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2024-12-31-accounts

KINGSTON LIBERAL SYNAGOGUE

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Charity No: 270792

KINGSTON LIBERAL SYNAGOGUE

Contents


Page
Legal and Administrative Information 1
Report of the Trustees 2 - 9
Report of the Independent Examiner 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 - 25

KINGSTON LIBERAL SYNAGOGUE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024


Trustees from 1 January 2024 to the date of this report

Chair: Craig Simmons (co-Chair until 11 May 2025) Rebecca Singerman-Knight (co-Chair until 11 May 2025) Steve Farrer (Chair from 11 May 2025) Deputy Chair: Sara Alston (trustee from 2 December 2024, Deputy Chair from 11 May 2025) Secretary: Louisa Michelson (until 12 May 2024) Tina Higgins (from 11 May 2025) Treasurer: Philip Hyman Others: Philip Lyons (until 19 April 2025) Brian Plaskow Nicola Claire (until 6 April 2025) Barbara Richards Robyn Harris (from 12 May 2024) Alexander Heinz (from 12 May 2024) Shimon Morad (from 12 May 2024) Joshua Wuggenig (from 7 April 2025) Emily Zinkin (from 11 May 2025) Ray Stone (from 8 June 2025) Charity registered number 270792 Principal Office Rushett Road Long Ditton Surrey KT7 0UX Independent Examiner Jason Foxwell independent-examiner.net 12 Hillbourne Road Poole Dorset BH17 7JB 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 2024


The Trustees are pleased to present their report together with the financial statements of the charity for the year ended 31 December 2024. 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

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, 5 September 2021, and 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 15 Trustees. Trustees hold office for a term of two years, after which they may seek re-election. The Chair or co-Chairs are 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 2024


c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

Prior to nomination, the Chair or one of the co-Chairs 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 is 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 12 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 co-Chairs met 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 2024


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

2024 was another very busy year. 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 2024


Wider community

5

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024


Social and cultural activities

Membership

6

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024


Care

Marketing

Premises and infrastructure

Staffing

FINANCIAL REVIEW

During the year the income for the charity was £307,600 (2023: £265,901) while the expenditure was £240,996 (2023: £236,831). The total fund balance increased to £453,493 (2023: £385,340) and comprised unrestricted funds of £217,412 (2023: £198,723) and restricted funds of £236,081 (2023: £186,617).

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.

7

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024


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 £123,430 (2023: £102,449). 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 2025 and beyond, we plan to continue progressing actions and identifying new initiatives to work towards the vision Council agreed in 2022:

We also plan to

8

KINGSTON LIBERAL SYNAGOGUE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024


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 28 July 2025 and signed on their behalf by:

Steve Farrer Chair

9

KINGSTON LIBERAL SYNAGOGUE

INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024


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 2024.

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 view’ 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 FCCA FCIE

independent-examiner.net 12 Hillbourne Road Poole BH17 7JB

Date: 30 July 2025

10

KINGSTON LIBERAL SYNAGOGUE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024


Notes
Income from:
Charitable activities:
Donations, grants and legacies
3
Subscriptions
4
Investment income
5
Other income
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net gains on investments
Net 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 2024 Total 2023
£
£
£
£
25,153
80,186
105,339
78,450
122,679
-
122,679
118,387
3,632
7,777
11,409
7,656
68,173
-
68,173
61,408
219,637
87,963
307,600
265,901
200,948
40,048
240,996
236,831
200,948
40,048
240,996
236,831
-
1,549
1,549
1,649
18,689
49,464
68,153
30,719
-
-
-
-
18,689
49,464
68,153
30,719
198,723
186,617
385,340
354,621
217,412
236,081
453,493
385,340

All activities derive from continuing operations.

The notes set out on pages 13 to 25 form an integral part of these accounts.

