## 

||Page||
|---|---|---|
|Reference and Administrafive<br>Details|||
|Report ofthe Trustees|2 to|3|
|Independent<br>Examiner's<br>Report|||
|Statement of Financial Activilies|||
|Balance Sheet|||
|Notes to the Financial Statements|7 to|15|
|Detailed Statement<br>of Financial<br>Activities|16 to|17|





## 

|TRUSTEES||AJacobs|||
|---|---|---|---|---|
|||LJacobs|||
|||D Lebens|||
|||M Sananes|||
|PRINCIPAL ADDRESS||The Synagogue|||
|||Highfield|Street||
|||Leicester|||
|||LE2 IAD|||
|REGISTERED CHARITY NUMBER||1179457|||
|INDEPENDENT|EXAMINER|TC Group|||
|||31 High View Close|||
|||Hamilton|Office Park||
|||Leicester|||
|||Leicestershire|||
|||LE4 9LJ|||
|BANKERS||Barclays Bank Pic|||
|||Leicester|||
|||LE87288|||
|||RBC Brewin||Dolphin|
|||1st Floor|||
|||Waterfront||House|
|||Waterfront||Plaza|
|||35Station|Street||
|||Nottingham|||
|||NG23DQ|||





## 



## 

||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestdicted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes||E|||
|INCOME AND ENDOWMENTS|||FROM||||||
|Donations|and legacies|||3|183,768||183,768|590,824|
|Charitable|activities|||5|||||
|Chaditable|activities||||4A20||4,420|12,529|
|Investment|income|||4|45A16||45,416|38,301|
|Total|||||233,604||233,604|641,654|
|EXPENDITURE ON|||||||||
|Charitable|activiRes||||||||
|Charitable|activities||||365,651||365,651|351,279|
|Net gains/(losses)<br>on investments|||||(73,459)||(73,459)|26,750|
|NET INCOME/(EXPENDITURE)|||||(205,506)||(205,506)|317,125|
|RECONCILIATION<br>OF FUNDS|||||||||
|Total funds|brought|forward|||3,218,139|29,947|3,248,086|2,930,961|
|TOTAL FUNDS CARRIED FORWARD|||||3,012,633|29,947|3,042,580|3,248,086|





## 

|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes||E|E||
|FIXED ASSETS||||||
|Tangible assets|11|1.508,072||1.508,072|1,502,533|
|Investments|12|1,408,802||1.408,802|1,537,683|
|||2,916,874||2,916,874|3,040,2I6|
|CURRENT ASSETS||||||
|Debtors|13|60,365||60,365|13,852|
|Cash at bank||45,575|29,947|75,522|202,056|
|||105,940|29,947|135,887|215,908|
|CREDITORS||||||
|Amounts<br>falling due within one year|14|(10.181)||(10,181)|(8,038)|
|NET CURRENT ASSETS||95,759|29,947|125,706|207,870|
|TOTAL ASSETS LESSCURRENT LIABILITIES||3,012,633|29,947|3,042,580|3,248,086|
|NET ASSETS||3,012.633|29,947|3,042,580|3,248,086|
|FUNDS|15|||||
|Unrestricted<br>funds||||3,012,633|3,218,139|
|Restricted<br>funds||||29,947|29,947|
|TOTAL FUNDS||||3,042,580|3.248,086|






## 

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## 



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## 



## 

## 

## 

|DONATIONS|AND LEGACIES|||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||F.||
|Donations||||67,076|40,966|
|Gift aid||||9,803|6,637|
|Legacies||||81,115|508,842|
|Membership|fees|||23,872|33,576|
|Educational|visits|||1,902|803|
|||||183,768|590,824|
|INVESTMENT|INCOME|||||
|||||2023|2022|
|||||E||
|Income from|listed investments|||45,414|38,298|
|Interest receivable||||2|3|
|||||45,416|38,301|
|INCOME FROM CHARITABLE ACTIVITIES||||||
|||||2023|2022|
|||Activity||||
|8udial charges||Chaiitable|activities|3,355|6,891|
|Festivals and|functions|Chaditable|activities|537|358|
|Misc income||Chaditable|activities|528|1,178|
|Job retention|scheme|Chaiitable|activities||4,102|
|||||4,420|12,529|





