## **HECHEL HATORAH SYNAGOGUE TRUST Legal & Administrative Details Year ended 31 December 2024**
Name Hechel Hatorah Synagogue Trust Constitution Trust Deed dated 13 May 1964 Charity Registration Number 264361 Trustees Mr M Schwarz New trustees are appointed on the recommendation of the Synagogue committee. Address for Correspondence 13 Grangecourt Road, N16 5EG Bankers Barclays Bank PLC Strand Business Centre London Accountant Rothfeld Company Services Ltd Medcar House 149a Stamford Hill London N16 5LL
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## Independent Examiner’s Report to the Trustees of The Hechel Hatorah Synagogue Trust
I report on the accounts of the Trust for the year ended 31[st] December 2024, which are set out on page 4 to 7.
## _Respective responsibilities of Trustee and Examiner_
As the charity’s trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. 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 Report_
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 charity 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 trustee, 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 view given by the accounts.
## _Independent Examiner’s statement_
In connection with my examination, no matter has come to my attention.
(a) 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
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Accountant** 30 October 2025 Rothfeld Company Services Ltd Medcar House 149a Stamford Hill London N16 5LL
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## **HECHEL HATORAH SYNAGOGUE TRUST Trustees Report For the year ended 31 December 2024**
The Trustees present their report and accounts for the year ended 31 December 2024
## Constitution Etc
Legal and Administrative details are shown on page 1.
## Activities
The charity operates a Synagogue in North London. It also distributes funds for needy cases in the community.
## Reserves
The charity’s liquid reserves are considered adequate for its activities.
..................................
M Schwartz (trustee) 30 October 2025
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## **HECHEL HATORAH SYNAGOGUE TRUST Statement of financial activities For the year ended 31 December 2024**
|**Notes**
**Income**
Donations
Rent Receivable
**Total Income**
**Expenditure**
Charitable Activities
**3**
Depreciation
**4**
**Total Expenditure**
**Net Income/ (Expenditure) for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**2024**
**£**
28,325
21,660
49,985
44,666
,,2,149
46,815
**3,170**
270,163
**273,333**|**2023**
**£**
29,916
20,978
50,894
42,740
2,149
44,889
**6,005**
264,157
**270,163**|
|---|---|---|
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## **HECHEL HATORAH SYNAGOGUE TRUST Balance Sheet As at 31 December 2024**
|**2024**
**Notes**
**£**
**Fixed assets**
Tangible assets
**4**
**Current Assets**
Cash at bank and in hand
**Total Assets**
**Creditors: amounts falling**
**due within one year**
**5**
(7,034)
**Net current assets**
**Creditors: amounts falling due**
**after more than one year**
**6**
(44,393)
Net Assets
**Funds of the charity**
Unrestricted funds
**Total charity funds**|**2023**
**£**
**£**
**£**
305,214
307,363
19,546
22,627
324,760
329,990
**(**7,034)
317,726
322,956
(52,794)
273,333
270,163
273,333
270,163
**273,333**
**270,163**|**£**
307,363
22,627
329,990
322,956|
|---|---|---|
|||
270,163|
|||
**270,163**|
The financial statements were approved by the trustees on 30 October 2025 and signed on their behalf by:
## **M. Schwartz Trustee**
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**HECHEL HATORAH SYNAGOGUE TRUST Notes to the financial statements For the year ended 31 December 2024**
## **1. Accounting Policies**
## **1.1. Accounting convention**
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’.
## **1.2. Income**
Income is received by way of donations and is included in full in the Statement of Financial Activities when received. Annual rents received from renting out part of the building are shown on the Statement of Financial Activities.
## **1.3. Expenditure**
Liabilities are recognised in the year in which they are incurred,
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **1.4. Tangible Fixed assets**
The synagogue building has been included at estimated original cost plus subsequent refurbishment costs. The Residual Value of the portacabin has been added to the Synagogue Building Balance at 1 January 2016.
Furniture is included at cost.
Religious books and appurtenances are included at Residual Value.
## **1.5. Depreciation**
Furniture is calculated to have a useful life of 10 years. Depreciation is therefore provided at 10% per annum.
## **2. Employees**
## **Number of Employees**
|The average number of employees during the year was:
**3. Charitable Activities**
Grants
Synagogue Running Expenses
Wages & Salaries
Repairs
Support Costs
Insurance
Events
Interest& Charges|**2024**
2
**2024**
**£**
7,867
22,091
9,826
561
400
893
0
3028
44,666|**2023**
2
**2023**
**£**
3,052
20,670
12,580
1,200
400
863
260
3,715|
|---|---|---|
|||
42,740|
Support costs include independent examiner’s fee £400 (2022- Independent examiner £400)
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## **4. Fixed Assets**
|**4. Fixed Assets**|||||
|---|---|---|---|---|
||**Freehold**|**Fixture**|**Total**||
||**Property**|**Fittings &**|||
|||**Equipment**|||
||**£**|**£**|**£**||
|Synagogue Building Balance at 01 January 2024|290,810||||
|Synagogue Building Balance at 31 December 2024|290,810||290,810||
|Religious Books and Appurtenances Residual Value|||10,000||
|Fixtures and fittings Balance at 1 January 2024||6,552|||
|Additions in the year||-|||
|Depreciation Charge||(2,149)|||
|Fixtures and Fittings Balance at 31 December 2024||||4,403|
|Total Fixed Assets as at 31 December 2024|||305,214||
|**5. Creditors: Amounts falling due within one year**|||||
||**2024**||**2023**||
||**£**||**£**||
|Short Term Loan|6,634||6,634||
|Accruals|400||400||
|**6. Creditors: Amounts falling due after one year**|||||
||**2024**||**2023**||
||**£**||**£**||
|Long Term Bank Loan|44393||52,794||
Long Term Bank loans are secured by legal charge over the Charity’s own properties.
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