COMPANY REGISTRATION NUMBER.. 01798233 CHARITY REGISTRATION NUMBER: 1090586 TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE UNAUDrrED FINANCIAL STATEMENTS 31 MARCH 2025 COHEN ARNOLD Charrered accounlanrs New BurlingLon House 1075 Finchley Road London NWI I OPU
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE FINANCIAL STATE1Ts YEAR ENDED 31 MARCH 2025 PAGES Trustees, annual report (incorpora(ing the direcior's report) Independent examiner's report to the trnstees Statement of financial activilies (including incoTne and expenditure account) Statement of financial position Notes 10 the financial staiernents Ito3 7t012
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 31 MARCH 2025 The livsiees, who are al.50 the direcloi-.s foi. Ihe purposes of company law, PlEsenl their repoi't aiid rhe unaiidited financial 51atements of the charily for ihe year ended 31 March 20?5. REFERENCE AIYD ADMINISTRATIVE DETAILS Registered charity naine Charity registration number Company registratiorl iiumber 01798233 Principal office and registered 34 The Ridoeway office London NWII 8QS Truemai"i Limited 1090586 THE TRUSTEES Mr I Heilner Mrs S Heiiner COMPANY SECRETARY Mrs S Heilner INDEPENDENT EXAMINER Barry Leigh FCA New Burlingion House 1075 Finchley Road London NWI I OPU STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is constituted as a coinpany litnited by iyuarantee, and is therefore governed by ils Memoi'anduni and Ai'ticles of Association. The governors (Irusiees) Icdminisler Ihe day-Lo-day L1ffairs of the charily. None of Ihe governors (trustees) have any beneficial inlei-esi in Ihe chi( rily. It i.s iiol curi-eiitly ihe Anleiilion of Ihe goveriiors (liuslee.s) of Ihe charily lo appoijil new tii].slee,s. Should the siiuation chaiige in Lhe future, the trLisiees will apply suitable recruitn]eni (raining and induclion procedures.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DJRECTOR'S REPORT) fcoiihpriiedj YEAR ENDED 31 MARCH 2025 OBJECTIVES AND ACTIVITIES The charity is esiablished 10 furiher those purposes both in the United Kingdorn and abroad recognised as charilable by English Law and in furtherance of the aforemeniioned objects. The ch1(Y i-eceives income n]ainly fiom charitable receipts, which it utilises in the provision and distribution of grants and donations. The charity's principle aciivily Ilii-oughout Ihe ycar was the provision and distribution of donations and grants to oruanisation5, and no change is envisaged in the immediate future. The governors (truslees) confii-m Iliat they have referred to the guidaT]ce contained in the Charity Comtnission's iyeiieral uuidaiice on pisblic benefjt when reviewing Ihe charity's aitns and objectives and in planning futurc activilie5 and setting the araDI making policy for the year. ACHIEVEMENTS AND PERFORMANCE Durinu Ihe year, the charity continiied 10 pur.sue ils philanthropic objects in SUPPOTI of educational. religiou,g and other charitable organisalions. IncoTne froni donaiions and iTJvcsiments aggrcgaled £133,264. Donations agoregil1in(T £134.830 were paid in the year. FINANCIAL REVIEW The financial results ot the chaiity'5 aciiviiies for the year to 31 Mai-eh 2025 are fully reflected in the attached Financial Siatements together wilh the Notes ihereon. Reserve Policy It is the policy of the chL 'ily 10 mainl1< 111 uiireslricted funds, which iiiclude the free reserves of Ihe charity, at a level which the uovernors (Iruslees) think appropriate, after considering the future commiiment% of the charily and Ihe likely cost% of Ihe charity for the next yeai-. As at (he year end, rhe charity had sufficIent cash reserves to continue it's chai-itable activities, and Ihe Trustees have also had regard to donaiions received tollowing Ihe year end. Grant making policy Grants are Inade to charilable instiliitions and organis¢tlions which accord with ihe objects of the charity. The (Fovernors (Inislees) al'e approachcd for donalions by a wide variety of chariiable inslilLilions oper(iting all over England. The govcrn()r.s (trustees) consider all requests which they receivc aTJd make donations blL sed on the level or riinds available. PLANS FOR FUTURE PERIODS I delermiiiing the level of cliariiable graiils aiid donatioiis ihat (hey charity may inake. the goverJioTS (trustees) consider Ihe Income available for such purposes froin donations it receives. SMALL COMPANY PROVISIONS This reporl has beeii pi'epai-ed in accoidance wilh Ihe pi-ovisioiis applicable to companie,$ entitled 10 the sinall companies exeimplion.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) Iconiiittiedj YEAR ENDED 31 MARCH 2025 The truscees, annual i"eport was approved on 9 December 2025 and signed on behalf of ihe board of trustees by.. eiliici. Trustee
