MACHZIKE HADATH COMMUNITY
REGISTEREO CHARITY: 289999
FINANCIAL STATEMENTS AND ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2025

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
INDEX
Pa
Contents
Trust information
Trustees, Annual Report
Report ofthe Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-14

MACHZIKE HADATH COMMUNITY
Incor
ratln
Machiike Hadath S
ue
TRUST INFOR￿TIoN
Registered Charity Number
289999
Trustees
Mr Gregory Roediger
Mr John Wosner
Independent Examiner
Shaya Gr055kopf FCA
18 Accountants
Chartered Accountants
Churchill House
137-139 Brent Street
London
NW4 4DJ
Principal Address
1-4 Highfield Road
London
NWII 9LU
Bankers
HSBC Bank PLC
40 Temple Fortune Parade
London
NWII OQU

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
na
ue
The trustees present their report and financial statements of the charity for the year ended
31 August 2025. The trustees confirm that the Annual Report and financial statements of the
trust comply with the current statutory requirements including recommended practice
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard IFRS 1021.
Charitable objects
The objerts of the Machzike Hadath Community are to oversee the administration of the
Machzike Hadath Synagogue, to deal with its burial ground and to attend to communal
matters such as assistance of the needy.
The Synagogue exists to further the practice and observance of traditional Orthodox judaism
in accordance with the dictate5 of the Shulchan Aruch and under the direction and guidance
of a Strictly orthodox Rav.
The trustees delegate the day to day operatlODS of the synagogue to the Executive Committee
which consists of a chairman and elected and co-opted members.
Govern5n8 d(Kuments
A Trust Deed describes the specific objects of the trust and the Trustees duties. The
synagogue's constitution deals with the responsibility of it5 Officer5 and General Meeting5.
The charity was registered with the Charity Commission as Machzike Hadath Community on
30 November 1984 IRegistration No. 2899991- preliminary constitution 1949.
Trustees
The trustees of the charity who served during the year and to date were as follows..
Mr Nathan David Colman Iresigned 31 August 2025}
Mr Gregory Roediger
Mr John Wosner
Actlvltles
The charity runs a burial society forthe benefit of the Community. Members of the Synagogue
are entitled to join on the payment of an annual subscription determined every year by the
trustees and collected by the SynagoEue Officers.

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
TRUSTEES, ANNUAL REPORT CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
na
ue
The synagogue holds daily services and lectures on religious matters and learning
programmes run by the Rav. These activities have been substantially expanded during the
vear with both members and non-members partlClP3ting. The synagogue continue5 to thrive
and membership numbers have increased satisfactorily.
The Charity is aware of the risks to which it is exposed and monitors them with the effect that
all such risks are mitigated wherever possible.
Financial review
Total income in the year was £197,29012024: £198,241). Expenditure was £177,66812024..
£203,221). Retained funds at the end of the financial year was £990.09512024.. £860,076).
Investments performed well during the year, increasing in value by 22% and investment
income was up by 16%. The Charity has sufficient resources to meet its day-to-day activities.
Annual expenditure currently runs at approximately £180,1￿). This is funded by membership
subscriptions and donations and is supplemented by the investment income which is
transferred to the synagogue accounting two instalments each year. During the year, the
balance sheet has strengthened and net assets were close to Elm at the year end.
Publlc beneflt
The principal activities of the charity during the year continued to be to promote traditional
Orthodox Judaism and its values. The trustees are aware of the Charity Commission guidance
on public benefit reporting as set out in Sedion 17 Charities Act 2011. The trustees believe
that the charity achieves a public benefit by providing these services as detailed throughout
this report and accounts.
Fund held as custodlan trustee
The Charity collects funds from its members to pass on to other Charities in the course of
collecting its own annual membership subscriptions. At the financial year end, the Charity
held £1,23212024.. £2,442) on behalf of the Board of Deputies of British Jews, £2,05312024..
£4,113) on behalf of the NW London Eruv Committee and £1,446 12024.. £9131 to the
Federation of Synagogues. all held for the advancement of the Orthodox Jewish faith.

