| Page | ||
|---|---|---|
| Reference and Administrative Details |
||
| Report ofthe Trustees | 2to3 | |
| Independent Examiner's Report |
||
| Statement of Financial Activities | ||
| Balance Sheet | ||
| Notes to the Financial Statements | 7 lo | 15 |
| Detailed Statement of Financial Activities |
16 lo | 17 |
| TRUSTEES | LJacobs | ||
|---|---|---|---|
| D Lebens | |||
| A Jacobs | |||
| M Sananes | |||
| PRINCIPAL ADDRESS | The Synagogue | ||
| Highfield Street |
|||
| Leicester | |||
| LE2 IAD | |||
| REGISTERED CHARITY NUMBER | 1179457 | ||
| INDEPENDENT | EXAMINER | Fortus Midlands | Limited |
| 31 High View Close | |||
| Hamilton Office |
Park | ||
| Leicester | |||
| Leicestershire | |||
| LE4 9LJ | |||
| BANKERS | Barclays Bank Pic | ||
| Leicester | |||
| LE87 2BB | |||
| Brewin Dolphin | |||
| 9Colmore Row |
|||
| Birmingham | |||
| B32BJ |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | E | E | E | ||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 590,824 | 590,824 | 691,980 | |||
| Charitable | activities | ||||||
| Charitable | activities | 12,529 | 12,529 | 473,149 | |||
| Investment | income | 4 | 38,301 | 38.301 | 25,365 | ||
| Total | 641,654 | 641,654 | 1,190,494 | ||||
| EXPENDITURE ON | |||||||
| Charitable | activities | 6 | |||||
| Charitable | activities | 351,279 | 351,279 | 265,31 I | |||
| Net gains | on investments | 26,750 | 26,750 | 79,426 | |||
| NET INCOME | 317,125 | 317,125 | 1,004,609 | ||||
| Transfers between funds |
15 | 3,500 | (3,500) | ||||
| Net movement in funds |
320,625 | (3,500) | 317,125 | 1,004,609 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds | brought forward |
2,897,514 | 33,447 | 2,930,961 | 1,926,352 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,218,139 | 29,947 | 3,248,086 | 2,930,961 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | 8 | 8 | ||||
| FIXED ASSETS | ||||||
| Tangible assets | 11 | 1,502,533 | 1.502,533 | 1,572,520 | ||
| Investments | 12 | 1,537,683 | 1,537,683 | 1,132,666 | ||
| 3,040,216 | 3,040,216 | 2,705,186 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 13 | 13,852 | 13,852 | 58,373 | ||
| Cash at bank | 172,109 | 29,947 | 202,056 | 179,555 | ||
| 185,961 | 29,947 | 215,908 | 237,928 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
14 | (8,038) | (8,038) | (12,153) | ||
| NET CURRENT | ASSETS | 177,923 | 29.947 | 207,870 | 225,775 | |
| TOTAL ASSETS | LESS CURRENT LIABILITIES | 3,218,139 | 29,947 | 3,248,086 | 2,930,961 | |
| NET ASSETS | 3,218,139 | 29,947 | 3,248,086 | 2,930,961 | ||
| FUNDS | 15 | |||||
| Unrestricted funds |
3,218,139 | 2,897,514 | ||||
| Restricted funds |
29,947 | 33,447 | ||||
| TOTAL FUNDS | 3,248,086 | 2,930,961 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| E | ||||||
| Donations | 40,966 | 42,382 | ||||
| Gift aid | 6,637 | 13,938 | ||||
| Legacies | 508,842 | 599,934 | ||||
| Membership | fees | 33,576 | 35,726 | |||
| Educational | visits | 803 | ||||
| 590,824 | 69],980 | |||||
| INVESTMENT INCOME | ||||||
| 2022 | 2021 | |||||
| E | ||||||
| Income from | listed investments | 38,298 | 25,258 | |||
| Interest receivable | 3 | 107 | ||||
| 38,301 | 25,365 | |||||
| INCOME FROM CHARITABLE | ACTIVITIES | |||||
| 2022 | 2021 | |||||
| Activity | E | E | ||||
| Grants + VAT | refunds | Charitable | activities | 408.432 | ||
| Burial charges | Charitable | activities | 6,891 | 3,730 | ||
