Whitefield Hebrew Congregation - Charities report

REGISTERED COMPANY NUMBER: 09031058 (England and Wales)

REGISTERED CHARITY NUMBER: 1164798

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Whitefield Hebrew Congregation

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Cash Flow Statement

10

Notes to the Cash Flow Statement

11

Notes to the Financial Statements

12

to

20

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 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).

This report and financial statements should be read in conjunction with the Annual Report published by Whitefield Hebrew Congregation.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Whitefield Hebrew Congregation is a company limited by guarantee in accordance with the latest regulations.

Our company's aims and objectives are formally stated to be as follows:-

To promote the Jewish religion in accordance with the customs, ceremonies and traditions of orthodox judaism by:

(A) Providing and maintaining in Whitefield a place of worship, religious services and education for the benefit of the orthodox community in Whitefield.

(B) Providing burial facilities in accordance with the requirements of orthodox Judaism.

(C) Promoting pastoral and cultural support and social and recreational activities.

This is achieved by the operation of a synagogue and social events at the Congregation's premises, together with support for other Jewish and non- Jewish charities in accordance with Jewish law. The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion, when reviewing the Congregation's aims and objectives and in planning future activities

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The charity continues to meet its objectives, with membership remaining stable throughout the year. Events and services have continued to expand, and our charitable and religious programmes now offer an ever-growing range of opportunities for the whole community.

We have seen particular growth in both our educational and social events for adults. At our core, we remain committed to modern orthodox Judaism, Israel, education, social activities, and caring for our members.

We continue to connect with hundreds of people through our wide variety of programmes.

Through initiatives such as Kesher Connect, we continue to offer vital support to members, arranging meals, shopping, medical appointments, phone calls, and home visits. We distribute charitable funds to needy causes both locally, nationally, and internationally.

We also support members who have lost a loved one by arranging funerals and organising prayer services in the homes of mourners. In addition, we welcome visits from the wider community, particularly schools. hosted by our dedicated volunteers.

Our community continues to be inspired and led by Rabbi Ephraim, Rebbetzen Malki, and our Community Director, Mychiel Balshine, whose energy and dedication strengthen us all. We are equally grateful to the countless volunteers who give so much of their time in both official and unofficial roles. Without them, none

of our achievements would be possible.

We are fortunate to have a strong professional team. Hayley Showman in her role as General Manager, and Saul & Chani Bishop continue to make a hugely positive impact as Youth Directors.

Our office team-Francine Levy and Andrea Sayers-together with our caretakers Dougie, Alison, and Chris keep everything running smoothly.

We remain appreciative of the Gefen and Cohen families, whose contributions to our daily life are invaluable.

The focus of our annual Kol Nidrei appeal was education provision this year and we were overwhelmed by the generosity of our members, and the fact we were able to secure a family to match-fund made this extra special. This will allow us to invest further in this most important aspect of community life.

I extend my thanks to my Executive colleagues and Board members, who volunteer their time and expertise with dedication and talent, guiding the development of our growing community.

Special recognition must also go to our security team and volunteer rota, which unfortunately continues to grow as required and to Jan Levinson, our Honorary Solicitor, and to Richard Zoltie, our Independent

Examiner, for their invaluable work.

The building upgrade and refurbishment programme is still one of our main focusses, with a view to providing facilities which meet the needs of our community.

Our focus remains on providing outstanding services to all our members and ensuring that those in need receive support.

To all who have suffered a bereavement this past year, we wish you arichus yomim-a "long life". And to all who have celebrated a simcha, we extend a heartfelt mazeltov.

May the year ahead bring good health, strength, and blessings to us all.

FINANCIAL REVIEW

Financial review

Financial performance and position

The charity reported total income of £740,002 for the year ended 31 December 2025, compared with £640,555 in 2024. Total expenditure was £693,990, compared with £658,307 in the previous year. This resulted in net income, and a corresponding increase in total funds, of £46,012, compared with net expenditure of £37,752 in 2024. Total funds at 31 December 2025 were £2,320,758, comprising unrestricted funds of £1,170,916 and restricted funds of £1,149,842.

The increase in income was principally attributable to higher donations and legacies, which rose from £567,815 to £636,903. Members' subscriptions increased from £393,713 to £404,195, while income from Burial Board entry fees increased from £26,149 to £49,067. Income for community enrichment activities was £38,306, compared with £8,712 in the previous year. The charity also received insurance proceeds of £26,405 during the year. Other trading activities, which are all primary purpose, generated income of £64,643, compared with £61,695 in 2024, and investment income increased to £12,051 from £11,045, although £2,000 of this is a charge to the unrestricted fund from the Burial Board as an interest charge.

