Registered Charity Number.. 1128559 Company Number:. 01393918 ALYMOS LTD TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR END 30 June 2024 ALYMOS LTD 18 Darenth Road Londo IY16 6
ALYMOS LTD cowrENTS FOR THE YEAR ENDED 30 June 2024 TRUSTEES, REPORT....................................................................................................................................................... tNDEPENDENt EXAMtNER'S REPORT....................................................................................................................... STATEMENT OF FINANCIAL ACTIVITIES....................... ........... ...................... ........ ......................................... .. BALANCE SHEET........................................................................................................................................................... NOTES TO THE FINANCIAL STATEMENFS..............................................................................................................
ALYMOS LTD TRUSTEES, REPORT FOR THE YEAR ENDED 30 June 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The trustees who are also direetors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trnstees have adopted the provisiolls of Accounting and Reporting by Charities.. Statement of Recotnmended Practice applicable to charities preparg their accounts in accordance with the Financial Reporting Standard applicable itt the UK and Republic of Ireland {FRS 102} (effective l January 2019). OBJECTIVES AND ACTIVftlES Objectlves and alms The charity main objectives are.. the advancemellt of education accordillg to the tenets of the Orthodox Jewish Faith. - the relief of povety and sickness. The c]wity's funds are distributed to intended beneficiaries as soon as they becotne available and in line with the charity's objectives. Slgnlflcant actlvldes The clwity receives rental income from property illvestmenls. FINANCLIL REVIEW Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be n)aintained at a level equivalent to three to six montbs expenditure. The trllstees cOlder this to be sufficient lo conliDue the charities activities in the event of a significaDI drop in funding. This level of reserves been maintailled throughout the year. STRUCTURE, GOVERf4ANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a litniled company, limited by guarantee, as defed by the Con]panies Act 2006. Organlsatlonal structure The day lo day managemelll of the charity 15 delegated by the trustees lo the chief executive Nlrs Y Domb. REFERENCE AND ADMINISTRATIVE DETAILS Registered Compally nuD]ber 01393918 {England and Wales)
ALYMOS LTD TRUSTEES, REPORT FOR THE YEAR ENDED 30 June 2024 Registered Charity number 1128559 Registered otTice 9 Corbets Tey Road Upminster RM14 2AP Trustees Mr M Blumenberg Teacher Mr A Strom Teacher Mrs Y Domb Nursery Manager Mr S Domb Trustee Company Secretary Mrs R Strom REPORT OF THE TRUSTEES FOR THE YEAR ELNDED 30 JUNE 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examlner A S Turner FCCA Versa Tax Solutions Ltd 9 C.orbets Tey Road Upininsler RM14 2AP Approved by order of the board of trustees on 15 January 2025 and signed on its behalf by= Mr A Strom- Trnstee
ALYMOS LTD STATEMEwf OF FINANCIAL ACTivrtlES FOR THE YEAR ENDED 30 June 2024 INDEPENDENT E(lINER's REPORT TO THE TRUSTEES OF ALYMOS LIMED Independent examiner'5 report to the trustees of Alymos Limited ('the Company,) I report to the eharity trnstees on my examination of the aecounts of the Company for the year ended 30 June 2024. Re5ponslbllltles and basls of report As the charity's trnstees of the Company (and also its directors for tbe purposes of company law) you are responsible for the preparatloll of the accounts in accordance with the requirements of the Compallies Act 2006 {'the 2006 Act'l. 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 accoullts as carried out under Section 145 of the Charities Act 2011 {Ihe 2011 Acv). In carrying out my examination I have followed the Directions given by the Charity Commission under Sectson 14515) (b) of the 2011 Act. Independent examiner's statement Since your charity'5 gross income exceeded £250,000 your examiner must be a rllember of a listed body. I can Conf that I am qualftfied to undertake the exammation because l am a member of the Institute of Certified Accountants, which is one of the listed bodies. I have completed my examination. I confllm that no matters have come to my attention in connection with the examination givlng me cause to believe-. accounting records were not kept in respect of the Con]pany as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or the accounts do not comply with the aecountLng requirements of Section 396 of the 2006 A other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an indepeiident examination,. or 4. the accoullts have not been prepared in accordallce with the methods and principles of the State ment of Recomn)ended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in aceordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). I have no concerns and bave come across no other matters in connectton with the examination to W"Ch attention should be drawn ilk this report in order to enable a proper UllderStand of the accouttts to be reached. Mr Albert S Turner Versa Tax Solutions Ltd 9 Corbets Tey Road Upminster Essex RM14 2AP i@ January 2025
