| Paqe | |
|---|---|
| Report of the Trustees | 3-7 |
| lndependent Examiner,s Report | I |
| StatementofFinancial Activities | I |
| Balanc€Sheet | .t0 |
| NotestotheFinancial Statements | 1'l-18 |
| Notes | UnreslrictedRestricted Funds Funds |
UnreslrictedRestricted Funds Funds |
31.07.2021 Total |
31.07.2020 Total |
|
|---|---|---|---|---|---|
| lncome: | Funds | Funds | |||
| f | t: | E | ! | ||
| Donations | 2 | s4,911 | 34,9'11 | 34,759 | |
| lnvestmentincome | 3 | 145.875 | 145.875 | 195.196 | |
| Total lncome | 180r!0 | 130186 | 229t55 | ||
| Exoendlture | |||||
| Costs ofRaisingFunds: | |||||
| Property management costs | 2,092 | 2,092 | 11,622 | ||
| Synagogueoperations | 4 | 89,109 | 89,109 | 115,365 | |
| Educatron and Religious Services | 9.660 | 9.660 | 12.342 | ||
| TotalExpenditure | 100.861 | 100.861 | 139.329 | ||
| Netlncome andNetMovement | |||||
| ofFunds before Transfors | 79,925 | 79,92s90,626 | |||
| Transferbetweenfunds | fi4231) | 14.281 | |||
| Netmovementinfunds | 85,6.lK | M,2A1 | 79,92590.626 | ||
| Reconcillatlon ofFunds | |||||
| Totalfundsbrought forward | 368.945 | 1.137.275 | 1.506.220 | 1.415.591 | |
| Total Funds CarrledFonvard | 43{.589 | l1i1*55Q | 1186i145 | 1.5rc220 |
| BALA | NCESHE | ETAS AT3I5 | IJULY2021 | ||
|---|---|---|---|---|---|
| Notes | 2021 Unrestricted |
2021 Reshicted |
2021 TotaI |
2020 Total |
|
| FlxedAssets | f | ! | ! | ! | |
| Tangibleassets | 8 | 304,8't3 | 1,151,556 | 1,456,3691,4s9,356 | |
| Current Assets | |||||
| Debtors Cash at Bank and in hand |
o | 151,376 12.759 |
151,376 12.759 |
68,307 22.852 |
|
| Liabilities:Amountsfalling | 164,135 | 164,135 | 91,159 | ||
| duewithinoneyear | 10 | (5.993) | INJI) | (5,993) | (15.436) |
| Net Current Assets | 158,142 | (Nir) | 158,142 | 75,723 | |
| Liabilitiesl Amountsfalling | |||||
| dueafiermore thanoneyear | 11 | (28.369) | Giu | (28.369) | (28.8s9) |
| NetAssets | 4ttt580 | l;t1t550 | rc90J42 | 1106.zu | |
| TheFundsofth€Charltv: | |||||
| UnrestrictedlncomeFunds | 12 | 43t500 | |||
| BuildingFund | u.1rs56 | ||||
| Total CharityFunds | 1586.142 | llil022a |
| NOTES TO THEFINANCI FoRTHEYEARENDED 3.INVESTMENT INCOME |
AL STATEMENTS 3I8TJULY2021 |
|
|---|---|---|
| 31.07.2021 E |
31.07.2020 ! |
|
| Rental lncome | 145.875 | 195-190 |
| 4,CHARITABLE ACTIVITIESCOSTS | ||
| Direct Costs | ||
| 31.07.2021 | 31.07.2020 | |
| Caterlng, food and caretaker | 13,696 | 36,131 |
| Beth Din Fee | 3,000 | |
| Lighting and heating | 5,765 | 13,'t72 |
| Donationspaid | 6,315 | 2,400 |
| Cleaning and upkeep | 15,576 | 16,926 |
| Repairs and renewals | 18,791 | 23,643 |
| Waterrates | 6,015 | 2,616 |
| Advertlsing | 360 | |
| lnsurance | 8,7U | 8,902 |
| Telephoneand internet | 135 | 336 |
| Accountancy | 480 | 960 |
| LegalandProfossional | 3,547 | |
| Sundry expenses | 568 | 1,926 |
| Bank loan interest and charges | 515 | 974 |
| Security expenses | 2,625 | 3,864 |
| GOVERNANGE COSTS | ||
|---|---|---|
| 31.07 .2021 t! |
31.07.2020 | |
| AccountancyFees | ___4S0_ | __gOO_ |
| OMPARATIVESFORSTATEMENTOFFINA | NCIALACTMNES | NCIALACTMNES | |
|---|---|---|---|
| lncome: | UnreskictedRestricted FundsFunds E! |
31.07.2020 TotalFunds |
|
| Donations lnvestmentincome |
34,759 195.196 |
34,759 195.196 |
|
| Tolallncome | 229,955 | 229,955 | |
| Expendlture | |||
| CostsofRaising Funds: | |||
| lnvestment management costs Synagogue operations |
11,622 115,365 |
11,622 115,36s |
|
| EducationandReligiousSeNices | 12 342 | 12 342 | |
| TotalExpenditure Netlncomeand Net MovementofFunds |
139,329 | 139,329 | |
