HENDON ADATH YISROEL CONGREGATION CIO
REPORT AIYD FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2021

HEI¥DON ADATH YISROEL CONGREGATION CIO
CONTENTS
Refcrence and administrative infomiation
Tn￿tees, report
Independent examiners. report
Statement of financial activities
Balance sheet
Statement of cash flows
10
Notes to the financiol statements
11-18

Report ofthe Trustees of
Hendon Adath Yisroel CongreBatlon CIO
For the perlod ended 31st March 2021
Reference Ind adminlstratlve informatloD
Regisiered Charity Number
1187431
Trustees
David Segal- President
Cliv¢ B¢njamin Braude- Vice Pr¢sident
Asher Andrew Guttentag- Vice President
Adrian Mark Jacobs- Trcasurer
Benjamin Nathan Rowe- Honorary Secretary
David Goldberg
Simon Nttihan Hirsch
Dr Maurice Klajman
David Klass
Ricky Darren Noimark
CTraham Woolf Summers
Shrllgd Shalom Zaltzman
Secretary
Meir Moller
Ind¢p¢nd¢nt ExMmin¢r
Anthony Epton
Goldwins
Chartered accountants
75 Mfiygrove Road
W¢st Hampsl¢ad
Lvndon NW6 2EG
Principal Address
I l Brent Street
London
NW4 2EU
Bank¢rs
N8tWest Bank
Hendon Central C1￿U$
5 Central Circu5
London
NW4 3LA

Report of the Trustees of
Hendon Adath Yisroel Congregation CIO
For the period ended 31st Marth 2021
The Truslc¢s present IheiT report and financial statements for the pcri(yJ ended 31 March 2021. 1.he financial
statements have been prepared in aecordance with Accounting And Reporting by Charilies.. Stat¢mcnt of
Recommended Practice applicable to charities preparing their accounts in accordanLe with the Fitvdncial
R¢porling Standard applicablc in Ihc UK and Republic of Ireland {FRS102. effective l January 2015-
(Chdrities SOtiP FRS 1021
Objectives gnd a¢tivi¢i¢s
Thc charily'q objects are the advanLemcnt of the orthixlox Jcwish faith.
Advancing orthodox Jewish faith for the benefit ot the public in such ways as are exclusively
¢harilable in English luw & by mainlaining & mana8in8 the %ynagogue known a8 Hendon Adath
Yisroel Cong. Br¢ni Sireel London NW4 as a placc of worship prayer & religiou.1 qtudy & by
providing for the religiou.% needs, spiritual educglion. poslorol necds & welfare ofils memkrs.
'h¢ Iruyl¢¢s hav¢ paid du¢ r¢gard to the 8uidanLe issu¢d by the Charity Commisbion in deciding what
activiti¢¥ Ihe ¢,h4rily should undcrtoke.
Achlevements and performance
Prom(>tin8 Urth¢xi(Trx Jvwish l&ith and religious activities.
Providing huildingq, facilities and vpcn space to thc Jewish community.
ImpTovin8 community welfare tu suprMTrrt ihc quality of life of disadvantaged peoples such aq the wor
esscntially from education, social wellare and humanitarian action.
Stru¢turei governance ind manAgement
The Governing Document 1% a Li)n8titution Ass(Ki4tion Model d8l¢d 16 January 20211 Charithblc Inc()rporaled
Or¥anisJliun"CIO" Flcndon Adaih Yi8Toel Congreglltiun hus been registered by the Churity Commission aq a
C'.10 since 17 January 2020. The charity started irs charilablc aclivilics on l April 2020.
Trustees are the p¢opl¢ responsibl¢ for Lonlrollin8 chc work. Inana8emenl and administration of the charity on
behalf of ils beneficiaries.
Th¢ trustees who served the charity during the period werL" &s follows:
David Segdl {appointcd on 20 January 2020)
Clive Bcnjamin Brnude {appointed on 20 January 2020)
Ashcr Andrcw Ciullenlag (appointed on 20 January 2020)
Adrian Mark Jacobs (appointed on 20 January 2020)
Benjamin Nathan Rowe (appointed on 20 January 2020)
Dyvid Goldb¢rg lappoinl¢d on 20 January 20201
SimL)n Nathan HirsLh (appointed on 20 Jimuary 2020)
Dr Maurice Klajman (appointed on 20 Janudry 2020)
David Klass lappoinl<d on 20 January 2020)
Ricky Darren Noimark (4tpptsinle(l on 20 January 2Q201
Graham Woolf Summers (appointed on 20 January 2020)
Shraga Shalom Zalizman (appointed on 20 January 2020)
None of the truste¢s have any beneficial interest in the charity.

