Aviv CT Limited - Charities report

REGISTERED COMPANY NUMBER: 05854615 (England and Wales)

REGISTERED CHARITY NUMBER: 1115607

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2025

FOR

AVIV CT LIMITED

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

12

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 October 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

Charitable objects

The principal activity of the company was that of a charity, with particular reference to the advancement of education in and the religion of the orthodox Jewish faith, the relief of poverty and for such other purposes as are recognised as charitable by English law.

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 trust's aims and objectives and in planning future activities and setting the grant making policy for the year.

There have been no material changes in the objectives or policies of the charity during the year under review.

To achieve the objects, the charity accepts donations and grants, receives investment income and makes charitable donations and grants to Jewish schools, other educational organisations and other charities.

ACHIEVEMENTS AND PERFORMANCE

Review of activities and achievements

In furtherance of the objects as stated above, the trustees have accepted donations and grants, have received investment income and have made charitable donations and grants as shown in the attached statement of financial activities.

The balance sheet shows a satisfactory position with undistributed unrestricted funds amounting to £736,075.

FINANCIAL REVIEW

Investment powers, policy and performance

The charity is able to make any investment which the trustees see fit subject to any conditions (if any) imposed or required by law.

FUTURE PLANS

The Trustees continue to support various institutions in accordance with the charity's aims.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 22 June 2006 and registered as a charity on 28 July 2006, being registered with the Charity Commission. The company was established under a Memorandum of Association and is governed under its Articles of Association.

As AVIV CT LIMITED is a company limited by guarantee it does not have a share capital.

Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the

assets of the charitable company in the event of its being wound up while he or she is a member, or within one

year after he or she ceases to be a member.

Organisational structure

The trustees meet at several times during the year, to consider the various ways of advancing the principal activities of the charity. The power to appoint new trustees is vested in the continuing trustees.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05854615 (England and Wales)

Registered Charity number

1115607

Registered office

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

Trustees

A P Rose

A Y Melinek

Independent Examiner

Mr Michael Weissbraun FCA

Weissbraun Emanuel

Chartered Accountants

220 The Vale

Golders Green

London

NW11 8SR

Approved by order of the board of trustees on 24 July 2026 and signed on its behalf by:

A Y Melinek - Trustee

Independent examiner's report to the trustees of Aviv CT Limited ('the Company')

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

Mr Michael Weissbraun FCA

Weissbraun Emanuel

Chartered Accountants

220 The Vale

Golders Green

London

NW11 8SR

24 July 2026

2025

2024

Unrestricted

Restricted

Endowment

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS

FROM

Donations and legacies

2

9,375

-

9,375

-

Investment income

3

28,811

-

28,811

35,430

Total

38,186

-

38,186

35,430

EXPENDITURE ON

Raising funds

4

727

-

727

-

Charitable activities

5

Charitable activities

244,020

-

244,020

573,433

Total

244,747

-

244,747

573,433

Net gains/(losses) on
investments

(335,666

)

-

(335,666

)

305,682

NET
INCOME/(EXPENDITURE)

(542,227

)

-

(542,227

)

(232,321

)

RECONCILIATION OF FUNDS

Total funds brought forward

1,278,302

-

1,278,302

1,510,623

TOTAL FUNDS CARRIED
FORWARD

736,075

-

736,075

1,278,302

2025

2024

Unrestricted

Restricted

Endowment

Total

fund

funds

Notes

£

FIXED ASSETS

Investments

9

162

-

162

380,394

Investment property

10

395,000

-

395,000

395,162

-

395,162

775,394

CURRENT ASSETS

Investments

11

326,678

-

326,678

512,307

Cash at bank

33,205

-

33,205

17,986

359,883

-

359,883

530,293

CREDITORS

Amounts falling due within one
year

12

(18,970

)

-

(18,970

)

(27,385

)

NET CURRENT ASSETS

340,913

-

340,913

502,908

TOTAL ASSETS LESS
CURRENT LIABILITIES

736,075

-

736,075

1,278,302

NET ASSETS

736,075

-

736,075

1,278,302

FUNDS

13

Unrestricted funds

736,075

1,278,302

TOTAL FUNDS

736,075

1,278,302

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 24 July 2026 and were signed on its behalf by:

A Y Melinek - 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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows.

Preparation of consolidated financial statements

The financial statements contain information about Aviv CT Limited as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in 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.

2.	DONATIONS AND LEGACIES

2025

2024

£

Gifts

9,375

-

3.	INVESTMENT INCOME

2025

2024

£

Rents received

24,500

Dividends

3,692

10,491

Deposit account interest

3

4

Investment interest

616

435

28,811

35,430

4.	RAISING FUNDS

Investment management costs

2025

2024

£

Insurance

727

-

5.	CHARITABLE ACTIVITIES COSTS

Grant

funding of

activities

Support

(see note

costs (see

6)

note 7)

Totals

£

Charitable activities

237,500

6,520

244,020

Donations and grants comprise amounts paid to institutions. All donations are paid directly from the charity to the institutions, as follows:

Name of charitable organisation

Total
donation
(£

)

Ateres Beis Yaakov Limited

178,000

Friends of Yeshivas Brisk

20,000

Mars Org. Ltd

12,000

North London Welfare and Educational Foundation

10,000

Others

17,500

6.	GRANTS PAYABLE

2025

2024

£

Charitable activities

237,500

549,300

7.	SUPPORT COSTS

Governance

costs

£

Charitable activities

6,520

8.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

9.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 November 2024

380,394

Impairments

(380,232

)

At 31 October 2025

162

NET BOOK VALUE

At 31 October 2025

162

At 31 October 2024

380,394

There were no investment assets outside the UK.

Cost or valuation at 31 October 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2025

162

10.	INVESTMENT PROPERTY

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

395,000

NET BOOK VALUE

At 31 October 2025

395,000

At 31 October 2024

395,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

395,000

11.	CURRENT ASSET INVESTMENTS

2025

2024

£

Listed investments

296,621

498,807

Other

30,057

13,500

326,678

512,307

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

12,250

21,625

Accruals and deferred income

6,720

5,760

18,970

27,385

13.	MOVEMENT IN FUNDS

Net

At

movement

At

1.11.24

in funds

31.10.25

£

Unrestricted funds

General fund

1,278,302

(542,227

)

736,075

TOTAL FUNDS

1,278,302

(542,227

)

736,075

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

38,186

(244,747

)

(335,666

)

(542,227

)

TOTAL FUNDS

38,186

(244,747

)

(335,666

)

(542,227

)

Comparatives for movement in funds

Net

At

movement

At

1.11.23

in funds

31.10.24

£

Unrestricted funds

General fund

1,510,623

(232,321

)

1,278,302

TOTAL FUNDS

1,510,623

(232,321

)

1,278,302

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

35,430

(573,433

)

305,682

(232,321

)

TOTAL FUNDS

35,430

(573,433

)

305,682

(232,321

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1.11.23

in funds

31.10.25

£

Unrestricted funds

General fund

1,510,623

(774,548

)

736,075

TOTAL FUNDS

1,510,623

(774,548

)

736,075

A current year 12 months and prior year 12 months combined 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

73,616

(818,180

)

(29,984

)

(774,548

)

TOTAL FUNDS

73,616

(818,180

)

(29,984

)

(774,548

)

14.	RELATED PARTY DISCLOSURES

During the year ended 31 October 2025 grants of £178,000 were paid to a registered charity of which AY Melinek is a trustee.