Charity registration number: 246773
Nottingham Liberal Synagogue
Annual Report and Financial Statements
for the Year Ended 31 December 2023
Community A¢Lounting Plus
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL

Nottingham Liberal Synagogue
Contents (continued)
Reference and Administrative Details
Trustees, Report
2to4
Statement of Truste¢s' Responsibilities
Independent Examiner's Report
Statement of Financial Activities
7t08
Balance Sheet
Notes to the Financial Statements
IOto20

Nottingham Liberal Synagogue
Reference and Administrative Details
Trustees
Susan King. Honorary Chair
Anlony Moss. Honordry Vice Chair
Nomian Glyn Jacobs, Honorary Treasurer
Jeffrey Book. Joint Honorary Secretary
Rachel Reeves, Joint Honorary Secretary
Paula Scott, President
David Bogod, Vice President
Peter Gordon
Naomi Posner
Nick Rubins
Catherine Strauss
Allyson Kingsley
Michelle Hillary
Ayari Tudor-Jones
David Lipman, (Holding Trustee)
Danny Rubins. (Holding Trustee)
Dr Michael Harris. (Holding Trustee)
Rabbi Gill Zidkij'ahu
Senior Management Team
Charity Registration Number
24677)
Principal Office
Lloyd Street
Sherw'ood
Nottingham
NG5 4BP
Independent Examiner
Jolm O'Brien. employee of
Community Accounting Plus
Units l & 2 North West
41 Talbot Street
Nottin2ham
NGI 5GL
Page I

Nottingham Liberal Synagogue
Trustees, Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31
December 2023.
Trustees and officers
The trustees and officers serving during the year and since the year end were as follows..
Trustees..
Susan King. Honorary Chair
Antony Moss. Honorary Vice Chair
Nom]an Glyn Jacobs. Honorary Treasurer (appointed 2J April 202J)
Jeffrey Book. Joint Hov]orary Secretary
Rachel Reeves. Joint Honorary Secretary
Paula Scott, President
David Botsod. Vice President (appoTnted 2J April 2023)
Peter Gordon (appointed 2) April 202J)
Naomi Posner
Nick Rubins
Catherine Strauss
Allyson Kingsley
Michelle Hillary
Ayari Tudor-Jones
David Lipman, (Holding Trustee)
Danny Rubins, (Holding Trustee)
Dr Michael Harris. (Holding Trustee)
Darren Barker (resitsned 2) April 202))
Jonathan Corne (resigned 2) April 2023)
Strueture* governance and management
Nature ofgoverning documenl
The Charity is operated under the wles of its constitution adopted 1st April 1965 and most recently amended
24th April 2022.
Induction and training oflruslees
All new Trustees are briefed by the Chair as io their dulles and responsibilities at their first meeting attended.
Where specific training is identified or necessarv. to ensure ihat Trnstees can carry out their responsibilities, this
training is undertaken. All Trustees sign a declaration that they are eligible to act as Trustees of the congregatioii
as required by the Charities Commission.
Page 2

