Docusign Envelope ID.. 98BAB88F437D469C-AE6B-32EF377BEC93 COMPANY REGISTRATION NUMBER: 01239183 CHARITY REGISTRA TION NUMBER: 270957 ERINASTAR LIMITED COMPANY I.IMITED BY GUARANTEE UNAUDITED FINANCIAL STATEMENTS 31 MARCH 2025 COHEN ARNOI,D ChSlllered Accountanlb New Bui'lington House 1075 Finchley Road LA)ndon NWII OPU
Docusign Envelope ID.. 988A888F437D469C-AE6U2EF3778EC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS YEAR ENDFD 31 MARCH 2025 PAGES Trustees, annual report (incorporating Ihe director's report) Independent exafftiner's report to the trustees Staicment of financial activities (includiiig income and expenditurc acLounl) Statemeni of financial position Notes to the financial statement8 Ito3 7t014
Docusign Envelop8 ID.. 988AB8BF-4370469C-AE68-32EF377BEC93 ERINASTAR LNITED COMPANY LIMITED BY GUARANTEF TRUSTfES' ANNUAI. REPORT IINCORPORATING THE DIRECTOR'S RFPORT) YEAR ENDF.D 31 MARCH 2025 The truSS, who al'c also the direccurs for ihtt purposes of company law, prcscnt their report and the unaudiled financial statements of the charily for the year cnded I l March 2025. RFFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Charity registration number Company registratfion number 01239183 Prinelpal 0]ce and registered Cdvendish Housc offiLe 369 Bui'nt Oak Broadway Edgware Middlesex HA8 SAW Erinastar Limited 270957 THE TRUSTEES Mr David Rcichmann Mr D Hei'.sh Mi's A M Reichmani) (Resigned 30 July 2025) INDEPENDENT EXAMINER Bany Leigh FCA New Bui'lingtoii House 1075 Finchley Road Lundon NWII OPU STRUCTURE, GOVERNANCE AND MANAC.EMENT The Charity is consiituted as a Company Limited by guarantee, and is thei'efore governed by its memorandum and articles of association. The councAI of management administers che day-to-day affaii's of the chily. None of thc TnleeS have any beneficial inceresl in the Charity. It is noi currently the iniention of the Trustees of the Charity to appoint ncw Trustees. Should the situation change in che fuiure, the Ti'usiees will apply suitable recruitment training and indu¢iion pi'ocedui'es. Thcrc were thi'ee Trustee8 who served during the year. The Tiustees did not receive any remuneration for tl]eii' services nor did they i'eceive any i'eimbui'semenl for out of pocket expenses.
Docu5iJn Envdope10.. 98BAB88F437D469C-AE68-32EF3778EC93 ERINAST AR LIMITED COMPANY LIMITED BY GUARANTFF TRUSTF.ES' ANNUAI, REPORT (INCORPORATING THE DIRECTOR'S RFPORT) YEAR ENDED 31 MARCH 2025 OBJELTIVFS AND ACTIVITIL The Charity is establishcd lo further those puiposes both in the Unitcd Kingdom and abroad recogniscd as charitable by F,i)gli.8h Law and in fui'ihei'ancc ul the aforementioned L)bjecls. The Charity i'eceives incomc mainly from its property invesiments and ch'Itable receipts undcr Gift Aid, which il ulilises in the provision and disti'ihution of grants and donations. The Charity's prin¢ipal activity throughout the year was the pi'ovision and distribuiion of donations and grants to organisations, dnd no change is cnvisaged in Lhc immediate future. The Trustees confirm that thcy have referred to the guidance Contained in the Chdricy Commission's general guidance on public bcnefil when reviewin¥ the Charity's aims and objectives and in planning futui'e activities and setting the gi'ant making policy for the ycar. ACHIEI VEMENTS AND PERFORMANCE During the year ihe Charity conliThued its phil&nthi"opic activities in support of religious, educational and other ch.1[able instLtutions and aggregatc d(Jnalion8 wcrc paid in the sum of £140,720 {2024- £704,700). The beneflts that these charities pi'ovide include.. Financial support to the poor Provision of basic necessities to the poor Relief of sickness and disabilities Jewish educatiuii and support for places of worship for the Jewish community FINANCIAL REVIEW The financial results of the ch.]tY'S accivities for the ye. to 31 March 2025 are lully reflected in the aiiached Finan¢ial Statements together wiih the Note.$ thereon. Reserve policy The Cliarily is required to mainlain reserves in ol'der to en.8uI'e that il is in a po%ition 10 continue its gLaiit making activities and cover conungencies of addilioiial calls being niade upoii the Charity for support of orgaNisations or institutions iii times of need. Con5equently> the Trustees consider it appropriate co maintain unrestricted funds, which include the free reserves of the Charity, at a level which will not impinge on the Charity's abiliiy to support charÉtablc institucions. As al 31 March 2025, the Charily has total fuiids of £3,874,299, all of which are unreslricled. The charity 18 satisfied thal ils ability to coiitiiiue its gi'aiil making charitable activitics into the fului'e is supported by its reserves and nei inveslmei)t incoine I'ealised from ils investments on a regulat. basis. Grant making policy GranL% 'e made to charitable instilutioiis and orgai)isations which accoi'd with the objects of Ihe Charity. The Tru.8tecs are approached for doi)ations by a wide variety of charitable inslilulion8 operaling all over Englaiid {ai)d also llbroad). The trustceg considei. all i'equests which they receive and make donations based on Uie level of funds available to those charities whose goa]s align with the chily'S owii goal8.
