REGISTERED COMPANY NUMBER: 06337422 (England and Wales) REGISTERED CHARITY NUMBER: 1121260
YEITEV LEV ERETZ ISRAEL 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
YEITEV LEV ERETZ ISRAEL 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 | 12 |
YEITEV LEV ERETZ ISRAEL LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEES S Berkowitz M Freund I Scher COMPANY SECRETARY S Berkowitz REGISTERED OFFICE First Floor 94 Stamford Hill London N16 6XS REGISTERED COMPANY 06337422 (England and Wales) NUMBER REGISTERED CHARITY 1121260 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS Barclays Bank plc 1 Churchill Place London E14 5HP
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YEITEV LEV ERETZ ISRAEL LIMITED (REGISTERED NUMBER: 06337422)
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
Objectives for public benefit
The objects of the charity are the advancement of the Orthodox Jewish faith, the advancement of Orthodox Jewish religious education, the relief of poverty, sickness and infirmity amongst members of the Jewish faith and such other purposes as are recognised as charitable by English Law.
The objects of the charity are achieved by grantmaking. The trustees confirm that they have given due regard to the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities, and setting the grant making policy for the year.
Grantmaking policy
In general the trustees select the institutions to be supported according to their personal knowledge of work of the institution. Whilst not actively inviting applications, they are always prepared to accept any application which will be carefully considered and help given according to circumstances and funds then available.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The charity is reliant on voluntary donations income.The trustees are satisfied with the results for the year. Income was in line with he the previous year with a reduction in expenditure leaving a surplus for the year. The charity continued its philanthropic activities and has maintained its support of advancement of education, advancement of religion and the relief of poverty, as per note 5 to the financial statements.
FINANCIAL REVIEW
Reserves policy
The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end were £25,830 (2024- £3,546).
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 it governed by its Memorandum and Articles of Association dated 8 August 2007.
Organisational structure
The power to appoint new trustees is vested in the continuing board. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the board and are given, in the view of the board, sufficient training to understand the nature of the charity and be able to comply with the charity's current views. They are also encouraged to read the Charity Commission's various publications on trustees. All trustees give of their time voluntary.
Risk management
The trustees have reviewed the major risks that the charity faces and confirm that they have established systems to mitigate them.
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YEITEV LEV ERETZ ISRAEL LIMITED (REGISTERED NUMBER: 06337422)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
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 14 May 2026 and signed on its behalf by:
M Freund - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YEITEV LEV ERETZ ISRAEL LIMITED
Independent examiner's report to the trustees of Yeitev Lev Eretz Israel 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:
-
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
14 May 2026
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YEITEV LEV ERETZ ISRAEL LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 AUGUST 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 563,416 Investment income 2 155 Total 563,571 EXPENDITURE ON Raising funds 32,773 Charitable activities 3 Grantmaking 505,353 Support 3,161 Total 541,287 NET INCOME 22,284 RECONCILIATION OF FUNDS Total funds brought forward 3,546 TOTAL FUNDS CARRIED FORWARD 25,830 |
2024 Total funds £ 566,699 148 566,847 27,412 531,557 2,688 561,657 5,190 (1,644) 3,546 |
|---|---|
The notes form part of these financial statements
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YEITEV LEV ERETZ ISRAEL LIMITED (REGISTERED NUMBER: 06337422)
BALANCE SHEET 31 AUGUST 2025
| Notes CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds: General fund TOTAL FUNDS |
2025 Total funds £ 35,510 (9,680) 25,830 25,830 25,830 25,830 25,830 |
2024 Total funds £ 7,666 (4,120) 3,546 3,546 3,546 3,546 3,546 |
|---|---|---|
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 14 May 2026 and were signed on its behalf by:
M Freund - Trustee
The notes form part of these financial statements
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YEITEV LEV ERETZ ISRAEL LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Interest received Net cash provided by investing 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 £ 27,689 27,689 155 155 27,844 7,666 35,510 |
2024 £ 3,602 |
|---|---|---|
| 3,602 | ||
| 148 | ||
| 148 | ||
| 3,750 3,916 |
||
| 7,666 |
The notes form part of these financial statements
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YEITEV LEV ERETZ ISRAEL LIMITED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 AUGUST 2025
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Net income for the reporting period (as per the Statement of | ||||
| Financial Activities) | 22,284 | 5,190 | ||
| Adjustments for: | ||||
| Interest received | (155) | (148) | ||
| Increase/(decrease) in creditors | 5,560 | (1,440) | ||
| Net cash provided by operations | 27,689 | 3,602 | ||
| 2. | ANALYSIS OF CHANGES IN NET FUNDS | |||
| At | 1.9.24 | Cash flow | At 31.8.25 | |
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank | 7,666 | 27,844 | 35,510 | |
| 7,666 | 27,844 | 35,510 | ||
| Total | 7,666 | 27,844 | 35,510 |
The notes form part of these financial statements
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YEITEV LEV ERETZ ISRAEL 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. Other income is recognised when receivable.
Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT.
Raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose
Grants made are recognised 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.
Going concern
There are no material uncertainties about the charity's ability to continue.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Total | |
| funds | funds | |
| £ | £ | |
| Deposit account interest | 155 | 148 |
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YEITEV LEV ERETZ ISRAEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
3. CHARITABLE ACTIVITIES COSTS
| Grant funding of activities Support (see note costs (see 4) note 5) £ £ Grantmaking 504,909 444 Support - 3,161 504,909 3,605 4. GRANTS PAYABLE 2025 £ Grantmaking 504,909 The total grants paid to institutions during the year was as follows: 2025 £ Advancement of religion 380,320 Advancement of education 105,000 Relief of poverty 14,679 499,999 Mosdos Yetev Lev Israel 380,320 Kollel Avreichim 100,000 Others under £8,000 19,679 499,999 The total grants paid to individuals during the year was as follows: 2025 £ Social welfare 4,910 5. SUPPORT COSTS Governance Other costs £ £ Grantmaking 444 - Support 1,091 2,070 1,535 2,070 |
Totals £ 505,353 3,161 |
Totals £ 505,353 3,161 |
|---|---|---|
| 508,514 | ||
| 2024 £ 531,557 |
||
| 2024 £ 510,755 8,770 6,700 |
||
| 526,225 | ||
| 2024 £ 5,332 Totals £ 444 3,161 3,605 |
2024 £ 5,332 |
|
| 3,605 |
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YEITEV LEV ERETZ ISRAEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
5. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
Other
| Other | ||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| Total | Total | |||
| Grantmaking | Support | activities | activities | |
| £ | £ | £ | £ | |
| Sundries | 444 | 1,091 | 1,535 | 1,068 |
| Governance costs | ||||
| 2025 | 2024 | |||
| Total | ||||
| Support | activities | |||
| £ | £ | |||
| Independent examiner's fee | 840 | 810 | ||
| Independent examiner's other fees | 840 | 810 | ||
| General expenses | 390 | - | ||
| 2,070 | 1,620 |
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.
7. AVERAGE STAFF NUMBERS
The average number of staff in the year was Nil (2024 - Nil)
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| Other creditors Accruals and deferred income |
2025 £ 8,000 1,680 9,680 |
2024 £ 2,500 1,620 |
| 4,120 |
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YEITEV LEV ERETZ ISRAEL LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 August 2025.
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