2023-12-31-accounts

REGISTERED COMPANY NUMBER: 01810883 (England and Wales) REGISTERED CHARITY NUMBER: 515316 Report of the Trustees and Financial Statements for the Year Ended 31 December 2023 for United Hebrew Congregation - Leeds (A Company Limited by Guarantee) FORD CAMPBELL FREEDMAN

United Hebrew Congregation - Leeds Contents of the Financial Statements for the Year Ended 31 December 2023 Page Report of the Trustees Report of the Independent Auditors 7 to 10 statement of Financial Activities Balance Sheet 12 Cash Flow Statement 13 Notes to the Cash Flow Statement 14 Notes to the Financial Statements 15 to 25

United Hebrew Congregation - Leeds Report ofthe Trustees for the Year Ended 31 December 2023 The trustees who are also directors of the charity for the purFM)ses of the Companies Act 2006, present their rep)rt with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting ty Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wrth the Financial ReF()rting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJ ECTIVES AND ACTIVITIES Objectives and aims Introduction The United Hebrew Congregation (UHC), Leeds seeks through its principal activities and t¥ rts constitution, to advance the religious and educational needs of the Leeds Jewish community. In furtherance of that activity, it holds certain proFErties and assets. This reFx)rt sets out the acts"vities of the UHC for the year erKled 31 De￿mIEr 2023, to meet its aims as set out alJ)ve. Religious seNices have been FKovided throughoLrt the year with extra services for s￿¢la1 occasions. In addition, the needs of our memlErs have tEen met ty the organisation of otheractivities, some religious, some educational, some social and cultural, and some life cycle event driven and pastoral. Religious Services The normal pEttern of service is as OLrtlined below. Religious services are held at least ￿lce daity, every day of the year for adult memLErs. On Jewish festivals additional services have LEen held, as appropriate. Upto four services for children and young peoFAe are held every Shabbat (Saturday) run Ly trained and SUPErvised yOLrth leaders. Children and yOLrth services are successful arKJ well atterKJed. All main synagogue services are either conducted ty or assisted Ly our senior minister Rabbi All￿rt Chait MBE and lay leaders. The UHC also produces both Kabbalat Shabb3t and Havdalah setvices as well as Shiva and othergroup meetings and requirements. Educational Activities Our senior minister, Rabbi AItErt Chait, provides ed￿atIonal services for all UHC members by sermons and learning sessions, either in grou￿ or individually, ty leading discussiorts and leading stulty in Torah. The aims of the United Hebrew Congregation, Leeds are undertaken specifically to ensure the charitable objectives meet the public tenefit requirement of the Charrties Act 2011. Page 1

United Hebrew Congregation - Leeds Report ofthe Trustees for the Year Ended 31 December 2023 STRATEGIC REPORT Achievement and perfor￿AnCe Charitable activities The UHC funds have all tEen applied towards the furtheran￿ of our aim. to supply the setvices required of us and to make sure that the facilities are fit for purpose. The UHC has continued to tEnefit from the balar￿e of a £1.7m legacy. In 2018 the Shul embarked on a mUch-￿eded reFEir and refurb1sh￿￿nt programme to deal with some ofthe more imFx)rtant and neglected parts of the buildirvJs. Repair work started in 2022 has LEen continued in 2023 and is due to tE completed in 2024. The finance to support these works has come ty realising investment funds. The Trustee Directors had previousty decided to invest £1 m through the yofessional guidance of RathlJ)ne Brothers Plc. At the end of 2023, Rathlxjnes were holding a portfolio of investments and accumulated income with a combined market value of £850k. The accounts include an annual FKovision for the depreciation of the Mildirg in the accounts. This ensures that the accounts are presented on a basis that reflects the consumFrtion of this asset over time, in this case 100 years on a professionally procured valuation. As indicated above, it is our intention to repair and maintain the building to the current high standards swh that the consumption of this main asset is negligible in practice. The underlying excess of exFEnditure over ir￿orne for the year ending 31 DecemLEr 2023 was anticipated. The main causes of this deficit comes ftom higher costs and, over previous years: a declining number of paying members and the associated loss of revenue, as well as subscription rates being held back during the pandemic. However, new members have been joining througFK)Ut 2023, benefiting from a free one-year membership offer, and for the first time in a number of years UHC has seen a net increase in mem1￿[ numbers. It is planned for this trend will continue, and as new members start to pay subscriptions, to help to reduce the OPErating shortfall in 2024. Fund raising, donations and SFX)nsorship have all played an impxjrtant and significatrt part in offsetting our OFErating costs for which enormous thanks go to all our generous memLErs ar¥J suppK)rters. Apart from income directly attributable to our charitable status, the UHC is fully depEndent on membership contributions and othervoluntary donations or legacies. Members, contributions ale generally paid in full in a timely manner, which demonstrates the strength ar¥J significance of this covenanvlevel of SUPF()rt. Debt collection is paramount. The pro-rata value of the investments during the year increased slightly despite the turbulence in financial markets, though there has been a modest call on capital. It should be appreciated that the monies have been invested for the medium to long term with the objectives of achieving t()th growth and income_ Future gains or losses will only crystallise at the time when any of the Investments are actually realised. The trustees have met the otr4'ectives of the charity noted above throughout the year, by continuing the religious and educational activities. The trustees would like to thank the large nUmt￿r of volunteers (estimated to be around 85.. security rota 45, Kiddush rota 15, Council and Committees 30, wardens and various service leaders 15, less those who serve across more than one of these categorises) who have assisted during the year. Without them the charity would not function at its current level. Page 2

