**REGISTERED CHARITY NUMBER: 1144148** 

**Report of the Trustees and** 

**Unaudited Financial Statements for the Year Ended 31 August 2022** 

**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 2022** 

|||**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 2022** 

The trustees present their report with the financial statements of the charity for the year ended 31 August 2022. 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 on 28 August 2011. It is registered with the Charity Commission and derives its 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 2022. The deficit for the year ended 31 August 2022 as set out in the Statement of Financial Activities on page 4 was £4,906 (2021 - surplus of £3,259). 

## **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** 

2A Fairfield Road London N8 9HG 

## **Trustees** 

C Levontine J Beckman (resigned 6.7.22) A Wise M Levin (appointed 6.7.22) 

## **Independent Examiner** 

Town & Forest Chartered Accountants First Floor, New Barnes Mill Cottonmill Lane St Albans AL1 2HA 

Page 1 



Crouch End Chavura
TEn
REFERENCE AND ADMINISTRATIVE DETAIIS
Bankers
H5BL
88 Th¢ Broadway
Muswell Ftill
Loiidon
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Apwov¢d by order of the trfTraTd oftrustces on.............
. and sig]ed on its behalf by".
M L£vin- Tm4tee
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 2022. 

## **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: ............................................. 18 May 2023 

Page 3 



**Crouch End Chavurah** 

## **Statement of Financial Activities for the Year Ended 31 August 2022** 

|||31.8.22|31.8.21|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||69,285|62,693|
|Investment income|2|-|6|
|**Total**||69,285|62,699|
|**EXPENDITURE ON**||||
|**Charitable activities**||||
|Charity||||
|Other||68,769<br>5,422|53,877<br>5,563|
|**Total**||74,191|59,440|
|**NET INCOME/(EXPENDITURE)**||(4,906)|3,259|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward||26,614|23,355|
|**TOTAL FUNDS CARRIED FORWARD**||21,708|26,614|
|||||



The notes form part of these financial statements 

Page 4 



31.8.22
Un￿striCted
fwtd
31.8.21
To¢al
fimds
CUKKLN'I. A￿5￿.13
5Jll
24550
6.857
23,693
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30.001
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CREDTTORS
Amounts fAllihgdt*Widtiry(wy*
(8JSJ)
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21,708
2&614
UABILITILS
21.708
26ffj14
21,708
26,614
21,708
26.614
2t.708
26,014
The fin¥cial stthn>ents were wroved by the BoaTd of TDJstCe5 and athi5¢41 ts issue
..Q31Q512Q23.....-.-..._._.. and weres1w￿ on ItsEd￿1rbY.

**Crouch End Chavurah** 

## **Notes to the Financial Statements** 

## **for the Year Ended 31 August 2022** 

## **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** 

|**INVESTMENT INCOME**||||
|---|---|---|---|
||31.8.22||31.8.21|
||£||£|
|Deposit account interest||-|6|



## **3. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 August 2022 nor for the year ended 31 August 2021. 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 August 2022 nor for the year ended 31 August 2021. 

continued... 

Page 6 



**Crouch End Chavurah** 

## **Notes to the Financial Statements - continued for the Year Ended 31 August 2022** 

|**4.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||31.8.22|31.8.21|
|||£|£|
||Trade debtors|3,946|5,436|
||Other debtors|17|-|
||Prepayments and accrued income|1,548|1,421|
|||5,511|6,857|
|**5.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||Trade creditors|31.8.22<br>£<br>58|31.8.21<br>£<br>2,417|
||Other creditors|1,226|799|
||Accruals and deferred income|7,069|720|
|||8,353|3,936|
|**6.**|**RELATED PARTY DISCLOSURES**|||



There were no related party transactions for the year ended 31 August 2022. 

Page 7 



**Crouch End Chavurah** 

## **Detailed Statement of Financial Activities for the Year Ended 31 August 2022** 

||31.8.22|31.8.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Miscellaneous income|2,275|4|
|Donations|2,495|3,180|
|Gift aid|8,684|8,566|
|Membership fees|35,005|30,493|
|Cheder classes|13,248|14,015|
|Burial income|6,648|5,799|
|Services and Events|930|636|
|**Investment income**|69,285|62,693|
|Deposit account interest|-|6|
|**Total incoming resources**|69,285|62,699|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Printing and stationery|16|-|
|Insurance|1,159|35|
|Venue Hire|1,951|-|
|IT software and web hosting|1,571|2,154|
|Teaching|6,417|6,288|
|Rabbi|36,878|30,293|
|Burial fees|5,813|3,939|
|CAF fee|8,427|6,008|
|Event costs|1,835|622|
|Subscriptions|302|1,249|
|Travel expenses|-|100|
|Training|-|50|
|Donations and gifts|388|125|
|Chaverim venue costs|2,425|-|
|Miscellaneous costs|915|3,014|
|HHD other costs|672|-|
|**Support costs**|68,769|53,877|
|**Management**|||
|Administrators salary|3,859|4,206|
|**Finance**|||
|Bank charges|843|637|
|**Governance costs**|||
|Accountancy and legal fees|720|720|
|Total resources expended|74,191|59,440|
|**Net (expenditure)/income**|(4,906)|3,259|



This page does not form part of the statutory financial statements 

Page 8