2021-06-30-accounts - Spanish And Portuguese Synagogue

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Statement ofFinanc	ial Activities Incor oratin	ial Activities Incor oratin	ial Activities Incor oratin	Income and	Ex enditure	Account
For the Year Ended	30June 2021					Total			Total
				Unrestricted	Restricted	Funds	Unrestricted	Restricted	Funds
Incoming resources			Notes	Funds	Funds	2021	Funds	Funds	2020
Donations				34,157		34,157	41,264		41,264
Fintas receivable				100,152		100,152	99,699		99,699
Tax recoverable	under gift aid			21,748		21,748	24,821		24,821
Investment income				2,612	1,059	3,671	3,510	1,278	4,788
Social functions				260		260	2712		2,712
Sundry income				47,975		47,975	40,768		40,768
				206,904	1,059	207,963	212,774	1,278	214,052
Resources expended:
Direct charitable	ex enditure:
Salaries &expenses of			officials	66,399		66,399	68,802		68,802
"OrTorah Chadash" religion classes				10,178		10,178	10,862		10,862
Kiddushim / Catering				2,636		2,636	10,901		10,901
Ground rent				68		68	68		68
Council tax and	water	rates		3,291		3,291	3,272		3,272
Light and heat				10,863		10,863	10,099		10,099
Insurance				10,945		10,945	9,993		9,993
Repairs				5,631	22,975	28,606	11,857	11,831	23,688
Laundry and cleaning				330		330	352		352
Security				9,933		9,933	16,762		16,762
Telephone &broadband				430		430	208		208
Printing, postage	&stationery			378		378	842		842
Motor and travelling		expenses		4,750		4,750	4,755		4,755
Legal and professional			fees	2,231		2,231	5,412		5,412
Books				108		108		45	45
Sundry expenses				10,051	100	10,151	6,387	20	6,407
				138,222	23,075	161,297	160,572	11,896	172,468
Costs ofmana ement		and administration:
Salaries &expenses of			officials	36,018		36,018	22,580		22,580
Light and heat				1,207		1,207	1,122		1,122
Telephone &broadband				430		430	208		208
Printing, postage	&,stationery			1,135		1,135	2,527		2,527
Bank charges				899		899	1,397		1,397
Independent Examiner's			fees	2,400		2,400	2,400		2,400
Sundry expenses				4,150		4,150	4,908		4,908
				46,239		46,239	35,142		35,142
Total resources expended				184,461	23,075	207,536	195,714	11,896	207,610
Incoming resources	less	resources expended		22,443	(22,016)	427	17,060	(10,618)	6,442

			Total			Total
	Unrestricted	Restricted	Funds	Unrestricted	Restricted	Funds
Notes	Funds	Funds	2021	Funds	Funds	2020
Incoming resources less resources expended	22,443	(22,016)	427	17,060	(10,618)	6,442
Change in market value of investments	703		703	4,106		4,106
Net surplus/(deficit) for the year	23,146	(22,016)	1,130	21,166	(10,618)	10,548
Transfer between funds
	23,146	(22,016)	1,130	21,166	(10,618)	10,548
Total Funds at 1July 2020	882,141	126,518	1,008,659	860,975	137,136	998,111
Total Funds at 30June 2021	905,287	104,502	1,009,789	882,141	126,518	1,008,659

S anish and Portu uese	S anish and Portu uese	S na o ue H	S na o ue H	olland Par	k- London W	11
Balance Sheet at 30June		2021
				Notes	2021		2020
Fixed Assets:
Leasehold properties					517,618		517,618
Investments					135,727		135,024
						653,345		652,642
Current Assets:
Income tax recoverable					10,341		2,346
Sundry debtors and prepayments					2,463		2,868
Cash at bank and in hand					409,507		379,024
					422,311		384,238
Liabilities falling due	within		one year:
Fintas received in advance					36,789		5,365
Sundry creditors and accruals					29,079		12,599
					65,868		17,964
Net current assets						356,443		366,274
Total assets less current		liabilities				1,009,789		1,018,916
Liabilities falling due	after more than
one year:								10,257
Total assets less current		liabilities				1,009,789		1,008,659
Represented by:
Unrestricted funds
General Accumulated	Fund					905,287		882,141
Restricted funds
Building Contingency	Fund				42,323		2,628
Synagogue Restoration	&,	Regeneration		Fund			31,819
The John M Cohen, Julia		Cohen and
Esther Sassoon Memorial			Fund				30,500
Or Torah Chadash Fund					26,623		26,320
JIA Education Fund					16,941		16,749
Jack Poyastro Matrimony		Fund			14,433		14,368
Esther &Joseph Sidlin	Memorial Fund				1,697		1,677
Auntie Lena Memorial	Fund				2,485		2,457
						104,502		126,518
Total Funds				10		1,009,789		1,008,659

