Registered Charity No: 528994 26 Somerset Rd, Edgbaston, Birmingham B15 2QG ## www.birminghamhillel.com ## Treasurer’s Report for the AGM 23/2/2026 ## Bank Account (22/2/26) - Current Account: £51,843 - Savings Account: £231,079 - Ringfenced Deposits: £15,725 (room & door key) - Ringfenced Deposits: £180 (post box key) TOTAL CASH: £267,017 (after ringfenced deposits) ## Financial Review (10/2/26) Audited Accounts ## Assets up by 0.9% - surplus for the year £7410. Why: Large upgrade costs covered by increased accommodation fees. No donations. ## Overview: ## Income: - Accommodation fees up 17% - Very small donation (we received £40k in 2024) - Total Income was down on 2024 by 4.3% ## Expenditure: - Overall increase by 21% - Gas & Electricity up by 18.6% - Repairs & refurbishments £142,362 – up by 23.5% This includes: - General expenses: £7.5k - Repairs & Maintenance: £51k - Upgrade expenses: £80k (large electrical upgrade costs incurred during lodge/annexe upgrade program) - One bad student debt £1.6k ## CST: 100% financial support granted for gates & front door upgrade. £17,300 to be refunded by end of February. ## Current/Future spending: - Summer program: £20k average per year - Full electrical upgrade program: - 1st estimate £30-£35k + vat = £42k (Stephen Cox) Birmingham Hillel House IReglstergd Charity No: 5289941 Report and accounts For the year ended 31 July 2025 Birmingham Hillel House Report and accounts - for the year ended 31 July 2025 Contents Page Trustees, report Independent examinerfs report Statement of financial actwities Balance sheet Notes lo the accounts Birmingham Hillel House (Reglstgrad Charity No: 5289941 Trustees. report The Trustees present their report togelhor with the accounts for the year ended 31 July 2025. Activities and achlevemgnts During the year, Birmingham Hillel House continued to provide accommodation and facilities lo hold meetings and s¢xial events for Jewish students at universf(ies in Birmingham. The principal address of the Charity is.. The Sludenl Office.. Bimiingham Hillel House 26 Somerset Road Edgbaslon Birmingham B152QG Financial revlew The charity had net assets of £803,340 al the yeaT*nd including a reserve fund of £100,000. The surplus for the year of £7,410 is due to extra income reeeived from the rent increase despite not receiving any signrficant donation8 together with large upgrade costs. The Board of Trustees is governed by a charitable deed which regulates ts objectives. The Trustees are elected by members of the Board. The Trustees of Birmingham Hillel House al the dale of this report are.. L Jacobs H Brown B Cooper K Rowe A Georgev R Jacobs Bankers.. HSBC plc PO Box 68 130 New Street Bimiingham 82 4JU Independent examiner M D Friend Chartered Accountant Eleven Brindleyplace 2 Brunswick Square Birmingham B12LP For and on be If of the Trustees K Rowe Chaimian 10 February 2026 Independent examiner's report to the Trustees of Birmingham Hillel House I report to the trustees on my examination of the accounts of Birmingham Hillel House for Ihe year ended 31 July 2025, which are set out on pages 3 to 7. Respectlve respon$lbllltlg3 of TrustO8s and independent examiner and basis of report The Charity's Trustees are responsible for the preparation of the accounts in accordance wi(h the requirements of the Charities Act 2011 (the Acl'l. l Teport in respect of my examination of the charity's accounts carried out undeT section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 1451Sllbl of the Act. Indepgndent gxaminerfs statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination which gives me reasonable cause to believe that in any material iespecl.. accounting words were not kept in accordance with section 130 of the Char(ties Act, or the accounts do not accord with the accounting records. I have no concerns and have come across no other matteTS in connection with the examination lo which attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. M D Friend Chartered Accountsnt Eleven Brindleyplace 2 Brunswick Square Bim)ingham B12LP 10 February 2026 Birmingham Hillel House Statement of financial activities - for the year ended 31 July 2025 2025 024 Income Ac￿mMOdatIOn fees Donations 208,370 232 178,036 40,170 208.602 218,206 Other income Bank interest received Grants received 3,871 3,568 212.473 221,774 Expenditure Broadband service Repairs and refurbishments Cleaning and gardening