REGIsfERED CHA NUMBER: 1023277 Report of the Trustees and Unaudited financi•l Statam•nts for the Period l October 2021 to 31 December 2022 srAINES SYNAGOGLIE CHARrrABLE TRUST 42 LY Road Hertfordthire EN5 58Y
srAINES SYNAGOGUE CHARrrABLE TRusr Contents of the Financial Statements for the Period l October 2021 to 31 December 2022 Page Reference and Admlnlslratlve D¢tslls Report ofthe Tntt$ 2 to 3 Independent EMIlIe9 Report StJtem¢nt ol FlThandal Artlvltles Balance Sheet Nohs to tht Anandal Ststwnents 7 to 9 Detalled Statement of Flnanclal Artlvlti io
STAINES SYNAGOGUE CHARrfABLE TRusr Reference and Administrative Details for the Period l October 2021 to 31 December 2022 Mr M B Fellman (resignej 19.4.24} Mr A SthripFer {re99j 19.4.24) Mrs M Mr M Shefras {aw)inted 18.4.24) Mr R Fox (apInt 18.4.24} PRINCIPAL ADDRESS Stsines sYnaue Stsi Mi(*Jlesex TWI8 4PR REGISTERED CHARITY NUMBER 1023277 INDEPENDENT EXAMINER Chart¥&l ACc(nnts 42 Lytton Road Bamet HOrdshire EN5 5BY Page I
srAINES SYNAGOGUE CHARrrABLE TRusr Report of the Trustees for the Period l Ortober 2021 to 31 December 2022 The trustees est theor rewrt vlth the flnandal Stat of the charlty for the period I (Ober 2021 to 31 DernLr 2022. The trus have ath>ptèJ the provi&ons of Accounting and Reporting by Charities: Statement of Recommended practi aWKabk to charitres prwr¥J their CoUnts in accordarKe wth the Flnanclal RepThfjng Standard applicable in the UK aThJ RepublK of Irda (FRS 102) {effectNe l Jamary 2019). OBJECrnIES AND AcfivmES Objectlves and aims The Synagogue's oblth are to akn the J&Yith relhjkn In X0)rd wh the teachings and wactkes of progressve Juda1n. To further these objecuves the Charty Is to malntakn syrtwue for worshlp, rular Sthces, prode the servi5 of a Rabb" and a Cantor, aTrJ [ide le11)uS education to Jewish children, youth and adults. The SYnagcue is authori to provKk faoh'ties marriagesi Irra1 aThJ assi5tsn for the ag&d, the sick and the needv. It is the wrpose of the Onty to enwre the cont6MIty of the OrtIK>Jox Jewlsh Community in the Stalnes and Dlstr Publlc benefit The Trustees have Compr wth thar duty under the charl Att 2011 to have due rewd to Ihe guidarKe published by the Charity commiss1. The benefft to the Ls manifestty (awnted by ts artwities ar xhievanents contained in this rep)rL GrantmJklng The Charity makes grants to tlw organsath)ns wlth slmmar Charttable obJVe5. dwlng he year grants totalling ÉNil (2021: £NII), wwe mad ACHIEVEMEKf AND PERFORMANCE Investment performance The Trustees use recojnised fijnds within the Blackrock Chadty wtfolb, desp Ih thallewlw Umes, the Trustees are 5atirfied with the rornnCe for the yr. FINANCIAL REVIEW The Income received for year was £23,063 arbj nh•Je a net deficlt of £4,503. srRUCTURE, GQVERNAf4cE AND MANAGEMENT The Trust is an unincorForateJ charity, Charrty No. 1023277, by a tn& deed date 29 March 1993. There are five Trustees that rr& to make decLskYJs In regard5 to tr finarKlal management and gownarKe of the Charrty. All trustees glve their time vohjntary ar¥J rereive no remuneraticfi or oilw bfits. srATEMENT OF TRUSTEES. RESPOP4SIBILrriES The trustees are reswjnsible for prepariro the Rem of the Trustees and the finar•ial statwnents in accordarte with applicabk law unl Kirydom AccwntirvJ Stsrnlards (United Kirydom Gerernlty Acceptej Accc#Jnting Pre). The law appUcabk to charities in EThj aTrJ Wa, the Charities Act 2011. Charlty (Accounts Rep)rtsl Reguiatlon5 2008 