Charity registration numbor 1115426 (England and Wales) Company règistration number 05686881 YAD ELIEZER TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025
YAD ELIEZER TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees Benjamin Chontow David Halibard Zvi Menachem Mendl Averbuch Pinchas Benedikl Charity number (England and Wales) 1115426 Company number 05686881 Reglstered office 220 The Vale Golders Green London NW118SR Independent examiner Michael Weissbraun. FCA Weissbraun Emanuel 220,Th8 Vale London NW118SR
YAD ELIEZER TRUST CONTENTS Page Trusteès, r8POrt Independent examinerfs report statement of financial activities Balance sheet statément of cash flows Notes to Ihe financial statements 8-12
YAD ELIEZER TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JANUARY 2025 The trustees present their annual reporl and financial statements for Ihe year ended 31 January 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with Ihe charily's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Slatemerbl of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Objoctlves and activities The Charity objectives are.. 1) The relief of poverty amongst the elderly or persons in conditions of need. hardship and distress within the Jewish Community. 21 The advancement of the orthodox Jewish religion. 31 The advancement of edutiOn according to the lenels of the Orthodox Jewish religion. 41 To promot6 any charilablg purpose for the benefit of the Jewish community. Public Beneflt The trustees have paid due regard to guidance issued by the Charily Commission in deciding what activities Ihe charity should undertake when reviewing Ihe Charily's aims and objeGtive5 in planning fulure activities. Actlvltlos Th8 Charity continued to receive significant donalions from individual and inslilution donors in tha sum of £269.801 and made significant donation payments to Yad Eliezer in Isra81 in the sum 01 £242,000 during the financial statement. Granl making policy Grantmaklng Grants are made usually to Yad Eliezer in IsTael in accord wilh Ihe objects of the Charity. Achlevements and performance Significant activities and achievements against objI1VeS The Iruslees consider Ihat the p8rformance of the charity this year ha5 been salisfaclory. Substantial funds have been granted Yad Eliezer in Israel in line with charivs objectivès from the donalions received from individual and inslilutional donors. Flnanclal raview In the period under review, the Charily made a deficil of £11,436 (2024-. £48.147> after making iolal grants of £242,000. Going concem Intornal and oxternal foctors The Trustee5 have made a full assessmenl of Ihe inlernal and external factors that may affect these financial statements and do not redeem any material factors to have an impact of Charity's future and going conGern. Reserves policy Reserve Policy The charily does not maintain a reserve policy, a5 reserves are distributed when they become available. al the IrLFStees' discrelion. The present level of funding is adequate to 5UPPOrt the conlinualion of its objects and the trustees consider the finanaal position of the Charily lo be salisfaclory.
YAD ELIEZER TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 The Charity's, however to hold sufficient funds need to provide administrative and othèr general costs for short term. Principal funding sources Prlnclple fundlng sources The Chaflty's principle source of donations are from a number of organisalions, other Charilies institutions and individual donors. Those subslanlial funds received have been granted to Yad Elièzer Trust in Israel lo dislTibute in line with Charity's objectives. Plans for future perlods The Chaiity continue ils plan to maximise the level of donatsons received whist conlinuing making distribution in accordance with ils grsnl making policy. Struclurei governance and management The charity is a company limited by guaranlee Ino. 05686881) and Is controlled by its governing document, the Memorandum and Articles of Associalion. No dividends are paid under company's Articles of Association. Th8re is no share capital and liabilily of each member is limil8d. The Charity is a150 a legal Tegislered charity (no. 1115426) and as such is nol liable lo income lax, corporation tax or capitsl gain tax. The particulars of the Charity's professional advisers and principal address of the Charity are listed on Page 1. The trustees. who are also Ihe directors for the purpose of company law, and who served during the year and up to the dale of signature of the financial stalemenls were: Benjamin Chontow David Halibard Zvi Menachem MendlAverbuch Pinchas Benedikt Reoruitment and appointment of trustees Recruilm8nl, appoinlmenl and training of new trustees It is a Charity's policy lo reGruit truslee Wn needed. The charily's 8lecled trustees are appoinled on the basis of Board's specifications concerning eligibility. personal compelence. specialist skills. communlly knowledge and local availability. New trustees are inducted into workings of the charity including it's Policy and Procedures, at an induction workshop specially organised for them by Board of Trustees. None of the trustees has any beneficial interesl in Ihg company. All of the trustees are members of the company and guarantee lo conlribute £1 in the event of a winding up. Oryanisational structure Organlsational Structure The board of directors. as Ihe truslees of the Charity are legally responsible for overall management control of Ihe Charity and musl have al leasl three Irustees seNing al any one lime and mael regular basis. The day lo day management of Ihe Charily. however is delegated by the Trustees. lo Senior Administrators appointed by Board.
