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2022-12-31-accounts

KINGSTON LIBERAL SYNAGOGUE

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Charity No: 270792

KINGSTON LIBERAL SYNAGOGUE

Contents

Page
Legal and Administrative Information 1
Report of the Trustees 2 - 8
Report of the Independent Examiner 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 - 23

KINGSTON LIBERAL SYNAGOGUE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees from 1 January 2022 to the date of this report

Chair: Craig Simmons (co-Chair from 11 June 2023) Deputy Chair: Rebecca Singerman-Knight (co-Chair from 11 June 2023) Secretary: Louisa Michelson Treasurer: Philip Hyman (trustee from 5 September 2022, treasurer from 10 December 2022) Ray Stone (until 5 September 2022) Others: Vince Daly Stephanie Wuggenig (until 31 December 2022) Philip Lyons Brian Plaskow Bess Joffe (until 19 June 2022) Tina Higgins Nicola Claire Barbara Richards (from 11 June 2023) Charity registered number 270792 Principal Office Rushett Road Long Ditton Surrey KT7 0UX Independent Examiner Jason Foxwell independent-examiner.net 39 Enfield Road Poole Dorset BH15 3LJ Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

1

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2022. Legal and administrative information set out on page 1 forms part of this report.

The financial statements comply with the Charities Act 2011 and 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).

OBJECTS AND ACTIVITIES

a. The Objects of the Synagogue shall be:-

STRUCTURE, GOVERNANCE AND MANAGEMENT

a. CONSTITUTION

Kingston Liberal Synagogue (KLS) is an unincorporated association governed by an amended written Constitution adopted at the annual General Meeting on 12 November 1967 and amended 10 October 1975, 26 June 2003, 5 September 2020 and 5 September 2021. Further amendments were adopted at the Annual General Meeting on 11 June 2023.

The Synagogue is registered with the Charity Commission – No. 270792.

b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

The management of the charity is the responsibility of the Trustees who are elected by members of the Synagogue at an Annual General Meeting or co-opted under the terms of the Constitution. There must be at least six Trustees and a maximum of 14 Trustees. Trustees hold office for a term of two years, after which they may seek re-election. The Chair is elected by members of the Synagogue at each AGM.

The Trustees who have served during the year and since the year-end are set out on page 1. The trustees meet no fewer than six times a year. In practice, they generally meet monthly.

2

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

Prior to nomination, the Chair meets with prospective Trustees to brief them about the role and the expectations and responsibilities of becoming a Trustee. Following election, new Trustees are introduced to their role and given a copy of the Constitution and a guide to the policies and procedures adopted by the Synagogue.

A number of publications from the Charity Commission are also provided including guidance on charities and public benefit and on the advancement of religion for public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act.

The Trustees are reminded of their responsibilities as a part of a standing agenda item at each monthly Council meeting.

d. PAY POLICY FOR SENIOR STAFF

The remuneration for senior personnel are approved by Trustees. Decisions about appropriate pay scales are based upon similar positions in comparable organisations of a similar size and the charity's income levels. Pay rates are reviewed annually by the Trustees.

e. ORGANISATIONAL STRUCTURE AND DECISION MAKING

KLS has a Council currently consisting of 10 Trustees and the Synagogue’s rabbi who meet monthly and are responsible for the strategic direction and policy of the charity. We also operate a system of subgroups which focus upon specific areas of the organisation and report back to the Council. These include risk management, finance, safeguarding, policy review and strategy. Individual trustees take the lead on most aspects of the Synagogue’s activities including finance, education, membership and social action.

In addition, the Chair and Deputy Chair (now both co-Chairs) meet with the rabbi twice each month to discuss operational issues and setting the agenda for the Council meeting.

f. RELATED PARTY RELATIONSHIPS

There were no related party transactions or balances relevant to the accounting period.

g. RISK MANAGEMENT

The Trustees are aware of their responsibilities to conduct a thorough risk assessment of the charity’s activities and have developed a suitable risk management policy. A risk management group oversees maintenance and regular review of a risk register, assessing mitigating actions to keep risks within Council’s risk appetite, and reporting these to the Council for approval.

3

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Disclosure and Barring Service ("DBS") checks are carried out on staff, volunteers and Trustees who work with children or other vulnerable groups under our care as the Synagogue is required to check. Safeguarding policy and procedures are regularly reviewed by the safeguarding committee. Trustees receive appropriate safeguarding training.

We have a register of safeguarding disclosures.

We also have a Declaration of Interests record which is kept updated.

