2024-03-31-accounts

CHARITY CHARITY REGISTRATION REGISTRATION NUMBER: NUMBER: 327054 327054

Vyoel Vyoel Moshe Moshe Charitable[Charitable] Trust Trust Unaudited Unaudited Financial Financial Statements Statements 31 31 March March 2024 2024

BRINDLEY BRINDLEY GOLDSTEIN GOLDSTEIN LIMITED LIMITED Chartered Chartered accountants accountants 103 103 High High Street Street Waltham Waltham Cross Cross Herts Herts FNS 7AN 7 ANI

Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Financial Financial Statements Statements

Year Year ended ended 31[31] March March 2024 2024

	Page Page
Trustees' annual report Trustees' annual report	1 1
Independent examiner's report to the trustees Independent examiner's report to the trustees	4 4
Statement of financial activities Statement of financial activities	5 5
Statement of financial position Statement of financial position	6 6
Statement of cash flows Statement of cash flows	7 7
Notes to the financial statements Notestothefinancialstatements	8 8

Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Trustees’ Trustees' Annual Annual[Report] Report

Year Year ended ended 31[31] March March 2024 2024 a= The The trustees trustees present present their their report report and and the the unaudited unaudited financial financial statements statements of of the the charity charity for for the the year year ended ended[31] 31 March[March][2024.] 2024.

Reference Reference and and administrative administrative details[details]

Reference and administrative Reference and administrative	[details] details
Registered charity name Registered charity name	Vyoel Moshe Charitable Trust Vyoel Moshe Charitable Trust
Charity registration number Charity registration number	327054 327054
Principal office Principal office	38a Kyverdale Road, Basement 38a Kyverdale Road, Basement
	London London
	N16 7AH N16 7AH
The trustees The trustees
	Mr B. Berger Mr B.Berger
	Mr J. Frankel Mr J. Frankel
	Mr S. Cik Mr S. Cik
Independent examiner Independent examiner	Charles Goldstein FCA Charles Goldstein FCA
	103 High Street 103 High Street
	Waltham Cross Waltham Cross
	Herts Herts
	EN8 7AN EN87AN

Structure, Structure, governance governance and and management management Organisation Organisation Structure, Structure, Recruitment Recruitment and and Induction Induction

Power Power[to] to appoint appoint new new trustees trustees is is vested vested in in the the current current board. board. The The charity charity has has[three] three trustees trustees who who meet meet regularly regularly[in] in order order to to discuss discuss and and control control its its activities. activities. All All trustees trustees[and] and the the volunteer volunteer bookkeeper bookkeeper act act on on a a voluntary[voluntary] basis[basis] and and receive receive no no remuneration remuneration or or reimbursement reimbursement for[for] expenses expenses incurred[incurred] by by them them in[in] the the execution execution of[of] their their duties. duties. The The day day[to] to day day running[running][of] of the the charity charity[is] is done done by by Mr Mr S.[S.] Cik,[Cik,] together together with with a a volunteer. volunteer. New New trustees trustees are are appointed appointed based based on on personal personal competence, competence, specialist specialist skills skills and and experience. experience. They They are are inducted inducted into into the the working working of of the the charity charity by by the the current current board board and and are are encouraged encouraged to to read read the the Charity Charity Commission's Commission's various[various] publications. publications.

Governing Governing Document Document

The The charity charity was was constitued[constitued] by by[Declaration] Declaration of[of] Trust Trust dated dated 9th 9th January January 1986. 1986.

Risk Risk Management Management The The trustees trustees have have a a duty duty[to] to identify identify and and review review the the risks risks to to which which the the charity charity is is exposed exposed and and are are satisfied satisfied systems systems are are in in place place to to mitigate mitigate its its exposure exposure to to those those risks, risks, in in particular particular those those to to the the operations operations and[and][finances] finances of[of] the[the][charity.] charity.

oe

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Trustees’ Trustees' Annual Annual[Report] Report[(continued)] (continuea)

Year Year ended ended 31[31] March March 2024 2024

Objectives Objectives and and activities activities

The The charity's charity's aim aim is is to to make make collections collections locally locally and and to to transmit transmit funds funds to to approved approved charities charities and and

institutions institutions as as[well] well as as[to] to needy needy individuals. individuals. The The charity charity is[is] very very[reliant] reliant on on voluntary[voluntary] income income[and] and[receives] receives donations donations both[both] from[from] individuals individuals and[and] from[from] businesses. businesses.

