| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 |
| Report ofthe Independent Auditors |
7 | to | 9 |
| Statement ofFinancial Activities | 10 | ||
| Statement ofFinancial Position | 11 | to | 12 |
| Notes to the Financial Statements | 13 | to | 27 |
| Detailed Statement ofFinancial Activities | 28 | to | 29 |
| 31/12/21 | 31/12/20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
297,723 | 10,754 | 308,477 | 326,875 | ||
| Other trading activities | 149 | 149 | ||||
| Investment income |
54,434 | 54,434 | 46,500 | |||
| Total | 352,306 | 10,754 | 363,060 | 373,375 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 180&797 | 180,797 | 194,479 | |||
| Charitable activities |
||||||
| Charitable Activities |
127772 | 7,680 | 135,452 | 131,791 | ||
| Total | 308,569 | 7,680 | 316,249 | 326,270 | ||
| NET INCOME | 43,737 | 3,074 | 46,811 | 47,105 | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 3,124,031 | 88,219 | 3,212,250 | 3,165,145 | ||
| TOTAL FUNDS CARRIED FORWARD | 3,167,768 | 91,293 | 3,259,061 | 3,212,250 |
| Statement ofFinancial Position 31December 2021 |
|||
|---|---|---|---|
| 31/12/21 | 31/12/20 | ||
| Notes | |||
| FIXEDASSETS | |||
| Intangible assets |
13 | 1,430 | 1,787 |
| Tangible assets | 14 | 2,966,615 | 2,971,267 |
| 2,968,045 | 2,973,054 | ||
| CURRENT ASSETS | |||
| Debtors | 15 | 15,322 | 30,381 |
| Cash at bank and in hand | 319,073 | 266,341 | |
| 334,395 | 296,722 | ||
| CREDITORS | |||
| Amounts falling due within one year |
16 | (43,379) | (54,701) |
| NET CURRENT ASSETS | 291,016 | 242,021 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 3,259,061 | 3,215,075 | |
| CREDITORS | |||
| Amounts falling due after more than one year |
17 | (2,825) | |
| NET ASSETS | 3,259,061 | 3,212,250 |
| FUNDS | 20 | ||
|---|---|---|---|
| Unrestricted funds |
3,167,768 | 3,124,031 | |
| Restricted funds | 91,293 | 88,219 | |
| TOTAL FUNDS | 3,259,061 | 3,212,250 |
| DONATION | S AND LEGACIES |
||
|---|---|---|---|
| 31/12/21 | 31/12/20 | ||
| Subscriptions | 246,134 | 269,272 | |
| Donations Gift aid |
18,654 43,689 |
13,183 44,420 |
|
| 308,477 | 326,875 | ||
| OTHER TRADING ACTIVITIES | |||
| 31/12/21 | 31/]2/20 | ||
| Fundraising | events | 149 |
| 4. | INVESTMENT INCOME | INVESTMENT INCOME | |||
|---|---|---|---|---|---|
| 31/12/21 | 31/12/20 | ||||
| Rent 8c service charge received | 54,080 | 46,500 | |||
| Deposit account interest | 354 | ||||
| 54,434 | 46,500 | ||||
| 5. | RAISING FUNDS | ||||
| Raising donations | and legacies | ||||
| 31/]2/21 | 31/12/20 | ||||
| Premises Upkeep | 9,536 | 25,823 | |||
| Office Costs | 10,810 | 6,351 | |||
| Finance Costs | 2,477 | 1,163 | |||
| Affiliation Fees - RJ |
30,442 | 38,347 | |||
| Sundries | 1,825 | 512 | |||
| Office StaffCosts | 58,965 | 47,575 | |||
| Depreciation | 11,445 | 15,074 | |||
| Burial Costs - JJBS | 41,217 | 50,102 | |||
| Auditors Remuneration |
5,000 | 4,800 | |||
| Professional Fees |
8,830 | 4,732 | |||
| Accountancy | 250 | ||||
| 180,797 | 194,479 | ||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 7) | note 8) | Totals | |||
| Charitable Activities |
99,670 | 35,782 | 135,452 |
| DIRECT | COSTSOF CHARITABLE ACTIVITIES | ||
|---|---|---|---|
| 31/12/21 | 31/12/20 | ||
| Staffcosts | 80,813 | 78,991 | |
| Religious | Services | 4,839 | 8,180 |
