ChArlty number: 1037099 Ealing Liberal Synagogue Trustee's report and financial statements For the year ended 31 March 2024
Ealing Liberal Synagogue Contents Page Legal aiid administrative inforniation Truslees report Indep¢ndent exuminers, repori Staleincnl of fii)aiicial activities B4lancc sliccl Nole.s to the finaiicial slaleTncnts 9-14
Ealing Liberal Synagogue Legal and administrative information Charity number 103 7099 Business address Lyiiton Avenue London W13 OEB Trustee The charity has be¢ii givei) a dispeiisalioii by Ilie cliarity coinmissioii froin publi5hiiig tl)e iianies of its trustees. Independent Examlner Arvind Joshi FCA, CTA. DChA Lcvy + Partners Lin)ited Chartercd Accouiitanls 7-8 Ritz Paradc Western Avenue 4ondun Bankers National Weslmi115ter E3ai)k PIC l Tlie Mall Ealing London W5 2PL Sanlaiider Bootle Merseyside LE30 4GB Page I
Ealing Liberal Synagogue Report of the Trustees For the year ended 31 March 2024 Tl)e ti-ustees preseiil tlleir report aiid Ilie fiiiai)cial stalemei)Is for Ilie year elided 31 Marcli 2024. Slruclurc, governance and Inanagemcnt Edliiig Liberal Synagogiie (ELS) is govLrned hy its Constilutloll diid Riiles as r¢vi8ed al an ACJM on 15th November 2020. 115 propei1y diid affaii's ai'¢ under Ilic govei'iidli¢L aiid coiilrol of a Coiiiioil. The Counoil consisls of a Pre5idei)1, 2 Vice-Presidcnl.8, ex ufficio the Miiiisler {R6ibbil, Ilie Chair and 9 Ordinary Meiiibcrs, Tlie Couiicil lias IhL pnwer to ilPPOlllt Ihe Miiiislei. aiid other einployees, iiolably the Administi'alor. LLS'S propcrty is vested iii Ihe orricial Cu51udiaii. F.I.S is 4ffiliated lo Liheral Jiidaism. Objectives Iii suiiiniary Ilicse al'e., al TIIL l< dvaiiceinenl of Libci-al Jiidaisi b} Provisioii of I'cli&yioLl% servicL% cl Provi%ioi) ()f plaL¢ uf woi'ship d) Pi'ovi.%ioii i)f' sei-vices aiid cl<isses foi. ¢hildi'cn cl Arraiigii)g fur burial and ¢rciiialii)i) of i)iei))bers g} Pei.foi'ming otli¥r I'eli&Tj(ILlS, boininun(Il dnd Ll)611'ilablL dLiliL's including ¢1 MLI))ni'ial Wclldl'c fiiiid li) Cari'yiiiLI OLII ()tli¥i' 8LliviliLs s'Llalive to dl)ove Achievements und performance McmhL'rsliip March 2Q24 MArch 2023 Fiill In¢inbei's 26 2(1 Ynuiigy adults Al'liliates Total 149 fvILiiibL'I'S1iip iitimbci's havc reiniiined steady over IliL pasl yL'iir. P()11(IwiiibJ (17e dLei%i(Iii (If()Iii' Iklcml7LI'.%hii? SLLI'Llary 10 stcp dowi) li'oin her rnle Rftci. maiiy years of dLdical¥d .sL'rviLL, CDIiiiL il li)uk Ili¢ (leLlSlOlI 10 SL'I LIP MLiiiI?Lr%liii) (.'oininilte¢ in order to provide a cooi'dindled r¥sponsL lo ai7y Liiqiiirics receiv¥d Ii'oi)i i)oleiilial nLw IiiLinl)Lrs llii(I friend5. 'riie (.oinniilleL l)as Init to di%ciiss ai) overall slriileb'y fni. I'ecrliiliiig iiew Im¢iiib¢i'% aiid lo iiiidale the l isl of Lxisliiig iiieiiil)ur5. ElÉ ¢1) Ll)4IIIIy IS tolloivL(I 1111 by pei'si)i)É?I coiiliiLI from a nieinber ()I' IliL (".i)iiiiiiillec, with i( n iiivilalioii lo atteiid ,s¢rvicc wl)icli IS IISIIL111y IIiL iicxl I luviirdli %iipi)er. ervici's -riii'(Iiiblii)111 Ilie yecl1' wL11avc piovi(Ic(I WLLkly 8habb¢il ii l)d l."Lslival 5ei'vices boili iii Il)e Syiia&F(?giie 017<1 uii 7,0(11ii. of eacli Inonih in the .