REGISTERED CHARITY NUMBER: 298814 Roport of tho Trustoes and Financlal Statements For The Year Ended 31 March 2025 for The Frfonds of the Yo$hlvat Har Etzlon Trust
The Frfends of the Yoshlvat Har Etzion Trtt Contonts of the Flnanclal Stst•m•nts for the Yoar Endéd 31 March 2025 Pag• Report of the Trustees ststement of Financial Ac1NiIS Balance Sheet 4t05 ststement of Cashflow6 Notes to the Financial Ststements 7t09 Detsil6d Slalement of Fin8ndal Activitjes 10
The Friends of the Yeshivat Har Etzlon Trust Report of tho Trustses for tho Year Ended 31 Mah 2025 The trustees of the charity present their report with the unaudited financial statements of the charity for the year end&J 31 March 2025. The financial statements Lxjmply with the Charities Act 2011 and Accounting and Reporting by Charities: Ststement of Recommended Practice applicable lo charities preparing their accounts in accordan with the Financial ReFX)rting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2015)- Registered Charity number 298814 Registered office 25 Broughton Avenue Finchley, London N3 3ES Trustees Rabbi D Roselaar S Ebert STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng documènt The charity is controlled by its goveming dctument, a deed of trust. dated 22 Febnjary 1988. Risk manag•rnent The trustees have a duty to identify and rewew the risks to vknith the chaty is exposed and lo ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Board is satisfied that such (¥trOlS are in place arKI that al risks are rewewed In the urse of regular Board meetings. OBJECTIVES AND ACTNMES ObJgCtiv8s and aims The main object of the charity is the fijrtherance ar¥J promotion of the je$h relIgn and Jewish religious education. ACHIEVEMENTS AND PERFORMANCE Charltable actlvltles The trustees consider that the perfonnance of the ¢lprity in the year has been satisfactory. Donations received in the year amounted to £80.84912024.' £53.5241. The Ststement of Finan(#al Activstses shows Incoming resources for the year of £79,gJ1 given that no grants were made during the year (2024: £100.000). The total reserves were £169.357 {2024'. £89.456) at the balance sheet date. This report was approved by the trustees sJanuary 2026 arKI signed on their behalf S Ebert- Trustee
The Friends of the Yeshivat Har Elzion Trust Statement of Flnanclal Activlties for tho Year Endod 31 March 2025 2025 2024 UntrICted Unrestricted Funds Funds INCOMING RESOURCES Incorning resources from genernted lunds Voluntsry income Totsl incoming resources 53.524 53,524 80,849 RESOURCES EXPENDED Charltable activities Operating expenses Total Gharltabl• actlvllles 107,387 19481 (101.387) Total resources exAdad (948) 1101,387) NET INCOMINGIIOLrrGOING) RESOURCES 79,901 147,863) RECONCIUATION OF FUNDS Total funds brought forward 89.456 137.319 TOTAL FUNDS CARRIED FORWARD 169 357 89,456
The Frlends of tho Yeshlvat Har Elz1+ Trust Balance Shoot At 31 March 2025 2025 2024 Notes CURRENT ASSErs Cash al bank 170 257 170,257 90.356 CREDrroRS Amounts falling due within ono year 19001 (9001 NET CURRENT ASSETS 169,357 89.456 TOTAL A88ET8 LESS CURRENT LIABILMES 169,357 89.456 NET ASSErs 169,357 89,456 FUNDS General lund 169357 Total Unre8trlcted Fund8 169,357 89,456 TOTAL FUNDS 169,357 89.456
The Friends of the Yeshlvat Har Etzion Trust Balance Sheet- contlnued At 31 March 2025 The charty is entitled to exemption frryn audit in acc(xdance w¢th the Charities Ad. The Iruslees acknowledge their resFM)nsibilities in aw)rdance the Charitses A& for lal ensuring that the charity keeps F*oper accounting re(y)rds Ibl preparing financial statements whith give a true and fair view of the stale of aff8irs of the charity The financial statements were approved by the Board of Trustees on PJanuary 2026 and were stgned on its behalf by: S Ebert-Trustee
The Frlends of the Yeshivat Har Etzlon Trust Statement of Cashflows for the Y?ar End•d 31 March 2025 2025 2024 Not•s Cuh generatedl{usod) by oprnting activitlo8 79,901 (47,863) In¢rno$81{dacroas•) In ¢a8h and cash •qulvalents In Iho year 79,901 (47,8631 C••h and cash oqulv•lont8 at th• boglnnlng of th• yoar 90,356 138,219 Cash and rA$h oqulvalents at th• ond of thg y•ar 170,257 90,356
