REGISTERED COMPANY NUMBER: 00846151 (England and Wales)

REGISTERED CHARITY NUMBER: 242649

EMUNO EDUCATIONAL CENTRE LIMITED

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

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

Notes to the Financial Statements

8

to

12

TRUSTEES

I Y Chersky

A Kahn

I Traube

S Hecht

COMPANY SECRETARY

I Y Chersky

REGISTERED OFFICE

First Floor

94 Stamford Hill

London

N16 6XS

REGISTERED COMPANY NUMBER

00846151 (England and Wales)

REGISTERED CHARITY NUMBER

242649

INDEPENDENT EXAMINER

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

BANKERS

Barclays Bank Plc

240 Whitechapel Road

London

E1 1BS

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 31 March 2025. 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).

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 object of the charity is to advance and promote Hasidic Judaism in the UK and in Israel in accordance with the denomination known as the 'Gerer Hasidim'. This includes providing facilities to worship and study in accordance with their philosophy, supporting Gerrer educational institutions, especially higher Talmudical colleges, and providing general welfare assistance. Grants are also made to other institutions and charities. The charity owns a property which is used and run by the Gerer Synagogue.

The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The trustees are satisfied with the results for the year.

FINANCIAL REVIEW

Reserves policy

It is the policy of the trustees to distribute funds as available and therefore no provision is made for future funding. Reserves at the year end were ££2,017,637 (2024 - £2,001,498) of which £6,207 (2024- £1,498) are free reserves.

FUTURE PLANS

The trustees are winding down the activities of the charity which are being taken over by another charity of the Gerrer Institutions.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as limited company and is governed by its Memorandum and Articles of Association dated 20th April 1965.

Organisational structure

The day to day affairs or the charity is administered by the trustees. The power to appoint new trustees is vested in the trustees. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity and its working. They are also encouraged to read the Charity Commission's various publications on trustees.

Risk management

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

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 3 December 2025 and signed on its behalf by:

A Kahn - Trustee

Independent examiner's report to the trustees of Emuno Educational Centre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

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.

E Meyer FCA BSc

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

3 December 2025

2025

2024

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

61,304

10,917

72,221

6,231

EXPENDITURE ON

Raising funds

-

-

-

5,251

Charitable activities

2

Synagogue expenses

1,270

-

1,270

-

Grantmaking

53,000

-

53,000

1,300

Support

1,812

-

1,812

1,836

Total

56,082

-

56,082

8,387

NET INCOME/(EXPENDITURE)

5,222

10,917

16,139

(2,156

)

RECONCILIATION OF FUNDS

Total funds brought forward

2,001,498

-

2,001,498

2,003,654

TOTAL FUNDS CARRIED FORWARD

2,006,720

10,917

2,017,637

2,001,498

2025

2024

Notes

£

£

FIXED ASSETS

Tangible assets

8

2,011,430

2,000,000

CURRENT ASSETS

Cash at bank

7,407

2,458

CREDITORS

Amounts falling due within one year

9

(1,200

)

(960

)

NET CURRENT ASSETS

6,207

1,498

TOTAL ASSETS LESS CURRENT LIABILITIES

2,017,637

2,001,498

NET ASSETS

2,017,637

2,001,498

FUNDS

11

Unrestricted funds:

General fund

2,005,350

2,000,128

Subscribers funds

1,370

1,370

2,006,720

2,001,498

Restricted funds:

Restricted fund

10,917

-

TOTAL FUNDS

2,017,637

2,001,498

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 3 December 2025 and were signed on its behalf by:

A Kahn - Trustee

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.

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.

Costs of raising funds are those incurred in seeking voluntary contributions and include activities with a fundraising purpose.

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.

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

-

10% on cost

No depreciation is provided on freehold land and building used as a functional asset.

Taxation

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

Going concern

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

2.	CHARITABLE ACTIVITIES COSTS

Grant

funding of

activities

Support

(see note

costs (see

3)

note 4)

Totals

£

£

£

Synagogue expenses

-

1,270

1,270

Grantmaking

53,000

-

53,000

Support

-

1,812

1,812

53,000

3,082

56,082

3.	GRANTS PAYABLE

2025

2024

£

£

Grantmaking

53,000

1,300

The total grants paid to institutions during the year was as follows:

2025

2024

£

£

Advancement of religion

53,000

-

Religious education

-

1,300

53,000

1,300

All grants were made to Gerer Shteibel Synagogue.

4.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

£

£

£

Synagogue expenses

1,270

-

-

1,270

Support

-

80

1,732

1,812

1,270

80

1,732

3,082

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

Management

2025

2024

Synagogue

Total

expenses

activities

£

£

Depreciation of tangible and heritage assets

1,270

-

Governance costs

2025

2024

Total

Support

activities

£

£

Independent examiner's fee

600

-

Independent examiner's other fees

600

-

Accountancy fees

-

960

Legal and professional fees

-

260

General expenses

532

511

1,732

1,731

5.	NET INCOME/(EXPENDITURE)

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

2025

2024

£

£

Depreciation - owned assets

1,270

-

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7.	AVERAGE NUMBER OF EMPLOYEES

The average number of staff in the year was Nil (2024 - Nil)

8.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

2,000,000

-

2,000,000

Additions

-

12,700

12,700

At 31 March 2025

2,000,000

12,700

2,012,700

DEPRECIATION

Charge for year

-

1,270

1,270

NET BOOK VALUE

At 31 March 2025

2,000,000

11,430

2,011,430

At 31 March 2024

2,000,000

-

2,000,000

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accruals and deferred income

1,200

960

10.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

2025

2024

Unrestricted

Restricted

Total

Total

funds

fund

funds

funds

£

£

£

£

Fixed assets

2,000,513

10,917

2,011,430

2,000,000

Current assets

7,407

-

7,407

2,458

Current liabilities

(1,200

)

-

(1,200

)

(960

)

2,006,720

10,917

2,017,637

2,001,498

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

2,000,128

5,222

2,005,350

Subscribers funds

1,370

-

1,370

2,001,498

5,222

2,006,720

Restricted funds

Restricted fund

-

10,917

10,917

TOTAL FUNDS

2,001,498

16,139

2,017,637

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

61,304

(56,082

)

5,222

Restricted funds

Restricted fund

10,917

-

10,917

TOTAL FUNDS

72,221

(56,082

)

16,139

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

2,002,284

(2,156

)

2,000,128

Subscribers funds

1,370

-

1,370

2,003,654

(2,156

)

2,001,498

TOTAL FUNDS

2,003,654

(2,156

)

2,001,498

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

6,231

(8,387

)

(2,156

)

TOTAL FUNDS

6,231

(8,387

)

(2,156

)

12.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.