CHABAD LUBAVITCH OF TRAFFORD TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 Charty No: 1200475
CHABAD LUBAVITCH OF TRAFFORD INDEX TO THE ACCOUNTS CHARITY DETAILS TRUSTEES. ANNUAL REPORT INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE ACCOUNTS
CHABAD LUBAVITCH OF TRAFFORD CHARITY DETAILS CHARITY NUMBER 1200475 TRUSTEES Mr Gary Glickman Rabbi Eliezer Simon Rabbi Dovid Lewis BANKERS Nalwesl plc PRINCIPAL OFFICE 7 Barns Place Hale Barns Altrincham WA15 OHP England Page 1
CHABAD LUBAVITCH OF TRAFFORD TRUSTEES. REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 The trustees present their report of the charity for the financial period starting 23 September 2023 and ending 22 September 2024. Chari details The details of the charity are given on page 1. Structure overnance and mana ement Chabad Lubavitch Of Trafford is a CIO that was established on 23rd September 2022. The charity has three Iruslees.. Mr Gary Glickman Rabbi Eliezer Simon Rabbi Oovid Lewis Ob"ectives and activities The objects of the charity are to advance and promote the Orthodox Jewish faith within the Trafford Metropolitan Borough of Greater Manchester, through pastoral care, public celebration andlor distribution of items related to religious festivals, and public education in the Orthodox Jewish faith by providing facilities for the study of and instructions in Jewish religious texts, teachings, customs and practices of the Orthodox Jewish faith.. and to provide the relief of financial hardship through the provision of items, financial and practical assistance to persons of Ihe Jewish faith located within the Trafford Metropolitan Borough which they could not othernvise afford through lack of means. Achievements and 6rformance Throughout this period {2023-20241, we have continued to make significant progress in fUillIng our charitable aims and objectives, which revolve around promoting Jewsh observance, education, and social support. Our activities have included. but not limited lo, youth activities and hands-on workshops, one-to-one leaming for both youth and adults, BarlBat mitzvah instruction, Adult education classes, Shabbat and Yom tov hospitality, and numerous home visits, very often providing practical items that are relevant to and enhan the observance of the upcoming Shabbat or festival In addition, this past summer12024) we launched a new initiative, the CGI summer day camp. The day camp was for children in their primary school years, lo provide thern with a warm, nourishing and fun experien during the summer holidays. It proved to be a great success. with the children Ihoroughly enjoying it, and very posrtive feedback from the parents, and we look fOard to continuing and growing this initiative next year. Review of results for the eriod In the period from 23 September 2023 to 22 September 2024, the Charity received £52.489 in charitable income and had £55,910 of charitable expenditure. As of 22 September 2024. including the unrestricted reserves of the Charity al the end of the previous year of £2,503. the charity had a deficit of £918. In the opinion of the trustees, the Charity is able to to continue its purposes and objectives in the foreseeable future. Future lans The trustees plan to continue to increase the charity's current activities and programmes. continuod Page 2
CHABAD LUBAVITCH OF TRAFFORD TRUSTEES, REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 Public benefit In setting objectives and planning for aclivilies, the Trustees have given due consideration to general guidance published by the Charity Commission relating lo public benefit. including the guidance 'Public benefit." running a charity IP821'. ststgment of Trustees, rè$ onsibililigs The Trustees are required under the Charities Act 2011 to prepare the Trustees, report and the financial slalemenls for each financial period which give a true and fair view of the slate of affairs of the Charity and of ils results for that period. In preparing these financial slatemenls, the Trustees are required lo.. lal select suitable accounting policies and apply them consislenlty., Ibl observe the method$ and principles of the Charities SORP IFRS 1021., Icl make judgments and accounting eslimales that are reasonable and prudent,. Idl slate whether applicable UK Accounting Standards IFRS 102) have been foll¢)wed, subject lo any material departures disclosed and explained in the financial stalemenls.. lel prepare the financial slalements on a going