Charity registration number 500074 {England and Wales)
THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
AJLeon
R Simon
M Sherbourne
Charlty number (England and Wales)
500074
Principal address
Flal 3
300 Hale Road
Hale Barns
Cheshire
WA15 8SP
Independent examiner
Royce Peeling Green Limited
The Copper Room
Deva City Office Park
TTinity Way
Manchester
M3 7BG

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
6-11

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial slalements for the year ended 31 December 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's governing document. the Charities Act 2011, FRS 102 "The
Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounling
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 IFRS 102)"
Objectives and activities
The principal activities and objectives of the charity are the operation of a burial board for The Manchester
Congregations of Spanish and Portuguese Jews and the distribution of surplus investment income to other charities.
The Iruslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
The charity organised ten funerals in the year.
The cemetery at Urmston, which is owned by the charity, continued to bè maintained.
Financlal review
The results for the year are sel oul on page 4 and additional notes are provided showing income and expenditure in
greater detail.
Results
Al the end of the financial year, the charity has assets of £498,26812023.' £496,132) and liabilities of £42,647 {2023'.
54,295). The nel assets of Ihe charity have increased by £13,784.
Reserves policy
The charity aims lo hold sufficient free resetves lo cover operational expenses.
Availability and adequacy of assets of each of the funds
The Board of Trustees is salisfied that the charity's assels in each fund are available and adequate lo fulfil its
obligations in respect of Èach fund.
Investment policy
There are no restriction on the charity's power lo invest. The investment strategy is sel by the Iruslees. This policy is
set within an overall policy of investing in low-risk investments.
Risk factors
The trustees consider that the major risk the charity faces is a loss of members within the Sha'are Hayim
Congregalion. The risk is mitigated by the close-knit nature of the community.
Plans for future periods
The Trustees will continue lo manage the charity with the aim that it has sufficient reserves to fund future burials
and maintenance.
Structure, governance and management
The Constituent Congregations biennially each appoint six elders to the Board, which also indudes the Immediale
Past President and Honorary Life Elders.
The Board elects from amongst ils members five Executive Officers to administer the day-to-day affairs of the
Board.
All significant investmenl or expenditure decisions are made by the Board.

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The truslees who served during the year and up lo the date of signature of the financial statements were:
AJLeon
R Simon
M Sherbourne
The Iruslees, report was approved by the Board ofTrustees.
M Sherbourne
Trustee

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
I report to the trustees on my examination of the financial ststements of The Conjoint Board of Ebjers of the
Manchester Congregations of Spanish and Portuguese Jews (the charity) for the year ended 31 December 2024.
Responslbllltles and basls of report
As the trustees of the charity you are responsible for the preparation of the financial ststements in accordance wth
the requirements of the Charities Act 2011.
I report in respect of my examlnation of the charity's financial slatements carried out under section 145 of the
Charities Act 2011. In Carrying out my examination I have followed the Directions given by the Chanty Commission
under section 145(5)(b) of the Charities Act 2011.
Independent examlnerfs statement
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the
relevanl version of the Statement of Recommended Practice applicable to charities preparing their financial
statements in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) in preference to the Accounting snd Reporting by Charities.. Statement of Recommended Practice issued on 1
April 2005 which is referred to in Ihe extant regulations but has now been withdrawn. l understand that this has
been done in order for the financial statements to provide a true and fair view In accordance with UK Generally
Accepted Accounting Practice.
I have Completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any materfal respect=
accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
the financial statements do not accord with those records,. or
the financial statements do not comply with the applicable requirements concerning the form and content of
financial staternents set out in the Charities (Accounts and Reports} Regulations 2008 other than any
requirement that the financial statements give a true and fair view, which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection wllh the examination io which attentlon
should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached.
Icy (L 4-
Carotyn Dutton FCA
Royce Peellng Green Llmltad
The Copper Room
Deva City Office Park
Trinity Way
Manchester
M3 7BG
Date:

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activilies
Investments
Other income
4,512
48,820
12,268
9,023
85,212
10,478
2,246
Total Income
65,600
108,959
Expendlture on:
Charitable activities
51,816
105,381
Total expenditure
51,816
105,381
Net income and movement In fund8
13.784
1,578
Reconciliation of funds:
Fund balances at 1 January 2024
441,837
440,259
Fund balances at 31 Decèmber 2024
455,621
441,837
The slalement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
BALANCE SHEET
AS A T 31 DECEMBER 2024
2024
2023
Notes
Fixed assets
Investments
11
15,850
15,850
Current assets
Debtors
Cash al bank and in hand
12
176,965
305,453
182,284
297,998
482,418
480,282
Creditors: amounts falllng due vAthln
one year
13
{3,370}
112,3181
Net current assets
479,048
467,964
Total assets18s8 currènt liabilities
494,898
483,814
Deferred income
14
139.277)
(41,977)
The fund8 of the charity
Unreslri¢led funds
15
455,621
441,837
455,621
441,837
The financial statements were approved by the trustees on .¥Y X*a:..14
M Sherbourne
Trustee

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charity information
The Conjoinl Board of Elders of the Manchester Congregations of Spanish and Portuguese Jews is a
unincorporaled charity registered by trust deed.
The principal address of the charity is Flat 3, 300 Hale Road, Hale Barns, Cheshire, WA15 8SP.
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the charity's govèrning document, the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland"
and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by
FRS 102.
The charity has taken advantage of the provisions in thé SORP for charities not to prepare a statement of
cash flows.
The financial statements have departed from the Charities (Accounts and Reports} Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical Cost convention. The principal accounting
policies adopted are sel out below.
1.2 Golng concern
Al the lime of approving the financial statements, the Irustees have 8 reasonable expectation Ihat the charity
has adequate resources lo ¢onlinue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use al the discfelion of the truslees in furtherance of their charitable
objectives.
Designated funds comprise funds which have been set aside al the discretion of the trustees for specific
purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been met,
the amounts can be measured reliably, and il is probable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation. unless performance conditions require deferral of the amount.
Legacies are recognised on receipt.
Income from investments is recognised in the financial year in which il is receivable.

