Charity Number: 248773 LEEDS KASHRUT AUTHORITY ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE PERIOD ENDED 30" APRIL 2023
LEEDS KASHRUT AUTHORITY CONTENTS PAGE Legal and Administrative Information Trustees Annual Report Statement of Financial Activitie5 Balallce Sheet Notes to the Financial Statements 6-10
LEEOS KASHRUT AUTHORITY LEGAL AND ADMINISTRATIVE INFORMATION Chairman MrSAFrieze Hon Secretary MrACohen Representative Members The Representative Membe15 and the Leeds Bodies thev represent are as follows= Mr S A Frieze MrA Cohen Ms L Baker Ms L Silberstein MrCGlass Mr H Lorie Mr G Skolnick United Hebrew Congregation Leeds Jewish Representative Council Leeds jewish Representative Council Etz Chaim Syrbagogue Etz Chaim Synagogue Leeds Jewish Representative Council United Hebrew Congregation The Elected Honorary Officer5 are also Representative Members Treasurer MrACohen Charity Number 248773 Governing Document The Authority was formed by the amalgamation of the Leed5 Kashrut Cornwni55i0n and the Leed5 Board of Shechita and 15 governed by a Deed of Constitution dated 3 April 1992 Principle Office Office of Leeds Beth Din 411 Harrogate Road Leed5 LS17 7BY Page I
LEEDS KASHRUT AUTHORITY REPORT OF THE HONORARY OFFICERS FOR THE PERIOD ENDED 3ty'APRIL 2023 The Honorary Officers present their Report for the year ended 30 April 2023. Honorary Officers The elected Hornorary officers in office as at 30 April 2023 are set out on page l of this report. The Representative Members, nominated by the Leeds Bodies. are set out on page l of this report. In accordance with the constitution the Honorary Officers are elected by the Authority at it5 Annual general meeting each year. The management of the Authority is vested in the Honorary Officers, subject to direction on matters of general policy by the Authority. Objects of the Authority The objects of the Authority shall be. for the City of Leeds and such other places as shall appear to the Authority to be appropriate, the advancement of religion in accordance with the orthodox faith by the Supervision of the provision and sales of Kosher products and the supervision of the operation of Kashrut in synagogue halls and a variety of premises used for holding functions. In setting the objectives and planning the activities for the year, the Honorary Officers have, at their Meetings, given careful consideration to the Charity Commission's general guidance on public benèfit. Review of Activitie5 During the year the Authority has corktinued to provide Supei$l0n and inspection of premises and functions in Leed5 and its surrounding area. Finance5 The attached financial statements show the current state of the Authoritvs finances which the Honorary Officers consider to be satisfaEtory. The Authority maintains such funds that are necessary for its day to day operations. The gair) for the period £11.758 has been added to the unrestricted funds giving a balance carried forward of £111.62812022 - £99,870) Reserves Policy It 15 the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately four morbths unrestricted expenditure. This provides sufficient funds to cover management and administration costs in the event of a significant drop in income which will enable the trustee5 to consider how to replace the intome. Page 2
LEEDS KASHRUT AUTHORITY REPORT OF THE HONORARY OFFICERS (CONTINUED) FOR THE PERIOD ENDED 30 APRIL 2023 Risk Management The trustees actively review the tnajor risk whith the charity faces on a regular basis and believe that maintaining reseryes 3t current levels, combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees also examined other operational and bu5ines5 risks faced by the charity and confirm that they have established systems to miti8ate the significant risks. Statement of Trustees, Responsibilities Law applicable to charitie5 in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the CharItS financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to.. Select suitable accounting policie5 and then apply them consistently,. Obserye the methods and principles in the Chartties SORP,. Make judgements and estimates that are reasonable and prudent,. State whether applicable accounting star)dards have been followed, subject to any material departures disclosed and explained in the financial statements,. Prepare ihe financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements tomply with the Charilies Act 2011. 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. For and on behalf of the Honorary Officers Mrs AFrieze 1010812023 Page 3
LEEDS KASHRUT AUTHORITY Statement of Financial Actlvltles Forthe Perlod Ended 30 Aprll 2023 Total Funds 2023 Total Funds 2022 Note Incoming resour5 Income from ¢harltable tradlng actlvltles Income from charitable trading actiwtie5 Interest recelvable 57,637.68 60,672.87 57.637.68 60.672.87 Resources expended Charitable expenditure Cost of furtherance of charilable objerts 33.817.39 30,620.74 Management and administration 14.808.17 14.808.17 48.625.56 45.428.91 Net outgoing resources for the year 9.012.12 15.243.96 106,662.85 91,418.89 Unrestricted funds brou8ht forward 115.674.97 106,662.85 Theie were no recognised gains or losses for 2022 or 2023. other than those indude(J in the Statement ol Financial Actiwtv. Page 4
