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|DATE OF INCORPORATION|DATE OF INCORPORATION|DATE OF INCORPORATION|21 July 2010|||||
|---|---|---|---|---|---|---|---|
|COMPANY|NUMBER||7321494|||||
|CHARITY NUMBER|||1137557|||||
|DIRECTORS||||||||
||||Roger Barden|||||
||||Melanic Bruck|||||
|Treasurer (to 18.3.21)|||Marty Dropkin|Resigned||18|March 2021|
||||Candice Gubbay|Resigned||18|March 2021|
||||Nicole I-lay-Carter|||||
|Chair|||Robert Humphreys|||||
|Chair ofRitual||Committee|Benjamin
Langleben|||||
||||Avi Marco|||||
|Vice Chair|||Simon Morris|||||
||||Shulamit
Morris-Evans|Appointed||18March 2021||
||||Ben Noah|||||
||||Jennifer
Nuni|||||
||||Michael Salida|||||
||||Max Stainton-Parfitt|||||
|Treasurer(from||18,3.21)|Keith Sussman|Appointed||18|March 2021|
||||Nlcole Valens|||||
||||Emma Wohl|||||
|Honorary Secretary|||Michael Salida|||||
|PRINCIPAL|ADDRESS||10'I Fallow Court Avenue,|London, N12 0BE||||
|BANKERS|||NatWest Bank, 30Ciarendon||Road, Watford,|WD17 IGQ||
|AUDITORS|||Nyman
Libson Paul, Regina||House, 124 Finchley||Road,|
||||London
NW3 SJS|||||
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|||||M
ai||
|---|---|---|---|---|---|
|Strategic:|the risk|ofnot succeeding|in remaining|Ciur strategic plan (the "Community
Action Plan")||
|relevant|in the lives ofour members||and the|is updated
periodically|and reviewed
by Council.|
|wider community,||and ofresponding|to external|||
|and demographic||changes,||||
|Financial;|The risk|offailing to retain|sufficient|Income and expenditure|is managed
by|
|reserves|to maintain
our financial sustainability,|||reference to an annual|budget, approved
by|
|especially|as we progress
with the Synagogue|||Council, which aims to maintain
reserves at a||
|rebuilding|projert.|||satisfactory
level. The budget forthe rebuilding||
|||||project is separate from the Synagogue's||
|||||operational
budget
and|is subject to a specific|
|||||risk re ister and control|rocess.|
|Operational;|Risks associated|with safeguarding,|Training
on|safeguarding,
IT security and health|
|---|---|---|---|---|
|health and|safety and security.||and safecy|is given to all staff and lay members|
||||as required.|We work closely with the|
||||Community|Security Trust (CST) in all matters|
||||relatin
to|h sical securi|
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|STATEMENT|OF FIN|ANClA|l
ACT(Y(TlES|l
ACT(Y(TlES|FOR TH|E YEAR E|NDED 51AUGUS|NDED 51AUGUS|T 2021||
|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|||Total|Unrestricted|||Total|
|ESCOME AND EXPENDITURE|||Operations|Designated|Restricted|Funds 2021|operations|Designated|nests)cted|Funds2020|
|||nlotes|6|E|E.|E|E|8|8|8|
|BECOME AND ENDOWMENTE|FROM||||||||||
|Dona(lans
and leganss||2s|968,731||1,482,885|2,451,61(i|949,688||633,930|),5836)8|
|Other Tradirig Activities||2b|2,593|||2,593|2.435|||2,435|
|investments|||1,323||1|1,324|2307||5|2.312|
|Charitable
ACtiVitiea||2c|I85328|10,/73||196,101|187015|28530||2'I5,545|
|TOTAL|||1,157,975|10,773|1482,886|2,651,634|1.141.445|28530|633935|1,803910|
