Oocusign En¥el)pe ID.. O7D69DBA-D6514C34437￿5E9A96D93l
COMPANY REGISTRATION NUMBER: 07413901
CHARITY REGISTRATION NUMBER: 1139322
The AA Trust
Company Limited by Guarantee
Unaudited Financial Ststements
For the ye8r ended
30 Sep¢emb¢r 2023
COHEN ARNOLD
Chartered Accountant
New Burlinglon House
1075 Finchley Road
LONDON
NWII OPU

DorAJfAgn Env81ope ID.. o7D69DBA-D6s14¢34437￿5E9AW9306
The AA Trust
Company Limlted by Guarantee
Financial Statements
Year end¢d 30 September 2023
Page
Trustees, annual report (incorpornting the directotrs report)
Jndepend¢nt examiner's report to the trustees
Statement of financial activities (including income and expenditur¢
account)
Siatement of financial position
Notes to the finAn¢ial statements

DoGu*gn Env8lope ID.. 07D69DBA-CN5514C34437&D5E9A96D9308
The AA Trust
Company Limited by Guarantee
Trustees, Annual Report Oneorporating the Director's Report)
Year ended 30 September 2023
The trustees, who are also the director5 for the purpos¢s of company law, present their report and the
unaudited financial statements of the charity for the year ¢nded 30 September 2023.
Reference and administrotive detaib
Registsred charity name
Charity registration number
Company registration number 07413901
Principal office and rtgistered Lower Ground Floor
office
43 Statnford Hill
London
N16 5SX
The AA Tn]st
1139322
The trustees
Mr A Lipschttz
Mrs D Ost
Mrs E Lipschitz
Asher Sfrmlicht, FCA
Cohen Amold
New Burlington House
1075 Finchlcy Road
LONDON
NWII OPU
Independent examiner
Structure? governanee and management
Structure
The chariiy is an incorwrated entity limited by guarantee established on 20 Octoixr 2010.
The Trustees adtninist¢r th¢ day-to-day affairs of the Charity. All Trustees give their time voluntarily
and no benefit or expense was paid to tkm in the year.
Govern#nce and managem¢nt
The Artitl¢s of Association provide for a minimum of three trustees. It is not CU￿e￿ilY the intention of
the Trustees of ihe Charity to appoint new Trustees. Should the situation change in the future. the
Trustees will provide suitable recruitment training and induction procedures.
Risk managem¢nt
The Trustees have identified and reviewed the major risks to which the Charity is exposed, in
particular those relating to tlie operations and finance5 of the C1i2rity, and are satisfied that the systems
are in place to manage those risks.

DoGusign Envdope ID.. 07D69D8A-06514C3¥837K15E9A96D9306
The AA Trust
Company Limited by Guarantee
Tru5tees' Annual Report (Incorporating the Director's Report) {coMiln¥ed)
Year ended 30 September 2023
Objectives and activities
Objective5
The company is established to further those purposes for the publi¢ benefit as are exclusively
haritable according to the laws of England and Wales as the trustees may determine and in particular,
but not exclusively,:
l. The relief of poverty particularly but not exclusively among pe￿OnS of ihe Jewish hith in any part
of the world.
2. The advaneement of the Jewish religion in any part of the world.
3. The advancement of the eduL7tion of the public in any part of the world in the knowledge of the
Jewish religion and Jewish history and culture.
4. Such other charitsble purposes for t￿ benefit of petsons particularly but not exclusively of the
Jewish faith in any part of the world as the trusteff shall from time to time decide.
Activlties
The charity makes grants to various institutions and bodies which are identifIed by the trustees as
advancing the objcetives of the charity.
The charity's principal income was gen¢rated from the charity's inves(meni properties.
Public benefit
The trustees have COT)sidered the Charity Commission's guidance on public benefit and consider that
the dwity conforms With them.
Achievements and performance
During the year the charity ¢onlinued its philonthropic activities and its support of its charitable
objects with grants and donations totalling £140,287.
Financial review
The financial position of the charity is satisfactory.
The charity's financial statements show a net surplus of £51,618 (2022.. £2,548) and lotal reserves of
£1,855,653 (2022.. £1,804,035). Incorne from donations aggregated £58,000, and income from
investments aggregated £237,331. Net income from the charity's investment properties aggregated
£196,250.
Th¢ financial results of the charity's activities for the year to 30 September 2023 are fully ￿flected in
the attached financial statements together with thc notes thereon.
Investment policy
The trustees have set a wlicy that ihe expendable endowment S￿uld be invested so as to maximise
the total return with a low levcl of risk.
Reserves policy
It is the policy of the charity to maintain unrestri¢ted funds at a level which the Trustees ¢onsider
appropriate after taking account of its future commitments.
Plans for future periods
The Charity plans to continue the activities outlined above in the forthcoming years subject to
Salisfactory incoming resources.

