| Trustees | AdamRose | |
|---|---|---|
| MiriamFarbey | ||
| Stephen Greene | ||
| ClareLevy | ||
| MoiraHart(Co-chair) | ||
| IeonieFleischmann(Co-chair) | ||
| David Caplan | ||
| Georgie Friend | (Appointed13September2022) | |
| David Tankel | (Appointed13September2022) | |
| lonathanFenton | (Appointed13September2022) | |
| Nic Schlagman | (Appointed13September2022) | |
| Company SecretaryandChief Execu6ve | MatthewPlen | |
| Charltynumber | 1117590 | |
| Company number | 05890261 | |
| Auditor | HW FisherLLP | |
| Acre House | ||
| 11-15WilliamRoad | ||
| London | ||
| NW13ER | ||
| UnitedKingdom | ||
| Bankers | CAFBank Limited | |
| 25KingsHill Avenue | ||
| KingsHill | ||
| WestMalling | ||
| Kent | ||
| ME19 4JQ | ||
| Barclays BankPLC | ||
| 126StationRoad | ||
| Edgware | ||
| Middlesex | ||
| HA87RY |
| Page | |
|---|---|
| Trustees'report | 1-11 |
| Statementof Trustees'responsibilities | !2 |
| lndependent auditor'sreport | 13-15 |
| Statement of financial activities | 16 |
| Balancesheet | I7 |
| Statement ofcashflows | 18 |
| Notesto the financial statements | 79-29 |
| Name ofSynagogue | RegisteredCharityNo. | NumberofMembers | NumberofMembers |
|---|---|---|---|
| Jan2O22 | lan2O2L | ||
| SouthHerts EdgwareMasorti | 77!7623 | 0 | 342 |
| Synagogue | |||
| Elstreeand Borehamwood Masorti | 1139041 | 0 | 160 |
| Community | |||
| Shema(EdgwareandElstree and | 497 | 0 | |
| Borehamwood mergedJan2O22 | |||
| HatchEndMasortiSynagogue | 1080951 | 116 | 101 |
| Kol NefeshMasortiSynagogue | toBt444 | 133 | L28 |
| NewEssexMasortiSynagogue( | 297tot | t23 | t20 |
| NewLondon Synagogue | 1133578 | 520 | 614 |
| NewNorthLondon Synagogue | 1094668 | 2247 | 2164 |
| New StokeNewingtonShul | tt76510 | 115 | 131 |
| StAlbansMasortiSynagogue | 1118649 | 294 | 342 |
| TOTAL | 4039 | 4LO2 |
| NameofSynagogue | RegisteredCharityNo. | Numberof Members* | Numberof Members* |
|---|---|---|---|
| Havurah | 68 | 100 | |
| LeedsMasorti Community | 50 | 50 | |
| Liverpool Masorti | 20 | 20 | |
| OhelMoed | 50 | 50 | |
| Oxford MasortiGroup | 30 | 30 | |
| TOTAL | 2!8 | 250 |
| Unrestricted | Restricted | Total | Unrestricted | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 202t | |||
| Notes | f | f | f | E | f | |||
| lncome and endowmentsfrom: | ||||||||
| Donations andlegacies | 3 | 480,274 | 287,820 | 768,O34 | s44,346 | 194,055 | 738,401 | |
| Charitableactivities | 4 | 750,810 | 750,810 | 396,261 | 396,261 | |||
| Otherincome | S | 24,348 | 24,348 | |||||
| Total income | 1,23r,o24 | 287,820 | 1,518,8114 | 964,955 | 194,055 | 1,159,010 | ||
| Exoenditure on: | ||||||||
| Raisingfunds | 6 | 1t8,442 | rI8,M2 | 109,998 | 109,998 | |||
| Charitable activities | 7 | 1,133,158 | 287,034 | 1,420,192 | 818,858 | 204,rt6 | 1,022,974 | |
| Totalresourcesexpend€d | 1,251,500287,034 | 1,538,634 | 928,856 | 204,tL6 | 1,132p72 | |||
| Net(expenditurel/incomeforthe | ||||||||
| veail | ||||||||
| Net movement in funds | l2O,s76l | 786 | (19,790) | 36,099 | (10,061) | 26,038 |
||
| Fund balancesat1 | ||||||||
| September2021 | 172,328 | t26,149 | 298,477 | 136,229 | 736,2LO212,439 | |||
