CHARITY REGISTRATION NUMBER: CE019727
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023
HARLOW JEWISH COMMUNITY
CONTENTS OF THE FINANCIAL STATEMENTS for the year ended 31 March 2023
| 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 2023
| TRUSTEES: | Alex Aronberg | |
|---|---|---|
| Michal Jane Austen | ||
| Alan Cohen | ||
| Sharon Bilmen | ||
| Jane Stevenson | ||
| Martin Tayler | ||
| Sarah Jackson | ||
| Lorraine Kirk | ||
| SYNAGOGUE: ACCOUNTANTS: |
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 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023
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 2023
TRUSTEES
The trustees who held office during the period were as follows;
Alex Aronberg Michal Jane Austen Alan Cohen Sharon Bilmen Jane Stevenson Martin Tayler Sarah Jackson Lorraine Kirk
Page 3
HARLOW JEWISH COMMUNITY
REPORT OF THE TRUSTEES for the year ended 31 March 2023
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 2023
| Notes TURNOVER 1 Cost of Sales GROSS PROFIT ADMINISTRATION EXPENSES Interest Receivable & Other Income Interest Payable & Similar Charges SURPLUS ON ORDINARY ACTIVITIES 2 |
2023 £ |
2023 £ |
2022 £ |
|---|---|---|---|
| 81,974 | 75,963 | ||
| (19,771) | (22,230) | ||
| 62,204 | 53,732 | ||
| (48,424) | (40,741) | ||
| 90 | 1,049 | ||
| 0 | 0 | ||
| 13,870 | 14,040 |
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 2023
| 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 2023 |
£ £ 0 0 2023 |
£ £ 0 0 2023 |
£ £ 0 0 2023 |
£ £ 2022 |
£ £ 2022 |
|---|---|---|---|---|---|---|
| 0 | 0 | |||||
| 0 | 0 | |||||
| 4,335 52,266 56,601 8,205 |
||||||
| 4,989 | 4,335 | |||||
| 66,444 | 52,266 | |||||
| 71,434 | 56,601 | |||||
| 9,167 | 8,205 | |||||
| 62,267 | 48,397 | |||||
| 62,267 | 48,397 | |||||
| 62,267 | 48,397 | |||||
| 62,267 | 48,397 |
The financial statements were approved by the Board of Trustees and signed on it's behalf by
Alex Aronberg
15 June 2023
Page 6
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023
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 2023
Turnover
Turnover
Page 8
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
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 2023
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 2023
2. OPERATING PROFIT
2023 2022 £ £ 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 2023
3. EMPLOYEE COSTS
| Staff Salaries & NI Employers Pension |
2023 2022 £ £ |
2023 2022 £ £ |
|---|---|---|
| 29,333 | 20,000 | |
| 2,400 | 1,200 | |
| 31,733 | 21,200 |
Page 12
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
4. INTEREST PAYABLE
| INTEREST PAYABLE | ||
|---|---|---|
| Bank Interest | 2023 2022 £ £ |
|
| - | - | |
| - | - |
5. TAX ON PROFIT ON ORDINARY ACTIVITIES
| TAX ON PROFIT ON | ORDINARY ACTIVITIES | ORDINARY ACTIVITIES | ||
|---|---|---|---|---|
| UK Corporation Tax | 2023 2022 Tax Rate |
2023 2022 £ £ |
||
| 0 | 0 | - | - | |
| - | - |
Page 13
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
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 2023
7. DEBTORS
| DEBTORS | ||
|---|---|---|
| Due within one year Trade Debtors Other Debtors Prepayments |
2023 2022 £ £ |
|
| 4,989 | 4,335 | |
| - | - | |
| - | - | |
| 4,989 4,335 |
Page 15
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
8. CREDITORS DUE WITHIN ONE YEAR
| CREDITORS DUE WITHIN ONE YEAR | ||
|---|---|---|
| Bank Loans & Overdrafts Trade Creditors Other Taxes & Social Security Costs Other Creditors Accruals |
2023 2022 £ £ |
|
| - | - | |
| 2,067 | 355 | |
| 4,000 | 4,000 | |
| 1,600 | 1,600 | |
| 1,500 | 2,250 | |
| 9,167 8,205 |
Page 16
HARLOW JEWISH COMMUNITY
NOTES TO THE FINANCIAL STATEMENTS - continued for the year ended 31 March 2023
9. FUNDS
| FUNDS | |
|---|---|
| At start of period Surplus for the period At end of period |
£ |
| 48,397 | |
| 13,870 | |
| 62,267 |
Page 17
HARLOW JEWISH COMMUNITY
TRADING PROFIT AND LOSS ACCOUNT for the year ended 31 March 2023
| 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 Bank Charges Finance costs Interest Paid NET SURPLUS |
£ £ 81,974 2023 |
£ £ 81,974 2023 |
£ £ 81,974 2023 |
£ £ 2022 |
£ £ 2022 |
|---|---|---|---|---|---|
| 81,974 | 75,963 | ||||
| 22,230 | |||||
| 271 | 219 | ||||
| 19,500 | 22,011 | ||||
| 19,771 | |||||
| 62,204 | 53,732 | ||||
| 76% | 71% 1,049 |
||||
| 90 | 1,049 | ||||
| 90 62,294 |
|||||
| 54,781 40,741 |
|||||
| 29,333 | 20,000 | ||||
| 2,400 | 1,200 | ||||
| 215 | 154 | ||||
| 2,439 | 2,116 | ||||
| 2,245 | 1,795 | ||||
| 4,719 | 9,171 | ||||
| 264 | 1,704 | ||||
| 597 | 348 | ||||
| 443 | 823 | ||||
| 2,003 | 0 | ||||
| 768 | 1,537 | ||||
| 1,256 | 233 | ||||
| 1,500 | 1,500 | ||||
| 242 | 160 | ||||
| 48,424 13,870 |
|||||
| 14,040 | |||||
| 0 | 0 | ||||
| 13,870 | |||||
| 14,040 |
Page 18