COMPANY REGISTRATION NUMBER: 01609299
CHARrrY REGISTRATION NUMBER: 295554
DENCOMMON LIMITED
COMPANY LIMITKD BY GUARANTEE
UNAUDrrED FINANCIAL STATEMEiYrs
31 MARCH 2024
COHEN ARNOLD
Clwtered Accountants
New Burlington HO￿se
1075 Finchlcy Road
London
NWI I OPU

DENCOMMON LIMtTED
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
PAGES
Trnst¢¢s' Annual Report (IncoLTrorating the Direclof s Rq)ort)
Independent Examiner's Report to the Trustees
Statement of Financial Activities (Including Income and Expenditure
Account)
Statement of Financial Position
Ito3
Notes to the Financial Statements
7t014

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEESI ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2024
The trustees, who are also th¢ direetors for the purposes of company law, present their report and the
unaudited financial statements of the Charity for the year ended 31 March 2024.
REFERENCE AND ADMINISTIL4TIVE DETAILS
Registered charity oame
Ch8rity registralion number
Company registration number 01609299
Principal O￿lee reEiStered 34 Princes Park Avenue
office
London
NWII OJT
D¢ncommon Limited
295554
THE TRUSTEES
Mr L H Bondi
Mrs H F Bondi
Mr S Bondi
Mr H Bondi
COMPANY SECRETARY
Mrs H F Bondi
]NDEPEI¥DELYt EXAMINER B Le1￿ FCA
New Burlington House
1075 Finchley Road
London
NWII OPU
STRUCTURE. GOVERNANCE AND MANAGEMENr
The charity is constituted as a company limited by guardntse, and is therefore governed by its
Memorandum and Articles of Asso¢iation.
The governors (trustees) adniinisler the day-to-day affairs of the charity. None of the trustees have any
beneficial interest in the charity.
It is not currently the intention of th¢ trustees of the charity to appoint new trustees. Should the situation
change in the future, the trustees will apply suitable recruitment training and induction procedures.

DENCOMMON LIMITED
COIIqPANY LIMITED BY GUARANTEE
TRUSTEES, ANNUAL REPORT (1Tr4CORPORATING THE DIRECTOR'S REPORT)
(coNlihMed)
YEAR ENDED 31 MARCH 2024
OBJECTIVES AIW ACTIVITIES
The charity is established to further those purwses boih in the United tQin8dom and abroad r¢¢ognised
as charitable by English Law and in fijrtherance of the aforernentioned obj￿ts.
The charity receives income mainly from it5 property investments and ¢haritable receipts under gift aid,
whi¢h it utilises in the provision and distribution of grdnts and donations.
The ehArity's principle activity throughout the y¢8r was the provision and distribution of donations and
grants to organisations, no change is envisaged in the immediate future.
The trustees cottfirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when revi¢win8 the charitys aims and objectives and in planning
future activities and settin8 the grant Tnaking policy for the year.
ACHIEVEMENTS AND PERFORMANCE
During the year the company continued to pursue its philanthropic objects in support of educational.
religious and other charitable organisations and aggregate donations of £69,310 (2023-. £70.700) were
paid.
FINANCIAL REVIEW
The financial results of the Charitys activities for the year to 31 March 2024 are fully reflected in the
attached Financial Statements together with the notes thereon.
Regerve Pollcy
It is the policy of the charity to maintain unrestricted funds, which includethe free reserves ofthe charity,
at a level which the trustees think appropriate. after considering th¢ ￿t￿re commitments of the charity
and the likely costs of the charity for the next year. The trLbSte¢s have not und¢rtak¢n any fornial
charitable ¢omtnilments and consider that the charity will generate suffici¢nt income from its investment
prop¢rti¢s and froTn donations to fund its ongoing a¢tivities.
At 31 March 2024 the charity had unrestricted funds aggregating £925.981.
Grant Making Policy
Grants are made lo charitable institutions and organisations which accord with the objects of the charity-
The trnstees are approached for donations by a wide vari¢ty of charitable institutions operating &ll over
England. The trnstees consider all requests which they receiv¢ and make donations based on th¢ level
of funds availabl¢.
Investment Powers and Policy
The charity has powers to make investments in accordance with its constitution&l documents. The
trustees consider appropriate and judicious investtments which could generate income and capital growth
in the tnedium tern) to enable the charity to continuc its charitable activities into the future whilst
maintaining free reserves to enable it to cany out its activiti¢s in the immediate lenn.

