**NORTH WEST SURREY SYNAGOGUE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
**NORTH WEST SURREY SYNAGOGUE**
## **REPORT AND FINANCIAL STATEMENTS 31st MARCH 2022**
## **CONTENTS**
||Page|
|---|---|
|Synagogue information|1|
|Report of the Synagogue Council|2 to 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7 to 12|
**NORTH WEST SURREY SYNAGOGUE**
## **Reference and administrative details**
|The Synagogue Council ( Board of|Trustees )||
|---|---|---|
|Name||Appointed by:|
|Jennifer Jankel|President and Chair|AGM|
|Anna d'Olier|Vice Chair|AGM|
|Les Asher|Vice Chair|AGM|
|Neil Marcus|Vice Chair|AGM|
|Ben Snapper|Hon. Treasurer|AGM|
|Anne Sheppard|Hon. Secretary|AGM|
|Paul Glicker|Senior Warden|AGM|
|Liz Sawyer||AGM|
|Val Levy||AGM|
|Philip Goldenberg||AGM|
|Martin Motz||AGM|
|Vicki Freeman||AGM|
|Susie Blume||co-opted December 2021|
Custodian Trustees (for synagogue freehold property) SR Benjamin P Glicker J Traeger B Kramer Way Minister Rabbi Kath Vardi Address Horvath Close Rosslyn Park, Weybridge Surrey KT13 9QZ Charity Commission No. 256232 Independent examiner J Mendlesohn FCA DJM Accountants BLJ Limited 5 Stirling Court Yard, Stirling Way, Borehamwood, Hertfordshire, WD6 2FX Bankers Lloyds TSB Weybridge, Surrey
North West Surrey Synagogue is a member of the The Movement for Reform Judaism and is represented on the Board of Deputies of British Jews.
Page 1
**NORTH WEST SURREY SYNAGOGUE**
## **REPORT OF THE SYNAGOGUE COUNCIL FOR THE YEAR ENDED 31 MARCH 2022**
The Synagogue Council presents its report with the Synagogue's accounts for the year to 31 March 2022. The Synagogue's report and accounts will be laid before the members at the Annual General Meeting to be held on **4th December 2022.**
## **Structure, governance and management**
The Congregation of the North West Surrey Synagogue is a charity registered with the Charity Commissioners for England and Wales, and is governed by its Constitution adopted on 30 October 2005 and amended as at 23 November 2014.
The charity is managed by a Council of Trustees. Trustees are elected at the Annual General Meeting but may also be co-opted during the year. Meetings of the Council of trustees are held at approximately 6 weekly intervals.
The Constitution requires the Synagogue Council to prepare accounts for each financial year which give a true and fair view of the state of affairs of the Synagogue and the surplus or deficit of the Synagogue for the period. In preparing those accounts, the Synagogue Council are required to:
Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Synagogue will continue.
The Synagogue Council is also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Synagogue.
The Synagogue Council has reviewed the major risks to which the Synagogue is exposed and is satisfied that systems are in place to mitigate our exposure to the major risks.
## **Objectives and activities**
The objects of the Synagogue are to provide and maintain a Synagogue for the purpose of public worship and of advancing religious, educational and charitable activities. The Synagogue's mission statement called 'Seeking Our Way' has been distributed to all members; further copies are available by application to the Synagogue's office.
The Synagogue is affiliated to the Movement for Reform Judaism and is guided by their practices whilst maintaining its independence under the constitution.
## **Achievements and performance**
A Review of Activities of the Synagogue is circulated to all members together with the trustees report and accounts prior to the Annual General Meeting. Additional copies are available by application to the Synagogue's office.
The Synagogue continues to rely on donations from members as subscription income together with the related tax recovery are not sufficient to cover its costs (which are carefully managed). The size of the membership would need to be increased by approximately 20% for the costs to be covered without the need for additional donations.
All funds continue to show surpluses.
Page 2
**NORTH WEST SURREY SYNAGOGUE**
## **REPORT OF THE SYNAGOGUE COUNCIL FOR THE YEAR ENDED 31 MARCH 2022 (Cont'd)**
## **Future developments**
The Synagogue and community are committed to the maintenance and expansion of the religious, educational and charitable activities.
## **Accounts**
The Synagogue's accounts appear on pages 5 to 12 of this report.
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the charity's trustees:
B Snapper: Hon Treasurer
J Jankel: Chair
Dated 2nd August 2022
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTH WEST SURREY SYNAGOGUE**
I report on the accounts of the Synagogue for the year ended 31 March 2022, which are set out on pages 5 to 12.
## **Respective responsibilities of trustees and examiner**
The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act) and that an independent examination is needed.
