COMPANY REGISTRATION NUMBER: 12140175 CHARITY REGISTRATION NUMBER: 1188418
MENUCHA LTD
Company Limited by Guarantee UNAUDITED FINANCIAL STATEMENTS 31 DECEMBER 2025
MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TABLE OF CONTENTS
| Page | |
|---|---|
| Company information | 3 |
| Trustees’ annual report (for company law purposes the directors’ report) | 4-9 |
| Independent examiner’s report to the trustees | 10 |
| Statement of comprehensive financial activities | 11 |
| Statement of financial position | 12 |
| Notes to the financial statements | 13-19 |
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 COMPANY INFORMATION
Name: Menucha Ltd Charity registration number: 1188418 Company registration number: 12140175 Registered office: 32 Hamilton Road London NW11 9EJ Trustees: Miriam Naomi Ollech Alexis Jacques Dwek Leah Aliza Sanger Chair of Trustees: Miriam Naomi Ollech Directors: For company law purposes the Trustees are also the Company directors. Independent Examiner: Shaya Grosskopf FCA 1g Accountants Chartered Accountants Churchill House 137-139 Brent Street London NW4 4DJ
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT)
The Trustees, who are also the directors for the purposes of the Companies Act 2006, present their report and the unaudited financial statements of the charity for the period ended 31 December 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 2015).
TRUSTEES
During the year and up to the date of signing of this report the following individuals served as Trustees of the Charity: -
Leah Aliza Sanger Miriam Ollech Alexis Jacques Dwek
OBJECTIVES AND ACTIVITIES
Menucha is dedicated to providing vital, life-saving clinical support for women, focusing on their mental and emotional health during the perinatal period. Our approach strengthens mothers from the inside out, building their resilience so they can face challenges effectively, ultimately ensuring their children grow up in safe and supportive environments.
We intervene early, recognising that a perinatal mood disorder is distinct from common 'baby blues' and requires prompt action to prevent lengthy recovery. To facilitate this early access, Menucha has worked tirelessly to demystify Perinatal Mental Disorders (PMDs), raise awareness, and actively remove the stigma and shame women often feel, especially within the Jewish community. Our awareness campaigns are pivotal: they communicate that help is available and educate the community on this critical issue. As a result, mothers are finding the courage to reach out, and the number of women we support has grown exponentially, establishing Menucha as the trusted provider for clinical perinatal mental health care.
PUBLIC BENEFIT
The Trustees have given careful consideration to the Charity Commission's guidance on public benefit when setting the aims and objectives of the Charity. In particular, the Trustees consider how planned activities will contribute to the aims and objectives of the Charity.
CHARITABLE ACTIVITIES
Menucha Clinical Programme
The vital need for our services has never been greater. Menucha has experienced a sharp increase in demand, allowing us to support more women and, in turn, more families facing perinatal mental health struggles in silence. We averaged support for 16 women per month in 2025, culminating in an all-time record of 38 women supported in July.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) continued
This growth is paralleled by our evolving role as a trusted partner. Calls for information and resources continue to rise (183 calls in 2025), proving Menucha is the community's first port of call. Furthermore, how women find us has changed significantly:
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Professional Confidence: Calls from healthcare and community professionals grew from none in 2021 to 18 in 2025
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Community Engagement: Referrals from community sources surged by 125% since 2023, indicating a positive shift towards open conversation.
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Key NHS Partnership: The most powerful growth is in referrals from the NHS, which have soared by 300%. This signals that NHS professionals now view Menucha as a reputable, specialist resource. The growth in NHS referrals is laying the foundations for deeper collaboration in the future, ensuring no woman slips through the cracks between statutory and community services.
The Menucha Programme is designed to deliver comprehensive support by pairing clients with both a specialized therapist and a dedicated case manager. This approach ensures both clinical needs and practical support challenges are addressed.
We offer a high degree of clinical specialization across six distinct therapeutic modalities, including:
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Parent-Infant Psychotherapy
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Birth Trauma Resolution
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Internal Family Systems (IFS)
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Psychoanalytic
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Psychodynamic
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Integrative Talking therapies
Our dedication to prompt, effective care is reflected in our access times: 87% of women begin working with a Menucha therapist within just seven days of reaching out—an improvement from last year. All remaining clients begin therapy within 10 days, also an improvement to last year. This commitment far exceeds the NHS Talking Therapies (formerly IAPT) standard, which aims for 75% of individuals to begin treatment within six weeks.
