Charity Registration No. 1159336
Company Registration No. 08978316 (England and Wales)
HASHOMER HATZAIR
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
Sobell Rhodes LLP The Kinetic Centre Theobald Street Elstree Borehamwood Hertfordshire WD6 4PJ
HASHOMER HATZAIR
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Pauline Rosalyn Levis |
|---|---|
| John Laurens Strawson | |
| Deborah Helen Sacks | |
| Lawrence Ross Joffe | |
| Micha Drori | |
| Secretary | John Laurens Strawson |
| Charity number | 1159336 |
| Company number | 08978316 |
| Principal address | 33 Alexander Road |
| London | |
| United Kingdom | |
| N19 3PF | |
| Registered office | 33 Alexander Road |
| London | |
| United Kingdom | |
| N19 3PF | |
| Independent examiner | Sobell Rhodes LLP |
| The Kinetic Centre | |
| Theobald Street | |
| Elstree | |
| Borehamwood | |
| Hertfordshire | |
| WD6 4PJ | |
| Bankers | Barclays Bank Plc |
| 1 Churchill Place | |
| London | |
| E14 5HP | |
| Solicitors | Stone King LLP |
| Boundary House | |
| 91 Charter House | |
| London | |
| EC1M 6HR |
HASHOMER HATZAIR
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 - 11 |
HASHOMER HATZAIR
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2025
The trustees, who are directors for the purposes of company law,Trustees present their report and financial statements for the year ended 30 April 2025.
The trustees have remained the same during the during and are:
John Strawson, Chair of the Trustees and Company Secretary Pauline Levis, Deborah Sacks Allison Prager (Resigned 16 March 2025) Lawrence Joffe Yehuda Erdman (Resigned 16 March 2025) Micha Drori
Trustees are appointed by the Board of Trusteesunder article 5 the Articles of Association. Trustees are sought from those in community with an interest and expertise in the areas of the objectives of the charity set in paragraph 2.
Objectives and activities
Objects and aims
The objects of the Charity are:
-
the advancement of education, in particular in relation to Jewish Values, history and culture
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the promotion of religious, cultural, social and racial harmony, in particular between Jewish and other peoples,with a particular focus on Jewish young people.
These objectives are implemented through grants to organizations which carry out one or other of these objectives and to individuals so they can pursue activities which foster these objectives.
Grant making policies
There has been continuing regular support for the educational, cultural and social activities of Meretz UK (http:// www.meretz.org.uk) which has provided a series of seminars and public meetings on recently published books, cultural contribution and other forum which promote Jewish values and harmonious relations between Jews and non-Jews in Britain, Israel and Palestine. Activities have been both in person and online. The grant has remained at approximately £30,057 despite inflation.
Achievements and performance
The ability of Hashomer Hatzair to continue to operate and fund activities in Israel and the UK has in the main been due the reserves that had been acquired. This has proved to have been a wise policy although it cannot be permanent feature of our financial environment.
Financial review
The current financial year has continued to present challenges similar to the previous one, with the rental market remaining affected by high interest rates. Despite these conditions, the charity successfully secured a lease agreement with Yeladim for the entire building, ensuring rental income is secured until 2044. The plans to convert the property for both residential and commercial purposes remain on hold this year due to the challenging property market.
The charity remains committed to its ongoing support of Meretz UK through regular grants, reinforcing shared objectives and positive impact. In addition, the charity is planning to extend its support to WZO Education, further strengthening its contribution to educational and community initiatives.
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HASHOMER HATZAIR
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Policy on reserves
Our policy is to keep £50,000 in our funds. This figure has been reduced due to a review of overall financial situation.
The Trustees' report was approved by the Board of Trustees.
John Laurens Strawson
Trustee Dated: 16 January 2026
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HASHOMER HATZAIR
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HASHOMER HATZAIR
I report to the Trustees on my examination of the financial statements of Hashomer Hatzair (the Charity) for the year ended 30 April 2025.
Responsibilities and basis of report
As the Trustees of the Charity (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 financial statements of the Charity 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 financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
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 Charity as required by section 386 of the 2006 Act; or
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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 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
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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 financial statements to be reached.
Sobell Rhodes LLP
Jeremy Leboff, FCCA Sobell Rhodes LLP The Kinetic Centre Theobald Street Elstree Borehamwood Hertfordshire WD6 4PJ United Kingdom
Dated: 16 January 2026
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HASHOMER HATZAIR
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2025
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2025 | 2024 | ||
| Notes | £ | £ | |
| Income and endowments from: | |||
| Donations and legacies | 2 | 8,006 | - |
| Rental income | 36,870 | 37,567 | |
| Total income | 44,876 | 37,567 | |
| Expenditure on: | |||
| Expenditure | 58,834 | 72,061 | |
| Total expenditure | 58,834 | 72,061 | |
| Net expenditure for the year/ | |||
| Net outgoing resources | (13,958) | (34,494) | |
| Net movement in funds | (13,958) | (34,494) | |
| Fund balances at 1 May 2024 | 2,074,027 | 2,108,521 | |
| Fund balances at 30 April 2025 | 2,060,069 | 2,074,027 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
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HASHOMER HATZAIR
BALANCE SHEET
AS AT 30 APRIL 2025
| Notes Fixed assets Investment property 6 Current assets Cash at bank and in hand Creditors: amounts falling due within one year 7 Net current assets Total assets less current liabilities The funds of the Charity Unrestricted funds |
2025 £ £ 2,000,000 66,045 (5,976) 60,069 2,060,069 2,060,069 2,060,069 |
2024 £ £ 2,000,000 79,718 (5,691) 74,027 2,074,027 2,074,027 2,074,027 |
2024 £ £ 2,000,000 79,718 (5,691) 74,027 2,074,027 2,074,027 2,074,027 |
|---|---|---|---|
| 2,074,027 | |||
| 2,074,027 | |||
| 2,074,027 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 16 January 2026
John Laurens Strawson
Trustee
Company registration number 08978316 (England and Wales)
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
Charity information
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation.
