| Contents | Page | ||
|---|---|---|---|
| Legal and administrative | information | ||
| Directors' report | 2-9 | ||
| Independent | auditor's | report tothe members | 10-13 |
| Statement | offinancial | activities | 14 |
| Statement | offinancial | position | 15 |
| Statement | ofcash flows | 16 | |
| Accounting | Policies | 17-20 | |
| Notes to the financial statements | 21-29 |
| Date Elected | |
|---|---|
| Susan Boobis | 23 April 2015 (Chair) |
| Michael Woodcock | 4 December 2022 (Treasurer) |
| Richard Colin |
1January 2018 |
| Joanne Davis | 1October 2020 |
| Sherif Kahky | 1October 2020 |
| Susan Whaley | 1October 2020 |
| Diana Rose | 26January 2022 |
| Leslie Moss | 23 April 2015 |
| Resigned 1December 2021 | |
| Julian Rose | 1September 2020 |
| Resigned 1December 2021 | |
| Nicole Hershon | 1February 2018 |
| Resigned 1December 2021 | |
| Carole Jordan | 6July 2017 |
| Resigned 1December 2021 | |
| Ben Rickayzen | 4July 2018 |
| Resigned 4 December 2021 | |
| Maurice Ashkenazi-Bakes | 4July 2018 |
| Resigned 4 December 2021 | |
| David Levin | 1January 2020 |
| Resigned 4 December 2021 |
| Statement | of Financial Activities | of Financial Activities | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||||
| funds | funds | Total | Total | ||||
| Note | f | f | f | ||||
| Income and endowments | from: | ||||||
| Donations | and legacies | 2 | 910,942 | 83,615 | 994,557 | 765,164 | |
| Other trading activities |
3 | 2,370 | 2,370 | 3,516 | |||
| Investments | 3a | 35,000 | 35,000 | 35,000 | |||
| Charitable | Activities | 3b | 18,668 | 18,668 | 4,007 | ||
| Total | 966,980 | 83,615 | 1,050,595 | 807,687 | |||
| Expenditure | on: | ||||||
| Raising Funds | 508 | ||||||
| Charitable Activities |
616,155 | 113,547 | 729,702 | 747,114 | |||
| Total | 616,155 | 113,547 | 729,702 | 747,622 | |||
| Net income | / (expenditure) | 350,825 | (29,932) | 320,893 | 60,065 | ||
| Transfer between funds |
(14,292) | 14,292 | |||||
| Net movement in funds |
336,533 | (15,640) | 320,893 | 60,065 | |||
| Reconciliation offunds |
|||||||
| Total funds | brought forward |
4,572,556 | 94,812 | 4,667,368 | 4,607,302 | ||
| Total funds | carried forward | 4,909,089 | 79,172 | 4,988,261 | 4,667,368 |
| Statement | of Financial Position as at 31March | of Financial Position as at 31March | of Financial Position as at 31March | 2022 | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Note | |||||||
| Fixed assets | |||||||
| Tangible assets | 3,489,430 | 3,493,317 | |||||
| Current assets | |||||||
| Investments | 9 | 413,000 | |||||
| Debtors | 10 | 32,292 | 30,626 | ||||
| Cash at bank and in | hand | 1,206,555 | 1,278,003 | ||||
| 1,651,847 | 1,308,629 | ||||||
| Creditors: amounts | falling due within | 11 | (63,016) | (44,578) | |||
| one year | |||||||
| Net current | assets | 1,588,831 | 1,264,051 | ||||
| 5,078,261 | 4,757,368 | ||||||
| Creditors: amounts more than one year |
falling due after | 12 | (15,000) | (15,000) | |||
| Provisions | 13 | (75,000) | (75,000) | ||||
| Net assets | 14 | 4,988,261 | 4,667,368 | ||||
| Funds | |||||||
| Restricted | Funds | 15 | 79,172 | 94,812 | |||
| Designated | Funds | 16 | 1,014,283 | 789,433 | |||
| Unrestricted | Funds | 17 | 3,894,806 | 3,783,123 | |||
| Total funds | 4,888,261 | 4,667,368 |
| Statement of Cash Flows | Statement of Cash Flows | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| f | f | |||
| Cash flows from operating | activities | |||
| Net Income for the year | 320,893 | 60,065 | ||
| Adjustments for: |
||||
| Depreciation charges |
11,187 | 621 | ||
| (Increase)/Decrease in Debtors |
(1,666) | 4,046 | ||
