REGISTERED COMPANY NUMBER: 04857643 (England and Wales)
REGISTERED CHARITY NUMBER: 1101875
REPORT OF THE TRUSTEES AND
UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2024
FOR
PZC HAGSHAMA
Mdinek Fine LLP
Chartered Accountsnts
Flrst Hoor, WSnston House
349 Regents Park Road
London
N3 IDH

PZC HAGSHAMA
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGusf 2024
Page
Report of the Trustees
I to 2
Independent Examiner's Report
ststement of Flnanclal Activities
Balance Sheet
Notes to the Flnanclal Statements
6 to 10

PZC HAGSHAMA (REGIsfERED NUMBER: 04857643)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024
The trustees who are also directors of the charity for the purwlses of the Companie5 Act 20061 present thelr report wlth
the flnanclal ststements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of
Accountlng and Reportlng by Charitie5'. Statement of Recommended Practtce applicable to charities preparing thelr
accounts In accordance with the Flnandal Rewrting Standard applicable in the UK and Republlc of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Charltable objects
The objects of the charity are to promote and educate, both in the Unlted Kingdom and Worldwidei youth students and
the wlder publlc of all nationalitles and religlous denomlnatlons, In all aspects of Jewish life and Identlty, In Israel and the
Diaspora.
To achleve the objects, the Trust makes charStable donatlons and grants to Jew15h organlsatlons and other charities.
The trustees conflrm that they have referred to the gUIdan￿ contained in the Charity Commlssion's general guldance on
publlc beneflt and in partlcular to Its supplementary public beneff( guIdaft￿ on advancing education when revlewlng the
charlvs aims and objectives and in planning future activitles and settlng the grant making poliq for the year.
There have been no materlal changes Sn the objectlves or policles of the charlty durlng the year.
ACHIEVEMENT AND PERFORMANCE
Charitable artlvltles
During the year a totsl of £149,953 was distrlbuted to charltable Instltutlons.
FINANCIAL REVIEW
The Trustees malntaln a programme In accordance wlth the Trust's 5tsted objects.
The net Income for the year shows a surplus of £51,972. The surplus on unrestrlcted funds has been transferred to the
endowment funds in accordance wlth the Trustees, policy In prevlous years.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
Status
The Charity was Incorporated as a result of the dSversificatlon of World Hab3nim.
The charlty Is constituted as a limSted companyi limlted by guarantee, as defined by the Companles Act 2006 and is
governed by Its Memorandum and Ardcles of Association dated 6th August 2003.
Organlsatlonal strurture
The trustees meet throughout the year to conslder the various ways of advanclng the wlnclpal actlvltles of the trust, The
power to appolnt new trustees vests In the current board.
Risk management
The trustees have a duty to Identlfy and revlew the rlsks to whlch the charity is exposed ond to ensure approprlate
controls are in place to provtde reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
04857643 (England and Wales)
Registered Charity number
1101875
Registered office
First Floor, Winston House
349 Regents Park Road
London
N3 IDH
Page I

PZC HAGSHAMA (REGisrtRED IIUMOERI 04857643)
REPORT OF THE TRiisfEÉS
FOR THE YEAR ENDED 31 AUGiIST 2024
Ofer Sthohet
Oavtd Samp50n Teather
Ram Zdafee
Tom Sharon
Independent Examlner
Mr Dankl Flne, FCA
Mellnek Flne LLP
Qmrtered Accountants
Rrst Roor, Wfnston House
349 Regents Park Road
London
N3 IDH
If &)Lf
Approved by order of the board of tNstees on ...... .
. and slgned on Its l)ehalf trrf:
Ofer bknohet- T
P•3e 2

INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF
PZC HAGSHAMA
Independent examiner's report to the trustees of Pzc Hagshama ('the Company.)
I report to the challty tnjstees on my examinatson of the acciyjnts of the Company for the year ended 31 August 2024.
Responsibilities and basis of report
As the charity's trustee5 of the Company (and also its directOTS for the purposes of company law) you are responsible for
the prepar3tion of the accounts in accordance with the requlrements of the Companles Act 2006 (the 2006 Act,).
Havlng satlsfled myRlf that the accounts of the Company are not requlred to be audited under Part 16 of the 2006 Act
and are ellgible for Independent examination, I rewrt in respect of my examination of your charity's accounts a5 carrled
out under Sectioll 145 of the Charitie5 Art 2011 {'the 2011 Act,). In carrying out my examlnation I have followed the
Directlons g6ven by the Charlty CommLsslon under Sectlon 145(S) (b) of the 2011 ACL
Independent examiner's statement
I have completed my examination. I confirm that no rnatt￿5 have come to my attentlon In connectlon wlth the
examlnatlon glving me cause to believe:
accountlng records were not kept In respect of the Company as required by Sectlon 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requlrements of Sectlon 396 of the 2006 Art other than any
requirement that the accounts gNe a true and fair ￿e￿ whkh Is not a matter consldered as part of an
Independent examinatSon' or
the accounts have not been prepared in accordance wlth the methods and prlnclples of the Ststement of
Recommended Practlce for accountlng and reportlng by charlties (applicable to charitles preparlng thelr accounts
In accordance wlth the Flnanclal Reportlng Standard appllcable in the UK and Republic of Ireland (FRS 102)).
T have no concern5 and have come across no other matter5 In connection wlth the examinatlon to whlch attentlon should
be drawn in this repJrt In order to enable a proper understandlng of the accounts to be reached.
Mr Danlel Flne, FCA
Melinek Flne LLP
Chartered Accountsnts
Flrst Floor, Winston House
349 Regents Park Road
London
N3 IDH
20 June 2025
Page 3

PZC HAGSHAMA
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATXNG AN XNCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2024
2024
Total
funds
2023
Total
funds
Unrestritted
fund
Endowment
fund
Note5
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
177,523
177,523
Investment income
Other Income
ii,ooi
1,698
ii,ooi
1,698
11,582
12,544
Total
190,222
190,222
24,126
EXPENDITURE ON
Charltable actlvltles
Charitable actlvities
163,346
163,346
10,674
Net galn51(losses) on investments
25,096
25,096
(25,262)
NET INCOMEI{EXPENDITURE)
Transfers between funds
51,972
(51,972)
51,972
(11,810)
51,972
Net movement in funds
51,972
51,972
(11,810)
RECONCXLIATION OF FUNDS
Total funds brought forward
485h19
485,419
497,229
TOTAL FUNDS CARRIED FORWARD
537,391
537,391
485,419
The notes form part of these financial statements
Page 4

PZC HAGSHAMA (REGisfERED NIIMBERI 0485Y643)
BALANCE SHEET
31 AUGusf 2024
2014
2023
502,518
40,760
487.621
3,111
Cash ot bonk
543,278
490,732
CREDITORS
Amounts laNlng due vlthln one year
(5,887)
15J13)
NEf CURRENT ASSETS
537.391
485,419
TOTAL ASSEfs LESS CURRENT LIABILmts
537,391
485,419
NEYASSETS
537,391
485,419
FUNDS
En¢Jwment funds
537,391
485,419
TOTAL FUNDS
537,391
48S,419
7he tharftable cofflpanyls entlued lo exemptbn lffjm audlt under Sectloft 477 of the Companles *£t 21)06 for the y¢•r
end&1 31 August 2024.
Ihe members hm not ffqulred the company to otknln an oudlt ol Its nnancknl statemenls for Ihe year endLNJ
31 August 2024 In oca)rdance wllh Settlon 476 of the Comp4nlcs Act 2006.
The tru#ees acknovlage thelr responslblllues for
(a) e05uilng that the tharttable c¢mpJny keeps itt￿ntIng records that coTrWy wlth ScdlM$ 386 and 387 01 Ihe
Companl¢s Ad 21x16 and
(b) preparfty nnandal ststemerts whkh gt¥o i true and lalr of the stato ol aifals 01 tho charftsblo ctynp)ny Js
at the end of eath flnanclal year and of Its surplus or delklt lor ooch Ilnand)l year In accothnco wlth tho
rtyulrcments of *tbn5 394 and 395 jnd vknl¢h oiheFYlso comply wth tho requlromonts ol tho Companles Act
2006 ielattng to linJnclal statoments, so far as opplloble to ltho charftabfe company.
These flnandal statements havo been ￿epa￿d In acconlance hlth the wo¥tslons appllcablo to thailtablo companlos
subjert to th small compantes regFme.
The fln•ndBI statements weffj approwd ty the Board of Th15t¢u rffjd authorfsed for Issuo on
p.Lf.......... ond were sbned on Its behair ty:
Ihe notes ftimi (ln￿da1 slaternents

