COMPANY REGISTRATION NUMBER: 05561846
CIL4RITY REGISTRATION NUMBER: 1113749
NEDIV LEV LTD
Company Limited by Guarantee
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
COHEN ARNOLD
Chartered accountants
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU

NEDIV LEV LTD
COMPANY LIMtTED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Pages
Ito3
Trustees, annual report (Inco￿OratIng the director's report)
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
7t013

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPOIL4TING THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2024
The trustees, who are also the dircctors for the purposes of company law, P￿sent their report and the
unaudited financial statements of the charity for the ycar ended 31 March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered cbarity name
Charity registration number
Company registration number 05561846
Principal oifiee and registered 150 Kyverdale Road
office
London
N16 6PU
Nediv Lev Ltd
1113749
The trustees
Mr P N Brander
Mrs H Simon
Mrs B M Zieg
Mr A Brander
Company secretary
Independent examiner
Mrs S E Brander
Asher Sternlicht, FCA
Cohen Arnold
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU
STRUCTURE, GOVERNANCE AND IVIANAGEMENT
The Charity is constituted as a Company Limited by Guarant¢¢, and is therefore governed by its
Memorandum and Articles of Association.
The Trustees administer the day-to-day affairs of the Charity. All Trustees 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 will provide suitable recruitment training and induction
procedures.
GROUP STRUCTURE AND RELATIONSHtps
The Charity has a wholly owned non-charitable subsidiary, Pramdale Co. Limited. One of the
Trustees, Mr P N Brander is also a Director in the Subsidiary Company.
IUSK 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 thosc risks.

NEDIV LEV LTD
COMPANY LIMITED BY GUAIL4NTEE
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
{conrfMued)
YEAR ENDED 31 MARCH 2024
OBJECTIVES AND ACTIVITIES
The Charity is established to promote any charitable purposes 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 Charity raises funds primarily from its trading subsidiary and through investing surplus funds.
The aim is to distribute these profits to organisations that fall within the objectives of the Charity.
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.
AClItEVEMENTS AND PERFORMANCE
The Chartty made grants totalling £82,208 (2023: £147,482) to other Charities. The b¢nefits that these
Charities provide include:
Financial support to the poor
Relief of sickness and disabilities
Jewish education and places of worship for the Jewish community
FINANCIAL REVIEW
The financial position of the Charity and its subsidiary is satisfactory.
The Charity's Financial Statements show a net revenue profit of £16,770 (2023: deficit of £100,899)
and total reserves of £654,014 (2023: £637,244). Voluntary income during the year amounted to
£103,840 and income from investments aggregated £11.681. Total resources expended were £83,751 .
The financial results of the Charity's activities for th¢ year to 31 March 2024 are fully reflected in the
attached Financial Statements together with the Notes ther¢on.
Reserves Policy
It is the policy of the Charity to maintain unrestricted funds at a level which the Trustees Consider
appropriate after taking account of its future commitments.
Grant making policy
The Trustees are approached for donations by a wide variety of charitable institutions operating in the
United Kingdom. The Trustees consider all requests which they receive and make donations based on
the level of funds available.
Principal Funding Sources
The Charity's principal funding sources in the year were its investhient portfolio, together with
donations received from the subsidiary Company.
PLANS FOR FirruRE PERIODS
The Charity plans to continue the activities outlined above in the forthcoming Y￿rS subjcct to
satisfactory incoming resources.

