IRIS Accounts Production v26.2.0.496 Other Company accounts True false Pounds 1.11.24 31.10.25 31.10.25 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03269511 2024-10-31 03269511 2025-10-31 03269511 2024-11-01 2025-10-31 03269511 2023-10-31 03269511 2023-11-01 2024-10-31 03269511 2024-10-31 03269511 ns0:CharitableCompanyLimitedByGuarantee 2024-11-01 2025-10-31 03269511 ns15:PoundSterling 2024-11-01 2025-10-31 03269511 ns11:FRS102 2024-11-01 2025-10-31 03269511 ns0:IndependentExaminationCharity 2024-11-01 2025-10-31 03269511 ns11:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03269511 ns11:FullAccounts 2024-11-01 2025-10-31 03269511 ns0:CharitiesSORP 2024-11-01 2025-10-31 03269511 ns16:EnglandWales 2024-11-01 2025-10-31 03269511 ns11:RegisteredOffice 2024-11-01 2025-10-31 03269511 ns0:Trustee2 2024-11-01 2025-10-31 03269511 ns0:Trustee3 2024-11-01 2025-10-31 03269511 ns0:Trustee1 2024-11-01 2025-10-31 03269511 ns0:Trustee4 2024-11-01 2025-10-31 03269511 ns0:Trustee5 2024-11-01 2025-10-31 03269511 ns11:CompanySecretary1 2024-11-01 2025-10-31 03269511 ns0:TotalUnrestrictedFunds 2024-11-01 2025-10-31 03269511 ns0:TotalRestrictedIncomeFunds 2024-11-01 2025-10-31 03269511 ns0:Activity10 2024-11-01 2025-10-31 03269511 ns0:Activity10 ns0:TotalUnrestrictedFunds 2024-11-01 2025-10-31 03269511 ns0:Activity10 ns0:TotalRestrictedIncomeFunds 2024-11-01 2025-10-31 03269511 ns0:Activity10 2023-11-01 2024-10-31 03269511 ns0:TotalUnrestrictedFunds 2024-10-31 03269511 ns0:TotalRestrictedIncomeFunds 2024-10-31 03269511 ns0:TotalUnrestrictedFunds 2025-10-31 03269511 ns0:TotalRestrictedIncomeFunds 2025-10-31 03269511 ns0:TotalUnrestrictedFunds ns10:WithinOneYear 2025-10-31 03269511 ns0:TotalRestrictedIncomeFunds ns10:WithinOneYear 2025-10-31 03269511 ns10:WithinOneYear 2025-10-31 03269511 ns10:WithinOneYear 2024-10-31 03269511 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 03269511 ns10:PlantMachinery 2024-11-01 2025-10-31 03269511 ns10:FurnitureFittingsToolsEquipment 2024-11-01 2025-10-31 03269511 2 2024-11-01 2025-10-31 03269511 3 2024-11-01 2025-10-31 03269511 1 2024-11-01 2025-10-31 03269511 1 2023-11-01 2024-10-31 03269511 ns10:OwnedAssets 2024-11-01 2025-10-31 03269511 ns10:OwnedAssets 2023-11-01 2024-10-31 03269511 ns0:TotalUnrestrictedFunds 2023-11-01 2024-10-31 03269511 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31 03269511 ns0:Activity10 ns0:TotalUnrestrictedFunds 2023-11-01 2024-10-31 03269511 ns0:Activity10 ns0:TotalRestrictedIncomeFunds 2023-11-01 2024-10-31 03269511 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-10-31 03269511 ns10:PlantMachinery 2024-10-31 03269511 ns10:FurnitureFittings 2024-10-31 03269511 ns10:FurnitureFittings 2024-11-01 2025-10-31 03269511 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2025-10-31 03269511 ns10:PlantMachinery 2025-10-31 03269511 ns10:FurnitureFittings 2025-10-31 03269511 ns10:LandBuildings ns10:OwnedOrFreeholdAssets 2024-10-31 03269511 ns10:PlantMachinery 2024-10-31 03269511 ns10:FurnitureFittings 2024-10-31

