2025-08-31-accounts

BEGISTERED COMPANY NUhllBER: SC422036 {Scotlalld} REGISTERED CHARITY NtJMBER: SC043103 REPORT OF THE TRUSTEES AND FINANCIAL STATETrIENTS FOR THE YEAR ENDED 31 AUGITST 2025 GARNETHILL SYNAGOG￿ PRESERVATION TRUST D M fvlcNaught & Co Ltd Chartered Accoun1￿71$ 166 Buchanan Street Glaogow Lanarkshire GI 2LW

L SYNAGOCU% PRESERVATION TRUST TKNTS OF THE FI h'ClAL TATEMEN FOR THE YEAR ENDED 31 AUGUST 2025 Page Report Of the Trustees I to 2 Jndependellt EI#miller's Report Stitemetht ol Fin4pci#l Activities BalAu¢¢ Sheet Notes to tbe Fin8ndal St&temeDts Det&il¢d Statement of FiDaDd￿ AttL•Atle3 12

GARNF.THILL SYNAGOGUE PRESERVATION TR ST REPORT OF THE TRUSTEES FOR THE YEAR FNDF.D 31 AUGUST 2025 The IMsiets wllo are also dIr¢clo￿ of the charily for the purposes of th¢ Cornpanie5 Act 24J)6. present th¢ir r¢port with the fiDaiitial staleiiienL of the ohariry for the ycar ended 31 Au8USt 2025. The tNsle¢s have adopted the Prov￿5]Dn5 of Aciouniing and tleportin& by Chariiies.. S￿lement of Recotnin¢ndfd Practice applicable 10 charities preparing thcir at¢ount5 in accordance with the Ftnallcial Reporting Stsndard applicable in the UK and Republic of Ir¢land IFRS 102) (e￿e￿liVe l Jatiiiary 20191. OBJECTtVES AND AcrtVITIES Objectives and Tlie objecti￿￿ of the eharii&ble conipany are as follows.. To adv&iKe herilage Iluuugh preserving for public b¢n¢fit th¢ historical. cuhura], arCh￿te¢ll￿al and con5tNrtional herildge that eNi8is in tlie building fonnuig Garnethill Syiia8ogue, Glasgow and the Jewish prayer house at Ihe Wesiem Neiropolis, Glasgow,. and. To support or &qslqt otliei charitable body (without di5plakning Ihc primary objective &bovel where the provision of such suppoit may conirihuie iowards ensuTiiig the Ongoing aCLdPalioo and us¥ of the building formin8 Gameihill $￿agOgUe, Glasgow. ACHIEVEMENTS AND PERFoRm￿NCE Charitablc 9Ctivitie$ The Pattyiei)Iiip of Garnethill s}k￿808ue Preservation T￿￿1 and the Scottish J¢wi$h ArGhivcs Centre has continued, rather slowly, to progr¥55 the Delivery Stage of Phase One re the creation of a Scottish Jewish Herilase Centr¢ within Garnethill Synagogue. VIIYA￿'C1AL REVIEW Principal funding sources Thc ¢harithble company's principal funding 50urce5 are don&tions from GHG a contribution towards wnning costs frotll SJAC and a flat r¢nt IL%S faciiiring COlS. Reserves pollty Th¥ Board ha¥e in place a wliey whereby an amount ¢quivalet)t 10 rnvo yeArs' total inconie is alloc8￿d to a Designated Emeigen¢y Fund. FUTURE PLANS GSPT will COlllinu¢ ¢0 provide a place of woisliip for GHC and provide space for SJAC that will allow it to further expand its scTrices within ihe framework of tlie d¢v¢loping Heriia8e Centr¢. STRUCTURE, GOVERNANCE AND MALYAGEMENT Gov£rDing document Th¢ cliarlty is ¥oiitrolled by its goveming documtnL a deed of thvst, and con*itutes a limited ¢offjpanyJ limited by gLigraniee. &¥ defined by th¢ Contpatiies Act 2006. Recruitme41 and appollltmÈJJt of nem. tru51ees The board of Ilie cliatithble roiiipaiiy. in keepins with ils Articl￿ of AssociatioJ4 Ean consist of a m&xunum of s¢ven dircviors. The seven e.iisting directors wer¢ nominaied by Garneihill H¢brcw Congrtgation. In the e￿etti of the T¢>ign8tion of one of the seven txisring directors, a new director will be rc¢ruited from th¢ congfegaiion of Gam¢ihill Hebrew Congr¢gaiioll, and appoinied to the wst by the Gamethill Hebrew Congtegalion EAecuiive. Orgini5ation&l structure The Board will meet a minimum of four tiires each year. Page I

