**COMPANY REGISTRATION NUMBER: 13826559 CHARITY REGISTRATION NUMBER: 1202159**
**KOLLEL MESIVTA LTD Company Limited by Guarantee Unaudited Financial Statements 31 January 2025**
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Financial Statements 31 January 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 10**|
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Trustees' Annual Report**
## **31 January 2025**
The trustees present their report and the unaudited financial statements of the charity for the period ending 31 January 2025.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
|**Registered charity name**|Kollel Mesivta Ltd|
|---|---|
|**Charity number**|1202159|
|**Company number**|13826559|
|**Principal office**|184a Lordship Road|
||London|
||N16 5ES|
|**Trustees**|Mr Aharon Yitzchok Royde|
||Mr Martin Imann|
||Mr Jacob Grosz|
||Mr Victor Fried|
|**Bankers**|Lloyds Bank PLC|
||98 Victoria Street|
||London|
||SW1E 5JL|
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 4 January 2022.
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.
The trustees confirm that there are no major risks to which the charity is exposed.
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. 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).
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## **KOLLEL MESIVTA LTD Company Limited by Guarantee Trustees' Annual Report (incorporation directors' report)**
## **31 January 2025**
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objects of the charity are:
1. Helping disadvantaged people with access to grants, food packages and financial support , whether directly or through other organisations in the UK and/or abroad.
2. To promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the laws of England and Wales.
## **Activities**
During the year the charity continued its philanthropic ativities in support of education, religion and other charitable institutions in accordance with the guidance of the Charity Commission relating to public benefit.
## **STRATEGIC REPORT**
The following sections for achievements and performance and financial review form the strategic report of the charity.
## **Achievements and performance**
The trustees are pleased with the results of the year. The charity managed to raise the necessary funds required to reach their charitable objectives.
The trustees have considered the Charity Commission's general guidance on public benefit.
## **Financial Review**
Total incoming resources were £31,489. Total resources expended were £21,807.
The financial results of the charity's activities for the year to 31 January 2025 are fully reflected in the attached Financial Statements together with the Notes thereon.
## **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.
As at 31 January 2025, the charity had free reserves of £10,077.
## **Future developments**
There are no current plans to change the activities or modus operandi in the forseeable future.
The trustees' annual report and the strategic report were approved on 2 September 2025 and signed on behalf of the board of trustees by:
Mr V Fried Trustee
Page 2
## **KOLLEL MESIVTA LTD Company Limited by Guarantee**
## **Independent examiner's report to the trustees on the unaudeted financial statements**
## **31 January 2025**
## **Independent examiner's report to the trustees of Kollel Mesivta Ltd ('the charity')**
I report to the charity trustees on my examination of the financial statements of the charity for the period ending 31 January 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
2 September 2025
Page 3
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Statement of Financial Activities**
## **31 January 2025**
|Unrestricted
funds
**Note**
**£**
**INCOME AND ENDOWMENTS**
Donations and grants**4**
894
**Total income**
894
**EXPENDITURE**
Expenditure on charitable activities**5,6**
(572)
**Total expenditure**
(572)
**NET INCOME/(EXPENDITURE)**
322
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
475
**TOTAL FUNDS CARRIED FORWARD**
797|Restricted
funds
**£**
30,595
30,595
(21,235)
(21,235)
9,360
(80)
9,280
**2025**|**Total**
**funds**
**£**
**31,489**
**31,489**
**(21,807)**
**(21,807)**
**9,682**
**395**
**10,077**|2024
Total
Funds
£
12,680
12,680
(21,985)
(21,985)
(9,305)
9,700
395|
|---|---|---|---|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
Page 4
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Statement of Financial Position 31 January 2025**
|**Note**
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
**Amounts falling due within one year**
**8**
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**£**
**£**
**11,217**
**11,217**
**(1,140)**
**10,077**
**10,077**
**10,077**
**797**
**9,280**
**10,077**
**2025**|2024
£
1,055
1,055
(660)
395
395
395
475
(80)
395|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
The financial statements were approved by the Board of Trustees on 2 September 2025 and were signed on its behalf by:
V Fried -Trustee
Page 5
**31 January 2025**
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Notes to the financial statements**
## **1 GENERAL INFORMATION**
The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 184a Lordship Road, London, N16 5ES.
