Charlty reglstratlon numb•r 01184945 (England and Wale51 JTAP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
JTAP LEGAL AND ADMINISTRATIVE INFORMATION Trustees B Sach8r P Simons R Benaim ChaAty reglstrltion England and Wales 01184945 Prlnclpal addms 8 WestAvenue London NW4 2LJ Independent examiner Anthony Epstein FCA Paragon Partners Limited Churchill House 137- 139 Brent Stmt London NW4 4DJ
JTAP CONTENTS Page Trustees report Independent examiner's report Slalement of financial adMlie$ Balanc* sheet Notes lo Ihg fman¢ial sktements 6-11
JTAP TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGUST 2025 The trustèas pr&senl their annual report and finan¢io1 ststements for th& year endÈd 31 August 2025. The financial stalernenls have been prepared in aOrdanCe wilh the accounting policies set out in note 1 to the financial st3temenls and comply wrth the charity's goveming document, the Charities Act 2011 and "Accounting and Reportin9 by Charities.. Slaternenl of Recommended Pradice applicable lo ¢harilies preparing their accounts In accordance with the Financial Reporting St8ndard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 2019)" Objectives and a¢tivld•8 The ¢haTity's oble¢ts are the advancement of thè orthodox Jewish religion for the benefft of the publi¢ mainty, bul not exdusively. through Ihe holding of lectures and produang andlor disseminating material via modem technology in order that Jewish people leam to prath.ee their 11910 and goin a deeper understanding of its richness. heritage and lture. The tru8lees have pa*J due regard tts guidance Issued by the Charity Commission in deuding what activitie5 the charity should undertake. Achievemènts and perfomian¢g During the period. JTAP updated and revamped Ils website, whith uploads and advertises material of a worfd dass educator ofJewi$h thought & phdosophy, mainly in the form of audio and wdeo. JTAP commissioned the same educator lo ¢reate new mal8rial and upload Iv the website. on YouTube and other online channels. JTAP also commissioned three additional educators to leach d8$se$ on Jewish thought and philosophy in person, as w811 as lo author book8 on the topic. In this period. one bciok was published, with another four existing books being translated and publlshed in different languages. Below are some statistics and figurès in relallon to the websile.. Website and Newsletter.. Wèbsite unique viewers since inception.. 59,662 Newsletter subscribers 1,670 Newsletter Sent out 11 Average tspen rate 40% Youtube wdeo wthys.. 332.2k Webinars done specifically for SubberS 3 People attended= on average 250 Avarag& number of people who email in to dedicaied email address wtth queslions.. 5 per day Audio Content.. Sounddoud.. 50.873 Plays, 58 likes, 9 reSts, 3.060 downloads Spolitr. 68,795 Plays. 17.5 Consumption Hours, 582 New Followers, 5.870 Distinct Audien Apple Pod¢asl,' 65,000 Ploys, 8,256 consumpb.on hours, 800 New Followers, 6,600 Distinct Audience
JTAP TRUSTEES REPORT (CONTINUED) FOR TIIE YEAR EAIDED 31 AUGUST 2025 Flnancial Teviow The chafftls lThx)rro1s rn81 dorfv•J from donaY(m. Exndr. ptharfty ¢)n dTrarftable activknes, resutted In a net 8urp*Js of Income oveT expendtture of £17.059. Th6 trJ81888 conaldor Iho ftmds gènèratsd In the yo8r under 19&W to bo sufficlent to rnoèt thg charRoblo tn obigeteS and tha posiuon oftha charttsble lJu$t at Ihe year end to be satisfactory. The tNSt8e5 have 88$988ed tho m4or rkks to lch tho charttylg exposed, and are salisffled thal sysknns are In pbcè to mmgate 8xposur8 to th8 major rtsks. Structuwe, governance and managomwit Thg ¢tha 15 a tharitable IncorEx)rat8d organlsath)n registered the Charfty cornmissn wlh a tten onst on 19AugLLSt 2019. The who 8eNed durkng the year and up to tha date of8nalUr ofthe Ilnandal stateMts were.. B S8¢her P Slrnon$ R Benalm The trus16 report was approved by the Board of Trustees. P Slmons Dated.. 30 June 2W26
