Charity nuniber: 1144148 Crouch End Chavurah Trustees, report and financial statements for the year ended 31 August 2024 Crouch End chavui.ah Contents Page Legal aiid admiijistrative iiifoi-matioii Trustees report Iiiclepeiideiit examiners, report Statement of fiiiancial activities Balaiice sheet Notes lo the fiiiaiicial Statements 8- 12 Crouih End Chavurah Legal and administrative information Charity nuinber 1144148 Business address 2A Fairfield Road Loiidon N8 9HG Trustees Clive Ai)Ihoi)y Levontine Aniia Miriam Wise Miriam Levin Accouiitants Arviiid Joshi FCA, CTA, DChA Levy + Partncrs Limited Chartered Accouiitants 7-8 Ritz Parade Westerii Aveiiiie Loiidon W5 3RA Ilankers HSBC PIL 88 The Bi'oadway Mu5well Hill I,oiidoii NIO 3RX Page I Croucli End Chavur&ih Report of the trustees for the year ended 31 August 2024 The trustees preseiit their report aiid the finai)cial statements for the yeai. ended 31 August 2024. The trustees have adopted tlie pi'ovisions of Accouiiting aiid Reporliiig by Chai'ili¢s'. Stalenient of R¢¢ommeiided Practice applicable lo cliarilies prepariiig their accouiits iii accordance with the Fiiiancial Reportiiig Staiidard applicable iii the UK and Repiiblic of Ireland {FRS 102) (effective l Jaiiliary 2019). The trustees who served dLiring the year and up to the date of this I'eport are set out 011 page l. STRUCTURE, GOVERNANCE AND MANAGEMENT Guverning clucunieiit The charity is Controlled by its governing documeiit, a deed of trust and conslitules an uiiiii¢orporated charity, Orgllnizlllioii ftiidAppoiiitnienl of Triislees C￿L is ali uniiicorpoi'ated charity, with three Ii'ustees, aiid a Inanagemeiit coinn)ittee with seven menibers that helps to support tlic runiiiiig ot thL chavurah. The Rabbi's pay is set with regard to Liberal Judaisni's advice on rabbinical remuneration and the specific finaiices and coiitexl of the Crouch Eiid C'haviirah. Crouch End Chaviirah has iio eniployees. The part-time rabbi is paid by Liberal Judaisin wlio re-cliargL the costs to CEC. Day to day nianagement Is delegated to the rabbi, and d¢ly to day aclministratioi) is provided by a part-time 2dminislrator.The rabbi and administrator are supported by the trustees aiid coinmittee. OBJECTIVES AND ACTIVITIES PpiiiLipnl Ac¢ivilie.s Croiich Eiid Chaviirah (CEC} is a small but vibrant Jewish community in Crouch End, North Loi)don. affiliated to the Liberal Judaisiii niovenient. It was established as a charity on 28 August 2011 and is a registered charity. It derives income frorn fees for IneTnbership, teaching and doiiations. Thc objectives of the charity, as set oiit iii oui. coiistilu11021, are. to advaiice the Jewish Religion in accordance with the priiiciples of Liberal Judaism wiihiii Crouch Eiid, iii particular but not exclii8ively, by arranging ￿]d coiiductiiig Liberal Jewisli religious services, lilecycle events and ev¢nts rclating lo th¢ traditioiial Jewish Festivals. OLir Inaiii activities are.. Regular Friday iiight aiid Saturday morning Shabbat services for the coinmunity, either in members, homes, or at Eden Primary School, a Jewish school in Muswell Ilill. Services, eveiits aiid activities to celebrate the Jewish festivals throughout the year, incliidiiig High Holyday services, a communal Seder and faniily-friendly Chaniikah parties. Weekly Jewish classes (Chaverim) for children from school years 2-8, plus parent aiid babylioddler groups. Preparation, leaniiiig aiid support for youiig people uiidertakiiig their Bar or Bat mitzvah at age thii'teen. Adiilt