REGISTERED COMPANY NUMBER: 06354517 (England and Wales) REGISTERED CHARITY NUMBER: 1120921
KEHAL CHASIDEI WIZNITZ LIMITED (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
KEHAL CHASIDEI WIZNITZ LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Cash Flow Statement | 7 | ||
| Notes to the Cash Flow Statement | 8 | ||
| Notes to the Financial Statements | 9 | to | 13 |
KEHAL CHASIDEI WIZNITZ LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEES M H Kahan J Arberman REGISTERED OFFICE First Floor 94 Stamford Hill London N16 6XS REGISTERED COMPANY 06354517 (England and Wales) NUMBER REGISTERED CHARITY 1120921 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS HSBC Bank plc 312 Seven Sisters Road Finsbury Park London N4 2AW
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KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
Reference and administrative information
Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.
OBJECTIVES AND ACTIVITIES
Objects for public benefit
The objects of the charity are, the advancement of the Orthodox Jewish Faith, the advancement of Orthodox Jewish Religious Education and the relief of poverty, sickness and infirmity amongst members the Jewish Faith in any part of the world.
The trustees have considered the Charity Commission's guidance on public benefit.
Charitable activities
The charity operates a voucher system, allowing donors control of their giving in an easy, manageable and tax efficient manner. Incoming resources on the unrestricted fund comprise, in the main, fee income from donors to the voucher system, and on the restricted fund income from donations into individual and company accounts.
Grantmaking
Grants on the unrestricted fund are made at the trustees' discretion from their knowledge of the various institutions. On the restricted fund grants are made in accordance with the wishes of the donor provide they accord with the objects of the charity.
FINANCIAL REVIEW
Financial review
With a 7% decrease in income and a 2% decrease in grantmaking the charity broke even on the restricted fund. There was a deficit on the unrestricted fund.
Reserves policy
The charity does not have a specific reserve policy. Grants are made whenever an appropriate need for funds arise on the unrestricted fund and at the donors' discretion from the restricted funds. At the year end unrestricted funds were £5,303 deficit (2024- £5,968) and restricted funds £651(2024 - £10,002).
FUTURE PLANS
The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 28 August 2007.
Recruitment and appointment of new trustees
The power to appoint new trustees is vested in the continuing board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.
Risk management
The trustees have reviewed the major risks that the charity is exposed and confirm that they have established systems to mitigate them.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Kehal Chasidei Wiznitz Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
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KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 15 June 2026 and signed on its behalf by:
M H Kahan - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KEHAL CHASIDEI WIZNITZ LIMITED
Independent examiner's report to the trustees of Kehal Chasidei Wiznitz Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
E Meyer FCA BSc
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
15 June 2026
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KEHAL CHASIDEI WIZNITZ LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies - Other trading activities 2 33,715 Total 33,715 EXPENDITURE ON Charitable activities 3 Grantmaking 41,225 Support 3,761 Total 44,986 NET INCOME/(EXPENDITURE) (11,271) RECONCILIATION OF FUNDS Total funds brought forward 5,968 TOTAL FUNDS CARRIED FORWARD (5,303) |
Restricted fund £ 608,481 - 608,481 617,832 - 617,832 (9,351) 10,002 651 |
2025 Total funds £ 608,481 33,715 642,196 659,057 3,761 662,818 (20,622) 15,970 (4,652) |
2024 Total funds £ 654,424 34,443 |
|---|---|---|---|
| 688,867 | |||
| 672,312 3,368 |
|||
| 675,680 | |||
| 13,187 2,783 |
|||
| 15,970 |
The notes form part of these financial statements
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KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)
BALANCE SHEET 31 AUGUST 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 654 | 18,250 | |
| CREDITORS | |||
| Amounts falling due within one year | 8 | (5,306) | (2,280) |
| NET CURRENT ASSETS/(LIABILITIES) | (4,652) | 15,970 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | (4,652) | 15,970 | |
| NET ASSETS | (4,652) | 15,970 | |
| FUNDS | 10 | ||
| Unrestricted funds: | |||
| General fund | (5,303) | 5,968 | |
| Restricted funds: | |||
| Restricted fund | 651 | 10,002 | |
| TOTAL FUNDS | (4,652) | 15,970 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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 15 June 2026 and were signed on its behalf by:
M H Kahan - Trustee
The notes form part of these financial statements
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KEHAL CHASIDEI WIZNITZ LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ (17,596) (17,596) (17,596) 18,250 654 |
2024 £ 16,427 |
|---|---|---|
| 16,427 | ||
| 16,427 1,823 |
||
| 18,250 |
The notes form part of these financial statements
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| ACTIVITIES | ||
|---|---|---|
| Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Decrease in debtors Increase in creditors Net cash (used in)/provided by operations |
2025 £ (20,622) - 3,026 (17,596) |
2024 £ 13,187 3,000 240 |
| 16,427 |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.9.24 | Cash flow | At 31.8.25 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 18,250 | (17,596) | 654 |
| 18,250 | (17,596) | 654 | |
| Total | 18,250 | (17,596) | 654 |
The notes form part of these financial statements
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 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.
