Charity Registration No. 262362
Company R*yl$tration No. 0100S565 (England and W&lo81
ARDINA LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

ARDINA LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Governors
Mr Philip Weiss
Mr Hyman Wei5S
Charity number
262352
Company number
01005565
Principal address
Healon House
148 Bury Old Road
Manchester
M7 4SE
Registered office
Healon House
148 Bury Old R08d
Manchester
M7 4SE
Independent examinèr
Lopian Gross Barnett & Co
1$1 Floor. Cloister House
Riverside
New Bailey Street
Manchester
M3 5FS

ARDINA LIMITED
CONTENTS
Page
Governors, roport
Independent examinerfs report
Statement ol financial a¢tiwlies
Balance sheet
Notès lo the finanaal statements
6-12

ARDINA LIMITED
GOVERNORS. REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The govemors present their annual report and financial slalernents for th6 yèar ended 31 March 2024.
The a¢counls have been prepared in acwrdance with the accounts'ng policies set out in note 1 to the accounts
and CQTnply with the charitys goveming document, the Companie5 Ad 2006 and 'Accounting and Raporting by
Charities.. Statement of Recommended Practice applicable to charrties preparing their accounts in aceoTdance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. las amended for
accounting periods comrnencing frorn 1 January 20161.
Obleetlve$ 8nd aC￿VItI•$
The charitls objectives are to aid the advan￿ment of religion in a¢cordance with the Orthodox Jewish faith and
the relief of poverty and other chaiitable purposes for the public benefit. The policies adopted in furtherance ol
these objects are lo identify Orthodox Jewish Charities which ¢arry oul activities such as providing Orthodox
Jewish education and other activitie5 which advance Teligion in accordance with the Orthodvx Jewish fath or
whKh relièvè poverty and Iheie has been no change in these during the year.
Each year, the govemors confirm that they have referred lo guidance contained in the Charity Commission
general guidance on public benefit when reviewing the ch8rily's aims and objedives and in planning future
activities and setting the grant making policy for the year.
The charitws Income is generated from invèstment incorne and gains and charitable donations which is then
distributed lo meet the above objectives atter allowing for lunds required for investment in the char¥ty joint
propérty syndicatès.
The objective of the charity for the year was lo maintain a slable ft(Iw ol donabons going lo worthy causes in the
Jewish community. The govemors also airn lo expand the charity's investment portrolio whenever the opportunty
aii8es. No particu18r uiteria or measures are used lo assess success in achieving these aims or objectives.
The govemors h8ve paid due regard lo guidance issued by the Char(¢y Cornrnission in deading what activities
the company should undertake.
Achlevom•nts and perfom?an¢e
During the year the charity made don3tK)ns to a variety of charitios within the Jewish community. The govemois
are pJea5ed with the performance ol its own investments and with the level of donations given to worthy Gluses.
Financial revlew
The governors, investment pvwers are goveined by charity's Memorandum ol A550cialion which pern)ils the
charity lo invest as may be determined by the govemors.
The governors, are expefienced property investors and have invested the charity's funds in various properties
with others in order to generate funds for dislTibution. Investments are ¢h05en on the basis of achieving a yield in
excess of that available from cash dep0511s while maintaining a high degree of security of income and the
undertying assets.
The charily's investments genèrated income of £180,477 12023.. £321,199> and also had ineome of £47,000
12023.. £38,500) from donations. Accordingly. the total of incoming resources was £227,477 {2023.. £359,699)
which left a surplus of £214,76112023'. £349.5111 after expenses of £12,71612023.' 10,1881.
The charity distributed £229,725 12023.. £231,66011ts various charities for the relief of F)overty and the
advanc&ment of ￿ligIOn in accordance wth the Orthodox Jewsh faith, resulting in a £14.964 decrease12023."
£117,851. increase) in reserves.
There is no policy to maintain a lev&1 of reserves other than as requirèd for the (*)aritys investment portfolio.
The governors. investment powers are governed by the charit15 memorandum of assoaalion Ihaf perniil$ the
charity lo invest as may be detemiined by the governors.

