2023-08-31-accounts - Golders Green Beth Hamedrash Congregation

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				2023	2023	2023		2023	2023	2022
			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			21,415					21,415	19,326
	Donations			11,082		609,314			620,396	1,416,176
	Donated Gift Aid			10,496					10,496	9,876
				42,993		609,314			652,307	1,445,378
Charitable activities
	Membership contributions			206,254					206,254	207,293
	Wedding fees			1,400					1,400	2,000
	Burial society			3,657					3,657	(709)
	Shiurim, Kol Eliyahu,	siyumim,
	melave malka and receptions			21,544					21,544	15,218
	Youth activities			5,626					5,626	13,129
	Provision of ritual items			18,393					18,393	19,183
	Shul trips									23,400
				256,874					256,874	279,514
Other	trading activities
	Hire of Miriam Rachel Wohl hall			85,500					85,500	36,268
	Fund raising functions					2,921			2,921	1,064
	Year book			7,692					7,692	12,064
	Parking and office rental income			17,638					17,638	19,285
				110,830		2,921			113,751	68,681
Investments
	Property rental income			24,200					24,200	23,550
	Deposit interest receivable			1,720			294	834	2,848	78
				25,920			294	834	27,048	23,628
TOTAL INCOMING RESOURCES				436,617		612,529		834	1,049,980	1,817,201

									2023	2023	2023	2023	2023	2022
								Note	Unrestricted	Designated	Restricted	Endowment	Total	Total
									Funds	Funds	Funds	Funds	Funds	Funds
RESOURCES	EXPENDED
Raising funds
		Costs related	to	hall	hire				17,294				17,294	8,063
		Costs relating	to investment				property		3,400				3,400	3,578
		Fundraising and		publicity							345		345	660
		Year book							4,950				4,950	4,600
								1	25,644		345		25,989	16,901
Charitable		activities
		Remuneration,		expenses		and	pensions of
		Rabbonim,	chazan		and	former officials			170,312				170,312	164,027
		Ritual items,	library costs			and
		support services							23,182				23,182	15,628
		Building related		expenses					139,669		180,728		320,397	893,760
		Shiurim, Kol Eliyahu,			siyumim,
		melave malka		and	receptions				50,690				50,690	36,787
		Youth activities							6,875				6,875	14,513
		Grants and donations						14	400		604,905		605,305	661,344
		Shul trips												23,400
		Support costs						1	57,090		8,017		65,107	53,808
									448,218		793,650		1,241,868	1,863,267
TOTAL RESOURCES EXPENDED								1	473,862		793,995		1,267,857	1,880,168
Net incomin	resources before transfers								(37,245)		(181,466)	834	(217,877)	(62,967)
TRANSFERS
from Ruth		Lunzer fund to	Ladies Guild								834	(834)
to Hall renovation fund									(3,410)	3,410
from diliapidations reserve									20,000	(20,000)
Net movement in funds									(20,655)	(16,590)	(180,632)		(217,877)	(62,967)
RECONCILIATION		OF FUNDS
Tota I funds		brought forwa	rd						(122,638)	124,100	473,652	30,000	505,114	568,081
Total funds		carried forward							(143,293)	107,510	293,020	30,000	287,237	505,114


					Note				2023		2022
Fixed assets
	Tangible assets									1,385,723	1,385,723
Current	assets
	Sundry debtors		and prepayments						70,646		270,034
	Bank and cash		balances
	Restricted	and endowment		funds	8,11				275,674		254,069
	Unrestricted		funds		8,11				192,873		202,749
									539,193		726,852
Creditors
	Amounts falling due within			one year	9				97,746		67,528
Net current assets										441,447		659,324
Total net assets										1,827,170	2,045,047
Funds ofthe Charity
						Unrestricted	Designated	Restricted	Endowment	Total
						funds	funds	funds	funds	funds
	Capital fund					939,933		600,000		1,539,933	1,539,933
	Accumulated	fund				(143,293)				(143,293)	(122,638)
	Designated	funds			10		107,510			107,510		124,100
	Restricted specified funds				12			293,020		293,020		473,652
	Endowment	funds			12				30,000	30,000		30,000
						796,640	107,510	893,020	30,000	1,827,170	2,045,047

							2023	2023	2023	2023	2022
							Raising	Charitable	Support	Total	Total
						Note	funds	activities	costs	costs	costs
Remuneration expenses			and	pensions				177,774	36,595	214,369	192,418
Power and water							12,500	52,009		64,509	23,657
Maintenance, cleaning			and repairs				11,083	235,917		247,000	857,513
Insurance								12,797	900	13,697	12,597
Investment property costs							3,400			3,400	3,578
Telephone									2,175	2,175	2,291
Running costs - 49	Templars			Avenue				5,923		5,923	14,173
Printing, postage and		stationery							2,777	2,777	3,811
Shiurim, siyumim,	Kol	Eliyohu and receptions						50,690		50,690	36,787
Ritual and sundries								23,182	13,729	36,911	22,075
Year book							4,950			4,950	4,600
Audit and accountancy			fees						6,100	6,100	5,500
Youth activities and grants								7,275		7,275	14,913
Library expenditure
Grants and donations		from restricted			funds			604,905		604,905	660,944
Fund-raising functions							345			345	660
Professional fees									1,765	1,765
Shul trips											23,400
Bank charges									1,066	1,066	1,251
							32,278	1,170,472	65,107	1,267,857	1,880,168

