Charity Registration No. 262352
Company Registration No. 01005565 (England and Wales)
ARDINA LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ARDINA LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Governors
Mr Philip Weiss
Mr Hyman Weiss
Charlty number
262352
Company number
01005565
Principal address
Healon House
148 BLJry Old Road
Manchester
M7 4SE
Registered office
Healon House
148 Bury Old Road
Manchester
M7 4SE
Independent examiner
Lopian Gross Barnett & Co
1 st Floor, Cloistèr Hous8
Riverside
New Bailey Street
Manchester
M3 5FS

ARDINA LIMITED
CONTENTS
Page
Governors. report
Independent examiner's report
statement of financial activities
Balance sheet
Notes to the financial slalements
6-12

ARDINA LIMITED
GOVERNORS. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The govemors present their annual report and fin8n¢ial statements for the year ended 31 hAarch 2025.
The accounts have been prepared in accordance with the accounting policies sel out in note 1 to the a¢¢ounls
and comply with the charills governing do¢umenl. the Companies Act 2006 and 'Ac¢ounling and Reporting by
Charities.. Statement of Recommended Pra¢ti¢e applicable lo ¢harities preparing their a￿ount$ in ac¢ordan¢e
with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021. las amended for
accounting periods commencing frDm 1 January 20161.
Oblectlvès and actlvltlès
The charity's objectives are to aid the advancement of religion in accordance with the Orthodox Jewish faith and
the relief of poverty and other charitable purposes for the public benefit. The policies adopted in furtherance of
these objects are lo identify Orthodox Jewish Charities which carry out activities such as providing Orthodox
Jewish education and other activities which advance religion in accordance with the Orthodox Jewish faith or
which relieve poverty and there has been no change in these during the year.
Each year, the govgrnors ¢onfim that they have referred to guidance contained in the Charity Commission
general guidance on public benefit when reviewing the charity's aims and objectives and in planning future
activities and setling the grant making policy for the year.
The ¢harity's income is generated from investment in¢ome and gains and charitable donations which is then
distributed to meet the above objectives after allowing for funds required for investment in the charity joint
property syndicates.
The objective of the Charity for the year was to maintain a stable flow of donations going to worthy ¢aLJses in the
Jewish ￿MmunIty. The govemors also aim to expand the charity's investment portfolio whenever the opportunity
arises. No pa￿CUlar criteria or measures are used to assess success in achieving these aims or objectives.
Th8 governors hava paid due regard to guidanc8 iSSLJed by the Charity Commission in d8ciding what activities
the company should undertake.
Achlevements and performance
During the year the charity made donations to a variety of charities within the Jewish community. The governors
are pleased with the performance of its own investments and with the level of donations given to worthy causes.
Financial r8vi8w
The govemors. investment powers are governed by the charity's Memorandum of Association which permits the
charity lo invest as m8y be determined by the governors.
The governors, are experi8n¢ed propety investors and have investgd the charity's funds in various properties
with others in order to generate funds for distribLJtion. Investments are chosen on the basis of achieving a yield in
excess of that available from cash deposits while maintaining a high degree of security of income and the
underfying assets.
The charitls investments generated income of £389,976 12024.. £180,477I and also had income of £46,000
12024.. £47,0001 from donations. Accordingly, the total of incoming resources was £435,976 12024.. £227,477)
which left a surplus of £426,34812024'. £214,761) after expenses of £9,62812024'. £12,716).
The charity distributed £138,300 12024.. £229,725> to various charities for the relief of poverty and the
advancement of religion in accordance with the Orthodox Jewish faith, resulting in a £288,048 increase 12024..
£14,964 d8creasèl in resèrvès.
There is no poli¢y to m8inlain 8 level of reserves other th8ll 8$ required for the charity's investment portfolio.
The govemors. investment powers are govemed by the charity's memorandum of association that permits the
charity to invest as may be determined by the governors.

