CLIENT COPY COMPANY REGISTRATION NUMBER: 10089003 CHARITY REGISTRATION NUMBER: 1171254 EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Unaudited Financial Statements (Affiliated to the Union of Liberal and Progressive Synagogues) 31 December 2024 LESSER & CO. Chartered Accountants and Business Advisors 147 Station Road North Chingford London E4 6AG
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Financlal Statements Year ended 31 December 2024 Page Directors, annual report (incorporating the directorfs report) Independent examine¢s report to the directors statement of financial activities (including income and expenditure account) Statement of financial position statement of cash flows Notes to the financial statements
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmltsd by Guarantee Directors. Annual Report (Incorporating the Dlrectorfs Report) Year ended 31 December 2024 Th8 dlr8Ctors, who are also the dlrectord for the purposes of company law, pr8S8nt thelr report and the unaudlted financlal statements of the Gharlty for the year ended 31 December 2024. Reference and admlnlstratlvo dota118 Reglstered charlty namo EAST LONDON & ESSEX LIBERAL SYNAGOGUE Charlty roglstratlon number 1171254 Company raglstratlon number 10089003 Prlnclpal offlce and reglstered East London & Essex Llberal Synagogue offlce Marlborough Road South Woodford London E18 1AR The dlrector8 Mr Jullan Nlgel Dawson Ms J8nnlfer Bamett (Chalr) Mr Andrew Joseph Baum Mr Joshu8 Garfield Mr Marco Llebesklnd Mrs Tlna Gold (Treasurer) Mr Darren Green Mr Josh Newham Ms Sonia Muscovltch (Appolnted 7 July 2024) (Appolnted 7 July 2024) Independent oxamlner LESSER & CO Chartered Accountants & 8uslness Advisors Structuro, governance and management Method of appolntment of electlon of trustee8 The Constltution provlde8 for the synagogue. Its prop8rty and affalrs, lo be under the management and control of the Councll, whlch Is elected by the members In a General Meetlng (and whl¢h may co-opt members). The elected members of the Council constitute the Trustees for the purposes of the Charlty Commlssbn regulatlons. The Trustees are elected for a three year period. They may remain on the Coundl after th8 three year temi but have lo stand for rewelection after the completion of each three year term.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmitod by Guarantee Dlrectors. Annual Report {Incorporatlng the Dlrectorfs Report) {contlnutdJ Year ended 31 December 2024 Objactlves and actlvttles Poll¢1 and objectlves The main objective of the synagogue Is to further the advancement of Liberal Judaism and, for such purwses, to be affiliated to the Union of Liberal and Progressive Synagogues. Acllvltles for achlevlng objectlves In order to achleve Its rnary objective, the synagogue wovides rabblnSc seTvlcas and arranges for conversions to Judalsm, the sol8mnlsadon of marriages. and the funerals of members. It also Interacts th other religious groups in the local area to promote religious urKlerstanding. Strateglc r•port The followlng 8ectlon8 for 8thievements and perfomiance ar financial revlew fomi the strateglc rewt of the charlty. Achlovmients and porfomMnc• Revlew of actlvltles During 2024 we have conunued to malntaln ¢yJr bulldlng, and by uslng the bulldlng and streamlng SerIceS, have provided opportunitles for worshlp, other religious services and rellgious educatlon. We have provided rabbinic services and arranged for conversions to Judaism. the sol8mnis8tion of marrlages and Ihe funerals of members. We also Interact with other rellgious groups In our area to promote reglouS understanding. Volunt•ar8 Th8 chadty Is gratefijl for the unstlntlng efforts of Its volunteerJ. The number of hours, servlce provlded, and the value, unrl be estimated or quantified. Flnanclal rovlew Incomlng rn8ources The net movement In funds for the year was an Increase of £1,IN)8,229. Total incomlng resources Were £330,571. Tol81 expendilur8 8 £299.830. Gains from revaluatlon of flxed assets were £977,488. resultSng In the net overall decrease tn funds noted above. Reserves pollcy The reserves of the charfty a splFi between unrestrlcted funds and designated funds. The deslgnated fund relates to income collected from the members of the Burial Society which is later disbursed to the burial society.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Dlrectors. Annual Report {Incorporatlng the Dlrectorfs Report) (Gontlnuedj Year ended 31 December 2024 Plan8 for future perlod8 The Synagogue was fomed from a merger of Bet Tlkvah Synagogue and Woodford Llberal Synagogue on 1st January 2017. The combined membership gives th8 new synagogue a strong platform for the futur8. The dlrectors, annual report and the strateglc report were approved on 22 June 2025 and slgned on behalf of th8 board of trustees by. OJJ- MS JannSfer Bamett (Chalr) DSrector