United Hebrew Congregation - Leeds Report ofthe Trustees for the Year Ended 31 December 2023 Key measures of success for the organisation are attendances in Synag)gue and membership numlErs. Membership numbers at 31 De￿mber 2023 stood at 9(X) adults (2022.. 860) plus just over 200 children. The Synagogue takes its place as one of the three large orthodox communities in the Leeds city region seriously and normally hosts many scfM)ol children in the course of a year to visit the Synagogue and to learn about our religion. Financial review As can seen from the annual accounts for the year, the Statement of Financial Activities on page 11 shows an excess of exFEnditure over income of £91,027. In considering the aLK)ve figure, the following wints sfK)uld LE noted.. exFenditure of £34,537 has Leen charged in respect of depreciation. the income for the year included £31,039 from investments. Page 11 also reflected unrealised net gain of £30,245 on investments for the year. The unrestricted funds have decreased by £71,440 whilst the restricted funds have reduced by £19,587 to reflect the overall deficit for the year of £91,027. This takes the reserves of the charity to £2,544,541 (2022. £2,635,568) - the details of which are as reflected in note 18 of the following accounts. The Directors and Trustees consider the assets of the charity are adequate to fulfil its obligations for the foreseeable future. The trustees regularly review the free reserves available to meet day to day exFEnses. The Council review all costs in detail. This, with improved systems, processes, and financial controls, provides significant assurance over the viabilty of the synag(yJue for the foieseeaLle future. Plans for future periods The UHC Council, together with the UHC staff, continue to promote a proactive and engaging approach towards members. Pursuing an active programme ofweekly everrts, as well as increasing collatoiation with the other main Leeds Orthodox Synagogues in the provision of educats'on, religious and speaker events and charitable activities, is intended to maintain the strength of the UHC and its memLErs. UHC'S brand of vibrant engaging orthodoxy that is founded on LEing 'proud to LE Jewish, will continue to be developed. To this end, we continue to work on our social media and web presence, and a variety of specific projects, events and initiatives. Our ethos is to do all of this to the highest standards to inspire and engage across all our MeMi￿rShiP We are seeing the benefits of this in a Fnsitive fee1-g1￿)d factor feeding through into new members continuing to join the Synagogue. The financial objective of the UHC is to t￿eak even in the short to medium term although we are forecasting a deficit in 2024. The Synagogue's finances are constantly monitored with tx)th the Trustee Directors and the Council working hard to implement appropriate plans to achieve that obj￿tiVe. The UHC recognises its place at the heart of the Leeds Jewish community It will continue to look outwards to play its role to help ensure the Leeds Jewish community is also vibrant and stror¥J There is a current drive to encourage unaff iliated members of the wider Jewish community to tr￿corne members of the UHC. Page 3