ARDINA LIMITED
GOVERNORS. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The governors have assessed the major risks to which the ¢h8rity is exposed, and are satisfied that systems are
in place to mitigate exposure to those major risks.
StnJ¢ture, goveman¢e and management
The charity is a company limited by guarantee. It was incorporated on 23 March 1971 and registered as a charity
on the same day. The company was established under a Memorandum ofAssociation which established the
objects and powers of the charitable company and is governed under its Articles of association.
The govemors, 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 Hyman Weiss
Govemors are recommended and appointed by the board of governors, training would be offered to new
govemors by the existing governors.
None of the governors has any beneficial interest in the company. All of the governors are members of the
company and guarantee lo contribute an amount not exceeding £1 in the event of a winding up.
The board of govemors administers the charity.
The govemors. rety)rt was approved by the Board of Governors.
..qd.w. 29 J9nu?ry 2026
Mr Hyman Weiss
Govemor
Dated.29..JAriy.4ry..2026

ARDINA LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE GOVERNORS OF ARDINA LIMITED
I report to the govemors on my examination of the financial ststements of Ardina Limited Ithe charity) for the
year ended 31 March 2025.
Re$ponsibilitie$ and basis of report
As the govemors of the charity land also its directors for the purposes of company law}, you are responsible
for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having sab'sfied myself that the financial statements of the charity are not required lo be audited under Part 16
of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination
of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carying out my
examination I have followed the Directions given by the Charity Commission under section 14515llbl of the
Charities Act 2011.
Independent examiner's statement
Since the charity's gross income exceeded £250,000, the independent examiner musl be a member of a body
listed in section 145 of the Chariliss Aol 2011. 1 ¢onlirm that l am qualified lo undertake the examination
because l am a member of The Institute of Chartered A¢¢ounlanls in England and Wales, which is one of the
listed bodies.
I have completed my examination. l ¢onfimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any matèrial respect..
accountin9 records were not kept in respect of the charity as required by section 386 of the Companies
Act 2006.
the fin8nGial ststemenls do not acGord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the Companies
Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a
matter considered as part of an independent examination., or
the financial slalements have not been prepared in accordance with the methods and principles of the
Slalemenl of Recommended Practice for accounting and reporting by charities appli¢able lo charities
preparing their financial statements in a¢cordan¢e wvch the Financial Reporting Stsndard applicable in the
UK and Republi¢ of Ireland IFRS 1021.
I have no ¢on¢8ms and have Come across no other matters in Connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the finan¢ial slalements lo
be reached.
Daniel Rubinstein FCA
Lopian Gros5 Bamett & Co
Chatered Accounlanls
1st Floor, Cloister House
Riverside
New Bailey Street
Manchester
M3 SFS
Dated..
29/0 1 /2026

ARDINA LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Income from..
Donations and legacies
Investment income
46,000
389,976
47,000
180,477
Total income
435,976
227,477
Ex
enditure on..
Charitable activities
138,300
229,725
Other
9,628
12,716
Totsl resour¢¢s expended
147,928
242,441
Net incomel{expenditurel for the yearl
Nèt movèmènt In funds
288,048
114,9641
Fund balances 8t 1 April 2024
1,172,798 1,187,762
Fund balances at 31 March 2025
1.480,846 1,172,798
The statement of financial 8clivilies includes 811 gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and
expenditure derive from continuing aclivilies.
The statement of financial activities also cornplies wtth the requirements for an income and expenditure account
under the Companies Act 2006.

ARDINA LIMITED
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Fixed assets
Investments
Property investments
10
11
100
2,097,526
100
1,913,630
2,097,626
1,913,730
Current a$$ets
Debtors
Cash 81 bank and in hand
12
39,493
223,722
39,493
127,694
263,21 S
167,187
Credltors: amount$ falllng due wlthln
one year
13
1899,9951
1908,1191
Nel Current liabilities
1636,7801
1740,9321
Total assets less current liabilities
1,460,846
1,172,798
Income funds
Unrestricted funds
1.460.846
1,172,798
1,460,846
1,172,798
The wmpany is entitled lo the exemption from the audit requirement contsined in section 477 of the Companies Act
2006, for the year ended 31 March 2025.
The directors a¢knowledgè their responsibilities for ¢omplying with the requirements of the Companies A¢1 2006
with respect to accoLJnting records and the preparation of financial statements.
The members have not required the company lo obtsin an audit of ils fin8nci81 ststemenls for the ye8r in question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject
to the small cornpanies regime.
The financial statements were approved by the Governors on
.M.28January 2026
Mr Hyman Weiss
Governor
Company Registration No. 01005565

