IRIS Accounts Production v26.1.0.640 Other Company accounts True false Pounds 1.7.24 30.6.25 30.6.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false false 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08098333 2024-06-30 08098333 2025-06-30 08098333 2024-07-01 2025-06-30 08098333 2023-06-30 08098333 2023-07-01 2024-06-30 08098333 2024-06-30 08098333 ns0:CharitableCompanyLimitedByGuarantee 2024-07-01 2025-06-30 08098333 ns15:PoundSterling 2024-07-01 2025-06-30 08098333 ns11:FRS102 2024-07-01 2025-06-30 08098333 ns0:IndependentExaminationCharity 2024-07-01 2025-06-30 08098333 ns11:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 08098333 ns11:FullAccounts 2024-07-01 2025-06-30 08098333 ns0:CharitiesSORP 2024-07-01 2025-06-30 08098333 ns16:EnglandWales 2024-07-01 2025-06-30 08098333 ns11:RegisteredOffice 2024-07-01 2025-06-30 08098333 ns0:Trustee1 2024-07-01 2025-06-30 08098333 ns0:Trustee2 2024-07-01 2025-06-30 08098333 ns0:Trustee3 2024-07-01 2025-06-30 08098333 ns0:TotalUnrestrictedFunds 2024-07-01 2025-06-30 08098333 ns0:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 08098333 ns0:Activity8 2024-07-01 2025-06-30 08098333 ns0:Activity8 ns0:TotalUnrestrictedFunds 2024-07-01 2025-06-30 08098333 ns0:Activity8 ns0:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 08098333 ns0:Activity8 2023-07-01 2024-06-30 08098333 ns0:Activity9 2024-07-01 2025-06-30 08098333 ns0:Activity9 ns0:TotalUnrestrictedFunds 2024-07-01 2025-06-30 08098333 ns0:Activity9 ns0:TotalRestrictedIncomeFunds 2024-07-01 2025-06-30 08098333 ns0:Activity9 2023-07-01 2024-06-30 08098333 ns0:TotalUnrestrictedFunds 2024-06-30 08098333 ns0:TotalRestrictedIncomeFunds 2024-06-30 08098333 ns0:TotalUnrestrictedFunds 2025-06-30 08098333 ns0:TotalRestrictedIncomeFunds 2025-06-30 08098333 ns10:WithinOneYear 2025-06-30 08098333 ns10:WithinOneYear 2024-06-30 08098333 ns10:MotorVehicles 2024-07-01 2025-06-30 08098333 2 2024-07-01 2025-06-30 08098333 ns10:OwnedAssets 2024-07-01 2025-06-30 08098333 ns10:OwnedAssets 2023-07-01 2024-06-30 08098333 ns10:MotorVehicles 2024-06-30 08098333 ns10:MotorVehicles 2025-06-30 08098333 ns10:MotorVehicles 2024-06-30

REGISTERED COMPANY NUMBER: 08098333 (England and Wales)

REGISTERED CHARITY NUMBER: 1148316

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

IGO FOUNDATION LTD

| IGO FOUNDATION LTD |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 3

| Independent Examiner's Report | 4 |

| Statement of Financial Activities | 5 |

| Balance Sheet | 6 |

| Notes to the Financial Statements | 7 |  | to |  | 11

| IGO FOUNDATION LTD (REGISTERED NUMBER: 08098333) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 30 JUNE 2025

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 30 June 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are:

- The relief of poverty in any part of the world;

- The advancement of the Jewish religion in any part of the world;

- The advancement of the education of the public in any part of the world in the knowledge of the Jewish history and culture;

- Such other charitable purposes in any part of the world as the trustees shall from time to time decide.

Public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the grantmaking policy.

Grantmaking

Grants are made to charitable institutions and organisations after it has been satisfied that payments will accord with the objectives of the charity.

Volunteers

There were no volunteers during the year.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The results for the year and the financial position at the year end were considered satisfactory by the trustees.

During the year the charity continued its philanthropic activities in support of religious, educational and other charitable institutions and the donations made were £264,601 (2024: £255,170). The charity also donated food parcels directly to needy families with a total cost of £6,863 (2024: £6,517).

Fundraising activities

Donations together with income arising on investments were considered reasonable and the trustees feel that the present level of income is sufficient to permit the charity to continue for the foreseeable future.

A summary of the charity's transactions and of its financial position is shown in the financial statements together with the accompanying notes.

Investment performance

Under the memorandum and articles of association the charity has the power to invest in any way the trustees wish.

The trustees are satisfied with the return on investments achieved during the year and feel confident that the charity has adequate reserves to fulfil its charitable obligations.

Internal and external factors

There are no specific factors to report.

FINANCIAL REVIEW

Principal funding sources

The principal funding sources are donations from corporate sponsors and investment income.

| IGO FOUNDATION LTD (REGISTERED NUMBER: 08098333) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 30 JUNE 2025

FINANCIAL REVIEW

Reserves policy

The charity aims to maintain reserves in order that it is in a position to continue its grant making activities at a consistent level and to cover contingencies of additional calls being made upon the charity for support of organisations or institutions in times of need.

