**REGISTERED CHARITY NUMBER: 1144148** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 August 2021** **for** **Crouch End Chavurah** Town & Forest Chartered Accountants First Floor, New Barnes Mill Cottonmill Lane St Albans AL1 2HA **Crouch End Chavurah** ## **Contents of the Financial Statements for the Year Ended 31 August 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|2| |**Independent Examiner's Report**||3|| |**Statement of Financial Activities**||4|| |**Balance Sheet**||5|| |**Notes to the Financial Statements**|6|to|7| |**Detailed Statement of Financial Activities**||8|| **Crouch End Chavurah** ## **Report of the Trustees for the Year Ended 31 August 2021** The trustees present their report with the financial statements of the charity for the year ended 31 August 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Principal Activities** Crouch End Chavurah was established as a Charity of 28 August 2011. It is registered with the Charity Commission and derives it income from donations. ## **FINANCIAL REVIEW** ## **Financial Review** The Financial Statements are set out on pages 4 to 8 and summarise the transactions of the Charity during the year ended 31 August 2021. The surplus for the year ended 31 August 2020 as set out in the Statement of Financial Activities on page 4 was £3,259 (2020 - £13,422). ## **Reserves policy** Sufficient funds are kept in the Charity to cover the administrative costs for the future fundraising activities. ## **Risk Settlement** The management reviews the major risks which it faces on a periodic basis and believes that maintaining reserves at sufficient levels as stated above will provide adequate resources for the Charity, even in the event of adverse conditions. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Organisation and Appointment of Trustees** The Trustees meet regularly during the year to plan fundraising and running of the Synagogue. The power to elect new Trustees rests with the existing Trustees and is governed by the terms of the Trust Deed. There must be at all times a minimum of two serving Trustees. There are no fixed periods of appointment. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1144148 ## **Principal address** 34 Lightfoot Road London N8 7JN ## **Trustees** C Levontine J Beckman A Wise Page 1 **Crouch End Chavurah** **Report of the Trustees for the Year Ended 31 August 2021** ## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Town & Forest Chartered Accountants First Floor, New Barnes Mill Cottonmill Lane St Albans AL1 2HA ## **Bankers** HSBC 88 The Broadway Muswell Hill London N10 3RX 05/06/2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... J Beckman - Trustee Page 2 **Independent Examiner's Report to the Trustees of Crouch End Chavurah** ## **Independent examiner's report to the trustees of Crouch End Chavurah** I report to the charity trustees on my examination of the accounts of Crouch End Chavurah (the Trust) for the year ended 31 August 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Zara Dunster FCA Town & Forest Chartered Accountants First Floor, New Barnes Mill Cottonmill Lane St Albans AL1 2HA Date: ............................................. 7 June 2022 Page 3 **Crouch End Chavurah** ## **Statement of Financial Activities** ## **for the Year Ended 31 August 2021** |||31.8.21|31.8.20| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||62,693|68,454| |Investment income|2|6|-| |**Total**||62,699|68,454| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Charity|||| |Other||53,877
5,563|49,863
5,169| |**Total**||59,440|55,032| |**NET INCOME**||3,259|13,422| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||23,355|9,933| |**TOTAL FUNDS CARRIED FORWARD**||26,614|23,355| ||||| The notes form part of these financial statements Page 4 **Crouch End Chavurah** ## **Balance Sheet** ## **31 August 2021** |||31.8.21|31.8.20| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**CURRENT ASSETS**|||| |Debtors|4|6,857|14,108| |Cash at bank||23,693|22,313| |**CREDITORS**||30,550|36,421| |Amounts falling due within one year|5|(3,936)|(13,066)| |**NET CURRENT ASSETS**||26,614|23,355| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||26,614|23,355| |**NET ASSETS**||26,614|23,355| |**FUNDS**|||| |Unrestricted funds||26,614|23,355| |**TOTAL FUNDS**||26,614|23,355| |||05/06/2022|| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. J Beckman - Trustee The notes form part of these financial statements Page 5 **Crouch End Chavurah** ## **Notes to the Financial Statements** ## **for the Year Ended 31 August 2021** ## **1. 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 the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 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 convention. The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Donations made are accounted for when awarded. All other expenditure is recognised on an accruals basis. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Provisions and accruals** Provisions are recognised when there is a present legal or constructive obligation as a result of past events and the amount can be reliably estimated. Provisions are not recognised for future operating losses. ## **2. INVESTMENT INCOME** ||31.8.21|31.8.20|| |---|---|---|---| ||£|£|| |Deposit account interest|6||-| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ended 31 August 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 August 2021 nor for the year ended 31 August 2020. continued... Page 6 **Crouch End Chavurah** ## **Notes to the Financial Statements - continued for the Year Ended 31 August 2021** ## **4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**4.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---| |||31.8.21|31.8.20| |||£|£| ||Trade debtors|5,436|3,167| ||Prepayments and accrued income|1,421|10,941| |||6,857|14,108| |**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||Trade creditors|31.8.21
£
2,417|31.8.20
£
12,346| ||Other creditors|1,519|720| |||3,936|13,066| ||||| ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 August 2021. Page 7 **Crouch End Chavurah** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Membership fees
Cheder classes
Services and Events
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Insurance
IT software and web hosting
Teaching
Rabbi
Burial fees
CAF fee
Other event costs
Subscriptions
Travel expenses
Training
Donations and gifts
**Support costs**
**Management**
Administrators salary
**Finance**
Bank charges
**Governance costs**
Accountancy and legal fees
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31 August 2021**
31.8.21
31.8.20
£
£
3,180
2,265
8,566
18,389
30,493
27,281
19,814
17,006
640
3,513
62,693
68,454
6
-
62,699
68,454
35
1,114
2,154
1,122
6,288
4,981
30,293
31,800
3,939
5,304
6,008
2,871
3,636
1,423
1,249
728
100
520
50
-
125
-
53,877
49,863
4,206
3,340
637
389
720
1,440
59,440
55,032
3,259
13,422| |---|---| ||| This page does not form part of the statutory financial statements Page 8