Company number: 06749181 Charity number: 1127317 Sh41 Sheffield and District Reform Jewish Congregation (Trading as 7 Hills Shul) Annual Report and Unaudited Financial Statements for the year ended 31 March 2025
Sheffield and Distrirt Reform Jewish Q>ngregation Contents Page Legal and administrative information Directors, ITrustees'l annual report Independent examinerfs report Statement of financial activities Balance Sheet Notes to the financial statements 10-16
Sheffleld and Distrirt Reform Jewlsh Congregation Legal and administrative information forthe year ended 31 March 2025 Other names 7 Hills Shul Working name Dirertors Jane Ginsborg Sara Mcconnell Kenneth Okafor Julia Western-Pick Tony Kay Patsy Cunningham David Hayes Penny Kay Christopher Shilling Chair Honorary Treasurer Iposition held from 14107120241 Resigned 1410712024 Honorary Secretary Honorary Treasurer Iresigned from position 14/07120241 Registered offlce The Circle 33 Rockingham Lane Sheffield 514FW Company Number 06749181 Charity number 1127317 Accountant5 Seven Hills Accountants Limited 57 Burton Street Sheffield 56 2HH
Sheffleld and Distrirt Reform Jewlsh Congregation Dirertors. annual report forthe year ended 31 March 2025 The trustees are pleased to present their annual directors, report together with the financial statements of the charity for the year ended 31 March 2025 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2(X)6, the Memorandum and Articles of Association, and the charities Statement of Recommended Practice lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland,. FRS 1021 issued in October 2019. Charitable objects The objects of the charity, as set out in its governing document, are.. The Charity is o body of people, professAng the Jewish faith, formed with the objects of providing facilities for public worship, of undertaking religious, cultural, educational tJnd charitoble activities, ond of promoting and advancing understanding between communities. Governing Document, History and Incorporation Sheffield and District Reform Jewish Congregation is a Company Limited by Guarantee and a Registered Charity. It is governed by its Memorandum and Articles of Association. The Congregation was originally formed in 1989 as an unincorporated charity Icharity number 10048531. A Special General Meeting on 24 June 2(K)8 decided to set up this Charitable Company, and transfer to it the assets and liabilities of the unincorporated charity. This Charitable Company was registered with Companies House on 14th November 2008 and with the Charity Commission on 30 December 2008, with the same Trustees as the unincorporated charity. The affairs of the Congregation effectively transferred from the unincorporated charity to this Charitable Company on l April 2009. Since late 2019, the Congregation has adopted an alternative name/branding and1080 for most of its communications with members and the public - '7 Hills Shul" however the official companylcharity name remains unchanged. Appolntment of Trustees. The trustees who have served during the year are set out on page l. The trustees are elected annually by the members of the charity. The Chair, Honorary Secretary and Honorary Treasurer may serve for an initial period of three years. If no suitable candidates are available a further three year term may be served.
Sheffleld and Distrirt Reform Jewlsh Congregation Dirertors. annual report forthe year ended 31 March 2025 Summary of the main activities undertaken for public benefit In pursuit of our charitable objects for the public benefit, we have undertaken the following activities.. Religious services (including usually three Sabbath services per month plus services and activities to mark the major festivals such as Passover, Rosh Hashanah, and Yom Kippurl Ceremonies and services to mark major life events such funerals and conversion Educational activities for adults and children Cultural events such as our book club and Rosh Chodesh Inew moonl group Meetings which brought faith communities together for mutual understanding and benefit, so challenging racism and extremism Talks and presentations to non-jewish groups (such as schools, churches and a community centrel to increase their understanding of Judaism and so promote community cohesion Encouraged charitable giving to other charities such as throuEh our High Holy Day appeal. All our activities are open to members and non-members including Jews, those of other faiths, and those of no faith. Our activities helped our members to meet their spiritual needs and provided a way for them to live according to their traditions. Educational and cultural programmes improved knowledge and understanding of these traditions and of our rich history and heritage. Together these activities helped to sustain a sense of community, and responsibility for the wider community. Our Congregation aimed to provide practical as well as spiritual support, such as support to bereaved families, and played its part in the life of the city, working with other faith and non-faith communities for the material andlor moral good of the community as a whole. Our activities were advertised not only to members but to a wider circle which included both Jews and non-jews. Our website and Facebook page helped to inform the wider public of our work. We sought to welcome and include people of different backgrounds and religious practice. Although we do not proselytise, we have provided support to those who have approached us wishing to convert to Judaism. We welcomed non-members to our activities, and encouraged membership as associates for those who were not Jewish. To help those who might be strugglinE financially, we set our annual membership contributions on a sliding scale which members could adjust to suit their individual circumstances. No financial contribution was required to attend services. We asked for financial contributions to cover the costs of running some events and activities but advertised these as flexible to accommodate people on low incomes. Additionally, we publicised the availability of our discretionary fund to help those in need of further financial assistance to attend events. When planning and undertaking activities, we ensured that these were to further our charitable purposes as a religious organisation for the public benefit. Staff and Premises DurinE the financial period the ConEreEation employed one community development worker. The Congregation owns no premises but rents space for its activities.
