OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-11-30-accounts

REGISTERED CHARITY NUMBER: 1127977

YESAMACH LEVAV TRUST

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS

YESAMACH LEVAV TRUST

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Report of the Independent Auditors 4 to 6
Statement of Financial Activities 7
Balance Sheet 8
Cash Flow Statement 9
Notes to the Cash Flow Statement 10
Notes to the Financial Statements 11 to 17

YESAMACH LEVAV TRUST

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 NOVEMBER 2024

TRUSTEES

M H Bindinger N B Bindinger R Spitzer 160 Holmleigh Road London N16 5PY

PRINCIPAL ADDRESS 160 Holmleigh Road London N16 5PY REGISTERED CHARITY 1127977 NUMBER AUDITORS Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS National Westminster Bank Plc 198 Stoke Newington High Street London N16 7GA

Page 1

YESAMACH LEVAV TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 30 November 2024. 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 charity's objective is to raise funds, collect donations and apply the funds and income for the benefit of charitable purposes and particularly for the purpose of the advancement of the orthodox Jewish religious faith and education; the relief of poverty, sickness and infirmity amongst members of the Jewish faith and such other purpose as are charitable according to English law.

Public benefit

The trustees of the charity confirm that they have considered the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives, and in planning future activities and setting grant making policy for the year.

Grantmaking

The trustees are approached for donations by a wide variety of charitable institutions. The trustees consider all requests which they receive and make donations based on circumstances and funds available. The trustees also select the institutions to be supported according to their knowledge of work of the institution. Applications by individuals must be accompanied by a letter of recommendation by the applicant's minister or other known religious leader.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The charity derives its income from voluntary donations. The trustees consider the performance of the charity during the year to be satisfactory . Income received in the year was £5,753,297 (2023 - £4,901,375), up approx.17% from last year's figures. Grants made in accordance with the charity's objects were £5,592,843 (2023 - £4,793,821), also up 17% from the previous year. The charity had a small deficit for the year.

FINANCIAL REVIEW

Investment policy and objectives

In accordance with its trust deed the trustees have the power, at their absolute discretion, to make any investment, that they think fit. In this regard the trustees regularly review the charity's position and needs in respect of investment policy and invest excess funds to produce income and safeguard the interest of the charity.

Reserves policy

It is the charity's policy that only funds that have cleared the bank be allowed to be used as payment for grants and donations. The trustees therefore ensure that the charity retains sufficient funds to cover immediate anticipated outgoings. They have contact at all times with potential donors who are able to assist with the charity's requirements. Reserves at the year end were £225,684 (2023 - £226,318). Free reserves at the year end stood at £107,784 (2023 - £119,886).

FUTURE PLANS

The trustees anticipate that the charity will continue on a similar basis in the foreseeable future and there are no plans for any major changes.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity was constituted and is governed by a Trust Deed dated 1st December 2008.

Recruitment and appointment of new trustees

The power to appoint new trustees is vested in the board. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.

Page 2

YESAMACH LEVAV TRUST

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The day-to-day affairs of the charity are administered by the staff and overseen by the trustees who are familiar with all the charitable causes that the charity supports. Regular meetings are held to review and discuss the charity's activities. All trustees give of their time freely and no remuneration or expenses were paid to any trustee during the year.

Risk management

The trustees have reviewed the major risks to which the charity is exposed and confirm that they have established systems to mitigate them.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees 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".

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 29 September 2025 and signed on its behalf by:

N B Bindinger - Trustee

Page 3

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF YESAMACH LEVAV TRUST

Opinion

We have audited the financial statements of Yesamach Levav Trust (the 'charity') for the year ended 30 November 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, 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 Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' 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 accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is 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 otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF YESAMACH LEVAV TRUST

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, 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 alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not 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 to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In performing an audit, we exercise professional judgment and maintain professional scepticism throughout the audit.

We also identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than one for one resulting from error, as fraud may involve collusion, forgery, intentional omissions misrepresentation or override of internal control.

Obtain an understanding of internal 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 on the effectiveness of charity's internal control.

Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.

Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about charity's ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF YESAMACH LEVAV TRUST

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' 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 trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS

29 September 2025

Page 6

YESAMACH LEVAV TRUST

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Investment income
3
Other income
Total
EXPENDITURE ON
Raising funds
4
Charitable activities
5
Grantmaking
Office expenses
Support costs
Cultural and religious events
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
5,753,194
103
-
5,753,297
25,978
5,592,843
64,321
15,564
55,225
5,753,931
(634)
226,318
225,684		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 2024
Total
funds
£
5,753,194
103
-
5,753,297
25,978
5,592,843
64,321
15,564
55,225
5,753,931
(634)
226,318
225,684		 2023
Total
funds
£
4,897,582
91
3,702
4,901,375
26,689
4,793,821
64,287
14,148
-
4,898,945
2,430
223,888
226,318

The notes form part of these financial statements

Page 7

YESAMACH LEVAV TRUST

BALANCE SHEET 30 NOVEMBER 2024

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Investments
12
Prepayments and accrued income
Cash at bank
CREDITORS
Amounts falling due within one year
13
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
14
NET ASSETS
FUNDS
17
Unrestricted funds
TOTAL FUNDS		 2024
£
247
11,024
100,000
11,629
171,000
293,653
(63,216)
230,437
230,684
(5,000)
225,684
225,684
225,684		 2023
£
329
-
100,000
21,103
146,968
268,071
(27,082)
240,989
241,318
(15,000)
226,318
226,318
226,318

The financial statements were approved by the Board of Trustees and authorised for issue on 29 September 2025 and were signed on its behalf by:

N B Bindinger - Trustee

The notes form part of these financial statements

Page 8

YESAMACH LEVAV TRUST

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
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		 2024
£
24,445
(516)
23,929
103
103
24,032
146,968
171,000		 2023
£
42,955
(760)
42,195
91
91
42,286
104,682
146,968

The notes form part of these financial statements

Page 9

YESAMACH LEVAV TRUST

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2024

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by operations		 2024
£
(634)
82
(103)
516
(1,550)
26,134
24,445		 2023
£
2,430
644
(91)
760
47,844
(8,632)
42,955

2.

ANALYSIS OF CHANGES IN NET FUNDS

At 1.12.23 Cash flow At 30.11.24
£ £ £
Net cash
Cash at bank 146,968 24,032 171,000
146,968 24,032 171,000
Liquid resources
Deposits included in cash - - -
Current asset investments 100,000 - 100,000
100,000 - 100,000
Debt
Debts falling due within 1 year (10,000) - (10,000)
Debts falling due after 1 year (15,000) 10,000 (5,000)
(25,000) 10,000 (15,000)
Total 221,968 34,032 256,000

The notes form part of these financial statements

Page 10

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024

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.

Critical accounting 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.

In the process of applying the entity's accounting policies no significant judgements or key sources of estimation were made by management that have the any significant effect on the amounts recognised in the financial statements .

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.

Expenditure

Expenditure on charitable activities includes all costs incurred by the 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.

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.

Raising funds comprise 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

Taxation

The charity is exempt from tax on its charitable activities.

Going concern

There are no material uncertainties about the charity's ability to continue.

Page 11

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

2. DONATIONS AND LEGACIES

2.
DONATIONS AND LEGACIES
Donations
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Raising donations and legacies
Advertising costs
Fundraising costs		 2024
£
5,753,194
2024
£
103
2024
£
25,978
-
25,978		 2023
£
4,897,582
2023
£
91
2023
£
17,617
9,072		 2023
£
91
26,689

5. CHARITABLE ACTIVITIES COSTS

Grant
funding of
activities
Direct
(see note
Costs
6)
£
£
Grantmaking
-
5,591,614
Office expenses
-
-
Support costs
-
-
Cultural and religious events
55,225
-
55,225
5,591,614
GRANTS PAYABLE
Grantmaking
The total grants paid to institutions during the year was as follows:
Advancement of religion
Medical
Relief of poverty
Advancement of education
Social Welfare		 Support
costs (see
note 7)
£
1,229
64,321
15,564
-
81,114
2024
£
5,591,614
2024
£
417,693
9,774
389,245
789,832
87,365
1,693,909		 Totals
£
5,592,843
64,321
15,564
55,225
5,727,953
2023
£
4,793,821
2023
£
333,810
-
546,923
749,572
22,989
1,653,294

