COMPANY REGISTRATION NUMBER: N1057073
CHARITY REGISTRATION NUMBER: NIC101043
Atlas Memorial Limited
Company Lirnited by Guarantee
Unaudfited Financial Statements
31 January 2023

Atlas Memorial Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2023
Page
Trustees, annual report (Inco￿OratIng the director's report)
Independent exaTniner's report to the trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Notes to the financial statements
The following pages do not form part of the financial statements
Detailed statement of financial activities
16
Notes to the detailed statement of financial activities
17

Atlas Memorial Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 January 2023
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statsments of the charity for the year ended 31 January 2023.
Reference 2nd administratlve details
Registered charity name
Charity registration number NICIO1043
Company registration number N1057073
PrincipaI office
86 Filey Avenue
London
N166JJ
Atlas Metnorial Limited
Registered otrice
The Ewart
3 Bedford Square
Belfast
BT2 7EP
The trustees
Berish GTOSS
Israel Gross
Joel Gross
Abraham Gross
Company secretary
Structures governance and management
The charity is constituted as a company limited by guarantee and as such. its governing documents are
its Memorandum and Articles of Association.
Berish Gross
The organisation is run by the governors who are trustees. Every trustee holds office for life or shall
cease to hold office by virtue of Article 35 of the Articles of Association.
None of the trustees have any beneficial interest in the company.
This charity was set up to support the activities of organisations promoting and advancing Orthodox
Judaism and during the year distributed grants totalling £1,213,500 (2022: £590,500) in aid of such
activities.
The charity's wholly-owned subsididry undertaking, Wharf Properties Limited. is engaged in property
developTnent and the trllstees consider its results for the year ended 31 January 2023 to be
satisfactory.

Atlas Memorial Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (Èonrfnued)
Year ended 31 January 2023
Objectives and activities
The objects of the charity are:
i. the advancement and furtherance of the Jewish Religion and Jewish religious education and the
alleviation of poverty among the Jewish Community throughout the world.
ii. other charitable activities that the trustees may frotn time to time determine.
Ain￿, objectives and activities for public benefit
The trustees confIrm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the charity's aims and objectives and in planning
future activities and setting the grant making policy for the year.
This charity was set up to support the activities of religious Jewish organisations especially in the
field of education. The trustees identify institutions and organisations which meet its criteria and
regularly support a number of these institutions and organisations, which themselves are growing
worldwide.
The charity is also supportive of organisation5 which are solely committed to the relief of poverty.
Such organisations assist needy Jewish families financially and also rhrough distribution of basic
needs.
The income of the charity is derived from investments and donations. The trustees continued their
support of those organisations deemed to promote the objects of this charity.

Atlas Memorial Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (eonthued)
Year ended 31 January 2023
Achievements and performance
During the year. the charity continued its activities and maintained its SUPPOrt of religious educational
and other charitable institutions in the United Kingdom and abroad.
Plans for future periods
The charity plans continuing the activities outlined above ill the forthcorning years subject to
incoming resources being tnaintained at a satisfactory level. It is the trustees, aim to ensure future
income stream by the acquisition of investments. the income of which will Teduce its dependence on
voluntary donations.
Grant making policy
The charity accepts applications for grants from representatives of various charities. which are
reviewed by the trustees on a Tegular basis.
Investment powers and policy
In accordance with the governing document, the charity has the power to make any investments.
which the trustees see fit. The trustees regularly review th¢ charity's position and needs in respect of
the investment policy.
Reserves policy
The reserves of the charity are represented by the unrestricted funds.
It is the policy of charity to maintain unrestricted funds, which are the free reserves of the charity, at a
level which the trustees think appropriate after considering the future commitments of the charity and
the likely administrative costs of the charity for the next year.
Fixed Assets
The movements in investments are fully reflected in note 10 to the financial statements.
Investments
The charity's investment properties are held by Wakefield Investments (UK) Limited, which act as
bare trustee. The income and expenditure derived from this property investment is reflected in Atlas
Memorial Limited's financial stateTnents.
The cotnpany also owns 100% of the ordinary share capital of Wharf Properties Limited and 25% of
the ordinary share capital of Chester Beech Limited. These are a property development company and
property investment company respectively. and both are incorporated in Great Britain and registered
in England.
Financial review
The charity receives income from its investments and from voluntary donations. The charity's
incorning resources were £303,825 for the year (2022: £190,663).