DDtyJ*gn Envelope ID.. 07D69DBA.D6514C3U37&05E9A96D9306
The AA Trust
Company Limited by Guarantee
Trustees, AnnuAI Report (Incorporating the Director's Report} lets￿l￿￿ed)
Y¢aT ended 30 September 2023
Small company prO￿s1OnS
This report has been prepared in accordance with the provisions applicable to companies entitled to
the sma]I cotnpanies exemption.
The trustees, annual report approved on .lfl JuLy..ZoL* and signed on behalf of the board of
trustees by-
5D14SEÈ9AFgO4UO_
Mr A Lipsehitz
Trustee

Docusign Envelope ID.. 07D69DBA-D6514C34437&DSE9A96D9306
The AA Trust
Company Limited by Guarantee
JndepeThdent ExamiDer's Report to the Trustees of The AA Trust
Year ended 30 September 2023
I report to the tDJstees on my examin2tion of the finan¢i&l statements of The AA Trust (Xhe charity,)
for the year ended 30 SepleJnb¢r 2023.
Responsibilities and b&sis of report
As the trustees of the company (and also its directors for the purpos¢s of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 ('the 2006 A￿,).
Having satisfied mys¢lf ihai the accounts of the company are not required to be audited under Part 16
of the 2006 A￿ and are eligible for independent examination, I report in re$￿ct of my examiDltion of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Aet,). In
canying out my examination I have followed the Directions given by the Charity Comwnission under
section 145(5)(b) of the 2011 ACL
Independent examiner's ststement
Since the charity's gross in¢om¢ exceeded £250,000 your examiner must be a member of a trx)dy listed
in section 145 of th¢ 2011 Act. I confirm that l am qualified to undertake the examination b￿aUse I
am a member of the Institute of Chartered Accountants in England and Wales (ICAEW). which is one
of the listed bodies.
I have completed my examination. I confirm that no matters have Come to my attention in Col￿eCtIOn
with the examination griving Ine cause to believe..
accounting re¢ords were not kept in respecl of the charity 83 required by seclion 386 of the
20[￿ Act. or
the financial sthtements do not accord with those record5- or
the financial ￿aleInents do not comply with the accounting requiretnents of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fail view which
is not a matt¢r considered ￿ part of independent examination. or
the financial statements hve not been prepared in accordance with the methods and
principles of the Statement of Recomtnended Practice for a¢¢ounting and reporting by
¢hArities applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no oih¢r matters in connection with the examination lo
which attention should be drawn in this report in order to enabl¢ a proper underslanding of the
accounts to be reached.
Aslier StemlichL FCA
Cohen Arnold
Independent Examiner
New Burlinglon House
1075 Finchley Road
LONDON
NWII OPU
2q JVLY 2oZf

Oocusign Env&lope ID.. 07D69DBA-D6514C344375-DSEgA96D93(K8
The AA Trust
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure aceounl)
Year ended 30 September 2023
Peri￿1 from
INov21to
30 Sep 22
Year to 30 Sep 23
Unrestricted
funds Total funds Total funds
Notr
Income and endoiyments
Donations and legacies
Investment income
58,th)0
237,331
5&000
237J31
295J31
55,090
173.530
228.620
To¢#1 income
295,331
Expenditure
Expenditure on raising funds..
Investment management costs
Expenditure on choritable activities
Total expenditure
(40.143)
(40,143)
(40,959)
(203,570) (203,570) (185,113)
(243,713) (243,713) (226,072)
Net ineome and net movement in funds
51,618
51,618
2,548
Reeoncilialion ol funds
Total funds brought fo)Ivard
Total funds carried forward
1,804,035
1.855,653
1004,035
1055,653
1,801.487
1,804,035
The statement of financial a¢livilies includes all gains and105ses recognised in the year.
All income and expenditure derive from continuing activities.
The on pagt$ 7 to 12 forrn partof these financigl $tllfemen

