ENTINDALE LIMITED LIMITED BY GUARAP4TEE Company No: 1392462 Charity No.: 277052 CONSOLIDATED FINANCIAL STATEMENTS for the ye8r ellded 30 June 2025 COHEN ARNOIJ) CHARTERED ACCOUNTANTS REGISTERED AUDITORS LONIX)N NWI I OPU
ENTINDALE LIMITED LIMITED BY GUARANTEE FOR THE YEAR ENDED 30 JUNE 2025 INDEX TO THE FtNANCIAL STATEMENTS Pag¢ Referenc¢ and Administrative Information Trnstees, Report 6-10 Auditors, Report li Consolidated Stat¢m¢nt of Financial Activities 12-13 Consolidated Balan¢¢ Sheet 12- 13 Company Balance She¢t 14 Consolidated Statement of Cash Flows 15-29 Notes to the Fitwicial Statements
ENTINDALE LIMJTED IMITED BY GUARANTEE REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 JUNE 2025 Name: EntindaJ¢ Limited Status: Incorp)rated.. 4 October 1978 CompaThy Number.. 1392462 Registered Charity Number: 277052 Principal Office: 64 Ballards Lane London N3 2BU Registered Address: 64 Ballards tAne London N3 2BU Charity Trustees: Mr J Pearlman Mr A C Becker Mrs B L Peters Mr D Toledano Secretary: Mrs B L Peters Audilors: Cohen Arnold New Burlington House 1075 Finchley Road London NWI I OPU
EIVTINDALE LIMITED tlldlTED BY GuARAfEE REPORT OF THE TRT_I,STE.F.S CORPORA TING THE, DIRECTORS, REPORT FOR THE YEAR EI¥DED 30 JUNE 2025 The Trnstee5, who ar¢ alsothe director5 forthe purposes of Company Law. pr¢senttheir Report together with the consolidated Financial Statements of the Charity and its Subsidiary for the year ending 30 June 2025. Th¢ Financial Statements comply with the Chariti¢s Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to ¢harities preparing th¢ir accounts in accordan¢e with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS102) (effective l January 2015). REFERENCE AND ADMINISTRATIVE INFORMATION Reference and Administrative Inforniation ofthe charity is shown on Page l ofthe Financial Stat¢m¢nts and fornis part of this report. ORGANISATION STRucfuRE, GOVERNANCE AND MANAGEMENT The charity is constituted as a company limited by guarantee and a r¢gistered charity governed by its Memorandum and Articles of Association. The day-to-day affairs of the company are administered by the trustees whose chairnlan is Mr A C Becker. It is not currently the intention of the trustees of the Charity to appoint new trustees. Should the situation change ID the future, th¢ trustees will apply suitsble recruitment training and induction procedures. Group Structure andRelthionships The charity has a wholly owned subsidiary, Rodsham Properties Limit a property investment company which gifts its profits to the charity. Riskmanagement 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 ils exposure to those risks. OBJECTIVES AND ACTIVITIES Th¢ object of the charity is to advance religion in accordance with the orthodox Jewish faith. To achieve its objective the chaTity m8kes grants to charitsble instithtions with similar obj¢ctives. The trust¢¢s confm that they have referred to the guidance contsined in the Charity Commission's general guidance on public benefit when reviewing the ¢harity's aim and obje¢tives and in plalming future tiVI11¢s.
ENTINDALE IJMITED LIMITED BY CUARANTEL REPORT OF THE TRUSTEES 1Tr4CORPORATIP4G THE DIRECTORS, RF.PORT FOR THE YKAR ENDED 30 JUNE 2025 ACHIEVEMENTS AND PERFORMANCE During th¢ year the charity distributed £957,704 (2024: £1,825,181) in furtherance of its objectives and the trustees plan to continue making similar charitable distsibutions in the forthcoming years. Financial Posilion The financial results ofthe charty and its Subsidiary Undertaking for the year ended 30 June 2025 are lty reflected in the atthed Financial Statements together with the Notes thereon. Reserves Pollcy Ii is the policy of the charity to maintain unrestricted funds which are the free reserves of the charity, at level which provides suffici¢nt resources to cover management and administration and direct charitable expenditure. As at 30 June 2025, the charity had £17,024,470 of nStrICd funds. Inveslmenlpolicy andobjecgives Under the Memorandum and Articles of Association, the charity has the power to mak¢ any investment which the trustees see fit. Th¢ charity's investment policy is to m&ximise the incom¢ and gains so that its charitable objectiveg be maintained and expanded. PLANS FOR VUTURE PERIODS The charity plans to continue the aotiviti¢s outlined above in the forthcoming years subject to suffjcient income. FIXED ASSETS Th¢ movement5 Fixed Assets ar¢ fiilly reflected in Note 14 to the Financial Statements. INVESTMEiYrs Th¢ charity's investment in its subsidiary undertaking are included in the Financial Statements at valuation. based on the market value of its underlying assets less liabilitie5. The valuation of properties and oth¢r assets in the Subsidiary has been made by the hvst¢¢s of this charity. TRUSTEES, RESPONSIBILITIES STATEMENr The trustees (who are a150 the directors for the purposes of Company IAW) are responsible forpreparing the Trustees. Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Stsndards Wnited Kingdom Generally A¢¢epted Accounting Practice).
