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2025-09-30-accounts

REGISTERED CHARITY NUMBER: 1173655

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Beth Hamidrash Hagadol Synagogue Leeds

Q&K Auditors Ltd 14 Clifton Moor Business Village James Nicolson Link York YO30 4XG

Beth Hamidrash Hagadol Synagogue Leeds

Contents of the Financial Statements for the Year Ended 30 September 2025

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 16
Detailed Statement of Financial Activities 17 to 18

Beth Hamidrash Hagadol Synagogue Leeds

Report of the Trustees for the Year Ended 30 September 2025

The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. 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 objectives of the charity are to advance the Orthodox Jewish religion and faith for the public benefit by all or any of the following means:-

Activities

The activities of the charity, usually through its Rabbis and lay preachers include the provision of:-

The charity also provides a regular social programme throughout the year addressing various age groups, as well as engaging in pastoral care according to members' needs.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity provided physical religious services on a daily basis throughout the year. On weekdays, a live stream of services was offered for those who were either unable or unwilling to attend the building in person.

As an important role, the charity welcomed visits to the Synagogue from local schools. This gives pupils of other faiths an insight into the Orthodox Jewish religion and culture. Through this initiative the charity helps to reduce ignorance and antisemitism in the wider community.

FINANCIAL REVIEW

Financial position

During the year the charity incurred a surplus of £35,990 (2024 deficit £11,280) leaving reserves carried forward of £421,804 (2024 £385,814).

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.

Page 1

Beth Hamidrash Hagadol Synagogue Leeds

Report of the Trustees for the Year Ended 30 September 2025

FUTURE PLANS

The charity plans to continue to provide the same services and facilities as have been supplied in the current year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity, a Charitable Incorporated Organisation, is governed by its Articles and constitution.

Organisational structure

The management of the charity is vested in the trustees. There is an advisory council which provides feedback and acts as a sounding board for trustees. The trustees and most of the council are elected by the members at the Annual General Meeting.

Related parties

The charity wholly owns a subsidiary company, Street Lane Bakery Limited, which operates as a kosher manufacturing baker and bakery retailer, as well as operating a café on site. These facilities are offered for the benefit of the wider community.

Risk management

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.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1173655

Principal address

399 Street Lane Leeds LS8 6HQ

Trustees

M R Eaton J M Straight I Green (resigned 14.5.25) A Taylor M Sumroy A Jacobs L S Dalton (appointed 12.8.25)

Independent Examiner

Mr R Ormiston Q&K Auditors Ltd 14 Clifton Moor Business Village James Nicolson Link York YO30 4XG

Chief Executive Officer:

The day to day management of the charity is delegated by the trustees to the Chief Executive Officer, Noam Foreman.

Page 2

Beth Hamidrash Hagadol Synagogue Leeds

Report of the Trustees for the Year Ended 30 September 2025

Approved by order of the board of trustees on 19 May 2026 and signed on its behalf by:

Jonathan Straight

J M Straight - Trustee

Page 3

Independent Examiner's Report to the Trustees of Beth Hamidrash Hagadol Synagogue Leeds

Independent examiner's report to the trustees of Beth Hamidrash Hagadol Synagogue Leeds

I report to the charity trustees on my examination of the accounts of Beth Hamidrash Hagadol Synagogue Leeds (the Trust) for the year ended 30 September 2025.

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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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:

  1. 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

  3. 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.

