REGISTE*ED CHARITY NUMBER: 1179457 REPORT OF THE TRUSTEES AND UNAVDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEbRUARY 2024 FOR IEICESTER HEBREW CONGREGATION
LEICESTER HEBREW CONGREGAIION CONTENIS 01 THE IINANCIAI STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2024 Page Relevee and Admknlslratlve DetaNs R•port olth• Trus1••5 Independent Èxomlnerfi Report stalement of Flnanclal Aclfvllles Balance Sheel Note$ to the Flnoncbl Stolements 7 10 15 Delalled Slalement ol Flnunclal Aelkvilies 16 *0 17
LEICESTER HEIREW CONGRfGATION REFERENCE AND ADMINISTRATIVE DETAILS FOR IHE YEAR ENDED 28 FEBRUARY 2024 TRVSTEES A Jacobs L Jacobs D Leb¢rt5 Sanas PRINCIPAL ADDRESS The Synagogue Highfie Street Leicester LE2 IAD REGISIERED CHARITY NUPABER 1179457 INDEPENDENT EXAMINER TC Group 31 High Wiew Close Homilton Ollice Pork Leicester Leicestershire LE4 9LJ BANKERS Barclays Bank PIC Leicester LE87 2BB RBC Brewn Dolphin I sl Floor Walerfront HOL Walerfronl Plaza 35 Station Streel Nollingham NG23DQ Page I
LEICESTER HEBREW CONGREGATION REPORT OF INE TRUSTEES FOR IHÉ YEAR ENDED 28 FEBRUARY 2024 The trUee5 present their report ¥th the finaneiol sfoterrents of the chority for the yeor endèd 28 Febwory 2024. The Irustees have adopted the provisions of Accountwig end Reporting by Charities.. statement ol Recomrnend¢d Pioctre oppficgble to chorilies preparing their accounts in occordance wth the Finonciol Reporting Stondord appIable in Ihe UK arKJ Republic of Irekjnd IFRS 1021 (effective l Jonuory 20191. OBJECTIVES AND ACTIVITIES Objectfves und alm$ It5 object5 are lo provde lor the refigious welfare of the Ja7$h community in the orèo of LÈic8Stèr. os sel out in the Governing Document. Ihe Iruslees hove paid due regord to guidonce issued by the Charity Commission in deciding what activities the charity should vndertake. Publi¢ benefft The Truslees confirm that they hove compled wlh Ihe duty in Section 4 01 the Chorities Act 2011 to have due regard lo the Charify Cornmission'5 generol guidance on public benefit and the specific guidonce relating lo bodies lor the odvancement of reb9ion ond educotion. The Congregation canies out o wide Tange ol aclNilies in pursuonce of Ils charitate airn. Ihe Iruslee5 consider that these acliYili85. provKle benefit both lo those who worship al otK Synagogue and the wder community in the East Midlond5. FINANCIAL REVIEW Flnanclal revlew Ihe Itustees report5 an overall deffcit of £174,520 compared to an overall deliclt of £205.506 in 2023. This is considered to be in line with thg monaggment comrnillee's expeclolions. One off expenditure in relation lo the Heritogè Lottery Project hos been expensed wfr4bt expendibJre in relolion to planning building matter5 ond reloled piolessionol lees hove been ¢apitalised. The risks which impacl on the Synagogue and 115 congregation have been identified by the trv5tee5. The oreo5 ol risk comprise govemonce. operationol. finonciol. legal and Tegvlalory. Ihese conlsnue lo be monitored by the Iruslees on a regular bosis. Releryes pollcy is the pofi¢y of the 5ynugo9ue to rrKJintain fund5. which are the free reservw ol the synagogue, lo provide 5vlfjcienl funds lo cover manogemenl ond oclmini51ralion and support C95t5. Thg ie5ervg 15 sel at a Sum equivalent lo two years expÈndilure to allow Sufflent time for the synogogue to close down its actiwties in on OTdety fashion should il become necessary due lo the shrinking community. Going loard the level ol ¥eserves lor budgeting purposes therefore sol to be a ryynimum of £300,CK)O lo be reviewed annualty. The Boord règUlaV review their totol reserves ond olk)cale funds lor the future pgllod a5 they See fil. The tscluol reseFve¥ of £1.364.11512023.' £1,504,5611 ol the Ye end means that the synagogue hos exce55 fLJnds to use for ils choriloble purposes. Howevet. some of Ihe58 reserve5 aTe eormorked loi further repair5 ond improvements to the property currenlty in pro9ress and so the trustees will review Ihe siluolion once the progromme ol works is complete. UTURE PLANS The Iruslee'5 pbns for the future will continue to maintoin and build UF)on the religiou5 welfor¢ ol the Jewsh community in the areo of Leicester, inclvding rnaking the community's heritage avoable lo a wider audience through the 'Sharing Jewish Heriloge in Leiceslerf project. STRVCTVRE. GOVERNANCE AND MANAGEMENI Goveinlng document The charity is cOntrold by Ils goveming document. a deed of tWSt and conslilules an unincorpcraled charity. Poge 2
