Ch#rfty regiotration nvmber 273664 Company rn*¥ts•tlon Nmber 01292729 IEngland and W81¥¥1 DILLHAVEN LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
DILLHAVEN LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Mrs R Elinson Mr S Elinson IAr Z Elin S•cr•tary Mr D EHwtson Charfty nufflb 274 Company fi1b•r 01292729 R•g1ot•r•d ¢)ffic• Gateshèad Tynè aThl NE8 1TX Indop•ndgnt •xamlnor RobsM L8JerAccount8nts Umtsd Fermvood House mond NE2 ITJ Banker• HSBC Baik [ 110 (kn Stréei Nw*castl8 upon Ty Tyno NE1 eAIG
DILLHAVEN LIMITED CONTENTS Pag? Trust, report Statemw)l of truslees. rÈspon6ibkns Irthp8ThJent examonefs r•Frt)rt stat01 offvwal acti1 8alae Sheèt Nrtes to Iho finwwl slatement6 7-12
DILLHAVEN LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Irustees present lhr annual rgport fffjanua statements for thè yw Èryled 31 Marc 2024. financial slatemenis have been prèpared sn accordanc• wtlh the accA)uniing rladS sei out In the finand statemonls. the Chantie5 Act 2011 and "Aecounling and Reportuig by charitS.. Statemenl ol Reended Pradico applKatrAe lo charities preparin9 thew a(YAYmt$ M aC0)rdar thè Finam Reporbng SlaTrJard applutle the UK and Repubk of IFRS 1021 leffedi¥e 1 Januwy 20191". Obl•¢tlvo8 and a¢U¥lti08 Thé main obj8clive ol tho c(ynpavry is the lurtherarKe ol Jvwish rely and education. The conwry is a Wiered charity. Publk bènefft The Irusttres confimi that they have refer to the ldanC o)ntwd in the Charily COmnM$ii'$ goneral guid¢• on public b8nefft thfften few84VIg thè Trust's ¥rKI oiwdNes aTrJ in r4anning hthire activtho$. Voluntfjorn Tha Company i$ r1 deperKlent vohts8ry heer¥. Achlevonwnts and p8rfonnanc• Charbtable ad¥ltl The rteficAt ol income 0r expenditurg for Ihe year was £12.601 (2022. dÈfldt £12.7981 wilh no gns ty l¢)sses on the waluatiw ¢)f fft¥esiment woperty. Tr ch•rty donale¢J £193,640 lo dnI}eS during the y•¥r {2023". £243.7CQI. Thg chariV$ aths ovei the nexl few years are to genere ren15 from the investment portfolio to gve it sufficienl nds to be ab to pay similar kvels of eh8ritatJla gffls to Jthsh re1louS and ÈdueAiional ¢hthts. Financt¥l rov••w Principal fundin9 •ourcos The company's Incc¥m8 0)nsist$ of rents recived from rfs imfesthnI w0[lIeS and chanlable donations from related parties. The irtts Trs then distributed to rI$ J&"Sh tharities organiSan$ In the fcrfm ol donaUon$. Thè trustèÈS Tegularty revtew tho pl0rty market lo fiThl sulae &knmatSve propeth03 to wwest in. There havo begn no addition5 01 dlsposals ol propertios durtng the year. Re8er4es polley Al 31 March 2024, Ihe chity had Ic4al resernps 01 £598.520 I%Y23'. £611.1211. The (arity does not rranty hav• a formal resen$ pdKy bLrt pFans to uso walable fuThts to finance 18 in¥estments in ordw to nerate Incnm• fijturè ye8rs. SITU¢ture, govèrnaneè and Ma9•m•nt The charty is Contrled by its goveming a de¥$ of trust, •¥1 (Trlstitules J Iwnited rA)nwny. hmftefj by guarantee. 85 d•finod by Ihe Conwnies Aet 2Cth. The company is limited by guarth is govemed lyi ts ftmLvandum and aftiLlos of assATh. The rranY is a regist8r8d charity_ Idrs R Ellnst Mr S Ellinson Mr Z Ellinson