Report of the Trustees of
Hendon Adath Ylsroel CongreBatlon CIO
For the per5od ended 31st March 2021
Appointment of trustees
At the first Annual CIeneral Meeting (AGM) of the members, the First Charity Tru%ttts shall retire 2nd at cach
subs¢qu¢nt ACJM all th¢ Charity I'TUStees (including the Executive) shall retire from oifiLe. At eaLh AGM the
members of ihc C'IO shall then appoint th¢ Charily Truslecs and the Executive for the then fullowing year,
subjcct lo the provisions ol'clause 16 Ol-lhe C'onstilulion.
'I'h¢ dppointmrnl uf thc Lhariiy Truslee.% and the ExeLutive dt eaLh such AGM shall be determined by way of
sccret ballol cast by the m¢mb¢rs of th¢ CIO pr¢scni al thc m¢¢ling IDgether with p05tal. email 01 proxy voles
sent or lodged with the 8ecretary of the CIO in ftdvan¢e ofthe m¢¢ling. in ac¢ardallce with such r¢quireTnents
a8 the Ihen exi.sting Botwd ot. Management shall require.
If either the Charily Truslccs andlor the Ex¢¢uliv¢ ar¢ unopposed al any AGM and Ih¢r¢ is therefore no
cl¢¢lion. th¢ Charity 'fru5tees andloT the F.xecutivc shall aulomalically be Teappoinl¢d and continu¢ lo serve
lor th¢ following year, subje¢l lo the proviyions ol'clause 16 of thc Conslilu(ion.
FiNHnii*l rcv5ew
'I'he total in¢om¢ ol'ih¥ Charity in Ihe period was £875.627 of whiLh £248.560 was re51ricled and the
remaining ballin¢¢ £627,1107 was unr¢slri¢l¢d.
The total expenditure for thc pcriod was £460,063 out of which Ihe charity spenl £146,848 on
rcslricled churitable aLlivitie5.
I'he lund5 earried forward lo the follvwin8 linanlial yeur are £465.564 which inrlLid¢s the TebiriLleil
funds of £136.909 and the unrestriLted lunds amount of £328,655. '1'h¢se funds will b¢ #v#ilablL for
future Lharitable purposes.
Reserve poliey
It is th¢ poliiy ol'ihe ¢harily that unreslricled funds whiLh have ntst been designated for a spccific use should
be maintained at a level equivalcnt lo bclween three lo Six m()nihs' ¢xp¢ndilur¢. Tl)e Iruslccy consider that
reserves ai this Icvcl will en8ure that, in ihe evenl ol-a 5igniticant drop in funding, they will be able to continu¢
th¢ eharity's ¢urr¢nt a¢iivilies while ¢un%idvTatii)n is given lo ways in which additional fund5 may be rlli¥ed.
This level of r¢y¢rv¢s h#s bc¢n maintained Ihrou8houl the year.
The Iruslees have asse55ed the major risk8 to which the charity is exposed, and are salisfi¢d that systems arc in
place Iv mili¥alc exposure io the major risks.
DAtA protection legislatio
The trustees hav¢ lak¢n n¢r¢ssary action5 in implcmcnling laws and regulations regarding the GDPR and data
protection act and will continue to comply with th¢ Chdriiy Cummission i¢gulalions and Ihc law in ¢hi5 regard.
Publlc benefjt
In running the Charity. the trustees have complied with their duty under s￿lI0n 17 of the Charities Aci 2011
lo hav¢ regard lo thc puhlic benefit guidance published by the Charity Commission. Thc activities that the
Charity ha8 ca￿led out to achieve this have beet) covered in detail earlier in this rcpott.

