REGISTERED CHARITY NUMBER: 1170523
LEHACHYOS
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
LEHACHYOS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | ||
|---|---|---|
| Reference and Administrative Details | 1 | |
| Report of the Trustees | 2 to | 3 |
| Independent Examiner's Report | 4 | |
| Statement of Financial Activities | 5 | |
| Balance Sheet | 6 | |
| Notes to the Financial Statements | 7 to | 10 |
LEHACHYOS
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
TRUSTEES M Freund P Herzka M Greenfeld PRINCIPAL ADDRESS Flat 2 Stroh Court 9 Amhurst Park London N16 5DH REGISTERED CHARITY 1170523 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS Barclays Bank UK PLC Walthamstow 3 Leicestershire Leicester LE87 2BB
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LEHACHYOS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 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).
REFERENCE AND ADMINISTRATIVE INFORMATION
The information is shown on page 1 of the financial statements and forms part of this report.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are:
(i) the prevention or relief of poverty, in particular but not exclusively in Israel by providing grants, items and services to individuals in need or organisations working to prevent or relieve poverty;
(ii) to promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the law of England and Wales.
The charity carries out its objects by publishing religious booklets and by grantmaking.
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The charity's income has decreased by 11% compared with the previous year, and the charitable costs has decreased by 23%. This has left the charity with a surplus of £40,178 for the year (2023 - £3,483 deficit).
FINANCIAL REVIEW
Reserves policy
The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity; reserves at the year end were in surplus of £10,315 (2024 - £29,863 deficit).
FUTURE PLANS
The charity plans to continue its activities subject to satisfactory income.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted and governed by Deed of Trust dated 17 June 2016 as amended on 7 February 2017.
Recruitment and appointment of new trustees
The power to appoint new trustees is vested in the board. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity and its working. They are also encouraged to read the Charity Commission's various publications on trustees.
Risk management
The trustees have reviewed the major risks that the charity is exposed and confirm that they have established systems to mitigate them.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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LEHACHYOS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those 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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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 responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They 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.
Approved by order of the board of trustees on 22 January 2026 and signed on its behalf by:
P Herzka - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEHACHYOS
Independent examiner's report to the trustees of Lehachyos
I report to the charity trustees on my examination of the accounts of Lehachyos (the Trust) for the year ended 31 March 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
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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.
E Meyer FCA BSc
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
22 January 2026
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LEHACHYOS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 311,530 | 351,074 | |
| EXPENDITURE ON | |||
| Raising funds | 965 | 2,898 | |
| Charitable activities | 2 | ||
| Religious publications | 49,872 | 43,696 | |
| Grantmaking | 216,730 | 301,787 | |
| Support | 3,785 | 6,176 | |
| Total | 271,352 | 354,557 | |
| NET INCOME/(EXPENDITURE) | 40,178 | (3,483) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | (29,863) | (26,380) | |
| TOTAL FUNDS CARRIED FORWARD | 10,315 | (29,863) |
The notes form part of these financial statements
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LEHACHYOS
BALANCE SHEET 31 MARCH 2025
| Notes CURRENT ASSETS Debtors 6 Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 8 NET ASSETS/(LIABILITIES) FUNDS Unrestricted funds TOTAL FUNDS |
2025 Total funds £ 39,100 4,420 43,520 (7,160) 36,360 36,360 (26,045) 10,315 10,315 10,315 |
2024 Total funds £ 1,900 6,627 8,527 (6,980) 1,547 1,547 (31,410) (29,863) (29,863) (29,863) |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 22 January 2026 and were signed on its behalf by:
P Herzka - Trustee
The notes form part of these financial statements
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LEHACHYOS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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.
Income
Donations are included in full in the Statement of Financial Activities when received.
Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
Grants are only recognised in the accounts when paid.
Support costs are those incurred to assist the work of the charity but are not direct charitable activities
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Taxation
The charity is exempt from tax on its charitable activities.
Going concern
The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern notwithstanding the deficiency in net assets at the balance sheet date. The trustees consider this to be appropriate since the bank is not expected to call in its loan in the near future.
2. CHARITABLE ACTIVITIES COSTS
| Religious publications Grantmaking Support |
Direct Costs £ 49,872 - - 49,872 |
Grant funding of activities (see note 3) £ - 216,730 - 216,730 |
Support costs (see note 4) £ - - 3,785 3,785 |
Totals £ 49,872 216,730 3,785 |
|---|---|---|---|---|
| 270,387 |
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LEHACHYOS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
3. GRANTS PAYABLE
| Grantmaking The total grants paid to institutions during the year was as follows: Advancement of education Relief of poverty Advancement of religion Social welfare General purpose Mosdos Torah Veyra Shaarei Chesed London Positive Youth Others under £3,000 The total grants paid to individuals during the year was as follows: Relief of poverty Social welfare 4. SUPPORT COSTS Finance £ Support 866 |
||
|---|---|---|
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LEHACHYOS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
4. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
Finance
| Finance | ||
|---|---|---|
| 2025 | 2024 | |
| Total | ||
| Support | activities | |
| £ | £ | |
| Bank charges | 21 | 150 |
| Bank interest | 845 | 976 |
| 866 | 1,126 | |
| Governance costs | ||
| 2025 | 2024 | |
| Total | ||
| Support | activities | |
| £ | £ | |
| Independent examiner's fee | 1,080 | 990 |
| Independent examiner's other fees | 1,080 | 990 |
| General expenses | 759 | 3,070 |
| 2,919 | 5,050 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other debtors | 39,100 | 1,900 |
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LEHACHYOS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 9) Other creditors 8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 9) 9. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank loans Amounts falling due between two and five years: Bank loans - 2-5 years 10. RELATED PARTY DISCLOSURES |
2025 £ 5,000 2,160 7,160 2025 £ 26,045 2025 £ 5,000 26,045 |
2024 £ 5,000 1,980 6,980 2024 £ 31,410 |
2024 £ 5,000 1,980 |
|---|---|---|---|
| 6,980 | |||
| 2024 £ 5,000 |
|||
| 31,410 | |||
The charity received unrestricted donations totalling £1,009 from one of the Trustees.
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