**REGISTERED CHARITY NUMBER: 1121865** **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **FOR** ## **THE DAVIDAV CHARITABLE TRUST** Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH **THE DAVIDAV CHARITABLE TRUST** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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 7| **THE DAVIDAV CHARITABLE TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 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** ## **Objectives and aims** The objects of the charity are to relieve poverty by providing assistance and support to those in need, to advance education through the promotion and support of educational activities and institutions, to advance the Jewish religion, and to further such other charitable purposes as are for the benefit of the community as a whole. ## **Public benefit** The Trustees confirm that they have had due regard to the Charity Commission’s general guidance on public benefit in reviewing the charity’s aims and objectives and in planning its future activities and grant-making policy for the year, ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** The Trustees consider that the charity’s activities during the year were satisfactory. During the year, the charity made donations totalling £73,415 (2024: £70,664) in support of religious, educational and other charitable institutions. ## **FINANCIAL REVIEW** ## **Financial position** The charity received income of £75,485 in the year ended 31 March 2025 (2024: £71,350), derived wholly from donations. Total expenditure amounted to £74,015 (2024: £71,264), comprising grants to charitable institutions of £73,415 (2024: £70,664) and governance costs of £600 (2024: £600). This resulted in a net surplus for the year of £1,470 (2024: £86). As at 31 March 2025, the charity held cash at bank of £1,566 (2024: £96) and had creditors falling due within one year of £600 (2024: £600). Net current assets and total unrestricted funds at the year end therefore amounted to £966 (2024: net liabilities of £504). The Trustees consider that the level of funds held is adequate to support the charity’s ongoing grantmaking activities. ## **Reserves policy** The charity aims to maintain an appropriate level of reserves to enable it to continue its grantmaking activities on a consistent basis and to meet any unforeseen or additional demands for support from organisations or institutions in times of need. The Trustees consider that the current level of funds is sufficient to support the charity’s activities and the provision of assistance through grants in the short term, and that the charity’s overall financial position remains satisfactory. ## **FUTURE PLANS** The charity intends to continue the activities outlined above in the forthcoming years, subject to the receipt of sufficient incoming resources. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** Trustees are appointed in accordance with the provisions of the trust deed. The Board seeks to ensure that it has an appropriate balance of skills, knowledge and experience to enable the charity to be administered effectively. Details of trustees’ appointments, re-appointments and retirements are properly recorded. New trustees are provided, on appointment, with an introduction to the charity and are given access to the governing document, together with the charity’s most recent annual report and financial statements, to support them in understanding their duties and responsibilities. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1121865 Page 1 **THE DAVIDAV CHARITABLE TRUST** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **Principal address** 25 Shirehall Gardens London NW4 2QT ## **Trustees** Mr A J Bloom Mr S D Frei Mrs V Prager ## **Independent Examiner** Aryeh Melinek FCA Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH ## **Bankers** Barclays Bank PLC Leicester Leicestershire LE87 2BB Approved by order of the board of trustees on 18 December 2025 and signed on its behalf by: Mr A J Bloom - Trustee Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DAVIDAV CHARITABLE TRUST** ## **Independent examiner's report to the trustees of The Davidav Charitable Trust** I report to the charity trustees on my examination of the accounts of The Davidav Charitable Trust (the Trust) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Aryeh Melinek FCA Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH 18 December 2025 Page 3 **THE DAVIDAV CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**2025**
**Unrestricted**
**fund**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**75,485**
**EXPENDITURE ON**
**Charitable activities**
Charitable activities
**74,015**
**NET INCOME**
**1,470**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**(504)**
**TOTAL FUNDS CARRIED FORWARD**
**966**|2024
Total
funds
£
71,350
71,264
86
(590)
(504)| |---|---| The notes form part of these financial statements Page 4 ## **THE DAVIDAV CHARITABLE TRUST** ## **BALANCE SHEET** ## **31 MARCH 2025** |||**2025**|2024| |---|---|---|---| |||**Unrestricted**|Total| |||**fund**|funds| ||Notes|**£**|£| |**CURRENT ASSETS**|||| |Cash at bank||**1,566**|96| |**CREDITORS**|||| |Amounts falling due within one year|4|**(600)**|(600)| |**NET CURRENT ASSETS/(LIABILITIES)**||**966**|(504)| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**966**|(504)| |**NET ASSETS/(LIABILITIES)**||**966**|(504)| |**FUNDS**|||| |Unrestricted funds||**966**|(504)| |**TOTAL FUNDS**||**966**|(504)| The financial statements were approved by the Board of Trustees and authorised for issue on 18 December 2025 and were signed on its behalf by: Mr A J Bloom - Trustee The notes form part of these financial statements Page 5 **THE DAVIDAV CHARITABLE TRUST** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Financial reporting standard 102 - reduced disclosure exemptions** The charity 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. ## **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. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** All funds held are unrestricted income funds. Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ## **2. GRANTS PAYABLE** A summary of grants made to institutions during the year is as follows: |Name of institution|Amount (£)| |---|---| |Hasmonean High School Charitable Trust|21,900| |British Friends of Igud Hakolelim B'Yerushalayim|12,000| |Independent Jewish Day School|8,820| |Menorah Foundation School|8,325| |Menorah Primary School|5,400| |Other|16,970| |Total|73,415| continued... Page 6 **THE DAVIDAV CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Accrued expenses|**2025**
**£**
**600**|2024
£
600| |---|---|---| ## **5. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2025. Page 7