coTrtPANY REGISTRATION NUMBER: 5346506
CIL4RITY REGISTRATION NUMBER: 1109123
Oiraysa Limited
Company Limited by Guarantee
Unaudited Financial Statements
For the year ended
31 January 2025
COHEN ARIYOLD
Chartered accountants
New Burlington House
1075 Finchley Road
London
NWI I OPU

Oiraysa Limited
Company Limlted by Guarantee
Financial Statements
Year ended 31 January 2025
Pages
Trustees, annual report (Inco￿OratIng the director's report)
Ito3
Independent examiner's report to the trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Notes to the financial statements
7t012

Oiraysa Limited
Company Limited by Guarantee
Trustees, Annual Report Oncoryorating the Director's Report)
Year ended 31 January 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 January 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered cbarity nanie
Oiraysa Limited
Charity registration number
1109123
Company registration number 5346506
Principal office
102 Darenth Road
London
N16 6ED
Registered oifice
New Burlington Hous¢
1075 Finchley Road
London
NWII OPU
The trustees
Mr Y Reichman
Mr A Hoffinan
Mrs H L Fuhrer
IDdependeDt exgdminer
Asher Sternlicht FCA
Cohen Arnold
New Burlington House
1075 Finchley Road
London
NWII OPU
STRUCTURE, GOVERNAIYCE AND MANAGEMENT
The Charity is constituted as a Company Limited by Guarantee, and is therefore gov¢med by its
Memorandum and Articles of Association.
The Trustees administer the day-to-day affairs of the Charity. All Truste¢s give their time voluntarily
and no benefit or expense was paid to them in the year.
It is not currently the intention of the Trustees of the Charity to appoint new Trustees. Should the
situation change in the future, the Trustees WAII provide suitable recruilment training and induction
procedures.
RISK MANAGEMENT
The Trustees have identified and reviewed the major risks to which the Charity is exposed, in
particular those relating to the operations and finances of the Charity, and are satisfied that the systems
are in place to manage those risks.

Oiraysa Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Directorls Report) (coAllnued)
Year ended 31 January 21125
OBJECTIVES AND ACTIVITIES
The Charity is established to promote any charitable puryoses for the benefIt of the members of the
Orthodox 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 income to make grants, the aggregate of which was
£36,173.
The Charity's 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.
Grant-MAking Policy
Our charity is committed to supporting advanced Torah learning and community enrichment. The
grant-making process ensures that funds are allocated transparently, equitably, and effectively to
maximiz¢ their impact on Kollel scholars and their families.
ACHIEVEMENTS AND PERF0RLTr￿NCE
Daily services are held in the Synagogue and the college has attracted an average of 24 students.
Fll¥ANCIAL REVIEW
The financial position of the Charity is satisfactory.
Income from donations aggregated £103,267. Total resources expended were £114,441 resulting in net
expenditure of £11,174.
The financial results of the Charity's activities for the year to 31 January 2025 are fully reflect¢d in the
attached Financial Statements together with the Notes thereon.
Reserves Policy
It is the policy of the Charity to maintain unrestricted funds at a level which th¢ Trustees consider
appropriate after taking 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 exemption.

Oiraysa Limited
Company Limited by Guarantee
Trnstees, Annual Report Oncorporating the Director's Report) fconÉlnue
Year ended 31 January 2025
The trustees, annual report was approved on *. and signed on behalf of the b0￿d of
trustees by:
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 2025
I report to the trustees on my examination of the financial statements of Oiraysa Limited ('the charity,)
for the year ended 31 January 2025.
RESPONSIBILITIES AM) BASIS OF REPORT
As the trustees of the company (and also its directors for the pU￿oseS of company law) you are
responsible for the preparation of the financial statements in accordance with the requirernents 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 are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
ll￿EPENDENT EXAMINER'S STATEMENT
I have completed my examination. l confirni that no matters have come to rny attention in connection
with the examination giving me cause to believe:
accounting records were not k¢pt in respect of the charity a5 required by section 386 of the
2006 Act, or
the financial ststements 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 examination. 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 R¢public of Ireland (FRS 102).
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.
Asher Slei'nliclit 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 income and expenditure account)
Year ended 31 January 2025
2025
Unrestrictcd
funds Total funds Total funds
2024
Note
Income and endowmeDts
Donations and legacies
Total income
103,267
103,267
103,267
142,160
103,267
142.160
Expenditure
Expenditure on charitable activities
Total expenditure
(114.441) (114,441) (121,702)
(114,441) (114,441) (121,702)
Net (expenditure)lillcome and net movement in funds
(11,174)
(11,174)
20,458
Reconciliation of funds
Total funds brought forward
Total fuDds carried fornard
955,270
944,096
955,270
934,812
944,096
955,270
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The Dotes on pages 7 to IZ form part of these financial statements.

Oiraysa Limited
Company Limited by Guarantee
Statement of Financial Position
31 January 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
Creditors: amounts falling due
within one year
Net current liabillties
13
976,148
973,257
14
(32,052)
(17.987)
(32,052)
944,096
(17,987)
955,270
Total assets less current liabilities
Funds of the charity
Unrestricted funds
944,096
944,096
955,270
955.270
Total charity funds
15
For the year ending 31 January 2025 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 ststements 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 financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These finaiicial stateinents were approved by tlie board of trustees and authorised for issu¢ on
.hL'Vi:NgAc2.gand ar¢ signed on bel)alf of the board by:
Mr A Hoffinan
Trustee
Mrs H L Fuhrer
Trustee
The notes on pages 7 to 12 form Part of these finaneial statements.