YAD ELIEZER TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2025 The trustees, report was approvad by the Board of Trustees. enjamln Chontow Trustoe 21 October 2025
YAD ELIEZER TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YAD ELIEZER TRUST I report to the truslees on my examination of the financial statements of YAD ELIEZER TRUST (the charity) for the year ended 31 January 2025. Re$pon$ibilities and basls of rnport As the trustees of the charity (and also lis directors for the purposes of company law). you are respDnsible for the preparation of the financial statement5 in accordance with Ihe requirements of the Companies Act 2006. Having 5alisfied myself Ihat the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect ol my examination of Ihe charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(51(b) of the Charities Act 2011. Indepondent examlne¢8 statemènt Since the charity's gross income exceeded £250,000. the independent examiner musl be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified lo undertake the examination because l am a m6mb6r of the ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have Com8 lo my altention in connection wilh the examination giving me causg lo believe that in any material respect.. accounting records were not kept in respect of Ihe charity as required by sedion 386 of the Companies Act 2006. the financial statements do not accord with those records: or the financial slalemenls do not comply with the accounting r8quir8ments of section 396 of Ihe Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independenl examination.. or the financial slalements havè not been prepared in accordance with the méthods and PTinciples of Ihe Statement of Recommended Practice for accounting and reporting by charities applicable to ¢harilies preparing their financial slalemenls 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 olhgr malters in connection with Ihe examination lo which atlenlion Should be drawn in this report in order to enable a proper understanding of the financial statements lo be reached. Of. L/L Michael WeSssbraun, FCA Weissbraun Emanuel 220,The Vale London NW118SR 21 October 2025
YAD ELIEZER TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JANUARY 2025 Unrestrlctod Unreslrlcted funds funds 2025 2024 Notes Income from: Donations and legacies Charilable activilies 269.801 761 744,315 38,616 Total income 270,562 782,931 Expenditure on: Raising funds Charitable activities 381 281,617 8,950 822,128 Total expenditure 281,998 831,078 Net expendlture and movement In lund$ (11.436) 148.147> Reconclliatlon of funds: Fund balances al 1 Febfuary 2024 19.459 67,606 Fund balancès at 31 January 2025 8,023 19,459 The statem8nt of financial activities includes all gains and Ioss8s recognised in the year, All income and 8xpendilur8 derive from conlinuing activities.
YAD ELIEZER TRUST BALANCE SHEET ASAT31 JANUARY2025 2025 2024 Notes Current assets Cash at bank and in hand 10.303 21,739 CredltovJ: amounts falllng due wlthin one year 13 {2.280} (2,280) Net current assets 8,023 19,459 The funds of the charity Unréstricted funds 8,023 19,459 8,023 19,459 The company is enlillgd to the ox8mplion from the audlt requirement conlained in 8e¢tion 477 of the Companies Act 2006. lor the year ended 31 January 2025. The directors acknowledge their responsibilllles for complying wlh the requlrements of the Companles Act 2008 with respecl to accounting records and the pr8par8tion of financial Statements. The members have not required the company to obtain an audlt of its fjnancial statements for the year in que81ion in accordance with section 478. These financial statement5 hav8 been prepared in 8¢cordance with the provislons applicable lo compan188 subject to the small companle$ regime. Tho financial statements were approved by the trustees on 21 October 2025 Benjamin Chonlow Trusloe Company registration numb8r 05686881 {England and Wales)
YAD ELIEZER TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JANUARY 2025 202S 2024 Notes Cash flows from operating actlvities Cash absorbed by operations 15 {11,436} (48,267) Net cash used in Investing activitla8 Not cash used In flnancing activitiey Not decroase in cash and cash oquivalents (11.4361 148,267> Cash and cash equivalents at beginning of year 21.739 70,006 Cash and cash equlvalonts at end of year 10,303 21.739
YAD ELIEZER TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Accounling policles Charlty Information YAD ELIEZER TRUST is a private company limited by guarantee incorporated in England and Wales. Tho registered offic8 is 220 Tha Vale. Golders Gre8n, London. NW118SR. 1.1 Basls of preparalion The financial statements have been prepared in accordance with the charity's goveming document, Ihe Companies Ad 2006, FRS 102 °The Financial Reporting Standard applicable in the UK and Republic of Ireland" {"FRS 102") and the Charities SORP 'ArKounling and Reporting by Charities.. Slalem6nt of Recommended Praclice applicable lo charities preparing their accounts in accordance wilh Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effecliv8 1 January 2019). Th& charity is a Public Benefit Entity as dèfined by FRS 102. The financial statements are prepared in sterling. which is the functional currency of Ihe charity. Monetary amounts in these financial slalemenls are rounded to the nearest £, The financial slalemenls have been prepared under the historical cost convenlion. The principal accounting policies adopted are set out below. 