Chxrity rwrtration nwnber 1094668
Company re2lrtratioR Dunber 4493731 (E•gl•Ad and Waks)
THE NEW NORTH LONDON SYNAGOGUE
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR TBE YEAR ENDED 31 OCTOBER 2022

THE NEW NORTH LONDON SYNAGOGUE
LEGAL AND ADMINISTRATIVE INFORMATION
Trnstees
Aya]¥ Golllieb Alter
Bwce Rigai
Coliti Grazin
Daniel Wilki
IRetir¢d 23 JwL¢ 20221
{Appoint¢d 23 Jwi¢ 2022)
(Retired 23 June 20221
(Appointed 23 June 2022)
(Appointed 23 June 2022)
(Rettred 23 Julle 20221
(Reiired 24 March 2022)
(Reiired 23 June 2022)
Joel S*inTr￿rt
Julia Wa￿er
Karen Horowitz
Mark Collms
Mark FIcDlltt
Martin Otvos
Martin lios$
Nicola Tiefenbn
Nigel Roth
Paul 0￿￿0Ver
RogeT Ltvitt
Ruti Amal
Victoria Fox
{ANx)int¢d 23 Jun¢ 2022)
IRe¢w￿ 23 Jun¢ 2022)
Se¢r¢¢
Colin Grazin
(Retirtij 23 Juoe 2022)
Charlty numb¢r
1094668
coM￿nY number 4493731
Reglrtered offlee The Mqnor Ho
80 Easi End Rowj
Finchky
N3 2SY
Audltu
10 Queen stre￿ Pla¢¢
EC4R IAG
WEb￿le

THE NEW L¥ORTH U)NDON SYNAGOGUE
1-13
Ind¢F¢ndent auditor's r
Ststemen¢ of fll)an¢ial activilies
17
BalaDce sheet
18
Ststtm¢nt of ¢&sh fli)ws
19
Note• to th¢ I￿rOunts
2￿32

THE NEW NORTH LONDON SIF4AGOGUE (A COMPANY LI￿￿ED BY GUARAL¥TEE)
TRUSTETrS? REPORT
FOR THE YEAR ENDKD 31 OCTOBER 2022
The TnL$￿ present their re￿￿ irt¢h)ding diTed￿. rep)rt aDd acc(NJnts for th¢ year ended 31 October 2022.
The New Nortb IA)ndon Syna808ue (NNLS) is a collytty limited by Buarantee, which ts a ¢lwity r¢gis*red with
The ¥cththis have been PWQTed in with xcounting wTrli¢i¢s g¢1 tyJ¢ iti no* I to ttrLe accO￿)ts and Comply
with the tharity's Memorandum and Arti¢les of Awiati(m. the Conwies Act 2(K)6 and the Smtcment of
Prnciice for Charilie% (SORP 2015) (SecoJMI Eth.ti￿4 effediv¢ l J8nu8ry 2019).
sTRu￿URE, GOVERL¥ANCE AND MANAGEMENT
All Members of the Synagogue LounciL which is eled￿ by the Manbership. are D￿￿10r5 of the Compally alld Tn￿tte5
of th¢ Charity. El¢¢tiott ￿ the C(￿¢17 is for a Iwfryer Peri￿ whicb be ren¢wed once only.
The Council is rE4YOD8ibJe for the stratw and g¢ttrnl e0Th1￿ And managell￿nt of the Syna808ue's businesy. It hag
adopthd a dekgwion tKh¢me whereby. ill &*lition ￿ th¢ Man￿L?￿ent Coti)mit￿ and Seryices Committee whi¢h are
Tequired under the Articl&8, cojjullittees hav¢ beffj or are in the of b¢iD& s¢1 up to c<iver differe￿ aspecls of th¢
Synagogue's activi¢ies. Fach Committee bas at kast one r¢prdsentsiive on it and g)me have a non-Trustee ¢hair.
The Conunit¢¢¢s report ￿ Council. The delcgatiott scheme is publish￿ on th¢ M¢mkn' porrai of the website (in
MYNNLS) ￿ which all Member5 haye ort-line COU￿11 meets approximaiely ten limes eacb year. It is int¢nd¢d to
review thi5 structur¢ lo further srreamline goverDan¢e more effectively in the coming year to reflxt what works besi for
Truste¢4 the professional staff 8nd th¢ mosl etTici¢nt delivery of th¢ Syna8oBue's business.
Chairs are ¢￿*d on dternats yem so that their tern￿ ovttl4); the Trwur¢r is ele¢*d in even.numbered years. The
Senior Rlbbi and Chief Ex￿UtiVe (formerly Executive DI[￿￿) aTC ¢Trti￿ed io •¢*nd ￿ nwtillBs of the Council and of
Tru4tees mus¢ be M¢mbers of the Syn8808ue aDd will I￿1¢•llY have had a le*wship role in a￿ther aspwt of tb¢
Syn4go¥uc's activiiies or the Muorti rnovethenL prior 10 clection. ID athJitiO￿ th¢ lost1￿tioll of Joint Chaipa mcans that
the cootit]uing Chair &%sisls in¢ottllDg Ch&ir. There is aLso an ltiforn￿l mentoting System whereby the outgoing
Ttea8ur¢r 8&8i8ts the incoming Treasurtr w uttdetstalld the finan¢iAi 8ySteJns and prw¢sy¢8 as well as the wider
responsibilities of the role of TnLStee. An itiduction sthsion is held for ail Council Members ai the Council meeting
tollowin¥ the AGM iryliyidual meotoring and training ts off¢r¢d to all Tn￿ a￿Ording to need.
Pay for the CtrLief Executive, beitig the key non•rabbioi¢ maDagemcDt perso￿e1 within KNLS, is sel on th¢ b&yis of b¢in8
within a r¢pgoDllble SAlary range for t￿}￿￿¢1 of this seniority, exwience collyrable ts) o¢hcrs in similar ioles An
other comparoble Jewisb orgawsatitsn￿ The Chief EA￿utiVe 18 acwmtable kn the ChaiT& and linc manages oth¢r
employeas and dir¢¢ts day.t(thy thisions as appr(yritite.
NoDe of the Tr￿*¢8 Any beneficial ioierost in the company. All of the Tnwtees are Members of th¢ company and
guaratttee to contnbu* £1 in the event of a UP.

E NEW L¥ORTll LONDON SYNAGOGUE (A COMPANY IIMITED BY GuARA￿EE)
TRUSTEES, REPORT
FOR ThE YEAR ENDED 31 OCTOBER 2022
Thc following Honornry Officm Council Mcmbm bave been in sin¢¢ June 2022:
Honor&ry Office
Joint Chair
Joini Chair
Treasurer
Nicola Tiefenbrun
Btuc¢ Rig
Nigel Roth
Collncii Member&
ison Richardgjn
Ayal& Gottlieb Alter
Daniel WiikiTrs
Joel SteiDhart
Juli4 Wagner
M8rtin OtVO8
Roger IAVit¢
Ruti Amal
VictotiA Fox
The followin8 Council Members were ID Post from November 2021 until JuDe 2022 {unleBs otlKrwi% 8tat&l when they
stood down from posits'ons):
Councll Memben:
Colin Graziti
HaTriet Oppenheimer
Mark Collins
Mwk Fl¢nn¢r
Pa￿ Orchover

THE NEW NORTH LONDOIY SYNAGOGUE (A COMPANY LIMrrED BY GUARA1￿￿E}
TRUSTEES, REPORT
FOR THK YEAR ENDED 31 OCTOBER 2022
OKJECTIVLS AND AcfIviTIES
Who we are.
New Nortb s￿￿gO￿lle (NNLS) is a thTiVllW Masorti C4)nJmuniry in North I￿dOn with a M¢rnbersbip havin¥
grown to jusl short of 3,5(X) today. NNiS iq the largest M&wti SyDa8ogue in the W and one of the leadin8
congr¢gaUons of any de￿￿tiOn of JudaisD) in the county. B&seda¢ity purp)&e.builtpremises in Finchley. N3, NNLS
sits at the cutting edge of contem￿￿ Jewish lif< C4waDty striving ￿ develop and enbance Judaism for its Membc
and slwing its valuG4 and Mle&4 with wth $￿iety.
The charity establish￿ by a cl)uitsble ttust deed on 10 Novernb¢r 1974. A new tr￿1 deed approved on 9 June
1998. By Special iiesoluuons in (ktober 2013, th¢ th￿] strucnNe of both ￿NLs the Uninwrporaied As50ci8¢ion and
KNLS th¢ Cornpany w&$ changed i￿0 a UDIWY Structure with new Arti¢les of AS￿l&tion, thcrtafter bein8 subject
irttennittent mitior Changes {rn08t recently in JUDE 2022), •nd tell￿Ill th¢ Articles of Association culT￿tlY in efF￿L
The charity's obi¢ct$ are io furtherthe obixtsves and to ¢(￿dU￿ th¢ a¢tivili¢s of NNLS under the directionof its Council.
What we do?
The Synagogue is activ¢ on n)gny fronts in Sthpprt of its Co￿l￿uln8 obJ￿Ilve& ID the are48 of religion. P￿￿h0O1. youth
and adult ed￿￿tio￿ welfare. eulmr¢ chariry. social action and interfaith ithitiatsv¢s.
We airn to facilithte and dw¢n our en8a8ement with ¢￿h Member of our commutiity and ￿ also en8a8e with
¢onllnunities and the SLKiety around us. Itis ourresponsA)ility w do our bestso that no onc is left kn feel IoDely or igllo
and this has been a continuing priority for we emaged fmm thecovid pHode4DiC. We wattt to ¢elebrnte life together
aDd to be prese￿ for ots¢ another in quld solidosity in time4 of 50rrow.
At the same time. we huvc resw￿l1]ll¢S io th¢ wid¢r Jewish community in this colmty 4nd FKyond. Social &L'Iio
initiated by our ¢ommwiity expYe&w ourinvolvement ID the k¢y i8sues which confrcfflt both Jewish wider ￿CIety i
r¢as wverin8 poverry, lonelioes& scKial injusti￿, the cnvirDtimettt and reh)8e¢s.
Year.ft)un4 we offer a wide vmety of..
shabb￿ and re￿1¥0] service5 wIthiD * tr*di¢ioa*L •pen-mlDdrf Pl•r￿1￿ envtroomemt.
A pre•Khool nurnryl for 36 ¢hildr¢n'
excellellt formal Ind IDformAi Jewlsb I￿rAID8 Opportu￿¢1￿ for our youts% pe•plt og¢d 4 - 18. and
numerous leadership opmnities for our teens;
aD ¢Xt¢nsivc TattBe of ad￿lt le*rnln8 and Jnd cultur*l event•;
Pastoral cve w>Yision for cornmunity Member8 in ne&J from the Pasml ca￿ Coordinator. the Rabbilli¢
Team and a wider group of ¢xp¢rienced and cOMp&￿10￿0t¢ volunteetS;
voIuDteerkn¢ opportllnltlej for Members across our ran8¢ of s￿O8￿C aGtiVIti&S
{WOrti￿1tie$ for Members io engage in owry diffucnt olllw*rd ladTrg projects, S￿kIll8 to make a differth
to various local, nalional aad intemati¢)naE causes.
' Ned-Go(Kl" uw)n r¢-inWion in 2019