EwrtNDALE LIMTTED LIMrrED BY GUAIUNTEE REPORT OF THE TRUSTF,F.S INCORPORATING THE DtRF.CTORS' REPOR FOR THE YEAR ENDED 30 JUNE 2025 TRUSTEES? RESPONSIBLLITIIS STATEMENT (Conlinued) Company Iiw requires the trustees to prepare Financial Statements for each fllTratL¢ial year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources. including the in¢om¢ and expenditure of the group for that period. In preparing these Financial Statements, the Trustees 8re required to: select suitable accountiDg policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgejnents and Accounting estimates that ar¢ reasonable and prudenL and prepare the Financial Statements on the going concern basis unless it is inappropriate to presutlle that the charity will ¢ontinue in operation. The trusl¢es are responsible for keeping &dequate accounting records that are sufficient to show and explain the charity's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the charity and th¢ group ld enable them to ensure that the Financial Ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the gTOUP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. AUDITOR Cohen Arnold are dKmed to be re-appoint¢d under Section 487(2) of the Companies Act 2006. Each of the persons who ts a trustee at the date of approval of this report confirnis that: so far as each trustee is aware, there is no relevant audit inforniation, being information needed by the auditor in Connection with pr¢paring their repor¢ of which the group's auditor is unaware. each tntee, has taken all steps that they ought to have taken as & trustee to make thems¢lv¢s aware of any relevant audit infomialion and to establish that th¢ group's auditor is aware of that inforniatioll.
ENTINDALE LIMITED LINIITED BY GUARANTEE REPORT OF THE TRUSTEES INCORPORAT1Tr4G THE DJRF.CTORS' REPORT FOR THE YEARENDED 30 JUNE 2025 SMALL COMPANY PROVISIONS This report has been prepared in accord8n¢¢ with the provisions appli¢abl¢ to Companies entitled to the small cornpani¢s eXeptiO By Order of the Tru5te¢$ Mr A C Becker 19 March 2026
ENTINDAiE LIMfTED COMPANY LIMITED BY GUA114NTE INDEPENDEPU AUDrtOR'S REPORT TO THE MEMBER OF Ef+TfiNDALE LIMrrED YEAR EIWED 30 JUNE 2025 Opinion We have audited the financial statements of Entindale Limited (the 'charity? for the year ended 30 June 2025 which comprise the Consolidated Slatement of Financial Activities, the Consolidated and Parent Charity Balance Sheets, the Group Cash Flow Statements and the related nofr4 including a summary of significant accounting policies. The financial reporting framework that has been applied in theirpreparation is appliGable law and United Kingdom Accounting Standards, including FRS 102 The Financial Rewrting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the fanCIal stat¢ments: give a trne and fair view of the state of the group's and the charity's affairs as at 30 June 2025 and of the group's incorning resources and application of resources. including its income and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. have been prepar¢d in accordance with the requirements of the Companies Act 2006 and Clwities Act 2011. Basis for Opinion We conducted OUT audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of th¢ financial statements section of our report. We are independent of tILe group in accordance with the ethical requirements that are rel¢vant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilAties in accordance with these requiiernents. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the tnWees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perforn]ed, we have not identified any material uncertainties relating to events or conditions thaL individually or collectively, Tnay cast significant doubt on the group or the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the truste¢s with respect to going concern are described in the relevant sections of this report.