Oocusign Envdopelo.. 07D69DBA-0651-4CW8379D5E9A96D9306
The AA Trust
Company Limited by Guarantee
Statement of Financial Position
30 September 2023
2023
2022
Not¢
Fixed assets
InvesttDents
io
2,750,INIO
2,750,Cth)
Current assets
Debtors
Cash at bank and in hand
li
33,983
1&577
6,154
4,495
49,560
10.649
Creditors: amounts falling due
within one year
Net current liabilities
12
(83,305)
(68,618)
(33,745)
2,716,255
(57,969)
2,692,031
Total assets less current liabilitie5
Creditors: amounts falling due after
more than one year
Net assets
13
(860,61J2)
1,855,653
(887,996)
,804,035
Funds of the charity
Unrestiicted funds
,855,653
1,855,653
1,804,035
Total charity fllnds
14
1,804.035
For ihe year ending 30 Seplctnber 2023 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors. re5ponsibilities'.
The members have not r¢quired the company to obtain an audit of its finan¢ial statements for the
year in question in accordance with seclion 476-
The ditEctors acknowledge their responsibililies for complying with the requirements of the Act
wth respect to accounting records and the preparation of financial slatc￿entS.
These financial ststements have been prepared in accordance with the provisions applicable to
companies subject to Ihe smill comronies, regirne.
These financial statements were approved by the board of tn]stees and authorised for issue on
.. 3VL¥..Ac.¥Y , and are sign¢d on behalf of the board by..
Do¢￿&1￿•￿￿¥..
1 5ÈE¥AF
MrAi rf,
Ipsc
Trustee
rhe notes on p*gtg 7 to 12 part olihes¢ fin#neig15tstetrJeThls.

twJcu3ign Envdope ID.. 07069OBA-D6514C34-8375-D6E9A96D9306
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year end¢d 30 September 2023
General information
The charity is a public benefit entity aT)d a private company limil¢d by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of th¢ registered
office is Lowcr Ground Floor, 43 Stamford Hill, LA)ndon, N16 5SX.
ststement occompliance
These financial statements have been prepared in Compliance with FRS 102, 'The FinaDrial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Pradice applicable to charities preparing their a¢counts in accoidance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Ad 2006.
Aecounting policies
Basis of preparation
The financial statements have been prepared on the hisiori¢al cost basis, as Tnodified by the
revaluation of certain financial assets and liabilities and investment properties measured ai fair
value through income or expenditure.
The financi￿ ststement5 are preparoj in sterling, which is the functional currency of the entity.
Going concern
Tliere are no Materi￿ uncertainties about th¢ charity's ability to continue.
Dts¢losure exemptions
Th¢ ¢ntity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such,
advantage has been taken of the following disclosure exemptions available under paragraph 1.12
of FRS 102:
(a) No cash flow stateTnent been presenied for the company.
(b) Disc]￿ureS in respect of financial instruments have not been presented.
Judgements and key sources of estimatlOD llncertainty
The preparalion of the financial statements requires rnanagement to Tnake judgements. estiTn2tes
and assumptions that affect the amounts report¢d. These estimates and judgemenls att
continually reviewed and are based on experience and other factors, i￿luding expedations of
future events that are believed to be reasonable under the circumstances.

Do¢u5ign Enve*Jpe ID.. O7D69DBA-D6S14C344375￿sE￿6093(
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements (cominwedj
Year ended 30 September 2023
Accounting policies (e&nllh*ed)
Resourtts expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statemem of
finan¢ial activities to which it relates..
expenditure on raising funds includes the costs of all fundraising activities, events.
non-charitable trading activities. and the sale of donated goods.
expenditure on ¢haritable activities includes all costs incurred by a charity in undertaking
activilies that further its charitable aims for the ben¢fil of its beneficiaTies, including those
support costs and costs relating to the governance of the ¢harity apportion¢d io charitsble
8ctiviiies.
other expenditure includes all expenditure that is ncither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the us¢ of the resource. Direct costs
atts'ibutable to a single activity are allo¢ared directly to tIHi activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable a￿] consi51enl basis.
Financial instruments
A financial asset or a financial liability is recognised only when the entity be¢omes a p8Jty to the
contractual provisions of the instrumenl.
Basic financial inslwTnents are initially recognis¢d at the amount Tr£eivable or payable including
any related transaction cosrs, unless the arrangement constitules a financing transaction, where it
is r￿ognISed at the present value of the future payments discounied at a market rate of interest
for a similar debt instrument.
Current assets and Current liabilities are subsequently me&8ured ai the cash or other considerntion
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Llmlt&l by guarantee
The AA Trust is a company limited by guarantee and a¢cordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not
exceeding £1 lo the asseis of the company in the eveni of ils being wound up while he or she is a
membeT, or within one year after ceasing to be a membcr.

