The Bridge Lane Beth Hamedrash - Charities report

REGISTERED COMPANY NUMBER: 06927223 (England and Wales)

REGISTERED CHARITY NUMBER: 1130334

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE BRIDGE LANE BETH HAMEDRASH

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

Notes to the Financial Statements

6

to

10

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 31 March 2026. 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 to promote religious worship in accordance with the Jewish faith, to promote the study of the Jewish religion, the advancement of the Jewish faith and the advancement of such other charitable purposes as the directors may from time to time determine.

The main activities for the year were to obtain donations from individuals and institutions and utilise these funds to enable the charity to pursue its objectives.

The trustees confirm their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives and in planning future activities.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Bridge Lane Beth Hamedrash provides a vibrant and welcoming environment for prayer, learning, and community engagement within the framework of inclusive Orthodox Judaism. The synagogue hosts daily minyanim, regular shiurim including Daf Yomi, and a popular weekly ladies’ shiur. It also supports youth learning through programmes like Avos Ubonim. With a strong sense of communal warmth and participation, BLBH fosters spiritual growth and connection across all ages, making it a valued centre of Jewish life in the area.

Fundraising activities

The charity is satisfied with its overall achievements and performance during the year and has continued to meet its objectives.

FINANCIAL REVIEW

Financial position

Total income for the year amounted to £232,878 (2025: £405,909), derived from membership fees and donations. Expenditure totalled £225,125 (2025: £213,739), with the principal costs relating to wages, synagogue running expenses, and community events. The charity recorded a net surplus of £7,753, bringing total funds carried forward to £861,176.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure. The directors consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a registered charity and a company limited by guarantee, established by the company's Memorandum and Articles of Association dated 8 June 2009.

None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.

When vacancies occur on the Board of Directors, new directors are recruited locally and through advertising (where appropriate) stating skills that are needed on the Board of Directors. The Charity is governed by a Board of Directors, which currently has four members. The directors are responsible for the overall management policy of the fund and for the development of the fundraising and appropriation of benefits. The directors do not consider there to be any connected charities. The directors have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to manage exposure to the major risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06927223 (England and Wales)

Registered Charity number

1130334

Registered office

44 Bridge Lane

London

NW11 0EG

Trustees

Mr H Ganz (resigned 15.5.25)

Mr S Benaim

Mr R D Green

Mr D Rosenthal (resigned 15.5.25)

Mr A Z Birnbaum (appointed 15.5.25)

Mr D Jay (appointed 15.5.25)

Independent Examiner

Aryeh Melinek, FCA

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

Approved by order of the board of trustees on 19 July 2026 and signed on its behalf by:

Mr S Benaim - Trustee

Independent examiner's report to the trustees of The Bridge Lane Beth Hamedrash ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

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.

Aryeh Melinek, FCA

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

20 July 2026

2026

2025

Unrestricted

Restricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

96,967

14,572

111,539

291,460

Membership and rental income

2

114,974

-

114,974

113,309

Investment income

3

5,088

1,277

6,365

1,140

Total

217,029

15,849

232,878

405,909

EXPENDITURE ON

Charitable activities

Wages and staff costs

108,973

-

108,973

103,095

Synagogue running costs

58,607

13,341

71,948

76,262

Events

44,204

-

44,204

34,382

Total

211,784

13,341

225,125

213,739

NET INCOME

5,245

2,508

7,753

192,170

RECONCILIATION OF FUNDS

Total funds brought forward

273,320

580,103

853,423

661,253

TOTAL FUNDS CARRIED FORWARD

278,565

582,611

861,176

853,423

2026

2025

Notes

£

FIXED ASSETS

Tangible assets

9

581,530

585,593

CURRENT ASSETS

Debtors

10

500

Cash at bank and in hand

285,190

279,186

285,690

279,686

CREDITORS

Amounts falling due within one year

11

(6,044

)

(11,856

)

NET CURRENT ASSETS

279,646

267,830

TOTAL ASSETS LESS CURRENT LIABILITIES

861,176

853,423

NET ASSETS

861,176

853,423

FUNDS

13

Unrestricted funds

278,565

273,320

Restricted funds

582,611

580,103

TOTAL FUNDS

861,176

853,423

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 19 July 2026 and were signed on its behalf by:

Mr S Benaim - Trustee

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.

