Lubavitch Liverpool Trustees’ Report for year ended 31 August, 2021
The trustees present their report along with the financial statements of the charity for the year ending 31 August, 2021.
Charity details
The details of the charity are given on page 1.
Constitution and objects
Lubavitch Liverpool is constituted under a MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 3 AUGUST 2007 and is registered charity number 1123511.
The objects of the charity are
-
The advancement and promotion of the Jewish religion for the benefit of the public in accordance with the Orthodox tenets thereof.
-
The advancement of public education including education in the Orthodox Jewish faith and the provision of recreational facilities ancillary thereto.
-
The relief of financial hardship by the provision of financial assistance to persons of the Jewish faith who are in need to enable them to observe and perform the rites and practices of the Jewish religion.
-
Any other objects that are considered charitable by laws of England and wales.
Activities
The main activities are ‘preparing ourselves for the ultimate redemption’ through ensuring Jewish continuity by reinforcing Jewish identity by providing nourishing educational and social activities, reaching out to all, whether in times of crisis, celebration and in daily life. The charity’s main income is from contributions which enable the charity to achieve its objectives.
Achievements and Performance
During the year 2020-21 the charity continued to run and expand all its programmes and activities to include youth activities, festival and Sabbath activities, adult education programmes, social services, judaica services and publications. Chanukah, Purim, Passover and Shavuot activities have grown with programs for children in the Jewish schools of Liverpool. At the onset of Covid and throughout the pandemic we have been very active in creating a host of virtual and live outdoor activities for the entire community. Our goal was that no member of the community should feel isolated or lonely. We succeeded greatly. We received a grant from the National Lottery for our “Loaves of Love” food distribution program during the pandemic, and it was completed successfully. After Covid we have continued many of the programs that ran successfully in the past.
Future plans
The trustees plan to continue and increase the charity’s activities and programs; especially in the areas of youth and children.
Recruitment and Appointment of New Trustees
The appointment of new trustees is at the discretion of the serving trustees. All decisions made on behalf of the charity are made by the trustees.
Trustees’ Responsibility
The trustees are required under the Charities Act 1993 to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year (unless a charity is entitled to prepare accounts on the alternative receipts and payments basis).
In preparing financial statements giving a true and fair view, thw trustees should follow best practice and
-
(a) Select suitable accounting policies and apply them consistently;
-
(b) Make judgments and estimates that are reasonable and prudent;
-
(c) State whether applicable accounting standards and statements of reccomended practices have been followed, subject to any departures disclosed and explained in the financial statements;
-
(d) Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accouynting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees on 30 May, 2022 and is signed on behalf of them all.
………………………………………. Mr. Geoffrey Max
Registered number 06333245
Lubavitch Liverpool
Report and Accounts
31 August 2021
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
Lubavitch Liverpool Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Accountants' report | 3 |
| Profit and loss account | 4 |
| Balance sheet | 5 |
| Statement of changes in equity | 6 |
| Notes to the accounts | 7 |
Lubavitch Liverpool Company Information
Directors
Jeffrey Max Peretz Chein
Accountants
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
Bankers
Barclays Bank Plc Liverpool South Leicestershire L87 2BB
Registered office
76 Beech Lane Liverpool L18 3ER
Registered number 06333245
Charity number 1123511
1
Lubavitch Liverpool Registered number: 06333245 Directors' Report
The directors present their report and accounts for the year ended 31 August 2021.
Principal activities
The company's principal activity during the year continued to be a charity for the advancement and promotion of the Jewish Religion in accordance with the Orthodox Tenets.
Directors
The following persons served as directors during the year:
Jeffrey Max Peretz Chein
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 24 July 2022 and signed on its behalf.
