**Charity Number: 236420** 

## **Yeshurun Hebrew Congregation** 

**Annual Report and Unaudited Financial Statements for the financial year ended 31 March 2025** 



## **Yeshurun Hebrew Congregation CONTENTS** 

||**Page**|
|---|---|
|Trustees' and Other Information|3|
|Trustees' Annual Report|4 - 6|
|Statement of Trustees' Responsibilities|7|
|Independent Examiner's Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10- 11|
|Notes to the Financial Statements|12 - 18|



**2** 



**Yeshurun Hebrew Congregation TRUSTEES' AND OTHER INFORMATION** 

## **Trustees** 

Mr Simon Lipshaw Mr Irvine Piczenik 

Mr Malcom Joels (Resigned 17 November 2024) Mr David Stonefield (Resigned 17 November 2024) Mr David Verber Mr Adam Simon (Appointed 17 November 2024) Mrs Gail Taylor Professor Flor Siperstein Mrs Amanda Dee Mr Walter Braude (Resigned 17 November 2024) Mr Richard Stone (Appointed 17 November 2024) 

## **Chairperson** 

## **Charity Number in England and Wales** 

**Principal Address** 

## **Independent Examiner** 

Mrs Andrea Cohen 

236420 

Coniston Road Gatley Cheadle Cheshire SK8 4AP 

Mr Eric Langer FCA Chartered Accountant 8-10 Gatley Road Cheadle Cheshire SK8 1PY GB 

**3** 



## **Yeshurun Hebrew Congregation TRUSTEES' ANNUAL REPORT** 

for the financial year ended 31 March 2025 

The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 31 March 2025. 

The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the charity are also charity trustees for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. 

In this report the trustees of Yeshurun Hebrew Congregation present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 March 2025. 

The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where relevant in these financial statements. 

## **Mission, Objectives and Strategy** 

## **Objectives** 

The Charity's objectives were achieved during the year by the operation of religious services and activities at the Congregation's premises, together with sup ort for other Jewish and non- Jewish charities in accordance with Jewish law. 

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and, in particular the specific guidance on charities for the advancement of religion, when reviewing the Congregation's aims and objectives and in planning future activities. 

## **Strategy** 

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the Charity and, in particular, the specific guidance on charities for the advancement of religion, when reviewing the Congregation's aims and objectives and in planning future activities. 

The activities currently carried out for the public benefit by the Charity have been to support the local Jewish community by running synagogue services; provision and upkeep of the synagogue premises; outreach to those new to the area; to provide education and learning in various formats across all ages. Work with the local non-Jewish community including hosting interfaith groups, hosting visits to the synagogue by parties of schoolchildren and scouts and visiting local schools to give talks on Judaism. This year in particular collecting toys for The Manchester Fed Community Toy Drive for seriously ill children in need, the annual Mitzvah Day, and 'A time to say thanks' delivering gifts to hospitals, police, fire and ambulance stations, care homes, etc. on Christmas Day. 

The difference the charity's performance during the year has made to the beneficiaries of the charity. 

The operation of all the Synagogue groups continues to enhance the community and meet the objectives as set out above. There are activities, events, fundraisers and others dedicated to all age groups and genders. Additional support has been provided via the volunteers who have run errands to provide shopping, prescriptions etc. to anyone in the community who have been house bound for whatever reason. Lifecycle services as well as activities around the Jewish and general calendars, allow all members to gain full advantage and fulfil those needs. The operation also reaches out to the wider community by way of charity giving, either money, items or time as well as other activities directly or indirectly promoting interfaith. 

The degree to which the achievements and performance during the year have benefited wider society. 

The Synagogue has continued with its interfaith promotion, and HH Charles Bloom and Marilyn Berg are actively involved in interfaith matters, on behalf of the Board. As a result of the High Festival Appeal, charitable donations have also been made to various groups both affiliated with Judaism and to the wider non-Jewish community. The Synagogue continues to participate in the Board of Deputies through our elected officer. 

