COMPANY REGISTRATION NUMBER.. 01798224 CHARITY REGISTRATION NUMBER: 289810 Pridegulf Limited Company Limited by Guarantee Unaudited Financial Statements 31 July 2025
Pridegulf Limited Company Limited by Guarantee Financial Slalemenls Year ended 31 July 2025 Page Trustees. annual report lincorporaling the directorfs report) Independent examiner's report to the trustees Slatement of financial activilies (including income and expenditure account) Slatement of financial position Notes to the financial statements
Pridegulf Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating ihe Direclor's Report) Year ended 31 July 2025 The Iruslees, who are also Ihe dire¢lors lor the purposes of company law, present their report and the unaudited financial statements ol the charity IOT the year erKled 31 Juty 2025. Reference and administrative details Registered charbty name Pridegull Limited Charlty reglstratlon num1 289810 Company regislration number 01798224 Prlnclpal offlce and reglstered 9 Windsor Court offlce Golders Green Road London NW119PP The truslg93 Mr A Ebert Mrs L Ebert Mrs L J Et*rt (ReSned 29 April 20251 Indopondont oxamlnor Abraham J Braceiner Structure, governance and management Sruelure The charity is an incorwraled entity limit&J by guarantee and established on 6th March 1984. Oblèctlv85 and a¢tlvlllè$ Charitable object$ Thè advancement ol religion in accordance wth the Orthodox Jewish laith and the relief ol poverty. Review ol activities The charity's principal activrty continued to be that ol SUp)rting institutions advancing the objects ol the charily. Public benelil The trustees have considered the Charity Commission's guKlelines on pUtlC benefit and consider that the Charrty Conforms wth them. Achievements and performance The charity made grants to four UK registered charities duriThJ the year.
Pridegulf Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating ihe Direclor's Report) I¢¢tInl? Year ended 31 July 2025 Flnanclal revlew Reserves The majority ol the charitys income is derived from investfflent income and covenanted receipts Pending the making ol grants, the charivs reserves are invested in lime deposrts with UK banks carrying a high investment rating. Small company provlslons This report has been prepared in accordance with the provisions appIae to companies entilled to the small companies exemption. The Iruslees, annual report was approved on 27 4)ril 2026 atKI signed on behalf ol the lJ)ard ol trustees by.. Mr A Ebert Truslg9
Pridegulf Limited Company Limited by Guarantee Independenl Examiner's Report to the Truslees of Pridegulf Limiled Year ended 31 July 2025 I report to Ihe Iruslees on my examination of the financi slalements ol Prmjegull knmiled I'lhe charilll lor the year ended 31 July 2025. Rgsponsibililies and basis of report As the Iruslees ol the company land also ils directors lor the purposes ol Company lawl you are responsible lor the preparation ol the linanciJ slalemenls in accordance wth Ihe requirernenls ol the Cornpanies Act 2006 Ilhe 2006 Act'l. Having satisfied myself that the accounts ol the cofflpany are not r&]uired to be aLKlited under Part 16 ol the 2006 Act and are eligible lor independent examination. I report in respect ol my examination ot the charity's accounts as carried out under section 145 01 the Charities Act 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 1451511bl ol the 2011 Act. Independent examlner's statement I have completed my examination. I conlimi that no matters have come to my attention in connection with the examination giving me cause lo b&lieve'. accounting records wero nol kepl in respecl ol the chanty as requirod by section 386 01 the 2006 Act,. or the Ilnancial statements do not accord wlh those records; or the financial slalemenls do not comply with the accounting requiremenls ol soclion 396 01 the 2006 Act other than any requirement that the accounts give a'lrue and lairf vvaw which is not a matter considered as part ol an irKlependenl examinalion,. or the financial slalemenls have not been prepared in accordance with the methods and principles ol the Slalemenl ol Recommended Praclice lor accounting and reporting by charities applicable lo charities preparirKJ their accounts in accordance with the Financial Reporting Slandard applicable in Ihe UK and Republic ol Ireland IFRS 1021. I have no coneerns and have come across no other matters in connection with the examination lo which attention should be drawn in Ihis report in order to enatle a proper understanding ol the accounts lo be reached. Abraham J Braceiner Independent Examiner 27 April 2026
Pridegulf Limited Company Limited by Guarantee Slatement of Financial Activities (including income and expenditure account) Year ended 31 July 2025 2025 Unrestricted funds Total funds Total funds 2024 Note Income and endowments Donations and legacies Investment income 11,703 93,801 11,703 93,801 4,650 71,318 Total Income 105,504 105,504 75,968 Expendlture Expenditure on charitable activities Tot81 expendlturè 68.518 68,518 55,654 68,518 68.518 55,654 Nel Income 36,986 36,986 20,314 Other recognlsed galns and losses Gains from revaluation ol fixed assets 564 537 Nel movement In lunds 37,550 37,S50 20,851 Reconclllatlon ol lunds Total funds brought forward Total lunds carrled forward 2.810.257 2.810,257 2,789,406 2,847,807 2,847,807 2.810,257 The slalemenl ol financial aclivilies includes all gains and losses recognised in the year. All income and expenditure derive Irorn wnlinuing activities. The notes on pages 7 to 12 forrn part of these finan¢4ql statements.