ACHIEVEMENT AND PERFORMANCE

2022 was a very busy year as we reintroduced activities that had been impacted by covid restrictions in 2020 and 2021 and played catch-up from not being able to invest in the premises. The Synagogue’s key achievements during the year are summarised below.

Education

Religious activities

4

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Wider community

Social and cultural activities

5

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

Membership

Marketing

Premises and infrastructure

FINANCIAL REVIEW

During the year the income for the charity was £209,878 (2021: 178,237) while the expenditure was £228,410 (2021: 176,882). The total fund balance reduced to £354,621 (2021: 378,701) and comprised unrestricted funds of £185,675 (2021: £207,245) and restricted funds of £168,946 (2021: £171,456).

a. GOING CONCERN

The trustees have considered the principal risks and uncertainties facing the charity together with its current financial position. Despite the current uncertain economic climate, the trustees believe the charity is well placed to manage its risks and that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future.

Accordingly, the trustees continue to adopt the going concern basis in preparing the annual report and financial statements.

6

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

b. RESERVES POLICY

The trustees have established a policy of holding reserves that are sufficient to enable the charity to continue in the event of necessary but unplanned expenditure. They monitor the level of free reserves as defined by the total of unrestricted fund balances less tangible fixed assets. At the balance sheet date the level of free reserves was £104,854 (2021: £125,050). The trustees consider this level together with the level of typical monthly expenditure to ensure that sufficient funds are available to cover at least six months of expenditure.

c. INVESTMENT POLICY

The Trustees have considered the most appropriate policy for investing funds that are not required in the short term and have found that specialised unit trusts or equities meet the requirements to generate both income and capital growth commensurate with an acceptable level of risk.

PUBLIC BENEFIT

The Trustees have had regard to the guidance issued by the Charity Commission concerning public benefit. They are satisfied that the information given in this report, particularly regarding the activities undertaken in conjunction with the objectives of the charity, demonstrate that the requirements to identify public benefit have been met.

PLANS FOR THE FUTURE

In 2023 and beyond, we plan to continue progressing actions and identifying new initiatives to work towards the vision Council agreed at its Away Day in 2022:

We also plan to

7

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022

STATEMENT OF THE TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the charity’s constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Trustees on ___________and signed on their behalf by:

Craig Simmons co-Chair

Rebecca Singerman-Knight co-Chair

8

KINGSTON LIBERAL SYNAGOGUE

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF KINGSTON LIBERAL SYNAGOGUE (the ‘charity’ )

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022.

Responsibilities and basis of report

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (‘the Charities Act’) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commission. 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

Jason Foxwell independent-examiner.net

39 Enfield Road Poole BH15 3LJ

Date: ______

9

KINGSTON LIBERAL SYNAGOGUE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Income from:
Charitable activities:
Donations, gifts and legacies
3
Subscriptions
4
Investment income
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net (loss)/gain on investments
Net (expenditure)/income for
the year
Transfer between funds
15
Net movement in funds
Reconciliation of funds:
Funds brought forward
Funds carried forward		 Unrestricted
Funds
Restricted
Funds
Total 2022 Total 2021
(restated)
£
£
£
£
20,640
47,425
68,065
53,549
103,787
-
103,787
102,622
902
-
902
229
37,124
-
37,124
21,837
162,453
47,425
209,878
178,237
184,023
44,387
228,410
176,882
184,023
44,387
228,410
176,882
-
(5,548)
(5,548)
3,014
(21,570)
(2,510)
(24,080)
4,369
-
-
-
-
(21,570)
(2,510)
(24,080)
4,369
207,245
171,456
378,701
374,332
185,675
168,946
354,621
378,701

All activities derive from continuing operations.

The notes set out on pages 12 to 23 form an integral part of these accounts.

10

KINGSTON LIBERAL SYNAGOGUE

BALANCE SHEET

AS AT 31 DECEMBER 2022

_______
Notes
FIXED ASSETS
Tangible fxed assets
10
CURRENT ASSETS
Stocks
11
Debtors
12
Investments
13
Cash at bank and in hand
CREDITORS: amounts falling due
within one year
14
NET CURRENT ASSETS
NET ASSETS
THE FUNDS OF THE CHARITY
Restricted funds
15
Unrestricted funds
15
TOTAL FUNDS		 _________
2022
2021
£
£
£
£
80,821
82,195
3,941
6,159
45,588
71,800
29,460
35,008
217,540
208,838
296,529
321,805
(22,729)
(25,299)
273,800
296,506
354,621
378,701
168,946
171,456
185,675
207,245
354,621
378,701		 _________
2022
2021
£
£
£
£
80,821
82,195
3,941
6,159
45,588
71,800
29,460
35,008
217,540
208,838
296,529
321,805
(22,729)
(25,299)
273,800
296,506
354,621
378,701
168,946
171,456
185,675
207,245
354,621
378,701
378,701
171,456
207,245
378,701

Approved by the trustees on __________ .

