EN LAN AN IMI'fE UN- DAC wi AEHP598K 1811212025 COMPANIES HOUSE 237
P4ge Legal and adrninistrative inforniation Directors, and TnceS, rert Independ¢nt Examinerfs report Stat¢ment of financial acliviti&8 Balance sheet Notes
Company Numbcr: 01438829 (Englind & Wal&8) Registered Charity Number: 279382 Dlrector: Mrs Goldi Jacobwitz Trnstees: Mrs Goldi Jacobwitz Mr Moshe Grosz Mr Yechiel Steinm¢tz Re8l$tered Office: Br¢nlm¢ad House Brilannia Road London N129RU Accounlants: Leonard Finn & Co. SeTViCeS Limiied Chartered Accountants Suite 2A. 7th Nix>r 5 fjreenwith View Plxce London E149NN Bankers: Barclays Bank PIC Marble Arch Bran¢h 127-131 Edgwarc Road London W22HT Page I
Th¢ lrnstee, who is also the director of the charity for the purposes of ihe Companies A¢t, presents his annual report with the financial siaiements of the Charity for the year ended 31$t March 2025. The Slee has adopted the provisions of the Stalement of Recommcnded Pra¢ti¢¢ {SORP) "Accounting and Reporting by Charities" in pr¢pariT)g ihe annual TCPOrt and fillancial slatejllenls of the cliarity. Struelure, GoverD4n¢e #nd Management Truslec and Organisalional Structure.. The charity is constitukd as a company I11[¢d by guarnntee and is therefore Eoverned by a Memorandum and Articl¢ of Association. The Director of the companyis also trjstee of the eharily and there are no other trnstees. All of the trustees nnme41 above served thTou¥liiiuL year. Th board has wjwer to appoint additional trustees as and when h¢ eonsiders fit to do so. Appointment of trustees The lrnslee 18 responsible for ihe administration and inveslment policy of the Scheme. Tru51¢¢s are appointed and rernoved by thc SPODsoring employu. Th¢ sol¢ tru8l¢e is.. - Mrs. Goldi Jacobowilz Se¢r¢tary Trdrs. Goldi Jacobowitz Objectives and aetivities Th¢ ¢harity's obj¢¢t and pnncipal a¢iivities of the company. in the year under review. were thatof ¢hari¢able organisation, whose purpose is to advance r¢ligion in a¢¢ordance with the orthodox Jewish faith. Tlie charity is organised so tl)al the dlrector and tTUStee meel gUlarlY lo manage its affairs and dcalwith day- tO•day administration. Acbievem¢Lts and performaD¢e During the year. the ChilY conLinued to receive rents frotn its inveslinent prortIeS and re1Ved donations and divid¢nd$ from subsidiaries and a0¢18t¢d companies. During the year. the charity made various charitable contribution5 lotalling £229,500 {2024 - £274.730) The statem¢nt of financial activilies is provided on pag¢ 6. rh¢ Tslee reports thai a deficit of £62.770 (2024- £234255 deficit) was incutTed. Tli¢ tolal incoming reSoUeS were £347,887 {2024 - £341,757) and I he total resources expended were £410.808 (2024 - £576.158). The Tntstee believes thal the Investment in assets 1$ wfficient to support the needs of the charity. Page 2
Financial review Jnve$tment policy The Trnstee's investmenl policy 18 to protect the real value of th¢ charity's fvnds and to provid¢ an increasing income to support the charily's activities. The investments are hcld Rn a br02d mix of freehold and leasehold properties, which provide rental iTJcome and investment in subsidiari¢s, which in lum also invest in rental properties. Fr¢¢hold llod And buildin2$ The investment properties were r¢valued by th¢ dirxloT Ort the basis of an open m8rket value during the year ended 31si Mawh 2025. Risk management poliey Th¢ trustee has assessed the major risks (o which the charity is exposed, in particular, those rtIated to the operations and finants5 of the charity and 15 satisfied that $yst¢ms Are Ell place to mitigate exposure to major risks accordingly. The irust¢¢ always ensures tbal ih¢ Charity holds a div¢rs¢ property portfolio. Reserves policy Tlie cl)ariiy's policy is based upon the application within each period of A $iEnificant proportion of such unreslri¢ipAI fuTJds as are available whilst at the sam¢ time buildill8 UP Its in¢ome producing ba The inieniion is lo strengthen the charity's ability to Suslain a hiEh level of ch8ritable distribulion for lh¢ foreseble future. Going concern The f?nancial statements have been pr¢par¢d on a going concern basis as Ihe tDJStee believes that no material uncerfainlies exist. The