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2021-12-31-accounts

REGISTERED COMPANY NUMBER: 09031058 (England and Wales) REGISTERED CHARITY NUMBER: 1164798

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Whitefield Hebrew Congregation

R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ

Whitefield Hebrew Congregation

Contents of the Financial Statements for the Year Ended 31 December 2021

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Cash Flow Statement 10
Notes to the Cash Flow Statement 11
Notes to the Financial Statements 12 to 21
Detailed Statement of Financial Activities 22 to 23

Whitefield Hebrew Congregation

Report of the Trustees for the Year Ended 31 December 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).

This report and financial statements should be read in conjunction with the Annual Report published by Whitefield Hebrew Congregation.

OBJECTIVES AND ACTIVITIES Objectives and aims

Whitefield Hebrew Congregation is a company limited by guarantee in accordance with the latest regulations.

Our company's aims and objectives are formally stated to be as follows:-

To promote the Jewish religion in accordance with the customs, ceremonies and traditions of orthodox judaism by: (A) Providing and maintaining in Whitefield a place of worship, religious services and education for the benefit of the orthodox community in Whitefield.

(B) Providing burial facilities in accordance with the requirements of orthodox Judaism.

(C) Promoting pastoral and cultural support and social and recreational activities.

This is achieved by the operation of a synagogue and social events at the Congregation's premises, together with support for other Jewish and non- Jewish charities in accordance with Jewish law. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion, when reviewing the Congregation's aims and objectives and in planning future activities

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Whitefield Hebrew Congregation

Report of the Trustees for the Year Ended 31 December 2021

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The charity continues to meet all of its objectives. Membership in the year has remained stable. Events and services have largely continued and the charity has maintained its charitable and religious services, both inside and outside of the community.

The new executive and board began work on 1st January this year. With a December financial year end and the requirement to file our accounts by the 30th of September, this is therefore a shortened period of office of approximately 9 months.

Although Covid remains with us, we have witnessed the regeneration of our community and engagement with hundreds of members on a weekly basis.

The previous Executive, led by Michael Moore, had the vision to set up core committees to which the Executive, Board and other shul members have joined. These committees are Social, Education, Kesher Connect, Religious and Finance. Every member of the Board has played a role, committing time and effort in many of the activities that we have witnessed this year, and I thank them all for their efforts. Frances Simms is stepping aside to allow new faces to join the Board. Frances has served the Board so well for many years and she is owed special thanks for all her service and hard work, and for her continuing role with Kesher Connect.

I am humbled by the number of volunteers that have stepped forward to work with all the committees and I would like to recognise their work, together with those that also volunteer in other areas, such as conducting Shul tours & attending Shiva Houses.

Amongst the many activities and services we offer, one I would like to highlight again is the Kesher Connect group, established to assist any member of our community in need. The Whitefield Hebrew Congregation is an extended family, and we must look after each other.

At our core, we represent modern orthodox Judaism, Israel, education, social activities and caring, from babies to our respected elders. This is reflected by the many events and services we have held in the year. If I try to name them all, I am likely to forget some, so please allow me to mention a few of my personal favourites.

Inspirational Bat Mitzvah graduation ceremonies, Shabbat UK, the Baby Naming ceremony, the atmosphere at a Friday night service, the Book of Ruth event before Shavuot, going to a Shabbat children service, seeing teens wanting to be in the shul building during the week, the Anim Zemirot club, Learning Exchange evenings with talented female and male educators and Ruach's tunes on the Jubilee weekend.

None of our achievements or our plans for the future are possible without the right team to carry us forward and I make no apology for repeating what I have previously written.

In Rabbi Ephraim and Rebbetzen Malki, we have been joined by a talented, warm, empathetic couple, invested in modern orthodox Judaism, whose non-judgmental approach has already endeared them to the many people they have met. Their guidance and leadership is enriching the lives of many members. As I write this, we are very much looking forward to Rabbi Ephraim's induction that will be conducted by the Chief Rabbi on Sunday 11th September.

We are very fortunate to have Mychiel Balshine as our Community Director who continues to amaze all with a wonderful, varied programme of events to stimulate and engage our members. I am pleased to let you know that in partnership with Aish, we will be joined by a Youth Couple this September, whose primary role will be to support Mychiel's work with our young people.

