REGISTEREO CHARrfY NUM8ER.. 207404
REPORT OF ThE TRUSTEE8 AND
UNALIOITED FIP4ANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEIABER 2024
FOR
THE INMATION SOCETY
Z8nrth Advi5Cry
Chartered Aco)untJnls
Chjncelors Hou$9
3 8rarnpton L8ne
H•nd
Lt*)don
NW4 4+lB

THE INtriATION SOCIETY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2D24
Page
R8for8fbce and Admlrnl#tf•tlv• D•talh
Report ofthe Tru5ts85
Ind•p8ndwt Eyamin•rf• Roport
Statement of Fln*nclal ACtI￿tIeS
Balance Sheel
Not¢$ to lh• Flnanclal Statsmènts
6 to 1

THE W4fTIATION SOC4ETY
REFERENCE AND ADMWISTRATIVE OETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
HOIIORARY OFFICER8
Mr D Segal
Mr J R Weinth'n
Prewdent
Trgasur
TRUSTEES
Or S G Skywer
Mr J R Weinslwn
Di J *ltzer
SECRErARY
CHARITY NUMBER
207404
PR114CIPAL ADORESS
Ch8nc•lors H¢w
3 BfamNon Lane
Hendon
NW4 4hB
INDEPENDENT EXAMINER
Martin TIBno FCA
Zenrth Ad￿5
Chartered AL￿￿ntants
Ch8nc•kn Hws•
3 &ampton La
Handc
LotN1c
NW4 4AB
BANKERS
nland•r UK F4c
8r*le Road
Bool
Metseysldo
L30 4GB
Pw1

THE P41fiATION SOCIE
REPORT OF THE TRUSTEES
FOR THE YEAR EPIDEO 31 DECEMBER 2024
The lJustees present their report the fm8TKi4 of Ihe tharfy fc¢ Ihe year ended 31 C*cunbBr 2024. The tnjstees have
adopted the proM$ions ol Accounting and Reporting by Chanties" Sl3t8fflent 01 Rec￿mmend8￿ Pr8Ctlce aprlirable to cl)arities
prepafing their acoxjnts in accordan￿ the F￿an0a1 RepJbng Sland3rd aFf4icatAe In the UK and Repubh'c of $￿tand IFRS 1021
leffectlve 1 January 20191.
OBJEcnvES AND AcTIV￿lEs
Oblectlves and alms
The rnain aL1iMty and t*Jjective of the Soc*ty is io PfDmole advarcement the Jewish Teh"girth by f8rAbtsting the inJba1i￿ of ma
Jew15h Ghildrerl into the Co¥enant of Abraham. The rJJnfinn thal Ihey gave regard lo the Ch• Ccfflmi88ion guÉdanc6 c
wblic benefft when wepaTirig this repr%L
ACHIEVEMENT AND PERFORMANCE
The Societ*$ lund6 are 8ppled In hJrtlN¥ancE of As objeciNes and Ihe day4*￿eY nmning of ts Sorjety.
Ouring the year ended 31 December 2024. tcrtal inccmniny T￿￿TEe5 Df the So(Jety aTn¢)unted lo t273,OOB 12023." £157.8331. Tre
ources expended amounielt ￿ £147.78312023" £154,7951.. resuht'ng in net Inivning ￿0vIre$ of £125.223 12023." £3,038).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Th8 InitiatiDn Society Is a UK reg151ered chanly avd 15 go¥wned by th8 Laws of Ih8 Soraety found8d in 1745 and am8nded most
recenuy In 1996. tt Is mana9ed by the Honorary Officers anl a 8oard ol TftJsiè•s. A Genwal Committee. ￿lch indudes Ihe Honorary
Officers and the Tn￿lee5, is reSp￿sIble for est8tAishing the of Ihe Sooety. An Exe(yJive Committee, vthich Con￿sts of ihe
P￿Sident. the Treasurer. the Seuelary and Ihe Medical Officer. is reswnthle for Ihe genwal day io day management ol the SoLaety-
The General Ccmmlttee meets tiwce ènnualy. The Exewts've C¢ynrnitfee meets *thenever the Presk1ent considws approprtale and.
any case. if Mo members of the Executrye Comm6ttee 50 require. The Seuelary attend5 t￿t does not vole in the Executive Commitiee
and Is responsitle for the administra￿"ve fundi￿5 ol Ihe Sco¢ty.
ST ATEMENT OF TRUSTEES. RESPONSIBILrriES
Th8 Iw818es are Fespi>n%ible for prppaong Ihe Repul of th¢ Tw$1¢￿ 4￿1 Ihe fr￿n￿oI $1otwnw*s In •ccrrt8nca *ilh 4ppbc8bl• IBW
and United SQ"ngdom Aco)unb"ng SlaDdard5 (UIMl8d Kingdom Generalty ACC￿￿tillg Praclic81.
ThE law appIl￿ble lo charilies in Englan¢ and Wles, th? Charilies Act 2011, Ch8nty IAwunt$ 8nd ReF4ytsI Regulations 2008 and the
ovisiovs of the twst deed requi￿ ihe Irustee5 to prepare finanrial StateTr￿rrt5 for eath financ*81 year give a tNe and fair
of Ihe siaie ol affairs ol Ihe chanty and of tre inccffling resources aThl aPF4icaton Df ￿SoUrCes. Inchjding Ihe Income and expendrture. ol
the tharily foT Ihal period. In prepanng those finanoal ststemenis. the tsust885 are re¢Juir•d lo
select suliable accounting polcies and then a[￿ty ihem cOn￿St￿nt￿.
observe the methods 8nd prmoples in the Ch8lTty SORP
rnake iudgemenls and eslimwes Ihat are re8Stwt* ar￿ wdent..
pr8pare Ihts financial staiemenis on the gfmng ¢C￿e8M basis unk8$8 it ts iMrffj)rrwai& to prè5um8 Ihal the tharty Wil conknue in
bu$in&ss.
The Injsiees are respon51b￿ lor keeping woper acujunts'ng records *ttich disdose ￿1h ￿a￿able acwracy ai any tsme Ihe finanoal
jsib.on of the thanty and to enable them lo ensu￿ that financial ￿ateMentS ￿rnpty vnlh Ih? C*arities A¢i 2011, Ihe Chanty
(Accounis and Repottsl Regulatk)ns 2008 and the t*0¥1￿C￿5 Df the trust deed_ They are *0 responsibk for safeguaTdlr9 the ass8ls ol
Ihe charily and hence for iaking reasonable steps f¢y the prevention and detecison ol fraud and ￿her Irregularities.
proved by order of the bowé of trusiees 8 Septerthr 2025 and y9ned on its behaw ty.
Dr S G Springer- Trusi
Pagts 2

