Anpride Limited Charity Accounts

COMPANY REGISTRATION NUMBER: 1720084

CHARITY REGISTRATION NUMBER: 288978

Anpride Limited

Company Limited by Guarantee

Unaudited Financial Statements

30 September 2025

Anpride Limited

Company Limited by Guarantee

Financial Statements

Year ended 30 September 2025

	Page

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

Independent examiner's report to the trustees	5

Statement of financial activities (including income and expenditure account)	7

Statement of financial position	8

Notes to the financial statements	10

Anpride Limited

Company Limited by Guarantee

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

Year ended 30 September 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 September 2025 .

Reference and administrative details

Registered charity name	Anpride Limited

Charity registration number	288978

Company registration number	1720084

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

The trustees

	Mr Y C Koppenheim	(Appointed 11 February 2025)
	Mr C Benedikt
	Mrs G L Benedikt
	Mr A Geldzahler

Company secretary	Mrs G L Benedikt

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

Structure, governance and management

Anpride Ltd is constituted by Memorandum and Articles of Association and is a company limited by guarantee. It was incorporated on 03 May 1983 as a company and the company number is 0 1720084 . It was registered as a charity on 03 April 1984 with a charity number 288978 .

Recruitment and appointment of new trustees would be in line with the Memorandum and Articles of Association 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.

There is no chief executive officer. The day to day affairs are undertaken by Mr C Benedikt on behalf of the trustees. All major decisions are taken collectively by the trustees and all the trustees give of their time freely. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts. The arrangements for setting the pay of the charity’s employees are the sole domain of the trustees.

There are no policies for the induction or training of new trustees.

Risk review

The Trustees have assessed the major 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 our exposure to the major risks.

The risks faced by the trust are principally operational risks from ineffective grant making. These risks are managed by the trustees researching potential beneficiaries before granting donations.

Report back and review procedures strengthen these safeguards to ensure public benefit is achieved from all grants.

Objectives and activities

The objects of the charity are the relief of poverty amongst the elderly or persons in need, hardship or distress in the Jewish Community; the advancement of the Orthodox Jewish Religion.

Public benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives and in planning future activities and setting grant making policy for the year.

Grant making policy

The charity is funded by donations and investments. The charity gives out grants in line with the above objects.

There were no grants paid out to individuals during the year.

Grants made during the year to institutions are as detailed in the accounts.

The application of the funds by way of grants to either institutions or individuals and is almost always to institutions.

The trustees consider they have met the public benefit test and outline these achievements below.

The trustees measure the success of achieving the stated aims by the number and value of grants paid out for each object. The grants paid out in the year are detailed in the notes to the accounts and the trustees consider they have met their aims successfully this year.

The trustees consider the shorter term aims to be similar to the longer term aims and assess the achievement of the charity in the same way.

Strategic report

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

Achievements and performance

The charity received £234,350 (2024: £397,000) in donations during the year as well as £217,958 (2024: £104,799) in investment income.

During the year, the charity purchased another investment property.

The charity has governance costs that are professional fees incurred by the charity.

All other office costs are borne by a local benefactor and the trustees wish to record their appreciation to the benefactor for the free use of their offices.

The charity paid out £266,606 (2024: £191,806) by way of grants and support costs that are in line with the objects of the charity. Grants over £5,000 made during the year to institutions are as detailed in the accounts.

The charity incurred costs of £22,887 (2024: £11,244) in respect of investment management costs.

There were no fundraising costs during the year.

Related party transactions in the reporting period are as disclosed in the notes to the accounts.

There was a net income and an overall net movement in funds for the year amounting to £162,815 (2024: (£298,749)).

Financial review

Investment performance

The investments of the charity have provided a gross return of over 7% in the year.

The trustees consider this acceptable when compared with returns available on deposits in any of the banking institutions. The investment returns have been consistent for a number of years and are not at the expense of any exposure of loan to value covenants that would put these investments at risk.

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 grants payable.

In considering the financial obligations of the charity, the trustees have resolved to maintain a minimum reserve, being the current assets of the charity.

The trustees have considered the fair value of the investment property taking into account the loan to value of the properties as well as the nature and exposure of the investment properties. The trustees consider the holding value to be the fair value.

The trustees are delighted to have made many valuable contributions to the community as a result of this income and hope to be able to do so for many years to come.

