**Charity number: 251115** ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 5 APRIL 2025** ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **CONTENTS** ||Page| |---|---| |**Reference and administrative details of the Charity, its Trustees and advisers**|1| |**Trustees' report**|2 - 5| |**Independent examiner's report**|6| |**Statement of financial activities**|7| |**Balance sheet**|8| |**Notes to the financial statements**|9 - 20| **THE LAUFFER FAMILY CHARITABLE TRUST** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025** |**Trustees**|J S Lauffer, Chair| |---|---| ||R M Lauffer, Trustee| ||G L Lauffer, Trustee| |**Charity registered**
**number**
251115
**Principal office**
123 Hampstead Way
London
NW11 7JN
**Investment Managers**
Brewin Dolphin Securities Ltd
12 Smithfield Street
London EC1A 9BD
**Investment Managers**
Raymond James Investment Services Ltd.
Ropemaker Place
25 Ropemaker Street
London EC2Y 9LY|| Page 1 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025** The Trustees present their annual report together with the financial statements of the charity for the year ended from 6 April 2024 to 5 April 2025.The financial statements have been prepared in accordance with the accounting policies set out on pages 9 to 11 and comply with the charity’s trust deed and applicable law. ## **Objectives and activities** ## **a. Policies and objectives** The trustees named on page 1 served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The trustees are responsible for the day to day administration of the charity and hold periodic trustees’ meetings. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. The Board of Trustees ensures that the skill requirements of trustees are kept under review. New trustees, if required, are sought by recommendation from existing trustees, and the required training is given by the existing trustees. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **b. Investment Powers** The Trust Deed authorises the trustees to make and hold investments using the general funds of the charity. Details of investments held are shown in the financial statements. ## **c. Objectives and Activities for public benefit** The Charitable Trust is constituted by Trust Deed and its public benefit objectives and aims, and grant-making policy, are to apply the Trust Fund and Income thereof for general charitable purposes in the scheduled territories as specified in the Trust Deed. The scheduled territories are :- The United Kingdom of Great Britain and Northern Ireland (including the Isle of Man and the Channel Islands). Canada, Australia, New Zealand, The Union of South Africa, Pakistan and Ceylon. The Republic of India. Any other territories forming part of the British Commonwealth and Empire of which the Queen was registered as Head. The State of Israel. The United States of America. ## **d. Grant – Making Policy** The trustees meet from time to time to consider making charitable grants to institutions and to review any applications for grants that have been received. In furtherance of its public objectives, during the year the charity made institutional grants of £461,106 (2024: £444,623) for general charitable purposes, details of which are shown in note 6 of the Notes to the Financial Statements. The policy of the charity is to continue to apply the Trust Fund and Income thereof for general charitable purposes in the aforesaid scheduled territories, as specified in the Trust Deed, for public benefit. Page 2 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025** ## **Achievements and performance** ## **a. Main achievements of the Charity** The trustees consider that the performance of the charity this year has been satisfactory. During the year, the charity made over 150 institutional grants for the aforementioned general charitable purposes in support of the public benefit activities of those institutions. Other than the Board of Trustees, the charity is not dependent upon the services of unpaid volunteers, donations in-kind or other intangible income. ## **b. Review of activities** The principal source of income is investment income. Details of expenditure on charitable activities are shown in the Statement of Financial Activities on page 7 of the Financial Statements. Expenditure incurred during the year related to Charitable Grants, and Support Costs (Governance Costs) necessary in relation to the charity’s activities. The charity’s assets are held for the purpose of making Grants for general charitable purposes in the aforesaid scheduled territories as specified in the Trust Deed dated 19 December 1965 and the