INDEPENDENT EXAJAINER'S REPORT TO THE YRUSTEES OF
THE INITIATION SOCIETY
Independent examlnerfs report to the tni8tee6 of The Inltlatltsn Socl¢ry
l Teport to the cttanty Irusiees on my examination ol th* accounts ol Th• Initiabon Soo•ty (the TruBII for Ihe ended
31 Dxernber 2024.
R•spon51billtle5 and baBi8 of report
As Ilie cliarily iNsle85 of ihe Trust you are responsible for Ihe prepar8ilon ol the accounts In accordance with the reqUiffjMen￿ of th•
Charitses Act 2011 fihe Ar*l.
l ieporl In rtsped ol my 2￿minall0n ol thè TrJsi's actounts carried out under Seciion 145 of ihe Act and in car￿nll out my
examination I have lolkwed all applisable Directions given by tho Charity Comrniss¢on under SeGIIDn 14515llbl ol the Act.
Indeptndent e¥8mlner'• stal•m•ni
Since your charity's gross incom8 8xce¢d¢d £250,000 your exomlner musl be a member of & Is¢ed body. l G&n confimi Ihal l am
qualified lo underiake Ihe exarninallon becaus? l am 8 rnvmber of Ihe Instsiute of ChArteied A¢¢oun¢8nt8 in England and Wales.
is on8 ol th• Iis18d bodi88.
I hava completed ffly examinatlL￿. I conflrm that no material m8ttars hBV8 come lo my att8ntlon in C￿n￿lI0n Ihg gla1n￿nati
gi￿￿ng me uu88 to beleve that In any maiertal ro8pect.'
aL%ountlng reGords were nor kept In i¥speci ol Ihe Trusr as requlred by Sectlon 130 of the Aci.. or
th• irt.nuntk nnl *r.rA)rd wlth IhN8e r*rnrdA',
the a￿oUntS do nol comply ￿th Ihe BpplicBb18 r•quirfrftient$ concernlng lh8 lorm and conlenl of occounls sel oul In the
h8riiles (Accounts and Reports) Regulolions 2008 olhei than any requirgm¢ni Ihgl Ihe gccounts give 8 tfue and 18ir vlew
Vlhich iè Thjl a malter considered as part ol an Independonl oxarninalion.
I have no ¢oficem5 and have corne across no oiher matters in covnectloth wfth the ex8m1n6￿0Th to atteniion should be dra￿ in
th1$ rgWrt in £￿￿er lo onable a propor underst*ndlng ol Ihe aGI¥YJnll lo be reaGh¥d.
hlArtln Tlano FCA
Zenith AdMgQry
Chartered Accountants
Chancellors House
3 8ramplon Lane
Hendon
London
NW4 4A8
S8piefflb•r 2025
Page 3

