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2025-10-31-accounts

REGISTERED COMPANY NUMBER: 07330341 (England and Wales) REGISTERED CHARITY NUMBER: 1138167

EZER BEKOVOID LIMITED (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS

EZER BEKOVOID LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Statement of Financial Activities 4
Balance Sheet 5
Cash Flow Statement 6
Notes to the Cash Flow Statement 7
Notes to the Financial Statements 8 to 12

EZER BEKOVOID LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2025

TRUSTEES

A Langberg J A Ost J Teitelbaum B Goldstein

REGISTERED OFFICE

6 Grosvenor Way London E5 9ND

REGISTERED COMPANY NUMBER

07330341 (England and Wales)

REGISTERED CHARITY NUMBER

1138167

BANKERS

United Mizrahi Tefahot Bank Ltd 30 Old Broad Street London EC2N 1HQ

Page 1

EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 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 31 October 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).

Reference and administrative information

Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES

Objectives and aims for public benefit

The objects of the charity are the advancement of the Orthodox Jewish Faith, advancement of education, relief of poverty and such other purposes as are recognised by English Law as charitable.

The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives. The charity carries out its objects by grantmaking.

Grant making policy

All applications to the charity for grants are considered carefully by the trustees at regular meetings. On most occasions, if the trustees feel that the application meets their approval in principle, they will meet applicants face to face and discuss with them details of the application. The trustees usually then have a further meeting before making a decision as to whether assistance should be granted, and if so, to what level. All grants must be approved by the unanimous agreement of the Trustees.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity receives its income from donations. There was a small decrease in donations although the trustees reduced grantmaking substantially there was a deficit for the year. The main grant recipients were the Keser Malchus Girls' School and Bachatzros Kodshecho Boys' School. Grants were also provided to individuals who found themselves in particular financial hardship.

FINANCIAL REVIEW

Reserves policy

The trustees do not seek to maintain significant levels of reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end were £262,070 (2024 - £431,400).

FUTURE PLANS

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

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 29 July 2010.

Organisational structure

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

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.

Page 2

EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2025

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 4 September 2026 and signed on its behalf by:

J Teitelbaum - Trustee

Page 3

EZER BEKOVOID LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
EXPENDITURE ON
Raising funds
3
Charitable activities
4
Grantmaking
Support
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
2025
Unrestricted
funds
£
913,966
13,154
1,007,624
62,518
1,083,296
(169,330)
431,400
262,070
2024
Total
funds
£
925,141
1,702
1,192,745
24,079
1,218,526
(293,385)
724,785
431,400

CONTINUING OPERATIONS

The statement of financial activities includes all gains and losses arising in the year.

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 4

EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)

BALANCE SHEET 31 OCTOBER 2025

Notes
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
11
NET ASSETS/(LIABILITIES)
FUNDS
13
Unrestricted funds:
General fund
TOTAL FUNDS
2025
Total
funds
£
3,601,885
7,475
3,609,360
(716,024)
2,893,336
2,893,336
(2,631,266)
262,070
262,070
262,070
2024
Total
funds
£
3,914,115
34,989
3,949,104
(987,419)
2,961,685
2,961,685
(2,530,285)
431,400
431,400
431,400

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

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 4 September 2026 and were signed on its behalf by:

J Teitelbaum - Trustee

The notes form part of these financial statements

Page 5

EZER BEKOVOID LIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2025

2025 2024
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 3,239 8,532
Interest paid (26,319) (18,018)
Net cash used in operating activities (23,080) (9,486)
Change in cash and cash equivalents
in the reporting period (23,080) (9,486)
Cash and cash equivalents at the
beginning of the reporting period 2 30,555 40,041
Cash and cash equivalents at the end
of the reporting period 2 7,475 30,555

The notes form part of these financial statements

Page 6

EZER BEKOVOID LIMITED

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net expenditure for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Interest paid
Decrease in debtors
(Decrease)/increase in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
Total cash and cash equivalents
2025
£
(169,330)
26,319
312,230
(165,980)
3,239
2025
£
7,475
-
7,475
2024
£
(293,385)
18,018
-
283,899
8,532
2024
£
34,989
(4,434)
30,555

3. ANALYSIS OF CHANGES IN NET FUNDS

At 1.11.24
Cash flow
At
£
£
Net cash
Cash at bank
34,989
(27,514)
Bank overdraft
(4,434)
4,434
30,555
(23,080)
Total
30,555
(23,080)
31.10.25
£
7,475
-
7,475
7,475

The notes form part of these financial statements

Page 7

EZER BEKOVOID LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 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.

