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2020-12-31-accounts

Page No
Introduction
Directors and Trustees
Legai and Administrative Information
Nanative Information 5-8
Auditors' Report 9-11
Financial Statements 12-23

Chairman: LS Chadwick To 8 September 2020
A H Grant From 8 September 2020
Vice Chairman: SA Noble From 8 September 2020
Honorary Secretary Mrs CY Chadwick
Honorary Treasurer Mrs A H Banks
President D Safir From 8 September 2020
Joint President SA Noble To 8 September 2020
D Safir To 8September 2020
Members ofCouncil LS Chadwick From 8 September 2020
RGoldsmith To 8 September 2020
A H Grant Tc8 September 2020
JHighfield
D lvlartin
M A Newman
Mrs JENobte From 8September 2020
MKReik From 8 September 2020
SRoos
Mrs MA Singer To 8 September 2020
Dr D Wyman From 8 September 2020

General Resmcted Total Funds Total Funds
Notes Funds Funds 2020 2019
f. r f
Incoming Resources from General Funds
Voluntary
Income
Subscriptions
receivable		 203/97 203,597 197,002
Income tax rec)aims on subscriptions 37,934 37,934 37,112
Grants and donations 3 12,750 27,149 39,899 29,047
Income tax reclaims an donanons 3 1,641 3,429 5,070 5,670
Activides for Genenumg Funda 4 20,625 20,625 25,628
Investment
Income		 4 85 85 185
incoming
fiom Charitable		 Activities 4 3,534 3,534 4,686
Furlough
money receival		 15,544 15,544
Total Incoming Resources 295,710 3D,578 326/88 299,330
Resoarces Expended
Charitable
Activities:
Reform Judaism (UK) assessment 5 33,678 33,678 44,828
Jewish Joint Burial society 25,525 25,525 26263
Premises costs 6 42,492 42,492 53225
Religious services and pastond casts 7 103,098 103,098 104,460
Communal
expenses		 S 5399 5499 4,557
Education 9 12,104 12,104 6,820
General expmses 10 2359 60 2,319 3,093
Grants and donatiom 11 1,738 26,410 28,14S 14,686
MJC Costs 39,996 39,996 40.190
266,189 26,470 292,659 298,122
Governance costs:
Audit Fm 3,800 3,800 2,670
269,989 26,470 296,459 300,792
Net Movements
in Funds before		 25,721 4,108 29,829 (1,462)
transfers
Transfers
between
funds
25,721 4,108 29,829 (1,462)
Balances bought
forward		 at I Jaauary 2020 34,361 219,420 253,781 255243
Balances carried fanvard at 31 December 560,082 6223,528 f283.610 f253,781
2020

2020 2019
Notes f.
FIXEDASSETS
Tangible Assets 15 258,068 258,851
258,068 258,851
CURRENT ASSETS
Stock 200 200
Debtors 16 17,687 14,158
Cosh at bank and in hand 140,413 145,545
158,300 159,903
CREDITORS
Amounts
falling		 due within one year 17 (77,668) (90,311)
NET CURRENT ASSETS 80,632 69,592
TOTAL ASSETSLESSCURRENT 338,700 328,443
LIABILITIES
Amounts
falling		 due in more than one year 17 (55,090) (74,662)
NET ASSETS 6283,610 f253,781
FUNDS
Unrestricted 60,082 34,361
Restricted 223,528 219,420
NET RESERVES f283,610 E253,781

2020 2019f
Net cash provided
by operating
activities:		 (5,217) 2,981
Cash flows from investing
activities:
Bank interest 85 185
purchase oftangible fixed assets
Net assets introduced
Net cash provided
by investing
activities		 85 185
Change ia cash and cash equivalents ln the year (5,132) 3,166
Cash and cash equivalents
brought		 forward 145,545 142,379
Cash and cash equivalents
carried		 forward f140,413 6145,545
Reconciliation
ofNet Movement ia		 Funds to Net Cash Flows from Operating
Acthdties
Net movement
in funds:		 29,829 (1,462)
Adjustments
for:
Depreciation
charges		 783 988
Interest income shown
in Investing		 acuvities (85) (I85)
Decrease/(increase)
in debtms		 (3,529) 8,263
(Decrease)/increase
in creditors		 (32,215) (4,623)
Decrease/(increase)
in stock
Net cash provided
by operating		 activities K(5,217) 62,98I

