COMPANY REGISTRATION NUMBER: 3255762
CHARITY REGISTRATION NUMBER: 1059253
COMPANY LIMITED BY GUARANfEE
UNAUDITED Fll¥ANCIAL STATEMENrs
31 MARCH 2024
COHEN ARNOLD
Chartered Accountants
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU

FtNANCIAL STATEMENrs
YEARENDED 31 MARCH 2024
PAGE
Trustees, Annual Repjrt (IncorEx)rating the Directovs Rewrt)
Independent Examiner's Report to the Trustees
Statement of Financial Activities Oncluding Income and Expenditure
Account)
Statement of Financial Position
Notes to the Financial Staternents

REGENT CHARITIES LIMtTED
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIREcfoR'S REPORT)
YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name
Charity registration number
Company registration number 3255762
Principal office and registered Freshwater House
office
158 - 162 Shaftesbury Avenue
London
WC2H 8HR
Regent Charities Limited
1059253
THE TRUSTEES
Mr B S E Freshwater
Mr S l Freshwater
Mr D Davis
COMPANY SECRETARY
Mr J S Southgate
INDEPENDENT EXAMINER Cohen Arnold
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is constituted as a Company limited by guarantee, and is therefore governed by its
Memorandum and Articles of Association.
The Trustees administer the day-to-day affairs of the Charity. None of the Trustees have any
beneficial interest in the Charity.
It is not CU￿entlY the intention of the Trustees of the Charity to appoint new Trustees. Should the
situation change in the future, the Trustees will apply suitable recruitment training and induction
procedures.
OBJECTIVES AND ACTIVITIES
The Charity is established to further those purposes both in the United Kingdom and abroad
recognised as charitable by English Law, especially those in the f)eld of education and relief of
povety. The Charity r¢ceiv¢s income mainly from charitable receipts which it utilises in the provision
and distribution of grants and donations.
The Trustees confirm their compliance with the duty to have due regard to the Public Benefit guidance
published by the Charity Commission when reviewing the Charity's aims and objectives and in
planning future activities.
ACHIEVEMENTS AND PERFORMANCE
During the year, the Charity continued its philanthropic activities in sUPPOrt of educational institutions
serving the wider public in a manner which accords with the aims and objectives of the Charity.
Aggregate donations of £80,728 (2023: £156,110) were paid in the year to 31 March 2024.

REGENf C￿4RITIEs LIM]TED
COMPANY LIMITED BY GUARANfEE
TRUSTEES, ANNUAL REPORT UNCORPORATING THE DIREcfoR'S REPORT)
(Co￿1n￿ed)
YEAR ENDED 31 MARCH 2024
ACHIEVEMENTS AND PERFORMANCE
INVESTMENT POWERS & POLICY
Under the Memorandum and Articles of Association, the Charity has the power to make any
investment which the Trustees see fit. The trustees regularly review the Charity's position and needs in
respect of the investment policy.
The Charity at present does not seek to make further investments as all funds are required to be
available in order for Ihe Charity to continue its above described philanthropic activities.
FINANCIAL REVIEW
The financial results of the Charity's activities for the year ended 31 March 2024 are fully reflected in
the atla¢h¢d Financial Statements together with the Notes ther¢on.
Reserve policy
It is the policy of the Charity to maintain unrestricted funds, which include the free reserves of the
Charity, at a level which the Trustees think appropriate after considering the future commitments of
the Charity and the likely cosls of the Charity for the next year. The Trustees have not undertaken any
forn)al charitable commitments and consider that the Charity will generate sufficient income from
donations to fund its ongoing activities.
As al 31 March 2024 the Charity has total funds and free reserves as stated in its financial statements.
The Trustees are satisfied that further donations will be received enabling them to continue with their
charitable work into the future.
RISK MANAGEMENT
The Trustees have assessed the major risks to which the Charity is exposed, in particular those to the
operations and finances of the Charity, and are satisfied with the systems in place to mitigate its
exposure to those risks.
PLANS FOR FUTURE PERIODS
The Truslee5 plan to continue to make distributions in accordance with their grant making policy and
to ensure that an appropriate level of reserves is maintained.
SMALL COMPANY PROVISIONS
This report ha5 been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 2 .￿￿.￿.14. and signed on behalf of the board of
trustee5 by..
MrBSEFr
Trustee
sh