The Menucha Programme remains a short-term, goal-based therapeutic service, with the average duration of support for women being three months (approximately 12 sessions).
This year, 64% of our clients required engagement with an NHS service during their time with us. The data powerfully demonstrates Menucha’s critical role in bridging the gap between statutory services and minority communities: 89% of these clients stated they would not have sought NHS assistance if Menucha had not advocated on their behalf. This success highlights our crucial function in ensuring women access the broader range of healthcare support they need.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) continued
We are consistently evaluating and learning from our client feedback forms. Over the past three years, we have made significant internal changes to our clinical team, increasing the responsibilities of our case managers. They now conduct assessments, a role previously held by therapists, to ensure that both therapists and case managers are fully aware of a client’s presentation. This collaborative approach allows for a more holistic and streamlined care process.
Case managers also handle extensive correspondence with various third-party organisations, including GPs, midwives, psychiatrists, specialist perinatal teams, social workers, and child support agencies. As our reputation grows, we are noticing that the cases assigned by NHS and private perinatal services are increasingly serious and complex, making these interactions essential for securing both physical support and additional resources.
Client satisfaction is paramount to Menucha, serving as a vital measure of the quality and impact of the support we deliver. We are proud to report that a remarkable 98% of women accessing Menucha expressed very high satisfaction with our services.
To ensure the effectiveness of our clinical and case management support, we employ a rigorous, multi-faceted approach to collecting client feedback and measuring satisfaction:
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Structured Check-ins: We conduct regular, structured check-ins with case managers and therapists throughout the therapy process to assess real-time client satisfaction with the service.
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Goal-Based Measurement (GBO): Clients indirectly reflect their satisfaction by rating their perceived progress toward therapeutic goals via their Goal-Based Outcome (GBO) forms with their therapist.
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Targeted Feedback: Clients should provide specific feedback on their relationship with their therapist, the therapy process, and overall service delivery. This helps us identify strengths and areas for improvement.
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Qualitative Testimonials: Positive experiences are collected qualitatively through anonymous testimonials and case studies, providing rich context on the service's impact.
By combining these methods, Menucha ensures a comprehensive understanding of client satisfaction, allowing us to continually refine and enhance our services based directly on client feedback.
We evaluated over a three-year period that within our community where helping others is a strong principle, we found that there was a missing piece in that a lot of the organisations didn’t understand how foundational perinatal health is when families are reaching out for help. We were seeing an increase of risk where there wasn’t an understanding of perinatal health with these other organisations who would provide logistical support. As a result, we teamed up with the charity Chana and hosted 15 sister charities who help women in the perinatal period, in which we ran an introductory round table where every charity learnt about each other. We also ran a roundtable about risk, where we brought in an independent safeguarding advisor to run the workshop, and used examples of case studies provided by Menucha to discuss where there was risk in each of the case studies, where and when they should be working together with Menucha and with other organisations. The organisations involved were Childbirth Support NW, Ezer, Imadi, Interlink, Jcounselling, Jewish Family Centre, Jewish Women’s Aid, Yad L'eim, Mother to Mother, and Relief.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) continued
Awareness & Education
With over 12,700 listens to date, the Menucha Talks podcast is a powerful and expanding tool for supporting women and men through the emotional complexities of parenthood. Designed to address the specific mental health challenges of this period, our monthly platform provides sensitive, professional discussions grounded in a relatable human approach. Listeners gain not just understanding, but also practical, actionable advice and valuable tips they can immediately apply. The positive feedback confirms that this format is highly valued, allowing private, on-demand engagement. By fostering this accessible, safe space for open conversation, Menucha Talks will continue to empower our community and raise essential awareness in the coming year.
In 2025, Menucha Magazine successfully published two editions: the Pesach (April), and Succos (October) issues. This print publication remains a highly valued resource, especially for community members with limited or no internet access. The Pesach and Succos Editions each saw 500 and 600 copies respectively printed and freely distributed in local shops. Distributors reported an enthusiastic response, with individuals eagerly picking up copies—often taking extras for friends and family. Community members have expressed sincere gratitude for a culturally relevant publication that provides practical and thoughtful information in an accessible print format. By offering digital versions of all issues on our website, we ensure a comprehensive, multi-platform approach, guaranteeing that Menucha Magazine remains a valuable resource for everyone in the coming year.
