REGISTERED CHARITY NUMBER: 1091245 Report of the Trustees And Audited Financial Ststements for Ihe Year Ended 31 December 2023 for Community Concern London Martin+Heller Statutory Auditor 5 North End Road London NWI17RJ
Community Concern London Contents of the Financial Stlltements for the Year Ended 31 December 2023 Page Report of the Trustees Report of the Independeni Auditors Stalement of Fin8ncial Activities Balance Sheel Cash Flow Statement Notes to the Cash Flow Ststemenl 10 Notes to the Financial Statements Detailed Statement of Finaneial Aelivities 15
Community Coneern London Report ofthe Trustees for the Year Ended 31 December 2023 The trustees present their report wilh the financial statements of the chxrity for the year ended 31 December 2023. The trnste¢5 have adopted the provisions of AoUnting and Reporting by Charities- Sialement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10?) (effective l January 2019). ORIECTIVES AND ACTIVITIES Objectives and aims The main object of the charity is the relief of poverty in the Orthodox Jewish Community in and surrounding areas of N'orth London. Significant activities The primary objective of the charity is to ideniify bona-fide cases of genuine need, to whom discrete monthly deliveries of essenlial food iiems are provided from the generou5 donations of its donors. Public benefit The trustees confirm their compliance with the duty to have due regard to the Public Benefil guidance published by the Charity Commission when reviewing the Charity's aims and objectives in planning future activities. Grantmaking The charity also provides cash grants in case of extreme urgent need. However. this fornis a small part of the charity's activities. Volunteers The charity is helped by volunteers from the community who &ssists in assessment of new applicants and monitor needs of ihe approved reciptentS. ACHIEVEMENT AND PERFORMANCE Charitable activities During Ihe year the Trusl continued its philanthropic activities and has maintained its support of many causes of poverty alleviation in London. The charity conlinued to ideniify bona-fide cases of genuine need, to whom essential food items including chicken, meat. milk. fish and fruits are provided with in their approved monthly limits. In events where food is delivered the delivering Supplier is not aware of ihe identities of the ¢1p]ents, and dependent members of the household are also not aware of the charitable nature of the delivery. This is true of in-store shopping as well. The charity also discrceily pays for private professional medical advice in case of urgent need in rnre ¢ir¢umstances. The charity'5 analysis of expendilure is provided below.. 202J L'xpendilure ar)algsis il rcLI.'k)ty
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Community Concern London Report of the Trustees ror the Year Ended 31 December 2023 FINANCIAL REVIEW Financial position The Siatement of Financial Activities shows a surplus for the year of £104,326 (2022 deficit- £377.439) and the reserves stand at £787,491 {202?: £683,165). Reserves policy It 15 the Trust's policy lo maintain unrestricted funds in order to ensure that it is in a position to continue ils Grant-making activities al a level consistent with the demands made and io cover contingencies of additional calls being made upon the charity for support of eases in limes of need. The unreslricted funds, which are represented by liquid funds held by the Trust, are considered to be adequate and will be reviewed periodically by the Trustees of the charity. FUTURE PLANS There are no significant future developments to report. STRUCTURE, GOVERNANCE AND MANAGEMENT RecruiÉment and appointment of new trustees There have been 3 trustees thmughout the period. Any new appointments are at the recommendation of the board. REFERENCE AND ADMINISTRATIVE DETAILS Registered Ch#rity number 1091245 Principal address 28 The Ridgeway London NWI 18TB Trustees SJKahn M Rosenihal J Scharfer B M Bleier Auditors Martin+Heller Statutory Auditor 5 North End Road London NWI17RJ WORKING NA,MES The charity also operates with the following working names: Keren Shabbos Tsaido Lebayis STATEMENT OF TRUSTEES, RESPONSIBILITIES The tNstees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and Uniied Kingdom Accounting Standards {Uniied Kingdom Generally Accepied Accouniing Practice). Page 2
Community Coneern London Report ofthe Trustees for the Year Ended 31 December 2023 STATEMENT OF TRUSTEES, RESPONSIBILITIES- continued The law applicable to charities in England and Wales, the Charities Act 2011. Charity (Accounts and Reports) Regulations 2008 2nd Ihe ptt)visions of the trusi deed requires the trustees to prepare financial siatements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including ihe income and expenditure. of the charily for that period. In preparing those financial statements. Ihe trustees are qUired to select suilable accounting policies and then apply Ihem consistently. observe the methods and principles in the Charity SORP,. make judgements and estimates ihal are reasonable and prudenl; state whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial statements; prepare the financial statements on the going ¢on¢ern basis unless it is inappropriate to presume that the charity will continue in business. Th¢ trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the charity and to enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity {Accounts and Reponsl Regulatioiis 2008 and the provisions of the trusi deed. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of irustees on ........- .......... and signed on its behalf by.. JJ Sc Tru Page 3