Sheffleld and Distrirt Reform Jewlsh Congregation Dirertors. annual report forthe year ended 31 March 2025 Round-up of Activlties for the Year Ended 31 March 2025 This has been a busy year, with many of our events and activities (other than services) being organised and run by our Community Development Worker, Maya. We have continued to hold regular Friday night and Saturday morning services, including ones on Zoom. We have also joined with other synagogues within the Northern Network to provide monthly streamed or Zoom services, with each synagogue takinB It in turn to host members from other synagogues. We have also continued our regular events such as the fortnightly community coffee hour, providing support to the more socially isolated,. monthly Rosh Chodesh meetings for those who identify as female or non-binary, and book-group meetings. This year we held our first self-catered Communal Seder as the cost of hiring a caterer was becoming unsustainable. We requested financial contributions to take part in this event, with a discount available to those who were able to help in some way, and financial support as needed from our discretionary fund. Thankfully many people volunteered to make this a success, and it was decided we would self-cater again the following year. The High Holy Day services were also different this year as we welcomed Rabbi Daniel Fink who was visiting the UK from the USA and offered to take our services and study sessions. We were indeed very fortunate to have him as our guest over the High Holy Days. We continue to benefit from having Rabbi Kate Briggs in Sheffield. She has been very supportive of potential converts (sponsoring them, finding them conversion courses and Hebrew classes, and helping them through the Beth Din). She has also provided us with Rabbinical guidance and led services and celebrations durin8 the year, including Shavuot, welcoming new members into the community after their visit to the Beth Din, and marking the anniversary of the Hamas attacks on 7 October 2023. We have marked some Shabbats and festivals with learning and socialising, and have invited guests to lead events and celebrations. We have also been fortunate to have been able to welcome talented musicians to some of our events. We have continued to reach out to other faith and non-faith groups to support them and encourage our own members to enBage with them, and we have parhcipated in events to help promote understanding of judaism. Two of us contributed to civic Holocaust Memorial Day events in January, in Barnsley and Sheffield respectively. Patsy continued her role as the Reform Jewish Chaplain at the University of Sheffield. as well as fullilling multiple roles in interfaith groups in Sheffield. Many members are also active in Friends of Standing Together UK, promoting understanding and reconciliation between Jews and others in the UK and Israel. Sadly, Ranmoor now has other regular bookings on Saturday mornings, which limits the space available to us. This may mean we need to hire alternative land likely more expensivel venues for special events in future.
Sheffleld and Distrirt Reform Jewlsh Congregation Dirertors. annual report forthe year ended 31 March 2025 Round-up of Activlties for the Year Ended 31 March 2025 Icontlnuedl At our AGM we agreed to extend our CDW Maya's contract to l November 2025. However, it is clear that employing a CDW depletes our reserves. The committee had sought to obtain the agreement of members to charge specified fees to non-members who attend events and take part in activities other than services but, as there was no consensus on this, the committee is considering this option for those events with high running costs. After the AGM the chair wrote to members to seek additional donations and legacies to help fund the employment of our COW, with some success. Currently very few of the donors have committed to making lae donations annually, however, so the deficit when employing a CDW continues to be of concern. Additionally, our services and events continue to be run (with the exception of Maya) by a handful of unpaid volunteers. Sadly, we seem unable to increase this pool of volunteers. In the absence of a CDW in future, our small pool of volunteers are unlikely to be able to continue to plan and run the number and frequency of events we currently hold. As Maya's contract finishes in November 2025 the committee and membership will have to consider again whether to continue to employ a CDW despite the cost. Financial review Result for the period The charitable company made a gain of £1,497 before net gains on investments 12024.. deficit of £8,226 before net Bains on investments). Reserves policy Free reserves held at 31 March 2025 lunrestricted funds excluding fixed assets) were £5,39212024: £7,668). The committee consider that the free reserves required by the charity are approximately £10,000, to cover any unforeseen expenditure. The charity is currently under this level however the Directors, consider that this is acceptable as the expendable endowment can be used to support the charitable aims of the or8anisation. Endowment funds totalling £148,62612024: £146,768) were held as Blackrock and Current Assets. They provide income to support the charity and can cover expenses where necessary.
