REGISTERED COMPANY NUMBER: 09031058 (England and Wales} REGISTERED CHARITY NUMBER.. 1164798 R•port ofthè Trust••s and Unaudited Financial FAatements for the Year ErMl8d 31 December 2024 for Whitefield HebTrw Congregation R Zolts"e & Co 84 Park Lar Whitefield lanchester M45 7PL
Whhefleld Hebrew Ccrf)gwatlon Conttnts of thè FinarKlal Statèmènts for the Year Ended 31 Dernber 2024 Pa9e Report of the Trustees 1 to 5 Independent Examinerfs Report Statement of FIDan¢lal Adriitles Balance Sheet Cash Flow Statoment 10 Not•s to thè Cash Flow Statèm•nt 11 N*ths to the Financial Ststements 12 to 21
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 R•port of thè Trustèès for the Year Ended 31 De¢ember 2024 The trustees who are also directors of the charity for Ihe purposes of the Companies Act 2006, present their report wilh the financial stalements of the charity lor the yèar 8nded 31 D&cemb6r 2024. The trustees havè adopted the provisions of Accounting and Reporting by Chanlies.. Statement of Recomrnended P?ctice applicable lo charilies preparing their acwunts in accord8nG8 with the Financial Reporting Standard awicable in the UK and Re1¢ of Irelwd {FRS 1021 (effective 1 January 20191 This report and finanaal statements should be reaj in conjuncbon wth the Annual Report published by Whitefield Hebrew Congregation. OBJECTIVES AND ACThltnES Objectives and aims Whitefield Hebrew Congregthn is a company limited by guarantee in aco)rdarte wth the latesl regulations. Our company'$ aim$ arxl obie¢ti¥e$ are fom)alfy stated to bÈ as folknvs:_ To promote the Jewsh religion in accordance with the custorns. cerer)nIeS and tradilion5 of orthc*ox judaism by- IA) Providing and maintaining in Whilefld a pl ol worship, religous serwces and education for the benefit of the orthodox comrnunily in Whitefield. IBI ProvidIt burial faalities in accordance with the requiremenls of orlhcmlox Jthaism. IC) Promoting pastoral and cultural support arKI sotial and rÉcrÈational actNitiÈs. This is achieved by the operatTr of a synagogue and soryal events al the Congregalion¥ premises, together with SLPPOrt lor other Jewish and non- Jewish charities in accordance with Jewish law. The tnJstees confirm that they have referred to the guidance contained in the Charity Commission's g¥ra1 guidance on pu1¢ benefit and in pacUlar. the speufic guidance on charities for the advancemènt of rel10n. when rewewing the Ccngregats"on's aims arKI ubi8Ctivès and in planning future aCtltIeS
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 R•port of thè Trustèès for the Year Ended 31 De¢ember 2024 ACHIEVEMENTS AND PERFORklANCE Charltable actlvltles Tha charity continuès to m88t its obieclives, th m8mbgrthip r)aining slable throUgPt the y&3r. Events and s8rvic6s hav8 continueoj to expand. and our charitable and religious programmes rw offer an ever*rowng raJe of optK)rtunities Yor 8118ges. from the yr)ungest lo the oldest members of our community- We have seen particular growth in both r edLtional and social events for ajults. Al our core. we remain committed to modem orthodox Judaism. Israel. educatK)n, socia activities. caring for our members. Week by week and month by month, we connect with hundre¢Js of people Ihrough our wide variely of pr(¥Jrammes. Through initiatives such as Kesher cnect. we continue to offer wtal suppcrt to members. arranging meals, shopping. medical appoinlmenls, phone calls, and home visits. We distribLte charitable funds to needy causes both locally, nationally, and intemationally. induding charities outsmle ol the Jesh communty. We also support mernbers have lost a loved one by arranging funerals and organising prayer services in the homes of mourners. In addition, we welcome visits from the vAder communty. parb'cularty schools hosted by wr dedicated volunteers. Our community CC>ntinues to be inspired and led by Rabbi Ephraim. Rebbetzen Malki, and Mychiel Balshine. whose energy and dèdication strengthÈn all_ WÈ are equally grateful to IhÈ dozens of "rfdunteÈfb give so much of thÈir time in both official and unDfficial roles. Withoutthem. none of Dur achievemenls would be possible. We are fortunate to have a strong prolessh)nal team. HaWey Showman has developed in her role as General Manager, and Saul & Chani Bishop continue to make a hugely positilie impact as Youih Directors. Our office team-Francine Levy and Andrea S3yers-tog8tFEr with our carBtakers Dougie, Alison. Keith. and GIDri3. keep everything rLJnning STTlODthly. Wa are also d8eply apprecialive of the Gefen and Cohen famil'es, whose contribution5 lo our daily lrfe are invalual)le. We are pleased io report that Oa¥¥J Krebs was appM)inted as Shammas. atirffj in the daY-tdaY running of our seices. l extend my thanks to my Executive colleagues SNI Board members. who volunteer their tiTTie and expertsse wilh dedicabDn and tslent. guiding Ihe development of our growing comrnunty. Sperial re(n"0Th must 8150 go to our Security rota volunteers who protect our 0gregation. lo Jan Levinson. our Honorary Solicilor. and lo Richard Zolty"e. our Independent Exarniner. for their invaluable wod(. Our focus rernains on provKYing outslandirg servites hj all members and ensurin9 Ihat Ihose in need receive support To all who have suffered a bereavement Ihi% past year. we wish you arichus yomim-a "long life.. And to all who have celebrated simcha. we extend a heartf1 mazdtov. May the year ahead bring good health. strength. and blessiThJs to us all.