EWfINDALE LIMITED COMPANY LIMrrED BY GUARANTEE INDEPENDENf AUDITOR'S REPORT TO THE MEMBER OF ENTINDALE LIMITED CONTINUED YEAR ENDED 30 JUNE 2025 Other inforniation The other infomiation comprises th¢ inforntion included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other infornvdtion. Our opinion on the financial statements does not cover the other inforniation an except to the extent otherwise explicitly stated in our reporL we do not express any forni of assurance conclusion thereon. In connection WAth our audit of the financial statements, OUT responsibility is to read the other infOrntion and, in doing so, consider whether the other infornlation is materially inconsistent with the fllwi¢ial statements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identify such material inconsistencies or apparent material rnisstatements, we are required to deterniine whether there is a material misstatement in the financial statements or a material misstatement of tbe other infomiation. If. based on the work w¢ have perfornie¢ we conclude that there is a material misstatemenl of tbis other infomiation, we ar¢ required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our Opinio based on the work undertaken in the course of the audif: the infornthtion given in the trustees, report for the financial year for which the fman¢ial statements are prepared is consistent with the financial statements. and the trustees, report has been prepared in accordance with applicable legal requirements. Matt¢r$ on which Ive are required to report by exception In the light of the knowledge and understanding ofth¢ group andthe charity and its environment obtained in the COUTse ofthe audit, we have not identified material misstatements in the trustees, report. We hav¢ nothing to report in respect of the following matters in r¢lation to which the Companies Act 2006 requires to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for OUT audit have not been received from branches not visited by us. or the flliancial statements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the infonnation and explanations we require for our audit. or
ENTINDALE LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF ENTINDALE LIMITED CONTINUED YEAR ENDED 30 JUNE 2025 the tnteeS were not entitled to Prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the di[OrS, report and from the requirement to prepaTe a strategic report. Responsibilities of trustees As explain¢d more fully in the trustees, responsibilities siatement. the trustees (who are also the directors for the pUoseS of company law) are responsible for the prepardtion of tbe fmancial statements and for being satisfied that they give a true and fair view, and for such internal ¢ontroE as the trust¢¢s detern)ine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, th¢ trustees are responsible for assessing the charity's and group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the fing4ncial statements Our objectives are to obtain reasonable assurance about whether the financial staten]ents as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are Considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our PTocedures are capable of detecting irregularities, including fraud is detailed below: We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity through discussion with the tnlstees and identified which were most signiflcant with respect to the financial statements. We identified financial Teporting legislation (including related companies legislation) and anti-bribery legislation as b¢ing most significant to these financial statements, We communicated these identified frameworks amongst our audit team and remained alert to any indications of non- cOpIlanCe throughout th¢ audit. We ensured that the engagement team had sufficient comp¢tence and capability to identify or recognise non-compliance with laws and Tegulations.
ENTINDALE LIMITED COMPANY LIMtTED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF ENTINDALE LIMITED CONTIIVUED YEAR ENDED 30 JUNE 2025 We discussed with the trustees the policies and procedures regarding compliance with these legal and regulalory fraMeworks. We assessed the susceptibility of the group's financial statements to material misstatement due to non-compliance with legal and regulatory frameworks, including how fraud might occur, by enquiry with the trnstees during the planning and finalisation phases of our audit. The susceptibility to such materia] misstatement was detemiined to be low. Based on this understanding we designed our audit procedures to identify non-compliance with the identified legal and regulatory frameworks, which were part of our procedures on the related financial statement items. Our procedures included reviewing the group's internal controls policies and procedures, correspondence with regulatory bodies including Charity CoTnrnission and HMRC, testxng tra1ctIonS outside the norn]al course of the business and journal entries, and discussions with the trustees. Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some material misstatements inthe financial statements, even though we have properly planned and perfoTmed our audit in accordance witb auditing standards. For example, the furth¢r removed non-compliance with laws and regulations (itTegularities) is from the events and transactions reflected in the financial slatements. the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there ren)ained a higher risk of non-detection of irregularities, as these may involve collusion, forgery. intentional omissions. misrepresentations, or the OVfflTide of internal controls. We aTe not responsible for preventing non-compliance at cannot be expected to detect non- compliance with all law5 and regulations. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial ststements, whether due to fraud or error, design and perfonn audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for on¢ resulting from error, as fraud may involve collusion. forgery, illtentionai omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appTopriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
ENTJNDALE LIMITED COMPANY LIMITED BY GUARANTEE INDEPENDENT AUDITOR'S REPORT TO THE MEMBER OF ENTINDALE LIMITED CONfiNuED YEAR ENDED 30 JUNE 2025 Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the ttees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, b&sed on the audit evidence obtained, whether a material uncertainty exists Telated to events or conditions that may cast significant doubt on the charity's or group's ability to continu¢ as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or. if Such disclosures are inadequate, to modify ow opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may Cause the charity or group to cease to continue as a going con¢¢rn. Evaluate the overall presentation, structure and content of the financial statements, including the disclosur¢s, and whetber the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. Obtsin sufficient appropriate audit evidence regarding the flliancial inforniation of the entities or business activities WAthin the group to express an opinion on the consolidated financial statements. We ar¢ responsible for the diTection, supervision and performance of the group audit. We remain solely responsible for our audit opinion. We communicate with tILose charged with governance regarding. among other matters, the planned scope and timing of the audit and significant audit findings. including any 5ignifL¢ant deficiencies in internal Control that we identify during our audit. U$e of our report Thts report is made solely to the charity's member, as a dy, in accordance with Chapter 3 of Part Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's member those matters we are required to state to them in an auditovs report and for no other purpose. To the fullest extent pern]itted by law, we do not a¢¢¢pt or &ssume responsibility to anyone other than the charity and the charity's member as a body, for OUT audit work, for this report, or for the opinions w¢ have fonned. JOSHUA NEuMA FCA (Senior Statutory Auditor) For and on behalf of COHEN ARNOLD Chartered Accountants & Statutory Auditor New Burlington House 1075 Firnchley Road IA)ndon NWII OPU 19 March 2026 Cohen Arnoldis eligible Io t7ct as anAudilor in lerms ofseclion 1212 of tlie CompaniesAct 2006. io
ENTINDALE LIMITED AND SUBSIDIARY UNDERTAKING CONSOLIDATED STATEMF.NT OF FINANCIAL ACTivrrIES INCORPORATIP4G THE INCOME & EXPETrIDJTURE ACCOUNT FOR THE YEAR ENDED 3n JUNE 2025 2025 Total 2024 Total Nole8 INCOME AND ENDOWMENTS Donations and Legacies Investm¢nt tncome 160250 1,803,931 391.000 1,556,219 TOTAL L¥COME 1964,181 1.947,219 Expenditure on Raising Funds.. Invesknent Managcm¢nt Costs ExpenditutE on Charitsble Activities {473035} (460236) {982225) (1.846243> (IA56,060) (2.306.479) Net valuation gain on inv¢stm¢nt property Net gainl(loss) on disposal of investment assets 424,053 (9,716) NET INCOME BEFORE TAXATION Taxation 932,174 (368,976) 62,000 IYET INCO AM) MOTrTTrtENT OF FUNDS 932,174 (306.976) RECONCILL4TION OF FUNDS Unr¢stricted funds Brought Forward 16m2296 16J99,272 TOTAL FUNDS CARRIED FORWARD 17,024A70 16.092,296 The Statement of financial activities includes all g8ins and losses in the year. All of the above amounts relate to Continuing activities. The notes on pages 15 to 29 fonn part of these Financial Ststements.
ENTIP4DALE LIMITED AND SUBSIDIARY UNDERTAKING CONSOLIDATED BALANCE SHEET AND CHARITY BALANCE SHEET AS AT 30 JUNE 2025 Group Charity 2025 2024 2025 2024 Notes FIXED ASSETS Inv¢sttnent properties Inveslment in subsidiary 14 14 13,464258 14.831,013 13,464258 14.831,013 248566 248,673 13A64258 14.831,013 13.712024 15,079,686 CURRENT ASSErs Debtors Investment5 Cash at Bank and in hand 15 15 2S2,995 12,500 3,669024 189,637 35,000 1.362.140 252.995 12500 3,666,685 189.637 35,000 lJ59,394 3,934J19 1,586.777 3932,180 1.584,031 LIABILITIES Creditors falling due within one year 16 (374,607) (325.494) {620W4) (571.421) NET CURRE ASSETS 3560212 1,261283 3Jllffj46 1.012,610 TOTAL ASSETS LESS 17,024.470 16,092,296 17,024870 16,092.296 PROVISIONS FOR L[rI&s & CHARGES 17 NET ASSETS 17,021470 16,092296 17,024,470 16,092.296 18, 19 17,024.470 16,092296 17,024,470 16,092,296 The immediatsly following page forms an intsgrnl part of this Consolidated charity Balance Sheet 12-
