Solev Co. Limited
REPORT AND FINANCIAL ￿ATEmENTs
REGISTERED COMPANYNUMBER.. 00923876
REGISIEPED CHARifY NUMBER.. 254623
FOR THE YEAR ENDED 31st MARCH 21)23

coNrENr6
Ind¢pend¢ntAuditorfs Re￿￿rt
Slal¢m¢nt of Fin*n¢ial Adivilies
Balance She¢¢
Notes to the Financial Statements
10-14

&)le¥ c￿ iAmite
TRusfEKs' ANNUAL RETORT
FOR THE YEAR ENDED 31st MARCH 2
Reference adJDkntstrndv¢ IDfonDatkn
Trust
Mr R Tager
Mr SJ Ta8er(re5iBned (17mir1025)
MrJP Ta8er (resi8ncd 17101r2025)
Mr MJ Blake (8tv)intd 15112r2024}
Mr PM Kremen {aprM>inted 15112r2024)
Company Srfretary
C4)mpany re8iSt¢rvJ nurnbex
(MTr)23876
arity r¢Bist¢red nwnbttr
R¢8iSt¢red offic¢
l&) Bridpxt Ro*1
N18 ISY
tndèpendeni Auditor
Mc¥)re Kin8sM Srnith Ll
9 Awold Str
B(￿ 2AP

TRUS"IEES'ANNUAL REPORT
R THE YEAR ENDED 31- hlARCH 21123
Th¢ t￿￿, are direLtrs for the purE¥is¢s of eompany law* prewt the annual reporttogether with the
finAt)cial stst¢ments and indep¢ndent auditorfs ryrt of the charitsbk L¥)mpw for th¢ye•T ended 31 March
2023
Obje¢tives *nd 8¢tivltles
Objeets
The compffiy was estÈblish¢d to hjrtherthose ￿ both in the United Kingdom ttnd abroad. which
recognised as charitable by English taw. The charity re¢eiYe5 income from its investments and fr(￿ associated
und¢rthkin8S, in¢l￿]Ing gift aided do[￿lI0n￿ whieh it utilises in the provision of grants and donations to other
charities and no change is envisag￿ in the firtu
Ptsbuc benefv
The charity makes charitsble Brnnts and donatii)n&
The trustees Confirn they have compli￿ with the rtquÉrements of 5￿tIOn 17 ofth¢ CharitiesAd 201 I to
have due r¢8ard ￿ the public benefft guidanct published by the Chartty Commission for Engl￿d And Waies.
Trnsteu and •ffJc•r5
The tnthe5 and offi¢¢rs servin8 during theye8T and since the y¢•rend wtre as ftsllows:
Trustee$'. Mr R T4g¢r
Mr SJ T4e
Mr SPT4¢r
Mr MJ Blak¢
Mr PM Kremen
Se￿. Mr CM Fromm
N4thre ofgobYrnlii8 docMmtNe
The company's governin8 doaunent is its Memorandum and Articles ofAssocitition.
objec11￿$ andpdld•
Th¢ charity's activities expose it to a nwnber of finan¢ial risks includin¥ credit risL c&th flow risk and liquidity
rtsk. The us¢ of fman¢ial deriv*iYes is wvemed by the charity's wlicics 4yroved by the knard of trusttts.
which provid¢ written principle5 on the use of financial ts1vati￿S ￿ manage these risks. The clwity thes not
use d¢rtvativc financial instruments for spe¢ulativ¢ wrp
CuJhfvw rts*
The ¢harity's activities expos¢ it prÈm8rily to the finanGial risks of intr￿St knterest bearing 8nd
liabilities are held at fjxed rate ty ¢trtainty of cash flthvs.

Solev Umlknj
TRUSTELS'ANNUALREPORT
Credttrff*
The charity's principal financial ￿sets aye bank balan￿ and ￿ ttalk alld otheJ rtteivables.
The charity's risk 1$ primarily attributable W its tr*k receiv8bles. The amunts p[￿rtted in the balance
sheet are net of allowances for dwbtfi]I fEeeivable& An allowance foT ill)PAirnt is where there is an
Identifi￿ loss ev¢nt Whi¢￿ based on previous exp¥&e￿ is CY￿ence of a redudion tn th¢ retoverability of the
cash flows.
The thority b&% rto Signifi￿￿ co1￿kn of Lyedit risL with exposure sPr￿d over its bank and relatively
small debto
LI4Mldlty rlsk
In order to rnaintain liquidity trj ensure that gJfficie*t f*Jnds aT¢ available for ongoing opttati0Tr8 futur¢
developmenty th¢ charity uses a mtxtiw¢ of l(xTr8.term 9Th1 S￿rt-te￿n deirt fin￿et.
Furthcr details regarding liquidity risk can be fouTha in the St*rnert of ￿11¢1¢5 in the financi81
stst¢m¢nts.
Flnrfnctsl Reblew Qmethdlnz reyerveJpollry)
The ouiytanding Pidom Exwjrt Ltsl debtor is ￿lty 5ecuTed by the 8uarantr¢ of F•ir¢&%tie Ltsl aThl the loAn was
r¢paid in full by February 2025. The interest paid on that loan amountrd to £307.433. Thert were ¢harifAbl¢
donations amountin8 to £314.664.
Th¢re is c&sh balance of £46.137 bein8 held to firture 8ovemanc¢ and othw c4)sts and the charitable
grants that the trusttts will be w￿lderin8 in the future. These reserves togdher with thE investhient itKome
will more than sufficie¥rt to wver fi￿re proposed ¢hwitsble rn.
Pa8tt 3

