COMPANY REGISTRATION NUMBER: 00792171
CHARITY REGISTRATION NUMBER: 268521
Company Limited by Guarantee
FINANCIAL STATEMENrs
31 MARCH 2024
COHEN ARNOLD
Chartered accountants & statutory auditor
New Burlington Howe
1075 Finchley Road
IK)ndon
Nwi i OPU

TSEDOKO LIMITED
COMPANY LIMITED BY GUARANTEE
FJNANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
PAGES
Trustees, annual report (incorporating the directovs report)
Independent auditor's report to ihe members
Stal¢ment of financial activities {including income and expenditure
account)
Stalement of fjnancial position
Notes to the financial statements
Ito4
5t09
io
12to17

TSEDOKO LIMITED
COMPANY LIMITED BY GUARAf4TEE
TRUSTEES, ANNUAL REPORT {INCORPORATING THE DJREcfoR'S REPORT)
YEAR ENDED 31 MARCH 2024
The trustee5, who are also the directors for the purposes of compaT)y law, preseni their report and the
financial statements of the charity for the year ended 31 March 2024.
REFERENCE Af+lD ADMINISTRATIVE DETAILS
Registered charity name
Charity registrntion number
Company registration number 00792171
Principal office
3 Goodyei's GaTdens
London
NW4 2HD
United Kingdom
Tsedoko Limited
268521
Registered office
New Burlington House
1075 Fincliley Road
London
NWII OPU
United Kingdom
THE TRUSTEES
Mrs R S Glatt
Mr L Glatt
Mr l L Glait
Mr A C Kestel
Mrs D F Kestel
COMPANY SECRETARY
Mrs R S Glatt
AUDITOR
Cohen Arnold
Chartei'ed accountanis & starlltory auditor
New Burlington House
1075 Finchley R02d
London
NWII OPU

TSEDOKO LIMITED
COMPATr4Y LIMITED B Y GUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPORATJNG THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2024
STRUCTURE. GOVERNANCE AND MANAGEMEf4T
The cliai.ity is constituted As a company limited by guarantee, govei'ned by its Meinorandum and
Articles of Association.
The day-io-day affairs of ihe cornpany are administered by the trustees. None of ihe trustees have any
beneficial intei'est in the ¢ompany.
It is noi currently ihe intenfion of the trustees of ihe charity to appoint new trusiees. Should the
siluation cliange in the futLire, tlie trustees will apply siiitable I'ecruiiment training and induction
prOCedLir￿.
All trustees give theii. time volunlarily and no benefit or experises were received by them during the
year.
IUSK MANAGEMENT
The trustees have assessed the major Tisks to which the charity is exposed, in partiLular those related
to tlie operations and finances of tlie cliariiy, and are satisfied thai systems are in place to Inanage
tliose risks.
OWECTIVES AND ACTIVITIES
The charity is established to furiher those purpo.ges both in the United Kingdom and abi'oad
recognised as chai"itable by English Law. The charity received income mainly from its properly
investmenis which li iitilise5 to IT]ake gTanis and donations.
Dui'ing the year the cliarity continLicd to piirsue its philanthropic obje¢ls in support of educational,
I'eligious and otlier Cliariiable Oi'ganisarions which was in accordance with the giiidaJ)ce of the
Charity Commissioii relating to PLiblic Benefit.
Grant Iwlaking Policy
Gi'ants are inade to chai'iiable institLltion5 and organisation which accord with the objects of the
charily-
ACHIEVF.MENTS Af+lD PERFORMANCE
Diii'ing tlie year the chartly continLied its pliilanthropic activities in support of ediicational. I'eligioiis
and oilier Chariiable Oi'gJanisalions whiLh is in accoiLlance with ihe guidance of the Cliarily
CoinTnission relating to Public Benefit. Tl)e aggi'egate of the donations and grants were £406,510
(?0?3.. £395,165).
Tlie financial results of the cliai'ity's acliviiies foi. the year 10 31 March 2024 are fully refle¢ted in the
attached Financial Siateineiits togeiher wilh tl)e Notes thereon.