## 

## 

## 

||||||BuBal|Synagogu|Teachin|Ministerial|Commu|Other|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||costs|ecosts|g costs|casts|n-ication|costs|2023|2022|
|||||||8||B|||||
||Staff costs|||||90,872||45,436|||136,308|111,901|
||Depreciation|||||||||34.052|34,052|69,987|
||Buffials||||8,418||||||8,418|12,825|
||Insurance|||||14,621|||||14,621|12,775|
||Light. heat 8, utilities|||||15,760|||||15,760|11,005|
||Repairs 8,|renewals||||2,395|||||2,395|6,630|
||Cleaning|&|cleaning||||||||||
||supplies|||||5,313|||||5,313|4,302|
||Teaching|staff||8,|||||||||
||expenses||||||||||||
||Relief 8,assistant||||||||||||
||ministers|||||||2,940|||2,940|1.616|
||Ivlinisten expenses|||||||24,810|||24,810|23,577|
||PPS 8,phone||||||||5,594||5,594|2,997|
||Mrs Pink|||||||||I1,520|11.520|11,320|
||Audit|||||||||||960|
||Accountancy|||8|||||||||
||examination||fees|||||||6,062|6.062|1.716|
||Professional||fees|||||||33,910|33.910|935|
||Sundry|||||||||12,807|12.807|13,443|
||Bad debts|||||||||(1,263)|(1,263I|500|
||Festival expenses|||||||||5,705|5,705|2,893|
||Curtains for Shul|||||||||||6,543|
||Sharing Jewish||||||||||||
||Heritage|||||||||33.559|33,559|40,073|
||Luncheon|club||||||||||262|
||Investment||||||||||||
||management|||fees||||||10,740|10,740|12,619|
||||||8,418|128,961|2.400|73.186|5.594|147.092|365.651|351.279|
||Analysis by fund||||||||||||
||Unresiricted||funds||8418|128.961|2.400|73,186|5,594|147,092|365.651|351.279|
||Restricted|funds|||||||||||
||||||8,418|128,961|2,400|73,186|5,594|147,092|365,651|351,279|
|7.|SUPPORT|COSTS|||||||||||
|||||||||||Governance|||
||||||||||Finance|costs||Totals|
||||||||||E|E|||
||Charitable||activities||||||10,740|6.062||16,802|





## 

## 

## 

## 

||||||||||
|---|---|---|---|---|---|---|---|---|
|9,|STAFF COSTS||||||||
||||||||2023|2022|
||||||||E||
||Wages and salaries||||||138,131|114,956|
||Social security costs||||||5,477|4,321|
||Other pension costs||||||4,220|3,944|
||||||||147,828|123,221|
||The average<br>monthly|number|ofemployees||duriing|the year was as follows:|||
||||||||2023|2022|
||Employees||||||7|9|
||No employees<br>received emoluments|||in excess of860,000.|||||
|10.|COMPARATIVES<br>FOR THE STATEMENT|||OF FINANCIAL||ACTIVITIES|||
|||||||Unrestricted|Restricted|Total|
|||||||fund|funds|funds|
|||||||E||E|
||INCOME AND ENDOWMENTS||FROM||||||
||Donations and legacies|||||590,824||590,824|
||Charitable<br>actlvlBes||||||||
||Charitable<br>activities|||||12,529||12,529|
||Investment<br>income|||||38,301||38,301|
||Total|||||641,654||641,654|
||EXPENDITURE ON||||||||
||Charitable<br>activIRes||||||||
||Charitable<br>activities|||||351,279||351,279|
||Net gains on investments|||||26,750||26,750|
||NET INCOME|||||317,125||317,125|
||Transfers between<br>funds|||||3,500|(3,500)||
||Net movement<br>in funds|||||320,625|(3,500)|317,125|
||RECONCILIATION<br>OF FUNDS||||||||
||Total funds brought<br>forward|||||2,897,514|33,447|2,930,961|





||||NOTES TO THE FINANCIAL|NOTES TO THE FINANCIAL|STATEMENTS - conBnued|STATEMENTS - conBnued|STATEMENTS - conBnued|||
|---|---|---|---|---|---|---|---|---|---|
||||For The Year|Ended||28 February|2023|||
|10.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES - continued||||
||||||||Unrestricted|Restricted|Total|
||||||||fund|funds|funds|
||TOTAL FUNDS CARRIED||FORWARD||||3,218,139|29,947|3,248.086|
|11.|TANGIBLE FIXED ASSETS|||||||||
||||||||Fixtures|||
||||Freehold|Plant and|||and|Computer||
||||property|machinery|||fittings|equipment|Totals|
||||E||||E|5||
||COST|||||||||
||At I March 2022||1,544,357|||53,609|63,644|10,419|1,672,029|
||Additions||31,080||||8,512||39,592|
||At 28 February 2023||1,575,437|||53,609|72,156|10,419|1,711,621|
||DEPRECIATION|||||||||
||At I March 2022||95,837||53,609||9,631|10,419|169,496|
||Charge foryear||31,020||||3,033||34,053|
||At 28 February 2023||126,857||53,609||12,664|10,419|203,549|
||NET BOOK VALUE|||||||||
||At 28 February 2023||1,448,580||||59,492||1,508.072|
||At 28 February 2022||1,448,520||||54,013||1,502,533|
|12.|FIXED ASSET INVESTMENTS|||||||||
||||||||||Listed|
||||||||||investments|
||MARKET VALUE|||||||||
||At I March 2022||||||||1,537,683|
||Additions||||||||235,128|
||Disposals||||||||(264,610)|
||Revaluations||||||||(99.399I|
||At 28February 2023||||||||1,408,802|
||NET BOOK VALUE|||||||||
||At 28 February 2023||||||||1,408,802|
||At 28 February 2022||||||||1,537,683|





