2025-05-31-accounts - Keren Yeshaye

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Charity registration number: 1195834

KEREN YESHAYE TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

Keren Yeshaye Contents

	Page
Trustees' Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities	4
Statement of Financial Position	5
Statement of Cash Flows	6
Notes to the Statement of Cash Flows	7
Notes to the Financial Statements	8—10
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities	11

Keren Yeshaye Trustees' Report For The Year Ended 31 May 2025

The trustees present their report and the financial statements for the year ended 31 May 2025.

Objectives and Activities

Aims and Objectives

The charity is to help those struggling, not on a day-to-day basis, but when there are out-of-the-box expenses, i.e. marrying off a child, an unwell member in the family, bereavement and more. Since those are usually large expenses, something that even a well-balanced, financially organised person will struggle with.

Public Benefit

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Achievements and Performance

Main Achievements

The charity received £931,373 (2024: £527,193) in donations during the year. We wish to thank all our donors and funders.

The charity’s expenditure during the year amounted to £940,113 (2024: £529,500), primarily for the delivery of charitable activities as well as associated governance and support costs.

The trustees are satisfied with the growth of the charity and balances of funds.

Future Plans

The charity intends to expand its fundraising activities and secure additional grant funding in order to enhance its ability to support individuals in need.

Financial Review

Reserves Policy

The trustees retain reserves as necessary and, where appropriate, consolidate funds in order to provide activities to its users they feel to be appropriate. At the period end, the charity held unrestricted reserves of £3,622.

Reference and Administrative Details

Trustees

M H Kahan Y Arberman

Charity Number

1195834

Principal Address

52 Cranwich Road London N16 5JN

Independent Examiner

Samuel Feigenblatt FCCA LONDON ACCOUNTING GROUP LTD 5 North End Road London NW11 7RJ

Page 1

Keren Yeshaye Trustees' Report (continued) For The Year Ended 31 May 2025

The trustees' report was approved by the board of trustees and signed on its behalf by:

M H Kahan Trustee 31/03/2026

Page 2

Keren Yeshaye Independent Examiner's Report to the Trustees of Keren Yeshaye For The Year Ended 31 May 2025

I report to the trustees on my examination of the accounts of Keren Yeshaye (the Trust) for the year ended 31 May 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, 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:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and contents 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.

Samuel Feigenblatt FCCA 31/03/2026 5 North End Road London NW11 7RJ

Page 3

Keren Yeshaye Statement of Financial Activities For The Year Ended 31 May 2025

Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 4 Charitable activities: 4 Charitable activities Support costs Governance costs NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8	2025 Unrestricted funds £ 931,373	2024 Unrestricted funds £ 527,193
	1 (936,107) (1,194) (2,812)	- (525,225) (1,272) (3,003)
	(940,112)	(529,500)
	(8,739)	(2,307)
	(8,739) 12,361	(2,307) 14,668
	3,622	12,361

The notes on pages 7 to 10 form part of these financial statements.

Page 4

Keren Yeshaye Statement of Financial Position As At 31 May 2025

Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 7 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 8 On behalf of the board M H Kahan Trustee 31/03/2026	2025 Unrestricted funds £ 6,081	2024 Total funds £ 14,281
	6,081 (2,459)	14,281 (1,920)
	3,622	12,361
	3,622	12,361
	3,622	12,361
	3,622	12,361
	3,622	12,361

The notes on pages 7 to 10 form part of these financial statements.

Page 5

Keren Yeshaye Statement of Cash Flows For The Year Ended 31 May 2025

Notes Cash flows from operating activities Net cash used in operations 1 Net cash used in operating activities Decrease in cash and cash equivalents Cash and cash equivalents at beginning of year 2 Cash and cash equivalents at end of year 2	2025 £ (8,200) (8,200) (8,200) 14,281 6,081	2024 £ (387)
		(387)

		(387) -
		(387)

Page 6

Keren Yeshaye Notes to the Statement of Cash Flows For The Year Ended 31 May 2025

Reconciliation of expenditure to cash used in operations

. Reconciliation of expenditure to cash used in operations
Net expenditure Movements in working capital: Increase in trade and other creditors Net cash used in operations	2025 £ (8,739) 539 (8,200)	2024 £ (2,307) 1,920
		(387)

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

2025 £ Cash at bank and in hand 6,081 . Analysis of changes in net funds As at 1 June 2024 Cash flows £ £ Cash at bank and in hand 14,281 (8,200)	2024 £ 14,281
	As at 31 May 2025 £ 6,081

Analysis of changes in net funds

Page 7

Keren Yeshaye Notes to the Financial Statements For The Year Ended 31 May 2025

1. General Information

Keren Yeshaye is an unincorporated charity registered with the Charity Commission, registered charity number 1195834. The principal address is 52 Cranwich Road, London, N16 5JN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 charity is a Public Benefit Entity as defined by FRS 102.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

2.3. Incoming Resources

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

2.4. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.6. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

3. Income from Donations and Legacies

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	931,373	527,193

4. Analysis of Expenditure

Raising funds Charitable activities Support costs Governance costs	Activities undertaken directly £ - - 1,194 -	Grant funding of activities £ - 936,107 - -	Support costs (see note 5) £ (1) - - 2,812	2025 Total £ (1) 936,107 1,194 2,812
	1,194	936,107	2,811	940,112

Page 8

Keren Yeshaye Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

Activities undertaken directly £ - 1,222 -	Grant funding of activities £ 525,225 - -	Support costs (see note 5) £ - 50 3,003	2024 Total £ 525,225 1,272 3,003
1,222	525,225	3,053	529,500
	Raising funds £ (1)	Governance costs £ 2,812	2025 Total £ 2,811
	Support costs £ 50	Governance costs £ 3,003	2024 Total £ 3,053

Average Number of Employees

Average number of employees during the year was: NIL (2024: NIL)

Creditors: Amounts Falling Due Within One Year

. Creditors: Amounts Falling Due Within One Year
Other creditors Accruals and deferred income . Movement in Funds Unrestricted funds General: General unrestricted fund Total funds	As at 1 June 2024 £ 12,361	Income £ 931,373	2025 £ (1) 2,460 2,459 Expenditure £ (940,112)	2024 £ - 1,920
				1,920
				As at 31 May 2025 £ 3,622
	12,361	931,373	(940,112)	3,622

Movement in Funds

Page 9

Keren Yeshaye Notes to the Financial Statements (continued) For The Year Ended 31 May 2025

Unrestricted funds General: General unrestricted fund Total funds	As at 1 June 2023 £ 14,668	Income £ 527,193	Expenditure £ (529,500)	As at 31 May 2024 £ 12,361
	14,668	527,193	(529,500)	12,361

9. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

2025	2024
£	£

10. Related Party Disclosures

Page 10

Keren Yeshaye Detailed Statement of Financial Activities For The Year Ended 31 May 2025

INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts EXPENDITURE ON: Raising funds Bank charges Charitable Activities: Charitable activities Grants to individuals Support costs Hire and leasing of plant, equipment and vehicles Telecommunications and data costs Governance costs Accountancy fees Bank charges NET EXPENDITURE	2025 Total funds £ 931,373	2024 Total funds £ 527,193
	931,373	527,193
	931,373 1	527,193 -
	1 (936,107)	- (525,225)
	(936,107) (1,194) -	(525,225) (1,222) (50)
	(1,194) (1,440) (1,372)	(1,272) (1,140) (1,863)
	(2,812)	(3,003)
	(940,112)	(529,500)
	(8,739)	(2,307)

Page 11