Docuslgn Ewdope ID.. 07D69DBA-D6514C3M3754)5E9A96D9306
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements fconllnwed)
Year ended 30 September 2023
Donations and leg#eies
Unreslrict¢d Total Fund5 Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Donations
58,IKJO
58,(M)O
55,090
55.tr)0
IDvestment income
Unrestricted Total Fundi Unrestricted Total Funds
FuT)ds
2023
Funds
2022
In¢ome from inv￿tment properties
Other interest receivable
236,393
938
236a93
938
173,530
173,530
237,331
237J31
173,530
173,530
Analysis of grants
Year to
30 Sep 23
Grant5 10 institutions
Yeshuos Shabbos
Kahal ch￿5]diM Bobov
Mosdos Hatorah Pnei Menachem Ltd
Ovos Ubonimlyagdil Torah
Friends of Bobov
Kollel Yeshu&g Chaim
Amud Hatzdokoh Trust
Cong. Wyoel Moshe D'satmer Charitable Trust
UTRY
22JOO
lo,(￿0
lo,￿0
7,98S
5,955
4,750
Success Stories
Viznitz Institutions Trust
Collel Chibath Yerushalayim
Other grants below £3,000
4.IMIO
3,620
35,581
130,991
Grgnts to individuals
Grants to individuals
9,296
140,287
Tota] grants
Grants were made in pU￿Ul1 of the charity's objects in tlie fields of religion, education and the
relief of poverty.

Oowslgn Envdop8 ID.. 07D69DBA-D6514C3U37&D5E9A96D93L
The AA Trust
Company Limited by Guarantee
Notes to the Finaneial Statements (¢trfvllA#edJ
Year ended 30 September 2023
Independent examination fees
Period from
Yearto l Nov 21 to
30 Sep 23
30 S¢p 22
Fees payable to the independent examiner for=
Independent examination of the financial statements
3240
3.180
Trustee remuneration and expeTrses
No iemuneralion or other ￿nefits from employmeni with the charity or a related entity were
received by the tr￿le¢s.
10. Investm¢nts
Investment
properties
Falr value
At l October 2022 #lid 30 September 2023
Impairment
At l October 2022 and 30 Swtember 2023
Carryingamount
At 30 September 2023
AI 30 September 2022
2,7SO,(MK)
2,750,000
2.750,000
All investments shown above are held at valuation.
Investment properties
Investment property is initially recorded at cosL which includes purchase price and any directly
attributable expendilwe. Investment property is revalued to ils fair value at each reporting dite
by the trustees and any changes in fair value are T￿ognIsed in profil or loss.
11. Debtors
2023
2022
Prepayments and acGru¢d income
Other debtors
2,483
31,500
33,983
953
5,201
6,154
io

Docusign Env81op8 ID.. 07D69D8A_DE514C34-837KJ5E9A96DY305
The AA Trust
Cotnpany Limited by Guarantee
Notes to the Financial Statemellts (cyntltttseél
Year ended 30 September 2023
12. Creditors: amounts falling due within one year
2023
2022
Mortgage loans
Accrua15 and deferred in¢ome
Other creditors
22JOO
6.480
54.525
22,298
6,480
39,$40
68,618
83,305
13. Creditors.. amounts falling due after more than one ye*r
2023
2022
Mortgage loans
Bank loans and overdraft5
Other creditors
756J35
16,667
87,600
765,729
26,667
95,600
887,996
86Q602
14. Analysis of charit*ble funds
Unrestri¢t¢d funds
At30
Sep(ember
2023
At l October
2022
Income Expenditure
General funds
Fair value reserve
412,089
1.391,946
295,331
(243,713)
463,707
lJ91,946
1,804.035
295.331
(243.713) I￿55,653
At
l Noyember
2021
At30
September
2022
Income Expenditure
General funds
Fair value reserve
409,541
lJ91,946
1,801.487
228,620
(226.072)
412,089
1,391,946
(226,072) 1.804,035
228.620

Docusign Envdopg ID.. 07D69DBA-D6514C34-837&D6E9A96D9306
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements [con1￿￿e￿I
Y¢ar ended 30 Sept¢mber 2023
15. Analysi$ of net assets between funds
Unr¢stricted Total Funds
Funds
2023
Investments
Current &ssets
Creditors les5 than l year
Creditors greater than l year
Nel asstts
2,750,(K)O
2,750,￿0
49.560
49,560
(83.305)
(83 JQS)
(860,602) (860,602)
1,855,653
1.855,653
Unrestricted Total Funds
FuT]ds
2022
Inveslrnents
C￿￿e￿I assets
Creditors less than l year
C￿dItorS greater than l year
Ne.t assets
2,750,(M)o
2,750,(M)O
10,649
10.649
{68,618)
(68,618)
(887,996) (887.996)
1,804,035
1.804,035
12