and the provigon5 of the trL& deed tswires the tntstees to Fryare flnancial Statements for each financial year whlch glve a true and fair vlew of the state of affairs of the tharity and of the irKoming resources and application of resource5, irKluding the irwme expityre, of the ctwrity fry that In preparing those finandal Statements, the trustee5 are required to select suitsble accounting riCieS arxd then apply them cons1. obserye the nthods and wirKiples in Charity SORP,. make judgements and tsb'mates that are rea9)nat4e ar¥J prudent; prepare the financial ststenents on the •rj conom bass unless It Is 1nèpprnpate to presume that the charity wlll contknue kn burE$s. The tnjstees are re5px)nsble for kw'rvj proper attwnb.ng rd$ whKh dlOse with rea5ae accuracy at any the financkil FQgbon of the charity orKI to enaL* to enwre that the finanaal statements comply wtth the charleS Art 2011, the Charity (Accounts arKI Ryrts) Regulat$ 2C#)8 aTrJ the wovi5ions of the trust deed. They are al r¢SF0nb1e for safeguardin9 the assets of the charity hence for tsking rea5mb steps for prtIOn aTr detection of fraud and Oth irregularitie& Page 2
srAINES SYNAGOGUE CHARrrABLE TRusr Report of the Trustees for the Period l October 2021 to 31 December 2022 Apwowj by order of the board of trustees on ............................................. and on its half by: Mr M Shefras- Trustee Page 3
Independent Examiner's Report to the Trustees of Staines Synagogue Charitable Trust Independent examinerfs report to the trttee$ of Staine5 Syna9(wue Charitable Trust I report to the charity trustees on my exarnination of the accounts of Staines Synagogue CharitalAe Trust {the Trust) fc the l October 2021 to 31 Demer 2022. RespOnbIlItIeS and basls of report s the charty trustees of the Trust Y are re5pJngbk for the preparation of the accounfs in accordan with the requirements of the (haribes Art 2011 (Ihe kv). I report in respect of my mInan of the Tru5 COUnts ca1j Und section 145 of the Att and In Can9 out my eXaMinan L have followed all apF4lCab Directions by the (Jarlty Comm64on under Sethon 14515llbl of the Independent examlnees ststement I have compkled my examinats"on. I confim that M matsrfal matters have come to my attentlon In connethon wlth the examinatsjn giving me cause to bele that in materlal respect.. ccounung rd$ wtre rt kept in rqject of ts TtUSt as 1j by Sthon 130 of the kt: or the accounts do not accord with those rKords.' the accwnts do not comply with the aWKable rEVrtS ccaKernlrfj the form and content of ¥counts set out in the Chwlties (OUnts and Retffis) Regulatwjns 28 other than any reqLMrement that the accounts give true and fair view whlch is not a matter cDnsi(thd as part of an irKleFendent examinatknn. I have no tcernS and have come across no cthr matters In cAtK)n wth the examinatK)n to wh6ch attentbon SP*1 be drawn in this report in order to ab a woper understsThYing of the accounts to be reached, Mr Jeffrey Lemi Jeff Lemer & Assoclates Chartered Accountants 42 Lwon Ro& 8arnet Hertfordshl EN5 58Y Dète: ............................................. Page 4
srAINES SYNAGOGUE CHARrrABLE TRUST statement of Financial Activities for the Period l October 2021 to 31 December 2022 Perlod 1.10.21 Year Ended 31.12.22 30.9.21 Unrestricted Total fund funds INCOME AND ENDOWMEiffs FROM Donatton5 and lege$ 27,189 22,432 Investment 600 631 Total 27,789 23,063 EXPENDtWRE ON Other 31,970 27,840 Net galnslllosses) ¢Jn inV*ts (3,654} 274 NET INCOMEI(EXPENDtruRE) (7,835) {4,503) RECONCILIATION OF FUNDS Total funds brwght forward 24,177 28,680 TOTAL FUNDS CARRIED FORWARD 16.342 24,177 The notes fomi part of these financial statements Page 5