¥yi)agJouJiie, ai'¢ i)ai1icLilarly popular wi Ili Iiicinl)ei's. -l-l)L l-lig>l) l-li)ly Dilj -S¢'l'VICLS W¢I-C 41$ Lisiial w'ell altcnded along willi v¥iy sii¢Les.%fiil Siiccot 'Pets serviLL. Iii I'-cl)I'Liaiy we inlroduLLd (i Kabh1¢ IRI Expi'Lss 7.1)uiii sei-vicc, a fiftceii-lniiiute serviLL Ilial lakes i)1 I¢L 011 Ilie second Frid¢ly of each moiiih. Followiiig IIIL Lveiits of OLtobei' 7th, a specidl peaci service wa5 held aiid W<15 Cxll'eimely well atlei)dLd. Page 2
Ealing Liberal Synagogue Report of the Trustees For the year ended 31 March 2024 F,(IuLation C.liedci- coiiliiiues Io I'llli every fui-tiiighi dLlI'ing lei'm tinie. 'I'lie 'CJaiiiii)g Coi)fidence in I l¢brew' pi'ogramiiie coiitiiiues lo floLirisli, Iviih good attendanLC and eiigagcinenl iii sei'vice.q, iiiLliidiiig I'eadiiig fi-om the Torah. SoLiallWellarclPHstoral Tli¢ niajor social evei)l of Ilie yeai. was a coiicerl that Inok place nii OLlober 8th as parl of oui. L¢lcbralioiis to iiiai'k Ilie 80th Anllivei'sary of Il)e Syiiagoglie, li was mosl filliiig that Iliis was giveii by oiii. choir, oiie of whom has LoiilribLIILd lo oiir Higli I loly Day sci'vices fc)i- alinost 25 yeai's. Tlicy perloi-nicd ali eiil¢itainiiig pi-ogi'amnie o r'soiigs Ii'oin the Musicals,. Dcsi)ite IhL cvenls of th¢ i?I'eceding day, Ihc decisioii 1¥I1.8 made to go aheacl (Iiid the conLcit Ivas Iniich appi'¢'¢iated by cveiyone who atleiidcd. TLILI)lic)Iie Lkills, biitliday Ldl'd.% and expi'essions ol. syiiii?ailiy lo 0111- bereaved Incmbers ai'L pi'ovided by vai'i<)Iis IiLIp¢i's. Oiii. R(Il)bi ¢onliniiLd lo Lall and visit moiiihci's (if the coiiiiiiiii)ily, lt I Iii)11)L aii(l iii hospildl, lo iiieel a variety of P<islui'al neL.ds, '1 L'a aiid Chai with Ihc Rabl)i' I'LinJin.% Ll IIIIILII-421)Pl'L'Cl¢ilLLI WLL'kly fc'iiliii'i. This year lias b¢Ln pai1iciilcll.ly ¢hal l¢ii¥Jji)u fnll()wii)g IIiL Lveiii¥ ol. OLI()l)Ll' 7111. This has iiicr¢'%iseil Ilic n¢e(I for Pasloi'dl siippoi1 oifLI'cd by IIIL R42bl)i, wh(1 als(i (Il'LTr¢iiii%Ld ai) ¢veniii.7 1)()511(I l)y Él Inuii)l)L)r iii hei. hi)iiie, ¥vliLI'e Gon&yi'egai)Is illl(1 noii-<iifilialed iii¢i)Ibei-s ol- Il)L Jewish coiiiniiinily ¢oiild i)i¢¢l illlLI t<ilk. LoLal L()iiiici IIc)I'S dnd oiii. Ii)cal Ml) all¢ndcd this ev¢iit. I,S Pri'inlse8 'IIi.%L iv¢rL' I'LiiIIiLed HLbalth & SafLlty/Mainlenance 'I'l)¢ Iiiiiiual S<ifLty, L Icclrib salL'ty, IirL' cxliiigLiisli¢r, C'.C.'I'V dnd p¢51 coiilri)I checks werc Larried out 111 iiddiii()n In iouliii¢ niaiiilLlldllC¢. Six-11)<iiiilily A4b¢s105 Mai)ab¥L'IiiLiiI iiispeclioiis coiilinue lu be undei'lakeii, .8ecurity l)rolLSSiQll<11 seciii'ily is l)I'ovidcd loi. 811 syiiagogjiic sci'vi¢¢s, educatioiial and social eveiils, Our 5cciirily suppl ier lias i)rovi(leil i?11 Lxeiiii)laiy SCI'VILL 5iiice l)cii)b> aiii)oiiil¢.d iii Aii&?u.