Report of the Trustees of
Hendon Adath Yisroel Congregatlon CIO
For the period ended 31st March 2021
StAtement of trugtees. r￿ponsibilitieS
The tTUStee¥ are responsiblc for prcparing the 1'rnstees' Report and the financial statements in aeeordance with
applicable law and the lJnited Kingdom ALcountin8 Standard5 including financial Reporting Siandard 102
The f+inanci171 ReporiinR Stdrtdard applicable the UK Reptlblic ofjreland (unit￿ Kingdom Gcncrully
Accepted ALLounling Practice).
The law applicable to charitie5 in England & Wales requires the tTUStees to preparc financial statements far
ea¢h financial y¢ar which giyc a true and fair view of the state of affairs of the Charity aftd of the income and
expenditure of the Charity for that ￿riod. In preparing these financial.4talementS, the trustees are required to..
select suitable accounting policies and Ihcn apply Ihctn consislcntly-
observe the methods and principles In the charilies SORP.,
make.judgmentg and aeeounting estimate8 ihal are reasonable llnd prudent.
slate wh¢iher applicable accounting Standards have been followed. subject lo any matcrial
departur¢s diKlos¢d and explain¢d in ihe fin&n¢ial slatemenl.q' and
pr¢purc thc financial statcments on & going Loncem basis unless il is inappropriat¢ lo prc$um¢
Ihdl Ihc Charily will continuc in bu8ine.ss.
I'h¢ Irusl¢¢s ar¢ responsible for maintaining proper dccounlin8 records which disclosc with Tca8onable
accuracy at &ny timL Lh¢ fin8llLi81 position of the Churity and ¢nabl¥ Ih¢m to cnsurL thdl th¢ finanei&l
ytUl¢￿ents Lomply with the Charlties ALt 201 I, the Charity (Accounts and Rcporisl Regulation$ 2008 and the
provisions of the Irubl d¢¢d/¢onsliluli(Jn. They are respon%ible for safeguurding the usse15 of the Charity
nd hence foT tukin8 reasonable sl¢p$ for th¢ prevcntion and dclcclion of fraud and other irre8ularilies.
The Iruslces are rvsponsible lor the mainlcnancc and integrity of the Charity und financial infumidtion
included (In the Charity's webgitc. Legislalian in the Unil¢d KinBdoin ¥ov¢rnin8 the prcpthralion and
diE8emination of lindllLial statcmenls m¥4y diITer from1¢8islaliTrn in olh¢r jurisdictions.
The trustee5' reprjrt has been approved by thc irnslces on . 13
?•ki......-.. 4nd ¥ign¢d on their beh¥ifby'
Adrl&n Jacobi
TrustLC

Independent Fxamintr5' Report
To the'frustees tsf Hendon Adath Yl$roel Congregation CIO
I report lo the trustees on my examination Of the &ccounts ofthe Hendon Adath Yi8roel Congrc8ation CIO for
the period ended 31 MurLh 2021.
Re5pDn5ibilities basis of report
As the charity ITUStees you are regp(bn5ible for the preparation of the aceounls in accordanc¢ with the
requirements of the Charities Act 2011 I'the Act'l.
I report in respect of my ¢xaminalion of the charity's acLuunls carried out under $eclivn 145 of the 2011 Act
and in Larying out my examination I have fullowed all the applicable Direction.$ given by the Charity
Commission under seLtion 145151(b) of the Act.
Independent ex4mlner's $ta¢ement
Sinc¢ the charity'$ gross inLome exLe¢d¢d 1250,1100. I conlimi that l am qualified ts) und¢r18ke the
examination beLaus¢ l am a member ol-the ILAEW, whiLh is onl of the listed iKxIi¢s.
have completed my examination. I confirnl that no matLrial matters have come lo my allenlion in
conneLtiun with the cxaminalion giving me cause lo believe that in any material rcspecl:
accounting records were not kept in respeLt of the Trust as required by section 130 of the
2. th¢ a¢¢ounts d(? not ACCOTd with those records. or
3. the a¢L(Trunts do not comply with the applicable requirements concerning the form and
content of llccounls sel i)ut in Ihe Charities {Accounls and Reports) Regulations 2008 other
Ihan any requirement that the ac¢ounts give a 'lrue and fair view whiih is nol a matlvr
Lonsidered as part ()f an independent examination.
I have no ¢oncern8 and have come acr(Iss no other matt¢rs in connection with the examination to
which altention should be drawn in this report in order lo enable a prop¢r understanding of the
accounts to be reached.
Anihony Lptun BA FC.A CTA FCIF
Gnldwins
ChArtered accountAnt8
75 ma￿rOVe Road
West Hamp¥teMd
l.ondDn NW6 2LG
14 June 2021