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 R•port of thè Trustèès for the Year Ended 31 De¢ember 2024 FINANCIAL REVIEW Flnanclal revlew l am p16asèd to presènt the finarrial accryJnts of tha SYnaw9 for th• year endèd 31 December 2024. As anticipated, it has been an aclive and productive year for the synagogue. building upon the solid fr)undations established in previous periods_ Mertjership income lolalled £393,713. remainiThJ boadty cowstent with the yearfs figu of £392,563. Other incDme streams also demonstrated la'Ve stsiM"lity. During the year. Ihe synagogue disposed ol its share in a property investment previously held at a lair value of £180,000. realising proceeds of £160,000. Although this trsaCtIon resulted in a loss on disposal, it enabled the release ol funds which have contributed positively to the organisatmm's IKIU1ty. Associated exceptional legal costs were also inojrred in connection with this transa¢tion. Expenditure on primary purpose aCtIe$, such as kiddushim and communty events, increased modestty from £59.316 to £61.S95. This reflects both a rise in the number of events he and the general inflatiorary pressures affecting the cost ol delivery. These events, which are subsidised by the synagogue. are desonAd lo enge and benefit the entire community. The Board considers this ÈxpenditLwe essential to fulfilling thÈ eharty's objectives. Where feasib. sponsorthips and donations are sought to support these initialive5. Staff costs rose from 47,179 to £285.329. primarity due to increased office and nUal pay increments. In summary, thè above facloTS contributed to a defictt of £54,13g in thè genal fund. This folbws sèveral yèars of surplus and, while the OrglSatIon airns to yrate on a break-even basis, occ2sional deficits may arise due lo external circumslances beyond its control. The Board remains satisfied wilh the overall finanoal positi'on but ad(nowledges the to enhance income levels in light of rising operational costs. Accordingty. the Board ard management are actively exploring avenues lo secure additional funding to safeguard the synagogue's finanaal sustainability. The Burial Board continues to operate in sur5, wrth an increase of £18.212 during the year. thereby ensuring that burial arrangements remain available for all members wn requirgj. I would like lo take this opp)rbJnity to express sincere gratitude lo those members who consistently pay their membership subscriptions In a timety manner. ThÈ synagogue's ability to furbthn and ad)ieve rts Obl[veS is reliant on your tontinuÈd support I would a150 encourage members who have historically benefrteil trom long-term di%ounted rates to reassess their financial circumstances and consider in¢reagng their ntributions. V+thwe PK6sible. to 1P sustain the heart of our community. Every extra contribution makes a meaningful dIffer. Principal funding Sr¢e$ The principal fvnding sources for the cOrregatIOn are members. subwpbons 3rKI donatK)ns. Reserves policy The Trustees endeavour. on an annual basis. to ensure thal members. subscripijons and donab.ons generate sufficienl reSoUrS lo meet the organisalion's ants"apated ext)endilure. With regard to reserves, the strategic 0.eCtIve is lo increase the kvel of unre51ricled reserves lo a point that ensures the ongoing financial stability of the synagogue. inclvding Ihe capaaty lo absorb Unfores cosls. The Board interids to adopt a more formal reserves policy in Ihe near futu lo supptyt this aim. As al 31 December 2024, the charity hdd unresticted resources aiNiunting lo £I,12,237. However, when adjusted for fix&d assets. free reserves stood al £107.073. This figure rK)tabty below Ihe eqUivent of three months. regular expenditure, indicaling th31-despite t1 absence ol a lorrnal l¢Y-there is a dear I to address the currer)t reserves Posltion. It is also important to note that the General lunrestrictedl Fund carries liabileS of £282,653 owed to Ihe reslricted fvnds, further unduscoring the nacessity ol str6ngthenirKJ thè organisatK)n's finarKia resilienc8. FUTURE PLANS Our purpose to promots Jewish religion remains unchawl. We beIVe Ihal our services must adapt and thange in line wrth the needs of the cornrnunity. In this ever-changing world. we want lo provide for all our Gotnmunal needs by tuming the building in lo a c(xnmunity hub. accessible lo all people ol all ages_ A where eVerye will feel valuec. welcorned and respected. a centre that is fit for purtx)se for the next nty to thity years We have a cornmltee who are ta5kal with undertaking a comprèhensive assessment of the existing building and propose options of how the building can be develop&J to suit our lOng-terM needs. We anticipate Ihat fundraising lor the building wo(k will commence in Ihe very near future as it will be required pr to the commencement of the first phase of the project.
