**REGISTERED COMPANY NUMBER: 01156003 (England and Wales) REGISTERED CHARITY NUMBER: 267045**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 JULY 2025**
## **FOR**
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL
**OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025**
||**Page**||
|---|---|---|
|**Reference and Administrative Details**|1||
|**Report of the Trustees**|2 to|3|
|**Independent Examiner's Report**|4||
|**Statement of Financial Activities**|5||
|**Balance Sheet**|6||
|**Notes to the Financial Statements**|7 to|12|
|**Detailed Statement of Financial Activities**|13||
**OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2025**
**TRUSTEES** Mr S A Ryde Mrs S S Van Noorden Prof A L Stein Mr B M L Simon Ms J Shatz Mr D G Silver Mr D E J Dangoor Mr M S Rose Mr J M Berger (appointed 11.11.24) **COMPANY SECRETARY** Mr B J Symcox **REGISTERED OFFICE** 21 Richmond Road Oxford OX1 2JL **REGISTERED COMPANY** 01156003 (England and Wales) **NUMBER REGISTERED CHARITY** 267045 **NUMBER INDEPENDENT EXAMINER** Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL
Page 1
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The company's objects are to make the Centre available for Jewish religious, educational and cultural activities, and the promotion of the charitable activities on behalf of students and the community. There is an unalterable provision that the synagogue shall be available for worship in accordance with any form of Jewish service.
It is the company's policy to raise funds in order that its objects may be met.
## **Ensuring we meet our aims**
The Trustees review the aims, objectives and activities each year. We look at what we have achieved in terms of the success of each key activity and the benefits we have brought to the community. This review also helps us to ensure our aims, objectives and activities remain focussed on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular the Trustees consider how planned activities will contribute to the aims and objectives we have set.
## **Significant activities**
The synagogue buildings have been heavily used throughout the year. Continuing investment has been made to keep the buildings in a good state of repair and decoration.
## **Grantmaking**
The Richard and Natalie Koch Fund, a restricted fund, represents the value of cash donated to the charity towards projects involving the young people of the congregation which have broadly educational and cultural purposes and which have a Jewish 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.
## **Volunteers**
The Trustees gratefully acknowledge the important contribution made by volunteers and donors to the operation of the Centre.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Fundraising activities**
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 organising religious and teaching activities in the Centre. Income is also derived from hiring out the centre. The Congregation is funded by fees, subscriptions, investment income, donations from members and, at the discretion of its trustees, passes funds to the company to go towards the maintenance and running costs of the Centre.
## **FINANCIAL REVIEW**
## **Financial position**
Total incoming resources for the year amounted to £254,825 (2024: £257,190). Total expenditure for the year was £249,078 (2024: £268,084) giving a surplus for the year of £5,747 (2024: deficit of £10,894).
At 31 July 2025, total charity funds stood at £1,059,698 (2024: £1,053,951), including the value of the Synagogue building at £991,924, leaving available funds of £67,774 (2024: £62,027)..
## **Investment policy and objectives**
The trustees have the power to invest, subject to 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 2025**
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees regularly review the company's financial position to ensure that sufficient reserves are held to meet any foreseeable liabilities and commitments. 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 document**
The Oxford Synagogue and Jewish Centre Ltd. is a company limited by guarantee and not having a share capital, which is registered as a charity (No. 267045) under the Charities Act 1960. It 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, and the wider Jewish community.
## **Recruitment and appointment of new trustees**
Each of the following bodies are entitled to nominate three members:
- The B'nai B'rith Hillel Foundation;
- The Oxford Jewish Congregation;
- The Founding Members of the Association or their successors.
There is a further stipulation that at least two members should be resident graduates of Oxford University.
## **Organisational structure**
The Company is run by the trustees who delegate to the Committee of Management responsibility for the day to day running of the Centre and the provision of the student Kosher Meals Service.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.................................................................
Mr B J Symcox - Secretary
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED (REGISTERED NUMBER: 01156003)**
## **Independent examiner's report to the trustees of Oxford Synagogue & Jewish Centre Limited ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Philip J Burton
Bronsens Chartered Certified Accountants Eden House Two Rivers Business Park Witney Oxfordshire OX28 4BL Date: .............................................