						2023	2022
						f	E
Salaries, wages and pensions						197,911	176,386
Employer's National insurance	contributions					8,958	8,532
Pension contributions for the provision of		money-purchase		benefits		7,500	7,500
						214,369	192,418
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 of pensions paid was

The following building related expenses	The following building related expenses	The following building related expenses	allocated to	allocated to	activities	from unrestricted	funds as follows:
							2023
							Total
Air-conditioning installation and maintenance							12,082
New Succah							11,028
Carpark resurfacing,	fencing and lighting						9,007
Cleaning materials							6,289
Hall repairs							4,794
Boiler repairs and maintenance							3,960
Refuse collection							3,174
Alarm upgrades and	maintenance						2,703
CCTV upgrades and maintenance							2,358
Other repairs, maintenance, heating,		pest control,	CCTV	etc			10,877
							66,272
Expenditure during the year on the major refurbishment				ofthe	Miriam	Rachel Wohl Hall
included in restricted	fund expenses						180,728
							247,000

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								2023	2022
								E	E
Bank and cash balances	ofexternally		administered			Endowment funds		30,000	30,000
Bank and cash balances	of externally		administered			Restricted funds		154,817	165,776
Bank and cash balances	of Restricted		funds		administered		by the synagogue	90,857	58,293
Restricted and Endowment		fund bank		and	cash balances			275,674	254,069
Unrestricted bank and cash balances								192,873	202,749
								468,547	456,818
Creditors: Amounts falling due within				one	year
								2023	2022
								E	f
Accrued expenses								38,866	10,465
Other creditors								58,880	57,063
								97,746	67,528
Designated funds
								2023	2022
								f	f
Dila idations reserve
Balance brought forward		at 01September			2022			108,440	98,440
Transferred to (2022:from) unrestricted				funds				(20,000)	10,000
Balance carried forward	at 31August		2023					88,440	108,440
Hall renovation fund
Balance brought forward		at 01September			2022			15,660	14,250
Transferred from net hall		hire income		for the year				3,410	1,410
Balance carried forward	at 31August		2023					19,070	15,660
Total designated funds at		31August 2023						107,510	124,100

				Tangible	Externally	Synagogue	Debtors	Creditors	Total
				fixed	controlled	controlled
				assets	bank	bank
					balances	or cash
						E
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					12,237				12,237
The Lissauer fund					27,141				27,141
Chevrah Kadishas	and Siegmund
Plaut Memorial	fund				676	214		(2,400)	(1,510)
Yom Kippur appeal						8,182			8,182
Chomesh L'Chinuch					62,375	8,769			71,144
The Nathan and Gertrude
Rothschild Memorial		fund
Library fund						9,783			9,783
Welfare and Rav's appeals			fund		34,841	55,133	2,400		92,374
Welfare Loan fund					12,977	(6,700)	47,346		53,623
Adopt-a-Kollel					4,570	(1,863)			2,707
MRW Hall refurbishment			fund			17,195			17,195
Total Restricted and
Endowment funds				600,000	184,817	90,857	49,746	(2,400)	923,020
Unrestricted and Designated		funds		785,723		192,873	20,900	(95,346)	904,150
Total all funds				1,385,723	184,817	283,730	70,646	(97,746)	1,827,170

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Net Income	for the year, as	per the Statement of Financial Activities	(217,877)
Adjustment	for investment	income	(27,048)
Decrease in	debtors		199,388
Increase in	creditors		30,218
Net cash flow from operating activities			(15,319)

Details	of	grants and donations made are as f	ollows:
			2023	2022
Grants	to	individuals	476,655	370,724
Grants	to	institutions	128,250	290,220
			604,905	660,944

Grants made to Institutions:
	Activity:	f
Comet Charities	Education	8,350
Hasmonean High School	Education	11,600
Kollel Shaarei Simcha (Israel)	Education	17,000
Menorah Grammar School	Education	11,400
Menorah High School	Education	15,000
Menorah Primary School	Education	14,400
North-West London Mikvah	Ritual	8,200
Total grants (21)less than E7,500each	Education	42,300
		128,250

Officials' pension	Officials' pension	fund account for the year ended 31August 2023	fund account for the year ended 31August 2023	fund account for the year ended 31August 2023
				f
				5,659
Add: investment		income		17
Balance carried forward at			31August 2023	5,676
Represented	by:
Pension fund	investments		at cost	1,472
Pension fund	bank account			4,204
				5,676