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2020-12-31-accounts

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LIBERAL JUDAISM (ULPS)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

LIBERAL JUDAISM (ULPS)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Ruth Seager Rosalind Clayton Karen Newman Paul Silver-Myer Hannah Stephenson Janet Berkman Owen Power Susanne Combe Rabbi Rene Pfertzel Leslie Moss Alex Kinchin-Smith Rabbi Rebecca Birk

(Appointed 7 July 2020) (Appointed 7 July 2020) (Appointed 7 July 2020) (Appointed 14 December 2020) (Appointed 6 July 2021) (Appointed 6 July 2021) (Appointed 14 December 2020)

Charity number 1151090

Company number 08281223

Principal address

Auditor

Bankers

The Montagu Centre 21 Maple Street London W1T 4BE

HW Fisher LLP Acre House 11-15 William Road London NW1 3ER United Kingdom

E ĂƟŽŶĂů�t ĞƐƚŵ ŝŶŝƐƚĞƌ��ĂŶŬ�WůĐ

Baker Street Branch PO Box 2BA 69 Baker Street London W1A 2BA United Kingdom

LIBERAL JUDAISM (ULPS)

CONTENTS

Page
Trustees' report 1 - 12
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Independent auditor's report 14 - 16
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Balance sheet 19
Statement of cash fows 20
Notes to the fnancial statements 21 - 36

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their report and financial statements for the year ended 31 December 2020.

The financial statements comply with the Companies Act 2006 and the Memorandum and Articles of Association and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

– Objectives and Activities Review of Progress 2020

In the shadow of the coronavirus pandemic, Liberal Judaism, its leadership and its communities excelled in making sure members’ spiritual, human, intellectual and pastoral needs were met.

Displaying creativity in a time of crisis, Liberal Judaism at Home was launched. The initiative – which included moving of all of Liberal Judaism’s events, services and festival celebrations online – was widely praised both inside and outside of the movement.

Liberal Judaism also continued its remit of providing education, religious and community services to its constituents and to wider Anglo Jewry.

Biennial Weekend 2020

A record breaking 1,500 registered delegates attended the Liberal Judaism Biennial Weekend in May 2020 – hearing the movement’s rabbis and leadership outline plans to make its prophetic voice even stronger in the years ahead.

With five times as many people signed up to watch online as can fit into the Biennial’s regular home of a hotel, delegates heard from 70 speakers during 32 hours and 41 minutes of live streaming across YouTube, Zoom, Facebook and Twitter.

The Biennial featured 12 sessions exploring the many facets of collaboration, multiple study workshops, three Shabbat services, two Kiddushim, one Havdalah led by youth movement LJY-Netzer and an evening of entertainment with Jewish drag queen Dame Dave Lynn.

Among the many highlights of Biennial was the keynote conversation between Matthew Gould – CEO of NHSX and former British Ambassador to Israel – and Daniel Finkelstein, a columnist for The Times and Jewish Chronicle.

The Biennial also gave Liberal Jews the chance to say goodbye to former Chief Executive Rabbi Danny Rich and Chair Simon Benscher, both of who stepped down from their roles earlier in the year.

Lily’s Legacy

A Biennial highlight was the launch of the Lily’s Legacy: Voices and Visions of Liberal Judaism exhibition. Inspired by Lily Montagu and the founders of Liberal Judaism, the exhibition showcases an incredible history and heritage as told by members of all ages and backgrounds.

New leadership team

During 2020, Liberal Judaism appointed Rabbi Charley Baginsky as Chief Executive Officer, with Shelley Shocolinsky-Dwyer becoming Chief Operating Officer. Both then took up their positions in January 2021.

Charley and Shelley had been Interim Directors of the movement since March 2020 – overseeing the highly successful period outlined in this report.

Rabbis Rebecca Birk and Rabbi Dr Rene Pfertzel were elected as Co-Chairs of the Conference of Liberal Rabbis and Cantors, with whom the religious voice of Liberal Judaism rests.

Finally, Ruth Seager was unanimously elected as the Chair of Liberal Judaism at the 2020 AGM. Ruth has served many roles at East London & Essex Liberal Synagogue (ELELS) and on Liberal Judaism’s Board of National Officers. She had been Acting Chair of the movement since previous chair Simon Benscher stepped down due to ill health.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

Welcoming mixed faith families

The major policy decision for Liberal Judaism in 2020 was to grant mixed faith couples the opportunity to receive a wedding blessing from a rabbi under the traditional Jewish chuppah.

The Conference of Liberal Rabbis and Cantors (CoLRaC) came to the decision, after much discussion, in order to recognise and celebrate the diversity of Jewish life today.

It is the culmination of a process that began more than two decades ago when Liberal rabbis first began to conduct mixed faith wedding blessings in private. The next step was holding these in public, including in synagogue, and now the option of a chuppah has been added.

Mixed faith couples must be civilly married before any blessing, as the Marriage Law of England and Wales only permits rabbis and synagogue marriage secretaries to ‘officiate’ where both bride and groom ‘profess’ the Jewish faith.

As with all weddings, the use of the chuppah is at the rabbi’s discretion and where the couple intend to maintain a Jewish home.

Making headline news in The Guardian, Times, BBC Radio 4 and across the Jewish and faith press, this is the first time any Jewish movement in the UK has introduced the deeply symbolic chuppah into a mixed faith ceremony.

Community Briefings

A big innovation from Liberal Judaism in 2020 was the launch of its Community Briefings – a weekly Zoom get together of Chairs and other leaders from each Liberal community with the chance to catch-up, share ideas and discuss a key issue of the day.

Each briefing was focussed on a topic of relevance to all Liberal communities – from how to conduct online service to tackling antisemitism – with weekly expert speakers from both inside and outside the movement including guests from CST and the Board of Deputies.

The briefings provided a range of information and support on issues relating to Covid-19, including re-opening synagogues, risk assessments and furlough schemes.

Many also found the chance to easily catch-up with friends from across the country each week a comfort and support in times of lockdown.

Ba’alei Tefillah

In March, Liberal Judaism took its popular Ba’alei Tefillah lay leadership course online – allowing its sixth cohort to continue the learning experience that will see them fully prepared to take services in their communities.

One of the strongest cohorts yet, it included 16 candidates from 15 communities in five countries.

Hot Potatoes

Liberal Judaism continued with its popular Hot Potatoes panel discussions – which aim to debate some of the most controversial issues within the Jewish community, but in a safe space where all views are heard and there is more discussion than judgement.

Moving online, as part of Liberal Judaism at Home, attendances were strong and topics covered included students, Liberal Zionism and annexation. Speakers included senior leaders from the Israeli Embassy and the Israel Movement for Progressive Judaism, as well as Nadia Whittome MP, Professor Adam Sutcliffe and Liberal Judaism’s own rabbis.

Education Hub

Liberal Judaism's Education Hub also moved online, building on its successful launch in 2019 and giving even more people, from all faiths and backgrounds, the opportunity to learn and think about Judaism, faith and philosophy.

In order to make sure that everyone has access to the education opportunities, Liberal Judaism made the Education Hub free during the exceptional times of the pandemic..

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

Each term was themed with topics ranging from online safeguarding to asylum seekers in Israel.

One of the most popular topics was Liberal Judaism: Radical Roots, Relevant Responses – a partnership with the Cape Town Progressive Jewish Congregation.

Hosted by Rabbi Charley Baginsky and Rabbi Dr René Pfertzel, it delved into the history of spirituality in Liberal Judaism and drew on the teachings of its founders.

Training and education

At the start of the year, before the pandemic began, more than 100 Reform and Liberal Judaism cheder and religion school teachers gathered at The Liberal Jewish Synagogue for a teacher training event.

Participants had the opportunity to deepen a range of skills, with sessions selected based on teacher requests and specific development opportunities.

There were opportunities to deepen knowledge of Hebrew, special educational needs and working inter-generationally, as well as expert-led discussions around mental health.

Once the pandemic began, a number of sessions were run for educators and teachers to help them learn, discuss and share best practice on how to deliver education online.

Other successful events in 2020 included safeguarding training for community chairs, council members and cheder teachers.

New Student Chaplain

Former LJY-Netzer movement worker Rabbi Anna Posner returned to Liberal Judaism as the new Progressive Judaism student chaplain.

Her role is to support Jewish students and build the presence and vibrancy of Progressive Jewish life on campuses throughout the country.

In addition, Anna was appointed as part-time rabbi for both Beit Klal Yisrael (BKY) and Norwich Liberal Jewish Community.

Social Action and Social Justice

Even the small matter of a pandemic couldn’t stop Liberal Judaism’s work in the fields of social action and social justice, which included:

Liberals in Lockdown

Liberal Judaism's Archiving Team began a new project to record how life has changed during lockdown within the community.

Members sent in their stories, photographs, facts, and figures of life during the pandemic, which will form a permanent record.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

Last Night Chanukah Party

Liberal Judaism ended 2020 with a Last Night Chanukah Party full of song, fun, entertainment and, above all, light.

The event raised more than £10,000 to aid the movement’s goal of bringing Judaism into all homes during the pandemic.

The Chanukah Party was hosted by BBC Three Counties Radio star Toby Friedner and broadcast live on the Liberal Judaism YouTube, Facebook and Twitter channels – with 250 people tuning in.

Highlights of the night included a movement-wide Chanukah lighting and our congregations singing their own renditions of Maoz Tzur, with lyrics changed to reflect everything from coronavirus lockdowns to recent community landmarks.

LJ Lights

A new series of awards, titled LJ Lights, were given out at the Last Night Chanukah Party in order to say thank you to those members who had gone above and beyond to make life easier in this most difficult of years.

