##
|||||Page|
|---|---|---|---|---|
|Charity Information|||||
|Report ofthe|Trustees||||
|Report ofthe|Independent||Auditors||
|Consolidated|Statement|of|Financial Activities||
|Consolidated|Balance Sheet||||
|Charity Balance Sheet||||10|
|Notes to the|Consolidated||Financial Statements||
##
|KEY MANAGEMENT|PERSONNEL:|PERSONNEL:|Trustees and Senior Management|Team||
|---|---|---|---|---|---|
|TRUSTEES:|||Mr6 Bloom (LM) (Treasurer) (EM)|||
||||Mr J SLeek (EM)|||
||||Mr A Blumenthal|||
||||Dr A CWhite|||
||||Mrs
LBushell|||
||||Ms SBlumenthal|||
||||Mr SNewman|||
||||Mr J Lang|||
||||Ms LMyers|||
||||Mrs AGeorgevic|||
||||Mr 8Shaffer|||
||||MrJ Bushell|||
||||Mr P Marks|||
||||(LM) - Life member|||
||||(EM) —Executive member|||
|SENIOR MANAGEMENT||TEAM:|Rabbi YJacobs|||
||||JWilkes|||
|ADDRESS:|||Singers
Hill|||
||||Ellis Street|||
||||Birmingham|||
||||811HL|||
|REGISTERED CHARITY NUMBER:|||222277|||
|AUDITORS:|||UHY Hacker Young (Birmingham)|LLP||
||||Registered
Auditors|||
||||9-11Vittoria Street|||
||||Birmingham|||
||||813RD|||
|BANKERS:|||Handelsbanken|||
||||55 Calthorpe
Road|||
||||Edgbaston|||
||||Birmingham|||
|CUSTODIAN TRUSTEE:|||Birmingham
Hebrew Congregation|Properties|Limited|
||||Whose Directors are:|||
||||Mr6 Bloom|||
||||Mr J SLeek|||
||||Mr W K Lessar|||
||||Mr6 A Morris|||
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|||||||Unrestricted|Designated|Restdcted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Notes|Fund|Funds|Funds|Funds|Funds|
|||||||9monthsto|smonthsto|9monthsto|9monthsto|Yearended|
|||||||31.12.21|31.12.21|31.12.21|31.12.21|31.3.21|
||||||||6|6|6||
|Incoming resources:|||||||||||
|Incoming resources|from||generated|funds:-|||||||
|Membership
fees||||||82,208|||82,208|108,942|
|Gift Aid tax receipts||||||18,847|||18,847|18,623|
|Legacies||||||||||8,000|
|Government
grants||||||9,652|||9,652|33,780|
|Donations||||||22,284|2,652|600|25,536|13,782|
|Car Park Fees||||||39,530|||39,530|51,127|
|Investment
income||||||908|||908|1,285|
|Rents received||||||52,800||7,155|59,955|74,980|
|Activities for generating||funds||||19,969|||19,969|3,463|
|incoming
resources|from||charitable|activities:|||||||
|Bereavement
activities||||||||136,636|136,636|154,945|
|Total incoming
resources||||||246,198|2,652|144,391|393,241|468,927|
|Resources expended:|||||||||||
|Cost ofgenerating|funds||||4|34,474|||34,474|12,568|
|Charitable
activities|||||4|221,348|7,500|127,439|356,287|421,499|
|Governance
costs|||||4|23,321||5,233|28,554|40,203|
|Total resources expended|||||4|279,143|7,500|132,672|419,315|474,270|
|Net incoming/(outgoing)|||resources|before|||||||
|transfers
between|funds|||||(32,945)|(4,848)|11,719|(26,074)|(5,343)|
|Transfers between|funds|||||(7,500)|7,500||||
|Net movements
in|funds|||||(40,445)|2,652|11,719|(26,074)|(5,343)|
|Unrealised
gain on|investments||||10|1,720|||1,720|6,169|
|Revaluation
of investment|||properties||11|95,000|||95,000|904,253|
|Net movements
in|funds||before tax|||56,275|2,652|11,719|70,646|905,079|
|Taxation||||||(34)|||(34)|(593)|
|Net movement
in funds||after tax||||56,241|2,652|11,719|70,612|904,486|
|Reconciliation
offunds|||||||||||
|Total funds brought|forward|||||1,042,038|371,436|586,120|1,999,594|1,095,108|
|Total funds carried|forward||||16|1,098,279|374,088|597,839|2,070,206|1,999,594|
##
||||GROUP|GROUP|
|---|---|---|---|---|
||||31.12.21|S1.3.21|
|||Notes||f|
|FIXEDASSETS|||||
