Charity registration number 281586 (England ond Walès) EDGWARE & DISTRICT COMMUNAL MIKVEH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EDGWARE & DISTRICT COMMUNAL MIKVEH LEGAL AND ADMINISTRATIVE INFORMATION Trustees Peler J Rabin Benjamin J Mire David Rabson Nechemia Jaffe Tivi Gr05skopl Charity number (England and Wales) 281586 Independent oxaminer Glazers 843 Finchley Road London NW11 BNA
EDGWARE & DISTRICT COMMUNAL MIKVEH CONTENTS Pagg TrusleES' report Independent examin8r'5 report Slatemoiil ol financial aclivitlOS Balance sheet Notès lo lh8 financial stalem8nls 6-10
EDGWARE & DISTRICT COMMUNAL MIKVEH TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Tlie Irustees presenl thèir annual report and financial stalements for thu year ended 31 M8r¢h 2025. Tho <iccounls have bpeii iireD<?red iii accordance wilh the aCCOLsnling policies sel oui In noto 1 110 Ihi.. ccoiirils And ('.omi'ily willi 11)I,. c.h¥ifily's ijnvorning docitrn)enl. 1116 C.hl< nlies Ar.1 2011 And -Actriii.'niing and Rpporting hy Charilip.%. Sl¥ilenipnl ()1 Re('()minended PraLlice rlP)IilicalJlL lo Gharilie5 prep<iiing Ihpii with the Fiiirliicial Ropoflin(J SlJndard app11r.able In the UK and Rèpublic ol Ireland IFRS 1021" las amende(J for accounltnq penods ¢ommen¢ing Irom l January 20161 Objectiv05 and activities Tho ¢harily'5 obi8cI is to promote Ihe Jéwish religlon in Edgware and 8diacenl communities by operaling the Mikvett (Ritual Pool) sited in the grounds ol Ihe United Synagogue in Edgware. and there h85 been no chango In Ihis during the year. Tli¥ Iru51ees have paid due regard lo guidance issued by the Charity Commission in deciding whal Activities Ihe charity should undertake. Achi8v8ments and performance The charity's financial position and results fr)r the year a as sel out Dn pages 4 10 5 01 Ihese finanLial stalemenls Financial review 11 1% Ihp poliry rjf the charity Ihal iinreslncted funds which havo nc?t bppn dSi¢l[lal.ll Iiir a spe.cilii'. iiso. shoiil(I ljc, maii)tained at a level equivalenl lo between Ihree and six monili'g ¥)xppndiiure. The Iru51ees consider Ihal r85ce5 at this level will ensure that. in the evtsni ol a sioiiifi¢anl dro[J In luiiding, Ilicy will bp ablo to conlinLlP Ihr charily's CUTrenl aclivilies while consideration is given to ways In whicl) addiiional liJnd5 may b8 raised. In Ihp. currpnl ypar this level ol funding has not been m3inii?Inpcl 1n(l nresIr1e1ed funds are in rtelir.ll 11 Ihe year eiid. The Irustetys Inl?nd to address Ihis by Increased lijtidraising 8fforls iii the eiisulng year and Iherefore, with Ihe continued suppnrt of the chanly'S main creditor. cTriisider Ihal the goill9 coiicern bc15iS under which Ihe. c ccounls are prepared femains appropriate. The IfLJ5tees have assessed the major risks to whi¢h the cliarity Is exposed. and arp sal15fieO 11)al sy51ems are in place io miligale exposure to the n)ajor risk5. S¢ructure. govgrnanc• and managoment The charlty 15 an unincorporaied charity govemed by a trust deed adopted by Ihe truslees daled 2r) NDvemb8r 1980. The truslees who Served during Ihe y8ar and up ID Ihe dale of signature DI the financial statem&nlS were.. Peter J R8bin 8enjamin J Mir8 David Rabson Nechemia Jatte Tzvi Grosskopl There is no specrfic process for th8 recruitment anL1 appoinlm8nt ol new trustees. However all truslees have a knowledge ol the communily they aim lo serve and the overall objectlves of the chafily. Responsibility is shored equally amono all the Ifustees who each take an active part in the charily's aciivities. The trustees. repori was approved by the Board of Trustees. Peter J Rabin TrLJStee
EDGWARE & DISTRICT COMMUNAL MIKVEH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Daled".