LJY-Netzer

There is no doubt that 2020 was a difficult one for LJY-Netzer, including the cancellation of events and tours people had been waiting years to go on but the Movement Workers reacted brilliantly to make sure Liberal youth could still get their Netzer fix.

LJY-Netzer at Home was launched, mirroring the successful Liberal Judaismat Home initiative and offering online-only programming tailored for all the different shikvot (age groups), and ranging from art sessions to debate club.

Then, in place of Kadimah summer camp, the team ran Machaneh B’Bayit a FREE inclusive online summer programme for all young people in schoolyears 2-11 (ages 7 to 16) with hours of fun activities, learning and games.

There were also packs and activities based around Shavuot and Chanukah,and cross-communal Mitzvah Day activities, making sure every young person could still engage with their Liberal Judaism.

Media and social media

The Liberal Judaism At Home initiative and support for members during the pandemic was highlighted by another very strong period for Liberal Judaism in its PR and communications.

The movement kept a high media profile throughout the year with regular news stories, pictures and commentary in the Jewish press and local newspapers, as well as crossing over into the national and mainstream media.

Social media engagement was strong, with a big increase in followers and engagement on Facebook, Twitter and Instagram.

– Objectives and Activities Review of Progress

The principal objective of Liberal Judaism is to promote religion by teaching and to advance the beliefs and practices of Liberal and Progressive Judaism generally.

Liberal Judaism provides religious, educational, youth, cultural and social activities and materials both to its constituents and their members. It develops, assists and supports new groups, small communities and larger congregations. It supports in both finance and personnel the work of other associated bodies including the Leo Baeck College and the World Union for Progressive Judaism.

Liberal Judaism publishes prayer books, pamphlets, newsletters, statements of belief and other publications of wider Jewish interest. It speaks out on issues relating to Judaism generally, and more specifically, Liberal Judaism responds to matters of a social and ethical nature.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

Strategic objectives

In 2014 the Board of National Officers commissioned a major research and development project which aimed to work with a wide range of stakeholders to set a strategy for Liberal Judaism for the next five years. After a year-long consultation with members and stakeholders from all communities, levels of engagement and age groups, a number of objectives were identified which were considered to be crucial elements of the organisation achieving the principal objective, as well as the aim articulated in the organisation’s publicity material:

Liberal Judaism is the dynamic, cutting edge of modern Judaism. It is an active force for good in lives of Jews and wider society.

These objectives break down into eight overall headings:

  1. Leadership

  2. Education and Learning

  3. Theology and Liturgy

  4. Membership

  5. Community Care and Volunteering

  6. Communications

  7. Israel

  8. Liberal Judaism as Political Judaism

Under each of these headings, detailed objectives were outlined; outcomes from these objectives are set on an annual basis by staff and the Board of National Officers. The achievements of the organisation in 2020 have been assessed against these detailed objectives and are presented later in this report with planned activities to meet objectives in 2021. These objective areas and overall strategy were due to be reviewed in 2020, but this was not possible due to the impact of the Covid-19 pandemic. The objectives have been kept, however, as they are a useful tool to develop and assess the impact of the organisation’s work.

A Note on Activities in 2020

Liberal Judaism adjusted quickly to the impact of Covid-19 both on the organisation and its members. A combination of good preparation and hard work from everyone on the team meant the Montagu Centre staff team was able to continue working in a manner close to business as usual. However, it should be evident that the goals have had to adjust according to the current situation. Covid-19 has meant for many that they have introduced an entirely new way of working; Liberal Judaism has had to adapt but were already on a path to utilising technology, sharing resources and platforming multiple voices.

Achievements in 2020 and Planned Activities for 2021

1. Leadership

In 2020 we:

In 2021 we will:

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

2. Education and Learning

In 2020 we:

In 2021 we will:

3. Theology and Liturgy

In 2020 we:

In 2021 we will:

.

4. Membership

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

In 2020 we:

In 2021 we will:

5. Community Care and Volunteering

In 2020 we:

In 2021 we will:

6. Communications

In 2020 we:

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

In 2021 we will:

Fundraising

In 2020 Liberal Judaism continued to develop the theme of ‘The Home for Your Jewish Story’ by reflecting the move to online delivery. We included online requests for donations for all work that had been moved into this new delivery space, including the provision of online prayerbooks and other resources. The biennial conference presented an opportunity for us to present our aims and to raise funds from attendees. We saw a small growth in ongoing donations as a result, as well as a number of one-off gifts.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

During 2020 we identified a fundraising consultant who we will be working with in 2021 to develop fundraising campaigns, events and legacies.

Structure, governance and management

Liberal Judaism (ULPS) is established as a charitable company limited by guarantee and is a registered charity with the Charity Commission (No 1151090). The charity’s affairs are governed by its Memorandum and Articles of Association which allows for any activities covered by the charity’s objectives with no restrictions. In the event of the company being wound up the maximum each member will contribute will be £1.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of approval of the financial statements:

Simon Benscher (Chair, resigned January 2020) Ruth Seager (Chair) Karen Newman (Vice Chair) Paul Silver-Myer (Treasurer) Amanda McFeeters (Resigned July 2021) Jackie Richards (Resigned April 2020) Robin Moss (Resigned July 2020) Graham Carpenter (Resigned January 2021) Ros Clayton Jane Drapkin (Resigned June 2020) Hannah Stephenson Janet Berkman (Elected July 2020) Owen Power (Elected July 2020) Susanne Combe (Elected July 2020) Omar Portillo (Appointed October 2020, resigned April 2021) Joel Beckman (Appointed October 2020, resigned July 2021) Rabbi Aaron Goldstein (Chair of the Conference of Rabbis and Cantors, resigned December 2020) Rabbi Rebecca Birk (Joint Chair of the Conference of Liberal Rabbis and Cantors, appointed December 2020) Rabbi Rene Pfertzel (Joint Chair of the Conference of Liberal Rabbis and Cantors, appointed December 2020) Alex Kinchin-Smith (Appointed July 2021) Leslie Moss (Appointed July 2021)

The trustees of Liberal Judaism, known as Officers, are recruited on the basis of skills that they can offer where gaps exist in the trustee group. Consideration is also given to the representation of a cross section of Liberal Judaism's membership on the Board of National Officers.

Officers can be co-opted during the year by the Board of National Officers, for their election to be confirmed at the AGM or Council, or can stand at the AGM for direct election. Officers serve three- year terms. The trustees' induction and training programme is reviewed regularly. The Board of National Officers delegate day-to-day decision making on matters relating to employment of staff, PR and business planning to the Chief Executive; from January to March 2020 this role was held by Rabbi Danny Rich, from March to December 2020 the role was held by Joint Interim Directors Rabbi Charley Baginsky and Shelley Shocolinsky-Dwyer. In January 2021 Rabbi Charley Baginsky was appointed Chief Executive and Shelley Shocolinsky-Dwyer Chief Operating Officer.

The Board of National Officers met eleven times during the year to consider strategic and business matters that have an impact on the organisation. The Board of National Officers are mandated to make decisions on these matters by the Council, which meets quarterly and is comprised of representatives from all member communities.

There are no related organisations.

The trustees have complied with their duty in section 17 of the Charities Act 2011 to have due regard to guidance on public benefit published by the Charity Commission.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

Financial review

General

The Senior Management Team is delegated by the Board of National Officers (BoNO), to generate funds that enable the delivery of a range of services whilst maintaining tight controls on spending. At the financial year end a surplus of £14,606 was recorded; this is compared to a deficit of £42,107 in 2019.

At the end of 2010, Liberal Judaism purchased an extension to Edgwarebury Cemetery, borrowing in excess of £190,000 from six constituent communities who participate in the burial scheme. The loans were for a minimum of 5 years and a maximum of 10 years, and by the end of the ninth year, 31 December 2020, some 99% had been repaid. The final payments will be made in full during 2021.

At the year-end reserves were £582,289 (2019: £567,683) consisting of £51,363 general unrestricted funds (2019: 40,957), £525,026 designated funds (2019: £523,326) and £5,900 restricted funds (2019: £3,400).

Income

Total income was down by some £328,632 to £1,359,126 in 2020 (£1,687,758 in 2019). Income increased from 2019 for cemetery scheme income (£22,851) due to a higher death rate in 2020.

There was a decrease in income in several areas, including congregational fees, where income fell from £501,768 in 2019 to £477,373 in 2020 (a decrease of £24,395). In a number of cases this was due to a loss of income in member communities from loss of venue hire revenue; wherever possible, agreements were put in place to treat this shortfall as a loan, with deferred income due in 2021-2022. There was also a decrease in outreach and rabbinic services income of £91,441, from £261,716 in 2019 to £170,275 in 2020, as many communities did not use in person rabbinic services, which were put on hold. Finally, youth and Kadimah income was significantly reduced from £293,642 in 2019 to £65,652 in 2020 due to events and programmes being cancelled as result of Covid-19. Youth programming was delivered online and with grant support to minimise costs to participants.

Expenditure

In 2020 total expenditure decreased by £385,345, from £1,729,865 in 2019 to £1,344,520 in 2020.

There were decreases in expenditure on LJY-Netzer activities of £215,044, from £267,179 in 2019 to £52,135 in 2020, matching the decrease in income seen in this area in 2020 as events and programming were moved online. There were decreases in grant funding from £232,415 in 2019 to £184,083 in 2020 (£48,332), which varies annually due to the number of students enrolled at LBC; the cohort during 2020 was smaller leading to smaller costs overall. There was a decrease in staff costs of £107,482, from £709,046 in 2019 to £601,564 in 2020 as staff who left were not replaced in the year, as well as a general reduction in staff overall. Staffing is held at a level required to deliver core programming, but this changed over the course of 2020 due to the impacts of Covid-19.

