sr ALBANS MASORTI SYNAGOGUE REpoirr OF THE TRuEEs FOR THE YEAR ENDED 31 MARCH 2022 The T, who are akn d1Ct{l5 of the Charity for the purpc6es of the C(xnpanies Act 2006, prtsent their annual rep)rt with the fnancial statements of the tharity for the year ended 31 Narth 2021. The Financtal Statements have kEen prepad in acc¢)rdance with the accountiThJ kxjllcies set out in Note l of the Accounts and ((p with the Statement of Recommended Ftracti (SORP) AppIlble to charit5 PreparirvJ ther Accounts in cOrdan with the Financkal RetM)rt Standard applicable in the UK and Ireland (FRS102) (effectwe l January 2015) and the Compantis Att 2006. This report atso reprewts the Direttors Report as required by the CompanEs Act 2(K)6. Mie Trust have had r8Jard to the Charity Commission's gUKlan on Publ benefit. This report 6 in aCc(rdan with the SORP wuirenEnts and exemptions set out for smaller charities. OBJECTIVES AND ACTIVTfIES St Albans Masorti Synagogue (SANS) promotes and t0vide$ Jewith religKW, educational, pastoral, ojltural, and social services for its a)nstrf(ueni meme and a$$TateS in Herffordshire and tti the St Mban5 distrit area in particukir. The9e services are delwered via ts Rabbi, Adam Zagoria-moffet and a team of lay leaders, slaff, and volunteers. The fu5 ( the seNies is ntr at the SynwJcoue bLJlkJing in St Albans. SAMS is alvJned to Masorb Judaism. The Masorti Judaism movement wath"se5 traditional Judaism but intertrts Jewish teaching in the loht of contemtx)rary knowledge and sdK)larship. It allows gradual thange in law and practi, but if the (haThJe 15 in harrYK)ny with lewish trajitton. The SynagcxJue's thities and servtces were partHIty imrkirted by the Covid-19 pandemic in the year to March 2022, wth severdl months of in person attivitEs sustended and some moved to virtual during the full and partkil 1c(kdowr. At all tunes memb&s were able tr) many events online or in person depending on their natu. One tstanthing example of the artwib.es was in September 2021 when our members met for a lunditime pl1C in Verulamium ParK prior to Shofar blowing from Ihe Calhedral Toww. This was the second time St Albar6 Qithedral alk)wed us to do this, and cOntueS to be a great exanN)le of faith group ctroperation. Throughout the year th&e were numemus cultural arKI Sla1 events in person and on z(thi, including a regular Ik group, coffee mrmings, a Communal Seder (Passover),Whiskey Tastiro, QU night and Comedy evenng. In additK)n, there was a fijll range of adult education disclSn gps, courses and lectures, ¥)itsally on Zoom cmly, and from the auttjmn in-tErson. Earty in the yew, SAMS was offeFed an allobment pkit at the St Conynunty Gan*n, where a ran of local organisa(S grow flowers, and vegetables, keep bée hive5 fr(xn whith horw is made. In June the SAMS Garden was launched. With the help of a gTWP of enthusiast SAMS garderS our plot pn)vided ftd for Kiddush and ftowers to adom our prayer hall on special oCcaSKX. The Care GuP of SAMS cDntTiued to suppi)rt vUl)erab memb&s of the Crmunity comprising cherkiThJ-in wth vulnerable nEmben% ((N)line and in-person), delivering food, medicines and hog)ital visiting. The ca Group also coynforted and supported familEs during lifewle events. In additDn, new carE initk3tNes We launched during this year.. the SAMS 'Meal Tftin,, to provide meals to members in neeAI (e.g. after birth, surgery or illness,. and 'Feeding Centre 33,, to provth an eIng meal Imce a rnonkn to FK¥neless who use the support and ftcÉlitks at Centre 33 in St Albans. Page I