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 R•port of thè Trustèès for the Year Ended 31 De¢ember 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document Tha charity is conlrollsd by its wveming dmnt. a d88d ol irust, and constitoS a MIled c(xnpany, llniled by guarant8e, as defined by the Comp8ni85 Act 2006_ Organlsatlonal structure The Board ol Iwstees. who are also Directors of the company administers the tharity. The Board meets every 2 months, and there are b-COmMitteeS covering social, educati. Kesher conCl. ligh, financial and t4Jilding matters. Rlsk management The Truslees have a duly io identify and review Ihe risks to which the Charity is exposed and to Sre appropriale controls are in place lo provide reasonable assurance against fraud and errc*. The Dire¢tors have a risk management Strategy vA)th compris&S'. - A review of the principal risks and uncertainties Ihat Ihe charty fa - The estsblishment of policies. systems and proTrdures to miligate Ihose risks klentified in the remew.. and The implementation of procedures designed to minimise or manage any potential Impact on the charity should those risks MatlaliSe. In the current financial climate. the charity has hlentified Ihe followng financhql risks.. - Economic unrtainty brought about by the c05t ol liwng crisis. and tre assoc4aled loss of inwme from redu rrEmbership lees The spiralling wsts of running the synagogue building The deterioration of the fabric ol the synagogue building Pressure placed on VDluntary charitable contributions - The long terrn dline in youro farni1S joining SynagrUe$, and hence Ihe polenbal rthction in members. REFERENCE AND ADMINISTRATIVE OETAILS Registered Company number 09J31058 (England and Wales) Registered Charity number 1164798 ReglStÈred offite P8rk Lane Whitefield Manchester M45 7PB TTU51ee5 E H¢Jwich M Jayson Accountant lappoinled 115120251 T S Leigh M E Leinhardt Dr F Maynard A Woolfstein Isigned 31112120241 Mrs J Berger S Le'iine S D Phillips R C Miller B M Oster (resigned 111r20241 G A Levine Mrs M L Calmonson Mrs D Journo D A Pinkus lappointed 111120241 R Bradstock lappoinled 117120241 Independent Examlner R Zoltie & Co 84 Park Lane Whitefield Manchester M45 7PL
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 R•port of thè Trustèès for the Year Ended 31 De¢ember 2024 This port has been prepared in accordan with the special provisions of Part 15 of the Companies Act 2006 rdating to small companies. Approv8d by orO8r of the boaril of truslees on 25 Septemtxr 2025 and sign8(I its behalf by.. D A Pinkus- Trustee
Intyndent Exam19 Report to the Trustees of Whttèfl•ld Hèbrèw Congrtgatlon Independent examlnef$ report to the trustees of Whitefield Hebrew Congregatlon Ilhe Company'l I reFK)rt to the Gharity Irustees on my exarThnation ol the accounts of Company lor year ended 31 December 2024. Responslbllltles and basls of report As thè charity's trustèes of the Cthrpany land also its directors for th8 purposes of (r)mpany kwl you ara responsible for thè preparatn ofthe accounts in acGordarKewtth the requirements of the C(KnpaThes Act 2006 Ilhe 2006 ACYI. Having satisfied myself that the accounls ol the Company a not r&]uired to be audited under Part 16 of the 2006 Act and are eligitle for independent examination. I rerort in respect of wy examirotion of ur charivs accounts as carried out under Section 145 01 the Charities Act 2011 1.the 2011 Act'l. In carrying out my examinaOn I have followed the Directions given by the Charity Commission under Section 1495) Ibl ol the 2011 kt. Independont examinerfs ststement Since your charity's gross incwe exceeded £250.