ENTJNDALE LIMITED AND SUBSIDIARY UNDERTAKIN COP4SOLIDATED BALANCE SHEET AND CHARITY BALANCE SHEET AS AT 30 JUNE 2025 The Tn$ have prepared group ac¢oullts in acconknce with Ction 398 ofthe Companies Act 2006 and 8ecllon 138 of the Charities Act 2011. These Accounts are prepared in accordance with the special provisions of PArt 15 of the Companies Actrelating to small coLnpanie5 alld constitute tbe aDnuaI accounts rquid by the Compani&% Act 2006 and are for circulaÉion to members of the CompaL]y. The Financial Statements were appmved bythe tsvstees on 19 March 2026 and Sign on its belJa]f by: Mr A C Becker Trustee Company No.. 1392462 The notes on pages L5 to 29 fomi part of thes¢ Financial Ststements. 13-
ENrINDA1 LIMrfED AD SUBSIDL4RY UNDERTAKING CONSOLIDATED STATEMEI+4T OF C.ASH FLnW.S FOR THE YEAR ENDED 30 JUNE 2025 2025 2024 Notss Cgsb flows from operating Activiti¢s: Net cash used in operating activities 20 (849,332) (1.529.641) Cash floivs Irom investing activities: Net cash provided by investing activities 3.124,301 1,508.158 Cash flows from finan¢ing aetivities: Net cash provided by financing activitie5 32,225 18,888 Cbgnge in tAsh and cash equivalents in the year 2.307.184 (2,595) Cash and Qash equivalents at the beginning of th¢ year 1,362,140 1,364,735 Cash and eash equivalellts at the end ofthe year 20 3,669.324 £1.362,140 The notes on pages 15 to 29 fonn part ofthese FlEIcial Statements. 14-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEIlIEPs FOR THE YEAR ENDED 30 JUNE 2025 GENERAL INFORMATION Entindale Limited is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wal¢s. The address of the regist¢r¢d oifice is 64 Ballards Lane, London. N3 2BU. STATEMENf OF COMPLIANCE These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recomm¢nd¢d Prd¢tice applicable to chariti¢s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP {FRS I02)), the Charities Act 2011 and the Companies Act 2006. AccoifNTllYG POLICIES BASIS OF PREPARATION The financial statements hav¢ b prepared oll the historical Cost basis, as modified by the revaluation of certain financial assets. and investment properties measured at fair value through income or expenditure. The fmancial statements are prepared in Sterling which is the nCtIonal currency of the group. The charty meets the definition of a public benefit entity und¢r FRS 102. GOING CONCERN At the time of approving the financial statement4 the trust¢es have a rollable expectation that the charity has adequate resOu¢S to continue in operational existence for the foreseeable future. Thus, the trustee5 continue to adopt the going c<)ncern basis of accounting in preparing the financial ststements. 33 JUDGElINTs AND KEY SOURCES OF ESTIMATATION UNCERTAINTY In the application of th¢ group's accounttng policies, the trustees are required to make judgements. ¢stimates and assumptions about the canying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical eXp¢rIen and other factors that are considered to be relevant. Actual results may differfrom these estimates. The estimates und underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the ¢stimate is revised if the revision affects only that peri(Kl. or in the period of the revision and futur¢ periods if the revision affects both current and future periods. 15-
ENfiNDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 ACCOUNTING POLICJIS (Continued) Judgements made by the trustees. in the appli110n of these accounting policies that have signifiwit effect on the financial staternents and estimates with A significant risk of material adjustment in the next year are discussed below. . Property valuations The group's property portfolio is valued by the trustees. The valuation of the group's properties is inherently subjective, depending on many factors, including the individual nature of each property, its location and expected future net renial values, market yields and comparable market transactions. Therefore the valuations are subject to a degree of uncertainty &nd are made on the basis of assumptions which may not prove to be accurate, particularly in periods of difficult market or economic conditions. ii. Trade debtors Management uses details of the age of trade debtors atLd the status of any disputes together with ¢xt¢rnal evidence of the credit status of the counterparty in making judgevnents concerning any ne¢d to impair the canying values. GROUP FtNANCIAL STATEMENTS The finan¢ial statejnents ¢onsolidate the results of the charity and its wholly-owned subsidiary Rodsham Properties Limit whose fuian¢ial stat¢ments are made up to the same accounting date. on a line-by-line basis. A separate Ststement of Financial Activities, and income and expenditure account dealing with the results of the charity only, has not been presented b¢¢ause the charity has tsken advantage of th¢ exemption afforded by Section 408 of the Companies Act 2006. INCOMING RESOURCES RecognitlOD of Intomillg R¢sour¢ Income is derived on a receivable basis from property sales and rental, donations and interest on short- tem) deposits. The value of donated service5 is only included where the benefit to the charity is reasonably quantifiable and measurable. These resources are included in the Ststement of Financial Activities (SOFA) when all of the following criteria are met: the charity or its subsidiaries have entitlement to the funds. the receipt ofthe income is considered probable. and the monetary valu¢ can be measured with sufficient reliability. 16-
