REGISTERED CHARITY NUMBER: SCO31458
FRIENDS OF LUBAVITCH SCOTLAND
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Redstone Associates Chartered Accountants 11 Whitchurch Parade Whitchurch Lane Edgware, Middlesex HA8 6LR
FRIENDS OF LUBAVITCH SCOTLAND
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
FRIENDS OF LUBAVITCH SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity funds Jewish education and the relief of poverty for people of all ages from toddlers to adults and senior citizens. Throughout the year they organise numerous events and activities including Shabbos and Festival hospitality programmes and distribution of food to the needy. Every event and programme has to be subsidised.
Over the past year, Lubavitch Scotland’s Food Hardship fund continues as usual, giving much support to people in need post Covid-19 pandemic, particularly by supplying free and below cost meals to numerous people within the community.
ACHIEVEMENT AND PERFORMANCE
Fundraising activities
Fundraising is achieved through approaches to individuals and charitable trusts.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
SCO31458
Principal address
8 ORCHARD DRIVE GIFFNOCK GLASGOW G46 7NR
Trustees
Independent Examiner
Redstone Associates Chartered Accountants 11 Whitchurch Parade Whitchurch Lane Edgware, Middlesex HA8 6LR
Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FRIENDS OF LUBAVITCH SCOTLAND
I report on the accounts for the year ended 31 December 2024 set out on pages three to nine.
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Redstone Associates Chartered Accountants 11 Whitchurch Parade Whitchurch Lane Edgware, Middlesex HA8 6LR
31 October 2025
Page 2
FRIENDS OF LUBAVITCH SCOTLAND
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 248,829 Other income - Total 248,829 EXPENDITURE ON Charitable activities 3 Events, educational programmes, youth activities and food supply 108,088 Advertising & promotions 5,839 Insurance 4,758 Telephone and internet 4,512 Printing, postage, stationery 19,491 Motor, travel and food deliveries 16,864 Legal and professional expenses 3,711 Wages, pensions and national insurance 50,176 Rent, rates, utilities and centre maintenance 33,776 Bank and credit card charges 555 Repairs and renewals - Total 247,770 NET INCOME/(EXPENDITURE) 1,059 RECONCILIATION OF FUNDS Total funds brought forward 13,764 TOTAL FUNDS CARRIED FORWARD 14,823 |
2023 Total funds £ 248,130 - 248,130 113,481 7,233 4,307 3,098 18,111 21,109 4,050 47,669 31,059 581 - 250,698 (2,568) 16,332 13,764 |
|---|---|
The notes form part of these financial statements
Page 3
FRIENDS OF LUBAVITCH SCOTLAND
BALANCE SHEET 31 DECEMBER 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 7 | 12,428 | 12,264 |
| Cash at bank | 3,590 | 2,685 | |
| 16,018 | 14,949 | ||
| CREDITORS | |||
| Amounts falling due within one year | 8 | (1,195) | (1,185) |
| NET CURRENT ASSETS/(LIABILITIES) | 14,823 | 13,764 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 14,823 | 13,764 | |
| NET ASSETS | 14,823 | 13,764 | |
| FUNDS | 9 | ||
| Unrestricted funds | 14,823 | 13,764 | |
| TOTAL FUNDS | 14,823 | 13,764 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2025 and were signed on its behalf by:
The notes form part of these financial statements
Page 4
FRIENDS OF LUBAVITCH SCOTLAND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
-
the requirements of Section 7 Statement of Cash Flows;
-
the requirement of paragraph 33.7.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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FRIENDS OF LUBAVITCH SCOTLAND
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
2. DONATIONS AND LEGACIES
| Donations | 2024 £ 248,829 |
2023 £ 248,130 |
|---|---|---|
3. CHARITABLE ACTIVITIES COSTS
| 3. CHARITABLE ACTIVITIES COSTS |
|||
|---|---|---|---|
| Events, educational programmes, youth activities and food supply Advertising & promotions Insurance Telephone and internet Printing, postage, stationery Motor, travel and food deliveries Legal and professional expenses Wages, pensions and national insurance Rent, rates, utilities and centre maintenance Bank and credit card charges Repairs and renewals 4. SUPPORT COSTS Management £ Insurance 4,758 Telephone and internet 4,512 Printing, postage, stationery 19,491 Motor, travel and food deliveries 16,864 Legal and professional expenses - Wages, pensions and national insurance 50,176 Rent, rates, utilities and centre maintenance 33,776 Bank and credit card charges - Repairs and renewals - 129,577 |
Support Direct costs (see Costs note 4) £ £ 108,088 - 5,839 - - 4,758 - 4,512 - 19,491 - 16,864 - 3,711 - 50,176 - 33,776 - 555 - - 113,927 133,843 Governance Finance costs £ £ - - - - - - - - - 3,711 - - - - 555 - - - 555 3,711 |
Totals £ 113,481 7,233 4,307 3,098 18,111 21,109 4,050 47,669 31,059 581 - |
|
| 247,770 | |||
| Totals £ 4,307 3,098 18,111 21,109 4,050 47,669 31,059 581 - |
|||
| 133,843 |
continued...