Expenditure on charitable activities increased from £629,055 to £693,990. Staff costs increased from £285,329 to £306,095, while repairs and maintenance expenditure increased from £46,185 to £63,252. Security costs also increased from £13,122 to £21,715. Expenditure of £28,688 was incurred in respect of WHC Property costs. These increases were partly offset by lower funeral and foundation costs and the absence of the exceptional legal fees of £29,252 incurred in 2024.

The unrestricted General Fund recorded net expenditure of £6,549 before transfers and closed at £1,170,916. Restricted funds generated net income of £52,561 and, after net transfers into restricted funds of £4,772, closed at £1,149,842. The Burial Board generated a surplus of £44,929 and closed the year with funds of £1,112,830. A new Education Fund, as a result of the Yom Kippur appeal towards the end of the year received income of £38,306, incurred expenditure of £1,400 and closed with a balance of £36,906.

At 31 December 2025, the charity had net current assets of £1,248,787, compared with £1,199,581 at 31 December 2024. Cash at bank and in hand increased from £760,433 to £835,827, while creditors falling due within one year increased from £54,272 to £81,405. The trustees therefore consider that the charity remains in a sound overall financial position, while recognising the continuing need to manage increasing employment, property, security and other operating costs.

Principal funding sources

The charity's principal sources of funding continue to be members' subscriptions, donations, Gift Aid and other contributions from members and supporters. These funds support the operation of the synagogue and the provision of religious, educational, pastoral, social, youth, burial and community activities. The trustees remain grateful to members and supporters for their continuing financial commitment to the Congregation.

Reserves policy

The trustees recognise the importance of maintaining an appropriate level of unrestricted reserves to support the charity's continuing activities, meet short-term financial obligations and provide protection against unforeseen expenditure or reductions in income.

At 31 December 2025, the charity held total funds of £2,320,758, of which £1,149,842 comprised restricted funds that are not available for the charity's general purposes. Unrestricted funds were £1,170,916. Of the charity's unrestricted funds, £677,446 was represented by unrestricted fixed assets and investments. On this basis, the charity's free reserves were approximately £493,470 at the year end.

The General Fund also includes the effect of amounts due to the Burial Board restricted fund, which stood at £280k at the year end having reduced by just over £10k from the previous year. The trustees will continue to monitor the level, liquidity and composition of unrestricted

FUTURE PLANS

Our purpose to promote Jewish religion remains unchanged. We believe that our services must adapt and change in line with the needs of the community.

In this ever-changing world, we want to provide for all our communal needs by turning the building in to a community hub, accessible to all people of all ages. A place where everyone will feel valued, welcomed and respected, a centre that is fit for purpose for the next twenty to thirty years. We have a committee who are tasked with undertaking a comprehensive assessment of the existing building and propose options of how the building can be developed to suit our longer-term needs. We anticipate that fundraising for the building work will commence in the very near future as it will be required prior to the commencement of the first phase of the project.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The Board of trustees, who are also Directors of the company administers the charity. The Board meets every 2 months, and there are sub-committees covering social, education, Kesher Connect, religion, financial and building matters.

Risk management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Directors have a risk management strategy which comprises:

- A review of the principal risks and uncertainties that the charity faces

- The establishment of policies, systems and procedures to mitigate those risks identified in the review; and

- The implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise.

In the current financial climate, the charity has identified the following financial risks:

- Economic uncertainty brought about by the cost of living crisis, and the associated loss of income from reduced membership fees

- The spiralling costs of running the synagogue building

- The deterioration of the fabric of the synagogue building

- Pressure placed on voluntary charitable contributions

- The long term decline in young families joining synagogues, and hence the potential reduction in members.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

09031058 (England and Wales)

Registered Charity number

1164798

Registered office

Park Lane

Whitefield

Manchester

M45 7PB

Trustees

E Horwich

M Jayson (appointed 1/5/2025)

T S Leigh

M E Leinhardt

Dr F Maynard

Mrs J Berger

S Levine (resigned 1/5/2026)

S D Phillips

R C Miller

G A Levine

Mrs M L Calmonson

Mrs D Journo (resigned 1/5/2026)

D A Pinkus

R Bradstock

N J Weinstein (appointed 6/5/2026)

R I Cohen (appointed 7/5/2026)

Independent Examiner

R Zoltie & Co

84 Park Lane

Whitefield

Manchester

M45 7PL

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 13 October 2026 and signed on its behalf by:

