REGISTERED CHARITY NUMBER: 1169513
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FOR ACHIM CHARITY
Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
ACHIM CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 7 |
ACHIM CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity’s objects are to provide public benefit through the advancement of Orthodox Jewish education and religious practice, the relief of poverty, and such other purposes as are recognised as charitable under the law of England and Wales.
Significant activities
The main way in which the charity pursues its charitable objectives is through the provision of grants to charitable institutions. During the year £110,130 (2024: £84,410) was donated to charitable institutions that further the objectives of the charity.
Public benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grantmaking policy.
FINANCIAL REVIEW
Reserves policy
The charity aims to maintain reserves in order that it is in a position to continue its grant making activities at a consistent level and to cover contingencies of additional calls being made upon the charity for support of charitable institutions in times of need.
The charity received a total of £130,000 (2024: £61,400) in donations and distributed a total of £110,130 (2024: £84,410) in the form of grants to institutions.
At the balance sheet date, the charity had total unrestricted funds of £149,606 (2024: £130,336) which the trustees consider to be satisfactory.
Going concern
The trustees have assessed the charity’s financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
FUTURE PLANS
The trustees plan to continue to pursue the charitable objectives of the charity and to ensure that the ability to generate sufficient income is maintained to achieve that end.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1169513
Principal address
17 Sneath Avenue London NW11 9AJ
Trustees
Mrs L Chontow Mr S J Chontow Mrs R Broder
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ACHIM CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 JUNE 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Aryeh Melinek, FCA Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
Approved by order of the board of trustees on 27 April 2026 and signed on its behalf by:
Mr S J Chontow - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACHIM CHARITY
Independent examiner's report to the trustees of Achim Charity
I report to the charity trustees on my examination of the accounts of Achim Charity (the Trust) for the year ended 30 June 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Aryeh Melinek, FCA
Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH
27 April 2026
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ACHIM CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| 2025 Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 130,000 EXPENDITURE ON Charitable activities Grants to charitable institutions 110,130 Other charitable activities 600 Total 110,730 NET INCOME/(EXPENDITURE) 19,270 RECONCILIATION OF FUNDS Total funds brought forward 130,336 TOTAL FUNDS CARRIED FORWARD 149,606 |
2024 Total funds £ 61,400 84,410 600 85,010 (23,610) 153,946 130,336 |
|---|---|
The notes form part of these financial statements
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ACHIM CHARITY
BALANCE SHEET 30 JUNE 2025
| 2025 Unrestricted fund Notes £ CURRENT ASSETS Cash at bank 150,206 CREDITORS Amounts falling due within one year 4 (600) NET CURRENT ASSETS 149,606 TOTAL ASSETS LESS CURRENT LIABILITIES 149,606 NET ASSETS 149,606 FUNDS Unrestricted funds 149,606 TOTAL FUNDS 149,606 |
2024 Total funds £ 130,936 (600) 130,336 130,336 130,336 130,336 130,336 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 27 April 2026 and were signed on its behalf by:
Mr S J Chontow - Trustee
The notes form part of these financial statements
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ACHIM CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. GRANTS PAYABLE
| Grants to charitable institutions | 2025 £ 110,130 |
2024 £ 84,410 |
|---|---|---|
A summary of grants made to institutions during the year is as follows:
| Name of institution | Amount (£) |
|---|---|
| North West London Jewish day school | 12,500 |
| Lending Hope Limited | 10,000 |
| Tiferes High School Ltd | 6,950 |
| Chavrei Shas | 5,500 |
| Other | 75,180 |
| Total | 110,130 |
continued...
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ACHIM CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024 £ £ Other creditors 600 600
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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