Mosaic Masorti Synagogue Limited Report and Accounts for the Year Ended 31st December 2024
Mosaic Masorti Synagogue Limited Company information Trustee5 P Austin S Glass N Mendoza O R055 G Ro55 T Spivack Secretary N Mendoza Company Number 03899916 CharltyNumber 1080951 Registered Offlce la Halsbury Close Stanmore HA7 30Y Page2of9
Mosaic Masorti Synagogue Limited Report of the Trustees The Tr&tee5 present their •Anu& repOrtandthefvWKi SktemOIthecTrplnVflwthe •TendEd 31 DeceMr 2024. Mosaic Ma50rti Synagogue L% a compaty IIDMWI lauarantee dw not * sharef•tal. It ts re8lsteredas a tharity (number It511. We rewew wr aims and obJ"ecthv annually, looiryatour nDed ate5fOr the i¢)miDgyeaT. We have referTed iothetharitycommis general guidance on pu1¢ Benefit and have considered h¢)wour actMUes rnew the need5 of our teneficim. Thecomparfs obie¢tNes are.. 111 Tht athncernent ofthe Jewlsh tsith in XC0rd with princirle5, in pa(lar by the estIShInert and mèintenance of a reliOu$ corwe8atiDn farthe wombon ofthe wactice andtraChiOIjud¥Sfft in stsnmoreand its 5urroundin8 area.. The actifft5 cawded our lorthe be•efft ave.. . The iunniry ofsMo8 sernces - SIMritual and emotional wrwtto rnenth - Provtyon of education and outreath servites . Cuhural scKl41 e¥Ynts 5WKlrt oureth05 The Company a constituEnt mEffltr of Masmi lthity nLMnber W18161 15 Wt ol Mosakjewth (ornmunty (charity numbEr 11571091. The Tru5tee5 a reswn54ble foral polky detisloD> The Qratin8sus is.. 2024 Cerall syrrAuslldeficitl durir¥the CNerall fvnds- 5urptus 6,250 116.846 110,596 The tru5tee5 have estaE4i5hed a lVthe5eThss1mhy ta ol.. See Note 10 inthe Finantial Ststemen 59AI Thefree reserwes are: Free reserves INoie 91 93.633 35 34,633 RaD of free resefft5 overie5erves piry TheTrustees 11 continueto mwitor thi5. TAte$ and thelrlrbtrrests The Trustees of the Cornpany duFw the wriod as follo¥ts: P Austi S Gla55 N Mendoza D R055 G R0$5 Tswa Thi4 rewrt was apyo%O theTrullees on 7Aw4 2025 G Ros5 Tru5t2e PaEe3of9
Mosaic Masorti Synagogue Limited Statement of financial activities (including income and expenditure account) for the year ended 31 December 2024 Unre*ricted fund5 2024 Total fufftds Totsl funds funds 2024 2024 2023 lficomè and expendllu Voluntary In¢ome Subscriptions receivable Donations and sponsorship received Fundraising and other activities Income tam recoverable Bank interest receivable 87,857 6.657 1,805 17.216 2.850 87,857 6.657 1,805 17.216 2.850 70,780 7,719 14,509 Total Income and endowments 116,385 116,385 94,908 Expendlture on tharltable actlvbtles and other empendlture Direct charitable donation5 Management and administration 18.799 91,336 18,799 91.336 6.759 89.032 Total eMpendlNre 110.135 110.135 95,791 Net surplus Sn the p•rlod 6.250 6,250 Movement oflunds Fund balance at l January Net surpluslldeficltl In the perlod Fund balance at 31 December 93.633 6.250 16.963 110,596 6.250 111.479 110 596 The statement of financial artivities alx) complies with the requirements for an incorne and expenditure account under the Companies Act 2CKI6. The notes on pages 6 to 9 forrn an integral part of these financial statements. Pa8e4of9
Mosaic Masorti Synagogue Limited Balance sheet as at 31 December 2024 2024 Tangible assets - Torah xro115 and xcessories - fixtures. rrttlrw and equipment 620 B26 620 826 Oebtors Prayer book Stork Cash at bank and in hand 13.324 641 110.211 15,222 441 101.396 124.176 117,059 rjedbt0. Amounts falling due wrthin one year 7.9SO 7,289 14et assets 116,226 109.770 T¢>tal a55ets current Il•bllttles Unrestrfcted fund5 Restrfrted fvnds 9andlO li 99,863 16,963 93,633 16.963 Total funds 110 596 The Trustees a satisfied that the CompaAV is entrtled to exemptioTh from the provisloThs of the cpanIeS Art 2[ Ithe Artl relatin8 to the audit of the financial 5taternents for the year by virtue of sectK)n 