REGISTERED COMPANY NUMBER.. 01156003 (England and Wales) REGISTERED GHARITY NUMBER: 267045 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 FOR OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED Bronsens Chartered Certrfied knountants Statutory Auditors Eden House Two Rlvers Business Park Wilney Oxfordshlre OX28 4BL
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 Page RgfgrgnGo and Administrativ• Datalls Report of the Trustws Rgport of tho Independgnt Auditors S to 7 ststomont of Flnan¢ial Activities Balance Sheet Notes to the Flnancial Statements 10 10 15 Detail SLrytement of Flnancial Activitle8 16 10 17
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2024 TRUSTEES MrSARyde Mrs S S Van Noorden Rev M Weisman (resigned 29.2.24) Mr J P Blumenfeld (resigned 27.11.231 Prof A L Stein Mr M Simon lappoinled 27.11.23) Ms J Shatz Mr D Silver Mr D E J Dangoor Mr M Rose {appointed 20.12.231 Mr J M Berger lappoinled 11.11.241 COMPANY SECRETARY Mr B J Symcox REGISTERED OFFICE 21 Richmond Road Oxford OX12JL REGISTERED COMPANY NUMBER 01156003 {England and Wales) REGISTERED CHARITY NUMBER 267045 AUDITORS Bron5ens Chartered Certrfied Accountants Slalutory Auditors Eden House Two Rivers Business Park Vvitney Oxfordshire OX28 4BL Page 1
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 The Iruslees who are also directors of the charily for the purposes of the Companies Act 2006, present their report with the financial slalemenls of the charity for the year ended 31 July 2024. The trustees have adopt the provisions of Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparing Ihelr accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims The companls objects are lo make the Centre available for Jewish religious. educational and cultural activities, and the promotion of the charitable activities on behalf of students and the communty. There is an unalterable provision that the synagogue shall be available for worship in accordance with any form of Jewish service. 11 is the companqs policy to raise funds in order that ils objects may be met. Ensurlng we meet our aims The Trustees review the aims, objectives and activities each year. We look al what we have achieved in terms of the SUC58 of each key activity and the benefits we have brought to the community- This revlew also helps us lo ensure our aims, objectives and activities remain focussed on our slated purposes. We have referred lo the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future aclivilies. In particular the Trustees consider how planned activities wll contribute to the aims and objectives we have sel. Slgnrfieanl activities The synagogue buildings have been heavily used throughout the year. Continuing investment has been made lo keep the buildings in 8 good slate of repair and decoration. Grantmaklng The Richard and Natalie Koch Fund. a restricted fund, represents the value of Ggsh donated to the charity towards projects involving the young people of the congregation which have broadly educational and cultural purposes and which have a Jwsh theme. The company administers the finances of the fund on behalf of its independent trustees, who approve applications for grants that fall within the criteria of the fund. Voluntgers The Trustees gratefully acknOedge the important conlribullon made by volunteers and donors to the operation of the Centre. ACHIEVEMENT AND PERFORMANCE Fundraising activitiès The main source of funding for the Oxford Synagogue and Jewish Centre Limited is the Oxford Jewish Congregation, which is an unincorporated charity responsible for organlsing religious and leaching activities in the Cenlre. Income is also derived from hiring out the centre. The Congregation is funded by fees, subscriptions, investment income, donations from members 2nd, al the discretion of ils trustees, passes funds lo the company to go towards the mainlenanco and running costs of the Cenlre. FINANCIAL REVIEW Financial position Total incoming resources for the year amounted to £257,190 12023.. £234,073). Total expenditure for the year was £268,08412023.' £234,269) giving a éeficlt for the year of £10,89412023-. £1961. At 31 July 2024, total Gharity funds stood al £1,053,951 12023.. £1,064,845). Investmènt pollcy and objectlves The trustees have the power to invest. subjecl lo any restrictions contained in the Memorandum and Articles of Association. Page 2
