Docu8vJn Envehjpe ID.. 89ADB058-7F81474F-9787-62C7EB&43904
Chwik Umlted
Company nwnber 07485527
Charity number 1142937
8t¢es
And
Finan¢ial Ststements
For the year ended
31 Deeember 2023

Docusb3n En¥61opg ID.. 69ADB05È-7F81474F47B7*2C7EB8A3
Cb#z8k Llmlled
cOnt￿ts
Pag¢
Legal and adminis¢rativ¢ infornwti
Trustee5
2fi6
Audiiorf) reE
7-10
Statement Of financial activities
Bhlance sheet
12
Cash flow
13
Notes to the fman¢ia] ststements

Docuspjn Envelope ID.. 8$AD￿s8-7F6l474F-&7B7￿2c7EB8A39O4
Chazak Llmlted
Legal and admlnlstrative Information
Directors l Trustees
M Abadi
Mrj Moradoff (Chairman
Mr N Hlckmet
Cpmpany Secretary
Rabbi M Levy
Key Management Personnel
Y David
Re8i5tered Offlce
64 Brent Street
London
NW4 2ES
Details of Incorporation
The company was incorporated on 7 January 2011 in England under company registration number
07485527, and was registered with the Charity Commission on 19 July 2011. govemed by its
memorandum and article5 of a550Ciation, charity number 1142937.
Auditors
Goldwlns Umlted
75 Maygrove Road
West Hampstead
London
NW6 2EG
Bankers
National Westminster Bank
PIC 5 Central Circu5
Hendon Central
London
NW4 3LE

D￿$￿Tr Envew ID.. 89ADB058-7F81474F-97B742C7EB8A3904
Chazak Llmlted
Trystees, Report Trustees. Report
The Trustees, who are also directors of the CharSty for the purposes of the Companies Art, submit
their report and the financial statements of Chazak Ltd (the Company) for the year ended 31
December 2023. The Trustee5 confirm that the annual report and financial statements of the
company comply with current statutory requirements, the requirement5 of the company's governlng
document and the provisions of the Statement of Recommended Practice ISORPI "Accounting and
Reporting by Charities" i55ued in 2015.
Legal and administrative information set out on page I forms part of this report.
Structure, Governance and Flnance
The company was incorporated on 7 January 2011 as a company limited by guarantee and reglstered
3s a charitable company on 19 july 2011. Its objectives are the advancement of education in Jewish
religion, cutture, history and heritsge.
The Trustees, who are also the directors for the purpose of company law, and who served during the
year were M Abadi. J Moradoff and N Hickmett. None of the trustees have any beneficial interest in
the company. The Trustee5 are the Members of the Company w￿h Ilmlted Ilabillty to contribute £1
each in the event of a winding up of the Company.
The management of the company is the responsibility of the Trustees who are elected and co-opted
under the terms of the Articles of Association. The number of trustee5 shall not be subject to any
maximum but shall not be less than two. The appointment and training of a new trustee is subject to
the oversight of current trustees.
There are no specific restrictions impjsed by the governing document concernlng the way the
Charity can operate.
Charl￿$ ObJertIv￿ and Actlvitle5
Chazak was established to empower todaVs younger generation of Jews to connect in a meaningful
way to their jewish heritage. The strengthening of their Jewish identity will help to develop the
Jewish community and its leadership for the future. The Charity has a particular focus on drawing
insplratlon from the rlch herltage and history of Sephardic Jewry. The Charity works alongside and in
conjunction wlth existing communitles and organisations in the field in order to further inspire
young British Jews of Sephardic descent with a pride and commitment to their culture. heritage and
continuity.
The Charity has built an ex￿lIent working relationship with a variety of Jewish schools in London,
providing classes on a daily and weekly basis, as well as educational events at Synagogue5, private
house5 and in social settings.

Do¢ul￿n Et)vehJpo ID.. 89AD805&7F81474F47B742C7E88A3904
Chazak Umlted
Trustees. Report {continuedl
Publlc Beneflt
The Trustees acknowledge the duty in Section 4 of the Charltles Act 2011 to have due regard to the
Charlty Commission's published general and relevant sub-sector guidance on public benefit. All
activities undertaken by Chazak are for the public benefit. With a focus on providing Jewish culture.
Sdentity* history and heritage, the organisation's operation is very much geared to providing benefit
to the jewish and wider community as is hlghlighted by the attivities reported hereln. By sharlng
with todavs generation of Jews an understan(ling of their roots and history. the Charity aims to
instill a sense of moral responsibility and leadership within society a5 a whole. This will also continue
to be central to its future plans.
A¢hlevement$ and Perfofm•n
Chazak has grown its full programmlng throughout 2023.
The Bels Hamidrash at the Post Office on Brent Street remains a significant learning centre for
students and Young Professionals. Chazak also continue5 to run 3 community centre at 64 Brent
Street. This Centre ha5 been used for a range of events, including programmes, classes and activities
for schools, students of bar and bar mitzvah age, sixth formers, university students and adult groups.
The main achlevements of the Charity in the year under review include..
Teaching weekly cla55e5 in Hasmonean Boys, and Girls, School, JFS. Immanuel College.
Providing classes and events in a variety of local Synagogues, including Spanish & Portuguese
(Lauderdale Rdl, Od Yosef Hai. Tiferet Eyal, Anshei Shalom, Porat Yosef, Heichal Leah. and Ohel
David.
Dellverlng classes to a varlety of audlences at private homes across London with a new Young
Professionals department delivering regular events.
Delivering the Chazak Ladie5 Academy with shirium and programmes on Mental Health, Torah and
Cooking
Growing the Chazak Bet Hamidrash on Brampton Grove, with daily prayer services, with classes for
participants either before or after prayer5.
Establishing The Warehouse- Mental health programming for young people a5 well as 5efl defence
classes.
Taking into account all of the events and classes provided, the Charity 15 impacting on the lives of
approximately 18.000 yOLtng and older people every year lapproximately 70,000 participations
annually) with many of those having daily contart with Chazak's inspirational programmes.

