**REGISTERED CHARITY NUMBER: 275240**
## **REPORT OF THE TRUSTEES AND**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
## **FOR**
## **THE SCHREIB TRUST**
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
**THE SCHREIB TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Statement of Financial Position**||5||
|**Notes to the Financial Statements**|6|to|9|
**THE SCHREIB TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025**
The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Schreib Trust is constituted by Trust Deed, and its objects are to provide general charitable donations and in particular for the relief of poverty and the advancement of religion and religious education.
The policy of the Schreib Trust continues to be to derive its income from companies associated with the trustees and to make donations in accordance with the Trust's objects.
## **Public benefit**
The Trustees have taken due heed of their obligations relating to Public Benefit Duty affecting charities, as well as to their obligations under the Equalities Act 2010. The Trustees are satisfied that they meet their obligations.
## **Grantmaking**
Grants are made at the discretion of the trustees and in accordance with the principal objectives of the trust.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The trust continued to receive Gift Aid donations from various companies associated with the trustees.
The trust continued to support institutions throughout the world in pursuance of its objects.
## **Reserves policy**
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity. This provides sufficient funds to cover the support costs and to respond to emergency applications for grants which arise from time to time.
## **FUTURE PLANS**
There are no current plans to change the activities or modus operandi in the foreseeable future.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will select suitable recruitment and training procedures.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
275240
## **Principal address**
147 Stamford Hill London N16 5LG
Page 1
**THE SCHREIB TRUST**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025**
## **Trustees**
J Schreiber Mrs I Schreiber A Green Mrs R Niederman
Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to fill the vacancies arising through resignation or death of an existing trustee.
## **Independent Examiner**
Malcolm Venitt Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
## **Solicitors**
Bude Nathan Iwanier 1-2 Temple Fortune Parade Bridge Lane London NW11 0QN
Approved by order of the board of trustees on 19 March 2026 and signed on its behalf by:
Mrs R Niederman - Trustee
Page 2
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SCHREIB TRUST**
## **Independent examiner's report to the trustees of The Schreib Trust**
I report to the charity trustees on my examination of the accounts of The Schreib Trust (the Trust) for the year ended 30 June 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Malcolm Venitt The Institute of Chartered Accountants in England and Wales
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
19 March 2026
Page 3
## **THE SCHREIB TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025**
|30.6.25
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
176,926
Investment income
2
50,000
**Total**
226,926
**EXPENDITURE ON**
Raising funds
3
56,983
**Charitable activities**
GENERAL
7,288
Charitable
204,202
**Total**
268,473
**NET INCOME/(EXPENDITURE)**
(41,547)
**RECONCILIATION OF FUNDS**
Total funds brought forward
123,631
**TOTAL FUNDS CARRIED FORWARD**
82,084|30.6.24
Total
funds
£
154,333
70,000
224,333
40,000
4,986
351,257
396,243
(171,910)
295,541
123,631|
|---|---|
The notes form part of these financial statements
Page 4
## **THE SCHREIB TRUST**
## **STATEMENT OF FINANCIAL POSITION 30 JUNE 2025**
|30.6.25
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Debtors
6
92,109
Cash at bank
4,255
96,364
**CREDITORS**
Amounts falling due within one year
7
(14,280)
**NET CURRENT ASSETS**
82,084
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
82,084
**NET ASSETS**
82,084
**FUNDS**
8
Unrestricted funds
82,084
**TOTAL FUNDS**
82,084|30.6.24
Total
funds
£
112,109
13,925
126,034
(2,403)
123,631
123,631
123,631
123,631
123,631|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 19 March 2026 and were signed on its behalf by:
A Green - Trustee
J Schreiber - Trustee
The notes form part of these financial statements
Page 5
**THE SCHREIB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **2. INVESTMENT INCOME**
|**2.**|**INVESTMENT INCOME**|||
|---|---|---|---|
|||30.6.25|30.6.24|
|||£|£|
||Rents received|50,000|70,000|
|**3.**|**RAISING FUNDS**|||
||**Investment management costs**|||
|||30.6.25|30.6.24|
|||£|£|
||Rent paid|56,983|40,000|
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Page 6
continued...
## **THE SCHREIB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025**
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
GENERAL
Charitable
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**6.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors|Unrestricted
fund
£
154,333
70,000
224,333
40,000
4,986
351,257
396,243
(171,910)
295,541
123,631
30.6.25
30.6.24
£
£
50,000
70,000
42,109
42,109
92,109
112,109|
|---|---|
continued...
Page 7
**THE SCHREIB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025**
## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Other creditors
**MOVEMENT IN FUNDS**
At 1.7.24
£
**Unrestricted funds**
General fund
123,631
**TOTAL FUNDS**
123,631
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
226,926
**TOTAL FUNDS**
226,926
**Comparatives for movement in funds**
At 1.7.23
£
**Unrestricted funds**
General fund
295,541
**TOTAL FUNDS**
295,541
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
224,333
**TOTAL FUNDS**
224,333|30.6.25
30.6.24
£
£
11,295
(955)
2,985
3,358
14,280
2,403
Net
movement
At
in funds
30.6.25
£
£
(41,547)
82,084
(41,547)
82,084
Resources
Movement
expended
in funds
£
£
(268,473)
(41,547)
(268,473)
(41,547)
Net
movement
At
in funds
30.6.24
£
£
(171,910)
123,631
(171,910)
123,631
Resources
Movement
expended
in funds
£
£
(396,243)
(171,910)
(396,243)
(171,910)|
|---|---|
## **8. MOVEMENT IN FUNDS**
continued...
Page 8
**THE SCHREIB TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025**
## **8. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.7.23
£
295,541
295,541|Net
movement
in funds
£
(213,457)
(213,457)|At
30.6.25
£
82,084|
|---|---|---|---|
||||82,084|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
451,259
451,259|Resources
Movement
expended
in funds
£
£
(664,716)
(213,457)
(664,716)
(213,457)|Resources
Movement
expended
in funds
£
£
(664,716)
(213,457)
(664,716)
(213,457)|
|---|---|---|---|
||||(213,457)|
## **9. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 June 2025.
Page 9