(Kx) your examiner must be a mber of a listed body. I can confirm that l am qualrfied to uThlertake the examinal'on because l am a member of the Instibjte of Chartered Accountants ol Scotland. which is one of the listed bodies. I have completed rny examinatic. I confirm that no matters have corre to my attentsc in connection with the examination giving me cause to believe.. accounting records wèr& not kept in respect of1he Company as rÈquirÈd by Séction 386 01 thè 20(* Act,. or the accounts do nol accnrd with those records- or the accounts do not comply wth Ihe accounl'ng requirements of Section 396 01 the 26 Act other Ihan any requirement that tIE accounts give a true and fair view Which is nol a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles ol the Statement of Recommended Practice for accounting and ieporting by ch3rib.es (applicable to tharitips preparing their accounts in acctrrdanGe Wlth th Financial Reporting Standard applicable in the UK arKI Rewblic of Ireland IFRS 10211. I have no COnrn$ and have ¢ome across no olhei matters In connection wth the examinab'on to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Richard Zoltie CA The Institule ol Cttarted Accountants ol Scolland R Zoltie & Co 84 Park Lane Whitelield Manchester M45 7PL 29 September 2025
Whhefleld Hebrew Ccrf)gwatlon Statèmèrtt of Fifianelal Actlvltlès for the Year Ended 31 De¢ember 2024 2024 Total funds 2023 Total funds UnreslrKted JThJs Restricled fvnds Not8s INCOME AND ENDOWIAEMTS FROM Donations an¢ legacies 468.830 98.985 567.815 576,474 Other trading acb'vities Investment income Other income Total 58,195 3.697 3,500 7,348 61,695 11,045 59,316 7,639 6.725 650,154 530,722 109.833 640.5SS EXPENDITURE ON Charitable activiti•s Charitablo aGtivities 535.609 29.055 814,277 Other Total 29 252 .861 2g.252 658.307 93.446 614.277 Net gains111055e5} on inve51rnen15 NET INCOMEIIEXPENDITUREI 154.1391 16.387 137.7521 35,877 RECONCILIATION OF FUNDS Total funds brought fOard 1.Z36.376 1.076.122 2.312.498 2,276,621 TOTAL FUNDS CARRIED FORWARD 1.182.237 1.092.509 2.274.746 2 312 498 The notes fomi part of these financial statements
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 Baaneè Shett 31 DerRnJber2024 2024 2023 Note5 FIXED ASSETS Tangible 3ssots Investments Investments Investment propety 13 1,075,164 1,1)82,196 14 15 180.000 1,262,197 1,075.165 CURRENT ASSETS Debtots Prepayments arKJ drUed incorne Cash at bank arKI in hand 16 48S,457 7,963 760,433 1,253,853 458,696 8.260 641.186 1,108,142 CREDITORS Amounts falling due wthin one year 17 154,2721 157.8411 NET CURRENT ASSETS 1,199,581 1,050,301 TOTAL ASSETS LESS CURRENT UA8ILmES 2,274,746 2.312,498 CREDITORS Atnount5 falling due after more than one year 18 NET ASSETS FUNDS Unresthcted funds: General fund RestriLIEd lunds." Bunal Boaid Eruv Fund Building Levy Mikva refurbishment 2 274 746 2 312498 21 1,182,237 1.236.376 1,067,901 16,5531 29,380 1,781 1.092.J09 2 274 748 1.049,689 16,5531 31.205 1.781 1.076.122 2 312498 TOTAL FUNDS The charitable company is entitlgd to 8x8mptKJn from audit under Section 4T1 of th& Companies Act 2006 lor the yèar ènded 31 December 2024. The members have not required the company to olAain an aLKfjit of its finanual stateents ts the year end1 31 DeTrmber 2024 in accordance with Section 476 ofthe Companies Act 2006. The trustees acknowledge their resp(sibl1tieS for la) ensuring that Ihe charitable company keeps accountiThJ records thal comply wth Sections 386 and 387 of the Companies Act 2(Y)6 and preparing financial statements whh give a true and fair view of the stste of affairs of the charitable company as at the end of ea¢h financial year of its surplu$ or deficit for ea¢h financial year in a¢cordan¢e with the quireMents of Sections 394 and 395 and which othen*ise comply the requirernents of the Companies Act 20( relaling to financial ststements, so lar as applicable to the charitaNe CoMy. Ib The notes fomi part of these financial statements
