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2025-07-31-accounts

RENAISSANCE PUBLISHING A company limited by guarantee

RENAISSANCE PUBLISHING (A company limited by guarantee)

Annual Report and Accounts

For the year ended 31 July 2025 Registered Charity Number: 1152871 Company Number: 04245529

RENAISSANCE PUBLISHING A company limited by guarantee

Page
Trustees’ Annual Report 1-4
Independent Examiner’s Report 5
Statement of Financial Activities (including the income and expenditure account) 6
Balance Sheet
 7
Notes to the Financial Statements 8 - 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Legal and Professional Information

Registered Charity Number:

1152871

Company Number:

04245529

Governing Document

Articles of Association

President

David Dangoor

Trustees

Andrew Gordon Patti Langton, Lady Collins David Benmayer Spencer Debson Hester Abrams

Chairman

Andrew Gordon

Chief Executive Dr. Aviva Dautch

Secretary

Lorraine Sheridan

Registered Office

12E Shenley Road Borehamwood, England WD6 1AE

Independent Examiner

WSM Advisors Limited Connect House 133-137 Alexandra Road Wimbledon London SW19 7JY

Bankers

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

RENAISSANCE PUBLISHING

A company limited by guarantee

TRUSTEES’ ANNUAL REPORT For the Year ended 31 July 2025

The trustees, who are also directors, present their Annual Report together with the Financial Statements For the Year ended 31 July 2025. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the financial statements and comply with the charitable company's governing document, the Companies Act 2006 and "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)".

Reference and Administrative Details

Renaissance Publishing is a company limited by guarantee (registration number 04245529) and is registered by the Charity Commission under registration number 1152871.

Structure, Governance and Management

Renaissance Publishing is a registered charity and company limited by guarantee. Renaissance Publishing is governed by its Memorandum and Articles of Association and by the regulations of the Charity Commission and Company Law.

The following trustees (who are also the directors of the company for the purposes of company law) have held office since 1 August 2024 except as indicated:

Andrew Gordon Ian Lancaster (Resigned 05 June 2025) Patti Langton, Lady Collins David Benmayer Spencer Debson Hester Abrams

Renaissance Publishing governance structure consists of the Board of Trustees. The Trustees may also from time to time appoint sub committees and they also appoint the Company Secretary. The Board of Trustees direct the affairs of Renaissance Publishing, provide leadership, fulfil their fiduciary duty and are involved in the endorsement of policy and in monitoring its implementation. The Board meets quarterly.

The trustees may appoint a person who is willing to act to be a trustee either to fill a vacancy or as an additional trustee provided that the appointment does not cause the number of trustees to exceed any number fixed by or in accordance with the articles as the maximum number of trustees. A trustee so appointed shall hold office only until the next following annual general meeting and shall not be taken into account in determining the trustees who are to retire by rotation at the meeting. If not reappointed at such annual general meeting, he or she shall vacate office at the conclusion thereof. No person other than a trustee retiring by rotation may be appointed or re-appointed as a trustee at any general meeting unless:

On appointment to the board the trustees receive the Renaissance Publishing Governance Handbook which outlines the structure and responsibilities of the Trustees and the Mission and Policy Statement.

Where a gap in trustee expertise is identified at a trustee meeting the Board of Trustees recruits a new trustee. The requirement is advertised within the subscription list of Renaissance Publishing and externally. A sub committee interviews a short list of applicants and their proposed choice is ratified by the Board of Trustees.

TRUSTEES’ ANNUAL REPORT (cont.) For the Year ended 31 July 2025

Page 1 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Objectives and Activities

The objectives of Renaissance Publishing are to advance the education of the public on issues related to Jewish culture, arts, heritage, history, religion and community by promoting, publishing and distributing literature, publications, articles and information and by organising educational and cultural activities including lectures, discussions, learning events and cultural and educational tours.

The main activity is the production and distribution of Jewish Renaissance magazine and Renaissance Publishing also runs events and tours.

Public Benefit

The Trustees have adhered to the Charity Commission’s guidance on public benefit. Renaissance Publishing is a major disseminator of Jewish culture to the Jewish and wider community. This is achieved by publication of a quarterly magazine with articles and comprehensive UK & international listings that is freely available through our website and social media channels. We also engage the public with our events and UK and overseas tours.

Achievements and Performance

I am delighted to present my Chairman’s report. The year to 31 July 2025 has been a complicated one, but with many positive elements. Jewish Renaissance (JR) continues to solidify our reputation as the champion of Jewish arts and culture, a must for everyone who wants to know what’s coming next in art, books, theatre, film, music and heritage wherever Jews live and create in the world. We are building the JR community around our offering of quality journalism, both in our magazine and online, from expert contributors with their fingers on the pulse, outstanding design, an enticing offer of unique events online and in person, curated travel to experience Jewish gems, and programmes for up-and-coming journalists and Jewish creatives.