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 FINANCIAL REVIEW Reserves policy The trustees regularly review the companys financial position lo ensure that sufficient reserves are held lo meet any foreseeable liabilities and commilmenls. Over the last couple of years a building and security reserve has been built up to cover the cost of upkeep and major improvement works. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing do¢ument The Oxford Synagogue and Jewish Centre Ltd. is a company Ilmiled by guaranlee and not having a share capilal, which Is registered as a charity (No. 267045} under the Charities Act 1960. 11 was incorporated on 9 January 1974 to establish and maintain the Oxford Synagogue and Jewish Centre in the interests of the Jewish student body. the Oxford Jewish Congregation, anl Ihe wider Jewsh community. RecruStmgnt and appointment of new trustees Each of the following bodies are enlilled to nominate three members.. The B'nai B'rilh Hillel Foundation., The Oxford Jewish Congregation., The Founding Members of the Association or thelr successors. There is a further stipulation that at least 0 members should be resldenl graduates of Oxford University. Organlsatlonal structurg The Company is run by the Iruslees who delegate lo the Commillee of Management ffjsponsibility for the day to day running of the Centre and the provision of the sludenl Kosher Meals Service. STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of Oxford Synagogue & Jewlsh Centre Limited for the purposès of company lawl are responsible for preparing the Report of the Trustees and the financial slalemenls in accordance with applicable law and Unlled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees lo prepare financial statement5 for each financial year which give a true and fair view of the slate of affairs of the oharilable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In proparing those financial stalemenls, the trustees are required to select suitable accounting policies and then apply them consislently-, observe the methods and principles in the Charity SORP,. make judgements and eslimales that are reasonable and prudent,. prepare the financial statements on the going concern basis unless It is inapproprlale to presume that the charitable company wll continue in business. The truslee5 are responsible for keeping proper accounting records which disclose wth reasonable accuracy al any lime the financial position of the charitsble company and lo enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware.. there is no relevant audit information of which the charitable companys auditors are unaware. and the Iruslees have taken all steps that they ought lo have taken lo make themselves aware of any relevant audit information and lo establish that the auditors are aware of that information. AUDITORS The auditors. Bronsens, wll be proposed for re-appointment al the forthcoming Annual General Meeting. Page 3
OXFORD SYNAGOGUE & JEWBH CETrifRE LIMITED AEPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2024 Thls report ha8 b86n wepgred In accordance vAth the speclal PTovlslons of Part 15 of Ihe COM105 A 2006 relaUng to small comFAnles. 11 Apwoved by ord8r ofthe bo9 oflru8tegB on ............... ...... ....... . . and $lgn•J on ils behalf ty: MrBJSym - Secretary Page 4
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED (REGISTERED NUMBER: 1156003) Opinlon We have audlted the financial statements of Oxford Synagogu8 & Jewish Centre Limited (the 'charilable companll foT the year ended 31 July 2024 which comprise the Statement of Financial Activities, the Balanc8 Sheet and notes lo the financial stalemenls. including a surnmary of signrficant accounting policies. The financial reportSng framework Ihal has been applied in their preparation is applicable law and United Kingdom AcGounling Standards {Uniled Kingdom Generally Accepted Accounting Praclicel. In our opinion the financial statements.. give a true and fair view of the slate of the charitable companvs affairs as al 31 July 2024 and of Ils Incoming resources and application of resources, including its income and expenditure, for the year then ended,. have been prop8rly prepared in accordance wth United Kingdom Generally Accepted Aecountlng Practice., and have been prepared in accordance wlh the requirements of the Companies Act 2006. Basls for opinion We conducted our audit in accordance th International Standards on ALKllllng {UK} IISA5 IUKI) and applicable law. Our responslbililies under those standards are further described in the Audllors, responsibilities for the audrt of the financial stslemenls section of our report. We are Independent of the charitable company in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulIked our other ethical responsibililEs in accordance Mlh these reqLJirements. We believe that the audit evidencE we have obtained is sufficient and appropriate lo provide a basis for our opinion. Conclusions relating to going eoncern In auditing the financial slalemenls, we have conduded that the truslees, use of the going concern basis of accounllng in the preparation of the financial statements is appropriat&. Based or) the work we have performed. we have not identified any mal8rial uncertainties relating lo events or conditions that, individually or collectivdy. may cast signrficant doubl on the charitable companvs ability lo continue as a going concern for a period of at least twelve month5 from when the finanaal statements are aulhorised for issue. Our respon5ibililies and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. other