Atlas Memorlal Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 January 2023
Small company provtsions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companics exemption.
The trustees. annual report was approved on 20 October 2023 and signed on behalf of the board of
trustees by".
BcTish Gross
Trustee

Atlas Memorial Linlited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Atlas Memorial Limited
Year ended 31 January 2023
I report to the trustees on my examination of the financial statements of Atlas Memorial Limited ('the
charity,) for the year ended 31 January 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the fInancial statements in accordance with the requirements of
Charities Act (Northern lTeland) 2008 (the .2008 Act.) and the Companies Act 2006 ('the 2006 Act,).
You are satisfied that the accounts of the company are Dot required by charity or company law to be
audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my exaTnination of
the charity's financial statements as Car￿led out under section 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Con]mission foi Northern
Ireland under section 65(9)(b) of the 2008 Act.
Independent e￿9￿1ner'S statement
Since the charity's gross income exceeded £250.000 your exarniner must be a n]ember of a body
listed in section 65 of the 2008 Act. I confinn that l am qualified to undertake the examination
because l am a member of the Institute of Chartered Accountants in England and Wales (ICAEW),
which 15 one of the listed bodies.
I have completed my examination. I confirm that llo matlers have come to my attention in connection
with my examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act. 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 Recommended Practice for accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financia]
Rewiting Standard applicable in the UK and Republic of Ireland (FRS 102).
I confinn that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be Teached.
Mr Dov Harris FCA
Independent Examiner
Cohen Arnold
New Burlillgton House
1075 Finchley Road
London NWI I OPU
20 October 2023

Atlas Memorial Limited
Company Limited by Guarantee
Statement of Financial Activities
(induding income and expenditure account)
Year ended 31 January 2023
2023
2022
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations and legacies
Investment income
102,500
201,325
102,500
201,325
303,825
75,(K)O
115,663
Total income
303,825
190.663
Expenditure
Expenditure on charitable activities
Total expenditure
70 1.222,908
1,222,908
1222,908
1222,908
601,676
601.676
Net gains on investments
(408,492) (408,492) (314,231)
Net expenditure and net movement in funds
(510,591) (510,591)
(96,782)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
3,363,067
3J63,067
2052,476
3,459,849
3,363,(￿7
2,852,476
The scatement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notcs on pages 8 10 14 form part of these financlal statements.

