Charity Registration Number.- 235459 Machzikei Hadass Communities Group Report and Accounts 31 August 2025 B Olsberg & Co Chartered Accountants & Statutory Auditor Enterprise House 3 Middleton Road Manchester M8 5DT
achzikei Hadass Communities Group Report and accounts forthe year ended 31 August 202S Contents Page Charity information Trustees. Annual Report Statement of directors. responsibilities Independent Auditors. Report Funds statèMts... Statement of Financial Activities 12 Statement ol Fin8nci81 Activities- Prior Year statement 13 Statement ol total recogni58d gains 8nd10sses Movements in funds 13 14 Revaluation ieserves 14 Revenue Funds 15 Fixed Asset funds 15 Incorne and Expenditure acoounl Summary of funds 15 15 Balance sheet 16 Cash flow statement 17 Notes to the accounts 19
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 The Trustees present their Report and Accounts for the year ended 31 August 2025. Reference and administrative detsils The charity name. The legal name of the charity is:_ The Machzikei Hadass Communities. The charitys areas operation and UK charitable registration. The charity is registered in England & Wales with the Charity Commission in England & Wales ICCEWI with charity number 235459. The charity does not operate in any overseas jurisdictions. Legal structure of the ¢harity The charity is constituted as an unincorporated charity. established by Trust Deed. The goveming document of the charity is the Trust Deed establishing the charity. There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The Iruslees are all individuals.
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 The principal operating address is- 17 Northumberland Sl. Salford, Manchester M7 OFE The Tw$tses In office on tho dat• th& report wa$ approved wgre: M 8runner Y A Sanger Y M Salomon The following person$ served as Trustees during the year ended 31 August 2025 -. The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year. or in the period beeen the year end and the approval of the accounts. Objects and activities of the charity The purposes of the charity as set out in its goveming document. The Charitable Trust's objects are to further the observance of orthodox Judaism, to encourage and support the advancement of Orthodox Jewish Religious Education, to establish all inslilulions required by an orthodox Jewsh community and any other charitable activity. The main activities undertaken in relation to those purposes during the year. The policy of the Charitable Trust continues to be to support these activities as follows.. 11 The trustees own several buildings including a synagogue hall and ritual baths. These are used constantly by the Community members. 21 The Trustees employ a Rabbi and various supervisory officials to ensure that the highest standard of religious requirements in all spheres of Judaism is achieved and maintained. 31 The Charity operates a charity fund voucher account, the surplus in which, is used for its objects.
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 The main activities undertaken durlng the year to further the ¢harltys purpo$e for the public benefit. The Iruslees ¢onfim that they have referred lo guidance ctsnlained in the charity commissitsn's general guidance on public benefit and in particular ttr ils supplementsry public benefit guidance whèn reviewng the charity's aims and objectives and in planning future aclivilies, and setting the grant policy for the year. The main achievements and performance of the charity during the year. The trustees consider that the perfomiance of the charity this year has been satisfactory. It has been able to fund its various activities and distributions as indicated in the SOFA. There were no changes in its activities. The dIffenCe the ¢harltys performance durlng the year has made to the beneflclarles of the charity. and widersociety The Charity's perfomiance has considerably benefited the beneficiaries in the community it serves and wrider afield Investmentpowers andperfom7ance. The Iruslees are aulhorised lo make and hold investments using the general funds of the charty, and these are shown in the balance sheet. Structure. governance and management of the charity The mglhods usod to recruit, appoint and traiTn now charity trusto0s. The Board of Trustees is aulhorised lo appoint new Trustees lo fill vacancies arising through resignation or death of an existing Trustee. Most Iruslees are already familiar wf(h the practical work of the charity having received guidance from the existing Iruslees prior lo appointment. New Iruslees are further encouraged to attend training sessions organised by the charity
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 How the subsidiary undertaking(sJ is/are constituted and managed. The charity's subsidiary Teslbell Limited continued to operate providing the communrty with Kosher ptsullry.lts other subsidiary Erez Imlcl Ltd provides a regular income from ils property inveslmenls. Bankers Solicitors Co-operative Bank, Manchester Kuit Steinart Levy, Manchester 8 Olsberg & Co, Charted Accountants and Registered Auditors Manchester Auditors Financial rnviaw The charitys financial position at the end of the year ended 31 August 2025 The financial position of the charity at 31 August 2025 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:_ 2025 2024 Net income 236,087 56,945 Unrestricted Revenue Funds available for the general purp05e5 of the charity unstrICted revaluation oserve 4,332,534 4,0*,449 649,849 649.849 Totsl Unrestrtcted Funds 4,982.383 4,746,297 Total Funds 4.982,383 4.746.297 Financial review of the position at the reporting date, 37 August 2025. The charty provided Shechitsh and Supervisory seNi¢es during the year which produced an inwme of £169.648. Donation and subscriptions received during the year were £1,786.322. Gift aid of £428,337 was re¢eived from the charity's wholly owned $LJbsidiary companies, Teslbell Ltd and Erez Imanchesterl Ltd. The charity paid out charitable grants lotalling £1,454,507. The charity spent £193,061 on communal services which induded the cost of running and refurt)ishing the Mikvas. Maintenance of religious buildings, including security, was £259.188 Rabbinical and Supervisory Services were £391,099. The cost of Management and Adminislralion was £133,451. The charity's surplus for the year was £238,087 (Previous Year £56,945). The results of the ¢harity'S $LJbsidiaries are shown in the account$. Funds available are sufficient to permit the Trust lo continue in operation in the medium lemi.
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 Policies on reserves. The Iruslees aayS wish lo retsin income to provide for unforeseen ¢tsnlingen¢ies and the amounts retained will fluctuate from year lo year. The amtsunl of distributions made in any period wll lake into account the necessity lo have these reserves available in accordance with the Trustees policy. The amount tsf reserves lo be held is reviewed annually. Going Coftcern The Iruslees consider that the going concem basi5 of accounting in the preparation of the financial 51alemenls is appropriate for a period of al least twelve months from the date when the financial 51alemenls are aulhorised for issue and that there are no material uncertainties due lo the discretion in making grant5 and maintaining adequate reserves. Avallablllty and adequacy of assets of each of the fun(ts The board of trustees is satisfied that the charity's assets are available and adequate to fulfil its obligations in respect of each fund. The majorrisks to which thg Charity is PoSed and reviews and systems to mitigate them. The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the Trust. These risks include macro economic factors governing the whole economy that could expose tenants and thereby pul value of the investment properties at risk with the associated knock on effect wlh lenders covenants. Additionally, the charity may be exposed lo interest rate increases with reference lo loans and their repayment. The Iruslees examine the major risks that the charitable trust faces each financial year when preparing and updating its budget. The Charity has developed systems lo monitor and control these risks to miligale any impact that they may have on the charity's future.
