COMPANY REGISTRATION NUMBER: 01570443 CHARITY REGISTRATION NUMBER: 283066 TEGHAM LIMITED Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 GK & CO. LLP Chartered accountants Hallswelle House 1 Hallswelle Road London England NW11 ODH
TEGHAM LIMITED Company Limited by Guarantee Financlal Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directo¢s report) Independent examinerfs reFQrt to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements
TEGHAM LIMITED Company Limited by Guarantee Trust•es' Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 March 2025 trustees, who ar8 also the directors for the purposes of company law. present their port and the unaudited financial stalemenls of the charity for the year ende($ 31 March 2025. Referenco and admlnlstratSve details Rogi¥tered charlty name TEGHAM LIMITED Charlty reg18tration Dumber 283066 Company reglstration number 01571M43 Principal offi¢0 and reglstered Hallswelle House office 1 Hallswelle Road NW11 ODH London Thg tTUSte88 Ms N Fluss Mr D Fluss Company sgGretary N Fluss Indopèndent examiner P P Smulovitch Hallswelle House 1 Hallswelle Road London England NW11 ODH Stw¢lure. governanGo and manag•menl The charity is conslituled as a company Ilmited by guarantee and is therefore governed by a Memorandum and Articles of Associalion. ObJectN•S and actlvltles The company is o registered charty and ils principal activsty during the year was the distribulion of its income lo charities. The objects of the charty are to advance religion in accordance with Orthodox Jewish Faith and to support other charitable activities as are recognised by Engllsh Law as charitable. In furtherance of ils objects the charty continued lo advance and donate money and support other charities with objects similar to those detailed above. The charity is run jointly by all the trustees, who make any important decisions in tandem. The trustees meet regularly to manage the charitys affairs. There are no paid employees and all administration work is carried out on a voluntary basls by the govemors.
TEGHAM LIMITED Company Llmlted by Guarantee Trustges. Annual Report (Incorporating the Dlrectorfs Report) (confynwd) Y•ar ended 31 March 2025 ObJectlvas and acllvltlgs i¢onrfnuFdJ PUBLIC BENEFIT The trustees have considered the guidance published by the Charity Commiss¥)n and belKgve Ihat th charity in carrying out ils objectives, fully wmplies with these requirements. In partiGular the piovisions of funés for Gtsmmunal charitable institutions such as synagogues and homes for the elderfy and infirm In accofdance wth the principles of Iraditional Judaism automatically VeS rise lo a public benefit. E8ch year the trustees review the obje¢tives and activities of the charity to ensure that they continue to relecl these aims. In Carrying out this review the trustees have considered the Charty Commission's general guidance on pU1C benefit and in partlcular its supplementsry public guidanrk on the advancement of Teligion for the public benefit. StrategiG report The following sections for achievements and performance an(1 flnancial review form the strateg report of Ihe charity. A¢hlevoments and perforniance The charity 1$ organised so thal the govemors meet regularly to manage its affairs.There are no pakj employees and all adminlstration work is carrSed out on a voluntary $5 by the g¢)vernors. Flnanclal revlew The statement of financial activities shows a net profW{lossl for the year amounting to £39,244 {2024 - £{241,9191 after making the substantial donation5 of £600,920 (2024 - £565,904)- The reserves stand 8t £2.350,198 {2024- £2.310,954) In total. The Iruslees consider il prudent to retaln the current level of reseNes In order lo generate sufficient income lo be able to distribute signlficanl fund$ lo charity in accordance wlh Ihe objects of Ihe charity company. RISK MANAGEMENT The Iruslees have assessed the major risks lo whlch the Gharity is exposed and are satisfied Ihat systems are in place to mitigate such risks. FUNDING The charity does not partake in external funding actlvitK8S. Funds are derived on an annual basis from Invlment. Plans for futuro perlods The govemors intend lo continue performing at similar levels to current year which has been most satisfactory. Substanllal doDalion8 wll Gontinue to be paid to Yarlous institutions. The trustees, annual report and the strategic report were approved on 26 August 2025 and signed on behaw of the board of trustees by-. Mr D Fluss Trustee
