COMPANY REGISTRATION NUMMER: 10421845 CHARJTY REGISTRATION NUMBER: 1177368 ALEXANDER SHTIEBEL CompAny Limited by Guarantee Unaudited Financial Statements 31 December 2023
ALEXANDER SHTIEBEL C'ompany.Limited by_Gllar2ntee Financial Statements Period from l December 2022 to 31 December 2023 Page Trustees, annual report (incorporating the director's report) Independent examin&8 report lo the trustses Statement of financial activities (including income and expenditure account) Stat¢ment of financial position Notes to the financial statements
ALEXANDER SHTIEBEL Company Limited by Guarantee Trustees, Annual Report (Incorporvlting the Director's Report) Period from l December 2022 to 31 December 2023 The trustees. who are also the directors for th¢ purposes of company law. present their report and the unaudited financial statements of the charity for the period ended 31 December 2023. Reference and admlnlstrative detedlls Alexander Shtiebel Reglstered eharlty name Ch*rity registration number Company registration number 10421845 Prlncipal offlce and reglstered New Burlington House offlce 1075 Fin¢hley road London NWI I OPU 1177368 The trustees N J Halpern L Lipschits M Ros¢nblum Independen¢ exAmlner David Goldberg New Burlington Hous¢ 1075 Finchley Road London NWI I OPU Slrueture? governAnee And monag¢men¢ Government documenl The Charity is constituted as a Company Limited by guar8nte¢, and is therefore 8overned by its Memorandum and Articles of Association. Appolntmenl, tr#lnlng and rttruitment of trustee8 New trust¢¢s Are subject to trustee induction training which includes V4n understanding of the content of the Memorandum and Articles of Asso¢iation, their legAI obli8Ations und¢r Charity Acl and Company Law, the organisational Struclure of charity and the recent financial performance of the charity. Trustees are encourag¢d to attend appropriate external training events which enhance Iheir knowledge and skill thereby improving the perfornianc¢ of their role. Mydnagemellt of the chartty The day-to-dAy affairs of the Charity are administered by the trustees. Related parties and eo-operatlons with other organlsydtlons None of our tTUSt¢es receive remuneration or oth¢r benefit from their work with the charity. Any connection b¢twe¢n a trustee of the charity with a supplier company musi be disclos¢d to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transactions w¢re reported.
ALEXAM)ER s]EBEL Company Limited by-Guarant¢e Trustees, Annuydl Report {Incorporatlng the Director'8 Report) Period from l December 2022 to 31 December 2023 Objectives And aetfvlties The object of the charity are the advan¢¢ment of Jewish religion; advancement of Jewish reli8ioUS education and the relief of poverty. During the year charity continued to operate a synagogue which offers regular prayer service5, educational courses and lectures teaching about the Jewish religion and practical J¢wish law. Th¢ Trustees confirni their compliance with the duty to have due regard to the publi¢ b¢n¢fit guidau¢¢ published by the Charity Commission when reviewing the Charity's aims and objectives and in planning future activities. Achlevements and p¢rforman¢e Attendance to prayers and lectures conlinues to be well attended. Flllanelal review The trustees aim to maintain free reserves at a level of thr¢¢ to six months running costs, As at balan¢¢ sh¢¢t the total unrestricted fiinds were £794,108. This was comprised of £416,420 held as fixed assets, £439,198 in ¢urr¢nt assets and £61,510 of long tem) loans. Small eompAny provtslong This report has been prepared in accordance with the provisions applicable to companies entitled ¢0 the small companies exemption, The trustees, annual report was approved on 31 thtober 2024 and signed on behalf of the board of trustees by.. Mr L Llp$¢hlts Trustee
