Kahal ChassAdim Lubavitch Manchester Cbsirity Dumbcr 1101651 Kahal Chassidinj Lubavitch Manchester Trustees, report and lln-audited financial statements for the year ended 30 April 2024 H J Pfnczewski & Co. Chartered Certified Accountants Rico House George Street Upper Floor Pr￿th]ch, Manchester M25 9WS Kahal Chassidim Lubavitch Mallchester Charity inf0rn14tion Date of registration 21 January 2004 Trustees Max Cohen Rabbi Anthony Jaffc Philip Pink Moshe Cohen Independcnt examincr H J Pinczcwski & Co. Chartered Ccrtificd Accountants Rico House George Street Upper Floor Prestwich, Manchester M25 9WS Charity address Lubavitch Manchester 62 Singleton Road Salford Manchester M7 4LU Bankers Barclays Bank plc Leicest¢r LE87 2BB Royal Bank of Scotland PLC 18 Bury Old Road Manchestcr M8 7JN Virgin Money 48 -50 Market Street Manchester Ml IPW Kahal Cbassidim Lubavitch Mancbester Contents Page Tiustees report Independent examiner's report Balance shcct Income and expenditure account Notes to the financial ststements Kahal Chassidim Lubavitch Manchester Trustees Annual Re ort for the ear endin 30° A ri12025 Kahdl Ch&ssidim Lubavitch ManchcsteT is a clwity constituted by I)eed of TTh￿ and is a registered charity numbcr 1101651. The address ot.the charity is 62, Singleton Roa¢ Salford M74LU The organisation is a Synagogue which is involved with pmviding facilities for prayer meetings and educational programmes. It also helps the community and others with fmancial ￿￿5151a￿¢e wherever needed - primarily brides, the poor and the sick. Money is raised by subscription4 donations and grants. Tlic TTUStees are . Max Cohen Moshe Cnhen AJJaffe P PiDk S.IL Wrib The tru3tccs mect regul<￿lY to consider what grants to make and to review any feedback. If any areas of distribution need upgTading, the trustees ask expert advice ,to ensure that their systems are working adequately. During the. year the Trust bas becn able to contiuu¢ its support for needy people, and to n]n the programjnes on a satisfactory basis For and behalf of th¢ Trustee M. Cohen Kahal Chassidim Lubavitch Manchester Independent examiner's re.port to the trustccs on the Un-féudited financial statements of Kahal Ch&ssidim Lubavitch Manchester I report to the trustrcs on my examination of the financial statements of Kahal Chassidim Lubavitch for the year ended 3n April 2024 set out on pascs 2 to 7. Respective responsibiIities of the trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the reauirements of the Charities Act 2011 ('the Act,). The charity's trustees consider that an audit is not required for this year under %ection 144 of the Act and that an ind¢pcndcnt cxamiiiatioIi is needed. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and iii u(￿ryIng oui my examination I have tollowed all the applicable Dir¢ctions given by the Chartty Conllnission under section 145(5)(b) of the Act. Independent examiner's statement The Charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants. I have completed my examination. I confTh that no material rnatters have come to my attention in connection with the examination which gives me cause to believe that in any material respect: l.the accounting records were not kept in respect of the trust as required by section 130 of the 2. the accounts do not accord with those records. or 3. thc accounts do not comply with the applicable requirements concerning the form and content of accounts qet nut in the. C.h2ritieg (Aceounts and Reports) R¢gulation3 2008 othcr than any requirement that the accounts give a 'true and fatr, view which is not a matter considered iq part of an independent exatnknation. 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 b¢ reach¢d. H J Pinczewski & Co. 16 February 2025 Rieo House George Street Upper Floor Chartered Certified Accountants Prestwich, Manchester M25 9WS Page I Kahal Chassidim Lubavitch Manchester Balance sheet s at 30 April 2024 2024 2023 Notes Fixed assets: Tangible assets 1,091277 1.032,383 Current assets: Debtors Cash at bank and in hand 7,064 71,080 17,577 77.946 78,144 Liabilities: Creditors: amounts falling due Trvithin one year 95,523 (23215) (14,652) Net current assets 54,929 80,871 Tot21 net assets 1,146206 1.113.254 The funds ofthe charity: Restricted Income Funds ReTrraluation R¢s¢rve Unrestricted Funds 407,716 738,490 407,716 705,538 Total charity funds 1,146206 In approving thcse financial statements as trustees of the clwity we hereby confirni: 1.113,254 (a) that for the year stated above the charity was entitled to the excmption conferred by sectiou 144(2) of The Charities Act 2011: (b) that no notice has been deposited at th¢ Ch￿lty office requesting that an audit be conducted for th¢ year ended 30 April 2024 and (c) th2t we acknowled8e our responsibilities for." (l ) ensuring that the charity keeps accounting records which comply with section 130 of The Charities Act, (2) preparing financial statements which accord with the accounting records and comply with tlie requir¥tncn15 of The Charitics Act. The financial statements were approved by the trustees on 16 February 202.5 2nd signed on its behalf by Max Cohen Rabbi Anthony J The notes on pages 4 to 7 forni an integral part of these fillallcigl statements. Page 2 Kah91 Chassidim LubaTritch Mancbester Detailed st2teme.nt of finydncial aetiviti for the year ended 30 April 2024 2024 InGome Tesources Incoming resources from generated fund Voluntsry income unrestricted Donations and legacies received Charidy campaign SubscrÈptions Camp fees Hall hire fees Mikveh fees Use of faciliries Gift aid Deposit account intere8t 2023 192,089 3,627 17,547 188,540 34J23 4,738 18,803 3,756 182 245,609 5,706 13,763 168,490 28,982 8,179 9,590 67 Total voluntary income- unrestricted Voluntary income restricted funds Weddtng collections Needy families collections Camp and educational grants Grants rec¢ived Security grants Designated contributions Sefer Torah Bequcst Total voluntary funds-restricted 463 ,805 480,586 4JOO 2,450 14,508 23,860 4,178 2,500 4,S21 9,100 1,707 24,893 3,235 16,670 4,734 56J17 60.339 Total incoming and endowqncnts 520,122 540,925 Expenditure expended on Charitable activities Cliaritable activitics Wedding grants Grants to needy families Activity sponsorship Desigiiattd sponsorships Camp activities Coach hire and entrance fees Camp and educational grants Sefer Torah F'unding 4JOO 2,450 30,963 2,500 71,018 74,533 3594 4￿21 9,100 1,707 34,898 16,670 62,174 77,128 1,717 4,734 193,879 208,128 Expenditure on raising funds Cal¢Ting Books and periodicals Advertising 79,136 969 4,571 56,327 2,258 4,895 84,676 63,480 Tvliil 1¢50urc¢s cxp¢nded Net Incoming r¢sourc¢s (278.555) (271,608) 269,317 241,567 Page 3A Kahal Chassidim Lubayitch MaMLhester Detailed statement of financial activities for the year ended 30 April 2024 2024 2023 Net Incoming resources 241567 269,317 Expenditurc on Charitable a¥livities {208,615) 32,952 (173.248) 96,069 Net movemenl of funds for tbe year Governance costs for the year end¢d 30 April 2024 2024 2023 ETPell(lilur¢ vn Charltable activities Warres