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 Details of Tha Auditor B Olsberg FCA For and on behalf of B Olsberg & Co. Registered Auditors 3 Middleton Road Manchester M8 5DT ststgmont a$ to dl$clo$urg of Infomiallon to audltors The Iruslee5 51ale that so far as each of the Iru51ees at the time this report was approved are aware'.- al There is no relevant audit infomialion las defined by section 418131 of the Companies Act 20061 of which the auditors are unaware, and b} The trustees have taken all steps that they ought to have taken lo make themselves aware of any relevant audit infomiation and establish that the auditors are aware of that information. Statement of Trustees. Responsibilities The charitys trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Nolthstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reportsl Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according tc) the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounts'ng periods beginning on or after 1 st January 20191, (The SORPI, . In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to lo prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl. select suitable accounting policies and apply them consistenUy', make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless il is inappropriate to presume that the Charty will Continue in business", slate whether applicable accounting standards and 51alemenls of recommended practice have been followed, subject lo any material departures disclosed and explained in the financial statements.,
Machzikei Hadass Communities Group Trustees. Annual Report for the year ended 31 August 2025 The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the stste of affairs of the charity and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy al any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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. The Trustees are also responsible for the contents of the Trustees, report, and the slatulory responsibility of the auditor in relation lo the Tru51ees' report is limited lo examining the report and ensuring that , the report 15 COT151slenl with the figures disclosed in the financial 51atement5. This report was approved by the board of Iruslees on 29 June 2026. M Brunner Trustee
Machzikei Hadass Communitse8 Group Ind&p•ndontAudltOV8' R•port to tho Trustsos of tho Charlty Ot) th8 ¢0118olldatsd group accounts forth& yearothd8d 31 August 2026 Introdudiorb We have audiw the consolid8led financial slalemenls of Machikei H8dass Communities tsroup for the yesrended 31 August 2025, as sel Out on pages 12 10 26. which Comprise the Slalemeni of Financial Activitie5, the Income and Expenditure Account, the Slalemenl of Recognised Gains and Losses the B31ance Sheet and the related notes to the financial slalements, including a summary of significant accounting policies. In our opinion. the accompanying finanal $18lemenls of the ¢h8rilable group are prepared, In 811 m8ierial respects, In sOrdanCe Mlh chariiy18w spplicable wlhin the jurisdiction of England & Wales and. in partiJ1ar, the accounts have been prepared in accordance with FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporbng by Chariliesl 2015. las 8mended by the Bulletin issued in Qclober 2018 and 8pplicable lo all accounting periods beginning on or after 1st January 20191. IThe SORPI, published by the Charity Commission In England & Wales ICCEWI. effective January 2016, underthe historical cost convention. arbd in accordan with the accounting poliaes set OLrt on page 19, which framework conslitLrtes the applicable Ljnited Kingdom Generally Acpled Accounting PractiTr. Llmltstlon ot Ilabll This report is made solely to the Trustses of the Charitable group. as a body, in aceordan¢È 71 the requirements of Section 154 of the Charities Act 2011 (The Actl. Ourwotk has been undertaken so that we might slate lo the Ttuslees those mallers we are required lo slate to them In an Auditor's Report and for no other purpose. To the fulksi exienl permiiied by law, we do not accept or assume liability or responsibility lo anyone other than the TtUslee5 as a body, for our work. for this report or for the opinions we have fomied. B8818 for our opinion We have been appointed as auditors under section 144121 of The Charities Act 2011 and report in 8ccordan vAlh regulation5 made under section 154 of that Act. Wt Conducted our audit in a¢cDrdan¢è with Inttmational St8ndards on Auditin9 IISAg-UKI, igsued by the Financial Reporting Council, and applicable law. Our responsibilities under those standards are further described in the Auditors. Responsibililies for the Audit of the Finallal Slalemenls section of our report. We Sre independent of the charity In 8curdance with the ethical requirements Ih818re relevant to our audit of th6 finan¢a81 statements in England & Wales, and wt havè fuilled our Olher ethical responsibilities in accordan with these requirements. We believe that the audit evidence we have obtained Is sufficient and appropriate to provide a basis for our opinion. Re$ponslbllltles of Management and Those Charyed wlth Governan¢e forthe Flnanclal Statement5 As describ6d on page 6, you. th6 charit8ble group's Trustees. arè responsible for th6 prèp8raiion of th& consolidated financial statements forthe charitable group in accordance véith the Ch3rilie5 Act 2011 and 311 olher applivble law and with United Kingdom Generally AcTrpled Accounting PraCtiand for being satisfied Ihal Ihe financial slalemenls give 8 true and fsir view. Tre Truslees,who are charged with governanTr. are respons1b for overseeing the ch3ri1able group's fin8ncial reporting process. Managemenl is responsible for Ihe preparation of the finanual $18lemenls In accordance wlh charity Isw of th&jurisdi10Th of England & Wales 8nd for such internal conlrd as management delarmlnes Is necessary lo enable the preparation of finaTrci81 slalements that are free from material misslalement, whether due lo fraud or error. In preparing the financi31 slalements, management is responsib for 8ssessing the charily's ability lo conlinLE as a going concern, dl$051ng. as applicabk, matters related 10 going concern and using the going ¢oncem b8sis of 8ccounllng unless man8gemenl either intends lo liquidate the charity or 10 tease operations, or has no realistic altemative but 10 do so.
Machzikei Hadass Communitse8 Group Our obl8Ctlves ar8 to obtain reasonsbla assurance abouiwhetsr the consolid8ted flnanual $18iemanls sg a whole are free fmm material migsiaiement. Yéhether due to fraud or etror, and lo isgue an auditor's report Ihat indudes our opinion. Reasonab assurall is a high level of assur3n, bul is not a guarantee Ih8t an audit conducted In ac¢ordan* wlh ISAS-UK Mll aayS deleGI a materi81 mlssi8iemeni when 11 exists. Missisiemenls can 8rise from fraud or error and are considered malerlal If, individu8lly or in the a99regaie, they Could reasonably bè expècted to inffluènce the Économic decitsions of user5 taken on the basis of these financial statements. Our responsibility is lo audit snd express an oplnion on the ¢onsolldalad financl81 sialaments in accordan(E wlh relevant leg81 and regulatory requirernents and ISA5-UK. Those standard5 reguire us lo comFAy with the Ethical Standards forAuditors published by the Financial Reporting Counal and lo:_ Identify and assess the risks of material mi5Statement of the finanal statements, whether due to fraud or e0, lo design and perfomi audit prOdureS responsive lo those risk5 and to obtain audit ewdence that Is suffiueni and appropriate lo provide a basis for our opinion-. To obtain an und6rslanding of internal conlrd relevant to the audit in order to deslgn audll procedures thai are appropriate forthe circumstances, but not for the putpose of expressing an opinion of the effectiveness of the charity's internal control.. To evaluate the appropriatenesg of accounting policieg u$ed and the reason8blenes$ of actouniing eslimales and related disc105ures made by the charity., To conclude on the appropriateness of the charity's use of the going coTr(Em basis of accovnting and, based on the audit eviden obtained, whether a material UnrtainlY exists related to events or condnions th81 m8y ust signific8nl doubl on the ch8ri1y's ability lo continue as a going concern,. To evaluate the overall presentation, structure and content of the consolidated financial slalements, induding the disdosures, and vthether the financial slalements represent the underlying transaction5 and events in a Manner that achieve5 8 fair presentation. Obtsin sufficY&nl appropriate eviden regarding the finanal information of the enlilyes or business 8Ctiviues vAlhin thé group lo express an opinion on the group flnancial slatem8nls'. We 3re required lo report to the TTuslees our opinion a5 to whelher the consolidated financial slalemenls give a true and fair view and have been property prep8red In accordance wlh United Kingdom G&naraltyAccepied A¢¢ouniing PracU¢e and ts ch8n1$ IA¢counts and Raportsl Regulations 2008. W& Sre also rt4uired lo report to you If, In our opinion. the TrLJsiets' Annual Report is malerl8lly inconsi51entwith the financial statements. if the tharily has not kept ade4uate accounting records, if the ch3rity's financial slalemenls are not in agreement with the 3ccounting records and retutns, or if we have not received all the Inform81ion and expl8nalions we require for our 8udil. or If information sp&&fi8d by law regardlny Twslaes, r8muw&r8lon and Ir8nsacUon8 wlh the charliy Is not disclosed. In addition, we resd all financial and non-financial infomation in the Trustees, Annual Rtport 10 idenlrfy material 1ncon5i51eneS with the audited fin3ncial slalements and to idenltFy any infotrnation that Is apparenlty materially incorrect based on, or materially inconsislenl with. the knovAedge acquired by us In the course of pertorming the 8udil. If we become sware of any apparent makrial misslalemenls or inconsisienuÉs wè considar Iht implications for our POrt. We conducted our audit in accordance with ISAS-UK and in accordance th the Practice Note, The Audit of Charities in the United Kingdom. revised in M3rch 2012. We s reouired 10 plan 8nd perfom our audit so as to meet the above reouirements and to obtain all the infomiation and explanations which we consider neSSary in order lo provide us with sufficient evidence lo give reasonable assJranTr th81 the finanual statements are free from maleiial mlss18temenl, whether caused by traud or other Irregularlly or error. In the uurse of our audit. we c¢mmunic8le with those charged vllh govemantr regarding, amorvj other mattets. IhÉ 8nned g¢ope and limino of the audit 8nd signifinI audit findin9s, includin9 any significant deficiencies in intetnal control that we identify during the audit.