Support costs overall also fell during the year by £48,212, from £281,396 in 2019 to £233,184 in 2020, due to the move to home working and reduction in office costs where possible, alongside a significant reduction in costs relating to travel to communities and events.

LJ staff are very aware that LJ's success is in no small part dependent on their maintaining tight financial control on their own particular projects; wherever possible, projects are run on the basis of break even or small surplus budgets. Contracts and service agreements were reviewed during the year to ensure that the organisation is receiving good value for money and in some cases suspended or reduced due to changed needs based on the move to home working.

The pay and remuneration of all staff, including senior management personnel, is set annually through a review process conducted by the Board of National Officers. This process includes a review of salaries for similar positions in other non-profit organisations, particularly in the Jewish charity sector, and rabbinic contractual arrangements recommended by the Conference of Liberal Rabbis and Cantors.

Fundraising

Liberal Judaism manages all fundraising internally and did not use external agencies or fundraisers in 2020. Fundraising is overseen by the Chief Executive, Rabbi Charley Baginsky, with support from the Events Manager, Tom Rich. The key elements of the fundraising strategy are a Patron’s scheme for donors paying £2,500 per annum and above, a Friends scheme for donors giving less than £1,500 per annum, one off donations and grant funding from a range of sources.

There was a decrease in fundraising expenses of £13,252 during 2020, due to moving all activities online.

LIBERAL JUDAISM (ULPS)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2020

All donors are contacted through person to person fundraising, with contact limited to prevent intrusion and pressure. Fundraising communications are managed with regard to the General Data Protection Regulation. No complaints about fundraising were received in 2020, although a robust complaints process is publicised. Liberal Judaism is registered with the Fundraising Regulator.

In addition to the generosity of our Patrons and donors, a number of specific grants were received from the NLPS Trust for Progressive Judaism, the UJIA, The Jewish Youth Fund and Netzer Olami. These grants totalled £73,507 in 2020.

Risk - significant events, risk and uncertainties

The most significant financial uncertainties and risks experienced by Liberal Judaism relate to the availability of different funding sources, all of which have different vulnerabilities. These risks are managed using a variety of strategies:

  1. Donors – this funding stream is always open to variation, with the Liberal Judaism Council of Patrons making up the majority of donations through a minimum contribution of £2,500 per annum. Donors are thanked every year at a special dinner (when external circumstances permit). A new Friends scheme for donors making a contribution of less than £2,500 per annum was launched in late 2017 and has increased income from smaller regular donations. There are some additional risks related to Covid-19, specifically loss of investment income and other issues impacting on our donors. We have not noted a significant decrease in donations from Patrons in 2020 and have increased one-off and smaller donations.

  2. Collection of Congregational Fees - in a challenging economic climate, affiliation fees can be affected, as lower membership fees are collected by communities. Liberal Judaism is working with member communities to support development and growth, which will lead to increased membership. Income from congregational fees was stable in as the result of improved relationships with member communities.

  3. Grants - Liberal Judaism accesses grants from a range of funders to develop and deliver core programmes (LJY-Netzer) and new projects. Project work can be delayed until suitable funding is awarded, so it is important that Liberal Judaism maintains good relationships with funders and identifies new funding opportunities.

  4. Sale of Services - a range of services are sold to member communities (mainly rabbinic support) and to non-members (mainly funeral services). In 2020 the budget target for non-member funeral income was £100,000, which was exceeded, but this target is something that the organisation has limited control to achieve. To mitigate this risk, the targets are kept at a sensible level and the organisation works to deliver an efficient, caring service that is publicised discreetly and through word of mouth.

Other financial risks that could have an impact on Liberal Judaism include:

There are no additional major risks, uncertainties or events were anticipated or forecast for 2021 – planning now takes place in the context of potential lockdowns and budgets are written that reflect alternative outcomes.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months’ core expenditure. The trustees consider that reserves at this level will ensure that in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The current level of reserves is £51,363, some 20% of the target set. A close eye is kept on expenditure during the financial year with regular management accounting reviewed by the Board on a regular basis. The treasurer and Chief Operating Officer work together to ensure that the organisation is receiving funds in a timely manner and that any decrease in income is accounted for and provisions made to reduce costs accordingly; invoicing and credit control is increasingly based on spreading amounts due into monthly payments across the year, which assists cashflow and helps prevent the build-up of crisis points and significant debts. Sufficient funds are maintained to enable redundancy payments to staff, if required.

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LIBERAL JUDAISM (ULPS)

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2020

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dŚĞ�ƚƌƵƐƚĞĞƐ�ĂƌĞ�ƌĞƐƉŽŶƐŝďůĞ�ĨŽƌ�ŬĞĞƉŝŶŐ�ĂĚĞƋƵĂƚĞ�ĂĐĐŽƵŶƟŶŐ�ƌĞĐŽƌĚƐ�ƚŚĂƚ�ĚŝƐĐůŽƐĞ�ǁ ŝƚŚ�ƌĞĂƐŽŶĂďůĞ ĂĐĐƵƌĂĐLJ�Ăƚ�ĂŶLJ�Ɵŵ Ğ�ƚŚĞ ĮŶĂŶĐŝĂů�ƉŽƐŝƟŽŶ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ĂŶĚ�ĞŶĂďůĞ�ƚŚĞŵ �ƚŽ�ĞŶƐƵƌĞ�ƚŚĂƚ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĐŽŵ ƉůLJ�ǁ ŝƚŚ�ƚŚĞ��Žŵ ƉĂŶŝĞƐ��Đƚ�ϮϬϬϲ͘They ĂƌĞ�ĂůƐŽ�ƌĞƐƉŽŶƐŝďůĞ�ĨŽƌ�ƐĂĨĞŐƵĂƌĚŝŶŐ�ƚŚĞ�ĂƐƐĞƚƐ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ĂŶĚ�ŚĞŶĐĞ�ĨŽƌ�ƚĂŬŝŶŐ�ƌĞĂƐŽŶĂďůĞ�ƐƚĞƉƐ�ĨŽƌ�ƚŚĞ�ƉƌĞǀĞŶƟŽŶ�ĂŶĚ�ĚĞƚĞĐƟŽŶ ŽĨ�ĨƌĂƵĚ�ĂŶĚ�ŽƚŚĞƌ�ŝƌƌĞŐƵůĂƌŝƟĞƐ͘

LIBERAL JUDAISM (ULPS)

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF LIBERAL JUDAISM (ULPS)

Opinion

h ĐŽŵ ƉƌŝƐĞ�ƚŚĞ�ƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ĮŶĂŶĐŝĂů�ĂĐƟǀŝƟĞƐ͕�ƚŚĞ�ďĂůĂŶĐĞ�ƐŚĞĞƚ͕�ƚŚĞ�ƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ĐĂƐŚ�ŇŽǁ Ɛ�ĂŶĚ�ƚŚĞ�ŶŽƚĞƐ�ƚŽ�ƚŚĞ�ĮŶĂŶĐŝĂů ƐƚĂƚĞŵ ĞŶƚƐ͕�ŝŶĐůƵĚŝŶŐ�ƐŝŐŶŝĮĐĂŶƚ�ĂĐĐŽƵŶƟŶŐ�ƉŽůŝĐŝĞƐ͘�dŚĞ�ĮŶĂŶĐŝĂů�ƌĞƉŽƌƟŶŐ�ĨƌĂŵ Ğǁ ŽƌŬ�ƚŚĂƚ�ŚĂƐ�ďĞĞŶ�ĂƉƉůŝĞĚ�ŝŶ�ƚŚĞŝƌ�ƉƌĞƉĂƌĂƟŽŶ�ŝƐ ĂƉƉůŝĐĂďůĞ�ůĂǁ �ĂŶĚ�hŶŝƚĞĚ�<ŝŶŐĚŽŵ ��ĐĐŽƵŶƟŶŐ�^ƚĂŶĚĂƌĚƐ͕�ŝŶĐůƵĚŝŶŐ�&Z^�ϭϬϮ� dŚĞ�&ŝŶĂŶĐŝĂů�ZĞƉŽƌƟŶŐ�^ƚĂŶĚĂƌĚ�ĂƉƉůŝĐable in the UK and Republic of Ireland ;hŶŝƚĞĚ�<ŝŶŐĚŽŵ �' ĞŶĞƌĂůůLJ��ĐĐĞƉƚĞĚ��ĐĐŽƵŶƟŶŐ�WƌĂĐƟĐĞͿ͘

Basis for opinion

t Ğ�ĐŽŶĚƵĐƚĞĚ�ŽƵƌ�ĂƵĚŝƚ�ŝŶ�ĂĐĐŽƌĚĂŶĐĞ�ǁ ŝƚŚ�/ŶƚĞƌŶĂƟŽŶĂů�^ƚĂŶĚĂƌĚƐ�ŽŶ��ƵĚŝƟŶŐ�;h<Ϳ�;/^�Ɛ�;h<ͿͿ�ĂŶĚ applicable law. Our ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ�ƵŶĚĞƌ�ƚŚŽƐĞ�ƐƚĂŶĚĂƌĚƐ�ĂƌĞ�ĨƵƌƚŚĞƌ�ĚĞƐĐƌŝďĞĚ�ŝŶ�ƚŚĞ��ƵĚŝƚŽƌΖƐ�ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ�ĨŽƌ�ƚŚĞ�ĂƵĚŝƚ�ŽĨ�ƚŚĞ�ĮŶĂŶĐŝĂůƐƚĂƚĞŵ ĞŶƚƐ ƐĞĐƟŽŶ�ŽĨ�ŽƵƌ�ƌĞƉŽƌƚ͘�t Ğ�ĂƌĞ�ŝŶĚĞƉĞŶĚĞŶƚ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŝŶ�ĂĐĐŽƌĚĂŶĐĞ�ǁ ŝƚŚ�ƚŚĞ�ĞƚŚŝĐĂů�ƌĞƋƵŝƌĞŵ ĞŶƚƐ�ƚŚĂƚ�ĂƌĞ�ƌĞůĞǀĂŶƚ�ƚŽ our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilŝƟĞƐ�ŝŶ� accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

