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2025-07-31-accounts

Company registration number: 13516804 Charity registration number: 1205888

ATERES SEMINARY LONDON LIMITED TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Brindley Goldstein Limited 103 High Street Waltham Cross EN8 7AN

Ateres Seminary London Limited Contents

Page
Trustees' Report 1—2
Independent Examiner's Report 3
Statement of Financial Activities (including Income and Expenditure Account) 4
Balance Sheet 5
Notes to the Financial Statements 6—9
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities (including Income and Expenditure Account) 10

Ateres Seminary London Limited Company No. 13516804 Trustees' Report For The Year Ended 31 July 2025

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

Objectives and Activities

Aims and Objectives

The objectives of the charity are the to act as a resource for children and young people up to the age of 25 in the United Kingdom by providing advice and assistance and organising programmes of physical, educational and other activities as a means of;

advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.

advancing education.

providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

Public Benefit

The trustees confirm that they have given due regard the Charity Commission's guidance on 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.

Reference and Administrative Details

Trustees

Mrs Leah Orzel Mr Mordechai Weinberg Mrs Jessica Zwiebel

Charity Number

1205888

Company Number

13516804

Principal Address

16 Grangecourt Road London N16 5EG

Independent Examiner

Brindley Goldstein Limited 103 High Street Waltham Cross EN8 7AN

Page 1

Ateres Seminary London Limited Trustees' Report (continued) For The Year Ended 31 July 2025

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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

Mrs Leah Orzel Trustee 21st May 2026

Page 2

Ateres Seminary London Limited Independent Examiner's Report to the Trustees of Ateres Seminary London Limited For The Year Ended 31 July 2025

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors 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 under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your 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

Since the Company’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 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 Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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 21st May 2026 103 High Street Waltham Cross EN8 7AN

Page 3

Ateres Seminary London Limited Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities:
Charitable activities
EXPENDITURE ON:
Charitable activities:
4
Charitable activities
NET INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
11		 2025
Unrestricted
funds
£
71,290
232,625		 2024
Unrestricted
funds
£
33,806
74,150
303,915 107,956
(302,514) (98,617)
1,401 9,339
1,401
9,339		 9,339
-
10,740 9,339

The notes on pages 6 to 9 form part of these financial statements.

Page 4

Ateres Seminary London Limited Balance Sheet As At 31 July 2025

Notes
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
10
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
TOTAL FUNDS
11		 2025
Unrestricted
funds
£
28,628
13,030		 2024
Total
funds
£
21,000
631
41,658
(30,918)		 21,631
(12,292)
10,740 9,339
10,740 9,339
10,740 9,339
10,740 9,339
10,740 9,339

For the year ending 31 July 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mrs Leah Orzel Trustee 21st May 2026

The notes on pages 6 to 9 form part of these financial statements.

Page 5

Ateres Seminary London Limited Notes to the Financial Statements For The Year Ended 31 July 2025

1. General Information

Ateres Seminary London Limited is a company limited by guarantee, incorporated in England & Wales, registered number 13516804 and registered charity number 1205888. The registered office is .

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 Companies Act 2006.

The charitable company 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:

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:

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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 10% Straight Line Basis

Page 6

Ateres Seminary London Limited Notes to the Financial Statements (continued) For The Year Ended 31 July 2025

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.

3. Income from Donations and Legacies

.
Income from Donations and Legacies
2025 2024
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts 71,290 33,806

4. Analysis of Expenditure

.
Analysis of Expenditure
Charitable activities
Charitable activities
.
Support Costs
Employee costs
Premises expenses
General administration
Governance costs
Employee costs
Premises expenses
General administration
Governance costs		 Activities
undertaken
directly
£
214,243		 Support
costs
(see note 5)
£
88,271		 2025
Total
£
302,514
Activities
undertaken
directly
£
64,660		 Support
costs
(see note 5)
£
33,957		 2024
Total
£
98,617
2025
Charitable
activities
£
7,237
16,553
63,041
1,440
88,271
2024
Charitable
activities
£
1,337
10,233
20,947
1,440
33,957

5. Support Costs

Page 7

Ateres Seminary London Limited Notes to the Financial Statements (continued) For The Year Ended 31 July 2025

6. Independent Examiner's Remuneration

6.
Independent Examiner's Remuneration
Independent examination of the financial statements
7.
Staff Costs
Staff costs were as follows:
Wages and salaries		 2025
£
1,440
2025
£
78,226		 2024
£
1,440
2024
£
18,276

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

8. Average Number of Employees

Average number of employees during the year was: 10 (2024: 4)

9. Debtors

.
Debtors
Due within one year
Other debtors
0.
Creditors: Amounts Falling Due Within One Year
Trade creditors
Other creditors
Taxation and social security
Accruals and deferred income
1.
Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Total funds		 As at 1
August 2024
£
9,339		 Income
£
303,915		 2025
£
28,628
2025
£
1,764
26,877
837
1,440
30,918
Expenditure
£
(302,514)		 2024
£
21,000
2024
£
-
10,767
85
1,440
12,292
As at 31 July
2025
£
10,740
9,339 303,915 (302,514) 10,740

10. Creditors: Amounts Falling Due Within One Year

11. Movement in Funds

Page 8

Ateres Seminary London Limited Notes to the Financial Statements (continued) For The Year Ended 31 July 2025

Unrestricted funds
General:
General unrestricted fund
Total funds		 As at 1
August 2023
£
-		 Income
£
107,956		 Expenditure
£
(98,617)		 As at 31 July
2024
£
9,339
- 107,956 (98,617) 9,339

12. 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.

13. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

14. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 9

Ateres Seminary London Limited Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 July 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and gifts
Charitable Activities:
Charitable activities
Income from charitable activities
EXPENDITURE ON:
Charitable Activities:
Charitable activities
Courses.
Events.
Lectures.
Trips.
Wages and salaries
Other courses
Food and entertainment
Light and heat
Cleaning
Computer and IT repairs and maintenance
Repairs, renewals and maintenance
Insurance
Printing, postage and stationery
Transportation costs
Telecommunications
Legal and professional fees
Subscriptions
Bank charges
Other office costs
Sundry expenses
Safety certificates
Administration charges
Independent examiner's fees
NET INCOME		 2025
Total
funds
£
71,290		 2024
Total
funds
£
33,806
71,290
232,625		 33,806
74,150
232,625 74,150
303,915
(36,422)
(20,347)
(40,725)
(38,523)
(78,226)
(648)
(6,589)
(13,437)
(3,116)
(851)
(8,109)
(98)
(893)
(10,523)
(3,188)
-
(25)
(1,146)
(5,827)
-
(1,824)
(30,557)
(1,440)		 107,956
(5,861)
(8,217)
(16,219)
(16,087)
(18,276)
(29)
(1,308)
(4,968)
(5,265)
(203)
(2,001)
-
(2,455)
(1,535)
(1,661)
(1,976)
(453)
(727)
7,654
(8,282)
(1,608)
(7,700)
(1,440)
(302,514) (98,617)
(302,514) (98,617)
1,401 9,339

Page 10