Charity number: 1132685
THE ROSENFELD CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

THE ROSENFELD CHARITABLE TRUST
CONTENTS
Page
Reference and Administrative Details of the Charity, its Trustees and Advisers
Trustees. Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8-16

THE ROSENFELD CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARI￿, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
M Rosenfeld. Chair
G Burton
Charity registered
number
1132685
Principal office
11 Hatton Garden
London
EC1N 8AH
Accountants
BKL Audit LLP
35 Ballards Lane
London
N3 1XW
Page 1

THE ROSENFELD CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 01 April 2024 to 31 March
2025.
Objectives and activities
a. Policies and objectives
The objectives of the chartty as per it's goveming document are;
The Trustees shall hold the trust fund and the income thereof in trust to apply the same both as to capital and
income for the charitable purposes of such charitable bodies organisation and institutions or such other
charitable purposes or objects in such proportions and manners as the Trustees shall in their absolute
discretion from time to time think fit.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit. including the guidance 'Public benefit.. running a
charity {PB2}'.
b. Activities undertaken to achieve objectives
The charity has given grants of £59,700 (2024: £69,274) to worthy organisations as decided by the Trustees.
c. Main activities undertaken to further the Charity's purposes for the public benefit
The charity undertakes to give grants to worthy charities in order to fijrther the charity's purposes for public
benefit.
Achievements and performance
a. Main achievements of the Charity
During the year, the charity donated £59.700 (2024: £69,274) to other charities as decided by the Trustees.
Financial review
. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existen￿ for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. Should the charity be low on funds, the Trustees
will reduce the amount of grants given until further funding can be acquired.
b. Reserves policy
It is policy of the trust that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to be￿een three and six month's expenditure. The trustees consider that
reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue
the trust's current activities while consideration is given to ways in which additional funds may be raised. This
level of reserves has been maintained throughout the year.
Page 2

THE ROSENFELD CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
c. Review of the year
During the year the charity received income of £46,583 (2024-. £1,055) consisting of £45,500 (2024= £Nill from
donations and legacies and £1,083 (2024: £1,055) from investments. Expenditure for the year was £60,149
(2024.. £71,179) consisting of £59,700 (2024.. £69,274) of grants and £449 (2024.. £1,905) of support costs.
Investment revaluations for the year was a loss of £1,381 (2024.. loss of £4,770). Net movement in funds for the
year was a deficit of £13,566 (2024 deficit of: £74,894). Funds at the year end totalled £19,053 {2024'. £34,000)
comprised entirely of unrestricted funds.
Structure, governance and management
a. Constitution
The Rosenfeld Charitable Trust is an unincorporated charity constituted under Trust deed dated 1 st October
1961 with charity number 1132685.
b. Methods of appointment or election of Trustees
New Trustees are appointed by selection by the current Trustees of the charity by a simple majority vote. New
Trustees are selected to add their expertise or knowledge to the board of Trustees.
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted
Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
statements, the Trustees are required to-.
select suitable accounting policies and then apply them consistentty.,
observe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent"
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any
material departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
Page 3

THE ROSENFELD CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees. responsibilities (CONTINUED)
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and 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 members of the board of Trustees and signed on their behalf by..
G Burton
Date:
1610612025
Page 4

THE ROSENFELD CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Independent Examinerfs Report to the Trustees of The Rosenfeld Charitable Trust I'the Charity.)
I report to the charity Trustees on my examination of the accounts of 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 accounts in accordan￿ with the
requirements of the Charities Act 2011 ('the 2011 Act,).
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable 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 that in any material respect=
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
the accounts do not accord with those records,. or
the accounts 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 fai¢ 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.
This report is made solely to the Charity's Trustees, as a body, in accordan￿ with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's
Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
P6uswoke
Dated:
1610612025
Edward Passmore FCA
BKL Audit LLP
35 Ballards Lane
London
N3 1XW
Page 5

THE ROSENFELD CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations
Investments
45,500
1,083
45,500
1,083
1,055
Total income
46,583
46,583
1,055
Expenditure on:
Charitable activities
60,149
60,149
71,179
Total expenditure
60,149
60,149
71,179
Net expenditure before net losses on investments
Net losses on investments
(13,566
(1,3811
(13,566)
(70, 124)
(4, 770)
Net movement in funds
(14,947)
{14,947)
(74, 894)
Reconciliation of funds:
Total funds brought fomard
Net movement in funds
34,000
(14,947
34,000
(14,947)
108, 894
(74, 894)
Total funds carried forward
19,053
19,053
34, 000
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 16 form part of these financial statements.
Page 6

THE ROSENFELD CHARITABLE TRUST
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Investments
10
18,724
20,105
18,724
20,105
Current assets
Cash at bank and in hand
1,529
15,097
1.529
15,097
Creditors.. amounts falling due within one
year
(1.200)
(1, 202)
Net current assets
329
13,895
Total net assets
19,053
34,000
Charity funds
Unrestricted funds
12
19,053
34,000
Total funds
19,053
34,000
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
G Burton
Date:
1610612025
The notes on pages 8 to 16 form part of these financial statements.
Page 7