�ŽŶĐůƵƐŝŽŶƐ�ƌĞůĂƟŶŐ�ƚŽ�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ

/Ŷ�ĂƵĚŝƟŶŐ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ͕�ǁ Ğ�ŚĂǀĞ�ĐŽŶĐůƵĚĞĚ�ƚŚĂƚ�ƚŚĞ�ƚƌƵƐƚĞĞƐΖ�ƵƐĞ�ŽĨ�ƚŚĞ�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ�ďĂƐŝƐ�ŽĨ�ĂĐĐŽƵŶƟŶŐ�ŝŶ�the ƉƌĞƉĂƌĂƟŽŶ�ŽĨ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ŝƐ�ĂƉƉƌŽƉƌŝĂƚĞ͘

�ĂƐĞĚ�ŽŶ�ƚŚĞ�ǁ ŽƌŬ�ǁ Ğ�ŚĂǀĞ�ƉĞƌĨŽƌŵ ĞĚ͕�ǁ Ğ�ŚĂǀĞ�ŶŽƚ�ŝĚĞŶƟĮĞĚ�ĂŶLJ�ŵ ĂƚĞƌŝĂů�ƵŶĐĞƌƚĂŝŶƟĞƐ�ƌĞůĂƟŶŐ�ƚŽ ĞǀĞŶƚƐ�Žƌ�ĐŽŶĚŝƟŽŶƐ�ƚŚĂt, ŝŶĚŝǀŝĚƵĂůůLJ�Žƌ�ĐŽůůĞĐƟǀĞůLJ͕�ŵ ĂLJ�ĐĂƐƚ�ƐŝŐŶŝĮĐĂŶƚ�ĚŽƵďƚ�ŽŶ�ƚŚĞ�ĐŚĂƌŝƚLJ͛Ɛ�ĂďŝůŝƚLJ�ƚŽ�ĐŽŶƟŶƵĞ�ĂƐ�Ă�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ�ĨŽƌ�Ă�ƉĞƌŝŽĚ of at least

KƵƌ�ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ�ĂŶĚ�ƚŚĞ�ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ�ŽĨ�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ǁ ŝƚŚ�ƌĞƐƉĞĐƚ�ƚŽ�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ�ĂƌĞ�ĚĞƐĐƌŝďĞĚ�ŝŶ�ƚŚĞ�ƌĞůĞǀĂŶƚ�ƐĞĐƟŽŶƐ�ŽĨ�ƚŚŝƐ� report.

ƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ

dŚĞ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ�ĐŽŵ ƉƌŝƐĞƐ�ƚŚĞ�ŝŶĨŽƌŵ ĂƟŽŶ�ŝŶĐůƵĚĞĚ�ŝŶ�ƚŚĞ�ĂŶŶƵĂů�ƌĞƉŽƌƚ�ŽƚŚĞƌ�ƚŚĂŶ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĂŶĚ�ŽƵƌ�Ăuditor's ƌĞƉŽƌƚ�ƚŚĞƌĞŽŶ͘�dŚĞ�ƚƌƵƐƚĞĞƐ�ĂƌĞ�ƌĞƐƉŽŶƐŝďůĞ�ĨŽƌ�ƚŚĞ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ�ĐŽŶƚĂŝŶĞĚ�ǁ ŝƚŚŝŶ�ƚŚĞ�ĂŶŶƵĂů�ƌĞƉŽƌƚ͘�KƵƌ�ŽƉŝŶŝŽŶ�ŽŶ�ƚŚĞ ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĚŽĞƐ�ŶŽƚ�ĐŽǀĞƌ�ƚŚĞ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ�ĂŶĚ͕�ĞdžĐĞƉƚ�ƚŽ�ƚŚĞ�ĞdžƚĞŶƚ�ŽƚŚĞƌǁ ŝƐĞ�ĞdžƉůŝĐŝƚůLJ�ƐƚĂƚĞĚ�ŝŶ�ŽƵƌ�ƌĞƉŽƌƚ, we do ŶŽƚ�ĞdžƉƌĞƐƐ�ĂŶLJ�ĨŽƌŵ �ŽĨ�ĂƐƐƵƌĂŶĐĞ�ĐŽŶĐůƵƐŝŽŶ�ƚŚĞƌĞŽŶ͘�KƵƌ�ƌĞƐƉŽŶƐŝďŝůŝƚLJ�ŝƐ�ƚŽ�ƌĞĂĚ�ƚŚĞ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ�ĂŶĚ͕�ŝŶ�ĚŽŝŶŐ�ƐŽ͕�Đonsider ǁ ŚĞƚŚĞƌ�ƚŚĞ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟŽŶ�ŝƐ�ŵ ĂƚĞƌŝĂůůLJ�ŝŶĐŽŶƐŝƐƚĞŶƚ�ǁ ŝƚŚ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�Žƌ�ŽƵƌ�ŬŶŽǁ ůĞĚŐĞ�ŽďƚĂŝŶĞĚ�ŝŶ�ƚŚĞ�ĐŽƵƌƐe of the ĂƵĚŝƚ͕�Žƌ�ŽƚŚĞƌǁ ŝƐĞ�ĂƉƉĞĂƌƐ�ƚŽ�ďĞ�ŵ ĂƚĞƌŝĂůůLJ�ŵ ŝƐƐƚĂƚĞĚ͘�/Ĩ�ǁ Ğ�ŝĚĞŶƟĨLJ�ƐƵĐŚ�ŵ ĂƚĞƌŝĂů�ŝŶĐŽŶƐŝƐƚĞŶĐŝĞƐ or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements ƚŚĞŵ ƐĞůǀĞƐ͘�/Ĩ͕�ďĂƐĞĚ�ŽŶ�ƚŚĞ�ǁ ŽƌŬ�ǁ Ğ�ŚĂǀĞ�ƉĞƌĨŽƌŵ ĞĚ͕�ǁ Ğ�ĐŽŶĐůƵĚĞ�ƚŚĂƚ�ƚŚĞƌĞ�ŝƐ�Ă�ŵ ĂƚĞƌŝĂů�ŵ ŝƐƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ƚŚŝƐ�ŽƚŚĞƌ�ŝŶĨŽƌŵ ĂƟon, we are required to report that fact.

We have nothing to report in this regard.

ƉŝŶŝŽŶƐ�ŽŶ�ŽƚŚĞƌ�ŵ ĂƩĞƌƐ�ƉƌĞƐĐƌŝďĞĚ�ďLJ�ƚŚĞ��Žŵ ƉĂŶŝĞƐ��Đƚ�ϮϬϬϲ

In our opinion, based on the work undertaken in the course of our audit:

D ĂƩĞƌƐ�ŽŶ�ǁ ŚŝĐŚ�ǁ Ğ�ĂƌĞ�ƌĞƋƵŝƌĞĚ�ƚŽ�ƌĞƉŽƌƚ�ďLJ�ĞdžĐĞƉƟŽŶ

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not ŝĚĞŶƟĮĞĚ�ŵ ĂƚĞƌŝĂů�ŵ ŝƐƐƚĂƚĞŵ ĞŶƚƐ�ŝŶ�ƚŚĞ�ĚŝƌĞĐƚŽƌƐΖ�ƌĞƉŽƌƚ�ŝŶĐůƵĚĞĚ�ǁ ŝƚŚŝŶ�ƚŚĞ�ƚƌƵƐƚĞĞƐΖ�ƌĞƉŽƌƚ͘

LIBERAL JUDAISM (ULPS)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF LIBERAL JUDAISM (ULPS)

t Ğ�ŚĂǀĞ�ŶŽƚŚŝŶŐ�ƚŽ�ƌĞƉŽƌƚ�ŝŶ�ƌĞƐƉĞĐƚ�ŽĨ�ƚŚĞ�ĨŽůůŽǁ ŝŶŐ�ŵ ĂƩĞƌƐ�ŝŶ�ƌĞůĂƟŽŶ�ƚŽ�ǁ ŚŝĐŚ�ƚŚĞ��Žŵ ƉĂŶŝĞƐ��Đƚ�ϮϬϬϲ�ƌĞƋƵŝƌĞƐ�ƵƐ�ƚŽ�ƌĞport to you if, in our opinion:

