Registration number 06438680 Charity number 1124560 Cheshire Reform Congregation Limited Company limited by guarantee Directors, report and unaudited financial statements for the year ended 31 March 2025
Cheshire Reform Congregation Limited Company limited by guarantee Company information Directors Deborali Ann Angel Prof David Leno Bal50 (Vice Chair) Dr Laura Jane Rachel Cohen (Chair) Susan Colien (Honorary Treasurer) Henry Robert Fox Miriam Kletz Catliy Schindel Knowles Reuben Saffer Secretary Henry Robert Fox Compa]iy number 06438680 Charity iiumber 1124560 Registered office 198 Altrinchain Road Maiichester M22 4RZ Independent examiner Andrew Bland FCA 41 Greek Street Stockport Clieshire SK3 8AX Bankers CAF Bank Ltd 25 Kiiigs Hill Avenue Kiiigs Hill West Malling ME19 4JQ
Cheshire Reform Congregation Limited Company limited by guarantee Contents Page Directors, report Independent examiner's report Statement of Financial Activities Balance sheet Notes to the financial statements 7-12
Cheshire Reform Congregation Limited Company limited by guarantee Direetors, Report for the year ended 31 March 2025 The Directors present their report and financial stateillents to the Members for the year ended 31 March 2025 Legal and Administrative Details Cheshire Refonn Congregation Liinited is a charitable company (company nuinber is 06438680). The charitable coinpaiiy is registered as a charity with the Charity Cominission, cliarity number 1124560. The registered office of tlie company is 198 Altrinchajn Road, Manchester, M22 4RZ. Directors and Trustees The Directors of the charitable compaiiy are its Trustees for tlie purpose of cliarity law and are collectively referred to as tlie Directors. The Directors wlio served during the year were: Deborah Ann Angel Prof David Leno Balsa]no Michelle-Reiiee Breeze (resigned 9 October 2024) Dr Laura Jane Rachel Cohen (Chair) Susan Eva Gottlieb Cohen (Hon Treasurer) Helen Conway (appointed 4 July 2024. resigned 20 May 2025) Henry Robert Fox Miriam Kletz Catliy Schindel Knowles Francine Mitchell (resigned 12 NoveiTLber 2024) David Rabin (resigned 12 June 2025) Reubeii Saffer (appointed 29 December 2024) Christine Kathleen Swerling (resigned 30 November 2024) Michele Sutton (appointed 4 July 2024, resigned l Deceinber 2024) Hilary Esme Thomas (resigned 4 July 2024) Governance and Internal Control The company is administered by the Board of Directors which meets regularly to discuss strategy and iinplement policies. Tlie coillpany is goveriied by its Memoranduin and Articles of Association at incorporation on 27th November 2007, as amended on 20111 June 2018, 81h Deceinber 2020 and 14 Marcli 2023, together witli tlie Board of Directors Tem)s of Reference dated 201h June 2018. Objectives and Activities The prii)cipal objective of the charitable company is to advance the Jewish religion by the provision and Inaiiiteiiaiice of a synagTogue for the purpose of public worsliip, marriages, burials and social welfare, youth a]id other activities for its Ineinbers aiid others and for sucli other charitable purposes as the Board shall determine. Tlie Directors have given duc regard to public benefit guidance published by the Cliarity Coininission. Page I
Cheshire Reform Congregation Limited Company limited by guarantee In order to achieve its objectives, the charitable company has the following strategies- The employment of a Rabbi. The rLinning of a religioLlS school. Holding services on the Sabbath, all religious holy days and to celebrale religious festivals. Educational and social activities to encourage friendships and promote a Jewish experience. Financial Revtew Unrestricted reserves available for general activities increased during the year even ihough unrestricted income was lower tlian last year as tliere was no major fundraising event in the period. Salary costs were lower as the synagogue was wilhout a Rabbi for I I months and less needed to be spent on maintaining tlie building. The charitable company had net current assets at the balance sheet date and free cash reserves of £285,000, the remaining cash being ringfenced in Restricted Fiinds for specific purposes. The charitable company is therefore able to continue in operation and meet its debts as they fall due. The Board of Directors meets on a regular basis and tlie financial position is reviewed at these meetings. The Directors, investment powers are governed by section 6 of the Articles of Association. The policy is to aim for safety coillinensLirate with itninedtate and planned spending requirements. Tlie Directors continue to manage the investments in coiifom)ity With the policy and its Bye Laws. The Board has agreed that to miniinise risk siirplus funds should be held on deposit. Accordingly. such funds are held as cash balances and not otherwise invested. The Board of Directors has identified major risks to which the