Sedgley Park Synagogue Accounts For the year ended 30 September 2024
Sedgley Park Synagogue Sumrna infonnatlon the ear ended 30 Se tember 2024 Con8titutlon Sedglay Park Synagogue 16 constituted by Deed of Tru8t and 18 a r8gi8tered charity. Roglstornd number 504984 Addrn88 Parf( View Road Prestwich Manchester M25 1FR Tru•to08 during the y•ar Mr L Miller Mr M Brandei8 Mr M Morrls Mr M Lowe Agents and Advl80rn Inde endent Examiner Stacey L Whlting FCCA Certified Chartered Accountant 82 Hilltop Drive Ewood Bridge BB4 6NB
Park S xtot un ear o s tember 2 24 Page Independent Examiner'8 Report Trustee's Report &6 Ststsment of Financial Activitie8 Balance Sheet Not88 to the Accounts 9-11
rttoth8T I report on the 8c£ounts of Sedgley Park Synagogue for the year ended 30 September 2024, whlch 8r8 88t out on pages 7 to 11. Re8P8Ctlve re8ponslbllltles of tru8ts88 and wAamlner The charlty'8 tru8te88 are re8pon8lbl8 for the preparatlon of the accounts. The charity'8 tru8tee8 consider that an audit18 not requlred for thls year under section 144(2) of the Charttie8 Act 2011 (the 2011 Act) and that an Independent examlnation Is needed. 11 18 my respon81blllty lo: examlne th• accounts under 88thn 145 ofthe 2011 Art to follow the procedurn8 lald down In th8 general Dlr8ctlon8 glven by the Charlty Commls81on under 88Ctlon 145(5)(b) of the 2011 A¢( and to state whether partlcular matters have come to my attentlon. Basis of In endont examln My •xarninatlon was carrl8d out In accordanco wlth the gen•rAI Dlr8cllons glven by tho Charlty Comm1881on. An examlnatlon InGlud88 4 revknv of the accounung records k6pt by tho charfty and a comp8rt8on of the accounts presented wlth those rejcords. It 8180 Include8 ¢onskleratlon of any unu8ual Iterns or d18closur in the accounts, and 888klng 8xplanatlon8 from you as .tru8tees conc8mlng any Such mattern. The procedur88 undertaken do not provlde all the 8vldenc8 that would be requlred In an audlt and consequenty no oplnlon Is gfven a8 to wheth•r the accounts present a 'tru• and falr vlevl and tho report18 Ilmttad to th0 matters sat cut In the 8tat8ment below. Inde ndent examlnerf8 8tateme In connectlon wlth my examlnatlon, no matter ha8 come to my att8ntlon: (1) whlch give8 me re980nable cause to belleve that in any matsrial re8PeCt tho requirements: to keep accounting records In accordanco with 88ctlon 130 of the 2011 kt., and to propare accounts whlch accord wlth Ihe accounting records and comply wlth tho accountlng requlrements of th8 2011 Act have not been met; or (2) to whlch, in my oplnlon. attentlon 8hould be drawn In crder to enable a proper underBtandlng of the accounts to b8 reached. Stacey L Ihthltlng FCCA Cartlfied Ch8rtered Accountsnt 82 Hllltop Drlve Ewood Brfdge B84 6N8
Sedgley PArk Synagogue FlnAncial StateJn¢nts year ended 30109n024 Tr trustees have pleasure in presenting their report and the fmancial statements of the charitable trust for the year ded 30 September 2024. The trustees have adopted the PTovisions of the Ststement of Recommended Practice (SORP) 'Accounting and Reporting by Clwities, March 2011 in preparing the fuwxcial statements of the ChaTity. OBJicfIvES The objectives of the charity arc to provide Jewish religious synagogue Services and facilities to members of the Jewish faitlL TRUSTEES - PUBLIC BENEFTr The trustee8 confinn that they have r¢ferrcd to the guidancc contsined in the Clwity Comn]ission's gencrnl guidance on public benefit and in particular to its supplementary public benefkt 8uidance on advancing ¢ducation when reviewing the charity's aims and objectives and in plannin8 tUre activitie8 and setting grant making policy for the year. The trnstees have complied with their duty of the altieS Act 2011 to have due regard to guidance published by the Charity Commission. The board of Trustees 18 aUtIlsed to appoint new tswtees to fill vacancies arising through resignation or d¢ath of an existing trustee. RESERVES POLICY The trustees are Satisfied that the balance of the Fund is at an acceptable level of reserv¢8 and all of thi5 18 available for fjjture grants payable. RISK MANAGEME & REVIEW Tr tnlstees have r¢viewed the major risks to which the clwity is exposed, in particul those related to the operntions and fuwiccs of the Trust, and are satisfied that systems ar¢ in place to manage their exposure to the major risks. PLANS FOR FUTURE PERIODS The trustce8 are exploring OPPOrtunitie8 to attract more members to the synagogue in the wming year.