Income
Donations are included in full in the Statement of Financial Activities when received.
Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Grants are only recognised in the accounts when paid
Support costs are those incurred to assist the work of the charity but are not direct charitable activities.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
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.
Going concern
There are no material uncertainties about the charity's ability to continue.
2. OTHER TRADING ACTIVITIES
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| £ | £ | £ | £ | |
| Fee income | 33,715 | - | 33,715 | 34,443 |
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
3. CHARITABLE ACTIVITIES COSTS
| Grant funding of activities (see note 4) £ Grantmaking 659,057 Support - 659,057 4. GRANTS PAYABLE Grantmaking The total grants paid to institutions during the year was as follows: Advancement of education Advancement of religion Relief of poverty Medical Social welfare Amud Hatzdokoh Trust Chasdei Aharon Ltd Start Upright Chasdei Dov Tchabe Kollel Ltd College for Higher Rabbinical Studies Congregation Shaarei Shalom Tchabe Ltd Others under £15,000 The total grants paid to individuals during the year was as follows: Relief of poverty |
Support costs (see note 5) £ - 3,761 3,761 2025 £ 659,057 2025 £ 121,643 78,800 411,677 6,827 23,366 642,313 48,730 42,353 40,700 26,422 24,105 24,028 18,500 417,475 642,313 2025 £ 16,744 |
Totals £ 659,057 3,761 |
|---|---|---|
| 662,818 | ||
| 2024 £ 672,225 |
||
| 2024 £ 224,420 93,253 280,287 9,877 6,228 |
||
| 614,065 | ||
| 2024 £ 58,160 |
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
5. SUPPORT COSTS
| Finance £ Support 62 Support costs, included in the above, are as follows: Finance Bank charges Other Sundries Governance costs Independent examiner's fee Independent examiner's other fees General expenses |
Governance Other costs Totals £ £ £ 284 3,415 3,761 2025 2024 Total Support activities £ £ 62 66 2025 2024 Total Support activities £ £ 284 - 2025 2024 Total Support activities £ £ 540 720 1,740 1,560 1,135 1,109 3,415 3,389 |
|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
7. AVERAGE NUMBER OF STAFF
The average number of staff in the year was Nil (2024 - Nil).
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Accruals and deferred income ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted fund £ Current assets 3 Current liabilities (5,306) (5,303) MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Restricted fund £ 651 - 651 At 1.9.24 £ 5,968 10,002 15,970 Incoming resources £ 33,715 608,481 642,196 |
2025 2024 £ £ 5,306 2,280 2025 2024 Total Total funds funds £ £ 654 18,250 (5,306) (2,280) (4,652) 15,970 Net movement At in funds 31.8.25 £ £ (11,271) (5,303) (9,351) 651 (20,622) (4,652) Resources Movement expended in funds £ £ (44,986) (11,271) (617,832) (9,351) (662,818) (20,622) |
|---|---|---|
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
10.
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KEHAL CHASIDEI WIZNITZ LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.9.23 £ Unrestricted funds General fund 1,291 Restricted funds Restricted fund 1,492 TOTAL FUNDS 2,783 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 34,444 Restricted funds Restricted fund 654,423 TOTAL FUNDS 688,867 |
Net movement At in funds 31.8.24 £ £ 4,677 5,968 8,510 10,002 13,187 15,970 Resources Movement expended in funds £ £ (29,767) 4,677 (645,913) 8,510 (675,680) 13,187 |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
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