Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 December 2025

And signed on behalf of the board by:
Name: Matthew Weiner
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2025

Balance sheet

As at 31 March 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Revenue is recognised to the extent that it is probable that the economic benefits will flow to CTL and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover represents income from the sale of goods and services, and includes: - Fees receivable from Jewish Care in respect of the ongoing development of the Redbridge campus, which are charged on a cost-plus basis (supplier costs incurred plus a fixed mark-up and applicable VAT); - Income from the operation of Head Room, a cafe and community space transferred from JSAS on 1 April 2024; - Sales of items from small retail outlets located on care campuses; and - Receipts from fundraising events. Revenue from the Redbridge development is recognised as costs are incurred, in line with the agreed cost-plus arrangement. This reflects the transfer of economic benefit and aligns with the contractual entitlement to reimbursement plus margin.

  Tangible fixed assets depreciation policy

  During the year, CTL acquired fixed assets for the first time following the transfer of Head Room operations from JSAS. Previously, CTL did not own any fixed assets. Tangible fixed assets are stated at cost less depreciation and any impairment losses. All single items of equipment with a useful life of more than one year and a value of more than £1,000 are capitalised. Only expenditure on property that is a new build or an improvement or an extension of existing facilities has been defined as fixed assets. Depreciation is calculated on a straight-line basis. The costs of fixed assets are written off over their useful lives, which are estimated to be: Leasehold improvement 10 years Equipment 8 years Motor vehicles 7 years

  Other accounting policies

  Expenditure is accounted for on an accruals basis. Any irrecoverable VAT is included with the costs to which it relates. Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less. CTL has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised when CTL becomes party to the contractual provisions of the instrument. CTL is a wholly owned trading subsidiary of Jewish Care. All taxable profits are donated to the parent charity under the Gift Aid scheme, and therefore no corporation tax charge arises. CTL is registered for VAT, and any VAT liabilities are recognised within creditors. CTL had not applied any critical estimates or judgements on 31 March 2024 or 2025.

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	8	0

  CTL employed an average of eight staff members during 2024-25. These individuals operated Head Room, a cafe and community space previously run by JSAS. No staff costs were incurred in prior years.