The The institutions institutions are are worldwide[worldwide] and[and] are are assisted assisted with with financial financial grants grants over over and[and] above above of of what what is is available available to[to][them] them locally.[locally.] The The[grants] grants[to] to individuals individuals are are made made to[to] financially financially deprived deprived families,[families,] at at Jewish Jewish

holiday holiday times times and and other other special special occasions. occasions.

Public Public Benefit Benefit

We We have have referred[referred] to to the the guidance guidance contained contained in in the the Charity Charity Commission's Commission's general general guidance guidance on on public public benefit benefit[in] in planning planning our our future future activities, activities, and and setting setting our our grant grant making making policy policy for for the the year, year, when when reviewing reviewing

our our aims[aims] and[and] objectives. objectives.

Grant Grant Making Making Policy Policy

In In general general the the trustees trustees select select the the institutions institutions to to be be supported supported according according to to their their personal personal knowledge knowledge of[of] work work[of] of the the institution. institution. Individuals Individuals are are referred referred[to] to the the charity charity by by local local rabbis. rabbis. Any Any application application is[is] carefully carefully considered considered[and] and help[help] given given according according to[to] circumstances circumstances[and] and funds funds then[then] available. available.

Achievements Achievements and and performance performance

Charitable Charitable Activities Activities

During During the the year year the the charity charity continued continued to to collect collect funds funds to to be be distributed distributed to to charitable charitable institutions, institutions, religious religious bodies bodies[and] and poverty-stricken poverty-stricken[people.] people.

Financial Financial review review

Reserve Reserve Policy Policy

The The charity charity retains retains reserves reserves to to ensure ensure it it has has sufficient sufficient funds funds to to meet meet immediate immediate and and anticipated anticipated administrative administrative costs. costs.[Unrestricted] Unrestricted funds funds at[at] the[the] year year end[end] amounted amounted to[to] £26,017[226,017] (2023:[(2023:] £45,239).[245,239).] The The trustees trustees[however] however have have[contact] contact at[at] all[all] times[times] with[with][potential] potential[donors] donors and[and] local local supporters supporters within[within] the[the] Jewish[Jewish] community, community, who who are are[able] able[to] to assist assist with with the the charity's charity's financial financial requirements. requirements.

Plans Plans for for future future periods periods

The The charity charity plans plans[to] to continue[continue] to[to] collect collect[grants] grants[and] and make make donations donations[in] in accordance accordance with[with] its[its] grant[grant] making making policy policy as as[in] in[previous] previous years, years, for[for][the] the foreseeable foreseeable future.[future.] There There are are no no plans plans for[for] any any major major changes.[changes.]

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Trustees' Trustees’ Annual Annual Report[Report] (continuea)[(continued)]

Year Year ended ended[31] 31 March March 2024 2024

The The trustees' trustees’ annual annual report report was was approved approved on on 12 12 August August 2024 2024 and and signed signed on on behalf behalf of of the the board board of of trustees y: trustees by: f_)

Mr Mr[B.] B. Berger Berger A Trustee Trustee / \

a2

Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust Independent Independent Examiner's Examiner's Report Report to to the the Trustees Trustees of of Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Year Year ended ended 31[31] March March 2024 2024 a a vee a

| I report report to to the the trustees trustees on on my my examination examination of of the the financial financial statements statements of of Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust (‘the ('the charity’) charity') for for the the year year ended ended 31 31 March March 2024. 2024. Responsibilities Responsibilities and and basis basis of[of] report report

As As[the] the trustees trustees of of the the charity charity you you are are responsible[responsible] for for the the preparation preparation of of the the financial financial statements statements in in accordance accordance[with] with[the] the requirements requirements[of] of the the Charities Charities Act[Act] 2011 2011 (‘the ('the Act’). Act'). | I report report in in respect respect of of my my examination examination of of the the charity's charity's financial financial statements statements carried carried out out under under section section 145 145

of of the the 2011 2011 Act Act and and in[in] carrying carrying out out my my examination examination I | have have followed followed all all the the applicable applicable Directions Directions given given

by by the the Charity Charity Commission Commission under under section section 145(5)(b) 145(5)(b) of of the the Act. Act.