Sheffleld and Distrirt Reform Jewlsh Congregation Dirertors. annual report forthe year ended 31 March 2025 Trustees, responsibilities in relation to the financial statements The charity trustees (who are also the directors of the charity for the purposes of company lawl are responsible for preparing a Directors, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting policies and then apply them consistently,. Observe the methods and principles in the Charities SORP; Make judgements and estimates that are reasonable and prudent,. State whether applicable UK accounting standards have been followed, subject to any material 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 charity will continue in business. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irreEularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance with legislation in the United Kingdom Eoverning the preparation and dissemination of financial statements. Small company provisions This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. The trustees declare that they have approved the trustees, report above on 06 Jul 2025 Signed on behalf of the trustees= Tony Kay Trustee
Independent examinerfs report to the trustees of Sheffleld and Dlstrlct Reform Jewlsh Congregation 1.the CompanW'} I report to the charity directors on my examination of the accounts of the Company for the year ended 31 March 2025. Responsibilities and basis of report As the directors of the Company you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2CM)61'the 2006 Act'l. 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 company's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examinerfs 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.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or 2. the accounts do not accord with those records,. or 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 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 organisations preparinE their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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. Signed-. Susan Cochrane, FCA, DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH 07 Jul 2025 Date:
Sheffield and District Reform Jewish Congregation Statement of Flnanclal Actlvltles Ilncorporatlng an Income and expendlture statement) for the year ended 31 March 2025 Unrestricted fund5 Restricted Endowment funds funds Total 2025 Total 2024 Notes Income from: Grants and donations Charitable activities Investments Other 19,882 2,959 5,717 1,084 3,923 23,805 2,959 5,717 4,084 14,667 5,326 3,977 45 3,000 Total income 29,642 6,923 36.565 24,015 Expenditure on: Charitable activities 32,141 2,927 35,068 32,241 Total expenditu 32,141 2,927 35.068 32,241 Net expendlture before galnslllossesl on Investments 12.4991 3,996 1.497 18,2261 Net gainslllossesl on investments 1,858 1,858 1,335 Net income/lexpenditurel 12.4991 3,996 1.858 3,355 16,8911 Transfers between fund5 14 Total funds brought forward 37,756 526 146,768 185,050 191,941 Total funds carried fOnard 35,257 4,522 148,626 188,405 185,050 The statement of financial activities includes all gains and losses recognised in the year.