JTAP INDEPENDENT EXAMINER'S REPORT TOTHETRUSTEES OF JTAP I report lo the Iruslees un my examination of the finanaal statements of JTAP Ilhe charity) for th8 year ended 31 August 2025. Responslbillii•s and basls of rnport As lh• trustees of the charity you are responsible for the preparation Of Ihfr flnandal ststements in ac¢ordan¢8 with the requlremenls of the Charities Act 2011. I report in respeLI of my examination of the charity's finandal statgmenls carried out under section 145 of the Ch8riligs Ad 2011. In cairying OLrt my examination I have followe(J the Dire¢tions given by the Charity Commission under serlion 14515llbl of the Charities Act 2011. Independent examin•Vs statemènt Your attention is drawn to the fact that the Chartty has prepared the financial ¥tstemenls in accordan¢è with th relevant version ol the Statement of Recommended Practic£ applicable to th8ri1ies preparing their financial statements in accord8n¢e with th8 FinancAal Reporting Standard applicable in the UK and Republic ol Ireland {FRS 1021 in Preference to the Accountthig and Reporting by Charities". Statement of Recommendèd PraGli¢e issued on 1 Apri5 2005 which is referd lo In the extant regulations but has now béen withdrawn. l understsnd thal this has been donè in order for the financial slalemenls to provide a ttye and fair viaw in accorda1e with UK Generally Ac¢eplèd Aecounting Practice. I have ojmpleled my examination. I confirm th81 no malters have come to ffly 8ttenlK)n in connection wrth the examination giving me cause to believe that any material respect.. 8eLounting records were not kept in respect of the charity as requlred by se10n 130 of the Charities Act 2011. the financial statements do nol Berd with those records,. or the financAal slalements do not compty with thè applir2blè requirements concerning the fom and content of financial statements sel out in the Charities IAcLounls and Reports) Regulations 2008 othér than any reqU1ment 1hat the financial ststements give a true and fair viw, which is not a matteT conslderod as part of an independent examinatson. I have no con¢èms and have come across no other matters in connection wrth fhe 8xaminalion to which attention shoukl be drawn in this report In Ctrder lo enable a proper undèrstanding ol the financ4al stalemtrnts to be reached. Anth Epst•in FCA Paragon Partne15 Limrted Churchim House 137- 139 Brent Street London NW4 4DJ 30 June 2026
JTAP STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 AUGUST 2025 Unrn5trict•d Rejtrlcted nds funds 202$ 2025 Totsl Unrestricted R•strfeted funds funds 2024 2024 Total 2025 2024 Note$ Income from: Donations and legacies 68,787 68.787 26,593 26,593 Totsl in¢¢me 68,787 68.787 26,593 26,593 Expendlture on: Charitable activities other expertditure 41.883 9,845 41,883 9.845 63.988 9.058 63.988 9.058 Totsl exp•nditur• 51,728 51,728 73,1)48 73.046 Not Incomellexppnditurfy) and movement In fund$ 17,059 17,059 146.4531 146.4531 Re¢onelllatlon of funds: Fund balances al 1 September 2024 22,687 2,427 25,114 69.140 2,427 71,567 Fund balan¢o$ •t 31 August 2025 39.746 2,427 42.173 22,e87 2,427 25,114 statement of financial aetiviltes indudes all gains and losses recognised in the y8ar. All income and expenditure derive from continuing activitie5.
