REGisfERED COMPANY NUMBER: 12861216 (England and Wales) REG[ERED CHARrrY NUMBER: 1195277 REPORT OF THE TRusfEES AND UNAVDftED FIIIANCIAL SfATEMEI(rs FOR THE YEAR ENDED 30 SEPTEMBER 2013 FOR CHABAD OF GREENCH & DOCKLANDS UMfTED KBSP Partrers LLP Har1 House Harten Paraje Road LONtK NW3 6LH
CHABAD OF GREENWICH & DOCKLANDS LIMITED CONTENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Report of the Trustees I to 3 Independent Examinerfs Report Statem•tht of Flnanclal Actl¥llles Balano Sh¢¢t Notes to the Finanaal Statements 7 to 11
CHABAD OF GREENCH & DOCKLANDS LIMITED (REGisfERED NUMBER: 12861216) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023 The trustees who are atso directus of the charrty the purtXX5 of the Companies Act 2(M)6, present their report wrth the financial 5taterrEnts of the charity year ed 30 kpterntEr 2023. The tnJ5tee5 have adorted the provi%ons Accounting and RertThj by chari$.. staten)t of RecOMed PrnCb. apab to charit9 preparing ttr"r accounts in accordance wth the Finarual Rertry &aThYard appknt in the UK ar¥J Republ of IrelyThJ IFRS 102) (effÉttNe l January 20191. OBJECTIVES AND ACllVITIES Objertives and aims - To aLfvance the Orthodox kn'sh farth in (>eeThwKh a1 the 9JrtDunding areas for the beneff( of the public in accordantt th the prirriples ar teachirvJs of in parbcular but rN)t exduyvety, through the holding of prnyer netings, public cekbration of relN)uS f¥5 aThJ etiOnal ath"wts and the provi&on of pathral care to the bcal communty. - To furt or beneflt the resknts of Greenwth The thxklaThJs aThl the mj1)tvj areas by ass(xIa together the saKI residents and the k(al authyitEs, vc4untsry and thr organisations in a comrrKJn effort to advance educatKJn and to provide facilrtie5 in intereas of 1 Wdra for recreatK)n orKJ tsrne Lxcupabon with obmb've of Improvlng the condltjons of lffe for the resldert The pvenOn or 1f of p(Iverty or finarKkil hard4)ip, partthlarty Ixrt not exdug'vely in GnwICh The DocklaThYs and the 9Jrroundlro areas, lor example ty wo¥klitvJ grnnts, items services to Indlvlduals In need andlor charities or other organis3b.cs to prevent or relEve roverty. ACHIEVEMENT AND PERFORMANCE Throughout 2022-23, our charity has rernal steadfast in its commitment to fulfilling its misgon, achieviTrJ remarkable success across a s1M of inbtiatNes. Central to r approach has Ixen a w)found emphals on fostering perwnal connectlons and establishirrfj a robust feedback mechath. ty prkn"r relab"onships, we ensure that our actlons remain firEly attuned to the evofving need5 of toth comnity a1 its indNidual nErntErs. As we nagate twTrJ the chalw d the paTrJernt, has shfted, prOMpr¢j u5 to adapt and Innovate our services, events and projrammes in re%vnse. This rAyst year str1$ as a testament to our agllity and dedicatn, yIeIj sKJnificant aCcomlshnts tINIt re9JNlte deepty wth Ilw we serye. Arnoro our proude51 achieVents.' • Rental transformatKJn of a d£%lKatrd Spa intr) a thbrant communty cfytter, seThlNJ as a hub for connertt)n and engagement. • ExpanOn and enhartement of kosher fry1 ciferitwJ¥ enrKhiNJ the ojlinary e¥wiaKe dents and VItorS allke. • IntrUCtIon of cutturnlty dNerse Friday njht Inr$, pred ty o)rYMnunty mwnbers and refiectiTh) rich taoestry crf t1r origins. EstaiAishment of a (tynamic Sunday %X)I currialum, widiNJ thikIn Ynth invaluable insghts into their Jewish heritage and fosterirKJ fluency in the Hebr&y L3rKJuage. . strnIng of pa(%al siJprK)rt servKes, TI1-1.j of the withr cornmunity during tirnes of challenge and trant)n. . Empowering wornen thrwjh a orYJe tsikTrl Lwents arKI etal pmrnotiry pery)nal growth and communlty CoheOn. • ProM%on of weekty prayer rvtts, fosterirvJ spiriiual (x)nnection and [knon. . Eroagement with local thx4s thrcwh imT9¥e wsts. foriTrJ un(rallrfj diakjjue within the broader edutatKJnal landa. Showcayro of arbstK taknt thin the comrnunty through an enrichiTrJ art exhibthn, (ebrating creatTriity and cuUral exprÈqSK)n. Each of erKleavors repsents a trltIe manffeslabon of our unwaverirKJ commitr(Ent to servirKJ our cnMunity with excellen and com$s)n. As we Iwk ahead. v* remain steadfasi in our dedKatwJn to foster4j thrivingi indu&ve, and reglient communities for getk)n5 to corne.
