WYCHVILLE LIMITED LIMITED BY GUARANTEE Company No: 1153190 Charity No: 267584 FINANCIAL STATEMENrs for the year ended 31 MARCH 2025 COHEN ARNOLD CHARTERED ACCOUNTANTS LONDON NWI I OPU
WYCHVILLE LIMITED LIMITED BY GUARAIYTEE INDEX TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2025 Page Reference and Admit)istrative Inforniation Trustees Report hmlependent Ex8Jniner's Report Statement of Financial Activities (incorporating the Income and Expenditure Account) Balance Sh¢et Statement of Cash Flows 8- 11 Notes to the Financial Statements
WYCHVILLE LIMITED LIMITED BY GUARANTEE REFERENCE AND ADMINISTRATIVE IEYFORMATION FOR THE YEAR ENDED 31 MARCH 2025 GOVERP40RS (TRUSTEES): Mr E Englander (Chairnian) Mrs B R Englander PRINCIPAL ADDRESS.. 129 Stamford Hill London N16 5TW REGISTERED OFFICE: New Burlington House 1075 Finchley Road London NWI I OPU INDEPENDENT EXAMINER: Asher Sternlicht FCA Cohen Arnold New Burlington House 1075 Finchley Road London NWI I OPU PRtNCIPAL BAJNKERS: Barclays Bank PIC COMPANY NUMBER: 1153190 CHARITY NUMBER: 267584
WYCHVILLE LIMITED LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustee4 who are also Dir¢ctors for the purp()s¢s of Company Law, hav¢ ple&sure in presenting their Annual Report and the Financial Statsments of the Charity for the year ended 31 Mar¢h 2025. REFERENCE AND ADMINISTRATIVE llYFORMATION Reference and Administrative Inforniation of the Company is shown on Page l of the Financial Statements and fornis part of this report. STRUCTifRE, GOVERNANCE AND MANAGEMENT Gtpverning Do¢umenl Wychville Limited is a Company limited by guarantee governed by its Memorandum and Articles of Association. Org4Aisation The Charity is administered by tlie Governors who are the Trustees. Every Trustee holds office until helshe shall die or shall cease to hold office by virtue of the Arti¢l¢s of Association. The day-to-day affairs of the Company are administered by the Trustees whos¢ Chairnian is Mr E Englander. Where there is 8 rquirement for new Trustees, these would be identified and appointd by the rem&ining Trustees. The Chairnian of the Trnstees would be resw)nsible for the induction of any new Trustee, which involves awareness of a Trustee's resp)nsibilities, the governing document, administrativ¢ prttedures, the history and philosophict41 approach of the Charity. A new Tntre would receive copies of the previous year's annual report and accounts Wtth detailed explanation theOf. All Trustees give their time voluntarily and no benefit or expenses wetE paid to them in the year. ORITCTIVES AND ACTIvrtIES FOR THE BENEFIT OF THE PUBLIC The Charities obje¢tiv¢s. as defined in its governing document, are the advancement of religion in accordance with the orthodox Jewish faith. the relief of poverty and su¢h other purposes as ar¢ recognised by English Law as charitsble. To achieve these objects. the Company utilises its income to make grants and donations. The Trustees confi]In their wmpliance with the duty to have due regard to th¢ public benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives and in planning future activities. Granl Making Poli The Trnstees are approached for donations by a wide variety of ch&ritable institutions operdting in the United Kingdom and abroad. The Trustees ¢onsid¢r all r¢quests which they re1ve and make donations based on the level of funds available. ACH[EVElfS AND PERFORMANCE During the year the Company continued to pursue its philanthropic objects in support of educational. religious and other Charitable Organisations which is in accordan¢¢ with the guidan¢¢ of the Charity Commission relating to Public B¢n¢fit. The financial results of the Company for the year ended 31 March 2025 are fully reflected in the attached Finan¢ial Statements together with the Notes thereon. Grants and donations in the year totalled £699,760 (2024.. £599.761)-
