**Charity number: 266913 Company number: 01151421**
## **Tel Hai Fund Limited**
**(A company limited by guarantee)**
**Trustees' report and financial statements**
**for the year ended 31 March 2025**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees' report|**2**|
|Statement of financial activities|**3**|
|Balance sheet|**4 - 5**|
|Notes to the financial statements|**6 - 7**|
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Legal and administrative information**
|**Charity number**|266913|
|---|---|
|**Company registration number**|01151421|
|**Registered office**|2 Mill Street|
||London|
||W1S 2AT|
|**Trustees**|J Graus|
||M Lee|
||M Rankoff|
|**Accountants**|Alexander & Co (Accountancy) Limited|
||7 Murray Crescent|
||Pinner|
||Middlesex|
||HA5 3QF|
**Page 1**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31 March 2025**
The trustees present their report and the financial statements for the year ended 31 March 2025. The trustees, who are also directors of Tel Hai Fund Limited for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
## **Objectives and activities**
The principal activity of the company throughout the year has continued to be that of raising money for education and religious purposes, etc., in the state of Israel and elsewhere. The method of raising money is by seeking donations from benefactors, friends, business and professional people. Approach is made by letter, telephone and personal calls.
## **Financial review**
The Trustees consider the results of the year under review to be satisfactory, and are optimistic about future prospects
## **Statement of trustees' responsibilities**
The trustees (who are also directors of Tel Hai Fund Limited for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company 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 in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions for small companies and in accordance with FRS 102 SORP.
On behalf of the board
## **Trustee**
16 June 2025
**Page 2**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Statement of financial activities (incorporating the income and expenditure account)**
## **For the year ended 31 March 2025**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Donations and legacies
45,908
Other income - Income tax recoverable
2,515
**Total income and endowments**
48,423
**Expenditure on charitable activities**
Distributions to Charitable institutions overseas
56,266
Distributions to Charitable institutions in the UK
-
56,266
**Other expenditure**
Consultancy and secretarial expenses
-
Accountancy fees
1,080
Bank charges
29
Printing, postage, stationery and advertising
-
Sundry expenses
-
1,109
**Total expenditure**
57,375
**Net income/(expenditure) and**
**movement in funds for the year**
)
(8,952
**Reconciliation of funds**
Total funds brought forward
31,568
**Total funds carried forward**
22,616|**2025**
**Total**
**£**
45,908
2,515
48,423
)
(56,266
-
56,266
-
1,080
29
-
-
1,109
57,375
)
(8,952
31,568
22,616|**2024**
**Total**
**£**
79,824
-
79,824
91,194
-
91,194
13
1,080
33
-
-
1,126
92,320
)
(12,496
44,064
31,568|
|---|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 3**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Balance sheet as at 31 March 2025**
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
5
**Net current assets**
**Net assets**
**Funds**
6
Unrestricted income funds
**Total funds**|**2025**
**£**
**£**
23,696
23,696
)
(1,080
22,616
22,616
22,616
22,616|**2024**
**£**
**£**
32,648
32,648
)
(1,080
31,568
31,568
31,568
31,568|**2024**
**£**
**£**
32,648
32,648
)
(1,080
31,568
31,568
31,568
31,568|
|---|---|---|---|
||||31,568|
||||31,568|
||||31,568|
The Balance Sheet continues on the following page.
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 4**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Balance sheet (continued)**
## **Trustees statements required by the Companies Act 2006 for the year ended 31 March 2025**
In approving these financial statements as trustees of the company we hereby confirm:
(a) that for the year stated above the company was entitled to the exemption conferred by section 477 of the Companies Act 2006 ;
(b) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 31 March 2025.
(c) that we acknowledge our responsibilities for:
(1) ensuring that the company keeps proper accounting records which comply with the requirements of the Companies Act 2006, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the the provisions applicable to small companies subject to the small companies regime and in accordance with the FRS102 SORP.
The financial statements were approved by the board on 16 June 2025 and signed on its behalf by
## **J Graus**
## **Director**
M Rankoff M Rankoff (Jun 23, 2025 08:42 GMT+1)
## **M Rankoff Director**
## M Lee
M Lee (Jun 16, 2025 09:43 GMT+1)
**M Lee Director**
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 5**
**Tel Hai Fund Limited (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 March 2025**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (Accounting for Charities) (SORP 15) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **1.2. Cashflow**
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **2. Charitable donations**
||**Overseas**|
|---|---|
||**donations**|
||**£**|
|DPC Self Defence|8,500|
|Jerusalem Centre|4,015|
|Magen David Adom|5,500|
|Ichud Shivat|5,715|
|IDF Widows|2,015|
|Mosdot Neveh Tzavia|6,043|
|Yeshivot Shiloh|24,478|
||56,266|
## **3. Employees**
## **Employment costs**
No salaries or wages have been paid to employees, including the trustees, during the year.