GARNETHILL SYNAGOGUE RESERVATI N TRUST REPORT OF THE TR TEES FOR I'HE YEAR ELYDED31 A UST 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company ttttmber SC422036 {Scotland) R¢Ki5tettd Charlty number SC043103 R¢gtsiertd office '0 D M M¢Naught& Co Ltd 166 Bu¢h8nan Street Glasgow 012LW Truitees Mr B S Goodm4n Dr S D Siegel Mr A Silverdale Mrs C A Singerman Mr M C Langrnan MT M F hlail Mr S Stein Hon Life President Chairperso TT¢rtsurer Mitiule Se£retary Direcior Diretior Director 12ppoinled 11912024) Company SEeretary Mr A Silverdale EDdepeDdtnt ExirniDer D M McNAuKht& Co Ltd Chan¢r¢d ALcoLtntan 166 Buchantn Street Glasgow LanarkshiTe GI 2LW Approved by ord¢r of the boatd of trust¢es on 23 April 2026 and signed on its behalf by: Mr A Sil*erdale- Trusts¢ Pa8e 2

INI DEPENDENT EXAMtNER'S REP RTTOTHET GARNETHILL SYNAGOGUE PRESERVATION TEES OF I repon on the ac¥QW)ts for the end¢d 31 Au8llSt 2025 set out on pa8es four to ¢l¢ven. RespetÉiYo re5pon$ibilitiets of trustee% and exllmintr The ¢liarity'S Iru51¢es are responfiibl¢ for the preparation of the ac¢oun15 in accordat]c¢ with the terj￿S of the Charities and Triil¢es consider That th¢ auOiE requir¢meiit of Regulation 10111(al to 1¢) of the Accounts Regulations do¢$ not apply. It is niy r¢5POlisibility to th¢ accounts as required under Section 4411}Icl of the Act and io state whether p&rticular mattcts h8Vt comc to niy allention. Tlgsts of the IDdependent exam5ner'¥ report fvly ekaiainAiioD w.a5 carried out in akn¥ordancc with Regulation I l of the Char&iie$ Aeeounts (Scotland) Regulations 2006. An t%￿nillatIon ill¥ll￿¢s a riview of th¢ acciiiiniin8 TeMTds k¢pt by the charity and a comparison of the accounts prtStnted with dios¢ records. It allo inclLides consid¢[al￿on of any unu&ual ittms or di5closur¢s in the accounls. and scek'irtg explanat10115 froitt yoii 05 triisltts concern&ng any such maii¢r5. The procedur¢s undertaken do noi provide all tlie evideiite that would be required in an audit. and consequently I do not express an audit opinion ort the vsew given bv ihe ac£ounts. Independent examiner's statement In col￿e￿liOn with n)y ¢Xdniinaiion, no matter ha$ come to niy attention 11) whiih Bifveg reasonable cai)5t to Etlievc that, in ￿lY mal¢riai re5pecL the requireni¢nts to keep accounting records in accordan¥e with S¢clion 44(1)lal of the 2005 Aet And Regulatsott 4 Of tile 2006 At￿Ount5 Regulationb, and to prepare accounts which ￿Cord with the accounting records and to ¢Otnply with R¢gulèiion 8 of the 2006 Accounts Re8ulalions h&ve not been tnet,. or (2) t¢ which. in Jny OPiDion, atteiiiion should be draiw in order to ¢nable a proper uaderslanding of th¢ accounts to r¢achtd. Shiart A McBidn. BAL¥ CA The Inslituie of Cliarttred A¥iountaiils of Scotland D M ￿l￿Naught & Co Ltd ChiTrrtered A¢¥Olllllaiils 166 Biich&nan StrcL4t Lanark-Iiir¢ GI 2LW 23 April 20?6 Page 3