%121122. We regularly work willi Ili¢ sanie iiidividii&il IILl1-Ils wl)() al'e all allLiilive. pii)li'5SIOlll¢1 rf11id li'iLiid ly. WL, Cl)i)liiiiic lo I'c¢¢iv¢ ti &yoveriiiii¢iil gi'ftiil loiv411.ds se¢iii'iiy Losls (ll'li). We LoiiliiiLIL' lu I'Lc¢ive VL'ry good SLlllI)oi'l ai)(l ¢i)gJagJeii7¢111 fi'(Trin IrJLdl WL'SI AI'L'4l11()lice ol'lieers Lettings Credlive Miiids Niii'series ICMNI ren)%lll OLir 8olc I'eguldf %OLirLe nf rciital ii)Lonie. I'he cui'i'ciil lease wilh C.MN expires iii .luly 202.5, aiid iiiilia I discussiul) wilh ('MN about 2L Iiew lease look place iii Jaiiuary. General Admlnistration I Cominunicatiun.s Our very ablc Adniiii i51ralor iiiifortulliitely l)ad lo lake a proloiiged period of sick leave towards tlie ei)d of the year. Despite this, slie was able lo ¢ontiiiue with esseiilial office woi'k (iii particular orgaiiisiiig the AGM and seiidiiig out 2024125 subsci'iplioii i)oticesl. Regular E-bulleliiis coiiliiiue to be seiil all members Page 3
Ealing Liberal Synagogue Report of the Trustees For the year ended 31 March 2024 Liberal Judaism ELS is affiliated lo Liberal Jlidaisni. wl)icli lias 39 coniimuiiilie5 111 the UK, Ilie Republic of Ii'elaiid aiid Deiiniai'k. Interfaith ELS is represented oli the Hounslow and Ealing iiilei-faith forlims. Holiiislow Friends nf Faitli (HFOF) is a loiig-esldblislied voluntary oi'ganisatioii which, as Lisual, worked willi the local CoiinLi I lo orgaiii&e Il)e Holo¢aiisl Memni'ial Day CIVIL event. Tu LLlebratc Inlerfaiih w¢¢k in February, HFof oi'gani.8cd tree p14nliiig in ihe gdrden% ofihe local Mosqiie, Gurdwara aiid Egyptian C'opli¢ Lhui'll), The dniiu¢il Walk of Pea¢¢ and Fricndship took i)Idce i n June, FIFOF works closely witl) Ihc C.OLiiILiI aiid Melrop(Ilitan Police lo Inonilor in¢idcnt.s of Rcligious Faith Hal¢ ¢riiMes, as docs ()ui' Syiiago&JuL work Llosely will) oiii. taiih liaison c)fficcr. Our Rdblii r¢gb(Ildrly hol(15 SeSSiO11S ill Ilie Syiiagyoguc. for SLhoolchi Idi'cii of Imaiiy diffei'eiil faiths l(> leari) abolit Judaisin as part of Ih¢ir Reli&FlOUS Ediicdlioii. Publlc beneflt 'I)L -1 I'LI%IL¢S Lonfii'in Ilial 117cy li¢ive I'L,f¢i'i'¢d lo thi btii idliiice cc)nt(IIIIL'd iii Ilic C'liJril)i LIiiiiiiiissioi)'5 Lici7if¢11 glLiid¢l1lL'L' on Finii neial rLvie .qliare ()r Ilic Losls 01. lili lilics, rcpairs aiid i)Idiiilenai)ce. Divi(ILiids froiii our invLsliiieiils coiiliiiue to pi'ovidc our Iliird-liigliesl .8nui'c¢ of iiicoiii¢. Couiicil ¢oiitii)ue8 lo kecp tlicir p¢i'foi'iiidiice aii(I value Liiidei- rv&?Iilar review. Total exp¢i)ditur¢ for Ilie year was £4,453 nioi'e thai) iii Ilie previnus y¢ai'. Tliis is mainly due lo an inci'¢asc iii Ilic aniouiil SPLnl ()ii reiydirs aiid niaiiilciian¢e aiid a Sibjnificaiil I'ise in (lie I,ihei'al Jiidai.sin Rabbinic salaiy sLales. 'fiie £9,961) %1)enl on I'epliicing oui. dooi's appears as a cost in oiir laiigible fixed ass¢ts. OvLI-all, ii)Lome foi- the yeai. ex¢eedL(I cxpendilLir¢ by £5,614. This compares favoiirably iyiili th¢ 8111'pliis of £1.291 ili 2Q?212.3 and Il)e deficit of£8.862 in 2021122. Nevortheless. nicinbei'ship anniial siibsLI'ipli()11 I'alc5 will coiiliniie lo be inci'eased in keeping with the rale of inflation. Page 4