WYCHVILLE LIMITED LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FtNANCIAL REVIEW Financial Posilion The financial position ofthe Charity is salisfactory. Income from d¢)nations and inves1ments aggregated £689.0(Xl. Total resources expended were £703.425 resulting in a net deficit of £14,425 for the year and total res¢ryes of £217,159 (deficit) Q024 - £202, 734 deficil). RaFerves Policy The Reserves Policy of the Tntste¢s is to maintain unrestricted funds, which are the free reserves of the Charity, at a level they consider appropriate to the Charity's needs taking into aUllt likely future requirements. Principal Uncertainties andRisk Managemenl The Trustees have identified and reviewed th¢ major risks to which the Charity is exposed. in particular those related to the operations and finance of the Covnpany, and are satisfied that sysfrms are in place lo manage thos¢ risks. It is recognised that systems can only provide re&8onable but not absolute assurance that major risks have been adequately mana8ed. Principalfunding sources The charitable company's principa] funding sources were donation5 received from lated Companies. PLANS FOR FUTURE PERIODS Th¢ Trustees plan to continue making distributions in accordance with their grant-making policy and to ensure that the ability to generate sufficient in¢ome is maintained to achieve that end. SMALL COMPANY PROVISIONS This report ha5 been prepared ill accordance with the provisions applicable to companies entitled to the small companies, exemption. Approved by the Trustees on 21 ?Od . including in their calty as Company Directors. By Order of the Trllsteeg MYS B R Engl der- (Governor {Trustee))
WYCHVILLE LIMITED LIMITFD BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE GOVERNORS OF WYCHVtLLE LILlllTED YEAR ENDED 31 MARCH 2025 TRUSTEES I r¢port to the trustees on my examination of the financial statements of Wy¢hville Limited ('the charity,) for the year ended 3 l March 2025. RESPONSIBILITIES AND BASIS OF REPORT As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial stat¢ments in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that ihe accounts of the company are not required to be audiied under Part 16 of the 2006 Act and are eligible for independent examination. I rekN)rt in respect of my examination of the charity's a¢¢ounts &5 carried out under section 145 of the Charities Act 2011 ('the 2011 Act')- In canying out my examination I have followed the Directions given by the Charity Commission under section 145{5Mb) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENr Since the charity's gross income exceeded £250,000 your examiner must be a member of a body Itsfrd in section 145 of the 2011 Act. I confirni th&t l am qualified to undertake the examination becaus¢ l atn a member of th¢ Institute of Chartered A¢¢ountants in England and Wales (ICAEW). which 15 one of the listed bodies. I have completed my examination. I confirm that no tnatters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the charity as requir¢d by section 386 of the 21M)6 Ac¢ or the financial statements do not accord with those rOrdS. or the financial statements do not comply with the accounting r¢quirements of section 396 of the 2006 Act other than &ny requirement that the accounts give a 'true and fail view which is not a matter considered as part of an independent examinalion. or the financial statements have not been prepared in accordance with the meth(xls and principles of the Statement of Re¢ommended Practice for accounting and reportin8 by charities applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this rewrt in order to enable a proper understanding of th¢ ac¢ounts to reached. Asher Stenilicht FCA Independent Examiner Cohen Arnold New Burlington House 1075 Finchley Road London NWI I OPU Date: 26 JhpJkngL¥... 2026
WYCHVILLE LIMITED LIMITED BY GUAIL4NfEE STATEMENT OF FINANCIAL ACTIVITIES INCORPOIUTING THE INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 Ullrestrieted Funds 2024 Unrestricted Funds Nots$ INCOME AND ENDOWMENTS Don&tions and Legacies Investment Income 689,000 622.500 148 Total Income 689,(M)O 622,648 Expenditure on Charitable Activities 703,425 602,852 Tothl Expellditure (703,425) (602,852) NET (EXPELYDITURE) I INCOME AND NET MOVEMENT FUNDS {14,425) 19,796 Re¢onciiiation of funds Total Funds Brought Forward (202,734) (222,530) TOTAL FUNDS CARRIED FORWARD £(217.159) £(202,734) The stat¢ment of financial activities includes all gains and losses recognised in th¢ year. All income and expenditure deriv¢ from continuing activities. The notes on pages 8 to I I forni part of these Financial Statements.
