# **Keren Ezra Mimtzika Report and Financial Statements For Year Ending 31 December 2024** **Charity Number 1160871 (England & Wales)** **Keren Ezra Mimtzika** ||**Contents**|| |---|---|---| |||Page| |Legal and Administrative Information||3| |Report of the Trustees||4| |Statement of Financial Activities||5| |Balance Sheet||6| |Notes forming part of the Balance Sheet||7| |Independent Examiner’s Report||8| 2 **Keren Ezra Mimtzika** ## **Trustees** Mr Pinchus Weinberg Mr Naftolie Padwa Mr Yoel March ## **Administration Address** 11 Linthorpe Road Stamford Hill London N16 5RE ## **Bankers** Barclays Kingsland Branch London E8 2JT 3 **Keren Ezra Mimtzika** ## **Report of the Trustees** The trustees present their annual report and Financial Statements of the Charity for the Year Ended 31 December 2024 The trustees in office during the year were Mr Pinchus Weinberg, Mr Naftoli Padwa and Mr Yoel March. No trustee nor any person connected with them received any remuneration during the year. ## **Status and Administration** The Charity constituted by Trust Deed dated 12 March 2015 and was registered on 12 March 2015. ## **Charitable Objects** The Charity was set up for the advancement of the Orthodox Jewish Faith, the advancement trustees of the Orthodox Jewish religious education and the relief of poverty, sickness and infirmity amongst members of the Jewish Faith and other charitable purposes as the as the trustees may from time to time see fit according to the laws of England and Wales. ## **Reserves Policy** The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make more substantial grants which they feel to be appropriate. ## **Responsibilities of the Trustees** Charity Law requires the trustees to prepare Financial Statements for each financial year financial which give a true and fair view on the state of affairs of the Charity as at the Balance Sheet date, and of its incoming resources, including income and expenditure for the financial year. In preparing those Financial Statements the trustees should follow best practice and; - a. Select suitable accounting policies and apply them consistently - b. Make judgements and estimates that are reasonable and prudent - c. Follow applicable accounting standards and the Charities SORP 2015 disclosing and explaining any departures in the Financial Statements - d. Prepare the Financial Statements on the going concern basis unless it is - inappropriate to assume that the charity will continue in operation The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, and to enable them as trustees to ensure that the Financial Statements comply with Charity Law. The trustees are also responsible for safeguarding the charity’s assets and hence for taking reasonable steps for the detection of fraud and other irregularities. 4 **Keren Ezra Mimtzika** ## **Board of Trustees** The members of the board are set out in page 3. ## **Political and Charitable Donations** During the year the Charity made donations of £547276 (2023 £636272) Approved by the Trustees of Keren Ezra Mimtzika on 27 October 2025 ________________ Trustee ## **Mr Pinchus Weinberg** 4 **Keren Ezra Mimtzika** ## **Statement of Financial Activities for the year ended 31 December 2024** ## **UNRESTRICTED** |Income
Donations Recieved
Expense
Donations Given
Advertising
Sundry Office Expense
Telephone
Bank Charges
Consultancy Fees
Loan Interest
Total Expense
Net Income /Expenditure for the year
Total Funds brought forward
Total Funds carried forward|2024
2023
Total Funds
Total Funds
£
£
547,848
652,688
547276
636272
609
332
1530
1649
226
396
3430
3161
900
-
525
1,100
554,496
642,910
(6,648)
9,778
(16,848)
(26,626)
(23,496)
(16,848)|2024
2023
Total Funds
Total Funds
£
£
547,848
652,688
547276
636272
609
332
1530
1649
226
396
3430
3161
900
-
525
1,100
554,496
642,910
(6,648)
9,778
(16,848)
(26,626)
(23,496)
(16,848)| |---|---|---| |||636272
332
1649
396
3161
-
1,100
642,910| |||9,778
(26,626)
(16,848)| 5 **Keren Ezra Mimtzika** ## **Balance Sheet as at 31 December 2024** |Assets
Current Assets
Cash at Bank
Total Current Assets
Creditors
Ammount Due After one Year:
Bank Loan
Total Nett Assets
Charity Funds|2024
£
4264
4,264
-
(27,760)
(23,496)
(23,496)|2023
£
26,092
26,092
(10,000)| |---|---|---| |||(32,940)| |||(16,848)
(16,848)| 6 **Keren Ezra Mimtzika** ## **Note to the Accounts** ## **Principle accounting policies** ## Basis of Accounting The accounts have been prepared under the historical cost convention in accordance with the Charities Act (Accounts and Reports) 2011, and the Financial Reporting Standard for Smaller Entities 102, and follow the recommendations in Accounting and Reporting by by Charities: statement of Recommended Practice (effective from April 2015). ## Cash Flow The accounts do not include a cash flow statement because the charity as a small reporting entity is exempt from the requirement to prepare such a statement. ## Donation and Fund Accounting Donations received for the general and main purposes of the charity are included as unrestricted funds in the statement of Financial Activities when receivable. ## Expenditure Expenditure is accounted for on an accrual basis. Certain expenditure is apportioned to cost categories based on estimated amount attributable to that activity in the year. The irrecoverable element of VAT is included with the item of expense to which it relates. 7 **Keren Ezra Mimtzika** ## **Independent Examiner’s Report on the unaudited Accounts of the Charity For the Year Ended 31 December 2024** We report on the Financial Statements of Keren Ezra Mimtzika for the Year Ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. These statements have been prepared, under the historical cost convention, and in accordance with the recommendation in Accounting and Reporting by Charities: Statement of recommended Practice (issued 2015), and the financial Reporting Standard for Smaller Entities 102 (effective 2016), and the accounting policies set out therein. ## **Respective Responsibilities** As described on page 4, the trustees of the charity are responsible for the preparation the accounts, and they consider that the audit requirement section 144 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state, on the basis of basis of procedures specified in the General Directions given by the Charity Commissioners under section 249 of the Act, whether particular matter have come to our attention. ## **Basis of Accountant’s Report** Our examination was carried out in accordance with the General Direction given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items of disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. These procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view by the accounts. ## **Opinion** In our opinion, no matter has come to our attention, 1. which gives us reasonable cause to believe that, in any material respect, the requirements a) to keep accounting records in accordance with section 130 of the Act; and b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or: 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Reporting Accountant** 27 October 2025 Sara Herstik Flat 8 Ockleigh House 130 Bethune Road London N16 5DT 8