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2022-03-31-accounts

CLIENT

TRIAL BALANCE AS AT

THE PERSIAN HEBREW COMMUNITY

31 March 2022

Barclays Bank
Santander Bank, current a/c
Santander Bank, reserve a/c
283 Stockport Road
Loan to Persian Sephardi Synangogue
Sundry creditors
Opening funds
Prepayments
Accruals
VAT
DW Beckman, solicitors
Rent review fee
Rent received
Interest received
Bank charges
Insurance
Professional fees
Sundry payments
Grants - Mashadi, Israel
Grants - Persuan Sephardi Synagogue
Grants - other
Unidentifed transactions
Nominal
Debit
Credit
Code
31.3.21
£
£
926.88
(1)
157,992.67
(1)
211,244.24
(2)
1,182,924.74
(2)
(4)
29,200.00
(2)
(2)
(1,575,055.25)
(7)
(7,233.28)
(1)
(2)
(5)
(8)
(3)
(6)
(1)
(5)
(1)
(2)
(3)
(1)
(1)
(2)
(1)
(3)
(1)
1,582,288.53
(1,582,288.53)
Nominal
Debit
Credit
Code
31.3.21
£
£
926.88
(1)
157,992.67
(1)
211,244.24
(2)
1,182,924.74
(2)
(4)
29,200.00
(2)
(2)
(1,575,055.25)
(7)
(7,233.28)
(1)
(2)
(5)
(8)
(3)
(6)
(1)
(5)
(1)
(2)
(3)
(1)
(1)
(2)
(1)
(3)
(1)
1,582,288.53
(1,582,288.53)
Code

THE PERSIAN HEBREW COMMUNITY

Journal entries as at 31 March 2022

Nominal Debit Credit
code £ £
(1) VAT 16,258.03 17,258.63
Rent received 86,293.11
Insurance 1,715.63
Bank charges 50.00
Grants - Mashadi, Israel 30,000.00
Grahts - Persian Sephardi Synagogue 12,000.00
Insurance
Professional fees 3,500.00
Santander Bank, current a/c 40,028.08
Santander current a/c transactions for year
(2) Interest received 22.66
Loan - Persian Sdephardi Synagogue 29,200.00
Santander Bank, reserve a/c 29,222.66
Santander reserve a/c transactions for year

THE PERSIAN HEBREW COMMUNITY

Charity No. 1138468

Statement of Receipts and Payments

for the Year ended 31 March 2022

2021
£
£
£
Revenue receipts
72,333
Rental income received
4,482
Insurance of property reimmbursed
506
77,321
Interest received
-
Capital receipts
Other receipts
-
Loan to Persian Sephardi Synagogue repaid
Excess of VAT charged on income over VAT sufered
-
-
on payments - due to HM Revenue & Custome
77,321
Total Receipts
Revenue payments
Administrative expenditure
1,588
Insurance of property
75
Bank charges
-
1,663
Fess re rent review
Charitable loans. grants and donations
Grants and donations
United Mashadi Community of Israel
50,000
(formerly The Mashadi Central Board of Israel)
-
50,000
Persian Sephardi Synagogue
51,663
-
Capital payments
51,663
Total Payments
25,658
Excess of Receipts over Payments
344,506
Bank balances as at 31 March 2021
370,164
Bank balances as at 31 March 2022
2021
£
£
£
Revenue receipts
72,333
Rental income received
4,482
Insurance of property reimmbursed
506
77,321
Interest received
-
Capital receipts
Other receipts
-
Loan to Persian Sephardi Synagogue repaid
Excess of VAT charged on income over VAT sufered
-
-
on payments - due to HM Revenue & Custome
77,321
Total Receipts
Revenue payments
Administrative expenditure
1,588
Insurance of property
75
Bank charges
-
1,663
Fess re rent review
Charitable loans. grants and donations
Grants and donations
United Mashadi Community of Israel
50,000
(formerly The Mashadi Central Board of Israel)
-
50,000
Persian Sephardi Synagogue
51,663
-
Capital payments
51,663
Total Payments
25,658
Excess of Receipts over Payments
344,506
Bank balances as at 31 March 2021
370,164
Bank balances as at 31 March 2022
Unrestricted Funds
£
£
86,293
-
23
86,316
-
-
29,200
1,001
30,201
116,517
1,716
50
3,500
5,266
30,000
12,000
42,000
47,266
-
47,266
69,251
370,164
439,415
Unrestricted Funds
£
£
86,293
-
23
86,316
-
-
29,200
1,001
30,201
116,517
1,716
50
3,500
5,266
30,000
12,000
42,000
47,266
-
47,266
69,251
370,164
439,415
47,266
-
47,266
69,251
370,164
439,415

THE PERSIAN HEBREW COMMUNITY

Charity No. 1138468

Statement of Assets and Liabilities

as at 31 March 2022

2021
£
£
Assets
Freehold investment property
1,182,925
At cost
29,200
Long term interest-free loan, Persian Sephardi Synagogue
370,164
Bank balances
1,582,289
Liabilities
(7,233)
VAT
1,575,056
Net assets
Sources of net assets
Unrestricted funds
1,549,398
As at 31 March 2021
Year ended 31 March 2022
77,321
Revenue receipts
(51,663)
25,658
Revenue payments
1,575,056
Unrestricted funds as at 31 March 2022
Unrestricted
Funds
£
£
1,182,925
-
439,415
1,622,340
(8,234)
1,614,106
1,575,056
86,316
(47,266)
39,050
1,614,106
Unrestricted
Funds
£
£
1,182,925
-
439,415
1,622,340
(8,234)
1,614,106
1,575,056
86,316
(47,266)
39,050
1,614,106
1,614,106

THE PERSIAN HEBREW COMMUNITY

Notes re Accounts

for Year ended 31 March 2022

Grants and donations
16.8.21
Mashadi Central Board of Iisrael
4.11.21
United Mashadi Community of Israel
13.4.21
Persian Sephardi Synagogue
Other grants and donations
Bank balances
31.3.21
Barclays, current a/c
926.88
Santander
Current a/c
157,992.67
Reserve a/c
211,244.24
370,163.79
* Bank reconciliation
Per bank statement
Unpresented cheque,
Kerry (London Ltd), (paid 29.4.22)
Per Trustees'Annual Report
Bank balances
VAT creditor
VAT creditor
VAT on quarter's rent received 24.12.21
VAT on quarter's rent received 23.3.22
Charitable loan-Persian Sephardi Synagogue
As at 31.3.21
Repaid:
13.4.22
(23,700)
29.4.22
(6,000)
Grants and donations
16.8.21
Mashadi Central Board of Iisrael
4.11.21
United Mashadi Community of Israel
13.4.21
Persian Sephardi Synagogue
Other grants and donations
Bank balances
31.3.21
Barclays, current a/c
926.88
Santander
Current a/c
157,992.67
Reserve a/c
211,244.24
370,163.79
* Bank reconciliation
Per bank statement
Unpresented cheque,
Kerry (London Ltd), (paid 29.4.22)
Per Trustees'Annual Report
Bank balances
VAT creditor
VAT creditor
VAT on quarter's rent received 24.12.21
VAT on quarter's rent received 23.3.22
Charitable loan-Persian Sephardi Synagogue
As at 31.3.21
Repaid:
13.4.22
(23,700)
29.4.22
(6,000)
31.3.21

As at 31.3.21
Repaid:
13.4.22
29.4.22