Sundry expenses Rates and waler Insurance Gas and electricity Computer expenses Honorarium Printing and stationery Staff training Subscriptions Entertaining Bank charges 1,188 142.362 12.504 4.934 4.729 (3,3881 39.491 308 1,930 115,236 8,381 2,373 4.213 33,293 1,027 750 233 800 1.729 107 66 700 1.296 178 62 {205,0631 {169,483} 7,410 52,291 Mortgage interest 7.410 52,291 Transfer lo reserve fund Net surplus for the year £7,410 £52,291 Birmingham Hillel House Balance sheet - 31 July 2025 Notes 2025 24 Fixed assets Tangible fi'xed assets 612,712 612,712 Currgnt assats Sundry prepayments Bank current account Natwesl house committee HSBC saving$ account 4,754 16,023 553 229,326 4,054 44,669 504 205,460 250,656 254,687 Currant Ilabllities Trade creditors Sundry creditors Ilenants, deposits} and accruals 144.264} 154,4381 115.764} (17,0311 Net curront assets 190.628 183,218 Ngt assets £803,340 £795,930 Financed by Funds £803.340 £795,930 Approved by the Trustees of Bimiingham Hillel House on 10 February 2026 and signed by.. K Rowe Chalrman AGe rgevi Trga$uror Bimiingham Hillel House Notes to the accounts - for the year ended 31 July 2025 Accountlng pollcles Basis of accounting These accounts have been prepared on the historic cost basis in accordance wsth Accounting and Reporting by Charities preparing their accounts in accordance with the Statement of Recommend Practice.. Accounting and Reporting by Charities preparing their accounts in accordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 and with the Charities Act 2011. bl Incoming resources Income is included in the Statement of Financial Activities {SoFAI when the charity is entitled lo the resources. Donations are only included in the SOFA when the charity has uncondrtional enlillemenl lo the resources. The value of any voluntary help received is not included in the accounts, but is described in the trustees, annual report. Freehold property The freehold property has not been depreciated on the grounds that ils estimated useful lrfe and the estimated residual value would make any depreciation charge immaterial. d} Basic financial instruments The charity accounts for basic financial instfumenls on initial recogn¢tion as per paragraph 11.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS 102 SORP. Going concern The Trustees consider that there are not material uncertainties about Birmingham Hillel House's ability lo conts'nue as a going concern. Fund accounting Unrestricted fvnd$ are availablo to spond on adivities that further any puiposes of the charity. Reserve funds are unreslricled funds lo the charity which the trustees have decided al their discretion lo sel aside to use for a specrfic purpose. Income and l¢)sses are allocated lo the approprialg fund. gl Grants received Grants received are included in the profil and loss account in tho period to which they relate. Birmingham Hlllel House Notes to the accounts - for the year ended 31 July 2025 (continued) Trustses rnmuneratio No trustees recewed renumeration during the year. No retirement benefts are accruing for the Iruslges. The charity has no employees. Independent examlner No remunerath)n or benefits in kind received by the independent examiner for their examination of the accounts. Tanglble fixed assets Freehold ert Cost Al 1 August 2024 and 31 July 2025 612.712 Accumulated depreclation At 1 Au9USt 2024 Charge for year At 31 July 2025 Net book value At 31 July 2025 £612.712 At 31 July 2024 £612,712 Binningham Hillel House Notes to the accounts - for the year ended 31 July 2025 (continued) Funds 2025 2024 Accumulated fund Balance brought forward al 1 August 2024 Add.. nel surplus for the year 695,930 7,410 643,639 52,291 Balance carrlod forward at 31 July 2025 703.340 695,930 ReseNe fund Balance brought forward al 1 August 2024 Add.. transfer from Statement of financial acti￿tIeS 100.000 100,000 Balance ¢arrlad forward at 31 July 2025 100,000 100,000 At 31 July 2025 £803.340 £795,930 Ind•p•nd•nt •xamlnorf• r•port to th• Tru•ts•• of Blrnilngham Hlllal Hou8• I i•pryt lo th• fru•lw• on ny •x*nlndffi alth• x¢¢unts of Blnrthgh*n Hlhl HM• fr* Ih•y• 31 J* 2025, whkh #• •¢t wt *)n pag•• 3 to 7. f•4u*wn•nt• altho Chartlm kt 2011 (Ih Act). l TWI kn mp•et my •xwnln•tkffi ofth• chwtty'• •caxmts c•rrl&l (Nrt undw ••clkn 145 crfth• 2011 Convnknhjn und•r Mcllon 146(51(b) oith• D Frfmd 2 Brun•¥kk Squw• 8lmiingh•n 812LP 10 F•W 20x1