Nottingham Liberal Synagogue
Trustees, Report (continued)
Objectives and actii'ities
Objects and aims
The object of the Congregation is the advancement of Liberal and Progressive Judaism. In furtherance of this,
the Congregation has the following obligations-
a) To provide and maintain a place olworship and spiritual leadership-
b) To conduct services-
c) To provide religious education for members and their children-
d) To provide facilities for the instruction of proselytes under the rule5 of Liberal Judaism.
e) To 501emnise baby ble55ing5, BarlBatmitzvah. Kabbalat Torah. Marriage5. Buria15 and Cretnations for
Inernbets;
0 To perfonn such other religious, social and charitable activities as the Council shall detennine;
g) To use its best endeavours to play an aclive role in the life of the je￿.ish and wider communities;
h) To be a member of Liberal Judaism and to support its aims.
Public benefi¢
The trustees confirm that theN have complied with the requirements of section 17 of the Charities Act 201 I to
have due regard to the public benefit guidance published by the Charity Cotnmission lor England and Wales.
Achievements and performanee
Chair's report
by Susan King
2022 was a year of cautious return to in person events and activities: as well as featuring the recruitment and
start of our new rabbi. Gill Zidkiyahu. In contrast. 2023 has seen an increase in activities and in person
attendance. The majority of our attendees at services were in person, though Zoom remains a lifeline for those
who are ill or live far away.
2023 has been the first full year with Rabbi Zidkiyahu. who brings enthusiasm and genuine spirituality to
services. A critical event of the past year has of course been ihe attack in Israel on October 7th, and all that
followed. Rabbi Gill has been central to enabling us 10 deal with our responses to these events, sharing our
thoughts and feelings, giving and receiving supporL without any differences leading to conflict. We were also
heartened by the many supportive messages we received from non-jewish organisations and individuals.
A major achievement this year has been the purchase of the freehold to the land on which the synagogue stands.
This followed Noitin¥ham City council offering us that opportunity instead of having to pay a signifie&ntly
increased rent. Thank-s are due to Suzan Rubins who conducted the negotiations. and to all the donors large and
small who contributed to the fundraising. Fundraising continues, to replenish our cash reserves after this large
transaction.
Regular activiiies have been maintained. These include services, for which we also have to thank our Rites and
Practices committee and lay leaders. Other regular pursuits with a range of leaders and participants include our
film club, book club, walks, study sessions, and social activities.

Nottingham Liberal Synagogue
Trustees, Report (continued)
NLS Council has continued with quarterly Sunday Tnorning meeting5 to develop our comtnunity vision, our
strategy in specific areas, and to support the implemenlation of these idea5. We are working on issues of
welcome for both new and established member5. to m&ximise the sense of belonging that leads to engagen]ent.
We are also reviewing our govemance arrangements and constitution. learning from other congregations,
leading to the amendments that are being proposed at this AGM. And we are beginning to address leadership
development, creating smaller roles that can forni a 'ladder' for volunteers to progress to bigger roles when they
are ready.
Thanks are due to our paid staff Wendy Prestney. Lauren Knifton Fainberg, Rabbi Zidkiyahu, Alex Mottier our
cheder administrator, and Chris Woodw'ard our caretaker. and to all our volunteers.
Susan King, April 2024
Financial review
Summary
The financial state of the Congregation remains satisfactory but we used £50,000 of General Funds to support
the purchase of the freehold of the shul and we are beginning to use the monies saved in the Rabbinic Fund to
support our annual rabbinic expenditure.
Highlights
202J was a remarkable year for the congregation. In July we were able to purchase the freehold interest in the
shul from Nottingham City Council. The opportunity was negotiated by a small team who also worked to raise
funds of approximalely £180,000 to complete the purchase. This is a considerable achievement by a dedicated
group of members to whom we owe our thanks. Funds raised by appeal to us all ￿ere roughly £ l JO,000 and this
figure is swollen by Ihe remarkable generosity of a few families. We applied about £50,000 of general funds to
complete the purchase and, as you know,, w'e are se¢kin? (o "restore. those funds.
The Annual Accounts
The funds raised by the congregation were so substantial in 2023 that we have exceeded the threshold set by the
Charity Commission below M,hich small charities are allowed to prepare "simplified," accounts and our accounts
now have to be prepared on the accruals basis.
Policy on reserves
We hold reserves to allow us to face unforeseen financial cornmitments and expenditure. Our target is £50,000,
which represents appro¥imately six months, expenditure. Reserves stand at £20),53J. We add to the reserves
from time to time if the financial situation pennits. There are no current plans to draw down from the reserves.
The policy is review¢d annually.
Plans for future periods
Aims ond A"ry objeclivesforfulureperiods
Although the financial state of the Congregation is satisfactory, the congregation cannot wholly support, from
annual income, both the costs of the synagogue and the costs of a rabbi. This has been the result of the wholly
commendable and brave decisions taken by Council over many years to invest in both the shul and its Rabbi.
The expenditure is investment in the congregation itself. Nevertheless. the reserves of the Rabbinic Fund are
being used to maintain our expenditure. This is wholly supportable for a few years but. ii) the longer tern), the
congregation tnust either raise further funds or reduce its expenditure.
Page 4