Report of the Independent Auditors to the Truste¢$ of Community Concern ndon Opinion We have audited ihe financial stai¢meniS of Community Concern London (the '¢harity') for the year ended 31 December 2023 which comprise the Statemenl of Financial Activities, Ihe Balance Sheel, the Cash Flow Sialement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework ihat has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounling Practice). In our opinion the financial statemenis= give a true and fair view of the state of the charity's affairs as ai 31 December 2023 and of its incoming resources and application of resources, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounling Prdctice. and have been prepared in accordance with the requirements of the Charities A¢t 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UKII and applicable law. Our responsibilities under those standards are further described in the AL¢ditors' responsibililies for the audit of ihe financi&l statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Siandard, and we have fulfilled our other ethie81 responsibilities in accordance with ihese requirements. We believe that ihe audit evidence we have obtained is sutTicient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded ihal the trnsiees, use of the going concern b&sis of a¢unting in the preparation of the financial statements is appropriate. Based on the work we have perfornied. we have not identified any material uncertainties relating lo events or conditions thal, individually or collectively, may casl significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial slatemenls are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant selon5 of this report. Other informatlon The trustees are responsible for the other inforniation. The oth¢r infom]ation comprises the infOallOn included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover Ihe other information and. except to the extent otherwise explicitly slated in our report, we do not express any fomi of assurance conclusion ihereon. In Connection with our audit of the financial statements, our responsibility 15 to read the other information and, in doing so, consider whether the other infomiation is malerially inwnsislenl with the finaneial statements or our knowledge obiained in the audit or otherwise appears to be materially misstaied. If we identify such material inconsistencies or apparetit material misstatements. we are required detemiine whether this gives rise to a material misstaiemenl in the finan¢ial slatements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this oiher inforn)ation, we are required to report that fact. We have nothing lo report in this regard. Matters on whieh we are required to report by exception We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulaiions 2008 requires us to report io you if, in our opinion= the infomiation given in the Report of the Trustees is inconsistent in any material respect with the financial statements. or sufficient accounting records have nol been kepi; or the financial slaiements are not in agreement with the accounting records and returns. or we have not received all the information and explanations we require for our audit. Page 4
Report of the Independent Audilors ¢0 the Trustees of Community Concern London Responsibililies of trustees As explained more fully in the Statement of Truslees, Responsibilities, the trustees are responsible for the preparation of the financial slalements which give a true and fair view, and for such internal control as the INstees dderniine is necessary to enable the preparation of financial statements that are free from material missiatement, whether due to fraud or eor. In preparing the financial slatemenis, the trustees are responsible for assessing the charity's ability lo continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trusiees either inlend to liquidate the eharity or to cease operations, or have no realislic alternative but to do so. Our responsibilities for the audit of the financial slatements We have been appointed as auditors under Section 144 of the Charities Act 201 l and report in accordance with the Act and relevani regulations made or having effect thereunder. Our objectives are to obiain reasonable assurance about whether the financial stalements as a whole are free from material misstatemenl. whether due to fraud or etTor. and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordan¢e with ISAS {UKI will always delecl a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in ihe aggregate. they could reasonably be expected to influence the economic decisions of users laken on the basis of these financial statements. The exteni to which our procedures are capable of delecting iegUlarities, including fraud is delailed below: Irregulari(ies, including fraud, are inslances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above, to detect malerial misstalemenls in respecl of Iegular1t]es, including fraud. The exlent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. We assess compliance with applicable laws and regulations that could reasonably be expected to have a material effect on the financial slatemenls. The key laws and regulations we have considered in this conte included Ihe Charities SORP (FRS 1021. In addition, we have ¢orE5idered provisions of other laws and regulations that do not have a direct effect on the financial statements bul compliance with which may be fundamental to the company's ability to operate or to avoid a maierial penalty. The exlenl to which our procedures are capable of detecling irregularities, including fraud is detailed below. Based on the results of our risk assessment we designed our audit procedures to identify non-compliance with such laws and regulations identified above.we discussed with management the extent of compliance with those laws and regulations as part of our audit procedure5. We address the risk of fraud through management override of controls, by obtaining an understanding of internal control and by designing audit procedures thal are appropriate and sufficient. We evaluated the appropriateness of accounting policies used and the reasonableness of accounting esiimates and judgements made by management. We dentified and assessed any signific2nt transactions that are unusual or outside the nomial course of business. and we incorporated testing of manual journal entries and