Lubavitch Liverpool Charity Accounts

COMPANY REGISTRATION NUMBER: 06333245

CHARITY REGISTRATION NUMBER: 1123511

Lubavitch Liverpool

Company Limited by Guarantee

Unaudited Financial Statements

10 September 2025

Lubavitch Liverpool

Company Limited by Guarantee

Financial Statements

Period from 1 September 2024 to 10 September 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Independent examiner's report to the trustees	4

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Notes to the financial statements	7

Lubavitch Liverpool

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Period from 1 September 2024 to 10 September 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the period ended 10 September 2025 .

Reference and administrative details

Registered charity name	Lubavitch Liverpool

Charity registration number	1123511

Company registration number	06333245

Principal office and registered	76 Beech Lane
office	Liverpool
	L18 3ER

The trustees

	Mr J Max
	Mr P Chein

Independent examiner	Yisroel Levenson FCCA CTA
	Rico House
	George Street
	Manchester
	M25 9WS

Structure, governance and management

Governing document

The charity is constituted as a company limited by guarantee, and is therefore governed by its Memorandum and Articles of Association, incorporated on 3 August 2007.

Recruitment and appointment of new trustees

New trustees are appointed due to their interest in the work of charity and their recognised experience in specific fields which will further support the work of the charity.

Induction and training of new trustees

New trustees are given a full induction by the existing trustees. Trustees can retire when they wish as they do not serve under a fixed term of tenure. The appointment of new trustees is at the discretion of the serving trustees. All decisions made on behalf of the charity are made by the trustees.

Objectives and activities

Objectives and aims

The objects of the charity are as follows:

1. The advancement and promotion of the Jewish religion for the benefit of the public in accordance with the orthodox tenets thereof.

2. the advancement of public education including education in the orthodox Jewish faith and the provision of recreational facilities ancillary thereto.

3. the relief of financial hardship by the provision of financial assistance to persons of the Jewish faith who are in need to enable them to observe and perform the rites and practices of the Jewish religion.

4. any other objects that are considered charitable by laws of England and Wales.

Public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

Activities

The main activities are ‘preparing ourselves for the ultimate redemption’ through ensuring Jewish continuity by reinforcing Jewish identity and providing nourishing educational & social activities, reaching out to all, whether in times of crisis, celebration and in daily life. The charity’s main income is from contributions which enable the charity to achieve its objectives.

Achievements and Performance

During the year 2024-25 the charity continued to run and expand all its programmes and activities to include youth activities, festival and Sabbath activities, adult education programmes, social services, Judaica services and publications. Chanukah, Purim, Passover and Shavuot activities have grown with programs for children in the Jewish schools of Liverpool.

New for this year is our expanded teen programming, Cteens and Liverpool Teffilin Club.

Financial review

Financial position

Income from donations totalled £209,874 (2024 - £160,502). Expenditure in furtherance of charitable activities aggregated £174,099 (2024 - £167,087) resulting in net income of £35,990 (2024 - expenditure of £6,585). The financial results of the charity's activities for the year to 30 June 2024 are fully reflected on pages 4 and 5 of the Financial Statements together with the notes thereon.

Reserves policy

The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on activities and receiving resources through voluntary grants. The trustees consider that the ideal level of reserves would be three months of resources expended.

Plans for future periods

The trustees plan to continue and increase the charity’s activities and programs; especially in the areas of youth and children.

The trustees' annual report and the strategic report were approved on 29 June 2026 and signed on behalf of the board of trustees by:

Mr J Max

Trustee

Lubavitch Liverpool

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Lubavitch Liverpool

Period from 1 September 2024 to 10 September 2025

I report to the trustees on my examination of the financial statements of Lubavitch Liverpool ('the charity') for the period ended 10 September 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) 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:

1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

Yisroel Levenson FCCA CTA Independent Examiner

Rico House George Street Manchester M25 9WS

29 June 2026

Lubavitch Liverpool

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Period from 1 September 2024 to 10 September 2025

	Period from 1 Sep 24 to 10 Sep 25		Year to 31 Aug 24
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	209,874	209,874	160,502
Investment income	6	215	215	–
		---------	---------	---------
Total income		210,089	210,089	160,502
		---------	---------	---------

Expenditure

Expenditure on charitable activities	7,8	174,099	174,099	167,087
		---------	---------	---------
Total expenditure		174,099	174,099	167,087
		---------	---------	---------

	---------	---------	---------
Net income/(expenditure) and net movement in funds	35,990	35,990	( 6,585)
	---------	---------	---------

Reconciliation of funds

Total funds brought forward	20,035	20,035	26,619
	---------	---------	---------
Total funds carried forward	56,025	56,025	20,034
	---------	---------	---------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Lubavitch Liverpool