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng poll¢le$
Charity inforrnation
Ardina 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 Accountlng convontlon
The accounts have been prepared in accordan￿ with the Companies Act 2006 and °Accounling and
Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021"
las amended for accounting periods commencing from 1 January 20161. The charity is a Public Benefit Enlily
8s defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterfing, whi¢h is the functional currency of the charity. Monetsry
amoLJnts in these finan¢ial statements are rounded to the nearest £.
Th& financial ststemenls have been prepartrd undtrr the historical cost conv8nlion. The principal accounting
policies adopted are set out below.
1.2 Going con¢ern
At the time of approving the finanaal statements, the governors have a reasonable expectation that the
charity has adequate resources to continue in operational existence for the foreseeable fulure. Thus the
governors conts'nue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the govemors in furtherance of their charitable
objectives.
Funds held by the charity are all unrestricted. These being funds which can used in accordance with the
charitable objects al the discretion of the governors.
1.4 In¢oming resour¢e$
Income is recognised when the charity is legally entitled to it after any performan￿ conditions have been met,
the amounts can be measured reliably, and it is probable that income will be received.
Gash donations are recognised on re￿ipl. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation lo donations received under GiftAid or de8ds of covenant is rewgnised al the lime of the donation.
Legacies are recognised on receipt or othetwise if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. 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 2025
Accounting policies
(Continued)
1.5 Resources expended
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic beneftt lo a
third party, il is probable that a transfer of economic benefits will be required in selllemenl, and the amount of
the obligation ¢8n be me8sured ￿liablY.
Expenditure is classified by activity. The costs ol each activity are made up of the trjtal of di￿ttt costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
aclivity are allocated directly lo Ihal activity. Shared costs which conlribute 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 are allocated on the portion of the asset's use.
Expenditure is recognised on an J￿ru81$ basis as a liability is InCur￿d.
Charitabl8 èxp8nditure comprisès thosè costs incurred by th8 charity in the dalivèry of its activitiès and
services for its beneficiaries. It inclLJdes both costs that can be allocated directly to such activities and those
costs of an indirect nature necessary lo support them.
Other costs include all costs involving the public accountability of the charity and ils compliance with
regulation and good practice. These include costs related to legal fees.
Charitable distributions represent donations paid lo religious, educational and Similar charities, and are
recognised when payment is made by the charity.
1.6 Flxed ass8t Inv8stm&nts
A subsidiary is an entity controlled by the charity. Control is the power lo govern the financial and operating
policies of the entity so as lo obtain benefits from ils aclivilies.
1.7 Cash and ¢a$h equivalènts
Cash and cash equivalents include cash in hand and deposits held at call with banks.
1.8 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Financial Instruments Issues, of FRS 102 to all of its financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becorlles party lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Baslc financlal as$ets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method. Financial assets classified as re￿1vable within one year are not amortised.
8asic financial liabilities
Basic finan¢i81 liabilities, including Creditors and b8nk108ns are ini11811y ￿cOgnised al trans8Ction price unless
the arrangement constitutes a financing transaction.