THE NEW NORTH LONDON SYNAGOGUE (A COMPANY LIMITED BY GUARANTEE)
TRUSTEFS. REPORT
FOR THE YEAR ENDED 31 o￿oBER 2022
Some facts and figure4 highlighting Some of the Achievements duTinK the year:
Mefflbershlp Growth: in ii8ht of yJccesrfuL collaborative navigation thTough the pandemic, against th¢ oth.
MeM￿rShIP nllmtr￿ remai0￿ steady and even grew notion￿lY fTom 1,415 to 1.430]MM&rholds across th¢
Shabbat Servied:
By summer 2022. with th¢ C￿1108 ofcovid rt%trictions. we had effectively retsrned tsTr wtrpaDdemic
Sh&bht in.rKtson serviee delivery 8ttd attendgnce. arf baving itisthlled new streatllitig equxpmenc
within two of our three 8ervice venue8, cn8blc4J 8¢r¢￿n￿]. hybrid $¢rviC￿ lo continuc to be off¢r￿1 &t
least vwiee a Jnonth.
We also successfully brou8bt back our fvll menu of Famtty, Explanatory and Childr￿'S Services. and
Intr￿luCed new itinovative Sitig In Shab￿1 savice8 for you08 families attd experimen*d with new
]t offerin83 includin8 D'Ta5h & DiscuJs and Niggun & Contemplati(m gervicw.
Hlgb Holyday: We aLqo were able th reven to our scale of Hi8h Holyday serviees. Attd in Iwht of
the signifKant r￿ffl of huge number5 of y(wng familie4 we exp8thJ the number of children and farnily
sttvices offertd exceedillg levels offernl F¥t-pandt4DiCp e4a8in8 record nuxnbtts of voluntews Xross every
aspeci of our Hi8h Holyday provisio
B'jbel Mltzvab: W¢ celebrated 70 In.Fa5￿ b'nei mi¢zvoh, th41 included a numt¢r of p08tponed celebrations
wheTe m.p&￿tteelebr8ts(XLS wert limitedduriti8 thepathic. Due toiisin8 Lumberx. we ￿s0t00k the th.￿￿Ul1
decision to Itmit the Dumber of b'nei mittvah we can deliver in any given ye4r-group to 80 ajhl ID light of
¢otttitiued 8igttifi¢ani dwnd. fo￿￿ IMtr8¢lves ¢stabl¥hin8 a waititi8 li8t for ¢enain o)hortS.
Cojllmunlty EnR•yment: 8igDificfint efft*ts were put ioto Tei8DitiD8 conunuDity en8ay4nent ai all level&
king ort i%)artl M¢mb¢rs' f¢edba¢k obtsiti¢d through tkist.k¢kdown C¢mmunity Conversations and all of our
best prethpathic expwiettces. We were deliRhtrd io stt the relurn of so nwjy of our in-pcr8on community
¢v¢n¢8. iti¢ludiD¥ Family Fiiendly Friday N￿1 Dinn￿ Sixth Fonn L¢avern Dinner, the Pwim Megillab
Reading and Spiel. our Community Seder and NNLS'S rtnowned IA8 Ba'omer BarBQ 8nd Singalon8.
FwidrAldn8: we raised £171 J93 xri&8 the Pe8xh Hwh Holyd*y AP￿￿11.
Ilkkun Ollnb: we continueAworknn8 MthFEAsf With U4 vrtekly ￿0kin8 80 M￿sO￿Of the NNLS kitdw
for a 1￿ClesS shelter in Easi FxDchley' and. we contiDuial workm8 with Homele&s Action Barnec providing
meaL4 to their guests accom￿ted in local hotcl& and began pultin8 plans in pl￿e enablirhg u8 to h￿t gu¢8t¥
co site ID Febnwy 2023. With the ￿thre8k of the Twar in Ukrnine. we put stNCDJrt4 in pl￿ to support
EDvlrollm¢DtsI A¢tlvlt1￿. given OUrd￿lTe to furfheranb￿o￿CDvlM￿eDthl agendaaDJ integrnte ouTgreen
values into 011 that we do the differellt fi￿￿1008 of the synagogue , we CA)tnmissioned a Green Buildin8
Audit report. and ¢stabl1th￿ a roadtDap le￿11￿8 to a¢hwYiDg th¢ F￿Juda￿ Ifonn¢rly F£0S￿￿s08￿) Gokl
award in the course of the upcoming fillancial year
]atter c¢)ntinuing to draw increthljle. higb.profile speak¢r5 attracting rerA)rd audiences including both Jon so￿1
and melv￿ Bra8g. We wejr also privilegd to vrtlethne &udMK, Ben (kri for gn C￿11]g in conversation with
Rabbi Wittwberg.

THE NEW NORTH LONDON SYNACOGUE (A COMPANY LIM￿ED BY GUARANTEE)
TRUSTELS, REPORT
FOR THE YEAR ENDED 31 OCTOBER 2022
What our goals for the y¢ar, I￿￿ did these pl*y out AgaiDSt our strategle plan.
Oltr iwo main sta￿d goals for the Y￿ were e*pclty bullthM& and. Ttignititig and eohesive eOmmUD•I
eDgggement P05t-p#rtdemk.
Addilionally. with ourarnbition to attain the Gold Ecojudaism awrt we ititertded ￿ further embed our tnwirntymetttal
Igenda and integtate our greth values tnto all that we do ¥Cr[￿ the ditTerni fijnctions of the synagogue.
Drawing on recornmeJyJations that emcJged from eonwltancy work con)n￿ in wly 2022, in order to reflect our
8rowth in size and complexity, a￿1 our need to resou￿¢ the breadth of our activilitts in a way thai is professionai and
resilicnl we a plan to ensure Toles in evw part of the organisation (rthbinicaL profe&4ional, 8overnanc4 lay
leadcrskLiP) be designd to be man¥eablc within a reasollabie (albeii fiexibkl wokng week. and to enable NNLS to be
mor¢ ¢tricicntly, attd have resource in p]x¢ th&t bct*r mcel8 our neojs.
As restrictions gradually cused in 2021. whilst the syDagogu¢ had done well to sthrt bTinging the cornmurrity back into
the building. we recognised that anothcr kny go41 for 2021122 was for o)ore to br Ik>ne to ensa8e a wider group of
members back into ¢yJr physic41 spo¢¢s.
OY¢r the ¢our8e of the year. we mwJ¢ gre41 Strid¢s on C￿h of these Boals which is illustr&wd in detsil below as against
each of the coT¢ areas of communmi life higbh'ghted within ow 2018-2022 strategic p18n:
Jtrrteyf•r 2•1&MZ
Str¢h¢thethlth¢ our R•bblDk it•m
W¢ will conlln￿ io k Itd by att inwirntionbi Rthbini¢
"re4rn in ill or¢*s of cqwcommungj liftt. we will
incru8¢ the c#pa¢ily ofthis te*n to * le&tt the L4uivaknt
of three full tim¢ Rabbi$.
IA swe ofour rothmic remainlng41 ￿￿￿111.11￿¢ rabbts,
ihrOugkn￿ thts)w. Rabb￿ Wiiienberg andShalevttMls#ued¢o
Fro￿de trceptt¢MalJwn ro (*>pJupNhlry. efvrts ¢0
enlarye ourrabblwr ieom cupacity I￿rePut inpldte ihn)ts8+knui ihls
inwlwngaslKwftcaut, pmactiie8lobal.*earck ¥vrih
recrwthteryi ofai lewionefyrtherfyll-ome rébbi immlneni ai ihe ilme
ihis up4oie. Eifortl lo ensurttsfytsirepipeli*eofrabblx
mveaLw￿1th pb¢e ¢he uthbllshfftni ofo Kew
Powuwal
OyrAtlolls
We will incrt4se thc cffff¢iVcn￿ ofknw wtmwe ￿r
daily ot*rnt¢M& 8iving it th¢ ri8M •mount of rr%xN¢e aThd
att¢nuon ￿ that the 5moL*h nMJninB of ourthul wp)ns
ourstsff and evuyc4Je in thc ÉxThrnwiity.
We<Y)mrnwrfoN¢dd eortMlth•i In early 2022 ￿ myew ourwoyrce
deli￿ry0￿bIIk0As. on the back ofx¥lKh ¢ngagedAn
orxavivooonol rulThclure wilh a bgew io rewewirtg ¢7nd adding io
resowre I¢￿ts Itoft wtth the recnii&iieiii 10 o Jiew.f¢uior Chief
(¥¢r￿l￿g OffxYrml¢)ondthwmthgowall efficiencyory knw
NNLSLr
Wealso apro¢w Ofr¢vlth￿￿80Ur lay80￿￿onCe&i￿c{ure&
gfvry ¢kn co￿￿ratiOn loa nmrnber ofihe con￿lIaN i

TllE NEW NORTH IA)IYDON SYNAGOGUE (A COMPANY LIMrrED BY GUARANTEE)
TRUSTEES? REPORT
FOR TIIE YEAR ENDED 31 ocfoBER 2022
Sen4ces & Splrftuallty
We will f(Kus rrt) how we man88e (wnic d￿n￿e inour
A keYf￿￿or￿mvs￿O￿I thiy)Y4rNw ts M￿l￿￿te &pirttt￿Ièrfd
irytslity auofourseriucu andaci1￿lles, lrye¢dng
community and ￿lt￿n¢t. Wc ￿1] thitiAue titAtth8 •trJ
dcvdiyin8 th¢ vibranwof all ￿1¢4 ￿ that (x
￿1] wani to th)tne t(YdohtyinFry￿￿￿CVft￿.
OFPJrttsniiy w evoblecokni¥e connettiort& io bt Mad¢ and
Teloiion3hlW￿ be srren￿he￿d- oxdfor olle0mm￿l￿e￿¢nl¢￿l
efforts io beo7wideyed ittduytonar its COK ThtsJknweditself
Ihrougk ofjnwll bwefr{l￿ I￿roduc*d6Y
eoclj su¢h Ar rn£mheryokr7eti m*Norl£t. MyJe
Jorypr¢xntorlaRr, sp￿&11 b Ht ￿￿¥V0h invlrailon Sh¢bboto¢ and
rnIK)uA hos1edSknbb￿
In Jpile 0frt¥rrt1￿laprt-cDv￿S¢￿￿ce￿, we contim4ed￿ offer
strtomedpTo%tslon boih Off Sknbbalando￿rlhe High Holjdays io
Jna¥then whD,foT vapioiu rtayoiis. sillldtd
There o slf)w&ffddeodyrethrn lo in"person mth*vk
LlfdoJJg le•rnl
We will wntinue to tOdtt￿ their
Jrwi5h Iramin& r￿0￿1￿1￿8 that NNLS Itarnin8 ￿79ts
alon8sid¢ mthy othtyww¢r8 of JNsh leurnin8. We will
nurtUT¥ Iixjts ini¢ia¢ivw and to
Jm¢ t()8¢th¢r proÉ¢tiv¢ty in gr<NJp to ¢T￿¢ thcir ow
1¢omit)8 Witir&
Thts)w. carefyl con11de￿o￿ 8lvwt to the gr*siron ofwWch
elem￿tsofJ0¥ijh leorningshotsldconitntse Ihmuglr oprlrne
gagenren& ofv hfvldopdoju. andwhen Iw-p¢rooA
prtfembk.
In ddiiion ID re-intyvknifvgmanyofomrregulor ￿￿klY ttndmonthly
leorning ￿ bdngback in-pfrson (andothers becomln8hybrtd). new
dnYlopwipTojed thoi ron bernYeH Pesoch 0ndsha￿L andour
017 knfe on Eorth serie3. amd. oldfOw￿rI1£T (Lt fri
KRow4J¢*¥yh PrAIv¢7ndihtH¢brewReadiTrg Cn&fh Cw
P•itorAI Care
We will widen p￿ra1 care in the ¢unM￿lty And rAi8e
awar*J4￿ ofwhal we offer. We will stYen8thth ÉM
profcssional *•rn with an ￿$11￿0￿￿] Jraff mcmbcrio
skills, experien¢& cyily and LXFLydin￿W￿. 10
SUPFQrt and thlin ffiJrthcrBTOUP8of volunte
LY)4rytimvl togofrom ¢0
•nba4dedthr￿gh c(*llthrail¥e *vp*ofrwrPaytornl Co
Coonlwtor. ihe olCh¢V¢d￿￿fjfe¢l
was81￿￿ io ihearea ofna4rn-di￿rF1ly
onssi 0￿r)I￿peop￿ andthe brotsder IP￿110￿ of lovelwskf
ocn>u ih¢
Mmben ore contth#owly ￿￿ChedbY&￿ol1¥e51urSF f¥rn¥ryd
mil%ttoJ¥e ￿.rthknYs andkey life-orle t￿1￿.
Tlkkw• 01￿
W¢ will build on th¢ $IT￿g iniwrA •TKI vojunteuin
PWYIQD firTikknn Olorn emongx nwiy in thc r(rnwiity.
We will b¢ip pa)ple w(rk togrthcr and kn irtflym*￿
ort proj￿¢$ atkl find wayj for ini
with othw faca8 of shlli lif¢
Beyikn ouron¥oing wiihfo0dp0￿Pty (fhrough Fea¥1 iyiih Us
tzTrd¢wr newhbourAtThOlwedfoodban*colleciton xvrk} ond with
homelwn&u (Ihrou¥h Hon￿e$S AGlion BfJpno). ay ￿lIedabo￿a
.feN¥ty￿ efforts io hos1
Ukro1*lt￿ r4&grtt. TAts thefonn of.¥unrykrtrng NNtS ho
Janulie¥ Gndpthpiingan after-sclwlcl¥bfoT childr
Goldawrd