JTAP BALANCE SHEET ASAT31AUGUST2025 2025 Flxed Tangl0 as80ts 10 2,580 3.225 Current ass•ts Cash 8t b8nk and In hand 39,593 21,889 Net ¢urr•nt as••ts 39.593 21,889 Total as¥•ts le•¥ curr•nt Ilablltl• 42.173 25.114 Th• funds ofthe Charlty Rastricted InMe fvnds UnreStted frjnds 11 12 2A27 39,746 2,427 22.687 42,173 25,114 Tha fmM4al statements wgyè oppYov•d by tho tNsl09s on 30 June 2026 P Slmons
JTAP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2025 Accountlng pollcles Charity inforniation JTAP is a charitable incorptsraled organisation governed by constitution written on 19 August 2019. 1.1 Ba$1$ of pr•parntlon The finan¢ial statements have been prepared in 8c¢ordancè wilh th8 charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charitles.. Statement of ReMMended Practi applicable to ¢harities prèparing thèir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January 2019}" The ¢h8nty is a Publie Benefil Entty as defined by FRS 102. The charity has tsken advantage of the prowisions in the SORP for charibas applying FRS 102 Update Bulletin 1 not tL) prepare a Sl*ement of Cash Flows. The ffinancial statements have departed from thè Charities {Accounls and Reports) Regulations 2008 ¢)nly to the extent required to provide a true and fair wew. Thls deparlure has involved following the St81ement of R8commènded Practice for tharilies applying FRS 102 rather than the version of the Slalemenl of RÈcommèndod Practice wthch is referred lo in the Regulations bul which has since been wrlhdrawn. The financial slalements are prepared in steing, which is the funclional currency of the charty. Monetary anwunls in these fman¢ial 51alements aro roundad to th8 n8ar8sI £. The financial statements have been prepared under th& hlstorical ¢osl ¢onvention. The principal accounting poliaes adopted are sat out below. 1.2 Going concern At the lime of approving thè ffinancial statements, the trustees have a Teasonable expectation that the charty has adequate resourcès to Continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going ¢tsn<8rn basls of awuntin9 in preparing the financial statements. 1.3 Charitablo fund$ Unie$tri¢ted fLJnds are available for us8 at the dlscrelion of the Iruslees In lurthgran¢e of their charitable objectives. Restricted funds are subject to speafic conditions by donoTS or grnntors as to how they may be used. The purposès and uses of the r8Stricted funds are sel out in the note8 to the finan¢ial statements. Endowmènt funds are subject to Specific conditions by donors that Ihg capital musl be maintained by the charity. 1.4 Ineome Inme is reco9nised when the charity is lÈgalW entitled to it aft8r any performance conditions have been rnet, the amounts can be measured reliably, and il 15 probable that InMe will bo received. Cash donations are recognisèd on receipt. Other donations are recognised once the chaiity has been notrfied of the donation, UesS performance corKlitions rgquiro d¢ferral of the amount. Income lax re¢over8ble in rèlation to donations received under Gitt Aid or deed$ of covenant is reeognised at the time of the donation. Legacies are recognised on receipt or olhewwi$¢ rf the charity has been notified of an irnpending distribution. thè amount is known, and receipt 18 expe¢t$d. If Ihg amount is not known. the legacy is Irealed as a conling¢nt asset.
JTAP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Aceounting pollcks Icontlnuedl 1.$ Expendiiuro Resources expend8d are included in the finanal statements as they becorne due. 1.6 Ta*)yible fixed assets Tangible fixed assets are initially measured al cost and subsequently meaSUd al cost or valuation. net of depi¢¢ialion and any impairment lo$se$. Depreciation is recognised so as to write off cost or valuation of assets le55 their residual values oveT their usefvl lives on the following bases.. Flxiure$ and ffttings 20% reducing balance The gain or loss arising on the disposal of an asset is determined as the drffeTence between the sale proceeds and the ¢arrying vae of the a5sel. and 1$ re¢ognised in the statement of financial activitie8. 1.7 Impalmient of flx•d assets At each reporting end date, the charlty rfyviews the carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairrnenl l¢$s. If any such indication exists, thè recoverable arnounl of the as881 1$ estimated in ordar to d61ermine ihe extent of the Impaimienl loss Irf any). 1.8 C¥$h and cash oqulvalents Cash and cash equivalents Indude cash Sn hand, deposils hebj al call Mlh banks, othèr short-t8rm liquid investments wiéh original Malure5 of IhTee months or les$. aNI bank overdrafts. Bank ovèrdrafts ar8 shown within borrowings in current liabilities. BaslG fjn•ncial assets Basi¢ finanaal assets, which indude debtors and cash and bank balances, are InllSally measured at Ir8nsactlon price induding transaction costs and ale subsequently carried at amortised cyjsl using the effective interest rnelhod unless the arrangement C4)nslitutes a financing transaction, where the transaction 18 measured at the present value of the futwe receipts discounted al a markgl rale of interest. Finanaal assets classified as receivable within one year are not amortised. 8•$1¢ flnanclal liabili11•5 Basic financAal liabilities, including creditors and bank loans are initially recognisod at transaction price vnless Ihe arrangement con$li(LJtès a finaneing transaction, where the debt insttUTnent is meaSUd al the present value of the future payrnenls discounted al a market rale of interest. Financial li8bilities dassiffied as payable within one yéar are not amort16ed. Derecognltlon of finan¢iTal Ilabllltles Financial liabilities are derecognised when Ihg tharity's ¢onlractual obligations expire or are disthargèd or ncellèd.