Jeffrey Max Director
2
Independent examiner's report to the trustees of Lubavitch Liverpool a Charitable Company ('the Company') Limited by Guarantee
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
Responsibliities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income does not exceed £250,000 your examiner does not need to be a member of a body listed in section 145 of the 2011 Act. Nevertheless I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
- the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
24 July 2022
3
Lubavitch Liverpool Profit and Loss Account for the year ended 31 August 2021
| Turnover Cost of sales Gross profit Administrative expenses Operating profit Interest payable Profit before taxation Tax on profit Profit for the financial year |
2021 £ 200,220 (101,896) 98,324 (72,267) 26,057 (650) 25,407 - 25,407 |
2020 £ 185,402 (103,598) |
|---|---|---|
| 81,804 (71,866) |
||
| 9,938 (1,084) |
||
| 8,854 - |
||
| 8,854 |
4
Lubavitch Liverpool Registered number: 06333245 Balance Sheet as at 31 August 2021
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Deficiency of assets Capital and reserves Profit and loss account Members' funds |
2021 £ 4,784 6,558 32,007 38,565 (1,217) 37,348 42,132 42,132 42,132 |
2020 £ 1,713 7,173 8,787 15,960 (948) 15,012 16,725 16,725 16,725 |
2020 £ 1,713 7,173 8,787 15,960 (948) 15,012 16,725 16,725 16,725 |
|---|---|---|---|
| 16,725 | |||
| 16,725 | |||
| 16,725 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Peretz Chein Director Approved by the board on 24 July 2022
5
Lubavitch Liverpool Statement of Changes in Equity for the year ended 31 August 2021
| At 1 September 2019 Profit for the financial year At 31 August 2020 At 1 September 2020 Profit for the financial year At 31 August 2021 |
Profit and loss account £ 7,871 8,854 16,725 16,725 25,407 42,132 |
Total £ 7,871 8,854 |
|---|---|---|
| 16,725 | ||
| 16,725 25,407 |
||
| 42,132 |
6
Lubavitch Liverpool Notes to the Accounts for the year ended 31 August 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, of charitable donations made by donors. Turnover may include revenue earned from the sale of goods and from rendering of services to the public in connection with its principal actvity. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years Fixtures, fittings, tools and equipment over 10 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
7
Lubavitch Liverpool Notes to the Accounts for the year ended 31 August 2021
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Fixtures and fittings £ Cost At 1 September 2020 1,976 Additions 3,043 At 31 August 2021 5,019 Depreciation At 1 September 2020 1,204 Charge for the year 763 At 31 August 2021 1,967 Net book value At 31 August 2021 3,052 At 31 August 2020 772 |
2021 Number 5 Plant and machinery etc £ 4,230 1,225 5,455 3,289 434 3,723 1,732 941 |
2020 Number 5 |
|---|---|---|
| Total £ 6,206 4,268 |
||
| 10,474 | ||
| 4,493 1,197 |
||
| 5,690 | ||
| 4,784 | ||
| 1,713 |
Included in fixed assets are assets funded throuugh the National lottery grant for use as part of the funded project.
8
Lubavitch Liverpool Notes to the Accounts
for the year ended 31 August 2021
| 4 Debtors Trade debtors Other debtors 5 Creditors: amounts falling due within one year Taxation and social security costs Other creditors Accruals and deferred income |
2021 £ 5,471 1,087 6,558 2021 £ 257 360 600 1,217 |
2020 £ 6,006 1,167 |
|---|---|---|
| 7,173 | ||
| 2020 £ 162 286 500 |
||
| 948 |
6 Other information
Lubavitch Liverpool is a private company limited by guarantee and incorporated in England. Its registered office is:
76 Beech Lane Liverpool L18 3ER
7 Company limited by Guarantee
The liability of the members is limited to a sum of £10.