Nottingham Liberal Synagogue
Statement of Trusteesl Responsibilities
The trustees are responsiThle for preparing the tn￿lee5. report and the financial statements in accordance with the
United Kingdom Accowiring Standards (United Kingdom GeDernUy Accwed Ac¢ouDting Practice) and
applicable law and regulations.
The law applicable to charities requires the tNsiees to pr¢parc fmancial statements for each fmancial year which
give a true and flir view of the $12te of affairs of the charity and of the incoming resources and application of
resources of the charity for that period. In preptiring these financial Sta￿ents. the trustees are required to..
select suitablc accounting policies and then appty them consistently:
observe the methods aDd principle5 in the Charities SORP;
make judgements aDd estimates that are reasonable aDd pwdent.
statc whether applicable accounting swidariLs have been follow￿ subject to any material dwrtures
al￿105¢d and explained in the financial statwnents: and
prepare the fmancial statements on the going concern basis it is inappropriate to presume that the
charity will continue in business.
The tn￿teeS are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the [￿￿Tr¢ial position of the cbarity and enable them to ensure that the fmancial thtements comply with the
Charities Act 2011, the Charitie5 (Accounts and RepoTts) Regthations 2008. and the provisions of the
onstitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking
re&sonable steps for the prevention and detcrtion olfraud aDd other ilTegul&rities.
The trustees are responsible for the tnaintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation governing the preparation and diksemination of
financial 5tstements may differ from legislation in other jurtsdictions.
1910412024 and siglled on its behalf by:
Approvcd by the trustees of the charity OD ...
Susan King
Trustee
Page 5

Nottingham Liberal Synagogue
Independent Examiner's Report to the trustees of Nottingham Liberal Synagogue
Independent examiner's report to tbe trustees of Nottingham Liberal Synagogue
I report to the trustees on my examination of the accounts of Nottingham Liberal Synagogue (the Charity) for
the year ended 31 December 2023.
Responsibilities and basis of report
As the trustees of the charity 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 Charitv's accounts carried out under section 145 of the 201 l Act
and in carrying out my examination I have followed all the applicable directions given by the Charity
Commission under section 145(5)(b) of the Act.
Independenl examiner's slatement
Since the Charity s gross income exceeded £250.000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confim) that l am qualified to undertake the examination because l am a member
and Fellow of the Association of Charity Independent Examiners. which is one of the listed bodies.
I have completed my examination. I confirm that no 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 Charity as required by section l JO of the Act; or
2. the account5 do not accord with those records- OT
3. the accounts do not comply M'ith the accounting 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 fairf 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 draw￿ in this report in order to enable a proper understanding of the accounts to be reached.
ionn u tsrien iviJc, rALA, rLCA, FCIE. employee of Community Accounting Plus
Fellow of the Association of Charity Independent Examiners
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
1910412024
Page 6

Nottingham Liberal Synagogue
Statement of Finaneial Activities for the Year Ended 31 December 2023
Total
2023
Total
2022
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
36,670
95,456
36,670
245,043
42,664
126,798
149.587
2.788
i,591
2,207
Total Income
lJJ,665
15?.)75
286,040
173,802
Expenditure on:
Raising funds
Charitable activities
(617)
(178.900)
{617)
(202,002)
(2.207)
(157,738)
(23,102)
Total Expenditure
{179.517)
(2J,102}
(202,619)
(159,945)
Net (expenditure)/income
Gross transfers between funds
(45.852)
16?,882
129,273
(16? 882)
83,421
13,857
Net movement in funds
117,OJO
(J),609)
13,857
Reconciliation of funds
Total funds brought fonvard
1.605.918
2J6,95J
1,84? 871
1,829,014
Total funds carried fonyard
20
1.722.948
20J.)44
1,926,292
1,842,871
All of the charity's activities derive from continuing operdtions during the abov¢ two periods.
The funds breakdowTr for the period is 5howTr in note 20.
The notes on pages l O to 20 fomi an integral part of these financial statements.
Page 7