srAINES SYNAGOGUE CHARrrABLE TRusr Balance Sheet 31 December 2022 31.12.22 30,9.21 Unrestricted Total fund funds N(rtes CURRENT ASSErs Investments Cath at bank 14,848 4,854 18,502 8,076 19,702 26,578 CREDITORS Amounts falling due wothin one year (3,360) 12,401} NET CURRENT LSSErs 16,342 24.177 TOTAL ASSETS LESS CURRE1 UABILfTJES 16,342 24,177 P4ET ASSErs 16,342 24,177 FUNDS Unrestrirted fvnds 16,342 24,177 TOTAL FUNDS 16,342 24,177 The flnancial ststements were approv8J ty the Boartl rf Trustees JrKI authonsed for Issue on arKJ were swJn&J on its behalf by.. Mr M Shefras- Trustse The notes form part of the* financial statements Page 6
STAINES SYNAGOGUE CHARrrABLE TRusr Notes to the Flnancial Statements for the Period l October 2021 to 31 December 2022 ACCOUNTING POUCZES B•sls of preparing the financial statements The flnanclal statements of the tharity, which is a wtAic benefft entity under FRS 102, have been prepared in accordan with the Charitses SORP {FRS 102) 'knunting and Repon9 by Charities: Statement of cffimendql Prac applicaL4e to chantE£ wepariThJ thor accounts in aCCordce with the FlnancSal Reporting standard aPicable in the UK arJ ReblIC of Ireknd {Fi£ 1021 (effettive i January 2019)., Financial Reporting Stsndard 102 The Fina?1 Rwting StsThJard appficatle in the UK and RepuLlic of Irelar)d' and the Charities t 2011. The finandal statefflents have been pr&I under the historTrl cost conventbn. The chaiity extended its period end frorn 30 se[nter 2021 to 31 Ljecemter 2022. Therefore, the CoMparave amounts presented in the finanoal statements are t enbrdy comparatle. Incom• All income is rwnised in the Statet ol finanoal Artwits once the charity has tiement to the funds, it is probabk that the income wrfl be reCej and the wThJunt can be measurèj rdiatly. Expendlture Uabilities are recognlsed as expendliure a5 5wn as there Is a legal or constructfve obllgatlon commlttltv4 the challty to that expenditu, rt is probable that a transf of mie benefits will be required in settlement and the amount of the obligation can be measured Idlav. Expenditure LS XCOUnt for on an èccruals basis and has been Classif under hthJir¥Js that a9Jregate all cost related to the category. Where costs cannot be dIreCY attributed to "Cular headiNJs ttiey have teen allcated to actiwties on a basis conlstent wlth the use Of resources. TJxatlon The charlty Is exempt from Sts thartsL4e actfvitle& Fund acrountlng Unrestricted funds can be used in accordan with tre charltat4e Objecti at the dIet1)n of the trustees. Restrkted fiinds can ¢)nty LE used for partrukr rekted wrp)ses withln the obJ&ts of the charfty. Re5trlttlons aflse when speof*d by the tknor cf when fvnds ¥e rafised for partiaAar restrkted purposes. Furthw explanati of natwe and ofeh fvrKI ts knclud&J In the rleS to the financkil statements. INVEsfMEKf INCOME Perlod 1.10.21 Year Ended 30.9.21 31.12.22 Other fixed asset Invest- Fll Bank interest e1Ved 592 630 61Kl 631 TRLlSfEES' REMUNERATION AND 8tNEFITS There were no trusteeg remuneratpjn or other lefftS for the end8J 31 2022 nor for the year eIe 30 September 2021. There wtre truthg expaw pakl for the erthl 31 t)wb¥ 2022 nor for the year ended 30 Septber 2021. Page 7 continued..
