COMPANY REGISTRATION NUMBER: 9219225 CHARITY REGISTRATION NUMBER: 1159055
Three Counties Liberal Jewish Community Ltd Company Limited by Guarantee Unaudited Financial Statements 31 August 2024
Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Financial Statements
Year ended 31 August 2024
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 4 |
| Statement of financial activities (including income and | |
| expenditure account) | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 14 |
Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 August 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2024.
Reference and administrative details
Registered charity name Three Counties Liberal Jewish Community Ltd Charity registration number 1159055 Company registration number 9219225 Principal office and registered Connemara High Street office St. Briavels Lydney GL15 6TD The trustees Mr Mark Walton (Chair from 28/01/2024) Ms Reynolds (Treasurer) Mr Raoul Smith (Secretary – appointed 28/01/2024) Dr Natalie Towle (Chair until 28/01/2024) Mr Henry Naydorf Mrs Louise Radford Ms Lily Sutton Mrs Hazel Phillips Mrs Charlotte Hough Mrs Pat Wakely
Structure, governance and management
Nature of Governing Document
Three Counties Liberal Jewish Society (3CLJC), previously known as the Gloucestershire Liberal Jewish Community, is a company limited by guarantee, incorporated on 15 September 2014 and governed by articles of association.
Recruitment and Appointment of Trustees
Trustees, who are also directors for the purposes of company law, are recruited from members and are elected at the Annual General Meeting. The Council of trustees may co-opt trustees to fill vacancies. These council members must apply for election at the next Annual General Meeting.
Risk Policy
It is the policy of the trustees to review all risks on regular basis. Each review seeks to establish that all risks are documented and that steps to mitigate such risks are established and executed. As a result of this process, the trustees are satisfied that residual risks are minimal.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 August 2024
Objectives and activities
The trustees confirm that they have referred to the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
Mission statement
3CLJC is an inclusive Liberal Jewish Community. We offer Jewish services and life cycle events; a religion school for children and adult education. 3CLJC has a wonderful community spirit and provides the opportunity to socialise with others interested in Judaism.
About 3CLJC
3CLJC was formed from the merger of the former Gloucestershire Liberal Jewish Community and the Herefordshire Jewish Community. We are a friendly community of just under two hundred souls of all ages and are mainly spread across the three counties of Gloucestershire, Herefordshire and Worcestershire and to counties beyond! We are committed to the pursuit of peace, social justice, care for the environment and inter-faith understanding.
Membership and Conversion
We welcome into membership all those who want to share in Jewish worship, study and community. It is not necessary to have any Jewish connection or indeed to have any Jewish family members in order to become a member of 3CLJC. We welcome couples from mixed marriages and our community includes many families where only one adult is Jewish. Children in mixed families are recognised as Jewish. We support non Jewish members who wish to begin the process of conversion.
Services, Meetings and Social Events
We typically hold services at fortnightly intervals throughout the year In addition we observe the major festivals and family life cycle events. Our services are conducted in Hebrew and English and men and women participate equally in all that we do.
Social events such as rambles, quizzes, coffee mornings, Friday night dinners and events for young adults are a feature of our social calendar.
Membership Contributions
We do not have a fixed annual subscription but ask that members contribute what they can afford given their personal circumstances.
Financial review
General
The results for the year are given in the Statement of Financial Activities on page 5.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 August 2024
Reserves Policy
Reserves are held to ensure the charity is well placed to meet future demands on its resources. Unrestricted Reserves as at 31st August 2024 were £38,590 and the trustees consider the level of reserves to be adequate.
Plans for future periods
The charity plans to continue to pursue and develop its activities for the foreseeable future.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 26[th] November 2024 and signed on behalf of the board of trustees by:
Ms Karen Reynolds (Treasurer) Trustee
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Three Counties Liberal Jewish Community Ltd
Year ended 31 August 2024
I report to the trustees on my examination of the financial statements of Three Counties Liberal Jewish Community Ltd ('the charity') for the year ended 31 August 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the 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:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
-
the financial statements 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
-
the financial statements 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.