IIIE NEW NORTH IA)NDON SYNAGOGUE (A COMPANY LIMITED BY GUARALYfEE)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 ocfoBER 2022
Communitiu witbin cuthth*41ty
We will build ￿ th¢ pilth SL*¢mc of
cILampion4 growing th¢ numbtrof neigbbth
in¢1￿je￿ and th¢ iDfrathiLture at)d ndworks ai thc I￿81
community level. W¢ want this to ¢IT￿d to all 8te&8 of
L%)mmunai lif< in¢ludillg voliinteerin& cart of thceldcrty.
carin8. hOSp￿lIty. lifelong leamin& T&*uM)logy will help
In ih¢cowy¢ ofth&siYar. Mefvund lh￿ ￿thI￿rren￿1￿1n&11vP1aTr1
lnsoMegwsrnph￿1artO$ (more ofiert locaieda liiilefyriheroui
from ilre s￿&0£￿t) Othe￿ became actiFY. ondm kn'gherpriority
¢heygfOre￿￿n to tdryeting *MOSLfspecific comnwnlty cohons
bawundersthndlheiri￿ertfts ondneeds.
1niiw1fnu￿e￿effor￿ H¢r¢p￿ thlo the YowigFt7milleJ Yomxg
Adylicoknrts.
her&Th711-givw¥ ¢o*JmJiMlty bU￿.￿g￿li￿li￿ ixcmdedihe
Al￿ng$ ofll SkrnrytdKnee￿re￿1xgxT0tsPSerteJ, a wzriety 0f￿-
person TecTwiDnaloptsOAV imcltsdingwga. pilaru. dancefiiryess and
bl&wuit, attd, of ¥wiorupmjects iAalgrgw u￿r
I￿￿oWn iRcbthg The fuesdoy Cknb and ikn Ideas Book Club,
Myllof the &i*)¥*-menrioxeddailyonlitte ma'arivseryic¢J.
VoluA¢¢¢rlrt8
Wc will m&k¢ a *p ¢h8ll￿ in thc thos of volunteuin&
building mor¢owwWniti&% to ¥A)lut)￿ within OJT
communiry, wclcanLEIK all MertLbtgs ￿ dew their
involvgnrnl the shul. W¢ will ha￿4 ckwv8et of
committees to orybni¥¢ (wr wth, re&h out 10 all MunE*J5
and grow our ful￿¢ #thiwlay l¢ths
Besikn ihe mffterotts wl¥ntsepy engagedln our nu74n
Olanrprojects artdthe *ry larye mimber5 in delivering
MYeWySh4thkn and Yom Tov3eryic&*. whdKsome47reas of Lvlunieer
rrtniitnrKI challemgl4Y& ￿lU￿re¢reng0ge￿e￿l wrfih securtly
0ftdk1dd￿h knpl¢wupswiif￿rt1IYxIKCeouf￿ll1R-p¢1J0Th
o￿T tl¥ lari)Yar ihere kn been o recognirion ¢hGi comjffonty iosk
rdfvtsh. iedms are more Éffecin* ilw ¢￿gOIng staryding
Cvllllllillxr, li hav been Ogretdih￿ ihtsshould ￿ ihe K￿Y
t1￿ tsrhepreftrnedappmac
YouDg Adyhl (IWI
We will ¢ncnura8¢ yOWI8 ￿￿lty to f￿ sharfy4 ownu¥bip
in our (lYr￿UnIty by buildin8 8 much more ddiberatc
apprO￿h ¢0 in¢lwJing atMI welcomin8 them- in
TViC¢S, our ¢(¥nmine¢6. ￿ 81￿ Supwrting WMI
facilitsiing 5wific 4nd ¢vffjts 18ryethl ￿ and
¢at•rin8 for youM8 ￿ul
The Aew, .T18￿￿¢￿tttty ￿&{{￿dch0ry1￿ siNc1y￿￿Or 2J-30)Yorold
Iwroduced rhi¥)*tsrp)sill¥*ly reJulred ix c.JO newjvungaduli
mrnkrsi8n-¥PS.
A AU￿r￿r0￿5￿&￿￿fyI IA-pern)n)vungad#l¢Sht7bkni meo15 Wern
ththirtlvdedMV￿tt8￿8eilW wtih ihe Ohel Moed
ConlinU￿cO1la￿mll0fi hryih ihe YokngAth4lipmfessionalai
M4250rt1Judoknn en0bled0rtgosttgappmpr￿leshanN8 0￿d￿￿
Ondtrotr-pron￿rt0N ofewts, athIa￿l￿n¢t0fduplr¢dl¢d Lwrk i
Ik￿ QT¢4

THE NEW NORTH LONDON SYNAGOGUE (A COMPANY IIMrfED BY GUARANTEE)
TRUSTEFS, REPORT
FOR THE YEAR ENDED 31 ocfoBER 21)22
5¢h￿l A¥e larnlmg
We will ¢i>ntinu¢ ¢0 stru)gth￿ wrwagane*t
oprKTrrtuniti¢s we providc for the childrtn and
of ourtommuttity. We will empby a youth to
htnG¢wrtrfflag¢ provi*￿. will rcwew tefilah
provision. w¢ will ￿ph)[C nvw way5 to insthy(•m8
people in thestdev¢kpnffjts.
oK¢agoui be oble £0 nin its Miju￿1Fe6nts7ry holf-ierm MldtAlrfoL
ihelrfyllw of)Yor-gFvrw shobbo10￿%
ihe Ntek-long noR-TLfts4etywlSrmerSchemefvrReceptlo
ioYe4r4&
O¢here￿nts ihoi ￿￿e bmu¥hi lime since rhe
pathie fMrErev Gib￿￿ b'nei milzvahjoww welcome
e￿liNg￿r YedrOstsidents&ndL6•rftwviliaf,' ourE￿￿￿80f
Cre￿￿ltyf0r Year O & 7 b rnththfanjilies.. and termlyD
Torah WortJhop
137on the yeguwforKe￿lQ￿￿ O¥h£F20Modrichim)
d203 orHodeTechpl¥s 15Madrichim and40 Mebrylors.
A4dldoF4Uy, N*W30 T(ar8 Mentor Trolnthg
and rw ￿ 20 Year 9 a lotse￿tR&Ogt IN Hadrothah fle4d¢rshlp
Imrwn
A n¢wJnonthlyKabbaloiShubkn&nK INSlrabbd¢servltt
I￿r￿CEd￿rI￿￿1li￿ wy¢hprimaryschool6¥edchlldre
W¢ c•nllmt¢dts trf¢r wMWyShobbormL¥thgelthJt 8Arrf¢ufar
Tnddl¢rn. Infonts rn t7ddrfvon to Fomily oftdExplonalOry
nrf¢wJeAed¥ltd¢wy N*ich ho￿ he£ome ¥*ryp)pu&r,
￿Me￿I￿￿edbY vp to 70pgople t7nd rndeedfvil￿I Fdmlly
&nryces ha¥t re￿l￿rtydIOwm w> to 150,. ￿￿￿(hIY Ton7h
Brno¥oJtsfor Yeon 5 & O-drth¥yng lj.30￿￿8F¥opl¢ each
I￿?￿{
Colloborulwn wrih coniim*d wih Noom Alo￿nI Worte
wfor Kwkly Hadere¢h kn th¢y w¢h H¢brtw, Stsldy
Gmuw andHadrachak
Noam Mowmeni Worken txrShohhutsKT ond
r¢rldepthaLT andarnJn8ewiivirieJ Ottfesfv¥￿l.Ifvrotrr ieERf. They
4lso Fndoy at IheJynagoswe
Whlt #r¢ our for the comlng year.
c￿[ key goal¥ for the comittg year are: a) to cotititiu¢ on our journey of capxity i￿lIdIng to ensu￿ a more resilient
Tabbinic and professional st￿bJ[e that befiL% the size and cornpl¢xity of the Syl￿0¥uc. b) to work through the other
Tccommendations mad¢ io the 2022 Consultancy Report the ¢r¢ation of more effective Bovernance sirncfures.
priKc&scs and pro¢¢thu￿. and c) to focus on the str*e8ic i8su¢ of IK)w w¢ b&si manage our scale in the years ah¢ad to
de]iver thc best s￿0&u¢ pmision to 0￿rm¢M￿￿.
Our iDtCDtion is to T￿rnit ¢mTrtd at le&st one DJ)re fidl.time robbi 10 joiti tlke Trbbinic t¢wn- anl to fill th08e posts
not yet rccrnited to within OUT Tevixd organiytional sttucth, which at the time of WTitin8. iwluded a full.timo
ComnJuDication5 Mana8cr and a part.time Comtnuoity FAgagement coordina￿r. We will CODlinue to invest in team.
i￿lIdIng it)itia¢xYes and b&st worknn8 practicu to CDable th¢ o¢w team to establish its¢lf alld reach IL¥ fidl Wential.

TIIE NEW NORTh IA)NDON SYNAGOGUE (A COMPANY LIMITED BY GUARANTEK)
TRUSTKFS. REPORT
FOR THE YEAR LNDED 31 OCTOBER 2022
More Effective Gov¢TD*ll¢¢:
It had been eyidcni o¥¢r th¢ l&¥t f¢w yews that some Improvernen￿ were needed withio ts governance smicture. After
a review comulling both s¢aff and lay leadas it w&$ ￿k￿wItdged that th¢ Str￿1￿[￿ w&% oV¢r-enE1ti￿rt Tesource
intetisive and insufyicientiy flexible. S¢v¢rnl changes to the governan￿ SLTuthTf gnd scheme of delegation are now on
eourse ￿ be Pres￿ted ai the 2023 AGM. These include changes to th¢ Couwil structtlre, the prioritisatioll of task aDd
fthish groups over standing c<xllrDittett and a review of l￿W Couwil m¢etitiES uiilised to ensure best practice.
Mana8Allg our Growth:
NNIS was founded ia 1974 withm the of 8 8moll number of¢n¢husi&stsc mt4nbers. Today. NNtS is one of the
larg&8t synagogues in th¢ ¢(Xthtry with circa 3300 Members an4 over the l&st few year& has seen a growth ra¢e of over
2% per 8nnum. We 8T¢ ¢4)nsi¢krin8 th"fferent growth scenarios lor the n¢xt few yeas based on our own demographic
analysi4 UK c¢o8us data and JPR dats. Whils¢ we th) not believ¢ iti growth for its sake, we ￿ uneornfortable
turning away anyone who wonLS ￿ join ourcommuDity. in ￿[tiCular. we want ￿ keep under review OUT currenl
apprLM¢h to limitmg the numEer of B'nei MiQvah we caa ￿￿Mmi￿1a￿. We want our SiTe slratw io eD2ble us to
coniioue (o ensuK¢ provision in all o4Jects ofcA)mmuDal lif¢ reMti1￿ of the bighesi quality that OUT s¢rvi¢¢s and
programmes are innovative and meaningful. accessible and per50Dal. Dwite our SI￿ and gro￿, w¢ l￿d to ¢nsur¢
that we hav¢ th¢ ri8bt twmber. qualiiy artsj diversiry of professional and rabbinical Staff 4iong with th¢ right $ust#inable
space and fmoncial resources io tske u5 into th¢ next ph￿ of NNLS'S deVelo￿¢nI. After att inilial strategy day with
professionaL rabbinic and lay inpui we are reviewing the options io
PUBLIC BENEFIT
Trusteg8 knve • &knty to report on the public beuefit provi￿1 by their cbority.
The section aknve entided 'obje￿I¥¢$ ODd Activitie8, (NJI the Syn8808ues objeLtives and re￿Its on a¢tivity and
success¢s in th¢ fllw)ciAI year* as well as w>laining th¢ platts for the Cu￿1 ye4r. 'll* Synfygogu¢$ work
benefits in the fwst inslance PCTWTL4 of the Jewish faith WI￿ wish ￿ be Athively involved in Synagogue activities, but
through ILY sponsotship of iDvolvement io charitable givin8 ￿cIal ac11c￿ by its and through its interfaith
and othtt outreach acuvity. it also benefits many other clas9e8 of pwpk in¢luditt8 ind1v1th￿IS in oeed.
Th¢ Trusttos, baving given ¢Br¢fvl cowiderntion to the ChaTity Commission's 8cncAI guidance on public beDefit aod in
particulor io its supplementsry 8ui¢Joncc on the advaw¢tn¢ni of reli8iOD for the public ixn¢fii h8v¢ ¢onGludd..
ThAt the aims of the SyJaEogue CQDtitiU¢ to be charithble a￿1 thue is a moral and ¢¢hIC￿ fram¢work which
is prouhoted by the religious w￿k of the organisaiion.
That the aitD8 and the work in puT￿Jan￿ of them giv¢ ¢learly identifiable benefits to the public inclwdin&
both indi[￿llY ond direedy, to itid1v1th￿Js in n¢vJ.
That the beneflts ar¢ for th¢ aThl are not restricted iti 8ay way {including not by 8bility ¢0
payl: and,
That there is no signifiwii detyirnetit orborm ￿151￿8 fr￿n the aim5 or a¢tKvitse8.
FINANCLIL PERFORMANCE
Th¢ chority'8 principal ￿lly¢¢ of fund8 is from merni￿1p Wb5￿1pt10m and &knatioD Cb￿8¢8. whith ¢nabl¢ it to m¢¢t
its ti￿1n objectives of ciFndwtitig th¢ athivities of the TrINLS. lo additioffj the cFwAry receives substantial d(Trnations from
lime to time. much of which is for s￿ifiC Restricted Fund ¥uvity. We keep close financial ¢ontrob. budgetin8 at the
$tart of the ycar and CaTefullyrtv￿Itsg anyWpeZt￿1¢o$ts ¥Tising. Actiyities are budgeted as far &8po&%ible to reeovcr
their own incremental ￿)SL