infomiation The Irusl@es are responsible for the other information. The other information comprlses the Information included in the Annual Report. other than the financlal st8temenls and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other Information and, except lo the extent otherwise explicitly staled In our r8port, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial slalements, our responsibility is to read the other Informab'on and, in doing so, conslder whether the other information is materially inconsislenl wth the financial slalements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identrfy such material inconsislen¢ies or apparent material misslalemenls. we are required lo determine whether this gives rise to a material misstalemenl in the financial slalements thems&lves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are required lo report that fact. We h8ve nothing to report in this regard. Oplnlons on other mattors prescrib by thè Compan5 Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Report of the Trustees for the financial year for whlch the financial statement5 are prepared is consislenl wth the flnancial slalements.. and the Report of the Trusleos has been prepared in accordance with applicable legal requirements. Page 5
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED {REGISTERED NUMBER: 11560031 Mattgrs on whlch we are requlred to report by oxceptlon In the light of the knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not idenlrfied material misslalements in Ihe Report of the Trustees. We have nothing lo report in respect of the fdlomng matters where the Companies Act 2006 requires us lo report lo you if, in our opinion.. adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by u5., or the financial statements are not in agreement with the accounting records and returns. c certain disclosures of Iruslees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit-, or the Iruslees were not entitled lo lake advantage of the small companies exemptlon from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. Responsibilitiès of trustees As explained mor8 fully in the Statement of Trustees, Responsibililles. the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial slalements and for being satisfled that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial statements that are free from material misslatemenl, whether due lo fraud or eOr. In preparing the financial statements, the Iruslees are rgspon$ible for assessing the charitable companvs ability to continue as a going concern, disclosing, as applicable. mallers related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic allernalive but lo do 50. Our rospon$lbllltles for the audlt of th9 financial statements Our objectives are to obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslatemenl, whether due to fraud or error, and lo issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in accordance wlh ISAS IUKI will always delecl a material misslalemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial slalemenls. The extent lo which our procedures are capable of detecting Irregularities. including fraud 15 detailed below.. We gained an understanding of the legal and regulatory framework applicable lo the company and the industry in which il operates, and considered the risk of acts by the company that were conlrary lo applicable law5 and regulations, including fraud. We designed audit procedures lo respond lo the risk, recognising that the risk of not delecling a material misstalemenl due lo fraLsd 15 higher than the risk of not delecling one resulting from error, as fraud may involve deliberate concealment by. for example. forgery or intentional misrepresenlalions, or through collusion. We focussed on laws 8nd regulation5 which could giv8 rise to a material mis51alemenl in the financial slatemenls, including. bul not limited lo, the Companies Act 2006 and UK lax legislation. Our tests included agreeing the financial slalemenl disclosures lo underlying supporting documernlalion, enquiries with management and enquiries of legal counsel. There are inherent limitations in the audit procedures described above and. the further removed non-compliance wlh laws and regulations is from tho events and transactions reflected in the financial slatemenls, the less likely we would become aware of rt. We did not identify any key audil mallers relating lo irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misslatemenl due lo fraud. A further description of our responsibililles for the audit of the fIn8CIal statements is localed on the Financ1al ReKM)rting Council's website at W.frc.org.UkIaudlt0rsreSponSlblliIle8. This description forms part of our Report of the Independent Audllors. Page 6