Ealing Liberal Synagogue Report of the Trustees For the year ended 31 March 2024 Statement of Trustees Responsibilities Tl)e trustees are responsible for preparing the Trustees, Aiiiiual Report and the finaiicial staleinenls in accordance willi applicable law and United Kii)gdom Accountiiig Stai)dai'ds (United Kingdom Generally Accepted Accounting Praclicel. select suitable accoui)ling policies and tl)en apply Ilieiii consisleiitly; observ¢ the methods and principles in 11)e Charities SORP. niake judgenieiits and estimoles that are reasoiiable aiid prudeiit. slate wliLllier applicable UK Accolinling Stai)dards liave b¢¢ii follow¢d, subje¢t lo ai)y Inal¢'rial departures disclosed ai)d explained iii the fii)aiicial .qlalemeiils' ai)d pr¢parc Ilie fiiiancial btaiemenls oli the going coiicerii basiy uiilcss il is iiiapproprialc lo prcsunie Ilial the cl)61rity will continue iii op¢rali<)n. The Iru5tees Rre I'e.8ponsible fur k¢Lping pi'upei. aCLounting I'L'¥OI'(Is ihal disclosc willi I'easonabl¢ #CCLiracy al Ic ny limc th¢ finaiiLial posiliun uf the churily aiid lo eiiabl¢' Ihein lo ensLII'L 111411 (lie linanLial SliilLiiiLnls Lomply wilh Ilie Cliarilics Acl 201 I, thc appl icable Charities Iilcloiinls 1)d Rep()11s} IlugJiiliiiiLlliS. and the piovisioiis ol-the cli¢irily's consliliilion. They ai'v also rc5P()nsible fur safeguariling the assets of the L,Iiill'ity clll(I liikin¥ reas()Iliil)le .%lep8 for IliL I)I'LVL'nlion and delertion of fi'alid and otliei. ii'i'egiilarilies. ApprDvcd by Ihc Cuuniil on 29 OLlob¢r 2024 and signcd on ihcir behalt. by.. Trustee Page 5
Ealing Liberal Synagogue Independent examiner's report to the trustees on the unaudited financial statements of Ealing Liberal Synagogue. I I'epoi't oil the accouiTrt5 of Eal ii)g Liberal Syi)agogiie for the year elided 31 March 2024 wh ich are set out 011 pages 2 10 Respective responsibilitie5 of trustee.s and tndependent exam iner Tlie cl)ai'ily's Ii-uslces dl'c re5poiisible for the pi'epar8tioi) of Il)e aLeouiils. Tlie cliai'ity's ti-ustees coiisider Il)al ali audit is iiol I'equired foi. this yeai. uiidei. sectioi) 144 01. the Lliai'ilies Act 2011 {"tlie- Cliai'iliLS Act } ai)d Iliat ai) indepeiid¢iil exaininatioii is needed, 11 is iiiy I'esponsibi lity lo.. examine thi siccounls Lindei. seclioii 145 of the Chariiies Act, lo f()1 low the pi-ocedui'es laid dowii in the geiiei'al Dii'eciions given by the Chai'ily Coiiiiiiis8ioiI liii)dci' seclioii 145{5)Ih) of Ihc Chcll'ltics ALI. and lo slaiL wh¢lher pai1iuiilar Inallii's l)ave Lome lo my allei)tioii. Basi5 of independent LxAminLbr's report My exdmiii¢ilioii wa4 cai'i'iLd (iul 111 ¢tccorddiice willi Ilie CJenL'I'il r)ii'e¢ti01i4 givci) by Ilic f.liarily Commi.%sioii, Ali LX¢l1ll11l¢llioii iiicliidLS cl revi¢w ofili¢¥ i Lcoiinliiig? rccoiil4 kci)I by IIIL. LIIAI'iI}' ii<l a ¢(TrlllP¢irisoii ot Ili¢. accoiiiils i)I'L'scnted 'II'iic dll(I li. viLN¢ dnd thL rLp()rt is limilLd to thnse In¢illci'% sil <)Iii iii IhL' slutcinLnl below. (i) wliiLli gives me i-easonable CLll15e lo bL.lieve Ilicil in iiialLI'llc I I'e.spLcl Ihc r¢qiiii'Liiignl5'. lo keep propel. aLLOlllltiiigy I'LCOI'ds ii) aLLOTdaiiLc iviili seLlioii 130 ot. IliL C.liai'ilic.s,' aiid to prepar¢ aLcouii15 wliicli dcc(Ii'd willi tlie aLLniiiiliiigy reL()rdi aiill Iu Loiiiply willi tlIL aLcouiiliiigi rcquiremeiils ()t'(he Cliarilics Act hav¢ not b¢eii mel, oi. (li) lo which, iii my opinion, allciilioii should he drawn iii c)I'der lo enable a propcr underslandiiig of Ilie acLoiiii15 to be reaclied. Arvind L. I fcA, CTA, DCIIA Cliaitered Accoiinliint 7-8 Ritz Par'ade Westcrii Avenue Londoii W5 3RA Dale.- 29 October 2024 Page 6
