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2020-08-31-accounts

Strategic: the the risk ofnot succeeding in Our strategic plan (the "Community Action
remaining relevant
in the lives ofour		 Plan")is updated
periodically
and reviewed		 by
members and the wider community, and of Council.
responding to external and demographic
changes.
Financial: The risk offailing to retain sufficient Income and expenditure
is managed		 by
reserves to maintain
our		 financial reference to an annual
budget„approved		 by
sustainability, espedally as we progress with Council, which aims to maintain
reserves at		 a
the Synagogue rebuilding project. satisfactory
level. The budget for the
rebuilding
project is separate from the
Synagogue's
operational
budget and		 Is
subject to a specific risk register and control
racess.
Operational: Risks associated with Training on safeguarding,
ITsecudity		 and
safeguarding. health and safety and security, health and safety is given to all staff and lay
members as required,
We work closely with
the Community
Security Trust (CST)		 in ail
macters relatin
to
h sical securi

Unrestricted Unrestricted Total Unrestricted Unrestricted Total
INCOME AND EXPENDITURE Notes Operations
f		 OeslgnatedReetriCted
f
6		 Funda2020 operations
f		 Designated
f		 Restricted
E		 Funds 2019
f
INCOME AND ENDOWMENTS FROM
Oonationsandlegaues 24 949.688 633.930 1.583.618 904,327 342,955 I 247,282
Other Trading
Activbles		 213 7„435 2,435 5.148 5.148
Investments 2.307 5 2,312 2.7.39 21 2,260
Charitable
Aorvites		 2c 1S7,015 28.530 215.545 225a71 225, 57'I
TOTAL 1,1414I5 28,530 633,935 1,803,910 1,137,285 342,976 1,480,26'I
EXI'ENDITURE ON
Charsatlleanivitlet 3,5,6, Ii 1,143,429 - 301,384 1,444,813 1,144.184 345,930 1,490,114
Other 8, 15 7,671 7,671 8,165 8,165
TOTAL 1,143,429 7,671 301,304 1.452,484 13144,1&1 8,165 345,930 1,49S,279
NET INCOME/(EXPENDITURE) ('1.984) 20,S59 332,551 351,426 (6,899) 18.165l (2.954) l18.018)
Transfer between
funds		 11,15 (1,000) 1.(X10 0 (1,000) 1,000
NET blOVEMENT IN FUNDS i2.984) 20.859 333,551 351426 (7899) i8,165) i1,954) (18018)
Balance broughliorward
al beglrlnin 8a/year 69228 128150 '128,135 325,513 77,127 136,315 130,089 343,531
Be)ance cerned
Forward		 stand ofyear 66.244 149,009 461,686 676P39 69228 128,150 128,135 325,513

Notes 31 August 2020 31August 2019
Fixed Assets
Tangible tixed assets 108,463 116,134
Current Assets
Debtors and prepayments 9 252,033 90,213
Short term deposits 236,421 260,623
Cash at bank and in hand 219,371 57,403
707,825 408.239
Current
Liebigties
Amounts
falling due within one year		 10 (139,349) (198,860l
Net Current Assets 568,476 209,379
Net Assets 676,939 325,513
Funds
Restricted 11 461,686 'I28,135
Unrestncted \5 215,253 197,378
676,939

2020 2049
6 6
Cash flows from operating activities
Net (expenditure)/income for the year as per the statement offinancial act 351,426 (18,018)
Adjustment
for:-
Depredation
charges		 7,67'I 8,165
Decrease/(increase)
in debtors		 (161,820) (38,689)
(Decrease)/increase
in creditors		 (59,511) 14,753
Net cash (utigsed)/generated
in operating		 activities 137,766 (33,789)
Cash flows from investing activities
Purchase ofpreperty,
plant		 and equipment
Net cash (uti(ised)/generated
in invesdng		 activities
Change
in cash and cash		 equivalents in the year 137,766 (3378I3)
Cash and cash equivalents brought
forward		 318,026 351.815
Cash and cash equivalents carried forward 455,792 318,026

2a DONATIONS
AND		 LEGACIES
2D20 2D19
Unrestricted
funds		 6 f
Membership
donations		 735,636 699,665
Incame tax recoverable 159,651 151,972
Parents
I contributions		 ta education casts 51504 47,636
Donations 2,897 5,054
949,688 904,327
Restricted funds
Oanations 633,930 342,955
1,583,618 1,247,28
2b OTHER TRADING ACTIVri'IES
2D20 2019
Unresb icted funds E f
Hire ofhall 910 4,273
Synagogue
magazine		 advertising 1,525 875
2435 5,148
2c CHARITABLE ACTIVITIE5
2D20 2019
Unrestricted
funds		 E f.
Sale of High Holy Oay tickets 6,285 6,711
Second Seder night 1,243
Marriages 2,360 4,533
Education fees
—Kindergarten		 150,760 196,397
Income
fiom holiday		 schemes 27,610 16,687
187,015 225,571
Designated
funds
Covi d - 19Fund 28,530
215,545 225,57'I
3 CHARITABLE ACTIVITIES staff Direct Support
Costs Costs Casts 2D20 2D19
6 E 6 6 6
Services 6Festivals 213,578 83,807 84,259 381,644 362,603
Vauth 6 education 143,851 33,198 78,461 255,510 253,087
Kindergarten 'I60,277 7,680 39,455 207,412 231,744
Community
activi ty		 8,593 55,558 64, 'I 51 69,397
Interest 517,706 'I, 257,733 9 8,717 916,831