Hendon Adath Ylsroel Congregatlon CIO
Statément of financial actlvltles Ilncludlng Income and Expendllure aGGount)
For the parlod 8nd8d 31 March 2021
2021
Unrejlrfcted
lund8
Ro8trlcted
funds
Total fund8
Not¢
Incom• from:
Don8lion5 and legarAes
Chantable activltles,.
Advancement ol the orlhodox Jewish faith
InYegtmÈnl ineomt
Other income- HMRC Job R•t•ntion Schernè
278.318
278,318
315,400
153
248.560
683,960
153
Total Incom•
627.067
875 627
exporKlltur• on..
Ralslng lunds
Charbtable actlvltl•
Aclvancemenl of the orthodox Jewish falth
Othgrs
22,300
22,300
29J,915
146.848
437,713
Totil •xp•ndllurg
313115
460.063
Not Incom• I l•xp•ndbtur•l b•for¢ ngt g•ln$ I Ilo•••$l on
Invo•lffl•nt¥
313,862
101,712
415,584
Nel galns I11068esl on inve8lrnent8
N•t Incom• I l•xp•ndltur•l for tho y••r
313,852
101,712
415,fj64
Transf8fS beh¥een funds
N•t Incom• I19x￿ndItyrnl boloro oth•r rKognl8od galni
and 108S•S
14
14.803
14,803
328,856
86,909
415,064
G8ln8 1 Ilosgesl on revaluallon olffixed 888ets
Mot mo¥om•nt In fund•
328,868
81909
416,564
R•c¢n¢llSotlon of fund8:
Total funds brought foTWOrd
50,000
Total fund8 carrlod lopHard
328 668
136 909
466 584
All of above reaults a￿ derlved from ¢y)niinulng Bctlvltles.
There were no other recogn15ed gain5 or1085e5 other than th08e ststed above.
The altach8d notes form pgrt of these flnanel8I8tatern￿t$.
Page18

Hendon Adath Yisroel Congregallon CIO
Balance sheet
As at 31 March 2021
2021
2021
Nolo
Flxod assets:
Tangible assets
295,524
295,524
Curr•nt a8s•ti:
Debtors
Cash 81 bank 8nd In hand
10
99,908
203,252
303,160
Llablllll•$:
Creditors: amounts falllng due wlthln on8 year
11
133,120
Not curront asset•
170,040
Total a8•0ts l•s• current Ilablllti
465.664
Credllors.. amounts fallln9 due 8fteT one year
Tot•1 not a•••ts
Th• fund$ of th• charlty:
Restricted funds
Unre81ricled funds..
General funtt8
Total unrestrlcted lund$
14
136,909
328,655
328,855
Total chlrlty fund•
Approved by the Iruslees on
and signed on Ihelr behalf by..
Adrlan Jacobs
Tru$t••
The attached notes form part of the financial statements.
Pa8e19

Hendon Adath Ylsroel Congregatlon CIO
Statement of cash flows
For the period ended 31 March 2021
Nota
2021
2021
Not cash provldèd by l {usèd inl op•rating aclivitioB
15
282,506
Cash flows from Invostlng actlvltl•A'.
Inlerestl renv diwdends from investments
Salel (purchase) of l(xed 888els
153
79.407
Cash provldèd by l {uMd In) Inv•stlng IlCtl¥ltlgs
179,254)
Cash pro¥ld•d by l {uJ•d Inl Ilnanclng actlvltl••
Chang• In cash and c••h ¢qulv•l•nt• In th• y••r
203,252
Cash and cash equlvalenlg 81 the beginnlng of the year
Ca•h and ca8h •qulval•nt• at th• •nd ol th• y•*r
16
203.252
Pa8e 110

