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2020-08-31-accounts

2020 2020 2020 2020 2020 . 2019
Note Unrestricted Designated Restricted Endowment Total . Total,
Funds Funds Funds Funds Funds Fu'rrds.
INCOMING RESOURCES
Income and endowments
from;
Donations
and legacies
Offerings and bedek habayis 13,523 13,523 . . .16,130'
Donations 12,396 684,628 697,Q24 . . 493„-563
Donated Gift Aid 6,030 6,030 . :
','5'04
31,949 684,628 716,577 ' . '512';1)7
Charitable
activities
Membership
contributions		 220,736 220,736 ' 214,-593
Vyedding fees 840 840 '1,240,
Burial society 2,280 2,280 '
.675
Shiurim,
Kol Eliyahu, siyumim,
melave
malka and receptions		 29,506 29,506, 28,653
Youth activities 2,877 2,877 12,0'15-
Provision of ritual items 20,688 20,688 10,841:
276,927 276,927 . , 2681017-
Other trading activities
Hire of Miriam Rachel Wohl hall 26,599 26„599 .58,299.,
Fund raising functions 5,645 5,645 -. 9 'L36
Year book 10,089 10,089 ' 9„40Q
Parking and office rental income 16,275 16,275 '14,682, .
52,963 5,645 58,6Q8 - 9: 51,1
Investments
Property rental income 17,550 17,550 8;500
Deposit interest receivable 1,110 269 243 1,622 ' .1,76l
18,660 269 19,172 10,261
TOTAL INCOMING
RESOURCES		 380,499 690,542 243 1,071,284 883;,98'6

2020 2020 2020 2020 2020 20'3:,9
-'		 20'3:,9
-'
Note Unrestricted Designated Restricted Endowment Total . TOtaI'
Funds Funds Funds Funds Funds: I',tint)g
RESOURCES EXPENDED
Raising funds
Costs related to hall hire 8,696 8,696
Costs relating to investment property 22,827 22,827 :4,:821
Fundraising
and		 publicity 2,395 2,395
Year book 4,430 4,430 . . :4',450
1 35,953 2,395 38,348
Charitable activities
Remuneration, expenses and pensions of
Rabbonim,
chazan and former officials		 162,357 162,357 -166,975
Ritual items, library costs and
support services 28,999 28,999
Building related expenses 108,382 108,382
Shiurirn,
Kol Eliyahu, siyumim,
melave malka and receptions 38,491 38,491 ' ' '47,$90r
Youth activities 2,778 2,778 ',8',796
Grants and donations
Support costs		 2,400
47,725
391,132		 632,989
161
633,150		 635,389:456';:859
47,886, '5'0 948,
1,024,282,
'824,/74
TOTAL RESOURCES EXPENDED 1 427,085 635,545 1,062,630 85$;i55
Net incomin resources before transfers (46,586) 54,997 243 8,654 :3(),:28'1
TRANSFERS
from Ruth Lunzer fund to Ladies Guild 243 (243)
to Hall renovation
fund		 (1,068) 1,068
from Dilapidations
reserve		 38,560 (38,560)
Net movement
in funds		 (9,094) (37,492) 55,240 8,654 .30P3l
RECONCILIATION OF FUNDS
Total funds brought forward (128,762) 119,986 320,450 30,000 341,674 .
,		 '3'11$43
Total funds carried forward (137,856) 82,494 37S,690 30,000 350,328 '$+,674:

Fixed assets Fixed assets
Tangible assets 1,385,723
Current assets
Sundry debtors and prepayments 65,596
Bank and cash balances
Restricted and endowment funds 8,11 362,858
Unrestricted funds 8,11 192,347
620,801
Creditors
Amounts
falling due within		 one year 9 116,263 85,37.7
Net current assets 504,538
Totai net assets 1,890,261 1,88k:;60'/
Funds ofthe Charity
Unrestricted Restricted Designated Endowment Total
funds funds funds funds funds
Capital fund 939,933 600,000 1,539,933 'i'589",933
Accumulated fund (137,856) (137,856) ('"l28;762)
Designated funds 10 82,494 82,494
Restricted specified funds 12 375,690 375,690 320,450
Endowment funds 12 30,000 30,000 , 80,'090
802,077 975,690 82,494 30,000 1,890,261
Approved on behalf ofthe Board of Management
Signed: JLebrett J ] r MShayo
President Hon. Treasurer

2020 2020 2020 2020 2020
Raising Charitable Support Total
Note funds activities costs costs
Remuneration
expenses and pensions
Power and water
Maintenance,
cleaning and repairs
Insurance
and valuations
Investment
property costs
Telephone		 500
8,196
22,827		 160,450
18,249
66,490
17217		 31,939
750
2,921		 192,38
18,74
74,68
17,96
22,82
2,92
9
',,'',,
'- 2/418'201
9
'.",',;::3;:b~j4'L8'
6,'::,Ii'.-;Adj/72
'
7 .': '::.:':24/04
7,'::".
:-
-:, 4j821
1:.-.:"': '.:,,:;;2~&01'6':
Running costs - 49Tem piers Avenue
Printing,
postage and stationery		 8,333 1,106 8,33
1,10
3		 ''. '1j
','','3,:863.
" "".75$
Shiurim,
siyumim,
melave malka and receptions		 38,491 38,49
1,		 :, :-,"',:,
',,"47P90.
Ritual and sundries 28,999 5,019 34,01
8		 . -'""':14IN2
Year book 4,430 4,43
0		 . : ":::,
':4)450
Audit and accountancy
fees		 5,500 5,50
Youth activities and grants 5,178 5,17
8:		 ', .'-'.;:";:-,"9j'PS"
Library expenditure , I
Grants and donations
from restricted
Fund-raising
functions		 funds 2,395 632,989 632,98
2,39
9
5		 .,
.:,.':i56;:4%
':.
:.',5';257
Bank charges 651 65
1		 ...'':;-
.,828
38,348 976,396 47,886 1,062,630 .'.. "::,
'.;.$5$",75$
Total staff costs
During the year the key management personnel costs were as follows:
2020
:."1::-'
Salaries, wages and pensions 169,531, . '".1$/488
Employer's
National
insurance
contributions		 11940 43t405
Pension contributions
for the provision		 ofmoney-purchase benefits 10,918;, '':- ':10ji9'D
192,389, , : ii:.,:::.i
' .',::,LG
The average number offull-time staff employed was
The average number ofpert-time staff employed was
The number offull-time
equivalent		 staff employed was
During the year the number ofemployees whose remuneration exceeded
E60,000was
During the year the number ofemployees to whom retirement benefits are
accruing under money-purchase
schemes		 was
The number ofpensions
paid was