s to the Financial Statements for the Year Ended 30June 2	s to the Financial Statements for the Year Ended 30June 2	021 continued
Investment Income		2021	2020
Interest receivable	on cash deposits	2,668	3,548
Income from listed	investments	1,003	1,240
		3,671	4,788
		2021	2020
Recharge ofOr Torah Chadash costs			3,098
Or Torah Chadash	levy	806	1,847
Nursery rent		40,461	28,333
Furlough claims		4,778	5,943
Security grants		1,618	1,206
Other income		312	341
		47,975	40,768
Em lo ment Costs		2021	2020
Included within Salaries &,expenses ofofficials and
Or Torah Chadash	religion classes are the following:
Wages and salaries		104,849	92,477
Social Security costs		5,441	4,330
Pension contributions		555	208
		110,845	97,015

during the year. The averag	e number offull time empl	oyees during the year was 3(2020:2).
Leasehold Pro erties		2021	2020
At cost - 907years unexpired
Synagogue and Communal	Hall	9,932	9,932
Semoff Hall		5,885	5,885
Suzanne Dellal Hall		485,891	485,891
8 StJames's Gardens		15,910	15,910
		517,618	517,618

due within	one year as part ofsundry credit	one year as part ofsundry credit	ors and accruals.
0 eratin	Lease Commitments			2021	2020
The total	offuture minimum	lease payments	under a non-cancellable
operating	lease as at 30June	2021 were as	follows:
Not later	than one year			3,224	3,715
Later than one year and not		later than five years		538	619
				3,762	4,335

. Funds
Anal sis ofnet assets	between				funds				Tangible	Current	Current
								Fixed Assets		Assets	Liabilities	Total
Restricted funds
Building Contingency	Fund									42,323		42,323
Or Torah Chadash Fund										26,623		26,623
JIA Education Fund										16,941		16,941
Jack Poyastro Matrimony			Fund							14,433		14,433
Esther &Joseph Sidlin		Memorial			Fund					1,697		1,697
Auntie Lena Memorial		Fund								2,485		2,485
Total restricted funds										104,502		104,502
Unrestricted funds
General Accumulated	Fund								653,345	317,809	(65,868)	905,287
Total									653,345	422,311	(65,868)	1,009,788
										Change in
										Market	Transfer
Movement in funds							At 1 July	Incoming	Outgoing	Value of	Between	At 30June
							2020	Resources	Resources	Investments	Funds	2021
Restricted funds
Building Contingency	Fund						2,628	351	(22,975)		62,319	42,323
Synagogue Restoration		and
Regeneration Fund							31,819				(31,819)
The John M Cohen, Julia			Cohen		and
Esther Sassoon	Memorial				Fund		30,500				(30,500)
Or Torah Chadash Fund							26,320	303				26,623
JIA Education Fund							16,749	193				16,942
Jack Poyastro Matrimony			Fund				14,368	165	(100)			14,433
Esther &Joseph Sidlin		Memorial			Fund		1,677	19				1,697
Auntie Lena Memorial	Fund						2,457	28				2,485
Total restricted funds							126,518	1,059	(23,075)			104,502
Unrestricted funds
General Accumulated	Fund						882,141	206,904	(184,461)	703		905,287
Total Funds							1,008,659	207,963	(207,536)	703		1,009,789
a) General Accumulated				Fund
Included within this fund		are		the following		funds: