CHARITY REGISTRATION NUMBEII: 1207310 RADLEE UNAUDITED FINATr4CIAL STATEMENTS 31 MARCH 2025 COHEN ARNOLD Chartered Accounianls New Biirlington 14oiise 1075 Finchley Road LONDON NWI I OPU RADLEE FXNANCIAL STATEMENTS PERJOD ENDED 31 MARCH 2025 PAGES Trustees. Annual Report Independent Examiners Report to the Tnjslees Statement of Financial Activities Ito2 Statement of Financial Position Notes to the Financial Statements 6t09 TRUSTEES, ANNUAL REPORT PERIOD ENDED 31 MARCH 2025 The Iru51ees pirsent their report and the unaudited financial stateTt>enis of the cliariiy fDI' tlie period ended 31 Maich 2025. REFERENCE AND ADMINISTRATIVE DETAILS Radlee Registered chari(y name Charity registration number Principal office 1207310 64 NewbeNies Avenue Radleit WD7 7EP THE TRUSTEES Mrs S Ronson Mrs E Ziff Mrs M Grossman INDEPENDENT EXAMENER Barry Leigh, FCA New Biirlington House 1075 Finchley Road LONDON NWII OPU STRUCTURE. GOVERNANCE AND MANAGEMENT Radlee is constiiuied as a charitable incorporated organisalion and was registered as a charity on 5 Maich 2024. The charity is governed by its coy)stituiion. 'fhe trLlStees administer the day-to-day atTairs of the chariiy. None of the trustee5 have any beneficial interest in the eharily. It is not ciiriently tlie inteniion of tlie iriisiees of the charily to appoint new trustees. Shoiild the situation change ill t11e fiiture, Ihe truslees will apply Sliilable recruitment training and induction procediire5. OBJECTIVES AND ACTIVITIES The cl)ariiy is established to further those purposes both in the United Kingdoin and abroad iecognised as charitgble by English Law and in fui1herance of advancino the Jewish religion, advancing Jcwish I'eligious education, preventing or relieving poverty and the advanceinent of healtli. l-lie charity receives incoiT]e mainly froJn ¢hariiable receipts, which it utilises in the provision and distribution of grants and dotlations. The chai'ity's principle activity ihi'oughoul the peiiod was the pj'ovision and distribu(ion of donations and grants to organisations, and no change is envisaged in the iminediate future. The Ii'ustees confjrrn their compliance with the duty to have due rcgard to tlie public benefit ujiiidance publisl)ed by the Charity CoiDtr]ission wlicn ieviewing the ¢harity's aiTlls and objectives and in planning future activities and setling the grnnl making policy foi the period. ACHIEVEMENTS AND PERFORMANCE DLiring ihe period, the charity conlinued io pursue its philanihi'opic objects in suppoit of educational, religious a11d othei. eliaTiiable or¥anisations. Incorne from donations aggrceated £55,000. Donations aggi'egating £36,600 were paid in Ilie pei'iod. RADLEE TRUSTEES, ATrINUAL REPOR T (culrli,,., PERIOD Ef4DED 31 MARCH 2025 FINANCIAL REVIEW The finan¢i81 resiilis of the charity's activities foi the period 10 31 March 2025 are fully reflected in the 2iiaclied financial statements together with the notes ihereon. ReservL% policy It 18 ihe policy of the charity to maintain reseTves at a level which thE Irustee5 think appropriate after considering the fiitui'e commitments of the chai'ity and the likely costs of the charity for the next year. Tliis level of reserves equates to the net current assets of th￿ charity, which ai 31 March 2025 were £16,480. The trustees consider this io be reasonable. The trustees arc considering how besi to apply those funds for cliaritable purposes. The trustees have not undertaken aDy forjnal charitable Ininiiments and Consider that the charity will generate s￿￿1£]ertt income from donaiions received io fund its ongoing aciivities. As at 31 March 2025 the charity had total fiinds of £16,480, all of which were unrestricted funds. Grant m3king poliey Grants arc made to charitable institutions and organisations which accord with the object5 of tlie charity. The Irusiees are approa¢h¢d for donations by a wide variety of charitable instillllions operating all over England. The irustees consider all requests which they receive and make donations based on the level of funds available. PLANS FOR FUTURI PERIODS In determining ihe level of charitable grants and donations that they charity may make, Ihe Irvstees consider tlie income available for sii¢h purposes froiT) donations it receives. The iru5tees' annual repckrt was approved on . .iQ2S....... and signed on behalf of the board of trustees by.. S Ronson Trustee RADLEE INDEPENDEI TrIT EXAMINER'S REPORT TO THE TRUSTEES OF RADLEE PERIOD NDED 31 MARCH 2025 I report to tlie Ii'usiees on my exainination of the financial stalemenis of Radlee {'Ihe cliariiy,) for the P¢Tiod ended 31 Maicli 2025. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the cliaiity you are re.