COMPANY REGISTRATION NUMBER.. 06614267
CHARITY REGISTRATION NUMBER: 1124961
Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Financial Statements
30 June 2024
BRINDLEY GOLDSTEIN LIMITED
Chartered accountants & statutory auditor
103 High Street
Waltham Cross
Herts
EN8 7AN

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Financial Statements
Year ended 30 June 2024
Page
Trustees. annual report (incorporating the director's report)
Independent auditorfs report to the members
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Statement of cash flows
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
10
11
12
13
20

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 30 June 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
financial statements of the charity for the year ended 30 June 2024.
Reference and admlnlstrative detalls
Mifal Tzedoko V'chesed Limited
Registered charity name
Charity registration number
Company registration number 06614267
Prlncipal office and registered 98 Lewis Gardens
offlGe
London
N16 5PJ
1124961
The trustees
Mr D Cimant
Mr A Steinmetz
Auditor
Brindley Goldstein Limited
Chartered accountants & statutory auditor
103 High Street
Waltham Cross
Herts
EN8 7AN

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (contlnu6dJ
Year ended 30 June 2024
structure, governance and management
Goveming document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
Every member of the company undertakes to contribute such an 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.
The trustees, who are also directors for the purpose of company law, and who served during the year
and up to the date of signature of the financlal statements were..
David Cirnent
Aron Steinmetz
The board of trustees may eléct or remove the Chair or any other officers that it wishes. Officers shall
be appointed from among the trustees, by a majority vote.
None of the trustees have any beneficial interest in the company.
None of the trustees are entitled to any remuneration for their seNices.
Organisational structure
The charity's activity is provide support and activities to young people which develop their skills and
capacities to enable them to participate in society as mature and responsible individuals. All decisions
made on behalf of the charity ar8 made by the trustees.
Objectives and activitles
The charity's objects are the advancement of the orthodox Jewish faith and education generally and
orthodox Jewish religious education. Furthermore the charity seeks to help in the relief of poverty,
sickness and infirmity amongst members of the Jewish faith. The trustees confirm that they have
referred lo guidance contained in the commissioners, general guidance on public benefit when
reviewing the Trust's aims and objectives and in planning future activities and setting Ihe grant making
policy for the y8ar.
strate9ic report
The following sections for achievements and performance and financial review form the strateglc
report of the Gharity.

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report) (conllftued)
Year ended 30 June 2024
Achievements and performance
Review of activities and achievements
The Gharity makes grants towards educatlon, training, the prevention or relief of poverty and
enhancement of the Jewish orthodox faith.
Fundraising via the receipt of donations continued in the year ensuring objectives set by the charity
were achieved. The charity received donation income of £7.241,660 {2023'. £990,731).
Reseries
The trustees ensure that there are sufficient reserves available to cover foreseeable commitments. In
addition, the trustees have received undertakings from local supporters to cover any deficit if such
should arise.
Governance and internal control
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that
systems are in place to mitigate exposure to the major risks.
Risk Management Revlew
A reviaw of the potential risks that are faced by the charity has b8en undertaken. Thase are seen lo be
in the area of financial control. Appropriate and reasonable systems are in plaGe to cover foreseeable
eventualities. Further reviews will be undertaken from time to time.
Financial review
The charity received income of £7,241,660 in the year which is a substantial increase on the previous
Year12023: £990,731).
The costs of running the charity in the year came to £7,418,585 {2023.. £982,588). The charity had a
deficit in the year of £176,925 (2023-. £8,143 surplus}.
The fund balance at the year end is £208,088 (2023: £385,013).
Trustees, responsibilities statement
The trustees, who are also directors for the purposes of company law, are responsible for preparing
the trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law r6quires the charity trustee5 to prepare financial statements for each year which give a
true and fair view of the state of affairs of ihe Gharitable company and the incorning resources and
application of resources, including the income and expenditure, for that period.

