COMPANY REGISTRATION NUMBER: N1057073
CHARITY REGISTRATION NUMBER: NIC101043
Atlas Memorial Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 January 2025

Atlas Memorial Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 January 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examiner'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 forni part of the financial statements
Detailed statement of financial activities
18
Notes to the detailed statement of financial activities
19

Atlas Memorial Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 January 2025
The trustees, who are also the directors for the purposes of cotnpany lilw, present their report and the
unaudited financial statements of the charity for the year ended 31 January 2025.
Reference and administrative details
Registered charity name
Charity registration number NICIOI 043
Company registration number N1057073
Principal office and registered The Ewart
office
3 Bedford Square
Belfast
BT2 7EP
Atlas Memorial Limited
The trustees
Berish Gro%$
18rael Gross
Joel Gross
Abrtham Gross
Company secretary
Structure? governance and management
The charity is constituted as a company limited by guarantee and as such, its governing document5 are
its Memorandum and knicles of As8ociation.
Beri8h Gross
The organisation is run by the governors who are trustee%. 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 £960,000 (2024.. £1,081,000) in aid of such
activities.
The charity's wholly-owned subsidiary undertaking, Wharf Properties Limited, is engaged in property
development and the trustees consider its results for the year ended 31 January 2025 to be
satisfdctory.

Atlas Memorial Limited
Company Limited by Guarantee
Trustees, Annual Report Uncorporating the Director's Report) (contiiiued)
Year ended 31 January 2025
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 from time to time determine.
Aims, objectives and activities for public benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guiddnce on public benefjt when reviewing the Ch(￿lty'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 crileria and
regularly support a number of these institutions and organisations, which themselves <we growing
worldwide.
The charity is also supportive of organisations which are solely committed to the relief of poverty.
Such organisations assist needy Jewish families financially and also through distribution of basic
needs.
The income of the charity is derived from investmentg 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) (¢o*ttirtued)
Year ended 31 January 2025
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 in the forthcoming years subject to
incoming resources being maintained at a satisfactory level. It is the trustees, aim to ensure future
income stream by the acquisition of investments, the income of which will reduce its dependence on
voluntary donations.
Grant making policy
The charity accepts applications for grants from representatives of various charities, which
reviewed by the trustees on a regular basis.
Investment powers and policy
In accordance with the governing document, the charity has the power to make any investments,
which the tru.8tees see fit. The trutstee.% regularly review the charity's position and needs in respect of
the investmeni policy.
Reserves policy
The reserves of the charity are represented by the unrestricted funds.
It 18 the policy of charity to maintdin unrestricted funds, which are the free reserves of the charity, at a
level which the trustees Ihink 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 company owns IOOlo of the ordinary share capital of Wharf Properties Limited and 25 % of the
ordin￿Y 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. The income and expendilure derived frotn these investments are reflected in Atlas
Memorial Limited's finanLial statements.
Financial review
The charity receives income from it8 inveslments and from voluntary donations. The charity's
incoming resources were £356,901 for the year (2024: £171,364).
Small company provisions
This report hab been prepared in accordance with the provision.8 applicable to companies entitled to
the small companies exemption.

Adas Memorial Llmlted
Company Limited by Guarantee
Truste&s' A]mual Report (Incorporating the Director's Report) (¢•nÉiift￿￿)
Year ended 31 January 2025
The trustees, annual report was approved on 24 October 2025 and signed on behalf of the board of
trllsfres by:
Joel Gross
Truste¢

