2021-08-31-accounts - Masorti Judaism

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		Simon Samuels
		Adam Rose
		Emma Rotenberg
		Miriam Farbey
		Joel Fenster
		Stephen Greene
		Clare levy
		Moira Hart (Co-chair)
		taenia Flelschmann	(Cocha Jr)
		David Caplan		(Appointed 8September 2020)
		Brian Chemett		(Appointed 13September 2021)
Company	Secmtary and Chief Executlve	Matthew Plan
Charity number		1117590
Company	number	05890261
Auditor		HW Fisher LLP
		Acre House
		11-15Wggam Road
		london
		HW1 SER
		United Kingdom
		CAF Bank Umited
		25 Kings Hgl Avenue
		Kings Hgl
		West Maging
		Kent
		ME194IQ
		Bardays Bank PLC
		126Station Road
		Edgware
		Middlesex
		HAB 7RY

Trustees' report
Statement ofTruslees'	responsibBtdes
Independent auditor's	report
Statement offlnandal	acthdtles
Balance sheet
Statement ofcash Boars
Notes tothe linandal	statements

Goals	Progress and achievements
1. Run training and enrichment	We ran a 9-session Jewish Community Organising	course for
courses for emerging community	17 lay leaders from 8communities, launched an	in-service
leaders, community chairs, new	training course for 8early career rabbis and chazanim, ran a
rabbis and chazanim, as well as a	3-session leadership series with expert speakers,	and
leadership conference or series for	facilitated over 20 meetings ofthe Chairs' Forum	to provide
volunteers across the movement	peer-to-peer support to community leaders.
2. Carry out a significant piece of	We ran projects supporting four communities - New Stoke
focused coaching-consultancy-	Newington, Kol Nefesh, Mosaic and the Havurah	with issues
advice work with three	of membership development, improving pastoral	support,
communities	financial planning, rabbinic placement and recruitment.

3. Develop plans for the		We were heavily involved in a successful cross-sector	effort
resumption ofCovid-safe Noam		to lobby government for reasonable Covid guidelines	that
residential comps in summer 2021		would let camp go ahead. We ran successful, safe,
		oversubscribed residential camps for over 250young	people
		aged 10-16,led by 80+ madrichim.
4. Create a Noam alumni		We launched the network, built a database and social	media
network, run a listening campaign		presence with 300young adults, and have recruited a	young
to understand the needs ofour		adult project manager totake plans forward in 2021-22.
young adults, connect them with
appropriate programming in our
communities, and engage them	in
fundraising and volunteering
5. Relaunch committed Jewish learning programmes for young		Noam ran successful Jewish learning initiatives for young people, including the weekly 6'" form Bet Midrash, 'Mind The
adults including Covid-19		Gap' aimed at providing Jewish skills and knowledge to
compliant local alternatives to		young women, and a UK-based hybrid in-person and online
Israel programmes		Kelim programme. We have recruited several young people
		for Israel-based year programmes at the Conservative
		Yeshiva in 2021-22 and are planning to relaunch Kelim	at the
		CY in summer 2022.
6. Run a series ofevents and		We ran five online 'Masorti Thinks' events with 156signed-
publications on 'Masorti Thinks'-		up participants on faith during lockdown, Judaism and
understanding the unique ways in		politics, racism and diversity, mixed-faith families, and
which Masorti Judaism deals with a		culture wars. We are now planning a publication based on
range ofritual, ethical and social		these sessions.
issues
7. Launch a new website and		Achieved —our impressive, easily accessible new website and
online Jewish resource centre		resource centre are online at www. masorti. org.uk
8. Run a legacy fundraising		We ran a legacy campaign during Free Wills Month, mailing
campoign to encourage gifts in		all our supporters a legacy giving brochure and offering a
wills to Masorti Judaism and our		free will writing service by an independent local solicitor.
communities
9. Devise a creative alternative	to	We devised and ran Masorti Together, a full day online
the annual dinner, engaging our		conference and fundraiser. 300people attended 12sessions
supporters and hitting our		and a cross-movement Havdalah. We raised 634,000.
fundraising targets while we are
unable to run large-scale in-person
events

