Charlty number: 802579 THE ISRAEL LAZARUS CHARITABLE TRUST UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026
THE ISRAEL LAZARUS CHARITABLE TRUST CONTENTS Page Reference and admlnl8tratlve detalls of Iho Trust, Its Trusteos and advlsols Trustoes. roport Indopondontexamlnerfs report Sl*t•mont of flnanclal actlvltl•s B•lan¢o shoot Note¥ to tho Iln•ncl•l 8tat•m•Tht8 8-16
THE ISRAEL LAZARUS CHARABLE TRUST REFERENCE AND ADMINISTRATIVE OETAILS OF THE TRUST. TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2026 Trustees David Winton, Chair Alan Lee Sam Lipton Charlty roglst•red numbor 802579 Prfnclpal offl¢• Lawford House Albert Place London N3 1aA Accountants Sterlings Limited Chartered Accountsnts Lawford House bert Place London N3 1QA Bank•r• Barclays Bank PIC 147 Holborn Chancery Lane London EC1N 2NU Page 1
THE ISRAEL LAZARUS CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5APRIL 2026 The Trustees present their annual report together with the financial statements of the TTUSI for the period ftom 6 April 2025 10 5 April 2026. The financial statements have been prepared in accordance with the a¢counling policies sel out in note 2 to thè accounts and comply with the Charity's Trust Deed, the Charities A¢1 2011 and th8 relevant version of the statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applKable in the UK and Republic of Ireland IFRS 102). ObJe¢tlv&8 and a¢llvltles Poll¢le8 and obloctlvo8 The aim of the TNst is lo provide charilable donations lo any charity, of any amount, as approved by the Trustees. The principal means of achieving the Trust's oblects'ves 1$ by drawing on the trust income and its capitsl which is derived from the subslanlial inv8slm•nl$ held. There has been no change to the policies adopted in furtherance of these objects during the year. The Trustees have paid due regard lo guidance Issued by the Charity Commission in deciding what activities the charity should undertake. Grants to charitable organisalion5 are made al the abstslule disorelion of the Board ofTrusl68s. In selling objectives and planning for activities, the Trustees have given due ccnsideration to general guidance published by th8 Charity Commission relating lo publ1¢ benefit. b. Re80rv08 pollcy The net assets of the Trust's unreslricled funds of £1,173,957 12025.. £1,124,133) are held tts 98nerate sustalnable income in order to support the Foundation's activities. Additionally, they are used to be applied towards the Tru$fs grant making activities and meet the Trust's ongoing overheads and administrative expenses. The Tru91 Is committed to using its resources in pursult of its charitable objectives. 11 is also commttted lo maintaining a certain level of free reserves, which is prudent lo meet Onoing liabilitie5, sufficient lo ensure that all grant Commitments can be mel and lo protect the long-term futur8 ol the Trust's aclivilies. The Trustees consider that the total ¢lo$ing unrestricted funds of £1,173,95712025'. £1,124,133) are adequate for its svze of actwilies at the year end. c. Invostmonts pollcy The Trustees have the power lo invest funds in any manner, but only after obtaining Such advice from a financial expert as the Trustees consider necessary and having regard to the suitability of the investments and need for diversification. The Trustees have appointed Investec Wealth and Investment Limited to manage the investment portfolio on dlscrelionary basi$. The trustees regularly review the portfolio with the investment manager. It is the policy of the Trust to maintain its funds in long and medium term investments and lo generale regular income to meet its annual expenditure. In addition the Trust maintains sufficient liquid fvnd5 to respond to emergency applications for grants which may arise from lime to lime. Page 2
THE ISRAEL LAZARUS CHARrrABLE TRUST TRUSTEES, REPORT ICONTINUEOI FOR THE YEAR ENDED 5 APRIL 2026 Achlevement8 and porfomiance a. Maln achlèvemonts of the Trnst During the year grants of £130,50012025'. £160.0001 were distributed to other charitable institultons in line with the Trust's objectives, as per note 6 to the fi'nancial statements. FlnaThclal revl•w a. Golng conc•m After making appropriate enquirles, the Tru51ees have a reasonable 8xpe¢taUon that the Trust has adequat8 resourc8s lo continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concem basis in preparing the finan¢ial 51atemenls. Further details regarding the adoption of the going concern basis can be found in the accountin9 polirAes. b. Prlnclpal flsks and uncertalnti The Trustees actively review the major risks whiGh the Trust faGe5 on a regular basis and undertake an annual review of the controls ov8r key financial systems. The Trustees hav& also examined other operational and business risks which