The Charity Registration Number is :- 326634
Chasdei Yoel Charitable Trust
## Report and Accounts
5 April 2025
**Chasdei Yoel Charitable Trust**
## **Report and accounts for the year ended 5 April 2025**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Trustees' Annual Report**||1|
|**Statement of directors' responsibilities**||4|
|**Independent Examiner's Report**||6|
|**_Funds Statements:-_**|||
|Statement of Financial Activities||8|
|Statement of total recognised gains and losses||10|
|Movements in funds||12|
|Revaluation reserves||12|
|Revenue Funds||12|
|Income and Expenditure account||13|
|Summary of funds||13|
|**Balance sheet**||14|
|**Notes to the accounts**||16|
## **Chasdei Yoel Charitable Trust Trustees' Annual Report for the year ended 5 April 2025**
The Trustees present their Report and Accounts for the year ended 5 April 2025.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is:- Chasdei Yoel Charitable Trust
_**The charity's areas operation and UK charitable registration.**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 326634
_**Legal structure of the charity**_
The governing document of the charity is the Trust Deed establishing the charity.
The trustees are all individuals.
1
## **Chasdei Yoel Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2025**
## **The principal operating address and telephone number of the charity are:-**
85 Leicester Road Salford, Manchester M7 4GG 0161 740 0248
## **The Trustees in office on the date the report was approved were:-**
Mr A Roth Mr G Rothbart Mr J Jakobovics Mr NI Gruner
The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
All the trustees are also members of the charity.
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
The promotion of general charitable purposes. In addition it runs a local community and education centre.
## _**The main activities undertaken in relation to those purposes during the year.**_
During the year, the charity continued its running of the community centre, which offers a library and study hall open on a daily basis, as well as many lectures.
Chasdei Yoel also continued to provide grants to local families in need thereof.
## _**The main activities undertaken during the year to further the charity's purpose for**_
The trustees confirm that they have referred to guidance contained in the charity commission’s general guidance on public benefit and in particular to its supplementary public benefit guidance when reviewing the charity’s aims and objectives and in planning future activities, and setting the grant policy for the year.
## **The main achievements and performance of the charity during the year.**
The charity received donations during the year from which was paid out the community centre expenses and support costs. Grants were also paid out during the year as are in line with the objects of the charity.
The trustees would like to record their appreciation for the financial support received from benefactors during the course of the year.
2
## **Chasdei Yoel Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2025**
## _**Fundraising activities during the year.**_
The charity relies on grant aid from donors as is identified in the accounts, whose support is valued. There have been no other fundraising activities.
## _**The difference the charity's performance during the year has made to the beneficiaries of the charity.**_
The charity's beneficiaries have benefitted from the community centre, attending the lectures it has provided, as well as its liabrary and study hall.
Recipients of donations have had their financial plight eased somewhat.
## _**The degree to which the achievements and performance during the year have benefited wider society.**_
The wider society has also benefited from the charity, whose activities promote ethical values to those reached and affected by the charity.
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
New trustees are periodically appointed by the existing trustees, from within the community. This is done in consultation with the community leaders.
Bankers Barclays Bank PLC, 86-88 Market St, Manchester, M1 1PD Accountants Levensons Ltd, Rico House, George St, Prestwich, M25 9WS
## **Financial review**
## _**The charity's financial position at the end of the year ended 5 April 2025**_
The financial position of the charity at 5 April 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**_Total Unrestricted Funds_**
**Total Funds**
Unrestricted revaluation reserve
Unrestricted Revenue Funds available for the
general purposes of the charity
**Net income**|**2025**
**£**
44,096
1,182,097
(78,281)
**1,103,816**
**1,103,816**|**2024**
**£**
20,153
1,138,001
(78,281)
**1,059,720**
**1,059,720**|
|---|---|---|
3
## **Chasdei Yoel Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2025**
## _**Financial review of the position at the reporting date, 5 April 2025 .**_
The trustees consider the financial performance by the charity during the year to have been satisfactory.
With consideration to the operating requirements and needs of the building, the trustees have ensured sufficient funds remain to ensure the charity is in a position to continue providing for the future.
The charity owns several property syndicate investments, which continue to provide an income to the charity.