Last year, we successfully refined our advertising approach. We shifted from weekly traditional advertising to a monthly schedule, which not only helped to reduce costs but, more importantly, paved the way for a significantly more impactful social media strategy. This new approach has worked wonderfully. The core of our strategy was the creation of a powerful social media post each week, which is then shared across various platforms by over 40 women within our community. These posts, published every Wednesday, allowed us to reach a broader audience in a personal and highly relatable way, far surpassing the effectiveness of traditional print adverts. The success of this weekly effort is evident in the feedback we receive: many new callers mention seeing our posts shared widely and consistently across different platforms, noting that the visibility and frequency gave them the courage to finally reach out for support. Due to this overwhelming success, our weekly social media sharing is now the established, primary method of communicating with and supporting our community.
Our monthly morning gatherings, Menucha Morning For You, are designed to provide connection and support for women in the early stages of motherhood, and although having just launched have proven to be a success. Specifically targeting women who are pregnant or caring for a baby under 18 months, the initiative offers a warm, welcoming space for those craving connection, calm, or simply a change of scenery. Hosted in the comfort of a beautiful home, these mornings are deliberately relaxed and free from pressure, encouraging women to simply "be themselves with lovely company." Attendees enjoy real conversation, special tasty treats, and most importantly, expert-led discussions on topics critical to this life stage. The feedback we've received confirms the immense value of this format, demonstrating that these gatherings successfully provide the vital community connection, expert insights, and feeling of support that new mothers need to thrive. We look forward to continuing this project to reach more women in the coming year.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) continued
PLANS FOR FUTURE PERIODS
We look forward to launching the Menucha Academy of Motherhood in January 2026, a new initiative offering high-level courses focused on developing the essential skills every woman needs as the foundation of her family.
The Academy ensures the highest standard of learning:
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Expert-Led Workshops: Our courses are structured as interactive, academic-style workshops delivered by world-class experts
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A Unique, Culturally Appropriate Space: Menucha’s curriculum uniquely blends evidence-based psychological tools with Jewish-aligned values. This integration creates a trusted, culturally appropriate environment for Jewish women to reflect, learn, and grow.
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Measurable Outcomes: Courses empower mothers with the resilience and practical tools needed to support wellbeing and build strong parent-infant bonds.
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Participant will develop your mothering skills through a journey of newfound self-awareness. Join the thousands in the Jewish community who benefit from Menucha's specialist expertise.
We are also excited to announce the launch of MENucha, which happened at the end of 2025. A dedicated new stream designed to support men—the husbands, and fathers of the women we serve. The transition to parenthood affects the entire family unit. MENucha focuses on improving the awareness and understanding of what their wives, and mothers of their children might be experiencing during the perinatal period. This new initiative underscores Menucha’s commitment to viewing perinatal mental health through a family-centric lens, ensuring every member is equipped to navigate this challenging journey together.
FINANCIAL REVIEW
The Charity’s income for the year amounted to £279,196 (2024: £265,847). Total expenditure was £233,191 (2024: £241,067), giving a surplus for the year of £46,005 (2024: £24,780).
The Trustees are pleased to report that the Charity's financial position strengthened significantly during the year, with total funds increasing more than fourfold to £60,147 (2024: £14,142). The Trustees have designated £38,000 towards the Charity’s programme of perinatal mood disorders. All restricted income received during the year was applied to the purposes specified by the funders, and no restricted funds were carried forward (2024: £nil)
RESERVES POLICY
It is the policy of the Trustees to seek to maintain funds which are the reserves of the Charity at a level sufficient to cover management, administration and support costs, and to provide resilience against changes in voluntary income.
The Trustees have set the target level of reserves at the equivalent of three months of expenditure, which at this year’s levels of activity is approximately £58,000. At 31 December 2025 the Charity had reserves of £60,147 (2024: £14,142) which meets the Trustees’ target reserves, equivalent to approximately 3.1 months of expenditure (2024: approximately 0.7 months. The Trustees are therefore satisfied that reserves are in line with the target. Of these reserves, the Trustees have designated £38,000 towards the awareness programme; because these funds remain unrestricted, they continue to be available to the Trustees should priorities change.