The Frlends of the Yeshlvat Har Etzlon Trust Notes to tho Flnancial Slatem•nts for th• Year Ended 31 March 2025 1. ACCOUNTING POUCIES The principal accounting policies adopted. judgements and key sourcas of estimation uncart8inty in the preparation of the financial statements are as follow5: Basis of preparation The financial statements have been prepared in accordan with Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their accounts in accordance wf(h the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 201 $1- (Charities SORP {FRS 102)) arml the Financial RerM)rting Stsndard applicable in the UK and Rewbli¢ of Ireland {FRS 102}. Re¢on¢lllatlon wlth previous Genernlty Acc•ptsd Accounting Practice In preparing the acunts, the Trustees have considered whether in appI"ng the accounting policies required by FRS 102 and the Charrties SORP FRS 102 the tatement of comparative items was required. Following a remew. rt W89 deemed that no restatements were required. Preparatlon of accounts on a golng concern basls The Tnjstees reFh)rted al a surplus for the year of £79,901 and a cash inllcrw of £79,901. Reserves at the balance sheet date lots1 £169,357. The Trustees have reviewed the immediate fijture income and expenses, taking into accoun the changing finanaal and gepOlIbCal dimale. induding any further impact from the changing economic impaLI frcKn the various gh)bal confficts. and this analysis, together vath the resep4es. prodeS the basis thai the Charity is a going concem for the next 12-18 months. Incomlng resourc8s A]1 incorning resources are induded on the Statement of Financ4al Activ1b when the tharity is legally entrt to the income the amount can be quantified wilh reasonab18 accuracy. RosourGgs oxpondod Expenditure is accounted on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be dir• attributed to particular headings they have been allocated to activities on a basis consistent wth the use of resources. Fund accounllng Unrestricted funds can be used in ac£ordance vthh the Charitab otty'ectives at Ihe diSction of the trustees. Restricted fvnds can only b8 used for particuL4r reslricted purposes I1n the objects of the charity. Restrictions arise when speofied by the donor or when funds are raised for particular restricted purposes. Further explana1 of the nature and purpose of each furwj is Induded In the notes to the financial statements. Debtors Trade and other debtors are reccJnlsed at the setuement amount due after ary Irade dlso)unt offered. Prepanents are valued at the amount wepavj net of any trade discounts due. Cash at bank and In hand Cash at bank and cash in hand indudes cash and short temi hvJhly IB]uid investments with a short matunty of three months or jess from the date of acquisition or ¢nIng of the deposit or similar account.
The Frlends of the Yeshlvat Har Etzlon Trust Notes to Ihe Flnanclal Stat&ments - Gontlnu•d for th• Y•ar End•d 31 Mareh 2025 1. ACCOUNTING POLICIES (conL) Credltors and provisions Creditors and provisions are recognised vknere th8 charity hag a present obluation rosutting from a past event that wll probably result in the transfer of fijnds to a third party and the amount due to settle the obligation can be measured cff estimated reliabty. Creditors and provisions are nomialty recognised at their seluement amount after allow'ng for any trade discounts due. Flnanclal Instrumonts The charity only has finandal assets and financial liabilitles of a klnd that quallfy 88 baslc flnanc4al Instrument5. Basic financial instruments are initially recogni5ed at tranSactn v81ue and subsequently measured at their s61Uement value with th8 exception of bank knans whkh are subsequenuy measured al amortised ojsl using th8 effective inter8St methcrfj. 2. NET INCOMING RESOURCES Net r880urc88 arn 8tsted after charglrKJ: 2025 2024 Govamance costs (808 note 3) 948 1,362 3. Gov•rnanc• cots 2025 2024 Accountancy foos Consuttancy & Add 900 482 1.362 4. TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 Marth 2024. Trusloos. Exp•n8•• There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 Mar¢h 2024.
Tho Friends of the Yeshlvat Har Etzlon Trust Notes to thg Flnanclal Statements - continued for the Yèar Ended 31 March 2025 5. CREDITORS: AMOUNTS FALUNG DUE WtrHIN ONE YEAR 2025 2024 Accruals and dèferred ini 6. MOVEMENT IN FUNDS At Net 01.04.24 movement In funds 31.0325 Unrestrlcled fvnds General fund 89,456 79.901 169.357 TOTAL FUNDS 89.456 79.901 169,357 Net movement in funds. induded in the atM)ve are as follows.. Incoming Resources Fund resources Expended Transfers Not Movement In funds Unrestrlcted funds General fund (948) 79,901 TOTAL FUNDS 1948) 79,901 7. RECONCILIATION OF NET MOVEMEKf IN FUNDS TO NET CASH FLOW FROM OPERATING AcnvmES 2025 2024 Net movement in funds Increase in creditors Net Cash (usedygenerated In operatlng actlvltles 79.901 (47.863) 79,901 (47.863)
The Frlends of the Yeshlvat Har Etzion Trust Detsil•d Statem•nt of Flnanclal Acllviti•s for the Year Ended 31 March 2025 2025 2024 INCOMING RESOURCES Voluntsry Income Donations 80.849 53.524 Total iOming rosource5 80,849 53.524 RESOURCES EXPENDED Charltable actlvftles Finance charges Govemance Grants and donations 25 1,362 100,000 T¢)tsl charitablo aGtivitles (948) {101.387} NET INCOMINGI(OUTGOING) RESOURCES 79,901 (47.863) 10