the charity faces and confirm that they have established systems lo mitigat• Ih85e risks. R•8uh8 forth• year Tha Tru8Vs principal sourc8 of Income continued lo be that of inveslm8nl Income, lotaling £34.056 for the yaar ended S April 202512025.. £44,211). Total expenditure for the year was £145,628 12025.. £174.708), which was défrayed on grants payable to charitable institutions of £130,50012025: £160,000), investment management costs of £11,52812024.' £11,348). and support and governance costs of £3.60012025.' £3,360). Together with a net gain on investments of £161,39612025'. £45,38610ss}, the charity reports a nel movement in funds of £49,824 incTease12025'. £175,883 deficill. Investments held al the year end were valued al their mid-markel price of £1,091,891 12025.. £1,041,896), with total charitable lunds of £1,173,95712025.' £1,124,133). Page 3
THE ISRAEL LAZARUS CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT FOR THEYEAR ENDED 5APRIL 2026 Independent examin•r's report to the Trus1g0s of The Israel Lazarus Charitable Trust Ilhe Trust'l I report lo th8 charity Trustees on my examination of the accounts of the Trust for the year ended 5 April 2025. This report is rnade solely lo the Charity's Truste85, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulation$ 2008. My work has been undertaken so that I might slate lo the Charity, Trustees those matters l am required lo stale to them in an Independent Examiner's Report and for no othar purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my Work or for this report. Your attention 1$ lo drawn lo the fact that the eharity has prepared the accounts (financial 5tatements} in accordance with the relevant version of the Statement of Recommended Practice applicabl8 to charities preparing their aGcounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Statement of Recommonded Practi issued on 1 April 2005 which 1$ referred lo In the extant regulations but has been withdrawn. l understand that this has been don• in order for the accounts lo provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. Responslbllltlgs and ba518 of rnport As the Trustees of the Trust you are responsible fof the preparatson of the accounts in ac¢ordance with the requirements of the Charit183 Act 20111'the 2011 Acl'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 the appllcable Dire¢tions given by the Charlty Commission under section 145151(bl of the 2011 Act. Indopendont •xamlnoV8 •tat•mont l understand that this has been done in order for the accounts to provlde a true and fair view in accordance wllh the Generally Accepted Accounting Pracliee effeGts've for reportin9 periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me Cause to believe thal in any material respect.. accounting records were not kept in respect of the Trust as required by section 130 of the 2011 Act., or the accounts do not accord with those re¢ord¥', or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities {Accounts and Reports) Regulalions 2008 other than any requirement that the accounts give a 'true and fai¢ view which is not a matter considered as part of an independent examination. I have no attention sh s and have come across no other matters in ¢onneclion with the examination lo which drawn in this report in order lo enable a proper understanding of the aecounls to be reached. Signed.. Sle ings L Dated.. Iry. Th. 20Zkn Sterlings Limited Chartered Accountants Lawford House Albert Place London N3 1QA Page 5
THE ISRAEL LAZARUS CHARABLE TRUST STATEMENT OF FINANCIAL AcnviTIES FOR THE YEAR ENDED 5 APRIL 2026 Unrestricted fund$ 2026 Total funds 2026 Total lunds 2025 Income from: Investments 34,056 34056 44.211 Total Incomg 34,056 34.056 44.211 Expendilure on: Raising fiJnd$ Charitable activits'es 16,128 130,500 15,128 130,500 11,348 163,360 Tol•l expendlturn 146.628 145,628 174,708 Net expendlture before net 9aln• on Inv88trn•nts Nel gains on investments N?t movement In fund8 b•for• othor recognlud g411{106s0s1 1111,572) 161,503 1130,4971 61,517 161,503 49,931 49,931 168,9801 othof recognl••d galn•l{1018M}: Gainslllossesl on revaluation of fixod assets 11071 1107} {1C6,9031 Not movoment In lund• 49,824 49.824 1175,8831 Reconclllatlon of funds: Total funds brought fofward Net movement in funds 1,124,133 49,824 1,124,133 49,824 1,300,018 1175,8831 Total funds carrled forward 1,173,957 1,173,957 1,124,133 The Statement of financial aclivlti8s includes all gains and losses recognised In the year. The notes on pages 8 to 16 forrn part of these financial statements. Page 6