11

KINGSTON LIBERAL SYNAGOGUE

BALANCE SHEET AS AT 31 DECEMBER 2024


Notes
FIXED ASSETS
Tangible fixed 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
2024
2023
£
£
£
£
93,982
96,274
3,056
3,265
119,686
83,553
14,428
12,879
241,348
223,461
378,518
323,158
(19,007)
(34,092)
359,511
289,066
453,493
385,340
236,081
186,617
217,412
198,723
453,493
385,340
2024
2023
£
£
£
£
93,982
96,274
3,056
3,265
119,686
83,553
14,428
12,879
241,348
223,461
378,518
323,158
(19,007)
(34,092)
359,511
289,066
453,493
385,340
236,081
186,617
217,412
198,723
453,493
385,340
378,518
(19,007)
385,340
186,617
198,723
385,340

Approved by the trustees on 28 July 2025 and signed on their behalf by:

Steve Farrer Philip Hyman Chair Treasurer

The notes set out on pages 13 to 25 form an integral part of these accounts.

12

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


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

13

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


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.

14

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


3 Donations, grants and legacies

General donations
Gift aid on general donations
Donations from school and club visits
Kol Nidrei appeal (note 3a)
Gift aid on Kol Nidrei appeal (note 3a)
Mosaic fund
Garden fund
Tree of Life fund
Board of Deputies fund
Rabbi's discretionary fund
Synagogue fund
KLS Charity fund
Scroll recovering fund
Funeral reserve fund
Leo Baeck College fund
National Holocaust Memorial fund
Solar energy fund
Security fund
Total 2023
3a Kol Nidrei Appeal
For KLS general purposes
For nominated external charities
Total 2023
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
14,736
-
14,736
2,966
-
2,966
1,062
-
1,062
5,151
9,473
14,624
1,238
2,268
3,506
-
-
-
-
-
-
-
1,006
1,006
-
2,407
2,407
-
2,500
2,500
-
35,013
35,013
-
809
809
-
-
-
-
16,256
16,256
-
1,049
1,049
-
63
63
-
1,500
1,500
-
7,842
7,842
Total 2023
£
14,426
2,098
690
15,321
3,419
150
25
(12)
2,388
280
21,250
825
1,250
15,296
1,044
-
-
-
25,153
80,186
105,339
78,450

Total 2023
£
6,101
12,639
23,315
55,135
78,450
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
6,389
-
6,389
-
11,741
11,741
6,389
11,741
18,130
18,740
6,101
12,639
18,740

15

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


4 Subscriptions

Subscriptions
Subscriptions receivable
Gift aid on subscriptions
Total 2023
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
100,667
-
100,667
22,012
-
22,012
Total 2023
£
95,530
22,857
122,679
-
122,679
118,387
118,387
-
118,387

5 Investment income

Investment income
Interest on bank accounts
Total 2023
Other income
Nursery and other venue hire charge
Shop
Social events
Communal Seder (note 6a)
100 Club
High Holiday non-member tickets
Rabbinic fees charged to non-members
Miscellaneous income
Total 2023
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
3,632
7,777
11,409
Total 2023
£
7,656

Total 2023
£
54,522
683
1,746
887
618
965
1,187
800
3,561
4,095
7,656
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
63,200
-
63,200
368
-
368
944
-
944
959
-
959
760
-
760
785
-
785
620
-
620
537
-
537
68,173
-
68,173
61,408
61,408
-
61,408

6 Other income

16

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


6a Communal Seder
Seder direct fundraising
Seder expenses
Total 2023
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 affiliation fees
Board of Deputies representative fees
Administrative expenses (note 7c)
Other direct charitable expenditure
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
1,270
-
1,270
(311)
-
(311)
Unrestricted
funds
Restricted
funds Total 2024
£
£
£
1,270
-
1,270
(311)
-
(311)
Total 2023
£
1,160
(273)
959
-
959
887
887
-
887
200,948
40,048
240,996
236,831