## **4. Taxation**
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
**Page 6**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 March 2025**
|**5.**|**Creditors: amounts falling due**|||
|---|---|---|---|
||**within one year**|**2025**|**2024**|
|||**£**|**£**|
||Accruals and deferred income|1,080|1,080|
## **6. Analysis of net assets between funds**
|**6.**|**Analysis of net assets between funds**|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Total**||||||
|||**funds**||**funds**||||||
|||**£**||**£**||||||
||Fund balances at 31 March 2025 as represented by:|||||||||
||Current assets|23,696||23,696||||||
||Current liabilities|)
(1,080||(1,080|)|||||
|||22,616||22,616||||||
|**7.**|**Unrestricted funds**|**At**|||||||**At**|
|||**1 April**||**Incoming**|||**Outgoing**||**31 March**|
|||**2024**||**resources**|||**resources**||**2025**|
|||**£**||**£**|||**£**||**£**|
||Unrestricted funds|31,568||48,423|||(57,375|)|22,616|
## **8. Company limited by guarantee**
Tel Hai Fund Limited is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
**Page 7**
**Charity number: 266913 Company number: 01151421**
## **Tel Hai Fund Limited**
**(A company limited by guarantee)**
**Trustees' report and financial statements**
**for the year ended 31 March 2025**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees' report|**2**|
|Statement of financial activities|**3**|
|Balance sheet|**4 - 5**|
|Notes to the financial statements|**6 - 7**|
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Legal and administrative information**
|**Charity number**|266913|
|---|---|
|**Company registration number**|01151421|
|**Registered office**|2 Mill Street|
||London|
||W1S 2AT|
|**Trustees**|J Graus|
||M Lee|
||M Rankoff|
|**Accountants**|Alexander & Co (Accountancy) Limited|
||7 Murray Crescent|
||Pinner|
||Middlesex|
||HA5 3QF|
**Page 1**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31 March 2025**
The trustees present their report and the financial statements for the year ended 31 March 2025. The trustees, who are also directors of Tel Hai Fund Limited for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
## **Objectives and activities**
The principal activity of the company throughout the year has continued to be that of raising money for education and religious purposes, etc., in the state of Israel and elsewhere. The method of raising money is by seeking donations from benefactors, friends, business and professional people. Approach is made by letter, telephone and personal calls.
## **Financial review**
The Trustees consider the results of the year under review to be satisfactory, and are optimistic about future prospects
## **Statement of trustees' responsibilities**
The trustees (who are also directors of Tel Hai Fund Limited for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company 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 in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the special provisions for small companies and in accordance with FRS 102 SORP.
On behalf of the board
## **Trustee**
16 June 2025
**Page 2**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Statement of financial activities (incorporating the income and expenditure account)**
## **For the year ended 31 March 2025**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Donations and legacies
45,908
Other income - Income tax recoverable
2,515
**Total income and endowments**
48,423
**Expenditure on charitable activities**
Distributions to Charitable institutions overseas
56,266
Distributions to Charitable institutions in the UK
-
56,266
**Other expenditure**
Consultancy and secretarial expenses
-
Accountancy fees
1,080
Bank charges
29
Printing, postage, stationery and advertising
-
Sundry expenses
-
1,109
**Total expenditure**
57,375
**Net income/(expenditure) and**
**movement in funds for the year**
)
(8,952
**Reconciliation of funds**
Total funds brought forward
31,568
**Total funds carried forward**
22,616|**2025**
**Total**
**£**
45,908
2,515
48,423
)
(56,266
-
56,266
-
1,080
29
-
-
1,109
57,375
)
(8,952
31,568
22,616|**2024**
**Total**
**£**
79,824
-
79,824
91,194
-
91,194
13
1,080
33
-
-
1,126
92,320
)
(12,496
44,064
31,568|
|---|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 3**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Balance sheet as at 31 March 2025**
|**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
5
**Net current assets**
**Net assets**
**Funds**
6
Unrestricted income funds
**Total funds**|**2025**
**£**
**£**
23,696
23,696
)
(1,080
22,616
22,616
22,616
22,616|**2024**
**£**
**£**
32,648
32,648
)
(1,080
31,568
31,568
31,568
31,568|**2024**
**£**
**£**
32,648
32,648
)
(1,080
31,568
31,568
31,568
31,568|
|---|---|---|---|
||||31,568|
||||31,568|
||||31,568|
The Balance Sheet continues on the following page.