**4** 



## **Yeshurun Hebrew Congregation TRUSTEES' ANNUAL REPORT** 

for the financial year ended 31 March 2025 

## **Review of Activities, Achievements and Performance** 

The Synagogue has continued to promote Judaism in a variety of ways over the past year and continued to promote both religious and secular activities designed to meet the objectives of the Synagogue. Just some of the activities that the Synagogue provided, and in no particular order, are as follows: 

Bar/Bat Mitzvah Board of Deputies Book Club Charity Committee Children Services Chevra Kadisha Civic Shabbat Coffee & Bagel Events Committee Fly the Flag for Israel Gentlemen's Discussion Group Jewish Rep Council Ladies Discussion Group Liaison Publicity Security Volunteers The Guild Women in Judaism Youth Activities 5th Gatley Brownies Victims of Terror 

## **Financial Review** 

The results for the financial year are set out on page 9 and additional notes are provided showing income and expenditure in greater detail. 

## **Results and Dividends** 

At the end of the financial year the charity has assets of £768,219 (2024 - £762,947) and liabilities of £175,182 (2024 - £168,411). The net assets of the charity have decreased by £(1,499). 

## **Trustees** 

The trustees who served throughout the financial year, except as noted, were as follows: 

Mrs Andrea Cohen Mr Simon Lipshaw Mr Irvine Piczenik Mr Malcom Joels (Resigned 17 November 2024) Mr David Stonefield (Resigned 17 November 2024) Mr David Verber Mr Adam Simon (Appointed 17 November 2024) Mrs Gail Taylor Professor Flor Siperstein Mrs Amanda Dee Mr Walter Braude (Resigned 17 November 2024) Mr Richard Stone (Appointed 17 November 2024) 

In accordance with the Constitution, the trustees retire by rotation and, being eligible, offer themselves for re-election. 

## **Compliance with Sector-Wide Legislation and Standards** 

The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Yeshurun Hebrew Congregation subscribes to and is compliant with the following: 

- The Companies Act 2006 

- The Charities SORP (FRS 102) 

**5** 



## **Yeshurun Hebrew Congregation TRUSTEES' ANNUAL REPORT** 

for the financial year ended 31 March 2025 

**Approved by the Board of Trustees on ____________________ and signed on its behalf by:** 

**________________________________Mrs Andrea Cohen Chairperson** 

**________________________________Mr Simon Lipshaw Trustee** 

**________________________________Mr Irvine Piczenik Trustee** 

**6** 



## **Yeshurun Hebrew Congregation STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

for the financial year ended 31 March 2025 

The trustees, who are also directors of Yeshurun Hebrew Congregation for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations. 

Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- state whether the financial statements have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the reasons for any material departure from those standards; 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 confirm that they have complied with the above requirements in preparing the financial statements. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and 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 Companies Act 2006. 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. 

## **Approved by the Board of Trustees on ____________________ and signed on its behalf by:** 

**________________________________Mrs Andrea Cohen ________________________________Mr Simon Lipshaw Chairperson Trustee** 

**________________________________Mr Irvine Piczenik Trustee** 

**7** 



## **Yeshurun Hebrew Congregation INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF YESHURUN HEBREW CONGREGATION** 

We have examined the financial statements of the charity for the financial year ended 31 March 2025, which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet and the related notes. 

This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the Board of Trustees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members, as a body, for our work, or for this report. 

## **Respective responsibilities of trustees and examiner** 

The charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this financial year under Chapter 3 of Part 16 of the Companies Act 2006 and that an independent examination is required. 

## It is our responsibility to: 

- examine the financial statements under section 145 of the Act; 

- follow the procedures laid down by the general Directions given by the Charity Commission under section 145(5) of the Charities Act 2011; and 

- state whether particular matters have come to our attention. 

