COMPANY REGISTRATION NUMBER= 06888794 CHARITY REGISTRATION NUMBER: 1129891 HEICHAL MENACHEM UMITED COMPANY LIMITED BY GUARANTEE UNAUDITEO FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 APRIL 2025
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 TABLE OF CONTENTS Charity Information Trustees, annual report lincorporating the directors. report) 34 Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Note5 to the financial statements 8-11
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 CHARITY DETAILS Name: Heichal Menachem timited Charity Registration Number: 1129891 Legal Form.. Company Limited by Court Place of Incorporztion.. England and Wales Company ReBiStration Number.. 06888794 Reglstered offlce: 72 Charteris Road London NW6 7EX Trustee5'. Y Ben-yoav J Wilhelm Sttrttary: J Wilhelm
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 TRUSTEES. ANNUAL REPORT INCORPORATrNG DIRECTORS, REPORT The trustees, who are also the director5 forthe purpose5 of cornpany law. present their report and accounts ol the charity. The trustees who served durin8ihe year up to the date of the si8nin8 of the linancial statements were Y Ben-yoav J Wilhelm STRuvRE. fjOVERNANCE, AND MANAGEMENT The charity was incorporaie(l on 27 April 2CA)9 as a company limited by guaranree and is governed by its Articles of Associates. The trustees administer the day-to-day affairs of the company. None of the trustees have any benefiiial interest in the charity. The board inducts new trustees in response to any identified needs for particular experience and background. The existing trystees are responsible for the recruitment. trainin& and induction of new trustees. 081EcfivES AND ACTIVITIES The objerts 91 the charity are.. The advancement of the Orthodox Jewish faith. The advancement ol Orthodox Jewish religious education. The relief ol poverty, sickness, and infirmity amongst members of the Jewish faith. The advancement ol such other gbjects as are for the benefit of the public and are charitable according to En8li5h Law. The charity operates a syna808ue providing facilitie5 for prayer. religious studies, and communal activities. The charity received income mainly frorn rnembership subscription5. but also from 8ift5 and donation5 received from the wider communitv. The trustees confirm their compliance with the duty to have due regard to the public benefit. havin8 regard to guidance published by the Charity Commission. when reviewing the charitvs objective5 and activities. ACHIEVEMENTS, PERFORMANCE, AND FUTURE PLANS The trustee5 are pleased to report a satisfactory year for the charity. The services have continued to be well attended. We look forward to a further year of growth and succes5. The charity plan5 to sustain it5 activitie5 in providin8 a synagogue and communal religious activitie5 lor the loreseeable future. FINANCIAL REVIEW AND RESERVES POUCY The trustees Consider the financial p051tion at the year Set OLrt in the staternent of financial p051tion showing unrestricted funds of £37,44412024.. £60.2651 sat15factory. a5 It exceed5 the tru5tee5' re5erve5 policy of holding 3 month5. fund5 of expevditure. equatiTrg to £33.376.
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 TRUSTEES. ANNUAL REPORT INCORPORATING DIRECTORS. REPORT Ictsntinuedl SMALL COMPANY PROVISIONS This report has been prepared in accordance with the exemptions available to smaller companies. The report was approved by the board on 21 January 2026 and signed on its behalf by.. Y Ben-yoav Trustee for the purposes of Charity Law Dire<tor for the purposes of Company Law
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 INDEPENDENT EXAMINER'S REPORTTO THE TRUStEES I report to the tru5tee5 on my examination ol the accounts of the above charity l-the Charity"] for the year ended 30 April 2025. Responslbllltles and ba$ls of report As the Charity's trustees and its direttors for the purposes of company law, you are responsible for the preparation of the accounts in accordance with the requirements ol the Companies Act 2006 and Charltles A<t 20111.the Act-l. Having satisfied myself that ihe companrfs accounts are not required to be audited under Part 16 of the Companies Att 2(K)6 and are eliRible for independent examinaiion, I report in respect of my examination of the Trust's accounts carried out under section 145 of the Aci and in carrying out my examination, I have followed all the applicable Directions Riven by the Charity Commission under section 1451Sllbl of the Act. Independent examiner's ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in. any material respect: the accounting record5 were not kept in accordance section 386 of the Companies Act 2006.. or the accounts did not accord with the accounting records; or the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 26 (other than any requirement that the accounts give a'true and fair, view which is not a matter Considered as part of an independent examinationl.. or the accounts have not been prepared in attordante with the Charities SORP IFR51021. I have no concerns and have come atross no other matters in connettion with the examination to which attention should be Ilrawn in this report in order to enable a proper untlerstandlng of the accounts to be reached. Shaya Grosskopf FCA Ig Accountants Churchill House 137-139 Brent Stveet London NW4 2DJ 21 January 2026
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 STATEMENT OF FINANCIAL AcnvmES 2025 resirl¢ted fvnds 2025 unreMrl¢ted fvnds 2015 total funds 2024 total funds Note In¢ome Donations and membership Grants received Investment income Totsl income 76,324 76.324 59,765 22.473 22.473 I,oio 99.807 47.152 725 107.642 i.oio 77.334 22.473 Expenditure on charitsble activities 178.6511 157.7671 1136.4181 195.8621 Net Income belng net movement Sn tund5 156.1781 19.567 136,6121 11,780 Totzl fund5 brought forward5 16.347 60.265 76.612 64,832 Transfèr betweèn fvnds 42.388 142.3881 Total fund$ ¢arrl•d forwards 2,557 37A44 40,001 76,612 The statement of financial actlvlties includes all 8ains and losses reeognised in the year. All Income and expendlture derlve from contlnulng actwlties.