ALYMOS LTD STATEMEwf OF FINANCIAL ACTivrtlES FOR THE YEAR ENDED 30 June 2024 Recommended categorles by aetlvlty UnreslrlctL¥l funds Total Funds 2024 Total Funds 2023 Nole$ Income and end01)entS Donations and legacies 382,428 382,428 293,213 Investments 26,146 26,146 27,870 Totsl 408,574 408574 321,083 Expelldlture on: Raisiug fullds 2,762 2,762 3,642 Charitable activitie5 283,565 283,565 273,375 Other 36,000.00 36,000.00 36,000 Total 322J27 322J27 31J,017 Net Incomel(expendlture) 86,247 86247 8,067 Net movement Ill funds 86,247 86,247 8,066 Re¢oDciliatlOD offunds: Total fund5 brought forward 1,857,289 1,857,289 1,849,223 Total funds carried foard 1.943.536 1943.536 1,857,289
ALYMOS LTD BALANCE SHEET FOR THE YEAR ENDED 30 June 2024 Re¢on)mended c#tegorle$ by activity Unreslrleled lund$ Total Fund$ 2024 Tolal Funds 2023 Notes Fixed assets Investments 1,928,715 1,928,715 1,306,959 Total fred assets 1,928,715 1928,715 1,306,959 Current assets Debtors 802,208 802,208 724,612 Cash at bank and ill halld 373 373 4,244 Total current assets 802,581 802.581 728,856 Creditors.. atnounts falling due within one year io 18,661 18,661 21,100 Nel current assetsl(liabiiities) 783,920 783,920 707,756 Total assets less current llabllltles 2,712,635 2.712.635 2,014,715 credito.. amounts falling due after one year (20,752) {20,752) (30,835) Provisions for liabilities (282,0230) (282,030) (126.591) Total net assets or liabilities 2,565.293 2,565.293 1,857.289 Funds of the Charity Unrestricted funds 12 1,943,536 1,943,536 1,857,289 Restricled income funds 12 Endownent ndS l2 Revaluation reserve 621,750 621,756 Total fuDd$ 2,565,293 2,$65,293 1,857,289 The financial statements were approved by the Board on 16-Jan-2025 and signed on its behalf by.. Asher Strotn Trnslee
ALYMOS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 l Accounting Policies 1.1 Accounting Policies The principal account policies adopted by the Charity, which is a pUb"C benefit entsty, in the preparation of tbe accounts are as follows. 1.2 Basis of preparation These accounts have been prepared under the historical cost convention, as modified by the inclusion of chariiable properties and fixed asset investments and investment propertl¢S 81 valuation. These accounts have been prepared in accordance with"Accounting and Reporting by Charities.. Statetnenl of Recommended Practice applicable to charities prepanng their aceounts ill accordance wAth the FUnciaL Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective l January 2019) - (Charities SORP IFRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ir¢land (FRS 1021 and the c.harities Act 2011. These accounts are presented in pounds slerIg and munded to the nearest Ulld. 1.3 Going concern The Trustees bave prepared [anCIal projectsons, takn.ng into consideration the current economic conditions and have, at the lime of approving these aeeounts, a reasonable expe¢tation that the charity has adequaie resources to continue in operational existence for the foreseeable future. Thus they continue lo adopt the going concern basis of accounting in preparing the accounts. 1.4 Income from donations or grant5 Income from donations and grants is recowsed when the charity is entitled to the funds. the receipt is probable and the amount can be measllred reliably. For donations, thj's is usually on receipt. For grants, this is usually when a fornial offer is made in WTiting. If a donation or grant contains tenns and eonditions outside of the charity's colltrol which must be met before the charity is entitled to the funds, or if the donor specifies that the fullds must be used future tkme periods, then the inconie is deferred. 1.5 Expenditure Expenditure is recowsed when a present legal or constructive obligation exists at the balance sheet date as result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the atnounl can be eslimaled ieliably. 11 is inclusive of VAT which cannot be ie¢overed. Direct costs are those costs which directly attLibule lo ils activities. Wages alld salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members. Support costs include staff costs and are those whieh do not produce a direct output. Staff costs relate to specifie activities and this is reflected in the allo¢alion of paJToII costs based on the pereenlJEe of lime spent. All costs, including governance costs, are allocated betweell the expenditure categories of the charity on a ba515 designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis. Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activitie5 of the Charity.