JR is a charity, and we very much rely on and appreciate the generosity and support of our donors, large and small. Among these, Dangoor Education stands out as an ever committed and long-term supporter to whom we are very grateful. Sadly, the fundraising environment for most Jewish diaspora charities remains hard post October 7th. We are grateful for the generosity of one of our longterm supporters who helped us during this difficult period. We are continuing to work to rebuild and expand our list of supporters to finance the exciting plans we have for our forthcoming 25[th] anniversary and beyond.

We recorded a small loss for the year, which was less than 2.8% of our income. Steps have been taken to manage expenses, as well increasing our earned income. We are seeking to add to our reserves in future years, as the scale and scope of the work we do expands. We continue to work to increase subscriptions and welcome new members to the JR Community and are developing our programming and tours as important sources of income,

The year saw a substantial increase in our tour activity, with lots of enthusiasm within the JR Community for our overseas and our domestic trips. We deliver a curated experience that most people could not do travelling alone, which helps build the JR audience and our community. We had trips to South of France and the Channel Islands, plus post-financial year tours to Paris and Iceland. We expect this pace of activity to continue.

Youth is an important area of focus for us, with university outreach, and through the generosity of some large donors, sponsorship for under-35s to receive free access to JR’s archive plus discounts on our in-person theatre and exhibition visits.

Online events are both more popular and more important. They enable JR to talk to people outside of London, both in the UK and internationally – and to address a larger audience than our in person programme. We had almost 5,000 attendees at our online events live and/or viewed them afterwards. Some of our most popular covered Israeli art, European Country Houses and the launch of our South Africa passport issue.

Most of all, our magazine sits at the centre of what we do, and we are very proud of it – the content, the contributors, the design and the impact it has. We are publishing more online content, with our JR listings and theatre reviews capturing many views.

There were too many fantastic JR highlights to list them all, but two for me were:

Page 2 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

2025/26 is already another busy year, with JR setting the agenda for Jewish arts in the UK and uncovering new talent. Our magazine, tours and events have built a reputation over 25 years for celebrating diaspora culture and shining a light on Jewish communities in lesser-known places.

JR is very proud of the work that we’ve done over the years with the Lyons Learning Project, who have knowledgably and financially supported our programme. After a wonderful three years, they have now spent out their legacy so the project has officially ended. We are hugely grateful for all their support and are seeking a new partner to take JR’s learning programme forward.

We are grateful to be able to continue to collaborate with other Jewish cultural organisations such as the Association of Jewish Refugees, Bnei Brith UK, the Jewish Literary Foundation, UK Jewish Film Festival, the Jewish Music Institute and Insiders Outsiders, among many others.

I want to thank all the JR team, and especially our leadership: chief executive Dr Aviva Dautch leads a fantastic staff of dedicated professionals who work exceptionally hard to make the magazine, website, tours and events what they are today.

The high quality of our magazine is made possible by our fantastic editorial and design team. Editor Rebecca Taylor is supported by Danielle Goldstein, Deputy Editor; Dani Silver, Editorial Manager; and Becky Redman, our Creative Director. They work together with our talented and committed writers and illustrators.

Finance Manager, Lorraine Sheridan, and Ruth Bankover, Operations Manager, keep our finance and administration (including tours, events and subscriptions) running smoothly despite ever changing needs.

I would also like to mention the commitment and work of my fellow Trustees. Hester Abrams, David Benmayer, Lady Patti Collins and Spencer Debson continue to contribute an enormous amount of time, enthusiasm and energy to JR. My predecessor, Ian Lancaster, stood down from the board recently and the whole JR community is grateful for all the work he has done as Chair, Trustee and supporter over so many years.

I am incredibly grateful to all those named above. It is a pleasure to work with them, and I thank them for their willingness, their good humour and all their contributions.

Reserves Policy

The Trustees have adopted a reserves policy that the charity’s reserves shall cover necessary costs and commitments during an unforeseen period of difficulty. The Trustees aim to maintain or hold the level of reserves equivalent to two months of expenditure. This matches commitment of expenditure on the publication of the magazine, our principal activity. At this level the Trustees feel they will be able to continue the current activities of the charity in the event of a significant drop in funding.

Risk Assessment

Risk management is reviewed regularly by staff. The Trustees have identified the main risks to which the charity is exposed and have taken steps to mitigate them.

The Trustees report was approved by the Board of Trustees.

Page 3 of 14

RENAISSANCE PUBLISHING A company limited by guarantee

Andrew Gordon Chairman Date: 23[th] April 2025

Independent Examiner's Report to the Trustees of Renaissance Publishing Limited

I report to the charity trustees on my examination of the accounts of the company For the Year ended 31 July 2025 which are set out on pages 5 to 14.

