REGISTERED CHARITY NUMBER: 231853
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
FOR
OXFORD JEWISH CONGREGATION
Bronsens Chartered Certified Accountants 6 Langdale Court Witney Oxfordshire OX28 6FG
OXFORD JEWISH CONGREGATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 13 |
| Detailed Statement of Financial Activities | 14 to 15 |
OXFORD JEWISH CONGREGATION
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2021
REGISTERED CHARITY NUMBER
231853
PRINCIPAL ADDRESS
21 Richmond Road Oxford OX1 2JL
TRUSTEES
Council members
The following served as Council members and Trustees during the year:
President:
Mr J Kaye, Mrs K Shock
Treasurer:
Ms J Shatz
Secretary: Ms S Montagu
Council members:
Dr G Blumberg Dr T Davison Mrs S Fleming Mr B Freilich - co-opted 9 February 2021 C Goldstein - co-opted 9 February 2021 Prof M Goodman - co-opted 12 October 2020 Mr J. Morris - co-opted 9 February 2021 Ms Y Parnes Mr A Samuel Ms S Sheppard Mrs J Silver Mr M Simon
All elected members of Council are Trustees of Council for the purposes of the Charity Commission. The Treasurer is responsible for the co-ordination of the administration of the Trust, correspondence, maintenance of financial records, expenditure payments and monitoring estimates of income and expenditure, cash flow and reporting the day-to-day activities to the Trustees and other members of the Council.
INDEPENDENT EXAMINER
Bronsens Chartered Certified Accountants 6 Langdale Court Witney Oxfordshire OX28 6FG
INVESTMENT ADVISERS
J. M. Finn & Co 4 Coleman Street London EC2R 5TA
Page 1
OXFORD JEWISH CONGREGATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2021
The trustees present their report with the financial statements of the charity for the year ended 31 July 2021. The trustees have adopted the provisions of 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) (effective 1 January 2015).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity was formed under a Deed of Constitution dated 22 June 1978, slightly amended (for practical reasons) on 19 December 1993 and 11 December 1994 and thoroughly revised and amended on 25 January 2015, to carry out the activities described below.
Organisational structure
The Oxford Jewish Congregation (OJC) is managed by a Committee of Trustees, known as the Council, and comprising the honorary officers, elected annually by the membership, together with other elected and coopted members. Council members in 2020-2021 are listed above.
Members of the Congregation pay annual subscriptions at one of several rates, depending on circumstances, as well as any additional donations which they see fit to make.
The Trustees delegate investment authority and management to an Investment Committee, the members of which may or may not be Trustees. The Investment Committee reports regularly to the Council.
Risk management
The trustees carry out regular reviews of the activities of the charity and of the systems in use. This is for the purpose of planning for the future and assessing and managing any major risks likely to affect the operation of the trust. The Trustees are satisfied that systems are in place to mitigate exposure to major risks.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the charity include the advancement of the Jewish religion by the maintenance of Religious Services and Hebrew and Religion Classes; other activities to promote the welfare of the Jews of Oxford and its surroundings; and other charitable purposes, such as a kosher meals service for Jewish students and education about Jewish affairs among the general population. Its religious services (including burial arrangements) and membership are available to all those of the Jewish faith. It nominates three of the directors of the Oxford Synagogue and Jewish Centre Limited (OSJCL); the Chairman of the OSJCL Management Committee attends meetings of its Council by invitation.
The Trustees have continued to maintain their aims and objectives as outlined above and described in the body of this Annual Report.
Ensuring we meet our aims
The Trustees review the aims, objectives and activities each year. We look at what we have achieved in terms of the success of each key activity and the benefits we have brought to the community. This review also helps us to ensure our aims, objectives and activities remain focussed on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular the Trustees consider how planned activities will contribute to the aims and objectives we have set.
Significant activities
Religious services for several denominations have continued to run through the year, adapted as required by the restrictions imposed by the pandemic. Educational services for both adults and children have continued, both in person and on-line. Activities to promote the welfare of the Jews of Oxford and the wider area have been conducted in many different fields. These include hospital visiting and a luncheon club for older members. Outreach to the wider community has continued to be an area of strength, not only through the education programme both at schools and for visiting parties of all ages, but also in the maintenance of the community's deep involvement in Interfaith work in the Oxford area.
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OXFORD JEWISH CONGREGATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
Grantmaking
The trustees have the discretion to make grants to OSJCL towards the running costs of the Oxford synagogue buildings in which these activities take place. The trustees also have the discretion to make grants for any other purpose that they feel fits in with the charity's objectives.