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating th8 Directorfs Report) (
Year ended 30 June 2024
contlnued)
In preparing these financial statements, the trustees are required to-.
select suitable accounting policies and then apply them consistently;
obseNe the methods and principles in tha applicable Charities SORP.,
make judgmenls and accounting estimates that are reasonable and pwdent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless bt is inappropriate to presume
thal the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonablg accuracy at any tima the financial
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
for taking reasonable stèps for the prevention and detection of fraud and other irregularities.
Audltor
Each of the persons who is a trustee at the date of approval of this report confirms that..
so far as ihey are aware, there is no relevant audit information of which the charity's auditor is
unaware; and
they have taken all steps Ihal they ought to have taken as a trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that
information.
The trustees, annual report and the strategic report were approved on 27 April 2025 and signed on
behalf of the board of trustees by=
Mr D Ciment
Trustee

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Independent Auditorfs Report to the Members of Mifal Tzedoko V'chesed
Limited
Year ended 30 June 2024
Oplnion
We have audited the financial statements of Mifal Tzedoko V'chesed Limited (the 'charity'l for the year
ended 30 June 2024 which comprise the statement of financial activities linduding income and
expenditure account), statement of financial position, statement of cash flows and the related notes,
including a summary of significant accounting policies. The financial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Stsndards,
including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
(United Kingdom Generally AC￿pted Accounting Practice}.
In our opinion the financial statements:
give a true and fair view of the state ofthe charity's affairs as at 30 June 2024 and of its incoming
resources and application of resources, including its Income and expenditure, for the year then
ended.,
have beèn properly prepared in accordance with Unit8d Kingdom Generally Accepted
Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.
Basi3 for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI (ISAS (UK)} and
applicable law. Our responsibilities under those standards are further described in Ihe audito¢s
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordanc8 With these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinlon.
Conclusions relating to going concern
In auditing the financial statemenls, we have concluded that the truslees, use of the going concern
basis of accounting in ihe preparation of the financial statemenls is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
evenls or conditions Ihat, individually or colleclively, may cast significant doubt on the charity's ability
to continue as a going concem for a period of at least twelve months from when the financial
statements are aulhorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concem are described
in the relevant sections of this report.

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Mifal Tzedoko V'chesed
Limited (Continued)
Year ended 30 June 2024
Other information
The other infomation Gomprises the information included in the annual report. other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extent
othenmise explicilly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audTt of the financial statements, our responsibility 15 to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or othetwise appears to be materially
misstaled. If we identify such material inconsistencies or apparent material misstatements, we are
required to determine whether there is a material misstatement in the financial statements or a
material misststement of the other inforrnation. If, based on the work we have performed, we conclude
that there is a material rnisstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees. report for the financial year for which the financial
statements are prepared is consistent with the financial statements., and
the trustees. report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of Ihe audit. we have not identified material misstatements in the trustees. report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion-.
adequate accounting records have not been kept, or returns adequate for our audit have not
been received from branches not visited by us: or
the financial statements are not in agreemenl With the accounting records and relurns; or
certain disclosures of trust8es' remuneration specifi8d by law are not made. or
W8 have not raceived all the information and explanations we require for our audit.

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Independent Auditorfs Raport to the Members of Mifal Tzedoko V'chesed
Limited (continued)
Year ended 30 June 2024
Responslblllties of trustees
As explained more fully in the trustees, responsibilities statement, the trustees {who are also the
directors for the purposes of Gompany law) are responsible for the preparation of the finanGlal
statements and for being satisfied Ihat they give a true and fair view, and for such internal conlrol as
the trustees determine is necessary to enable the preparation of financial slatements that are free
from material misstatement, whether due to fraud or error.
In preparing the financial ststements, the trustees are responsible for assessing the charity's ability to
continue as a going concern. disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease
operations, or have no realistic altemative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial ststements as a whole
are free from material misstat8ment, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is nol a guarantee that
an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it
exists. Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected lo influence the economic decisions of users tsken on
the basis of these financial statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. Vve design
procedures in line with our responsibilities, autlined above, to detect material misststements in respect
of irregularities, including fraud. The extent lo which our procedures are capable of detecting
irregularities, including fraud is detalled below..
Identifying and testing journal entries and the overall accounting racords, particularly those that were
significant and unusual.
Reviewing the financial statement disclosures and determining whether accounting policies have been
approprialgly applied.
Assessing the extent of compliance, or lack of, with relevanl18ws and regulations.
Testing key revenue lines, for evidence of management bias.
Verification of key assets.
Obtaining thir&party confirmation of material balances.
Documenting and verrfying all SIgn￿cant related paty balances and transactions.
Reviewing documentation such as the company board minutes, correspondence with solicitors, for
discussions of irregularities including fraud.

