RHTR Charity Accounts

COMPANY REGISTRATION NUMBER: 08366556

CHARITY REGISTRATION NUMBER: 1211111

RHTR

Company Limited by Guarantee

Unaudited Financial Statements

5 April 2025

RHTR

Company Limited by Guarantee

Financial Statements

Year ended 5 April 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	4

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Statement of cash flows	8

Notes to the financial statements	9

RHTR

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 5 April 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 5 April 2025 .

Reference and administrative details

Registered charity name	RHTR

Charity registration number	1211111

Company registration number	08366556

Principal office and registered	2nd Floor Parkgates
office	Bury New Road
	Prestwich
	Manchester
	M25 0TL

The trustees

	Mr M Schechter
	Mrs M Schechter

Independent examiner	Mr Howard Schwalbe ACA
	2nd Floor - Parkgates
	Bury New Road
	Prestwich
	Manchester
	M25 0TL

Structure, governance and management

RHTR is constituted by memorandum and articles of association and is a company limited by guarantee. It was incorporated on 18 January 2013 as a company and the company number is 08366556. It was registered as a charity on 26 November 2024 with a charity number being 1211111.

There is no chief executive officer and the day-to-day affairs of the charity are undertaken by Mr M Schechter on behalf of the trustees.

All major decisions are taken collectively by the trustees and all of the trustees give of their time freely.

Recruitment and appointment of new trustees would be in line with the trust deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.

Risk Review

The trustees have assessed the risks to which the charity is exposed, in particular those related to the operations and finances of the trust, and are satisfied that systems are in place to manage this.

Objectives and activities

The objects of the charity are: 1) For the public benefit to promote the education of people of all ages around the world in such ways as the charity trustees think fit, including awarding to such persons scholarships. Maintenance allowances or grants: or by grants to charities or other organizations worldwide that provide education. 2) The prevention or relief of poverty or financial hardship anywhere in the world by providing; grants or loans to individuals in need and/or charities, or other organizations working to prevent or relieve poverty or financial hardship. 3) To advance the orthodox jewish religion worldwide for the benefit of the public in accordance with the principles of the code of jewish law (Shulchan Aruch). 4. The relief of those in need, by reason of age, poor health or disability, in particular but not exclusively through the provision of care, company and support for the ill and/or elderly.

Public Benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Grant Making Policy

There were no grants given out in the year.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

During the year the charity received £733,959 (2024: £670,773) in donations and £47,195 (2024: 16,253) in caring services.

The charity spent £686,548 (2024: £694,849) promoting Jewish religious education, £47,850 on carer services and £899 (2024: £420) on support costs, all in accordance with its objects.

There were no material fundraising costs incurred during the year.

The charity has low governance costs comprising professional fees.

There were no investments made during the year.

There was an overall net income and net movement in funds for the year amounting to £43,289 (2024: net expenditure of £8,243).

Financial review

The trustees would like to record their appreciation for all the financial support received from benefactors during the year.

Reserves policy

The unrestricted fund represents the unrestricted funds arising from past operating results.

The trustees are satisfied that the balance of the fund is an acceptable level of reserves given the nature of revenue receipts against charitable activity.

The free reserves comprising of the net current assets amounted to £17,163 (2024: net liabilities of £26,126) all of which are unrestricted.

The trustees' annual report and the strategic report were approved on 4 December 2025 and signed on behalf of the board of trustees by:

Mr M Schechter

Trustee

RHTR

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of RHTR

Year ended 5 April 2025

I report to the trustees on my examination of the financial statements of RHTR ('the charity') for the year ended 5 April 2025.

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 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 the 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 the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I 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 the examination giving me cause to believe:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. 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

4. 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 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.

Mr Howard Schwalbe ACA Independent Examiner

2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

4 December 2025

RHTR

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 5 April 2025

	2025		2024
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	733,959	733,959	670,773
Other income	6	47,195	47,195	16,253
		---------	---------	---------
Total income		781,154	781,154	687,026
		---------	---------	---------

Expenditure

Expenditure on charitable activities	7,8	737,865	737,865	695,269
		---------	---------	---------
Total expenditure		737,865	737,865	695,269
		---------	---------	---------

	---------	---------	---------
Net income/(expenditure) and net movement in funds	43,289	43,289	( 8,243)
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	( 26,126)	( 26,126)	( 17,883)
	---------	---------	---------
Total funds carried forward	17,163	17,163	( 26,126)
	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

RHTR

Company Limited by Guarantee

Statement of Financial Position

5 April 2025

	2025	2024
Note	£	£

Current assets

Debtors	13	11,062	8,331
Cash at bank and in hand		9,501	2,809
		--------	--------
		20,563	11,140

Creditors: amounts falling due within one year	14	3,400	37,266
		--------	--------
Net current assets		17,163	( 26,126)
		--------	--------
Total assets less current liabilities		17,163	( 26,126)
		--------	--------
Net assets		17,163	( 26,126)
		--------	--------