United Hebrew Congregation - Leeds Report ofthe Trustees for the Year Ended 31 December 2023 STRUCTURE. GOVERNANCEAND MANAGEMENT Governing document The oFErations of the United Hebrew congregats.on Leeds ( UHC") are ￿verned and structured in accordance with its Articles of Association adopted in 2018, rts tyelaws as outlined below, and with the practices, customs and traditions of an orthodox Synagogue. Organisational structure The structure of the Council of the UHC remains the President, one WI￿ President and the chairs of the finance, facilities, administration, adutt services, youth servI￿s, events, and marketing and communications committees, and the immediate past president, in addition to elected and apFx)irrted ordinary memlErs. The Council normally M￿ts On￿ every six weeks to determine FX)licy and direction and to provide governance and management of the many functions, duties, tasks and activities of the UHC. In addition, a Board of Trustee Directors continues to provide strategic oversight of and supp)rt to the Council and organisation but is not involved in rts day-to-day running. The Poard plays a key role in determining the apyoyiate investment FX)licy relating to funds acquired from the recent legacy, with the support and athice of rts professional advisers, Rathbone Brothers Plc. These arrangements are designed to provide a high level of assuran￿ for the future sustainability of the organisation. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 01810883 (England and Wales) Registered Charity number 515316 Registered office 151 Shadwell Lane Leeds West Yorkshire LS17 8DW Trustees P D Berwin (appointed 171512023) R H Dewar A S Manning (appointed 171512023) JLRose Emziff M l Lewin (resigned 1715r2023) Mrs S P Graham (formerly Dorsey) (resigned 171512023) Company Secretary A Gould Page 4

United Hebrew Congregation - Leeds Report ofthe Trustees for the Year Ended 31 December 2023 REFERENCE AND ADMINISTRATIVE DETAILS Auditors Ford Campbell Freedman Limited Chartered accountant & statutory auditor 2nd Floor 33 Park Place Leeds LS1 2RY Bankers HSBC Bank plc PO Box 105 33 Park Row Leeds LS1 1LD STATEMENT OF TRUSTEES. RESPONSIBILITIES The trustees (who are also the directors of United He￿￿eW congregats.on - Leeds for the purposes of company law) are reswnsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law 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 charitable compErYy and of incomir¥J resources and application of resources, including the income and expEnditure, of the charitaLle company for that FEriod. In preparing those financial statements, the trustees are requiied to select suitable accourrting Fxjlicies and then apply them consistentty" observe the methods and p[ir￿lPleS in the Charity SORP, make judgements and estirTkqtes that are reasonable and prudent", state whether applicable accounting standards have LEen followed, subject to any material departures disclosed and explained in the financial statements, prepare the financial statements on the going cOn￿rn LEsis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are resFX)nsible for keeFrfng proFEr accounting records which disclose with reasonable accuracy at ary time the financial FX)Sition ofthe charitable company and to enabie themto ensurethat the financial statements comply with the Companies Act 2006. They are also resFX)nsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware- there is no relevant audrt infomiation of which the charrtable compary's auditors are unaware., and the trustees have taken all steF6 that they ought to have taken to make t￿rr￿elVeS aware of ary relevant audit information and to establish that the auditors are aware of that information. AUDITORS The auditors, Ford CamptEII Freedman Limited, will proposed for re-apFX)intment at the forthcoming Annual General Meeting Page 5

United Hebrew Congregation - Leeds Report of the Trustees for the Year Ended 31 December 2023 Report ofthe trustees, incorporating a strategic report, approved by order of the board oftrustees, asthe company 01105124 directors, on and signed on the board's behalf by= P D Bewin - Trustee Page 6

Report ofthe Independent Auditors to the Members of United Hebrew Congregation - Leeds Opinion We have audited the financial statements of United Hebrew Congregation - Leeds (the 'charitable company'l for the year ended 31 Decemter 2023 which comprise StaterrEnt of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial state￿EntS, I￿lUdIng a summary of significant accounting wlicies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United King(*)m Generally Accepted Accounting Practice) In our opinion the financial statements.. give a true and fair view of the state of the charitable compary's affairs as at 31 DecemiEr 2023 and of its incoming resources and application of resources, including its income and exFEnditure, for the year then ended., have i￿en proFerly prepared in accordance with United Kirodom Generally Accepted Accounting Practice., and have tEen prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibil ities under those standards are further descrilEd in the Auditors, resFx)nsibilities for the audit of the financial statements section of our retK)rt. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the fir￿nCIal statements in the UK, including the FRC'S Ethical Standard, ar￿ we have fulfilled our other ethical responsibilities in accordance with these requirements. We ￿lIeVe that the audit eviden￿ we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of going concern basis of accounting in the preparation of financial state￿entS is appropriate. Based on the work we have terformed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable compary's ability to continue as a going concern for a period of at least Iwelve months from when the financial statements are authorised for issue. Our reswnsibilities and the reswnsibilities of truSt￿S with respect to going COr￿ern are descrited in the relevant sections of this report. other information The trustees are resFM)nsible for the other information. The other information comyises the information included in the Annual ReFXJrt, other than the fina￿la[ statements and our Rewrt of the IrHJependent Auditors thereon. Our opinion on the financial statements does not cover the other information and: except to the extent otherwise explicitly stated in our report, we th not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read trE Other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise apFEars to IE materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misststement in the financial statements thetTEelves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to rep)rt in this regard. Page 7

