Char5ty registration numb•r 1162132 Company reglstration numb•r 09437098 IEngland and W*lesl JEWISH FAMILY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 JEWISH FAMILY CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees S Appleman B WÉinb8um A Kurer Charity numbor 1162132 Company numbèr 09437098 Prlnclpal addrnss 2a Sl George'$ Road London NW11 OLR R¥gist•r•d offi 2a St George'$ Road London NW11 OLR Independent gxamingr Anlhony Epstein FCA Paragon Partnèrs Limrted Churthill House 137- 139 Brent Straet London NW4 4DJ JEWISH FAMILY CENTRE CONTENTS Page Trustees, report Independent exarninerfs report Slalemenl of f￿anual actNibes Bal￿￿ sheet Notes lo Ihe financial slalfjm¢nt$ 6-12 JEWISH FAMILY CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 29 FEBRUARY 2024 The trustees present Iheir 8nnu81 report and financial statements for the ygar ended 29 F8bruary 2024. The ffina￿al stslem9nts have been prepared in ac¢ordan¢e the accounting pol￿e5 set out in nole 1 to Ihe financial statements and comply with the charitys goveming docum•nl, the Companies Act 2006 and 'Accounling and Reporting by Ch8riiies'. Statement of Recommended Practice ap￿1¢able to charities preparing their accounts in accord8n¢e with thè Financial Reporting Standard applicable in Ihe UK and Republi¢ of Irèland IFRS 102} {effective 1 January 20191.. Objo¢tiv¥$ •nd aedvldès The objects of the Charity were Ihe opèration of Family SLVPOrt services induding Advo¢8cy with Schools, Soual Services, and Police. Therapeutic servic95 and Emotional SLtpport for families in ¢risi$. Our social workers deal with mèntal health issues, marrtal breakdowns, loss of jobs and the stress that Ihè loss of irn¢ome ￿ingS etc. as w811 as running informal, educational anil deveb)pmental programme5 for thldren and their families. Through Ihe generosty of our supporters, we hav8 grown cojr Famity Support Team to i)dude 1 more Soual Wother with responsibility for the man8gèmÈnt of tha Conlacl Centre. We havg also employed an 8ddillonal ful time staff member wlh parlicular ￿sPonSIbl1111eS for Contact supeMSh)n and the adminislraion of the Contact Cenlre. In addition, we haw a team of Sessional Therapists including art Iher8Pi8ts and Adult and child therapists. At year end, we were 8boul lo employ a Famity Support Wother to enhance our Farnily Support team. The Trustees have paid due regard to guid8ncè issued by the Charity Commi55ion Fn deciding what aclivilies the charity should undertake. The fund$ that were raised in the previous year for displa￿ lamilies from the war in Ukraine ¢ontinu8d to trickle through, although to a far lesser degree. A further £259,493.31 wa$ raised. This aspect of our fiJndraisin9 is now lemiiMatÈd. These fund$ are $hown as restricted lund8 in our 8(fA)unts as tha Céntro had no bentrfil from them whatsoever. The trustéés hav8 paid due regard lo guidance issued by the Charty Commission in deeiding what actMlie5 the Charity should undartake. Achi9￿M•￿ts •ntl p•rfomiance During tha yaar, ovar £60,000 wa5 given oul in grants to families as well as subsidie$ for therapy. We also workéd supporting our families to obtain grants ftom 01her grant gNing bodies. The Centre ￿ntinueS 10 give us Ihe opportunity to prowde more services for Ihg wnmunty in an inwling environment. 11 is hoped Ih8t the Coming year will see further developrnenl in our Famity Support services, while maintaining our develownental progranNnes which aid wellbeing for both the parents and children. Our Registration with NACCC (National Asso¢iation of Children's Conl8¢1 Cenlrèsl has brought a lot of additional fooffall lo Ihe Centre. and 8$ our reputation as a Contact Centre gTOWS we know that this service will wnlinue lo grow. Vve are able lo supply SupèNisors who are Ituenl in Hebrew, Yiddish and French.. which makes our stsnding unique in this fièld for Jwish community. Fin#n¢l•l ro¥i•w The ststement of Finawal Activilies Shows a net dèfiat of £34,043 (2023 . £37,820 surplus) for the year and this has been deducted from the In¢ome Aceounl, which