477, and that no member tsr members have requested an audit pursuant to sertion 476 oliheAcL The Trustees are resK¥)nsible for: ensurin8 that the Cornpany keeps accotsmi records and the preparatin ofxcOUrthh comp1 wr(h the requirements of the Companies A¢t.' Ind pieparing finarKial Statements which give a true and latr vW of ihe ate of affair5 of the Company at 31 December 2024 and of its result fo¥ the period then ended in accOrdanwith the proviwn5 applxable io small compaTh subjett to the Small companies regime and in a(cordarKe wrth FR5102 50RP. The auo¥nts were approved by theTrustees on 7Apn"12025. P Austin Trustee Tiustee The notes on pages 6 to 91orm an inte8ral part of these firwKial statements. Page5of9
M05aic Masorti Synagogue Llmlted Notes to the financial statements at 31 December 2024 Atttyjntlry polkles A summary olthe prifiop•l a(£tyJntiw Fditie4 all oltwthKh havtbeeTh awlied ((eNtly. ts$et below. Theflnancial atementS ha¥e been prewed under hior1(al (ost con¥ent1mth items re(rse * tost N transxrioTrv•lue unless otherwise stated 1ftt relvant note¢sltot xcourrt The accounts have beeTh prepared ih accordartt With the Statement of RecornmEnded Praakn IAccwntin8for Chaririesl ISORP 20191 and the Financial ReKX¥tit)8srarhJard al¢ate in the UK and RepiCOf IrelaThY IFK$ 1021. l income is derived from sts normal artmties. &Jb5CfiPtion 1me and tax redaims are accounted for on aCLTual$ba Inco i5reco8nised oncethe syna8rxue ha5entitknnt. wobablitye5tablished and reliatMlity mea5UTed. l other irome I$(01ed for on a relPtsb•y.5eXWtWhereli rdatestofvturee4ent All expwditure isinrluded on an accnds ba515. ThÈCharSty isnot re8iSteredforVAT and all the eMperthurei5 Shown irK4usi¥eof irreco¥eraWe input VAT. Taneiblefixed aets are stated at cost less deweciavon. Tr try•h 5ud15 are nowfulhfffeoated. Depreoarion isprwded * rtyttstCIated fo41e0ft theo)5rlw esDmaTrd re5itholvaluÈof Èxh asset errts expected useful lifeas follows". T¢Yah strdls aThJ accessorfjes Firtures, filling5 eqwpr .bef* 2 and 5 years 2023 Depreciation oltaryible assets Donatlons recelved 2C6 7,719 6,657 S¢•ff rnsts 2023 Durinetheyear thestaff costs were as Idlcths: Salades Bonus Ernployers, NIC Pension £ontribuUons INEsn 32,646 31,975 2.627 2.398 Average number olemployees P4umberof5taff accruiniretyrement benefits undera xhem Mosaic Masorti 5ynaio8ue IMMSI dirertly emOYS its rabbi undera Separate contract. M05aic je5h Community IMJCI lseefiote 131 arets em09¥5 olall ottw staftand rethar8eè woportiom ol both thEse costs andall itsother overheadsto MMS. Pa8tt6tsf9
Mosaic Masorti Synagogue Limited Notes to the flnancial Statements at 31 December 2024 {continued) 202J Joint Je4i5h Burfjal 5(Kiety lJJ851 Masorti IJaI$M Bwd of twties 9.977 8.327 495 6.470 289 6.759 18,799 JJ8SwaNed itsburi feesfor all membersol all its affiliated 5yffta8wf the cèlerthryear 2023. The annual Nidre alsose$ Irom membèts rthwned external tharities. Money ratOtalled £3185 In 2024 for Kibbutt Re'im irs lyad. The payrnent was made wa a British tharity, New Israel Fund UK, whr passed the dmation to Kibhjtr Re'im. In 2023. MMS raised £1035 thichwas donated toa local tharity. Teath A Man To F15h. A% MMSacts asa Corult andtht raised are paid u¥er in the same accouThtyngyear. thefiguTe5for both years are exduded •ccourrt zoiJ Premises costs (heder expenses Rabkn costs and expenses Isee r¥)te 31 MosaicJv*ish Comfflunity sh¥ed o¥erheads Iseernte31 Prayer book stock Megillah resrorarion costs lrttl Computer expenses Event and cateriryttsstslnetl Le8al fees Depreciation ank thar8e5 Gefveral eywenses 2.277 262 36.371 45,070 1,275 215 173 38,955 48.833 173 2( 147 311 2( 207 iio 91,336 89,032 110 135 Tnb flxwl •sxts Torah scrolLs& Flxiurns. ffttsr & eqUIpnI At i iaThuary 2024 Additions At 31 1)ecember 2024 35,772 7.438 43.210 35,772 7.438 43,210 At l January 2024 Charie for the pericrfl At 31 DecvnbEr 2024 35.772 6.612 206 6.818 42,384 206 42.590 35.772 14•t8ookVaK At 31 Dec 2024 620 At 31 De(rthr 2023 826 826 Pay7of9
