**Charity number: 1076084**
## **MAOZ UK**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**for the year ended 31 December 2020**
## **MAOZ UK**
## **CONTENTS**
||Page|
|---|---|
|**Reference and administrative details of the charity, its trustees and advisers**|1|
|**Trustees' report**|2 - 5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 15|
|**Independent examiner's report**|16 - 17|
**MAOZ UK**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS for the year ended 31 December 2020**
## **Trustees**
Mr Dan Delap Mrs Gerry Griffin Mr Wilfred Wong Mrs Miriam Beattie (resigned 7/7/2020) Mrs Shira Sorko-Ram (resigned 7/7/2020) Mr Niall Griffin (resigned 7/7/2020) Mrs Helen Delap Mr Brian Greenaway Mr Philip Herklots Mr David Hoffbrand (appointed 19/10/2020) Mr Kobi Ferguson (appointed 9/7/2020)
## **Charity registered number**
1076084
## **Principal office**
Unit 6, Station Court,, Station Approach, Borough Green, Kent, TN15 8BG
## **Accountant**
P M Landergan FCA, 26 Burney Street, London, SE10 8EX
Page 1
## **MAOZ UK**
## **TRUSTEES' REPORT for the year ended 31 December 2020**
The Trustees present their annual report together with the financial statements of the charity for the 1 January 2020 to 31 December 2020.
## **OBJECTIVES AND ACTIVITIES**
## **POLICIES AND OBJECTIVES**
The objects of the charity are: -
(a) The advancement of the gospel of Yeshua (Jesus) the Messiah primarily among Jews but also among Gentiles in the UK, Europe, Israel and elsewhere by
- promoting the knowledge and understanding of the Bible by teaching, preaching and the provision of
- literature
- providing services for the worship of God and the celebration of the biblical festivals and feasts
- promoting the knowledge amongst Christians of the teaching of the Bible, concerning the place of the
- Jewish people in the purposes of God.
(b) To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the United Kingdom, Israel and in such other parts of the world as the Trustees may from time to time think fit.
There have been no changes in the objectives since the last annual report....
## **ACTIVITIES FOR ACHIEVING OBJECTIVES**
## **ACTIVITIES**
Maoz UK have now been in their offices in Sevenoaks for 2 years.
Our team consists of Brian and Elizabeth Greenaway, as well as our Finance Administrator and Office Administrator. During 2020 the trustees agreed to employ a Maoz UK Ambassador for 2 days a week, to develop our links with young leaders and increase our representation across the UK. He is based in the Manchester area. It was a considerable financial investment, however, as we look across the charity sector, and in particular our field, the average age of supporters is high. We needed to make an investment to ensure the longevity of the charity.
In common with the whole world, 2020 was a very different year. Brian and Elizabeth continued to come into the office during the whole pandemic time to administer the charity and ensure gifts were processed. We were pleased to report that there was a marked increase in income during 2020 which has continued into 2021. We are very grateful to our Finance Administrator who continued to administer the finances whilst working at home.
Maoz UK were pleased to be able to make a strong contribution to the emergency virus fund in Israel that was supporting many families in need there.
We further developed our receipting and acknowledgement process during this time with Elizabeth taking the lead on this. We believe this has been one contributory factor to our growth.
We are very grateful for the support of our trustees who have changed during 2020. David Hoffbrand has joined our board, and Kobi Ferguson has replaced Shira Sorko-Ram as the representative from Israel. . .
## **PUBLIC BENEFIT**
The Trustees have had regard to Charity Commission guidance on public benefit. Among our activities are relief of persons who are in conditions of need or hardship, the production of Messianic Jewish literature and music, support of Arab Christians, assistance to provide worship services and the celebration of Biblical festivals and aid to widows and school children in a remote region in India.
Page 2
## **MAOZ UK**
## **TRUSTEES' REPORT (continued) for the year ended 31 December 2020**
## **MAIN ACTIVITIES UNDERTAKEN TO FURTHER THE CHARITY'S PURPOSES FOR PUBLIC BENEFIT**
Attendance at conferences and churches was very limited in 2020. However, the team were able to provide teaching and ministry to churches through zoom and recordings. We have taken several steps to increase our mailing lists and further develop our contacts with existing supporters. Brian And Elizabeth have been hosting monthly zooms for existing supporters. We have also explored other media possibilities, including advertising in Heart Magazine and seeing features on our work in other publications. The office also maintains the dedicated UK website, as well as a facebook page, Instagram account and twitter feed.