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MENUCHA LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
TRUSTEES’ ANNUAL REPORT (INCORPORATING DIRECTORS’ REPORT) continued
STRUCTURE, GOVERNANCE AND MANAGEMENT
The company was established under a Memorandum of Association and is governed under the Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. The Trustees are responsible for the overall governance and stewardship of the Charity. The Trustees employ two Clinical Directors responsible for day-to-day clinical management and leadership.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The Trustees' annual report was approved on 17 August 2026 and signed on behalf of the board of Trustees by:
L A Sanger Leah Aliza Sanger Trustee
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES
I report to the Trustees on my examination of the financial statements of Menucha Ltd (‘the Charity’ and for company law purposes, ‘the Company’) for the period ended 31 December 2025.
Responsibilities and basis of my report
As the Charity’s Trustees (who are also directors of the Company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention which give me reason to be believe that:
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Accounting records were not kept in accordance with section 386 of the 2006 Act; or
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The accounts do not accord with such records; or
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The accounts do not comply with relevant accounting requirements under section 396 of the Company Act 2006 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; or
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The accounts have not been prepared in accordance with the Charities SORP (FRS102).
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.
1g Accountants
1g Accountants Chartered Accountants Churchill House 137-139 Brent Street London NW4 4DJ
17 August 2026
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MENUCHA LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 STATEMENT OF COMPREHENSIVE FINANCIAL ACTIVITIES
| Note | 2025 | 2025 | 2025 | 2024 | ||||
| Restricted or designated |
Unrestricted | Total | Total funds |
|||||
| £ | £ | £ | £ | |||||
| Income | ||||||||
| Charitable activities | - | 25,927 | 25,927 | 60,272 | ||||
| Donations | 38,000 | 127,231 | 165,231 | 36,201 | ||||
| Grants | 87,757 - 125,757 125,757 - - - 125,757 - - 38,000 38,000 |
- 281 153,439 69,947 32,218 4,168 1,101 107,434 46,005 14,142 (38,000) 22,147 |
87,757 281 279,196 195,704 32,218 4,168 1,101 233,191 46,005 14,142 60,147 |
169,330 44 |
||||
| 265,847 | ||||||||
| 228,923 9,193 2,951 - |
||||||||
| 241,067 | ||||||||
| 24,780 | ||||||||
| (10,638) | ||||||||
| 14,142 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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MENUCHA LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 STATEMENT OF FINANCIAL POSITION
| Note Current assets Debtors 8 Cash at bank and in hand Total current assets Creditors: amounts falling due with one year 9 Net current assets / (liabilities) Total assets less current liabilities Net assets Funds of the charity Designated funds Unrestricted funds 10 Total charity funds |
2025 £ 568 80,842 81,410 (21,263) 60,147 60,147 60,147 38,000 22,147 60,147 |
2024 £ 1,707 24,488 26,195 (12,053) 14,142 14,142 14,142 - 14,142 14,142 |
|---|---|---|
For the period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No member has required the Company to obtain an audit for its financial statements for the year in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of Trustees and authorised for issue on 17 August 2026 and are signed on behalf of the board by:
L A Sanger
Leah Aliza Sanger
Director and Trustee
Company registration number: 12140175
The notes on the succeeding pages from part of these financial statements.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS
1. General Information
The Charity is a registered charity and a private company limited by guarantee, registered in England and Wales. The registered address is 32 Hamilton Road, London, NW11 9EJ. The liability of the members in the event of the charity being liquidated is limited to £1 each.
2.
Statement of compliance
The financial statements have been prepared in compliance with FRS102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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 (Charities SORP (FRS 102) and the Companies Act 2006.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in pound sterling, which is the functional currency of the Charity.
Going concern
In the opinion of the Trustees there is no material uncertainty about the ability of the Charity to continue as a going concern due to grant funding agreements and the ability to scale back the Charity’s expenditure rapidly in the event of a decline in available resources.
Disclosure exemption
The Charity qualifies for and has taken advantage of the exemption available under paragraph 1.12 of FRS102 from presenting a cash flow statement.
Key judgements and estimates
In the opinion of the Trustees there were no significant areas of judgement or estimate engaged when preparing the financial statements.