ARDINA LIMITED
GOVERNORS. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORTI
FOR THE YEAR ENDED 31 MARCH 2024
The governors have assessed the major risks lo whSch the ¢harity is exposed. and are $8t¢sfied Ih8t systems are
in place to mitigate exposure lo Ih05e major risk5.
Structuro. govornance and management
The charity is a cornpany limited by guarantee. 11 was incorporated on 23 March 1971 and registered as a charity
on the same day. The company was established under a Memorandurn of Association which established the
objects and powers of the tharilable company and is governed under ils Articles of association.
The governors, who are also the directors for the purpose of company law. and who served during the year and
up to the date of signature of the financial statements were..
Mr Philip Weiss
Mr Hym8n Vveiss
Governors are recommended Ond appointed by the board of governors. training would be offered lo new
governors by the existing govemoig.
None ol the governors has any beneficial interest in the company. All of the governor5 are members of the
company and guarantee lo contribute an amount not exceeding £1 in the event of a winding up.
The board of governors administers the charity.
The governors. report was approved by the Board of Governors.
Mr Hyman W815¥
Governor
Dated..

ARDINA LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE GOVERNORS OF ARDINA LIMITED
I report lo the govemors on my examination ol the finan¢ial statements of Ardina Lirniled (the chartyl for the
year endèd 31 March 2024.
Re$ponsiblllties and ba$b of report
As the governors of the charity land also its directors for thè purposes of company law}, you are responsible
for thg preparation of the financial stalemgnls in a¢wrd3nce with th& requliemenls of the CompaniesA¢i 2006.
Hawng sa115fied myself that the financial s181ements of the charity are not required lo be audited under Part 16
of the Companies Act 2006 and are eligible lor iridependenl examination, I repori in respect of my examination
of the charity's financial statements carried out under sects'on 145 of the Charities Act 2011. In carrying out my
exarllinalion I have followed the Directions given by the Charity Commission under seclh)n 145lSllbl ol th8
Charities Act 2011.
Inde￿nde1)t 8xarninerf$ statement
I have completed my examination. I confirm Ihal no matters have come lo my attention in conneclion with the
examination givin9 rne cause lo believe that in any material respect..
attounting records were not kept in iespect of the charity as required by seclFon 386 of the Companies
A¢1 2006.
the financial $18lemenls do not accord wrth those records.. or
Ihe financial statements do not wmply wrth the a0￿untIng requirements of section 396 of the Companies
Act 20C6 othei than any requirernent that the financial statements give a true and fair view, which 15 not a
matter consideied as part of an independent exarninalion.. or
the financial slatements have not been prepared in accordance with the methods and piinciples of the
Statemènt of Recommended Practicè for accounting and reportrng by charrtie5 applicable lo ¢harities
prepaTing their finanaal slatemenls in a¢eordanee with the Finan¢l81 Reporting Standard 8ppIic8ble in the
UK and Republic of llaland {FRS 102).
I have no concems and have ctsrlle #cross no other m8tter5 in connection with the examination lo which
attention should be drawn in this ieport in order lo enable a proper understanding of the financial statements lo
be re8r.hg.rt
Jason Selig BA FCA CTA DChA
Lopian Gross Bainett & Co
Chatèrèd Accounlanls
1st Floor, Cloister Housè
Riverside
New Bailey Strèet
Manchester
M3 5FS
Dated.. 3.Ql.Q.1J2Q25..