| Increase / (Decrease) in Creditors | 18,438 | (12,632) | ||
| (Decrease) in long term creditors/Provisions | 75,000 | |||
| Net cash received in Operating Activities |
348,852 | 127,100 | ||
| Cash Flows from Investing | activities | |||
| Capita I Expenditure |
(7,300) | (31,885) | ||
| Net cash used in investing | activities | (7,300) | (31,885) | |
| Change in cash and cash equivalents |
in the period | 341,552 | 95,215 | |
| Cash and cash equivalents | brought forward | 1,278,003 | 1,182,788 | |
| Cash and cash equivalents | carried forward | 1,619,555 | 1,278,003 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||
| f | f | f | |||
| Subscriptions | 502,627 | 502,627 | 491,919 | ||
| Tax recoverable | on subscriptions | 104,648 | 104,648 | 111,080 | |
| Board of Deputies | 7,174 | 7,174 | 6,042 | ||
| Legacies and general donations | 45,339 | 45,339 | 28,436 | ||
| Refurbishment | 813 | 813 | 810 | ||
| Designated Legacy Fund |
232,351 | 232,351 | |||
| Grant Received ' |
9,304 | 9,304 | 42,250 | ||
| Lviv fund | 2,030 | 2,030 | 1,715 | ||
| Care | 1,895 | 1,895 | 4,140 | ||
| William Walford | Grant - Educational | 375 | 375 | 608 | |
| Rabbi Discretionary Fund |
15,537 | 15,537 | 9,882 | ||
| Music and Religion | 15,100 | 15,100 | 25 | ||
| Czech and Slovak | fund | 275 | 275 | 2,060 | |
| Bereavement fund |
90 | 90 | 175 | ||
| Flowers | 50 | ||||
| YKA current year | appeal | 40,539 | 40,539 | 33,697 | |
| HMD Fund | 10,000 | ||||
| AV Fund | 600 | 600 | 8,078 | ||
| Funeral Expenses |
scheme | 12,081 | 12,081 | 7,456 | |
| Sundry | 3,779 | 3,779 | 6,741 | ||
| 910,942 | 83,615 | 994,557 | 765,164 | ||
| Tota I 2021 | 688,692 | 76,472 | 765,164 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | ||
| f | f | f | |||
| Lettings | 1,162 | 1,162 | 2,533 | ||
| Advertising | Davar | 1,208 | 1,208 | 983 | |
| 2,370 | 2,370 | 3,516 | |||
| Total 2021 | 3,516 | 3,516 |
| Unrestricted | Restricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | 2022 | 2021 | |||||
| E | F. | f | f | |||||
| Small | Hall | letting | 35,000 | 35,000 | 35,000 | |||
| 35,000 | 35,000 | 35,000 | ||||||
| Total | 2021 | 35,000 | 35,000 | |||||
| 3b.Charitable | Activities income | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | 2022 | 2021 | |||||
| f | f | f | E | |||||
| Wedding | and Bar/Batmitzvah | fees | 10,300 | 10,300 | 2,919 | |||
| Education | Income | 8,368 | 8,368 | 1,088 | ||||
| 18,668 | 18,668 | 4,007 | ||||||
| Tota I | 2021 | 4,007 | 4,007 | |||||
| 4.Cost of | Raising Funds | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | 2022 | 2021 | |||||
| f | ||||||||
| Cost of Lettings | 508 | |||||||
| 508 | ||||||||
| Tota I | 2021 | 508 | 508 |
| 5a.Cost of Direct Charita | bl | e A |
ctiv | ities | |||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | 2022 | 2021 | ||||||
| f | E | f | |||||||
| Ministerial salary, pension |
and | expenses | 154,952 | 154,952 | 144,168 | ||||
| Religious Services | 3,952 | 3,952 | 5,261 | ||||||
| Education and development |
22,257 | 22,257 | 35,060 | ||||||
| Newsletter and publicity |
9,389 | 9,389 | 5,981 | ||||||
| Affiliation fee Liberal Judaism | 144,296 | 144,296 | 140,640 | ||||||
| Care | 29,589 | 8,169 | 37,758 | 19,105 | |||||
| Flower fund | 97 | 97 | 70 | ||||||
| Bereavement | 686 | 686 | 774 | ||||||
| Cheder Charity | 172 | ||||||||
| Rabbi Dis Fund | 6,460 | 6,460 | 5,879 | ||||||
| Music and Religion | 4,109 | 4,109 | |||||||
| Clifford Hymans Trust |
576 | 576 | 820 | ||||||
| William Walford Grant Educational | 1,345 | 1,345 | |||||||
| Czech and Slovak | 1,753 | 1,753 | 27 | ||||||
| Judaica IScroll) | 35,846 | 35,846 | |||||||
| HMD Fund | 10,000 | ||||||||
