REGISTERED COMPANY NUMBER: 05385704 (England and Wales) REGISTERED CHARITY NUMBER: 1111411 Report of the Trusttts and Unaudited Financial Statements for the Year Ended 31 March 2026 for Yedidim As50ciatiL>n Ltd LondoTh A¢)unting Group Ltd
Yedidirn Association Ltd Contents of the Flnan¢il St4trments for the Year Ended 31 March 2026 Page Report orthe Trustees IDdependent EAminer's Report Ststsment of FiDaneial Activitie$ Balance Sheet 5 to 6 Notes ¢0 the Financial St#tetnents 7 to 11 Detailed Statement of Finntil Aetivltles 12
Yedidim Assoeitiott Lld Report of the Trustees for the Year Eded 31 March 2026 The m]siees who &e also directors of the charity for the purposes of the Companies Act 2006. present their report with th¢ financial staments of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Aecountin8 alld Reportin¥ by Clwities.. Siat¢ment of Recommended Prdctice appli¢ablc io Charities preparing their counts ill accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJECTIVES AI¥D AcfivITIES Objeetives and aims The ch8Jity was fonned for the adyancement of the orthodox Jewish faitil orthimjox Jewish religious education. and the relief of poverty in the orthodox Jewish community.To thi$ end th¢ ¢lwity h&8 made various grartg in th¢ y&ir under review. Public benefit Th¢ trustee5 conf their COllLpliauce with the duty to have due regard to the Public Benefit guidance published by the Char&ty Cotnlnission when reviewing the Charitys aims and objectives in plantiing future activities. ACHIEVEMENTS AND PERFOIiMANCE During the year the charity raised substantial funds. and has applied a majoriry of the funds in gratits in filltherance of its objKtiv¢$. FINANCIAL REVIEW During the year, the charity's incoming resources ex¢¢¢ded the ouigoing resources. The trustees are satisfied with the results for the year and the charity has surplus reserve& The nstee& do noi s¢¢k to maintsin reserve5. other than lo enSe that they can continue the activities of th¢ ¢hariry. FUTURE PLANS There are no CUTreDt plans to change the activities ormodus operandi in the foreseeable fijture. STRucfuRE. GOVERNANCE AND MANAGEMENT GoverniDg doeument The clwity is ¢ontroll¢d by its governing do¢umenL a deed of trllsL and constitutes a limited Company, limited by guardniee. as defmed by ihe Companies Act 2006. Retruitment aDd appoiDtment of new trustees The con)pany is managed and controlled by th¢ dictorS who are also the trustees and meet regularly. It is not the intention of th¢ tru5t¢cs of the charity to appoint any new trustees. Should situ*ion change in the thtUTe, the tnLStees will apply suitable recnjitment, traittillg and induction procedures. Risk management Th¢ truste¢s have identified and reviewed the major risks to whi¢h the ¢haTity is ¢xpos¢(L Both manual and automated checks ar¢ r¢gulorty invoked, particularly those relating io the operatiotLS and fthat¢ of the charity. The tDJStees are Satisfied that these sy51¢m5 and procedures mitigate any peTceived risks. REFERENCE AND ADMINISTRATIVE DETAI Registered Company llumber 05385704 (England and Wales) Registered Charity number Registrred 122 Kyverdale Road London N166PR Trus1¢ Y Horowitz A Klein Page I
Yedidim Association Ltd Report of the Trustees for the Year Ended 31 Marcb 2026 REFERENCE AND ADMINISTRATIVE DETAILS Indepelldent Examlller Adrian Heller FCA London A¢¢ouniing Group Ekd Approved by order of the board of trust¢¢$ ¢)n....... . and signed on its behalf by= A Klein - Trustee Pag¢ 2