Report ofthe Independent Auditors to the Members of United Hebrew Congregation - Leeds Opinions on other matters prescribed by the Conyanies Act 2Crf)6 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Report of the Trustees for the fina￿la1 year for which the financial statements are prepared is consistent with the financial statements, and the ReFK)rt of the Trustees has teen prepared In accordance wrth ap[Aica￿e legal requirements. Matters on ￿lch we are required to report by exception In the light of the knowledge and understanding of the charitatrAe company and its environment obtained in the course of the audit, we have not identified material mIsstate￿￿ntS in the ReFK)rt of the Trustees. We have nothing to reFX)rt in respect of the following matters where Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept or returns adequate for our audit have not teen received from branches not visited ty us. or the financial statements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified ty law are not made, or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, ResporEibilities, the trustees (who are also the directors of the charitable company for the purFM)ses of company law) are resFM)nsible for the preparation of the financial statements and for being satisfied that they give a true arKI fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, trustees are resporEible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate charitable company or to cease operations, or have no realistic alternative but to do so. Page 8

Report ofthe Independent Auditors to the Members of United Hebrew Congregation - Leeds Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonat4e ass￿ra￿e atrout whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, to issue a Report of the IndeFEndent Auditors that includes our opinion. Reasonable assurance is a high level of assurance: but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. M isstatements can arise from fraud or error and are considered matenal if, I￿1VIduallY or in the aggregate, they could reasonably LE expected to influence the economic decisiorts of users taken on the tosis of these financial statements. Irregularities, including fraud, are instances of mn-comFAiance with la￿￿ regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in resFECt of irregularities, including fraud. The extent to which our w(￿edureS are capable of detecting Irregularities, including fraud is detailed below. While planning our audit, we have made enquiries of management and those charged with governance around any actual or potential litigation and claims against the company for non-compliance with specific laws and regulations. The same has been done in resFECt of ary instances of fraud or irregularities. The responses received have been communicated with the engagement team at the planning stage. We have not been informed of any SFEcific laws or regulatory related issues that could materially impact the financial statements in additson to this, there has been no SUS￿Cted fraud or irregularities reported to the us. While planning our audit the engagement partner selected appropriatety trained staff to be engaged in the audit and the team are allocated based on their competence and capabilities. The audit work undertaken is a substsntive work based aLKlit aFproach, reviewing to source documentation where appropriate and includes a review and walkthrough of the systems which Mar￿gement have put in place. These tests are directional. Therefore, they are designed in a way to maximise audit effectiveness and the possible identification of any material fraud, irregularities, or insta￿eS of systems and procedure breaches. Our testing did not identify ary issues that requires any additional reporting. These tests and other areas of our audit work are designed to enhance our ability to detect cases of material fraud and certain irregularities. It should k noted that our audit is carried out using a material based approach and therefore does not test every transaction, as such, rt would not detect all instances of irregularities and specifically fraud which is inherently more difficult to detect. A further description of our reswnsibilities for the audrt of the financial statements is located on the Financial ReFM)rting Council's website at www.frc.org uklauditorsresFM)nsibilities. This description forms part of our Rep)rt of the IndeFEndent Auditors. Page 9