Machzikei Hadass Communitse8 Group A¥$lstan¢o wlth accounlancy 8nd tsx mattorg In accordance wlh the axempiion provided by APB Ethical Standard- Provisions Available for sMalr Entities. we have prepared and submitted the charitys relums to the tax authorit8 and assisted ¥th the prepar3tion of the ac¢ounl5. Eligibilty of auditor and Status of audit We confirm that we are eligible under Section 144121 of the Charities Act 2011 to conduct this audit, and that this report is a report in respect of an audit c9le(l out under the Acl arKI In accOrd8n with the Attention is drawn to the accounting pdicy stating that, noiwithstanding the ewicit requirement in the extant st3tutory regulations. the Charilies IAccounls and Reports) Regu13tions 2008. lo prepare the fin8ncial slalemenls in accordance Wilh Ihe SORP 2005. in view of Ihe f8¢t that the SORP 2005 has bèen wlhdrawn. and in Order 10 accord th CLJrreni bèst praciict. th6 TrLJ$iÉe$ hsve determinèd 10 prepare the financial 51alement5 in accordance with the FRS 102 SORP (Slalement of RernMended Practice lorAccounling and Reporting by Ch3ri1Esl 2015. la5 3mended by the Bulletin issued in October 2018 and applicable10 8118ccouniing periods beginning on or after 1st Jsnuary 20191. (The SORPI, Wè Concur wlh this 8pproa¢h, and any r8ferèn¢8s in our report to Iht rè9ulations should bt read subject lo this comment. Oplnlon on tho Flnan¢lal Statements In ac¢ordan¢e th Regulations 25lyl snd Ihl of the Charitles IAccounts and Raportsl Ragulallons 2008. in our opinion the charity'5 financial statements-. Give a true and fair view of the state of affairs of the charit3ble group as al 31 August 2025 and of ils Income and Expenditure lor the finanu81 year then ended and. in particular. the finanryal have been property prepared, In all materi81 respeths, In accord8n¢e with United Kingdom Generally Accepted Accounting Practice applicable lo entities of ils size and h8ve been propèrfy prepared in accordance Mlh the requirements of the Charities Act 2011, and have been prepared in accordan wilh the methods and prinuples required by the FR$102 Slalemeni of Recommended Pradice for Accounting and Reportiw Issued by the Charity Commission in England & Wales ICCEWI. 6ffè¢tive January 2015 ITht SORPI, 8nd those m8ihc*Js and princie5 have been folbwed. 10
Machzikei Hadass Communitse8 Group Matters upon whl¢h 8ro roqulred to report by exceptlon Wè hava nothiw to report in resptct of Ihe folk)winy mailèrs wher8 th8 Companieg Act 2006 reguires lo report lo you, if in our opinion-. the charitable gmup has not kept adaqual8 accounting records,. or th& financl81 slalam&nts are not In agreement th the a¢¢ounlng records snd r&ttJms', or if infotTn8tion specified by law regarding TtU$lee$' remuneration and transactions 1th the Charity is not disclosed. we have not recelved all the Infomiation and explanallons we require for our audit. Sign*d=. Olsborg FCA- Senlor Ststutory Audiior For and on bphall of B Oltsberg & Co.- Regitstergd Auditor8 Chartered Accountants and Registered Auditors 3 Middleton Road Man¢h6sier M8 SDT This report was signed on 29 June 2026
Machzlkel Hadass Communltles Group - Consolldated Statement of Flnanclal Actlvltles for the year ended 31 August 2025 Consolidated Statement of Financial Activities for the year ended 31 August 2025 eThtyr Unrosthct•d Funds ¢urRntyear Rqstrict•d Funds Curiwtyear Totsl Funds Prforyeaf Total Funds 2026 202 25 2024 In¢om8 & Endowmènts Iwm.. Donations & Legaues Charit8bk acbvilies ITwestrnenls 25 1,938,307 5,126,920 25,256 1,938,307 6.128.920 25.2S6 1.743,923 3.505,485 28,425 28 Totsi In¢om• 7.092.483 7.092A83 5,278.833 Expendlture on= charitab activities 6,856,396 6,8S6.396 5,461,888 Totsi oxwndlturo 6.856.396 6.856.396 5,461.888 Net incornp lortheyear 236,1)87 236.087 1183.0551 Net Income aftertr•nsfers 236,QB7 236.087 1183.0551 Other recogni5ed gainslllossesl Netgains on revaluation of fixed asgelg 240,000 Net movom•nt In funds 236,087 236,087 56,945 Re¢on¢lllatlon of fundg'.- Total funds broughtforward 4,746,298 4,746.298 4,689,351 Totsi iut)d8 ¢arrl6d lotwa 4,982,385 4,982,385 4,746,296 The'SORP Ref Indicaw alve Is Ihe assIfIcation of inc(Kne set out in the SORP documents. As required by paragraph 4.60 oflhe SORP. the brOughtfoard and carried foward funds above have been agreed tothe Ba Sheet. A Stslemenl of Total Rets)gnlsed Gains and Lossas is nuded as a primary slalement these attounls. JI th& prior y&8riransactions were unrestricted items. and no fvrther analysis is ra4uir8d All activiti88 deriv8 from continuing operations The notes atta¢hed on pages 19 to 26 fomi an Integral part of these a¢¢ounts. 12
Machzlkel Hadass Communltles Group - Consolldated Statement of Flnanclal Actlvltles for the year ended 31 August 2025 Consolldatsd Statement of Total Recognlsed Galns and Losses for the year ended 31 August 2025 2025 2024 Surplu8 fortho year:_ Net èxcess of income over expenditsjre from operations before lax Realised gains on dispos81s of social in¥eslments vthich are programme related 236,087 Income Irom operatron5 before taxin the Statementof FinancialActivites 236.087 1183.OSSI non in¢omÈ•ndèxp*Jditure items.". Gains and h)sses on revalu81ion of fixed 8nd intangible assets Net Movemert in funds bpfore taxatio 240,000 56.945 236.087 Funds generatsd In tho y04r as shown on Statemont of Flnan¢lal Actlvlll88 236.087 56.940 The notes attacheil on pages 19 to 26 fomi an Integr81 part of these accounts. Machzikei Hadass Comfflunities Group . Group Resources applied in the year ended 31 August 2025 towards fixed assets for Charity use'.- 2025 2024 Funds generated In the as detailed In tha SOFA Resources applied on functional fixed assets Qlher applic81ions of funds 236,087 56,945 15,9651 Net rwsources avallable to fund charltsble actlvltles 235.087 50.980 The resources applied on fixed assets for charfty use represents the cost Of 8ddlti¢ns less proceeds of any dlsposals. The notes attached on pages 19 to 26 form an integral part of these accounts. 13