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
TRUSTEES, ANNUAL REPORT CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
na
ue
Volunteers
The Trustees are grateful to volunteers who assist with the administration of the synagogue
and preparations for services and other events.
Statement of trustees, responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year,
which give a true and fair view of the state of affairs of the Charity and of its financial activities
for that year together with its assets and liabilities at the end of the year, and adequatelv
distinguish any material special Trust or other restricted fund of the Charity. In preparing
those financial statements the Trustees are required to:.
Select suitable accounting policies and then apply them consi5tently,'
Ibl
make judgements and estimates that are reasonable and prudent,.
Icl
state whether the policies adopted are in accordance with the appropriate SORP on
Accounting and Reporting by Charities and the Accounting Regulations and with
applicable accounting standards, subject to any material departures disclosed and
explained in the financial statements; and
Idl
prepare the financial statements on the going concern basis unless it is inappropriate
to assume that the Charity will continue in business.
The Trustees are responsible for keeping proper a¢¢ounting records which dis¢lose, with
reasonable accuracy at any time, the financial position of the Charity, and enable them to
ensure that the financial statements comply with applicable Accounting Standards and
Statements of Recommended Practice and the regulations made underthe Charities Act. They
are also responsible for safeguarding the assets of the Charity and hence fortaking reasonable
steps for the prevention and detection of fraud or other irregularities.
Approved by the Board of trustees and signed on its behalf by-
Mrj Wosner
Trustee
26 May 2026

Independent examlnerfs report to the trustees of fv1achzike Hadath Communlty
I report to the trustees on my examination of the accounts of the Machzike Hadath
Community Ithe Trust) for the year ended 31 August 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 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed 311 the applicable Directions
given by the Charity Commission under section 1451Sllbl of the Act.
Independent examlnerfs 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:
l. accounting records were not kept in respect of the Trust as required by section
130 of the Act; or
2. the accounts do not accord with those records- or
3. the accounts do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities IAccounts and Reportsl
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.
Shaya Grosskopf FCA
Ig Accountants
Chartered Atcountants
Churchill House
137-139 Brent Street
London NW4 4DJ
26 May 2026

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2025
Includln
Intome and Ex
ndlture Actount
Restritted Fund5 2025
Unrestricted Year ended 31 Year ended
Funds 2025
Au
USt 2025 31 Au
2024
Income from:
Membership fees
Grants, legacies, and
donations received
Sponsorship
48.834
56,348
48.834
48,935
90,954
14.619
70,967
12,480
12.480
8,810
Investment Income
Bank interest, movement in
fair value of investments,
and dividends receivable
Rental Income
33.059
33,059
28,542
31,950
31,950
21,000
Total Incomè
182 671
197 290
198 241
Charltable actlvlt5es
Affiliation fees
6,370
72,609
6,370
72,609
6,600
68,919
Synagogue and burial
expenses
Grants paid
Premises expenses
8,796
8.862
65.936
74,798
85,844
Depreciation
Bank charges
Legal and professional fee5
Office costs
10,198
2,458
12,656
11,198
688
688
669
2,909
2,909
2,309
7,638
7,638
18,886
203 221
Total ex
endlture
Net gains on disposal of
investments
110,397
110,397
73,554
Total
the
deflclt
Income for
130 019
Fund5 brought forward
81,638
778,438
860,076
791,502
Funds carrled farward
912 898
990 095
860 076

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
BALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
Note
FIXED ASSETS
Tangible fixed assets
116,917
113,166
Investments
829,804
678,585
946,721
791,751
CURRENT ASSETS
Debtor5
17,737
25,583
Cash at bank and in hand
53,596
75,400
71,333
100,983
CREOITORS
Amounts falling due within l year
127,9591
132,6581
NET CURRENT ASSETS
43,374
68,325
NET ASSETS
990,095
860,076
FUNDS
Restricted
77,197
81,638
Unrestricted
912,898
778,438
990,095
860,076
Approved by the Board of Trustees and signed on its behalf by=
Mrj Wosner
Trustee
26 May 2026
The attached notes form part of these Financial Statements.