## **Basis of independent examiner's report** 

Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## **Independent examiner's statement** 

In connection with our examination, no matter has come to our attention which gives us cause to believe that in, any material respect: 

- accounting records were not kept in accordance with section 386 of the Companies Act 2006 

- the financial statements do not accord with those accounting records 

- the financial statements do not comply with the accounting requirements of the Charities Act 

- the financial statements have not been prepared in accordance with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the 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 (FRS102) 

- there is further information needed for a proper understanding of the accounts to be reached. 

We 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 financial statements to be reached. 

## **__________________________________** 

## **MR ERIC LANGER FCA** 

Chartered Accountant and Statutory Auditor 8-10 Gatley Road Cheadle Cheshire SK8 1PY GB 

**Date: ...............................** 

**8** 



## **Yeshurun Hebrew Congregation STATEMENT OF FINANCIAL ACTIVITIES** 

## **(Incorporating an Income and Expenditure Account)** 

for the financial year ended 31 March 2025 

|||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||**Funds**|**Funds**|**Funds**|Funds|Funds|Funds|
|||**2025**|**2025**|**2025**|2024|2024|2024|
||**Notes**|**£**|**£**|**£**|£|£|£|
|**Income**||||||||
|Donations and legacies|**3.1**|**319,138**|**18,786**|**337,924**|369,105|8,644|377,749|
|Other trading activities|**3.2**|**745**|**-**|**745**|7,918|-|7,918|
|Investments|**3.3**|**2,038**|**-**|**2,038**|1,532|-|1,532|
|Other income|**3.4**|**14,025**|**-**|**14,025**|23,756|-|23,756|
|||───────|───────|───────|───────|───────|───────|
|**Total income**||**335,946**|**18,786**|**354,732**|402,311|8,644|410,955|
|||───────|───────|───────|───────|───────|───────|
|**Expenditure**||||||||
|Charitable activities|**4.1**|**354,741**|**1,490**|**356,231**|357,445|2,854|360,299|
|Other expenditure|**4.2**|**-**|**-**|**-**|1,915|20,490|22,405|
|||───────|───────|───────|───────|───────|───────|
|**Total Expenditure**||**354,741**|**1,490**|**356,231**|359,360|23,344|382,704|
|||───────|───────|───────|───────|───────|───────|
|**Net income/(expenditure)**||**(18,795)**|**17,296**|**(1,499)**|42,951|(14,700)|28,251|
|Transfers between funds||**-**|**-**|**-**|-|-|-|
|||───────|───────|───────|───────|───────|───────|
|**Net movement in funds for**||**(18,795)**|**17,296**|**(1,499)**|42,951|(14,700)|28,251|
|**the financial year**||||||||
|**Reconciliation of funds:**||||||||
|Total funds beginning of the|**16**|**226,973**|**367,563**|**594,536**|184,022|382,263|566,285|
|year||||||||
|||───────|───────|───────|───────|───────|───────|
|**Total funds at the end of**||**208,178**|**384,859**|**593,037**|226,973|367,563|594,536|
|**the year**||||||||
|||═══════|═══════|═══════|═══════|═══════|═══════|



The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities. 

The notes on pages 12 to 18 form part of the financial statements 

**9** 



## **Yeshurun Hebrew Congregation Company Number: BALANCE SHEET** 

as at 31 March 2025 

|||**2025**|2024|
|---|---|---|---|
||**Notes**|**£**|£|
|**Fixed Assets**||||
|Tangible assets|**10**|**607,177**|600,324|
|||───────|───────|
|**Current Assets**||||
|Debtors|**11**|**28,497**|61,259|
|Cash at bank and in hand||**132,545**|101,364|
|||───────|───────|
|||**161,042**|162,623|
|||───────|───────|
|**Creditors: Amounts falling due within one year**|**12**|**(69,840)**|(40,296)|
|||───────|───────|
|**Net Current Assets**||**91,202**|122,327|
|||───────|───────|
|**Total Assets less Current Liabilities**||**698,379**|722,651|
|**Creditors**||||
|Amounts falling due after more than one year|**13**|**(26,966)**|(35,971)|
|**Provision for Liabilities and Charges**|**14**|**(78,376)**|(92,144)|
|||───────|───────|
|**Total Net Assets**||**593,037**|594,536|
|||═══════|═══════|
|**Funds**||||
|Restricted trust funds||**384,859**|367,563|
|Designated funds (Unrestricted)||**45,075**|58,131|
|General fund (unrestricted)||**163,103**|168,842|
|||───────|───────|
|**Total funds**|**16**|**593,037**|594,536|
|||═══════|═══════|



