HIGH E AND MUSWELL HILL EWISH YOUTH CLUB CCOUNTS FOR THE PERIOD ENDED I MAY 2025 HIGHGATE AND MUSWELL HILL EWISH YOUTH CLUB REFE.IiENCE AND ADMINI¢T.IIATIVE DETAII ¢ OF THE CF.IARITY ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 MAY 2025 Douglas Conn Simon Pollock Nichola5 Sonenfield Avrdm Goldberg- Chair (appointed l June 2024) Charity Registered Number 303051 Principal Office 70 Bridge Lane London NWI I OEJ Independent Examiner Fknchman & Company 293 Kenton Lane Harrow HA3 8RR Bankers Metro Bank PLC I SoLrthampton Row London WCIB SHA HIGHGATE AND MU WELL HIL EWIS YourH LUB TRUSTEE, REPORT FOR THE PERI 31 MAY 2025 ENDED The Trusoe5 present their annual reporc together vnrh the financial statements of the Charity for the l June 2024 to 31 May 2025. Objectives and Activitie (a) Policies and Objectives The obj￿rIveS of the chartty as per rts governing document a To further the development and education of boys. young men, girls and young women through tiieir I￿sure time activities so as to help them achieve their physical. menral and spiritual potrntial 50 that they may grow to full maturity as indNiduals and member5 of society and their conditions of life may ￿ improved. In setung objectives and planning for activitie5, the Trustees have given due consideration to general guidan published by the Chariry Commission relating to public benefiL including the guidance 'Public benef￿ running a charity {PB2!'. {b) Activities Undertaken to Achieve Objectives The Club is an Affiliated Member Club of the Football Association and is a Football and Youth Club for Boys, Gids and AduEts for all ages. The Club's main aim is to help provide a base for the community to play football in a Safe and nurturing environment HMH is based on strong core fdlues and its ethical treatmentto all playe There are regular training sessrons for ages. As one of the UK'S leadingjewsh Football Clubs and the onty one to be affiliated to Mac¢2bi GB with team5 in the Maccabi Junior, WatFord Friendly, Excell and Maccabi Southern League¥ the Club are a 2-mr FA Accredited Club working towards our 3rd star. The Club seeks to provide membership to Jewish children that wish to play and encourages participation and gves equal treatment and coaching to players of all skill levd Trie Club does not vxclude frorn ILS memkn4ip ose thai cannot afford to contribu The tram5 are run. primarily. bx parents. Achievements and Perfonnance: (a) Going Concern After making appropriate enquiries. the Tru5tee5 have a reasonable expettation that the Charity ha5 adequa resourc￿ to continue in operntional ex1Xen￿ for the fore5eeabie fLrture. The Truxees have reviewed the Charity's financial position, including cash balance5, ongoing incowe from member contributions and expecod expenditure. Based on this review. they are satisfied that the Chariry is in a F*)Stoon to meet its liabilities as thtry fall due. Accordints, the Trustees continue to adopt the going con￿rn basis in preparing the financial statements. Further details regarding the adoption of the going concern basis on be found in the accounting policie& Accordingly. the Trustees continue to adopt the going concern basis in P￿paring the financial statements. Futher details regarding the adoption of the going Con￿rn basFS can be found in the accounting policie5. GHGATE AND M SWE HILL ISH Yo THCL USTEES REPORT FOR THE PERIOD 31 MAY 2025 NDED (b) Reserves Policy At the year end the trust's reserves were £17.556 Q024: £52.829). There was £10.729 P024: £11.674) in the trust's Dank attounl all of whith is heid in unrestricted funds. These funds are neld in order to meet any unforeseen exF*nditure. The trustees review the level of funds required on an annual basis when they set the level of donattons for the year. (c) Review of the Year The Club raises its income from its memtrws by of contributions and the resultant gift aid reclaims that can be mad During the period ended 31 May 2025 the Club gerserated income of £326.531 (2024.. £174.836) and incurred costs of £361,804 (2024: £213.072}, resulting in nee (deficFt) of £(35,273) Q024.. £38236). Strncture, Governance and Management (a) Constitution Highgate and Muswell Hill Jewish Youth Club is L regI￿red chartty, number 303051. and its constituted under a Trust deed. (b) Methods of appointment or election of Trustees The Trustees a￿ responsible for preparing the Trustees, Repor¢ and the financial statements in accordance th applicable law and United Kingdom Accounting Standards (United Kingdom Generdlty Attepted Accounting Prnctice). The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which gve a true and fair view of the state of affairs of the Charity and of its incoming resourts5 and aP￿Ication of resources, including its income and expenditure for that period. In preparing these financi sratrments. the Trustees are required to Selett suitable accounttng p)licies and then apply them consistendy," Observe the methods and principles of the Charities SORP (FRS 102)". Make judgements and accounting estimates that are reasonable and pruden Stats whether applicable UK Accounting Standards (FRS 102} have been followed, subject to any material depar￿￿ disclosed and explained in the financial s12￿Ments. Prepare the financial ststrments on the going COn￿M basis unless it is inappropriate to presume that the Charity will continue in busine5 The TrUS￿e$ are responsible for k*ping adequate accounting records that are sufficient to show and exptain the Charity's transactions and disclose with reasonable accuracy atany tFme the financial FX)sition of the Chariry and enable them to ensure that the financial statements comply with the Charities Act 201 l. the Charity (Accounts and Reports) Regulations 2CQ8 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Chariry and hence for taknng reasonable Steps for the prevention and detection of fi3ud and other irregularities. HIGH AT ND MUSWELL HILL YOUTH TRUSTEE. PORT FOR THE PERI 31 MAY202 Approved by order of the members of the board of Truscees and signed on their behalf br. Avram Goldberg Trus Dat HI HGATE AND MUS ELL HILL EWISH OUTH CLUB ANDEPENDENT EXAM NER'S REPORT FO 31 MAY 2025 HE PERIOD ENDED Independent Examiner's Report to the Tr¥J5tees of Highrdte and Muswell Hill Jewish Youth Club ('the Charity). I report to the chariry Trustee5 on my examination of the accounts of the Charity for the peri¢)d ended 31 May 2025. Responsibilities and Basis of Report As the Trustees of the Charity you are responsible for the preparation ofthe accounts in accordan￿ with the requirements of the Chariues Att 2-,1 ('the 2011 Acc,). I report in respect ofthe examination of the Chariry's accounts carried out under sectbon 145 ofthe 201 l Act and in carrying out my examination I have followed the applicable direttions given by the Charity Commission under Section 145(5)(b) of the 2011 ACL IrKlependent Examinerfs Statement I have completed my examination. I confirni that no matws have come to my at￿ntiOn in connection the examination giving me cause to believe that in any material respe l. Accounting records were not kept ift respett of the Charity as required by secrion 130 of the 2011 Ac¢ or l The accounts do not accord with those records,- or 3. The accounts do not comply with the appli￿ble requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a b-ue and f￿r. view which is noc a matter considered as part of an independent examination. I kAYe w concerns and Have come across nc other matters in conp.ection with the examination to which attenoon should be dravm in thi5 report in order to enable a proper understsnding of the accounts to be reathed. This report is made solely to the Charl￿$ Trustees as a body, in accordance with Part 4 of the CharTues (Accounts and Repx)rts) Regulations 2008. My work has been undertaken so that I might ststr to the Charity's Trustees those matters l am required to state to them in an Independert Examinerfs Report and for no other purpose. To the fullest e￿nE permitted by law. I do not accept or assume responsibiliry to anyone other than the Charity and the Charity's Trustees as a body. for ry work or frjr this reporL Roberi RichTrtaT5 Richman & Co 293 Kenton Lane Harrow HA3 8RR HIGHGATE AND fvIUSWELL HILL JEWISH YOUTH CLUB STATEMENT