CHABAD OF GREENCH & DOCKLANDS LIMITED (REGisfERED NUMBER: 12861216) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023 FINANCIAL REVIEW Resetves policy The reserves are Set out in the Barte Sh&t on 6 arml &comparryirvJ rK)tes. The Tntstees regularly wew t level of cath reseNes maintained. The present 1 of fuThJs is 9jffKnt to 9JPP)rt the activ"e5 of the tharty whKh depends on the of (knnatKins beiThJ maintairEd. The unreYJKteil reserves are held at current to maintain t've tash fkjw and to rret any C0ntiThwE$ requiriThJ imrYEdk3te eX[lItU. These are slx)wn in nDte 10. Going concern The financial statements have wepared on a gM)ing coeM ba%s, b¥hich aMe5 that the entity will ctsntinue tr) operate for foresble fure. The tnJstees have con9dered the entiivs cuThent finanaal pOs"0n, cash flows and IKiuidity tK)YtK)n, a5 wdl as its future plans arKI proiertwjns, arKI Ikyve CcrfKlIed Ih3t ar¢Yopriate to prepa the financlal statements on a going concem b. FUTURE PLANS The trustees are fulty Cornmted to mt only sustslnlThJ txrt aly) elevab"ThJ thdr impact as we move fornard. With a clear Vi90n and eadfast deterMinats', we are prysed to embark an exobrttj purrw of expangon and inmvation, guided by the de to 111 our mission arKI obj'ectives (Mptrety. Here's a gllmpse Into our amb1lbL future Flarts: . Enhanced Viybility.. We recognize tl imtK)rtarKe of reachirvJ th0 who may not yet be familiar with ¢)ur vtsl work. To thls end, we will LiurKh a numkor of Inithatwes aimed at raisiThJ awareness ab)ut the servKes supkN)rt we pro¥Ade. ExpaThYed Infrastructure.. (r goal is lo ¢ate spaces tlkit fothr conrrtion, collaix)rnYon, and cwmun engagement. We are workSng to secure a lanjer, more Versatle spKe that can accommodate a wkler array of communal attltS aTrJ gathering& • Kosher Food.. Building on the 9xcess of our kosher offerirrtJs, we a committed to makiThJ this nre aCceSb than ever. In addltDn to exponding our will Intre convenvenl delivery services to workplaces and hornes, ensurfro that everyone can access Kothr f1, WI lled. . Youth Ernkwnrent.. Our dedKab'on to nurturiThJ the xt gerv3t#)n M01n5 unwavering. Recogniziry the unlque needs and aspirath)ns of youNJ Jewish we 11 expaThl cwr ror of events and prc#Jrams ts1 specrfically to their Intwests, foSterrfJ a sense of beloThJirrfJ aThJ emp0htmnt. • GenWh Unfform Swap.. In our owiThJ (nlMert to Imrmrnting waThtility atNI Cmunity g)lidarity, we a proud to announce the laurKh of the GreenwKh Lknrfom Swap Inrtla. Thls Snrw)Vate program wlll faCIlte the exchange of xhool uniforms within the irQh of &eenwKh, reducing wa#e and allevkiting fina41 burdens for familles while fosterfng a sense Lrf camarakne swy)rt yh1n the cotThnunlty. wr(h these initkHtNes and K)re on IK)rizon, we starKI tK)id to realize our viyw of vibrdnt, ir(luswe, a1 thrNirKJ communits where every indmdual is vald emwwaed to nourrth. ToO)er, will continL to 1MeY fotivard, gukled ty our sharaj cornmitrnent to rnakn.rrtj a meaniTrJful dfft in the INes of those we setve. STRucfuRE, GOVERNANCE AND MANAGEMEP RespDngbiIf(S of the teeS In weparlng