LEICESIER HEBREW CONGREGATION REPORT OF THE IRUSTEES FOR THE YEAR ENDED 28 FEbRVARY 2024 The Leicester Hebrew Congregation wos establshed in 1874. The Constitution, adopted on 10th Junè 2018 is the lomal governing docvmenl in place lor the Synogogue. The financial glolemenls hove been prepored in accordance with lh¢ o¢counling polcies sel out in nol I lo the finonciol statements ond compty Wh the charit5 Acl 2011 and" Accounting and Reporting by Charities: statemenl of Recommended Practice applicab lo chotitie5 preparing their occovnts in occordonce with the Financial Reporfing Slandord applicable in the UK ond Republic of Ireloné IFRS 1021 las amended for accovnling periods commencing from l JOnLry 20191. Slructyr•. govgmun¢? onql manugement The trustees and manogemenl commitlee who Served during Ihe yeor ond up to the dole ol 5ignotvre ol Ihe finonci¢l 51olemenls were.. S Cohen IDied 28 Juty 20231 l GIrbe[g A Jocobs (Trusleel L Jactsb5 ttru5teel D Lebens trru5teel Amay Dmay A Nelson C Reggel M Sanones (Tnjsteel I SirYK)rnS The Trustees ore elected by Ihe merrbers ol the congregation for o the year lerm and may seek reélection for ts sectsnd ¢on5ecvlive lerm. The mernbers of the monagemenl committee are elected by the members of Ihe congreoalion lo serve lor o lemi of one year and moy seek re-gleclion thereotter. The Synagogue is orgonised Operational on a day-ltrdoy bg5is by members of the monagernenl committee ond volunteers to whom fhis responsibility is delegated by the Iruslees. Approv8d by order of the boord of Irustees on 9 August 2024 ond signed on ils behaff by. A Jocobs- ste& Poge 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEICE57ER HEBREW CONGREGATION Ind•p•ndent exomlnerfs reportto Iht trustees of L•k•sler Hebrw Congregolloh I report lo charity trustees on my txamitIOn of Ihe cccounls of Leice51er Hebrew Congregation Ithe Tru511 lor the year ended 28 FebNory 2024. Re5ponslbllltl•s and basli of report As the chority tru5tee5 01 the Trust you are responsible lor thè preparation of the cccounts in occordance with the requirements of the Chorilies Act 2011 e Act'l. I report in respècl ol my examinotion of the Trusf's occounls corned out under Sèction 145 ol lh& Act and in carrying out my examination I have followed oll oppli¢¢b Dir&cti¢)ns given by the Chority Commission vnder Section 14515llbl ol Ihe Act. Independ•nt exomlntr's Qlement I have compleled my exominolion. l ¢onfirm fhat no material matters hove come lo my allenlion in conneclion with the examination giving me couse to befiev¢ Ihol in ony moleriol iespect.. accounting records were not kept in respect of the Tw5t 05 required by Section 130 of the Aet-. or the a¢¢OLmls do not o¢¢oid with those records- or the accounts do not comply with Ihe oppliroblo reqviremen15 conceming the foffn ond content of accoun15 Set ovt in the Charities IAccount5 ond Reports) Regulations 2008 other thon any requirement that the accounts give o true and view which 15 not o matter considered a5 Pryt ol an independent exarYNnotion. I have no concerns ond have come acr055 no other mallers in connectK)rn wth the examination lo which ollenlion should be drown in this report in ordgr lo enoble a proper under51onding of the occovn15 to be reached. Richard Buckby FCA TC Grovp 31 High View Close Hamimon Office Pork Leicester Leice5tershir LE4 9LJ 9 August 2024 Poge 4