|Tangible assets||9|712,259|629,284|
|Investments||10|73,831|72,111|
|Investment
property||11|1,340,000|1,245,000|
||||2,126,090|1946395|
|CURRENT ASSETS|||||
|Debtors||12|67,253|50,475|
|Cash at bank|||120,304|211,534|
||||187,557|262,009|
|CREDITOIIS|||||
|Amounts
falling due within one year||13|(166,963)|(122,338)|
|NET CURRENT ASSETS|||20,594|139,671|
||||2,146,684|2,086,066|
|CREDITORS|||||
|Amounts
falling due after more than one year||14|(76,478)|(86,472)|
||||2,070,206|1,999,594|
|RESERVES|||||
|General funds (including|fair value reserve off999,253)||1,098,279|1,042,038|
|Designated
funds|||374,088|371,436|
|Restricted funds|||597,839|586,120|
|||16|2,070,206|1,999,594|
##
|Charity Balance Sheet|as at31December 2021||||
|---|---|---|---|---|
||||CHARITY||
||||31.12.21|31.3.21|
||||6|E|
|||Notes|||
|FIXEDASSETS|||||
|Tangible assets||9|383,395|372,325|
|Investments||10|73,832|72,112|
|Investment
property||11|1,010,000|925,000|
||||1,467,227|1,369,437|
|CURRENT ASSETS|||||
|Debtors||12|65,753|41,194|
|Cash at bank|||116,113|207,469|
||||181,866|248,663|
|CREDITORS|||||
|Amounts
falling due within one year||13|(144,693)|(94,360)|
|NETCURRENTASSETS|||37,173|154,303|
||||1,504,400|1,523,740|
|DEBTORS|||||
|Amounts
falling due after|more than one year|12|460,433|382,605|
|CREDITORS|||||
|Amounts
falling due after|more than one year|14|(4,222)|(6,593)|
|NET ASSETS|||1,960,611|1,899,752|
|RESERVES|||||
|General funds (including|fair value reserve of6893,813)||988,684|942,196|
|Designated
funds|||374,088|371,436|
|Restricted funds|||597,839|586,120|
|||16|1,960,611|1,899,752|
##
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##
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##
##
|INCOMING
RESOURCES|INCOMING
RESOURCES||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||9months|9months|9months to|Year ended|
||||to 31.12.21|to31.12.21|31.12.21|31.3.21|
|Activities for|generating|funds|||||
|Functions and|activities|income|6,668||6,668|1,072|
|School visits|||5,393||5.393|168|
|Otherincome|||7,908||7,908|2,223|
||||19,969||19,969||
|BEREAVEMENT ACTIVITIES|||||9months to
31.12.21|Year ended
31.3.21|
|Bereavement|charges (16funerals - March 2021:19funerals)||||119,205|147,200|
|Additional
charges|||||2,575|2,566|
|Stone setting|charges||||12,156|4,879|
|Reservations|fees||||2,700|300|
||||||136,636|154,945|
##
|No|tes to the Consolidat|ed
Financial S|tatements f|orthe perio|d ended 3|1December|2021|
|---|---|---|---|---|---|---|---|
|4|RESOURCES EXPENDED|||||||
||||Unrestricted|Designated|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|Funds|
||||9months to|9months|9months|9months to|Year ended|
||||31.12.21|to 31.12.21|to31.12.21|31.12.21|31.3.21|
||||E|E|E|F.|f|
||Costs ofgenerating
funds|||||||
||Promotion
and hospitality||10,307|||10,307|2,965|
||Functions costs (inc Chai|club &Torah Tots)|9,520|||9,520|1,506|
||Car Park Maintenance||489|||489|445|
||Visiting officials for services||9,796|||9,796|4,125|
||Moseley —Costs ofServices||4,362|||4,362|3,527|
||(inc caretaker fees f1,984, March 2021 -f504)|||||||
|||||||34,474|12,568|
||Charitable
activities|||||||
||Staff costs||101,244||42,826|144,070|173,583|
||Pensions||||||1,000|
||Funeral costs||||19,750|19,750|24,348|
||Cemetery management|fees|||41,265|41,265|55,020|
||Motor and travelling
expenses||7,888||194|8,082|6,181|
||Telephone||3,301||647|3,948|5,412|
