| CONTENTS: | PAGE. ' |
||||||
|---|---|---|---|---|---|---|---|
| Report ofthe | Trustees | 1-2 | |||||
| Independent | Examiners | Report | |||||
| Statement of | Financial Activities | ||||||
| Balance Sheet | |||||||
| Statement of | Cash Flows | ||||||
| Notes to the Accounts | 7-11 | ||||||
| TRUSTEES: | Rabbi Dr A RLeigh | ||||||
| Dr M A Amior | |||||||
| Dr RN Duschinsky | |||||||
| Mr I0Levy | |||||||
| COMPANY | REGISTRATION NUMBER'. | 09452396 | |||||
| CHARITY REGISTRATION NUMBER; | 1162783 | ||||||
| REGISTERED OFFICE: | 37a Castle | Street | |||||
| Cambridge | |||||||
| CB3 OAH | |||||||
| INDEPENDENT EXAMINERS: | Ian W Shipley FCCA | ||||||
| For and on behalf of: | |||||||
| Prentis & | Co LLP | ||||||
| Chartered | Accountants | and Independent | Examiners | ||||
| I I5c Milton Road | |||||||
| Cambridge | |||||||
| CB4 IXE | |||||||
| BANKERS; | Handelsbanken | ||||||
| Byron House | |||||||
| Cambridge | Business Park | ||||||
| Cowley Road | |||||||
| Cambridge | |||||||
| CB4 OWZ |
| Total | Total | |||
|---|---|---|---|---|
| Funds | Funds | |||
| Unrestricted | Unrestricted | |||
| Notes | 2022 | 2021 | ||
| INCOME | ||||
| Donations and grants |
44,961 | 32,447 | ||
| Tuition | 21,855 | 19,540 | ||
| Investment income |
28,304 | 916 | ||
| Other income | 24,220 | |||
| TOTAL INCOME | 95,120 | 77,123 | ||
| EXPENDITURE | ||||
| Charitable activities |
109,335 | 72,2]5 | ||
| TOTAL EXPENDITURE | 109,335 | 72,215 | ||
| NET SURPLUS/(DEFICIT) AND | NET MOVEMENT IN FUNDS | (14,215) | 4,908 | |
| Reconciliation ofFunds |
||||
| Total funds brought | forward | 739,798 | 734,890 | |
| Total funds carried | forward | 725,583 | 739,798 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| FIXED ASSETS | ||||||
| Tangible fixed assets | 1,061,337 | 1,069,260 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 675 | 675 | |||
| Cash at bank | 8,352 | 12,808 | ||||
| TOTAL CURRENT ASSETS | 9,027 | 13,483 | ||||
| CREDITORS: amounts |
falling | due | ||||
| within one year |
9,781 | 7,945 | ||||
| NET CURRENT (LIABILITIES)/ASSETS | (754) | 5,538 | ||||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 1,060,583 | 1,074,798 | |||
| CREDITORS: amounts |
falling | due after | ||||
| one year | 12 | 335,000 | 335,000 | |||
| NET ASSETS | 725,583 | 739,798 | ||||
| THE FUNDS OF THE CHARITY | ||||||
| Unrestricted Income funds |
13 | 725,583 | 739,798 | |||
| TOTAL CHARITY FUNDS | 725,583 | 739,798 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | f | ||||
| Cash flow from operating | activities | 15 | (3,426) | 9,742 | |
| Cash flows from financing | activities | ||||
| Fixed Asset additions | (1,030) | (4,768) | |||
| Cash provided by financing |
activities | (1,030) | (4,768) | ||
| Change in cash and cash |
equivalents | in the year | (4,456) | 4,974 | |
| Cash and cash equivalents | brought | forward | 12,808 | 7,834 | |
| Cash and cash equivalents | carried | fonvard | 8,352 | 12,808 |
| VOLUNTARYINCOME | VOLUNTARYINCOME | VOLUNTARYINCOME | Total | Total |
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| 2022 | 2021 | |||
