Charlty R•glstration No. 1078745 OHR YERUSHALAYIM SYNAGOGUE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020
OHR YERUSHALAYIM SYNAGOGUE LEGAL AND ADMINISTRATIVE INFORMATION Trusts•s Adam Bookman Dov Black Jack Salomon Charlty numb•r 1078745 prtnclpal addf•SS 470 Bury New Road Salford M7 4NU Ind?ndent •xamln•r Loplan Gross Bgmott & Co 1st Floor, Cloisl?r House Riversidg New Bailey Street Manchester M3 6FS Bank•r• HSBC Bank pk
OHR YERUSHALAYIM SYNAGOGUE CONTENTS Pagè Tru8tee8 report Slalemenl of flnandal actiwlies 8•lanrR sheet Nol•8 lo the flnanclal statemènts
OHR YERUSHALAYIM SYNAGOGUE TRUSTEES REPORT FOR THE YEAR ENDED 30 NOVEMBER 2020 The trustees present Ihelr report and ffinancial statements for the year ended 30 NOVemr 2020. The accounts have been prepared in accordance with the accounting policies sel out in note 7 to the accounts anty comply wth the Deed of Conglrtulion dated 4 December 2012. the Charitie5 Act 2011 and the Statement of Recommended Pradce, Accounting and Reportbng by Charities" issued in March 2005. ObJ•ctlvg1 and activitigj The principal obiects.ves of the charity are lo promote and advanco the Jevhsh religion and Jewish ethlcs by the running of prayer groups on a regular basis, to arrange and provide for the holdin9 of meetings, lectures and exhibitions for inlomialion and advancement of the Jewish religion and lo prornole thè education of children and adole8cent$ in Jewish religion and ethics. The IruBtees have paid due regard lo guidance issued by the Charity Commission in d&ciding what activlties the charily should undertake. A¢hl•vom•nt8 and performanc• The prfncipal aGtlvlties during the yèar were the running of a 8ynagogue, including Jewish social rellgious evenl$ for the members of the synagogue. Tho synagogue conllnuèd lo thrive in the year, both in term¥ of growing memborshlp and in tho number of acllvlties that lake place. Flnanclal f•vl•w The 8ynagogue'$ finances are managed by a dedlcalèd treasurer who18 duly overseén by the Iru5teas. During the year under r8view, as sel out on the Statement of Financial Aclivth'o$. the charity received Income of £83,431 12019 .' £133,229) wllh £94,605 12019 .. £108,737) being expended in accordance with the objects of the charity. Re¥erve8 al the year end tolalled £641,S89 malehed by the inve$lmenl In the synagogue of £567,032 8nd cash of £71.557. There has been a reduction In Income durlng Ihls tradln9 period, due to Covld re8lrtctions r•3uttlng in reduced geNice5. In addillon during this period member income has beén aff8Ctod. Thi5 has be8n a lempcrary siluallon and tho Synagogue ha5 now retumed lo lull function. The Trusleeg anlicipale Income wll increase accordlngly. In addition the Synagogue continuès to maintain sufficlenl reserves that ensures liabllilie8 can be met. 11 is the pollcy of the charlly that vnreslricled fiJnds which are not re4uired for the synagogue building and other a558ts 8hould be maintained al a level which wll ensure that. in the event of a significant drop In funding, the charity will be able lo continu& its current a¢livili85 while conslderatton Is given lo ways In which additional funds may be rai8ed. The trustees have a88e88ed the major rf8k8 to the charity18 exposed, and are 98115fied that Systems are in place lo miligale exposure lo the major risks.