It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Synagogue and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Mendlesohn FCA Chartered Accountant
DJM Accountants BLJ Limited 5 Stirling Court Yard, Stirling Way, Borehamwood, Hertfordshire, WD6 2FX
Dated:
Page 4
## **NORTH WEST SURREY SYNAGOGUE**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS FROM:**
Subscriptions and donations
Other activities
Investments
Other
**Total incoming resources**
**EXPENDITURE ON:**
**Direct charitable expenditure**
Rabbinic salary & expenses
Education
Premises costs and insurance
Administration costs
Movement for Reform Judaism affiliation
Services and festivals
Board of Deputies
Fundraising costs
Charitable donations
Other direct charitable expenditure
**Total**
**Transfers between funds**
**Gains/(losses) on investment assets**
**NET MOVEMENT IN FUNDS**
Funds brought forward 1 April 2021
**NET INCOME/(EXPENDITURE)**
**FUNDS CARRIED FORWARD**
**AT 31 MARCH 2022**|Notes
3a
3b
3c
3d
4a
4b
4c
4d
10|Unrestricted
Designated
Restricted Total funds
Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
206,173
33,902
20,906
260,981
269,110
6,514
1,479
0
7,993
17,915
2,353
1,639
82
4,074
6,968
0
0
0
0
0
**215,040**
**37,020**
**20,988**
**273,048**
**293,993**
75,127
0
0
75,127
73,474
33,336
0
0
33,336
34,873
55,145
0
0
55,145
26,203
37,323
0
0
37,323
36,946
19,369
0
0
19,369
20,098
2,142
0
0
2,142
1,806
990
0
0
990
990
0
0
0
0
0
0
0
16,241
16,241
20,567
0
54,661
0
54,661
120,487
**223,432**
**54,661**
**16,241**
**294,334**
**335,444**
**(8,392)**
**(17,641)**
**4,747**
**(21,286)**
**(41,451)**
(12,860)
0
(12,860)
(7,574)
**(8,392)**
**(30,501)**
**4,747**
**(34,146)**
**(49,025)**
186,253
391,678
479,376
1,057,307
1,106,333
**177,861**
**361,177**
**484,123**
**1,023,161**
**1,057,308**|
|---|---|---|
Page 5
**NORTH WEST SURREY SYNAGOGUE**
## **BALANCE SHEET AS AT 31 MARCH 2022**
|**Fixed assets**
Tangible fixed assets
Investments
Total fixed assets
**Current assets**
Debtors
Cash at bank and in hand
Total current assets
**Liabilities**
Creditors: amounts falling due
within one year
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due**
**after one year**
**Net assets**
**Funds of the charity:**
Restricted
Designated
Unrestricted
**Total charity funds**|Notes
7
8
9
10
10|Total funds
Total funds
2022
2021
£
£
303,017
303,384
0
0
303,017
303,384
14,845
34,091
746,081
783,042
760,926
817,133
40,782
63,210
720,144
753,923
1,023,161
1,057,307
0
0
**1,023,161**
**1,057,307**
484,123
479,376
361,177
391,678
177,861
186,253
**1,023,161**
**1,057,307**|
|---|---|---|
Approved by the Board of Trustees (The Synagogue Council) on 2nd August 2022 and signed on its behalf by:
B Snapper: Hon. Treasurer
J Jankel: Chairman
The notes on pages 7 to 12 form part of these accounts
Page 6
**NORTH WEST SURREY SYNAGOGUE**
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **1 BASIS OF PREPARATION**
## **Basis of accounting**
These accounts have been prepared on the basis of historic cost in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2015) and with Accounting Standards and with the Charities Act 1993.
## **Change in basis of accounting**
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
## **Changes to previous accounts**
No changes have been made to accounts for previous years.
## **2 ACCOUNTING POLICIES**
## **Incoming resources**
## **Recognition of incoming resources**
These are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources, the trustees are virtually certain they will receive the resources and the monetary value can be measured with sufficient reliability.
## **Incoming resources with related expenditure**
Where incoming resources have related expenditure (as with fundraising income) the incoming resources and related expenditure are reported gross in the SoFA. Fundraising costs represent the amount actually expended by the charity and do not include goods and services donated by the fund raisers as these are in the main unquantifiable.
## **Grants and donations**
Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
## **Subscriptions**
Subscriptions are included on the basis of those due for the current year after making allowance for any amounts that are unlikely to be collected.
## **Tax reclaims on donations and gifts**
Incoming resources from tax reclaims on unrestricted income are included in the SoFA at the same time as the income to which they relate.
## **Gifts in kind, donated services and facilities and volunteer help.**
These are generally not included in the accounts.