concern basis unless it 1$ inappropriate lo presume that the Charity will continue in operation. The Trustees are responsible for keeping adequate accounting rewrds that are sufficient to show and explain the Charity's Iran5aclions and disclose with reasonable accuracy at any lime the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the CIO Foundation Constilulion. They are also responsible ft)r safeguarding the assets of the Charity and hence for taking reasonable steps for the pievenlion and detection of fraud and other irregulafitses. The Iruslees. annual report was approved by the Trustees on 21 July 2025 and signed on their behalf by. Mr Gary Glickman - Trustee Page 3
CHABAD LUBAVITCH OF TRAFFORD Inde endent examiner's re ort to the trustees of Chabad Lubavitch Of Trafford I report on the accounts of the charity for the year 23 September 2023 10 22 September 2024, which are set out on pages 5 to 9. Rospective responsibilities of trustees and examlner The charity's trustees are responsible for the preparation of the accounts. The charity's ITuslees consider that an audit is not qUired for this year under secbon 144121 of the Charities Act 2011 Ilhe 2011 Actll and that an independent examination is needed. The charity's gross income does not exed £250.000 and18m qualrfied lo undertake the examination by being a qualified member of ACCA. 11 is my responsibility lo.. examine the accounts under section 145 of the 2011 Act., to follow the procedures laid down in the General Directions given by the Charity Commissioners under section 14515llbl of the 2011 Act., and to stsle whether particular matters have come lo my attention. Basis of ITndependent examlners. report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and 8 comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as Iruslees concerning any such matters. The prOdureS undertaken do not provide all the eviden that would be required in an audit, and, consequently. no opinion is given as to whether the accounts present a 'lrue and fair view, and the report is limited lo those matters set out in the statement below. Independent examiners'statement In connection with my examination, no matter has come lo my atlenlion.. which gives me reasonable cause to believe that, in any material respect, the requirements.. {8> to keep accounting records in accordan with section 130 of the 2011 Act.. and {b) to prepare accounts which accord with the 8cwunling records and lo comply with the accounting requirements of the 2011 Act have not been met", or lo which, in my opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Bennett Verby Limited Chartered Certified Accountants 7 St Pelersgale Stockport SK1 1EB Dale 21 July 2025 Page 4
CHABAD LUBAVITCH OF TRAFFORD STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 22 SEPTEMBER 2024 Year4nd?d Year-ended Yèar-ended 224e -24 22-Se -24 224e -24 Yearryended 22-Se -23 Notès Restricted Unrn5tri¢ted fund5 funds Total fund$ Total funds INCOMING RESOURCES Don8tions and legacias Charitable activities Grants rèceived Total incom• 37,922 5,299 9,268 52,489 37,922 5,299 9,268 52,489 49.077 1.618 6.141 56.834 RESOURCES EXPENDED Costs of ¢horitsble activiti•s Activities and programmes General adtninistration Total ex ndltur• 11,177 44,733 55,910 11,177 44.733 55,910 10,888 43,443 54,331 Reconcillation of funds Net incomelldeflcltl for the year Net movement in funds {3.4211 13,4211 2,503 Total funds brought fOard 2.503 2,$03 Total funds carried forward 19181 918 2.503 The sialement of financial a¢tiwlies includes all galns and losses recognised in th& period l income and expenditure derive from continuing activities. Page 5
CHABAD LUBAVITCH OF TRAFFORD BALANCE SHEET AS AT 22 SEPTEMBER 2024 Year-ended 22-Se 24 Yoar4nded 22-Se -23 Notes Currrent assets Cash al Bank and Hand PAYE 3,432 4,164 119 4,283 3,432 Creditors.. amounts falling due wlthin ong yoar Nel wages payable 4,350 4,350 1,780 1.780 Net currgnt asetsl{liabilltle$ 19181 2,503 Totsl assgts less current liabilities 918 2,503 Funds of the charity Reslricled income funds Unreslricled incorne funds Total charity funds 918) 918 2.503 2,503 Approved by the Iruslees on 21st July 2025, an(J 1$ suned on behalf of them all. Mr Gary Glickman - Trustee Page 6