TSEDOKO LIMITED
COMPATrIY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR EIYDED 31 MARCH 2024
FI]YANCIAL REVIEW
Reserves poliey
It is the policy of the charity to Inaintain unrestricted funds. which are ihe free reserves of the ehaiily,
al a level whicli the irusiees think appropriate after consideriT)g the future commilments of ihe chariry
and ihe likely administrdtive cosis of the charity for the next Ye￿..
lllvestment power5 and poliey
Under the Memorandum and Article5 of Association. the chariiy has the powei. lo Jnake any
investment, which the trustees considei. appropriate. The trustees regularly review the charity's
inv¢5tmeni policy.
The trusiees considei. tlie return on inveslments, in lerins of both income and ¢8piial growth. lo be
satisfaciory.
The tTUStees, liaving regard to tl)e liquidity requirements of the charity and to the reserves policy have
opei.ated a pol icy of keeping available funds in interest bearing deposit a¢¢ount.
PLANS FOR FUTURE PERIODS
The trustees plan to confinue to Inoke distributions in ac¢ordance with their gTani Inaking policy and
to ensure that the gbility to generate sufficienl income is maintained to achieve Il)at end.
TRUSTEES, RESPONSIBILITIES STATEMENT
The trusiees, who are also directors for Ilie pui'poses of company law. are resptsnsible for preparing
the iriistees. report and the financial 5tateineJ)ts in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdoin Generally Accepted Accounting Practice).
Coinpany law requires tl)e cliariiy 11-ustees to prepare financial statements for each yeai. wliich give a
true and fail- view of ilie stale of affairs of the chai'itable coinpany and ihe incoining resources and
applicaiion of re.8Ok)rces, including the iT)¢ome and expenditure. for ihai period.
In pretyaring these financial stateinents, the trnstees are required io:
select suitable accounfing policies and then apply them consistently.
observe the methods and principles in the applicable Charilies SORP,.
Inake judgments aT)d accoLinling estiindtes tl)at ale reasonable and prudent;
PIEpare tlic financial stateinenis on tlie going eoncem basis unless it is inappi'opriate io presuine
tliat rhe charity will continiic in biisines5.
Tlie trustees are responsible for keeping adequate accounting records that are sufficierhl to sliow and
explain the cliarity'5 I￿nsaCtIOnS and disLlose with reasonable accuracy at any time the financial
position of the charity and enable tl)em to ensure that the fjnancial stateillents coinply with the
Coinpanies Act 2006. Tliey ai'e also iespon%ible f()i' safeguarding the ¢isseis of the cliai'ity and hence
foi. taking I'c050nable steps for ilie ptrventitsn and detection of fraud and othei- ii'lEgularities.

TSEDOKO LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT (INCORPORATJNG THE DIRECTOR'S REPORD
YEAR ENDED 31 MARCH 2024
AUDITOR
Each of the persons who is a tTUStee at tlie dale of approval of this report confirnjs that..
so far as they are aware, tliere is no Televanl akjdit information of which the charity's audiior is
unaware,. and
they have taken all steps that they ouglit to have taken as a trustee to make themselves aware of
any relevant audit inforination and to establish that tlie charity's audilor is aware of that
information.
The 2udrtor is defflned to liave b￿n re-appointed in accordance wilh section 487 of ihe Companies
Act 2006.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with ihe provisions applicable to companies enlitled to
the small companies exemption.
The trustees, annual report approved on 8 October 2024 and signed on behalf of ihe lJ)ard of
tnlstees by..
Mrs R S Glait
Tnjsiee