2020 Ã%9
Total: Total
f
Refurbishment
of ladies cloakroom (see below)		 38,560
Refurbishment
of Mikva		 4,080
Air-conditioning
installation,		 net ofdonations received (see below) 826
Synagogue
extension,
net of		 donations received I
Major appliances for kitchen and Hall, hall repairs : . ".7.;484
Major works to boilers, heating and asbestos removal 6,622 ' . 11,597'
Other repairs, maintenance, pest control, refuse clearance, CCTV etc 15,980, '. ':,.3,'9gL02;
Cleaning
labour and materials		 12,299, .„.10~~052
78,367 '":;:$$,'235

2020
E
Bank and cash balances of externally administered Endowment
funds		 30,000 ": 39,"00'0
Bank and cash balances ofexternally administered Restricted funds 160,911 - ."'122(994
Bank and cash balances of Restricted funds administered by the synagogue 171,947 '.150,-'557
Restricted
and Endowment
fund bank and cash balances		 362,858: . 303'A@51
Unrestricted
bank and cash balances		 192,347 ',$Q'6;:f93.
555,205 . .. . ,'53,':,0~$44
Creditors: Amounts
falling due within one year
2020
Accrued expenses 28,451 . ' 39j677 .
Other creditors 87,812 ' S4,'7'00
116,263: . ":.4'$jgi77.
Designated
funds
2020
E
Dila
idations reserve
Balance brought
forward at 01September 2019		 107,000 10/:;00'0
Transferred
to unrestricted
funds		 (38,560)
Balance carried forward at 31August 2020 68,440:107"QQ'0' '
Hall renovation
fund
Balance brought
forward at 01September 2019		 12,986 10,483 .
Transferred
from net hall hire income for the year		 1,068 Z,S'Q8 '
Balance carried forward at 31August 2020 14,054 ' ' . 'LP,9'8'6
Total designated
funds at 31August 2020		 82,494,119,:986
Tangible Externally Synagogue Debtors Creditors Total
fixed controlled controlled
assets bank bank
balances or cash
E E
Endowment
funds
The Ruth Lunzer Fund (within
the Ladies Guild Fund) 30,000 30,QQQ
Restricted Capital fund 600,QQQ 600,000
Restricted specified funds
Ladies Guild and Ruth Lunzer
Hachnosas
Kalloh fund		 8,874 8,874
The Lissauer fund 27,011 27,011
Chevrah
Kadishas and Siegmund
Plaut Memorial
fund		 1,395 4,042 5,437
Yom Kippur appeal 267 267
Chomesh
L'Chinuch		 84,772 24,558 109,330
The Nathan
and Gertrude
Rothschild
Memorial		 fund 3,854 3,854
Library fund 5,190 5,190
Welfare and Rav's appeals fund 17,791 139,053 156,844
Welfare Loan fund 17,883 (6,700) 42,833 54,016
Adopt-a-Kollel 3,185 1,683 4,868
Total Restricted and
Endowment
funds		 600,000 190,911 171,947 42,833 1,005,691
Unrestricted
and Designated		 funds 785,723 192,347 22,763 (116,263) 884,570
Total all funds 1,385,723 190,911 364,294 65,596 (116,263) 1,890,261

Net Income for the year, as per the Statement ofFinancial Activities 8,654
Adjustment for investment income (18,660)
Decrease in debtors 5,421
Increase
in		 creditors 30,886
Net cash flow from operating
activities		 26,301

Details of grants and donations
made are as f		 ollows:
2020;.2@1;9
Grants to individuals 401,459:%9~$P
Grants to institutions 231,530
5 2&j042
632,989,"456"'W
Grants made to Institutions:
Activity:
Menorah
Primary School		 Educational 36,500
Menorah
High School for Girls		 Educational 32,000
Kollel Shaarei Simcha (Israel) Educational 27,000
Hasmonean
High School		 Educational 25,500
Menorah
Grammar
School		 Educational 24,600
Comet Charities (Pardes House) Educational 13,500
Beis Yaakov Primary School Educational 9,500
North-West
London
Mikvah		 Ritual 9,000
Torah Temimah
Primary School		 Educational 8,680
Beth Jacob Grammar
School		 Educational 6,000
Total grants less than E5,000each Educational 39,250
251,550
15 Officials' pension fund account Forthe year ended fund account Forthe year ended 31August 2020
f
Balance brought forward at 01September 2019 5,650
Add: investment income
Balance carried forward at 31August 2020 5,658
Represented
by:
Pension fund investments at cost 1,472
Pension fund bank account 4,186
5,658