Nottingham Liberal Synagogue
Statement of Financial Activities for the Year Ended 31 December 2023 (continued)
These are the figures for the previous accounting period and are included for comparative purposes
Total
2022
Unrestrieted
Restricted
Iyote
Income and Endowments from:
Donations and legacies
Charitable activitie5
Other trading activities
Investment income
42,664
66,fv15
2,133
696
42,664
126,798
2,133
2.207
60,153
1,511
Total Income
61,664
173,802
Expenditure on:
Raising funds
Charitable activities
(2,207)
(1?1,788)
(2.207)
(157.738)
(J5,9iO)
Total Expenditure
(1 ?3,995)
(35,950)
(159.945}
Net movement in funds
(11,857)
25,714
13,857
Reconciliation of funds
Total funds brought fonyard
1,617.775
211,2J9
1,8?9,014
Total funds carried fonvard
20
1.605.918
236,95J
1,84? 871
The notes on pages l O to 20 fomi an integral part of these financial statements.
Page 8

Nottingham Liberal SyDagogue
(Registrdtion number: 246773)
BAlgn¢e Sheet as at 31 Docembor 2023
2022
Note
Fixed a&*ets
Tangible as￿$
Investments
13
14
1,704.415
185,(K)O
1,522,521
185.000
,889.415
.707.521
Current 4ssets
Stocks
DebtOT5
15
16
17
,595
23,217
27.038
37,878
106.520
51,850
146,389
Creditors: Awounts fallillg due within one year
Net rurrellt a55ets
18
(14,9731
{11,039)
36.877
135.350
Net assets
1.926.292
1,842.871
Fund5 of tbe charity:
Restrieted income ￿ndS
Restricted f￿)d$
203.344
236,953
Unrestritted income funds
Unrestricted funds
1.722.948
I,(1)5,918
Tot*1 funds
20
1,926292
1.842.871
Thc fEnat]cfftal *atrwncnts on pagcs 7 kn 20 wcrc appEovcd by thc tnjstees. and authorised for iwuc on
1910412024 and signcd on thew bet￿lf ty:
Trustcc
The notes on ￿¢S 10 to 20 rOT￿ iDtegrnl part of these financiat statcmcnt&
Page 9

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 December 2023
l Accounting policie5
Statement of compliance
The financial statemenis have been prepared in accordance with the second edition of the Charities Statement of
Recommended Practice issued in October 2019, the Financial ReFK)rting Standard applicable in the United
Kingdom and Republic of Ireland (FRS 102) and the Chariiies Act 2011.
Basis of preparation
Nottingham Liberal Synagogue meets the definition of a public benefit entit). under FRS 102. Assets and
labilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant
accounting policy notes.
Exemption from preparing a cash flow statement
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement
of Cash Flows within the financial statements.
Going concern
The financial statements have been prepared on a going concern basis.
The trustee5 assess whether the use ol going concern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a period of one year from the date
of approval of the financial statements.
Income and endowments
Volunlary income including donations, gifts, legacies and grants that provide Core funding or are of a general
nature is recognised when the charity has entiilement to the income. it is probable that the income will be
received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be
reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where perfomiance conditions are attached to the grant and are yet to be meL the income is
recognised as a liability and included on the balance sheet as deferred income to be released.
Invcslment income
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Page 10

