REGISTERED CHARITY NUMBER: 288023 Report of ihe Trust¢e5 and Audlted Financial Stalements for the lear Ended 31 MArch 2025 for Brltish Fiends Of The R#bbl Ileir Bakl H4nes5 Charitv (Kijllel Shomrei Hachomo$l Martin + Heller Chllrtcrcd ALL(?Iintanis and R¢gi%icrcd Auditor ) INonh F.Iid Road London NWI17RJ Britlsh F'iends Of The Rabbi ￿le1r Baal Haness Charlty {Kollel Shomrel Ilitchomos Contents of th¢ Financial StAt¢ment5 for the l'ear Ended.11 tylarch 2t125 P9ge Report of the Trusteeii Report of the It)dtpendent Audltor5 Statemenl of Financial A¢tiiitie5 B#lunce Sheet Cash Flow Statement Notvs to the Cgsh Flow Siatemeni Notes to the Financial St8tement5 Dctalled Siatement of Flnancial Actli'lttC5 17 British F5end$ Of The Rabbl ￿teIr Baal Haness Charlh. (Kollel Shomrei Hathom051 Report of the Trustees for the l'ear Ended 31 March 2025 The tnJstee.I present their repurt with Ihe f1113n¢ial 5taiement% of the charity for the year end¢d 31 March 2025. The ImbtLY5 hai'e adoptcd the prO￿lS11)nS uf Accounting and Reportinu by ChJtiiie5.' Siai¢ni¢rit of Rceon)mcnded Praltice dppIicdblL Ic) LI1￿[￿11¢.% preparing Ilieir aLLC)Iini% In ilLL()rddJiLc with Ihc FindnLial Re￿)rtl￿b SldnLlard appliiable in the UK and Rcpublie of Ireland IFRS 1021 leffeclivc l Januarv 20191. OBJLCTIVES A￿D ACTIVITIES Objecti%'cs and aim5 The Lhariry was fvtmed for the reliL'f of povcrty and thc advanLemenl of Jcwish education and the Jcwish religion, in partlLulaT hy poor PLf%on4 wilh dll n¢ce%sary rLIIL'f aiTrd lllidiLal a%il%tdliLL. liouhing.(Il(l agJL Lare fa. cililiLS and providing financial help for schools and ¢ollegcs, run by Kollcl Sliomrci Ha¢honios In Israel. Pllhlic beNefil The T￿￿tte1 Loiifirm their conipliance with the diity to hai'e due regard 10 the Public Benefit guidance published by the Charity Commi8.SlOD when rci'iLWlll¥ ihe Charity'% and objeciivc5 in platuiing fulurc aclii'iiiis. ACHIEVEMENT AYI D PERFORMANCE During the year the charity raiscd substantial funds, and has appliL(l all of the funds In grants fu￿leranc¢ of ils objLxiives. FINANCIAL REVIEIV Dunng Ihe yLar, IhL Lharity's ineoming TesoiircLs exc¢¢dLd IhL ()Ut¥oing re%ource4. ThL Irll%iee% are saiisfie(I witli ihe rcsulis tor the ycar. The Irusiees do tt015cek to n)ainiain Te5erve%, oilier than to en%ure that they can ¢ontsnue Iht aetivilie5 of the chitrily. STRUCTLIRF., GUVERNANCE AND NIANAGEMENT Govcrning document ThL' Lhdrily is conilitule(l p￿pare financial %iaiemenis lor each rinancial year which gTive ? Irue and fJiT I it￿, of lh¢ siaie of afTairs ot. the chariiv and of Ihe incoming resources aDd application of rcsourccs. incliidingT ihc iT5coiMe Jnd ¢A￿di1u￿. ol. thc chwiiy for thal period. In piepsin¥ thos¢ rinunii*l %LIiL"iiiLtiL4. Ilie ITusI¢LS arc re4iiiF¢(I Io 4cIL*I suiiabli accounrijig rM)IILiC5 and thin apply th¢Tn wnnLern basis unless li ib ill#ppTOPriatc lu pr¢biimL Iliai ilie tharity will I'he irti¥lL'LS &fL' reswnsible