Charlty Number 1143411
LONDON RABBINICAL
FINANCIAL STATEMENTS
31 AUGUST 2022

LONDON RABBINICAL
FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2022
CONTENTS
PAGE
Tnjstees and professional adwsers
Trustees Annual Report
ststement of Trustees responsibilities
24
Statement of financial actNities
Balance sheet
Notes to the financial statements
74

LONDON RABBINICAL
TRUSTEES AND PROFESSIONAL ADVISERS
Registered charfty name
London RabbiniLxI
Charlty number
1143411
Prlncipal office
207 Hale Lane
Edgvrare
Middlesex HA8 9QH
Trustees
Mr S Chontow
Mr D A c￿l¢k
Indèpendent examlner
JS & CO Accountsnts Ltd
26 The￿On Road
London
E5 9NA
Bankorn
Natwest
Temple Fortune branch
1175 Finchley Road
London NW11 OBE

LONDON RABBINICAL
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 AUGUST 2022
The trusiees have pleasure in presenting their repM and the utwidited financial Statements of the
charity for the year ctsded 31 Augiist 2022.
REFERENCE AND ADMINISTRATIVE DETAIIS
R¢ference and administralive details are shown in the schedule of tr￿st￿ and prof￿1Onal adviser5 1
page l of the financia] statements.
TWE TRUSTEES
The tTusiees who served the company during the period were as follows:
Mr S Chontow
Mr D A Conick
Thc day to day affairs are Undertak￿ by Mr Kleiman (m i￿alf of the trustees.
All major decisions are taken collectiv¢ly by the I￿￿t￿s.
Thc trusiccs are unpaid and details of any related party transactions are disclosed as applicable in the
notes to the a￿o￿llts.
STRUCTURE GOVERNANCE AND MANAGEMENT
The charity 15 an unincorporaied cbarity registered with th¢ Charity Commission (Registrdtion
No. I146411).The charity is govun¢d by its Tn￿1 Deed dated 4th August 2011.
Recruitment and app)tntment of new In￿le¢S would be in line with thc Trust Deed and with the
CODsenl of the tnJste¢s. The criteria set for the suitable candidate would be SOM￿)ne who is 5ensAtive
to the nee(ts and demanth of the organisatio
London Rabbinical is a charity vknose obj¢rtiv¢ is th¢ advanc¢mfflt of the orth(Mlox Jewish faith. The
trustecs confiTm that they have referred to the Charity Commi&sion's 8¢n¢rai guidance on public
benefit when reviewing their aims and objectiv&% planning future activitiffj and s¢tting their grant
making policies for the year.
ACHIEVEME￿5 AND PERFORMANCE
In line with its objeccives. London Rabbinical provithd support in the fonn of granty for students
engaged in Jewish Talmudical swdics and have now also rented a building where they teach th¢
students
provide
support.

LONDON RABBINICAL
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 AUGUST 2022
FINANCIAL REVIEW
Sources of funds are through fundraising and the generosity of the public. The grant making
policy is based on the trusttt5' decision following invesiigation of applicants, circum#ances
and with special reference to low incorne.
Reserves poliey
The trustees aim to build up free reserves to a level of 6 months of student grant funding.
Investment Policy
The Charity has now also inv￿￿ in a property parthership in ffder to increase its funds.
Risk m*n2gement
The trustees hav¢ examined the major strategic. businw and operational risks which the
harity fac¢5 and Confimi that sythns have been ethlithed to enable regular reports to be
produced so that the necessary 51eps can be taken to manage these risks.
PLANS FOR FUTURE PERIODS
The aim is to continue to wovide support in the forni of for students engaged in
Jewish Talmudic studi¢&
Signed on behalf of the UILdees
Mr D Conick
14 June 2023

LONDON RABBINICAL
TRUSTEES RESPONSIBILITIES
YEAR ENDED 31 AUGUST 2022
The charity's tr￿St￿$ are resw)nsible for the Tn￿rets Annual Rq)ort aDd the financial
statements in accordanc¢ with applicable law and United Kingdom Accounung Standar(ts (United
Kingdom Generally Accepted A¢¢ountmg Practic¢).
The law applicabl¢ to charirtes in England 8nd W81&s fwuiT&S the tr￿te¢S to prq)are financial
statements for ea¢h financial year which give 8 true and fair view of the State of affai￿ of the charity
and of the incoming resources and applI￿tiOn of resour￿$ of the chariry for that perio￿ In preparing
these financial 5tatement& the tru5tets arc requirryj to:
select suitsble accounting ￿lICI&S and 8pply them consistently:
observe the methThJs and principle5 in the Charitie5 SORP.
make judgements and estimatrs that are r¢asonabl¢ and prudenL
state whether appli¢4ble accounting stsndards bave been followol sllbj￿t to any materia]
departures disclosed and explained in the fuwicial statements;
prepare the flnancial ststrtnents the going conLYrn b&8i5 unless it is inappropriate to presume
that the clwity will continue in opcrdtion.
The tn￿ are responsible for keeping proper accounting recor(Ls that disclose with reasonabl¢
accuracy ai any time the financial tKbSition ol the charity and enable them to ensure that the financial
statements comply with the chariti￿ Aa 2011 and the Charity (Accounts and Re￿)rts) Rcgulations
2008. The tnLStees are a]so reS￿nSIble for safeguarding the &wts of the charity and hence for taking
re&sonable steps for the prevention and detection of fTaud and other wlatities.