| Donations | 44,961 | 32,447 | ||
| INVESTMENT INCOME | Total | Total | ||
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| 2022 | 2021 | |||
| Rental income | 28,304 | 916 | ||
| OTHER INCOME | 2022 | 2021 | ||
| Covid grant | 19,200 | |||
| Covid Job Retention | Scheme | 5,020 | ||
| 24,220 | ||||
| DIRECT COSTS | Total | Total | ||
| Unrestricted | Unrestricted | |||
| 2022 | 2021 | |||
| Repairs | 6,124 | |||
| Heat and light | 4,114 | 6,367 | ||
| Rates | 2,632 | 1,244 | ||
| Travel and subsistence | 119 | |||
| Website and | computer | costs | 587 | 424 |
| Telephone | 1,038 | 930 | ||
| Sundry expenses | 1,405 | 1,369 | ||
| Interest on mortgage | 12,628 | 10,877 | ||
| Bank charges | 1,003 | 802 | ||
| Insurance | 955 | 879 | ||
| Depreciation | 8,953 | 8,747 | ||
| Rent | 200 | |||
| Wages and salaries | 33,444 | 21,403 | ||
| Outreach activities |
28,196 | 9,777 | ||
| Cleaning | 4,826 | 3,902 | ||
| Childcare | 1,820 | 1,994 | ||
| Governance | costs (see note 6 on page 9) | 1,291 | 3,500 | |
| 109,335 | 72,215 |
| GOVERNANCE COSTS |
GOVERNANCE COSTS |
GOVERNANCE COSTS |
GOVERNANCE COSTS |
Total | Total | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | ||||||
| Funds | Funds | ||||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Independent | examiners | fees | 1,098 | 1,076 | |||
| Legal and professional | fees | 193 | 2,424 | ||||
| 1,291 | 3,500 | ||||||
| NET RESOURCES | EXPENDED | 2022 | 2021 | ||||
| This is stated | after charging: | f. | |||||
| Depreciation | oftangible | fixed assets: | |||||
| - owned by | charity | 8,953 | 8,747 | ||||
| Independent | examiners | 1,098 | 1,076 | ||||
| STAFF COSTS | 2022 | 2021 | |||||
| Staff costs were as follows;- | |||||||
| Wages and salaries | 33,444 | 21,403 | |||||
| The average | monthly | number ofemployees | during | the period was as follows:- | |||
| 2022 | 2021 | ||||||
| Administrative | 3 | 3 |
| The key management | personnel ofthe charity comprise the board oftrustees. | personnel ofthe charity comprise the board oftrustees. | personnel ofthe charity comprise the board oftrustees. | The total employee benefits |
The total employee benefits |
The total employee benefits |
|
|---|---|---|---|---|---|---|---|
| ofthe key managentent | personnel ofthe charity was f,]2,011(2021: f9,814) | paid to Rabbi Dr A RLeigh | a | ||||
| trustee. RLeigh spouse ofRabbi Dr A RLeigh received remuneration |
amounting to 8]2,01](2021: f6,675). |
||||||
| TANGIBLE FIXED | ASSETS | Fixtures & | Otfice | Freehold | |||
| YEAR ENDED 28TH FEBRUARY 2022 | Fittings | Equipment | Property | Total | |||
| COST | |||||||
| Balance at 1st March | 2021 | 4,768 | 1,111,009 | 1,115,777 | |||
| Additions | 1,030 | 1,030 | |||||
| Balance at 28th February 2022 | 1,030 | 4,768 | 1,111,009 | 1,116,807 | |||
| DEPRECIATION | |||||||
| Balance at 1stMarch | 2021 | 1,193 | 45,324 | 46,517 | |||
| Charge for the year | 206 | ],193 | 7,554 | 8,953 | |||
| Balance at 28th February 2022 | 206 | 2,386 | 52,878 | 55,470 | |||
| NET BOOK VALUE | AT 28th February 2022 | 824 | 2,382 | 1,058,131 | 1,061,337 |