DILLHAVEN LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Re¢wllm•nl •ndappolnlm•ntof tm81••8 From bme lo 11me rt is necessary for the charity lo recruit new Iruslaes to reF4aca thos8 th•t have either regned dU[g their term of otfKe. w by w¥y of antitspabn9 planned retiremenls. after Ihe cgnry)ltrtlon of a single term. en a vacancy occurs, the eoafd will delennine the fflix of 5kls experlence needed $0 OS to ensure 8 fvlty lunth"Ming tèam of trustèes and wll seek lo idenlsfy wU$l$ who appew lo have the qualiti and interest what we do. Organlsational structure The trustees meel on a regu1 basia lo gdmini¥tw al maltws In respecl of Ihe charity the payment of donatiMs. SHARE CAPITAL Thè company is limrt•d by gLtarant•o and (k•s nol ha¥8 a sharè cawtal. This roport has t8n preparèd mi wth Ihe spe(aal pro¥isbyw ol P•t 1S of the Companies 20C rling to sm81 panIeS. Th• truslee8' report was approbd by the Board of Trustees. ' Z Ellirmon Trustee
DILLHAVEN LIMITED STATEMENT OF TRUSTEES. RESPONSIBILrriES FOR THE YEAR ENDED 31 MARCH 2024 Thg tt•. arg also Ihe of DlthavÉn Lknhied wrpose of tunY Iw44, are reSponsIb for preparing the Trlees. Report and the ffinanC $tements w) acLJydance with applicable law •KI United Kingdcfft Aclinn9 Standards (Unrted KiTrJdom GenèrallyAeeAptÈdAethunling Practice). Crynpany Law requKes Iho tmstees to prep¥è finanda $ements knr fttwrkial yw gfve # tnD and far view of the slale of allaws ol the charity and ol the incoming resoLwces and aplion of reSOue$, dIng income and expenditure. ol Ihè thariiatrAe corywany ltsr th81 year. In pr8parirvJ th8$8 finC1 staièmènts, thè ao rwed lo: . sèlect Subtable p¢41•$ and Ihen apkty C1)nStenty. . obseNe ihe mèthods and pnn¢iKs In tho Clwille$ SORP: . stat8 whether applcJl• UK Acc(xMiting Standds have hXyed. svbhect lo matwlal departurts disclosed and exaed in the finanoal statemerbts. and - prepa the fnancial statements cn Ihe VWJ tmsis unless it is inappropriate to Pfesume thal tk eharity ¥11 continue in opera.on. The Iw81008 are respon810 for ada•te aLxowilkng r05 Ihat th'sdose wllh reasonalAe 8toJracy al any lime th¢ financial p05it1.on of the chanty and enable Ihem lo eresure thal the financial siatements comply with Ihe Companies Acl 21Kfj. Thoy a also rg$ponthle for safeguarding the assets ol Ihe drity and hence lor takiTrJ royson?8 steps for and detectbon ol fraud other wregdarilies.
DILLHAVEN LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DILLHAVEN LIMITED I report Io ihe Im$te&s on my ol finarKaal slatemwts of Limrted {the charity) for the year ended 31 Marth 2024. Rupon•lbllttiw¥ #nd ba•lg ol report A¥ Ihg IrusieES of the charity Iwd also its diieclor¥ fLY the purposes of wnpany law) you arè rèsponsible for the preparation of th8 fuwioal $tslements in accordance wrth Ihe requirements of ihe Cornp8n¢es Aa 2008 (th¢ 2006Acti. Having satisf myself that the fin1 •Merts ol charity not raquked io bè 3JIt•d undèr Part 18 of the 20tE Act and are ÈSglbJe lor Thjopendent examw)ats"on. I report in re5ped of my examin¥tion of Iht charlty's finandal stalemenls caled c¥rt u1&r section 145 of Ch31ities Act 2011 (thè 2011 Act}. In earw.ng wl my examirtati(m I hav8 foNcN40d al ts applKable trwXbon¥ givon by the Charity Con¥MIssKf¢ und•r section 145151{b} of Ihg 2011 Ad. Ind•pond•nt 0X•nne¥ statement I have completed my examination. l Gwfimi thal no mallèrs have c(xne lo my atgntbm in nnect the ex•rrlnaon 91¥9 mé cause to Ihal in merial respect a¢¢rAJnting fÈCOfds ww• nol kew in resp8d of the charty as reqirnl by section 386 01 thg 2&%Acl'. Ihe finano#l 51alèmÈnls do nol accord wllh those AN0S.. Ihe fin•rtia statèments do not Cnpty wilh the aecounlyig requirwnenl$ of stIon ol the 20l Act othei Ihan any requirernenl ttwl a¢counts gNe a