| Festivals and | functions | Charitable | activities | 358 | 170 | |
| Misc income | Charitable | activities | 1,178 | 12.439 | ||
| Insurance claim |
Chariitable | activities | 39,132 | |||
| Job retention | scheme | Choritable | activities | 4,102 | 9,246 | |
| 12,529 | 473,149 |
| Buffial | Synagogu | Teachin | Ministeffial | Commu | Other | Total | Total | ||
|---|---|---|---|---|---|---|---|---|---|
| costs 5 |
ecosts 8 |
g costs f. |
costs 8 |
n-ication f, |
costs 8 |
2022 f. |
2021 8 |
||
| Staff costs | 74,601 | 37,300 | 111,901 | 119,789 | |||||
| Depreciation | 69.987 | 69,987 | 20,022 | ||||||
| Burials | 12,825 | 12.825 | 5,540 | ||||||
| Insurance | 12,775 | 12,775 | 10.446 | ||||||
| Light, heat 8, utilities | 11,005 | 11,005 | 2,546 | ||||||
| Repairs fs renewals |
6,630 | 6,630 | 10,531 | ||||||
| Cleaning 8,cleaning |
|||||||||
| supplies | 4,302 | 4,302 | 2,260 | ||||||
| Teaching staff 8, | |||||||||
| expenses | 2,400 | 2,400 | |||||||
| Relief 8,assistant | |||||||||
| ministers | 1,616 | 1,616 | 1.336 | ||||||
| Ministers expenses | 23,577 | 23,577 | 17.361 | ||||||
| PPS8phone | 2,997 | 2,997 | 4,175 | ||||||
| Ma Pink | 11,320 | 11,320 | 11.248 | ||||||
| Audit | 960 | 960 | 3.840 | ||||||
| Non audit services | 1,800 | ||||||||
| Professional fees |
2,651 | 2,651 | 28,446 | ||||||
| Sundry | 13,443 | 13,443 | 13,766 | ||||||
| Bad debts | 500 | 500 | |||||||
| Festival expenses | 2,893 | 2,893 | 1,778 | ||||||
| Curtains for Shul |
6,543 | 6,543 | |||||||
| Shaffing Jewish | |||||||||
| Heritage | 40,073 | 40,073 | |||||||
| Luncheon club |
262 | 262 | |||||||
| Investment | |||||||||
| management fees |
12.619 | 12.619 | 8.027 | ||||||
| 12,825 | 115,856 | 42,473 | 62.493 | 2,997 | 114,635 | 351.279 | 265,311 | ||
| Analysis by fund | |||||||||
| Unrestricted funds |
12,825 | 115,856 | 42,473 | 62,493 | 2,997 | 114,635 | 351,279 | 265,311 | |
| Restricted funds | |||||||||
| 12,825 | 115,856 | 42,473 | 62,493 | 2,997 | 114,635 | 351,279 | 265,311 | ||
| 7. | SUPPORT COSTS | ||||||||
| Governance | |||||||||
| Finance | costs | Totals | |||||||
| E | |||||||||
| Charitable activities |
12,619 | 2,6 | 76 | 15,295 |
| Governance | ||
|---|---|---|
| Finance | costs | Totals |
| E | ||
| 12,619 | 2,676 | 15,295 |
| STAFF | COSTS | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | |||
| Wages | and salaries | 114,956 | 118,817 |
| Social | security costs | 4,321 | 8,383 |
| Other | pension costs | 3,944 | 3.837 |
| 123,221 | 131,037 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Employees | 9 | 8 | ||||
| No employees received emoluments |
in excess of | E60,000. | ||||
| COMPARATIVES FOR THE STATEMENT |
OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||||
| fund | funds | funds | ||||
| E | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
690,931 | 1,049 | 691,980 | |||
| CharItable activities |
||||||
| Charitable activities |
64,717 | 408,432 | 473,149 | |||
| Investment income |
25,365 | 25,365 | ||||
| Total | 781,013 | 409,481 | 1,190,494 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Charitable activities |
265,311 | 265,311 | ||||
| Net gains on investments | 79,426 | 79,426 | ||||
| NET INCOME | 595,128 | 409,481 | 1,004,609 | |||
| Transfers between funds |
409,481 | (409,481) | ||||
| Net movement in funds |