Fund accounting
The charity’s assets are split between unrestricted funds, which are available for use at the Trustee’s discretion in furtherance of the Charity’s objectives, and restricted funds, which are subject to specified conditions by donors as to how they may be used. Further details on the Charity’s restricted fund are presented in note 12 to the financial statements.
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (continued)
Incoming resources
Incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that economic benefits will pass to the charity; and that benefit can be reliably quantified. The following specific policies are applied to specific categories of income: -
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Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable, and the amount can be reliably quantified.
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Income from contributions from individuals is recognised when there is evidence that receipt is probable.
Resources expended
Expenditure is recognised on an accrual basis when incurred and is inclusive of value added tax.
Financial instruments
Basic financial instruments, being most current assets and liabilities, are measured at the cash or other consideration expected to be paid or received. Financing transactions are measured at the present value of future payments discounted at a market rate of interest for a similar debt instrument.
4. Income
| Income from charitable activities Therapy contributions receivable Event Income Total income from charitable activities Donations from individuals and total donations and legacies Grants received from other charities and total grants received Bank interest received and total investment income Total income received |
2025 Restricted - - - 38,000 87,757 - 125,757 |
2025 Unrestricted £ 11,839 14,088 25,927 127,231 - 281 153,439 |
2025 Total £ 11,839 14,088 25,927 165,231 87,757 281 279,196 |
2024 Total £ 31,246 29,026 |
|---|---|---|---|---|
| 60,272 | ||||
| 36,201 | ||||
| 169,330 | ||||
| 44 | ||||
| 265,847 |
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MENUCHA LTD
ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS (continued)
5. Expenditure
| Expenditure on charitable activities Therapy costs Training Doubtful debt Awareness & education Staff costs Insurance Helpline and telephone Bank fees Total expenditure on charitable activities Costs of raising funds Consultancy Advertising and events Total costs of raising funds Governance costs Accountancy and independent examination fees General costs Total expenditure on governance costs Finance costs Interest payable and total finance cost Total expenditure |
2025 Restricted funds £ 80,830 - - 1,077 43,850 - - - 125,757 - - - - - ` - - 125,757 |
2025 Unrestricted funds £ - 868 (7,174) 25,936 47,078 - 2,484 755 69,947 28,347 3,871 32,218 1,369 2,799 4,168 1,101 1,101 107,434 |
2025 Total funds £ 80,830 868 (7,174) 27,013 90,928 - 2,484 755 195,704 28,347 3,871 32,218 1,369 2,799 4,168 1,101 1,101 233,191 |
2024 Total funds £ 91,115 65 7,533 53,162 71,940 1,900 2,520 688 |
|---|---|---|---|---|
| 228,923 | ||||
| 8,143 1,050 |
||||
| 9,193 | ||||
| 1,250 1,701 |
||||
| 2,951 | ||||
| - | ||||
| 241,067 |
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
NOTES TO THE FINANCIAL STATEMENTS (continued)
Charitable expenditure analysed by activity type was as follows:
| Expenditure on charitable activities Therapy costs Training Doubtful debt Awareness & education Staff costs Insurance Helpline and telephone Bank fees Total expenditure on charitable activities |
2025 Activities undertaken directly £ 80,830 868 (7,174) 27,013 78,348 - 2,484 755 183,124 |
2025 Allocated Support costs £ - - - - 12,580 - - - 12,580 |
2025 Total funds £ 80,830 868 (7,174) 27,013 90,928 - 2,484 755 195,704 |
2024 Total funds £ 91,115 65 7,533 53,162 71,940 1,900 2,520 688 |
|---|---|---|---|---|
| 228,923 |
6. Staff costs
The average number of staff employed by the Charity during the year was 5 (2024: 4).
Staff costs are analysed as follows
| Salaries Employer national insurance Pension costs Self employed staff Other staff related expenses |
2025 £ 65,961 5,673 905 14,150 4,239 90,928 |
2024 £ 59,276 3,321 1,555 7,080 708 |
|---|---|---|
| 71,940 |
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025
No employee earned more than £60,000 in the current or prior year.
7. Net surplus
| Net surplus is stated after charging: Fees payable for the independent examination of the financial statements 8. Debtors Accounts receivable Other debtors |
2025 £ 1,369 2025 £ 458 110 568 |
2024 £ 1,250 2024 £ 1,192 515 |
|---|---|---|
| 1,707 |
Accounts receivable is stated net of a provision of £685 (2024: £7,859) against bad debt. Accounts receivable before this provision was £1,143 (2024: £9,051).
