Chaiity number: 1175411
MIZRACHI (UK)
Charitable Incorporated Organisation
Annual Report and Financial Statements
Page
Reference and administratsve details of the charity
Trustees, report
34
ststement of financial activities
Balan￿ Sheet
Notes to the finanual $talements
7-10

MIZRACHI (UK)
REFERENCE AND ADMINISTRATIVE O￿AlL5 OF THE CHARITY
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees:
Steven Blumgart (Chairl
Samuel Rubin
David Daniel Morri$
Mahew Fruhman Iresigned 6 Marth 2025)
Grant Kudand
Sean Melnick
Michele Bauemfreund
Principal Operating Office:
448 Albert Road
London
NW4 2SJ
Charlty reglstered numbor
1175411
Accountants
Goldwins Limited
75 Maygrove Road
Wesl Hampslead
London 2EG
Pagel 2

MIZRACHI (UK)
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees are present their annual report together with the financial statements of the Charity for
the year ended 31 December 2024.
Objeetlves and Actlvltles
Policies and Objectives
Mizrachi (UK) was set up in anlicipalion of transferring the ath'vities. assets and liabilities of Mizrachi
IUKI Israel Support Trust. Since this has not yet taken place, the Charitable Incorporated Organisalion
remained relatively inactive throughout the penod.
In setting objectives and planning for aclivilies, the Ifuslees have given due consideration lo general
guidance published by the Charity Commission relating to public benefit, including the guidance
'Public Benefit.. running a charity IPB2)'.
Going concern
After making appropnate enquiries. the Trustees have a reasonable expectation that the Charity has
adequate ￿sOUrceS lo continue in operatsonal exislen¢e for the foiesee8ble fvture, as the Trustees
anlicipale continued support from a charity with common tfuslees. For this reason, they continue lo
adopt the going concern basis in preparing the financial statements. Further details regarding the
adoption of the going concern basis can be found in the accounting policies.
Structure. Governance and management
Mizrachi IUKI is a registe￿ charity, number 1175411, and is consb'luted under a constitution.
The re5erve5 policy of the Charity requires a three month Teserve. As of 31 December 2024, the
serves were in a deficiL The￿f0￿, ￿lIan￿ on the charity being a going ￿ncern has been pla￿d
on the support of the trustees.
Method of appolntment or electlon of Trustees
The management of the charitatAe incorporated Organisats'on is the responsibility ofthe Trustees who
are elected and c(popled under the tenns of the Constitution.
Statement of trustees, responslbllllles
The Trustees are resF)onsible for preparing the TnJstees' Report and finanual statements in
accordance with appliCa￿e law and with the United Kingdom Acc￿￿nting Standards (United Kingdom
Generally Accepted Accounting Practs'cel.
The law applicable to the Charities regisleres in England and Wales requires the Trustees to prepare
financial statements for each financial year which give a true and fair view of the stale of affairs of the
charity and of the income and expenditure for that period.
In preparing these financial statements, the Trustees are required lo..
select suitsble accounting policies and then apply them consislenuy.,
observe the methods and prinurAes in Accounbng and ReFK)rting by Charities. Statement of
Recommended prath'￿ applicable to charities preparing their accounts in accordance with
the Financial Reporting Stsndard applicable in the UK and Reput￿lC of Ireland IFRS 1021.,
make judgements and esbmales that are reasonable and prudenL
Pagel 3

MIZRACHI (UK)
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
state whether applicable United Kingdom Accounting Standards have been followed, subject
to any material departures disdosed and explained in the financial slatemenls," and
prepare the financial stslemenls on the going cOn￿M basis unless it is inappropriate to
presume that the charity will continue in operab"on.
The Trustees are responsible for keeping proper ￿CoUntr"ng records that disclose with reasonable
accuracy al any b'rne the finanual position of the charity and enable them lo ensure that the financial
ststements comply with the Charities Act 2011 and the provisions of the Tnjst deed. They are also
responsible for safeguarding the assets of the charity and henc£ for taking reasonable steps for the
prevenb'on and detection of fraud and other irregularities.
Approved by the Board of Trustees and signed on their behalf by..
Steven 8lumgart
(Chair of Trustees)
Date: 29 October 2025
Pagel 4