TSEDOKO LIMITED
COMPANY LIMITED B Y GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TSEDOKO
LIMITED
YEAR ENDED 31 MARCH 2024
OPINION
We have audited the financial siaiemenis rhf Tsedoko Limited (the 'charity') for the year ended
31 March2024 which comprise the staieineni of financial aciivitie5 (including income and
expenditure a¢count}, siatement of financial posilion and the related noies, including a summary of
significant awounting policies. The financial reponing framework thai has been applied in their
pRparalion is applicable law and United Kingdoin Accounting Standards, including FRS 102 The
Financial Reporting Standard applicable in tlie UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion the finaneial gtatemenis=
giv¢ a true and fair view of il)e state of the chai'ity's affairs as at 31 March 2024 and of ils
incoming resouices and application of resoui'ces. including lis income and expenditure, for the
yearihen ended.
have been properSy prepared in accordance wilh United Kingdom Generally Accepted
Accounting Practice.
have been pi'epared in a¢coTdan¢e with the requii'ements of ihe Companies Aci 2006.
BASIS FOR OPINiof4
We conducted our audii in accoi'dance with International Standards on AuditinE IUK} (ISAS (UK))
and applicable law. Our responsibilities under those standards are furthei. described in lh¢ auditoj s
responsibilities for ihe audit of the financial statements seciion of our report. We ar¢ independent of
the chai'ity in ac¢ordance with the ethical I'equireinents that are relevant to our audit of the financial
statements in the UK, including the FRC'S F.Ihical Standard. and we have fulfilled our otlier ethical
responsibilities in accordance with these requirements. We believe that Ihe audit evidence we have
obtained is sufficient and appropriate to provide a basis for oiir opinion.
CONCLUSIONS RELATING TO GOJNG CONCERN
In auditing the financial 5tateinents, we have concluded that the irusiees, iise of the going concern
basis of accounting in the preparation of the financial statements is appropriale.
Based on tlie wo1* we have perforffled, we have not identified any inalerial uncertainties relating to
¢venis or conditions thai, individually or ctillectively, Tnay ¢asi significant doubt on the charity's
ability lo continiie as a going concern for a period of at leasi twelve montlis from when the financial
stateinents are auihorised for issue.
Our responsibilities and ihe responsibilities of tl)e tru5tee5 With respect to going concern are described
in the relevani sections of this report.

TSEI DOKO LIMITED
COMPANY LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TSEDOKO
LIMITED
cvThliJrtseil)
YEAR ENDED 31 MARCH 2024
OTHER JNFORMA TION
The oiher inforn)ation comprises tlie inforination incliided in ihe annual report, oil)er than the
financial slatemenls and our auditor's report Ihereon. The triistees are responsible for the other
information. Our opinion on the financial statements di)es not cover the oiliei. information and, except
to ihe extent otherwise explicitly stated in our report, we do not express any foiin of assurance
Conclusion thereon.
In ¢onnection with OUT audii of ihe financial stateTnenlS. our responsibility is to read the other
infomiation and, in doing so, consider wherher the other inforination is mateTially inconsistent witli
the financial statements or our knowledge obtained in the audit or otherwise appedrs to be materially
misstated. If we identify Slich material inconsTrsiencies or appareni material misstatements. we are
required to determine whether there is a material misstateinent in the financial statements or a
material misstatement of the oiher inforination. If, based on tlie work we liave perfornied. we
conclude that there is a matei'ial misstateinetbl of thi5 Other informalioy), we are required to report that
fact.
We have nothing to report in this regard.
OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the work undertaken in the ¢ourse of the audit..
the information given in tlie Iruslees, repoi1 foi the financial year for which the financial
statements are PTepared is consisleni witli ihe financial statements- and
the trusiees. report ha5 been prepai'ed in accordance with appli¢able legal requirenenls.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTIOP4
In the ligm of the knowledge and understanding of the chai'ity and its environment obtained in the
course of ihe audii, we liavc not idenlificd maiei'ial Inisstatements in ihe irLislees' report.
We have nothing to irport in respect of tlie following Inatters in relation io whicli the Companies A¢1
2006 requiiES US to reporl to you if, in oiir opinion-.
adequaie accounting records have not been kepl, or returns adequate for our audit liave not been
received from branclies not visited by LIS., or
the financial statements are not in agreeinent will) Ilie accounting records And returns; or
certain disclosLires of trustees. TemLincration specified by law are not made- or
we have not received all tlie infoi'mation and explanations we require for our audit; or
the irustees were not entitled to prepare (he financial statements in accordance with the sinall
2ompanie.s regime and take advantage of the small ¢OTnpanies' exemptions in preparing the
directors, ieport and fj'tsm the requirement to prepare a siraiegic repoi't.

