Charlty reglslrntion number 273993 IEnglalld and Wales)
GEORGE ELIAS CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

GEORGE ELIAS CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustè88
E C Elia$
S E Eli35
Charlty reglstratlon
England 8nd Wales
273993
Prlnclpal address
2nd Floor
1 Ashley Road
Allrin¢ham
WA14 20T
Independent examiner
Loplan Gross Bamétt & Co
1st Floor, Cloister House
Riverside
New 8ailgy Street
Manohe8ter
M3 5FS

GEORGE ELIAS CHARITABLE TRUST
CONTENTS
Page
TTuslees' report
Independenl examiner's rèport
Slalemenl of financial activllles
Balance sheet
Slaternenl of Cash flows
Notés to the financial statements
7-13

GEORGE ELIAS CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5APRIL 2025
The Iruslees present thelr annual report a4)d flnanc(al stat8ments for the year endeil 5 April 202S.
The fin8ncial slalement5 have been prepared In acwrdance with the a¢¢ounling policles sel out in note 1 to thè
financial stat6ments and comply with the charity's Trusl Deed. the Chaitlios Act 2011 8nd "Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable lo ch8rilies preparing their accounts in
a￿ordanCe with the Financial Reportlng Standard applicable ir) the UK and Républic of Ireland IFRS 1021" las
atnended for 8ccount¢ng periods comrnen¢ing from 1 Januaty 20191.
Objectlvos and actlvltlo$
The main objective of the charity is to make donations to charities supporting educational needs and fight against
povety as well a5 0ig&nisalions promoting the Jewish faith Fn the United Kingdom or in any part of IhÈ wortd.
The50 objectives arè achieved by heightening the public awaieness and by the p8ymÈnl of grants to charitable
organisalions.
The truste68 have paid due regard lo guidance IssuÈd by th8 Charity Commlssion in decidlng what activities the
charity should undertake.
All of the actlvltie¥ that are undertaken by the charlly ar¢ foi the advancement of the objecllves that are outlined
fully above.
With th6 èxception of Ihe lime glven by the Iru$l8es, the charity dld not ￿qUIre the use of volunteers during tha
year.
Achlevements and perfomiane•
The charity Continued to support educational needs and fight agalnst poverty as well as lo promote the Jewish
faith in thÈ United Kingdom and tho world.
Flrtancial revlew
Funding forlhe Itusl was received principalty from individu81s and enlilies relatèd lo Irusteeg.
The charity's Incomlng ￿SOurCeS, tolalllng £728,675, comprlses of £727.938 contributions from companlés and
ndividuals in the Llnited Kingdom, the rem8lndeT deitved from invoslmenl and other Income.
The charity's expended resourcÉ8, lolalling £1.024.719 included £1,020,034 of donations lo charilies in the
United Klngdtsm and the wotld.
All charllable donations were made to illslilution8 111 the year. The following material donation8 wer8 m8d8 by the
charily with the rem8ind8r of the charitabl8 donations available on request from the chaTity's head office., Céntrul
de Edu¢8lie Ebralca Tradilionala din RM AO £200k. 8rltlsh Emunah Fund £80k, Kings David Schools
Imancheslerl £66.5k, Amud Hatzdokoh Trust É56k, Federation of Jèwish Services £55k. Tho Shaarei Torah Trust
£45k and Ahavas Shalom Trust £39.6k.
Total funds carri¢d forward are £738,909 in an unrestricted fund lo preserve the ¢Dnlinuity of operatlons in the
event of adverse elrcvmstances.
The trustees continually assess the major strategic and operational risk$ which the charity face8 and have
confirmed that systems have been established lo enable iegular Teports to be mad8 SO th31 ne￿$sary slops can
be taken lo lessèn these risks. The main risk of the Irusl is constdered lo be a potgnll81 lack of fundlng IwhiGh is
nlikejyl as genwally Ihg18vel of donations made are agreed lo the amount of nel income received.
It is the policy of the charity that donation commllm8nls should On￿ be made wh8n funds are avai15ble or likely lo
become available in the near futurè. The ¢harily maintsins a reasonable18vel of reserves lor if al any lime in the
future a donation ttpportunty may arls¢.
The trustees have assessed the major risks to which the charity Is gxposed, and are satiSf￿d that systems are In
place lo mitigate exposure lo the major risks.