THE NEW NORTH LONDON SYNAGOGUE (A COMPANY Li￿[r[£D BY GUARANfEE)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 ocfoBER 2022
tknring the yeaT. TwIKd th¢ cnd of th¢ pthic and emug&l from the various restrictiOn8 and ]￿kdo￿ tbe
fmancial wellbeing of the Syl￿go8￿C hy8 ¢ontinucd to Trmain extremely strong and n)buA. thwing tbe course of th¢
year. the membership of the Syiwgogue conlinual kn grow and we bave been morn yJcce5sfvI in recovertng unpaid
embership fees. We bAve alsTr beffl able to genern* grea￿ income ex￿¢￿1 from hall hire, Tw￿￿]￿8* ¢onversAon
ours¢s and tiGkeL¥ for High Holydays. Also. the inc4)me T￿￿1Ved from Gan Alon has prnved to be greater than
anti¢ipated due ￿later uptske of aftern1￿￿ ￿lOn& 8 I￿ger of Vohmtary Contributions made by puents
and 4]arger than budgeted grant made available from the Lathn Borougb orBan￿L
On the othtr side, thm8 the eXA￿se of the year, the SyDagogue has b¢en fa¢ed with add1tiDn8I4T￿ unanti¢ip8ted
expenditure rArtly due ￿ the substantial increaw in eoeoy costs. So far, we have only been irnpfictrd by substantially
incr￿Sed 8as chargtt bjt we env1￿C that (wr ek£tricity CA)sts will a]80 increase ma￿AlY in the nat y¢aT wh¢n th4t
contract com&8 up forrcnewgL
Also, following ￿01￿mendatiOnS mad¢ from • eottwlthwexereise vthich examined retA)uYee levels 88aillYt our current
and futur¢ wirations w¢ ellgag￿ in #n orynistitional rests￿c￿￿e invofvin8 some staff changes. This in bjm ljad an
impact on ow fm8nws, but w¢r¢ within manageable tolerHnce levels in the latest fJnanciAI year. Imking ahea￿ we a180
felt that the decisioos made around enhanced sthlTm8 levels shcvjld be affordable, ba￿d on the curreni levels of reseryes
along with tAkrn8 J nurnbcr of proactivc stqm plantt•l to raiqe fifftber income. Going fryward, we propMe to n￿intAin a
robuyt balunc¢ of our inwm¢ 4ud cA￿￿th.￿rt.
W¢ have a]so faeed othtt iticrew8 in exp￿di1￿C ¢kni08 year largely ari8AD8 to the 8harp increases ill infialion
duritig th¢ eourse of th¢ y¢ar. We eottiinue to wiiew c￿lty expXdi￿re itemg 8# well as reducing the ￿0pe of certain
pIAttned expendiiure.
The i￿￿{ on the Syll4808ue ofth¢s¢ inllatioDary headwinth ¢oulJ thettfor¢ bave b¢¢n very ¢h811eositi8, but weful
manayem¢n¢ of the various chall¢Dg¢& both on the in¢ome #nd exp¢ndiiurt side, h¥s seen the Syn88ogu¢ ￿viga* ¢0 4
finallcial surylws.
Th¢ Audi*d Rcwt Ifyl A¢wmts fty IIK yo ended 31 October 2022, which arE to b¢ put to Mcrnbryj 4¢ th¢ AGM on
22ty1 June 2023, r&wlthd in a surplus before ￿￿￿￿e[S of £52,761 iti rtspect of the Ulvethc￿ incom¢ fill￿&. on
unrestri¢ted income of £1,784,133. Restricted movemthts in the year have resulte41 iti a defi¢il of £16,182, and 41
the year el￿ the Syna808ue held fill￿ for wific rtstricted fund pllrp￿ of £170.236.
UDfo4tricted Fund4 are in the main tho*e receivtd rncmberxhip ￿b$crIPtIOn￿ tdu¢alion chwrge8, th￿tiO
¥nd donatioL4 foT the runnin8 of the s￿ogue itscif. Rcstric*d Fun<Ls are tknse re￿1Vcdana utili8cdonly tn accordance
with the don0￿. wi8he4 for specifK pUry￿ such 98 the Eccle5i&Stical Sal4ries filnd. thc Tikkun 018m fund. the E£0
s￿agOgue fimd. the s￿&S0￿U¢ Ar￿0￿ fun(L" the Kibl￿tr Tre¢ fvrKI.. the fvnd; the WintCT Night Shelter fund.
and the Rabbig, Diicyctiow Fund&
The Fixtsa knets Fund. Buildin8 SAnkin8 AV F4U￿#￿t Fnvironmental F￿ent Futtd attd St¢itiW4y
Plano Fund are as separate Designated Fwids. TheFixoJ knets Fund I￿S been managed sq)arately, again uttderclase
financial control. The BuAldAn% SAnkioR Fund As atnounts &8ide for cyclical ￿pairS. matlltrnance and refitrbithment to
the Synagogue'5 building and its plant and mKhinery over the corning years. The AV Equipmeot Fund 18 sums set asAde
for equipping the Siwogue with streaming ¢quipm¢nt kn enabl¢ streamed 5¢Tvices and other a¢tiYiti&s for the
mmunity. Th¢ Envir(Klln¢ntal Enhancement Fund isamouul set aside for improvingthe Syl￿gogUe,5 green credentials.
The Steioway Piano fund is amount set aside the iogJriDg and maiDtsining of the piano.
At the d￿¢ of thisrewL 6 full-time and I I pth-iime (ccqnbined ￿UatIng to nearly12 fv11-time qulvalents}prof￿71TrnlllS
support the pastoral. welfare. culttwai aod adminislration of the Sytw and tbe community. In addiiion, Gatt
Alon and the Education Dcpartment programm&s hav¢ 31 5tsff 8nd tcach¢rs and a firther 42 teenagers who act
&85iStant tca¢hcr8. Wc arc ¢xtrem¢ly grat¢fi￿ for th¢ ¢on¢ribuuon of ￿] the staff to the 8yTragoguc.
io

THE NEW NORTH LONDON SYThAGOGUE (A COMPANY LIMITED BY GUARANTEE)
TRUSTEES? REPORT
FOR THE YEAR ENDED 31 ocfoBER 2022
The level of ¥tivity within the Synagogue every day h&8 beth thaintall￿d by a large nlaiority of our Members
payin8 full fe¢s athl via Gift Aid along with other genemus donations from me Members, often marking life-cycI¢
events. The majority of Memkn pay their subscriptions by dired (kbiL which aids our management. We
catefidly monitor the nwnbu of Mernbus who cami¢X pay the fi￿1 frys. ￿1￿ce this is a key element of the overall ba]an¢¢
of our iticome and exp￿ilUre. Duc to the impaci of thc pandanic the onset of tbe cost-of-living crisis on a
nutnbcr of our Members we hpv¢ agairy where necessary. agreed subscriptiOtL br&s and flexible paymenc temis. W¢
continue to review of feu Jndotheri*msowiDg andhave T￿)￿l¢onItolS9lldpro¢vdUTeS in place to manaR¢
aDy Poteniial impact.
ur4DRAISIF4G
The thurity undertak&q xuvity to our Membens via direth maiL ¢nuil and dire¢t CA)ntaci &t events. We are
¢ommit¢¢d ￿ ensuiitig we are ccrfDpl¢￿Y Op￿ attd transprni abrm¢ our fiuthaiw. the eauses thai we supporL
and all￿ation of the raise4
The charity'5 main fundrdising activilies f￿15 on the n¥0 key appeals * the Hi8h Holydays and at Passover, when
appeals are mad¢ for Mernbers ￿ supy*n a number of ¢xtrrna] charitsble ￿se8. A Tzedakah IChoriti¢S) Committee is
in p￿¢, with & volunie¢r nmnber JoiDi Chair and up to five other volull￿ MernFrtrn. Prior to each appeal. th¢
CoDimitl¢¢ puts a Call oui to NNLS M¢mber5 to nomina* charities they would like the eommunity to 8UPPOrt'
nominatiorL¥ are collsideroj by the Cotrllnittee. and part of this proc￿￿, th¢ fillon¢i¥l ￿OUnts of the nominated ca￿8¢8
are ¥uutinized. 'Ile Tudakah Committ¢¢ then puts forward its TecommeDdalions to Couttcil, who fornially approve the
hos¢n for each appeal. On¢¢ decided, (ktAiL4 of the ¢I￿enCharIti¢S ar¢ publithed to the community and Members
can ¢hoosc whether or oot to donate to one or rnorc of the arveal caus¢s. Fun(ts rni8ed will be pa&sed on to thc chosen
charities with Gift Aid relief cjaimd by NNLS on their behalf wh¢r¢ possible. Care is tsken throu8hout the process to
nsure the ￿ndraiSIng is done is an intrusive manner. Membu5 who wish not to be conthcted orc clearly indicHied on
our dgtabase, and Members. dats ig P&8s¢d on to the chosen Charities wilms p¢rniission is expressly given by ea¢h
iDdividual M¢mb¢r.
Other smaller sc8le fithdrnisin8 cattlpaigns ar¢ (knie durin8 thc yeor {e.g. ￿ sotDe of the o¢lw Jewith fcstivais). as well
as some dire¢¢ rwucsts ofmembers for s￿lf1¢ dots￿1￿ to NNIS itsel£ as to owk a iife-¢y¢l¢ event; thi8 would
never, how¢v¢r, be conducted in a coexive manncr.
The cbarity 1$ ¢ommineil io hi8b athlldarth in furyhaiw and kn ￿108.
clear, ho])est afyl (yen
fair and rewrtable
accountable atsd rcspnyll >le.
Within the last 12 months, we did not receive any cotnplJiDts our fijndrnising xlivitie4 llor did we wodt with
profe￿10￿11 fundrai￿.
RESERVLS POLICY
It is the policy of the charity that unt￿trIct￿l Futtth which have ￿t b¢¢n d￿Jg08*a for a specific purpose {"the fre¢
") should be PT¢fcrabty maintained at a level equivalent to between two and six montlL8 of Uurestri¢ted Futtd8
expenditure (UFE) aTnouniin8 this fiaancial year to be￿£t￿ £302,WO aod £906,OCK). The unr£8trictcd general funds at
31 (ktob¢r 2022 amouni ￿ £987.843 whidl is SI￿h￿Y atr￿Ve the r¢quir¢d level. The fire reserves may from lime to tirnc
fall below this l¢veL but tbc TTUStees were comfortable provided that unre5tTicied were at least equal to
th￿£ mooths of UFE. The POSitiOD is also rcgularly revievMI a￿j plans in p]xc to use the rsseryes to besl 8ervi¢e
the community

