2020-12-31-accounts - Newcastle Reform Synagogue

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				Page
Report ofthe	Trustees		1	to	5
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		9	to	18
Detailed Statement of Financial Activities			19	to	20

							2020	2019
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
				Notes	F	5	f	6
INCOME AND ENDOWMENTS			FROM
Donations and legacies				2	41,004	11,075	52,079	50,822
Other trading activities				3	1,424	3,197	4,621	5,272
Investment income				4	6,007		6,007	5,856
Other income					1,630		1,630	2,084
Total					50,065	14,272	64,337	64,034
EXPENDITURE ON
Raising funds					1,933		1,933	3,041
Charitable activities
Advancement of religion					39,342	4,786	44,128	48,495
Burial costs						6,323	6,323	6,375
Kol Nidre Fund						3,603	3,603	1,517
Board of Deputies						160	160	150
Pardubice Scroll								5,801
Total					41,276	14,872	56,147	65,379
Net gains/(losses)	on	investments			(765)	4,534	3,769	7,821
NET INCOME					8,025	3,934	11,959	6,476
Transfers between	funds			14	6,258	(6,258)
Net movement ln	funds				14,283	(2,324)	11,959	6,476
RECONCILIATION	OF FUNDS
Total funds brought		forward			570,228	75,832	646,060	639,584
TOTAL FUNDS CARRIED FORWARD					584,511	73,508	658,019	646,060

					2020	2019
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
FIXED ASSETS		Notes	6	E	6	F
Tangible assets Investments		9 10	240,041 20,328	50,81'I	240,041 71,139	235,619 66,443
			260,369	50,811	311,180	302,062
CURRENT ASSETS
Stocks Debtors Cash at bank and	in hand	11 12	300 29,307 329,226	406 27,531	300 29,713 356,757	300 32,388 350,434
			358,833	27,937	386,770	363,122
CREDITORS
Amounts falling due within one year		13	(34,691)	(5,240)	(39,931)	(39,124)
NET CURRENT ASSETS			324,142	22,697	346,839	343,998
TOTAL ASSETS	LESSCURRENT
LIABILITIES			584,511	73,508	658,019	646,060
NET ASSETS			584,511	73,508	658,019	646,060
FUNDS		14
Unrestricted funds Restricted funds					584,511 73,508	570,228 75,832
TOTAL FUNDS					658,019	646,060

				2020 f	2019 F
Donations				1,730	4,200
Gift aid				6,453	6,085
Legacies				2,000
Grants				1,475	1,296
Subscriptions				30,371	25,819
Burial scheme				4,393	4,114
Kol Nidre appeal				5,566	2,775
Board of Deputies				91	183
Pardubice Scroll					750
Accessibility	fund				5,600
				52,079	50,822
Grants received,		included	in the above, are as follows:
				2020	2019
				E
Government	grant			1,475	1,296

OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
Sale of religious items Social events Guild income Social action fund			2020 f 67 1,037 320 3,197	2019 E 123 925 1,820 2,403
			4,621	5,272
INVESTMENT INCOME
			2020 f	2019
Dividends received Deposit account interest			927 5,080	1,088 4,768
			6,007	5,855
RAISING FUNDS
Raising donations	and legacies
			2020	2019
			f	E
Misc expenses - Guild Purchase of religious items for sale Support costs			175 18 1,740	2,908 133
			1,933	3,041
CHARITABLE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs f	note 7) E	Totals f
Advancement of religion Burial costs Kol Nidre Fund Board of Deputies		27,910 6,323 3,603 160	16,218	44,128 6,323 3,603 160
		37,996	16,218	54,214

			Governance
		Management	costs	Totals
Raising donations Advancement of	and legacies religion	12,650	6 1,740 3,568	6 1,740 16,218
		12,650	5,308	17,958

Trustees' expenses
During the year Enil (2019: their duties.	Fnil) was reimbursed to Trustees		for expenses	incurred	in the course	of
TANGIBLE FIXEDASSETS
		Leasehold		Fixtures
	Freehold	prayer	Religious	and
	property	house	assets	fittings	Totals
	E	E	E
COST
At 1 January 2020 Additions	251,041 13,880	26,259	73,980	120,000	471,280 13,880
At 31 December 2020	264,921	26,259	73,980	120,000	485,160
DEPRECIATION
At 1 January 2020 Charge for year	109,600 6,298	11,652 525	8,878 1,480	106,631 2,155	235,661 9,458
At 31 December 2020	114,898	12,077	10,358	107,786	245,119
NET BOOK VALUE
At 31 December 2020	150,023	14,182	63,622	12,214	240,041
At 31 December 2019	141,441	14,707	65,102	14,369	235,619

