REGISTERED CHARITY NUMBER: 1165261
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2020
for
Bury Hebrew Congregation
R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ
Bury Hebrew Congregation
Contents of the Financial Statements for the Year Ended 31 December 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
Bury Hebrew Congregation
Report of the Trustees for the Year Ended 31 December 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Congregation shall be:
(a) To provide for people of the Jewish faith, a place of worship, religious services, religious education, and marriage and burial facilities, at such a scale of fees as may be laid down from time to time; and
(b) In furtherance of the primary object, to provide social and cultural facilities compatible with an Orthodox Congregation.
Public benefit
The synagogue was established as a place of worship. Services are held 3 times a day and are open to all whether a person is a fee paying member or not. Study is available in many forms and we have a free library of tapes and books.
Also, we are a social centre for the Community with activities for young and old. Events are usually connected to Festivals, as well as the Brownies and Friendship Group which meet weekly. Also, The Jewish Theatre Group holds rehearsals & productions in the building.
The synagogue hall is used for Weddings and other celebrations.
Led by the Rabbi we offer help to those who are ill and those who are bereaved. Visits to hospitals and homes are made. Meals are prepared and delivered and prayers are said.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Continuing the trend, the past 12 months has seen a further decline in the Synagogue membership. This is due to the demographics of the community with little influx of new residents but a continual move of families to other parts of Manchester and the UK in general. As a result we have reduced the number of services we hold to the absolute minimum . Our volunteer choir continues to ensure our Sabbath and High Holy Day services are appealing and engaging. We still have a core membership who are committed to the Synagogue and its survival and who are the lifeblood of our services. We have a very dedicated young member of the Board who has arranged some excellent children's events and these have proven to be very popular in the community and we will continue to hold these.
Our social committee also puts on a variety of events to raise money for the Synagogue. People who visit us from other communities report favourably on the very welcoming atmosphere in our Synagogue and the quality and ambience of our services.
We continue to support many other activities on the premises including Brownies, the Jewish Theatre Company and Choir, the Manchester Jewish Soccer League, a very active men's discussion group, the League of Jewish Women, plus other fund-raising events for the community in general. The core ethos of our Synagogue is to promote it, not just as a place of worship but a focal point in the area for the Jewish Community of Sunnybank and Unsworth.
FINANCIAL REVIEW
Financial position
As membership continues to fall, so does membership income and we have offset this by running social events. We continue to operate strict cost controls, tight governance and a focus on other areas that generate income to support our activities as above. Where expenditure is needed we will often try to get this sponsored by voluntary donations or grants from the Office of the Chief Rabbi. Operating costs are mainly fixed, save for items such as repairs which we allow for and funeral costs which are hard to predict and our ongoing goal is to try to encourage new members as well as improve other revenue streams. The Trustees are committed to ensure the longevity of the synagogue through good fiscal management and the promotion of the building and its environs as a community facility as well as a place of worship.
Reserves policy
The charity does not have a reserves policy in place. On an annual basis, the Trustees aim to balance expected expenditure with income and subscriptions are set to achieve this aim.
At 31 December 2018 the free, unrestricted resources available to the charity were £84,971. However, this does not take into account the fact that the General (or unrestricted) Fund has liabilities of £499,239 to the restricted funds.
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Bury Hebrew Congregation
Report of the Trustees for the Year Ended 31 December 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Organisational structure
The Congregation shall be governed by an Executive Committee and Board of Management. The Executive Committee shall consist of 5 elected members and is subject to the direction of the Board of Management. The Board of Management shall consist of a maximum of 9 elected members together with the officers and retiring officers of the Executive Committee. No person shall be eligible for nomination to the Board of Management until he has been a member of the Congregation for at least 12 months. No member shall be nominated for Executive Office unless he has served as a member of the Board of Management for at least 2 years unless otherwise expressly agreed at an Annual General Meeting.
The Annual General Meeting of the Congregation shall elect the Executive Committee and Board of Management. The Annual General meeting may also confirm that a past member of the Executive Committee may become Hon. Life President (retiring Chairman only) or Hon. Life Vice President.
There shall be 4 elected Trustees. No member of the Congregation shall be eligible for election as a Trustee unless he has served at least 2 years on the Board of Management or is a current member of the Board of Management.
