Gesher Charity Accounts

COMPANY REGISTRATION NUMBER: 07505846

CHARITY REGISTRATION NUMBER: 1142268

Gesher

Company Limited by Guarantee

Unaudited Financial Statements

31 January 2026

Gesher

Company Limited by Guarantee

Financial Statements

Year ended 31 January 2026

	Pages

Trustees' annual report (incorporating the director's report)	1 to 3

Independent examiner's report to the trustees	4 to 5

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Notes to the financial statements	8 to 14

Gesher

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 January 2026

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 January 2026 .

Reference and administrative details

Registered charity name	Gesher

Charity registration number	1142268

Company registration number	07505846

Principal office and registered	5 Oxford Terrace
office	Gateshead
	Tyne and Wear
	NE8 1RQ

The trustees

	C J A Kaufman
	D Schleider
	M Schleider
	L Spitzer

Independent examiner	Mr Howard Schwalbe ACA
	2nd Floor - Parkgates
	Bury New Road
	Prestwich
	Manchester
	M25 0TL

Structure, governance and management

Gesher is constituted by Memorandum and Articles of Association and is a company limited by guarantee. It was incorporated on 26 January 2011 as a company and the company number is 7505846. It was registered as a charity on 6 June 2011 with a charity number 1142268.

The Charity is run by the trustees who all act in an honorary capacity. A new trustee would receive copies of the previous years' Annual Report and Accounts and a copy of the Charity Commission leaflet 'The Essential Trustee : What you need to know'.

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 systems and procedures mitigate any perceived risks.

Objectives and activities

The objectives of the charity are

a) The advancement of the orthodox Jewish faith.

b) To provide or assist in the provision of facilities particularly but not exclusively in accordance with the tenets of the Jewish faith for young adults in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.

c) The relief of financial hardship, either generally or individually, of people on low income by making grants of money for providing or paying for items or services or facilities particularly but not exclusively for people of the Jewish faith.

d) To advance the Orthodox Jewish education of young people by providing and assisting in the provision of facilities (not required to be provided by the local education authority) for education.

Public Benefit Policy

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

Grant Making Policy

Grants are made to charitable institutions and individuals in line with the objects of the charity.

Achievements and performance

During the year the charity received £306,315 (2025: £338,289) in donations and grants.

These grants include £20,000 from The National Lottery, £17,582 from CST and £10,000 from Delapage.

The charity spent £280,106 (2025: £301,271) in furtherance of its objectives.

Expenditure on seminars was £256,952 (2025: £259,296), expenditure on the follow up programme was £9,892 (2025: £11,898).

Grants paid totalled £1,750 (2025: £1,750).

Support costs were £7,053 (2025: £5,434).

Fundraising costs were £4,459 (2025: £2,902).

Net income and net movement in funds was £28,429 (2025: £37,018).

Financial review

At the year-end, the free reserves, represented by the unrestricted net current assets of the charity, were £61,552 (2025: £65,439).

A further £27,500 (2025: £8,500) of current assets relates to the restricted fund.

Total funds of the charity stood at £231,359 (2025: £202,930).

Reserves Policy

The trustees are satisfied that the balance of the fund is an acceptable level of reserves.

It is the charity's policy to maintain cash reserves of approximately four months of its average annual expenditure, to enable the charity to continue to operate effectively.

The trustees' annual report was approved on 27 October 2026 and signed on behalf of the board of trustees by:

D Schleider

Trustee

Gesher

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Gesher

Year ended 31 January 2026

I report to the trustees on my examination of the financial statements of Gesher ('the charity') for the year ended 31 January 2026.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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 - matter of concern identified

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), 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 charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements 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 financial statements 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 Howard Schwalbe ACA Independent Examiner

2nd Floor - Parkgates Bury New Road Prestwich Manchester M25 0TL

27 October 2026

Gesher

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 January 2026

	2026			2025
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	246,233	60,082	306,315	338,289
Other income	6	2,220	–	2,220	–
		---------	--------	---------	---------
Total income		248,453	60,082	308,535	338,289
		---------	--------	---------	---------