| High Holy | Day Costs | 2,880 | |
| Security Costs | 5,197 | 1,463 | |
| Education | Youth &Adult Study | 5&941 | 3,361 |
| 99,670 | 91,995 |
| Other | ||||
|---|---|---|---|---|
| Charitable | Activities | 35,782 | ||
| Support costs, included | in the above, are as follows: | |||
| 31/12/21 | 31/12/20 | |||
| Charitable | Total | |||
| Activities | activities | |||
| Cai*etakers | and Cleaners | 19,873 | 25,059 | |
| Telephone | 3,753 | 3,654 | ||
| Printing, Postage & Stationery |
3,832 | 2,887 | ||
| Hire ofOffice Equipment | 644 | 2,739 | ||
| High Holy | Day Appeal | 3,832 | 4,222 | |
| Jack Petchey Award Scheme | 142 | 275 | ||
| Sefer Torah | Repair fund | 960 | ||
| B'nei Torah | scheme | 125 | ||
| Tuesday club fund | 1,357 | |||
| General refurbishment | fund | 2,224 | ||
| 35,782 | 39,796 |
| STAFF C | OSTS | ||||
|---|---|---|---|---|---|
| 31/12/21 | 31/12/20 | ||||
| Wages and | salaries | 80,813 | 78,991 | ||
| 80,813 | 78,991 | ||||
| The average monthly | number ofemployees | during the year was as follows: | |||
| 31/12/21 | 31/12/20 | ||||
| Ministerial | 2 | 1 | |||
| Administrative | 3 | 2 | |||
| Education | and Youth | 1 | 1 | ||
| Other | 2 | 2 |
| for t | he Year Ended 31December 2021 | he Year Ended 31December 2021 | he Year Ended 31December 2021 | he Year Ended 31December 2021 | he Year Ended 31December 2021 | |
|---|---|---|---|---|---|---|
| 11. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER | 2020 | ||||
| Unrestricted | Restricted | Total | ||||
| .fund | fund | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
318,454 | 8,421 | 326,875 | |||
| Investment income |
46,500 | 46,500 | ||||
| Total | 364,954 | 8,421 | 373,375 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 194,479 | 194,479 | ||||
| Charitable activities |
||||||
| Charitable Activities |
126,334 | 5,457 | 131,791 | |||
| Total | 320,813 | 5,457 | 326,270 | |||
| NET INCOME | 44,141 | 2,964 | 47,105 | |||
| Transfers between funds |
15,572 | (15,572) | ||||
| Net movement in funds |
59,713 | (12,608) | 47,105 | |||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 3,064,318 | 100,827 | 3,]65,145 | |||
| TOTAL FUNDS CARRIED FORWARD | 3,124,031 | 88,219 | 3,212,250 |
| INTANGIBLE FIXEDASSETS | |
|---|---|
| Website | |
| COST | |
| At 1 January 2021 and 31 December 2021 | 4,767 |
| AMORTI SATION | |
| At 1 January 2021 |
2,980 |
| Charge for year | 357 |
| At 31 December 2021 | 3j337 |
| NET BOOKVALUE | |
| At 31 December 2021 | 1,430 |
| At 31 December 2020 | 1,787 |
| Security, | ||||
|---|---|---|---|---|
| Fencing | ||||
| Freehold | and | Religious | ||
| property | Lighting | Apputtenances | ||
| COST | ||||
| At | 1 January 2021 | 2,900,000 | 43,559 | 7,535 |
| Additions | ||||
| At | 31December 2021 | 2,900,000 | 43,559 | 7,535 |
| DEPRECIATION | ||||
| At | 1 January 2021 | 43,559 | 3,989 | |
| Charge for year | ||||
| At | 31December 2021 | 43,559 | 3&989 | |
| NET BOOK VALUE | ||||
| At | 31December 2021 | 2,900,000 | 3,546 | |
| At | 31December 2020 | 2,900,000 | 3,546 |
| 60th | |||||
|---|---|---|---|---|---|
| Fixtures | Anniversary | ||||
| and | Torah | Computer | |||
| fittings | Scroll | equipment | Totals | ||
| COST | |||||
| At | 1 January 2021 | 106,882 | 24,000 | 10,877 | 3,092,853 |
