REGISTERED COMPANY I%U.VIBER: 05385704 (Englgnd and Wales) REGISTERED CHARITY NLMBER: 1111411 Report of the Trustees gnd Unaudlted FinAn¢lrdl Statements for the Year Ettded 31 ,March 2025 for Yedidlm Aswei*tion Ltd l ondon Accouniing Group Ltd
Yedldim As50CIAtion Ltd Rtport of the Trustees ror the Yer Ended 31 Mr¢h 2025 The trusfres who are also directors ofthe Lharily foi tlie purposes ofthe Companies Act ?006, present their report with th¢ financial stamentS of ihe chariry for the year ended 31 Imarch 2025. -1.he tnistees have adopted the provision2& of Accotjnting and Reporting by Charities.. StaieEnent of RecoEnmended Practice applicable to chaTilics preparing thcir accounts iti ttcoordance with th¢ Financial R¢porting Siaiidard applieabl¢ in tli¢ aiid Republic of [land (FRS 10?} (effective l January 2019). OBJECTIVES AND AcfTVITIES Ob}ectives and aims Thc ¢harity was fornied for the advancement of the orthodox Jewish faith, orthi)dox Jewish religious education, and the relief of poverty ia the orthodox Jewish ¢ommunity.To thi% end the charity h&8 made various grunts in the year under review. Publfit beneflt The tnjstees confiTm their complian¢e with the dury to hav¢ duc rcgard to the Public Benefit guidance published by th¢ charity Commission when reviewing the Charity's aims and objectiveb in planning tr]re activitie5. ACHIEVEMENTS AND PERFORMANCE During the year the charity rnised %ub$l8ntial fvnd.s, and applied a majority of the ftmds Tn grants in furtherance of its obje¢tiv¢s. FIYLNCIAL REVIEW During thc year, the chariry's incoming rc50urc¢s ¢x¢¢¢d¢d th¢ outgoing rcsourccs. Thc trustecs arc saiisficd with the results for the year and the chatity has surplus reserves. The trust¢ts do not seek ro mainthin res¢rv¢s. other than to ensure that they can continue the activiti¢s of the chariry. FLTTLTrE PLAYS TheTe are nu currcnt plan5 to change the activitie5 or rnodus operdndi in the fores¢¢abl¢ future. STRUCTURE, GOVERNLN'CE .WAGEMENT Coverning documellt The charity is controlled by its govcrning docum¢nL a deed of trust. and constirute.8 8 limiied company. limited by guarantee. as definert by the Companies Acr 2006. Recruitment and appointment of new Irllstees The cornpany 18 managed and controlled by the directors who are also the trnstees and meet regularly. It is not th¢ intention of the truste&s of the charity to appoint &ny new tDJStees. Should the situation change in the future, the trustees will apply suituble recruitment. training and induction procedures. Risk manAgement The trustees have identified atid reviewed the major risks to which the charity 1.4 exposed. Both manuAI and automated checks are Tegularly invokc& particularly those relating ro the operations and finance of the chaTity. The trnstees are satisfied ihai these systems and procedui'es mitigaie any pcrccived risks. REFERENCE AYD ADMINISTRATIVE DETAILS Registered Conwany number 05385704 (EnglaDd (d Wales) Registered Charity Dumber Reglstered office 122 Kyv¢rda]e Road London N166PR Trustoes Y Hortswiiz A Klein Page I
Yedidim Asso¢i•tion Ltd Report of the Trustees ltsr the Year Ended 31 March 2025 REFEREYI CE AND ADMINJSTRATIVE DETAILS Independent Examiner Adrian Hcllcr FCA London A¢¢ount?ng Group Ltd Approved by order ofthe board of trusiees on ............................................. and signed on ils behalf by.. A Kle&n - Tru5tce Page 2
llldependent Ex*mlDer's Report to the Trusteets of Yedfidim Association Ltd Independent eiaminer's report tTr the trusteey of Yedidlm Assnelmtion l.td ('the Cnmpany,) I report io the chariry trustees on my examination of ihe accounts of the c.ompany for the year ended .31 March 2025. RpOnSibl1111e$ and basis of TeporÉ As th¢ charity's InleeS of the Conwany (and also its directors for the purposes of company law) you are respoLsibl¢ hr the preparntion of the accounts in llccordance with the requiren]ents of the Conipanies Act 2006 {Wie 2006 ACV). Having satisfied myself that the accounts of the Company are not rcquircd to be audited under Part 16 of the 2006 Act and are cligible for independent examination, I report in reSpt of my examination OF your ch4rity's accowits as carri¢d out undei Section 145 of the Charities Act 2011 ('the 2011 Acl'}. In carrying out my examination I have followed the Dir¢¢tions given by the Charity Commission urtder Se¢tioii 145(5) (b) of th¢ 2011 Act. Independent ¢x&nJlner'$ $tatemellt I have completed my exan]inAtion. I confum that no matters hal'e come lo my attention in connection with Ihe examtll&tiOD giving me cause to belffieve." accounting records were iiot kcpl in respeci of Ihe Compjny as required by Section 3R6 of the 2006 Act,. or the accounts do not accord with thos¢ records: or the accounts do not comply '1th the accounting requirements of Section 396 of the 2006 Act other than any requirement that the 8CC04bnts givc a 1C and fair view which 114 not a mart¢r considered as part of an independenl ex&mination: or the accounts have nol been prepared in a¢¢ordance with the merhods and principl¢s of th¢ Sthtement of Recommended Pr&ctice for accounting and reporting by charities (appltcable to charilies preparing their accoLthts in accordance with the Financial Reporting Standard applicable in the LK and Republic of Ireland (FRS 102)). E have no concerns and have ¢om¢ across no other matters in connection with the examination to wh:ch attention should be drawn in this report in order to enable a proper understanding of the a¢¢ounts to bc reached. Adrian Hellcr FCA l.ondon Accounting Group Ltd Pa3
Yedidirn A550clatlon Ltd gtAl¢meDt of Pinancial A¢h'th'e$ for the Year Ended 31 March 2025 31.3.25 Total 31.3.24 Tot&1 lJnrestricted fijnd Restricted fijnd No5 INCOME LYD EDOwMETs FRO. Donations and le8acies 144.716 144.716 54.500 Investh]ent in¢ome 73,140 73,140 66.1193 Total 217.856 217,856 120.593 EXPENDITURE O Raisin8 funds 42.373 42.373 31,529 ChArltable etivlties Grants 87.473 66,402 3.803 3,803 897 Total 133.649 133,649 98.828 T INCOME 84.207 84.207 21,765 RECONCTLIATIOh' OF FUIIDS Total fvnds brought forward 1.030,961 .030,961 1.009,196 TOTAL FUNDS CARRIED FORWARD 1,115,168 R.115,168 1,030,961 Thc nolcs form pait of thtsc financial siateinenis Pagc 4
Yedidim A$elatIon Ltd BAIAnce Sheet 31 Mgreh 2025 31.3.25 Total fikn 31.3.24 Total fimds UnTestn¢led fimd Restricted .Notes FIXED ASSETS Tangible assets 1 ?50.000 1.250.0(X) 1.250.000 CURRENT ASSETS 106,260 3.468 106,260 3.468 37,807 4,952 C&sh at bank 109.728 109.728 42,759 CREDITORS Amowjts falling due within one yeAr (38,809) (38.809) (38,707) NET CURRENT ASSET.S 70.919 70,919 4,052 TOTAL ASSETS LE CURREYT LIABILITIES 1.320,919 1.320,919 1,254,052 CREDITORS AnK)unts falling due after more than one year {205,7511 (205,7511 (223.091) NF.T ASSETS 1.115.168 1.115,168 1.030.961 FUJYDS Unrestricted hnds 1.115,168 1.030,961 TOTAL FUNDS 1.115.168 1,030,961 The charithble Company is etttiiled to excmption from audit under S¢¢tion 477 of thc Companies ACT 2006 for the year cndcd 31 March 2025. The mernber.8 have noi required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in Bccordancc with Section 476 of the CoinpanÉes Act 2006. The tn]stccs acknowled8e their r¢sponsibilitics for (al ensuring that the charitable company keeps accounttng records that comply wilh Scctions J86 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the ststc of aff8¢irs of thc charitable company as at thc end of each tinancial ye<ir and of its surplus or deficit for each financial year in aLcordancc with the requircments of Seclions .394 and 395 and which otherwise comply with th¢ requirements of the Companies Act 2006 relating to financial 5talenyents. so far as applicable io the charitable company. (b) The noics fonn pan of these financidl gtaiements Page 5 contintsed...
