COMPANY REGISTRATION I¥UMBER: 05561846 CHARITY REGISTRATION NUMBER: 1113749 NEDIV LEV LTD Company Llmited by Guarantee UNAUDITED FII¥4AI¥4CIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 COHEN ARNOLD Chartered accountants New Burlington House 1075 Fillchley Road LONDON NWII OPU NEDIV LEV LTD coTrtPANY LIMITED BY GUAIL￿TEE FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Pages Ito3 Trustees, annual report (incorporating the directovs report) Independent examinevs report to the trustees Statement of fmancial activities (including income and expenditure account) Statement of fmancial position Notes to the fmancial statements 7t013 NEDIV LEV LTD COIIIPANY LIMtTED BY GUARANTEE TRUSTEESI ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 31 MARCH 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 March 2025. REFERENCE AL￿ ADMtNISTRATIVE DETAILS li Registered charity name Charity registration number Company registration number 05561846 Principal oftTice and registered 150 K￿erda1¢ Road oifice London N166PU Nediv Lev Ltd 11 l3749 The trustees Mr P N Brander Mts H Simon Mrs B M Zieg Mr A Brander (Resigned 2 September 2025) Company secretary Independent examiner Mrs S E Brander Asher Stemlicht FCA Cohen Arnold New Burlington House 1075 Finchley Road LONDON NWII OPU STRUCtURE, GOVERNANCE AND TrL4NAGEMENT The Charity is constituted as a Cornpany Limited by Guarantee, 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 theii 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 RELATIONSHIPS The Charity has a wholly owned non-charitable subsidiary, Pramdale Co. Limited. One of the Trustees, Mr P N Brander is a150 a Director in the Subsidiary Company. RISK IIIANAGEMENT The Trustees bave identified and reviewed the major risks to which the Charity IS exposed, in particular those relating to the operations and fll]an¢es of the Charity, and are satisfied that the systems are in place to manage those risks. NEDIV LEV LTD COMPANY LIMITED BY GUARANTEE TRUSTEESI AIYNUAL REPORT ONCORPOIL4TING THE DIRECTORIS REPORT) (eoMllnHed) YEAR ENDED 31 MARCH 2025 ORJECTIVES AND ACTIVITIES The Clwity 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 sU￿lUS funds. The aim is to distribute these profits to organisations that fall within the objectives of the Charity. The Trustees confinn their compliance with the duty to have due regard to the public benefit guidance published by tbe Charity Collullission when r¢vi¢wing the Charity's aims and objectives and in planning activities. ACHIEVEMENTS AND PERFORhL4NCE The Charity made grants totalling £59.702 (2024: £82,208) to other Charities. The benefits 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 FINANCL4L REVIEW The fmancial position of the Charity and its subsidiary is satisfactory. The Charity's Financial Statements show a net revenue loss of £47,866 (2024.. surplus of £16,770) and total reserves of £606,158 (2024: £654,014). Voluntary income during the year amounted to £31,400 and income from investments aggregated £12,054. Total resources expended were £67,410. The financial results of the Charity's activitie5 for the year to 31 March 2025 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 funds at a level which the Trustees consider appropriate after taking account of its future commitments. Grant making policy The Trnstees are approached for donations by a wide variety of charitable institutions operating in the United Kingdom. The Trustees consider all requests wbich tbey receive and make donations based on the level of fi￿d$ available. Principal Funding Sources The Charity's principal fimding sources in the year were its investment portfolio, together with donations received from the subsidiary Company. PLAINS FOR FufuRE PERIODS The Charity plans to continue the activities outlined above in the forthcoming years subject to satislactory incoming resources. NEDIV LEV LTD COMPANY LIMITED BY GUARANTEE TRUSTEESI AI¥NUAL REPORT ONCORPORATING THE DIRECTORIS REPORT) (eoMllnMedJ YEAR ENDED 31 MARCH 2025 SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on q and signed on bebalf of the board of trustees by: Mr 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 2025 I report to the trustees on my examination of the fiLwicial statements of Nediv Lev Ltd ('the clMrity') for tbe year ended 31 March 2025. 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 ('the 2006 Act,). Having satisfied myself that the accounts of the company are llot 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 201 l Act,). In carrying out my examinatlOD I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT li I have completed my examination. I confirnj that no matters have come to my attention in connection with the exatnination giving me cause to believe: accounting records were noi kept in respect of the cbarity as required by section 386 of the 2006 Act. or the f￿anCIal statements do not accord with those record5; or the tinancial 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 fmancial statements have not been prepared in accordance with the meihods and principles of the Statement of Reconunended Practkce for accounting and reporting by charities applicable to Cbartties preparing their accounts in accordance with the Financial Reporting Standard 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 attelltioll should be drawn in ihis report in order to enable a proper understanding of the accounts to be reached. Aslier Sternlicht FCA Cohen Arnold Independent Examiner New Burlington House 1075 Fincbley Road LONDON NWII OPU q ￿£M&￿t2 ?&1>" NEDIV LEV LTD COMPANY LIMITED BY GUAIL4NTEE STATEMEIYT OF FINAI¥CIAL ACTIVITIES (11¥4CLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2025 2025 2024 Unrestricted fill￿S Total funds Total funds Note Income and endowments Donations and legacies Investment income 31,400 18,144 31.400 18,144 49,544 103,840 12,850 Total income 49,544 116,690 Expenditure Expenditure on raising ￿llds: Investtnent management costs EXpendItt￿e on charitable activities Total expenditure (6,090) (61.310) (67,400) (6,090) (61.320) (67,410) (1,169) (83,751) (84.920) Net losses on investments 11 (30,000) (30,000) (15,000) Net (expenditure)lillcome and Det movement ID funds (47,856) (47,866) 16,770 Reconciliation of funds Total funds biougELt forward Total funds carried forward 654,014 654,014 637,244 606,158 606,158 654,Ol4 The statement of fu￿ncial activities includes all gains and losses recogllised in the year. All income and expenditure derive from continuing activities. The no¢es on page5 7 to 13 form part of these (Inancial statements. NEDIV LEV LTD COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 2024 Note FIXED ASSETS Investments 15 460,000 490,000 CURRENf ASSETS Debtors Casb at bank and in hand 16 49,497 98.891 166,697 166,697 148J88 CREDITORS: amounts falling due within one year NET CURRENT ASSETS 17 (2,240) (2,683) 164,014 146,148 TOTAL ASSETS LESS CURRENT LIABILITIES 606,148 654,014 FUNDS OF THE CIL4RITY Unrestricted funds 606,158 606,158 654,014 Total charity funds 18 654,014 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small compatkies. 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. Tbe directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of fmancial statements. These fAnancial statements have been prepared in accordance with the provisions applicable to companies subject to tbe small companies, regime. Tl)L5e kiii