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED {REGISTERED NUMBER: 01156003) Us0 of our roport This report is made solely to the charltable companvs members, as a body, in accordan¢e with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable companvs members those matters we are required to State lo them in an auditors, port and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibllily to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Philip J. Burton Bsc FCA (Senior Stslulory Auditor) for and on behalf of Bronsens Chartered Certified Accounlanls statutory Auditors Eden House Two Rivers Buslness Park Vvitney Oxfordshire OX28 4BL Date.. 201f Page 7
OXFORD SYNAGOGUE & JEMSH CENTRE LIMtrED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 31.7.24 Total funds 31.7.23 Total funds unrestrted Restricted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacie5 28,417 28,417 39.560 Charltable activities Grants from the Oxford Jewsh Congregation Grant5 from CST 168,729 7.478 168,729 7,478 160,309 4,116 Investment income Other income 639 51.927 639 51,927 280 29,808 Total 257,1 257.190 234,073 EXPENDrruRE ON Charitablg a¢tivitios Centre runr)ing ¢osls Meals Service - directly attributakAe costs Grants lo individuals Building and security reserve 224,664 33,147 224,664 33,147 204,740 21,285 90 1,385 1,385 Other 8,888 8,888 8,154 Total 268,084 268,084 234,269 INCOMEIIEXPENDITURE) {10.8941 {10,8941 1196) RECONCILIATION OF FUNDS Total funds brought forward 1,057,890 6.955 1,064.845 1,065,041 TOTAL FUNDS CARRIED FORWARD 1.046,996 6.955 1.053.951 1.064,845 The notes form part of thes& financlal stalemenls Page 8
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED (REGISTERED NUMBEIt.. 11560031 BALANCE SHEET 31 JULY 2024 31.7.24 To¢al funds 31.7.23 Tolal funds Unrestricled funds Restricled lund Notes FIXED ASSETS Tangible asspts 12 991.924 991,924 991.924 CURRENT ASSETS Debtors Cash at bank 13 34,642 35,313 34,642 42,268 37,758 42,267 6.955 69,955 6,955 76,910 80.025 REDITORS Amounts falling due within one year 14 114,8831 114.8831 17,1041 NET CURRENT ASSETS 55,072 6,955 62,027 72.921 TOTAL ASSETS LESS CURRENT LIABILITIES 1,046.996 6,955 1,053.951 1,064,845 NET ASSErs 1.046.996 6,955 1,053,951 1,064,845 FUNDS Unreslricied funds Restricted lunds 15 1,046,996 6.955 1.057.890 6,955 TOTAL FUNDS 1,053.951 1,064,845 Th8ye financijl slat8ments h8ve been prepared in aOrdance with Ihe provisions applicaNe to charitsble mpanies 3ubjecl to the sm811 companies regimg. Thè financial statemènts We approved ty (he Board ol Tnjslees and 8uthorlsed foi issue on .JA. .%.P.lrf............... and wore signed on its b8hall by". Mr S A Ryd8- Trustee The notes form part of Ih85e financial sia18rnenls Page 9
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 ACCOUNTING POLICIES Bas1$ of preparing the flnancial ¥tatement$ The financial statements of Ihe charitable company. which is a public benefit enlily under FRS 102, have been prepared in accordance wlh the Charities SORP IFRS 1021 'Auounling and Reportlng by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial Reportin£i Standard 102 The Finan¢ial Reporting Standard appllcable in Ihe UK and Republic of Ireland, and thie Companles Act 2006. The financial statements have been prepared under the historical cost cOnntion. Inc¢)me All income is Tecognised in the Statement of Financial ActSvf(ies once the charlty has entillemenl to the funds, il is probabl& that the income wll be received and the amount can be measured reliably. Expendituro Liabilities are recognised as expenditure as soon as there is a legal or Conslruclive obligation commilling the Charity lo that expendrture, it is probable that a transfer of economic benefits will be requlred in set11emenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on accruals basis and has been ¢18ssified under headings that a9gregate all cost related to the category. Where costs cannot be directly atlribuled lo particular headings they have been allo¢ated lo activities on a basis consislenl wlh the use of resources. Grants offered sublecl lo conditions whlch have not been met at the year end dale are noted as a commitment but not accnjed 8$ expenditure. Tangible fixod assets Depreciation is provided al the following annual rates in order to write off each asset over its estimated useful lrfe. Freehold property The company has not complied with Financial Reporting Standard 15. in that depreciation has not been provided on freehold properties. Tho Council of Management consider that the value of the properties exceeds the historical cost 8nd il is their policy lo ensure that the properties are well maintsined. not provided Taxation The charity is exempt from corporation lax on its charitable aclivilies. Fund accounting Unreslricled funds can be used in accordance with the Charitable objectives at the dlscrelion of the Iruslees. Restricted fund5 can only be used for particular restTl¢ted purposes within the objects of the chafity. Reslriclions arise when specified by the donor or when funds are raised for partlwlar reslricled purposes. Further explanation of the nature and purpose of each fund is included In the notes to the financial statements. Page10 continued..