|EXPEND)TIIRE ON|||||||||||
|Chantab)e
sctivnies||3, 5, 6, 11|1,210,303||332,128|1.542rt31|1.143429||301,384|irt44. 8'I 3|
|Otner||8.15||17423||17423||7,67'1||7,671|
|TOTAL|||1,210303|17A23|332,128|1.559854|1.143N29|7 67'1|301384|1,452A84|
|NET INCOME/(EXPENDITURE)|||(52.328)|(6,650)|'1.150758|1,091,780|(1,984)|20859|33255)|35)426|
|Trans/er
between ends||1'i, 15|51,319|1.289,929|(1.341,248)||(1.000)||1.000||
|NET MOVEMENT 04FUS)05|||(1,009)|1.283,279|O90/190)|1,091,780|i2984)|20859|333551|351426|
|Balance
brought
forward|||||||||||
|ai beDnnmg
o(year|||66,244|149,009|461,686|676,939|69228|128.150|128.135|325.513|
|Balance carried forward it|end eTyear||5,
5|142,|271,196|I,|, 44|14,00|61,|676939|
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||Notes|31 August|2021|31August|2020|
|---|---|---|---|---|---|
|Axed Arsets||||||
|Tangible
fixed assets|||1,432,288||108,463|
|CurrentAssetS||||||
|Debtors and prepayments|9|94,159||252.033||
|Short terin deposits||311,786||236,42'I||
|cash at bank and in hand||548,486||219,371||
|||954,431||707,825||
|Current
Liabilities||||||
|Amounts
falling due within one year|10A|(183,000)||(139349)||
|Net Current Assets|||771,431||568,476|
||||z,z03,719||676,939|
|Long Term Liabilities||||||
|Amounts
falling due after one year|108||(435,000)|||
|Net Assets|||1,768, 'l9||97993T|
|Funds||||||
|Restricted|11||271,196||46'l,686|
|unrestricted|15||1,497,523||215,253|
||||1,768,719||676,939|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||6|
|Cash flows from operating
activities||||||||
|Iver (expenditure)/Income|for the year|as per the statement||offinancial|act|1,091,780|351,426|
|Adj ustment for:-||||||||
|Depreciation
charges||||||17,423|7,671|
|Decrease/(Increase)
in debtors||||||157,874|(161,820)|
|(Decrease)/increase
in creditors||||||43,651|(59,511)|
|Net cash (ut)(ised)/generated
in operating|||activities|||1,310,728|137,766|
|Cash flows from investing|activities|||||||
|Purchase
of property,
plant|and equipment|||||(1,341,248)||
|Net cash (utilised)/generated
in investing|||activities|||(1,341,248)||
|Cash flows from financing|activities|||||||
|Income from long term
Ioans||||||435,000||
|Net cash generated
from|financing|activities||||435,000||
|Change
in cash and cash|equivalents|in the year||||404,480|137,766|
|Cash and cash equivalents|brought
forward|||||455,792|318,026|
|Cash and cash equivalents|carried forward|||||860,272|455,792|
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|||||Depreciation
charged|
|---|---|---|---|---|
|||||against|
|Freehold|buildings||- None|See note below|
|Synagogue||Improvements|10%on cost|See note below|
|Kindergarten||Extension|'I0%on cost|Seenote below|
|Vestments,||iumiture 6|||
|books|||-15%on cost|Designated
Fund - Fixed Assets|
|Office and|sound system||||
|equipment|||-20/25% on cost|Designated
Fund - Fixed Assets|
|Computers|||-25%on cast|Designated
Fund - Fixed Assets|
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|2a DONATIONS