Whltefield Hebrew Congregatlon (RStered Nmber: 09031058 Balancè ShÈèt- eontinuèd 31 Decernber JJ24 These financial statemenls have been prepared in accordance the provisi¢Ms applicable lo charitabl8 wmpanigs subject to th small companies regime. The flnancial slatements were approveo by the Board of Truslees and authorised for issue on 25 Septsmbw 2025 an(J werg skJn8d on its behalf by_. D A Pinkus- Trustee M Jayson- Truslee The notes fomi part of these financial statements
Whhefleld Hebrew Ccrf)gwatlon Cash Flow Statèm•nt for the Year Ended 31 Dernber 2024 2024 2023 Notes Cash flows from operatlng acifvltl&s Cash generated from operations Net cash (used inyprovidsd by opgrating a¢tMtigS 6.449 6.449 59.086 Cash fl¢)ws from Investln9 aetlvitl•s PurGhas9 Of tsngib18 fixFJd assgts Sale of Investment property Loan to subsidiary utyjertaking 14691 160.OLYJ {33,8351 17.5911 134,7871 Net cash provided byllused in) inveS.ng actiwties 125.tsry6 Change In cash and cash equlvalents In the reporting period Cash and ¢ash equivalents at Ihe beginning of the reporting period Cash and cash •quival•nts at th• •nd ot the reportlng perlod 119,247 24,908 641.186 616.278 760.433 641.186 The notes fomi part of these financial statements -11
Whhefleld Hebrew Ccrf)gwatlon Notès to t Cash Flew Statèmènt for the Year Ended 31 De¢ember 2024 RECONCILIATION OF NET IEXPENDITURE)nNCOME TO NEf CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net lexpendlturelllncome for the reportlng perlod (as per Ihe Statement of Financial Activities) Adjustments for: Depreciation charges Lossès on Invèstmènts Decreasellin¢reasel in debl(xs IDecreasellincr8ase in credilors Net cash Ius8d inllpro¥ided by operations 137,7521 35,877 7.501 20,DCI 7.371 8.280 1661 14.995 ANALYSIS OF CHANGES IN NET FUNDS A11.124 Cash flow At 31.12.24 Net cash Cash at bank and in hand 641.186 641,186 641.186 119,247 119,247 119247 760.433 760,433 760 433 Total The notes fomi part of these financial statements -11-
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finandal Statèmènts for the Year Ended 31 Dernber 2024 ACCOUNTING POLICIES 8asls of prèparlng the flnanclal statèmonts The finanGial statements of the charitsble company. which is a publK benefit enlity under FRS 102 have been pr8pare(I In accordance wih the Charities SORP IFRS 1021 'Accounting and Reporting by Charilies.. Statement of Recommended Practice applicable to charities preparing their in accordan with the Financial Reporbng Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January 20191,. Financial Reporbng Standard 102 'The Fin£ncial Reporting Standard aprable in the UK and Republic of Ireland, arNJ the Companies Act 2CTrD6. The financial statements have been prepared urKler the historical cost convention. with Ihe exception of investments which ar8 included 8t tNqrket value. as modffEd by the revaluatb)n ol certain assets_ Pr•pwation ol consolidated financial statements The financial statements contain informati(y) atKJt Ivhilefjeld Hebrew Congregation as arn individual company and do not ¢ontain Consolidated finan¢ial infomation a$ the pent of a gtoup. The Charity is exempt uThler Section 39912AI of th& Companies Acl 2(fj from the requirements to prepare consolidated finanoal statements. Incom• All income is recognised in the Statement of Financial ActNities once charity has entitlement to the funds. it is probable that thÈ intome will be received and the amount be measured reliably. Expenditur• Liabilities are recognised as expenditure as soon as Ihere is a legal or o)nstructi¥e obligalion committing the charity to that expenditure, it is probable that a transfer of economic benefits 11 be required in settlement and the amount of the obligation can be measured ieliably. Expenditure 