TSEDOKO LIMITED
COMPANY LIMITED B Y GUARANTEF.
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TSEDOKO
LIMITED (conlivu￿Ij
YEAR ENDED 31 MARCH 2024
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the triisiees, responsTrbilities statement, the ti'ustees (wlio are 21s0 the
direclois for the purposes of company law) ale r¢sp()nsible for the preparation of the financial
ststements and for being satisfied that they give a tiue and fair view, and for such intei'nal eontrol as
the trustees determine is neLessary to enable th¢ preparation of financial siatements that are free from
material mi5Staiemeni, whethei- due to fraud or error.
In preparing the financial statemcnls, Ihe irusiee.% are responsible for assessing the charity's abiliiy to
continue as a going concern, disclosing, as applicable, matters related to going conccrn and using ihe
going concern basis of accounting unless the trustee5 eitl)er inrend to liquidaie ihe charity or to ceasc
operations, or have no realisiic alternative but to do so.
AUDITOR'S RESPOP4SJBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our obj¢ctives are to obtain reasonable assurance abolit wlieiher ihe financial siaiemenis as a whole
are fr¢e from material misstateinent, whethei. due to fraud or ei'i'or, and io issue an auditor's report
that includes our opinion. Reasonable assurance is a higli level of assurance, but Is not a guaTantee
Ihat an audit conducted in aL¢ordance with ISAS (UK) will always detect a illaterial rnisstatement
when it exists. Misstaleillents arise froin fraud oi. ttrror and are considered matei'ial if, individually
or in the aggregate, they could reasonably be expe¢ied to influence the economic decisions of users
taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulalions. We design
procedures in line wilh our respon5ibililies, ouilined above, (o delect material missiateinents in
re5peci of irregularities. including fi'aud. The exlent to wliich Qui procedui'es are capable of detecting
irregularities. including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks thai are applicable to the
group throuuFh discussion with tl)e direciors and identified whicli were most significani with
respect to ihe financial staieinents. We idenlified financial repolting legi51aiion (including
related companies legi51aiiow)), taxdtion legislaliot), landlord legislation, and anri-bribery
legislation as being IT)05t 5tgnificant to these linancial stateinents. We communicated these
idenrified fTaineworks amongst OLir audit teain and reinained alert to any indications of non-
compliance througl)oui ihe audit. We ensured that the engagement team had sufficient
competence and capability to identify oi" recognise non-coinpliance with laws aT)d regulations.
We discussed witli the direciors the po)licies and PTocedures regarding compliance with these
legal and regulatoi'y frainewoi'ks.
We assessed the susceptibiliiy of the groLlP'S financial staiements to rnaterial misstaiement diie to
non-compliance with legal and I'egLilatoiy framework.s, including how fraud might occui., by
enquiry with the directors during ilie plannit]g and finalisation phases of our audit. The
Susceptibility to suLh Inalei'ial missiateinent was deteriniD¢d to be low.
Based on this understanding we designed OUT audit pi'ocedures to identify non-compliance with
the identified legal and regulatory fraincworks. whicli were part of our procedures on the related
financial 5tatetneni iieins. Oiii. procedures included rcviewing ihe group's intei'nal coniiols
policies and pi'oLedures. correspondence willi regulatoiy bodies including HMRC, testing
trdn.%aCti0￿ outside the noi'inal coui'se of ihe busines5 and joui'nal entries, and discussions with
the directors and scnioi" Inanagemeni.