Docuwn Envelope ID.. 89ADB058-7F81474F-97B742C7E8SA39Q4
Chazak Limited
Trustees, Report Itontinuedl
Flnanclal Revlew
Chazak generated a deficit of £66,13912022- £78,840) during the year. It wa5 able to generate
significant inC￿3$e in donations and gifts, £1,315,91212022.. £1,223,241) in anticipation of the
expansion of programme5 in 2023. The ￿ntre in Los Angeles and New York continued to grow,
based on income raised in USA. With the level of reseNes brought fonvard at l January 2023 the
Trustees have confidence to Continue invest in a range of programmes to benefit the community
during 2024.
Chazak is supported by a broad spectrum of donors from across the community, ranging from
grassroots student-level program participants and alumni to a number of philanthropists who
partner with o¥Jr charity and help encourage our activitie5.
Most fundraising is done through direct relationships with our partners and through effertive
communication of the Importan￿ of our work to the wider audience of our supporters.
All Chazak expenditure is focused on creating the wide range of successful high quality educational
courses and popular. impactful activities that deliver our stated charitable objective5.
Fundraising
Chazak is committed to the highest standard5 in fundraising. At all times it aims to ensure that its
processes and staff are respectful. open, honest and accountable to our supporters and the publlc.
Chazak is a medium sized charity that principally rai5e5 funds from individuals, family trusts and
foundations, and companies who have a connectlon with and support the work of the Charlty. Its
approach is Eenerally on a personal level, but the Charity also raises funds through community
events and activitie5.
Fundraising approaches made by Chazak are personal 3nd targeted, focussed on those individuals
and institutions who have expressed interest in its work. Chazak doe5 not engage in large scale
fundraising artivities like mass mailings, unsolicited telephone fundraising or door-to-door
campaigns.
Chazak has a small fundraising team. The Chief Executive is responsible for the day to day
management of fundraising activities. The Trustees provide oversight of fundraising strategy and
delivery. The Fundraising Team receive regular training and guidance and aim to adhere to methods
of best practlse Intludlng the Fundraislng Regulatorfs Code of Fundralslng Practice.
Under no circumstances does Chazak share personal information of its supporters for the purposes
of third party marketing or processin8.
There have been no complaints about fundraising actmties reported in the year to 31 De￿rnber
2023, or subsequently.

DOcus￿n Envdop• ID.. 69ADB058-7F81474F.978742C7EB&43904
Chazak Llmlted
Trustees, Report Icontinuedl
Chazak has not used third party organisations for its fundraising activities during 2023.
Key Rlsks and Uncertalntles
The Trustees have assessed the major risk5 to which the Charity is exposed, and are satisfRd that
systems are in place to mitigate exposure to the major risks. A reduction in donor base could cause
cash flow issues; any delayed receipt of pledged donations income could also potentially cause cash
flow issues. The major risks facing the Charity are reviewed regularly at management meetings.
Regular reviews of cash flow projections and budget forecasts are also undertaken. as well as a
continual drive to manage expenditure.
Plans forthe Future
The Trustee5 plan to continue with the current programrnes including expanding our Centre5 of
LearninEi building up our Young Professionals network as well as developing further relationships
with schoo15 afbd synagogues.
Having opened an intemational branch in Los Angeles and New York. Chazak have started
international events bringing toBether the three branches and bullding a global image.
Reserves Policy
Chazak needs free rese￿e5 to enable it to fulfil its charitsble obligations and commitments that it
enters into. The Charity also requires reseNes to ensure continuance of these obligations in the
eventLtality of any unexpected revenue shortfall. At 31 December 2023 free rese￿e5 were £278,994
12022- £320.4011. The Trustees aim for the Charty to hold free reserves equal to not less than 3
months of normal running costs. approximately £300,000.
The Trustees are sat15fied that the level of Free Reserves is adequate to deliver adjusted
programmes and resources. The Board will continue to review the Charit￿5 reserves and its policv
annually* more frequently if circumstances dictate.