Pridegulf Limited Company Limited by Guarantee Slatement of Financial Position 31 July 2025 2025 2024 Note Flxed asgets Investments 10 15,065 14,501 Current assets Debtors Investments Cash al bank and in hand 12 13 11.703 4,650 977 2,790,729 2,821,586 2.833.342 2,796,356 Creditors: amounts falling due wlthln one year Net current assets 14 600 600 2.832,742 2,795,756 Total assets less current118bllltlès 2.847,807 2.810,257 Nel a¥891s 2,847,807 2,810,257 Funds of the ch8rbty Unreslricled funds.. Revaluation resorve Other unrestricted income lunds 12.190 2.835,617 11,626 2,798,631 Total unre$trlcled funds 2.847,807 2,810,257 Total charlty lunds 15 2.847.807 2.810,257 For the year ending 31 July 2025 the charity was enlilled lo exempts'on from aLKlil under section 477 of the Companies Acl 2006 relating lo small mPanIes. Directors, responsibilitiès.. The members have not required the company lo oblain an audit ol its financial slalemenls lor the year in question in accordance wilh sKlion 476,. The directors acknovledge Iherr reswnsibililies lor com.ng wilh the requirements ol the Act with respect lo accounting records and the preparalKsn ol linancial slalements. These financial slalements have tr*en prepared in accordancg wlh the provisions applicablg 10 companies subject to the small companies. regime. The statement of financial position continues on the following page. The notes on pages 7 to 12 forrn part of these financial statements.
Pridegulf Limited Company Limited by Guarantee Slatement of Financial Position 31 July 2025 These linanciJ statements were approved ty the trjard ol truslees and aulhorised lor issue on 27 April 2026, and are signed on behalf ol the board by: Mr A Ebert Trustee The notes on pages 7 to 12 forrn part of these finan¢4ql statements.
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 General Informatlon The charity is a public benefit 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 ollice is 9 Windsor Court, Golders Green Road, London, NW119PP. ststement ol compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial 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 Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Acl 2006. Accountlng pollcles Bo81s of preparatlon The financial slalemenls have b88n prepared on the historical cost basis. as modified by the revaluation ol certain financial assets a1 liab'lilies arKI investment properties measured al lair value through income or experKliturg. Thè financial statèmènts are prepared in sterling, whth is the functional currèncy ol the èntity. Golng ¢on¢ern There are no material uncertainlies about Ihe charit$ ability lo conlinuo. Dlsclosure exemptlon$ The entity salislies the criteria ol being a qualilying entity as defined in FRS 102. As such, advantage has been taken ol Ihe lollowing disclosu exemptions available under paragraph 1.12 of FRS 102.. lal No cash Ilow slalement has been presented lor the company. Ibl Disclosures in respgcl ol financial inslwmenls havo nol been prosenled. Consolld8tlon The charity is not required lo prepare consolidated accounts in accordance wlh the Charities Act 2011, and has taken advantage ol the oplion nol lo prepare consolidated financial slalgmenls contained in Section 398 01 the Companies Act 2006 on the basis Ihal the charity and ils subsidiary undertakings comprise a small group. Judgemonls and key sources ol estlmallon uncertalnly The prgparalion ol the financial slalements rgquir8s management lo make judggmgnls, eslimales and assumptions that all1 the amounts reported. These eslimales and judgements are continually reviewed and are based on experience arKI other factors, including expectations of lulure events that are believed to LE reasonable under the Circumstan5.
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 Accountlng pollcles InInO} Fund accountlng Unrestricted funds are available lor use at the discretion ol the trustees to further any of the charitys purtx)ses. Designated funds are unrestred fun(Ls earmarked by the Iwstees lor particular lulure project or commitment. Restricted funds are subjected to restrictions on their expeTKliture declared by the donor or through the terms ol an apal, a1 lall into one ol two sU¢laSses.. reslricled income funds or endowment funds. Incomlng resources All incorning resources are included in th6 statement of financial activities when enlillèmènl has passed lo the charity,. il is probable Ihal the economic benelits associaled with the transaction will flow lo the charity and the amounl can be reliably measured. The following specific policies are applied lo particular calegories ol incomg-. income Irom donations (y gianls is recognised when there is evidence ol enlillemenl lo the gift. receipt is probable and rts amount can be measured reliably. legacy income is renised when T¢1 is PToI)able arKI entitlement is eslablishgd. income from donated goods is measured al Ihe lair value ol the goods unless this is impractical lo measure reliabty, in which case the value is derived from the cost lo the donor or the estimated resalg value. Donated la¢ililies arKI services ar¢ recognised in thg aoUntS when received il the value can bg reliably measured. No amounis arg included lor the contribution ol general volunteers. income from contracts lor the supply ol services is recognised wlh the delivery ol the conlraclod seNco. This is classified as unreslricled funds Ljnless there is a contractual requirement lor it to be spent on a particular rpOSe and returned il unspent, in which ease il may be regarded as restricted.