GEORGE ELIAS CHARITABLE TRUST
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Structiirei govemanGe ¥r*d mthnagcmcnt
The charity was established on 30 May 1977 and regislerod as a charity on 1 August 1977.
Thg trustk•$ who served during the yéar and lip to the d8tp nf xionAttirA nf thg financial statements were..
E C Ellas
S E Ellas
The trust deed provides for an unliwiled number of Iruslees. The Iiustees may elect new members to the board
nd renew tnembershlp on an annual basls. None of the Iruslees has any beneficial inler85t in the Trust.
Disclosure of Informatlon to audltor
Eash of the truBtee6 hats confimod that thgre ik no Information of which théy are awarp. whir.h 1% rAIAvAnt t(J the
audit, but of which the auditor Is unaware. They have further confirmed that they have taken appropriate stsps lo
iL¢eiiLily t*uLlI i¥l¥vdiil iiiforiiialioii aiid to ¢skblish that the auditor i¥ aware of such informotion.
The Trustees. report was approved by the Board of Trustees.
S E Elias
Trustee
Dated..

GEORGE ELIAS CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GEORGE ELIAS CHARITABLE TRUST
I report to th¢ Iius1888 on my exarnlnation of the financlal stslements of George Ellas Charitable Trust Ilhe charity)
for the year ended 5 April 2025.
R88ponslbllltles and ba$is of report
As the tw$le¢s of Ihe Charity you are iosponsible for the pwp8ration of the financial slalgments in accordance with
the ￿quirements of th8 Charities Act 2011.
I report in respect of my examinallon of th& charity's financlal stalemenl3 carried out undèr Section 145 of Ihe
Charities Act 2011. In carrying out my examinalion I have followed the Dlreclion8 given by the Charity Commission
undèr geclion 145151{bl of the Charities Act 2011.
Indepondgnl ¢xamine¢s statèmènt
sin￿ the charity's gross Incom8 exceeded £250,000, the independent examiner must be a memb&r of a body listed
In Section 145 of the Charities Attt 2011. 1 confimi that l am qualified to undert8kè Ih8 examination becaus$ l am 8
member of ICAEW. whlch Ss one of the listed bodles.
Your altgnllon Is drawn to the fact thal the charity has pr6P8rÈd the financial statements in accordan￿ with tho
relevant version of the Statement of Rècommended Practice appll¢able to charities preparing their financial
slalements In accordancg with the Financial Reporting Standard applicable in the UK and Rèpublic of Irepand IFRS
1021 in preference to thè Accounting and Reporiing by Charities.. Slalement of Rocommended Practica Issued on 1
April 2005 which is referred to In the exlant regulations bul has now been wllhdrawn. l understand that this has
been doné in Order lor the financial stalements to provide a true and fair view in accordan￿ with UK Generally
Accepted A¢¢ounling Practice.
I have completed my ex8minalion. I conflmi Ihal no matters have como lo my atlentson In connection with the
examination glving mo cause lo believe that In any maleTkil respect..
accountino iecoids were not kopt In rASipgr.t of the eh¥rlty as requirBd by sèction 130 01 th• Charili•s Act 2011.
the fin8nclal 81atem&nts do not accord with those records., or
the ffinancial statements do not compw with the applicable requlremenls conceming the fom and conlenl ol
fin8ncial statements sat tsul in the Charities (Accounts and Reports) R8gulalions 2008 other than any
requirement that the financial sl8lemenls give a Irue and fair view. which is not a matter ¢onsidered as part tsf
an Indepèndent examinatlon.
I have no con￿[￿$ and have come across no other matters In conn8¢tion with the examlnètion to which allenllon
should be drawn In thls rèport in order to enable a proper understandlng of the financial slalements lo bè reached.
Nathaniel Davldson BA IHonsl ACA
Lopian Gross Barnètt & Co
1st Floor. Cloistèr House
R￿er81de
New Balley Street
Manchester
M3 5FS
Dale.. 5 February. 2026

GEORGE ELIAS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
Unreslrlcted
fLbnds
2026
Unwstrlcted
runds
2024
Notes
Income and endowments from:
Donations and legacies
Investmènts
Other income
727,938
319
418
988,326
Total Income
728,675
988,789
ExpBndlture on..
Charitable activities
Amounts wriltgn off Investments
1,024,717
990,125
Total exp9nditur•
1.024.719
990,125
Net expendlture and movèmènt In funds
1296,0441
11,3361
Rg¢onclllatlon of funds:
Fund balan¢8s at 6 April 2024
1,034,953
1,Q36,289
Fund baEances at 6 April 2025
738.90e
1,084,053
The stslemenl of finan￿31 sctlvitles includes all galns and losses recognised in thè year. All income and expendiiure
derive Irom continuing activities.

