| Organisation | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| The Trustees | are responsible for all |
policy decisions. | |||||||
| The day to day operations | are delegated to an elected council and various functional | committees. | |||||||
| Financial position and reserves policy | |||||||||
| The operating | deficit/surplus | is: | 2022 | 2021 | |||||
| E | |||||||||
| Overall deficit/surplus | during the | period | -12,117 | 7,146 | |||||
| Overall funds | - surplus | 111,479 | 123,596 | ||||||
| The trustees | have established a policy whereby |
the reserves | should be a minimum | of: | 50,000 | 66,488 | |||
| See Note 10in the Financial | Statements. | ||||||||
| The free reserves are: | 2022 | 2021 | |||||||
| f | |||||||||
| Free reserves | (Note 9) | 94,516 | 93,335 | ||||||
| The Trustees | note that the | free reserves exceed the reserves | policy figure by: | 44,516 | 26,847 | ||||
| Ratio offree reserves over | reserves | policy | 1.89 | ||||||
| The Trustees | will continue to monitor this. | ||||||||
| Trustees and | their interests | ||||||||
| The Trustees | ofthe Company during |
the period | were as follows: | ||||||
| 5 Glass | |||||||||
| E Lucas | |||||||||
| N Mendoza | |||||||||
| G Ross | |||||||||
| D Ross | |||||||||
| TSpivack (appointed 25 November |
2022) |
| Notes | Unrestricted | Restricted | Total funds | Total funds | ||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | |||
| E | F. | E | E | |||
| Income and expenditure | ||||||
| Voluntary Income |
||||||
| Subscriptions receivable |
48,322 | 48,322 | 41,630 | |||
| Donations and sponsorship |
received | 13,985 | 13,985 | 3,165 | ||
| Fundraising and other activities (net) |
0 | 0 | 0 | |||
| Income tax recoverable | 11,313 | 11313 | 6,875 | |||
| Bank interest receivable | 921 | 921 | 1,002 | |||
| Total income and endowments | 74,541 | 74,541 | 52,672 | |||
| Expenditure on charitable |
activities and other expenditure | |||||
| Direct charitable donations |
15,015 | 12,000 | 27,015 | 11,849 | ||
| Management and administration |
58,345 | 1,298 | 59,643 | 33,677 | ||
| Tote Iexpenditure | 73,360 | 13,298 | 86,658 | 45,526 | ||
| Net (deRcit)/surplus in the |
period | 1,181 | -13,298 | -12,117 | 7,146 | |
| Movement offunds | ||||||
| Fund balance at 1January | 93,335 | 30,261 | 123,596 | 116,450 | ||
| Net (deficit)/surplus in the period Fund balance at 31December |
1,181 94,516 |
-13,298 15963 |
-12,117 111479 |
7,146 123596 |
| The operatin | g surplu |
s isstated afte |
r: | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| E | E | |||||
| Depreciation | oftangible assets | 1,298 | 1,788 | |||
| Donations received | 13,985 | 3,165 | ||||
| Staff costs | ||||||
| 2022 | 2021 | |||||
| E | E | |||||
| During the year the | staff costs were | as follows: | ||||
| Salaries | 14,575 | |||||
| Employers' | NIC | 0 | ||||
| Pension contributions | (NEST) | 1,093 | ||||
| 15666 | ||||||
| Average number ofemployees | ||||||
| Number ofstaff accruing retirement | benefits under | a money purchase scheme |
| 4 | Expenditure | on charitable activities and other expenditure |
|||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| E | E | ||||
| Direct charitable expenditure | |||||
| Joint Jewish Burial Society |
7,732 | 5,486 | |||
| Masorti Judaism | 6,788 | 5,868 | |||
| Mosaic Reform Synagogue (see comment | below) | 12,000 | 0 | ||
| Board of Deputies | 495 | 495 | |||
| 27,015 | 11,849 |
| Management | and administration | ||||||
|---|---|---|---|---|---|---|---|
| Premises costs | 5,048 | 2,469 | |||||
| Cheder expenses | 3,246 | 746 | |||||
| Rabbi costs and expenses | (see note 3) | 25,128 | 14,606 | ||||
| Mosaic Jewish Community | shared overheads | (see note 3) | 22,786 | 9,038 | |||
| Office and computer | expenses | 0 | 271 | ||||
| Depreciation | 1,298 | 1,788 | |||||
| Event catering and food costs (net) | 1,443 | 1,243 | |||||
| Ark design costs | 0 | 2,800 | |||||
| Bank charges | 148 | 17 | |||||
| General expenses | 547 | 699 | |||||
| 59,644 | 33,677 | ||||||
| Total expenditure | 86659 | 45 526 | |||||
| Tangible fixed | assets | ||||||
| Torah scrolls & | Fixtures, fittings | Total | |||||
| accessories | &equipment | ||||||
| Cost | |||||||
| At 1January | 35,772 | 6,406 | 42,178 | ||||
| Additions | 0 | 1,032 | 1,032 | ||||
| At 31December | 35,772 | 7,438 | 43,210 | ||||
| Depreciation | |||||||
| At 1January | 34,474 | 6,406 | 40,880 | ||||
| Charge for the period | 1,298 | 0 | 1,298 | ||||
| At 31December | 35,772 | 6,406 | 42,178 | ||||
| Net BookValue | |||||||
| At 31December | 1032 | 1032 | |||||
| At 1January | 1298 | 0 | 1298 |
| Debtors | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| f | ||||||||
| Income tax | recoverable | on Gift Aid donations | 7,748 | 4,848 | ||||
| Prepayments | and accrued income | 1,000 | 117 | |||||
| Other debtors | 0 | 0 | ||||||
| 8 748 | 4965 | |||||||
| Creditors: amounts falling due |
within one year | |||||||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Accruals | 3,286 | 1,326 | ||||||
| Deferred Income | 3,449 | 7,596 | ||||||
| Other creditors | 6,013 | 6,743 | ||||||
| 12748 | 15665 | |||||||
| Reconciliation | ofmovements | in total funds | ||||||
| Unrestricted | Restricted funds | Total Funds | ||||||
| funds | ||||||||
| f | ||||||||
| Balance at 1January | 93,335 | 30,261 | 123,596 | |||||
| Movement | in | the period | 1,181 | -13,298 | -12,117 | |||
| Balance at 31 | December | 94516 | 16963 | 111479 | ||||
| Free reserves | ||||||||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Unrestricted | funds at 31 | December | 94,516 | 93,335 | ||||
| Free reserves | 94516 | 93335 |
| MOvement | On | ReStriCted FundS | ReStriCted FundS | |||
|---|---|---|---|---|---|---|
| Balance at | 2022 | Balance at | ||||
| 1January 2022 | Movement | 31December 2022 | ||||
| E | f | E | ||||
| Development | fund | 30,047 | -13,084 | 16,963 | ||
| David Davis | fund | 214 | -214 | 0 | ||
| 39261 | -13293 | 16963 |