| Page | |||
|---|---|---|---|
| Charity information | |||
| Trustees' Annual Report |
|||
| Independent auditor's |
report | ||
| Funds Statements:- | |||
| Statement ofFinancial | Activities | 9 | |
| Movements in funds |
10 | ||
| Balance sheet | 11 | ||
| Notes to the accounts | 13 |
| The Conjoint Board of Elders ofthe | The Conjoint Board of Elders ofthe | The Conjoint Board of Elders ofthe | Manchester | Congregations | Congregations | Congregations | ofSpanish and Portuguese | ofSpanish and Portuguese | ofSpanish and Portuguese | ofSpanish and Portuguese | Jews | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trustees' Annual Report for |
the year | ended 31 | December 2022 | ||||||||||
| The Trustees present their Report and | Accounts for the | year ended | 31 December | 2022. | |||||||||
| Reference and administrative | details | ||||||||||||
| The charity name. | |||||||||||||
| The legal name ofthe charity | is:-The Conjoint Board of | Elders ofthe Manchester | Congregations | ofSpanish | |||||||||
| and Portuguese Jews. |
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| The charity's areas operation | and UK charitable registration. |
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| The charity is registered in England 8 |
Wales with | the Charity Commission in England |
&Wales (CCEW) | with | |||||||||
| charity number 500074. | |||||||||||||
| The charity does not operate | in | any overseas jurisdictions. | |||||||||||
| Legal structure ofthe charity | |||||||||||||
| The Conjoint Board of Elders | of | the Manchester Congregations |
of | Spanish and Portuguese |
Jews | is an | |||||||
| unincorporated association. The constituent congregations are: |
|||||||||||||
| Manchester Congregation of |
Spanish | &Portuguese Jews (Sha'are |
Tefillah) Sephardi | Congregation | ofSouth | ||||||||
| Manchester (Sha'are Hayim) |
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| The Board was formed under |
a | trust deed dated 23rd November | 1913.The trust | deed has | been | revised | |||||||
| several times since formation | and the | current governing | document | ofthe Board is a trust deed dated 2nd | |||||||||
| December 2008. | |||||||||||||
| The trustees are all individuals. |
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| The principal operating address of |
the charity | is:- | |||||||||||
| Flat 3,300 Hale Road | |||||||||||||
| Hale Barns, Cheshire | |||||||||||||
| WA15 8SP | |||||||||||||
| The Trustees who served during the year and | were | in office on the date the report was approved | were:- | ||||||||||
| M Sherbourne -President 8 |
Treasurer | ||||||||||||
| R Simon - Vice President | |||||||||||||
| AJ Leon - Secretary | |||||||||||||
| Finance Committee | |||||||||||||
| M Sherbourne | |||||||||||||
| AJ Leon | |||||||||||||
| EJ Cohen | |||||||||||||
| D Wolfson | |||||||||||||
| RSimon | |||||||||||||
| V Labaton - until death 20/2/22 |
| The charity's financial position at the end ofthe year ended 31December 2022 |
The charity's financial position at the end ofthe year ended 31December 2022 |
The charity's financial position at the end ofthe year ended 31December 2022 |
|---|---|---|
| The financial position ofthe charity at'31 December 2022 and comparatives for the prior period, as more fully |
||
| detailed in the accounts, can be summarised |
as follows:- 2022 |
2021 |
| F | F | |
| Net income | 210) | (12,088) |
| Unrestricted Revenue Funds available for the |
390,259 | 390,469 |
| general purposes ofthe charity Designated Revenue Funds Total Unrestricted Funds |
50,000 440,259 |
50,000 440,469 |
| Total Funds | 440,259 | 440,469 |
| Statement ofFinancial | Activitie | s for th | e year ended 31 | December 2022 | ||
|---|---|---|---|---|---|---|
| SpRp Ref |
Current year Unrestricted Funds |
Current year Restricted Funds |
Current year Total Funds |
Prior Year Total Funds |
||
| 2022 | 2022 | 2022 | 2021 | |||
| E | ||||||
| Income &Endowments | from: | |||||
| Charitable activities |
A2 | 43,400 | 43,400 | 46,350 | ||
| Investments | A4 | 5,258 | 5,258 | 4,783 | ||
| Other | A5 | 2,189 | 2,189 | 1,680 | ||