Docuswn Envelope ID.. 89AD805&7F81474F.97B742C7EB8A3904
Chazak Llmlted
Trustees, Report {continuedl
Tru5tees' Responsibilities in Relation to the Accounts
The Trurtee5 a￿ responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial 5tatement5 for each financial year. Under
that law the Trustees have elected to prepare the financial statement5 in accordance with United
Kingdom Generally Accepted Accounting Prattice (United Kingdom Standards and applicable lawl.
Under company law the Trustees must not approve the financial statements unless they are sat15fied
that they give a true and fair view of the state of affairs of the company and of the profit or loss of
the company for that period. In preparing these financial statements. the Trustees are required to..
a. select suitable accounting policies and then apply them consistently,.
make judgements and estlmates that are reasonable and prudent;
c. follow applicable UK accounting standards and the Statement of Recommended Practice, subject
to any departures disclosed and explained in the accounts-
d. prepare the accounts on the going concern basis unless it is inapproprlate to presume that the
Charity will continue in operatlon.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the companvs transactions and disclose with reasonable accurary at any time the
flnanclal position of the company and enable them to ensure that the financial ststements comply
with the Companies Act 2006. They are also responsible for safeguarding the asset5 of the company
and hen￿ for taking reasonable Steps for the prevention and detection of fraud and other
irregularitie5.
This report has been prepared in accordance with the provisions applicable to companie5 subject to
the small companie5, regime and was approved by the Trustee5 on 12 July 2024 and signed on their
behalf by..
J Moradoff
Trustse
A8715FF48ÈEE489

DwJ$vJn Enwknpa ID.. 89ADBO58-7F81474F-978742C7EB8A3904
Ind•p•nd•nt Audltorf• R•port
To th• mornborn of Chazak Llmltod
Oplnlon
We have audited the financial statem8nts of Chazok Llmlt8d for tho y80r end8d 31 D8cemb&r 2023
which comprise the Slalement of Financial Activities, the Balance Sheet, ststemenl of cash flows and
the related note5. The financial reporbng framework that has beon applied Sn theSr prep8raUon Is
applicabl8 law and United Kingdom Accountlng Stsndards, includSng Flnanclal Reportlng Stsndard 102..
The Financial Reporting Stsndard applicable in the UK and Republlc of Ireland Iunlted Klngdom
Generally Accepted Accounting Practul.
Oplnlon on rmn¢1￿ •t•t•m•nl•
In our oplnlon the flnanclal ststem8nts:
give a Irue and falr view of the state of the charltable company's 8ff8lrs as al 31 December
2023 and of ils income and expgndlture for the year then ended..
have been propedy prepared in aC￿rdance with United Kingdom Generalty Accepted
Accounllng PractKe; arKI
have been prep8reil in accordance with the requirements of the Companles Act 2006.
BMI• for oplnlon
We conduded our audit in accordance with Intemauonal Standards on Aud￿ng IUKI IISAS IUKII and
applicable law. Our responsibilities under Ihose st8ndards are further described in the Audil0rf5
responsibilities for the 8udS1 of the financial ststements section of our report. We are independent of the
Chartty in accordance with the ethical requirements that are relevant lo our audit of the financial
81atements Sn the UK, including the FRC'S Ethical Standard and we have fvlfilled our other ethical
responsibilities in accordance wrth these requirements. We bglieve that the audit evidence we have
obtained is sufficient and appropriate lo prov*Je a basis for our opinion.
Conch*lon• rnlallnB to golng ¢on¢•m
In audillng the financial statements. we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed. we have not identrfied any material uncertainties relating to
events or conditions that, individually or coll8Ctivèly. may cast signrfi¢ant doubt on the ¢harity'$ ability to
continue as a going concern for a period of al ￿ast monlhs from when the ftnancial statements
aro authorised for issu8.
Our responsibilities and the responslbllttSes of the dlreclors whh respect to golng concam are tjescrlbed
in the rekgV8nt S9elions of this report.
The trustees are resporksible for Ihe other informolion. Thg oth8r Infonnallon comprlses the Infomatlon
included in the annual r8POrt other than the financial statem8nls and our 8uditor's report thereon. Our
opinion on the financial statements does not cover the other information anil, except to the extent
otherwise explicitty staled in our report, we do not express any form of assur8nce conclusion thereon.

Do¢JJs&n Env•lop• ID.. 89ADB05B-7F81474F-97B742C7EB8A3904
Independont Audltorf8 R•port
To th• m•mb•rn ol Chazak Llmlt•d
In connectSon wlth ouraudil of the financial slatemènls. our responsibi14ty is lo read the other information
and. in doing so. consider whether the other information is malerialty inconsistent with the financial
ststements or our knowledge obtained in the audit or otherwise appears lo be malerialty misstated. If
we identify such material inconsistencies or apparent material misststements, we are required to
detemiine whether there is a material misstat8m8nt in the financi81 statements or 8 Mate￿81
misslalement of the other information. If. based on the work we have perfomied, we conclude that there
is a material misststement of this other infomialion, we are requlre(I lo report that fact.
We h8ve nothlng to report In Ihls regard.
Oplnlon on oth•r matt•r prn•erlb•d by th• Compnlm A¢t 2006
In our opinion. based on the Work undertaken in the course of th8 audit:
the information given in the trustees. report lincorporatlng the dlrectors. report) for the flnanclal
year for which the financial statements are pr8pared Is conslslent wllh the financlal ststemenls.,
and
the trusteès, report lincorporaling the directors, report) have been prepared in accordance with
appllcable lègal requiremènts.
MAtt•rn on whleh w• r•4ulrnd to roport by •xwtlon
In the light of the knowledge and und8rslandlng of the Charity and Its environment obtained in thè
course of the audit, we have not identtfied material misstatements in the Trustees, Annual Report.
We have nothlng to report in respect of Ihe following matters where the Companies Ad 2006 requires
us to report lo you if. in our opinKJn'.
adequate accounting records have not been kepl or returns adequate for our audit have not
been recelved from branchgs not vlslled by us: or
the financlal ststements are not In agreement ￿th the accounting records and retums: or
certain disclosures of trustees, remuneration specif*d by law are not made- or
we have not received all the informatKJn and explanations we require for our audll.
RwMthllltl•• ofth• tru•t•
As explained more fully in the Trustees, Responsibilities Statement, the trustees (who are also the
dlrectors of the charitsble company for the purposes of company lawl are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view and for
such internal control as they determine 1$ necessary to enable the preparation of fin8ncial ststements
that are free from matèrial misstat8m8nt, whether due to fraud or error.