true arMI fa"1 vw which is noi a matter considered as part of an indÈpèent examina¢K.. or the fift01 $iatèmènts have nol beon kywared h acrAYdance wih the methodg and p[8$ of Statement of ReCmmended Pr8de for aCColing and faporbng by chanlies appl"catAè to charities proparing thèif ae£oLmts w accordance wilh the FinanLaal Reportty Standard apph'Gablg in the UK arkl Republic of Irelaj IFRS 1021. I have no a>rKems hove come o(¥oss no oth¥r matters m (#)nne(tsn vAth the examination to whi¢h attèniion shoukj b8 drawn in thi¥ t•pfyX #i order lo understaThling of th finanual Statem18 be reached. P?ter Charfes Bsc FCA RObn Laidkn A0unt6 LirThl•d Fernwood House Fernwwj Road Jesmond Newcastle upon Ty NE2 1TJ thled". 3D]-- 112S
DILLHAVEN LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unr••trl¢ted fvnds 2024 Unf••trlcted lund# 2023 Not•• Iorne Irom: Donations and feg80es Inve51rnenls 182,500 55,852 213,751 59,815 Totsl Income 238.352 273,888 Expendlture on". Raising funds Ch8rilat4e actitIeS 55,830 195,123 41,234 245,130 Totsl expenditrg 250.953 286,384 expenthtiTr and moYwn•rt In funds {12,8011 112,798) ReConcllhaon ol fund>: Fund balm8 811 Awil 2023 811.121 623,919 F¥nd balane•i at 31 M•rch 2024 598.520 611,121 The stalement ol fmanLyal wK*Aes am garn and wxsed in Ihe yw. Al income and oxpen¢&iut8 ¢Jèrive from c4)nbnuing ath"vits"es.
DILLHAVEN LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Flx8d aasets Inveslmenl prope 11 25.l>XJ Current as18 Debtor5 Cash al bk and in Iw 12 51.840 4,133 17,933 2,028 55.973 19.961 Crnthtor¥: afflouw lalllng due wlthin ong year 13 (82,4531 133,840) Net ¢urrnnt liablllti 126.4801 (13.879) Totsl 4$8•ts 198• currpnt 114bllltl•• 598.520 811.121 Th• funds of the ch•rlty Unrestricled fvnds 14 S98.520 fj11,121 598.520 811,121 The company b lIlled 10 Ihe èx@mpn fmm the r¢quThMent Ixntained in seth.on 477 of the C(xnp8es Aci 20(, for the yw gwvJ•d 31 March 2024. The director5 It responwbi1it3 lor eomplying wth the Tequtrements of Ihè Compar485 Ad 2008 wrth r&6POCt to aco)unt¥ig fewds and th• W0para¢K of finanual staiements. The m¢mbers have not re(jmr tho c4)mpany lo obtsi'rt audrt of rts fnanc¥al slalements tor year in question In accordance with section 476. Those financial slatemenls ha be prepared k) wilh Ihg prowslons appkabkn to 1mPanIoS subjecl lo the Small Compan règimÈ. flnanoal 51atements were appro¥ed by tsusi•es on ..... .. Mr Elllnson Tru•ts¢ Company registratSon rwmb8f 01292729 IEWd Waksl
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcle• Charity Informatton Cillhaven Limileil is a ComY Iw¥l•J by guatèe incfjfporat8d in England and Wab$. The r9gtstgf8d officè IS 71 derMe Str•et, G8t9s1wJ. Tyne and Kar. NEB ITX, t.1 Accountlng conventlon The fnal statemenls be prepar¥d in Ordance 7Mth the Companies Act 2(YJ6 'Accwnting and Rep¢xting by Charities.. stater11 r/ Recofflmen(1gd Practs"r applitsble lo charities pi•pating Ihfjir accounts n aCCordae with the Finan¢ial Repottino Standwd applcable in th• UK Republic of keland {FRS 1021 leftective 1 Jartuary 20191". The Larity is a Pub&c Bènefit Enb"ly as defit)8d by FRS 102. The charily has laken advan4e of in the SORP caw89 FRS 102 Vpdale Bulelfj 1 to prepgre a Statement ol Cash Fknv& The finwal stslements are prepared in Ll( st•rhny is the knctts)nal (renty ol th8 thanty. mtY amounts in th088 swèments • rMl•j to wrest £1. The finanaal statemants have bèen rrfèparÈd ¢Jnder tho historical eA)St CA)nvenbon, modtfd to indudtr IrNeslmnt p[rtIeS at fa'r value. The prirKipal 119 p0hc1 a(Wed are sel rA bekn¥. 