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.

Governance costs

Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include legal advice for trustees and costs associated with meeting constitutional and statutory requirements such as the cost of trustees meetings and the preparation of statutory accounts.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

10% on reducing balance

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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective impairment is found, an impairment loss is recognised in profit or loss.

2.	MEMBERSHIP AND RENTAL INCOME

2026

2025

£

Membership

97,096

89,286

Seat, hall and locker rental

17,878

24,023

114,974

113,309

3.	INVESTMENT INCOME

2026

2025

£

Interest receivable

6,365

1,140

4.	NET INCOME/(EXPENDITURE)

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

2026

2025

£

Depreciation - owned assets

22,273

22,574

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

6.	STAFF COSTS

The average monthly number of employees during the year was as follows:

2026

2025

Number of administrative staff

2

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2026

2025

£60,001 - £70,000

-

1

£70,001 - £80,000

1

-

1

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

91,460

200,000

291,460

Membership and rental income

113,309

-

113,309

Investment income

1,140

-

1,140

Total

205,909

200,000

405,909

EXPENDITURE ON

Charitable activities

Wages and staff costs

103,095

-

103,095

Synagogue running costs

62,921

13,341

76,262

Events

34,382

-

34,382

Total

200,398

13,341

213,739

NET INCOME

5,511

186,659

192,170

RECONCILIATION OF FUNDS

Total funds brought forward

267,809

393,444

661,253

TOTAL FUNDS CARRIED FORWARD

273,320

580,103

853,423

8.	FUND TRANSFERS

Fund transfer relates to restricted funds spent on balance sheet items and have no further restrictions and therefore can be transferred to unrestricted funds.

9.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 April 2025

669,102

37,850

307,707

1,014,659

Additions

7,462

10,569

179

18,210

At 31 March 2026

676,564

48,419

307,886

1,032,869

DEPRECIATION

At 1 April 2025

192,372

5,276

231,418

429,066

Charge for year

13,341

1,285

7,647

22,273

At 31 March 2026

205,713

6,561

239,065

451,339

NET BOOK VALUE

At 31 March 2026

470,851

41,858

68,821

581,530

At 31 March 2025

476,730

32,574

76,289

585,593

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

500

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

75

593

Social security and other taxes

2,891

2,445

Pension

1,188

Other creditors

1,890

7,630

6,044

11,856

12.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

2026

2025

Unrestricted

Restricted

Total

fund

funds

£

Fixed assets

205,266

376,264

581,530

585,593

Current assets

79,343

206,347

285,690

279,686

Current liabilities

(6,044

)

-

(6,044

)

(11,856

)

278,565

582,611

861,176

853,423

13.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.25

in funds

31.3.26

£

Unrestricted funds

General fund

273,320

5,245

278,565

Restricted funds

Restricted fund

580,103

2,508

582,611

TOTAL FUNDS

853,423

7,753

861,176

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

217,029

(211,784

)

5,245

Restricted funds

Restricted fund

15,849

(13,341

)

2,508

TOTAL FUNDS

232,878

(225,125

)

7,753

Comparatives for movement in funds

Net

movement

At

At 1.4.24

in funds

31.3.25

£

Unrestricted funds

General fund

267,809

5,511

273,320

Restricted funds

Restricted fund

393,444

186,659

580,103

TOTAL FUNDS

661,253

192,170

853,423

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

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

205,909

(200,398

)

5,511

Restricted funds

Restricted fund

200,000

(13,341

)

186,659

TOTAL FUNDS

405,909

(213,739

)

192,170

14.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2026.