2022-12-31-accounts - Westminster Synagogue

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Activities	Activities
The Synagogue seeks to attain		its objectives through the provision ofthe following:
~	Regular services for the Jewish Sabbath and religious festivals. Some services may be adapted to the needs of			the
children	of members both up	to and beyond the age of Bar Mitzvah or make particular	provision for the participation	of
children ~	and parents together. Education in the beliefs and practices of the Jewish faith for children, young people and adults including those			not
ofthe Jewish faith but who wish to adopt it.
~	A vibrant cultural and social programme with an emphasis on the pastoral care ofmembers.
~	A wali stocked library	of books of Jewish interest. The books range from those	of a religious and philosophical
nature, ~	through those covering Engagement with the	Jewish history and novels. It includes a children's library of broader community including a commitment to inter faith	over 500 books. activities and the promotion	of
mutual	understanding between	peopie ofdifferent faiths and none.
Public	Benefit Provision
The Synagogue has adhered tailored according to means		to its stated policy to ensure that while setting standard where necessary and there is a particular focus on the	levels of subscription, these affordability of subscriptions	are for
younger	members. More than	10'/0 of members and independent friends receive a reduction in their subscription, which		in
some cases may reach 100'lo.

				Restricted	Unrestricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note	f.			F
Income from:
Donations and	legacies			54,219	751,459	805,678	944,980
Other trading activities					246,751	246,751	170,459
Investments					13,484	13,484	1,727
Total income				54,219	1,011,694	1.065,913	1,117,166
Expenditure on:
Raising funds					130,756	130,756	125,831
Charitable activities				64,269	794,546	858,815	808,723
Total expenditure				64,269	925,302	989,571	934,554
Net movement	in funds			{10,050)	86,392	76,342	182,612
Reconciliation	offunds:
Total funds brought		forward		652,587	1,510,358	2,162,945	1,980,333
Net movement	in funds			(10,050)	86,392	76,342	182,612
Total funds carried forward				642,537	1,596,750	2,239,287	2,162,945

							2022				2021
				Note			E				E
Fixed assets
Tangible assets						1,142,376				1,144,249
Current assets
Debtors				10	77,389				50,209
Investments				11	589,077				425,000
Cash at bank and	in hand				636,061				722,278
					1,302,527			1,197,487
Creditors: amounts	falling due within		one
year				12	(205,616)			(178,791)
Net current assets						1,096,911				1,018,696
Total assets less	current liabilities					2,239,287				2,162,945
Total net assets						2,239,287				2,162,945
Charity funds
Restricted funds				13		642,537				652,587
Unrestricted funds				13		1,596,750				1,510,358
Totalfunds						2,239,287				2,162,945
The financial	statements	were	approved	and	authorised	for	issue	by	the	Trustees	on
2W RqN ~~&~ ~~~)					and signed	on	their behalf	by.

				2022	2021
					f.
Cash flows from operating	activities
Net cash used in operating	activities			64,376	469,500
Cash flows from investing	activities
Dividends, interests and rents from investments				13,484	1,727
Net cash provided by investing activities				13,484	1,727
Change in cash and cash	equivalents	in	the year	77,860	471,227
Cash and cash equivalents	at the beginning		ofthe year	1,147,278	676,051
Cash and cash equivalents	atthe end	of	the year	1,225,138	1,147,278

			Restricted	Unrestricted	Total	Total
			funds	funds	funds	funds
			2022	2022f	2022	2021 E
Subscriptions				412,849	412,849	387,623
Tax recovered				95,236	95,236	119,605
Donations	and Sundry		41,554	235,696	277,250	303,042
Education	donations			1,458	1,458	1,746
Security				5,220	5,220	20,675
Legacies			12,665	1,000	13,665	86,119
Government		grants				26,170
Total 2022			54,219	751,459	805,678	944,980
Total2021			161,987	782,993	944,980

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		F
Fundraising		27,844	27,844	4,669
Rent, venue	hire 8 events	169,873	169,873	149,075
Sundry income		944	944	1,137
Education		44,590	44,590	8,413
Columbarium		3,500	3,500	7,165
Total 2022		246,751	246,?51	170,459
Investment	income
		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		F		F
interest received		13,484	13,484	1,727