We are extremely lucky to have living within our community the Gefen and Cohen families, whose contributions to our daily lives is greatly valued and appreciated.

I would like to thank my Executive colleagues, Jennifer Berger, Steve Durban, David Krebs, Fiona Maynard, Rob Miller and Alex Wolfstein. They are an incredibly hardworking and talented team.

Alongside the Executive, I turn to a number of people for advice, and I would like in particular to recognise the support given by Michael Williams and his continued voluntary work in the shul.

Thank you to everyone who has recently joined the minyanim rotas.

I'd like to thank our colleagues in the shul office and caretakers, Francine, Andrea, Dougie, Terry and Bernard - without them and their hard work, we would not be able to function as we need to.

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Whitefield Hebrew Congregation

Report of the Trustees for the Year Ended 31 December 2021

Thanks must go to Sam Friedman, the team leaders and all the security rota volunteers who help protect us and our building.Jan Levinson our honorary Solicitor and Richard Zoltie our Independent Examiner do important legal and financial work for the shul. I thank them for all their efforts.

To all those that have suffered a bereavement in the last year I wish you a 'long life' and to those that are celebrating a Simcha, a hearty Mazaltov.

FINANCIAL REVIEW

Financial review

I am pleased to report on the synagogue's financial accounts for the year ended 31 December 2021.

A large part of this financial year was dominated by COVID, which makes explanation and comparison with prior years difficult.

I am thankful that most members continued to maintain their membership payments, despite difficult circumstances. The synagogue is entirely reliant on membership subscriptions for the running of the shul, and to continue putting on services and events.

Membership income of £383,998 remained consistent with the prior year (£395,441).

In addition, we received a further £321k legacy from Meyer and Judith Hersh, for which we are eternally grateful. The majority of these funds have been earmarked for the redevelopment of the synagogue building. A plaque will be dedicated in their honour.

There have been no exceptional costs in this financial year.

In the latter part of the year, we were able to return to normal functions, following 18 months of COVID restrictions. Mychiel Balshine organised numerous interesting, educational and fun events for all age groups. This has come at a cost, but we are determined to make these events accessible for all by offering them free of charge, or significantly subsidised. Consequently, festival and event expenses increased to £25,512 (2020: £12,467).

During the year, Mychiel Balshine was promoted to Community Director as a reward for his energy, enthusiasm and hard work. I'm sure you will all join me in congratulating Mychiel. We are very grateful for the work he puts in and his devotion to our community.

As at 1 January 2021, the charity employed 8 full and part time members of staff, who undertake administration and religious responsibilities.

In August 2021, Rabbi Ephraim and Rebbetzen Malki Guttentag commenced their roles, taking the total employed full and part time members of staff to 10. This resulted in additional moving and accommodation expenses. However, this has proven to be an excellent appointment, which we hope will provide strong religious and pastoral leadership for many years.

In October 2021, the synagogue purchased an investment property at 7 Kibworth Close for £450,000. Part of this purchase was funded with a mortgage and was bought through a separate company, WHC Property Limited. The funds to purchase the property is shown on the balance sheet as loans to a group undertaking.

In conclusion, the above factors led to a surplus in the general fund of £474,396 (£153,396 before the legacy). This is the first time in a number of years that the synagogue has achieved a surplus, which provides us with a much needed cushion as we look to the future.

The Burial Board remains in surplus, increasing by £43,840 during the year, ensuring burials for all members when the unfortunate need arises. We are currently working with building contractors to carry out remedial works on the Ohel and gardens at Philips Park Cemetery and Urmston Cemetery.

Principal funding sources

The principal funding sources for the Congregation are members' subscriptions and donations.

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Whitefield Hebrew Congregation

Report of the Trustees for the Year Ended 31 December 2021

FINANCIAL REVIEW

Reserves policy

The charity does not have a specific reserves policy in place. The Trustees aim, on an annual basis, to hold or raise sufficient reserves to ensure that members' subscriptions and donations provide resources to meet anticipated expenditure. In addition, should there be a need for additional income to meet unexpected costs, the Trustees may call on the members for such extra donations as may be required to meet these costs.

