Registered Company Number: 07237800 (England and Wales) Registered Charity Number: 1139099
Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 April 2025 for Friends Of Louis Jacobs.org
Friends of Louis Jacobs.org
Contents of the Financial Statements for the Year Ended 30 April 2025
| Report of the Trustees | 2 - 3 |
|---|---|
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| Detailed Statement of Financial Activities | 9 |
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Friends of Louis Jacobs.org
Report of the Trustees
for the Year Ended 30 April 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 30 April 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
To advance the education of the public in theology, with the particular emphasis on Judaism, by way of a website principally containing the writings of the late rabbi, Dr. Louis Jacobs, details of his life and scholarship, and his impact and relevance to contemporary Jewish society and religion. Additionally, for this website to be used as a resource for scholarship and general information on Jewish theology and to encourage debate and further scholarship based on the teachings of Rabbi Jacobs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07237800 (England and Wales)
Registered Charity number
1139099
Registered office
Ground Floor, 123 Pall Mall London SW1Y 5EA
Trustees
I Jacobs Company Director S M Rosefield Company Director D J Cohen Company Director
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Friends of Louis Jacobs.org
…continuation
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 ............................................. and signed on its behalf by:
I Jacobs - Trustee
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Friends of Louis Jacobs.org
Statement of Financial Activities
for the Year Ended 30 April 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities Religious literature sales Total EXPENDITURE ON Charitable activities Religious literature sales Fundraiser events Accountancy Consultancy Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
YE 2025 Unrestricted funds £ 23,006 3,497 26,503 12,883 8,031 1,620 - 22,534 3,969 221 4,190 |
YE 2024 Unrestricted funds £ 16,200 1,272 |
|---|---|---|
| 17,472 | ||
| 9,403 - 1,200 6,455 |
||
| 17,058 | ||
| 414 (193) |
||
| 221 |
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Friends of Louis Jacobs.org
Balance Sheet
for the Year Ended 30 April 2025
| Notes Current Assets Cash at Bank Creditors Amounts falling due within one year 3 NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS/(LIABILITIES) FUNDS Unrestricted funds TOTAL FUNDS |
YE 2025 Unrestricted funds £ 5,342 (1,152) 4,190 4,190 4,190 4,190 4,190 |
YE 2024 Unrestricted funds £ 1,781 (1,560) |
|---|---|---|
| 221 | ||
| 221 | ||
| 221 | ||
| 221 | ||
| 221 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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
-
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 ............................................. and were signed on its behalf by:
I Jacobs – Trustee
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Notes to the Financial Statements
for the Year Ended 30 April 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.
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. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
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Notes to the Financial Statements – continued for the Year Ended 30 April 2025
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| YE 2025 | YE 2024 | |
|---|---|---|
| £ | £ | |
| Trade Creditors | - | 408 |
| Accrued Expenses | 1,152 | 1,152 |
| 1,152 | 1,560 |
4. MOVEMENT IN FUNDS
| . MOVEMENT IN FUNDS |
||||
|---|---|---|---|---|
| Net | ||||
| movement | ||||
| At | 1.5.24 | in funds | At 30.4.25 | |
| Unrestricted funds | £ | £ | £ | |
| General Fund | 221 | 3,969 | 4,190 | |
| Total Funds | 221 | 3,969 | 4,190 | |
| Net movement in funds, included in the above | are as follows: | |||
| Incoming | Resources | Movement | ||
| Resources | expended | in funds | ||
| Unrestricted funds | £ | £ | £ | |
| General fund | 26,503 | 22,534 | 3,969 | |
| Total Funds | 26,503 | 22,534 | 3,969 | |
| Net | ||||
| movement | ||||
| Comparatives for movement in funds | At | 1.5.23 | in funds | At 30.4.24 |
| Unrestricted funds | £ | £ | £ | |
| General fund | (193) | 414 | 221 | |
| Total Funds | (193) | 414 | 221 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Total Funds |
Incoming Resources Resources expended Movemen t in funds £ £ £ 17,472 (17,058) 414 |
|---|---|
| 17,472 (17,058) 414 |
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Notes to the Financial Statements – continued for the Year Ended 30 April 2025
5. RELATED PARTY DISCLOSURE
During the year, donations of £10,450 (2024: £12,328) were received from CAF - The I & T Jacobs Charitable Trust of which a Trustee, Mr I Jacobs, was a trustee. And £1,000 (2024: £1,500) donations were received from the Trustee Mr S Rosefield.
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Detailed Statement of Financial Activities for the Year Ended 30 April 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Charitable activities Royalties Subscriptions Total incoming resources EXPENDITURE Charitable activities Subscriptions Publication of book Podcast running cost Room hire Advertising Website and editorial costs Postage and Stationery Fundraiser events Support costs Finance Bank charges Governance Costs Accountancy and legal fees Consultancy Total Resources expended Net income/(expenditure) |
YE 2025 £ 23,006 3,497 - 3,497 26,503 985 240 10,357 - 231 787 121 8,031 20,752 162 1,620 1,782 22,534 3,969 |
YE 2024 £ 16,200 462 810 |
|---|---|---|
| 1,272 | ||
| 17,472 - 900 5,815 349 526 1,640 - - |
||
| 9,230 173 1,200 6,455 |
||
| 7,655 | ||
| 17,058 | ||
| 414 |
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