Atlas Memorial Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Atlas Memorial Limited
Year ended 31 January 2025
I report to the trustees on my examination of the financial statements of Atlas Memorial Limited ('the
charity,) for the Ye1￿ ended 31 January 2025.
Responsibilities and basis of report
As the trustee5 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 Ireland) 2008 (the '2008 Act,) and the Companies Act 2006 ('the 21K)6 Act. ).
You are satisfied that the accounts of the company are not required by charity or company law to be
audited and have chosen instead to have an independent exdmination.
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 re.%pect of my examination of
the charAty's financial 8tatements as carried out under seclion 65 of the 2008 Act. In carrying out my
examination I have followed the general Directions given by the Charity Commission for Northern
treland under section 65(9)(b) of the 2008 Act.
Independent examiner's statement
Since the Ch￿lty,S gross income exceeded £250,000 your examiner must be a member of a body
listed in section 65 of the 2008 Act. I confirm 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 is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with my exdmination giving me cause to believe that in any material respeLt'.
accounting records were not kept in respect of the charity a.s 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 exa￿inatIOn. or
the financial statements hdve 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 Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Atlas Memorial Limited
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Atlas Memorial Limited (eonlinued)
Year ended 31 January 2025
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding of the accounts to be reached.
Mr Dov Harris FCA
Independent Examiner
Cohen Arnold
New Builington House
1075 Finchley Road
London NWI I OPU
24 October 2025

Atlas Memorial Limited
Cornpany Limited by Guarantee
Statement of Flnancial Activities
(including income and expenditure account)
Year ended 31 January 2025
2025
2024
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations and legacies
Investment income
200.000
156,901
200,000
156,901
356,901
200,0(M)
(28,636)
171,364
Total income
356.901
Expenditure
Expenditure on charitable activities
Total expenditure
969,395
969,395
969,395
969,395
1,090,400
1,090,400
Net gains on investments
(25,214)
(25,214)
(28,602)
Net expenditure and net movement In funds
(587,280) (587,280) (890,434)
Reconciliatlon of funds
Total funds brought forward
Total funds carried forward
1,962,042
1,374,762
1,962,042
1,374,762
2,852,476
1,962.042
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing aLtivities.
The note5 on pages 9 to 16 form part oc these financial statements.

Atlas Memorial Limited
Company Limited by Guarantee
Statement of Financial Position
31 January 2025
2025
2024
Note
Fixed assets
Investments
13
571,392
546.178
Current assets
Debtors
Cash at bank aThd in hand
14
815,429
6,384
821,813
1,429.382
I,L87
1.430,569
Creditors: amounts falling due
within one year
Net current assets
15
18,443
14.705
803,370
1?74,762
1.415,864
Total assets less current liabilitles
1,962.042
Funds of the chartty
Unrestticted funds
1,374,762
1,374,762
1.962,042
Total charlty funds
16
1,96?.04?
For the year ending 31 January 2025 the charity was entiiled to exemption from audit undcr section
477 of the Companies Acl 2006 relating to small companies.
Directors, responsibiliries:
The member ha5 not required the company to ob(ain an audit of its financial statements for the
year in question in accordance wilh seclion 476;
The directors acknowledge their responbibilities for complying with the requiremenis of the Act
WAth respect to accounting record5 and the preparation of financial statement8.
These financial stafrmtnts have been prepared in accordance with the provisions applicable LO
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 24
October 2025, and Si￿ed on behalf of the board by:
Joel Gross
Trnscee
The notes on pages 9 to 16 form purt of these finani1￿l5tttteMents.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statsments
Year ended 31 January 2025
General information
The charity is a public benefjt entity and a private company limited by guarantee, registered in
Northern Irelaud and a registered charity in Northern Ireland. The address of the registered
office is The Ewart, 3 Bedford Square, Belfast, B T2 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 Treland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial statements have been prep￿ed on the historical cost basis, as modified by the
revaluation of certdin financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no Tnaterial uncertalnties 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 lo prepare consolidated financial statements
contained in Section 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 uncertalnty
The prepardtion of the financial statements requires management to make j udgements, estimates
and assumptions that affect the amounts reported. These estimates and judgement.s are
continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's Purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to reslrictions on their expenditure declared by the donor or
through the terms of an appeal, and fdll into one of two sub-classes: restricted income funds or
endowment funds.