Expenditure

Expenditure on raising funds:

	Costs of raising donations and legacies	7	4,459	–	4,459	2,902
Expenditure on charitable activities		8,9	234,565	41,082	275,647	298,369
			---------	--------	---------	---------
Total expenditure			239,024	41,082	280,106	301,271
			---------	--------	---------	---------

	---------	--------	---------	---------
Net income and net movement in funds	9,429	19,000	28,429	37,018
	---------	--------	---------	---------

Reconciliation of funds

Total funds brought forward	194,430	8,500	202,930	165,912
	---------	--------	---------	---------
Total funds carried forward	203,859	27,500	231,359	202,930
	---------	--------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Gesher

Company Limited by Guarantee

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible fixed assets	16		209,139	202,820

Current assets

Cash at bank and in hand	109,502		90,059

Creditors: amounts falling due within one year	17	20,480		16,120
		---------		--------
Net current assets			89,022	73,939
			---------	---------
Total assets less current liabilities			298,161	276,759

Creditors: amounts falling due after more than one year	18	66,802	73,829
		---------	---------
Net assets		231,359	202,930
		---------	---------

Funds of the charity

Restricted funds		27,500	8,500
Unrestricted funds		203,859	194,430
		---------	---------
Total charity funds	19	231,359	202,930
		---------	---------

For the year ending 31 January 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 27 October 2026 , and are signed on behalf of the board by:

D Schleider

Trustee

Gesher

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 5 Oxford Terrace, Gateshead, Tyne and Wear, NE8 1RQ.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates or assumptions that affect the amounts reported at the year end.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Resources expended

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure.

Expenditure also includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Governance costs are included on an accruals basis and are recognised when there is a legal or constructive obligation to pay for expenditure.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	1% straight line
Fixtures & fittings	-	15% straight line
Equipment	-	25% reducing balance

4. Limited by guarantee

The Charity is a Company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £l0.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2026
£	£	£

Donations

Donations	216,584	–	216,584
Seminar contributions	29,649	–	29,649

Grants

National Lottery Main Grant	–	20,000	20,000
Delapage	–	10,000	10,000
CST	–	17,582	17,582
Other grants	–	12,500	12,500
	---------	--------	---------
	246,233	60,082	306,315
	---------	--------	---------

Unrestricted Funds	Restricted Funds	Total Funds 2025
£	£	£

Donations

Donations	265,943	–	265,943
Seminar contributions	17,146	–	17,146

Grants

National Lottery Main Grant	–	20,000	20,000
Delapage	–	30,000	30,000
CST	–	5,200	5,200
Other grants	–	–	–
	---------	--------	---------
	283,089	55,200	338,289
	---------	--------	---------

6. Other income

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Rental income	2,220	2,220	–	–
	-------	-------	----	----

7. Costs of raising donations and legacies

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Costs of raising donations	4,459	4,459	2,902	2,902
	-------	-------	-------	-------

8. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2026
	£	£	£
Seminars	215,871	41,082	256,952
Follow Up Programme	9,892	–	9,892
Grants Payable	1,750	–	1,750
Food Relief	–	–	–
Support costs	7,052	–	7,053
	---------	--------	---------
	234,565	41,082	275,647
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Seminars	212,596	46,700	259,296
Follow Up Programme	11,898	–	11,898
Grants Payable	1,750	–	1,750
Food Relief	19,991	–	19,991
Support costs	5,434	–	5,434
	---------	--------	---------
	251,669	46,700	298,369
	---------	--------	---------

9. Expenditure on charitable activities by activity type

	Activities undertaken directly	Grant funding of activities	Support costs	Total funds 2026	Total fund 2025
	£	£	£	£	£
Seminars	256,952	–	5,612	262,564	263,349
Follow Up Programme	9,892	–	–	9,892	11,898
Grants Payable	–	1,750	–	1,750	1,750
Food Relief	–	–	–	–	19,991
Governance costs	–	–	1,441	1,441	1,381
	---------	-------	-------	---------	---------
	266,844	1,750	7,053	275,647	298,369
	---------	-------	-------	---------	---------