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
(coK(inuedJ
YEAR EM)ED 31 MARCH 2024
SMALL COl￿PANy PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies ex¢mption.
The trustees, annual report was approved onth SknW...&.9<and signed on behalf of the board of
trustees by:
r P N Brander
Trustee

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEDIV LEV LTD
YEAR ENDED 31 MARCH 2024
I report to the trnstees on my examination of the financial statements of Nediv Lev Ltd {'the charity,)
for the year ended 31 March 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 Cthe 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 exarnination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 20 I l ('the 201 l Act,). In
carying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
tNDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confimi that no matters have come to my attention in connection
with the examination giving me caus¢ to believe..
accounting records w¢r¢ 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 fairf 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 Stsndard applicable in the UK and Republic 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.
As
ier
temliclit FCA
Cohen Arnold
Independent Examiner
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2024
2024
Unrestricted
funds Total funds Totsl funds
2023
Note
Income and endowments
Donations and legacies
Investment incom¢
103,840
12,850
103,840
12,850
116,690
35,965
13,144
Total income
116,690
49.109
Expenditure
Expenditure on raising funds:
Investment management costs
Expenditure on charitable activities
Total expellditure
(1,169)
(83,751)
(84,920)
(1,169)
(1,057)
(83.751) (148.951)
(84,920) (150,008)
Net losses on investments
11
(15.000)
(15,000)
Net incomel(expenditure) and net movement in fund8
16,770
16,770
(100.899)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
637,244
654,014
637244
738,143
637,244
654,014
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 to 13 form part of these financial statements.

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL POSITION
31 MARCH 2024
2024
2023
Note
FIXED ASSETS
Investments
15
490,000
505,000
CURREiYf ASSETS
Cash at bank and in hand
166,697
133.847
CREDITORS: amounts falling due within one
year
16
(2,683)
(1,603)
132,244
NET CURRENT ASSETS
164,014
TOTAL ASSETS LESS CURRENT LIABILITIES
654,014
637.244
FUNDS OF THE CHARITY
Unrestricted funds
654,014
637,244
Total charity funds
17
654,014
637,244
For the year ending 31 March 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 statements 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, regim¢.
Tliese financial statements were approved by tlie board of trustees and authorised for issue on
J.1•￿￿-￿..Wand are signed on behalf of the board by:
Mr P N Brander
Trustee
The notes on pages 7 to 13 form part of these financial statements.

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is 150 Kyverdale Road, London, N16 6PU.
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 (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policie8
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets 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.
CoDsolidation
The charity is not required to prepare consolidated accounts in accordance with the Charities Act
2011, and has taken advantage of the option not to prepare consolidated financial statements
contained in Section 398 of the Companies Act 2006 on the basis that the charity and its
subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affcct the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discr¢tion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earniarked 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 ternis of an appeal, and fall into on¢ of two sub-classes: restricted income funds or
endowment funds.

NEDIV LEV LTD
COMPANY LIMITED BY GUAIL4NTEE
NOTES TO THE FINANCIAL STATEMENTS (eOMliNued)
YEAR ENDED 31 MARCH 2024
Accounting policies fconlivued)
Incoming resources
All incoming resources are included in the statement of financial activities 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 recognised when ther¢ is evidence of entitlement to the gift,
receipt is probable and its amount can be measured reliably.
Resources expended
Expenditure is recognised as soon as there is a present obligation committing the Charity to pay
out resources, it is probable that a transfer of economic benefits will be required in settlcment and
the arnount can be mcasured or estimated reliably.
Support costs
Support costs are those costs which are cotnmon 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.
Investment in subsidiary undertaking
Shareholdings acquired are included at market value. any surplus or deficit on revaluation is
shown in the Statement of Financial Activities.
Investment propertles
Investment Properties are included in the Balance Sheet at fair value in accordance with
Statement of Recommended Practice (SORP). Investment property fair valLie is deterniined by
the Trustees based on their understanding of property market conditions and the specific property
concerned. Unrealised gains and losses are shown in the Statement of Financial Activities.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators cxist. Where the carrying value exceeds the
recoverable amount. the asset is impaired accordingly. Prior impairn]ents are also reviewed for
possible reversal at each reporting date.

