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REGISTERED COMPANY NUMBER: 04896581 (England and Wales)
REGISTERED CHARITY NUMBER: 1100912














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

ANSHEI SHALOM

ANSHEI SHALOM

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024










Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Statement of Financial Position 6 to 7

Notes to the Financial Statements 8 to 14

ANSHEI SHALOM (REGISTERED NUMBER: 04896581)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH SEPTEMBER 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30th September 2024. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and Aims
The Charity is constituted as a company limited by guarantee, and is therefore governed by a Memorandum and Articles of Association. The Charity is registered with the Charity Commission.

The Charity's object and its principal activities are:

(a) To advance the Orthodox Jewish faith primarily but not exclusively by administering and maintaining the Anshei Shalom synagogue and by providing the facilities for public communal worship for members of the Jewish faith.


(b) The advancement of Orthodox Jewish religious education primarily but not exclusively by arranging educational classes and courses of study at the synagogue and by providing facilities for religious study.

(c) The relief of poverty amongst persons of the Jewish faith.

The Charity is organised so that the Directors and Trustees meet regularly to manage its affairs. We are grateful to the many volunteers who assist the Charity in numerous ways.

Public benefit
The trustees have carefully considered the public benefit requirements and their duty to ensure that they are compliant with them. They feel that the activities as detailed below, more than adequately, satisfy the public benefit requirement.

The trustees continue to operate within the confines of the charity objectives namely in the respect of the advancement of Orthodox Jewish education by arranging educational classes and courses of study at the synagogue and by providing facilities for religious study. The Charity also provides the facilities for public communal worship for members of the Jewish faith and relief of poverty amongst persons of the Jewish faith by distributing donations and grants.

The trustees provide grants to a variety of charitable educational establishments encompassing assistance with staffing and curriculum. The trustees have also identified institutions which as a result of the economic downturn are experiencing a reduction in their fee income and have provided assistance to them in this respect as well.

Where the trustees make grants to institutions, they stipulate how these monies should be spent and constantly monitor the effectiveness of the allocation of the resources extended through the grant funding.

The trustees are of the opinion that this latter method of funding combines both objectives of the charity such that through the grants to the institution, students who are partly able or unable to pay their fees, are also assisted.

ACHIEVEMENT AND PERFORMANCE
The Trustees note that the charity has increased donations in the year, the cash reserve has increased substantially.

FINANCIAL REVIEW
Financial position
The Statement of Financial Activities shows a Deficit for the year of £27,941 (2023 : Surplus of £7,620).


ANSHEI SHALOM (REGISTERED NUMBER: 04896581)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


FINANCIAL REVIEW
Reserves Policy
The charity's reserves policy is to maintain sufficient reserves to enable the charity to continue its activities and services at a meaningful level, should there be a considerably drop in the level of donations . As all income is derived from voluntary donations, the trustees review this position on a regular basis.
In view of this the trustees aim to maintain a level of reserves sufficient to meet three months basic operating costs.
Having regard to the above the Trustees are of the opinion that the cash reserves held as at the year end
would be sufficient to meet three months basic operating costs and, they intend to increase the reserves held in the forthcoming year.

Cash reserves as at the year end stood at £94,379 (2023 £118,347).

Going concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

FUTURE PLANS
The Charity continues to press forward with its mission and to broaden its appeal. Whilst it has taken on some additional expenditures, the Community has continued to financially support its initiatives. Whilst we do not expect much in the way of a surplus for the forthcoming year, we are not expecting any erosion in our reserves.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
All Directors of the company are also Trustees of the Charity, and there are no other Trustees. All of the Trustees named above served throughout the year. The Board has the power to appoint additional trustees as it considers fit to do so.

Related parties
There were no related parties during the year (2022- None).

Risk management
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at as high a level as possible, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.
The Trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
04896581 (England and Wales)

Registered Charity number
1100912

Registered office
923 Finchley Road
Golders Green
London
NW11 7PE


ANSHEI SHALOM (REGISTERED NUMBER: 04896581)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


Trustees
R Hayim Director
H Elias
A N Nejad

Company Secretary
R Hayim

Independent Examiner
Akiva Kahan FCA
Joseph Kahan Associates LLP
Chartered Accountants
923 Finchley Road
London
NW11 7PE

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 17th June 2025 and signed on its behalf by:





R Hayim - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
ANSHEI SHALOM


Independent examiner's report to the trustees of Anshei Shalom ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30th September 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
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.