IEICE5TER HEBREW CONGR£GATION STATEMENT OF FINANCIAL ACvITIEs FOR THE YEAR ENDED 28 FEBRUARY 2024 2024 Total fiJrd5 2023 Tolol funds Unreslri¢led fund Restricted funds Notes INCOME AND ENDOWMtNIS FItOM Donations and legacies 37B55 1250 39.105 183.768 ChoiAobl• actwllles Choritable acliwthÈ5 16.945 16.945 4.420 Inve51menl income 46.897 46A97 45.416 Tdul 101,697 1,250 102,947 233,604 EXPENDITURE ON Charftable a¢lSvlll•s Charitable actiltIeS 318.155 1.250 319,405 365.651 Nel goin5111055e51 on investments 41,938 41,938 173,4591 NET INCOME/(EXPENDITVRE) 1174.5201 1174.5201 1205.5061 RECONCILIATION OF FUNDS Total funds brought Igrword 3.012.633 29,947 3.042,580 3,248,086 TOTAL FUNDS CARRIED FORWARD 2,838,113 29,947 1868.060 3.042.580 The notes form part ol Ihese financiol slolemenls Poge 5
LEICESTER HENREW CONGREGATION BALANCE SHEET 28 FEbRUARY 2024 2024 Total nds 2023 Totol ds Uryestricted fvnd Reslricled fund5 Notes FIXED ASSET5 Tangible assets Inveslmenls 1,473,998 1,349,364 1,473,998 1,349,364 1,508,071 1,408.802 12 2.823262 2.823.362 2916.873 CURRENT ASSETS Debt Cash albank 13 14,972 7,827 14,972 37,774 60,365 75.522 29,947 22.799 29.947 52,746 135.887 CREDITORS Amounts falling due within onè y6ar 18.0481 18.0481 110,1801 NEI CURRENT A55ETS 14.751 29.947 44.698 125.707 TOTAL ASSEfs LESS CVRRENT LIA61UIIES 2,838.113 29.947 2.868,060 3.042XO NET ASSETS 2,838.113 29.947 2,868.060 3,042,580 FVNDS Unreslricled funds R85tricted fvnds 2.838,113 29.947 3.012,633 29.947 TOTAL FIINDS 2,668n60 3,042A80 The linanciol stolements were approved by the Board ol Twslee$ ond ovlhorised lor issue on 9 Avgust 2024 and were signed on Ils behaw by.. L Jacobs- Trustee A Jocobs-Twslee Ihe note5 form part ol these financial 51alements Page 6
LEICESTER HEBREW CONGREGATION NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 28 FEBRVARY 2024 CHARIFY INFORMIAIION Ihe Leice51er Hebrew Congregation provide5 IOT the Teligious weWaTe of the Jewish ¢omnx)nity in the arèo ol Leice5tÈT. ACCOUNTING POLICIES Usls ol piepailng Ihe Ilnanclol slolements The financial 5tolements of Ihe charity. which is ts public benefit enlity under FRS 102. have been preptsred in accordonce with Ihe Charilies SORP IFRS 1021 'Accounling ond Reporting by Charities= Stotement of Recommendèd Proclicé applieablè to charities preparing their accounts in accordoncè th the ¥inonciol Reporting Slondord Op11Cab1e in the UK ond Republic of Ireland IFRS 1021 (effective l January 20191., Finonciol Reporting Standord 102 The Financiol Reporting Standard opplicoblo in the UK and Repvblic of Ireland, and the Charilie5 Acl 2011. The linoncial staternen15 hove been prepaied under the hisloricol cost convention. with the sxception of investments which are included ol morkel volue. 05 modifigd by the r¢valu¢tion ol ¢ertoin 05sels. The chority h05 token odvontage of the followng di5¢105ure exemplion in preporin9 these fi"non¢iol statements. as pemiilled by FRS 102 Ihe Financiol Reporting Standard applicable in the UK ond Republic of Irelcnd,: fhe iequirements ol Section 7 Statement of C05h Flow5. Income Svbs¢riptions. donotions and Inveslment income ore InCded in Ih& Slotement ol Flnancial Actlvhies on o receivoble bosis. Ihe charity receives grants in respect ol Tre Heritoge Lottery Fund. Income from grants are reCOgned at foir volue when the chorily has entitlement alter ony p8rtomonce conditiong hove been met. it is probable that the income Mill be received and the amount con be measured reliabty. 