**CHARITY REGISTRATION NUMBER: 1198438** ## **LEHISVADA** **Unaudited Financial Statements 31 March 2025** ## **LEHISVADA Financial Statements Period ending 31 March 2025** ||**Page**| |---|---| |Report of the Trustees|**1 to 2**| |Independent Examiner's Report|**3**| |Statement of Financial Activities|**4**| |Statement of Financial Position|**5**| |Notes to the Financial Statements|**6 to 8**| ## **LEHISVADA Trustees' Annual Report Period ending 31 March 2025** ## **REFERENCE AND ADMINISTRATIVE DETAILS** |**Trustees**|Mr M Deutsch| |---|---| ||Mr Y Feldman| ||Mr S Rubinfeld| |**Charity number**|1198438| |**Principal office**|35 Heathland Road| ||London| ||N16 5PG| Page 1 ## **LEHISVADA Trustees' Annual Report Period ending 31 March 2025** The trustees present their report and the unaudited financial statements of the charity for the period ending 31 March 2025. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is governed by a Declaration of Trust. ## **Organisational structure** The power to appoint new trustees is vested in the current board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trusees will apply suitable recruitment induction and training procedures. The trustees adminster the day to day running of the charity. ## **Risk review** The trustees confirm that there are no major risks to which the charity is exposed. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objects of the charity are: The advancement of the Jewish religion for the public benefit, by the provision of religious education and facilities for religious education and study. The trustees have considered the Charity Commission's general guidance on public benefit. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The trustees are pleased with the results of the year. The charity managed to raise the necessary funds required to reach their charitable objectives. ## **STRATEGIC REPORT** ## **Reserve policy** The trustees retain reserves as necessary and where appropriate, consolidate funds in order to make more substantial grants which they feel to be appropriate. ## **Future developments** There are no current plans to change the activities or modus operandi in the forseeable future. Approved by order of the board of trustees on 27 January 2026 and signed on its behalf by: Mr S Rubinfeld Trustee Page 2 ## **LEHISVADA Independent examiner's report to the trustees on the unaudeted financial statements Period ending 31 March 2025** ## **Independent examiner's report to the trustees of Lehisvada ('the charity')** I report to the charity trustees on my examination of the financial statements of the charity for the period ending 31 March 2025. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of your charity's financial statements as carried out under section 145 of 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 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: - 1 accounting records were not kept in respect of the charity as required by section 130 of the Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content 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 financial statements to be reached. Stone & Co. Services Ltd 3 Norfolk Avenue London N15 6JX 27 January 2026 Page 3 ## **LEHISVADA Statement of Financial Activities Period ending 31 March 2025** |2025
Unrestricted
funds
**Note**
£
**INCOME AND ENDOWMENTS**
Donations and grants**4**
315,050
**Total income**
315,050
**EXPENDITURE ON**
Expenditure on charitable activities**5,6**
311,969
**Total expenditure**
311,969
**NET INCOME/(EXPENDITURE)**
3081
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
(1,132)
**TOTAL FUNDS CARRIED FORWARD**
1949|2025
Restricted
funds
£
-
-
-
-
-|**2025**
**Total**
**funds**
**£**
**315,050**
**315,050**
**311,969**
**311,969**
**3081**
**(1,132)**
**1949**|2024
Total
funds
£
118,097
118,097
118,785
118,785
(688)
(444)
(1,132)| |---|---|---|---| ## **CONTINUING OPERATIONS** All income and expenditure has arisen from continuing activities. Page 4 ## **LEHISVADA Statement of Financial Position Period ending 31 March 2025** |Notes
**FIXED ASSETS**
Tangible fixed assets
**8**
**CURRENT ASSETS**
Debtors
Cash at bank
**CREDITORS**
**Amounts falling due within one year**
**9**
**NET CURRENT LIABILITIES**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**£**
**£**
**2,662**
**4,656**
**74**
**4,730**
**(5,443)**
**(713)**
**1949**
**1949**
**1949**
**-**
**1949**
**2025**|2024
£
2,486
729
1,802
2,531
(6,149)
(3,618)
(1,132)
(1,132)
(1,132)
-
(1,132)| |---|---|---| The financial statements were approved by the Board of Trustees on 27 January 2026 and were signed on its behalf by: Mr S Rubinfeld Page 5 ## **LEHISVADA Notes to the financial statements Period ending 31 March 2025** ## **1 GENERAL INFORMATION** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 35 Heathland Road, London, N16 5PG. ## **2 STATEMENT OF COMPLIANCE** These financial statements have been prepared in compliance with FRS 102, '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 (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. ## **3 ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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. ## **Tangible fixed assets and depreciation** Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Furniture 25% reducing balance basis. IT Equipment 33% reducing balance basis. Plant & Machinery 15% reducing balance basis. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 ## **LEHISVADA** ## **Notes to the Financial Statements (continued) Period ending 31 March 2025** ## **4 DONATIONS AND GRANTS** |Unrestricted
Funds
£
Donations received
315,050
Grants received
-
315,050
**5 EXPENDITURE ON CHARITABLE ACTIVITIES BY**
Unrestricted
Funds
£
Stipends
211,677
Distribution costs
47,612
Support costs
52,680
311,969
**6 EXPENDITURE ON CHARITABLE ACTIVITIES BY**
Direct
Costs
£
Stipends
211,677
Office Expenses
Wages
Interest Payable
Governance Costs
Distribution Costs
47,612
259,289|Restricted
**Total Funds**
Funds
**2025**
£
**£**
**315,050**
-
**-**
-
**315,050**
**FUND TYPE**
Restricted
**Total Funds**
Funds
**2025**
£
**£**
-
**211,677**
-
**47,612**
-
**52,680**
-
**311,969**
**ACTIVITY TYPE**
Support
**Total Funds**
Costs
**2025**
£
**£**
**211,677**
16,366
**16,366**
21,744
**21,744**
1,137
**1,137**
13,433
**13,433**
**47,612**
52,680
**311,969**|Total Funds
2024
£
118,097
118,097
Total Funds
2024
£
54,587
-
64,198
118,785
Total Funds
2024
£
54,587
20,606
17,640
777
11,917
13,258
118,785| |---|---|---| ## **7 TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ending 31 March 2025. ## **Trustees' expenses** There were no trustees' expenses paid for the period ending 31 March 2025. Page 7 ## **LEHISVADA** ## **Notes to the Financial Statements (continued) Period ending 31 March 2025** ## **8 TANGIBLE FIXED ASSETS** |**Cost**
At 1 April 2024
Additions
**At 31 March 2025**
**Depreciation**
At 1 April 2024
Charge for the period
**At 31 March 2025**
**Carrying amount**
**At 31 March 2025**
At 31 March 2024|Plant and
machinery
£
-
2,463
2,463
-
369
369
2,094
-|IT Equipment
£
3,756
1,667
-
2,089
1,502
193
1,695
394
2,254|Fixtures and
fittings
£
310
-
310
78
58
136
174
232|**Total**
**£**
**4,066**
**796**
**4,862**
**1,580**
**620**
**2,200**
**2,662**
2,486| |---|---|---|---|---| ## **9 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Credit cards
Other creditors
Accruals and deferred income|**2025**
**£**
4,343
-
1,100
5,443|2024
£
3,747
1,502
900
6,149| |---|---|---| ## **10 RELATED PARTY DISCLOSURES** There were no related party transactions for the period ending 31 March 2025. Page 8