Responsibilities and basis of report

Page 4 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your company’s accounts as carried out 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 Company’s gross income exceeded £250,000, your examiner must be a member of a body listed in s. 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants which is one of the listed bodies.

I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. 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

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to 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 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.

Negar Ghaffari Association of Chartered Certified Accountants WSM Advisors Limited Chartered Accountants Connect House 133-137 Alexandra Road London SW19 7JY

Date: 23[th] April 2025

Page 5 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Statement of Financial Activities including Income and Expenditure Account for the year ended 31 July 2025

Income From
Donations
Investment income
Charitable activities
Expenditure on:
Charitable activities and Governance Costs
Total Resources Expended
Net Income (Expenditure) for the year
Transfer between Funds
Reconciliation of Funds
Total Funds Brought Forward
Total Funds Carried Forward		 Note
2
3
4
5
6
12/13		 Unrestricted Restricted Total Funds Total Funds
Funds
Funds
2025
2024
£
£
£
£
191,832
0
191,832
217,600
400
0
400
864
257,636
0
257,636
219,726
449,868
0
449,868
438,190
431,913
30,635
462,548
458,086
431,913
30,635
462,548
458,086
17,955
(30,635)
(12,679)
(19,896)
0
0
0
0
8,678
44,994
53,672
73,568
26,633
14,359
40,992
53,672

Page 6 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Balance sheet at 31 July 2025

Balance sheet at 31 July 2025
Notes
Current assets
Debtors
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within 1 year
11
Net current assets
Total assets less current liabilities
13
Incoming Funds
Unrestricted Funds
12
Restricted Funds
13		 2025
2025
2024
2024
£
£
£
£
1,023
50,894
51,591
17,909
52,614
68,803
11,622
15,131
40,992
53,672
40,992
53,672
26,633
8,678
14,359
44,994
40,992
53,672
52,614
11,622

For the year ending 31 July 2025, the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees’ responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts 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 on 23[rd] April 2025 and signed on their behalf by:

Andrew Gordon Chairman

Company registration number: 04245529

Page 7 of 14

RENAISSANCE PUBLISHING A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

1. Accounting policies

Charity information

Renaissance Publishing is a private company limited by guarantee incorporated in England and Wales. The registered office is 12E Shenley Road, Borehamwood, England, WD6 1AE. The company is also a registered charity with registration number 04245529.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006 and "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)". The charitable company is a Public Benefit Entity as defined by FRS 102.

The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The accounts have been prepared under the historical cost convention. The principle accounting policies adopted are set out below:

1.2 Going concern

At the time of approving the accounts, the Board of Trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the Board of Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Tangible fixed assets

A review of tangible fixed assets, initially capitalised at cost has been made and it has been found that they have all been disposed of or replaced over the years by items that have been treated as revenue expenditure and they were disposed of from the accounts.

1.4 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Page 8 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.6 Fund Accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.7 Incoming resources

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measure reliably and it is probable that the income will be received.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions can be met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Income from grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met, then these amounts are deferred. Investment income (bank interest) is earned through holding deposit accounts. Interest income is recognised when the charity's right to receive the interest is established.

1.8 Resources expended

All expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings:

(i) Raising funds - fund raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

(ii) Charitable activities – all expenditure relating to the objectives of the charity

(iii) Governance costs- include independent examiners fees and legal advice for Trustees and any other costs associated with constitutional and statutory requirements.

1.9 Support Costs

The amounts disclosed under each of the above categories comprise those costs which are directly attributable to that category together with an apportionment of support costs. Support costs are those costs that are not directly attributable to a single activity but provide the necessary organisational support for all the charity's activities and are allocated to activities on a basis consistent with use of the resource. The support costs have been allocated to each of the charity's activities according to its purpose.

1.10 Pension policy

Employee pension contribution scheme payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Page 9 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

2 Donations

2 Donations
Donations
Donations and Sponsorship
Gifts
Gift Aid income tax repayments
Grants Receivable		 Unrestricted Restricted
Total Funds Total Funds
Funds
Funds
2025
2024
£
£
£
£
188,658
0
188,658
163,462
3,174
0
3,174
7,667
0
0
0
46,471
191,832
0
191,832
217,600
3 Investment Income
Bank interest receivable
4 Income from charitable activities
Advertising Income
Magazine subscriptions, sales and App
Events
Tour Income		 Unrestricted Unrestricted
Funds
Funds
2025
2024
£
£
400
864
Unrestricted Restricted
Total Funds
Total Funds
Funds
Funds
2025
2024
£
£
£
£
6,998
0
6,998
7,131
64,469
0
64,469
72,528
27,140
0
27,140
10,511
159,029
0
159,029
129,556		 Unrestricted Unrestricted
Funds
Funds
2025
2024
£
£
400
864
257,636
0
257,636
219,726

