Ateres Seminary London Limited

	Page
Trustees' Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities (including Income and Expenditure Account)	4
Balance Sheet	5
Notes to the Financial Statements	6—10

The trustees present their report and the financial statements for the year ended 31 July 2025.

Objectives and Activities

Aims and Objectives

The objectives of the charity are the to act as a resource for children and young people up to the age of 25 in the United Kingdom by providing advice and assistance and organising programmes of physical, educational and other activities as a means of;

advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.

advancing education.

relieving unemployment.
providing recreational and leisure time activity in the interests of social welfare for people living in the area of benefit who have need by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improving the conditions of life of such persons.

Public Benefit

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

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Reference and Administrative Details

Trustees

Mrs Leah Orzel

Mr Mordechai Weinberg

Mrs Jessica Zwiebel

Charity Number

1205888

Company Number

13516804

Principal Address

16 Grangecourt Road

London

N16 5EG

Independent Examiner

Brindley Goldstein Limited

103 High Street
Waltham Cross
EN8 7AN

Page 1

Page 2

Ateres Seminary London Limited

Trustees' Report (continued)

For The Year Ended 31 July 2025

Small Company Rules

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

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mrs Leah Orzel

Trustee

21st May 2026

Page 2

Page 3

Ateres Seminary London Limited

Independent Examiner's Report to the Trustees of Ateres Seminary London Limited

For The Year Ended 31 July 2025

Independent Examiner's Report to the Trustees of Ateres Seminary London Limited

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

Responsibilities and Basis of Report

As the charity 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

Since the Company’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, 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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Brindley Goldstein Limited

21st May 2026

103 High Street
Waltham Cross
EN8 7AN

Page 3

Page 4

Ateres Seminary London Limited

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 July 2025

Statement of Financial Activities (including Income and Expenditure Account)

		2025	2024
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	71,290	33,806
Charitable activities:
Charitable activities		232,625	74,150

		303,915	107,956

EXPENDITURE ON:
Charitable activities:	4
Charitable activities		(302,514 )	(98,617 )

NET INCOME		1,401	9,339


NET MOVEMENT IN FUNDS		1,401	9,339
RECONCILIATION OF FUNDS:
Total funds brought forward		9,339	-

TOTAL FUNDS CARRIED FORWARD	11	10,740	9,339

The notes on pages 6 to 9 form part of these financial statements.

Page 4

Page 5

Ateres Seminary London Limited

Balance Sheet

As At 31 July 2025

Balance Sheet

		2025	2024
		Unrestricted funds	Total funds
	Notes	£	£
CURRENT ASSETS
Debtors	9	28,628	21,000
Cash at bank and in hand		13,030	631

		41,658	21,631
Creditors: Amounts Falling Due Within One Year	10	(30,918 )	(12,292 )

NET CURRENT ASSETS (LIABILITIES)		10,740	9,339

TOTAL ASSETS LESS CURRENT LIABILITIES		10,740	9,339

NET ASSETS		10,740	9,339

FUNDS OF THE CHARITY
Unrestricted Funds		10,740	9,339

TOTAL FUNDS	11	10,740	9,339

For the year ending 31 July 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

On behalf of the board

Mrs Leah Orzel

Trustee

21st May 2026

The notes on pages 6 to 9 form part of these financial statements.

Page 5

Page 6

Ateres Seminary London Limited

Notes to the Financial Statements

For The Year Ended 31 July 2025

Notes to the Financial Statements

1. General Information

Ateres Seminary London Limited is a company limited by guarantee, incorporated in England & Wales, registered number 13516804 and registered charity number 1205888 . The registered office is .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. 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.

2.3. 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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

10% Straight Line Basis

Page 6

Page 7

Ateres Seminary London Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	71,290	33,806

4. Analysis of Expenditure

			2025
	Activities undertaken directly	Support costs (see note 5 )	Total
	£	£	£
Charitable activities	214,243	88,271	302,514

			2024
	Activities undertaken directly	Support costs (see note 5 )	Total
	£	£	£
Charitable activities	64,660	33,957	98,617

5. Support Costs

	2025
	Charitable activities
	£
Employee costs	7,237
Premises expenses	16,553
General administration	63,041
Governance costs	1,440

	88,271

	2024
	Charitable activities
	£
Employee costs	1,337
Premises expenses	10,233
General administration	20,947
Governance costs	1,440

	33,957

Page 7

Page 8

Ateres Seminary London Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

6. Independent Examiner's Remuneration

	2025	2024
	£	£
Independent examination of the financial statements	1,440	1,440

7. Staff Costs

Staff costs were as follows:

	2025	2024
	£	£
Wages and salaries	78,226	18,276

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

8. Average Number of Employees

Average number of employees during the year was: 10 (2024: 4)

9. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	28,628	21,000

10. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,764	-
Other creditors	26,877	10,767
Taxation and social security	837	85
Accruals and deferred income	1,440	1,440

	30,918	12,292

11. Movement in Funds

	As at 1 August 2024	Income	Expenditure	As at 31 July 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	9,339	303,915	(302,514 )	10,740


Total funds	9,339	303,915	(302,514 )	10,740

Page 8

Page 9

Ateres Seminary London Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

	As at 1 August 2023	Income	Expenditure	As at 31 July 2024
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	-	107,956	(98,617 )	9,339


Total funds	-	107,956	(98,617 )	9,339

12. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

13. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

14. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

Page 9

Page 10

Ateres Seminary London Limited

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 July 2025

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2025	2024
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Donations and gifts	71,290	33,806

	71,290	33,806

Charitable Activities:
Charitable activities
Income from charitable activities	232,625	74,150

	232,625	74,150

	303,915	107,956
EXPENDITURE ON:
Charitable Activities:
Charitable activities
Courses.	(36,422)	(5,861)
Events.	(20,347)	(8,217)
Lectures.	(40,725)	(16,219)
Trips.	(38,523)	(16,087)
Wages and salaries	(78,226)	(18,276)
Other courses	(648)	(29)
Food and entertainment	(6,589)	(1,308)
Light and heat	(13,437)	(4,968)
Cleaning	(3,116)	(5,265)
Computer and IT repairs and maintenance	(851)	(203)
Repairs, renewals and maintenance	(8,109)	(2,001)
Insurance	(98)	-
Printing, postage and stationery	(893)	(2,455)
Transportation costs	(10,523)	(1,535)
Telecommunications	(3,188)	(1,661)
Legal and professional fees	-	(1,976)
Subscriptions	(25)	(453)
Bank charges	(1,146)	(727)
Other office costs	(5,827)	7,654
Sundry expenses	-	(8,282)
Safety certificates	(1,824)	(1,608)
Administration charges	(30,557)	(7,700)
Independent examiner's fees	(1,440)	(1,440)

	(302,514)	(98,617)

	(302,514)	(98,617)

NET INCOME	1,401	9,339

Page 10