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Company registration number:
16069800
Jewish Cultural Centre Wales
Company limited by guarantee
Unaudited Financial Statements for the period ended
30 November 2025
Fortune Financials Ltd
Oak House, Reeds Crescent, Watford, Hertfordshire, WD24 4QP, United Kingdom
Jewish Cultural Centre Wales
Officers and Professional Advisers
Period ended
30 November 2025
Directors
Professor N Abrams
(appointed
22 August 2025
)
H Atkinson
(appointed
22 August 2025
)
D Bearman
(appointed
19 February 2025
)
E Clifford
(appointed
22 August 2025
)
T Davies
(appointed
19 February 2025
)
Sir A Haines
(appointed
15 September 2025
)
S Isaacs
(appointed
3 April 2025
)
Reverend D Powell
(appointed
15 September 2025
)
K Powell
(appointed
15 September 2025
)
E Rose
(appointed
22 August 2025
)
J Harding-Richards
(appointed
19 February 2025
and resigned
28 March 2025
)
Dr J Lomas
(appointed
8 November 2024
and resigned
19 February 2025
)
N Richardson
(appointed
8 November 2024
and resigned
19 February 2025
)
Registered office
Primrose Hill House
Church Street
Merthyr Tydfil
CF47 0EE
Wales
Accountant
Fortune Financials Ltd
Oak House
Reeds Crescent
Watford
Hertfordshire
WD24 4QP
United Kingdom
Jewish Cultural Centre Wales
Directors' Report
Period ended
30 November 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Directors of the Jewish Cultural Centre Wales oversees the Company’s operations and programme of work, and they are to be thanked for the time and effort that they provide.
Risk management policy
The Directors have identified and reviewed the major risks to which the Company is exposed. Checks are regularly invoked, particularly those relating to the operations and finance. The Directors are satisfied that these systems and procedures mitigate any perceived risks.
OBJECTIVES AND ACTIVITIES
The Company's objects are restricted specifically, in each case only for the public benefit.
1) To advance education for the public benefit in Welsh Jewish heritage and culture and Jewish heritage and culture more broadly by the restoration and preservation of the former synagogue in Merthyr Tydfil for the establishment of a heritage centre which will provide permanent, temporary and touring exhibitions and artefacts and facilities and opportunities for artistic and cultural events and activities aligned to associated themes of migration and integration, social cohesion and tolerance.
2) The promotion and appreciation of the arts, including music and drama, in particular but not exclusively, through the display of art in public exhibitions, concerts/recitals and performances, art installations and other arts events.
3) To further or benefit the residents of Merthyr Tydfil and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents by the provision of premises for use by the community.
ACHIEVEMENTS AND PERFORMANCE
The Jewish Cultural Centre Wales was established in 2025 as a company and registered charity to take forward the special project seeking to preserve the historic former synagogue in Merthyr Tydfil in Wales and create a national Welsh Jewish Cultural Centre at the site.
Merthyr Tydfil was the industrial powerhouse of Wales in the 19th century and its largest town. There has been a Jewish presence in Merthyr since the 1830s and the construction of a synagogue in the 1870s reflected a community that was growing and prospering.
Merthyr Tydfil synagogue is a stone structure designed in Gothic Revival style, and the oldest purpose-built synagogue still standing in Wales. Today it is considered architecturally one of the most important synagogues in the UK, and it was awarded grade II listed status.
The Jewish community of Merthyr came to an end in 1983 when the synagogue was sold. Since that time, the building was used for several purposes. However, from 2006 onwards it has been lying empty, its condition deteriorating, the fabric of the building seriously compromised with a gaping hole in the roof and broken windows. It was eventually added to the ‘heritage at risk’ register by the Welsh Government.
The synagogue was put up for sale creating an opportunity to consider its future. The Foundation for Jewish Heritage (FJH), which is a UK registered charity that works on preserving Jewish heritage in danger, began seeking views on the idea of creating a national ‘Welsh Jewish Cultural Centre’ based at the synagogue that would present the 250+ year history of the Welsh Jewish community and provide a new social, educational and cultural venue for Merthyr, and for Wales as a whole.
A Feasibility Study funded by the Muriel and Gershon Coren Charitable Foundation was undertaken to consider the Cultural Centre proposal which concluded that the idea was viable. FJH proceeded to raise the funds which enabled it to buy the synagogue in 2019. It then carried out immediate repairs to stabilise the building with financial support from Cadw and other charitable trusts. FJH also established a project Steering Committee as a sub-committee of the FJH Board chaired by Trustee Stephen Goldman.
The project advanced and a Business Plan was undertaken funded by the Architectural Heritage Fund. The synagogue was visited by HRH the Prince of Wales (now King Charles III) and the Welsh First Minister. Funding was then secured from the National Lottery Heritage Fund, the Welsh Government and Merthyr Tydfil County Borough Council in order to undertake a Development (planning) Phase. A professional team was recruited for this led by Project Manager Neil Richardson. This phase was completed in autumn 2025 and included (a) purchasing the next door building, the grade II Primrose Hill House, to give the project the full physical capacity to deliver what is a national project and (b) creating the Jewish Cultural Centre Wales (JCCW) as a company and charity establishing a legal entity fully dedicated to the project chaired by FJH Trustee David Bearman.
The next stage is securing Delivery (capital works) Phase funding and joint JCCW FJH applications have been submitted to the National Lottery, Welsh Government and a number of private Trusts and Foundations.
It is planned that the Cultural Centre once open will convey the life and contribution of the Welsh Jewish community covering its history and traditions, social, religious, and cultural activities, the Jewish calendar and life cycle, relations with wider society, and the impact of world events. It will also provide a context for discussing contemporary issues regarding religious and ethnic diversity, fostering inter-faith and inter-cultural dialogue, promoting understanding while combating ignorance, racism and antisemitism.
FINANCIAL REVIEW
The Company's expenditure is closely monitored.
Reserves policy
It is the policy of the charity to maintain unrestricted funds, which are the free reserve of the charity, at a level which the Trustees think appropriate in order to meet the current and foreseeable future commitments of the charity.
PLANS FOR THE FUTURE
In the 25/26 financial year, the Jewish Cultural Centre Wales will learn if it has been successful in securing funding for the Delivery Phase of the Welsh Jewish Cultural Centre project.
Assuming the funding is secured, the project to carry out the capital works will begin, and ensuring the success of the Delivery Phase will be the central focus of JCCW’s activities. This stage will first involve the procurement process to secure the professional team who will carry out the works.
The Directors will guide this next stage of the project, overseeing the work of the Steering Committee and several Working Groups that will be established to address specific aspects of the project. The Directors will also provide close oversight of the management of the funding.
The Directors will also liaise closely with the Foundation for Jewish Heritage which will remain involved in the project as a formal partner. A service agreement has been established by the two bodies. There are also a number of other community/cultural/educational organisations that JCCW will be collaborating with as the programming aspect of the new Cultural Centre is fully refined and resolved.
Assuming that the funding is secured, the opening of the Centre is expected to be Autum 2028.