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmlted by Guarantee Independent Examlner's Report to the Dlrectors of EAST LONDON & ESSEX LIBERAL SYNAGOGUE Year ended 31 D8c8mb8r 2024 I report to the directors on my examination of the flnandal ststements of EAST LONDON & ESSEX LIBERAL SYNAGOGUE Cthe charity) for the year ended 31 December 2024. Responslbllltles and ba81s of report As the dlr8Ctors of the company (8nd 8190 Its dlrectors for the purposes of company lawl you are r8sponslble for the preparation of the financSal ststements in accordance with the requirements of the Companles Act 2006 ('the 2006 Act,). Havlng satisfied myself that the accounts of the company are not requlred to b8 audited under Part 16 of Ihe 2006 Act and are eligible for Independent examination. I report In respect of my examlnallon of the charity's accounts as carried out under sectlon 145 of the Charities Act 2011 ('the 2011 Act.). In carylng out my examlnatlon I have followed the Dlrecuons glven by the Charlty Commlsslon under sectk)n 145(5)(b) of the 2011 Act. Indepondent examlnerf8 8tatement Slnce the charfty's gross Income exceeded £250,000 your examlner must be a member of a body listed in section 145 of the 2011 Act. I conflmi that l am qualified to undertak8 the examlnation because l am a m8mb8r of the Institute of Chartered Accountsnts In England and Wales (ICAEW), whlch18 one of the Ilsted bodles. I have completed my examlnatlon. I confimi that no matters heve come to my attention Sn connectlon wllh the examination glvlng m8 cause to belleve: 8¢countSng records were not kept In respect of the charfty as requlred by sectlon 386 of the 2006 Act; or thé flnancial statements do not accord wlth those records; or the financlal statements do rK)t comply wlth the accountlng requlrements of sectlon 396 of the 2006 Act other than any requlrement that the accounts glve a 'true and fairf vlew whlch is not a matter considered as part of an Independent examlnatlon; or the flnandal statements hava not been prepared In accordance wlth the methods and princlples of the Statement of Recommended pral¢e for acGountlng and reporting by charities applicable to charltles preparlng thalr accounts In accordance with the Flnancial Reportlng Standard 8ppIiGable in the UK and Republlc of Ireland (FRS 102). I have no concems and have come across no other matters in connectlon wlth the examlnatlon to which attention should be drawn in this report In order to enable a proper understanding of th8 nts to be rea ed. Steph Lesser LESSER & CO Chartered Accountants & Buslness Advlsors Independent Examiner 147 Station Road North Chingford London, E4 6AG
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmited by Guarantee Statement of Flnanclal Actlvltles (Includlng Income and expendlture account) Year ended 31 December 2024 2024 Restrlcted funds Total fund8 Total funds 2023 Unrestricted funds Note Income and 8ndowments Donations and legacies Charitable activities Investment income Other Income 36,853 148,129 76,315 18.877 280,174 38,853 192,390 76,315 25,013 330.571 30,045 185.310 10,013 37.121 44,261 6,136 50.397 Totsl Income 262.489 Expendlture Expendlture on raislng funds: Costs of raising donations and legacles Expendilure on charftable actlvitles Total 6xpendlture 90,855 164,712 255,567 44,261 135,116 164,714 143,317 108,625 10,11 44,261 299,830 251,942 Net Income 24,607 6,136 30,741 10,547 Other recognlsed galns and losses Gains from revaluation of fixed assets 977,488 1,002,095 977,488 1,008,229 Net movemgnt In fund8 6,136 10,547 Reconclllatlon of fund8 Total funds brought forward Total fund8 carrled forward 1,713,065 2,715,160 1.713,085 1,702.518 6,136 2,721,294 1,713,065 The Statement of Ilnandal actlvltles Includes all galns 8nd losses recognlsed in ihe year. All Income and expendltur8 d8riV8 from contlnulng actlviti88. Thè not88 on pagas 9 to 19 forni part of thase flnanclal Statements.