Independent Independent examiner's examiner's statement statement Since Since the the[charity's] charity's gross gross income income exceeded exceeded £250,000 250,000 your your examiner examiner must must be be a a member member of of a a body body

listed listed in in section section 145 145 of of the the 2011 2011 Act. Act. | I confirm confirm that that | I am am qualified qualified to to undertake undertake the the examination examination because because |[I] am am a a member member[of] of the the Institute Institute of of Chartered Chartered Accountants Accountants in in England England and and Wales Wales (ICAEW), (ICAEW),

which which is[is] one one of of the the listed listed bodies. bodies. | I have have completed completed my my examination. examination. | I confirm confirm that that no no material material matters matters have have come come to[to] my my attention attention in in

connection connection with[with] the[the] examination examination giving[giving] me me cause cause to[to] believe[believe] that that in[in] any any material material respect: respect: 1. accounting accounting records records were were not not[kept] kept in[in] respect respect of[of] the the charity charity as as required required by by section section 130 130 of[of] the the Act; Act; or or 2. 2. — the the financial financial statements statements do do not not accord accord with with those those records; records; or or

1. 1. _ the the financial financial statements statements do do not not comply comply with with the the applicable applicable requirements requirements concerning concerning the the form form and and content content[of] of accounts accounts set set out out in in the the Charities Charities (Accounts (Accounts and and Reports) Reports) Regulations Regulations 2008 2008 other other than than any any requirement requirement that that the the accounts accounts give givea a ‘true 'true and and fair’ fair' view view which which is is not not a a matter matter considered considered as as part[part] of[of] an an independent independent examination. examination.

I | have have no no concerns concerns[and] and have[have] come come across across no no[other] other matters matters in in connection connection with with the the examination examination to to which which attention attention should should be be drawn drawn in in this this report report in in order order to to enable enable a a proper proper understanding understanding of of the the accounts accounts to[to][be] be reached. reached.

Charles Charles Goldstein Goldstein FCA FCA Independent Independent Examiner Examiner 103 103 High High Street Street Waltham Waltham Cross Cross Herts He rts EN8 EN8 7AN 7AN

12 12 August August 2024 2024

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Statement Statement[of] of[Financial] Financial Activities Activities

Year Year ended ended 31[31] March March 2024 2024

ee

		2024 2024	2024 2024		2023 2023
		Unrestricted Unrestricted
		funds funds	Totalfunds Totalfunds		Total funds Total funds
	Note Note	£		£	£
Income and endowments income and endowments
Donations and legacies Donations and legacies	4 4	704,256 704,256		704,256 704,256	863,640 863,640
Total income Total income		704,256 704,256		704,256 704,256	863,640 863,640
Expenditure Expenditure
Expenditure on charitable activities Expenditure on charitable activities	5,6	723,478 723,478		723,478 723,478	956,758 956,758
Total expenditure Total expenditure		723,478 723,478		723,478 723,478	956,758 956,758
Net expenditure and net movement in funds Net expenditure and net movement in funds		(19,222) (19,222)		(19,222) (19,222)	(93,118) (93,118)
Reconciliation of funds Reconciliation of funds
Total funds brought forward Total funds brought forward		45,239 45,239		45,239 45,239	138,357 138,357
Totalfunds carried forward Totalfundscarriedforward		26,017 26,017		26,017 26,017	45,239 45,239

The The statement statement of[of] financial financial activities activities includes includes all[all] gains gains and and losses losses recognised recognised in in the the year. year. All All income income and and expenditure expenditure derive derive from from continuing continuing activities. activities.

The The notes notes on on pages pages 8 8 to[to] 12 12 form form part part of[of] these these financial financial statements. statements.

