**Charity registration number 1201165** **SALE & DISTRICT HEBREW CONGREGATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **SALE & DISTRICT HEBREW CONGREGATION LEGAL AND ADMINISTRATIVE INFORMATION** ## **Executive** **President** A Nysenbaum **Trustees** C Michaels J Newman A Nysenbaum **Treasurer** J Greene |**REFERENCE AND ADMINISTRATIVE**|**INFORMATION**| |---|---| |**Charity number**|1201165| |**Principal address**|12a Hesketh Road| ||Sale| ||M33 5AA| |**Independent examiner**|Ms Kimberley Walsh| ||KJW Accountancy| ||1492 Pershore Road| ||Stirchley| ||Birmingham| ||B302NT| |**Bankers**|National Westminster PLC| ## **SALE & DISTRICT HEBREW CONGREGATION CONTENTS** ||**Page**| |---|---| |Trustees' report|1-3| |Independent examiner's report|4| |Statement of financial activities|5| |Balance sheet|6| |Notes to the financial statements|7 - 12| ## **SALE & DISTRICT HEBREW CONGREGATION** ## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The trustees present their annual report and financial statements for the year ended 31 December 2024 The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). ## **Objectives and activities** The objects of the charity are:- a) the advancement of the Orthodox Jewish Religion for the benefit of members and the public by the provision of a place of public worship, arranging and conducting religious services b) The provision and promotion of education of members, general public and groups such as schools and scouts/guides by means of various talks During the year the charity continued to solicit for donations and membership renewal fees with the aim of pursuing its objectives. The charity has a continuing obligation to members who have opted to include burial in their membership. The charity will bury those members upon death on the burial grounds owned by the charity. The charity maintains those burial grounds on an ongoing basis by arrangement with an unconnected 3rd party trust who operate and maintain the cemetery. The trustees consider that there are adequate resources to cover member funeral cost and burial ground maintenance. In the longer term realisation of charity's assets will more than cover any and all burial requirements when they fall due. The trustees have considered whether a restricted fund is needed and have deemed it unnecessary. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The trustees have complied with their duty under section 4 of the Charities Act 2011 to have due regard to the guidance on public benefit published by the Charity Commission. ## **Achievements and performance** During the year the charity continued with the provision of regular Sabbath and other religious services. The administrative and reporting functions continued to be reviewed during the year and, where necessary, steps were implemented to improve the administrative operations and information flow within the organisation. - 1 - **SALE & DISTRICT HEBREW CONGREGATION TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **Financial review** The charity received total income of £47,144 (2023 - £43,277) including subscriptions and donations from members of £24,504 (2023 - £22,627). After accounting for Synagogue expenses, grants made and administration costs the charity had a deficit of £10,783 (2023 - £7458), which included grants made totalling £350 (2023 - £330). The most significant contributor to the increased deficit was the cost of the synangogue's 80th anniversary event. At the end of the financial year the reserves of the charity were £164,636 (2023 - £175,419), which the trustees have approved. . The trustees conclude that the reserves are adequate to provide continuing services for the forseeable future The trustees have conducted their own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. The major risk faced by the Synagogue is that of the adequacy of income to cover all its expenses. In order to minimise this risk the trustees review members' contributions and return on investments at regular intervals. ## **Structure, governance and management** Sale & District Hebrew Congregation became a registered charity on 28/11/2022, and is governed by its laws adopted on 02/06/2019 as amended by special resolution on 13/11/2022 The trustees who served during the year were: Colin Michaels Joe Newman Anthony Nysenbaum The power of appointment of new or additional members is vested in the trustees. The charity is organised so that the trustees meet regularly to manage its affairs. Mr. A. Nysenbaum has been appointed by the trustees to oversee the day to day operations of the charity. The charity has no related party relationships as defined within the SORP. - 2 - ## **SALE & DISTRICT HEBREW CONGREGATION TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. 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. On behalf of the trustees ## **Mr A. Nysenbaum** President 31/10/2025 - 3 - ## **SALE & DISTRICT HEBREW CONGREGATION** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF SALE & DISTRICT HEBREW CONGREGATION** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ I report to the trustees on my examination of the financial statements of Sale & District Hebrew Congregation ('the charity') for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Ms Kimberley Walsh** ## **Independent Examiner** KJW Accountancy 1492 Pershore Road Stirchley Birmingham B30 2NT - 4 - ## **SALE & DISTRICT HEBREW CONGREGATION** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ **----- Start of picture text -----**
Unrestricted Unrestricted
funds Total funds Total
2024 2024 2023 2023
Notes £ £ £ £