ALEXANDER SHTIEBEL Company Limited by Guarantee Independent Exydminer's Report to the Trustees of ALEXANDER SHTIEBEL Period from l December 2022 to 31 December 2023 I report lo the trustees on my examination of the financial statements of ALEXANDER SHTtEBEL ('the charity) for the period ended 31 Deeetllber 2023. Responsibilities And basis of report As the tsustees of the company (and also its directors for th¢ purposes of company law) you a responsibl¢ for the preparation of the financial statements in aocordance with the requirements of th¢ Companies Act 2006 {'the 2006 Act,). Having s&tisfied myself that th¢ accounts of the company are not required to b¢ audited under Part 16 of the 2006 Act and are eligible for indep¢ndeni examination, I report in respe¢t of my examination of the charity's accounts as carried out under s¢Glion 145 of the Chariti¢s Act 2011 ('the 201 l Act,). In carrying out my ¢xamination I have followed the Directions given by the Charity Commission under s¢¢tion 145{5Xb) of the 2011 Act, IDdtpenden¢ examlner's statement Sin¢¢ your charity's gross income exceeded £250,000 your examiner must be & member of a listed body. l Can confimi that l am qualified io undertake tho examination because l am a re8lStered memb¢r of the Association of Chartered Certified Accountants which is one of the listed bodies. I have completed my ¢xamin&tion. I confim) that no matters have com¢ to my att¢ntion in connection with the exAmination giving me cause to bcli¢vc'. accounting records wer¢ not kepl in respect of thc charity as required by se¢tion 386 of the 2006 Act. or the financial statements do not accord with those records, or the financial statements do not comply with the &ccountin8 r¢quiremenls of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered &8 part of an independent ¢xaininalion' or the financiAI statements have not been prepared in accordance with ihe methods and principles of the St8t¢m¢nt of R¢¢ommended Practice for accounting and reporting by ch8riti¢s applicable lo cliarities preparing their a¢eounts in accordance with the Financial R¢porting Standard applicable in Ihe UK and Republic of Ireland (FRS 102). I have no concerns And have come across no other matters in conn¢ction with the examination to which attention should be drawn in this report in order to enable a proper understanding of the ¢¢ounts to be reached. David Goldberg, FCA DChA New Burlington Hou5¢ 1075 Finchley Road London NWI I OPU 31 October 2024
IiLEXANDER SHTIEBEL C'ompAny.Limited.b.y_tiuarantee Statement of Fin&neial Activities (including income and expenditure aeeount) Period from l December 2022 to 31 Deeember 2023 Period from l Dec 22 to 31 D¢¢ 23 Unrestricted funds To¢1 fund8 Total thnds Year to 30 Nov 22 Note Income endowments Donations and legacies Oth¢r income 244,058 34,362 278.420 244.058 34,362 278,420 228,777 Tot&1 income 228,777 Expenditur¢ Expenditure on raising funds.. Costs of raising donations and legacies Expenditure on charitable activities Total expendliure 1,135 262,164 1.135 262.164 5,750 156,622 l62,372 263,299 263,299 Net ineome 4Dd ne¢ movement Ill fuDdJ 15,121 15,121 66,405 Reconeili&t14)n of fund8 Total funds brought forward Total fund$ Carrled forward 778,987 794,108 778,987 794,108 712,582 778,987 Th¢ statement of financial activities include5 all gains and losses recognised in the year. All income and expenditur¢ d¢riv¢ from continuin8 activitie$. The notts on p2g¢$ 6 to 12 form pirt of these financlal statellLnti.
ALEXANDER SHTIEBEL Compv4Dy Limited by Guarantee Statement of Financial P051tion 31 December 2023 31 Dec 23 30 Nov 22 NotE Fixed assets Tangible fixed ass¢ts Current A88ets Debtors Cash at bank and in hand 14 416,420 411,420 15 408,302 31.496 439,798 600 413.643 26,931 440,574 Creditors: amounts falllng due wlthln one yeAr Nel ¢urrent Sets 16 439,198 440,574 851,994 73,007 Total assets le48 curren¢ IIAbilitie 855,618 61,510 794,108 Cr¢dltor9: Amounts falllDg due after more th4n one year Net A88ets 17 778,987 Funds of the chArlty Unrestrict¢d funds 794,108 794,108 778.987 Total charity funds 18 778,987 For the perlod endin8 31 December 2023 the charity was entitled to exemption from audit under S¢¢lion 477 of the Companies Act 2006 rel&ting to small ¢ompanies, Directors, responsibilities: The members have not required the company to obtain an audit of its financial statem¢nts for the period in question in accordanc¢ with section 476; The direclors acknowledge their re$ponsibilitl¢s for complying with the requirements of the Act with respect to accounting r¢¢ords and the preparation of financial statements. These financial statements hav¢ been prepar¢d in accordance wilh the provisions applicable to companies 5ubje¢t to the small companies, regim¢. These fanCIal statements were approved by the board of trustccs and authoris¢d for issue on 31 Oct 24, And are signed on behalf of the board by.. Mr L Lipschlts Tru5t¢¢ The motes on pAges 6 to 12 form pwrt of thes• IlnantlAI stitsm¢nts.