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 STATEMENT OF FINANCIAL posmoN 2025 2024 Note CURRENT A55ETS Debtors Cash at bank and in hand TOTAL CLIRFiENT ASSETS 9.454 34.803 11,346 68,702 44.257 80,048 CAEDITORS amount falling due within one year 14.2561 13.4361 TOAL ASSETS LESS CURRENT LIABILTITIES AND NET ASSETS 40,001 76.612 FUNDS OF THE CHARITY Restricted funds Unre5tricled funds TOTALFUNDS 2,557 37,444 40.001 16,347 60,256 76,612 In the current financial year. the charity was entitled ro exemption Irom audit under sertion 477 of the Companie5 Act 2(KJ6 relating to small companies. and rhe members have not required the company to obtain an audit for the current finarscial year in accordance with section 476 of Companies Act 2Th)6. The directors acknowledge their responsibilities lor complying with the requirements of Companies Act 2006 pertaining to the maintenanie ol accounting records and the preparatioTh of financial statements. These financial statements have been prepared in accordance with the provi5i9ns applicable to companie5 subject to the small companie5. re8ime. These financial statement5 were approved by on 21 January 2026 by the board of trustees, who are the directors for the purposes ol company law. and are si8ned on behalf of the board by.. Mr Y Ben-yoav Trustee Company reg5stration number: 06888794 The notes on the succeeding pages form part of the financial Statements.
HEICHAL MENACHEM UMITED UNAUOITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 NOTES TO THE FINANCIALSTATEMENTS GENERAL INFORMATION The charity 15 a public benefit entity and a private cornpany litnited by guarantee, registered in England and Wales, and Te8lSteTed as a chaTity in England. Its reBistefed office is 72 Charteris Road, London, NW6 7EX. STATEMENT OF COMPLIANCE These financial statèments have been prepad in compliance with FRS 102 Ihe Flnancial Reportlng Standard applicable in the LIK and the Republic of Ireland., SORP FRS 102. the Statement of Recommended Prattice applicable io charilies preparin8 their attounts in accordance with that standard, and the Companies Aci 21. ACCOUNTING POLICIES Basls of preparatlon The financial statements have been prepared gn a historical cost bas15. in £ sterling, which 15 the functional currency of the entitv. Golng concern In the opinion of the trustees the charity has adequate resources to continue operations fgr the foreseeable future and will be able to meet any liabilities as they fall due. Accordingly. the trustee5 have elected to prepare the accounts on the going concem basis. Judgements and key sources of estlmatlon uncertalnty The preparation of the financial statement5 requires the trustee5 to rnake judgements and estimates that 3re continually reviewed based on experience and other factor5. including expectations of future event5. that are believed by the trustees to be reasonable. The trustees have exercised judgement over accounting for burial mernbership subscriptions receivable and paid to the Adath Burial Society as the incorne and expenditure ol the Charity rather than the collection and disbursement of subscription5 a5 an a8ent of the Burial Society. and in allocating IS% of salary costs to the Connected We Achieve fund. Fund zccounting Grant5 and donations received designated for Specific cause5 by the donor are accounted for as restricted funds. Expenditure including direct expenditure on designated fullds and an allocation of support costs. Income Income 15 reco8nised when entitlernent has passed to the charity and it Is probable that economic benefit5 which can be quantified reliably will flow to the charity. Incorne from donatlons including membership 5ub5criptions or grant5 is recognised when there is ewdence of eTrtitlernent to the gift, receipt is probable, and its amount can be rnea5ured reliablv.