Independ¢n¢ Ex¥miner's Report to the Trustees of Ytdidim Assoeiation Ltd TndependeDt examiner's report to the trustees of Yedidim Assocl8tlon Ltd {'the Compgny,) I report lo the charity trustees on my examination of the accounts of the Company for the Ye ended 31 March 2026. Responslbllities basis of report As the charitys trustee$ of the Company (and also its directors for ihe putposes of company law) you are responsible for the pparation of the accounts in acci)rdance with the requIremets of the Companies Act 2006 fth¢ 2(X)6 Acty. Having satisfied myself that ihe a¢¢ollnts of the Company are not required to be audited under Part 16 of the 2(M)6 Act and are eligTri Jle for independent examination, I rep)rt in respect of rny examinlon of your ¢harity's a¢¢ounts as ¢arrie out under Section 145 of the Charities Act 2011 {the 2011 Act). In catrying 4)ut my examination I have followed the Directions giv¢n by the Chtirity Comttiissititt undeT Se£tion 145(5) (b} of ihe 2011 Ac¢. Independent examiner's statement I have ¢omplei¢d my wlnination. l ¢onfirffj that llo matters have come to my attentlon in connection with the examination givingme cause to believe.. couDÈing record8 were not kept in respect of the Company as required by Section 386 of the 2006 ACL or the a¢¢ounts do not accord with those records: or the ac£ounts do not comply with the a¢¢ounting requirements of S¢¢iion 396 of the 2006 A¢i other than any requirement that the accounts give a trne and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the rnethods and principles of the Statement of Recommended Prdctice for accounting and reporting by ctwities (applicable to clwities preparing their accounts in a¢¢ordan¢¢ with the Financial Reporting Stsndard appli¢&blt in th¢ UK and Republi¢ of ITeland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should b¢ drawn in this report in order to enable a propcr und¢rstanding of th¢ OUnts to be reached. A¢Jrian H¢ll¢r FCA IndOn AccouDting Grow) L Page 3
Yedidim Association Ltd Statement ofFinancial Aetivities for the Year Ended 31 March 2026 31.3.26 Total funds 31.3.25 Total funds Unrestricted fimd Restricted fimd Notes INCOME AND ENDOWMEiYTS FROM Donations and lega¢i¢s 153.620 153.620 144.716 Investment ineom¢ 76,200 76200 73,140 Total 229,820 229,820 217,$56 EXPENDITURE OIY Raising funds 42,194 42.194 42,373 ChHrit8ble activities Tants 96,950 96.950 87,473 (hher ,697 1.697 3,803 Totsl 140,841 140,841 133,649 NET INCOME Other recognised gainsl(losses) Gains on revaluation of fixed assets 88.979 88,979 84,207 170.000 170.000 et movement ID fund5 258,979 258,979 84,207 RECOL¥CILIATION OF FUNDS Total funds brought forward 1.115,l68 1,115,168 1,030,961 TOTAL FUNDS CARRIED FORWARD 1,374,147 I,374,147 1.115,168 The notes forni part of these financial 5tatcments Page 4
Yedidim Association Ltd Balance Sheet 31 March 2026 31.3.26 Total fun(ts 31.3.25 Total fimds Unre5trict¢d fund Restricted fill)d Not¢s FIXED ASSETS Tamgible assets 1.420,000 1.420,1)00 1.250,0(N) CURRENT A&SETS Debtors Cash at bank 88,661 93,407 88,661 93,407 106,260 3.468 182.068 182,068 109,728 CREDITORS Amowhts falling due within one y¢aT (39,907) (39,907) (38,809) NET CURRENT ASSETS 142,161 142.161 70,919 TOTAL ASSETS LE&S CURRENT LIABILITIES 1,562,161 1.562,161 1,320.919 CREDITORS Amounts falling due aftermore than one year (188,014) (188,014} (205,751) NET ASSETS 1,374,147 1.374.147 1,115,168 FUNDS Ut)restrictrd fimds io 1,374,147 1,115,168 TOTAL YUNDS 1,374.147 1,115,168 The charitable company is entitled to exemption from audit wider Section 477 of the Companies Ad 2006 for the year ended 31 March 2026. The members haye not re(yired the Company to obtain an audAt of its fanCIal statements for th¢ y¢ar ¢nd¢d 31 March 2026 iti accordance Ivith Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable MpanY kttps ¥¢ounting T¢rdS that comply with Sections 386 and 387 of the Companies Act 2006 and preparing fmancial statements which give a ttue and fair view of the state of affairs of the charitable cornpaDy as at the end ot each financial year and of its Surp1 or deficit for each fanCIal yrdr in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Compani¢5 2006 relating to fitllncial statements, so far as applicable to the tharitable company. (b) The lloies forni part of these financial stem¢llts Pag¢ 5 continued...