17

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


7a Other rabbinic costs
Social security costs
Pension scheme contributions
Rabbi's travel and subsistence expenses
Unrestricted
funds
Restricted
funds Total 2024 Total 2023
£
£
£
£
2,566
-
2,566
3,126
4,437
-
4,437
6,534
1,737
-
1,737
2,310
-
1,524
1,524
6,478
8,445
-
8,445
463
Expenditure on rabbi's discretionary fund
Second rabbi costs
17,185
1,524
18,709
18,911
7b Funeral costs
Total cost of funeral expenses
Additional non scheme costs recovered
from members
Unrestricted
funds
Restricted
funds Total 2024 Total 2023
£
£
£
£
-
14,901
14,901
13,370
-
(1,585)
(1,585)
(405)
-
13,316
13,316
12,965
7c Administrative expenditure
Unrestricted
Restricted
funds funds Total 2024 Total 2023
£ £ £ £
Administration staff costs 20,394 - 20,394 19,746
Electricity and water 21,542 - 21,542 17,898
Telephone 1,504 - 1,504 1,262
Caretaking, cleaning and refuse collection 6,764 - 6,764 6,137
Property repairs and maintenance 10,633 - 10,633 8,971
Gardening expenses 1,236 - 1,236 143
Security guarding costs 563 - 563 -
Accountancy and bookkeeping fees 11,759 - 11,759 13,185
Independent examination fee 750 - 750 700
Legal and professional fees 1,750 - 1,750 1,859
Bank charges and payment collection fees 587 - 587 772
Printing, postage and stationery 2,044 - 2,044 2,444

18

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Website and marketing costs 458 - 458 509 IT support and software costs 60 - 60 283 Library expenses - - - 60 Insurance 8,029 - 8,029 8,020 Subscriptions paid 495 - 495 550 Miscellaneous expenses 714 - 714 353 - Depreciation charges 2,292 2,292 1,463 91,574 - 91,574 84,355

8 Staff costs

Staff costs
Gross salaries
Social security costs
Employer's pension scheme contributions
Average number of employees
Rabbinic staff
Religion school staff
Administration staff
Total 2024 Total 2023
£
£
81,476
88,018
3,042
3,746
4,835
6,909
89,353
98,673
2024
2023
1
1
1
2
1
1
3
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, with all trustees working on a voluntary basis. Total employment costs, including employer National Insurance and pension costs of the key management personnel amounted to £64,721 (2023: £74,516).

The number of employees with employee benefits in excess of £60,000 was Nil (2023: 1).

9 Independent examiner's remuneration

Independent examination fee 2024
2023
£
£
750
750

19

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


10 Tangible fixed assets

Cost
At 1st January 2024
At 31st December 2024
Depreciation
At 1st January 2024
Provided during the year
At 31st December 2024
Net book value
At 31st December 2024
At 1st January 2024
Freehold
property
Religious
regalia
Fixtures &
fittings
Electronic
equipment
£
£
£
£
94,263
11,694
71,732
14,424

Total
£
192,113
94,263
11,694
71,732
14,424
192,113
14,063
11,694
55,658
14,424
600
-
1,692
-
95,839
2,292
14,663
11,694
57,350
14,424
98,131
79,600
-
14,382
-
93,982
80,200
-
16,074
-
96,274

Included in freehold property is freehold land at a cost of £64,000 (2023: £64,000) which is not depreciated.

11 Stocks

Gift shop
Prayer books for resale
2024
2023
£
£
2,587
2,738
469
527
3,056
3,265

20

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


12 Debtors
Trade debtors
Subscriptions due
Gift aid recoverable
Other debtors
Prepayments and accrued income
13 Investments - current assets
Market value as at 1st January 2024
Disposal proceeds in the year
Gain in the year
Market value as at 31st December 2024
Investments at market value comprised:
UK equities
All investments are listed UK securities.
14 Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Other creditors
Accruals and deferred income
2024
2023
£
£
-
8,572
752
694
67,393
55,535
1,729
2,205
49,812
16,547
119,686
83,553
2024
2023
£
£
12,879
29,460
-
(18,230)
1,549
1,649
14,428
12,879
12,428
12,879
2024
2023
£
£
2,965
9,345
2,502
3,347
4,518
10,012
9,022
11,388
19,007
34,092