ti)r kL'Lping prop-r aLLouniing YL'L()i"ds whiih disLlos¢ i¥ith r¥*50tt2blL aL¥ura¢> ai any timL' LhL. f￿nancIal w4iliun u1- IhL Lliariry and 10 Loable Iljeni to intsui-e thai LhL' findllLJal iialLmenLb L()mply w'ith IhL ChariliL'S Aci ?11 I l. Ilie C'ljariiy IAciOUlli% attd Repthrl%l Re&iulalinn% 21MIX and tlie provisioni of Ihe It￿{ dccd. T]iey 4U"e al%1) re%pnnsiblc far ￿requ￿1rdInbj thc &4%ei% of Ihc chanry and hcnce for thkin¥ rc￿￿On8blc gtep¥ for the prcvcniion dL.￿-￿Il(>tt offrdud iLnd vihLf IllLbiuldniitts. Approi'L'd by of tl¢ i . and sjgned un it8 behalf by.. J Ilaum&rap rt¢n_ PUEL 2 Report of the IndepeShdenl Auditor$ to th¢ Trustees of Britj5h Fiends Of The Rahbi ￿[eIr Baal Haness Charih. (Kollel Shomrti Hachomos) Opinio Wc hawe dudited the financial siaiemL'nis ()f Ilritish Fiends Uf The Rabbi MeiT ]3aal Han¢5s Charity IKoll¢l ShoTnrei HliLh()IMosl (the 'cliariiy'l lor Ihe year ¢nded 31 March 2025 whiLh comprisc the Stai¢ineiii of FitrianLiJI ALliNitics. Ihc Balance Sheet. the Cash Flow Sralenitni and nutes to Ihe financial %taiem¢nls, including a summary ot significant accounting policie5. Thc financial ￿porting tranicwork thai has bee￿ applicd in ihLir prLpf Ilie goin¥ ¢uncern basis of accounlin¥ tn Ihe pr¢paraiion of Ihe fjnancial Slaiements is appropriat¢. on the work wc havL p¢rfornicd. wc haN'L' ni)1 idiiilifild any maiL￿dI unLLrtdintic% rLlaiing lo CVClll% or LC)iJdilions that, individually or colleclivclv, may ¢asi 5ignificani doubt on IhL' ¢liarily'% ability 10 ¢oDliiiuc a% a going conccrn lor a of al least Thl'elve moni1)% from ivhen tlie li￿n¢]￿l stalen?ents are tsuthorised for i%sue. Oui responsibiliiiL% and the rc%poii%ibiliiii% i)f th¢ Inislcc.% wilh re%pcLI 10 gioinbr conLcm ale descrtEx.d ill the rclevant sections of rhis Tepon. Other informalion The trustee% are Irsponsible for the other infomiarion. The other intomiaiion LOmPTise5 Ihe intormaiion included in the Aiiiiual R¢port. oiher th￿ Ihc fiiiancial 5taiLmcnl% and oiir Rcpon ulthc InLf¢peiid¥ni AudiluTh Ihereon. Our opinion on the financial stat¢mcnls does not ¢oi'eT Ihc oihcr infom)aiion and. except to the exicni otherwise explicitly siaied in OUT report. we do not expre5% any fomi ot"a%surance conclusion ihereon. In conne¢lion with our audii of ihe fJnmiation and. in doing 50, COJ15ider whether the other infomiaiion Is Inaieriallv incon%isieni with tlie financial siaTenients or our knowledge obidine(l in the audit or oihLfwisc (Ippears 10 bc mai¢riJlly InisstarLd. If W-L idcnlify such material iiiconsisiLncics or apparcnl maicrial rn1551aleniLnis, WL kJTL ILqUITed lo dLleniiinL' whLthLr this gives riSC iu 4 niaicrial mtbbllicies used and Ihe r¢asonablene5s of accouniingw esiimare.