Docusign Envelope ID.. 9603FB284D684EC5_BEC9.84836B1F77E4
COMPANY REGISTRATION NUMBER: 07413901
CHARITY REGISTRATION NUMBER: 1139322
The AA Trust
Company Limited by Guarantee
Unaudited Financial Statements
For the year ended
30 September 2024
COHEN ARNOLD
Chartered Accountant
New Burlington House
1075 Finchley Road
LONDON
NWII OPU

Do¢xJslgn Envelope ID.. 9603F8284D684EC5.BEC9-84836B1 F77E4
The AA Trust
Company Limited by Guarantee
Financial Statements
Year ended 30 September 2024
Page
Trustees, annual report (incorpordting the director's report)
Independent examinerfs report to the trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Notes to the financial statements

Docusign Envelope ID.. 9603FB284D68-4EC5-BEC9-84836B1F77E4
The AA Trust
Company Limited by Guarantee
Trustees, Annual Report Oncorporating the Director's Report)
Year ended 30 September 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudiled financial statements of the charity for the year ended 30 September 2024.
Reference and administrative details
Registered charity name
Charity registration number
Company registration number 07413901
Principal office and registered Lower Ground Floor
office
43 Slamford Hill
London
N165SX
The AA Trust
1139322
The Trustees
Mr A Lipschitz
Mrs D Ost
Mrs E Lipschitz
Asher Sternlicht, FCA
Cohen Arnold
New Burlington House
1075 Finchley Road
LONDON
NWII OPU
Independent examiner
Structure? governance and management
Structure
The charity is an incorporated entity limited by guarantee established on 20 October 2010.
The Trustees administer the day-to-day affairs of the Charity- All Trustees give their time voluntarily
and no beneflt or expense was paid to them in the year.
Governance and management
The Articles of Association provide for a minimum of three trustees. It is not currently the intention of
the Trustees of the Charity to appoint new Trustees. Should the situation change in the future, the
Trustees will provide suitable recruitment trdining and induction procedures.
Risk management
The Trustees have identified and reviewed the major risks to which the Charity is exposed, in
particular those relating to the operations and finances of the Charity> and are satisfied that the systems
are in place to manage those risks.

Docuslgn Envelope ID.. 9603FB284D68_4EC5-BEC9.84836B1F77E4
The AA Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (coAIIAued)
Year ended 30 September 2024
Objectives and activities
Objectives
The company is established to further those purposes for the public benefit as are exclusively
charitable according to the laws of England 2nd Wales as the trustees may determine and in particular,
but not exclusively,.
l. The relief of povety particularly but not exclusively among persons of the Jewish faith in any part
of the world.
2. The advancement of the Jewish religion in any part of the world.
3. The advancement of the education of the public in any part of the world in the knowledge of the
Jewish religion and Jewish history and culture.
4. Such other charitable purposes for the tenefit of persons particularly but not exclusively of the
Jewish faith in any part of the world as the trustees shall from time to time decide.
Activities
The charity makes grants to various institutions and bodies which are identified by the trustees as
advancing the objectives of the charity.
The charity's principal income was generated from the charity's investment properties.
Public benefit
The trustees have considered the Charity Commission's guidance on public benefit and consider that
the charity confornis with them.
Achievements and perfornlance
During the year the charity continued its philanthropic activities and its support of its charitable
objects with grants and donations totalling £190,981.
Financial review
The financial position of the charity is satisfadory.
The charity's financial statements show a net deficit of £13,471 (2023.. net surplus of £51,618) and
total reserves of £1,842,182 (2023: £1,855,653). Income from donations aggregated £44,800, and
incorne from investments aggregated £240,831. Net income from the charity's investment properties
aggregated £201,983.
The financial results of the charity's activities for the year to 30 September 2024 are fully reflected in
the attached financial statements together with the not¢s thereon.
Investment policy
The trustees have set a policy that the expendable endowment should be invested so as to maximise
the total return with a low level of risk.
Reserves policy
It is the policy of the charity to maintain unrestricted funds at a level which the Trustees consider
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
satisfactory incoming resources.