| Board of Deputies | 6,042 | 6,042 | 6,229 | ||||||
| Funeral Expenses Scheme |
16,803 | 16,803 | 22,694 | ||||||
| Events and groups | |||||||||
| YKA current year | 40,539 | 40,539 | 33,697 | ||||||
| Refurbishment Fund |
4,192 | 4,192 | 86,865 | ||||||
| Designated Legacy / New |
membership | system | 7,500 | 7,500 | |||||
| AV Fund | 7,925 | 7,925 | 8,414 | ||||||
| 392,930 | 113,547 | 506,477 | 525,856 | ||||||
| Total 2021 | 455,384 | 70,472 | 525,856 | ||||||
| 5b.Support costs for Charitable | Activities | ||||||||
| Unrestricted | Restricted | Total | Total | ||||||
| funds | funds | 2022 | 2021 | ||||||
| f | f | f | |||||||
| Administration expenses |
including | staff | salaries | 128,833 | 128,833 | 131,032 | |||
| Premises | 72,082 | 72,082 | 78,927 | ||||||
| Bank charges | 843 | 843 | 630 | ||||||
| Interest paid |
28 | ||||||||
| Depreciation | 11,187 | 11,187 | 621 | ||||||
| Governance costs |
10,280 | 10,280 | 10,020 | ||||||
| 223,225 | 223,225 | 221,258 |
| 7.Staff costs | ||
|---|---|---|
| 2022 | 2021 | |
| f. | f | |
| Salaries and Wages | 286,846 | 305,131 |
| Social Security Costs | 22,626 | 23,210 |
| Pension costs | 13,415 | 12,789 |
| 322,887 | 341,130 |
| Number ofe | mployees | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| Trustees | 10 | 12 | ||
| Rabbis | 2 | 2 | ||
| Administration | 5 | 5 | ||
| Other | 25 | 30 | ||
| 42 | 49 | |||
| The number | of higher paid employees | was: | 2022 | 2021 |
| In the band f60,001-f70,000 | 1 | 1 |
| 8,Tangible f | ixed | assets | |||||
|---|---|---|---|---|---|---|---|
| Land and | Small | Fixtures, | Religious | Total | |||
| Buildings | Hall | Fittings 5 | Regalia | ||||
| Freehold | Equipment | ||||||
| f | f | f | |||||
| Cost | |||||||
| At 1April 2021 | 3,000,000 | 420,000 | 58,891 | 35,846 | 3,514,737 | ||
| Additions | 7,300 | 7,300 | |||||
| At 31March | 2022 | 3,000,000 | 420,000 | 66,191 | 35,846 | 3,522,037 | |
| Depreciation | |||||||
| At 1April 2021 | 21,420 | 21,420 | |||||
| Charge for the year | 11,187 | 11,187 | |||||
| At 31March | 2022 | 32,607 | 32,607 | ||||
| Net book values | |||||||
| At 31March | 2022 | 3,000,000 | 420,000 | 33,584 | 35,846 | 3,489,430 | |
| At 1April 2021 | 3,000,000 | 420,000 | 37,471 | 35,846 | 3,493,317 | ||
| 9.Current Asset | Investments | ||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Cash equivalents | on deposit | 413,000 | |||||
| 413,000 | |||||||
| 10.Debtors | |||||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Subscriptions | due | 16,313 | 13,573 | ||||
| Gift Aid recoverable | 12,808 | 12,166 | |||||
| Other debtors | 8 prepayments | 3,171 | 4,887 | ||||
| 32,292 | 30,626 | ||||||
| 11.Creditors: | Amounts | falling due within one year | |||||
| 2022 | 2021 | ||||||
| f | f | ||||||
| Taxation and | social security | 6,846 | 9,236 | ||||
| Other creditors and accruals | 56,170 | 35,342 | |||||
| 63,016 | 44,578 |
| 12.Cre | ditors: Amounts falling due |
after more than | one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | f | ||||
| Small Hall Deposit | 15,000 | 15,000 | |||
| 15,000 | 15,000 | ||||
| 13.Provisions | |||||
| 2022 | 2021 | ||||
| f | f | ||||
| Building | repair works | 75,000 | 75,000 | ||
| 75,000 | 75,000 | ||||
| 14.Analysis ofnet assets between | funds | ||||
| Unrestricted | Restricted | Total | |||
| Funds | Funds | 2022 | |||
| f | f | ||||
| Tangible | fixed assets | 3,489,430 | 3,489,430 | ||
| Long term liabilities | (90,000) | (90,000) | |||
| Current | assets | 1,572,675 | 79,172 | 1,651,847 | |
| Current | liabilities | (63,016) | (63,016) | ||
| 4,909,089 | 79,172 | 4,988,261 |
