COMPANY NO: 00803733
FRIENDS OF BIALA LIMITED
(A company limited by guarantee)
Trustees, report and financial statements
for the period ended 31 March 2026
ROSENTHAL & CO.
Chartered Accountants
74 Whitehall Road
Gateshead
Tyne & Wear NE8 4ET

FRIENDS OF BIALA LIMITED
Company Limited by Guarantee
TRUSTEES, ANNUAL REPORT
Year Ended 31 March 2026
LEGAL AND ADMINISTRATIVE DETAILS
Name
FRIENDS OF BIALA LIMITED
Charity registration number
271377
Company registration number
00803733
Registered address
74 WHITEHALL ROAD
GATESHEAD
TYNE & WEAR
NE8 4ET
Charity Trustees
Y.M. Halberstadt
M.T. Glausiusz
M. De Jong
Independent examiner
M Rosenthal
Rosenthal & Co
Chartered Accountants
74 Whitehall Road
Gateshead
Tyne & Wear
NE8 4ET
Bankers
HSBC

FRIENDS OF BIALA LIMITED
Company Limited by Guarantee
TRUSTEES, ANNUAL REPORT
Year Ended 31 March 2026
The Trustees, who are also the directors for the purposes of company law, present their
Annual Report together with the unaudited financial statements of the Charity for the
period ended 31 March 2026.
REFERENCE AND ADMINISTRATIVE DETAILS
Reference and administrative details are shown in the schedule of members of the board
and professional advisers on page 1 of the financial statements.
Trustees
The Trustees who served the charity during the period were as follows:
Y.M. Halberstadt
M.T. Glausiusz
M. De Jong
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
Friends of Biala Limited is a Company limited by guarantee; its governing documents are
its Memorandum and Articles of Association. It was incorporated on 4th May 1964 as a
company and the company number is 803733. The Memorandum and Articles of
Association were amended on 8th January 1971. Friends of Biala Limited was registered
as a charity on 3rd June 1976 with charity number 271377.
The Charity is run by the Directors of the Company, who are also Trustees for the purpose
of charity law. The Trustees have all served throughout the period and all act in an
honorary capacity. None of the Trustees have any beneficial interest in the Charity.
New Trustees are appointed based on personal competence, availability, specialist skills,
knowledge of, and contact with institutions professing and teaching the principles of
traditional Judaism and the advancement of religion in accordance with the Jewish faith.
New Trustees are inducted into the workings of the Charity by the existing Trustees and
are given access to the Charity Commission publications.

FRIENDS OF BIALA LIMITED
Company Limited by Guarantee
TRUSTEES, ANNUAL REPORT (Continued)
Year Ended 31 March 2026
Objectives and activities
The principle objectives of the charity are:_
a) to foster, assist and promote the charitable activities of The Biala Institutions both in the UK
and abroad which profess and teach the principles of traditional Judaism and further
Jewish Education
b) to advance religion in accordance with the Orthodox Jewish Faith
c) to give aid to and support needy persons in general.
The charity receives income mainly from property rental income. The charity's principal
activity throughout the year was the provision and distribution of various grants as well as
providing Synagogue premises, and no change is envisaged in the immediate future.
The Charity is organised so that the trustees meet regularly to manage its affairs. The
Charity does not employ any staff or use voluntary assistance. Administration of the
charity is dealt with by the trustees and its accountants.
Public Benefit Policy
We have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing our aims and objectives and in planning our
future activities.
Grant Making Policy
Grants are made to charitable institutions and organisations that accord with the objects of
the Charity.
Investment Policy
The Trust Deed authorises the Trustees to make and hold investments using the general
fund of the Charity.

FRIENDS OF BIALA LIMITED
Company Limited by Guarantee
TRUSTEES, ANNUAL REPORT (Continued)
Year Ended 31 March 2026
Risk Management
The Trustees have assessed the major risks to which the Charity is exposed, in particular
those related to the operations and finance of the Charity, and are satisfied that systems
are in place to mitigate its exposure to those risks.
Strategic report
The following sections for achievements and performance and financial review form the
strategic report of the Charity.
Achievements and performance
During the year there were no donations made to charitable institutions (2024: £0).
Financial review
As at 31 March 2026 the charity held reserves of £1,666,469 (2025: £1,627,993).
Reserves Policy
The Unrestricted Fund represents the unrestricted funds arising from past operating
results.
The trustees are satisfied that the balance of the Fund is at an acceptable level of
reserves. The Trustees have retained a large reserve as they wish to continue supporting
the building and supporting further Biala Synagogues in the UK and Israel.
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees are responsible for preparing the Trustees, Annual Report and Financial
Statements in accordance with applicable law and United Kingdom Accounting Standards
(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 for that period.