The present level of funding is adequate to support the continuation of the provision of assistance by the giving of grants or equipment in the short term, and the trustees consider the financial position of the charity to be satisfactory.

Going concern

The trustees have assessed the charity’s financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

FUTURE PLANS

The Trustees plan to continue to support charities and charitable purposes in accordance with their grant making policy and to ensure that the ability to generate sufficient income is maintained to achieve that end.

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

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a company limited by guarantee and as such, its governing documents are its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Membership of the Charity is open to any individual or organisation interested in promoting the objects who:

1. applies to the charity in the form required by the Trustees;

2. consents to act as a Trustee;

3. is approved unanimously by the Trustees;

4. signs the Register of members or consents in writing to become a member either personally or (in the case of a member organisation) through an authorised representative.

Organisational structure

The company has 3 trustees; names of members are listed below. The charity is organised so that the trustees meet regularly to manage the affairs of the charity.

Induction and training of new trustees

New Trustees must familiarise themselves with the content of the Memorandum and Articles of Association, their legal obligations under charity and company law, the organisational structure of IGO Foundation Ltd and the recent financial performance of the charity.

Training of trustees will depend on their previous knowledge and experience.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

08098333 (England and Wales)

Registered Charity number

1148316

Registered office

29 Grosvenor Gardens

London

NW11 0HE

Trustees

Mr B Ost

Mrs G Ost

Mr A Lipschitz

| IGO FOUNDATION LTD (REGISTERED NUMBER: 08098333) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 30 JUNE 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Daniel Fine, FCA

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

Bankers

Lloyds TSB

1 Butler Place

London

SW1H 0PR

Approved by order of the board of trustees on 23 April 2026 and signed on its behalf by:

Mr B Ost - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

IGO FOUNDATION LTD (REGISTERED NUMBER: 08098333)

Independent examiner's report to the trustees of Igo Foundation Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 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.

Daniel Fine, FCA

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

23 April 2026

| IGO FOUNDATION LTD |

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 JUNE 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 48,070 |  | - |  | 48,070 |  | 290,981 |

Investment income | 2 | 173,663 |  | - |  | 173,663 |  | 114,600 |

Total | 221,733 |  | - |  | 221,733 |  | 405,581 |

EXPENDITURE ON

Raising funds | 3 | 243 |  | - |  | 243 |  | 5,882 |

Charitable activities

Charitable donations | 264,601 |  | - |  | 264,601 |  | 261,687 |

Charitbale activities | 9,304 |  | - |  | 9,304 |  | 5,072 |

Total | 274,148 |  | - |  | 274,148 |  | 272,641 |

NET INCOME/(EXPENDITURE) | (52,415 | ) | - |  | (52,415 | ) | 132,940 |

Other recognised gains/(losses)

Gains on revaluation of fixed assets | - |  | - |  | - |  | 116,994 |

Net movement in funds | (52,415 | ) | - |  | (52,415 | ) | 249,934 |

RECONCILIATION OF FUNDS

Total funds brought forward | 259,893 |  | 1,250,000 |  | 1,509,893 |  | 1,259,959 |

TOTAL FUNDS CARRIED FORWARD | 207,478 |  | 1,250,000 |  | 1,457,478 |  | 1,509,893 |

| IGO FOUNDATION LTD (REGISTERED NUMBER: 08098333) |

BALANCE SHEET

30 JUNE 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS |

Tangible assets | 7 | 412 |  | 515 |

Investment property | 8 | 1,851,618 |  | 1,750,000 |

1,852,030 |  | 1,750,515 |

CURRENT ASSETS |

Debtors | 9 | 7,080 |  | 850 |

Cash at bank | 778 |  | 6,618 |

7,858 |  | 7,468 |

CREDITORS |

Amounts falling due within one year | 10 | (402,410 | ) | (248,090 | )

NET CURRENT ASSETS | (394,552 | ) | (240,622 | )

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,457,478 |  | 1,509,893 |

NET ASSETS | 1,457,478 |  | 1,509,893 |

FUNDS | 12

Unrestricted funds | 207,478 |  | 259,893 |

Restricted funds | 1,250,000 |  | 1,250,000 |

TOTAL FUNDS | 1,457,478 |  | 1,509,893 |

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 23 April 2026 and were signed on its behalf by:

Mr B Ost - Trustee

| IGO FOUNDATION LTD |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

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, as modified by the revaluation of certain assets.

| 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.

| Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

| Tangible fixed assets

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

| Motor vehicles | - | 20% on reducing balance

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to the statement of financial activities..

| 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.