Michael Bull Bsc FCA Independent Examiner
BPC Partners Ltd Chartered Accountants 3 Royal Crescent Cheltenham Gloucestershire GL50 3DA
Date: 6[th ] January 2025
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 August 2024
| Period from | |||||
|---|---|---|---|---|---|
| 1 Oct 22 to | |||||
| Year | to 31 Aug | 24 | 31 Aug 23 | ||
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 36,134 | 4,000 | 40,134 | 28,454 |
| Charitable activities | 6 | 2,314 | – | 2,314 | 1,740 |
| Investment income | 7 | 225 | – | 225 | – |
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| Total income | 38,673 | 4,000 | 42,673 | 30,194 | |
| ============================ | ======================= | ============================ | ============================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 8,9 | 35,851 | 4,800 | 40,651 | 27,386 |
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| Total expenditure | 35,851 | 4,800 | 40,651 | 27,386 | |
| ============================ | ======================= | ============================ | ============================ | ||
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| Net income | 2,822 | (800) | 2,022 | 2,808 | |
| ============================ | ======================= | ============================ | ============================ | ||
| Transfers between funds | (800) | 800 | – | – | |
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| Net movement in funds | 2,022 | – | 2,022 | 2,808 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 36,568 | – | 36,568 | 33,760 | |
| ---------------------------- | ----------------------- | ---------------------------- | ---------------------------- | ||
| Total funds carried forward | 38,590 | – | 38,590 | 36,568 | |
| ============================ | ======================= | ============================ | ============================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 7 to 12 form part of these financial statements.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Statement of Financial Position
31 August 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 13 | 5,667 | 4,430 |
| Cash at bank and in hand | 35,706 | 33,034 | |
| ---------------------------- | ---------------------------- | ||
| 41,373 | 37,464 | ||
| Creditors: amounts falling due within one year | 14 | 2,783 | 896 |
| ---------------------------- | ---------------------------- | ||
| Net current assets | 38,590 | 36,568 | |
| ---------------------------- | ---------------------------- | ||
| Total assets less current liabilities | 38,590 | 36,568 | |
| ---------------------------- | ---------------------------- | ||
| Net assets | 38,590 | 36,568 | |
| ============================ | ============================ | ||
| Funds of the charity | |||
| Unrestricted funds | 38,590 | 36,568 | |
| ---------------------------- | ---------------------------- | ||
| Total charity funds | 16 | 38,590 | 36,568 |
| ============================ | ============================ |
For the year ending 31 August 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 26[th] November 2024, and are signed on behalf of the board by:
Ms Reynolds (Treasurer) Trustee
The notes on pages 7 to 12 form part of these financial statements.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 August 2024
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Connemara High Street, St. Briavels, Lydney, GL15 6TD.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
4. Limited by guarantee
The liability of the Members of the Charity is limited.
Every Member of the Charity promises, if the Charity is dissolved while he or she is a member of within twelve months after he or she ceases to be a Member of the Charity, to contribute such sum (not exceeding £1) as may be demanded of him or her towards the payment of the debts and liabilities of the Charity incurred before he or she ceases to be a Member of the Charity, and of the costs charges and expenses of winding up, and the adjustment of the right of the contributors among themselves.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Membership | 28,257 | – | 28,257 |
| Gift aid | 5,667 | – | 5,667 |
| Donations | 2,210 | – | 2,210 |
| Grants | |||
| Grants receivable | – | 4,000 | 4,000 |
| ---------------------------- | ----------------------- | ---------------------------- | |
| 36,134 | 4,000 | 40,134 | |
| ============================ | ======================= | ============================ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Membership | 23,899 | – | 23,899 |
| Gift aid | 4,430 | – | 4,430 |
| Donations | 125 | – | 125 |
| Grants | |||
| Grants receivable | – | – | – |
| ---------------------------- | -------------- | ---------------------------- | |
| 28,454 | – | 28,454 | |
| ============================ | ============== | ============================ |
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
6. Charitable activities
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Event income | 2,314 | 2,314 | 1,740 | 1,740 | |
| ======================= | ======================= | ======================= | ======================= | ||
| 7. | Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Bank interest receivable | 225 | 225 | – | – | |
| ============== | ============== | ============== | ============== | ||
| 8. | Expenditure on charitable activities by fund type | ||||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Charitable activities | 35,248 | 4,800 | 40,048 | ||
| Support costs | 603 | – | 603 | ||
| ---------------------------- | ----------------------- | ---------------------------- | |||
| 35,851 | 4,800 | 40,651 | |||
| ============================ | ======================= | ============================ | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Charitable activities | 26,966 | – | 26,966 | ||
| Support costs | 420 | – | 420 | ||
| ---------------------------- | -------------- | ---------------------------- | |||
| 27,386 | – | 27,386 | |||
| ============================ | ============== | ============================ | |||
| 9. | Expenditure on charitable activities by activity type | ||||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Charitable activities | 40,048 | – | 40,048 | 26,966 | |
| Governance costs | – | 603 | 603 | 420 | |
| ---------------------------- | -------------- | ---------------------------- | ---------------------------- | ||
| 40,048 | 603 | 40,651 | 27,386 | ||
| ============================ | ============== | ============================ | ============================ |
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
10. Independent examination fees
| Period from | ||
|---|---|---|
| Year to | 1 Oct 22 to | |
| 31 Aug 24 | 31 Aug 23 | |
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 420 | 420 |
| ============== | ============== |
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| Period from | Period from | ||
|---|---|---|---|
| Year to | 1 Oct 22 | to | |
| 31 Aug 24 | 31 Aug | 23 | |
| £ | £ | ||
| Wages and salaries | 20,986 | – | |
| Employer contributions to pension plans | 1,382 | – | |
| ---------------------------- | -------------- | ||
| 22,368 | – | ||
| ============================ | ============== |
The average head count of employees during the year was 1 (2023: Nil).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
12. Trustee remuneration and expenses
Trustees received no expenses, remuneration or benefits in this period. (2023 - nil)
The charity benefits from the time given by unpaid volunteers in the furtherance of the Charity's activities and objectives.