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.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the amount expected to be received or paid and not discounted.

Going Concern

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

Page 8

EZER BEKOVOID LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

2. DONATIONS AND LEGACIES

2.
DONATIONS AND LEGACIES
Donations
3.
RAISING FUNDS
Raising donations and legacies
Fundraising costs
Office expenses
Printing, postage and advertising
4.
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
5)
£
Grantmaking
1,007,624
Support
-
1,007,624
5.
GRANTS PAYABLE
Grantmaking
The total grants paid to institutions during the year was as follows:
Advancement of education
Relief of poverty
Advancement of religion
Bechatzros Kodshecho
Keter Malchus
Others
2025
2024
Unrestricted
Total
funds
funds
£
£
913,966
925,141
2025
2024
Unrestricted
Total
funds
funds
£
£
5,652
444
1,401
430
6,101
828
13,154
1,702
Support
costs (see
note 6)
Totals
£
£
-
1,007,624
62,518
62,518
62,518
1,070,142
2025
2024
£
£
1,007,624
1,192,745
2025
2024
£
£
528,554
511,270
3,660
47,025
446,199
615,620
978,413
1,173,915
446,199
528,554
3,660
978,413
2024
Total
funds
£
925,141
2024
Total
funds
£
444
430
828
1,702
1,070,142
2024
£
1,192,745
2024
£
511,270
47,025
615,620
1,173,915

Page 9

EZER BEKOVOID LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

5. GRANTS PAYABLE - continued

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

Relief of poverty
SUPPORT COSTS
Management
£
Support
5,877
Support costs, included in the above, are as follows:
Telephone
Sundries
Bank charges
Foreign exchange gains/losses
Interest payable and similar charges
Independent examiner's fee
Independent examiner's other fees
General expenses
2025
2024
£
£
29,211
18,830
Governance
Finance
costs
Totals
£
£
£
52,446
4,195
62,518
2025
2024
Total
Support
activities
£
£
601
512
5,276
29
2,154
1,326
23,973
-
26,319
18,018
1,680
1,920
2,040
1,920
475
354
62,518
24,079

6. SUPPORT COSTS

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

8. AVERAGE STAFF NUMBERS

The average number of staff in the year was Nil (2024 - Nil)

Page 10

EZER BEKOVOID LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

9. DEBTORS

Amounts falling due within one year:
Other debtors
Amounts falling due after more than one year:
Other debtors
Aggregate amounts
2025
£
2,416,410
1,185,475
3,601,885
2024
£
2,728,640
1,185,475
3,914,115

Other debtors falling due after more than one year comprise secured charitable loans made to Keser Malchus, a girls' school located in Israel.

10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Bank loans and overdrafts (see note 12)
-
Other creditors
706,822
Accruals and deferred income
9,202
716,024
11.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
£
Other creditors
2,631,266
12.
LOANS
An analysis of the maturity of loans is given below:
2025
£
Amounts falling due within one year on demand:
Bank overdrafts
-
13.
MOVEMENT IN FUNDS
Net
At
movement
1.11.24
in funds
£
£
Unrestricted funds
General fund
431,400
(169,330)
TOTAL FUNDS
431,400
(169,330)
2024
£
4,434
970,504
12,481
987,419
2024
£
2,530,285
2024
£
4,434
970,504
12,481
2024
£
4,434
970,504
12,481
987,419
2024
£
4,434
At
31.10.25
£
262,070
2024
£
4,434
262,070

Page 11

EZER BEKOVOID LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2025

13. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
913,966
TOTAL FUNDS
913,966
Comparatives for movement in funds
At
1.11.23
£
Unrestricted funds
724,785
TOTAL FUNDS
724,785
Comparative net movement in funds included in the above are as follows:
Incoming
resources
£
Unrestricted funds
925,141
TOTAL FUNDS
925,141
Resources
expended
£
(1,083,296)
(1,083,296)
Net
movement
in funds
£
(293,385)
(293,385)
Resources
expended
£
(1,218,526)
(1,218,526)
Movement
in funds
£
(169,330)
(169,330)
At
31.10.24
£
431,400
431,400
Movement
in funds
£
(293,385)
(293,385)

14. RELATED PARTY DISCLOSURES

Other debtors of £2,416,410 (2024 - £2,728,640), other payments of £26,319(2024- £18,018) and other creditors amounting to £1,914,653 (2024 - £1,671,208) are due to companies of which certain trustees of this charity have significant influence.

Page 12