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Mifal Tzedoko V'chesed
Llmited (continued)
Year ended 30 June 2024
As part of an audit in accordance with ISAS (UKI, we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of Ihe financial ststements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detectiny a material misstatement resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of intemal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
opinion Dn the effectiveness of the intemal conlrol.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trustees, use of the going concern basi5 of accounting
and, based on the audit evidence obtsined. whether a material uncertainty exists related to
events or wnditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw att8ntion in
our auditor's report to the related disclosur8s in Ihe financial statements or, if such disclosures
are inadequate. to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditor's report. However, future avents or conditions may cause the charity
to cease to continue as a going concem.
Evaluate Ihe overall presentation, structure and Gontent of the financial ststements, including the
disclosures, and whether the financial statements represent Ihe underlying transactions and
events in a manner that achieves fair presentation.

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Mifal Tzedoko Vchesed
Limited (continuod)
Year ended 30 June 2024
We communicate with those charged with governance regarding, among other matters, the planned
scope and timing of the audit and significant audit findings, including any significant deficiencies in
internal conlrol that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charity's members those matters we are required to state to them in an 8uditoVs report and for no
other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to
anyone other than the charity and the charity's members as a body, for our audit work, for this report,
or for the opinions we have formed.
C.H. Goldstein FCA (Senior Statutory Auditor}
For and on béhalf of
Brindley Goldstein Limited
Chartered accountants & statutory auditor
103 High Street
Waltham Cross
Herts
EN8 7AN
27 April 2025

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 June 2024
2024
Unrestricled
funds Total funds Total funds
2023
Note
Income and endowments
Donations and legacies
Total Incorne
990,731
990,731
7,241,660
7,241,660
7.241,660
7,241.660
Expenditure
Expenditure on charitable activities
Total expendlture
7,418,585
7,418,585
982,588
982,588
6.7 7,418,585
7.418,585
Net (expenditurellincome and net movement in funds
(176,925) {176,925)
8,143
ReconGillation of funds
Totsl funds brought forward
Total funds carried for¥vard
376,870
385,013
385,013
208,088
385,013
208,088
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notss on pages 13 to 18 form part of the69 fSnanGial ststsmonts.
10

Mifal Tzedoko Vchesed Limited
Company Limited by Guarantee
Statement of Financial Position
30 June 2024
2024
2023
Note
Current assets
Debtors
Cash at bank and in hand
12
244,160
7,207
439,286
963
251,367
440,249
Creditor5: amounts falling du• within one year
Net Current assets
13
24,801
18,540
226,566
421,709
Total assets less current Ilabilltles
Creditors: amounts falling due after more than one year
Net assets
226,566
421,709
14
18,478
36,696
208,088
385,013
Funds of the charity
Unrestricted funds
208,088
385,Q13
Total charlty funds
15
208,088
385,013
These financial statements were approved by the board of trustees and authorised for issue on 27
April 2025, and are signed on behalf of the board by.
Mr D Ciment
Trustee
The notes on pages 13 to 18 form part of thesp flnanclal Statemants.
11

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Statemént of Cash Flows
Year ended 30 June 2024
2024
2023
Cash flows from operating activities
Net {expenditure)lincome
Adjustments for.-
Interest payable and similar charges
Accrued expens8s
other operating cash flow adjustment
Changes in..
Trade and other debtors
Cash generated from operations
Interest paid
Net Gash froml(used in) operating activities
(176,925)
8,143
1,546
3.800
376,870
8,841
400
{439,286}
{48,927)
195,126
27,442
18,841 }
18,601
(1,546)
(50,473)
Cash flows from financing activities
Proceeds from borrowings
Net cash (used inyfrom financing activities
51,436
51,436
(12,3571
(12,3571
Net increase in cash and cash equivalents
Cash and cash equivalents at beglnnlng of year
Cash and cash equivalents at end of year
6,244
963
963
963
7.207
The notss on pages 13 to 18 form part of these flnanGial statomgnts.
12

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 June 2024
General information
The charity is a public benefit entity and a private oompany limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
registered office is 98 Lewis Gardens. London, N16 5PJ.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wilh the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting pollcles
Basls of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revalL¢alion of certain financial assets and liabilities and investment properties measured at fair
value through income or expanditure.
The financial ststements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no matarial Un￿rtaIntieS about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
There are no judgements and estimates.
Fund accounting
Unrestricted funds are available for use at the discretion of the truslees lo further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on thelr expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.
13

