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REGISTERED COMPANY NUMBER: 07240920 (England and Wales)
REGISTERED CHARITY NUMBER: 1138582














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2023

FOR

UK FRIENDS OF MISHKAN HATALMUD OFAKIM

UK FRIENDS OF MISHKAN HATALMUD OFAKIM

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023










Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Statement of Financial Position 4 to 5

Notes to the Financial Statements 6 to 9

UK FRIENDS OF MISHKAN HATALMUD OFAKIM (REGISTERED NUMBER: 07240920)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH APRIL 2023



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th April 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's object and principal activity continues to be that of the , the advancement of Orthodox Jewish Religious Education. the relief of poverty, sickness and infirmity amongst members of the Jewish faith and such other charitable purposes as the Association may from time to time determine.

ACHIEVEMENT AND PERFORMANCE
The trustees are disappointed with the level of donations achieved during the year.

FINANCIAL REVIEW
The Statement of Financial Activities shows a deficit of £1,346 ( 2022 : Surplus of £275 ) for the year, the reserves stand at £420 as at 30th April 2023 (2022 £1,766.).

PUBLIC BENEFIT
The trustees have carefully considered the public benefit requirements and their duty to ensure that they are compliant with them. They feel that the activities as detailed below, more than adequately, satisfy the public benefit requirement.

The trustees continue to operate within the confines of the charity objectives namely in the respect of the advancement of Orthodox Jewish education, relief of poverty, distress and sickness in the Jewish Community of Israel.
The trustees provide grants to a variety of charitable educational establishments encompassing assistance with staffing and curriculum. The trustees have also identified institutions which as a result of the economic downturn are experiencing a reduction in their fee income and have provided assistance to them in this respect as well.

Where the trustees make grants to institutions, they stipulate how these monies should be spent and constantly monitor the effectiveness of the allocation of the resources extended through the grant funding.

The trustees are of the opinion that this latter method of funding combines both objectives of the charity such that through the grants to the institution, students who are partly able or unable to pay their fees, are also assisted.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07240920 (England and Wales)

Registered Charity number
1138582

Registered office
923 Finchley Road
London
NW11 7PE


UK FRIENDS OF MISHKAN HATALMUD OFAKIM (REGISTERED NUMBER: 07240920)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH APRIL 2023


Trustees
A Kahan
S Strom
Rabbi D Sheck

Company Secretary
A Kahan

PLANS FOR THE FUTURE
The need for our services is increasing and we plan to continue doing what we can to assist. However, the trustees realise that we must use the resources we have wisely and so we will continue to target those problems where we have expertise to make the most difference. We therefore intend to continue our approach of education and training with further projects to build on previous ones. We are confident that we shall receive more support from our supporters.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 16th April 2024 and signed on its behalf by:





Rabbi D Sheck - Trustee

UK FRIENDS OF MISHKAN HATALMUD OFAKIM

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30TH APRIL 2023

2023 2022
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 21,930 6,300

EXPENDITURE ON
Charitable activities
General 23,276 6,025

NET INCOME/(EXPENDITURE) (1,346 ) 275


RECONCILIATION OF FUNDS
Total funds brought forward 1,766 1,491

TOTAL FUNDS CARRIED FORWARD 420 1,766

UK FRIENDS OF MISHKAN HATALMUD OFAKIM (REGISTERED NUMBER: 07240920)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2023

2023 2022
Unrestricted Total
fund funds
Notes £    £   
CURRENT ASSETS
Debtors 6 5,300 -
Cash at bank 120 1,766
5,420 1,766

CREDITORS
Amounts falling due within one year 7 (5,000 ) -

NET CURRENT ASSETS 420 1,766

TOTAL ASSETS LESS CURRENT
LIABILITIES

420

1,766

NET ASSETS 420 1,766
FUNDS 8
Unrestricted funds 420 1,766
TOTAL FUNDS 420 1,766

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


UK FRIENDS OF MISHKAN HATALMUD OFAKIM (REGISTERED NUMBER: 07240920)

STATEMENT OF FINANCIAL POSITION - continued
30TH APRIL 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 16th April 2024 and were signed on its behalf by:





D Sheck - Trustee

UK FRIENDS OF MISHKAN HATALMUD OFAKIM

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. SUPPORT COSTS
Finance
£   
General 76

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th April 2023 nor for the year ended 30th April 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30th April 2023 nor for the year ended 30th April 2022.



UK FRIENDS OF MISHKAN HATALMUD OFAKIM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


4. STAFF COSTS

The average monthly number of employees during the year was as follows:

2023 2022

No employees received emoluments in excess of £60,000.

5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 6,300

EXPENDITURE ON
Charitable activities
General 6,025

NET INCOME 275


RECONCILIATION OF FUNDS
Total funds brought forward 1,491

TOTAL FUNDS CARRIED FORWARD 1,766

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 5,300 -


UK FRIENDS OF MISHKAN HATALMUD OFAKIM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 5,000 -

8. MOVEMENT IN FUNDS
Net
movement At
At 1.5.22 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 1,766 (1,346 ) 420

TOTAL FUNDS 1,766 (1,346 ) 420

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 21,930 (23,276 ) (1,346 )

TOTAL FUNDS 21,930 (23,276 ) (1,346 )


Comparatives for movement in funds

Net
movement At
At 1.5.21 in funds 30.4.22
£    £    £   
Unrestricted funds
General fund 1,491 275 1,766

TOTAL FUNDS 1,491 275 1,766

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 6,300 (6,025 ) 275

TOTAL FUNDS 6,300 (6,025 ) 275

UK FRIENDS OF MISHKAN HATALMUD OFAKIM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


8. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.5.21 in funds 30.4.23
£    £    £   
Unrestricted funds
General fund 1,491 (1,071 ) 420

TOTAL FUNDS 1,491 (1,071 ) 420

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 28,230 (29,301 ) (1,071 )

TOTAL FUNDS 28,230 (29,301 ) (1,071 )

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th April 2023.