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRUEMART LIMII'ED YEAR ENDED 31 MARCH 2025 repoi"I ro Ihc trnblees on my examination of Ihe tinancial siaiements of Truemart Limired ('Ihe charity,) fui the year ended 31 March 20?5. RESPONSJBILITIKS AND BASIS OF REPORT A.s the charily's (Juslees of (he Lutnpany (aiid also ils dii-ectoi-s for the purposes of company law) you are respoJ)sible for the preparation of the accounls in accordllnce with the iequirements of the Companic% Act 2006 ('the 2006 Act,). H¢tving .satisfied rnysclf that the accounts of the compaT)y are nol required 10 be audited under Pait 16 of the 2006 Act aT)d are eligible for independeiit examination. I report in re.spect of my cxamination of yoiir charity's accollnls as carried oul linder seclion 145 of the ChaTities Act 2011 ('Ihe 2011 Acl.). In carrying out my examination I have followed the Direciions given by the Charity Cominission under sectioii 145(5) (b) of the 2011 Aci. INDEPEIYDENT EXAMINER'S STATEMENT I have completed iny examinalion. I confirni ihal no iiiaitei-s have come to my attention in coniiection wilh the examinaiion giving me cause lo believe-. accounting records were nol kepl in respect of ihe charily as required by section 386 of the 2006 Acl" oi" the financial stateinents do noi accord wilh ihose recoi-ds; or (he financial siatenients do nol COlTbply with the accouniing requireiTbenis ot. seclion 396 of che 2006 Act other ihan any requirement Ih1L I the accoiints give a 'lrue and fail view which is not a maller considered as parl of an independeni examination. or (he finaiicial .siatemeiii.s have iiol been pi'epared in accordance with the meihods and principles of the Siatement of. Recommended Practice for accounting and reporting by charilies applicable 10 chai-ities prepai-ino (heii- accounis in accordance with the Financial Reportino Standard applicable in the UK and Republic of Ireland (FRS 102). I have no conLerns and have Lome across no oilier matters in connection willi the examinaiion lo which alLei)lion should be dr<lWiI in ihi.s i-eporl Iii order lo enable a proper understldIng (Jf the accounts to be reached. Barry Leigli FCA Independejil Examinei- New Rlirlinoton House 1075 Finchley Road London NWI I OPU
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2025 2025 Unrestricted funds Total funds Toial funds 2024 Note Income 2nd endowments Donations and Icgclcies Investment income 133,227 37 133,227 37 215.000 381 Total income 133,264 133.264 215.381 Expenditure Expenditure on charitable activities Total expenditure (139,383) (139,383) (270,680) (139,383) (139,383) (270,680) Net expenditure aJ)d net movement in funds (6,119) (6,119) (55,299) Reconciliation of funds Toial funds brought forw4vd Total funds carried forward 9,116 9,116 2,997 64,415 2,997 9,116 The statement of financial activities includes all oains and losses recogni5ed in the year. All income and expeiidilui-e derive froFn coniiiiuiiig aclivilies. The notes oli pag&s 7 ti) 12 form part of these financial 51atemeiit5.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 2024 Note CURRENT ASSETS Cash at bank and in h(ind 16,237 22.356 CREDITORS: aThuuR)ts falling due within one year NET CURRENT ASSETS 14 (13,240) (13.240) 2,997 9,116 TOTAL ASSETS LF.SS CURRENT LIABILITIES 2,997 9.116 FUNDS OF THE CHARITY Unrestricted funds 2,997 2,997 9.116 Total charity funds 15 9.116 For the year ending 31 March 2025 Ihe chariry was enliiled 10 exemption fi-om audit uiider section 477 of the Companies Act ?006 relalino to small companies. Directors, responsibilities.. The member.s have noi required the company to obtain a]1 audit of ils fiiiancial staiemenis for the year in question in accoidance with section 476. The directOl-5 acknowledge iheir responsibilities for complying with the requii-emcnts of the Act wilh respect to accounting records and Ihe preparation of financial .slatementS. These fJnaTJcial statements have been prepared in accordance with the provisions applicable lo Companies siibjecc io the small companies. regime. These fInancial stateinenls were approved by (he board ot tnistees and auihorised for issue on 9 December 2025, aiid ale sigiied on behalf ot (he board by.. Mr l Heitnei- Trustee Tlie iioles on 7 10 12 foriii parl of these financial slat¥meiit5.