CHARITY REGISTRATION NUMBER: CE019727
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021
HARLOW JEWISH COMMUNITY
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2021
| CONTENTS | PAGE |
|---|---|
| Charity Information | 1 |
| Trustees Reports | 2 - 4 |
| Profit & Loss Account | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 - 17 |
| Detailed Profit & Loss Account | 18 |
HARLOW JEWISH COMMUNITY
CHARITY INFORMATION for the year ended 31 March 2021
| TRUSTEES: SYNAGOGUE ACCOUNTANTS |
Alex Aronberg |
|---|---|
| Alan Cohen | |
| Sharon Bilmen | |
| Lorraine Kirk | |
| Jane Stevenson | |
| Anne Neuhaus | |
| Michal Austen | |
| Sergei Litvinov | |
| Vivienne Wright | |
| Ruth Brooks | |
| Harberts Road | |
| Harlow | |
| Essex | |
| CM19 4DT | |
| LESLIE ERIERA & CO | |
| 11-17 Fowler Road | |
| Ilford | |
| Essex | |
| IG6 3UJ |
Page 1
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES for the year ended 31 March 2021
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021
PRINCIPAL ACTIVITY
The principal activity of the charity in the year under review was that of providing religious services, education classes, social activities and welfare support.
Page 2
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES for the year ended 31 March 2021
TRUSTEES
The trustees who held office during the period were as follows;
Alex Aronberg Alan Cohen Sharon Bilmen Lorraine Kirk Jane Stevenson Anne Neuhaus Michal Austen Sergei Litvinov Vivienne Wright Ruth Brooks
Page 3
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES for the year ended 31 March 2021
STATEMENT OF TRUSTEES RESPONSIBILITIES
Charity law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the profit or loss of the charity for that period. In preparing those accounts, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with standard accounting practices. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 4
HARLOW JEWISH COMMUNITY
PROFIT AND LOSS ACCOUNT for the year ended 31 March 2021
| Notes TURNOVER 1 Cost of Sales GROSS PROFIT ADMINISTRATION EXPENSES Interest Receivable & Other Income Interest Payable & Similar Charges SURPLUS ON ORDINARY ACTIVITIES 2 All operations in the current and previous period are continuing |
2021 £ |
2021 £ |
2020 £ |
|---|---|---|---|
| 100,924 | 0 | ||
| (28,414) | 0 | ||
| 72,511 | 0 | ||
| (38,173) | 0 | ||
| 20 | 0 | ||
| 0 | 0 | ||
| 34,357 | 0 | ||
There have been no recognised gains and losses other than those shown above
Page 5
HARLOW JEWISH COMMUNITY
BALANCE SHEET
as at 31 March 2021
| Notes FIXED ASSETS Tangible Assets 6 CURRENT ASSETS Debtors 7 Cash at Bank & In Hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted Funds 9 |
£ £ 0 0 2021 |
£ £ 0 0 2021 |
£ £ 0 0 2021 |
£ £ 0 0 2021 |
£ £ 2020 |
£ £ 2020 |
|---|---|---|---|---|---|---|
| 0 | 0 | |||||
| 0 | 0 | |||||
| 0 0 0 0 |
||||||
| 5,738 | 0 | |||||
| 45,520 | 0 | |||||
| 51,258 | 0 | |||||
| 16,901 | 0 | |||||
| 34,357 | 0 | |||||
| 34,357 | 0 | |||||
| 34,357 | 0 | |||||
| 34,357 | 0 |
The financial statements were approved by the Board of Trustees and signed on it's behalf by
Alex Aronberg
05 October 2021
Page 6
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2021
1. ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements
Basis of preparing the financial statements
The accounts have been prepared under the historical cost convention and appropriate accounting standards.
Page 7
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
Turnover
Turnover represents the net value of sales, excluding VAT. The Turnover and Profit/Loss before Taxation for the year are attributable to the principal activity of the charity, which is performed wholly in the UK.
Page 8
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
Fixed Assets
Fixed Assets are depreciated at the following annual rates in order to write off each asset over it's estimated useful life to the charity:
Fixtures & Fittings 25% on written down value. Equipment 25% on written down value.
Page 9
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
Taxation and Deferred Tax
The charity is exempt from taxation.