THE INITiATION SOCIETY
STATEMENT OF FINAPICIAL ACTIVITIES
FIJP THE YEAR ENDED 31 DECEMBER 2024
2024
Total
funds
2023
Totsl
fijnds
UnrÈstrict8d
fund
R¢slricted
lufid
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
93,397
93.397
38,666
Ctharftabte artlvttles
Gr8nts
Regisirauon and tuition fees ol Mthellm
185,114
13,644
165.114
13.644
IOS.032
13,728
Inv851ment incame
0th8r incorne
701
150
701
150
407
Totsl
273,006
273.006
157.833
EXpEND￿uRE ON
Charitable actlvltles
Medical officer's expens¢ ond 8lk)w8nc¢
Adminisir8tive and secre18rial fees
Insuranc8 of train88s and Mohelim
Prinlngb Postage and stati￿ery
Telephone
Websiie Gosis
PR. seminar and cOnfe￿n¢￿
Legal and professional
Accountancy and iné6p8nd8nt examinali)n
G*nef818xpense$
Depreciation or rixtures. fittings and equipment
14,500
30,593
67,714
609
369
573
3.760
26.057
2.400
1.130
78
14.500
30.593
87,714
609
369
S73
3.760
26.057
2.400
1.130
78
18.400
27.288
65,418
774
267
6.173
6.672
25.899
2,300
1.570
Total
147.763
147.783
154,795
NET INCOME
125,223
125,223
3.038
RECONCTLIATIDN OF FUNDS
Total iunds brought lorward
162,6471
11.811
150,8361
153,8741
TOTAL FUNOS CARRIED FORWARD
82.576
11.811
74,387
150,8361
The notes fL¥m part of these finanaal slalements
Page 4

THE INt¥iATION SOCIETY
BALANCE SHEET
31 DECEMBER 2024
2024
2023
Notes
FIXED ASSEY5
T8ngiblo 8$5els
878
99
CURRENT ASSETS
Debtors
Cash al bank
34,079
66,732
61.342
21,136
100,811
82,478
CREDITORS
Amounts lalling due wlthln one year
127,3001
1133.4131
NET CURRENT ASSETSIILIA81LITIESI
73,511
150.9351
TOTAL AsseTS Less CURReNT LIABILines
74,387
150.8361
NET ASSETSIILIABILITESI
74.387
150,8361
FUNDS
10
Unresiricled funds..
G8neral lunilB
ReBlncled lunOA
62.578
11,811
162,6171
TOTAL FUP4D8
74.387
150.8361
The flnancial 8talefflent5 wère appro￿￿ by lh• Board ol TnJ8t8•8 •nd aulhorised fcrf1s8ue on 8 Seplernber 2025 Jn¢J were swned Its
beh911 by..
Dr S G Spnnger.
slee
Mr J R Weill$i*in- Twslee
The notes fr￿ part ol Ik*s• finanual slat•m•DIs
Pa98 5