| Total income | 50,847 | 50,847 | 52,813 | |||
| Expenditure on: |
||||||
| Charitable activities |
B2 | 51,057 | 51,057 | 64,901 | ||
| Total expenditure | 51,057 | 51,057 | 64,901 | |||
| Net income for the year | (210) | (210) | (12,088) | |||
| Net income after transfers | A-B-C | (210) | (210) | (12,088) | ||
| Net movement in funds |
(210) | (210) | (12,088) | |||
| Reconciliation offunds:- |
||||||
| Total funds brought forward | 440,469 | 440,469 | 452,557 | |||
| Total funds carried forward | 440,259 | 440,259 | 440,469 |
| applied in the y |
ear ended 31 December 2022 towards fixed assets for Charity us | e:- | |
|---|---|---|---|
| 2022 | 2021 | ||
| Funds generated | in the year as detailed in the SOFA |
(210) | (12,088) |
| Net resources | available to fund charitable activities | ~210) | ~12,088 |
| Movements in |
revenue and capital funds for the year ended 31 December 2022 |
| Unrestricted | Restricted | Total | Last year | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Total Funds | |||
| 2022f | 2022 | 2022 | 2021 | |||
| Accumulated | funds brought | forward | 440,469 | 440,469 | 452,557 | |
| Recognised | gains and losses before | (210 | 210 | 12,088 | ||
| transfers | ||||||
| 440,259 | 440,259 | 440,469 | ||||
| Closing revenue funds | 440,259 | 440,259 | 440,469 | |||
| Designated | revenue funds | included | within the unrestricted | funds above | ||
| Total | Last year | |||||
| Funds | Total Funds | |||||
| 2022 | 2021 | |||||
| At 1 January | 50,000 | 50,000 | ||||
| At 31 December | 50,000 | 50,000 |
| Summary | of funds | Unrestricted | Restricted | Total | Last Year | |
|---|---|---|---|---|---|---|
| and | Funds | Funds | Total Funds | |||
| Designated funds |
||||||
| 2022 | 2022 | 2022 | 2021 | |||
| F | ||||||
| Revenue | accumulated | funds | 390,259 | 390,259 | 390,469 | |
| Revenue | designated | funds | 50,000 | 50,000 | 50,000 | |
| Total funds | 440,259 | 440,259 | 440,469 |
| Jews - Bala | nce S | h | eet as at 31 Dece | mber | 2022 | 2022 | |||
|---|---|---|---|---|---|---|---|---|---|
| Notes | SORp Ref |
2022 | 2021 | ||||||
| Fixed assets | A | ||||||||
| Investments held as |
fixed assets | 8 | A4 | 15,850 | 15,850 | ||||
| Current assets | B | ||||||||
| Debtors | 9 | B2 | 186,174 | 179,080 | |||||
| Cash at bank | and in | hand | B4 | 287,390 | 294,729 | ||||
| Total current | assets | 473,564 | 473,809 | ||||||
| Creditors: amounts one year |
falling due within | 10 | C1 | (1,088) | (1,011) | ||||
| Net current assets | 472,476 | 472,798 | |||||||
| 488,326 | 488,648 | ||||||||
| Net assets | |||||||||
| Creditors: amounts than one year |
falling due after more | 11 | C2 | (48,067) | (48,179) | ||||
| The total net | assets | ofthe charity | 440,259 | 440,469 | |||||
| The total net | assets | ofthe charity are | funded | by the | funds ofthe | charity, as follows:- | |||
| Unrestricted | Funds | ||||||||
| Unrestricted | Revenue | Funds | 14 | D3 | 390,259 | 390,469 | |||
| 390,259 | 390,469 | ||||||||
| Designated | Funds | ||||||||
| Designated Revenue |
Funds | 14 | D3 | 50,000 | 50,000 | ||||
| 50,000 | 50,000 | ||||||||
| Total charity | funds | 440,259 | 440,469 |
| Net surp | lus be |
fore tax in the financial year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| The net | surplus | before tax in the financial year is stated after charging:- | ||
| Auditors' | remuneration | 828 | 816 |
| Current | Year | Opening | Released | Received | Deferred | |
|---|---|---|---|---|---|---|
| Deferrals | from prior | less released | at year end | |||
| years | in year | |||||
| E | F | E | E | |||
| Prepaid | funeral fees | 48,179 | (3,112) | 3,000 | 48,067 | |
| Total | 48,179 | ~(3,112 | 3,000 | 48,087 | ||
| 2022 | 2021 | |||||
| E | E | |||||
| These | deferrals are included | in creditors | 48,067 | 48,179 | ||
| Prior Year | Opening | Released | Received | Deferred | ||
| Deferrals | from prior | less released | at year end | |||
| years | in year | |||||
| E | F | E | E | |||
| Prepaid | funeral fees | 51,429 | (4,450) | 1,200 | 48,179 | |
| Total | 51,429 | (4,450) | 1,200 | 48,179 | ||
