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2025-03-31-accounts

NORTH WEST SURREY SYNAGOGUE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

NORTH WEST SURREY SYNAGOGUE

REPORT AND FINANCIAL STATEMENTS 31st MARCH 2025

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 adminlstratlvfr detail$ The Synagogue Council { Board of Trustees I Name Jennifer Jankel Anne Sheppard Les Asher Jeremy Foreman Martin Motz Andrew Jacobs Charlolle Hughes Appointed by.. AGM AGM AGM AGM AGM AGM AGM Not appointed AGM AGM AGM AGM AGM co￿Pted December 2024 President Co-chair Co-chair Vice Chair Vice Chair Hon. Treasurer Hon. Secretary Senior Warden Philip Goldenberg Elizabeth Lancemen Lrz Sawyer Ben Snapper Emile Snapper Marina Clowes Custodian Trustees (for Synagogue freehold propetyl SR Benjamin P Glicker J Tr8eger B Kramer Way Minister Rabbi Kath Vardi Left 31 March 2025 Address Horvath Close Rosslyn Park. Weybrid9e Surrey KT13 9QZ Charity Commission No. 256232 Independent examiner J Mendlesohn FCA DJM Accountants and Consultancy Limited 71-75 Shelton Street London WC2H 9JQ Bankers Lloyds TSB Weybridge, sUr￿Y 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 2025 The Synagogue Council presents its report with the Synagogue's accounts for the year to 31 March 2025. The Synagogue's report and a¢¢ounts will be laid before the members at the Annual General Meeting to be held on 25th November 2025. Structurn, governanco and managfrm8nt 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 4 December 2022. The charity is managed by a Council of Trustees. Trustses are elected at the Annual General Meeting bul may also be co-opted during the year. Meetings of the Council of Tiustees are held at approximately 6 weekly Intervals. The Constitutr'on reqtsires 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 Stale 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 concem basis unless it is inappropriate lo presume that the Synagogue wll continue. The Synagogue Council is also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial posrtion of the Synagogue. The Synagogue Councll 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. ObJe¢tlvos and a¢tlvllloS The objectives of the Synagogue are lo provide and maintain a Synagogue for the purpose of public worship and of advancing religious, educational and charitable actr'vities. 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 Refomi Judaism and is guided by their pracli¢es whilst maintaining its independence under the constitution. Achievements and perfomiance A Review of Activities of the Synagogue is circulated lo all members together with the Trustees report and accounts prior lo the Annual General Meeting. Additional copies are available by application to the Synagogue's office. The Synagogue continues to rely on donations from member$ as subscription income together wth the related lax recovery are not sufficient to cover ils costs (which are carefully managed). The size of the membership would need to be increased by approximately 20% for the costs to be covered wilhoul 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 20251cont.dl Future developments The Synagogue and community are committed to the maintenance and expansion of the religious, educational and charitable activities. Accounts The SynagogLJe's accounts appear on pages 5 to 12 of this report. The Trustees declare that they have approved the Trustees, report above. Signed on behaff of the ¢harity'5 Tnjstees.. +JJ A Jacobs.. Hon. Treasurer A Sheppard. Co-chair L Asher.. Co-chair Dated.. 15th July 2025 Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTH WEST SURREY SYNAGOGUE I report on the accounts c4 the Synagogue foT the ￿ar ended 31 March 2025. which are set out on pages 5 to 12. Res￿tIVe responsibilitiès ol TruBieo8 and oxamlner The chantys Trust&s consi(r that an awlit is not required for this year (under sectson 145 of the Chanties Aci 2011 Ilhe Actll and thal an iThJependenl examinats.on is needed. It is my resKX)nsibility to state. on the baws of pr￿edureS specified in the General Directions given by the Charrty Commiss￿er$ under seclion 145ISllbl of the ACL whelher Par￿ular matters have come to my attenbon. Basfjs of independent examlnerfs statement My exarninabon was carried out Fn ac￿rdanCE the General Directions given by the Charity CommLssiorFers. An examination indudes a rewew of the accounting records ke0 by the Synagogw and a rornparison of the accounts presented wrth those records. It also indudes consideralion ol any unusual rt￿$ or di%cJosures in the accounts. and seeking explanations from yov as Trustees co?-eming any such matte￿. The prcKedures undertaken do not provi(Se all the evidence that would be required In an audit. and consequenty I dts not express an avdit opinon on the accounts. Independent examinerf$ statement In cDnneCtI￿ wrth my examination. no matter has ccrne to my attention." 111 whiGh gNes me wsonable cause to bebeve that in any matefial respect the requiremènts - to keep ac￿Unting records in acr£1rd8n￿ wilh section 130 of ihe Act. and - its prepare accourTrls which accord the aCco￿ntIng records and to ccmpty wth the coynbng requirements ol have nol been m¢L OT 121 to which in my winion. attention sl)ould be drawn in or* to enabk 3 proper undersianding gf the accounts to be ￿che{l. JM sohn FCA Chartered Accountant DJM Accounlanis and Consumancy Limrted 71-75 Sherton Street Lon(bn WC2H 9JQ Dated. Page 4