Ealing Liberal Synagogue Statement of financial activities For the year ended 31 March 2024 2024 Totsl 31103123 TotAI Notes Income Voluntary income Activities for generaling funds Iiivestm¢iil income 77,003 52.550 16,297 7i,320 47.111)9 15,1135 Total income 145,850 137,054 Expenditure DireLI Syiiagogue expenditure Gov¢rnance rosls 80,976 59,240 82,068 53.695 Total expendlture 140,216 135,761 Net movement In funds before othcr recognlsed gains and losscs .291 Other recognlsed gains and losses Gaii)s/{Idosses) on investment assets (1.880) 9,819 Net movement In funds 3,754 Total funds broiight fonvard Total funds carried forward 707.859 69(),749 711,613 707.859 Th¢ notes on pages 9 to 14 forJn an integral part of these finAn¢iHI statements. Page 7
Ealing Liberal Synagogue Balance sheet as at 31 March 2024 31103124 31103123 Notes Fixed assets TangiblL assels Inve5lmenls 412,668 292,168 405.251 294,048 704.836 699.299 Currenl gsscts Stocks Debtors Cash at bank and in hand 48 374 25.722 48 160 27,129 10 26,144 27.337 Creditors: amounls falllng due wlthin one year (19,367) {18,777) Net current asset5 6,777 8,560 Net assets 711,613 707,859 The funds of the charlty: Uiire.striGl¢d iiicome luiids Revaluation reserve 311,613 400.11110 307,859 400,OUQ Total charity funds 711,613 707,859 Tlie financial slatlmeiits were approved by the Trusttte5 and signed on behalf of Ilic Council by; Trustee DAte: 29 October 2024. The notes on pAges 9 to 14 form integrAI pa rt of these financigl statements. Page 8
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 March 2024 Accounting poliLies -l-hL pi-iiicipal accc)iinting poliLies are siimniai'ised bLluw. The accoiinling policies liavi been applied consisl¢iitly tliroughoiil Ilic ycar and the precediiig yLÉir. 'I"he trai).qition to l.-RS 102 lias res11 Lied in no chang¢s in acLuunling poIiciLS lo those applied pi'L'viously. Basis of accounting 'l-hc financial stateiiienls hilvc been pi'epared in accor(lanc¢ with the SldtLinent of RecoiMniei)ded Practice.. ALCOLlI)ting aiid Repoitiiig by C.hai'ilies pi'cparing il)eii' accoiinls in aLLOI'da11ce with Ili¢ Fiiiancial Repoiting Siandard applicablc in ihe UK and Repiiblic of Ii'elaiid (FR% 102) issiied oil 16 Jiily 2014 an(1 the I. in¢ll)li411 Reporlingi Staiidard ftppl icahle iii tlic UiiilLd Kingdoiii¢ ? nd RLpubl ic of Ii'elGind (I". RS 102) and Il)c Lliai'ilies Acl 2011 Th¢ cl)ai'ity ¢onslilulc5 d public beiiefit entity as dcfined by FR% 102. Incoming resources All iiicoiningJ I'esoiii'ccs lli'c in¢liided in Ihc .slat¢inenl ()f finaiicial d¢liviliL% wlicn the chHI'ily is entitlcd lo the inLOlnC and Ihe ainoiinl Laii bc qiianlifi¢d willi reasonable ac¢LirdLy. Tlic followiiig spccifiL policics ai'L' applied lo pai1iLiilar Ciitegjories of iiicomc,, Vnluntary illLI)iiie is rc¥eiwed by way ()f graiits, diii)alioiis aiid gyiftb 41)d is iiiLludcd iii fLIII iii Il)e 8laieiii¢iil nf riiidiiLi<il aclivili¢4 wlieii rLLeivablc cxcepl SLII)scrii)ii()1)8 aiid