TEGHAM LIMITED Company Limited by Guarante• Ind•p•ndent Examinerfs Report to the Trustees of TEGHAM LIMITED Yoar ended 31 March 2025 I report to the trustees on my examlnalion of the financial statements of TEGHAM LIMITED {Ihe charitll for the year ended 31 March 2025. Respon8lbllltl•s and ba61s of report As the Iruslees of the company (and also its direclors for th8 pUTSeS of company lawl you are responsible for the preparation of the financial stslements in accordance wth the requlrements of the Companies Acl 20061'lhe 2006 Act'}. Having satisfied my3elf thal th8 accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the chariws aOnts as carried out under section 145 of the Charities Act 2011 {'Ihe 2011 Act'l. In carrying out my examination I have followed the Directions given ty the Char¢ty Commission under section 14515Mbl of the 2011 Act. Independenl exnIn¢$ gtstement Since the charivs gross income exceeded £250,000 your examlner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that 1am qualtfied to undertake the examination because l am a member of the Institute of Charted Accountants In EnglaTrJ and Wales {ICAEW), which is one of the listed bodfts. I have completed my examination. I confirm that no mallers have come to my attention in connection with the examination glving me cause lo believe.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act,. or the finala1 stalemenls do not accord with those records.. lx the financial statements do not comply with the accounting requirements of sectlon 396 of the 2006 Act other than any requirernent that the aco)unls give a 'true and fair. view which is not a matter ¢on8idered as part of an independent 8xaminalion- or the financial statements have not been prepared in accordance with the methods and principles of the Stslement of Recommended Practt¢e for 2ccounlSTrJ and reporting by charities applicable lo charities preparing their a¢¢ounls In accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireiand {FRS 102).
TEGHAM LIMITED Company Limitsd by Guarant•a Independent Examiner's Report to the Trustees of TEGHAM LIMITED (¢oJ>thu•dJ Year ended 31 March 2025 I have no concerns and have come across no other matters in connection Ihe examinalton to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be re8Cd. P P Smulovilch Independent Examiner Hallswelle House 1 Hallswelle Road London England NW11 ODH 26 August 2025
TEGHAM LIMITED Company Llmlted by Guarantee Statement of Flnancial Activities (Including income and expenditure account) Year ended 31 March 2025 2025 Unrestricted funds Total funds Total funds 2024 Income and endowments Donalions and legacies Investment income 281,250 113,554 3g4,804 281,250 113,554 394,804 241.250 100.728 Total In¢om• 341.978 Expendlture Expenditure on ¢haritable aclivities Other expendilure Totsl expendllure 601,590 3,970 605.560 601,590 3,970 566,230 17.867 605,560 583,897 Net gains on investments 10 {250,000) (250,000) Net incom81(8xpendlture 39.244 39,244 {241,919) Transfer5 between funds 1250.000) (250,000> Other recogni88d galns and losses Fair value movemenls 250,000 39,244 250.000 39,244 Net mov•mont In funds {241,919) ReGonclllatlon of funds Total funds brought forward Total funds carried forward 2,310.954 2,350,198 2,310,954 2,350,198 2.552.873 2,310.954 The statement of financial aclivilies includes all gains and10sses recognised in the year. All income and expendiiure derive from continuing aclivilies. Tho no*S on pagès 7 to 12 form part ofth•se financlal statem?nt$.
TEGHAM LIMITED Company Llmited by Guarantee ststemant of Financial Position 31 March 2025 2025 2024 Fixed a55ets Tangible fixed assets 13 500,000 250,000 Current assets Cash al bank and In hand 1.991.569 2.375,242 Cradltors: amounts falling due wlthin on• yoar Net currenl assets 14 141.371 314.288 1,850,198 2,350.198 2,350,198 2.060.954 Total assets less cuff•nt Ilabllltlos 2.310.954 Net a88ets 2.310,954 Funds of th• charfty Unreslricled funds 2,600,198 2,600,198 2.310,954 2.310,954 Total charlty funds 15 For the year ending 31 March 2025 the charity vas enlitled to exemplKin from audit under section 477 of the Companies Act 2006 relating lo small companies. Direciors. responsibilities: The members have not required the company to obtain an of ts financial ststemenls for the year in question in accordance wtih section 476,. The directors acknOedge their responsibilities for complying Tmth the requlremenls of the Act with respect lo accounting records and Ihe preparation of financial statements. These financ681 statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These financial slatemenls were approved by the board of trustees and aulhorised for Issue on 26 August 2025. and are signed on behaff ol the board by.. Mr D Fluss Trustee The notss on 7 to 12 forni part of these financial stmtements.