Soley C& L4mited
TRUSTELS. ANNUAL REPORT
FOA THE YEAR ENDED 31st MARCH 21ll3
Statement of Tnuttts, r¢sponsilMIrtY
The trustees {wbo are also direc￿ of charity foT the puryh)s¢s of company law) are re5ponsil)le for preparing the Trustees, Reptsrt
8md the fll)an¢ial statements in a¢COrdan￿ with applieable law alld United Kin8dorn AcCoL￿ting Standar¢ts (Untted Kinsdom
Generally Ac¢¢Med Aw)unting Prnthice).
Company l&w requirtd tnthes to pr¢pw¢ fina￿1￿ staternents ftr fln8nci81 year ￿1¢h give 8 trne and f8irview of the slate of
the affairs of the ¢h8ritable ¢omFany and of the ouwjing resourtts and 8pplic￿lOn of r¢50urc¢5, in¢ludin8 the income 8nd
expenditure. ofthe charitable ¢ompaDy for that puifyl. In preyrin8 thue finAncial sthtrm* the tn￿tell ort requlred to..
select Suitsble a¢counting TM)lici&s and then 4Jpty them ¢onsigtently'
comply with applicable aC￿u￿tIng stsndard5. includÉn8 FRS 102. subjeKt to aDy material d• disclosed and
explained in the fJn8llci31 statements.
state a St8tem¢nl of ReCou￿lendd Practicc (SOR￿> applies and Iw be¢n followed. subject to any material
departUTes whith we expiatned iti the f￿￿1¢$al $￿ements.
' make jud8em¢nts and ¢#im8ts that at¢ re&wtt&ble olld pnjdeot;
' prepth the financial siAt¢nKrts on • goiog ci•wi b*si$ uni8ss it is inappropriate to pr¢Jum¢ that the eharity will
continue in business.
Th¢ ¢ru8tees ve respomible for ke¢pin8 prw t￿Y￿￿￿4 fteordq that di%los¢ with reWM￿le at any time the fin8ncial
position of the ¢h8riiabl¢ company ond enable them ￿ ensure th81 the fman¢ia] siaiernents comply with the Companies A¢1 2006.
1.hty are also resp)nsible for Saft8U￿ITh8the ￿ets of the ch8ritable company henee for taking r￿Onable steps for the
prevention and deiection of fraud #nd othtr irregulariti
Each of thc persons who is a truste¢ ot th¢dat¢ of of this rwt ￿lfiTh)s th
- so far as the trusttt i5 aw8r< ihere is no relevant audit infornlltion of which th¢ company's audiior is un&w and
- the irusiee has tsk¢n all the 5tep5 htjshe ought w have tsken • director in order to hiwtselfkrs¢lf aware of any
r¢l¢vAnt audit infonnation and to estsblish that the Juditor is aware of that information.
This r¢port h&5 been prepfired in with ¢h¢ sp¢rid provisirm rdatin8 to unall Companhès within P￿ 15 of the
Companies Act 2006.
>g
Approved by th¢ T￿￿t￿$ ¢)n.'
and signed on it5 behalf by:....-..................
.. Tn￿te¢
Romie Tager, Trustee