Page 10
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
2. OPERATING PROFIT
2021 2020 £ £ This is stated after charging (crediting) - - Depreciation of tangible fixed assets
Page 11
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
3. EMPLOYEE COSTS
| Staff Salaries & NI Employers Pension |
2021 2020 £ £ |
2021 2020 £ £ |
|---|---|---|
| 20,000 | - | |
| 1,200 | - | |
| 21,200 | - |
Page 12
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
4. INTEREST PAYABLE
| INTEREST PAYABLE | ||
|---|---|---|
| Bank Interest | 2021 2020 £ £ |
|
| - | - | |
| - | - |
5. TAX ON PROFIT ON ORDINARY ACTIVITIES
| TAX ON PROFIT ON | ORDINARY ACTIVITIES | ORDINARY ACTIVITIES | ||
|---|---|---|---|---|
| UK Corporation Tax | 2021 2020 Tax Rate |
2021 2020 £ £ |
||
| 0 | 0 | - | - | |
| - | - |
Page 13
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
6. TANGIBLE FIXED ASSETS
| Cost At start of period Additions Disposals At end of period Depreciation At start of period Provided during the period Disposals At end of period Net book value At start of period At end of period |
Fixtures Office & Fittings Equipment Total |
Fixtures Office & Fittings Equipment Total |
Fixtures Office & Fittings Equipment Total |
|---|---|---|---|
| - | - | - | |
| - | - | - | |
| - | |||
| - - - |
|||
| - | - | - | |
| - | - | - | |
| - | - | ||
| - - - |
|||
| - - - |
|||
| - - - |
Page 14
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
7. DEBTORS
----- Start of picture text -----
2021 2020
£ £
Due within one year
Trade Debtors 5,738 -
Other Debtors - -
-
5,738
----- End of picture text -----
Page 15
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
8. CREDITORS DUE WITHIN ONE YEAR
| CREDITORS DUE WITHIN ONE YEAR | ||
|---|---|---|
| Bank Loans & Overdrafts Trade Creditors Other Taxes & Social Security Costs Other Creditors Accruals |
2021 2020 £ £ |
|
| - | - | |
| 9,801 | - | |
| 4,000 | - | |
| 1,600 | - | |
| 1,500 | - | |
| 16,901 - |
Page 16
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2021
9. FUNDS
| FUNDS | |
|---|---|
| At start of period Surplus for the period At end of period |
£ |
| 0 | |
| 34,357 | |
| 34,357 |
Page 17
HARLOW JEWISH COMMUNITY
TRADING PROFIT AND LOSS ACCOUNT for the year ended 31 March 2021
| Sales Cost of Sales Purchases Direct Costs GROSS PROFIT Other Income Bank Interest Received Administration Expenses Staff Salaries & NI Employers Pension Rent & Rates Insurance Light & Heat Repairs & Maintenance Advertising Telephone Subscriptions Sundry Expenses Accountancy Fees Depreciation Bank Charges Finance costs Interest Paid NET SURPLUS |
£ £ 100,924 2021 |
£ £ 100,924 2021 |
£ £ 100,924 2021 |
£ £ 2020 |
£ £ 2020 |
|---|---|---|---|---|---|
| 100,924 | 0 | ||||
| 0 | |||||
| 0 | 0 | ||||
| 28,414 | 0 | ||||
| 28,414 | |||||
| 72,511 | 0 | ||||
| 0 | |||||
| 20 | 0 | ||||
| 20 72,530 |
|||||
| 0 0 |
|||||
| 20,000 | 0 | ||||
| 1,200 | 0 | ||||
| 60 | 0 | ||||
| 2,072 | 0 | ||||
| 1,944 | 0 | ||||
| 8,553 | 0 | ||||
| 58 | 0 | ||||
| 304 | 0 | ||||
| 2,335 | 0 | ||||
| 131 | 0 | ||||
| 1,500 | 0 | ||||
| 0 | 0 | ||||
| 17 | 0 | ||||
| 38,173 34,357 |
|||||
| 0 | |||||
| 0 | 0 | ||||
| 34,357 | |||||
| 0 |
Page 18
Charity Registration Number: CE019727
Harlow Jewish Community
Financial Statement Addendum for year ended 31[st] March 2021
22/11/2019 to 31/03/2020
The following is the trading profit and loss account for 4 months (from 22/11/2019 to 31/03/2020) prorated from ‘the year ended March 2021’ accounts
| £ Sales Cost of Sales Purchases 0 Direct Costs 9,471 GROSS PROFIT Other Income Bank Interest Received 7 Administration Expenses Staff Salaries & NI 6,667 Employers Pension 400 Rent & Rates 20 Insurance 691 Light & Heat 648 Repairs & Maintenance 2,851 Advertising 19 Telephone 101 Subscriptions 777 Sundry Expenses 44 Accountancy Fees 500 Depreciation 0 Bank Charges 6 Financial Costs Interest Paid NET SURPLUS |
£ 33,641 9,471 24,170 7 24,177 12,724 11,453 0 |
|
|---|---|---|
| 11,453 |