ENTINDALE LITED NOTES TO THE FtNAIYCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 ACCOUNTING POLICIES (Continued) Incoming Resources with Related Expenditure Where incoming resources have related ¢xp¢ndiiure (as wtth fvndraising Contrdct ()r investment income) the incoming resources and related expenditure are reported gross in the SOFA. Re50urees expellded All expenditure is accounted for on An accntals basis and allocated directly to the appropriate activity cost. IecOVerable VAT is included in the ¢xpKnditure to which it relates. Grants to institutions represent paytnents to other charities in furtherance of the charity's objectives. Investment Income This is included in the Accounts when receivable. 3.6 CllARABLE AcfIvITIES Grants payable are only recognised in the accounts when paid. INVESTMEiYf mANAGETrN[ COSTS Investment manageffleDt costs include costs relating to the investment properties on an accrual basis. GOVERNANCE COSTS Governance costs include costs of the pr¢p8ration and audit of Financial Statements and cost of any l¢gal advice to trustees on govemance or constltutional matteTS. FUND ACCOUNTING General unrestricted fund5 Cottkprise the accumulated surplus or deficit on income and expenditure account. They are available for use at the discretion of the trustees in furtherance of the g¢n¢ral obj¢ctives of the charity. Kestri¢t¢d funds are funds subject to specific restricted conditions imposed by donors. There ar¢ no restrI¢d funds as at the Balance Sheet date. Designated funds are funds, which have been set-aside at the disor¢tion of the trustees for specific purposes. There are no d¢signated funds as at the Balance Sheet date. 17-
NTIIYDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Ef+lDED 30 JUNE 2025 ACCOUNTING POLICIES (Continued) 3.10 TANGIBLE FIXED ASSETS Freehold land and buildings held for charitable use are stated at cost. No depreciation is provided as the assets are kept in good repair and have a very long useful life and the estimated residual values are not materially diff¢rent from the canying values. An impairn)ent review was carri¢d out which shows that the recoverable amounts are in excess of the carrying value. INVESTMENf IN SUBSIDIARY UNDERTAKllYGS Shareholdings acquired are initially Orded at cost and subsequently included at ttustees, best estimate of fair value based on the net asset value. The net assets of the Subsidiary Undertakings reflect fair values of its underlyinE properties held for investment. any sUlUS or deficit on revaluation is recognised in the SOFA and taken to Other Unrestricted Funds. 3.11 IMPAIRMENT OF FIXED ASSETS review for Indit0[S of impairn)¢nt is crIed out as each balance Sheet date. with the recoverable amount being estimated where such indicator5 ¢XiSt. Where the carrying amount exceeds the recoverable amount, the asset is impaired accordingly. Prior impainnents are also reviewed for possible reversal at each reporting date. 3.12 INVESTMEIYT PROPERTIES Investment properties are r¢¢ognised initially at cost. Subsequent to initial recognition= . Investment properties are held at fair value. Any gains or losses arising from changes in the fair value are recognised in the income and expenditur¢ awount in the period that they arise. and li. No depreciation is provid¢d in respect of investment properties applying the fair value model. The fair value of residenti&l units is based on the trustees, understanding of property tnark¢t conditions and the specific properties concerned using a sales valuation Lppmach, derived from rent compardble transactions on the markeL adjusted by applying discounts to reflect status of occupation atLd condition. The fair value of commercial properties is deternjined using the incom¢ ¢apitalisation m¢th(d. requiring the application of an appropriate market-b&sed yield to net operating income. 3.13 ACQUISITIOF4S AND DISPOSALS OF PROPERTIES Acquisitions and disposals are considered to have taken place at the date of l¢gal completion and &re included in the fmancial statements accordingly. 18-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 ACCOUNfING POLICIES (Continued) 3.14 TAXATION The Charity is exempt from tax on income and gains as it falls within the various exemptions available to registsred Charities. Notwithslanding the alxjve, deferred tsx is recognised in respect of all timing differences present the non-charitable subsidiary undertaking which arise from the inclusion of income and expenses in tsx assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tsx charges or allowances are greater or smaller than the corresponding income or expense. Defetred tax is me&sured at the t&x rnte that is expected to apply to the reversal of the r¢lated difference, using tax rdtes enacted or substantively enacted at the balance sheet date. For investment property that is measured at fair value, deferred tax is provided at the rate and allowances applicable to the sale of the property. 