**REGISTERED CHARITY NUMBER: 1152009** **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31ST DECEMBER 2024** **FOR** **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** Sheppards Chartered Accountants Suite 2.2 My Buro 20 Market Street Altrincham Cheshire WA14 1PF **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ||**Page**| |---|---| |**Report of the Trustees**|1| |**Independent Examiner's Report**|2| |**Statement of Receipts and Payments**|3| |**Statement of Assets and Liabilities**|4| |**Notes to the Financial Statements**|5 to 6| |**Detailed Statement of Receipts and Payments**|7| **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31ST DECEMBER 2024** The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1152009 ## **Principal address** 39 Lancaster Grove London NW3 4HB ## **Trustees** J Levy Mrs G S Rifkind A Levy J T Levy ## **Independent Examiner** Charles Levine BA FCA Sheppards Chartered Accountants Suite 2.2, My Buro 20 Market Street Altrincham Cheshire WA14 1PF ## **Bankers** Lloyds TSB Bank plc 21 - 23 Hill Street London W1J 5JW Approved by order of the board of trustees on 3 June 2025 and signed on its behalf by: ## Soleus J Levy - Trustee Page 1 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **Independent examiner's report to the trustees of The Levy Rifkind Family Charitable Settlement** I report to the charity trustees on my examination of the accounts of The Levy Rifkind Family Charitable Settlement (the Trust) for the year ended 31st December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Charles Levine BA FCA Sheppards Chartered Accountants Suite 2.2, My Buro 20 Market Street Altrincham Cheshire WA14 1PF 3 June 2025 Page 2 ## **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** |2024
Unrestricted
fund
Notes
£
**RECEIPTS**
Donations and legacies
38,250
Investment income
2
7,437
**Total receipts**
45,687
**PAYMENTS**
**Charitable activities**
Donations
49,675
Governance costs
954
Other costs
25
**Total payments**
50,654
Net gains/(losses) on investments
-
**NET OF RECEIPTS/(PAYMENTS)**
(4,967)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
483,756
**TOTAL FUNDS CARRIED FORWARD**
478,789|2023
Total
funds
£
15,905
4,171
20,076
25,538
198
-
25,736
-
(5,660)
489,416
483,756| |---|---| The notes form part of these financial statements Page 3 ## **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **STATEMENTS OF ASSETS AND LIABILITIES 31ST DECEMBER 2024** |2024
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Debtors
4
165,000
Cash at bank
333,789
498,789
**CREDITORS**
Amounts falling due within one year
5
(20,000)
**NET CURRENT ASSETS**
477,865
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
477,865
**NET ASSETS**
477,865
**FUNDS**
6
Unrestricted funds
477,865
**TOTAL FUNDS**
477,865|2023
Total
funds
£
-
483,756| |---|---| ||483,756
-| ||483,756| ||483,756| ||483,756| ||483,756| ||483,756| The financial statements were approved by the Board of Trustees and authorised for issue on 3 June 2025 and were signed on its behalf by: J Levy - Trustee The notes form part of these financial statements Page 4 **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity have been prepared on a receipts and payments basis, and in accordance with the Charities Act 2011. ## **Taxation** The charity is exempt from 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 purpose. ## **2. INVESTMENT INCOME** |**INVESTMENT INCOME**||| |---|---|---| ||2024|2023| ||£|£| |Bank interest received|7,437|4,171| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023. ## **4. DEBTORS** |Other debtors
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other loans|2024
£
165,000
2024
£
20,000|2023
£
-
2023
£
-| |---|---|---| ## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** Page 5 continued... ## **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **6. MOVEMENT IN FUNDS** |At 1/1/24
£
**Unrestricted funds**
General fund
483,756
**TOTAL FUNDS**
483,756
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
45,687
**TOTAL FUNDS**
45,687|Net
movement
At
in funds
31/12/24
£
£
(4,967)
478,789
(4,967)
478,789
Resources
Movement
expended
in funds
£
£
(50,654)
(4,967)
(50,654)
(4,967)| |---|---| ## **7. RELATED PARTY DISCLOSURES** During the year ended 31st December 2024, one of the Trustees lent the charity £20,000. This amount was outstanding at the year end and is included in Other Loans. Page 6 **THE LEVY RIFKIND FAMILY CHARITABLE SETTLEMENT** ## **DETAILED STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ||2024|2023| |---|---|---| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|38,250|15,905| |**Investment income**||| |Bank interest received|7,437|4,171| |**Total incoming resources**|45,687|20,076| |**EXPENDITURE**||| |**Charitable activities**||| |Donations|49,675|25,538| |**Support costs**||| |**Governance costs**||| |Independent examiners fee|954|198| |**Other costs**||| |Bank charges|25|-| |Total resources expended|50,654|25,736| |**Net expenditure**|(4,967)|(5,660)| This page does not form part of the statutory financial statements Page 7 ## **Issuer** Sheppards Chartered Accountants **Document generated** Wed, 4th Jun 2025 9:45:24 BST **Document fingerprint** 052fa196a71f6e699b23c8dd9f6a75d6 ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Wed, 4th Jun 2025 9:46:11 BST Mr Jonathan Levy - Signer (fae7745c23944f182f05bbbfb986e904) ## **Audit history log** ## **Date** ## **Action** Wed, 4th Jun 2025 9:45:24 BST Wed, 4th Jun 2025 9:45:24 BST Wed, 4th Jun 2025 9:45:24 BST Wed, 4th Jun 2025 9:45:24 BST Wed, 4th Jun 2025 9:45:29 BST Wed, 4th Jun 2025 9:45:30 BST Wed, 4th Jun 2025 9:45:30 BST Wed, 4th Jun 2025 9:45:44 BST Wed, 4th Jun 2025 9:46:11 BST Wed, 4th Jun 2025 9:46:11 BST Envelope generated with fingerprint cf958873d066863b16e60487a7f88260 (18.133.63.166) Document generated with fingerprint 052fa196a71f6e699b23c8dd9f6a75d6. (18.133.63.166) Mr Jonathan Levy has been assigned to this envelope. (18.133.63.166) Envelope has been set to automatically remind the active signer every 2 day(s). (18.133.63.166) Envelope generated Sent the envelope to Mr Jonathan Levy for signing Document emailed to party email Mr Jonathan Levy viewed the envelope (161.12.104.77) Mr Jonathan Levy signed the envelope (161.12.104.77) This envelope has been signed by all parties (161.12.104.77)