trustee has considered the level of funds held and the expe¢t¢d level of income and expeiiditure for 12 months from authorising these financial statem¢nts. The budgeted income and expenditure is sufficient with tl)e level of SoUrceS for the charity to be able to continue as o going ¢oncem. Princip*l fundin2 sourc Th¢ main 50urcc of the cl)arily's in¢ome arc donations frorn subsidiary compani¢s. property investments and return from other investment. Plans for futur¢ periods It is the intenlion of the charity lo Continue lo Advance religion lo a wider Jewish community and lo provide support for existing r¢ligious aclivities and the intrnduction of new subJ¢cts. The trustees expcct the sub$idiari¢s to contlDll¢ lo g¢ncral¢ profits at a satisfactory level such thal the charity will be abl¢ to mainiain a seasonable level of granis to chaTlty insiitulions in furtherance of the charity's objects. The ttustees also continue to seek ways lo maximise the charity's income from its investments and a¢iivities to enable il lo continue lis charitable objectives. Page 3
Trystee's respon$lbilities relation to the fjnancial statement5 The trust¢¢ (who is also the sole dircctor of Eveland Lin)ited for the purpose of company law) is responslble for preparing the Trustee's Report and financial stat¢m¢nls in a¢¢ord4nce with applicable law and Unii¢d ngdOM Accountins Siandards (United Kingdom Genernlly Accepted Accounting Prddice). includitL8 Fillallcial Reporting Standard 102 "The Financial R¢porting standard applicable in the UK and Republic of ITeland" Th¢ law applicable to charities in En8land and Wale4 the Charities Aet 2011, Charity (Accounts and R¢port$) Regulations 2¢X18 and the provisions of the tn)st decd requires the mi8tees lo preparc financtal statements for fdch year which give a t¢ and fair view of th¢ slal¢ of affairs of the chariiy and of the incoming resources and application of resources, including incomc and expcndiluK of the harity for that period. In pr¢pating th¢% financial stai¢ments, th¢ tfU5te¢ is T¢quifftI to.. Select suiiable accounting poli¢i¢s and apply them CODsisknily' Observe the methods and principl in tk Charities SORP. Make judgements and estimates that are reasonable and pjudent. State Wheth appli¢4ble ac¢ountlll8 Standards have b¢en followed. subj1 to aoy material departure5 disclosed and explaina in the financial stateMt5. Prepare Ihe financial statements on a Boing concern basis unless it Is inappropriate lo presume that the chaTity will continu¢ in business. Th¢ trustee is responsible for ke¢ping proper accounting records wbi¢h disclose with Teasonablc a¢cuTa¢y at any tim¢ the financial positioj of the charity and enobl¢ them to ensure that the financial Statements comply with ihe Chatities Act 2011, (he Charity (Accoullls and Reports) ReatiOnS 2008 and the provisions of the tru deed. The tnjstee is also responsible for safeguarding the assets of the harity and h¢n¢e for 18kin8 r¢asonable stqjs for the prevention and (ki¢¢tion of fraud and oth¢r iJTegulariti¢s. This report has been prepared in ac¢oTdance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies This report was approved by the director and trust on 24th November 2025 and signed on his behalf. MTS. Goldi Ja¢obowits Director Date".24.J 1.2025 Page 4
Independellt examiners r¢pDrl tfj the tru%iee$ of EvolADd L5mlt¢d We report on the occounts of Eveland Limited for ihe year ended 31 Morch 2025 which are set out on page9 6 to 14. The Iruscee considers that an audit is not required for this y¢ar und¢r section 144(2) of the Charities Aet 2011 (tl)e 2011 Aet) and tlikt an independeni exAminAtion is needed. The charity's gross income exeeeded £250.000 and l am qualified to underlake th¢ examin81ion by being a qualified Inember of th¢ Institute of Chart¢red Aeeountants in England and Wales. 