| before Transfers Transferbetweenfunds Netmovement in funds Reconciliati on ofFunds |
vu.ozo (13,847) 76,779 |
13,u7 13,847 |
90,626 90,626 |
| TotalfundsbroughtfoMard | 292,166 | 1,123,425 | 1,415,591 |
| ANGIBLEFIXEDASSETS | |||
|---|---|---|---|
| Freehold | Fixtures & | ||
| ProDertv | Fittinos | Total | |
| g | c | f | |
| Cost at1dAugust 2020 | 1,439,439 | zo,9ss | 1,510,374 |
| Additions | |||
| Cost at31dJuly2021 | 1r39i39 | 70.935 | L.110t21 |
| Depreciationatl.rAugust2020 | 51,018 | 5l,018 | |
| Chargeforthe year | 2.987 | 2.987 | |
| Depreciation at31dJuly2021 | 54-005 | 54-005 | |
| NetBook Valueat31d July2021 | '1.439.439 | los30 | 1.456.369 |
| NetBookValueat 314July 2020 | 1919.!139 | 19.917 | !159J50 |
| DEBTORS | ||
|---|---|---|
| 31.07.2021 | 3t.07,2020 | |
| Amounts fallino due within one vear: | € | t |
| Prepayments | 523 | 2,306 |
| Other Debtors | 145,853 | 61,001 |
| LoantoOHEL Devorah Aden Synagogue | 5.000 | s.000 |
| Ltulz0 | c8.307 |
| CREDITORS: AMOUNTSFALLTNG DUE WtT | HtN ONEYEAR | |
|---|---|---|
| 3't.07.2021 | 31.07.2020 | |
| Accruals and deferredincome Bank Loans-restrictedfunds Bankoverdrafts Charity Kupotaccount |
E 5;g60 fiz 1 5.993 |
t 1,512 13,791 l_99 15t30 |
| REDI | TOR | :AMOUNTSFALLTNGDUEAFT | ERMORE THAN ONEYEA | R |
|---|---|---|---|---|
| 31.07.2021 ! |
3',t.07.2020 ! |
|||
| Bank | Loan | -Restricted Fund | Nit | 490 |
| Loan | from | Kadimah | 28.369 | 28,369 |
| 28169 | 28.859 |
| 2021in accordance with t MOVEMENT IN FUNOS |
he Charity,s loan ag | reement with t | hebank. |
|
|---|---|---|---|---|
| Net | Transfers | |||
| At | Movement | between | At | |
| 01.08.2020 | inFunds | Funds | 31.07.2021 | |
| Unrestricted Fund BuildingFund |
368-948 tfiz.us |
79t25 | t14291) _14281 |
l-1,1L5E6 4eling |
| Net movementinfundsincludedaboveare as follows: lncomingResources _ ResourcesExoended unfestncredFund 1goJg6 10!-go1 BuildingFund : : |
Mov€ment lnFunds n_925 : |
|---|---|
| Net | Transfers | |||
|---|---|---|---|---|
| At | Movement | between | At | |
| 01.08 .2019 f |
inFunds! | Funds € |
31.07.2020 ! |
|
| UnrestrictedFunds | 292166 | 90.626 | 113.847) | 368.945 |
| Building Fund | 1*723A25 | 1,X&12 | 1Ji727r |
| Net movementinfundsinclude | d above areasfollows: | ||
|---|---|---|---|
| lncomlng | Resources | Movement | |
| Resources | Expended | in Funds | |
| L | € | € | |
| UnreskictedFunds | err€!! | ll9129 | 90s26 |
| Building Fund |
| 2021 t |
2020 ! |
|
|---|---|---|
| Notlaterthan oneyear | 22.550 | 25000 |
| Between one and five years | - |
| lncome: | L | 2021 | ! | I | 2020 | c |
|---|---|---|---|---|---|---|
| Donations-Regular | 34,910 | 34,759 | ||||
| Rental lncome | 145.875 | 195.'t96 | ||||
| 18OJAE | 2?9-955 | |||||
| Expenditure | ||||||
| Beth Din Fees | 3,000 | |||||
| Cateringandfoods | 13,696 | 36,131 | ||||
| Lighting and heating | 5,765 | 13,172 | ||||
| Donationspaid | 6,315 | 2,400 | ||||
| Cleaning and upkeep | 15,576 | 16,926 | ||||
| Repairs and renewals | 18,791 | 23,643 | ||||
| Waterrates | 6,015 | 2,616 | ||||
| Advertising | 360 | |||||
| insurance | 8,7U | 8,902 | ||||
| Telephone | 135 | 336 | ||||
| Sundry expenses | 568 | 1,926 | ||||
| Bank interest and charges | E,lt | 974 | ||||
| Security expenses | 2,625 | 3,864 | ||||
| Education and religious services | 9,660 | 12,U2 | ||||
| Accountancyfees | 480 | 960 | ||||
| Legal and Professional | 3,547 | |||||
| Management costs | 2,092 | 11,622 | ||||
| Depreciation | 2.932 | 3.515 | ||||
| NetSurplBfor theYear | 79324 | 90626 | ||||
| Note: |