TSEDOKO LIMITED
COMPANY LIMITED BY CYUARANTEE
INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF TSEDOKO
LIMITED f
YEAR EP4DED 31 LVIARCH 2024
Owing to the inherent limitations of an audit, there is dn unavoidable T15k thai we may not have
detected some material misstatements in the financial slateinent5. even though we have propei'ly
planned 2nd perfornied our aiidit in accordance with audiling standards. For exainple, the further
removed non-compliance wilh laws and regulations (iTregLilarities) is from the events and transactions
reflected in the financial siatements, the les5 likely Ihe inhei'ently liinited procedures required by
auditing standards would identify it. In addition, as with any aiidit, there remailled a higher risk of
non4ete¢iion of irregularities. as these tnay involve collusion, forgery, inlentional omis.%ions,
misrepresentations, OT the override of internal conti'0ls. We are not responsible for preventing non-
compliance and rannol be expected to detect non-coinpliance with all laws and regulations.
As part of an audil in accordance with ISAS {UK}, wt exercise professional judgineni and maintain
professional s¢eplicisffl iliroughout the audit_ We also..
Identify and asse55 Ihe risks of Inaterial Inisstatement of tlie financial statements, whether due to
fraud or error, design and pei'form audit procedlires I'esponsive to th05E rsskg, and obtain audit
eviden¢e that is sufficient and appropriaie to provide a bJsis foi. our opinion. The risk of not
detecting a material misstatemeni resuliing froim fi'aud 15 higher il)an for one resullin&, from
error, as fraiid may involve collusion, forgery, inientianal oinissions. Tnisrepiesent2tions, or the
override of internal control.
Obtain an undei'standing of iniei'nal contiDI relevant to ihe audit in order to design audit
procedures ihat are appropi'iaie in the cir¢utnsiances, but not for the purtM)se of expressing an
opinion on the effectiveness of the iniei.nal control.
Evaluate the approprsateness of accoLinting policies used and the reasonableness of accounting
estimates and reldied disclosures fflad¢ by the irLISte￿.
Conclude oll the appi'opriaieness of the ITU5tcc%' use of The going concem basis of accounting
and, based on the aiidit evidence obtained, wlieiher a maierial uncertainly exists relaled to events
or conditions that may cast significant doubl on tlie ¢harily'S ability to continue as a going
concern. 11- we conclude that a material iinceilainty e.xists, we are required to draw attention in
our auditor's report to the related disclosuies in tlie financial statejnents or, if such disclosures
are inadequate, to Inodify oui. opinion. Our Lonclusion5 are based otl Ihe audit evidencc obtained
up io the dale of oiir aLiditor'5 I'eport. However. fLltui'e events 01 condilions may cause thc charity
io cease to continiie as 2 going concem.
Evaluate the oveiall presentation, sti'ucture and content of the financial statemcnts, inclLiding the
dis¢losures, and whether ilie financial siatements IEpresent the underlying trnnsaciions and
events in a IT)anner thai achieves fair presentation.

TSEDOKO LIIVIITED
COMPATr4Y LIMITED BY GUARANTEE
JNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TSEDOKO
LIMITED {-,.
YEAR EI NDED 31 MARCH 2024
We communicate with those charged wilh governance regai'ding. among other Inatters, the planned
scope and timing of the audit and signifi¢ani audit findings, including any significant deficiencies in
internal control ihat we identify during our audit.
USE OF OUR REPORT
This report is made solely to the charity's members, as a body. in accoi'dance with Chapter 3 of Part
16 of the Companie5 Act 2006. Our audit work has been undenaken so that we might state to the
charity's members those Matte￿ we are required io state 10 Ihem in an auditor's repoil and for no other
purpose. To the fullest extent pei'mitted by law, we do not accepi OT assuine responsibility to anyone
other than the charity and ihe charity's Inembers as a body, for our audit work, for this report, or for
the opintons we have formed.
Dov FlaL'riS FCA {Senior Siatutory Auditor)
For and on behalf of
Cohen Arnold
Chartered accouniants & statutory auditor
New Burlington House
1075 Finchley Road
London
NWI I OPU
8 October 2024

TSEDOKO LIMITED
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2024
2024
Unrestiicted
funds Total funds Total funds
2023
Noie
Income and endoivments
DoJ]ations and legacies
Investment income
43,750
450,262
494,012
43,75n
450,262
4Y4,012
47,000
430,392
477,392
Total incojne
Expenditure
Expenditure on rdi5ing fuTJds:
Investmenl managemeni costs
Expenditure on chariiable activities
Total expenditure
71,833
424.775
71.833
424.775
107,461
412.144
496,608
496,608
519.605
Net gains on investments
10
6,291
6291
299,670
Net income net movement in fuDds
3,695
3,695
257,457
Reconciliation of funds
Total fuJ)ds brought forwai'd
Total funds tarried forward
8.549,054
8.549,054
8,291,597
8,549,054
8.552,749
8.552,749
The statement of financial a¢¢ivilies includes all gains and losses reeognised in the year.
All income and expenditure derive froin continiiing aciivities.
The note5 On p*at$ 12 10 17 fvmi parl Ihcs¢ fiM)Ith¢iJl $14itmtnts.
Jo-