Cjill A id 'fax cltiiiii%. wIiiL,li arc I'cLI)&Jiii8ed oli reLeivcd basis. (iraiils wlicrc Lnliileiiieiii is n(Il Loiidilioiidl oli Ilie delivery ul. a speLi fic perforiiiaiicc by Ilie cliai'ily, dl'e I'cco&Jiiiscd wlien Ihc Lllarily bccoiiiLs IlllLOI)dilini)ally eiiliilLd i() IIIC &FI'dlll. l)<)iiatud sei'vices aiid facilitlcs ill'¢ 11)cludLd al ihc valu¢ lo Ihc Lhai'ity wh¢i'¢ this Laii be Liiiai)lifi¢d. Tlie valLIL of sei'vic¢s pi'(Ivided by vulLintccr% lias not b¢Lii includL.d. Gifts <loiialcd fui. I'esal¢ are includcd as incoining I'esoLlI'CCS Wlthiii aclivilics Ioi. blCllCI'aliiigF fiinds whcn Ih¢y al'e sold. Iii¢ome froin thc chai'ity sl)op is included in tho yeai. in wliicli it is receivable. Iii¢oine froin iiiveslineiits is iiicluded iii tl)e yeor iii wliicli il is receivable. Legacies al'e incliidLd wlieii Ilie chai'ity is idviseil by the pei'sonal i-epi'e5enlative of ali eslale Ihal payinent will be niade or prupLrty 1ran5fei.red aiid IhL ainoiinl iiivolved cali bc qiianlitied. Resources L'XPLnded Expeiidiliire 15 l'ecogniscd oli an accriial basis as a liabilily is iiiciirred. Lxpeiidiliire iiicliide.i ai)y V A'l. wliieli cannnt be fLilly rccover#d, and 15 reponed as parl of (lie expei)diturc lo wliicli it relates, ('o.qts of generating funds cninpri5e tl)e ¢osts associated witl) alli'dclii)g voluiitary iiicom¢ aiid Ihe costs of Iradiiig for fuiidi'aising purposes iiicludiiig Ilie L5)arily's shop. Cliarilablc cxpeiiditure compri%es tlio5e co515 iii¢urred by Ilie charity iii Ilie delivery of it5 activities and services foi. ils beiieficiaries. It includ¢s boili costs Ilial cali be allocated directly lo sucli activities ai)d Illose costs of ali iiidii'ect iiature iiecessaiy 10 Support Iliem. Page 9
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 March 2024 1.4. Tangible fixed assets and depreciation Tai)gFible fixed assets are stated at cost less accumulated deprerialion. Depreciation is provided al rates calculated to write off the cost or valuation less residual value of each asset over its expected useful l ife. as follows.. Land and buildiiigs Fixtures, fittiiigs and equipment 200/0 reducing balance basis 1.5, Investments Investments held as fixed as5et5 are stated al fair value, 1.6. Stock Stock is valued ai the lower of cosl aiid nel Iralisable value. 1.7. Going concern 'rhe financial statemciits have bocn prepared on the assiiinplion that the Gharity is able lu carry on operations a¥ a going ¢oncerii, which trustees consider appropriate haviiig regard to th¢ circunistanlcs. Voluntary income 2024 TolAI 2023 TotAI LegaLies Subscriptions LJ Cemelcry Schcm¢ ai)nual fee Tax recovcrable on subsLI'iptions Gencral donation5 Hi&yh Holy Day appeal HibFh Holy Day Visitors CST Contributions Other in¢on)e 2,000 4().874 5,815 11,772 4,104 2,895 720 2,813 44.620 6,354 12,081 5,482 2,447 548 1,548 240 77,003 73,320 Activltles for generating funds 2024 Totwl 2023 Totgl Shop income Hall lettings Events Redev¢lopment Grant 40 42,500 30 9.980 44,869 3,030 52,550 47.899 Pige 10
