Charity registration number 1169075 (England and Wales) PRESTWICH HEBREW CONGREGATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
PRESTWICH HEBREW CONGREGATION LEGAL AND ADMINISTRATIVE INFORMATION Executtvg Mr I Creek DrA Schogg8r Mr P Davies Mr D Minlz Mr R Elton Mr S Bacall Charity number (England and Wales) 1169075 Independent oxaminer AJP Corporate Accountants Limited 9 Brenton Busine55 Complex Bond Street Bury BL9 7BE
PRESTWICH HEBREW CONGREGATION CONTENTS Page Executs'ves, report Independent examiners report Statement of financial activities Balance sheet Notes to the finandal statements 6-15
PRESTWICH HEBREW CONGREGATION EXECUTIVES. REPORT FOR THE YEAR ENDED 30 JUNE 2025 The Executive presents its annual report and financial ststements for the year ended 30 June 2025. The financial statements have be8n prePad in accordance with the aCUnting policies set oirt in note 1 to the financial statements and comply with the Synagogue's goveming dOrnent, the Charitles Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charfties preparing their 8ccounts in a¢¢ordano with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Obje¢tives and actlviti88 The Prestwich Hebrew Congregation (the Synagogue) exists to promote and further the practic8, knowledge, obseNance and understanding of Orthodox Judaism in Prestwich. Salford and other parts of North Manchester and elsewhere and to advance the religious education of the community by such means as the Tw8tees see fft includlng by providing a place of worshlp, religious servic8s and social a1VItIes. There has been rK) change in these objectives and activities dufing the year. The main activrties of the Synagogue include daily religious service8, facilities for the sojemnisation of marriages. bamittzvah servl¢es, learning, cultural and social events. Public benerrt The Executive has paid due regard to guldance issued by the Charity Commission in deciding what adivities the Synagogue should undertake. Achiovements and perfornMnrA &gnificant acfm.ties and achievements against obJ8¢tives The Synagogue maintained a full programme of religious $ervl¢es, indudlng daily services, Shabbat and festival services and continues to provide a welcoming environment for members and visitors. We delivered a range of Weekly shiurim, adult education programmes, social activities, children's educational activities and youth engagement programmes as well as Guest speaker events and leaming series. The Synagogue also continued to provide pastoral care and welfare support to members of the community. Flnan¢ial revlew The Synagogue's total net assets. Including re$tri¢ted fvnds fell from £779,635 as at 30 June 2024 to £743,364 as at 30 June 2025. Restricted funds represerrted the Burial Board and amounted to £476,800 as at 30 June 2025.Unrestrrcted re$8rv8s at the Balance Sheet date are required to finance the Synagogue'8 fixed assets and day to day working capital. The Executlve aim to maintain sufficient unrestricted reserves to ensure the Synagogue Can meet Its ongoing commitments and manage unforeseen axpenditure. In assessing reserves. the Executive Consider several months of operating costs to be appropriate. At 30 June 2025 the Exe¢utiv@ are satisfied that the level of serveS is adequate for the Synagogue's current needs. Principal funding sources The Synagogu8's prlncip81 source of funds is from members contributions. Gfft Aid tax refunds, function surte bookings and other donats'ons. Maiornsks The Executive have assessed the major risks to which the Sagogue is exposed, and are satisfied that Systems are in place to mitigate exposure to the major risks. The Executive have reviewed the principal risks facing the Synagogue, Including rellan on membership Income. security. rising costs, invesbn8nt market fluctuatlons (Burial Board) and long-term burial obligations. Systems are in place to monrfor finances, review investments and manage operational risks. and the Executive are satisfied that approprlate oontrols are in place.