The aims of all these initiatives is to inform people of the work of Maoz as well as providing teaching on the Jewish roots of the Christian faith. Brian and Phil continue to contribute to the AOG Israel Mission Forum and are planning to meet twice a year (on zoom). Brian has developed strong links with the Elim church group,and Maoz are very grateful for their financial support for our coronavirus relief fund.
Our Maoz UK Ambassador started an initiative under the Maoz UK umbrella called Why Israel? As well as considerable networking he has started to host online meetings for young leaders to invite them on the journey of what Israel means to them and their churches. This has brought many fresh connections.
We continued to increase our regular contact with major donors to express our gratitude for their support.
We are also encouraging our supporters to send us their personal prayer requests, and we meet every week to pray for these.
We attended regular “Love Never Fails” meetings and prayer meetings as part of our policy to network with other ministries who work in, with and for Israel. We have also had discussions with our US and Israel offices about closer co operation to arrange visits of leaders to our offices in Israel to see our work there first hand.
## **ACHIEVEMENTS AND PERFORMANCE**
## **REVIEW OF ACTIVITIES**
## **FUND RAISING**
Total income in 2020 was £336,322 an increase of £92,009 on £244,313 last year. No legacies were received for 2020 (2019 £20,000), we continue to work to raise awareness of this aspect of fundraising.
We sent £202,665 to support work in Israel and £7,781 to India, a total of £210,446 in 2020, compared to £122,822 last year.
## **SUPPORT COSTS**
Support costs in 2020 were £90,607 compared to £86,847 in 2019.
## **FACTORS RELEVANT TO ACHIEVE OBJECTIVES**
We are continuing to use our network of leaders to reach other leaders, and are grateful for connections and support at senior level in denominations and church streams.
We are encouraging partners to tell other people about our work and increase our database through recommendations.
We are also beginning to see fruit from Chip Kendall’s connections and also seeing supporters come through email connections as we have approximately 250 people we email on a monthly basis.
Maoz Israel are changing shape and emphasis, we have to take this into account through our communications, in some cases this has impacted long term supporters with questions about the vision and direction of the ministry. We hope that these supporters will continue on the journey with us..
Page 3
**MAOZ UK**
## **TRUSTEES' REPORT (continued) for the year ended 31 December 2020**
## **FINANCIAL REVIEW**
## **GOING CONCERN**
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **CONSTITUTION**
The charity is constituted by a declaration of trust (Maoz UK) dated 9 December 1997, supplementary declaration of trust dated 19 January 1999 and supplementary declaration of trust dated 24 May 1999.
## **METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES**
The power of appointment or removal of trustees is vested in the Trustees themselves.
## **ORGANISATIONAL STRUCTURE AND DECISION MAKING**
All matters of policy are taken by the Trustees while day to day decisions on administrative matters are taken by associates.
## **RELATED PARTY RELATIONSHIPS**
The charity co operates closely with Maoz Ministries in USA and Israel.
## **RISK MANAGEMENT**
The Trustees have assessed the major risks, including COVID 19, to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
Page 4
## **MAOZ UK**
## **TRUSTEES' REPORT (continued) for the year ended 31 December 2020**
## **TRUSTEES' RESPONSIBILITIES STATEMENT**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
................................................
**Mr Brian Greenaway** Trustee
................................................ **Mr Philip Herklots** Trustee
Page 5
## **MAOZ UK**
## **STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2020**
|**Unrestricted**
**funds**
**Note**
**2020**
**£**
**INCOME FROM:**
Donations and legacies
2
**215,163**
**TOTAL INCOME**
**215,163**
**EXPENDITURE ON:**
Charitable activities
4
**191,789**
**TOTAL EXPENDITURE**
5
**191,789**
**NET INCOME BEFORE TRANSFERS**
**23,374**
Transfers between Funds
12
**(4,666)**
**NET INCOME BEFORE OTHER**
**RECOGNISED GAINS AND LOSSES**
**18,708**
**NET MOVEMENT IN FUNDS**
**18,708**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**74,297**
**TOTAL FUNDS CARRIED FORWARD**
**93,005**|**Restricted**
**funds**
**2020**
**£**
**121,159**
**121,159**
**109,264**
**109,264**
**11,895**
**4,666**
**16,561**
**16,561**
**14,298**
**30,859**|**Total**
**funds**
**2020**
**£**
**336,322**
**336,322**
**301,053**
**301,053**
**35,269**
**-**
**35,269**
**35,269**
**88,595**
**123,864**|_Total_
_funds_
_2019_
_£_
_244,313_|
|---|---|---|---|
||||_244,313_|
||||_209,669_|
||||_209,669_|
||||_34,644_
_-_|
||||_34,644_
_34,644_
_53,951_|
||||_88,595_|
The notes on pages 8 to 15 form part of these financial statements.