Page 4
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**Charitable activities**
4
Grants from the Oxford Jewish Congregation
Grants from CST
Investment income
3
Other income
5
**Total**
**EXPENDITURE ON**
**Charitable activities**
6
Centre running costs
Meals Service - directly attributable costs
Grants to individuals
Building and security reserve
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
29,054
172,139
5,858
444
47,330
254,825
199,100
45,519
-
479
3,655
248,753
6,072
1,046,996
1,053,068|Restricted
fund
£
-
-
-
-
-
-
-
-
325
-
-
325
(325)
6,955
6,630|31.7.25
Total
funds
£
29,054
172,139
5,858
444
47,330
254,825
199,100
45,519
325
479
3,655
249,078
5,747
1,053,951
1,059,698|31.7.24
Total
funds
£
28,417
168,729
7,478
639
51,927
257,190
224,664
33,147
-
1,385
8,888
268,084
(10,894)
1,064,845
1,053,951|
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED (REGISTERED NUMBER: 01156003)**
## **BALANCE SHEET 31 JULY 2025**
|Notes
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
991,924
36,655
34,678
71,333
(10,189)
61,144
1,053,068
1,053,068|Restricted
fund
£
-
-
6,630
6,630
-
6,630
6,630
6,630|31.7.25
Total
funds
£
991,924
36,655
41,308
77,963
(10,189)
67,774
1,059,698
1,059,698
1,053,068
6,630
1,059,698|31.7.24
Total
funds
£
991,924
34,642
42,268
76,910
(14,883)
62,027
1,053,951
1,053,951
1,046,996
6,955
1,053,951|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitablec ompanies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on
............................................. and were signed on its behalf by:
The notes form part of these financial statements
............................................. Mr D G Silver - Trustee
Page 6
**OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
The company has not complied with Financial Reporting Standard 15, in that depreciation has not been provided on freehold properties. The Council of Management consider that the value of the properties exceeds the historical cost and it is their policy to ensure that the properties are well maintained.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
continued...
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025**
|**2.**
**DONATIONS AND LEGACIES**
31.7.25
£
Donations from Hillel
18,000
Donations to the George Silver Memorial Fund
-
Other donations
11,054
29,054
**3.**
**INVESTMENT INCOME**
31.7.25
£
Deposit account interest
444
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
31.7.25
Activity
£
Grants from the Oxford Jewish
Grants
Congregation
172,139
Grants
Grants from CST
5,858
177,997
Grants received, included in the above, are as follows:
31.7.25
£
Grants from Oxford Jewish Congregation towards Centre running
costs
158,799
Grants from Oxford Jewish Congregation towards security costs
13,340
CST security grants
5,858
177,997
The amount shown as received from the Oxford Jewish Congregation is the same as that
charity in the period.
**5.**
**OTHER INCOME**
31.7.25
£
Income from centre hire and member events
19,744
Meal service income
27,586
47,330|31.7.24
£
10,000
2,080
16,337
28,417
31.7.24
£
639
31.7.24
£
168,729
7,478|31.7.24
£
10,000
2,080
16,337|
|---|---|---|
|||28,417|
||176,207||
||31.7.24
£
158,389
10,340
7,478||
||176,207||
||paid by t
31.7.24
£
23,902
28,025
51,927||
|||51,927|
The amount shown as received from the Oxford Jewish Congregation is the same as that paid by that charity in the period.
Page 8
continued...
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025**
## **6. CHARITABLE ACTIVITIES COSTS**
|Direct
Costs (see
note 7)
£
Centre running costs
194,219
Meals Service - directly attributable
costs
45,519
Grants to individuals
-
Building and security reserve
479
240,217
**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Rates and water
Insurance
Light and heat
Telephone
Sundries
Repairs and maintenance
Provisions
Function expenses
Building refurbishment fund
**8.**
**GRANTS PAYABLE**
Grants to individuals
**9.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration|Grant
funding of
activities
(see note
8)
£
-
-
325
-
325|Support
costs
£
4,881
-
-
-
4,881
31.7.25
£
137,444
5,100
14,403
11,319
1,535
6,968
32,779
21,843
8,347
479
240,217
31.7.25
£
325
31.7.25
£
3,289|Totals
£
199,100
45,519
325
479|
|---|---|---|---|
||||245,423|
||||31.7.24
£
125,317
4,030
12,442
19,097
1,556
5,045
56,172
33,147
1,005
1,385|
||||259,196|
||||31.7.24
£
-
31.7.24
£
3,500|
Page 9
continued...