Balance at Income Transfers Outgoing Balance at
January
I		 ln/(Ont) December 31
2020 2020f
High Holy Day appeals 3,838 16,019 (19,498) 359
Board ofDeputies contributions 7,344 3,840 (5.000) 6,184
Building
fund		 IBI,D96 181,096
Other funds 27,142 10,719 (1,972) 35,889
Total Restricted Funds 219,42D 30,578 (26,470) f223,528
Anal
sis		 ofnet Assets Between Funds
Fixed Net Current Deferred Total
Assetsf Assets Creditors
Restricted funds 181,333 42,195 223,528
Unrestricted funds 76,735 38,437 (55,090) 6D,D82
258,068 80,632 (55,090) f283,610

2020 2019
f
Balance at I January 36,251 39,251
Grants paid to Rabbinic trainees (3,000)
Grant to LeoBseck College (1,000)
Balance at 31 December f35,251 f36,251

2020 2019
f. E
Hall hire revenue 20,625 25,628
Wedding
fees		 850
Surplus/(deficit)
from Judaica shop		 (4)
20,809 26,474
Investment
Income:
Interest Receivable 85 185
Charitable
Activities:
Fees and donations for Reliy'on School and related activities 3,210 3,640
Kiddusbim
charges		 I40 200
3,350 3,840
Total Other Income E24,244 E30,499

remises C osts
2020 2019
Caretaking and housekeeping 27,706 36,960
Utilities 10,029 12,531
Repairs and maintenance 4,757 3,734
Total Premises costs f42,492 f53,225

Personnel 103,098 104,190
High Holy Day and other costs 270
Total Services costs f103,098 f104,460
8. C~IE*
Kiddushim
costs		 1,072 1,421
Other communal events and expenses 4,227 3.136
Total Communal expenses f5,299 f4,557
~Kdncatl
n
Personnel 11,580 6,820
Other education expenses 524
Total Education expenses f12,104 f6,820
ID. G~HE*
2020f 2019
f.
OfFice running costs 317 566
Bank charges 853
insurance
premiuuts		 366 366
Depreciation.
'
General Fund 842
Restricted Fund 57 71
Other expenses 329
Total Office and Adniinistration expenses f2,259 f3,018

2020 2019
During the year staff costs were as follows:
Salaries and wages and fees 120,008 133,531
Employers' NIC 5,335 6,769
Pension contributions 7,662 7,649
6133,005 1147,970
Durhtg the year the Synagogue employed the following
number offull-time equivalent stair
Number ofstaff whose total emoluments fell within the band
860,001 —670,000
Number ofstaff to whom retirement beneftts are accruing
under money purchase
schemes
Total contributions in the period for the provision ofmoney 66,238 66.487
purchase benefits

T~bk F h
dA
Freehold Scrolls, Furniture, Total
Land k Organs &. Fixtures k,
Buildings Books Equipment
COST
Balance at 1st January 2020 254,990 12,828 83,486 351,304
Additions in the year
Dispossls
Balance at 31stDecember 2020 254,990 12,828 83,486 351,304
DEPRECIATION
Balance at 1stJanuary 2020 12,137 80,316 92,453
Charge
ilats		 for the year 139 783
Eliminated on disposals
Balance at 31stDecember 2020 12,276 80,960 93,236
NET BODK VALUE
At 3 December 2020 254,990 552 2,526 6258,068
At 31st December 2019 254,990 691 3,170 6258,851

16. Debtors
2020 2019
Income Tax refunds 15,772 13,548
Other debtors and prepayments 1,915 610
617,687 f14,158
All amounts
included		 as debtors are due within one year.
17. Creditors
Amounts
falling due		 within one year
Subscnptions
received in advance		 28,908 42,238
Trade creditors and accrued expenses 48,760 48,073
677,668 f90,311
Amounts
falling due		 in more than one year
Reform Judaism (UK) 55,090 55,412
Building Loan (from members) 19,250
655,090 674,662