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee ststement of Financlal PosltSon 31 December 2024 2024 2023 Fixed assets Tangible fixed assets Investments 16 1.100,553 17 T13.074 1,873,627 146,323 146,323 Current assets Debtors Cash at bank and in harKI 18 19,172 899.685 23,538 1.616,599 918.857 1,640.137 Creditors: amounts falling due w5th1n one year Net current assets 19 54,332 56.537 864.525 1.583,600 1,729,923 Total assets less current Ilabllltles 2.738.152 Credltors: amounts falllng due after more than one year Net assets 20 16,858 16,858 1.713,065 2.721,294 Funds of the charlty R8Strict8d funds Unrestricted funds: Revaluation reserve other unrestricted income fvnds 6.136 977.488 1,737,672 1,713.065 1,713,065 Total unrestrlcted funds 2,715,160 Total charity funds 2.721,294 1,713,065 For the year ending 31 Decemb8r 2024 the charity was entitled to exemption from audit under section 477 of the Companles Act 2006 relatiTVJ to small companies. Dlrectors, responsibllitses: The members have not required the company to obtaln an audlt of Its financlal statements for the year in question in accordan with seclion 476; The dlrectors acknowledge their PonSIbl11t1&S for CA)mptying with th8 requiremants of the Act with respect to accounting r8cords and the preparabon of financial statements. These financial statements have been prepared In accordance wlth the provlslons appllcable to companies subj8Ct to the small compan, regime. The statement of financial position continues on the following page. The notes on pag8s 9 10 19 forni part of these financlal sLitements.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmlted by Guarantee Statement of Flnanclal Posltlon (eontlnu*dJ 31 December 2024 These flnanclal statements were approved by the board of trustees and authorlsed for Issue on 22 June 2025, and are signed on behalfof the board by: Ms Jennlfer Bamett (Chalr) Dlrector The noles on pages 9 to 19 forni part of tho88 flnanclal 8tstsm•nts.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmlted by Guarantee Statement of Cash Flows Year ended 31 December 2024 2024 2023 Cash flows from operating activities Net income 30.741 10,547 Adjustments for Depreciation of tangible fixe(l assets Other int8r8St receivable and similar income Interest payable and similar tharges Accrued èxpens8sI(income) 246 {10,013) 191 (1.156) {76.315) 1.729 Ch8ng8s in.. Trade and other debtors Trade and other creditors 4.366 (3.934) (43.045) (927) 5.121 Cash generated from operations 4.009 Interest paid Interest received {184) 76,315 (191) 10.013 13,831 Net cash from operating actNiti8S 33,086 Cash flows from investing activities Purchases of other investments 1750,000) 1750,000) Net cash used in Investing activities Net (decrease)Ilncrease In cash and cash equlvalents Cash and cash equlvalents at beglnnlng of year Cash and cash equivalents at end of year 1716,914) 1.616.599 13,831 1,602.768 1.616.599 899,685 Tho notes on pages 9 to 19 forni part of th838 financlal statements.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limlted by Guarantee Notes to the Financial Statements Year ended 31 December 2024 General Informatlon The charlty is a public benefit entity and a prfvate company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office Is East London & Essex Lib8ral Syn8gogué, Marlborough Road, South Woodford, London, E18 1AR. Statement of compliance These financial ststements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and the Republlc of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicab18 in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policles Basls of preparatlon The financial statements have been prepared on the hlstorical cost basls, as modlfled by the revaluation of certaln financial assets and liabilities and investm8nt properties measured at fair value through Income or expenditure. The financial statements are prepared in sterling, whlch is the functlonal rrencY of the entity. Golng concern There are no material uncertalntles about the charivs ablllty to contlnue. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarf¢ed by th8 directors for particular future proj8Ct or commltment. Restricted funds are subjected lo restrictions on thelr expendlture declared by the donor or through the temi8 of an appeal, and fall Into one of two sub-classes: restricted income funds or endonent funds.
