COMPANY REGISTRATION NUMBER: 5346506 CHARITY REGISTrATION NUMBEIL. 1109123 Oiraysa Limited Company Limited by Cuarantee Unaudited Finallcial Statements For the year ended 31 January 2024 COHEN ARNOLD Chartered accountants New Burlington House 1075 Finchley Road London NWII OPU Oiraysa Limited CompaDy Limited by Guarantee Financial Statements Year ended 31 January 2024 Pag Trustees, annual report (incorporating the directols report) Ito2 Independent e￿aMiner'S report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 6toll Oiraysa Limited Company Limited by Guarantee Trustees, Annual Report Oncorporating the Director's Report) Year ended 31 January 2024 The trustees, who are also the directors for the purposes of company lawg present their report and the unaudited financial statements of the charity for the year ended 31 January 2024. REFERENCE AND ADMtNISTRATIVE DETAILS Registered charity name Charity registration number Company registration number 5346506 Principal otTice 102 Darenth Road London N16 6ED Oiraysa Limited 1109123 Reglstered office New Burlington House 1075 Finchley Road London NWII OPU The trustees Mr Y Reichman Mr A Hoffinan Mrs H L Fuhrer Independent examiner Asher Sternlicht FCA Cohen Arnold New Burlington House 1075 Finchley Road London NWI I OPU STRUCTURE, GOVERNANCE AND MANAGEMEIYT The Charity is constituted as a Company Limited by Guarantee, and is therefore governed by its Memorandum and Articles of Association. The Trustees administer the day-to-day affairs of the Chartty. All Trustees give their time voluntarily and no benefit or expense wa5 paid to them in the year. It is not currently the intention of the Trustees of the Ch￿lty to appoint new Trustees. Should the situation change in the futur¢, the Trustees will provide suitable recruitment training and induction procedures. RISK MANAGEMENT The Trustees have identified and reviewed the major risks to which the Charity is exposed, in particular those relatÉng to the operations and finances of the Charity, and are satisfied that the systems ar¢ in place to manag¢ those risks. Oiraysa Limited Company Limited by Guarantee Trusteesl Annual Report Oncorporating the Director's Report) (eonllNHed) Year ended 31 January 2024 OBJECTIVES AND ACTIVITIES The Charity is established to promote any charitable purposes for the benefit of the members of the Orthixlox Jewish community and in particular the advancement of education and the relief of poverty, sickness, hardship and distress. The Trustees have established a Synagogue providing facilities for prayer, religious studies and communal activities as well as an advanced Theological College where students are able to study on a daily basis. The Charity utilised part of its incotne to make grants, the aggregate of which was £39,251. The Chariws income emanated principally from donations from other Charities. The Trustees confirni their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives and in planning future activities. ACHIEVEMEIYTS AND PERFORMANCE Daily services are held in the Synagogue and the college has attracted an average of 24 students. FIIYANCIAL REVIEW The financial position of the Charity is satisfactory. Income from donations aggregated £142,160. Total resources expended were £121,702 resulting in a net sU￿lUS of £20,458. The financial Tesults of the Charity's activities for the year to 31 January 2024 are fully reflected in the attached Financial Statements together with the Notes thereon. Reserves Policy It is the policy of the Charity to maintain unrestricted ￿llds at a level which the Trustees consider appropriate after tsking account of its future commitments. PLANS FOR FUTURE PERIODS The Charity plans to continue the activities outlined above in the forthcoming years subject to satisfactory incoming resources. SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies cxemption. The trustees, annual report was approved on .4 trustees by: . NlthJU4Èkgr..Z(Ql4nd signed on behalf of the board of Mrs H L Fuhrer Trustee Oiraysa Limited Company Limited by Guarantee Independent Examiner's Report to the Trustees of Oiraysa Limited Year ended 31 January 2024 I report to the trustees on my examination of the financial ststements of OiTaysa Limited ('the ch￿lty,) for the year ended 31 January 2024. RESPONSIBILITIES AND BASIS OF REPORT As the trILStees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the fmancial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and arc eligible for independent examinatio￿ I rcport in respect of my examination of the charity's accounts as carried out under seclion 145 of the Charities Act 2011 ('the 2011 Ad.). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT I have Completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. or the financial statements do not accord with those records. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent exarnination. or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this re￿rt in order to enable a proper understanding of the accounts to be reached. Asher Sternlicht FCA Cohen Arnold Independent Examiner New Burlington House 1075 Finchley Road London NWII OPU Oiraysa Limited Company Limited by Guarantee Statement of Financial Activities (including ineome and expenditure account) Year ended 31 January 2024 2024 Unrestrict¢d funds Total funds Tota] fLmds 2023 Note Income and endowments Donations and legacies Total income 142,160 142,160 142,160 82.130 142,160 82,130 Expenditure Expenditure on charitable activities Total expenditure (121,702) (121,702) (104,344) (121,702) (121,702) (104,344) Net incomel(expenditure) and net movement in funds 20,458 20,458 (22,214) Reconciliation of funds Total funds brought forward Total funds carried fO￿ard 934,812 934,812 957.026 955,270 955,270 934,812 The statement of fll]ancial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 6 to 11 form part of these financial statements. Oiraysa Limited Company Limited by Guarantee Statement of Financial Position 31 January 2024 2024 2023 Note Fixed assets Tangible fixed assets Creditors: amounts falling due withiD one year Net current liabilities 13 973,257 976,266 14 (17.987) (41,454) (17,987) 955270 (41,454) 934,812 Total assets less current liabilities Funds of the charity UDrestricted funds 955,270 934,812 Total charity funds 15 955,270 934.812 For the year ending 31 January 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statement5 for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of fInan¢ial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial statements were approved by the board of trustees and authorised for issue on p*.!