Page 10 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

5 Expenditure on charitable activities.

5 Expenditure on charitable activities.
Costs directly allocated to activities
Magazine Printing costs
Editorial
Illustrations
Contributor costs
Website
Application
Tours
Events and Programmes
Magazine design
Magazine and other costs
Support costs allocated to activities
Staff costs
Rent
Telephone & IT
Subscription services
Sundries
Support Costs
Independent Examiners Fee		 Unrestricted Restricted
Total
Total
Funds
Funds
Funds
Funds
2025
2024
£
£
£
£
13,418
0
13,418
14,482
100,052
0 100,052
91,230
9,373
0
9,373
5,011
19,580
0
19,580
23,257
14,948
0
14,948
33,909
1,559
0
1,559
1,202
106,641
0 106,641 113,833
16,025
30,635
46,660
20,324
12,078
0
12,078
12,179
293,674
30,635 324,309 315,427
109,476
0 109,476 110,403
2,200
0
2,200
2,400
7,135
0
7,135
6,796
14,182
0
14,182
13,725
1,986
0
1,986
7,235
134,979
0 134,979 140,559
3,260
0
3,260
2,100
431,913
30,635 462,548 458,086

Page 11 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

6 Total Expenditure

Magazine Printing costs
Editorial
Illustrations
Contributors
Website
App
Magazine design
Tours
Events
Governance costs
Support costs		 Principal
Other costs
Total
Total
Activities
2025
2024
£
£
£
£
13,418
0
13,418
14,482
100,052
0
100,052
91,230
9,373
0
9,373
5,011
19,580
0
19,580
23,257
14,948
0
14,948
33,909
1,559
0
1,559
1,202
12,078
0
12,078
12,179
106,641
0
106,641
113,833
46,660
0
46,660
20,324
0
3,260
3,260
2,100
134,980
0
134,980
140,559
459,289
3,260
462,549
458,086

Governance costs includes payment to the independent examiner of 2025: £2,220 (2024: £2,100)

7 Trustees remuneration and reimbursed expenses

No trustee was remunerated or reimbursed for their expenses during the year, (2024 nil).

8 Staff Costs
Salaries
Social Security
Pensions		 2025
2024
£
£
198,146 206,588
13,073
19,723
4,032
4,160
215,251 230,471

The average number of full-time equivalent employees (including casual and part-time staff) during the year was made up as follows:

Administration
Editorial
Managerial		 2025
2024
2
2
2
2
1
1
5
5

The average number of staff on a head count basis in the year was 7 (2024: 7) One employee received emoluments within the range of £60,001 and £70,000. (2024 One employee received emoluments within the range of £60,001 and £70,000)

9 Taxation

The charitable company is exempt from corporation tax on it's charitable activities.

Page 12 of 14

RENAISSANCE PUBLISHING

A company limited by guarantee

Notes to the accounts For the Year ended 31 July 2025

10 Debtors
Trade debtors
Other debtors
11 Creditors: amounts falling due within one year
Trade creditors
Accruals
Deferred income
Other taxation and social security		 2025
2024
£
£
917
5,799
106
45,094
1,023
50,893
2025
2024
£
£
4,237
3,889
2,890
1,890
1,179
1,884
3,316
7,468
11,622
15,131

Deferred income includes £1,430 relating to year ended 31 July 2025 and £536 to year ended 31 July 2026.

12 Unrestricted funds
General fund:
At 1st August 2024
Income
Expenditure
At 31 July 2025		 2025
2024
£
£
8,678
73,568
449,868
393,196
(431,913)
(458,086)
26,633
8,678

The general fund represents the free funds of the charity which are not designated for particular purposes.

13 Restricted funds
Restricted fund:
At 1st August 2024
Income
Expenditure
At 31 July 2025		 2025
2024
£
£
44,994
0
0
44,994
(30,635)
0
14,359
44,994

The restricted fund consists of a grant designated exclusively for the Artist Development Scheme.

14 Analysis of net assets between funds

Current assets
Creditors: amounts falling due within one year
Total Funds		 Unrestricted
Restricted
Total
funds
funds
2025
£
£
£
38,255
14,359
52,614
(11,622)
0
(11,622)
26,633
14,359
40,992

15 Share capital and controlling parties

The company is limited by guarantee and has no share capital. The liability of its members is limited to £1 per member.

16 Related party transactions

Page 13 of 14

RENAISSANCE PUBLISHING A company limited by guarantee

There were no related party transactions during the year.

Page 14 of 14