14aving satisfJ¢d myself that the charity 14 not subject to audit under compafiy law ind is eligible foT independenl examination. it 19 my Tesponsibility to: Examine the accounts under Section 145 of th¢ 2011 Act- Follow the procedures laid down in tl)e general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. and- Stole whether particulftr mauers have come to my attention. Ba51s of iDdep¢DdeDt eJ(&mllles report My ¢xaniination was caLed out in aecordan¢e with the g¢neral Dir¢¢tions given by the Charity Comrnis5ion. An examination includes a revieMF of il)e ficcounting recoi'ds kept by ihe charity and cojnparison of the accounis presented with those record5. li also includes considerarion of any unysual itern$ or disclosures in ihe accounis and seeking explanation5 fTom you the iTusL¢e concerning any such matters. The procedures undertaken do not provid¢ 911 th¢ eviden¢e that would be required in an oudit and consequently? no opinion is given as to whether the accounts pres¢nl o 'true and fair view. and the r¢port is limiied to those matters s¢t out in tl)¢ statement below.. lttdependettt examlner's statemellt In ronn¢ction with my examination. rnatt¢r has come to my attention= l ) whieh gives me reasonable cause to believe that, in Any material respect, the reqLiirements-. io keep accountiftg records in accordance wilh se¢lion 386 olthe coPanIc3 Act 2006,. and to prepare accounls which a¢cords with tlie accounting records. comply with the accounting requirements of section 396 of the Coinpanies Aci 2006 and with the methods and principles of the StsteiTJent of R¢roinniendcd PTaetice'. Accouniing and Reporting by Charilie3 have not been niet. or 2) io whicli. in Iny opinion, aitenlion should b¢ driwn in Ord* to enable a proper understandin8 of tlie accou o be reached Lnad Finn & Co. Services Limited Char(ereO Accountsnts Suite 2A. 7, Floor S Greenwich View Pla London E14 9N Page 5
EVELAND LIMITED OMPANY LIMITED BY GUARANTEE STATEMENT OF FINAI¥4CIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 202S Total Fund 2025 Total Fund8 2024 Unrestritttd FllDds Jncomithg r¢sovries Incoming Resourc¢5 fmm 8ene)zted fvnds.. Voluntary incorn¢ 347,887 347.887 341,757 Investrneni incctme 130 150 147 348.037 348,037 341,904 348,037 348.037 341.904 Re$our¢e5 txpended Charitablc activities 229,5QO 229.5(Kl 274.730 C.os15 of 8¢nernung fvnds 176,210 176,210 296269 Govemartce costs 5.097 5,097 5.160 Totsj Tuources ¢xp¢Dded 410.807 410807 576,159 (Dllelt)1Tr4et re50ur¢es (62.7701 (62.770) 1234,255) UDrtalis¢d gwns on assets for tharity ysc iyet movenient fuDd5 (62,770) 1.963.495 {62.770) (234.255) 1,963,495 2,197.750 Reconciliation of Total funds brought forivard Tot•J fvnd$ ¢8rried forward 1,900,725 J,900.725 1,963,495 STATEMENT FREC GNISED GAINS AND LOS ES 2025 2024 Surplusl (Deficii) for the year Revalualioth durin8 the year (62,770) (234255) Toll Recogwkised Galns athd Lossts relating to ¢he ye#r (62.770) {234.255) All of tlie al)ove r¢sults are d¢rived fron) continuing aciivi¢ies.All gains and losses recognised in the yè are included above. Details of In¢oming•resources and r¢sources used are giv¢n in the not¢5 to the fmaocial Stslwn¢nl. Page 6
Note 2025 21124 Tangible fjxed s$ets Inv¢sitn¢i)i Properties 996,863 996,863 Inve$iments 10 200 197 997,063 997.orfl Current #$set5 Cash at bank 1,020,798 1.083.768 Creditor5 Amounis falling due withiii oiie year {4.723) (4,920) iyet current asset$ 1.016,075 1,078,848 Totl assets le$$ eurrent liabilities 2.013,138 2.075,908 Net asset5 2.013,138 2.075,908 Capital funds Revaluation R¢s¢rv¢- Unr¢aEAsed gaill 112,413 112.413 Unreslricted fvnds 1.9CM).725 1,963.495 Total fuDd5 2.013.138 2,075,908 Th¢ annexed rjotes forn? parl of Ih¢$e financial statements. Page 7
N£L&laLEI (Coniinued) si For Ihe year ending 31 March 2025, the charity was eniiiled 10 exeinpiion from audii under seclion 477 of the Companies Aci 2006 relaiing lo small Companie& The director has noi required ihe coinpany lo obtoin an audit of ils financial statements for the year ended 31$1 March 2025 in 8¢¢ordanc¢ with Seciion 476 of the cPartIc$ Act 2006. The director acknowledg¢$ hi$ responsibilities for-. Ensuring ihai the ch¥rit•ble company keeps accounting records ihat coinply wilh Seclions 386 and 387 of the Companies Aci 2006 and- Preparing financial siatemenis which give a true and fair vi¢w of lh¢ slate of offairs of the charitable ¢oinpany as At the end of each financial year and of its surplus or defi¢ii for each financial year in acrdanCe with th¢ requirements of the Companyes