CHARITY REGISTRATION NUMBER: 1079196
Jewish Education and Publishing Trust
Financial Statements
31 March 2026
G A HARRIS & CO LIMITED
Chartered accountants & statutory auditor
Brulimar House
Jubilee Road
Middleton
Manchester
England
M24 2LX

Jewish Education and Publishing Trust
Financial Statements
Year ended 31 March 2026
Page
Trustees, annual report
Independent auditor's report to the members
Statement of financial activities
Statement of financial position
10
Statement of cash flows
Notes to the financial statements
12

Jewish Education and Publishing Trust
Trustees, Annual Report
Year ended 31 March 2026
The trustees present their report and the financial statements of the charity for the year ended
31 March 2026.
Reference and admlnlstratlve detalls
Registered charity name
Jewish Education and Publishing Trust
Charlty reglstratlon number
1079196
Principal office
Suite 30
15a Market Street
Oakengates
Telford
TF2 6EL
The trustees
Simon Brand
Jacob Freifeld
Alexey Nizovskiy
Auditor
G A Harris & Co Limited
Chartered accounlanls & statutory auditor
Brulimar House
Jubilee Road
Middleton
Manchester
England
M24 2LX
Structure, governance and management
Jewish Education and Publishing Trust is an unincorporated charity constituted under a Deed of
Declaration ofTrust dated 9th January 2000 as amended on 16th October 2019. It is a registered charity
with a charity number being 1079196 and was registered as a charity on 31st January 2000.
Recruitment and appointment of new Iruslees is in line with the Trust Deed and with the consent of the
trustees. The criteria sel for the suitable candidate would be someone who is sensitive lo the needs and
demands of the organisation.
There is no chief executive officer. The day to day affairs are undertaken by Mr A Nyzovskiy on behalf
of the Iruslees. All major decisions are taken collectively by the trustees and all the Iruslees give their
time freely. The trustees are unpaid and details of any related party transactions are disclosed as
applicable in the notes lo the accounts.

Jewish Education and Publishing Trust
Trustees, Annual Report (contlnued)
Year ended 31 March 2026
Objectives and activities
The objectives of the charity are the relief of poverty amongst persons in need and hardship in the
Jewish community,. the advancement of education according lo the beliefs and values of the orthodox
Jewish faith and the advancement of the Jewish orthodox religion for Russian-speaking Jewish
communities worldwide, particularly in Israel, Europe, North America and former Soviet Union countries.
During the seventy years of communist rule in the Soviet Union, all religions were effectively banned
and, as a result, most Soviet Jewry (numbering well over two million) have virtually no knowledge of
their heritage. To deal with this situation, a number of educational facilities were established in Moscow
funded by donations raised in Western Europe lo enable a number of students lo study Judaism.
Since the outbreak of the war be￿een Russia and Ukraine, we have ceased all of our operations in
Russia and now concentrate solely on furthering cultural and educational activities for Russian-speaking
Jewry worldwide. We support Russian-speaking Jewry worldwide through the provision of services lo
relieve poverty, the publication of Jewish educational material, and cultural activities within the
framework of the Shulchan Aruch. We have established Jewish cultural cenlres in Israel to assist
Ukrainian and Russian war refugees.
Granl-making and Public Benefit Policy
The Iruslees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit and In particular to its supplementsry public benefit guidance on
advancing education when reviewing the charity's aims and objectives and in planning future activities
and setting gr8nt-m8king policy for the year. The trustees consider they have met the public benefit test.
The charity has established its grant-m8king policy to achieve its objects for the public benefit. The
charity invites applications for funding through contacting local philanthropists to contribute towards
projects that both the trustees and the philanlhropisls feel are appropriate for the charity's objects.
The application of the funds by way of grants is to either institutions or individuals and is almost a￿ayS
to inslitulions.
The Iruslees Measure the success of achieving the staled aims by the number and value of grants paid
out against each of the charity's objects. The grants paid out in the year are detailed in the notes lo the
accounts and the trustees consider they have met their aims successfully this year.