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
## **11. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Caretaking, catering and office staff
No employees received emoluments in excess of £60,000.
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 August 2024 and 31 July 2025
**NET BOOK VALUE**
At 31 July 2025
At 31 July 2024
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Other debtors
Prepayments|31.7.25
10
31.7.25
£
-
26,914
9,741
36,655|31.7.24
8
Freehold
property
£
991,924
991,924
991,924
31.7.24
£
11,198
13,914
9,530
34,642|
|---|---|---|
||||
Page 10
continued...
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Social security and other taxes
Other creditors
Accrued expenses
**15.**
**MOVEMENT IN FUNDS**
At 1.8.24
£
**Unrestricted funds**
Property Reserve (General Fund)
1,011,683
Building and Security Reserve
35,313
1,046,996
**Restricted funds**
Richard and Natalie Koch Fund
6,955
**TOTAL FUNDS**
1,053,951
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Property Reserve (General Fund)
245,825
Building and Security Reserve
9,000
254,825
**Restricted funds**
Richard and Natalie Koch Fund
-
**TOTAL FUNDS**
254,825||31.7.25
£
1,736
4,237
4,216
10,189
Net
movement
in funds
£
6,707
(635)
6,072
(325)
5,747
Resources
expended
£
(239,118)
(9,635)
(248,753)
(325)
(249,078)|31.7.24
£
1,748
8,130
5,005
14,883
At
31.7.25
£
1,018,390
34,678
1,053,068
6,630
1,059,698
Movement
in funds
£
6,707
(635)
6,072
(325)
5,747|
|---|---|---|---|
|||||
|||||
|||||
Page 11
continued...
**OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
Property Reserve (General Fund)
Building and Security Reserve
**Restricted funds**
Richard and Natalie Koch Fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above
**Unrestricted funds**
Property Reserve (General Fund)
Building and Security Reserve
**TOTAL FUNDS**|At 1.8.23
£
1,030,192
27,698
1,057,890
6,955
1,064,845
are as follows:
Incoming
resources
£
248,190
9,000
257,190
257,190||Net
movement
in funds
£
(18,509)
7,615
(10,894)
-
(10,894)
Resources
expended
£
(266,699)
(1,385)
(268,084)
(268,084)|At
31.7.24
£
1,011,683
35,313
1,046,996
6,955
1,053,951
Movement
in funds
£
(18,509)
7,615
(10,894)
(10,894)|
|---|---|---|---|---|
||||||
||||||
||||||
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 July 2025.
## **17. DETAILS OF FUNDS**
The Property Reserve, also known as the General Fund, relates to funds received for the purchase of properties used by the company for its charitable activities.
The Building and Security Reserve is an unrestricted fund created by the trustees to ring-fence funds for future expenditure on building upkeep and security costs.
The Richard and Natalie Koch Fund represents 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 a Jewish theme. The capital and income may be used for this purpose.
Page 12
## **OXFORD SYNAGOGUE & JEWISH CENTRE LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations from Hillel
Donations to the George Silver Memorial
Fund
Other donations
**Investment income**
Deposit account interest
**Charitable activities**
Grants
**Other income**
Income from centre hire and member events
Meal service income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Rates and water
Insurance
Light and heat
Telephone
Sundries
Repairs and maintenance
Provisions
Function expenses
Building refurbishment fund
Grants to individuals
**Support costs**
**Governance costs**
Auditors' remuneration
Accountancy
Bank charges
Total resources expended
**Net income/(expenditure)**|31.7.25
£
18,000
-
11,054
29,054
444
177,997
19,744
27,586
47,330
254,825
137,444
5,100
14,403
11,319
1,535
6,968
32,779
21,843
8,347
479
325
240,542
3,289
4,881
366
8,536
249,078
5,747|31.7.24
£
10,000
2,080
16,337
28,417
639
176,207
23,902
28,025
51,927
257,190
125,317
4,030
12,442
19,097
1,556
5,045
56,172
33,147
1,005
1,385
-
259,196
3,500
5,000
388
8,888
268,084
(10,894)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 13