4 SUPPORT COSTS Services 8 youth 8 Kinder- :ommunityBovernancs :ommunityBovernancs :ommunityBovernancs Total Total
Premises costs Festivals Education
f		 garten
f		 acdvities
f.		 costs
f		 2020f ZI019
Caretaking
costs		 11,977 11,977 11,977 1,996 1,995 39,922 41,009
Lighting,
heating
and		 rates 2,861 2,861 2,861 477 476 9,536 12,103
Repairs and maintenance 2A44 2A44 2,444 407 409 8,148 8,696
Cleaning
costs		 1,160 'l,l60 1,160 193
195		 3,86S 4,129
Office costs
Administratwe
stal'f		 costs 40,300 40,300 8,060 40500 32,240 161,200 155,649
Printing, postage
&stationery		 1,471 1,471 294 1,471 1,178 5,885 8,745
Telephone 1,724 1,724 1,724 576 5.748 4,758
Inscirence 2,496 2,496 2,496 416
415		 S,319 8,337
interest
paid
Bank charges 554 554 554 554 555 2,771 3,105
Equipment
repairs and		 maintenance 4,027 4,027 4,027 671 671 13,423 19,817
Computer
and website		 consultancy 4,837 4,S37 4,837 806 806 16,123 12,409
Legal 8 professional fees: Building
Legal 8 professional fees: Other 2559 2,659 2566
Security 9,663 3,865 5,798 19,326 25,475
Other Items 745 745 745 745 l2l 2,978 7,923
84,259 78,461 39A55 5,558 42,173 299,906 314,721
5.
GOVERNANCE		 COSTS Unrestricted Funds
2020 2019
f f
Trustee
Indemnity		 Insurance 528 535
Audit 5280 5,360
Allocated
Support		 costs 42,173 41,867
47,981 47,762
6.
OTHER COSTS		 Unrestricted Funds
2020 2019
f. f
Reform Judaism 102,220 975104
Jewish Joint Buria I Society 66,1 37 64,451
Board of Deputies 18,374
186,
1		 18,034
1, 9

7.
STAFF COSTS		 7.
STAFF COSTS		 7.
STAFF COSTS		 2020 2019
E E
Wages and Salaries 641,615 64D,947
Nati onal lnsura nce 51,410 46,997
Pension Costs 36,535 30,768
729,560 718,712
202D 2D19
Full Time Equivalent
Number of Employees
Staff numbers (full time equtvalents) were as follows:
Spirituality 2.55 2.3D
Education 3.50 3.80
Youth 1.45 1,40
Kindergarten 4.90 5,40
Administrative 5.50 4,95
7.90 17.85
2020 2019
The number of higher paid employees
in the band E60,0D1-670.DOO
in the band 670,001-680,000
2D20 2019
E E
Total employee benefits of key management personr 129,363 119,577

8.
TANGIBLE FIXEDASSETS		 Synagogue, Synagogue
Freehold Youth Centre 8 vestments Office 8
Land and Kindergarten furniture Saund System
Buildings Improvements &books Equipment Computers Total
Cost E E E E E E
At 1 September 2019 109,615 339,529 34,084 35,066 40,786 559,080
Dispasals
Additions
Tora'I cost at 31 August 2020 109,615 339,529 34,084 35,066 40,786 559,080
Accumulated
depreCiatian
At 1 September 2019 18,575 319,277 34,084 30,224 40,786 442,946
Dispasa ls
Charge for the period 5737 1934 7,671
Total cost at 31 August 2020 18,575 325,014 34,084 32,158 40,786 450,617
Net Book Values
At 31 August 2020 91,040 14,515 2,908 108,463
At 31 August 2019 91,040 20,252 4,842 ')16,134
9.
DEBTORS AND PREPAVMENTS comprise		 9.
DEBTORS AND PREPAVMENTS comprise		 2020 2019
E E
Income tax recoverable 223,000 24,836
Sundry debtors and prepayments 29,033 65,377
252,033 9D,'213
10.
CURREIIIT LIABILITIES - Amounts		 falling due within one year:
2020 2019
E E
Board of Deputies
levy		 15,051 14,771
Kindergarten
fees received in advance		 17447 12,416
PAVE and
NIC for August		 15,106 13,740
Audit Fee 5,500 5,500
Pension Contributions 5,502 3,868
Rabbinir. Costs 13,227 11,197
jBSOver-Age
Payments		 2,4'I 2 I,685
Trade Creditors 7,233 69228
Other creditors and accruais 57,871 66,455
139,349 'I98.860