At 31 December 2021 the free, unrestricted resources available to the charity were £357,161 which represents more than 12 months normal expenditure. This does not take into account the fact that the General (or unrestricted) Fund has liabilities of £283,709 to the restricted funds.

FUTURE PLANS

Our purpose to promote Jewish religion remains unchanged. We believe that our services must adapt and change in line with the needs of the community.

In partnership with Aish, we will be joined by a Youth Couple this September, whose primary role will be to support Mychiel Balshine's work with our young people.

In this ever-changing world, we want to provide for all our communal needs by turning the building in to a community hub, accessible to all people of all ages. A place where everyone will feel valued, welcomed and respected, a centre that is fit for purpose for the next twenty to thirty years. We have a committee who are tasked with undertaking a comprehensive assessment of the existing building and propose options of how the building can be developed to suit our longer-term needs.

We have now completed the refurbishment of the investment property at Kibworth Close. Rabbi and Rebbetzen Guttentag and their family have now moved into this property. The property is seen as an extension to the synagogue and Rabbi and Rebbetzen Guttentag look forward to welcoming the community to their home.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The Board of trustees, who are also Directors of the company administers the charity. The Board meets every 2 months, and there are sub-committees covering social, education, Kesher Connect, religion, financial and building matters.

Risk management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Directors have a risk management strategy which comprises:

In the current financial climate, the charity has identified the following financial risks:

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

09031058 (England and Wales)

Registered Charity number

1164798

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Whitefield Hebrew Congregation

Report of the Trustees for the Year Ended 31 December 2021

Registered office

Park Lane Whitefield Manchester M45 7PB

Trustees

M Berns (resigned 31/12/2021) D J Krebs T S Leigh M E Leinhardt Dr I Levy (resigned 31/12/2021) Mrs F P Levy (resigned 31/12/2021) Dr F Maynard P Mendelson (resigned 31/12/2021) M A Moore (resigned 31/12/2021) M Rubinstein (resigned 31/12/2021) Mrs F Simms (appointed 1/1/2022) A Woolfstein Mrs J Berger D Bodansky (resigned 31/12/2021) S Levine R M Feingold (resigned 31/12/2021) S D Phillips J Aronson (resigned 31/12/2021) Mrs R Mendelson (resigned 31/12/2021) R C Miller I Landaw (resigned 31/12/2021) A S Goodman (appointed 1/1/2022) B M Oster (appointed 1/1/2022)

Independent Examiner

R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 8 September 2022 and signed on its behalf by:

S D Phillips - Trustee

-5-

Independent Examiner's Report to the Trustees of

Whitefield Hebrew Congregation

Independent examiner's report to the trustees of Whitefield Hebrew Congregation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of The Institute of Chartered Accountants of Scotland which is one of the listed bodies.

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:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts 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

  3. the accounts 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.

Richard Zoltie The Institute of Chartered Accountants of Scotland

R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ

9 September 2022

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Whitefield Hebrew Congregation

Statement of Financial Activities for the Year Ended 31 December 2021

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
Charitable activities
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
6
Charitable activities
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
758,489
3,381
19,511
-
781,381
306,985
474,396
647,215
1,121,611		 Restricted
funds
£
81,584
-
350
2,019
83,953
40,488
43,465
1,003,896
1,047,361		 2021
Total
funds
£
840,073
3,381
19,861
2,019
865,334
347,473
517,861
1,651,111
2,168,972		 2020
Total
funds
£
489,995
23,662
18,367
2,349
534,373
742,187
(207,814)
1,858,925
1,651,111

The notes form part of these financial statements

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Whitefield Hebrew Congregation

Balance Sheet 31 December 2021

Notes
FIXED ASSETS
Tangible assets
13
Investments
Investments
14
Investment property
15
CURRENT ASSETS
Debtors
16
Prepayments and accrued income
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one year
18
PROVISIONS FOR LIABILITIES
20
NET ASSETS
FUNDS
22
Unrestricted funds:
General fund
Restricted funds:
Burial Board
Eruv Fund
Building Levy
Mikva refurbishment
TOTAL FUNDS		 2021
£
1,083,342
1
221,700
1,305,043
244,225
7,168
679,042
930,435
(33,006)
897,429
2,202,472
-
(33,500)
2,168,972
1,121,611
1,020,611
(12,424)
37,393
1,781
1,047,361
2,168,972		 2020
£
1,089,977
-
448,000
1,537,977
96,933
15,561
299,147
411,641
(32,207)
379,434
1,917,411
-
(266,300)
1,651,111
647,215
976,771
(12,631)
37,975
1,781
1,003,896
1,651,111