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Statement Statement of[of] Financial[Financial] Position Position

31 31 March March 2024 2024

		2024 2024	2023 2023
	Note Note	£	£
Current assets Current assets
Cash at bank and in hand Cash at bank and in hand		26,917 26,917	45,239 45,239
Creditors: amounts falling due within one year Creditors: amounts falling due within one year	10 10	900 900	-
Net current assets Net current assets		26,017 26,017	45,239 45,239
Total assets less current liabilities Total assets less current liabilities		26,017 26,017	45,239 45,239
Net assets Net assets		26,017 26,017	45,239 45,239
Funds of the charity Funds ofthe charity
Unrestrictedfunds Unrestricted funds		26,017 26,017	45,239 45,239
Total charity funds Totalcharityfunds	11 11	26,017 26,017	45,239 45,239

These These financial financial statemgnts statem nts Were ere[approved] approved by[by][the] the board[board] of[of] trustees trustees and[and] authorised authorised for[for] issue[issue] on on 12 12 August August[2024,] 2024,[and] and are are signed ign d on on behalf behalf of of the the board board by: by:

Mr Mr B.[B.] Berger Berger \ Trustee Trustee \

The The notes notes on on pages pages8[8] to[to] 12[12] form form part[part] of[of] these these financial[financial] statements. statements.

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust Statement Statement of[of] Cash Cash Flows Flows

Year Year ended ended[31] 31 March March 2024 2024

	2024 2024	2023 2023
	£	£
Cash flows from operating activities Cash flows from operating activities
Netexpenditure Net expenditure	(19,222) (19,222)	(93,118) (93,118)
Adjustments for: Adjustments for:
Interest payable and similarcharges Accrued expenses Interest payable and similarcharges Accrued expenses	759 900 759 900	5,290 5,290 -
Cash generated from operations Cash generated from operations	(17,563) (17,563)	(87,828) (87,828)
Interest paid Interest paid	(759) (759)	(5,290) (5,290)
Netcash used in operating activities Netcash used in operating activities	(18,322) (18,322)	(93,1 1 8) (93,118)
Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year Netdecrease in cash and cash equivalents Cash and cash equivalents at beginning of year	(18,322) 45,239 (18,322) 45,239	(93,118) 138,357 (93,118) 138,357
Cash and cash equivalents at end of year Cashandcashequivalentsatendofyear	26,917 26,917	45,239 45,239

The The notes notes on on pages pages 8 8 to to 12 12 form form part part of[of] these these financial financial statements. statements.

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Notes Notes to[to][the] the[Financial] Financial Statements Statements

Year Year ended ended 31[31] March March 2024 2024

1. 1. General General information information

The The charity charity is[is] a a public public[benefit] benefit entity entity and and a a registered registered charity charity in in England England and and Wales Wales and and is is unincorporated. unincorporated. The The[address] address[of] of the[the] principal[principal] office office is is 38a 38a Kyverdale Kyverdale Road, Road, Basement, Basement, London, London,

N16 N16 7AH. 7AH. Statement Statement of[[of]] compliance compliance These These financial financial statements statements have have[been] been prepared prepared in in compliance compliance with with FRS FRS 102, 102, ‘The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and the the Republic Republic of of Ireland’, Ireland', the the Statement Statement of of Recommended Recommended Practice Practice applicable[applicable] to[to] charities charities preparing preparing their[their] accounts accounts in in accordance accordance with with the the

Financial Financial Reporting Reporting Standard Standard applicable applicable in[in] the the UK UK and and Republic Republic of[of] Ireland Ireland (FRS (FRS 102) 102) (Charities (Charities SORP SORP (FRS[(FRS] 102))[102))][and] and the[the] Charities Charities Act[Act] 2011.[2011.] Accounting Accounting policies[[policies]] Basis Basis of[[of]] preparation preparation

The The financial financial statements statements have have been[been] prepared prepared on on[the] the historical historical cost[cost] basis,[basis,] as as modified[modified] by by the the revaluation revaluation of[of] certain certain financial financial assets assets[and] and liabilities[liabilities] and[and] investment investment properties[properties] measured measured at[at] fair[fair] value value through[through] income income or or expenditure.[expenditure.] The The financial financial statements statements are are prepared prepared[in] in[sterling,] sterling, which which[is] is the[the] functional functional currency currency of[of] the[the] entity. entity.