]NDEPENDEP¥t AUDITOR'S RgTrY)RT
TO THE TRUSTELS OF SO[￿v CO. LIMITED
FOR THE YFAR ENDED 31st MARCH 2023
Opinio
We have au(btrd the financial ststenKnts of Sokv Co. Limi￿1 {tr o)mp8ny') forthe y¢&rend￿31 March 2023 ¢ompri5C
th¢ Statemento(FinancJalAdivitie4 the Surntrmry IDcomeatyJ Ex￿dIDJr¢ Acc(MmL th¢ Balance Sheet and notrs io the flnancial
Statements. including sw)iftC4nt acrA)Wlting pJlicic& Tbc Twting fr8mcworkthath&% applted in thetrpr¢pffttion is
awlitabl¢ and United Km8dom ActouJJling StaThdard4 incl￿11￿8 FRS 102 Tr FinwnCi￿ R¢wling Standard Appli¢abk in the
UK otKi Republic of lrtlwLd' (Uniicd Kingd￿￿ Grn¢rntly Accemed AccouMitiB Prttirel
Ill ow opini¢MJ the finwial slaien
. givc a true and Fair virw of the knof the ¢hfftritsbkconw's affairs 8$&31 M*¢h 2023. and oftts In¢￿ing rcsou
a￿1 applicNtion of rwurw th¢)rar thcn eD(W'
. have been prortrty prepTrr￿ in K¢ordao¢¢ with Unitcd Ktll8dom G•K¥ally Ac¢eF*cdAccourytiD8 P￿￿e. and
. have bccn ryepared in ac¢ordwtt with the TequirertXllL8 of the CoJnparticsAct 2006
B1815 for oplnlo
We conducted our audil itt 1*cord￿ with Illten￿ AudilinglUK>{ISAs (UK}l and applic4ble law. Our
sponsibilities wkder those startdwds •T¢ furthcrde5crilxd in th¢ AwlitsY'$ Rwnsibilitics for the akndi¢ of the financial statements
section of our rep)rL We &r¢ ￿de[￿deTrt of the ¢haTitsbl¢ r￿￿pAnY in acc{￿ with th¢ ejhioxl T¢qUint￿]ts rei¢vaTrt to
ow audit of the financ￿1 s¢&tements in the UK includin8 th¢ FRC'S F.thical StsnW and w¢ b4ve fulfilled our other ethicAi
Twnsibilities in accord8nr¢ with thtX Tcqurerrth W¢ ￿]1¢¥¢ th&th¢ wjdit evidr4Ke h8ve obtsitt¢d Li $utTicient and
appropriate to provide a knis fff ouropuii(
Con¢luiloni rekntinlto 4olm8 ton¢
lo &uditin8 the financial sw¢m¢nw we haff ¢oncJudcd thatthcTn*¢& ofthe 8OitiB C4ML%rn knis of accounung iti thc
preparation of thc financi￿ ststerne4Jts is gpproprille.
Bued on the work w¢ have perf¢>rrrd. we hv¢ nDt Mlemified ot1ymdted￿ uneerrainties Tel&tin8w eThts ort0[￿lt￿On5 thal
individually OT collectivefy. may ¢ast sip)ifK&ni thyjbi on the charÈry's ability th ¢crfinu¢ as a going concern for 8 p¢riod ofat
le￿¢ twelve nionth5 from wh¢n th¢ fm*n¢ial are4Uth￿1￿j (or iw.
Our r¢sp)nsibilitle5 WMI the resp)nsibilities of the trus*¢swith r¢•th￿Inge1￿￿ern are d¢xr¥J¢d in the re]cvant seaions of
thij r¢tx)rL
Other IAformAtlon
The other infornwtion compTi5e5 the iThformwtion included in the annual report Oth￿ the flnarK1￿ statrments ond ourAudiior's
repon ther¢on. The trustccs arc Ttsponsible for th¢ other ￿￿or￿MIl0￿. Ouropittion on the f]n8n¢i￿ s(a*ments doe5 not coverthe
other infi>Tmgti(m Rnd. exeeDt lo the othemwigt txplietstly JMJt&4 in rtytsrL ￿ dcj ntst exprew form r*f
co￿1￿510￿ thereon.
Our res￿nsIbil￿ 15 to re￿ thc other infornution it) y), r(wid¢T wh¢thEr the othu infornmttort m4twi4ily inconsistent
with the flnanciai stat¢tWts ¢)r our knowkllgc obtsincd in the crAJrse of the audii orithmvi% appears to be Matrri￿ty misstaicd. Ir
w¢ id¢rytify5uch matrriai incon9i*eThcies or •pprnrt MAtcr1￿ MIS#￿ weatt requirtd to d¢¢mune whcther there is a materia]
mis51at¢Tncnt in the fmattth] *atun¢nts thNny¢lv¢s. If. 0nthcW￿ wehvc wforn¥4 wEwn¢lud¢ thcT¢ is a material
in155t8icmettt of this dher infom13tio￿ w¢ thwr rquircd to rcm ft
W¢ hav¢ nothingto r￿￿ in this rtwd.
Oplnlons ott oth¢r rn•tt¢rs prtxribed by the Cornp*mies Art 21
In our opinioJL b￿e￿ on the work in th¢ C(￿15¢ of the audit
. the inform2tion 8iven inth¢ tsiJste¢s' aDthual JrpLrt for the fjnancial ycarforwhich the are VrerA￿J.
consist¢nt with th¢ fLtwKhi1 statcrDent% and