ZĞƐƉŽŶƐŝďŝůŝƟĞƐ�ŽĨ�ƚƌƵƐƚĞĞƐ

�Ɛ�ĞdžƉůĂŝŶĞĚ�ŵ ŽƌĞ�ĨƵůůLJ�ŝŶ�ƚŚĞ�ƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ƚƌƵƐƚĞĞƐΖ�ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ͕�ƚŚĞ�ƚƌƵƐƚĞĞƐ͕�ǁ ŚŽ�ĂƌĞ�ĂůƐŽ�ƚŚĞ�ĚŝƌĞĐƚŽƌƐ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ĨŽƌ�the ƉƵƌƉŽƐĞ�ŽĨ�ĐŽŵ ƉĂŶLJ�ůĂǁ͕ĂƌĞ�ƌĞƐƉŽŶƐŝďůĞ�ĨŽƌ�ƚŚĞ�ƉƌĞƉĂƌĂƟŽŶ�ŽĨ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĂŶĚ�ĨŽƌ�ďĞŝŶŐ�ƐĂƟƐĮĞĚ�ƚŚĂƚ�they give a true ĂŶĚ�ĨĂŝƌ�ǀŝĞǁ͕�ĂŶĚ�ĨŽƌ�ƐƵĐŚ�ŝŶƚĞƌŶĂů�ĐŽŶƚƌŽů�ĂƐ�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ĚĞƚĞƌŵ ŝŶĞ�ŝƐ�ŶĞĐĞƐƐĂƌLJ�ƚŽ�ĞŶĂďůĞ�ƚŚĞ�ƉƌĞƉĂƌĂƟŽŶ�ŽĨ�ĮŶĂŶĐŝĂů�Ɛƚatements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are ƌĞƐƉŽŶƐŝďůĞ�ĨŽƌ�ĂƐƐĞƐƐŝŶŐ�ƚŚĞ�ĐŚĂƌŝƚLJ͛Ɛ�ĂďŝůŝƚLJ�ƚŽ�ĐŽŶƟŶƵĞ�ĂƐ�Ă�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ͕�ĚŝƐĐůŽƐŝŶŐ͕�ĂƐ�ĂƉƉůŝĐĂďůĞ͕�ŵ ĂƩĞƌƐ�ƌĞůĂƚĞd to going ĐŽŶĐĞƌŶ�ĂŶĚ�ƵƐŝŶŐ�ƚŚĞ�ŐŽŝŶŐ�ĐŽŶĐĞƌŶ�ďĂƐŝƐ�ŽĨ�ĂĐĐŽƵŶƟŶŐ�ƵŶůĞƐƐ�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ĞŝƚŚĞƌ�ŝŶƚĞŶĚ�ƚŽ�ůŝƋƵŝĚĂƚĞ�ƚŚĞ�ĐŚĂƌŝƚĂďůĞ�ĐŽŵ ƉĂŶLJ or to ĐĞĂƐĞ�ŽƉĞƌĂƟŽŶƐ͕�Žƌ�ŚĂǀĞ�ŶŽ�ƌĞĂůŝƐƟĐ�ĂůƚĞƌŶĂƟǀĞ�ďƵƚ�ƚŽ�ĚŽ�ƐŽ͘

�ƵĚŝƚŽƌΖƐ�ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ�ĨŽƌ�ƚŚĞ�ĂƵĚŝƚ�ŽĨ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ

KƵƌ�ŽďũĞĐƟǀĞƐ�ĂƌĞ�ƚŽ�ŽďƚĂŝŶ�ƌĞĂƐŽŶĂďůĞ�ĂƐƐƵƌĂŶĐĞ�ĂďŽƵƚ�ǁ ŚĞƚŚĞƌ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĂƐ�Ă�ǁ ŚŽůe are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

/ƌƌĞŐƵůĂƌŝƟĞƐ͕�ŝŶĐůƵĚŝŶŐ�ĨƌĂƵĚ͕�ĂƌĞ�ŝŶƐƚĂŶĐĞƐ�ŽĨ�ŶŽŶͲĐŽŵ ƉůŝĂŶĐĞ�ǁ ŝƚŚ�ůĂǁ Ɛ�ĂŶĚ�ƌĞŐƵůĂƟŽŶƐ͘�t Ğ�ĚĞƐŝŐŶ�ƉƌŽĐĞĚƵƌĞƐ�ŝŶ�ůŝŶĞ�ǁ ŝth our ƌĞƐƉŽŶƐŝďŝůŝƟĞƐ͕�ŽƵƚůŝŶĞĚ�ĂďŽǀĞ͕�ƚŽ�ĚĞƚĞĐƚ�ŵ ĂƚĞƌŝĂů�ŵ ŝƐƐƚĂƚĞŵ ĞŶƚƐ�ŝŶ�ƌĞƐƉĞĐƚ�ŽĨ�ŝƌƌĞŐƵůĂƌŝƟĞƐ͕�ŝŶĐůƵĚŝŶŐ�ĨƌĂƵĚ͘�dŚĞ�ĞdžƚĞŶƚ�to which our ƉƌŽĐĞĚƵƌĞƐ�ĂƌĞ�ĐĂƉĂďůĞ�ŽĨ�ĚĞƚĞĐƟŶŐ�ŝƌƌĞŐƵůĂƌŝƟĞƐ͕�ŝŶĐůƵĚŝŶŐ�ĨƌĂƵĚ͕�ŝƐ�ĚĞƚĂŝůĞĚ�ďĞůŽǁ ͘

As part of our planning process:

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LIBERAL JUDAISM (ULPS)

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2020

Current fnancial year
Unrestricted
Unrestricted
funds
funds
general
designated
2020
2020
Notes
£
£
Income and endowments from:
�ŽŶĂƟŽŶƐĂŶĚůĞŐĂĐŝĞƐ
3
51,879
-
�ŚĂƌŝƚĂďůĞĂĐƟǀŝƟĞƐ
4, 18
1,204,824
-
Investments
5
44
-
KƚŚĞƌĂĐƟǀŝƟĞƐ
6
28,872
-
Total income
1,285,619
-
Expenditure on:
Raising funds
7
7,026
-
�ŚĂƌŝƚĂďůĞĂĐƟǀŝƟĞƐ
8
1,266,487
-
Total resources expended
1,273,513
-
Net incoming/(outgoing) resources before
transfers
12,106
-
Gross transfers between funds
(1,700)
1,700
Net income/(expenditure) for the year/
Net movement in funds
10,406
1,700
Fund balances at 1 January 2020
40,957
523,326
Fund balances at 31 December 2020
51,363
525,026		 Restricted
funds
2020
£
-
73,507
-
-
73,507
-
71,007
71,007
2,500
-
2,500
3,400
5,900		 Total
2020
£
51,879
1,278,331
44
28,872
1,359,126
7,026
1,337,494
1,344,520
14,606
-
14,606
567,683
582,289		 Total
2019
£
84,658
1,603,008
92
-
1,687,758
14,237
1,715,628
1,729,865
(42,107)
-
(42,107)
609,790
567,683

�ůů�ŝŶĐŽŵ Ğ�ĂŶĚ�ĞdžƉĞŶĚŝƚƵƌĞ�ĚĞƌŝǀĞ�ĨƌŽŵ �ĐŽŶƟŶƵŝŶŐ�ĂĐƟǀŝƟĞƐ͘

dŚĞ�ƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ĮŶĂŶĐŝĂů�ĂĐƟǀŝƟĞƐ�ĂůƐŽ�ĐŽŵ ƉůŝĞƐ�ǁ ŝƚŚ�ƚŚĞ�ƌĞƋƵŝƌĞŵ ĞŶƚƐ�ĨŽƌ�ĂŶ�ŝŶĐŽŵ Ğ�ĂŶĚ�ĞdžƉĞŶĚŝƚƵƌĞ�ĂĐĐŽƵŶƚ�ƵŶĚĞƌ�ƚŚĞ� Companies Act 2006.

LIBERAL JUDAISM (ULPS)

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2020

Unrestricted
Unrestricted
funds
funds
general
designated
2019
2019
Notes
£
£
Income and endowments from:
�ŽŶĂƟŽŶƐĂŶĚůĞŐĂĐŝĞƐ
3
84,658
-
�ŚĂƌŝƚĂďůĞĂĐƟǀŝƟĞƐ
4, 18
1,518,316
-
Investments
5
92
-
Total income
1,603,066
-
Expenditure on:
Raising funds
7
14,237
-
�ŚĂƌŝƚĂďůĞĂĐƟǀŝƟĞƐ
8
1,630,936
-
Total resources expended
1,645,173
-
Net incoming/(outgoing) resources before transfers
(42,107)
-
Gross transfers between funds
19,513
9,700
Net income/(expenditure) for the year/
Net movement in funds
(22,594)
9,700
Fund balances at 1 January 2019
63,551
513,626
Fund balances at 31 December 2019
40,957
523,326		 Restricted
funds
2019
£
-
84,692
-
84,692
-
84,692
84,692
-
(29,213)
(29,213)
32,613
3,400		 Total
2019
£
84,658
1,603,008
92
1,687,758
14,237
1,715,628
1,729,865
(42,107)
-
(42,107)
609,790
567,683

�ůů�ŝŶĐŽŵ Ğ�ĂŶĚ�ĞdžƉĞŶĚŝƚƵƌĞ�ĚĞƌŝǀĞ�ĨƌŽŵ �ĐŽŶƟŶƵŝŶŐ�ĂĐƟǀŝƟĞƐ͘

dŚĞ�ƐƚĂƚĞŵ ĞŶƚ�ŽĨ�ĮŶĂŶĐŝĂů�ĂĐƟǀŝƟĞƐ�ĂůƐŽ�ĐŽŵ ƉůŝĞƐ�ǁ ŝƚŚ�ƚŚĞ�ƌĞƋƵŝƌĞŵ ĞŶƚƐ�ĨŽƌ�ĂŶ�ŝŶĐŽŵ Ğ�ĂŶĚ�ĞdžƉĞŶĚŝƚƵƌĞ�ĂĐĐŽƵŶƚ�ƵŶĚĞƌ�ƚŚĞ� Companies Act 2006.

UBERAL JUDAISM (ULPS) BALANCE SHEET AS Af31 DECEMBER 2020 2019 TanO6￿15sets 5Y.487 603,652 I7￿3￿ 5L105 104338 23.288 203.526 115,986 Debttys Cash at b￿k and In ha I13￿77 11852751 342,8 1383,7691 dbto￿. nwntsfalUwth• wilhknane y•¥ Netcuirent liabililes 112.1981 140,9691 Totsl a%ts k55 currtrtlkbll 582.289 S67.682 Restritted funds 17 Oeslgnateil funds General unTestrKted funds 525,026 51363 523.326 40.957 576389 564.Z83 5B2289 567.683 Th?fina￿lol 51eMer￿V￿re appr¢ed hftheTnistees oh..._..... Fluth Se38er 19.

