2022-03-31-accounts

CHARITY REGISTRATION NUMBER: CE019727

HARLOW JEWISH COMMUNITY

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2022

HARLOW JEWISH COMMUNITY

CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2022

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 2022

TRUSTEES: SYNAGOGUE: ACCOUNTANTS:	Alex Aronberg
	Alan Cohen
	Sharon Bilmen
	Lorraine Kirk
	Jane Stevenson
	Anne Neuhaus
	Michal Austen
	Martin Tayler
	Sarah Jackson
	Harberts Road
	Harlow
	Essex
	CM19 4DT
	LESLIE ERIERA & CO
	13 Claybury
	BusheyHeath
	Hertfordshire
	WD23 1FS

Page 1

HARLOW JEWISH COMMUNITY

REPORT OF THE TRUSTEES for the year ended 31 March 2022

The trustees present their report with the financial statements of the charity for the year ended 31 March 2022

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 2022

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 Martin Tayler Sarah Jackson

Page 3

HARLOW JEWISH COMMUNITY

REPORT OF THE TRUSTEES for the year ended 31 March 2022

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 2022

Notes TURNOVER 1 Cost of Sales GROSS PROFIT ADMINISTRATION EXPENSES Interest Receivable & Other Income Interest Payable & Similar Charges SURPLUS ON ORDINARY ACTIVITIES 2	2022 £	2022 £	2021 £
	75,963		100,924
	(22,230)		(28,414)
	53,732		72,511
	(40,741)		(38,173)
	1,049		20
	0		0
	14,040		34,357

All operations in the current and previous period are continuing

There have been no recognised gains and losses other than those shown above

Page 5

HARLOW JEWISH COMMUNITY

BALANCE SHEET as at 31 March 2022

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 2022	£ £ 0 0 2022	£ £ 0 0 2022	£ £ 0 0 2022	£ £ 2021	£ £ 2021
			0			0
			0			0
					5,738 45,520 51,258 16,901
	4,335				5,738
	52,266				45,520
	56,601				51,258
	8,205				16,901
			48,397			34,357
			48,397			34,357
			48,397			34,357
			48,397			34,357

The financial statements were approved by the Board of Trustees and signed on it's behalf by

Alex Aronberg

04 January 2023

Page 6

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 March 2022

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 2022

Turnover

Turnover

Page 8

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

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:

Equipment 25% on written down value.

Page 9

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

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 2022

2. OPERATING PROFIT

2022 2021 £ £ 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 2022

3. EMPLOYEE COSTS

Staff Salaries & NI Employers Pension	2022 2021 £ £	2022 2021 £ £
	20,000	20,000
	1,200	1,200
	21,200	21,200

Page 12

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

4. INTEREST PAYABLE

INTEREST PAYABLE
Bank Interest	2022 2021 £ £
	-	-
	-	-

5. TAX ON PROFIT ON ORDINARY ACTIVITIES

TAX ON PROFIT ON	ORDINARY ACTIVITIES	ORDINARY ACTIVITIES
UK Corporation Tax	2022 2021 Tax Rate		2022 2021 £ £
	0	0	-	-
			-	-

Page 13

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

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	Office Equipment Total	Office Equipment Total
	-	-
	-	-
		-
	- -
	-	-
	-	-
	-	-
	- -
	- -
	- -

Page 14

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

7. DEBTORS

DEBTORS
Due within one year Trade Debtors Other Debtors Prepayments	2022 2021 £ £
	4,335	5,738
	-	-
	-	-
	4,335 5,738

Page 15

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

8. CREDITORS DUE WITHIN ONE YEAR

CREDITORS DUE WITHIN ONE YEAR
Bank Loans & Overdrafts Trade Creditors Other Taxes & Social Security Costs Other Creditors Accruals	2022 2021 £ £
	-	-
	355	9,801
	4,000	4,000
	1,600	1,600
	2,250	1,500
	8,205 16,901

Page 16

HARLOW JEWISH COMMUNITY

NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2022

9. FUNDS

FUNDS
At start of period Surplus for the period At end of period	£
	34,357
	14,040
	48,397

Page 17

HARLOW JEWISH COMMUNITY

TRADING PROFIT AND LOSS ACCOUNT for the year ended 31 March 2022

Sales Cost of Sales Purchases Direct Costs GROSS PROFIT GROSS MARGIN Other Income Bank Interest Received Administration Expenses Staff Salaries & NI Employers Pension Rent & Rates Insurance Light & Heat Repairs & Maintenance Advertising Telephone Computer & Internet Subscriptions Donations Sundry Expenses Accountancy Fees Depreciation Bank Charges Finance costs Interest Paid NET SURPLUS	£ £ 75,963 2022	£ £ 75,963 2022	£ £ 75,963 2022	£ £ 2021	£ £ 2021
		75,963			100,924
					28,414
	219			0
	22,011			28,414
		22,230
		53,732			72,511
		71%			72% 20
	1,049			20
		1,049 54,781
					72,530 38,173
	20,000			20,000
	1,200			1,200
	154			60
	2,116			2,072
	1,795			1,944
	9,171			8,553
	1,704			58
	348			304
	823			0
	0			2,335
	1,537			0
	233			131
	1,500			1,500
	0			0
	160			17
		40,741 14,040
					34,357
		0			0
		14,040
					34,357

Page 18