## _**Policies on reserves.**_
The unrestricted fund represents the unrestricted funds arising from past operating results. It represents the free reserves of the charity besides the tangible fixed assets and investments. The Trustees are satisfied that the balance of the fund is satisfactory given the nature of the cash requirements of the charity.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Statement of Trustees's Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended).
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
4
## **Chasdei Yoel Charitable Trust**
## **Trustees' Annual Report for the year ended 5 April 2025**
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 5 February 2025.
Mr A Roth Trustee
5
## **Chasdei Yoel Charitable Trust**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 5 April 2025**
I report on the financial statements of the charity on pages 8 to 24 for the year ended 5 April 2025 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) adapted to meet the needs of unincorporated organisations, as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) , effective January 2015 (The SORP), under the historical cost convention and the accounting policies set out on page 16.
## **Respective responsibilities of the Trustees and the Independent Examiner**
As described on page 4, the charity's Trustees are responsible for the preparation of the accounts.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, theTrustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit under any legal provision, or otherwise, and is eligible for independent examination, it is my responsibility to:-
- a) examine the accounts under Section 145 of the Act;
- b) follow the procedures in the General Directions given by the Charity Commission under section 145(5)(b) of the Act and;
- c) state whether particular matters have come to my attention.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
I conducted my examination in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act, setting out the duties of an Independent Examiner in relation to the conducting of an Independent Examination. An Independent Examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, asTrustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by theTrustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the Independent Examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above , in connection with my examination, I can confirm that :-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with General Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no matter has come to my attention in connection with my examination which gives me reasonable cause to believe that in any material respect the requirements :-
to keep accounting records in accordance with with Section 130 of The Charities Act 2011;
6
## **Chasdei Yoel Charitable Trust**
when preparing accounts on an accruals basis, to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and the Regulations setting out the form and content of charity accounts;
have been prepared in accordance with The Charities Act 2011. and with the methods and principles set out in the FRS102 Statement of Recommended Practice - Accounting and Reporting by Charities (effective January 2016)
have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached;
Mr Y Levenson - Independent Examiner Chartered Certified Accountant Rico House George St Prestwich M25 9WS
This report was signed on 5 February 2025
7
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
## _**Statement of Financial Activities for the year ended 5 April 2025**_
|**Current year**
**Unrestricted Funds**
**2025**
**£**
**Income & Endowments from:**
Donations & Legacies
A1
273,087
Investments
A4
27,664
**Total income**
**A**
**300,751**
**Expenditure on:**
Charitable activities
B2
256,621
**Total expenditure**
**B**
**256,621**
Net gains on investments
B4
(34)
**Net income for the year**
**44,096**
**Net income after transfers**
**A-B-C**
**44,096**
**Other recognised gains/(losses)**
D1
-
**44,096**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
1,059,720
**Total funds carried forward**
**1,103,816**
**Net movement in funds**
Net gains on revaluation of fixed
assets
**SORP**
**Ref**|**Current year**
**Restricted Funds**
**2025**
**£**
-
-
**-**
-
**-**
-
**-**
**-**
-
**-**
-