Hèndon Adath Ylsroèl Congr8gatlon CIO
Notes to the flnanclal statements
For thè pèrlod énded 31 March 2021
Accountlng pollcles
•) Ba#ls of prgParntlon
The finanrJ81 8tsteTr*nts have been prep8red In accordance with Aecwniing and Reportin9 by Char￿.e5.. Statement of
Recomtnended Pradice appllcable kn charities prèparing their accounts In awordance wllh th8 Financlal Reporllng Standard
applicaNe In the UK and Republic of Ireland IFRS 102- eff8ctive 1 January 20151- (char￿e$ SORP FRS 1021.
Hendon AdBlh Yi5roel COngreg81￿)n CIO me8ls definltlon of a publlc benefit enlty under FRS 102. Assets and Ilabilllies arè
In￿oI1Y reeognised at historical LX)8t or ltans8ct￿fi value unless othe￿1$9 8t8te(J th the Trkvanl 8rxounling Wlcy or note.
bl Golnq con￿rn
The tru51ee8 consider that there are no material uncertainlSes about Hendon Adalh Yisrael Con9regalon Clo's obillly to conunue
a8 8 golng concern. The Irusiees do not consider thai Ihefe are sources of esb'matlon uncertalnly 81 the reporbng d819 that
have a signifi'cant risk of causing a malerial 8dju8tment lo the carrylng amounts of 8$sets aThJ li8bllltse5 within the next repDitirrfJ
perlod
I lfteome
Income Is recognised when the charlly hBS enllllement lo th8 funds. any pertomiance condillons attached lo the IrKeme have
been mel, ￿ is probable that Ihe Income wlll be reeelved and thai thtr amount con bg mèa•ured r￿l￿trIy.
Incx7me from government 8nd Other grènis, whether 'eapiial' grants or 'ro¥enue' grants, Is recL¥nlsed when the charity has
ènllll•m8nl 10 th8 lund$, any F4rtoFm8nce Eondllions attached trj Ihe grants have been mel. il 18 probable t￿¢ Ihe income bwll be
received 8nd the amount c8n be measured rellatily and 18 not éeferr8d. Income rec•lved in advBnc8 lor the provlslon of speclfled
8efylee is delerr8d until thè G￿terIa lor Ir￿Orne reCognI￿on are rnel.
For legades, enlltlemenl is IBken Es the eart￿r of the dale on wh￿h ether.. the chanty IJ 8w8re tr81 probate has been granted.
the eslale has been flnalised and n￿lI1¢alk)n h8s been made by Ihe execulorlsl lo the chanly that a dislrlbullon wlll be fflade, or
when a dlstribudon 59 ￿ceIVed frorn Ihe E8lale. Receipt of 8 legacy. In whole or In p8rt, Is only cDn8idered probable when the
arnounl can be measured rellably and Ihe charity ha$ been notified of the ox0CUtor's InientiLr 10 make a distylbullon. Where
leoadefj have been novfied lo thè eh8rity, or th8 eh#rtly 18 aw8re of the grantlng ol prob818, 8nd the crlterl8 IDr Incr*ne recognllK
ha¥e not been mel, then the legacy Is a Ir8818d 88 a contlngeni a$8et 8nd dhdosed If molerjal.
Incomè r•e•h•d In 8dVa￿ ofth? provl8lon of¥ $p?clf*d servte 1$ rfeferred unll th8 crileN8 for InrL)me recowillon are mel.
dl Oon•tlon• ol¥ln•, Mrylc•• and faclNtle•
Donated profe8slon81 services and donated facllllle8 art recogni$ed a# intome whèn the chÈrily has control over the btem or
received the servlce, any conditions as80cla18d with Ihe donallon have been met, Ihe receipt of econom* benefit from the use by
the ¢h8rlly of Ihe Item 18 probable and Ihal econofflic bvnefil can be measured reliably. In 8ccordanc8 with the Chanlies SORP
IFRS 1021. volunteer tlrno is not r8coani8ed so refvr to Ihe tru$lee8' annual report lor more Inlormallon aboul their contrtbution.
On reulpl, don8ted gffts, wofe8slonal seFvlce$ and donated lac4lilKg8 are fecogni88¢J on the b881s of the valuo of th6 olft to the
charty whlch 1$ tho amouni IhB charfty would have been wllllng lo pay to ¢ty1oln $eNlce8 or fa¢llllie$ of equlY8lenl econon#c
benefit on the open mathel,. 8 corre$pondlng 8mounl Is then ￿¢0￿lse￿ in 8¥pendiluffj in Ihe periud of receipt.
èl Int•r•#t r•e•lvab
Interest on fund8 held on deposit 15 inctyjded when receNable and the 8mounl can be measured rd18bly by the ¢harty,' Ihl$ l•
nwnglly ypon Th0llt8ll￿ of Ihe Inlere6t pak1 ￿ pay8ble by the bank.
fj Fund •¢¢¢xtn¢lng
Unresldcted hJnd5 are available lo spend on 8cti¥llie8 th81 further any of the wrpo$e$ of charity. Des￿nated funds are
unresiricled funds of the charity which Ihe Iru5tees have declded al their discretion lo sel aslde to use for a sperJlt purpose.
Re8tncled fundg 8re donations which the donor h88 Specified are to be solety used for p8rlicular areas of the charrtls wolk or for
8peciflc projects being undertaken by Ihe charity.
Page 111