Mizrachi (UK)
Statement of financial activities
{incorporating an income and expenditure account)
For the year ended 31 December 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Income from:
Charitable aciivities
Totsl incom8
Expenditure on..
Charitable actNities
1,385
Totsl expenditur•
1,385
Nol In¢om• I1oxp•ndltur•l for th• year
1,385
Transfers be￿een funds
Net mo¥•m•nt In lund•
11,3851
R¢¢on¢lllatlon of lund•:
Total funds brought forward
12,7621
12,7621
11,3771
Totsl lund8 forward
2,762
2,762
2,762
All ol the above results are denved from eonbnuiNJ adiwtss.
There were no other recognisod gains or l¢is£es other than those stated abov•.
The attached notès fom part of these finan¢)al statem&nts.
Page | 5

Mizrachi (UK
Balance sheet
As at 31 December 2024
2024
2024
2023
2023
Note
Curront 3$sots:
Cash at bank and in hand
598
598
598
598
Liabilities:
Creditors.. amounts falling due wthin one year
3.360
3.360
Net current *$sèts
2.762
2.762
Total assets less currnnt liabilities
{2.7621
12,7621
Total not assets
2.762
2,762
Funds
Restrided fund$
Unreslricled funds
2,762
2,762
Total fund•
2.762
2,762
Approved by the trustees on 29 October 2025
and signed on their behalf by..
Stsven Blumgart
Chair ol Tru$t••8
Charlty No. 1175411
The attached notes fomi part of the financial statements.
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Mizrachi {UK)
Notes to the financial staternents
For the year ended 31 December 2024
1 Accounting policies
al Ba¥1¥ of preparation
The finanaal statements fvave been prepared in accordance the Charities SORP IFR&1021- Accounting
and Reporting by Charities.. Staternent of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I￿land
appliCat￿e in the UK and Republic of Ireland IFRS 1021 and ihe chari￿es Act 2011.
The charty meets the definrtion ol a public benefft entity under FRS 102. Assets and liabilrties are initially
recognised at histoncal cost or transaction value unless othemse stated in the relevant accounting policy or
note.
bl Going concern
At the balance sheet date ol the chanty, its net lun¢Js did not cover its commffted expen(Jtture for the first 3
months of 2025. However, the Trustees have prepareil the accounts on a going concem basis, due to a
commitment from the Trustee8 to support the charity.
A8 such, the Iru$lees consid&r Ihal the charity is lo ¢onlinue its acbvities for a ptrriod of al least fv4elve
months from the date of signalure of these accounts and the a￿unts have the￿lOre been prepared on 8
going concern basis.
cl Incom•
All income is recognised once the Charity has enlitleTh*nt lo the income, rt is probable that the income will be
received and the arnount of income receivable can be ffleasured reliably.
Income tax recoverable in relation to donations receNed under Gift ANI or deeds of covenant Is recognised at
the Ilme of the donat￿n.
dl Inter•8t rec•lvabl•
Intèrest on funds h8ld on dèposrt is induded when re¢èi¥able and th¢ amounl ¢an be measured rellably by tho
charity,. this 18 norm81ty upon nolrftsts'on of the int&resi paid or payable by the bank.
Pagel 7