OXFORD SYNAGOGUE & JEWISH CENTRE LINIITED NOTES TO THE FINANCIAL STATEMENTS - contlnuod FOR THE YEAR ENDED 31 JULY 2024 DONATIONS AND LEGACIES 31.7.24 31.7.23 Donations from Hillel Donations lo the George Silver Memorial Fund Other donations NLPS grants 10,000 2.080 16,337 8.250 2,275 24,035 5.000 28,417 39,560 INVESTMENT INCOME 31.7.24 31.7.23 Deposit account Inte8t 639 INCOME FROM CHARITABLE ACTIVITIES 31.7.24 31.7.23 Aclivlty Grants from the Oxford Jewish Congregation Grants from CST Grants Grants 168,729 7.478 160,309 4,116 176,207 164,425 Grants received, included in the afJ)ve, are as follows-. 31.7.24 31.7.23 Grants from Oxford Jewsh Congregation towards Centre running costs Gran15 from Oxford Jewish Congregation towards security costs CST security grants 158,389 10,340 7,478 151.281 9,028 4,116 176.207 164,425 The amount shown as reIved from the Oxford Jewish Congregat is the same as that paid by that charity in the period. OTHER INCOME 31.7.24 31.7.23 Centre hire Income Meal service income Sundry income 23,902 28,025 7,964 19.884 1,960 51,927 29,808 Page11 continued...
OXFORD SYNAGOGUE & JEWISH CENTRE LIMrrED NOTES TO THE FINANCIAL STATEMENTS - contlnuad FOR THE YEAR ENDED 31 JULY 2024 CHARITABLE ACTIVITIES COSTS Direct Costs {see note 71 Centre running costs Meals Service - ¢Jireclly allribulable costs Building and se¢urlty reserve 224.664 33,147 1,385 259,196 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.7.24 31.7.23 Staff costs Rates and water Insurance Light and heal Telephone Sundries Repairs and maintenance Provisions Function expenses Building refurbishment fund 125,317 4.030 12,442 19,097 1,556 5,045 56.172 33,147 1.005 1,385 121,691 3,851 11,086 19.583 1,556 4,668 27,042 21,285 1.741 13,522 259.196 226,025 GRANTS PAYABLE 31.7.24 31.7.23 Grants to individuals go NET INCOMEI{EXPENDITURE) Nel incomellexpenditurel is stated after chargin(CreditIngl'. 31.7.24 31.7.23 Auditors, remuneration 3.500 3,000 10. TRUSTEES. REMUNERATION AND BENEFITS There were no trustee5' remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023. Trustees. expenses The were no trustees, expenses pald for the year ended 31 July 2024 nor for the year ended 31 July 2023. Page 12 conlinued..
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued FOR THE YEAR ENDED 31 JULY 2024 11. STAFF COSTS The average monthly number of employees during the year was as fdlows: 31.7.24 31.7.23 Caretaking, Galering and office staff No employees received emoluments in 8xcess of £60,000. 12. TANGIBLE FIXED ASSETS Freehold property COST Al 1 August 2023 and 31 July 2024 991,924 NET BOOK VALUE Al 31 July 2024 991,924 Al 31 July 2023 991.924 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.24 31.7.23 Trade debtors Other debtors Prepayments 11,198 13,914 9.530 13,914 23,844 34,642 37,758 14. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.24 31.7.23 Social securlly and other taxes Other creditors Accrued expenses 1,748 8,130 5,005 1.240 500 5.364 14.883 7,104 15. MOVEMENT IN FUND5 Nel movement in funds Al 31.7.24 Al 1.8.23 Unrestricted funds Property Reserve IGen8ral Fund) Building and Security Reserve 1.030,192 27.698 118.509} 7,615 1,011,683 35,313 1,057,8 {10,8941 1,046,996 Restricted funds Richard and Natalie Koch Fund 6,955 6,955 TOTAL FUNDS 1.064,845 (10,894) 1,053,951 Page 13 continued...