Hendon Adath Ylsroel Congregatlon CIO
Notes to the financlal stalement¥
For thg porlod onded 31 March 2021
Ac¢ounisng poll¢lès leontlnuodl
gl Expondlturn and Irrecoverabl• VAT
Expendilure 18 recogni5ed once there 18 a legal or constructive obliggbw lo make 8 pay￿￿nI to a third party, It18 probabk that
88tUemenl wlll be requlred 8nd t￿ amcxjnl of the obligaiiDn con be rnea5ured Idiably. E¥pendltuie 15 classth8d und8f Ihe
l¢llowng actfvity headlng5'.
C08ts of r8lsSng funds comprlse of trading rosls and the costs incurred by the charity Sn induang third p8rti88 to make
voluntsry conlrfbullons lo It, a5 W811 a5 th8 CO8t of any a¢livllles with a fundraising purpose.
Expend[lU￿ on charltable a¢lSvll￿S Includes the eosts of délivèring servic85 undertak8n to futher the purpJ88s of Ihe charlty
nd Iheir 8SSOCl8ted 8UPPOrt co$l$.
• Qher eX￿ndIture reprtsen19 those ilerns not falling into any other headlng.
Irrecoverable VAT Is charged as a cost against the adivity foi whlch the expendlture w85 Incurred.
h) Allocatlon olBupport costs
Expenditurè Is allocated lo the particular activily where the ¢0&1 relates dlrectly lo Ihol aclivty. However, Ihe cost of ov&r&l
dlr8cllw almlnisiralic*n of eKh aclfvtylg aprthknned on basls of BtBff tlTh.
11 Oporotlng Iga
A￿1￿1 charges 8r8 charged on a straight Iln8 bB8I8 overthe term of Ihe lease.
11 Tan9lbl• Ilx•d a*￿tI
Items of equlpmenl are capiiall8ed where Ihè purcha88 weè exceed8 £SOO. D8pr8clatlon IF provlded at rates c81culaled to wrlle
down Ihe ¢osl of eo¢h 88$et lo ils ￿lMated residual value over 11$ expected useful lrfe. The dep￿￿011¢n raie$ in ortr #S
follow$."
Fr8ehokl land & bulldlng
Furnllure and ewlpmeni
25% reduclng balance
kl D•btor•
Trade and ¢)ther debtor$ are recognleed at Ihe 8ettlement amount due after any trade dlscount ¢ffer6d. Pr•paym•nis arts valued
at Ihts amount pr4paid not of any Irade dlscounts du•.
11 ¢aJh at b•nk •nkl In h•nd
Cash 81 bank and cash In h8nd In¢lu¢e8 ¢a$h 8nLI fjhort term hl9hly Ilqulo Inveslmenig a Short m8turity ef threè months cr
les$ Irom the dale of 8cosJislllon or O￿nIng of deposit ef slmllar account. C88h balances exdude any fuTrJ8 hek1 on behalf cl
J8niKe u$er8.
ml Cr•diior• and pr¢wl#S0rt1
Credllors and wovisions are reeognis•d whèrè thè charity has a pyesenl cbllgalbn r•sulUng from a payt event thal ￿11 prob8bly
fèsurt In th? transfer of fuTh18 to a Ihlrd party and the amount due to 8eive the obllgoiion can be me89ured er e8tlmat8d rel1#￿y.
Cr8dllor$ 8nd prcvi*onJ I￿ nomalty iecognis8d 81 théir 58ttlèmonl amount after all￿ng for 8ny trade d15wunt8 due.
n) Fln•n¢lal In•trum•r
The charlty only has flnanclal 888els and fln&ncial Ilabililleg Df a kind that qu￿lty B8 baslc flnand81 In8lnJrwnls. 8a81c flnanclol
Inytruments are Initially recognised al Iransacllon value and Bubsequenlly measured at Ihelr Settlemenl value wllh the emception ol
b8nk bon$ whlch arFJ subsequenly mea8ured ai am0￿'Se￿ o)gt using thè tff8etwe inièmst Tnelhod.
ol Ponslon•
The charity operale8 Stakehjder pens1￿ scheme.
Page112

Hendon Adath Ylsroel Congregatlon CIO
Notes to tho ffnanclal statements
Fortho perlod ended 31 March 2021
2 Incom• from donaiion¥ ond 19gaclg¥
2021
Tot•1
Unreslrlctsd
Rastdctad
Donallons
GtA
2e9.744
8.574
269,744
8,S74
278.318
278.318
Donatlong In¢lu(le the npt gS8e18 tfan51erred from HendoTh Adath. the old enttty.
3 In¢orno from charltabl• actlvltl••
2021
Total
UnTes￿¢ted
Restdcted
Sefer Torah
Burlal Socl•ty
CST (gates. len¢8s & CCTV)
Kol Nldre5 Appeal
Bl-Annu81 Appeal
W81f3re
Rov Appèal
S8thJriiy donBlion
Co¥￿-19 Appeal
Hendon Adath Lld (c￿)nneCted charityl
Membershlp
Seals
Offerlng8 and Mag8zlne
Yahrzeit lights and Omud Yomi Spon8or9hlp
Wedding8. lunctioThs and hire ol hall
53.114
26.549
81.331
13.003
55.486
8,161
9.212
18.856
2,848
63,114
26,649
81,331
13,003
55,486
8,161
9,212
18,856
2,848
8,000
134,148
70,5•4
95,780
S.IXJO
134.146
70,594
95,795
9.530
335
33
315,400
248,560
4 Inwn• from lrtw••lm•nts
2021
Unreslricted
Restricted
Total
Bank Intere$l
153
153
153
163
Page113

