Charity registration number 1156754 (England and Wales)
MAVAR
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
MAVAR
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Dieter Stein | (Appointed 2 December 2024) |
|---|---|---|
| Nicholas Gendler | ||
| Barry Taylor | (Appointed 15 September 2025) | |
| Paul Goodman | ||
| Sara Gatoff | ||
| Charity number (England and Wales) | 1156754 | |
| Registered office | PO Box 61194 | |
| London | ||
| E3 9FA | ||
| Independent examiner | Affinia | |
| 3rd Floor | ||
| Chancery House | ||
| St Nicholas Way | ||
| Sutton | ||
| Surrey | ||
| SM1 1JB |
MAVAR
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 9 |
MAVAR
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their annual report and financial statements for the year ended 31 December 2024.
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 charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".
Mavar's mission and values
Mavar assists individuals within the UK ultra-orthodox Jewish community to live a life that has the most meaning to them. We offer one-to-one mentoring and education support so that we can help our service users create pathways to personal fulfilment.
In particular, we help members of the Charedi community who, through lack of education, means and English language skills, would otherwise be unable to obtain such support, with the aim of facilitating an improvement in their personal, social and financial well-being and their feelings of self-worth.
Mavar maintains a neutral position in relation to the community. We support individuals who are happy and contributing members of the community, as well as those who do desire a change in how they are able to live their lives.
Strategic objectives
Mavar’s mission and values translate to six strategic objectives.
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Provide consistently and measurably high-quality services to our members
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Ensure no one falls through the cracks of our services
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Pursue a person-centred approach to our work at all times
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Improve the upskilling and retention of Mavar volunteers to provide high quality service
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Broaden awareness of Mavar’s services and further enhance Mavar’s reputation amongst potential members, supporters and within the wider Jewish community
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Grow our financial ability to further professionalise our organisation in order to support a growing base of service users and broaden the scope of services we can provide
Progress and achievements
Mavar celebrated its 10th anniversary in April 2024. Since its foundation, Mavar:
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has had a total of 240 enquiries from potential members for the charity’s services;
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helped 136 members (service users) with counselling, legal, welfare, employment and education support.
As at the end of 2024:
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Mavar provided its services with 27 active mentors, 4 tutors and 6 BACP or UKCP accredited counsellors; and
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we were able to draw on an additional pool of 15 expert volunteers with specific skills (legal, financial, housing, benefits etc.) to assist our mentors and members on an as-needed basis.
A key focus of Mavar’s work in 2024 was to create a more robust and scalable organisational structure so that we could grow the number of service users and serve our members in the best possible way.
To that end, we:
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appointed a Head of Education and a Head of Pastoral Support as paid positions, creating a sustainable governance structure for the activities of our volunteer mentor supervisors and volunteer mentors.
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recruited a number of highly qualified individuals as tutors for one-on-one, personalised education courses in subjects such as GCSE-level English, maths and functional skills, with the aim of helping our members to access higher education and/or professional advancement pathways. Our new tutors were selected on the basis of their prior experience working in education settings, so they require little support or set up in terms of lessons and curriculum.
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1 -
MAVAR
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
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introduced a framework of scheduled case calls, alongside our quarterly peer supervision sessions, to ensure consistent and measurably high-quality services to our members, and to ensure no one falls through the cracks. Case calls are meetings for all Mavar volunteers to discuss their respective mentees’ needs and any additional support Mavar can arrange. This ensures we have a holistic, detailed and up to date picture for each member and that our volunteers feel properly supported
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welcomed a new trustee, Dieter Stein, who was also appointed to the position of Mavar’s honorary treasurer, a position which had been vacant for some months.
To both broaden awareness of Mavar’s services and grow our member base, we maintained key relationships with trusted organisations in the Jewish community and education space.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Structure, governance and management
The charity is registered as a Charitable Incorporated Organisation (CIO) and is subject to its Governing Document.
Statement of Trustees' Responsibilities
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the charity's Governing Document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the charity's Governing Document.
The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees' report was approved by the Board of Trustees.
Nick Gendler
Nick Gendler (Nov 1, 2025 20:53:38 GMT) ~~..............................~~ Nicholas Gendler Chair of the Trustees
Date: .............................................1/11/25
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MAVAR
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MAVAR
I report to the Trustees on my examination of the financial statements of Mavar for the year ended 31 December 2024.
Responsibilities and basis of report
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
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:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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 financial statements to be reached.
Andrew Seton FCCA
Affinia
Chartered Accountants 3rd Floor Chancery House St Nicholas Way Sutton Surrey SM1 1JB 1/11/2025 Date: ............................