Board of Trustees consider that the financial position of the charity at 5 April 2025 is satisfactory to enable it to continue to make such Grants. During the year, Brewin Dolphin Securities Limited and Raymond James Investment Services acted as Investment Managers for the charity’s listed investments portfolio. All listed investments were subsequently transferred to Brewin Dolphin Securities Limited following a review of managment arrangements. At the year end, the charity recorded a realised gains on listed investment of £72,457 and unrealised loss of £83,945. The listed investments held by the charity have been acquired in accordance with the powers available to the trustees. The value of the listed investments at 05 April 2025 has been substituted for their historical cost and value when settled and details are shown in note 10 of the Notes to the Financial Statements. ## **Financial review** ## **a. Going concern** After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Page 3 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025** ## **b. Reserves policy** The trustees have examined the requirement for free reserves which are those unrestricted funds not invested in Fixed Assets. It is the policy of the charity to maintain free reserves at a level considered adequate to provide sufficient funds for on average approximately two to three months’ unrestricted expenditure to cover governance costs and to respond to emergency applications for grants which may arise from time to time; the free reserves amounted to (£7,139) at 5 April 2025. Designated Funds have been created up to an amount equivalent to the value of Fixed Assets held as these represent funds not immediately available for charitable grants; at 5 April 2025 the Designated Funds amounted to £3,646,232 (2024:£4,023,381). The trustees have reviewed the charity's financial position and are confident that future income will be sufficient to meet its obligations as they fall due. ## **c. Financial risk management objectives and policies** The trustees have reviewed the affairs of the charity and do not consider that there are any major, strategic, business and operational risks which the charity faces other than in relation to the holding of the charity’s listed investments and in order to lessen such risks the trustees have previously appointed Investment Managers who periodically review the investments held and report to the trustees with their recommendations in regard thereto. ## **Structure, governance and management** ## **a. Constitution** The Lauffer Family Charitable Trust is a registered charity, number 251115, and is constituted under a Trust deed. ## **b. Methods of appointment or election of Trustees** The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. ## **Plans for future periods** The charity intends to continue making institutional grants for the aforementioned charitable purposes, as specified in the Trust Deed, for public benefit. Page 4 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025** ## **Statement of Trustees' responsibilities** The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles of the Charities SORP (FRS 102); - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; - 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 adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. 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 members of the board of Trustees on 02/02/2026 and signed on their behalf by: JS Lauffer ## **J S Lauffer** (Chair of Trustees) Page 5 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025** ## **Independent Examiner's Report to the Trustees of The Lauffer Family Charitable Trust ('the Charity')** I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025. ## **Responsibilities and Basis of Report** As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner's Statement** Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. 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. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed: Dated: 04/02/2026 Carly Pinkus FCA Independent examiner BKL Audit LLP 35 Ballards Lane , London N31XW Page 6 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025** |**Note**
**Income from:**
Investments
3
Other income
4
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
**Net expenditure before net**
**(losses)/gains on investments**
Net (losses)/gains on investments
**Net expenditure**
Transfers between funds
13
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Designated**