[kSIgn EnvelopÈ10'. 98BA588F437D-469C-AE6B-32EF377BEC93 ERINASTAR LtMITED COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW (coiihNii) Investment powers and policy and objeLtives Under thc memorandum and drticles of ass(Jciation, the chai'ity h38 the power lo make any investmcnl, which the Trustees see fit. The Trustees regularly revicw the Charity s poqition and needs in respect of the investment policy. PRINCIPAL IUSKS AND UNCERTAINTIES Risk management The Ti'ustecs have identified and i'evicwed ihe major i'isks to which the Charity is exposed, in particular tt]ose related to the L)perations and financc of the Charity, and are satisfied tha( systems al'e in place to maiiage those risks. PLANS FOR FufuRE PERIODS The Trustees plan to ¢ontinue to make distributions in accordance with their grant tnaking policy and to ensure that an appropriate level of reserves is makntained. SMALL COMPANY PROVISIONS This pOrt has been prepared in accordance with the provisions applicable co companies encitled to thc small companies exemption. Thc trustees, anllual report was approved on 29 January 2026 and signed on behalf of the board of 'uslces by.. Al0cMc814FB... Mr David Reiclunann Trustee
Dowslgn Envelope ID.. 98BAB86F-437tk469C-AE6B-32EF377BEC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ERINASTAR LIMITED YEAR ENDED 31 MARCH 2025 I report to the trustees on my examinaiion of thc financial statements of Erinaslar Limited I'ihe charity,) for the year ended 31 March 2025. RESPONSIBILITIES AND BASIS OF REPORT As the ts'ustees of the company (and also ils dirEclors foi- the putTroses of company law) you are re.%ponsiblc for the preparation of the financial statements in accoi'dance with the requirements of the Companies ALI 2006 ('the 2006 Act,). Having satisfied myself that the a¢counts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for indepciident examination, l i'eporE ill re8pect of my examination of the charity's accounts as carried out under section 145 uf the Chai'itiC5 Act 2011 ('Ihe 2011 Act,). In carrying out my examination I have followed the Dircciions given by Ihe Charity Commission under section 145{5)(bl of the 2011 Act. INDEPFNDENT EXAMINER'S STATEMENT I have completed my exatninaiion. I cOnfM that no matters have come to my attention in conncclion with the examination giving me cause Co believe.. accounting records were not kept in respect of the charity as rcquired by section 386 of the 2006 Act. or the financia5 statements do not accord with thosc records. or the financial statements do not comply with the accounting i'cquii'ements of section 396 of the 2006 Act other than any requirement that thc accounts givc a 'true and fair, view which 18 nol d maller considered as part of an indepcndenl examination. or the financial statcments have noi been prepared in accordance with the methods and principles of the Sialement of Recommended Practice for accountirhg and reporting by ch.&eS applicable to Charities preparing (heir accounts in accordance wi(h the Financial Reporling Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matiers in connection with the examination io which attention should be drawn in this report in order lo enable a proper understanding of (he accounts to be reached. Slyn+dby'. FACO Lcig*'VcA Indepeiident Examsner New Burlington House 1075 Finchley Road London NWII OPU
OocAJsign Envelopè ID.. 98BAB8BF437D-469C-AE6B-32EF377BEC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTFF STATEMF.NT OF FINANCIAL ACTIVITIES (INCJ.UDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2025 2025 Uni'eslriLled lund8 Total funds Tolal funds 2024 Note Income and endowments Donations and Icgacies tnvcslillcnc incoinc 12,2(X) 203,506 215,706 12,200 203,506 215,706 181,512 Total ineome 181,512 Expenditure Expenditure on raising funds.. Investment management costs Expendiiure on charitable activities Total expenditure (69,796) (69,796) (43,417) (146,5351 (146,5351 (710,5161 (216,331) (216,331) (753,933) Net expenditure and net movement in funds 1625) (625) (572,421) Reeonciliation of fllnds T()tal fuiids broughi forward Total funds earned forward 3.874,924 3,1574,924 3,874,299 4,447,345 3,874,299 3,874,924 The statemcn( of financial aLtivities includes all gains and losses rccognised in the year. All incoine and expcnditure dci'ive from continuing aciivities. The iiottt pages 7 to 14 form parl of tlie5e finAncial stalements.