| Fundbalances at31August | ||||||||
| 2022 | 15L,752 | 126,935 | 278,687 | t72,328 | 126,749 | 298,477 |
| 2022 | r0l1 | ||||
|---|---|---|---|---|---|
| Notes | E | € | f | f | |
| Fixed assets | |||||
| lntangibleassets | 11 | 8,s87 | 13,739 | ||
| Tangible assets | t2 | 2,850 | 2,779 | ||
| Lr,437 | 16,518 | ||||
| Currentassets | |||||
| Debtors | 13 | 130,050 | 135,114 | ||
| Cashatbank and in hand | 240,908 | 277,256 | |||
| 370,958 | 4L2,370 | ||||
| Cr€dltors: amountsfalllntduewlthlnoneyear | t4 |
(103,718) | (130,411) | ||
| Netculrentassets | 267,250 | 281,959 | |||
| Total assets lesscurrentliabilities | 278,687 | 298,477 | |||
| lncome funds | |||||
| Restrictedfunds | 15 | 126,935 | t26,L49 | ||
| Unrestricted funds | t57,752 | 172,328 | |||
| 278,687 | 298,477 | ||||
| : |
| 2022 | 202r | ||||
|---|---|---|---|---|---|
| Notes | e | f | E | f | |
| Cashflowsfromoperatingactivities | |||||
| Cash(absorbedby)/generatedfrom operations | 19 | (34,884) | 6L,756 | ||
| lnvestin6activities | |||||
| Purchaseof intangibleassets | (1s,4s6) | ||||
| Purchase oftangible fixedassets | (1,464) | (7ss) | |||
| Netcash usedin investingactivities | 11,4641 | (16,2111 | |||
| Netcash used infinanclngactivities | |||||
| Net(decreasel/increaseIncashandcashequivalents | (36,348) | 45,545 | |||
| Cashandcashequivalents atbeginningofyear | 277,256 | 23t,7rt | |||
| Cashandcashequivalentsat end of year | 240,908 | 277,255 |
| Unrestricted | Restricted | Totalunrestricted | Totalunrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2027 | 202L | 2021 | |
| f, | f | E | f | f | f | |
| Donations andgifts | 136,377 | 57,664 | 188,041 | 183,321 | 15,019 | 198,340 |
| Grant receivable | 79,093 | 182,953 | 262,046 | 113,004 | 125,651 | 238,655 |
| Membershipfees | 264,744 | 53,203 | 3t7,947 | 248,O27 | 53,385 | 301,406 |
| 480,2L4 | 287,820 | 768,034 | 544,346 | 194,055 | 738,401 |
| Educational, | Educa6onal, | |
|---|---|---|
| religious and | religious and | |
| communlty | community | |
| 2022 | 202L | |
| f | f | |
| Programme income | 672,323 | 316,410 |
| Tradingand Merchandise lncome | 3,s3s | |
| Other income | 74,952 | 79,851 |
| 750,810 | 396,267 |
| Total | Total |
|---|---|
| 2022 | 2021 |
| e | f |
| 24,348 |
| Unrestricted | Unrestricteci | |
|---|---|---|
| funds | funds | |
| 2022 | 2021 | |
| f | f | |
| Costs ofgeneratinedonationsandeventincome | ||
| Other fundraisingcosts | 34,273 | 44,488 |
| Staff costs | 84,169 | 65,s10 |
| xLB,44? | 109,998 |
| Educational, | Educational, | Educational, | |
|---|---|---|---|
| religious and | religious and | ||
| communitV | community | ||
| 2022 | 202L | ||
| f | C | ||
| Staff costs | 325,788 | 360,080 | |
| Direct costs | 825,099 | 442,507 | |
| 1,150,887 | 802,587 |
||
| Shareofsupportcosts(seenote8) | 255,779 | 208,823 | |
| Shareofgovernancecosts(seenote8) | 73,526 | L7,564 | |
| 7,420,792 | 1,O22,974 | ||
| : | |||
| Analysis byfund | |||
| Unrestricted funds | 1,133,158 | 818,858 | |
| Restrictedfunds | 287,O34 | 204,\16 | |
| t,^,t | r,o22,974 |