The trust properties shall be vested in the names of the Congregation and the Trustees.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1165261
Principal address
Sunnybank Road Bury BL9 8ET
Trustees
I Joseph H Kaye Mrs S Curtis (deceased 27/3/2022) Mrs A Isaacson Mrs S Joseph S Kay B Myer A Padwell M Shayovitz A Taylor Mrs N Goldstone M A Cowan H Levy (appointed 20/1/2020)
Independent Examiner
R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ
EVENTS SINCE THE END OF THE YEAR
Information relating to events since the end of the year is given in the notes to the financial statements.
Approved by order of the board of trustees on 14 November 2022 and signed on its behalf by:
I Joseph - Trustee
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Independent Examiner's Report to the Trustees of
Bury Hebrew Congregation
Independent examiner's report to the trustees of Bury Hebrew Congregation
I report to the charity trustees on my examination of the accounts of Bury Hebrew Congregation (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
R Zoltie R Zoltie & Co Suite 17 Flexspace Manchester Road Bolton BL3 2NZ
15 November 2022
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Bury Hebrew Congregation
Statement of Financial Activities for the Year Ended 31 December 2020
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 82,177 Other trading activities 2 350 Investment income 3 600 Other income 6,000 Total 89,127 EXPENDITURE ON Charitable activities 4 Charitable activities 90,243 NET INCOME/(EXPENDITURE) (1,116) RECONCILIATION OF FUNDS Total funds brought forward (91,637) TOTAL FUNDS CARRIED FORWARD (92,753) |
Restricted funds £ 43,341 - - - 43,341 19,523 23,818 556,898 580,716 |
2020 Total funds £ 125,518 350 600 6,000 132,468 109,766 22,702 465,261 487,963 |
2019 Total funds £ 131,164 4,868 1,105 6,000 |
|---|---|---|---|
| 143,137 | |||
| 136,488 | |||
| 6,649 458,612 |
|||
| 465,261 |
The notes form part of these financial statements
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Bury Hebrew Congregation
Balance Sheet 31 December 2020
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 341,248 CURRENT ASSETS Debtors 9 15,314 Prepayments and accrued income - Cash at bank and in hand 108,280 123,594 CREDITORS Amounts falling due within one year 10 (12,995) NET CURRENT ASSETS 110,599 TOTAL ASSETS LESS CURRENT LIABILITIES 451,847 NET ASSETS 451,847 FUNDS 11 Unrestricted funds Restricted funds: Building Fund Burial Levy Burial Fund TOTAL FUNDS |
Restricted funds £ - 6,355 - 31,334 37,689 (1,573) 36,116 36,116 36,116 |
2020 Total funds £ 341,248 21,669 - 139,614 161,283 (14,568) 146,715 487,963 487,963 (92,753) 18,417 26,537 535,762 580,716 487,963 |
2019 Total funds £ 343,980 18,750 727 120,217 139,694 (18,413) 121,281 465,261 465,261 (91,637) 18,417 26,537 511,944 556,898 465,261 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 14 November 2022 and were signed on its behalf by:
I Joseph - Trustee
The notes form part of these financial statements
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Bury Hebrew Congregation
Notes to the Financial Statements for the Year Ended 31 December 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
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 plots - not provided Sifrei Torah & Appurtenances - not provided Fixtures and fittings - 20% on cost and 10% on reducing balance
Taxation
The charity is exempt from 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.
Burial Levy and Burial Fund
This represents funds raised for the provision of funeral and associated services on the death of a member of the Burial Fund. The Burial Levy ceased raising income on 30 June 2010.
