**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. Page 2 ## **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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 Page 4 ## **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 Page 5 ## **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. Page 7 continued... ## **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| Page 8 continued... ## **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| Page 9 continued... ## **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. Page 10 continued... ## **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| |---|---|---|---|---| |||||| |||||| Page 11 continued... ## **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| |---|---|---|---| Page 12 continued... ## **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). Page 13 ## **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 Page 14 ## **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 Page 15