Charity number: 303051
HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
CONTENTS
Page
Reference and Administrative Details of the Charity. its Trustees and Advisers
Trustees. Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8-16

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 31 MAY 2024
Trustees
Douglas Conn
Simon Pollock
Nicholas Sonenfield
Avram Goldberg, Chair lappointed 1 June 20241
Charity registered
number
303051
Principal office
70 Bridge Lane
London
NW11 OEJ
Independent Examiner
Edward Passmore FCA
BKL Audit LLP
35 Ballards Lane
London
N3 1XW
Bankers
Metro Bank plc
1 Southampton Row
London
WC1 B SHA
Page 1

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 MAY 2024
The Trustees present their annual ￿port together with the financial statements of the Charity for the 1 July 2023
10 31 May 2024.
Objectives and activities
a. Polieies and objectives
The objectives of the charity 8s per its governing document are".
To further the development and education of boys, young men, gids and young women through their leisure-
lime 8ctivib.es so as lo help them achieve their physical, mental and spiritual potential so that they may grow to
full maturity as individuals and members of society and their conditions of life may be improved.
In setting objectives and planning for aclivib'es, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit." running 8
charity IPB21'.
b. Activities undertaken to achieve objeetives
The Club is an Affiliated Member Club of the Football Association and is a Jewish Footb8118nd Youth Club for
Boys, Girls and Adults for all ages. The club's main aim is lo help people find their talent in football by engaging
them in Sunday League matches with regu18r training. HMH is based on strong core values and its ethical
treatment lo all players. There is regular training sessions for all ages
As one of the UK'S leading Jewish Football Clubs and the only one to be affiliated to Maccabi GB with teams in
the Maccabi Junior, Walford Friendly, Exeell and Macc8bi Southern Le8gues, the Club are a 2 Star FA
Accredited Club working towards our 3rd star. The Club seeks to provide Mem￿[ShIp to Jewish children that
wish lo play and encourages p8rtiClP8tion and gives equal treatment and coaching to p18yers of all skill levels.
The club does not exclude from its membership those that cannot afford to contribute.
The teams are run, primarily, by parents.
Aehievements and performance
Financial review
a. Going coneem
After making appropriate enquiries, the Trustees have 8 reasonable expectation that the Charity has adequate
resources to eontinue in operational existence for the foreseeable futu￿. The net deficit in the period has arisen
due to the change lo the year end dale lo bring the accounting year in line with the p18ying season. As a result,
contributions received in June 2024 are not recognised in these financial statements. Further, since last year the
club now reports on an accruals basis as a result of ils turnover exeeeding the relevant threshold. Therefore,
these financial statements only reflect income and expenditure for the actual reporting period. Notwilhslanding
this, the financial health of the club is robust based on the charity's current cash position and trading. For this
ason, they continue to adopt the going eoneern basis in p￿parIng the financial statements. Further details
regarding the adoption of the going concern basis can be found in the accounting policies.
Page 2

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
TRUSTEES. REPORT {CONTINUED}
FOR THE PERIOD ENDED 31 MAY 2024
b. Reserves policy
At the year end the trust's reserves were £S2,85912023. £91,065). There was £11,67412023." £102,328) in the
Irusl's bank account, all of which is held in unrestricted funds. These funds are held in order to meet any
unforeseen expenditure. The Iruslees review the level of funds required on an annual basis when they set the
level of donations due for the year.
c. Review of the Year
The club raises its income from its members by way of contributions and the resultant gift aid rec18ims that can
be made.
During the period ended 31 st May 2024, the club generated income of £174,83612023. £253,160) and incurred
costs of £213,07212023. £225,658>, resulting in net Idefieilllsurplus of £138,206112023. £27,502>.
Structure, govemance and management
a. Constitution
Highgate and Muswell Hill Jewish Youth Club is a registered charity, number 303051, and is conslituled under 8
Trust deed.
b. Methods of appointment or election of Trustees
New Iruslees are appointed by the b08rd of trustees, having regard to the skills, knowledge and experience
needed for the effective administmtion of the club.
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustèes, Report and the financi81 statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Ac￿pIed Accounting
Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the stale of affairs of the Charity and of its incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
slalemenls, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgements and accounting estimates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departLJres disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis unless it is in8ppropriate to p￿Sume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy al any time the financial position of the Charity
and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Page 3