corrections into our audil approach. -our audit procedures were designed to identify and &ssess risks of material misstatemenl in ihe financial stalements, whether due to fraud or etTor. The risk of not deteeting a material misstatement due to fraud is higher than the risk of noi detecting one resulting from error, &s fraud may involve eollusion. forgery, omissions, misrepreseniations, or management override of controls. We communicated identified laws and regulations and potential fraud risks to all engagement leam members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit. The engagement partner considers the engagement team collectively had the appropriaie competence and capabilities to identify or recognize non-compliance with laws and regulations. -There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and lryansaclions reflected in the financial statements, the less likely we would become aware of il. Also, the risk of not detecting a material misstatement due lo fraud is higher than the risk of not detecting one from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentation, or through collusion. Our resw)nsibility is to ¢onclude whether the finan¢ial Statements represent the underlying financial position and activities of the charity and io ensure ihal the overall content and presentation of Ihe financial statements gives a fair view. Page 5
Report of the Independent Audi¢ors to the Trustees of Community Concern London A further description of our responsibilities for the audit of the financial s12temenls is localed on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibiliiies. This description fornis part of our Report of the Independeni Auditors. Use of our report This report is made solely to the charity's trustees, as a body, in accordan¢e with Part 4 of ihe Charities {Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's tntsiees Ihose matters we are required lo slate io them in an audilors, report and for no oiher purpose. To the fullest exteni perniitted by law, we do not accept or assume responsibility to anyone oiher than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Martin+Heller Stalulory Auditor 5 North End Road London NWI17RJ Page 6
Community Concern London Statement of Financial Activities for the Year Ended 31 December 2023 31.12.23 Unrestricted fund 31.12.22 Toial funds Notes INCOME AIYD ElDOwMENTs FROM Donations and legacies 1.680,335 946,392 Invesiment income Total 1694 352 949 197 EXPENDITURE 01 Charitable activitios Relief of poverty Bank charges 1,579.660 188 1,326,636 Other Totsl 1.590 026 1,326 636 IYET INCO.ME/(EXPENDITURE) 104,326 {377,439) RECONCILIATION OF FUNDS Tolal funds brought forward 683.165 1.060,604 TOTAL FUNDS CARRIED FORWARD 787.491 683 165 The notes form part of these finattcial statements Page 7
Community Concern London Balanee Sheet 31 December 2023 31.12.23 Unrestricted fund 31.12.22 Total funds Notes CURRENT ASSETS Cash at bank 791,091 683,165 CREDITORS Amounts falling due within one year (.3,600) NET CURREN'T ASSETS 787,491 683 165 TOTAL ASSETS LESS CURRENT LIABILITIES 787,491 683,165 NET ASSETS 787491 683,165 FUNDS Unrestricted funds 10 787,491 683,165 TOTAL FUNDS 787,491 683.165 The nanci ents were approved by the Board of Trustees and authorised for issue on and were signed on ils behalf by.. J J Scharf rustee The notes form part of these financial siatements Page 8
Community Concern ndOn Cash Flow St4tement for the Year Ended 31 December 2023 Jl.12.23 31.12.22 Notes Cash flows from operating activities Cash generaied from operations 93,909 380,244) cash provided by/(used in) operating activilies 93.909 380,244) C45h flows from investing activities Interest received 2.805 Net cash provided by investing aclivities 14,017 2,805 Change in cash #nd eash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 107,926 (377.439) 683 165 1.060.604 Cash and cash equivalent$ al the end of the reporting period 791091 683,165 The noles form part of these financial statements Page 9
Comtnunity Concern LoDiJon Notes to the Cxsh Flow Stalement for the Year Ended 31 Deeem ber 2023 RECONCILIATION OF NET INCOMEI{EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.12.23 31.12.22 Net incomel(expenditure) for the reporting period (as per the Statement of Financial Aclivities) Adjustmenls for: Interesl received Increase in creditors 104,326 lJ77,439) (14,017) 3,600 (2.805) Net cash provided by/(used in) optr4tions 93,909 380.244) ANALYSIS OF CHANGES IN NET FUNDS At 111123 Cash flow At31112123 Net cash Cash at bank 683,165 107,926 791,091 683.165 107,926 791,091 Total 68),16.5 107,926 791,091 The notes forni part of these financial slatemenls Page 10
Community Concern London Notes to the Financial Statements for the Year Ended 31 December 2023 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102. have been prepared in accordance with Ihe Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their accounis in aecordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland {FRS 102) leffeclive l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost conwention. The retK)rting currency of the charity is UK pound sterling. Income All Tncome is recognised in the Statement of Financial Activities once the ¢harity has entitlement to ihe filnds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expendilure as soon as there is a legal or consiruciive obligation committing the charity to that expenditure, il is probable that a Iransfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an CrUalS basis and has been classified under headings thal aggregate all cost relaied to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a blS consistent with the use of resources. Tax4lion The charity is exempt from on its charitable activities. Fund accounting Unrestricled funds can be used in accordance with the charitable objectives at ihe discretion of the trustees. DONATIONS A'D LEGACIES 31.12.23 31.12.22 Donations 1,680.335 946 392 INVESTMENT IIYCOME 31.12.23 31.12.22 Deposil account interesi 2,805 Pagell continued...