TEGHAM LIMITED Company Llmlted by Guarantee Notss to the Financial Stst•ments Year ended 31 March 2025 General Infomatlon The charity is a public benefrt entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Hallswelle House, 1Hallswelle Road, NW11 ODH, London. Statement of complianc• These fInarla1 statements have been prepared in Compliance wih FRS 102, 'The Flnancial Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicale in the UK 2nd Rewblic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. A¢¢ountlng pollcles Basis of preparatlon The financlal statements have been prepared on the historical cost basis, as modrfied by the revaluation of certain financial assets and liabilities and investment propert¥ measured al fair Value through income or expenditure. The financial statements are prepared in stedlng, which is the functional ¢urrency of the enlily. Going concem There a no material uncertainties atKSUt the charivs ability lo contlnue. Judgement$ and key sources of èstimatlon uncertalnty Th8 preparation of the financial stslements requires management to make judgements, estimates and assumptions that affe¢l the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expeGtab'ons of future events that are believed lo be reasonable Under the circumstances_ Fund accounting Unrestricte(J funds are available for use at Ihe discretion of the trustees to further any of the charivs purposes. Designated funds are unrestricted funds earmarked by the Irusl8es for particular future prolect or commrtment. Restricted funds are subjected to festrictions on their expenditure dedared by the donor or through the terms of an appeal. and fall into one of two sub-classes= restricted income funds or &ndowmeTIt funds.
TEGHAM LIMITED Company Limlted by Guarantee Notes to the Financial Statements (contlnuod) Year ended 31 March 2025 AcGounting pollcles rconunugdj Incorning re80urce8 All incoming resources are included in the statement of financial aclivilies when enliilemenl has passed to the charity. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The followng specific poliCS are xpplied to particular categories of in¢ome'. income from donations or grants is recognised when there is evldence of enlillemenl lo the grfi. receipt is probabl& and ils amount can be measured rellably. legacy income 18 recognised when receipl is probable and entlement is established. income from donated goods is measured al the fair value of the goods unless this is impractical to measure rellay. in which case the value is derived from the cost lo the donor or the estimated resale value. Donated facilities and services are recognised in the accounts en received if the value can be reliably measured. No amounts are induded for the ¢ontribulion of 9gn8ral volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unreslricled funds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent, in which case il may be regarded as restricted. Resources exp•nded Expenditure is recognised on an accruals basis as a liabilty is incurred. ExpendiluTe includes any VAT which cannot be fully recovered. and is dassrfied under headings of the statement of financial activities to which11 relates.. expenditure on raising funds indudes the costs of all fundraising activities. events, non- charitable tradiro aclivilies, and the sale of donated goods. expenditure on charitable aclmlies includes all costs in¢urred by a charty in undertaking activities that further ils charitable aims for the berbefrt of ils beneficiaries, including those support costs and costs relats'ng lo the governance of the charity apportioned to charitable activities. oth8f expenditure indudes all gxpendilure that is neither related to raising funds for the ¢harty nor part of its expenditure on charitable activities. All costs are allocated lo expendlture categories reflecting the use of the resource. Direct G05ts attributable to a single eclivily afe allocated directly lo Ihal activity. Sharee costs are apportioned beeen the activities they contritrrtjte lo on a ieasonable. lusltfiable and consislenl basis. Tanglble assets All red assets are recorded al valuation.
