CHARITY REGISTRATION NUMBER: 1202519 HIGHER PRESTWICH HEBREW CONGREGATION Unaudited Financial Statements 31 December 2025 G A HARRIS & CO LIMITED Chartered accountants Brulimar House Jubilee Road Middleton Manchester England M24 2LX
HIGHER PRESTWICH HEBREW CONGREGATION Financial Statements Year ended 31 December 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
HIGHER PRESTWICH HEBREW CONGREGATION Trustees, Annual Report Year ended 31 December 2025 The trustees present their report and the unaudited financial statements ofthe charity for the year ended 31 December2025. Reference and admlnlstratlve detalls Registered charity name HIGHER PRESTVVICH HEBREW CONGREGATION Charlty reglstratlon number 1202519 Principal office 445 Bury Old Road Presl¢h Manchester M25 1QP The trustees Susan Reed Ivan Lewis David Joseph lan Neville Geller Independent examiner Gary Harris, FCA Ba IHonsl Brulimar House JLJbilee Road Middleton Manchester England M24 2LX
HIGHER PRESTWICH HEBREW CONGREGATION Trustees, Annual Report (contlnued) Year ended 31 December 2025 Structure, governance and management a. Constitution Higher Preslmich Hebrew Congregation is a registered Charitable Incorporated Organisation ICIOI, number 1202519, and is constiluled under a Trust deed dated 28 March 2023. b. Methods of appointment or election of Trustees The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Recruitment and appointment of new trustees would be in line with the constitution and with the consent of the Iruslees. The criteria set for the suitable candidate would be someone who is sensitive lo the needs and demands of the organisation. There are no policies for the induction or training of new trustees. c. Financial risk management The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. The risks faced by the charity are principally from mismanagement of the synagogue. These risks are managed by having a management team dedicated to the sm(iolh running of the synagogue with cleady delineated delegation of duties.
HIGHER PRESTWICH HEBREW CONGREGATION Trustees, Annual Report (contlnued) Year ended 31 December 2025 Objectives and activities a. Policies and Objectives The object of the CIO is to advance the Orthodox Jewish faith in Greater Manchester for the benefit of the public. Religious activities include prayer services, Talmud and Bible classes. There are social activities for members and others. The CIO also hosts fund raising activities. In setting the objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefi't, including the guidance 'Public Benefi't.. Running a Charity IPB21', bl Strategies for achieving objectives The synagogue has a subscription paying membership which sustains part of the Synagogue's aclivilies. The subscription income is supplemented by income derived from donations from members and others. The Iruslees refer lo the charity commission's general guidance on public benefit when considering the synague'S aims and objectives. cl Aclivib'es undertaken to achieve objectives The main activities undertaken are religious activities including prayer services, Talmud and Bible classes," including social activities for members and others. The congregation sustained a deficit for the period, however because of the transfer of the burial board assets and liabilities to Meadehill Shul before incorporation, the trustees are satisfied that there are sufficient funds lo allow the synagogue lo continue for the foreseeable future. dl Grant-making Policies The charity is funded by donations. The charity gives out grants in line with the above objects. The application of the funds by way of grants to either institutions or individuals and is almost always to inslitulions. Achievements and performance The Synagogue's volunteers and staff together have worked hard lo increase the benefits of the Synagogue particularly when facing challenges that required an immediate response.
HIGHER PRESTWICH HEBREW CONGREGATION Trustees, Annual Report (contlnued) Year ended 31 December 2025 Financial review a. Going concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adopts'on of the going concern basis can be found in the accounting policies. b. Reserves policy The Iruslees are satisfied that the balance of the fund is at an a¢ptable level of reserves given the nature of revenue reiptS against anlicipaled future expenditure. c. Deficit The Iruslees feel that the activity and deficit reflect the standing and age profile within the local community. The Iruslees would like to record their appreciation for the financial support received from members and other benefactors throughout the year. The trustees, annual report was approved on 13 May 2026 and signed on behalf of the board of trustees by.. David Joseph Trustee
HIGHER PRESTWICH HEBREW CONGREGATION Independent Examiner's Report to the Trustees of HIGHER PRESTWICH HEBREW CONGREGATION Year ended 31 December 2025 I report to the trustees on my examination of the financial statements of HIGHER PRESTVVICH HEBREW CONGREGATION I'the charity'l for the year ended 31 December 2025. Responslbllltles and basls of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 2011 I'lhe Act'l. I report in respect of my examination of the charity's financial slalements 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 14515llbl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material mallers have come lo my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those records,. or the financial statements do not comply with the applicable requirements concerning the fomi and content of awounts set out in the Charities IAc¢ounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not 8 matter considered as Part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be dwn in this report in order to enable a proper understanding of the accounts to be reached. Gary Harris, FCA Ba (Honsl Independent Examiner Brulimar House Jubilee Road Middleton Manchester England M24 2LX 13 May 2026
HIGHER PRESTWICH HEBREW CONGREGATION Statement of Financial Activities Year ended 31 December 2025 2025 Unreslricled funds Total funds 2024 Total funds Note Income and endowments Charitable activities 59,663 59,663 69,073 Total Income 59,663 59,663 69,073 Expenditure Expenditure on charitable activities Total expenditure 79,333 79,333 86,170 79,333 79,333 86,170 Net expenditure and net movement in funds {19,6701 119,6701 117,0971 Reconciliation of funds Total funds brought forward Total funds carried forward 343,570 343,570 360,667 323,900 323,900 343,570 The statement of financial activities Includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. Th8 notes on pages 8 to 12 form part of th8s8 financial staternènts.
