Charity number: 1154188
WESTERN MARBLE ARCH SYNAGOGUE
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

WESTERN MARBLE ARCH SYNAGOGUE
CONTENTS
Page
Legal and administrative information of the Charity
Trustees. Report
Independent Examiner's Report
ststement of Financial Activities
8alance Sheet
Notes to the Financial Statements
8-13

WESTERN MARBLE ARCH SYNAGOGUE
LEGAL AND ADMINISTRATIVE INFORMATION OF THE CHARITY
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
The Westem Charitsble Foundats'on
1 Wallenberg Place Ltd
Charlty reglstered
number
1154188
Prlnclpal offlce
1 Wallenberg Pla
Great Cumberland Pla
London
W1H 7TN
Independent Examlners BKL Audit LLP
Chartered Accountants
35 Ballards Lane
London
N3 1XW
Page 1

WESTERN MARBLE ARCH SYNAGOGUE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their 8nnual report and financial statements for the year ended 31 December 2022.
The financial statements have been prepared in accordance with the aceounting policies sel out in note 2 to the
financial statements and comply with the Charity's goveming document, the Charities Act 2011 and "Accounting
and Reporting by Charities". Statement of Recommended Practice applicable lo charities p￿paring their
accounts in accordance with the Finanei81 ReFlOrting Standard applicable in the UK and Republic of Ireland
IFRS 1021" leffeetive 1 J8nu8ry 20191.
Objectives and activities
The assets of the charity are used for the benefit of the Charitable Company, The Westem Marble Arch
Synagogue, as a place of worship, and for ￿ ligious activities, 8nd for commun81 events and activities.
As 8 result of the transfer of assets lo the Charitable Company on 1 January 2018, the charity had no free
reserves al the year end. The reserves balance of £857,167 at the year end is represented by the nel book
Value of the Propety. All running costs of the Propety are borne by the Charitable Company.
The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
Public benefit is provided in the form of the multifarious 8elivilies of The Westem M8rble Arch sYn8g(￿Ue
Carried out al the Property particulady..
Members of the public are welcome al all S8bb8th and festlV81 setviees conducted at the Synagogue.
The Synagogue is a meeting place for other Jewish organisalions, and generally lo the wider public.
Members of the public are also invited to and welcome at cultural and social events held al the Synagogue.
The Synagogue ￿acheS out lo school children regardless of faith in organising educational visits to the
Synagogue
-The Synagogue provides eouples with an appropriate location for their marriage.
Achievements and performance
Following the reorganisalion on 1 January 2018 and transfer of ordinary activities to the Charity Company, the
charity has remained inactive, other than holding the Propety. During the year the charity received rental
income of £40,01312022. £36,3541, of which £36,56912022. £29,0621 was donated lo the Charitable Company.
At the year end, the charity had unreslricled funds of £857, 167.
Financial review
Principal risks and uneertainties
The trustees have identified and actively reviewed the following major risks to which the charity is exposed".
Health and Safety,
- Security
Normal Employment and public liability risks,
Reputational risks arising from inadents in the above categories
The trustees are satisfied that systems and procedures are in pl8ee to mitigate exposure to the major risks
wherever possible.
Security
The major risk lo the charity is that of security of the Property. In order to counteract such risk as far as
practically possible, the Trustees have delegated responsibility for the Property lo the Charitable Company,
which carries on continuous review and renewal of ils security systems, security staffing and equipment in
conjunction with the Community Security Trust. The security 8rr8ngements are now managed by 1st Class
Proleelion.
Insurances are maintained by and 8t the expenses of the Charitable Company.
The charity p18ns to continue holding the property for the use of The Western Marble Areh Synagogue in
Carrying out its day to day activities.
Page 2