WYCHVILLE LIMITED LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2025 Company No.. 1155190 2025 2024 Notes CURRENf ASSETS Cash at Bank 13,141 CREDrfoRS: Atnounts falling du¢ within one year (5J79) (4,095) Tolal assets le&s currellt liabiiilies (5J79) 9,046 cREDORS. Amounts falling due after more than one year (211,780) (211,780) NET LIABILITIES £(217,159) £(202,734) FUNDS OF THE CHARITY Unrestricted Funds io (217,159) (202,734) TOTAL CHAIUTY FUNDS £(217.159) £{202,734) For the year ended 31 March 2025 th¢ Company w&s entitled to ¢xemption from audit under Section 477 of the Companies Act 2006 relating to small companies. Trustees, responsibilities: The metnbers have not required the Company to obtain an audit of its accounts for the year in question in accordanG¢ with Section 476; and The Trustees acknowledge their responsibilities for Complying with the requirements ofthe Act with respect to accounting rOrdS and the preparntion of accounts. These accounts have been prepared in accordance with the provision5 applicable to ¢ompanies subject to the small Companies, regime. These finan¢ial statements were approved by the Trustees and authorised for issue on %6 uv4vr. 20è& and are signed on their behalf by- MRSBRENG TRUSTEE DKR The notes on pages 8 to I I fomi part of these Financial Statements.
WYCHVILLE LIMITED LIMITED BY GUARAiYfEI E STATEMENT OF CASH FLOWS FOR THE YEAR 11 fARCH 2025 2025 2024 Net (eipenditure) l income for the year {14,425) 19,796 Adjustmellts for: Ent¢r¢st received Increase / (Decrease) in creditors (148) 31 120 Nel cash provide41 by operating activities {14J05) 19,679 Cash flows from invegting 4etiviti£s: Interest received 148 Net casb provided by lllvesting activities 148 Chgnge in CAsh and casb equivAlents in tbe year (14JOS) 19,827 Cash and cash equivalents at the beginning of th¢ year 13,141 (6,686) Casb and cash equivalents at tbt end of the yegr (1,164) 13,141 The notes on page5 8 to I I forffl part of these Financial Statements.
WYCHVILLE LIMITED LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 11 MARCH 2025 GENERAL INFORMATION The charity is a Private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the principal office is 129 Stamford Hill, London N16 5TW. STATEMENT OF COMPLIANCE These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to charities pr¢paring their accounts in accordance with the Financial Reporting stdard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ACCOUNTING POLICtES The following accounting policies have been used consistently in the preparation of the Financial Statements. Basis of accouuting The financial slatments have been prepared on the historical cost basis. as modified by the revaluation of certain financial assets and liabilities and mwsured at fair value through income or expenditure. The financial statements are pr¢pared in sterlin& which is the functional currency of the ¢ntity. Judgements and key 80Mrces of estimydtion uncertainty The preparation of the finan¢ial statements requires management to make judgemen estimates and assumptions that affect the &Tnounts reported. These estimates and judgements ar¢ ¢ontinually reviewed and ar¢ based on experience and other factors, including expectation5 of firture events that are believed to be reasonable under the cir¢umstances. Fund aceountillg Unrestricfrd funds are available for use at the discretion of the trustees to further any of th¢ charity's Purse5. Designated funds are unrestricted funds ¢annarked by the trusl¢¢s for particular tUre project or commitment. Restri¢t¢d funds are subjected to restrictions on their expenditure declared by the donor or through the ternis of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
