IRIS Accounts Production v23.3.1.45 Other Company accounts True false Pounds 1.4.22 31.3.23 31.3.23 FY FRS 102 Unaudited Large and medium-sized companies regime for accounts Full Charities SORP true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure008461512022-03-31008461512023-03-31008461512022-04-012023-03-31008461512021-03-31008461512021-04-012022-03-31008461512022-03-3100846151ns22:CharitableCompanyLimitedByGuarantee2022-04-012023-03-3100846151ns15:PoundSterling2022-04-012023-03-3100846151ns11:FRS1022022-04-012023-03-3100846151ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3100846151ns11:LargeMedium-sizedCompaniesRegimeForAccounts2022-04-012023-03-3100846151ns11:FullAccounts2022-04-012023-03-3100846151ns11:CharitiesSORP2022-04-012023-03-3100846151ns22:Trustee22022-04-012023-03-3100846151ns22:Trustee12022-04-012023-03-3100846151ns22:Trustee32022-04-012023-03-3100846151ns22:Trustee42022-04-012023-03-3100846151ns11:RegisteredOffice2022-04-012023-03-3100846151ns22:Activity92022-04-012023-03-3100846151ns22:Activity92021-04-012022-03-3100846151ns22:Activity102022-04-012023-03-3100846151ns22:Activity102021-04-012022-03-3100846151ns6:WithinOneYear2023-03-3100846151ns6:WithinOneYear2022-03-3100846151ns22:TotalUnrestrictedFunds2023-03-3100846151ns6:FurnitureFittingsToolsEquipment2022-04-012023-03-3100846151ns6:ComputerEquipment2022-04-012023-03-310084615132022-04-012023-03-3100846151ns6:OwnedAssets2022-04-012023-03-3100846151ns6:OwnedAssets2021-04-012022-03-3100846151ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-3100846151ns6:FurnitureFittings2022-03-3100846151ns6:ComputerEquipment2022-03-3100846151ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-04-012023-03-3100846151ns6:FurnitureFittings2022-04-012023-03-3100846151ns6:OwnedOrFreeholdAssetsns6:LandBuildings2023-03-3100846151ns6:FurnitureFittings2023-03-3100846151ns6:ComputerEquipment2023-03-3100846151ns6:OwnedOrFreeholdAssetsns6:LandBuildings2022-03-3100846151ns6:FurnitureFittings2022-03-3100846151ns6:ComputerEquipment2022-03-3100846151ns22:TotalUnrestrictedFunds2022-03-31
REGISTERED COMPANY NUMBER: 00846151 (England and Wales)
REGISTERED CHARITY NUMBER: 242649



















EMUNO EDUCATIONAL CENTRE LIMITED
(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

EMUNO EDUCATIONAL CENTRE LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Reference and Administrative Details 1

Report of the Trustees 2 to 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 11

EMUNO EDUCATIONAL CENTRE LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 MARCH 2023



TRUSTEES I Y Chersky
A Kahn
I Traube
S Hecht


COMPANY SECRETARY I Y Chersky


REGISTERED OFFICE First Floor
94 Stamford Hill
London
N16 6XS


REGISTERED COMPANY
NUMBER
00846151 (England and Wales)


REGISTERED CHARITY
NUMBER
242649


BANKERS Barclays Bank Plc
240 Whitechapel Road
London
E1 1BS

EMUNO EDUCATIONAL CENTRE LIMITED (REGISTERED NUMBER: 00846151)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 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 31 March 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).

Reference and administrative information
Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES
Objects for public benefit
The object of the charity is to advance and promote Hasidic Judaism in the UK and in Israel in accordance with the denomination known as the 'Gerrer Hasidim'. This includes providing facilities to worship and study in accordance with their philosophy, supporting Gerrer educational institutions, especially higher Talmudical colleges, and providing general welfare assistance. Grants are also made to other institutions and charities. The charity owns a property which is used and run by the Gur Synagogue.
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The trustees are satisfied with the results for the year.

FINANCIAL REVIEW
Reserves policy
It is the policy of the trustees to distribute funds as available and therefore no provision is made for future funding. Reserves at the year end were ££2,003,654 (2022 - £2,003,182) of which £1,386 (2022- £663) are free reserves.

FUTURE PLANS
The trustees are winding down the activities of the charity which are being taken over by another charity of the Gerrer Institutions.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as limited company and is governed by its Memorandum and Articles of Association dated 20th April 1965.

Organisational structure
The day to day affairs or the charity is administered by the trustees. The power to appoint new trustees is vested in the trustees. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity and its working. They are also encouraged to read the Charity Commission's various publications on trustees.

Risk management
The trustees have reviewed the major risks to which the charity is exposed and confirm that they have established systems to mitigate them.