| IGO FOUNDATION LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

2. | INVESTMENT INCOME

| 2025 |  | 2024

£ | £ |

| Rents received | 173,658 |  | 113,079 |  |

| Deposit account interest | 5 |  | 1,521 |  |

173,663 |  | 114,600 |  |

3. | RAISING FUNDS

| Investment management costs

| 2025 |  | 2024

£ | £ |

| Property repairs | 221 |  | 930 |  |

| Rates and water | 22 |  | 4,952 |  |

243 |  | 5,882 |  |

4. | GRANTS PAYABLE

| 2025 |  | 2024

£ | £ |

| Charitable donations | 264,601 |  | 255,170 |  |

| A summary of grants made to institutions during the year is as follows:

| Name of institution |  | Amount (£ | ) |

| Yeshuos Shabbos |  |  | 20,000 |  |

| Yesmach Levav |  | 18,536 |  |

| Lehachzikom UK |  |  | 11,000 |  |

| Keren Olam Hatorah |  | 10,000 |  |

| Rise and Shine |  | 10,000 |  |

| CMZ Ltd |  |  | 10,000 |  |

| Chasdei Chaim Moishe |  |  | 10,000 |  |

| The AA Trust |  |  | 10,000 |  |

| LIVE AND LEARN |  |  | 10,000 |  |

| Mifal Tzedoko V'Chesed Limited |  | 10,000 |  |

| Mifal Hachesed Vehatzdokoh |  |  | 10,000 |  |

| Sows Charity |  |  | 10,000 |  |

| Other |  |  | 115,065 |  |

| Total |  |  | 264,601 |  |

5. | NET INCOME/(EXPENDITURE)

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

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 103 |  | 129 |  |

| IGO FOUNDATION LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

6. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

| Trustees' expenses

| There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

7. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| At 1 July 2024 and 30 June 2025 | 7,500 |  |

| DEPRECIATION

| At 1 July 2024 | 6,985 |  |

| Charge for year | 103 |  |

| At 30 June 2025 | 7,088 |  |

| NET BOOK VALUE

| At 30 June 2025 | 412 |  |

| At 30 June 2024 | 515 |  |

8. | INVESTMENT PROPERTY

£ |

| FAIR VALUE

| At 1 July 2024 | 1,750,000 |  |

| Additions | 101,618 |  |

| At 30 June 2025 | 1,851,618 |  |

| NET BOOK VALUE

| At 30 June 2025 | 1,851,618 |  |

| At 30 June 2024 | 1,750,000 |  |

| Fair value at 30 June 2025 is represented by:

£ |

| Valuation in 2025 | 965,670 |  |

| Cost | 885,948 |  |

1,851,618 |  |

| IGO FOUNDATION LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other debtors | 7,080 |  | 850 |  |

10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other creditors | 401,150 |  | 246,950 |  |

| Accrued expenses | 1,260 |  | 1,140 |  |

402,410 |  | 248,090 |  |

11. | ANALYSIS OF NET ASSETS BETWEEN FUNDS

2025 | 2024 |

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

£ | £ | £ | £ |

| Fixed assets | 412 |  | - |  | 412 |  | 515 |  |

| Investments | 601,618 |  | 1,250,000 |  | 1,851,618 |  | 1,750,000 |  |

| Current assets | 7,858 |  | - |  | 7,858 |  | 7,468 |  |

| Current liabilities | (402,410 | ) | - |  | (402,410 | ) | (248,090 | ) |

207,478 |  | 1,250,000 |  | 1,457,478 |  | 1,509,893 |  |

12. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.7.24 |  | in funds |  | 30.6.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 259,893 |  | (52,415 | ) | 207,478 |  |

| Restricted funds

| Restricted Fund | 1,250,000 |  | - |  | 1,250,000 |  |

| TOTAL FUNDS | 1,509,893 |  | (52,415 | ) | 1,457,478 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 221,733 |  | (274,148 | ) | (52,415 | ) |

| TOTAL FUNDS | 221,733 |  | (274,148 | ) | (52,415 | ) |

| IGO FOUNDATION LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 JUNE 2025

12. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.7.23 |  | in funds |  | 30.6.24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 9,959 |  | 249,934 |  | 259,893 |  |

| Restricted funds

| Restricted Fund | 1,250,000 |  | - |  | 1,250,000 |  |

| TOTAL FUNDS | 1,259,959 |  | 249,934 |  | 1,509,893 |  |

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

| Incoming |  | Resources |  | Gains and |  | Movement |

| resources |  | expended |  | losses |  | in funds |

£ | £ | £ | £ |

| Unrestricted funds

| General fund | 405,581 |  | (272,641 | ) | 116,994 |  | 249,934 |  |

| TOTAL FUNDS | 405,581 |  | (272,641 | ) | 116,994 |  | 249,934 |  |

13. | RELATED PARTY DISCLOSURES

| During the year £40,000 (2024: £55,000) was donated by companies under common control.

| Included within other creditors is a balance of £395,000 (2024: £240,800) due to companies under the control of one or more of the trustees.

14. | RESTRICTED FUND

| Restricted funds were received for the purpose of purchasing the investment property.