Registered Charity No. 511045 # **RABBI MEIR & RAPHAEL PINTO TALMUDICAL CENTRE** ## **Financial Statements** **For the year ended 5 April 2023** **Annual Report For the year ended 5 April 2023** •Rabbi Meir & Raphael Pinto Talmudical Centre• Rabbi Meir & Raphael Pinto Talmudical Centre is constituted by Deed of Trust and is a registered charity, charity number 511045. Its address is at 2 New Hall Road Salford M7 4EL. The charity trustees during the year were: - Mrs J Melul - Mr Gilbert Beneio - Rabbi I Melul The objects of the charity are as follows: - 1) To further the religious Jewish education by the setting up of schools and boarding schools for educating either or both male and female qualified applicants from the United Kingdom and abroad; - 2) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their condition of life; - 3) To relieve financial hardship of young men training to be Rabbis and; - 4) To support such other general charitable purposes, which are recognised as charitable according to the charitable law of England and Wales. The administration of the trust is carried out by the trustees. For and on behalf of the Board of Trustees ________________Mrs J Melul Trustee 1 June 2023 ## **Independent examiners report for the trustees** 2 •Rabbi Meir & Raphael Pinto Talmudical Centre• ## **For the year ended 5 April 2023** I report on the accounts of the Trust for the year ended 5 April 2023 which are set out on pages 4 to 5. ## **Respective responsibilities of trustees and examiner** As the charity’s trustees you are responsible for the preparation of the accounts. You consider that the audit requirement of section 144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 do not express an audit opinion on the view given by the accounts. ## **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 - (I) to keep accounting records in accordance with section 130 of the Act; and - (ii) to prepare accounts which accord with the accounting records and to comply with the accounting requirement of the 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. Mr. Jonathan Lewis FCCA _Honorary reporting accountant_ 1 June 2023 3 •Rabbi Meir & Raphael Pinto Talmudical Centre• ## **Statement of Financial Activity For the year ended 5 April 2023** |||2023|2022| |---|---|---|---| ||Notes|£|£| |**_Incoming resources_**|||| |Donations||201,532|250,730| |Compensation income||300|---| |Investment income|2|56|2| |||-------------------|-------------------| |Total incoming resources||201,888|250,732| |||-------------------|-------------------| |**_Resources expenditure_**|||| |Education grants||191,688|164,627| |Support costs|3|43,515|45,949| |Governance costs|4|1,233|655| |||------------------|------------------| |Total expenditure||236,436|211,231| |||------------------|------------------| |Net (defcit)/surplus for the||(34,548)|39,501| |year|||| |Surplus/(defcit) B/F||19,266|(20,235)| |||------------------|------------------| |(Defcit)/surplus C/F||(15,282)|19,266| |||========|========| |||==|==| 4 •Rabbi Meir & Raphael Pinto Talmudical Centre• ## **Balance Sheet As at 5 April 2023** ||2023|2022| |---|---|---| ||£|£| |**Current assets**||| |Cash in bank and in hand|19,101|66,961| |**Long Term Liabilities**||| |Bounce Back Loan|(34,383)|(47,695)| ||-------------------|------------------| ||(15,282)|19,266| ||========|========| ||===|===| |**Funds**||| |Unrestricted|(15,282)|19,266| ||========|========| ||===|===| ________________ Date: Mrs J Melul Trustee ________________ Date: Mr G Beneio Trustee ________________ Date: Rabbi I Melul Trustee 5 •Rabbi Meir & Raphael Pinto Talmudical Centre• ## **Notes to the Financial Statements For the year ended 5 April 2023** ## **1. Accounting Policies** These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards and the charities statement of recommended practise on accounting by charities (Charities SORP FRS 102) and the Charities Act 2011). ## **2. Investment income** |**2.**|**Investment income**||| |---|---|---|---| |||2023|2022| |||£|£| ||Bank interest received|56|2| |||=========|=========| |||=|| |**3.**|**Support costs**||| |||2023|2022| |||£|£| ||Heat, light and water|5,153|3,277| ||Telephone and post|212|217| ||Cleaning and gardening|1,010|1,535| ||Insurance|2,644|2,445| ||Repairs and Maintenance|1,837|2,795| ||Travel|2,100|1,011| ||Marketing|---|4,325| ||Staf costs|29,440|29,040| ||Supplies|1,119|1,304| |||------------------|------------------| |||43,515|45,949| |||=========|=========| |||=|=| |**4.**|**Governance Costs**||| |||2023|2022| |||£|£| ||Bank charges and interest|1,233|655| |||=========|=========| |||=|=| ## **5. Trustees** No remuneration was paid and no expenses were reimbursed to the trustees during the year. 6