Yedldlm Assocl4tion Ltd Bslance Sheet- eoDtlnued 31 Maroh 2025 The5c financial aleMents have been ptepared iii accoFdanLe wilh ihe provisions applicable to charitable companies subject to the small cotr4)anieb regime. The financial statements were approved by the Board of Trusiees and auiborised for issue ..7.9..-.7.Afl.. '..I:?IL and were signed on IL% behalf by.. on A YJein - Trustee Thc notcs forn pan of Ihese financial st31ements Page 6
Yedidlm As8oci&tioo Ltd Wote$ to the Flnallelil StAtements for the Year Ended 31 Vlareh 2025 ACCOUNTING POLICIES Basis of prepar5ng the financial st&temenls Thc fmancial statcmcnts of the charitablc company. whi¢h is a public bencfit cntity under FRS 102, have been prep.ed tn aecordanee with the Lharities S()RP IFRS 102) 'Accounting and Reporting by Charities.. Sthtemenl of Recommended Ptactic¢ applicable to charities preparing Iheir accounzs in accordance with the Financial Rcporting Standard applicable in the bK and Republic of Ireland IFRS 102) (effeciive l January 2019),, Financial Reportin8 Standard 102 'The Finaneial Reporting Standard applicable in the UK and Republic of Ireland, And the Companies Act ?006. The financial staternents have been PTepar¢d under the historical cost conventio Income All income is recognised in tlie Stateinent of Financi&l Activities once the charity has entitleillenl to the fimds, it Is probabl¢ that (he income will bc receivcd and Ihc amount can be measurcd rcliably. Expendlthre Liabilities are recognised as expenditurc as soon as thcrc is a legal or construciive obllgation committing the chariry io that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amouni of the obligallun can be measured reliably. ExpeDdilure is accounted for on an acLriJa15 basis and has been Clalfied under headings thai aggregaie all cost relaied to The ¢aie80ry. Wbere costs Lar]not be directly attributed io particul heading% they have been allocated io activities on a basis consistent with ibe use of resources. Grants offtred subject lo coxditions which have not becn met at the year end date are noted as * commitment bul not a¢crued as expendiDJrL. Allocatlon and Apportionment of costs Cjovernance costs include costs of the preparalion ot linancial statem¢nt5. the costs of trnSte¢ meetings and cost of any legal advice to trustces on 8ov¢rnance or cvn¥titulional matters. Tanglble fixed assetg Tnble fixed assets, comprised of investmeni property. is stated at thc truslees estimate of market vglue at the balance &h¢et date. Any aggrcgate surplus or dcficil arising from changcs in fair value is recognised in profit or loss. Taxatlon The charity is exempt from corporation lax on ils charitable aclivilies. Fund accountlng Unrcstricted funds can bc iis¢d in accordance with the charitabl¢ objcctives ai th¢ dlscrelion olthe trustees. Restrieted fvnds can only be used for partieular rcstricted purposcs within th¢ objects of the charity. Restriction5 arise when specified by the donor or when fiuKls raised for panicular restricted purEM)ses. Further explanation of the nature and purposc of each lld is included in the noi¢s to th¢ fir1Cial stsiements. Page 7 onlinued...
Yedidim Alelation Ltd V4otes to the Flnancll Statements- contlnued for the Year Ended 31 Mareh 2025 INVESTMEYT IThCOME 31.3.25 31.3.24 Renis reccived 73.140 66.093 RAISING FLINDS Investment man#gement Costs 31.3.25 31.3.24 Portfolio managemenl Int¢Test payable and similar ¢haTges 22.557 19.816 9,757 21,772 42,373 31,529 GRAYTS PAYABLE 31.3.25 31.3.24 GTants 87.473 66,402 The total gr4nts paid to institiONS during ihe year amounted to £87,47312024.. £66,402). Total grant8 paid is compTised as follows." BEL7. FOUNDATION LTD DOVER SHOLEM COMNIUNITY TRUST FRIENDS OF WIZNITZ LIMITED THE TAL.MUD TOILQII MACHZIKEI HADASS TRUST 10,500 31,783 20.000 25,190 B7.473 TRUSTEES, REMUNEKITION AND BEI%EFITS There were no trLEStee5' r¢rnuneration or other benefits for Ihe year ended 31 March 2025 nor for the year cnded 31 March 2024. Trustees, txpenses There wcre no tNstses' expenses paid foi the year ended 31 March 205 nor for the year cndcd 31 March 2024. TANGIBLE FIXED ASSETS Freehold property Long leasehold COST OR VALUATIO At l April 2024 and 31 Mar¢h 2025 450,000 800,0 1.250.000 NET BOOK VALUE At 31 March 2025 450.(M)O 800.000 1,250.000 Ai 31 March 2024 450.000 800,000 1,250.(M)O Page 8 continued...