Machzlkel Hadass Communltles Group - Consolldated Statement of Flnanclal Actlvltles for the year ended 31 August 2025 Consolidated movements in revenue and capital funds for the year ended 31 August 2025 Revenue a¢¢umulaied funds UTrr8strictsd Rqstrict•d Totsl Lastyoar Totsl Fynd5 2024 Funds 202S Fynils 2025 2025 A¢cumuted funds bgMforward 4,096,449 4.096,449 4,279,502 Recognised gains and losses tefore transfers 236,087 236,087 4.332,$36 4,332.536 4,096A47 Closing revenue funds 4.332,S36 4,332.536 4,096A47 Con501idatgd Rgvaluation R8sorvo Fund Utsrestrictsd Restricted Totsi L4$tyeai Totsl Funds 2024 Fund Fynds 2025 Fynds 2025 2025 At 1 September Revalualh)n thi$ year 649,849 649W49 409,849 240,000 At 31 August 649,849 649.849 649.849 Sumrnary of consolidated fund5 UThrèStriCtsd Rtstrictsd Totsi La#tYèar nd Deslyn4ted lunds 2026 Fvnd8 Fynds Totsl 202 2025 2024 Revenue accumulated funds Revalualh)D reserve fund 4,332,536 $49,849 4,332.536 649,849 4.096,447 649,849 Total funds 4.582,3B5 4,982.3B5 4,746.296 The notes attached on page5 19 to 26 form an intsgral part of these accounts. 14
Machzlkel Hadass Communltles Group - Consolldated Statement of Flnanclal Actlvltles for the year ended 31 August 2025 Machzikei Hadass Communities Group Consolidated Income and Expenditure Account for the year ended 31 August 2025 2025 2024 In¢ome Inwmefrom operations 7,067,227 5,249,408 Investment income and intere51 Income from Investments, other than inleresi rewae Interest re¢Eivable 18,636 6,620 24,682 4,743 Gro88 Incomè In th• year b8loro 8x¢optlonal Items 7,092,483 6,278,833 Gross Income In the year Includlng exceptlonal Item¥ 7,092.4B3 5,278.B33 Expenditure Charitabk expenditure, excluding depre¢{lon and amortisalion Depreciation and amortisaiion Govemance costs Interest payable Realised knSs diswsals of $oci81 investmemtswhich are programme relaiaj 6,810,539 3,789 12,000 30,068 5,424,560 4,410 12,000 20,918 Totsl expendilure in the year 6,856,396 6,461,888 Met Income b0Ve tax In the flnanclal year 236.OB7 1183.0551 Tax on surplus on ordinary activllias Net Income after tax In the flnanclol year 236.087 1183.0551 Retained surplus forthe financial year 236.087 1183.0SSI All activities derive frotn continuing operations In acCordanth the provIsnS of the CompaniesAct 2006. the headings and subheadings used in the Income and Expenditure acLounl have ken adapted to reflectthe swal nthie oflhe chariW5 activities. The notes attached on page5 19 to 26 form an integral part of these accounts. 15
Machzlkel Hadass Communltles Group . Balance Sheet as at 31 August 2025 Note5 2025 2024 Flxad as88ts Tangible 8ssels 4,843,734 4,846,523 Current8860ts Stocks 20.000 1,311,908 320.577 20.000 1,132.746 333.373 Deblors Cash at bank and in hand Total currènt886èts 1.652.485 1.486.119 Creditors.. amounts falllng duo wlthln one year 11.259.712) 907.4581 Net curr8nt 8888ts 392,773 578,661 5,236,507 5,425.184 Net assets Creditors.. amoun18 falling du8 after more Ih8n one year 14 1254,1221 1678.8861 Thè totsl not 88s0ts of thè charlty 4.982.385 4.746,298 The total net ass of th? charity are lunded by the fvnd5 of th? charity, as fOll:_ Restrictsd funds Unrestrfjctod Fund8 Unreslrided Revenue Fund5 21 4.332.536 649.849 4.096.449 649,849 UnrÈ$lricted Revaluation ResÈNÈ 21 4,982,385 4,746,298 Designated Funds Total charlty funds 4,9B2,385 4,746,298 The'SORP Ref indicated above is the dassificalion of Balance Sheet ilerns as Set out in the formal SORP docutnents. As required by paragraph 4.60 ofthe SORP. the brougm forward and carried fotward funds above have beèn agreed to the SOFA. The TruslÈe8 acknovAedge their respon8ibiliiies for complying th the reouiremenls of d)arity gISlatIon %wlh respect to 8ccounling records and the preparation of accounts. The charitable group is subject to audit under charity legislation, and the report of Ihe Charities Act auditor is on page 11. M Brunner Trustee Approved by the board of trustees on 29 June 2026 The not85 attached on pages 19 to 26 lo an integral part of these accounts. 16
Machzikei Hadass Communities Group Consolidated Cash Flow Statement for the year ended 31 August 2025 2025 2024 Cash flovts from operatlng actlvltles Net cash provided by operating activities as shown below 427,350 1456,7481 Cash flows from investing activities Interest received Other investment income, including rents from investments Purchase of property, plant and equipment 6.620 18,636 11,QOOI 4.743 24,682 15,9651 Net cash provided by investing activities 24,256 23,460 Cash flows from financing activities RepayTnent of amounts btstrowed 1484,4021 131,5201 Net cash provided by financing activities 1464,4021 131.5201 Overall cash provided by all activities 112.7961 1464,8061 Cash movements Change in cash and cash equivalents from activities in the year ended 31 August 2025 112,7961 1464,8081 Cash and cash equivalents at 1 September 2024 333.373 540,077 Change in cash and cash equivalents due to exchange rate movements Cash at bank and in hand less overdrafts at 31 August 320,577 75.271 17
Machzikei Hadass Communities Group Consolidated Cash Flow Statement for the year ended 31 August 2025 Machzikei Hadass Communities Group Cash Flow Statement for the year ended 31 August 2025 - Continued Reconciliation of net income to net cash flow from operating activities Nel income as shown in the Slalernenl of Financial Activities 236.087 1183,0551 Adjustments for:_ Depreciation charges Write downs of investments Net unrealised losses on investment assets Dividends, interest and ients from investments Decrease in debtors Increase in creditors, exduding loans 3.789 4,410 125,2561 1179.1621 391,892 129,4251 1143.7781 1104,8981 Net Cash provided by operating activities 427,350 1456.7461 Analysls of cash and cash equlvalents 2025 2024 Cash in hand at for the year ended 31 August 2025 320,577 333,373 Total cash and cash oquivalgnts 320,577 333.373 Machzikei Hadass Communities Group Cash Flow Statement for the year 8nd8d 31 August 2025 - Continu8d Analysis of change in net debt Atstsrt Cash Atend 0fr 333.373 Flows and of yèar 320,577 320,577 142,8851 1678,8861 Cash 112,7961 112,7961 39,638 Loans falling due within one year Loans falling due after more than one year 182,5231 1678.8861 Total 1428,0361 26,842 1401,1941 18
