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2025-08-31-accounts

REGISTERED CHARITY NUMBER: SC010788

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

GARNETHILL HEBREW CONGREGATION

D M McNaught & Co Ltd Chartered Accountants 166 Buchanan Street Glasgow Lanarkshire G1 2LW

GARNETHILL HEBREW CONGREGATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

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Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11
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GARNETHILL HEBREW CONGREGATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their report with the financial statements of the charity for the year ended 31 August 2025. The trustees have adopted the provisions of Accounting 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are:

In addition, the trustees are required to govern the Synagogue in line with the following objectives;

Significant activities

The congregation hold weekly services on Saturday mornings and on Jewish Festivals throughout the year, and also holds services on other occasions including morning worship, communal dinners, weddings and bar mitzvahs.

The congregation welcomes members of the public, both as individuals and in organised groups, and offers an extensive educational programme which is run by volunteers and which is widely supported by schools, colleges and universities in the west of Scotland.

Volunteers

The charity utilises a number of volunteers in addition to the Executive, who assist in the organisation of religious services, fundraising, providing access to the Synagogue for educational visits and social functions, and supervision of the cemetery.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

In conjunction with the Scottish Jewish Archives Centre (SJAC), which is housed within Garnethill Synagogue, GHC provide access to the Synagogue for university students who carry out research projects.

International visitors coming to Glasgow are made welcome at our Shabbat services on Saturday mornings.

FINANCIAL REVIEW

Principal funding sources

The charity's principal funding source is contributions from members of the synagogue, as well as donations from the public and from social events held within the synagogue.

Reserves policy

With the restructuring of the charity, in conjunction with the creation of Garnethill Synagogue Preservation Trust, our reserves policy is still currently under review.

Page 1

GARNETHILL HEBREW CONGREGATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

FUTURE PLANS

The charity has been collaborating with Garnethill Synagogue Preservation Trust re its five year maintenance programme and will now be involved in a new ten year managed maintenance programme. The charity will also assist the Trust and the Archives with the current funding application to the Heritage Lottery Fund in connection with the development of a Scottish Jewish Heritage Centre within Garnethill Synagogue.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Recruitment and appointment of new trustees

The charity has an Executive of seven trustees as set out in the Constitution. New trustees will be nominated from the synagogue's congregation as and when an existing trustee resigns from his/her role.

Organisational structure

The charity can have a maximum Executive of seven trustees as a result of an amendment to the GHC Constitution implemented at the AGM held on 12th January 2014. The Executive meets a minimum of six times each year as required by the Constitution.

Induction and training of new trustees

The induction process for any newly appointed trustee comprises the following:

Wider network

Members of the Congregation are regular participants in the Glasgow "Doors Open Day" and other events. In the year under review the Synagogue welcomed several hundred visitors for "Doors Open Day" and events associated with the Commonwealth Games. A very successful concert was held benefitting the wider community.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

SC010788

Principal address

129 Hill Street Glasgow G3 6UB

Trustees

Dr S Siegel Chairperson Mr G Marks Treasurer Mr J Conn Executive Member Mrs R Wright Executive Member (resigned 26/1/2025) Mr S Kaye Executive Member Mr P Edlin Executive Member Dr L Schmulian Executive Member Mrs S Shapiro Secretary

Page 2

GARNETHILL HEBREW CONGREGATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner D M McNaught & Co Ltd Chartered Accountants 166 Buchanan Street Glasgow Lanarkshire G1 2LW

Approved by order of the board of trustees on 22 December 2025 and signed on its behalf by:

frye Warke Mr G Marks - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GARNETHILL HEBREW CONGREGATION

I report on the accounts for the year ended 31 August 2025 set out on pages five to ten.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

have not been met; or

Stuart A. McBean, BAcc CA The Institute of Chartered Accountants of Scotland

D M McNaught & Co Ltd Chartered Accountants 166 Buchanan Street Glasgow Lanarkshire G1 2LW

22 December 2025

Page 4

GARNETHILL HEBREW CONGREGATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
30,841
Charitable activities
Charitable activities
47,352
Total
78,193
EXPENDITURE ON
Charitable activities
Charitable activities
77,775
NET INCOME/(EXPENDITURE)
418
RECONCILIATION OF FUNDS
Total funds brought forward
169,793
TOTAL FUNDS CARRIED FORWARD
170,211
Restricted
funds
£
-
-
-
-
-
-
-
2025
Total
funds
£
30,841
47,352
78,193
77,775
418
169,793
170,211
2024
Total
funds
£
25,820
47,966
73,786
85,309
(11,523)
181,316
169,793