Directors

The directors who served the company during the period were as follows:
Professor N Abrams
(appointed
22 August 2025
)
H Atkinson
(appointed
22 August 2025
)
D Bearman
(appointed
19 February 2025
)
E Clifford
(appointed
22 August 2025
)
T Davies
(appointed
19 February 2025
)
Sir A Haines
(appointed
15 September 2025
)
S Isaacs
(appointed
3 April 2025
)
Reverend D Powell
(appointed
15 September 2025
)
K Powell
(appointed
15 September 2025
)
E Rose
(appointed
22 August 2025
)
J Harding-Richards
(appointed
19 February 2025
and resigned
28 March 2025
)
Dr J Lomas
(appointed
8 November 2024
and resigned
19 February 2025
)
N Richardson
(appointed
8 November 2024
and resigned
19 February 2025
)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
30 March 2026
and signed on behalf of the board by:
D Bearman
Director
Jewish Cultural Centre Wales
Report to the board of directors on the preparation of the unaudited statutory financial statements of Jewish Cultural Centre Wales
Period ended
30 November 2025
As described on the statement of financial position, the Board of Directors of
Jewish Cultural Centre Wales
are responsible for the preparation of the
financial statements
for the period ended
30 November 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Fortune Financials Ltd
Oak House
Reeds Crescent
Watford
Hertfordshire
WD24 4QP
United Kingdom
Date:
30 March 2026
Jewish Cultural Centre Wales
Income Statement
Period ended
30 November 2025
Period from 8 Nov 2024 to 30 Nov 2025
£
Turnover
6,000
 
Gross surplus
6,000
 
Administrative expenses
(1,382
)
Operating surplus
4,618
 
Surplus before tax
4,618
 
Tax on surplus -  
Surplus for the financial period
4,618
 
The company has no other recognised items of income or expense other than the results for the period as set out above.
Jewish Cultural Centre Wales
Statement of Financial Position
30 November 2025
30 Nov 2025
Note£
Current assets  
Cash at bank and in hand
4,790
 
Creditors: amounts falling due within one year 5
(172
)
Net current assets
4,618
 
Total assets less current liabilities 4,618  
Capital and reserves  
Income and expenditure account
4,618
 
Members funds
4,618
 
For the period ending
30 November 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
30 March 2026
, and are signed on behalf of the board by:
D Bearman
Director
Company registration number:
16069800
Jewish Cultural Centre Wales
Notes to the Financial Statements
Period ended
30 November 2025

1 General information

The company is a private company limited by guarantee and is registered in England and Wales. The address of the registered office is
Primrose Hill House
,
Church Street
,
Merthyr Tydfil
,
CF47 0EE
, Wales.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in surplus or deficit. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in surplus or deficit.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in surplus or deficit immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in surplus or deficit immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was nil.

5 Creditors: amounts falling due within one year

30 Nov 2025
£
Other creditors
172