REGISTERED COMPANY NUMBER: 01529279 (England and Wales) REGISTERED CHARITY NUMBER: 282079
REPORT OF THE TRUSTEES AND
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
TEVINI LIMITED
Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
TEVINI LIMITED
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 |
| Statement of Trustees' Responsibilities | 4 | ||
| Report of the Independent Auditors | 5 | to | 7 |
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | to | 10 |
| Statement of Cash Flows | 11 | ||
| Notes to the Statement of Cash Flows | 12 | ||
| Notes to the Financial Statements | 13 | to | 18 |
TEVINI LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
Y Schlesinger Director Rabbi M Schlesinger Director A S C Singer Director
REGISTERED OFFICE
5A Holmdale Terrace London N15 6PP
REGISTERED COMPANY 01529279 (England and Wales) NUMBER REGISTERED CHARITY 282079 NUMBER INDEPENDENT AUDITORS Venitt and Greaves Chartered Accountants 115 Craven Park Road South Tottenham London N15 6BL
Page 1
TEVINI LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objects of the charity are the advancement of religion in accordance with the Orthodox Jewish Faith and the relief of poverty.
Significant activities
Tevini Ltd is a charity that provides a platform that allows donors to simplify their charitable giving by streamlining the process and offering Gift Aid and an online account to use for charitable endeavours. This platform is provided via the charity's website.
The charity handles the administrative work and legalities for their clients so they can focus on what matters most: supporting the charities that are important to them. Tevini Ltd work with a large range of reputable organizations, both big and small, so clients have unlimited options for giving.
Clients benefit from the flexibility of a local provider and the professionalism of experts who have been helping people with their charity accounts for many years.
In the year the charity has continued to support their donors and simplify the process of supporting the community and other charities.
Public benefit
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning the charity's future activities.
Volunteers
The charity is solely ran by volunteers and the Trustees, each volunteer has significant experience in the charity sector and has been supporting the charity for many years.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
During the year under review the charity generated total income of £2,394,659 (2024: £1,579,801), this income was received in the form of donations, gift aid and interest income. These funds will be spent in their entirety to further the charity’s objectives and further improve the charity's platform.
FINANCIAL REVIEW
Key Performance Indicators
The trustees are satisfied with the results and activities of the charity for the financial year.
The trustees monitor the entity's performance against its charitable objectives on a regular basis. Performance is assessed against the objectives and expectations using financial and non-financial indicators. The key financial performance indicators used by the charity are donations received and donations paid.
Reserves policy
It is the policy of the charity to try and maintain unrestricted funds at a level which the trustees think appropriate after considering the future commitments of the charity, unplanned emergency expenditure and the likely administrative costs of the charity for the next year.
As at 31.03.2025 the charity’s unrestricted funds were £629,220 (2024: £454,291).
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TEVINI LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Going concern
The trustees have a reasonable expectation that the charity has adequate resources to continue operational existence for the foreseeable future. For this reason, the charity has adopted the going concern basis of accounting in preparing the annual financial statements.
FUTURE PLANS
There are no current plans to change the activities or modus operandi of the charity for the foreseeable future.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, its memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
It is not currently the intention of the trustees of the charity to appoint new trustees. Should this situation change in the future, the trustees will apply suitable recruitment and training procedures.
Organisational structure
There are three trustees who also act as directors. They meet on a regular basis to discuss the affairs of the charity. All decisions are based on a majority decision of the directors but in almost all cases the votes are unanimous.
Related parties
Details of transactions with related parties are disclosed in the notes to the financial statements where required.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Systems of internal controls are designed to provide reasonable, but not absolute, assurance against material misstatement or loss.
The principle risks are financial including items such as a significant decrease in the charity's client base.
Approved by order of the board of trustees on 15 December 2025 and signed on its behalf by:
Rabbi M Schlesinger - Trustee
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TEVINI LIMITED
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025
The trustees (who are also the directors of Tevini Limited for the purposes of company law) 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) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company 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 company 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company 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 charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company's auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TEVINI LIMITED
Opinion
We have audited the financial statements of Tevini Limited (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows 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), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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In our opinion the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and
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have been prepared in accordance with the requirements of the Companies Act 2006.
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 charitable company 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 charitable company'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:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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the charitable company has not kept adequate accounting records; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TEVINI LIMITED
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they 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 charitable company'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 charitable company 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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity through discussion with the trustees and identified financial reporting legislation and charity legislation as being most significant to these financial statements. These included but were not limited to FRS 102, Charities Act 2011, Companies Act 2006 and Data protection legislation as they affect the direct charitable activities of the charity.
