**REGISTERED COMPANY NUMBER: 12861216 (England and Wales) REGISTERED CHARITY NUMBER: 1195277**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **FOR**
## **CHABAD OF GREENWICH & DOCKLANDS LIMITED**
Xeinadin Swiss Cottage Limited Harben House Harben Parade Finchley Road LONDON NW3 6LH
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|4|
|**Independent Examiner's Report**||5||
|**Statement of Financial Activities**||6||
|**Balance Sheet**||7||
|**Notes to the Financial Statements**|8|to|12|
**CHABAD OF GREENWICH & DOCKLANDS LIMITED (REGISTERED NUMBER: 12861216)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. 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**
## **Objectives and aims**
- To advance the Orthodox Jewish faith in Greenwich and The Docklands and the surrounding areas for the benefit of the public in accordance with the principles and teachings of Chabad, in particular but not exclusively, through the holding of prayer meetings, public celebration of religious festivals and educational activities and the provision of pastoral care to the local community.
- To further or benefit the residents of Greenwich and The Docklands and the surrounding areas by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
- The prevention or relief of poverty or financial hardship, particularly but not exclusively in Greenwich and The Docklands and the surrounding areas, for example by providing grants, items and/or services to individuals in need and/or charities or other organisations working to prevent or relieve poverty.
Page 1
**CHABAD OF GREENWICH & DOCKLANDS LIMITED (REGISTERED NUMBER: 12861216)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **ACHIEVEMENTS AND PERFORMANCE**
Among our principal achievements during the 2024/25 year were:
Continuing to establish Chabad of Greenwich and Docklands as a vibrant centre for Jewish life through a broad programme of educational, cultural and community events.
o Expanding our Menorah Rental Initiative, enabling local businesses and organisations to publicly celebrate Chanukah, demonstrate support for the Jewish community and promote cultural awareness across the borough.
o Launching the Lamplighter Initiative, encouraging Jewish identity and engagement within workplaces through practical resources and educational opportunities.
o Further developing our programme of women's educational and social events, including the launch of The Element and the Jewish Women in the Arts networking initiative, creating meaningful opportunities for learning, friendship, wellbeing and professional collaboration.
o Providing ongoing pastoral support to individuals and families, including visits, guidance and practical assistance during times of illness, bereavement, financial hardship and other personal challenges, together with care packages for those in need.
o Continuing to deliver weekly prayer services, Friday night dinners, Torah classes and educational programmes for adults and children, strengthening Jewish knowledge, identity and community participation.
o Organising major public celebrations throughout the Jewish calendar, including Chanukah events, public menorah displays, Shofar in the Park, a community Sukkah, Purim celebrations and Passover programmes, creating opportunities for both Jewish and non-Jewish residents to experience and engage with Jewish traditions.
**o Promoting community cohesion** by creating opportunities for people of different faiths and backgrounds to engage positively through educational events, cultural celebrations, volunteering opportunities and partnerships with local organisations, helping to foster greater understanding, reduce prejudice and strengthen connections across Greenwich and the Docklands.
**o Working closely with local businesses, public institutions and civic partners** to ensure Jewish life remains visible, accessible and celebrated within Greenwich and Docklands, promoting diversity, inclusion and mutual understanding while strengthening the area's social and cultural fabric.
o Developing strong partnerships with businesses, schools and organisations across Canary Wharf and Greenwich, broadening the reach of our educational activities while contributing positively to the area's cultural and community life.
o Providing a welcoming home away from home for Jewish visitors and youth groups, offering educational opportunities, hospitality, prayer services and community experiences that enabled many to connect meaningfully with Jewish life during their time in Greenwich and the Docklands, while also strengthening the area's reputation as a welcoming destination.
o Successfully delivering all planned events despite the significantly increased security measures required throughout the year, investing considerable time and resources to ensure that community activities could continue safely and securely.
## **FINANCIAL REVIEW**
## **Reserves policy**
The reserves are set out in the Balance Sheet on page 6 and accompanying notes. The Trustees regularly review the level of cash reserves maintained. The present level of funds is sufficient to support the activities of the charity which depends on the levels of donations being maintained. The unrestricted reserves are held at current levels to maintain positive cash flow and to meet any contingencies requiring immediate expenditure. These are shown in note 10.
## **Going concern**
The financial statements have been prepared on a going concern basis, which assumes that the entity will continue to operate for the foreseeable future. The trustees have considered the entity's current financial position, cash flows and liquidity position, as well as its future plans and projections, and have concluded that it is appropriate to prepare the financial statements on a going concern basis.
Page 2
**CHABAD OF GREENWICH & DOCKLANDS LIMITED (REGISTERED NUMBER: 12861216)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **FUTURE PLANS**
The trustees remain committed not only to sustaining the charity's work but to significantly expanding its impact in the years ahead. As our community continues to grow, we are focused on creating a permanent, welcoming hub that will enable us to deepen our support for the Jewish community while making a lasting contribution to the wider Greenwich and Docklands community. Through innovation, partnership and increased accessibility, we aim to strengthen community cohesion, reduce isolation, encourage volunteering and create opportunities for people of all backgrounds to connect, learn and thrive together.