**funds**
**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**(377,149)**
**(377,149)**
**4,023,381**
**(377,149)**
**3,646,232**|**Unrestricted**
**funds**
**2025**
**£**
**129,106**
**455**
**129,561**
**518,208**
**518,208**
**(388,647)**
**(11,488)**
**(400,135)**
**377,149**
**(22,986)**
**15,847**
**(22,986)**
**(7,139)**|**Total**
**funds**
**2025**
**£**
**129,106**
**455**
**129,561**
**518,208**
**518,208**
**(388,647)**
**(11,488)**
**(400,135)**
**-**
**(400,135)**
**4,039,228**
**(400,135)**
**3,639,093**|_Total_
_funds_
_2024_
_£_
_126,665_
_466_
_127,131_
_504,787_
_504,787_
_(377,656)_
_317,289_
_(60,367)_
_-_
_(60,367)_
_4,099,595_
_(60,367)_
_4,039,228_| |---|---|---|---|---| The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 9 to 20 form part of these financial statements. Page 7 ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **BALANCE SHEET AS AT 5 APRIL 2025** |**Note**
**Fixed assets**
Tangible assets
9
Investments
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due within one
year
12
**Net current liabilities / assets**
**Total assets less current liabilities**
**Net assets excluding pension asset**
**Total net assets**
**Charity funds**
Designated funds - fixed assets
13
Unrestricted funds- general reserves
13
**Total funds**|**-**
**2,161**
**2,161**
**(9,300)**|**2025**
**£**
**1,767**
**3,644,465**
**3,646,232**
**(7,139)**
**3,639,093**
**3,639,093**
**3,639,093**
**3,646,232**
**(7,139)**
**3,639,093**|_466_
_24,381_
_24,847_
_(9,000)_|_2024_
_£_
_1_
_4,023,380_| |---|---|---|---|---| |||||_4,023,381_
_15,847_| |||||_4,039,228_| |||||_4,039,228_| |||||| |||||_4,039,228_| |||||_4,023,381_
_15,847_| |||||| |||||_4,039,228_| The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by: R Lauffer JS Lauffer 02/02/2026 **J S Lauffer R M Lauffer** (Chair of Trustees) (Trustee) **G L Lauffer** glauffer 02/02/2026 03/02/2026 (Trustee) The notes on pages 9 to 20 form part of these financial statements. Page 8 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **1. General information** The Lauffer Family Charitable Trust is an unincorporated charity registered in England and Wales with the registration number 251115. The registered and principal office address is 123 Hampstead Way, London, NW11 7JN. The principal activities of the foundation is as stated in the trustees' report. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The Lauffer Family Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. ## **2.2 Going concern** There are no material uncertainties about the charity's abilities to continue as a going concern having regard to the level of the charity's investment income, which is expected to be broadly unchanged for the future, and the substantial Net Assets as shown by the charity's Balance Sheet as at 5 April 2025. ## **2.3 Income** All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 9 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **2. Accounting policies (continued)** ## **2.4 Expenditure** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **2.5 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## **2.6 Tangible fixed assets and depreciation** Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, . Depreciation is provided on the following basis: - Computer equipment 25% Reducing balance ## **2.7 Investments** Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities. ## **2.8 Debtors** Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Page 10 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **2. Accounting policies (continued)** ## **2.9 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **2.10 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. ## **2.11 Financial instruments** The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. ## **2.12 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise restricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 11 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **3. Investment income** |**Unrestricted**
**funds**
**2025**
**£**
Income from listed investments
128,777
Bank interest
329
129,106
_Unrestricted_
_funds_
_2024_
_£_
Income from listed investments
_124,670_
Bank interest
_1,995_
_126,665_|**Total**
**funds**
**2025**
**£**
**128,777**
**329**| |---|---| ||**129,106**| ||_Total_
_funds_
_2024_
_£_
_124,670_
_1,995_| ||_126,665_| ## **4. Other incoming resources** |Other income
Income tax recoverable|**Unrestricted**
**funds**
**2025**
**£**
455
_Unrestricted_
_funds_
_2024_
_£_
_466_|**Total**
**funds**
**2025**
**£**
**455**| |---|---|---| |||_Total_
_funds_
_2024_
_£_
_466_| Page 12 ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **5. Analysis of expenditure on charitable activities** ## **Summary by fund type** |**Unrestricted**
