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|1|Board of Management
(the Trustees) and Holding Trustees||
|2-3|Annual
report|ofthe Board of Management|
|4-5|Report ofthe|auditors|
|6-7|Statement of|financial
activities|
|8|Balance sheet|and cash flow|
|9-11|Accounting
policies||
|12-20|Notes forming|part ofthe financial statements|
|Executive|Executive|||||
|---|---|---|---|---|---|
||President||M Levenson|fromm|25 May 2022|
||||J Lebrett|to 25|May 2022|
||Vice-President||BAdler|fromm|25 May 2022|
||||M Levenson|to 25|May 2022|
||Hon. Treasurer||M Shaya|||
||Executive|member|Y Neuberger|fromm|25 May 2022|
||||BAdler|to 25|May 2022|
|Other|||M Goldschmidt|||
||||A Hackenbroch|||
||||2Joseph|to 25|May 2022|
||||J Mirwis|fromm|25 May 2022|
||||Y Neuberger|to 25|May 2022|
||||A Rosenthal|from|25 May 2022|
||||A Scher|||
|Holding|Trustees|||||
||A R Heckscher|||||
||JJacobson|||||
||D Winter|||||
|Charity|registration|number||||
||1138578|||||
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|||||2022|2022|2022|2022||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|Designated|Restricted|Endowment||Total|Total|
|||||Funds|Funds|Funds|Funds||Funds|Funds|
|INCOMING|RESOURCES||||||||||
|Income and|endowments
from:||||||||||
|Donations
and legacies|||||||||||
||Offerings
and bedek habayis|||19,326|||||19,326|22,911|
||Donations|||10,526||1,405,650|||1,416,176|662,358|
||Donated
Gift Aid|||9,876|||||9,876|9,432|
|||||39,728||1,405,650|||1,445,378|694,701|
|Charitable
activities|||||||||||
||Membership
contributions|||207,293|||||207,293|230,120|
||Wedding fees|||2,000|||||2,000|200|
||Burial society|||(709)|||||(709)|8,708|
||Shiurim,
Kol Eliyahu, siyumim,||||||||||
||melave
malka and receptions|||15,218|||||15,218|17,188|
||Youth activities|||13,129|||||13,129||
||Provision of ritual|items||19,183|||||19,183||
||Shul trips|||23,400|||||23,400|12,487|
|||||279,514|||||279,514|268,703|
|Other|trading activities||||||||||
||Hire of Miriam
Rachel Wohl hall|||36,268|||||36,268|10,853|
||Fund raising functions|||||1,064|||1,064|3,146|
||Year book|||12,064|||||12,064|6,925|
||Parking and office rental income|||19,285|||||19,285|12,600|
|||||67,617||1,064|||68,681|33,524|
|Investments|||||||||||
||Property
rental income|||23,550|||||23,550|23,400|
||Deposit interest|receivable||61||16||1|78|152|
|||||23,611||16||1|23,628|23,552|
|TOTAL INCOMING
RESOURCES||||410,470||1,406,730||1|1,817,201|1,020,480|
##
||||||||2022|2022|2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|Unrestricted|Designated|Restricted|Endowment|Total|Total|
||||||||Funds|Funds|Funds|Funds|Funds|Funds|
|||||||||E|E||||
|RESOURCES EXPENDED|||||||||||||
|Raising|funds||||||||||||
|||Costs related|to|hall hire|||8,063||||8,063|6,927|
|||Costs relating|to investment||property||3,578||||3,578|4,770|
|||Fundraising
and||publicity|||||660||660|494|
|||Year book|||||4,600||||4,600|4,580|
|||||||1|16,241||660||16,901|16,771|
|Charitable||activities|||||||||||
|||Remuneration,||expenses and|pensions of||||||||
|||Rabbonim,|chazan and former officials||||164,027||||164,027|164,075|
|||Ritual items,|library costs and||||||||||
|||support services|||||15„628||||15,628|17,431|
|||Building related||expenses|||70,553||823,207||893,760|125,624|
|||Shiurim,
Kol Eliyahu, siyumim,|||||||||||
|||melave malka||and receptions|||36,787||||36,787|20,699|
|||Youth activities|||||14,513||||14,513|4,770|
|||Grants and donations||||14|400||660,944||661,344|409,161|