21

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


15 Fund analysis - current 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
KLS High Holiday appeal fund
Doroteinu fund
National Holocaust Memorial fund
Pam Fletcher Jones fund
Mavis Robinson fund
Morris Hornfeld fund
Henry Rollin fund
Tree of Life fund
Religion School fund
Czech Scroll fund
Library fund
Garden fund
Security fund
Synagogue fund
KLS development fund
Building fund
Board of Deputies fund
Leo Baeck College fund
Scroll recovering fund
Solar energy fund
Restricted legacy fund
Total restricted funds
Total funds
Balance 1st
Jan 2024
Income
Expenses
Funds
transfer
Investment
gain/(loss)
Balance
31st Dec
2024
£
£
£
£
£
£
16,000
-
-
-
-
16,000
182,723 219,637
(200,948)
-
-
201,412
198,723 219,637
(200,948)
-
-
217,412
8,206
-
-
-
1,036
9,242
4,673
-
-
-
513
5,186
18,540
898
-
-
-
19,438
1,140
809
(1,147)
-
-
802
12,108
3,098
(1,524)
-
-
13,682
46,697
18,791
(13,316)
-
-
52,172
10,373
503
-
-
-
10,876
202
-
-
-
-
202
211
-
-
(211)
-
-
10,576
11,741
(10,576)
-
-
11,741
512
-
-
-
-
512
669
63
(261)
-
-
471
197
-
-
-
-
197
4,046
-
-
-
-
4,046
293
-
(293)
-
-
-
346
-
-
-
-
346
1,239
1,006
(469)
(1,595)
-
181
951
-
-
-
-
951
6,462
313
-
-
-
6,775
3,204
-
(870)
-
-
2,334
1,047
-
(44)
-
-
1,003
250
7,842
(8,092)
-
-
-
31,718
37,097
-
8,462
-
77,277
17,457
846
-
(18,303)
-
-
1,250
-
-
(1,250)
-
-
-
2,407
(2,407)
-
-
-
-
1,049
(1,049)
-
-
-
1,250
-
-
-
-
1,250
-
1,500
-
15,897
-
17,397
3,000
-
-
(3,000)
-
-
186,617
87,963
(40,048)
-
1,549
236,081
385,340 307,600
(240,996)
-
1,549
453,493

22

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


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
KLS High Holiday appeal fund
Doroteinu fund
National Holocaust Memorial fund
Pam Fletcher Jones fund
Mavis Robinson fund
Morris Hornfeld 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
Leo Baeck College fund
Scroll recovering fund
Restricted legacy fund
Total restricted funds
Total funds
Balance 1st
Jan 2023
Income
Expenses
Funds
transfer
Investment
gain/(loss)
Balance
31st Dec
2023
£
£
£
£
£
£
16,000
-
-
-
-
16,000
169,675 206,671
(193,623)
-
-
182,723
185,675 206,671
(193,623)
-
-
198,723
6,705
-
-
-
1,501
8,206
3,971
-
-
-
702
4,673
18,784
310
-
-
(554)
18,540
1,140
825
(825)
-
-
1,140
17,796
790
(6,478)
-
-
12,108
42,743
16,919
(12,965)
-
-
46,697
5,196
177
5,000
-
-
10,373
202
-
-
-
-
202
211
-
-
-
-
211
20,927
12,639
(22,990)
-
-
10,576
512
-
-
-
-
512
669
-
-
-
-
669
197
-
-
-
-
197
4,046
-
-
-
-
4,046
293
-
-
-
-
293
346
-
-
-
-
346
1,251
(12)
-
-
-
1,239
951
-
-
-
-
951
6,250
212
-
-
-
6,462
1,166
150
(1,316)
-
-
-
3,204
-
-
-
-
3,204
1,224
25
(202)
-
-
1,047
250
-
-
-
-
250
9,779
21,939
-
-
-
31,718
16,883
574
-
-
-
17,457
1,250
-
-
-
-
1,250
-
2,388
(2,388)
-
-
-
-
1,044
(1,044)
-
-
-
-
1,250
-
-
-
1,250
3,000
-
-
-
-
3,000
168,946
59,230
(43,208)
-
1,649
186,617
354,621 265,901
(236,831)
-
1,649
385,340