12 Incom• All income 4¥ rwnrned in the Ststement d Finart781 Adiwls onu tharity has enlhlomonl io Ihg hJn(ts. it Is Jxobablg #Jat the inconw wil bg recelved and Ihè •nount can be measud rellably. For donat)ns to be recogntsed Ihè w51 ha4Tr bn notffied of the anounts and Iho 84tt1gmerrt dale in iling. If Ibeie are conditKJns attathed to dwabw. and Ihis reqUaS a 18vd of perfomiance befor gntitlernenl can be obtained. income is delerred unlil those C4)ndilions are rn8t or the luffdmenl of those eowxlslw)n¥ is within the (x>nlrol of the ¢thathy and it is thai Ihoy wl be fulfilw. 1.3 Expenditure LL4blit5 are re¢oJni5ed as expenthlure as sifv)n as thertr is a legal or rLmstnKtNe obfigation cornmitting th8 chaity to Ihat expenditwe. rt is probable thal a transfer of econom b&nefit$ will be requlred in selll8mgnt and amount of th8 Obl¥JatI¢ can be eaSured relw. ExpeThJrfyre is aCcun1ed lor on an aetnl$ basis and has btèn dassfied Or headings Iha aggrewé all cost relattrd to the (alegory. costs cannot be dkeclly attribuled ¢0 pwb'(xlaT headings they have been al01•Y acbvibes on a basis ¢orffji8terbt wlh Ihe usè of resources. Grart offered sut to CCrfMIrtns ha¥t been nw at the year end d a notsd a cvrnrnilnnt bul not accwu•d as expenditure. 1A I¥1m•t prop•r¥•• Investment prcJpeFty is shown at recent valuation. Any wegat8 SLtrplus dÉ[rt #IFn9 Ir¢¥n cthanoes in fair valuè Is recogrs8(l in tho slalément ol financ1 8CtMUes. The m8thods and sionikant aSswnptnS used to the ta'r alUe of £625.iU aThJ tsir of £thI Inc1e in the wKomele>pendilure ts tr year are as fdlow6'. The itwestm•nt woperty been ytsed at fair bawl tre&s. èstymatss 1.5 ImpaSmMnt of as59ts Assets not meated at fai¥ value are re¥ed for any whthcatton that Ihe as$8t may bo impaired at Éach balance sheet datè. 11 such indulion exists. lh8 rets)verae arno1 of the asset. or th9 assefs c&sh Generaling unrt. Is estimated and c(¥npaieil to the carrying amomt. Wfrere the Carn9 nounl fyx¢oods its fecoverable amounl. an impairment h)ss Is rerA)9nseil in wofft or k>ss 188$ 8Stei 15 carrled al a re¥¥ed amouni where the impairMt k)ss is 8 revahJabM deupase.
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting polkles (Gontinuvd) 1.6 Cash and ¢4sh equlvalents Cash and cash e(wivalents comprws cash in hand and Lthn¢e6 WI ba ahd othar instbtutions, which are readily convertitlo to kncrrtn arrkymts ol cash and which are subje¢l to ingnIficant risk ol change in VAIuè. 1.7 TAxatlon The tharity Is exempt from crat)n rts th•wilatJle 8rthryt. 1.8 Provlslons Prowstons are rg(>)gnised when ihe has an oblwatiw at the sheot dats as a resull of a pJs1 event, it is probable Ihat an 4YJtfiow ol ec(mn6¢ bènèfits b• rwwed in seitlernwrt and the amLiunt can be reliabty esb"mated. 1.9 In¥•8tment Income Investment Income repreaenl¥ rents recesvable in ac¢rythce Wrfh the PfopeFty a8e¥. 1.fo O•btor• and crettitor4 r•eelvablay•ble Tllhin on• ye•r Deblors and creditcys with no ststed interest rate aThJ recei or payabje Wilh one year are recorded al tr8nsaction prir. Any 10$6es frcrfn e rerwsed in Ihe wofrt Iw acco1 In other adminislralive exp5. 1.11 Fund accounting Unrestricted furb9$ ean be used in with tt ctwilat ot4ed1 ai the of the trust8. RestrKled fijrtds can onty be u3e£l IDr partk)Jar re$lted wrposès wrthin Ihè cèjects ol the tharity. Re$trkaion8 arist whèn sicffjod by the (kxbx or ffien I4w8 faised lot partvwLgr restn.ded purposes. Don•llon$ and l•gacl•s iknrn•trkted UrKestricted fvnd$ lunds 2024 2023 Donations aThJ gbts Gift ad 146.OCIJ 171.CQO 42,751 182.51x1 213,751 Inv••kn•rrts Unrnstrlctsd I(0$trtqd funds fund5 2024 2023 Renls recwablé 55.852 59,815