GEORGE ELIAS CHARITABLE TRUST
BALANCE SHEET
AS AT 5APRIL 2025
2025
2024
Notes
Fixed as$o18
TAnoihlp. a.8set8
Investments
13
14
10,846
10
18,840
12
19.856
19,858
Current assets
Debtors
Cash 81 bank and in hand
15
654,418
67,959
631,063
447,358
722.377
1,078.419
Credltors.. amounts falllng due wlthln
one year
16
13,3241
163,3241
Net curr&nt assets
719.053
1.01s,095
Total assets less current liabSlltlas
7.28 oog
1,034,953
The funds of the charlty
Unrestricted funds
17
738.909
1.034,953
738,909
1,034,953
The financkgl slalements W8r8 approved by the Iruslees (
E Elias
Trustee

GEORGE ELIAS CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2025
2025
2024
Notes
Cash flows from operatlng actlvltles
Cash (absorbed byllgeneraled from
opérations
19
(379,716)
18,944
Investlng activitiès
Invesltnent Inc4)me
319
463
N8t cash generated from Investlny acttvltle8
319
4e3
Ngt cash generatèd from financlng actlvlti¢$
Nèt Idecreaselllncrease In cash and cash
•qulvalents
1379,3971
19,407
Cash and cash equivalents 8t beginning of year
447,356
427,94Q
Cash and cash equlvol*nts at end of yèar
67,959
447,356

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Aecountlng poll¢ie$
Charity informatlon
George Ellas Charilable Trust 18 a registered charity in England and Wdles. The ch8riV8 head office Is 1
Ashley Road, Allrineham. WA14 2DT.
1.1 Basis of preparation
The linanEial slalernents havé been prepa￿d in accordance wlh the thartty's Trust deed, the Charities Act
2011 and Accounting and Reporting by Chaiilles.. Statemènt of Recommended Practice applicable to
chartlies preparlng their accoullls In accordan￿ with the Financial RepDrtlng Standard applicable in the UK
and Republic of Ireland IFRS 1021. las amended for accounting periods commèncing 1￿M l January 20191.
The charity is a Public Bengfil Enlity as delined by FRS 102.
The financial statements havé d8parted from the Charftle5 (Accounts and Rèports) Regulations 2008 only to
the extent required lo provldé a true and fair view. Thls departure has involved following the Statement of
Rewmmended Praclice for ¢harilies applying FRS 102 rather than the version of tho Slalement of
Recommended Pr8CtiTr whlch is referred lo In the Regulalions bul which has since been wthdrawn.
The financial slaternenls are prepared in sterling, whlch is the lunclional currency of Ihe charity- Monetary
amounts in these financlBI slalements ar6 rounded to the nearest £.
The financlal slalemenls hav6 been prepareil under the hlstorical cost conv&nlon, modified to indude certai
financial instrum6nts al fair value. The principal accounting poll¢les 8dopted are sel out below.
1.2 Golng concem
At the time of approwlng the flnancial slalemonts, the trustees have a reasDn8ble expectalion Ihal the charity
has tdequat¢ resources to GoiiIIiiu¥ IiTr LFpeiatloTral 8x1sfen￿ for me fOTeseeatsie tuture. Thus the trusté88
continua to adopt the going concern basis of accounting in preparing the financial slalemèllls.
1.3 Charllable funds
Unrestricted funds are avallablts for use al the discretion of the trustees ID furtherance of thew charitable
objectives.
1.4 Income
Income is recognised whèn the charity is legalty entlll8d lo Il after any performan￿ conditions have been MÉI,
the amounts can be meastsred reliab￿. 8TTrd il Is probablé that income wll be received.
1.5 Exp?ndilure
Unre8lrict6d fvnds are avallable for use al Ihg discretion of the trustees in furtherance of their charitable
objeGlives unless thé funds have been designated for other purpos08.
Cost of geneTaling funds comprise the costs 8S8ociated wllh attracting voluntsry income.
Ch8ri18ble expendilure comprises those cosls Incurred by the charty in the delivery of ils aclivitiég and
servlcès for its beneficigries. 11 includes both costs that csn be rslrectly allfibuled to particular headings Ihay
have been allO￿ted to actNilies on a basls cons¢stent wlth the use of resources.
1.6 Tanglble fixed assets
Tangible fixed ass6ls are initially rnoasured at cost and 8ubsequen15y measured al cosl or valuation, nel of
dépreciation and any impairrnent IDsses.