Rob Ormiston

Mr R Ormiston The Institute of Chartered Accountants in England and Wales

Q&K Auditors Ltd 14 Clifton Moor Business Village James Nicolson Link York YO30 4XG

19 May 2026

Page 4

Beth Hamidrash Hagadol Synagogue Leeds

Statement of Financial Activities for the Year Ended 30 September 2025

Unrestricted
fund
Notes
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
2
398,510
Charitable activities
5
Incoming resources from
charitable activities
64,921
Other trading activities
3
12,546
Investment income
4
614
Other income
34,986
Total
511,577
EXPENDITURE ON
Costs of trading activities
and fundraising
6
8,780
Charitable activities
7
Costs of charitable activities
461,771
Governance costs
5,182
Total
475,733
NET
INCOME/(EXPENDITURE)
35,844
RECONCILIATION OF
FUNDS
Total funds brought forward
367,509
TOTAL FUNDS CARRIED
FORWARD
403,353
Restricted
fund
£
50,000
-
-
-
-
50,000
-
49,854
-
49,854
146
-
146
Endowment
fund
£
-
-
-
-
-
-
-
-
-
-
-
18,305
18,305
30.9.25
Total
funds
£
448,510
64,921
12,546
614
34,986
561,577
8,780
511,625
5,182
525,587
35,990
385,814
421,804
30.9.24
Total
funds
£
437,896
58,036
9,850
994
26,821
533,597
6,695
533,851
4,331
544,877
(11,280)
397,094
385,814

The notes form part of these financial statements

Page 5

Beth Hamidrash Hagadol Synagogue Leeds

Balance Sheet 30 September 2025

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
11
401,671
Investments
12
1
401,672
CURRENT ASSETS
Stocks
13
1
Debtors
14
40,249
Cash at bank and in hand
41,214
81,464
CREDITORS
Amounts falling due within
one year
15
(46,492)
NET CURRENT ASSETS
34,972
TOTAL ASSETS LESS
CURRENT LIABILITIES
436,644
CREDITORS
Amounts falling due after
more than one year
16
(33,291)
NET ASSETS
403,353
FUNDS
18
Unrestricted funds
Restricted funds
Endowment funds
TOTAL FUNDS
Restricted
fund
£
-
-
-
-
-
146
146
-
146
146
-
146
Endowment
fund
£
-
-
-
-
-
18,305
18,305
-
18,305
18,305
-
18,305
30.9.25
Total
funds
£
401,671
1
401,672
1
40,249
59,665
99,915
(46,492)
53,423
455,095
(33,291)
421,804
403,353
146
18,305
421,804
30.9.24
Total
funds
£
380,128
1
380,129
1
36,519
74,173
110,693
(63,430)
47,263
427,392
(41,578)
385,814
367,509
-
18,305
385,814

The financial statements were approved by the Board of Trustees and authorised for issue on 19 May 2026 and were signed on its behalf by:

Jonathan Straight

J M Straight - Trustee

The notes form part of these financial statements

Page 6

Beth Hamidrash Hagadol Synagogue Leeds

Cash Flow Statement for the Year Ended 30 September 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the
end of the reporting period
2
30.9.25
£
22,194
(870)
21,324
(28,473)
614
(27,859)
(5,340)
(5,340)
(11,875)
71,540
59,665
30.9.24
£
(5,745)
(1,004)
(6,749)
(1,607)
994
(613)
(5,208)
(5,208)
(12,570)
84,110
71,540

The notes form part of these financial statements

Page 7

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Cash Flow Statement for the Year Ended 30 September 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING
ACTIVITIES
30.9.25 30.9.24
£ £
Net income/(expenditure) for the reporting period (as per
the Statement of Financial Activities) 35,990 (11,280)
Adjustments for:
Depreciation charges 6,930 2,891
Interest received (614) (994)
Interest paid 870 1,004
Increase in debtors (3,730) (8,935)
(Decrease)/increase in creditors (17,252) 11,569
Net cash provided by/(used in) operations 22,194 (5,745)
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand 30.9.25
£
50
30.9.24
£
50
Notice deposits (less than 3 months) 59,615 74,123
Overdrafts included in bank loans and overdrafts falling due within one
year - (2,633)
Total cash and cash equivalents 59,665 71,540
3. ANALYSIS OF CHANGES IN NET FUNDS
Net cash At 1.10.24
£
Cash flow
£
At 30.9.25
£
Cash at bank and in hand 74,173 (14,508) 59,665
Bank overdraft (2,633) 2,633 -
71,540 (11,875) 59,665
Debt
Debts falling due within 1 year (5,206) (135) (5,341)
Debts falling due after 1 year (32,018) 5,475 (26,543)
(37,224) 5,340 (31,884)
Total 34,316 (6,535) 27,781

The notes form part of these financial statements

Page 8

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements for the Year Ended 30 September 2025

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, with the exception of investments which are included at market value.