INDEPENDENT AUDITOR'S REPORT
TO THE IRUSTE&S OF SOLEV CO. LIMrrED
FOR THE YEAR ENDED 31st MARCH 2023
M*tteTJ o• f*bleh wt are reqry1r￿ ts r¢port by
Ill the Itghtof the kno￿¢ and of the ￿MP￿Y and ltsenv1r(￿ thiin¢d ID lkncouThc oftht authL we havenot idelltifled
We have [￿thing ￿ Yetth trL r¢wt of the fo1￿1n8 the C￿￿ni¢SACt 2(￿ mwires us to r¢FKrtto you i£ itt our opinion..
vi8it¢d by u5- or
. ¢¢nain disclosu￿5 of In￿¢¢8. remuneration by ate nol mwk: or
-w¢ hav¢ ntsi ryeivcd all the infomwtion and exp]snations we wuire for ¢Jur awli¢ or
. th¢ trus1￿5 Wrye oot entI￿¢d to prcpart the financia] xefflla￿ew1th the ¢(Krq)9nies te8im¢ and ¢ak¢
R¢9ponslbllldu of Tb• Tnbrte
As explained more fi]lty in the trus*¢s' t¢Spor￿￿111tseS st8ltmeDI set iyJt(ffi p8ge 4, thctrustrts (who are also the directors of the Ch￿il&b]e
company for th¢ purp)s¢s of compfjny Jaw) are r¢stMTrnsibk forthe )X¢FwatiotL of the fIna￿l81 statell￿ and for bein8 ￿tiSfIed that they
a truc and fair view, and for such iTh¢ern￿ Control as thc tru#ees dewmine is Dei%&8thy th¢ prepar￿￿ of fift￿¢1￿ stst¢m¢nts that
In preparin8 the styt¢t1￿ the are nSFthsibie forasqwin8the chtiritsbl¢ ¢ompny's ability to Gontinue goin8 ci)ncern,
disclosin& R5 Appli¢4bl4 matters [¢￿ted ￿ ￿1n8¢onCrrn 4r¥J th¢ 8oing ¢on(tm basis of aLrouThtlngunl￿ th¢ tru*￿5 either itltend to
Ikquidale the ¢haritsble ¢ompany OT to ¢¢w owat1¢￿ Lrhave realistic alknwiv¢ but ￿ do so.
A¥dltor'i rejponslbllltks f•r the *udit of the n•imd•l *At•Aeits
Our objective5 8Te to otrtlill ff8soDable lbow whetherthc fuwKlJl a whol¢ Att free from mtcri81 migth*m¢nL
wh¥ther due to fraud or ¢rmr. and to issuc an audiw'$ in¢lth OUT q)ini¢JL Rewthlable ￿Surar￿e is a high l¢v¢l of assyrancq but
is noi g Ruarantcc th*t ￿ audit conducted irt a¢¢ord8n¢e with ISA$ IUKI will 8Jway5 4 mtriaj misstatcrt%ni when it exists.
Misstat¢mcThts cart Arise from fraud or ar¢ ¢ow8idend mtitu1￿ if, individualty or in •48reM they c4)uld r¢ason8bty be ¢Xpe￿e￿ to
llthu¢n¢¢ the econom￿ d￿1$)0￿ of ￿Stak￿l on th¢ t•Si5 of thex
As of an Audit it) a¢wrdanee ISAS IUK) exercise prof¢syonaJ JUdga￿ and Thintain Professiottol 8c¢pticimthroughout the
diL We also".
- Id¢ntify Bnd ￿$t$S the risks ormlltcn￿ misswwniof thc sta1t4￿￿ty wh¢therdue ￿ fnlud or crror, desi8Th and perform audit
pro¢¢dures responsive tothos¢ ri*s obtsin atyjii evide[￿ ￿￿1¢lent 4wr(yiat to proyidc a trAsis for ouropinion. The
risk of no¢ detecting a Tnat¢ri81 mi&statcmrnt Trsultin8 from fra￿ 15 ￿ereS￿lI1n8 from emw. as fraud iDvolve
¢ollusloN lor8ery. intetLtiOn￿ omis5irms wthe oThttride of ¢Th￿￿1.
- Obtain an understsndingof Énternaj control relevaDtto th¢ in ordcrto desi￿ audli procedurfs that oppropyiatt in the
CiT¢urllstsn¢¢& but not for th¢ pu¥pr6es of cxpressiti88ll Opinion th¢ effeaivcnc&s of th¢ thitablc cornpany's intrmal cffltrol.
.Evaluale tbe appropri8w￿% of accouthliti8￿l1cIts ￿ •lldth¢reawn8bknts5 of a¢£owthg&4imftt¢s amd ￿]01￿1 diw10￿r¢S m&d¢
by thetru5t¢¢&
. Concltsde ot) the zpmiri&trnes3 of thc trusw. of the ¢fjr￿rn basi% of WAmtiD8 and on the evidence
Obtaine￿ Ivhcth¢r &m&teriDi u[l(￿ty1￿ty exists tEla*d ￿ events or collditw that may caa $i￿lfiel￿ doubt otl the charitsbk company'5
Ibility to continue 8goin8 conce￿ If w¢ CODcludethat a mtri81 tiocertsinty OiSt% wc arc tequirc41 to dT8W atteTrti(Trn in our4uditor'$
r¢port to the relat￿ discloswrs io thc fin•rtiai or. if such discJogJr¢5 we inadequal4 to ow opinion. OurcoD¢lusions
b￿d on thc wdit E*id¢nce obtsind up to the datc of ¢Jur wyJithr'$ repxL Howe¥tt. fikn evt4Lts or ty)nditiODS may cau￿ the
. Evaluate the thve¥a]I prtsenwiw sknLcbJre and ¢on¢entof the fllMn¢ial slatsm￿ty including thc disclog]re& theJherth¢fin4nciai