**funds**
**2025**
**£**
Direct charitable expenditure
518,208
_Unrestricted_
_funds_
_2024_
_£_
Direct charitable expenditure
_504,787_|**Total**
**2025**
**£**
**518,208**| |---|---| ||_Total_
_2024_
_£_
_504,787_| ## **6. Analysis of expenditure by activities** |Direct charitable expenditure
Direct charitable expenditure|**Activities**
**undertaken**
**directly**
**2025**
**£**
461,106
_Activities_
_undertaken_
_directly_
_2024_
_£_
_444,623_|**Support**
**costs**
**2025**
**£**
57,102
_Support_
_costs_
_2024_
_£_
_60,164_|**Total**
**funds**
**2025**
**£**
**518,208**| |---|---|---|---| ||||_Total_
_funds_
_2024_
_£_
_504,787_| Page 13 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **6. Analysis of expenditure by activities (continued)** ## **Analysis of direct costs** |||**Total**| |---|---|---| ||**Activities**|**funds**| ||**2025**|**2025**| ||**£**|**£**| |Charitable donations|461,106|**461,106**| During the year, the charity made charitable donations of £461,106. These donations were made to other registered charities in furtherance of its charitable objectives. No donations were made to related parties. |||_Total_| |---|---|---| ||_Activities_|_funds_| ||_2024_|_2024_| ||_£_|_£_| |Charitable donations|_444,623_|_444,623_| During the period 5 April 2024, the charity made charitable donations of £444,623. These donations were made to other registered charities in furtherance of its charitable objectives. No donations were made to related parties. ## **Analysis of support costs** |Investment management fees
Independent examination and accountancy fees
Consultancy fees
Postage and stationery
Bank charges
Sundry expenses|**Activities**
**2025**
**£**
44,643
8,100
2,400
107
1,844
8
57,102|**Total**
**funds**
**2025**
**£**
**44,643**
**8,100**
**2,400**
**107**
**1,844**
**8**| |---|---|---| |||**57,102**| Page 14 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **6. Analysis of expenditure by activities (continued)** ## **Analysis of support costs (continued)** |Investment management fees
Independent examination and accountancy fees
Consultancy fees
Postage and stationery
Bank charges and sundries
**Independent examiner's remuneration**
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts
Fees payable to the Charity's independent examiner in respect of:
Accountancy fees|_Activities_
_2024_
_£_
_45,222_
_9,000_
_2,400_
_75_
_3,467_
_60,164_
**2025**
**£**
**2,160**
**5,940**|_Total_
_funds_
_2024_
_£_
_45,222_
_9,000_
_2,400_
_75_
_3,467_| |---|---|---| |||_60,164_| |||_2024_
_£_
_1,840_
_7,160_| ## **7. Independent examiner's remuneration** ## **8. Trustees' remuneration and expenses** During the year, no Trustees received any remuneration or other benefits _(2024 - £NIL)_ . During the year ended 5 April 2025, no Trustee expenses have been incurred _(2024 - £NIL)_ . Page 15 ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **9. Tangible fixed assets** |**Cost or valuation**
At 6 April 2024
Additions
At 5 April 2025
**Depreciation**
At 6 April 2024
At 5 April 2025
**Net book value**
At 5 April 2025
_At 5 April 2024_|**Office**
**equipment**
**£**
**3,021**
**1,766**| |---|---| ||**4,787**| ||**3,020**| ||**3,020**| ||**1,767**| ||_1_| Page 16 ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **10. Fixed asset investments** |**Cost or valuation**
At 6 April 2024
Additions
Disposals
Revaluations
At 5 April 2025
**Deposit accounts:**
At 6 April 2024
Movements on Investments accounts
At 5 April 2025
**Net book value**
At 5 April 2025
_At 5 April 2024_
The historical cost of listed investments was £3,183,387.|**Listed**
**investments**
**£**
**3,939,385**
**696,035**
**(1,144,623)**
**(83,945)**| |---|---| ||**3,406,852**| ||**83,995**
**153,618**| ||**237,613**| ||**3,644,465**| ||_4,023,380_| ||| ## **11. Debtors** |**Due within one year**
Prepayments and accrued income|**2025**
**£**
**-**
**-**|_2024_
_£_
_466_
_466_| |---|---|---| Page 17 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **12. Creditors: Amounts falling due within one year** ||**2025**|_2024_| |---|---|---| ||**£**|_£_| |Accruals and deferred income|**9,300**|_9,000_| ## **13. Statement of funds** ## **Statement of funds - current year** |**Unrestricted**
**funds**
General Funds
**Designated**
**funds**
Designated
Funds