6. GRANTS PAYABLE

Page 12

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

6. GRANTS PAYABLE - continued

Lamachzikim Bo 168,678
Kolel Beis Yisroel 162,297
Yeshivat Etz Chaim Wilrijk 94,677
Hachnass Orchim Lizensk 83,775
Gaon Zvi Chernobyl 70,000
Central Congregation Of Yetev Lev D'satmar 49,000
Mifal Tzedoko Vchesed Ltd 46,650
Beis Medrash Kolel Chelkas Yakov 36,763
Tuvcha Vtasbia 33,565
Ezer Latalmid 33,335
Yeshivat Imrei Shaul Modzitz 32,470
Others under £30,000 882,699
1,693,909

The total grants paid to individuals during the year was as follows:

Advancement of religion
Medical
Relief of poverty		 2024
£
6,195
120,812
3,770,698
3,897,705		 2023
£
-
51,082
3,089,445
3,140,527

7. SUPPORT COSTS

Management
£
Grantmaking
1,229
Office expenses
55,629
Support costs
-
56,858		 Governance
Finance
costs
£
£
-
-
8,692
-
-
15,564
8,692
15,564		 Totals
£
1,229
64,321
15,564
81,114

Support costs, included in the above, are as follows:

Governance costs

Auditors' remuneration
Auditors' remuneration for non audit
work
Legal and professional fees		 2024
2023
Support
Total
costs
activities
£
£
6,720
5,400
8,280
7,920
564
828
15,564
14,148

Page 13

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 November 2024 nor for the year ended 30 November 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 November 2024 nor for the year ended 30 November 2023.

9. STAFF COSTS

10.

Wages and salaries
The average monthly number of employees during the year was as follows:
Administrative
No employees received emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 December 2023
3,782
Disposals
-
At 30 November 2024
3,782
DEPRECIATION
At 1 December 2023
3,453
Charge for year
82
Eliminated on disposal
-
At 30 November 2024
3,535
NET BOOK VALUE
At 30 November 2024
247
At 30 November 2023
329		 2024
£
40,645
40,645
2024
5
Motor
vehicles
£
3,000
(3,000)
-
3,000
-
(3,000)
-
-
-		 2023
£
42,071
42,071
2023
5
Totals
£
6,782
(3,000)
3,782
6,453
82
(3,000)
3,535
247
329

Page 14

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Loan - Tech Meadow Sub Ltd
12.
CURRENT ASSET INVESTMENTS
Unlisted investments
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 15)
Taxation and social security
Other creditors
14.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 15)
15.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling due between two and five years:
Bank loans - 2-5 years
16.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Restricted
fund
fund
£
£
Fixed assets
247
-
Current assets
293,653
-
Current liabilities
(63,216)
-
Long term liabilities
(5,000)
-
225,684
-		 2024
£
11,024
2024
£
100,000
2024
£
10,000
3,216
50,000
63,216

2024
£
5,000
2024
£
10,000
5,000
2024
Total
funds
£
247
293,653
(63,216)
(5,000)
225,684		 2023
£
-
2023
£
100,000
2023
£
10,000
3,612
13,470
27,082
2023
£
15,000
2023
£
10,000
15,000
2023
Total
funds
£
329
268,071
(27,082)
(15,000)
226,318

Page 15

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

17. MOVEMENT IN FUNDS

At
1.12.23
£
Unrestricted funds
General fund
226,318
TOTAL FUNDS
226,318
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
5,753,297
TOTAL FUNDS
5,753,297
Comparatives for movement in funds
At
1.12.22
£
Unrestricted funds
General fund
223,888
TOTAL FUNDS
223,888
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
4,901,375
TOTAL FUNDS
4,901,375		 Net
movement
in funds
£
(634)
(634)
Resources
expended
£
(5,753,931)
(5,753,931)
Net
movement
in funds
£
2,430
2,430
Resources
expended
£
(4,898,945)
(4,898,945)		 At
30.11.24
£
225,684
225,684
Movement
in funds
£
(634)
(634)
At
30.11.23
£
226,318
226,318
Movement
in funds
£
2,430
2,430

Page 16

YESAMACH LEVAV TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2024

18. RELATED PARTY DISCLOSURES

£2,995 was donated to charities of which one of the trustees has interest.

Page 17