THE NEW NORTH LONDO1¥ SYNAGOGUE (A COMPANY LIMITED BY GUARANTEE)
TRUSTEES, REPORT
FOR TrTAR ENDED 31 OCTOBER 2022
The TnL8te¢s hav¢ asge88•1th¢ Ti8k8to whi¢h th¢ cknity i8extM)*d 8rMI are gati8fied thatSy8tem8 Bre in place to mitiga
exp)suKe to the majtrrisk&
implemented), include..
Stturlty. ternjrisrn thrrat.. stq>s tskcn to mitigate against this risk irtclude on8oing intttactiott with the Sthberg
Centre site profei¥ional $￿UrIty ie8m (and Continual revicw of leveb of profcssional guarding wuir¢dl, who in
turn are in ¢ontiDU(Ws liaifjon with th¢ Comuwtllty Seeurity Tn￿ {CST) attd the I{￿81 police; supplernenting of
professional securiry guarding with regular volunteu xcutity roTas,' following through with various
recommendationx madc by thc CST Yis-a-vis thc sitc's perimeter walls and aE)prwiate equipment; w)lioi&4 in
place foremergewev8cuation afyj invwtion (lock.insl.with drills a￿l￿}ning a8 aP￿0priatc.' a full'S¢¢urity'
Risk Regisler is mainttiined aThl rniewed on 9n ODBOtog basi&
Sifeguirding risL8: s￿S taken ￿ mitigate against these rÉsk8 include saf¢guwding p)licies iti pla¢e iM)th fc* Gan
Alon Pre-SclKM)l And the SynaBogue At larse; Senior Leads WMler80 bi.arnual refresher sofe8vardiog
training. and the SY￿0$lle bas a desi8na*d safeguarding on an onBoin8 basis.
Health & Safety risk8: actio￿8 tsken to mitigate agaiDSi th¢s¢ ri8ks iticlude systemati¢ building iJtspxti0fj8 I￿ltI
assessmenl,. employer's, public and produci liability cover is iti plxe with .
Fln•ncl*l Rlik: the Finance Commiltre meets quartcrly, on¢of whos¢ purpo￿ is to Ove￿ fill4nci￿ risk ofthe
s￿9808￿¢
Other RI￿$.. a full Ri.¥k RL8L4tcr det•ilin8 other po*niial risks to NNLS is mainthined and reviewed on an
onBoiDg buis. and a new sy81em of review in the ¢ODt¢xl of i dedica*d Ri¥k Cornmiuee w•¥ e4stabli¥h￿ in the
Tn￿tee8 c4)ntit)ued ￿ monAts)r these risks OD 80 ODgOiD8 basis thr￿JgI￿)Ul this pagt financial year> an4 BY and whcn
TestrictioTrs and lo¢kdoiwD were relaxed a¢ differn¢ FX)inty our detaiied rixk &88eum¢nts w¢re kepi uplated. each time
en￿rin8 NNLS f￿lY Covid compliant in line with Govcrneni Guidance ai the prevailing time.
In addition to ongoing revlews of Government Guidartce, the Cbief F￿￿￿tive regularly engaBeA ID significant
COD8ultation with o¢h¢r syl￿08U¢s und faith-Ewed or8atLisalionK Ind with Barnet Public Heatth.
ATEMEiYf OF TRUSTEES, RESPONSIBILrriES
The Trus￿ (who J130 Dr￿¢0[& of The New North Synago8ue for the purpow of conwany law) are
rt8wnsiblc forpreparin8 thc Tn￿, Re￿￿ and thc finaTKial statemeols in accordance with applicabk law and UDi*d
Kingdom A¢c¢)unting Ststhd4rth Iutiited Kiti8th)m Gaxerauy Aecept•J A¢countin8 Practice).
Company law rn4uitts the Tr￿SleeS to prepare fmancial sthtemeDts forexh rUw￿la1 year which give a true and fairview
of the styt¢ of Affairs of the clwitsble eompatty attd of the rnoven￿t in fithd4 including the income and expendiiure,
of th¢ clwitsble comrdlly forthat peri￿. tn rKepariog these financial sthtrments. the Tn￿ are requir&J to..
Select 8uitabk acrn¢iDg wlicies aDd th¢n than fQWi8¢¢ntlr.
Ob8erve the medKMts and w]￿1p1¢S in the sthte[De￿I of Re&*uune4th1 PJ#ctice Cor Clwitie5 ("SORW).
Make judgem￿Ls and ￿11￿41¢$ tha¢ gr¢ r¢wDable and
Stste whether applicable UK AccipJntin8 5tandanls bAve been followe4t subittt to any material depart
disc105￿ and explained in thc fllwicial statem￿.
12

THE NEW NORTH LONDON SYNAGOGUE (A COMPANY LIMITED BY GUARANTEEI
TRUSTEES, REPORT
FOR THE YEAR ENDKD 31 OCTOBER 2022
STATEMENT OF TRUSTEES, RESPONSIBILITIES (continued)
the rInanc￿l posiiioll of the clwitsbl¢ ¢ompatty and en&ble them to eL8ure that the finallc1￿ stsiements con]ply with the
Compani¢s Aci 21K)6. are also responsible for safeguarding the of the cknitable company and hence for
killg r¢480nable gieps for the prevenrion de{￿lI0n of frdud at41 otI￿r llregulatities.
Ill so f8r as we are aware:
there iq no relevant audii inforn)ation of which th¢ ebaritBble Comp￿￿& auditor is unaware: aad
the TrtL¥te￿ have tttkcn all steps tha¢ they ought lo h4v¢ tsken to make thettmelves aware of ally rclevant audit
infomaliott and io establish thai tbe auditor 16 awgr¢ of thot infornmiion.
AUDITOKS
A re8olutiOD Proposi￿ that HaysmaciDtyre LLP be reakV)inted as auditors of the company will be pjt to the memb￿8.
OD beholf of tbe board of Tn
Nl8el Roth
Truitee
B￿¢¢ Rig•1
Trn•t¢e
13

INDEPEI¥DENT AUDrroR*S REPORT TO THE TRUSTEFS OF THE I¥EW NORTH LONDON
SYNAGOGUE (A COMPANY LIMrrED BY GUARANTEE)
FOR THE YEAR ENDED 31 ocfoBER 2022
We have audited the finaocial statements of The New North Lonth)n S￿￿gogue for the year endoa 31 O¢tober 2022
which comprise the state￿￿nI of Financial Activities. Balance Sherf Sthtsment of Cash Flows and notes to the fmancial
sta1￿n¢nts, in¢￿dIng 8 sumrn￿ of signifi¢8nt accrAm¢inE policie8. Th¢ fin9￿1&1 rewrring framework that has beell
4pplicd in theiT preparation is applic4ble ]aw and United Kingdom A￿)untIng Standards. tncludillg Financial Repoiting
S¢and8rd 102 The Fvwncial Rewning StsThlard appl￿ble in the UK and RepublK of Ireland (United Kingdom
Generally Accepted Accounting Prxtice).
In our opinion. the fitiatt¢i41 #at¢EQtsts:
give a tnTe and fair view of th¢ stste of the ¢lwitsble cthnpmy's affairs as at 31 October 2022 and of the
charitable ¢omw)y's net movement in fimd4 including the in¢om¢ and ¢xpenditUT< for the year then ended.
have been prcyerly pTYr￿ in a￿ldance with Uniwl King<knm G¢Dmlly Accepted AccountiD8 Practic4. and
have been pfftpar&J io aCt4K￿ with the re4Wlr￿ts of the Con)panie4 Act 21X)6.
BAJIS for oplnlon
We conducted our audit in accordan￿ with International StsndaTth Auditi￿ (UK) (ISA8 (UK)) and applicttble IAW.
Our tysponsibilitiu und¢r thos¢ stsndard$ ar¢ fi]rther d¢s¢ribed in the Auditor'8 r¢4xmsibilitie5 for the audit of the
finon¢i41 st?tem¢ni$ 8¢¢tion of our rrw)rt. W¢ indep￿1 o(th¢ Clwity in 4ccordw with thc cthical requirem￿t&
thai are relevant io our audit of the fuwi¢i#l ststements in the UK, in¢ludin8 the FRC'S Ethical Standard. and we have
fidfilled our o¢EL¢r ethi¢41 r¢wtsibihties in with thue rwuiremeats. We believe that the audit evidence we
have obtsitied is 8uffi¢ietit and to pwvik • b*&iA for OUT OPiDiO
CoDcluJAollg relAtlll8 to 8oIDg toneer
Wc have nothTns to rep)rt in of the followin8 m8tt•y in ttl*ion to •which the ISA8 (UK) Nuire us ￿ report to
you where:
the TnLYte¢s' us¢ of the going c￿cern b49is of •¢¢oun¢ing in th¢ PnP4Mion of the financial st*ternents is not
th¢ TTUNt¢ry4 hNYc wi d14clo￿a in the fina￿181 5ts*rn¢nl8 any id¢ntsfie4J n￿la1 uncertaintie8 that may cast
5ignifi¢Jni dwbi Jb(vJt th¢ clwitabl¢ comp8ny's ability lo continu¢ ¢0 adopt the going cottcern basis of
counling for J p¢rii)d of at lus¢ twelve months from th¢ ¢Jat¢ wh¢n finwn¢ial statements are authorised for
IS￿e.
Other hrfonnatlo
The TnLSteu are n8p(rfL8ible for the other infomation. The other inforniation comprise5 the infomati(m Tnehthd in the
Trusteu, Annual Report. [￿ropinIOn on the fmallcial 9tAtLYM￿ts ¢kn8 coverthe othcr iftforniah'on #nd, cxcq)t to the
extent otherwise explicitty Sthted in our report, we do Tr)t express aoy forn? of asgmance CA>Dclu&ion th¢rry)n.
In ¢onne¢lion with our ￿dit of th¢ fman¢i81 ￿8¢eMenty re8￿MM￿l11ty 18 to Teod the other information and, in thjn
80. consider whether the other infomialioD is m8wially inconsistenl with the fw8Dcid ststements or our kttowledge
obtsined in th¢ audit or oth￿$¢ appe8fS to be n]4terially mis5ta*(L ff w¢ id¢ntify such materlal inconsisiencies or
apparen¢ m4t¢rEa] miststements. we are required ty deterrnine whether th¢r¢ is 4 ma*ria] misststunent in the fiDAncial
8tAtements or a material mi&4t8ieinent of the other itiforniatithL If. b￿ed ott the w￿k we bave perfOrni￿ we conclude
that there 18 a ma￿l#l misswement of this otr£r itifomutioo we required to report that f￿L We have nothing to
rerK)rt iti this regar
Oplnlons on other matters pregerlbed by the Compamlej Aet 2006
In our oplnion, based on the work UDden&en in the course ofthe audAL'
the inforn]ation given in the Tn￿1￿$, Annual Report (which includes the strBtegic reprKt and the directo￿,
report prep￿1 for the of ¢(xnp8ny law) for the fllwi¢ial ye•r for whi¢b the financial 8tateJnettts ar¢
the strategic rew)rt and the directors, reryjrt Incl￿ within the TrDstees' Annu41 Rewt have been prepared in
￿￿ordanCe with applicable legal rn4UittJtients.
14