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
TRUSTEESI ANNUAL REPORT ONCORPORATING THE DIRECTOR'S REPORT)
YEAR ENDED 31 MARCH 2024
PLAY4S FOR FUTURE PERIODS
In deterniining the level of charitable grants and donations that the charity may make, the trustees
consid¢r the income available for such PUTpose8 from its investment properti¢5.
PRINCIPAL RISKS AND iJNCERTAINTIES
Risk Management
The trustees plan to continue to make distributions in accordance with their grant making policy and to
ensure that an appropriat¢ level of reserves is maintained. The trustees have identified and reviewed the
major risks to which the charity is exwsed, in particular ihose relat¢d lo the operations and finance of
th¢ charity, and aff satisfied that systems in place to mana¥e those risks.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provision5 applicable to companies entttled to the
small companies exemption.
The trustees, annual retK)rt was approved on Ig.0%C￿￿￿c..%￿￿. and signed on behalf of the board of
trustees by:
MrH
Trustee

DENCOMMOIY LIMITED
COMPANY LIMITED BY GUARANTEE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF DENCOMMON
LIMITED
YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of the financial statements of Dencommon Limited ('the
charity,) for the year ended 31 March 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees of the c()mpany (and also its directors for the purposes of Company law) you
are r¢sponsible forthe preparation ofthe a¢¢ountS In accordance with the requiretllents ofthe Companies
Act 2006 ('Ihe 2006 Act.).
Having satisfied myself that the ￿￿OUnt5 of the company are not requitEd to be audited under Part 16
of the 2006 Act and are eligible for ind¢p¢ndent ¢xamination, I report in respect of my examinatiOD of
your Charity's accounts as c￿Tled out under section 145 of the Charities Aci 2011 ('the 201 l Act.). In
carrying out my examination I have followed the Directions given by the Charity Commission und
section 145(5) (b) of the 2011 Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. l ¢onfirni that no matters have Come to my attention in connection
with the examination giving me cause to believe..
accounling records were not kept in resp¢ct of the charity as required by section 386 of the
2006 ACL or
the financial statements do not accord with those records" or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act 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- or
the financial statements have not been prepared in accordance with the methods and
principles of the Statement of Recomm¢nded Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordan¢e with thc Financial
Reportin8 Standard appli¢able in the UK and Republic of Ireland (FRS 102)-
I have no concerns and have come ￿rO$S no other matter5 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.
B Leigh FCA
Indep￿dent Examiner
New Burlington House
1075 Finchl¢y Road
London
NWII OPU

DENCOMMON LIMITED
COMPANY LIMITED B Y GUARANTEE
STATEMENf OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 31 MARCH 2024
2024
Unrestricted
funds Total fund5 Total funds
2023
Note
Income endowments
Donations and l¢ga¢i¢s
Investment income
6,000
118,538
6,0(Kl
118,538
30,000
103,122
Total income
124,538
124038
133.122
Expenditure
Expenditure on Taising funds-
Investment management costs
Expenditure on charitable activities
Total expenditure
(39.120)
(39,120)
(54.468)
(79,384)
(79J84)
(80.983)
(118,504) (118,504) (135.451)
Net gainsl{loss¢s) on investments
193
193
(272)
Net illcome/(expenditure) and net movement in funds
6,227
6,227
(2,601)
ReconeiliY41ion of funds
Total funds brought forward
Total funds ¢arried forward
919,754
919,754
922,355
925,981
925,981
919,754
The statement of financial activities include5 all gains and losses recognised in the y¢ar.
All income and expenditure derive from continuing activities.
All movements wer¢ in Unrestricted Funds.
The notes OD pays 7 to 14 form part of th¢$t fiThantiAI ststernents.

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
STATEMENT OF FINANCIAL POSITION
31 MARCH 2024
2024
2023
Note
FIXED ASSETS
Tangible fixed assets
Investments
16
17
1,075,954
2,006
1.076,068
1,813
1,077.881
1.077,960
CURRENT ASSETS
Debtors
Cash at bank and in hand
18
17.148
9814
19.171
.497
26.962
20.668
CREDITORS". amounts falling due
within one yur
NET CURRENT LIABILITIES
19
(178,941)
(178.795)
(151979)
(158,127)
TOTAL ASSETS LESS CURRENT
LIABILITIES
925,981
919,754
919,754
NET ASSETS
925,981
FUNDS OF THE CHARITY
Unrestricted funds
925,981
925,981
919,754
Total charity funds
20
919.754
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small cofflpanies.
Directors, responsibilities=
The Tnemb¢rs have not required the company to obtain an audit of its financial statements for the
year in question in accordance with se¢tion 476-
The directors acknowledge their r¢sponsibilities for complying with the requirements of the Act
with re$￿ct to ac¢ountin8 records and the pr¢pardtion of financial statements.
These financial statements hav¢ been prepaffd in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial statevnents were approved by the ly)ard of trustees and authorised for issue on
Iin£(£tthi..￿.4 and are si
on beh&lf of the board by..
Mr H Bondi
Trustee
The notss on pxge5 7 to 14 forni pArt of thes¢ fin*ne•g1 statemeTrts.