TSEDOKO LIMrrED
COMPANY LIMITED BY GUAIL4NTEE
STATEMENT OF FINAIYCIAL POSITION
31 MARCH 2024
2024
2023
FIXED ASSETS
Investments
13
8.292,076
8,285,785
CURRENT ASSETS
Debtors
Cash at bank and in hand
14
103,216
252.367
247,417
118,825
366,242
355,583
CREDITORS: amounts falling due
within ome year
NET CURRENT ASSETS
15
94,910
10? 973
260,673
263,269
TOTAL ASSETS LESS CURRENT
LIABJLJTIES
8,552,749
8.552,749
8,549,054
8,549,054
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted funds
8,552.749
8,552,749
8,549,054
8,549,054
Total charity funds
16
These financial statements have been prepared in accordance with the provision5 applicable to
companies subject to the 51nall companies. regirne.
These fin&ncial statements were approved by ihe board of ti'ustee$ 2nd aliihorised for issue on 8
October 2024. and are signed on behalf of the board by-
Mrs R S Glatt
TrLisiee
Tht noi¢s on p*gt% 12 10 17 foi'm p*ri ol'ihe$e fing￿￿1.11 st#lemtthts.
li

TSEDOKO LIMITED
COMPAIYY LIMITED B Y GUARANTEE
NOTES TO THE FINANCIAL STA TEMENTS
YEAR EP4DED 31 MARCH 2024
GENERAL INFORMATION
The charity is a public benefit entity and a private company lirnited by guarantee, registered in
England and Wale5 and a r¢gisterrd charity in Englarid and Wales. The addi'ess of the registered
office is New Burlington House, 1075 Finchley Road, London, NW I I OPU, United Kingdoin.
STATEMENT OF COMPLJANCE
These financial statements have been prepared in compliance with FRS 102. The Financial
Reporting Standard applicable in the UK and tlie Repiiblic of Ireland,, the Stateinent of
Recommended Prnctice applicable to charilies preparing iheii. accounts in accordance with the
Financial Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
ACCOUNTIP4G POLICIES
Basis of preparatio
The financial stal¢rnents have been prepared on the Iiisiorical cost basis, as modified by the
revaluation of certain financial assets and liabiliiies and inve%iTneni propeilies measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which 15 the functional currency of the entity.
Tsedoko Lirnited meets the definition of a public benefit entity Linder FRS 102
Going concern
There are no malerial uncertainties about the charity's ability io continue.
Judgements and key Sources of estimation uncertainty
The preparation of the financial statements requires Tnanagemeni io make judgements. estitnates
and assumptions ihat affeci the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and orheT faclors, including expectations of
future events that are believed to be reasonable under ihe circumstances.
Fund accounting
Unrestricted funds are available for use at The discreiion of the ti'ustees io further any of the
charity's purposes.
Designaled funds are unrestricted funds earmarked by tlie tTL15tees for particiilar fiiture project or
commitment.
Restricled funds are subjected to restricfions on their expendilure declared by ihe donor or
through the tcrms of an appeal, and fall into one of iwo SLib-classes'. resiricted incoine fund5 01.
endowment funds.
Jneoming resources
Recognition of Incoming Re50urees
These are included in the StateTnent of Financial Activities ISOFA) wlien..
The ChaTlty becoines eniitled 10 ihe resoLirces',
The Trustees are virtiially certain tliey will receive tlie resou¥ee5- and
The monetai'y valLie can be inea5ured with sufficient reliabilily.
12

