Charity No: 1173655
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
ACCOUNTS for the year ended 30 September 2021
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
ACCOUNTS for the year ended 30 September 2021
## CONTENTS
ANNUAL REPORT OF THE TRUSTEES
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
STATEMENT OF FINANCIAL ACTIVITIES
POLICIES
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS
## **BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS**
## **ANNUAL REPORT OF THE TRUSTEES**
for the year ended 30 September 2021
The trustees present their report and the financial statements of the charity for the year ended 30 September 2021
## **REFERENCE AND ADMINISTRATION DETAILS**
## **Name:**
The name of the charity is Beth Hamidrash Hagadol Synagogue, Leeds.
## **Address:**
The address of the charity is 399 Street Lane, Leeds, LS8 6HQ.
## **Trustees:**
At the time of this report the trustees were -
Mr M.R. Eaton Mr D. Jacobs Mr S. Myerson Mr L.L. Davidson Mr J.M. Straight Mr I Green
## **Chief Executive Officer:**
The day to day management of the charity is delegated by the trustees to the Chief Executive officer, Deborah Selwyn.
## **Bankers:**
HSBC, 33 Park Row, Leeds, LS1 1LD.
## **Independent examiner:**
Mr M. Winburn Chartered accountant 6 Queen Street, Leeds LS1 2TW
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The charity, a Charitable Incorporated Organisation (CIO), is governed by its Articles and constitution.
The management of the charity is vested in the trustees. There is an advisory council. The trustees and most of the council are elected by the members at the Annual General Meeting.
The charity has a wholly owned subsidiary company, Street Lane Bakery Limited, which operates as a manufacturing baker.
The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems and/or procedures have been established to manage them.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the charity are to advance the orthdox Jewish religion and faith for the public benefit by all or any of the following means:
- to advance the orthodox Jewish religion amongst Jewish people and the general public, in accordance with its doctrines by the celebration of divine services and other religious activities;
- to provide for the religious needs and spiritual growth of the members of the synagogue and to establish and maintain such institutions as may be required for this purpose in accordance with traditional orthodox Jewish law;
- to do all such other things (consistent with the charitable character of the synagogue) as will further the attainment of the other objectives provided always that the activities shall be carried on in accordance A94with the priniciples of orthodox Jewish law.
The activities of the charity, usually through its Rabbis and lay preachers include the provision of
- daily religious services with special arrangments for children;
- appropriate services for members celebrating marriages, Bar Mitzvahs and Bat Mitzvahs;
- services for all the festivals and high holy days;
- learning opportunities for the study of Torah and Jewish values;
- a burial ground and funeral services for members, non members and their families.
The charity also provides a comprehensive social programme throughout the year, including events for teens and the over sixties, as well as engaging in pastoral care according to members' needs.
## **ACHIEVEMENTS AND PERFORMANCES**
Where possible, the charity continued to provide physical as well as virtual religious services throughout the year. We operated within the Covid guidelines, promoting 'safe distancing' and 'mask wearing' initiatives. Nevertheless the pandemic created many challenges, our Rabbis supporting the membership with outreach programmes, religious services by zoom, pastoral care, etc., to keep in touch. The charity succcessfully applied for grants which compensated, to some extent, for the fall in income from sponsorship and donations and enabled it to retain a full complement of staff. For the sake of all concerned it is hoped soon to be in a position to resume normal activities.
As far as permitted by the authorities in compliance with the covid-19 reulations, religious services were held there throughout the year under review and a full progamme of educational, social, and other religious events, many with the assistance of unpaid volunteers, were also arranged.
As an important role, the charity welcomed visits to the synagogue from local schools. This gives pupils of other faiths an insight into the Jewish religion and culture. Through this initiative the charity helps to reduce ignorance and antisemitism in the wider community.
## **FINANCIAL REVIEW**
During the year the charity incured a deficit of £1,030 (2020: a surplus of £60,113) leaving reserves carried forward of £434,878 (2020 £435,908) respectively.
It is the charity's policy to try to maintain unrestricted funds, after deducting the book value of fixed assets at a level which equates to not less than six months' unrestricted expenditure so as to provide sufficient funds to cover normal running costs. It is considered that unrestricted funds were maintained at a reasonable level throughout the year.
The charity is funded principally by voluntary subscriptions and donations and these pay for the staffing and other facilities required to deliver the charity's objectives.