The notes on pages 12 to 18 form part of the financial statements 

**10** 



## **Yeshurun Hebrew Congregation Company Number: BALANCE SHEET** 

as at 31 March 2025 

These financial statements have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. 

For the financial year ended 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006; and no notice has been deposited under section 476. 

The trustees confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charity. 

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard. 

**Approved by the Board of Trustees and authorised for issue on ____________________ and signed on its behalf by** 

**________________________________Mrs Andrea Cohen Chairperson** 

**________________________________Mr Simon Lipshaw Trustee** 

**________________________________Mr Irvine Piczenik Trustee** 

The notes on pages 12 to 18 form part of the financial statements 

**11** 



**Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** for the financial year ended 31 March 2025 

## **1. GENERAL INFORMATION** 

Yeshurun Hebrew Congregation is a company limited by shares incorporated in England. The registered office of the charity is  which is also the principal place of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity. 

## **2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES** 

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity’s financial statements. 

## **Basis of preparation** 

The financial statements have been prepared on the going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard. 

As permitted by the Companies Act 2006, the charity has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard formats are to comply with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that SORP. 

## **Statement of compliance** 

The financial statements of the charity for the financial year ended 31 March 2025 have been prepared on the going concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102", applying Section 1A of that Standard. 

## **Fund accounting** 

The following are the categories of funds maintained: 

## **Restricted funds** 

Restricted funds represent income received which can only be used for particular purposes, as specified by the donors. Such purposes are within the overall objectives of the charity. 

## **Unrestricted funds** 

Unrestricted funds consist of General and Designated funds. 

▪ General funds represent amounts which are expendable at the discretion of the board, in furtherance of the objectives of the charity. 

▪ Designated funds comprise unrestricted funds that the board has, at its discretion, set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretion to apply the fund. 

## **Income** 

Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. 

## **Income from charitable activities** 

Income from charitable activities include income earned from the supply of services under contractual arrangements and from performance related grants which have conditions that specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the income because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advance, its recognition is deferred and included in creditors. Where entitlement occurs before income is received, it is accrued in debtors. 

Grants from governments and other co-funders typically include one of the following types of conditions: 

▪ Performance based conditions: whereby the charity is contractually entitled to funding only to the extent that the core objectives of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure, to the extent that it is reimbursable by the donor, as income. 

**12** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

▪Time based conditions: whereby the charity is contractually entitled to funding on the condition that it is utilised in a particular period. In these cases the charity recognises the income to the extent it is utilised within the period specified in the agreement. 

In the absence of such conditions, assuming that receipt is probable and the amount can be reliably measured, grant income is recognised once the charity is notified of entitlement. 

Grants received towards capital expenditure are credited to the Statement of Financial Activities when received or receivable, whichever is earlier. 

## **Expenditure** 

Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity. 

## **Tangible fixed assets and depreciation** 

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: 

Land and buildings freehold - Not depreciated as the estimated realisable value exceeds cost Plant and machinery - 10% Straight line Sifrei Torah - 2.5% Straight line 

## **Debtors** 

Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors. 

## **Cash at bank and in hand** 

Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. 