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
General information
The Rosenfeld Charitable Trust is a unincorporated trust established by trust deed on 1st October 1961
in England & Wales with charity registration number 1132685.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordan￿ with the Charities SORP (FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practi￿ 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), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Rosenfeld Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initialty recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy.
2.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third paty, 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 classified by
activity- The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity- Direct costs attributable to a single
activity are allocated diredy to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the
offer is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
Page 8

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies (continued)
2A Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to
the Statement of Financial Activities over the expected useful lives of the assets concerned. Other
grants are credited to the Statement of Financial Activities as the related expenditure is incurred.
2.5 Investments
Fixed asset investments are a fomi of financial instrument and are initially recognised at their
transaction cost and sUbseqUen￿Y measured at fair value at the Balance Sheet date, unless the
value cannot be measured reliably in which case it is measured at cost less impairment. Investment
gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Lossesl
on investments, in the Statement of Financial Activities.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as adVan￿d payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability- The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.8 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the ex￿ptIOn of bank loans which are
subsequently measured at amortised cost using the effective interest method.
2.9 Fund accounting
General frjnds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Page 9

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Gifts and Donations
45,500
45.500
Investment income
Unrestricted
funds
2025
Total
funds
2025
Dividend income
1,083
1,083
Unrestricted
funds
2024
Total
funds
2024
Dividend income
1,055
1,055
Page10

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Anatysis of grants
Grants to
Institutions Total funds
2025
2025
Supporting good causes
59.700
59, 700
Grants to
Institutions Totsl funds
2024
2024
Supporting good causes
69,274
69,274
Page11

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Anatysis of grants - continued
The Charity has made the following grants to institutions during the year..
2025
2024
Name of institution
Gesher School
15,000
900
20,000
T & S Trust Fund
Jewish Care
SEED
15,000
7.000
15,000
6, 000
5,000
600
Chai Lifeline Cancer Care
The Chicken Soup Shelter
Jewish Blind and Physically Handicapped
Grief Encounter Project
The Chicken Soup Shelter
Holocaust Educational Trust
500
10.000
600
5.000
5,000
974
New West End Synagogue
The Children's Trust
1,500
5,000
200
JRoots Ltd
Torah Temimah TrusULolev Charitable Trust
200
Community Security Trusts
ORTYUK
3,000
2.500
2,500
2,500
5,000
Friends of Esra in Israel
59.700
69,274
Anatysis of expenditure on charitsble activities
Summary by fund type
Unrestricted
funds
2025
Total
2025
Supporting good causes
60,149
60,149
Page 12

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Anatysis of expenditure on charitable activities (continued)
Summary by fund type (continued)
Unrestricted
funds
2024
Total
2024
Supporting good causes
71,tT9
71,tT9
Anatysis of expenditure by activities
Grant
funding of
activities
2025
Support
costs
2025
Total
funds
2025
Supporting good causes
59,700
449
60,149
Grant
funding of
activities
2024
Support
costs
2024
Total
funds
2024
Supporting good causes
69,274
1,905
71,179
Anatysis of support costs
Supporting
good
causes
2025
Total
funds
2025
Accountancy fees
449
449
Page13

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Anatysis of expenditure by activities (continued)
Anatysis of support costs (continued)
Supporting
good causes
2024
Total
funds
2024
Accountancy fees
1,905
1,905
Independent examiner's remuneration
The independent examinerfs remuneration amounts to an independent examiner fee of £1,200 (2024
Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
10.
Fixed asset investments
Listed
investments
Cost or valuation
At 1 April 2024
Revaluations
20,105
(1,381)
At 31 March 2025
18,724
Net book value
At 31 March 2025
18,724
At 31 March 2024
20,105
Page 14

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11.
Creditors: Amounts falling due within one year
2025
2024
Accruals and deferred income
1,200
1,202
12. Statement of funds
Statement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Gainsl
(Losses)
Income Expenditure
Unrestricted funds
34.000
46,583
General funds - all funds
(60.149)
(1,381
19,053
ststement of funds - prior year
Balance at
31 March
2024
Balance at
l Apnl 2023
Gains/
(Losses)
Income Expenditure
Unrestricted funds
General Funds 1
108,894
1.055
(71, 179)
(4, 770)
34,000
13. Analysis of net assets between funds
Anatysis of net assets between funds - current year
Unrestricted
funds
2025
Total
funds
2025
Fixed asset investments
Current assets
18,724
1,529
(1,200)
18,724
1.529
11,200)
Creditors due within one year
Total
19,053
19,053
Page15

THE ROSENFELD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13.
Analysis of net assets between funds (continued)
Anatysis of net assets between funds - prior year
Unrestricted
funds
2024
Total
funds
2024
Fixed asset investments
20, 105
15,097
(1,202)
20, 105
15,097
(1,202)
Current assets
Creditors due within one year
Total
34, 000
34, 000
14. Related party transactions
Donations totalling £45,500 were re￿IVed from trustees (2024.. £Nil).
Page 16