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Flnancial Statements {contlnued) Year ended 31 December 2024 Accountlng pollcles {cantlnu8dJ Incomlng rèsourc All incoming resources are included in th8 stsl8ment of financial activities when entitlement has passed to the charity; it Is probable that the economlc benefits associated with the transaction will flow to the chaty and the amount can be reliably measured. The followlng speciflc policies are applled to partlcuLar categorles of Income: income from donatlons or grants Ss recognlsed when there Is evldence of entitlement to the olft, recelpt Is probable and Its amount C8n be measured rellably. legacy Income Is recognised when recelpt18 probable and 8nlillement is established. Income from donated goods Is m8asured al th8 falr value of th8 goods unless thls Is Impracllcal to measure relEably. In whlch case the value Is derlved from Ihe cost to the donor or the esllmated resale value. Donated facllit18S and s8rvlc88 are r8cognised In the accounts when recelved If Ihe value can b6 rellably measured. No amounts are Included for the contr]butSon of general volunteers. Income from contracts for the supply of servFces Is recognlsed wlth tha dellvery of the contracted servlce. Thls Is classlfled as unrestrfcted funds unless there Is a contractual requlrement for It to be spent on 8 partlcular purpose and retumed If unspent, In whlch case It may be r8g8rded as r88trlcted. Resources expended Expendlture Is recognlsed on an accruals basls as a Ilability Is Sncurred. Expenditure Includes any VAT whlch cannot be fully recovered, and Is classlfled under he8dlngs of the Statement of flnanclal actlvltles to whlch It relates: 8xpendlture on ralslng funds Indude8 the costs of all fundralslng actSvltl89, events, non-chariiable tradlng actlvities. and the sale of donated goods. 8xpenditur8 on charitable activitles includes all costs incurred by 8 charity In undertaklng activltles that further Its charllable alms for the benefit of Its b8n8flclarles, Includlng those support costs and costs re18ting lo the governance of the charity apportioned to charitable actlvlties. other expendlture include8 all expenditure that is neither relaled to ralslng funds for the chaiity nor part of Its expendlture on charitable acilvltles. All costs are allocated to expenditure categorles retlectlng the use of the resource. Dlrect costs attributable io a slngle activity are allocated directly to that activity. Shared costs are apportloned beiw88n the acilvltles th8y contribute to on a reasonable, Ju8tifiable and conslstsnt basss. Tanglble assets Tanglble assets are Inltlally recorded at cosc and subsequently statad at cost less any accumulated depreciation and impainnent losses. Any tangible assets Caled at revalued amounts are recorded at the falr value at the date of revaluatlon less any subsequent accumulated depreciation and subsequent accumulated impairment losses. 10-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarant8e Notes to the Flnanclal Statements {eontlnuad) Year ended 31 December 2024 Accountlng pollcle8 f¢onllnu8oJ Tanglble assets {ntInUed) An incre8s8 in the ¢arying amount of an asset as a result of a r8valuatlon, Is recognised in other recognised gains and losses, unless it raverses a charg8 for impainnent that has previously been recognlsed as expendlture withln the statement of financlal actlvltles. A decrease In the carrylng amount of an asset as a result of r8valuatlon, is recognlsed In other r8cognised galns and Ioss8S, except to whlch It offsets any prevlous revaluatlon gaSn, In whlch case the108818 ghown wlthSn other recognised gains and losses on the statement of financial activltles. Depreclatlon Depreclatlon 18 calculated 80 as to wrlte off the cost or valuatlon of an asset, less Its r8sldual valu8, over the useful economtc Ilf8 of that asset as follows: Equipment 25% reduclng balance Investments Unllstsd equlty Inv8stment8 are Inltlally recorded at cost, and subsequently mea8ured at falr value. If falr value cannot be rellably measured, assets