Charity registration number: 1205321
CHASDEI SHAYALA TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
Brindley Goldstein Limited 103 High Street Waltham Cross EN8 7AN
Chasdei Shayala 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—11 |
Chasdei Shayala Trustees' Report For The Year Ended 30 September 2025
The trustees present their report and the financial statements for the year ended 30 September 2025.
Objectives and Activities
Aims and Objectives
The Charity's objective is to help individuals in need by way of providing food packages and/or financial grants.
Public Benefit
The trustees confirm their compliance with the duty to have regard to the Public Benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives in planning future activities.
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.
Reference and Administrative Details
Trustees
Mr Michael Shelton Mrs Ruth Freilich Mr Avraham Haim Nae
Charity Number
1205321
Principal Address
65 Green Lane London NW4 2AG
Independent Examiner
Brindley Goldstein Limited 103 High Street Waltham Cross EN8 7AN
Page 1
Chasdei Shayala Trustees' Report (continued) For The Year Ended 30 September 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr Michael Shelton Trustee 28th July 2026
Page 2
Chasdei Shayala Independent Examiner's Report to the Trustees of Chasdei Shayala For The Year Ended 30 September 2025
I report to the trustees on my examination of the accounts of Chasdei Shayala (the Trust) for the year ended 30 September 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 Institute of Chartered Accountants in England and Wales, 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
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the accounts do not accord with those records; or
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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.
Brindley Goldstein Limited 28th July 2026 103 High Street Waltham Cross EN8 7AN
Page 3
Chasdei Shayala Statement of Financial Activities For The Year Ended 30 September 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Charitable activities: 4 Charitable activities NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9 |
30 September 2025 Unrestricted funds £ 369,589 |
30 September 2024 Unrestricted funds £ 400,481 |
|---|---|---|
| (355,940) | (394,567) | |
| 13,649 | 5,914 | |
| 13,649 5,914 |
5,914 - |
|
| 19,563 | 5,914 |
The notes on pages 7 to 11 form part of these financial statements.
Page 4
Chasdei Shayala Statement of Financial Position As At 30 September 2025
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 8 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 9 On behalf of the board Mr Michael Shelton Trustee 28th July 2026 |
30 September 2025 Unrestricted funds £ 22,683 |
30 September 2024 Total funds £ 7,474 |
|---|---|---|
| 22,683 (3,120) |
7,474 (1,560) |
|
| 19,563 | 5,914 | |
| 19,563 | 5,914 | |
| 19,563 | 5,914 | |
| 19,563 | 5,914 | |
| 19,563 | 5,914 | |
The notes on pages 7 to 11 form part of these financial statements.
Page 5
Chasdei Shayala Statement of Cash Flows For The Year Ended 30 September 2025
| Notes Cash flows from operating activities Net cash generated from operations 1 Net cash generated from operating activities Increase in cash and cash equivalents Cash and cash equivalents at beginning of year 2 Cash and cash equivalents at end of year 2 |
30 September 2025 £ 15,209 15,209 15,209 7,474 22,683 |
30 September 2024 £ 7,474 |
|---|---|---|
| 7,474 | ||
| 7,474 - |
||
| 7,474 |
Page 6
Chasdei Shayala Notes to the Statement of Cash Flows For The Year Ended 30 September 2025
1. Reconciliation of income to cash generated from operations
| . Reconciliation of income to cash generated from operations |
||
|---|---|---|
| Net income Movements in working capital: Increase in trade and other creditors Net cash generated from operations |
30 September 2025 £ 13,649 1,560 15,209 |
30 September 2024 £ 5,914 1,560 |
| 7,474 |
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:
| 30 September 2025 £ Cash at bank and in hand 22,683 3. Analysis of changes in net funds As at 1 October 2024 Cash flows £ £ Cash at bank and in hand 7,474 15,209 |
30 September 2024 £ 7,474 |
|---|---|
| As at 30 September 2025 £ 22,683 |
Page 7
Chasdei Shayala Notes to the Financial Statements For The Year Ended 30 September 2025
1. General Information
Chasdei Shayala is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1205321. The principal address is 65 Green Lane, London, NW4 2AG.
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. Incoming Resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular 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 its amount can be measured reliably.
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legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
2.3. Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
2.4. 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.
3. Income from Donations and Legacies
Page 8
Chasdei Shayala Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
| Donations and gifts 4. Analysis of Expenditure Charitable activities Charitable activities 5. Support Costs General administration Governance costs General administration Governance costs |
Activities undertaken directly £ 351,490 |
30 September 2025 Unrestricted funds £ 369,589 |
30 September 2024 Unrestricted funds £ 400,481 |
|---|---|---|---|
| Support costs (see note 5) £ 4,450 |
30 September 2025 Total £ 355,940 |
||
| Activities undertaken directly £ 389,310 |
Support costs (see note 5) £ 5,257 |
30 September 2024 Total £ 394,567 |
|
| 30 September 2025 Charitable activities £ 2,890 1,560 |
|||
| 4,450 | |||
| 30 September 2024 Charitable activities £ 897 4,360 |
|||
| 5,257 |
Page 9
Chasdei Shayala Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
- Independent Examiner's Remuneration
| . Independent Examiner's Remuneration |
. Independent Examiner's Remuneration |
|||
|---|---|---|---|---|
| Independent examination of the financial statements . Average Number of Employees verage number of employees during the year was: NIL (2024: NIL) . Creditors: Amounts Falling Due Within One Year Trade creditors Accruals and deferred income . Movement in Funds As at 1 October 2024 £ Unrestricted funds General: General unrestricted fund 5,914 Total funds 5,914 As at 20 October 2023 £ Unrestricted funds General: General unrestricted fund - Total funds - |
30 September 2025 £ 1,560 30 September 2025 £ 1,560 1,560 3,120 Income Expenditure £ £ 369,589 (355,940) 369,589 (355,940) Income Expenditure £ £ 400,481 (394,567) 400,481 (394,567) |
30 September 2024 £ 1,560 |
||
| 30 September 2024 £ - 1,560 |
||||
| 1,560 | ||||
| As at 30 September 2025 £ 19,563 |
||||
| 5,914 | 369,589 | (355,940) | 19,563 | |
| As at 20 October 2023 £ - |
Income £ 400,481 |
Expenditure £ (394,567) |
As at 30 September 2024 £ 5,914 |
|
| - | 400,481 | (394,567) | 5,914 |
7. Average Number of Employees
Average number of employees during the year was: NIL (2024: NIL)
8. Creditors: Amounts Falling Due Within One Year
9. Movement in Funds
10. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
Page 10
Chasdei Shayala Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
11. Related Party Disclosures
The Charity received donations from connected Charity's during the year of £22,985 (2024: £60,710) and made donations to such Charity's of £8,260 (2024: £59,658).
Page 11