TSEDOKO LIMITED
COMPANY LIMITED B Y GUARANTEE
NOTES TO THE FINANCJAL STATEMENTS (conFinii¢ilJ
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES (C4MiIMu¥{l)
Resources expended
Liability Recognition
Liabilities are recognised a5 soon as ihere is a legal 01 construclive obligation coininitting tlic
Cl)arity to pay out resources.
Governanee Costs
Include costs of the preparation and examination of Statutory ALLuiinlS, tlie cosis of trustee
meetings and cost of any legal advice to irustees on govei'nance or consii1Lltional matte￿.
Taxation
The charily is lTrOt liable to direct taxation {COTporaiion tax) on its income as il falls within the
various exemptions available to registered Cliarities.
Financial Instruments
Financial Instruments are classified and accounted foi.. according to the substance of the
coniractual arrangement, a5 either financial assets, financial liabilities or equiiy insti'uments. An
equity instrumenl is any Contract tliai evidences a residu¢il iJJierest in il)e a5se15 of the ¢oinpany
after deducting all of the liabilities.
Investments
Unlisted equily investments are initially recorded at c(Trsl, and subsequently measured at fail
value. If fair value cannot be reliably measuitd, asseis are measiired al cost less iiT)pairinent.
Listed investment5 ar¢ measured at fair value with changes in fair value being I'ecognised in
income or expenditure.
Jnvestment property
Investment property is initially recorded at cost, which incllides purchase pi'ice and any dirceily
attributable expendituie.
Investment property is revalued to ils fair valLie at each iepoiting dale and any changies in fair
value are recognised in incoine or expenditure.
If a reliable measure of fair valLie is no longer available without iindue cosi or effort for an iiem
of investmeni propeitty, it sliall be t17nsfei-i.ed to tangible assets and treated as SLich iiiiti l it is
expected that fair value will be reliably measurable on an on-going basis.
Impairment of fixed assets
A review for indicators of impairnieni is cai'ried out al each reporting dale: witli tlie recoverable
amount being estimated whei'e SULI) indicatoi's exist. Wliere Il)e cari'ying value exceeds the
Tecoverable amount, the assei is iinpaiiEd accordingly. Prior iinpairinents ai"e also revieived foi.
possible reversal at eacli rcporting date.
13

TSEDOKO LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS fc.,,,,,.
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES fcoollp¥¥d)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the
contractual agreemenL as either financial assets, financial liabilities or equity insli'uinents. An
equity instrument is any contract that evidences residual interest in Ihe asseis of the coinpany
after deducting all of the liabilities.
LIMITED BY GUARANTEE
The charity is a company limited by guarantee and lias no share capital. The liability of each
member in the event of winding up is limiied io £1.
DONATIONS AND LEGACIES
Unrestricted Total Funds Unre51ricted Tolal Funds
Fiinds
2024
Funds
2023
DONATIONS
Donations
43,750
43,750
47,000
47.000
INVESTMENT INCOME
Unresiricted Total Funds Uni'esiriLted Total Funds
Funds
2024
Funds
2023
Rental Income
Insurance receivable
Incoffle from listed investments
Bank interest re￿]Vable
447,763
4,753
2,499
447,763
4,753
2.499
4?8,634
9,235
1,392
366
428,634
9,235
1,392
366
455,015
455.015
439,627
439,627
INVESTMENT MANAGEMENT COSTS
Unrestricted Total Funds Unrestricted Toial Funds
Fiinds
2024
2023
Management fees
Insiirance
Rates & water
Repairs & maintenance
Legal & professional
Bank inierest
Light & heat
11,600
16.31
11.600
16.311
?7,628
10.222
25
57,105
27,628
10222
25
57,105
11.282
882
317
33,333
8,806
33J33
8,806
882
317
1.783
1,783
71,833
71,833
107.461
107,461
14

TSEDOKO LIMITED
COMPANY LIMITED BY GUARAP4TEE
NOTES TO THE FINANCIAL STATEMENTS I
YEAR ENDED 31 MARCH 2024
EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
Unresiricted Total Funds Unrestricted Total Funds
Fund5
2024
Funds
2023
Donations Paid
Support costs
406,510
18.265
4116,510
18,265
424.775
424,775
412,144
All grants were paid to institution5 in sUPPOrt ot'the relief of povei'ty, the advancement of health,
Ihe advaT)ceinent of Jewish religion and tlie advancemeni of Jewish religioiis education.
Included iy) the charitable activities are the following material gi'ants Inade during the year..
2024
395,165
16.979
395,165
16,979
412,144
Bei5 Aharon Trust Ltd
The Rehabilitation Trust
Shir Chesed Bels Yisroel
One Heart - Lev Echad
other amounts less than £25.000
47,000
35,000
29,000
25,000
270.5JO
Total
406,510
EXPENDITURE or4 CHARITABLE ACTIVITIES BY ACTIVITY TYPE
Giant funding
Total funds
of activities Support costs
2024
Total fund
2023
Donations Paid
Governance costs
406.510
406,510
18,26S
424,775
395,165
16,979
412,144
18,265
18,265
406.510
10. NET GAINS ON INVESTMENTS
Unrestricted Total Funds Unreslricted Total Funds
2024
Funds"
2023
Gain￿(lOS$es) on investment property
Gains1(losse5) on listed inveslinents
30Q,000
(330)
299.670
300,000
1330)
299,670
6,291
6.291
6.291
6,291
I I. STAFF COSTS
No salaries or wages have b¢en paid io ti'ustees diii'ing the year.
15