al Ihe balance sheet dale st¢)od al £107.227. The trustees expeci an increase in donations in Ihe coming yeai. The trustées have established a policy whereby the funds not comrnitted OT invested in tsngSble ftyed assets I'lhe frge r￿n￿$. ) held by the charity should bè in the region of 3 months of the total resou￿￿¥ expended which equates to some £90,Ot)O. At this level the tru$lÈÈs feèl that théy would be able to continue the 8ctThiities of the Charity in the event of a temporary stqnrficanl drop in fundSng. At present the free reserves has rea¢h8d this target level. The trusteès have a$s&s$ed the major risks to which the charmy is èxposéd. and aro satisfied that systems are in place lo mttigate exposu￿ to the major risks. structure. gov•man¢• and management Th& charity is a company limited by guarantee incorporated on 12 Fabruary 2015. JEWISH FAMILY CENTRE TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORTI (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 The trusté•s, who a￿ also lh8 diroetois fr*r th& purp08¢ 01 eornpany law, and who seryed durlro lh8 year #nd up lo the date of signature ol the financial 8tat•men15 were.. S Appleman B WEinbaum A Kurer Appointrnent of the trustees Ss govemod by the Twst Deed ofthe charity. None of thè trustees has any benefficial Interest ITh the (ompary. All of the trusteÈs are rnorni*rs of Ihe company and guarantse to contnbute £1 in the event ¢1 a wlnding up. The trustees, roport was approved by the Board ofTrust8es. B Welnb•wn Trustee Dated.. 28 Noven*er 2024 JEWISH FAMILY CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JEWISH FAMILY CENTRE I report to tha Irusle8s on my examination of the financial stalernents of Jewish Family Centre (the charity) for the year endeunting records and Il* preporaoon of financlal statements. The members have not required the ¢omp8ny to obtain an audll of its fjnan¢t31 statements for the year Wb qU8Stion in accordance vAth sectty)n 476. These financial staternents have L*en prepared in ac￿rda￿e with the provision8 8ppIKable to ¢ompanie8 5ubpct ttr the srnall companies regime. The finan¢Lql Statements were approved by the trustee5 on 28 Novtmbar 2024 @UJ B Weinb8thn Tru5t•e Cornpany regi5tratiDn number 09437098 (Eng18nd and Wales) JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY2024 Accounting pollcl•s Charfty Infornution Jewish Famity Centre is a private Company h'mited by guarantee incorpoiated in England and Wales. The re9lStered office is 2a St George's Road, London. NW11 OLR. 1.1 Accountiny ¢onventlon Thè financAal statemen15 have been prepared in a¢cordanc8 with the Chari￿$ Igoverning documentl, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of IreEand' CFRS 102.1 and the CharitiÉs SORP "Accounting and Reporting by Charities.. Statement of Recornmended P￿tice applicable lo charities p￿paring their accounts in accordance with thg Finanual Reporting Standard 8pplicable in the UK and Ropublic of Ireland (FRS 102)" lÈffacti¥e 1 January 2019). The charily is a Publi¢ BÈnefrt Enhty as defined by FRS 102. Th8 ch*ity has taken advantsge of the prowsitsns in the SORP for charities not to prepare a Statement of Cash Flows. The financial ststements are preparèd kn sterh'ng. whith is the fvnctional curyenoy of Ihe charity. Mon¢tsry amounts in these fin8no81 ststemenls are rounded to the nearest £. The financial statements have been prgpared under the histori(g1 cost convention. The prin¢ipo1 accounting poliiyes adopted are set out below. 1.2 Going ¢*)n¢em Al the lime of approving the ffn8nd81 slalernents, the trustees have 8 reasonable expectation that the charity has 8deouate resourc8s lo continue in operational existence for the forèseeable future. Thus the trustees Cont￿Ue to adopt the going concem basi8 of 8wJunting in preparing the flnandal $tstements. IJ Ch•ritsblo funds Unreslrid¢d funds are available for u58 at the discretion of the tru$lee5 in fvrther¥n¢e of thèir charitable objethives. Rgslricted funds are Subject lo specific condition5 by don￿5 or grantors as lo how they may bft used. The purposes and uses of Ihe restrictèd funds are set out in the notes to the finanaal statemerts. Endowment ftmd5 are subieet tcs SP8cific 0)nd￿on3 by donors that Ihe capital musl be maintained by thg d)arity. 