Craig Simmons Rebecca Singerman-Knight co-Chair co-Chair

The notes set out on pages 12 to 23 form an integral part of these accounts.

11

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1 Accounting policies

Basis of preparation and accounting convention

The financial statements have been prepared in accordance with 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) (issued on 16 July 2014), as amended by Update Bulletin 2 published in October 2018, effective for accounting periods beginning on or after 1 January 2019 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). This has been done to accord with current best practice.

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Donated goods, facilities and services

Donated professional services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity is probable and that economic benefit can be measured reliably. There were no such donations during the year in question. In accordance with the Charities SORP (FRS 102), the general volunteer time of trustees and volunteers is not recognised with any monetary value.

Fund accounting

12

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. These include office costs, finance, personnel, payroll and governance costs which support the charity's charitable activities.

Tangible fixed assets

Tangible fixed assets are written off over the expected useful life of the asset, on a straight-line basis at rates of between 2% and 25% per annum. Individual items costing less than £1,000 are not treated as fixed assets.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

All liabilities are recognised as at the end of the financial year.

Financial instruments including cash and bank balances

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

13

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

3 Donations, gifts and legacies

General donations
Kol Nidrei appeal (note 3a)
Gift aid on Kol Nidrei appeal (note 3a)
Gift aid on general donations
Eastern Europe fund
Henry Rollin fund
Morris Hornfeld fund
Garden fund		 Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
13,275
-
13,275
25,300
3,544
10,756
14,300
15,985
1,154
2,308
3,462
2,781
2,667
-
2,667
(9,382)
-
1,959
1,959
1,013
-
625
625
-
-
-
-
193
-
-
-
125
-
81
81
100
-
2,270
2,270
2,075
-
2,500
2,500
2,844
-
25,934
25,934
12,515
-
992
992
-
20,640
47,425
68,065
53,549
27,421
26,128
53,549
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
5,921
-
5,921
11,503
-
11,841
11,841
7,263
(1,223)
1,223
-
-
Tree of Life fund
Board of Deputies charity fund
Rabbi's discretionary fund
Funeral reserve fund
Leo Baeck College fund
Total 2021
3a Kol Nidrei appeal
For KLS general purposes
For nominated external charities
Allocation adjustment for prior years
Total 2021
4,698
13,064
17,762
18,766
11,503
7,263
18,766

14

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

4 Subscriptions

Subscriptions receivable
Gift aid on subscriptions
Total 2021
5
Investment income
Interest on bank accounts
Total 2021
6
Other income
Nursery and other venue hire charges
Shop
Social events
Communal Seder (note 6a)
100 Club
High Holy Day non-member tickets
Rabbinic fees charged to non-members
Miscellaneous income
Total 2021		 Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
85,422
-
85,422
81,924
18,365
-
18,365
20,698
103,787
-
103,787
102,622
102,622
-
102,622
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
902
-
902
229
902
-
902
229
228
1
229
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
34,780
-
34,780
23,399
(3,683)
-
(3,683)
(3,187)
1,730
-
1,730
376
1,119
-
1,119
30
318
-
318
654
1,040
-
1,040
-
1,620
-
1,620
-
200
-
200
565
37,124
-
37,124
21,837
21,837
-
21,837

15

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

6a Communal Seder
Seder direct fundraising
Seder expenses
Total 2021
7 Expenditure on charitable activities
Rabbinic salary
Other rabbinic costs (note 7a)
Religion school salaries
Religion school expenses
Service expenses
Music costs
Funeral costs (note 7b)
Liberal Judaism affliation fees
Administrative expenses (note 7c)
Other direct charitable expenditure
7a Other rabbinic costs
Social security costs
Pension contributions
Rabbi's health insurance
Rabbi's travel and subsistence expenses
Expenditure on rabbi's discretionary fund
Second rabbi costs		 Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
1,586
-
1,586
30
(467)
-
(467)
-
1,119
-
1,119
30
30
-
30
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
58,106
-
58,106
53,371
16,017
845
16,862
8,943
3,755
-
3,755
3,900
106
-
106
190
1,130
-
1,130
460
6,353
-
6,353
5,677
-
25,434
25,434
12,198
21,595
-
21,595
20,427
76,961
-
76,961
64,802
-
18,108
18,108
6,914
184,023
44,387
228,410
176,882
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
1,984
-
1,984
(2,644)
7,624
-
7,624
5,192
1,895
-
1,895
1,452
3,714
-
3,714
3,295