Sheffield and District Reform Jewish Congregation Company number: 06749181 Balance Sheet a5 at 31 March 2025 Notes 2025 2024 Fixed Assets Tangible Assets Investments 29,865 83,276 113.141 30,088 81,418 111,506 io Current assets Debtors C35h at bank and in hand Total current 355ets li 12 6.333 71,930 78.263 4,530 71,111 75,641 Creditors.. amount5 falling due within one year 13 12,9991 12,0971 Net Current assets 75,264 73,544 Total assets less current Ilabllltles 188.405 185,050 Creditors.. amounts falling due after more than one year Total net assets 188,405 185,050 Funds of the Charity Restricted funds Unrestricted funds Endowment funds 14 4,522 35,257 148,626 526 37,756 146,768 15 Total funds 16 188,405 185,050 For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to Small companie5. The mernbers have not required the cornpany to obtain an audit in accordance with section 476 of the Cornpanies Act 2006. The director's acknowledge their responsibilities 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 small companie5, regime and in accordance with FRS102 SORP 06 Jul 2025 The financial statements were approved and authorised for issue by the 8oard on and signed on their behalf bv.. Tony Kay Director
Sheffield and Di5trirt Reform Jewish Congregation Noies io the Accounts for the year ended 31 March 2025 l Accountlng Pollcles lal General Sheffield and District Reform jewish Conere8ation is a charitable company in the United Kinedom limited by 8uarantee. In the event that the charity is wound up, the liability in respect of the Euarantee Is limited to £1 per member of the charity- The 3ddress of the registered office is given in the charity information on page l of these financial statements. The nature of the charitY'5 operation5 and principal activities as a body of people. professinE the Jewish faith, to provide facilities for public worship. undertakinE religious, cultural, educational and charitable artivities and the promotion and adv3ncement of understanding between communities. The finaniial Statements have been prepared in accordance with Accounting and Reporting by Charities.. Staternent of Recomrnended Practice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021issued on 16 July 20141 as updated through Upd3te Bulletinl published on 2 February 20161, the Financial Reportin8 Standard applicable in the United Kin8dom and Republic of Ireland l FRS1021, the Charities Att 2011, the Companies Act 2006 3nd UK Generally Accepted Accounting Practice. The fin8nci41 statements have adopted Ch8rities SORP IFRS1021 Bulletin 1 3nd taken advantage of the exemption to the prepare a Statement of Cash Flow5. Sheffield and District Reform Jewish Con8regation meet5 the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention. The financial statements are presented In sterling which is the funttional currency of the charity 3nd are rounded to the nearest £. Ibl Incorne Income is recoEnised when the charity has entitlement to the funds. any performance conditions attached to the Itemlsl of income have been met, it is probable thatthe incorne will be received and the arnount can be measured reliably. 5Jbscrlptions are accounted for in the year they are due. Investment Income is Included when receivable. Icl Expenditure Expenditure is recognised once there is a le8al or construttive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be rneasured reliably. Irrecoverable VAT is th3rged 35 a tost against the attivity forwhich the expenditure w35 incurrèd. Idl Tanglble flxed assets and depredatlon All items of capital experiditure below £200 are written off as incurred. Scrolls and other ritual items arè held at cost and not depreciated, as their value does not diminish over time. An impairment review is undertaken annually to ensure the carrying 3mount of the 4s5ets does not exceed its recoverable ?mount. Depreciation ha5 been calculated to write down the c05t or valuation, le55 estimated residual value, of 311 tèn¥ible fixed 355ets over their Book5 3nd equipment.. written off over 10 years lel Nxed asset Investments Investmerits are a form of basic financial instrurnent and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net g3ins and losse5 arising on revaluation and disposals throughout the year. lfj Realised galt)s at)d losses All 8ain5 and1055es are taken to the Statement of Financial Activities 35 they arise. Reali5ed gains and1055es on inve5tment5 are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired sJbseqJent to the first day of the fin3ncial year. Unrealised g3ins and losses are c31culated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment 8ains and losses are combined in the Statement of Financial Activities. Igl Fund accounting Unrestricted funds are don3tions and other income receivable or gener3ted for the objects of the organisation without fvrther Specified purpose and are available as general funds. Endowment funds are capital gifts given by donors. The trustees have the power to convert the capital to Income In an expendable endowment fund. 10
