COMPANY NO: 10117583
CHARITY NO. 1168968
SADIE SMULOVITCH CHILDRENS TRUST LIMITED
(A company limited by guarantee)
Annual report and financial statements
for the period ended 30 June 2025
ROSENTHAL & CO.
Chartered Accountants
74 Whitehall Road
Gateshead
Tyne & Wear NE8 4ET

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Contents
Reference and Administrative Details
Trustees, Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8-13

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Reference and Administrative Details
Trustees
E.Pearlman
M.Dunner
J.Dunner
Registered Office
Derwent House
Lakeside Court
Fifth Avenue Business Park
Team Valley Trading Estate
Gateshead
NE11 ONL
Company Registration Number
10117583
Charity Registration Number
1168968
Independent Examiner
Rosenthal & Co.
74 Whitehall Road
Gateshead
NE8 4ET

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Trustees, Report
Period ended 30 June 2025
The trustees present their report and the unaudited financial statements of the charity for the
period ended 30 June 2025.
Structure, governance and management
Sadie Smulovitch Childrens Trust Limited is a company limited by guarantee, number 10117583,
and is a registered charity, number 1168968.
The charity is run by the trustees who all act in an honorary capacity. A new trustee would receive
copies of the previous years, Annual Report and Accounts and a copy of the Charity Commission
leaflet 'The Essential Trustee:What you need to know,.
Risk Management
The trustees have identified and reviewed the major risks to which the charity is exposed. Both
manual and automated checks are regularly invoked, particularly those relating to the operations
and finance of the charity. The trustees are satisfied that these systems and procedures mitigate
any perceived risks.
Objectives and activities
The advancement of the orthodox Jewish faith, the relief of poverty and the prevention and relief of
sickness in such ways as the trustees from time to time see fit in particular but not limited to
providing grants, clothing, shoes or other items to individuals in need or to charitable organisations
for such charitable purposes.
Public benefit policy
We have referred to the guidance contained in the Charity Commission's general guidance on
public benefit when reviewing our aims and objectives and in planning our future activities.
Grant making policy
Grants are made to charitable institutions and organisations which accord with the objects of the
charity.
Achievements and performance
During the year, the charity received donations of £76457. The charity donated £77800 to various
institutions as set out at note 10 of the financial statements.
Financial review
As at 30 June 2025 the charity's reserves were £91527 . These accounts have been prepared on
a going concern basis due to the ongoing support of the major donors.

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Trustees, Report (continued)
Reserves policy
The Unrestricted Fund represents the unrestricted funds arising from past operating results.
It is the policy of the charity to send grants to beneficiaries regularly, as and when donations are
received, and therefore the charity would normally not hold any substantial reserves.
The trustees, annual report was approved on
the board of trustees by:
and signed on behalf of
M.DUNNER
Trustee

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Statement of Trustees, Responsibilities
The trustees (who are also the directors of Sadie Smulovitch Childrens Trust Limited for the
purposes of company law) are responsible for preparing the trustees, report and the financial
statements in accordance with the United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of its incoming
resources and application of resources, including its income and expenditure, for that period. In
preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the charitable company's transactions and disclose with reasonable accuracy at any
time the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Approved by the trustees of the charity on
.and signed on its behalf by:
M.DUNNER
Trustee

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Independent examiner's report to the trustees of
SADIE SMULOVITCH CHILDRENS TRUST LIMITED
I report on the accounts of the charity for the period ended 30 June 2025, which are set out on pages 6 to 13.
Respective responsibilities of trustees and examiner
The trustees (who are also directors of the company for the purposes of company law) are responsible for
the preparation of the accounts. The trustees consider that an audit is not required for this period under
section 144{2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
to Tollow the procedures laid down in the general Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My exarnination was carried out in accordance with the general Directions 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 consideration of any unusual
items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently no opinion Is given as to whether the accounts present a 'true and fair view, and the report is
limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records which accord with section 386 of the Companies Act. and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principles of the
Statement of Recommended Practice: Accounting and Reporting by charities.
have not been met., or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
MEIR ROSENTHAL FCA
ROSENTHAL & CO.
Chartered Accountants
74 Whitehall Road
Gateshead
Tyne & Wear NE8 4ET
2 January 2026