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 March 2024 Investment Income 2024 Total 2023 I'otol Income fron) iiivestmcnts 16.297 15,835 16.297 15.835 Direct Synagogue expcndlture 2Q24 Total 21123 TotHI Ministers, salary, pension and expenses LJ Capitation U Cemetery Schem¢ Religwj{)n school Printing. postage aiid slalionery Events High Holiday and oUi¢r ServiLes costs Charity donations and gift5 Training costs Security costs 48,522 10,512 5,651 616 1,918 899 2,435 2,931 509 6,983 44,322 10,884 6,653 2,196 2.687 173 5,034 2,766 7,353 80.()76 112.0()8 PAgell
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 March 2024 Governance e05ts 2024 Total 2(123 Wages & salaries Heating, lighting & Wdter Repairs & mainlenance Gardening Insurance Cleaning Accoiint&ncy & payroll fees Professional Legal fees Subscriptions Compiiler expenses I'eleplioiie Wasl¢ collection coss Sundries Bank ¢liarges Deprecialion on furniture & otTice cquipmei)I 20,638 6,984 10,326 34 9,454 20,256 4,759 6,()17 1,450 11,848 5,705 2,424 436 542 665 511 865 37 431 2.544 543 738 988 701 2()3 472 1,313 59,240 53,696 Employment Costs 21124 2V23 Wages and salaries ()4,578 Number of employees The av¢ragc Inonihly numbers of employees dui'ing the ycar, ¢alculaled on thc basis of full time equivalents, was as follows: 2024 2023 Iyumber Number Trustees, remuneralions and benefits Truslees, received no remunerations of other benefits during the year. (2023: Nill) Trustees, expenses Trustees, received no reimbursements of expenses during the year. (2023.. Nil). Page 12
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 MarL'h 2024 Land And Fixtures, bulldings fittings and freehold equipment Tangible fixed assets Total Cost At l April 2023 Additions 400,0011 22,221 9,960 422,221 9,960 At 31 March 2024 4011.000 32,181 432,181 Depreclalion Ai l April 2023 Cliarge for lh¢ year At 31 March 2024 16.969 2,544 16,969 2,544 19,513 19,513 Net book values Al 31 Marih 2024 41i0,nOO 12,668 41?.()(?11 At 31 Mur¢h 2023 400.QOII 5.252 405,252 'rhe Chai'ity's freehold land and buildings werc revalued professionally al th¢ y¢ar end, at £400,000 on Ihe open market valu¢. It was previoiisly valued prof¢b8ionally in September 2006 ai £275,OQU on op¢n market value, Flxed a58et inveslment8 TotAI Valuatl()n At l April 2023 Gain/lLoss) on investmeiils 294,048 11.8801 At 31 March 2024 2()2,168 io. Debtors Year ended 31103124 YeAr ended 31103123 Prepaymeiits 374 160 Page 13
Ealing Liberal Synagogue Notes to financial statements For the year ended 31 March 2024 Year ended 31103n4 Year ended 31103123 Creditors: amounts falling due withSn one year Trade creditors Oih¢i' laxes and social se¢urity Subscriptions received in advance Rent d¢posit Accruals 357 476 11.160 5,484 1,890 11.476 18,777 12. Related party transactlons I'h¢re was no relat¢d party transactions duriiig the year. 13. Analy$ls of net as¥Lts between funds TotAI fundii Fund balances 8131 March 2024 as represented by.. TanLyible fixed asscts Investment assets Curreiil assels Lurr¢nt liabilities 41 ?.(1(>8 21)2.11)8 (19,.367) 711.613 14. Funds Cjaln on revgluAtlon of tAngible flxed assets At l April Incomlng Outgoing 2023 resources resources At 31 March 2024 Charity fiJi)ds 707,8S9 145.g511 1140.?161 {1,8801 711,613 Page 14