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
Expenditure
All expenditure is recognised once there 15 a legal or constructive obligation to that expenditure. it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that a
gregates similar costs to that categorv. Where costs cannot be directly attributed to
particular headings they have been allocated on a basis consistent with the use of resources, with central staff
costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff costs.
Rai.singfunds
These are costs incurred in attracting volunlary income, the management of investments and those incurred in
trading activities that raise funds.
Charilable aclivities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and Services
for its beneficiaries. It includes both costs that can be allocated directl). to such activities and those costs of an
indirect nature necessary to support them.
Governance costs
These include the Costs attribuiable to the charity's compliance with constitutional and slatutory requirements,
including audit, strategic management and trustees meetings and reimbursed expenses.
Government grants
Government grants are recotrnised based on the accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue
are recognised in income over the period in which the related costs are recognised. Grants relating to assets are
recognised over the expected useful life of the asset. Where part ol a grdnt relating to an asset is deferred, it is
reLognised a5 dcfctrcd inLomc.
Taxation
The charity is considered to pass the lests set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporalion tax purposes. Accordingly, the
charity is potentially exempt from taxation in respect of income or capital gains received within categories
covered by Chapter J Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992: to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500.00 or more are initially recorded at cost. less any subsequent accumulated
depreciation and subsequent accumulated impairnient1055es.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to MTite off the c05t or valuation, less any estimated
residual value, over their expected useful economic life as folloM's=
Asset class
Depreciation method and rate
General Equipment
20 % on a straight line basis
Scrolls & Silverware
No depreciation applied
The cost of land included in the balance sheet but not depreciated is £1,477,632.
Page I

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
Fixed assel investments
Fixed a55et investtnents. other than Programme related investments. are included at market value at the balance
sheet date. Realised gains and losses on investtnents are calculated as the difference between sales proceeds and
their market value at the start of the year: or their subsequent cosL and are charged or credited to the Statement
of Financial Activities in the period of disposal.
Unrealised gains and losses represent ihe movement in market values durin2 the year and are credited or
charged to the Statement of Financial Activities based on the market value at the year end.
Stock
Stock is valued at the lower of Cost and estimated selling price less costs to complete and sell, after due regard
for obsolete and slow moving stocks. Cost is deiem)ined using the first-in. first-out (FIFO).
Trade debtors
Trade debtors are amounts due from customers lor merchandise sold or services perfomied in the ordinary
course of business.
Trade debtor5 are recogni5ed initially at the transaction Price. They are subsequev]tIy Tnea5ured at amortlsed cost
using the effective interest method, less provision for impairment. A provision for the impainnent of debtors is
established when there is obj¢clive evidence thai the charity will not be able to collect all amounis due
according to the original tenns of the receivables.
Cash and eash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tern) highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trade creditors
Trade creditors are obligations to pay for go(MJs or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified a5 Current liabilitie5 if the charity does not have an
unconditional right. at the end of the reporting period to defer settlement ol the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest meihod.
Borrowings
Interest-bearing borrowings are initially recorded at fair value. net of transaction costs. Interest-bearing
borrow'ings are subseqiienily carried at amortised cost. with the difference betw'eeii the proceeds, net of
transaction costs. and the amouni due on redemption being recognised as a charge to the over the period of the
relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charge5.
Borrowings are classified as current liabilities unless the has an unconditional right to defer settlement of the
liability for at least tw'elve months after the reporting date.
Page 12

