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← The Jolanta And Max Neufeld Charitable Trust

2025-09-30-accounts

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

TRUSTEES ANNUAL REPORT

1.Charity Details

Charity Name —- The Jolanta and Max Neufeld Charitable Trust

Charity Number— 1080733

Charity Address - 1 Colville Place, London, W1T 2BG

Reporting Period — 1** August 2025 to 30th July 2026

Structure — Limited Company

Trustees Names:

Banker - CAF Bank Ltd.

Auditor / Independent Examiner — Peter Angel FCA, Peter Angel & Co. Ltd, Chartered Accountants, The Coach House, Powell Road, Buckhurst Hill, Essex, 1G9 5RD

2.Charity Objectives

On the death of Max Neufeld, the owner of 1 Colville Place, the ownership of said property will revert to the Trust to be maintained in its current form and condition in a manner to continue the activities of the Trust.

These activities provide funds to various organisations in the field of fair justice, prison reform and human rights.

in 2024 we donated funds to:

The Trustees confirm that they have complied with the duty to consider the Charity Commission’s guidance on public benefit

3.Financial Review

See attached independently audited accounts.

4.Governance and Management

Trustees are elected at the AGM and serve a one year term.

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The Jolanta and Max Neufeld Charitable Trust

Trustees Annual Report

5. ManagementRisk

The trust carried out a review during 2025 of our investment strategy in relation to funds we retain. twas agreed to remove a proportion of funds held with CCLA to an account with walker Cripps Investment Management.

We can confirm that our insurance provisions etc. (value of the building, maintenance of the building, safety checks etc.) are all in order and up to date.

6. Plans for Future Periods

At our AGM in September distribution of the next round of charitable donations will be discussed / agreed.

7. Approval Statement

The Trustees approved this Report on the 16" December 2025

Signed by Dr Deborah Saunt, Chair of Trustees

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Company number: 3835079 Charity number: 1080733

THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST COMPANY LIMITED BY GUARANTEE

TRUSTEES REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

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Peter Angel & Co Chartered Accountants The Coach House Powell Rd Buckhurst Hill Essex IG9 5RD

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

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CONTENTS

Page
Trustees’ report 1
Statement offinancial activities 4
Balance sheet 5
Notes to the financial statements 6
Accountant'sreport 8

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees present their report with the financial statements for the year ended 30 September 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 2 to the financial statements and comply with the Companies Act 2006 and "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 105)” (As amended for accounting periods commencing from 1 January 2016).

REGISTERED OFFICE

1 Calville Place, London, W1T 2BG

TRUSTEES Stephan Max Neufeld Deborah Alison Saunt (Chair) Colin Hayward Bart Preston David Judah Rosenberg

SECRETARY Colin Hayward

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BANKERS CAF Bank 25 Kings Hill Avenue, Kings Hilt, West Malling, Kent ME19 4JQ

STRUCTURE, GOVERNMENT AND MANAGEMENT

Governing 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 being wound up is limited to £1 each. The company is a registered charity and acts as a non profitmaking organisation.

Appointment of trustees

The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. As set out in the articles of association, one third of all trustees retire every year and are proposed for re-election at the annual general meeting (AGM).

The financial statements comply with current statutory requirements, the memorandum and articles of association and the statement of recommended practice (SORP) ‘accounting and reporting by charities' issued March 2005.

Risk Management . The trustees have a formal risk management process 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 trust's internal financial controls conform with guidelines issued by the Charity Commission and this is checked annually.

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Organisational Structure and internal control

One third of all trustees retire every year and are proposed for re-election at the AGM. The trustees take overall accountability for ensuring that financial and legal responsibilities 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 benefit of such one or more charitable institutions or charitable puposes as the trustees shall from time 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 nation at large the buildings and other parts of the architectural constructional heritage as may exist in and around the area of Fitzrovia where they are of particular beauty, historical, architectural or constructional interest.

ACHIEVEMENTS AND PERFORMANCE

For the year ended 30th September 2025 the trust had an income of £27,696, lower than the previous year (£36,821).

Donations were made totalling £27,500 (£27,500 in 2024). Donations were made to the following charities:

Civil Liberties Trust

Howard League for Penal Reform Prison Reform Trust Child Poverty Action Group

The trustees regularly review the trust's investment strategy.

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FINANCIAL REVIEW

The trust had an income of £27,696 and direct charitable expenditure and administration costs of £28,542, so that income was lower than expenditure by £1,061 (2024 - income exceeded expenditure by £8,279 and the surplus increased reserves).

PUBLIC BENEFIT

Public benefit is derived from the activities of the charities to whom the donations are made, in accordance with our ‘objectives and activities’ above.

PRINCIPAL FUNDING SOURCES

The principal funding sources for the charity are investment income and donations.

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

TRUSTEES! REPORT (continued) FOR THE YEAR ENDED 20 SEPTEMBER 2026

RESERVES POLICY

The general fund (£209,819) represents the unrestricted funds arising from donations and past operating results, It also representa the free reserves of the charity.