**-**|**Current year**
**Total Funds**
**2025**
**£**
**273,087**
**27,664**
**300,751**
**256,621**
**256,621**
**(34)**
**44,096**
**44,096**
**-**
**44,096**
**1,059,720**
**1,103,816**|**Prior Year**
**Total Funds**
**2024**
**£**
187,975
33,176
**221,151**
203,580
**203,580**
2,582
**20,153**
**20,153**
-
**20,153**
1,039,567
**1,059,720**|
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A Statement of Total Recognised Gains and Losses is included as a primary statement in these accounts.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
**The notes attached on pages 16 to 24 form an integral part of these accounts.**
8
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
|**Income & Endowments from:**
Donations & Legacies
A1
Charitable activities
A2
Other trading activities
A3
Investments
A4
Other
A5
**Total income**
**A**
**Expenditure on:**
Raising funds
B1
Charitable activities
B2
Other
B3
Tax on surplus on ordinary activit
B3
**Total expenditure**
**B**
B4
**Net income for the year**
**Transfers between funds**
**C**
**Net income after transfers**
**Other recognised gains/(losses)**
D1
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**
Net gains on revaluation of fixed
assets
Net gains on investments
**SORP**
**Ref**|**Prior Year**
**Prior Year**
**Unrestricted Funds**
**Restricted Funds**
**2024**
**2024**
**£**
**£**
**187,975**
-
**-**
-
**-**
-
**33,176**
-
**-**
-
221,151
-
-
-
203,580
-
-
-
-
-
**203,580**
**-**
2,582
-
17,571
-
-
-
20,153
-
-
-
-
-
**20,153**
**-**
1,039,567
-
**1,059,720**
**-**
|**Prior Year**
**Total Funds**
**2024**
**£**
**187,975**
**-**
**-**
**33,176**
**-**
221,151
**-**
**203,580**
**-**
**-**
**203,580**
**2,582**
**17,571**
**-**
20,153
**-**
**-**
**20,153**
**1,039,567**
**1,059,720**|
|---|---|---|
**All activities derive from continuing operations**
9
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
## **Statement of Total Recognised Gains and Losses for the year ended 5 April 2025**
|**2025**
**£**
**Surplus for the year :-**
44,130
**_Income from operations before tax in the Statement of Financial Activites_**
**44,130**
Realised (losses)/gains on the disposal of investments
(34)
**_Surplus as shown in the Income and Expenditure account_**
**44,096**
**_Add/(deduct) non income and expenditure items:-_**
Gains on the revaluation of tangible fixed assets
-
**Net Movement in funds before taxation**
**44,096**
**Funds generated in the year as shown on Statement of Financial Activiti**
**44,096**
**The notes attached on pages 16 to 24 form an integral part of these accounts.**
Net excess of income over expenditure from operations before tax|**2024**
**£**
17,571
**17,571**
2,582
**20,153**
-
**20,153**
**20,153**|
|---|---|
10
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
**Chasdei Yoel Charitable Trust - Resources applied in the year ended 5 April 2025 towards fixed assets for Charity use:-**
|Funds generated in the year as detailed in the SOFA
**Net resources available to fund charitable activities**|**2025**
**£**
44,096
**44,096**|**2024**
**£**
20,153
**15,403**|
|---|---|---|
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
**The notes attached on pages 16 to 24 form an integral part of these accounts.**
11
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
## **Movements in revenue and capital funds for the year ended 5 April 2025**
## **Revenue accumulated funds**
|Accumulated funds brought forward
**Closing revenue funds**
**Revaluation Reserve Fund**
At 6 April
**At 5 April**
**Summary of funds**
Revenue accumulated funds
Revaluation reserve fund
**Total funds**
Recognised gains and losses before
transfers
Net gains on revaluation of fixed assets|**Unrestricted**
**Funds**
**2025**
**£**
1,138,001
44,096
**1,182,097**
**1,182,097**
**Unrestricted**
**Funds**
**2025**
**£**
(78,281)
-
**(78,281)**
**Unrestricted**
**and**
**Designated funds**
**2025**
**£**
1,182,097
(78,281)
**1,103,816**|**Restricted**
**Funds**
**2025**
**£**
-
-
**-**
**-**
**Restricted**
**Funds**
**2025**
**£**
-
-
**-**
**Restricted**
**Funds**
**2025**
**£**
-
-
**-**|**Total**
**Funds**
**2025**
**£**
1,138,001
44,096
**1,182,097**
**1,182,097**
**Total**
**Funds**
**2025**
**£**
**(78,281)**
**-**
**(78,281)**
**Total**
**Funds**
**2025**
**£**
**1,182,097**
**(78,281)**
**1,103,816**|**Last year**
**Total Funds**
**2024**
**£**
**1,117,848**
20,153
**1,138,001**
**1,138,001**
**Last year**
**Total Funds**
**2024**
**£**
(78,281)
-
**(78,281)**
**Last Year**
**Total Funds**
**2024**
**£**
1,138,001