PRESTWICH HEBREW CONGREGATION EXECUTIVES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Plans for future periods The EXelIve intend to Gontinue maintainin9 regular religious servi5 and community activities throughout our age demographic, while ensuring the financial stakn'lity of the Synagogue. Ongoing priorities include ¢arefiJl cost management and maintaining the synagogue premises. The Executive will continue to review income levels and expenditure to safeguard the long-term sustainabilty of the Synagogue. Structure, govemance and management Prior to 7 September 2016 the Synagogue was constituted as a ¢haritabl8 trust, but from that date onwards the Synagogue was r8¢0nstituted as a Charitable In¢0rated Organisation (CIO) registered with the Charity Commission. The name of the chaTity is Prestwi¢h Hebrew Congregation which Is also known as 'The Shrubberies.. R8gistered charity No. 1169075. The principal address is Bury New Road, Prestwich. Manchester M25 9WN. The members of the ExecutlV8 who served durlng the year and up to the date of signature of the financial statements we. Mr I Creek Dr A Schogger Mr P Davies Mr D Mintz Mr R Elton Mr S Bacall Recruitment and appointment of thg execulive Members of the executive are elected lo office by the Synagogue members at the Annual General Meeting. The nonnal temi of Offi is 1 year, but members can offer themselves for re-election for longer periods. The Executives. report was approved by the Exe¢utive. Mr P Davies Chalr 29 April 2028
PRESTWICH HEBREW CONGREGATION INDEPENDENT EXAMINER'S REPORT TO THE EXECUTIVE OF PRESTWICH HEBREW CONGREGATION I report to the Executive on my examination of the financial statements of Presiwich Hebrew Congregation (the Synagogue) for the year ended 30 June 2025. Respon$ibilltieg and ba$ls of report As the Executive of the Synagogue you are responsible for the preparation of the financial statements in a¢cordanc8 With the requirements of the Charities Act 2011. I report in respect of my examination of the Synagogue's t]nan¢ial statements carried out under section 145 of the Charitles Act 2011. In Carrying out my examination I have fdlowed the Directions given by the Charity Commission under section 145(5)(b) of the Charilles Act 2011. Independent oxaminerfs Statement Since the Synagogue's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 Confirm that l am qualified to undertake the examinallon because I am a member of the Institute of Charted Accountants in England and Wales, whlch is one of the listed bodies. Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice appll¢able to ¢haritles preparing their financial statements in accordance with the Finanaal Reportlng Standard applicable in the UK and Republic of Ireland {FRS 102) in prefereTr to th8 Accounting and Reportlng by Charities: Statement of Recommended Practice issued on 1 April 2CQ5 which is referred to in the extant regulations but has now been withdrawn. l understsnd that thls has been done in ord8r for the financial statements to provide a true and falr view in accordance with UK Generally ACpted Accounting Practice. I have Completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe that In any material respo. accounting records were not kept In respect of the Synagogue as required by sectlon 130 of the Charities Act 2011. the finan¢lal statements do not aOrd with those records,. or the financial Statements do not comply with the appli¢abJe requirements concerning the form and ¢ontent of financial statements set out in the ChaTiti8s (Accounts and Reports) Regulatrons 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independert examination. I have no concems 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 financial statements to be reached. AJP Corporate A¢countants Limited 9 Brenton Business Complex Bond Street Bury BL9 7BE 29 April 2026
PRESTWICH HEBREW CONGREGATION STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2025 Unrestrl¢ted Rostrl¢tsd funds funds 2025 2025 Total Unrestrl¢ted Restricted funds fund$ 2024 2024 Totsl 2026 Note$ 2024 Income from: Donations and legacies Other trading activities 277,557 66,794 83,147 360,704 66,794 277,581 69.882 51.406 328,987 69,882 Total Income 344.351 83,147 427.498 347,463 51,406 398,869 Expendlture on: Charitable activities 407,923 39,082 447,005 432,518 33,408 465.926 Total expendire 407.923 39,082 447,005 432,518 33,408 465,926 Net gainsl{losses) on investments (16.764} (16,764) 98,611 96.611 N•t ineomel{expendithre) (63,572) 27,301 (36,271) {85,055) 114,609 29.554 Transfers betwe8n funds 35.809 (35,809) 61.016 (61,016) Net movement in funds 127.763) {8,508) {36,271} 124,039} 53,593 29.554 Reconclllation of funds: Fund balances at 1 Juty 2024 294.327 485.308 779.635 318,366 431,715 750,081 Fund balances at 30 Jun• 2025 266,564 476,800 743,384 294.327 485.308 779.635 The statement of financial activities includ8s all gains and losses r8cognised in the year. All income and expenditu derive from continuing adivities.