REGENt CHARrrIES LIMrfED
INDEPENDENf EXAIWNER'S REPORT TO THE TRusfELS OF REGENT
CHARITIES LIMtTED
YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of the financial statements of Regent Charities Limited ('the
charity,) for the year ended 31 March 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statetnents in accordance with the requirements of the
Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, E report in respect of my examination of
the charity's accounts as carried out und¢r section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 ACÉ.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirni that no matters have come to my attention in connection
with the examination giving me cause to believe:
accounling records were not kept in respecl of the charity as required by seclion 386 of the 2006
the financial statements do not accord with those records. or
the financial statements 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 fairf view which is not a
matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the methods and principles of
Ihe Statement of Recommended Practice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in thts report in order to enable a proper understanding of Ihe
accounts to be reached.
Mr Barry Leigh FCA
Independent Examiner
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU

COMPANY IMTED BY GUARA￿EE
(INCLUDING INCOME AYJ D EXPEIYDITURE ACCOUNr)
YEAR EIYDED 31 MARCH 2024
2024
Unrestricted
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
Tolal ineome
95,000
95,000
235,000
95,000
95,000
235,000
Expenditure
Expenditure on charitable activities
Total expendlture
(84,947)
(84,947)
(84,947) (159,852)
{84,947) (159,852)
Net gains on investments
10 5,000,000
5,000,000
Net Income and net movernent in funds
5,010,053
5,010,053
75,148
Reconclllatlon of funds
Total funds brought forward
Total funds Carried forivard
40,045.361 40,045J61 39,970,213
45,055,414 45,055,414 40,045,361
The statement of financial activities include5 all gains and losses recognised in the year.
All income and expenditure derive from continuing activitie5.
The note5 on pages 6 to 12 form part of these fin8nci81 $tatements.

REGENT c1L4RIT￿s LIMtTED
COMPANY LIMtTED BY GUAII4NfEE
STATEMENf OF FINANCIAL POSITION
31 MARCH 2024
2024
2023
Note
FIXED ASSETS
Investments
14
45,000,000
40,000,000
CURRENT ASSETS
Cash at bank and in hand
70,440
56,174
CREDITORS: amounts falling due
within one year
NET CURRENT ASSETS
15
(15,026)
(10,813)
55,414
45,361
TOTAL ASSETS LESS CURRENT
LIABILITIES
45,055,414
40,045,361
NET ASSETS
45,055,414
40,045,361
FUNDS OF THE CHARITY
Unrestricted funds
45,055,414
40,045,361
40,045,361
Total charity funds
16
45,055,414
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparatlon of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
Tliese financial statements were approved by the board of trustees and authorised for issue on
.D.￿E￿I. 2011 and are signed on behalf of the board by.,
Mr B S E Freshwater
Trustee
The note5 on paEes 6 to 12 form part of these financial $t¥lements.

