Chabad House of Hendon
Charity No. 1197396
Company No. CE027857
Trustees' Report and Unaudited Accounts
31 December 2024
Chabad House of Hendon Contents
| Pages | ||
|---|---|---|
| Trustees' Annual Report | 2 to 5 | |
| Independent Examiner's Report | 6 | |
| Statement of Financial Activities | 7 | |
| Balance Sheet | 8 | |
| Notes to the Accounts | 9 to | 14 |
| Detailed Statement of Financial Activities | 15 to | 16 |
Page 1
Chabad House of Hendon Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE027857
Charity No. 1197396
Registered Office
Chabad Lubavitch House 112-114 Brent Street
London NW4 2DT
Directors and Trustees
The Directors of the charitable company are its Trustees for the purposes of charity law.
The following Directors and Trustees served during the year:
I. Ben-Ze'ev
A. Graham
B. Sovin
Chabad Lubavitch UK
Accountants
Pollock Accounting Ltd 3 - 4 Sentinel Square London NW4 2EL
OBJECTIVES AND ACTIVITIES
The Advancement of the Orthodox Jewish Faith in accordance with the principles and teachings of Chabad by facilitating educational, social and welfare activities for the Jewish people that will build and strengthen a meaningful relationship to their heritage. This is also recognised by English law as charitable.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
Summary of key activities
Chabad House of Hendon continues to see rises in attendance of its classes, services and special events throughout the year.
Page 2
Chabad House of Hendon Trustees Annual Report
Public Benefit
The Trustee and its officers have regard to Section 17 of the Charities Act 2011 and the Charity Commission’s guidance on public benefit in delivering the charity’s various activities and consider that the ‘open door’ approach when reaching out to beneficiaries across the community reflect and fulfils the Charity’s legal obligation to ensure that there is a public benefit in everything that the Charity strives to do.
Our Thanks…
We are grateful to all those who have given so much time and commitment to the advancement of the Charity and its objectives, specifically through the challenging times of the Pandemic. Our team members who have often selflessly put aside their personal needs and worked together to realise some of the Charity’s key aspirations and targets.
ACHIEVEMENTS AND PERFORMANCE
In the period until 31 December 2024 our Charity received total income of £137,955. The total expenditure in the year was £147,710 so the charity had a reduction in resources of £9,755.
Chabad of Hendon provided Jewish Educational classes, cultural resources, welfare resources and religious services in and around Hendon. Our events and programmes have continued to grow in popularity and attendance. Including hosting regular Festive meals and regular events.
We estimate that over the year Chabad of Hendon has hosted over 2,200 people at its various programmes and events, people from a wide variety of backgrounds and social / economic situations.
All our activities are in accordance with our Charity guidelines and promotes kindness, non-Judgemental open-door policy, respect to one another, family unity, charity, and peace.
As part of its remit, Chabad of Hendon has once again this year provided Jewish Educational classes, cultural resources, welfare resources and religious services in and around Hendon. Our events and programmes have continued to grow in popularity and attendance. Including hosting regular Festive meals and regular events.
We estimate that over the year Chabad of Hendon has hosted over 2500 people at its various programmes and events, people from a wide variety of backgrounds and social / economic situations.
All our activities are in accordance with our Charity guidelines and promotes kindness, non-Judgemental open-door policy, respect to one another, family unity, charity, and peace.
Adult Education
Our mission is to make Jewish knowledge accessible and personally meaningful to everyone regardless of background or affiliation, through classes and one to one learning and utilises multimedia in an array of approaches to captivate, educate and to emotionally stimulate all kind of minds in a vibrant Jewish learning experience. Normally those classes are held in in person at our centre however due to the Lockdown rules, we continued the classes online via Zoom.
Page 3
Chabad House of Hendon Trustees Annual Report
REGULAR WEEKLY CLASSES AT CHABAD HOUSE
Sunday: Introduction to Talmud class
Monday: 1-to-1 Learning 8pm-9pm
Tuesday: Shiur n'Shmooz with Rabbi Overlander 9:15pm
Wednesday: Lunch and Learn with Rabbi Schochet Men/Women in person and on Zoom 1pm
Wednesday: Torah Explorations with Rabbi Fuchs 8:00pm on Zoom
Thursday: Women's Parsha Class with Rabbi Overlander 11am at 6 Elms Ave and on Zoom
Shabbat Services and Classes are continuing to grow as well as weekly Kiddushim and Fabrengens.
Welfare Assistance
In a thoughtful and discreet manner, we provide a community welfare assistance. Our assistance includes providing financial support to needy families and also offering a listening empathetic ear and counselling when required.