REGISTERED COMPANY NUMBER: 03269511 (England and Wales)

REGISTERED CHARITY NUMBER: 1061689

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

KESHER LTD

| KESHER LTD |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

| Page |

| Report of the Trustees | 1 |  | to |  | 3

| Independent Examiner's Report | 4 |

| Statement of Financial Activities | 5 |

| Statement of Financial Position | 6 |  | to |  | 7

| Notes to the Financial Statements | 8 |  | to |  | 13

| KESHER LTD (REGISTERED NUMBER: 03269511) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2025

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

Objectives and aims

The Charity's object and its principal activities are:

The promotion of the Jewish religion and the advancement of education in the Jewish religion, in Greater London and the provinces.

The Charity is organised so that the Directors and Trustees meet regularly to manage its affairs.There are two part-time administrators, who manage the day to day administration of the charity.We are grateful to the many volunteers who assist the Charity in numerous ways.

Public benefit

The trustees have carefully considered the public benefit requirements and their duty to ensure that they are compliant with them. They feel that the activities as detailed below, more than adequately, satisfy the public benefit requirement.

The trustees continue to operate within the confines of the charity objectives namely in the respect of the advancement of Orthodox Jewish education by providing educational outreach programmes as well as worship facilities which are open to all members of the Jewish Faith.

ACHIEVEMENTS AND PERFORMANCE

The trustees are satisfied with the performance of the Charity during the past year.

Despite the reduced level of donations we have maintained the level of participation in our educational programming and the resources allocated thereto.

In view of the wider economic climate, the Trustees are satisfied with the position of the Charity and its continued ability to impact favourably on the lives of its many beneficiaries.

It is worth noting that expanded use of internet technology has extended our 'reach' as well, at modest cost.

FINANCIAL REVIEW

Financial position

The Statement of Financial Activities shows a Surplus of £69,936 for the year (2024: Deficit of £45,160). As at the year end, our reserves stand at a surplus of £847,030 ( 2024: £777,094).

Reserves Policy

The Trustees have been concentrating on building up the reserves of the charity to a level that will ensure that operation of the charity is not affected by any significant downturns in donation levels caused by the vagaries of the economy. They feel that a cash reserve level equivalent to two years operational expenses would allow them to achieve the required safety margin.

Our cash Reserves stood at £480,121 as at the year end ( 2024 £376,349)

| KESHER LTD (REGISTERED NUMBER: 03269511) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2025

FUTURE PLANS

Having operated from their current premises for 20 years, the Charity has plans to renovate and expand. Working with an architect and specialist planning consultant, a formal planning application is in preparation. Once completed, the Charity's ability to serve its constituents will be greatly enhanced. The trustees feel that fiscal responsibility dictates that this project can only be realistically contemplated from a position of financial stability.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The trust is constituted under the Memorandum and Articles of Association and incorporated on 25th October 1996.The trustees are appointed by the Board of Trustees who would normally appoint new trustees to fill vacancies arising through resignation or death of an existing Trustee. At the trustees' meeting, which is held every quarter, the trustees agree the broad strategy and areas of activity for the Trust, including consideration of reserves, risk management policies and performance.

Organisational structure

All directors of the company are also trustees of the charity , and there are no other trustees. All of the trustees named on page 1 served throughout the year unless otherwise stated.

The Board has the power to appoint additional trustees as it considers fit to do so.

Risk management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.

The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03269511 (England and Wales)

Registered Charity number

1061689

Registered office

923 Finchley Road

Golders Green

London

NW11 7PE

Trustees

S Greenman

Dr M Sinclair

M Wulwick

P L Berger (appointed 24.6.2026)

Dr M J Sinclair Director

Company Secretary

Mr. R Simon

| KESHER LTD (REGISTERED NUMBER: 03269511) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 OCTOBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

JKA Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

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

Approved by order of the board of trustees on 20 August 2026 and signed on its behalf by:

M Wulwick - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

KESHER LTD

Independent examiner's report to the trustees of Kesher Ltd ('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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can 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:

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.