1A Income Ir￿ume is T*¢O9nised when the charity 1$ legally entitled lo it after any perfomiance eA)ndiiions have be&n met, the aThK)unts ¢an be measured reliably, and il Is probable that in(x)me will be recAived. Cash donations ￿e recognised on reeeipt. Other donations are ￿cOgnIsed once the charity has b8gn notified of the (*)nation, unless performance conditions require deftsTral of the amount. Income lax recoverable in relation to donattons rec8ived under GiftAid or deeds of covenant is re¢ognisèd at the time of the donation. Legaae$ 8re recognised on receipt or olhen¥l$e rf the chartty h88 been notffied of an impending distribut*)n, the amount is known, and le￿Ipl is expo¢led. If the amunt 1$ not known, th8 legacy 18 Ir981ed as contingent asset. 1 A Expendlture Expenditure is 8¢¢ounted for on an accruals basis ar￿ ha$ been classified under he8din9$ that aggregate 811 cost related lo the ¢alÈgory. ￿ere costs cannot be dife¢tly attributed to particular headings they have been 8llocat8d to actNilie5 on a basi$ ¢onsislent wilh the use of resourcès. JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 A¢countlng pollcles IContinu•dl 1.6 Tanyibh flxed assets Tangibl8 fixed assets arg inttially measured at ￿${ 8nd subsaquenuy me88ured al ¢osl or valuation, net of depreciation and any impaiment losses. Depreciathon is recognisèd $0 as lo write off Ihe ¢ost or valuallon of a$sets le85 Iheii iesldual valu85 over thelr useftl livos on the following b8$es= Le8s8hold property Fixtures, ffittings & equlpm8nl 10% straight Ilng 5% and 10Yo Straight line The gain tsr loss arising on the disposal of an asset is determined as Ihè diffÈr8nc8 be￿een th8 sale wocaeds and the carrybng value of the asset, and is Tecognised in the statement of ffinancial activities. 1.7 Impaimlent offlx•d ass•ts Al each reporting end date. the charfty révlaws the carrying amunts of its tangib￿ assets to determine wheth6r there is any indication that thos9 assets have suffered an impaim)énl loss. If any such indication exists, the ￿e0Verable amount of the asset is estimated in order lo delemiino th8 exlent of the impairment loss lif any). 1.8 Ca$h •nd eash èquival•nts Cash and cash equivalents indLJde ¢Ash in hand, deposits held * cal with banks, other 5hort-temi liquid investments wrth original maturities of thT¢$ months or less, and bank overdrafts. Bank overdrafts a￿ shown within borwings in current liabilities. 1.9 Financlal Instrumtrnts The chglty has el8Ct8d lo apply the provisions of Section 11 'Basi¢ Fin8naal Inslruments, and Sgclion 12 'other Financlal Instruments Issues, of FRS 102 10 811 of its finanrAal instwments. F￿anCIal inslrurnenls a￿ recognised in the Chartty's balance sheet when tho ch8nty b8comes party to the conlraclual prowsions ofthè ￿$trUmenL Financial assets and liabilities a￿ offset, wth the net amounts presented in the finan￿al slalements, when there is a lagally enforceable right to sel off the recognised arnounts aThJ there is an intention lo settle on a nel basis or to r¢ali$e the asset and $etUe th8 liability simLltaneously. Bask fin&nci*lwets Basic financial assets, which indude debtors and Cash and bank balances, are intbally mèasured al Iran$a¢ticw) pri¢e including transaetion costs and are subsequently carried at amorbsed cost using thè èffective interest method unless the arrangèmant wnstilules a finanung transactw)n, where the transa¢tion is rneasured at the present vahje of th? fvIu￿ re¢eipts discounted al 8 market rats of interest. Finan081 assets cla$$iffied as rèe•ivable witlin one year 8re not amortised. Basic financlalllabilities Basic finaneial liablities, including credrt(Ks and bank loans are initially recognised al transaction wice un￿sS Ihe arrangement ¢onstilules a fir)ancing tr8nsaetion, where the debt inslwment is measuréd 81 the pr&sent value of the future payments discwntèd al a markèt rale of interest. Finanual liabilthes classified as payable within one year afe not amortised. Deyecognilion of financlal Ilabilili•s Financial liabilities are derecognised when the ¢haritys contractual obligallons expire or are dlscharg¢d or cancelled. JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 A¢counting pollcles (¢ontlnuod} 1.10 Employeo ￿n¥flts The c051 of 8ny unused hol￿aY ent￿lement is recognised in the period in which the employee's Servicos are received. Temiination benefits are ro¢ognised immedtiqt•ty as an 8xpense when the charity is demonslt8bty committed lo leminate Ihe empknymenl of an employee or lo provid& tsrmination benefts. Crlli¢al a¢countlng 9￿1￿at•S and Judgements In the application of the charity'8 acclwnling policies. the trustees are required lo make ludgèmenls, eslimates and as$umptions about the carrying amount of 8$$els and liabilili8s that are not readity apparent from other sources. The esthmates and associated a$$umptions are based on historical experience and other factors that are ¢x)n8idered lo be relevant. Actual results may dnyer from the59 eslimalgs. The eslirn8le$ and und￿r￿'n9 assumptions are reviewed on 8n ongoing basi$. Revisions lo actounllng 8slimates a￿ recognised in the pgriod in whi¢h the estimate 15 revised where the revision affects only that period. or in the period of the rew5ion and fulure periods where the revision affects b¢)th current ond fLrture pgriods. Donatlons l•g•¢l•$ Unrestrlcted Re8trr¢t•d funds funds Total 2024 Total 2023 Donations and gffts Grants receivable 242,517 134,909 242.517 442,702 263.960 1,570.419 307.793 377.426 307,793 685.219 1.834,379 For the year •nd•d 28 February 2023 385,218 1,449.161 1,834,379 Income from ¢harltsblè actlvltles Unr•gtrlcted V￿￿trI¢t9d funds funds 2024 2023 Sales and olh•r incom• Saks within charitable acts"vf(ies 59,479 53,891 JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 29 FEBRUAR Y2024 Support costs 2024 2023 Fundrais and ubli Other fundr8ising costs Staff Costs D•preGiation and iryaimienl Other administratwe Costs 12,B07 155,869 11,497 592 92,462 97,541 9,430 521 180.765 199,954 Ch•rltablg actlvlll•8 2024 2023 Family Support Costs Other ¢osts Ukraine 102,208 216,581 279,187 63.008 155,692 1,431,736 $97,976 1,650,496 Thistses None of the Iruslees (or any persons eonnecled wlth them) recelved any remuneralon durfng the year. Employeès The average monthly number of employees durfng the year was,. 2024 Numbar 2023 Numbor Adminislratrve Volunteer8 Total 12 Employmènt ¢o$ts 2024 2023 Wages and salaries 155,869 97.541 There were no employees whosè annual remunerntlon was mre than £60,ofAI. JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 Taxation The charity is 8x8mpl from taxation on its a￿4v[ti¢$ be¢ause all its income is applied for ch*itabl• pwposes. 10 Tanglble flxed a88ets Lea¥•hold proporty Flxiure fiiiings & equlpmont Cost Al 1 March 2023 Additions 42,$27 7.540 119.181 10,625 161,708 18,165 At 29 F&bruary 2024 50.(￿7 129,806 179,873 Depreclatlon and impairnwnt Al 1 M8reh 2023 Dep￿￿at￿n tharged in the year 4.253 5,007 38,712 6,490 42,985 11,497 Al 29 Febwary 2024 9,260 45.202 54,462 Corylng amount Al 29 February 2024 40,807 84.604 125,411 Al 28 Febwary 2023 38,275 80.469 11B,744 11 DebtorJ 2024 2023 Amounts falllng du• within one year: Other debtors 11,322 12,235 12 Loans •nd overdrafts 2024 2023 Bank h)an$ 22,326 32.558 Payabl8 after one year 22,326 32.558 10- JEWISH FAMILY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 13 Credltorn: amourts falllng du• withln One year 2D24 2023 Other taxation and social secuiity Other ¢J•ditors A¢¢mals and deferred incomè 12,464 20,655 5,865 11,443 34.079 18,268 14 Creditors: amounts falling du• •ft•r mor• than on• y•ar 2024 2023 Note$ Bank loans 12 22,326 32,558 15 Rèstrl¢tod fund8 The resldcted fvnds of Ihe ¢harity wmprise the unexppnded balances of donations and grants hèld on trust subje¢t10 specific ¢ondttions by do￿r$ as to how they may be used. At 1 March 2023 In¢