1. 1. Statement Statement of[[of]] compliance compliance

3. 3. Accounting Accounting policies[[policies]] Basis Basis of[[of]] preparation preparation

Going Going concern concern

There There are are no no material[material] uncertainties uncertainties[about] about[the] the charity's[charity's][ability] ability to[to] continue.[continue,]

Judgements Judgements[and] and key[key] sources sources of[of][estimation] estimation uncertainty[uncertainty] The The preparation preparation of of the the financial financial statements statements requires requires management management to to make make judgements, judgements, estimates estimates and[and] assumptions[assumptions][that] that[affect] affect[the] the amounts amounts reported.[reported.] These These estimates estimates and[and] judgements judgements are are continually continually reviewed[reviewed][and] and are are based based on on experience experience and[and] other[other] factors, factors, including including expectations expectations of[of] future future events events that that are are believed[believed][to] to be be reasonable reasonable under under the the circumstances. circumstances. In In the the process process of of applying applying the the entity's entity's accounting accounting policies policies no no significant significant judgements judgements or or key[key] sources sources of[of] estimation estimation were were made made by[by] management management that[that][have] have any any significant significant effect[effect] on on the[the] amounts amounts recognised recognised in[in][the] the financial financial statements. statements.

Fund Fund accounting accounting Unrestricted Unrestricted funds funds are are available available for for use use at at the the discretion discretion of[of] the the trustees trustees to to further further any any of[of] the the charity's charity's purposes. purposes. Designated Designated funds funds are are unrestricted funds unrestricted funds earmarked earmarked by[by][the] the trustees trustees for[for] particular particular future[future] project[project] or or commitment. commitment.

Restricted Restricted funds funds are are subjected subjected to to restrictions restrictions on on their their expenditure expenditure declared declared by by the the donor donor or or through through the[the] terms terms of[of] an an appeal,[appeal,] and[and] fall[fall] into[into] one one of[of] two two sub-classes: sub-classes: restricted[restricted] income income funds funds or or endowment endowment funds.[funds.]

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Notes Notes[to] to the the[Financial] Financial Statements Statements[(continued)] (continuea)

Year Year ended ended[31] 31 March March 2024 2024

1. 1. Accounting Accounting policies[policies] (continued)[(continued)] Incoming Incoming resources resources

All All incoming incoming resources resources are are[included] included[in] in the the statement statement[of] of financial financial activities activities when when entitlement entitlement has has passed passed[to] to the[the][charity;] charity; it[it] is[is] probable probable[that] that[the] the economic economic benefits benefits associated associated with with the the transaction transaction will will flow flow to to the the charity charity and and the the amount amount can can be be reliably reliably measured. measured. The The following following specific specific policies policies are are applied applied to to particular particular categories categories of[of] income: income:

• e income income from[from] donations donations or or grants[grants] is[is] recognised recognised when[when] there[there] is[is] evidence evidence of[of] entitlement[entitlement] to[to] the[the] gift, gift, receipt receipt is is probable probable and and its its amount amount can can be be measured measured reliably. reliably.

• e legacy legacy income income is is recognised recognised when when receipt receipt is is probable probable and and entitlement entitlement is is established. established. e income income from[from] donated[donated] goods goods is[is] measured measured at at the the fair fair value value of of the the goods goods unless unless this this is is impractical impractical[to] to measure measure[reliably,] reliably, in[in] which[which] case case[the] the value value is[is] derived derived from[from] the[the] cost[cost] to[to] the[the] donor donor or or the[the] estimated estimated resale resale value. value. Donated facilities Donated facilities and[and][services] services are are recognised recognised in[in] the[the] accounts accounts when when received received if if the the value value can can be be reliably reliably measured. measured. No No amounts amounts are are included included for for the the contribution contribution of of general general volunteers. volunteers.