ALEXANDER SHTIEBEL Company Limit¢(H)y. Guarantee- Note5 to the FinAneiAI St4tements Period from l December 2022 to 31 December 2023 General informatiott The charity is a public benefit entity and a private company limited by guaranlee, registered in England and Wales and a regist¢red charity in England and Wales. Th¢ address of the re8lStered office is New Burlington House. 1075 Finchley road, London, NWI I OPU. Statemellt of eomplianee These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard &pplic&bl¢ in the UK and the Republic of Ireland,. Ihe Ststement of Recommended Practice applicable to charities preparing their accounts in accordanc¢ with the FinanciAI R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting pollcles BASIS of preparAtion The financial stat¢ment$ hAve been prepared on the historical cost basi& as modified by the r¢valualion of certain financial asws and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are pr¢par¢d in st¢rlin8, which is the functional currency of the entity. Golng concern There are no material uncertainties about the charity's ability to continue as a going concern. Judgements and Iw sources ofestlm*tioD un¢ertalnty In the application of the Charity'5 8¢¢ountin8 policies. the Trustees are required to make judgements, estimates and assumptions about the Carrying amounts of assets and liabilities that are not readily apparent from other sour¢¢$. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimate$. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate 15 revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both ¢utT¢nt and fure periods. The Truslees do not consider there are any critical judgements or sources of estimation unoertaiiity requiring disclosure beyond the accountin8 policie5 listed below. Fund 4¢coun¢lng Unrestricted ndS are available for use at the discretion of ihe trustees to rther any of the charity's purposes. Designated funds are unrestricted funds earnlarked by the trustees for particular future proj¢¢t or commitsnent. Restricted fimds are subjected to restrictions on their expendithre declared by the donor or through the ternis of an app1, and fall into one of two sub-¢lasses.' restricted incom¢ funds or endowment funds.
ALEXANDER siifiEBEL Company Limited by Guarantee Notes to the Financial Statements (¢oniln¥e Period from l Deeember 2022 to 31 D¢¢¢mber 2023 A¢countiDg pollcies (continue Incoming resources All incoming resour¢¢s are included in the statement of financial activities when entitl¢ment has passed to the charity. it is probabl¢ that the economic b¢nefits associated with the transaction will flow to the charity and the Amount ¢an be reliably m¢8sured. The following specific policies are appli¢d to particular categories of income: income from donations or grants is recognised when ihere is evid¢n¢e of entitlement to thc gift, receipt is probabl¢ and its amount can be measured reliably. legacy income is recognised when receipt is probabl¢ and entitlement 1$ establish¢d. income from donated goods is measured at the fair value of the goods unl¢ss this is impra¢li¢&l to measur¢ reliably. in wl)ich case the value is derived from the cost io the donor or the estimated resale value. Donated facilili¢s and services ar¢ recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from ¢ontracts for the supply of services is reco8nised with the delivery of ihe contracted service. This is classified a5 unrestricted funds unless there is a contractual requirem¢nt for it to be spent on a particular purpose and returned if unspent, in which case it may b¢ r¢garded as resiriot¢d, Re8ourceg expended Expenditu is recognised on an accruals basis a$ a liability is incurred. Exp¢nditure includes any VAT which cannot be fully r¢wvered, and is classified under headings of the statement of financial a¢tivities to which il relates.. expenditure on raising funds includes th¢ costs of all fundraising activitie5, eY¢nts, non-charitable trading activities, And the sale of donated goods. expendilure on charitable activities includes all costs inourred by a charity irt undertaking activili¢s that further its charitable aims for the benefit of its beneficiari¢s. includiiig those support costs and costs relatin8 to the governance of the Charity apportioned to charitable activities. other expenditure includes all ¢xpendilure that is neither r¢l8ted to raising funds for the charity nor part of its expenditure on charitable activities. All cosls a allocated to expenditure categories fleetIng the use of the resovr¢¢. Direct costs attributable to a single activity are allocated dire¢tly to that aclivity. Shared costs are apportioned bettveen the activities they contribute to on a reasonabley justifiable and consistenl basis. Tanglble ets Tangible assels are initially recorded at cost, and subsequently stated at C05t less any accumulated depreciation and impairment losses. Any tangibl¢ assets Carried at revalued amounts ar¢ recorded al the fair value al the date of revaluation less any subsequent accumulated d¢preciation and subsequent accumulated impairnient losses.