Sheffield and Di5trirt Reform Jewish Congregation Noies io the Accounts- contlnued for the year ended 31 March 2025 Ihl Trade debtors Trade debtor5 are amounts due from customets for5Èrvites performed in the ordinary toutse of bu5ine55. Trade debtors are reco8nised initially at the transaction price. They ère subsequently measured at amortised cost usin8 the effective Interest method. less provision for impairment. A provision for the Impairment of trade debtors is estab115hed when there Is objective evidence that the company will not be able to collert 311 amounts due accordin8 tothe original term5 of receivable5. lil Trade creditors Trade creditor5 are obligation5 to pay for goods or serviies that have been acquired in the ordinary course of bu5ine55 frorn supplier5. Accounts payable are classified as current liabilities if the company does not have an unconditional right. at the end of the reporting period, to defer settlement of the creditorfor at least twelve months afterthe reporting date. If there is an unconditional right to defer settlement forat least twelve months after the reportin8 date, they are presented as non-current liabilities. 01 Cash and tash equlvalents C35h and cash equiv31ents comprise cash on hand and call deposits, and other short-term hi8hly liquid investments that are readily convertible to a known amount of cash and are subject to an insi8nificant risk of chan8e in value. Ikl Taxatlon The Charity 15 exempt from tax on income and gains falling withing the available tsx exemption5 to the extent that these 3re applied to its tharitable objects. No tax charges have arisèn in thÉ Charity. 111 GoinE conttrn The financial Statements have been prepared on È going concern basis as the tru5tee5 believe that no tnaterial uncertaintie5 exist. The trustees h3ve considered the level of funds held and the expected level of income and eypenditure for 12 months from authorising these financial statement5. The budgeted incorne and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. 2 Incorne from grants and donation5 Unrestrlued RerIcted Total Total funds funds 2025 2024 Shoresh Charitable Trust subscriptions Tax repayment re 8ift aid Appe815 Other donations 3,000 3.000 8,813 1,962 923 9,107 23.805 8,813 1,962 11,933 923 1,332 1,402 14,667 9,107 19.882 3.923 Appea15 2025 2024 The High Holy Day r8ised the following 3mount5'. MJMS United Save a Child's Heart Archer project Hias and Jcore Discretionaryfund 397 387 346 281 296 923 548 1,332 3 Incorne from tharitable actie5 Unrestrlued funds RerIcted funds Total 2025 Total 2024 Functions Voluntary Contribution to Board of Deputies of British Jews Sale of Prayer Book5 2,121 440 398 2.959 2,121 440 398 2.959 3,256 180 1,890 5,326 11
Sheffield and Di5trirt Reform Jewish Congregation Notes to the Accounts- contlnued for the year ended 31 Marth 2025 4 Expenditure on CharitableArtivities Unrestrlrted fund5 Reritted funds Total 2025 Total 2024 Note larie5 3nd wages Funttions Room Hire 12,997 2,388 4,464 108 3,744 1,977 360 665 319 340 156 156 1,177 178 16 1,723 409 741 223 12,997 2,388 4,464 2.408 3,744 1,977 360 665 319 340 156 156 1,177 178 643 1,723 409 741 223 12,388 5,095 3,928 Music Jewish Joint Burial Society Insurance Fees to Movement for Reform JJdiasm Board of Deputie5 of British Jews Stsff expenses Administratlon Accountancy fee5 Postage and stationery 2.300 884 1,584 2,413 180 502 318 480 279 954 240 1,039 1,458 251 Gardening Donations Rabbincal costs Other costs Independent examiners fee Depreciation of books and equiprnent 627 248 5 Salaries and wages Total 2025 Total 2024 lèries Ernployer's National Insurance contributions Employer's allowance Etnployer's pÈn5ion contributions 12,800 511 15111 197 12.997 12,206 443 14431 182 12,288 There was one employee during the year12024-. one employee for full yearl. No employee receives emoluments in excess of £60,000. 6 Jewish Joint Burial Society 2025 2024 5Jbscrlption to the JewSsh joint Burial 5oclety 3,744 Claim5tot3lling fnil were rnade to and settled by the Jewish Joint Burial Society thi5 year12024.. £9721 7 Trustee and related party transactions Trustee5 received no remuneration in the year. Trustees donated £9,062 in sub5cription5 and donation5 lincludingvoluntary donation5 to the Board of Deputie51 during the year 12024'.£1,7861. There were no other related p8rty transactions duringthe year. 12
