##
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|Trustees||Mr A Goodman||||
|---|---|---|---|---|---|
|||Mrs L Engler||||
|||MrA J Hyams||||
|||Mrs SBernstein||||
|||Mr DJ Cowen||||
|||Mr G RAMatz||||
|||Mr R Moryoussef||||
|||Miss F M Hymen||||
|||Mr A R Kingsley||||
|||Mr M L Kuhillow||||
|||Mr 8SVerby||||
|||Mr Philip Goldstone||(Appointed|16January|
|||||2020)||
|||Mrs Sarah Isaacs||(Appointed|16January|
|||||2020)||
|Charity number||1124507||||
|Company|number|06525914||||
|Registered|office|The Fire||||
|||Bowdon||||
|||Altrincham||||
|||Cheshire||||
|||WA14 2TE||||
|Auditor||Topping
Partnership|(Accountants)|Limited||
|||Incom House||||
|||Waterside||||
|||Trafford Park||||
|||Manchester||||
|||M17 1WD||||
|Bankers||Barclays Bank pic||||
|||Mosley Street||||
|||Manchester||||
|||M60 2AU||||
|Solicitors||Kuit Steinart Levy||||
|||3St Mary's Parsonage||||
|||Manchester||||
|||M3 2RD||||
##
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|||Page|
|---|---|---|
|Trustees
report||1-3|
|Statement
ofTrustees|responsibilities||
|Independent
auditor's|report|5-7|
|Statement
offinancial|activities||
|Balance sheet|||
|Statement
ofcash flows||10|
|Notes to the financial|statements|11 - 24|
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|||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2020|2020|2020|2019|2019|2019|
|~hf|||Notes|6|8|8|6||8|
|Donations
and|legacies||3|447,027|19,974|467,001|381,304|27,251|408,555|
|Charitable
activities|||4|66,502||66,502|49,944||49,944|
|Other trading activities|||5|53,942||53,942|57,562||57,562|
|Investments|||6|1,447||1,447|1,983||1,983|
|Total income||||568,918|19,974|588,892|490,793|27,251|518,044|
|~Ex ~ndiufo||||||||||
|Charitable
activities|||7|537,718|19,265|556,983|568,409|30,169|598,578|
|Net gains/(losses)||on||||||||
|investments|||||||2,100||2,100|
|Net incoming/(outgoing)||||||||||
|resources||||31,200|709|31,909|(75,516)|(2,918)|(78,434)|
|Other recognised||gains|and|losses||||||
|Revaluation
of|tangible|||||||||
|fixed assets||||246||246|(2,205)||(2,205)|
|Net movement|in|funds||31,446|709|32,155|(77,721)|(2,918)|(80,639)|
|Fund balances|at 1|||||||||
|September 2019||||4,158,188|9,114|4,167,302|4,235,909|12,031|4,247,940|
|Fund balances|at|31||||||||
|August 2020||||4,189,634|9,823|4,199,457|4,158,188|9,113|4,167,301|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|||||Notes|5|6|
|Fixed assets|||||||
|Tangible assets||||12|4,609,470|4,627,634|
|Investments||||13|34,284|34,038|
||||||4,643,754|4,661,672|
|Current assets|||||||
|Debtors||||14|78,788|66,931|
|Cash at bank snd|in|hand|||148,841|7,958|
||||||227,629|74,889|
|Creditors: amounts||falling due within|||||
|one year||||16|(158,285)|(101,972)|
|Net current assets/(liabilities)|||||69,344|(27,083)|
|Total assets less|current liabilities||||4,713,098|4,634,589|
|Creditors: amounts||falling due after|||||
|more than one year||||17|(513,641)|(467,288)|
|Net assets|||||4,199,457|4,167,301|
|Income funds|||||||
|Restricted funds||||18|9,823|9,113|
|Unrestricted
funds|||||||
|Designated
funds|||||574,264|514,437|
|General unrestricted||funds|||3,598,082|3,626,709|
|Revaluation
reserve|||||17,288|17,042|
||||||4,189,634|4,158,188|
||||||4,199,457|4,167,301|
|The financial statements|||were approved|by the Trustees|on ..crabJet%.go~)||
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||||||2020||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes||6|f.||
|Cash flows from operating||activities|||||||
|Cash generated
from/(absorbed|||by)|23|||||
|operations||||||115,688||(28,461)|
|Investing
activities|||||||||
|Purchase oftangible fixed assets|||||(18,462)||(18,011)||
|Proceeds on disposal of investments|||||||17,999||
|Interest received|||||1,447||1,983||
