REGISTERED CHARITY NUMBER: 286986
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2025
TRUSTEES
TRUSTEES D Lobenstein A Lobenstein A Y Melinek PRINCIPAL ADDRESS 93 Fairholt Road London N16 5EP REGISTERED CHARITY 286986 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
Page 1
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
The trustees present their report with the financial statements of the charity for the year ended 31 December 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 to assist an organisation in Israel whose purpose is to promote the Orthodox Jewish religion and Orthodox Jewish religious education.
The charity raises funds in the UK to be primarily, but not exclusively, to support Chazon Ish Institutions in Israel.
Public benefit
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The trustees are satisfied with the results for the year. There was an increase in income and the trustees reduced grantmaking accordingly.
FINANCIAL REVIEW
Reserves policy
The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end were £2,817 (2024 - £651).
FUTURE PLANS
The charity plans to continue its activities for the foreseeable future subject to satisfactory income.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is governed by a Declaration of Trust dated 21st April 1983.
Organisational structure
The day-to-day affairs of the company are administered by the trustees. The trustees meet regularly in order to discuss and control its activities. All trustees act on a voluntary basis and receive no remuneration or re-imbursement for expenses incurred by them in the execution of their duties.The power to appoint new trustees is vested in the continuing board.
Induction and training of new trustees
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 to which the charity is exposed and confirm that they have established systems to mitigate them.
Page 2
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025
STATEMENT OF TRUSTEES' RESPONSIBILITIES
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 8 July 2026 and signed on its behalf by:
D Lobenstein - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
Independent examiner's report to the trustees of British Friends of the Chazon Ish Institutions
I report to the charity trustees on my examination of the accounts of British Friends of the Chazon Ish Institutions (the Trust) for the year ended 31 December 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
E Meyer FCA BSc
Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS
8 July 2026
Page 4
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 110,076 EXPENDITURE ON Charitable activities 2 Grantmaking 107,000 Support 910 Total 107,910 NET INCOME/(EXPENDITURE) 2,166 RECONCILIATION OF FUNDS Total funds brought forward 651 TOTAL FUNDS CARRIED FORWARD 2,817 |
2024 Total funds £ 75,863 174,800 1,830 176,630 (100,767) 101,418 651 |
|---|---|
The notes form part of these financial statements
Page 5
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2025
| Notes CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year 7 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 8 Unrestricted funds TOTAL FUNDS |
2025 2024 Total Total funds funds £ £ 3,717 1,551 (900) (900) 2,817 651 2,817 651 2,817 651 2,817 651 2,817 651 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 8 July 2026 and were signed on its behalf by:
D Lobenstein - Trustee
The notes form part of these financial statements
Page 6
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 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.
Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.
Grants are only recognised in the accounts when paid.
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.
Taxation
The charity is exempt from tax on its charitable activities.
Going concern
There are no material uncertainties about the charity's ability to continue.
2. CHARITABLE ACTIVITIES COSTS
| Grantmaking Support |
Grant funding of activities (see note 3) £ 107,000 - 107,000 |
Support costs (see note 4) £ - 910 910 |
Totals £ 107,000 910 |
|---|---|---|---|
| 107,910 |
Page 7
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
3. GRANTS PAYABLE
| 2025 £ Grantmaking 107,000 The total grants paid to institutions during the year was as follows: 2025 £ Advancement of education 107,000 All grants were paid to Kollel Chazon Ish. 4. SUPPORT COSTS Governance Finance costs £ £ Support 10 900 Support costs, included in the above, are as follows: Finance 2025 Support £ Bank charges 10 Other 2025 Total activities £ Sundries - Governance costs 2025 Support £ Independent examiner's fee 420 Independent examiner's other fees 480 General expenses - 900 |
2024 £ 174,800 2024 £ 174,800 Totals £ 910 2024 Total activities £ 25 2024 Total activities £ 725 2024 Total activities £ 420 480 180 1,080 |
|---|---|
Page 8
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
6. STAFF COSTS
The average number of staff in the year was Nil (2022 - Nil).
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.1.25 £ 651 651 Incoming resources £ 110,076 110,076 |
2025 2024 £ £ 900 900 Net movement At in funds 31.12.25 £ £ 2,166 2,817 2,166 2,817 Resources Movement expended in funds £ £ (107,910) 2,166 (107,910) 2,166 |
|---|---|---|
8. MOVEMENT IN FUNDS
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.1.24 £ 101,418 101,418 |
Net movement in funds £ (100,767) (100,767) |
At 31.12.24 £ 651 |
|---|---|---|---|
| 651 |
Page 9
BRITISH FRIENDS OF THE CHAZON ISH INSTITUTIONS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 75,863 75,863 |
Resources Movement expended in funds £ £ (176,630) (100,767) (176,630) (100,767) |
|---|---|---|
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
Page 10