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Chabad of Finchley Trustees Annual Report and Accounts 2023

info@chabadfinchley.com 0203 720 7766 www.chabadfinchley.com Chabad of Finchley is a registered charity: 1197411

Trustees:

Mr Alistair Green

Mr Eli Itzinger

Rabbi Boruch Altein

Mr Levi Issac Weinman

The Trustees named on page one have served throughout the year unless indicated otherwise.

Appointment of Trustees is governed by the Constitution of the charity. The Board of Trustees is authorised to appoint new Trustees to fill vacancies arising from the resignation or death of an existing Trustee.

The Constitution authorises the Trustees to make or hold investments in the general funds of the charity.

Description of Organisation:

Chabad of Finchley was launched in November 2013 and was registered independently with the Charity Commission as a CIO on 10 January 2022 under registration number 1197411. The constitution was last updated and modified in January 2022.

Organisational chart

Trustees - Hold the charity to its stated goals and ensure its compliance with all necessary laws and regulations
a. Mr Alistair Green
b. Mr Eli Itzinger
c. Rabbi Boruch Altein

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Chabad of Finchley is a registered charity: 1197411

d. Mr Levi Issac Weinman

i. Co-directors and managers - have been selected by the trustees to lead the charity in implementing its goals
Rabbi Mechel Gancz - Co-Director
Mrs. Roize Gancz - Co-director
- a. Third-party service providers - contracted on an individual basis to perform various services on behalf of the charity
- b. Volunteers and community members - who partake and offer their services on behalf of the charity

Constitution, objectives, policies and public benefit:

The Charity is governed by a constitution and its objectives are:

(a) The advancement the Jewish religion for the benefit of the public, including through communal prayers, lectures, and celebration of festivals.

(b) Provision of education to adults and children in the heritage, culture and language of Judaism.

We have an open door policy for all our activities welcoming both members and people with no affiliation. Further details of our activities for the benefit of the public particularly in community cohesion, can be found later in this report.

The policy of the Charity continues to be to seek additional finance and support to enable it to continue and expand its objectives and activities.

The Charity’s main sources of income are from members’ donations and grants received from charitable trusts.

Fund Raising

The charities fundraising is primarily carried out by Rabbi Mechel Gancz, through direct approaches to individuals and other charitable trusts. This year, the fundraising objectives were met. No complaints were received about the nature of fundraising carried out on behalf of the Charity.

A grant was received from the following Charitable Trusts and foundations.

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Chabad of Finchley is a registered charity: 1197411

John Lyons Charity.

The Trustees are grateful to all the benefactors whose generous contributions remain an important element in the ability of the charity to continue its work.

Changes in policy

The Charity’s policies have remained the same throughout the year.

Organisational structure and Management of the Charity

The Management of the Charity is vested in the trustees, comprised of four members elected for a period of nine years. The trustees have experience in a wide variety of fields and possess a broad range of knowledge and expertise that is of great help in the management of our affairs.

The Trustees and the Rabbi meet regularly to discuss any relevant matters. The day-to-day management of the charity is delegated to staff.

Charity Governance Code

The third edition of the code for charities was published in July 2017. The code lays out seven key areas of governance together with recommended practice for each principle. The Trustee have considered each principle to satisfy themselves that the Charity’s current governance structure explained below satisfactorily addresses each of these principles and, where appropriate, what enhancements might be made.

Risk Management and Child Protection Policies

The trustees have examined the major strategic, business and operational risks that the charity faces and confirm that systems have been established to enable regular reviews to be carried out so that the necessary steps can be taken to lessen these risks.

In particular, insurance cover is in place and the finances of the charity are kept under review. Appropriate Disclosure and Barring Service (DBS) checks, supported by regularly reviewed policies, are made for all those who work with children or other vulnerable groups. All volunteers who work with children or vulnerable adults undergo training and hold certificates confirming that they have received the level of training appropriate to their work.