Income from:
Donations 3 3,254 3,254 3,535 3,535
Subscriptions 4 21,850 21,850 19,692 19,692
Other Income 5 22,040 22,040 20,050 20,050
Total income 47,144 47,144 43,277 43,277
Total expenditure 6 57,927 57,927 50,735 50,735
Net movement in funds (10,783) (10,783) (7,458) (7,458)
Burial Fund transfer out 0 0 (1,250) (1,250)
Fund 1 January 2024 175,419 175,419 184,127 184,127
164,636 164,636 175,419 175,419
**----- End of picture text -----**
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## **SALE & DISTRICT HEBREW CONGREGATION** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2024**_ **----- Start of picture text -----**
2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 9 48,685 49,711
Investments 50 50
48,735 49,761
Current assets
Debtors 10 11,021 14,490
Cash at bank and in hand 107,030 115,123
118,051 129,613
Creditors: amounts falling due
within one year 11 (2,150) (3,955)
Net current assets 115,901 125,658
Total assets less current liabilities 164,636 175,419
Members funds
Unrestricted funds 164,636 175,419
**----- End of picture text -----**
The financial statements were approved by the Trustees on 31/10/2025 |C Michaels|J Newman|A Nysenbaum| |---|---|---| |**Trustee**|**Trustee**|**Trustee**| - 6 - ## **SALE & DISTRICT HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## **Charity information** Sale & District Hebrew Congregation is a registered charity, and is governed by its laws adopted on 02/06/2019 as amended by special resolution on 13/11/2022. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Unrestricted funds are membership contributions, donations and other incoming resources receivable for the objects of the charity without further specified purpose and are available as general funds. ## **1.4 Incoming resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation. Legacies are accounted for on a cash basis. - 7 - ## **SALE & DISTRICT HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## **1.5 Resources expended** Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Resources expended are recognised in the period in which they are incurred and are allocated to the particular activity where the cost relates directly to that activity. The cost of overall direction and administration, comprising salaries and overhead costs of the central function, is not apportioned. ## **1.6 Investments** Investments are included at market value at the reporting date ## **1.7** ## **Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings & equipment 20% straight-line Sefer Torah Scrolls 5% reducing balance Equipment 25% straight line Portacabin 20% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.8 Impairment of fixed assets** At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.9 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.10 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. - 8 - ## **SALE & DISTRICT HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. - **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. ## **3 Donations** |Donations
Hire of Hall|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2024**
**2023**
**£**
**£**
2654
2935
600
600
3254
3535| |---|---| - 9 - ## **SALE & DISTRICT HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ **----- Start of picture text -----**
4 Membership contributions
Membership Membership
contributions contributions
receivable receivable
2024 2023
£ £
Contributions from members 21850 19692
5 Other Income
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Burial fund - plot sales 9,000 7,500
Gift Aid 3,992 3,645
Interest receivable 4,406 4,131
Security Grant 4,512 4,690
Other income 130 84
22,040 20,050
6 Expenditure
2024 2023
£ £
Personnel & related costs 17,638 19,292
Security costs 5,622 5,819
Funeral costs 7,500 3,942
Burial ground maintenance 4,200 4,200
Kiddushim, events & hospitality 7,855 3,842
Insurance 3,856 2,986
Depreciation 1,805 1,793
Other costs 8,951 8,361
Independent examiner fee 500 500
57,927 50,735
**----- End of picture text -----**
- 10 - ## **SALE & DISTRICT HEBREW CONGREGATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **7 Trustees** No trustee (or any persons connected with them) received any remuneration, other benefits or reimbursement of expenses from the charity during the year. ## **8 Employees** There were no employees during the year. All personnel are self employed contractors ## **9 Tangible fixed assets** |**Cost**
At 1 January 2024
Additions
At 31 December 2024
**Depreciation**
At 1 January 2024
Depreciation charge
At 31 December 2024
**Carrying amount**
At 1 January 2024
At 31 December 2024|**Freehold**
**Torah**
**Fixtures,**
**Portacabin**
**Total**
**& burial plots**
**Scrolls**
**& equipment**
**£**
**£**
**£**
**£**
**£**
57,861
10,001
17,487
25,981
111,331
-
-
780
-
-
57,861
10,001
18,267
25,981
112,111
15,000
6,029
14,609
25,981
61,620
-
189
1,618
-
1,807
15,000
6,218
16,227
25,981
63,427
42,861
3,972
2,878
-
49,711
42,861
3,783
2,041
-
48,685| |---|---| - 11 - ## **SALE & DISTRICT HEBREW CONGREGATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ **----- Start of picture text -----**
10 Debtors
2024 2023
Amounts falling due within one year: £ £
Trade debtors 612 1,080
Subscriptions 2,536 4,804
Sundry Debtors & Prepayments 3,881 4,961
Gift Aid 3,992 3,645
11,021 14,490
11 Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 250 880
Other creditors 268 664
Accruals and deferred income 1,632 2,411
2,150 3,955
**----- End of picture text -----**
## **12 Related party transactions** There were no related party transactions during the year (2023 - none). - 12 -