||Postage||1,222|||1,222|1,638|
||Printing
and stationery||4,851|||4,851|3,756|
||Computer
running
expenses||6,489|||6,489|8,307|
||Sundry expenses||12,587|||12,587|9,563|
||Light, heat and water||11,358||2,024|13,382|17,514|
||Cleaning, caretaking
and|security|8,455||264|8,719|6,920|
||Expenses of residences||33,805||14,317|48,122|61,601|
||Repairs and maintenance|||||||
||Synagogue
buildings||18,515||3,730|22,245|26,402|
||BJEB/KDRES|||7,500||7,500|3,000|
||Grants and donations
paid||2,130|||2,130|3,000|
||Bank charges||1,130||46|1,176|1,084|
||Bank loan interest||1,889|||1,889|3,196|
||Hire purchase
interest||427|||427|345|
||Depreciation||5,577||2,376|7,953|9,851|
||Loss/(profit)
on disposal|ofassets|480|||480|(222)|
||||221,348|7,500|127,439|356,287|421,499|
||Governance
costs|||||||
||Auditors
remuneration||3,000||600|3,600|3,600|
||Accountancy||4,810||600|5,410|7,640|
||Professionalfees||1,768|||1,768|4,863|
||Insurance||13,743||4,033|17,776|24,100|
||||23 321||5,233|28,554|40,203|
||TOTAL RESOURCES EXPENDED||279,143|7,500|132,672|419,315|474,270|
##
|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||9months to|Year ended|
|a
Staff Costs||||31.12.21|31.3.21|
|||||6|6|
|Wages and sala dies||||133,965|163,280|
|Social security costs||||7,808|7,400|
|Pension contributions||||2,297|2,903|
|Pensions paid|||||1,000|
|||||144,070|174333|
|b
Staff Numbers||||||
|The average monthly|number ofemployees|during the period/year|was as follows:|9months to
31.12.21|Year ended
31.3.21|
##
##
##
##
|The operating|surplus/(deficit)|is stated after charging:|9months to
31.12.21|Year ended
31.3.21|
|---|---|---|---|---|
||||E|6|
|Depreciation|—owned assets||5,763|8,183|
|Depreciation|-assets on hire|purchase|2,190|1,669|
|Operating
lease renta Is|||284|284|
|Auditors'
remuneration|||3,300|3,3011|
##
##
||||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||Yearto|Yearto|Yearto|Yearto|
||||31.3.21|31.3.21|31.3.21|31.3.21|
||||E|E|E|E|
|Incoming resources:|||||||
|Incoming resources|from|generated funds:—|||||
|Membership
fees|||108,942|||108,942|
|Gift Aid tax receipts|||18,623|||18,623|
|Legacies|||8,000|||8,000|
|Government
grants|||33,780|||33,780|
|Donations|||11,071|2,711||13,782|
|Car Park Fees|||51,127|||51,127|
|Investment
income|||1,285|||1,285|
|Rents received|||65,440||9,540|74,980|
|Activities for generating||funds|3,463|||3,463|
|incoming resources|from|choritabie activities:|||||
|Bereavement
activities|||||154,945|154,945|
|Totalincoming
resources|||301,731|2,711|164,485|468,927|
|Resources expended:|||||||
|Cost ofgenerating|funds||11,364||1,204|12,568|
|Charitable
activities|||259,543|3,000|158,956|421,499|
|Governance
costs|||30,468||9,735|40,203|
|Total resources expended|||301,375|3,000|169,895|474,270|
|Net incoming/(outgoing)||resources before|||||
|transfers between|funds||356|(289)|(5,410)|(5,343)|
|Transfers between|funds||(3,000)|3,000|||
|Net movements
in|funds||(2,644)|2,711|(5,410)|(5,343)|
|Net gains on investments|||910,422|||910,422|
|Net movements
in|funds|before tax|907,778|2,711|(5,410)|905,079|
|Taxation|||(593)|||(593)|
|Net movement
in funds||after tax|907,185|2,711|(5,410)|904,486|
|Reconciliation
offunds|||||||
|Total funds brought|forward||134,853|368,725|591,530|1,095,108|
|Total funds carried|forward||1,042,038|371,436|586,120|1,999,594|
##
|es tothe Consolidated
Financial Statem|ents forthe period|ended 3|1December|2021|