% and judbiement5 made by managTemeni. We ideniiticd and d55CS5cd any signiticani trJnbdction5 thai arc ui)USU4101 ouisidc thc nomial course of businLS5. ilnLI wc incorporaied ILsiing of manual journal ¢niric% and iurreLIii)ns inio oiir audii apprcY4Lh. -Oui' audit procedures were (Jesigned to identify and ti%4es5 ot'malei'ial mi%siJiem¢nt 2n the tinancial siatemetjis, wh¢'ihcT due ro fraud or Lm)T. ThL risk of noi d￿￿cLI1nb￿ a tndtcrial TnisstatLnieni due to fraud is high¢r than the ri%k of iioi deieciing une Ye%uliiii¥ frcini eTr()r. a4 fraud inay invi)Iv¢ Lollu.%ivn, fcirgy 1.360.OIX) Other 42,845 29,144 Total 1.603.815 1,448,813 NET INCOMEI{EXPENDITURE} 146.9581 279,992 RECONCILIATION OF FUNDS Total funds brou￿1 foTrvdrd -103.626 23,634 TOTAL FUIYDS CARRIED FORWARD 256.66 303.626 The nLilcs form part of these tinancial SLqiemcnt5 Page 7 Britiyh Fiendy Of The R8bbt M2ir B**1 Haness Chgrity Shvjllre H#Chom￿s} lJ¥JiaDC¢ Shtet 3J MArtb 2025 linrcsiricied rund Tthal tunds CLRRENT ASSETS DLbtOTS C'tssli ai bank- 39.?W) )50.304 311.656 290.421 2x9.594 .121.Q77 CRTr.DITOILS Amount5 tallinb M'ithin vnl Vi411' 1.1?.9261 kT CIIKRE.YT A55E I'S ?5fi.66 .101.62fi J'O'J"AL.4SSF.'rs LFSS CbRKb'lil .IABII.I'I-IES 756.668 303.626 t%D:'I ASSF.TS 56.668 303.62 ITNDS UiirL4iricted fund5 14 256.668 303.626 TOTAI. FUliTrS 25th,668 303.626 Ihe finanLJal I'L'IL Jppfi>vLd bs. IhL' 14Lwrd vf Tiw$lLe8 and i¥LI'L %ignL* i)n 11$ ]￿half by.. Jnd aui114)riNeJ fo). is%u¢ J Baum¥ Th¢ notc% lorm pdn ol'ihc%c li￿1￿¢7￿1 stai¢inent. Brltlsh Fiends Of The Rabbi Melr Baal Hane55 Charity (Kollel Shornrei H#¢ltoThos Cash Flom. Statement ftsr the l'ear Ended 31 Marth 2025 3 1.3.25 31.3.24 Nuie5 Cash tloiTr$ from operatiiig aetiviti¢s Cash genLraicd from op¥raii¢)n% 14a,1721 250,564 Net cash lused inypr0i1dL￿d by (Iperating 8cijwilies 140.1721 Cash flow'5 from Investlng aetivilie5 IntLres1 TeL¢ived 55 344 Net Cash provided by iJive%iing a¢tLVlties 55 344 Change in cash and cash equivilents in the reporting period Cash and eash equivalvnts #t the beginning of the reporting period 140,1171 250.908 290.421 39,513 Cash and cash equivalÈnts at the end of th¢ r¢porting period 250,304 290,421 The noti'.% r(ITm part (IfihLse finanLial 4lalemciiL Page 9 Brilish Fiends Of The Rabbi Meir BaAI Charitv (Kollel Shtsmrei Hacltumos) F*'ote5 to the Ca$h FJOM. Staitmtnt for the l'ear Ended 31 March 2025 RECONC.11.IATION OF YET (EXPENDITLREIIINCOME TO NET CASH FLOW FROM OPERATING ACTIN'ITIES 31.3.24 et leipendilureVFn¢ome for the reporting period185 per the StAtemenl uf Financial Activities) Adju5tment5 for: InicrLs1 reLLived Ilncrea5elldecre2se in debtor% Incrc2scllde¢rcJ5cI in crcdiiors 146,95R I ?79,992 1551 18.6341 15,475 13441 14U,7641 Net cash lused iNVproTrided b). operations 140.1721 250,5(>4 ANALYSISOFCHAIYGE.S IN NET FUNDS At 114,'24 c.ash flow Al 311.3125 Net cash Cash ai bank 290,421 140.1171 250..304 29(1,471 140.1171 250.304 Total 290,4?1 140,1171 250,304 The notes fomi p(tri of tlie5c finanLial iiat¢m¢nt5 Page 10 Brill$h Fiend$ Of The Rabbi Meir B9al Hatless Charity (Kollel Shomrei Haehomos) Notes lo the Ftndincial Statemen15 for the l'ear Ended 31 .Marth 2025 ACCOUliTING POLICIES Basis of pr¥parith¥ thv fjnancial statement5 The financial .slatenienis ot Ihe LI￿rItY, whi¢li is a yublic benetii enriry under FRS 102. hai'e been prepared in accordancc with the Churities SORP IFRS 10?) 