srAINES SYNAGOGUE CHARrrABLE TRusr Notes to the Financial Ststements - continued for the Period l October 2021 to 31 December 2022 COMPARATIVES FOR THE ATEMENT OF FINANCIAL ACTIVITIES Unrestricte fund INCOME AND ENDOWMENTS FROM Donatsons and legacies 22,432 Invesbnent income 631 Total 23,063 EXPENDMIRE ON Other 27,840 Net gakns on Investynents 274 NEf INCOMEI{EXPENDmiRE) (4,5031 RECONCIUATION OF FUNDS Totsl funds brought forward 28,680 TOTAL FVNOS CARRIED FORWARD 24,177 CURRENT ASSEY INVESTME14TS 31.12.22 30.9.21 Usied Investmwts 14,848 18,502 CREDITORS: AMOUIITS FALLING DUE WrnIIN ONE YEAR 31.12.22 30.9.21 Other credthrs 3,360 2,401 MOVEMENT IN FUNDS Net movement in funds At 1.10.21 At 31.12.22 Unrestrirted funds General fund 2*177 (7A35) 16,342 TOTAL FLINDS 24177 (7,835) 16,342 Page 8 continued...
srAINES SYNAGOGUE CHARifABLE TRusr Notss to the Financial Statements - continued for the Period l October 2021 to 31 December 2022 MOVEMEI IN FUNDS - contlnued Net movement in fvnds, In the at•M we as follows: Incoming RurCeS resour expended Gains and Movement losses in funds UnrestriLt•d funds General fur¥J 27,789 (31,970) {3.654) (7,835) TOTAL FUNDS 27,789 (31,970) (3,654) (7,83S) Comparntlv•s for movement In funds Net movement In funds At 1.10.20 At 30.9.21 General fund 28,680 14,503} 24,177 TOTAL FUNDS 28,680 14,503) 24,177 COMparaVe rt moVet in funds. Included in the ab)ve are as fdbws: Ir£oming Resources resources expended Gains and Movement losses in fundg Unre•trl¢ted funds General luTh 23,(63 (27.840) 274 {4,S03) TOTAL FUNDS 23.063 (27,840) 274 (4,503) RELATED PARTY DISCLOSURES There wue no relatoJ party trarsxtions for the FkKI 31 DeCter 2022. Page 9
STAINES SYNAGOGUE CHARrrABLE TRusr Detailed Statement of Flnanclal Activities for the Perlod l October 2021 to 31 December 2022 1.10.21 Year En 31.12.22 30.9.21 IIICOME AND ENDOWMENTS Donatlons and legades Donatiors Gift aid 24,267 1922 18,734 3.698 27,189 22,432 Investment income Other fixed asset invest- Bank interesi rec&ved 592 630 631 Totsl Incomlng resourc 27,789 23,063 EXPENDmiRE Oth•r RelIgh and festivals 20,143 11,807 Support costs Mana9emeTht Rates and wat InSUrae Lbght and heat Tdephone Postage and staticrfery Sundries Repairs and renewa15 289 941 4,764 441 63 1,052 3,202 166 409 3,477 372. 1,053 9,254 10,752 14,731 Flnanc• Bank d)arges 115 102 Governance costs Accountarry legal fees 960 J,200 31,970 27,840 Net expendlture befom galns and losses {4,181) (4,777) Re¥lised recogni5ed gains and losses Reallsed galnsl{bsses} on fixed asset invethents (3,654) 274 Net expendltur¢ (7,835) (4,503) This page does not fomi part of the statutory financial statements Page 10