LIBERAL JUDAISM (ULPS)

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2020

Notes
�ĂƐŚŇŽǁ ƐĨƌŽŵ ŽƉĞƌĂƟŶŐĂĐƟǀŝƟĞƐ
�ĂƐŚ;ĂďƐŽƌďĞĚďLJͿͬŐĞŶĞƌĂƚĞĚĨƌŽŵ ŽƉĞƌĂƟŽŶƐ
22
/ŶǀĞƐƟŶŐĂĐƟǀŝƟĞƐ
Investment income received
E ĞƚĐĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵ ŝŶǀĞƐƟŶŐĂĐƟǀŝƟĞƐ
&ŝŶĂŶĐŝŶŐĂĐƟǀŝƟĞƐ
Repayment of borrowings
E ĞƚĐĂƐŚƵƐĞĚŝŶĮŶĂŶĐŝŶŐĂĐƟǀŝƟĞƐ
Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2020
£
44
(7,500)		 £
(4,192)
44
(7,500)
(11,648)
115,986
104,338		 2019
£
92
(15,500)		 £
47,113
92
(15,500)
31,705
84,281
115,986

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2020

ϭ �ĐĐŽƵŶƟŶŐ�ƉŽůŝĐŝĞƐ

�Žŵ ƉĂŶLJ�ŝŶĨŽƌŵ ĂƟŽŶ

Liberal Judaism (ULPS) is a charitable company limited by guarantee and is a registered charity with the Charity Commission (No 1151090). Liberal Judaism aims to promote religion by teaching and advancing the beliefs and praĐƟĐĞƐ�ŽĨ�>ŝďĞƌĂů�ĂŶĚ Progressive Judaism.

The registered address for Liberal Judaism is The Montagu Centre, 21 Maple Street, London, W1T 4BE.

ϭ͘ϭ �ĐĐŽƵŶƟŶŐ�ĐŽŶǀĞŶƟŽŶ

dŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ŚĂǀĞ�ďĞĞŶ�ƉƌĞƉĂƌĞĚ�ŝŶ�ĂĐĐŽƌĚĂŶĐĞ�ǁ ŝƚŚ�ƚŚĞ��Žŵ ƉĂŶŝĞƐ��Đƚ�ϮϬϬϲ�ĂŶĚ�Η�ĐĐŽƵŶƟŶŐ�ĂŶĚ�ZĞƉŽƌƟŶŐ�ďLJ �ŚĂƌŝƟĞƐ͗�^ƚĂƚĞŵ ĞŶƚ�ŽĨ�ZĞĐŽŵ ŵ ĞŶĚĞĚ�WƌĂĐƟĐĞ�ĂƉƉůŝĐĂďůĞ�ƚŽ�ĐŚĂƌŝƟĞƐ�ƉƌĞƉĂƌŝŶŐ�ƚŚĞŝƌ�ĂĐĐŽƵŶƚƐ�ŝŶ�ĂĐĐordance with the &ŝŶĂŶĐŝĂů�ZĞƉŽƌƟŶŐ�^ƚĂŶĚĂƌĚ�ĂƉƉůŝĐĂďůĞ�ŝŶ�ƚŚĞ�h<�ĂŶĚ�ZĞƉƵďůŝĐ�ŽĨ�/ƌĞůĂŶĚ�;&Z^�ϭϬϮͿ�;ĞīĞĐƟǀĞ�ϭ�:ĂŶƵĂƌLJ�ϮϬϭϵͿΗ͘�dŚĞ�ĐŚĂƌŝƚLJ�is a WƵďůŝĐ��ĞŶĞĮƚ��ŶƟƚLJ�ĂƐ�ĚĞĮŶĞĚ�ďLJ�&Z^�ϭϬϮ͘

dŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ĂƌĞ�ƉƌĞƉĂƌĞĚ�ŝŶ ƐƚĞƌůŝŶŐ͕�ǁ ŚŝĐŚ�ŝƐ�ƚŚĞ�ĨƵŶĐƟŽŶĂů�ĐƵƌƌĞŶĐLJ�ŽĨ�ƚŚĞ ĐŚĂƌŝƚLJ͘�D ŽŶĞƚĂƌLJ�Ăŵ ŽƵŶƚƐ�in these

dŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ�ŚĂǀĞ�ďĞĞŶ�ƉƌĞƉĂƌĞĚ�ƵŶĚĞƌ�ƚŚĞ�ŚŝƐƚŽƌŝĐĂů�ĐŽƐƚ�ĐŽŶǀĞŶƟŽŶ͘

1.2 Going concern

/Ŷ�ƌĞƐƉŽŶƐĞ�ƚŽ�ƚŚĞ�ĐŽƌŽŶĂǀŝƌƵƐ�ƉĂŶĚĞŵ ŝĐ͕�>ŝďĞƌĂů�:ƵĚĂŝƐŵ �ŵ ŽǀĞĚ�Ăůů�ŽĨ�ŝƚƐ�ĞǀĞŶƚƐ͕�ƐĞƌǀŝĐĞƐ�ĂŶĚ�ĨĞƐƟǀĂů�ĐĞůĞďƌĂƟŽŶƐ�ŽŶůŝŶĞ and ŚĂƐ�ĂůƐŽ�ĐŽŶƟŶƵĞĚ�ƚŽ�ƉƌŽǀŝĚĞ�ĞĚƵĐĂƟŽŶ͕�ƌĞůŝŐŝŽƵƐ�ĂŶĚ�ĐŽŵ ŵ ƵŶŝƚLJ�ƐĞƌǀŝĐĞƐ�ƚŽ�ŝƚƐ�ĐŽŶƐƟƚƵĞŶƚƐ�ĂŶĚ�ƚŽ wider Anglo Jewry. Although there was some loss of income, expenditure was also reduced, allowing a small surplus to be made in the year to 31 December 2020. Based on post-year end analysis, income has been maintained, and the changing work paƩĞƌŶƐ�ŚĂǀĞ�ŶŽƚ ĚƌĂƐƟĐĂůůLJ�ĐŚĂŶŐĞĚ�ƚŚĞ�ƉƌŽĮůĞ�ŽĨ�ƚŚĞ�ĞdžƉĞŶĚŝƚƵƌĞ͘

�ƚ�ƚŚĞ�Ɵŵ Ğ�ŽĨ�ĂƉƉƌŽǀŝŶŐ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ͕�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ŚĂǀĞ�Ă�ƌĞĂƐŽŶĂďůĞ�ĞdžƉĞĐƚĂƟŽŶ�ƚŚĂƚƚŚĞ�ĐŚĂƌŝƚLJ�ŚĂƐ�ĂĚĞƋƵĂƚĞ ƌĞƐŽƵƌĐĞƐ�ƚŽ�ĐŽŶƟŶƵĞ�ŝŶ�ŽƉĞƌĂƟŽŶĂů�ĞdžŝƐƚĞŶĐĞ�ĨŽƌ�ƚŚĞ�ĨŽƌĞƐĞĞĂďůĞ�ĨƵƚƵƌĞ͘�dŚƵƐ͕�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ĐŽŶƟŶue to adopt the going ĐŽŶĐĞƌŶ�ďĂƐŝƐ�ŽĨ�ĂĐĐŽƵŶƟŶŐ�ŝŶ�ƉƌĞƉĂƌŝŶŐ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ͘

1.3 Charitable funds

hŶƌĞƐƚƌŝĐƚĞĚ�ĨƵŶĚƐ�ĂƌĞ�ĂǀĂŝůĂďůĞ�ĨŽƌ�ƵƐĞ�Ăƚ�ƚŚĞ�ĚŝƐĐƌĞƟŽŶ�ŽĨ�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ŝŶ�ĨƵƌƚŚĞƌĂŶĐĞ�ŽĨ�ƚŚĞŝƌĐŚĂƌŝƚĂďůĞ�ŽďũĞĐƟǀĞƐ͘

�ĞƐŝŐŶĂƚĞĚ�ĨƵŶĚƐ�ĐŽŵ ƉƌŝƐĞ�ĨƵŶĚƐ�ǁ ŚŝĐŚ�ŚĂǀĞ�ďĞĞŶ�ƐĞƚ�ĂƐŝĚĞ�Ăƚ�ƚŚĞ�ĚŝƐĐƌĞƟŽŶ�ŽĨ�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ĨŽƌ�ƐƉĞĐŝĮĐ�ƉƵƌƉŽƐĞƐ͘�dŚĞ� purposes and uses of the designated funds are set out in the notes to the financial statements.

ZĞƐƚƌŝĐƚĞĚ�ĨƵŶĚƐ�ĂƌĞ�ĨƵŶĚƐ�ƚŚĂƚ�ĐĂŶ�ŽŶůLJ�ďĞ�ƵƐĞĚ�ĨŽƌ�ƉĂƌƟĐƵůĂƌ�ƌĞƐƚƌŝĐƚĞĚ�ƉƵƌƉŽƐĞƐ�ǁ ŝƚŚŝŶ�ƚŚĞ�ŽďũĞĐƟǀĞƐ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ͘� ZĞƐƚƌŝĐƟŽŶƐ�ĂƌŝƐĞ�ǁ ŚĞŶ�ƐƉĞĐŝĮĞĚ�ďLJ�ƚŚĞ�ĚŽŶŽƌ�Žƌ�ǁ ŚĞŶ�ĨƵŶĚƐ�ĂƌĞ�ƌĂŝƐĞĚ�ĨŽƌ�ƉĂƌƟĐƵůĂƌ�ƌĞƐƚƌŝĐƚĞĚ�ƉƵƌƉŽƐĞƐ͘

1.4 Incoming resources

/ŶĐŽŵ Ğ�ŝƐ�ƌĞĐŽŐŶŝƐĞĚ�ǁ ŚĞŶ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŝƐ�ůĞŐĂůůLJ�ĞŶƟƚůĞĚ�ƚŽ�ŝƚ�ĂŌĞƌ�ĂŶLJ�ƉĞƌĨŽƌŵ ĂŶĐĞ�ĐŽŶĚŝƟŽŶƐ�ŚĂǀĞ�ďĞĞŶ�ŵ Ğƚ͕�ƚŚĞ�Ăŵ ŽƵŶƚƐ can be measured reliably, and it is probable that income will be received.

