**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| 1 | P a g e **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 2 | P a g e **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 3 | P a g e **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| 4 | P a g e **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 5 | P a g e **Friends of Louis Jacobs.org** ## **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. 6 | P a g e **Friends of Louis Jacobs.org** ## **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| 7 | P a g e **Friends of Louis Jacobs.org** ## **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. 8 | P a g e **Friends of Louis Jacobs.org** **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| 9 | P a g e