The charity has appointed a suitably trained member of staff to act as the Designated Safeguarding lead for both children and vulnerable adults. All new employees and volunteers are given an induction into the charities policies and procedures and existing

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Chabad of Finchley is a registered charity: 1197411

employees and volunteers all undertake an annual review of all policies that are applicable to them. Copies of all are policies are available on request.

Statement of Trustees’ Responsibilities

The Trustees are required under the Charities Act 1993 and the constitution of the charity to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its results for the period. In preparing those financial statements the Trustees are required to:

(a) Select suitable accounting policies and apply them consistently.

(b) Make judgments and estimates that are reasonable and prudent.

(c) Prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business.

(d) Prepare the financial statements in accordance with all applicable financial reporting standards, statements of standard accounting practice and charity statements of recommended practice.

Finances

Our accounts are prepared on an income and a receipts and payments basis in line with the Charities Commission guidelines for small charities (income below £250,000).

As our main work is with an unaffiliated population, we do not rely on a membership for income, but on voluntary contributions and grants. Some income is also received from event fees.

Due to the increase in demand over time, we have increased our spending on personnel and venue costs to enable a greater impact.

Area of Operation

Chabad of Finchley focuses on the Jewish populations of all areas in Finchley including Finchley Central, West Finchley, North Finchley and East Finchley. We open our activities to all-comers irrespective of whether or not they are formally affiliated with the community.

Review of Activities

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Chabad of Finchley is a registered charity: 1197411

This year was a year of growth and development in the scope of activities we offer. It was also a year of focusing on bettering our in-office procedures and systems to ensure the smooth running of the organisation.

We have continued to work in accordance with the stated aims of the charity, which are promoting Jewish worship, education, community welfare and social support. Our activities can broadly be divided into two categories. Those that service the religious and spiritual needs of our members and those of a cultural and social nature which on the whole are nondenominational and open to all-comers. Our community welfare and social support activities are non-denominational and are kept separate from the religious side of our activities.

The trustees have reviewed the objectives and activities of the charity to ensure they continue to reflect our aims. In carrying out this review the trustees have considered the Charity Commission’s general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.

INCOME

Grants

In December 2022 we received a grant of £4000 from the John Lyons Charity Trust, to provide a winter camp for children who would otherwise not have a structured winter holiday programme.

This grant enabled us to provide warm meals, safe activities, and new experiences for 30 children from low income families in the local area.

Donations

A number of individuals contributed toward the operating costs of Chabad. There were three overall approaches donors took:

Once a year or more. A number of donors chose to make a contribution toward the charity either once annually, or in connection with various times of the year - but not on a regular basis.
Monthly giving. Some donors chose to join the Monthly giving program, wherein they give a contribution on a monthly basis, typically by standing order. This year it remained relatively small, with approximately 10 participants.
Crowdfunding campaign. In the summer of 2023 Chabad Finchley its annual crowdfunding campaign and, and raised nearly £50,000 in funds, to assist in activities throughout the year. There were approximately 250 participants.

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Chabad of Finchley is a registered charity: 1197411

Sum total of donations received. £66,174

Event fees

A further £16,776 was brought in via event fees, hall hire and other Religious services provided over the year.

COSTS

There were approximately £58,000 in expenses for the assorted range of activities throughout the year. These covered direct sales items, as well as advertising & marketing, various administrative fees, programme costs (supplies, food etc), IT and other tech products, necessary travel and so on.

There was approximately £25,000 in building fees, covering a base of operations, office, and hired venues for various programmes.

The overall goals of the charity were reached, including in reaching out to new donors and using funds generated to further the scope and breadth of the charity’s activities and impact in the community, as will be laid out below.

ACTIVITIES

The main activities of this year were

1. CELEBRATING FESTIVALS WITH JEWISH PRIDE

Bringing the Jewish community together is one of the core goals of the charity. Throughout the annual cycle of Jewish festivals, Chabad brought together the community at various events and activities, some geared for adults and some for families. For instance:

Chanukah

Chanukah Community Lighting

The community gathered at Victoria Park for our annual lighting. We enjoyed a fire show and created a graffiti art menorah. We were joined by council members and dignitaries from Finchley.