1,004,609 | 1,004,609 | ||||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 1,892,905 | 33,447 | 1,926,352 |
| 10. | COMPARATIVES | FOR THE | STATEMENT OF FINANCIAL | STATEMENT OF FINANCIAL | STATEMENT OF FINANCIAL | ACTIVITIES | - continued | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestyicted | Restricted | Total | ||||||||
| fund | funds | funds | ||||||||
| S | 5 | |||||||||
| TOTAL FUNDS CARRIED FORWARD | 2,897,514 | 33,447 | 2,930,961 | |||||||
| 11. | TANGIBLE FIXED | ASSETS | ||||||||
| Fixtures | ||||||||||
| Freehold | Plant | and | and | Computer | ||||||
| property | machinery | fittings | equipment | Totals | ||||||
| E | E | |||||||||
| COST | ||||||||||
| At 1 March 2021 |
and | |||||||||
| 28 February 2022 | 1,544,357 | 53,609 | 63,644 | 10,419 | 1,672,029 | |||||
| DEPRECIATION | ||||||||||
| At 1 March 2021 |
30,584 | 53,608 | 7,770 | 7,547 | 99.509 | |||||
| Charge for year | 65.253 | I | 1,861 | 2,872 | 69,987 | |||||
| At 28 February | 2022 | 95,837 | 53,609 | 9,631 | 10,419 | 169496 | ||||
| NET BOOK VALUE | ||||||||||
| At 28 February | 2022 | 1,448,520 | 54,013 | 1,502,533 | ||||||
| At 28 February | 2021 | 1,513,773 | 55,874 | 2,872 | 1,572,520 | |||||
| 12. | FIXED ASSET INVESTMENTS | |||||||||
| Listed | ||||||||||
| investments | ||||||||||
| E | ||||||||||
| MARKET VALUE | ||||||||||
| At 1 March 2021 |
1.132,666 | |||||||||
| Additions | 470,550 | |||||||||
| Disposals | (69,964) | |||||||||
| Revaluations | 4,431 | |||||||||
| At 28 February | 2022 | 1,537,683 | ||||||||
| NET BOOK VALUE | ||||||||||
| At 28 February | 2022 | 1,537,683 | ||||||||
| At 28 February | 2021 | 1,132,666 | ||||||||
| There were no | investment | assets | outside the UK. |
| Cost or v | aluation at |
2 | 8 February 2022 |
is represented by: |
||||
|---|---|---|---|---|---|---|---|---|
| Listed | ||||||||
| investments | ||||||||
| Valuation | in 2020 | 4,327 | ||||||
| Valuation | in 2021 | 57,290 | ||||||
| Valuation | in 2022 | 4,431 | ||||||
| Cost | 1,471,635 | |||||||
| 1,537,683 | ||||||||
| 13. | DEBTORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | |||||||
| 8 | ||||||||
| Trade debtors | 8.613 | 8,676 | ||||||
| Other debtors | 5,239 | 49,697 | ||||||
| 13,852 | 58,373 | |||||||
| 14. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 2022 | 2021 | |||||||
| 5 | ||||||||
| Payments | on account | 4,221 | ||||||
| Trade creditors | 4,834 | |||||||
| Taxation | and social | security | 1,404 | 2,292 | ||||
| Other creditors | 1,800 | 5,640 | ||||||
| 8,038 | 12,153 | |||||||
| 15. | MOVEMENT IN FUNDS |
|||||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1.3.21 | in funds | funds | 28.2.22 | |||||
| S | ||||||||
| Unrestricted funds |
||||||||
| General | fund | 2,897,514 | 317,125 | 3,500 | 3,218,139 | |||
| Restricted | funds | |||||||
| Relief fund | 4,957 | 4,957 | ||||||
| Memorial | fund | 10,948 | 10.948 | |||||
| Cemetery restoration |
fund | 3,307 | 3,307 | |||||
| Community chest |
2,035 | 2,035 | ||||||
| Hedtage | grant for Shul | Dome | 3,500 | (3,500) | ||||
| Maurice | Sirkin fund | 8,700 | 8,700 | |||||
| 33,447 | (3,500) | 29,947 | ||||||
| TOTAL FUNDS | 2,930.961 | 317.125 | 3,248,086 |
| Net mov | ement in funds, incl |
uded in th |
e above are as | e above are as | follows: | ||
|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| E | 5 | E | |||||
| Unrestricted funds |
|||||||
| General | fund | 641,654 | (351,279) | 26,750 | 317,125 | ||