PZC HAGSHAMA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ACCOUNTING POLICIES
Basls of preparlng the financial statements
The financial statements of the charitable company, whlch Is a public beneflt entity under FRS 102, have been
prepared In accordance with the Charitles SORP (FRS 102) 'Accountlng and Reportlng by Charities.. Statement of
Recommended Practlce appllcable to charlties preparing thelr accounts in accordance wlth the Financlal Reporting
Standard applicable in the UK and Republlc of Ireland (FRS 102) (effertive l January 2019),, Financial Reportlng
Standard 102 'The Financial RetJ)rttng Stsndard applicaile in the UK and Republic of Ireland. and the Companles
Act 2006. The financlal statements have been prepar￿1 under the historical cost convenuon.
Flnantlal reporting standard 102 - reduced disclosure exemptlons
The charitable company has taken advantage of the following disclosure exemptlon In preparlng these flnanclal
statements, as permitted by FRS 102 Yhe Financlal Reportlng Standard applicable In the UK and Republlc of
Irelond,;
the requlrements of Section 7 Statwnent of Cash Fbws.
Income
All Income is recognlsed In the Ststement of Flnanclal ArtlvStles once the charfty has entitlement to the funds, St is
probable that the income wlll be rec￿Ved and the amount can be measured ￿lab[y.
Expendlture
Liabllltle5 are recognlsed as expendlture as soon as there is a legal or constructlve obllgatlon commltting the
charlty to that expendlture, it Is probable that a transfer of economlc benefits wlll be requlred In settlement and
the amount of the obligatlon can be measured rellably. Expendlture is accounted for on an accruals basis and has
been classlfled under headlngs that aggregate all cost related to the category. Where costs cannot be dlrectly
attrlbuted to particular headlngs they have been allocated to athvltles on a basls conslstent wlth the use of
reSour￿s.
Grants offered subjett to condltlons whlch have not been met at the year end date are noted as a commltment
but not accrued as expendlture.
Taxatlon
The charlty Is exempt from corpjratlon tsx on tts charltable artlvltle&
Foreign currencles
Assets and Ilabllitles In forelgn currencles are translated Into Sterling at tbe rates of exchange rullng at the
balance sheet date. Transaction5 in foreign currencles are translated Into sterling at the rate of exchange rullng
at the date of transaction. Exchange dIffe￿nCeS are taken Into account In arrmng at the operatlng result.
Flnanclal Instruments
A flnanclal asset or a flnanclal liabillty Is rec(KJnised only when the entity becomes a paty to the contractual
provisions of the Instrument.
Baslc financial instruments are initlally recognised at the transactlon wice, unless the arrangement constltutes a
flnanclng transaction, where it is recognised at the present value of the future ptyments discounted at a market
rate of interest for a similar debt Instrument.
Debt Instrurnents are subsequently measured at amortised cost unle55 they are classified as receivable wlthin one
year In which case they are measured at the undiscounted amount of the cash or other conslderation expected to
be received net of Impalrment.
Flnanclal Ilabllltles that are classffled as payable within one year ue subsequently measured at the und15counted
amount of the cash or other conslderatlon expected to be pard.
Financial assets and liabilities are offset and the net amount rewjrted in the Balan￿ Sheet when there Is an
enforceable rlght to set off the recognlsed amounts and there Is an intention to settle on a net basls or to reali5e
the asset or settle the liability simultanetjusly.
Page 6
contlnued...