HIGHER PRESTWICH HEBREW CONGREGATION Statement of Financial Position 31 December 2025 2025 2024 Note Fixed assets Tangible fixed assets 10 225,680 226,004 Current assets Debtors Cash at bank and in hand 11 5,920 94,990 6,285 118,577 100,910 124,862 Creditors.. amounts falling due within one year Net current assets 12 2,690 7,296 98,220 117,566 Total assets less current liabilitios 323,900 343,570 Net assets 323,900 343,570 Funds ofthe charity Unreslricled funds 323,900 343,570 Total charity funds 13 323,900 343,570 These financial statements were approved by the board of trustees and aulhorised for issue on 13 May 2026, and are signed on behalf of the board by.. David Joseph Trustee Th8 notes on pages 8 to 12 form part of th8s8 financial staternènts.
HIGHER PRESTWICH HEBREW CONGREGATION Notes to the Financial Statements Year ended 31 December 2025 General information Higher Prestwich Hebrew Congregation is a registered Charitsble Incorporated Organisation ICIO), number 1202519, and is consliluted under a Trust deed dated 28 March 2023 Statement of Compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial statements have been prepared to give a'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a 'true and fair, view. This departLJre has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. Higher PStWich Hebrew Congregation meets the definition of a PLJblic benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost or transaction value unless otheiSe staled in the relevant accounting policy. The accounts have been prepared for the period 1 January 2025 10 31 December 2025. The Charitable Incorporated Organisalion was constituted on 28th March 2023, all assets and liabilities of the religious institution were transferred to the charity at this date. Going concern After making appropriate enquiries and given the net current asset position of the Charity, the trustees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going GOnM basis in preparing the financial slatemenls. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management lo make judgements and estimates. These include the recoverability ofdebtors and the useful economic lives offixed assets. The trustees do not consider that there are any significantiudgemenls or key sources of estimation uncertainty that would have a material impact on the financial statements.
HIGHER PRESTWICH HEBREW CONGREGATION Notes to the Financial Statements (conllnued) Year ended 31 December 2025 Accounting policies (conllnuedj Fund accountlng General funds are unrestricted funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is sel out in the notes to the financial stalemenls. Incoming resources All income is recognised once the Charity has entiilemenl to the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Resources expended Expenditure is recognised On there is a legal or conslruclive obligation lo transfer economic benefit to a third paty, Il 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 artivity. Direct costs attributable lo a single activity are allocated directly to that activity- Shared costs which contribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditu on charitable activities is incurred on directly undertaking the activities which fLJrther the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Tanglble assets Tangible assets are initially recorded al cost, and subsequently staled at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value al the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial aclivilies. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except lo which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial aclivilies. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows. Fixtures and fittings 10Yo reducing balance
HIGHER PRESTWICH HEBREW CONGREGATION Notes to the Financial Statements (conllnued) Year ended 31 December 2025 Accounting policies (conllnuedj Flnanclal Instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Charitable activities Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Synagogue Burial Board 51,797 7,866 51,797 7,866 60,583 8,490 60,583 8,490 59,663 59,663 69,073 69,073 Expenditure on charitable activities by fund type Unreslricled Total Funds Unrestricted Totsl Funds Funds 2025 Funds 2024 Synagogue Burial Board Support costs 68,405 9,726 1,202 79,333 68,405 9,726 1,202 71,065 13,666 1,439 71,065 13,666 1,439 79,333 86,170 86,170 Net expendlture Nel expenditure is slated after charyingllcreditingl.. 2025 2024 Depreciation of tangible fixed assets 324 360 Independent examination fees 2025 2024 Fees payable to the independent examiner for.. Independent examination of the financial statements 1,200 1,440 Stsff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries 23,045 30,230 10
HIGHER PRESTWICH HEBREW CONGREGATION Notes to the Financial Statements (conllnued) Year ended 31 December 2025 Staff costs (conllnued) The average head count of employees during the year was 312024.. 51. No employee received employee benefits of more than £60,000 during the year12024'. Nill. Trustee remuneration and expenses During the period, no Trustees received any remuneration or other benefits. During the period ended 31 December 2024, no Trustee expenses have been incurred. 10. Tangible fixed assets Freehold Fixtures and property fillings Total Cost At 1 January 2025 and 31 December 2025 Depreciation At 1 January 2025 Charge for the year At 31 December 2025 222,762 4,002 226,764 760 324 760 324 1,084 1,084 Carrying amount At 31 December 2025 222,762 2,918 225,680 At 31 Deeember 2024 222,762 3,242 226,004 11. Debtors 2025 2024 Trade debtors Other debtors 5,500 420 5,655 630 5,920 6,285 12. Creditors: amounts falling due within one year 2025 2024 Accruals and deferred income Social security and other taxes 1,308 1,382 6,134 1,162 2,690 7,296 11
HIGHER PRESTWICH HEBREW CONGREGATION Notes to the Financial Statements (conllnued) Year ended 31 December 2025 13. Analysis of charitable funds Unrestrlcted funds Al 1 January 20 25 At 31 Decembe r 2025 Income Expenditure General funds 343,570 59,663 179,3331 323,900 Al 1 January 20 24 Al 31 Dember 2024 Income Expenditure General funds 360,667 69,073 186,1701 343,570 14. Analysis of net assets between funds Unrestricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Net assets 225.680 100.910 12,6901 323,900 225,680 100,910 12,6901 323,900 Unrestricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 226,004 124,862 17,2961 343,570 226,004 124,862 17,2961 343,570 15. Related parties There were no related party transactions during the period. 12