13. Debtors
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Other debtors | 5,667 | 4,430 | |
| ======================= | ======================= | ||
| 14. | Creditors: amounts falling due within one year | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Accruals and deferred income | 419 | 896 | |
| Social security and other taxes | 421 | – | |
| Other creditors | 1,943 | – | |
| ----------------------- | -------------- | ||
| 2,783 | 896 | ||
| ======================= | ============== |
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 August 2024
15. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,382 (2023: £Nil).
16. Analysis of charitable funds
Unrestricted funds
| At | At | ||||||
|---|---|---|---|---|---|---|---|
| 1 | September | 31 | August 20 | ||||
| 2023 | Income | Expenditure | Transfers | 24 | |||
| £ | £ | £ | £ | £ | |||
| General funds | 36,568 | 38,673 | (35,851) | (800) | 38,590 | ||
| ============================ | ============================ | ============================ | ============== | ============================ | |||
| At | At | ||||||
| 1 | October 20 | 31 | August 202 | ||||
| 22 | Income | Expenditure | Transfers | 3 | |||
| £ | £ | £ | £ | £ | |||
| General funds | 33,760 | 30,194 | (27,386) | – | 36,568 | ||
| ============================ | ============================ | ============================ | ============== | ============================ |
Restricted funds
| Restricted funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| At | At | ||||||||
| 1 | September | 31 | August | 20 | |||||
| 2023 | Income | Expenditure | Transfers | 24 | |||||
| £ | £ | £ | £ | £ | |||||
| Purchase of Mobile Ark | – | 4,000 | (4,800) | 800 | – | ||||
| ============== | ======================= | ======================= | ============== | ============== | |||||
| At | At | ||||||||
| 1 | October | 20 | 31 | August 202 | |||||
| 22 | Income | Expenditure | Transfers | 3 | |||||
| £ | £ | £ | £ | £ | |||||
| Purchase of Mobile Ark | – | – | – | – | – | ||||
| ============== | ============== | ============== | ============== | ============== |
The community purchased a mobile ark cost that cost £4,800 but was funded by a grant of £4,000.
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Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Management Information
Year ended 31 August 2024
The following pages do not form part of the financial statements.
13
Three Counties Liberal Jewish Community Ltd
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 August 2024
| Period from | ||
|---|---|---|
| Year to | 1 Oct 22 to | |
| 31 Aug 24 | 31 Aug 23 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Membership | 28,257 | 23,899 |
| Gift aid | 5,667 | 4,430 |
| Donations | 2,210 | 125 |
| Grants receivable | 4,000 | – |
| ---------------------------- | ---------------------------- | |
| 40,134 | 28,454 | |
| ---------------------------- | ---------------------------- | |
| Charitable activities | ||
| Event income | 2,314 | 1,740 |
| ----------------------- | ----------------------- | |
| Investment income | ||
| Bank interest receivable | 225 | – |
| -------------- | -------------- | |
| ---------------------------- | ---------------------------- | |
| Total income | 42,673 | 30,194 |
| ============================ | ============================ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Wages and salaries | 20,986 | – |
| Pension costs | 1,382 | – |
| Rabbi expenses | 1,594 | |
| Guest and Student Rabbi | – | 16,012 |
| Venue hire | 1,544 | 1,214 |
| Insurance | 293 | 476 |
| General expenses | 1,065 | 1,043 |
| Legal and professional fees | 603 | 420 |
| Mobile Ark | 4,800 | – |
| Liberal Judaism | 5,235 | 4,950 |
| Website, media and IT | 594 | 574 |
| Event expenses | 2,555 | 2,697 |
| ---------------------------- | ---------------------------- | |
| 40,651 | 27,386 | |
| ---------------------------- | ---------------------------- | |
| ---------------------------- | ---------------------------- | |
| Total expenditure | 40,651 | 27,386 |
| ============================ | ============================ | |
| ---------------------------- | ---------------------------- | |
| Net income | 2,022 | 2,808 |
| ============================ | ============================ |
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