Report ofthe Independent Auditors to the Members of United Hebrew Congregation - Leeds Use of our report This report is made solely to the charitable compary's Memt￿rs, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 Our audit work has teen undertaken so that we might state to the charitable compary's members those matters we are required to state to them in an auditors, rerx)rt and for no other purwse. To the fullest extent permitted by law, we do not accept or assume resFX)nsibilityto aryone other thanthe charitable company and the charitable companvs memtrErs as a trjdy, for our aLMIrt work, for this reFK)rt, or for the opinions we have formed. Dale Coleman (May 8, 2024 16.02 GMT+l) Dale Coleman FCA (Senior Statutory Auditor) for and on behalf of Ford CamptEII Freedman Limited Chartered accountant & statutory auditor 2nd Floor 33 Park Place Leeds LS12RY 08105124 Date. Page 10

United Hebrew Congregation - Leeds statement of Fi nancial Activities for the Year Ended 31 December 2023 21Y23 Total funds 2022 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 33Q436 125,556 463,992 346,538 Charitable activities Direct charitable activity 109,666 115,666 102,840 other trading activities Investment income 1,635 31,039 1,635 31,039 4,689 31,816 Total 480,776 131,556 612,332 485,883 EXPENDITURE ON Raising funds 1214 2,214 4,242 Charitable activities Direct charitable activity 514,4(X) 87,400 601,800 438,223 other 179323 Total 152 617 621788 Net gainsl(losses) on investments 121945) NEf INCOMEI(EXPENDITURE) Transfers between funds (69.966) (21,(*1) (91,027) (257,850) Net movement in funds (71,440) (19,$8n (91,027) (257,850) RECONCILIATION OF FUNDS Total funds brought forward 2.570,398 65,170 2.635,568 2,893,418 TOTAL FUNDS CARRIED FORWARD 2,498,958 45,583 2 635 568 The notes form part of these financial statements Page 11

United Hebrew Congregation - Leeds Balance Sheet 31 December 2023 2023 Total funds 2022 Total funds Unrestricted funds Restricted funds Notes FIXED ASSETS Tangible assets Investments 13 14 1,647,320 850.265 45,583 1,692,903 850.265 1,722,457 902,476 2,497,585 45,583 2,543,168 2,624,933 CURRENT ASSETS stocks Debtors Cash at bank 15 16 17,824 18,492 17,010 17,824 18,492 18,484 15,988 19,119 35,809 1,474 53,326 1,474 54,800 70,916 CREDITORS Amounts falling due within one year 17 151,953) (1,474) (53,427) {60,281) NET CURRENT ASSETS 1,373 1,373 10,635 TOTAL ASSETS LESS CURRENT LIABILITIES 2,498,958 45,583 2,544,541 2,635,568 NET ASSETS 2 498,958 45,583 2 635 568 FUNDS Unrestricted funds Restricted funds 18 2,498,958 45,583 2,570,398 65,170 TOTAL FUNDS 2 544.541 2 635 568 The financial statements were approved by the Board of Trustees and authorised for issue on 01105124 and were signed on its behalf by.. P D Berwn - Trustee The notes form part of these financial statements Page 12

United Hebrew Congregation - Leeds Cash Flow Statement for the Year Ended 31 December 2023 2(Yrd 2022 Notes Cash flows from operating activities Cash generated from OFErations 125.83n 119,260) Net cash used in OFErating activities 125,83n 119,260) Cash flows from investing activities Purchase of tangible fixed assets Sale of fixed asset investments Dividends received (4,983) 2,456 31,039 15,5001 101,446 31,816 Net cash provided ty investing activities 108,512 127,762 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (17,325) 8,502 27 307 Cash and cash equivalents at the end of the reporting period The notes form part of these financial statements Page 13

United Hebrew Congregation - Leeds Notes to the Cash Flow Statement for the Year Ended 31 December 2023 RECONCILIATION OF NET EXPENDITURE TO NEf CASH FLOW FROM OPERATING ACTIVITIES 20Z3 2022 Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges (Gain)Ilosses on investments Dividends received Increase in stocks Decreasel(increase) in debtors (Decrease)lincrease in creditors (91,027) (257,850) 34.537 (30,245) (31,039) (1.836) 627 34,563 121,945 131,8161 11,5131 13,6371 19 048 Net cash used in operations 125 837) 119260) ANALYSIS OF CHANGES IN NEf FUNDS At1.1.23 Cash flow At 31.12.23 Net cash Cash at bank and in harKJ Total 35,809 17,325 18,484 The notes form part of these financial statements Page 14