Income

Voluntary income is recognised on receipt.

Interest is included when receivable.

Incoming resources from charitable activities are recognised upon receipt.

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

Tangible fixed assets are capitalised and included at cost.

Depreciation is provided on plant and machinery on a straight line basis over 3 years.

Freehold property and Sifrei Torah are well maintained such that the trustees consider it unnecessary to make provision for depreciation in respect thereof.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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.

continued...

Page 9

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

2.
DONATIONS AND LEGACIES
Member contributions
Security levy
Community levy
Other donations
3.
OTHER TRADING ACTIVITIES
Bookshop income
Calendar and BIMA magazine receipts
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Cemetery and burial
Incoming resources from charitable
services
activities
Incoming resources from charitable
Grants
activities
Grants received, included in the above, are as follows:
Security Grant
30.9.25
£
334,022
21,042
6,273
87,173
448,510
30.9.25
£
342
12,204
12,546
30.9.25
£
614
30.9.25
£
39,399
25,522
64,921
30.9.25
£
25,522
30.9.24
£
355,460
21,410
6,661
54,365
437,896
30.9.24
£
90
9,760
9,850
30.9.24
£
994
30.9.24
£
44,931
13,105
58,036
30.9.24
£
13,105

continued...

Page 10

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

6. COSTS OF TRADING ACTIVITIES AND FUNDRAISING

Raising donations and legacies

30.9.25
£
Events
1,455
Bookshop expenses
616
Calendar and BIMA expenses
6,709
8,780
7.
CHARITABLE ACTIVITIES COSTS
Costs of charitable activities
Governance costs
30.9.24
£
-
671
6,024
6,695
Direct
Costs
£
511,625
5,182
516,807

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2025 nor for the year ended 30 September 2024.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Admin, Caretaker & Support, Clergy
30.9.25
£
138,772
6,048
4,195
149,015

30.9.25
9
30.9.24
£
196,478
9,221
7,138
212,837
30.9.24
10

No employees received emoluments in excess of £60,000.

continued...

Page 11

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
437,896
-
Charitable activities
Incoming resources from charitable
activities
58,036
-
Other trading activities
9,850
-
Investment income
994
-
Other income
26,821
-
Total
533,597
-
EXPENDITURE ON
Costs of trading activities and fundraising
6,695
-
Charitable activities
Costs of charitable activities
533,851
-
Governance costs
4,331
-
Total
544,877
-
NET INCOME/(EXPENDITURE)
(11,280)
-
RECONCILIATION OF FUNDS
Total funds brought forward
378,789
-
TOTAL FUNDS CARRIED FORWARD
367,509
-
11.
TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 1 October 2024
340,765
Additions
-
At 30 September 2025
340,765
DEPRECIATION
At 1 October 2024
-
Charge for year
-
At 30 September 2025
-
NET BOOK VALUE
At 30 September 2025
340,765
At 30 September 2024
340,765
Endowment
fund
£
-
-
-
-
-
-
-
-
-
-
-
18,305
18,305
Plant and
machinery
£
219,098
28,473
247,571
179,735
6,930
186,665
60,906
39,363
Total
funds
£
437,896
58,036
9,850
994
26,821
533,597
6,695
533,851
4,331
544,877
(11,280)
397,094
385,814
Totals
£
559,863
28,473
588,336
179,735
6,930
186,665
401,671
380,128

continued...

Page 12

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

11. TANGIBLE FIXED ASSETS - continued

Fixed assets includes £35,000 for Sifrei Torah which is not depreciated.

12. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£
MARKET VALUE
At 1 October 2024 and
30 September 2025 1
NET BOOK VALUE
At 30 September 2025 1
At 30 September 2024 1

The charity is the beneficial owner of 100% of the issued share capital of Street Lane Bakery Limited, a company that operates a bakery and café.

Advantage has been taken of the regulations which set aside the requirement to prepare consolidated accounts.

13. STOCKS

Stocks
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Bad Debt Provision
Other debtors
Prepayments
30.9.25
£
1
30.9.25
£
31,525
(6,000)
1,080
13,644
40,249
30.9.24
£
1
30.9.24
£
23,718
-
1,080
11,721
36,519

continued...

Page 13

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Unsecured bounce back loan (see note 17)
Trade creditors
Other creditors and accruals
16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Unsecured bounce back loan (see note 17)
Members' deposits
17.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loan more than 5 years by instalments
18.
MOVEMENT IN FUNDS
At
1.10.24
£
Unrestricted funds
General fund
367,509
Restricted funds
Restricted Fund
-
Endowment funds
Endowment fund
18,305
TOTAL FUNDS
385,814
30.9.25
£
5,341
13,568
27,583
46,492

30.9.25
£
26,543
6,748
33,291
30.9.25
£
-
5,341
5,341
5,341
16,023
5,179
Net
movement
in funds
£
35,844
146
-
35,990
30.9.24
£
7,839
26,757
28,834
63,430
30.9.24
£
32,018
9,560
41,578
30.9.24
£
2,633
5,206
7,839
5,206
15,619
11,193
At
30.9.25
£
403,353
146
18,305
421,804

continued...

Page 14

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
511,577
Restricted funds
Restricted Fund
50,000
TOTAL FUNDS
561,577
Comparatives for movement in funds
At
1.10.23
£
Unrestricted funds
General fund
378,789
Endowment funds
Endowment fund
18,305
TOTAL FUNDS
397,094
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
533,597
TOTAL FUNDS
533,597
Resources
Movement
expended
in funds
£
£
(475,733)
35,844
(49,854)
146
(525,587)
35,990
Net
movement
At
in funds
30.9.24
£
£
(11,280)
367,509
-
18,305
(11,280)
385,814
Resources
Movement
expended
in funds
£
£
(544,877)
(11,280)
(544,877)
(11,280)

continued...

Page 15

Beth Hamidrash Hagadol Synagogue Leeds

Notes to the Financial Statements - continued for the Year Ended 30 September 2025

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted Fund
Endowment funds
Endowment fund
TOTAL FUNDS
At
1.10.23
£
378,789
-
18,305
397,094
Net
movement
in funds
£
24,564
146
-
24,710
At
30.9.25
£
403,353
146
18,305
421,804

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds Incoming
Resources
resources
expended
£
£
Movement
in funds
£
General fund 1,045,174
(1,020,610)
24,564
Restricted funds
Restricted Fund 50,000
(49,854)
146
TOTAL FUNDS 1,095,174
(1,070,464)
24,710

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 September 2025.

Signature: Jonathan Straight Jonathan Straight (Jun 29, 2026 14:54:31 GMT+1)

Email: jonathan@bhhs.co.uk

Signature: Rob Ormiston

Rob Ormiston (Jun 26, 2026 09:56:50 GMT+1) Email: rob@northerntonic.co.uk

Page 16

Beth Hamidrash Hagadol Synagogue Leeds Abbr Accounts 2025

Final Audit Report

2026-06-29

Created: 2026-06-26 By: V L Stakes (vicky@northerntonic.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAN0N_CunWI-9nKjBxqhsgcOPPeZYggCzR

"Beth Hamidrash Hagadol Synagogue Leeds Abbr Accounts 202 5" History

Document created by V L Stakes (vicky@northerntonic.co.uk)

2026-06-26 - 8:50:26 AM GMT

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Email viewed by Robert Ormiston (rob@northerntonic.co.uk)

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Document e-signed by Rob Ormiston (rob@northerntonic.co.uk)

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