Highlights:
Purim 2024 :
Family Communal banquet was attended by approximately 70 people on Purim Day. We distributed over 30 larger holiday gifts (Mishlach Manos) to our Community Friends and Supporters and another 75 small ones at the communal banquet
Pesach 2024:
Before Passover, we distributed 60 pounds (about 250 boxes) of hand baked Shmura Matza to families before the Holiday. Finanacial aid was also distributed to families in the area to help with Yom Tov The Annual Communal traditional SEDER was attended by approximately 50 – 60 people.
Shavuos 2024
Special cheesecake Kiddush and children’s programme.
Summer 2024
Our annual Charity Extra Fund-Raising Event raised approximately £55k.
Further (minor) upgrades of the physical features of the Chabad House:
A Pre- Selichos Fabrengen at the Chabad House was once again led by Rabbi Carlebach from Chabad of Greenwich.
September – October 2024
Tishrei was very busy and exciting and we have had a successful Yomim Noraim.
As usual There was a communal Sukkah in Sentinel Square.
The Annual Simchas Beis Hashoeva with two extra popular singers was one of the biggest for years and attracted around seven hundred people throughout the evening.
Special Kiddushim sponsored by the Chosson Torah and Chosson Bereshis.
Page 4
Chabad House of Hendon Trustees Annual Report
Chanukah 2024
Once again we installed Menorahs in 6 locations, including Hendon Town Hall, Tesco Brent Cross, Shirehall Roundabout, Brent Street by the Pillar Hotel and a new large Menorah at the Chabad House of Hendon. Our flagship Giant Menorah was at Brent Cross Shopping Centre is the highlight of Chanukah for so many. There were 2 events associated with Chanukah
1) a party at Chabad House – about 70 people
- 2) Town Hall with Counsellors and the Mayor – about 50 people
LADIES EVENTS
Mrs Overlander continues to organize successful events for women in Chabad House In February there was a mosaic making workshop In June Mrs Peninan Efune spoke at an art workshop
In December was a workshop at Ceramix in Sentinel square with Rabbi Overlander speaking
FINANCIAL REVIEW
As at the year end the Charity had unrestricted reserves of £31,586 (2023: £41,341) which the Charity believes is sufficient to continue running its day to day activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Chabad House of Hendon is a CIO that was established on 7 January 2022. The objectives of the charity are the advancement of Orthodox Jewish education and faith in accordance with the principles and teachings of Chabad in such ways are are exclusively charitable in English Law and in particular but not exclusively providing services to Jewish people living in the Hendon area.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the board
I. Ben-Ze'ev Trustee 18 September 2025
Page 5
Chabad House of Hendon Independent Examiners Report
Independent Examiner's Report to the trustees of Chabad House of Hendon
I report to the charity trustees on my examination of the financial statements of Chabad House of Hendon for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements.
Having satisfied myself that the financial statements of the Charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in accordance ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 financial statements to be reached.
David Pollock FCMA
Chartered Institute of Management Accountants Pollock Accounting Ltd
3 - 4 Sentinel Square London
NW4 2EL
18 September 2025
Page 6
Chabad House of Hendon Statement of Financial Activities
for the year ended 31 December 2024
| Notes Income and endowments from: Donations and legacies 4 Investments 5 Other 6 Total Expenditure on: Raising funds 7 Charitable activities 8 Other 9 Total Net gains on investments Net (expenditure)/income 10 Transfers between funds Net (expenditure)/income before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2024 £ 131,691 756 5,508 |
Total funds 2024 £ 131,691 756 5,508 |
Total funds 2023 £ 137,464 2,083 6,464 |
|---|---|---|---|
| 137,955 1,789 22,201 123,869 |
137,955 1,789 22,201 123,869 |
146,011 1,860 21,845 106,339 |
|
| 147,859 - |
147,859 - |
130,044 - |
|
| (9,904) - |
(9,904) - |
15,967 - |
|
| (9,904) | (9,904) | 15,967 | |
| (9,904) 41,341 |
(9,904) 41,341 |
15,967 25,374 |
|
| 31,437 | 31,437 | 41,341 |
Page 7
Chabad House of Hendon Balance Sheet
at 31 December 2024
| Company No. CE027857 Notes 2024 £ Fixed assets Tangible assets 12 448 448 Current assets Cash at bank and in hand 55,056 55,056 Creditors:Amount falling due within one year 13 (24,067) Net current assets 30,989 Total assets less current liabilities 31,437 Net assets excluding pension asset or liability 31,437 Total net assets 31,437 The funds of the charity Restricted funds 14 Unrestricted funds 14 General funds 31,437 31,437 Reserves 14 Total funds 31,437 |