| 2021 | 2020 | |||||
| E | E | |||||
| These | deferralsareincluded | in creditors | 46,179 | 51,429 |
| Investmen | ts held as fi |
xed assets | |||
|---|---|---|---|---|---|
| Other | |||||
| Classes of | Total | ||||
| investment | |||||
| Carrying | values ofinvestments | ||||
| At 1 January 2022 | 15,850 | 15,850 | |||
| At 31 December 2022 | 15,850 | 15,850 | |||
| Analysis | between fair | value and historical | cost | ||
| Analysis | of Other Classes of Investment | Included at fair value |
Total | ||
| E | E | ||||
| Other investments | |||||
| At 1 January 2022 | 15,850 | 15,850 | |||
| At 31December 2022 | 15,850 | 15,850 | |||
| Summary | ofother classes of investments | at 31 December 2022 | |||
| Other investments | 15,850 | 15,850 |
| 9 | Debtors | ||||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | 8 | ||||||
| Trade debtors | 16,775 | 7,700 | |||||
| Prepayments | and accrued income | 169,399 | 171,380 | ||||
| 186,174 | 179,080 | ||||||
| 10 | Creditors: amounts | falling due within one | year | 2022f | 2021 F. |
||
| Accruals | 1,088 | 1,011 | |||||
| 1,088 | 1,011 | ||||||
| 11 | Creditors: amounts | falling due after one year | 2022 | 2021 | |||
| E | |||||||
| Deferred Income - Unrestricted | &designated | funds | 48,067 | 48,179 | |||
| 48,067 | 48,179 |
| At 31 December 2022 | At 31 December 2022 | Unrestricted | Designated | Restricted | Total |
|---|---|---|---|---|---|
| funds | funds | funds | Funds | ||
| R | F. | ||||
| Investments at valuation:- |
|||||
| Fixed | asset investments | 15,850 | 15,850 | ||
| Current | Assets | 423,564 | 50,000 | 473,564 | |
| Current | Liabilities | (1,088) | (1,088) | ||
| Long Term Liabilities | (48,067) | (48,067) | |||
| 390,259 | 50,000 | 440,259 | |||
| At 1 January 2022 |
Unrestricted | Designated | Restncted | Total | |
| funds | funds | funds | Funds | ||
| 8 | F | F. | |||
| Investments at valuation:- |
|||||
| Fixed | asset investments | 15,850 | 15,850 | ||
| Current | Assets | 423,809 | 50,000 | 473,809 | |
| Current | Liabilities | (1,011) | (1,011) | ||
| Long Term Liabilities | (48,179) | (48,179) | |||
| 390,469 | 50,000 | 440,469 |
| 14 | Change in |
total funds | total funds | total funds | over the | over the | year as shown | year as shown | in Note 13,analysed by |
in Note 13,analysed by |
individual funds |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Movement in |
Transfers | Funds | |||||||||||
| brought | funds in |
between | carried | |||||||||||
| forward from | 2022 | funds | in | forward to | ||||||||||
| 2021 | 2022 | 2023 | ||||||||||||
| See Note 15 | See Note | 16 | ||||||||||||
| E | F | |||||||||||||
| Unrestricted | and designated | funds:- | ||||||||||||
| Unrestricted | Revenue | Funds | 390,469 | 2,327 | (2,537) | 390,259 | ||||||||
| Designated | Revenue | Funds | 50,000 | (2,537) | 2,537 | 50,000 | ||||||||
| Total unrestricted and |
designated funds |
440,469 | ~210 | 440,259 | ||||||||||
| Total charity | funds | 440,469 | ~210) | 440,259 | ||||||||||
| 15 | Analysis of |
movements | in funds over the year | as shown | in Note 14 | |||||||||
| Other | ||||||||||||||
| Income | Expenditure | Gains | 8 | Movement | ||||||||||
| Losses | in funds | |||||||||||||
| 2022 | 2022f | 2022 | ||||||||||||
| Unrestricted Unrestricted |
and designated Revenue Funds |
funds:- | 50,435 | (48,108) | 2,327 | |||||||||
| Designated | Revenue | Funds | 412 50,647 |
(2,949) ~51057, |
(2,537) 210) |
|||||||||
| 16 | Details oftransfers | between | funds | in the year as shown | in Note 14 | |||||||||
| The transfers shown | in note | f4 above are:- | 2022 | |||||||||||
| R | ||||||||||||||
| To/(from) To/(from) |
Unrestricted Designated |
Revenue Revenue |
Funds Funds |
(2,537) 2,537 |
| 18 | Income from charitable activities - |
Income from charitable activities - |
Income from charitable activities - |
Income from charitable activities - |
Trading Activities | ||||
|---|---|---|---|---|---|---|---|---|---|
| Current year | Current year Unrestricted |
Current year Restricted |
Current year Total Funds |
Prior Year Total funds |
|||||
| Funds | Funds | ||||||||