Atlas Memorial Limited
Company LiD)fited by Guarantee
Statement of Financial Posfition
31 January 2023
2023
2022
Note
Fixed assets
Invegtments
13
799,75S
337,513
Current assets
Debtors
Ca.%h at bank and in halld
14 2,295.709
49,216
3.524.803
35.826
2,344,925
3,560.629
Creditors: amounts falling due
thin one year
15
291204
535.075
2,051721
2.852A76
3,025,554
Tolal 8&sets les5 current liabilities
3.363.067
Funds of the charlty
Unrestricted funds
2,852,476
2,852,476
3.363,067
Total charity funds
16
3.363.1￿7
For the year ending 31 January 2023 th¢ charity was entitled to exemption from audit under section
477 of the Companies Acr 2006 relating to small companAes.
Direcrors, responsibilities:
The member has not required the company ro Ob￿1￿ aT] audir of its financial statements for the
year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirernents of the Act
with reSp￿t 10 accounting records and the Preparation of financial si&temenls.
These financial statements have been prepared in accordance wiih the provisions applicable to
companies subject to the small cornpanies, regime.
These financial stdtcments were approved by the board of trusiees and authorised for issue on 20
October 2023. and are signtd on bebalf of the board by".
Berish Gross
Truslce
The notes oth pagt5 8 to 14 form part ot these financial sthtements.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Finaneial Statements
Year ended 31 January 2023
General information
The charity is a public benefit entity and a private company limited by guarantee. registered in
Northern Ireland and a tegistered chillity in Northern Ireland. The address of the registered
office is The EwarL 3 Bedford Square, Belfast, BT2 7EP.
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 applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of beland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value throu￿1 income or expenditure.
The financial stat¢ment5 are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Consolidation
The charity is not required to prepare consolidated accounts in accordance with the Charities Act
2011, and has taken advantage of the option not to prepare consolidated financial statements
contained in Seccion 398 of the Companies Act 2006 on the basis that the charity and its
subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported. These estimates and judgements are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstallces.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's puryoses.
Designated fund5 are unrestricted funds earmarked by the trustees for particular future project or
commitfftent.
Restricted funds are subjected to resttictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes- restricted income funds or
endowment funds.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (tolltinued)
Year ended 31 January 2023
Accounting policies (condnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity. it IS Probable that the economic benefjts associated with the transaction
will flow to the charity and the avnount can be reliably measured. The following specifjc policies
are applied to particular categories of income-
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be me&qured reliably.
legacy income i.s recognised when receipt is probable and entitlernent is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to the
donor or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No arnounts are included for
the contributlOD of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular pU￿Ose and returned if unspent. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes
any VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities. events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable aclivities includes all costs incuffed by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries. including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expendituie categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are
apportioned between the activities they contribute to on a reasonable, justifiable and consistellt
Investments
Shareholdings acquired are initially recorded at cost and subsequently included at trustees, best
estimate of fair value based on the net asset value.
The net assets of the Subsidiary
Undertakings reflect fair values of its underlying properties held for investment. any surplus or
deficit on revaluation is recogni5ed in the SOFA.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 January 2023
Accounting policies (cOn￿￿￿ed)
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost
less any accumulated impaiment losses.
Investments in associates accounted for in accordance with the fair value model are initially
recorded at the transaction price. At each reporting date, the investments are measured at fair
value, with changes in fair value taken through income or expenditure. Where it is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distribulions received from the investment are recO￿ASed as income
without regard to whether the distributions are from accumulated profIts of the ass￿late arising
before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are
recorded at cost less any accumulated impairnient losses.
Investrnents in jointly controlled entities accounted for in accordance with the fair value model
are initially recorded at the transaction price. At each reporting date, the investments are
measured at fair value, with changes in fair value taken through income or expenditure. Where it
is impracticable to rneasure fair value reliably without undue cost or effort, the cost model will
be adopted.
Dividends and other distributions received from the investment are recognised as income
without regard to whether the distributions are from accumulated profits of the joint venture
arising before or after the date of acquisition.
Impairnient of fixed assets
A review for indicators of impaiment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairnient testing, when it is not possible lo estimate the recoverable
amount of an individual asset, an estimate is made of the Tecoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the stnallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or ￿0upS of assets.
For impairment testing of goodwill. the goodwill acquired in a business cornbination is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets OT liabilities of th¢ charity
are assigned to those units.
Financial instruments
A financial asset or a financial liabiliiy is recognised only when the charity becomes a party to
the contractua] provisions of the instrument.
io-

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (tontiKued)
Year ended 31 January 2023
Accounting policies (conixrtuÉd)
Finanei21 instnunents (continued)
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be tneasured
reliably, the investment is subsequentIy measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
ost less impairment.
Other fInaDcial instruments. including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate. in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other fInancial instruments are subsequently measured at fair value, with any changes
reco￿]sed in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairnient at the end of each reporting date. ￿ there is objective evidence of impaim]erAt. an
impairnient loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impaimient. Other financial assets
are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
This company is limited by guarantee and has no share capital. The liability of each Tnember in
the event of winding up is limited to £10.
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Donations
Donations
102,500
101500
75.IK)O
75.(K)O
li

