KOLLEL YETEV LEV LTD |
Independent Examiner's Report to the Trustees |
for the year ended 30 June 2024 |
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I report on the financial statements of KOLLEL YETEV LEV LTD for the period ended 30 June 2022. |
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Respective Responsibilities of Governors and Examiner |
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider |
that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) |
and that an independent examination is needed. |
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It is my responsibility to: |
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examine the accounts under section 145 of the Charities Act, |
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to follow the procedures laid down in the general Directions given by the Charity Commission |
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(under section 145(5)(b) of the Charities Act, and |
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to state whether particular matters have come to my attention. |
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Basis of Independent Examiner's Report |
My examination was carried out in accordance with general Directions given by the Charity Commission. |
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 the trustees concerning any such matters. The procedures |
undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion |
is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters |
set out in the statement below. |
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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: |
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to keep accounting records in accordance with section 130 of the Charities Act; and |
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to prepare accounts which accord with the accounting records and comply with the accounting |
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requirements of the Charities Act |
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have not been met; or |
2. |
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the |
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accounts to be reached. |
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3 April 2025 |
David Pollak |
Whiteside and Davies |
158 Cromwell Road |
Salford M6 6DE |
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KOLLEL YETEV LEV LTD |
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Report to the directors on the preparation of the unaudited statutory accounts of KOLLEL YETEV LEV LTD for the year ended 30 June 2024 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of KOLLEL YETEV LEV LTD for the year ended 30 June 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
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Whiteside and Davies |
Chartered Certified Accountants |
158 Cromwell Road |
Salford |
M6 6DE |
|
3 April 2025 |
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KOLLEL YETEV LEV LTD |
Registered number: |
12689791 |
Balance Sheet |
as at 30 June 2024 |
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Notes |
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2024 |
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2023 |
£ |
£ |
Current assets |
Debtors |
3 |
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27,980 |
|
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9,500 |
Cash at bank and in hand |
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29,998 |
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62,550 |
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57,978 |
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72,050 |
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Creditors: amounts falling due within one year |
4 |
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(20,707) |
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(18,207) |
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Net current assets |
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37,271 |
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53,843 |
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Net assets |
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37,271 |
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53,843 |
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Capital and reserves |
Income and expenditure account |
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37,271 |
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53,843 |
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Shareholders' funds |
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37,271 |
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53,843 |
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The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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Moishe CIK |
Director |
Approved by the board on 3 April 2025 |
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KOLLEL YETEV LEV LTD |
Notes to the Accounts |
for the year ended 30 June 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Provisions |
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Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
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Pensions |
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Contributions to defined contribution plans are expensed in the period to which they relate. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
3 |
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3 |
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3 |
Debtors |
2024 |
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2023 |
£ |
£ |
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Other debtors |
27,980 |
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9,500 |
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4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
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Other creditors |
20,707 |
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18,207 |
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5 |
Other information |
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KOLLEL YETEV LEV LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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158 Cromwell Road |
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Salford |
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M6 6DE |