EMUNO EDUCATIONAL CENTRE LIMITED (REGISTERED NUMBER: 00846151)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023

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 16 January 2024 and signed on its behalf by:





A Kahn - Trustee

EMUNO EDUCATIONAL CENTRE LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2023

2023 2022
Unrestricted Total
funds funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 6,240 6,420

EXPENDITURE ON
Raising funds 1,201 518

Charitable activities 2
Grantmaking 3,050 6,000
Support 1,517 1,567
Total 5,768 8,085

NET INCOME/(EXPENDITURE) 472 (1,665 )


RECONCILIATION OF FUNDS
Total funds brought forward 2,003,182 2,004,847

TOTAL FUNDS CARRIED FORWARD 2,003,654 2,003,182

EMUNO EDUCATIONAL CENTRE LIMITED (REGISTERED NUMBER: 00846151)

BALANCE SHEET
31 MARCH 2023

2023 2022
Total Total
funds funds
Notes £    £   
FIXED ASSETS
Tangible assets 8 2,002,268 2,002,519

CURRENT ASSETS
Cash at bank 2,286 1,623

CREDITORS
Amounts falling due within one year 9 (900 ) (960 )

NET CURRENT ASSETS 1,386 663

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,003,654

2,003,182

NET ASSETS 2,003,654 2,003,182
FUNDS 10
Unrestricted funds:
General fund 2,002,284 2,001,812
Subscribers funds 1,370 1,370
2,003,654 2,003,182
TOTAL FUNDS 2,003,654 2,003,182

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.


EMUNO EDUCATIONAL CENTRE LIMITED (REGISTERED NUMBER: 00846151)

BALANCE SHEET - continued
31 MARCH 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 16 January 2024 and were signed on its behalf by:





A Kahn - Trustee

EMUNO EDUCATIONAL CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 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.

Donations are included in full in the Statement of Financial Activities when received.

Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.

Costs of raising funds are those incurred in seeking voluntary contributions and include activities with a fundraising purpose.

Grants are only recognised in the accounts when paid.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fixtures and fittings - 10% on reducing balance
Office equipment - 25% on reducing balance

No depreciation is provided on freehold land and building used as a functional asset.

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

Going concern
There are no material uncertainties about the charity's ability to continue.


EMUNO EDUCATIONAL CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
3) note 4) Totals
£    £    £   
Grantmaking 3,050 - 3,050
Support - 1,517 1,517
3,050 1,517 4,567

3. GRANTS PAYABLE
2023 2022
£    £   
Grantmaking 3,050 6,000
The total grants paid to institutions during the year was as follows:
2023 2022
£    £   
Advancement of religion 3,050 -
Religious education - 6,000
3,050 6,000

The grant was made to Kupat Ezer Lenisuin Beth Yisroel.

4. SUPPORT COSTS
Governance
Other costs Totals
£    £    £   
Support 106 1,411 1,517

Support costs, included in the above, are as follows:

Governance costs
2023 2022
Total
Support activities
£    £   
Accountancy fees 900 960
General expenses 511 511
1,411 1,471


EMUNO EDUCATIONAL CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£    £   
Depreciation - owned assets 251 293

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.


7. AVERAGE NUMBER OF EMPLOYEES

The average number of staff in the year was Nil (2022 - Nil)

8. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Office
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 and 31 March 2023 2,000,000 52,771 1,939 2,054,710
DEPRECIATION
At 1 April 2022 - 50,252 1,939 52,191
Charge for year - 251 - 251
At 31 March 2023 - 50,503 1,939 52,442
NET BOOK VALUE
At 31 March 2023 2,000,000 2,268 - 2,002,268
At 31 March 2022 2,000,000 2,519 - 2,002,519


EMUNO EDUCATIONAL CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accruals and deferred income 900 960

10. MOVEMENT IN FUNDS
Net
movement At
At 1.4.22 in funds 31.3.23
£    £    £   
Unrestricted funds
General fund 2,001,812 472 2,002,284
Subscribers funds 1,370 - 1,370
2,003,182 472 2,003,654
TOTAL FUNDS 2,003,182 472 2,003,654

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 6,240 (5,768 ) 472

TOTAL FUNDS 6,240 (5,768 ) 472


Comparatives for movement in funds

Net
movement At
At 1.4.21 in funds 31.3.22
£    £    £   
Unrestricted funds
General fund 2,003,477 (1,665 ) 2,001,812
Subscribers funds 1,370 - 1,370
2,004,847 (1,665 ) 2,003,182
TOTAL FUNDS 2,004,847 (1,665 ) 2,003,182

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 6,420 (8,085 ) (1,665 )

TOTAL FUNDS 6,420 (8,085 ) (1,665 )

EMUNO EDUCATIONAL CENTRE LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2023.