REGISTERED COMPANY NUMBER: 05854615 (England and Wales) REGISTERED CHARITY NUMBER: 1115607
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
FOR
AVIV CT LIMITED
AVIV CT LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 11 |
AVIV CT LIMITED (REGISTERED NUMBER: 05854615)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Charitable objects
The principal activity of the company was that of a charity, with particular reference to the advancement of education in and the religion of the orthodox Jewish faith, the relief of poverty and for such other purposes as are recognised as charitable by English law.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the trust's aims and objectives and in planning future activities and setting the grant making policy for the year. There have been no material changes in the objectives or policies of the charity during the year under review. To achieve the objects, the charity accepts donations and grants, receives investment income and makes charitable donations and grants to Jewish schools, other educational organisations and other charities.
ACHIEVEMENTS AND PERFORMANCE
Review of activities and achievements
In furtherance of the objects as stated above, the trustees have accepted donations and grants, have received investment income and have made charitable donations and grants as shown in the attached statement of financial activities.
The balance sheet shows a satisfactory position with undistributed unrestricted funds amounting to £736,075.
FINANCIAL REVIEW
Investment powers, policy and performance
The charity is able to make any investment which the trustees see fit subject to any conditions (if any) imposed or required by law.
FUTURE PLANS
The Trustees continue to support various institutions in accordance with the charity's aims.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated on 22 June 2006 and registered as a charity on 28 July 2006, being registered with the Charity Commission. The company was established under a Memorandum of Association and is governed under its Articles of Association.
As AVIV CT LIMITED is a company limited by guarantee it does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
Organisational structure
The trustees meet at several times during the year, to consider the various ways of advancing the principal activities of the charity. The power to appoint new trustees is vested in the continuing trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05854615 (England and Wales)
Registered Charity number
1115607
Page 1
AVIV CT LIMITED (REGISTERED NUMBER: 05854615)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025
Registered office
First Floor, Winston House 349 Regents Park Road London N3 1DH
Trustees
A P Rose A Y Melinek
Independent Examiner
Mr Michael Weissbraun FCA Weissbraun Emanuel Chartered Accountants 220 The Vale Golders Green London NW11 8SR
Approved by order of the board of trustees on 24 July 2026 and signed on its behalf by:
A Y Melinek - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AVIV CT LIMITED (REGISTERED NUMBER: 05854615)
Independent examiner's report to the trustees of Aviv CT Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 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 examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts 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 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 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 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 attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Michael Weissbraun FCA
Weissbraun Emanuel Chartered Accountants 220 The Vale Golders Green London NW11 8SR
24 July 2026
Page 3
AVIV CT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 Charitable activities Total Net gains/(losses) on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 9,375 28,811 38,186 727 244,020 244,747 (335,666) (542,227) 1,278,302 736,075 |
Restricted fund £ - - - - - - - - - - |
Endowment fund £ - - - - - - - - - - |
2025 Total funds £ 9,375 28,811 38,186 727 244,020 244,747 (335,666) (542,227) 1,278,302 736,075 |
2024 Total funds £ - 35,430 35,430 - 573,433 573,433 305,682 (232,321) 1,510,623 1,278,302 |
|---|---|---|---|---|---|
The notes form part of these financial statements
Page 4
AVIV CT LIMITED (REGISTERED NUMBER: 05854615)
BALANCE SHEET 31 OCTOBER 2025
| Notes FIXED ASSETS Investments Investments 9 Investment property 10 CURRENT ASSETS Investments 11 Cash at bank CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds TOTAL FUNDS |