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
Fund struclure
Unrestricted income fund5 are general funds that are available for use at the trustees, discretion in furtherance of
the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which
is restricted to that area or purpose.
Pensions and other posl retirement obligalions
The charity operates a defined coniribulion pension scheme which is a pension plan under whiih fixed
contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further
contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to
employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are
due. If contribution pajinents exceed the contribution due for service. the excess is recognised as a prepayment.
2 Income from donations and legacies
Unreslrieled
funds
General
Total
2023
Total
2022
Donations and legacies-
Donations from companies, trusts and similar
proceeds
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Government grants
970
970
10.814
23.000
10,814
6,519
.886
1,886
36,670
42,664
3 Income from charitable activities
Unrestricted
funds
General
Restricted
funds
Totsl
2023
Total
2022
Restricted grants
Members subscriptions
Board of deputies leiy
Burial fund and funera15
Fees for trips
Sales
Sundry receipts
149,587
149,587
58,066
30
60,153
60,048
2.000
3,705
58,066
19,035
1,150
1,150
892
95,456
149,587
24i.04J
126,798
Page l)

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
4 Income from other trading activitie5
Unrestricted
funds
General
Total
funds
Total
2022
Fundraising income
736
7i6
5 Investment income
Unrestricted
funds
General
Restricted
funds
Total
2023
Total
2022
Interest receivable and similar
income;
Interest receivable on bank
deposits
2.788
3,591
2,207
Page 14

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
6 Expenditure on charitable activities
Unrestricted
funds
General
Restricted
funds
Total
2023
Total
2022
Affiliation fees & licences
Burial, funeral & memorial
expenses
Rabbi costs
12.086
12,086
15,929
4,674
7,400
4,674
7,400
4.901
19,652
Catering & refreshments
Cheder costs
Donations
Equipment
Utilities
Insurances
Management & admin costs
Staff expenses
Professional fees
2,815
2,815
6,375
55
2,365
6.000
55
1,130
7,172
7,172
7,390
6,922
648
6,990
15,455
5,866
4,050
1,284
6,798
6,917
648
3,822
425
3,822
425
Rent & rates
Repairs & renewals
Service costs
Trips
Wages, NI & pension
Sundry payments
6,651
6,651
353
15,640
15,640
116.090
1.150
276
17.097
63,052
1.1_50
178,900
23,102
202,009
157,7J8
7 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
General
Total
2023
Total
2022
Fundraising trading costs.
Fundraising
617
617
2,207
617
617
2,?07
Page 15

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
8 Lyet incomingloutgoing resources
Net incoming resources for the year include-.
2023
2022
Depreciation of fixed assets
581
9 Independent examiner's fees
During the period. the fee5 payable (excluding VAT) to the charity's independent exan]iner Community
Accounting Plus are analysed as follom's:
2023
2022
Independent examination
1,176
1,176
10 Staff costs
The aggregate payroll costs were as follows-
2023
2022
Staff costs during the year were:
Wanes and salaries
Social security costs
Pension costs
106,268
4,696
5,126
57,474
3,712
1,866
116,090
63.052
The monthly average number of persons (including senior management team) employed by the charity during
the j'ear was as folloivs:
2023
2022
Nuii]ber of employees
4 (2022 - 4) of the above employee5 participated in the Defined Contribution Pension Scheme5.
Contributions to the employee pension schemes for the year totalled £5,126 (2022- £1.866).
The number of employees whose emoluments fell within the following bands was:
2023
2022
£70,001- £80,000
The total employee benefits of the key management personnel of the charity were £72,007 (2022 - £15,614).
Page 16

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
I l Trustees remuneration and expense5
No trustees, nor any persons connected with them, have received any ietnuneration from the charity during the
year.
No trust¢es have received any reimbursed expenses or any other benefits from the charity during the year.
12 Taxation
The charity is a registered charity and is therefore exempt from taxation.
13 Tangible fixed assets
Land and
building5
General
equipment
Scrolls &
silvenvare
Total
Cos1
At l January 202J
Additions
1,298,061
179,571
77.770
2.904
146,690
,522,521
182,475
At 31 December 2023
1.477.6J_
80.674
146,690
1,704,996
Depreciation
Charge for the year
581
581
At J l December 202)
581
581
Net book value
At 31 December 2023
1.477.6)_
80.093
146,690
,704,415
At 31 December 2022
1,298.061
77.770
146,690
,52? 521
14 Fixed asset investments
2023
2022
Other investments
185,000
185,000
Page 17