OHR YERUSHALAYIM SYNAGOGUE TRUSTEES REPORT ICONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2020 structurei governance and man•gem•nt The Ohr Y8rushalayim Synagogue is a re9iSteTed charty Ino 1078745) and its addre88 Ig as shown on the legal and admlnlstrotsve information. The Iruslees of the charity who seNed dudng thè year wore as follows.. Adam Booknian Dov 818d( Jack S81c*n¢Jn The day lo day admln18tration of the charlty is carrled on by 8 five per80n 8oard of Management (known as the Execuuve Commltteel comprislng one tru8le8 and four members of the synagogue 8cted by the memberahip. Appoinlrnent of other trustee8 is al the d18crelion of Ihe 8ervlng trustees. All deasions made on behalf of Ihg charity are made by the ITUStee8. The trustees report was 8pprovad by the 8oard of TTU8tee8. Ad•m 8ookmAn Tru$leg Dov Bl•ck Tru8tee D8tsd'. Jack Salomon Trustee Dated.. Doled.. 0310912021 0310912021 0310912021
OHR YERUSHALAYIM SYNAGOGUE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OHR YERUSHALAYIM SYNAGOGUE I report lo the Iruslees on my examination of the financial statements of Ohr Yorusha18yim Synagogue lthe charityl for the year ended 30 November 2020. R•$ponslbllltl•$ and basil of report As the trustees of the charity you are responsible for the preparallon of the financial statements in accordance wlh the requlromenls of the Charitie5 Act 2011 Ilhe 2011 Act). I report In respect of my gxaminauon cf Ihe charity's financlal slatemenlg carried out under section 145 of the 2011 Act. In carrying out my exarninalion I have followed all the applicable Dlrecllons glvèn by the Charity Commission under section 1451Sllbl of the 2011 Act. Ind•p•ndont •xamln•r'# #tat•mont I have completed rny examination. I confirm that n¢ matters have come to my attgnlion in connection wlh the examlnalion giving me cause lo believe Ihal in any material resp8el', accounting records were not kept in respect of the chaTIty a5 requirtsd by section 130 of the 2011 Act., or the flnanclal 5181emenls do not accord with Ih06e records,. or the financial $lalemenls do not comply wlh th• applicable requirements nCernIng the fomi and conlenl of accounts sel out in the Charities (Accounlg and Report51 Regulations 2008 other than any requirement that the accounts givè a true and falr view which is not a matter considered ag part of an independent examination. I have no concems and have come across no olhgr matters in connection with the examlnallon lo which attention should be drawn in this report In order lo enablè * proper understanding of th& financlal ¥latements to be reachad. D Rubinstein FCA Lopian Gross Barngtt & Co 181 Floor, Cloister House River8lde Nèw Bailey Street Manchester M3 SFS D4ted'. 0310912021
OHR YERUSHALAYIM SYNAGOGUE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 NOVEMBER 2020 Unr•$trl¢tsd Ro8trlcted fund# funds 2020 2020 Total Unrestricted Reslrfcted nds nd5 2019 2019 Total 2020 2019 Not•s DonatKJns and glftg 79,053 4,378 83.431 127.560 5,869 133,229 Charitable activities 90,227 4.378 94,605 103,068 5,669 108,737 N•t1oxp8ndltur•lllncom• lor the y8•rl Net mov•m•nt In lund• 111.1741 111,1741 24,492 24,492 Fund tsalan8 at 1 Dfjcember2019 648,363 1.400 649,783 623,871 1.400 625,271 Fund balanc•s At 30 Nov•mb•r 2020 637,189 1,400 638,589 648.363 1.400 649,763
OHR YERUSHALAYIM SYNAGOGUE BALANCE SHEET AS AT30 NOVEMBER 2020 2020 2019 Noles Flx•d a•B•ts Tangible assets Curr•nt a•$ets Cash al bank and In hand 567,032 565,912 71,557 83,851 Net current as¥ets 71,557 83,851 Total as¥•ts l••# Gurrent Ilabllltl•• 638,589 649,763 Incom• lund• Reslrfcted funds Unreslrlcted fund8 1,400 637,189 1.400 648,363 638,589 649,763 0310912021 The flnonci818t8t8ments wère approved by the Trustee6 on ..................... ... Adam Booknian Tru•ts• Dov Black Trusts• Jack Salomon Tru•ts•