�ŽŶŐƌĞŐĂƟŽŶĂů�ƐƵďƐĐƌŝƉƟŽŶƐ�ƌĞůĂƚĞ�ƚŽ�ŵ ŽŶŝĞƐ�ƌĞĐĞŝǀĂďůĞ�ĨƌŽŵ �ŵ Ğŵ ďĞƌ�ƐLJŶĂŐŽŐƵĞƐ͘�' ƌŽƵŶĚ�ĨĞĞƐ�ƌĞůĂƚĞ�ƚŽ�ŵ ŽŶŝĞƐ�ƌĞĐĞŝǀĂďůĞ� ĨŽƌ�ŵ Ğŵ ďĞƌƐŚŝƉ�ƚŽ�ƚŚĞ�ďƵƌŝĂů�ƐĐŚĞŵ Ğ͘��ŽŶĂƟŽŶƐ�ĂƌĞ�ƌĞĐĞŝǀĞĚ�ďLJ�ŐŝŌ�ĂŝĚ�ĂŶĚ�ĐŽǀĞŶĂŶƚƐ͘�^ƵĐŚ�ŝŶĐŽŵ Ğ�ŝƐ�ŝŶĐůƵĚĞĚ�ŝŶ�ŝŶĐŽŵ Ğ�ŽŶ� a receivable basis.

Funeral income relates to monies receivable from the charity's performance of funeral services and burials.

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

;�ŽŶƟŶƵĞĚͿ

zŽƵƚŚ�ĂŶĚ�<ĂĚŝŵ ĂŚ�ŝŶĐŽŵ Ğ�ƌĞůĂƚĞƐ�ƚŽ�ŵ ŽŶŝĞƐ�ƌĞĐĞŝǀĂďůĞ�ĨŽƌ�ƚŚĞ�ƐĞƌǀŝĐĞƐ�ĂŶĚ�ĂĐƟǀŝƟĞƐ�ƉƌŽǀŝĚĞĚ͘

Income from grants is included in incoming resources when these are receivable.

�ĂƐŚ�ĚŽŶĂƟŽŶƐ�ĂƌĞ�ƌĞĐŽŐŶŝƐĞĚ�ŽŶ�ƌĞĐĞŝƉƚ͘�KƚŚĞƌ�ĚŽŶĂƟŽŶƐ�ĂƌĞ�ƌĞĐŽŐŶŝƐĞĚ�ŽŶĐĞ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŚĂƐ�ďĞĞŶ ŶŽƟĮĞĚ�ŽĨ�ƚŚĞ�ĚŽŶĂƟŽŶ͕� ƵŶůĞƐƐ�ƉĞƌĨŽƌŵ ĂŶĐĞ�ĐŽŶĚŝƟŽŶƐ�ƌĞƋƵŝƌĞ�ĚĞĨĞƌƌĂů�ŽĨ�ƚŚĞ�Ăŵ ŽƵŶƚ͘�/ŶĐŽŵ Ğ�ƚĂdž�ƌĞĐŽǀĞƌĂďůĞ�ŝŶ�ƌĞůĂƟŽŶ�ƚŽ�ĚŽŶĂƟŽŶƐ�ƌĞĐĞŝǀĞĚ�ƵŶĚĞƌ� ' ŝŌ��ŝĚ�Žƌ�ĚĞĞĚƐ�ŽĨ�ĐŽǀĞŶĂŶƚ�ŝƐ�ƌĞĐŽŐŶŝƐĞĚ�Ăƚ�ƚŚĞ�Ɵŵ Ğ�ŽĨ�ƚŚĞ�ĚŽŶĂƟŽŶ͘

ĞŐĂĐŝĞƐ�ĂƌĞ�ƌĞĐŽŐŶŝƐĞĚ�ŽŶ�ƌĞĐĞŝƉƚ�Žƌ�ŽƚŚĞƌǁ ŝƐĞ�ŝĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŚĂƐ�ďĞĞŶ�ŶŽƟĮĞĚ�ŽĨ�ĂŶ�ŝŵ ƉĞŶĚŝŶŐ�ĚŝƐƚƌŝďƵƟŽŶ͕�ƚŚĞ�Ăŵ ŽƵŶƚ�ŝƐ ŬŶŽǁ Ŷ͕�ĂŶĚ�ƌĞĐĞŝƉƚ�ŝƐ�ĞdžƉĞĐƚĞĚ͘�/Ĩ�ƚŚĞ�Ăŵ ŽƵŶƚ�ŝƐ�ŶŽƚ�ŬŶŽǁ Ŷ͕�ƚŚĞ�ůĞŐĂĐLJ�ŝƐ�ƚƌĞĂƚĞĚ�ĂƐ�Ă�ĐŽŶƟŶŐĞŶƚ�ĂƐƐĞƚ͘

1.5 Resources expended

ZĞƐŽƵƌĐĞƐ�ĞdžƉĞŶĚĞĚ�ĂƌĞ�ĂĐĐŽƵŶƚĞĚ�ĨŽƌ�ŽŶ�ĂŶ�ĂĐĐƌƵĂůƐ�ďĂƐŝƐ�ĂŶĚ�ŝŶĐůƵĚĞ�ĂƩƌŝďƵƚĂďůĞ�s�d͕�ǁ ŚŝĐŚ�ĐĂŶŶŽƚ�ďĞ�ƌĞĐŽǀĞƌĞĚ͘��ŽƐƚƐ� ŚĂǀĞ�ďĞĞŶ�ĚŝƌĞĐƚůLJ�ĂƩƌŝďƵƚĞĚ�ƚŽ�ŽŶĞ�ŽĨ�ƚŚĞ�ĨƵŶĐƟŽŶĂů�ĐĂƚĞŐŽƌŝĞƐ�ŽĨ�ƌĞƐŽƵƌĐĞƐ�ĞdžƉĞŶĚĞĚ�ŝŶ�ƚŚĞ�^K&�͘

Costs of raising funds consist of council of patrons expenditure.

�džƉĞŶĚŝƚƵƌĞ�ƌĞůĂƟŶŐ�ƚŽ�ƚŚĞ�ĐŚĂƌŝƚĂďůĞ�ĂĐƟǀŝƟĞƐ�ĂƌĞ�ƚŚŽƐĞ�ĞůĞŵ ĞŶƚƐ�ŽĨ�ĞdžƉĞŶĚŝƚƵƌĞ�ĚŝƌĞĐƚůLJ�ĂŶĚ�ŝŶĚŝƌĞĐƚůLJ�ŝŶĐƵƌƌĞĚ�ŝŶ� ƉĞƌĨŽƌŵ ŝŶŐ�ƚŚĞƐĞ�ĂĐƟǀŝƟĞƐ͘��ŽƐƚƐ�ƚŚĂƚ�ĂƌĞ�ŶŽƚ�ĚŝƌĞĐƚůLJ�ĂƩƌŝďƵƚĂďůĞ�ƚŽ�Ă�ƐƉĞĐŝĮĐ�ĂĐƟǀŝƚLJ�ŚĂǀĞ�ďĞĞŶ�ĂůůŽĐĂƚĞĚ�ŽŶ�Ă�ƉĞƌĐĞŶƚĂŐĞ� ďĂƐŝƐ͕�ĂĐĐŽƌĚŝŶŐ�ƚŽ�ƚŚĞ�Ɵŵ Ğ�ƚŚĞ�ĐŚĂƌŝƚLJ�ĚĞǀŽƚĞƐ�ƚŽ�ĞĂĐŚ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚĂďůĞ�ĂĐƟǀŝƟĞƐ͘

' ŽǀĞƌŶĂŶĐĞ�ĐŽƐƚƐ�ĐŽŵ ƉƌŝƐĞ�ĐŽƐƚƐ�ĨŽƌ�ƚŚĞ�ƌƵŶŶŝŶŐ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŝƚƐĞůĨ�ĂƐ�ĂŶ�ŽƌŐĂŶŝƐĂƟŽŶ͕�ŝŶĐůƵĚŝŶŐ�ĨƵůĮůůŝŶŐ�ŝƚƐ�ƐƚĂƚƵƚŽƌLJ� ŽďůŝŐĂƟŽŶƐ͘

' ƌĂŶƚƐ�ƉĂLJĂďůĞ�ĂƌĞ�ŝŶĐůƵĚĞĚ�ŝŶ�ƚŚĞ�^K&��ŝŶ�ƚŚĞ�LJĞĂƌ�ǁ ŚĞŶ�ƚŚĞLJ�ĂƌĞ�ƉĂLJĂďůĞ͘�dŚĞƌĞ�ŝƐ�ŶŽ�ůĞŐĂů�Žƌ�ĐŽŶƐƚƌƵĐƟǀĞ�ůŝĂďŝůŝƚLJ�ƚŽ�ƉĂLJ� these grants.

1.6

dĂŶŐŝďůĞ�ĮdžĞĚ�ĂƐƐĞƚƐ�ĂƌĞ�ŝŶŝƟĂůůLJ�ŵ ĞĂƐƵƌĞĚ�Ăƚ�ĐŽƐƚ�ĂŶĚ�ƐƵďƐĞƋƵĞŶƚůLJ�ŵ ĞĂƐƵƌĞĚ�Ăƚ�ĐŽƐƚ͕ ŶĞƚ�ŽĨ�ĚĞƉƌĞĐŝĂƟŽŶ�ĂŶĚ�any impairment losses.