| TANGIBLE FIXEDASSETS | TANGIBLE FIXEDASSETS | Office | Freehold | ||||
|---|---|---|---|---|---|---|---|
| YEAR ENDED 28TH FEBRUARY 2021 | Equipment | Property | Total | ||||
| COST | 6 | f. | |||||
| Balance at 1stMarch 2020 | 1,111,009 | 1,111,009 | |||||
| Additions | 4,768 | 4,768 | |||||
| Balance at 28th February 2021 | 4,768 | 1,111,009 | 1,115,777 | ||||
| DEPRECIATION | |||||||
| Balance at 1st March 2020 | 37,770 | 37,770 | |||||
| Charge for the year | 1,193 | 7,554 | 8,747 | ||||
| Balance at 28th February 2021 | 1,193 | 45,324 | 46,517 | ||||
| NET BOOK VALUE AT 28th February 2021 | 3,575 | 1,065,685 | 1,069,260 | ||||
| All fixed assets are used for | direct charitable | purposes. | |||||
| DEBTORS | 2022 | 2021 | |||||
| f, | 6 | ||||||
| Other debtors | 675 | 675 | |||||
| CREDITORS AMOUNTS | FALLING DUE WITHIN | ONE YEAR | 2022 | 2021 | |||
| Accruals | 1,473 | 1,050 | |||||
| Other creditors | 8,308 | 6,895 | |||||
| 9,781 | 7,945 | ||||||
| CREDITORS AMOUNTS | FALLING DUE AFTER ONE YEAR | 2022 | 2021 | ||||
| Mortgage | 335,000 | 335,000 | |||||
| The mortgage has a maturity |
date of5th February | 2026, | and is repayable | afier that date. | The interest | rate | |
| is 2.9'/o over LIBOR. | |||||||
| Security has been provided | against the mortgage | on 37A Castle Street, Cambridge. | |||||
| STATEMENT OF FUNDS | Brought | Carried | |||||
| YEAR ENDED 28TH FEBRUARY 2022 | Forward | Income | Expenditure | Forward | |||
| General Funds | |||||||
| General Funds | 739,798 | 95,120 | 109,335 | 725,583 | |||
| Total Unrestricted Funds |
739,798 | 95,120 | 109,335 | 725,583 | |||
| STATEMENT OF FUNDS | Brought | Carried | |||||
| YEAR ENDED 28TH FEBRUARY 2021 | Forward | Income | Expenditure | Forward | |||
| General Funds | |||||||
| General Funds | 734,890 | 77,123 | 72,215 | 739,798 | |||
| Total Unrestricted Funds |
734,890 | 77,123 | 72,215 | 739,798 |
| ANALYSIS OF NET ASSETSBETWEEN FUNDS | ANALYSIS OF NET ASSETSBETWEEN FUNDS | Total | Total |
|---|---|---|---|
| Unrestricted | Unrestncted | ||
| Funds | Funds | ||
| 2022 | 2021 | ||
| Tangible | fixed assets | 1,061,337 | 1,069,260 |
| Current | assets | 9,027 | 13,483 |
| Creditors | due within one year | (9,781) | (7,945) |
| Creditors | due after one year | (335,000) | (335,000) |
| 725,583 | 739,798 |
| RECONCILIATION | OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING | OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING | OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING | OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING |
|---|---|---|---|---|
| ACTIVITIES | ||||
| 2022 | 2021 | |||
| Net movement in funds |
(14,215) | 4,908 | ||
| Add back depreciation | 8,953 | 8,747 | ||
| Increase/(decrease) in |
creditors | 1,836 | (3,913) | |
| Cash flow from operating | activities | (3,426) | 9,742 |
| can be sum | maris | ed as fo |
llows: | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Equipment | 1,030 | ||||
| Ceremonial | and | charity | activities | 1,294 | 3,542 |
| Administration | expenses | 3,420 | 6,272 | ||
| 5,744 | 9,814 |