Our key priorities for the coming years include:
**o Permanent Community Centre:** Securing and developing a permanent community centre remains our highest priority. This dedicated space will provide a welcoming home for worship, education, cultural events, youth activities, community support, interfaith engagement and social initiatives, enabling us to serve both the Jewish community and the wider public more effectively.
**o Expanding Community Programmes:** Building on the success of our existing programmes, we will continue to develop educational, cultural, wellbeing and social initiatives for children, young professionals, families and older adults. We will also increase opportunities for volunteering, civic participation and community engagement.
**o Supporting the Wider Community:** We are committed to strengthening relationships across Greenwich and Docklands by working alongside local organisations, schools, businesses and public bodies. Through educational initiatives, cultural events, volunteering opportunities and practical support, we aim to promote understanding, celebrate diversity, tackle social isolation and help create a stronger, more connected borough for everyone.
**o Kosher Food Accessibility:** We will continue expanding access to kosher food through an enhanced range of products together with workplace and home delivery services, ensuring that kosher food is readily available throughout the area.
**o Menorah Initiative:** Following the success of our Menorah rental programme, we will further expand the initiative by launching a dedicated website, increasing participation from local businesses and public organisations, and enabling even more public displays celebrating Jewish identity, resilience and community spirit.
**o Youth and Young Professionals:** We will continue investing in programmes that support young Jewish adults through learning, networking, leadership development and social opportunities, helping build the next generation of engaged community leaders.
**o The Element:** We will continue to grow The Element, our women's initiative, through educational programmes, networking opportunities, book clubs, wellbeing events and creative experiences that strengthen friendships and empower women within the community.
**o Increased Visibility and Partnerships:** We will continue raising awareness of the charity's services while developing stronger partnerships with businesses, schools, charities and local authorities. These collaborations will enable us to deliver initiatives that benefit the whole community and ensure that anyone looking for support, connection or opportunities to get involved knows where to turn.
**o Stronger Community Connections:** We will create further opportunities for people to build meaningful relationships, support one another and develop lasting friendships. By strengthening these connections, we aim to foster a more resilient, compassionate and inclusive community that benefits both our members and the wider local area.
Through these initiatives, the trustees are confident that Chabad of Greenwich & Docklands will continue to grow as a vibrant centre of Jewish life while serving as a positive force for the whole of Greenwich and Docklands. By bringing people together, supporting those in need and creating opportunities for learning, volunteering and collaboration, we aim to leave a lasting social impact that extends well beyond our own community.
Page 3
**CHABAD OF GREENWICH & DOCKLANDS LIMITED (REGISTERED NUMBER: 12861216)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
Responsibilities of the trustees
In preparing financial statements giving a true and fair view, the trustees should follow best practice and
(a) Select suitable accounting policies and apply them consistently;
(b) Make judgments and estimates that are reasonable and prudent;
(c) State whether applicable accounting standards and statements of recommended practices have been followed, subject to any departures disclosed and explained in the financial statements;
(d) Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
12861216 (England and Wales)
## **Registered Charity number**
1195277
## **Registered office**
62 The Grove Edgware Middlesex HA8 9QB
## **Trustees**
Rabbi D Duboy J A Gilmour
Y D Jacobs
C Joseph
## **Independent Examiner**
Xeinadin Swiss Cottage Limited Harben House Harben Parade Finchley Road LONDON NW3 6LH
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. J A Gilmour - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **Independent examiner's report to the trustees of Chabad of Greenwich and Docklands Limited**
I report to the charity trustees on my examination of the accounts of Chabad of Greenwich and Docklands Limited (the Trust) for the period ended 30 September 2025.
## **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.
Anthony Cowan
Xeinadin Swiss Cottage Limited Harben House Harben Parade Finchley Road LONDON NW3 6LH
Date: .............................................