15 3C[xnted fot on an aBcruals basis arid has been G13ssified undèr headings that aggregate all cost relaled to the Category. Where rnsts cannot be directly attributed to parti¢ular headings they have been allwated to activitie5 on a basis nlstent with Ihe use of resources. Tanglble fixed assets Depreciation is provided at the ftAlowing annual rates in otdÈr to lte off pach asset over its estimatpd useful life. Freehold propety Burial Grounds & Ohel Fixtures and fittiws not provided not provided 10% reduung balance Investment property Inveslmenl property is swn at rrDsl recent Valuatic. Any wjregate rPluS or deficAt arisirvJ from changes in lair value is cognised in the Sialenknt ol Financial Activib"es. Taxation The charity is exempt from corporatK)n lax ils chantatAe aclivities. Fund accounting Unresiricte(J funds can be used in accorda with tr d)arilable rt4ectNes at Ihe discretion ol the trustees. Reslricted funds can only be used lor PartIr restrted purpK)ses swthin the (*)iects of the charity. Restrictions arise when specified by the donor or when funds are sed for particular restricted purw)ses. Building Levy This represents funds sp8Gtfically W on I1 MArShIp to carry t1 major crfjitsllrepair projects. Burial Board This represents funds raised for the prowsion of fvneral and assoaated services the death of a mmber of the Burial Board. Eruv Fund This represenf5 funds raised for the provisTon of an Eruv which is a ritual enclosure that traditionalty observant Jwsh communities ccnstruct in their neight#)urhoods as a way to permit the transference of objects from one area to another. Mikva Refurbishment FurKI This represents funds raised to reknrbish the Mikva. vthich is a ritual bath_ -12-
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 ACCOUNTING POLICIES- conlnued Hlro purchas• and l•aslng commlbnents Rentsls paid under operating leases are charged to th8 Statement of Financial Activities on 8 slr8ight Ilne basis over th8 period of the lease_ Penslon costs and other p0st¢t1remeTrt beneffts The charitable company operates a defined conlribulion pension scheme. Coniribulions pa>able to the charitable company's pension erne are charge(J ¢0 the Slatemenl of Financial Activilies in the perio¢J to which they Idat8. LK)NATIONS AND LEGACIES 2024 2023 Members, $ubs¢riptions Offerings and donations Gifta Reserved graves Pemiil & foundation fees Othèr intomÈ Enlry fees Legaoes YKA. Community enrichment 393.713 44,735 82.051 1,6SD 5,838 4.750 26.149 217 8.712 567 815 392.563 36.358 83.038 1.050 7.284 17.428 34.124 4.629 576 474 OTHER TRADING ACTniiTIES 2024 2023 Hall hire etc Kiddushim Ètc Yahrzeit plaques Mikva EL Ohel Shul events 5.T19 19,825 2,DCID 7,1 05 3.50 23,746 7.734 17,946 7,875 4,787 300 20.674 INVESTMENT INCOME 2024 2023 Bank interest Compensation ts lost interest 9,D45 5,639 2,000 -1&
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 CHARITABLE ACnVITIES COSTS Direct Costs Is8 notg 61 Support costs Isèè nole 71 Totsls Charitae tivitieS 629 055 DIRECT COSTS OF CHARITABLE ACTMTIES 2024 2023 Staff costs Hire of plant machinery Rates and water In5ur3nce 285,329 1.541 2.77 10,505 8,1 Q4 5,221 1,743 247,119 3,180 4,987 10.715 9.680 5.267 2,071 70 11.479 33.746 5.888 60,257 8,OD1 50 4.523 18,831 8,792 34,690 4.403 9.309 7,033 30,542 3,530 13.593 23.063 3,368 1,093 6,702 2.650 1.122 3.448 180 3.876 1.767 1.277 529 Electrlty and gas Telephone & IT expenses Postsge and stationery Advertising & PPS Gleaning and laundry Repairs and maintenance Affiliation lees and levies Fesknvals, Kiddush & Events Religiou5 expense5 Presenl8tions YW. youth and teen expenses Mikva expenses WJYC expenses Funefal expenses & fourKIth"ons Gengral exp8ns85 & travelling Miscellaneous expenses Bank & credit card charges EmplDyee benefits Bar MitzvahlBal Chayil expense Securiiy Prolessty)nal fees Children's services expenses Computer running costs General [d expenses Newsletter Plaque expenses Charilable donations Premises expenses Youth work eXnlture Leadership eoursé èxpènsès Subscriptions Training courses Books and Seforim eXndItUre Dèpreciation ImpairmÉnt losses 15,D117 46,185 6,98S 65,328 8.474 225 5.77 8,790 3,901 57,145 1.696 9.206 6,595 6,59Ql 6,514 13.122 18,799 3,122 277 5,550 2.750 255 4,987 238 2,259 528 1,S28 35C 7,5C11 8,280 625.771 603 371 -14-