• ° income income from[from] contracts contracts for for the the supply supply of of services services is is recognised recognised with with the the delivery delivery of of the the contracted contracted service. service. This This is is classified classified as as unrestricted unrestricted funds funds unless[unless] there there is is a a contractual contractual requirement requirement for[for] it[it][to] to[be] be spent spent on on a a particular particular purpose purpose and[and] returned[returned] if[if] unspent,[unspent,] in in which which case case it it may may be be regarded regarded as as restricted. restricted.

• Resources Resources expended expended Expenditure Expenditure is[is] recognised recognised on on an an accruals[accruals][basis] basis as as a a liability[liability] is[is] incurred. incurred. Expenditure Expenditure includes includes any any VAT VAT which[which][cannot] cannot be[be] fully[fully] recovered, recovered, and[and] is is classified classified under under headings headings of of the the statement statement of of financial financial activities activities[to] to[which] which it[it] relates:[relates:] ° expenditure expenditure on on raising raising funds funds[includes] includes the[the] costs costs of of all all fundraising fundraising activities, activities, events, events, nonnoncharitable charitable[trading] trading activities,[activities,] and[and] the[the] sale[sale] of[of] donated[donated] goods. goods.

• ° expenditure expenditure on on charitable charitable activities activities[includes] includes[all] all costs[costs] incurred[incurred] by[by] a a charity charity in[in] undertaking undertaking activities activities that[that] further further[its] its charitable charitable aims[aims] for[for][the] the benefit[benefit] of of its its beneficiaries, beneficiaries, including including those those support support costs costs and[and] costs costs[relating] relating to[to][the] the governance governance of of the the charity charity apportioned apportioned to to charitable charitable activities. activities.

• ° other other expenditure expenditure includes includes all all expenditure expenditure that that is is neither neither related related to to raising raising funds funds for for the the charity charity nor nor[part] part of[of] its[its] expenditure expenditure on on charitable charitable activities.[activities.]

• All All costs costs are are allocated allocated[to] to expenditure expenditure categories categories reflecting reflecting the the use use of of the the resource. resource. Direct Direct costs costs attributable attributable to to a a single single activity activity are are allocated allocated[directly] directly to to that that activity. activity. Shared Shared costs costs are are apportioned apportioned between between[the] the activities activities[they] they contribute[contribute][to] to on on a a reasonable, reasonable, justifiable justifiable and[and] consistent[consistent] basis.[basis.] Financial Financial instruments instruments A A financial financial asset asset or or a a financial financial liability liability[is] is recognised recognised only only when when the the charity charity becomes becomes a a party party to[to] the the contractual contractual provisions provisions[of] of the the instrument. instrument.

Basic Basic financial financial instruments instruments are are[initially] initially recognised recognised[at] at the[the] amount amount receivable[receivable] or or payable payable including including any any related[related] transaction transaction costs. costs.

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Notes Notes[to] to the[the][Financial] Financial Statements Statements[(continued)] (continueg)

