**Charity registration number 1078745**
## **OHR YERUSHALAYIM SYNAGOGUE**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022**
## **OHR YERUSHALAYIM SYNAGOGUE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Dov Black Jack Salomon **Charity number** 1078745 **Principal address** 24 New Hall Road Salford M7 4HQ **Independent examiner** Lopian Gross Barnett & Co 1st Floor Cloister House Riverside, New Bailey Street Manchester M3 5FS **Bankers** HSBC (Manchester) 2 - 4 St Ann's Square Manchester M2 7HD
## **OHR YERUSHALAYIM SYNAGOGUE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 9|
## **OHR YERUSHALAYIM SYNAGOGUE**
## **TRUSTEES REPORT**
## _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
The trustees present their annual report and financial statements for the year ended 30 November 2022.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Deed of Constitution dated 4 December 2012, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
## **Objectives and activities**
The principal objectives of the charity are to promote and advance the Jewish religion and Jewish ethics by the running of prayer groups on a regular basis, to arrange and provide for the holding of meetings, lectures and exhibitions for information and advancement of the Jewish religion and to promote the education of children and adolescents in Jewish religion and ethics.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance**
The principal activities during the year were the running of a synagogue, including Jewish social religious events for the members of the synagogue. The synagogue continued to thrive in the year, both in terms of growing membership and in the number of activities that take place.
## **Financial review**
The synagogue's finances are managed by a dedicated treasurer who is duly overseen by the trustees.
During the year under review, as set out on the Statement of Financial Activities, the charity received income of £108,771 (2021 : £93,959) with £104,449 (2021 : £96,391) being expended in accordance with the objects of the charity. Reserves at the year end totalled £640,479 matched by the investment in the synagogue of £588,974, debtors of £2,800 and cash of £48,705.
It is the policy of the charity that unrestricted funds which are not required for the synagogue building and other assets should be maintained at a level which will ensure that, in the event of a significant drop in funding, the charity will be able to continue its current activities while consideration is given to ways in which additional funds may be raised.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The Ohr Yerushalayim Synagogue is a registered charity (no 1078745) and its address is as shown on the legal and administrative information.
The trustees of the charity who served during the year were as follows:
Dov Black Jack Salomon A Bookman (Resigned 31 August 2022)
The day to day administration of the charity is carried on by a five person Board of Management (known as the Executive Committee) comprising one trustee and four members of the synagogue elected by the membership.
Appointment of other trustees is at the discretion of the serving trustees.
All decisions made on behalf of the charity are made by the trustees.
- 1 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
The trustees report was approved by the Board of Trustees.
Dov Black **Trustee** 19 May 2023
Jack Salomon **Trustee**
- 2 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OHR YERUSHALAYIM SYNAGOGUE**
I report to the trustees on my examination of the financial statements of Ohr Yerushalayim Synagogue (the charity) for the year ended 30 November 2022.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable 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 that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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 financial statements to be reached.
D Rubinstein FCA Lopian Gross Barnett & Co
1st Floor Cloister House Riverside, New Bailey Street Manchester M3 5FS
Dated: 19 May 2023
- 3 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**Notes**
**£**
**£**
**Income from:**
Donations and gifts
**2**
102,742
6,029
**Expenditure on:**
Charitable activities
**3**
98,555
5,894
**Net income/(expenditure) for**
**the year/**
**Net movement in funds**
4,187
135
Fund balances at 1 December
2021
634,402
1,755
**Fund balances at 30**
**November 2022**
638,589
1,890|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2021**
**2021**
**£**
**£**
**£**
108,771
90,996
2,963
104,449
93,783
2,608
4,322
(2,787)
355
636,157
637,189
1,400
640,479
634,402
1,755|**Total**
**2021**
**£**
93,959
96,391
(2,432)
638,589
636,157|
|---|---|---|
- 4 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **BALANCE SHEET**
## _**AS AT 30 NOVEMBER 2022**_
|**Notes**
**Fixed assets**
Tangible assets
**6**
**Current assets**
Debtors
**7**
Cash at bank and in hand
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
Unrestricted funds|**2022**
**£**
2,800
48,705
51,505|**£**
588,974
51,505
640,479
1,890
638,589
640,479|**2021**
**£**
-
47,183
47,183|**£**
588,974
47,183|
|---|---|---|---|---|
|||||636,157|
|||||1,755
634,402|
|||||636,157|
The financial statements were approved by the Trustees on 19 May 2023
Dov Black **Trustee**
Jack Salomon **Trustee**
- 5 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
## **1 Accounting policies**
## **Charity information**
Ohr Yerushalayim Synagogue is a charitable trust constituted under a Deed of Constitution dated 4 December 2012.