THE INITIATION SOCIErY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICES
Ba51s of prepartng the flrsanclal stal•ménts
The f nancial 81at?m8nts ol Ihe char￿ty. which 18 8 public b8nefit entity under FRS 102, hav8 b8en prepared in accordance with
the Charities SORP IFRS 1021 'AcciyJnting and Reporting by Charities.. Statement of Recommended Prac￿Ce ap￿ICab* to
charrties preparing iheir aGGounts in accordance with the Financial Reporting Standard 8pplicabk in the UK and Republlc DI
Irelan(5 IFRS 1021 leffeclive 1 January 20191,. Fsnancial Reporting Stsndard 102 The Financial Reportin9 Slandarf applicable
it) Ihe IJK and Repubh"c of Ireland. and ihe Chari118s Act 2011. The finanoal stalenients have been wgpare4 uThSeT Ihe historical
COSI ¢DnveNlon.
Income
All is recogniyed in the Statemeni of Financial Acbvilies onGe the tharity has en*tiement to the funds. it 1$ probabk that
the ¢nC￿ne Mryll be received and the 8mouni can be measured rdiably.
Expenditure
Liobililies gre recognised gs expenditure as soon as there Is 8 legal oi Gonstrudive oblig8tion committing the ¢h8rfty to that
expendiwre, it is probable thai a transfer ol economic benefits will be requirtsd in Sett￿Ment and the amount of the obligatson
can be measuied reliably. Expenéiture is accounled for orTr an accruals basis and has been classified under headings Ihat
8ugreg8te all cosi r8L3ted lo Ihe category. Where costs cgnnol be LllreGUy attylbuted to p8rtiGubr headings they h8ve been
alloc81￿ lo acts"vili•s a basis ¢onsisteni wth the use ol resources.
Tanqlble fixed •8sets
D8rKothaiion is prowdad ai the lolowing annu31 ratas in order lo ￿te off each as58t over its e5brnat8d uselul Irf8.
FIKtures and flth'ngs
25% on reduung baknce
Taxatlon
The charily is exempt Irorn tax on its thardable activities.
Fund accounting
Unrestricted funds can be used In accordance Wlh the charkable obieclives at th8 discretion ol the trustees.
Restricted funds can ￿lY be used for pathcular restricted pvrposes wthin the obieds of #)e th8rity. Restricts"c￿5 arise then
$peGifled by the Lloncr or %then funds ale raised for p8rtiwlar restyicled purposes.
FiJrthAr e¥pL8natinn nf Ih8 nalurft and PLJrpn%e of fijnd irs indijdèd in Ihtt ntAaÈ t(> the financial stalem8nls.
INVESTMENT INCOME
2024
2023
Inler8St r8ceivable- trading
701
407
TRUSTEES, REMUNERATION AND BENEFrrs
There were no Injslees. renHJneralton w other benefits lor Ihe year ended 81 December 2024 nor foT the year ende
31 December 2023.
Trn$tees' expenses
There were no trusree5' expenses paid fly the year ended 31 December 2024 nor lor the year ended 31 Decèmber 2023.
Pag? 6
continued...

THE IN￿lATION SOUETY
NOTES TO THE FWANCIAL STATEMENTS- conilN•d
FOR ThE YEAR ENDED 31 DECEP18ER 2024
C(tyIPARATI¥ES F(MI THE STATEMENT OF FIt4ANCIAL ACTMTIES
Unrestriraad
lund
Rastrictad
ftbnd
Total
funds
INCOME AND ENDO¥•IMENTS FROM
Donaiions 8n(J kg8ues
38,888
Charktable a¢tfvltle•
Grants
Rogi$traiion and lui￿on 1••8 of Moh•h"m
105,032
105,032
13,728
13.728
Investment Sncome
407
407
Total
52,801
105.032
157,833
EXPENDrruRE ON
Charitablo octivitiel
Medical offiGerf¥ expense 8nd aNIMance
Administrative and secretarial lees
Insurance ol Iraine85 and Moh81irn
Printing. pos18ge and sthti￿ery
Telephone
Website co818
PR. ¥•minar and ￿lorenc•
Legal and prDles￿onaI
Accountsncy and Independenl ex8min8Uon
General exp8ns•s
Depredatlon of llxture8, ffttings and equlwenl
1fj.400
23,788
26,924
522
267
18,400
27,288
65,418
774
267
6.173
6.672
25.899
2,300
1,570
3,$00
38.494
252
6.173
714
9.998
5,958
15,￿1
2,300
1,161
Tolal
61.574
83.221
154.795
NET INCOMEiiexpENDITUREI
18.7731
11,811
3,038
RECONCILIATION OF FUNDS
T)t81 funds brought forw¥r(I
153.8741
153,8741
TOTAL FU140S CARRIED FORWARD
162,6471
11.811
150,8361
Pag? 7
continued...