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 GENERAL INFORMATION The charity is a piiblic benefit entity and a privilte coinpany liinited by CTiiaranlee, registered in England and Wales and a i-egislered charily in England and Wales. The &ddress of the regigiered office is 34 The Ridgeway, London, NWI 1 8QS. STATEMENT OF COMPLIANCE These financial .statemenis have beeii prepaied in compliJT]ce with FRS 102, The Fiiiancial Reporting SiaT]dard applicable in ihe UK and the Rcpublic of Ireland,, the Statement of Recominendcd Praclicc applicable lo chai-ities pi-epai-ing their accounls In accoi-dance with the Financi&il Reporting Siandard applicable in the UK aDd Republic ol Ireland (FRS 102) (Charilies SORP (FRS 102)) and the Conipanics Act 2006. ACCOUNTING POLICIES Basis of preparation Tlie financial statements have been prepared on the liisiorical cost basis, as modified by tlie revaluation of certain financial assets and liabililie5 and invesimenl propel Lies measuied at fair value through income or expenditure. The finai)cial .slalemeiits are prep-ed in .%ierliiig, whicli is the fuiiciioiial cuirency of the enlily. Going concern There are no m%Llerial uncertainiies about Ihe charity's ability to continue. Judgemeiits and key sources of estiination uncertaiiity In thc applicatiOT) Ot the Comp&llly'S accounlin(J policies. thc Dii-ectors <irc requIred 10 make judgcments, esliinlles and assumplions aboul Ihc caiiying amounts of asscts and liabililic¥ that are not reLidily appLirent froin oihei sources. The e.£limiiles Lind aS8OClclted assiimplion5 (ire based on historical cxperience and other tactors Ihiil are considcred lo be relcvanl. Actual resulis may diffei- from ihcse estimates. The esliimates and underlying assumptions are reviewed on an onooing basis. Revisions to accounting estimate.s al-e i-ecogjiised in the period in which the eslimaie i.s ievised if Ihe revisioii atfecls only that period, or in the pei'iod of Ihe i-evision and tiitiire periods if the revision affects both CUlTeni and future pei-iods. The Dii'ectors do llot consider ihete are any crilical judgemenis or SOiiTces of e51imcilion unceriainty requii-ing disclosure beyond the <lCCOUllting policies listed below.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS I coiItiRiJied) YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (coiiriniied) Fund accounting Unreslricied tunds are available tor use af (he discrelion of the trustees to furiher any of the charity's purposes. Designated funds are unrestricled tunds earmarked by Ihe trnstees for particular future project or commilmenl. Restricied funds are siibjecied 10 i'estriclions on their expendiiiire declared by the donor or through the temis ot an appeal, and fall inlo one of two sub-classes.. reslricied income funds or endowment funds. Incoming resources All inconie is iiicluded iii Ihe .sialemeiit of tinancial aclivilie% wheii ejititleineiil has pa.%sed io (he charity, it is probable that the economic benefiis associated with the transaciion will flow 10 Ihe charity and the aniount can be reliably nieasured. The following specitic policies are applied to particular categories of income= income froin donations or granis is recognised when there is evidence of entiilement to the gif(, receipt is pi-obable and ils amount can be measui'ed i-eliably. legacy income is recognised when receipt is probable and entitlement is established. Resources expended Expenditure is recognised on an t1ccruals bas3s as 1( liabilily Is incun-ed. Expenditure incliides any VAT which cannot be fully recovered, and is classified under headings of the stateThenl of financial activities 10 which it i-elales- expenditure on raising funds includes the cosis of all fiindraising activities, events, non- chariiable irading activities, and the Siile ot donaied goods. expenditure on chai-iiable activities includes (111 cosls incurred by a chariiy in underlakino aciivities thai further ils charitable aiins for the benetil of ils beneficiaries, including Ihose support cost5 aiid cosis relaLiiig to Ihe goveriiaiice of Ihe chLlI-ily appoi"lioned to Ch-1[ab]e aciivities. other expenditure includes all expendiiure thal is neiiher related io raising fi]nds tor the charity nor part of its expenditure on charitable activlties.