Docusign Envelope ID.. 96D3FB284D684EC5_BEC9_84836B1F77E4
The AA Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (eomilnxed)
Year ended 30 September 2024
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 23 July 2025 and signed on behalf of the bcTrard of trustees
by:
Do¢uSl¥nodtry'.
5D145EEOAF6D4DD..
Mr A Lipschitz
Trustee

Docusign Envelope ID.. 96D3FB284D684EC5_BEC9_84836B1 F77E4
The AA Trust
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The AA Trust
Year ended 30 September 2024
I report to the trustees on my examination of the financial statements of The AA Trust ('the charity,)
for the year ended 30 Septernber 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes 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 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried oul under section 145 of the Charities Act 2011 ('the 2011 Act,). In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because I
am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one
of the listed bodies.
have completed my exam7nation. I confirn] that no matters have come to my attention in connection
with the examination giving me cause to believe:
accounting records were not kept in respect of the charity Is required by section 386 of the
2006 Act. or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination. or
the financial statements have not been prepared in accordance with Ihe methods and
principles of the Statement of Recommended Practice for accounting and reporting by
harities applicable to charities preparing iheir 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 other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Asher Sternlicht, FCA
Cohen Arnold
Independent Examiner
New Burlington House
1075 Finchley Road
LONDON
NWI I OPU
23 July 2025

tA)cusign Envelope ID.. 9603FB284D684EC5-BEC9_8483681F77E4
The AA Trust
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 30 September 2024
2024
Unrestricted
funds Total funds Total funds
2023
r4ote
Income and endowments
Donations and legacies
Investment income
44,800
240,831
44,800
240,831
58,000
237,331
Total income
285,631
285,631
295,331
Expenditure
Expenditure on raising funds:
Investment management costs
Expenditure on charitable activities
Total expenditure
(36,973)
(36,973)
(40,143)
(262,129) (262,129) (203,570)
(299,102) (299,102) (243,713)
Iyet (expenditure)/income and net movement in funds
(13,471)
(13,471)
51,618
Reconciliation of funds
Total funds brought forward
Total funds carried forward
1,855,653
1,855,653
1,804,035
1.855,653
1,842,182
1,842,182
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes pagtt 7 to 12 forni pAi* of these financial stat¢ments.

Do¢usign Envelope ID.. 96D3FB284D684EC5_BEC9_84836B1 F77E4
The AA Trust
Company Limited by Guarantee
Statement of Financial Position
30 September 2024
2024
2023
Note
Fixed assets
Investrnents
io
2,750,000
2,750,000
Current assets
Debtors
Cash at bank and in hand
li
31,705
7,075
33,983
15,577
38,780
49,560
Creditors: amounts falling due
within one year
12
(112,543)
(83,305)
Net current liabilities
(73,763)
2,676,237
(33,745)
2,716,255
Total assets less current liabilities
Creditors: amounts falliJ)g due after
more than one year
Net assets
13
(834,055)
1,842,182
(860,602)
1,855,653
Funds of the charity
Unrestricted funds
1,842,182
1,855,653
1,855,653
Total cha rity funds
14
1,842,182
For the year ending 30 September 2024 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 23 July
2025, and are signed on behalf of the board by:
DDcuSlGn￿d by..
tsrscLI*
50145EESAf504DD.
Mr A Lipschitz
Trustee
The notes on pages 7 to 12 forni part of these financial statements.

Docusign Envelope ID.. 96o3FB284D684Ec5-BEC￿4836Bl F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 30 September 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Lower Ground Floor, 43 Stamford Hill, London, N16 5SX.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no materiv41 uncertainties about the charity's ability to continue.
Disclosure exemptions
The entity 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 statement has been presented for the company.
(b) Disclosures in respect of financial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and ￿SumptIonS that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.

Do¢uslgn Envelope ID= 96D3FB284D684EC&BEC9-84836B1F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements fcorttlrtAedJ
Year ended 30 September 2024
Accounting policies (conllnued)
Resources 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 statement of
financial activities to which it relates-
expenditure on raising funds includes the costs of all fundraising activitTes, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governan¢¢ of the charity apportioned to charitable
activities.
other expenditure iT]cludes all expenditure that is neither related to Taising funds for the
charity nor p&rt of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financlal instruments
A financial asset or a financial liability is recognised only when the entity becomes a paty to the
contractual PTOViSiOnS of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where it
is recognised at the present value of the future payments discounted at a market rate of interest
for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Limited by guarantee
The AA Trust is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not
exceeding £ I to the assets of the company in the event of its being wound up whlle he or she is a
member, or within one year after ceasing to be a member.

