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2021-04-05-accounts

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Friends of Gaon Yaakov

Charity Registration No. 326592 Receipts and Payments Account For the year ended 5" April 2021

||||2021||2020|2020||| |---|---|---|---|---|---|---|---| ||||£
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IN HAND|||||||| |Brought|Forward|6 April 2020|21|6 April 2019||81||| |Donations Received|||168,188||20,557|||| ||||£168,209||£20,638|||| |||||||||| |LESS:||||||||| |Donations Paid||167,750||20,477|||| |Bank charges||442||140|||| |||eo|£168,192||£20,617|||| |FUNDS|INHAND|5 April 2021|17|5 April 2020|£|2]||| |Carried|Forward|||||||

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Friends of Gaon Yaakov

Charity Registration No. 326592

Trustees Annual Report

For the period 5 April 2020 to 5 April 2021

Objectives and Activities

The sole object of Friends of Gaon Yaakov is to raise funds in support of[an][education] institute located in Israel by the name of Gaon Yaakov.

This objective is achieved by the raising of funds from independent donors.

This institution is a teachers’ training college and relies heavily on outside donations to cover its running costs.

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The year under review reported substantially more donations received than in any previous year in existence of the charity largely due to a personal fund raising event involving one of the main lecturers who visited the UK during the year.

The trustees were extremely gratified by the level of financial support which as indicated by the attached accountancy reports greatly exceeded expectations.

As the main purpose ofthe charity is to support the institution Gaon Yaakov, all funds are distributed immediately upon receipt so that there are minimal reserves maintained in the bank account which is the pattern of financial activity throughout each year.

All rules and guidelines of the Charity Commission are observed and maintained on a continuous basis.

Due to the death of one ofthe long outstanding trustee, a new trustee has recently been appointed and the current trustees as at the date of the signing of this report are as follows:-

Mr Chaskel Rand

Mr Yechiel Chersky

In addition we are fortunate to have the services of the co Treasurer, Mr Schloime Rand. who has been a dedicated servant of the Trust and a long outstanding supporter of the institution Gaon Yaakov for many years

Chaskel Rand Trustee

Independent Examiner’s Report to the Trustees of FRIENDS OF GAON YAAKOV

I report on the accounts for the year ended 5 April 2021

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Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation ofthe accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. It is my responsibility to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view ' and the report is limited to those matters set out in the statements below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met, or |

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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