THE ISRAEL LAZARUS ¢HARrrABLE TRUST 8ALANCE SHE FOR THE YEAR ENDED 5 APRIL 2028 2025 Flx•d om•ts Investments Curronta•••t• 10 1,091091 1,041,8 Debtor¥ Cash at bank and In h)d 82,fj74 83,394 80,060 85,837 CredOr$.. arrKJunts flllng du•wlthln one year 12 13,61XI) {3,6001 Not cuTh•nt ••a•ts 82.0 82,237 Tot•lu•ets l•M curr•nt ltsbllU•• 1.173,907 1,124,133 T¢>tal n•t ••••t• 1,173,M7 1,124.133 Ch*iltyfund• Restrktsd fvnds Unrg8trthd fun 13 13 1.1n,M7 1,124,133 Total fvnd• 1.173,957 1,124,133 Then ncial stateme ts waraapprov•d and •uthori•od fr)r Lgsuo bythè Truste¢¥ and 8&nod on thelrbehalfty.. Davtd Wmton ha1n Sam Llpton TnMte• Tho notes on pageg 8 to 18 form part of tho$0 finandal statements, Page 7
THE ISRAEL LAZARUS CHARrrABLE TRUST NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 General infomiation The Israel Lazarus Charitable Trust is a charitable trust registered at the Chaflty Commission in England and Wales with charity number 802579. The prinoipal Offi is 16 Great Queen Street, Covenl Garden, London, WC2B 5AH. The financial statements are presented in Sterling l£}, which is the functional curr8n¢y of the charity. Monetary amounts in these financial statements are rounded lo the nearest £. Accountlng policios 2.1 8asl¥ of preparatlon of tlnanclal statemgnts The financial slalemenls have been prepared in accordance with the Chanlios SORP IFRS 1021 Accounting and Reporting by Charities." Slalemenl of Recommended Practice applicable lo charities pparIng their financial statements in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102112nd Edition, effoclive January 20191 I Charities SORP'I, the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Chanties Act 2011. The accounts (financial stalemenlsl have been prepared to give a 'lrue and fairf view and have departed from the Charities IAccounls and Reports) Regulations 2008 only to the exient required to provide a 'true and fair view,. This departure has involved following the relevant version of Ihg Statement of Recommended Practice applicable to charities preparing their accounts in accor¢Jance with the Financial Reporting Sland8rd applicable in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and Réporting by Charili¢$'. Statement of Recommended Practice effective from 1 April 2005 which has Since been withdrawn. The Israel Lazarus ChaTilable Trusl me8ls the definllion of a public benefit entity under FRS 102. Assets and liabilities are initially re¢ogni8ed al historical cost or transaction value unless otheNi$e slated in the relevant accounting policy. 2.2 Golng concern After making enquiries, the Iruslees, have a reasonable expectation that the ¢harity has adequate resources to continu8 in operati¢nal existence and meet its liabilitiès as they fall due for the foreseeable fvture. being a period of al least twelve months from the date these financial statements were approved. Accordingly, they continue lo adopt the going concefn basis in preparing the finan¢ial ststemenls. 2.3 Incomo All income is recognised once the Trust has entillemenl to the in¢ome, it is probable that the income will be received and the amount of income receivable can be measured reliably. The Tiusl's principal Source of income for the period under review was dividends and interest received on listed finan¢ial investments held within a managed investment fund. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Trust,. this is normally upon nolificalion of the interest paid or payable by the bank. Dividends are recognised once the dividend has been declared and notification has been reGeived of the dividend due. This is normally upon notification by our investment advisor. Income lax recoverable in relation to investment income 1$ recognised at the time the investrnent income is receivable. Page 8
THE ISRAEL LAZARUS CHARrrABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 Accounting policies Icontlnued} 2.4 Exp•nditure Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefit to a third paty, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation ¢an be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to 8 single activity are allocated directly lo that activity. Shar8d costs which contribute to MO than one activity and support costs which are not attributable to a single activity are apportioned beeen those a¢tsvities on a basis consislenl with the use of resources. Expenditure on raising funds includes all expenditure incurred by the Trust lo ralse funds for its charitable purposes and in¢lude$ ¢o$ts of all fundraising activities events and non-charilable trading. Expenditure on Charitable activities is incurred on directly undertaking the acllvib'es which further the Trusvs obje¢tive$, a$ w811 as any associated support costs. Grant$ payable are charged in the year when the offer is made except in those ¢a$e¥ where the offer 1$ conditional, Such gran15 being recogni5ed as expenditure when the conditions attaching are fvllilled. Grants offered subject to Gonditions which have not been mel at the year end are noted as a commitment. but not accrued as 8xpenditure. All expenditure Is shown incluslve of irrecoverable VAT. 2.5 In¥tments Fixed a$$et investments are a form of financial instrument and are Initial re¢ognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unles$ the value cannot be measured reliably in which case it 18 measured al cost less impairment. Investment gains and losses, whether realised or unrèalised, are combined and presented 89 'GainsllLossesl on inve$lmenl$' in the Statement of financial activities. 