-
845
845
1,524
800
-
800
124
16,017
845
16,862
8,943

16

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

7b Funeral costs
Total cost of funeral expenses
Additional non scheme expenses
recovered from members
Funeral costs for non scheme members
7c Administrative expenditure
Administration staff costs
Caretaking, cleaning and refuse collection
Electricity and water
Telephone
Insurance
Printing, postage and stationery
Website
Depreciation
Property repairs and maintenance
Gardening
Sundries
Subscriptions
Accountancy and bookkeeping fees
Independent examination fee
Bank and payment collection charges
Library
Legal fees		 Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
-
26,924
26,924
12,198
-
(3,990)
(3,990)
-
-
2,500
2,500
-
-
25,434
25,434
12,198
Unrestricted
funds
Restricted
funds Total 2022 Total 2021
£
£
£
£
18,575
-
18,575
17,076

4,975
-
4,975
4,731
10,918
-
10,918
9,123
2,186
-
2,186
1,126
7,693
-
7,693
6,897
2,424
-
2,424
2,523
300
-
300
369
1,374
-
1,374
5,583
9,182
-
9,182
6,798
401
-
401
-
5,979
-
5,979
159
803
-
803
633
8,145
-
8,145
8,218
800
-
800
775
749
-
749
764
-
-
-
27
2,457
-
2,457
-
76,961
-
76,961
64,802

17

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

8 Salary and staff costs

Gross salaries
Employer's NI and health insurance costs
Employer's pension contributions
Staff headcount
Rabbinic staff
Religion school staff
Administration staff		 2022
2021
£
£
78,944
73,095
5,046
(228)
7,949
5,480
91,939
78,347
2022
2021
1
1
2
2
1
1
4
4

The charity considers its key management personnel to be the Rabbi and the trustees who are executive officers on Council. Of these only the Rabbi is paid; all trustees work on a voluntary basis. The total employment benefits including employer pension and employer healthcare contributions of the key management personnel amounted to £67,625 (2021: £60,015). The number of employees with employee benefits in excess of £60,000 was 1 (2021: 1).

9 Independent examiner’s remuneration

Independent examiner’s remuneration
2022 2021
£ £
Examiner's fee 800 775

18

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

10 Tangible fixed assets

Tangible fxed assets
Cost
At 1st January 2022
At 31st December 2022
Depreciation
At 1st January 2022
Provided during the year
At 31st December 2022
Net book value
At 31st December 2022
At 1st January 2022		 Freehold
property
Religious
regalia
Fixtures &
fttings
Electronic
equipment
Total
£
£
£
£
£
94,263
11,694
54,816
14,424
175,197
94,263
11,694
54,816
14,424
175,197
12,837
11,694
54,816
13,655
93,002
605
-
-
769
1,374
13,442
11,694
54,816
14,424
94,376
-
80,821
-
-
-
80,821
81,426
-
-
769
82,195

Included in freehold property is freehold land at a cost of £64,000 which is not depreciated.

11 Stocks

Gift shop
Prayer books for resale
12 Debtors
Trade debtors
Prepayments
Other debtors
Accrued subscriptions income		 2022
2021
£
£
3,033
1,513
908
4,646
3,941
6,159
2022
2021
£
£
9,056
14,745
-
2,500
28,197
54,555
8,335
-
45,588
71,800

19

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Other debtors included £25,708 (2021: £54,555) in respect of gift aid recoverable.

13 Investment - current assets

Market value as at 1st January 2022
(Loss)/gain in the year
Market value as at 31st December 2022
Investments at market value comprised:
UK bonds and equities
Historical costs as at 31 December 2022
All investments are listed UK securities.
Creditors: amounts falling due within one year
Taxation and social security
Accruals and deferred income
Wages and other creditors		 2022
2021
£
£
35,008
31,994
(5,548)
3,014
29,460
35,008
29,460
35,008
21,700
21,700
2022
2021
£
£
2,416
2,936
15,347
19,049
4,966
3,314
22,729
25,299

