Ohel Sholom Charity Accounts

COMPANY REGISTRATION NUMBER: 12678746

CHARITY REGISTRATION NUMBER: 1195444

Ohel Sholom

Company Limited by Guarantee

Unaudited Financial Statements

30 June 2025

Ohel Sholom

Company Limited by Guarantee

Financial Statements

Year ended 30 June 2025

	Page

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

Independent examiner's report to the trustees	3

Statement of financial activities (including income and expenditure account)	4

Statement of financial position	5

Notes to the financial statements	6

Ohel Sholom

Company Limited by Guarantee

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

Year ended 30 June 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 30 June 2025 .

Reference and administrative details

Registered charity name	Ohel Sholom

Charity registration number	1195444

Company registration number	12678746

Principal office and registered	Rico House
office	George Street
	Prestwich
	M25 9WS

The trustees

	Mr P Goldschmidt	(Appointed 21 July 2025)
	Mr S Graff
	Mr Y Z Halpern
	Mr U Pawlowski

Independent examiner	Yisroel Levenson FCCA CTA
	Rico House
	George Street
	Manchester
	M25 9WS

Structure, governance and management

New trustees are recruited from the community as required. A new trustee would receive copies of the previous years' Annual Report and Accounts and will be referred to the Charity Commissions guidance for Trustees.

Objectives and activities

The charity's objects ("Objects") are specifically restricted to the following:(1) 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), in particular, but not exclusively, by running a Synagogue and providing for the religious needs, spiritual education, pastoral needs and welfare of its members and of other members of the Jewish community; (2) To promote any charitable purpose for the benefit of the public as the trustees may decide from time to time.

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 continued to run a Synagogue, open daily for prayers and study, as well as hosting several lectures and community events.

Financial review

Income for the year was £148,827(2024 - £124,482). Expenditure in furtherance of charitable activities aggregated £117,716 (2024 - £107,586), resulting in a net income of £31,111 (2024 - £16,896). Reserves at the year end amount to £93,636 (2024 - £65,524). The trustees seek to retain reserves equal to 6 months expenditure.

The trustees' annual report and the strategic report were approved on 27 April 2026 and signed on behalf of the board of trustees by:

Mr Y Z Halpern

Trustee

Ohel Sholom

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Ohel Sholom

Year ended 30 June 2025

I report to the trustees on my examination of the financial statements of Ohel Sholom ('the charity') for the year ended 30 June 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

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.

Yisroel Levenson FCCA CTA Independent Examiner

Rico House George Street Manchester M25 9WS

27 April 2026

Ohel Sholom

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 30 June 2025

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

Income and endowments

Donations and legacies	5	136,300	136,300	113,992
Charitable activities	6	12,527	12,527	10,490
		---------	---------	---------
Total income		148,827	148,827	124,482
		---------	---------	---------

Expenditure

Expenditure on charitable activities	7,8	118,317	118,317	107,585
		---------	---------	---------
Total expenditure		118,317	118,317	107,585
		---------	---------	---------

	---------	---------	---------
Net income and net movement in funds	30,510	30,510	16,897
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	62,525	62,525	45,628
	---------	---------	---------
Total funds carried forward	93,035	93,035	62,525
	---------	---------	---------

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

All income and expenditure derive from continuing activities.

Ohel Sholom

Company Limited by Guarantee

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Current assets

Debtors	14	56,494	46,559
Cash at bank and in hand		37,021	16,446
		--------	--------
		93,515	63,005

Creditors: amounts falling due within one year	15	480	480
		--------	--------
Net current assets		93,035	62,525
		--------	--------
Total assets less current liabilities		93,035	62,525
		--------	--------
Net assets		93,035	62,525
		--------	--------

Funds of the charity

Unrestricted funds		93,035	62,525
		--------	--------
Total charity funds	16	93,035	62,525
		--------	--------

For the year ending 30 June 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 27 April 2026 , and are signed on behalf of the board by:

Mr Y Z Halpern

Trustee

Ohel Sholom

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 June 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 Rico House, George Street, Prestwich, M25 9WS.

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 requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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.

4. Limited by guarantee

In case of winding up, the members guarantee to contribute to the assets of the company as may be required, up to £1.

5. Donations and legacies

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

Donations

Donations type 1	136,300	136,300	113,992	113,992
	---------	---------	---------	---------

6. Charitable activities

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Income from non-investment property in furtherance of the charity's objects	12,527	12,527	10,490	10,490
	--------	--------	--------	--------

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Synagogue	90,612	90,612	76,222	76,222
Support costs	27,705	27,705	31,363	31,363
	---------	---------	---------	---------
	118,317	118,317	107,585	107,585
	---------	---------	---------	---------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Grant funding of activities	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£	£
Synagogue	85,912	4,700	27,705	118,317	107,585
	--------	-------	--------	---------	---------

9. Analysis of support costs

	Synagogue	Total 2025	Total 2024
	£	£	£
Governance costs	480	480	480
	----	----	----

10. Analysis of grants

	2025	2024
	£	£

Grants to individuals

Grants to individuals type 1	4,700	5,100
	-------	-------
Total grants	4,700	5,100
	-------	-------

11. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	480	480
	----	----

12. Staff costs

The average head count of employees during the year was Nil (2024: Nil).

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

13. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

14. Debtors

	2025	2024
	£	£
Other debtors	56,494	46,559
	--------	--------

15. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	480	480
	----	----

16. Analysis of charitable funds

Unrestricted funds

	At 1 July 2024	Income	Expenditure	At 30 June 2025
	£	£	£	£
General funds	62,525	148,827	(118,317)	93,035
	--------	---------	---------	--------

	At 1 July 2023	Income	Expenditure	At 30 June 2024
	£	£	£	£
General funds	45,628	124,482	(107,585)	62,525
	--------	---------	---------	--------

17. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Current assets	93,515	93,515
Creditors less than 1 year	(480)	(480)
	--------	--------
Net assets	93,035	93,035
	--------	--------

	Unrestricted Funds	Total Funds 2024
	£	£
Current assets	63,005	63,005
Creditors less than 1 year	(480)	(480)
	--------	--------
Net assets	62,525	62,525
	--------	--------