BEIT KLAL YISRAEL
ANNUAL REPORT AND ACCOUNTS YEAR ENDED - 31 MARCH 2021
Registered Number: 02593458 England and Wales
BEIT KLAL YISRAEL
COMPANY
Beit Klal Yisrael
Company No, 02593458 Registered in England and Wales | BeitRegistered Klal YisraelCharityRegistered Klal YisraelCharity Klal YisraelCharity YisraelCharityCharity No. 1034282 |
CHARITY BeitRegistered Klal YisraelCharityRegistered Klal YisraelCharity Klal YisraelCharity YisraelCharityCharity No. 1034282 | REGISTERED OFFICE & c/o The Montague Centre CORRESPONDENCE ADDRESS 21 Maple Street London WIT 4BE |
DIRECTORS’ & TRUSTEES
Jon Burden
Kathryn Fuller Martin Hasan Di Maggio ( Resigned 15 January 2021) Daniel Lang Nico Pollen David Rubin Fran Springfield Hannah Wood
SECRETARY
Jon Burden
INDEPENDENT EXAMINERS
KBSP Partners LLP Harben House Harben Parade Finchley Road London NW3 6LH
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ANNUAL REPORT AND ACCOUNTS- 31 March 2021
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Pages
- 1-2 Report of the directors/trustees 3 Independent examiner’s report Accounts, comprising:
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4 Statement of financial activities 5 Balance sheet
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6-9 Notes to the accounts 10 Detailed income and expenditure account (Does not form part of the statutory accounts)
BEIT KLAL YISRAEL REPORT OF THE DIRECTORS/TRUSTEES
2021.The directors/trustees present their annual report with the accounts of the company/charity for year ended 31 March REFERENCE AND ADMINISTRATION DETAILS The company was incorporated as a private company, limited by guarantee, on 20 March 1991. It has no share capital, and was registered as a charity on 3 March 1994. It was also known as the North Kensington Reform Synagogue until it joined the Liberal Movement in July 2006. It is now also known as Beit Klal Yisrael - Liberal Jewish Community. The charity’s objectives are “to advance religion in accordance with the Jewish faith by the provision of the a synagogue for purpose ofpublic worship and to advance education amongst children and adults in contemporary Judaism, Jewis history, culture, theology and liturgy and the understanding of multi-cultural Judaism.” The directors consider that these activities will remain unchanged in the future. The directors/trustees in office during the year were as follows: Jon Burden Kathryn Fuller Daniel Lang Martin Hassan Di Maggio (Resigned January 21) Nicol Pollen David Rubin Frances Springfield Hannah Wood STRUCTURE, GOVERNANCE AND MANAGEMENT The company’s governing document is its memorandum and articles of association, which were incorporated on 20 March 1991 and amended by special resolution on 10 October 1993, The articles of | are[liable][to][contribute][a][ sum][not][ exceeding][£1][in][the][ event][of][the][company][being][wound] association[up.] provide that all sie Directors/trustees are elected annually at the annual general meeting. ACTIVITIES The company principal activities during the year were as described in its objectives. FINANCIAL REVIEW AND POLICIES movementThe companyin hadfunds netof incoming £5,496 (2020: resourcesnegative for the£10,954). period of £5,496 (2020: outgoing £10,954): this resulted in a net postive purposes.Funds carried forward at 31 March 2021 were £50,306 (2020: £44,808), of which £450 (2020: £570) were fora Theshortfalls, companyand aimsto maintain to maintaina long-termits unrestricteddeposit reservesin the form at aoflevel an accumulation sufficient bothinvestment. to cover foreseeable short-term | The company will invest only in investments that are ethical and appropriate to its charitable status, FUTURE PLANS
The directors/trustees consider that the company’s activities will remain unchanged during the year ending 31 March 2022.