| 8 | Supportcosts | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| SupportcostsGovernance | 2022 | SupportcostsGovernance | 2021 | ||||||
| costs | costs | ||||||||
| f | f | f.E | e | ||||||
| Staff costs | 92,190 | 92,190 | 82,34L | 82,341 | |||||
| Depreciationandamortisation | 6,545 | 6,545 | 3,677 | 3,677 | |||||
| Office costs | 33,765 | 33,76s | 25,336 | 25,335 | |||||
| Rent and rates | 47,364 | 47,364 | 43,671 | 43,677 | |||||
| Recruitmentfees | 9,300 | 9,300 | |||||||
| Travelling expenses | 7,976 | 7,976 | 3,815 | 3,815 | |||||
| Bank charges | 8,805 | 8,80s | 6,688 | 5,588 | |||||
| Subscriptions,donationsandgrants | 38,081 | 38,081 | 32,931 | 32,93r | |||||
| Professional fees | 11,753 | Ll,753 | 10,364 | 10,354 | |||||
| Auditfees | 13,526 | 13,526 | 71,564 | 11,564 |
|||||
| 255,779 : : |
13,526 |
269,305 : |
208,823 : |
11,564 :: |
220,387 |
| 2022 | 202L | |
|---|---|---|
| Number | Number | |
| 16 | 17 | |
| Employmentcosts | 2022 | 2021 |
| € | f | |
| Wages and salaries | 449,349 | 453,953 |
| Socialsecuritycosts | 34,856 | 34,232 |
| Otherpensioncosts | r7,942 | 79,746 |
| 502,r47 | 507,931 |
| Thesenior management team describedinthe trustees' reportreceivedtotalremunerationol | Thesenior management team describedinthe trustees' reportreceivedtotalremunerationol | fL74,437 (2O2I: | E!7O,4431. | |
|---|---|---|---|---|
| Thenumber ofemployees whoseannual remunerationwas | f60,000or more were: | |||
| 1022 | l0l1 | |||
| Number | Number | |||
| f70,000-f79,999 | I | 1 | ||
| : | : | |||
| 1L | lntlntiblcfixldrlsrts | |||
| Website costs | ||||
| e | ||||
| Cost | ||||
| At1September2021 and31August 2022 | 15,456 | |||
| Amortisation andimpairment | ||||
| At1September2021 | 1,777 | |||
| Amortisationchargedfor theyear | 5,152 | |||
| At31August2022 | 6,859 | |||
| Carryingamount | ||||
| At31August2022 | 8,587 | |||
| At31August2021 | 13,739 : |
|||
| t2 | Tangiblefixedassets | |||
| Furniture, | Computer | Total | ||
| fixturesand | software | |||
| equipment | ||||
| e | f | |||
| Cost | ||||
| At1September2021 | 4,315 | 4,375 | ||
| Additions | t,396 | t,464 | ||
| At31August2022 | 5,7TI | s,779 | ||
| Depreciationandimpairment | ||||
| At1September2021 | 1,536 | 1,536 | ||
| Depreciationcharged intheyear | 15 | 1.,378 | 1,393 | |
| At31August2022 | 15 | 2,974 | 2,929 | |
| Carryingamount | ||||
| At31August2022 | 53 | 2,797 | 2,850 | |
| At31 August 2021 | 2,779 | 2,779 |
| t2 | Tangiblefixedassets | lContinued) | |
|---|---|---|---|
| 13 | Debtors | ||
| 2022 | 202L | ||
| Amounts falling duewithinoneyear: | f | E | |
| Other debtors | 49,634 | 89,040 | |
| Prepayments andaccrued income | 80,426 | 46,074 | |
| 130,060 | 135,114 | ||
| t4 | Creditors: amounts falllngduewithinoneyear | ||
| 2022 | 202t | ||
| f | |||
| Other taxation andsocialsecurity | 74,804 | 12,67t | |
| Governmentgrants | 300 | 15,833 | |
| Tradecreditors | 9,341 | L7,747 | |
| Other creditors | 10,053 | 2,980 | |
| Accruals anddeferred income | 69,220 | 81,180 | |
| 103,718 | 130,411 | ||
| : |