Volunteers
The trustees gratefully acknowledge the contribution of the many volunteers without whose efforts the programme of activities would not be possible.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The OJC has had a successful year in furthering the aims of the charity’s objectives through its diverse activities. The results for the year are set out in the statement of financial activities on the following pages.
FINANCIAL REVIEW
Investment policy and objectives
The Trustees' investment powers are stated in the Trust Deed. As at 31 July 2021, the Charity held investments valued at £1,283,689 (2020: £1,136,396).
Reserves policy
The trustees regularly review the company's financial position to ensure that sufficient reserves are held to meet any foreseeable liabilities and commitments.
Financial Position
Total incoming resources for the year amounted to £250,208 (2020: £332,161). Total expenditure for the year was £333,569 (2020: £299,686). Net gains on investment assets were £156,691 (2020: losses of £68,238) giving a surplus for the year of £73,330 (2020: deficit of £35,763).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Approved by order of the board of trustees on 7 December 2021 and signed on its behalf by:
Ms S Montagu (Secretary) - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OXFORD JEWISH CONGREGATION
Independent examiner's report to the trustees of Oxford Jewish Congregation
I report to the charity trustees on my examination of the accounts of Oxford Jewish Congregation (the Trust) for the year ended 31 July 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a 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 drawn in this report in order to enable a proper understanding of the accounts to be reached.
Philip J Burton FCA ICAEW Bronsens Chartered Certified Accountants 6 Langdale Court Witney Oxfordshire OX28 6FG
7 December 2021
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OXFORD JEWISH CONGREGATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 Religious services and other costs Grants paid New chairs and kitchen refurbishment Other 8 Total Net gains/(losses) on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 205,472 12,893 218,365 3,782 92,935 119,460 55,125 32,505 303,807 64,369 (21,073) 514,676 493,603 |
Restricted fund £ 8,294 23,849 32,143 5,627 17,746 5,000 - 1,689 30,062 92,322 94,403 746,357 840,760 |
31.7.21 Total funds £ 213,766 36,742 250,508 9,409 110,681 124,460 55,125 34,194 333,869 156,691 73,330 1,261,033 1,334,363 |
31.7.20 Total funds £ 288,250 43,911 332,161 9,235 110,849 100,514 54,000 25,088 299,686 (68,238) (35,763) 1,296,796 1,261,033 |
|---|---|---|---|---|
The notes form part of these financial statements
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OXFORD JEWISH CONGREGATION
BALANCE SHEET 31 JULY 2021
| Notes FIXED ASSETS Investments 10 CURRENT ASSETS Debtors 11 Cash at bank CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 515,158 29,471 2,817 32,288 (53,843) (21,555) 493,603 493,603 |
Restricted fund £ 768,531 1,302 70,927 72,229 - 72,229 840,760 840,760 |
31.7.21 Total funds £ 1,283,689 30,773 73,744 104,517 (53,843) 50,674 1,334,363 1,334,363 493,603 840,760 1,334,363 |
31.7.20 Total funds £ 1,136,396 32,633 96,623 129,256 (4,619) 124,637 1,261,033 1,261,033 514,676 746,357 1,261,033 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 7 December 2021 and were signed on its behalf by:
Mr J Kaye - Trustee
Ms J Shatz - Trustee
The notes form part of these financial statements
Page 6
OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Allocation and apportionment of costs
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Fixed asset investments
Quoted fixed asset equity investments are included in the accounts at their market value at the balance sheet date. This gives rise to unrealised gains and losses which are include on the face of the Statement of Financial Activities.
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
2. DONATIONS AND LEGACIES
| Donations Gift aid Legacies Subscriptions Security levy Burials Education Kiddush Hill End Kaytana George Silver Fund donations Kol Nidre Appeal donations Board of Deputies donations Gatehouse Project donations Donations for new chairs and kitchen refurbishment Cemetery upkeep donations Sundry income |
31.7.21 £ 10,936 37,924 - 90,133 8,973 32,597 5,554 - - 2,740 150 7,234 3,243 66 150 12,462 1,604 213,766 |
31.7.20 £ 12,800 32,499 16,520 111,154 8,473 24,478 8,990 3,348 110 1,658 2,070 10,150 3,030 785 49,000 - 3,185 288,250 |
|---|---|---|
Donations made under the headings George Silver Fund, Kol Nidre Appeal, Board Of Deputies and Gatehouse Project are made by individual members of the Oxford Jewish Congregations and are passed on in full in the year of collection to the relevant charitable organisation. These payments are part of the total for religious expenditure shown in Note 5.
3.
INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| Income from investment portfolios | 36,734 | 43,688 |
| Deposit account interest | 8 | 223 |
| 36,742 | 43,911 |
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
4. RAISING FUNDS
Investment management costs
| Investment management costs | ||
|---|---|---|
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| Portfolio management | 9,409 | 9,235 |
5. CHARITABLE ACTIVITIES COSTS
6.
| Religious services and other costs Grants paid New chairs and kitchen refurbishment GRANTS PAYABLE Grants paid New chairs and kitchen refurbishment The total grants paid to institutions during the year was as follows: Grants to Oxford Synagogue & Jewish Centre Grants to OSJC for new chairs and kitchen refurbishment Grant to Oxford Museum |
Direct Costs £ 110,681 - - 110,681 |
Grant funding of activities (see note 6) £ - 124,460 55,125 179,585 31.7.21 £ 124,460 55,125 179,585 31.7.21 £ 115,200 55,125 5,000 175,325 |
Totals £ 110,681 124,460 55,125 |
|---|---|---|---|
| 290,266 | |||
| 31.7.20 £ 100,514 54,000 |
|||
| 154,514 | |||
| 31.7.20 £ 98,769 54,000 - |
|||
| 152,769 |
The amount shown as paid to the Oxford Synagogue and Jewish Centre Limited is the same as that received by that charity in the period.
The total grants paid to individuals during the year was as follows:
| 31.7.21 | 31.7.20 | |
|---|---|---|
| £ | £ | |
| Education grants from the HH Posner Fund | - | 1,745 |
| Hardship Fund grants | 4,260 | - |
| 4,260 | 1,745 |
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
7. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Other resources expended | 29,760 |
Support costs, included in the above, are as follows:
8. OTHER
| OTHER | ||
|---|---|---|
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| Board of Deputies | 495 | 495 |
| Oxford Menorah and OJC News | 1,689 | 1,732 |
| Chief Rabbinate Trust | - | 750 |
| Liberal Judaism | 500 | 500 |
| Other donations | 1,750 | 1,583 |
| Support costs | 29,760 | 20,028 |
| 34,194 | 25,088 |
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2021 nor for the year ended 31 July 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.
10. FIXED ASSET INVESTMENTS
| MARKET VALUE At 1 August 2020 Additions Disposals Revaluations At 31 July 2021 NET BOOK VALUE At 31 July 2021 At 31 July 2020 |
Listed investments £ 1,136,396 269,554 (269,895) 147,634 1,283,689 1,283,689 1,136,396 |
|---|---|
There were no investment assets outside the UK.
The fixed asset investments are realisable on a short term basis and can be sold to provide funds for charitable purposes as required.
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| Other debtors | 1,635 | 2,633 |
| Income tax recoverable | 29,138 | 30,000 |
| 30,773 | 32,633 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.7.21 | 31.7.20 | |
| £ | £ | |
| Other creditors | 36,612 | - |
| Kol Nidre | - | 1,019 |
| Accrued expenses | 17,231 | 3,600 |
| 53,843 | 4,619 |
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors represent amounts owed internally between the General and HH Posner Funds.
13. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds HH Posner Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 218,365 Restricted funds HH Posner Fund 32,143 TOTAL FUNDS 250,508 |
At 1.8.20 £ 514,676 746,357 1,261,033 Resources expended £ (303,807) (30,062) (333,869) |
Net movement in funds £ (21,073) 94,403 73,330 Gains and losses £ 64,369 92,322 156,691 |
At 31.7.21 £ 493,603 840,760 1,334,363 Movement in funds £ (21,073) 94,403 73,330 |
|
|---|---|---|---|---|
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds HH Posner Fund TOTAL FUNDS |
At 1.8.19 £ 503,445 793,351 1,296,796 |
Net movement in funds £ 11,231 (46,994) (35,763) |
At 31.7.20 £ 514,676 746,357 1,261,033 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds HH Posner Fund TOTAL FUNDS |
Incoming resources £ 293,971 38,190 332,161 |
Resources expended £ (259,018) (40,668) (299,686) |
Gains and Movement losses in funds £ £ (23,722) 11,231 (44,516) (46,994) (68,238) (35,763) |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds HH Posner Fund TOTAL FUNDS |
At 1.8.19 £ 503,445 793,351 1,296,796 |
Net movement in funds £ (9,842) 47,409 37,567 |
At 31.7.21 £ 493,603 840,760 1,334,363 |
|---|---|---|---|
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OXFORD JEWISH CONGREGATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2021
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds HH Posner Fund TOTAL FUNDS |
Incoming resources £ 512,336 70,333 582,669 |
Resources expended £ (562,825) (70,730) (633,555) |
Gains and Movement losses in funds £ £ 40,647 (9,842) 47,806 47,409 88,453 37,567 |
|---|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2021.