Jewish Education and Publishing Trust
Trustees, Annual Report (contlnued)
Year ended 31 March 2026
Achievements and performance
The charity received £2,963,16212025." £2,420,321) in donations during the year.
The charity paid out £2,831,191 12025.. £2,536,3801 by way of grants and support costs. The grants
have been calegorised for ease of reference and a full list of grants is available upon a written request
to the trustees. The Iruslees consider this is in line with SORP IFRS 1021 paragraph 16.17 on the basis
that the categories convey more meaningful information to the reader of the accounts.
The charity continued to support Jewish educational inslitulions, cultural cenlres, publishing projects
and welfare initiatives serving Russian-speaking Jewish communities worldwide. Grants were awarded
to organisations undertaking educational, religious and poverty relief activities in accordance with the
charity's objectives.
Al 31 st March 2026, the charity held unrestricted reserves of £153,341 12025.. £21,370). The trustees
are actively seeking to increase reserves through future fundraising and are confident that the charity
will continue as a going concem, supported by strong donor relationships.
Financial revigw
The Iruslees were pleased with the level ofdonalions received during the year, which enabled the charity
to continue supporting a wide range of charitable projects. The charity generated a surplus for the year
of £131,971, increasing unrestricted reserves to £153,341 at the year end.
The Iruslees are delighted to have made many valLJable contributions lo the community as a result of
these grants and donations and hope to be able to do so for many years lo come.
Trustees. responsibilities Statement
The trustees are ￿sponSible for preparing the trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally
Accepted Accounting Praclicel.
The law applicable to charities in England and Wales requires the charity trustees to prepare financial
statements for each year which give a true and fair view of the stale of affairs of the charity and of the
incoming resources and application of resources, of the charity for that period.
In preparing these financial stalemenls, the trustees are required to..
select suitable accounting policies and then apply them consislentty",
observe the methods and principles in the applicable Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the fi'nancial stslemenls.,
prepare the financial ststemenls on the going concern basis unless il is inappropriate to presume
that the charity will continue in business.

Jewish Education and Publishing Trust
Trustees, Annual Report (contlnued)
Year ended 31 March 2026
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure th8t the financial statements comply with the Charities
Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust
Deed. They are also responsible for safeguarding the assets of the charity and hence for tsking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees, annual report was approved on 13 July 2026 and signed on behalf of the board of trustees
by..
Alexey Nizovskiy
Trustee

Jewish Education and Publishing Trust
Independent Auditor's Report to the Members of Jewish Education and
Publishing Trust
Year ended 31 March 2026
Oplnlon
We have audited the fi'nancial statements of Jewish Education and Publishing Trust (the 'charity'l for
the year ended 31 March 2026 which comprise the ststement of financial activities, statement of
financial position, ststemenl of cash flows and the related notes, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting
Practi￿1.
In our opinion the financial slalements..
give a true and fair view of the stste of the charity's affairs as at 31 March 2026 and of ils incoming
resources and application of resources, including its income and expenditure, for the year then
ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Aceounling
Practice",
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We condueled our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfi'lled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate lo provide a basis for our opinion.
Concluslons relatlng to golng concem
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identifi'ed any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubl on the charity's ability lo
continue as a going concern for a period of al least ￿e1ve months from when the financial statements
are authorised for issue.
Our responsibilities and the responsibilities of the Iruslees with respect to going concern are described
in the relevant sections of this report.

Jewish Education and Publishing Trust
Independent Auditor's Report to the Members of Jewish Education and
Publishing Trust (contlnued)
Year ended 31 March 2026
Other Infomiatlon
The other information comprises the infomialion included in the annual report, other than the financial
statements and our auditor's report thereon. The Iruslees are responsible for the other information. Our
opinion on the financial statements does not cover the other information and, except lo the extent
otherwise explicitly staled in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial stslemenls, our responsibility is lo read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If
we identify such material inconsistencies or apparent material misslalements, we are required lo
determine whether there is a material misslalement in the financial statements or a material
misstalemenl of the other information. If, based on the work we have performed, we conclude that there
is a material misstalemenl of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are roquired to report by exception
In the light of the knowledge and understanding of the charity and Its environment obtained in the course
of the audit, we have not identified material misstatements in the Iruslees, report.
We have nothing to report in respert of the following matters in relation to which the Charities (Accounts
and Reports) Regulations 2008 requires us to reFX)rt to you if, in our opinion..
the information given in the trustees, report is inconsistent in any material respect with the financial
stalemenls," or
. adequate accounting records have not been kept," or
* the financial statements are not in agreement with the accounting records and retums," or
we have not received all the information and explanations we require for our audit.
Responslbllltles of trustees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for
such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material misstalemenl, whether due lo fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability lo
continue as a going concern, disclosing, as applicable, matters related lo going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or lo cease
operations, or have no realistic alternative bul to do so.