11. RESTRICTECI FIJNDS 11. RESTRICTECI FIJNDS 11. RESTRICTECI FIJNDS
Balance at Interest Donations Transfers Disbursed Balance at
01.09,19 accrued received dvring year 31.D&.20
These are analysed as follows'. 8 E. E 8 8 6
Beiarus Project Fund 3rt53 312 5,000 (8,765)
Building Fund 37,938 600.633 (100DD) (251.143) 377428
Cornrnvnity
Engagement		 Fund 10,053 I0,053
Czech Scroll Trust
Fund		 564 564
Eighth
Bung		 2,675 2,675
FRSCares Fund 'l1,3'I2 4,575 IPDD (95D) 15,937
FRS Charity Committee Fund 1,225 ll1.225)
High Hoiyday Appeal Fund 788 5 1,613 5,0DD (5,600) 1,&D6
Inter-Faith
Fund		 1.051 8,620 (3,604) 6,067
Jack Petchey Award Fund 3,564 750 (1,250) 3,064
James Harris Memorial Pnze
Musica(Engagement in(em Fund
RJ Community
Development		 Grani.
Singing fur the MemOry Fund 2,195 4,560 (4,421) 2,334
Summer
Hype		 10,714 8,967 (7.108) 12,573
Youth and Education YiiRoria Fund 42,979 i I7,3'i 8) 25,661
Youth Group
Fund		 3524 3,524
128,135 5 633,930 I,DDD (3D1,384) 4 1,686
All the Disbursements totalling f301,384 were for Charitable Activibes
Detaus relating to restricted
funds espendlng
orholding		 over E2,al Sourcesoffunds Restrictions offunds Assets offunds
Buildiiig Fuiid Events and donations Improvement of building FRSbank account
Community
EngagemencFund		 Donations Involving
marginalised
Jews and		 non Jew FRSbank account
Eighth Rung Donations Long term project focussing on the need. FRSbank account
FRSCares Fund Donations Grants and subsidies tomembers FRSbank accoum
High
Holyday AppealFund		 High holyday appeal Charitabledonations HHD Appealbank accounr
Inter-Faith
Fund		 Grants and donations Developmentof interfaith connenionsai FRSbank ac«oun t
Jack PercneynwardFund Grants Develop ment of youth resources and fac FRSbank account
Smging for theMemory Fund Donations Helping
people with dementia		 rh rough t FR 5bank account
Summer Hype Grarits and donations Summer
Camp		 for disadvantaged child ri FRSbank account
Youth and Educauon
Victoria		 Fund Grants and donaoons Facilitatmg Jewish lif» lor FRS youth FRSbank account
Youth Group Fund Grants anrJ donations Faolitating Jewish life for FRS youth FRSbank account

Unrestricted Designated Restricted Total
Analysis afnet assets between funds - current year Funds funds funds Fit it de
6 E E
Tangible fixed assets 108,463 108463
Current assets 205,593 40,546 461,686 707.825
Creditms due within ane year (139,349) (139,349)
66,244 'l49009 461.686 676,939
Unrestricted Designated Restricted Total
Analysis ofnet assets between funds - prior year funds funds funds Funds
6 6 6
Tangible fixed assets 116,134 116,134
Current assets 268,088 12,016 128,135 408,239
Creditors due within one year (198,860) (198,860)
69,228 128,')50 128,135 325,513

16.
Uh)RESTRICTED FUNDS		 Balance at
0I.D9.19		 Amounts
received		 Transfers Incoming/
Outgoing		 Balance at
31.D8.20
6 E 6 6 6
General
Reserves		 69228 (1,000) (1,984) 66,244
Designated
Fund - Covid-19		 28.530 28,530
69228 28,530 (1.000) (1,984) 94,774
Designated
Fund - Fixed Assets		 128,150 (7,671) 120.479
Total Unrestricted
Funds		 197,378 28,530 (1,000) (9,655) 215,253

2020 2020
Fund Recipients (ag Institutional) 6
FRS Cares 3 amounts under 6500 I of6520 950
FRS Charity Committee Transfer to FRSCovid-19 Support Fund 'I,225
High Holyday Appeal 1 amount o)6500 500
3amounts of6200 600
30amaunts af E150 4,500 5,600
7 775

E
Salary paid to a Director as Head af Kindergarten 34,758
Sa Iary pa Id ta daughter ofa Director as Oflice Recepti amati Secreta ry 3,664
Salary paid ta twa daughters ofa Directaras Religan School helpers 570
Salary paid to daughter of a Director as a Tech Camp Helper 325
Salary paid to two daughters ofa Directar as Rellgian School helpers 281
39,598
2020 2019
f 8
Total amount af donations received from related parties, including trustees 4.244 37,205