United Hebrew Congregation - Leeds Notes to the Financial Statements for the Year Ended 31 December 2023 GENERAL INFORMATION The charity is a public IEnefit entty arKI a prrvate comFEny limited ty guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 151 Shathell Lane, Leeds, LS17 8DW. statement of compliance These financial statements have IEen prepared in compliance with FRS 102, 'The Financial Reporting standard applicable in the UK and Republic of Ireland,, the Statement of Recommended Practice applicable to charities preparing their accounts in acCOrda￿e with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charrties SORP (FRS 1021) and the Charities Act 2011. United Hebrew Congregation- Leeds meets the definrtion of a public tEnefit entity under FRS 102. Assets and liabilities are initially recognised at historic or transaction value unless otherwise stated in the relevant accounting pK)licy notes. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statemerrts have LEen prepared on the historical cost basis: as modified by the revaluation of certain fixed assets and investments measured at fair value through income or expEnditure. The financial statemerrts are weFEred in sterling, which is functional currency of the entity. Going concern There are no mateiial uncertairrties aLK)Ut the charity's abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the finar￿la[ staterTEnts requires management to make Judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are corrtinually reviewed and are based on experience and other factors, including expectations of future events that are believed to LE reasonable under the circumstances. Incoming resources All incoming resources are included in the statemerrt of financial activities when entitlement has passed to the charity,. it is probable that the economic iEnefits associated with the transaction will flow to the charity and the amount can LE reliably measured. following sFcffic policies are applied to particular categories of income.. income from donations or grants is recognised when t￿re is evidence of entitlement to the gift, receipt is probable and rts amount can te rrEasured reliably legacy income is recognised when receipt is probable and entttlement is established. income from donated goods is rrEasured at the fair value of the g(K)ds unless this is impractical to measure reliably, in which case the value is derived from the cost to donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for contribution of general volunteers. Page 15 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ACCOUNTING POLICIES- continued Incoming resources income from contracts for the supply of services is recognised wrth the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to sFEnt on a particular purwse and returned if unspent, in which case it may regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a lia￿lIty is incurred. Ex￿ndItUre includes ary VAT which cannot be fully recovered, arNJ is classified urKler headings of the statement of financial activities to which it relates.. exFEnditure on raising funds i￿ludesthe costs of all fundraising activrties, events, non-charitable trading activities, and the sale of donated go(Kls. expenditure on charitable activities i￿ludeS all costs incurted by a charity in undertaking activities that further its charitable aims for the LEnefit of its beneficiaries, including those supwrt costs and costs relating to the governance of the charity ap￿rtIoned to charitaLAe activities. other exFEnditure includes all exFEnditure that is neither related to raising funds for the charity nor part of its exFEnditure on charrtatAe activities. All costs are al located to expErKliture categories reflectirvJ the use of resource. Direct costs attributable to a single activity are alIC￿ated directty to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiatle and consistent basis. Tangible fixed assets Tangible assets are initially recoided at cost, and sutsequentty stated at cost less any accumulated depreciation and impairment losses. Any tar¥Jible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any suLEequent accumulated depreciation and subsequerrt accumulated impairmerrt losses. An increase in the carrying atrL)unt of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains ar¥J losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statemerrt of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Land and buildings 10/0 Straight line excluding land Fixtures, fittings and computer equiprrEnt - 3.330A and 250A Straight line stocks stocks are measured at the lower of cost estimated selling price less CDSts to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Page 16 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 ACCOUNTING POLICIES- continued Taxation The charity is exempt from corFX)ration tax on rts charitable acbvrties. Fund accounting Unrestricted funds can LE used in aCcOrda￿e with the charitable objectives at the discretion of the trustees. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds can only LE used for FErticular restricted purposes within the objects of the charity. Restrictions arise when SFEcilied Iw the donor or when furKls are raised for particular restricted purposes. Further explanation of the nature arvj purFM)se of each tund is inclLKled in the notes to the financial statemerrts. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scfEme. Contributions payable to the charitable company's EEnsion scheme are charged to the Statement of Financial Activities in the Feriod to which they relate. Investments Listed investments are measured at fair value with charvJes in fair value LEing recognised in income and expenditure. Impairment of fixed assets A review for indicators of impHirment is carried out at each reporting date, with the recoverable amourrt LEing estimated where such indicators exist. IMEre the carrying value exceeds the recoverable amount, the asset is impaiied accordingly. Prioi imFBirrTEnts are also reviewed foi wssible reversal at each repjrti ng date. For the purposes of impairment testing, wFEn rt is not rx)ssible to estimate the recoverable amount of an individual asset, an estimate is made of the iecoverable amount of the cash-generating unit to which the asset LElongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely indepErKJent of the cash i nflows from other assets or groups of assets. Page 17 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 DONATIONS AND LEGACIES 20Z3 2022 Donations Gift aid MemkErs contributions 81,672 71,137 311,183 1,974 55,770 288,794 463,9¥2 346,538 OTHER TRADING ACTIVITIES 20Z3 2022 Income from E(Jokshop Income from Leisure circle 1,635 3,311 1,378 1,635 4,689 INVESTMENT INCOME 20Z3 2022 Income from listed investments 31 816 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 other income Direct charitable activity Funeral and similar income Direct charitable activity 72,988 68,278 34 562 102 840 Page 18 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 RAISING FUNDS other trading activities 20Z3 2022 Advertising other activities Book shop 734 847 395 3,000 1,480 2,214 4,242 CHARITABLE ACTIVITIES COSTS Support costs (see note 9) Direct Costs Totals Direct charitable activity 51,742 601,8fy) SUPPORT COSTS Governance costs Management Finance Totals other resources exFEnded Direct charitable activity 2,9 17,892 3,Q)O 20,8V2 51,742 48,742 48.742 2,9 20.892 72,624 Support costs, included In the atx)ve, are as follows.. 20rd 2022 Other resources expended Direct charitable activty Total adivities Total activities Wages Social security Bank charges Auditors, remuneration Auditors, remuneration for non aLKJrt work Accountancy fees Legal fees 45.405 3,337 45,405 3,337 2,990 7,584 504 4,980 7,824 48,510 2,604 2,098 8,440 504 4,210 4,974 2,990 7,584 504 4,980 4,V24 3,OlX) 20,8￿2 51,742 72,624 71,340 Page 19 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 10. NEf INCOMEI(EXPENDITURE) Net incomel(exFendrture) is stated after chargiW(credits"ng)'. 20Z3 2022 Auditors, remuneration Taxation advisory setvices Depreciation - owned assets 7,584 504 34,537 8, 440 504 34,563 11. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 DecemtEr 2023 nor for the year ended 31 Decemter 2022. Trustees, expenses There were no trustees, exFEnses [￿Id for the year end￿ 31 Decemtrer 2023 nDr for the year ended 31 December 2022. During the period the trustees made uncorKJitional donations to the charity totalling £17,89012022 £9,561) 12. STAFF COSTS 20r8 2022 Wages and salaries Social security costs Other FEnsion costs 220,341 15,313 6,784 220,636 14,857 6,846 242.438 242 339 The average monthly numter of employees during the year was as follows.. 