## **Taxation and deferred taxation** 

No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred. 

|**3.**|**INCOME**|||||
|---|---|---|---|---|---|
|**3.1**|**DONATIONS AND LEGACIES**|**Unrestricted**|**Restricted**|**2025**|2024|
|||**Funds**|**Funds**|||
|||**£**|**£**|**£**|£|
||Small donations individually less than £1,000|**35,827**|**18,786**|**54,613**|58,312|
||Refunds from HMRC on gift aided donations|**-**|**-**|**-**|1,190|
||Individual donations over £1,000|**-**|**-**|**-**|6,499|
||Legacies individually over £1,000|**-**|**-**|**-**|23,000|
||CST Grant|**5,340**|**-**|**5,340**|3,970|
||Membership subscriptions as donations|**277,971**|**-**|**277,971**|284,778|
|||───────|───────|───────|───────|
|||**319,138**|**18,786**|**337,924**|377,749|
|||═══════|═══════|═══════|═══════|
|**3.2**|**OTHER TRADING ACTIVITIES**|**Unrestricted**|**Restricted**|**2025**|2024|
|||**Funds**|**Funds**|||
|||**£**|**£**|**£**|£|
||Letting of property|**745**|**-**|**745**|7,918|
|||═══════|═══════|═══════|═══════|



**13** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

|**3.3**|**INVESTMENTS**||**Unrestricted**|**Restricted**|**2025**|2024|
|---|---|---|---|---|---|---|
||||**Funds**|**Funds**|||
||||**£**|**£**|**£**|£|
||Bank Interest Receivable||**2,038**|**-**|**2,038**|1,532|
||||═══════|═══════|═══════|═══════|
|**3.4**|**OTHER INCOME**||**Unrestricted**|**Restricted**|**2025**|2024|
||||**Funds**|**Funds**|||
||||**£**|**£**|**£**|£|
||Other income||**14,025**|**-**|**14,025**|23,756|
||||═══════|═══════|═══════|═══════|
|**4.**|**EXPENDITURE**||||||
|**4.1**|**CHARITABLE ACTIVITIES**|**Direct**|**Other**|**Support**|**2025**|2024|
|||**Costs**|**Costs**|**Costs**|||
|||**£**|**£**|**£**|**£**|£|
||Gross Wages and Salaries|**47,762**|**-**|**79,575**|**127,337**|138,522|
||Employers' NI|**6,605**|**-**|**-**|**6,605**|7,594|
||Defined benefit pension costs|**-**|**-**|**-**|**-**|13,768|
||Defined Contribution pension costs|**3,301**|**-**|**-**|**3,301**|3,054|
||Travel and Subsistence|**431**|**-**|**-**|**431**|1,446|
||Events, services and festivals|**35,303**|**-**|**-**|**35,303**|31,529|
||Other staff costs|**3,240**|**-**|**-**|**3,240**|2,926|
||Other Charitable activities|**19,540**|**-**|**-**|**19,540**|27,967|
||Bookkeeping|**-**|**-**|**5,363**|**5,363**|4,474|
||Rates and water charges|**3,209**|**-**|**-**|**3,209**|6,262|
||Light heat and power|**24,841**|**-**|**-**|**24,841**|23,859|
||Cleaning and waste management|**-**|**-**|**16,047**|**16,047**|20,372|
||Premises repairs, renewals and|**60,932**|**-**|**-**|**60,932**|23,941|
||maintenance||||||
||Security costs|**-**|**-**|**7,717**|**7,717**|3,098|
||Property Insurance|**-**|**-**|**8,529**|**8,529**|8,638|
||Telephone, fax and internet|**1,082**|**-**|**901**|**1,983**|1,606|
||Postage|**-**|**-**|**2,216**|**2,216**|1,774|
||Stationery and printing|**-**|**-**|**5,926**|**5,926**|4,296|
||Hire of Equipment|**612**|**-**|**-**|**612**|1,951|
||Software licenses and expenses|**4,542**|**-**|**-**|**4,542**|6,118|
||Accountancy fees other than|**-**|**-**|**2,081**|**2,081**|7,331|
||examination or audit fees||||||
||Professional fees|**3,824**|**-**|**-**|**3,824**|6,784|
||Bank charges|**1,863**|**-**|**-**|**1,863**|1,202|
||Loan interest|**3,310**|**-**|**-**|**3,310**|3,473|
||Depreciation & Amortisation for the|**6,039**|**-**|**-**|**6,039**|4,434|
||period||||||
||Governance Costs (Note 4.3)|**-**|**1,440**|**-**|**1,440**|3,880|
|||───────|───────|───────|───────|───────|
|||**226,436**|**1,440**|**128,355**|**356,231**|360,299|
|||═══════|═══════|═══════|═══════|═══════|
|**4.2**|**OTHER EXPENDITURE**|**Direct**|**Other**|**Support**|**2025**|2024|
|||**Costs**|**Costs**|**Costs**|||
|||**£**|**£**|**£**|**£**|£|
||Grants made to organisations|**-**|**-**|**-**|**-**|22,405|
|||═══════|═══════|═══════|═══════|═══════|
|**4.3**|**GOVERNANCE COSTS**|**Direct**|**Other**|**Support**|**2025**|2024|
|||**Costs**|**Costs**|**Costs**|||
|||**£**|**£**|**£**|**£**|£|
||Independent Examiner's fees|**-**|**1,440**|**-**|**1,440**|3,880|
|||═══════|═══════|═══════|═══════|═══════|