11 enlillemenl is not met then these omovnt5 oTe deleEred. Expendwure Expenditure is recognised in Ihe period to which it15 incurred. R8souices expended are allocated direct lo Ihe porticulor oclivity lo which the cosl rekntres. Expendilure is recogni5ed where Ihere is a legal OT constructive obligolion lo make pwmenls lo th¥d partie5. il 15 probable th¢Jl the 5Qttloment will bg requirgd ond tho qmount of Ihe oblig0tn wn be measured reliably. As most ol the management ond aclivity ol the Synagogue corried out by volvnleers, this intangible cost is not includèd in the financial statements as this volunlory contribulion to the lifè of Ihe Synogogug is incalculable. Impulrmenl offlxed assets At each reporting end dote. the charity rewews the canying omoLmls of ils tangib assets to detemlnè whether there is ony indicotion thot Ih95e a5S¢t5 hove 5uttoTed on impairment 1055. If ony such indictslion exists. Ihe recoveroble amount of the csset is eslimaled in order to delemine the extent ol the imp(Jirment1055 lif any). Cash and cash •qulval•nh Cash ond cosh equivolents include cash in hond. deposits held ot cdl with banks. olher short-lerm riquid inve5trnenls with Orig1 moturilies of three months or less. ond bk overdrafts. Bonk OV¢Tdrofts are shown within borrowings in cvrrent liobilities. Tanglbh ILxed assek Deprecialion is prowded ol the followng annual rale5 in order lo wite off each assel over ils esthmoled useful life. Page 7 continued...
IEICESTER HEBREW CONGREGATIOM NOTES 10 THE FINANCIAL sfATEMENTS - conllnv•d FOR THE YEAR ENDED 28 FEBRUARY 2024 ACCOVNTING POLICIES . conllnvtd Tanglble 053ets Freehold property Pbnl ornd Mothary FLXtuTes ond fillings Ccthputèr èquipmènt Lond 0%. buildings 2% on cosl IO% on cost 15% on cost % on cost raxatlon nie chority is ex8rYyl from lox on 115 charilable activities. Chailtable lundl unrestrted fund5 ore ovoilable for us@ ol thè dis¢rolion of the tFustee5 in furtherance of Iheir charitgb objectives. Reslricled fund5 are 5vbjecl lo specific conditions by donors os lo how they may be used. The puOse5 and v5es ol the reslricled lunds ore Sel oul in the note5 to the finoncial slalemenl5. Endowment ILmds e subject to specific condiliorn by donors that the capital must be rnainlained by the ch<rrity. Employee benellts The Cost of tsny unvsed hc4iday enlitlemenl is recognised in the period in which the employee's services are recgived. Teminolion benefi.ts or¢ recognised as on expenses when the chority is demonstrobly committed lo tem)inate the eroYment ol on employee or to promde lemiinalion ben6fi15. Finuncknl Injlruments Ihe charity h05 elecltrd lo app the provision5 of Sectien 11 '605 Financial Instrvmen15' ond Section 12 'Other Financiol Instrumen15 Issues, ol FRS 102 to dl ol Its Iwianciol Instrvments. FinancKJI instruments are recognised in the charity's bolance sheet wt*en the chority becomes party lo the contractual prowslons ol thg In$twmenl. Financial assels ond fbIlitieS are 0115et. with Ihe net amount5 presented in the financial slatement5. when theTe is o legally enforceable right lo set ofl Ihe recognised omounts ond Ihere is on inlention to Sett on a basis or lo realtse the asset ond $8ttle Ihè liobiltty simult0ne0us. Baslc 1Snanclol Basic finonciol a55et5, which include debtor5 ond cosh and bank bolances, a initially meosvred ol Iran5aclion price including Ironsoction costs and are subsequentty carried al omortised cosl using the effective terest method unless Ihe ortgngement Constitutes a financing Iran5action, where the Irarn5aclion is meosvred ol the present volve ol Ihe Ivlvre receip15 di5coufbled at a market role ol nleresl. finoncK4 ossels clossified 05 receivoble within one year ore not ormrtised. Bask Ilnon¢lul IlubllHes Bosic finonciol liobilties. including creclitOT5 ond bonk loons ore inilidty reCOgned al transaction price unless Ihe arrangemenl conslilules a financing Ironsoclion, where the debl instrurnenl is meosured ot the presenl value ol the futur8 payments discovnled al o market rale ol inleiesl. Financial liobilitie5 clossified a5 payable withr one yeaT are Thot omortised. Debt in51rvmenls are 5Ltr95equenlly carried al amortised cost, using the effective interest rate method. Trade ¢redllNs Page 8 continued...
