## **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| - 5 - ## **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| - 6 - **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|||| |||||