15. THE HH POSNER FUND
Following the death of Henry Hyman Posner in 2007, the charity received a legacy in the form of a commercial investment property in Oxford. In October 2014 the property asset was sold for £664,188, realising a gain of £314,188 over the value attributed to the original Posner bequest. After settling legal fees relating to the sale, the Trustees invested the balance of the proceeds in a separate portfolio of investments managed by JM Finn & Co. This asset and income arising from it forms the basis of the Fund which is a restricted fund whose income is to be used for educational purposes within the Oxford Jewish community. Timing issues mean that not all income from the restricted capital may be expended within the period it is received.
In the year ended 31 July 2021 investment income of £23,849 (2020: £27,432) was received. Investment management costs were £5,627 (2020: £5,455).
Net charitable expenditure was £18,881 (2020: £23,201). This was made up of Menorah costs of £1,689 (2020: £1,241), Hill End camp costs of £229 (2020: £nil), child education of £7,593 (2020: £16,328), adult education of £4,370 (2020: £3,887), Kaytana of £nil (2020: £1,254) and grants to individuals and groups of £5,000 (2020: £1,745).
At 31 July 2021 the value of the HH Posner Fund stood at £840,760 (2020: £746,357).
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OXFORD JEWISH CONGREGATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| 31.7.21 | 31.7.20 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 10,936 | 12,800 |
| Gift aid | 37,924 | 32,499 |
| Legacies | - | 16,520 |
| Subscriptions | 90,133 | 111,154 |
| Security levy | 8,973 | 8,473 |
| Burials | 32,597 | 24,478 |
| Education | 5,554 | 8,990 |
| Kiddush | - | 3,348 |
| Hill End | - | 110 |
| Kaytana | 2,740 | 1,658 |
| George Silver Fund donations | 150 | 2,070 |
| Kol Nidre Appeal donations | 7,234 | 10,150 |
| Board of Deputies donations | 3,243 | 3,030 |
| Gatehouse Project donations | 66 | 785 |
| Donations for new chairs and kitchen | ||
| refurbishment | 150 | 49,000 |
| Cemetery upkeep donations | 12,462 | - |
| Sundry income | 1,604 | 3,185 |
| 213,766 | 288,250 | |
| Investment income | ||
| Income from investment portfolios | 36,734 | 43,688 |
| Deposit account interest | 8 | 223 |
| 36,742 | 43,911 | |
| Total incoming resources | 250,508 | 332,161 |
| EXPENDITURE | ||
| Investment management costs | ||
| Portfolio management | 9,409 | 9,235 |
| Charitable activities | ||
| Religious services | 11,233 | 11,704 |
| Burials | 34,275 | 17,812 |
| Childrens' education | 13,112 | 23,623 |
| Community affairs | 30,660 | 29,253 |
| Kiddush | 42 | 4,154 |
| Playshul | 35 | 1,805 |
| Adult education | 4,370 | 3,887 |
| Hill End expenses | 229 | - |
| Carried forward | 93,956 | 92,238 |
This page does not form part of the statutory financial statements
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OXFORD JEWISH CONGREGATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2021
| 31.7.21 | 31.7.20 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Brought forward | 93,956 | 92,238 |
| Kaytana | 3,755 | 2,912 |
| George Silver Fund payments | 150 | 2,070 |
| Kol Nidre Appeal payments | 8,537 | 10,150 |
| Board of Deputies payments | 3,243 | 3,030 |
| Gatehouse Project payments | 1,040 | 449 |
| Grants to Oxford Synagogue and Jewish Centre | ||
| Limited | 175,325 | 152,769 |
| Grants to individuals | 4,260 | 1,745 |
| 290,266 | 265,363 | |
| Other | ||
| Board of Deputies | 495 | 495 |
| Oxford Menorah and OJC News | 1,689 | 1,732 |
| Chief Rabbinate Trust | - | 750 |
| Liberal Judaism | 500 | 500 |
| Other donations | 1,750 | 1,583 |
| 4,434 | 5,060 | |
| Support costs | ||
| Governance costs | ||
| Accountancy | 3,600 | 3,480 |
| Security costs | 8,973 | 8,473 |
| Office administration | 8,401 | 6,812 |
| Other expenses | 8,786 | 1,263 |
| 29,760 | 20,028 | |
| Total resources expended | 333,869 | 299,686 |
| Net (expenditure)/income before gains and | ||
| losses | (83,361) | 32,475 |
| Realised recognised gains and losses | ||
| Unrealised gains/(losses) on fixed asset | ||
| investments | 150,237 | (14,369) |
| Realised gains/(losses) on disposal of fixed | ||
| asset investments | 6,454 | (53,869) |
| Net income/(expenditure) | 73,330 | (35,763) |
This page does not form part of the statutory financial statements
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