Charity registration number 1006839 Company registratlon number 02595407 (England and Wales) ZEDOKOH BECHOL EIS LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
ZEDOKOH BECHOL EIS LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees J Benedikt H Benedikt Charity number 1006839 Company number 02595407 Independent examiner CHS Accountants Limited Lower Ground Floor. 13 High Road London N15 6LT
ZEDOKOH BECHOL EIS LIMITED CONTENTS Page Trustees, report Statement of trustees. responsibilities Independent examinerfs report Statement of financial activities Balance sheet Notes lo the financial statements 7-13
ZEDOKOH BECHOL EIS LIMITED TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The truslees, who are also directors of the company for the purpose of company law, present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordan with the accounting policies set out in note 1 lo the financial stalements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}" leffeclive 1 January 2019). Objectives and activilies The objects of the charity are.. the relief of poverty. the advancement of the Jewish faith by supporting religious and educational inslitutions both nationally and overseas, supporting scholars of the Jewish faith by relief of poverty. Public benefit The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charily should undertake. Achievements and perforniance Significant activities and achievements against objectives During the year the charity continued its ordinary activities. Donations received aggregated £44,804 {2024: 122,520} and the grants made totalled £63,369 (2024= £109,884). Financial review The charity continued to receive income from investments similar to previous year. The trustees were satisfied with the results. The financial results for the year to 31 March 2025 are fully reflected in the attached Accounts and the notes thereon. Reserves policy The trustees do not seek to maintain reseNes, other than to ensure that Ihey can continue the activities of Ihe charity. As at 31 March 2025 the level of reserves was £282,648 {2024.' £289,958). Structure. governance and management The charity is a company limited by guarantee and is govemed by its Memorandum and Articles of Association dated 26 March 1991. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. J Benedikt H Benedikt Recruitment and appointment of trustees The power to appoint new trustees is vested in the board. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future. the trustees will apply suitable recruitment induclion and training procedures. None of the trustees has any beneficial interest in the company. Al of the trustees are members of the company and guarantee to contribule £1 in the event of a winding up.
ZEDOKOH BECHOL EIS LIMITED TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was approved by the Board of Trustees. H Benedikt Trustee 20 November 2025
ZEDOKOH BECHOL EIS LIMITED STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The truslees, who are also the d1CtOrS of Zedokoh Bechol Eis Limited for the purpose of company law, are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which give a Irue and fair view of the slate of affairs of the charity and of the incoming reSoUrS and application of resources, including the income and expenditure. of the charitable company for that year. In preparing these financial statements. the trustees are required to= select suitable accounting policies and then apply them consistently- - observe the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other iegUlar1ties.
ZEDOKOH BECHOL EIS LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ZEDOKOH BECHOL EIS LIMITED I report to Ihe trustees on my examination of the financial statements of Zedokoh Bechol Eis Limited {the charily} for the year ended 31 March 2025. Responsibilities and basis of report As Ihe trustees of the charity land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act}. Having satisfied myself that the financial statements of the charity are nol required to be audited under Part 16 of the 2006 Act and are eligible for independenl examination. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b} of the 2011 Act. Independent examinerfs statement I have completed my examination. I confim that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect- accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records- or the financial ststements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or the financial slatements have not been prepared in accordan wilh the melh(yJs and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing Iheir accounts in accordance with the Financial Ret)orting Stsndard applicable in the UK and Republic of Ireland IFRS 102}. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of Ihe financial statements lo be reached. Pini Shebson ACA CHS Accountants Limited Lower Ground Floor, 13 High Road London N15 6LT Dated.. 20 November 2025
ZEDOKOH BECHOL EIS LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Unrestricted funds 2024 Notes Income from: Donations and legacies Inveslments 44.804 20.331 122,520 20,709 Total income 65.135 143,229 Expendilure on: Charitable activities Other expenditure 71,923 522 121,145 766 11 Total expenditure 72.445 121,911 Net incomel{expenditure) and movement in funds (7.310) 21.318 Reconciliation of funds: Fund balances at 1 April 2024 289,958 268,640 Fund balances at 31 March 2025 282,648 289,958 The stalement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
ZEDOKOH BECHOL EIS LIMITED BALANCE SHEET ASAT 31 MARCH 2025 2025 2024 Notes Fixed assels Investment property 13 121,346 118,909 Current assets Debtors Cash at bank and in hand 14 182,292 166,348 34,987 182.292 201,335 Creditors: amounts falling due within one year 16 (17.011) (15,2921 Net current assets 165,281 186,043 Total assets less current liabilities 286,627 304,952 Creditors: amounts falling due after more than one year 17 13,979) 114,994) Net assets 282,648 289,958 The funds of the charity Unrestricted funds 18 282,648 289,958 282,648 289,958 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 wilh respecl to accounling records and Ihe preparation of financial statemenls. The members have not required the company lo obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 20 November 2025 H Benedikt Trustee Company registration number 02595407 (England and Wales)
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity infomiation Zedokoh Bechol Eis Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 38 Chardmore Road, N16 6JD. 1.1 Accountlng convention The financial statements have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 -The Financial Reporting Siandard applicable in the UK and Republic of Ireland" I'FRS 102-) and the Charities SORP "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 1021" leffeclive 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities nol to prepare a Statement of Cash Flows. The financial statements are prepared in sterling. which is the functional currency of the charity. Monetary amounts in Ihese financial statemenls are rounded to the nearest £. The financial statements have been prepared under the hislorical cost convention, Imodified to include the revaluation of freehold properties and to indude investment properties and rtain financial instruments al fair valuel. The principal accounting policies adopted are set out below. 1.2 Going eoncern Al the time of approving the financial statements. the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statement5. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtheran of their charitable objectives. Restricted funds are subject to specific conditions by donors or granlor5 as to how they may be used. The purposes and uses of the restricted funds are set oul in the notes lo the financial statements. Endowmenl funds are subject to specific conditions by donors that the capital must be rnainlained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised On the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or olhetwise if the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset.