					Listed
					investments
	MARKET VALUE
	At 1 January 2020				66,443
	Additions				927
	Revaluations				3,769
	At 31 December 2020				71,139
	NET BOOK VALUE
	At 31 December 2020				71,139
	At 31 December 2019				55,443
	There were no investment		assets outside the UK.
11.	STOCKS
				2020	2019
				5	5
	Stocks			300	300
12.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2020	2019
				f
	Trade debtors			22,226	25,421
	Gift aid recoverable			6,431	6,230
	Prepayments and accrued		income	1,057	737
				29,713	32,388
13.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2020 5	2019 f
	Trade creditors			2,062	5,920
	Deferred income			29,992	31,138
	Accrued expenses			7,887	2,056
				39,931	39,124

MOVEMENT IN F	UNDS
			Net	Transfers
			movement	between	At
		At 1.1.20	in funds	funds	31.12.20
		E	E	6	6
Unrestricted funds
General fund		332,273	17,483	(7,622)	342,134
Building reserve fund		141,441	(5,298)	13,880	160,023
Prayer House Reserve Fund		14,707	(525)		14,182
Capital Revaluation	Reserve	81,807	(3,635)		78,172
		670,228	8,025	6,268	584,611
Restricted funds
Burial scheme fund		66,971	2,604		69,675
Kol Nidre appeal fund			1,963		1,963
Board of Deputies	fund	193	26		218
Siddur income fund		719	50		769
Social Action Fund		1,691	(708)		983
Accessibility Fund		6,258		(6,258)
		75,832	3,934	(6,258)	73,608
TOTAL FUNDS		646,060	11,959		658,019

		Incoming	Resources	Gains and	Movement
		resources 8	expended f	losses	in funds 6
Unrestricted funds
General fund		50,065	(31,817)	(766)	17,483
Building reserve fund			(5,298)		(5,298)
Prayer House Reserve Fund			(625)		(526)
Capital Revaluation	Reserve		(3,635)		(3,635)
		60,065	(41,276)	(766)	8,026
Restricted funds
Burial scheme fund		4,393	(6,323)	4,634	2,604
Kol Nidre appeal fund Board of Deputies fund		5,566 185	(3,603) (160)		1,963 25
Siddur income fund		50			60
Social Action Fund		4,078	(4,786)		(708)
		14,272	(14,872)	4,634	3,934
TOTAL FUNDS		64,337	(56,147)	3,769	11,959

Comparatives for	movemen	t In fun	ds
					Net	Transfers
					movement	between	At
				At 1.1.19	in funds	funds	31.12.19
				f	F
Unrestricted funds
General fund				326,758	7,210	(1,695)	332,273
Building reserve fund				146,462	(5,021)		141,441
Prayer House Reserve Fund				15,232	(525)		14,707
Capital Revaluation	Reserve			85,732	(3,925)		81,807
				574,184	(2,261)	(1,695)	570,228
Restricted funds
Burial scheme fund				60,705	6,266		66,971
Kol Nidre appeal fund				1,380	1,258	(2,638)
Board of Deputies	fund			160	33		193
Siddur income fund				719			719
Pardubice Scroll				1,376	(5,051)	3,675
Social Action Fund				1,060	631		1,691
Accessibility Fund					5,600	658	6,258
				65,400	8,737	1,695	75,832
TOTAL FUNDS				639,584	6,476		646,060
Comparative net movement		in funds,	included	in the above	are as follows:
				Incoming	Resources	Gains and	Movement
				resources f	expended	losses f	in funds f
Unrestricted funds
General fund				48,093	(40,293)	(590)	7,210
Building reserve fund					(5,021)		(5,021)
Prayer House Reserve Fund					(525)		(525)
Capital Revaluation	Reserve				(3,925)		(3,925)
				48,093	(49,764)	(590)	(2,261)
Restricted funds
Burial scheme fund				4,230	(6,375)	8,411	6,266
Kol Nidre appeal fund				2,775	(1,517)		1,258
Board of Deputies	fund			183	(150)		33
Pardubice Scroll				750	(5,801)		(5,051)
Social Action Fund				2,403	(1,772)		631
Accessibility Fund				5,600			5,600
				15,941	(15,615)	8,411	8,737
TOTAL FUNDS				64,034	(65,379)	7,821	6,476

