REGISTERED CHARITY NUMBER: 1211188
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
FOR
GGBH WELFARE C.I.O.
STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
GGBH WELFARE C.I.O.
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 7 |
| Detailed Statement of Financial Activities | 8 |
GGBH WELFARE C.I.O.
REPORT OF THE TRUSTEES FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
The trustees present their report with the financial statements of the charity for the period 29 November 2024 to 31 August 2025. 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are the advancement of the orthodox Jewish faith and the relief of financial hardship, in particular but not exclusively of the Jewish community living in the vicinity of the GGBH Synagogue and the surrounding area, by making grants of money for providing or paying for items, services or facilities and such other objects as are charitable in accordance with the laws of England & Wales.
Public benefit
The trustees have had regard to the guidance of public benefit issued by the Charity Commission when reviewing the charity's objectives and aims and in planning future activities.
ACHIEVEMENTS AND PERFORMANCE Charitable activities
During the period under review the charity continued to raise funds and distribute them in accordance with the objectives and aims of the charity.
FINANCIAL REVIEW
Reserves policy
The charity has a policy to maintain sufficient funds at all times to meet any liabilities that may arise in the foreseeable future.
Funds in deficit
There are no funds in deficit.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1211188
Principal address
Golders Green Beth Hamedrash The Riding London NW11 8HL
Trustees
J J Adler (appointed 29.11.24) Dayan J J Posen (appointed 29.11.24) D L Pincus (appointed 29.11.24)
Independent Examiner
Simon Stern ACA STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
Page 1
GGBH WELFARE C.I.O.
REPORT OF THE TRUSTEES FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 4 June 2026 and signed on its behalf by:
J J Adler - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GGBH WELFARE C.I.O.
Independent examiner's report to the trustees of GGBH WELFARE C.I.O.
I report to the charity trustees on my examination of the accounts of GGBH WELFARE C.I.O. (the Trust) for the period 29 November 2024 to 31 August 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 Act and in carrying out my examination I have followed all applicable 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 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 2. the accounts do not accord with those records; or
-
the accounts 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 accounts to be reached.
Simon Stern ACA
STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
4 June 2026
Page 3
GGBH WELFARE C.I.O.
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 235,328 | |
| EXPENDITURE ON | ||
| Raising funds | 2 | 1,769 |
| Charitable activities | ||
| Grants to individuals and other charities | 157,103 | |
| Total | 158,872 | |
| NET INCOME | 76,456 | |
| TOTAL FUNDS CARRIED FORWARD | 76,456 |
The notes form part of these financial statements
Page 4
GGBH WELFARE C.I.O.
BALANCE SHEET 31 AUGUST 2025
| Unrestricted | ||
|---|---|---|
| fund | ||
| Notes | £ | |
| CURRENT ASSETS | ||
| Debtors | 4 | 6,907 |
| Cash at bank | 70,269 | |
| 77,176 | ||
| CREDITORS | ||
| Amounts falling due within one year | 5 | (720) |
| NET CURRENT ASSETS | 76,456 | |
| TOTAL ASSETS LESS CURRENT | ||
| LIABILITIES | 76,456 | |
| NET ASSETS | 76,456 | |
| FUNDS | 6 | |
| Unrestricted funds | 76,456 | |
| TOTAL FUNDS | 76,456 |
The financial statements were approved by the Board of Trustees and authorised for issue on 4 June 2026 and were signed on its behalf by:
J J Adler - Trustee
J J Posen - Trustee
The notes form part of these financial statements
Page 5
GGBH WELFARE C.I.O. NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
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 offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2. RAISING FUNDS
Raising donations and legacies
Support costs
£ 1,769
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 August 2025.
Trustees' expenses
There were no trustees' expenses paid for the period ended 31 August 2025.
Page 6
continued...
GGBH WELFARE C.I.O. NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |
|---|---|
| Other debtors CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
£ 6,907 |
| £ 720 |
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
6. MOVEMENT IN FUNDS
| Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 235,328 235,328 |
Net movement At in funds 31.8.25 £ £ 76,456 76,456 76,456 76,456 Resources Movement expended in funds £ £ (158,872) 76,456 (158,872) 76,456 |
|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions during the period under review other than donations from trustees in the normal course of the charity's activities.
Page 7
GGBH WELFARE C.I.O.
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 29 NOVEMBER 2024 TO 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Grants to individuals and other charities Support costs Finance Bank charges Governance costs Bookkeeping Accountancy Total resources expended Net income |
£ 235,328 |
|---|---|
| 235,328 157,103 49 1,000 720 |
|
| 1,720 | |
| 158,872 | |
| 76,456 |
This page does not form part of the statutory financial statements
Page 8