Name ofSynagogue		Registered	Number ofMembers	Number ofMembers
			Jan 2021	Jan 2020
Edgware Masorti Synagogue		1117623	342	356
Elstree and Borehamwood Masorti		1139041	160	161
Community
Hatch End Masorti Synagogue		10809051	101	110
Kol Nefesh Masorti Synagogue		1081444	128	135
New Essex Masorti Synagogue	(	297101	120	120
New London Synagogue		1133578	614	618
New North London Synagogue		1094668	2164	2155
New Stoke Newington Shul		1176510	131	125
StAlbans Masorti Synagogue		1118649	342	332
TOTAL			4102	4112

Name ofSynagogue	Number of Membersv	Number of Membersv
Havurah	100	100
Leeds Masorti Community	50	50
Liverpool Masorti	20	20
Ohel Moed	50	50
Oxford Masorti Group	30	30
TOTAL	250	250

			Un eslrkted	Restdcted	Total	Unrestricted	Restricted	Total
			I'unde	I'unde		funds	funds
			2021	2021	2021	2020	2020	2020
		Notes	6	6	6	6	8	6
I and		mr
Donations and	legacies	3	544,346	194,055	738,401	370,803	414,739	785,542
Charitable activities		4	396,261		396,261	226,955		226,955
Other trading activities		5				725		725
Investments		6				10		10
Other income		7	24,348		24,348	38,173		38,173
Tousl Income			964,955	194,055	1,159,010		414,739	1,051,405
Raising funds		8	109,998		109,998	147,726		147,726
ChaNable activities		9	818,858	204,116	1,022,974	447,553	292,724	740,277
Total resources expended			928,856	204,116	1,132,972	595,279	292,724	888,M3
Net Incomef(expendkum)		forthe
year/
Net movement	In funds		36,099	(10,061)	26,038	41,387	122,015	163,402
Fund balances	at 1
September 2020			136,229	136,210	272,439	94,842	14,195	109,037
Fund balances	at31August
2021			172,328	126,149	298,477	136,229	136,210	272,439

					2021
					6
Rxed assets
intangible assets						13,739
Tangible assets						2,779		3,984
						16,518
Cununt assets
Debtors					135,114		154,379
Cash at bank and in	hand				277,256		231,711
					412,370		386,090
Credhorm amounts	faglng due within		one year	16	(130,411)		(117,635)
Net current assets						281,959		268,455
Total assets less cermet		Itabilides				298,477		272,439
Income funds
Restrkted funds				17		126,149		136,210
Unrestricted funds						172,328		136,229
						298,477		272,439
					22 Feb 2022
The finandal statements		were appnwed	by the	Trusmes on	.........................

		2021
		6
Cash gows fram operating acthddes
Cash generated from operations	21		61,756	153,661
I aerating ecthdgas
Purchase of intangible assets		(15,456)
Purchase oftangible gxed assets		(755)
Investment Income received
Net cash used In Investing act)sides			(16,211)	(3,020)
Net cash used In Ilnandng actlvNes
Net Increase In cash and cash equivalents			45,545
Cash snd cash equivalents at beginning ofyear			231,711	81,070
Cash and cash equhmlents at end nfyear			277,256	231,711

		Unrestricted		Total	Unrestricted	Restricted	Total
		funds			funds	funds
		2021	2021	2021	2020	2020	2020
		3	5	E		E	E
Donations and gifts		183,321	15,019	198,340	95,556	153,733	249,289
Grant receivable		113,004	125,651	238,655	24,050	207,652	231,702
Membership	fees	248,021	53,385	301,406	251,197	53354	304,551
			194,055	738,401	370,803	414,739

Programme Inmme
Other inmme

	Trading Income
6	Investments

Educational,	Educational,
mgghws and	mgglous and
community	community
2021	2020
E	E
316,410	159,793
79,851	67,162
396,261	226,955
Total	Unrestricted
	funds
2021	2020
E	E
	725
Total	Unrestricted
	funds
2021	2020
E	E
	10

Unrestricted	Unrestricted
funds	funds
2021	2020
6	6
24,343	38,173

				Unrestricted	Unrestdcted
				funds	funds
				2021	2020
				6	6
	n	n	I
Other fundraising	costs				76,220
Staff costs				65,510	71,506
				109,998	147,726