(78,281)
**1,059,720**|
|---|---|---|---|---|
**The notes attached on pages 16 to 24 form an integral part of these accounts.**
12
## **Chasdei Yoel Charitable Trust - Statement of Financial Activities for the year ended 5 April 2025**
## **Chasdei Yoel Charitable Trust**
## **Income and Expenditure Account for the year ended 5 April 2025 as required by the Companies Act 2006**
|**_Income_**
Income from operations
Realised Gains on the disposal of investments
Income from investments, other than interest receivable
Interest receivable
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Interest payable
Realised losses on disposals of social investments which are programme related
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**Net income after tax in the financial year**
**Net income before tax in the financial year**
Investment income and interest|**2025**
**£**
273,087
-
27,664
-
**300,751**
**300,751**
244,740
628
11,253
-
**256,655**
44,096
-
**44,096**
**44,096**|**2024**
**£**
187,975
2,582
33,176
-
**223,733**
**223,733**
190,289
718
12,573
-
**203,580**
20,153
-
**20,153**
**20,153**|
|---|---|---|
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
## **The notes attached on pages 16 to 24 form an integral part of these accounts.**
13
## **Chasdei Yoel Charitable Trust - Balance Sheet as at 5 April 2025**
|||**SORP**|||||
|---|---|---|---|---|---|---|
||Note|**Ref**||**2025**||**2024**|
|||||**£**||**£**|
|**Fixed assets**||A|||||
|Tangible assets|10|A2||910,867||911,495|
|Investments held as fixed assets|11|A4||249,568||207,932|
|**Total fixed assets**||||1,160,435||1,119,427|
|**Current assets**||B|||||
|Debtors|12|B2|21,498||21,498||
|Cash at bank and in hand||B4|64,009||66,903||
|**Total current assets**|||85,507||88,401||
|**Creditors: amounts falling due within**|||||||
|**one year**|13|C1|(1,974)||(3,294)||
|**Net current assets**||||83,533||85,107|
|**_Total assets less current liabilities_**||||1,243,968||1,204,534|
|Creditors: amounts falling due after more|||||||
|than one year|14|C2||(140,152)||(144,814)|
|**The total net assets of the charity**||||1,103,816||1,059,720|
|**The total net assets of the charity are funded**||**by the**|**funds of the**|**charity, as follows:-**|||
|**There are no unanalysed prior period funds**|||||||
|**Restricted funds**|||||||
|**There are no restricted funds.**|||||||
|**Unrestricted Funds**|||||||
|Unrestricted Revenue Funds|20|D3|1,182,097||1,138,001||
|Unrestricted Revaluation Reserve|20|D4|(78,281)||(78,281)||
|**Designated Funds**||||1,103,816||1,059,720|
|**Total charity funds**||||1,103,816||1,059,720|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.
14
## **Chasdei Yoel Charitable Trust - Balance Sheet as at 5 April 2025**
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
## **Mr A Roth**
Trustee Approved by the board of trustees on 5 February 2025
## **The notes attached on pages 16 to 24 form an integral part of these accounts.**
15
## **Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015 (as amended by the Bulletin issued in February 2016) published by the Charity Commission in England & Wales (CCEW) ,effective January 2016, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration.
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## **Fixed Asset Investments**
Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period. Investment properties are not depreciated.
Fixed asset investments in unlisted equities are shown at the balance sheet date at the best estimate of their market value, where practicable. Where valuation techniques are considered unreliable or where, in the opinion of the trustees, the costs outweigh the benefits to the users of the accounts, the investment is included at cost, and a review is undertaken at each year end as to whether the asset should be written down.
All gains on fixed asset investments, whether realised or unrealised, are included in row B4 of the Statement of Financial Activities.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value ove estimated useful lives.
Freehold premises 0 % straight line Leasehold premises 2 % straight line Plant and machinery 12.5 % reducing balance Motor vehicles 25 % straight line
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Creditors and provisions**
Accruals and other liabilities are recognised when there is a legal or constructive obligation to pay for expenditure.
