| Paqe | |
|---|---|
| Report of the Trustees | 3-7 |
| lndependent Examineds Report | 8 |
| StatementofFinancial Activities | I |
| Balance Sheet | .10 |
| Notes totheFinancial Statements | 11-18 |
13/07/2023
| Unrestricted | Restricted | 31.O7.2022 | 31.07.2021 | ||
|---|---|---|---|---|---|
| Notes | Funds | Funds | Total | Total | |
| Funds | Funds | ||||
| lncome: | t | t | t | ! | |
| Donations | 2 | 24,474 | 19,474 | 34,911 | |
| lnvestment income | 235.218 | 235.218 | 145.875 | ||
| Totallncome | 259-092 | 259-692 | 180J80 | ||
| Expenditure | |||||
| Costs of Raising Funds: | |||||
| Property managementcrsts | 6,395 | 6,395 | 2,092 | ||
| Synagogue operations | 4 | 147,612 | 147,612 | 89,109 | |
| Education and Religious Services | 25.950 | 25.950 | 9,660 | ||
| TotalExpenditure | 179.957 | 179.957 | 100.861 | ||
| Netlncome andNetMovement ofFundsbeforeTransfers |
79,735 | 79,735 | 79,925 | ||
| Transferbetween funds | |||||
| Net movementinfunds | 79,735 | 79,73579,925 | |||
| Reconciliation of Funds | |||||
| Total funds brought forward | 434.589 | 1.151.556'1.586.145 | 1.506.220 | ||
| TotalFundsCarriedForward | 514-324 | l-151550 | 1-005-AE0 | ]186;!45 |
| 2022 | 2022 | 2022 | 2021 | |||
|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Total | ||
| ! | t | t | t | |||
| FixedAssets | ||||||
| Tangible assets | I | 302,274 | 1,151,5561,453,830'1,456,369 | |||
| Current Assets | ||||||
| Debtors | o | 10,621 | 10,621 | 151,376 | ||
| Cash at Bank and in hand | 241.177 | 24't.177 | 12.759 | |||
| 251,798 | 251,798 | 164,135 | ||||
| Liabilities:Amountsfalling duewithinoneyear |
10 | (11,380) | (Nit) | (11.380)(5.993) | ||
| Net CurrentAssets | 240,418 | (NiD | 240,418158,142 | |||
| Liabilities:Amountsfalling | ||||||
| due after morethanoneyear | 11 | (28.369) | (Nit) | (28.369) | (28.369) | |
| NetAssets | 51432.7 | L15L550 | t-605"829 | 7.5gg-142 | ||
| TheFundsoftheCharitv | ||||||
| Unrestricted lncome Funds | 12 | 514323 | ||||
| Building Fund | il.1l550 | |||||
| TotalCharityFunds | 665JlZ9 | L5AAJ42 | ||||
| Approvedbythe Trusteeson... | Xt | c6 41 | and signed on their | behalfby | ||
| DAhronee | ||||||
| Trustee | ||||||
| nrd BYefet Treasurer 1r |
L( | /e/2-o 2-3 | ||||
| The notes onpage | 11- | 18form partoftheseFinancial Statements |
| FOR THEYEARENDE 3.INVESTMENT INCOME |
D31STJULY2022 | |
|---|---|---|
| 31.07.2022 | 3',t.07.2021 | |
| E | g | |
| Rental lncome | 235.218 | 145.875 |
| CHARITABLE ACTIVITIESCOSTS 4 |
||
| Direct Costs | ||
| 31.07.2022 | 31.07.202',1 | |
| Catering,foodandcaretaker | 22,883 | 13,696 |
| Beth Din Fee | 3,000 | |
| Lighting and heating | 11,955 | 5,765 |
| Donations paid | 36,410 | 6,315 |
| Cleaning and upkeep | 29,386 | 15,576 |
| Repairs and renewals | 15,639 | 18,791 |
| Waterrales | 6,000 | 6,015 |
| Advertising | 360 | 360 |
| lnsurance | 7,727 | 8,734 |
| Telephone and internet | 522 | 135 |
| Accountancy | 480 | 480 |
| LegalandProfessional | 10,207 | 3,547 |
| Sundry expenses | 1,404 | 568 |
| Bank loan interest andcharges | 500 | 515 |
| Security expenses | 1,600 | 2,625 |
| Depreciation | 2.539 | 2.987 |
| 141,912 | E9J!9 |
| OMPARATIVESFORSTATEMENTOFFIN | ANCIAL ACTIVITIES | ANCIAL ACTIVITIES | ANCIAL ACTIVITIES | |
|---|---|---|---|---|
| UnrestrictedRestricted FundsFunds |
31 .07.2021 TotalFunds |
|||
| lncome: | cc | c | ||
| Donations | 34,911 | 34,911 | ||
| lnvestmentincome | 145.87 5 | 145,875 | ||
| Totallncome | 180,786 | 't80,786 | ||
| Expenditure | ||||
| Costs of Raising Funds: | ||||
| lnvestmentmanagement costs | 2,092 | 2,092 | ||