The trustees feel that the activity reflects the profile and standing within the local community. The impact for future years' expenditure is self evident and the trustees would like to record their appreciation for all the financial support received from benefactors during the course of the year.

The free reserves, represented by the net current liabilities of the charity stand at (£684) (2024: £186,177) all of which are unrestricted.

Total funds held by the charity at the year end were £2,217,745 (2024: £2,054,930), all of which are unrestricted.

The trustees' annual report and the strategic report were approved on 1 June 2026 and signed on behalf of the board of trustees by:

Mr C Benedikt

Trustee

Anpride Limited

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Anpride Limited

Year ended 30 September 2025

I report to the trustees on my examination of the financial statements of Anpride Limited ('the charity') for the year ended 30 September 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

1 June 2026

Anpride Limited

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 30 September 2025

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

Income and endowments

Donations and legacies	5	234,350	234,350	397,000
Investment income	6	217,958	217,958	104,799
		---------	---------	---------
Total income		452,308	452,308	501,799
		---------	---------	---------

Expenditure

Expenditure on raising funds:

	Investment management costs	7	22,887	22,887	11,244
Expenditure on charitable activities		8,9	266,606	266,606	191,806
			---------	---------	---------
Total expenditure			289,493	289,493	203,050
			---------	---------	---------

	---------	---------	---------
Net income and net movement in funds	162,815	162,815	298,749
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	2,054,930	2,054,930	1,756,181
	------------	------------	------------
Total funds carried forward	2,217,745	2,217,745	2,054,930
	------------	------------	------------

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

All income and expenditure derive from continuing activities.

Anpride Limited

Company Limited by Guarantee

Statement of Financial Position

30 September 2025

	2025	2024
Note	£	£

Fixed assets

Tangible fixed assets	16	691	813
Investments	17	2,717,738	1,867,940
		------------	------------
		2,718,429	1,868,753

Current assets

Debtors	18	10,000	10,000
Cash at bank and in hand		409,689	592,358
		---------	---------
		419,689	602,358

Creditors: amounts falling due within one year	19	420,373	416,181
		---------	---------
Net current liabilities		( 684)	186,177
		------------	------------
Total assets less current liabilities		2,717,745	2,054,930

Creditors: amounts falling due after more than one year	20	500,000	–
		------------	------------
Net assets		2,217,745	2,054,930
		------------	------------

Funds of the charity

Unrestricted funds:

	Revaluation reserve		449,080	449,080
	Other unrestricted income funds		1,768,665	1,605,850
			------------	------------
Total unrestricted funds			2,217,745	2,054,930
			------------	------------
Total charity funds		21	2,217,745	2,054,930
			------------	------------

For the year ending 30 September 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.

Anpride Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

30 September 2025

These financial statements were approved by the board of trustees and authorised for issue on 1 June 2026 , and are signed on behalf of the board by:

Mr C Benedikt

Trustee

Anpride Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 September 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 or 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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	15% reducing balance

Investments

Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impairment.

Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in income or expenditure. If a reliable measure of fair value is no longer available for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

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

Anpride Ltd 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	234,350	234,350	397,000	397,000
	---------	---------	---------	---------

6. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Income from investment properties	207,866	207,866	97,361	97,361
Bank interest receivable	10,092	10,092	7,438	7,438
	---------	---------	---------	---------
	217,958	217,958	104,799	104,799
	---------	---------	---------	---------

7. Investment management costs

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Rent collection	6,000	6,000	–	–
Property repairs and maintenance charges	10,087	10,087	150	150
Interest on loans	6,800	6,800	11,094	11,094
	--------	--------	--------	--------
	22,887	22,887	11,244	11,244
	--------	--------	--------	--------

8. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Charitable grants	237,992	237,992	178,320	178,320
Support costs	28,614	28,614	13,486	13,486
	---------	---------	---------	---------
	266,606	266,606	191,806	191,806
	---------	---------	---------	---------

9. Expenditure on charitable activities by activity type

	Grant funding of activities	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Charitable grants	237,992	25,865	263,857	189,056
Governance costs	–	2,749	2,749	2,750
	---------	--------	---------	---------
	237,992	28,614	266,606	191,806
	---------	--------	---------	---------

10. Analysis of support costs

	Analysis of support costs activity 1	Total 2025	Total 2024
	£	£	£
Premises	122	122	143
General office	25,743	25,743	10,593
Governance costs	2,749	2,749	2,750
	--------	--------	--------
	28,614	28,614	13,486
	--------	--------	--------