MACHZIKE HADATH COMMUNITY
Intor
oratln
Machzike Hadath S
NOTESTO THE FINANCIALSTATEMENrs
FOR THE YEAR ENDED 31 AUGUST 2025
na
ue
ACCOUNTING POLICIES
Accountin
Convention
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Prattice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 1021 leffective l January 20151
(Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
The Trust meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy notelsl.
In common with many charitable organi5ations. the Trust is dependent upon the
receipt of donations and voluntary income. The continuing receipt of svch fund5
cannot always be predicted with certainty and the accounts have been prepared on
the basis that funds will continue to be received at a level sufficient to enable the Trust
to carry out day to day running expenses and fulfill its charitable objectives. As much
of the deficit relates to investment losses which are expected to be reversed, and
based on a review of the Trust's plans for next year, and the Trust's considerable
reserves, the trustees have elected to use the going ¢on¢ern basis of accounting.
De
reciation
Depreciation of Tangible Fixed Assets is charged as follows'.-
Freehold improvements:
Furniture and flooring:
Plant, machinery, other fixtures & fittings:
15% reducing balance
15% straight line
25% reducing balance
Icl
enditure
Expenditure is charged to the income and expenditure account on an accruals basis.
Fund Accountin
Idl
Unrestricted fund5 comprise accumulated surpluses and deficits on the general fund.
They are available for use at the discretion of the trustees in furtherance of the
Charitls general charitable objectives.
Restricted funds represent funds collected or earmarked specifically for application
to specific activities.

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
NOTESTO THE FINANCIAL STATEMENTS CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
na
ue
lel
Income
Grant income has been recognised when all the performance conditions attached to
the grant lif there are any such conditions) have been fulfilled. Donations are
recognised when paid. Membership income is recognised over the course of the
membership year. Other sponsorship income is recognised when the Trust becomes
constructively entitled to funds. The Trust is dependent on the work of volunteers but
is unable to reliably value the benefit derived thereby.
Le
al Status of the Trust
The Trust was established by a deed in 1924. The charity was registered with the
Charity Commission as Machzike Hadath Community on 30 November 1984
(Registration No. 2899991- preliminary constitution 1949.
181
Cash flow statement
The Trust has applied the exemption in Section 1.12A of FRS102 relating to the
preparation of a cash flow statement.
Ihl
Investment5
Equity investments are valued where possible at their fair value determined by
reference to a publicly traded liquid stock exchange.
Net income
ex
enditure
Net income/lexpenditurel 15 Stated after charging
2025
2024
Depreciation
Wages and salaries (included in office costs and
synagogue costs)
Accountancy and independent examination fees
12,656
39,066
11.198
37,789
2,874
2,274
Goin
Concern
In the opinion of the Trustees after considering the significant net funds of the charity,
there are no material uncertainties to the status of the Charity as a going concern, and
the account5 have been prepared accordingly.
Investments
Investments including both equity and debt instrument5 held as part of an
investment portfolio are stated at their fair Imarketl values in a widely traded market,
and movements in this value are recogni5ed in the statement of financial affair5.
io

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
NOTESTO THE FINANCIALSTATEMENTS CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Staff and trustees
During the year the Trust employed 312024- 31 employees. Trustees were not paid for
their services and no expenses were reimbursed to any of the trustees during the year.
Iml
Taxation
The trust is exempt from income taxation. As the Trust cannot recover VAT,
irrecoverable VAT is included in its expenditure.
TANGIBLE FIXED ASSETS
hin
fixtures and fittin
Fr
rovemen
Cost
At I September 2024
156.519
27,368
183,887
Additions
16,407
16,407
At 31 Au8USt 2025
172.926
27,368
2￿,294
De
reciation
At I September 2024
47.007
23.714
70,721
Charge for the year
12,108
12,656
At 31 August 2025
59.115
24.262
83,377
Net book value
At 31 August 2025
113,811
3,106
116,917
At 31 August 2024
109.512
3,654
113,166
Though it is carried at nil cost in the balance sheet. the property at 14 Highfield Road, London,
NWII, has been held since 1999 jointly on trust by Mach2ike Hadath CommLJnity and the
Federation of Synagogues Trust Corporation for the benefit of Machzike Hadath
Congregation. In addition. the Community owns an area of land at Carterhatch Lane Cemetery,
Enfield, reserved for members of its burial scheme, and likewise held at nil cost.
li

