REGISTERED CHARITY NUMBER: 275352
THE CHEVRAS EZRAS NITZROCHIM TRUST
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
THE CHEVRAS EZRAS NITZROCHIM TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 9 |
THE CHEVRAS EZRAS NITZROCHIM TRUST
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES Mr H Kahan Mr M S Rottenberg Mr B D Stroh Mr S Gross PRINCIPAL ADDRESS 53 Heathland Road London N16 5PQ REGISTERED CHARITY 275352 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS Santander UK plc BBAM Bridle Road Bootle Merseyside L30 4GB
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THE CHEVRAS EZRAS NITZROCHIM TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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).
REFERENCE AND ADMINISTRATIVE INFORMATION
Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity are the relief of the poor, needy and sick and the advancement of Jewish Religious Education. The charity carries out its objects by grantmaking.
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Funds are raised by direct contact. In addition appeals by letter are made to the Jewish community normally two or three times per annum before Jewish Holidays.
There are constant calls for help all of which are treated discreetly and with sympathy. All cases are carefully considered by the Trustees and help given according to the circumstances and funds available.
The trustees have made many valuable contributions to other charities, individuals and families mainly in Greater London but help is also given further afield.
During the year individuals and families were aided in the sum £141,089 (2023 - £177,965 ) being made to needy and sick, unemployed, widows and incapacitated persons. Grants were also allocated in the form of food, medical supplies and clothing. Donations to charities amounted to £45,386 (2023 - £60,077)
The trustees wish to pay tribute to those who have assisted voluntarily in running the operation and the expertise and hard work, which has been put into this. A special thanks to all the people who have donated, large and small in this noble work.
The trustees hope to continue this crucial work in the future, the charity having acquired a reputation in the community of which they are justly proud.
FINANCIAL REVIEW
Reserves policy
The charity does not have a specific reserve policy. Donations are made according to the availability of funds. The reserves at the year end were £30,157 (2023 - £26,407).
Other matter
The charity is part of a class inquiry by the Charity Commission.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charity is constituted under Deed of Trust dated 3rd January 1978.
Recruitment and appointment of new trustees
The power to appoint new trustees is vested in the board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.
Risk management
The trustees have reviewed the major risks to which the charity is exposed and confirm that they have established systems to mitigate them.
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THE CHEVRAS EZRAS NITZROCHIM TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 17 March 2026 and signed on its behalf by:
Mr H Kahan - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CHEVRAS EZRAS NITZROCHIM TRUST
Independent examiner's report to the trustees of The Chevras Ezras Nitzrochim Trust
I report to the charity trustees on my examination of the accounts of The Chevras Ezras Nitzrochim Trust (the Trust) for the year ended 31 December 2024.
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 - matters of concern identified
I have completed my examination.
The charity is part of a class inquiry by the Charity Commission.
I confirm that no other matters have come to my attention that give me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
E Meyer FCA BSc
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
17 March 2026
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THE CHEVRAS EZRAS NITZROCHIM TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 196,173 EXPENDITURE ON Raising funds 2 1,814 Charitable activities 3 Grantmaking 186,475 Support 4,134 Total 192,423 NET INCOME/(EXPENDITURE) 3,750 RECONCILIATION OF FUNDS Total funds brought forward 26,407 TOTAL FUNDS CARRIED FORWARD 30,157 |
2023 Total funds £ 242,796 3,592 238,042 1,879 243,513 (717) 27,124 26,407 |
|---|---|
The notes form part of these financial statements
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THE CHEVRAS EZRAS NITZROCHIM TRUST
BALANCE SHEET 31 DECEMBER 2024
| Notes CURRENT ASSETS Debtors 7 Cash at bank CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds TOTAL FUNDS |
2024 Total funds £ 3,000 30,937 33,937 (3,780) 30,157 30,157 30,157 30,157 30,157 |
2023 Total funds £ 3,000 24,907 27,907 (1,500) 26,407 26,407 26,407 26,407 26,407 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 17 March 2026 and were signed on its behalf by:
Mr H Kahan - Trustee
The notes form part of these financial statements
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THE CHEVRAS EZRAS NITZROCHIM TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
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
Donations are recognised in the Statement of Financial Activities of the charity when received.
Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
Grants are only recognised in the Statement of Financial Activities when paid.
Support costs are those incurred to assist the work of the charity but are not direct charitable activities.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Taxation
The charity is exempt from tax on its charitable activities.
Going concern
There are no material uncertainties about the charity's ability to continue.
Financial instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the amount expected to be received or paid and not discounted.
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THE CHEVRAS EZRAS NITZROCHIM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
2. RAISING FUNDS
Raising donations and legacies
| Postage stationery and advertising Travelling Advertising CHARITABLE ACTIVITIES COSTS Grant funding of activities (see note 4) £ Grantmaking 186,475 Support - 186,475 GRANTS PAYABLE Grantmaking The total grants paid to institutions during the year was as follows: Relief of poverty Advancement of education Advancement of religion Social welfare The total grants paid to individuals during the year was as follows: Relief of poverty |
2024 £ 574 740 500 1,814 Support costs (see note 5) £ - 4,134 4,134 2024 £ 186,475 2024 £ 27,821 7,331 5,734 4,500 45,386 2024 £ 141,089 |
2023 £ 1,487 570 1,535 3,592 Totals £ 186,475 4,134 |
2023 £ 1,487 570 1,535 3,592 Totals £ 186,475 4,134 |
2023 £ 1,487 570 1,535 |
|---|---|---|---|---|
| 3,592 | ||||
| 190,609 | ||||
| 2023 £ 238,042 |
||||
| 2023 £ 33,221 8,973 10,363 7,520 60,077 2023 £ 177,965 |
2023 £ 33,221 8,973 10,363 7,520 |
|||
| 60,077 |
3. CHARITABLE ACTIVITIES COSTS
4. GRANTS PAYABLE
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THE CHEVRAS EZRAS NITZROCHIM TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
5. SUPPORT COSTS
| SUPPORT COSTS | ||
|---|---|---|
| Governance | ||
| costs | ||
| £ | ||
| Support | 4,134 | |
| Support costs, included in the above, are as follows: | ||
| Governance costs | ||
| 2024 | 2023 | |
| Total | ||
| Support | activities | |
| £ | £ | |
| Independent examiner's fee | 600 | 510 |
| Independent examiner's other fees | 3,180 | 990 |
| General expenses | 354 | 379 |
| 4,134 | 1,879 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors |
2024 £ 3,000 2024 £ 3,780 |
2023 £ 3,000 |
|---|---|---|
| 2023 £ 1,500 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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