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 JULY 2024 15. MOVEMENT IN FUNDS - continued Net mov8menl in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted fund$ Property Reserv8 (General Fund) Building and Security Reserve 248,190 9,000 (266,6991 (1,3851 118,509) 7,615 257.190 (268,084) 110,8941 TOTAL FUNDS 257.1 1268.084) 110,8941 Comparativès for movement In funds Nel movement in funds Al 31.7.23 At 1.8.22 Unre8trlcted funds Property Reserve (General Fund) Building and Security Reserve 1,025,777 32,219 4,415 (4,521) 1,030,192 27.698 1,057,996 1106} 1,057,890 Re8tricted fundg Richard and Natalie Koch Fund 7.045 1901 6.955 TOTAL FUNDS 1,065,041 11961 1,064,845 Comparative net movement in funds, included In the above are as follows.. Incoming resour$ Resources expended Movement in funds Unrestricted funds Property Reserve (General Fund) Building and Security Reserve 225,072 9.001 (220,657) 113,522} 4,415 14,5211 234,073 1234.179} 1106) Restricted fund$ Richard and Natall& Koch Fund 1901 () TOTAL FUNOS 234,073 {234,2691 1196) Pagg 14 conllnued...
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS - wntlnugd FOR THE YEAR ENDED 31 JULY 2024 RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 July 2024. 17. DETAIL5 OF FUNDS The Property Resetve, also known as the General Fund, relates lo funds received for the purcha88 of properties used by the company for Ils charitable activities. The Bullding and Security Reserve is an unrestricleil fund created by the trustees lo rlng-fonce funds for future expenditure on building upkeep and security costs. The Richard and Natalie Koch Fund repre8enls the value of cash donated to the Oxford Jewish Congregation towards projects Involving the young people of the congregation which have broadly educational and cultural purposes and which have 8 Jewish theme. The capit81 and Income may be used for this purpose. Page 15
OXFORD SYNAGOGUE & JEWISH CENTRE LIMrrED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024 31.7.24 31.7.23 INCOME AND ENDOWMENTS Donations and legacies Donations from Hillel Donations to the George Sllver Memorial Fund Other donations NLPS grants 10,000 8,250 2,080 16,337 2,275 24,035 5.000 28,417 39,560 Inv•stm•nt incomg Deposit account interest 639 280 Charitable activltles Grants 176,207 164.425 Other Income Centre hlre income Meal servic& Income Sundry ino)me 23,902 28.025 7,964 19,884 1,960 51,927 29,808 Total Incomlng resources 257,190 234,073 EXPENDITURE Charltabl¢ actlvities Wages Rates and water Insurance Llghl and heat Telephone Sundries Repairs and maintenance Provi8lons Function expenses Building refurbishment fund Grants lo individuals 125,317 4,030 12,442 19,097 1,556 5,045 56,172 33,147 1,005 1,386 121,691 3,851 11,086 19,583 1,556 4.668 27.042 21.285 1.741 13,522 259,198 226,115 Support costs Govèrnanco ¢osts Auditors. remuneration Actounlancy Bank charges 3,500 5.000 388 3,0 4,800 354 8,888 8,154 This page does not form parl of tha statutory financial slalemenls Page 16
OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED DEfAILED STATEMENT OF FINANCIAL AcTIVlEs FOR THE YEAR ENDED 31 JULY 2024 31.7.24 31.7.23 Total resources 8XP8nded 268.084 234,269 N•t •xp•ndltur• 110.8941 11961 Thls page does not fom) part of the statutory financial statements Page 17