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Chabad of Finchley is a registered charity: 1197411

Chanukah at East Finchley

We hosted a Menorah lighting on the East Finchley High Street with music and refreshments.

Children’s party

Children enjoyed an event with crafts and cooking for Chanukah

Menorah at Tesco

We put up a Menorah display at Tesco. We also set up a table with free Menorah kits and literature for people to take.

House visits

We visit local families at their homes bringing them chanukah treats and joy.

Tu Bishvat

We hosted a craft event for ladies featuring a speaker and the seven special species.

Purim

Cocktail Evening Event

We hosted a beautiful event for Purim Eve with Megillah reading and cocktails.

There was a beautiful atmosphere and purim spirit.

Family Event at Clown Town

We hosted a family event at a local soft play with Megillah reading, a meal and entertainment and crafts. A wonderful event!

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Chabad of Finchley is a registered charity: 1197411

Passover

Community Seder

We hosted a large community Seder with over 60 individuals joining

Matzah Drive

We delivered Shmurah Matzah packages to hundreds of homes in the area. We also distributed child size Matzah gifts at the local Jewish schools.

Lag Ba’omer

Kings Coronation

As Lag B’omer overlapped with the Kings Coronation weekend, we hosted a BBQ for invidiuals and families with food, a soft play bus and a Royal Quiz.

Shavuot

Adults and families joined for an amazing diary tea buffet in honour of Shavuot. We read the 10 Commandments.

Rosh Hashanah and Yom Kippur

Services

We hosted both day services followed by a buffet Kiddush. Both days there was a children's programme filled with activities, games and stories centred around the themes of the day

Shofar in the park and street shofars

We blew the shofar at three parks around Finchley. We also blew at the Nursing home and at Private homes for the homebound.

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Chabad of Finchley is a registered charity: 1197411

Sukkot

Guests in our Sukkah

Throughout Sukkot we hosted over 80 individuals in our Sukkah for meals and to enjoy the Sukkot holiday

School visits

We visited local schools after home time to offer families the chance to shake the lulav

Family party

We hosted a BBQ in the sukkah for families.

2. GENERAL COMMUNITY TOGETHERNESS

Shabbos meals

We hosted many Shabbat meals with members of the community.

We served a sit down Kiddush weekly, after morning services.

Coffee meets and individual reaching out

We put a large focus on reaching out to individuals and met up with many people for coffee and to connect on an individual basis.

Weddings

Officiated our first community wedding

3. CARING FOR THE VULNERABLE

Hospital Visits

Throughout the year, Rabbi Gancz regulary visits patients at the Finchley memorial hospital

Food packages

Throughout the year, packages of fresh Shabbat challah and

homemade chicken soup were delivered to those who could use extra care

Home visits

Throughout the year, Rabbi Gancz regular visits individuals in their homes to offer pastoral care.

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Chabad of Finchley is a registered charity: 1197411

4. EDUCATION FOR ALL AGES

Weekly Torah and Kabbalah class presented by Rabbi Gancz on zoom

Rosh Chodesh Society Course

The Rosh Chodesh Society meets monthly for a text based Torah class presented by Mrs Roizy Gancz. There are refreshments and themed décor.

Guest speakers

We hosted local speakers as well as visitors to the UK Sarah Esther Crispe- Communication Mrs Chana Weisberg – love and relationships in the Torah Hadassah Chen - Her life story

5. CHILDREN’S ACTIVITIES

Launch of JUDA – a weekly Sunday morning club for children.

Half term crafternoons

Successful Summer and Winter Camps. 25-30 children for Winter Camp at the Chabad Centre

180 children for Summer Camp at Northside Primary School

6. STAFF DEVELOPMENT

a. Mrs. Roizy Gancz took a course in training brides before their wedding
b. Rabbi Mechel Gancz joined the Annual Kinus in New York for further training and ideas to better our reach,
c. We hosted our Annual Fundraiser
d. We participated in a fundraising masterclass with consultant Yaakov Salamon

info@chabadfinchley.com 0203 720 7766 www.chabadfinchley.com

Chabad of Finchley is a registered charity: 1197411

Overall, the spread and breadth of activities in areas including humanitarian; Jewish cultural interest; for various demographics, including children, women, and the general community, all have helped broaden the scope of those impacted by the charity.