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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Whitefield Hebrew Congregation

Balance Sheet - continued 31 December 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 8 September 2022 and were signed on its behalf by:

S D Phillips - Trustee

R C Miller - Trustee

The notes form part of these financial statements

-9-

Whitefield Hebrew Congregation

Cash Flow Statement for the Year Ended 31 December 2021

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Provisions for Liabilities (see Note 19)
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Purchase of fixed asset investments
Loan to subsidiary undertaking
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Loan repayments in year
Net cash provided by/(used in) financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2021
£
531,549
(151)
-
531,398
(1,800)
(1)
(149,702)
(151,503)
-
-
379,895
299,147
679,042		 2020
£
(253,318)
-
266,300
12,982
-
-
-
-
(314)
(314)
12,668
286,479
299,147

The notes form part of these financial statements

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Whitefield Hebrew Congregation

Notes to the Cash Flow Statement for the Year Ended 31 December 2021

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2021 2020
£ £
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities) 517,861 (207,814)
Adjustments for:
Depreciation charges 8,435 9,185
Interest paid 151 -
Decrease in debtors 4,803 308
Increase/(decrease) in creditors 299 (54,997)
Net cash provided by/(used in) operations 531,549 (253,318)

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.21 Cash flow At 31.12.21
£ £ £
Net cash
Cash at bank and in hand 299,147 379,895 679,042
299,147 379,895 679,042
Total 299,147 379,895 679,042

3. MAJOR NON-CASH TRANSACTIONS

The reduction in the investment property arising from the settlement of the Charity's obligations includes £226,300 which is not represented by a cash inflow. Similarly, the reduction in the provision for liabilities of £232,800 is not represented by a cash outflow.

The notes form part of these financial statements

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Whitefield Hebrew Congregation

Notes to the Financial Statements for the Year Ended 31 December 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided Burial Grounds & Ohel - not provided Fixtures and fittings - 10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Building Levy

This represents funds specifically levied on the membership to carry out major capital/repair projects.

Burial Board

This represents funds raised for the provision of funeral and associated services on the death of a member of the Burial Board.

Eruv Fund

This represents funds raised for the provision of an Eruv which is a ritual enclosure that traditionally observant Jewish communities construct in their neighbourhoods as a way to permit the transference of objects from one area to another.

Mikva Refurbishment Fund

This represents funds raised to refurbish the Mikva, which is a ritual bath.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES

Members' subscriptions
Offerings and donations
Gift aid
Reserved graves
Other income
Entry fees
Donations re Community Fund
Legacies
YKA - Community enrichment
OTHER TRADING ACTIVITIES
Hall hire etc
Kiddushim etc
Yahrzeit plaques
Whitefield draw
Mikva
EL Ohel
Shul events
WJYC
INVESTMENT INCOME
Bank interest
Compensation for lost interest		 2021
£
383,998
29,656
77,687
1,417
6,439
13,531
-
320,881
6,464
840,073
2021
£
3,001
4,772
4,064
139
4,400
350
907
2,228
19,861
2021
£
19
2,000
2,019		 2020
£
395,441
15,639
74,192
1,800
-
436
2,487
-
-		 2020
£
395,441
15,639
74,192
1,800
-
436
2,487
-
-		 2020
£
395,441
15,639
74,192
1,800
-
436
2,487
-
-
489,995
2020
£
2,731
2,733
1,325
1,628
4,353
650
1,524
3,423
18,367
2020
£
349
2,000
2,349
2,349