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 Accountlng pollcles InInO} Resources expended Exnd(lure is recognised on an accruals basis as a liability is incuTred. Ex111Ure includès any VAT which cannot be lully recovered. and is classilied under headings ol the slalemenl ol financial aclivilies lo which il relales= expenditure on raising lunds includes the costs ol all fundraising activities, events, non- charitable trading activities, a1 the sale ol donated goods. expenditure on charitable activities irlUdeS all costs incurred ty a charity in undertaking activities that further its charitable aims lor the benelit ol its beneficiaries, including those support costs and costs relabng lo th6 governanc6 01 the charity apportioned lo charitable activities. other expenditure includes all experKliture thal is neTther relaled 10 raising funds lor the harity nor part ol its exFendilure on charitable activilies. All costs are allocated lo expendilure categories reflecting the use ol the resource. Direct costs allribulable lo a single activity are allocated directly lo that aclivity. Shared costs are apportioned between thg activities they conlribule to on a reasonable. jusliliable and consistent basis. Investments Unlisted equity investments are initially recorded al cost, and subsequently measured al lalr value. 11 lair value cannot be reliably measured. assets are measured al cost less impairment. Listed inveslmenis are measured al lair value wlh changes in lair value bging recognised in income or gxpendilure. LIMed by guoranlee Prideguw Limited is a company limited by guarantee atKI accordingty does not have a share capital. Donotlons 8nd legacles Unrestrle Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Donatlons Covenanted donation 11,703 11,703 4,650
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 Investment Income unreStrted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Income from listed investments Income from other investments Bank interest receivable 635 635 658 658 93,155 93.155 70.660 70,660 93.801 93,801 71.318 71,318 Analysls of grants 2025 KKL Charity The British Friends ol Neliv Aryeh Kisharon AchisoFnoch Aid Company Lld 40,000 12,000 5,000 5,000 62,000 Grants were made lo inslitulions in the lields ol educatn. religion and the relief ol povety. Independent examlnatlon lees 2025 2024 Fees payable lo the indepeThJenl examiner for: Indepgndenl examinalion ol the financial slalements 600 600 Trustee remuneratlon and expense8 No remuneration or other benelits Irom employmeni wth the charity or a related entity were received by the Iruslees. 10
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 10. Investments Shares in Listed group investments undertakings Total Cost or valuatlon At 1 August 2024 Additions Fair value movements 14.401 14,501 564 At 31 July 2025 Impalmient At 1 August 2024 and 31 July 2025 Carrylng amount At 31 July 2025 Al 31 July 2024 14,965 100 15,065 14,965 15,065 14.401 14,501 All investments shovm above are held al Valuatn. Flnanclal 458ets held at lalr value Listed investments are measured al lair value wlh changes in lair value being recognised in prolll or loss. 11. Investment entltles Subsldlarles and other Investments Class ol Percentage ol share shares held Registered offe Subsldlary undertaklngs Romstar Properties Ltd 9 Windsor Court LorKlon NW119PP Ordinary 100 12. Debtors 2025 2024 Arnounts owed by group undertakings 11.703 4,650 13. Investments 2025 2024 Hargreaves Lansdowne 977
Pridegulf Limited Company Limited by Guarantee Noles lo Ihe Financial Slalemenls Year ended 31 July 2025 14. Credltors: amounts falllng due wlthln one year 202S 2024 Accruals and delerr8d incom8 600 600 15. Analysls of charftable lunds Unrestrlcted funds Al 1 August 202 Gains and At losses 31 July 2025 Income Expenditure General tunds Revaluation resgrvg 2.798,631 11,626 105.504 168,5181 2,835,617 12,190 2.810,257 105.504 168,5181 564 2,847.807 Ai 1 August 202 Gains and Al losses 31 July 2024 Income ExndItUre Ggngral funds Rgvalualion reserve 2.778,317 11,089 75.968 155.6541 2,798,631 11,626 537 2,789.406 75,968 155,6541 537 2.810,257 16. Analysls of n8t assets behvtsn funds Unréstrieled Total Funds Funds 2025 Investments Current assets Creditors less than 1 year Net assets 15,065 2,833,342 16001 2,847,807 15,065 2,833,342 16001 2,847,807 Unreslricled Total Funds Funds 2024 Investments Current assets Creditors less than 1 year Ngt ass91$ 14,501 2.796,356 16001 2,810,257 14,501 2,796,356 16001 2,810,257 12