REGENf CHARrrIES LIMITED
COMPANY LIMITED BY GUAll4￿E
NOTES TO THE FINANCIAL STATEMEIYTS
YEAR ENDED 31 MARCH 2024
GENERAL INFORMATION
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Freshwater House, 158 - 162 Shaftesbury Avenue, London, WC2H 8HR.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities
SORP (FRS 102)) and the Companies Act 2006.
ACCOUNTING POLICIES
Ba$1$ of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and invesiment properties measured at fair
value through income or expenditure.
The financial statement5 are prepared in sterling, which is the functional cU￿encY of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The valuation of the charity's unlisted investments is subjective, depending on many factor5,
including net asset values, assumed rationale of prospective share purchasers, and the deemed
impact of entity specific conditions on the aforementioned measures. Therefore, the valuation is
subject to a degree of uncertainty and is made on the basis of assumptions which may not prove
to be accurate, particularly in periods of difficult market or economic conditions.
Fund accounting
General unrestricted funds comprise the accumulated surplus or deficit on income and
expenditure account. They are available for use at the discretion of the Trustees in furtherance of
the general objectives of the Charity.
Incoming resources
All income is included in Ihe statement of financial activities when entitlement has passed to the
charity. it IS Probable that the economic benefits associated with the transaction will flow to the
charity and the amount can be reliably measured. The following specific policies are applied to
particular categories of income:
income from donations QT grants is recognised when there is evidence of entitlement to th¢ gift,
receipt is probable and its amount can be measured reliably.

REGENT CHARITIES LIlVItTED
COIVIPANY LIIWTED BY GUARANtEE
NOTES TO THE FINANCIAL STATEMENfs I￿￿11￿*19
YEAR EIWED 31 MARCH 2024
ACCOUNTING POLICIES fct)ffjIMed)
Resources expended
Expenditure is charged on an accrual basis and allocated to the appropriate headings in the
accounts.
The majority of costs are directly altributable to specific a¢tivitie5. Costs incurred in respect of
the charilable activities include attributable support costs where applicable.
Charilable donations
Grants and donations are only included in the SOFA when the charity has unconditional
entitlement to the resources. Donations represent voluntary amounts receivable during the year.
Support costs
Support costs are those costs which are common to all areas of the organisation.
Governanee costs
Governance costs are associated with the governance arrangements of the charity and relate to
the general running of the charity. These costs include audit, legal advice for Trustees and costs
associated with meeting constitutional and statutory requirements such as the cost of Trustee
meetings and the preparation of the statutory accounts.
Investments in associates
Investments in asSOCTates accounted for in accordance wilh the fair value model are initially
recorded at the transaction price. At each reporting date, the investment5 are measured at fair
value, with changes in fair value taken through income or expenditure. Where it is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without
regard to whether the distributions are from ac¢umulated profits of the associate arising before or
after the date of acquisition.
Impalrment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairnient lesling. when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date. allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.

REGENf CHARITIES LILMtTED
NOTES TO THE FINANCIAL STATEME￿ leondw4J
TAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES (Co￿¥￿￿ed)
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
ontractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Cu￿ent a55ets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
LIMITED BY GUARANTEE
The Charity is a Company Limited by Guarantee and has no share capital. The liability of each
Member in the event of winding up is limited to £1.
DONATIONS AND LEGACIES
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
DONATIONS
Donations received
95,000
95.000
235,000
235,000
During the year, the Charity received donations of £60,000 from The Raphael Freshwater
Memorial Association Limited and £35,000 from Mayfair Charities Limited.
EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
Unrestricted Total Fund8 Unrestricted Total Funds
Funds
2024
Funds
2023
Charitable donations
Support costs
80.728
4,219
84,947
80,728
4219
156,110
3,742
159,852
156,110
3,742
159,852
84,947
EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE
Grant
funding of
activities Support costs
Total funds
2024
Total fund
2023
Charitable donations
Governance costs
80,728
80,728
4,219
156,110
3,742
4.219
80,728
4,219
84,947
159,852

