**REGISTERED CHARITY NUMBER: 278823** ## **KAHAL CHASSIDIM BOBOV** **REPORT OF THE TRUSTEES AND** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS **KAHAL CHASSIDIM BOBOV** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** |||**Page**|| |---|---|---|---| |**Reference and Administrative Details**||1|| |**Report of the Trustees**|2|to|3| |**Report of the Independent Auditors**|4|to|6| |**Statement of Financial Activities**||7|| |**Balance Sheet**||8|| |**Cash Flow Statement**||9|| |**Notes to the Cash Flow Statement**||10|| |**Notes to the Financial Statements**|11|to|16| ## **KAHAL CHASSIDIM BOBOV** ## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025** **TRUSTEES** L Stempel M Brinner (deceased 26.8.24) A D Fischman **PRINCIPAL ADDRESS** 87 Egerton Road London N16 6UE **REGISTERED CHARITY** 278823 **NUMBER AUDITORS** Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS **BANKERS** HSBC Bank plc 312 Seven Sisters Road Finsbury Park London N4 2AW Page 1 ## **KAHAL CHASSIDIM BOBOV** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** The trustees present their report with the financial statements of the charity for the year ended 31 March 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). ## **REFERENCE AND ADMINISTRATIVE INFORMATION** The 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 advancement of the Orthodox Jewish Religion in general and in particular the worldwide organisation of the Grand Rabbi of Bobov. The principal activity in achieving the objects is income from the operating of a voucher system, allowing donors control of their giving in an easy manageable, tax efficient manner. The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit. ## **Grantmaking policy** Grants on the unrestricted fund are made at the trustees discretion from their knowledge of the various institutions. On the restricted fund grants are made in accordance with the wishes of the donor, subject to checks being made that the donation is charitable and in line with objects of Kahal Chasidim Bobov. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** The charity is reliant on voluntary donations. There was a 32% increase in income over the previous year with a 28% increase in grantmaking and support costs slightly lower the charily had a surplus for the year. The charity continued to help numerous charities and institutions at various levels of funding under various categories as shown in note 2 to the financial statements. ## **FINANCIAL REVIEW** ## **Reserves policy** It is the policy of the charity to maintain unrestricted funds at a level which the trustees think appropriate after considering the future commitments of the charity and the likely administrative costs for the next year. Restricted funds relate to funds of donors to the voucher system. At the year end unrestricted reserves were £705,345 (2024 - £656,884) and restricted reserves £355,554 (2024 - £338,005). ## **FUTURE PLANS** The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Charity constitution** The charity is constituted by Declaration of Trust dated 16 August 1978. ## **Organisational structure and recruitment** The day to day running of the charity is done by a voluntary book keeper. The power to appoint new trustees is vested in the board. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity and its working. They are also encouraged to read the Charity Commission's various publications on trustees. ## **Risk management** The trustees have reviewed the major risks that the charity faces and confirm that they have established systems to mitigate them. ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** Page 2 ## **KAHAL CHASSIDIM BOBOV** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** 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 - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - 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 28 January 2026 and signed on its behalf by: A D Fischman - Trustee Page 3 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KAHAL CHASSIDIM BOBOV** ## **Opinion** We have audited the financial statements of Kahal Chassidim Bobov (the 'charity') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). - In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. 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 trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on 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 trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. Page 4 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KAHAL CHASSIDIM BOBOV** ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine 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, the trustees are responsible for assessing the charity'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. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors 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. In performing an audit, we exercise professional judgment and maintain professional scepticism throughout the audit. We also identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than one for one resulting from error, as fraud may involve collusion, forgery, intentional omissions misrepresentation or override of internal control. We obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of charity's internal control. We evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements We concluded whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about charity's ability to continue as a going concern for a reasonable period of time. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Page 5 ## **REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KAHAL CHASSIDIM BOBOV** ## **Use of our report** This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS 28 January 2026 Page 6 ## **KAHAL CHASSIDIM BOBOV** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**Charitable activities**
Fee income
Investment income
2
**Total**
**EXPENDITURE ON**
**Charitable activities**
3
Grantmaking
Support
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
9
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**fund**
**£**
-
114,018
-
114,018
1,400
25,030
26,430
87,588
(56,420)
31,168
318,623
349,791|**Restricted**
**fund**
**£**
2,469,387
-
2,142
2,471,529
2,510,400
-
2,510,400
(38,871)
56,420
17,549
338,005
355,554|**2025**
**Total**
**funds**
**£**
2,469,387
114,018
2,142
2,585,547
2,511,800
25,030
2,536,830
48,717
-
48,717
656,628
705,345|**2024**
**Total**
**funds**
**£**
1,860,719
89,912
1,974
1,952,605
1,961,105
19,756
1,980,861
(28,256)
-
(28,256)
684,884
656,628| |---|---|---|---|---| The notes form part of these financial statements Page 7 ## **KAHAL CHASSIDIM BOBOV** ## **BALANCE SHEET 31 MARCH 2025** |**Notes**
**CURRENT ASSETS**
Debtors
Cash at bank
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
9
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**2025**
**£**
9,683
707,662
717,345
(12,000)
705,345
705,345
705,345
349,791
355,554
705,345|**2024**
**£**
4,074
663,906
667,980
(11,352)
656,628
656,628
656,628
318,623
338,005
656,628| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 28 January 2026 and were signed on its behalf by: A D Fischman - Trustee The notes form part of these financial statements Page 8 ## **KAHAL CHASSIDIM BOBOV** ## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025** |**Notes**
**Cash flows from operating activities**
Cash generated from operations
1
Net cash provided by operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents**
**in the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end**
**of the reporting period**|**2025**
**£**
41,614
41,614
2,142
2,142
43,756
663,906
707,662|**2024**
**£**
126,996| |---|---|---| |||126,996| |||1,974| |||1,974| |||| |||128,970
534,936| |||663,906| The notes form part of these financial statements Page 9 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025** ## **1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** |**ACTIVITIES**||| |---|---|---| |**Net income/(expenditure) for the reporting period (as per the**
**Statement of Financial Activities)**
**Adjustments for:**
Interest received
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by operations**|**2025**
**£**
48,717
(2,142)
(5,608)
647
41,614|**2024**
**£**
(28,256)
(1,974)
158,425
(1,199)| |||126,996| ## **2. ANALYSIS OF CHANGES IN NET FUNDS** ||**At 1.4.24**|**Cash flow**|**At 31.3.25**| |---|---|---|---| ||**£**|**£**|**£**| |**Net cash**|||| |Cash at bank|663,906|43,756|707,662| ||663,906|43,756|707,662| |**Total**|663,906|43,756|707,662| The notes form part of these financial statements Page 10 **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 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.The following specific policies are applied to particular categories of income: - donations are included in full in the Statement of Financial Activities when received. - income tax recoverable in respect of gift aid donations received is accounted for on an accrual basis. ## **Expenditure** Resources expended are recognised in the year in which they are incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and cost relating to the governance of the charity. 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **Going concern** There are no material uncertainties about the charity's ability to continue. Page 11 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** |**2.**