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (cont￿￿ed)
Year ended 31 January 2025
Accounting policies fcontinued)
Incoming resources
All incoming resources ￿e included in the statement of financial activities when entitlement has
passed to the charity. it is probable that the economic benefits &is8ociated with the tran8action
will flow to the charity and the amount can be relidbly measured. The following specific 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 measured reliably.
legacy income is recognised when receipt is probable and entitlement 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 service5 are recognised in the
accounts when received if the value can be reliably measured. No amounts aTe included for
the contribution of general volunteers.
income from contracts for the Supply of services is recognised with the delivery of the
contracted service. This is classifjed as unrestricted funds unless there is a contractual
requirement for it to be 8pent on a particular purpose and returned if un8pent, 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 V AT which cannot be fully recovered, and 1.8 classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activitie8, events, non-
charitable trading activities, and the sale of donated goods,
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charilable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to Ch￿itable
activities.
other expenditure include8 all expenditure that il* neither related to raising funds for the
charity nor parl of its expenditure on charitable activitiets.
All costs are allocated to expenditure calegories reflecting the use of the iesollrce. Direct costs
dttributable to a single activity are allocated directly to that activity. sh￿ed costs are
apportioned between the activities they contribute to on a reasonable, justifiable and consistent
basis.
Investments
Shareholdings acquired are initially recorded at cost and subsequently included at Irustees, best
estimate of fair value based on the net asset value.
The net assets of tbe Subsidiary
Undertakings reflect fair values of its underlying properties held for investment. any suryylu8 or
deficit on revaluation is recognised in the SOFA.
io-

Atlas Mernorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (coiitiiiuedj
Year ended 31 January 2025
Accounting policies fcontinued)
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost
less any accumulated impairment 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. IVheTe it is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investmenl are recognised as income
without regard to whether the distributions are from accumulated profits of the associale 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 impairment losses.
Investments in jointly controlled entities aLcounted for in accorddnce 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 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.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exi8t. Where the carrying value exceeds the
recoverable amount, the as%et is impaired accordingly. Prior impairnients are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset. dn estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflow8 from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating unit8 that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to ihose units.
Financial instruments
A financial asset or a financial liability is recognised only whell the Lharity becomes a party to
the contractual provisions of the instrument.
li

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Staternents (eoiitiiiuedj
Year ended 31 January 2025
Accounting policies fcontinyed)
Financial instruments (eonliiiued)
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 iit the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortl8ed cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
co%t less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond nornial business terms or financed at a rate of interest
that is not a market rate, in which case the asset is me&8ured 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
recognised 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 reviewed for objeclive evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment lo.%s is recognised under the appropriate heading in the statement of financiiil
activities in which the initial gain was recognised.
For all equity in.%truments regardless of .8ignificance, and other financial assets that are
individually 8ignificant, these are asses.ged individually for impairment. 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
Thls company is limited by guarantee and has no share capital. The liability of each member in
the event of winding up is limited to £10.
Donations and legacies
Unreslricted Total Funds Unrestricted Total Fund
Funds
2025
Funds
2024
Donations
Donations
200,000
200,000
200,000
200.000
12-

Atlas Memorial Limited
Cojnpany Limited by Guarantee
Notes to the Financial Statetnents (eontiiiued)
Year ended 31 January 2025
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interest receivable
Other interest receivable
Foreign exchange gainl(1088)
42
37,842
119.017
42
37,842
119,017
156,901
661
41,927
(71,224)
(28,636)
661
41,927
(71,224)
(28,636)
156,901
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Tota] Funds
Funds
2025
Funds
2024
Charitable donations
Support costs
960,000
9,395
960,000
9,395
969,395
1,081,000
9,400
1,081,000
9,400
969,395
1,090,400
1,090,400
Expenditure on charitable actlvitics by activity type
Grant funding
of activities Support costs
Total funds
2025
Total fund
2024
Charitable donations
Governdnce costs
960,000
960,000
9,395
969,395
1,081,000
9,4(K)
9,395
9,395
960,000
1,090,400
All grants were paid to in.8titulions 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".
2025
The Rehabilitation Trust
United Talmudical Associates Ltd
Mifal Tzedoko Vochesed Ltd
Friends of Bels Chinuch Lebonos Trust
Amounts no greater than £50,000 individually or in dggregate
130,0110
100,000
58,000
51,01
621,00
960,000
13-