| Additions | 6,805 | 591 | 7,396 | ||
| At | 31 December 2021 | 113,687 | 24,000 | 11,468 | 3,100,249 |
| DEPRECIATION | |||||
| At | 1 January 2021 | 59,466 | 4,320 | 10,252 | 121,586 |
| Charge for year | 10,845 | 960 | 243 | 12,048 | |
| At | 31 December 2021 | 70,311 | 5,280 | 10,495 | 133,634 |
| NET BOOK VALUE | |||||
| At | 31 December 2021 | 43,376 | 18,720 | 973 | 2,966,615 |
| At | 31 December 2020 | 47,416 | 19,680 | 625 | 2,971,267 |
| DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31/12/21 | 31/12/20 | |||
| Trade debtors | 4,247 | 14,023 | ||
| Other debtors | 9,880 | 11,515 | ||
| Prepayments | and accrued | income | 1,195 | 4,843 |
| 15,322 | 30,381 | |||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31/12/21 | 31/12/20 | |||
| Bank loans and overdrafts | (see note 18) | 3,414 | 10,000 | |
| Trade creditors | 17)124 | 10,693 | ||
| Taxation and | social security | 375 | ||
| Other creditors | 22,466 | 34,008 | ||
| 43,379 | 54,701 |
| 31/12/21 | 31/12/20 | |||||
|---|---|---|---|---|---|---|
| Bank | loans | (see | note | 18) | 2,825 |
| 31/12/21 | 31/12/20 | |||||
|---|---|---|---|---|---|---|
| Amounts falling due within one year on demand: |
||||||
| Bank loans | 3,414 | 10,000 | ||||
| Amounts falling between one and two years: |
||||||
| Bank loans - | 1-2years | 2,825 | ||||
| 19. | ANALYSIS | OFNET ASSETSBETWEEN FUNDS | ||||
| 31/12/21 | 31/12/20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Fixed assets | 2,968,045 | 2,968,045 | 2,973,054 | |||
| Current assets | 243,102 | 91,293 | 334,395 | 296,722 | ||
| Current liabilities | (43,379) | (43,379) | (54,701) | |||
| Long tenn liabilities | (2,825) | |||||
| 3,167,768 | 91,293 | 3,259,061 | 3,212,250 | |||
| 20. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1/1/21 | in funds | 31/12/21 | ||||
| Unrestricted | funds | |||||
| General fund | 3,124,031 | 43,737 | 3,167,768 | |||
| Restricted funds | ||||||
| Restricted Funds | 88,219 | 3)074 | 91,293 | |||
| TOTAL FUNDS | 3,212,250 | 46,811 | 3,259,061 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 352,306 | (308,569) | 43,737 | ||
| Restricted funds | |||||
| Restricted Funds | 10,754 | (7,680) | 3,074 | ||
| TOTAL FUNDS | 363,060 | (316,249) | 46,811 | ||
| Comparatives for movement |
in funds | ||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1/1/20 | in funds | funds | 31/12/20 | ||
| Unrestricted funds |
|||||
| General fund | 3,064,318 | 44,141 | 15,572 | 3,124,031 | |
| Restricted funds | |||||
| Restricted Fm.ds | 100,827 | 2,964 | (15,572) | 88,219 | |
| TOTAL FUNDS | 3,165,145 | 47,105 | 3,212,250 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 364,954 | (320,813) | 44,141 |
| Restricted funds | |||
| Restricted Funds | 8,421 | (5,457) | 2,964 |
| TOTAL FUNDS | 373,375 | (326,270) | 47,105 |
| At 01/01/21 | Net Movements | Transfers | At 31/12/21 | |||
|---|---|---|---|---|---|---|
| Unrestricted Funds |
||||||
| General Fund | 1,125,844 | 43,737 | 1,169,581 | |||
| Legacies and Bequests | 1,000 | 1,000 | ||||
| Revaluation Reserve |
1,997,187 | 1,997,187 | ||||
| 3,124,031 | 43,737 | 3,167,768 | ||||
| Restricted Funds | ||||||
| Special Burial Fund | 31,890 | 31,890 | ||||
| Charitable Trust Fund |
417 | 417 | ||||
| Tuesday Club Fund | 1,357 | (1,357) | ||||