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued}
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo a
third party, il 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 classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct CL)Sts attributable lo a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not allributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Flxed asset Invèstment8
Fixed asset investments are held at ￿51.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The ¢harily has elecled lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with the nel amounts presented in the financial slalemenls, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measurèd at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing transaction. where the transaction is
measured at the present value of the future re￿ip1S discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction pri￿ unless
the arrangement conslilutes a financing transaction, where the debt instrument is measured at the present
value of the future paymenls discounted al a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services Ihal have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured al amortised cost using the effective interest method.

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
(Continued)
Derecognition of financial liabilities
Financial liabililies are derecognised when the charity's contractual obligations expire or are discharged or
Can￿lled.
Income from donations and legaciès
Unrestricted Unrestricted
funds
funds
2024
2023
Donations and gifts
4,512
9.023
Income from charitable activities
Unrestrictod
funds
2024
Unrestricted
funds
2023
Burlal Society
Funeral Fees
48,820
85,212
Income from investments
Unrestricted Unrestrlcted
funds
funds
2024
2023
Dividend income
Bank interest received
1,585
10,683
1,585
8.893
12,268
10,478
Other income
Unrestricted Unre$tri¢ted
funds
funds
2024
2023
Commission on memorials
2,246

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on charitable activities
2024
2023
Direct costs
Funeral expenses
Prepaid funeral expenses released
Cemetery maintenance- Urmston
Cemetery maintenance- Southern
Other expenses
Insurance
Prepaid funeral plot provision
Postage
12,250
4.769
3,100
24,172
7.335
5.100
18,168
42
571
(734)
57
582
20,822
54,654
Grant funding of activities (see note 7)
28,750
49,875
Share of support and governance costs
Governance
2,244
852
51,816
105,381
Analysis by fund
Unrestricted funds
51,816
105,381
Grants payable
Unrestricted Unrestrlcted
funds
funds
2024
2023
Grants lo inslitulions..
Grants to wnnected charities
28,750
49,875
Net movement in funds
2024
2023
The net movement in funds is slated after chargingl(crediting)'.
Fees payable to the charity's independent examiner..
for the independent examination of the charity's financial statements
for other financial services
1,800
420
852
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits from the
charity during the year.

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Taxation
The charity is exempt from taxation on its activities because all ils income is applied for charilable purposes.
11
Fixèd asset investments
Unlisted
investments
Cost or valuation
At 1 January 2024 & 31 December 2024
15,850
Carrying amount
At 31 December 2024
15,850
At 31 De¢ember 2023
15,850
12 Debtors
2024
2023
Amounts falling due Y￿thIn one year:
Trade debtors
Prepayments and accrued income
15,000
161,965
15,550
166,734
176,965
182,284
13 Creditors: amounts falllng due within one year
2024
2023
Trade creditors
Other creditors
Accruals
4.512
5.804
2,002
3,370
3,370
12.318
14 Deferred income
2024
2023
Other defefred income
39,277
41,977
Deferred income is included in the financial statements as follows..
10

THE CONJOINT BOARD OF ELDERS OF THE MANCHESTER
CONGREGATIONS OF SPANISH AND PORTUGUESE JEWS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Deferred Income
(Continued)
2024
2023
Deferred income is included within..
Shown as deferred income on the fa￿ of the balance sheet
39,277
41,977
Movements in the year..
Deferred income al 1 January 2024
Released from previous periods
41,977
12,700)
48,067
{6,0901
Deferred income al 31 December 2024
39,277
41,977
15 Unrestrictsd funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which ar8
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been sel aside out of unreslricled funds by the trustees for specific purposes.
At 1 January
2024
Incoming Resources
resour¢e8
expended
Transfer8
At31
December
2024
Designated maintenance fund
General funds
50,000
391,837
13,100)
(48.716)
3,100
(3,1001
50.000
405,621
65,600
441,837
65,600
(51.816)
455,621
Previous year:
At 1 January
2023
Incoming Resource8
resources
expended
Transfers
At31
December
2023
Designated maintenance fund
Unrestricted general
50,000
390,259
943
106,016
(23.268)
182,113)
22,325
122,3251
50,000
391,837
440,259
106,959
{105,381)
441,837
Designated maintenance fund
Under the terms of an agreement dated 12 December 2000, as amended in August 2007, the Trustees agreed
that a fund of £50,000 should be set aside to be used for the maintenance and upkeep of the graves and
meleries.
16 Related party transactions
During the year the charity made donations totaling £28,750 (2023.. £49,875) to The Sha'are Hayim
Congregation, charity number 1067759, a connected charity.
11