IRIS Accounts Production v25.1.3.33 Other Company accounts True false Pounds 1.9.23 31.8.24 31.8.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh063545172023-08-31063545172024-08-31063545172023-09-012024-08-31063545172022-08-31063545172022-09-012023-08-31063545172023-08-3106354517ns0:CharitableCompanyLimitedByGuarantee2023-09-012024-08-3106354517ns15:PoundSterling2023-09-012024-08-3106354517ns11:FRS1022023-09-012024-08-3106354517ns11:IndependentExaminationCharity2023-09-012024-08-3106354517ns11:SmallCompaniesRegimeForAccounts2023-09-012024-08-3106354517ns11:FullAccounts2023-09-012024-08-3106354517ns11:CharitiesSORP2023-09-012024-08-3106354517ns0:Trustee12023-09-012024-08-3106354517ns0:Trustee22023-09-012024-08-3106354517ns11:RegisteredOffice2023-09-012024-08-3106354517ns0:TotalUnrestrictedFunds2023-09-012024-08-3106354517ns0:TotalRestrictedIncomeFunds2023-09-012024-08-3106354517ns0:Activity82023-09-012024-08-3106354517ns0:TotalUnrestrictedFundsns0:Activity82023-09-012024-08-3106354517ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-09-012024-08-3106354517ns0:Activity82022-09-012023-08-3106354517ns0:Activity92023-09-012024-08-3106354517ns0:TotalUnrestrictedFundsns0:Activity92023-09-012024-08-3106354517ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-09-012024-08-3106354517ns0:Activity92022-09-012023-08-3106354517ns0:TotalUnrestrictedFunds2023-08-3106354517ns0:TotalRestrictedIncomeFunds2023-08-3106354517ns0:TotalUnrestrictedFunds2024-08-3106354517ns0:TotalRestrictedIncomeFunds2024-08-3106354517ns10:WithinOneYear2024-08-3106354517ns10:WithinOneYear2023-08-310635451722023-09-012024-08-310635451732023-09-012024-08-31
REGISTERED COMPANY NUMBER: 06354517 (England and Wales)
REGISTERED CHARITY NUMBER: 1120921



















KEHAL CHASIDEI WIZNITZ LIMITED
(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

KEHAL CHASIDEI WIZNITZ LIMITED






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Reference and Administrative Details 1

Report of the Trustees 2 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Cash Flow Statement 8

Notes to the Cash Flow Statement 9

Notes to the Financial Statements 10 to 14

KEHAL CHASIDEI WIZNITZ LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 AUGUST 2024



TRUSTEES M H Kahan
J Arberman


REGISTERED OFFICE First Floor
94 Stamford Hill
London
N16 6XS


REGISTERED COMPANY
NUMBER
06354517 (England and Wales)


REGISTERED CHARITY
NUMBER
1120921


INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS


BANKERS HSBC Bank plc
312 Seven Sisters Road
Finsbury Park
London
N4 2AW

KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024


Reference and administrative information
Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES
Objects for public benefit
The objects of the charity are, the advancement of the Orthodox Jewish Faith, the advancement of Orthodox Jewish Religious Education and the relief of poverty, sickness and infirmity amongst members the Jewish Faith in any part of the world.

The trustees have considered the Charity Commission's guidance on public benefit.

Charitable activities
The charity operates a voucher system, allowing donors control of their giving in an easy, manageable and tax efficient manner. Incoming resources on the unrestricted fund comprise, in the main, fee income from donors to the voucher system, and on the restricted fund income from donations into individual and company accounts.

Grantmaking
Grants on the unrestricted fund are made at the trustees' discretion from their knowledge of the various institutions. On the restricted fund grants are made in accordance with the wishes of the donor provide they accord with the objects of the charity.

FINANCIAL REVIEW
Financial review
There was a 45% increase in both income and a commensurate 40% increase in grantmaking. The trustees are pleased to report that the charity posted a surplus for the year.

Reserves policy
The charity does not have a specific reserve policy. Grants are made whenever an appropriate need for funds arise on the unrestricted fund and at the donors' discretion from the restricted funds. At the year end unrestricted funds were £5,968 (2023 - £1,291) and restricted funds £10,002 (2023 - £1,492).

FUTURE PLANS
The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution
The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 28 August 2007.

Recruitment and appointment of new trustees
The power to appoint new trustees is vested in the continuing board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.

Risk management
The trustees have reviewed the major risks that the charity is exposed and confirm that they have established systems to mitigate them.


KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 AUGUST 2024

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 17 June 2025 and signed on its behalf by:





M H Kahan - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
KEHAL CHASIDEI WIZNITZ LIMITED

Independent examiner's report to the trustees of Kehal Chasidei Wiznitz Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2024.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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 examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts 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
4. the accounts 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.