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 4**
## **Tel Hai Fund Limited**
## **(A company limited by guarantee)**
## **Balance sheet (continued)**
## **Trustees statements required by the Companies Act 2006 for the year ended 31 March 2025**
In approving these financial statements as trustees of the company we hereby confirm:
(a) that for the year stated above the company was entitled to the exemption conferred by section 477 of the Companies Act 2006 ;
(b) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 31 March 2025.
(c) that we acknowledge our responsibilities for:
(1) ensuring that the company keeps proper accounting records which comply with the requirements of the Companies Act 2006, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the the provisions applicable to small companies subject to the small companies regime and in accordance with the FRS102 SORP.
The financial statements were approved by the board on 16 June 2025 and signed on its behalf by
## **J Graus**
## **Director**
M Rankoff M Rankoff (Jun 23, 2025 08:42 GMT+1)
## **M Rankoff Director**
## M Lee
M Lee (Jun 16, 2025 09:43 GMT+1)
**M Lee Director**
**The notes on pages 6 to 7 form an integral part of these financial statements.**
**Page 5**
**Tel Hai Fund Limited (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 March 2025**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (Accounting for Charities) (SORP 15) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
## **1.2. Cashflow**
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity.
## **2. Charitable donations**
||**Overseas**|
|---|---|
||**donations**|
||**£**|
|DPC Self Defence|8,500|
|Jerusalem Centre|4,015|
|Magen David Adom|5,500|
|Ichud Shivat|5,715|
|IDF Widows|2,015|
|Mosdot Neveh Tzavia|6,043|
|Yeshivot Shiloh|24,478|
||56,266|
## **3. Employees**
## **Employment costs**
No salaries or wages have been paid to employees, including the trustees, during the year.
## **4. Taxation**
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
**Page 6**
## **Tel Hai Fund Limited (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 March 2025**
|**5.**|**Creditors: amounts falling due**|||
|---|---|---|---|
||**within one year**|**2025**|**2024**|
|||**£**|**£**|
||Accruals and deferred income|1,080|1,080|
## **6. Analysis of net assets between funds**
|**6.**|**Analysis of net assets between funds**|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Total**||||||
|||**funds**||**funds**||||||
|||**£**||**£**||||||
||Fund balances at 31 March 2025 as represented by:|||||||||
||Current assets|23,696||23,696||||||
||Current liabilities|)
(1,080||(1,080|)|||||
|||22,616||22,616||||||
|**7.**|**Unrestricted funds**|**At**|||||||**At**|
|||**1 April**||**Incoming**|||**Outgoing**||**31 March**|
|||**2024**||**resources**|||**resources**||**2025**|
|||**£**||**£**|||**£**||**£**|
||Unrestricted funds|31,568||48,423|||(57,375|)|22,616|
## **8. Company limited by guarantee**
Tel Hai Fund Limited is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
**Page 7**
CHARITY (OMMISSION Independent examiner's report on the
FOR ENGLAND AND WAIES I
accounts
Section A
Independent Examinerfs Report
Report to the truste
members of
I EL t4AI FuNb L-,
On accounts for the year
ended
31 ZoZ6
Charlty no
(if any)
Olis1I21
Sot out on pages
I report lo the trustees on my examination of the accounts of the above
charty {-the Trust") for the year ended
Responslbilities and
basls of report
As the charity's trustees, you are responsible for the preparation of the
accounts in accordan* with the requirements of the Charities Act 2011
{"the Act")
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and In carrying out my examination, I
have followed all the applicable Directions given by the Charity Commission
under section 145{51(b) of Ihe Act.
Independent
examiner's Statement Undert latrex8n tytse
I have completed my examination. I confim that no material matters have
come to my attention in connection with the examination 19t*w4
4cL") lch gives me rAuse to believe that in, any material
respecl:
the accounting records were not kept in accordance with section 130
of the Charities Act". or
the arxounts did nol accord with Ihe accounling records., or
the accounts did not comply wrth the applicable requirements
concerning the fomi and content of accounts set out in the Charities
(Accounls and Reports) Regulations 2LK$8 other than any requirement
that the accounts give a 'lrue and fair. view which is not a matter
consKlered 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 lo be reached.
' Pleas& delete the words in the brackets if they do not apply.
Slgned:
Date".
Name:
6IMs
Relevant prolessional
qualification(s} or body
F(A
ILAEbJ
IER
Oct 2018
{rf any>:
Address:
1 MuR6AX CR65 L6
Section B
Disc105ure
Only complete If the examiner needs to highlight material matters of concern
(see CC32, Independent examinatson of charty accounts.. directions and
guidance for examiners).
Glve here brlef detalls of
any Items that the
examlner wishes to
dlscloso.
IER
Oct 2018