D{sIgn Envelope ID.. S88AB8BF437D-469C-AE6B-32EF3778EC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTEE ST ATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 2024 Note FIXED ASSETS Inve.8tmeiits 15 3,813,000 3,813,0(K) CURRENT ASSETS Debtors Cash at bank and in hand 16 104,747 7,182 111,929 39,672 53,390 93,062 CREDITORS: #mounts falling due within one year NET CURRENT ASSETS 17 (50,630) (31,138) 61,299 61,924 TOTAI. ASSETS LESS CURRENT LIABII,ITIES 3,874,299 3,874,299 3,874,924 3,874,924 NET ASSETS FUNDS OF THE CHARITY Unrcsu'icted fuiids 3,874,299 3,874,299 3,874,924 3,874,924 Total eharity funds 19 Foi. Ihe year ending 31 March 2025 the charity was entitled to cxemplion from audit under section 477 of the Companies Aci 2006 rclating to small companies. Dircclors, responsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The dii'ectors acknowledgc their responsibilities for complying with the requirements of (he Act with respect to accounting records alld the preparation of financial statements. These financial slalements have been pi'epared in aeeordance with the pmvisions applicable lo companies subject to the small companies, regime. Theqe financial statements wei'e approved by the board of Iruslees and auihorised for issue on 29 January 2026, and are signed on behalf of the bO.d by.. Ort*dby.' AE1A20CAAC844FB Mr David Reichmann Trustee Company Registration Number: 01239183 Chality Registration Number: 270957 Th¢ notes on pag¢$ 7 to 14 form part of these fiiiaiicial st4tthiertts.
Oo¢uslgn Envelop8 ID.. 988AB8BF4370-469C-AE6B-32EF377BEC93 ERINAST AR LIMITFD COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS YF.AR FNDFD 31 fvL4RCH 2025 GENTr RAL INFORMATION The charity is a public benefil entity and a pi'ivate company limited by guarantee, registered in Eiigland and Wale.% and a registered Lharity in England and Walcs. The addi'&s8 of thc registered office is Cavendish Housc, 369 Burnt Oak Broadway. Edgwai'e, Middlescx, HA8 SAW. STAIEMENT OF COMPLIANCE Thc5c financial statements have been prepai'ed in compliancc with FRS 102, 'Thc Fii)ancial Reporiing Standard applicable in the UK and the Republic of Ireland,, the Stalcincnl of Recommended Practice applicable to charicies pi'cpai'ing theii. accounts in accordancc with ihe Financial Repoi'iing Standard applicable in the UK and RepubliL of Ireland (FRS 102) (Charities SORP IFRS 102)) and the Companies Aci 2006. ACCOUNTING POLICIES Basis of preparation The fLnancial slatcments have been preped on the hisloi'kcal cost basis, as modified by the revdlualion of certain financial asscts and liabilities and .investmeni properties measui'cd al fair value through income or expendilure. The financial statements are pi'epared in stci'ling (rounded lo the nearest pound), which is the functional currency of the entity. The chariiy meets the definition of a public benefit entity under FRS 102. Going eoneern There 't nu material un¢ertainties about thc ch'ity'S ability lo continue. Judgements and key sources of estlmation uneertainty Judgements made by Ihe dii'eccors in the application of these accounting policies that have .significant effect on the financial slalements and estimate8 With a Significant iisk of matcrial adjustment in the next year are as follows.. (i) Properly valuation The valuation of the charily's investment properiie8 is inhcrently subjective, depciiding oil nnY factors, iiicluding thc Éndividual nature of caLh pt'operty, ils location and expccled future net i-enlal values, market yields and ci)mparable market ti'&nsactions. Therefore the valuations are subject to a degree of uncei'taiiity and 'C made on the basis of assumptions which may not pi'ove to be accurate, particularly iii periods of difficuli market or e¢oiiomic conditions. {iil Trade debtors Managemcnl uses delailb of thc age of ti'adc dehtors and slalus of any disputes together with exteriial evideiicc of the credit sialus of the couiitei'pai'ty iii making judgemeiits coi)¢eriiii)g lY need to impair the C'ry11lg values.