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We communicated these identified frameworks amongst our audit team and remained alert to any indications of non-compliance throughout the audit. We ensured that the engagement team had sufficient competence and capability to identify or recognise non-compliance with laws and regulations.
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We discussed with the trustees the policies and procedures regarding compliance with these legal and regulatory frameworks.
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We assessed the susceptibility of the charity's financial statements to material misstatement due to non-compliance with legal and regulatory frameworks, including how fraud might occur, by enquiry with the trustees during the planning and finalisation stages of our audit. Specific areas identified were the completeness of income and going concern.
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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. We performed appropriate audit testing on the recognition and completeness of income and management’s assessment of going concern.
Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.
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.
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF TEVINI LIMITED
Use of our report
This report is made solely to the charitable company'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 charitable company'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 charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Venitt and Greaves Chartered Accountants Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 115 Craven Park Road South Tottenham London N15 6BL
15 December 2025
Malcolm Venitt – Senior Statutory Auditor
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TEVINI LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 GENERAL Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD CONTINUING OPERATIONS |
31.3.25 Unrestricted fund £ 2,389,181 5,478 2,394,659 19,043 2,193,487 7,200 2,219,730 174,929 454,291 629,220 |
31.3.24 Total funds £ 1,576,778 3,023 1,579,801 4,566 1,634,681 7,430 1,646,677 (66,876) 521,167 454,291 |
|---|---|---|
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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TEVINI LIMITED
STATEMENT OF FINANCIAL POSITION 31 MARCH 2025
| 31.3.25 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 11 255 CURRENT ASSETS Debtors 12 14,927 Cash at bank 621,238 636,165 CREDITORS Amounts falling due within one year 13 (7,200) NET CURRENT ASSETS 628,965 TOTAL ASSETS LESS CURRENT LIABILITIES 629,220 NET ASSETS 629,220 FUNDS 14 Unrestricted funds: General fund 629,220 TOTAL FUNDS 629,220 |
31.3.24 Total funds £ 302 14,302 447,487 461,789 (7,800) 453,989 454,291 454,291 454,291 454,291 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The notes form part of these financial statements
continued...
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TEVINI LIMITED
STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 15 December 2025 and were signed on its behalf by:
M Schlesinger - Trustee
Y Schlesinger - Trustee
A S C Singer - Trustee
The notes form part of these financial statements
Page 10
TEVINI LIMITED
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by/(used in) operating activities Cash flows from investing activities Purchase of tangible fixed assets 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 |
31.3.25 £ 168,273 168,273 - 5,478 5,478 173,751 447,487 621,238 |
31.3.24 £ (64,210) (64,210) (300) 3,023 2,723 (61,487) 508,974 447,487 |
|---|---|---|
The notes form part of these financial statements
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TEVINI LIMITED
NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
| OPERATING ACTIVITIES | ||
|---|---|---|
| Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received (Increase)/decrease in debtors Decrease in creditors Net cash provided by/(used in) operations |
31.3.25 £ 174,929 47 (5,478) (625) (600) 168,273 |
31.3.24 £ (66,876) 27 (3,023) 5,662 - |
| (64,210) |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.4.24 | Cash flow | At 31.3.25 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 447,487 | 173,751 | 621,238 |
| 447,487 | 173,751 | 621,238 | |
| Total | 447,487 | 173,751 | 621,238 |
The notes form part of these financial statements
Page 12
TEVINI LIMITED
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 charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Income
All income is recognised in the Statement of Financial Activities once the charity has evidence of entitlement to the funds, receipt is probable and the amount can be measured reliably.
Income from Gift Aid tax reclaims is recognised for any donations with relevant Gift Aid certificates recognised in income for the year. Any amounts of Gift Aid not received by the year-end are accounted for in income and debtors.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Governance costs
Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include audit, legal advice for Trustees and costs associated with meeting constitutional and statutory requirements such as the costs of Trustee meetings and the preparation of the statutory accounts.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance Fixtures and fittings - 15% on reducing balance Computer equipment - 15% on reducing balance
All categories of fixed assets are initially recognised at cost and then held on the balance sheet at historic cost less accumulated depreciation. If an event occurs which indicates a material reduction in a fixed asset's carrying value, an impairment review will be carried out. Any impairment charge is recognised in the statement of financial activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
continued...
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TEVINI LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES - continued
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. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Cash
Cash and cash equivalents include cash in hand and deposits held at call with banks.