**Total of funds**|**Balance at 6**
**April 2024**
**£**
**15,847**
**4,023,381**
**4,039,228**|**Income**
**£**
**129,561**
**-**
**129,561**|**Expenditure**
**£**
**(518,208)**
**-**
**(518,208)**|**Transfers**
**in/out**
**£**
**377,149**
**(377,149)**
**-**|**Gains/**
**(Losses)**
**£**
**(11,488)**
**-**
**(11,488)**|**Balance at 5**
**April 2025**
**£**
**(7,139)**| |---|---|---|---|---|---|---| |||||||**3,646,232**| |||||||**3,639,093**| The Designated Fixed Assets Funds represents the Net Book Value of Fixed Assets and have been treated as these represent funds not immediately available for charitable grants. Each period an amount is transferred to or from these funds which represents the movement in the Net Book Value of Fixed Assets in the period. At the year end, the charity had a deficit on unrestricted funds of £7139. This arose due to expenditure exceeding unrestricted income during the year. The trustees have reviewed the charity's financial position and are confident that future income will be sufficient to meet its obligations as they fall due. Page 18 ## **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **13. Statement of funds (continued)** ## **Statement of funds - prior year** ||_Balance at_|||_Transfers_|_Gains/_|_Balance at_| |---|---|---|---|---|---|---| ||_1 April 2023_|_Income_|_Expenditure_|_in/out_|_(Losses)_|_5 April 2024_| ||_£_|_£_|_£_|_£_|_£_|_£_| |**Unrestricted**||||||| |**funds**||||||| |General Funds|_19,109_|_127,131_|_(504,787)_|_57,105_|_317,289_|_15,847_| |**Restricted**||||||| |**funds**||||||| |Designated||||||| |Funds - all funds|_4,080,486_|_-_|_-_|_(57,105)_|_-_|_4,023,381_| |**Total of funds**|_4,099,595_|_127,131_|_(504,787)_|_-_|_317,289_|_4,039,228_| |**Summary of funds**||||||| |**Summary of funds - current year**||||||| |**Balance at 6**||||**Transfers**|**Gains/**|**Balance at 5**| ||**April 2024**|**Income**|**Expenditure**|**in/out**|**(Losses)**|**April 2025**| ||**£**|**£**|**£**|**£**|**£**|**£**| |General funds|**15,847**|**129,561**|**(518,208)**|**377,149**|**(11,488)**|**(7,139)**| |Restricted funds|**4,023,381**|**-**|**-**|**(377,149)**|**-**|**3,646,232**| ||**4,039,228**|**129,561**|**(518,208)**|**-**|**(11,488)**|**3,639,093**| |**Summary of funds - prior year**||||||| ||_Balance at_|||_Transfers_|_Gains/_|_Balance at_| ||_1 April 2023_|_Income_|_Expenditure_|_in/out_|_(Losses)_|_5 April 2024_| ||_£_|_£_|_£_|_£_|_£_|_£_| |General funds|_19,109_|_127,131_|_(504,787)_|_57,105_|_317,289_|_15,847_| |Restricted funds|_4,080,486_|_-_|_-_|_(57,105)_|_-_|_4,023,381_| ||_4,099,595_|_127,131_|_(504,787)_|_-_|_317,289_|_4,039,228_| |||||||| ## **14. Summary of funds** Page 19 **THE LAUFFER FAMILY CHARITABLE TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025** ## **15. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2025**
**Unrestricted**
**funds**
**2025**
**£**
**£**
1,767
-
3,644,465
-
-
2,161
-
(9,300)
3,646,232
(7,139)|**Total**
**funds**
**2025**
**£**
**1,767**
**3,644,465**
**2,161**
**(9,300)**
**3,639,093**| |---|---|---| ## **Analysis of net assets between funds - prior year** |Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2024_
_£_
_1_
_4,023,380_
_-_
_-_
_4,023,381_|_Unrestricted_
_funds_
_2024_
_£_
_-_
_-_
_24,847_
_(9,000)_
_15,847_|_Total_
_funds_
_2024_
_£_
_1_
_4,023,380_
_24,847_
_(9,000)_
_4,039,228_| |---|---|---|---| ## **16. Related party transactions** During the year, there were secretarial fees paid of £2,400 (2024: £2,400) to Beth Lauffer who is the wife of one of the trustees, J S Lauffer. Page 20 ## **The Lauffer Family Charitable Trust** 123 Hampstead Way, London NW11 7JN > Date: 02/02/2026 Your ref: CP/JL **/THE335** Berg Kaprow Lewis LLP 35 Ballards Lane London N3 1XW Dear Sirs ## **The Lauffer Family Charitable Trust** We confirm to the best of our knowledge and belief and having made appropriate enquiries of other trustees and officials of the Charity, the following representations in connection with your report on the Charity's financial statements for the year ended 5 April 2025. 1. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with Auditing Standards and that you do not express an audit opinion. 2. We confirm that the Charity was entitled to exemption from the requirement to have its financial statements for the financial year audited. 3. We acknowledge as trustees our responsibility for the financial statements which give a true and fair view in accordance with the requirements of the Charities Act 2011 and which otherwise comply with the requirements of that Act relating to financial statements, so far as applicable to the Charity. All the accounting records have been made available to you and all transactions undertaken by the Charity have been properly reflected in those accounting records. All records and related information, including the minutes of the trustees’ and members’ meetings have been made available to you. 4. We confirm that we have maintained proper accounting records, as required by the Charities Act 2011. 