DOSsn Envelope10'. 988A88YF437tk469C-AE6&32EF3TIBEC93 ERINASTAR LIMITED COMPANY LIMITED BY GUAIL4NTEE NOTES TO THE FINANCIAI. STATEMENTS IcoJtlrKwedl YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (¢oitliNiiedl Provisions Pi'ovision.q are recognised when the entity has an obligation at the reporting dale as a result of past event, it is probable that the entity will be reqUId Io Ci'ansfer economic bcncfits in sctiltttnenc and the amounl of Lhc obligation can be eqtimatcd reliably. Provisions are recognised as a liability in the balance sheel and the amouni of the pi'ovi5ion as an cxpcnse. Taxation The chdriiy is noi liablc lo dii'ect laxalion oil its ine(Jme or gains. whether rcali8ed or nol. as it falls within the various exetnption8 available to registei'ed charities. Accoi'dingly, the chai'ily does not recognisc aiiy defen'ed tax liability on propeity revdluacions as li will apply all funds for qualifying charitable purposes and be cligible lo tax cxemptions available to regiSred charitics. Fund accounting Unrestrieied funds are available for use at the dis¢i'etion of the trustees to further any of the charity s puOseS. Incoming rtsources All income is iii¢luded in the statemeni of financial dclivilies wheii entLtlement has passed to the charity, it is probable that the econon]ic benefits associated with the transaction will flow to (hc charity and ihe amount can be reliably measured. In¢ome from donations or grants is i'ccognised when there is evidcnce of entitlcment to the gift, receipt is probable and its amount can be measured i'eliably. Resources expended Expenditure is recognksed on an a¢cruals basis as a liabilily is incurred. Expenditure includes uny V AT which cannot be fully recovcred, and is classified Under headings of Ihe staiemeiit of financial activities to which it relates= expenditurc on raising funds iiicludes the costs of all fundraising aciivities, events, non- charitablc trading activities, and the sale of donaied goods. expenditui'e on charitable dccivitie8 includes all Costs incurred by a chai'ily in undertaking aclivilies that fui'iher its charirable aitns for the bencfii of its beneficiaries, including those suppoi't costs and costs relating to the govei'iiancc of the ch3fkty apporiioned to ehaLilable iivities. other expenditurc iiiclude.% all expenditui'e that is nei(licr i'elated to raising funds for the charity iior part of ils expenditure on cl)ai'iiable activitie%. All costs are allocated lo expenditure categories reflectkiig the use of the rcsource. Dircct Costs attributable to a sii)gle activity are allocated dii'ectly lo that activily. Shat'ed c051s are apportioned between the activiiies Il)ey conth'ibute to oil a i'easonablc? justifiable aiid consistei)I basis.