INDEPENDENT AUDITOR'S REPOKT TO THE TRUSTEES OF ThE NEW NORTR LONDON
SYNAGOGUE (A COLKPANY LIMITED BY GUARANTEE)
FOR THE YEAR ENDED 31 OCTOBER 2022
eonthiued
M*tter8 on which we art required t• rep)rt by extepthll
In the light of the knowledge and urKJer5ta￿Iln8 of the cban"table company And its ¢nviTonm¢nt obtained in the cout%e of
the audiL we have aot ideotifie4J matrial mi&8tatements in the Annual ReF￿rt (whith incorporates the strategic
reEM)rt and the directors, rwi).
W¢ have nothm8 to rtpcrt in respect of th¢ following in rel81iOD ￿ whith the Con¥Jatiie8 Act 2006 re4wires us to
report io you if. in our opinion..
a￿uate accounth)g re&)Tds hav¢ been kffjtby the charitable conwy: or
thc cltsritable company financial stat¢m¢nts aT¢ not iti a8ree1ll￿t with the I￿O￿ntIng re¢ord8 and r¢tyrn4' or
¢rtain di￿10s￿l￿S Of'rw￿e￿. remunera￿ Specified by IAW are not made: or
we huve Dot rrLeived all the information alld exp]an*ions we require for our audiL or
the TThstees wertnoi entitled io prewethe fmancial 51atem¢nts in 4¢¢ordancewith the small companies. regime
and take *lYontsg¢ of the small companies. ¢xanwions in prtparing th¢ Tn￿ree3, report and from the
reqUireM￿l to prepare Y4 $tr4*gi¢ rqx
Rupon8lbUltles tsf Tr￿Stea lor the IlnADelal st*¢¢Jnats
As explain¢d rnore fully in th¢ Trustees, resp￿S]bIlItieS Stat¢mait set oul Oll Pfi8e 12, the Truytees (who are also th¢
dir¢ctOT5 of th¢ ¢h¥rithbl¢ company for the of compony law) are responsibk fow the preparduon of th¢ fujancial
statem¢n¢S md forbeitig satisfied thai they give a In￿ 2nd fwvicw. atsd for sucb intemal conrrol as th¢TTUBtr¢s d¢tcrniin¢
is Dece￿ary to enable the preparaiion of ststhcDL8 thai are free from O￿terial Mi￿teM¢nI, wh¢th¢r duo to
rraud or ertor.
In pr¢p¥riti8 the flnancial sthiemenly, th¢ Trus*¢s ¥r¢ responsible a5se5sing the tharhthble eornp8rty'$ ability to
Contitiue as agoing concem. th.￿l<￿Ing, ￿ apphubk. matters related to going con¢em and ￿4]ng the going eoncern basis
of aceoutttin8 unless the Tn￿tee$ eitheT inknd to h'widate the charitsble company or lo Ce￿ operniions, OT have no
realig1i¢ aliernative to sks xTr.
Auditor's ruponylbllbtits for the audii of ¢b¢ fiD4lld•l thlements
Our obj¢ctivesare to obthin rc&8onable assuran￿ about wbetherthe financial a whole are free from material
mi&qtatement. whethtt due io fraud or ermr. and io issue an auditor's repm that I￿ludeS our opinion. Reasonable
&s$ur&nee 18 a high level of ossuraD¢e. bui it is not a Ruaraniee that an audii ￿￿luc[￿j ID ￿¢OrdanCe witb Is￿ (UK) will
Iways dctcct a misslaiein¢nt when il exA818. mi&$th￿￿ts w ￿76¢ fyom froud or and are considered
malerial if, iTyJiYidually or in the 8ggr¢gate. try eould rea¥or￿lY be wx¢ed to itifiue￿t the economic decisions of
us¢ts laken on the b&8is of these finan¢ial 8tyternents.
Irregul8rRties, iacludiag #r¢ ILIta￿ of noo-compliauce with14w3 and re8ulation8. We design procedure8 in linc
with ourreS￿n91iJiljtiA outlined aknve. th detect material nii&8tsietllents in rtsp¢ct of itte8ularAties. includmg fraud. The
extont to whictrL ourprocedures are ¢apable of detectiti¥ iryulan'ties, I￿ludIng hud is ddailed below:
B*8ed oll our understhnding of the cbarity attd the etivirment in which il opuates we identified that the principal risky
of non+compliance with ]aws and regulati{￿ related Lo conJplian¢¢ with Company law, employmclli law and bealth and
safety regulatioDS, aod we co1￿￿dered the extent ￿ which non-complipnce migbt have a TnBtcrial eff￿1 on the flljancial
statements. We a]so considw￿ th08e laws and regulalions tbat hav¢ a dirECt impact on the preparation of the fu￿1¢$￿1
swemenis such as Company taw, tbe Ckthrities Aci 2011. Th¢ Staterncnt of Rccorn￿ Practice forCtwAtie5 (SORP
2019). FRS102 and payroll tsxcs.
We evaluated lnanage[ne￿."S incentive5 and opmnities for fraudulent manipulation of the fllwi¢ial statements
{in¢luding the risk ofoyaridc of ¢olltrobl, at￿ detcrrninaj that the pnncipal risks were relat￿ to re¢ognitiOn of income
at￿ managctll￿t bi&8 in certaiD accouniing estimates. Audit WOCL7kn pttf¢)nned by the eng4¢ment team in¢luded.'
In5P¢Cting tn￿. rninutes
15

INDEPENDENT AiIDIIX)R?S REPORT TO THE TRUSTEES OF THE NEW NORTH LONDON
SYNAGOGUE (A COMPANY LIhftTED BY GUARANTEE)
FOR THE YEAR EIYDED 31 o￿oBER 2022
tonthiued
Discu&4iots with managemertt includirs c4Jnsidxation ofkD)WD or Sukwted instaDW olTh)n-compliuKe with
laws and regulation and fraud.
bvaiuating management's controLs designed to wevajt and dete(# i￿¢SU]ant1
Identi￿.ng and t¢¥tin¥ in parti¢ubar iwrnai entri￿ ￿tsI¢d •t th¢ year-¢￿1 or th08¢ with unusu
descriptions. and
Because of the inher(*t limitations of an audiL th#e 18 A risk thai w¢ wiu not d¢t¢¢t all irr¢glllarities. iticludinB those
leadin8 to a material misstaienient in the financi￿ stat¢ments or non-e4Jmpliancc with regulation. This risk incrcascs the
Jnore that complian¢e with a law or regulation is r¢movryl from th¢ cvcnts tran5actionB reflected in the fingncial
statements, as w¢ will b¢ l¢ss lfftety to become aware of trL8thticu of non-compliance. The risk is &lso Breater regardin8
irregularitie8 oGwfTitig du¢ to rnth¢r error. ￿ frnud involve8 intentional cofftcealmen( for¥ery? collu8ion.
omission or misr¢pr¢y¢ntstion.
A bJrther deKription of our TBSp0n￿I>I11ti¢S forthe audi¢ of the finan¢id stytemen(q is lout¢d on the Financial
Reporting Council's websiie at.. WwW.frc.o￿uklaudI
ibiliti￿. This description fonns part of our auditcr's
tryort.
ofour report
Thi5 report is made solely to the cbarithble compan￿S Member4 ￿ a body, tn with Chapter 3 of Part 16 of
the CompanieSAct2￿6. Chwaudit work b&sbeen UDd¢rtaken $0 that we might 8tstrto the eh#ritablecomp¥n￿s Members
those matters we are r¢quire4J to 5ta¢e ￿ them itt an Auditorfs r¢wrt and for ry) othtr ￿rpoSe. To the fullest extent
penlliited by law, we do not accept or J55um¢ r¢spousibility to attyone r)ther thatt the ekntable ¢ompany th¢
chan'¢able companYs Membu5 as • brxly. for our Judit w(ffK for thL8 or for the LT+irti0ts8 we have fomied.
Adam Hatsey
(Senior Stowtory Auditor)
For and on b¢lJalf of Hays1n￿lnty1E LLP.
stswwry Auditors
10 Quttn StTe¢t Place
EC4R IAG
Date.. 25 May 2023
16

THE NEW NORTII LONDON SYNAGOGUE
STATEMELYT OF FINANCIAL ACrnT￿ (INCLUDfNG INCOME AND EXPENDITURE ACCOUNT)
FOR YEAR ENDED 31 OCTOBER 2022
Umratriettd U￿re￿leted
F•nth Restrkted
Funds
Tot•1
2021
2022
Not
Income from:
Donations and l¢gacies:
Donarions
Le8￿1¢$
Government grants
Charitsble aetivities
Investm¢nts
19.719
i Joo
107.802
1.649.(K)3
6.109
139.687
211.144
370,550
.500
107,802
1.649,003
6.109
202.011
125209
1.521.650
3,350
Total iuome
.784.133
139.687
211.144
2.134.964
1,852,220
FAxpendlture on:
Charitable *edvltl
,731J72
79.664
227,326
2.038.302
1,775,918
N¢t Intomel
{eJpendlture) b¢for¢
tr•Msfen
52.761
fA1.023
{16,182)
96,602
76,302
Net movement kn fundj
52.761
t50.023
{16.182)
76,302
RttoneUIAtlon of fuDdi
Fund balances at I
November 2021
935.082
6272,480
186.418
7.393.980
7.317,673
Futtd balancey at 31
October 2022
987.843
6J32.503
170236
7,490,582
7.393.975
The $tst¢m¢nt of firtanciJl activilies iticludes all 8ains and Icfj5es rx0gtits￿ iti yw.
All iocome and expenditurc fm ¢onlinuin8 a¢tivitie
The ytstement of fIn￿Gi￿} Xtiviti¢8 aLqo complios with the Teqpjiments for an income ?￿d ¢xpellditure a￿DI und
the Compallies Aci 2006.
17

THE NEW NORTH LONDON SYNAGOGUE
BALANCE SHEET
AS AT 31 OCTOBER 2022
2022
2021
Notes
Flxed 4*tt•
Taogibk
6.155321
6,151.068
C￿rrent •s•¢ts
D¢btors
Inves¢m¢nts
C￿h at baThk al￿ in hand
273.616
1.898
1.481J89
235230
1.898
1.505.853
io
1.757.103
1.742.981
Credlton: I
due wlthln oDe year
(414,175)
{486,074)
Net eurrent Ameti
lJ42.928
1.256,907
Tota] inets leu eurrent
Ilabllld
7.498.749
7.407.975
Crodltors: amount• fAIiID8
due •fttr more than olle
ye
12
(8.1671
(14.C(rf))
T•t*l net iu¢t•
7.4911J82
7a93975
FUNDS:
Restrleted fvnds
14
170236
186.415
Unrel￿eted fund•
De8IgttaI￿ funds
15
6J32J03
987.843
6.272.480
935.080
7320.346
7207.560
7.49(lJ82
7J93,975
-16 WLS
/by fy4/LI
Nlgei Roth
Trnstee
Trnstee
Company re%l8trailon number 4493731
18

THE NEW NORTH LONDON SYNAGOGUE
STATEMENT OF CASH FLOWS
OR THE YEAR ENDED 31 OCTOBER 2022
2022
2021
optr*till8 *ttivAties:
Net cash provided by oP￿dI108 activiti￿ (see ￿1¢ 19)
62,194
315.737
fronh IDvertill8 aetivi¢ies:
of tall87￿le fLxed assets
Interest from itivcstsnenls
{92,5751
6,109
3J50
N¢t ¢aih In) Inve•dng xtivi¢le•
(86,4661
3J50
Chang¢ In cagh and t￿b equlv•lent* In the
reportlng perlod
(24.272)
319.087
Cash and eL¥h equivalents ￿ the beginni￿ of the
r¢portiti¥ period
IJ05.853
1.186.766
And ¢*•b qulv•lents It the end ol the
reporthil ￿rIOd
1,481,581
1,505.853
ANALYSIS OF CHANGLS IN NET DEBT
Bal*Rte 1¢
l November
21J21
B*lallee at
31 October
2022
Ca
Olher nott-t&8h
ch*ng
C&sh and bank
.505.853
(24272)
1,481,581
1.505,853
(24272}
1.481.J81
19

THF, NEW NORTH U)NI)ON SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
AecotAll¢Emg pobcleB
The principal wKMmtiti8 ￿lICleS judgern￿ts a￿1 key ￿￿[￿& of eAiniation uncertainty in the
BAdi of At¢o￿tIllI
The fmaocial sla¢emen¢s have been preparal in aC￿)r￿ with the Sthtement of Rttommended Practice for
Charities (SORP 2015) (Second Edits0￿ etTeLtive l January 2019), the Finaaciaj RewtiD8 Stwdard
applic4bl¢ in th¢ UK ond Rcpubli¢ of Ircl8nd (FRS 102) aThJ the Companies Act 21X)6.
The New North L4)ftd￿ Synagogue meets the defmition of a public benefit entity underFRS 102. As*ts and
liabiliti￿ arr initially re￿8n]5¢a at historical rm¢ or IrwwtioD v•lu¢ oth¢rwi3c st4*d in the relevani
Accounting policy n0*8($).
Preparatlon of the aeeoDnts on * eoneern bi
H4viD8 wnsid¢r¢d ruttwel￿O8cts •nd flow& th¢ Tnw¢e8 cottfitm thai they have TmtCT1￿ un¢¢nointies
aboth the eniity's abilty to continue as * goin8 Conc￿ fLYthe foreseeable future.
FIAed ••xt•
Expenditure on fixed assets is capitsI￿ed where the cost (or the value if donated) is in ¢xcw of £l,(th;
othenvise it is written off thmgh the St8t¢thettt of Fitiancial Activities.
Tangible fLxed wets are fvia*d at Trtes calculat¢d to wife off the c08L leu estill￿ted residual value of
each ￿￿et evenly over its expxted life, 88 fol]ows:
Long leasehold pr¢mix8- ]% strniRbt lioe
Furnitu￿. fittitigs and equipnwii. 11>21)% 8trai8bt iitie
Inve￿ents
FUD
The differeni fvtth are defined a8 follm:
Restrictrd fllnd8 are thoÉe fun&8 whi¢h ￿ to be Used in ￿e￿)rdance with 4)ecifi¢ Itistr￿￿OnS imP05ed by the
It is the polKy of the T￿￿ to Tetain UftTestrictal find% om(rtmts tn which in theiriudgemen¢ c4n help to
tnitigate the short.tenn ¢￿t of income volatility, and retsin ￿ndS to Efflerate sufficient income to me
cwrent and future qrrntiooal athivitiu of the charity.
In¢tsme rwDldon
once th¢ cbBrity h&8 cntitlcmcnt to thc iDcoll￿ it ispr0￿ble that the iDcome vrill be reLYirt ￿ the aoKAmt
of income can be Mea￿e0 rejiabty.
20

