Charity number 1136024
Manchester and District Council of Synagogues
Unaudited Financial Statements
31 December 2022
Manchester and District Council of Synagogues Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Trustees' report | 2 - 3 |
| Independent examiner's report | 4 |
| Statement of Financial Activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 - 12 |
Manchester and District Council of Synagogues Legal and administrative Information
Trustees
Mr H Gordon (Chairman) Mr M G Simon Mr P Langer (Treasurer)
Reporting Accountants
Whiteside and Davies Accountants Chartered Certified Accountants 158 Cromwell Road Salford M6 6DE
Bankers
Barclays Bank Gateway Office Salford Quays Manchester M5 2YH
Correspondence address
58 Cavendish Road Salford Manchester M7 4NQ
1
MANCHESTER & DISTRICT COUNCIL OF SYNAGOGUES REPORT OF THE TRUSTEES AND EXECUTIVE REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees present their report and accounts for the year ended 31 December 2022.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts.
Structure, governance and management
The Trustees during the year were as follows:-
H. Gordon M. G. Simon P Langer
The Executive Officers during the year were as follows:-
Chairman H. Gordon Treasurer P. Langer Secretary H Kaye
The Trustees and Executives are elected from year to year by the Delegates in the Annual General Meeting.
All Trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Constitution, Objectives and Activities
Manchester & District Council of Synagogues is constituted by Deed of Trust and was registered with the Charity Commissioners under charity number 1136024 on 19 May 2010.
The principle objects of the Council are to advance the Jewish religion by promoting the teaching and practice of the rights and rituals of the Orthodox Jewish faith, particularly in respect of the period immediately prior to, during and after death including the arrangement of funerals for the Jewish community in the Greater Manchester area, the co-ordination between synagogues and Burial Boards and the maintenance and improvement of Jewish cemeteries in the region.
In pursuit of these Objects, the Council operates the burial service for most of the Orthodox Jewish Community in the region as well as the Scan Levy Scheme and co-ordinates and contributes to the maintenance and improvement of the Jewish cemeteries. Whilst the Council is only a co-ordinating body for all the representative synagogues, the financial responsibility of burying the dead and maintaining the cemeteries actually lies with the relevant Burial Boards. The Council operates on a not for profit basis.
The trustees confirm that they have referred to the information contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and services.
Risk Management
The board of Trustees recognises its ultimate responsibility for risk management. On a day to day basis, this duty is discharged by the members of the Executive Committee.
There are meetings between the Trustees and the Executive. Through this process, all substantial risks are brought to the Trustees’ attention, and considered by them in priority order. The Trustees and the Executive continue to monitor the effectiveness of existing systems to mitigate those risks.
2
MANCHESTER & DISTRICT COUNCIL OF SYNAGOGUES REPORT OF THE TRUSTEES AND EXECUTIVE REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022
Operational Performance
The Council provides all its services on a non-profit making basis whilst ensuring that the reserves are always sufficient to enable it to carry out its wide-ranging activities and to meet every foreseeable need. The attached financial statements show that the Council produced a deficit of £47,063 as compared to a deficit of £20,602 in 2021.
In the year, the council arranged 156 funerals (2021: 148) and of these 20 funerals (2021: 16) were funded by the charity.
Reserves Policy
The Trustees assess the risks to which the Council could be exposed and the appropriate level of reserves that we should maintain. The actual level of reserves is regularly reviewed and, if the level looked likely to move significantly outside the target range, we would take actions to bring reserves back in line with the target. The charity is currently holding total reserves of £33,555 which the trustees consider to be adequate to cover approximately 4½ months of outgoing resources of the charity.
Statement of Trustees' Responsibilities
They are responsible for preparing the Report Of The Trustees And Executive Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these accounts, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board of trustees
H. Gordon Trustee Dated: 15 April 2023
3
Manchester and District Council of Synagogues
Independent examiner's report to the trustees of "Manchester and District Council of synagogues
I report to the trustees on my examination of the financial statements of Manchester and District of Synagogues for the year ended 31 December 2022 which are set out on pages 7 to 12.
Respective responsibilities of trustees and examiner
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's 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 that in any material respect:
- 1) accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act
or
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2) the financial statements do not accord with those records; or
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3) the financial statements 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
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4) the financial statements 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
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 financial statements to be reached.
I Graff FCCA Whiteside and Davies Accountants Chartered Certified Accountants and Registered Auditors
158 Cromwell Road Salford M6 6DE
15 April 2023
4
Manchester and District Council of Synagogues STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31 December 2022
SUMMARY INCOME AND EXPENDITURE ACCOUNT
| Notes INCOMING RESOURCES Scan Levy Funeral charges Donation other income Total income 1 RESOURCES EXPENDED Cost of generating funds: Direct charitable expenditure 11 Charitable expenditure: Governance costs 12 Total expenditure deficit before revaluation gains Movement in fund for the year NET DEFICIT/ SURPLUS FOR THE YEAR 8 Total funds: Brought forward 8 Carried forward 8 |
Total 2022 £ 4,683 130,150 - - 134,833 174,897 7,000 181,897 (47,064) - (47,064) 80,619 33,555 |
Unrestricted funds 2022 £ 4,683 130,150 - - 134,833 174,897 7,000 181,897 (47,064) (47,064) 80,619 33,555 |
Designated funds 2022 £ - - - - - - - - - |
Total 2021 £ 11,255 141,881 - 30 153,166 167,054 6,714 173,768 (20,602) - (20,602) 101,221 80,619 |
|---|---|---|---|---|
Continuing operations
None of the charity's activities were acquired or discontinued during the above two financial years.