4.	Total 2022 Investment income

				Unrestncted	Total	Total
				funds	funds	funds
				2022	2022	2021
				P
Repairs and maintenance				1,322	1,322	1,996
Insurance				15,536	15,536	13,184
Printing,	postage,	stationery	and telephone	3,755	3,755	3,907
Wages and salaries				100,835	100,835	97,814
National	insurance			9,308	9,308	8,930
				130,756	130,756	125,831

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2022	2022	2022	2021
			F	E
Direct	costs	750,376	108,439	858,815	808,723
Total	2021	704,779	103,944	808,723

						Total	Total
					Direct costs	funds	funds
					2022	2022	2021
						E	F
Staff costs					406,092	406,092	371,634
Depreciation					1,674	1,674	2,855
Fundraising,		venue 8 events		casts	79,975	79,975	58,191
Lighting, heating			and water	rates costs/(refund)	(4,339)	(4,339}	13,916
Travel and subsistence					4,662	4,662	4,576
Organist and		singers			25,025	25,025	26,555
Security					5,563	5,563	15,368
Religion school					59,737	59,737	45,526
Consultancy					17,504	17,504	5,658
Repairs and		Maintenance			42,618	42,618	45,226
insurance					15,536	15,536	13,184
Printing, postage,			stationery	and telephone	8,143	8,143	8,560
Recruitment					200	200	458
Accounting	and bookkeeping				1,433	1,433	1,254
Rent to MST					1,500	1,500	1,500
Restricted fund expenditure				(note 13)	64,269	64,269	58,468
Affiliation scheme					12,229	12,229	15,752
Training					5,024	5,024	13,639
Equipment					3,531	3,531	2,459
Total 2022					750,376	750,376	704,779

					Support	Total	Total
					costs	funds	funds
					2022	2022	2021
					E		F
	Staff costs				55,071	55,071	52,580
	Security				11,723	11,723	15,367
	Telephone	and postage			939	939	1,586
	Computer	running		and software costs	19,149	19,149	16,726
	Miscellaneous		and	other expenses	6,287	6,287	4,461
	Legal fees				2,985	2,985	1,106
	Bank charges		and	interest	3,842	3,842	2,532
	Columbarium				1,200	1,200	2,470
	Governance		costs		7,243	7,243	7,116
	Total 2022				108,439	108,439	103,944
7.	Auditors'	remuneration

Auditors' remuneration
			2022	2021
			F	E
Fees payable to the Charity's accounts	auditor for the audit of the Charity's	annual	5,675	5,675

Staff costs
					2022	2021
Wages and	salaries from unrestricted			funds	508,713	472,562
Social security costs					46,539	43,200
Contribution	to defined	contribution	pension schemes		16,054	15,196
Wages and	salaries from restricted		funds		15,250	20,996
					586,556	551,954

2022	2021
No.	No.
	13

eded f60,0	00 was:
2022	2021
No.	No,

		Freehold	Plant and
		property	machinery	Columbarium	Total
		E			E
	Cost or valuation
	At 1 January 2022	2,470,771	58,740	18,404	2,547,S15
	At 31 December 2022	2,470,771	58,740	18,404	2,547,915
	Depreciation
	At 1 January 2022	1,345,641	56,025	2,000	1,403,666
	Charge for the year		1,673	200	1,873
	At 31 December 2022	1,345,641	57,698	2,200	1,405,539
	Net book value
	At 31 December 2022	1,125,130	1,042	16,204	1,142,376
	At 31 December 2021	1,125,130	2,715	16,404	1,144,249
10.	Debtors
				2022	2021
					f.
	Due within one year
	Trade debtors			19,443	13,960
	Other debtors			1,125	1,150
	Prepayments and accrued income			56,821	35,099
				77,389	50,209
11.	Current asset investments
				2022	2021
				F	E
	Fixed term deposits			58S,077	425,000

Creditors: Am	ounts falling due within one year
		2022	2021
			E.
Trade creditors		40,967	17,176
Other taxation	and social security	18,408	16,414
Other creditors		7,998	3,957
Accruals and deferred income		138,243	141,244
		205,616	178,791