M05aic Masorti Synagogue Limited Notes to the financial statements at 31 December 2024 (continued) 2024 In(off taxre¢tyQre on Gift donatior Prepayments and xcrued irLvne 11.191 206 1.927 9.674 221 5,327 2013 126 6.149 1.675 1,203 4.656 1.430 Totsl Fund5 funds alance i January 2024 Movement in the peri ance at 31 December 2024 93.633 6,250 16,963 110.596 6,250 2023 Unrestrirtedfvr¥15at 31 Decemb 99,883 93,633 TheTrustee5 e leWeL¢t re5er¥es wlicyin li their obli8•tsrxsand rknies charitylawand latIons. Thewrpose ofthe MMSfeser¥es pc4lcy iStoensethat.' The risks ofunfweseen circutan$II be athessed Planned tommitmemts are covered MM5 can pay for daytoday operaii(rfwl u)stsft a miniwwjm perifyj o16months M05aic Ma50rt1'5 Share of MJCovertatsforthe ¢3lemdar year 2025 have been bud8eted and approved by all three tmstituent mtmbÉr syna8% ISÈe Aote 131. The allc*ion 0lthesÈtyewld£ to HEMS Is8overn by a Finantial Mana8ernent 4reement and is Incated into rhe S&0e'S own forecast5. There ale no planned comrnitments rK)rcontiryent lia'11t1e5 a5 at 31 December 2024. The tr+tal anticipated 12 nth54erhe&l for MMS In the calendar year 2025 is£ii£a £128,LD). Six m¢)nthst3lculatth is therefo64,(1x$. Pa8t8tsf9
Mosaic Masorti Synagogue Limlted Notes to the financial statements at 31 December 2024 {contlnued) li LvelopmeTht Fund 16,963 16.963 The Tntstees have dey"8nated the Dw4d(oment FIdI0 beusedfor buildin8 set UP COS investment in major religiLts artefacts and in¥e5tment in strateeic community initiatives arKI proiErts that support. promote ano athtance its primaryjeCti TheTru5tees continw to approach members for s$t¥ShiP of these item5. Tr torah sudls are rIrylul deweciated. Capltal Thecampany is a companvlimited by guarantee not * share cap6tal. The liatlity of members is limited to E20eath in iheeventof a MndinÈ upof the C(xnpamy. In Iktuber 2022. Mosatc Jvthish CorrbmunitylMJCI TrKed intoapurp05e tt£0mMUn centre in Stanfte for the benefit of itsthree constituent ffmber5 who are all rtystered charitie5. Theother two member50f MJC are Mosaic Rel(Km Sywo8ue IMRSI, acquired a 999 yearlÈaseon the premise& and M05aic Lbbwal 5ywcue IPALSI. 14 Chafi ol Plame 2024 Followin8the rebrandifi8ofthe tharity in 2023. theTru5tee5 Irwtyed awtyosalfora I(11 change Df narne from'Hatth End Masorti Syna8oeue bmiied" io'mosaic Ma50rtb Sa80E Limlted.. A Special Resolution ro ihi5 efte(t Wa5¥wth*d bv the 2024 AGM on 22nd May 2024 and filed at Comwies House. Pa9019
(HARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report On •¢count• for th• y••r 31 Decwnbw 2024 Charlty no (if anyl 1080951 chwity fthe Tru ts the year ended 3111212024. 145 of ts 2011 Act WKI in my examinati)n. I under seciw)n 145(SMb) of the Acl. •xamlnefs statom•nt undertake ts examinatK)n by being a qualiw member of [i18ert name of applicabk listed tll. Delete [ ] rfn( 49pplbIe. come to my attent in o)nnection with the examinat1 (other than that disckml tJel(Av ") which gives me cause to believe that in. ary material of the Charits A£t" or Ihe xcounts did not c(xnpty wth the alable requirements cc*Keming f(¥m and content of accounts set (xrt in the Charities (Acccwnts arKI Rewyts) Regulab(xK$ 2008 th than reqU1refft that the accounts give a Irue arKI fairf view whith is not a matter with the examination to which attentK•n should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. the brthts rfthey (kn not apy. qUalall0SI or body IER Oct 2018
(It w): AddrM•: 23 Bafrrhv Point Aven. Pwiner. MwJdle8ex. HA5 3HD Section B Disclosure Only complete if the examiner needs to hbghlight material matters of concem Glve hern brlaf d•tall• of examiner to di8cIo8•. IER Oct 2018