'ALiounling and Rcporting by ChJriti¢s.' SiatcmLni of RL¢(?mmLn(led PraciicL appltLablL 10 ¢hJriliLs PTLparing Iheir dLLOLini% in aiCL)rdancc wilh IhL Finiincial Rcponing Standard applirable in thc UK aiid Republic ()f Irelaiid IFRS 1021 leffeciiv¢ l January 20191,. Financial Reporting Siandard 102 'The Financial Reporting Siandard applicable in tlie UK and R¢public of Ireland, and the Charities ALt 2011. Thc ti￿nL7#1 stalLTncnts have been prcparLxl under the historical ¢05¢ onvL'ntioD. In¢ome All incomc is recO￿l￿ed In th¢ Sialcmctit of Financidl ALlii'ili¢% oiice Ihe cliariiy has ¢ntiil¢m¢nl lo thc fund%, Il IS PTobable that the incoine will be receivd and the amoiint can be mea%ured reliably. Expendtture Liabilities are recogynised as expenditure as soon as there is a lelial or ¢onsiruciive obligation committing ihe chariry 10 thai exPL￿dituTc. if is pl￿babIe thai a trdnslir uf economic benefiis M'ill bc rcquiTed in sLlllem¥i)t and Ihe aTnvuni ()f the obli¥?Jli(In Lan IL. rnL'asiirL(I rcliably. LxpLndJtllre 1% a¢c()unl¢d for on an aLLr￿￿1$ ba5i.q and has been cla%8ified linder h¢adiiig% Iliai aggrLib)aic )11 co%1 rclaied 10 the caiLgory. Whcre costs cannot b¢ dirccily attributed lo particul￿. headJn¥% they hai'e been allocaied to a¢iivili¢5 on d basis consi8teni with the u%e of rcsourccs. Cirants offered %ubj¢ul to conditions which have noi been mel al the year end date are noted a commiimenl bui not acciuc(l as e.xpciiditurL'. Tax?tion Thc chdnty is exempt from lax on its charitoble actii'ities. Fund #ccounling UnrLStnLied funds can be used in accordancL Wlth the churitablc objcctivcs ai the (lis¢relion of ihc irusieLs. Re%rricied funds. can only be uscd for particu12r rcsiricicd purposcs wiihin ilie obje¢t5' of ihc chariiy. Restriction5 arise when specified by the donor OT when fund5 are raised for particular rcslricred purpose8. Further cxplanaiion i)rthe nalurc and purpo%e ofeach fund 1% included in ihc notes io ihe financial %latcmcni%. DONATIONS AND I.F.GACIfr.S 31.3.25 31.3.24 Donations 1,556.802 1.728.461 Puge 11 Conlinued... British Flend5 ofThe Rabbi Meir Ba%] Haness Ch#ritv (Kollel 8homrei Ha¢hom051 Notts to the Fanan¢ial Statements- contlnued for the Year Ended 31 March 2025 INVESTMENT INcO￿tE 31.3.25 31.3.24 Deposit aecollnt inter¢sl 55 RAISIING FUNDS R41$lng donations and legicie5 31.3.24 Fund raistng events 3.1.07(1 5¢),669 CHARITABLE ACTII'II'IF.S COSTS CJTJnl fvnding of 15ee nul¢ 61 DunatEO]IS 1.527,Wlll GRANTS PAYABLF. 31.3.25 31.3.24 Donations 1.527,900 1,360.000 All grants were paid out lo Kollel Shomrei Flachomos-lsrael .SUPPORT COSTS Governance cosis Other resources expend¢d Pag¢ 12 ontinued... British Fiends Of The Rabbi Melr Baal Haness Chariti. (Kollel Shomrei Hathtsmosl Not¢s lo the Fin9nclal Sialements- ¢ontiDucd for th¥ l'ear Ended 31 March 2025 SUPPORT COSTS- continul Support cosis, includ¢(f iii Ihe above, dre ds folloiv%.' 