Yedidim AssDeiation Ltd B#lanee Sheet- eolltlnued 31 Mareh 2026 These financial statements have been prepared in accordan¢e with the pry)vision5 applicable to charitable companies subject to the small companies regime. The ftDa cial statements w¢r¢ approv¢d by the Board of Trnstees and authorised for i&8ue - and were signed on its behalf by- on A Klein- Trnstee The notes forni part of these financial statements Page 6
Yedidim Association Ltd Notes to the FiDaDcial Statements for the Year Ended 31 March 2026 ACCOUNTING POLlCtES B&8is of prepariDg the fiDAnci&I statements The flnancial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of RecoTnrnended Practice applicable to chariiies preparing their acwunls in ao¢ordan¢e with the Financial Reptsrting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Rey)rting Stsndard 102 'The Financial Reporting Standard appli¢able in the UK and Republic of Ireland, attd the Companies Act 2006. The fll)ancial statements have been prepared WLder the historical cost Conventio as modifi¢d by the revaluati of cert&sn &s$ets. In¢ome All income is recognised in the Ststement of Financial Adivilie5 once the charity has entitlement to the funds. it is probable that the income will be received and the aJnount can be measured reliably. Expendlthre Liabiliti¢s are recolsed as expenditure as soon as there is a legal or consmive obligation committing the charity to that expenditure, it 15 probable that a transfer of ¢conomi¢ benefits will be required in settlement and the arnount of the obligation can be measwed reliably. Expenditure is arcounted for on aj) acertlS basis and has beth) classified under headings that awegate all cost related io ih¢ c¢gory. Where cogts cannot be directly attnbuted to particular headings they hav¢ been allocated to activiiies on a basis CO]stent with the use of resources. Granis offered subject to conditions which have not been It at the year end daie are not¢d a5 a ¢ommi¢tnent but not accrued as expendille. Allo¢atioll athd aprtI0MethI of Costs Goyernance costs include Cosls of th¢ preparation of fmancial statem¢nts, the costs of trLL8tee meetings and cost of any l¢gal advic¢ to trustees on governattce or constitutional matters. Tallgible rued assets Tallgibl¢ fixed assets, comprised of investtnent property. is stated at the trustees estimate of rnarket value at the balance sheet date. Any aggregt surplus or d¢fi¢it arisitig from dwiges in fair value is recogtiised in profit or loss. Taxa¢iDn Th¢ ¢hwity is exempt from corporation tax on its charitable activities. Fund accounting Uttr¢$tricted fimdi can be Sed in aceordanee with the charitable objectives at the discretion of the trnstees. Restrhcted fimds can only bc used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor OT wh¢n funds are raised for particular restricted purposes. Further explanation of the rtre aThJ putp)5e of each fund is included in the notes to the financial statements. Page 7 continued...
Yedidim AssoetatÈott Ltd Flotes to the Financial Statements- continued ror the Year EDded 31 March 2026 INVESTMEiYf INCOME 31.3.26 31.3.25 Rents received 76200 73,140 GRANTS PAY ABLE 31.3.26 31.3.25 Grants 96.950 87,473 Th¢ totsl grants patd to institutions duTing the year amounted to £96,950 (2025: £87,473). Total grants paid is comprised as follows.. Dover Sholem Community Tn mea5 Torah V'Ches¢d Moreshet Hatorab Ltd Below £5,000 8,200 60,000 20.400 8J50 96.950 TRUSTEES, REMUNERATION AND BENEFITS There wer¢ no tnL8tees' remuneration or other benefits for the year ended 31 Marth 2026 nor for the year ended 31 March 2025. Trustees, expeDses There were no trustees, expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025. T ANGIBLE FIXED ASSETS rrethold property Lon8 leasehold Totals COST OR VALUATIOIY At l April 2025 Revaluations 450,000 loo,000 800,000 70,000 1,250,000 170.000 At 31 March 2026 550.000 870.000 1,420,000 I¥ET BOOK VALUE At 31 Mareh 2026 350,000 870.000 1,420,000 At 31 March 2025 450.000 800.000 1,250,000 Page 8 contlllued...