Oiraysa Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year eDded 31 January 2025
General illforn12tion
The charity is a public benefit entity and a private Company limited by guarantee, registered in
England and Walcs and a registered charity in England and Wales. The address of the registered
office is New Burlington House, 1075 Finchley Road, London, NW I J OPU.
Stalement 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 (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
Th¢ financial ststements hav¢ been prepared on the historical cost basis, as modified by the
revaluation of certain financial ass¢ts and liabilities 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 charity's ability to continue. Any deficiency in
funding will ultimately be met by the Trustees personally.
Judgements and key sources of estimatioD uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectstions of
future events that are believed to be reasonable under the circumstances.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purpos¢s.
Designated funds are unrestricted funds eannarked 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 tenns of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.
Incoming resources
All incoming resources are included in the statement of financial actiVAties when entitlement has
passed to 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.
Income from donations or grants is recO￿lis£d when there is evidence of cntitlement to the gift,
receipt is probable and its amount can be measured reliably.

Oiraysa Limited
Company Limited by Gllarantee
Notes to the Financial Statements (conlinued)
Year ended 31 January 2025
Accounting policies (eonlinued)
Resources expended
Expenditure is recognised as soon as there is a present obligation Cominitting the Charily to pay
out resources, it is probable that a transfer of economic benefits will be required in settlement and
the amount can be measured or estimated reliably.
Support costs
Support costs are those costs which are common to all areas of the organisation. These are
allocated across all areas of activity on the basis of the number of service users for each activity.
Governance costs
Governance costs are associated with the governance arrangements of the charity and relate to
the general running of the charity. These costs include audit, legal advice for Trustees and costs
associated with meeting constitutional and statutory requirements such as the cost of Trustee
meetings and the preparation of the statutory accounts.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depr¢ciation and impairnient.
No depreciation is provided in respect of land and building on the basis that, in the opinion of the
Trustees, this accounting policy results in the Financial Statements giving a true and fair view.
DepreciatioD
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Fixtures and fittings
30 % reducing balance
Equipment
200/0 straight line
No depreciation is charged on the freehold land and buildings owned by the Charity.
Impalrment of fixed assets
A review for indicators of impainnent is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairnients are also reviewed for
possible reversal at each reporting date.

Oiraysa Limited
Company Limited by Guarantee
Notes to the Financial Statements (conrflmuedj
Year ended 31 January 2025
Accounting policies (coniinued)
Finaneial instruments
A financial asset or a financial liability is recognised only when the entity becomes a paty to th¢
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where it
is recognised at the present value of the future payments discounted at a market rate of interest
for a similar debt instrument.
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.
Limited by guarantee
The company is limited by guarantee.
Donations And legacies
Unrestricted Total Funds Unr¢stricted Total Funds
Funds
2025
Funds
2024
Donations
Donations Received
103,267
103267
142,160
142,160
No conditions were attached to any donations.
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unr¢stricted Total Funds
Funds
2025
Funds
2024
Grant funding activities
Provision of Synagogue facilities for
communal use
Support costs
36,173
36,173
39,251
39,251
73,254
5,014
114,441
73,254
5,014
74,151
8,300
74,151
8,300
121,702
114,441
121,702

Oiraysa Limited
Company Limited by Guarantee
Notes to the Financial Statements (comllnue
Year ended 31 January 2025
ExpeDditure on charitable activities by activity type
Activities
undertaken
directly Support costs
Total funds
2025
Total fund
2024
Grant funding activities
Provision of Synagogue facilities for
communal use
Governance costs
36.173
36,173
39,251
73,254
73254
5,014
114,441
74,151
8,300
5,014
109,427
5,014
121,702
Analysis of grants
2025
2024
Grants to individuals
36,173
39,251
Net (expenditure)lincome
Net (¢xpenditure)lincome is stated after chargingJ(crediting):
2025
2024
Depreciation of tsngible fixed assets
6,923
4,541
10. Independent examination fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of th¢ financial statements
3,240
3,140
11. Staff costs
The total staff costs and employee benefits for the reporting period ar¢ analysed as follows:
2025
2024
Wages and salaries
10,645
The average head count of employees during the year was Nil (2024: 1).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
12. Trustee remuneration and expeDses
No Trustees have been paid any remunerdtion or received any other benefits from the charity.
io

Oiraysa Limited
Company Limited by Guarantee
Notes to the Financial Statements (eonlinued)
Year ended 31 January 2025
13. TangAble r￿ed assets
Land and Fixtures and
buildings
flttings
Equipment
Total
Fair value/Cost
At l February 2024
Additions
963.715
7.810
7,187
14,997
26,057
2,627
997￿82
9,814
1,007?96
At 31 January 2025
Depreciation
At l February 2024
Charge for the year
At 31 January 2025
Carrying amount
At 31 January 2025
At 31 January 2024
963,715
28,684
6.727
2,481
9,208
17,598
4,442
22,040
24J25
6,923
31,248
963,715
5,789
1,083
6,644
8,459
976,148
963,715
973,257
14. Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
Social security and other taxes
Other creditors
20,775
105
11,172
32,052
10,053
92
7,842
17,987
IS. ADalysls of charitable funds
UDrestricted funds
At
l February
2024
At
31 January
2025
Income Expenditure
General funds
955,270
103,267
(114,441)
944,096
At
l February
2023
At
31 January
2024
Income Expenditure
General funds
934,812
142,160
(121,702)
955,270
li

Oiraysa Limited
Company Limited by Guarantee
Notes to the Financial Statements (eondllue
Year ended 31 January 2025
16. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2025
Tangible fixed assets
Creditors less than l year
Net assets
976,148
(32.052)
944.096
976,148
(32,052)
944,096
Unrestricted Totsl Funds
Funds
2024
Tangible fixed assets
Creditors less than l year
Net assets
973,257
(17,987)
955,270
973.257
(17,987)
955,270
17. Related partie8
There have b¢en no related paty transactions in the reporting period that require disclosure.
12