16
**Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025**
## **Financial instruments including cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Net surplus before tax in the financial year**
|Depreciation of owned fixed assets
**5 Interest payable**
Loan interest
Bank interest payable
The net surplus before tax in the financial year is stated after charging:-|**2025**
**£**
628
**2025**
**£**
-
11,253
11,253|**2024**
**£**
718
**2024**
**£**
-
12,573
12,573|
|---|---|---|
## **6 Gains and losses on revaluation of fixed assets**
|**_Revaluation of :-_**
Property
**Investment gains**
**_Realised gains/(losses)_**
Other Unlisted Investments
**Total realised gains/(losses)**
**Total realised and unrealised gains**|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
-
-
**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
(34)
**(34)**
**(34)**|**Current year**
**Restricted**
**Funds**
**2025**
**£**
-
**Current year**
**Restricted**
**Funds**
**2025**
**£**
-
**-**
**-**|**Current year**
**Total Funds**
**2025**
**£**
**-**
-
**Current year**
**Total Funds**
**2025**
**£**
**(34)**
**(34)**
**(34)**|**Prior Year**
**Total Funds**
**2024**
**£**
-
-
**Prior Year**
**Total Funds**
**2024**
**£**
2,582
**2,582**
**2,582**|
|---|---|---|---|---|
## **7 Investment gains**
17
**Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025 8 Staff costs and emoluments**
|**_Salary costs_**|**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Gross Salaries excluding trustees and key management personnel|32,916|43,629|
|Trustees' Remuneration as detailed in note 9|-|-|
|**Total salaries, wages and related costs**|**32,916**|**43,629**|
|**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was|**2025**
**4**|**2024**
8|
|The average number of part time staff employed in the year was
**4**
The average number of full time staff employed in the year was
**-**
The estimated full time equivalent number of all staff employed in the year was
**2**
**_The estimated equivalent number of full time staff deployed in different activities in the year was:-_**
Engaged on charitable activities
**2**||**8**
**-**
**3**
3|
|**_The estimated full time equivalent number of all staff employed as above_**|2|3|
|Neither the trustees nor any persons connected with them have received any remuneration from the charity or any
related entity, either in the current or prior year.|||
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
|**9 Remuneration and payments to Trustees and persons connected with them**
The remuneration in the year year was
**_Total remuneration package included in total salaries above_**
Highest paid employee|**9,772**
**9,772**|9,360
**9,360**|
|---|---|---|
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
## **10 Tangible fixed assets**
|**Cost**
At 6 April 2024
Surplus on revaluation
**At 5 April 2025**
**Depreciation**
At 6 April 2024
Charge for the year
**At 5 April 2025**
**Net book value**
At 5 April 2025
At 5 April 2024|**Land and**
**Buildings**
£
901,719
-
**901,719**
-
-
**-**
**901,719**
**901,719**|**Plant &**
**Machinery**
£
69,539
-
**69,539**
59,763
628
**60,391**
**9,148**
**9,776**|**Motor**
**Vehicles**
£
-
-
**-**
-
-
**-**
**-**
**-**|**Total**
£
971,258
-
**971,258**
59,763
628
**60,391**
**910,867**
**911,495**|
|---|---|---|---|---|
18
**Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025**
|**_Freehold land and buildings included above:_**
Historical cost
Cumulative depreciation based on historical cost
**11 Investments held as fixed assets**
**£**
**Carrying values of investments**
At 6 April 2024
-
Additions
-
Disposals
-
**At 5 April 2025**
**-**
**Analysis between fair value and historical cost**
Investments as above held at fair value
-
**Analysis of Other Classes of Investment**
**Summary of other classes of investments at 5 April 2025**
Cash or cash equivalents
**12 Debtors**
Other debtors
**13 Creditors: amounts falling due within one year**
Accruals
**14 Creditors: amounts falling due after one year**
Bank loans and overdrafts
Other creditors
**15 Loans to trustees included in debtors**
**16 Guarantees made by the charity on behalf of trustees**
**Investments in**
**subsidiaries**|**Listed**
**investments**
**£**
-