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 1 Accounting policies Poli¢ies frwaiingto tyJ8produ¢tton olthsa¢¢ounts of préparatlon and acc<)unlng convention Th&axDunt8hav8 b8en pr8par8d on lh8 acats basls, und8rth8 histOriC31 cDsl convélltion, and In aCc(anc811h lh8 Financial RepDrting Standwd 102. (effective 1stJanuary 20161 and'FRS 102 8ORP18tateThentof Recommended PracticeforAGcounling byChanbe51 2015.145 arnethj by Ihe Eullelin i55ued In OGtthr Z018 a CommiSSlOll Ewland &WalgslCCEW). &ff9thjanUary 2018., In aCrdancvh all aPIcable In th8 chanvs iunsdiction of regtratiDn. expt Ihal thechanlyhas prepared theancIal statements In aCCordanvhthP FRS 102 SORP ISlatemEnt DIReGDmrnethJ PralEeforAou1ig and RepOThJ byChantie51 2015. la5 ameThJed ty SORPI, In Praf8rat0 Ihg pr8wiOUS SORP, th@ SORP 2005. whlch has wthdrawn, nDlwilhsta1in9 Ihe f3d thalth& exlanlslaiuioryregutIon, the chaleS (Accou$ and RepDrtsl ReguLgtiOns28 refer expl1tothe SORP 2005 Thi5 ha5 been done lOrdtth [reTrt bE5t pratknte. Control of Group Thewi ¢hariiyh?$ w¢that cle¥I$ overlls sub$ldk)$. Con¢em ThechanieblB activities are entiretydepeThkTht Dn gra aid VOnry[tiOTr aswellastradin menues. AS & conseiuence, the CCeM b&siSdeperthntnthefUflo Of ese lunding sirÈ8ms. Accoidlngty. lh8 Trs1@èS hava obl2ed fOSIS and, Iha finAnclaIfDrSIsfDr Ilrè pÈTrod$tD 31st Au9USt 2025. Ihé TTu8ts8s aré salisfiédthat al thé Ofapprov9 th8financial slaléffl8nts, rt Is atwopnat@ to adopt the going conrn basis in prepariThJ Ihefvancial ststements. Otherth4n these matters. theTtusteeSert4re maiena Urttrfamitegatthe canygabilty 10 ¢oniinue as ¢em. Th@chantyisa pthlic ben8fit8nb
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 PollclesrelatlRyto categortes ofInconandIR¢Ome recognltlon. Natur&of incom• Gm$6 irKome r¢en1$t olvalue addedtax and di6¢ou$, ol go¢ds prowaed lO¢U$t0Mer$4wQik trl8d oulin rèspect ofs8rwic8s pIDdad locustom8rs C&tsgoriss of Incom• IrK4me is rAegonsea as In¢omelrom eAcanOetrsaions i¢oniract income) ana inty)me fvom rthex¢nange transa¢tlons19insl, InVe9t Inwm9 2nd otherCorn. In¢¢m¢ Irom ex¢hange tran$a¢tions i$re¢eived bythecariiylor9ood$ or WVi¢e$supphed Under¢onira¢tore V31u&tD th8 grths 01 s8rwic8S SUtWi8d byth&thaTllytD th8 purthas8r. In¢¢m¢ from a n4néx¢hanye tran$a¢tioll 16 vfftere the chty value from t4)rWtprOVI1Iffj equal value in ex¢hawe. and indudes donati$ olmorw, g¢(l$ and servtis lreely9lvenh)utg1v1ng In xchan98 Incom8 rocognhtlon 1Thffle wh&th8rtrrffl 8xchang8 or non 8xchaw8 ITan83lS. r8COgnis8d In the slaléM8Tht Dffinancial aciMtI8S ISOFAI on a re1vable basis. vthBn atraTrsartion orotherevent results increase In e charitys as8etsora tjGI1¢ in Ils Iiaknliiiesand tsnfywhenthethanty $ $1 eniitiement, the Income ts Wobabk &tn messLTed rdlabty. DIdejeCced when 5harthobkrfs ioreceive psyrnent Is eStals. IKorne subJ9¢110 Iwns and ¢ondllw)n6 whl¢h mu$t be before the ¢?diy 1$ gnlllw 10 Ihe rgsow¢9s Is Mt reG¢gniS¢ til Ihe condi1S have b88n Al Inctsme is SCC4XJnied ftr#rtsSS, beioie deduthino Ényrthedfees or ty)5ts. GIftAld DDnatkn5 from 5ubsldlarfo5 FRS 102 requires9iQèid paymetst$lron) be ac¢4unied lty¢on$ienityw4iln FR$ 102 reguires 4lvid9nd$tD b9 thèshar8Wd9r'$ rlghl io r1v9 P2ym9nt1$ 9$tabIh9d. Th9 P319ni ¢haTrty's Ilghlto receive payment Is eStabIhedWheTrthe subsidi?ry has a legal obligation lo dknlrtS profrtsto its On8r5 atth8 retutiThJ dale. Therefore. the gfft awj paymenli5llOtaccrLwyJ In Ihe5e Individual coUrt5 ofthe parert(hanty leoalobligion i¢rine SubSiJiary io maKetr pmwieMiSlS ai Ine portIng tste. Policie8 relatinyto expwjditureoft goods andservicesprovidedlo the charity. Polici&5 rel8tingto assets. liaknlities andprovi8ionsndothermatters. FI A$$gtlnYe$tmènts Ft¢ed asset Investments inquotéd shares. tradéd bDnds. iThVéstM8ntprap8rt and sirnilarinv8Stménts ar8 shown Initially t Goslut 4CqU151tiDn aThJ al arke1ve1UeatthB balan 5heetdatE £ltheendof IhEfin4nGi£I peTh)d. Inve5lBTrt prwrtE$ar¢nthaepreoJ. Fiyed asset Investments in unlisted equitiesareshownat Ihe b8ce shBet dale atthB bestestimateofthBirmatket value. vthetE PtathiGBble. Where v4u&lion lechTrique5 are SIdered unreli4ile Orvthere. inthe Opini ofthet51ett5. w$1$ 0eIgn Ine owe(Il$iO the oiine a¢¢oJn1$, 1heinwesimwi is ai a re¥Wi$underfaKen at 8achygar8nd asto thèthorthèassal ba wnll8n down Algains Dnfixed aetlVeets.hPthPr reai8ed Dr eij. are Ied In r¢T B4 (*thB SlatefflBnt Df Finsnual A111&$. 20
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 Tanglble flx¢dass¢ts Tangiblefixed assetsare Mea$e atthBIr0ngK costv8lue. SUbseQUEnt reva&0, orrfiknated, asdBscnbed 8bDve. Costvae1Trde5 al w5ts expeThJed In bnnging a55Elirto 115 Inlended WDrknry wnthion. pre¢iabOTh haSbn provided atthefoIknAty re$ In Ordertovite Otfiha5SStO IheiraniKipated vdue Ov FeOI1 wemises LeasehrAd premisas O % strawJht line 2 % 8travJht 20 % stravJht Ie 20 % 5trawJht Ie )tDrveh A guraMAUl eOI Ihe kdihOOd oiasset IM1ren1 ts undertak). Noaepretiion is proe& on [eOId w0perfy1 Impmvemenis bÈrAuse rt isthe practiceto maintain the propety In £¢hllinu21 ¥ate of stsjnd rwr. Awwdlngty. Ihg lif9 1$ $0 tho res?1 $0 hwh thai lh9 TrJse$ ¢onsthr that d8pr8Lyation calculal8d in accorda acc8pt8d ac19 s9rd$01d b8 immatstial. Dpbtor EW)tOr5 Éle meaajted ÈlihÉ¥rre¢over&AÈ mnts Èi thÈbdartÈshÈei dÉte. Fund A£countlng Un¢$inelna$&aYalb1e ltyuse ai the(re11¢n ¢ltrktrusiee$ in furtherartt ¢lthe9enerd Objective6 dthe De6v)wea [und$eun#ftCtrafuJ$ eanmaed byt Trueeslor partiular pwrN)ses. Re$id¢ied fvnd$ are sutle¢igd Iiire$irl¢tlon$onthelr 9ypendttwe imposed byih¢thn(rf¢rihiough Ihg ienr% Of weal oras imp byL Thére ar8 no doWlfUds. 2 Lkibllty to taxatlon Tre Tru$le CM$1derth the ¢hsniy Sl$[les the tests set Out in P&rayftyh 1 S¢hedule 6 Ot Ihe Finance Acl 2UIU I UK cwaih)n 1a% pJw$e$. A¢corliWy, Ine Charlly 1$ P01W1ialty e%9mpt iayaiion In re$pe¢i ol IM¢ome ty pIt4 gains r8C8ived within cat89OTIéS COV8réd by chapt8r 3 part 11 of thé Corporation Tax Act 2010 or S8ction 256 of T5110 Chargeai GaS Art 1992. lo the extent that such inclne g¥ins are applhyj the specffic ¢aniaLqe ObJeCt5 Ofthe aThdfOr no Olher puwe. 3 Windiny up ordi$¥olvtion of th• ¢harty 11 upon or di6$01Uli d Ine ¢harily maIn arty assets, anei Ine olaiidebl$ and labllilles. t ass8ls r81d by Ihe aCffla1d fund shall b8 tranSfr8d lo som8 olheT L*3lltabl8 body or bod3 having slrnilai objects lo the chan 21