Financial instruments
Financial instruments are recognised in the charity's Statement of Financial Position when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
| DONATIONS AND LEGACIES Donations and gift aid Tax refunds INVESTMENT INCOME Deposit account interest RAISING FUNDS Raising donations and legacies Printing Insurance Telephone and office expenses Postage and stationery Sundries Advertising |
31.3.25 £ 2,316,873 72,308 2,389,181 31.3.25 £ 5,478 31.3.25 £ 12,245 60 1,705 282 242 4,509 19,043 |
31.3.24 £ 1,502,738 74,040 |
31.3.24 £ 1,502,738 74,040 |
|---|---|---|---|
| 1,576,778 | |||
| 31.3.24 £ 3,023 31.3.24 £ - - - 161 - 4,405 4,566 |
|||
| 4,566 |
2.
3.
4. RAISING FUNDS
continued...
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TEVINI LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
5. CHARITABLE ACTIVITIES COSTS
| GENERAL 6. SUPPORT COSTS Other resources expended GENERAL 7. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
Direct Costs £ 2,193,383 Finance £ - 60 60 |
Support costs (see note 6) £ 104 Governance costs £ 7,200 44 7,244 31.3.25 £ 47 |
Totals £ 2,193,487 |
|---|---|---|---|
| Totals £ 7,200 104 7,304 31.3.24 £ 27 |
8. AUDITORS' REMUNERATION
The auditors remuneration payable for the audit of the 31.03.25 financial statements is £6,000 plus VAT
9. 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.
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continued...
TEVINI LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Raising funds Charitable activities GENERAL Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS Fixtures Plant and and Computer machinery fittings equipment £ £ £ COST At 1 April 2024 and 31 March 2025 1,528 3,481 615 DEPRECIATION At 1 April 2024 1,522 3,462 338 Charge for year 2 3 42 At 31 March 2025 1,524 3,465 380 NET BOOK VALUE At 31 March 2025 4 16 235 At 31 March 2024 6 19 277 |
Unrestricted fund £ 1,576,778 3,023 1,579,801 4,566 1,634,681 7,430 1,646,677 (66,876) 521,167 454,291 Totals £ 5,624 5,322 47 5,369 255 302 |
|---|---|
11. TANGIBLE FIXED ASSETS
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continued...
TEVINI LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
| 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments and accrued income 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 14. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 454,291 TOTAL FUNDS 454,291 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 2,394,659 TOTAL FUNDS 2,394,659 Comparatives for movement in funds At 1.4.23 £ Unrestricted funds General fund 521,167 TOTAL FUNDS 521,167 |
31.3.25 £ - 14,927 14,927 31.3.25 £ 7,200 Net movement in funds £ 174,929 174,929 Resources expended £ (2,219,730 ) (2,219,730 ) Net movement in funds £ (66,876) (66,876) |
31.3.24 £ 10,000 4,302 14,302 31.3.24 £ 7,800 At 31.3.25 £ 629,220 629,220 Movement in funds £ 174,929 174,929 At 31.3.24 £ 454,291 454,291 |
|---|---|---|
continued...
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TEVINI LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 1,579,801 1,579,801 |
Resources expended £ (1,646,677 ) (1,646,677 ) |
Movement in funds £ (66,876) |
|---|---|---|---|
| (66,876) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.23 £ 521,167 521,167 |
Net movement in funds £ 108,053 108,053 |
At 31.3.25 £ 629,220 |
|---|---|---|---|
| 629,220 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 3,974,460 3,974,460 |
Resources expended £ (3,866,407 ) (3,866,407 ) |
Movement in funds £ 108,053 |
|---|---|---|---|
| 108,053 |
15. RELATED PARTY DISCLOSURES
During the period ending 31st March 2025 the charity received donations totalling £20,000 (2024: £13,000) from Carlee Limited, an entity which shares a Director with the charity (Mr A Singer).
The charity also received donations totalling £4,430 (2024: £4,450) from the spouse of Mr A Singer and £1,000 (2024: £3,800) from Regnis Finance Ltd, an entity which Mr A Singer's child is a Director.
In addition, during the period donations totalling £210 (2024: £9,780) were received from the child of Mr M Schlesinger (Trustee).
During the period a donation that amounted to £30,000 (2024: £nil) was paid to Yeshivo Horomo. Yeshivo Hormo and the charity share a common trustee (M Schlesinger).
No other related party transactions have been noted during the period ended 31st March 2025.
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