|---|---|---|---|---|
|TANGIBLE FIXEDASSETS|||||
||Freehold|Motor|Fixture||
||Land a|Vehicles|a Fittings||
||Buildings|||Total|
||E||E|E|
|GROUP|||||
|Cost|||||
|Balance at 1Apdl 2021|614,321|13,350|50,914|678,585|
|Additions|72,300||20,547|92,847|
|Disposals|||(3,587)|(3,587)|
|Balance at 31December 2021|686,621|13,350|67,874|767,845|
|Depreciation|||||
|Balance at 1April 2021|2,291|1,669|45,341|49,301|
|Charge for the year|72|2,190|5,691|7,953|
|Eliminated
on disposals|||(1,668)|(1,668)|
|Balance at 31December 2021|2,363|3,859|49,364|55,586|
|Net BookValue at 31December 2021|684,258|9,491|18,510|712,259|
|Net BookValue at 31March 2021|612,030|11,681|5,573|629,284|
|CHARITY|||||
|Cost|||||
|Balance at 1April 2021|355,935|13,350|46,612|415,897|
|Additions|||20,547|20,547|
|Disposals|||(3,587)|(3,587)|
|Balance at 31December 2021|355,935|13,350|63,572|432,857|
|Depreciation|||||
|Balance at 1April 2021||1,669|41,903|43,572|
|Charge for the year||2,190|5,368|7,558|
|Eliminated
on disposa ls|||(1,668)|(1,668)|
|Balance at 31December 2021||3,859|45,603|49,462|
|Net BookValue at 31December 2021|355,935|9,491|17,969|383,395|
|Net BookValue at 31March 2021|3 5,935»,3||339|3 2,32|
##
|No|tes tothe Consolidated
Financial State|ments forthe period|ended B1|December 20|21|
|---|---|---|---|---|---|
|10|FIXEDASSET INVESTMENTS|GROUP||CHARITY||
|||31.12.21|31.3.21|31.12.21|31.3.21|
|||E|E|E|E|
||Market value as at 1April 2021|72,111|65,942|72,112|65,943|
||Net gain on revaluation|1,720|6,169|1,720|6,169|
||Market Value 31December 2021|73,831|72,111|73,832|72,112|
##
|Subsidiary
U|ndertakings|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Type||Proportion|Nature of|
|||||||||held|business|
|BHC Car Parks Limited||||||E1Ordinary||100%|Rental|
|Birmingham|Hebrew Congregation|||||Limited|by|100N||
|Properties
Limited||||||guarantee||Control|Investment|
|The aggregate of the share capital||and reserves||as at 31|December 2021|and ofthe|profit and loss account for the|||
|year ending|on that date for the subsidiary||undertakings||were as follows;|||||
|||||||Aggregate ofshare|||Profit|
|||||||capital and reserves||||
|||||||||E|E|
|BHC Car Parks Limited||||||||109,592|19,253|
|Birmingham|Hebrew Congregation|Properties||Limited||||||
|INVESTMENT PROPERTY||||||||||
|||||||||GROUP|CHARITY|
|||||||||E|E|
|Fair Value||||||||||
|Net book value before revaluations||||||||340,747|116,187|
|Revaluations||||||||999,253|893,813|
|At 31December 2021||||||||1,340,000|1,010,000|
|Net BookValue at 31December 2021||||||||1,340,000|1,010,000|
|Fair value at|31December 2021 is|analysed|by:|||||||
|||||||||E|E|
|Net book value before revaluations||||||||340,747|116,187|
|Valuation at|March 2021|||||||904,253|808,813|
|Valuation at|December 2021|||||||95,000|85,000|
|||||||||1340000|1010000|
##
##
|||||GROUP||CHARITY||
|---|---|---|---|---|---|---|---|
|||||31.12.21|31.3.21|31.12.21|31.3.21|
|||||f|f|f|f|
|Amounts|falling due|within one year:||||||
|Membership
dues||||33,449|12,252|33,449|12,252|
|Sundry debtors and||prepayments||14,841|36,686|13,341|27,405|
|Income tax re gift aid||||613|937|613|937|
|Cemetery|debtors|||18,350|600|18,350|600|
|||||67,253|50,475|65,753|41,194|
|Amounts|falling due|after more than one year:||||||
|Amounts|due from group companies|||||460,433|382,605|
|||||253|5|26 56|23.299|
|CREDITORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