Statement of total recognised gains and losses
The charity has no recognised gains or losses other than the result for the above two financial years.
The accompanying accounting policies and notes form an integral part of these accounts.
5
Manchester and District Council of Synagogues Balance Sheet as at 31 December 2022
| Notes Fixed assets Tangible assets Current assets Stocks 4 Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Net assets Funds: Unrestricted funds 8 |
2022 £ 3,752 1,575 18,347 11,501 31,423 (1,620) 29,803 33,555 33,555 33,555 |
2021 £ 2 1,575 15,945 64,447 81,967 (1,350) 80,617 80,619 80,619 80,619 |
|---|---|---|
H Gordon Trustee Approved by the Trustees' on 15 April 2023
The accompanying accounting policies and notes form an integral part of these accounts.
6
Manchester and District Council of Synagogues Notes to the Accounts for the year ended 31 December 2022
1 Accounting policies
Basis of preparation of accounts
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
The charity has taken advantage of exemption in Financial Reporting Standard No 1 from the requirement to produce a cashflow statement on the grounds that it qualifies as a small charity.
Depreciation
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 6 - 7 years
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.
Incoming resources from charitable trading activity are accounted for when earned.
Incoming resources from grants, where related to performance and specific deliverables are accounted for as the charity earns the right to consideration by its performance.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Income consists of voluntary income and donations, fees generated from its charitable activities,.
7
Manchester and District Council of Synagogues Notes to the Accounts for the year ended 31 December 2022
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
Costs of generating funds (when incurred) comprise the costs associated with attracting voluntary income.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management of the charity.
All overhead and support costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis as set out in note 11.
Resources expended have been included in the Statement of Financial Activities on an accruals basis, inclusive of VAT which cannot be recovered.
There were no material fundraising costs during the year.
Funds
Designated funds are part of the mainstream unrestricted reserves which the Trustees have designated for a specific purpose, but are in fact used for their designated purpose at the discretion of trustees and are free to be returned to the main fund at any time.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Other information
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 58 Cavendish Road Salford M7 4NQ.
2
| Deficit for the year This is stated after charging: Independent examiners fee |
2022 £ 1,620 |
2021 £ 1,350 |
|---|---|---|
8
Manchester and District Council of Synagogues
Notes to the Accounts
for the year ended 31 December 2022
| 3 Staff costs Salary |
2022 £ 4,500 4,500 |
2021 £ 4,500 4,500 |
|---|---|---|
9
Manchester and District Council of Synagogues Notes to the Accounts
for the year ended 31 December 2022
| 4 Stocks 2022 £ Stock of Shrouds 1,575 5 Debtors 2022 £ Trade debtors 17,600 Other debtors - Prepayments and accrued income 147 17,747 6 Creditors: amounts falling due within one year 2022 £ Other creditors 1,620 The difference between purchase price and their replacement cost is not material. |
2021 £ 1,575 2021 £ 15,800 145 15,945 2021 £ 1,350 |
|---|---|
10
Manchester and District Council of Synagogues Notes to the Accounts for the year ended 31 December 2022
7 Share capital
The company is limited by guarantee and has no share capital.
| 8 Funds: At 1 January Net income/(deficit) for the year At 31 December |
Total 2022 £ 80,619 (47,064) 33,555 |
Unrestricted 2022 £ 80,619 (47,064) 33,555 |
Designated 2022 £ - - - |
Total 2021 £ 101,221 (20,602) 80,619 |
|---|---|---|---|---|
Analysis of net assets
| Tangible assets Debtors Stock Cash at bank Other creditors |
Total funds 2022 £ 3,752 18,347 1,575 11,501 (1,620) 33,555 |
Unrestricted funds 2022 £ 3,752 18,347 1,575 11,501 (1,620) 33,555 |
Total funds 2021 £ 2 15,945 1,575 64,447 (1,350) 80,619 |
|---|---|---|---|
11
Manchester and District Council of Synagogues Notes to accounts for the year ended 31 December 2022
| 11 Cost of generating funds - direct charitable expenditure Carriages,Coffins Shrouds Scan Charges Tahara requisites and laundry event re seuda Repairs, renovations and maintenance Support costs (note 13) |
Total 2022 £ 146,865 9,750 13,256 2,100 165 2,761 174,897 |
Unrestricted funds 2022 £ 146,865 9,750 13,256 2,100 165 2,761 174,897 |
Designated funds 2022 £ - - - - - |
Total 2021 £ 142,029 5,950 14,066 - 866 3,554 166,465 |
|---|---|---|---|---|
12 Governance costs
| Wages and salaries Insurance Independent examiners fee 13 Support Costs Bank charges Sundry expenses Printing, postage and stationery Telephone and fax Depreciation Rep council |
Total 2022 £ 4,500 880 1,620 7,000 Total 2022 £ 77 264 1,074 96 1,250 2,761 |
Unrestricted funds 2022 £ 4,500 880 1,620 7,000 Unrestricted funds 2022 £ 77 264 1,074 96 1,250 - 2,761 |
Designated funds 2022 £ - - - - Designated funds 2022 £ - - - - - - - |
Total 2021 £ 4,500 864 1,350 6,714 Total 2021 £ 82 - 1,206 - - 45 1,333 |
|---|---|---|---|---|
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