AND|LEGACIES|||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|Unrestricted
funds||||||E|E|
|Membership
donations||||||747,759|735,636|
|Income tax recoverable||||||162,834|159,651|
|Parental
contributions|to education|costs||||46,535|51,504|
|Donations||||||11,603|22197|
|||||||968,731|949,688|
|Restricted funds||||||||
|Donations||||||1,482,885|633,930|
|||||||2,451, 16|1,583,618|
|2b DTHER TRADIIVG|ACTIVITIES|||||||
|||||||2021|2020|
|Unr eau icted funds||||||E|E|
|Hire of hall|||||||910|
|Synagogue
magazine|adverbsing|||||2,593|1,525|
|||||||2.59|2,4 5|
|2c CHARITABLE ACTIVITIES||||||||
|||||||2021|2020|
|Unrestricted
funds||||||E|E|
|Sale of High
Holy Day|tickets||||||6,285|
|Second Seder night||||||||
|Marriages||||||4,948|2.360|
|Education
fees - KIndergazten||||||17D,D40|150,760|
|Income from holiday|schemes|||||10,34D|27,610|
|||||||185,328|187,015|
|Designated
funds||||||||
|Covid
—19Fund||||||10,773
19,'I01|28,530
1,4|
|3 CHARITABLE ACTIVITIES|||Staff|Direct|5Upport|||
||||Costs|Costs|Costs|2021|2020|
|||||E|E||E|
|Services 8, Festivals|||259,195|42,259|10D,DSD|401,504|381,644|
|Youth &education|||134,435|15,070|96,009|245,514|255,510|
|Kindergarten|||169,186|6,023|50,706|225,915|207H12|
|Community
activity||||20,080|65,892|85,972|64,151|
|Interest|||562,81|8,4|312,657|958,9D5|9,71|
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|4|SUPPORT COSTS|SUPPORT COSTS||||Services 8|Talith Bi|Kinder-|Community|Community|Governance|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Festivals|Education|ga i"ten|activities||costs|2021|2020|
|Premise~ cost~||||||E|E|E|||6|E|E|
||Caretaking
costs|||||I5,239|15,239|15239||2,540|2,541|50,798|39922|
||Lighting, heating and rates|||||8,163|8,163|8.163||1,360|1.360|27,209|9,536|
||Repairs and maintenance|||||806|806|806||134|133|2,685|8,148|
||Cleaning costs|||||1,2.78|1,278|1,278||213|212|4.259|3,868|
|Office costs||||||||||||||
||Administrative|staff|casts|||50.783|5D.783|10.157||5D,783|40625|203,131|161,200|
||Printing,
postage 8 stationery|||||1,048|1,048|2'I 0||1,048|837|4,191|5.885|
||Telephone|||||1,145|1,145|||1,145|383|3.818|5,748|
||Insurante|||||2,253|2,253|2253||376|376|7,511|8319|
||Interest
paid|||||||||||||
||Bank charges|||||488|488|488||488|486|2.438|2,771|
||Equipment
I'epairs and|||maintenance||5,O60|5,060|5,060||843|845|16,868|13423|
||Computer
and|website||cansuitancy||4.957|4,957|4,957||826|827|16,524|16,123|
||Legal f professional||fees:||Buiilding|||||||||
||Legal 8prOfeesional||fees:||Other||||||2,732|2,732|2,659|
|5ecurity||||||6,735|2,694|||4,041|I|13,469|I9326|
|Other items||||||2.095|2,D95|2,095||2,095|1|8,381|2,978|
|||||||'I D0,050||50.706||65,892|51,357|364,0 4|29,9|
||5.
GOVERNANCE||||COSTS|||Unrestricted||Funds||||
|||||||||2021||2D20||||
|||||||||E||6||||
||Trustee|Indemnity|||insurance|||511|||528|||
||Audit|||||||5,650||5280||||
||Allocated|Supporc casts||||||51,357||42,|173|||
|||||||||57,518||47,|81|||
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|7.
STAFF COSTS|7.