fina1 statements gfviThJ a tn fair the tntstees fdkny test practice and (al Select rtable accounting tx)IKE5 a1 appty ttEm con5i5tenty; {bl Make judgments and estimates that are rea9)nable prtht; (cl State whether apICable accountirrfj andards and staterrents of rEromwndgJ pCtiS have been fdk)w&l, subject to any departure5 disd05ed a1 expkiw*d in finawKial Stater1ts. {dl Prepare the finaKial statements on a wng CaeM bag.s unless il is apprwate to pregjme that the charfty will 'nue in OFerakn"on. The trustees are responsible for keewThJ ntIng rKords whKh dith with rea9)nable accuracy the financial position of the charity and whth enatrAe tkn to axertain fina?1 p)9tion of t chyrity and which enae thern to ensure that the finanoal staternents comply with appltibk Law aTKJ regulatK)ns. Tlw are akn responsible for safeguarding the assets of the charity aThJ herKe foi tskJ"ThJ rea9)natde steps for the prevents.on and detecb.on of fraud and other Irregularit5.
CHABAD OF GREENCH & DOCKLANDS LIMITED (REGisfERED NUMBER: 12861216) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2023 REFERENCE AND ADMINisfRATIVE DAlLs Registered Company number 12861216 (England arKJ wa5) Registered Charity number 1195277 Registered office 62 Grove Ed9ware Middlesex HA8 gQ8 Trustees Rabbi D Dubov J A Gilmour Y O Jacobs C Joseph Independent Exarnlner KBSP Partners LLP Chartered Accountants Harben Hou* Harben Parade FIh Road LONEON NW3 6LH Approved by order of toard of trwiees ty)............................................. atsj on Its tehaw by.. J A Giimour- Trustee
INDEPENDENT EXAMINER'S REPORTTO THE TRusfEES OF CHABAD OF GREENWICH & D(XKLANDS UmED Independert examinerfs rewt to the tnee5 of Chabad of Greenwich and Docklands Limited I report to the charity trustees on rny exarninatK)n accounts of Chabad of Greenwich and rknWands knrned {the Trust) for period eed 30 September 2023. Reswnsibilities and basis of report As the chanty trustees of the Trust you a yesnble for the Feparnbon of accounts in accordan wth the requirements of the Charf(E5 kt 2011 {IIE l£V). I rep)rt in respect of my examinath)n of the Trust's COUnts (aryd uThJer secbon 145 of the kt and in carying out my examination I have ftlbwed all apicab Directio gNen by the 0rity Commi59on under 5eLtion 14515llbl of the Independent exarniner'$ Statement I have completed my examinatK)n. I confimi that materfral mattets have come to my attenOn In connectk)n wlth the exarnination gNiThJ me cause to that in any rnater43I tESrn: l. AccounUrKJ recd5 re Th)t keFt In res of TrLL%t as sectk)n 130 of the Act; ¢ 2. The accounts do r#Jt accord with those records,. 3. Tl accounts (k) not corn[ with tt applKaik reouirewrws ¢ThMI[J fem awKI Content of accounts set out In the Charttles (Accounts and Rep)rtsl Regulab"ons 2008 other than any wuiretrnt that the accounts gfve a true and falr vW which is rrt)t a matter cons>Jered as 3rt of an IndepeIent examina¢KJn. I have no conS aThJ have come across rn other matters In Cornec0n wth the examInan to whlch attentk)n thould be drawn in this rert in order to enat4e a prorer uTrJeraTrdiry of COUnts to be aChed. AC- Anthony Cowan KBSP Pattrers LLP Chartered Accountants Harben House Harben Parade FihY Road LONtK)N NW3 6LH