PZC HAGSHAMA
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 AUGUST 2024
INVESTMENT INCOME
2024
2023
DlvSdends
Deposlt account interest
CutT asset Investment Inc￿le
5,923
15
5,063
5,968
5,609
ii,ooi
11,582
TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remuneratlon or other b￿efits for the year ended 31 August 2024 nor for the year
ended 31 August 2023.
Trustees, expenses
There were no trustees, eX￿nSeS pald for the year ended 31 August 2024 nor for the year ended
31 August 2023.
COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTIvrrIES
Unrestricted
fund
Endowment
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Investment income
Other income
11,582
12,544
11,582
12,544
Total
24,126
24,126
EXPENDITURE ON
Charitable artivitiei
Charltable actlvitles
10,674
10,674
Net galnsl(losses) on Investments
(25,262)
(25,262)
NEf INCOMEI(EXPENDITURE)
Transfers between funds
(11,810)
11,810
(11,810)
(11,810)
Net movement In funds
(11,810)
(11,810)
RECONCILIATION OF FUNDS
Total funds brought forward
497,229
497,229
TOTAL FUNDS CARRIED FORWARD
485,419
485,419
Page 7
continued...

PZC HAGSHAMA
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024
CURRENT ASSET INVESTMENTS
2024
2023
other investments
502,518
487,621
Investment with London and Capital
CREDITORS: AMOUNTS FALLING DUE wrfHIN ONE YEAR
2024
2023
Other creditors
Accruals and deferred Income
415
5,472
1,154
4,159
S,887
5,313
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
funds
2023
Total
funds
Unre*rlcted
fund
Endowment
fund
Current assets
Current Ilabllltles
1,561
(1,561)
541,717
(4,326)
543,278
(5,887)
490,732
(5,313)
537,391
537,391
485,419
MOVEMENT IN FUNDS
Net
movement
In funds
Transfers
be￿een
funds
At
31.8.24
At 1.9.23
Unrestrirted funds
General fund
51,972
(51,972)
Endowment funds
Endowment funds
485,419
51,972
537,391
TOTAL FUNDS
485,419
51,972
537,391
Net movement In funds, Included in the a￿￿$Ve are as follows:
Incomlng
resources
Resources
expended
Galns and
losses
Movement
in funds
Unrestrlcted funds
General fund
190,222
(163,346)
25,096
51,972
TOTAL FUNDS
190,222
(163,346)
25,096
51,972
Page 8
continued...

PZC HAGSHAMA
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 AUGUST 2024
MOVEMENT IN FUNDS - continued
Comparatives for movemert ift funds
Transfers
bel￿een
fund5
movement
in fund5
At
31.8.23
At 1.9.22
Unrestrlrted funds
General fund
(11,810)
11,810
Endowment funds
Endowment funds
497,229
(11,810)
485,419
TOTAL FUNDS
497,229
(11,810)
485,419
Comparatlve net movement In funds, Induded In the ab)ve are as follovts:
Incoming
resources
Resour
expended
Gains and
losse5
Movement
In funds
Unrestrlcted funds
General fund
24,126
(10,674)
(25,262)
(11,810)
TOTAL FUNDS
24,126
(10,674)
(25,262)
(11,810)
A current year 12 months and prlor year 12 months comblned positSon Is as follows..
Net
movement
In funds
Transfers
bel￿een
funds
At
31.8.24
At 1.9.22
Unrestrlcted funds
General fund
AKI,162
(40,162)
Endowment funds
Endowment funds
497,229
40,162
537,391
TOTAL FUNDS
497,229
40,162
537,391
A current year 12 months and proor year 12 months comblned net movement In funds, Included in the above are
as follows:
Incomlng
resour￿5
Resources
expended
Galns and
losses
Movement
In funds
Unrestrirted funds
General fund
214,348
(174,020)
(166)
40,162
TOTAL FUNDS
214,348
{174,020)
(166)
40,162
Page 9
continued...

PZC HAGSHAMA
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGusf 2024
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 August 2024.
Page 10