9
Lubavitch Liverpool Detailed profit and loss account for the year ended 31 August 2021
This schedule does not form part of the statutory accounts
| Sales Cost of sales Gross profit Administrative expenses Operating profit Interest payable Profit before tax |
2021 £ 200,220 (101,896) 98,324 (72,267) 26,057 (650) 25,407 |
2020 £ 185,402 (103,598) |
|---|---|---|
| 81,804 (71,866) |
||
| 9,938 (1,084) |
||
| 8,854 |
10
Lubavitch Liverpool Detailed profit and loss account for the year ended 31 August 2021
This schedule does not form part of the statutory accounts
| Sales General donations Designated contributions Gift aid receipts National Lottery grant Cost of sales Jewish festivals Adult activities Children's activities Catering Loaves of Love - Grant costs Designated donations General donations Books and periodicals Administrative expenses Employee costs: Wages and salaries Staff training and welfare Travel and subsistence Motor expenses Motor vehicle leasing Premises costs: Rates Light and heat Cleaning General administrative expenses: Telephone and fax Stationery, postage and printing Subscriptions Bank charges Insurance Equipment hire Computer costs Repairs and maintenance Depreciation Sundry expenses Legal and professional costs: Accountancy fees Payroll services Advertising |
2021 £ 154,776 22,036 13,408 10,000 200,220 24,724 4,166 14,138 16,073 9,086 22,036 9,791 1,882 101,896 36,241 1,637 2,437 4,907 6,108 51,330 3,733 4,922 2,473 11,128 2,555 1,951 60 382 - - 1,306 1,250 1,197 4 8,705 600 504 - 1,104 72,267 |
2020 £ 137,939 32,238 15,225 - |
|---|---|---|
| 185,402 | ||
| 21,492 5,380 5,868 25,939 - 32,238 10,334 2,347 |
||
| 103,598 | ||
| 33,329 1,637 1,154 10,170 7,100 |
||
| 53,390 | ||
| 3,843 4,932 1,709 |
||
| 10,484 | ||
| 1,859 1,647 173 337 49 306 1,643 70 428 86 |
||
| 6,598 | ||
| 500 594 300 |
||
| 1,394 | ||
| 71,866 |
11
Registered number 06333245
Lubavitch Liverpool
Report and Accounts
31 August 2021
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
Lubavitch Liverpool Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 2 |
| Accountants' report | 3 |
| Profit and loss account | 4 |
| Balance sheet | 5 |
| Statement of changes in equity | 6 |
| Notes to the accounts | 7 |
Lubavitch Liverpool Company Information
Directors
Jeffrey Max Peretz Chein
Accountants
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
Bankers
Barclays Bank Plc Liverpool South Leicestershire L87 2BB
Registered office
76 Beech Lane Liverpool L18 3ER
Registered number 06333245
Charity number 1123511
1
Lubavitch Liverpool Registered number: 06333245 Directors' Report
The directors present their report and accounts for the year ended 31 August 2021.
Principal activities
The company's principal activity during the year continued to be a charity for the advancement and promotion of the Jewish Religion in accordance with the Orthodox Tenets.
Directors
The following persons served as directors during the year:
Jeffrey Max Peretz Chein
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 24 July 2022 and signed on its behalf.
Jeffrey Max Director
2
Independent examiner's report to the trustees of Lubavitch Liverpool a Charitable Company ('the Company') Limited by Guarantee
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2021.
Responsibliities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income does not exceed £250,000 your examiner does not need to be a member of a body listed in section 145 of the 2011 Act. Nevertheless I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
- the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached
H J Pinczewski and Co. Chartered Certified Accountants Unit 6 Lower Ground Floor Rico House George Street Prestwich, Manchester M25 9WS
24 July 2022
3
Lubavitch Liverpool Profit and Loss Account for the year ended 31 August 2021
| Turnover Cost of sales Gross profit Administrative expenses Operating profit Interest payable Profit before taxation Tax on profit Profit for the financial year |
2021 £ 200,220 (101,896) 98,324 (72,267) 26,057 (650) 25,407 - 25,407 |
2020 £ 185,402 (103,598) |
|---|---|---|
| 81,804 (71,866) |
||
| 9,938 (1,084) |
||
| 8,854 - |
||
| 8,854 |
4
Lubavitch Liverpool Registered number: 06333245 Balance Sheet as at 31 August 2021
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Deficiency of assets Capital and reserves Profit and loss account Members' funds |