Page 6
## **MAOZ UK**
## **BALANCE SHEET as at 31 December 2020**
|**Note**
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
**CREDITORS:**amounts falling due within
one year
11
**NET CURRENT ASSETS**
**NET ASSETS**
**CHARITY FUNDS**
Restricted funds
12
Unrestricted funds
12
**TOTAL FUNDS**|**£**
**29,260**
**98,676**
**127,936**
**(4,072)**|**2020**
**£**
**123,864**
**123,864**
**30,859**
**93,005**
**123,864**|_£_
_12,231_
_79,317_
_91,548_
_(2,953)_|_2019_
_£_
_88,595_|
|---|---|---|---|---|
|||||_88,595_|
|||||_14,298_
_74,297_|
|||||_88,595_|
The financial statements were approved by the Trustees on and signed on their behalf, by:
## ................................................ **Mr Brian Greenaway**
................................................ **Mr Philip Herklots**
The notes on pages 8 to 15 form part of these financial statements.
Page 7
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **1. ACCOUNTING POLICIES**
## **1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS**
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.
Maoz UK constitutes a public benefit entity as defined by FRS 102.
## **1.2 INCOME**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Page 8
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **1. ACCOUNTING POLICIES (continued)**
## **1.3 EXPENDITURE**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Charitable activities and Governance costs are costs incurred on the charity's operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.
## **1.4 INTEREST RECEIVABLE**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **1.5 DEBTORS**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.6 CASH AT BANK AND IN HAND**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.7 LIABILITIES AND PROVISIONS**
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.
Page 9
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **1. ACCOUNTING POLICIES (continued)**
## **1.8 FUND ACCOUNTING**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **2. INCOME FROM DONATIONS AND LEGACIES**
|**Unrestricted**
**funds**
**2020**
**£**
Donations
**215,163**
Legacies
**-**
Total donations and legacies
**215,163**
_Total 2019_
_146,148_|**Restricted**
**funds**
**2020**
**£**
**121,159**
**-**
**121,159**
_98,165_|**Total**
**funds**
**2020**
**£**
**336,322**
**-**
**336,322**
_244,313_|_Total_
_funds_
_2019_
_£_
_224,313_
_20,000_|
|---|---|---|---|
|||||
|||||
||||_244,313_|
|||||
## **3. SUPPORT COSTS**
|Secretarial Expenses
Rental and office
Postage and stationery
Travelling
Other Expenses
Telephone
Development costs
Bank charges
Computer costs
Wages and salaries
National insurance
_Total 2019_|**Activities**
**£**
**11,577**
**6,829**
**20,315**
**2,420**
**258**
**897**
**10,602**
**927**
**1,827**
**33,794**
**-**
**89,446**
_85,686_|**Total**
**2020**
**£**
**11,577**
**6,829**
**20,315**
**2,420**
**258**
**897**
**10,602**
**927**
**1,827**
**33,794**
**-**
**89,446**
_85,686_|_Total_
_2019_
_£_
_9,600_
_7,455_
_20,536_
_5,541_
_271_
_1,028_
_3,873_
_761_
_1,815_
_34,000_
_806_
_85,686_|
|---|---|---|---|
|||||
Page 10
## **MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **4. GOVERNANCE COSTS**
|**Unrestricted**
**funds**
**2020**
**£**
Examiners Fee
**864**
Insurance
**297**
**1,161**|**Restricted**
**funds**
**2020**
**£**
**-**
**-**
**-**|**Total**
**funds**
**2020**
**£**
**864**
**297**
**1,161**|_Total_
_funds_
_2019_
_£_
_864_
_297_
_1,161_|
|---|---|---|---|
## **5. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE**
|Direct costs
Governance
_Total 2019_|**Staff costs**
**Other costs**
**2020**
**£**
**2020**
**£**
**33,794**
**266,098**
**-**
**1,161**
**33,794**
**267,259**
_34,806_
_174,863_|**Total**
**2020**
**£**
**299,892**
**1,161**
**301,053**
_209,669_|_Total_
_2019_
_£_
_208,508_
_1,161_
_209,669_|
|---|---|---|---|
|||||
## **6. ANALYSIS OF EXPENDITURE BY ACTIVITIES**
|Direct costs
_Total 2019_|**Grant**
**funding of**
**activities**
**2020**
**£**
**210,446**
_122,822_|**Support**
**costs**
**2020**
**£**
**89,446**
_85,686_|**Total**
**2020**
**£**
**299,892**
_208,508_|_Total_
_2019_
_£_
_208,508_|
|---|---|---|---|---|
||||||
## **7. NET INCOME/(EXPENDITURE)**
During the year, a Trustees received payments of £33,794 for duties in addition to those as a trustee (2019 1 Trustee - £34.000).