Mifal Tzedoko Wchesed Limited
Company Limited by Guarantee
Notes to the Financial Statements Icontlnu8d)
Year ended 30 June 2024
Accounting pollcies (Gontinuedj
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity. it is probable that the economic benefils associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categorie5 of income-.
income from donations or grants is recognised whèn there is evidence of 8ntitlem8nt to tho
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
Income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donaled facilities and seNices are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracled service. This is classified as unrestricted funds unless there is a contractual
requirement for rt to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates-
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includas all costs incurrad by a charity in undertaking
aclivities that further its charitabl8 aims for the benefit of its beneficiaries. including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditura includes all expenditure that is noithar ralatad to raising funds for the
charity nor part of its expenditure on charitable activiti8s.
All costs are alloGaled to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to Ihat activity. Shared oosts are apportioned
belween the activities they contribute to on a reasonabl8, justifiable and Gonsistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
14

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 30 June 2024
Accounting policies (Gontlnuedj
Financial instruments (continuedj
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or olher
consideration exp8Cted to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can othe￿ise be measured
reliably, the investment is subsequently measured at falr value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost18ss impairment.
Other financial instrurnents, including derivalives, are initl8lly recognised at fair value, unless
payment for an asset Is deferred beyand normal business terms or financed at a rate of interest
thal is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a sirnilar debt instrument.
Other financial inslruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in 8
designated hedging relationshlp.
Financial assets that are measured at cost or amortised cost ar8 reviewed for objective evidence
of impairment at the 8nd of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activilies in which the initial gain was recognised.
For all equity instrurnents regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. other financial asset5 are
eithar assessed individually or grouped on the basis of similar credit risk Gharacteristics.
Any reversals of impairment are recognised immediately, to th8 extent that the reversal does not
result in a carying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been rècognised.
Limited by guorantee
The company is limited by guarantee and has no share capital. Every member of the company
undertakes to conlribute to the assets of the company. in the event of a winding up, such an
amount as may be required not exceeding £1.
Donatlons and logacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Donations and legacies
7,241,660
7,241,660
990,731
990,731
15

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Notes to the Financial Statements (continuod)
Year ended 30 June 2024
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2D23
Charitable donations
Support costs
7,400,408
18,177
7,400,408
18,177
7,418.585
958.706
23,882
982,588
958,706
23,882
7,418,585
982,588
Expenditure on charitable activities by activity typo
Activities
undertaken Grant funding
directly
of activities
Support Total funds
costs
2024
Total fvnd
2023
Charitable donations
Governance costs
9,547
7,390,861
13,517
4,660
7,413,925
4,660
978,388
4,200
9,547
7,390,861
18,177
7.418,585
982,588
Analysis of support costs
Analysis of
support costs
activity Total 2024 Total 2023
Premises
General office
Governance costs
10.500
3,017
4,660
10,500
3,017
4,660
10,500
9,182
4,200
18,177
18,177
23,882
Analysis of grants
2024
2023
Grants to institutions
Grants to institutions
6,973,669
587,386
Grants to Individuals
Granls to individuals
417,192
369,341
Total grants
7,390,861
956,727
10. Auditors romunoration
2024
2023
Fees payable for the audit of the financial statements
4.660
16

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Notes to the Financlal Statements {continued)
Year ended 30 June 2024
11. Trustee remuneration and expenses
None of the trustees (or any persons connected with them) received any remuneration or
benefits from the Charity during the year.
12. Debtors
2024
2023
244.160
439,286
oth8r debtors
13. Creditors: amounts falling due wlthin one year
2024
2023
Bank loans and overdrafts
Accruals and deferred income
20,601
4,200
14,740
3,800
24,801
18,540
14. Creditors: amounts falling due after more than one year
2024
2023
36,696
Bank loans and overdrafts
18,478
15. Analysis of charitable funds
UnrestriGted funds
At
30 June 202
At
1 July 2023
Income Expenditure
7,241,660 17,418,585)
208,088
General funds
385,013
At
1 July 2022
At
Income Expenditure 30 June 2023
990,731
1982,588)
385,013
General funds
376,870
17

Mifal Tzedoko V'chesed Limited
Company Limited by Guarantee
Notes to the Financial Statements {eontlnuedJ
Year ended 30 June 2024
16. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Current assets
Creditors less than 1 year
Creditors gr8at8r than 1 year
Net assets
251.367
{4,200)
(39,079)
208,088
251,367
14,2001
(39,079)
208,088
Unrestricted Total Funds
Funds
2023
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
440,249
118,540)
136,696)
385,013
440.249
{18.540}
(36,696)
385.013
17. Analysis of changes in net debt
At
At l Jul 2023 Cash flows 30 Jun 2024
Cash al bank and in hand
Debt due within one year
Debt due after one year
963
(14,740)
(36,696)
(50,473}
6,244
15,8611
18,218
7,207
{20,6011
{18.478)
{31.872)
18,601
18