| Analysis | ofnet assets between funds (pri | or year) | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | 2021 | ||
| f | f | f | ||
| Tangible | fixed assets | 3,457,471 | 35,846 | 3,493,317 |
| Long term liabilities | (90,000) | (90,000) | ||
| Current | assets | 1,249,663 | 58,966 | 1,308,629 |
| Current | liabilities | (44,578) | (44,578) | |
| 4,572,556 | 94,812 | 4,667,368 |
| Brought | Incoming | Outgoing | Transfers | Carried | |||
|---|---|---|---|---|---|---|---|
| forward | resources | Resources | between | forward | |||
| 1April | Unrestricted | 31March | |||||
| 2021 | Funds | 2022 | |||||
| f | f | f | |||||
| Judaica (Scroll) | 55,516 | (35,846) | 19,670 | ||||
| Lviv Fund | 2,953 | 2,030 | 4,983 | ||||
| Rabbis Discretionary | 11,610 | 15,537 | (6,460) | 20,687 | |||
| Music and Religion | 25 | 15,100 | (4,109) | 11,016 | |||
| Care | 1,895 | (8,169) | 6,274 | ||||
| Clifford Hymans | Trust | 4,864 | (576) | 4,288 | |||
| William Walford | Grant | Educational | 5,692 | 375 | (1,345) | 4,722 | |
| Cheder Charity | 296 | 296 | |||||
| Flower fund | (97) | ||||||
| Czech and Slovak | 2,814 | 275 | (1,753) | 1,336 | |||
| Bereavement | 90 | (686) | 596 | ||||
| Frances Sacker Capital | Fund | 5,000 | 5,000 | ||||
| Board of Deputies | 6,042 | 7,174 | (6,042) | 7,174 | |||
| YKA | 40,539 | (40,539) | |||||
| AV Fund | 600 | (7,925) | 7,325 | ||||
| 94,812 | 83,615 | (113,547) | 14,292 | 79,172 | |||
| Restricted funds | (prior | year) | Brought | Incoming | Outgoing | Transfers | Carried |
| forward | resources | Resources | between | forward | |||
| 1April | Unrestricted | 31March | |||||
| 2020 | Funds | 2021 | |||||
| f | f | ||||||
| Judaica (Scroll) | 55,516 | 55,516 | |||||
| Lviv Fund | 1,238 | 1,715 | 2,953 | ||||
| Rabbis Discretionary | 7,607 | 9,882 | (5,879) | 11,610 | |||
| Music and Religion | 25 | 25 | |||||
| Care | 4,140 | (4,390) | 250 | ||||
| Clifford Hymans | Trust | 5,684 | (820) | 4,864 | |||
| William Walford | Grant | Educational | 5,084 | 608 | 5,692 | ||
| Cheder Charity | 468 | (172) | 296 | ||||
| Flower fund | 50 | (70) | 20 | ||||
| Czech and Slovak | 781 | 2,060 | (27) | 2,814 | |||
| Bereavement | 175 | (774) | 599 | ||||
| Frances Sacker Capital | Fund | 5,000 | 5,000 | ||||
| HMD Fund | 10,000 | (10,000) | |||||
| Board of Deputies | 6,229 | 6,042 | (6,229) | 6,042 | |||
| YKA | 33,697 | (33,697) | |||||
| AV Fund | 8,078 | (8,414) | 336 | ||||
| 87,607 | 76,472 | (70,472) | 1,205 | 94,812 |
| 16.Unrestri | cted funds |
||||||
|---|---|---|---|---|---|---|---|
| Brought | Incoming | Outgoing | Transfers | Transfers | Carried | ||
| forward | resources | Resources | (to) from | between | forward | ||
| 1April | Restricted | Unrestricted | 31March | ||||
| 2021 | Funds | Funds | 2022 | ||||
| f | f | f | |||||
| Funeral | 75,021 | 20,000 | 95,021 | ||||
| Refurbishment | 122,572 | 813 | (4,192) | 119,193 | |||
| Designated | Legacy | 789,432 | 232 351 | (7,500) | 1,014,283 | ||
| General fund | 3,585,531 | 733,816 | (604,463) | (14,292) | (20,000) | 3,680,592 | |
| 4,572,556 | 966,980 | (616,155) | (14,292) | 4,909,089 | |||
| Brought | Incoming | Outgoing | Transfers | Transfers | Carried | ||
| forward | resources | Resources | (to) from | between | forward | ||
| Unrestricted | funds | 1April | Restricted | Unrestricted | 31March | ||
| (prior year) | 2020 | Funds f |
Funds f |
2021 f |
|||
| Funeral | 75,021 | 75,021 | |||||
| Refurbishment | 133,628 | 809 | (86,865) | 75,000 | 122,572 | ||
| Designated | Legacy | 789,432 | 789,432 | ||||
| General fund | 3,521,615 | 730,405 | (590,284) | (1,205) | (75,000) | 3,585,531 | |
| 4,519,696 | 731,214 | (677,149) | (1,205) | 4,572,556 |