Charitable	acgvies	acgvies
											Educational,	Educagonal,
											~ellghus and	mlhgous and
											community	community
											2021	2020
											6	8
Staffmats											360,080	355,073
Direct costs											442,507	177,590
												532,663
Share ofsupport costs (see note 10)											208,823	181,076
Share ofgovernance			mats (see		note	10)					11,564	26,538
											1,022,974	740,277
Analyub by fund
Unrestricted		funds									818,858	447,553
Restrkted	funds										204,116	292,724
											1,022,974	740,277
					Support		costs		2021	Support costs	Governance	2020
											costs
											6
Staifmats						82,341			82,341	82,775		82,775
Depreciation							3,677		3,677	968		968
Ofgce cmts						25,336			25,336	29,912		29,912
Rent and	rates					43,671			43,671	42,509		42,509
Traveglng	expenses						3,815		3,815	11,314		11,314
Sundry expenses										9		9
Bank charges										3,769		3,769
Subscrlptlons,		donations		and
grants						32,931			32,931	9A20		9,820
Prolissslonal		fees				10,364			10,364
Audit fees								11,564	11,564		14,621	14,621
Trustees'	Insurance										11,917	11,917
						208,823		11,564	220,387	181,076	26,538	207,614
Analysed	between
Charitable	actvltles					208,82S		11,564	220,387	181,076	26,538	207,614

		2021	2020
		Number	Number
		17
Employment	costs	2022
		E
Wages and salaries		453,953	456,905
Social security costs		34,232	33,070
Other pension costs		19,746	19,379
		507,931

13	Intangible gxed assets
					Canlpuler	Imftwale
						8
	Cost
	At 1September 2020 Additions					15,456
	At31August 2021					15,456
	Amorgnmon and Impairment
	At 1September 2020
	Amortlsatlon charged	forthe ymr				1,717
	At 31August 2021					1,717
	Carrying amount
	At31August 2021					13,739
	At31August 2020
14	Tangible gxed assets
			Sheums, fhtlngs 8equipment	Computer Iellwale		yoiel
			6	5
	Cost
	At1September 2020		20,951	3,560		24,511
	Additions			755		755
	Dlsposals		(20,951)			(20,951)
	At 31August 2021			4,315		4,315
	Depredation and Impairment
	At 15eptember 2020		2023)3	524		20,527
	Depreciation charged	In the year	948	1,012		1,960
	Egminated in mspect ofdisposals		(20,951)			(20,951)
	At 31August 2021			1,536		1,536
	Canylng amount
	At31August 2021			2,779
	At31August 2020		948	3,036

	2021
Amounts faglng due within one year:	6
Other debtors		120~1
Prepayments and accrued income	46,074	33,978
	135,114	154,379
Creditors: amounts faglng due within one year
	2021
	6
Other taxatlon and social security	12,671	11,352
Government grants	15,833
Trade creditors	17,747	9,163
Other creditors	2,980	4,002
Accruals and deferred income	81,180	93,118
	130+11	117,635

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Analysis	ofnet assets between	funds
		Unrestricted	Restricted	Total	Unrastffcted	Restricted	Total
		funds	funds		funds	funds
		2021	2021	2021	2020	2020	2020
		8	8		6	6
Fund balances st31
August 2021are
represented by:
Intangible	Rxed assets	13,739		13,739
Tangible	assets	2,779		2,779	3,984		3,984
Current assets/(gabgies)		155,810	126,149	281,959	132,245	136,210	268,455
		172,328	126,149	298,477	136p229	136,210	272,439

21	Cash generated from operations	Cash generated from operations	Cash generated from operations	Cash generated from operations	Cash generated from operations	2021
						8
	Surplus forthe year					26,038	163,402
	Adjustments	for:
	Investment	Income	recognised		in statement ofRnanclal acffviffes		(10)
	Depreciation	and Impairment		oftangible (bed assets		3,677	968
	Movements	In working capltah
	Decrease/(increase)		In debtors			19,265	(5,921)
	Increase/(decrease)		In creditors			12,776	(4,778)
						61,756	153,661
22	Analysis of	changes	In net funds
	The Charity	had no	debt during		the year.