CHABAD LUBAVITCH OF TRAFFORD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 111 A¢countlng policiès Charity inforniation Chabad Lubavitch of Trafford is a charity registered wth the Charity Commission. 1.1 Ba$ls of prèparation of accounts and accounting convontion. The accounts have been prepared on an accruals basis. The accounts have been prepared in a¢¢ordance wlh the charity's governing document, with applicable United Kingdom Ac¢ounting Standards {Uniled Kingdom Generally Accepted Accounting Practi¢el, with 'A¢counting and Reporting by Charities". Statement of Recommended Pra¢lice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard appliCae in the UK and Republic of Ireland IFRS 1021, las amended for accounting periods commencing from 1 January 20161 and with the Charities Act 2011, whi¢h have been applied consistently lexcepl as olherws& slated). The charity Is a Public Benefit Entity as defined by FRS 102. The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial slaternent5 are rounded lo the nearest £. The accounts have been prepared under the historical cost Convention. The wincipal accounting poliaes adopted are set out below. 1.2 Accountlng rfod These a¢¢ounts cover the year from 23 September 2023 to 22 September 2024. 1.3 Incomo Income is Fecognised when the charity is legally enlilled to il after any perforniance conditions have been met, the amounts can be rneasured reliably. and r( ig probable that income will be received. Voluntsry income and donations CeIVed in cash are accounted for as received by the charity. Other donations are cOgniSed once the ¢harity has been notified of the donation. unle55 performance conditions require deferial of the amount Income tsx recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised the time of the donatson. 1.4 Costs of charitable actlvltlos The costs of charitable actiwties includes all expenditure diredy related to the charitable activity and fijndraising ventures. 1.S Re$trlcted funds Reslri¢ted fvnds are lo be used for specific purposes as laid down by the donor. Expenditure 1¢h meets these criteria is charged to the fund. Further details are given in the notes to the accounts. 1.6 Unre$tri¢ted funds Unre51ricled funds ar& donation5 and other incoming resour¢es CeIVable or generated for the objects of the charity without further Specified purpose and arg available for general funds. Page 7
CHABAD LUBAVITCH OF TRAFFORD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 111 Accounting policles 1.7 Cash and ¢a$h equivalents Cash and eash equivalents include cash in hand, deposits held at call wlh banks, and bank overdrafts. Bank overdrafts are shown within borrtmngs in current liabilities. 1.8 Critical accounting ¢$timates and judg•m•nts In the application of the charity's accounting policies. the Trustees arè reqUId lo make judgement5, eslim*eg and assumptions about the carrying amount of assets and liabilities that are noTrl readily apparent from other s¢ur¢es. The estimates and associated assumptions a based on historical experience and other factors that are considered to be relevant. Actual results may differ from these e51imates. The estr'male5 and underlying assumption5 are reviewed on an ¢)ngoing basis. Revisions to accounting eslimale5 are recognised in the period In which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. (2) Income from donations and legacles 2024 2023 Donations 37,922 49,077 (3) Incomè from charitable activitifrs 2024 2023 Educational serwcfj$ 5.299 1,616 141 Grants rèceived 2024 2023 Grants received 9,268 6,141 Page 8
CHABAD LUBAVITCH OF TRAFFORD NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 22 SEPTEMBER 2024 {5} Costs of charitable activities Aetlvltyes and General programmes admlnlstration Total 2024 Total 2023 Youth activities & adutt education Coun¢il tsx Rent 11.177 11,177 1,935 16,850 3,242 928 748 21,030 55.910 10.888 2.115 15,700 3,985 2.123 320 19,220 $4,331 1.935 16.850 3,242 92e 748 21,030 44,733 Motor and travel Maintenance Wages 11,177 161 Movements in funds Glft Ald Allocatlon Funds Sent out Balance at Balanc• at 2310912023 2W0912024 Income Donatlon purpos8 Unresiricted funds 52,489 155.9101 2,503 19181 Total funds 52,489 55.910 2.503 918 171 Related party and trustee transactions No trustees, nor any persons connected to them, have received any rernunerats'on or expenses. and there have been no related party transactions. 181 Staff costs 2024 2023 Wagès and 53larie8 21,030 21.030 19,220 19,220 Average number of full b.me employees There were no emoYeeS wth ernoltjrnents above £60,C(10. 191 Key managèment porsonnal compensadon 2024 2023 Wages and salaries in totsl of key personntrl 10,800 16,700 Page 9