learniiig, both regular classes and special study sessions around majoi. festivals. Social action, both within the ¢ommLinity, locally and Iiatioiially, iiicludiiig siipporting local charities such as Horiisey Food Baiik, interfaith work with local Christiaii and Miislim commiinities, aiid raisiiig fuiids for local aiid national charities. We have a part-lime (600/0) Rabbi, Sandi'a Kviat, who plays a vital religious aiid pastoral role wiihiii the coniniunity. We also liave a parl-tinie adiiiiiiislralor, and Chaverim teachers and assistants. Pag¢ 2 CrouL'h li nd Chavurali Report of the trustee8 for the year ended 31 August 2024 ACHIEVEMENT AND PERFORMANCE Clinritiible uclivilie3 Our Inenibership Coinprised 172 adiilts aiid youiig adults aiid 87 cliildren at the end of the finaiicial year. We have held services or celebratioiis for all the major Jewish festivals, iiicluding a commuiial Seder attended by over 50 people, High Holy Days services attend¢d by nearly 200 people, a aiid su¢¢¢ssful Chanukah aiid Purini parties iiiainly for fainilies witli younger children. 33 cliildi'eii atteiided oiir Chaverim classes aiid 7 young people Celebrated their Bar or Bal mitzvah during the year. We have also celebrated other life cycle eveiits, with 3 baby blessiiigs. The Rabbi has played an invaliiable role in supportiiig individual nienibers of the commiiiiity through heT pastoral work. Fiindrai.siiig ftclivilies At OLII. a2111ual 14igh I lolydays charity appeal, we I'aised £2,465.00 for Jewish Wonien's Aid and £1,150.00 for Cool Earth. Inleriilll and exlernrtlfnctor. Priiiciple risks are.. i. railing to m¢llllt(iin a healthy finaiicial positioii, with niiiiimum resei'ves wliile eiiabling th¢ Lommunity to Lany oiit its activities. 2. "I'he Ral)bi leaviiig Ilie coniniiiiiity. 3. Failing to niaiiitain a steady growth in membcrship. 4. failiiig to altrJr (6.74Y) (l),Y56} Nel tu¢tettl asstts .li,700 13,819 Net assets 15.'100 1?*819 IITirL%tri¢lLd iacome fi￿dS 1.5,700 Total fuuds 15,700 The fstlllll¥iJl Atalenients were ￿ppr$?V￿ h. lh¢ InL%ty'¢s on ?8 April 2025 attd k1p￿ed on kts bebRlf by Miriam Levl Tru5tce 'I'he ni)tes on pxges 8 *• 12 form nD in¢Lgrol p&rt fjl. these l]nJntial slatements. Crouch End Chavurah Notes to finanLial statements for the year ended 31 August 2024 Aecounting policies T11e priiicipal accoiinlii)g policies are siimmarised below. The accoiintiiig policies have been applied consisteiitly thi-ouglioiit the year aiid the precediiig year. Basis of accouiiting The fiiiancial stateiiieiits of the charity, which is a public beiiefit eiitity und¢r FRS 102, have beeli prepared in accordance with the Charities SORP (FRS102) 'Accoiiiiliiig aiid Reporting by Charili¢s'. Statement of Recomin¢iided Practice applicable to charities preparing their accounts iii accordance with the Fiiiaiicial Reportiiig Standard applicable in the UK and Republic of Ireland (FRS102) (eftective l Jaiiuary 2019),, Fiiiancial Reportiiig Staiidard 102 'The Fii)aiicial Repoiting Staiidard applicable iii the UK and Republic of Ireland, aiid the Charities Act 201 l. The fiiiaiicial stateineiits have beeii pi-epared under the historical cost ¢onveiition. 