2021 £ 4,784 6,558 32,007 38,565 (1,217) 37,348 42,132 42,132 42,132 |
2020 £ 1,713 7,173 8,787 15,960 (948) 15,012 16,725 16,725 16,725 |
2020 £ 1,713 7,173 8,787 15,960 (948) 15,012 16,725 16,725 16,725 |
|---|---|---|---|
| 16,725 | |||
| 16,725 | |||
| 16,725 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Peretz Chein Director Approved by the board on 24 July 2022
5
Lubavitch Liverpool Statement of Changes in Equity for the year ended 31 August 2021
| At 1 September 2019 Profit for the financial year At 31 August 2020 At 1 September 2020 Profit for the financial year At 31 August 2021 |
Profit and loss account £ 7,871 8,854 16,725 16,725 25,407 42,132 |
Total £ 7,871 8,854 |
|---|---|---|
| 16,725 | ||
| 16,725 25,407 |
||
| 42,132 |
6
Lubavitch Liverpool Notes to the Accounts for the year ended 31 August 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, of charitable donations made by donors. Turnover may include revenue earned from the sale of goods and from rendering of services to the public in connection with its principal actvity. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 10 years Fixtures, fittings, tools and equipment over 10 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
7
Lubavitch Liverpool Notes to the Accounts for the year ended 31 August 2021
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Fixtures and fittings £ Cost At 1 September 2020 1,976 Additions 3,043 At 31 August 2021 5,019 Depreciation At 1 September 2020 1,204 Charge for the year 763 At 31 August 2021 1,967 Net book value At 31 August 2021 3,052 At 31 August 2020 772 |
2021 Number 5 Plant and machinery etc £ 4,230 1,225 5,455 3,289 434 3,723 1,732 941 |
2020 Number 5 |
|---|---|---|
| Total £ 6,206 4,268 |
||
| 10,474 | ||
| 4,493 1,197 |
||
| 5,690 | ||
| 4,784 | ||
| 1,713 |
Included in fixed assets are assets funded throuugh the National lottery grant for use as part of the funded project.
8
Lubavitch Liverpool Notes to the Accounts
for the year ended 31 August 2021
| 4 Debtors Trade debtors Other debtors 5 Creditors: amounts falling due within one year Taxation and social security costs Other creditors Accruals and deferred income |
2021 £ 5,471 1,087 6,558 2021 £ 257 360 600 1,217 |
2020 £ 6,006 1,167 |
|---|---|---|
| 7,173 | ||
| 2020 £ 162 286 500 |
||
| 948 |
6 Other information
Lubavitch Liverpool is a private company limited by guarantee and incorporated in England. Its registered office is:
76 Beech Lane Liverpool L18 3ER
7 Company limited by Guarantee
The liability of the members is limited to a sum of £10.
9
Lubavitch Liverpool Detailed profit and loss account for the year ended 31 August 2021
This schedule does not form part of the statutory accounts
| Sales Cost of sales Gross profit Administrative expenses Operating profit Interest payable Profit before tax |
2021 £ 200,220 (101,896) 98,324 (72,267) 26,057 (650) 25,407 |
2020 £ 185,402 (103,598) |
|---|---|---|
| 81,804 (71,866) |
||
| 9,938 (1,084) |
||
| 8,854 |
10
Lubavitch Liverpool Detailed profit and loss account for the year ended 31 August 2021
This schedule does not form part of the statutory accounts
| Sales General donations Designated contributions Gift aid receipts National Lottery grant Cost of sales Jewish festivals Adult activities Children's activities Catering Loaves of Love - Grant costs Designated donations General donations Books and periodicals Administrative expenses Employee costs: Wages and salaries Staff training and welfare Travel and subsistence Motor expenses Motor vehicle leasing Premises costs: Rates Light and heat Cleaning General administrative expenses: Telephone and fax Stationery, postage and printing Subscriptions Bank charges Insurance Equipment hire Computer costs Repairs and maintenance Depreciation Sundry expenses Legal and professional costs: Accountancy fees Payroll services Advertising |
2021 £ 154,776 22,036 13,408 10,000 200,220 24,724 4,166 14,138 16,073 9,086 22,036 9,791 1,882 101,896 36,241 1,637 2,437 4,907 6,108 51,330 3,733 4,922 2,473 11,128 2,555 1,951 60 382 - - 1,306 1,250 1,197 4 8,705 600 504 - 1,104 72,267 |
2020 £ 137,939 32,238 15,225 - |
|---|---|---|
| 185,402 | ||
| 21,492 5,380 5,868 25,939 - 32,238 10,334 2,347 |
||
| 103,598 | ||
| 33,329 1,637 1,154 10,170 7,100 |
||
| 53,390 | ||
| 3,843 4,932 1,709 |
||
| 10,484 | ||
| 1,859 1,647 173 337 49 306 1,643 70 428 86 |
||
| 6,598 | ||
| 500 594 300 |
||
| 1,394 | ||
| 71,866 |
11