NORTH WEST SURREY SYNAGOGUE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS FROM:
Subscriptions and donations
Other activities
Investments
Other
Total incoming resources
EXPENDITURE ON:
Direct charitable expenditure
Rabbinic salary and expenses
Education
Premises costs and insurance
Administration costs
Movement for Reform Judaism affiliation
Services and festivals
Board of Deputies
Charitable donations
Other direct charitable expenditure
Total
Transfers between funds
Gains/(losses) on investment assets
NET MOVEMENT IN FUNDS
Funds brought forward 1 April 2024
NET INCOME/(EXPENDITURE)
FUNDS CARRIED FORWARD
AT 31 MARCH 2025
Extraordinary item Employer
Allowance recovered 2020 - 2022
Notes
3a
3b
3c
3d
4a
4b
4c
4d
10
Unrestricted
Designated
Restricted
Total funds Total funds
funds
funds
funds
2025
2024
£
£
£
£
£
220,894
88,509
(1,313)
308,090
276,167
16,668
3,323
0
19,991
16,290
19,938
5,779
547
26,264
19,084
5,000
0
0
5,000
5,000
262,500
97,611
(766)
359,345
316,541
93,246
0
0
93,246
88,940
45,448
10,322
0
55,770
58,131
38,602
0
0
38,602
80,392
44,969
2,655
0
47,624
47,192
26,611
0
0
26,611
22,464
955
0
0
955
3,156
990
0
0
990
990
0
0
16,586
16,586
32,244
0
74,728
3,170
77,898
39,653
250,821
87,705
19,756
358,282
373,162
11,679
9,906
(20,522)
1,063
(56,621)
0
0
0
0
13,000
(11,000)
11,000
0
0
0
0
0
0
0
0
679
20,906
(20,522)
1,063
(43,621)
183,160
286,639
495,053
964,852
1,008,473
183,839
307,545
474,531
965,915
964,852

Page 5

NORTH WEST SURREY SYNAGOGUE

BALANCE SHEET AS AT 31 MARCH 2025

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
2025
2024
£
£
304,085
307,507
0
0
304,085
307,507
62,171
52,305
673,842
647,590
736,013
699,895
74,183
42,550
661,830
657,345
965,915
964,852
0
0
965,915
964,852
474,531
495,053
307,545
286,639
183,839
183,160
965,915
964,852

Approved by the Board of Trustees (The Synagogue Council) on 15th July 2025 and signed on its behalf by:

A Jacobs: Hon. Treasurer

A Sheppard: Co-Chair

L Asher: Co-Chair

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 2025

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 2011.

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 confident 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

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 2025

3 ANALYSIS OF INCOMING RESOURCES

3a
Voluntary Income
Subscription income (net)
Prior year adjustment
Tax recovery on subscription income
Donations
Tax recovery on donations
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
Employers Allowance recovered
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
2025
2024
£
£
£
£
£
153,482
0
0
153,482
144,834
0
0
0
0
0
38,899
0
0
38,899
40,041
26,345
15,858
13,551
55,754
60,430
2,168
51
3,621
5,840
8,375
0
72,600
(21,250)
51,350
21,021
0
0
2,765
2,765
1,466
220,894
88,509
(1,313)
308,090
276,167
Unrestricted
Designated
Restricted Total funds Total funds
funds
funds
funds
2025
2024
£
£
£
£
£
1,700
0
0
1,700
2,080
47
0
0
47
70
4,526
0
0
4,526
3,083
10,395
3,323
0
13,718
11,057
16,668
3,323
0
19,991
16,290
Unrestricted
Designated
Restricted Total funds Total funds
funds
funds
funds
2025
2024
£
£
£
£
£
19,938
5,779
547
26,264
19,084
0
0
0
0
0
19,938
5,779
547
26,264
19,084
Unrestricted
Designated
Restricted Total funds Total funds
funds
funds
funds
2025
2024
£
£
£
£
£
0
0
0
0
0
5,000
0
0
5,000
5,000
5,000
0
0
5,000
5,000
Unrestricted
Designated
Restricted Total funds Total funds
funds
funds
funds
2025
2024
£
£
£
£
£
75,676
0
0
75,676
73,665
13,911
0
0
13,911
12,302
3,659
0
0
3,659
2,973
93,246
0
0
93,246
88,940