STAFF COSTS|2021|2020|
|---|---|---|---|
||||E|
|Wages and Salaries||728,945|641,6'I 5|
|National|Insurance|61,170|51,410|
|Pension|Costs|47,827|36,535|
|||7,94|729,560|
|||||2021||2020|
|---|---|---|---|---|---|---|
|||||Full Time||Equivalent|
|||||Number|of|Employees|
|Staff numbers|(full time equivalents)|were|as follows:||||
|Spirituality||||3.30||2,55|
|Education||||2.60||3.50|
|Youth||||'I.40||1 45|
|Kindergarten||||5.00||4,90|
|Administrative||||7.30||5.50|
|||||19.60||'!7.90|
|||||2021||2020|
|The number of|higher paid employees||||||
|in the band E70,001-EB0,000|||||||
|in the band E80,001-E90,000|||||||
|||||2021||2020|
|||||E||E|
|Total employee|benefits of key management||personnel|128,804||129,363|
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|8.|TANGIBLE FIXED ASSETS|||||||||Synagogue.||Synegogue|||||||
||||||||||Building|Youth|centre a|vextmen(e||Office a|||||
|||||Freehold|||||under|Klndergerten||furniture||sound|system||||
||||||Lehd||||Construction|Improvements|||a books|Equipment||Computers||Tote)|
||||||F.||||6||E||E||E||E||
|At|'I September 2020||||109,615||||||339.529||34.084||35,066||40,786|559,080|
|Dispose(5|||||n 8,575)||||||lI339,529)||(34.084)||(35.066)||(40,786)|(468.040)|
|Addi Iin os|||||||||1,341248|||||||||1,34),248|
|Total cosr at 31 August||2021||||9'I|04D||1 341 248|||||||||1,432288|
|Accumulated
depreciation|||||||||||||||||||
|A\|I september
2020|||||18,575|||||325,014||34.084||32,1|58|40,786|450,617|
|Dispose)6|||||(I8575)||||||i339,529)||(34,084)||(35,066)||(40,786)|(468,040)|
|Charge
ror the period|||||||||||14,515||||2,908||-|17,423|
|Total deprec ation at 31 August 2021|||||||||||||||||||
|Nec BookValues|||||||||||||||||||
|At|31 August 2021|||||91,040|||1,341.248|||||||||1,432,288|
|At|31 August 2020|||||91,040|||||14,515||||2,908|||I08,463|
|The outstanding
capital||commitment||ac 31|August||202'I||wes 63350000 (2D2D - EN)l)||||||||||
||9.
DEBTORS AND PREPAYEEENTS|||||comprise|||||||2021|||2020|||
|||||||||||||||E||E|||
||income
tax recoverable|||||||||||||61338||223,000|||
||Sundry debtors|and prepayments||||||||||||32,821|||29,033||
|||||||||||||||94,159||2|2,033||
||10A,
CURRENT LIABILITIES - Amounts|||||||falling due||within|one year:||2021|||2020|||
|||||||||||||||E|||||
||Board of Deputies||levy|||||||||||15397|||'I5,05'I||
||Kindergarten
fees||received|in advance||||||||||12.699|||17,447||
||PAYE and NIC for August|||||||||||||15,752|||15,106||
||Audit
Fee|||||||||||||5,750|||5,500||
||Pension Contributions|||||||||||||12,640|||5,502||
||Rabbinic Costs|||||||||||||13,325|||13,227||
||jjBSOver-Age
Payments|||||||||||||10,460|||2,412||
||Trade Creditors|||||||||||||14,220|||7,233||
||Other creditors|and accruals||||||||||||82,757||57,871|||
||||||||||||||183,000|||139,349|||
||10B.