## 

## 

## 

||Cost or va|lu|ation<br>at|2|8February 2023 is represented<br>by:||||
|---|---|---|---|---|---|---|---|---|
|||||||||I isted|
|||||||||investments|
||Valuation|in|2020|||||4,327|
||Valuation|in|2021|||||57,290|
||Valuation|in|2022|||||4,431|
||Valuation|in|2023|||||(119,798)|
||Cost|||||||1,462,552|
|||||||||1.408,802|
|13.|DEBTORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
||||||||2023|2022|
||||||||E|E|
||Trade debtors||||||4,179|8.613|
||Other debtors||||||56,186|5,239|
||||||||60,365|13,852|
|14.|CREDITORS:||AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||||2023|2022|
||||||||E|E|
||Trade creditors||||||2,930|4,834|
||Taxation and social|||security|||3,470|1,404|
||Other creditors||||||3,781|1,800|
||||||||10,181|8,038|
|15.|MOVEMENT||IN FUNDS||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.3.22|in funds|28.2.23|
|||||||||K|
||Unrestricted||funds||||||
||General fund|||||3,218,139|(205,506)|3,012,633|
||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|
||Maurice<br>Sirkin fund|||||8,700||8,700|
|||||||29,947||29,947|
||TOTAL FUNDS|||||3,248,086|(205,506)|3.042,580|





## 

## 

|Net movement|in fund|s, inclu|ded<br>in the a|bove are as follow|s:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||E|E|E||
|Unrestricted<br>funds||||||||
|General<br>fund||||233,604|(365,651)|(73,459)|(205.506)|
|TOTAL FUNDS||||233,604|(365,651)|(73,459)|(205,506)|
|Comparatlves|for movement||In funds|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.3.21|in funds|funds|28.2.22|
|UnresMcted<br>funds||||||||
|General fund||||2,897,514|317,125|3,500|3,218,139|
|Restricted funds||||||||
|Relief fund||||4,957|||4,957|
|Memodal<br>fund||||10,948|||10,948|
|Cemetery<br>restoration||fund||3,307|||3,307|
|Community<br>chest||||2,035|||2,035|
|Heritage grant|for Shul|Dome||3,500||(3,500)||
|Maurice<br>Sirkin|fund|||8,700|||8,700|
|||||33,447||(3,500)|29,947|
|TOTAL FUNDS||||2,930,961|317,125||3,248,086|



|Comparative<br>net movement<br>in|funds, included<br>in the abov|e are as follows:|||
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
|Unrestricted<br>funds|||||
|General fund|641,654|(351,279)|26,750|317,125|
|TOTAL FUNDS|641,654|(351,279)|26,750|317,125|





## 



|||2023|2022|
|---|---|---|---|
|||E||
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Donations||67,076|40,966|
|Gift aid||9,803|6,637|
|Legacies||81,115|508,842|
|Membership<br>fees||23,872|33,576|
|Educational<br>visits||1,902|803|
|||183,768|590,824|
|Investment<br>Income||||
|Income from listed investments||45,414|38,298|
|Interest receivable||2|3|
|||45,416|38,301|
|Charitable<br>activlBes||||
|Burial charges||3,355|6,891|
|Festivals and functions||537|358|
|Misc income||528|1,178|
|Job retention scheme|||4,102|
|||4,420|12,529|
|Total incoming resources||233.604|641,654|
|EXPENDITURE||||
|Charitable<br>activities||||
|Wages||138,131|114,956|
|Social security||5,477|4,321|
|Pensions||4,220|3,944|
|Bad debts||(1,263)|500|
|Curtains|||6,543|
|Light, heat and utilities||15,760|11,005|
|Insurance||14,621|12,775|
|Postage and stationery||5,594|2,997|
|Sundries||12,807|13,443|
|Burials||8,418|12,825|
|Repairs and renewals||2,395|6,630|
|Cleaning<br>and cleaning|supplies|5,313|4,302|
|Teaching staff and expenses||2,400|2,400|
|Professional fees||33,910|935|
|Relief 3,assistant<br>ministers||2,940|1,616|
|Ministers expenses||24,810|23,577|
|Festival expenses||5,705|2,893|
|Sharing Jewish Heritage||33,559|40,073|
|Luncheon<br>club|||262|
|Carried forward||314,797|265,997|





## 

||||2023|2022|
|---|---|---|---|---|
|||||E|
|Charitable<br>activities|||||
|Brought forward|||314,797|265,997|
|Depreciation<br>of assets|||34,052|69,987|
||||348,849|335,984|
|Support costs|||||
|Finance|||||
|Investment<br>management||fees|10,740|12,619|
|Governance<br>costs|||||
|Auditors'<br>remuneration||||960|
|Accountancy<br>and legal||fees|6,062|1,716|
||||6,062|2,676|
|Total resources expended|||365,651|351,279|
|Net (expenditure)/income||before gains and|||
|losses|||(132,047)|290,375|
|Realised recognised gains||and losses|||
|Realised gains/(losses)|on|fixed asset|||
|investments|||25,940|22,319|
|Net (expenditure)/income|||(106,107)|312,694|