THJLL SYNAGOGU PRESERVATI NTRU STATEMENT OF FLY. AN IAL ACTIVITI FOR THE YEAII ENDED 31 AUGUST2025 31.825 I'oial fJiids 31.8.24 Toial funds Unrcs1rLwtsd fi]nds Restrici¢d fund Not¢5 INCO￿￿ AND ENDOWMENTS FROM Donations and legacies 38,643 38,643 35.011 Inve51meni itJcom¢ Other tnconi¢ 15,075 15,075 14,975 Total 53.718 EXPENDITURE ON CharitAble ACti￿dea Charitable activities 44.697 44.697 48.784 r4ET INCOME 9,021 9,021 8.907 RECONCILIATION OF FUNDS Toial funds brought fon&2rd 411.911 403,0( TOTAL FUNDS CARRIED FORWARD 420 932 420 932 Th¢ notes fonn part of thes¢ fin&n¢ial sut¢Lnenrs Pag¢ 4

CARNETHILL STrT4AGOG PRESERVATI UST ALAISCE SH 31 ADGUST2025 3 1.8.25 Totsl fi)nds 31.8.24 Total funds Unrestri¢*d funds Restricted fund Notes FIXED ASSETS Tanblible ass¢ts 320,000 320.00 320,000 CURRENT ASSETS Debii)rs Cash at bank 823 100679 823 100,679 101.502 101,502 92,451 CREDITORS Amount5 fallillg due within one ye&r 15701 1570) (540) NET CURRENT A8bETS 100.932 100 932 TOTAL ASSETS LESS CURRENT LIABILITIES 420.932 420,932 NET ASSETS 420,932 420 932 FUNDS Urtrestricttd funds 420 932 411.911 TOTAL FUbU)S 420 932 411911 The cliarilable coiiipany 18 aititl¢d io exe￿ptIon from audit under Sectiott 477 of th¢ Compatties Act 2006 for the y¢ar ¢nd¢d 31 A￿Ust 2025. lkne m¥nibers hai'c not re41iiired the coiiipaiiy io obtain an audit of its financial srai¢ments for the year ended 31 Augu￿ 2075 in a¢rordance with Secrion 476 of the CoTnpanies Act 2006. The trusleei atknowledge their r¢spoD5ibiliiies for (al ensiiring thai the ch￿ilabl¢ wi7mp￿Y keeps accounting rewrds that CQTnply with Sections 386 and 387 of th¢ Coiiipaiii¢s Act 2006 ￿ld pieparing fiiiancial staienients whirh give a true and fair view of the stale of affairs of the charitsble company as al the ¢nd of e1￿h finan￿la1 year and of its surylu5 or deficit for eaknh fmancial year in accordance with the TeqUIr￿li¢nts of Serlions 394 and 395 and w11i￿h oth¢rwi<e comply with the requirern¢nts of the Conipani¢s Act 2006 relaling to finAn￿la1 5tal¢menis, so far as Èpplirable to the charitable ¢onipany. Ib) Th¢ nol¢s forjn part of these financial statements Pa8e 5 Continued...

GARN THILL SYNAGOGUE P SERV ST BALAh'CE SHE 31 AUGUST2025 con iDue¢J These fJnan¢i3151ai¢ni¢lllS hakt bttn prepared in arcordance with the provisioll5 #pplicabl¢ to chariihble ¢oInpanies subj¢clto the sm811 companies regime. Tht fJngn¥ial slalen)¢nts were approved by the Board of Trustees amd audiori￿d for issue on 23 April 2026 and were signed on its. behaifby: Mr A Silverdale. Trusle¢ The no*$ fom part of these financial statements Pa¥e 6