CURRENT I IABILITIES-Amounts||||||||falling due|after|one year:||||||||
||Bank Loan||||||||||||435,000||||||
##
|All the Disbursements
totallin|All the Disbursements
totallin|All the Disbursements
totallin|g f332,|128 were|for Charitable
|Activities|||||
|---|---|---|---|---|---|---|---|---|---|---|
|Details relating to restricted|||funds||||||||
|spending
or holding over f2.000||||Sources offunds||Restrictions
of funds||||Assets offunds|
|Building
Fund||||Events|and donations|Improvement
ofbuilding||||FRS bank account|
|Community
Engagement||Fund||Donations||Involving
marginalised|Jews and||non Jews|FRSbank account|
|Eighth
Rung||||Donations||I ong term project focussing on||the needs|||
|||||||ofthe homeless
In Barnet||||FRS bank account|
|FRSCares Fund||||Donations||Grants and subsidies|to members|||FRS bank account|
|High Holyday
Appeal|Fund|||High hoiyday appe sf||Charitable
donations||||HHD Appeal|
|||||||||||bank|
|Inter-Fa Ith Fund||||Grants|and donations|Development
ofinterfaith
connections|||||
|||||||and understanding||||FRS bank account|
|Jack Petchey Award|Fund|||Grants||Development
ofyouth|resources||and||
|||||||facilities||||FRS bank account|
|Singing for the Memory||Fund||Donations||Helping people with dementia||through|||
|||||||singing||||FRS bank account|
|Summer
Hype||||Grants|and donations|Summer
Camp for dlsadvantared|||children|FRS bank account|
|Youth and Education|Victoria||Fund|Grants|and donations|Facilitating jewish life|for FRSyouth|||FRS bank account|
|Youtli Group Fund||||Grants|and donations|Facilitating Jewish life|for FRSyouth|||FRS bank account|
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|||||Unrestric|Designate|Restricted|Total|
|---|---|---|---|---|---|---|---|
|Analysis|ofnet assets between|funds-current|year|ted funds|d funds|funds|Funds|
|||||f.|f|f||
|Tangible|fixed assets||||1,432,288||'i,432,288|
|Current|assets|||248235||271,196|519,431|
|Creditors|due within one year|||(I83,000)|||(183,000)|
|||||65,235|1,432288|271,196|1,768,719|
|||||Unrestric|Designate|Restricted|Total|
|analysis|ofnet assets between|funds - prior year||ted funds|d funds|funds|Funds|
|||||f|E||f.|
|Tangible|fixed assets||||108,463||108,463|
|Current|assets|||205,593|40,546|461,686|707,825|
|Creditors|due within one year|||(139,349)|||O 39,349)|
|||||66,244|149,009|461,686|676,939|
|15.
UNRESTRICTED FUNDS|15.
UNRESTRICTED FUNDS|Balance at|Amounts||Incomingl|Balance at|
|---|---|---|---|---|---|---|
|||01.09.20|received
f|Transfers
E|Outgoing|31.08.21
E|
|General
Reserves||66,244||51,319|(52,328)|65,235|
|Designated
Fund|—Covid -19|28,530|10773|(39,303)|||
|||94,774|10,773|12,016|(52,328)|65,235|
|Designated
Fund|- Fixed Assets|120,479||'f,329,232|(17,423)|1,432,288|
|Total Unrestricted|Funds|215,253|10,773|1,341.248|(69,751)|1,497,523|
##
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|16.GRANTS PAYABLE|16.GRANTS PAYABLE|IN FcIRTHERANCE OFTHE CHARITY'5 OBJECTS|IN FcIRTHERANCE OFTHE CHARITY'5 OBJECTS|IN FcIRTHERANCE OFTHE CHARITY'5 OBJECTS|IN FcIRTHERANCE OFTHE CHARITY'5 OBJECTS||||
|---|---|---|---|---|---|---|---|---|
||||||2021|2021|||
|Fund||Recipients|fall Institudonal)||E.|8|||
|FRSCares||'I amount|ofE1,200||1,200||||
|||1 amount|ofF960||960||||
|||1 amount|of6600||600||||
|||1 amount|ofE500||500||||
|||1 amount|ofE269||269|3,529|||
|High Holyday|Appeal|1 amount|ofE2,000||2,000||||
|||1 amount|ofE500||500||||
|||2 amounts|af6250||500||||
|||23 amounts
of6200|||4,600||||
|||1amounts|al El50||1,050|8,650|||
|||||||12.179|||
|17.RELATED|PARTY TRANSACTIONS||||||||
|Salary paid to a Director as Head|||of Kindergacten|||35,834|||
|Salary paid to a Director as as Religion School Teacher||||||325|||
|Salary paid to son ofa||Director as a Caretaker|||||||
|Salary paid to daughter||afa Director as a Religion School||Helper|||23||
|Salary paid to two daughters
afa|||Director as Religion School helpers||||20||
|||||||36,226|||
|||||||2021||2020|
|||||||6|||
|Total amount|ofdonations
received fram related parties,|||including|trustees|92373||4,244|
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