TEGHAM LIMITED Company Limited by Guarantee Notes to the Financial Statements (¢onlln410dJ Year ended 31 March 2025 ounting polici88 {¢ofttinu8dJ Flnanclal Inslrumgnts A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the Instrument. Basic financial instrLJments are initially recognised at the amount receNable or paable Includlr any related transaction costs, unless thg arrangement constitutes a financing Iransaclion. where It is recognised al the present value of thg futu payments discounted al a market rate of interest for a similar debt instrument. Currerbl assets and currert li2bllilles are subsequently measured at the cash or other consideration expected lo be paid or received and nol discounted. Debt instnAments are subsequently measured at amortised cost. Limlted by guarant•• Tegham Limited is a Company limited by guarantee and accordingly does rK>t have 2 share pital. Every member of the company undertakes to contribute such amount as may be requlred not exceeding £1 to the assets of the charilable company in the event of its being wound up while he or she is a member. or wthin one year after he or she ceases lo be a member. Donation8 and Iggaci Unrestricted Total Fund8 Unrestricted Total Funds FndS 2025 Funds 2024 Donations Receipts under grfl aid 281,250 281250 241,250 241,250 Investment inGorne Unreslricled Totsl Funds Unreslricled Total Funds Fun(Ss 2025 Funds 2024 Income from investment properties Bank interest receivable 70,000 43,554 113,554 70,000 43,554 113,554 66,512 34.216 66,512 34,216 100,728 100,728
TEGHAM LIMITED Company Limltsd by Guarantee Notes to the Financial Statements {¢ortlinu¢dJ Yèar ended 31 March 2025 Expondlturo on Charitsble activitiès by fund typo Unrestricted Total Funds unStriCted Total Funds Funds 2025 Funds 2024 Donations paid Support costs 600,920 670 600,920 670 56S,904 326 565,904 326 601.590 601.590 566,230 566,230 Expendlture on charitable aGtiviti8s by activity type Activilles undertaken dlrecuy Support costs Total funds 2025 Total fund 2024 Donations paid Governance costs 6DO,920 600.920 670 565.904 326 670 600,920 670 601,590 566,230 Other èxpèndlturo Unrestrlcled Total Fund5 Unreslricled Tc)lal Funds Funds 2025 Funds 2024 Accountsn¢yfees Legal and professional fees 3.780 190 3.780 190 3,600 14,067 17,667 3,600 14,067 17,667 3,970 3.970 10. Nat galns on Invo8tments UnstrICted Total Funds Unrestricted Total Funds Funds 2025 FLJnds 2024 Gains on land and builging 250.000 250,000 11. Independ•nt oxamination fees 2025 2024 Fees payable to the independent examiner for- Independent examination of the financial slatemenls 3,780 3,600 12. Trustoe remun¢r*lon and expen8e8 No remuneration or olher benefi'ts from employment with the charity or a related enlily were received by the trustees. 10-
TEGHAM LIMITED Company Limltsd by Guarantee Notes to the Financlal Statements {eonrfntrtdJ Year ended 31 March 2025 13. Tangiblè fixèd a88et8 Land and bulldlngs Valuation Al 1 April 2024 Revaluations 250.000 250,OIX) At 31 March 2025 500,000 DeprlatIon At 1 April 2024 and 31 March 2025 Carrying amount At 31 Mah 2025 500,000 250,000 At 31 March 2024 14. Credltors: amountg falllng due wlthin one y¢ar 2025 2024 Bank loans and overdrafts Accruals and deferred inujme Other creditors 147,000 31,443 135,845 314.288 21.280 120,091 141.371 15. Analysis of charitsble funds Unrestricted fund8 At Gains and 31 Mah 202 losses At 1 April 2024 Income Expenditure General reserve Falr value reserve 2,253,633 57,321 394.804 1605,560) 250.0 250.(LIO 2.292,877 307.321 2,310.954 394,804 {605,560} 500,(KJO 2.600.198 At Gains and 31 March 202 losses At 1 April 2023 Ire ExperHlSture General reserve Fair value reserve 2.495.552 57.321 341,978 (583,897) 2,253,633 57,321 2.552,873 341.978 (S83,897) 2,310.954 11
TEGHAM LIMITED Company Limitsd by Guarantee Notes to the Financial Statements (wnlknued) Year ended 31 March 2025 16. Anatysls of nèt agsets between funds Unrestricted Total Funds Funds 2025 Inveslments Current assets Credttors less Ihan 1 year Net assets 500,000 500,000 1,991,569 1,991,569 (141,3711 (141,371) 2.350.198 2,350,198 Unrestricted Total Funds Funds 2024 Investments Current assets Creditors less than 1 year Net a88ets 250.CKJO 250,000 2,375,242 2,375.242 1314,288} {314.2881 2,310,954 2.310.954 12-