**INVESTMENT INCOME**
Deposit account interest
**3.**
**CHARITABLE ACTIVITIES COSTS**
**Grant**
**funding of**
**activities**
**(see note**
**4)**
**£**
Grantmaking
2,511,800
Support
-
2,511,800
**4.**
**GRANTS PAYABLE**
Grantmaking
The total grants paid to institutions during the year was as follows:
Advancement of education
Advancement of religion
Relief of poverty
Medical
Social welfare|**2025**
**£**
2,142
**Support**
**costs (see**
**note 5)**
**£**
-
25,030
25,030
**2025**
**£**
2,511,800
**2025**
**£**
576,908
496,837
552,601
39,008
845,046
2,510,400|**2024**
**£**
1,974
**Totals**
**£**
2,511,800
25,030|**2024**
**£**
1,974| |---|---|---|---| |||2,536,830|| |||**2024**
**£**
1,961,105|| |||**2024**
**£**
558,375
227,978
975,003
30,098
165,458|| |||1,956,912|| Page 12 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **4. GRANTS PAYABLE - continued** ## **5.** |Amud Hatzdokoh Trust|172,803
160,000
103,715
85,729
81,326
74,881
71,966
53,426
52,650
50,033
47,028
44,384
43,099
37,000
36,010
34,557
33,303
33,003
31,095
30,920
1,233,475
2,510,400
**2025**
**2024**
**£**
**£**
1,400
4,193
**Governance**
**costs**
**Totals**
**£**
**£**
7,356
25,030
**2025**
**2024**
**Total**
**Support**
**activities**
**£**
**£**
17,674
13,756| |---|---| |Congregation Mikvah Tahara of Staten Island Inc.|| |Chevras Mo'oz Ladol|| |Friends of The Bobover Yeshivah|| |One Heart Lev Echod|| |The Egerton Road Trust|| |Kupat Chaim Vchesed|| |Mifal Hachesed Vehatzdokoh|| |Mercaz Hatorah Belz Machnovke|| |Friends of Beis Soroh Schneirer|| |Friends of Beis Chinuch Lebonos|| |Yeshuos Shabbos|| |Yesamach Levav|| |Lechem Shlomo|| |Manna (UK Branch of Meir Panim)|| |Chasdei Aharon Ltd|| |Collel Chibath Yerushalayim|| |Toirem|| |North London Welfare and Educational Foundation|| |Meirat Eynaim Breslaav|| |Others under £30,000|| ||| ||| ||| ||| |The total grants paid to individuals during the year was as follows:
Relief of poverty
**SUPPORT COSTS**
**Other**
**£**
Support
17,674
Support costs, included in the above, are as follows:
**Other**
Cost of charitable activities|| Page 13 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **5. SUPPORT COSTS - continued Governance costs** |**SUPPORT COSTS - continued**
**Governance costs**||| |---|---|---| ||**2025**|**2024**| |||**Total**| ||**Support**|**activities**| ||**£**|**£**| |Auditors' remuneration|3,000|3,000| |Auditors' remuneration for non audit||| |work|3,000|3,000| |General expenses|1,356|-| ||7,356|6,000| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. ## **7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other creditors
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**Unrestricted**
**fund**
**£**
Current assets
361,791
Current liabilities
(12,000)
349,791
**MOVEMENT IN FUNDS**
**At 1.4.24**
**£**
**Unrestricted funds**
General fund
318,623
**Restricted funds**
Restricted fund
338,005
**TOTAL FUNDS**
656,628|**Restricted**
**fund**
**£**
355,554
-
355,554
**Net**
**movement**
**in funds**
**£**
87,588
(38,871)
48,717|**2025**
**£**
12,000
**2025**
**Total**
**funds**
**£**
717,345
(12,000)
705,345
**Transfers**
**between**
**funds**
**£**
(56,420)
56,420
-|**2024**
**£**
11,352
**2024**
**Total**
**funds**
**£**
667,980
(11,352)
656,628
**At**
**31.3.25**
**£**
349,791
355,554
705,345| |---|---|---|---| ## **8. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ## **9. MOVEMENT IN FUNDS** Page 14 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **9. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**At 1.4.23**
**£**
**Unrestricted funds**
General fund
224,496
**Restricted funds**
Restricted fund
460,388
**TOTAL FUNDS**
684,884
Comparative net movement in funds, included in the above
**Unrestricted funds**
General fund
**Restricted funds**
Restricted fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
114,018
2,471,529
2,585,547
**Net**
**movement**
**in funds**
**£**
67,937
(96,193)
(28,256)
are as follows:
**Incoming**
**resources**
**£**
91,886
1,860,719
1,952,605|**Resources**
**expended**
**£**
(26,430)
(2,510,400)
(2,536,830)
**Transfers**
**between**
**funds**
**£**
26,190
(26,190)
-
**Resources**
**expended**
**£**
(23,949)
(1,956,912)
(1,980,861)|**Movement**
**in funds**
**£**
87,588
(38,871)
48,717
**At**
**31.3.24**
**£**
318,623
338,005
656,628
**Movement**
**in funds**
**£**
67,937
(96,193)
(28,256)| |---|---|---|---| Page 15 ## **KAHAL CHASSIDIM BOBOV** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025** ## **10. RELATED PARTY DISCLOSURES** Donations totalling £108,184 (2024 - £30,339) were made to two charities in which a trustee have an interest. Page 16