are measured at cost less Impalrment. Llsted Investments are measured at falr value wlth changes In fatr value belng recognised in Income or expendlture. Investments In a880clat08 Investments In a8sodates accounted for In accordance wlth the cost model are recorded at CO8t less any acLumulated Impalrment losses. Investments In 88soclates accounted for In accordance wlth the falr value model are Inltlally r8cord8d at the transaction price. At 8ach reporting date. the investments are measured 8t fair va5ue, wlth Changes In falr value taken through Income or expenditure. Where It Is Impracticabla to measure fair value reliably wlthout undue cost or effort, the cost model will be adopted. Dlvidends and other distributions received from the investment are recognlsed as Income w5thout regard to vthether the distribullons are from accumulated profits of the assoclate arlslng before or after the date of acqulslllon. Investments In lolnt ventures Investrn8nts In jointly controlled entities accounted for In accordance wlth the cost model are recorded at cost less any accumulated Impalrment losses. Investments in jointSy controlled entitles accounted for In accordance with the fair value model are Initially recorded at th8 transaction pric8. At each reporting date. the investrnenls are measured at falr value, wlth changes In falr value taken through Income or expendlture. Where it is Impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. 11
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limlted by Guarantee Notes to the Financial Statements (conllnuedj Year ended 31 December 2024 Accounting pollclès {eontInu) Invastments In Jolnt ventures (contlnu•dJ Dividends and other distributions received from the investment are COgniSed as income without regard to whether the dlstrlbutlons are from accumulated profits of the Joint venture aTlslng befor8 or after the date of acquisition. Impalmient of fixed assets A revlew for Indlcalors of Impalmient Is carrled out at each reportlng date, with the recoverable amount belng estlmated where such Sndlcators exlst. Where the carrylng value exceeds the recoverable amount, the asset Is Impalred aOrdInglY. Prior Impalrmenls are also reviewed for PO8slbl8 r8vers81 at each reportlng date. For the purposes of Impalmient te8tlng, when It 18 not posslble to e8tlm8te the recover8ble amount of an Individual asset, an estlmate Is made of the recoverabla amount of the cash-generatlng unit to whlch the asset belongs. The cash-generatlng unit Is Ihe smallest Identifiable group of assets that Indudes the asset and generates cash Inflovts that largely Independent of the cash inflows from olher assets or groups of assets. For impairment tesllng of goodwill, the goodwlll acqulred in 8 buslnes6 comblnatlon 18, from the acqulsltlon date, allocated to each of the cash-generatSng unSts that are expected to beneflt from the synergies of the combinatlon, Irrespectlve of whether other assets or liabllities of the charity are 88slgned to Ih08e unlts. Flnanclal Instrum•nt8 A financlal a8set or a flnanclal118bllSty Is recogn188d only vthen the charfty becomes 8 Paty to the contractual provlslans of tha in8trumant. Baslc finand81 Instruments are Inltlally recognlsed at the amount recelvable or payable Indudlng any related transaction costs. Current assets 8nd current Ilabllitles are sub8equently measured 8t the cash or other conslder8tlon exp8Ct8d to be p81d or recelved and not dlscount8d. Debt instruments are subsequenuy measured at amortlsed cost. Where Inveslmenls In shares are publicly traded or their falr value can othepmse be measured rellably, the investment 58 subsequently measured at fair value wlth changes In f8lr value recognlsed In Incom8 and 8xpendlture. All other such Investments are subsequently measur8d at cost less impalrment. Other financial Instruments, including derlvative8, ere Inltially recognised at fair value, unless payment for an asset Is deferred beyond normal business terms or financed at a rdte of Interest that is not a market rat8, in which case the asset is measured at the present value of the future payments dSscounted at a market rate of interest for a similar debt Instrument. Other flnanclal Instruments are subsequently measured at falr value, wlth any changes racognised in the statement of financial activitles, with the exception of hadging instruments in a deslgnated hedglng relatlonshlp. 