Howard Family Charitable Trust Annual Report and Finan¢ial Statements For year ended 31 December 2024 Charity Registration Number 1207918 Howard Family Charitable Trust Page I FINANC.IAL SI'ATEMENTS FOR YEAR ENDED 31 December 2024 Contents Charity Informalion Report of the Trustees Independent Examiner's Report Statement of Financial Activities Statemeni of financial position Notes forniing part of ihe financial statem¢nis 9- 10 Detailed profil and loss account and Statement of financial activities Howard Family Charitable Trust Page 2 FtNANCIAL, STATENIENTS FOR YEAR ENDED JI DeLember 2024 Charity Inform8tio Board of Trustees Mr4 Rachel Dym Mrs Tzipporah Siern Registered Office l 01 Fairview Road London N15 6TT Charity Number 1207918 Accountants Rothfeld Compan). Services Ltd Medc&r House 149A Stamford Hill London. N16 5LL Bankers Lloyds Bank Howard Family Charitable Trust Page 3 FfNANCIAL STATEMENTS FOR YEAR ENDED 31 Decemb¢r 2024 Report of the Trustees Th¢ Directorsrrrustees have pleasure in presenting their Report and Financial Stalements of the Companylcharity for the year ended 31 Dec¢mber 2014 Th¢ Dir￿torsrrru$lt¢s have adopted th¢ provisions of th¢ Charities SORP (FRS 102) 2019 in preparing th¢ annual report and financial statemenis of the Charity. The Trustees in o￿l¢e throughout the >'ear were Mrs R Dym & Mrs T Stern. All trustees give of their time freely and no trustee remuneration was paid in the year. Referen¢e AdmiDlStration Reference and Admiiiistration details are shown in the schedule of members of the board and professional advisers on page ? of the financial statemenis. Structure* governance and management Howard Family Charitable Trust is a charity governed by The Charity Commission of England and Wales The Trnst¢¢s are responsible for the governance of the organisation and are a¢tive in all operational aspects of s(rat¢gic management. Major policy decisions are decided ai full Trustees, meetings. Principal Activity The principal activity of the Charity during th¢ year was that of giving grants to charitable instiluiions. Charitable Objeets are: The charity was established to further both in the United Kingdom and abroad those piirposes recognised as charitable by English Law. To achieve ih¢s¢ objects. the Charilj Utilises its income to make grants 2nd donations which are in accordance with the guidan¢e of the Charity Commission relating to Public Benefit. How'ard Family Charitable Trust Page 4 FINANCIAL STATEMENTS FOR YEAR ENDED 31 D¢c¢mber 2024 Report of the Trustee5 (contijhued) Achievements The Charity received rental income,gifts and donations in the }'ear for its operations- £214200 During the year. the Company gake £83,455 in grants and doiiations. The CompanN' receives applicatiott5 for grants, which are considered by. the board. The Charitable donations made went to further the goals and objectives of the Charity. Donations went to organisations and institulions involved in orthodox Jewish religious education, s￿la[ welfare etc Grants are only made upon a unanimous decision by the board. The results and financial position are shown in the accounts. The Charity's income is sufficient to fund its obligations. The Trustees have identified the major risks the charitable company is exposed to and systems have been established to mitigate these risks. Public benefil In s¢tlingy our objectives and planning our activities the Trustees have given careful consideration lo the Chariiy Cotnniission s general guidance on public benefit and in particular to its supplementary public benefit guidance on fee-charging. This report has been prepared taking advantsge of the special exemptions applicable to small Companies under Part I S of the Cornpanies ALI 2006. Continu¢d Howard Family Charilable Trust Page 5 FtNANCIAL STATEMENTS FOR YEAR ENDED 31 December 2024 Report of the Trustees (coniinued) The recipients of our service5 continuously express their appreciation and admiration io all members of the public that assist LIS in delivering vital services. Investment policy and returns Under the memorandum and articles of association, Ihe charitv has the power to make any investment which the trustees see fit. Reserve$ Policy The trustees relain r¢serves as necessary and where appropriate. consolidate funds in ord'. b. Make judgtnents and ¢slimates that are reasonable and prudent. Follow applicable accounting standards and the Charities SORP, dis¢losing and explaining any departures in ihe financial staiements. d. Pr¢pare the financial stst¢ments on the giOiiigT conceni basis unless il is inappropriate lo assum¢ that the charity will continue in operdtion. The Directors/Trustees are responsible for maintaininb proper accounting records which disclose with r¢asonable accuracy at ali), time the financial position of the charity, and to enabl¢ Ih¢m as Direclors/Trust¢¢s to ensure that the financial statem¢nts compl>. with the Company l.aw. The Direciorsrrrustees are also responsibl¢ for saf¢guardiiig the charity's assets and hence for laking reasonable steps for the prevention and detection of fraud and other regularities. Approved by The Trustee on 20 October 2025 Rachel Dym - Trustee Howard Family Charitable Trust Page 6 FINANCIAL STATF.MENTS FOR YEAR ENDED 31 Decetnb¢r 2024 Independent Examiner's Report to the Trustees / Directors We report on the financial statements of Finegrant Limited for ihe year cnded 31 December 2024. Respective Re$ponsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts. The cliarit). s trustees consider that an audit is not required for ihis year under section 