Atlas Memorial Limited
Cornpany Limited by Guarantee
Notes to the Financial Statements leontinuedj
Year ended 31 January 2025
Net gains on investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Unreali8ed gainsl(losses) on other
investments
25,214
25,214
28,602
28,602
10. Independent examination fees
2025
2024
Fees payable to the independent examiner for:
Independent examination of the financial statement8
8,700
8,700
11. Staff costs
The average head count of employee5 during the year was Nil (2024: Nil).
No employee received employee benefits of more than £60,000 during the year (2024,, Nil).
12. Trustee remuneration and expenses
No trustee received any remunderation during ihe year. The charity did not meet any individual
expense% incurred by the trustees for services provided to the charity.
13. Investments
Other
investments
Cost or valuation
At l Februiwy 2024
Additions
Fair value movements
546,178
25,214
571,392
At 31 January 2025
Impairment
At l February 2024 and 31 January 2025
Carrying amount
At 31 January 2025
At 31 January 2024
571,392
546,178
All investments shown above are held at valuation.
14-

At]as Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlinu¢d)
Year ended 31 January 2025
14. Debtors
2025
2024
Prepayments and accrued income
Other debtors
464
1,428,918
1.429,382
815,429
815,429
15. Creditors: amounts falling due Ivithin one year
2025
2024
Amounts owed to undertakings in which the charity has a
participating interest
Accruals dnd deferTed income
Other creditors
25
10,000
8,418
18,443
26
l O.O(K)
4,679
14,705
16. Analysis of charitable funds
Unrestricted funds
At
l Februdry 2024
Gains and
At
losses31 January 2025
Income Bxpenditure
General funds
1,962,042
356,901 (969,395)
25,214
lJ74,762
At
l February 2023
Gains and
At
losses 31 January 2024
Income Expenditure
General funds
2,852,476
171,364 (1,090,400)
28,602
1,962,042
15-

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Financial Statements (eonr¢nued)
Year ended 31 January 2025
17. Analysis of net a55ets between funds
Unrestricted Total Funds
Funds
2025
Investments
Current assets
Creditors less than l year
Net assets
571,392
821,813
(18,443)
1,374,762
571,392
821,813
(18,443)
1,374,762
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Creditors less than l ye
Net assets
546,178
1,430,569
(14,705)
1,962,042
546,178
1,430,569
(14,705)
1,962,042
16-

Atlas Memorial Limited
Company Limited by Guarantee
Management Information
Year ended 31 January 2025
The following pages do not form part of the financial statements.
17-

Atlas Memorial Limited
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 January 2025
2025
2024
Income and endowments
Donations and legacies
Donalions
200,000
200,0(X)
Investment income
Bank interest receivable
Other interest receivable
Foreign exchange gainl(108s)
42
37,842
119,017
156,901
661
41,927
(71,224)
(28,636)
Tot91 income
356,901
171,364
Expenditure
Expenditure on charitable activities
Other establishment costs
Legal and professional fees
Charitable donations
696
8,699
960,000
969,395
699
8,701
1,081,000
1,090,4CM)
Total expenditure
969,395
1,090,4(KI
Net gains on investments
Unrealised gainsl(losses) on other investments
(25,214)
(28,602)
Net expenditure
(587,280) (890,434)
18-

Atlas Memorial Limited
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 JanU￿Y 2025
2025
2024
Expenditure on charitable activities
Charitable donations
Grantfunding activities
Charitable donations
960,000
1,081,000
Governance costs
Office administrative costs
Accountancy fees
696
8,699
9,395
699
8,701
9,4(X)
Expenditure on charitgble activities
969,395
1,090,400
19-