CHARITY REGISTRATION NUMBER: 1125846 Metzach Trust Unaudited Financial Statements For the year ended 31 March 202S COHEN ARNOLD Chartered accountants New Burlington House 1075 Finchley Road London NWII OPU
Metzaeh Trust Financial Statements Year ended 31 March 2025 Pages Trustees, annual report Ito2 Independent examiner's report to the trustees Statement of financial activities Statement of fmancial position Notes to the fmancial statements 6tolO
Metzach Trust Trustees, Annual Report Year ended 31 March 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and administrative details Registered charity name Cbarity regi8trAtion number Principal offiee Metzach Trust 1125846 37 Darenth Road London N16 6ES The trustee$ Mr M Stern Mrs V Stern Mrs C Rapaport Mr M Bron¢r-Cohen FCA New Burlington House 1075 Finchley Road London NWII OPU IDdepeDdent examiner Structurey governance and management Governing Document The organisation is governed by the Trust Deed dated 3 September 2008. Appointment and Recruitment of Trustees It is not currently the intention of the Trustees of the Charity to appoint new Trustees. Should the situation change in the future, the Trustees will apply suitable recruitment training and induction procedures. Risk l¥lanagement The trustees have identified and reviewed the major risks to which the Trust is exposed, in particular those related to the operations and finance of the Trust, and are satisfied that systems are in pla¢¢ to mitigatc those risks.
Metzach Trust Trustees Annllal Report leonrfirtued) Year ended 31 March 2025 Objectives and activities The charity was established for the advancement of religion and religious education in accordance with the Orthodox Jewish Faith, for the relief of sickness and poverty amongst persons of the Orthodox Jewish Faith and such other purposes as are charitable according to English law and are for the benefit of the public. The income of the charity is derived from donations from individuals and charitable institutions. The Charity utilises its income to make grants and donations to further the charitable objectives stated above. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charitys aims and objectives and in planning future activities and setting the grant making policy for the year. Acbievements and performance During the year the Charity continued its philanthropic activities in support of the advancement of the Orthodox Jewish faith, education and the relief of poverty, as well as other general charitable purposes. Aggregate donation5 in the sum of £21,570 w¢re paid in th¢ year to 31 March 2025. The overall perforniance of the year resulted in a surplus for the charity of £8,720. Financial review Income from donations received in the year aggregated £31,250. As at 31 March 2025 the Charity had a surplus of £12,132 in Unrestricted Funds. The financial statements have been prepared on the going concern basis as there are no material uncertainties to the Charity's ability to continue. The financial results of the Charity's activities for the year ended 31 March 2025 are fully reflected in the attached Financial Statements together with the Notes ther¢on. Reserves Policy The charity has no overheads and makes grants when the funds are available, For this reason, there is no reserves policy in place at this time. If th¢ situation changes, the Trustees will formulate and instate a charity reserves policy. Plans for future periods The charity plans to continue the activities outlined above in forthcoming years subject to satisfactory incoming resources. The trustees, annual report was approved on 29 July 2025 and signed on behalf of the board of trustees by: Mrs V Stern Trustee
Metzach Trust Independent Examiner's Report to the Trustees of Melzach Trust Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of Metzach Trust ('the charity,) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) of the Act. Independent examiner's statement I hav¢ completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act; or the financial statements do not accord with those records. or the financial statements 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. Mr M Broner-cohen FCA Independent Examiner New Burlington House 1075 Finchley Road London NWI I OPU Date
Metsach Trust Statement of Financial Activities Year ended 31 March 2025 2025 Unrestricted funds Tot21 funds Totsl funds 2024 Note Income and endowments Donations and legacies Total income 31,250 31250 31,250 37,500 37,500 31,250 Expenditure Expenditure on charitable activities Total expenditure (22,530) {22,530) (22,530) (22,530) (16,780) (16,780) Net ineome and net movement in funds 8,720 8,720 20,720 Reconciliation of funds Total funds brought forward Total funds carried forward 3,412 12,132 3,412 12,132 (17,308) 3,412 The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes om page5 6 to 10 form part of these financial statements.