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢onliR&ed)
Year ended 31 January 2023
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Other interest receivable
Foreign exchange gain
72.253
129,072
72,253
129,072
201,325
87.828
27,835
87.828
27.835
201.325
115,663
115,663
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Charitable donations
Support costs
1,213,500
9,408
1,222.908
1213,500
9,408
I,222,￿8
590,500
11,176
601,676
590,500
11,176
601,676
Expenditure on charitable activities by activity type
Grant funding
of activities Support costs
Total funds
2023
Total fund
2022
Charitable donations
Governance costs
1,213.500
12135(K
9,408
1222,908
590,500
11.176
9,408
1,213,500
9,408
601,676
All grants were paid to institutions in support of the relief of poverty, the advancement of health,
the advancement of Jewish religion and the advancement of education.
Included in the charitable activities are the following material grants made during the year:
2023
Asser Bishvil Foundation
Notzar Chesed
Other donations less than £60.000 individually or in aggregate
Total
393,01
178,0
642,500
1213,500
Net gal￿$ on investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Unrealised gainsl{losses) on other
investments
408,492
408,492
314,231
314,231
J2-

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (cortdniiedj
Year ended 31 January 2023
10. Independent examination fees
2023
2022
Fees payable to the independent examiner for:
Independent examination of the financial statements
8,600
10,500
I l. Staff costs
The average head count of employees during the year was Nil {2022: Nil).
No employee received employee benefits of more than £60,0(M) during the year (2022: Nil).
12. Trnstee remuneration and expe￿eS
No trustee received any remund¢ration during the year. The charity did not meet any individual
expenses incurred by the trnstees for services provided to the charity.
13. Investments
Other
investments
Cost or valuation
At l February 2022
Additions
Fair value movements
337513
462242
799,755
At 31 January 2023
Impairnlent
At l February 2022 and 31 January 2023
Carrying amount
At 31 January 2023
At 31 January 2022
799,755
337,513
All investment5 shown above are held at valuation.
14. Debtors
2023
2022
Prepayments and accrued income
Ocher debtors
J911
2293,798
2295,709
4,166
3,520,637
3.524.803
13.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (Cont￿￿ed)
Year ended 31 January 2023
15. Creditors: amounts falling due within one year
2023
2022
Amounts owed to undertakings in which the charity has a
participating interest
Accruajs and deferred income
Other Creditors
75
10,000
282,129
292,204
75
I o,cK)o
525,000
535,075
16. Analysis of charitable funds
Unrestricted funds
At
l February 2022
Gains and
At
losses 31 January 2023
Income Expenditure
General funds
3,363,067
303,825 (1.222,908)
408,492
20S2,476
At
l February 2021
Gains and
At
losses 31 January 2022
Income Expenditure
General funds
3,459.849
190,663 (601.676)
314,231
3.363,067
17. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2023
Investments
Current assets
Creditors less than l year
799,755
799,755
2,344,925
2J44,925
(292,204) (292,204)
2,852,476
2*52,476
Net assets
Unrestricted Total Funds
Funds
2022
Investments
Current assets
Creditors less than l year
337,513
337,513
3560,629
3,560,629
(535,075) (535,075)
3,363,067
3,363,067
Net assets
14-

Atlas Memorial Limited
Company Limited by Guarantee
Management Information
Year ended 31 January 2023
The following pages do not form part of the financial statements.
Is-

Atlas Memorial Llmited
Company Limlted by Guarantee
Detailed Statement of Financial Activities
Year ended 31 January 2023
2023
2022
Income and endowments
Donatlons and legacies
Donations
101500
75,(DO
nvestment income
Other interest receivable
Foreign exchange gain
72253
129,072
201J25
87,828
27,835
115.663
Total income
303,825
190.663
Expenditure
Expenditure on charitable activities
Other establishment
Legal and professional fees
Charitable donations
708
8,71M
1213500
1222,908
676
10,500
590,500
601.676
Total expenditure
1222908
601,676
Net gains on investments
Unrealised gainsl(losses) on other investments
(408,492) (314.231)
Net expenditure
(510,591)
(96,782)
16-

Atlas Memori21 Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financlal Activities
Year ended 31 January 2023
2023
2022
Expenditure on charitable actAvities
Charitable donations
Grantfunding activilies
Charitable donations
1213500
590.51X)
Governance costs
Office admiThistrdtive costs
Accountancy fees
708
676
10,500
11.176
Expenditure on charitable activities
1,222908
601.676
17-