PRESTWICH HEBREW CONGREGATION BALANCE SHEET ASAT30 JUNE 2025 202S 2024 Nots$ Fixed a88et8 Tangible assets Investments 11 244,382 896,399 260.487 913,163 1.140,781 1,173,650 Current assets Debtors Cash at bank and in hand 12 28.953 87.923 20,067 80.586 Credltors.. amounts falllng due withln one year 116.876 100,653 13 (39.593) {19,968} Net current as88ts 77.283 80.885 Totsl assets less current Ilabilitles 1,218,064 1,254.335 Provisions for liabllitie¥ 14 {474.700) (474.700) Not assets 743,384 779,635 Income funds Restricted funds Unrestricted funds 17 476.800 268,564 485,308 294,327 743.36a 779.635 The financial statements were approved by the Ex8CUtive on 29 April 2026 Mr P Davies Chair
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Accounting pollcies Charity inforniation Prestwich Hebrew Congregation is an Incorporated Charitable Organisation. 1.1 Accounting convention The acuunts have been Prepared in accordance with the Synagogue's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordano with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 effective 1 January 2019). The Synagogue is a Public Benefft Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 t)nly to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Pradice for tharities applylng FRS 102 rather than the version of the Statement of Reo)mmended Practice whlch is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Synagogue. Monetary amounts in these financial statements are rounded to the nearest £. The accounts hav8 been prepared under the historical cost conventlon, modified to include certain financial instruments at fair value. The prin¢ipal accounting pollcies adopted are set out below. 1.2 Going con¢ern At th8 time of approving the financial statements. the Executive has a reasonable expectation that th8 Synagogue has adequate resoUrS to continue in operati¢)nal existence for the foreseeable future. Thus the Executive continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable fund8 Unrestricted funds are available for use at the discretion of the Executive in furtherance of their charitable objedives. Restricted funds are subject to specifiG condilions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set oirt in the notes to the financial ststements. 1A Income Income is recognised when the Synagogue is legally entitled to it after any performance conditions have been met. the amounts can be rneasured refiably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Synagogue has been notified of the donation, unless performano condrtions require deferral of the amount. Income tax recoverable in relation to donations 1Ved under Gift Aid or doeds of covenant is re¢ognised at the time of the donation. Legacies ar8 recognised on receipt or otherwlse if the Synagogue has been notified of an impending dlstribution, the amount is known. and receipt Is expected. If the amount is not known, the legacy is treated as a contingent ass&t. Donations are shown as income in the Statement of Financial Activities unless they relate to the cost of capit items in which case they are not shown as income, but are offset against the cost of that item.
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Accounting policles (Contlnued) 1.5 Expenditure Expenditure is rewnised once there is a legal or constructive obligation to transfer economic benefft to a third paty, it is probable that a transfer of economic benefits wil be required in settlement and the amount of the obligation can be measured reliabty. Expenditure is classified by activity. The costs of each activty are made up of the total of direct costs and shared costs, including support costs involved in undertaking each a(aivity. Direct costs attributable to a single activity are allocated directly to that adivity. Shared costs which contribute to more than one actiiity and support costs which are not attributable to a single adivity are app)rtioned between those activities on a basis consistent with the use of resources. Central staff costs are alkjcated on the basis of time spent, and depreciation tharges are allocated on the portion of the asset's use. 1.6 Tangible flxed ets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciats'on and any impairment losses. Depreciatlon is recognised so as to write off the cost or valuation of assets less their residual values over their useful Ilves on the following bas8S: F8hOld land and buildings Plant and equipment Fixtures and fittings in equal instalments over 50 years 20°A p.a. on book value in equal instalments over 7 to 10 years The gain or10ss arising on the disposal of an ass8t is determined as the difference between the sale proedS and the carrying value of the asset, and is r6¢ognised in the ststement of financial activities. 1.7 Fixed asset investmènts Fixed asset investments are initially measured at transaction price 8xcluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net incomel(expenditure) for the year. Transaction costs are expensed as incurred. 1 A lmpalrnnt of flxed assets At each reporting end date, the Synagogue reviews the ¢arying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an irnpaimient loss. If any such indication exrsts. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.9 Cash and cash equivalents Cash and cash equnialents include cash in hand, deposits held at call with banks, other short-tenn liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Flnanclal Instruments The Synagogue has elected to apply the provisions of Section 11 'Baslc Financial Instruments, and Sectlon 12 'Other Financial Instwrnents Issues, of FRS 102 to all of its financial instruments. Financial Instruments are recognised in the Synagogue's balance sheet when the Synagogue becomes paty to the contractual provlsions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable rlght to set off the recogni88d amounts and there is an intention to settle on a net basis or to realise the asset and settle the Ilabifity simultaneously.