9. Creditors: amounts falling due with one year
| Trade creditors Accruals Bank loan Other creditors |
2025 £ 68 7,075 10,251 3,869 21,263 |
2024 £ - 5,156 - 6,897 |
|---|---|---|
| 12,053 |
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MENUCHA LTD ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025 NOTES TO THE FINANCIAL STATEMENTS (continued)
10. Restricted and designated funds
During the year grants in support of specifically designated charitable activities were received in the sum of £87,757 (2024: £169,330) and correspondingly £87,757 was expended (2024: £169,330). The fund balance was £nil (2024: £nil) at the year end.
The Trustees have elected to designate £38,000 of unrestricted funds to a specific program to raise awareness of postpartum mood disorders (2024: £nil). The funds remained unexpended at the financial year end, so the balance of restricted funds was £38,000 at the financial year end (2024: £nil), held wholly in cash.
11. Transactions with Trustees and related parties
No Trustee drew remuneration or expenses in the current or prior reporting period.
In aggregate the Trustees or those closely connected to them donated £264 (2024: £734) to the charity in the year.
A close relative of Alexis Jacques Dwek was remunerated £13,100 (2024: £3,493) for clinical lead services delivered during the year. In the opinion of the Trustees, the rate agreed was below the market rate for a person of similar experience and qualifications, and the arrangement was approved by the other independent Trustees as being in the best interests of the Charity. Mr Dwek recuses himself from Trustee decisions pertaining to his relative.
Blueprint London Ltd, a company in which Alexis Jacques Dwek served as director, advanced a short-term loan of £10,000 on 1 April 2025. The loan was interest free and repaid in full by the Charity on 9 May 2025.
12. Independent examiner’s fee
The independent examiner was remunerated as follows
| Independent examination of the financial statements | 2025 £ 1,369 1,369 |
2024 £ 1,250 |
|---|---|---|
| 1,250 |
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Issuer
1g Accountants
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Date
Action
Sun, 16th Aug 2026 21:57:56 BST Envelope generated with fingerprint bd8239a61a4b00a50cc2af5d1ad37d80 by sg@1gaccounts.uk (81.79.23.120) Sun, 16th Aug 2026 21:57:56 BST Document generated with fingerprint 7889d3cf8e76d84e1dda98ffc6d82c11 (81.79.23.120) Sun, 16th Aug 2026 21:57:56 BST Document generated with fingerprint ddf97c2420184e98e6593163ccc19724 (81.79.23.120) Sun, 16th Aug 2026 21:57:56 BST Document generated with fingerprint def247af66f95d132ff2d46e4cd4b531 (81.79.23.120) Sun, 16th Aug 2026 21:57:56 BST Document generated with fingerprint a3d59b3adfb80fbbd2d115358e4e1ce9 (81.79.23.120) Sun, 16th Aug 2026 21:58:31 BST Leah Aliza Sanger has been assigned to this envelope. (81.79.23.120) Sun, 16th Aug 2026 21:58:31 BST Shaya Grosskopf has been assigned to this envelope. (81.79.23.120) Sun, 16th Aug 2026 22:03:03 BST Sent the envelope to Leah Aliza Sanger (officeadmin@menucha.info) for signing (81.79.23.120) Sun, 16th Aug 2026 22:03:04 BST Document emailed to officeadmin@menucha.info Mon, 17th Aug 2026 10:43:29 BST Leah Aliza Sanger opened the document email. (66.249.93.71) Mon, 17th Aug 2026 10:43:30 BST Leah Aliza Sanger opened the document email. (66.249.93.64) Mon, 17th Aug 2026 10:43:35 BST Leah Aliza Sanger viewed the envelope (185.9.212.177) Mon, 17th Aug 2026 10:44:10 BST Leah Aliza Sanger signed the envelope (185.9.212.177) Mon, 17th Aug 2026 10:44:10 BST Sent the envelope to Shaya Grosskopf (sg@1gaccounts.uk) for signing (185.9.212.177)
Document emailed to sg@1gaccounts.uk
Mon, 17th Aug 2026 10:44:10 BST