|||||GROUP||CHARITY||
|||||31.12.21|31.3.21|31.12.21|31.3.21|
|||||E||f|f|
|Bankloan||||10,838|10,770|||
|Hire purchase creditor||||3,136|2,984|3,136|2,984|
|Trade creditors||||15,880|27,210|9,925|22,181|
|Other taxation and social security||||3,925|7,709|3,496|3,475|
|Other creditors and||accruals||48,004|17,730|42,956|9,785|
|Cemetery|creditors and||accruals|85,180|55,935|85,180|55,935|
|||||166,963|122,338|144,693|94,360|
|Deferred|Income|||||31.12.21|31.3.21|
|||||||f|E|
|Deferred|income at|1April 2021||||55,785|54,557|
|Resources|deferred|in the year||||24,500|17,295|
|Amounts|released from||previous years|||(3,809)|(16,067)|
|Deferred|income at|31|December 2021|||76,476|55,785|
|At the balance sheet date the group was holding funds received||||in advance for funerals||f74,500 (March 2021:||
|f50,000)|and car park fees f1,976(March 2021:f5,785).|||||||
|CREDITORS: AMOUNTS|||FALLING DUE AFTER ONE YEAR|||||
|||||GROUP||CHARITY||
|||||31.12.21|31.3.21|31.12.21|31.3.21|
|||||f|f|f|E|
|Bankloan||||72,256|79,879|||
|Hire purchase creditor||||4,222|6,593|4,222|6,593|
|||||76,478|86,472|4,222|6,593|
##
##
##
|No|tes to the Con|solidated
Financial Sta|solidated
Financial Sta|solidated
Financial Sta|tements
for|the period e|nde|d|31Decembe|r 2021|
|---|---|---|---|---|---|---|---|---|---|---|
|15|COMMITMENTS|UNDER OPERATING LEASES|||||||||
||At 31December 2021the total|||ofthe Charity's|future minimum|lease payments|under||non-cancellable|operating|
||leases was:||||||||||
||||||||||31.12.21|31.3.21|
||||||||||6|6|
||-Within one year||||||||562|562|
||—Within two to 5 years|||||||||562|
||||||||||562|1,124|
|16|FUNDS|||At||||||At|
||GROUP|||1April|Incoming|Outgoing|Gains|||31December|
|||||2021|Resources|Resources|||Transfers|2021|
|||||6|6|E||E|E|E|
||General
Fund|||1,042,038|246,198|(279,177)|96,720||(7,500)|1,098,279|
||Designated
Funds|||371,436|2,652|(7,500)|||7,500|374,088|
||Restricted
Funds|||586,120|144,391|(132,672)||||597,839|
||Total Funds|||1,999,594|393,241|(419,349)|96,720|||2,070,206|
||CHARITY|||At||||||At|
|||||1April|Incoming|Outgoing|Gains|||31December|
|||||2021|Resources|Resources|||Transfers|2021|
|||||6|6|6||E|6|E|
||General
Fund|||942,196|216,168|(248,900)|86,720||(7,500)|988,684|
||Designated
Funds||||||||||
||Restoration
Fund|||7,593||||||7,593|
||Buildings
Reserve|||158,129||||||158,129|
||Singers
Hill Charity||Box|7,598|2,652|||||10,250|
||New Building|||187,270||||||187,270|
||Jewish Youth institute|||10,846||||||10,846|
||Birmingham
Jewish||Education||||||||
||Fund|||||(7,500)|||7,500||
||||||||||7500|374088|
||Restricted
Funds||||||||||
||Specific donations
~Cd||||||||||
||Family Trust|||32,028||||||32,028|
||Cemetery General|||364,426|144,391|(132,672)||||376,145|
||Mikveh
Fund|||100,000||||||100,000|
||Future Developments|||26,938||||||26,938|
||Repairs Reserve|||50,283||||||50,283|
||Tahara and Chevra||Kadisha|12,445||||||12,445|
|||||586,120|144,391|(132,672)||||597,839|
||Total Funds|||1,899,752|363,211|(389,072)|86,720|||1,960,611|
##
##
##
##
|ANALYSIS O|F GROUP NET ASSETS BETWEEN FU|NDS||||
|---|---|---|---|---|---|
|||Unrestffcted|Designated|Restricted|Total|
|||Funds|Funds|Funds|Funds|
|||E|E|E|E|
|Fixed Assets||1,903,435|183,778|38,877|2,126,090|
|Net Current|Assets|(728,678)|190,310|558,962|20,594|
|Long Term Liabilities||(76,478)|||(76,478)|
|Net Assets|as at 31December 2021|1,098,279|374,0S8|597,839|2,070,206|