## **Investment income**
This is included in the accounts when receivable.
## **Expenditure and liabilities**
## **Liability recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## **Assets**
## **Tangible fixed assets for use by the charity**
These are capitalised if they can be used for more than 3 years and cost at least £300 and are valued at cost.
Page 7
## **NORTH WEST SURREY SYNAGOGUE**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **3 ANALYSIS OF INCOMING RESOURCES**
|**3a**
**Voluntary Income**
Subscription Income (net)
Prior year adjustment
Tax recovery on subscription income
Donations and gifts
Tax recovery on donations and gifts
Funeral Scheme
Board of Deputies excluding tax recovery
**3b**
**Activities for generating funds**
Education income
Synagogue magazine
Fundraising
Other
**3c**
**Investment Income**
Bank Interest
Dividends etc
**3d**
**Other incoming resources**
Gain on disposal of fixed assets
**4**
**ANALYSIS OF RESOURCES EXPENDED**
**4a**
**Rabbinic salary & expenses**
Salary
NI, pension and other on-costs
Expenses etc|Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
143,186
0
0
143,186
138,850
0
0
11,241
22,876
0
0
22,876
30,652
40,111
25,027
17,318
82,456
51,029
875
4,465
5,340
6,675
0
8,000
(3,247)
4,753
28,338
0
0
2,370
2,370
2,325
**206,173**
**33,902**
**20,906**
**260,981**
**269,110**
Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
2,790
0
0
2,790
2,465
405
0
0
405
605
2,036
0
0
2,036
8,311
1,283
1,479
0
2,762
6,534
**6,514**
**1,479**
**0**
**7,993**
**17,915**
Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
2,353
1,639
82
4,074
6,968
0
0
**2,353**
**1,639**
**82**
**4,074**
**6,968**
Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2022
2021
£
£
£
£
£
64,642
0
0
64,642
60,529
7,045
0
0
7,045
9,932
3,440
0
0
3,440
3,013
**75,127**
**0**
**0**
**75,127**
**73,474**
Page 8|
|---|---|
## **NORTH WEST SURREY SYNAGOGUE**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
|||Unrestricted|Designated|Restricted|Total funds|Total funds|
|---|---|---|---|---|---|---|
|||funds|funds|funds|2022|2021|
|||£|£|£|£|£|
|**4b**|**Education**||||||
||Salaries and NI|31,696|12,860|0|44,556|40,696|
||Books and other costs|1,640|0|0|1,640|1,751|
|||**33,336**|**12,860**|**0**|**46,196**|**42,447**|
|||Unrestricted
funds
£|Designated
funds
£|Restricted
funds
£|Total funds
2022
£|Total funds
2021
£|
|**4c**|**Premises costs and insurance**||||||
||Gas & Electricity|4,304|0|0|4,304|3,465|
||Cleaning & Housekeeping|6,526|0|0|6,526|5,318|
||Repairs and security|37,406|0|0|37,406|96,137|
||Insurance|6,909|0|0|6,909|6,963|
|||**55,145**|**0**|**0**|**55,145**|**111,883**|
|||Unrestricted
funds
£|Designated
funds
£|Restricted
funds
£|Total funds
2022
£|Total funds
2021
£|
|**4d**|**Administration costs**||||||
||Salaries, fees and NI|24,396|0|0|24,396|24,284|
||Bank charges|0|0|0|0|101|
||Depreciation|7,305|0|0|7,305|6,211|
||Accountancy|1,300|0|0|1,300|1,300|
||Telephone|454|0|0|454|709|
||Postage|1,532|0|0|1,532|1,316|
||Stationery & photocopying|628|0|0|628|1,269|
||Software|1,657|0|0|1,657|1,581|
||Sundry expenditure|50|0|0|50|175|
|||**37,323**|**0**|**0**|**37,323**|**36,946**|
|**5**|**DETAILS OF CERTAIN ITEMS OF EXPENDITURE**|||2022|2021||
|**5a**|**Trustee Expenses**||||||
||Number of trustees who were paid expenses|||0|0||
||Total amount paid|||0|0||
|||||2022|2021||
|**5b**|**Fees for examination or audit of accounts**||||||
||Independent examiner's fees for reporting on|the accounts||1,300|1,300||
||Other fees paid to the independent examiner|||0|0||
|**6**|**PAID EMPLOYEES**||||||
|**6a**|**Staff costs**|||2022|2021||
||Gross wages, salaries and benefits in kind|||116,754|112,993||
||Employer's national insurance costs|||5,871|5,157||
||Pension Costs|||7,424|7,151||
|||||130,049|125,301||
Page 9
## **NORTH WEST SURREY SYNAGOGUE**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
|**6b**