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
Other investments
Unlisted
investments
Total
Cost or Valuation
At l January 202J
185,000
185,000
At 31 December 2023
185,000
185,000
Iyet book value
At 31 December 2023
185,000
185,000
At J l December 2022
185,000
185,000
15 Stock
2023
2022
Stocks
1,595
1.991
16 Debtor5
2023
2022
Trade debtors
Prepaymenis
23,000
217
i6,475
1,40)
37,878
17 Cash and cash equivalents
2023
2022
Cash on hand
Cash at bank
226
26,812
289
106,231
27,038
106.520
18 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other taxation and social security
Other creditors
7,984
4,901
2.088
8,170
2.869
14,973
11,039
Page 18

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
19 Contingent liabilities
Members of the Burial Fund are entitled to be buried at the Synagouue's expense. The current metnbership of
the Burial Fund generates a contingent liability of £?7,iOO. It is unlikel), that this risk would crystallise in any
one year.
20 Funds
Balanee at
31
December
2023
BalaDee at I
January
2023
Incoming
resources
Resources
expended
Transfers
Unrestricted funds
Generol
General fund
1,605.918
133,665
(179.517)
162,882
1,722,948
Restricted funds
Rabbinic fund
Kol Nidrei
Alan Mann
Scrolls res(oration
Community Development
worker
185,000
i.885
5,706
(5)
{6,000)
188,880
6,000
4,227
4,174
17.691
(17,097)
787
Building fund
(162,882)
Total restricted funds
236.95J
152,375
(23.102)
(162,882)
203,344
Total funds
1,842.871
286.040
(202,619)
1,926.292
The specific purpose5 for which the funds are to be applied are a5 follows:
The Rabbinic Fund is used to support the cost of employing a Rabbi. the investments held in the NS&l bonds,
totalling £185,000 forni part of the Rabbinic Fund.
The Kol Nidrei appeal is used to collect and distribute donations to anllually Dominated charities.
The Alan Mann Fund is used for bursaries to help tnembers attend synagogue an(Vor external events.
The Scrolls Resioration fund is for the repair and resioration of our Sefer Torah s¢rolls.
The Community Development Worker fund finances the post of Ihe Communiiy Development Worker.
The Building fund is to support the enhancement and development of the synagogue buildings.
The transfer from the Building fund to the General fund is the release of the restriction now that the building has
been purchased.
Page 19

Nottingham Liberal Synagogue
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
Balanee at
31
Balanee at I
January
2022
Incoming
resources
Resources
expended
Dcccmbcr
Transfers
2022
Unrestricted funds
General
General fund
1,617.776
112.lJ8
(12J,996)
1,605,918
Restricted
Rabbinic fund
Kol Nidrei
Alan Mann
Scrolls resioration
Community D¢velopment
worker
Building fund
192,?46
10.551
(17,797)
185,000
6.294
4,174
(24,388)
4.174
(2.?25)
13.454
20,570
(18,152)
193
37,842
24,388
Totsl restricted funds
211.2J8
61,664
()5,949)
236,953
Total funds
1,829.014
17),802
(l i9,945)
1,842,871
21 Analysis of net assels between funds
Unrestricled
2023
Total funds
General
Restricted
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
1,704,415
1,704,415
185,000
51.850
(14,97i)
18i,000
27.506
(8.97J}
(6,000)
Total net assets
1.72?.948
?0),344
1,926,292
Unrestrieied
2022
Total funds
General
Restricted
Tangible fjxed asset5
Fixed asset investments
Current assets
Current liabilities
1.522,521
1,522.521
185.000
146.389
(11,039)
185,000
55,076
3.123
91,313
(7.916)
Total net assets
1.605.918
236,95J
1,842.871
22 Related party transactions
There were no related party transactions in the year.
Page 20