REGISTERED CHARrrY NUMBER: 1077574 Pa￿ Kraus & Co Certified Accountants 44 Wawave Avenue London N15 6UB on inancial Statemen Report of the Trustees Slatement of Financial Activities Balan¢e Sheet Notes to the Financial StatenKnts 6 to 11 Detailed Sithment of Financial Activities 12 The tru8tee8 present their report with the financiEI ststements of the charity for the year ended 31 March 2024. The ttv8tee8 have adopted the provisions of Accounting and Reporting by Charities; Statement of Recommended Prnctice applicable to charities preparing their accounts in a¢¢ordance with the Financial ReportiDg stat￿rd applicable in the UK and R¢public of Ircland (FRS 102) (efftctive l January 2019). OWECTIVESAND AcfiviTIES Objectlves and almy The charititys objective and its principal activity rA)ntinue to be that of the promotion of ortbodox jewish faith and the relief ol poverty.. SlgDlficant actfvltle8 The charity received £329849 as its investhient income during the year. Publlc beneflt The trustees confirn their compliance with the duty to have due regard to the public benefit guidallce publisbed by the Charlty Commi$ion when reviewing the charl￿S aims and obj¢¢tives and in planning fvtslle activitie Grantmaklng Grnnts ar¢ made to ¢haritsble institutions and or8ani5ations which accord with objects of the Charity. FINANCIAL REVIEW Ftnanelal poslllon The trustees Consider that the wfornwice of th¢ clwity this year bAs been most satisfactory. Substantial fimds have been granted to institutions during the period from the incorn¢ received from th¢ investments. Reserves pollcy The chority does not maintain a reserve policy* a# reserves ore distribued when they become available. gt the t￿￿tee8 discretion. The present level of fimding is adequa* to support the continuation of its objects and the trustees co3id¢r the fllwivial position ol th¢ Charity to be satisfactory. FUTURE PLANS The truste¢$ plan to maximise the level of income received whilst continuing to make distributions in accordance with their grant D￿kIrt8 policy and to ensure that the appropriate level of reserves is rnaintaiDCd. STRUCTURE, GOVERNANCE AND MANAGEMEiYr Governlng do¢ument The charity is controlled by its 8ov¢min8 documen( a deed of tn￿ and Constitutes an unincorpora*d charity. The charity is controlled by its governing thycumenL a deed of trust and constitues an unincorpoTated chiity. Recrufitment and appolntment of new trustees The trnstees have no beneficial interestin the company as it 18 a company limited by guarantee and are chosen by agreement ol trustees at an annual meeting. The choice 1$ ba8ed on applicaat's business and conwnunity koowledge. New 1ntss are subject to tntstce fftduction training which includes ￿ understanding of the content of the governing documen¢ their legal obligation under Cbarlty AcLthe organisational structure of charity and the recent fu￿]¢181 perforn￿nCe of the charity. Trustees are encouraged to attend appropriate external training events which enhance their perforni8nce of their role. Rlsk management The trustees have a duty to identify and review the risks to wbich the Charity is ¢xpos¢d and to ensure appropriate controls are in plac¢ to provide reasonable assnwan¢e against fraud and effor. REFERENCE AND ADIW41STRATIVE DETAILS Registered Cbarity number 1077574 Page I Ended 31 March 2 Prlnclpal address 24 Ov¢rl¢a Road London E5 9BG TThstee$ S Luthir Mrs H Ludmir I Glausius Independent Examlner Paul Kraus FCCA Paul KTaus & Co Ccrtified Ac￿llntants 44 Wargrave Avenue London N156UB Approved by or examination I have follow￿ all applicable Directions given by Charity Comri￿ Section 145(5Xb) of the ACL Independent examin&$ statement Since your charity's gross income exceeded £250,1)(KJ your eXarnI￿ must be a member of a listed body. l confirni that l am qualifi¢d to und¢rtake th¢ ¢xaminthon because l am a member of the Association of Chartered Certified Accountanty which is one of the listed bodies. I have completed my ek2M]￿O￿ I confirm that no materid matters have come to my attention in connection with the accounting Tecords were not kept in r￿￿t of the Tnlst as required by secti￿ 130 of the ALK. or the accounts do not accord with records: or the a¢¢ounts do not comply with the applicable requI￿ents the forni and content of accounts set out in the awiti&S (Accounts and Rep￿) Regulatio￿ 2(M)8 other than any rcquiremffjt that the accounts give a true and fair view which is not a considatd as part of an indep￿dent eXaMi￿tIOn. I have no ¢oncenL8 aThl have L7)me across no othcr matt¢ts in with the examI￿On to whith attention should be drdwn in this rq)ort in order to enable a proper of th¢ aca)llnts to be Thche Paul Kraus FCCA Paul Kraus & Co Certified Acci)untants 44 Wargrave Avenue London N15 6UB 14 May 2024 GTO TRUST t f Financial Acti ' 31.3.24 31.3.23 Totsl funds Unr¢stricted INCOME AND ENDOWME￿ FROM Donations and legacies Investment inc