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2022-08-31-accounts

EDGWARE ADATH YISROEL CONGREGATION EDGWARE ADATH YISROEL CONGREGATION LIMITED
(A COMPANY
LIMITED BYGUARANTEE)
CONTENTS
Page
Trustees'
report		 1-3
Statement oftrustees' responsibilities
Independent
audttofs		 report 5-8
Statement offinancial activities
Balance sheet 10
Statement ofcash flows
Notes to the financial statements 12- 21

Unrestricted Designated Restricted Total Tote I
funds funds funds 2022 2021
Notes
Income from:
Donabons
and legaoes		 316,501 62,970 379,559 323,630
Chantable
acbvibes		 169,507 169,507 137,030
Investments 50 11
Coronavirus support 448 10,553
Total income 317,079 169,507 62,970 549,564 471,232
Charitable
activities		 355,414 134,178 26,062 515,654 513,920
Net (outgoing)/Incoming resources
before transfers (30,335) 35,329 36,916 33,910 (42,680)
Gross transfers
between		 funds 27,925 (48,043) 20,118
Net (expenditure)/income for the year/
Net movement
In funds		 (10,410) (12,714) 57,034 33,910 (42,688)
Fund balances at 1 September 2021
2,607,678 27,714 84,352 2,719,744 2,762,433
Fund balances at 31 August 2022
2,597,268 15,000 141,386 2,753,654 2,719,745

2022 2022 2022 2021 2021
Notes 6 F.
Fixed assets
Tangible assets 2,763,651 2,765,137
Current assets
Debtors 12 66,213 61,253
Cash at bank and
in		 hand 247,035 255,297
313,248 316,550
Creditors: amounts falling due within one
year 14 (55,111) (65,543)
Net current assets 258,137 251,007
Total assets less current llablfitles 3,021,788 3,016,144
Creditors: amounts falling due after more
than one year 15 (268,134) (296,399)
Net assets 2,753,654 2,719,745
Income funds
Restncted
funds		 16 141,386 84,352
Unrestncted
funds
Designated
funds		 17 15,000 30,947
General
unrestncted		 funds 1,047,268 1,050,935
Revaluation
reserve		 1,550,000 1,550,000
2,612,268 2,638,625
2,753,654 2,719,745
)he company
is entitled
to the exemption		 from the audit requirement contained in section 477 of the Companies Act 2006, for
the year ended 31 August 2022, although an audi has been cerned out under secbon 144ofthe Cherries Act 2011
1he directom
acknowledge		 their responsibilrbes for complying wnh the requirements ofthe Companies Act 2006 with respect
to accounhng
records and		 the preparation of finanaal statements
The members
have not required		 the company to obtain an audit of its finanaal statements
under		 the requirements of the
Companies
Act 2006, for the year in question		 in accordance with secbon 476
These finanaal
statements		 have been prepared
and dehvered		 in accordance anth the provisions applcable to companies
subject to the small companies regime.

2022 2021
Notes 6 6
Cash flows from operating actMtles
Cash generated
from/(absorbed		 by) operations 21
20,189 (7,239)
Investing activities
Purchase oftangible
fixed assets		 (576) (1,532)
Investment income received 50 11
Net cash used in investing activities (526) (1,521)
Financing activities
Repayment of bank loans (27,925) (27,660)
Net cash used in financing activities (27,925) (27,660)
Net decrease
In cash snd		 cash equivalents (8,262) (36,420)
Cash and cash equivalents at beginning ofyear 255,297 291,717
Cash and cash equivalents at end of year 247,035 255,297

2022 2021
E. E.
Nursery income 128,236 96,628
Grants 41,271 40,402
169,507 137,030
5 Investments
Unrestricted Unrestricted
funds funds
2022 2021
E
Interest receivable 50
6 Charitable activities
Synagogue Nursery Restricted Total Total
funds 2022 2021
E E E
Staff costs 167,200 105,425 272,625 246,012
Depreciation and impairment 2,061 2,061 3,096
Synagogue expenses 184,833 184,833 145,719
Nursery expenses 28,753 28,753 30,559
Restncted fund chantable expense 16,394 16,394 76,977
Bank interest 9,668 9,668 9,937
354 og4 134,178 26,062 514,334 512,300
Share of support costs (see note 7) 1,320 1,320 1,620
355,414 134,178 26,062 515,654 513,920

Support costs
Support costs Governance 2022 2021 Basis ofallocation
costs
8
Audit fees 1,320 1,320 1,620 Governance
1,320 1,320 1,620
Analysed between
Chantable acbvrbes 1,320 1,320 1,620 Governance
The average monthly
number
ofemployees
during the year		 was
2022 2021
Number Number
Synagogue and welfare
Nursery
Total 17 16
Employment costs 2022 2021
8
Wages and salaries 272,625 246,012

11 Tangible fixe d assets
Lend endpixturee, fittings Tetei
buadinse a equipment
Cost
At 1 September 2021 2,761,597 77,946 2,839,543
Additions 576 576
At 31 August 2022 2,761,597 78,522 2,840,119
Depreciation and Impairment
At 1 September 2021 74,407 74,407
Depredahon charged in the year 2,061 2,061
At 31 August 2022 76,468
Carrying
amount
At 31 August 2022 2,761,597 2,054 2,763,651
At 31 August 2021 2,761,597 3,540 2,765,137
12 Debtors
2022 2021
Amounts
fag		 lng due within one year: f 6
Trade debtors 25,706 15,820
Other debtors 35,251 40,611
Prepayments and accrued mcome 5,256 4,822
66,213 61,253
13 Loans and overdrafts
2022 2021
6 6
Bank loans 296,134 324,059
Payable
within one year		 28,000 27,660
Payable after one year 268,134 296,399
The bank loan is secured by a fixed charge over the charity's freehold property

14 Creditors: amounts Creditors: amounts falling due within one year
2022 2021
Notes
Bank loans 13 28,000 27,660
Other taxation and soaal secunty 3,968 4,236
Trade creditors 4,590 7,026
Accruals and deferred lncorne 18,553 20,021
55,111 65,543
15 Creditors: amounts fallmg due after more than one year
2022 2021
Notes 8
Bank loans 13 268,134 296,399
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21 Cash generated from operations 2022 2021
6 f.
Surplus/(defiat)
for the		 year 33,910 (42,688)
Ad/ustments
for
Investment
inccrse recognised
in		 statement offinanmal acbv/Ses (50) (11)
Depreciation
and		 impairment
oftangible		 fixed assets 2,061 3,096
Movements
in working		 capital:
(Increase)/decrease
in		 debtors (4,960) 22,192
(Decrease)/increase
in		 creditors (10,772) 10,172
Cash generated from/(absorbed by) operations 20,189 (7,239)
22 Analysis ofchanges in net (debt)/funds
At 1 September Cosh flows At 31 August
2C22
2S21
Cash at bank and in hand 255,297 (8,262) 247,035
Loans falling due mthin one year (27,660) (340) (28,000)
Loans falling due after more than one year (296,399) 28,265 (268,134)
(68,762) 19,663 (49,099)