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Statement of financial activities
(including income and expenditure account)
For the period ended 30 June 2025
2025
2024
Unrestricted
Funds
Total
Funds
Total
Funds
Note
Income and Endowments from
Donations and legacies
76457
76457
59290
Total Income
76457
76457
59290
Expenditure on:
Investment management costs
Charitable activities
Sundry
1274
77800
34
1274
77800
34
1675
188234
26
Total Expenditure
79108
79108
188935
Net Expenditure
(2651)
(2651) (130645)
Other recognised Gains and Losses
Revaluation of investments
65372)
Net movement in funds
68023
69023
130645
Total funds brought forward
159550
159550
290195
Total funds carried forward
91527
91527
159550
The statement of financial activities includes all gains and losses recognised in the period.
All income and expenditure derive from continuing activities.

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
(Registration number 10117583)
Balance sheet as at 30 June 2025
2025
2024
Notes
Fixed Assets
Investments
13
280000
345372
Current assets
Cash at bank and in hand
12607
15258
12607
15258
Creditors: Amounts falling
due within one year
14
201080
201080
Net current (liabilities)/assets
188473
185822
Net Assets
91527
159550
Funds of the charity
Unrestricted income funds
Revaluation reserve
Other Unrestricted funds
(65372)
156899
159550
Total Funds
15
91527
159550
For the financial period ended 30 June 2025 the charity was entitled to exemption under section
477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities
The members have not required the charity to obtain an audit of its accounts for the
year in question in accordance with section 476. and
The directors acknowledge their responsibilities for complying with the requirements of
the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordarice with the provisions applicable to
companies subject to the small companies regime.
The financial statements on page 6 to page 13 were approved by the board of trustees and
authorised for issue on
and are signed on behalf of the board by:
M.DUNNER
Trustee

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Notes to the financial statements for the period ended 30 June 2025
1. Charity Status
The charity is a charity limited by guarantee registered in England and Wales and a
registered charity in England and Wales and consequently does not have share capital.
Each of the trustees is liable to contribute an amount not exceeding £10 towards the asset
of the charity in the event of liquidation.
2. Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements
are set out below. These policies have been consistently applied to all the years
presented, unless otherwise stated.
Statement cf compliance
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP
(FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basis of preparation
Sadie Smulovitch Childrens Trust Limited meets the definition of a public benefit entity
under FRS 102. Assets and liabilities are initially recognised at historical cost or
transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements have been prepared on a historical cost basis as modified by the
revaluation of ￿rtain financial assets and liabilities and investment properties, measured at
fair value through income or expenditure.
The financial statements are prepared in sterling which is the functional currency of the
entity.
Incoming resources
All incoming reSoUr￿S are included in the statement of financial activities when entitlement
has passed to the charity" it is probable that the economic benefits associated with the
transaction will flow to the charity and the amount can be reliably measured. The following
specific policies are applied to particular categories of income:
Income from donations or grants is recognised when there is evidence of
entitlement to the gift, receipt is probable and its amount can be measured reliably.
Legacy income is recognised when receipt is probable and entitlement is
established
Income from donated goods is measured at the fair value of the goods unless this
is impractical to measure reliably, in which case the value is derived from the cost
to the donor or the estimated resale value. Donated facilities and services are
recognised in the accounts when received if the value can be reliably measured.

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Notes to the financial statements for the period ended 30 June 2025 (continued)
No amounts are included for the contribution of general volunteers.
Income from contracts for the supply of services is recognised with the delivery of
the contracted service. This is classified as unrestricted funds unless there is a
contractual requirement for it to be spent on a particular purpose and returned if
unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure
includes any VAT which cannot be fully recovered, and is classified under headings of the
statement of financial activities to which it relates:
Expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
Expenditure on charitable activities includes all costs incurred by a charity in
undertaking activities that further its charitable aims for the benefit of its
beneficiaries, including those support costs and costs relating to the governance of
the charity apportioned to charitable activities.
Other expenditure includes all expenditure that is neither related to raising funds for
the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct
costs attributable to a single activity are allocated directly to that activity. Shared costs are
apportioned between the activities they contribute to on a reasonable, justifiable and
consistent basis.
Investment property
Fixed asset investment
Fixed asset investments, including investment property, are included at market value,
where appropriate, at the balance sheet date. Any gain or loss on revaluation is taken to
the SOFA.
This represents a departure from the general requirement of the Companies Act for all
tangible assets to be depreciated. In the opinion of the trustees compliance with the
standard is necessary for the financial statements to give a true and fair view.
Impainnent of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the
recoverable amount being estimated where such indicators exist. Where the carrying
value exceeds the recoverable amount, the asset is impaired accordingly. Prior
impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that are
largely independent of the caiih inflows from other assets or groups of assets.