LEEDS KASHRUT AUTHORITY Balance Sheet As at 30 April 2023 2023 2022 Note Fixed Assets Tangible assets 112 149 Curfent a55ets Debtors Cash at bank and in hand 2,885 29,144 6,340 29,168 io 32.029 35.508 Creditors Amount5 falling due wilhin one yebr li Nèt turrent a5sels 32,029 35,508 Total asset5 less current liabilitie5 32.141 35,657 Funds Unrestricted IIL628.05 99.870 111.628.05 99,870 These financial statement5 were approved by the mefflbers of the committee on .. .. ........................................................... and are 5igrbed on their behalf bv: Mr S A Frieze Chairman and Representive Member Page 5
LEEDS KASHRUT AUTHORITY NOTES TO THE FINANCIAL STATEMENTS FOR TrIE PERIOD ENDED 30" APRIL 2023 I: Accounting Policies 1.1: Basis of preparation of accounts The financial statements are prepared under the historical cost convention, applicable accounting 5tandard5, the Charities Statement of Recommended Practice 2005 (Accounting and Reporting bv Charities) and comply with the Charities IAccounts and Report) Regulations 2005 issued under the Charities Act 2011. 1.2.. Tangible fixed assets Depreciation is calculated so a5 the write off the cost of an asset, less its estimated residual value, over the useful economic life of that as follows: Fixtures and fittings Computer equipment 15% reducing balance 25% reducing balance 1.3 Income Income is derived from the supervision of the provision and sales of kosher products and the supervision of the operation of Kashrut in synagogue h3115 and a variety of premises used for holding functiori5. 1.4: Management and administrative expenditure Expenditure on management and administrative of the charity includes all expenditure not diiectlv related to the charitable activity. This includes Costs of runnirb8 off ice premi5e5, staff Salaries for administrative staff, accountancy and Independent Examinerfs fees. 1.5: Pension costs The charity operates a money purchase scheme for employees. The assets of the scheme are held separately from those of the charity. The annual contributions payoble are charged to the Statement of Financial Activities. Page 6
LEEDS KASHRUT AUTHORITY Notes To The Financial Statements Itontinuedl for the Year Ended 30 April 2023 2: Income from charitable tradlng activitie5 2023 2022 Poultry Fees Meat Fees 2.139 15,045 39.121 16.485 35.630 Supervision and Inspection Fees ShornerAttendance Gittin Labels Accreditation fees and Sundry Income ,775 1.693 1,588 57.688 59,668 3: Interest Receivable 2023 2022 Bank interest receivable 4.. Costs in Furtherance of Charitable sEThces Total 2023 Total 2022 Provlslon of Charltable Servlces: Supervi510n of Catering 33,817 30,621 Analysis of provision of charitable seryices Staff Costs Other Costs 2023 2022 Supervb5ion Df Catering 9,064 24.716 33,780 30,571 5 Management and Administration 2023 2022 Office C05t5 Accounlancy, Payroll Costs and Professional Fees Other Charity Donation 1.033 5,178 3.221 950 10,382 1,537 5,346 2,925 5,000 14,808 Page 7
LEEDS KASHRUT AUTHORITY Notes To The Financial Statements Iconlinuedl for the Year Ended 30 April 1023 6: Total resources expended Staff Costs Other Costs Total 2023 Total 2022 Direct Charitable expenditure Management and Administration 24.716 33.780 30,571 9,064 24,716 33,780 30,5 11 There are no donations included within the management and administration other costs Staff Costs 2023 2022 The a88regate payroll costs were: Wages and Salaries Redundancy Social Security Costs Other Pension Costs 5.564 4,228 3.500 3,208 9.064 7.436 Partlculars of Employèes: 2023 No 2022 No The average Thumber of staff employed by the chètity during the financial period amovnted to No renumer2tion was paid to the tru5tie5 in the year, nor were any trustees expense5 reimbursed. othèr Costs.. 2023 2022 Premlses Other 7. Net Movement in Funds for the Period 2023 2022 The net movement in funds for the period is after char8ing= Staff pension contributions Depreciations 3,5(X) 37 3,208 50 Page 8
LEEDS KASHRUT AUTHORITY Notes To The Financial Statements Icontinuedl for the Year Ended 30 April 2023 8. Tangible Fixed Assets Fixtures and Computer Fittings equipment Total Cost At l May 2022 Additions 2,112 2,112 2,112 2,112 At 30 April 2023 2.112 2,112 Depretiatron At l May 2022 Charge lor Period 1.963 37 1.963 37 AI 30 April 2D23 2.000 2,ONJ Net Book Value At 30 April 2023 112 112 At l May 2022 149 149 9. Debtors 2023 2022 Trade Debtors Other Debtors 2,885 79,487 6,340 64,213 82,372 70,553 10. Cash at Bank and in Hand 2023 2022 Bank (Jeposit account Bank current account Cash 25,057 3,987 loo 25,CI57 4,011 loo 29,144 29,168 11. Credltors: amounts falling du¢ withln ont year 2023 2022 Creditors and accruals Value added tax Page 9
LEEDS KASHRUT AUTHORITY Note5 To The Financial Statements Icontinuedl for the Year Ended 30 April 2023 12. Analysis of net assels in unrestricted fvnds Other net assets Investment Total 20Z3 Net assets 25.057 4.087 29,144 13. RelJt*d Party Transa¢iion$ The Trusteès confirm that there have been no related party transaction5 which require disclosure under FRS 8 (Related Party Transactions) 15. Contingent Liabilities The Chaiity has no contingent liabilities at 30 Apiil 2023 Page 10