| 2022 | 2022 | 2022 | 2021 | ||||||
| 6 | 6 | 6 | |||||||
| Primary purpose Funeral Fees |
and ancillary | trading | 43,400 | 43,400 | 46,350 | ||||
| Total Primary | purpose and ancillary | trading | 43,400 | 43,400 | 46,350 | ||||
| All the income | in | the prior year | was unrestricted | ||||||
| 19 | Total Income | from charitable | activities |
| Total Income | from ch | aritab | le acti |
vities | |||||
|---|---|---|---|---|---|---|---|---|---|
| Current year | Current year | Current year | Prior Year | ||||||
| Current year | Unrestricted Funds 2022f |
Restricted Funds 2022 F |
Total Funds 2022 6 |
T t F o al unds 2021 E |
|||||
| Total income | from charitable | trading | 43,400 | 43400 | 46 350 | ||||
| Total from charitable | activities | A2 | 43,400 | 43,400 | 46,350 | ||||
| All the income | in the prior year was | unrestricted | |||||||
| Investment income |
Current year | Current year | Current year | Prior Year | |||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||||||
| Funds | Funds | ||||||||
| 2022 | 2022 | 2022 | 2021 | ||||||
| F. | E | 6 | |||||||
| Dividend Income Bank Interest Receivable |
1,585 3,673 |
1,585 3,673 |
1,585 3,198 |
||||||
| Ttlinvest | ent inc |
me | A4 | 5258 | 5258 | 4,783 |
| Current year | Current year | Current year | Prior Year |
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds |
| Funds | Funds | ||
| 2022 | 2022 | 2022 | 2021 |
| F. | 6 | ||
| 2,189 | 2,189 | 1,680 | |
| 2189 | 2,189 | 1,680 |
| Expenditure on charita |
ble activitie |
s - Direct spend | ing | |||
|---|---|---|---|---|---|---|
| Current year | Current year | Current year | Prior Year | |||
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Current Year | Funds | Funds | ||||
| 2022 | 2022 | 2022 | 2021 | |||
| E | E | E | E | |||
| Funeral expenses Prepaid funeral expenses released Cemetery maintenance - Urmston Cemetery maintenance -Southern Other expenses Insurance |
13,350 3,531 2,300 649 200 552 |
13,350 3,531 2,300 649 200 552 |
12,250 3,804 2,260 533 67 551 |
|||
| Prepaid funeral plot provision |
(353) | (353) | (380) | |||
| Prepaid funeral plot restatement |
||||||
| Total direct spending | B2a | 20,229 | 20,229 | 19,085 |
| Expenditure o |
n ch | aritable a |
ctivities- Grant funding | ofactivities | |||
|---|---|---|---|---|---|---|---|
| Current year | Current year | Current year | Prior Year | ||||
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Current Year | Funds | Funds | |||||
| 2022 | 2022 | 2022 | 2021 | ||||
| E | E | E | E | ||||
| Grants made to organisaiions | 30,000 | 30,000 | 45,000 | ||||
| Total grantmaking | costs | B2c | 30,000 | 30,000 | 45,000 | ||
| Breakdown ofGrants made | to organisations | ||||||
| Current year | Current year | Current year | |||||
| Unrestricted | Restricted | Total Funds | |||||
| Current Year | Funds | Funds | |||||
| 2022 | 2022 | 2022 | |||||
| E | E | E | |||||
| The Sephardi | Congregation | ofSouth | 30,000 | 30,000 | |||
| Manchester | |||||||
| 30,000 | 30,000 | ||||||
| Breakdown ofGrants made to organisations | Prior Year | Prior Year | Prior Year | ||||
| Unrestricted | Restricted | Total Funds | |||||
| Prior Year | Funds | Funds | |||||
| 2021 | 2021 | 2021 | |||||
| E | E | E | |||||
| The Sephardi | Congregation | ofSouth | 45,000 | 45,000 | |||
| Manchester | |||||||
| 45,000 | 45,000 |
| Current Year | Current year Unrestricted Funds |
Current year Restricted Funds |
Current year Total Funds |
Prior Year Total Funds |
|||
|---|---|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | ||||
| F. | E | ||||||
| Auditor's fees | 828 | 828 | 816 | ||||
| Total Governance costs | 828 | 828 | 816 | ||||
| 25 | Total Charitable | expenditure | |||||
| Current Year | Current year Unrestricted Funds |
Current year Restricted Funds |
Current year Total Funds |
Prior Year Total Funds |
|||
| 2022 | 2022 | 2022 | 2021 | ||||
| 8 | E | E | E | ||||
| Total direct spending Total grantmaking costs Total Governance costs |
B2a B2c B2e |
20,229 30,000 828 |
20,229 30,000 828 |
19,085 45,000 816 |
|||
| Total charitable | expenditure | B2 | 51,057 | 51,057 | 64,901 |