Sheffield and Di5trirt Reform Jewish Conire%ation Notes to the Accounts- continued for the year ended 31 March 2025 8 Net gainslllosse51 gains on investments Endowment funds Totsl 2025 Total 2024 Unrealised Eains/llossesl on Investments 1,858 1,858 1,335 1,858 1,858 1,335 g Tangible Fixed A55et5 Books and e4uipment Scrolls objects Total Cost or Valuailon As at l April 2024 Additions As at 31 March 2025 20,977 8,661 2,341 31,979 20,977 8,661 2,341 31,979 Depreciation As at l April 2024 Charge this period As at 31 March 2025 1,891 223 2,114 1,891 223 2,114 Net Book Value As at 31 March 2025 20,977 8,661 227 29,865 As at 31 M8rch 2024 20,977 8,661 450 30,088 10 Fixed asset investments 2025 2024 Movement in fixed a55et listed investment5 Market value b/fwd at l April 2024 81,418 1,858 80,083 1,335 Market value as at 31 March 2025 83,276 81,418 Investments at fair value comprised.. 2025 2024 BLK Ch3rities UK Bond Fund A Inc BLK Charities UK Equity Fund A Inc 21,911 61,365 22,412 59,006 83.276 81,418 13
Sheffield and Di5trirt Reform Jewish Congregation Noies io the Accounts- contlnued for the year ended 31 March 2025 11 Debtors 2025 2024 Insurance prepayment Room hire & functions- prepaid Gift Aid Other 1,451 1,420 3,362 loo 1,338 1,180 1,400 612 6.331 4,530 12 Cash at Bank and in hand 2025 2024 Current accounts Deposit account saver account 6,596 59,111 6,223 5,075 60,000 6,036 13 Credltors.. amounts falllng due wlthln oneyear 2025 2024 Income received in ?dv?nce Accrua15 669 2,330 72 2,025 2,999 2,097 14 Re5trirted fvnds Balan at l-Apr-24 Balance at 31-Mar-25 lrtcome Expenditure Transfers High Holy Day Appeals Shoresh Charitable Trust Music Archive Event 526 923 3,000 3,000 16271 822 3,000 700 12,3001 526 6,923 12,9271 4,522 High Holy Day Appeals- appe315 made for specific charities each year. 5horesh Charitable Trust- fundin8 received to contribute towards the Communiy Development worker. Music Archive Event- funding received from the University of Sheffield to contribute towards a musical archive event. Prioryear Bulonce at I-Aptr-23 Bolance ot 31-Mcr-24 Intome Expenditure Tronsft High Holy Day rJppeÉTI 122 1,332 19541 26 526 122 1,332 1954) 26 526 14
Sheffield and Di5trirt Reform Jewish Congregation Noies io the Accounts- contlnued for the year ended 31 March 2025 15 Endowrnentéund5 Gains055e5 on Balance at l-Apr-24 Net Balance 3t 31-Mar-25 Income revaluatlon Proceeds of sale of propertv 146,768 1,858 148,626 146.768 1.858 148.626 A property was donated to the congre8ation by one of it5 member. The property was 501d and the proceeds invested. Trustee5 of the congregation have, over time consistently treated this donation as an endowment fund, with the intention of maintaining the capital so as to provide the congregation with 3 source of income, for educational and other activitie5. However this is at the discretion of the trustees and the funds can be considered to be an expendable endowment. Prioryeur Gulns/losses on 8olttnce ot l-Apr-23 8ttlttn£e at 31-Mcr-24 Income revoluotion Proceeds ofsttleofpropertv 1415,433 1,335 1416,768 145,433 1,335 146,768 16 Net assets by fund RerIcted funds U1)rerIcted funds Endowment funds Total Tangible assets Investments 29,865 29,865 83,276 75,264 83,276 65,350 Net current a55et5 4,522 5,392 4,522 35,257 148,626 188,405 Netossets byfund- Prior yeuT Restricted funds Unrestricted funds EndowFnent funds Totci Tangible assets Investrnent5 Metcurrent ossets 30,088 30,088 81,418 73,544 81,418 65,350 526 7,668 526 37.756 146.768 185,050 15
Sheffield and Di5trirt Reform Jewish Congregation Noies io the Accounts- contlnued for the year ended 31 March 2025 17 Statement of Financial Artivities- including previous year fvnd analy515 2025 Restrlcted fund5 2024 Restrictèd funds Unrestrltted funds Endowment fund5 Unrestricted funds Endovment fund5 Income from: Donations 19A82 2.959 5.717 1,084 3,923 13,335 5,326 3,977 45 1,332 Investments Other Total income 29,642 6,923 22.683 1,332 Expenditure on.. Charitable Attivitles 3Z,141 2,927 31,287 954 Total expenditure 32,141 2,927 31,287 954 Net expenditure before Eainslllossesl on investments 12,4991 3,996 18,6041 378 Net gain5111055e51 gains on investment5 1.858 1,335 Incomellexpenditurel 12,4991 3,996 1,858 18,6041 378 1,335 Transfers between funds 1261 26 Total lunds brought forward 37,756 526 146,768 46,386 122 145,433 Total funds carried forward 35,257 4,522 148,626 37,756 526 146,768 16