E Meyer FCA BSc

Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS

17 June 2025

KEHAL CHASIDEI WIZNITZ LIMITED

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 AUGUST 2024

2024 2023
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies - 654,423 654,423 452,569

Other trading activities 2 34,444 - 34,444 23,819
Total 34,444 654,423 688,867 476,388

EXPENDITURE ON
Charitable activities 3
Grantmaking 26,399 645,913 672,312 475,668
Support 3,368 - 3,368 2,141
Total 29,767 645,913 675,680 477,809

NET INCOME/(EXPENDITURE) 4,677 8,510 13,187 (1,421 )


RECONCILIATION OF FUNDS
Total funds brought forward 1,291 1,492 2,783 4,204

TOTAL FUNDS CARRIED FORWARD 5,968 10,002 15,970 2,783

KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 8 - 3,000
Cash at bank 18,250 1,823
18,250 4,823

CREDITORS
Amounts falling due within one year 9 (2,280 ) (2,040 )

NET CURRENT ASSETS 15,970 2,783

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,970

2,783

NET ASSETS/(LIABILITIES) 15,970 2,783
FUNDS 11
Unrestricted funds:
General fund 5,968 1,291
Restricted funds:
Restricted fund 10,002 1,492
TOTAL FUNDS 15,970 2,783

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


KEHAL CHASIDEI WIZNITZ LIMITED (REGISTERED NUMBER: 06354517)

BALANCE SHEET - continued
31 AUGUST 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 17 June 2025 and were signed on its behalf by:





M H Kahan - Trustee

KEHAL CHASIDEI WIZNITZ LIMITED

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024

2024 2023
Notes £    £   

Cash flows from operating activities
Cash generated from operations 1 16,427 1,819
Net cash provided by operating activities 16,427 1,819

Change in cash and cash equivalents
in the reporting period

16,427

1,819
Cash and cash equivalents at the
beginning of the reporting period

1,823

4
Cash and cash equivalents at the end
of the reporting period

18,250

1,823

KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 AUGUST 2024

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024 2023
£    £   
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)

13,187

(1,421

)
Adjustments for:
Decrease in debtors 3,000 3,000
Increase in creditors 240 240
Net cash provided by operations 16,427 1,819


2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.23 Cash flow At 31.8.24
£    £    £   
Net cash
Cash at bank 1,823 16,427 18,250
1,823 16,427 18,250
Total 1,823 16,427 18,250

KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
Donations are included in full in the Statement of Financial Activities when received.

Expenditure
Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT which is reported as part of the expenditure to which it relates.

Grants are only recognised in the accounts when paid

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Going concern
There are no material uncertainties about the charity's ability to continue.

2. OTHER TRADING ACTIVITIES
2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
£    £    £    £   
Fee income 34,444 - 34,444 23,819


KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

3. CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities Support
(see note costs (see
4) note 5) Totals
£    £    £   
Grantmaking 672,225 87 672,312
Support - 3,368 3,368
672,225 3,455 675,680

4. GRANTS PAYABLE
2024 2023
£    £   
Grantmaking 672,225 475,668
The total grants paid to institutions during the year was as follows:
2024 2023
£    £   
Advancement of education 224,420 103,885
Advancement of religion 93,253 47,367
Relief of poverty 280,287 247,290
Medical 9,877 14,770
Social welfare 6,228 59,356
614,065 472,668

Amud Hatzdokoh Trust 42,819
Chasdei Aharon Ltd 25,421
Torath Moishe Viznitz Club 32,221
Live and Learn 25,000
Kupas Hachesed Yad Shaul 23,755
Bait Limud Vchesed 21,447
Chevras Mo'oz Ladol 20,742
Aiming High London 18,681
Mercaz Chasidei Wiznitz Trust 17,361
College for Higher Rabbinical Studies 16,740
Start Upright 16,375
Mifal Tzedoko Vchesed 15,388
Ezrath Nissuin Fund 15,300
Others under £15,000 322,815
614,065

The total grants paid to individuals during the year was as follows:
2024 2023
£    £   
Relief of poverty 58,160 3,000


KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Grantmaking - 87 87
Support 66 3,302 3,368
66 3,389 3,455

Support costs, included in the above, are as follows:

Finance
2024 2023
Total
Support activities
£    £   
Bank charges 66 66
Governance costs
2024 2023
Total Total
Grantmaking Support activities activities
£    £    £    £   
Independent examiner's fee - 720 720 600
Independent examiner's other fees - 1,560 1,560 1,440
General expenses 87 1,022 1,109 35
87 3,302 3,389 2,075

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.


7. AVERAGE NUMBER OF STAFF

The average number of staff in the year was Nil (2023 - Nil).


KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Loan - 3,000

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 2,280 2,040

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024 2023
Unrestricted Restricted Total Total
fund fund funds funds
£    £    £    £   
Current assets 8,248 10,002 18,250 4,823
Current liabilities (2,280 ) - (2,280 ) (2,040 )
5,968 10,002 15,970 2,783

11. MOVEMENT IN FUNDS
Net
movement At
At 1.9.23 in funds 31.8.24
£    £    £   
Unrestricted funds
General fund 1,291 4,677 5,968

Restricted funds
Restricted fund 1,492 8,510 10,002

TOTAL FUNDS 2,783 13,187 15,970

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 34,444 (29,767 ) 4,677

Restricted funds
Restricted fund 654,423 (645,913 ) 8,510

TOTAL FUNDS 688,867 (675,680 ) 13,187


KEHAL CHASIDEI WIZNITZ LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.9.22 in funds 31.8.23
£    £    £   
Unrestricted funds
General fund 4,204 (2,913 ) 1,291

Restricted funds
Restricted fund - 1,492 1,492

TOTAL FUNDS 4,204 (1,421 ) 2,783

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 23,819 (26,732 ) (2,913 )

Restricted funds
Restricted fund 452,569 (451,077 ) 1,492

TOTAL FUNDS 476,388 (477,809 ) (1,421 )

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 August 2024.