|||Shul trips|||||23,400||||23,400||
|||Support costs|||||51,865||1,943||53,808|50,339|
||||||||377,173||1,486,094||1,863,267|792,099|
|TOTAL RESOURCES EXPENDED||||||1|393,414||1,486,754||1,880,168|808,870|
|Net incomin|resources before transfers||||||17,056||(80,024)|1|(62,967)|211,610|
|TRANSFERS|||||||||||||
|from Ruth||Lunzer fund to|Ladies Guild||||||||||
|to Hall|renovation
fund||||||(1,410)|1,410|||||
|to Dilapidations
reserve|||||||(10,000)|10,000|||||
|Net movement
in funds|||||||5,646|11,410|(80,023)||(62,967)|211,610|
|RECONCILIATION||OF FUNDS|||||||||||
|Total funds||brought
forward|||||(128,284)|112,690|553,675|30,000|568,081|350,328|
|Total funds||carried forward|||||(122,638)|124,100|473,652|30,000|505,114|561,938|
##
||||||Note||||2022||2021||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||||||
||Tangible assets|||||||||1,385,723|1,385,723||
|Current assets|||||||||||||
||Sundry debtors||and prepayments||||||270,034||71,711||
||Bank and cash||balances||||||||||
||Restricted|and endowment||funds|8,11||||254,069||534,970||
||Unrestricted||funds||8,11||||202,749||213,730||
||||||||||726,852||820,411||
|Creditors|||||||||||||
||Amounts
falling due within|||one year|9||||67,528||98,120||
|Net current assets||||||||||659,324||722,291|
|Total net assets||||||||||2,045,047|2,108,014||
|Funds ofthe Charity|||||||||||||
|||||||Unrestricted|Restriicted|Designated|Endowment|Total|||
|||||||funds|funds|funds|funds|funds|||
||Capital fund|||||939,933|600,000|||1,539,933|1,539,933||
||Accumulated|fund||||(122,638)||||(122,638)|(128,284)||
||Designated|funds|||10|||124,100||124,100||112,690|
||Restricted specified funds||||12||473,652|||473,652||553,675|
||Endowment|funds|||12||||30,000|30,000||30,000|
|||||||817,295|1,073,652|124,100|30,000|2,045,047|2,108,014||
|Approved|on behalf|ofthe Board of||Management|||||||||
|Signed:|||||||||||||
||M Levenson|||||||MShaya|||||
||President|||||||Hon. Treas|er||||
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||||2022|2022|2022|2022|2021|
|---|---|---|---|---|---|---|---|
||||Raising|Charitable|Support|Total|Total|
|||Note|funds|activities|costs|costs|costs|
||||f|f||||
|Remuneration
expenses and pensions||||158,710|33,708|192,418|184,433|
|Power and water|||2,500|21,157||23,657|23,290|
|Maintenance,
cleaning and repairs|||5,563|851,950||857,513|82,578|
|Insurance||||11,797|800|12,597|19,532|
|Investment
property costs|||3,578|||3,578|4,770|
|Telephone|||||2,291|2,291|3,380|
|Running costs - 49|Tem plars Avenue|||14,173||14,173|22,245|
|Printing,
postage and stationery|||||3,811|3,811|2,209|
|Shiurim,
siyumim,|melave malka and|receptions||36,787||36,787|20,699|
|Ritual and sundries||4||15,628|6,447|22,075|20,303|
|Year book|||4,600|||4,600|4,580|
|Audit and accountancy fees|||||5,500|5,500|5,500|
|Youth activities and grants||||14,913||14,913|5,169|
|Library expenditure||||||||
|Grants and donations
from restricted||funds||660,944||660,944|408,761|
|Fund-raising
functions|||660|||660|494|
|Shul trips||||23,400||23,400||
|Bank charges|||||1,251|1,251|927|
||||16,901|1,809,459|53,808|1,880,168|808,870|
##
||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f|f|
|Salaries, wages and|pensions||||||176,386|167,790|
|Employer's
National|insurance|contributions|||||8,532|9,143|
|Pension contributions|for the provision of||money-purchase||benefits||7,500|7,500|
||||||||192,418|184,433|
|The average number|offull-time
staff employed|||was|||||
|The average number|ofpart-time