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Accounllng pollclas
Icontlnuedl
Depreciation is recognised so as lo wrlle off the cost or valuation of assets less their residual values over their
useful 5ives on the followlng bases..
Religiou5 Scroll
No depreciallon deemed necessary
The gain or loss arising on the dlsposal ol an asset Is determined as the differenc@ between Ihe sale proceeds
and Ihts ¢arrying value of thè asset, and Is rewgnised In the 5131emont of financial aclivitles.
1.7 Flxed asset Investments
Fixed assel investments are initially measured al Iransaelion price exduding transaction costs. and are
subsequentW measkEred at fair value at each reportin9 dale. Changes in falr value ar8 recognised in nét
incomellexpendilurtl for the year. Transaction costs aro oxpensed as incurrèd.
1.8 Imp8lrmont of fixed assets
At each reporting end dalg, the charity reviews the carrying awounts of ils tangible assets lo detèrmine
whether Iheie is any indicatlon that those assets have suffered an impairment loss. If any su¢h Indication
exi818, the iecoverable amount of the asset 15 estlmated in ordgr lo determine thè &xtent of the impalrmenl
105s Ilf any).
1.9 Cash and cash equSval8nts
Cash and cash 6quivalenls includè cash in hand. deposits held at e811 wilh banks, other short-term liquid
investments with orlginal malurlties of three months or less, and bank overdrafts. Bank ov&rdrafts are shown
within borrowngs In current Ilabilitles.
1.10 Flnanclal Instrum•nts
The charlly has electéd to apply tho provlslons of Seclion 11 'Basic Financial Instruments, and Section 12
'oth8r FlnBncial In8lwmen15 Issues, of FRS 102 to all of its finandal Instruments.
Flnancial inslrurnents are recogn15ed in the charily's balance sheet when the charity be￿Ne$ parly lo th8
contractual Provisions of the inslwment.
Financial 8$5ets and liabilit16s a￿ offset, with thè net amounts presented in thè fin8naal statements, when
there is a legally enforceable rlght to set off the recognised amounts and the￿ Is an intenllon lo $9tt18 on a net
basis orlo rtsalise Ihe asset and settle the liabllily slmultaneously.
Basic financlal assets
Basic financial assets, whl¢h include debtors and cash and bank balancés, are initially me8sured at
Iiansaclion price including Iiansaction costs and are subsequently carried al amortlsed cost using the èffedive
intèrest method unless the arrangement constitutes a flnancing transadion. where the transaction 18
eaSu￿d at the present value of the future receipts discounted al a mark8t rale of ir¢ier8sl. Flnancydl assèts
dasslfied as re¢eivable wilhln one yèar are not amortised.
Basic Ilnaneial Ilabililies
Basic financial liabililles, including creditors and bank loans are initially Tecognlsed al Ir3ns8cllon price unless
Ihe arrangemont constitule5 a financing transaction, where the debt Instrument 18 measured al the présent
value ol the future payrnents discounted at a rnarket rate of intèrest. Financial liabililles classified 8$ payable
within one year are not amortised.
Debt Instrumen18 are 5ubsequenlty carried al amorti3ed cost, uslng the effeCt￿e interest rale mèlhod.
Trade creditors 8re obligations lo pay for good$ or seNlces Ihal have been acquirod in the ordinary course of
operations from supplieis. Amounts payablg are dassified as current liabilities if payment is due wthin one
year or less. If nol, th6y are p￿sen1¢d as non-curienl liabilities. Trade crèdllors are recognised initialty at
transaction price and subsequently measured at amort15ed cost using thè 6ffective inlorest method.

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 5 APRIL 2025
A¢¢¢untlng pollcies
(Continuodl
Derecognition of financlal liahililies
FirTranGial liabilities ar8 derecognised when the charity's conlraclual oblluglions expire or are discharged or
cancelled.
Crltical aceountlng estlmates and judgèmènts
In the applicallon of the charity's accounting pollcies. the trustees are required to make judgements, eslim3les
and assumptions about the carrying arnounl of a55els and liabilities Ihal are not readi￿ apparent from other
SOL4rces. The estimates and assoctaled a88umptions ale based on historical experience and other factors that
arè considered to be relevant. AcluRI results may differ from Ihese eslimatgs.
The esllmales and underlylng assumptions are reviewed on an ongoing b8Si8. Revisions to aeeounling
eslimales are roGognised in the period in whlch the estimate Is iovised where the revision affeds only that
period, or in the period of the revision and future pgriods where the ievision affects bolh current and future
periods.
Donatron$ and legacle$
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Donaiions and gths
727,938
988,326
All donatsons in the year were received from parties related to a trustee and unconditional.
Investments
Unré8lrlcted Unra$trl¢ted
funds
funds
2025
2024
Chief rents
319
463
Other Ineome
Unr•strict8d Unrestrlctg11
funds
funrts
2025
2024
Inleregl on GiftAid repayment
418