ALEXANDER SHTIEBEL Company Limited by Guarantee Not to the Financial StAtements (conflwted) Period from l December 2022 to 31 December 2023 Accounting policies (eonflmied) TAngible assets (con¢) An increase in the carrying amount of an asset as a result of & revalualion. is recognised in other recognised gains Lnd losses, unless it reverses a charge for impainnent that has previously been r¢¢ognised a5 expenditure within the statement of financial activiti¢s. A decrease in the carrying amount of an asset as a result of revaluation, is recobmised in oth¢r Kcognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statem¢nt of financial activities. FlnaDclAI Injlruments A financial asset or a financial liability is re¢ogDised only when the entity becomes a party to the contractual provisions of th¢ instrument. BASIC fiTVdncial instruments are initially recognised at the amount receivable or payable including any related transaction ¢osts, unles5 th¢ arrangement constitutes a financing transaction, where it is recognised at the pres¢nt value of the future payments discounted &t a market rate of interest for a similar debt instrument. Current assets and current liabilities Are subseqLiently measured at th¢ cash or other consideration expected lo be paid or received and not discounted. Debi instruments are subsequently measured at amortis¢d ¢ost, Llmlted by guAr&nte¢ T11e charity is a c.ompAny limited by guftrk)nte¢ and has no shaK capital. The liability of each trustee in the event of winding up is limited to £1 O, Dollatlons and legaeies Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Donations Donations 244.058 244.058 224.777 224.777 Grnnts Grants receivable 4.000 228.777 4,000 228,777 244,058 244,058 Other iD¢ome Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Other incom¢ 34,362 34,362
ALEXAIYDER SHTIEBEL Company Limited by Guarantee Notes to the Finanelal Statements (nIned) Perlod from l December 2022 to 31 December 2023 Costs of raising dona¢lons and legacie8 UnTestricted Totxl Funds unrestrict Total Funds Funds 2023 Funds 2022 Costs of raising donations and l¢8acies Donations 1,135 1,135 5,750 5,750 xpendlture on chArit4ble V4etivitle8 by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Synagogue costs Support costs 261.564 600 261,564 600 156.622 156,622 262.164 262,164 156,622 156,622 Expendlture on charltsbl¢ aetlvllles by Actlvlty type Activities undertaken Orant funding directly of activities Support costs Total funds 2023 Total fund 2022 Synagogue costs Governance costs 246,693 14,871 261,564 600 156,622 600 246,693 14,871 600 262,164 156,622 10. ADalys18 of grAnts Perlod (rom ID22t0 Year to 31 De¢23 30Nov 22 Grnnts to In8titution# Grants to institutions 10,000 GrY&nts to Indlvldvalj Grants to individua15 l4,871 14,871 5,689 15,689 Total grants
ALEXANDER SHTIEBEL Company"Limited by"GuaranÉee- Notes to tbe Finvdncial Statements Period from l December 2022 to 31 December 2023 11. Independent examination fees Period from IDec22to Year to 31 Dec 23 30Nov 22 Fees payable to the independent examiner for.. Independent examination of the finanoial statements 600 12. Stsff costs The average head count of employees durin8 th¢ period was Nil (2022.. Nil). No employee received ¢mployee benefits of more than £60.000 during the year (2022: Nil), 13. Trustee remuDerAtlon and expenses The was no remuneration paid tn the truslees. The charity did not meet any individu81 expenses incurred by the tru$te¢s for services provided lo the oharity. 14. Tangible Ilxed a89ets Lon8 leasehold Sefer TorAh property Scroll Total Cost At l December 2022 Additions 381,240 5.000 30,180 411,420 5,000 416,420 A¢ 31 December 2023 386,240 30,180 Depreclailon At l December 2022 #nd 31 Decembcr 2023 Carrylng amount At 31 December 2023 386,240 381,240 30.180 30,180 416,420 411.420 At 30 November 2022 IS. Debtor8 31 Dec 23 30 Nov 22 Prepayments and accrn¢d incom¢ Oth¢r debtors 2.950 410,693 408.302 408.302 413.643 io
ALEXANDER SHTIEBEL CompaDy Llmited by Guarantee Note8 to the Fingneial Ststements (eondN¥ed) Perlod from l Deeember 2022 to 31 De¢¢mber 2023 16. Creditors: amounts fAlllng due iyithln one year 31 Dec 23 30 Nov 22 Accruals and deferred income 600 17. Credilorg: amounts fglling due after more thydn on¢ year 31 Dec 23 30 Nov 22 Bank loans and overdrafts Other ¢r¢ditors 35.660 25.850 61,510 41.657 31.350 73.007 18. Allaly818 of¢hArlthble fund Unres¢rlcted funds At l DeMber 2022 At 31 Deeember 2023 Income Expenditure Gen¢ral funds 778.987 278,420 (263.299) 794.108 At l D¢¢ember 2021 At 30 November 2022 Income Expendire General fiJnd$ 712,582 228,777 (162,372) 778,987
ALXANDER SHTIElllI L Company Limited by Guarantee Notes lo the Financial StatemeDtS (COne} Period from l December 2022 to 31 December 2023 19. ADalysis ofnet &et$ between funds Unrestricted Total Funds Funds 2023 Tangible fixed assets Current Assets Creditors l¢ss than l year Creditor5 greater than l y¢ar Net A88ets 416.420 439,798 (600) (61,510) 794,108 416.420 439,798 (600) (61,510) 794,108 Unrcstricted Total Funds Funds 2022 TBngible fixed assets Current assets cditorS less than l year Creditors grealer than l year Ne¢ assets 411,420 440,574 411,420 440,574 (73,007) 778,987 (73,007) 778,987 20. Related pArtles No Iransactions with related parties were undertaken Such as are required to be disclosed under rRSIO2. 12