charity is exposed. Procedures have been established to enable regular review and assesstnent of the risks. Consequently, the Directors are satisfied that necessary steps have been taken to lessen and mitigate risk. Future Plans Menorah is pleased to have appointed a new Rabbi and the Board and volunteers will work with the Rabbi to expand and develop the community, adhering to the principles of Progressive Judaism, with a particular focus on young families and young adults. Statement of the Responsibilities Company law reqiiires the Directo lo prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surpliis or deficit of the charitable company for that period. In preparing the financial statements the Directors are required to: select suttable accounting policies and apply them consistently- make jiidgements and estimates which are reasonable aiid prudent. state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charilable company will continue in operation. The Directors are responsible for keeping proper accounting records whicli disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure Ihal the financial statements comply with the Coinpanies Act 2006. Tliey are also responsible for the safeguarding the assets of the charitable company and taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 2
Cheshire Reform Congregation Limited Company limited by guarantee In so far as the Directors are aware: the Directors have taken all the steps that they ought to liave takeii to make tlieillselves aware of any relevant accounl iiifonnatioii and to establish tlie charitable company's accountants are aware of that iiifonnatioii. Small Company Exemptions These financial stateinents have been prepared in accordaiice with the provisions applicable to companie5 subject to tlie small coillpaiiies, regiine. This report was approved by the Directors on LJILtrL-. Dr Laura Cohen Chair Susan Cohen Director Page 3
Cheshire Reform Congregation Limited Company limited by guarantee Independent Examiner's report to the Trustees on the unaudited financial statements of Chesbire Reform Congregation Limited report to the c17arily trLlStees on ITtv e.xain inatioii of tlTre accoLints ot" tlie Coinpany foi. tlie vear elided ) l Marcli ?025. Responsibilities and sis of report As the charity's triistees i)f tlie Coii)paiiy {aiid Lilso its directoi's foi. the PLirposes of company laMI) yoii are I'espoiisible t-or tlie prepai'ation ot. Ilie accoiints in £1CCOI'dance ivitli tlie requirements of tlie Coinpanies Act 2006 (' tl)e ?006 Act, j. Haviiig salistied myself ilial tlie accoLlI)ts of the Companv al-e iiot I'eqLiired to be aLidited Liiidei. Parl 16 of tlie 2006 Act aiid al'e eligyjl)le tc)r iiidepeiident e.iainination. I I'epoit in respect ot my e¥¢11n iiialioii ot" youi. chai'ity's accoLlllts carried OLIt Linder tlie Charities Act 201 I, s. 145 {'tlie 201 l Acl. l. Iii cai'ryiiigJ oiit m J. exan)inalion I have followed tlie Dii'ectioii.8 (Jiveii by tlie Cliai'ity Coiiiiii ission Liiidei. s. 145(5) {b) of- tlie 201 l Act. IndepeDdent exthmiiier's statement Since the Coiiipany's gl'oss iiicoine e.xceeded .£2 f 0,000 yOLlI- e.Kaniinei' IllLlSt be a iiieiiiber of a body listed in s. 145 of ihe 201 l Act. I coiitinii that l aiii qLialitied to iiiideitak'e tlie exc11n iiiatioii bec&lLise l L?In iiielber of tlie Iiistitllte of Cliartered Accoiiiitaiits iii Eiiglciiid aiid W¢11es. Nwliicli is oiie of tlie listed bodies. I have completed Iny exaiii i1llL tioii. I coiifinii tlial Iio ITtatters have coine to Inv attentioii in connectioii Ivitli tlie exani ination giving Ine cause to believe: ( l } accountiiig I'ecords ivere not kept iii respecl of tlie Coiiipany as I'equii'ed by section 386 of tlie 9006 Act: or (2) tlie accoLlllts do iiol accord iwitli tliose records: or (J) Ilie accounts do not coinply willi tlie accoLiiiling reqLiirenienls of seclion i96 of the 2006 Acl otliei- tlian any reqLiirement tlial tlie accounts give a 'tl'L]e and fail. view which is not a Inattei. Loiisidered as part of ali indepeiideiit exain iiiaiioii- or (4) tlie accoLlllts have iioi been prepared iii accoi'dance Miitli tlie Inethods and principles of the Staleinent of Recoiiiinended Practice foi. accoLllItillLi and reportiiig by cliarilies 1c pplicaL)le lo cliai'ities prepai'iiig tlieir acLOUlIts in accoi'daiice witli tlie Fiiiaiicial Reportiiig Standard applicable iii the UIC and Repiiblic ot" Irelaiid (FRS 102). I have iio concerns and have conie across iio oilier iiiatters in coiiiieciion with tlie examiiiatioii to Kvliieli atteiition sliould be drilwll ili tliis report iii order to eiiable a pi'oper uiiderslandiiig ot. tlie accounts lo be reaclied. Naine: Andew Blaiid FCA Downham Mayer Clarke & Co Chartered Accountants 41 Greek Street Stockport Cheshire SK3 8AX !Il.r Date.. Page 4