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Notes to the financial statements for the period ended 30 June 2025 (continued)
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party
to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable
including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instrum.ents are subsequently measured at amortised cost.
Where investment in shares are publicly traded or their fair value can otherwise be
measured reliably, the investment is subsequently measured at fair value with changes in
fair value recognised in income and expenditure. All other such investments are
subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value,
unless payment for an asset is deferred beyond normal business terms or financed at a
rate of interest that is not a market rate, in which case the asset is measured at the present
value of the future payments discounted at a market rate of interest for a similar debt
instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments
in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective
evidence of impairment at the end of each reporting date. If there is objective evidence of
impairment, an impairment loss is recognised under the appropriate heading in the
statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial
assets are either assessed individually or grouped on the basis of similar credit risk
characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal
does not result in a carrying amount of the financial asset that exceeds what the carrying
amount would have been had the impairment not previously been recognised.
-10-

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Notes to the financial statements for the period ended 30 June 2025 (continued)
3. Limited by guarantee
Sadie Smulovitch Charitable Trust is a registered charity and a company limited by
guarantee and does not have a share capital. In the event of the charity being wound up,
members are required to contribute an amount not exceeding £10.
4. Donations and legacies
Unrestricted Total funds Unrestricted Total funds
Funds
2025
Funds
2024
Donations
76457
76457
59290
59290
5. Investment management costs
Unrestricted Total funds Unrestricted Total funds
Funds
2025
Funds
2024
Investment management costs
1275
1275
1275
1275
1675
1675
1675
1675
6. Expenditure on charitable activities by fund type
Unrestricted Total funds Unrestricted Total funds
Funds
2025
Funds
2024
Charitable grants
Support costs
Sundry
77800
1275
34
79109
77800
1275
34
79109
188234
1675
188234
1675
189935
189935
7. Expenditure on charitable activities by activity type
Grant funding Support Sundry Total funds Total funds
Of activities
Costs
2025
2024
Charitable grants
Governance costs
Sundry
77800
77800
1275
34
79109
188234
1080
26
189340
1275
34
34
77800
1275
-11-

SADIE SMULOVITCH CHILDRENS TRUST LIMITED
Notes to the financial statements for the period ended 30 June 2025 (continued)
8. Analysis of support costs
Analysis of
Support costs
Total 2025 Total 2024
General Office
Governance Costs
194
1080
1274
194
1080
1274
595
1080
1675
9. Analysis of grants
2025
2024
Grants to institutions
Grants to institutions
Grants to individuals
Grants to individuals
77800
188234
Totsl grants
77800
188234
10. Independent examination fee
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statements
1080
1080
11. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related
entity were received by the trustees.
12. Investments
Investment
Properties
Cost or valuation
At 1 July 2024
Fair Value Movements
345372
(65372)
At 30 June 2025
280000
-12-
SADIE SMULOVITCH CHILDRENS TRUST LIMITED

Notes to the financial statements for the period ended 30 June 2025 (continued)
13. Creditors: amounts falling due within one year
2025
2024
Accruals and deferred income
Other creditors
1080
200000
1080
200000
201080
201080
14. Analysis of charitable funds
Unrestricted funds
At 1 July 2024 Income Expenditure Revaluation At 30 June 2025
of investments
General Funds
159550
76457
79108
65372
91527
15. Analysis of net assets between funds
Unrestricted Total funds
Funds
2025
Investments
Current assets
Creditors less than 1 year
280000
12607
201080
91527
280000
12607
201080
91527
16. Taxation
Sadie Smulovitch Childrens Trust is a registered charity and therefore is not liable to income
tax or corporation tax on income derived from its charitable activities, as it falls within the
various exemptions available to registered charities.
-13-