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Accounting policle¥ (C¢xrtinued) Basic r Inan¢ial assets Basic financial assets, which indude debtors and cash and bank balance5, are inilially measured at transaction pri including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. where the transaction i measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified a5 receivable within one year are not amortised. Basic finaneial liabilitses Basic financial liabilrties, induding creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction, where the debt instnjment is measured at the present value of the future payments discounted at a market rate of interesL Financtal liabilities classified as payable Wtthin one year are nol amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade cr8ditors are obligations to pay for goods or seIS that have been auIred in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment Is due wrthin one year or less. If not, they are presented as non-current liabilitles. Trade creditors are recognised initlally at transaction price and subsequently measured at amortised wst using the effe¢tiV8 interest method. Dere¢ognition of financial liabilities Financial Ilabilities a derecognised when the Synagogue's contractual obligations expire or are discharged or cancelled. 1.11 Provisions Provisions are recognised when the Synagogue has a legal or constmctive Psent obligation as a result of a past event, il is probable that the Synagogue will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provrsion is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Imere th& effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. W)en a provision is measured at presenl value, the unwinding of the discount is recognised as a finance cost in net in¢omel(expenditure) in the period in which it arises. 1.12 Employee benefits The cost of any unused holiday entrtlement is recognised in the period in which the employee's servrces are received. Temiination benefits are recognised immediatety as an expense when the Synagogue is dèmonstrably commltted to teminate the employment of an employee or to provide termination benefits. 1.13 Retiremént benefits Payments lo defined contribution retlrement benefjt schemes are charged as an expense as they fall due.
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Critical accounting estimates and judgements In the application of the Synagogue's accounting policies. the Exe(Artive is reqUId to make judgements, estimates and assumpb'ons about the carrying amount of assets and liabilities that are not readi apparent from other sources. The estimates and associated assumptions are based on historical experien and other facors that are considered to be relevant. Acual results may dtffer from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recogni5ed in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future peTiod$ where the revision affects both Current arKI future periods. Critical Judgements Depreclation of fixed assets Fixed assets are stated at cost less accumulated depreciation. The rates of depreciation a estlmated in order to reflect the rate at which the economic benefit of the assets is used up. Th8 earrying value of fixed assets at the balance Sheet date may not represent their open market value. Provlsion for long terni burial co8ts The synagogue has an obligation to meet the burial Costs of ifs Burial Board members as they fall due. Th8 accounts contain a provision for these costs based on a five yearty report from an actuary (see note 14}. The real costs may tum out to be different from th05e calculated by the actuary. Donations Unrestricted Restricted funds funds Total 2025 Total 2024 Membership fees GiftAid tax refunds Other donalions 184,123 38.473 54.961 83.147 267.270 38,473 54,961 223,949 34.854 70,184 277,557 83,147 360,704 328,987 For the year endod 30 June 2024 277.581 51.406 328,987 Restricted funds relate to the burial board.
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Other trading a¢tlvitle$ 2025 2024 Function suite tal income 250 Club Other income 47.318 2.926 16,550 51,458 4.011 14,413 68,794 69,882 Expenditure on charitable activities 2025 2024 Direct costs Staff costs Depreciation and impaiment Affiliation fees and levies Festival expenses and kiddu5im Pres8ntations and seforim Telephone offi costs Sundry expenses Heat, light and water Repairs and maintenance Insurance and council tax Cleaning and laundry Security Costs Bad debts Bank charges and interest Burial board costs 200,123 20,821 1,185 66,349 2,701 7.374 10.183 8.171 33,981 8,687 6,383 8,977 24,965 5,000 208,493 20,987 995 77,440 1.496 7,224 10,936 6.379 52,117 8.302 5,563 6,764 27,054 (5.000) 3,768 33,408 39,082 447,005 465,926 Analysis by fund Unrestricted funds Restricted funds 407.923 39,082 432,518 33,408 447,005 465,926 Executivo None of the Executive (or any persons connected wtth them) received any remuneration or benefits from the Synagogue during th8 year. 10-