LEICESTER HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEAIENTS - tonllnvèd FOR THE YEAR ENDED 28 FE$RVARY 2024 ACCOUNIING POLICIES- conlinued Trade creditors oro oblig¢Jtions to poy for goods or services thol have been acquired in Ihe ordinary course ol operolions from suppliers. Amounts poycble ore classified a5 cyent riobilitie5 if payment is dtje wthin one yeor or less. If not, they tye presented as nonpcurrent habifilies. Trade creditors are fecognised initially ot tronsoction price ond svbseqvently measured al amortised cost using the effective interest method. Derecognttlon ol Itnanclul Nobllllles Finoncial liabilities are derecognised when Ihe ch(ty,5 conlractual Obgoon$ explre or are dischorged or cancelled. Retlr?rnent beneffts Payments lo defined contribulion retremenl berbelit herneS are charged os an expense 05 they fall due. DONATIONS AND LEGACIES 2024 2023 Donations Gift aid Legocies Membership lees Educotional wsit5 7,764 6,676 67.076 9.803 21,121 3.544 23,872 1.902 39,105 183,768 INVESTMENT IIICOME 2024 2023 Income from fisted inveslmen15 Interest receivable 46,877 20 45,414 46,897 45.416 INCOME FROM CHARITABLE AcnvillES 2024 2023 Activity Choritabb activities charitab aclivilies charitab octivities 6101 chaTge5 FestivaL% and functions Misc incom& 4,580 2.006 10.359 3,3SS 537 528 16,945 4.420 Page 9 continued...
LEICESTER HEBREW CONGREGAIION NOTES TO THE FINANCIAL STATEMENTS . conllnued FOR THE YEAR ENDED 28 FEBRUARY 2024 CHARITABLE AcnvmES COSTS 5ynogo Teachl Commu n-i¢olio Burial C051$ other costs Total 2024 Total 2023 C05tS cost5 ol costs Sloff costs Depr8clotK)n Buna Insuronce Lbhl. heot & ulilities Repoys & r&n8wols Cleorring & cleaning wpplies Teoching staff & eypeT15e5 Reliel & os51$tont rninis18rs Minister5 expenses PPS & phone RebbÈtsn Pihk Accovntoncy & examination fees Protessiowl fee5 Sundry Bad debts Festival expenses Sh)ring Jewish Hèritage Securily costs Bonk choFge5 Investment monagerngnl fee5 91680 46.544 I.224 34.157 10.083 15.717 10.765 12,537 130.308 34,052 8.418 34.157 10. 10.765 12.$37 15.760 2.395 6.005 5,313 2.600 1.974 21.085 ,974 21.065 5.596 13.248 2.940 24.810 5,594 11,520 5.596 13.248 4.873 4.873 1.090 7.394 162 10.133 6.062 33,910 12,807 7.394 162 10.133 5.705 10.210 2.975 13 10.210 2,975 33,559 9.564 9.564 10,740 10,0 137,704 2,6( 69.603 5,596 93,819 319.405 365,651 Anotysis by nd Unre$lri¢ttsd lunds Restricled fLnc15 10. 137.704 69.603 5.596 93.819 319.405 365.651 10.083 137.704 2.6(K) 69. 5.596 93.819 319.405 3.651 Poge 10 CtX)tlnved...