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MAVAR
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted Restricted funds funds 2024 2024 Notes £ £ Income from: Donations and legacies 2 58,130 17,165 Investments 3 496 - Total income 58,626 17,165 Expenditure on: Raising funds 4 2,109 - Charitable activities 5 73,153 - Total expenditure 75,262 - Net income/(expenditure) and movement in funds (16,636) 17,165 Reconciliation of funds: Fund balances at 1 January 2024 52,967 15,000 Fund balances at 31 December 2024 36,331 32,165 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 75,295 56,012 15,000 496 379 - 75,791 56,391 15,000 2,109 218 - 73,153 66,839 - 75,262 67,057 - 529 (10,666) 15,000 67,967 63,633 - 68,496 52,967 15,000 |
Total 2023 £ 71,012 379 |
|---|---|---|
| 71,391 | ||
| 218 66,839 |
||
| 67,057 | ||
| 4,334 63,633 |
||
| 67,967 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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MAVAR
BALANCE SHEET
AS AT 31 DECEMBER 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Current assets | |||||
| Cash at bank and in hand | 71,942 | 72,577 | |||
| Creditors: amounts falling due within one | 10 | ||||
| year | (3,446) | (4,610) | |||
| Net current assets | 68,496 | 67,967 | |||
| The funds of the charity | |||||
| Restricted income funds | 11 | 32,165 | 15,000 | ||
| Unrestricted funds | 12 | 36,331 | 52,967 | ||
| 68,496 | 67,967 |
01/11/2025 The financial statements were approved by the Trustees on .........................
West. .............................. Dieter Stein Treasurer
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MAVAR
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
Charity information
Mavar is a charitable incorporated organisation registered in England and Wales under charity number 1156754.
1.1 Basis of preparation
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
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MAVAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
(Continued)
These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including accounting, strategic management and trustees' meetings and reimbursed expenses.
1.6 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.
1.7 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Income from donations and legacies
| Unrestricted Restricted funds funds 2024 2024 £ £ Donations and gifts 23,130 1,080 Grants 35,000 16,085 58,130 17,165 |
Total Unrestricted Restricted funds funds 2024 2023 2023 £ £ £ 24,210 45,012 - 51,085 11,000 15,000 75,295 56,012 15,000 |
Total 2023 £ 45,012 26,000 |
|---|---|---|
| 71,012 |
3 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Interest receivable | 496 | 379 |
| Expenditure on raising funds | ||
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2024 | 2023 | |
| £ | £ | |
| Fundraising and publicity | ||
| Staging fundraising events | 2,109 | 218 |
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4 Expenditure on raising funds
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MAVAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
5 Expenditure on charitable activities
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 39,339 | 36,542 | |
| Other charitable expenditure | 29,452 | 24,429 | |
| 68,791 | 60,971 | ||
| Grant funding of activities (see note 6) | 4,362 | 5,868 | |
| 73,153 | 66,839 | ||
| Analysis by fund | |||
| Unrestricted funds | 73,153 | 66,839 | |
| 6 | Grants payable | ||
| Unrestricted | Unrestricted | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Grants to individuals | 4,362 | 5,868 |
7 Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
8 Employees
The average monthly number of employees during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| 1 | 1 | |
| Employment costs | 2024 | 2023 |
| £ | £ | |
| Wages and salaries | 39,339 | 36,542 |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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MAVAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Other taxation and social security Other creditors |
2024 £ 2,697 749 3,446 |
2023 £ - 4,610 |
| 4,610 |
11 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | January | Incoming | At |
31 | December | |
|---|---|---|---|---|---|---|---|
| 2024 | resources | 2024 | |||||
| £ | £ | £ | |||||
| 15,000 | 17,165 | 32,165 | |||||
| Previous year: | At | 1 | January | Incoming | At |
31 | December |
| 2023 | resources | 2023 | |||||
| £ | £ | £ | |||||
| - | 15,000 | 15,000 |
12 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 January | Incoming | Resources | At 31 December |
At 31 December |
|
|---|---|---|---|---|---|
| 2024 | resources | expended | 2024 | ||
| £ | £ | £ | £ | ||
| General funds | 52,967 | 58,626 | (75,262) | 36,331 | |
| Previous year: | At 1 January | Incoming | Resources | At 31 December |
|
| 2023 | resources | expended | 2023 | ||
| £ | £ | £ | £ | ||
| General funds | 63,633 | 56,391 | (67,057) | 52,967 |
13 Related party transactions
There were no disclosable related party transactions during the year (2023 - none).
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Mavar accounts 31 December 2024 v2
Final Audit Report
2025-11-01
Created: 2025-11-01 By: Dieter Stein (dieter.stein@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAASRz7N0GTWnaRB8vptz4_KYQoEZPa_sC_
"Mavar accounts 31 December 2024 v2" History
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Document digitally presigned by DocuSign\, Inc. (enterprisesupport@docusign.com) 2025-11-01 - 7:11:00 PM GMT
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Document created by Dieter Stein (dieter.stein@gmail.com)
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2025-11-01 - 8:28:28 PM GMT
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Document emailed to dieter.stein@outlook.com for signature
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Email viewed by dieter.stein@outlook.com
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Signer dieter.stein@outlook.com entered name at signing as Dieter Stein 2025-11-01 - 8:52:46 PM GMT
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Agreement completed. 2025-11-01 - 8:53:38 PM GMT