OF FINANCIAL AcfiviTIES FOR THE PERIOD ENDED 31 fv1AY 2025 Unrestrirted Fund5 2025 Total Fund5 2025 Total Funds 2024 Intorne frorn: (Note 31 Donations and Legacies Total Income 326.531 326.531 174.836 326.531 326.531 174.836 nditurre on: INote 41 Charitable activities 361.804 361.804 213,072 Total Expenditure 361.804 361.804 zts.on Net Movement in Funds (35,273) 13S,273) 138.236} Re¢on¢llSatlon of Fund Total Funds brought Forward SI￿29 SI￿29 91.065 Net Movement in Funds 135.273) 135.273) 38236 Totsi Funds carried Forward 17.556 17.556 52.829 The Statemènt of Financial Activities include5 all gain5 and losse5 rètognised in the period. The notes on Pages 8 to 16 form part of these fir¢ancial statements. HIGHGATE AND MUSWELL HILL JE￿SH YOUTH CLUB BALANCE SHEET AS AT 31 MAY 2025 CURRENT A&8Ers 45.959 Debtor5 7.847 11.715 Cash at Bank and in hand 1.674 18A76 CREDtroRS Amounts Falling Due Wfthin One Year TOTAL NET ASSETS 52.829 17.556 Cha 52,829 Unr•striet•d Funds 11 17.556 Total Funds 17,556 The finan￿al st8tem8nts were approved aThJ authorised for issue by the Truste8s and signed on their tehalf by. Avram Goklbg Thg notss on Pages 8 to 16 fomi partofthese financial statements. HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 GENERAL INFORMATION Highgate and Muswell Hilljewish Youth Club is a charity registered with Charity Commission constituted under a Deed of Trust with charity number 303051. ACCOUKtIl4G POLICIES LI BASIS OF PREPARATION OF FINANCIAL STATEMEKrs The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in atcordance wsth the Financsal Reporting Stindard applicable in the UK and Republic of Irelant4 IFRS 1021 leffertive l January 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 benefft entity under FRS 102. Assets and liabilities are initialty recognized at historical cost or transaction value unless otherwise ststed in the relevant accounting policy. 12 INCOME All income is reco8nised On￿ the Charity has entitlement to the incgme. It 15 possible that the income will be received and the amount of income receivable can be measured reliably. 13 EXPENDITURE Expenditure is recognised On￿ there is a legal or construrtive obligation to transfer economic benefrt to a third party. 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 c1855ified by 3ctivity- The costs of each act¥v¥ty are made up of the total of dirett costs and shared costs. Trncluding 5UPPOrt Costs involved in undertaking each actrvtty- Direct costs attributable to a single activity are allocated directty to that activity- Shared costs which contribute to rnore than one activity and support costs which are not attributable to a single artivity are apportioned between those actsvitse5 on a basis consi5tentvthththeuse Tesour￿5. CentTai StBii [05th aTe ailocaied on tt>e bas15 of time 5penL and depreciation charges allocated on the portion of the assevs use. Expenditure on charitable activities is incurred on directly undèrtaking the activities which further the Charitys objectives. as well as any associated support costs. All expenditure is indusive of irrecoverable VAT. HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 14 DEBTORS Trade and other debtors are recognized at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade dtscounts due. 2.5 CASH AT BANK AND IN HAND Cash at b8rLk aid in hèiid i-,dddei eosh and short4errn hi8hly liq￿1￿ i- wt.h è short Fnaturity of three months or less from the date of acquisition or opening of the deposit or similar accounL 16 LIABIUTIES AND PROVISIONS Liabiltties are recognised when there is an obligat50n at the Balance Sheet date as a result of a past evenL it 15 probable that a transfer of economic benefit will be required in settlemenL and the amount of the settlement can be estirrtated reliabty. abilities are recognised at the amount that the Charity anticipate5 it will pay to settle the debt or the amount it has received as advanced payments for the goods or servi￿$ it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effert of the time KialL* of w.er*¥ ig material. the praL'isian is based on t￿e presentV31ue cf those amounts, discounted at the pre-tax discount rate that reflertS the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activtties as a finance cost. 17 Fif4ANCIAL INSTrUCTIONS The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instrurtions. Basic finantial Instructions are initially recognised at transaction value and subsequently measured at their settlement value WTth the excèptign of Bank Loans which are subsequently measured at amortised cost using the effettive interest method. PENSIONS The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the period. 