Learning From The Righteous 

FINANCIAL STATEMENTS 

For the period ended 31st March 2024 Registered Charity Number: 1171408 



## **Learning From The Righteous** 

**Contents** 

## **Page No.** 

- 3 – 5 Report of the Trustees 

- 6 Report of the Independent Examiners 

- 7 Statement of Financial Activities 

- 8 Balance Sheet 

9 - 10 Notes to the accounts 



## **Learning From The Righteous** 

**Report of the Trustees For the period ended 31 March 2024** 

Registered Office: 38 Wentworth Road, Barnet, EN5 4NT Charity Commission No: 1171408 

The constitution of the charity was adopted on 1 February 2017 and a copy of its terms can be obtained from the charity trustees. 

## **Trustees at 31[st] March 2023:** 

Mr Jeffrey Lishak (Chairman) Mr Gregory Lishak (Treasurer) Miss Jaya Pathak Miss Jessica Lishak ` Miss Catherine Millan 

Appointed: 4[th] December 2021 Appointed: 4[th] December 2021 Appointed: 4[th] December 2021 Appointed: 4[th] December 2021 Appointed: 4[th] December 2021 

The main advisors to the Charity are:- 

**Independent Examiner:** Chai How-Kee-Chun 53 Leslie Park Road Croydon CR0 6TP 

**Bankers:** Santander 136-138 High Street Barnet EN5 5XR 

## **Objective and Activities** 

The objectives and activities of the charity are: 

Learning from the Righteous inspires young people to stand up against prejudice and discrimination through learning about acts of resistance and rescue during the Holocaust. 

## **Structure, Governance and Management** 

The charity became a registered charity on 1[st] February 2017, following an EGM on 31[st] January 2017 to update the charity constitution in accordance with Charity Commission requirements. Five trustees (Mr Simon Gallant, Rabbi Jonathan Wittenberg, Mr Richard Gold, Mr Lawrence Gould and Mrs Ela Barrass) were voted in at the EGM to form an Executive Committee (“Board of Trustees”), which met four times in the period ended 31[st] March 2019. 

On 28[th] March 2017, at a GM of the charity, a further two trustees were appointed (Mr Scott Saunders and Mrs Natalie Burger). 

On 4[th] Decemrber 2021, at a GM of the charity, all members of the previous Board of Trustees resigned and were replaced by five new trustees (Mr Jeffrey Lishak, Mr Gregory Lishak, Miss Jaya Pathak, Miss Jessica Lishak and Miss Catherine Millan). 

All trustees give their time voluntarily and receive no remuneration or other benefits. 

## **Achievements and Performance** 

During the reporting period the charity has put on various workshops for children and have provided training to enable teachers to use age-appropriate, fact based materials in their schools to educate students about The Holocaust. 

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The charity also successfully held a number of educational exhibitions and fundraising events during the reporting period at which exhibitions were displayed relating to the material prepared by the charity. 

Future activities are to include further workshops and exhibition events, the creation of new digital educational materials as well as a study tour to Holocaust-related sites. 

## **Financial Review** 

The Charity holds cash at bank at all times to meet current costs and programmed expenditure. 



## **Learning From The Righteous** 

**Report of the Trustees For the period ended 31 March 2024** 

## **Trustees’ responsibilities statement** 

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. 

The Trustees approved this report at a convened meeting on 30/01/2024 and was signed on their behalf by: 


**J Lishak Chairman Dated: 30/01/2025** 

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## **INDEPENDENT EXAMINERS UNQUALIFIED REPORT** 

Independent Examiner’s report to the Members of Learning From The Righteous. 

I report on the accounts of the charity for the period ended 31 March 2024 which are set out on the accompanying pages. 

## **Respective responsibilities of trustees and examiner:** 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act, 

- to follow 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 examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of 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 disclosure in the accounts, and seek 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: 

1. Which gives me reasonable cause to believe that in any material respect the requirements 

   - to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - 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 my opinion, attention should have been drawn in order to enable a proper understanding of the accounts to be reached. 