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
GENERAL INFORMATION
The charity ts a public benefit entity and a private company limited by guarantee, registeJEd in
England and Wales and a registered charity in England and Wale5. The address of the registered
office is 34 Princes Park Avenue, LA)ndon. NWI I OJT.
STATEMENT OF COMPLIANCE
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 applicabl¢ lo ¢harities preparin8 their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SOIiP (FRS 102)) and the Companies Act 2006.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have ￿en prepared on the historical cost basis. as modified by the
revaluation of ¢¢rtain f￿ancial assets and liabilities and invesÉment properties measured at fair
value through income or expenditure.
The financial statem¢nts are prepared in sterling, which is the functional currency of the entity.
The Charity meets the definition of a public benefit entity under FRS 102.
GoiDg concern
The financial ststements have been prepared in accordance with the accounting principles
appropriate to a going concern, as the trustees have a reasonable expectation that the charity has
adequate resources to continue in op¢rational existen¢¢ for the foreseeable future by meeting its
liabilities as they fall due, based on suppN)rt from the principal creditor.
Judgemettts and key sources of estim&tioD uneertaillty
In the application of the chariws accounting policies, the trust¢es are required to make judgements.
estimates and assumptions about the Carrying atnounts of assets and liabilities that are not readily
apparent from other Sou￿¢5. These estimates and associated assumptions are based on historical
experience and other factors that are considered io be relevant. Actual results may differfrom these
¢stimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estitnates are recognised in the period in which the estimate is revised if the revision
affects only that period, or in the period of the r¢vision and future periods if the revision affects
both current and future periods.
The trustees do not consider ther¢ are any critical judgements or sources of estimation uncertainty
requiring disclosure beyond the accounting pjlicies listed below.

DEIYCOMMON LIMITED
COMPANY LIMITED BY GUAtL4NfEE
NOTES TO THE FINANCIAL STATEMENfs
YEAR ENDED 31 MARCH 2024
AcCOuNT￿G POLICLES
Investment Properties
Investment properties are properties which are held either to earn rental income or for capitsl
appreciation or for both. Investment properties are recognised initially at cost.
Subsequent to initial recognition -
(i) Investment properties are held at fair value. Any gains or losses arising from changes in the fair
value are re¢ognised in the income and expenditure account in the period that they arise; and (li)
No depreciation is provided in respect of investment properties applying the fair value model.
Investment property fair value is determined by the trustees based on professional valuations. their
understanding of property market ¢onditions and th¢ specific properties concerned using a sales
valuation approach, derived from recent comparable transactions on the markei adjusted by
applying discounts to reflect ststus of occupation and condition.
Acquisltions and disposab of properties
Acquisitions and disposals of properties are considered to take pla¢e at the legal completion and
are included in Ihe financial statements accordingly.
Trade debtors
The trustees use details of the age of trade d¢biors and the ststus of any disputes together with
external evidence of the credit status of the counterparty in making judgements ¢on¢ernin8 any
need to impair the carrying valu¢s.
Taxation
The charity is not liable to direct taxation on its income or gains. whether realised or not, as it falls
within the various exemplions liable to registered charities. Accordingly, the charity does not
recognise any deferred tax liability on property revaluations as no tu would be dv¢ in the event of
a disposal as th¢ charity would benefit from the relevant exemptions. as it will apply oll funds for
qualifying charitable putposes.
Fund accoulltiog
General unrestricted fund5 comprise ihe accumulated surplus or deficit on income and expenditure
account. They are available for use at the discretion of the trustees in furtherance of the general
obje¢tives of the charity.
Restricted funds are fi]nds subjeci to specific restricted condilions Imposed by donors. There are
no restricted funds as at the balance sheet date.
Designated funds are funds which have been set aside at the discretion of the trustees for specific
purposes. There are no designatd funds as at th¢ Balance Sheet date.
Ineoming resources
All 1￿cOMe is included in th¢ statement of financial activities when enlitlement has passed to the
charity, it is probable that the ¢¢onomic benefits associated with the transaction will flow to the
charity and the amount can be reliably tneasured.