19 FUND ACCOUNTING General ftjnds are unrestricted funds which a￿ available for use at the dISc￿tion of the Trustees in fijrtherance of the general objectives of the Charty and which have not been designated for other purposes. HIGHGATE AND MUSWELL HILL JEWISH YOUTH CLUB NOTESTO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 INCOME AND DONAMONS AND LEGAaES UrFrestrirted Funds 2025 11 months Total Funds 2025 Donations 326,531 326.531 Unrestrirted Funds 2024 11 month5 Total Funds 2024 11 months Donations 174,836 174.836 ANALYSIS OF EXPENDrruRE ON CHARIABLE ACTIVITIES Summary by furtd type: UnrÈstrltt￿ Funds Ttstal Funds 2025 Developing Young People 361.804 361,804 Unrestrirted F4Fnds 2024 11 months Totsl Funds 2024 11 months DevelopÈng Young People 213.072 213,072 io- HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 ANALYSIS OF EXPENDITURE BY ACTJVMES Activitiès Undertaken Dirertl 2025 Total Funds 2025 Costs Developin8Young People 339,705 22,099 361,804 Acti¥tties Undertaken Dirertl 2024 11 months Totsl Funds 11 months Costs 11 months 2024 2024 Developing Young People 198.944 14.128 213.072 Analysls of direct costs in You Total Funds 2025 2025 Staff Costs Rent of pitches and 5-a-side courts Coaches and Trainers Fees and fines to Leagues Kit Equipment 47.310 151,568 97,543 21.351 15,933 47,310 151,568 97,543 21,351 15,933 339,705 339,705 li HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 l)evelo in Peo 11 months Youn Total Funds 11 months 2024 2024 Staff Costs Rent of pitches ond 5-a-side courts Coaches and Trainers Fees and fines to Leagues 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 Trophies Equipment 198.944 198,944 Develo in Peo 2025 Youn Total Funds 2025 Insurance Website Hosiing Printin& Postage & Ststionary Advertising Clubhouse Expendfsrs 2024 Wages and Salarres Contribution to defined contribution pension schemes 44.634 2.676 34.851 2,453 47.310 37.304 The average number of persons employed by the Charity dLsring the period was as follows.. 20Z5 2024 Staff No employee received remuneration amounting to more than £6D.(XKI in etther year. Key Management Personnel are deemed to be the Trustees, who are listed on the ￿ference and administrative details Page. There was rernuneration paid to these in either year. TRUSTEES, REMUNERATION AND EXPENSE5 During the period no Trustees received any remuneration or other bèneffts12024-£Nill. Duringthe period ended 31 May 2025. no Trustee expenses have been incurred12024-£Nill. DEfiORS 2025 2024 Due wlthin Onèyear: Gift Aid Receivable Prepayments and Accrued Income 40,519 7,847 7,847 4.695 HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MAY 2025 io. CREDITORS 31Ma 2025 31Ma 2024 Amounts Falllng Due wrthin One Year: AetEua15 and Defe-lred Income 1.020 4,845 IL STATEMENTOF FUNDS Statement of fun¥Js- current period Balance as at l June 2024 Balance as at 31Ma Income endrture Unrestrfcted Funds General Funds 52,829 326,531 1361,8041 17,556 Balance as at lju Balance as at Ima 2024 Ex enditu UnrÈ#rirted Funds General Funds 91,065 174.836 1213,0721 52,829 ANALYSIS OF AsS￿s BEnAIEEN FUNDS Analysis of nÈt assets between funds-current perlod Unrestrlrted Funds 31Ma 2025 Total Funds 31M 2025 Current Assets Creditor5 due Within One Year 18.576 11.0201 18,576 11,0201 17.556 17,556 14- HIGHGATE AND MUSWELL HILLJEWISH YOUTH CLUB NOTES TO THE ACcOU￿s FOR THE PERIOD ENDED 31 MAY 2025 Anafysis of net Assets between Funds-prior perlod Unrestricted Funds 31Ma 2024 Totsl Funds 31Ma 2024 Current Assets Creditors due Within One Year 57,674 14,8451 57,674 14,8451 52.829 52,829 15