| Synagogue operations | 89,109 | 89,109 | ||
| EducationandReligious Services | 9,660 | 9 660 | ||
| TotalExpenditure | 100,86'l | 100,861 | ||
| Netlncomeand Net Movementof Funds | ||||
| beforeTransfers | 79,925 | 79,925 | ||
| Transferbetweenfunds Netmovementinfunds |
(14,281) 65,644 |
14,281 14,281 |
79,925 | |
| Reconciliation of Funds | ||||
| Total fundsbroughtforward TotalFundsCarried Forward |
368,945 434,589 |
1,137,275 1,151,556 |
1,506,220 1,586,'t45 |
| ANGIBLEFIXEDASSETS | |||
|---|---|---|---|
| Freehold | Fi)dures& | ||
| Prooertv | Fittinqs | Total | |
| E | ! | € | |
| Costatl"tAugust2021 | '1,439,439 | 70,935 | 1,510,374 |
| Additions | |||
| Cost at31siJuly 2022 | lr139rt3g | 70t35 | 1510-?21 |
| Depreciationat1"'August2021 | 54,005 | 54,005 | |
| Charge for theyear | 2.539 | 2.539 | |
| Depreciational31"tJuly2022 | 50t44 | 56t44 | |
| NetBookValue at3131July2022 | !43tu$9 | t4-391 | t-453-830 |
| NetBookValue at31slJuly2021 | lrtll9-439 | t_6.930 | l-456369 |
investment propertyandthepropertyist Financial Statements. |
herefore carried |
athistoric |
|
|---|---|---|---|
| 9. | DEBTORS | ||
| 31.07.2022 | 31.07.2021 | ||
| ! | ! | ||
| Amounts fallinq due within oneyear | |||
| Prepayments | 523 | ||
| Other Debtors | 5,621 | 145,853 | |
| LoantoOHEL Devorah Aden Synagogue | 5.000 | 5.000 | |
| 10.621 | '151.376 |
| REDITORS: AMOUNTS FALLINGDUEW | ITHIN ONEYEAR | |
|---|---|---|
| 31.07.2022 t |
31.07.2021 ! |
|
| Accrualsanddeferredincome | 113SO | 5,860 |
| Bank overdrafts | 132 | |
| CharityKupot account | L | |
| -1rrc80 | 5-993 |
| 31.07.2022 | 31.07.2021 | |
|---|---|---|
| E | E | |
| LoanfromKadimah | 28.369 | 28.369 |
| 28-309 | 28.369 |
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| At | Movement | between | At | |
| 01.08.2021 | in Funds | Funds | 31.O7.2022 | |
| UnrestrictedFund BuildingFund |
4iLt58979Ji5 Lt5L556 |
a | 514-324 1;15r_t56 |
|
| = |
| UnreskictedFund 259.692 119357 Net movementinfundsincluded above areasfollows: lncomingResources ResourcesExpended |
Movement lnFunds 79fi5 |
|---|---|
| Building Fund |
| Net | Transfers | |||
|---|---|---|---|---|
| At | Movement | between | At | |
| 01.08.2020 L |
in Funds ! |
Fundst | 31.07.2021 E |
|
| Unrestricted Funds | ,rt" | 79-925 | ualsl) | 434t89 |
| BuildingFund | 1*13/275 | __14281 | 1*151.556 |
| Net movementinfundsinclude | d above areasfollows: | ||
|---|---|---|---|
| lncoming | Resources | Movement | |
| Resources t |
Expended E |
in Funds t |
|
| Unrestricted Funds | ,EArlt | rc0-8q1 | 70orq |
| BuildingFund |
| 2022 t |
2021t | |
|---|---|---|
| Not later than oneyear | 86*062 | U-55A |
| Between oneandfive years |
| FOR THEYEAREN | DED31STJULY2022 | |
|---|---|---|
| lncome: | 2022 t |
g 2021 |
| Donations-Regular | 24.474 | 34,910 |
| Rental lncome | 235.218 | 145.875 |
| 259-092 | 180J85 | |
| Expenditure | ||
| Beth Din Fees | 3,000 | |
| Cateringandfoods | 22,883 | 13,696 |
| Lightingandheating | 11,955 | 5,765 |
| Donations paid | 36,410 | 6,315 |
| Cleaning and upkeep | 29,386 | '15,576 |
| Repairs and renewals | 15,639 | 18,79'l |
| Waterrates | 6,000 | 6,015 |
| Advertising | 360 | 360 |
| lnsurance | 7,727 | 8,734 |
| Telephone | 522 | 135 |
| Sundry expenses | 1,404 | 568 |
| Bank interest and charges | 500 | 515 |
| Security expenses | 1,600 | 2,625 |
| Education and religious services | 25,950 | 9,660 |
| Accountancyfees | 480 | 480 |
| LegalandProfessional | 10,207 | 3,547 |
| Management costs | 6,395 | 2,O92 |
| Depreciation | 2t39 | 2.947 |
| NetSurplus for theYear | 79fi5 | 7952A |