li REVIEW OF DEVELOPMENfs, ACTIVITIES AND ACHIEVKMEI¥4TS Sedgley Park Synagogue received donations in the year of £49,508 (2023 fA7,488) &nd charitable expenditure was £55,343 (2023 £54.730). Interest received was £902 (2023 fA238). The deficit on the unrestricted fund was £1.172 (2023 8urplus £2,118). and the surplw for the year on the burial board fund wa8 £2,476 (2023 £7,318). RESPONSIBILITIES OFTHE TRUSTEES The Clwities Act 201 I requires the trusteeg to prepare financial statements for each financial year wbich give & true and fair view of the Stste of affairs of th¢ clwity at the end of the year and of the net incoming or outgoing resources for the year then ended. In preparing those financial 8tstem¢nt8, the tru8tees are required to select suitable accounting policies. as described on pa8e 9, and then apply them on a consi8tent basis. nIng judgments and estimates thAt are rea30nable and pnmlent. The tru8tee8 must also prepare the fmancial gtatements on th¢ goin8 concern basis unl¢s8 It 15 inappropriate to pregume that the charity will be able to contin. The trLthes ar¢ responsible for keepin8 proper accounting records whith disclose with reasonable accuracy at any time the financial position of the chaTity and to enable thcm to ensure that the financial 5tatem¢nts comply with the Chatities Act 2011. The trustces are also responsible for safeguarding the asscts of the charity and hence for taking reasonable steps for the dct¢ction of fraud and other Irr¢gulariti¢s. SIGNED ON BEHALF OF THE BOARD OF TRUSTEES: Mr L Miller (frustee) 30th July 2024 Mr G Harris (Hon Tr8a8urer) 30th July 2024
SEDGLEY PARK SYIIAGOGUE statsm•nt 01 Flnanclal Actlvltl•• For th• y••r •nd•d 30th S•pt•mb•r 2024 2LY24 2024 Burial 2023 Genarnl Furnl INCOMING RESOURCES In¢omlw r••ourc•• fvom q•n•r•t•d fvnd• Membw¥ conlrfbulionl Intmt 1vad Rent re¢olved Grants fOl¥•d Total In¢omkng rn•our4WJ• 414L e,1L¥) 47,486 4,238 2,500 9,940 84.1e6 10 3,237 RE8fAJRCE8 EXPENDEO Charftabl• xUvllle• 50.870 VTJ 54,no 50,870 78 64 no N•t Inaomlry TaUre -1.1n 2,476 9,436 T•tsl fimd• brwghtfoThvwd -5,979 105.846 ,431 Totsl ld0 c•rrf•d forward 99.ae7 Tho •tatwnent of flnandal actmtlth Includ0• a119oIM and la8 In tho year thw•forn a •tallent of total rncolIl gnI •TrJ lojw ha• rnt b•w pr•p•r•d. All of lh• above IuntI r•lat• * (¥Jnlln(dw adl¥ltlM. Tho nol•• fDrm wt of Ilrnncljl ¥tatwnwrt• Page 7
SEDGLEY PARK SYNAGOGUE Balanc• •h••t A• at 30th September 2024 2024 2023 FIXED AS8Ef8 Tan9lble a880ts 55,ee8 56.381 CURRENT A88ETS General fund bank account Burlal Board Bank Account Debtorn Prepaymonts & Acixued Incomo CREDITORS Amounts falllng duo vhihln one yaB 3.369 67,232 10,ee6 16,289 70,348 2.338 81,257 87,958 3,895 10,800 NET CURRENT A8SET8 Tl.382 77,35e CREDrroR8 Amounlo owed to Burlal Board 31,857 33,850 NET AS8ET8 101,17 99,867 FUNDS Genernl fund Burlal Board furKI TOTAL FUND8 -7,151 108,322 101,171 -5,979 105,846 99,8e7 The flnanclal 8tAtements w•re approved by th• Board of Tru8te88 on 30107r2025 ond wer• slgned on It8 behalf by: ON 8EHALF OF THE 80ARD: Tru•to• Th8 not88 form part of the88 flnancial $tstem8nt8 Page 8
