Charity registration number 1079928
KANTER JULES CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
KANTER JULES CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees S A Kanter J Kanter Charity number 1079928 Independent examiner Daniel Baum FCA Cameron Baum Hollander Ltd Suite A 1-3 Canfield Place London NW6 3BT Bankers Barclays Bank Plc 1 Churchill Place Canary Wharf London E14 5HP
KANTER JULES CHARITABLE TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Statement of trustees' responsibilities | 3 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 10 |
KANTER JULES CHARITABLE TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and “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 102)".
Objectives and activities
The aims of Kanter Jules Charitable Trust are:
The advancement of religion and in particular Jewish religion to promote religious instruction or edification of the public in all its aspects in any part of the world;
The relief of aged, impotent and impoverished persons of all ages in any part of the world;
The advancement of education and learning gifts for the establishment and / or support of schools of learning generally and the establishment and support of colleges and educational establishments in all parts of the world.
Public benefit
We have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned donations will contribute to the aims and objectives they have set.
Achievements and performance
The charity focused its efforts in accordance with its objects by donating sums for the relief of the poor and for educational charitable purposes and for lawful charitable institutions involved in learning and religious education and the maintenance of charitable institutions involved in the maintenance, welfare and education of underprivileged and disabled persons.
During the financial year it focused on providing food and support to victims of terror and the atrocities committed against certain specific communities in Southern Israel on 7 October 2023. The Trust sought to raise funds and subsequently granted donations through known individuals and organisations that were able to provide such support by way of food, shelter and sustenance.
Where possible donations necessary to fund the charity's objects were given under Gift Aid to the charity so that the charity does not rely on any endowment, permanent or otherwise, except by way of donations to its fund.
The charity does not pay any rent and does not have any administrative expenses (other than independent examination fees). nor does it have any other significant expenses and does not own any assets and its donations are paid out promptly after its income is received.
The charity carries on its business from 12 Queens Gardens, London, NW4 2TR for which no rental or other charges are made.
Financial review
Unrestricted funds are the funds freely available for use in the furtherance of the objectives of the charity. During the period the charity distributed £100,678 (2024 : £113,150) of unrestricted funds to a number of causes in accordance with the charity's objectives.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
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KANTER JULES CHARITABLE TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Risk management
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Plans for the future
During the early part of the year ended 31 March 2026, the trustees continued to provide funds to the victims of terror in Israel. As the year progressed and the demand for support reduced, they eventually stopped their external fund-raising but maintained their support of local UK charities. The trustees anticipate a lower level of activity during the next year.
Structure, governance and management
The charity was established by a charitable trust deed on 5 January 2000
The trustees who served during the year and up to the date of signature of the financial statements were: S A Kanter
J Kanter
New trustees are appointed and trained by the board of trustees.
The activities of the charity are advised and monitored by the board of trustees who meet regularly to set the strategic direction of the organisation and for establishing policy. They also ensure that the charity fulfils its objectives and complies with the requirements of the Charities Commission.
The day to day management of the charity is undertaken by Simon Kanter, who updates the other trustee on developments, issues and obtains agreement and instruction on the management of the charity.
The trustees' report was approved by the Board of Trustees.
Simon Kanter
Simon Kanter (Jan 29, 2026 09:20:48 GMT)
S A Kanter
Trustee Dated: 29 January 2026
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KANTER JULES CHARITABLE TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees 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).
The law applicable to charities in England and 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 year.
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 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 operation.
The trustees are responsible for keeping sufficient 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 Charities Act 2011, the Charity (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.