JTAP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Crftleal accounting •stimates and ludgements In the application of the ¢haritl$ aoUntIng policies, the tru51ee$ are wuirèd to mak8 judgements. estimate and assumptlOll5 about the rarrying amounl of assets and liabililiè$ th81 are nol readily apparent from other $our¢es. The estimates and as80(xaled 8ssumptions are based on historical experience and other faciors that ai¢ nSided to be relevant. Actual results may diffèr from these estimates. Thè e$tirnate$ and underlying assumptions are reviewed on an ongoing basis. Revisions lo ac¢ounting estimates are recognisèd in thè pariod in which the estimate is revised where Ihe rewsion affects only that period, or in the period of the revi3ion and fvlure periods where the revision affe(s bolh current and future periods. Income from donations and legacies Vnr•$trKtsd funds 2025 Unrestrfcted funds 2024 Donation5 and grfts 68.787 26.593 Exponditure on ¢harhabh actl¥ltl•s Charitablo Charltable Expendltur• Expènditurè 2025 2024 Dlre¢t costs Depreciation and impalrmenl Website costs Book translations Rabbi sevices fees sUbscrtIOns Book publishing and other eosts Legal fg9S 441 701 17,00 1.502 21.379 215 1,108 6,805 24,000 1,754 25.895 3,620 41,883 63,988 Anatysls by fund Unrestricted fund8 41,883 63,988 Net movgm•nt In funds 2025 2024 The net movement in funds 1$ slalgd afier ¢hargingl{creditingl'. Fees payable for the independent examinion of tha (tharitls financial slalemenls Dewecialion of owned tangible fixed as8el$ 645
JTAP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 None of the INslees lor any persons conneded with them) recewed any remun•ration or benefits from the charity during the year. Employ The average monlhty number of employees during the year was.. 2025 Nurnbor 2024 Number vonteerS There were no employe$$ whose annual rernuneratn was more than £60.000. R•mun•rallon of key management Porsonnel The remuneration of key managemttnt rSonnel was as folhjws..
JTAP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Oth•r expendlture Unrnslricted Unrestricted fund$ funds 2026 2024 Admlnlstralion expenses 9.845 9,058 9.845 9,058 Taxatitsn The charty is ox8mpl from taxation on ils aclSvitie$ because al ils income is applied for charitsble pvrp05es. 10 Tangible fixed a$$•ts Flxturns and At 1 September 2024 5,345 At 31 Auyusl 2025 5,345 Deprè¢lollon and knpalrment At 1 September 2024 Depreciation charged in th• year 2,120 Al 31 August 2025 2,765 CaTrying amount Al 31 AUgt 2025 2.580 At 31 August 2024 3,225 11 Rèstrict•d fiinds The restricted funds of the charity comprise the unexpended balancés of donations and grants hekl on trust subject to specific conditions by donors as lo how they may be ?. At 1 At 31 August September 2025 2024 2,427 2,427
JTAP NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 AUGUST 2025 11 Restrict fvnds Icontlnuedl Pr•¥lou$ y•ar: At 1 At 31 August Sopt•mber 2024 2023 2.427 2.427 12 Unrestrictsd lund$ Thè unrestricted fund5 of the chatity comprise the unexpended b8lan¢es ol donatnS and giants which ar8 not sublecl lo specifi¢ conditions by donors and grantors as to how they may be used. These indudè designated funds whi¢h have been $el aside out of unrestrided funds by the trustees for specific purposes. At1 Septembor 2024 Incoming resources R•sourc•s At 31 August •xpend•d 2025 General fvnds 22,687 68.787 151,728) 39,746 Prevlous y•ar: At1 September 2023 Incomlng r*vr¢e8 Resour¢gs At 31 August expended 2024 General fvnds 69,140 26,593 173,046} 22,687 13 Related party transa¢tion$ Theie were no disclosable related paty Iran$artions during the year. 11