LEICESTER HE6REW CONGREGATION NOTES 10 THE FINANCIAL STATEAIENTS - ¢•nlnued FOR THE YEAR ENDED 28 FEORVARY 2024 SUPPORT COSIS Gc>verncnce costs Finance Tola Choritate acli%qlie5 9,577 4.873 14.450 TRUSTEES, REMVNERAIION AND 8ENEFirs There were no Iwslees, rerwneralion or olher benefits lor the yeor ended 28 F8btvary 2024 nor lor thè yeor ended 28 Febrvory 2023. Truste, eXPe1 Ihere were no Iruslees, •xpenses pold for thtr y&ar 8rndgd 28 Fobrvgry 2024 for the year ended 28 Febnjory 2023. SIAFF COSTS 2024 2(r23 Woges cÈnd sobies Social security cost5 Othsr pension costs 141,332 5.943 5.197 138,131 5,477 4.220 152,472 147,828 The average Month number ol employee5 during the yearwas as folk)ws.' 2024 2023 Employees No employe85 received emoluments in exces5 of £60,000. 10. COMPARATIVES FOR THE STATEMENT OF HNANCIAL AcnvmES Unrestricled fund Restricted fvnd5 Totd funds INCOME AND ENDOVIMENTS FROM Donations and legacies 183.766 183.768 Charflable actlvlll•s Choritoble oclivith&s 4.420 4.420 Investment income 45.416 45,416 T01 233.604 233.604 EXPENDITURE ON Choritable ac111$ Choriloble octivities 365.651 3,657 Nel 9ainsllbssesl on investments r13.4591 173,4591 NET INCQME/IEXPENDIIURE) 1205,5061 1205,5061 Pogell conlirKJed...
IEICESTER HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS . conlinv•d FOR THE YEAR ENDED 28 FEBRUARY 2024 10. COMPARATIVES FOR THE STATEMENT OF FINAhlCIAL ACTIVITIES - conlSnued Unrestricted nd Restricted lund5 Totc4 funds RECONCILIATION OF FUNDS Tolol funds t*ought forward 3.218.139 29,947 3,248,086 TOTAL FUNDS CARRIED FORWARD 3.012.633 29.947 3,042.580 TANGIBIE FIXED ASSEIS FrAlvres and fillings Freehold propthi Plant and machinery Computer equipment Tolols cosr At l March 2023 Additions 1,575A37 53,609 72.156 10,419 83 1,711.621 83 Al 28 February 2024 1,575,437 53,609 72.1 $6 10.502 1.711.704 DEPRECIATION At l Morch 2023 Charge lor year 126,857 31.020 12,664 3,137 10,419 203,549 34.157 At 28 Februory 2924 157,877 53.609 15,801 10,419 237,706 NET BOOK VAWE At 28 February 2024 1.417.560 56255 1.473.998 Al 28 february 2023 l A48,580 59A92 1,508,072 12. FIXED ASSET INVESTMENTS Liiled investments MARKET VALUE Al l Morch 2023 Additions Olsposo Revalvolion5 IA08,803 205,225 1274.4311 9.767 Al 28 February 2024 1,349.364 NET bOOKVALUE At 28 February 2024 l J49,364 Al 28 Februory 23 1.408.803 There were no investmenl a55e15 ou15ide the UK. Page 12 continuèd...
LEICESTER HEBREW CONGREGATION MOTES TO THE FINANCIAL STATEMENTS - conllnv•d FOR THE YEAR ENDED 28 FEBRUARY 2024 12. FIXED ASSET INVESIMENTS . conllnved C051 or volvation ol 28 Febwory 2024 is represented by: Listed Investments Voluolion in 2020 ValLJOtion in 2021 Valvotion in 2022 Valuotion in 2023 Volvolion in 2024 C05t 4.327 57,290 4.431 1119,7981 91,739 1.311.375 1.349.364 13. DEBTORS.. AMOUNTS FALUNG DUE WIIHIN ONE YEAR 2023 Trad& debtors other debtors 7.214 7,758 4.179 56,186 14.972 60265 14. CREDITORS: AAIOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trode eredi*or5 Toxalion and social security Other creditors 4.057 212 3,779 2.930 3,470 3.780 8,048 10,180 MOVEMENT IN FUNDS Net movement in funds At 28.2.24 Al l J.23 Unr051riet•d fund5 Generol fund 3.012,633 1174,5201 2838,113 Reslrkted funds Relief fund Memoiial fund Cemetery restoration fund Community chest Mourice Sirkin fund 4,957 10,948 3.307 2,035 8.700 4,957 10,948 3.307 2.035 8.7CO 29.947 29.947 IOIAL FUNDS 3.042.580 1174.5201 2.868.060 Page 13 continued...