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BEIT KLAL YISRAEL REPORT OF THE DIRECTORS/TRUSTEES
DIRECTORS’/TRUSTEES’ RESPONSIBILITIES
Company and charity law requires the directors/trustees to prepare accounts for each financial year which give a true and accounts,fair view ofthe state ofaffairs of the company and ofthe profit or loss of the company for that period. In preparing those the directors/trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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- Observe the methods and principles in the Charities SORP ¢ Make judgements and estimates that are reasonable and prudent; * Follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts: e Preparein business. the accounts on the going concern basis unless it is inappropriate to presume that the company will continue
The directors/trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position ofthe company and o enable them to ensure the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
POLITICAL AND CHARITABLE DONATIONS
Charitable donations during the year amounted to £800 (2020: £500). No contributions to political organisations were made during the year.
INDEPENDENT EXAMINER
willingnessKBSP Partners LLP acted as independent examiner ofthe charitable company during the year and have expressed thet to continue in that capacity.
COMPANY POLICY ON THE EMPLOYMENT OF DISABLED PERSONS
It is the company’s policy to give employment to disabled persons wherever practicable. The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
Divéctor J a yy By RPE p/ Approved by the board: I] June 2021
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INDEPENDENT EXAMINERS REPORT TO THE DIRECTORS/TRUSTEES OF BEIT KLAL YISRAEL
I report on the accounts ofthe charity Beit Klal Yisrael (registered number 1034282) for the year ended 31 March 20 F which accounts are set out on pages 4 to 9.
Respective responsibilities oftrustees and examiner As described on page 2, the charity’s directors/trustees are responsible for the preparation of the accounts. The chari y’s directors/trustees consider both that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act), and that an independent examination is needed.
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It is my responsibility to: * examine the accounts under section 145 of the Charities Act: * to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act 201 1); and
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- to state whether whether particular matters have come to my attention. matters have come to my attention. have come to my attention. come to my attention. to my attention. my attention. attention.
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to state whether whether particular matters have come to my attention. matters have come to my attention. have come to my attention. come to my attention. to my attention. my attention. attention. | Basis ofthe independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. | 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 the directors/trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. Independent examiner’s statement In connection with my examination, no matter has come to my attention to indicate that: ¢ Accounting records have not been kept in accordance with Section 386 of the Companies act 2006. e¢ The accounts do not accord with such records | ¢ Where accounts are prepared on an accruals basis, whether they fail to comply with the relevant accounting requirements under section 396 of the Companies Act 2006 or are not consistent with the charities SORP (FRS102). e Which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached, |
David Myerson FCA Independent Examiner KBSP Partners LLP Harben House Harben Parade Finchley Road NW3 6LH
1] June 2021
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BEIT KLAL YISRAEL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
| Notes | Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Voluntary income Activities forgenerating funds Investment income Total |
3 3 3 |
24,812 400 364 __ 25,576 |
800 - - — 800 |
25,612 400 364 eee 26,376 |
18,846 1,505 47] — |
| RESOURCES EXPENDED | |||||
| Charitable activities Governance costs |
4 4 |
18,758 1,200 |
920 - |
19.678 1,200 |
30,563 1,213 |
| Total | 19,958 | 920 | 20,878 | 31,776 | |
| NETINCOMING/ (OUTGOING)RESOURCES | 5,618 | (120) | 5,498 | (10,954) | |
| Gains on investment assets | - | - | - | - | |
| NETMOVEMENT INFUNDS | 5,618 | (120) | 5,498 | (10,954) | |
| Total funds brought forward | 44,238 | 570 | 44,808 | 55,762 | |