20rd 2022 Direct staff Support staff The numÈEr of employees whose employee tenefits (exclLKJing employer pension costs) exceeded £60,000 was.. 20rd 2022 £90,001- £100,000 £100,01- £110,0(K) Page 20 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 13. TANGIBLE FIXED ASSErs Fixtures and frttings Land and Buildings Totals COST At 1 January 2023 Additions 1,547,174 402,595 1,949,769 At 31 December 2023 1547 174 1954 752 DEPRECIATION At 1 January 2023 Charge for year 1fd,750 15,0fy) 103,%2 19,537 227,312 34,537 At 31 December 2023 NEf BOOK VALUE At 31 December 2023 1,408,424 284,479 1,692,￿3 At 31 December 2022 1 423,424 299 033 1722 457 14. FIXED ASSEf INVESTMENTS Listed investments MARKETVALUE At 1 January 2023 DispK)sals Revaluations 902,476 (82,747) 30,536 At 31 December 2023 850,265 NEf BOOK VALUE At 31 December 2023 850,265 At 31 December 2022 902,476 There were no investment assets outside the UK. The listed investments are shown at market value as provided Ly the charity's investment managers Rathbone Brothers Plc. Page 21 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 15. STOCKS 20Z3 2022 stocks 17,824 15,988 16. DEBTORS: Af4llOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 other debtors Prepayments and accrued income 5,498 12,994 5,627 13,492 18,492 17. CREDITORS: ADr￿UNTs FALLING DUEWITHIN ONE YEAR 2023 2022 Trade creditors other creditors Accruals and deferred income 26,766 13,690 11,133 13,881 35 267 60 281 18. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At1.1.23 31.12.23 Unrestricted funds General fund Designated fund legacy Designated fixed asset reserve Designated Chazan fund Designated New Year AppEal fund 1.442,282 1,046,925 46,101 3,363 (58,27n (1,474) 1,382,531 1,046,925 34,412 3,363 (11,689) 2,570,398 (69,966) (1.474) 2,498,958 Restricted funds Building repairs Cemetery maintenance 60,583 (15,CQO) 45,583 TOTAL FUNDS 2 $44 541 Page 22 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 18. K)VEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows". Incoming ReSoUr￿S resources expended Gains and Movement losses in funds Unrestricted funds General fund Designated fixed asset reserve 480,776 (569,298) 11,689) 30,245 (58,277) 11,689) 480.776 (580,987) 30.245 (69,966) Restricted funds Building repairs Cemetery maintenance Leeds Jewish Representative Council stay Well Winter Grant Donations for Israel Volition - Housing SUFP)rt furKI (15.(M)o) (60.(M)O) (5.21n (1.(M)O) (66.400) (1 S,OCKI) (6.061) 53,939 5,217 1,CKIO 66,400 TOTAL FUNDS Comparatives for movement in funds Net movement in funds A1.1.22 31.12.22 Unrestricted funds General fund Designated fund legacy Designated fixed asset reserve Designated Chazan fund Designated New Year APF￿al fund 1,614,209 1,046,925 109,487 3,758 31 443 (171,927) 1,442,282 1,046,925 46,101 3,363 (63,386) (395) 284 2,805,822 (235, 424) 2,570,398 Restricted funds Building repairs Cemetery maintenance 75,583 (15,000) 60,583 4,587 87,5 22,426 65,170 TOTAL FUNDS 2,893,418 257,850) 2,635,568 Page 23 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 18. K)VEMENT IN FUNDS- continued Comparative net movement in funds, included in the alJ)ve are as follows". Incoming ReSoUr￿S resources expended Gains and Movement losses in funds Unrestricted funds General fund Designated fixed asset reserve Designated Chazan fund Designated New Year ApF￿al fund 423,637 (473,619) (63,386) (1,485) (121,945) (171,927) (63,386) 1395) 284 1,090 284 425,011 (538,490) (121, 945) 1235,4241 Restricted funds Building repairs Cemetery maintenance Leeds Jewish Representative Council stay Well Winter Grant (15,000) (58,500) (4,948) (15,000) (7,426) 51,074 4,948 60 872 83 298 22 426 TOTAL FUNDS 485 883 621788) 121945) 257 850) Unrestricted funds Designated fund legacy contains funds ring fenced ty the trustees. Designated fixed asset reserve is a fuThl set up for Sp￿lfiC captal repairs and depreciation. Chazan fund contains donations from members for Hetfew reading lessons. This money is then SFEnt on projects in keeping with the ethos of UHC. Designated New Year apFEal contairE funds ring-fenced by the trust￿5. Restricted funds Building repairs contributions raised for major refurtishment of the charity buildings. Cemetery Maintenance contribuiions are used for the MaIntena￿e of the cemetery. Leeds Jewish Representative Council contribution towards work carried oui Èy the organisation. Stay Well Winter grant funding was used to provide a warm Spa￿ within community. Donations for Israel contributions relate to funds raised arKI sent directly to Israel. Volition - Housing SUPFM)rt fund provides essential keep warm SUPFM)rt packs to those struggling the most with the cost of ener￿ and living. Page 24 continued...

United Hebrew Congregation - Leeds Notes to the Financial Statements - continued for the Year Ended 31 December 2023 19. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 De￿MtEr 2023. FINANCIAL INSTRUMENT The carrying amount for each cate￿ry of financial instrument is as follows.. 2023 2022 Financial assets measured at fair value throLNJh the income arKI expenditure 902 476 21. PENSIONS AND OTHER POST RETIREMENT BENEFITS Defined contribution plans The amount recognised in income or exFEnditure as an extEnse in relation to defined contribution plans was £6, 784 (2022 £6,846) NEf GAINSI(LOSSES) ON INVESTMENTS 2023 2022 Gainsl(losses) on listed investments 30,245 121,945) Page 25