REGISTERED COMPANY NUMBER: 01073220 (England and Wales) REGISTERED CHARITY NUMBER: 1142879
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
FOR
BETH ABRAHAM SYNAGOGUE LIMITED
STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
BETH ABRAHAM SYNAGOGUE LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
BETH ABRAHAM SYNAGOGUE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objectives of the charity are:
-
To advance and promote the practice and teaching of traditional Judaism and in particular by undertaking the continuance of the Synagogue known as the Beth Abraham Synagogue at present at 46 The Ridgeway London NW11, and by holding religious services, lectures and classes, and by employing such staff as the trustees consider necessary for the furtherance of the company's objectives and aims.
-
To raise and distribute funds for the relief of poverty.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities.
Significant activities
The charity administers the Beth Abraham Synagogue and ensures that it is managed in a legal, correct and efficient manner. The Synagogue caters for the need of traditional members of the Jewish faith. It is open every day of the year for organised prayer, and public and private learning. It organises cultural and social events and provides social welfare for those in need.
The Synagogue receives subscriptions and donations from those who wish to become members but all its facilities and services are available at no cost to anyone who wishes to utilise them.
The charity is responsible for all financial aspects of the Synagogue, both income and expenditure, and ensures the upkeep of the Synagogue building.
The charity also collects donations and distributes them to aid poverty and and to further education for deserving individuals and organisations.
FINANCIAL REVIEW
Reserves policy
The trustees have reviewed the reserves of the charity whose policy is to try to retain sufficient funds to meet all foreseeable expenditure.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a company limited by guarantee not having a share capital. It is registered with the Charity Commission (Charity Registration number 1142879).
The charity's governing instruments are its Memorandum and Articles of Association, dated 22 September 1972.
Recruitment and appointment of new trustees
New trustees are recruited and appointed by the existing trustees as required.
Organisational structure
The overall management of the charity is vested in the trustees, who regularly meet to discuss and review the charity's activities, and are assisted in their decisions by the Rabbi of the Synagogue.
Induction and training of new trustees
Any new appointment of trustees will be followed by suitable induction and training to ensure the new trustees understand the nature of the charity and their responsibilities.
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BETH ABRAHAM SYNAGOGUE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Wider network
The charity is not part of a wider network.
Related parties
There are no related parties.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01073220 (England and Wales)
Registered Charity number
1142879
Registered office
46 The Ridgeway London NW11 8QS
Trustees
W S Gilbert (deceased 7.1.26) I Heitner Dr J Schwab (appointed 1.5.26) Z M Gilbert (appointed 1.5.26)
Independent Examiner
S D Stern STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
Approved by order of the board of trustees on 19 May 2026 and signed on its behalf by:
I Heitner - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BETH ABRAHAM SYNAGOGUE LIMITED
Independent examiner's report to the trustees of Beth Abraham Synagogue Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S D Stern
STERN ASSOCIATES Chartered Accountants 2 Helenslea Avenue London NW11 8ND
19 May 2026
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BETH ABRAHAM SYNAGOGUE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 47,982 Investment income 2 56,202 Total 104,184 EXPENDITURE ON Charitable activities Advancement and promotion of traditional Judaism 112,029 Relief of poverty - Total 112,029 NET INCOME/(EXPENDITURE) (7,845) RECONCILIATION OF FUNDS Total funds brought forward 755,538 TOTAL FUNDS CARRIED FORWARD 747,693 |
Restricted fund £ 25,680 - 25,680 - 24,947 24,947 733 - 733 |
31.8.25 Total funds £ 73,662 56,202 129,864 112,029 24,947 136,976 (7,112) 755,538 748,426 |
31.8.24 Total funds £ 64,429 53,978 |
|---|---|---|---|
| 118,407 | |||
| 111,488 - |
|||
| 111,488 | |||
| 6,919 748,619 |
|||
| 755,538 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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BETH ABRAHAM SYNAGOGUE LIMITED
BALANCE SHEET 31 AUGUST 2025
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Cash at bank CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
31.8.25 £ 535,205 1,608 222,000 223,608 (10,387) 213,221 748,426 748,426 747,693 733 748,426 |
31.8.24 £ 537,889 1,492 224,383 225,875 (8,226) 217,649 755,538 755,538 755,538 - 755,538 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
BETH ABRAHAM SYNAGOGUE LIMITED
BALANCE SHEET - continued 31 AUGUST 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 19 May 2026 and were signed on its behalf by:
I Heitner - Trustee
J Schwab - Trustee
The notes form part of these financial statements
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BETH ABRAHAM SYNAGOGUE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Plant and machinery - 15% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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BETH ABRAHAM SYNAGOGUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| Rents received Deposit account interest |
31.8.25 £ 56,063 139 56,202 |
31.8.24 £ 53,775 203 |
| 53,978 |
3. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.8.25 | 31.8.24 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 2,684 | 3,158 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Employees No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS COST At 1 September 2024 and 31 August 2025 DEPRECIATION At 1 September 2024 Charge for year At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 31 August 2024 |
Freehold property £ 520,000 - - - 520,000 520,000 |
31.8.25 1 Plant and machinery £ 163,538 145,649 2,684 148,333 15,205 17,889 |
31.8.24 1 Totals £ 683,538 |
|---|---|---|---|
| 145,649 2,684 |
|||
| 148,333 | |||
| 535,205 | |||
| 537,889 |
6. TANGIBLE FIXED ASSETS
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BETH ABRAHAM SYNAGOGUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
6. TANGIBLE FIXED ASSETS - continued
Included in cost or valuation of land and buildings is freehold land of £520,000 (2024 - £520,000) which is not depreciated.