The current policy of the trust is to apply the income from the general fund to general charitable purposes, as set out in paragraph 1 of the ‘objects of the charitable trust above, The reserves policy is reviewed annually by the trustees,

RESPONSIBILITIES OF THE TRUSTEES Company and charity law requires the trustees ta prepare the financial statements for each financial year, which give a true and fair view of the state of affairs of the truat and of Its income and expenditure for the year, in preparing these financial statements, the trustees are required to:

«select suitable accounting policies and then apply them consistenily

~ make judgements and estimates that are reasonable and prudent

The trustees have overall rasponsibility for ensuring that the trust has an appropriate system of contrals, financial and otherwise, They are algo responsible for keeping propar accounting racards which disclose with reasonable accuracy at any time the financial position of the trust and fo enable them to ensure that the finanalal statements comply with tha Companies Act 2006. They are also responsible for safeguarding the assets of the trust and hance for taking reasonable steps for the prevention and detection of fraud and other irregularities and te provide reasanable asaurance that: ;

~ the trust is operating effciently and effectively

Trustees

Trustees, who are the directors for the purposes of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report aro set out on page 1. This reporthas been prepared in accordance with special provisions of Part 15 of the Companies Act 2008,

Approved by the trustees on 10th November 2025 and signed on its behalf by:

Colin Hayward Deborah Saunt Secrofary Chalr . Page 3

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

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Unrestricted Unrestricted
Funds Funds
2025 2024
Note £ £
INCOMING RESOURCES
Interest received on cash deposits 8,321 11,821
Rent received 10,000
Donations 9,375 25,000
TOTAL INCOMING RESOURCES 27,696 36,821
RESOURCES EXPENDED
Direct charitable expenditure 3 27,500 27,500
Management and administration ofthe charity 4 1,257 1,042
TOTAL RESOURCES EXPENDED 28,757 28,542
NET INCOMING RESOURCES ~1,061 8,279
Balance brought forward 1 October2024 218,098 209,819
TOTALFUNDSAT30SEPTEMBER2025 217,037 218,098

All of the above results are derived from continuing activities. All gains and losses recognised in the year are included above. The profit for the year for Companies Act comprises net incoming resources for the year.

The notes on pages 6 and 7 form part of these financial statements

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

BALANCE SHEET AS AT 30 SEPTEMBER 2025

Unrestricted Unrestricted
Funds Funds
2025 2024
Note £ £
CURRENTASSETS
Sundry debtors 6,875 5,000
Shortterm bank deposits 191,437 183,186
Cash at bank and in hand 25,174 30,962
223,486 219,148
CREDITORS: amounts falling due
within one year 5 ~6,449 -1,050
NETCURRENTASSETS 217,037 218,098
CHARITY FUNDS
General fund 217,037 215,216
TOTALFUNDS 217,037 218,098

; The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the trustees and signed on their behalf by:

S M Neufeld

D A Saunt 10th November 2025

The notes on pages 6 and 7 form part of these financial statements Page 5

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

  1. CHARITY AND STATUTORY INFORMATION . The Jolanta and Max Neufeld Charitable Trust is a private company limited by guarantee incorporated in England & Wales.

2, ACCOUNTING POLICIES

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, and in accordance the Financial Reporting Standard for smaller entities FRS 105. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" published in March 2005 and applicable accounting standards.

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The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounis in these financial statements are rounded to the nearest pound.

Going concern

At the time of approving the accounts the trustees have a reasonable expectation 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.

Fund accounting

Unrestricted funds:

This is the general fund which the charity uses for its purposes at its discretion.

Investments

Investments are stated at cost at the balance sheet date. The 'statement of financial activities' includes the net gains and losses arising from disposals throughout the year.

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Unrestricted Unrestricted
Funds Funds
2025 2024
£ £
3 DIRECT CHAITABLE EXPENDITURE
Donations to charitable trusts 27,500 27500
4 MANAGEMENTANDADMINISTRATION
OF THE CHARITY
Accountancy fee 1100 1050
Postage & Stationery 62 -63
Bank charges 95 55
1257 1042
5 CREDITORS due within one year
Accrued expenses 1100 1050
Rent deposit 5349 0
6449 1050

7 TAXATION No liability to UK corporation tax arose on ordinary activities for the year ended 30 September 2025 nor for the year ended 30 September 2024.

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THE JOLANTA AND MAX NEUFELD CHARITABLE TRUST

INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

Report to the trustees/members for the year ended 30 September 2025 on the accounts set out on pages 4 to 7.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

As described on page 5 the trustees are responsible for the preparation of the accounts, and they consider that an audit is not required for this year under the Charities (Accounts and Reports) Regulations 2008, and that an independent examination is needed. It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S STATEMENT

My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the accounts.

INDEPENDENT EXAMINER'S STATEMENT

In connection with my examination, no matter has come to my attention:

have not been met; or

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Peter Angel & Co Chartered Accountants

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