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure Expendilure is recognised On there is a legal or constructive obligation lo transfer economic benefit to a third paty, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attribulable lo a single activity are allocated direcuy to that activity. Shared costs which contribute to more than one activity and support costs which are nol attributable to a single activity are apportioned between those activilies on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Investment property Investment property, which is property held to eam rentals andlor for capilal appreciation, is initially recognised at cost, which includes the purchase cost and any directly attribulable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss. IProperty rented to a group entity is accounted for as tsngible fixed assets.] 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Flnan¢lal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instnjments. Financial instruments are recognised in the charity's balan sheet when the charity becomes party to the contractual provisions of the inslrumenl. Financial assets and liabililies are offset, with the net amounts presented in the financial statemenls, when there is a legally enforable right to set off the recogr)ised amounts and there is an intention to seltle on a net basis or to realise the asset and setue the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balans. are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective inlerest melhod unless the arrangement constilutes a financing transaction, where the transaclion is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Baslc flnanclal Ilabllitles Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, Whe the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligations lo pay for goods or ServIS that have been acquired in the ordinary course of operations from suppliers. Amounts payable are ciassified as current liabilities if payment is due within one year or less. If not, they are presenled as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.9 Employee benefits The cost of any unused holiday entillement is recognised in the period in which the employee's services are reived. Termination benefils are recognised immediately as an expense when the charity is demonstrably committed to temiinate the employment of an employee or to provide termination benefits. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and undedying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donatlons and legacles Unrestricted funds 2025 Unrestricted funds 2024 Donations and gifts 44.804 122,520 Income from investments Unrestricted Unrestricted funds funds 2025 2024 Syndicate income Interest receivable 11,804 8,527 12,781 7.928 20,331 20,709
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Total Funds Total Funds 2025 2024 Direct costs Charitable activities 5,309 6,396 Grant funding of activities (see note 61 63,369 109,884 Share of support and governance costs (see note 7) Support Govemance 1,387 1,858 3.028 1,837 71,923 121,145 Analysis by fund Unrestricted funds 71,923 121.145 Grants payable Unrestricted Funds 2025 Grants to institutions.. Tchabe Kollel Limited Bait Limud Vchesed Mifal Tzedoko Vchesed Limited SOWS Charity Chasdei Aharon Limited Reb Shayale's Tzeduke Start Upright Other 8,150 6,900 5,700 5,500 5,100 4.000 3,530 24,489 63,369 Support costs allocated to activities 2025 2024 Bank charges Other office costs Trustee travel costs Governance costs 936 439 12 1.858 933 818 1,277 1.837 3.245 4.865 Analysed between: Charitable activities 3,245 4,865 10-
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activities (Continued) 2025 2024 Govemance costs comprise: Independent examinerfees Legal and professional fees 1,680 178 1,680 157 1,858 1,837 Net movement in funds 2025 2024 The net movement in funds is stated after chargingl(crediting)- Fees payable for the independent examination of the charivs financial statements 1.680 1.680 Trustees None of the trustees (or any persons connected with them) reiVed any remuneration from the charity during the year. 10 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Total There were no employees whose annual remuneration was MO than £60,000. 11 other expendlture Unrestrl¢ted Unrestrlcted funds funds 2025 2024 Financing costs 522 766 12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 11
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Investment property 2025 Fair value Al 1 April 2024 Additions Disposals 118,909 11,804 (9,367) Al 31 March 2025 121,346 The investment propety is held at fair value as per the Directorfs valuation. 14 Debtors 2025 2024 Amounts falling due within one year. Oiher debtors 182,292 166,348 During the year a loan was made to a connected paty and a company whose director is a connected paty. These loans are secured against property, cary a commercial rate of interest and are repayable on demand. 15 Loans and overdrafts 2025 2024 Bank overdrafts Bank loans 39 14,627 25,642 14,666 25,642 Payable within one year Payable after one year 10,687 3,979 10,648 14,994 This represents a Boun Back Loan with Natwest Bank. 16 Creditors: amounts falling due within one year 2025 2024 Notes Bank loans and overdrafts Other creditors Accruals and deferred income 15 10,687 10,648 684 3,960 5,640 17,011 15,292 12-
ZEDOKOH BECHOL EIS LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Creditors: amounts falling due after more than one year 2025 2024 Notes Bank loans 15 3,979 14,994 18 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unreslricled funds by the truslees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 289,958 65,135 (72,4451 282,648 Previous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 268,640 143,229 (121,9111 289,958 19 Related party transactions Other than any transactions mentioned above. there were no related party transactions requiring disdosure. 13-