CHARITY REGISTRATION NUMBER: 1102212 Keren OHR Unaudited Financial Statements 31 December 2024 BRINDLEY GOLDSTEIN LIMITED Chartered accountants 103 High street Waltham Cross EN8 7AN Keren OHR Financial Statements Year ended 31 December 2024 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Statement of cash flows Notes to the financial statements Keren OHR Trustees. Annual Report Year ended 31 December 2024 The trustees present their report and the unaudiled financial statements of the charity for the year ended 31 December 2024. Reference and adminislrative details Regisiered charity name Keren OHR Charity registration number 1102212 Principal office 33 Osbladeston Road London N16 7DU The trustees A. Gross C. Y. Y. Horowitz C. Y. Klapholtz Independent examiner Charles Goldstein FCA 103 High street Waltham Cross EN8 7AN Structure, governance and management The Charity was constituted by trust deed dated 10 December 2003 and was registered as a charity on 19 February 2004. Objectives and activities The Charitvs objective is the relief of povety and to promote the Orthodox Jewish Faith. Achievements and performance During the year under review. the charity received donations amounting to £332,110 (2023.. £482,867) and achieved a surplus of income over expenditure amounting to £64,232 {2023: Deficit £13,604). Financial review The financial results of the Charity's activities for the year are reflected in these financial statements. together with the notes thereon. The trustees are satisfied with the results for the year. Keren OHR Trustees. Annual Report (continued) Year ended 31 December 2024 The trustees. annual report was approved on 23 October 2025 and signed on behalf of the board of trustees by.. C. Y. Y. Horowitz Trustee Keren OHR Independent Examiner's Report to the Trustees of Keren OHR Year ended 31 December 2024 I report to the trustees on my examination of the financial statements of Keren OHR I'the charity'l for the year ended 31 December 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial slatements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charivs financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examiner's slatement Since the charity's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEW). which is one of the listed bodies. I have completed my examination. I confirm thal no material matters have come lo my attention in connection wilh the examination giving me cause to believe thal in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the the financial statements do not accord with those records- or the financial statements do not comply with the applicable requirements concerning the form and content 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 examinalion lo which allention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Charles Goldstein FCA Independent Examiner 103 High street Waltham Cross EN8 7AN 23 October 2025 Keren OHR Statement of Financial Activities Year ended 31 December 2024 2024 Unreslricted funds Total funds Total funds 2023 Note Income and endowments Donations and legacies Total income 332,110 332,110 482,867 332.110 332,110 482,867 Expenditure Expenditure on raising funds: Costs of raising donations and legacies Expenditure on charitable activities Total expendilure 266.858 1.020 266,858 1,020 492,425 4.046 267.878 267,878 496,471 Net incomel(expendilure) and net movement in funds 64.232 64,232 (13.6041 Reconciliation of funds Total funds brought forward Total funds carried forward 308 308 13.912 64,540 64,540 308 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 7 10 11 form part of Ihese financial slatemenls. Keren OHR Statement of Financial Position 31 December 2024 2024 2023 Note Current assets Cash at bank and in hand 65,620 848 Creditors: amounis falling due within one year Net current assets 1,080 540 64,540 308 Total assets less current liabilities 64,540 308 Net assets 64,540 308 Funds of the charity Unrestricted funds 64,540 308 Total charily tunds 12 64,540 308 These financial statements were approved by the board of truslees and authorised for issue on 23 October 2025, and are signed on behalf of the board by: C. Y. Y. Horowitz Trustee The notes on pages 7 10 11 form part of Ihese financial slatemenls. Keren OHR Statement of Cash Flows Year ended 31 December 2024 2024 2023 Cash flows from operating activities Net incomel(expenditurel 64,232 113,6041 Adjustments for.. Accrued expenses 190 Changes in." Trade and other creditors 540 {6731 114,0871 114.0871 Cash generated from operations Net cash fromllused in) operating activities 64,772 64,772 Net increasel{decrease) in cash and cash equivalenls Cash and cash equivalenls al beginning ot year Cash and cash equivalenls at end of year 64,772 848 114,087) 14,935 65,620 848 The notes on pages 7 10 11 form part of Ihese financial slatemenls. Keren OHR Noles to the Financial Statements Year ended 31 December 2024 General information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 33 Osbladeston Road, London. N16 7DU. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP {FRS 102)) and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared on the historical cosl basis, as modified by the revaluation of certain financial assets and liabililies and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no material uncertainties about the chariws ability to continue. Judgements and key sources of eslimalion uncertainty There are no judgements and estimates. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of sub-classes: restricted income funds or endowment funds. Keren OHR Noles to the Financial Statements (continued) Year ended 31 December 2024 Accounting policies (conllnued) Incoming resources All incoming resources are included in the slatement of financial activities when entitlement has passed lo the charity- it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from Ihe cost to the donor or the estimated resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contraclual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannol be fully recovered, and is classified under headings of the statemenl of financial activities to which it relates- expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls attributable lo a single activity are allocated directly to that activity. Shared cosls are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Keren OHR Noles to the Financial Statements (continued) Year ended 31 December 2024 Accounting policies (conllnued) Financial instruments (continued) Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments. including derivatives. are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial inslrumenls are subsequently measured at fair value, with any changes recognised in the statement of financial activities, wilh the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, Ihese are assessed individually for impairment. Olher financial assels are either assessed individually or grouped on the basis of similar ciedil risk characterislics. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Donations and legacies Unrestricted Toial Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations Donations 332.110 332.110 482,867 482,867 Costs of raising donations and legacies Unrestricted Total Funds Unreslricled Total Funds Funds 2024 Funds 2023 Costs of raising donations and legacies Donations 266,858 266,858 492,425 492,425 Keren OHR Noles to the Financial Statements (continued) Year ended 31 December 2024 Expenditure on charitable activities by fund type Unrestricted Toial Funds Unrestricted Total Funds Funds 2024 Funds 2023 Support costs 1.020 1.020 4,046 4,046 Expendilure on charitable aclivities by activity type Total funds 2024 Total fund 2023 Support costs Governance costs 1.020 1,020 4,046 Independent examination fees 2024 2023 Fees payable to the independent examiner for: Independenl examination of the financial statements 540 540 Staff costs The average head count of employees during the year was Nil {2023= Nill. No employee received employee benefits of more than £60.000 during the year {2023: Nill. 10. Trustee remuneration and expenses There were no trustees, remuneration or other benefits during the year ended 31 December 2024. There were no trustees. expenses paid for during the year ended 31 December 2024. 11. Credilors: amounls falling due within one year 2024 2023 Accruals and deferred income Other creditors 540 540 540 1,080 540 10 Keren OHR Noles to the Financial Statements (continued) Year ended 31 December 2024 12. Analysis of charilable funds Unrestricied funds At 1 January 202 Al 31 December 2024 Income Expenditure General funds 308 332.110 (267,878) 64,540 At 1 January 202 At 31 December 2023 Income Expenditure General funds 13.912 482.867 1496,471) 308 13. Analysis of net assets between funds Unrestricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assels 65,620 11,080) 64,540 65,620 (1 ,080) 64,540 Unrestricted Total Funds Funds 2023 Current assets Creditors less than 1 year Net assels 848 {540) 308 (540) 308 14. Analysis of changes in net debl At Al 1 Jan 2024 Cash flows 31 Dec 2024 Cash at bank and in hand 848 64,772 65,620