31.3.24 (Ither iesource8 expended Total Wagcs Auditors, reniuneration Premises costs Bank ¢hargycs Sundrie 31.724 1,2(X) 5,200 821) 3,901 17,41)0 1,2DO 5.? 840 4.504 42.845 29.144 TRL'STEES, REMUT*EIi4TIONI AND BEliF.FII'S There were n(¥ ITU51ees' reniunetalioii or other benetit% for the y¢dr ended 31 March 2025 nor IOT ilie year ended 31 MarLh ?U24. Tru51ees' expen$e$ Thcre were no ITUSiecs' expense5 paid for lh¢ year cnded 31 March 2025 nor ftsT the year Lnded 31 March 2n24. STAFF COSTS 31.3.24 Wages and salarie 31.724 17.400 31,724 17,400 Thc avcrag¢ monthly number of cniploye¢% during Ihc yeJr was as follows.. 31.3.24 Numbcr of administraiivc sia No ¢mployees rec¢ived emolumcnis in exLe55 Ot £60,000. Page 13 Co￿11nutd... British Fiends Of The Rabbi Melr Ba#1 H#nes5 Chartty {Kollel Shornrei Hachomo$ Notes to the Financial Statemtnt5- ¢ontlnutd for the l'ear Ended 31 fvlarch 2025 10. COMPARA TII'ES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UtYestttcled tllnd I.NCOME AND ETrIDOWTr1ENTS FROM tk)naiions and legaciL 1,728.461 Investment income 344 Total 1.728.805 EXPENDITURE ON Rd14111¥ fuiids 59.669 Ch¥rilable activities Donaiioi)s 1,360,000 Other 29,144 Total 1,44¥.S13 Tr4ET INCOME 27I).gy2 RECONCILIATION OF FUNDS Tothl funds brought forn'ard 23,6_34 TOTAL FUNDS CARRIED FORWARD 30.7.626 ii. TAliCIBLE FIXED AS.SETS 0￿jeL & computcr equipmcnt COST At l April 2024 and 31 March 2025 2.754 DEPRECIATION At l April 2024 and.I l March 2025 2,754 NET BC)OK VALUE Ai.11 March 2025 Ai 31 MaTch 2024 Page 14 contirtued... Brlt5sh Fiend5 Of Tht Rabbi M¢lr Baal Hanes$ Charity IKolleI ShoTNrei Ilachomo$l Notes to thc FlnaNcial Stalem¢ni$- continued for ihe l'ear Ended 31 ￿tarch 21124 12. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other debiors -19.?90 30,656 CREDIT()RS: A%IOUYTS FALLING DUE WITHIY ONE YEAR 31.3.25 31.3.24 Trade LTLdiiors hcr credIto Accrued expense% 1.926 25,(K)O 6.U(M) 6,1)00 17,451 14. MOI'EMEYI T IN FUNDS Nei mvvemenr In fulld5 Al 114124 Ai 3113125 Lnre$tricted fund5 Cjcneral fuiid 303,626 146.9581 256.668 TOTAL FLNDS 30.3.626 146.9581 256,668 Nel moveinenl in funds. includ¢d in ihL abovL are a5 follows.. Incoming resourLes Resource5 expendcd Movernent in funds Unr¢strS¢tcd funds Generdl futt(I 1,556.R57 11.603,815) 146,95X) TOTAL FUNDS 1,556.857 {1.6().1.815) 146,9581 CoTnparatiTres for movement in funds Nct FnovcmLnt In fund5 Ai 11412.3 Ai.1113124 Unrestritted funds Cjeneral fund ?3.634 279,992 303.626 TOTAL FLIYDS 23,634 279.992 303.626 Page 15 continued... British Fiends Of The Rabbi Meir Bgal Haness Charity IKolleI Shomrei Hachomosl ,Yotcs to the Flllancial Stgtem¢ttts- continued for the Year Ended.11 March 21]25 14. MOVEi¥IENT IN FUNDS- continued CL)rnP