DOcu6￿aTh Envolopa ID." 89AD8O￿7F8l474F.g787￿2C7EB8A3gO4
Ind•pond•nt Audltorf• R•port
To thg m•mbgrn of Chazak Umlt•d
In prgparing the financial stslemenls, the tnjslees are responslble for assessing the Charl￿S abilty to
conllnue as a golng concern, dlscloslng, as applScable, matters re18ted lo going concem and using the
going ¢on¢em basls of accountlng unless the trustees ellher intend to Ilquidate the Charlty or to cease
operatK)ns, or have no re81istK allematbve but to do so.
Our rn•pon•lbllltlM for th• •udll ofth• fln•n¢l•l •tat•m•nts
Our objectives are lo obtain reasonable assurance about whether the flnanclal ststements as a whole
are free from materfal misslalemenl, whether due to fraud or error. and to issue an audilorfs report that
Includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an
audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are consid8r8d material rf. individually or in the
aggregate, they could reasonably b8 expected to influence the economic deck8ions of users taken on
the basis of these financial statements.
Irregularities, Sncluding fraud, are instsnces of non-compllance whh laws and regulatlons. We deslgn
proc8durès in line wf(h our responsibilities, outlined above, to delecl material ml8Stalements In respect
of irregularities, including fraud. The extent to which our procedures are capable of (letecbng
irregularities, including fraud are Set out below.
In Idenllfylng and assesslng rf8k8 of malerlal misstatement in respoct of irregularities. including fraud
and non-compliance with laws and regulations. our procedures included the following..
We enquired of managèment, which included obtaining and r8vi8wlng supportlng
documentation, conceming the chority's policies and procedures Telating to=
Detecting, gvaluating, and complying wth18ws and regulatlons and whether they were
aware of any inslancgs of non-compliance.,
Detecting of the risks of fraud and responding whether they have knowledge of any
actual or suspe¢led fraud-
The internal controls in place to miligale risks related to fraud or non-complian￿ with
laws and regulations.
We obtained an understanding of the legal and regulatory framework that the charfty operates
in, focusing on those laws and regulations that had a material effect on thg financlal statements
or that had a fundamento18ffect on Ihe operations of the charity from our professlon81 antl
sector expedence.
We performed analytical procedures to detect any unusual or unexpected relat￿nShIpS that
may Indlc8te risks of malerlal misststement due lo fraud.
Because of the inherent limitations of an audit. there 15 a risk that we will not delect all irregularities.
including those leading lo a matsrial misstatement in the financial statements or nonvcomplKance with
regulation. The risk is aL80 greater regarding irregularities occurring due to fraud rather than error. as
fraud involves Intentional concealment. forgery. collusion. omission or misrepresentation.
A further description of our responsibilities for the audit of the financial stslemenls is located on the
Financial Reporting Council's websit8 at.. www.frc.org.uklauditorsr8sponsibiliti8s. This description fonns
part of our auditr)rfs report.

Oo¢u$vJn Envelope ID". 89ADB058-7F81474F-978742C7EB8A3904
Ind•p•nd•nt Audltorf• Roport
To tho m•mb•rn of Ch￿k Umitod
lh• ol our r•port
Thls report Is made solely to the charitable company's membets. as a body, in accc*d8ncè wllh Chapter
3 of Part 16 of the Companies Act 2006. Our audit work has been un¢Jertaken 50 that we might stste to
the charity's members those matters we are required to slate to them in an auditor's report and for no
other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to
anyone other than the charrty and the Gharity's members as a body. for our audit work. for this report. or
for the opinions w8 have form8d.
for and on b•h•lf ol
Goldwln* Llmlt•d
8tatuiory Audltor
Ch4rt•r•d Acmuntants
75 PAaygrov• Ro•d
W••t H•m*ad
London 2EG
16 July 2024
10

Doc￿gn Envelope ID.. 89ADBO58-7F81474F-97B7-62C7EB8A39
Chazak Llmlt•d
stat•m•nt of fln•nd•l •thlll••
(incorporating an income and expenditure account)
For th• y•ar •nd•d 31 D•c•mb•r 2023
20rJ
2022
Totsl
nds
nd•
fund•
nd•
Donations and legac￿$
1,315,912
1,225,848
Charitable athlll8S'.
start grant incorng
22,225
Invè8tm8nt 1￿me
Oiher ￿n￿m6
19.704
111,214
11.704
14
5.850
37,563
1291486
Raising funds..
Costs of Fundraisiry Campaign
20,112
10,112
5,943
Charitable actiVI￿e$..
Jewsh educauon
1,492,857
Totsl •X￿ndI￿￿b
1.512.969
166,139
178,8401
Net gains I Ilossesl on investrnents
186,1391
178,8401
Transfers be￿een funds
Il•¢mov•mthrtln fvndl
166,1391
166.13•)
178.840)
R•concMlallon of fund•:
Total fvnds brought fomard
435 769
514 609
435.769
l of thè abovt rtrsuhs aré dtsrN*J from ¢x)ntinuing acti¥ibtss.
Th8 attached rK*tesfom part of these financial statements.