5. We confirm, to the best of our knowledge and belief, that there have been no instances of non-compliance or breaches of any laws or regulations which are essential to the activities of the Charity’s activities. 6. We confirm that assets are included on the balance sheet at no more than their recoverable amounts and that liabilities are included at their expected cost to the Charity. We also confirm that the value of the leasehold property was properly disclosed in the accounts. 7. We confirm that we are not aware of any pending litigation which may result in a significant loss to the Charity. Registered charity no. 251115 8. We confirm that there were no contingent liabilities at the balance sheet date. 9. We believe that the Charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding and support will be more than adequate for the Charity's needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the Charity's ability to continue as a going concern need to be made in the financial statements. 10. We confirm that there were no transactions with related parties of the Charity or amounts due to or from related parties at the balance sheet date which are required to be disclosed in the financial statements other than those which are detailed in the notes to the financial statements. 11. We confirm that there have been no other events since the balance sheet date which necessitate revision of the figures included in the financial statements or disclosure in the notes to the financial statements. Should further material events occur, which may necessitate revision of the figures included in the financial statements or inclusion of a note thereto, we will advise you accordingly. 12. All grants, donations and other monies, the receipt of which is subject to specific terms or conditions, have been properly recorded in the financial statements as restricted funds. 13. We confirm that all the grants paid during the year ended 5 April 2025 were to charitable institutions or for charitable purposes. Yours faithfully ## JS Lauffer J S Lauffer (chair of Trustees) Signed on behalf of the Board of Trustees **The Lauffer Family Charitable Trust** PAGE 2 OF 2 ## BKL Accounts for signature - Year End 5 April 2025 - The Lauffer Family Charitable Trust ## Final Audit Report 2026-02-04 Created: 2026-01-29 By: Priya Dey-Ghatak (Priya.Dey-Ghatak@bkl.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAGPaQPSh5yr9upyrSNC90zZhn1Zj6WSdG ## "BKL Accounts for signature - Year End 5 April 2025 - The Lauff er Family Charitable Trust" History Document created by Priya Dey-Ghatak (Priya.Dey-Ghatak@bkl.co.uk) 2026-01-29 - 2:14:42 PM GMT- IP address: 202.131.138.185 ## Document emailed to jonathanlauffer13@gmail.com for signature 2026-01-29 - 2:25:37 PM GMT ## Email viewed by jonathanlauffer13@gmail.com 2026-01-29 - 7:17:43 PM GMT- IP address: 172.226.134.18 - Signer jonathanlauffer13@gmail.com entered name at signing as JS Lauffer 2026-02-02 - 5:12:23 PM GMT- IP address: 86.155.93.30 - Document e-signed by JS Lauffer (jonathanlauffer13@gmail.com) Signature Date: 2026-02-02 - 5:12:25 PM GMT - Time Source: server- IP address: 86.155.93.30 ## Document emailed to gideonlouislauffer@gmail.com for signature 2026-02-02 - 5:12:28 PM GMT ## Email viewed by gideonlouislauffer@gmail.com 2026-02-02 - 7:18:22 PM GMT- IP address: 66.249.93.229 Signer gideonlouislauffer@gmail.com entered name at signing as glauffer 2026-02-02 - 7:21:06 PM GMT- IP address: 80.43.79.216 ## Document e-signed by glauffer (gideonlouislauffer@gmail.com) Signature Date: 2026-02-02 - 7:21:08 PM GMT - Time Source: server- IP address: 80.43.79.216 Document emailed to Reuven Lauffer (r.lauffer@ohr.edu) for signature 2026-02-02 - 7:21:10 PM GMT Email viewed by Reuven Lauffer (r.lauffer@ohr.edu) 2026-02-02 - 7:22:54 PM GMT- IP address: 66.249.93.229 ## Signer Reuven Lauffer (r.lauffer@ohr.edu) entered name at signing as R Lauffer 2026-02-03 - 7:40:30 PM GMT- IP address: 185.182.70.42 Document e-signed by R Lauffer (r.lauffer@ohr.edu) Signature Date: 2026-02-03 - 7:40:32 PM GMT - Time Source: server- IP address: 185.182.70.42 Document emailed to Carly Pinkus (carly.pinkus@bkl.co.uk) for signature 2026-02-03 - 7:40:36 PM GMT Email viewed by Carly Pinkus (carly.pinkus@bkl.co.uk) 2026-02-03 - 11:50:19 PM GMT- IP address: 104.28.40.147 Document e-signed by Carly Pinkus (carly.pinkus@bkl.co.uk) Signature Date: 2026-02-04 - 9:00:36 AM GMT - Time Source: server- IP address: 94.12.240.198 ## Agreement completed. 2026-02-04 - 9:00:36 AM GMT