The freehold property was valued on an open market basis on 16 May 2000 by Julian Teff & Co. Chartered Surveyors.
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors Accrued expenses 9. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted funds fund £ £ Fixed assets 535,205 - Current assets 222,875 733 Current liabilities (10,387) - 747,693 733 10. MOVEMENT IN FUNDS At 1.9.24 £ Unrestricted funds General fund 492,049 Revaluation reserve 263,489 755,538 Restricted funds Poverty relief - TOTAL FUNDS 755,538 |
31.8.25 £ 1,608 31.8.25 £ 5,819 4,568 10,387 31.8.25 Total funds £ 535,205 223,608 (10,387) 748,426 Net movement in funds £ (7,845) - (7,845) 733 (7,112) |
31.8.24 £ 1,492 31.8.24 £ 5,133 3,093 8,226 31.8.24 Total funds £ 537,889 225,875 (8,226) 755,538 At 31.8.25 £ 484,204 263,489 747,693 733 748,426 |
|---|---|---|
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BETH ABRAHAM SYNAGOGUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Poverty relief TOTAL FUNDS |
Incoming resources £ 104,184 25,680 129,864 |
Resources Movement expended in funds £ £ (112,029) (7,845) (24,947) 733 (136,976) (7,112) |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Revaluation reserve TOTAL FUNDS |
At 1.9.23 £ 485,130 263,489 748,619 748,619 |
Net movement in funds £ 6,919 - 6,919 6,919 |
At 31.8.24 £ 492,049 263,489 |
|---|---|---|---|
| 755,538 | |||
| 755,538 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 118,407 118,407 |
Resources Movement expended in funds £ £ (111,488) 6,919 (111,488) 6,919 |
|---|---|---|
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BETH ABRAHAM SYNAGOGUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025
10. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Revaluation reserve Restricted funds Poverty relief TOTAL FUNDS |
At 1.9.23 £ 485,130 263,489 748,619 - 748,619 |
Net movement in funds £ (926) - (926) 733 (193) |
At 31.8.25 £ 484,204 263,489 |
|---|---|---|---|
| 747,693 733 |
|||
| 748,426 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Poverty relief TOTAL FUNDS |
Incoming resources £ 222,591 25,680 248,271 |
Resources Movement expended in funds £ £ (223,517) (926) (24,947) 733 (248,464) (193) |
|---|---|---|
The poverty relief fund, which is a Restricted fund, is used for collection and distribution of monies for the relief of poverty.
11. RELATED PARTY DISCLOSURES
No transactions between the charity and related parties have occurred during the period under review, other than routine transactions pursuant to the charity's normal activities, separate disclosure of which is not required.
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BETH ABRAHAM SYNAGOGUE LIMITED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations and subscriptions Subscriptions Burial Society income Investment income Rents received Deposit account interest Total incoming resources EXPENDITURE Charitable activities Wages Clerical accommodation Water rates Insurance Light and heat Repairs and maintenance Social functions Sundries Laundry and cleaning Postage Telephone Depreciation of plant and machinery Grants to institutions Grants to individuals Support costs Finance Bank charges Governance costs Accountancy fees Total resources expended Net (expenditure)/income |
31.8.25 £ 53,200 19,686 776 73,662 56,063 139 56,202 129,864 13,100 36,400 756 3,101 15,965 6,586 9,709 403 9,257 93 673 2,684 11,533 24,947 135,207 89 1,680 136,976 (7,112) |
31.8.24 £ 41,911 23,486 (968) 64,429 53,775 203 53,978 118,407 9,750 36,400 570 2,757 16,127 3,503 8,401 35 6,876 - 714 3,158 21,813 - 110,104 184 1,200 111,488 6,919 |
|---|---|---|
This page does not form part of the statutory financial statements
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