Jewish Education and Publishing Trust
Independent Auditor's Report to the Members of Jewish Education and
Publishing Trust (contlnued)
Year ended 31 March 2026
Audltor's responslbllltles for the audlt of the flnanclal statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and lo issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS IUKI will always detect a material misstatement when il exists.
Misststemenls can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected lo influence the economic decisions of users taken on
the basis of these financial stalemenls.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
prO￿dureS in line with our responsibilities, outlined above, lo delecl material misstatements in respect
of irregularities, including fraud. The extent lo which our procedures are capable of delecling
irregularities, including fraud is detailed below..
We obtained an understanding of the legal and regulatory framework that the Jewish Education and
Publishing Trust operates in, and identified the key laws and regulations that had a direct effect on the
delerminalion of material amounts and disclosures In the financial stalemenls.
As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and maintain
professional scepticism throughout the aLJdil. We also..
Identify and assess the risks of material misstalemenl of the financial statements, whether due lo
fraud or error, design and perform audit prO￿dureS responsive to those risks, and obtain audit
eviden￿ that is sufficient and appropriate to provide a basis for our opinion. The risk of not
delecling a material misstalemenl resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of Internal control.
Obtain an understanding of internal control relevant lo the audit in order lo design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting
and, based on the audit evidence obtsined, whether a material uncertainly exists related lo events
or conditions that may cast significant doubt on the charity's ability lo continue as a going concem.
If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's
report to the related disclosures in the financial statements or, if such disclosures are inadequate,
lo modify our opinion. Our conclusions are based on the audit eviden￿ obtained up to the date of
our auditor's report. However, future events or conditions may cause the charity lo cease lo
continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentstion.

Jewish Education and Publishing Trust
Independent Auditor's Report to the Members of Jewish Education and
Publishing Trust (contlnued)
Year ended 31 March 2026
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely lo the charity's members, as a body, in accordance with section 144 of the
Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
undertaken so that we might slate to the charity's members those matters we are required to slate lo
them in an auditor's report and for no other purpose. To the fullest exlenl permitted by law, we do not
accept or assume responsibility lo anyone other than the charity and the charity's members as a body,
for our audit work, for this report, or for the opinions we have fomied.
G A Harris & Co Limited
Chartered accountsnts & slatulory auditor
Brulimar House
Jubilee Road
Middleton
Manchester
England
M24 2LX
13 July 2026





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Jewish Education and Publishing Trust
Notes to the Financial Statements
Year ended 31 March 2026
General information
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is SUITE 30, 15a Market Street, Oakengates,
Telford, TF2 6EL.
Statement of Compllance
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 lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP IFRS 10211 and the Charities Act 2011.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial stslements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation unceriainty
The preparation of the financial statements did not require management to make judgements,
estimates or assumptions that affect the amounts reported.
Fund accounting
Unreslricled funds are available for use at the discretion of the Iruslees to further any of the
charity's purposes.
Designated funds are unreslricled funds eamiarked by the trustees for particular future project or
commitment. We note there are no designated funds at this time.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of sub-classes.. restricted income funds or endowment
fvnds. We note there are no Restricted funds at this lime.
12

Jewish Education and Publishing Trust
Notes to the Financial Statements (conllnued)
Year ended 31 March 2026
Accounting policies (conllnuedj
Incomlng resourees
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., il 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 or grants is recognised when there is evidence of entillement to the
gift, receipt is probable and its amount can be measured relisbly.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical lo measure reliably, in which case the value is derived from the cost lo the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when reTrived if the value can be reliably measured. No amounts are Included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for il lo be spent on a particular purpose and returned if unspent, in which case
il may be regarded as reslricled.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
activities lo which it relale5'.
expenditure on raising funds includes the costs of all fundraising aclivilies, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating lo the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related lo raising funds for the charity
nor part of its expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that aclivily. Shared costs are apportioned
be￿een the activities they contribute lo on a reasonable, justifiable and consistent basis.
Foreign currency policy
Foreign currency transactions are initially recorded in the functional currency, by applying the spot
exchange rale as al the date of the Iransaclion. Monetary assets and liabilities denominated in
foreign currencies are translated al the exchange rate ruling at the reporting dale, with any gains
or losses being taken to the statement of financial activities.
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Jewish Education and Publishing Trust
Notes to the Financial Statements (conllnued)
Year ended 31 March 2026
13. Related parties
A company controlled by one of the trustees, Mr A. Nizovskiy, provided bookkeeping, accounting,
and administration services lo the charity during the year. These services were supplied on normal
commercial terms and at arm's length. The total amount charged during the year was £46,368
12025". £39,901) which is included within governance costs in the Statement of Financial Activities.
At 31st March 2026, the balance outstsnding lo this company was £nil12025.' £nill.
16