## **PLANS FOR FUTURE PERIODS**
The charity plans to continue to provide the same services and facilities as have been supplied in the past.
## **TRUSTEES RESPONSIBILITIES**
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees are required to:-
select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent;
state whether applicable Accounting Standards and Statements of Recommended Practice have been followed, subject to any departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
APPROVED BY THE TRUSTEES and signed on their behalf on 01 June 2022 by:
Mr M Eaton President
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS for the year ended 30 September 2021
The charity's trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
- It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act), and
- to state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequntly no opinion is given as to whether the accounts present a 'true and fair view' and the report is imited to those matters set out in the statement below.
In connection with the examination, no matter has come to my attention
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M. Winburn, FCA Chartered Accountant, 6 Queen Street Leeds LS1 2TW
01 June 2022
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS`
## STATEMENT OF FINANCIAL ACTIVITIES for the year ended 30 September 2021
|INCOMING RESOURCES
Note
Incoming resources from generated funds
Voluntary income
1
Activities for generating funds
2
Other trading income
3
Investment income
Rent and rooms hire
Incoming resources from charitable activities
4
Other incoming resources
5
_Total incoming resources_
RESOURCES EXPENDED
Costs of generating funds
Costs of generating voluntary income
6
Charitable activities
7
Governance costs
8
_Total resources expended_
Net outgoing resources (2020: incoming) before
extraordinary resource
EXTRAORDINARY RESOURCE
9
_Net outgoing (2020: incoming) resources_
RECONCILIATION OF FUNDS
- endowment fund
- unrestricted income fund
Total funds brought forward
_Total funds carried forward_|**2021**
**370,921**
**0**
**9,776**
**3**
**15,764**
**42,700**
**11,534**|2020
388,820
0
10,363
0
17,921
41,284
41,601|
|---|---|---|
||**£450,698**|£499,989|
||**2021**
**16,966**
**483,284**
**6,000**|2020
9,987
478,645
5,400|
||**£506,250**|£494,032|
||**-£55,552**
**£54,522**|£5,957
£54,156|
||**-£1,030**|£60,113|
||**2021**
**18,305**
**417,603**|2020
18,305
357,490|
||**435,908**
|375,795
|
||~~**£434,878**~~|~~£435,908~~|
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
## ACCOUNTING POLICIES
for the year ending 30 September 2021
## BASIS OF ACCOUNTING
The financial statements have been prepared under the historical cost convention,in accordance with applicable accounting standards and the Statement of Recommended Practice on accounting by charities.
## ACCOUNTING CONVENTION
The financial statements have been prepared in accordance with the special provisions of Part Vll of the Companies Act 1985 relating to small entities.
## INCOMING RESOURCES
## _Voluntary income_
Voluntary income is recognised on receipt.
## _Interest Receivable_
Interest is included when receivable.
## _Incoming resources from charitable activities_
These are recognised upon receipt.
## RESOURCES EXPENDED
All expenditure is accounted for on an accruals basis.
_Pension Costs_
The charity contributes to defined contribution schemes for certain employees. The premiums are charged as an expense as they fall due.
## TANGIBLE FIXED ASSETS AND DEPRECIATION
Tangible fixed assets are capitalised and are included at cost.