THE INITIATION SOCIETY
NOTES TO THE FINANCIAL STATEMENTS . continued
FOR ThE YEAR ENDED 31 DECEMBER 7024
TANG18LE FIXED ASSETS
Fixturgs
and
fittings
COST
Al 1 January 2024
Addilions
578
855
Al 31 De¢£mbeT 2024
1.433
DEPRECIATION
Al 1 J8nuary 2024
Charge yeai
479
78
At 31 December 2024
557
NET 800K VALUE
Al 31 December 2024
876
At 31 DÈtembèr 2023
99
DEBTORS: AMOUNTS FALLING DUE MTHIN ONE YEAR
2024
2023
PrepayTnents and accrued income
34.079
61,342
CREDITORS.. ApiouKfs FALLING DUE WITrIIN ONE YEAR
2024
2023
Other loans15ee nots 81
Atuuals and d8f&rred income
25,000
2,300
95.000
38,413
27.300
133,413
LOANS
An anatysls ollhe malurily of loans Is giv8n below.
2024
2023
AJnount$ falling due wthin one year on demand..
Other loans
25,000
9S.000
Loans are unsecured, interest-frèe and repayab￿ on demand.
Page 8
continued...

THe INITIATION SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- continuod
FOR THE YEAR ENDED 31 DECEAI8ER 2024
FUNDS OF THE CHARtrY
Reslncled incorn8 funds repre5enl grant5 and donations rec￿Ved for specific projects ￿s3 arnounts exp?nded dunng Ihe year
these prqects. Unrestdcted funds are funds %thich the Trustees are a￿e to spend or apply at Iheir discretion to further any
of the charivs wrposes.
10.
MOVEMENT IN FUP4DS
Nel
movemenl
in fund8
Al
31.12.24
Al 1.1.24
Unrestrlcted funds
Gei)erg1 luiids
162,6471
125,223
62,576
Restricted lurtds
Rejiricled lunds
11,811
11.811
TOTAL FUNDS
150,8361
125.223
74,387
Net mov8menl in funds, included in the abov8 are a8 follow8..
Incoming
styjrtes
Resources
expended
Movement
In funds
Unrestrlcted funds
General lunds
273.006
1147.7831
125.223
TOTAL FUNDS
273,006
1147,7831
125,223
CompJra¢lve8 for mov•m•nt In fvnds
Net
rnovement
in funds
Al
31.12.23
Al 1.1.23
Unr*strfcted funds
G•n•ral fun06
153.8741
18,7731
162,6471
Restricted funds
Restncled funds
11,811
11,811
TOTAL FUNDS
153,8741
3,038
150,8361
Page 9
conlinued...

THE INITIATION SOCIETY
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEM8ER 2Q24
10.
MOVEMENT FUNDS- contlnu•d
Comparalive nel movemenl in lunds, inrjuded in Ih8 above arè a5 f￿10￿5..
Into￿n9
resources
Resources
expended
Movement
in lunds
Unr¢$trirt?d fvnd$
General funds
52,801
161.5741
18.7731
R•8tFlcted fund8
Restricted funds
105,032
193,2211
11,811
TOTAL FUNDS
157,833
1154,7951
3,038
11.
CONTINGENT LIABl￿lEs
During the yeor a claim was r8ised 898inst the Society in re18tion to a procedure undertaken. At the tirne of Ihe pieparaiion ol
these financial sialernent8. the outcome ol Ih? case was Uncertain, 8nd the Soaety is cwrrentty uvable lo reltably esbmate Ihe
potential financial impact.
12.
RELATED PARTY TRANSACTIONS
Ai the reportlng date, the amount owed by ihe Society to one of rts Truslees. Dr S G Springer and Mrs S Sprir4aer in Vespe￿ ol
an uThserJJred iniEresi-free was £25,00012023'. £25.0001. This108n was repaid in full subsequent to the y98r end.
There were no other related party transac￿On$ durtng the current or prior year. incbjding iemuneratson or reimbursement of
out4>f_po¢kel expenses made to the Twstees or Honorary (ffii¢ers, LY lo third parties for expenses incurred by the Trustees or
Honoory Offi¢eps.
Page 10