Cheshire Reform Congregation Limited Company limited by guarantee Statement of Financial Activities for the year ended 31 March 2025 Ceneral Restricted Fund Funds Total 2025 Total 2024 Notes Incoming Resources Subscriptions including Gift Aid Donatioiis aiid Memorial Offerings Bank Interest Other Incoining Resources 334,716 9,672 2,396 15.139 46,130 380,846 20.741 30,413 6.227 8,623 15,139 382,966 45,546 7.429 40,913 Total Ineoming Resources 361,923 73,098 435,021 476,854 Resourc Expended Staff costs- Rabbi, Office & Caretaker5 Sessional fees Education and Youth Insuraiices Heat, Light and Water Repairs, Renewals aiid Maintenance Shofar Synagogue Magazine Festivals Scroll repairs Admin & IT Professional Fees Security Cost MRJ Affiliation Bank charges Bad debt charge Miscellaneous Expenses Depreciation on Fixtures and Fittings Depreciation on Building Costs regarding restricted funds 118,580 17,159 7,037 8,060 25.020 24.639 4.428 10,127 1,772 27,672 4.177 1,695 40,205 2.790 252 2,795 5,725 39,460 118,580 17,159 7.037 8,060 25,020 24,639 4,428 10,127 1,772 27.672 4,177 1,695 40.205 2.790 252 2,795 5.725 39,460 53,382 180.068 13,387 7.399 25,761 42,343 5,942 2.013 33,396 8,158 36,586 2,421 16,675 5,412 39,460 44,959 53,382 Total Resources Expended 341,593 53,382 394,975 463,980 Net Incoming Resources for the year 20.330 19,716 40,046 12,874 Net movement in Funds 20.330 19,716 40,046 12,874 Fund Balances as at l April 2024 Moveinent between Reserves ,632,137 1,155 415,522 2,047,659 (1,155} 2,034.785 Fund Balances carried forward at 31 March 2025 1,653,622 434,083 2,087,705 2,047,659 Page 5
Cheshire Reform Congregation Limited Company limited by guarantee Balance Sheet as at 31 March 2025 2025 2024 Notes Fixed assets Tangible assets Cemetery plots (Restricted) 1,346,592 87,750 1.385,672 87,750 1,434,342 1,473,422 Current assets Debtors Cash at bank and in hand 40,552 637.481 32.664 566,520 678,033 599.184 Creditors: amounts falling due within one year (24,670) (24,947) Net current assets 653,363 574,237 Total assets less eurrent liabilities 2,087.705 2,047,659 Net assets 2,087,705 2,047.659 Reserves Restricted funds General funds io li 434,083 1,653.622 415,522 1,632,137 2,087,705 2,047.659 For the financial year in question the cotnpany was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge iheir responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. Dr Laura Cohen Chair Date: Registration number 06438680 The notes on pages 7 to 12 form an integral part of these financial statements Page 6
Cheshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 Accounting policies Accounting convention These financial statements liave been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the RepLiblic of Ireland,, tlie Statemeiit of Recoinmended Practice applicable to charities preparing their accounts in accordance with the Finaiicial Reporting Standard applicable in the UK aiid Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 201 l and Companies Act 2006 Basis of Preparation The financial stateinents have be¢ii prepared on tlie historical cost basis as modified by the revaluation of certain financial assets aiid liabilities Ineasured at fair value througli income or expenditLire. 1.3. Going Concern At the time of approviiig these fiiiaiicial stateinents after reviewiiig the charity's finajicial torecasts the directors are coiifidenl that tlie charity lias adequate resources to continue in operatioiial existence for the foreseeable future and therefore coiitiiiue to adopt the going concerii basis iii prepariiig tlie accounts. Fund accounting The Charity's funds consist of four Restricted Funds and the Unrestricted Funds. The Restricted Funds are income funds which can only be applied for cliaritable purposes specified by the donor. The Unrestricted Funds are available for use at the discretion of the directors and in furtherance of the Charity's objects and funds may be designated for a specific purpose if deemed appropriate. 1.5. Incoming resources All incoining resources are included in the SOFA when the charity is entitled to the income and the direclors are virtually certaiii they will receive tlie resources and the amount can be quantified witli reasonable accuracy. iii wliich tliey are receivable. No doiiations or income are recognised until there is reasonable certainty that it will be received. Tax recoverable 011 income received is recognised in the same period that its associated income is recognised. 1.6. Expenditure Expenditure is recorded on an accruals basis as a liability 15 iiicurred. VA T is included with the item of expense to whicli it relates because it cannot be recovered. Governance costs are those costs associated with meeting constitutional and statutory requirements and iiiclude tlie indepeiident exaiiiiner's fee and cost linked to ihe strategic Inaiiagement of the charity. These costs are included in Professional Fees. 1.7. Costs Costs are allocated to categories on a basis whicli is intended to reflect the use of the resource. Page 7
Cheshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 1.8. Debtors Other debtors are recognised at the settlement amount due. 1.9. Cash at bank and in hand Cash at bank and iii hand incliides cash and any short tertn highly liquid investments with a matLirity date of less thali three months from the date of opening the account. 1.10. Creditors Creditors are recognised wherever there is a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. 1.11. DefiDed Contribution Plans Contributions to a defined contribution plan are recognised as an expense in the period to which the related service is provided. 1.12. Tangible fixed assets and depreeiation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Land and buildings Fixtures, fittings and equipment Straight line over 50 years Operating profit 2025 2024 Operating profit is stated after charging= Depreciation and other amounts written off tangible assets Depreciation - land and buildings - restricted 5,725 39,460 5,412 39,460 Employees Number of employees The average monthly numbers of employees (Including the directors) during the year were: 2025 Number 14 2024 Number 12 Employment costs 2025 2024 Wages and salaries Social security costs Pension costs 111,824 7,162 2,764 152,475 15,344 9,277 121,750 177,096 During the year no employee earned more than £60.000 per annum (2024.. one employee eamed between £70,00 - £80,000). Page 8
Cbeshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 Directors, remuneration The Directors received no remuneration or other benefits during the year. Pension eosts Contributions were inade for the highest paid ¢rnployee totalling £641 (2024: £7,396). Tangible fixed assets Land and Fixtures, buildings fittings and freehold equipment Total Cost At l April 2024 Additions 1,973,007 94,470 2,067,477 6,105 6,105 At 31 March 2025 1,973,007 100,575 2,073,582 Depreciation At l April 2024 Charge for the year 613,785 39.460 68,020 5,725 681.805 45,185 At 31 March 2025 653,245 73,745 729,990 Net book values At 31 March 2025 ,319.762 26,830 1,346,592 At 31 March 2024 1,359,222 26,450 1,385,672 Cemetery - Mill Lane, Cheadle Cemetery plot5 Total Plots at Cost At l April 2024 and 31 Marcl) 2025 87,750 87,750 Net book values At 31 Marcli 2025 87,750 87,750 All the above assets are held iii a Restricted Fund (Burial Fund). Page 9
Cheshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 COT]tinued Debtors 2025 2024 Trade debtors Income tax recoverable Prepayments and accrued income Other debtors 3,790 19,856 9,319 7,587 14,753 17,911 40,552 32,664 Of the debtors. £2,560 (2024: £474) is in respect of Restricted Flinds. Creditors: amounts falling due within one year 2025 2024 Trade Creditors Accruals and provisions Social security costs 4,415 18,348 1.907 14,631 6,392 24.670 24,947 Of the Creditors. £5,025 (2024: £3,433) is in respect of Restricted Funds Page 10
Cheshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 continued io. Restricted funds 2025 2024 Burial Scheme Fund As at l April 2024 Moveineiit iii year Reserve transfer 357,692 27,525 (1,150) 326,952 30.740 384,067 357,692 Fund 65 As at l April 2024 Movement in year 26,170 1,556 24,699 1,471 27,726 26,170 Kol Nidrei Appeal Fund As at l April 2024 Movement during the year 6,966 (4,525) 2.998 3,968 2.441 6,966 Dr Madeline Makin Memorial Education Fund As at l April 2024 Moveinent during the year 17,689 422 18,224 (535) 17,689 Communal Levy As at l April 2024 Reserve transfer Movement during tlie year {5) 5,049 (5,044 Scroll Fund As at l April 2024 Reserve transfer Movement during the year 7,000 7,000 (5,262) 1,738 7,000 Total as at 31 March 2025 434.083 415,522 Page 11
Cheshire Reform Congregation Limited Company limited by guarantee Notes to the financial statements ror the year ended 31 March 2025 continued As at 31 March 2025, £348,799 (2024: £330,731 of the cash balance shown on page 6 was held in respect of restricted funds. 11. General funds 2025 2024 As at l April 2024 ,632.137 ,661,912 Movement in year 21.485 (29.775) At 31 March 2025 1.653,622 1,632,137 12. Company limited by guarantee Cheshire Reforni Congregation Limited is a company limited by gLiarantee. incorporated under the Compantes Act 2006. Under paragraph 7 of the Company's Memorandum of Association every member of the Coinpany undertakes to contribute SLich amounts as may be required (not exceeding £1) to tlie assets of the Company if it should be wound up while he is a member or within one year after he ceased to be a member, for payment of the Coinpany's debts and liabilities contracted before he ceases to be a member, and of costs, charges and expenses of winding up, and for the adjustment of the rights of tlie contributors atnong themselves. 13. Related parties Tliere are no related pany disc105ures required (2024: none). Page 12