-
-
**-**
-
**Included at**
**historical**
**cost, less**
**write down**
**£**
-|**2025**
**£**
901,719
-
**Other**
**Classes of**
**Investment**
**£**
207,932
41,636
-
**249,568**
249,568
**Included at**
**fair value**
**£**
249,568
**2025**
**£**
21,498
**2025**
**£**
1,974
**2025**
**£**
112,797
27,355
**140,152**
**-**
**-**|**2024**
**£**
901,719
-
**Total**
**£**
207,932
41,636
-
**249,568**
249,568
**Total**
**£**
**249,568**
**2024**
**£**
21,498
**2024**
**£**
3,294
**2024**
**£**
117,459
27,355
**144,814**
**-**
**-**|
|---|---|---|---|
19
**Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025**
## **17 Revaluation reserve**
|**At 6 April 2024**
Arising on revaluation during the year
**At 5 April 2025**
**18 Income and Expenditure account summary**
**At 6 April 2024**
Surplus after tax for the year
**At 5 April 2025**|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
(78,281)
-
**(78,281)**|**Current year**
**Restricted**
**Funds**
**2025**
**£**
-
-
**-**|**Current year**
**Total Funds**
**2025**
**£**
**(78,281)**
**-**
**(78,281)**
**2025**
**£**
1,138,001
44,096
**1,182,097**|**Prior Year**
**Total Funds**
**2024**
**£**
**(78,281)**
**-**
**(78,281)**
**2024**
**£**
1,117,848
20,153
**1,138,001**|
|---|---|---|---|---|
## **19 Particulars of how particular funds are represented by assets and liabilities**
|**_At 5 April 2025_**
Tangible Fixed Assets
Investments at valuation:-
_Fixed asset investments_
Current Assets
Current Liabilities
Long Term Liabilities
**At 6 April 2024**
Tangible Fixed Assets
Investments at valuation:-
Fixed asset investments
Current Assets
Current Liabilities
Long Term Liabilities|**Unrestricted**
**funds**
**£**
910,867
249,568
85,507
(1,974)
(140,152)
**1,103,816**
**Unrestricted**
**funds**
**£**
911,495
207,932
88,401
(3,294)
(144,814)
**1,059,720**|**Designated**
**funds**
**£**
-
-
-
-
-
**-**
**Designated**
**funds**
**£**
-
-
-
-
-
**-**|**Restricted**
**funds**
**£**
-
-
-
-
-
**-**
**Restricted**
**funds**
**£**
-
-
-
-
-
**-**|**Total**
**Funds**
**£**
**910,867**
**249,568**
**85,507**
**(1,974)**
**(140,152)**
**1,103,816**
**Total**
**Funds**
**£**
**911,495**
**207,932**
**88,401**
**(3,294)**
**(144,814)**
**1,059,720**|
|---|---|---|---|---|
## **20 Change in total funds over the year as shown in Note 19 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
Unrestricted Revaluation Reserve
**Total unrestricted and designated funds**
**Total charity funds**|**£**
1,138,001
(78,281)
**1,059,720**
**1,059,720**
**Funds**
**brought**
**forward from**
**2024**|**See Note 21**
**£**
44,096
-
**44,096**
**44,096**
**Movement in**
**funds in 2025**|**See Note 0**
**£**
-
-
**-**
**-**
**Transfers**
**between**
**funds in 2025**|**£**
**1,182,097**
**(78,281)**
**1,103,816**
**1,103,816**
**Funds**
**carried**
**forward to**
**2026**|
|---|---|---|---|---|
20
**Chasdei Yoel Charitable Trust**
## **Notes to the Accounts for the year ended 5 April 2025**
**21 Analysis of movements in funds over the year as shown in Note 20**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
Unrestricted Revaluation Reserve|**Income**
**2025**
**£**
300,751
-
**300,751**|**Expenditure**
**2025**
**£**
(256,621)
-
**(256,621)**|**Other**
**Gains &**
**Losses**
**2025**
**£**
(34)
-
**(34)**|**Movement**
**in funds**
**2025**
**£**
**44,096**
**-**
**44,096**|
|---|---|---|---|---|
Gains and losses are detailed in notes 6 and 7.
## **22 The purposes for which the funds as detailed in note 20 are held by the charity are:-**
_**Unrestricted and designated funds:-**_ These funds are held for the meeting the objectives of the charity, and to Unrestricted Revenue Funds provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. _**Restricted funds:-**_ The purpose of these funds is described under the accounting policy Restricted Fixed Asset Funds 'Accounting for capital grants and fixed asset funds'. This fund represents the restricted surplus arising on the revaluation of the Restricted Revaluation Reserve charity's assets.
## **23 Ultimate controlling party**
The charity is under the control of its legal members.
Every member of the charity has unlimited joint and several liability for the debts of the charity.