23

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


Purposes of Funds

Unrestricted funds Legacy fund General fund

For furthering KLS’s aims as the trustees may determine For the general charitable purposes of running KLS

Restricted funds Alison Morland fund For helping young people of recognised merit Kader Memorial fund For helping young people learn about Israel Liselotte Hirschfeld fund For helping any person in need KLS Charity fund For general charitable grants Rabbi's Discretionary fund For furthering KLS’s aims as the rabbi may determine Funeral reserve To meet the funeral costs of deceased members who were within the synagogue's funeral scheme Eastern Europe fund To support emergent congregations in central and eastern Europe Scroll repair fund To fund repairs to the KLS scrolls Building appeal fund To fund improvements to the KLS building High Holy Day appeal fund Funds collected annually to support external charities as nominated by members and selected by Council Doroteinu To fund speakers and other costs of events organised by our care team (KIT) National Holocaust Memorial fund To fund catering and support costs associated with the annual Holocaust Memorial Day workshops for schools Pam Fletcher Jones fund For helping children attend Liberal Judaism (LJ) spring camp Mavis Robinson fund For children to attend LJ summer camp Morris Hornfeld flower fund To provide flowers for the synagogue during the High Holy Days Henry Rollin fund For children to attend LJ summer camp Tree of Life fund To fund improvements to the sanctuary after the costs of engraving leaves on the Tree of Life artwork have been met Religion School fund For Religion School development projects Czech Scroll fund To fund repairs to scrolls loaned to KLS from the Memorial Scrolls Trust Mosaic fund To fund maintenance of and additions to mosaic artwork for permanent display at KLS Library fund For developing the KLS library Garden fund To fund permanent improvements to the KLS garden Security fund To fund improvements in security provision at KLS Synagogue fund To fund improvements and renovation work within the synagogue's sanctuary KLS development fund For projects delivering long-term value to KLS Building fund To fund repairs to the KLS building Board of Deputies fund To collect and pay out annual voluntary levies in respect of the Board of Deputies Leo Baeck College fund To collect and pay out annual voluntary levies in respect of Leo Baeck College Legacy fund For future suitable projects determined by Council Scroll recovering fund To fund the costs of recovering scrolls Solar energy fund To fund the installation and maintenance of solar panels

The fund transfers were made in connection with the two capital projects that commenced during 2024 and will complete in 2025. The sanctuary refurbishment project will be funded from the Synagogue fund and the solar panel installation costs will be partially funded from the newly created Solar energy fund.

24

KINGSTON LIBERAL SYNAGOGUE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024


16 Net assets by funds

At 31st December 2024
Tangible fxed assets
Current assets
Creditors due within one year
Net assets
Prior Year
At 31st December 2023
Tangible fxed assets
Current assets
Creditors due within one year
Net assets
Unrestricted
Restricted
2024 Total
£
£
£
93,982
-
93,982
138,953
239,565
378,518
(15,523)
(3,484)
(19,007)
217,412
236,081
453,493
Unrestricted
Restricted
2023 Total
£
£
£
96,274
-
96,274
128,700
194,458
323,158
(26,251)
(7,841)
(34,092)
198,723
186,617
385,340

17 Related party transactions

During the year, in addition to membership subscriptions, a number of trustees made donations to KLS. The aggregate of these donations, including gift aid, was £36,566.

25