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
TRUSTEES. REPORT {CONTINUED}
FOR THE PERIOD ENDED 31 MAY 2024
Approved by order of the members of the board of Trustees and signed on their behalf by".
Simon Polloek
Trustee
Dale".
0410412025
Page 4

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
INDEPENDENT EXAMINER'S REPORT
FOR THE PERIOD ENDED 31 MAY 2024
Independent Examinerfs Report to the Trustees of Highgate and Muswell Hill Jewish Youth Club
('the Charity'l
I report lo the charity Trustees on my examination of the accounts of the Charity for the period ended 31 May
2024.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'lhe 2011 ACVI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect".
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act", or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements conceming the form and conlenl of
accounts set out in the Charities (Accounts and Reports) Regu18tions 2008 other than any requirement
that the accounts give a 'true and f81¢ view which is not a matter considered as part of an independent
examinab'on.
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 accounts to be reached.
This report is made solèly to the Charity's Trustees, as a body, in aecordance with Part 4 of the Charities
IAecounts and Reports) Regulations 2008. My work has been undertaken so that I might stale to the Charity's
Trustees those mallers l am required lo slate to them in an Independent Examinerfs Report and for no other
purpose. To the fullest extent permitted by18w, I do not accept or assume responsibility lo anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
Dated.. 0510412025
Edward Passmore FCA
BKL Audit LLP
35 Ballards Land
London
N3 1XW
Page 5

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 MAY 2024
Unrestricted
Total
funds
funds
2024
2024
{11 months) {11 months)
Total
funds
2023
Note
Income from:
Donations and legacies
174,836
174,836
253, 360
Total income
174,836
174,836
253, 160
Expenditure on:
Charit8ble activities
213,072
213,072
225,658
Total expenditure
213.072
213,072
225,658
Net movement in funds
38,2361
38,2361
27.502
Reconeiliation of funds:
Total funds brought forward
Nel movement in funds
91.065
138.2361
91.065
138.2361
63,563
27,502
Total funds carried forward
52,829
52,829
91,065
The Statement of Financial Activities includes all gains and losses recognised in the period.
The notes on pages 8 10 16 form part of these financial slatemenls.
Page 6

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
BALANCE SHEET
AS AT 31 MAY 2024
31 May
2024
30 June
2023
Note
Current assets
Debtors
Cash al bank and in hand
45.959
11,715
4,695
102,328
57,674
107,023
Creditors.. amounts falling due within one
year
14.845}
(15,958)
10
Total net assets
52,829
91,065
Charity funds
Unrestricted funds
11
52,829
91,065
Total funds
52,829
91,065
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
Simon Pollock
Trustee
Dale..
0410412025
The notes on pages 8 10 16 form part of these financial slalemenls.
Page 7

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
General information
Highgate and Muswell Hill Jewish Youth Club is a charity registered with the Charity Commission
constituted under a Deed of Trust with charity number 303051.
Accounting policies
2.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities". Slalement of Recommended Practice applicable lo charities
preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 JanLJary 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Highgate and Muswell Hill Jewish Youth Club meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or Iransadion value unless
otherwise slated in the relevant awounting policy.
The previous financial statements were prepared on the receipts and payments basis and as such
the prior year's nLJmbers have been restated to be on an accruals basis as the income exceeds the
re￿IPtS and payments threshold.
2.2 Income
All income is recognised once the Charity has entillemenl to the income, il is probable that the
income will be received and the amoLJnt of income receivable can be measured reliably.
Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, Including support costs
inVo￿ed in undertaking each activity. Direct costs attributable lo a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resoLJrces. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on direclly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Debtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
Page 8

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Accounting policies Icontinuedl
2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balan￿ Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount
of the selllement can be eslimaled reliably.
Liabilities are recognised at the amount that the Charity anlicipales il will pay lo sellle the debt or the
amount il has re￿iVed as advanced payments for the goods or services it musl provide.
Provisions are measured at the best estimate of the amounts required lo sellle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their selllemenl value with the ex￿ptIOn of bank loans which are subsequently
measured al amortised cost using the effective interest method.
2.8 Pensions
The Charity operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Charity lo the fund in respect of the period.
2.9 Fund accounting
General fvnds are unreslricled fvnds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Page 9