EDGWARE & DISTRICT COMMUNAL MIKVEH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDGWARE & DISTRICT COMMUNAL MIKVEH l Teport to the Irus188s on my examination ol the financial slatemenls of Edgwarè & Disirict Communal Mikveh Ilhe charilyl for the year ended 31 March 2025 Responsibilities and basis of report As Ihe Irustees ol the charily you are responsible lor Ihe Preparation of the financial slalemenls in accordance with Ihe req¢Jirernenls of the Chartb'es Act 2011. I report in respecl ol my ex3mination ol the chanly s financial 51alernent5 carried oul under seclion 145 01 Ihe Charities Act 2011 In carrying out my examination I have followed the Direc110115 given by tlip Charity Commission under section 14515llb} of the Ch8riiiès Ad 2011. Independent examiner's Statement Your attention Is drawri lo the fact Ihal Ihe charily has prepared the financial 51al¥ments in accA)rd?nce with IhB relevani version ol Ilie Slcilemeiit ol ReLurtimeiid¥(J PractlC8 applicable to r.harilies preparing tlieir fiiiai)Litil 18lemenls In acc18n¢¢ with the Financial Rpporting Slaiidard applic,able In the UK and Ropublic of lieland IFfrIS 1021 in preference lo Ihe Accounting and Reporting by Chariiies.. Staletnenl ol Recommended Praclice Issued on 1 April 2005 which is relerre¢J lo in Ihe ex(anl regulations bul has now been wilhdrawn l understand that Ihi5 ha5 hepn done in order lor the f1nanci81 slalemenls lo provide 8 true and lair view in 8ccordance with UK Generally Accepted Acct>unling Practice. I have compleled my examinalion. l Confirm that no mallers have Lome to rny attention In conneclian With ihe Itxaminalioii giviiig me c4use lo bf>lieve that in any material re5pecl. accounting recrjrds were nol kept in resped of Ihe charity as required by secliDn 130 01 the Charities Act 2011. the finar)¢ial siatemenls do not accord with those record5,' or the financial slalernenls do not comply wilh the applicable requirements conceming the form and conlenl ol finaiicial slalprllenls sel out in the Charities IAccounls and Report51 Regulalions 2008 Dlher than any requirement that the financial slal8menls give a true and lair view. which is nol a m811er considered as part ol an independent èxamination. I havp no concerns and have come. across no olhef mallers in connection with the e¥arnination lo which attention shL)uld be drawn in Ihis report in order to enable a proper understanding of Ihe financial st8lements to be aChed. Glazprs 843 Finchley Rr)ad London NW11 8NA Dale..
EDGWARE & DISTRICT COMMUNAL MIKVEH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlct•d Unr?strlct•d funds funds 2025 2024 Notfr5 Incorn• from.. Donations and legacie5 Investmenis 67,630 215 66.368 266 Tolal Incom• 67,845 66.634 Ex endlture o Charitable 8cliviiic5 72.092 79.321 Not ¢xp•nditur• foi the yearl Net movement In funds 14.2471 112.6871 Fund balances al 1 April 2024 14,211) 8,476 Fund balanc?5 8131 March 2075 8,4581 The statement ol financial activities includes all gains 8nd1055es recognised in the year. The slaierneni Of financial activities includes 311 yains and losses recognised In the year. All Income and expendilure erive ffrom continuing activities.
EDGWARE & DISTRICT COMMUNAL MIKVEH BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Curyenl assels C3sh at bank and In hand 13,521 16,565 Crèdltors.. amounts f•lling due withln ane y¢af 10 121,9791 120.7761 Net current liabllbtlgs 18,4581 14.2111 The funds of the charitv Unresiricled lund5 11 18,4581 14.2111 18,4581 14,2111 The finr]ncial stalne werg approved by the Iruslees on Peter J Rabin Trustee
EDGWARE & DISTRICT COMMUNAL MIKVEH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AccoLtnting policies Charity information Edgware & Distncl Communal Mikveh is an unincorporated chanly governed by ils Irust deed. 1.1 Accounting conventlon Thc 1gr.roLJnis l)Jvp bEson prèpaiod In accofllanc.? wilh th(: p.111¢ Illy's 9ove.Ining doriimpnl. Ihp Ch.Inlle& A¢1 2011 <lt)d -Accouiiling and Rei)ortii)q by Ch.7rilies.' Slalemenl ol RLipnmmpnded Pr'jciice applicdblo In .? in a¢r()rdiincc. wilh the Financlal Repni1iiirJ Sirinilard Applic,ablp. iii the IIK ari(1 Rvi)Lihlii-. i)1 Ifel¥3nd IFRS I t)21- I5 Amp.ndcil ltsr accuijnllng p&ri()ds Loriin)èiir'iiig fr(Jm l Jiiiiuary 20161 The ch¢lfily Is a Pul)lic Be1191il Eiilily aF dtrlined by FRS 102. The charity has laken advantage ol Ihe provisions in the SOFIP lor charilie5 applying FRS 102 Update Bullelin 1 not ID prepAf8 3 Slalemenl ol C8sh Flows The finxnci81 slèlempnls hilVP. dppartod Irnm the CharileS