12-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Financial Statements (¢ontlnuedJ Year ended 31 December 2024 Accountlng pollcles (conNnued) Financial instruments (¢onllnued) Financial assets that are measured at cost or amortiS8d cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impalrment, an impairnient loss is recognised under the appropriate heading in the statement of financial actNities in which the initial gain was recognised. For all equlty Instruments regardless of significance. and other financial assets that are individually significant, these are assessed individually for impalrmenl. Other financi81 assets are either assessed Indlvldually or grouped on the basls of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not resutt in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment nol previously been recognised. Defined contrfbutlon plans Contrlbutlons to defined contrfbution plans are recognlsed as an expense in the period in which th8 related service is provided. Prepaid contributions are recognised as an asset to the 8Xt8nt that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expeded to be settled wholly within 12 months of the end of the r8POrting date in which the employees r8nd8r the related servi, the liability is measured on a discounted present value basls. The unwinding of the discount Is recognised as an expense In the period In whlch it arises. Limited by guarantee The Charity is 8 company limited by guarantee. The members of the eA)mpany a the trustees named on page 1. In the event of the charity being wound up, the liabllity in respect of the guarantee is limited to £1 per m8mb8r of the charity. Donatlons and legacies Unrestricted Totsl Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations Donations 13,609 13.609 7,773 7,773 Glfts Income tsx recoverable on gift aided subscriptions 23,244 36,853 23.244 22,272 22,272 36,853 30,045 30,045 13-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Financlal Statements (conllnued) Year ended 31 December 2024 Charitable activities Unrestrlcted Funds Restricted Total Funds Funds 2024 Burial scheme contributions Subscriptions 44,261 44,261 148.129 192,390 148,129 148,129 44,261 Unrestricted Funds Restricted Total Funds Funds 2023 Burial scheme contributions Subscriptions 44,004 44,004 141,306 141,306 141,306 44,004 185,310 Investment Income Unrestrlcted Totsl Funds Unrestrfcted Total Funds Funds 2024 Funds 2023 Interest receivable 76,315 76,315 10,013 10,013 Other income Unrestricted Funds Restricted Total Funds Funds 2024 Charity donatlons from K N Appeal Entertainment Weddings Cheder Ulpan Book sales Baby blessings Sale of goods Adult B'n8i Mitzvah 6,136 6,136 2.670 2.670 9,637 5,775 387 9,637 5.775 387 408 408 18.877 6.136 25.013 14-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Flnanclal Statements {¢onth Year ended 31 December 2024 Other Income Unrestricted RestrFcted Total Funds Funds Funds 2023 Charlty donattons from K N Appeal Entertainment Weddlngs Cheder Ulpan Book sates Baby blessings Sale of goods Adult B'nei MitZV8h 5,037 5,037 3.054 1,389 8,262 10.975 254 150 8,000 3.054 1.389 8.262 10.975 254 150 8.000 32.084 5,037 37,121 Cos18 of rnlslng donatlons and l•gaclé• Unrestrlcaed Restrkted Total Funds Funds Funds 2024 Costs of ralslng donatIc3 arKI legacles 90,855 44,261 135.116 Unrestricted Funds Restricted Total Funds Funds 2023 10. Expendfture on charltablo actlvltles by fund typ• Unrestrlcled Totsl Funds Unrestrlcted Total Fund8 Funds 2024 Funds 2023 Support costs 164,712 184.712 108,625 108.625 11. Expandllur• on ¢harttablo actMtle8 by actlvlty type Totsl funds 2024 Total fund 2023 Supwl costs Govemance costs 147.499 147.499 105,728 12. Net Income Net income is stated after chargingl(cr8diting): 2024 2023 Depreciation of tangible fed assets 246 -15-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Financlal Statements (Gonthiuedj Year ended 31 December 2024 13. Independent examlnatlon fees 2024 2023 Fees payable lo the independent examin8r for. Independent examination of the financial ststements 1.440 14. Staff costs The totsl staff costs and employee benefits for the reporting period are analysed as follows." 