During the year, no Trustees received any benefits in kind (2019 - £NIL).
During the year, three Trustees received reimbursement of expenses £1,102 (2019- £3,647.)
## **8. EXAMINERS' REMUNERATION**
The Independent Examiner's remuneration amounts to an Independent Examination fee of £ 864 (2019 - £ 864). - -
Page 11
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **9. STAFF COSTS**
Staff costs were as follows:
|**2020**
**£**
Salaries and fees
**33,794**
Social security costs
**-**
**33,794**
The average number of persons employed by the charity during the year was as follows:
**2020**
**No.**
Administration
**2**
Average headcount expressed as a full time equivalent:
**2020**
**No.**
Administration and development
**2**
No employee received remuneration amounting to more than £60,000 in either year.
**10.**
**DEBTORS**
**2020**
**£**
Other debtors - Gift Aid Tax Recoverable
**29,260**
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2020**
**£**
Trade creditors
**4,072**
Other taxation and social security
**-**
**4,072**|_2019_
_£_
_34,000_
_806_|
|---|---|
||_34,806_|
||_2019_
_No._
_2_
_2019_
_No._
_2_
_2019_
_£_
_12,231_|
||_2019_
_£_
_2,379_
_574_|
||_2,953_|
Page 12
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **12. STATEMENT OF FUNDS**
## **STATEMENT OF FUNDS - CURRENT YEAR**
|**UNRESTRICTED FUNDS**
General Funds - all funds
**RESTRICTED FUNDS**
I Stand With Israel
Hebrew Literature
Tifferet Yeshua
Conferences & teenagers
Aliyah
Internet/ evangelism
India
Ebenezer
I D F
Feed Tel Aviv (Covid)
Total of funds|**Brought**
**£**
**74,297**
**4,476**
**2,838**
**196**
**-**
**-**
**75**
**4,412**
**2,181**
**120**
**-**
**14,298**
**88,595**|**Income Expenditure**
**£**
**£**
**215,163**
**(191,789)**
**59,708**
**(53,285)**
**9,948**
**(12,464)**
**4,302**
**(3,979)**
**15,014**
**(9,859)**
**11**
**(11)**
**5,560**
**(5,511)**
**8,346**
**(7,781)**
**13,248**
**(16,232)**
**22**
**(142)**
**5,000**
**-**
**121,159**
**(109,264)**
**336,322**
**(301,053)**|**Transfers**
**in/out**
**£**
**(4,666)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,666**
**-**
**-**
**4,666**
**-**|**Balance at**
**31**
**December**
**2020**
**£**
**93,005**
**10,899**
**322**
**519**
**5,155**
**-**
**124**
**4,977**
**3,863**
**-**
**5,000**
**30,859**
**123,864**|
|---|---|---|---|---|
The restricted funds relate to various projects being run by Maoz Israel as detailed below:
I Stand With Israel Supports poor needy Jewish and Arab believers throughout Israel
Hebrew Literature Translates and produces Bibles, Gospel books, tapes and CDs in Hebrew
Tifferet Yeshua Invests in the work and growth of a congregation in Tel Aviv
Conferences and teenagers :- Organising and subsidizing camps and conferences
Aliyah – Relates to a Project at the Aliyah Return Centre in the Galilee.
Internet / Evangelism : Development of evangelism through the internet
India supports small churches and their pastors, helps pay teachers salaries, gives small regular payments to widows in a deprived rural area in Andrah Pradesh
Ebenezer Ethiopian congregation that we support, plus support for Hand of Love Project
Sahknini - Support for a project to help Arab musicians produce a CD.