ARDINA LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Donations and legacies
Investment income
47,000
180,477
38,500
321,199
Total Incom•
227.477
359,699
Ex
enditurg on:
Charitable activities
229,725
231,660
Other
12.716
10,188
Total resources exp•nd•d
242,441
241,848
Ngt lexpenditur•)fin¢ome for the yearl
Net moveFnent in funds
114,9641
117,851
Fund balances at 1 April 2023
1.167,762 1.069,911
Fund balances at 31 March 2024
1,172.798 1,187,762
The stalernenl of finan¢ial activities include5 all gains and losses Tecognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derivè from continuing adivilies.
Th8 slatèmènl of financial activities also complies w&th the reouiremenls for an in¢ome and expendittsre account
under the Companies Act 2006.

ARDINA LIMITED
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Flx•d assèts
Investments
Property investmants
io
11
100
1,913,630
101
1,872,781
1,913,730
1.872.882
Currènt as$•ts
Debtors
Cash al bank and in hand
12
39,493
127.694
139,493
161.138
167,187
300,631
Creditors: amounts falling due wlthln
ofle year
13
1908,1191
(985.751)
Net current liabilities
1740,932
1685,1201
Totsl assèts l•$s current Ilabllllies
1,172,798
1,187,762
Income funds
Un¥estricled funds
1.172,798
1,187,762
1,172,798
1.187,762
The company is entitled to the exemption from fhe audit requ1￿ment contained in section 477 of the Companies Acl
2006. for the year ended 31 March 2024.
The diredors acknowledge their responsibililieg for complying with the requirernents of the Companies Act 2006
with respect to aecounling records and the pieparalion of financial slatemenls.
The members have not r8quir8d the company lo obtain an audit of its financial statements for tho year in question in
accordance with section 476.
These finan¢ial statements have been prepared in accordance with tho provisions applicable to cornpanies subject
lo the small companies regime.
The financial statements were approved by Ihe Governors on .
3010112025
Mr Hyman Weiss
Govemor
Company Regl$tratton No. 01005565

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Aeeounting pollci•s
Charity information
Aidina Limited is a private Company limited by guarantee incorporated in England and Wales. The registered
office is Heaton House, 148 Bury Old Road, Manchester. M7 4SE.
1.1 Accounting tonvention
The accounts have been prepared in accordance with the Companies Act 2006 and "Accounting and
Reporting by Charities." Statement of Recornmended Practice applicable to charities pieparing their accounts
in accordance with Ihfy Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
135 arnended for accounting periods commencing from 1 January 20161. The charity is a Publi¢ Benefit Entsty
as defined by FRS 102.
The charity has tsken advantage of the prowsions in Ihe SORP for charities applying FRS IQ2 Upd8le Bulletin
1 nol lo prepaitr a Slalemenl of Cash Flows.
The financial 8talements are prepared in sterlin9, which is the functional currency of the charity. Monetary
amounts in these financial slalements are rotjnded to the nearest £.
The financial statements have been prepared under the hi51oTical ox)sÉ convention. The principal accounting
policies adopted are set out below.
1.2 Going concern
Al the time of approving the financial statements, Ihe govemors have 8 reasonable expectation that the
charrty has adequate resources to continue in opgialional existence foi the foieseeable future. Thus the
governors continue to adopt the going ¢on¢em basis ol 8ccounts.ng In preparing the financial statements.
1.3 Charitsble funds
UniestrFCted lunds are available for use al the di5¢relion of the governors in furtherance of their chaiitsble
objectives.
Funds held by the charity are all unrestricted. Th￿0 béing funds whi¢h ¢¥n used in accordance wtth the
charitable objects at the discretion of the governors.
1.4 Incoming re¥our¢e¥
Incame is recognised when the charity is legally enlilled lo il after any perfoimance conditions have been mel,
Ihe amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognisod on receipt. Other donations are recognised On￿ the charity has been notified
of the donatson, unless performanee conditior15 require deferral of the amount. Income tax recoveiable in
relation lo donations received undei GiftAid or deeds of covenant Is recognised at the b'me of the donation.
Legaaes a￿ recognised on receipt or olhetwise if the tharty has been notified of an impending distribLrtion.
the amount is known, and receipt is expe¢l8d. If the amount is not known, the legacy is treated as a
contingent asset.