IAc¢ounts aiid Rcportsl Ré'giilaliijiis 2008 nril), lo Ili& exlenl re(Iiiired lo i)ruvide a Irije lind 131r vlew. This depariure 113$ involvpd fnllDwing I1 SialQ.mi!iil of Rpcomi?iendp.Il Pi<i¢liie IL)r Lharilit4s applying FRS 102 ralher Ihan Ilie vprsioii iJl tlie •lrilL'fiieril of Recommend8d Praciice which is referred lo In the Regulations bul whi¢h has sinGe been wthdr8wn. The financi81 slalemenis are prepared in sterfing, which Is the funLlional curr8ncy ol the charlty. Monelafy amoun15 in Ihese financial slatpments are rounded lo the neare51 £ The financial slatemenis have be¢n prepared under the hislorical cost convenlion. The principal accounting policies adopted are sel oul below. 1.2 Going concern Al the time of approving the financial stalemenls. the Iriisl8es have a re85DTldble expect8lion Ihal fhc charily has adequale re50ur¢es lo continue in operational existence lor the loreseeable future Thus Ihe Iruslees conlinuv lo adopt the gDing concem basis of accounting In preparing the financial stalemènls. 1.3 Charitable fund$ Unrestricted funds are available foi use al the discreuon of the truslee5 in lurtherance of their chariiable obieclives. Restricle(J funds are subject to specific conditions by donors or granlors as lo how Ihey may be used. rhe purposes and uses of the restTicl8d funds are set out in the notes io Ihe finanEial 51atements. Endowment lunds are subject lo specific conijiliDns by donor8 thal Ihe capilal musl be mainiained by th8 chanly. 1_4 Incomlng rÉ50urces Incorne is recognised when the charity is legally enlilled to il after any perfo¥man¢è conditions have been mel, the amounts can be measured reliably, and il 15 probable Ihat income will be received. Cash donations are recoonised on recèipt. Oihèr donations are recognised once the charity ha5 been notified of lh8 dor)alion, unless perform8nce conditions require dpfL?rral ol the amounl. Income lax rLJLuvefable in relation to donations received iJndÉr Gift Aid or deed5 of covenant Is recognised al the Ilme ol Ihe donation. 1.$ R•sourcos expgndod All cxpendSture Is fecognisEd on 3n accruHls basis
EDGWARE & DISTRICT COMMUNAL MIKVEH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Crltlcal accountlng estlmales and judgements
In Ihe Ji)plictilithn ol Ihe Ghafily 5 accounliiig policies, Ihe Irusigps are retiuired lo make iiidqemerlls. 2slimales
sourc.ps. Thp. eEIIivTraies aiiil a5SCN-Iiiled <15siinipIIoii.4 rlre based nn h151nric.al vxp2n8nce dnd olhpi fiir.'Iiirq IhAI
are consjderod lo he relevairt. Aclual resiills ni(iy diNer Irom Iliese c51im
EDGWARE & DISTRICT COMMUNAL MIKVEH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In¥¢stments UnreBlrfcted Unrestricted lund¥ funds 2025 2024 Intergst recgivable 215 266 Charltable actlvitlos Operallon of 0rAtIOn ol mikveh mivoh 2025 2024 Staff cos15 24,711 7,287 7.877 22.643 3,609 4,765 25.697 11.830 5,175 22,608 6,350 6,461 Supplies Cleaning Repairs and m8inlenance Operalional expen(Jllure 70,892 78.121 Share ol governan( Costs (see nole 61 1,200 1.200 72.092 79.321 Support rosts Support Governanc8 cost8 costs 202S 2024 8as15 ol allocgtlDn Independenl 8xaminers fèe 1.200 1,200 1.200 Gov8mance 1.200 1,200 1.200 Analysed be8e Charitabl8 aclivities 1.200 1,200 1.200 Tru5tee¥ Nun* of the Irusiee5 lor any persons connect8d wilh them) received any r8muneralion or benéfits from the chèrity during the year.
EDGWARE & DISTRICT COMMUNAL MIKVEH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees Employmont costs 2025 2024 Wages and salaries 24,711 2S.697 Taxatlon The charity Is exempt from taxation on its acllvities because all 115 income is applied for charitable purp05e$. 10 Credltors: amounts falling tlue withln ¢ne yoar 2025 2024 Other 14x8bon and social security Olher creditors Accrua15 and delerred in¢ome 59 20,000 1,920 56 20,000 720 21,979 20,776 11 Unreslrleted funds The tsnreslricled lund5 01 the charily compnse the unexpendecl balances of donations and gian15 which are not bubiecl lo specific Lnnrtilioiis by donDrs and grantois 11) how Ihpy may be used Thpsp. Include de51giidled funds which have been sel aside out of unresiriLied lunds by 11)¢ Iruslees lor 5peLific puip058S. At 1 April 2024 Incomlng r•sour¢o Rè•ourceB At 31 Marrh •xpend•d 2025 General hjnds 14.2111 67.845 {72,0921 8.4581 Pr•vlou$ y•ar: At l Aprfl 2023 Incomlng resources R8souree• At 31 March expendvd 2024 Genero1 hjnds 8,476 66,834 Ifg.3211 14.2111 12 Relat•d party transJctlons There were no disc105able related party Irdnsactions during the year12024 - none). 10-