EUF LD SAN UAL EP Charity Name-The Jolant'a and Max Neuf8ld Charitable Trust Charity Number- 1080733 CharltyAddres8- 1 Colvllle Place, London, W1T 2BG Reporting Period- 101 August 2024 to 31 Itjuly 2025 Structure- Llmlted Company Tru8tees NAm63: Stephan Max NeufeLd- Founder Dr Deborah Saunt- Chai r Colln Hayward- Secretaw and Treasurer Davld Judah Rosenberg Bartholomewjohn Preston Banker- CAF Bank Ltd. Auditorl Independent Examin8r- Peter AngeL FCA, Peter Angel & Co. Ltd, Chartered Accountants, The Coach House, Powell Road, Buckhurst Hill, Essex. 1G9 5RD On the death of Max Neufeld. the owner of 1 Colvllle Place, the ownership of said property will reverttothe Tru8tto be rraintainedin itscurrentform and condition in 8 mannerto continue the activiti es of the Trust. These actlvities provlde funds to varlous organisatlons i n the field of fairjustice, prison reform and human rlght8. In 2024 we donated funds to: The Howard League for Penal Reform The Civil LibertiesTrust The Prison Reform Trust The Trustee8 confirm that they have complled wlth the duty to conslderthe Charity Commission's guidance on public benefit See attached independentty sudited accounts. Trustees ere elected at the AGM and sewe a one year term.
d Charita LaT The trust carried out £ risk assessment in June 2025 Ghecking insurance provislon was up to date (value of the building. malntenanceof the building, safety chècks etGI- all In order and up to date. At ourAGM In September dlstrlbutlon of tFie ne*c round of charlt8ble donatloris will b& discussed / agreed. The Trustses approved this R8port on the 3181 July 2025 Slgned by Dr Deborah Saunt, Chalr of Trustees
Company numbar: 3835079 Charlty number: 1080733 THE JOLANTA AND WIX NEUFELD CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Peter Angel & Co Chartered Accountants The Coach House Powell Rd Buckhurst Hill Essex IG9 5RD
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST CONTENT8 Pag8 Trustees. report Statsment of financial aclivilies alancE 8heel Notes to the financial statements Accountant's report
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Tha trust&es pr&s6nl their report wilh the financial statsments for th8 year 8nd8d 30 S6pt8mber 2024. The finanelal statsmenls hava b8en pr8par8d in accordance wlth the accounting policies sat out In nots 210 the financial statements and mplY wlth tha Compani6s Act 2006 and Accounting and Reporting by Charities.. Statement of Re¢ommended Practice applicable to charities preparing their flnanclal statsments in accordanc2 with Ihe"Financial Reporbng Standard applicabl8 in the UK and Republlc of Ireland IFRS 1051 (As amended for accounting periods commencing from 1 January 20161. REGISTERED OFFICE 1 Colville Place, London, W1T 2BG TRU8TEES Stsphan Max Neufeld Dèborah Allson Saunt (Chairl Colin Hayward Bart Preston David Judah Rosenbèrg SECRETARY Colin Hayward BANKERS CAF Bank 25 lfjngs Hill Avènuè, lfjngs Hill, Wast Malling, Kent ME19 STRUCTURE, GOVERNMENT AND MANAGEMENT Governlng Document The Trust is a company limited by guarantee and not having a share capital. It is governed by memorandum and articles of association. The liability of the members in the event of the company b61ng wound up is limitsd to £1 each. The company 18 a registered charf(y and acts as a non profit- making org9nis3lion. Appolnknent of trustee8 The directors of the charilable company are ity trustees for the purpose of charity law and throughout this raport are collectively refèrred to as th& tru8188s. As set out in the articles of association. one third of 811 trustees retire 6V6ry yèar and are propcsad for re-olectlon at the annual general meeting (AGM}. The finanoial stakments compty wth current statutory requirements, the memorandurn and articles of association and the statement of recommended practi (SORPI 'ac¢ounting and reportlng by charitias, issued March 2005. R16k Managemeiit Tha truste8s hav8 a formal risk management prD¢ess to assess and manage risks. This involves identifying the types of risks the society faces and means of mitigating them. The trustees ensure that the tru8fs internal financtal controEs conform with guidelin8s issued by the Charity Commission and thi3 is checked 8nnually. Pag8 1
THE JOLANTAAND MAX NEUFELD CHARITABLE TRUST TRUSTEES, REPORT {¢onllnuedl FOR THE YEAR ENDED 30 SEPTEMBER 2024 Organlsational 8tNcture and Intsmal Control On& third of all trusteès r8tira 8very yèar and arè proposed for rary818ction at tha AGM. The Iruslegs tskè overall &¢wuntability for énsuring that financial and legal responsibilltles of the charity are met. They decide policy and strategy and ensure the charity fulfils its objectives. OBJECTIVES AND ACTIVITIES To support the furtherance or advancement or b8nefit of such on8 or morè charitable institutions or charftablè puposes as the trustaas shall from tima to time select provided that no funds may be applied for any purpose which is not charitable, To preserve for the benefit of the people of Greater London and of the naticn at large the buildings