The address of its registered office is: 33 Alexander Road London N19 3PF
The principal place of business is: 33 Alexander Road London N19 3PF
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) 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)" (effective 1 January 2019). 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 are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.
1.2 Going concern
The trustees have a reasonable expectation the company will continue to have adequate resources to fund its working capital for the foreseeable future. The trustees have carried out a detailed assessment of the viability of the charity following to uncertainty over current economic condition due to higher inflation.
As a result of their review, the trustees have taken appropriate measures to enable them to have a reasonable expectation that the charity will have sufficient working capital for a period of at least 12 months from the date these financial statements have been approved.
On the basis of the above, the trustees are of the opinion that there is no material uncertainty relating to going concern and therefore it is appropriate to prepare these financial statements on a going concern basis.
1.3 Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
1 Accounting policies
(Continued)
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
1.4 Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Charitable activities
Charitable expenditure comprises 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.
Grant provisions
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
1.5 Investment properties
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the trustees. The trustees use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
1.6 Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
1.7 Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
1.8 Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
2 Income from donations and legacies
| Unrestricted | Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2025 | 2024 | |||||
| £ | £ | |||||
| Grants, including capital grants; Grants from other charities | 8,006 | - | ||||
| Analysis of governance and support costs | ||||||
| Support | Governance |
2025Support costs | Governance | 2024 |
||
| costs | costs | costs | ||||
| £ | £ | £ | £ | £ | £ | |
| Insurance | 2,097 | - | 2,097 | - | - | - |
| Repair & maintenance | - | - | - | 1,200 | - | 1,200 |
| Bank charges | - | 122 | 122 | - | 330 | 330 |
| Telephone and internet | 312 | 312 | 288 | - | 288 | |
| Sundry expense | 2,454 | 2,454 | 2,279 | - | 2,279 | |
| Travel and subsistence | 1,779 | 1,779 | 127 | - | 127 | |
| Accountancy fees | 5,145 | 5,145 | 5,160 | - | 5,160 | |
| Legal and professional | 16,867 | 16,867 | 13,202 | - | 13,202 | |
| 28,654 | 122 | 28,776 | 22,256 | 330 | 22,586 |
3 Analysis of governance and support costs
4 Trustees
During the year the charity made the following transactions with trustees:
During the year the trustees were reimbursed for travel and subsistence of £1,779 (2024: £127). No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any other benefits from the charity during the year.
5 Taxation
The company is a registered charity and its activities are not subject to taxation.
6 Investment property
| Investment property | |
|---|---|
| 2025 | |
| £ | |
| Fair value | |
| At 1 May 2024 and 30 April 2025 | 2,000,000 |
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
7 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Accruals and deferred income | 5,976 | 5,691 |
8 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 General funds Previous year: At 1 General funds |
May 2024 Incoming resources Resources expended At 30 April 2025 £ £ £ £ 2,074,027 44,876 (58,834) 2,060,069 May 2023 Incoming resources Resources expended At 30 April 2024 £ £ £ £ 2,108,521 37,567 (72,061) 2,074,027 |
|---|---|
9 Related party transactions
There were no disclosable related party transactions during the year.
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2025
Detailed Statement of Financial activities
| Detailed Statement of Financial activities | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Income and endowments from: | ||
| Rental income (analysed below) | 36,870 | 37,567 |
| Total income | 44,876 | 37,567 |
| Expenditure on: | ||
| Charitable activities (analysed below) | 58,834 | 72,061 |
| Total expenditure | 58,834 | 72,061 |
| Net outgoing resources | (13,958) | (34,494) |
| Net movement in funds | (13,958) | (34,494) |
| Fund balances at 1 May 2024 | 2,074,027 | 55,725 |
| Fund balances at 30 April 2025 | 2,060,069 | 2,074,027 |
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HASHOMER HATZAIR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| Other income | 2025 | 2024 |
| £ | £ | |
| Grants - Other agencies | 8,006 | |
| Rental income | 36,870 | 37,567 |
| 36,870 | 37,567 | |
| Unrestricted | Unrestricted | |
| Expenditures | funds | funds |
| 2025 | 2024 | |
| £ | £ | |
| Grants payable- institutions | (30,058) | (47,840) |
| Telephone and internet | (312) | (288) |
| Insurance | (2,097) | (1,635) |
| Repairs and maintenance | - | (1,200) |
| Sundry expenses | (2,454) | (2,279) |
| Bank charges | (122) | (330) |
| Travel and subsistence | (1,779) | (127) |
| Accountancy fees | (5,145) | (5,160) |
| Legal and professional fees | (16,867) | (13,202) |
| (58,834) | (72,061) |
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