## **Chai How-Kee-Chun** 

**53 Leslie Park Road, Croydon, CR0 6TP** 

## **Dated: 30/01/2025** 

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**Learning From The Righteous                                                                              Charity Commission Number: 1171408** 

## **Statement of Financial Activities For the period ended 31 March 2024** 

|**Recommended categories by activity**|**Unrestricted**<br>**funds**<br>**£**|**Restricted**<br>**income**<br>**funds**<br>**£**|**Endowment**<br>**funds**<br>**£**|**Total**<br>**funds**<br>**£**|**Prior**<br>**year**<br>**funds**<br>**£**|
|---|---|---|---|---|---|
|**Income and endowments from:**||||||
|Donations and legacies|9,669|-|-|9,669|8,114|
|Charitable activities|-|-|-|-||
|Other trading activities|-|-|-|-|-|
|Investments|-|-|-|-|-|
|Separate material item of income|-|-|-|-|-|
|Other|-|-|-|-|-|
|**_Total_**|**9,669**|**-**|**-**|**9,669**|8,114|
|**Expenditure (Notes 6)**||||||
|**Expenditure on:**||||||
|Fundraising|-|-|-|-|-|
|Charitable activities|(10,227)|-|-|(10,227)|(42,968)|
|Separate material expense item|-|-|-|-|-|
|Other|-|-|-|-|-|
|**_Total_**|**(558)**|||**(558)**|(34,854)|
|||||||
|**Net income/(expenditure) before tax for the**<br>**reporting period**|**(558)**|**-**|**-**||**32,966**|
|Taxpayable|-|-|-|-|**-**|
|**Net income/(expenditure) after tax before**<br>**investment gains/(losses)**|**(558)**|**-**|**-**|**-**|**-**|
|Net gains/(losses) on investments|-|-|-|-|**-**|
|**Net income/(expenditure)**|**(558)**|**-**|**-**||**32,966**|
|**Extraordinary items**|-|-|-|-|**-**|
|**Transfers between funds**|-|-|-|-|**-**|
|**Other recognised** **gains/(losses):**||||||
|Gains and losses on revaluation of fixed<br>assets for the charity’s own use|-|-|-|-|**-**|
|Other gains/(losses)|-|-|-|-|**-**|
|**_Net movement in funds_**|**(558)**|**-**|**-**||**32,966**|
|**_Reconciliation of funds:_**||||||
|Total funds brought forward|1,232|-|-||36,086|
|**_Total funds carried forward_**|**674**|**-**|**-**||**1,232**|



The notes on pages 9-10 form part of these financial statements. 



**Learning From The Righteous                                                                              Charity Commission Number: 1171408** 

**Balance Sheet As at 31 March 2024** 

______________________________________________________________________________________________ 

||**Unrestricted**<br>**funds**<br>**£**|**Restricted**<br>**income**<br>**funds**<br>**£**|**Endowment**<br>**funds**<br>**£**|**Total this**<br>**year**<br>**£**|**Total last**<br>**year**<br>**£**|
|---|---|---|---|---|---|
|**Cash at bank and in hand**|674|-|-||1,232|
|**Gift aid receivable**|-|-|-|-|-|
|**_Total current assets_**|674|-|-||1,232|
|||||||
|**Creditors: amounts falling due within one**<br>**year**|-|-|-|-|-|
|||||||
|**_Net current assets/(liabilities)_**|674|-|-||1,232|
|||||||
|**_Total assets less current liabilities_**|674|-|-||1,232|
|||||||
|**Creditors: amounts falling due after one**<br>**year**|-|-|-|-|-|
|||||||
|**_Total net assets or liabilities_**|674|-|-||1,232|
|**Funds of the Charity**|**-**|-|-|-|-|
|**Endowment funds**|-|-|-|-|-|
|**Restricted income funds**|**-**|-|-|-|-|
|**Unrestricted funds**|674|-|-||1,232|
|**Revaluation reserve**|**-**|-|-|-|-|
|**Fair value reserve**|**-**|-|-|-|-|
|**_Total funds_**|674|-|-||1,232|



The financial statements were approved by the trustees on 30/01/2025 and signed on their behalf by: 


**J Lishak Chairman** 

The notes on pages 9-10 form part of these financial statements 

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## **Learning From The Righteous                                                                              Charity Commission Number: 1171408** 

## **Notes to the Accounts** 

## **For the Period Ended 31 March 2024** 

______________________________________________________________________________________________ 

## **1. Accounting Policies:** 

## **Basis of preparation** 

These accounts have been prepared under the historical cost convention, and are prepared in accordance with applicable accounting standards. 

## **Basis of preparation** 

The financial statements of the charitable company, 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'. 

## **Incoming Resources** 

All incoming resources are included in the accounts when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. 

## **Resources Expended** 

All expenditure is included in the accounts on an accruals basis. 

## **Taxation** 

The charity is a registered charity and is exempt from tax on its charitable activities. 

## **Fund Accounting** 

The charity has no restricted funds. At 31 March 2024 all funds held are unrestricted general funds.  Unrestricted general funds are funds which can be used for any purpose which is in accordance with the Charity’s objectives and at the discretion of the Trustees. 

## **Trustees and Volunteers** 

None of the trustees and volunteers (or any persons connected with them) received any remuneration during the year. 

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