INDEPETffiEKT AlJD￿OR.s REPORT
FOR THE YKARENDED318t h4*RCH 21123
it hJtho88, iD¢lthg t<￿01 itknts.fy ¢knr¢ow•wliL
dEtt¢tiD8 ille￿1￿.￿#. itttlthg fr*ud li dali1￿ bdthw.
Th¢ obj¢uiv¢s ofollr llL r¢8p** of fraw( th." to and a5yc* thr mbj ofmatyi￿ Miryt•1¢￿ ofthe finaThC1￿ s￿emE[￿ frzwl..
to obthin suffic¢ui ￿PrOP￿￿¢ 4uth"i rrguthgthe I￿55¢dr￿ oftiwtuial thTwgb aDd
80ven￿rt ofth¢ dhtrLtable eompany.
0￿￿pPr￿*CknWa* ts follow8"
. Wc obtsttied att wthranth'n8ofth¢ Iwl •MdTry]*wy to the ￿￿7¢j￿£dth￿thc mc*t
s]￿uric¥￿t th¢ compan￿ Act 21W (knt￿ Ad 2011. the Cblniy SORP, and UK fwanG￿ T¢PMtu% Es L*Wtd bytht
harg¢dwJth
how it m$8hl w¢ur. by boldLDsdkSLItsSiLW rkn￿d with
. Bag¢don thii UDthnt￿￿ ￿ &si￿1 spe¢ific thth'fy inswpxs ofnon*omplian¢Y with l&wB and
rtguSati0tsg."Thi8 indudtd C4W4uiri¥ ¢bK8ed and0￿.nIngIddliI￿II ¢uroborati
twdencc ￿ Tequir&l.
The￿ 4r¢ mh¢r¢D¢ limi¢•tiw irL the I￿111 pr￿¢&¥￿41￿n￿4bQ%*. We we leu l&t]y ki becthne •WWE olin51w￿ ofDon￿PIl￿ with IAI
d re8ulits)n8 CIc￿Y rdat¢dto trtrd*ai(MT¢fle¢trd ststtthtlkts. Also, the riik of boi ¢kteth'Dg i matuial
mi53¢ataDellt (bjc to fraud ts hi8kn thaD th¢ nsk of wt rtxthlw em. •s fr•ud w ￿0]vE delibcrntr ¢orIc￿lM￿l by. for
Use of ollr rqpwt
This report Li m&& yolely to th¢ &b￿l￿ble ibjdy. ill wmb CTh4ty3 ofpart 16 of thr L(*wnieg A¢1 20D6.
Our audit %York bas been un(kTtaken yo ll￿¢ 9￿10th¢ (Aw•ny's mtmkn th￿¢ rda¢¢crs art rtqvy¢d 10 51It¢tothem In ￿ 4u(U¥(Y'S
]tport End for noothw pwpc4¢ To the t￿les1 exkllt Nmrtied by l•w. rKd ¥CCPt [tyK￿$1bi1ity to 8ttypaw irthw than the
it&ble Aodcbuj￿Ie ￿ u*mbern ¥ tstrx•JdiiwtyK or Mtha* forrrttd.
ocrt
QEkn LLP
Adim Vullortoi 15tttior Sththtory ADdltsr)
for a#d M btb*ltofMrw¢
9 A￿laS1r¢¢I
EC2A W
D•t<: 28 Febnjary 2(Y25