14 Creditors: amounts falling due within one year

20

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

15 Fund analysis - current year Balance
1st Jan
2022		 Income Expenses Investment
Gain/(Loss)		 Balance
31st Dec
2022
£ £ £ £ £
Unrestricted legacy fund 16,000 - - - 16,000
Unrestricted general fund 191,245 162,453 (184,023) - 169,675
Total unrestricted funds 207,245 162,453 (184,023) - 185,675
Restricted funds:
Alison Morland fund 6,690 - - 15 6,705
Kader Memorial fund 3,962 - - 9 3,971
Liselotte Hirschfeld fund 24,356 - - (5,572) 18,784
KLS charity fund 1,140 - - - 1,140
Rabbi’s discretionary fund 16,141 2,500 (845) - 17,796
Funeral reserve 42,243 25,934 (25,434) - 42,743
Eastern Europe fund 13,750 1,959 (10,513) - 5,196
Scroll repair fund 202 - - - 202
Building appeal fund 211 - - - 211
High Holy Day appeal fund 10,284 13,064 (2,421) - 20,927
Doroteinu fund 512 - - - 512
National Holocaust Memorial fund 669 - - - 669
Pam Fletcher Jones fund 197 - - - 197
Mavis Robinson fund 4,046 - - - 4,046
Morris Hornfeld fower fund 313 - (20) - 293
Henry Rollin fund 221 625 (500) - 346
Tree of Life fund 1,180 81 (10) - 1,251
Religion School fund 951 - - - 951
Czech Scroll fund 6,250 - - - 6,250
Mosaic fund 1,166 - - - 1,166
Library fund 3,204 - - - 3,204
Garden fund 1,224 - - - 1,224
Security fund 250 - - - 250
Synagogue fund 11,161 - (1,382) - 9,779
KLS development fund 16,883 - - - 16,883
Building fund 1,250 - - - 1,250
Board of Deputies fund - 2,270 (2,270) - -
Leo Baeck College fund - 992 (992) - -
Restricted legacy fund 3,000 - - - 3,000
Total restricted funds 171,456 47,425 (44,387) (5,548) 168,946
Total funds 378,701 209,878 (228,410) (5,548) 354,621

21

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Fund analysis - prior year
Unrestricted legacy fund
Unrestricted general fund
Total unrestricted funds
Restricted funds:
Alison Morland fund
Kader Memorial fund
Liselotte Hirschfeld fund
KLS charity fund
Rabbi’s discretionary fund
Funeral reserve
Eastern Europe fund
Scroll repair fund
Building appeal fund
High Holy Day appeal fund
Doroteinu fund
National Holocaust Memorial fund
Pam Fletcher Jones fund
Mavis Robinson fund
Morris Hornfeld fower fund
Henry Rollin fund
Tree of Life fund
Religion School fund
Czech Scroll fund
Mosaic fund
Library fund
Garden fund
Security fund
Synagogue fund
KLS development fund
Building fund
Board of Deputies fund
Restricted legacy fund
Total restricted funds
Total funds		 Balance
1st Jan
2021
Income ExpensesInvestment
Gain/(Loss)
Balance
31st Dec
2021
£
£
£
£
£
16,000
-
-
-
16,000
195,383
152,108 (156,246)
-
191,245
211,383
152,108(156,246)
-
207,245
6,406
-
-
284
6,690
2,497
-
-
1,465
3,962
23,091
-
-
1,265
24,356
1,140
-
-
-
1,140
14,821
2,844
(1,524)
-
16,141
41,926
12,515
(12,198)
-
42,243
12,737
1,013
-
-
13,750
202
-
-
-
202
211
-
-
-
211
7,681
7,263
(4,660)
-
10,284
512
-
-
-
512
669
-
-
-
669
197
-
-
-
197
4,046
-
-
-
4,046
120
193
-
-
313
221
-
-
-
221
1,092
100
(12)
-
1,180
951
-
-
-
951
6,250
-
-
-
6,250
1,166
-
-
-
1,166
3,204
-
-
-
3,204
1,265
125
(166)
-
1,224
250
-
-
-
250
11,161
-
-
-
11,161
16,883
-
-
-
16,883
1,250
-
-
-
1,250
-
2,076
(2,076)
-
-
3,000
-
-
-
3,000
162,949
26,129
(20,636)
3,014
171,456
374,332
178,237(176,882)
3,014
378,701

22

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

16 Net assets by funds
At 31st December 2022
Tangible fxed assets
Current assets
Creditors due within one year
Net assets
Prior year
At 31st December 2021
Tangible fxed assets
Current assets
Creditors due within one year
Net assets		 Unrestricted
Restricted
2022 Total
£
£
£
80,821
-
80,821
127,583
168,946
296,529
(22,729)
-
(22,729)
185,675
168,946
354,621
Unrestricted
Restricted
2021 Total
£
£
£
82,195
-
82,195
150,349
171,456
321,805
(25,299)
-
(25,299)
207,245
171,456
378,701

17 Related party transactions

There were no related parties.

23