Rewed Number 326164 TEN CHARITABLE TRUST Financial Statement For the year ended 31 March 2024 SEFfoN YODAIKEN & CO FaiEW&yS House M25 9WS
•Ten awitsbk Tn. Annual Report For the year ended 31: MaTch 2024 The Ten Chritsble TTht is constituted by Deed of Tnjst and is a registered charty, nvmber 32616Q Its ad&ess is at 27 Waterpark Road Salford M7 4Fr. . Mf. Mordecai Halpertt Mt. Sllmuel Halpern The object of the charity is to F)rovide &ssistance: To relieve povety; To 5UpF.eduCati0 estsblishnients; To supportqeligio The administration of.the trust is carrieLt out by the Trustees. The of the eharity is.reLEwed..by way of Gift Ai4 doliations, iftteres¢ renL The Trustees examine allgrattt applicatsoths and they decide on the level 0£ grant ID Ee made Risk Review The trustees have assessed the major Tisks to which the charity is exp05e(L in paTtscular those related to the operationg and finance of the charity, and are satisfied that Systems are in Pla. to mttigatp thL)se Tisks The ch"atity is ftthded by d.onations and'also from investment incorne. The tharity gives o grants ity line with th.e above objectives and in accordance with the chatities grant n)akng po]icy. The trustees (onfirni their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commion wlEn reviewing the eliarity.'s ain Page I
•T•TCharitable Tnist• Tntstees Report For the year ended 31 Mareh 2024 Achi&vethents artd Perfonkiance The cknity reiVed £SO,(M in donations during. the year. Grants given durin8 the year totalled £634A65. The 8rants were all in accordanLE the charities obiectsves knvestment Powers al Polky In accordance with the trust deed. the charity has power to make any investllnts which the trustses see fit. The trustee5 Rgularty review the charAtys ltiOn and needs in respttt of the investftiellt policy. Reserves Pollcy It is the policy of tlE charity ID rnaintsin unrestricted funds, which are free resefves of the charity at ? level which the trustees think appropriate after cottsidering the futute coiniilltments of the chan-ty and lthdy costs of the charity for the next year. Mt.M Trustee For and,signed on halfvE the BoaTd of Tnlee& 12 DeCeMr 2024 Page 2
•Ten awitable Tru8t• Independent£xamknrfs Reporf to the Trn&tee8 For The Year Ended 31 March 2024 We report on Ibe aecounts of the Tntst for the year ended 31 MaTdL %)24 whith are set ottt on pages 4 to 5. Resii'ective responsiblfieor tru8tee& and exathet As the charl$. tntee$ you are responstt>le for the preparation. of the counts. You consider that the audit requirement of section 144 0£ the awities Act 2011 (the Act) does not apply. It is my respon& bility tt) state, oft the basis of PedureS specified in the General Directsons given by the awity Comrriwoners undet tIOn 145(5)(b) of the ACL whether partscular matters have come lo my alteatio Basis ot independent exammerf8 report My examination was carried out in accordance with the General: Directions given by the aTity ComrnissionÉ"rs. An examination mdudes a review of the accouiiting records: kept by the charity and a comparison of the accounts presented with those records. It a]80 includes cortsitleration of any Uftu items or di10SreS in the accounts, and Seeking do not provide altthe evidence that.would be required in an audi¢ and c(yiweAtty do not ss an aodti opinion on the view given by the cortrtection with Yny exarn1natto no mat*r has. come to my attetitio (l) W&ich gives me reasonable cause to beliève that in arty material Tespett the keep &ccounting rewrds in accOrdart with secflon 130 of the Act. and (14 to prepate accounfs whxch accord with the accowiting records and to comply with the accounting requirement of the Act have not Iren Met ot (2. ) to whiÈl¥ in my Opinio attention should be drawn in order to enable. a PToper uThderstandmg of the accounts to be read1. 12 December 2024 Fairways House Page 3
Ten Charitable Trust• Statement of Financial Activities For the y&ir ended 31 March 2024 2024 Volunfary Itkctyn lttvestmait income 36J)(X) 322J88 413,723 1,173 35941 Charitable disthtio G0vetnail costs 313,982 19AXM so01 59531 Total resources expeiided 6%A145 383,487 Net deficif for the year Suq)lus &/F (209,615) (23,646) 3M3,164 Syrplus C/F SA)99, 3J09,518
•Ten Charitable Trust. Balaft Sheet As at 31 March 2024 Flxed,asyeEs Tangible fixed assets 1.968W6 1,968ANS Debtors Cash at bank 1,1%875 117,1 IA89,Y36 (25.707) 157,434) 125£614 IA64229 3213220 3A32,835 33235 °Approved by the ttltees on 12 Decem 2024 and Sied on their behalf Mr M Halpern Trustee * * ¥ • Page 5
•Ten Charitable Trust. Notes to the Finaiicial Statements tror the year ended 31 March 2024 l. knounthig Poliae& by charlties (SORP 21M)5) issued in Marth 25 and the (Jw1 Act 2011. 3)24 2023 Donations teyea 21534 n534 36AXXI 2024 413.715 Ban1< and other interest 3W88 413.723 322J88 4. Governance costs 2024 2013 I50 3n 17283 419 72gal and professional 19m4 2023 Insurall, hEat arnl ]i8ht (1.122) 18,060 31659 Repairs arfdd¢aning Telepthone and 4nler 3B.114 313 8,744 32 457 Sutidry 59531 50,51n
•TenCharitable Trust. Notes to the Finaneral Staternet For the year ended 31 Mch 2024 6. Tan8ibl¢ Flxed A8aet8 - Freehold Propaty 2024 B/F &C/F 1,968h06 7. DebtOZ8 2024 Trade debtors ah debtors 123295 IJ06J14 I,IW75 .IA29,609 2024 Trade creditors Rental deposits iJ96 I999 35,189 676 Othet £reditors 25,707 9. Unknicted ReBerve 2023 Setded nd CaÈital accounts 10 IZ43 3m9,91k3 10 123J07 3,309M,8 3213220 3,432A35 Page 7