SEDGLEY PARK 8YNAGQGUE Not•• to Fln•nd•l 8tAt•rnnl• F•rts p•rfod •nd•d 30th 8•pl•rnb•r 2024 AccoupifiNO PQLICIEB &¢ountlng ¢onfftllun The flnanclal 8tat8ments have been prepar1 under the hl8lorf¢xl ¢0gt convenilon arKI In aco)Alance wlth the 8tatsnJent of recornmended pradce: Accounting arnl Reporti by thgriti08 preparfng tbeir arxounts in ith the financial roportiw standard appliG8blo in tho Uk and r¢pubi or Ireland {FRS 102) i8Btd on 16 July 2014, and 1th the Chgritie8 Art 2011 Donatlon• Don8lknn• am kn¢lud In lh• y•w In th•y Ar• rac41¥1, ¥thlch l• ¥An tharlty b•eom•8 •nUd•d trj th• r••oL¥C•. AII •XPVKlllur•1o acuJunt•d for an a01 ba•l•. Ch•rllable expendllura IrKa(KIM •ll 8xpeThllturo dlrncty ra181 to lh• objacts of tha thorfty In accA)rdonca vAlh th• SORP. Tha l• not VAT rtylBtorad And exp8Thltturn18 gro88 Irro(>MrablB of VAT. Tanglbl• llx•d •w•ts Depreclalon l• PTuvlded atthe fullryhlw anrw•l r•i•• In ord•rto tt off ••th •M•l owr Il• ••tlmat•d ¢lu1 offi •qulpm•nt- 26% lad14 balan 8•l•r Tornh & Mtylllot- 10% r•(ludry b•l•K• Th• ¢YKirlty l• •x•mpt tsx on Ill charflablo aLthlllei. Fund a¢cOWO Unrootrlded fundl c•n be wod In accDNIwK Thllh th• thurllabl• obJ•tho• it th• dlK¥•llon of th• tr Rol¢A•d fiwKI8 Cqn [7Y bo wed for partloul•r r•thot•d purpoM• th• objects of th• th•rfty. Ro•trlctlon arl•6• Yth•n lpedfiod by tho dorKr furKl• •r• rnl••d for pirtlrAlor re•trlctsd purpa•••. Furth•r of th• r•kn• ¥KI puw• of •a¢h ••ckn ftmd l• IrKlwl•d In th• nol•• to th• fln•Ill •tatsfflonts. VOLupifARY 14COME Vambarn <rfbLrtlo Bu1 Bo•nl F•0• 43,408 100 41,888 6,800 Prye9
8EDGLEY PARK 8YNAOOOUE Nal•• to th• Flmndd 8tthn•Thts w eortlrnmd For th• pwlod •nd•d 3Olh B•pt•n•r 2024 DIRECT CHARrrABLE EXPENDITURE 2024 2024 I?ra1 Burlal rlal ard f••• rl81 Colts 8alar188, PAYE & shrn co•ts Heat, Ilght & wat•r Hlgh holyday4, rrta & laddulhlm cA8ts Cl•anlng and knundry Repah Paper & dl•poMtrJ Td•phon• Sophorlm (b(th) Garden MaInlanC& 2A20 I00 11,154 13 3,512 11.154 13.604 3,612 11.763 12.618 11,775 11,Tro 10.095 297 120 1,824 1072 282 ChirltAbl• donatlon• 8uThlry- pp8 DeprlIOn 141 380 4.473 55,343 TRU8TEE81 REPAINERATION AND BQNeFrrn Thw• ww• r¢ tru•t••W rUn•tn or plhpr bonofft8 ft>r tho 30th 8•ptsmr 2024. Tlw• ww• no tru•t•w a¥p•nM• kwld In IM pwkd ended &)th 8•ptwts 2024. TANalDLE FIXED A•JErn ••h)Id Sof•r T¢xah Prowty & Meglllat wlpm•nt C08T Al 1•t OctrJb•r 2023 Addltknn8 At 30th 8•pthnbw 2024 49.748 29,798 2.248 81,7V2 DEPRECWT Ai 18t Octcthr 2023 Ch8rge forthe yaAr At 30th 8eptsmbw 2024 23Aoe 2.02t5 26.431 24,045 2.081 28 128 NEf BOOK VALUE Al &)th 8eptMbw 2024 At Xllh 8epknber 2W23 49.740 167 56,808 Page10
8EDQLEY PARK SYNAGOGUE Not•a to th• Fln•n¢l•l Stat•mlI. contsN•d For th• p•rfod •nd•d aoih 8•ptsmb•r 2024 2024 2023 DEBTORS Prepaym•rrt8 & ALxYued Inme Qift aid debtor 10.e65 10.686 1.420 CREDITORS . AMOUNT8 FALLING DUE wrrHIN QNE YEAR 2024 Trnd• (Y•dllorn Contral burfal board f•08 1.370 2.520 8.1 ArU 3.895 10.800 MOVEMENT IN FUNDS A• at 8urplu81 1.10.23 {ddlolt) In 30.924 Unr••trlct•d fvnd• General Fund Burlal 808rf Fund 1,172 2h76 7,151 11kry,322 106.848 TufAL FUND8 101,171 Pag•11