GARNETHILL SYNACOGUE SERVATION UST NOTES TO THE FINA L STATEM FOR THE YFAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES Ba%is ¢bf prepsring the fma]JcS2l statements The final)￿la1 Slalcmenis of the cliaritable comp￿lY, which is a public benefit ¢nlity under FRS 102, have be￿7 prepared in accordance with Cliatrilies SORP (FRS 1021 'Acctsunting and Re￿rtIng by Charities,. Stalenient of Re¢omin¢nded Praclice applicabl¢ to cliariiies preparin8 their accounts in accordan¢¢ with the Financial Repvrtiiig Siandétrd appliknablt in the UK and Republic of Ireland IFRS 102) {effe¢ti*e l Jaiiuary 2019}', Finall￿18] Reportlllb st￿]d9rd 102 Tlie Financ￿] Repofting Standard applicable in th¢ UK and Republic of Ireland, and the Companies Aci 2006. The fiothcia] staiem¢nts have b¢en prepared under the hislorical cosi COn￿e1]tIOn. ID¢ome All iii¢ome is iethgniltd in th¢ Staiement of Finaiicial Activities onc¢ the charity has eniitlem¢nt to th¢ fund5, It IS Probable that the in¥ome will be recei￿ed and tlie amount can b¢ measured reliably. EXp¢￿dIt￿rtr Liabiliries ar¢ ￿c0s￿1sed as expenditure as soon as there is a l¢gal or ¥onstru¢tive obligation committing the charity 10 that t.Kptnditu￿, it Is probabl¢ thai a transfer of c¢ononiic benefits will be requii¢d in £ettlement and the attiount of thc obli891ioii cali be mta4ured reliably. E.xp¥n(fiturt is actounled for on an acknfu21s b&%is and ha% been clas>ified under hegdin8a that aggregate zll cost related to the Cdi¢gory. Wh¢r¢ Costs cannot be directly amributed io particular headin8$ ihey have b¢¢n allo¢ttcd to aciivilie5 on a ba5&S C(TrtLsisient with the use of rebodrce5. Taxgtion The cliaiity is exenipt from Ciirpordlion tax on its chgrt12hle actiwities. Furtd 4¢eountlllg u￿c)Irlltcd funds can b¢ 115ed in accordance with the charitabl¢ objecliv¢s at the dis¢r¢lion orth¢ trustee5. Reslricted fijnds can only bc use4J for particular restri¢t¢d purposes wthin the objects of the ¢lLarity. Restrictions arise ivh¢o spvcified by Ihe donor or when fuiids are raised for p&rticular r¢slricled purposts. Furllier explan81ion of die naiure and puJpos¢ of e4ch fiind is in¢liided in the notes to the financial 81aittJJients. INVESTMENT INCOME 31.8.25 31.824 Reiils received 14,975 TRUSTEES, REMbNERATION AND BENEFITS Thei¢ were no trusie<s' rcJiiun¢i4lion or other ben¢fits for th¢ y¢ar end¢d 31 Augu$t 2025 nor for the year end¢d 31 Augu￿ 20.4. Tru5tees' expenses Th¢r¢ wtre 31 Augusi 20.4. trLiSle¢s' expen5e.s paid for tile Jear ended 31 Augusr 2025 nor for the year ended Page 7 continued...

ARNETHILL S AGOGUE PRESERV TION RUST NOTES TO THE FINANC STATEMENTS- co FOR THE YEAR ENDED 31 AUGUST 202? nued COMPAIUTIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES UJJr¢%tri¥led funds Restriited fijnd Toial fund5 INCOME AfqD ENDOWMENTS FROM Donation5 and legacies 35,OLI 35.011 Invtslm¢nt income Other incomc 14.975 14,975 7,705 Tot81 57.691 EXPENDrruRE ON Cbaritible aedvlties Chasiiable activit￿e$ NET INCOME 8.907 8.907 RECONCILIATION OF FUNDS Tolal fund5 brought fOr￿￿d 403,004 403.004 TOTAL FUNDS CARIUED FORWARD TANGllBI￿ FIXED ASSETS Hetiiable land and biiildiiigs COST At I Seplembcr 2024 and 31 August 2025 NET BOOK VALUE At 31 August 2025 320 000 Ai 31 Ausust 2024 320 000 Pag¢ 8 oniinu¢d.-.

GARNETHILL SYNA E PRESERVATI RUST OTES TO TH AINCIAL STA TEMEIYTS- c Ff)R T14E YEAR ENDED 31 AUGUST 2025 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.8.25 3 1.8.24 Prepavments 823 CREDITORS: AMOUNTS FALLIYI G DUE WITHIIY ONE YEAR 31.8.25 31.8.24 AccNed expeiis¢s 570 540 OVEMENT JN FUNDS Net moveni¢nt in fimd5 At 31.8.25 Ai 1.9.24 Unrestricted fo￿d5 Geneial Fund Designated Emergency Fund Boiler Room Re%eTre 343.911 68.000 2,021 345.932 68,0th) 7.noo 9.021 420 932 TOTAL FUNDS 9,021 420 932 Net MO￿tment in funds. inrluded in th¢ aboie are as folloi%s-. In¢oming rtwurces R¢source5 expendc4J ovement in funds UDr¢stritted fuJJds G¢n¢ral Fund Boiler Room Reserv¢ 43,718 io,o(x) (41.6971 2.021 53,718 44,69 TOTAL FUNDS 53,718 Pa8¢ 9 cotttirtu¢d...