and other parts of the archIteCra1 constructional heritage as rllay 8x5t in and around the ar@a of Fitzrovia where they ar8 ol particular b8auty. historical, architéctural or constructional interest. ACHIEVEMENTS AND PERFORMANCE For thé yaar èndèd 30th Septamber 2024 the trust had an in¢ome of £36,821, lower than the previou8 year1£40,860}, Donations were made totalling £27,500 (£35,000 In 2023). Donattons were made to the following charities.. Cl1 Liberties Trust Howard League for P&nal R8form Prison Reform TNst The trustees rggularly revtew the trusvs investment Strategy. FINANCIAL REVIEW Thè trust had an incomè of £38,821 and direct chaiitable 8xpendtLure and adminlstration costs of £28,542, $0 Ihat income exceeded expenditure by £8,27912023 - income ex¢eoded expenditure by £1,779 and th8 sUlUS increassd re8@rv88}. PUBLIC BENEFIT Public benefit is derived from the activities of the charities lo whom th8 donations are made, in accordance wth our'objectives and activities, above. PRINCIPAL FUNDING SOURCES The principal funding sOue5 for the charity are investsnent income and donations. Pag8 2
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST TRUSTEES, REPORT lcontlnued FOR THE YEAR ENDED 30 SEPTEPJIBER 2024 RESERVES POLICY Tha gèneral fund {£209,819} rèprasènls the unrèstiiGtsd fund5 arising from donations and past operating results. It represents the free rgserves of the charity. The current policy of the trust is b apply the income from the general fund to general charitable purposes, as set out in paragraph 1 of th8 '0bj8Cts of th@ charllable trusf above. The ros•rves policy is ravi&wed annually by the trusts@s. RESPONSIBILlES OF THE TRU8TEE8 Company and charity law r8quires the trust888 to prepare tha flnanclal statsmgnts for each financlal year, which give a true and fair view of the state of affairs of the trust and of its income and expenditure for the year. In pr8paring the88 financial statsments, the truste8s are required to.. select suitsble accounting policies and then apply them consistently make judgements and estimates that are reasonable and prudent prepare the financial statements on the going concern basls unless it is inappropriate to presume that the trust will canlinu(g in business The trustsos have overall responsibility for ensuring that the trusl has an appropriate system of control8, financial and Dlhetwise. They are a180 responsible for keeping prop8r accountlng rècords which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure thal the financial statements comply with the Companies Act 2008. They are also responsibl& for safeguarding the assèts of thé trust and henca for taking reasonable steps for the prevenlion and detedon of fraud and other irregularities and to provide reasonable assuran¢e that.. the trust is operatlng elfciently and effectively its assets are safeguarded against unauthorised use or di3POSltion proper rècords are maintaln6d and flnanclal information usad with the trust for publication Is reliable the Irusl ¢omplies with relevent law$ 8nd regulations Trustoos Trustees, who are the directors for the purposes of company law and trustees for the purpose of chadty law, who sèrvad during the yèar and up to th8 date of this report ar8 set out on paga l. This raport has been prepared in accordance with special provisions of Part 15 of the Companle5 Act 2006, Approvèd by tho Irusts6s on 1 Oth Fabruary 2025 and slgned on its behalf by.. Colin Hayward sgcrolary Page 3
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIE8 FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted Fund8 2024 Unrestricted Funds 2023 Noté INCOMING RESOURCES Interest received on cash deposits Share dividends & gain on sale Donattons q1,821 3,360 25,000 37,500 TOTAL INCOMING RESOURCES 40,860 RESOURCES EXPENDED Direct charitable exp8ndilur8 Managemonl and adminislraticin of the charity 27,500 1,042 35.000 4,081 TOTAL RESOURCES EXPENDED 28,542 39,081 NET INCOMING RESOURCES 8,279 1,779 Balan brought forward 1 October 2023 209,819 208,040 TOTAL FUNDS AT 30 SEPTEMBER 2D24 218,098 209,819 All of the above re8ults are derived from continuing activities. All gains and losses recogni8ed in the year are Includ$d above. The profit for the year for Companies Act comprises net incoming resources for the year. Ths notes on p&g8s 6 and 7 fomj part ofthgse financial statements Page 4