NEDIV LEV LTD
COMPANY LIMITED BY GUAII4NTEE
NOTES TO THE FINANCIAL STATEMENTS (coniinued)
YEAR ENDED 31 MARCH 2024
Accounting policies (conlintsed)
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrunient.
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 simtlar 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 Unrestricted Total Funds
Funds
2024
Funds
2023
DONATIONS
Donations received
103,840
103,840
35,965
35,965
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Incom¢ from investment properties
12,850
12,850
13.144
13,144
Investment management costs
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Property repairs and maintenance
charges
1,169
1,169
1,057
1,057

NEDIV LEV LTD
COMPANY LIMITED BY GUAIL4NTEE
NOTES TO THE FINANCIAL STATEMENTS feonilllued)
YEAR ENDED 31 MARCH 2024
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Education, Furtherance of Jewish
Religion and Alleviation of Poverty
Support costs
82,208
1,543
82,208
1,543
147,482
1,469
147.482
1,469
83,751
83,751
148,951
148,951
Expenditure OD charitable activitie$ by activity type
Grnnt
funding of
activities Support costs
Total funds
2024
Total fund
2023
Education, Furtherance of Jewish
Religion and Alleviation of Poverty
Governance costs
82,208
82,208
1543
147,482
1,469
1,543
82,208
.543
83,751
148,951
10. Analysis of grants
2024
GRANTS TO tNSTITUTIOIYS
Friends of Mercaz Hatorah Belz Macnivka
Machzikei Lomdei Torah
Amud Hatzdokoh Trust
Bels Aharon TT Activity Centre
Live & Learn
Adath Yisroel Synagogue
Heichalei Hakodesh
Other donations less than £3,000
25,120
21,200
6JS0
5,680
5,000
5,000
4,083
9,775
82,208
82,208
Total grants
11. Net losses on investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Net losses on revaluation of
investments
(15,000)
(15,000)
io

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2024
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for:
Independent examination of the financial statements
1,080
1,050
13. Staff costs
There were no employees during the year.
14. Trustee remuneration and expenses
No Trustees have been paid any remuneration or received any other benefits from the charity.
15. Investments
Shares in
group
Other
undertakings investments
Totsl
Valuation
At l April 2023
Additions
Fair value movements
305,000
200,000
505,000
{15,000)
290,000
(15,000)
490,000
At 31 March 2024
200,000
Impairment
At l April 2023 And 31 March 2024
Carrying amount
At 31 March 2024
290,000
200,000
490,000
505,000
At 31 March 2023
305,000
200,UOO
All investments shown above are held at valuation.
The Company's investment properties were valued by the trustees, based on their understanding
of property market conditions and the specific property concerned. The historical cost of the
investment properties is £153,517.
The Company holds the whole of the issued Share Capital of Pramdale Co. Limited which is
incorporated in Great Britain and regiSte￿d in England.

NEDIV LEV LTD
COMPANY LIMITED BY GUAIL4NTEE
NOTES TO THE FINANCIAL STATEMENTS (collilnued)
YEAR ENDED 31 MARCH 2024
16. Creditors: amounts falling due witbin one year
2024
2023
Other creditors
2,683
1,603
17. Analysis of charitable funds
Unrestricted funds
At
l April 2023
Gains and At 31 March
losses
2024
Income Expenditure
General funds
637,244
116,690
(84,920)
(l5,000)
654.014
At
l April 2022
Gains and At 31 March
losses
2023
Income Expenditure
General funds
738,143
49,109
(150,008)
637,244
18. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than l year
200,000
290,000
166,697
(2.683)
654,014
200,000
290,000
166,697
(2,683)
654,014
Net assets
Unrestricted Total Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors less than l y￿r
200,000
305,000
133,847
(1,603)
637.244
200,000
305,000
133,847
(1,603)
637,244
Net assets
12

NEDIV LEV LTD
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {eoKllnMed)
YEAR ENDED 31 MARCH 2024
19. Related parties
Included in donations received amounts aggregating £103,000 received from the subsidiary
undertaking, Pramdale Co, Limited.
Included in Other creditors in an interest free loan of £503 owed to the subsidiary undertaking,
Pramdale Co. Limited.
13