LONDON RABBINICAL
STATEMENT OF FINANCiAL ACTIVITIES
for the year ￿dIng 31 ￿gust 2022
Total
Total
Restricted Unrestricted
2022
2021
INCOMING RESOURCES
Incoming resources from yn•fat•d funds
Investment Income
Voluntary Income
241.627
241,627
241.627
241,627
227.148
227,148
OTHER INCOME
JRS Grant
Total Incomlng r•sourc•s
2.391
244.018
2.391
244.018
19.986
247.134
RESOURCES EXPENDED
Costs of gcnerdting funds..
Fundraising Cost
Costs of ¢h4ri¢Able acdvlties
Charitable activities
Govemance costs
3.717
3.717
208.573 208.573
6,764
6,764
227,970
7,871
Total resources expended
219.054 219.054 240.721
NEf INCOMINGI(oiJfGOING)
RESOURCES
24,964
24.964
6,413
RECONCILIATION OF FUNDS
T(rtal funds brought forward
86.690
86.690
80.277
TOTAL FUNDS CARRIED FORWARD
111.654 86,690
The Notes forni part of the ffinancaal statements
Page 5

LONDON RAB81NICAL
BALANCE SHEET
31-Au*22
2021
FIXED ASSETS
Inv&S￿ents
119.(KKI
119.IKM)
CURRENT ASS￿S.
Cash at bank and in harKI
15.148
15.148
4,738
4,738
CREDtroRS: 4movnts fal￿Tr9
du• wlthlD ¢)M y•ar
-22.494
-37.048
N•t Cunont ass•tsllllablllllM)
111,654
86.690
111.654
86.690
FUNDS
UnrestrKted lunds
111.654
86.690
TOTAL FUNDS
111.654
86.690
14 June 2ff23
r behalf by
Trustee

NOTES TO THE FINANCLAL STATEIAEKrs
1 ACCOUNTIPIG POUCES
20151. In prepariw the the tharity 10kn￿ best twxtre a5 baxj Statement
80x￿ar￿ peragr• 41911 ofthe SORP.
Inc￿￿￿9 r•Bouru•
Fund •¢¢oun￿￿9
J8t888.
2 VOLUNTARY wcome
Totsl TDts]
Funds
2•22
2021
241.627
241.627 227.148
3 OTHER INCOIAE
JRS Grant
2.391
19,986
4 FUNDIIAISING COST8
Tothl Trtal
Re￿Icted Unrertrfdtd F*Ddx Fw
F••ds
2•22
2021
3.717
3.717
3.717
3,717
Totsl Tots]
2•22
2021
Sudrnt Grants
Collcg¢ ruTmin8 costs
Rent
Waorr8t¢s
Heal & Ltght
Acitvities
67,7YJ
39,219
13,754
67.7￿ 68.945
39219
.158
13.754
24.C(
2.015
2.015
5.376
52.872
52,872 36,flKI
32,W 32.￿ 26.563
3)8.573
208,573 227.970

LONDON RABBINICAL
NOTES TO THE FINANCIAL STATEMENTS
f(Y the year endww 31 August 2022
GOVERNANCE COSTS
Rutricted Unrestrlrt￿ Totsl Fund8 Total Funds
Fuuds
Findg
2022
2021
Accountancy
profess￿nal fees
Office Supp
Repairs
Cleaning
Bank tharges
Sundries
Travel
672
1,010
672
1,010
624
1.550
471
2.531
471
2.531
3.814
1.{￿3
6,764
455
7,871
6.764
INVESTMENTS
2022
2021
UK Investrnent Propety
119.000
119.000
The fixed asset investment ts held wimwity to an Yweslment retum for the charity
and 1$ valued at histor￿1 cost
CREDrroRS: Amoupifs FALLING
DUE wfTHIN ONE YEAR
2022
2021
A￿ra1$
8ank bon5 arKI
Other Creditcxs
672
624
21.822
22.494
36,424
37.048
MOVEMENTS IN FUNDS
At 1.09.2021 Net movement At 31.08.2022
in funds
Restrlcted fundj
Grants
unr￿tricted funds
General fund
86.6
24.
111.654
TOTAL FUNDS
86.690
24,
111,654
Net movement in funds, induded in ts aiM)ve are as foknys..
Inoyning Rescources
Movement in
funds
Restrieted fllLd8
Grants
Unrestrfcted funds
General fvnd
244,018
219,054
24.W
TOTAL FUNDS
244.018
219,054
24,
Page 8

## LONDON RABBINICAL 

NOTES TO THE FINANCIAL STATEMENTS for the year ending 31 August 2022 

## 10 TAXATION 

London Rabbinical 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. 

Page 9 