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 4 Significance of financial instwtnents to the charitys positio There are no 51gnfficart 1ThicatIonSfn¥C1allTrtsuets iothechsnlvs finCIal Position Orperforman. and the ted nSkS. f(*ÈAampkthe terms and conditions Of In$. Orlhe use Of hÈdoin¢ to m8¢elImInaI nsk. 5 Net surplus bFf(e tax in the financial year 2025 2024 The nelsuWu8b8for8taxinth8flnanual 9[18S1adaft8r tharg¥wJ'_ D8pr8aation of oW[ri8d asséts Audllty¥ remuneration 3.789 12,000 6 Intpre8t payable 2025 2024 Loan IPSt 30.068 7 Galns and losses on re¥Aluatlon of fixed and Intanglbleassets CuYr¢n¢ygar Fud FuDd ToLIlFufflds Total Funds 202$ 20 R•valuallon of:. Pr4Pertv 240.000 240.000 Prlary8ar Pdoryear prtorYe4r prtwyeir unMbl¢lÈd FndS Rè&trfdÈd Fknnds Tot4lFund9 2024 24 Rovalu8llon of:. Propertv 240.000 240.000 8 StsNeosts and émolumonts Sfilaryc05t 2025 2024 Admirri8tr4tiDn Sal4[5 26.500 26.51K) Total fjaIar$. wa995 and related 26.500 26.500 AdditiDnalwages Induded In Rabi and SUpeMsorySee¥ 308,640 Nertherthetrustees norsnypet80Tr5 c0nndhthBrn hsve received y[erZtiDTrfrorn e charityoranyreLgted entity, er IA Ihe ¢LYteni orpnOrr. N08mpkny88sr8c8ived ldding pénsion costs) In @xc8ss Of £&0,( p8raMu 9 Rprnuneration and payments toTru8tees and persons Connected th them NOtlee$ or pers$ coMe¢ied re¢ei¥ed Y remurtratsonfrom the ¢haniy, eniity.
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 10 Tanglblo f[x 8¥8•ts Cury8ntY•ar Land and ant& MBchinery Mot<Jr Toial Al l Septemiw2024 AdditiDnS 4.821.555 107.667 11.779 4.941.101 1.000 At31 Auuust202S 4,821,655 108,667 4,942,101 tkpre¢iÈtitsn Al I Sepiemoet2024 chèfOr Ihèy9ar 84,158 3,517 94,578 3.789 272 At31 Auuu8t2025 87,675 98,367 N•t bookvslu At31 Auuu8t2025 4,821,655 20,992 4,843,734 At31 August2024 4.821.555 23.509 4.846.523 PnorYr Land and ant& Ma¢hinery Mot<)r Totsi Cost 02 Sepbar 2023 AddiiiDTh5 surp1j$ revaluai 4.579.990 103.367 11.779 4.695.136 5.965 240,000 240,000 J1 August2024 4,ll21,655 107.667 4,941,101 DpprKiation 02 SepiÈmbÈr 2023 Chatyelortheyear 80.087 4,071 339 J1 August2024 84.1SB 10,420 94,578 Net bookvalu Jl August2024 4821,655 23,509 4.846.523 01 SoPtMbor2023 4,579,990 23.210 4,604,968 Invesimeniw(Wy lsvalo by proresSb)rds, orby Ihe truSt¢eswhO hSveexpenen¢e in woperfyva1uab). 11 St<Jckg WO in Progrqgs 2025 2024 SIO¢kS bef(e wnie 20.000 20.0 20.000 20.000 Analysts oflhe ¢anylng valtseolstocksandworl 1npmgss bya¢tlvttles Sttths 2025 2025 2024 2024 cljvlty chanble A¢1le$ 20.000 2U.000 20.000 20.000 23
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 12 Dèbtors 2020 2024 Tradedebtors Prepayrnents Ènd È¢C¥ued income Otherd8biors 8.320 10.490 8.320 10.490 1.132.746 13 Cr4dltors'. amounts falllng duè %Ythln tsnè y•ar 2025 2024 BanklDSn5and overdraN5 42.885 402.658 20.599 82.523 401,094 20.599 1.250 401.992 Tr4decredit(5 Accmals PAYE. NIC VAT aMoiher taxes othei Grethiors 792.S20 907.458 14 Credltors.. amounts falllng due afteroneyear 2025 2024 Banklosnsand overaS 254,122 678,880 15 Loans to trustees Included In debtors Thére wer8 nD103ns Mad&t0truSt. 16 Guarantees made bythe charity on behalfof tNstees There were nD guarantees made truPe. 17 RaluatIOn ro$otv8 Curr•nty•ar Cwrnnty•4r Unresblcled Restrtcted Fund Fund CuYr•ntyèar Cuiyentyear Totsl 2025 2025 Z02 At1 S*ptombBr2024 Ansing On tsvalui0n th&ye8r 649.849 649,849 409,849 240.000 AI31 Augu$¢2025 Ug.849 649.849 $49.849 Alth8 roaatson81th8 pnDry8aTwasUni8Stric. prtorY•4r prtorY•4r Rèstrf¢ièd Fknndts Prknyeir TtstslFund Pnoryear Funds 20Z4 2024 Z024 At¥tsrtof pvIoUsYr Ansing on tsvalu10n dunng thÈye8r .849 Z40,000 240.000 Aiend gf prèvlou$ yoar Ug.&49 649.849 18 ItOMe and ExpendknreACCOUnt surnmary 2026 2024 Ali sewmr2Q24 Surplu$èftertax ftytheyear 4.096,447 236.087 4.279,502 Al$1 Augu$t2025 4.332.534 4.096.447 24
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 19 Rplated partytransactions Gift aid totaling E310.000 was Payab by Testbl Ltdto its p8rénl mackl Hkns commrtIeS Atth8y8ar8nd Had55s Comrnunilieswa5£333.62s fvurn rt5 sub51dwyTesW Lld £45B.535frDm it5 sub51di4ry Erez IMICI Ltd. 20 Partlculars of how partlcularfunds are represented by assets and Ilablllt6es At31 August2025 Unrtsblct•d DOgnal•d R1Cl•d Tot runds funds Funds Tangibl& Fix8d As88t8 CutT8nl Assets CutT9nl L13th419s Term LIIIVes 4.843.734 1.652.4B5 4,843,734 1,652,485 1254,1221 4,982.JSS 4.962.38S At1 S•ptqrnbBr2024 UnYisb1ct RN¢l•d Tot fund$ Funds Tanglblè FIx9d Asset$ Cutt9nl Asset$ Cutreni Liabilts Low Term Lilibes 4.846.523 1,486,119 I7,458} 1678,8881 4,846,523 1907.4581 4,746,298 4,746,298 21 Change In total funds overtheyearas shown In Note 20, anatysed by Indlvldual funds Furtd cartfèd rorkyard to Lwht funds In 2025 roNiard Irom 2D24 iw4#n In2D25 SEe Note 22 Uj)nstrlrteLlaftddesl9tè1Uds.._ Unty$irl¢ted R9Yenue Fund$ Un¢strie RevaJion Reserve 4,,449 649,849 236,(K17 4,332,536 649.849 TotÈl unr$tri¢ted Ind de$iyn4ted fund$ 4,746,29B 236.Q87 4,gB2.385 Totsl charity fund5 4,746,29B 236,087 4,982,385 2S
Machzik8i Hadass Communiti85 Group Nots8 to the Accounts for th8 y00r ondod 31 August 2025 22 Analysis of movernprt8 in funds overthe year shown in Notp 21 Othr EwndNure MovemEnt Log$es In fund¥ 20 2020 2025 2026 UFK05triCtsdanddo5ignatsdfvJ... Ullrestncted RevenueFunds 7,092,483 16,8M,3061 236.087 7.092N&J 18.856.398> 216.087 23 Thè purposes forwhich th8 ftsnd¥ Ut)rnStrlctÈdaTrddÉsl9t)at•dfuJ... The5Èfund5&Èhf0rthe meebng Ihe objeiVeS0fthP Eanty. and 10 ¢vldg rt$ervg$ for luiure al¥ll1e$. and $ubjeu to cafft1y legislation, tré&from all SIFIc110nS Dn Ih8lT US& U1Ctd R8v8w& Funds unCt@d Revaluatic R8s8 Th1$ lund r9preseni$ lh9 unreSid9 urplusaTr$kng on th9 rew?luaVon ol th&chanlls assets. R¢strf¢t¢dfunds.. R88triciéd FIx8d Ass8t Funds The purpD5eof IhE5efuThJ8istsscribed underthe aGcounting WAIGY Axoutsling fty¢apiia gtsnis &tsdlixed &e1 funds,. This tund r8pr8s8nts lh8 r8Strictsd sU[pS arising on lh8 r8valuatic rth charitls assets. Restric RevÈluatitiTr Re5etve 24 Ultlrnatecontrolllng party The¢nariiyi$underine ¢onird olit$trusiee$.