staff employed|||was|||||
|During the year the number
of||employees|whose|remuneration||exceeded|||
|f60,000was|||||||||
|During the year the number
of||employees|to whom retirement|||benefits are|||
|accruing under money-purchase||schemes|was||||||
|The number ofpensions
paid was|||||||||
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||||||||||2022|
|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|
|Alarm upgrades|and|maintenance|||||||4,824|
|CCTV upgrades|||||||||2,508|
|Cleaning
materials|||||||||4,023|
|Hall repairs|||||||||889|
|Floor cleaning|machines||||||||3,404|
|Refuse collection|||||||||2,319|
|Bolier repairs and maintenance|||||||||3,882|
|Other repairs,|maintenance,||heating,|pest control,|CCTV|etc|||12,457|
||||||||||34,306|
|Expenditure
during the year|||on the major refurbishment|||ofthe|Miriam|Rachel Wohl Hall||
|included
in restricted||fund expenses|||||||823,207|
||||||||||857,513|
##
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|||||2022|2021|
|---|---|---|---|---|---|
|||||f|E|
|Audit|fee|(including|VAT)|3,000|3,000|
##
|||Freehold properties|Freehold properties|Freehold properties||Total|
|---|---|---|---|---|---|---|
|||Synagogue||use|Investment|assets|
||||||Property||
|||The Riding|49|Templars|2 Cotswold||
|||Synagogue|Avenue||Gate||
|||and hall|||||
|Nominal|value||||||
||At 01September 2021||||||
|Cost or|valuation||||||
||At 01September 2021|||785,722|600,000|1,385,722|
|Total|||||||
||At 31August 2022||1|785,722|600,000|1,385,723|
||At 31August 2021||1|785,722|600,000|1,385,723|
||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Welfare loan fund debtors|||46,218|48,706|
|Other debtors and prepayments|||32,949|23,005|
|Accrued income for the refurbishment|ofthe Miriam|Rachel Wohl Hall|190,867||
||||270,034|71,711|
##
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|||||2022|2021|
|---|---|---|---|---|---|
|||||E|E|
|Bank and cash balances ofexternally|administered|Endowment
funds||30,000|30,000|
|Bank and cash balances ofexternally|administered|Restricted funds||165,776|343,673|
|Bank and cash balances of Restricted|funds administered||by the synagogue|58,293|161,297|
|Restricted and Endowment
fund bank and cash balances||||254,069|534,970|
|Unrestricted
bank and cash balances||||202,749|213,730|
|||||456,818|748,700|
|Creditors: Amounts
falling due within one year||||||
|||||2022|2021|
|||||E|E|
|Accrued expenses||||10,465|16,490|
|Other creditors||||57,063|81,630|
|||||67,528|98,120|
|Designated
funds||||||
|||||2022|2021|
|||||E|E|
|Dila
idations reserve||||||
|Balance brought
forward at 01September 2021||||98,440|68,440|
|Transferred
from unrestricted
funds||||10,000|30,000|
|Balance carried forward at 31August|2022|||108,440|98,440|
|Hall renovation
fund||||||
|Balance brought
forward at 01September 2021||||14,250|14,054|
|Transferred
from net hall hire income for the year||||1,410|196|
|Balance carried forward
at 31August|2022|||15,660|14,250|
|Total designated
funds at 31August 2022||||124,100|112,690|
##
##
|||||Tangible|Externally|Synagogue|Debtors|Creditors|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||fixed|controlled|controlled||||
|||||assets|bank|bank||||
||||||balances|or cash||||
||||||f|f||||
|Endowment
funds||||||||||
|The Ruth Lunzer|Fund (within|||||||||
|the Ladies Guild|Fund)||||30,000||||30,000|
|Restricted
Capital fund||||600,000|||||600,000|
|Restricted specified funds||||||||||
|Ladies Guild and|Ruth Lunzer|||||||||
|Hachnosas