DouFSvJn En¥ely ID.. 69DFA34F448E4ElF-￿D2-B91lDBlBE36c
Ch•z•k Lknlt•d
Balanc• 8h••t
A8 at 31 D•¢wnb•r 2023
x+23
2022
2022
Tangib$8 assèts
11
115,368
115.368
Debtors
Cash at bAnk and In hand
12
307318
351.074
58.779
409,853
U•bllMhB".
Creditors.. amounts f811ing dus h￿thin onè ygar
89,452
320,401
419.8311
435,769
Credltors: amounts falling due after more than one year
14
435,769
Fund¥
Unrestricted l￿d8'.
Fund aecountiThJ
Tot81 unrestrictsd fvnds
16
435,769
435.769
Totsl fvnd•
435,769
Tha financial statom8nts hava ￿￿n propgrod In 8ecordanca wth the S￿e181 provisions for small eompanl•s under Part15
of the Companies Act 2006.
Approved by the trustees on
and signed on their behalf by-
¥IlL4F￿(￿F4
J IAorndoff
12 July 2024
12

Docustqn E￿lOpp ID.. 69AD805&7F81474F.97B742C7EB8A3904
Chazak Llmltsd
stat•mgnt of ca•h flow•
For tho y￿r endgd 31 Doc•mb•r 2023
2023
2022
2022
Ca•h llrydrn from op•rntlng a¢tlvlUM:
Net ¢ash provided by I (used inl opernting adviligs
17
411
1291.3111
Purchase of property. plant and equipment
Increase in funds from credit card loans
(2.133)
{14,420)
Ca•h wovld•d ty l (u••d In) Inv••tkng *OtMtI
12,133)
114,4201
• In ca•h and ¢•Jh •qulv•l•nts In th• y•Ar
1305,731)
Cash and cash 9gUIV8lents at the boginnlng of the year
Change in cash and cash equivalents due lo exchange
rate movements
364.510
Ca•h and eA•h •quh•l•nt• atth• •nd of th• y••r
47.197
58,779
13

Docusljn Envdop• ID.. 89ADBO5&7F81474F-97B742C7EB&43904
Ch•zak Umlt•d
Forth• yMr•nd•d 31 D•c•mb•r 2023
1 A¢counllTrg polkl
i) BA•IB of pr•pmlon
The finon(ial 5tatemenls have tr*en prepared ln accordance AccounJng and R8Fothg by Chaiitse5.' Statement of
Recommended Practice applicable to ctharibes preparing their accounts in accJJrdance wth Ihe Flnan¢lal Rekx*klng Standard
￿p￿1¢able irs the UK and Republic ol Ireland IFRS 102 - effective 1 January 20151- ICharitse5 SORP FRS 1021 and th8
CDrnpanle5 Act2QO6.
The charita￿e wmpany Meets lefinttbon of a publlc benelt enlty under FRS 102. Asset8 and liabil￿85 are inbtvalty
recogni$ed at hls¢DAfal fXJSt ortrans8ction Yalu8 unless 0lh8rwse ststed in the rdevant accounting wlicy or note.
bl ¢Jolnq ¢on¢•rn
The truslee5 consder that Iherv are nts materfal un¢*rtainbès about the tharIlab￿ fxJmp8nl8 abllty to ojnb.nue as a gJir¥J
concwn. The Irusle88 do not conslder that Ihare ar8 any 8ourc85 01 estimation uncertainty gt the rewb'ffj date Ihat have a
51gnlficant risk of causlng a rnaterf8l8dju¥t￿*nt to the carying aryK*un15 of assets and liabilitie5 witlwn the next ￿pOr￿ng perw.
¢1 kn¢om•
Donalon8 are accounted for when the Charity bemmes entiled to the donatlon and any co[￿l￿on5 rfjcwpt we Trwt.
Donalons fvom 8¢hool patr1ners repr888nt volunlary cont￿b￿￿.0n5 towards th8 rur+m￿ cost5 of the Charlty recefved from
8choc48 8t I￿1¢h the Charity pro￿deS events and dasses. Other incorne irKludes rental income eamed from reTr¥rYd ovt
res￿ential accommcrfjation wlhin its building.
dl Fund atcounllng
Unrestricted fund5 are 8v8lat4e to spend OTh activth'es that further any dthe purposes of charlty. Deslgnated funds are
unr8Stiicted funds of the charity whith the trustees hHve de¢idel at thdrdls¢retion ¢0 Set adde to Ltsa for a sp8afic purpose.
R*5tricted furK15 are donafjons the donor has $p&tffied are to bè solely used for parbcuLqr area8 of th8 th8rity'¥ work or
for s￿rJriC project8 b81ng undertak8n by￿ thartty.
•) Exp•ndtsr• Irr•¢ov•rnbl• VAT
Cost offvndraisin9 acti¥At*s are those ccets In0J￿ed In attradng voluntary IrKorn8.
Charilable Include ex￿ndIt￿re assoclated the dellvery of It8 ac￿￿.8$ and i￿ude boih Ihe dirECt Costs ar
support costs relating to th888 acbwties.
SupFKrttDSt$ havè alk)tAted to the expendthjre cat6prf8s based on th8 manag8Thnfs estimate ofthe proporbcn oftime
and resources consumed by aach of Ihe key activiti85 of the Charity.
fj Thn•lbl• Ilx•d a•••ts
Depreciation ¢5 provi¢Jed at ratos ￿l&ll￿ted lo vthte down Ihè rml of eech assgl to rt8 881matsd r88idual valu8 over f
expecw use￿1 Ilfe. The d8precl*lon rat88 in use a5 foll0w5'.
lrnprovements to le#sehokJ prope
Flxtures and fithngs
Motor vehide5
10% stralght lthe on
10% straight line on
. 25% $trawJht line on
At11￿￿n$ to tanglble fixed a$sets of less th￿ £1,000 8re treated as an 8xpen88.
•) D•btw•
Trade and other tlebtors are recognised at the setUetY*nt amount due after any trade di8￿Unt offered. Prepayments are valued
atthe amount prepald Thel of any tr8d8 discounts due.
h) fA•h at bAnk and In hand
rAsh at bank and tssh in hand Includes cash and short tem) hlghty I￿U￿* Imiestments 8 Short malurity of Ihree or
18S8 from th8 dale of acquisition or op8niThJ of the deposit or S￿lIar acoJunt.
14