D A Pinkus - Trustee

Independent examiner's report to the trustees of Whitefield Hebrew Congregation ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Richard Zoltie CA

The Institute of Chartered Accountants of Scotland

R Zoltie & Co

84 Park Lane

Whitefield

Manchester

M45 7PL

13 October 2026

2025

2024

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

479,021

157,882

636,903

567,815

Other trading activities

3

62,283

2,360

64,643

61,695

Investment income

4

4,991

7,060

12,051

11,045

Other income

26,405

-

26,405

-

Total

572,700

167,302

740,002

640,555

EXPENDITURE ON

Charitable activities

5

Charitable activities

579,249

114,741

693,990

629,055

Other

8

-

29,252

Total

579,249

114,741

693,990

658,307

Net gains/(losses) on investments

-

(20,000

)

NET INCOME/(EXPENDITURE)

(6,549

)

52,561

46,012

(37,752

)

Transfers between funds

19

(4,666

)

4,666

-

Net movement in funds

(11,215

)

57,227

46,012

(37,752

)

RECONCILIATION OF FUNDS

Total funds brought forward

1,182,237

1,092,509

2,274,746

2,312,498

TOTAL FUNDS CARRIED FORWARD

1,171,022

1,149,736

2,320,758

2,274,746

2025

2024

Notes

£

FIXED ASSETS

Tangible assets

13

1,071,970

1,075,164

Investments

14

1

1,071,971

1,075,165

CURRENT ASSETS

Debtors

15

486,022

485,457

Prepayments and accrued income

8,343

7,963

Cash at bank and in hand

835,827

760,433

1,330,192

1,253,853

CREDITORS

Amounts falling due within one year

16

(81,405

)

(54,272

)

NET CURRENT ASSETS

1,248,787

1,199,581

TOTAL ASSETS LESS CURRENT LIABILITIES

2,320,758

2,274,746

CREDITORS

Amounts falling due after more than one year

-

NET ASSETS

2,320,758

2,274,746

FUNDS

19

Unrestricted funds:

General fund

1,171,022

1,182,237

Restricted funds:

Burial Board

1,112,830

1,067,901

Eruv Fund

-

(6,553

)

Building Levy

-

29,380

Mikva refurbishment

-

1,781

Education Fund

36,906

-

1,149,736

1,092,509

TOTAL FUNDS

2,320,758

2,274,746

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2026 and were signed on its behalf by:

D A Pinkus - Trustee

M Jayson - Trustee

Cash flows from operating activities

Cash generated from operations

1

86,224

(6,449

)

Net cash provided by/(used in) operating activities

86,224

(6,449

)

Cash flows from investing activities

Purchase of tangible fixed assets

(3,766

)

(469

)

Sale of investment property

-

160,000

Loan to subsidiary undertaking

(7,064

)

(33,835

)

Net cash (used in)/provided by investing activities

(10,830

)

125,696

Change in cash and cash equivalents in

the reporting period

75,394

119,247

Cash and cash equivalents at the

beginning of the reporting period

760,433

641,186

Cash and cash equivalents at the end of

the reporting period

835,827

760,433

1.	RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

Net income/(expenditure) for the reporting period (as per the Statement

of Financial Activities)

46,012

(37,752

)

Adjustments for:

Depreciation charges

6,960

7,501

Losses on investments

-

20,000

Decrease in debtors

6,119

7,371

Increase/(decrease) in creditors

27,133

(3,569

)

Net cash provided by/(used in) operations

86,224

(6,449

)

2.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.25

Cash flow

At 31.12.25

£

Net cash

Cash at bank and in hand

760,433

75,394

835,827

760,433

75,394

835,827

Total

760,433

75,394

835,827

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Whitefield Hebrew Congregation as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Burial Grounds & Ohel

-

not provided

Fixtures and fittings

-

10% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from corporation 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.

Building Levy

This represents funds specifically levied on the membership to carry out major capital/repair projects.

Burial Board

This represents funds raised for the provision of funeral and associated services on the death of a member of the Burial Board.

Eruv Fund

This represents funds raised for the provision of an Eruv which is a ritual enclosure that traditionally observant Jewish communities construct in their neighbourhoods as a way to permit the transference of objects from one area to another.