DOCU Env81ope10'. gBBA686F437D469C-AE6B-32EF377BEC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTFE NOTES TO THE FINANCIAL STATEMENTS Icunli,,,, YEAR ENDED 31 MARCH 2025 Accouf4TING POLICIFS (¢oiihNiiedl Investment property Investmcni propei'lies are initially recorded at cost, which includes purchase price and any dii'cctly atlribuiable cxpenditurc. Subsequent to initial recognition Investmeni properties dre held al fail value. Any gains oi. losses aiising (rom changes in the fair value are recognised in Ihe profil and loss account in the peiiod that they arise-, and No depreciation is provided in respect of investnKnt properties applying (he fair value model. Investment property fair value determincd by the (i'ustees based on their understanding or propetxy M.ket conditions and thc specific properEy concerned, using a sales Vdluation approach, derived from receni Compable Ii'ansactions on thc market, adjusted by applying discounts to rcflecl status of o¢cup&tion and condition. Acquisltlons and dlsposals of properties Acquisitions and disposals of properties are considered to take placc at Ihe legal completion and are included in the fLnancial statemenls accordingly. Grants payable These are only i'ecognised in thc accounts whcii a commitment has bccn made and there are no conditions to be met relating to che grant which itmain in the conts'ol of the charity. Financial iAstruments A financial asset or a financial liability is reeognised only when the entiiy becomes a party to the cuniraclual provissons of the instrument. Basic financial instrumenL8 'e initially recognised at the amount receivable or payable including any relad transaciion costs, unless the arrangement consti(u(es a financing Iransaclion, whei'e it is recognised 4t thc present value of the future payments discounted at a market l'ate of interest foi. a similar debl instrument. Current asgets and current liabilities are subsequently measured al the cash or other consideration eXpecd to bc paid oi. received and not discounted. Debt instlwments arc Subsequently measured at amorlised cost. inancial assets that are measured at cost or amoriised cost are reviewed for objective evidence of impairment at the cnd of each reportii)g date. If Ihei'e is objective evidence of impaii'ment, an impaii-jnenc loss is recognised under the applpriate heading ii) the %latemenE of finaiicial acLivitie5 in which the initial gain was recognised. Any reversals of impairment are recognised immediately, lo the cxlent that the r¢ver8al does noi result in a carrying amount of che fiiiancial asset that exceedq what the carlying amount would have been had the impairmeiil not previously beeii rccognised.
Oocuslgn Envdope ID.. 98BAB8BF-437D469C-AE68-32EF377BEC93 ERINAST AR I.IMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (coiitivuédl YEAR ENDED 31 MARCH 2025 LIMITED BY GtJARANTEE The Charity 1.8 a company limiled by guarantee and has no share capital. The liability of each membei. iii thc event of winding up is limiied lo £1. DONA TIONS AND LEGACILS Unrcsts'icted Total Funds Unreslri¢led Toial Funds Funds 2025 Funds 2024 DONA TIONS Donations rcccivcd 12,200 12,200 INVESTMENT INCOME Unreslricled Total Tr unds Unrestricied Total Funds Funds 2025 Funds 2024 Property revenue Inceresi receivable 199,281 4,225 199,281 4,225 203506 175,238 6,274 175,238 6.274 203,506 81,512 181,512 INVKSTMENT &MANAGEMENT COSTS UnLC5trk¢ied Total Funds Unresiiicted Total Funds Funds 2U25 Funds 2024 Investment pi'operty management costs 69,796 69,796 43,417 43,417 EXPENDITURE ON CHAIUTABLE ACTIVITIES BY FUND TYPE Uniesllictsd Total Funds Unrestricted Total Fuftds Funds 2025 Funds 2024 Grants paid Support costs 140,720 5,815 140,720 5,815 146,535 704,700 5,816 704,700 5,816 146,535 710,516 710,516 EXPENDITURE ON CHAIUTABLE ACTIVITIES BY ACTIVITY TYPE GrAnl fundii)g Total funds of activities Suppoit costs 2025 Total fund 2024 Grants paid Govei'nwice costs 140,720 140,720 5,815 146,535 704,700 5,816 710,516 5,815 140,720 5,815 io-