Aci 2006 ielaiin8 10 financial siaiemenls. so far as applicable to the ¢harilable company. Th¢ financial slaiements have been prepared in accordance with the provisions applicable io chariiable companies subjtti to ihe small coinpanies regiine. These aecounis have been prepared in accordance with the spe¢i81 PTovisions of Part 15 of the Companies Aei 2006 relating 10 sinall companies with the FiD¥n¢i81 Reporting StÈndard {FRS 1021 for Sinaller Entiiies leffective January 2015). The financial statements on pages 6 ¢0 14 were approved and auihorised for issue by the trtte£ on 241b Noveinber 2025 and si8ned on his behalf by.. Goldi Jacolxiwitz- Dir¢¢tor Page 8
A¢eountAn8 pollcles B4$1$ of the fillaneial $tAttmettts Th¢ finai)¢i81 staternents of tlie charitabl¢ company, which is a public benefit entity under FRS 102, have be¢n prepar¢d li? accordance with il)¢ Charitie¥ SORP (FRS 102) 'Accounting and Reporting by Charities.. Si8teinent of Recommended Practice applicable to charilies preparing their accounts in ccordance with the r'inancial Repotling Siandard appljcable in ihe UK aTbd Republic of Ir¢13nd (FRS 102) (effeclive l January 2015),, Financial Reportin8 Standard 102 The Financial Reporling Standard applicable in tl)e UK and Republic of Ireland, and the Companies Acl 2(K)6. The fin8n¢ial starements have been prepared under the hist1(al cost conv¢ntion, as rnodified by the Tev8lu&tion of certain assels. Golng C•Dter The trustees consider that there are no material UnLertai11eS aboui Ihe charily's ability to continue as a going concern. The Irusiees do not consTder that there are any sources of eslImaEion uncertainty at Ihe reporiing dat¢ that have a SI]fiCant Tigk of catssing a rnaterial adjusthnent to the carrying amounts of asget8 and liabilities within the next reponing period. Cons01id#tio• The ci)mpany and 118 subsidiary Companies eomprise of a small group. As the coinpany 1$ subjeci to tlie small companies, regiitte. Eroup accounts have not been prepared. Compguy Staths The chariry is a compan J, liin7ied by Euaranlee. Tlie inemb¢r of the company is ihe trustee named on page l. In the eveni of ihe charity being wound up. the liability in iespecl of the guarant¢e is limited to £1 per Jneinber of ihe chwity. Fulld aeeounting Unre$iricted fund$ can be used ill 8¢wrdanee with the cliaritable objectives at the discretion ofthe trusie Restricted funds ¢an only be used for a parti¢ular restiicted purposes wiihin the objects of the charity. Restrictions arise when sp¢cified by the donor or when fund5 are raised for particular re5trict¢d purposes. Further explanation of the nBDJre and putV05e of each fvnd is included in lh¢ notes to the financial stai¢m¢nts. Pag¢ 9
MP Income All income i¥ re¢ognis¢d in th¢ Stalwnent of Finan¢iAI A1Vitie$ once the eharity has entitlement io Ihe fids. it is probable ihal th¢ income will be rec¢iYed and ihe ainount be Eneasured with reasonable aUrd¢y. The donations received in th¢ year wer¢ raised specifheally for the purehase and mainl¢t]ance of the associated properties. Reiils receii'tsble R¢mrs are recogni5ed in the $l#t¢ment of f8¢1[ aciivities when tlie condiliow of T¢ceipts have been complied with. Donolions receivoble Donaiions tEceivable ar¢ included in tbe account5 in th¢ yeor in which ih¢y aTe Teceivablc. Inveshiienl in¢on)e 1$ included in the 8ccouDts in ihe yesr in which ih¢y are receivable. Resourees expended All expenditLJre 1$ 8¢eounted for on an acwals basis and has been tla#sified under headings that aggrega¢¢ all costs related to ¢h¢ category Where costs cannot be directly attributed lo particular headings they have b¢en gllocated to a¢tivilies on a basis consistenr with use of tlie r&8ources. DohaiiopLS payable Donations payable are accounted for whett the Charity is committed to pay Ihem. Cosis ofgfntJaling]i4ndf These comprise of insurance. repairs and other cOS associat¢d with rental properties. Goi.rnance c0515 These relate lo expenditure Incu¢ in the managemeDt of the ¢harity's &ss¢l$. organisalioJ]al administration, and ¢OTnpli8nce with constiiutionai and stAtut(ry requiremethts. Tanglble Ilxed 8SSCtS Alld deprecltloD Freehold land and buildings, held as investinenl