Year Year ended ended[31] 31 March March 2024 2024

1. 1. Accounting Accounting policies[policies][(continued)] (continued) Financial Financial instruments instruments[(continued)] (continued) Current Current assets assets and and current current liabilities liabilities are are subsequently subsequently measured measured at at the the cash cash or or other other consideration consideration expected expected to to be be paid paid or or received received and and not not discounted. discounted. Debt Debt instruments instruments are are subsequently subsequently measured measured[at] at amortised amortised cost.[cost.] Where Where investments investments in[in][shares] shares are are publicly publicly[traded] traded or or their[their] fair[fair] value value can can otherwise otherwise be[be] measured measured reliably, reliably, the the investment investment is is subsequently subsequently measured measured at at fair fair value value with with changes changes in in fair fair value value recognised recognised in[in] income income[and] and[expenditure.] expenditure.[All] All other[other] such[such] investments investments are are subsequently subsequently measured measured at[at] cost cost less less impairment. impairment. Other Other financial financial instruments, instruments, including including derivatives, derivatives, are are initially initially recognised recognised at at fair fair value, value, unless unless payment payment for[for] an an asset asset[is] is deferred deferred beyond beyond[normal] normal[business] business terms[terms] or[or] financed financed at[at] a[a] rate[rate] of[of] interest[interest] that that[is] is not not a a market market rate, rate, in[in] which which case case the the asset asset is[is] measured measured at[at] the the present present value value of[of] the the future future payments payments discounted discounted at[at][a] a[market] market[rate] rate of[of][interest] interest for[for][a] a similar similar debt[debt] instrument.[instrument.] Other Other financial financial instruments instruments are are subsequently subsequently measured measured at at fair fair value, value, with with any any changes changes recognised recognised in[in][the] the statement statement[of] of financial financial activities, activities, with[with] the[the] exception exception of[of] hedging[hedging] instruments instruments in[in] a a designated designated hedging[hedging][relationship.] relationship. Financial Financial assets assets that that are are measured measured at[at] cost cost or or amortised amortised cost cost are are reviewed reviewed for for objective objective evidence evidence of of impairment impairment at[at] the the end end of[of] each each reporting reporting date. date. If If there there is is objective objective evidence evidence of of impairment, impairment, an an impairment impairment[loss] loss is is recognised recognised under under the the appropriate appropriate heading heading in in the the statement statement of of financial financial activities activities in[in][which] which[the] the[initial] initial[gain] gain was was recognised. recognised. For For all all equity equity instruments instruments regardless regardless of of significance, significance, and and other other financial financial assets assets that[that] are are individually individually significant, significant, these these are are assessed assessed individually individually[for] for impairment. impairment. Other[Other] financial financial assets[assets] are are either either assessed assessed individually individually or or grouped[grouped] on on the[the] basis basis of[of] similar similar credit credit risk[risk] characteristics. characteristics. Any Any[reversals] reversals[of] of impairment impairment are are recognised recognised immediately, immediately, to[to] the[the] extent[extent] that[that] the[the] reversal reversal does does not not result result in in a a carrying carrying amount amount of of the the financial financial asset asset that that exceeds exceeds what what the the carrying carrying amount amount would would have have been[been][had] had[the] the impairment impairment[not] not[previously] previously[been] been recognised. recognised. 4. 4. Donations Donations and and legacies legacies Unrestricted Unrestricted Total Total Funds Funds Unrestricted Unrestricted Total Total Funds[Funds] Funds Funds 2024 2024 Funds Funds 2023 2023 £ £ £ £ Donations Donations Donations Donations receivable[receivable] 704,256 704,256 704,256 704,256 863,640 863,640 863,640 863,640
2. 1. Donations Donations and and legacies legacies

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Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Notes Notes[to] to the[the][Financial] Financial Statements Statements (continuea)[(continued)]

Year Year ended ended[31] 31 March March 2024 2024

1. 1. Expenditure Expenditure on on charitable charitable activities activities by by fund fund type type

	Unrestricted Unrestricted	Total Funds Total Funds	Unrestricted Unrestricted	Total Funds Total Funds
	Funds Funds	2024 2024	Funds Funds	2023 2023
	£	£	£	£
Educational grants Educational grants	371 ,883 371,883	371 ,883 371,883	586,000 586,000	586,000 586,000
Grants for the advancement of religion Grants for the advancement of religion	16,221 16,221	16,221 16,221	13,000 13,000	13,000 13,000
Grants for the poor and needy Grants for the poor and needy	330,377 330,377	330,377 330,377	347,870 347,870	347,870 347,870
Supportcosts Support costs	4,997 4,997	4,997 4,997	9,888 9,888	9,888 9,888
	723,478 723,478	723,478 723,478	956,758 956,758	956,758 956,758