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KANTER JULES CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF KANTER JULES CHARITABLE TRUST
I report to the trustees on my examination of the financial statements of Kanter Jules Charitable Trust (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of 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 examiner's statement
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I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Daniel Baum
Daniel Baum (Jan 29, 2026 11:37:43 GMT)
Daniel Baum FCA
Cameron Baum Hollander Ltd Chartered Accountants Suite A 1-3 Canfield Place London NW6 3BT
Dated: 29 January 2026
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KANTER JULES CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 2 | 70,790 | 137,513 |
| Other income | 3 | 5,586 | 19,751 |
| Total income | 76,376 | 157,264 | |
| Charitable activities | 4 | 104,959 | 115,850 |
| Net income/(expenditure) and movement in funds | (28,583) | 41,414 | |
| Reconciliation of funds: | |||
| Fund balances at 1 April 2024 | 47,246 | 5,832 | |
| Fund balances at 31 March 2025 | 18,663 | 47,246 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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KANTER JULES CHARITABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Current assets Debtors 8 Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets The funds of the charity Unrestricted funds |
2025 £ 5,586 17,277 22,863 4,200 |
£ 18,663 18,663 18,663 |
2024 £ 19,748 31,398 51,146 3,900 |
£ 47,246 |
|---|---|---|---|---|
| 47,246 | ||||
| 47,246 |
The financial statements were approved by the trustees on 29 January 2026 Simon Kanter
Simon Kanter (Jan 29, 2026 09:20:48 GMT) S A Kanter
Trustee
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KANTER JULES CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Kanter Jules Charitable Trust is an unincorporated charity registered with the Charity Commission in England and Wales. The principal address is 12 Queens Gardens. London, NW4 2TR.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “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 102)”. 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 applying FRS 102 Update Bulletin 1 not 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 these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At 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 concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. All of the funds of the charity are unrestricted.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance 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 once 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.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities 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.
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KANTER JULES CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Charitable activities include donations made to individuals and organisations and include the direct costs, support costs and governance costs relating to this activity.
Direct expenditure on donations is recorded once the Trust has made an unconditional commitment to pay the donation and this is communicated to the beneficiary or when the donation has been paid, whichever is the earlier. The charity has not made any commitments of more than one year.
The charity has no support costs as the day to day management is undertaken on a free of charge basis.
Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
1.6 Financial instruments
The company has the following financial instruments:
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction 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.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where 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.
2 Donations and legacies
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Donations and gifts | 70,790 | 137,513 |
Donations to the charity which are made under the Gift Aid scheme are included net of the tax recoverable which is separately disclosed.
3 Other income
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Gift aid reclaimable | 5,586 | 19,751 |
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KANTER JULES CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4 Charitable activities
| Activities undertaken directly Governance costs £ £ Donations made to individuals and organisations 100,678 - Accountancy and independent examination fee - 4,200 Bank charges - 81 100,678 4,281 |
Total 2025 £ 100,678 4,200 81 104,959 |
Total 2024 £ 22,579 1,200 - |
|---|---|---|
| 115,850 |
The charity has elected to apply the statutory exemption in England and Wales from providing the names of donees and the amounts of such donations during the lifetime of the settlor who donated the funds from which the donations are paid or during the lifetime of any spouse or civil partner of the settlor.
5 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year, and none were reimbursed expenses.
6 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Total | - | - |
There were no employees whose annual remuneration was more than £60,000.
7 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
8 Debtors
| Amounts falling due within one year: Taxation recoverable 9 Creditors: amounts falling due within one year Accruals and deferred income |
2025 £ 5,586 2025 £ 4,200 |
2024 £ 19,748 |
|---|---|---|
| 2024 £ 3,900 |
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KANTER JULES CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
10 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 unrestricted funds by the trustees for specific purposes.
| At 1 April | Incoming | Resources | At 31 March | |
|---|---|---|---|---|
| 2024 | resources | expended | 2025 | |
| £ | £ | £ | £ | |
| General funds | 47,246 | 76,376 | (104,959) | 18,663 |
| Previous year: | At 1 April | Incoming | Resources | At 31 March |
| 2023 | resources | expended | 2024 | |
| £ | £ | £ | £ | |
| General funds | 5,832 | 157,264 | (115,850) | 47,246 |
11 Related party transactions
During the year the charity received donations without conditions totalling £11,800 (2024 - £57,030) from trustees.
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