3. OTHER TRADING ACTIVITIES

4. INVESTMENT INCOME

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Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Government grants
Charitable activities
6.
CHARITABLE ACTIVITIES COSTS
Charitable activities
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Trustees' remuneration etc
Staff costs
Hire of plant and machinery
Rates and water
Insurance
Electricity, gas and water
Telephone & IT expenses
Postage and stationery
Advertising & PPS
Community education fund
Cleaning and laundry
Repairs and maintenance
Affiliation fees and levies
Festivals, Kiddush & Events
Religious expenses
Presentations
YW, youth and teen expenses
Mikva expenses
WJYC expenses
Funeral expenses & foundations
Eruv expenses
General expenses & travelling
Miscellaneous expenses
Bank & credit card charges
Employee benefits
Meade Hill sexton charges
Bar Mitzvah/Bat Chayil expense
Security
Professional fees
Children's services expenses
General food expenses
Newsletter
Plaque expenses
Charitable donations
Depreciation
Interest payable and similar charges		 Direct
Costs (see
note 7)
£
339,453		 2021
£
3,381
Support
costs (see
note 8)
£
8,020
2021
£
15,444
121,264
3,101
(434)
10,070
7,806
4,674
3,993
1,305
-
2,067
30,885
5,988
25,512
6,885
-
2,930
5,086
1,319
15,118
-
507
3,619
4,207
14,727
-
3,180
8,125
23,305
1,072
1,976
2,700
273
4,163
8,435
151
339,453		 2020
£
23,662
Totals
£
347,473
2020
£
3,861
535,428
1,526
-
9,881
3,594
3,784
-
5,559
(2,000)
4,330
21,870
6,123
12,467
3,051
328
5,441
2,124
1,383
43,952
49
2,637
-
5,708
22,265
1,093
-
-
-
-
-
-
-
-
9,185
-
703,639

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Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

8. SUPPORT COSTS

8. SUPPORT COSTS
Governance
costs
£
Charitable activities 8,020
Support costs, included in the above, are as follows:
Governance costs
2021 2020
Charitable Total
activities activities
£ £
Hire of plant and machinery - 1,526
Accountancy and legal fees 1,236 -
Independent Examiner 1,200 1,200
Legal fees 2,584 35,283
Trustee indemnity insurance - 539
Professional fees 3,000 -
8,020 38,548
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
£ £
Depreciation - owned assets 8,435 9,185
Hire of plant and machinery 3,101 3,052
10. TRUSTEES' REMUNERATION AND BENEFITS
2021 2020
£ £
Trustees' salaries 15,444 3,861

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.

11. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities
Administration
Caretakers		 2021
£
128,415
6,963
1,330
136,708
2021
4
2
3
9		 2020
£
511,648
19,791
7,850
539,289
2020
5
6
-
11

-15-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

11. STAFF COSTS - continued

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£70,001 - £80,000
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
420,819
Charitable activities
Charitable activities
23,662
Other trading activities
17,717
Investment income
-
Total
462,198
EXPENDITURE ON
Charitable activities
Charitable activities
673,017
NET INCOME/(EXPENDITURE)
(210,819)
Transfers between funds
30,007
Net movement in funds
(180,812)
RECONCILIATION OF FUNDS
Total funds brought forward
828,027
TOTAL FUNDS CARRIED FORWARD
647,215
13.
TANGIBLE FIXED ASSETS
Burial
Freehold
Grounds &
property
Ohel
£
£
COST
At 1 January 2021
631,146
376,279
Additions
-
-
At 31 December 2021
631,146
376,279
DEPRECIATION
At 1 January 2021
-
-
Charge for year
-
-
At 31 December 2021
-
-
NET BOOK VALUE
At 31 December 2021
631,146
376,279
At 31 December 2020
631,146
376,279

-16-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

14. FIXED ASSET INVESTMENTS

14. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
Additions 1
NET BOOK VALUE
At 31 December 2021 1
At 31 December 2020 -
There were no investment assets outside the UK.
15. INVESTMENT PROPERTY
£
FAIR VALUE
At 1 January 2021 448,000
Disposals (226,300)
At 31 December 2021 221,700
NET BOOK VALUE
At 31 December 2021 221,700
At 31 December 2020 448,000

No formal valuations of the investment in the residential property has been carried out. The market value of the investment has been estimated by Trustees with knowledge of the local residential property market. The carrying amount that would have been recognised had the investment properties been carried at cost would be £171,330.