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 SUPPORT COSTS Govemance c(>sts Charitable actsmties SuPrt costs, included in Ihe above, arè as folk)ws'. Governance cosis 2024 Charitabl activrties 2023 Totsl activities Accountancy ad legal fee5 Independent Exarniner Legal lees 960 1,4QD 924 1.942 1.300 7.664 10.906 OTHER 2024 2023 Exceptional legal fees Support ¢osts 29,252 3.284 10,9D6 Exceptional legal costs NET INCOMEIIEXPENDITUREI Net incomel{expenditurel is stated after chargingllcreditingl= 2024 2023 Depreciation - owned assets Hire of plant and machinery 7,501 8.280 3.180 10. TRUSTEES. REMUNERAnoN AND BENEFITS There were no trustees, refflunerat or other beneffts for the year ended 31 December 2024 nor for the year ended 31 December 2023. Trust885' expenses There were no trustees, expenses paid fcw the year ended 31 December 2024 mr for the year ended 31 De¢ernr 2023. -1
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 11. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 263.367 17.251 4.711 285 329 225.480 18,444 247179 The average tnonthty nuTnbgr of em 0yeeS during ts year as ftll(yw5'. 2024 2023 Charitie tiVItIeS Administration Caietakers No employees received emoluments in excess of £60.¢JXI. 12. COMPARATIVES FOR THE STATEMENT OF FINAMCIAL ACTMTIES Unreslricted funds Restricted funds Tot81 lunts INCOME AND ENDOVIMENTS FROM oationS aiid le9aci¢s 489.595 6e.879 576,474 Other trading aCtltIeS Investment income Other income Tolal 59.016 5.241 6.725 0.577 300 2,398 59,316 7,S39 89,577 EXPENDITURE ON Charitablè aetivitiès Charitable activities 541,601 72,676 614,277 NET INCOME 18.976 16.901 35,877 RECONCILIATION OF FUNDS Total furK15 brought forward 1.217.4LK) 1.059.221 2,276,621 TOTAL FUNDS CARRIED FORWARD 1.236.376 1.076.122 2 312 498 -1
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 13. TANGIBLE FIXED ASSETS FiXtuS Thj fittin95 Freehdd GrndS & Ohel Totsls COST At 1 January 2024 Additions At 31 December 2024 OEPRECIATION At 1 January 2024 Charge ftsr year At 31 December 2Q24 NET BOOK VALUE At 31 December 2024 At 31 December 2Q23 631.146 376 279 389,801 469 3,270 1,397,226 489 1 397,695 631,146 376 279 315,030 7,501 322 531 315,030 7,501 322 531 631.146 631.146 376 279 376 279 1075 164 1082 196 14. FIXED ASSET INVESTMENTS Shares in group undertakings MARKET VALUE At 1 January 2024 and 31 December 2024 BOOK VALUE Al 31 Decembw 2024 At 31 D8c8mbef 2023 There were no i)veslment assets OLtside UK. 15. INVESTMENT PROPERT FAIR VALUE At l January 2024 Disposals Al 31 Decembw 2024 BOOK VALUE At 31 Oecembw 2024 Al 31 Decembw kU2J 180,000 180 0001 IIJO ULI Tha Charity's share ofthe property was disposed of during the year. -17-