| TOTAL FUNDS | 641,654 | (351,279) | 26.750 | 317,125 | |||
| Comparatives for movement |
In funds | ||||||
| Net | Transfers | ||||||
| At | movement | between | At | ||||
| 29.2.20 | in funds | funds | 28.2.21 | ||||
| 5 | 8 | 5 | |||||
| Unrestricted funds |
|||||||
| General | fund | 1,892,905 | 595,128 | 409,481 | 2,897,514 | ||
| Restricted | funds | ||||||
| General | fund | 24,747 | 409,481 | (409,481) | 24,747 | ||
| Designated | 8,700 | 8,700 | |||||
| 33,447 | 409,481 | (409,481) | 33,447 | ||||
| TOTAL FUNDS | 1,926,352 | 1,004,609 | 2,930,961 | ||||
| Comparative net movement |
in funds. | included | in the | above are as follows: | |||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| E | 5 | 5 | 5 | ||||
| Unrestricted funds |
|||||||
| General | fund | 781,013 | (265,311) | 79,426 | 595,128 | ||
| Restricted | funds | ||||||
| General | fund | 409,481 | 409,481 | ||||
| TOTAL FUNDS | 1,190,494 | (265,311) | 79,426 | 1,004,609 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | 5 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 40,966 | 42,382 | |
| Gift aid | 6,637 | 13,938 | |
| Legacies | 508,842 | 599,934 | |
| Membership fees |
33,576 | 35,726 | |
| Educational visits |
803 | ||
| 590,824 | 691,980 | ||
| Investment income |
|||
| Income from listed investments | 38,298 | 25,258 | |
| Interest receivable | 3 | 107 | |
| 38,301 | 25,365 | ||
| Charitable activities |
|||
| Grants + VAT refunds | 408,432 | ||
| Budal charges | 6,891 | 3,730 | |
| Festivals and functions | 358 | 170 | |
| Misc income | 1,178 | 12,439 | |
| Insurance claim |
39,132 | ||
| Job retention scheme | 4,102 | 9.246 | |
| 12,529 | 473,149 | ||
| Total incoming resources |
641,654 | 1,190,494 | |
| EXPENDITVRE | |||
| Charitable activities |
|||
| Wages | 114,956 | 118,817 | |
| Social secudty | 4,321 | 8,383 | |
| Pensions | 3,944 | 3.837 | |
| Bad debts | 500 | ||
| Curtains | 6,543 | ||
| Light, heat and utilities | 11,005 | 2,546 | |
| Insurance | 12,775 | 10,446 | |
| Postage and stationery | 2,997 | 4,175 | |
| Sundries | 13,443 | 13,766 | |
| BuHals | 12,825 | 5,540 | |
| Repairs and renewals | 6,630 | 10,531 | |
| Cleaning and cleaning |
supplies | 4,302 | 2,260 |
| Teaching staff and expenses |
2,400 | 2,400 | |
| Professional fees |
935 | 27,746 | |
| Relief 8, assistant ministers |
1,616 | 1,336 | |
| Ministers expenses | 23,577 | 17,361 | |
| Festival expenses | 2,893 | 1,778 | |
| Canied forward | 225,662 | 230,922 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| CharRable activities |
||||||
| Brought forward | 225,662 | 230,922 | ||||
| Sharing Jewish I-ledtage | 40,073 | |||||
| Luncheon club |
262 | |||||
| Depreciation of assets |
69,987 | 20,022 | ||||
| 335,984 | 250,944 | |||||
| Support costs | ||||||
| Finance | ||||||
| Investment management |
fees | 12,619 | 8,027 | |||
| Governance costs |
||||||
| Auditors' remuneration |
960 | 3,840 | ||||
| Auditors' remuneration |
for non audit work | 1,800 | ||||
| Accountancy and |
legal fees | 1,716 | 700 | |||
| 2,676 | 6,340 | |||||
| Total resources expended | 351,279 | 265,311 | ||||
| Net income before | gains | and losses | 290.375 | 925,183 | ||
| Realised recognised | gains | and losses | ||||
| Realised gains/(losses) | on fixed asset | |||||
| investments | 22,319 | 22,136 | ||||
| Net income | 312,694 | 947,319 |