Mikva Refurbishment Fund

This represents funds raised to refurbish the Mikva, which is a ritual bath.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	DONATIONS AND LEGACIES

2025

2024

£

Members' subscriptions

404,195

393,713

Offerings and donations

42,746

44,735

Gift aid

85,580

82,051

Reserved graves

1,050

1,650

Permit & foundation fees

14,344

5,838

Other income

1,615

4,750

Entry fees

49,067

26,149

Legacies

-

217

YKA - Community enrichment

38,306

8,712

636,903

567,815

3.	OTHER TRADING ACTIVITIES

2025

2024

£

Hall hire etc

4,383

5,719

Kiddushim etc

18,133

19,625

Yahrzeit plaques

1,100

2,000

Mikva

18,412

7,105

EL Ohel

2,360

3,500

Shul events

20,255

23,746

64,643

61,695

4.	INVESTMENT INCOME

2025

2024

£

Bank interest

10,051

9,045

Compensation for lost interest

2,000

12,051

11,045

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

Charitable activities

690,850

3,140

693,990

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

£

Staff costs

306,095

285,329

Hire of plant and machinery

995

1,541

Rates and water

3,726

2,770

Insurance

12,647

10,505

Electricity and gas

6,623

8,104

Telephone & IT expenses

5,601

5,221

Printing, post and stationery

1,646

1,743

Advertising & PPS

110

-

Cleaning and laundry

15,548

15,087

Repairs and maintenance

63,252

46,185

Affiliation fees and levies

5,888

6,986

Festivals, Kiddush & Events

66,700

65,328

Religious expenses

10,173

8,474

Presentations

-

225

YW, youth and teen expenses

2,707

5,770

Mikva expenses

10,099

8,790

WJYC expenses

5,787

3,901

Funeral expenses & foundations

47,759

57,745

General expenses & travelling

1,952

1,696

Miscellaneous expenses

13,673

9,206

Bank & credit card charges

7,505

6,595

Employee benefits

4,676

6,590

Barmitzvah/Batmitzvah expenses

4,332

6,614

Security

21,715

13,122

Professional fees

15,535

18,799

Children's services expenses

2,516

3,122

Computer running costs

607

277

General food expenses

5,620

5,550

Newsletter

2,600

2,750

Plaque expenses

119

255

Charitable donations

2,000

4,987

Premises expenses

-

238

Youth work expenditure

4,370

2,259

Leadership course expenses

318

528

Subscriptions

1,290

1,628

Training courses

72

-

Books and Seforim expenditure

946

350

WHC Property costs

28,688

-

Depreciation

6,960

7,501

690,850

625,771

7.	SUPPORT COSTS

Governance

costs

£

Charitable activities

3,140

Support costs, included in the above, are as follows:

Governance costs

2025

2024

Charitable

Total

activities

£

Accountancy and legal fees

1,080

960

Independent Examiner

1,400

Legal fees

660

924

3,140

3,284

8.

OTHER

2025

2024

£

Exceptional legal fees

-

29,252

Support costs

3,140

3,284

3,140

32,536

Exceptional legal costs

9.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Depreciation - owned assets

6,960

7,501

Hire of plant and machinery

995

1,541

10.	TRUSTEES' REMUNERATION AND BENEFITS

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

Trustees' expenses

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

11.	STAFF COSTS

2025

2024

£

Wages and salaries

281,793

263,367

Social security costs

19,417

17,251

Other pension costs

4,885

4,711

306,095

285,329

The average monthly number of employees during the year was as follows:

2025

2024

Charitable activities

5

Administration

3

Caretakers

3

11

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2025

2024

£60,001 - £70,000

1

-

12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

468,830

98,985

567,815

Other trading activities

58,195

3,500

61,695

Investment income

3,697

7,348

11,045

Total

530,722

109,833

640,555

EXPENDITURE ON

Charitable activities

535,609

93,446

629,055

Other

29,252

-

29,252

Total

564,861

93,446

658,307

Net gains/(losses) on investments

(20,000

)

-

(20,000

)

NET INCOME/(EXPENDITURE)

(54,139

)

16,387

(37,752

)

RECONCILIATION OF FUNDS

Total funds brought forward

1,236,376

1,076,122

2,312,498

TOTAL FUNDS CARRIED FORWARD

1,182,237

1,092,509

2,274,746

13.	TANGIBLE FIXED ASSETS

Burial

Fixtures

Freehold

Grounds &

and

property

Ohel

fittings

Totals

£

COST

At 1 January 2025

631,146

376,279

390,270

1,397,695

Additions

-

3,766

At 31 December 2025

631,146

376,279

394,036

1,401,461

DEPRECIATION

At 1 January 2025

-

322,531

Charge for year

-

6,960

At 31 December 2025

-

329,491

NET BOOK VALUE

At 31 December 2025

631,146

376,279

64,545

1,071,970

At 31 December 2024

631,146

376,279

67,739

1,075,164

14.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

MARKET VALUE

At 1 January 2025 and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

There were no investment assets outside the UK.