3.15 FtNANCIAL INSTRUMENTS Financial instruments are classified and accounted for. accordingto th¢ substance ofthe contractual arrdngement, as either financial assets, financial liabilities or equity instruments. An ¢quity instrurnent is any contraci that evidences a residual intsre5t in the assets of the company after deductirLg all of its liabilities. Th¢ group has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and Slkbsequently measured at th¢ir settlemellt value. Trade and other debtojs ar¢ recognised at th¢ settlement amount due. Prepayments are Yalued at th¢ amount prepaid. Creditors and provisions are recogrLi5ed wher¢ the group has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due lo settle the obligation can be measured or estxmated reliably. Creditors and provisions are nornialty recognised at their settlement amount. COIKPAYJ Y LIMITED BY GUARANTEE Th¢ charity is a company limited by guarant¢¢ and bas no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charxty. 19-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 INVESTMENT INCOME Total Funds 2025 Total Funds 2024 Rents and charge5 re1vable Interest e1Vable 1,713,139 90,792 1,532,086 24,133 £1I03.931 £1,556.219 INVESTMEiYf mAAGE1¥T COSTS Total Fun&¥ 2025 Total Funds 2024 Investment propety manag¢meJ)t costs £473,835 £460,236 EXPENDTfuRE ON CHARrrABLE ACTIvrriES BY FLM) TYPE Total Funds 2025 Total Funds 2024 Donations paid Support costs 957,704 24521 1.825,181 21,062 £982225 £1.846,243 -20-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIIDED 30 JUNE 2025 EXPENDTfuRE ON CHARITABLE ACTIVITIES BY ACTIvrrY TYPE Grallt Funding Activities Support Totsl Funds Costs 2025 Total Funds 2024 Donations paid Governan¢¢ Costs 957,704 957,704 24521 1,825,181 21,062 24521 £957,704 24,521 982225 £1,846.243 All donations were paid to charitable institutions whose objects ar¢ in line with the obj¢¢ls of the ¢harity which in¢lude the reLief of poverty, the advaneement of education and the furtherance of Teligion. The following material donations were made during th¢ year ended 30 June 2025: Yesamach L¢vav Trust Chevras Maoz Ladol Shir Chesed Bels Yisroel Other donations less than £60,000 in aggr¢gal¢ or individually 98.850 83,100 66,190 709,564 Total donations £957,704 21
EIYTINDALE LIMITED NOTES TO THE FINAIYCIAL STATE1wErs FOR THE YEAR Ef4DED 30 JUNE 2025 ANALYSIS OF SUPPORT COSTS Total 2025 Total 2024 Governgnee costs Auditors Remuneration Office Administrative Expenses 15,200 9J21 17,400 3,662 24,521 21,062 io. NET MOVEMENT IN FUNDS This is stated after charging: Total 2025 Total 2024 Auditor's Remuneration 15200 17,400 Amortisation of short leasehold properties 66.755 66,755 ii. TAXATION The charity is not liable to current tax on ils income as it falls within the various exemplions available to registered charities. Accordingly, the charity does not recO1ze any deferred tax liability on property Tevaluatiolls as it will apply all funds for qualifying charitable purposes and be eligible for tsx exemptions available to re8lStered charities. The charity's subsidiary company, Rodsham Properties Limits donates its profits to the Charity and therefore there is no liability to coryoration tsx. The movement in the income and expenditure account represents the provision for deferred tsx. 22-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EF4DED 30 JUNE 2025 12. STAFF COSTS AND EMOLUMENTS No salari¢s or wages have b¢¢n paid to employees during the year. 13. TRUSTEE REIKUNERATION AND EXPENSES There was no remuneration paid to the trustees. The charity did not meet any itidividual expenses incurred by the trustses for services provided to the charity. 14. INVESTMENT PROPERTIES Freebold Thbng le&sehold Short leasehold Interest Total Grou Costlvaluation At l July 2024 Additions Disposals 14.016,965 405.000 923.448 15,345,413 (1.300,000) (1,300,000) At 30 June 2025 12.716.965 405.000 923.448 14,045,413 Amortisation At l July 2024 Charg¢ for the year 581,155 581,155 At 30 June 2025 581.155 581,155 Nd book value At 30 Jun¢ 2025 At 30 June 2024 -831 Th¢ historical cost of the freehold and long Ivdsehold properties at 30 June 2025 is £13.121.965 (2024: £14.421,965) and £342,293 (2024.. £409,048) r¢sp¢ctively.
ENTINDALE LILVllTED NOTES TO THE FINANCIAL STATELVIENTS FOR THE YEAR ENDED 30 JUNE 2025 14. llYVESTMEIYT PROPERTIES (continued) Chari Investment Properties Subsldiary undertaking Total Costlvaluation At l July 2024 Additions Disposals Revaluation Net assets 15,345.413 248,566 15,593,979 (1,300,000) (1,300,000) At 30 June 2025 14,045.413 248.566 14,293,979 Amortis2tioD At l July 2024 Charge for th¢ yegr Amortisation on disposal 514,400 66,755 514,400 66,744 At 30 June 2025 581,155 581.155 Net book vAlue At 30 June 2025 At 30 June 2024 The historical cost of the freehold and long l¢asehold properties at 30 June 2025 is £12,623,065 (2024.. £13.923,065) and £342,293 (2024: £409.048) respectively. The freehold and lon8 leasehold properties are stated at trust¢¢s' valuation, assi5t¢d by IUCS qualified profrssionals, at 30 June 2025. The valuation is based on the trustees. understanding of property market Conditions and the 5pecifi¢ properties concerned, using a sales valuation approach. derived from recent comparable trans&ctions on the mark¢L adjust¢d by applying discounts to reflect status of occupation and condition. The trustees have extensive experience in the field of property investment and valuation accumulated over a con5iderabl¢ period of time. -24-