Hendon Adath Ylsroel Congregation CIO
Notes to thg financlal statements
For the perlod énded 31 March 2021
Analysls ol•xpgfMllturo
Cost of
r•lslng funds
Charltabl
actlvltl•$ Support
2021 Total
staff costs (Note 7
Dlred ¢o$ts
Grants and (lonallms
Sefer Tofah
Burlal Society
Synagogue expen6e8 an(J services
Kldtjush expenses
Securfty guards
Cov1￿19
Support ¢o•ts
ONlce expen888
Rale8
Insurance
Repairs and maintenance
Telephon8
Light and heal
IT expen8es
Bank, creilll card and paypal charg8S
Prlnling postage and Stationery
Independent ex8miner'8 l•eg
Oewecialion
Bad debt
12,298
147,575
61.489
221,382
74,488
27,536
26,549
9.062
8,394
11.822
7.913
74,488
27,636
26,549
9,062
6,394
11,822
7.913
3.876
4.164
6,690
27.500
4,992
2,988
7,271
1,338
5,297
3,600
893
3,676
4.164
6.690
27,500
4.992
2.988
7,271
1,383
5.297
3.600
693
6,703
25
6,703
12,323
9,977
318,042
119.721
129,898
1129,6981
460.063
Support costs
2021 total
22,300
437.763
460,063
Of total expenditu￿, £313.215 was unrestricted and £146,848 wa$ re$lrth¢.
Page114

Hondon Adath Ylsroel Congregation CIO
Notes to the financial statgmonts
For the
orlod ended 31 March 2021
N•t In¢om• I1oxp•ndltur•) tor th• yo*r
Thls18 Staled after ch8rging I Icredltingl.,
2021
Depreciation
Independent examinerfs fees
693
3,600
Analy•l• ol 8taff ¢￿tI, trusteo romunerallon and •xp•ns•s, •nd th• ¢o•t ol k•y m•n•g8m•nt
p•r•onn•l
Stalf costs were as follows..
2021
S8larfe8 and wages
Social security costs
Employer'8 ¢onlrlbullon to deflned penslon scheme8
167,781
12,193
41,388
221,362
No employeè eamed more than £80,000 dudng the year.
The total employee b8n8fits IncludSng penslon and national insurance ¢onlrfbull¢ffls of the key
management ￿rsonnel £133,782.
The trustees were not pgld or rec•lved 8ny olhef beneflls Ifom employment the CIO in the year.
Nellher were they reimt)urseiJ expen8es during the year. No trustee5 recelved payment lor professional or
other 8eMce8 8uppll8d to the charlly.
8tsff numb•r•
The averag8 numtér ol employees (head count based on nurnber of staff employed) durlng the year wa8
88 follows..
2021
No.
Fundralslng
Charitablg actlvrtI&8
Support
Pa8e115

Hendon Adath Ylsroal Congregatlon CIO
Notes to the flnancial statements
For the perlod ended 31 March 2021
Tanglbl• Ilx•d assets
Freehold Furnlture and
Propety
Equlpmenl
Total
Cost
Al the start of Ihe year
Addl￿On$ in year
DSsposal8 in year
Al Ihe end ol the year
214.038
79,407
20,487
234,525
79,407
293,445
20,487
313,932
Oepreclallon
At the 51art ol the year
Charge for the year
Ellminaled on disposal
Al the end ol the year
17,715
693
17,715
693
18,408
18,408
N•t book valuo
Al the end ol the year
293.445
2911.524
At thg $1grt of the year
214.038
2,772
216,810
All ol the above assets are used for charltable purp08e8.
10 D•btor•
2021
Other debtors
Prepayments
99.908
11 Cr•dltOf•.' am¢unt• f*lllng du• wlthln on• y•ar
2021
Other creditors
Taxaiion and social 5ecurlly
Accru818
Deferred Income Inote 121
36,977
4,957
4,569
86,617
133 120
12 Dèferred Incom•
Deferred income comprise8 Burial Society lunds in advancè of £8,565, m8mber5hip Income in advanc8 of
£60,414 an(J seal fees in advance of £27,6J8.
2021
Balance at the beglnnlng of the year
Amount released to Sncome In the year
Amount d8ferre(J In the year
86,617
Page116