HEICHAL MENACHEM UMITED UNAUOITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 NOTES TO THE FINANaAL STATEMENTS Icontinuedl EXPENDITURE Expenditure is recogrni5ed an ètcruals ba515 when a liability 15 inturred and is inclusive of anv irrecoverable VAT. Expenditure is classified in the statement of linancial attivities as pertaining to either expenditure on raising funds, on charitable acts-vities, or other expenditure. All the charity's expenditure has been classified as expenditure on charitable attivities. Support costs are allocated as fully relating to expenditure on charitable attivilies as the charity undertook no other types of activity. EXEMPTrON FROM PREPARING A STATEMENT OF CASH FLOWS As a small charity the Charity is exempt from the requirement to psent a statement of cash flows and has applied this exemption in preparing its financial statements. COMPANY LIMITED BY GUARANTEE The members have not contributed share capital to the company. and instead each member is liable to pay up to £1 in the event of the company winding out. EXPENDITURE ON CHARITABLE ACTIVITIES Re5trfcted lunds 2025 Unrestrlrted funds 2025 Total funds 2025 Total funds 2024 Direct ex enditure on charitable activitie5 Synagogue costs Grants Paid ort costs allocated to charitable activities Overhead costs Governance costs Total ejtpenditure on charitable a<tivities 66.486 12.164 54,086 1,084 120.572 13.248 81,577 8,407 1.332 1,266 57,768 1,332 1.266 136,418 4,624 1,254 9561 78.650 Governance costs include a fee ol £1.26612024.. £1.2541 payable to the independent examiner for the provision ol a£countin8 and independent examination services. The charity ernploys 112024: 11 employee. No employee with remuneraiion exceeding £60,OW is employed by the charity. DEBTORS 2025 2024 Trade debtors Other debtors Total debtors 5.925 3.529 9A54 4,817 6,529 11,346 Trade debtors is stated net of a bad debt provision of £4.85212024= £4.1301.
HEICHAL MENACHEM UMITED UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 CREDITORS: amounts fallin¥ due within one year 2025 2024 Trade creditors Accruals and deferred In<ome Total creditors falling due wf(hin one year 3,236 1.020 4256 2,452 3.436 FUNDS OF THE CHARITY Year Endin 30 A ril 202S Fund Balance at l May 2024 Income Ejtpendlture Trzn5fers fromlto unre5tri(ted funds Balance at 30 April 2025 curity fund Connected We Achieve Fund Community support fund Relurbi5hrntnt tarnpaign 2.180 360 13,1931 110.2791 1.013 9.919 14.722 112,1641 2,558 16.347 5.211 150.0991 28,051 Total restricted funds 16,347 22,473 175,7351 39,473 2,558 Fund 8alance at l May 2023 Income Expendtture Transfers fromlto unrestrlrted fvnds Balance at 30 Aprll 2024 Security fund Connected We Achieve Fund Community support fund Refurbishment campaign 1,057 10.120 17S21 110.2821 130SI 162 7.647 18.0101 353 28.328 111.9811 16,347 Total restricted fund5 47.152 131.0251 220 16,347 io
HEICHAL MENACHEM UMITED UNAUOITED FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 The security fund represents the amouvt received from the CoTTrmunity Security Trust ICSTI, a UK registered charity, lor the provision o15ecurity at 5yna808ue events. Connected We Achieve Fund was a National Lottery Cornrnunity Fund sponsored project providing a sale space for children and teenager5 to £onnect with each other and develop. The comrnunity support fund 5UPPOrt5 fatnilies in need with srnall cash grants for the relief of poverty. The refurbishrnent campaign is a collection designated towards refurbishing the synagogue PTemises. Restricted funds are Whol represented by cash In bank held at 30 Aprll 2025. 9. TRUSTEE REMUNERATION AND EXPENSESAND RELATED PARTYTRANSAIONs Y Ben-yoav tORether with members of his close family donaied £5.B2212024.. E5,3761 to the charity during the financial year. Galgal limited. a charity which Y Ben-yoav controls together with members of his close family. donated £nil12024= £nill to the charity during the financial year. J Wilhelm donated £112024.. £1) to the charity durin8 the financial year. Included in other debtors is an amount of £7212024.. £721 owed by I Wilhelm to the charity. There were no other related party traThsartions in the current and prior year. li