We look forward to 2024 and the furthering of this important mission, with Hashem’s help.

info@chabadfinchley.com 0203 720 7766 www.chabadfinchley.com

Chabad of Finchley is a registered charity: 1197411

REGISTERED CHARITY NUMBER: 1197411

CHABAD OF FINCHLEY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Classification - Internal

INDEPENDENT EXAM ER'S R THE TRUSTEES OFCHABAD OFFINCMLEY FOR THE YEAR ENJ)ED 31 DECEMBER %)21 I report to the charity trusteeson my exaMiTTr of acctsunls uf the coznpany for the yearended 31 December 2023. Res Eyljve Re5 Qn5ibilities of Trustees and Examiner A5 thc charity trustees of the company land also its direcrors for the purposes of company ) you are resp)nsible for the Pteparation of Ih¢accounls in accordance with the rEquiremont5 of the CofflpaTries Act20061'the 21 Act'l Having salisfieLI tnysev that the accounts of the company are nottequited ¢0 be audited undtr Fart 16 of the Act and areeligibie Éor independent examinatio I report in respect of my examination of your compartKs aCttts as ¢atrJed out under 5eclEon 145 of the Charities Act 2(ni I'the 2011 Act'l. In carrying out my examination I have followed the Direction$ given by the Charity Comtnission under secti( 14515llbl of the 2011 Act. Bdyis of Inde endcnt Examinerfs R My oxaniination was carried otst in accordance with the General Directions givetr by the Charity Com[nl0C[s. An examination includ a review trl the accounting records kept by tho charity and a comparison of the accounts presented with those re¢ord$. It aLso includes ¢4)nsideratiort of any unusua] Items Or dts¢losuTe5 In the account5, and seeking explaTratioTrs from the trustees conterning any such matters. The VT(teduTe5 undertaken do not provide all of the evidence that would be required in an audit and corLsequently we do notexpress art auditopinionon the accounts. StatenMIt I have ¢ompletsJ my examination. I confirm that no matt¢r$ ve£0]ne tomy atteiition in COnTtionWIth the examinatsot) givingme cause ¢0 lIeve that in any material respect. accounting records Ive not kept in respect of thecompany as required by se¢iion386 of thE XU6 Act,. or the accounts do not accord 'ith those reLord5,' QT the accotjnts do Doi comply with the accourttsng TequiTem£nts of 5Ethon 396 of the 2006 Act olhei than anv requirement that the accounts givea'true and Éair v2ew' which isnota martercoosider¢d as PaTtofan lndependentexaMLttioi or the accouots hve not been prepared in aceordarte¢ with the methods and prineiptes of the Statement off Recommended Praettce for aceounttns and Teporting by charitie$ lapplicable to ¢harili PTeparing I]r accounts in accordar with t FInanC Reporting Standard apptscable in the UKand Repubjicof Ireland IFRS I2)1. I hve no cO£m5 and have across no other matters srt comwctLOn with the examination to which attention should te drawn in thtrs report inorderto en&bie a proper understat)ding of IhE att tstoberea LUA ) PelerTaylor FCA Taylor Assoclates IstFlwr, Gallery Co¥rt 28 Arcadia Avenue Firtchley, London N3 2FC 24 Cobe¥ 3)24