ENTINDALE LIMITED NOTES TO THE, FtNANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 14. INVESTMENT PROPERTIES (conlinued) The inveslment in subsidiary at valuation is based on the underlying value of assets less liabilities of Rodsham Properties Limited. a property investment company in¢oTpordted in Grcat Britain. Its registered address is 64 Ballards Lan¢, London N3 2BU. The aggregate amount of assets, liabilities and fifftds of the subsidiary undertaking are as follows: 2025 2024 Investment income Property letting Administrdtion Net valuation loss on investm¢nt property Loss upon disposal of investment property 9,932 (109) {4,299) (9.716) Net profitl{Ios5) for the year (107) (4.083) Deferred taxation 62.000 Net (lossyprofit 57 Assets and liabilities Fixed Assets Current Assets Current Liabilities Provision for liabilities and ¢harge5 248,566 248,673 Net Assets £248A66 £248,673 15. DEBTORS Gro Chari 2025 2024 2025 2024 Other debtors and prepayments 252,995 189,637 252,995 189,637 -25-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR FNDF.D 30 JUNE 2025 15. DEBTORS (Continued) CURRENf ASSET INVESTMENTS Grou Chari 2025 2024 2025 2024 Programme r¢lat¢d investments 12,5(Kl 35,000 125lJO 35,000 Programme related investments are loans provided to charilabl¢ institutions with similar objectives to the Charity. 16. CREDITORS: AMOUNTS FALLiNG DUE WITHIN ONE YEAR Grou Chari 2025 2024 2025 2024 Amount owed to group undertakings Other creditors and accruals 245,927 374,607 245.927 325,494 374,607 325,494 374,607 £325,494 620534 £571,421 17. PRosION FOR LIABJLITIES The movement in the defeed tax provision during the year was: Group- Investment Property 2025 2024 Balance at l July 2024 62,000 Cbarge for the year Movement in the year (62,000) Balanee at 30 June 21125 -26-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE TrTAR ENDED 30 JUNE 2025 17. PROVISION FOR LIABILrriES (Continued) Deferred tsx is recognised in respect of timing diff¢renc¢s arising frovn the revaluation of assets classifi¢d as investments in the non-charitabl¢ subsidiary undertakings. Although the provision has been recognised in accordance with FRS 102, it is expected that the majority of th¢ gain5 will be gifted for charitable putposes and such tsx should not become payable. Deferr¢d tax has not been recognised in respect of revaluation of investments by th¢ parent charitable company on the basis that all such gains will be applied for charitable puryN)s¢s. 18. Grou Funds Balance at l July 2024 16,092,296 Net surplus for the year 508,121 Gain on investments 424,053 Balance as at 30 June 2025 17,024,470 Cbari Funds 16,092.296 Balance at l July 2024 508.228 Net surplus for the year 423.946 Gain on investments Balance as at 30 June 2025 17,024.470 -27-
ENTINDALE LIMITED NOTES TO THE Fll¥ANCJAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 19. ANALYSIS OF ASSET3 BETWEEN FUNDS Net Current Assets Fixed Assets Group Provisions Total Unrestrict¢d Income Funds .464358 360?12 17,024,470 Net Current Assets Fixed Assets Charity Total Unreslri¢ted Income Funds 13.712.824 3 Jll,646 17,024,470 20. NOTES TO THE CONSOLIDATED STATEMENf OF CASH FLOWS Reconciliation of net income to net cash flow from o eratin ctivities 2025 2024 Net ill¢ome for the year 932,174 (306.976) Adjustment for: (GainyLoss on investment propety Interest r¢¢eivable Net rents re¢eiv8ble (Incr¢aseyDecrease in debtors Increasel(Decrease) in creditors Increasel{Decrease) in provision for liabilities (424.053) (90,792) (IJ06,059) 2200 16,888 9,716 (24,133) (1.138,605) (5,000) (2,643) (62.000) Net cash used in operating acttvities (849a42) {1,529,641) -28-
ENfiNDALE LIMITED NOTES TO THE_FLNANC.IAL 8TATEMENrs FOR THE YEAR ENDED 30 JUNE 2025 20. NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS (conilnued) 2025 2024 Cash ftoiss from investin Int¢rest received Rents received Proceeds from sale of investtnents activities 90,792 I J09,456 1,724,053 24,133 1,243,234 240,791 Net cash used in investing activities 3.124aOI 1.508,158 Ca8h flows from financin etivities In¢reas¢l(decrease) in Loan creditors 32225 18,888 Net cash used in financing activities 32225 18,888 Net decrease in cash and cthsb equivaleDts 2J07,184 (2,595) Cash and cash equivalents at beginning of year A J62,140 1,364,735 C85h and c&8b equivalents at end of year 3ffj69J24 1,362,140 21. ANALYSIS OF CHANGES IN NET DEBT At At l Jul 2024 Cash flows 30 Jun 2025 Cash at bar)k and in hand 1,362,140 2,307,184 3,669.324 22. RELATED PARTY TEL4NsAcfioNS Charitsble donations r¢¢¢ived include donations aggregating £lOO,000 (2024.. £290,000) from entities which have ¢onn¢ctioThs with this company, either through its board or through its shareholders. 29-
ENTINDALE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 IUNE 2025 Unrestricted Funds INCOMING RESOURCES Donations Investment incom¢ Interest receivable 160,250 1.713,139 90,790 TOTAL INCOMtNG RESOiJRCES 1,964,179 RESOURCES EXPENDED Investment management charges Expenditure on charitable activities Governan¢e costs 473,835 957,704 24,412 TOTAL EXPENDrruRE 1,455.951 Profit on disposal of investment property 424,053 Net valuation gain on investment property Gainl(knss) on investment in group und¢rtakings (107) Iyet Expenditure and Iyet Movement in Funds 932.174 Total Funds Brought Forward 16.092,296 Total Funds Carried Forward 17,024.470 None of the charitys activities was initiated or discontinued during the fmancial year nor in the previous year. The charity has no other recognised gains or losses other than those reflected in the above Statement of Financial Activities for the flnancial year or for the previous year. -30-