| Bluementhal Prize Fund |
490 | 490 | ||||
| Krasnador Fund |
245 | 245 | ||||
| B'nel Torah Scheme | 7,160 | (125) | 7,035 | |||
| Education and Youth |
722 | 722 | ||||
| High Holy Day Appeal | 16,200 | 1,728 | 17,928 | |||
| israel Action Group | 625 | 625 | ||||
| Building Fund | 2,290 | 49 | 2,339 | |||
| Community and Youth |
4,510 | 4,510 | ||||
| Jack Petchey Award Scheme | 6,884 | (142) | 6,742 | |||
| Sefer Torah Repair Fund | 4,636 | 4,636 | ||||
| Harry Jassby Grave Maintenance | Fund | 210 | 210 | |||
| Handrails Prayer Hall Fund |
3,929 | 3,929 | ||||
| General Refurbishment | Project | 1,564 | (1,564) | |||
| Car Park Reserve Fund | 90 | 90 | ||||
| Miriam Landsman Prize |
Fund | 5,000 | 5,000 | |||
| Library Fund | 4,485 | 4,485 | ||||
| 88,219 | 3,074 | 91,293 | ||||
| TOTAL FUNDS | 3,212,250 | 46,811 | 3,259,061 |
| 31/12/21 | 31/12/21 | 31/12/21 | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| Resources | Expended | in funds | ||
| Unrestricted Funds |
||||
| General Funds | 352,306 | (308,569) | 43,737 | |
| Restricted Funds | ||||
| High Holy Day Appeal Jack Petchey Award Scheme B'nei Torah Scheme Tuesday Club Fund Building Fund |
5,560 49 |
(3,832) (142) (125) (1,357) |
1,728 (142) (125) (1,357) 49 |
|
| General Refurbishment Library Fund |
Fund | 660 4,485 |
(2,224) | (1,564) 4,485 |
| 10&754 | (7,680) | 3,074 | ||
| TOTAL MOVEMENT | OF FUNDS | 363,060 | (316&249) | 46&811 |
| for the Year End | ed 31December 2021 | ||
|---|---|---|---|
| 31/12/21 | 31/12/20 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Subscriptions | 246,134 | 269,272 | |
| Donations | 18,654 | 13,183 | |
| Gift aid | 43,689 | 44,420 | |
| 308,477 | 326,875 | ||
| Other trading activities |
|||
| Fundraising events |
149 | ||
| Investment income |
|||
| Rent &service charge received | 54,080 | 46,500 | |
| Deposit account interest | 354 | ||
| 54,434 | 46,500 | ||
| Total incoming resources | 363,060 | 373,375 | |
| EXPENDITURE | |||
| Raising donations | and legacies | ||
| Premises Upkeep | 9,536 | 25,823 | |
| Office Costs | 10,810 | 6,351 | |
| Finance Costs | 2,477 | 1,163 | |
| Affiliation Fees - RJ | 30,442 | 38,347 | |
| Sundries | 1,825 | 512 | |
| Office StaffCosts | 58,965 | 47,575 | |
| Depreciation Burial Costs - JJBS |
11,445 41,217 |
15,074 50,102 |
|
| Auditors Remuneration Professional Fees |
5,000 8,830 |
4,800 4,732 |
|
| Accountancy | 250 | ||
| 180,797 | 194,479 |
| for the Year Ended | 31December 2021 | ||
|---|---|---|---|
| 31/12/21 | 31/12/20 | ||
| Raising donations and |
legacies | ||
| Charitable activities |
|||
| Wages | 80,813 | 78,991 | |
| Religious Services | 4,839 | 8,180 | |
| High Holy Day Costs | 2,880 | ||
| Security Costs Education Youth &Adult Study |
5,197 5,941 |
1,463 3,361 |
|
| 99,670 | 91,995 | ||
| Support costs | |||
| Other | |||
| Caretakers and Cleaners Telephone Printing, Postage &Stationery Hire ofOffice Equipment |
19,873 3,753 3,832 644 |
25,059 3,654 2,887 2,739 |
|
| High Holy Day Appeal Jack Petchey Award Scheme |
3,832 142 |
4,222 275 |
|
| Sefer Torah Repair fund | 960 | ||
| B'nei Torah scheme | 125 | ||
| Tuesday club fund | 1,357 | ||
| General refurbishment | fund | 2&224 | |
| 35,782 | 39,796 | ||
| Total resources expended | 316,249 | 326,270 | |
| Net income | 46,811 | 47,105 |