CHABAD OF GREENWICH & DOCKLANDS LIMITED srATEMENT OF FIIIANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023 2023 Totsl funds 2022 Total funds ftJThJ tund5 INCOME AND ENDOWMENTS FROM Donation5 and kgacE5 113,347 9,900 123,247 98,073 Other tradirrfj Mt 3,206 3,206 2,666 Total 116.553 9,900 126N53 100,T39 EXPENDITURE ON Charitable activitres Costs of carrying wt charlty'5 alrns 57,411 3A72 60083 32,795 Other 86,726 86,726 35,294 Total 144.137 3,472 147,609 68,089 NEf INCOMEI(EXPENDrnIRE) (27.584) 6,428 (21,156) 32,650 RECONCILIATION OF FUNDS Total fuTrJ5 brought forward 4L220 41,220 8,570 TOTAL FUNDS CARRIED FORWARD 13,636 6,428 20,064 41,220 rKts forrn finarKial gatgrrrts Page 5
CHABAD OF GREENCH & DOCKLANDS LIMITED (REGisfERED NUMBER: 12861216) BALANCE SHEET 30 SEPTEMBER 2023 2023 Totsl funds 2022 Total funds ftJThJ tund5 FIXED ASSETS TaryiNe assets 225 1,225 CVRRENT ASSErs Debtors Cash at bank 2024 19,026 11598 6B28 43,145 15A22 6A28 21050 43,145 CREDITORS Arnounts falling due wlthin one year (3,011) (3,011) 11,9251 NEf CURREpif ASSErs 11411 6,428 18039 41,220 TOTAL ASSETS LESS CURRE14T LIABILrnES 13,636 6,428 20,064 41,220 NEf ASSETS 13,636 6,428 20,064 41,220 FUNDS Unrestricted funds Restrlcted funds io 13,630 6,428 41,220 TOTAL FUNDS 20,064 41,220 The tharf(at4e company Is entytkd to ¢¥emplw fmm alIt Sec1b 477 of the Companies Act 2¢X6 for the year ended 30 September 2023. The member5 have nol uld the compary to obtr an aLK1rt of ts finatKlal strtents for t year ended 30 September 2023 In CcIdare wtth Secth)n 476 of the Companks kt 2C#J6. The truths acknowled their resp)n&'1S for (al ensurtThJ that the charbtat4e company keeps accountr.ro rordS that compty wlth Secuons 386 and 387 of the Q)mpanies Art 2tK)6 and preparirKJ financial statements whKh gNe a trt and fair view of the state of affaTrs of the charitable company as at the end of each f1narKkil year aThJ of rts 9Jrplus or defKrt for each financial year In accordarKe wY(h the requirernents of SectK)ns 394 arKJ 395 arKI whKh 0rwise cornr wth ttE requirenrnts of the Compan5 Act 2006 relatiffj to finamal statements. far as aFylKable to charitsble company. (bl These financial staternents have in in aX0rda ttt proviwns appltalk to charitable Cornpan$ subject to cc4npans regime. The fina1 staternents were awKoved try Board of arm1 autlK)rised for issue on .AQ1.Q.2AI1...................... aThJ were ned on ts tehaw by: J A Gilmour- Trustee rKts forrn finarKial gatgrrtts Page 6
CHABAD OF GREENWICH & DOCKLANDS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 ACCOUNTING K1clEs Basis of preparing the finantial statements The financial statements of the chantable company, is a tenefft entty under FRS 102, have been prepad in m)rth wth the Charrties SORP IFRS 102) AccounbrY4 and RetNYt'rYJ by (Jaritie5'. 