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FRIENDS OF LUBAVITCH SCOTLAND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
| 6. | STAFF COSTS | |||||
|---|---|---|---|---|---|---|
| 2024 | 2023 | |||||
| £ | £ | |||||
| Wages and salaries | 50,176 | 47,669 | ||||
| 50,176 | 47,669 | |||||
| The average monthly number of employees during the year was as follows: | ||||||
| 2024 | 2023 | |||||
| Manager | 1 | 1 | ||||
| General staff | 4 | 4 | ||||
| 5 | 5 | |||||
| No employees received emoluments in excess of £60,000. | ||||||
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2024 | 2023 | |||||
| £ | £ | |||||
| Other debtors | 12,428 | 12,264 | ||||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 2024 | 2023 | |||||
| £ | £ | |||||
| Other creditors | 1,195 | 1,185 | ||||
| 9. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At | 1.1.24 | in funds | 31.12.24 | |||
| £ | £ | £ | ||||
| Unrestricted funds | ||||||
| General fund | 13,764 | 1,059 | 14,823 | |||
| TOTAL FUNDS | 13,764 | 1,059 | 14,823 |
continued...
Page 7
FRIENDS OF LUBAVITCH SCOTLAND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 248,829 248,829 |
Resources Movement expended in funds £ £ (247,770) 1,059 (247,770) 1,059 |
|---|---|---|
Comparatives for movement in funds
| At 1.1.23 £ Unrestricted funds General fund 16,332 TOTAL FUNDS 16,332 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 248,130 TOTAL FUNDS 248,130 |
Net movement At in funds 31.12.23 £ £ (2,568) 13,764 (2,568) 13,764 Resources Movement expended in funds £ £ (250,698) (2,568) (250,698) (2,568) |
|---|---|
Comparative net movement in funds, included in the above are as follows:
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.23 | in funds | 31.12.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 16,332 | (1,509) | 14,823 |
| TOTAL FUNDS | 16,332 | (1,509) | 14,823 |
continued...
Page 8
FRIENDS OF LUBAVITCH SCOTLAND
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 496,959 496,959 |
Resources Movement expended in funds £ £ (498,468) (1,509) (498,468) (1,509) |
|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 9
FRIENDS OF LUBAVITCH SCOTLAND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS Donations and legacies Donations Other income Other income Total incoming resources EXPENDITURE Charitable activities Advertising Events/educational programmes/food supply Support costs Management Wages, pensions and casual labour Rent, rates, utilities and centre maintenance Insurance Telephone Postage and stationery Motor, travel and food deliveries Repairs & renewals Finance Bank and credit card charges Governance costs Accountancy and legal fees Total resources expended Net (expenditure)/income |
2024 £ 248,829 - 248,829 5,839 108,088 113,927 50,176 33,776 4,758 4,512 19,491 16,864 - 129,577 555 3,711 247,770 1,059 |
2023 £ 248,130 - 248,130 7,233 113,481 120,714 47,669 31,059 4,307 3,098 18,111 21,109 - 125,353 581 4,050 250,698 (2,568) |
|---|---|---|
This page does not form part of the statutory financial statements
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