Solev c￿ Umlted
STATEMENT OF FINtlNCIAL ACnVITILS
FOR Tltg YEAR ENDED31￿ MARCH 2023
-U•Tr8trleted
Ge*trnl
Fnmd
21n3
Totsl
Funds
2023
Funds
2022
Note5
INCOME AIW ENDOWMENtS FROM:
Investsnent income
TOTAL INCOME
317972
317.9r2
317,972
301,832
301832
EXPENDITURE ON:
Raising funds
Charitsbl¢ 8¢tiviti¢5
TOTAL EXPENDITURE
39,635
314,664
354299
39.635
314,664
354.299
37.760
397,324
435,084
NET tNCOMEI(EXPFNDITURE) AND NET MOVEME1￿ IN FUNDS
136J2T) (36J27)
(133352)
RECONCILIATION OF FUNLKS
Totsl funds brought forward as ￿ l* Awil
5 959 832 5.959.832
6.093.084
BALANCFS CARIUED FORWARD AS AT31st MARCH 2•23
S923J05 S923J05 5 9S9.832
All amounts r¢l*e to continuin8 activities.

BAtANCE SHErr
AS AT 31sr MARCH 2(123
21)23
2022
CURREiYf ASSETS
Debtors
Cash at Bank
5.924,671
6,682,539
5.970.808
6,755,499
CURRENT LIABILfnES
Cr¢ditors- fallin8 due within orK ye4r
47,303
795.667
NET CURR￿ ASSETS
5.923 505
5.959.832
Totsl ujets f urrmt Il•blilth¥
5.923.505
5.959.832
NET ASSETS
S923JOS
5.959.832
UNRF.s'fRicfED FUNDS
General Fund
5.923J05
5,959.832
5,959,832
Approved by the TTwte¢$ 8nd for ISWE OIL
I siTrJ its behalf by:
TnL8t¢e Romie Tag

NOTES TO THE FINANCIAL sfATEME]YTS
FOR THE YEAR ENDED 31sr MARCH 2023
I ACCOUNTING POLICIES
(A) B*Ji$ of Prep8r8tion
These fina￿18] ststane*ts are pvepftml 80iti8 ¢oncthi b¥14 ty¥l¢r th¢ hith1￿1 conventio
The financial ststements h￿e been prepa￿1 in a¢COTdwv th¢ Financial Reporting Standard applicable in the UK and
Republic of Ir¢land (FRS 102). The Charity is # pthlic bettfit entity for the purrrt)ses of FRS 102 and ther¢for¢ the Ch&rity
also prepared its finatKiai St8t¢nY￿ in ac(x)rd￿ with the Siat*nert of RecomMth￿ed Practice appli¢thl¢ to Charities
pr¢paring their &¢ctyJnts in acc¢xda￿e with the Financial R¢pryting Standard applicable in th¢ UK and RepublRc of tr¢l8nd
(Th¢ FRS 102 Charities SORP), the CompaDie5 Ad 2(￿ and Charities Ad 2011.
The financial ststements are pyeprgj in Sterli￿ ￿1¢h R$ fin￿11￿￿1 ¢WTW ofthe dwity. MorKtary amounts irt these
financial staiements are rowwjed to the rte4r¢st
The princiFAI a￿o￿ttIng wJli¢i¢5 thpted in the preF•rnts￿ of the financial xt below.
(b) Fund Strnctsrn
The General Fund is a fimd which the Tn￿￿ ve free to in ¥earthc* with th¢ ¢haTitabl¢ objects.
(e) Ineome
Ail income is re¢￿11¢d in the Stst¢mtrt of Fitt￿141 knivilies (SOFA) kn th¢ wnditions for receipt have beert mel the
4rnOWkt 1$ meuurabl¢ and r￿elp¢ is probable.
IDv4stJn•nt Ineom¢
Investh)ent incc*ne is ￿e08￿￿ed in the SOFA when rxeivab
(d) Exp•ndl¢ur•
Liabilities are re￿￿niSed as expendittwe as soon as there is A le8al or constructive obl188t1￿ committing the dwity to the
expenditure. All expendiiure is accounted for on ￿ accrufi]s bLsis and has been clL4sifi¢d under headings aggre8ate all
costs r¢lated to the caiegory. The following accowrtin8 polieics are applied to thc differert ￿*gon¢S of expenditure..
Charltable Aetlvlt5Es
Grants payobl¢ are rttognised when thry we approved by Tnk%*¢s and the r&ipi¢nt of the grant Iw been infom)ed
ofthe amouttt to be pAid.
Support costs
Support Costs t￿lUde ¢¢ntral functions and have be¢n allo￿ to activity cost categories on a basis eongi5tent wth the
use of r￿O￿T£e4 for ex8ry14 alloc8tin8 Pro￿ cosL8 by floor8r¢4 or w wit4 st8ff ¢(tsts by the time spent at¥J
other costs by their usage
GovernAm¢¢ Co•ts
Governar￿e costs compris¢ all co*5 involving th¢ pthli¢ ¥￿nt￿llity ofth¢ chrity and Ats cc*npli8nce with re8u]ation and
(e) Golllg eottcern
The Trust¢es have &ssessed whdhtr the use of the 80in8 conc¢rn bHsis i5 appropriate and has consid¢Ted possible events or
conditions might cast signifjc8nt doubt on the ability of the chtirity to c(¥ttitiue &% a 80in8 concern. The Trustees have
nude this ass¢ssmMt for a peri¢)d of at l¢*# year ftom the date of approval of the fin￿1&] staternetrts. After making
cnqu￿]es the Trustees have corKluded that thue is a r￿￿able expectslion that the dwi.ty hos adequ8t¢ resources to
Continue in op¢rntional existence for th¢ for¢sttthle fithtre. The clmriry thereth wntinues to adoptthe going concern bosis
in pr¢paTing its siatenxrt
Pa8e: 10

NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED31sf MARCH 2(123
l AccouNrtNG POLlCtES (Cortthiued)
(O F5ttartdal lastrnnwits
The charity has elected ts) appty the w)visiott% of Secticffi I I 'Basic Fitwid Instr￿, of FRS 102 w all of its financial
scttlwnart value.
(¥) C*sh aDd f8sh equlvaltrtts
Cash and c&sh equivalents include casb ID dep)wts held ￿ cau with bfiDks othu shr￿4¢Thn liquid invest[[￿￿ with
oriwnal maturities of thre¢ Jrrt)nt￿ or less.
(h) Key EstIm￿te$ IAd Judgemeryts
In preparing fIna￿la] stst¢mentS Lt is ￿ to certain e*imths assun4)tions thot affxt the
In the view of the Trustses in applyin8 th¢ rntin4 Nilicies adoMe4 no wY¥¢ required that h&ve a
Significant effect on the amounts rew8nised in the financial ￿atem￿ do any estim￿ or assunytiom m8d¢ carry
a 5181]Lfi¢¥ni risk of mat¢rial adjustllK4& in rtxl finwial ye4T.

Soiev c￿ limit
NOTES TO THE FINANCtAL sfATEMENIS (CONllNUED)
FOR IHE YEAR ENDED 31sr MARCH 2023
2 INVESTME￿ INCOME
2023
2022
317.9T2
301.832
3 COST OF RAISING FUNDS
2023
2022
Loon interest
39.635
37,760
The thatity awarded doMtio￿tt) * numbtt of iAStitirtions in of its chritable activities.
2023
2022
Ach&ifMiuch
Bri14sh Friendy ￿Bar Ilan Unibvnity
Brt)Mdvbury PorkSynagog¥e
Comp.fim¢l
ca￿ All Limiled
Chai C'ancer Core
G¢sher Trwt
Hatzolah
Irtiernatioth￿ Beth Din
JAMJ
jeW￿h A￿￿e1th1o￿IOr MentslJllK
Jewuh Care
Jneiies
JW3
Kerex ChrtmQf Shloma Tr
Kisharo
2,500
127.500
2,500
84.700
75
3.000
15,000
5,000
15.(y)O
3,000
3.000
12,500
5,000
4,000
2.500
3.Th)0
8,000
4,1)00
17.500
4,000
-34,000
2.500
25,(K)O
2.500
10.500
1.5C(I
16.$00
7.8
18.C(KJ
New Israel Fw
Nfinvond
PripKe.f Tetxhing Injtitule
Rimon Jewish PrimaryS¢l￿oI Chorttoble Trlul
Rina Chariiuble Trwt
Sassov Bels Hamedrash
Shir CAesedBei¥ Y¥sroel
Siahl Mernoridl
Tevini Lid
36.850
5.01)0
5.500
5,1)00
16,750
The Profesyionol Te￿hIng1￿￿Itsf¢
The Reltabiliiatson Tr¥
UJIA
UniledJew￿￿ 15ruel appeal
UnlvetsityJ¢wtsh ch￿)laIn¢Y
Iyllo UK
IYorldJewish Rel￿f
YeslwaAdler Memorm
Grants < £2,S(K)
12.500
5.(N)O
10,001
3,000
5.000
5.1)00
49,948
395.199
2.125
397024
60,557
298W7
IS857
314,064
Support and 8ovemaNL c(*ts (s¢¢ note 5)
Total
Pag¢: 12