15.

DEBTORS

2025

2024

£

Amounts falling due within one year:

Trade debtors

73,562

79,848

Other debtors

10,994

11,207

84,556

91,055

Amounts falling due after more than one year:

Amounts owed by group undertakings

401,466

394,402

Aggregate amounts

486,022

485,457

16.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

19,531

23,176

Credit Card

2,105

3,113

Social security and other taxes

6,923

5,740

Young Whitefield

2,408

MRI Scan Fund

4,596

4,357

Other creditors

(213

)

(260

)

Pension fund

1,171

1,128

Accruals and deferred income

44,884

14,610

81,405

54,272

17.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments:

Loans to unrestricted fund

(279,940

)

(291,150

)

Loans from restricted funds

279,940

291,150

18.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

2025

2024

Unrestricted

Restricted

Total

funds

£

Fixed assets

677,446

394,524

1,071,970

1,075,164

Investments

1

-

1

Current assets

818,872

511,320

1,330,192

1,253,853

Current liabilities

(45,357

)

(36,048

)

(81,405

)

(54,272

)

Long term liabilities

(279,940

)

279,940

-

1,171,022

1,149,736

2,320,758

2,274,746

19.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.1.25

in funds

funds

31.12.25

£

Unrestricted funds

General fund

1,182,237

(6,549

)

(4,666

)

1,171,022

Restricted funds

Burial Board

1,067,901

44,929

-

1,112,830

Eruv Fund

(6,553

)

-

6,553

-

Building Levy

29,380

(29,380

)

-

Mikva refurbishment

1,781

106

(1,887

)

-

Education Fund

-

36,906

-

36,906

1,092,509

52,561

4,666

1,149,736

TOTAL FUNDS

2,274,746

46,012

-

2,320,758

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

572,700

(579,249

)

(6,549

)

Restricted funds

Burial Board

128,996

(84,067

)

44,929

Building Levy

-

(29,380

)

(29,380

)

Mikva refurbishment

-

106

Education Fund

38,306

(1,400

)

36,906

167,302

(114,741

)

52,561

TOTAL FUNDS

740,002

(693,990

)

46,012

Comparatives for movement in funds

Net

movement

At

At 1.1.24

in funds

31.12.24

£

Unrestricted funds

1,236,376

(54,139

)

1,182,237

Restricted funds

Burial Board

1,049,689

18,212

1,067,901

Eruv Fund

(6,553

)

-

(6,553

)

Building Levy

31,205

(1,825

)

29,380

Mikva refurbishment

1,781

-

1,781

1,076,122

16,387

1,092,509

TOTAL FUNDS

2,312,498

(37,752

)

2,274,746

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

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

Unrestricted funds

530,722

(564,861

)

(20,000

)

(54,139

)

Restricted funds

Burial Board

109,833

(91,621

)

-

18,212

Building Levy

-

(1,825

)

-

(1,825

)

109,833

(93,446

)

-

16,387

TOTAL FUNDS

640,555

(658,307

)

(20,000

)

(37,752

)

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

Net

Transfers

movement

between

At

At 1.1.24

in funds

funds

31.12.25

£

Unrestricted funds

1,236,376

(60,688

)

(4,666

)

1,171,022

Restricted funds

Burial Board

1,049,689

63,141

-

1,112,830

Eruv Fund

(6,553

)

-

6,553

-

Building Levy

31,205

(31,205

)

-

Mikva refurbishment

1,781

106

(1,887

)

-

Education Fund

-

36,906

-

36,906

1,076,122

68,948

4,666

1,149,736

TOTAL FUNDS

2,312,498

8,260

-

2,320,758

Net movement in funds included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

Unrestricted funds

1,103,422

(1,144,110

)

(20,000

)

(60,688

)

Restricted funds

Burial Board

238,829

(175,688

)

-

63,141

Building Levy

-

(31,205

)

-

(31,205

)

Mikva refurbishment

-

106

-

106

Education Fund

38,306

(1,400

)

-

36,906

277,135

(208,187

)

-

68,948

TOTAL FUNDS

1,380,557

(1,352,297

)

(20,000

)

8,260

20.	RELATED PARTY DISCLOSURES

Security equipment and associated services to the value of £648 were purchased from a partnership of which M Leinhardt, a Trustee, is a partner.

Total subscriptions and donations paid by the Directors were £24,346.