AJC - MAGEN AVRAHAM

	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 30 November 2025.

Objectives and Activities

Aims and Objectives

The Company is a Charity whose objects are The Relief of Poverty and The Promotion of Education and

Religion and the provision of a Social Network to Suit the Cultural and Religious needs of our Community

through our Places of Worship and Meeting Places.

Public Benefit

The Charity Offers help and Support to

Children/young People

Elderly/old People

People With Disabilities

People Of A Particular Ethnic Or Racial Origin

Other Charities Or Voluntary Bodies

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

Mr Etan Shelemay - Trustee

Mr Michael Cohen - Trustee

Mr Daniel Cohen - Trustee

Mr Aryel Mansoor - Trustee

Charity Number

1105896

Company Number

04946089

Independent Examiner

C Rosen

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AJC - MAGEN AVRAHAM

Trustees' Report (continued)

For The Year Ended 30 November 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:

Mr Etan Shelemay Trustee	Mr Michael Cohen Trustee	Mr Daniel Cohen Trustee
Mr Aryel Mansoor Trustee
9th August 2026

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AJC - MAGEN AVRAHAM

Independent Examiner's Report to the Trustees of AJC - MAGEN AVRAHAM

For The Year Ended 30 November 2025

Independent Examiner's Report to the Trustees of AJC - MAGEN AVRAHAM

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 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

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.

C Rosen

9th August 2026

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AJC - MAGEN AVRAHAM

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 30 November 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	116,961	115,875
Investments	4	424	482

		117,385	116,357

EXPENDITURE ON:
Charitable activities:	5
Unrestricted		(73,801 )	(67,984 )
Separate material item of expenditure		(27,184 )	(37,747 )
Other		(5,052 )	(7,385 )

		(106,037 )	(113,116 )

NET INCOME		11,348	3,241


NET MOVEMENT IN FUNDS		11,348	3,241
RECONCILIATION OF FUNDS:
Total funds brought forward		391,950	388,709

TOTAL FUNDS CARRIED FORWARD	11	403,298	391,950

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

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AJC - MAGEN AVRAHAM

Balance Sheet

As At 30 November 2025

Balance Sheet

		2025	2024
		Unrestricted funds	Total funds
	Notes	£	£
CURRENT ASSETS
Debtors	9	331,037	331,037
Cash at bank and in hand		72,738	61,160

		403,775	392,197
Creditors: Amounts Falling Due Within One Year	10	(477 )	(247 )

NET CURRENT ASSETS (LIABILITIES)		403,298	391,950

TOTAL ASSETS LESS CURRENT LIABILITIES		403,298	391,950

NET ASSETS		403,298	391,950

FUNDS OF THE CHARITY
Unrestricted Funds		403,298	391,950

TOTAL FUNDS	11	403,298	391,950

For the year ending 30 November 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

Mr Etan Shelemay Trustee	Mr Michael Cohen Trustee	Mr Daniel Cohen Trustee
Mr Aryel Mansoor Trustee
9th August 2026

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

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AJC - MAGEN AVRAHAM

Notes to the Financial Statements

For The Year Ended 30 November 2025

Notes to the Financial Statements

1. General Information

AJC - MAGEN AVRAHAM is a company limited by guarantee, incorporated in England & Wales, registered number 04946089 and registered charity number 1105896 . 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

Donations received for the general and main purposes of the Charity are included as unrestricted funds.

Donations and Grants for activities restricted by the donors are taken to restricted funds if the wishes

and conditions of the donor are legally binding on the Governors.

2.3. Resources Expended

Resources expended are accounted for on an accruals basis. Certain expenditure is apportioned to

cost categories based on estimated amount attributable to that activity in the year. These estimates

are based on the time and level of activity as appropriate.

The irrecoverable element of VAT is included with the item of expense to which it relates.

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:

Freehold

Nil

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	116,961	115,875

4. Investment Income

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Interest on short-term deposits	424	482

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AJC - MAGEN AVRAHAM

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Analysis of Expenditure

	2025
	Support costs (see note 6 )
	£
Unrestricted	73,801

	2024
	Support costs (see note 6 )
	£
Unrestricted	67,984

6. Support Costs

	2025
	Unrestricted
	£
Employee costs	17,589
Premises expenses	39,378
General administration	16,684
Governance costs	150

	73,801

	2024
	Unrestricted
	£
Employee costs	15,360
Premises expenses	41,930
General administration	10,694

	67,984

7. Staff Costs

Staff costs were as follows:

	2025	2024
	£	£
Wages and salaries	17,589	15,360

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: 1 (2024: 1)

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AJC - MAGEN AVRAHAM

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

9. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	331,037	331,037

The current deferred asset represents the contribution paid by AJC-Magen Avraham to the JMC Trust Fund

(registered charity number 1054076) towards the purchase cost of 130 Hendon Lane, London N3 3SJ by the

JMC Trust Fund. In accordance with the Memorandum of Agreement dated 8 March 2013 signed by

AJC-Magen Avraham and the JMC Trust Fund, AJC-Magen Avraham is entitled to a third of any rental income

received and would be entitled to a third of the net sales proceeds in the event of a sale of the property.

10. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	177	97
Accruals and deferred income	300	150

	477	247

11. Movement in Funds

	As at 1 December 2024	Income	Expenditure	As at 30 November 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	391,950	117,385	(106,037 )	403,298


Total funds	391,950	117,385	(106,037 )	403,298

	As at 1 December 2023	Income	Expenditure	As at 30 November 2024
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	388,709	116,357	(113,116 )	391,950


Total funds	388,709	116,357	(113,116 )	391,950

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.

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

	2025	2024
	£	£

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AJC - MAGEN AVRAHAM

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

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.

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AJC - MAGEN AVRAHAM

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

For The Year Ended 30 November 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	116,961	115,875

	116,961	115,875

Investments

Interest on short term deposits	424	482

	424	482


	117,385	116,357
EXPENDITURE ON:
Charitable Activities:
Unrestricted
Wages and salaries	(17,589)	(15,360)
Water rates	(468)	(345)
Repairs and maintenance	(11,405)	(16,711)
Cleaning	(7,836)	(9,245)
Security costs	(19,669)	(15,629)
Insurance	(3,467)	(3,428)
Printing, postage and stationery	(348)	-
Telecommunications and data costs	-	(700)
Telecommunications	(905)	-
Accountancy fees	(1,918)	(1,866)
Charitable donations	(5,975)	(4,700)
Sundry expenses	(45)	-
Children's Books and Prayer Services	(4,026)	-
Independent examiner's fees	(150)	-

	(73,801)	(67,984)
Separate material item of expenditure

Books	(579)	(786)
Catering and Kiddushim	(26,605)	(36,961)

	(27,184)	(37,747)

Other

Gardening	(1,965)	(1,320)
Refuse Collection	(1,289)	(1,116)
Gas and Electric	(1,798)	(4,949)

	(5,052)	(7,385)


	(106,037)	(113,116)

NET INCOME	11,348	3,241

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