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Income from donations and legacies
Unrestricted
Total
funds
funds
2024
2024
111 months) {11 months)
Donations
174,836
174,836
Unrestricted
funds
2023
Total
funds
2023
Donations
253, 160
253, 160
Anatysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
Total
2024
2024
111 monthsl {11 months)
Developing young people
213,072
213,072
Unrestricted
funds
2023
Tot81
2023
Developing young people
225.658
225.658
Page 10

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Analysis of expenditure by activities
Activities
undertaken
Support
Total
directly
costs
funds
{11 months) 111 months) {11 months)
Developing young people
198,944
14,128
213,072
Activities
undertaken
directly
2023
Support
Gosts
2023
Total
funds
2023
Developing young people
208,336
17,322
225,658
Analysis of dirgct costs
Developing
young
Total
people
funds
111 months) {11 rnonthsl
staff costs
37,304
49,660
93,327
8,141
6,442
428
3,642
37,304
49,660
93,327
8.141
6,442
428
3,642
Rent of pitches and 5-a-side courts
Coaches and trainers
Fees and fines lo leagues
Kil
Trophies
Equipment
198,944
198,944
Page11

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Analysis of expenditure by activities Icontinuedl
Analysis of direct costs {continued}
Developing
young
people
2023
Total
funds
2023
Staff costs
Rent of pitches and 5-a-side courts
Coaches and trainers
Fees and fines lo leagues
Kit
Trophies
40, 794
90,464
47,683
20,338
8, 785
272
40, 794
90,464
47.883
20,338
8, 785
272
208,336
208,336
Analysis of support costs
Developing
young
Total
people
funds
2024
2024
111 months) {11 months)
Insuran
4,453
5,021
1,203
531
4,453
5,021
1,203
531
Website hosting
Managers & secretary's expenses
Advertising
Legal and professional fees
Governance costs
520
2,400
520
2,400
14,128
14,128
Page 12

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
Analysis of expenditure by activities Icontinuedl
Analysis of support costs Icontinuedl
Developing
young
people
2023
Total
funds
2023
Insuran
Website hosting
Miscellaneous expenses
Managers and secretary's expenses
Governance costs
993
4,825
1,666
7,438
2,400
993
4,825
1.866
7,438
2,400
17,322
17.322
Governance costs consists of £2,40012023.' £2,400) of Independent Examiners fees.
Independent examiner's remuneration
2024
2023
Fees payable to the Charitys independent examiner for the preparation and
independent examination of the Charitys annual accounts
2,400
2.400
staff costs
2024
2023
Wages and salaries
Contribution lo defined contribution pension schemes
34,851
2.453
38.118
2,676
37,304
40, 794
The average number of persons employed by the Charity during the period was as follows..
2024
No.
2023
No.
Staff
Page 13

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
staff costs {continued)
No employee re￿iVed remuneration amounting lo more than £60,000 in either year.
Key Management Personnel are deemed to be the Trustees, who are listed on the reference and
adminislralive details page. There was no remuneration paid to these in either year.
Trustees. remuneratlon and expenses
During the period, no Trustees re￿iVed any remuneration or other benefits (2023- £NIL).
During the period ended 31 May 2024, no Trustee expenses have been incurred (2023- £NIL).
Debtors
31 May
2024
30 June
2023
Due within one year
Gift Aid receivable
40,519
Prepayments and accrued income
4,695
45.959
4.895
10. Creditors: Amounts falling due within one year
31 May
2024
30 June
2023
Accruals and deferred income
15,958
Page 14

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
11. Statement of funds
statement of funds - current period
Balance at 1
July 2023
Balance at
Income Expenditure 31 May 2024
Unrestricted funds
General Funds
91.065
174,836
1213.072}
52,829
ststement of funds - prior period
Balan￿ at
30 June
2023
Balance al
l July 2022
Income Expenditure
Unrestricted funds
General Funds
63,563
253, 760
(225,658)
91,065
Page 15

HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
12.
Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted
funds
31 May
2024
Total
funds
31 May
2024
Current assets
Creditors due within one year
57,674
14,8451
57,674
14,8451
Total
52,829
52,829
Analysis of net assets between funds - prior period
Unrestricted
funds
30 Jung
2023
Total
funds
30 June
2023
Current assets
Creditors due within one year
107,023
{15,958J
107,023
(15,958)
Total
91,065
91,065
13. Related party transactlons
Donations from Iruslees tolalled £12,000.
Page 16