IDF – Netivah projects help young believers prepare spiritually for National Service. .
Page 13
**MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **12. STATEMENT OF FUNDS (continued)**
## **STATEMENT OF FUNDS - PRIOR YEAR**
|**STATEMENT OF FUNDS - PRIOR YEAR**|||||
|---|---|---|---|---|
|General Funds - all funds
**RESTRICTED FUNDS**
I Stand With Israel
Hebrew Literature
Tifferet Yeshua
Conferences & teenagers
Aliyah
Internet/ evangelism
India
Ebenezer
Sakhini
I D F|_Balance at_
_1 January_
_2019_
_£_
_46,847_
_2,501_
_1,002_
_115_
_-_
_-_
_26_
_3,168_
_292_
_-_
_-_
_7,104_|_Income_
_£_
_146,148_
_41,472_
_17,946_
_6,397_
_2,968_
_3,105_
_1,197_
_6,281_
_14,018_
_715_
_4,066_
_98,165_|_Expenditure_
_£_
_(118,698)_
_(39,497)_
_(16,110)_
_(6,316)_
_(2,968)_
_(3,105)_
_(1,148)_
_(5,037)_
_(12,129)_
_(715)_
_(3,946)_
_(90,971)_|_Balance at_
_31_
_December_
_2019_
_£_
_74,297_|
|||||_4,476_
_2,838_
_196_
_-_
_-_
_75_
_4,412_
_2,181_
_-_
_120_|
||||||
||||||
|||||_14,298_|
## **SUMMARY OF FUNDS - CURRENT YEAR**
|**Brought**
**£**
General funds
**74,297**
Restricted funds
**14,298**
**88,595**
**SUMMARY OF FUNDS - PRIOR YEAR**
General funds
Restricted funds|**Income Expenditure**
**£**
**£**
**215,163**
**(191,789)**
**121,159**
**(109,264)**
**336,322**
**(301,053)**
_Balance at_
_1 January_
_2019_
_Income_
_£_
_£_
_46,847_
_146,148_
_7,104_
_98,165_
_53,951_
_244,313_|**Transfers**
**in/out**
**£**
**(4,666)**
**4,666**
**-**
_Expenditure_
_£_
_(118,698)_
_(90,971)_
_(209,669)_|**Balance at**
**31**
**December**
**2020**
**£**
**93,005**
**30,859**|
|---|---|---|---|
|||||
|||||
||||**123,864**|
||||_Balance at_
_31_
_December_
_2019_
_£_
_74,297_
_14,298_|
|||||
|||||
||||_88,595_|
Page 14
## **MAOZ UK**
## **NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020**
## **13. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
## **ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR**
|**ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR**||||
|---|---|---|---|
|**Unrestricted**
**funds**
**2020**
**£**
Current assets
**100,482**
Creditors due within one year
**(4,072)**
Difference
**(3,405)**
**93,005**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR**
_Unrestricted_
_funds_
_2019_
_£_
Current assets
_77,250_
Creditors due within one year
_(2,953)_
_74,297_
**14.**
**RELATED PARTY TRANSACTIONS**
Freelance services by a Trustee||**Restricted**
**funds**
**2020**
**£**
**27,454**
**-**
**3,405**
**30,859**
_Restricted_
_funds_
_2019_
_£_
_14,298_
_-_
_14,298_
**2020**
**£**
**-**|**Total**
**funds**
**2020**
**£**
**127,936**
**(4,072)**
**-**
**123,864**
_Total_
_funds_
_2019_
_£_
_91,548_
_(2,953)_
_88,595_
_2019_
_£_
_2,400_|
|||||
|||||
Page 15
## **MAOZ UK**
## **INDEPENDENT EXAMINER'S REPORT for the year ended 31 December 2020**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MAOZ UK (the 'charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2020.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity's Trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for this report.
## **RESPONSIBILITIES AND BASIS OF REPORT**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Page 16
**MAOZ UK**
## **INDEPENDENT EXAMINER'S REPORT (continued) for the year ended 31 December 2020**
## **INDEPENDENT EXAMINER'S STATEMENT**
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of (enter body here), which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Signed: Dated: 22 July 2021 P M Landergan F C A For Landergan & Co Ltd 26 Burney Street London SE10 8EX
Page 17