FRIENDS OF BIALA LIMITED
Company Limited by Guarantee
TRUSTEES, ANNUAL REPORT (Continued)
Year Ended 31 March 2026
TRUSTEES. RESPONSIBILITIES STATEMENT (Continued)
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 accounting 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 Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are
sufficient to show and explain the Charity's transactions and disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure
that the Financial Statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and 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 provisions applicable to companies
entitled to the small companies exemption.
The Trustees,
Trustee
nnual Report was approved on 16 May 2026 and signed on behalf of the
Y.M. Halber
Trustee
tadt

FRIENDS OF BIALA LIMITED
Independent examiner's report to the directors and trustees of FRIENDS OF BIALA LIMITED
We report on the accounts of the company for the period ended 31 March 2026, which are set out
on pages 4 to 7.
Respective responsibilities of the trustees and examiner
As the Charity's Directors and Trustees you are responsible for the preparation of the Accounts
and you consider that the audit requirement of section 43(2) of the Charities Act 1993 ("the Act 2)
does not apply. It is our responsibility to state, on the basis of procedures specified in the General
Directions given by the Charity Commissioners under section 43(7) of the Act, whether particular
matters have come to our attention.
Basis of independent examiner's report
Our examination was carried out in accordance with the General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the Charity
and a comparison of the Accounts presented with those records. It also includes consideration of
any unusual items or disclosures in the Accounts, and seeking explanations from you as Trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently we do not express an audit opinion on the view
given by the Accounts.
Independent examiner's statement
In connection with my examination no matter has come to my attention:
1) which gives me reasonable cause to believe that in any material respect the requirements to
keep accounting records in accordance with section 41 of the Act, and to prepare financial
statements which accord with the accounting records and comply with the requirements of the Act
and the Regulations have not been met,
or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
ROSENTHAL & CO.
Chartered Accountants
74 Whitehall Road
Gateshead
Tyne & Wear NE8 4ET
16 May 2026

FRIENDS OF BIALA LIMITED
Statement of financial activities
(including income and expenditure account)
For the period ended 31 March 2026
2026
2025
Notes
Profit on Sale of Investment
66083
Investment Income
Property income
Donations received
53105
50342
347
Total incoming resources
119188
50689
Less: Investment management costs
Property expenses
Finance Costs
(3159)
(75727)
(22519)
86108
108627
Net incoming resources available
For charitable application
40302
57938
Charitable activities
Grants payable
Governance costs
1826
2221
Total governancelcharitable expenditure
1826
2221
Total resources expended
80712
110848
Net movement in funds
38476
(60159)
Total funds brought forward
1627993
1688152
Total funds carried forward
1666469
1627993

FRIENDS OF BIALA LIMITED
Balance sheet
As at 31 March 2026
2026
2025
Notes
Fixed Assets
Investments
2391365
2466365
Current assets
Debtors
Cash at bank
182
74822
182
101706
75004
101888
Creditors: Amounts falling
due within one year
(1800
73204
2160
99728
Total assets less current liabilities
2464569
2566093
Creditors: Amounts falling due
After more than one year
(798100)
938100
Net Assets
1666469
1627993
Funds
Unrestricted funds
1666469
1627993
The financial statements are prepared in accordance with the special provisions of Part 15 of the
Companies Act 2006 relating to small companies and in accordance with the Financial Reporting
Standard for Smaller Entities (effective January 2008).
For the year ended 31 March 2026 the company was entitled to exemption under section 477(2) of
the Companies Act 2006.
No members have required the company to obtain an audit of its accounts for the year in question
in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for:
Ensuring the company keeps accounting records which comply the section 386" and
Preparing accounts 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 financial year in
accordance with section 393, and which otherwise comply with the requirements of the
Companies Act relating to accounts, so far as applicable to the company.
The financ"
behal
tements were approved by the trustees on 16 May 2026 and signed on their
.M.HALB
Director
RSTAD

FRIENDS OF BIALA LIMITED
Notes to the financial statements
for the period ended 31 March 2026
1. Accounting policies
1.1 Accounting convention
The financial statements are prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective January
2008) and the Statement of Recommended Practice
Charities - (SORP 2005) issued in March 2005.
Accounting and Reporting by
1.2 Incoming resources
Voluntary income is received by way of donations and is included in full in the Statement of
Financial Activities when receivable.
Income from investments is included in the period in which it is receivable.
1.3 Resources expended
Resources expended are recognised in the year in which they are incurred.
Governance costs are those incurred in connection with administration of the charity and
compliance with constitutional and statutory requirements.
1.4 Investments
Fixed asset investments are stated at net cost or valuation less provision for diminution in
value.
2. Governance costs
2026
2025
Accountancy
Interest and charges
1800
26
2160
61
1826
2221
3. Trustees, emoluments
No trustee received remuneration or reimbursement of expenses.

FRIENDS OF BIALA LIMITED
Notes to the financial statements
for the period ended 31 March 2026
4. Fixed asset investments
Other unlisted investments
Total
As at 1 April 2025
Sale of investment
2466365
75000
2466365
75000
As at 31 March 2026
2391365
2391365
5. Debtors
2026
2025
Other debtors
182
182
6. Creditors: amounts falling due
within one year
2026
2025
Accruals
1800
2160
7. Creditors: Amounts falling due
After one year
2026
2025
Bank loan
Other loans
528707
269393
668706
269394
798100
938100