## **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.
## **ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The Trustees do not consider there are any critical judgements or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.
## **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.
## **Taxation**
The charity is exempt from tax on its charitable activities.
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**KOLLEL MESIVTA LTD Company Limited by Guarantee Notes to the financial statements 31 January 2025**
## **3 ACCOUNTING POLICIES** _**(continued)**_
## **Incoming resources**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
## **Resources expended**
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.
## **Grants payable**
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
## **Financial instruments**
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
## **4 DONATIONS AND GRANTS**
|Donations received
Grants received|Unrestricted
Funds
£
894
-
894|Restricted
Funds
£
-
30,595
30,595|**Total Funds**
**2025**
**£**
**894**
**30,595**
**31,489**|Total funds
2024
£
2,680
10,000
12,680|
|---|---|---|---|---|
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## **KOLLEL MESIVTA LTD Company Limited by Guarantee Notes to the Financial Statements (continued) 31 January 2025**
## **5 EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE**
|Unrestricted
Funds
£
Charitable activities
-
Support costs
572
572
**EXPENDITURE ON CHARITABLE ACTIVITIES BY**
Direct
Costs
£
Charitable activities
20,510
Support costs
-
20,510|Restricted
**Total Funds**
Funds
**2025**
£
**£**
20,510
**20,510**
725
**1,297**
21,235
**21,807**
**ACTIVITY TYPE**
Support
**Total Funds**
Costs
**2025**
£
**£**
-
**20,510**
1,297
**1,297**
1,297
**21,807**|Total Funds
2024
£
20,680
1,305
21,985
Total Funds
2024
£
20,680
1,305
21,985|
|---|---|---|
## **6 EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE**
## **7 TRUSTEES' REMUNERATION AND BENEFITS**
No salaries or wages have been paid to employees, including the trustees, during the year.
## **Trustees' expenses**
The charity did not meet any individual expenses incurred by the trustees for services provided to the charity.
## **8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Accruals and deferred income|**2025**
**£**
**1,440**
**1,440**|2024
£
660
660|
|---|---|---|
Page 8
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Notes to the Financial Statements (continued) 31 January 2025**
## **9 ANALYSIS OF CHARITABLE FUNDS**
## **Unrestricted funds**
|General funds
General funds
**Designated funds**
Restricted funds
Restricted funds|At
1 February
2024
£
475
At
1 February
2023
£
(300)
At
1 February
2024
£
(80)
At
1 February
2023
£
10,000|Income
£
894
Income
£
2,680
Income
£
30,595
Income
£
10,000|Expenditure
£
(572)
Expenditure
£
(1,905)
Expenditure
£
(21,235)
Expenditure
£
(20,080)|**At**
**31 January**
**2025**
**£**
**797**
At
31 January
2024
£
475
**At**
**31 January**
**2025**
**£**
**9,280**
At
31 January
2024
£
(80)|
|---|---|---|---|---|
Page 9
## **KOLLEL MESIVTA LTD Company Limited by Guarantee Notes to the Financial Statements (continued) 31 January 2025**
## **10 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Current assets
Creditors less than 1 year
Current assets
Creditors less than 1 year|Unrestricted
Funds
£
1,937
(1,140)
797
Unrestricted
Funds
£
1,135
(660)
475|Designated
Funds
£
9,280
-
9,280
Designated
Funds
£
(80)
(80)|**Total Funds**
**2025**
**£**
**11,217**
**(1,140)**
**10,077**
Total Funds
2024
**£**
1,055
(660)
395|
|---|---|---|---|
## **11 RELATED PARTY DISCLOSURES**
There were no related party transactions this year.
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