1.2. Cash Flo The charity has lakeii advanldge of th¢ following disclosure exeniptions in preparing these financial statements, as pei-millLd by FRS 102 'The Fiiiancial Reporliiig Standard applicable in the UK and Republic ot Ireland,: IhL requiremeiits of Section 7 Statenient ot Cash Flows. Fund accountiiig Unrestrictcd liind8 can be iised iii accordaiice with the charitable objectives at the disci'etion of the tnistees. RL%lriLted Iiinds ¢aii oiily be Lised for particular restrictld piirposes withiii the objects ihL Lliarily. Restrictions arise whei) specified by the donor or whei) fuiids are i-aised for particular re%ti'icted purposes. Furhter explanatioii of the iiatiire and piirpose of each fuiid is iiicluded in the notes lo tlie fiiiaiicial slaleiMenl%. 1.4. Incoming resources All incoiniiig resources are iiicluded iii the staten)cnt of fiiiancial activities whcn the charity is entitled to the iiiconie and the aniount can be quantified with reasonable accuracy. The fDllowiiig specific policies arc applied to particular catcgories of in¢ome'. Voliiiilary inconie is received by way of grants, donations and gifts aiid i.s included in full iii the statenieiit of fiiiancial activities wheii receivable. Grants where entitlement is iiot coiiditional on the delivery of a specifi performance by the charity, ar¢ r¢cogiiised wheii the charity becomes unconditioiially entitled to the grant. Donated 5ervice5 and lacilities are included at the valiie to the charity where this can be quantified. The value of services provided by volunteers has iiot been included. Gifts doiiated for resale are included as incomiiig resourc¢s withiii activities for generating fiiiids when they are sold. Page 8 Crouch nd Cliavurah Notes to financial statements for the year ended 31 Aiigust 2024 R¢sourees expended Expeiidilure is recogiiised on an accrual basis as a liability is incurred. Expenditure ineludes any VAT wliich caniiot be ftilly recovered, aiid is reported as part of tlie expenditure to wliich it relates. Charitable expeiiditure coniprises those costs iiicurred by the ¢harity in ihe delivery of its activities and services for its beneficiaries. It iiicludes both costs that can be allocated directly to such activities aiid those costs of an indii-ect iiatui'e Iiecessary to support then). Siipport costs are those eosls incurred directly in support of expei)diture oli the objects of the charity aiid include project manageiiieiil. Taxation The charity is exempt from tax 011 its charitable activities. Trade debtors Trade debtors are carried at origiiial net iiivoice aniouiit less ali estimate for doiibtful debtors. Bad debts are wrillen off wh¢n identifiLd. 8pL¢ific provisioi)s are made agaii)st debts whose recovery is Considered doiibiful. Filnd accounting Provi8ioii% (ifo i-LL()gniSLd whLn IhLrL is. a pi-Lscnt ltigal oi. consti'iictive obligation as a rLsult of past events and the aiiiount can be reliably estiniated. Pi'ovisioiis are not recog7nised for fiiliirL OPLratiiig losses. Voluntary iiicoiiii and donations Unrestricted funds 2024 Total 2023 General Donatioiis FII ID Ticket Donations Gift aid Meml)ership fees Burial Income Cheder classes Miscellaneous inconie 3,670 1,090 11,648 48,844 7,856 14.260 43 3,670 1,090 11,648 48,844 7,856 14,260 43 2,542 1,740 9,705 37,490 6,206 12,710 200 87,411 87,411 70,593 Page 9 Crouch Ei nd Chavurah Notes to finanLiAI statements for the year ended 31 August 2024 Direct expenditure Unrestricted funds 2024 Total 2023 Total Rabbi's salary, pensioii aiid expeiises Burial expeiises Liberal Judaisin fees HHD Other costs Event costs Chaverim veiiue costs Venue hii-e IT software and web hosting Insiiraiice Teachiiig costs Siibscriptions Charily donalioi)s aiid gifts Miscellaiieous expeiise5 52,370 5,590 7,062 536 1,902 954 875 2,060 1,206 4,721 414 163 61 52,370 5,590 7,062 536 1,902 954 875 2,060 