0ocu$vJt) Env8lop8 ID.. 89ADB05&7F81474F.97B742¢7ÉB6A3901
Ch•z•k Llmli•d
Nots• to th• fln•ncl•l 8tat•m•nts
Forth• y••r •nd•d 31 D•c•mb•r 2023
l A¢¢ounthi polcl•• l¢onllnu•d)
11 Cr•dltorn •nd provlllon
credito￿ and Prows￿￿8 are r8cogni88d wher8 the eharity has a presenl obligation resulting frorn a past eventthat will prob8bly
in the transfer of funds to 4 thlTd paty and the am¢unt ¢Jue to setve the oblkJ8l¢n ean be measurtd or estimèted rel18￿y.
¢r8dftors and provislons are nomwlly rwnlsèd at thelr &éWemènt amount after811th￿n9 forany trade dlscounts due.
11 Oo¥•rnm•nt ljrants
Grants are 8(*ount8d for uThJer the Ferfomiance mcd81 as perniitted bythe Charty SORP. Coronaviru8 Job Retendon Sch8m8
grant Incorrva Is iherefrts re￿gniSed on a straight Ilne basls over the fU￿￿9h ￿rfod for each relevanl ertploy8e. Income from
KKk Startjob crealion 5chewts K5 recogni58d as grants are recewed.
kl FInan￿•1 In•tNn*nts
The Charlty holds onlyllnanclal a$$ets and flne￿al lIaNI￿e$ of a klnd that quallfy 8$ b)sl¢ finondol IlBtru￿nt$. Ba$1¢
final￿[al Instruments Indud8 d8btors and cr8dltors. Debtors and credltor8 are Inltlalty recognLsed 8ttrans8cUon value and
8ub5equently measured atfairvalue.
l} K•y Judg•m•nl¥ •nrt E•thiats•
In th8 aP￿icat.0n of the chart￿8 accounUrvJ polIc￿8, the trustees are requlrad to rnaka ludg8ments, eslmates and
è$5urytion5 abcutthe c4rying value5 of as5el¥ and liabilitie5 thot are not readily apparent trom other 50urce5. The estlmales
ntj undtrrfylng assumptions are bBseil on htstori¢AI experience orn1 olher factors that are ¢on$ldered to be ￿leY00t. A¢tual
r88uIt8 May drf¢8rfrom these eslma188.
The e5OmBte5 and undertying 855urybon$ are rev￿￿ on an on*Thng basis. Reviskjns to accountng estknate$ ère
recegnised in Ihe ￿riod in whith Ihe estimate 15 reW￿d ifthe revision 8ffects onty that wriod or in the per*)d of tho revi￿On
¢J future ptsriods aired5 the ojrffjnl arKI futu￿ pptiod5.
Th8 trust888 cOn￿derthat th8re 8r8 no matarf8lludg8ment8 in app￿￿ accounung or key sourc88 of estimalion
unc8rt8inty.
Havity revIe￿I the finandal positkjn the trustoes ¢on6kJerthat tlwe a￿ no matsrkl u*)¢ertaIn￿es about Ihe Gharfty$ abllty
to conts.nue a8 a gcing conc8m and have f8ason8bl8 expectations th8t th8 Chartty h88 adequate resources to coThtinue its
thanged activities for thelore8eeable future. Accordiwly they continue to adoptthe going coneem basis of acwunting in
prep￿n0 the annual Imnoal Ststements.
15