Docusign Envelope10'. 96D3FB28.4D684EC5_BEC9-84836B1F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements (contlKuerf)
Year ended 30 September 2024
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations
44,800
44,800
58,000
58,000
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Income from investment properties
Other interest receivable
238,956
1,875
238,956
1,875
236,393
938
236,393
938
240,831
240,831
237,331
237,331
Analysis of grants
2024
Grants to institutions
The Egerton Road Trust
Amud Hatzdokoh Trust
Yeshuos Shabbos
Mercaz Hatorah Netzach Yisroel
College For Higher Rabblnical Studies
Start Upright
Yeshivas Bels Dovid
Mosdos Hatorah Pnei Menachem Ltd
Kahal Chassidim Bobov
Cong. Minchas Yehuda
Kolel Yehoshuas Chaim
The New Girls School
Vyoel Moshe Charitable Trust
Other grants below £5,000
24,647
12,290
11,504
io,ioo
10,000
9,400
9,050
7,500
7,000
6,181
5,985
5,700
5,335
64,651
189J43
Grants to individuals
Grants to individuals
1,638
Total grants
190,981
Grants were made in pursuit of the charity's objects in the fields of rcligion, education and the
relief of poverty.

Docusign Envelop810'. 96D3FB284D684EC5-BEC9_8483681F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Staten)ents (conlinued)
Year ended 30 September 2024
Independent examination fees
2024
2023
Fees payable to the independent exaTniner for:
Independent examination of the financial statements
3J30
3,240
Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
10. Investments
Investment
properties
Fair value
At l October 2023 and 30 September 2024
Impairment
At l October 2023 and 30 September 2024
Carrying amount
At 30 September 2024
At 30 September 2023
2,750,000
2,750,000
2,750,000
All investments shown above are held at valuation.
Investment properties
Investment property is initially recorded at cost, which includes purchase price and any directly
attributable expenditure. Investment property is revalued to its fair value at each reporting date
by the trustees and any changes in fair value are recognised in profit or loss.
11. Debtors
2024
2023
Trade debtors
Prepaytnents and accrued incorne
Other debtors
128
6,577
25,000
2.483
31.500
31,705
33.983
io

Docusign Envelope ID= 9603FB284D68-4EC5-BEC944836B1 F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements (eonllFtuetl)
Year ended 30 September 2024
12. Creditors: amounts falling due within one year
2024
2023
Mortgage loans
Accruals and deferred income
Other creditors
22,298
6,660
83,585
22,300
6,480
54,525
112,543
83,305
13. Creditors: amounts falling due after more than one year
2024
2023
Mortgage loans
Bank loans and overdrafts
Other creditors
746,288
6,667
81,100
756,335
16,667
87.600
834,055
860,602
14. Analysis of charitable funds
Unrestricted funds
At30
September
2024
At l October
2023
Income Expenditure
General funds
Fair value reserve
463,707
1,391,946
285,631
(299,102)
450,236
lJ91,946
1,855,653
285,631
(299,102) 1,842,182
At30
September
2023
At l October
2022
Income Expenditure
General funds
Fair value reserve
412,089
1,391,946
295,331
(243,713)
463.707
1,391,946
(243,713) 1,855,653
1,804,035
295,331
li

Do¢usign Envelope ID.. 96D3FB284D684EC5-BEC9-84836B1 F77E4
The AA Trust
Company Limited by Guarantee
Notes to the Financial Statements (conlinE4edJ
Year ended 30 September 2024
15. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
2,750,000
2,750,000
38,780
38,780
(112,543) (112,543)
(834,055) (834,055)
1,842,182
1,842,182
Unrestricted Total Funds
Funds
2023
Investments
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
2,750,000
2,750,000
49,560
49,560
(83,305)
(83,305)
(860,602) (860,602)
1,855,653
1,855,653
16. Related parties
Donations received includes amounts aggregating £43,800 of donations from companies
connected to the Trustees. No conditions were attached to any of the donations.
Included in Other creditors falling due within one year are amounts aggregating £76,790 due to
ompanies with directors in common with this charitable company.
12