11. Analysis of grants

	2025	2024
	£	£

Grants to institutions

Amud Hatzdoko Trust	8,650	6,300
Beis Yosef Tzvi	5,300	–
Bnos Jerusalem Schools	21,850	–
British Friends Of Mosdod Tchernobyl	5,000	–
Chevras Maoz Ledal	23,350	9,450
College For Higher Rabbinical Studies	5,000	–
Cong Veyoel Moshe	8,400	–
Cong Yetev Lev	–	51,000
Grants under £5000	58,437	26,150
Kupat Yismach Lev	–	5,000
Kupath Gemach Chaim Bechesed	–	5,000
KYL Central Shul Trust	–	10,270
Meirim Ltd	6,800	–
Mekadshei Shevii	–	50,000
Mifal Tzedoko Vochessed	45,000	5,000
Revach Vehatzolo	5,000	–
Satmar Kollel	7,930	–
SOWS Charity	15,000	–
Tchernobyl Foundation	5,000	–
The Z.S.V. Trust	5,750	5,000
Tomchei Avreichim	6,450	5,150
Yesamach Levav	5,075	–
	---------	---------
	237,992	178,320
	---------	---------
Total grants	237,992	178,320
	---------	---------

12. Net income

Net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets	122	143
	----	----

13. Independent examination fees

	2025	2024
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	2,750	2,750
	-------	-------

14. 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).

15. Trustee remuneration and expenses

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

16. Tangible fixed assets

	Fixtures and fittings
	£
Cost
At 1 October 2024 and 30 September 2025	8,159
	-------
Depreciation
At 1 October 2024	7,346
Charge for the year	122
	-------
At 30 September 2025	7,468
	-------
Carrying amount
At 30 September 2025	691
	-------
At 30 September 2024	813
	-------

17. Investments

	Investment properties
	£
Cost or valuation
At 1 October 2024	1,867,940
Additions	849,798
	------------
At 30 September 2025	2,717,738
	------------
Impairment
At 1 October 2024 and 30 September 2025
Carrying amount
At 30 September 2025	2,717,738
	------------
At 30 September 2024	1,867,940
	------------

All investments shown above are held at valuation.

Investment properties

Investment property comprises two properties wholly owned by the charity. The carrying value of the property is stated at fair value in the opinion of the trustees.

18. Debtors

	2025	2024
	£	£
Other debtors	10,000	10,000
	--------	--------

19. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	26,940	23,400
Social security and other taxes	3,668	3,016
Other creditors	389,765	389,765
	---------	---------
	420,373	416,181
	---------	---------

20. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	500,000	–
	---------	----

21. Analysis of charitable funds

Unrestricted funds

	At 1 October 2024	Income	Expenditure	At 30 September 2025
	£	£	£	£
General funds	1,605,850	452,308	(289,493)	1,768,665
Revaluation reserve	449,080	–	–	449,080
	------------	---------	---------	------------
	2,054,930	452,308	(289,493)	2,217,745
	------------	---------	---------	------------

	At 1 October 2023	Income	Expenditure	At 30 September 2024
	£	£	£	£
General funds	1,307,101	501,799	(203,050)	1,605,850
Revaluation reserve	449,080	–	–	449,080
	------------	---------	---------	------------
	1,756,181	501,799	(203,050)	2,054,930
	------------	---------	---------	------------

22. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Tangible fixed assets	691	691
Investments	2,717,738	2,717,738
Current assets	419,689	419,689
Creditors less than 1 year	(420,373)	(420,373)
Creditors greater than 1 year	(500,000)	(500,000)
	------------	------------
Net assets	2,217,745	2,217,745
	------------	------------

	Unrestricted Funds	Total Funds 2024
	£	£
Tangible fixed assets	813	813
Investments	1,867,940	1,867,940
Current assets	602,358	602,358
Creditors less than 1 year	(416,181)	(416,181)
Creditors greater than 1 year	–	–
	------------	------------
Net assets	2,054,930	2,054,930
	------------	------------

23. Related parties

Mr C Benedikt , director and trustee of the charity donated £43,350 of personal funds to the charity. Mrs G Benedikt, director & trustee of the charity donated £117,000 to the charity during the year. Included in other creditors is an interest free loan of £389,765 owing to Mr C Benedikt , that is repayable on demand.

24. Taxation

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