ALBANS MASORTX SYNAGOGUE REPORT OF THE TRUSTEE S FOR THE YEAR ENDED 31 MARCH 2022 Registered office Harben House Harben Parade Finchky Road LONtK)N NW3 6LH Tru$te¢s Beverfy Cohen NichoL3s Flitteman Sirmn Samuels Moira Hart DanEn Marf Le(¥)ie AwJin Michelle Pedmutter vttoria Pw Benjamin Rouknn Chartotte Schlosberg Andrea (Avwa) Weinstein Ctrcnair CTrChair TreaSur (Apwnted 30.06.21) Se(retary (Appointed 24.05.22) Immediate Past Co-chair (Appointed 05.07,22) (1pointed 30.06.21) ()pointed 01.11.22) Andrew HougE (ReSIJn 24.05.221 Michelle Knight (Resigned 01.(f4.22) Nicola Freedman (ResKJned 30.(.21) Peter Hart (Resigned 30.06.211 GiroliTE Pearce {ResignpAt 30.06.21) Diana Sanels (Resigned 30.(.21) REFERENCE AND ADMINIsfRATIVE DETAILS Company Secretary Andrew Houg Independent Examiner KBSP Pathers LLP Chtered Accountants Hart House Harba) Parade Finchley Road LONtK)N NW3 6LH Approved by order of the board of trustees on ............ and sie on its behalf by.. muels- Trustee Page 4
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricbd | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | E | E | E | E | |
| INCOME AND ENDOWMENTSFROM Donationsandlegacies |
312,048 | 312r0tf8 | 267,268 | ||
| Other trading activities Investment inmme |
2 3 |
40,168 193 |
40,168 r93 |
78,947 3,199 |
|
| Total | 752,4LO | 352.ALO | 299,414 | ||
| EXPENDITURE ON Raisingfunds |
L84,4L9 | L84,4L9 | 165,992 | ||
| Charitableactivities SupportCosts |
L_z,344 | L52,74 | L30,487 | ||
| Total | 336,763. | 336,763 | 296,479 | ||
| NETINCOME | L5,il7 | L5,il7 | 2,935 | ||
| RECONCILIATIOI{OFFUI{DS Total funds brought forward |
238,,L78 | 23,8J78 | 235,243 | ||
| TOTALFUNDSCARRIEDFORWARD | re | 253,825 | 238,178 |
sr ALBANS MASORTI SYNAGOGUE BALANCE SHEET 31 MARCH 2022 2022 Total fvnds 2021 Toial fund5 Unrestricted funds Restrict fijnds No FIXED ASSErs Tangd)le assets 99,096 99,096 120,206 cuRRETr A$ss 63,023 135 497 63,023 135 497 67,155 128 960 Cash at bank 198,520 198,520 196,115 CREDThORS Atnounts falling due within one year (43,791) {43,791) (75,588) CURRENT ASSErs 154 729 154 729 120 527 TOTAL ASS5 LESS CURRENT LIABILXTIES 253025 253,825 240,733 CREDThORS Amounts frdlling due after rrL)re than one y io (2,555) NEf ASSErs 253 825 FUNDS Unre5tritted fimds 12 TOTAL FUNDS The tharable company is entiued to exempti¢Jn fnm audfc under SettK)n 477 of the Companies Att 2(X)6 for the year end 31 March 2022. The monters have not rwuired the CL¥npany to (kntain an audit of rts financial statements foy the year ended 31 Marth 2022 in accordance with 476 of Companies Att 2tM)6. The tSt acknowled their responsibilths ft (a) ensuring that the charitable company keeps accounting records that comply wth Settions 386 ènd 387 of the Cxjmpanies Act 2006 and (b) wq)aring financhal statements whKh give a true and fair view of the state of affairs of the charifdble company as at the end of each financial year and of its surplus or defiot ftr each financlal year in accordan with the quirements of Settions 394 and 395 and whith otherwige comply with th requirements of the Companies Act 2tK)6 relating to financial statements, 50 far as applrabk to the thantable company. These financial statements have pry)al in acC[Ydan wilj) the provision5 applic2b to charitable CoMpanS subjett to small companies wime. The financi?1 statements were approved by the Boanj of TrLStee5 authorsed fcr issue on and were 5ign&1 cn ts beha by: n Sarnuels- Trustee The notts fonn part cfj these financial 5tstements Page 7
| OTHERTRADINGACTIVMES | ||
|---|---|---|
| 2022 | 202t | |
| E | E | |
| Advertising Other income |
457 32,794 |
489 23,569 |
| EventsIncome | 9173L | 2,084 |
| Memorialwallincome | 392 | |
| Cheder income | L794 | 2,905 |
| _40.168 | 29f4, |
| Net income/(o<penditure)isstatedaturchargingl(oediti | ng): | |
|---|---|---|
| 2022 | 202t | |
| e. | t_ | |
| Depreciation - ownedassets Other operatingleases |
23,27O 66,799 |
23,529 49.750 |
| The averagemonthlynumberofemployesduring th | e year wasasfollows: | |
|---|---|---|