5taternent of Recommend Prartite to charitEs preparirvJ th2ir actounts in accordance with the Financial Reporting stsard apF4Kable in the UK aTrJ Republic of Ireland IFRS 1021 lefftith L January 20191,, Financwl Reporting Standard 102 Tr Fina101 Rewrb'rvj StarKJard in UK arKI RepuNic of IreL4rQ' arKI the CornpanEs Art 26. Tr financral statertts have In prepared the histrxical conventk)n. Income l income Is recognlsed Sn the Statement of FinarKLal ActIV On charlty has entIEnt to the funds, It Is probab that the income will be receNed aThJ the anKJunt can be nRa9Jred tEliably. Expèndlture LiabilrtEs are reccJnised as expeThJrture as 9xJn as there s a legal or CltIve obligatn committing the charty to that experKlliu, rt is probabk that a tran4er of euyx)mic rits will required in settkment and the amount of the obllgatk)n can be ftW9j relh?bty. Expndrture Is accounted for on an accruals baS and has been clasyfied under headirgs that aggre93te all cost retsted to the categcry. Where costs canTr)t be direc attributed to partular WiNJs tlw have been alkoted to actrths on a bag's consstent with the use Of reSoUrs. Tanglblè Ilx¢d assets Depreciation LS pyovided at the folknYlThJ annual rates In to wrfte clf e asset over rts esumated useful lrfe. xtures and ffttyrrfjs 25% on r8Judr4J bahn Taxation The charty Is exempt from coryKJrats)n tax on ts Chantab acUvltye& Fund accountlno Unrestricted funds can te used in cCIdae wth the thar*abbe cèftctfves at direon of the tr¢J5tees. Restrfrted can onty te used for parlKubr re51wKtsJ wrthin objects of the charfty. Restrirtions arfse when SFeclfied by donor N when a ralsed for parttuhr rettted purp& Further eXplanaCl} of the nature aThJ fuThJ & (le in the t5 to the finarKhi1 statements. Hire purchage and lea9ing cornmitrnents Rentsls pa under operabNJ leases are clwgoj to the Staternt of FInala1 Activ on a straight Ilne baas over the Ferbd of the lease. OTHER TRADING ACTivrriES 2023 2022 Other Income 3.206 continued...
CHABAD OF GREENWICH & DOCKLANDS LIMITED NOTES TO THE FINANCIAL STATeMeNTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2023 INCOMEI(EXPENDThURE) Net incornellexperKJiturel is ststed after thargiTh(treditir¥J): 2023 2022 Depreciation - owned assets Other otErab'ng leases 141 35,723 13,004 TRvsfEES' REMUNERATION AND BENEFITS There were Th) truths. rernwatKJn or cther teneffts for the Itar eThJ&J 30 September 2023 rK)r for the year ended 30 September 2022. There were no trustees, expenses pald for the year 30 SeptTr 2023 Th)r for the year ended 30 September 2022. srAFF COS The average nK)nthfy number cl •nr4tyets durtNJ year w4$ Js fc•)ws: 2023 2022 MaThigement No employees recdved enbjUnts in excess of £60,C(¥). COMPAPATIVES FOR THE sfATEMENf OF FINANCIAL ACTivrriES Unre#rKted Restricted fuThJ fuThJs Totsl funds INCOME AND ENDOWMEpifs FROM Donadons aTrJ legacks 98,073 98,073 Other tradlro activitEs 2,666 Totsl 100,739 l(J),739 EXPENDITURE ON Charitable activities Co*s ofcatyrrfj ¢xrt the charws alm5 27,981 4,814 32,795 Other 3S,294 35,294 Total 63,275 4,814 68,089 NEf IllCOMEI{EXPENDrnIRE) 37.464 (4,8141 32,650 RECONCIUATION OF FVNDS Total fvThJs brought foNRrd 3,756 4,814 8,570 TOTAL FUNDS CARRIED FORWARD 41,220 41,220 continued...