WESTERN MARBLE ARCH SYNAGOGUE
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
structure, governance and management
Constitution
Western Marble Synagogue is an unincorporated charity and was registered with the Charity Commission on 14
October 2013, registration number 1154188.
The address of the charity is noted within the legal and administrative information page, at the beginning of the
accounts.
Change to the Synagogue's Constitution and Legal Structure
At an Extraordinary General Meeting on 9 February 2015 the members approved the transfer of the charity's
nel assets Iwilh the exception of the freehold property), members and activities to The Western Marble Arch
Synagogue I'the charitable company") which is a company limited by guarantee, company number 09589315
and charity number 1167711.
Apart from its freehold land and synagogue building at 1 Wallenberg Place, Great Cumberfand Place, London,
W1 H 7TN Ilogether referred lo as "the Propertl'l all assets, liabilities and functions of the charity (number
11541881 were transferred lo the Charitable Company effective from midnight 1 January 2018. Pending
resolution of certain mallers affecting the Property, the charity Inumber 11541881 continues to own it.
The Propety continues lo be used for the purposes and benefit of the congregation of The Western Marble
Arch Synagogue under ils new formal as a charitable company.
Oryanisational Structure
Since the transfer of activities and members to the Charitable Company, the charity has no activities itself apart
from owning the Property, which is held by the Trustees on ils behalf. The original Iruslees were appointed by
the Board of Management of the charity, which no longer exists. During the year 2019 the Trustees were
Harold Pasha and Richard Minlz OBE. Following the death of Richard Mintz in the previous year, Harold Pasha
appointed The Western Charitable Foundation, a charity closely associated with The Western Marble Arch
Synagogue, to be the Iruslee of the freehold land and buildings on behalf of the charity, in his place.
Subsequently Harold Pasha resigned as a Iruslee and was repla￿d by 1 Wallenberg Place Limited, whose
directors are Harold Pasha, Colin Jaque and Anthony Yadgaroff, who are all members of The Western Marble
Arch Synagogue.
Membership
On 1 January 2018 all the members of the charity were transferred to the Charitable Company, and the charity
ceased to have any members.
The trustees who served during the year and up to the date of signature of the financial statements were..
The Western Charitable Foundation
1 Wallenberg Place Ltd
New Iruslees are appointed in accordan￿ with section 36 of the Trustee Act 1925, and will be recruited from
people or bodies closely associated with The Western Marble Arch Synagogue.
The day lo day management of the Property is carried out by the adminislralion team of the Charitable
Company.
statement of trustees. responsibilities
The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards {Uniled Kingdom Generally Accepted
Accounting Praclicel.
The law applicable to charities in England & Wales requires the Trustees lo prepare financial statements for
Page 3

WESTERN MARBLE ARCH SYNAGOGUE
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
each financial year which give a true and fair view of the slate of affairs of the Charity and of ils incoming
resources and application of resources, including its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required lo..
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles of the Charities SORP IFRS 1021.,
Make judgements and accounting estimates that are ￿aSOnable and prudent,
Stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the financial slatemenls., and
Prepare the financial statements on the going concern basis unless it is inapproprirate to presue that the
Chartiy will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy al any lime the financial position of the Charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
H. Pasha
On behalf of The Western Charitsble Foundation
Dale.. 3011012024
Page 4

WESTERN MARBLE ARCH SYNAGOGUE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent Examinerfs Report to the Trustees of Western Marble Arth Synagogue Ilhe
Charity'l
I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 31
December 2023.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the prepar8tion of the accounts in 8ecord8nce with the
requirements of the Charities Act 2011 I'the 2011 ACVI.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515llbl 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 lo believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the accounts do not accord with those records", or
the accounts do not comply with the applicable requirements Con￿rning the form and content of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
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 lo enable a proper understanding of the accounts lo be
reached.
This report is made solely to the Charity's Trustees, as a body, in aecord8nce with Part 4 of the Charities
IAecounts and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the Charity's
Trustees those matters l am required to slate to them in an Independent Examiner's Report and for no other
purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility to anyone other than
the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
Dated.. 3011012024
lan Saunderson FCA
BKL Audit LLP
35 Ballards Lane
London
N3 1XW
Page 5

WESTERN MARBLE ARCH SYNAGOGUE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Total
funds
2023
Tot81
funds
2022
Note
Income from:
Investments
40.013
40.013
36,354
Total incomg
40.013
40.013
36.354
Expenditure on:
Raising funds
Charitable activities
7,292
29,062
36.569
36,569
Total expenditure
40.013
40.013
36,354
Net movement in funds
Reconciliation of funds..
Total funds brought forward
857,167
857,167
851. 167
Total funds carried forward
857.167
857.167
857. 167
The Statement of Financial Activities includes all gains and losses recognised in the ye8r.
The notes on pages 8 10 13 form part of these financial statements.
Page 6

WESTERN MARBLE ARCH SYNAGOGUE
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Fixed assgts
Tangible assets
Current assets
857,167
857, f 67
Debtors
13.958
13,958
Creditors.. amounts falling due within one
year
113,9581
(73,958)
Net current assots
Total assets less current liabilities
857.167
857. 167
Total net assets
857,167
857, 167
Charity funds
Unrestricted funds
857,167
857, 167
Total funds
857,167
857. 167
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
H. Pasha
On behalf of The Western Charitable Foundation
Dale.. 3011012024
The notes on pages 8 10 13 form part of these financial slatemenls.
Page 7

