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2024-10-31-accounts

CHARITY REGISTRATION NUMBER: 1200383

FAMILY MATTERS LONDON

TRUSTEES' REPORT AND UNAUDITED ACCOUNTS

31 OCTOBER 2024

CHS ACCOUNTANTS LIMITED

45 STAMFORD HILL LONDON N16 5SR

FAMILY MATTERS LONDON

FAMILY MATTERS LONDON CHARITABLE INCORPORATED ORGANISATION (CIO) FINANCIAL STATEMENTS 31 OCTOBER 2024

Pages
Trustees' Annual Report 2
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Accounts 7

Page 1

FAMILY MATTERS LONDON TRUSTEES ANNUAL REPORT

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 October 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1200383

Principal and Registered Office

146 Hermitage Road London

N4 1NL

Trustees

The following trustees served during the year:

M Davidoviz S Braeur U Lefkovits

Accountants

CHS Accountants Limited

45 Stamford Hill London N16 5SR

OBJECTIVES AND ACTIVITIES

The charity's objectives as set out in its governing document is to advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time in particular but not limited to advancing the Jewish religion, advancing Jewish religious education and the alleviation of poverty among the Jewish community throughout the world in general and specifically through grants to assist with the costs of food, clothing and basic necessities.

The trustees confirm their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives in planning future events.

ACHIEVEMENTS AND PERFORMANCE

The charity employs its funds and resources for grants to families suffering from poverty. We offer vital support in the form of food vouchers and essential household items. By providing these resources, they not only alleviate the immediate burden of hunger but also help maintain basic living conditions. With a mission deeply rooted in compassion and a commitment to battling poverty, we empower families to access nutritious meals and essential supplies, fostering dignity and stability within their households.

During the year the charity made grants totalling £8,250 (2023: £13,200)

The financial results for the year to 31 October 2024 are fully reflected in the attached Financial Statements and the Notes thereon.

FINANCIAL REVIEW

Reserves Policy

The charitys policy is to maintain Unrestricted funds at a level which the trustees deem appropriate after considering future commitments and the likely costs for the next year.

As at 31 October 2024 the charity had a deficit in Unrestricted Funds of £1,870. The charity believes this will be rectified in the current year.

Grant Making Policy

The charity makes grants to families suffering from poverty to assist with the cost of food , clothing and basic necessities.

Page 2

FAMILY MATTERS LONDON TRUSTEES ANNUAL REPORT

In making these grants the trustees use their personal knowledge and experience of philanthropic work and their understanding of the needs of families suffering from poverty. The trustees monitor the application of funds by maintaining regular correspondence with the recipient charities.

PRINCIPAL RISKS AND UNCERTAINTIES

Risk Management

The trustees have identified and reviewed the major risks to which the charity is exposed, in particular operational and financial risks and are satisfied that appropriate systems are in place to manage and mitigate these risks.

PLANS FOR FUTURE PERIODS

The charity plans to continue its grant making activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is a registered charity (charity number 1200383) and is governed by a CIO Foundation Constitution dated 23 Mar 2023.

The trustees administer the day-to-day affairs of the charity. None of the Trustees have beneficial interest in the charity.

STATEMENT OF COMPLIANCE

The charity is a public benefit entity, a registered charity in England and Wales and is unincorporated. The address of the principal office is 146 Hermitage Road, London, N4 1NL.

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. 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 charity's trustees

S Braeur

Trustee 19 February 2025

Page 3

FAMILY MATTERS LONDON INDEPENDENT EXAMINERS REPORT

Independent Examiner's Report to the trustees of FAMILY MATTERS LONDON

I report to the trustees on my examination of the financial statements of FAMILY MATTERS LONDON for the year ended 31 October 2024 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 can 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:

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.

