Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Report and Financial statements Year Ended 31 December 2025 Charity No. : 1065637
Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Report and Financial statements for the year ended 31 December 2025
Contents:
Page:
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2 Reference and administrative information
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3-4 Report of the trustees
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5 Independent examiner’s report
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6 Statement of financial activities
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7 Balance sheet
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8-11 Notes forming part of the financial statements
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Reference and administrative information
Trustees
Mr M J Dembovsky Mrs C L Dembovsky
Principal Office
20 Broadfields Avenue, Edgware HA8 8PG
Independent Examiner
Geoffrey Hollander, Cameron Baum Hollander, Suite A, 1-3 Canfield Place, London NW6 3BT
Registered Charity Number
1065637
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Report of the trustees for the year ended 31 December 2025
The trustees present their report along with the financial statements of the charity for the year ended 31 December 2025. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the charity’s trust deed, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (second edition) and Financial Reporting Standard applicable in the UK and Republic of Ireland (SORP(FRS 102)).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Highfield Charitable Trust is constituted under a trust deed dated 21 November 1995. It is a registered charity no. 1065637.
The trustees who have served during the year and since the year end are set out on page 2. Where there is a requirement for new trustees, these would be identified and appointed by the trustees.
OBJECTIVES AND ACTIVITIES
The objects of the charity are the relief of poverty and sickness and the advancement of Jewish education and the Jewish religion.
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 pleased with results of the year. There was a substantial increase in income and the trustees made grants towards social welfare in the community.
FINANCIAL REVIEW Reserves policy
The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. At the year end, the charity held reserves of £19,701 (2024: £2,924 deficit).
FUTURE PLANS
The charity plans to continue its activities for the foreseeable future subject to satisfactory income.
REFERENCE AND ADMINISTRATIVE INFORMATION
The information is set out on page 2 of these financial statements and forms part of this report.
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Report of the Trustees for the year ended 31 December 2025
TRUSTEES' RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees are responsible for preparing the report of the trustees and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiners
A resolution to reappoint Geoffrey Hollander of Cameron Baum Hollander as Independent Examiner will be proposed at the annual meeting of the trustees.
Approved by trustees and signed on their behalf by:
M J Dembovsky
1 May 2026 Date:____
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Independent examiner’s report to the trustees of Highfield Charitable Trust
I report to the trustees on my examination of the financial statements of the Highfield Charitable Trust (the Trust) for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the financial statements do not accord with those records; or
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the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
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 the financial statements to be reached.
Geoffrey Hollander FCA Cameron Baum Hollander Limited Chartered Accountants Suite A 1-3 Canfield Place London NW6 3BT
Date: 1 May 2026
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
Statement of financial activities (SoFA) For the year ended 31 December 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Expenditure on Charitable activities Grant making 2 Support cost 3 Total expenditure Net expenditure Net movement in funds Total (deficit)/funds brought forward TOTAL (DEFICIT)/FUNDS CARRIED FORWARD |
£ £ £ £ 171,078 231,709 171,078 231,709 145,453 227,703 3,000 4,441 (148,453) (232,144) 22,625 (435) 22,625 (435) (2,924) (2,489) 19,701 (2,924) 2025 2024 |
|---|---|
All amounts relate to unrestricted funds, and continuing activities. The notes on pages 8 to 11 form part of these financial statements.
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
BALANCE SHEET As at 31 December 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Current assets | |||
| Cash at bank and in hand | 22,701 | 76 | |
| 22,701 | 76 | ||
| Current liabilities | |||
| Creditors: | |||
| Amounts falling due within one year | 5 | (3,000) | (3,000) |
| Total net liabilities | 19,701 | (2,924) | |
| Unrestricted Funds (Deficit) | 19,701 | (2,924) |
1 May 2026 Approved by the trustees on ……………….. and signed on their behalf by:-
M J Dembovsky
The notes on pages 8 to 11 form part of these financial statements.
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1 Principal accounting policies
a) Basis of preparing the financial statements
The financial statements of the charity, 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 financial statements 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 Charities Act 2022 and 2011. The financial statements have been prepared under the historical cost convention.
b) Recognition of 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.
c) Grants and donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP).
d) Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
e) Resources expended
Expenditure is included on an accruals basis.
Costs of generating funds comprise those costs directly attributable to managing the investment portfolio and raising investment income.
Grants payable are charged in the year when the grant is awarded by the trustees.
The charity's donations all meet the public benefit criteria set out by the Charity Commission for England and Wales.
Support costs comprises costs of the general running of the Charity as opposed to those costs associated with generating funds or charitable activity.
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1 Principal accounting policies (continued)
f) Creditors
The charity has creditors which are measured at settlement amounts less any discounts.
g) Provisions for liabilities
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
2 Analysis of grants
| 3 Governance costs Shaarei Orah Ltd Bikur Cholim and Gemiluth Chesed Trust WST Charity Limited The Common Good Foundation Prestwich Ahavas Chesed Other donations < £10,000 Independent examiners fee |
2025 2024 £ £ 41,820 52,000 39,000 30,000 10,902 - - 31,250 - 10,000 53,731 104,453 145,453 227,703 |
|---|---|
| 2025 2024 £ £ 3,000 4,441 3,000 4,441 |
4 Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
5 Creditors: Amounts falling due within one year
| Accruals | 2025 2024 £ £ 3,000 3,000 3,000 3,000 |
|---|---|
6 Movement in funds
| Movement in funds | |
|---|---|
| Unrestricted funds (Deficit) General fund TOTAL FUNDS (DEFICIT) |
Net At Movement At 1.1.25 in funds 31.12.25 £ £ £ (2,924) 22,625 19,701 |
| (2,924) 22,625 19,701 |
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Net movement in funds, included in the above are as follows:
| Unrestricted funds (Deficit) General fund TOTAL FUNDS (DEFICIT) |
Incoming Resources Movement resources expended in funds £ £ £ 171,078 (148,453) 22,625 |
|---|---|
| 171,078 (148,453) 22,625 |
|
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Docusign Envelope ID: 1AF77BE6-1254-89AD-8332-DADC8F1129F5
HIGHFIELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
6 Movement in funds (continued)
Comparatives for movement in funds:
| Comparatives for movement in funds: | |
|---|---|
| Unrestricted funds (Deficit) General fund TOTAL FUNDS (DEFICIT) |
Net At Movement At 1.1.24 in funds 31.12.24 £ £ £ (2,489) (435) (2,924) |
| (2,489) (435) (2,924) |
|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds (Deficit) General fund TOTAL FUNDS (DEFICIT) |
Incoming Resources Movement resources expended in funds £ £ £ 231,709 (232,144) (435) 231,709 (232,144) (435) |
|---|---|
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