Unrestricted fund £ 162 395,000 395,162 326,678 33,205 359,883 (18,970) 340,913 736,075 736,075 |
Restricted fund £ - - - - - - - - - - |
Endowment fund £ - - - - - - - - - - |
2025 Total funds £ 162 395,000 395,162 326,678 33,205 359,883 (18,970) 340,913 736,075 736,075 736,075 736,075 |
2024 Total funds £ 380,394 395,000 775,394 512,307 17,986 530,293 (27,385) 502,908 1,278,302 1,278,302 1,278,302 1,278,302 |
|---|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 24 July 2026 and were signed on its behalf by:
A Y Melinek - Trustee
The notes form part of these financial statements
Page 5
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial 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 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Preparation of consolidated financial statements
The financial statements contain information about Aviv CT Limited as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
Page 6
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
| 2. DONATIONS AND LEGACIES Gifts 3. INVESTMENT INCOME Rents received Dividends Deposit account interest Investment interest 4. RAISING FUNDS Investment management costs Insurance 5. CHARITABLE ACTIVITIES COSTS Charitable activities |
Grant funding of activities (see note 6) £ 237,500 |
2025 £ 9,375 2025 £ 24,500 3,692 3 616 28,811 2025 £ 727 Support costs (see note 7) £ 6,520 |
2024 £ - 2024 £ 24,500 10,491 4 435 35,430 2024 £ - Totals £ 244,020 |
|
|---|---|---|---|---|
Donations and grants comprise amounts paid to institutions. All donations are paid directly from the charity to the institutions, as follows:
| Total | |
|---|---|
| donation | |
| Name of charitable organisation | (£) |
| Ateres Beis Yaakov Limited | 178,000 |
| Friends of Yeshivas Brisk | 20,000 |
| Mars Org. Ltd | 12,000 |
| North London Welfare and Educational Foundation | 10,000 |
| Others | 17,500 |
continued...
Page 7
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
| 6. GRANTS PAYABLE Charitable activities 7. SUPPORT COSTS Charitable activities |
2025 2024 £ £ 237,500 549,300 Governance costs £ 6,520 |
|---|---|
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.
9. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | |
|---|---|
| Shares in | |
| group | |
| undertakings | |
| £ | |
| MARKET VALUE | |
| At 1 November 2024 | 380,394 |
| Impairments | **(380,232) ** |
| At 31 October 2025 | 162 |
| NET BOOK VALUE | |
| At 31 October 2025 | 162 |
| At 31 October 2024 | 380,394 |
| There were no investment assets outside the UK. | |
| Cost or valuation at 31 October 2025 is represented by: | |
| Shares in | |
| group | |
| undertakings | |
| £ | |
| Valuation in 2025 | 162 |
continued...
Page 8
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
10. INVESTMENT PROPERTY
| 10. INVESTMENT PROPERTY |
||||
|---|---|---|---|---|
| FAIR VALUE At 1 November 2024 and 31 October 2025 NET BOOK VALUE At 31 October 2025 At 31 October 2024 Fair value at 31 October 2025 is represented by: Valuation in 2025 11. CURRENT ASSET INVESTMENTS Listed investments Other 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accruals and deferred income 13. MOVEMENT IN FUNDS At 1.11.24 £ Unrestricted funds General fund 1,278,302 TOTAL FUNDS 1,278,302 Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 38,186 (244,747) TOTAL FUNDS 38,186 **(244,747) ** |
2025 £ 296,621 30,057 326,678 2025 £ 12,250 6,720 18,970 Net movement in funds £ (542,227) (542,227) Gains and losses £ (335,666) **(335,666) ** |
£ 395,000 395,000 395,000 £ 395,000 2024 £ 498,807 13,500 512,307 2024 £ 21,625 5,760 27,385 At 31.10.25 £ 736,075 736,075 Movement in funds £ (542,227) **(542,227) ** |
||
continued...
Page 9
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.11.23 £ 1,510,623 1,510,623 |
Net movement in funds £ (232,321) (232,321) |
At 31.10.24 £ 1,278,302 1,278,302 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 35,430 35,430 |
Resources expended £ (573,433) (573,433) |
Gains and Movement losses in funds £ £ 305,682 (232,321) 305,682 (232,321) |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.11.23 £ 1,510,623 1,510,623 |
Net movement in funds £ (774,548) (774,548) |
At 31.10.25 £ 736,075 736,075 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 73,616 73,616 |
Resources expended £ (818,180) (818,180) |
Gains and Movement losses in funds £ £ (29,984) (774,548) (29,984) (774,548) |
|---|---|---|---|
continued...
Page 10
AVIV CT LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025
14. RELATED PARTY DISCLOSURES
During the year ended 31 October 2025 grants of £178,000 were paid to a registered charity of which AY Melinek is a trustee.
Page 11