Charity registration number: 1098839
CHOFETZ CHAIM TRUST FOUNDATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
Chofetz Chaim Trust Foundation Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 9 |
Chofetz Chaim Trust Foundation
Trustees' Report For The Year Ended 30 June 2025
The trustees present their report and the financial statements for the year ended 30 June 2025.
Objectives and Activities
Aims and Objectives
The charity supports the ones studying the Jewish texts. It also helps relieves financial hardship in particular but not exclusively by the provision of grants.
Public Benefit
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Financial Review
Financial Position
The trustees are satisfied with the results.
The charity received £124,538 in donations and legacies during the year. Surplus carried forward is £8,545.
Reserves Policy
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure, and they feel fortunate in having been able to maintain that level of reserves.
Pans For The Future
As part of our ongoing plans for the future, we are looking to carry on with our successful work and are constantly fundraising to cover our expenses.
Reference and Administrative Details
Trustees
Mr J Englander - Chair Mrs S Englander Mr P Smith
Charity Number
1098839
Principal Address
Flat 4, Alexandra House 104 Bouverie Road London N16 0AQ
Independent Examiner
Samuel Feigenblatt FCCA LONDON ACCOUNTING GROUP LTD 26 Theydon Road London E5 9NA
Page 1
Chofetz Chaim Trust Foundation Trustees' Report (continued) For The Year Ended 30 June 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr J Englander Trustee 28/06/2026
Page 2
Chofetz Chaim Trust Foundation Independent Examiner's Report to the Trustees of Chofetz Chaim Trust Foundation For The Year Ended 30 June 2025
I report to the trustees on my examination of the accounts of Chofetz Chaim Trust Foundation (the Trust) for the year ended 30 June 2025.
Responsibilities and Basis of Report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents 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 accounts to be reached.
Samuel Feigenblatt FCCA 28/06/2026 26 Theydon Road London E5 9NA
Page 3
Chofetz Chaim Trust Foundation Statement of Financial Activities For The Year Ended 30 June 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Charitable activities: 4 Charitable activities Governance costs NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8 |
2025 Unrestricted funds £ 143,694 |
2024 Unrestricted funds £ 124,538 |
|---|---|---|
| (139,825) (10,917) |
(116,563) (5,245) |
|
| (150,742) | (121,808) | |
| (7,048) | 2,730 | |
| (7,048) 8,545 |
2,730 5,815 |
|
| 1,497 | 8,545 |
The notes on pages 6 to 8 form part of these financial statements.
Page 4
Chofetz Chaim Trust Foundation Statement of Financial Position As At 30 June 2025
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 7 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 8 On behalf of the board Mr J Englander Trustee 28/06/2026 |
2025 Unrestricted funds £ 2,337 |
2024 Total funds £ 9,961 |
|---|---|---|
| 2,337 (840) |
9,961 (1,416) |
|
| 1,497 | 8,545 | |
| 1,497 | 8,545 | |
| 1,497 | 8,545 | |
| 1,497 | 8,545 | |
| 1,497 | 8,545 | |
The notes on pages 6 to 8 form part of these financial statements.
Page 5
Chofetz Chaim Trust Foundation Notes to the Financial Statements For The Year Ended 30 June 2025
1. General Information
Chofetz Chaim Trust Foundation is an unincorporated charity registered with the Charity Commission, registered charity number 1098839. The principal address is Flat 4, Alexandra House, 104 Bouverie Road, London, N16 0AQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
2.3. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of resources.
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| . Income from Donations and Legacies |
||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Donations and gifts | 143,694 | 124,538 |
4. Analysis of Expenditure
| Charitable activities Governance costs |
Grant funding of activities £ 139,825 - |
Support costs (see note 5) £ - 10,917 |
2025 Total £ 139,825 10,917 |
|---|---|---|---|
| 139,825 | 10,917 | 150,742 |
Page 6
Chofetz Chaim Trust Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025
| Charitable activities Governance costs 5. Support Costs Premises expenses General administration Interest payable Premises expenses General administration Interest payable 6. Average Number of Employees Average number of employees during the year was: NIL (2024: NIL) 7. Creditors: Amounts Falling Due Within One Year Accruals and deferred income |
Grant funding of activities £ 116,563 - |
Support costs (see note 5) £ - 5,245 |
2024 Total £ 116,563 5,245 |
|---|---|---|---|
| 116,563 | 5,245 | 121,808 | |
| 2025 £ 840 |
2025 Governance costs £ 10,000 840 77 |
||
| 10,917 | |||
| 2024 Governance costs £ 3,710 720 815 |
|||
| 5,245 | |||
| 2024 £ 1,416 |
Page 7
Chofetz Chaim Trust Foundation Notes to the Financial Statements (continued) For The Year Ended 30 June 2025
8. Movement in Funds
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 July 2024 £ 8,545 |
Income £ 143,694 |
Expenditure £ (150,742) |
As at 30 June 2025 £ 1,497 |
|---|---|---|---|---|
| 8,545 | 143,694 | (150,742) | 1,497 | |
| As at 1 July 2023 £ 5,815 |
Income £ 124,538 |
Expenditure £ (121,808) |
As at 30 June 2024 £ 8,545 |
|
| 5,815 | 124,538 | (121,808) | 8,545 |
9. Transactions with Trustees
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
| 2025 | 2024 |
|---|---|
| £ | £ |
10. Related Party Disclosures
Page 8
Chofetz Chaim Trust Foundation Detailed Statement of Financial Activities For The Year Ended 30 June 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts EXPENDITURE ON: Charitable Activities: Charitable activities Grants to institutions Grants to individuals Governance costs Rent Accountancy fees Bank charges NET (EXPENDITURE)/INCOME |
2025 Total funds £ 143,694 |
2024 Total funds £ 124,538 |
|---|---|---|
| 143,694 | 124,538 | |
| 143,694 (25,000) (114,825) |
124,538 - (116,563) |
|
| (139,825) (10,000) (840) (77) |
(116,563) (3,710) (720) (815) |
|
| (10,917) | (5,245) | |
| (150,742) | (121,808) | |
| (7,048) | 2,730 |
Page 9