The notes form part of these financial statements

Page 5

GARNETHILL HEBREW CONGREGATION

BALANCE SHEET 31 AUGUST 2025

2025 2024
Unrestricted Restricted Total Total
funds funds funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 86,700 - 86,700 86,700
CURRENT ASSETS
Debtors 5 37,955 - 37,955 340
Cash at bank 130,875 - 130,875 130,170
168,830 - 168,830 130,510
CREDITORS
Amounts falling due within one year 6 (85,319) - (85,319) (47,417)
NET CURRENT ASSETS 83,511 - 83,511 83,093
TOTAL ASSETS LESS CURRENT
LIABILITIES 170,211 - 170,211 169,793
NET ASSETS 170,211 - 170,211 169,793
FUNDS 7
Unrestricted funds 170,211 169,793
TOTAL FUNDS 170,211
169,793
-

The financial statements were approved by the Board of Trustees and authorised for issue on 22 December 2025 and were signed on its behalf by: ane Mr G Marks - Trustee

The notes form part of these financial statements

Page 6

GARNETHILL HEBREW CONGREGATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Silverware and scrolls are carried at current market values. No depreciation is recognised as the assets should not diminish in value over time.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2025 nor for the year ended 31 August 2024.

continued...

Page 7

GARNETHILL HEBREW CONGREGATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
25,820
-
Charitable activities
Charitable activities
47,966
-
Total
73,786
-
EXPENDITURE ON
Charitable activities
Charitable activities
85,309
-
NET INCOME/(EXPENDITURE)
(11,523)
-
RECONCILIATION OF FUNDS
Total funds brought forward
181,316
-
TOTAL FUNDS CARRIED FORWARD
169,793
-
4.
TANGIBLE FIXED ASSETS
Scrolls
Silverware
£
£
COST
At 1 September 2024 and 31 August 2025
31,700
55,000
NET BOOK VALUE
At 31 August 2025
31,700
55,000
At 31 August 2024
31,700
55,000
5.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Members contributions outstanding
37,464
Other debtors
491
37,955
Total
funds
£
25,820
47,966
73,786
85,309
(11,523)
181,316
169,793
Totals
£
86,700
86,700
86,700
2024
£
-
340
340

continued...

Page 8

GARNETHILL HEBREW CONGREGATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
MOVEMENT IN FUNDS
Unrestricted funds
General Fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General Fund
TOTAL FUNDS
At 1.9.24
£
169,793
169,793
Incoming
resources
£
78,193
78,193
2025
2024
£
£
85,319
47,417
Net
movement
At
in funds
31.8.25
£
£
418
170,211
418
170,211
Resources
Movement
expended
in funds
£
£
(77,775)
418
(77,775)
418
2024
£
47,417
At
31.8.25
£
170,211
2024
£
47,417
170,211
418

7. MOVEMENT IN FUNDS

Comparatives for movement in funds

Unrestricted funds
General Fund
TOTAL FUNDS
At 1.9.23
£
181,316
181,316
Net
movement
in funds
£
(11,523)
(11,523)
At
31.8.24
£
169,793
169,793

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General Fund 73,786 (85,309) (11,523)
TOTAL FUNDS 73,786 (85,309) (11,523)

continued...

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GARNETHILL HEBREW CONGREGATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 AUGUST 2025

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General Fund
TOTAL FUNDS
At 1.9.23
£
181,316
181,316
Net
movement
in funds
£
(11,105)
(11,105)
At
31.8.25
£
170,211
170,211

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General Fund 151,979 (163,084) (11,105)
TOTAL FUNDS 151,979 (163,084) (11,105)

8. RELATED PARTY DISCLOSURES

During the year £25,000 (2024 - £27,500) was donated by the charity to Garnethill Synagogue Preservation Trust, in respect of regular contributions towards the upkeep and maintenance of the synagogue.

Garnethill Synagogue Preservation Trust is a registered Scottish charitable company, which owns the synagogue and has numerous Trustees in common with Garnethill Hebrew Congregation.

Page 10

GARNETHILL HEBREW CONGREGATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2025

2025 2024
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations and social contributions 30,841 25,820
Charitable activities
Annual contributions 35,270 35,925
Gift aid 12,082 12,041
47,352 47,966
Total incoming resources 78,193 73,786
EXPENDITURE
Support costs
Management
Insurance costs 1,098 1,123
Ministers fees 15,535 16,500
Postage and stationery 1,348 1,328
Catering costs 6,779 7,916
Sundries 4,052 3,086
Repairs and maintenance 1,616 2,810
Caretaking and cleaning 20,079 17,412
Affiliation fees 316 1,427
Unpaid memberships 782 5,037
Donations to GSPT 25,000 27,500
76,605 84,139
Governance costs
Accountancy fees 1,170 1,170
Total resources expended 77,775 85,309
Net income/(expenditure) 418 (11,523)

This page does not form part of the statutory financial statements

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