A current year 12	months and prior y	ear 12 months combin	ed position is a	s follows:
			Net	Transfers
			movement	between	At
		At 1.1.19	in funds	funds	31.12.20
		F		F	5
Unrestricted funds
General fund		326,758	24,693	(9,317)	342,134
Building reserve fund		146,462	(10,319)	13,880	150,023
Prayer House Reserve Fund		15,232	(1,050)		14,182
Capital Revaluation	Reserve	85,732	(7,560)		78,172
		574,184	5,764	4,563	584,511
Restricted funds
Burial scheme fund		60,705	8,870		69,575
Kol Nidre appeal fund		1,380	3,221	(2,638)	1,963
Board of Deputies	fund	160	58		218
Siddur income fund		719	50		769
Pardubice Scroll		1,376	(5,051)	3,675
Social Action Fund		1,060	(77)		983
Accessibility Fund			5,600	(5,600)
		65,400	12,671	(4,563)	73,508
TOTAL FUNDS		639,584	18,435		658,019

		Incoming	Resources	Gains and	Movement
		resources	expended 6	losses f	in funds f
Unrestricted funds
General fund		98,158	(72,110)	(1,355)	24,693
Building reserve fund			(10,319)		(10,319)
Prayer House Reserve Fund			(1,050)		(1,050)
Capital Revaluation	Reserve		(7,560)		(7,560)
		98,158	(91,039)	(1,355)	5,764
Restricted funds
Burial scheme fund		8,623	(12,698)	12,945	8,870
Kol Nidre appeal fund		8,341	(5,120)		3,221
Board of Deputies	fund	368	(310)		58
Siddur income fund		50			50
Pardubice Scroll		750	(5,801)		(5,051)
Social Action Fund		6,481	(6,558)		(77)
Accessibility Fund		5,600			5,600
		30,213	(30,487)	12,945	12,671
TOTAL FUNDS		128,371	(121,526)	11,590	18,435

		2020	2019
Income		4,393	4,114
Expenditure		(6,323)	(6,375)
Bank interest			116
Realised	gain/ (Loss) on	4,534	8,411
Surplus	/ (Deficit)	2,604	(6,266)
Assets held by the charity for the purpose of		the Burial Scheme Fund:
		2020	2019
Cash at	bank	22,504	24,522
CCLA Investments		50,811	46,277
Deferred	income	(3,740)	(3,828)
		69,675	66,971

Included in the Detailed Statement of F the guild accounts:	inancial Activities are the following transacti	ons which relate
	2020	2019
Income	320	2,230
Expenditure	(176)	(3,056)
Surplus/(Deficit)	145	826

FOR THE YEA	R	EN	DED 31 DECEMBER 2020
				2020	2019
INCOME AND	ENDOWMENTS
Donations and		legacies
Donations				1,730	4,200
Gift aid				6,453	6,085
Legacies				2,000
Grants				1,47e	1,296
Subscriptions				30,371	25,819
Burial scheme				4,393	4,114
Kol Nidre appeal				e,eee	2,775
Board of Deputies				91	183
Pardubice Scroll					750
Accessibility fund					5,600
				52,079	50,822
Other trading	activities
Sale of religious		items		67	123
Social events				1,037	926
Guild income				320	1,820
Social action fund				3,197	2,403
				4,621	5,272
Investment Income
Dividends received				927	1,088
Deposit account		interest		5,080	4,768
				6,007	5,856
Other income
NRS news advertising				1,150	1,200
School visits				480	884
				1,630	2,084
Total incoming		resources		64,337	84,034
EXPENDITURE
Raising donations			and legacies
Misc expenses	-	Guild		175	2,908
Purchase of religious			items for sale	18	133
				193	3,041
Charitable activities
Sundries				220	263
Carried forward				220	263

FOR THE YEAR END	E	D 31 DECEMBER 2020
			2020	2019f
Charitable activities
Brought forward			220	263
Pardubice Scroll				5,801
MRJ levy			2,682	3,514
Burial scheme expenses			6,323	6,375
Kol Nidre appeal			3,603	1,517
Board of Deputies levy			160	150
Social events			4,786	2,659
Rabbi Service Fees			10,170	10,935
Membership adjustments			694
Freehold property depreciation			5,298	5,021
Prayer house depreciation			626	525
Religious assets depreciation			1,480	1,480
Fixtures and Fittings depreciation			2,166	2,535
			37,996	40,775
Support costs
Management
Insurance			3,953	3,632
Light and heat			1,663	1,292
Postage and stationery			1,299	973
Sundries			599	33
Training costs			150	706
Repairs and renewals			3,664	6,747
Cleaning and gardening			1 322	2,925
			12,650	16,308
Governance costs
Accountancy and legal		fees	5,308	5,255
Total resources expended			56,147	65,379
Net income/(expenditure) before gains
and losses			8,190	(1,345)
Realised recognised	gains and losses
Realised gains/(losses)		on fixed asset
investments			3,769	7,821
Net Income			11,959	6,476