CHABAD OF GREENWICH & DOCKLANDS LIMITED NOTES TO THE FINANCIAL STATeMeNTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2023 TANGIBLE FIXED ASSErs xtures and fitb.ngs Addith)ns 1,366 DEPRECIATION Charge for year 141 NEf BOOK VALUE At 30 September 2023 1,225 At 30 September 2022 DEBTORS: AMOUNTS FALUNG DUE WftHIII ONE YEAR 2023 2022 Prepayments and Ued IrKon 1824 CREDffORS: AMOUNTS FALUNG DVE WTTHIN ONE YEAR 2023 2022 Other uedbtors Accrued exper L451 ¥560 281 3,011 1,925 10. MOVEMENT IN FUNDS Net ftY)vement In funds 1.10.22 30.9.23 Unrnstrfthd lunds General fund 4L220 (27,584) 13,636 Restrfct•d funds The National Lottery 6,428 6,428 TOTAL FUNDS 41,220 (21,156) 20,064 Net MoVent In fuTrJs, IlL In the ate are as folbw&' tKomlr4J Rey)ur exwded Movement in funds Unrestrlrted funds General fund 116,553 (144,137) {27,584) Restricted funds The National Lottery 9,900 (3rt72) 6,428 TOTAL FVNDS 126853 (147,609) (21,156) continued...
CHABAD OF GREENWICH & DOCKLANDS LIMITED NOTES TO THE FINANCIAL STATeMeNTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2023 io. MOVEME1 IN FUNDS- continued Comparatives for mo¥ernent in funds Net movement in funds 1.10.21 30.9.22 unrestrict lunds General fur 3.756 37.464 41,220 Restrlct•d funds Events OeanirvJ and infertK)n ¢tr PrOfeonal develop7t 4,247 514 53 14,247) 1514) 153) 4,814 14,814} TOTAL FUNDS 8,570 32,650 41,220 Comparattve net rth)vement In fuTrJ5, iludj in the alw are as fclbyws: Ir0M1rrfj Re9)Ur Movement exFended In funds UnreSt¢t•d lunds General fund ICQ,739 163,275) 37,464 Restrlcted funds Events CkaniNJ and infection cr01 profeSOnal developyrtht 14,247) {514) 153) 14,2471 15141 1531 14,814) 14,8141 TOTAL FUNDS IC(1,739 168,089) 32,650 A current year 12 mrmths wr year 12 fthmths ethntrA wstk)n is as fdltyys.. Net movement in funds 1.10.21 30.9.23 Unrestrithd funds General fuThJ 3,7% 13,636 Restricted funds Events aeanirrfj and infecbon contr ProfeOnal develtstxYnt The Nakn"onal Lottery 4,247 514 14,247} (514) {53} 6,428 6,428 4.814 1,614 6,428 TOTAL FVNDS 8,570 11,494 20, io continued...
CHABAD OF GREENWICH & DOCKLANDS LIMITED NOTES TO THE FINANCIAL STATeMeNTS- continued FOR THE YEAR ENDED 30 SEPTEMBER 2023 io. MOVEME1 IN FUNDS- continued A current year 12 rTK)ntss arKJ prK year 12 i)Nlxrd r*t [Mert in fvr%Ys, irKJuded in the above a as follows.. tl)M1J exwded in funds unrestrict lunds General fur 217,292 1207,412) Restrlct•d funds Events CkanirvJ and infection ¢tr Profesonal deve1ow1t The National Lottery 14,247) {514) 153) 13,472) (4,2471 15141 1531 6,428 18,286) 1,614 TOTAL FVNDS 227,192 1215,698) 11. RELATED PARTY DISCLOSVRES There We rK) relat1 party transaction5 year eTrJ8J 30 Sertemiw 2023. p11