**Average number of employees in the year**
Full-time
Part-time
**6c**
**Employees paid in excess of £60,000 pa.**
**7**
**TANGIBLE FIXED ASSETS**
**7a**
**Cost or valuation**
At beginning of the year
Additions
Disposals
Transfers
At end of the year
**7b**
**Depreciation and impairment**
Basis
Rate
At beginning of the year
Depreciation charge for year
Disposals
Transfers
At end of the year
**7c**
**Net book value**
At beginning of the year
At end of the year
**8**
**DEBTORS AND PREPAYMENTS**
Income tax recoverable
Prepaid insurance
Sundry debtors and prepayments|2022
2021
1
1
20
14
21
15
1
1
Freehold
land &
Motor Furniture &
buildings
vehicle
equipment
Total
£
£
£
£
502,086
0
59,657
561,743
0
0
6,938
6,938
0
0
0
0
0
0
0
0
**502,086**
**0**
**66,595**
**568,681**
SL
SL
SL
2%
50%
25% Equipment
10% Furniture
200,860
0
57,499
258,359
4,492
0
2,813
7,305
0
0
0
0
0
0
0
0
**205,352**
**0**
**60,312**
**265,664**
**301,226**
**0**
**2,158**
**303,384**
**296,734**
**0**
**6,283**
**303,017**
2022
2021
£
£
10,040
23,404
3,784
3,914
1,020
6,773
**14,845**
**34,091**|
|---|---|
Page 10
**NORTH WEST SURREY SYNAGOGUE**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
|**9**
**CREDITORS AND ACCRUALS**
Subscriptions received in advance
Sundry creditors and accruals|2022
2021
£
£
30,067
44,199
10,715
19,011
**40,782**
**63,210**|
|---|---|
## **10 RESTRICTED INCOME FUNDS**
## **10a Funds held**
**Fund name**
Building fund Charitable funds Board of Deputies Building maintenance reserve Special Projects fund Harry Cohen L'Chaim Fund
## **Purpose**
Fund set up for purchase of building Donations received for distribution to other charities Fees collected on behalf of the Board of Deputies of British Jews Funds set aside from income towards large building maintenance costs Donations received for special projects at the discretion of the trustees To enhance the services offered by the Synagogue - may be used at the discretion of the trustees
Funeral Scheme (incl JJBS) Funeral scheme membership subscriptions Other restricted funds Small funds for specific purposes
## **10b Movement of Restricted and Designated Funds**
Fund
||Balances
brought
forward
Income
Expenditure
Transfers|Gains and
Losses|Balances
carried
forward|
|---|---|---|---|
|**Restricted Funds**||||
|Building fund|456,702
0
0
0|0|456,702|
|Charitable funds|1,857
16,247
16,241
0|0|1,863|
|Board of Deputies|2,899
2,906
0
0|0|5,805|
|Other restricted funds|17,918
25,642
23,807
0|0|19,753|
||**479,376**
**44,795**
**40,048**
**0**|**0**|**484,123**|
|**Designated Funds**||||
|Building maintenance reserve|57,140
0
0
0|0|57,140|
|Special Projects fund|35,507
219
0
0|0|35,726|
|Harry Cohen L'Chaim Fund|60,250
359
10,000
0|0|50,609|
|Funeral Scheme|42,017
8,000
893
0|0|49,124|
|Other designated funds|196,764
28,442
43,768
(12,860)|0|168,578|
||**391,678**
**37,020**
**54,661**
**(12,860)**|**0**|**361,177**|
|||||
|Total funds|871,054
81,815
94,709
(12,860)|0|845,300|
|**Transfers between funds**||2022|2021|
|From Unrestricted Funds to Building maintenance fund -||||
|provision towards roofing repairs, rendering etc.||0|39,926|
|From Religion School General Fund to Education costs -||||
|Part cost of Senior Teacher||(12,860)|(7,574)|
## **10c Transfers between funds**
Page 11
**NORTH WEST SURREY SYNAGOGUE**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022**
## **11 TRANSACTIONS WITH RELATED PARTIES**
|**TRANSACTIONS WITH RELATED PARTIES**||
|---|---|
|Movement for Reform Judaism - annual assessment
**TRUSTEE REMUNERATION AND BENEFITS**
No payments were made to Trustees in respect of their duties as Trustees.
No expenses were incurred in respect of Trustees carrying out their duties.
Payment to trustees or their immediate relatives for teaching
and administration within education in accordance with
standard pay scales:
Number of trustees
Total Value|2022
2021|
||19,369
20,098
2
1
801
845|
## **12 TRUSTEE REMUNERATION AND BENEFITS**
Page 12