Metzach Trust Statement of Financial Position 31 March 2025 2025 2024 Not¢ Current assets Cash at bank and in hand 37J14 28,594 Creditors: amounts falling due within one year Net current assets 11 (25,182) (25,182) 12,132 12,132 3,412 3,412 Total assets less current liabilities Funds of the charity Unrestricted funds 12,132 12,132 3,412 3.412 Total charity funds 12 These financial statement5 were approved by the board of trustees and authorised for issue on 29 July 2025, and are signed on behalf of the board by: Mr M Stern Trustee Mrs V Stern Trustee The notes on pages 6 to 10 form part of these fiDaneial ststements.
Metzaeh Trust Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 37 Darenth Road, London, Nl 6 6ES. 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 with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. AceouDIiDg pollcles Basis of preparation The financial statements have been prepared on the historical Cost basis. as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's abil ity to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Besides those stated below, there were no judgements, estimates and assumptions that affected the amounts reported in the year. Fund accounting Unrestricted funds ar¢ available for use at the discr¢tion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earniarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the ternis of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. IDcoming resources All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
MetLach Trust Notes to the Financial Statements (eonlinued) Year ended 31 March 2025 Accounting policies fconlinued) Incoming resources (conilntse income from donations or grants is recognised when there is evidence of entitlement to the gifL receipt is probable and its amount can be measured reliably. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any V AT 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. event& non- charitable trading activities, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable 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 expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable. justifiable and consistent basis. Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a paty to the contractual provisions of the instrument. Basic financial instruments are initially reCOlSed at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently m¢asured at the cash or other consideration expected to be paid or received and not discounted. Donations and legacles Unrestricted Total FuJJds Unrestricted Total Funds Funds 2025 Funds 2024 Donations Gift Aid received Donations received 6,250 25,000 31,250 6,250 25,000 7,500 30,000 37,500 7,500 30,000 37,500 31,250
Melzach Trust Notes to the Financial Statements (eoftilnued) Year ended 31 March 2025 Expenditure on charitable aclivities by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Charitable donations Support costs 21,570 960 21,570 960 15,880 900 15,880 900 22,530 22,530 16.780 16.780 Expenditure on charitable aclivities by Activity type Grant funding of activitics Support costs Total funds 2025 Total fund 2024 Charitable donations Governance costs 21,570 21,570 960 15.880 900 960 21,570 960 22,530 16,780 Analysis of support costs Support costs Total 2025 Total 2024 Governance costs 960 960 900 Analysis of grants 2025 2024 Grants to institutions The Bels Nadvorne Charitable Trust Chasdei Aharon Limited Yad Shlomo Trust Schiffshul Ltd Ch¢vras Mo'oz Ladol Friends of Sanz Institutions Amud Hatzdokoh Trust Ezer Viznitz Foundation Other grants <£ 1,000 2,200 1,750 2,500 3,000 2.000 4,51)0 5(10 1,650 1,000 5?70 2,600 4,750 5,630 15,880 15,880 21,570 21,570 Total grants
Metzacb Trust Notes to the Financial Statements (eonrfnAed) Year ended 31 March 2025 Analysis of grants (conlinued) The grants made during the year were for th¢ following purposes: 2025 2024 Advancement of th¢ Jewish Religion Advancement of Education Relief of Poverty Other general charitable purposes Total 3,409 5,693 4,534 7,934 21,570 3,516 2,757 3,532 6,075 15,880 IDdepeDdent examination fees 2025 2024 Fees payable to the independent examiner for: Independent ¢xamination of the financial statements 960 900 10. Trustee remuDeratloll and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. 11. Credilors: amounts fydlling due within one year 2025 2024 Other Creditors 25,182 25,182 Other creditors includes £25,182 (2024: £25,182) owed to one of the Trustees. The loan is interest fre¢ and repayable on demand.
Metzach Trust Notes to the Financial Statements (e()rtdnued) Year ended 31 March 2025 12. Analysis of charitable funds Unrestrieted funds At l April 2024 At Income Expenditure 31 March 2025 General funds 3,412 31,250 (22.530> 12,132 At l April 2023 At Income Expenditur¢ 31 March 2024 General funds (17,308) 37,500 (16,780) 3,412 13. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Current assets Creditors less than l year Net assets 37,314 (25,182) 12,132 37J14 (25,182) 12,132 Unrestricted Total Funds Funds 2024 Current assets Creditors less than l year Net assets 28,594 (25,182) 3,412 28,594 (25,182) 3.412 io-