**14** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

|**4.4**|**SUPPORT COSTS**|**Charitable**|**2025**|2024|
|---|---|---|---|---|
|||**Activities**|||
|||**£**|**£**|£|
||Insurance|**8,529**|**8,529**|8,638|
||Wages and Salaries|**79,575**|**79,575**|57,048|
||Printing and Stationery|**8,142**|**8,142**|6,070|
||Telephone|**901**|**901**|1,606|
||Security|**7,717**|**7,717**|3,098|
||Bookkeeping|**5,363**|**5,363**|4,474|
||Cleaning|**16,047**|**16,047**|20,372|
||Accountancy|**2,081**|**2,081**|7,331|
|||───────|───────|───────|
|||**128,355**|**128,355**|108,637|
|||═══════|═══════|═══════|
|**5.**|**ANALYSIS OF SUPPORT COSTS**||||
|||**Basis of**|**2025**|2024|
|||**Apportionment**|**£**|£|
||Insurance|Allocated 100% synagogue activities|**8,529**|8,638|
||Wages and Salaries|Allocated 100% synagogue activities|**79,575**|57,048|
||Printing and Stationery|Allocated 100% synagogue activities|**8,142**|6,070|
||Telephone|Allocated 100% synagogue activities|**901**|1,606|
||Security|Allocated 100% synagogue activities|**7,717**|3,098|
||Bookkeeping|Allocated 100% synagogue activities|**5,363**|4,474|
||Cleaning|Allocated 100% synagogue activities|**16,047**|20,372|
||Accountancy|Allocated 100% synagogue activities|**2,081**|7,331|
||||───────|───────|
||||**128,355**|108,637|
||||═══════|═══════|
|**6.**|**NET INCOME**||**2025**|2024|
||||**£**|£|
||**Net Income is stated after charging/(crediting):**||||
||Depreciation of tangible assets||**6,039**|4,434|
||Deficit/(surplus) on disposal of tangible fixed assets||**497**|-|
||Independent Examiner's remuneration:||||
||- independent examination services||**1,440**|3,880|
||||═══════|═══════|
|**7.**|**INVESTMENT AND OTHER INCOME**||**2025**|2024|
||||**£**|£|
||Sundry income||**19,365**|23,756|
||Bank interest||**2,038**|1,532|
||||───────|───────|
||||**21,403**|25,288|
||||═══════|═══════|
|**8.**|**INTEREST PAYABLE AND SIMILAR**|**CHARGES**|**2025**|2024|
||||**£**|£|
||On bank loans and overdrafts||**3,310**|3,473|
||||═══════|═══════|