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Employees The average monthly number of employees during the year was: 2025 Number 2024 Number 11 13 Employmont costs Wages and salartes Social security costs Other p8nsion costs 190,478 5,525 4,120 194,275 7,249 6,969 200,123 208.493 There were no employees whose annual remuneratron was more than £60,(100. Gains and losses on inve$lments Restricted funds 2025 Reslrf¢ted funds 2024 Gainsl(losses} arislng on.. Revaluation of investments (16,764) 96,611 Fixed asset investments Unlistad Investments Cost or valuatlon At 1 July 2024 Valuation changes 913,163 (16.764) At 30 June 2025 896,399 Carrying am¢)unt At 30 June 2025 896.399 At 30 June 2024 913,163 11
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 10 Flnancial In$trumonts 2025 2024 Carying amount of financial assets Instwm8nts measured at fair value through profit or loss 896,399 913.163 11 Tanglble fixed a398ts Freehold land and bulldlngs Plarrt and Flxtures and •qulpm•nt fittlngs At 1 Juty 2024 Additions 148,063 90,949 835,896 4,715 874.908 4,715 At 30 June 2025 148,063 90.949 640,611 879.623 Depreciation and impairnient At 1 July 2024 Depreciatron charged in the year 21.726 2.961 78,163 2,557 514,532 15,302 614,421 20.820 At 30 June 2025 24.687 80,720 529,834 835,241 Carrying amount At 3Q June 2025 123,376 10,229 110,777 244.382 At 30 June 2024 126,337 12,786 121,364 260,487 Freehold land and buildings shown above are 1gJally owned by the trustees of the pre 7 September 2016 TTUSt and not by the CIO that now operates the Synagogue. Despite legal ownership lying outside the CIO. the land and buildings are recognised as an asset in these accounts because the original trustees hold the land and buildings in trust for the benefft of the Synagogue and because the CIO benefits from its use of the buildings and has taken on the responsibilities of ownership. 12 Debtors Amounts falling due within one year. 2025 2024 Trade debtors Other debtors Prepayments and accrued income 3,011 13,905 12,037 1.972 12.277 5.818 28,953 20,067 12-
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 13 Creditors: amounts falling due wlthin ono year 2025 2024 Notes other taxation and social security Deferred income Trade creditors Other credilors A¢¢ruals 1,573 7,999 3.606 7,397 19,018 1,837 5,796 7,414 2,121 3,000 16 39,593 19,968 14 Provisions for Ilabilities 2025 2024 474,700 474.700 Movements on provisions: At 1 Juty 2024 arKI 30 June 2025 474.700 Provisions relate to future long term burial costs based on a fve yearfy aduarial vIeW. The last such revlew was as at 31 Dember 2020. 15 Retlrement benèfft 8¢hemes 2025 2024 Defined Contribuon schemes Charge to profil or loss in respect of dèfined contrlbution schemes 4.120 6,969 The Synagogue operates a defined ¢ontTibution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Synagogue in an independently administered fund. 16 Deferred income 2025 2024 Arfslng from income not yet included In the Statement of Financial Activities 7,999 5.796 Deferred income preSentS function sutte deposits for events held after the balance sheet date and appears under the following headings in the balance sheet. 13-
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 16 Deferred In¢ome (Contlnued) 2025 2024 Deferred income is included withln.. Creditors.. amounts falling due within one year 7,999 5,796 Movements in the year: Deferred income at 1 July 2024 Released from previous periods Resources deferred in the year 5.796 (5,796) 7.999 6,551 (8,551) 5,796 Deferred income at 30 June 2025 7.999 5,796 17 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on twst subject to specific conditions by donors as to how they may b8 used. At 1 Juty 2024 Incoming resources Resources gxpended Transfer5 Gains and At 30 June losses 2025 485,308 83.147 <39,082) (35,809) (16,764) 476,800 Previous year. At 1 July 2023 Incoming Resources ourees expended Transfers Gains and At 30 June losses 2024 431,715 51,406 {33,408) (61,016) 96,611 485.308 18 Unrestrictsd fund$ The unrestrfcted fvnd8 of the charity comprise the unexpended balan$ of donations and grants which are not subject to specific condllions by donors and grantors as to how they may b8 used. These includ8 designated funds which have be8n set aside out of unrestricted funds by th8 trustees for specific PUTposes. At 1 Juty 2024 Incomlng resources ResoUe9 expended Tran$feYs At 30 June 2025 General funds 294,327 344.351 (407,923) 35,809 266.564 Previou$ year. At 1 July 2023 Incomlng resources Resources expended Transfers At 30 June 2024 General fvnds 318,368 347.463 (432.518) 61,016 294.327 14-
PRESTWICH HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 19 Anaty818 of net assets between lunds Unrestrf¢ted Roslricted funds funds Total Total 2025 2025 2025 2024 Fund balances at 30 June 2025 are represented by: Tangible assets Investments Current assetsl{liabilities) Provisions 244,382 244,382 260,487 896,399 896.399 913,163 55,101 77.283 80,685 (474,700) (474,700) {474.700) 22,182 266,564 476,800 743,364 779,635 20 Related party transactions There were no dis¢losable related paty transadions during the year (2024 - none). 21 Analysis of ¢hange8 in net funds The Synagogue had no malerial debt durlng the year. 15-