WYCHVILLE LIMITED LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (Cortin¥ed) Incoming resoureo8 All incoming resources are included in the statement of financial activities when entitlement has passedto the charity. it is probable that the economic benefits associated with th¢ xnsaction will flow to the charity and th¢ amount can be reliably measured. Income from donations or grants is recognised when there is evidence of entitlement to the gift receipt is probable and its amount can be measured reliably. Donations PreSent voluntary amounts receivable during the year. Investment Income is included in the accounts when receivable. Resource8 expended Expenditure is r¢cognised as soon as there is a Present obligation committing the Charity to pay out resources it is probable that a trnnsfer of economic benefits will be required in settlement and the amount ¢an be measured or estimated reliably. Charitable Activities Grdnts are charged in the period in which paid: they comprise donations to third-paty institutions in accordance with the charitabl¢ obje£ts of the charity and its public Ixnefit objectives. Support costs Support costs are those cosls which Are common to all areas of the organisation. These are allatrd across all areas of activity on the basis of the number of service users for ¢a¢h activity. Governance costs Governance costs are associated with the governance arrangements of the charity and relate to the generdl running of the charity. These costs include audiL legal advice for Trustees and costs associated with Tneeting constitutional and Statutory requirements such as th¢ cosl of Trustee meetings and the preparation of the StatOry accounts. TAxalioD The Charity is not liable to direct taxation (¢otporation t&x) on its income it falls within the various exemptions available to registetrd Charities. Flnallclal instruments A financial asset or a finan¢ial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial inStMentS are initially recognised at the amount receivable or payable including any related tr&nsaction costs. unless th¢ aangernent constitutes a financing transaction, where it is re¢ognised at the pr¢s¢nt value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and Current liabilities ar¢ subsequently measured at the cash or other consideration expected to be paid OT received and not discounted. Debt instruments are subsequently measured at amortised cost.
WYCHVILLE LIMITED LIMITED BY GUARAIYTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES 2025 2024 General Donations £689,000 £622,500 ANALYSIS OF EXPENDITURE CHARABLE ACTIVITIES 2025 2024 Grant Funding Activities (Institutions) Support and Governance Costs (Note 6) 699,760 3,665 599,761 3,091 £703,425 £602.852 All grants paid relate to advancement of th¢ Jewish Religion and relief of pov¢rty. An analysis of grants paid is attached to these Financial Statements. SUPPORT AND GOVERNANCE COSTS 2025 2024 Independent Examiner's Remuneration General EXnSeS Bank Charges 2,970 357 338 2,760 216 115 £3,665 £3.091 STAFF COSTS AND EMOLUMENTS AND PARTICULARS OF EMPLOYEES No Truslees or stsff have been paid any remuneration or ¢¢IVed any other benefits from the charity. No staff were employed by the charity during the reporting period. CREDtroRS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank overdraft Sundry Creditors 1,164 4,215 4,095 £5J79 £4,095 io
WYCHVILLE LIMITED LIMITED BY GiIARANTEE NOTES TO THE FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 MARCH 2025 CREDtfoRS.. AMOUNtS FAILING DUE AER MORE THAN ONE YEAR 2025 2024 Loan Creditor £211,780 £211,780 io. UNRESTIUCTED FUNDS Charitable FuDds Balance at l April 2024 N¢t outgoing Resources for the Year {202,734) (14,425) Balan¢¢ at 31 March 2025 £1217,159) RELATED PARTY TRANSACTIONS There have been no related paty transactions in the reporting period that r¢quir¢ disclosure. The Loan Creditor (Note 9) represents amounts aggregating £211.780 du¢ to Gainhold Limits the Directors of which are also the Trustees of th¢ Charity. li
WYCHVILLE LIMITED LIMITED BY GUARANTEE ANALYSIS OF GIL4NTS FOR THE YEAR ENDED 31 IKARCH 2025 Recipieuts of Instituilonal Grants Friends of Bels Chinuch Lebonos Trust 22,000 Friends of Bels Soroh Schneirer 26,000 Friends of Mer¢az Hatorah Belz Macnivka 146,250 Macbzikei Lomd¢i Torah 205,000 Mifal Haches¢d Vehatzdokoh 24,300 Mifal Tzdokoh WChe5ed Limited 66,000 One Heart- Lev E¢hod 21,000 Live and Learn 99.000 Bels Aharon Trust 21.860 Other grAnts 68.350 £699.760