Y¢didim Associatiott Ltd Notes to the Financial St74tements- contlnued for tbe Year Ended 31 March 2025 TANGIBLE FIXED ASSLTS- conilnued Cost or valuation al 31 March 2025 is repre8ented by.. Freehold property Lon8 leasehold Totals vutiOn in 2023 Valuation in 2016 Cost 130,000 78,163 241,837 160,0(H) 85,032 554.968 290.000 163.195 796,805 450.000 800,000 1,250.000 DEBTORS". AMOLFNTS FALI.ING DUE WITHIN OIIE YEAR 31.3.25 31.3.24 Trade debtors Other debtors 10.500 95.760 6.7?7 31.080 106,260 37,807 CREDm)RS: AMOUNTS FALLI.YG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Bank loans and overdrafts (see note 10) Trade creditors Other creditorb Accrued exper¢9 36.007 102 1.500 1.2(10 36,IK)7 1,500 1,200 38,809 38,707 CREDITORS: AMOUNTS FALT.tNG DUE AFTER MORE THAN ONE YEAR 31.3.25 31.3.24 Bank loans (see note 10) 205.751 223,091 io. LOANS An wmtysis of ihe maturity of loans is givcn below.. 31.3.25 31.3.24 Amounts falling due within one year on demand.. Bank loans 36.007 36,iN)7 Amounts falling bctwcen one and two years: Bank loans- 1-2 years 36.007 36.7 Amount5 falling due between two and five years.. Bank loans - 2-5 years 169,744 187.084 Page 9 continued...
Yedidim Assoclation Ltd Not¢s to the Flnanelal Statetnents- contlnued for the Year Ended 31 March 2025 MOVEMENf IN FUNDS rnovcment in fijnds At 3113125 At 114124 Unrestrlcted funds General nd 1,030,961 84.207 1.115.168 TOTAL FUNDS 1.030,961 84.207 1,115,168 Nei movemcnl in Ojnds. included in th¢ above are as follows: Incorning resources Resources expended Movement in fimds Lnre$tri¢ted fundi General fund 217,856 (133.649) 84,207 TOTAL FUNDS 217,856 (133,6491 84,207 Comparative$ for movement In funds Net movemenl in fid$ At 3113124 Ai 114123 Ullrestrleted funds General fund 1.009,196 21.765 1.030,961 TOTAL FUNDS 1,009,196 21.765 1.030,961 Comparative net mov¢ment in fun(Ls, included in the above are as follows: Incnming resources Regources expended Movement in ndS Unrestrlcted fund$ General fund 120,593 (98.828) 21,765 TOTAL FUNDS 120.593 (98.8281 21,765 Page 10 conliThued...
Yedldlm AssoclatioR Ltd Notes to the Financial Statements- eontlnued for the Year Ended 31 Msrch 2025 MOVEMENT IN FUYDS - eontlDued A current year 12 months and prior year 12 months Combined posiiion is as follows: Nei movemer.t in fi]nd5 Ai 3113125 Ai 114123 Unrestrtcted fund5 tienerdl fund 1.009,196 105,972 .115,168 TOTAL FUNDS 1.009.196 105,972 1,115,168 A cent year 12 months and prior ycar 12 months cnmbined net movement in funds. in¢luded tn the above are as follows.. InLuming sources Rcsources expcndcd Movement in funds Lurestrleted funds General fiu 338,449 (232,477) 105.972 TOTAL FU>s 338.449 (232.4771 105.972 12. RELATED PARTY DISCLOSb'RES Donations paid by the cbarity include th¢ following amounls which were paid lo charities whlch bav¢ trustces in common with Yedidim Association Ltd.. Bclz Foundaiion I. 10.5¢X) 13. COMPANY LIMITED B Y GUARANTEE The charitsble company is limiied by guarantee and does noi have share capital. The articleb of association of the company preclude the distribution of assets to members of the company accordingly a reconciliation of shareholders, funds is inappropriats. Pagcll