Docu$*n EThveS)p8 ID.. 89ADB058-7F81474F-978742¢7EB&43904
CIAz•k Umltsd
Mots• toth• fln•n¢lal •t•t•m•nts
For th• y••r 31 D•c•rnbv2fj23
1.22S.B48
1325.848
chat1￿b￿a￿ibPs'.
c& Start Wt1ntt￿e
22.225
22.225
Invesbrthtincorne
OtherinEome
5.850
37.563
Rai5iry funds
5,943
5,94J
Ch&rfisbk acbwi1￿.
Jwhi5h edueaknn
Totsl•xp•nthiw•
1.364.983
1.370.326
1.W.383
178,0401
ITO.8401
Nel9alrps I Ik)sses1 on knvegtrnent6
178.B401
8.wl
T￿GfeTr betr10￿ funds
178,84DI
178,8401
TotBI fU[￿S broughlforvrdrd
Tothlfund• WTl•dfomr
514.609
435.769
514.609
435.769
2022
Totsl
akns and legBc*s
1 315,912
1,315,912
1.225,848
1.225.848
1.22S.848
Tthl
Re9trkted
Tat•l Unr951rfcted
ResML*ed
ToLryl
k Start￿ant kn¢fjr(*
T4111
22,225
2022
Totsl
unr0sbfj(a￿ Re8tykt8d
T•tsl Unrethrled Rthlr4Èd
Interesl recewed
Renlalin¢om&
Talll
40T
19.297
19.704
5.850
5,&50
2023
Toi*l
2022
Total
Reskncled
Other Income
37.5fj3
14 37.563
37.563
37.563
16

En¥elw ID." 89ADB058.7F81474F.97B742C7EBW904
Chazak Llmll•d
Not•• to th• flmndal •tat•m•nts
For th• y•v •nd•d 31 D•c•mb•r 2023
7 01•xp•nd￿rn
Cost of raising
fvnds
Charilab18
act4v4Ues
Basis of
allocatkjn
J¢wi8h
edtsL*tion
Gen•r81
Support costs
2021Tot•l
21Y22 Total
Costs of Fundralsing Campaign
Siaff cg¥ts
Programme & trip 8xpenditure
Outsource staffing
General office
Audtt feè
DI￿t
Direct
Dir8Ct
Dlrect
Direct
Diraet
20.112
2i112
m.1M
5,943
378,961
392,185
74.791
513,406
5.040
376,134
420,499
125,921
125,921
•oJ
564,903
5.400
20.112
922.554
570.303
1AI1•8•
1,370.326
Support ￿lts
570.303
1570.303
TolAI •Xp•ndI￿r• 202¥
Xl.112
1h92067
1W2,98•
Total expanditurè 2022
5,943
1,364.383
1,370,326
¢Ythe total gxpendilurg. £1,512,969 was unrestricted12022'. £1.370,3261.
7a AMly•l• •l•xp•ndlkn (prfor>•w)
Cost of raising
fuThls
Charftable
activttie5
Basis of
allO￿n
Je￿$h
educatiG
General
Support
2022 Tatsl
2021 Total
Costs of Fundr8b8in9 CampavJn Dwect
Staff costs
Dtroet
ProgranNme & lrip expendrture
Direct
Outsourc8 5tsffing
Direct
General office
Direct
Audit fee
Dir8cI
5,943
5,943
420.872
182,708
62.078
206,987
1,679
378.961
392.185
74,791
371J01
74791
513,406
5,040
5.943
845,937
518.446
1.370,321
880.267
518,446
518,446
Totsl •Apw￿￿fv 2022
4•43 1x313
Totsl &￿nd￿ra 2021
5,943
874,324
880,267
OFthe lotsl eyndilur*, £1.370,326 was unrgstrided12021'. £905,921).
17

DocuskJn Envolw ID.. 89ADBOS8.7F81474F.97B742C7EBW9Q4
Not•• ta th• fln•n¢l•l •t•t•m•nts
Forth• yw •nd•d 31 D•¢•mb•r 2023
N•t IwAn*l{•xp•Trdlthr•l forth•y••r
Thts 1$ statod after chargiThJ I Icredits"ngl=
2022
Operating lease rental5'.
Propety
DeprecK8￿"0n
Auditorfs rernun8ration'.
Audit fees
1¥644
111,125
26,825
4,$00
Staff costs w6re as fdjgws".
2023
2022
s8￿rieS and w8ges
Social sÈcurity tosts
Ern￿oYer s p8n5K
348.n1
354.509
19,275
5.177
378.%1
0.373
total remuneration of the key manag8m8nl person￿1 £69,17912022.' £43,4941. No erYylO￿ re¢8iv0d salari85 at u rqt8
of rmra than £60.fAIO oer annum.
The charfty trustsas wer6 not paid or r8ceiv8d any olhèr bènefits from employmgnt with the Cornpany in the y8ar12022..
Nlll. NeItherWe￿ Ih&y roimbursod &xpens¢s duriThJ the year12022.. Nill. No charity trusts8 faC8iv8d payff*nl for
Professiona￿ orother servK8s suppl*d le the ch8rity12022.. Nill.
Th8 average nurthr of employe¢$ ￿Unt ba$ed on number o15taff employed) during Ihe yearw85 Ss fo11r￿..
No.
10
Edur2tion
Support
13
15
10 T•xallon
The charitable company is exempt fmm Corporat￿ lax as all its inwm8 1$ charitable and appliod for ¢han¢oN¢ purposes.
18