Akiva Kahan FCA

JKA Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

Date: August 2026

| KESHER LTD |

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 OCTOBER 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| Notes | £ | £ | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 2 | 256,829 |  | - |  | 256,829 |  | 186,247 |

Investment income | 3 | 14,032 |  | - |  | 14,032 |  | - |

Total | 270,861 |  | - |  | 270,861 |  | 186,247 |

EXPENDITURE ON

Charitable activities | 4

Educational, outreach and cultural activities | 196,091 |  | - |  | 196,091 |  | 226,877 |

Governance costs | 4,834 |  | - |  | 4,834 |  | 4,530 |

Total | 200,925 |  | - |  | 200,925 |  | 231,407 |

NET INCOME/(EXPENDITURE) | 69,936 |  | - |  | 69,936 |  | (45,160 | )

RECONCILIATION OF FUNDS

Total funds brought forward | 777,094 |  | - |  | 777,094 |  | 822,254 |

TOTAL FUNDS CARRIED FORWARD | 847,030 |  | - |  | 847,030 |  | 777,094 |

| KESHER LTD (REGISTERED NUMBER: 03269511) |

STATEMENT OF FINANCIAL POSITION

31 OCTOBER 2025

| 2025 |  | 2024

| Unrestricted |  | Restricted |  | Total |  | Total

| fund |  | fund |  | funds |  | funds

| Notes | £ | £ | £ | £ |

FIXED ASSETS |

Tangible assets | 9 | 353,495 |  | - |  | 353,495 |  | 364,607 |

CURRENT ASSETS |

Debtors | 10 | 16,349 |  | - |  | 16,349 |  | 16,349 |

Cash at bank | 480,120 |  | - |  | 480,120 |  | 398,447 |

496,469 |  | - |  | 496,469 |  | 414,796 |

CREDITORS |

Amounts falling due within one year | 11 | (2,934 | ) | - |  | (2,934 | ) | (2,309 | )

NET CURRENT ASSETS | 493,535 |  | - |  | 493,535 |  | 412,487 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 847,030 |  | - |  | 847,030 |  | 777,094 |

NET ASSETS | 847,030 |  | - |  | 847,030 |  | 777,094 |

FUNDS | 12

Unrestricted funds:

| General fund | 847,030 |  | 777,094 |

TOTAL FUNDS | 847,030 |  | 777,094 |

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.

| KESHER LTD (REGISTERED NUMBER: 03269511) |

STATEMENT OF FINANCIAL POSITION - continued

31 OCTOBER 2025

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 20 August 2026 and were signed on its behalf by:

M Wulwick - Trustee

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

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.

| 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

| Torah scrolls | - | not provided

| Fixtures, Fittings and Equipment | - | 25% 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.

| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

| Financial instruments

| The Charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| 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 evidence of impairment is found, an impairment loss is recognised in profit or loss.

| Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | ACCOUNTING POLICIES - continued

| Financial instruments

| Debtors

| Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

| Cash and cash equivalents

| Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Creditors

| Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective interest method, less any impairment.

2. | DONATIONS AND LEGACIES

| 2025 |  | 2024

£ | £ |

| Donations | 233,402 |  | 163,081 |  |

| Gift aid | 17,335 |  | 17,719 |  |

| Grants | 6,092 |  | 5,447 |  |

256,829 |  | 186,247 |  |

| Grants received, included in the above, are as follows:

| 2025 |  | 2024

£ | £ |

| Government Grants | 6,092 |  | 5,447 |  |

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

3. | INVESTMENT INCOME

| 2025 |  | 2024

£ | £ |

| Deposit account interest | 14,032 |  | - |  |

4. | CHARITABLE ACTIVITIES COSTS

| Direct | Support |

| Costs | costs | Totals

£ | £ | £ |

| Educational, outreach and cultural activities | 180,350 |  | 15,741 |  | 196,091 |  |

| Governance costs | - |  | 4,834 |  | 4,834 |  |

180,350 |  | 20,575 |  | 200,925 |  |

5. | NET INCOME/(EXPENDITURE)

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

| 2025 |  | 2024

£ | £ |

| Depreciation - owned assets | 11,112 |  | 11,220 |  |

6. | 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.