2024 2023 Wages and salaries Sorial security costs Employer contributions to pension plans 109.749 5,365 17,757 132,871 97.755 2,744 15,841 116,340 The average head count of empk>yees during Ihe year w 11 {2023: 8). The average number of full-time equivalent employees during the year is analysed as follows: 2024 2023 Number of slaff 11 No employee receNed employee benefits of ffre than £60.( during the year (2023: Nil). 15. Trustee remuneration and expense8 There wBs no remuneration in respect of Truslees. Trustees were paid expenses of £362 (2023." £234). -16-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Financial Statements Iconthue Year ended 31 December 2024 16. Tanglble fixed assets Freehold property Equipment Total Cost At 1 January 2024 Revaluauons 145.586 954,414 1,100,000 57,439 203.025 954.414 At 31 December 2024 57,439 1,157,439 Depreclatlon At 1 January 2024 Charge for the year At 31 December 2024 56.702 56.702 56,886 56.886 Carylng amount At 31 December 2024 1.100.000 145.586 553 1.100.553 At 31 December 2023 737 146.323 17. Investments Other investments Cost or valuation At 1 January 2024 Addltlons Fair value movements 750,CIOO 23,074 773.074 At 31 December 2024 Impalmient At 1 January 2024 and 31 December 2024 Carrylng amount At 31 December 2024 773,074 At 31 December 2023 All investments shwi above a ld at valuation. 18. Debtor8 2024 2023 Trade debiors Other debtors (4,072) 23.244 1.266 22.272 19.172 23.538 -17-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Limited by Guarantee Notes to the Flnanclal Statements (Gonthiii8d) Year ended 31 December 2024 19. Credltors: amounts falling due wlthln one year 2024 2023 Accruals and deferred Income Social security and other taxes Olher Greditors 46,961 2.726 4,645 54,332 45,232 2.420 8,885 56,537 20. Creditors: amounts falling due after more than one year 2024 2023 Other creditors 16.858 16,858 21. Pensions and other post retirement benefits Defined contrlbutlon plans The amount recognlsed in Income or expenditure as an expense in relation to defined contribution plans was £17,757 (2023: £15.841). 22. Analysis of charitable funds Unrestricted funds At Gains and 31 December losses 2024 At 1 January 2024 Income Expendlture General funds Revaluation reserve 1,713.065 280.174 {255,567) 1,737,672 977.488 977.488 1,713,085 280,174 {255.587) 977.488 2,715.160 At Gains and 31 December losses 2023 At 1 January 2023 Income Expendlture General funds Revaluation reserve 1.701.469 213.448 (201,852) 1,713,065 1,701,469 213.448 (201,852) 1,713,065 18-
EAST LONDON & ESSEX LIBERAL SYNAGOGUE Company Llmited by Guarantee Notes to the Financial Statements (¢onthwdJ Year ended 31 December 2024 22. Anatysls of charitsbla funds {contInu Restrithd funds At G8lns and 31 December losses 2024 1 January 2024 IrKx)me Exprture Charity donatlons K N Appeal Burfal stheme 6,136 44.261 6.136 {44.261) {44,261) 50.397 6,136 At Gains and 31 Oecember losses 2023 1 January 2023 Income EX[ndliU Chaiity donations from K N Appeal BurÈal scheme 1.049 5.037 44.004 (6.086) {44.004) {50,090) 1.049 49,041 23. Analysis of net assets between funds Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 1.100.553 918.857 (54,332) 1.965.078 1.100,553 918.857 (54,332) 1.965.078 Unrestrict8d Tolal Funds Funds 2023 Tangible fixed assets CUrn1 assets Creditors less than 1 year Net assets 146,323 1,640.137 (56.537) 1.729.923 146,323 1,640,137 (56,537) 1.729.923 24. Analysis of changes In net debt At At 1 Jan 2024 Cash flows 31 Dec 2024 Cash at bank and in hand 1.616.$99 (716,914) 899.685 -19-