REGISTERED COMPANY NUMBER: 06611534 (England and Wales) REGISTERED CHARITY NUMBER: 1132385
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025
FOR
ZICHRON REFOEL
H. Morris & Co 56 Parkside Drive Edgware Middlesex HA8 8JX
ZICHRON REFOEL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
ZICHRON REFOEL (REGISTERED NUMBER: 06611534)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2025
The trustees who are also directors 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 30th June 2025. 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 objects are " the advancement of the orthodox Jewish Religion, the advancement of orthodox jewish education, the relief of poverty and sickness amongst persons of the jewish faith".
Activities and Public Benefit Compliance
The Trustees are pleased with the level of donations achieved during the year, which has allowed the Charity to make a significant contribution to local needy jewish causes in the furtherance of its objects.
The Trustees are mindful of the Public Benefit requirement and believe that it has been fulfilled due to individual donations and grants being awarded to a wide ranging number of individuals and charities representing a cross section of persons of the jewish faith.
The trustees have ensured that where grants have been awarded to charities that they are of Registered Charity status or the equivalent in their Country of operation and that they are compliant with all filing requirements.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The Directors are hoping for more donations to be made to the organisation in the coming year to meet the charities aims and objectives.
FINANCIAL REVIEW
Principal funding sources
The Charity continues to be dependant on voluntary donations .
Reserves policy
The Statement of Financial Activities showed a surplus for the year of £6,622 (2024 : deficit of £2,641) and total funds of £14,825 (2024 : £8,203). Cash reserves at the end of the year were £17,005 ( 2024 £10,143).
The Trustees consider that the present level of reserves and funding is adequate to support the continuation of the operation of the Charity.
FUTURE PLANS
The need for our services is increasing and we plan to continue doing what we can to assist.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a memorandum and articles of association, and constitutes a limited company , limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
All Directors of the company are also Trustees of the Charity, and there are no other Trustees. All of the Trustees named above served throughout the year, unless otherwise indicated. The Board has the power to appoint additional trustees as it considers fit to do so.
Organisational structure
The charity is constituted as a company limited by guarantee and is therefore governed by a Memorandum and Articles of Association. All Directors of the company are also trustees of the charity and there are no other Trustees. All of the Trustees named on page one served throughout the period.
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ZICHRON REFOEL (REGISTERED NUMBER: 06611534)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Related parties
Details concerning Related Parties are disclosed in Note 10 to the Financial Statements.
Risk management
The charity trustees have considered the major risks to which the charity is exposed. Major risks are risks that will affect the charity's operational performance and aims and objectives. The charity review these risks on an ongoing basis and satisfy themselves that adequate systems and procedures are in place to manage the risks identified. The trustees believe that the present level of funding is adequate to support the continuation of the charity's objects.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06611534 (England and Wales)
Registered Charity number
1132385
Registered office
923 Finchley Road Golders Green London NW11 7PE
Trustees
J J Joseph A Kahan S Strom
Company Secretary
A Kahan
Independent Examiner
Howard L. Morris H. Morris & Co 56 Parkside Drive Edgware Middlesex HA8 8JX
Approved by order of the board of trustees on 15th April 2026 and signed on its behalf by:
A Kahan - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ZICHRON REFOEL
Independent examiner's report to the trustees of Zichron Refoel ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th June 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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 accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Howard L. Morris
H. Morris & Co 56 Parkside Drive Edgware Middlesex HA8 8JX
16th April 2026
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ZICHRON REFOEL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH JUNE 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 48,999 EXPENDITURE ON Charitable activities 3 Administrative expenses 42,377 NET INCOME/(EXPENDITURE) 6,622 RECONCILIATION OF FUNDS Total funds brought forward 8,203 TOTAL FUNDS CARRIED FORWARD 14,825 |
2024 Total funds £ 45,389 48,030 (2,641) 10,844 8,203 |
|---|---|
The notes form part of these financial statements
Page 4
ZICHRON REFOEL (REGISTERED NUMBER: 06611534)
BALANCE SHEET 30TH JUNE 2025
| 2025 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 17,005 CREDITORS Amounts falling due within one year 8 (2,180) NET CURRENT ASSETS 14,825 TOTAL ASSETS LESS CURRENT LIABILITIES 14,825 NET ASSETS 14,825 FUNDS 9 Unrestricted funds 14,825 TOTAL FUNDS 14,825 |
2024 Total funds £ 10,143 (1,940) 8,203 8,203 8,203 8,203 8,203 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15th April 2026 and were signed on its behalf by:
A Kahan - Trustee
The notes form part of these financial statements
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ZICHRON REFOEL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
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
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Donations | 48,999 | 45,389 |
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continued...
ZICHRON REFOEL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
3. CHARITABLE ACTIVITIES COSTS
| Administrative expenses GRANTS PAYABLE Administrative expenses |
Grant funding of activities Support Direct (see note costs (see Costs 4) note 5) £ £ £ 396 41,741 240 2025 £ 41,741 |
Totals £ 42,377 |
|---|---|---|
| 2024 £ 47,562 |
4. GRANTS PAYABLE
A list of Grants made during the year can be obtained by writing to the trustees, Zichron Refoel, 923 Finchley Road, London NW11 7PE by registered post.
5. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Administrative expenses | 240 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30th June 2025 nor for the year ended 30th June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 45,389 |
| EXPENDITURE ON | |
| Charitable activities | |
| Administrative expenses | 48,030 |
| NET INCOME/(EXPENDITURE) | (2,641) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 10,844 |
continued...
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ZICHRON REFOEL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted | ||||
|---|---|---|---|---|
| fund | ||||
| £ | ||||
| TOTAL FUNDS CARRIED FORWARD | 8,203 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
| 2025 | 2024 | |||
| £ | £ | |||
| Other creditors | 2,180 | 1,940 | ||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.7.24 | in funds | 30.6.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 8,203 | 6,622 | 14,825 | |
| TOTAL FUNDS | 8,203 | 6,622 | 14,825 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 48,999 | (42,377) | 6,622 | |
| TOTAL FUNDS | 48,999 | (42,377) | 6,622 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.7.23 | in funds | 30.6.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 10,844 | (2,641) | 8,203 | |
| TOTAL FUNDS | 10,844 | (2,641) | 8,203 |
continued...
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ZICHRON REFOEL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30TH JUNE 2025
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 45,389 (48,030) (2,641) 45,389 (48,030) (2,641) |
Incoming Resources Movement resources expended in funds £ £ £ 45,389 (48,030) (2,641) 45,389 (48,030) (2,641) |
|---|---|---|
| (2,641) |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.7.23 | in funds | 30.6.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 10,844 | 3,981 | 14,825 |
| TOTAL FUNDS | 10,844 | 3,981 | 14,825 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 94,388 (90,407) 3,981 94,388 (90,407) 3,981 |
Incoming Resources Movement resources expended in funds £ £ £ 94,388 (90,407) 3,981 94,388 (90,407) 3,981 |
|---|---|---|
| 3,981 |
10. RELATED PARTY DISCLOSURES
Included in Grants to Charitable Institutions are grants totalling £4,000 (2024 £8,000) paid to Chasdei Dovid, a charity with Trustees in common with Zichron Refoel.
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