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS ( coiitiiiried) YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (tollhiived) Financial instruments A financial asset or a financial IR(Ibiliiy is recogniscd only when thc entity becomes a parly to the contractual pi-ovisions of the insirufflent. Basic financial instruinents are initIally recounised at the amounl receivable or payable inLluding a]iy relaled transaction costs. unless the a11geMe11t consliiiiles a financing tran.saction, wheie il 15 recognised at the present value of the future payments discounted (il a inarket rate of interest for a similar debt IDStiminent. Cutrent assets and curreni liabilities are subsequently mciisiired ai ihe cash oi- other consideration expecled to be paid or received alld not di5counled. Debi in51iumenl8 are sub.sequently measured at amorlised cosi. LIMITED BY GUARANTEE The charity is a conipany liniited by guarantee and has no share capital. The liabilily of each member in the event of winding up is limiied 10 £1. DONATIONS AND LEGACIES Um'e51ricted Total Funds Uni-esiricied Total Funds Funds 2025 Fund5 2024 DONATIONS Donaiions Received 133,227 133,227 215,000 215,000 INVESTMENT INCOME Unresii-icied Total Funds Unreslricied Total Funds Flinds 2025 Fiinds 2024 Incerest Receivable 37 37 381 381 EXPENDITURE ON CHARITABLE ACTIVITIKS BY FUND TYPE Uni-estricted Total Funds Unrestricied Total Funds 2025 Funds 2024 Direcl charitable expenditure Support costs 134,830 4.553 134,830 4,553 139,383 265.802 4,878 265,802 4,878 139.383 270,680 270.680
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS I coiihiiiied) YEAR ENDED 31 MARCH 2025 EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE Grant funding Total funds ot activities Supporl co.sls 2025 Total fund 2024 Direct charitable expenditLii-e 134,830 4,553 139,383 270,680 SUPPORT COSTS Suppoi'l costs Total 2025 Total 2024 Governance costs 4,553 4,553 4,878 10. ANALYSIS OF GRANTS 2025 2024 GRANTS TO INSTITUTIONS Grants 10 instituli011s 134,830 134,830 265,802 ?65,802 Total granls All grant5 and donations were paid lo charitable insiiliili0115 foi (he purposes of either the advanceinent of ediication, the alleviation of poveriy or the furtherance of religion. The compo8iiioJi of doiialions i.s showii below. Gitter Foundation MifLI1 Tzedoko V'chesed Limited Mosdos Saimar Liinited Bels Ahai-oii Tru.st Kollel Torah Ve Yirah Limiied Ycshuos Shabbos Achisoindch String of Pearls - PeniniTn School Shiras Devorah Limiled Meic(17. Hatorah Belz Machnovka Heich¢ilei Hakodesh Cejitre Machiiovka Bclz Kollel Satinar Kollcl Veyoel Moshc Binyan Torah Limited Oihcr donations < £3.000 18,000 14,000 10,000 9,000 9,000 8,000 7,500 6,400 5,000 5,000 5,000 5,000 4,000 4,000 24,930 134,830 Total io-
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS I colihil¢d} YEAR ENDED 31 MARCH 2025 11. INDEPENDENT EXAMINATION FEES 2025 2024 Fees payable to the independent examiner for= Independent examination of the financial statemeiils 3,760 3.240 12. EMPLOYEE NUMBERS The average head count of elnployees. including trustees, during Ihe year was 2 (2024.. 2). No salaries or wages have been paid to employees during the year. 13. TRUSTEE REIVIUNERATION AND EXPENSES No remuTyeraiion or other benefits from employment with the chai-lty or a related entity were Teceived by the IsteeS. No trustee expenses have been incued. 14. CREDITORS: amounts falling due within one year 2025 2024 Oiher crediiors 13,240 13.240 15. ANALYSIS OF CHARITABLE FUNDS Unrestricted funds At 31 March 20 25 l April 2024 liicome Expenditure General fijnds 9,116 133,264 (139,383) 2,997 At 31 March 202 Ai l April 2023 Income Expenditure General funds 64,415 215,381 (?70,680) 9,116 li
TRUEMART LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS I YEAR ENDED 31 MARCH 2025 16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Total Funds Funds 2025 Currenl assets Creditors less thilT) l year Net assets 16.237 (13.240) 16,237 (13,240) 2,997 2,997 Uiirestricled Total Funds Funds 2024 Curreni assets Credilors less than l year Net assets 22,356 (13,240) 9,116 22,356 (13,240) 9,116 17. RF.LATED PARTIF.S Donations received inLludes amounls aggregating £67.700 IIoTn companies of which certain of the Irustees of this charity are directors and £42.980 from (he trustees of (his charity and their childlen. Oihei- creditors includes £10,000 due to a company of which the trusiees of this charity are directors. 12-