1,206 4,721 414 163 61 43,424 5,835 6,331 1,102 2,166 1,471 1,661 1,867 1,504 5,663 680 205 292 77,914 77,914 72,201 Support costs Unrcstricted 'rotal 2024 Total 2023 Total Administratioi) services Bank charges 5,491 505 5,491 505 4,193 828 5,996 5,996 5,021 Governance costs Unrestricted runds 2024 Total 2023 Total Accoiintancy fees 1,620 1,620 1,260 1,620 1,620 1,260 Pi)ge 10 Crouch End Chavurah Notes to financiAI statements for tlie year ended 31 August 2024 Number of employees The average nionthly Iiumbers of eniployees (ii)cludii)g the trustees) diiriiig the year, calculated 011 the basis of fLIII time equivaleiits, was as follows: 2024 Number Nil 2023 Number Nil Trustees, Ren]uneration and Benefits The Iruslees received iio reniuneratioiis or other benefits during the year (2023.. Nil). No trLlStees received paymeiit for professioiial or other services supplied to the charity. The trustees were able lo usc serviccs iiscd gcii¢rally by bciieticiaries and nienibers of the charity. Debtors 2024 2023 Trade debtors Othcr debtors Prepaymeiits and accru¢(l income 1,985 897 9,210 2,294 920 4,159 12,092 7,373 Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors Accruals aiid deferred iiiconie 3,091 1,858 1,800 3,469 1,007 11,480 6,749 15,956 Pagell Crouch End Ch￿1 vurali Notes to financial statements for the year ended 31 Augiist 2024 10. Analysis of net assets between funds Unrestrieted fiinds Total funds Fiiiid balai)ces at 31 August 2024 as represeiited by.. Current assets Cui-reiit liabilities 22,449 {6,749) 22,449 (6,749) 15,700 15,700 ii. Unrestrieted funds At At Incoming Outgoing resources resourees 2023 2024 Uni-Lslricted Fund 13,819 87,411 (85,530) 15,700 12. Related party transactions ThcrL was a related party 117iisaction iii the year within Teaching cc)8t% of £400 (2023.. £260), paid lo the daughter of Miriain Levin, a ti'uslLL of th¢ Lharity, for woi'k as a teachiiig assistaiil. There were no oihcr rvlated party traIisactions iii the year ended 31 August 2024. Page 12 Crouch Ei nd Chllvui'ah The following pages do not form part of the stAtutory accounts. Crouch End Chavurah Detailed statement of financial activities For the year ended 31 August 2024 2024 2023 Incoming resources Incoming resources from generating funds: Volunluky inconie and donalions Genei-al Doiiatioiis HHD Ticket Donations Gift aid Membership fees Biirial Iiicoine Ch¢der ela55es Miscellai)eous iiicon)e 3,670 1,090 11,648 48,844 7,856 14,260 43 2,542 1,740 9,705 37,490 6,206 12,710 200 87,411 70,593 Total incoming resources from generating tunds 87,411 70,593 Total illcoming resources 87,411 70,593 Page 14 Croucli Fjnd Chavurah Detifjiled statement of financial activities For the ye4qr ended 31 August 2024 Resourees expended 2024 2023 Charitable activities Rabbi's salary, pension and expenses Burial expenses Liberal Judaism fees FIHD Other costs Eveiit costs Chcivorim veniie costs Veniie hire I"f software and web hostiiig Ii)siiraiice Te(ILhiiig Losts Siibscriptions Charity doiialions aiid gifts Misc¢ll(Iiie()us exp¢ii4L 52,370 5,590 7,062 536 1,902 954 1175 2,060 1,206 4,721 414 163 5,835 6,331 1,102 2.166 1,471 1,661 1,867 1,504 5,663 680 205 292 77.914 72,201 ,Szipport co.gt. Adi)iiiiisti-atioii services 5,491 4,193 5,491 4.193 ,giippoi'l co.Ft. Bank charges 505 828 505 828 Total charitable activity expenditure 83,910 77,222 Governance costs Accoiinlancy fees 1,620 1.260 1,620 1,260 Total governance costs 1,620 1,260 Net incomillg/(outgoing) resources for the year 1,881 {7,889) Page 15