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ountlng poll¢les
Icontinuedl
1.5 Resources gxpended
Expenditure is recognisèd once there is a legal or constructive obligation lo transfer economic benefit to a
third party, il Is probable that a transfer of economic benefi15 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, in¢lEJding support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated diredly lo that activity. Shared wsts which contribute lo more than one activity and
support costs which are not attributable to a single activity are apportioned between those activities on a basi5
consistent with the use of resources. Central $18ff costs are allocated on the basis of time spent. and
depreciation charges are allocated on the portion ol the asset's use.
Expenditure is r8eognised on an accruals basis as a liabilty is In¢uTr8d.
Charitable expendtture comprises Ihose costs incurrod by the ch8rty in the delivery ol its aclivrties and
5eniice5 for its beneficiaries. 11 includes both costs that Can be allocated directly to such activities and those
costs of an indirect nature necessary to support thèm.
Other costs indude all costs involving the public accountability of the charity and its compliance with
regulation and good practice. These indude Costs related lo legal fees.
Charitable distributions represent dona*"ons paid lo religiou5, educational and similai charities, and are
recognised when payment is madg by the ch8ri1y.
l.fj Flxèd a$$et Invèstm¢nts
A subsidiary is an entity Controlled by the charity. Control is the power to govem the financial and operating
policies of the ents'ty so as to obtain benefits from its activihes.
1.7 Cash and cash equivalents
Cash and cash equiv3len15 include cash in hand and deposits held al call with banks.
1.8 Financial instruments
The chafity has elected lo apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12
'Other Financial Instmmenls Issues, of FRS 702 to all of its financial instruments.
Financial instruments are Tecognised in the charity's balance sheet when the charity becornes party lo the
contractual pro￿$10n$ of the instrument.
Flnancial assets and Iiabililies are offsel. with the nèl amounts presented in the finanaal statements, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on 8 nel
basis or lo reali5e the asset and settle the I￿abIlitY Sitnultaneously.
Basic financialassets
Basic financial assets. which include debtors and cash and bank balances, are initially meaSU￿d at
Iran5aclion pricè including transaction costs and are svbs8quenUy cairied al amortised cost using the effe¢tive
interest method. Financial assets classified as receivable wrthin one year are not amortised.
Basie financial liabilities
Basic financial liabilities, induding craditors and bank loans are initially recognised at transaction price unless
Ihe arTangemenl constitutes a financing trans8Ction.

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ounting pollclg$
(Continuedl
1.9 Investrnents in joint property syndlcates
The charity has a numi)er of joint interests in various properties each of which is owned by a syndicate of
similar partiapalors. These investments are slated at the nel wsl of partiLypalion in the syndicate plus
accumulated surplusès less defrciences and drawings from the syndicate.
No revalLJation of the undertying properties has been reflected in the accounts.
1.10 Group accounts
The financial statements present inforrnalion about the company as an individual undertaking and not about
its group. The company and its subsidiary undertaking compiise a 5malFsized group. The company has
therefpre taken advantage of the exemptions provided by section 399 of the Companies Aot 2006 not lo
prepare group account5.
In¢ome from donations and legacles
Unr•strletèd
funds
2024
Unrestricted
funds
2023
Donations and gifts
47,000
38,500
Donations include £ Nil {2023.' £ Nil) from the company's subsidiaries.
Income from Investments
Unrestricted Unrestrlcted
funds
funds
2024
2023
Syndicate surpluses
Other income
Interest receivable
179.637
320.362
837
840
180,477
321.199
4 Charitable actimlies
Charitable
Charitable
dlstrlbutfion¥ dl8tributions
2024
2023
Grant funding of activities Isee note 51
229.725
231.660