| Totalfundscarriedforward | 49,856 | 450 | 50,306 | 44,808 |
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Registered Number: 02593458 England and Wales BEIT KLAL YISRAEL BALANCE SHEET - 31 MARCH 2021
| Notes | Unrestricted | Restricted | 2021 | 2020 | ||
|---|---|---|---|---|---|---|
| Funds £ |
Funds £ |
Total £ |
Total £ |
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| CURRENT ASSETS | ||||||
| Cash at bank:CAFsavings accounts Cash at bank: Shawbrook Cash atbank: NatWest currentaccount |
28,507 15,000 7,562 |
- i 450 |
28,507 15,000 8,012 |
14,693 25,000 6,328 |
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| CREDITORS: | 51,069 | 450 | 51,519 | 46,021 | ||
| Amounts falling due within oneyear | 5 | els | - | 213 | 1,213 | |
| NETCURRENTASSETS | 49,856 | 450 | 50,306 | 44,808 | ||
| NET ASSETS | ||||||
| FUNDS | 6 | 49,856 | 450 | 50,306 | 44,808 |
The company is entitled to exemption from audit under Section 477 of March 2021. the Companies Act 2006 for the year ended 31 The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for: (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of 2006 and the Companies Act (b) preparing financial statements which give a true and fair view ofthe state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of theCompanies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of directors
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Approved by the board: 11 June 2021
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BEIT KLAL YISRAEL NOTES TO THE ACCOUNTS - 31 MARCH 2021
| BASIS OF PREPARATION
l.1 Basis ofaccounting The financial statements of the charity have been prepared under the historical cost convention and in accordance, with 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 | January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2006.
Beit Klal Yisrael meets the definition ofa public benefit entity under FRS 102.
1.2 Changes to previous accounts
No changes have been made to accounts for previous years,
2 ACCOUNTING POLICIES This standard list of accounting policies has been applied by the charity. INCOMING RESOURCES Recognition ofincoming resources These are included in the Statement of Financial Activities (SoFA) when: the charity becomes entitled to the resources; * the trustees are virtually certain they will receive the resources; and) Incoming ® the monetary value can be measured with sufficient reliably. related resources with Where incoming resources have related expenditure (as with expenditure fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations and gifis Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. Contractual income and This is only included in the SoFA once the related goods or services performance related grants have been delivered. Gifts in kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. Donated services andfacilities These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity |
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BEIT KLAL YISRAEL NOTES TO THE ACCOUNTS - 31 MARCH 2021
2 ACCOUNTING POLICIES (continued)
is reasonably quantifiable, measurable and material, The value place on these resources is the estimated value to the charity of the service or facility received. The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.
Volunteer help
EXPENDITURE AND LIABILITIES Liability recognition recognition
Liability recognition recognition Liabilities are recognised as soon as there is a legal or constructive Governance obligation committing the charity to pay out resources. costs Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and the cost of any legal advice to ei on governance or constitutional matters. Grants with with performance Where the charity gives a grant with conditions for its payment being a specific level of service or conditions output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable payable without conditions These are only recognised in the accounts when a commitment has been made and there are no performance conditions to be met relating to the grant which remain in the control ofthe[charity.]
Grants with with performance
Grants payable payable without conditions
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs | by the time spent and other costs by their usage.
ASSETS Tangiblefixed assets for use by charity
These are capitalised if they can be used for more than one year, and cost at least £500, They are valued at cost or, if gifted, at the value to the charity on receipt, No depreciation is provided on freehold land.