**15** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

## **9. EMPLOYEES AND REMUNERATION** 

||The staff costs comprise:|||**2025**|2024|
|---|---|---|---|---|---|
|||||**£**|£|
||Wages and salaries|||**127,337**|138,522|
||Social security costs|||**6,605**|7,594|
||Pension costs|||**3,301**|25,460|
|||||───────|───────|
|||||**137,243**|171,576|
|||||═══════|═══════|
|**10.**|**TANGIBLE FIXED ASSETS**|||||
|||**Land and**|**Plant and**|**Sifrei Torah**|**Total**|
|||**buildings**|**machinery**|||
|||**freehold**||||
|||**£**|**£**|**£**|**£**|
||**Cost**|||||
||At 1 April 2024|730,357|199,223|44,214|973,794|
||Additions|-|7,570|8,600|16,170|
||Disposals|-|(5,047)|-|(5,047)|
|||───────|───────|───────|───────|
||At 31 March 2025|730,357|201,746|52,814|984,917|
|||───────|───────|───────|───────|
||**Depreciation**|||||
||At 1 April 2024|176,919|169,261|27,290|373,470|
||Charge for the financial year|-|7,715|1,105|8,820|
||On disposals|-|(4,550)|-|(4,550)|
|||───────|───────|───────|───────|
||At 31 March 2025|176,919|172,426|28,395|377,740|
|||───────|───────|───────|───────|
||**Net book value**|||||
||At 31 March 2025|**553,438**|**29,320**|**24,419**|**607,177**|
|||═══════|═══════|═══════|═══════|
||At 31 March 2024|553,438|29,962|16,924|600,324|
|||═══════|═══════|═══════|═══════|
|**11.**|**DEBTORS**|||**2025**|2024|
|||||**£**|£|
||Trade debtors|||**9,002**|4,986|
||Amounts owed by related parties|||**-**|225|
||Other debtors|||**15,418**|55,342|
||Prepayments and accrued income|||**4,077**|706|
|||||───────|───────|
|||||**28,497**|61,259|
|||||═══════|═══════|
|**12.**|**CREDITORS**|||**2025**|2024|
||**Amounts falling due within one year**|||**£**|£|
||Bank overdrafts|||**123**|-|
||Bank loan|||**10,413**|9,842|
||CF Finance|||**1,439**|-|
||Trade creditors|||**5,506**|1,738|
||Amounts owed to connected parties (Note 17)|||**30**|-|
||Taxation and social security costs|||**-**|1|
||Other creditors|||**30,052**|19,538|
||Accruals and deferred income:|||||
||Pension accrual|||**349**|224|
||Other accruals|||**21,928**|8,953|
|||||───────|───────|
|||||**69,840**|40,296|
|||||═══════|═══════|



**16** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

|**13.**|**CREDITORS**||**2025**|2024|
|---|---|---|---|---|
||**Amounts falling due after more than one year**||**£**|£|
||Bank loan||**25,886**|35,971|
||CF Finance||**1,080**|-|
||||───────|───────|
||||**26,966**|35,971|
||||═══════|═══════|
||Repayable in one year or less, or on demand (Note 12)||**11,975**|9,842|
||Repayable between one and two years||**12,132**|5,971|
||Repayable between two and five years||**14,834**|30,000|
||||───────|───────|
||||**38,941**|45,813|
||||═══════|═══════|
|**14.**|**PROVISIONS FOR LIABILITIES AND CHARGES**||||
|||||**Post-**|
|||||**retirement**|
|||||**benefits**|
|||||**£**|
||At 1 April 2024|||92,144|
||Utilised during the financial year|||(13,768)|
|||||───────|
||At 31 March 2025|||**78,376**|
|||||═══════|
|**15.**|**RESERVES**||||
||||**2025**|2024|
||||**£**|£|
||At the beginning of the year||**594,536**|566,285|
||(Deficit)/Surplus for the financial year||**(1,499)**|28,251|
||||───────|───────|
||At the end of the year||**593,037**|594,536|
||||═══════|═══════|
|**16.**|**FUNDS**||||
|**16.1**|**RECONCILIATION OF MOVEMENT IN FUNDS**|**Unrestricted**|**Restricted**|**Total**|
|||**Funds**|**Funds**|**Funds**|
|||**£**|**£**|£|
||At 1 April 2023|184,022|382,263|566,285|
||Movement during the financial year|42,951|(14,700)|28,251|
|||───────|───────|───────|
||At 31 March 2024|226,973|367,563|594,536|
||Movement during the financial year|(18,795)|17,296|(1,499)|
|||───────|───────|───────|
||At 31 March 2025|**208,178**|**384,859**|**593,037**|
|||═══════|═══════|═══════|



