REGISTERED COMPANY NUMBER: 11101409 (England and Wales)

REGISTERED CHARITY NUMBER: 1177314

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

42Ashbourne Limited

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

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 December 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 was formed for the advancement of the education of persons expressing the orthodox Jewish Faith, the advancement of the orthodox Jewish faith, and the relief of poverty in the orthodox Jewish community.

The charity is also actively involved in raising fund for general education, and relief of poverty.

Significant activities

There were no significant activities to report.

Public benefit

The trustee confirm their compliance with the duty to have regard to the Public Benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives in planning future activities.

Volunteers

During the year, the charity did not have volunteers to help with the objective of charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, the memorandum and articles of association,and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005. The company was formed on December 7, 2017. The charity is managed and controlled by the directors who are trustees, who meet regularly.

Recruitment and appointment of new trustees

The trustees are appointed according to the Articles of Association.

Organisational structure

The Directors/Trustees are members of Management Committee that has the responsibility for the administration of the charity. They appoint one of the Directors/Trustees as Chairman who heads the day to day operations of the charity.

The Board meets on a regular basis, at least quarterly, or more if required.

Wider network

At present 42Ashbourne Limited does not consider itself part of wider network.

Risk management

The trustees have identified and reviewed the major risks to which the charity is exposed. Both manual and automated checks are regularly invoked, particularly those relating to the operations and finance of the charity. The trustees are satisfied that these system and procedures mitigate any perceived risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

11101409 (England and Wales)

Registered Charity number

1177314

Registered office

5 North End Road

London

NW11 7RJ

Trustees

M Friedman

H R Gilbert

N Sheinfeld

Approved by order of the board of trustees on 23 October 2026 and signed on its behalf by:

N Sheinfeld - Trustee

31.12.25

31.12.24

Unrestricted

fund

Total funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

-

1

Investment income

2

26,001

25,999

Total

26,001

26,000

EXPENDITURE ON

Charitable activities

Charitable activities

16,736

13,128

Other

7,167

8,787

Total

23,903

21,915

NET INCOME

2,098

4,085

RECONCILIATION OF FUNDS

Total funds brought forward

14,307

10,222

TOTAL FUNDS CARRIED FORWARD

16,405

14,307

31.12.25

31.12.24

Unrestricted

fund

Total funds

Notes

£

£

FIXED ASSETS

Tangible assets

6

1,267,345

1,266,149

CURRENT ASSETS

Debtors

7

1,296

1,846

Cash at bank

975

694

2,271

2,540

CREDITORS

Amounts falling due within one year

8

(1,253,211

)

(1,254,382

)

NET CURRENT ASSETS

(1,250,940

)

(1,251,842

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,405

14,307

NET ASSETS

16,405

14,307

FUNDS

9

Unrestricted funds

16,405

14,307

TOTAL FUNDS

16,405

14,307

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 23 October 2026 and were signed on its behalf by:

N Sheinfeld - 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.

Tangible fixed assets

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

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.

2.	INVESTMENT INCOME

31.12.25

31.12.24

£

£

Rents received

26,001

25,999

3.	GRANTS PAYABLE

31.12.25

31.12.24

£

£

Charitable activities

16,736

13,128

Grants payable to institutions:

2025

£

B H Gur Ltd

10,868

Friends Of Chosen Yeshivas Beit Shemesh

3,000

Kupat Ezer Lenisuin Beth Yisroel

1,550

Donations less than £1,000

1,318

----------------

16,736

=========

4.	TRUSTEES' REMUNERATION AND BENEFITS

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

Trustees' expenses

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

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

1

Investment income

25,999

Total

26,000

EXPENDITURE ON

Charitable activities

Charitable activities

13,128

Other

8,787

Total

21,915

NET INCOME

4,085

RECONCILIATION OF FUNDS

Total funds brought forward

10,222

TOTAL FUNDS CARRIED FORWARD

14,307

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

1,261,123

5,026

1,266,149

Additions

-

1,196

1,196

At 31 December 2025

1,261,123

6,222

1,267,345

NET BOOK VALUE

At 31 December 2025

1,261,123

6,222

1,267,345

At 31 December 2024

1,261,123

5,026

1,266,149

7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,296

1,846

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

1,252,131

1,253,302

Accrued expenses

1,080

1,080

1,253,211

1,254,382

9.	MOVEMENT IN FUNDS

Net

movement

At

At 1/1/25

in funds

31/12/25

£

£

£

Unrestricted funds

General fund

14,307

2,098

16,405

TOTAL FUNDS

14,307

2,098

16,405

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

26,001

(23,903

)

2,098

TOTAL FUNDS

26,001

(23,903

)

2,098

Comparatives for movement in funds

Net

movement

At

At 1/1/24

in funds

31/12/24

£

£

£

Unrestricted funds

General fund

10,222

4,085

14,307

TOTAL FUNDS

10,222

4,085

14,307

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

26,000

(21,915

)

4,085

TOTAL FUNDS

26,000

(21,915

)

4,085

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

Net

movement

At

At 1/1/24

in funds

31/12/25

£

£

£

Unrestricted funds

General fund

10,222

6,183

16,405

TOTAL FUNDS

10,222

6,183

16,405

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

52,001

(45,818

)

6,183

TOTAL FUNDS

52,001

(45,818

)

6,183

10.	RELATED PARTY DISCLOSURES

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