%ponsible for the preparation of the financial Statements in accordance willi the requii'einents oltlie Charities Act 2011 ('Ihe Act,). I report in respeci of Iny examination of the cliarity's finaJ]cial statements carried out LindeT section 145 of the 2011 Aci and in carrying out my examination I have followed all the applicable Directions given by the Charity Cominission under section 145(5Mb) of ihe A¢i. JNDEPENDENT EXAMINER'S STATEMENT I have completed my examination. I confim] that no material Matte￿ have come to my attention in connection witl) the examination giving me cause to klieve that in any material respect= ac¢ouniing records were noi kept in re5pe¢i of the charity as required by sedion 130 of the the financial slalements do not accord with Ihose records- or tl)e fjnancial statements do not comply with the applicable requirements con¢eniing the form and content of accounts set out in the Charities (A¢¢ounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fail", view which 15 noi a atter considered as part of an independent examination. I have no concerns and h2vc come across no other malters in ¢onneclion wilh the exainination to which attention should be drawn in this report in order to enable a proper understandiiig of tlie a¢counls to be reached. Barry Leigh: FCA Independent Examiner New Burlington House 1075 Finchley Road LONDON NWII OPU RADLEE STATEMETr4T OF FINANCIAL ACTIVITIES PERIOD ENDED 31 MARCH 2025 2025 Unrestricted funds Total fund$ Note Income 2nd endowments Donations and legacies Total iNcome 55.000 55,000 55.000 55,000 Expenditure Expenditure on ch&rittble aclivities Total expenditure (38,520} {38,520) (38,520) (38,520) Net income and net movejnent in funds 16,480 16,480 Reconciliation or rund$ Total funds broLight forward Total funds carried forward 16.480 1(480 Tlie siateinent of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivities. ht noie$ ￿g¢S 6 10 9 torDi p*rt of the5c fin*ntilll siatemcnt$. RADLEE STATEMEIYT OF FIP4AP4CIAL POSITION 31 MARCH 2025 2025 Note CURRENT ASSETS Cash at bank and in hand 18,400 {1,920) CREDITORS: amounts falling due within one year NET CURRENT ASSETS 16,480 16.480 TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS 16A80 FUNDS OF THE CHARITY Unrestricted fiinds 16,480 16,480 Total charity funds 12 T]ies ancii'tioned to charitable Xtliviiit￿. other expenditure incliides all expendilure thai is neither related io raising funds for the charity nor part of its e%pendilLire on charitable aclivities. All cosis are allocated io expenditure categoTies reflecting ihe use of the resource. Direct costs attributablc to a single aciivity aTe allocated directly to ihat activity. Shared costs al'e apprortioned between tlie activities they contribute to on a reasonable? justifiable and consistent basis. Financial instruments A financial asset or a financial liabiliiy is recognised only when the entity becomes a paity to the contractual provisions of the instriiiT]eni. Basic financial insirumenis are initially recognised at ihe amount receivable or paiable including any rclated tTansaction cosls. unless the a117ngeinent constiiuies a financing trdnsaction, where it Is recoEniscd ai rhe pre5enl value of the future payinents discounted at a market rate of intei'est for a siinilai. debt instrumeni. Current assers and current liabilities al'e subsequently measured al the cash or other consideration e.¥pected to be paid or I'eceived and not discounted. DONATIONS AND LEGACIES Unresti'icled Ttstal Funds Funds 2025 DONATIONS Donations Received 55,000 55,000 RADLEE NOTES TO THE FINANCIAL ST A TEMENTS frohtljtwtrf) PERIOD ENDED 31 MARCH 2025 EXPENDITURE ON CHARITABLE ACTIVITJES BY FUND TYPE Unrestricted Total Funds Fiinds 2025 Direct chai'itable expendiiure Suppoil costs 36,61)0 1,920 38,520 36,600 1.920 38,520 EXPENDITURE ON CHARITABLE ACTIVITIES B Y ACTIVITY TYPE Grant funding of activities Support Costs Total funds 2025 DiTect charitable expenditure 36,600 1,920 38,520 ANALYSIS OF GRANTS 2025 GRANTS TO INSTJTUTIONS Grants to insiiiiitions 36,600 36.600 Total grants All granis and donalions were paid to charitable institutions for the purposes of either the advancement of educ21iorfr, the alleviation of poverty or the furtherdnce of religion. The composition of donations is shown below. UK Toremet Liinited T()rah Live Cainp Simcha Other donaiions Linder £2,000 20,000 5,000 3,000 8,600 Totzl 36.600 INDEPENDENT EXAMINATION FEES 202S Fees payable to ihe independent examiner for.. Independent examination of the fiFbancial statemenis 1.920 EMPLOYER NUMBERS The average liead coiint of employee5 during the period was Nil. No employee received employee benefits of Inore than £60,000 during the period. RADLEE NOTES TO THE FINAIYCIAL ST ATEMENTS (,.,,,.,, PERIOD ENDED 31 MARCH 2025 10. TRUSTEE REMUNERATION AND EXPENSES No remuneration or other benefiis from employTneni with the ¢hariiy or a related entity were received by the trustees. No trustee expenses have been incurred. I I. CREDITORS: amounts falling due within one year 2025 Accruals and deferred income 1,920 12. ANALYSIS OF CHARITABLE FUNDS Unrestricted fu￿dS At 3] March 20 25 At l April 2024 Income Expenditure General funds 55,000 (38,520) lQ480 13. Af4ALYSIS OF NET ASSETS BETWEEP4 FUNDS Unre5trtcted Total Funds Funds 2025 Curi'ent assets 16,480 1fi480 14. RELATED PARTIES Donations received includes £55.000 received from a trLlStee of ihe cliarity.