OHR YERUSHALAYIM SYNAGOGUE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2020 Accountlng pollclofj Charlty Infomiation Ohr Yrushalayim Synagogue is a charitable trust con$tiluled under a Deed of Consliluhon dated 4 Decernber 2Ct12. 1.1 Ba$1$ of proparatlon The accounts havè been prepared on the recelpts and paym8nl8 ba$ls 1.2 Ch•ritabl• fund• Unreslrict&d fund8 are available for use at the disuetlon of the trustees In furtherance of their ¢harlable obleclives. Restricted funds are subject lo Specific condllions by donors as lo how thèy may be u$ed. The purposos Ind u59$ of the reslrlcl6d funds are set out in the notes lo thè financial 8lat*menl8. 1.3 Tanglbl• fixod as59ts Tangible fixed a55els are measured at cost, net of dgpreciallon lo 30 November 2012. Depreclallon was previously providod at raley calculated lo write off the cost less eslimaled residual valuè of each as$81 ov•r Ils èxpaclgd useful Iwe, as follow8.. 8uikllng Torah Scrolls Furniture Computer$ 2% Slraighl line 5% Straight Ilne 25% Reducing balance Donatlon• •nd glft• Unro•trlcted R••trlct•d funds fund• Total Unrè5trlcled Reslricled funds funds Total 2020 2020 2020 2019 2019 2019 Donatlon¥ and g1ft3 79.053 4,378 83,431 127.560 5,669 133,229 Included ¥thIn the above as reslrfded IS £4,37812019 ', £5,669} of government grants that were received In respect of the security costs of th¢ $ynagogue. £4,805 of the security fund8 were expended in the yfrar.
OHR YERUSHALAYIM SYNAGOGUE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2020 Charltable activltlos 2020 2019 Rent Federation of Synagogues membership Insurance Religou8 88Nicey. books and requisheg Cleaning, repair, maintenance and Sundry purchases Fundiaising and 80oal acllvilles Security Costs Adv•rtising. printing and po8tsg8 Rale$ Light and heal Telephone Pfofessienal fegs Rabbbnlcal and other r*ligious 8ervlc88 18,494 10,000 1,857 2,B85 14,882 19.494 4,805 18,493 10.000 7.065 1,780 15,336 28,317 5,669 605 1,882 5,642 205 707 1 5,060 1.391 5,475 240 707 14,375 94,605 108,737 94.805 108,737 An•ly•l• by fund Unrèstricted funds Reslrlcled funds 90,227 4,378 94,806 For the yoar onded 30 Nov•mb•r 2019 Unreslricled funds Re8trlcled fund8 103,068 5,889 108,737 Trust••• None of the trustees lor any persons Gonnected with them) recelved any remuneralion or benefits from the charity during the year. None of the Iru8tees lor •ny pgrwn connected wEth them) received any reimbursement of expenses frown the charity during the year.
OHR YERUSHALAYIM SYNAGOGUE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2020 Employ905 The average monthly number of employee$ during the ygar was.. 2020 Numbor 2019 Numb•r Total Tanglblo flx•d 4s1•t• 8ulldlng Tor•h S¢roll• Fymltu Comput•rn Totsl Co•t Al 1 December 2019 Addillon8 453,602 54,337 72,108 610 560,107 1,120 510 At 30 Nov&mb•r 2020 453.662 54,337 72.718 610 581.227 D•pr•¢latlon and Imp•lmi•nt Al 1 December 2019 4,347 9,848 14,195 At 30 NOVemr 2020 4.347 9,848 14,195 Carrylng amount AI 30 November 2020 453,662 49,990 62,870 510 587.032 AI 30 Novembèr 2019 453,662 49,990 62,260 565,912 Anaty•l8 of net a$••t8 b•tween funds Unr•itrlctod R••trl¢tod fund¥ lund• 2020 2020 Total Unr951ricted Reslrlclèd funds funds 2019 2019 Ttsl#l 2020 2019 Fund balances è130 November 2020 are represented by.. Tangible a$sels Current a88etsl 587,032 567,032 565,912 565,912 70.157 1.400 71,557 82.451 1,400 83,851 637,189 1,400 638.5B9 648,363 1.400 649,763 The re5tri¢tsd lund8 compri58 donations for the Building Fund.
OHR YERUSHALAYIM SYNAGOGUE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 NOVEMBER 2020 R01atsd party tr4n•actlonb There re no related party transadion$ durtng thè yèar that require disclosure I2019- none).