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← Avir Charitable Trust

2025-04-05-accounts

AVIR CHARITABLE TRUST

(Registered Charity Number 326636)

Financial Statements

for the year ended 5[th] April 2025

1

AVIR CHARITABLE TRUST

(Registered Charity Number 326636)

Financial Statements

for the year ended 5[th] April 2025

CONTENTS PAGE
Trustees Annual Report 3
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8-9
Independent Examiners Report 10

2

AVIR CHARITABLE TRUST

(Registered Charity Number 326636)

Trustees’ Report for the year ended 5[th] April 2025

The trustees present their report and financial statements for the year ended 5[th] April 2025.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document (being the charitable trust deed – dated 18 May 1984), the Charities Act 2011 and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.

Reference and Administrative Information

Trustees Mrs Riva Brandeis Joshua Halpern Aron Brandeis Secretary Mrs Riva Brandeis Charity Number 326636 Charity Offices 13 Waterpark Road, Salford, Manchester M7 4EU Independent Examiners B Olsberg & Co Chartered Accountants, Enterprise House 3 Middleton Road Manchester M8 5DT

Bankers The Royal Bank of Scotland Plc Manchester Cheetham Hill Branch 18 Bury Old Road, Manchester M8 7JN

Structure, Governance and Management Governing Body Trustees

The structure of the charity consists of three trustees.

The Board of Trustees is authorized to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.

Trustee Induction and Training

Most trustees on appointment are already familiar with the practical work of the charity. Newly appointed trustees receive necessary tuition from existing trustees and are given access to Charity Commission publications.

3

Investment Powers

The trustees are authorised to make and hold investments using general funds of the charity.

Public Benefit

The trustees confirm that they have referred to the guidance contained in the charity commission’s general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity’s aims and objectives and in planning future activities.

Constitution, objects and policies

The Charitable Trust is constituted by trust deed and its objects are to promote and support any charitable activity.

Its policies are to further the observance of orthodox Judaism, to encourage and support the advancement of Orthodox Jewish Religious Education, to establish all institutions required by an orthodox Jewish community and any other charitable activity.

Development, activities and achievement

The trustees consider that the performance of the charity during this year has been satisfactory.

Funds available are sufficient to permit the Trust to continue in operation in the medium term.

The trust does not employ any voluntary staff.

Reserves

The trustees’ policy is to distribute most of its income but leaving a cash balance at their discretion to fund unexpected demands and appeals.

Financial Review

The trusts total income was £70,535. After £105,819 was distributed to charities and administrative expenditure of £840 there was a deficit for the year of £36,124. Funds are available to allow the trust to continue in operation.

Future Developments

There are no further projects contemplated at present.

Risks

The trustees do not feel that the charity is exposed to any major risks.

4

Statement of Trustees’ responsibility

The trustees are required under the Charities Act 2011 to prepare financial statements for each financial year, which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and: (a) select suitable accounting policies and apply them consistently;

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

The report was approved by the trustees and signed on their behalf on 04 February 2026.

R Brandeis

Trustee

5

AVIR CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2025

INCOME AND EXPENDITURE
INCOME
Gift Aid & Donations
Rent
Dividends
Interest
RESOURCES EXPENDED
Direct Charitable Expenditure
MANAGEMENT AND ADMINISTRATION
Accountancy
TOTAL RESOURCES EXPENDED
NET INCOME
Fund balance at 5 April 2024
Fund balance at 5 April 2025		 Note
2025
Unrestricted
Funds
30,175
2
39,958
-
402
70,535

3
105,819
105,819






840
840
106,659

(36,124)
701,056
664,932		 2024
69,750
48,421
-
1,764
119,935
90,452
90,452
720
720
91,172
21,399
679,657
701,056

6

AVIR CHARITABLE TRUST BALANCE SHEET AS AT 5TH APRIL 2025

NOTE
FIXED ASSETS
PROPERTY
4
Share Holdings
Purton Limited
British Telecom
Rolls Royce
CURRENT ASSETS
Gift Aid Repayment Claim
Prepayments
Loans
Cash at Bank
CREDITORS:
Amount falling due within 1 year
5
FINANCED BY:
Amount Settled
Income Account
Unrestricted Funds		 2025
£
726,390
100
1,760
128
1,988
-
-
10,000
33,764
43,764
107,110
(63,346)
665,032
100
664,932
665,032		 2024
£
651,496
100
1,760
128
1,988
26,075
892
10,000
12,815
49,782
2,110
47,672
701,156
100
701,056
701,156		 2024
£
651,496
100
1,760
128
1,988
26,075
892
10,000
12,815
49,782
2,110
47,672
701,156
100
701,056
701,156
701,156
100
701,056
701,156

Approved by the Board of Trustees on 04 February 2026 and signed on its behalf by

………………………………….. Trustee

7

AVIR CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

1. Accounting Policies

Voluntary income is received by way of donations and gifts and is included gross in the Statement of Financial Activities. All incoming resources are indicated in the SOFA when the charity is legally entitled to the income.

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

2.
RENTS
Less:
Repairs & service charge
Management
Insurance
Gas Safety
Ground Rent
EPC
3.
Direct Charitable Expenditure
Donations to Charities
4.
Property
Investments
Shares in property syndicates		 2025
£
46,426
3,335
1,967
892
224
-
50
6,468
39,958
105,819
527,368
199,022
726,390		 2024
£
48,421
4,199
2,115
772
199
7
72
7,364
41,057
90,452
527,368
124,128
651,496		 2024
£
48,421
4,199
2,115
772
199
7
72
7,364
41,057
90,452
527,368
124,128
651,496
41,057
90,452
527,368
124,128
651,496

8

AVIR CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025 Cont……

5. Creditors: Amounts falling

due within one year
Creditors and Accruals		 2025
£
107,110		 2024
£
2,110

6. Staff Costs

No remuneration was paid to trustees in the year, nor were any trustees expenses reimbursed to them.

The trust does not employ any staff or volunteers. Administration of the trust is dealt with by the trustees.

9

AVIR CHARITABLE TRUST

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

I report to the trustees of Avir Charitable Trust on the accounts for year ended 5 April 2025 set out on pages 6-9.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER'S STATEMENT

In the course of my examination, no matter has come to my attention.

  1. which gives me reasonable cause to believe that in any material respect the requirement:

  2. to keep accounting records in accordance with Section 130 of the 2011 Act and

  3. to prepare accounts which accord with the accounting records and comply with the requirements of the 2011 Act.

  4. have not been met, or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

B Olsberg FCA Enterprise House 3 Middleton Road Manchester M8 5DT

04 February 2026

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