Mizrachi {UK)
Notes to the financial staternents
For the
ear ended 31 December 2024
1 Accountlng polocles Icontinuedl
el Fund a¢¢ounting
Unrestricted funds are available to spend on activities ihat fijrther any of the PUTposes of charity. Designated
fun¢Js are unrestncted fiJnds of the charity which the Irustees have deoded at their disC￿￿"0n to set aside to
use for a specrfic purpose. ReStr￿ted lunds are donations which the donor has speafied are to be solety used
for partieular arèa5 of the tharity's work orfor spe(ific ptojects beiny undèrtaken by thè charity.
l) Expendlture and Irrecoverable VAT
Expenditure is recogni5ed once there is a legal or ¢xJnstructNe obli9ation to make a payment to a third party. il
is probable that settlement will be required and Ihe amount of the obligation can be rneasu￿d reliably.
Expenditure is dassified under the following activity headings..
Costs of raising funds comprise ol tra¢Jing costs and the costs incurred ty the charity in inducing third
parties to make voluntary contributions to rt, as well as the cost of any activities with a lundraising
purpose.
Expenditure on charrtable actNities indudes Ihe costs of delivering services and other activrties
undertaken to hjrther the purposes of Ihe charty and their associated support costs.
Other expendrture represents those rtems not falling into any other heading.
lffecover8ble VAT is ¢harged as a ¢o$i 8gain$i the adivity for which Ihe expendi¢ure was in¢urred.
gl Allocatlon of 8UPPOrt cos1•
Support costs are those functions thal assisl the work of Ihe charity but do not direclty undertake charitable
activities. Support ¢osls indude back oifice costs. finan¢e. ptrrsonnel. payroll 8nd governanc& ¢o$l$. Thtrsg
costs have been allocated bebveen co8t ol r8ising ftjnds and expendilure on charitable activrties. The bases on
which support costs have been allocated a￿ set out in note 2.
hl Op•ratlng laa••8
Rent81 charges are ¢harged on a straight line basis over the lemi of Ihe lease.
11 Tanglble Ilxed as8e¢s
Tangible fixed assets are inibalty recognised at cost. After recogni1￿. under the cost model,tangible fixed
assets are measurèd at cost less accumulated deprèuation and any accumulated impaiment lossès. All ¢o$ts
incurred to bring a tangible fixed asset into ils intended worting C4Jnditson shoukl be induded in the
measurement of cost.
Depreciatlon Is charged so as to allocate the cost of tangible fixed assets less Ih&ir r8sldual value ovèr their
eslimaled useful lives,
Depreciats'on is provided on the followng bases..
Fixtures and fittings
Computef Èquipment
33% straight line
33% straighl line
11 Debtors
Trade and other debtors arts recognised at the setllement amount due after any trad8 discount offèrèd.
Prep8ymenls 8re valued al the amount prepaid nel of any Irade discoun15 due.
kl Cash at bank and In hand
Cash at bank and cash In hand indudes cash and short temi highty liquid investments with a short maturity of
thm months or le$s from Ihè date of8r4uisrfion or opening of Ihè deposrt or similar a¢¢ounL
11 C￿dItorS and provisions
Creditors and provisions a￿ recognised where the charity has a present obligation Tesuth'ng from a past event
that will probabty resuh in the transfer of funds to a third party and the amount due to settle the obligatson can
measured or estlrn8ted reliabty. Credttor5 and provisions are normalty recogni5ed * their settlernent
amount after allowing for any trade discounts due.
ml Flnanclal Instruments
Basic finanaal instruments are inth.ally recognised at transaction value and subsequentty meaSU￿d at thelr
settlement value wth the exception of bank loans which are 5ubsequentty measured at amortlS8d cost Using
Ihe effective interest method.
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Mizrachi {UKI
Notes to the financial statements
For the ear ended 31 December 2024
Analy$i$ of expendilurE
Support &
Charitable Goveman
aclniths
costs
Basis of
al(K3tion
FuTh1tsisiNJ
2024
Total
2023
Totsl
Accountancy Fee
Sundry Expense
Direcl
Direcl
1,350
35
1,385
Support Costs
Total expendlture 2024
Total ex￿nditure 2023
1,385
1.385
Ofthe total exp8ndrture, £NI was unrestwthd12023 £1.3851 and £Nil was ￿t￿l#e￿I2023 £NIll-
Not In¢omp I 1•y￿r￿11¢UTfr> for th•y
Thi$ 1$ staled after ¢har9ing I Irjedrfingl".
Independent ex8min81ion
2024
2023
1,35D
Tru¥tou' romuneratlon and expen¥
During th? year. no Trustees recewed any reMU￿ra￿On or other t4nefit512023- £NILI.
Dufing the year onded 31 De¢*mb¢r 2024, no Tw$i¥* ex￿n$?$ h¥ve tyoen ￿curred(2D23. £NILI.
Taxatlon
The tharity is exernpt from corpora￿.0￿ tax as 81 rts InC£ff￿ is i*aritsbl8 and is for ehantable purposos.
Cr•dltor•'. amounts fallln9 du• wlthln on• y••r
2024
2023
Accruals and deferred Inojmg
3,360
3,360
3.360
3.360
Page19

Mizrachi {UK)
Notes to the financial statements
For the
ear ended 31 Decernber 2024
7 Analysis of n8t aSS8ts b8tw8en funds
Unrestricted Restricted
Total
funds
Current assets
Ciedit015 due within one year
Net assets at the end ol the yèar
598
3.360
2.762
598
3.360
2.762
Analysls of net assets between funds 2023
(previous year for comparison)
General Restricted
Total
Current assets
Creditors due within one year
Net assets at the end of the year
598
3.360
598
3,360
2,762
8 Movement¥ In funds
At31
Transfers D•eember
2024
January
2024
Income Expenditu
General Fund
12,7621
12,7621
Totsl fund8
Movements in funds 2023
(previous year for comparisonl
A11
January
2023
At31
D•Cam￿r
2023
Income Expenditu
Transfers
General Fund
11,3771
11.3851
12,7621
Total fund8
9 R•lat•d paity tran8actlorb8
The Charitable Incorporated Organisation has nol entered inlo any related party Iransaction during the
year. nor are there any outstsnding balan¢e$ wng betr￿en ￿lated p8rtj.trs and the Chaiitablo
Incorporate(J Organisation at 31 December 2024.
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