**17** 



continued 

## **Yeshurun Hebrew Congregation NOTES TO THE FINANCIAL STATEMENTS** 

for the financial year ended 31 March 2025 

|**16.2**|**ANALYSIS OF MOVEMENTS ON**|**ANALYSIS OF MOVEMENTS ON**|**FUNDS**|||||
|---|---|---|---|---|---|---|---|
||||**Balance**|**Income **|**Expenditure**|**Transfers**|**Balance**|
||||**1 April**|||**between**|**31 March**|
||||**2024**|||**funds**|**2025**|
||||**£**|**£**|**£**|**£**|**£**|
||**Restricted funds**|||||||
||Capital Fund||335,545|-|185|-|335,360|
||Sifrei Torah Fund||17,000|12,158|1,103|-|28,055|
||Cemetery Maintenance Fund||1,816|328|202|-|1,942|
||Chevra Kadisha||6,337|-|-|-|6,337|
||High Festival Charity||3,768|6,300|-|-|10,068|
||Israel Family Support||3,097|-|-|-|3,097|
||||───────|───────|───────|───────|───────|
||||367,563|18,786|1,490|-|384,859|
||||───────|───────|───────|───────|───────|
||**Unrestricted funds**|||||||
||Property Maintenance Fund||33,363|98|15,210|-|18,251|
||Events Committee Fund||18,096|3,370|3,344|-|18,122|
||The Guild Fund||5,917|1,666|456|-|7,127|
||Gentlemens Discussion Group||758|3,517|2,700|-|1,575|
||General Fund||168,839|327,295|333,031|-|163,103|
||||───────|───────|───────|───────|───────|
||||226,973|335,946|(354,741)|-|208,178|
||||───────|───────|───────|───────|───────|
||**Total funds**||**594,536**|**354,732**|**356,231**|**-**|**593,037**|
||||═══════|═══════|═══════|═══════|═══════|
|**16.3**|**ANALYSIS OF NET ASSETS BY FUND**|||||||
|||**Fixed**|**Current**|**Current**|**Long-term**|**Provisions**|**Total**|
|||**assets**|**assets**|**liabilities**|**liabilities**|||
|||**- charity use**||||||
|||**£**|**£**|**£**|**£**|**£**|**£**|
||Restricted trust|316,579|61,661|**-**|**-**|**-**|378,240|
||funds|||||||
|||───────|───────|───────|───────|───────|───────|
||Unrestricted|-|86,996|**-**|**-**|**-**|86,996|
||designated funds|||||||
||Unrestricted|290,598|12,262|**(69,717)**|**(26,966)**|**(78,376)**|127,801|
||general funds|||||||
|||───────|───────|───────|───────|───────|───────|
|||290,598|99,258|**(69,717)**|**(26,966)**|**(78,376)**|214,797|
|||───────|───────|───────|───────|───────|───────|
|||**607,177**|**160,919**|**(69,717)**|**(26,966)**|**(78,376)**|**593,037**|
|||═══════|═══════|═══════|═══════|═══════|═══════|
|**17.**|**RELATED PARTY TRANSACTIONS**|||||||



The following amounts are due to other connected parties: 

|**2025**|2024|
|---|---|
|**£**|£|
|**30**|-|
|═══════|═══════|



## **18. POST-BALANCE SHEET EVENTS** 

There have been no significant events affecting the Charity since the financial year-end. 

**18**