6. 6.	Expenditure on charitable activities by activity type Expenditure on charitable activities by activity type
	Activities Activities
	undertaken directly Supportcosts undertaken directly Support	costs costs	Totalfunds 2024 Total funds 2024	Total fund 2023 Total fund 2023
	£	£	£	£
	Educational grants 371 ,883 Educational grants 371,883	-	371 ,883 371,883	586,000 586,000
	Grants for the advancement of religion 16,221 Grants for the advancement of religion 16,221	-	16,221 16,221	13,000 13,000
	Grants for the poor and needy 330,377 Grants for the poor and needy 330,377	-	330,377 330,377	347,870 347,870
	Governancecosts Governance costs ~	4,997 4,997	4,997 4,997	9,888 9,888
	718,481 718,481	4,997 4,997	723,478 723,478	956,758 956,758
7. 7.	Independent examination fees Independent examination fees
			2024 2024	2023 2023
			£	£
	Fees payable to the independent examiner for: Fees payable to the independent examiner for:
	Independentexamination of the financial statements Independentexaminationofthefinancialstatements		900 900	900 900

1. 1. Staff Staff costs costs

The The average average[head] head count count of[of] employees employees during[during][the] the year year was was 5[5] (2023:[(2023:] 5).[5).] The The average average number number of[of] full-time full-time equivalent equivalent employees employees during[during] the[the] year year is[is][analysed] analysed as as follows:[follows:]

	2024 2024	2024 2024	2023 2023
Trustees Trustees	No.	3 3	No. 3 No. 3
Volunteers Volunteers		2 2	2 2
		5 5	5 5

• No No employee employee received[received] employee employee benefits benefits of[of] more more than than £60,000 260,000 during[during] the the year year (2023:[(2023:] Nil). Nil).

• 1. 1. Trustee Trustee remuneration remuneration and and expenses expenses

No No remuneration remuneration or or other[other] benefits benefits from from employment employment with with the the charity charity or or a a related related entity entity were were

received received by by the the trustees. trustees.

No No trustees trustees expenses expenses have have been been incurred. incurred.

44

Vyoel Vyoel Moshe Moshe Charitable Charitable Trust Trust

Notes Notes to[to][the] the[Financial] Financial Statements Statements[(continued)] (continuea)

Year Year ended ended 31[31] March March 2024 2024

10. 10. Creditors: Creditors: amounts amounts falling falling due due within within one one year year

					2024 2024			2023 2023
					£			£
	Accruals and deferred income Accruals and deferred income				900 900			-
11. 11.	Analysis ofcharitable funds Analysis of charitable funds
	Unrestricted funds Unrestricted funds
								At At
			At At			31 31		March 202 March 202
		1 April 2023 1 April 2023		Income Income	Expenditure Expenditure			4 4
		£		£	£			£
	General funds General funds	45,239 45,239		704,256 704,256	(723,478) (723,478)			26,017 26,017
								At At
			At At				31 March 202 31 March 202
		1 April 2022 1 April 2022		Income Income	Expenditure Expenditure			3 3
		£		£	£			£
	General funds General funds	138,357 138,357		863,640 863,640	(956,758) (956,758)			45,239 45,239
12. 12.	Analysis of net assets between funds Analysis of net assets between funds
					Unrestricted Unrestricted		TotalFunds Total Funds
					Funds Funds			2024 2024
					£			£
	Current assets Current assets				26,917 26,917			26,917 26,917
	Creditors less than 1 year Creditors less than 1 year				(900) (900)			(900) (900)
	Net assets Net assets				26,017 26,017			26,017 26,017
					Unrestricted Unrestricted			Total Funds Total Funds
					Funds Funds			2023 2023
					£			£
	Current assets Current assets				45,239 45,239			45,239 45,239
	Creditors less than 1 year Creditors less than 1 year				-			-
	Net assets Net assets				45,239 45,239			45,239 45,239
13. 13.	Analysis of changes in net debt Analysis of changes in net debt
								At
				At I Apr 2023 At1 Apr2023	Cash flows Cashflows		31 Mar 2024 31 Mar2024
				£	£			£
	Cash at bank and in hand Cash at bank and in hand			45,239 45,239	(18,322) (18,322)			26,917 26,917
14. 14.	Related parties Related parties
	Mr S. Cik, a trustee of V.M.C.T. is also a Mr S. Cik, a trustee of V.M.C.T. is also a	trustee of trustee of	United Talmudical Associates United Talmudical		Talmudical Associates Ltd, Associates Ltd,			a UK based a UK based
	charity. charity.

12 12