Soltv Cth 14wite41
N(YfKS TO TUE FINANCIAL YfATEMENTS (CONnNUED)
FOR THE YEAR ENDED 31sr MARCH 2023
S SUPPORT AND GOVERNANCE
2023
2022
Bank charges
Other
720
Accounting ¢h8r8¢s
Audit fees
Other govemAn¢e
2.880
11900
1,350
55
15
6 STAFF COSTS
The charity had no ¢mployees during the yew or th¢ previouq p￿0
7 DEBTORS
21123
2022
VAT reeovtt8ble
540
6.681,999
6 682 539
5 924671
5 924,671
8 CREDITORS
2023
2022
Due wlthln oll¢ y¢*r
lJh¢r eredilorn
Accruals
32.603
14.7LKI
792.967
2,700
47
03 793 667
9 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Gener81
Fund
2023
C•rr¢Dt yur.
Tot•1 Fundi
2023
Debtors
Cash & B8nk
5.924,671
46,137
5.924.671
46.137
Creditors due within one ye4r
(47.303)
{47,303}
5,923,505
5923,505
Pa8e: 13

NOTES TO THE FINANCIAL sfATEMENfs {CONllNUED)
FOR THE YEAR ENDED 31ST MARCH 2023
9 ANALYSIS OF ASSETS BEIWELN FUNDS (eotttl*•ed)
PrfTrr Y￿r.
General Fwid Totsl Funds
2022
2022
D¢btors
6.681539
71960
6.681539
72,960
Creditors due within one ye
1795.667)
1795,667)
Tothl
5 959,832
S,959032
10 RELATED PARTY TRANSAcrioNs
Durin8 the y¢ar the chvity m&de the follow related party ¢raMx¢ions:
Pldom Exptsrt Llmlt
The company is releted to Pidorn Ext￿ Limityj. & eompw in wthich Mr R Tager. Mr SJ TageT and Mr JP Tager
were dirKtors in the current and previous fin&ncial ye8f.
Interest is r¢c¢iv¢d under th¢ kn of a loan Ayeeiixnt betwe￿ the compani¢s at a of 5% per ar￿UM. The
interest for this ye4r wos £307.433 (2022- £298.126). This loan is se¢n by the dir¢¢ior5 u 8 way of investsnent of
5UTplus fimd8 that will be required for chritable projects in the futtwe not immedi•t¢ly. ￿ the balwKe theet
date the amount dut from Pidom Expm Limi*d £5.493.087 (2022- £6260,654).
The whole of the outstandin8 ar￿Unt due on th¢ lo￿ to Pi&Mn Exwt LiMi￿j and gu￿anteed by Faircastle Ltd,
(also a related party by virtue of the $8m¢ tr￿￿¢￿direCtorS.) has been by Faircastle Ltd under its
guar4nte¢ since the bJlattt sl*¢t d*e.
Hatslocho Llmlt•d
The CoMp￿Y is related to HatZloCl￿ Limityl thidj 1$ ry)ntThAled by the sp)uses of the Tager family tn￿ of
Sol¢v Co. Ltd.
Interest of £39.635 {2022- £37.760) was CW charity by HatzlLKl¥) Limited in thc year.
The loan Is due w b¢ Tep#ld b¢rtlxe J I￿ M￿Ckn 2024. At the bHIal￿ SI￿<1 dw¢ thr wnount du¢ to MayJoGI
Limited ￿2,603 (2022- £792.968).
Tre Britljh Frfemds Of￿￿￿*• Utherdty
During the yeu the Charity grarrts of £84.?￿ (2022: £127.5(Kl) tt) British of Bar Ilan Untversity. Mr
R Tager is a tn￿le£ of Brilish Friends of Bar I1￿ Univusiry.
I I TIL4NSAcrIoNs wmi TrUSTEFS
No TrLLStees received remurtr8tion duri￿the year or the priory¢8r. No expoLW ￿re re1Mb￿sed to trustees in
the current or prior year.
12 COMPANY STATUS
The a￿ty is a comparty limited by gwanttt aTrl hEs slw¢ witsl. In thE of the charity being wound up.
the liability in Trspect of the gi￿18￿￿¢ is limitrd to £1 per rne4nkn of the Ch￿lty.
IJ C0Tr4TINGKNT IJABILrrY
There is ￿ ongoing HMRC ellqillry into the clwity's tsx affair5. As the is owing the outcome is
&Tkl atthis sla8e any polerthal addi110￿1 liabilitio% wbich t￿Uld knclude p￿lties. are Th)t nwurable.
Pabr: 14