|Net cash (used in)/generated|||from||||||
|investing
activities||||||(17,015)||1,971|
|Financing
activities|||||||||
|Proceeds ofnew bank loans|||||50,000||||
|Repayment
ofbank loans|||||(7,790)||(19,611)||
|Net cash generated
from/(used|||in)||||||
|financing
activities||||||42,210||(19,611)|
|Net increase/(decrease)
in|cash and|||cash|||||
|equivalents||||||140,883||(46,101)|
|Cash and cash equivalents|at|beginning||ofyear||7,958||54,059|
|Cash and cash equivalents||at|end of|year||148,841||7,958|
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|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2020|2020|2020|2019|2019|2019|
|||E|E|E|E|E|E|
|Donations|and gifts|97,733|19,974|117,707|41,487|27,251|68,738|
|Grants receivable||3,818||3,818|4,415||4,415|
|Membership|fees|272,938||272,938|274,370||274,370|
|Gift Aid||72,538||72,538|61,032||61,032|
|||447,027|19,974|467,001|381,304|27,251|408,555|
##
|Charitable|Charitable|
|---|---|
|Income|Income|
|2020|2019|
|E|E|
|500||
|66,002|49,944|
|66,502|49,944|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2020|2019|
|E|E|
|53,942|57,562|
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|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2020|2019|
|F|5|
|1,447|1,830|
||153|
|1,447|1,983|
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||||Charitable|Charitable|
|---|---|---|---|---|
||||Expenditure|Expenditure|
||||2020|2019|
||||f|f|
|Staff Costs|||204,721|240,531|
|Depreciation
and impairment|||36,627|33,596|
|Rates &water|||3,751|2,105|
|Light &heat|||14,374|13,378|
|Repairs &maintenance|||39,613|62,639|
|Insurance|||7,755|8,429|
|Laundry
&cleaning|||13,726|18,621|
|Motor vehicle expenses||||51|
|Sefer Torah|||22,500||
|Travel &subsistence|||18,917|1,949|
|AfFiliation fees|||3,863|3,497|
|Telephone|||3,516|3,463|
|Printing,
postage|&stationery||13,706|14,187|
|Burial expenses|||37,755|36,297|
|Security|||10,997|13,839|
|Rabbi expenses|||8,346|7,163|
|Youth Rabbi expenses|||9,345|5,503|
|Miscellaneous
Event||costs|4,258|3,318|
|Youth Events|||4,845|7,412|
|Other charitable|expenditure||92,859|117,109|
||||551,474|593,087|
|Share ofgovernance||costs (see note 8)|5,509|5,491|
||||556,983|598,578|
|Analysis
by fund|||||
|Unrestricted
funds|||537,718|568,409|
|Restricted funds|||19,265|30,169|
||||556,983|598,578|
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|8|Supportcosts|Supportcosts|||||||
|---|---|---|---|---|---|---|---|---|
||||SupportGovernance||2020|Support|Governance|2019|
||||costs|costs||costs|costs||
|||||8|E|E|F||
||Audit fees|||5,509|5,509||5,491|5,491|
|||||5,509|5,509||5,491|5,491|
||Analysed|between|||||||
||Charitable|activities||5,509|5,509||5,491|5,491|
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|The average|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2020|2019|
|||Number|Number|
|Rabbis||||
|Chazan||||
|Caretaker||||
|Oifice staff||||
|Educational|staff|||
|Employment|costs|2020
8|2018f|
|Wages and|salaries|193,818|212,932|
|Social security costs||732|18,395|
|Other pension costs||10,171|9,204|
|||204,721|240,531|
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|Total|Unrestricted|
|---|---|
||funds|
|2020|2019|
|6||
||2,100|
##
|Tangible fix|ed assets||||||
|---|---|---|---|---|---|---|
||||Freehold
land|Fixtures and|Equipment|Total|
||||and bugdlngs|fittings|||
||||6||||
|Cost|||||||
|At 1 September 2019|||4,824,505|47,639|19,882|4,892,026|
|Additions||||18,462||18,462|
|At 31August|2020||4,824,505|66,101|19,882|4,910,488|
|Depreciation|and impairment||||||
|At 1 September 2019|||216,980|33,074|14,337|264,391|
|Depreciation|charged|in the year|27,088|8,151|1,388|36,627|
|At 31August|2020||244,068|41,225|15,725|301,018|
|Carrying
amount|||||||