16. DEBTORS

2021
£
Amounts falling due within one year:
Trade debtors
83,275
Other debtors
11,248
94,523
Amounts falling due after more than one year:
Amounts owed by group undertakings
149,702
Aggregate amounts
244,225		 2020
£
89,451
7,482
96,933
-
96,933

-17-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Credit Card
Social security and other taxes
Young Whitefield
MRI Scan Fund
Other creditors
Pension fund
Accruals and deferred income
18.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
At 31 December 2021 there were loans to and from the funds. These were:-
Loan to the General Fund
Loan to the Eruv Fund
Total
Loan from Burial Fund
Loan from Building Levy
Loan from Mikva Refurbishment
Total
19.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Loans to unrestricted fund
Loan from restricted funds
20.
PROVISIONS FOR LIABILITIES
Provisions
At 1 January 2021 £266,300
Released in year 232,800
At 31 December 2021 £ 33,500		 2021
£
2,809
2,797
6,198
2,408
(522)
(260)
424
19,152
33,006		 2021
£
2,809
2,797
6,198
2,408
(522)
(260)
424
19,152
33,006		 2020
£
5,922
1,131
4,392
2,408
14
(13)
401
17,952
32,207
£283,709
£ 14,944
£298,653
£290,349
£ 6,523
£ 1,781
£298,653
2021
£
(283,709)
283,709
2021
£
33,500		 2020
£
(334,534)
334,534
2020
£
266,300

As noted in the 2020 financial statements, the Charity was involved in legal proceedings with senior employees. These matters have now been resolved and the provision of £232,800 has been released.

-18-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

21. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
funds
£
Fixed assets
676,756
Investments
221,701
Current assets
573,369
Current liabilities
(33,006)
Long term liabilities
(283,709)
Provision for liabilities
(33,500)
1,121,611
22.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Burial Board
Eruv Fund
Building Levy
Mikva refurbishment
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Burial Board
Eruv Fund
Building Levy
TOTAL FUNDS		 Restricted
funds
£
406,586
-
357,066
-
283,709
-
1,047,361
At 1.1.21
£
647,215
976,771
(12,631)
37,975
1,781
1,003,896
1,651,111
Incoming
resources
£
781,381
81,421
414
2,118
83,953
865,334		 2021
Total
funds
£
1,083,342
221,701
930,435
(33,006)
-
(33,500)
2,168,972
Net
movement
in funds
£
474,396
43,840
207
(582)
-
43,465
517,861
Resources
expended
£
(306,985)
(37,581)
(207)
(2,700)
(40,488)
(347,473)		 2020
Total
funds
£
1,089,977
448,000
411,641
(32,207)
-
(266,300)
1,651,111
At
31.12.21
£
1,121,611
1,020,611
(12,424)
37,393
1,781
1,047,361
2,168,972
Movement
in funds
£
474,396
43,840
207
(582)
43,465
517,861

-19-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

22. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.1.20 in funds funds 31.12.20
£ £ £ £
Unrestricted funds
General fund 828,027 (210,819) 30,007 647,215
Restricted funds
Burial Board 974,594 2,177 - 976,771
Eruv Fund (12,818) 187 - (12,631)
Building Levy 67,142 840 (30,007) 37,975
Mikva refurbishment 1,980 (199) - 1,781
1,030,898 3,005 (30,007) 1,003,896
TOTAL FUNDS 1,858,925 (207,814) - 1,651,111

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Burial Board
Eruv Fund
Building Levy
Mikva refurbishment
TOTAL FUNDS		 Incoming
resources
£
462,198
68,099
236
3,840
-
72,175
534,373		 Resources
Movement
expended
in funds
£
£
(673,017)
(210,819)
(65,922)
2,177
(49)
187
(3,000)
840
(199)
(199)
(69,170)
3,005
(742,187)
(207,814)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Burial Board
Eruv Fund
Building Levy
Mikva refurbishment
TOTAL FUNDS		 At 1.1.20
£
828,027
974,594
(12,818)
67,142
1,980
1,030,898
1,858,925		 Net
movement
in funds
£
263,577
46,017
394
258
(199)
46,470
310,047		 Transfers
between
funds
£
30,007
-
-
(30,007)
-
(30,007)
-		 At
31.12.21
£
1,121,611
1,020,611
(12,424)
37,393
1,781
1,047,361
2,168,972