## **1.1 Basis of preparation**
The accounts have been prepared on the receipts and payments basis.
## **1.2 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.3 Tangible fixed assets**
Tangible fixed assets are measured at cost, net of depreciation to 30 November 2012. Depreciation was previously provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
|Building|Nil|
|---|---|
|Torah Scrolls|2% Straight line|
|Fixtures and Fittings|5% Straight line|
|Computers|25% Reducing balance|
## **2 Donations and gifts**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2022**
**2022**
**£**
**£**
Donations and gifts
96,713
6,029
Grant income
unrestricted
6,029
-
102,742
6,029|**Total**
Unrestricted
Restricted
funds
funds
**2022**
2021
2021
**£**
£
£
102,742
87,065
2,963
6,029
3,931
-
108,771
90,996
2,963|Total
2021
£
90,028
3,931|
|---|---|---|
|||93,959|
Included within the above as restricted is £6,029 (2021 : £2,963) of government grants that were received in respect of the security costs of the synagogue. £5,894 of the security funds were expended in the year.
- 6 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
## **3 Charitable activities**
|Rent
Federation of Synagogues membership
Insurance
Religous services, books and requisites
Cleaning, repair, maintenance and sundry purchases
Fundraising and social activities
Security costs
Advertising, printing and postage
Rates
Light and heat
Telephone
Professional fees
Rabbinical and other religious services
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 30 November 2021**
Unrestricted funds
Restricted funds|**2022**
**£**
18,621
11,000
5,814
1,937
19,816
14,208
5,894
1,595
1,940
7,777
371
35
15,441
104,449
104,449
98,555
5,894
104,449|**2021**
**£**
18,493
11,000
-
557
20,693
16,708
2,608
1,149
1,263
6,981
406
35
16,498|
|---|---|---|
|||96,391|
|||96,391|
|||93,783
2,608|
|||96,391|
## **4 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
None of the trustees (or any person connected with them) received any reimbursement of expenses from the charity during the year.
- 7 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
## **5 Employees**
The average monthly number of employees during the year was:
|**2022**
**Number**
Total
-
There were no employees whose annual remuneration was more than £60,000.
**6**
**Tangible fixed assets**
**Building**
**Torah Scrolls**
**Fixtures and**
**Fittings**
**Computers**
**£**
**£**
**£**
**£**
**Cost**
At 1 December 2021
465,345
54,337
82,639
848
At 30 November 2022
465,345
54,337
82,639
848
**Depreciation and impairment**
At 1 December 2021
-
4,347
9,848
-
At 30 November 2022
-
4,347
9,848
-
**Carrying amount**
At 30 November 2022
465,345
49,990
72,791
848
At 30 November 2021
465,345
49,990
72,791
848
**7**
**Debtors**
**2022**
**Amounts falling due within one year:**
**£**
Other debtors
2,800|**2021**
**Number**
-|
|---|---|
||**Total**
**£**
603,169|
||603,169|
||14,195|
||14,195|
||588,974|
||588,974|
||**2021**
**£**
-|
- 8 -
## **OHR YERUSHALAYIM SYNAGOGUE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 NOVEMBER 2022**_
|**8**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**£**
**£**
Fund balances at 30
November 2022 are
represented by:
Tangible assets
588,974
-
Current assets/(liabilities)
49,615
1,890
638,589
1,890|**Total**
Unrestricted
funds
Restricted
funds
**2022**
2021
2021
**£**
£
£
588,974
588,974
-
51,505
47,183
-
640,479
636,157
-|Total
2021
£
588,974
47,183|
|---|---|---|
|||636,157|
## **9 Related party transactions**
There were no related party transactions during the year that require disclosure (2021 - none).
- 9 -