Community Concern London Notes to the Finaneial Statements - eontinued for the YeaT Ended 31 December 2023 CHARITABLE ACTIVITIES COSTS Direct Cosls Relief of poverty Bank charge5 1,579,660 188 1,579.848 SUPPORT COSTS Governance costs Other resources expended AUDITORS, REMUNERATION 31.12.23 31.12.22 Fees payable lo the charity's auditors for the audit of the charity's financial slalemenls 3,600 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees, expenses There were no Irustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND EIYDOWMENTS FROM Donations and legacies 946,392 Investhient income 2,805 Total 949 197 EXPENDITURE ON Charitable activities Relief of poverty 1,326.636 NET INCOMEI(EXPEIYDITURE) (377,439) RECOI*CILIATION' OF FUNDS Tolal funds broughi forward 1,060,604 Page 12 continued...
Community Concern kn)ndon Notes to the Financial Statements - eontinued for the Year Ended 31 Deeember 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 683.165 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Other creditors 3,600 io. MOVEMENT IN FUiYDS Net movement in funds At 31112123 Ai 111123 Ilnrestricted funds General fund 683,165 104,326 787,491 TOTAL FUI%DS 683.165 104,326 787.491 movement in funds, included in the above are &s follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 1,694,352 (1,590.026) 104,326 TOTAL FUNDS 694352 1.590 026) 104.326 Comparatives for movement in funds Net movemenl in funds Ai 31112122 At l/l/?? L'nrestricted funds Gener81 fund 1,060,604 (377,439) 683,165 TOTAL FUNDS 1,060.604 377,439) 683 165 Page 13 ontinued..
Community Concern London Notes to the Financial Statements - continued for the Year Ended 31 December 2023 io. MOVEMENT IN FUNDS- continued Comparative nel rnovement in funds, included in the above are as follows= Incoming resources Resource5 expended Movement in funds Unrestricted funds General fund 949,197 (1,326,636} (377,439) TOTAL FLINDS 949.197 A current yvar 12 months and prior year 12 months combtned position is as follows.. Nel movement in funds Ai 31112123 At 111122 Unrestricted funds General fund 1,060,604 {273,113) 787,491 TOTAL FUNDS 1,060.604 273,113) 787,491 A currenl year 12 months and prior year 12 monihs combined nel movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 2.643,549 (2,916.662) 1273,113) TOTAL FUNDS 9.64J.549 2,916.662) 273,113) RELATED PARTY DISCLOSIIRES There were no related party iransa¢lions for the year ended 31 December 2023. Page 14
Community Concern London Detailed Statement of Financial Aetivities for the Yegr Ended 31 December 2023 31.12.23 31.12.22 INCOME AND ENDOWMENTS Donations and Itgacies Donations 1,680.335 946,392 Investment income Deposit account interest 2,805 Total ineoming resources 1,694.352 949,197 EXPENDITURE Chariiable ac¢ivities Relief of poverty Bank charges 1,579,660 188 .326,370 266 1,579,848 1,326,6)6 Support cosls Governance Costs Auditors, remuneration Sundrie5 3.600 6.578 10,178 Toial resources expended 1,590.026 1,326,636 Net incomel(expenditure) 104,326 377 439) This page does noi form part of the statutory financial statements Page 15