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Ral•lng funds Unr•#trlctyd Unrg¥1ri(led funds funds 2024 2C$23 Insijrance Rates and water Property ropairs L•gal 8r•J proleMion* 18e5 376 1.484 7,514 47,940 8.801 32.299 55,830 41.234 55,830 41,234 EXp•ndIn on clwrftabh actlvltl•• J•wtsh rÈliglOU# r•ligiou¥J aetlvttkn# a¢Uvltl•• 2024 2023 J•h OlrKt co•ts Granl lunding of actTriits"es (see nole 81 103,640 243.7 Shar• of •upport and gov•rnance ¢o•ts IM• not• 71 1.483 1.430 195,123 245.130 Aftaty•i• by Unrestricled funds 195.123 245.130
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Grants payabl• Charftablè Charftable Expendlturè Expendilure 2024 2023 Gran1¥ lo $tItU110ng'. VHLT T&S Trusi Fund Ge3hgad Kehlla KoNel Yryhaya Ather Memorial Fund Yad Leyad The Telz Talmudk8lAcademy ond Ta1 T¢xah Tntst British Friends of Igvd Hakolelim The Gevuralh Ari Torah Acad&my Tnjsl Friends ol Aleres Mo5he Comet Charities Norh London Wemare and Educational FourthtK Other Iless Ihar) £10,WOI 25,000 21,000 38,000 67,000 15,000 20,OIJO 30,¢JOO 30,(1 10,0 10,() 64.yo 20.C(K) 20.( 10.(KKI io.( 25.6 14,700 193.640 243.700 Support costs •lloul¥d to acil¥lU•# 2024 2023 1,483 1.430 AllaIed tOn. Jew&8h religi)us actfvkns 1.483 1.4J) 2024 2023 Goyernanu ¢o•ts comprtgt: Leg81 aThS prolosstr)nal Indepgndent •xamSner lee 262 1,168 1.289 1.483 1.430 ThMt¢e¥' r*mun•ratlon and b•n•fits There were no trusfoes. remunèraltt or othor bonèffts fc¥ Ihe year er¥W 31 PAarch 2Q4 nof for thè yeai ended 31 Marth 2023. 10-
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employ•o6 Th• a¥8rage mcnthty nwnb8r ol 0Mrkny Iho yewwas: 1014 Numbor 2023 Mumb¢r To&1 There wero no ornpknye8s whose annual rÈnwner#kn was Ih8n th),¢MI. 10 Taxalion The tharrfy VJ OMfflFrt trom on 1re$ be(ause •1 ts (In8 is applied fry ¢haritat4e purpo¥eJ. 11 Inv••tyngnt prop•rty 1024 Falr v• Al l April 2023 31 202d 25.OD) If Ihè tn¥estment property had not been reYad li WOLJ be irK4uded kn the •co)u al a hist (xist £241,S3812023. £241,51. 12 1)bt¢>rn 2024 2023 Amounts f•llng du• within y•ar. T&%aiv)n recobrnb PpayMentS and accrued I¢*nO 9,001 8.932 51.840 51.840 17.933 13 Croditorn: amounts falllng due 1¥1th5n on• year 2024 20LI Olher credito Accw818 arnj defeNed wwrne 16.OLK) 86,453 16.000 17,840 82.453 33.B40 11
DILLHAVEN LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Unre•trlctsd lunds Al 1 Aprfl 2023 Incomlng ourc R•sour¢w At 31 Mar¢h ?xpendod 2024 Genvral fisnds 611.121 1250.9531 598,520 Pr•vlou• y4•r: At 1 Awll 202Z IncomiTry ourcg¥ Re$ources At 31 March èxp•nd•d 2023 General fsjnds 23.919 273.588 128e.3641 611.121 15 An4ty$1$ ol nt #1 botwrt fund• Unrègtrkted funds 2024 At 31 March 2024: Inveslrnenl kYgpertw¥ Cwrent a¥3el¥l{liablttw) 625.(M)O 126.4801 598.$20 UnrOirlet•d fi*nd6 2023 At 31 M•rch 2023: Inve¥1rn9nl prcyrt18$ 4wlsl{1obilrties) 625.IX)O 113,879) 811,121 t6 Related party transactio Transaction¥ with rnlatod partl Durin9 ihe Y Ihe chafily entered into fv ILkniNJ 1r8nsaclKW wrth &d parb8S: In¢lude¢J vthhin otl%r creditors is unsecured 104n of £15.SLXI12023.' £15,5Tr)) f¥om R Elinson, a trustoe of Iha charity. 12-