Hondon Adath Ylsroel Congregation CIO
Notes to the financial statomonts
For the period ended 31 March 2021
13 Analysls of not assets bèlwoon funds
General
unrestricted Designaled
funds
funds
Restricted
funds
Total
fund8
Tangbble Ilxed 888ets
Nel Current assets
295,524
33,131
29S.524
170.040
136,909
Not assets at thè ènd ol th• y•ir
328,65S
136,909
14 Movem•nts In funds
Al the start
of the
period
Income & Expenses &
g8lns
losses
At 31 M*rch
2021
Transfers
R•strlctod fvnd•
Sefer Torah
Burial Society
CST (gales, lences & CCTV)
Kol Nldrel Appeal
Bi-Annu81 Appe81
Welfare
Rov Appeal
Security donallon
Covid-19 Appeal
53.114
26.549
61.331
13.003
SS,486
8.161
9.212
18,856
2,848
127,5361
126,5491
25,078
61.331
113,0001
143,4401
18,3281
18,2621
111,8221
17,9131
131
112,0461
185
19501
17,0341
5.085
50,000
so,000
Total r•*trlct•d fund•
146,848
14,803
136.909
G•noro1 lunds
627,067
627,067
1313.2151
313,215
14,803
328,655
328,6SS
Total unr•strlctod funds
14,803
Tot•1 fund•
50,OOQ
87S,627
460.063
465,564
Purpo•o• ot rn•trl¢t•d fund8
1. Sefer Torah Fund
al the beglnning ol Ihe cov￿1 Pandemic. over £50,1)00 was raiyed from th
members to have written a new Sefer Torah for the Shul for the Reluoh ol our rnember5 wtto were slrvck
down by It. These fund5 are now being used to pay lor the wrlting of It in Installment9 and 8180 for thg
celebratlon when It Is brought to the Shul.
2. Burial Soc￿ty- For those members who are members ol Ihe Adath Yl8ro81 Burlal soci•ly we ￿llect Ihelr
lees on behalf of AYBS and then pay them over lo AYBS.
3. CST - a grant was received Irom CST to cover the costs of thg inslallauon ol a new w811, fences and
gates together wllh oddltbnal CCTV camera8.
4. Kol Nidrei Appeal - monles raised on Kol Nidrei nlght to support the Shul and char￿19$ both In th[8
country and abroad.
5. Bi-annual ap￿81 - io raise funds for local people In th8 communlty lo help wrth the cost of Pesach &
Rosh Hashonoh.
6. Welfare- funds donated by Members durfng the year lo help poor lami11tr5 in thp communlly.
7. Rov Appeal- lunds donated by rnembers lo be distributed al the discretion ol the Rov.
8. Security don81ion
funds collected ITOM members together wth grants from CSTI the government to
help towafds the Security costs incurred by the Shul.
9. Covid-19 appeal - fund$ raised from members lo cover both the Ioss of income from activities
suspended 81 Ihe Shul and 8130 increased costs arising from the protective measures employed by th¢
Shul due to Covid.
Page117

Hondon Adath Ylsroel Congregation CIO
Notes to the financial statements
For the period ended 31 March 2021
15 R•conclllatlon ol net Income I lexpendllur¢) to net ca$h fl+)w Irom op•ratlng actlvRIo$
2021
Not Incomo I l•xpgndltur•l lor th• roportlnq perlod
las por th• stat•m•nt of fln•ncl•l •ctl¥ltles1
Adlustm•nts for:
Oeprecialion
Intere51, rent and divhdends from inv88tm8nis
Flxed 85sets transfer
Fund Iransler
Ilncrea$ell deeJease In debtors
Incre86el Idecreasel in creditors
N•t cash provldod by l {u•od Inl op•r•tSng actlvltl••
415.564
693
111531
1216.8101
so.000
199.9081
133.120
282,606
16 Analy•l8 of ca•h and ca•h •qulv•l•nt•
Al the start of
the peflL>a
Al 31 Mareh
2021
C88n flowg
Cagh al bank and In hand
203,252
203,252
Total ca•h and ca•h •qulv•l•nt•
303,215Z
103,252
17 Op•Yatlng l•*•• c¢)mmltm•nt•
The ch8rlty ha8 fKJ future payments under non-can¢ell8ble operalln918ases.
18 R•l•t•d party tran•a¢tbon•
During Ihe year the chafily received a donotion of £5,000 Irorn Hendon A<1alh Ltd. a conneiaed chadly.
Pa8e118