Freehold property and Sifrei Torah are well maintained such that the trustees consider it unnecesary to make any provision for depreciation in respect thereof. Depreciation is provided on all other fixed assets at rates calculated to write off the costs on a straight line basis over their expected useful econonic lives, as follows:
Plant and equipment
over 3 years
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
|BALANCE SHEET
30 September 2021
Note
FIXED ASSETS
Tangible assets
10
Investment
11
_Total fixed assets_
CURRENT ASSETS
Stock
Debtors
12
Cash at bank and in hand
_Total current assets_
LIABILITIES
Creditors: amounts fallng due within one year
Unsecured "bounce back" bank loan
Other creditors
_Total current liabilities_
13
_Net current assets_
Creditors: amounts falling due after one year
Unsecured "bounce back" bank loan
Member deposits
14
TOTAL NET ASSETS
Representing:
CAPITAL AND RESERVES
Called up share capital
SHAREHOLDERS' FUNDS - equity interests
THE FUNDS OF THE CHARITY
Endowment fund
Unrestricted Income fund|**2021**
**377,633**
**1**
**£377,634**
**1**
**29,507**
**146,205**
**£175,713**
**6,250**
**58,469**
**£64,719**
**£110,994**
**43,750**
**10,000**
**£53,750**
~~**£434,878**~~
**1**
**18,305**
**416,572**
~~**£434,878**~~|2020
390,785
1|
|---|---|---|
|||£390,786|
|||1
34,833
64,131|
|||£98,964|
|||-
53,842|
|||£53,842|
|||£45,122
-
-|
|||-|
||||
|||~~£435,908~~|
|||1
18,305
417,603
|
|||~~£435,908~~|
## BETH HAMIDRASH HAGADOL SYNAGOGUE, LEEDS
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 30 September 2021
|1 DONATIONS
**2021**
Member contributions
**296,258**
Security levy
**30,021**
Community levy
**7,673**
Other donations
**36,968**
~~**£370,921**~~
2
ACTIVITIES FOR GENERATING FUNDS
**2021**
None
**£-**
3
OTHER TRADING INCOME
Bookshop receipts
**588**
Leisure club receipts
**20**
Calendar and BIMA receipts
**9,168**
**£9,776**
4
INCOMING RESOURCES FROM CHARITABLE ACT
**2021**
Cemetery and burial services
**£42,700**
5
OTHER INCOMING RESOURCES
**2021**
Sundry receipts
**210**
Events receipts
**10,302**
Weddings, Barmitzvah, etc., fees
**1,022**
~~**£11,534**~~
6
COST OF RAISING FUNDS
**2021**
Leisure club expenses
**446**
Events
**10,377**
Bookshop expenses
**393**
Calendar and BIMA expenses
**5,750**
~~**£16,966**~~
7 CHARITABLE ACTIVITIES
**2021**
kiddush and festival expenses
**7,740**
salaries and pension contributions
**203,848**
LJOY, youth programme, outreach, etc
**15,168**
support to other charities
**17,724**
synagogue running expenses
**77,380**
security costs
**14,455**
in-house cemetery and burial services
**22,409**
subcontracted burial services
- Chevra Kadisha
**13,400**
- Leeds Jewish Orthodox Cemeteries
**57,400**
sundry expenses
**1,042**
subscriptions
**4,030**
bad debts
**184**
legal and professional expenses
**18,332**
shul merger expenses
**10,353**
financial costs
**4,809**
depreciation
**15,007**
**£483,284**
8 GOVERNANCE COSTS
**2021**
Fees for the independent examination of the
financial statements
**£6,000**|**2021**
**296,258**
**30,021**
**7,673**
**36,968**
|2,020
332,757
29,002
7,749
19,312
|
|---|---|---|
||~~**£370,921**~~|~~£388,820~~|
||**2021**
**£-**|2020
£-|
||**588**
**20**
**9,168**|392
1,475
8,496|
||**£9,776**|£10,363|
|||2020
£41,284|
||**2021**
**210**
**10,302**
**1,022**
|2020
23,914
16,397
1,290|
||~~**£11,534**~~|£41,601|
||**2021**
**446**
**10,377**
**393**
**5,750**
|2020
1,867
2,010
475
5,635|
||~~**£16,966**~~|£9,987|
||**2021**
**7,740**
**203,848**
**15,168**
**17,724**
**77,380**
**14,455**
**22,409**
**13,400**
**57,400**
**1,042**
**4,030**
**184**
**18,332**
**10,353**
**4,809**
**15,007**|2020
23,436
208,429
-
18,623
87,630
32,785
2,941
13,400
54,450
-
4,156
-
16,905
4,263
4,919
6,708|
||**£483,284**|£478,645|
||**2021**
**£6,000**|2020
£5,400|
|9
EXTRAORDINARY RESOURCE - coronavirus relate
**2021**
public funding
Grants received
**17,431**
Furlough subsidies
**38,291**
**55,722**
Less: related expenses
**1,200**
**£54,522**|9
EXTRAORDINARY RESOURCE - coronavirus relate
**2021**
public funding
Grants received
**17,431**
Furlough subsidies
**38,291**
**55,722**
Less: related expenses
**1,200**
**£54,522**|2020
29,500
33,500|
|---|---|---|
||**55,722**
**1,200**|63,000
8,844|
||**£54,522**|£54,156|
10 TANGIBLE FIXED ASSETS
|COST
At 30 September 2020
Additions
At 30 September 2021
DEPRECIATION
At 30 September 2020
Charge for the period
At 30 September 2021
NET BOOK VALUE
At 30 September 2021
At 30 September 2020|**Land and **
**buildings**
**£**|**Plant and**
**equipment**
**£**|**Total**
**£**|
|---|---|---|---|
||340,765
0|176,186.10
1,855.00|**516,951**
**1,855**|
||**340,765**|**178,041.10**|**518,806**|
||0
0|161,166.00
15,007.00|**161,166**
**15,007**|
||**0**|**176,173.00**|**176,173**|
|||||
||**340,765**|**1,868.00**|**342,633**|
|||||
||340,765|15,020.10|355,785|
Although the trustees consider the market value of the charity's interest in land and buildings is considerably greater than its carrying value, in view of the nature of the charity they have not sought aprofessional valuation because they do not consider the cost thereof can be justified.