THE NEW NORTH LONDON SYNAGOGU
rioTLS TO THE FINANCIAL STATEMENTS
FOR THE YEAR KNDED 31 oc'foBER 21122
Ineome reeogDltlon (continued)
In the eveut that a donation is subject to wnditioDs that require a level of perfornjancc before the charity is
eniitled to the fun(Ls, th¢ in¢ome is deferred aThJ Dot recogni8￿ until tbose cotiditions are fvlly or the
fvirilmeni of those condits.ons is whollyTvithiD control of the chm.ty ￿ it iSPTobabl¢ that thos¢ ¢onditions
will be fulfilled in thc rqxKting Peri￿￿
Ix8Kiesare recognisedon a cas¢ by we b￿ts followin8 the 8rani of probate when th¢ athn1nlstra￿r1txt¢Ut0r
ror the atate bas ¢omtttunicated in writing tM)th the arnouni and settiemellt date. In the event that the gift is in
the fortn of an other than cash or a fin•tt¢i￿ asset rraded on a recogni5ed skKk exchange. rt¢ogllition is
subject to the value of th¢ gitl being rclitibly measurable with a ikn of re*8onable aecurncy with the tille of
the &sset having beth transftTred ￿ th¢ dwity.
Itsvestment income is creditrd ￿ income wh¢D it is receivable. and the amuunt can ￿ mc&Sur￿ r¢lRably by
the charity" this iy normally urrt)n noiifi¢alion of the intuest or payablc by the b8nk. Dividends are
reco8nised once the dividend been notific￿10￿ has be￿ receivryj ofthe dividend due.
Governmeni gT4nt in¢ome rcpTesents the ￿thI amcwit claimed frotn HM Revenue & c￿tOm5 under the
COronavin￿ Job Rdention Schemc ICJRS). Th¢ in¢om¢ is wiunted for ia the period in which th¢ &%8ociAttd
salary payments are made to furlou8bed staff.
EXpe￿￿lI￿re
LiBbi]ities Twtsiged as expendiwre as as th¢w¢ 18 1¢8al or Wnstyclive obkngation cojnmitting the
¢hariry ￿ thai expenditure. it is PTobabk that senlement will be required And the aTnouDI of d>lig*ion ¢an be
measured reliably.
ExpendiDMe is rwised on aD al￿￿18 kni8 as a liability is incu￿¢41 iti¢lusive of VAT. whieh cmnnot be
r￿0vered.
Charitable activities conwise mainly of the provision of religious activities iwluding Welfa￿ ond ¢a¢erin8,
premises and admini¥trative COSL%.
Support COS￿ hav¢ alloca*d to Ch￿￿*ble &tivitie& Govern￿ activlties ¢omprise organis*iotsal
admini%tration a￿1 compliantt with ¢￿StItutional and 8t8Wtory requirn¢Dts. Cow illclude direct costs of
ext¢rn￿ audi¢ legal fees and other ptofessional advv.
Debtor•
Trade and otherdebtors are rwtiised li the settlement amount after tsad¢ diswunt olT¢r¢d.
PrepAymenl8 are valued * the amtxthi prepaid of any discounts d
C•¥b It bADk *nd In h￿d
Cash at bank and iti band includ&¥ I￿o￿nIS cash and slM)rt temi higbly liquid illvesthients with a short
maturity of three molltr￿ or I¢s5 fron] the of xquisition or ￿￿￿￿)8 of the de￿$It or simitsr ￿Oll￿L
Credltors Aud pr•vtslo
Cr￿11{?￿. alld provisions are recognisul whtrt the eharity b&% a p￿1 (knliWioD r￿l¢l￿g from a p&8t event
that will probably T&suIL the traLsfer offunds to a third paTry and the amount due ￿ seule the obliwion can
be me&sured orestimaiedTelthly. cred1w￿alld FNovistonswe llorJllallyrecogD1s￿ attheirsett]¢mcnt amount
after allowing for any trade di4counts due.
21

Thz r4EW NORTH LONDO1¥ SYNAGOGUE
NOTES TO THE FINANCL4L STATEMKNTS
FOR THE YEAR ENDED 31 ocfoBER 2022
PeDslon SeheTh
Th¢ charity make8 C0Dtnlxrtio￿S into a defined *b¢tne on behalf of all employees who have
enrolled illthe scheme. The assets of the scheme are held separately fft)m tkn5e of the charity in indq)endently
athninistered fithd8. The ￿t￿ollat Cbar8￿ to the Jtat¢Jntht of fina￿la] ￿tIVItieS ill rt¥pect of pEnsion costs '
the total contr11￿tIOn payabl¢ for the year.
E•thn*llon un¢er¢al•ty
In the viewof the Trjstees in 8n)lying th¢ ￿￿unI1￿8 poli¢icsaW no judgements were required th&thave
a si8nifi¢ant ¢ffxt on the r￿OgnIsed in the fttwicial ststeM￿ts nor do any estintst¢s or assumptions
made carry a si8rrificAot risk of oMteriAI adillsth￿t in the ntst finan¢1￿ yw.
FiD*ndai 1n•trw￿¢tttr
The clwityolllyhas fllwKiaJ ￿tsand fillAn¢1￿ liAbilxtses of a killdthatqyalifyasbasic fllJAncial iti8ttlUDenl&
sett]emeDt Yalue.
Critleai ateoundn8 eAllmatd *nd Judg¢rnents
In the application of the charity's acc(Mmtin8 w)lieio the are rwuired to make judgement4 estimates
and &wmptiOn8 about the ¢wrying amcAmt of a%8ets and liabiliti¢g are not readily opparni from other
80urce8. Thc eAtimat&8 &￿￿1&1td 18sllmptiorLS ar¢ based on histOTi¢aJ experience and other fac￿rS thai a
considered to be relevAnL Acts￿1 reMIts difftr from ¢stin
Crltleal Jud%tmethts- depreel•doM of t&ll￿ble thed
The clwity's policy for dq)rttiatiott of flled &v¢¢s is d¢signed to 411octh the a95¢ts' <kprtciable amounts on
sysl¢mati¢ b￿18 over their usefijl live&
The ¥ppli¢ation of this policy involves e*itt)ates of the assets. residual V8h￿S and ys¢ful live5 and judgement
over the charity's pattern of consumpiioti of the Lwts. ¢conomic b¢n¢fit.
ID eacFA re￿niti8 period the TnJstets rnvi¢w for Ind￿1￿ of ¢hw¢ in •ny of these facknrs and, if necesyarytr
adju8t their ¢stimAtu ￿cordin￿ty,

THE NEW NORTH IX)NDON SYNAGOGUE
L¥OTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR Ef4DED 31 OCTOBER 2022
I￿0￿¢ from charftsble activities
Totsi
2022
Tot*1
2021
Community 8erYice8 PToYidvJ
lJ76.475
272,528
1.649,(M)3
1,521.650
Investmen
TDt*l
2021
2022
Bank iniffesl re¢eivable
6.109
3.350
Ch*rltable A¢tlvltl
Charltable *ttlvlde•- 2022
T•tsl
1022
Totsi
2021
Rell*M• Educ•tltsMI
Sthff ¢os
Depr¢¢iation
s￿b￿ripts.0￿s for Mworti Judaism
Other religious expeTLSC.
Other educatioJMI up¢n5¢8
285,032
87,820
145,435
319,663
374.154
6S9,186
87.820
145,435
319.663
53J79
675.305
95.413
135,674
177.646
33.980
53,379
837,950
427,533
1.265,483
1.118,018
Share of Nupporl ws¢s {0￿¢ 6)
Slwe of gov¢rnanc¢ ¢fjst$ (noie 6)
327.325
6.868
429.672
9.014
756,997
15,882
fA4.580
13.320
.171143
866.219
2.038J62
1,775.918
All￿y$l$ by fllnd
Unreytrict¢d fithds- general
Ut]restricted fjJnds- deSignA￿d
Restricted funds
865,153
79,664
227,326
866.219
1,731 J72
79,664
227J26
1,552,514
100,980
122,424
,172.143
866,219
2,038J62
1,775,918
23

THE I¥EW NORTH LONDON SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
Charltabk #¢dvitl¢J (¢tsntitiThed)
TotAi
21121
EdutatiOnAI
Ch*rlt*ble a¢tivltleJ- 2021
Statfcosts
Depreciation and irnpairtllenl
SubscriptiOD5 for M&yorti Judaism
Other Tcligious cxpenses
330206
95.413
135.674
177.646
345.(￿9
675,305
95.413
135,674
177.646
33.980
33,980
738,939
315,182
6.513
379.079
329J98
6,807
1.118.018
644.580
13.320
Sharn of supp)rt ¢osts (note 6)
Share of 8ovem&nee costs (note 6)
l.O(A).634
715284
1.775.918
Analy￿9 by fund
Unrestricted fimds- g￿tAl
Unrestricted knignat
Restricted fimds
837230
I￿.980
122.424
715284
I,552￿14
100.980
122.424
1,060,634
715284
1,775,918
Support ¢o¥ts- 2022
Tot*1
2022
Total
2021
Sopport
Stsff ca¥ts
Other Support costs
447.887
309,110
447.887
31Y),I10
15.882
384.408
260,172
13,320
15.882
756,997
15.882
772.879
657,900
All￿ye¢d •8 follows:
Religious
Educational
327,325
429,672
6.868
9.014
334,193
438,686
321.695
336.203
756.997
15.882
772.879
657,9(K)
Support Co￿- 2021
TotAI
202(1
Support
Governuee
Staff
Other sUPPOrt costs
Audit ond a￿0[￿ra￿￿ ftts
384,408
260.172
J84.408
260.172
lJ.320
13.320
644.580
13.320
657.900
Analy￿ as follow¥:
Reli8lOU5
Edu￿lo￿al
315,182
329.398
6J13
6.807
321,695
336,205
644.580
13J20
657.￿1)
GOVern￿￿e costs include payments to the auditors of £12240 (2021: £11.640) for audit fees £1242 (2021..
£1.080) for otber services.
24

THE NEW NORTH IA)NDON SYNAGOGUE
IYOTbS'fO THE FINANCIAL STATEMKNIS
FOR THE YEAR ENDED 31 OCTOBER 2022
Employees
2022
Number
2021
Nmmber
Number of employees
The average monthly nurnber of cmployets thllytig the year was:
72
54
Religio￿8
Adrninistsats(
12
12
89
72
Full time equivalent employee numbe¥s include:
Education
Religious
io
23
25
£60,000-£70,0(M)
£70,(MX)-£80,000
£IOO.(H)O-£l10,WJ
Stsff eo•ts
Tot•1
2022
Totsl
2021
Wa8es And salaries
Soci&1 sccutity ¢OM$
OtherpensiOQ
953,180
90.149
31,872
943,575
86,154
29,984
1,075201
1.059,713
Jncludul in Wagu aThJ 5thr1￿ i¥ 41w •Jm of£36J97 pid 8J w of 8g1r￿1￿ts.
25

THE NEW NORTH IDNDON SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR FNDED 31 OCTOBER 2022
Tangible rued
Fixtwt5
Fittings &
E4ulpmellt
Leaxhold
Tot
Co
At l Novembtt 2021
Addxiions
Disp)sals
6,794.428
289,048
92,573
7.083.476
92J73
At 31 Ortober 2022
6,794828
381,621
7,17I049
Deprttlatlon
At l Novembtt 2021
Depreciation cbaygoj in th¢ y
708,550
67,944
223,858
19,876
932,408
87.820
At JA Oetober 2022
T70,494
243,734
1.1120228
Nel book VAlue
At 31 October 2022
017,934
137.887
6,15S821
At 31 0¢￿ber 2021
6.085,878
65,190
6.151.068
Debtor•
Total
21122
Tot
2021
Other debtors
22.870
250.746
10,497
224,733
273.616
235,230
10. CMrrtJt #Met InVe*t￿ents
Tot*l
2022
Totxl
2021
1.898
1.898
26

'rHE NEW NORTH LONDON SYNAGOGUE
NOTES TO THE nNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
11. Crediton: #mounts fauing due withill year
Total
2022
Total
2021
Other tsxation aDd social Security
Defetted illcome (Noic 13)
Other CredI￿r￿
22,1)90
32289
304,545
55,251
23.573
34.641
372.470
55.390
414,175
486,074
12. Crediton: *mounts f•lbn8 duc after more th
on¢ ye8r
Tot•1
2022
T•tsl
2021
Othtt creditors (provision for repayiD¢at of CST 8T￿( overj years)
8.167
14,tX)O
13. Dtferred In¢omt
Total
2022
Total
2021
B•l¥nte at l November 2021
34,641
38,791
AmouDts T¢le&4ed relating ￿.
Edu¢a¢ion fee4 p&id itt adv8WX
Function hire dewsils
Salarie8 Txl4im
130,251)
{2,568)
(1,822)
(30,121)
(6,690}
(1,980)
Ajnounts a¢¢n￿ relatin8 W:
Education fees paid io advawe
Function hir¢ d¢po8i
Salaries wx14im
23.071
8,074
30,251
2.568
1,822
B*lAnee at 31 (ktober 2022
32.289
34.641
Income received in advancc h&8 been derell￿ as aLK¥Ve.
27