Page 8

NORTH WEST SURREY SYNAGOGUE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted Designated Restricted Total funds Total funds
funds funds funds 2025 2024
£ £ £ £ £
4b Education
Salaries and NI 43,257 10,322 0 53,579 54,557
Books and other costs 2,191 0 0 2,191 3,574
45,448 10,322 0 55,770 58,131
Unrestricted
funds
£
Designated
funds
£
Restricted
funds
£
Total funds
2025
£
Total funds
2024
£
4c Premises costs and insurance
Gas and electricity 6,972 0 0 6,972 6,507
Cleaning and housekeeping 7,732 0 0 7,732 7,441
Repairs and security 13,868 0 0 13,868 57,995
Insurance 10,030 0 0 10,030 8,449
38,602 0 0 38,602 80,392
Unrestricted
funds
£
Designated
funds
£
Restricted
funds
£
Total funds
2025
£
Total funds
2024
£
4d Administration costs
Salaries, fees and NI 28,357 0 0 28,357 27,075
Bank charges 433 0 0 433 167
Depreciation 9,112 0 0 9,112 8,696
Accountancy 1,300 0 0 1,300 1,300
Telephone 478 0 0 478 410
Postage 1,891 0 0 1,891 1,179
Stationery and photocopying 1,036 0 0 1,036 2,203
Software 1,754 0 0 1,754 3,279
Share and care 391 2,655 0 3,046 1,984
Sundry expenditure 217 0 0 217 899
44,969 2,655 0 47,624 47,192
5 DETAILS OF CERTAIN ITEMS OF EXPENDITURE 2025 2024
5a Trustee Expenses
Number of Trustees who were paid expenses 0 0
Total amount paid 0 0
2025 2024
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 2025 2024
Gross wages, salaries and benefits in kind 140,664 138,033
Employer's national insurance costs 6,139 6,470
Pension costs 14,441 11,478
161,244 155,981

Page 9

NORTH WEST SURREY SYNAGOGUE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

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
9
CREDITORS AND ACCRUALS
Subscriptions received in advance
Sundry creditors and accruals
2025
2024
1
1
16
17
17
18
1
1
Freehold
land &
Motor
Furniture &
buildings
vehicle
equipment
Total
£
£
£
£
502,086
0
67,856
569,942
0
0
5,690
5,690
0
0
0
0
0
0
0
0
502,086
0
73,546
575,632
SL
SL
SL
2%
50%
25% Equipment
10% Furniture
214,336
0
48,099
262,435
4,492
0
4,620
9,112
0
0
0
0
0
0
0
0
218,828
0
52,719
271,547
287,750
0
19,757
307,507
283,258
0
20,827
304,085
2025
2024
£
£
41,837
43,923
6,017
5,620
14,317
2,762
62,171
52,305
2025
2024
£
£
27,936
26,253
46,247
16,297
74,183
42,550

Page 10

NORTH WEST SURREY SYNAGOGUE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

10 RESTRICTED INCOME FUNDS

10a Funds held

Fund name Purpose

Building fund Fund set up for purchase of building Charitable funds Donations received for distribution to other charities Board of Deputies Fees collected on behalf of the Board of Deputies of British Jews Building maintenance reserve Funds set aside from income towards large building maintenance costs Special Projects fund Donations received for special projects at the discretion of the Trustees Harry Cohen L'Chaim Fund To enhance the services offered by the Synagogue - may be used at the Funeral Scheme (incl JJBS) Funeral scheme membership subscriptions Other restricted funds Small funds for specific purposes

10b Movement of Restricted and Designated Funds

Fund Fund
Balances Balances
brought Gains and carried
forward
Income
Expenditure
Transfers
Losses forward
Building fund 456,702
0
0
0
0 456,702
Charitable funds 1,287
16,579
16,586
0
0 1,280
Board of Deputies 2,925
3,358
3,170
0
0 3,113
Other restricted funds 34,139
25,084
23,887
(21,900)
0 13,436
495,053
45,021
43,643
(21,900)
0 474,531
Designated Funds
Building maintenance reserve 99,140
11,000
0
0
0 110,140
Special Projects fund 30,464
1,356
0
0
0 31,820
Harry Cohen L'Chaim Fund 19,339
1,017
162
(322)
0 19,872
Funeral Scheme 45,276
72,600
70,873
0
0 47,003
Other designated funds 92,420
26,300
7,355
(12,655)
0 98,710
286,639
112,273
78,390
(12,977)
0 307,545
Total funds 781,692
157,294
122,033
(34,877)
0 782,076
**10c ** Transfers between funds 2025 2024
From Unrestricted Funds to Building maintenance fund -
Provision towards roofing repairs, rendering etc. 11,000 17,000
From Religion School General Fund to Education costs -
Part cost of Senior Teacher (10,000) (13,500)
From L'Chaim Fund-
Cost of Teacher for Judaism Essentials (322) (396)
Towards repairs 0 (34,000)
From Restricted Donations and Legacies -
Towards repairs 0 (5,000)
Towards website revamp 0 (1,515)
Fund future part costs of Senior Teacher (30,000) 0
From Share and Care Fund -
To Share and Care expenses 0 (959)
From Solar Feed Fund -
To Share and Care expenses (2,655) (1,025)
From JJBS to Funeral Fund -
Towards Funeral Fund (21,900) 0

Page 11

NORTH WEST SURREY SYNAGOGUE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

11 TRANSACTIONS WITH RELATED PARTIES

Movement for Reform Judaism - annual assessment 2025
2024
26,611
22,464

12 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
2025
2024
0
1
0
249

Page 12