Page 5
## **CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 109,551 20,000 129,551 142,670
Other trading activities 2 20,481 - 20,481 7,634
Total 130,032 20,000 150,032 150,304
EXPENDITURE ON
Charitable activities
Costs of carrying out the charity's aims 61,601 6,089 67,690 46,737
Other 77,646 - 77,646 89,827
Total 139,247 6,089 145,336 136,564
NET INCOME/(EXPENDITURE) (9,215) 13,911 4,696 13,740
RECONCILIATION OF FUNDS
-
Total funds brought forward 33,804 33,804 20,064
TOTAL FUNDS CARRIED FORWARD 24,589 13,911 38,500 33,804
**----- End of picture text -----**
The notes form part of these financial statements
Page 6
**CHABAD OF GREENWICH & DOCKLANDS LIMITED (REGISTERED NUMBER: 12861216)**
## **BALANCE SHEET 30 SEPTEMBER 2025**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 7 8,356 - 8,356 6,228
CURRENT ASSETS
Debtors 8 22,081 - 22,081 7,126
Cash at bank - 13,911 13,911 22,054
22,081 13,911 35,992 29,180
CREDITORS
Amounts falling due within one year 9 (5,848) - (5,848) (1,604)
NET CURRENT ASSETS 16,233 13,911 30,144 27,576
TOTAL ASSETS LESS CURRENT LIABILITIES 24,589 13,911 38,500 33,804
NET ASSETS 24,589 13,911 38,500 33,804
FUNDS 11
Unrestricted funds 24,589 33,804
Restricted funds 13,911 -
TOTAL FUNDS 38,500 33,804
**----- End of picture text -----**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
J A Gilmour - Trustee
The notes form part of these financial statements
Page 7
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **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**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
**----- Start of picture text -----**
|||
|---|---|
|Menorahs|- Straight line over 6 years|
|Fixtures and fittings|- 25% on reducing balance|
**----- End of picture text -----**
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **2. OTHER TRADING ACTIVITIES**
**----- Start of picture text -----**
||||
|---|---|---|
|2025|2024|
|£|£|
|Other income|20,481|7,634|
**----- End of picture text -----**
continued...
Page 8
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **3. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
**----- Start of picture text -----**
||||
|---|---|---|
|2025|2024|
|£|£|
|Depreciation - owned assets|1,556|1,110|
|Other operating leases|20,916|36,936|
**----- End of picture text -----**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
## **6.**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|2025|2024|
|Management|4|4|
|No employees received emoluments in excess of £60,000.|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND ENDOWMENTS FROM|
|-|
|Donations and legacies|142,670|142,670|
|-|
|Other trading activities|7,634|7,634|
|Total|150,304|-|150,304|
|EXPENDITURE ON|
|Charitable activities|
|Costs of carrying out the charity's aims|40,309|6,428|46,737|
|Other|89,827|-|89,827|
|Total|130,136|6,428|136,564|
|NET INCOME/(EXPENDITURE)|20,168|(6,428)|13,740|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|13,636|6,428|20,064|
|TOTAL FUNDS CARRIED FORWARD|33,804|-|33,804|
**----- End of picture text -----**
continued...
Page 9
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **7. TANGIBLE FIXED ASSETS**
|Menorahs
£
**COST**
At 1 October 2024
**6,113**
Additions
**3,684**
At 30 September 2025
**9,797**
**DEPRECIATION**
At 1 October 2024
**804**
Charge for year
**1,326**
At 30 September 2025
**2,130**
**NET BOOK VALUE**
At 30 September 2025
**7,667**
At 30 September 2024
5,309
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 10)
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
**10.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts|Fixtures
and
fittings
Totals
£
£
**1,366**
**7,479**
**-**
**3,684**
**1,366**
**11,163**
**447**
**1,251**
**230**
**1,556**
**677**
**2,807**
**689**
**8,356**
919
6,228
**2025**
2024
**£**
£
**22,081**
7,126
**2025**
2024
**£**
£
**2,087**
-
**105**
-
**-**
44
**2,096**
-
**1,560**
1,560
**5,848**
1,604
**2025**
2024
**£**
£
**2,087**
-|
|---|---|
continued...
Page 10
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **11. MOVEMENT IN FUNDS**
|At
1.10.24
£
**Unrestricted funds**
General fund
**33,804**
**Restricted funds**
The National Lottery
**-**
**TOTAL FUNDS**
**33,804**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**130,032**
**Restricted funds**
The National Lottery
**20,000**
**TOTAL FUNDS**
**150,032**
**Comparatives for movement in funds**
At
1.10.23
£
**Unrestricted funds**
General fund
13,636
**Restricted funds**
The National Lottery
6,428
**TOTAL FUNDS**
20,064
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
150,304
**Restricted funds**
The National Lottery
-
**TOTAL FUNDS**
150,304|Net
movement
in funds
£
**(9,215)**
**13,911**
**4,696**
Resources
expended
£
**(139,247)**
**(6,089)**
**(145,336)**
Net
movement
in funds
£
20,168
(6,428)
13,740
Resources
expended
£
(130,136)
(6,428)
(136,564)|At
30.9.25
£
**24,589**
**13,911**
**38,500**
Movement
in funds
£
**(9,215)**
**13,911**
**4,696**
At
30.9.24
£
33,804
-
33,804
Movement
in funds
£
20,168
(6,428)
13,740|
|---|---|---|
continued...
Page 11
**CHABAD OF GREENWICH & DOCKLANDS LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
The National Lottery
**TOTAL FUNDS**|Net
At
movement
At
1.10.23
in funds
30.9.25
£
£
£
13,636
10,953
24,589
6,428
7,483
13,911
20,064
18,436
38,500|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
The National Lottery
**TOTAL FUNDS**|Incoming
resources
£
280,336
20,000
300,336|Resources
Movement
expended
in funds
£
£
(269,383)
10,953
(12,517)
7,483
(281,900)
18,436|
|---|---|---|
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 30 September 2025.
Page 12