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANfEE
NOTES TO THE FINANCIAL STATEMEIYTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES f¢oniillued)
Incoming resources (¢oth#edJ
Income from donations or grants is recognised when there is evid¢nee of entitlement to the gilL
receipt is probable and 115 amount can be measured reliably.
Resources expended
Exp¢nditure is Charged on an accrual basis and allocated Éo the appropri&te headings in th¢
accounts.
The Majority of costs are directly attributable to specific ￿tIvIties. Costs incurred in respecl of the
charitable activities include attributable support costs where applicable.
Depretiatlon
Depreciation is calculated 50 as to write off the cost or valuation of an ass¢L less its residual value.
over the useful economic life of that asset as follows:
Fixtures & Fittings
Investments
200/0 reducing balance
Listed investments are measured at fair value with changes in fair value being recognised in inwm¢
or expenditure.
Financial instruments
A financial ass¢t or a f&nancial liability is recognised only when the entity becoTnes a party lo the
contrnctual provisions of the instrum¢nt.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs, unless the atTangement constitute5 a financing transaction, where it
is recognised at th¢ present value of the future payments discounted at a market rate of interest for
a sirttilaT debt instrument.
Other financial instrum¢nts are subsequently measured at fair value, with any changes recognised
in profit or loss.
Debt instruments are subsequently measured at amortised cosl.
Financial assets that ar¢ m¢asured at Cost or amort15ed cost are reviewed for objective evidence of
impairnient at the end of each reporting dat¢. If there is objective evidence of impairn]ent, an
impairnient1055 15 re¢ognis¢d under the appropriate h¢ading in the statetnent of financial activities
in which the initial gain was reco8ni5ed.
All other financial assets are assessed individually for impairnient.
Any reversals of itnpairtnent are recognised immediatelyy to the extent that the reversal does not
result in a carying amount of the financial asset that ex¢eeds what the ¢8rying atnount would have
been had the impairment not previously been recognised.

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS (cofftlnmed)
YEAR ENDED 31 MARCH 2024
LIMITED BY GUARANTEE
The charity is a company limited by guarantee and has no share capital. The liability of ¢￿h
member in the event of winding up is limited to £1.
DONATIONS AND LEGACIES
Unrestricted Totsl Funds Unrestricted Totsl Funds
Funds
2024
Funds
2023
DONATIONS
Donations received
6,000
6,0(Kl
30,000
30,000
INVESTMENT INCOME
Unrestricted Total Fund$ Unrestrictsd Total Funds
Funds
2024
Fund5
2023
Rent and charges receivable
118,538
118J38
103,122
103.122
INVESTMENT MANAGEMENT COSTS
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Investment property management
costs
39,120
39,120
54,468
54.468
EXPEI¥DfTURE ON CHARrrABLE AcfIviTIES BY FUND TYPE
Unrestricted Totsl FuDds Unrestricted Total Fund5
Funds
2024
Funds
2023
Donations paid
Support costs
69,310
10,074
69,31
10,074
70.700
10,283
70.700
10,283
79,384
79J84
80,983
80,983
EXPENDfTURE ON CHAR￿ABLE ACTIVITIES BY AcTIv￿y TYPE
Grant
funding of
activiti¢s Support costs
Total funds
2024
Total fund
2023
Donations p&id
Governance costs
69.310
69JlO
10,074
70.700
10,283
10.074
10.074
69.310
79J84
80.983
io

DENCOMMOIY LIMITED
COMPAIYY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENTS {eontirt4e41
YEAR ENDED 31 MARCH 2024
10. ANALYSIS OF GIL4NTS
2024
2023
GRANTS TO INSTITUTIONS
Furth¢rance of education, relief of poverty and advancement of
religion
Total grants
69,310
69JlO
70,700
70,700
The composition of donations is shown b¢low.
Amud Hatzdokoh Trust
Achisomoch Aid Company Limited
Kolyom Trust Limited
Keren H&torah
Chevras Mo'oz Ladol
One Heart- Lev Echod
Yishaya Adler Memorial Fund
Friends of Kupat Hakahal Kirhyat Seftr
Friends of Gaon Yaakov
Ichud Mosdos Gur Limited
Colel Polen Kupath Ratnban Limited
Sin&i Synagogue
Koll¢l Zichron Shaul
Institute for Higher Rabbinical Studies
Yesamach t£vav
l£ss than £l.000
12,6
8,500
8,0110
6,5110
6,180
5,000
3,540
3,050
2,500
2,500
2,000
2,000
iJoo
1,200
I,(￿0
Total
69,310
11. NET GAllYSI(LOSSES) ON INVESTMENTS
Unrestri¢t¢d Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gainsl(losses) on listed investtnents
193
193
(272)
(272)
12. NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargIn￿(credIti￿g).
2024
2023
Deprecialion of taDgible fixed asset5
114
142