REGENT CHARITIES LIIVLtTED
COMPANY LIMtTED BY GUAII4NfEE
NOTES TO THE FINANCIAL STATEMENTS (coN(iMied)
TrTAR ENDED 31 MARCH 2024
ANALYSIS OF SUPPORT COSTS
Support costs Total 2024 Total 2023
Governance costs
4219
4219
3,742
ANALYSIS OF GRANTS
2024
2023
CRANTS TO INSTITUTIONS
Charitable donations
80,728
80,728
156,110
Total grants
156,110
All grants and donations were paid to charitable institutions for the pu)yoses of either the
advancernent of education or the alleviation of poverty.
The composition of donations is shown below.
WST Charity Ltd
Dernier Foundation
Slabodka Yeshiva Trust
Bobov Foundation
Kol Medaber
Beer Miriam
ZSV Trust
Canvey Kehilla Ltd
Yesamach Levav Trust
Yeshivas Lev Simcha Ltd
Shiras Devorah Ltd
Other donations less than £3,000
8,600
6,500
SJSO
5,250
5,000
5,000
5,000
3,600
3,368
3,250
3,000
26,810
Total
80,728
10. NET GAINS ON INVESTMENTS
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gainsl(losses) on other investment
assets
5,000,000
5,000,000
I I. INDEPENDENT EXAMINATION FEES
2024
2023
Fees payable to the independent examiner for:
Independent examination of the financial statements
3,900
3,600

REGENf CHARITIES LIMITED
NOTES TO THE FINANCIAL STATEMENfs (ct>#rffftwed)
YEAR EIYDED 31 MARCH 2024
12. EMPLOYEE NUMBERS
The average head count of employees during the year was nil (2023: nil).
No salaries or wages have been paid to employees during the year.
13. TRUSTEE REMUNERATION AND EXPENSES
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
No trustee expenses have been incurred.
14. INVESTMENTS
Other
investments
Fair value
At l April 2023
Additions
Fair value movements
40,000,000
5,000,000
45,000,000
At 31 March 2024
Impairment
At l April 2023 and 31 March 2024
Carrying amounl
Al 31 March 2024
45,000,000
At 31 March 2023
40,000,000
All investments shown above are held at valuation.
Other investments comprise a shareholding in an associate representing 50% of the ordinary
shares in Highdorn Co. Limited, The fair value of the investment is based on ihe net assets of the
company as per its latest available financial statements. Under the equity method, the value of the
500/0 shareholding would be £45 million.
The investtnent in associate does not expose the charity to any financial risk.
Highdorn Co. Limited is a company registered in England and Wales and prepares its Group
Financial Statements to 31 March. Its registered address is Freshwater House, 158-162
Shaftesbury Avenue, London, WC2H 8HR.
15. CREDITORS: amounts falling due within one year
2024
2023
Accruals and deferred income
Other creditors
3,900
11,126
15.026
3,600
7,213
10.813
io-

REGENf CHARITIES LIMrrED
COMPANY LIMITED BY GUARANfEE
NOTES TO THE FINANCIAL STATE1￿￿rs (￿All￿￿e41
YEAR EM)ED 31 MARCH 2024
15. CREDITORS: amounts falling due within one year (conNnlled)
Other creditors comprises £11,126 (2023: £7,213) due to Highdorn Co. Limited, a company with
directors in common with the charity. This amount is due on management current account. it is
interest free and effectively repayable on demand.
16. ANALYSIS OF CHARITABLE FUNDS
Unreslricted funds
At
l April 2023
Gains and At 31 March
losses
2024
Income Expendilure
General fijnds
40,045,361
95,000
(84,947) 5,000,000 45,055,414
At
l April 2022
Gains and At 31 March
losses
2023
Income Expenditure
General funds
39.970,213
235.000
(159,852)
40,045.361
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Creditors less than l year
Net assets
45,000,000 45,000.000
70,440
70,440
(15,026)
(15,026)
45,055,414 45,055,414
Unrestricted Total Funds
Funds
2023
Investments
Current assets
Creditors less than l year
Net assets
40,000,000 40,000,000
56,174
56,174
(10,813)
(10,813)
40,045,361 40,045,361
18. FINANCIAL INSTRUMENTS
The carrying amount for each category of financial instrument is as follows:
2024
2023
Financial assets measured at fair value through income and expenditure
Financial assets measured at fair value through income and
expenditure
45,000,000 40,000,000

19. RELATED PARTIES
There are no related parties other than those disclosed in the Notes to the Accounts.
12-