Difference between revisions of "Chassidei Belz (Manchester) Synagogue Account"

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Chassidei Belz Manchester is a charity (Charity number: 326480) linked to the [[Belz (Hasidic dynasty)|Belz]] movement.
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#redirect[[Chassidei Belz Manchester]]
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==People==
 
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===Trustees===
 
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*[[Jehuda Waldman]] Trustee, appointed 31 May 2022. Also a trustee of [[The Bersam Trust]]
 
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*[[Nachman Voigel]] Trustee, appointed 31 May 2022.  Also a trustee of [[A and N Trust Fund]]
 
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*[[Benjamin Leitner]] Trustee.  Also a trustee of [[Broom Foundation]], [[Ohr Torah Ltd]], [[Malbin Trust]]
 
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===Grants to Individuals===
 
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*2021 £110,594<ref name="acc2021">Chassidei Belz (Manchester) Synagogue Account [https://web.archive.org/web/20230106093209/https://register-of-charities.charitycommission.gov.uk/charity-search?p_p_id=uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet&p_p_lifecycle=2&p_p_state=maximized&p_p_mode=view&p_p_resource_id=%2Faccounts-resource&p_p_cacheability=cacheLevelPage&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_objectiveId=A11561075&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_priv_r_p_mvcRenderCommandName=%2Faccounts-and-annual-returns&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_priv_r_p_organisationNumber=326480 Unaudited Financial Statements 5 April 2021] </ref>
 
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===Grants to Institutions===
 
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*[[Belz Communities]] 30,348
 
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*[[TTT]] 8,150
 
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*Further Grants 17,205
 
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*Total Grants to Institutions 55,703
 
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*Total Grants 166,297<ref name="acc2021"/>
 
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===Contingencies===
 
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The charity has entered into a joint and several loan agreement together with another charity, [[Ohr Torah Ltd]]. The loan was from The Unity Trust bank for an amount of £850,000 and is secured on the assets of [[Chassidei Belz (Manchester)]]. The purpose of the loan was to fund the the purchase of a school building. Ohr Torah holds title to the school building. The likely financial impact on Chassidei Belz (Manchester) is deemed to be minimal as the trustees are confident that Ohr Torah will continue to generate sufficient income to cover the loan repayments. Furthermore, Unity Trust Bank has secured the loan with a debenture on all [[Ohr Torah Ltd]]'s assets.<ref name="acc2021"/>
 
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===Related parties===
 
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During the year aggregate donations totalling £42,033 were received by the charity from trustees and related parties. Included in other debtors are amounts due from the following charities whose trustees are also trustees of this charity or closely related to trustees of this charity;
 
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:::::::2021 2020
 
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*[[Belz Communities]] 12,000 18,570
 
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*[[Bais Malka Ltd]] 18,000 20,500
 
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The above loans are interest free and repayable on demand.<ref name="acc2021"/>
 
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==Notes==
 
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<references/>
 

Latest revision as of 12:42, 17 November 2023

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