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
General information
Westem Marble Arch Synagogue is an unincorFX)f8ted charity. The princip818ddress is 1 Wallenberg
Place, Great Cumberland Place. London, W1 H 7TN.
Aecounting policies
2.1 Accounting convention
The financial stslemenls have been prepared in accordance with the charity's governing document,
the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland l FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities..
Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance
with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021"
leffeclive 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a
Statement of Cash Flows.
The financial statements are prepared in sterling. which is the functional currency of the charity.
Monetary amounts in these financial ststemenls are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention. The principal
accounting policies adopted are sel out below.
2.2 Going concern
The trustees are confident that the charity can continue as a going concern for a period of al least
elve months from the date of approval of these financial statements. The trustees have a
reasonable expectation that the charity has adequate resources to continue In operation for the
foreseeable future.
2.3 Charitable fund
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their
charitable objectives.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
2.4 Income
Income is recognised when the charity is legally entitled lo it after any performan￿ conditions have
been mel, the amounts can be measured reliably, and it is probable that income will be received.
Investment income Irentsl incomel is recognised on a receivable basis.
2.5 Expenditure
Expenditure is recognised as resources expended as soon as there is a legal and constructive
obligation committing the Synagogue to the expenditure. All expenditure is accounted on an accrual
basis.
Grants payable are recognised al the earlier of the grant being paid or commitment lo pay the grant
to the recipient,
Page 8

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies Itontinuedl
2.6 Tangible fixed asset
Tangible fixed assets 8re staled at cost.
Freehold land is not depreciated and no depreciation is provided on the cost of the building because
it is the Iruslees, assessment that the residual value of the land and buildings exceeds the book
value.
2.7 Impairment of fixed asset
Al e8eh ￿PortIng end dale, the charity reviews the carrying amounts of its tangible assets lo
determine whether there is any indication that those assets have suffered an impairment loss. If any
such indication exists, the recoverable amount of the asset is estimated in order to determine the
extent of the impairment loss lif any).
2.8 Critical accounting estimates and judgements
The trustees are satisfied that there are no critical aceounling estimates and judgements in the
financial statements
Investment ineome
Unrestricted
funds
2023
Total
funds
2023
Rent receivable
40,013
40.013
Unrestricted
funds
2022
Total
funds
2022
Rent receivable
36,354
36.354
Page 9

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Raising funds
Unrestricted
funds
2023
Total
funds
2023
other fundraising costs
3,444
3.444
Unrestricted
funds
2022
Total
funds
2022
Other fundraising costs
7,292
7.292
Charitable Activities
Unrestricted
funds
2023
Total
funds
2023
Grants to inslitulion..
The Western Marble Arch Synagogue
36,569
36.569
Unrestricted
funds
2022
Total
funds
2022
Grants to inslitulion..
The Western Marble Arch Synagogue
29, 062
29,062
Page 10

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Tangible fixed assets
Freehold
property
Cost or valuation
At 1 January 2023
857.167
At 31 December 2023
857,167
Net book value
At 31 December 2023
857,167
At 31 De￿mber 2022
857,167
Debtors
2023
2022
Due within one year
Trade debtors
Other debtors
9,889
4,069
10,313
3,645
13,958
13,958
Creditors: Amounts falling due within one year
2023
2022
Deferred income
13,958
13.958
Page11

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement of funds
Statement of funds - current year
Balance at
31
December
2023
Balance at 1
January
2023
Income Expenditure
Unrestricted funds
General Funds - 811 funds
857,167
40,013
40,0131
857,167
Statement of funds - prior year
Balance at
31
December
2022
Balancg al
1 January
2022
Income Expenditure
Unrestricted funds
General Funds
857,167
36,354
(36,354)
857. 167
Page 12

WESTERN MARBLE ARCH SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
10.
Analysis of net assets between funds
Anatysis of net assets between funds - current year
Unrestricted
funds
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due within one year
857,167
13,958
{13,9581
857,167
13.958
113.9581
Total
857,167
857,167
Analysis of net assets between funds - prior year
Unreslricled
funds
2022
Total
funds
2022
Tangible fixed assets
Current assets
857, 167
13,958
(13, 958)
857, 167
13.958
Creditors due within one year
113,958)
Totsl
857, 167
857, 767
11. Related party transactlons
The Western Marble Arch sYnag￿ue is considered a related paty due to its association with the charity,
as explained in the Trustees, report.
The Westem Marble Arch Synagogue occupies, rent-free, the property owned by the charity, and
furthermore, the charity gave a grant of £36,56912022.' £29,062) lo the Synagogue.
All running costs of the propety are borne by the Synagogue.
Page 13