Mr Pini Shebson ACA CHS Accountants Limited 45 Stamford Hill London N16 5SR 19 February 2025

Page 4

FAMILY MATTERS LONDON STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 OCTOBER 2024

Notes
Income and endowments from:
Donations and legacies
2
Total
Expenditure on:
Charitable activities
3
Other
Total
Net (expenditure)/income
Net
(expenditure)/income
before
other
gains/(losses)
Other gains and losses
Net movement in funds
6
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Total funds Total funds
2024 2023
£ £
4,250 21,010
4,250 21,010
9,330 14,600
- 3,200
9,330 17,800
(5,080) 3,210
(5,080) 3,210
(5,080) 3,210
3,210 -
(1,870) 3,210

Page 5

FAMILY MATTERS LONDON BALANCE SHEET

AS AT 31 OCTOBER 2024

Charity No. 1200383
Current assets
Cash at bank and in hand
Creditors:Amount falling due within one year
5
Net current (liabilities)/assets
Total assets less current liabilities
Net (liabilities)/assets excluding pension asset or liability
Total net (liabilities)/assets
The funds of the charity
Restricted funds
Unrestricted funds
General funds
7
Total funds		 2024
£
1,010
1,010
(2,880)
(1,870)
(1,870)
(1,870)
(1,870)
(1,870)
(1,870)
(1,870)		 2023
£
6,410
6,410
(3,200)
3,210
3,210
3,210
3,210
3,210
3,210
3,210

Approved by the trustees on 19 February 2025

And signed on their behalf by:

S Braeur

Trustee 19 February 2025

Page 6

FAMILY MATTERS LONDON NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2024

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

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

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 Income is included in the Statement of Financial Activities (SoFA) when the charity
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 reported gross
expenditure in the SoFA.
Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the 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 gift/donation to
donations and gifts which it relates.
Donated services and These are only included in income (with an equivalent amount in expenditure) where the
facilities 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
revaluation of fixed		 This includes any gain or loss resulting from revaluing investments to market value at the
end of the year.
assets
Gains/(losses) on This includes any gain or loss on the sale of investments.
investment assets

Page 7

FAMILY MATTERS LONDON NOTES TO THE ACCOUNTS

Expenditure

Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot
expenditure be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on raising These comprise the costs associated with attracting voluntary income, fundraising trading
funds costs and investment management costs.
Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and services
charitable activities 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 tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation where relevant is provided in order to write off each asset over its estimated useful life.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Intangible fixed assets and amortisation

Intangible fixed assets (including purchased goodwill, patents and trademarks) are carried at cost less accumulated amortisation and impairment losses.

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.

Page 8

FAMILY MATTERS LONDON NOTES TO THE ACCOUNTS

2 Income from donations and legacies

Donations
3
Expenditure on charitable activities
Expenditure
on
charitable
activities
Grants made
Governance costs
Independent Examiners Fees
4
Analysis of grants
Activity or programme
Amud Hatzdokoh Trust
Beis Brucha Ltd
Reb Shayale's Tzeduke
5
Creditors:
amounts falling due within one year
Other creditors
Accruals		 Unrestricted
£
4,250
4,250
Unrestricted
£
8,250
1,080
9,330
2024
£
1,800		 Total
2024
£
4,250
4,250
Total
2024
£
8,250
1,080
9,330		 Total
2023
£
21,010
21,010
Total
2023
£
13,200
1,400
14,600
Total
2024
£
5,600
1,650
1,000
8,250
2023
£
1,800
1,080 1,400
2,880 3,200

Page 9

FAMILY MATTERS LONDON NOTES TO THE ACCOUNTS

6 Movement in funds

Movement in funds
Restricted funds:
Unrestricted funds:
General funds
Total funds
Analysis of net assets between funds
Net current assets		 At 1
November
2023
3,210
3,210		 Incoming
resources
(including
other
gains/losses)
£
4,250
4,250		 Resources
expended
£
(9,330)
(9,330)
Unrestricted
funds
£
(1,870)
(1,870)		 At 31
October
2024
£
(1,870)
(1,870)
Total
£
(1,870)
(1,870)

8 Related party transactions

Other than any mentioned above there were no related party transactions during the year requiring disclosure.

Page 10