Kalloh fund|||||9,600||||9,600|
|The Lissauer fund|||||27,013||||27,013|
|Chevrah
Kadishas|and Siegmund|||||||||
|Plaut Memorial|fund||||1,096|3,187|||4,283|
|Yom Kippur appeal||||||2,027|||2,027|
|Chomesh
L'Chinuch|||||89,921|16,081|||106,002|
|The Nathan
and|Gertrude|||||||||
|Rothschild
Memorial||fund||||3,644|||3,644|
|Library fund||||||8,537|||8,537|
|Welfare and Rav's appeals|||fund||22,029|96,952|||118,981|
|Welfare Loan fund|||||14,218|(6,700)|46,218||53,736|
|Adopt-a-Kollel|||||1,898|109|||2,007|
|MRW Hall refurbishment|||fund|||(65,544)|203,367||137,823|
|Total Restricted and||||||||||
|Endowment
funds||||600,000|195,775|58,293|249,585||1,103,653|
|Unrestricted
and Designated||funds||785,723||202,749|20,449|(67,527)|941,394|
|Total all funds||||1,385,723|195,775|261,042|270,034|(67,527)|2,045,047|
##
##
||||||Balance|Movement|in resources|Transfers|Balance|
|---|---|---|---|---|---|---|---|---|---|
||||||01-Sep|Incoming|Outgoing|from/(to)|31-Aug|
||||||2021|||other funds|2022|
|Restricted
Capital fund|||||600,000||||600,000|
|Ruth Lunzer Hachnosas||Kalloh endowment||fund|30,000||||30,000|
|Ladies Guild|||||14,118|10,766|(15,285)||9,600|
|Lissauer fund|||||27,013||||27,013|
|Chevrah
Kadisha|||||3,990|2,160|(2,550)||3,600|
|Siegmund
Plaut fund|||||(484)|5,902|(5,040)||378|
|Ladies Chevrah
Kadisha|||||305||||305|
|Yom Kippur appeal|||||(583)|9,510|(6,900)||2,027|
|Chomesh
L'Chinuch|||||286,762|69,160|(249,920)||106,002|
|North-West
London|Mikvah||levy|||9,400|(9,400)|||
|Rothschild
Memorial|fund||||4,444||(800)||3,644|
|Library fund|||||6,583|2,755|(801)||8,537|
|Welfare Loanfund|||||53,853||(117)||53,736|
|Welfare and Rav's appeals|||fund||155,081|312,634|(348,734)||118,981|
|Adopt-a-Kollel
fund|||||2,594|23,413|(24,000)||2,007|
|MRW Hall refurbishment||fund||||961,030|(823,207)||137,823|
||||||1,183,676|1,406,731|(1,486,754)|-|1,103,653|
##
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##
|Net Income|for the year, as|per the Statement of Financial Activities|(62,967)|
|---|---|---|---|
|Adjustment|for investment|income|(23,628)|
|Increase
in|debtors||(198,323)|
|Decrease
in|creditors||(30,592)|
|Net cash flow from operating
activities|||(315,510)|
##
|Details|of|grants and donations
made are as|follows:||
|---|---|---|---|---|
||||2022|2021|
|Grants|to|individuals|370,724|357,511|
|Grants|to|institutions|290,220|51,650|
||||660,944|409,161|
|Grants made to Institutions:|||
|---|---|---|
||Activity:||
|BeisYaakov Primary School|Education|13,700|
|Comet Charities|Education|14,200|
|Hasmonean
High School|Education|32,000|
|Kollel Shaarei Simcha (Israel)|Education|24,000|
|Menorah
Grammar
School|Education|44,700|
|Menorah
High School|Education|40,000|
|Menorah
Primary School|Education|47,600|
|North-West
London
Mikvah|Ritual|9,400|
|Torah Temimah
Primary School|Education|14,620|
|Torah Vodaas|Education|11,500|
|Total grants (28) less than E7,500each|Education|38,500|
|||200,220|
##
|Notes|forming part ofthe|financial statements
for the year|financial statements
for the year|financial statements
for the year|ended 31Augus|
|---|---|---|---|---|---|
|15|Officials' pension|fund account for the year ended|||31August 2022|
||||||f|
||Balance brought|forward|at 01September 2021||5,658|
||Add: investment|income||||
||Balance carried forward||at|31August 2022|5,659|
||Represented
by:|||||
||Pension fund investments|||at cost||
||Pension fund bank account||||4,187|
||||||4,187|
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