2.8 Cash at bank and In hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.7 Liabilities and provisioni Liabilrties are recognised when there is an obligation at the Balance sheet date a$ a result of a past event, it is probable that a transfer of economic benefit will be Tequired in seluement, and the amount of the settlement can be estimated reliably. Liabilities are Tecognised at Ihfj aTnount that the Trust anticipates it will pay lo settle the debt or the amount il has received as advanced payment$ for the goods or seTvice$ it must provide. Page 9
THE ISRAEL LAZARUS CHARrrABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 Accountlng policies (continued) 18 Flnanclal Ingtruments The Tnjst has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments. Financlal assets and financial liabilities are recognised when the Trust becomes paty to the Contractual provlsions of the Inslrumant. Financlal Ilabilities and equity instruments are classified according to the substsnce of the contractual arrangements entered into. An equity inslTumenl is any contract that evidences a residual interest in the assets of the Trust after deducting all of its liabilities. The Trust's policies for 11$ major classes ot Ilnancial assets and financlal Ilabililies are set out below. Financial assets Basic financial assets, including trade and other debtors, cash and bank balances, inlercompany working capital balances, and inlercompany financing are initially recogni$ed at transaction price, unles3 the arrangement constitutes a financing Iransaclion, where the Iransa¢lion is measured at the present value of the future receipts discounted al a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rale of interest that is not a market rate. Such assets are subsequently carried al amortised ¢o$t using the effective inter&st method, less any impaiment. Flnanclal Ilibllltles Basic financial liabilities, including trade and other creditors, bank loans, loans from follow group companies and preference shares that are ¢la$srfied as debt, are initially recognised al transaction price, unless the arrangement conslltule$ a financing Iransaclion, where the debt instrument is measured al the Present value of the future payments discounted al a market rate ol interest for a similar debt inslrumenl. Financing transactions are those in whlch payment Is deferred beyond normal business terms or is financed al a rate of interest that is not a market rate. D8bl In$trum8nts aro subsequently carrled al amortised cost, using the effective interest rale method. Impairmont of finan¢141 as¥ots Financial assets measured at ¢0st and arnortlsed cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found. an impaimient loss is recogni5ed in the statement of financial aclivilies. For fi'nancial assets measured al cost less irnpairmenl, the impaimient loss is measured as the difference between the assevs carrying amount and the best esllmale of the amount the Trusl would receive for the asset if it were to be sold al the reporting date. For financial assets measured at amortised cost, the impairment loss is measured as the dlfference between the asset's carying amount and the present value of estimated cash flows discounted al the asset's original effective interest rate. If the financial asset has a variable interest rate. the discount rate for measuring any impairment loss is the current effective interest rale determined under the eontNgcI. If there is a decrease in the impaimienl loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in the statement of financial aclivilies. Page 10