GARNETHILL SYNAGOG PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMEFiTS- FOR THE YEARENDED 3 UGUST 2025 ued MOVEMEFU IN FUNDS- continued ComparAtRYes for movem¢Dt kn lunds Net motr¢m¢nt in funds At 3 L.8.24 At 1.9.23 Unrestricted fundj General Fund Designaitd Emergency Fund 335,004 8.907 343,911 68,000 401.004 8.907 TOTAL FUNDS Comparativ¢ nei mov¢ment in fithds, included in the above are as follows.. Incotnin8 re5tsufLes R¢source5 elpended Movem¢nl in funds Unresirieted fullds General Fund 57,691 (48,7841 8.907 TOTAL FUNDS 8,907 A current year 12 months And ptiOT year 12 rnonths combined position is as follow5: ct moveJn¢nt ID funds At 31.8.25 At 1.9.23 Ullre5tri¢ied fund5 General Fund Designated Emergency Fund Boil¢r Room Reserve 335,004 68.000 10.928 345.932 68,000 403 004 17.928 420 932 TOTAL FUNDS 403 004 420,932 Pag¢ 10 Continued...

GARhTTHILL SYNAGOGUE PRESERVATION NOTES TO THE FINANCIA ATEMENTS- FOR THF. YEAR ENDED 31 AUGUST202S OVEMENT IN FUiYDS- conilnued A curr¢Trt year 12 inonihs and prior y¢ar 12 nionihs conibin¢d net movetn¢nt irt fund4 included in th¢ ab)ve are follo￿.$.. Incoming resources Re50urce5 exp¢nd¢d MoTremeni in fimds UDre51rletéd funds Geiieral Fund Boiler Rooill Rtkrve 101.409 10,000 (90,4811 10,928 7,000 111409 17.928 TOTAL FUNDS 17.928 As slaLed in the R¢port ofthe Trusiees. the Board have in place a polt¢y whereby an amoknrtl equivalent to yeats, to￿1 income is allocdled to a Designaied Em¢rgen¢y Fund. As ai 31 AugLlSt 2025, £68,￿0 been allocated to tlie Deqignaied Em¢r8¢n￿l Fund. This fund will be used foT ￿1V fuhire enier8enby> significant repair works requited to tlie s}1￿8￿gUe QT flat. Al.w. during the year the charity received donations of £10,000 which were ￿lOCated to a separate fiind. for the puriK- 15es of planiied works to the boilcr rootn within th¢ sJtta808ue. As ai 31 August 2025. £7.000 unspent. RELATED PARTY DI.SCLOSURES '.& year £25.000 (2024 £27,5¢MI was donated to the diaritable cosnpftny by GaTn¢thill Htbiew Congr¢¥atio￿ in re4pect of Tegular contributions towards the upkcep mainienarKe of the synagogue. Garnethill Hebr¥iW c.O￿g[tb￿gI10n is a Tegisi¢r¢d Scvllish charily, which opKr41¢s from th¢ synagogue and num¢roiis Tru51¢e5 in cominon with Gam¢thill SJ"nagogue Pr¢s¢rvaiion Trnst. Pa8e 11

GARNETHI L SYNAGOGUE PRE RVATION TRiJST DETAILED STATEMENT OF FJNANCIAL OR THE YEAR EIDED31 AUGU T 2025 31.8.25 31.8.24 INCOME AL¥D ENDOWMENTS DonatioD$ And leyties Donatio]Js 38,643 IDvestmeDt kncome R¢ois received 15,D75 14.975 Otber income Other incorne VAT reclaimed 5.490 2,215 Total incotykne resour¢es 53,718 57,691 EXPENDITURE Support ¢ost8 Management InsutatKe Li8ht and heal Tclephone and ini¢met Repairs and n)ainlenan¢e 6,645 16,344 1,124 17,014 6,387 17.209 1.580 23,068 41.127 GoverDallce tost8 A￿coUn1¥*ncY fee8 Legal and profe5&ional f¢¢5 570 3.000 540 540 To￿[ resources expended 44,697 48.784 8,907 This pa8e does not fortn part of the srawiory fin8tluial sthtefflett15 Page 12