|At 31August|2020||4,580,437|24,876|4,157|4,609,470|
|At 31August|2019||4,607,524|14,565|5,545|4,627,634|
|Fixed asset investments||
|---|---|
||Listed|
||investments|
|Cost or valuation||
|At 1 September 2019|34,038|
|Valuation
changes|246|
|At 31August 2020|34,284|
|Carrying
amount||
|At 31August 2020|34,284|
|At 31August 2019|34,038|
##
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|14|Debtom||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||Amounts|falling||due within one year:|6|6|
||Trade debtors||||21,462|5,059|
||Other debtors||||35,000|44,667|
||Prepayments||and|accrued income|22,326|17,205|
||||||78,788|66,931|
|15|Loans and overdrafts||||||
||||||2020|2019|
||||||6|6|
||Bank loans||||529,111|486,901|
||Payable|within|one year||15,470|19,613|
||Payable|after|one|year|513,641|467,288|
||Amounts|included||above which fall due after five years:|||
||Payable|by instalments|||380,473|388,488|
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|Creditors: am|ounts
|falling due within one year||||
|---|---|---|---|---|---|
|||||2020|2019|
||||Notes|E||
|Bank loans|||15|15,470|19,613|
|Other taxation|and social security|||4,882|4,669|
|Trade creditors||||92,758|26,274|
|Other creditors||||661|4,393|
|Accruals and deferred||income||44,514|47,023|
|||||158,285|101,972|
##
|Credi|tors: amounts
falling due after|more than one year|||
|---|---|---|---|---|
||||2020|2019|
|||Notes|E|E|
|Bank|loans|15|513,641|467,288|
##
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|||Movement|in funds||Movement|in funds||
|---|---|---|---|---|---|---|---|
||Balance at|Incoming|Resources|Balance at|Incoming|Resoumes|Balance at|
||1 September|resources|expended|1September|msources|expended|31August|
||2018|||2019|||2020|
||6|6||6||||
|Charities||||||||
|Fund|3,406|23,371|(26,226)|551|17,226|(16,750)|1,027|
|Tzedakah||||||||
|Fund|1,155|3,880|(3,537)|1,498|2,748|(2,515)|1,731|
|Youth Activity||||||||
|Fund|7,470||(406)|7,065|||7,065|
||12,031|27,251|(30,169)|9,114|19,974|(19,265)|9,823|
##
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|20|Analysis ofnet assets|between funds||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||Funds|Funds||Funds|Funds||
|||2020|2020|2020|2019|2019|2019|
|||F|E|E|E|F|F|
||Fund balances at 31|||||||
||August 2020 are|||||||
||represented
by:|||||||
||Tangible assets|4,609,470||4,609,470|4,627,634||4,627,634|
||Investments|34,284||34,284|34,038||34,038|
||Current assetsl|||||||
||(liabilities)|59,521|9,823|69,344|(36,196)|9,113|(27,083)|
||Long term liabilities|(513,641)||(513,641)|(467,288)||(467,288)|
|||4,189,634|9,823|4,199,457|4,158,188|9,113|4,167,301|
##
||2020|2019|
|---|---|---|
||E|E|
|Within one year|2,199|1,521|
|Between two and five years|7,276|5,705|
||9,475|7,226|
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|23|Cash generated
from|operations||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||||6|8|
||Surplus/(deficit)
for the|year||||31,909|(78,434)|
||Adjustments
for:|||||||
||Investment
income recognised
in||statement|offinancial|activities|(1,447)|(1,983)|
||Gain on disposal of investments||||||(2,100)|
||Depreciation
and impairment
oftangible fixed assets|||||36,627|33,596|
||Movements
in working|capital:||||||
||(Increase)/decrease
in|debtors||||(11,857)|24,452|
||Increase/(decrease)
in|creditors||||60,456|(3,992)|
||Cash generated
from/(absorbed||by) operations|||115,688|(28,461)|
|24|Analysis ofchanges|in net (debt)/funds||||||
||||||At 1 September|Cash flows|At 31August|
||||||2010||2020|
||||||8||5|
||Cash at bank and in hand||||7,958|140,883|148,841|
||Loans falling due within|one year|||(19,613)|4,143|(15,470)|
||Loans falling due after|more than|one year||(467,288)|(46,353)|(513,641)|
||||||(478,943)|98,673|(380,270)|