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 Accountlng poll¢les {continued) Flnan¢lal Instrumgnls {contlnued) D•ro¢ognltlon of flnanclal a$s8t8 and flnan¢lal Ilabllltl•s Financial assets are derecognised when (a) the contractual rights lo the ¢a6h flows from the 88$et gxpire or are settled, or Ibl substantially all the ri$ks and rewards of the ownership of the asset are transferred to another party or Ic} despite having retained $ome s¢gnifi¢ant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally s811 the asset tr> an unrelated third paty wrthout imposing additional reslriclions. Financial liabilities are derecognised when the liability is extinguished, that is when the ntraCtual obligation is discharged, cancelled or expires. Off8•ttlng of flnanclal a889ts and flnan¢lal Ilablllllo• Financial assets and liabilities are offset and the net amount reported in Ihe balance sheet when there is an enfoiceable right lo set off the reoognised amounts and there is an inlentr'on to settle on a net basis or lo realise the asset and sellle the liability simultaneously. 2.9 Fund accountlng General funds are unre$tri¢ted funds which are available for use al the discrellon of the TnJ8tees in furtherance of the general objeGtives of the Trust and which have not been deslgnaled for other purposes. Investment income, gain$ and losses are allocated to the appropriate fvnd. Inve8tm•nt Incorn• Unrestrlcted fund8 2026 Totsl funds 2026 Total funds 2025 Income from investments Inttsrest receivable 33,633 423 33,633 423 43,484 728 34,056 34,066 44,212 Tolal 2026 34,056 34,056 Page 11
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 Investm•nt managèmènt colts Unreslrlcted funds 2026 Totsl funds 2026 Total funds 2025 Investment rnanagem8ntfe8S 11,528 11,528 11,348 Total 2026 11,528 11.528 An•lysl¥ of exp•ndltuie by a¢tlvltlo8 Grant fvndlng ot actlvltlol 2026 Support costs 2026 Tot•1 fund• 2026 Total funds 2025 Charitable aclivltles 130,500 3,600 134,100 163,360 Total 2026 130,500 3,600 134,100 Analy818 of 8UPPOrt C08t• Charitable aGtivitie8 2025 T¢>tsl funds 2025 Total fvnds 2024 Governance costs 3,600 3,600 3,600 Total 2025 3,600 3,800 Page 12
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 Analysls of grants 2026 2025 Aleh Ascent Bell Halochem Belt lssie Shapiro Bei$ Kosov Campaign for Antisemit18m Chabad of Wesl Hampstead Chai Lifeline Community Service TNSI Gateway$ Gift Holocaust Educational Trust Israel Philharmonic Orchestra Jnetics Klsharon Langdon UK Lawyers for Israel Charll8ble Trust Lubavilch of Edgware Noa Gids NOOd Or Chada3h Paperweight Piece of Mind Project Seed Sarah Herzog Memorial Hospital United Hatsalah University Jewish Chaplaincy Union of Jewish Students World Jewish Relief 3.000 5,000 5,000 5.000 3,000 10,000 3,000 5,000 30,000 5.000 3.000 5,000 5,000 s,000 5,000 10,000 8,000 3,000 10,000 3,000 50.DOO 3,500 2,500 5,000 2,600 6,000 5,000 1,000 6,000 6,000 5,000 5,000 2,500 5,000 5,000 5.000 2,500 5,000 6,500 10,IXIO 10.000 5,000 10,000 2,500 5,000 Donations cancelled {8,000) 130,500 160,000 Page13
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDEO 5 APRIL 2026 Indep•nd•nl examlnefs remun•ration The Independent examinerfs remuneration amounts to an independ•nl examiner fge of £3,600 {2025- £3,600). staff costs There were no employees under contracts ofemployment during th8 pervjd. No employee received remuneration amounting to more than £60.000 during the year. Tru8tees' remunorntlon and oxp•nsa• During the year, no Trustees received any remun8fation or other benefft512025- £NILI. During the year, no Trustee expènses have been incurred {2025 - £NILI. 10. Flxed asiot InveBtments Llsted Invfr•tments Colt or valuatlon At 6 Aprll 2025 Additions Oisposals Revaluatlon$ 1,041,896 644,130 1694,0281 11071 At S April 2028 1,091,891 Net book value At 5 April 2026 1,091,891 At S April 2025 1,041,896 If listed investments had been valued under the historical cost ¢onvention they would have been included in the balance sheet at a cost of £963,51812025. £986,532}. Page 14
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 11. Debtors 2026 2025 Due wlthln one yur Prepayments and accrued inGom& 2,992 2.443 12. Cr•dttof•: Amounts falling due wlthln ong ygar 2026 2025 Accruals and deferred income 3,600 11,600 1& Stat•m•nt of funds Statemont of funds . current y••r Balance at 6 Aprll 2025 Galn•l Balan¢9 at S {Lo••981 Aprll 2026 Incom• Expendlture Unre8trlct6d funds General Funds- all fvjnds 1,224,133 34,056 1145,8281 161,396 1,273,957 Slatement of fund• - prlor yoar 8alan¢e al 6 April 2024 Gainsl Balance al {Losse$l S &Dril 2025 Inme Expenditure Unr•strlcted fund• General Funds- all funds 1,300,016 44,211 1174,7081 145,3861 1,224,133 Page 15
THE ISRAEL LAZARUS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 14. Anatysls of net as$¢ts between fund$ Anatysls of net a880ts belweon fund$- current Pgriod Unrestricted funds 2026 Total fund$ 2026 Fixed asset investrnents Current assets Credltors due wllhln one year 1,091,891 85,666 13,6001 1,118,797 48,955 {11,600} Total 1,173,957 1,156,162 Analysis of not a880ts botWOon funds {continuodl Analys18 of net a8••t• tween fund• - prlor porlod Unre$trlcl8d funds 202S To181 funds 2025 Fixed asset investments Current assets Credrtors due within one year 1,041.896 85,837 13.6001 1,141,896 85,837 (3,6001 Total 1,124,133 1,124,133 Page 16