ALYMOS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 1.6 Taxation The organisation Js a registered charity and has no "abIlIty to income lax or corporation tax on ils charitable a¢tivities during the year. 1.7 Provisiolls for liabilities A liability is measured on recognition at its historical eost and then subsequently measured at tbe best estimate of the amount required to settle the ob.gatiOll at the reporting dale. 1.8 Fulld accounting Unrestricted funds are those funds wbich are available for use at the discretion of the Trustees in furtherance of the general objectives of the charlty and wknch have not been designated for other purposes. Restricted funds are funds whicb are to be llsed in accordanee with specific restrictions imposed by donors or whi¢h have been raised by the charity for particular pury)oses. 1.9 Investments Fixed a5sel investments ID quoted shares, traded bonds and similar inve5ttE]ents are valued initially at cost and subsequently at fair value {their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in W"¢b case il is measured at cost less Lmpairnient. 2 Income from Donations and Legacies Unrestrlcted Total Total funds funds 2024 funds 2023 Analysis Donations and gifts 382,427 382,427 293,21 l3 382,427 382,427 293,2113 3 Income from Investments Unrestt4cted funds Total Total funds 2024 funds 2023 Analysls Interest income 26,146 26,146 26,146 26,146 27,8708 27,8708
ALYMOS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 4 Expenditure on Raising Funds Total Total funds 2024 funds 2023 Analysls Support Costs 2,762 3,64200 2,762 3,64200 5 Expellditure on Charitable Activities Total Total funds 2024 funds 2023 Anatysls Interest payable Legavprofessiollal fees Dollalions 565 400 282,599 283,564.44 273,3750 273,3750 6 Other Expenditure Unrestrleted fuuds Total Total funds 2024 funds 2023 Allalysl$ Wages & Salaries 36.000 36,000 36,000 36.000 36,0000 36,0000 7 Illvestments Investment Properties Carry4ng(falr) value at beglnnlng of perlod 1,306,959 Add.. additions to investments during period* Less: disposals al conying value Less.. impairnients Add.. Reversal of impainnents Add I Ideduct}=transfer lout) in the period Add l (deduct}: net gain / (loss)on revaluation 621,756 Canyinglfairl value at end of year 1,928,715 io
ALYMOS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 8 Debtors: Amount5 falling due within one year Total Total funds 2024 lld5 2023 Other debtors A Storni Loa 581,208 221,000 802.208 561,762 162,850 724,612 9 Cash at bank and in hand Total Total funds 2024 funds 2023 Cash at bank and on hand 373 373 4,2443 4,2443 10 Creditors: Amounts falling due withln one year Total Total luDds 2024 funds 2023 Trade creditors Accruals alld deferred incorne Taxation and social security Wages and Salaries control 1.00 2,700 7,591 10,808 21,099 2,700 9,483 6,478 18,661 11 Creditors: Amounts falling due after one year Total Total funds 2024 fund5 2023 Bank loans and overdrafts 20,752 20,752 30,835 30,835 li
ALYMOS LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 June 2024 12 Charity fund5 12.1 Details of material funds held and movements durin% the CURRENT reportin% period Galns and losses Fund balance5 brougbt forward IDcome ExpeDdlture Tran$fer$ Fund balances carried forward Fund names [Tnrestricted funds 1,857,289 408,574 1322,327) 1,943,536 Total 1,857,289.41 408,573.69 (322,326.84) 1,943,536 12.2 Detai15 of material fund5 held and movements during the PREVIOUS reporting period Fund balances brought forward Gains and Fund balances losses carrled fotTrvard Fund names Income Eipendlture Transfers Unrestrlcted funds 1,849,223 321,083 (313,017) 1,857,289 Total 1,849,223 321,083 (313,017) 1,857,289 12