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 16. DEBTORS 2024 2023 Arnounts falling du8 within one year_ Trade deblors Oiherdeblors 79.846 11.2Q17 85,702 Amounts falling duè after more than one year. Amounts Ow1 by group undertakwigs 394.4C12 360 56T Aggrègatè amounts 485 457 458 696 17. CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Credit Card Social security and other laxes YKA Israel Young Whitèfièld MRI Fund OtherGreditor5 Pcnsion fund Accruals and ijefetred incoTh 23.176 3.113 5.T40 16,142 673 5,635 7,250 2,408 3,961 12,967 818 2,4C18 4.357 12601 1.128 18. CREOITORS: AMOUNTS FALLING DUE AFTER MORE ThAN ONE YEAR At 31 Dec8mb8r 2024 there wre h)ans io from thè fun(Js. Th wer8:_ Loan k> the General Fund Loan b) the Eruv Fund Total £282,653 £8.497 £291.150 Loan trom Burial Fund Loan trom Building Levy Loan trom Mikva Refurbishment Totsl £276,409 £ 12.960 £ 1.781 £291.150 19. LOANS An analysis ol the maturity of kTran5 is given below.. 2024 2023 Amunts falling due in rTK)re Ihan fve years.. Repayable OtheIS8 than by instalm8nts'. Loan5 to unrestrcted fuTrJ Loans from rES1ric funds 1291,1 SQll 291.150 1269,7481 269,748 -1
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 20. ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total fun¢8 2023 Total funds Unrestricted funds ReStrtOd furKJs Fixed assets Investrnents Current assets 682.465 392 699 1,075,164 1,082,196 180,001 1,1Q8,142 157.8411 830.489 148 (*5 282.653 1.182237 423 364 16 2071 282 653 1.253,853 154.2721 Long lemi liabilities 2 274 746 2 312498 21. MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1 1.24 Unrèstrlct•d funds G¢neral fund 1.236.376 154,1391 1.182237 Restricted funds Burial Board Eruv Fund Building L&vy Mikva refurbishment 1.049.689 16.553) 31.205 1.781 1.076.122 16.387 2.312.498 37 7521 18,212 1,067,901 IS,5531 29.380 1.781 1,092.509 2 274 746 {1.8251 TOTAL FUNDS Net movemenl in funds, indLNled In Ihe above are as Idlows. Incoming Resource5 expended Gains and kjsses Movement in funds Unrestrlcted funds General fund 530,722 1564 861) {20.OfYJI 154.1391 Restrlcted funds Burial Board Building Levy 109.833 191.621) 1 825) 18,212 109.833 640.555 16.387 37 7521 TOTAL FUNDS 658 307 -1
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 21. MOVEMENT IN FUNDS- continued Comparatlv•s for movement In lunds Net movement in funds At 31.12.23 At 1 1.23 Unrestrlcted funds General fund 1.217.4 18,976 1,236,376 Rostricted funds Burial Board Eruv Fund Building Levy Mikva refurbishment 1.029.757 16.553 34.236 1.781 1.059.221 2.276.621 19,932 1,049,689 18,5531 31,205 1.781 1.076.122 2 312498 {3.0311 16.9C11 3S 877 TOTAL FUNOS Comparative nei movement in funds, included in Ihe above are as folk)ws'. Incoming Resources expended Movernent in funds Unrestrlcted funds General fund 560,577 1541.6011 18.976 Restrlcted funds Burial Board Building Levy 89.5T7 169,6451 19,932 3.0311 16,901 89,577 72.6761 614 2771 TOTAL FUNDS A current year 12 months and pTh)r year 12 monlhs combined Fosition is as follo.. Net movement in funds At 31.12.24 At 1 1.23 Unrestrictèd funds Gener81 fund 1.217.4) 135,1631 1,182,237 Restricted funds Burial Board Eruv Fund Building Levy Mikv8 refurbishment 1,029,757 16.5531 34,236 1,781 1.059.221 33,288 2 276 621 1 8751 38,144 1,067,9D1 16,5531 29,380 1.781 1,092,509 2 274 746 14,8561 TOTAL FUNDS -21
Whhefleld Hebrew Ccrf)gwatlon Notès to thè Finaneial StataMnts- contind lor the Year Ended 31 Dernber 2024 21. MOVEMENT IN FUNDS- continued A current ysar 12 months and pr y8ar 12 months (bIad nat movem8nt in funds, indud8d in thè abov8 arè as lolbws.. Incoming resources Reswrc95 expended Gains and losses Movgment in funds Unr•strlct•d funds Geneial fund 1.091.299 11.108462) {20.orM)I 135.1e31 Restricted funds Burial Board Building Levy 199.410 1161 266) 38,144 199.410 1..709 166.122} 1 272 584 33,288 TOTAL FUNDS 22. RELATED PARTY OISCLOSURES Securily e4uipinei)t and associ8led ServIS lo ihe value of £774 were wrd)ased from a parinership of whidi M Leinhardl, a Trustee. is 8 Partner. IT equipmenl to value of £516 Vfd5 purchased from a MpanY (x)ntrolled by S Durban and sundry services lo the value of£288 were fxjrchased from Y Wagman. Total subscripti¢$ paid by the D1clOr$. aThJ Irealed as th)nalJons. were £12.884. -21-
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