21
## **Chasdei Yoel Charitable Trust**
**Detailed analysis of income and expenditure for the year ended 5 April 2025 as required by the SORP 2015**
|**24 Investment income**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted Funds**
**2025**
**2025**
**£**
**£**
Property Rental Income
27,664
-
Bank Interest Receivable
-
-
**Total investment income**
**A4**
**27,664**
**-**
**25 Expenditure on charitable activities - Direct spending**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted Funds**
**2025**
**2025**
**£**
**£**
32,916
-
-
-
**Total direct spending**
**B2a**
**32,916**
**-**
**26 Expenditure on charitable activities- Grant funding of activities**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted Funds**
**2025**
**2025**
**£**
**£**
207,701
-
**Total grantmaking costs**
**B2c**
**207,701**
**-**
Grants made to individuals
Gross wages and salaries - charitable
activities
Travel and Subsistence - Charitable
Activities|**Current year**
**Total Funds**
**2025**
**£**
**27,664**
**-**
**27,664**
**Current year**
**Total Funds**
**2025**
**£**
**32,916**
**-**
**32,916**
**Current year**
**Total Funds**
**2025**
**£**
**207,701**
**207,701**|**Prior Year**
**Total Funds**
**2024**
**£**
33,176
-
**33,176**
**Prior Year**
**Total Funds**
**2024**
**£**
43,629
940
**44,569**
**Prior Year**
**Total Funds**
**2024**
**£**
141,327
**141,327**|
|---|---|---|
**27 Support costs for charitable activities**
||**Current year**||**Current year**|**Current year**||**Prior Year**|
|---|---|---|---|---|---|---|
||**Unrestricted**||**Restricted Funds**|**Total Funds**||**Total Funds**|
||**Funds**||||||
||**2025**||**2025**|**2025**||**2024**|
||**£**||**£**|**£**||**£**|
|**_Premises Expenses_**|||||||
|Property insurance||-|-||**-**|-|
|Beis Medrash||-|-||**-**|646|
|Light & Heat||-|||**-**|-|
|**_Administrative overheads_**|||||||
22
## **Chasdei Yoel Charitable Trust**
**Detailed analysis of income and expenditure for the year ended 5 April 2025 as required by the SORP 2015**
|42
-
**42**
274
-
**274**
-
-
**-**
**_Professional fees paid to advisors other than the auditor or examiner_**
-
-
**-**
-
-
**-**
**_Financial costs_**
840
-
**840**
-
-
**-**
-
-
**-**
628
-
**628**
11,253
-
**11,253**
**Support costs before reallocation**
**16,004**
**-**
**16,004**
**Total support costs**
**16,004**
**-**
**16,004**
Telephone, fax and internet
Information and publications
Bank interest payable
Accountancy fees other than
examination or audit fees
Sundry expenses
Hire Purchase interest
Loan interest
Depreciation & Amortisation in total for
Other legal and professional
Bank charges|73
161
457
900
736
620
-
-
718
12,573
**17,684**
**17,684**|
|---|---|
The basis of allocation of costs between activities is described under accounting policies
## **28 Total Charitable expenditure**
|Total direct spending
**B2a**
Total grantmaking costs
**B2c**
Total support costs
**B2d**
**Total charitable expenditure**
**B2**|**Current year**
**Unrestricted**
**Funds**
**2025**
**£**
32,916
207,701
16,004
**256,621**|**Current year**
**Current year**
**Prior Year**
**Restricted Funds**
**Total Funds**
**Total Funds**
**2025**
**2025**
**2024**
**£**
**£**
**£**
-
**32,916**
44,569
-
**207,701**
141,327
-
**16,004**
17,684
**-**
**256,621**
**203,580**|
|---|---|---|
23
## **Chasdei Yoel Charitable Trust**
## **Activity analysis of Income and expenditure for the for the year ended 5 April 2025**
## _**This analysis is classsified by activity and not by conventional nominal descriptions.**_
|**29 Analysis of income by activity**
**SOFA ref**
**_Summary of Total Income, including the items above_**
Donations & Legacies
**A1**
Investment income
**A4**
**Total income as shown in the SOFA**
**A**
**_Categories of income_**
Income from exchange transactions
**30 Analysis of charitable expenditure by activity**
**Direct costs**
**Support**
**costs**
**2025**
**2025**
**£**
**£**
32,916
**B3. Premises Expenses**
2,967
**B4. Administrative overheads**
316
-
-
**B6. Financial costs**
12,721
**-**
**48,920**
**Activity**
**B5. Professional Fees**
**Activity**
**Summary of charitable costs by**
**activity**
**A1. Expenditure on charitable**
**activities directly attributable to**
**activities**
**Total charitable expenditure**|**Grant**
**funding of**
**activities**
**2025**
**£**
**-**|**2025**
**£**
273,087
27,664
**300,751**
300,751
**Total**
**2025**
**£**
**32,916**
**2,967**
**316**
**-**
**12,721**
**48,920**|**2024**
**-**
187,975
33,176
**221,151**
221,151
**Total**
**2024**
**£**
**17,506**
**8,091**
**6,894**
**2,591**
**9,582**
**44,664**|
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 28
24