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST BALANCE SHEET AS AT 30 SEPTEMBER 2024 Unrestricted Funds 2024 Unrestricted Funds 2023 Note CURRENT ASSETS Sundryd8btora Short tèrm bank deposits Cash at bank and in hand 5,000 183,186 30,962 219,148 15,000 174,093 21,726 210,819 CREDITOR8: amounts falllng due wlthln onè year -1,050 -1,000 NET CURRENT ASSET8 218,098 209,819 CHARrrY FUNDS Gènéral fund 218.098 209,819 TOTAL FUNDS 218,098 209819 The company is 8ntitl8d to 8xemplion from audit under Sectron 477 of the Compani88 Act 2006 for the year ended 30 September 2024. The memb8rs hav6 not required the company to obtain an audit Df its financial stataments for the year ended 30 September 2023 In accordance with Section 476 of the Companles Act 2006. The trustees acknowledgè thèir responsibilitiès for.. (al ensuring that the trjst keep5 occounting records whioh compty with Seciion 386 and 387 of the Companies Act 2006. (bl preparlng )Inanclal statements lch give a true and fair view of the state of affair5 of the trust as at th8 8nd of each financial year and of its surplus or defic¥i for each financial year in accordance with the r6quir6mènts of Sectlon 394 and 395 and whlch othèrwise comply with the requirements of the Companies Act 2006 relating to financi31 slalements, so far as applicablo to the trust The finanGial slalgrngnls havo been prepared in accordan with the provisions of Part 15 ofthe Companies Act 2008 relating to small compani85. Approvod by tho trusteos and slgned on thfrlr behalf by: S M Neuleld D A Saunt 10th February 2025 Thg not&s on pages 6 and 7 fom? part of th9sa financial statements Page 5
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST NOTES TO THE FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 4. CHARITY AND STATUTORY INFORMATION The Jolants and Max Neufeld Charitable Trust is a PlTvate company limited by guarantee Incorporated in England & Wales. 2. ACCOU.NTING POLICIES Ba818 of preparatlon of flnanclal statgment8 The financtal statements have been prèpar8d undar tho historical cost convention, and in a¢¢ordan¢e the Financial Reporting Standard ftrr smaller entitles FRS 105. The financial slalements have been pr8pared in accordance with the Ststernenl of Recommended Practice ISORPI Accounting and Reporting by Charftlo$" publlsh&d In March 2005 and applicable accounling standard5. The finandal statements are prepared in 8terfing which 18 the functional currency of the Gharity. Monetary amounts in these financial statements are rounded to the nearBst pound. Golng concem At the rne of approving the accounts the trustees have a reasonable expectatlon the charlty has adequate restsurces lo conllnue In operational exlstence for the foreseeable future. Thus the trustees continue to adopt the going conrn basis of awunting in preparing the financial statements. Fund accountlng Unr8strict8d funds., This is the g8n6ral fund whl¢h th6 charfty uses for purposes at its di$¢retion. Investsnents Investments aro stated at CD8t at the balance sheet date. The'slatement of finanoi81 activitie8, includes the net gains End losses arising from disposals throughout th6 year. Page 6
THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted Fund8 2024 Unreslrided Funds 2023 3 DIRECT CHARITABLE EXPENDITURE Donations to charitable Irusls 27,500 35000 4 MANAGEMENT AND ADMIN18TRATION OF THE CHARITY Accountancy fee Postage & Slalionery Legal fees Sundry expen8es ank charges 1050 43 1000 288 2437 250 106 4081 55 1042 5 CREDITORS due within one year Accrued expenges 1050 1000 6 TRUSTEES Th8 trusteès receive no remuneration for Ih8ir 88Nices and were not reimbursed for 6xpens8S. 7 TAXATION No liabilty to UK corporation tax aros8 on ordlnary activities for the year ended 30 September 2024 nor for the year ended 30 September 2023. Page 7
THE JOLANTA AND NEUFELD CHARITABLE TRUST INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report lo the Iru81ge8lmembers for the year ended 30 September 2024 on the accounts 8et out on pages 4 to 7. RESPECTIVE RESPONSIBILrriES OF TRUSTEES AND EXAMINER AS des¢ribed on page 5 the trustees are responsible for the preparatlon of the accounts, and they consider that an audit is not required for this year under the Charities {Accounts and Report81 Régulatlons 2008, and thal an Independant examination is needed. It is my responsibillty to.. exarlline the accounts follow the prorAdur6s laid down in the Genergl Directions given by th8 Charity Cornrnissioners stste whether parti¢ular matters have come to my attention. BASIS OF INDEPENDENT EXAIJIINER'S STATEMENT My examination was carried Olrt In a¢¢ordan¢8 th Genernl Dlr8Ctlons glven by tho Charfty Commtssioners. An examinatlon Includes a revlew of the ac¢ounting records kept by th2 chariiy and a cornparison of the accounts presented lh those re¢ord$, 11 also includes Gonsideration of any unusual ltsms or disdosures in the accounts, and seeking explanations from the trusle8S concerning any such mallers. The PrOdre$ undertaken do not provide all the evldents that would be requitpd in an audit, and ¢onsequently I do not express an audit opinion on the accounts. INDEPENDENT EXAMINER'S STATEMENT In ¢onne¢tion with my examination, no matter has com6 tD my attention: {1} which gives me reasonable ¢ause to believe that in any material respect tho roquirement8'. - lo keep accounting records in accordance with th8 Act.. and - lo prepare accounts which accord with the acoounling records and comply wth the accounting requirements of th8 Act have not been met or {2) to which, in my opinion, attention should b8 drawn In ordér lo enable a proper understanding of the accounts to be reached. PeterAngel & Co Chartered Accountsnts Page 8