144 of the Charities Act 2011 (thc L harities Act) and that an independent Cxamination is needed. It is my responsibility lo.. examine the accounts under section 145 of the Charities Act, lo follow. the procedures laid down in ihe general Directions given by the Charity Commission (under section 14515)(b) of the Charities Act. and to stste whether particular matters have come to my attention Basis of Independent F.xaminer's Report My examinaiion was carried out in accordance with general Directions given by the Charity Commission. An examinalion includes a review of the accounting records kept bs the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosur¢s in the accounts. and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequenily no opinion is given as to whether the accounts present a 'true and fair view and the report is litnited to those matters set out in the statemeni below. In connection with my examination. no matt¢r has ¢ome lo my attention: hich giiv¢5 me reasonable cause to believe that in, &ny material respect, the r¢quiremenls: to keep accounting records in accordance with section 130 of the Charities Act. and to prepar¢ a¢counts which accord with the accounting records And comply wilh (he ac¢ounting requireinents of the Ch￿111¢$ A¢t have not been met: or 2. to which. in my opinion, attention Should be drawn order to enable a proper understanding of the accounts to be reached. Rothfeld Company Services Limited Med¢&r Housc 149a Stamford Hill London N16 5LL Date 2011012025 Howard Family Charitable Trust Pa¥e 7 FINANCIAL STATEMENTS FOR YEAR ENDED 31 Decen]b¢r 2024 Sta¢emenl of Fin#n¢iAI Activities Income and expendilure account For ihe Year ended J l De¢ember 2024 Unrestricted 2024 Noles INCOMING RESOURCES Income Probatc Inve5tmeni Income 200,000 53,160 253,160 OUTGOING RESOURCES Cbaritable expenditure Granls made Administration Propeo. Expenses (83,455} (917) {24,187) (108.559) Net $urplusl(deficit) funds for year 144,601 Reconciliation of Funds Funds brought fonvard Properties transferred into the Charity Net Movement in funds Total Funds Carried Forward 2.170,000 144.601 2J14,601 There were no other r¢cognised gains or losses Howard Family Charitable Trust Page 8 FtNANCIAL STATEMENTS FOR YEAR ENDED 31 December 2024 Statement of fiDaDci#I position A¢ 31 March 2024 Nole5 2024 Fixed assets Investment Property Property 1.680,000 490,000 2,170,000 Current Assets Cash at Bank and in hand Debtors-Goldspring Managetnent 129.828 14,773 144.601 Credito Amounts due within one year Lyet Assets 144,601 Net Current Assets 2J14,601 Accumulated Fulld8 Restricted Ass¢ts Unrestricted Assets Net Stsrplus for ihe year 1,680,000 490.000 144.601 2J14,601 In approving these financial statements as directors of the company we hereby confirn]'. a. that for the year stat¢d above the company was entiiled to the exemption conf¢rred by Seclion 477 of the Companies Act 2006 . b. that no notice has been d¢posltcd at the registered offi¢¢ of the company pursuant io Se¢tion 476 requesting that an audit b¢ cotiductcd for the Jear ended 31 D¢¢¢iT)b¢r 20?4: aiid c. Ihat we acknowledge our r¢sponsibilities for.. ensurin8 that the company keeps accounting records which comply with Section 386 ' and 2. preparing financial siaiemcnts M,hich give a iru¢ and fair vi¢w of tlie state of aflairs of ihe ¢oii)panv as at the end of the fin&n¢ial y¢ar aiid of its profit or10ss for the year th¢n ¢ndcd in accordance w'itli ihe requirements of Sections 394 and 395 and which oihenvise comply with the provistons ot tlie Companies Act relaling to financial ststements, so far as applicable to the companj. These financial stat¢m¢nt% have been prepared in accordance with the provisions applicable to companies subject lo th¢ small companies, regime. Approved by the board on 20 October 2025 and signed on behalf of their b¢half by.. Rachel Dym- Trustee.. Howard Family Charitable Trusl Page 9 FtNANCIAL STATEMENTS FOR YEAR ENDED 31 December 2024 The notes on pages 9 and l O fomi part ofthe balance sheet Notes To The Ac¢ounls l) Prineipal Accounting Policies Basis of A¢countin The Accounts have been prepared under the hisiorical cost convention in accordance with tlie slaletnent of Recommended Pra¢ii¢e.' A¢counting and repoflingy by Charities preparingi th¢ir a¢counts in ac¢ordance with FRS 10212019) and the FinanLial reportingy standard applicabl¢ in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act ?0 I i. Incoming resources Incoming resources are accounted for upon reccipL ex¢ept where it is proper to ac¢ru¢. Taxation -I"he Charitabl¢ Company is ¢xempt from I￿atIon on its charitable activities. 2) Income Probate £200,000 of in¢om¢ was a¢hi¢v¢d from partial residue of the ¢sial¢ of Miss Anne Howard. Probate distribution received 200.000 200.000 3) lllve$tment Income The total iumov¢r of the company for the y¢ar has b¢¢n derived from its principal activity of property income wholly und¢rtaken in the UK. Rent&l Income Property Expenses 53,160 (?4,187) 4) Grants 2024 Granis for Advancement of Educaiioi 83.455 83,455 Howard Familv Charitable Trust Page 10 FtNANCIAL STATEMENTS FOR YEAR ENDED 31 DeLemb¢r 2024 Notes To The Accounts (eontinued) 5) Administration 2024 Sundry expenses Bank charges 900 17 917 7) Creditors 2024 Other creditors 8) Trustee5 Renumeration and Benefits Th¢r¢ were no trustees, renumeraiion or other benefits for the year ended 31 December 2024 There were no trustees, expenses paid for the year ended 31 December 2024 9) Related Party Di$elo$ures Tl)ere were no relat￿ party trdnsaciions for the year 31 December 2024