properties are revalued annually and included in the balance sheet al their open markei value. Surplvses and deficits arising on revaluaiion are dealt with in the Incorne stat¢ment. pr¢viou¥ly the statement of fancial a¢tiviti¢8. Depreeiaiion is provided at the following annual rates in order to write off Ihe value of each hs5et over its estllTtal¢d useful lif¢. Invesun¢nt Prop¢rti¢5 No d¢preeiation is provided on invesnnent ptoperties. Although tli)s accounting policy is in accordance wiib ihe Financial Reporting Srandards, it is a departure from the ireneral requirement of the Companies Act 2006 for all tangible assets to be depreciat¢d. In th¢ opinion of the tnJ$tee coinpliance wilh th¢ standard is nece55ary foi the fiDan¢ial statements to give a true faiT vi¢w. Depreciation or amortisBtion is onty one of the many factors refle¢ted in the annual valuation and the Inounl of this which might otherwise have beem ¢harBed cannot b¢ $¢parately identified or quaniifjed. Pagelo
T#xaiio Eveland Liimited is a ¢knlry, is ¢x¢mpt from taxation of in¢ome and gains fthlling within Seciion 478 of the Corporatioii Tax Act 2010 or Section 256 of the Taxaiiort of Chargeable Gains Aci 1992 to the extent they arc applied to 115 chariiable objecrs. No lax charge arises in any of the subsidiary eniilies included in the charity's accounts due to their policy of gifting taxAhle profits to Ev¢land Limited e•¢h year. Deferred tax Defetyed lax is provided in fvll ii) respecl of ihe tsxation d¢feTred by timing differenc¢5 between Ihe Ireatmenl of certain irans for taxalion and a¢¢ounting purpo$es. Thc deferred lax balance has not been discounied. IDvestmenti The eoinpany's investments irt subsidiaries are siaied ai ¢osi. Investments h¢ld for investsnent puwes are slated ai Market Volue. Investment property 1$ Shown ot most r¢cenl valuation. Any aggregate surplus or dcficil arising from changes in tnarket value ig transferred to a revaluats.on reserve. Investh7eni properti¢s ar¢ prop¢rti¢s which are ljeld eith¢r 10 eani rental iiitome QT for Capital &PPTe¢iatitsn or foT both. Investment properties are recognised initially ai cosi. PaBell
Voluntary Ineome Voluntary Income is attributable to th¢ principal acrivity of the companyaLI is earned ¢ntir¢ly within the United Kingdom. Investment Jncome & Galns 2025 2024 Interest 150 147 Incoming resoure¢5 2025 2024 Voluntary Income Rent Receivable 195,346 241.757 Donaiion$ Received 152541 Gain on sale of propeny loo,000 347,887 341,757 Investment Ineome Inlerest 150 147 348,037 341.904 Charitsbl¢ a¢iivitie5 2025 2024 Charitsble donations paid 229.500 274.730 Pag¢ 12
Cost5 of gcDcratiDg funds 2025 2024 enses in Let(in¥ Fee Insurance R¢pairs Legal & Professional Rates utred on Investjnent Pr 20,987 8,694 135,069 11,223 237 16,281 7,941 146,063 124,028 176.210 296.269 Governanee eosts 2024 Alldit &, Aeeouniancy fees Bank Charges 4.920 177 4,920 240 5,097 5,160 Truste¢'s r¢muDertioB The Irustee Aeith¢r re¢eived i)OT waived any emolumenls during the year (2024 - £Nil). Tngiblt flxed assels Inv¢siment Properties Cosi or valuation.. At 1st April 2024 Addition Disposal 996,863 At 3 1st Mah 2025 996.863 Depreciation.. At I st April 2024 Charge for The year At 31s1 March 2025 Net book vulue.. At 31 sl March 2025 996,863 Ai 31 st Mar¢h 2024 996,863 Pag¢ 13
Cosi or valuation at 31 March 2025 is JTpresented by. InvestJnen¢ Properties Valuation in 2025 996,863 996,863 Inv¢sttnent properties are valued on an open market basis as at 31 51 March 2025 by the director and Trustee. 10. Ettve$tmellts 2025 2024 Holding in Lencily Limited- l OOO/o holding Holding in Arogol Limited _ IOOOA holding 100 100 99 98 200 197 The charity owns the entii'e issued share ¢api¢al of Lenrity Litnit¢41 and Arogol Limitcd" both b¢ing property d¢aling and ir]vesthieni companies. The iaxable profits of the subsidiaries are donated to ihe charity. I l. Creditors ATnounts falling due within one year: 2025 2024 Ac¢ruo1s 4,723 4.920 4,723 4,920 12. Revaluatlon reserve 2025 Balance ai l April 2024 112.413 Bolance at 31 March 2025 12.413 The historical cost of freehold land and buildings included a valuation of £996,863 before 2024 it was £996,863. Page14