Ma¢hzik*i Hada$$ Communiti¢$ Group Detailed anatysis of income and expenditure for th8 year ended 31 August 2025 as required by the SORP 2015 This analysi$ 1$ ¢lasssifiedby Conventional nominalde$¢ription$ and not bya¢¢ivity. 20 Donations, Grants and Legacies eurv•ntyear Unrestrkied Fund# Cyrrenty•Jr Restrkied Fundl Cyrrentyqar Totsl Fund PrforY•ar T<)tsl Funds 2025 2025 202$ 2024 Donatlon$ and glfts from Indlvldv•ls or oryanls•tlong Sundry Donors 1,786.322 1,786,322 1,602.663 Tot•1 don•tlon¥ and glrts from Ind6vldual$ or oryanl$atlo 1,786,322 1.786,322 1.602,663 Currnntyeai Unr•¥trthd Funds CUThentYr R•strthd Fund5 gThtyèar Totsl Funds Prforyeai Totsl Funds 2026 2028 2026 2024 Reven grants from governmontand putyll¢ bodle¥ Communty Srity Trust 151.985 151,985 141.260 Totsl publlc gector revenue gr•nts 151,9BS 151,985 141,260 Totsl Donations. Grants and Legaci05 1,938,307 1.938.307 1.743,923 27
Ma¢hziki Hada$$ Communiti¢$ Group Detailed anatysis of income and expenditure for th8 year ended 31 August 2025 as required by the SORP 2015 26 Incomo from charitable activities Currentye8r Curr4ntyoar UDrestrktsd Funds Curronty•ar ReStred Funds Curr•nty8ar Totsi Fund PriorY•ar Totalfund 2026 2026 2026 2024 Prlmary purpose and anclllary tradlng Trading Incorne- Subsidiary Lelting of propertyf(K charitable PUTposes 4,954.172 4,954,172 3,416,939 5.100 5,100 Shechita and Sup&Msion 169,648 169.648 88,$46 Total Prirnary purpose and ancilLIry tradin¥ S,128,920 S,128,920 3.505,48S 27 Total IncomE Irom charitable actnfitie5 Curventyeav UDre5trktsd Funds ¢year Pestrttsd Funds CeYear Total Funds PrlorY6ar Currerttytsr Totsi Fund$ 2025 2025 2026 2024 Totsl Income from charitsble Iradino 5,128.920 5,128,920 3.505,485 Totsl from charltable acthfltles 5,128,920 5,121,920 3.505,485 28 Investment income curvrrt8V UnreStrkied Funds Currèntyèkr ReStrkied Funds CurrèThtyèar Total Funds PriOrY•a Totsi Fund$ 2025 202$ 2025 2024 Propèrty Rentsi Incoma IN&ii Bank Inleresi RetrIVae 18.636 6.620 18,636 6,620 24,682 4,743 Total inv88tm&nt incom8 25,2S6 2S,256 29,425 28
Ma¢hziki Hada$$ Communiti¢$ Group Detailed anatysis of income and expenditure for th8 year ended 31 August 2025 as required by the SORP 2015 20 Expenditure on charitable activities- Diroct spending Curr4ntyoar Unre$trthd Fund Curronty•ar Re$trthd Funth Curr•nty8ar Totsi Fund PriorY•ar Total Fund Current Year 2025 2025 2025 2024 Communal Servi Maintenance of Religious Buildings Rabbinical and Sup8rwisory Services 38 38 38 193,061 259.188 391.099 193.061 259,188 J91,099 70.020 279,960 J75,46J Total direct sp8nding 843,34B 843,348 725,44J 30 Expenditu on ¢haAtable activities. Charitsble tradin9 CurventyeAv UDrestrkted Funds Cuyrefflyeor Pestyttgd Funds CeYear Prforyear Toial Funds Total Funds cyrn1 Ye•r 2025 2025 2026 2024 Total costs of Subsidiary Activities 4,425,090 4,425,090 3.020,S$7 Total ChatabletradlTrg costs 4,425,090 4,425,000 3.020,557 31 Expendltll on ¢harftable a¢tlvltle$. Grant fijndlng of a¢tlvltle$ Curv•ntyear Unrestrkled Funds Cyrrenty•Jr Restykled Fund5 Cyrrentyqar PrforY•ar Totsl Fund Totsl Fund Current Year 2025 2025 2Q25 2024 Grants made to organisations 1,454.507 1,454,507 1.570,764 Total grantmaklng costs 1,454,507 1,454,507 1.570,764 Btsaldown olGrants mad8 to organl8aiiot)8 Curyentyear Unrg¥trttsd Funds ¢tYr Re¥trthd Fund5 myèar Total Funds Current Ye8r 2025 202S 202$ Sundry Donation5 1,454.507 1.454.507 1.454.507 1A54,507 Bvoaldown of Grants mad8 to organl8aiio Prioryoar Unrestrthd Fund PriorY•ar R¢$trthd Funth PriorY•ar Totsi Fund Pftior Year 2024 2024 2024 Sundry Donation5 1,570,7fj4 1.570.764 1.570.764 1.570,764 29
Ma¢hziki Hada$$ Communiti¢$ Group Detailed anatysis of income and expenditure for th8 year ended 31 August 2025 as required by the SORP 2015 32 Support ¢o$ts for ¢haritsble a¢tivilies Curv•ntygav Unrostrthd Fund$ Cyrrenty•Jr Rostrthd CwrreThty•ar PrforY•ar Totsl Fund Total Funds cUrt Year 2025 202S 202$ 2024 Employee costs not Includedln dlrectcosts Salarie$-Administrative stsff 26,500 26.000 26,61M) Premises Expenses Property Insuran 4,500 14,500 14.500 14,SOD Administrative overheads Telephone, Internet and computer ststionery. printing and advertising Software Ii¢en¢es and expènses Sundry expenses Office Admin 6.949 6.744 11,298 6,949 6,744 11,298 6,217 14,633 8,853 1.894 1,894 2,7SS Professional f88spaid to advisLV5 other than the auditor orexaminer Other Wal and professional 12,166 12,166 21,444 Firt#n¢io1 costs Bank charges Loan Interest Depreciation & Amortisalion in total 3.043 30,068 3.789 3,043 30,068 J,789 7,396 20,918 4,410 121,4$1 121,451 133,124 Total support costs 121,4S1 121,451 133,124 The l)8sis of allocation of costs belween acbvibes is dexriw underauting polioes All the 8xpendllur& in the prior year was unrasiricted. 33 Other Expenditure- Governance costs ¢urventyear Unre5trttsd Funds ¢year Re5trttsd Funds ¢*1year Total Funds Prforyear Total Funds Current Ye•r 2025 2026 2ts26 2024 Auditorf5 fees 12.(N)D 12,000 12,OOD Total Gov•rt)at)¢8 Msts 12,000 12,000 12,th) I the expenditure in the prior year was unrestric.