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
NOTESTO THE FINANCIALSTATEMENTS CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
INVESTMENTS=
2025
2024
Market value brought forwards
678,585
686,163
Cost of additions
234.815
121,996
Book value of disposals
1177,4361
1197,3941
Movement in fair market value
93,840
67.820
829,804
All investments are held in equity instruments in the current and prior year.
678,585
DÉBTORS..
2025
2024
Other debtors
8,379
11,495
Prepayments and accrued Income
9,358
14,088
17,737
25,583
CREDITORS.. Amounts falling due within one year
2025
2024
Trade creditors
9,870
17,463
Tax and Social security
561
Other (￿dItorS
5,971
11,599
Accruals, income in advance and defer￿d income
12,118
3,035
27.959
32.658
Other creditors include £4.73112024.. £7.4681 of funds held as agent for other charities as set
out in the trustees. report.
12

MACHZIKE HADATH COMMUNITY
Incor
oratin
Machzike Hadath S
NOTESTO THE FINANCIALSTATEMENTS CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS
Balance at I
September
2024
Incoming
resources
Resources
expended
Transferred
from / Itol
general
funds
Funds at 31
August 2025
Security Fund
822
14.619
18.7071
6,734
Building Fund
36.468
110.3531
26,115
Burial Fund
38,
38,900
Welfare Fund
5,448
Total
81.638
14.619
119.0601
77,197
Balance at
I September
2023
Incoming
resources
Resources
expended
Transferred
to general
fund5
Funds at 31
August 2024
Security Funil
1,097
5,103
18,3071
2,929
822
Building Fund
49,640
113,1721
36,468
Burial Fund
42,SCKI
13,6001
38,900
Welfare Fund
8,614
5,630
18,7961
5,448
Total
101,851
10,733
133,8751
2,929
81,638
The Security Fund represents grants provided by the Community Security Trust, 3 UK registered
tharity. in respect of manned securrty provided during services and 5ecurrty equipment repairs and
purchases. The balance atthe year-end is represented by tangiblefixed assets of £61612Q24.. £8221
held in tangible fixed assets and £6.11812024.. £nill held in cash.
The Building Fund represents grants earmarked for the refurbishment and renewal of the
synagogue building. The Building Fund at the year-end is represented by tangible fixed assets of
£26,11512024.. £36,468).
The Burial Fund represents amounts earmarked by the trustees towards meeting the
commitments of the Synagogue to subscribers of its Burial Scheme. The Burial Fund balance of
£38,9(X)12024.. £38,900) is represented by investments.
13

MACHZIKE HADATH COMMUNITY
Intor
oratin
Machzike Hadath S na
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
FOR THE YEAR ENDED 31 AUGUST 2025
ue
The Gemach (Welfare) Fund represents amounts earmarked by donors towards the alleviation of
poverty in the local community. The Welfare Fund balance at the year-end of £5,448 12024..
£5,448) is held in cash.
RELATED PARTY TRANSACTIONS AND TRANSACTIONS WITH TRUSTEES
The trustees are all members of the charity and contribute membership subscriptions at the
standard rate applicable to all members.
In addition to membership subscriptions. the aggregate amount donated by trustees to the
charity during the financial reporting year was £8.03412024.. £11.7001.
Grants paid to a charity associated by common management are disclosed in note 8.
GRANTS PAID
During the year the charity made grants of £nil12024.' £8,796) to MH Gemach, a UK registered
charity of which Gregory Roediger is a trustee, which is an associate of the Charity by virtue
of common management. The grant was made for the purpose of the alleviation of poverty.
14