| 2022 | 202L | |
| Charitable activities Rabbinical |
3 1 |
3I |
| Administration | 2 | 2 |
| 6 | 6 |
| The num | berofemployees whose employeebenefits | (excluding employer pension costs) o<ceeded | [60,000w |
|---|---|---|---|
| 20.22 | 2021 | ||
| t70,001 | -[80,000 | 1 | 1 |
| 7. | TANGIBLEFIXEDASSETS | |||
|---|---|---|---|---|
| ImprovementsFixtures | ||||
| Short leasehold |
property to |
fittings and |
||
| E | E | E | ||
| cosr AtlApril2021 |
55,359 | 236AL7 | 5O857 | |
| Additions | ||||
| At31 March 2022 | 55,359 | 236,4L7_ | 56,857 | |
| DEPRECIATION | ||||
| AtlApril2021 | 35,586 | LsL,O77 | 50,732 | |
| Chargeforyear | 3,955 | L6,887 | 1,531 | |
| At31 March 2022 | 39,541 | L67t-,964. | 5\263 | |
| NETBOOKVALUE | ||||
| At31 March 2022 | !5,818 | _E3dl | -lr!e4 | |
| At31 March2021 | -19&. | _sffig | _98 | |
| Sefer | Computer | |||
| Torahs E |
equipment E |
Totals f |
||
| cosr | ||||
| AtlApril 2021 Additions |
TrOOO | 51222 2"L6O |
3601855 2,t.w |
|
| At31 March 2022 | 7,OOO 7,382 | 363d1! | ||
| DEPRECIATION | ||||
| AtlApril 2021 | 3,254 | 24O,ilg | ||
| Chargeforyear | 897 | 23,27O | ||
| At31 March 2022 | 4,151 | 263df9 | ||
| ilETBOOKVALUE | ||||
| At31 March2022 | J,OOO. | --9,8L | _99de6 | |
| At31 March2021 | _Z9q9 | __!Egg | 129,206 | |
| 8, | DEBTORS:AMOUNTS FALLII{GDUEWITHII{ONE YEAR | |||
| 20.22 | 2021 | |||
| i. | E | |||
| Trade debtors | 118 | 4,178 | ||
| Other debtors | 42tLO3 | 4t,126 | ||
| Prepayments and accrued income | 20.,8O2 | 21,851 | ||
| *93,023 | s2155 |
| 9. | CREDITORS: AMOUNTS FALLING | DUEWITHII{ONEYEAR | ||
|---|---|---|---|---|
| 2022 | 202t | |||
| E | E | |||
| Bank loans andoverdrafts(seenote11) | 2,555 | 12,773 | ||
| Trade creditors | 467 | 15,149 | ||
| Other creditors | 15,681 | L2,360 | ||
| Accruedoeenses | 25,088 | 35,306 | ||
| EAz! | -EJqg | |||
| 10. | CREDITORS:AMOUNTSFALLING | DUEAFTER MORETHAN ONEYEAR | ||
| 2022 t |
2A2t E |
|||
| Bank loans (seenote11) | -?E | |||
| 11. | LOANS | |||
| An analysis ofthematurityofloansisgiven below: | ||||
| 2022 | 2A2t | |||
| g. | E | |||
| Amounts falling duewithinone year | on demand | |||
| Bankloans | --?1551PlZ1 | |||
| Amountsfallingbetween one andtwoyears: | ||||
| Bank loans-1-2years | _?di5 | |||
| L2. | MOVEMENTINFUNDS | |||
| Net | ||||
| movement | At | |||
| At1.4.21 | infunds | 3r.3.22 | ||
| E | E | E | ||
| Unrestrictedftlnds General fund |
238,L78 | Lstil7 | 253,825 | |
| TOTALFUNDS | ?38,L78. | JE,il7- | _?53,82s | |
| Net movementinfunds.included in | theabove areasfollows: | |||
| Incoming | Resources | Movement | ||
| resources | o<pended | infunds | ||
| E | E | E | ||
| Unrcstricted funds General fund |
?s2,4LO | (336,763)L5,U7 | ||
| TOTALFUNDS | _!5Afl9 | (33e7ffi) | J8,il7 |
| Comparativesformovementinfunds | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1.4.20 | infunds | 31.3.21 | |
| E | E | E | |
| Unrcstrlcted funds Generalfund |
235,243 | 2,935 | 238,778 |
| TOTALFUNDS | 23s&. | __28 | 233,178 |
| Comparative net movementinfunds,includ | din the above areasfollows: | ||
|---|---|---|---|
| Incoming | Rsourc€s | Movement | |
| resources | e:<pended | in funds | |
| E | E | E | |
| Unrcstricted tunds Generalfund |
299,4t4 | (296,479) | 2,935 |
| TOTALFUNDS | 299.4L4 | (296.479| 2.935 |
| A current year 12 months and prioryear12 | months combined positionis asfollows | ||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At1.4.20 | infunds | 3L.3.22 | |
| E | E | E | |
| Unrcstricted funds Generalfund |
235,243 | 18,582 | 253,825 |
| TOTAL FUI{DS | 23s& | __1gJg2 | 2s3f4J. |
| Incoming | Resources | Mwement | |
|---|---|---|---|
| resources | o<pended | infunds | |
| E | t_ | E | |
| Unrcstricted firnds Generalfund |
651,824 | (633,242) | 18,582 |
| TOTALFUNDS | _fl&I | $332la) | __1gdga |