Statement offun	ds	(continued)
						Balance at
			Balance at 1			31
			January			December
			2022	Income	Expenditure	2022
				K		F
Unrestricted funds
Designated funds
Designated Building		Fund	189,917			189,917
General funds
General Funds			1,320,441	1,011,694	{925,302)	1,406,833
Restricted funds
Library Fund			1,976			1,976
Rabbi's Discretionary		Fund	12,635	1,740	(3,986)	10,389
Special Project Fund			15,396	4,440	(10,730)	9,106
Welfare Manager	Fund		45,250		(15,250)	30,000
Education Fund			48,475		(1,061)	47,414
Ottensooser Bequest			499,160	12,665	(24,420)	487,405
Scrolls Committee	Fund		5,286			5,286
Music Fund			13,487		(1,760)	11,727
Prayer Book Fund			2,455		(23)	2,432
The liana Aiexander		Fund	7,217	100	(1,140)	6,177
Welfare fund			1,250	5,274	(5,899)	625
WCLS Fund				30,000		30,000
			652,587	54,219	(64,269)	642,537
Total offunds			2,162,945	1,055,913	(989,571)	2,239,287

Statement offunds	Statement offunds	(continued)
Statement offunds		- prior year
						Balance at
			Balance at			31
			1 January			December
			2021	Income	Expenditure	2021
Unrestricted funds
Designated funds
Designated Building		Fund	189,917			189,917
General funds
General Funds			1,241,348	955,179	(876,086)	1,320,441
Restricted funds
Library Fund			1,976			1,976
Rabbi's Discretionary		Fund	15,532	1,380	(4,277)	12,635
Special Project Fund			4, 'l49	25,363	(14,116)	15,396
Welfare Manager	Fund		12,500	47,750	{15,000)	45,250
Rabbi's Transition	Fund		5,000		(5,000)
Education Fund			51,250		(2,775)	48,475
Ottensooser Bequest			425,896	86,119	(12,855)	499,160
Scrolls Committee	Fund		5,286			5,286
Music Fund			14,587		{1,100)	13,487
Prayer Book Fund			2,455			2,455
The liana Alexander		Fund	10,437	125	(3,345)	7,217
Welfare fund				1,250		1,250
			549,068	161,987	(58,468)	652,587
Total offunds			1,980,333	1,117,166	(934,554)	2,162,945

Summary	offunds - current year
					Balance at
		Balance at 1			31
		January			December
		2022	Income	Expenditure	2022
		l:
Designated	funds	189,917			189,917
General funds		1,320,441	1,011,694	(925,302)	1,406,833
Restricted	funds	652,587	54,219	(64,269)	642,537
		2,162,945	1,065,913	(989,571)	2,239,287
Summary	offunds - prior year
					Balance at
		Balance at			31
		1 January			December
		2021	Income	Expenditure	2021
		E
Designated	funds	189,917			189,917
General funds		1,241,348	955,179	(876,086)	1,320,441
Restricted	funds	549,068	161,987	(58,468)	652,587
		1,980,333	1,117,166	(934,554)	2,162,945

Analysis	of net assets between funds - curre	nt year
		Restricted	Unrestricted	Total
		funds	funds	funds
		2022	2022	2022
			f.
Tangible	fixed assets		1,142,376	1,142,376
Current	assets	642,53?	659,990	1,302,527
Creditors	due within one year		(205,616)	(205,616)
Total		642,537	1,596,750	2,239,287

Analysis	ofn	et assets between funds - prior	year
			Restricted	Unrestricted	Total
			funds	funds	funds
			2021	2021f	2021
Tangible	fixed	assets		1,144,249	1,144,249
Current	assets		652,587	544,900	1,197,487
Creditors	due	within one year		(178,791)	(178,791}
			652,587	1,510,358	2,162,945

16.	Reconciliation ofn	e	t movement	in funds to net cash flow from op	erating activities
					2022	2021
					E	F
	Net income for the year		{asper Statement ofFinancial Activities)		76,342	182,612
	Adjustments for:
	Depreciation charges				1,873	3,255
	Dividends, interests	and rents from		investments	(13,484)	(1,727)
	Decreasei(increase)		in debtors		(27,180)	274,668
	Increase in creditors				26,825	11,037
	Net cash provided	by operating		activities	64,376	469,845
17.	Analysis ofcash and cash equivalents
					2022 f	2021
	Cash in hand				636,061	722,278
	Notice deposits				589,077	425,000

				At 31
		At 1 January		December
		2022	Cash flows E	2022f
		f.
Cash at	bank and in hand	722,278	(86,217)	636,061
Current	investments	425,000	164,077	589,077
		1,147,278	77,860	1,225,138