DENCOMMON LIMITED
COMPANY LIMITED BY GUARANfEE
NOTES TO THE FINANCIAL STATEMEIYTS
YEAR ENDED 31 MARCH 2024
13. INDEPENDENT EXAMINATION FEES
2024
2023
Fees payable to the independent examiner for..
Independenl examination of the financial statements
4,320
4,320
Oth¢r professional fees of £300 (2023.. £-) were paid to the independent examiner.
14. EMPLOYEE NUMBERS
The avernge head count of employees. including thjstees, during th¢ year was 4 (2023.. 4).
No salaries or wages have be¢n paid to employe¢s during the year.
15. TRUSTEE REMUNERATION AND EXPENSES
No salaries or wages have been paid to employees. including the trustees, during the year. The
charity did not meet any individual expenses incurred by th¢ trustees for services provided to the
charity.
16. TANGIBLE FIXED ASSETS
Freehold Fixtures and
properties
fittings
Totsl
Cost
At l April 2023 and 31 March 2024
Depreciation
At l April 2023
Charge for the year
At 31 March 2024
,075,500
2,911
1,078AII
2,343
114
2J43
114
2,457
2,457
Carrying gmount
Ai 31 March 2024
1,075,500
1,075,500
454
1,075,954
At 31 March 2023
568
1,076,068
The historical cost of the properties is £127,710.
12

DENCOMMON LIMITED
COMPANY LIMITED BY GUAIL4NTEE
NOTES TO THE FINANCIAL STATEMEI¥4TS
YEAR ENDED 31 MARCH 2024
17. INVESTMENTS
Llsted
inveslments
Cost or valuatio
At l April 2023
Additions
Fair value movements
1313
193
At 31 March 2024
2,01)6
Impairnient
At l April 2023 and 31 March 2024
Carrying amount
At 31 Mareb 2024
2,006
At 31 March 2023
1,813
All investments shown above ar¢ held at valuation.
Listed investments
Investments ar¢ me&5ured at fair value using quoted market share prices.
18. DEwfoRS
2024
2023
Trade debtors
Prepayments and accrued income
17.148
18.414
757
17,148
19,171
19. CREDrroRS: amounts falling due within one year
2024
2023
Trnd¢ creditors
Accruals and deferred income
Other creditors
20
4,320
174,455
178,795
4J20
174,621
178,941
Included in other creditors are interest free loans of £140,000 due to companies with a director
who is a trustee of the charity and £24,138 due to the trustees of the charity.
13

DEIYCOMMON LIMITED
COMPANY LIMITED BY GUARANTEE
NOTES TO THE FINANCIAL STATEMENfs (cvntimuerf)
YEAR ENDED 31 MARCH 2024
20. ANALYSIS OF CHARITAB1￿ FUNDS
Ullrestrided fullds
At
l April
2023
At
Gains and 31 March
losses
2024
Income Expenditure
General funds
919,754
124,538
(118,504)
193
925,981
At
April
2022
At
31 March
2023
Gains and
losses
Income Expenditure
General funds
922.355
133,122
(135,451)
(272)
919.754
21. ANALYSIS OF NET ASSETS BETWEEP4 FUNDS
Unrestricted Total Funds
Funds
2024
Investtnents
Current assets
Creditor5 less than l year
1,077,960
1,077,960
26,962
26,962
(178.941) (178,941)
925,981
925,981
Net assets
Unrestricted Totsl Funds
Funds
2023
Investments
Current assets
Creditors less ihan l year
Net 4S8ets
I,077,881
1,077.881
20,668
20.668
(178,795) {178,795)
919,754
919,754
22. RELATED PARTY TRANSACTIONS
During the year, donations of £6,000 were received from companieslcharities wtth wmmon
dire¢torsltrustees.
Donations of £6.500 were paid to charities of which a tntst¢e of this charity is also a trustee.
14