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Grants payable
2024
X123
orthodox Jewish Educalion and religious studies
Advancement of religion and the Orthodox Jewish faith
Relief of h8rdsip and poverty in Jewish community
108.175
41.350
59,900
25.080
103.750
47,900
229,725
231,660
Material grants were paid to the following bodies..
Amud Hatzdokoh Trust
10,000
Friend5 of Mercaz Holarah Bek Machnovke 17,000
Bnos Yisroel School
10.000
Chernobel Shul
15.000
Kolei5s Zedokoh Ltd
21.750
The Yeshivas Ohel Shirnon Tru51
73.975
Zoreia Zedokos
9.000
Yelev Lev
21.500
156.725
52,700
Other grants (not ex￿edIng £5,000)
229,725
Governors
None of the govemor5 lof any persons connected with them) received any remuneralion OT expenses during
the year.
None of the govemors {or any persons connected with them) received any benefits during the year.
Employ8è$
The average monthly number ol employges during the year was.,
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60.000.

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Oth¢r
2024
2023
Legal and professional fees
Accountancy charge5
Sundry expenses
Bank charges and interest
Management charge
298
7,70Q
1,566
152
3,000
1S0
7,250
2.683
125
12.716
10.188
Taxation
The activities of Ardina Limited are exempl from direct taxation undei part11 of Corporation Tax A¢t 2010.
10 Flxèd assèt invèstmènts
Other
Invèstmènts
Cost or valuatlon
At 1 April 2023
Disposals
101
At 31 March 2024
100
Carrying amount
Al 31 March 2024
100
At 31 March 2023
101
2024
2023
Other investments comprise..
Notss
Investmènts in subsidiaries
16
100
101
10-

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Investhients in Jolnt property syndi¢ate$
Al 1 April 2023
Capital introduced
Surplus for the year
C8Pital ￿paYmentS
1,872,781
1,067
179.637
{139.8551
At 31 March 2024
1,913,630
The joint property investments in whi¢h the charity is a participator has borrowings secured on the pioperties
owned by the syndicate5. The charity'5 share of such borrowings is not $h(trwn in the balance sheet in wew
of the extenl ol the security provided by the properties.
12 Debtors
2024
2023
Amounts falllng du¢ wEthln ona year.
Other debtOlS
39,493
139,493
13 Cr•dltors: amounts falling du• within one year
2024
2023
Trade creditors
Amounts owed to subsidiary undertakings
other creditors
AccTual$ and deferred income
7,620
121,284
771,595
7.620
6,900
121.556
851.295
8.000
908,119
985.751
14 Unre8tri¢ted funds
The unreslricted funds of the charrty c¢rnpNse the unexpended balances of donations and grant5 which ar
not subject to specific conditions by donors and granlors as to how they may btr used. These include
designated funds which have been sel aside out of unrestricted funds by the trLJStees for specific purposes.
At 1 Aprll
2023
Incoming
resources
Resources At 31 March
•xp&nded
2024
General knnds
1.187.762
227,477
1242.441)
1,172.798
Pr•vlous year..
At 1 Aprll
2022
Incoming
resources
Resoureès At 31 March
•xp•ndod
2023
GeneTal fvnds
1.069,911
359,699
1241.8481
1,187,762

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
15 Related party transactions
Interfrst Free Loans
2024
2023
Localtrent Limited
30,000
30,000
30,OOCI
30,CXJO
The following amounts were outstanding al the reporting end date..
Amounts owed to related
parties
2024
2023
H Weiss
P Wei55
283,229
383.231
283,229
363,231
666.460
666,460
16 Subsidiariès
Details of the charity's subsidiaries at 31 March 2024 are as follows..
Name of undertaklng
Reglstered
office
Nature of buslness
Class of
% Held
shares held Dlrect Indirect
Bemiin Investments Limited England & Wales Pioperty Investors
Ordinary
100
The aggregate caprtal and reserves and the resuK for the year of subsidiaries excluded from consolidation
was as follows..
Name of und•rtaklng
ProfiVILossl Capital and
Reserves
B8rn1in Inveslments Lim￿ed
53,720
12