Docus4n Envekw ID.. 89ADB058-7F81474F-97B742C7EB8A3904
Ch12ak Lknll•d
For th• ymr •ndod 31 D•c•mb•r 2023
11 T•nylbl•llx•d
L8888hoTd Flxtures 8ThJ
Improvement
fittings
MotcrVehicKg
TolAI
At the start of Ihe ytsar
Additions in y88r
Disposals in year
At Iho end of the year
230,406 44.583
2,133
28OM19
2,133
At the start of lh8 year
Charge for thè year
Eliminated on dK%po8al
At the end of tho year
139,407
23.041
25,026
3.274
1.238
191,9EI
Il•t bookTMIu•
Atth• •nd oftt* y••r
67.958
18,41fj
4.262
At thg start of Ihe yaar
100120
22,297
AA of the above assets are us6d for tharltsbb purpwo8.
12 D•btor¥
2022
Trade debtors
other debtors
6,5￿j
3M.484
351.074
3073•6
13 Cr•dllorn: amounts falllng du• ¥Athln y
2022
Trad8 credittys
Bank Credit card8
Olher credftor8
TaxatKin social security
Accruals and d8feThed inco
73.959
7,393
650
4.650
2.800
89,452
11801
1.740
14 Crndmom: dyo aft•rmorn11Mn ¢)M y••r
2022
Lo8n
60.000
19

Docu5van Envtltspe ID.. 89ADB05&7F81474F-97B742C7EB8A3904
Ch￿ak Umlt•d
Nol•• to th• flnanclal •tat•m•nl•
Forth• y•ar •nd•d 31 D•c•mb•r 2023
General
unrestricted 08slgnatsd
Re8trict8tt Totsl
T8nglt4e a8$0ts
Net ¢yJrrenl assets
Non ojrrent liabilits"e5
N•taM•ts Atth••Thd y••r
90,636
328,994
50.OtM)
369.630
AMty•* ofMt••••ts b•iThTrlunth Ipthry••r)
G8ner81
unrastricted Desvati#t¢d
Rostsi¢tsd Total fvnd•
Tangible fixed assets
Net current as8ets
N•ts•••l• •lth• •nd olth•yMr
115,368
320.401
435 769
115A68
320
Atth• ¥tsrt rnBourco• & ro•ourc
ofth• y••r
Attr* •nd ol
tho y•Ar
General funds
4317￿ 1A4V30 {1MII98•)
l•• Mov•rn•Thl• In Iwkry••rl
Incoming
Outgoing
At tho Start of t0$0urc95 & r950ufGe5 &
the year
gain¥
lossos
At the eTrJ of
the y68r
TraTrsfer8
General funds
514.609
1,291,488 11,370,328)
435,789
1 291 486
1 370 326
20

DOC￿$￿3￿ Enveky¢ ID.. 89ADBO58-7F81474F-97B742C7EB8A3904
Forth• y•*r •nd•d 31 D•¢•mb•r 2023
17 ft•¢onclllAtlon of n•1 In¢•n*l{•xpmthr•l to n•¢wh Ilowfr•m op•ra* *ctl¥ll
2022
N•t{•xpMdlbJr•y In¢¢m• forth• Mporllffj wlod
14• p•rth• 8f&t•m•nt offrf*ndAI xtrlll¥)
D8preCll8￿on
IlrKxeasey decrease in deblu¥
Inr¥ea881 Id8creasel in tr8dllors
N•tcaBh pY•¥ld•d tyl Iw•d Inl wr4th1o a¢ttwld
178.8401
26,625
1292.1641
t4963
•M4•
291,311
11 Ar*fy•h •nd M*h •quI￿￿ts
At31
At 1 Januwy
2023 CB5h flow8 Other chang88
Cesh al bank and in hand
58.779
111,5821
47.1
Totsl c4•h and G•Bh •qulv•l•J
Totsl futurg minirwmlgase payments under n0n-cancella￿e operating leases a￿ as fdl¢M'.
Lgss than 1 ye
1-5y8ars
52,5
The tharity company limited by guw8rrt88 and ha5 no shar8 C8Prtal.
In January 2022 th& tharity rna￿ an advanc8 of£285,000 to Rabbi Mosho L￿, lo ensure hls tonunued ÈmployrY*nt the
charty by facilrtating 8 house purchase. The duration of lh& loan 1$ 11 years with interest rdle Set at 0.1%. The ban ￿tstanding
ot 3100¢0mbgr 2023 wa5 £228.4UJ.
21 Cmtrol
Up to 31 December 2021, Tha Cempany was a 100% subskliary of j￿8h Futurè& Trust Limittid, a limited ￿abilIty company.
r8glster8d numbèr D7884678 and 8 rBgistèr6d thari¢y number 1151066 Jewsh Futures Trust 15 involved in puNic education
and ¢uttural a¢livities. From 1 January 2022 th¢ churity becom8 independent and th8 mernb8r8 wll conlribute £1 oach on 8ny
eV8nutal winding up.
21