2023 £ 597 |
|---|---|
| 597 45,895 |
|
| 45,895 (5,151) |
|
| 40,744 41,341 |
|
| 41,341 | |
| 41,341 | |
| 41,341 | |
| 41,341 | |
| 41,341 |
Approved by the board on 18 September 2025
And signed on its behalf by:
I. Ben-Ze'ev Trustee 18 September 2025
Page 8
Chabad House of Hendon Notes to the Accounts
for the year ended 31 December 2024
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 9
Chabad House of Hendon Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
Page 10
Chabad House of Hendon
Notes to the Accounts
3 Statement of Financial Activities - prior year
| 3 Statement of Financial Activities - prior year |
|||
|---|---|---|---|
| Income and endowments from: Donations and legacies Investments Other Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations 5 Income from investments Interest Received Property rental |
Unrestricted £ 131,691 131,691 Unrestricted £ 756 - 756 |
Unrestricted funds 2023 £ 137,464 2,083 6,464 146,011 1,860 21,845 106,339 130,044 15,967 15,967 15,967 25,374 41,341 Total 2024 £ 131,691 131,691 Total 2024 £ 756 - 756 |
Total funds 2023 £ 137,464 2,083 6,464 |
| 146,011 1,860 21,845 106,339 |
|||
| 130,044 | |||
| 15,967 | |||
| 15,967 | |||
| 15,967 25,374 |
|||
| 41,341 | |||
| Total 2023 £ 137,464 |
|||
| 137,464 | |||
| Total 2023 £ 383 1,700 |
|||
| 2,083 |
Page 11
Chabad House of Hendon Notes to the Accounts
6 Other income
| Grants received 7 Expenditure on raising funds Costs of generating voluntary income Donations Fundraising trading costs Fundraising activities 8 Expenditure on charitable activities Expenditure on charitable activities Community events 9 Other expenditure Bank loan and overdraft interest payable Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs |
Unrestricted £ 5,508 5,508 |
Total 2024 £ 5,508 5,508 |
Total 2023 £ 6,464 |
|---|---|---|---|
| 6,464 | |||
| Unrestricted £ 1,167 622 1,789 Unrestricted £ 22,201 22,201 Unrestricted £ 94 4,027 58,080 149 7,537 10,324 80,211 |
Total 2024 £ 1,167 622 1,789 Total 2024 £ 22,201 22,201 Total 2024 £ 94 4,027 58,080 149 7,537 10,324 80,211 |
Total 2023 £ 1,860 - |
|
| 1,860 | |||
| Total 2023 £ 21,845 |
|||
| 21,845 | |||
| Total 2023 £ 79 3,369 50,122 - 4,010 15,067 |
|||
| 72,647 |
Page 12
Chabad House of Hendon Notes to the Accounts
| 10 | Net (expenditure)/income before transfers | ||
|---|---|---|---|
| 2024 | 2023 | ||
| This is stated after charging: | £ | £ | |
| Depreciation of owned fixed assets | 149 | - | |
| 11 | Staff costs | ||
| 2024 | 2023 | ||
| Salaries and wages | 34,790 | 26,280 | |
| 34,790 | 26,280 | ||
| No employee received emoluments in excess of £60,000. | |||
| The average monthly number of full time equivalent employees | during the year was as follows: | ||
| 2024 | 2023 | ||
| Number | Number | ||
| Administrative | 2 | 2 | |
| 2 | 2 | ||
| 12 | Tangible fixed assets | ||
| £ | £ | ||
| Cost or revaluation | |||
| At 1 January 2024 | 597 | 597 | |
| At 31 December 2024 | 597 | 597 | |
| Depreciation and | |||
| impairment | |||
| Depreciation charge for the | 149 | 149 | |
| year | |||
| At 31 December 2024 | 149 | 149 | |
| Net book values | |||
| At 31 December 2024 | 448 | 448 | |
| At 31 December 2023 | 597 | 597 | |
| 13 | Creditors: | ||
| amounts falling due within one year | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Bank loans and overdrafts | - | 4,869 | |
| Other taxes and social security | 2,989 | 2,655 | |
| Other creditors | 19,878 | (3,573) | |
| Accruals | 1,200 | 1,200 | |
| 24,067 | 5,151 |
Page 13
Chabad House of Hendon Notes to the Accounts
14 Movement in funds
| Restricted funds: Unrestricted funds: General funds Total funds 15 Analysis of net assets between funds Fixed assets Net current assets 16 Reconciliation of net debt Cash and cash equivalents Bank overdrafts Net debt |
At 1 January 2024 41,341 41,341 |
Incoming resources (including other gains/losses ) £ 137,955 137,955 At 1 January 2024 £ |
Resources expended £ (147,859) (147,859) Unrestricted funds £ 448 30,989 31,437 Cash flows £ |
At 31 December 2024 £ 31,437 |
|---|---|---|---|---|
| 31,437 | ||||
| Total £ 448 30,989 |
||||
| 31,437 | ||||
| At 31 December 2024 £ |
||||
| 45,895 | 9,161 | 55,056 | ||
| (4,869) | 4,869 | - | ||
| 41,026 41,026 |
14,030 14,030 |
55,056 | ||
| 55,056 |
17 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital; thus no single party controls the company.
Page 14