Charity registration number: 299337
FRIENDS OF YAD HALEVI TRUST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
Friends of Yad Halevi Trust Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities | 9 |
Friends of Yad Halevi Trust
Trustees' Report For The Year Ended 30 September 2025
The trustees present their report and the financial statements for the year ended 30 September 2025.
Objectives and Activities
Aims and Objectives
The charity’s objects are:
i) To support the charitable work of the college in such manner as the trustees shall from time to time in their absolute discretion determine.
ii) Towards the furtherance or for the benefit of such one or more charities, charitable institutions or charitable purposes in any part of the world in such shares and in such manner as the trustees in their absolute discretion may from time to time determine.
iii) To make payments direct to individual persons in any part of the world (provided that such persons shall qualify as charitable beneficiaries according to English Law) and shall not be limited to making payments to organisations or institutions.
Significant Activities
During the year under review, the charity provided donations to various charitable institutions and individuals to achieve it’s objects for the public benefit as well as other charitable purposes.
Public Benefit
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Financial Review
Reserves Policy
During the year, the charity’s incoming resources exceeded the outgoing resources. The trustees are satisfied with the results for the year. The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity.
Going Concern
The trustees have a reasonable expectation that the charity has adequate resources to continue operational existence for the foreseeable future. For this reason, the charity has adopted the going concern basis of accounting in preparing the annual financial statements.
Reference and Administrative Details
Trustees
Mr L Steinhaus Mr A S Cohen FCA Mr M Posen
Charity Number
299337
Independent Examiner
Adrian Heller FCA LONDON ACCOUNTING GROUP LTD 5 North End Road London NW11 7RJ
Page 1
Friends of Yad Halevi Trust Trustees' Report (continued) For The Year Ended 30 September 2025
The trustees' report was approved by the board of trustees and signed on its behalf by:
Mr L Steinhaus Trustee Date
Page 2
Friends of Yad Halevi Trust Independent Examiner's Report to the Trustees of Friends of Yad Halevi Trust For The Year Ended 30 September 2025
I report to the trustees on my examination of the accounts of Friends of Yad Halevi Trust (the Trust) for the year ended 30 September 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 2011 (“the Act”).
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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) 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.
Adrian Heller FCA Date 5 North End Road London NW11 7RJ
Page 3
Friends of Yad Halevi Trust Statement of Financial Activities For The Year Ended 30 September 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Charitable activities: 4 Charitable activities Governance costs NET INCOME/(EXPENDITURE) NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 9 |
2025 Unrestricted funds £ 48,978 |
2024 Unrestricted funds £ 43,934 |
|---|---|---|
| (45,165) (840) |
(52,882) (720) |
|
| (46,005) | (53,602) | |
| 2,973 | (9,668) | |
| 2,973 37,499 |
(9,668) 47,167 |
|
| 40,472 | 37,499 |
The notes on pages 6 to 8 form part of these financial statements.
Page 4
Friends of Yad Halevi Trust Statement of Financial Position As At 30 September 2025
| Notes FIXED ASSETS Investment Properties 7 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 8 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds TOTAL FUNDS 9 On behalf of the board Mr L Steinhaus Trustee Date |
2025 Unrestricted funds £ 36,664 |
2024 Total funds £ 36,664 |
|---|---|---|
| 36,664 6,854 |
36,664 3,595 |
|
| 6,854 (3,046) |
3,595 (2,760) |
|
| 3,808 | 835 | |
| 40,472 | 37,499 | |
| 40,472 | 37,499 | |
| 40,472 | 37,499 | |
| 40,472 | 37,499 | |
The notes on pages 6 to 8 form part of these financial statements.
Page 5
Friends of Yad Halevi Trust Notes to the Financial Statements For The Year Ended 30 September 2025
1. General Information
Friends of Yad Halevi Trust is an unincorporated charity registered with the Charity Commission, registered charity number 299337. The principal address is .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
2.3. Resources Expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the statement of financial activities.
2.5. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| . Income from Donations and Legacies |
||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Donations and gifts | 48,978 | 43,934 |
Page 6
Friends of Yad Halevi Trust Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
4. Analysis of Expenditure
| Charitable activities Governance costs Charitable activities Governance costs . Support Costs Governance costs Governance costs . Average Number of Employees verage number of employees during the year was: 1 (2024: 1) . Investment Property Fair Value As at 1 October 2024 and 30 September 2025 |
Activities undertaken directly £ 45,165 - |
Support costs (see note 5) £ - 840 |
2025 Total £ 45,165 840 |
|---|---|---|---|
| 45,165 | 840 | 46,005 | |
| Activities undertaken directly £ 52,882 - |
Support costs (see note 5) £ - 720 |
2024 Total £ 52,882 720 |
|
| 52,882 | 720 | 53,602 | |
| 2025 Governance costs £ 840 |
|||
| 2024 Governance costs £ 720 |
|||
| 2025 £ 36,664 |
- Support Costs
6. Average Number of Employees
Average number of employees during the year was: 1 (2024: 1)
7. Investment Property
Page 7
Friends of Yad Halevi Trust Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
8. Creditors: Amounts Falling Due Within One Year
| . Creditors: Amounts Falling Due Within One Year |
||
|---|---|---|
| Other creditors Taxation and social security Accruals and deferred income |
2025 £ 982 1,224 840 3,046 |
2024 £ 1,277 43 1,440 |
| 2,760 |
9. Movement in Funds
| Unrestricted funds General: General unrestricted fund Total funds Unrestricted funds General: General unrestricted fund Total funds |
As at 1 October 2024 £ 37,499 |
Income £ 48,978 |
Expenditure £ (46,005) |
As at 30 September 2025 £ 40,472 |
|---|---|---|---|---|
| 37,499 | 48,978 | (46,005) | 40,472 | |
| As at 1 October 2023 £ 47,167 |
Income £ 43,934 |
Expenditure £ (53,602) |
As at 30 September 2024 £ 37,499 |
|
| 47,167 | 43,934 | (53,602) | 37,499 |
10. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
11. Related Party Disclosures
Page 8
Friends of Yad Halevi Trust Detailed Statement of Financial Activities For The Year Ended 30 September 2025
| INCOME AND ENDOWMENTS FROM: Donations and legacies Donations and gifts EXPENDITURE ON: Charitable Activities: Charitable activities Charitable activities Governance costs Accountancy fees NET INCOME/(EXPENDITURE) |
2025 Total funds £ 48,978 |
2024 Total funds £ 43,934 |
|---|---|---|
| 48,978 | 43,934 | |
| 48,978 (45,165) |
43,934 (52,882) |
|
| (45,165) (840) |
(52,882) (720) |
|
| (840) | (720) | |
| (46,005) | (53,602) | |
| 2,973 | (9,668) |
Page 9