10. Analysis of support costs

	Analysis of support costs	Total 2026	Total 2025
	£	£	£
General office	5,612	5,612	4,053
Governance costs	1,441	1,441	1,381
	-------	-------	-------
	7,053	7,053	5,434
	-------	-------	-------

11. Analysis of grants

	2026	2025
	£	£

Grants to individuals

Student grants	1,750	1,750
	-------	-------
Total grants	1,750	1,750
	-------	-------

12. Net income

Net income is stated after charging/(crediting):

	2026	2025
	£	£
Depreciation of tangible fixed assets	7,314	3,998
	-------	-------

13. Independent examination fees

	2026	2025
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	1,440	1,380
	-------	-------

14. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2026	2025
	£	£
Wages and salaries	83,875	82,725
	--------	--------

The average head count of employees during the year was 8 (2025: 8 ). The average number of full-time equivalent employees during the year is analysed as follows:

	2026	2025
	No.	No.
Number of staff	8	8
	----	----

No employee received employee benefits of more than £60,000 during the year (2025: Nil).

15. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees nor were any expenses reimbursed to the trustees.

16. Tangible fixed assets

	Freehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 February 2025	219,477	9,564	17,197	246,238
Additions	–	–	13,633	13,633
	---------	-------	--------	---------
At 31 January 2026	219,477	9,564	30,830	259,871
	---------	-------	--------	---------
Depreciation
At 1 February 2025	25,891	1,435	16,092	43,418
Charge for the year	2,195	1,434	3,685	7,314
	---------	-------	--------	---------
At 31 January 2026	28,086	2,869	19,777	50,732
	---------	-------	--------	---------
Carrying amount
At 31 January 2026	191,391	6,695	11,053	209,139
	---------	-------	--------	---------
At 31 January 2025	193,586	8,129	1,105	202,820
	---------	-------	--------	---------

17. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	13,903	14,175
Accruals and deferred income	1,440	1,380
Social security and other taxes	253	565
Other creditors	4,884	–
	--------	--------
	20,480	16,120
	--------	--------

18. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	66,802	73,829
	--------	--------

The bank loan is secured on the freehold property held by the charity.

19. Analysis of charitable funds

Unrestricted funds

	At 1 February 2025	Income	Expenditure	At 31 January 2026
	£	£	£	£
General funds	194,430	248,453	(239,024)	203,859
	---------	---------	---------	---------

	At 1 February 2024	Income	Expenditure	At 31 January 2025
	£	£	£	£
General funds	165,912	283,089	(254,571)	194,430
	---------	---------	---------	---------

Restricted funds

	At 1 February 2025	Income	Expenditure	At 31 January 2026
	£	£	£	£
Restricted fund – grants receivable	8,500	60,082	(41,082)	27,500
	-------	--------	--------	--------

	At 1 February 2024	Income	Expenditure	At 31 January 2025
	£	£	£	£
Restricted fund – grants receivable	–	55,200	(46,700)	8,500
	----	--------	--------	-------

20. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2026
	£	£	£
Tangible fixed assets	209,139	–	209,139
Current assets	82,002	27,500	109,502
Creditors less than 1 year	(20,480)	–	(20,480)
Creditors greater than 1 year	(66,802)	–	(66,802)
	---------	--------	---------
Net assets	203,859	27,500	231,359
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Tangible fixed assets	202,820	–	202,820
Current assets	81,559	8,500	90,059
Creditors less than 1 year	(16,120)	–	(16,120)
Creditors greater than 1 year	(73,829)	–	(73,829)
	---------	-------	---------
Net assets	194,430	8,500	202,930
	---------	-------	---------

21. Taxation

Gesher is a registered charity and therefore is not liable to income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.