**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|