Ma¢hziki Hada$$ Communiti¢$ Group Detailed anatysis of income and expenditure for th8 year ended 31 August 2025 as required by the SORP 2015 34 Total Charitable exp8nditure ¢urventyear Unre5trttsd Funds ¢year Re5trttsd Funds ¢*1year Prforyear Total Funds Total Funds Cyrnt Ye•r 2026 2025 202$ 2024 Total direct spending Total charitable trading costs Total grantmaking costs Total support Costs Total Gov8rnance costs 38 843,348 843,348 4,425,090 1,454,507 121,451 12,000 725,443 3.020,S57 1.570,764 133,124 12,000 4,425.090 1,454,$07 12,ODD Total charitablE expendiiure 6,8S6,396 6,856,396 SA61,88B All the 8xpendllur& in the prior year was unrasiricted. Prforyear Unrestrkled Funds Prforyear Restrkled Fund5 Pdoryear Toial Funds Prior Year 2024 2024 2Q24 Total direct 8pending Total charitable trading costs Total grantmaking costs Total 5UPPOrt costs Total Governance ¢osts 725.443 3,020,557 1,570.764 133,124 12.000 725,443 3,020,557 1,570,764 133,124 12.000 Totsl ch•r6tsbh expondlture 5,461,8JB $,461,888 34a In¢ome and Expendlture Per Entlty MHC Erez IW¢l Ltd Te¥tbell Ltd Charitable Income elc Income from aCtIlieS Investment Income Galn 1,938.307 169.648 11,720 1.938,307 5.123,82D 94,893 4.954.172 83,173 2,119.675 83.173 4.954.172 7.157,Q20 Charitab16 Expènditure Trading Experhdilure Rental Expense5 Total Experbditure 2,431,3( 2A31,306 4.425,090 64,S37 6.920,933 4.425.090 64.537 64,537 2,431,306 4.425,090 Nel 18.636 529.082 236,QB7 Glft ASd 428,337 123.3371 1405.0001 (Deficitllsurplus 116.71 4.701 124.082 236,OH7 Revaluations Total 116.706 124,082 236,087 31
Machzikei Hada55 Communitses Group Activity analysi$ of Income and expgndiiurg for thg for the year ondgd 31 August 2025 ThAs alYsIS Is cl4ssslfledby4ctfvity a*Jdnotby conventton•l nomlnal des¢rlptlons. 36 Analpls of Inme by actlvlty ZQ25 2024 Aciivlty Incom• fri>m Charitablg a¢tIv•S Chattsble Acbvities 5.128,920 3,606,485 Summary of Totallncome. including the items above 5,128,920 1.93B,3O7 2S.2S6 3,505,485 1,743,924 29.42S Donations & Legsues Investment intome Total lThcomg a6 Ohown In the SOFA 7,092.483 S,17834 Cateoorles of Income Ille from &ychangg transa¢tioD$ Income from exchsngetran¥actions 5.350,589 1.741 894 5,069,261 209.573 7,092,483 5,276,B34 36 Analysis of charitable expenditure by activty A¢tfjvlty Dlro¢1 Costs Support costs Grant fundlng of actNities 2025 Total Total 202S 2025 25 2024 CharitsbleActivrfieS Direct costs isee below) Chankble trading eosts lsubsidlaryl Employee $t$ not Induded In dIreCtSt. Premise$ &xpenses Administrative ovetheÈd# 843.348 4.425.090 843,348 4,425,090 26,500 19.000 26,8b6 12,166 36,901 725.443 3.020,SS7 26,SOO 19,000 33.456 21.444 32,725 26.500 19.000 26.885 Profe#giDn8lfeès Financialcosts 36.901 Total ChArftableA¢dvlbÈ4 6,268,438 121,462 6,389,890 3,879.126 Dlroci costs Support costs Grant fundlng of activf(ies 2025 Totsl Totsl 202$ 2025 2025 2024 GrnrtAlaklRg Gnnaknng eost$ 1,454,S07 1,464,607 1.570,764
Machzikei Hada55 Communitses Group Activity analysi$ of Income and expgndiiurg for thg for the year ondgd 31 August 2025 Sumrnary olcharftsblg costs by a¢ty Direct ¢08ts Support CO8t8 Grant fut)dlng of 3CtNities 2025 Total Total 2ts26 2026 25 2024 Totol charikb Athvlties Total Grant Making Tot21 Govem8n¢e ctssts 5.288,438 121.452 5.389.890 1.454,507 I2.ts 3,879,124 1,570,764 12.000 1,454,507 12.000 Total chBritsble expendtture 6,268,438 133,462 IAS4.607 6,866,397 6,46IM88 The tya$i$ of 1¢yaOn of costs activilig& i&d?ribed und&rauwnling The breakdDWn of this Pendire bytype of SPEnding lie nDmind th55ilicabonl 15detaid in nDte 34 Analyalg of &upport And govemonce by charftable acuvlueg Governan¢• Flnan¢e other Rosour¢os Ovtrrhaads Total Aciivlty Chatilablg Activities 12,WO 36.901 26,500 58.051 153,452 Sufflmary of grant rnaklTry by actlv Grants to institutions 2026 Grants to individua15 2026 Support costs 202S Total Total 26 2024 Grant Making 1.454,507 1,454,507 1,570,764 1.464.507 1.464,507 1,670.764 Fullerdetsils of grants made and reK4ted costs. induding SUPPDrt costs. are shown in nDte 31. 37 Analysls of non Charltsble expendlture by 8Ctlvlty Actlvty Gov•rnonc• Gov•rnonc• C061S 2024 2025 Oiher Expenditure-Governgnce co9ts 8$detaikd in Note 33 I2.0 12.000 38 Analysis of Dir8¢t Costs 2026 2024 Community Servius Mainteran of Religiou$ & SupeTVISQry Tot¥$ 377,613 Tot$ 308,640 16,545 32,787 52,389 Salaries, Fees commiss Insurance 107,799 107,799 12.192 TVe1 12,192 Requisrtes Repaits & Renewd$ Secunty Funct* and Catsring Shul Ratl1Cal Eyp8n¥8s Ikva Exp@ns8s Sundry Total ResouM$ Expended- 38.951 151.986 38,951 17,847 141,260 33,768 25,934 92,808 3,465 725,443 85,262 85,262 12,794 44,220 12,794 44.220 193.061 259.188 391,099 843.348 33