----- Start of picture text -----
CHABAD OF FINCHLEY
Receipts and payments accounts CC16a
For the period 01/01/2023 31/12/2023
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Donations 46,692 - - 46,692 -
Fundraising 19,482 - - 19,482 -
Educational and welfare 14,266 - - 14,266 -
Hire of hall 380 - - 380
Other receipts 2,130 - - 2,130 -
- - - - -
Sub total (Gross income for AR) 82,950 - - 82,950 -
A2 Asset and investment sales, (see
table).
Loan received 2,188 - - 2,188
- - - - -
Sub total 2,188 - - 2,188 -
Total receipts 85,138 - - 85,138 -
A3 Payments
Charitable Supplies 30,074 - - 30,074 -
Rent 11,000 - - 11,000 -
Staff and volunter costs 12,280 - - 12,280 -
Training - Course 3,009 - - 3,009 -
Religious items 761 - - 761 -
Charitable activities 4,170 - - 4,170 -
Cleaning 1,593 - - 1,593 -
Utility 301 - - 301 -
Bank Charge 1,278 - - 1,278 -
Travel 9,138 - - 9,138 -
Telephone 151 - - 151 -
Printing, postage and stationery 2,334 - - 2,334 -
Advertising 1,111 - - 1,111 -
IT costs 2,298 - - 2,298 -
Repairs and maintenance 1,598 - - 1,598 -
Donation 50 - - 50 -
Legal and professional fees 1,449 - - 1,449 -
- - - - -
- - - - -
Sub total [ 82,595 ] - - 82,595 -
A4 Asset and investment purchases,
(see table)
Purchase of fixed assets 1,087 - - 1,087
Loans made 94 - - 94
Sub total [ 1,181 ] - - 1,181 -
Total payments 83,776 - - 83,776 -
Net of receipts/(payments) 1,362 - - 1,362 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 1,362 - - 1,362 -
----- End of picture text -----

CCXX R1 accounts (SS)

24/10/2024

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Other creditors Details Bank current account Petty cash Details *Total cash funds* (agree balances with receipts and payments account(s)) Other debts due to the charity Details Details Details Furniture, fixtures and fittings	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,312 - 50 - - - 1,362 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 94 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 1087 - - - - - - - - - Fund to which liability relates Amount due (optional) 2188 - - - - - Print Name	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval

CCXX R2 accounts (SS)

24/10/2024

REGISTERED CHARITY NUMBER: 1197411

CHABAD OF FINCHLEY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Classification - Internal

CCXX R1 accounts (SS)

24/10/2024

Section B Statement of assets and liabilities at the end of the period

Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets	Signature Other creditors Details Bank current account Petty cash Details *Total cash funds* (agree balances with receipts and payments account(s)) Other debts due to the charity Details Details Details Furniture, fixtures and fittings	Unrestricted funds Restricted funds to nearest £ to nearest £ 1,312 - 50 - - - 1,362 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ 94 - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 1087 - - - - - - - - - Fund to which liability relates Amount due (optional) 2188 - - - - - Print Name	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval

CCXX R2 accounts (SS)

24/10/2024

2023-12-31-accounts

Chabad of Finchley Trustees Annual Report and Accounts 2023

Mr Alistair Green

Mr Eli Itzinger

Rabbi Boruch Altein

Mr Levi Issac Weinman

Description of Organisation:

Organisational chart

d. Mr Levi Issac Weinman

Constitution, objectives, policies and public benefit:

Fund Raising

www.chabadfinchley.com

Changes in policy

Organisational structure and Management of the Charity

Charity Governance Code

Risk Management and Child Protection Policies

Statement of Trustees’ Responsibilities

Finances

Area of Operation

Review of Activities

INCOME

Grants

Donations

Event fees

COSTS

ACTIVITIES

1. CELEBRATING FESTIVALS WITH JEWISH PRIDE

Chanukah

www.chabadfinchley.com

Tu Bishvat

Purim

Passover

Lag Ba’omer

Shavuot

Rosh Hashanah and Yom Kippur

Sukkot

2. GENERAL COMMUNITY TOGETHERNESS

3. CARING FOR THE VULNERABLE

www.chabadfinchley.com

4. EDUCATION FOR ALL AGES

5. CHILDREN’S ACTIVITIES

6. STAFF DEVELOPMENT

CHABAD OF FINCHLEY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Classification - Internal

Section B Statement of assets and liabilities at the end of the period

CHABAD OF FINCHLEY

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

Classification - Internal

Section B Statement of assets and liabilities at the end of the period