Akiva Kahan FCA

Joseph Kahan Associates LLP
Chartered Accountants
923 Finchley Road
London
NW11 7PE

Date: June 2025

ANSHEI SHALOM

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 245,049 287,031

Investment income 2 533 347
Total 245,582 287,378

EXPENDITURE ON
Charitable activities 3
Educational outreach and Religious Activities 273,523 279,758

NET INCOME/(EXPENDITURE) (27,941 ) 7,620


RECONCILIATION OF FUNDS
Total funds brought forward 130,207 122,587

TOTAL FUNDS CARRIED FORWARD 102,266 130,207

ANSHEI SHALOM (REGISTERED NUMBER: 04896581)

STATEMENT OF FINANCIAL POSITION
30TH SEPTEMBER 2024

2024 2023
Unrestricted Total
fund funds
Notes £    £   
FIXED ASSETS
Tangible assets 9 26,977 27,435

CURRENT ASSETS
Debtors 10 9,439 9,800
Cash at bank 94,379 118,347
103,818 128,147

CREDITORS
Amounts falling due within one year 11 (28,529 ) (25,375 )

NET CURRENT ASSETS 75,289 102,772

TOTAL ASSETS LESS CURRENT
LIABILITIES

102,266

130,207

NET ASSETS 102,266 130,207
FUNDS 12
Unrestricted funds 102,266 130,207
TOTAL FUNDS 102,266 130,207

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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.


ANSHEI SHALOM (REGISTERED NUMBER: 04896581)

STATEMENT OF FINANCIAL POSITION - continued
30TH SEPTEMBER 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 17th June 2025 and were signed on its behalf by:





R Hayim - Trustee

ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 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
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Heritage assets - not provided
Computer equipment - 25% on reducing balance

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Financial instruments
The Charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


1. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. INVESTMENT INCOME
2024 2023
£    £   
Bank Interest received 533 347

3. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 4) Totals
£    £    £   
Educational outreach and Religious
Activities

268,675

4,848

273,523


ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


4. SUPPORT COSTS
Governance
costs
£   
Educational outreach and Religious
Activities

4,848


5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 458 612

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the year ended 30th September 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 30th September 2024 nor for the year ended 30th September 2023.


7. STAFF COSTS

Remuneration Policy

The governing principles of the charity's remuneration policy are as follows:

- To ensure delivery of the charity's objectives
- To attract and retain a motivated workforce with the skills and expertise necessary for organisational effectiveness
- The remuneration should be equitable and coherent accords th organisation
- To take account of the purposes, aims and values of the charity
- To ensure that pay levels and pay increment are appropriate in the context of the interest of our beneficiaries.

The average monthly number of employees during the year was as follows:

2024 2023
Employees 3 3

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2024 2023
£70,001 - £80,000 1 1

ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 287,031

Investment income 347
Total 287,378

EXPENDITURE ON
Charitable activities
Educational outreach and Religious Activities 279,758

NET INCOME 7,620


RECONCILIATION OF FUNDS
Total funds brought forward 122,587

TOTAL FUNDS CARRIED FORWARD 130,207

9. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Heritage Computer
machinery fittings assets equipment Totals
£    £    £    £    £   
COST
At 1st October 2023 and
30th September 2024

1,016

64,663

25,600

932

92,211

DEPRECIATION
At 1st October 2023 968 62,901 - 907 64,776
Charge for year 12 440 - 6 458
At 30th September 2024 980 63,341 - 913 65,234
NET BOOK VALUE
At 30th September 2024 36 1,322 25,600 19 26,977
At 30th September 2023 48 1,762 25,600 25 27,435

The heritage assets disclosed in the accounts are Torah Scrolls. The carrying value of the scrolls at the beginning and the end of the year was £25,600.

The trustees carried out an impairment review on the scrolls and they believe that the carrying value is not significantly material in excess of its cost value.
The Torah scrolls were purchased over a 2 year period, five years ago.

ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,003 4,357
Rent deposit 4,459 4,459
Prepayments 977 984
9,439 9,800

Trade and other debtors are recognised at the settlement amount due after any discounts offered.
Prepayments are valued at the amount prepaid net of any discounts due. Trade debtors represents gift aid reclaimable at the end of the year.

11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 24,148 19,371
Social security and other taxes 2,274 3,947
Other creditors 207 207
Accrued expenses 1,900 1,850
28,529 25,375

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts.

12. MOVEMENT IN FUNDS
Net
At movement At
1/10/23 in funds 30/9/24
£    £    £   
Unrestricted funds
General fund 130,207 (27,941 ) 102,266

TOTAL FUNDS 130,207 (27,941 ) 102,266

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 245,582 (273,523 ) (27,941 )

TOTAL FUNDS 245,582 (273,523 ) (27,941 )


ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
At movement At
1/10/22 in funds 30/9/23
£    £    £   
Unrestricted funds
General fund 122,587 7,620 130,207

TOTAL FUNDS 122,587 7,620 130,207

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 287,378 (279,758 ) 7,620

TOTAL FUNDS 287,378 (279,758 ) 7,620

A current year 12 months and prior year 12 months combined position is as follows:

Net
At movement At
1/10/22 in funds 30/9/24
£    £    £   
Unrestricted funds
General fund 122,587 (20,321 ) 102,266

TOTAL FUNDS 122,587 (20,321 ) 102,266

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 532,960 (553,281 ) (20,321 )

TOTAL FUNDS 532,960 (553,281 ) (20,321 )

ANSHEI SHALOM

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024


13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30th September 2024.