|INVESTMENT - SUBSIDIARY UNDERTAKING|**2021**|2020|
|---|---|---|
|Share, at cost|**1**|1|
|Amount owed to (2020: from) the subsidiary undertak|**-2,185**|12,521|
||**-£2,184**|£12,522|
## 11 INVESTMENT - SUBSIDIARY UNDERTAKING
The charity is the beneficial owner of the whole of the issued share capital of its subsidiary, Street Lane Bakery Limited, a company that operates a bakery.
Advantage has been taken of the regulations which set aside the requirement to prepare group accounts.
|**2021**
Aggregate amount of capital and reserves at 30 Septembe
**£8,153**
Aggregate profit for the year then ended
**£3,449**
12 DEBTORS
**2021**
Debtors
**16,703**
Prepayments
**12,804**
**£29,507**
13 CREDITORS: AMOUNTS FALLING DUE WITHIN ON
**2021**
Trade creditors
**21,293**
Accruals
**29,133**
Unsecured 'bounce back' bank loan
**6,250**
Other creditors
**8,043**
**£64,719**|**2021**
Aggregate amount of capital and reserves at 30 Septembe
**£8,153**
Aggregate profit for the year then ended
**£3,449**
12 DEBTORS
**2021**
Debtors
**16,703**
Prepayments
**12,804**
**£29,507**
13 CREDITORS: AMOUNTS FALLING DUE WITHIN ON
**2021**
Trade creditors
**21,293**
Accruals
**29,133**
Unsecured 'bounce back' bank loan
**6,250**
Other creditors
**8,043**
**£64,719**|2020
-£1,542
£65,658|
|---|---|---|
||**2021**
**16,703**
**12,804**|2020
20,772
14,061|
||**£29,507**|£34,833|
|||2020
14,132
-
39,710|
||**£64,719**|£53,842|
|14 CREDITORS: AMOUNTS FALLING DUE AFTER MO
**2021**
2020
Unsecured 'bounce back' bank loan
**43,750** -
Member's deposit
**10,000** -
**£53,750**
£0
15 STAFF COSTS
**2021**
2020
Salaries
**185,496**
189,459
Social security costs
**11,483**
10,716
Pension contributions
**6,869**
8,254
**£203,848**
208,429
£
**Staff numbers **
**2021**
2020
The average number of staff employed was
**11**
11|14 CREDITORS: AMOUNTS FALLING DUE AFTER MO
**2021**
2020
Unsecured 'bounce back' bank loan
**43,750** -
Member's deposit
**10,000** -
**£53,750**
£0
15 STAFF COSTS
**2021**
2020
Salaries
**185,496**
189,459
Social security costs
**11,483**
10,716
Pension contributions
**6,869**
8,254
**£203,848**
208,429
£
**Staff numbers **
**2021**
2020
The average number of staff employed was
**11**
11|14 CREDITORS: AMOUNTS FALLING DUE AFTER MO
**2021**
2020
Unsecured 'bounce back' bank loan
**43,750** -
Member's deposit
**10,000** -
**£53,750**
£0
15 STAFF COSTS
**2021**
2020
Salaries
**185,496**
189,459
Social security costs
**11,483**
10,716
Pension contributions
**6,869**
8,254
**£203,848**
208,429
£
**Staff numbers **
**2021**
2020
The average number of staff employed was
**11**
11|
|---|---|---|
||**£53,750**|£0|
||**2021**
**185,496**
**11,483**
**6,869**|2020
189,459
10,716
8,254|
||**£203,848**|208,429
£|
||**2021**
**11**|2020
11|
16 TRUSTEES' REMUNERATION AND BENEFITS
The trustees neither received, nor waived, any emoluments during the year (2020: £ Nil).