Docusi9n Envelop8 10.. 98BA88BF437D469G-AE68-32EF3778EC93 ERINASTAR LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STA TEMENTS l¢pNI,' YEAR ENDED 31 MARCH 2025 10. ANALYSIS OF SUPPORT COSTS Support Costs Total 2025 Toial 2024 Goven)ance co81.8 5,815 5,815 5,816 I I. ANAJ.YSIS OF GRANTS 2025 2024 GRANTS TO INSTITUTIONS Suppoi'l of education and rclicf of poverty Total grants 140,720 140,720 704,700 704.700 All grants and donations were paid to chai'itable institutions for the puipo8e8 of either Ihe advancttment of educaiion oi. the alleviation of poverty. Thc composition of donations 15 shown below. Achisomoch Ald Company Limited Other 140,000 720 140,720 12. INDEPENDENT EXAMINA TION FEES 2025 2024 Fees payable to the indcpendent examiner for.. Independeni examirlation of the finai)cial statements 5,700 5,700 13. STAFF COSTS The average head count of employee.%, including trusiees, dui'ing the ycar was 3 (2024: 3). No salaries or wages havc been paid io employees during the year. 14. TRUSTEE REMUNERATION AND EXPENSES No i'emunei'aiion or other benefjls from cmploymenl with the charity or a related enlily were received by the iru8tee8. No tsustee expeiises have been incuri'ed. li
DoGusign Envelope ID.. 98BA88BF-437D-469C-AE6B-32EF377BEC93 ERINASTAR LIMITED COMPANY LIMITED B Y GUARANTEE NOTES TO THF FINANCIAL STATEMENTS (¢tsnisnued) YEAR ENDED 31 MARCH 2025 15. INVESIMENTS Investment properties 4air value At l April 2024 and 31 March 2025 Carrying amount At 31 March 2025 3,813,000 3,813,000 3,813,000 At 31 March 2024 All investsnenls shown above are held at valuation. Investment properties The investsncnt properties are stated at Trustees, valuation as al 31 March 2025. The historical cost of the properties is £4,225,0(K). 16. DEBTORS 2025 2024 Trade debtors Prtpayments and accrued iThcomc Other debtors 9,113 11,409 84,225 104,747 13,488 11,184 15,000 39,672 Ti'ade debtOL'S include an amount of £6,000 due from a person connected to thc trustees who was charged market renc in the ye. in the noi'mal couise of business. The trade debi was settled afier the ye. end. Included in other debiors is d £1S,OtMI ch'tabl¢ loan debtor which is interc5t free and payable on dcmand. Also included in other debioi's is an inier&sl-bearing balaiice of £65,000 duc from a conneetcd compdny, relating Lo funds placed in shorl-ierm interesi-beoring BarLlay8 'easury deposits. Both the principal balance and the accrued interest werc repaid after thc year end. 17. LREDITORS: amounts falling due within one year 2025 2024 Trade creditors Accrnalg aiid deferred income Other ¢rediloTs 7,819 28,909 13,902 50,630 17,784 13,354 31,138 18. DEFERRED INCOME 2025 2024 Amouiii defei'red in year 5,535 6,052 12-
Docuslgn Envelope ID.. 98BA88BF.437D469C-AE6B-32EF377BEC93 ERINASTAR LIMITFD COMPANY LIMITED BY GUARANTEF NOTES TO THE FINANCIAL STATEMENTS I coiiriiiNedl YEAR ENDF.D 31 MARCH 2025 18. DEFERRED INCOMF rftowltiiiiedl DefeiTed incomc aiises from rents received in advallcc{see note 17). 19. ANALYSIS OF CHARITABLE FUND.S Unrostrieted funds At 31 March 20 25 At l April 2024 Incomc Expenditurc General funds 3,874,924 215,706 (216,331) 3,874,299 Al 31 March 202 At l April 2023 Income Expenditurc General funds 4,447,345 181,512 {753,933) 3,874,924 20. ANALYSI.S OF NET ASSETS BETWEEN FUNDS Unresiricted Total Trknnds Funds 2025 Investments Curreiit assets Ci'editors less than l year Net assLIts 3,813,000 111,929 (50,630) 3,874,299 3,813,000 111,929 (50,630) 3,874,299 Umeslrictcd To(al Funds Fund5 2024 Investmcnts Cun'enl assets Creditors le8,s than l year 3,813,000 93,062 (31,138) 3,874,924 3.813,000 93,062 (31,138) 3,874,924 Net assets 21. OPEIi4TING LEASE COMMITMENTS A8 lessor The lotal (uture miiiimum lease payments receivable under iion-cancellable opei'ating leases 'C s follows.. 2025 2024 Noc later than l ye. S0,(H)O 48,000 13.
tkxusign Envel(¥J6 ID.. 988AB8BF437D-469C-AE68-32EF377BEC93 ERINA.STAR LIMITED COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STA TFMFNTS I,..,,,,, YEAR ENDED 31 MARCH 2025 22. RELA TFD PARTY TRANSACTIONS There are no relatcd party transaelions other than those included iii note 16. 14-