Building Fund
This represents funds raised specifically to be used for the maintenance and repair of the Synagogue building.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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Bury Hebrew Congregation
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
2. OTHER TRADING ACTIVITIES
| Hall income Yahrzeit plaques Car park income Wedding charge INVESTMENT INCOME Deposit account interest CHARITABLE ACTIVITIES COSTS Charitable activities TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries |
Direct Costs £ 109,866 |
2020 £ 350 - - - 350 2020 £ 600 Support costs £ (100) 2020 £ 7,574 |
2019 £ 3,128 1,130 240 370 4,868 2019 £ 1,105 Totals £ 109,766 |
|---|---|---|---|
| 2019 £ - |
3. INVESTMENT INCOME
4. CHARITABLE ACTIVITIES COSTS
5.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Charitable activities Management, administration & support |
2020 2 2 4 |
2019 4 2 |
|---|---|---|
| 6 |
No employees received emoluments in excess of £60,000.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 75,547 Other trading activities 4,868 Investment income 855 Other income 6,000 Total 87,270 EXPENDITURE ON Charitable activities Charitable activities 105,490 |
Restricted funds £ 55,617 - 250 - 55,867 30,998 |
Total funds £ 131,164 4,868 1,105 6,000 |
|---|---|---|
| 143,137 | ||
| 136,488 |
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Bury Hebrew Congregation
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund £ NET INCOME/(EXPENDITURE) (18,220) RECONCILIATION OF FUNDS Total funds brought forward (73,417) TOTAL FUNDS CARRIED FORWARD (91,637) 8. TANGIBLE FIXED ASSETS Sifrei Freehold Burial Torah & property plots Appurtenances £ £ £ COST At 1 January 2020 and 31 December 2020 286,134 6,165 24,330 DEPRECIATION At 1 January 2020 - - - Charge for year - - - At 31 December 2020 - - - NET BOOK VALUE At 31 December 2020 286,134 6,165 24,330 At 31 December 2019 286,134 6,165 24,330 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Gift aid tax recoverable Other debtors Prepayments and accrued income |
Restricted funds £ 24,869 532,029 556,898 Fixtures and fittings £ 102,250 74,899 2,732 77,631 24,619 27,351 2020 £ 11,555 8,787 1,327 - 21,669 |
Total funds £ 6,649 458,612 465,261 Totals £ 418,879 74,899 2,732 77,631 341,248 343,980 2019 £ 5,544 8,721 - 4,485 18,750 |
Total funds £ |
|---|---|---|---|
| 6,649 458,612 |
|||
| 465,261 | |||
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Bury Hebrew Congregation
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Taxation and social security Other creditors |
2020 £ 1,573 1,304 11,691 14,568 |
2019 £ 5,750 802 11,861 |
|---|---|---|
| 18,413 |
11. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Building Fund Burial Levy Burial Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Burial Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Building Fund Burial Levy Burial Fund TOTAL FUNDS |
At 1.1.20 £ (91,637) 18,417 26,537 511,944 556,898 465,261 Incoming resources £ 89,127 43,341 132,468 At 1.1.19 £ (73,417) 18,417 26,537 487,075 532,029 458,612 |
Net movement At in funds 31.12.20 £ £ (1,116) (92,753) - 18,417 - 26,537 23,818 535,762 23,818 580,716 22,702 487,963 Resources Movement expended in funds £ £ (90,243) (1,116) (19,523) 23,818 (109,766) 22,702 Net movement At in funds 31.12.19 £ £ (18,220) (91,637) - 18,417 - 26,537 24,869 511,944 24,869 556,898 6,649 465,261 |
At 31.12.20 £ (92,753) 18,417 26,537 535,762 |
|---|---|---|---|
| 580,716 | |||
| 487,963 | |||
| 22,702 | |||
| At 31.12.19 £ (91,637) 18,417 26,537 511,944 |
|||
| 556,898 | |||
| 465,261 |
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Bury Hebrew Congregation
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Burial Fund TOTAL FUNDS |
Incoming resources £ 87,270 55,867 143,137 |
Resources Movement expended in funds £ £ (105,490) (18,220) (30,998) 24,869 (136,488) 6,649 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Building Fund Burial Levy Burial Fund TOTAL FUNDS |
At 1.1.19 £ (73,417) 18,417 26,537 487,075 532,029 458,612 |
Net movement in funds £ (19,336) - - 48,687 48,687 29,351 |
At 31.12.20 £ (92,753) 18,417 26,537 535,762 580,716 487,963 |
|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Burial Fund TOTAL FUNDS |
Incoming resources £ 176,397 99,208 275,605 |
Resources Movement expended in funds £ £ (195,733) (19,336) (50,521) 48,687 (246,254) 29,351 |
|---|---|---|
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Bury Hebrew Congregation
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
12. RELATED PARTY DISCLOSURES
During the year, Trustees made donations or paid subscriptions totalling £3,539 to the charity.
13. POST BALANCE SHEET EVENTS
The continuing COVID-19 pandemic still affects the Synagogue in various ways. The Synagogue premises have remained partially closed and alternative arrangements have been put in place to allow the members to participate in a limited range of services and to support the community, primarily using Zoom as the core technology. The situation is continually under review and a further expansion of the arrangements will be introduced whilst still in full compliance with Government regulations and guidance from the Office of the Chief Rabbi. It is anticipated that when full re-opening is permitted, with no restrictions, it will take many months for attendance levels to return to normal due to ongoing concern over Covid 19.
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