7. | STAFF COSTS

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

| 2025 |  | 2024

| Members of staff | 1 |  | 1 |  |

| No employees received emoluments in excess of £60,000.

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

8. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted |  | Restricted |  | Total

| fund |  | fund |  | funds

£ | £ | £ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 186,247 |  | - |  | 186,247 |

| EXPENDITURE ON

| Charitable activities

| Educational, outreach and cultural activities | 226,877 |  | - |  | 226,877 |

| Governance costs | 4,530 |  | - |  | 4,530 |

| Total | 231,407 |  | - |  | 231,407 |

| NET INCOME/(EXPENDITURE) | (45,160 | ) | - |  | (45,160 | )

| RECONCILIATION OF FUNDS

| Total funds brought forward | 822,254 |  | - |  | 822,254 |

| TOTAL FUNDS CARRIED FORWARD | 777,094 |  | - |  | 777,094 |

9. | TANGIBLE FIXED ASSETS

| Fixtures, |

| Fittings |

| Freehold |  | Torah |  | and |

| property |  | scrolls |  | Equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2024 and 31 October 2025 | 536,006 |  | 15,100 |  | 37,211 |  | 588,317 |  |

| DEPRECIATION

| At 1 November 2024 | 189,220 |  | - |  | 34,490 |  | 223,710 |  |

| Charge for year | 10,721 |  | - |  | 391 |  | 11,112 |  |

| At 31 October 2025 | 199,941 |  | - |  | 34,881 |  | 234,822 |  |

| NET BOOK VALUE

| At 31 October 2025 | 336,065 |  | 15,100 |  | 2,330 |  | 353,495 |  |

| At 31 October 2024 | 346,786 |  | 15,100 |  | 2,721 |  | 364,607 |  |

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Other debtors | 16,349 |  | 16,349 |  |

11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Social security and other taxes | (65 | ) | (57 | ) |

| Net wages payable | - |  | (285 | ) |

| Accruals and deferred income | 2,999 |  | 2,651 |  |

2,934 |  | 2,309 |  |

12. | MOVEMENT IN FUNDS

| Net |  |

| At |  | movement |  | At |

| 1.11.24 |  | in funds |  | 31.10.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 777,094 |  | 69,936 |  | 847,030 |  |

| TOTAL FUNDS | 777,094 |  | 69,936 |  | 847,030 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 270,861 |  | (200,925 | ) | 69,936 |  |

| TOTAL FUNDS | 270,861 |  | (200,925 | ) | 69,936 |  |

| Comparatives for movement in funds

| Net |  |

| At |  | movement |  | At |

| 1.11.23 |  | in funds |  | 31.10.24 |

£ | £ | £ |

| Unrestricted fund | 822,254 |  | (45,160 | ) | 777,094 |  |

| TOTAL FUNDS | 822,254 |  | (45,160 | ) | 777,094 |  |

| KESHER LTD |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

12. | MOVEMENT IN FUNDS - continued

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted fund | 186,247 |  | (231,407 | ) | (45,160 | ) |

| TOTAL FUNDS | 186,247 |  | (231,407 | ) | (45,160 | ) |

| 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 fund | 822,254 |  | 24,776 |  | 847,030 |  |

| TOTAL FUNDS | 822,254 |  | 24,776 |  | 847,030 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted fund | 457,108 |  | (432,332 | ) | 24,776 |  |

| TOTAL FUNDS | 457,108 |  | (432,332 | ) | 24,776 |  |

13. | RELATED PARTY DISCLOSURES

| There were no related party transactions for the year ended 31 October 2025.