-20-

Whitefield Hebrew Congregation

Notes to the Financial Statements - continued for the Year Ended 31 December 2021

22. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 1,243,579 (980,002) 263,577
Restricted funds
Burial Board 149,520 (103,503) 46,017
Eruv Fund 650 (256) 394
Building Levy 5,958 (5,700) 258
Mikva refurbishment - (199) (199)
156,128 (109,658) 46,470
TOTAL FUNDS 1,399,707 (1,089,660) 310,047

23. RELATED PARTY DISCLOSURES

Payroll administration services to the value of £648 were supplied by a firm of which P Mendelson, a Trustee from 1 October 2021 is a partner and security equipment and associated services to the value of £4,277 were purchased from a partnership of which M Leinhardt, a Trustee, is a partner.

Total subscriptions paid by the Directors, and treated as donations, were £29,097.

-21-

Whitefield Hebrew Congregation

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

INCOME AND ENDOWMENTS
Donations and legacies
Members' subscriptions
Offerings and donations
Gift aid
Reserved graves
Other income
Entry fees
Donations re Community Fund
Legacies
YKA - Community enrichment
Other trading activities
Hall hire etc
Kiddushim etc
Yahrzeit plaques
Whitefield draw
Mikva
EL Ohel
Shul events
WJYC
Investment income
Bank interest
Compensation for lost interest
Charitable activities
Government grants
Total incoming resources
EXPENDITURE
Charitable activities
Trustees' salaries
Wages
Social Security
Employer pension contributions
Hire of plant and machinery
Rates and water
Insurance
Electricity, gas and water
Telephone & IT expenses
Postage and stationery
Advertising & PPS
Community education fund
Cleaning and laundry
Repairs and maintenance
Carried forward		 2021
£
383,998
29,656
77,687
1,417
6,439
13,531
-
320,881
6,464
840,073
3,001
4,772
4,064
139
4,400
350
907
2,228
19,861
19
2,000
2,019
3,381
865,334
15,444
112,971
6,963
1,330
3,101
(434)
10,070
7,806
4,674
3,993
1,305
-
2,067
30,885
200,175		 2020
£
395,441
15,639
74,192
1,800
-
436
2,487
-
-
489,995
2,731
2,733
1,325
1,628
4,353
650
1,524
3,423
18,367
349
2,000
2,349
23,662
534,373
3,861
507,787
19,791
7,850
1,526
-
9,881
3,594
3,784
-
5,559
(2,000)
4,330
21,870
587,833

This page does not form part of the statutory financial statements

-22-

Whitefield Hebrew Congregation

Detailed Statement of Financial Activities for the Year Ended 31 December 2021

Charitable activities
Brought forward
Affiliation fees and levies
Festivals, Kiddush & Events
Religious expenses
Presentations
YW, youth and teen expenses
Mikva expenses
WJYC expenses
Funeral expenses & foundations
Eruv expenses
General expenses & travelling
Miscellaneous expenses
Bank & credit card charges
Employee benefits
Meade Hill sexton charges
Bar Mitzvah/Bat Chayil expense
Security
Professional fees
Children's services expenses
General food expenses
Newsletter
Plaque expenses
Charitable donations
Fixtures and fittings
Bank interest
Support costs
Governance costs
Hire of plant and machinery
Accountancy and legal fees
Independent Examiner
Legal fees
Trustee indemnity insurance
Professional fees
Total resources expended
Net income/(expenditure)		 2021
£
200,175
5,988
25,512
6,885
-
2,930
5,086
1,319
15,118
-
507
3,619
4,207
14,727
-
3,180
8,125
23,305
1,072
1,976
2,700
273
4,163
8,435
151
339,453
-
1,236
1,200
2,584
-
3,000
8,020
347,473
517,861		 2020
£
587,833
6,123
12,467
3,051
328
5,441
2,124
1,383
43,952
49
2,637
-
5,708
22,265
1,093
-
-
-
-
-
-
-
-
9,185
-
703,639
1,526
-
1,200
35,283
539
-
38,548
742,187
(207,814)

This page does not form part of the statutory financial statements

-23-