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
(Continued)
1.9 Investments in joint property syndicates
The charity has a number of joint interests in various properties each of which is owned by a syndicate of
similar participators. These investments ale ststed al the nel cost of participation in the syndicate plus
8ccumulated surpluses less deficiences and drawings from the syndicate.
No revaluation of the underlying properties has been reflected in the accounts.
1.10 Group a¢¢ounts
The financial statemenis present information about the company as an individual undertaking and not about
its group. The company and its subsidiary undertaking comprise a small-sized group. The company has
therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to
prepare group accounts.
Income from donations and legacies
Unrastrictod
funds
2025
Unr8strictod
funds
2024
Donations and gifts
46,000
47,C>OO
Donations include £ Nil12024.' £ Nil) from the company's subsidiaries.
Incom8 from invastmènts
Unr•strictèd Unr8strictèd
funds
funds
2025
2024
Syndicate surpluses
Interest re￿1vable
388,931
1.045
179,637
389,976
180,477
4 Charitable activities
Charltablo
Charltablo
distributions distributions
2025
2024
Grant funding of activities (see note 51
138,300
229,725

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Grants payable
2025
2024
Orthodox Jewish Education and religious studies
Advancement of religion and the Orthodox Jewish faith
Relief of hardsip and poverty in Jewish community
72,300
47,000
19,000
108,175
41,350
47,900
138,300
229,725
Material grants were paid to the following bDdies '.
Friends of Mercaz Hatorah Belz Macnivka
Bels Ruchel School Ltd
Live & Leam
The Yeshivas Ohel Shimon Trust
39,000
12,000
10,000
44,000
105,000
Other grants (not exceeding £5.0001
33.300
138,300
Governors
None of the governors lor any persons connected with them) received any remuneration or expenses during
the year.
None of the governors lor any persons connected with them) received any benefits during the year.
Employees
The average monthly number of employees during the year was..
2025
Number
2024
Numbèr
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 2025
Other
2025
2024
Legal and professional fees
Accountsncy charges
Sundry expenses
Bank charges and interest
Management charge
2,409
6,150
1,024
45
298
7,700
1,566
152
3,QOO
9,628
12,716
Taxation
The activities of Ardina Limited are exempt from direct laxalion under part11 of Corporation Tax Act 2010.
10 Fixed asset investments
Other
inv•$tmènt$
Cost or valuation
At 1 April 2024 & 31 March 2025
100
Carrying amount
At 31 March 2025
100
At 31 March 2024
100
2025
2024
Other investments comprise..
Notes
Investments in subsidiaries
16
100
100
11
Inv&$tmgnt$ In Jolnt property $yndl¢ate$
At 1 April 2024
Capital Introduced
Surplus for the year
Gain on disposal
Capital repayments
1,913,630
39
175,036
213,895
1205,0741
At 31 March 2025
2,097,525
10-

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11
Investments in joint property syndicates
(Continued)
The joint property investments in which the charity is a participator has borrowings secured on the properties
owned by the syndicates. The charity's share of such borrowings is not shown in the balance sheet in view of
the extent of the security provided by the properties.
12 Debtors
2025
2024
Amounts fallSng due wlthln one year..
Other debtors
39,493
39,493
13 Crèdltors: amounts falllng duè wlthln onè yèar
2025
2024
Trade creditors
AmoLJnts owed to SLJbsidiary undertakings
Other creditors
Accruals and deferred income
7,620
121,284
771,595
7,620
121,020
771,595
7,380
899,995
908,119
14 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2025
General funds
1,172,798
435,976
1147,9281
1,460,846
Prevlou$ year..
At 1 April
2023
Incoming
resources
Resources Al 31 March
expended
2024
General funds
1,187,762
227,477
1242,4411
1,172,798
15 R8latèd party transactlons
Interest Free Loans
2025
2024
Localtrent Limited
30,000
30,000

ARDINA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Related party transactions
(Continued)
30,000
30,QOO
The following amounts were outstsnding al the reporting end date..
Amounts owed to related
parties
2025
2024
H Weiss
P Weiss
283,229
383,231
283,229
383,231
666,460
666,460
16 Subsldlarlès
Details of the charitls subsidiaries at 31 March 2025 are as follows..
Name of undertaking
Registered
office
Nature of business
Class of
share5 held
°h Held
Direct Indirect
Bermin Investments Limited England & Wales Property Investors
Ordinary
100
The aggregate capitsl and reserves and the result for the year of subsidiaries excluded from consolidation
was as follows..
Narne of undertaking
ProfiUILossl Capital and
Reserves
Bemiin Invastmènts Limitad
53,588
12-