THE NEW NORTH LONDON SYNAGOGUK
NOTLS TO THE FINAI¥C]AL STATEMENTS
FOR THE YEAR ENDED 31 ocfoBER 2022
14. Restri¢ted Funds- 2021122
Within the fiDallciaI year 2021t22, the income fillKls of th¢ ¢harity inclu(k restricted funds ci)nyisiDs the following
nexpetsded balanccs of donations and gr￿ts held on trust for specific pU￿0$es.
l*nce al
l November
2021
Bxl•n¢¢ at
31 Iktober
2(122
Income Ex￿thre
E¢cleBiastical Sthri&4 Fund
Tiknjn 01am Fund
S￿agogue Artwork and
Stained Glass Window Fund
E¢0 Synagogue Fu￿1
Kilybutz Tree Fund
14.783
11354
11.352
(22.595)
12,354
SJ08
14.141
98
1.695
2.235
93.160
42.441
5.508
2,580
.522
6.011
1.788
136,933
50,146
1.660
10,61X)
(61.707)
(236)
(6.290)
(447)
(93.958)
(42,539)
Night Shelter
Rabbis, DI￿retiOnAry Funds
Covid FuTra
137,731
98
186.415
211.593
(227,772)
170.236
Rmtrlcted fwid•- 2020ni
By way of comparison, the 2020121 rtstrictrd th¢ follo*in8 unup¢nded bal4nce8 of th)nation¥ and
gran¢8 held on tr￿st for Specif￿ purposes wer¢..
B•lAllce *t
l November
2020
BAlanTe at
31 Oetober
2021
IDcome
ExpeDdltllre
Ecclesiastical Salwie8 Fuod
Tikkun 018m Fund
Synagogue Artwo￿ and
Slained Glas5 Window Fw
Eco s￿￿￿ogUe Fund
Kibbutt Tree Fund
16.364
12J54
18.777
(20J58)
14,783
12,334
5.508
13.399
Ji
3.091
1.694
98.OCrf)
37.089
5.508
14.141
98
1.695
2.235
93.IfA)
42.441
24.037
67
16.455
650
49262
12.052
{23295)
(17,851)
(109)
(54,111)
(6,7￿)
Night Shel¢¢r
Rabbis. Discretiow Fund8
Covid Harthhip Fund
187539
121.3(M)
{122,424)
186,415
28

THE NEW NORTH LONDON SYNAGOGUE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 o￿oBER 20n
14.
Restricted Funds (¢Oll¢inDed)
Nola of2021n2 ReatrAeted Fwids
The E¢¢1¢8]￿tle￿ Sa18rie8 fimd relates to wntriiwuoDS r¢uived towards salary costs of various ¢mploye¢s.
The Tikkun 01am Fund rela¢¢s Origin￿ £15,(￿￿) ￿JM was #sidc fTom th¢ 2% of the new
s￿￿80¥uc i￿lIdIng that was all￿at￿ for srnall T&kun Oiam seLd fiu)d PToiects to which Membus Ind tton.
Membershave applied forfi]DdiD8. ThepwofTikkunO]am is to pmmote s￿1&1 aclion withm alld beyolld
the NNLS community.
The Sythagoglle ArTh¥O￿ and Stsined Gl8ss Fund relatcs to sunts wifically th)nated toward$ enhancing the
a￿the[Il8 of the Syllagogu¢ buildmg gene￿ly. Ranaining swns in this fund will be applied to fitrtheraesthetic
e4than¢¢m¢nts ￿ the bllilditi8 iti couTh
Ecojudiism (fonn¢rty E¢oSyttaRo8ue) is an environmea￿l project nm by a ¢ollethive of a IM￿ber different
Syith808ues' NNLS ayeed with the other Synagogues thai it would coniinue ￿ hold all funds in r¢spxt of
this project. Eco Judai5Tn bven inCor￿rateda5 an indepcnd¢n¢ ¢h4rityon28° November2022 and all funds
will ￿ transferred as soon as their bank accouni has been S¢t up.
Thc Kibbutt Tre¢ FUNI is a projecl whereby donorn wntribu* don81ion8 for pknDtin8 trees ill Israel. ofien 88
pttrt of their Bar and Bat Mittvah ¢l)8ritable 8ivin8.
JTrtt is an environmental proj¢¢l ¥$ part of EcoJudaism ￿ enable th¢ plantÉng and proteetion orrore81s itt
the UK and beyortd: NNtS h&4 a¥reed with the OTganis¢rs of JT￿e. thai tha4 being a projxl of ELoJudaism it
would tn tum hold all fimds in respK¢ of this pnjeLt Until EcoJudAism its OWD a¢¢ount.
The Night shel￿ is A C￿r￿mUnity.[￿ll pmixt by a team of NNLS Volut￿e¢r8 and 5PJPWrted by the NNLS
Cottllnuniry Engagement Director, the proieci is in pthrship with Together in Rurnct￿QrneIe￿l Aetion
Ban￿L Thrwgh this proj¥t, over the wintcr p￿{￿1 durin8 which NNLS offtt meals and shelter to homelesy
8ue¥ts.
Th¢ Rabbis, Dis¢￿10n8ry Funds are (und for th¢ Rxbbi8 in their di￿rth1o￿ ￿ apply to a) assisi individu418
(wh¢th¢T OT not Memb2r5 of NNLS) experiencing fM)ancial Iwdship, (bl make donations to extml charitBble
¢8uses, and c) apply to NNLS projects to whiGh he i8 particUl￿Y committed whi¢h oth¢rwi8¢ rn4y no¢ be
budgeted for within ¢or¢ fyndllw.
The Covid H4rdship Fund up to enable Members aod those cloy¢ly affiliated with NNLS who suffered
finan¢ial hardship a dAr￿¢ resuli ol the panikni¢ 10 apply for small gt8nts. The WNIts m¢mb¢rship were
made aware of th¢ pot¢nti41 to make donatioL8 ￿ this Restrictryj Fund and 4 p8ttel of four wa& esthlished to
Teview, ID all a￿lICa￿On$. As a ruuh of thc on8Om8 demand for allocations from tbis Fund
reducing signifi¢aDdy, the Management CoAnmitte¢ in collabo￿10￿ with th¢ Rabbini¢ Tea￿, dttided to
transf¢rth¢s¢ funts irtio the Rabbis. Dis￿ell0n#ry Fund& and thatany futtherhardship request5 could be deatt
with firjm there. Approwiat¢ ￿MMUnICati(￿￿ wett sem w 811 donor8 to the Covid Har(Lsbip Fund ￿ ill(orni
them of this d#1$1￿ ott 23rf Fe&wy 2022 the transfers were made.
29

TBE NEW NORTH LONDON SYNAGOGUE
NOT&S TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
l& Deslpated fllnds
The income fi￿￿S of the charity ioclude the foUoThiDg tsi8Datul funts which have bccD Set &8idc out of
B*l#tsee *t I
November
Balanee at
31 October
2022
D¢￿gnIted TMd8- 2022
2021
¢oty¢ Expendlture
Tranrfer•
Fixed As5¢L8 Fund
Building Sinking Fund
AV EquipmeniFund
6,09JJ75
159.982
16.923
(68.383)
(2,520)
(6.249)
6.027,192
191,524
10,674
34.062
Enhancemeni
S*itiway Piano
5,625
Iw.(x)o
(625)
(1,887)
5,¢)00
98,113
6272.480
139.687
(79,6641
6,332,503
Bal￿te *t I
ovember
21120
(u re￿•(¢d)
BalAnee at
31 Ottober
2021
IDcoJDe
EA￿dIt￿re Tr•n•fe
DeJlgm*ted fuDdi- 2021
ix￿] A85ets Fuod
Building Stnking Fund
AV Fquipment Fund
6.171.498
149.188
(75.923}
{21980)
(3,077)
6,095,575
159.982
16,923
32,774
20,(KKI
6J20,686
52,774
{l(Kl,9801
6272.480
Vlx4d A#¢t¥ F4nd
The FiT¢d A&￿ts Fund repruents th¢ n¢t b￿k valu¢ in the balall￿ ¥h¢¢t of principally the syl￿gogUe
building and integral f¢ature4 pl￿ rehted debtorJ and gEditc
BulldiDg Slnklug Fumd
Thi5 fund rq￿E5Cnts amounts set &side for ￿)HIrS aThl maintawKc to I￿]ldIng.
AV F4ulpment Fund
This fund represthjts amo￿tr get uide for streamin8 equtpment.
EnvlronmentAI EDhall¢ement Fund
Stelllway Plalo FuDd
30

TIIE NEW NORTH LONDON SYNAGOGUE
NOTFS TO THE FINANCIAL STATEMENrs
FOR THE YLAR KNDED 31 ocfoBER 2022
l& Allalysis of nel awts btttvttD
20Z2
¥ener•i fmDdi
fuDth
Total
Fund bajatsces at 31 Ck¢clw 2022 -
r4)re￿￿ted by:
TAngible ￿t¢S
N¢t &Sgets
35,356
952.487
6.120,465
212.OJ8
6.155.821
lJ34.761
170236
987.843
6J32,503
170236
7,490.582
21121
Fund balanus ai 31 Ckiobtr 2021 aye
represeote4J by..
Tangible assets
Current as%tsl{liabilities)
55,493
879,587
6.Cp)5,575
176,905
6.151.068
1242.907
186.415
935,080
6272.480
186.415
7J93.975
17. Oper8tlng leue coJnmlthieDts
At the reporting end da*. the clJAriiy outsthndiD8 for fUll￿e minimum lease payments under
IIODwcan¢el]4bl¢ orKf4tin8 l¢•s¢s. whicb fall due as follows..
Tot
2022
Totsl
2021
Within one year
Betwe¢D two attd five years
2688
4704
3.672
4,590
7J92
8262
18. Trn$¢¢e$ a￿d relAted party Ir•Ducdo
None of the Tn￿e£S (or any persoDS conuectryj with them) recelved and remuneration for ¢￿Illg oui their
P08itiOtt *8 TnL8tee or the leimTrA￿Semell1 of expenses duriti8 the year.
RenWne￿lQtt paxl ￿ key ￿￿￿geMent pus0n￿l in th¢ ye4r wnouttted to £295,83912021 . £226.8561.

THE NEW NORTH LONIKIN SYNACOCUE
NOTES TO THE FINANc￿L STATE￿￿Ts
FOR THE YEAR ENDED 31 OCTOBER 2022
19.
Re¢on¢iliation of nel thcome to net flow from •pentkng *¢tivities
Tol*]
2022
Totmi
2021
Nel income for tbe reporting ttriod (&8 ptr the
Statement of Fitwcial xtivilies)
96.602
76J02
AdJusts)￿nt for.
Interest from inve8thients
Deprttiation charg48
(6.109)
87,820
(3,350)
95.413
{38J86)
(77,733)
188.799
141.427)
(Decreosey(iticreas¢) in ￿ed]lOrI
Net ea•h provlded by •)perndttg *¢tivit
62.194
315.737
20. Comparatfve rtatemellt of icflviti
Unr¢8trlded UDreknleted
F￿nd>-
Fundi-
GeDer
D¥1￿*¢¢￿
Re￿￿¢te￿
Futsd•
Totsl
202J
Income frotn..
Donations leycies
Govemmeni grartLq
Charitable xtiviti
Inve8tments
27937
125.209
1.521.650
3J50
52.774
121JOO
202,011
125209
1,521,650
3,3SO
Totsl In¢om¢
1.67&146
52.774
121JOO
1,8SI220
Expenditure on..
Charitable actsvitics
1.552.514
I￿,980
122.424
1.775.918
Net Ineomelexpendltsre befoft
tr*ngfer8
125.632
(48.206)
{1.124)
76J02
Net movement In fuodi
125.632
(48.206)
(1.124)
76.302
Reconclllathbn of fulldl
Fund balanc¢s at l November 2020
8(V).448
6J20.686
187J39
7.317.673
Fund baianM at 31 (ktober 2021
935.08D
6J72.4MI
186.413
7J93J75
32