Funds of the charity

Unrestricted funds		17,163	( 26,126)
		--------	--------
Total charity funds	16	17,163	( 26,126)
		--------	--------

For the year ending 5 April 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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

These financial statements were approved by the board of trustees and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

Mr M Schechter

Trustee

RHTR

Company Limited by Guarantee

Statement of Cash Flows

Year ended 5 April 2025

	2025	2024
	£	£

Cash flows from operating activities

Net income/(expenditure)	43,289	(8,243)

Adjustments for:
Accrued expenses	480	420

Changes in:
Trade and other debtors	( 2,731)	( 8,331)
Trade and other creditors	( 34,346)	36,846
	--------	--------
Cash generated from operations	6,692	20,692
	-------	--------
Net cash from operating activities	6,692	20,692
	-------	--------

Net increase in cash and cash equivalents	6,692	20,692
Cash and cash equivalents at beginning of year	2,809	–
	-------	--------
Cash and cash equivalents at end of year	9,501	20,692
	-------	--------

RHTR

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 5 April 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 2nd Floor Parkgates, Bury New Road, Prestwich, Manchester, M25 0TL.

2. 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 Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. 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 through income or expenditure.

The financial statements 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.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates and assumptions that affect the amounts reported.

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 restrictions 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.

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 benefits associated with the transaction will flow to the charity and the amount can be reliably 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 services are recognised in the accounts when received if the value can be reliably measured. No amounts are 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 classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose 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 activities includes all costs incurred 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 expenditure 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 consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. 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 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 cost less impairment. Other financial 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 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 are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment 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 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

RHTR is a registered charity and a company limited by guarantee and does not have a share capital. In the event of the charity being wound up, members are required to contribute an amount not exceeding £10.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Donations	733,959	733,959	670,773	670,773
	---------	---------	---------	---------

6. Other income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Caring Services	47,195	47,195	16,253	16,253
	--------	--------	--------	--------

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Jewish religious educational researchers	686,548	686,548	694,620	694,620
Carer services	47,850	47,850	–	–
Support costs	3,467	3,467	649	649
	---------	---------	---------	---------
	737,865	737,865	695,269	695,269
	---------	---------	---------	---------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Jewish religious educational researchers	686,548	2,568	689,116	694,849
Carer services	47,850	–	47,850	–
Governance costs	–	899	899	420
	---------	-------	---------	---------
	734,398	3,467	737,865	695,269
	---------	-------	---------	---------

9. Analysis of support costs

	Analysis of support costs activity 1	Total 2025	Total 2024
	£	£	£
General office	2,568	2,568	229
Governance costs	899	899	420
	-------	-------	----
	3,467	3,467	649
	-------	-------	----

10. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	899	–
	----	----

11. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2025	2024
	£	£
Wages and salaries	730,949	688,650
Social security costs	–	566
Employer contributions to pension plans	904	2,609
	---------	---------
	731,853	691,825
	---------	---------

The average head count of employees during the year was 83 (2024: 90 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2025	2024
	No.	No.
Number of researchers	83	90
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

12. Trustee remuneration and expenses

One of the trustees has been paid remuneration or has received other benefits from employment with the charity. The trustee has only received remuneration in respect of services she provided and not as acting as trustee.

13. Debtors

	2025	2024
	£	£
Other debtors	11,062	8,331
	--------	-------

14. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	900	420
Other creditors	2,500	36,846
	-------	--------
	3,400	37,266
	-------	--------

15. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 904 (2024: £ 2,609 ).

16. Analysis of charitable funds

Unrestricted funds

	At 6 April 2024	Income	Expenditure	At 5 April 2025
	£	£	£	£
General funds	(26,126)	781,154	(737,865)	17,163
	--------	---------	---------	--------

	At 6 April 2023	Income	Expenditure	At 5 April 2024
	£	£	£	£
General funds	(17,883)	687,026	(695,269)	(26,126)
	--------	---------	---------	--------

17. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Current assets	20,563	20,563
Creditors less than 1 year	(3,400)	(3,400)
	--------	--------
Net assets	17,163	17,163
	--------	--------

	Unrestricted Funds	Total Funds 2024
	£	£
Current assets	11,140	11,140
Creditors less than 1 year	(37,266)	(37,266)
	--------	--------
Net assets	(26,126)	(26,126)
	--------	--------

18. Analysis of changes in net debt

	At 6 Apr 2024	Cash flows	At 5 Apr 2025
	£	£	£
Cash at bank and in hand	2,809	6,692	9,501
	-------	-------	-------

19. Related parties

Mrs M Schechter is a trustee of RHTR . During the year Mrs M Schechter received remuneration of £8,715 for care services she provided and not for acting as a trustee.

RHTR

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 5 April 2025

20. Taxation

RHTR is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.