TSEDOKO LIMITED
COMPANY LIMfrED B Y GUARANTEE
]YOTES TO THE FINATrICIAL STATEMEf4TS (tOnÉlttJteilJ
YEAR ENDED 31 MARCH 2024
12. TRUSTEE REMUNERATJON AND EXPENSES
No salaries or wages have been paid to truslees during the year.
The charity did not meet any individual expeJ)ses incui'red by the trustees for services pi'ovided
to the charity.
13. INVESTMENTS
Listed Investment
investments
properties
Total
Cost or valuation
At l April 2023
Additions
Other moveiy)ents
51,035
8,234.750
&285,785
6,291
6,291
At 31 March 2024
57.326
8,234.750
&292,076
Impairment
At l April 2023 and 31 M8reh 2024
Carrying amount
At 31 March 2024
57,326
8,234,750
8,234,750
&292,076
At 31 March 2023
51,035
8.285,785
All investments shown above are held at valuation.
Investment properties
The investm¢nt properties are stated at tn]stees' valuation assisied by RICS qualified
professionals at 31 March 2024. The valiiation És based on ihe IFusiees' Linderstanding of
Property mai'kel conditions and the specific properties concerned, Lising a sales valualion
approach, derived from recent comparable iransactions on the Inai'ket, adjiisted by applying
discounts ro reflect status of occupation and condition. The ti'iistees have extensive experience i
the field of property investment and valuation acciimulated over a considerable pei'iod of liine.
The historic cost of the company's investment propetTy is £5,165,144 {20?3= £5.165.144).
FiDaneial assets held at fair value
The historic cost of the eornpany's listed investlT)ents is £?6,988 {2023= £26.988)-
14. DEBTORS
2024
Trade debtors
Prepayments and accrued in¢om¢
Other debtors
79,744
8,469
15,003
103,216
149,854
8.469
89,094
247,417
16-

TSEDOKO LIMITED
COMPANY LIMITED BY CUARANTEE
NOTES TO THE FINANCIAL STATEMENTS Ic4Miinueil)
YEAR ENDED 31 MARCH 2024
15. CREDITORS: amounts f#lling due within one year
2024
?023
Trade creditors
Accruals and deferred income
Other creditors
61.000
8,400
25,510
94,910
69.063
8.400
25,510
102,973
16. ANALYSIS OF CHAIUTABLE FUNDS
Unrestricted funds
Al
l April 2023
Gains andAt 31 March
losses
2024
IncoJne Expendi(ure
General funds
8.549,054
494,012
{496,608)
6,?91
8,552,749
At
l April 2022
Gains and At 31 March
losses
2023
Income Expenditui'e
General funds
8,291,597
477,392
{519,605)
299,670
8,549,054
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unresiricted Total FuJbd5
Funds
2024
Investmethts
Current assets
Creditors less tlian l year
Net assets
8,292,076
355,583
(94.910)
8,55? 749
8,292,076
355,583
{94,910)
8,552,749
Unresti'icted Total Funds
Funds
2023
Investments
Ciirrent assets
Creditois le55 than l year
Net assets
8,285,785
8 985.785
366,24?
366.242
{102,973) {102,973)
8.549,054
8,549,054
18. RELATED PARTIES
During the year the charity Tcceived a donation of £37,600 from a ii"Iisiee of the cllarity.. on
which gift aid of £9,400 was Glaimed.
17-