| Theincome fundsofthe charityinclude restricted funds co | mprising the following unexpendedbalan | cesof donationsandgrartsh | cesof donationsandgrartsh | eld ontrust forspecific | purposes | ||
|---|---|---|---|---|---|---|---|
| Movementinfunds | Movementin | funds | |||||
| Balanceat 1September 2020 |
lncomingResources resourcesexpen&d |
Balanceat 1September2021 |
lncomingResourcesBalanceat resourcesexpended31August2022 |
||||
| f | ff | ffff | |||||
| BigLottery Rabbinical Training |
76,667 33,201 |
- s3,385 |
116,6'17l (54,95s) |
37,62L_ | 53,2Ct3 | (50,290) | 24,534 |
| Anglo JewishLiturgicalHeritage lnclusion fund |
34,s3s | 321 | (9,998) | 2+8s8 | 49,280 25,318 |
(s0,236) | 49,280 |
| FutureLeadersfund | 5,000 | 5,000 | 5,000 | ||||
| Camps Kelim |
L,374 | 10,000 2,500 |
(10,0r0) (2,sr0) |
1,374- | L,374 | ||
| ConnectingtheCapitalGrant Jewishlnnovationfund |
5,000 | s,000 | 6,11t0 | (s,oo0) | 5,110 | ||
| JewishCommunityOrganising Course Website Bet Din |
9,300 | 4000 4000 |
(4,m0) (13,300) |
5,000 4,000 42,6415 |
(s,000) (4,000) (31,s00) |
It,735 | |
| Noam/MaromGeneral | 13,010 | (L2,2931 | 7L7 | (7L71 | |||
| Mercaz Naom | 4000 | (4,000) | |||||
| Our secondhome | 23,204 | t8,448 | (11,848) | 29,801 | 36,3?8 | 166,428) | (2ssl |
| Havurah | 8,7"t5 | 18,77sl | |||||
| ConservativeYeshiva | 7,932 | 7,250 | (4,2411, | 4,947 | 574 | (s,1s7) | 358 |
| Jewish Learning Oliver JosephDiscretionaryFund Precamp Noam Camp-Mental Health LGBT+ |
5,000 27,tr6 |
(s,m0) (6,nsl |
20,337 | 7,5t15 6,000 3,000 27,305 |
(2,368) (6,000) (3,ooo) (28,3441 |
5,r77 19,298 |
|
| Other | 55,025 | (s2,s2s) | 2,500 | 4,647 | (6,21s) | 4,968 | |
| 136,210 1940s5 | (204,116) | 125,!49 | 287,820(287,034l,r26,93s |
| 16 | Analysis of netassetsbetween funds | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestrlcted | Restricted | Total | Unrestricted | Restricted | Total | |||
| funut | tultu! | IUttu! | ||||||
| 2022 | 2022 | 2022 | 2021 | 202t | 202r | |||
| f | f | f | f | f | € | |||
| Fund balancesat31 | ||||||||
| August 2022 are | ||||||||
| r€presentedby: | ||||||||
| lntangible fixedassets | 8,587 | 8,587 | 13,739 | 73,t39 | ||||
| Tangibleassets | 2,850 | 2,850 | 2,779 | 2,779 | ||||
| Currentassets/(liabilities) | 140,315 | 726,935 | 267,250 | 155,810 | L26,149 | 281,959 | ||
| 15L,752 | 126,935 |
278,681 | L72,328 | t26,L49 | 298,417 |
| 2022 | 202t | |
|---|---|---|
| f | E | |
| Withinoneyear | 26,455 | 33,597 |
| Betweentwoand fiveyears | 25,725 | |
| 26,455 | s8,722 |
| 18 | Relatedpartytransactions | ||
|---|---|---|---|
| Therewerenorelatedpartytransactionsintheyear. | |||
| 19 | Cashgeneratedfromoperations | 2022 | 2021 |
| E | f | ||
| (Deficit)/surpus for the year | (19,790) | 26,038 | |
| Adjustments for: | |||
| Depreciationandamortisationoftangibleandintangibleassets | 6,545 | 3,6t7 | |
| MovementslnworklnBcapil.al: | |||
| Decrease indebtors | 5,054 | 19,265 | |
| lncrease/(decrease) increditors | (25,693) | 12,776 | |
| Cash(absorbedbyl/generatedfromoperations | (34,884) | 61,756 | |
| 20 | Analysisofchangesin net funds | ||
| The Charity had nodebtduringtheyear. |