IEICESTER HE8REW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS . Connutd FOR THE YEAR ENDED 28 FEbRUARY 2024 15. MOVEMENT IN FUNDS- contlnved Net movement in Ivnds. included in the above ore as lolows.. Incoming resources Resources eypended Goin5 ond 105ses Movement in funds Unreifrl¢ted fvndj General fund 101,697 1318,1551 41,938 1174,5201 R•thlcléd fvndi Restoration 1.250 11,2501 TOTAL FUNDS 102.947 1319.4051 41.938 1174.5201 Comparqllv•s for m•v•m•nt In fvnd$ Net movemenl in lund5 At 28.2.23 At 1.3.22 Vnwesfrlcted fvnds Generol fund 3.218.139 12Q5,5061 3.012,633 R•thctèd Ivnds Relief fvnd Memorigl lun Cemetery resloralion ILnd Community ch8St Maurice Sithin fund 4,957 10,948 3,307 2,035 8,700 4.957 10,948 3.307 2,035 8,7fA) 29,947 29.947 TOTAL FVNDS 3,248,086 1205.5061 3,042A80 Comporotive nel movement in fvnds, included in Ihe above are 09 folows.. Incoming resovrce$ Resources eypended Gains and Movemenl 1055es in funds Unresfrlcted Ivndi General fund 233,004 1365,6511 173.4591 1205,5061 TOTAL FUNDS 233,604 1365,6511 173.4591 1205,5061 Ihe restoration fund was esloblished lo moinlain the fobric ol the fabric of the Synagogue bvlding. The relief fund was 8globlish&d in ordsr to provide pension poymènts. The memorial funds ond ¢ommtmity chest were e5tobfished lo provide prize5 ond grant5 in )ixtheronce of religious education lu young persons. Page 14 continved...
LEICESTER HEBREW CONGREGATION NOTES TO TtrIE FINANCIAL SIATEMENTS . conMnu•d FOR THE YEAR ENDED 28 FEbRVARY 2024 15. MOVEhlENT IN FUNDS - ¢ontinved The Mavrice &rkin Fund was estoblished for the benefit ond education of the members of the Leicesler HebTew Congegalion. RELATED PARTY DISCLQSVRES DLJTing the year 5 12023= 41 member5 01 the Monogement Committee were reimbursed expense5 lotalling £98312023.. £1.0271. Poge 15
LEICESTER HEbltEW CONGREGATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2024 2024 2023 INCOME AND ENDOWMENTS Donollons and l•gacl•s Donations Gifl old Legocies Membership fees Educational visits 7,764 6,676 67.076 9A03 81,115 23.872 1,902 21,121 3,544 39,105 183,768 Inveslment incom• Income from lisled inveslmenls Intèr&5t receiyoble 46077 20 45,414 46,897 45.416 cIrA0b1è acllvHles Buriol charges Festiva15 ond fvnclions Misc incomè 4.580 2,006 10.359 3.355 537 528 16.945 4.420 Total Incoming resovrces 102.947 233.604 EXPENDIIURE Chaillable act5vMles Woges Social security Pensions Bad debts Light. heot ond utilitEs In5vrance Poslage and statnery Sundries Burials Repo1 ond renewc15 Cleaning and cleaning supples Teaching stoff and expenses Prolessionol fees Relief & ossislont mlni9ters inisler5 expense$ festival expenses Shoring Jewish Herilooe Security costs Depreciafion ol a5Set5 141.332 5,943 5.197 162 10.765 15,717 S.596 7.394 10,083 12,537 6.(KJ5 2.600 1.090 1.974 21.085 10,133 10.210 2,975 34.157 138.131 5.477 4.220 11,2631 15.760 14,621 5,594 12.&)7 8.418 2.395 5,313 2.400 33.910 2.940 24.810 5.705 33.559 34.052 304.955 348A49 This page cloes not form part ol the sletut¢)ry financial statemen15 Page 16
LEICESTER HEBRew CONGREGATION DETAILED SIATEMÈNI OF HNANCIAL ACTivillES FOR THE YEAR ENDED 28 FEBRUARY 2024 2024 2023 Support costs Flnanc• Bonk charge5 Inveslmenl manogoment lee5 9.564 10,740 9.577 10,740 Ggvernunc? co Accountancy and legal feès 4.873 6.062 Tolol resources expended 319.405 365.651 Net •xndlIV1è bdorè galni ond10sses 1216.4581 1132.0471 Reollied rKogntsed golns ond losses Reolised gain5111055es1 on fixed a55et investments 32.171 25.940 Net expendllvre 1184,2871 1106,1071 This page does nol fom) port of thtr slolulory finon¢iol 51alements Poge 17