THE PERSIAN HEBREW COMMUNITY
Charity No. 1138468
TRUSTEES, ANNUAL REPORT
and
FINANCIAL STATEMENTS
For the Year ended 31 March 2024

THE PERSIAIY HEBREW COMMUNITY
LEGAL AND ADMINISTRATIVE IIYFORMATION
Trustees
Amos Azizoff
Michael Hakimian
Alex Bassalian
Jeffrey Azizoff
eoffrey Azizollahorf
Charity No.
1138468
Address
2 Beechtield Road
London
N4 IPE
Independent examiner
Harold Bach. Accountant
Rokeby Hoiise
I l Bishops Road
London
N6 4HP

THE PERSIAN HEBREW COMMUNITY
TRUSTEES, ANNUAL REPORT
for the Year ended 31 March 2024
The trustees present their Annual Report and Financial Statements tor the year ended 31 March
2024
The tru<tees have elected to prepare accounts on a receipts and payments basis under Section 133
ot the Charities Act 2011.
Structure* governanee and management
The Charity was fomerly known as The Persian Hebrew Congregation. In accordance with the
order of the Charity Commission lor England and Wales. as Irom 19 July 201 O the Charity is
now known as The Persian Hebrew Community and is goTremed by the Scheme set out by the
Charity Commission.
The trustees who served during the year were:
Amos Azizoff (originally appointed 19 July 2010. reappointed 19 July 2022)
Michael Hakimian (origip_allv appointed 19 Jul), 201 O. reappointed 19 July 2022)
Alex Bassalian (originally appointed 19 July 2010. reappointed 19 July 2022)
jeft.rey Azizoff (originally appoinied 19 Jul}, 2010. reappointed 19 July 2022)
Geoffrey Azizolahotl" (originally appointed 8 May 201), reappointed 8 May 2021)
The appointment of trustees is governed by the Scheme and each trustee is appointed for a tenn
of 4 years.
Objectives and activities
The Charity's objects are:
The advancement of the Jewish t.aith among persons of the Persian Hebrew
Community with a preference for those who are for the time being resident in Great
Britain.
(i)
The education in the Jewish faith of the children of members of the Persian Hebrew
Community Wlth a preference for those who are tor the time being resident in Great
Britain.
The relief of poverty and sickness among the Persian Hebrew Community With a
prcference for those who are t.or the time being resident in Great Britain.
Such other purposes ancillary to the foregoing purposes as the trustees may from time
to time decide.

The trustees hold at least 2 meetings each year at which consideration is given to the Charity's
investments and distribution of funds.
The trustees have paid due regard io the guidance on public benefit issued by the Charity
Commission in deciding what activities the Charity should undertake.
Achievements and performance
During the year the Charity donated £65.000 to United Mashadi Community of Israel and
£12,000 to Vaad Jerusalem for the purpose of providing food and medicine for poor Persian
families in Israel. The Chaeity also donated £25.000 to Chabad Mishkafayim for the
advancement of and education in the Jewish faith of Persian families in Israel.
Financial review
As at 31 March 2024 the Charitv's tunds. all of which were unrestricted, amounted. at book cost,
to £1,662,038 (2023 - £1,657,705).
Ot the £1,662,038 £1,182,925 has been invested in a freehold propety to provide income for the
charity and £487,021 was held at bank. The sources of the £1.662.038 comprise funds of
£1,335,455 held at 31 March 2011, a legacy ot" £68.283 received in 2022 and £258.300 income
held in reserve.
On behalf of the board of trustee
Amos Azizoff
Trustee
Dated
. January 2025

THE PERSIAN HEBREW COMMUNITY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE PERSIAN HEBREW COMMUNITY {"the Charity")
I report on the accounts of the Persian Hebrew Community for the year ended 31 March 2024,
which are set out on pages 5 to 6.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the financial statements. The
Charity's trustees consider that an audit is not required for this year under section l M(2) of the
Charities Act 2011 ("the 2011 Act") and that an independent examination is needed.
It is my responsibility to:
(i)
(li)
examine the financial statements under section 145 of the 2011 Act;
to follow the procedures laAa dowi in the general Directions given by the Charity
Commission under sectloii 145(i)(b) ot.the ?01 l Act: and
to state whether particular matte￿￿ hai'e come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the Charity
and a comparison of the accounts pre>ented with those records. It also includes consideration of
any unusual items or disclosures in the accounts. and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is gii'en as to whether the accounts
present a 'true and fair view, and the report is limited to those matters set out in the statement
below.
Independent examiner's statement
In connection with my examination. no matter has come to my attention:
(a)
which gives me reason2ble cause to believe thal in any material respect the
requirements:
(i) to keep accounting records in accordance with section 130 of the 201 l Act; and
(li) to prepare accounts M,hich accord with the accounting records and comply with
the accounting requiremknts of the 201 l Act
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Harold Bach
Accountant
Rokeby House
I l Bishops Road
London N6 4HP
2G January 2025

THE PERSIAN HEBREW COMMUNITY
Charity No. 1138468
Statement of Receipts and Payrnents
for the Year ended 31 March 2024
un￿strIcted Funds
2023
Revenue receipts
82,339
169
Rentsl income ￿￿1Ved
Interest re￿iVed
82,339
1,755
82,508
84,094
Capital receipts
Legacy
68,283
Other receipts
Ex￿s5 of VAT charged on income over VAT suffered
on payments
51
150,791
Totsl Receipts
84,145
Revenue payrnents
Administrative expenditure
Insuran￿ of propety
Bank charges
Fess re rent review
2,017
175
2,405
2,192
2,505
Charitable loans. grants and donations
Grants and donatr.ons
United Mashadi Community of Israel
Chabad Mishkafayim
Vaad Jewsalem
Persian Sephardi Synagogue
65,000
40,000
25.000
12.000
28,000
12,000
105,000
77,000
107,192
79,505
Capitsl payments
Other payments
VAT oVe￿aId in e￿or
633
107,825
Total Paymen
79,505
42,966
Excess of Receipts over Payments
4,640
439,415
Bank balances as at 31 March 2023
482,381
482,381
Bank balances as at 31 March 2024
487,021

THE PERSIAN HEBREW COMMUNITY
Charity No. 1138468
Statement of Assets and Liabilities
as at 31 March 2024
UnTrstricted
Funds
2023
Assets
Freehold investment property
At cast
VAT overpaid ."ecoverable
Bank balan￿S
1.182,925
633
482,381
1,182,925
633
487,021
1,665,939
1,670,579
Liabilities
18,234)
VAT
Sundry creditor
(8,234)
{307}
1,657,705
Net assets
1,662.038
Sources of net assets
Unrestricted funds
1,614.106
As at 31 March 2023
1,657,705
Year ended 31 March 2024
68,283
82,508
(107,192)
Legacy
Revenue receipts
Revenue payments
Accrijed administrative expense
84,094
(79,505)
{256} {79,761 }
43,599
4,333
1.657,705
Unrestricted furids as at 31 March 2024
1,662,038