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Expendlture on charltable actlvltle8
Charitable
Charltable
Expendlture Expanditure
2025
2024
Dlrect costs
Chief rents payable
Insurance
66
1,080
119
1,107
1,146
1.226
Grant lunding of activilies {8e¢ note 71
1.020,034
981,686
Sharè of support and governance costs18ee b)Ota Bl
Governance
3,537
7,213
1,024.717
990,125
Analy818 by fund
Unreslri¢ted funds
1,024,717
9aO.125
Grants payable
Charitabl¢
Charllablg
Exp8nLllture exptndilure
2025
2024
Grants to inslitullons..
Total granta
1.020,034
g81,686
Support costs allocated to actlvltles
2025
2024
Govemance costs
3,537
7,213
Analysod belwo¥n'.
Charitable Expendilure
3,537
7.213
2026
2024
Governan¢• Costs comprlBe:
Bank charges
Independent ex8mlnèrs fees
237
3,300
113
7,100
3,537
7.213
10

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Net movament in funds
2025
2024
The net movemeEtI in funds Is staled 8fter chargingllcredilingl..
Fé8s payable for the Independent examination of the charlty's financial
statéments
3.300
7,100
10 Trustee8
None of the Iruslees lor any persons conneoled with them) received any remuneration or benefits from the
charity during the year.
No expenses weie paidlreimbtsrsèd lo the Trustees by the Charity In the year.
11
Employees
The average month5y nurnber of employ8es during Ihe yearwas..
202S
Number
2024
Number
Total
No employees received any b8nefil8 of more Iban £60,000 in the ye8r12024.' £nill.
Th818 were no employees whose annual remuneration was more than £60,000.
12 Taxatlon
The trust is a charity whlch under the definltion of FA 2010. is exempl fiom laxalton on 116 Income and galng.
No lax charges have arisen In the charity.
13 Tanglble flxed a$g&t¥
Rellglous $Groll
Cost
Al 6 April 2024
19.846
At 5 AprS12025
19.846
Carrylng amount
Al 5 April 2025
19,846
At 5 Aprll 2024
19.846

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
14 Flxod asset Investments
LSsted
Unll$tgd
Invèstments investments
Total
Cost or valuallon
Al 6 April 2024
Investments written off
10
12
(21
{21
At S April 2025
10
10
Carrylng amount
Al 05 Aprfl 2025
10
Al J5 April 2024
10
15 Debtors
2025
2024
Amounts falllng due wlthln one year-
Other debtors
654.418
831,063
Induded wthin other dgblors 15 a loan of £4,00012024: £4,000) to Machno13rael Loan Fund.
Also Indud6d withln other debtor5 is a loan of £600.00012024.. £600.0001 to WlbTahxm Road Imancheslerl
TtU51 Llmiled of which S E Elias is a Iruslee.
16 Credltors: amounts falling duè wlthln one year
2025
2024
Other creditor8
AcuLfj8ls and deferred income
60.000
3,324
3,324
3.324
83,324
Included Wlhin other creditors 15 8 loan of £nil 12024.. £60,000) from David Elkqs, wtKJ Is related lo the
Irustees.
The loan from Dawd glias was unconditional and was interest free and due wlthin one year.
12

GEORGE ELIAS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
17 Unrestrl¢tgd funds
These are unrèstricted funds which are material to the charity's activities mad6 as follows..
At 6 April
2024
Incomlng
resources
Rosources
expended
At S April
2025
General funds
1,034,953
728,675
11,024,719)
738,￿9
Prevlous year:
At 6 Aprll
2023
IncomFng
resourcès
Re80urces
expended
At S Aprfl
2024
General funds
1,036.289
988,789
1990,1251
1,034.953
q8 Relatsd party tran$actlons
Theie were no further disclogable related party Iransactsorss durlng the y8ar12024 none), other than those
already disclo58d in the accounts.
19 Cash lab$orb*d byllgeneraled from operatlons
2025
2024
D&fiGit forthe year
(29fj,044}
11,J3bl
Adjustments for:
Investment Income recognised in st8tèmenl of financial activities
Amuunls wiillen off investmÈnls
13191
14631
Movemènts in worklng capital=
(Inc￿aSe11de0rease in debtors
(Decrease) In eredilors
123,355)
160,0001
22,937
12,1941
Cash labsorb¢d byllgenerated from operatlons
1379,7161
18,944
20 Analysls of changes In net funds
The charity h8d no malerl81 debt during the year.
13-