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ | |||
| 3. | ANALYSIS OF INCOMING RESOURCES | |||
| Voluntary Income | ||||
| Membership | 23,438 | 17,416 | ||
| Other donations | 2,174 | 1,430 | ||
| 25,612 | 18,846 | |||
| Activitiesfor Generating Funds | ||||
| Servicesandactivities | 400 | 1,505 | ||
| Investment Income | ||||
| Bankinterest | 364 | 471 |
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BEIT KLAL YISRAEL NOTES TO THE ACCOUNTS - 31 MARCH 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | it | |||
| 4 | ANALYSIS OF RESOURCES EXPENDED | |||
| Charitable Activities | ||||
| Consultancy fees Venue hire Insurance Festival & regular services Printing, postage& stationery Books |
7,993 - 3,360 360 1,038 |
17,795 2,040 3,226 507 464 |
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| - | - | |||
| Training, travel& conferences Affiliation fees Burial Society subscriptions Miscellaneous |
- 3,250 2,730 27 |
14 2,679 2,588 - |
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| Education fund | - | = | ||
| Welfare fund | 20 | . | ||
| Kol Nidre appeal Education Projects |
800 100 |
500 750 |
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| 19,678 | 30,563 | |||
| Governance Costs | ||||
| Book-keeping and accountancy | 600 | 600 | ||
| Independent examination | 600 | 600 | ||
| Companies House | 0 | 13 | ||
| 1,200 | 1,213 | |||
| 5 | CREDITORS | |||
| Accruedexpenditure | 1,213 | 1,213 |
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BEIT KLAL YISRAEL NOTES TO THE ACCOUNTS- 31 MARCH 2021
6 RESTRICTED FUNDS
Funds Held
Fund name
Purpose and restrictions
Education Education courses Welfare Welfare projects agreed with the donors Siddur Use for purchase of prayer books Other Special projects agreed with the donors
Movement of Funds
| Fundname | Balances | Incoming | Outgoing | Transfers | Balances |
|---|---|---|---|---|---|
| b/f | resources | —_—resources | c/f | ||
| : | £ | £ | £ | £ | |
| Education | F | : | a | 5 | |
| Welfare Siddur Kol Nidre Other—Berta Friedstadt Film |
301 169 - 100 |
- - 800 - |
(20) - (800) (100) |
- - - - |
281 169 - - |
| 570 | 800 | (920) | - | 450 |
- 7 CASH FLOW STATEMENT
The company has taken advantage of the exemption from the requirement to produce a cash flow statement on the grounds that its income is less than £500,000,
8 FINANCIAL INSTRUMENTS
Theinstrumentscharity only has financial assets and liabilities ofakind that qualify as basic financial instruments. Basic financial are initially recognised at transaction value and subsequently measured at their settlement value.
9 TAXATION
As a Charity, Beit Klal Yisrael is exempt from tax on income and gains to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
10 RELATED PARTY TRANSACTIONS
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No trustees received any remuneration.
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BEIT KLAL YISRAEL DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021
| Unrestricted | Restricted | Total | Tota | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 202 | ||
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Membership Income tax recovered Services&activities Otherdonations Bank interest received |
21,229 2,209 400 1,374 364 a |
- - - 800 - —_ |
21,229 2,209 400 2,174 364 Pain |
15,568) 1,848 1,505 1,430 471 oe |
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| 25,576 —— |
800 ae |
26,376 — |
20,822 |
— |
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| RESOURCES USED | |||||
| Direct Charitable Expenditure | |||||
| Consultancy fees Venue hire Insurance Festival ®ularservices Printing, postage&stationery Training, travel& conferences Affiliation fees Burial Society subscriptions Miscellaneous Restricted Funds |
7,993 - 3,360 360 1,038 - 3,250 2,730 27 - |
- - - - - - - - - 920 |
7,993 - 3,360 360 1,038 - 3,250 2,730 27 920 |
17,795 2,040 3,226 507 464 14 2,679 2,588 - 1,250 |
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| 18,758 | 920 | 19,678 | 30,563 | ||
| Administration | |||||
| Accountancy, bookkeeping&Companies House | 1,200 | - | 1.200 | 1,213 | |
| Total resources used | 19,958 | 920 | 20,878 | 31,776 | |
| Netincoming/(outgoing) resources beforeadjustments | 5,618 | (120) | 5,498 | (10,954) | |
| NET MOVEMENT IN FUNDS | |||||
| Balances brought forward at |
April 2020 | ||||
| 44,238 | 570 | 44,808 | 55,762 | ||
| BALANCES CARRIED FORWARD | |||||
| AT31MARCH2021 | 49,856 | 450 | 50,306 | 44,808 |
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