Yedidirn Asso¢i*¢lon Ltd Notes to the Financial St4temeDts- continued ror the Year Ended 31 March 2026 TANGIBLE FIXED ASSETS- contlDued Cost or valuation at 31 March 2026 is pr¢s¢t¢d by: Freehold property Long l¢a5¢hold Totsl% Valuation in 2026 V&luaiion in 2023 Valuation in 2016 Cost 100,000 130,000 78,163 241,837 70,(KJO 160,000 85,032 554,968 I70,0) 290,000 163,195 796,805 550.0(M) 870,0(M) 1,420.000 DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 31.3.26 31.3.25 Trade debtors Other debtors 20,000 68,661 10,500 95.760 88.661 106.260 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.26 31.3.25 Bank loans and ov¢rdrafts (s¢e nthe 9) Trade creditors Other ¢reditors Acctued expense5 36,007 1200 1,500 1.21N) 36,007 102 1,5 1200 39,907 38,809 CREDITOIiS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 31.3.26 31.3.25 Bank loans {see note 9) 188.014 205,751 LOANS An analysis of the maturity of loans is given below.. 31.3.26 31.3.25 Amounts falling due withiTh on¢ year OD demand.. Bank loans 36,007 36,007 Amounts falling between one and two years.. Bank loans- 1-2 years 36,(MJ7 36,007 Amounts falling due between two and five years.. BaDk loans - 2-5 years 152,007 169.744 Page 9 continued...
Yedldim Association Ltd Notes to the Financi81 Statements- continued for the Year Ended 31 March 2026 io. MOVEMENT IN FUNDS Net movement in funds At 3113126 At 114125 Unrestricted funds General fund 1,115,168 258.979 1.374,147 TOTAL FUNDS 1,115.168 258.979 1,374,147 Net moY¢m¢nt in fim(ts. included in the above are as follows: IDCO]ning resour¢¢s Resources expended Gains and losses Movement in fi]nds UDrestricted funds General fund 229,820 {140,841) 170,0 258,979 TOTAL FUNDS 229.820 (140.841) 170,000 258,979 Comparatiyes for movement fwnds Net rnovement in funds At 3113125 At 114124 Unrestricted funds General fid 1,030,961 84,207 1,115,168 TOTAL FUNDS 1,030,961 84207 1,115,168 Comparative net movement in funds, included in the ave are as follo." Incoming resources Resources expended Movm¢nt in fimds Unrostrieted funds Genernl fimd 217,856 (133,649) 84,207 TOTAL FUNDS 217.856 {133.649) 84,207 Page 10 continued...
Yedidim A5$0CiatK>rt Ltd Notes to the Financial Siat¢mettts- ¢OntIyed for the Year End¢d 31 Mareb 2026 io. MOVEMENf IN FUNDS- cOtIned A ¢utTent year 12 months and prior year 12 months combin¢d position is as follows: Net mov¢menÉ in funds At 3 113r26 At l14124 Unrestricted funds Genernl fund 1,030,961 343.186 1,374,147 TOTAL FUNDS 1,030,961 343,186 1,374.147 A current year 12 months and prior year 12 months combined net movement in fimds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movernent in fidS Unr¢s¢rl¢ted funds General fimd 447,676 (274,490) 170,000 343,186 TOTAL FUNDS 447.676 (274.490) 170,000 343,186 ii. RELATED PARTY DISCLOSURES There We no related party transactions for the year ended 31 March 2026. 12. COMPANY LIMITED BY GUARANTEE The ¢haritsble ¢ompany is limited by guarantee and di)es not hav¢ share capital. The articles of association of the company preclude the distribution of assets lo members of the company a¢cordingly a reconciliation of 5haTeholders' funds is inappropriate. Pagell
Yedidim Association Ltd Detsiled Statement of FinaClaI Aetivlties for the Year Ended 31 March 2026 31.3.26 31.325 INCOME AND EL¥DOWMENTS Don*tioDS and legaeies Donations 153,620 144,716 Investment ineome Rents received 76,200 73,140 Total incoming resources 229,820 217,856 EXPENDITURE Rgising donatioDs and legacles Fundraising cyents 12,000 Investment management eosts Portfolio management Bank loan interest 11,945 18,249 22,557 19,816 30,194 42.373 Charitable #ctlvitles Grants to institutions 96,950 87,473 Support costs Govern4nce costs Sundries Accountancy and l¢gal ftes Bank interest Finance fres 369 1200 128 343 1200 160 2.100 1,697 3,803 Total reSOutS expend¢d 140,841 133,649 Net income 88,979 84,207 This pag¢ do¢$ not fom) part of the stathtory financial sthtemcmts Page 12