1.2 Going concgrn Al the lime of approving the financial statements, the tnjstees have a reasonable expectation that the charity has adequate resources lo continue in op8rational existence for the foreseeable future. Thus thè trustees continu8 lo adopt the going concern basis of accounting in pr8paring the financial statemènts. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitabl8 objectives. 1.4 Incomè Income is recognised when the charily is legally enlilled lo il after any performance condilions have been mel, Ihe amounts can be measured reliabty. and it is probable ihat income will be received. Cash donations are recognised on receipt. Other donations are r8cognised once the charity has been notified of the donalion, unless performance conditions require dgferral of the amount. Income lax recoverable in relation to donation5 Teceived under Gift Aid or deeds of covenant is r8cognised at the lime of the donation. 1.5 Expèndllure Expenditure is recognised once there is a 18gal or constructive obligation lo transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be Tequired in settlement, and Ihe amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of èach activity are made up of the total of direct COSt5 and shared costs, including support cosls involved in undertaking each aclivily. Direct costs attributable lo a single activity are allocaled directly lo that activity. Shared costs which conlribule to more than one aclivily and support Costs which are not atlribulable lo a single activity are apportioned between those a¢livilies on a basis consistenl wilh the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on Ihe portion of the asset's use. 1.6 Cash and Gash equivalents Cash and cash equivalents include cash in hand. deposit5 held al call with banks, other short-lerm liquid investments wilh original malurilies of three months or less. and bank overdrafts. Bank overdrafts arè shown within borrowings in current liabilities.
YAD ELIEZER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2025 Accounting pollcles Icontinuod) 1.7 Taxation The Charity is exempl from taxes on ils gains and income to the extend that are applied to its charitable activilies. Crltlcal accountlng estimates and judgements In the application of Ihè charity's accounts'ng policies. the trustees are required to make judgements, eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other faclors that are considered to be r8levanl. Actual results may diffei from Ihgse estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimal8s are recognised in the period in which the estimate is revised where lh8 revision affects only that period. or in Ihe period of the revision and future periods where the revision affects both currenl and future periods. Income from donations andlogacles Unrostrictsd Unrestricted funds funds 2025 2024 Donations and gifts 269,801 744,315 Income from charitsble activltles Unrègtrlcted Unrestricted fundB funds 2025 2024 Other income 761 38,616 Expendlture on raising funds Unrastrlcted Unreslrlcted fund5 funds 2025 2024 Fundralsing and publicity other fundraising costs 381 8.950
YAD ELIEZER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2025 Expenditure on charltsble a¢livitie3 Hoading
ac982
2025 Hoading
a¢982
2024 Direct costs Exchange differences 13 47 Grant funding of activities (s8e note 7) 242,000 777,500 Share of support and govemance ¢08ts (see note 81 Support Governance 38,524 1,080 43,501 1,080 281,617 822,128 Analy8ls by fund Unrestricted funds 281,617 822,128 Grants payable 2025 2024 Grants to instilulions: Yad Eliezer13rael B'ezri Isfael 242,000 155,500 622,000 242,000 777,500 Support costs allocatod to actlvllles 2025 2024 Bank charges Admin expense5 Travel & Malor Audit fees 188 35,350 2,986 1,080 369 40,885 2,247 1,080 39,604 44,581 Analysed botweon: Charitable activities 39,604 44,581 10-
YAD ELIEZER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 JANUARY2025 Not movement in fund9 2025 2024 The net movement in funds is staled after chargingl(crediting): Fees payable for the independent examination of the charity's financial statements 1.080 1,080 10 Trustees None of the Iruslees {or any persons connected wilh them> recaived any remuneration or benefits from the charity during the year. Trust&es' expenses During the year ended 31 January 2025. one truslee had travel expenses of £2.986 pald dlreclly by the chaflty In relation to essential charity business overseas. No other trustees received any expenses during the year (2024.. none). 11 Employees The averag8 monthly number of employees during the year was.. 2025 Number 2024 Number Total Ther8 wer8 no employees whose annual remuneration was more than £60,Crf)O. 12 Taxatlon The charily is exempl from taxation on its activities because all its income is applied for charitable purposes. 13 Creditors: amounts falling due within onè yaar 2025 2024 Accruals and deferred income 2,280 2,280 14 Related party transacllons There were no disclosable felaled party Iransaclions during the year (2024 - none). 11
YAD ELIEZER TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JANUARY2025 15 Cash absorbed by operations 2025 2024 Deficit for the year 111.436) 148.1471 Mov9ments in worklng capltal.. (Decrease) in creditors (1201 Cash absorbed by oporation$ (11,436) (48,267) 16 Analysls of changes In nèt funds The charity had no material debl during the year. 12-