Company Limited by Guarantee

Statement of Financial Position

10 September 2025

	10 Sep 25	31 Aug 24
Note	£	£

Fixed assets

Tangible fixed assets	14	11,233	14,040

Current assets

Debtors	15	2,600	6,879
Cash at bank and in hand		44,128	1,609
		--------	-------
		46,728	8,488

Creditors: amounts falling due within one year	16	1,936	2,494
		--------	-------
Net current assets		44,792	5,994
		--------	--------
Total assets less current liabilities		56,025	20,034
		--------	--------
Net assets		56,025	20,034
		--------	--------

Funds of the charity

Unrestricted funds		56,025	20,034
		--------	--------
Total charity funds	17	56,025	20,034
		--------	--------

For the period ending 10 September 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 29 June 2026 , and are signed on behalf of the board by:

Mr J Max

Trustee

Lubavitch Liverpool

Company Limited by Guarantee

Notes to the Financial Statements

Period from 1 September 2024 to 10 September 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 76 Beech Lane, Liverpool, L18 3ER.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% reducing balance
Equipment	-	20 % reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

Every member of the Charity undertakes to contribute such amount as may be required (not exceeding £10) to the Charity's assets if it should be wound up whilst he or she is a member or within one year after he or she ceases to be a member, for payment of the Charity's debts and liabilities contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Donations type 1	209,874	209,874	160,502	160,502
	---------	---------	---------	---------

6. Investment income

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Bank interest receivable type 1	215	215	–	–
	----	----	----	----

7. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
	£	£	£	£
Activity type 1	162,097	162,097	156,412	156,412
Support costs	12,002	12,002	10,675	10,675
	---------	---------	---------	---------
	174,099	174,099	167,087	167,087
	---------	---------	---------	---------

8. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£
Activity type 1	162,097	12,002	174,099	167,087
	---------	--------	---------	---------

9. Analysis of support costs

	Analysis of support costs activity 1	Total 2025	Total 2024
	£	£	£
Governance costs	12,002	12,002	10,675
	--------	--------	--------

10. Net income/(expenditure)

Net income/(expenditure) is stated after charging/(crediting):

	10 Sep 25	31 Aug 24
	£	£
Depreciation of tangible fixed assets	2,807	3,509
	-------	-------

11. Independent examination fees

	Period from
	1 Sep 24 to	Year to
	10 Sep 25	31 Aug 24
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	1,056	880
	-------	----

12. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	Period from
	1 Sep 24 to	Year to
	10 Sep 25	31 Aug 24
	£	£
Wages and salaries	31,272	29,725
	--------	--------

The average head count of employees during the period was 2 (2024: 2 ). The average number of full-time equivalent employees during the period is analysed as follows:

	10 Sep 25	31 Aug 24
	No.	No.
Number of staff - type 1	2	2
	----	----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

13. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

14. Tangible fixed assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 September 2024 and 10 September 2025	8,092	24,235	32,327
	-------	--------	--------
Depreciation
At 1 September 2024	5,749	12,538	18,287
Charge for the period	468	2,339	2,807
	-------	--------	--------
At 10 September 2025	6,217	14,877	21,094
	-------	--------	--------
Carrying amount
At 10 September 2025	1,875	9,358	11,233
	-------	--------	--------
At 31 August 2024	2,343	11,697	14,040
	-------	--------	--------

15. Debtors

	10 Sep 25	31 Aug 24
	£	£
Trade debtors	–	5,495
Prepayments and accrued income	–	384
Other debtors	2,600	1,000
	-------	-------
	2,600	6,879
	-------	-------

16. Creditors: amounts falling due within one year

	10 Sep 25	31 Aug 24
	£	£
Accruals and deferred income	1,936	880
Social security and other taxes	–	152
Other creditors - desc in a/cs	–	1,462
	-------	-------
	1,936	2,494
	-------	-------

17. Analysis of charitable funds

Unrestricted funds

	At 1 September 2024	Income	Expenditure	At 10 September 2025
	£	£	£	£
General funds	20,035	210,089	(174,099)	56,025
	--------	---------	---------	--------

	At 1 September 2023	Income	Expenditure	At 31 August 2024
	£	£	£	£
General funds	26,619	160,502	(167,087)	20,034
	--------	---------	---------	--------

18. Analysis of net assets between funds

	Unrestricted Funds	Total Funds 2025
	£	£
Tangible fixed assets	11,233	11,233
Current assets	46,728	46,728
Creditors less than 1 year	(1,936)	(1,936)
	--------	--------
Net assets	56,025	56,025
	--------	--------

	Unrestricted Funds	Total Funds 2024
	£	£
Tangible fixed assets	14,040	14,040
Current assets	8,488	8,488
Creditors less than 1 year	(2,493)	(2,493)
	--------	--------
Net assets	20,035	20,035
	--------	--------