�ĞƉƌĞĐŝĂƟŽŶ�ŝƐ�ƌĞĐŽŐŶŝƐĞĚ�ƐŽ�ĂƐ�ƚŽ�ǁ ƌŝƚĞ�Žī�ƚŚĞ�ĐŽƐƚ�ŽĨ�ĂƐƐĞƚƐ�ůĞƐƐ�ƚŚĞŝƌ�ƌĞƐŝĚƵĂů�ǀĂůƵĞƐ�ŽǀĞƌ�ƚŚĞŝƌ�ƵƐĞĨƵů�ůŝǀĞƐ�ŽŶ�ƚŚĞ�following bases:

Freehold land Not depreciated; this includes cemetery land
Leasehold Period of lease
Computer equipment 20% on a reducing balance
&ŝdžƚƵƌĞƐ͕Įƫ ŶŐƐΘ ĞƋƵŝƉŵ ĞŶƚ ϭϬй ŽŶĂƌĞĚƵĐŝŶŐďĂůĂŶĐĞ
Scrolls Not depreciated as high residual value

ying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7

�ƚ�ĞĂĐŚ�ƌĞƉŽƌƟŶŐ�ĞŶĚ�ĚĂƚĞ͕�ƚŚĞ�ĐŚĂƌŝƚLJ�ƌĞǀŝĞǁ Ɛ�ƚŚĞ�ĐĂƌƌLJŝŶŐ�Ăŵ ŽƵŶƚƐ�ŽĨ�ŝƚƐ�ƚĂŶŐŝďůĞ�ĂƐƐĞƚƐ�ƚŽ�ĚĞƚĞƌŵ ŝŶĞ�ǁ ŚĞƚŚĞƌ�ƚŚĞƌĞ�ŝƐ�Ăny ŝŶĚŝĐĂƟŽŶ�ƚŚĂƚ�ƚŚŽƐĞ�ĂƐƐĞƚƐ�ŚĂǀĞ�ƐƵīĞƌĞĚ�ĂŶ�ŝŵ ƉĂŝƌŵ ĞŶƚ�ůŽƐƐ͘�/Ĩ�ĂŶLJ�ƐƵĐŚ�ŝŶĚŝĐĂƟŽŶ�ĞdžŝƐƚƐ͕�ƚŚĞ�ƌĞcoverable amount of the ĂƐƐĞƚ�ŝƐ�ĞƐƟŵ ĂƚĞĚ�ŝŶ�ŽƌĚĞƌ�ƚŽ�ĚĞƚĞƌŵ ŝŶĞ�ƚŚĞ�ĞdžƚĞŶƚ�ŽĨ�ƚŚĞ�ŝŵ ƉĂŝƌŵ ĞŶƚ�ůŽƐƐ�;ŝĨ�ĂŶLJͿ͘

1.8 Stocks

^ƚŽĐŬƐ ĂƌĞ�ƐƚĂƚĞĚ�Ăƚ�ƚŚĞ�ůŽǁ Ğƌ�ŽĨ�ĐŽƐƚ�ĂŶĚ�ĞƐƟŵ ĂƚĞĚ�ƐĞůůŝŶŐ�ƉƌŝĐĞ�ůĞƐƐ�ĐŽƐƚƐ�ƚŽ�ĐŽŵ ƉůĞƚĞ�ĂŶĚ�ƐĞůů͘��ŽƐƚ�ĐŽŵ ƉƌŝƐĞƐ�ĚŝƌĞĐƚ�ĐŽƐƚƐ ƚŚĂƚ�ŚĂǀĞ�ďĞĞŶ�ŝŶĐƵƌƌĞĚ�ŝŶ�ďƌŝŶŐŝŶŐ�ƚŚĞ�ƐƚŽĐŬƐ�ƚŽ�ƚŚĞŝƌ�ƉƌĞƐĞŶƚ�ůŽĐĂƟŽŶ�ĂŶĚ�ĐŽŶĚŝƟŽŶ͘/ƚĞŵ Ɛ�ŚĞůĚ�ĨŽƌ�ĚŝƐƚƌŝďƵƟŽŶ�Ăƚ�ŶŽ or ŶŽŵ ŝŶĂů�ĐŽŶƐŝĚĞƌĂƟŽŶ�ĂƌĞ�ŵ ĞĂƐƵƌĞĚ�ƚŚĞ�ůŽǁ Ğƌ�ŽĨ�ƌĞƉůĂĐĞŵ ĞŶƚ�ĐŽƐƚ�ĂŶĚ�ĐŽƐƚ͘

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

ϭ �ĐĐŽƵŶƟŶŐ�ƉŽůŝĐŝĞƐ

;�ŽŶƟŶƵĞĚͿ

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, and deposits held at call with banks.

1.10 Government grants

' ŽǀĞƌŶŵ ĞŶƚ�ŐƌĂŶƚƐ͕�ǁ ŚŝĐŚ�ŝŶĐůƵĚĞ�Ăŵ ŽƵŶƚƐ�ƌĞĐĞŝǀĞĚ�ƵŶĚĞƌ�ƚŚĞ��ŽƌŽŶĂǀŝƌƵƐ�:Žď�ZĞƚĞŶƟŽŶ�^ĐŚĞŵ Ğ͕�ĂƌĞ�recognised at the fair ǀĂůƵĞ�ŽĨ�ƚŚĞ�ŐƌĂŶƚ�ƌĞĐĞŝǀĞĚ�Žƌ�ƌĞĐĞŝǀĂďůĞ�ǁ ŚĞŶ�ƚŚĞƌĞ�ŝƐ�ƌĞĂƐŽŶĂďůĞ�ĂƐƐƵƌĂŶĐĞ�ƚŚĂƚ�ƚŚĞ�ŐƌĂŶƚ�ĐŽŶĚŝƟŽns will be met and the ŐƌĂŶƚƐ�ǁ ŝůů�ďĞ�ƌĞĐĞŝǀĞĚ͘�dŚĞ�ŝŶĐŽŵ Ğ�ŝƐ�ƌĞĐŽŐŶŝƐĞĚ�ŝŶ�ŽƚŚĞƌ�ŝŶĐŽŵ Ğ�ŽŶ�Ă�ƐLJƐƚĞŵ ĂƟĐ�ďĂƐŝƐ�ŽǀĞƌ�ƚŚĞ�ƉĞƌiods in which the associated costs are incurred, using the accrual model.

1.11 Financial instruments

dŚĞ�ĐŚĂƌŝƚLJ�ŚĂƐ�ĞůĞĐƚĞĚ�ƚŽ�ĂƉƉůLJ�ƚŚĞ�ƉƌŽǀŝƐŝŽŶƐ�ŽĨ�^ĞĐƟŽŶ�ϭϭ�͚�ĂƐŝĐ�&ŝŶĂŶĐŝĂů�/ŶƐƚƌƵŵ ĞŶƚƐ͛�ĂŶĚ�^ĞĐƟŽŶ�ϭϮ�͚KƚŚĞƌ�&ŝŶĂŶĐŝĂů

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

&ŝŶĂŶĐŝĂů�ĂƐƐĞƚƐ�ĂŶĚ�ůŝĂďŝůŝƟĞƐ�ĂƌĞ�ŽīƐĞƚ͕�ǁ ŝƚŚ�ƚŚĞ�ŶĞƚ�Ăŵ ŽƵŶƚƐ�ƉƌĞƐĞŶƚĞĚ�ŝŶ�ƚŚĞ�ĮŶĂŶĐŝĂů�ƐƚĂƚĞŵ ĞŶƚƐ͕�ǁ ŚĞŶ�ƚŚĞƌĞ�ŝƐ�Ă�ůĞgally ĞŶĨŽƌĐĞĂďůĞ�ƌŝŐŚƚ�ƚŽ�ƐĞƚ�Žī�ƚŚĞ�ƌĞĐŽŐŶŝƐĞĚ�Ăŵ ŽƵŶƚƐ�ĂŶĚ�ƚŚĞƌĞ�ŝƐ�ĂŶ�ŝŶƚĞŶƟŽŶ�ƚŽ�ƐĞƩůĞ�ŽŶ�Ă�ŶĞƚ�ďĂƐŝƐ�Žƌ�ƚŽ�ƌĞĂůŝƐĞ�ƚŚĞ�ĂƐƐĞt and ƐĞƩůĞ�ƚŚĞ�ůŝĂďŝůŝƚLJ�Ɛŝŵ ƵůƚĂŶĞŽƵƐůLJ͘

�ĂƐŝĐ�ĮŶĂŶĐŝĂů�ĂƐƐĞƚƐ͕�ǁ ŚŝĐŚ�ŝŶĐůƵĚĞ�ĚĞďƚŽƌƐ�ĂŶĚ�ĐĂƐŚ�ĂŶĚ�ďĂŶŬ�ďĂůĂŶĐĞƐ͕�ĂƌĞ�ŝŶŝƟĂůůLJ�ŵ ĞĂƐƵƌĞĚ�Ăƚ�ƚƌĂŶƐĂĐƟŽŶ�ƉƌŝĐĞ�ŝŶĐůƵding ƚƌĂŶƐĂĐƟŽŶ�ĐŽƐƚƐ�ĂŶĚ�ĂƌĞ�ƐƵďƐĞƋƵĞŶƚůLJ�ĐĂƌƌŝĞĚ�Ăƚ�Ăŵ ŽƌƟƐĞĚ�ĐŽƐƚ�ƵƐŝŶŐ�ƚŚĞ�ĞīĞĐƟǀĞ�ŝŶƚĞƌĞƐƚ�ŵ ĞƚŚŽĚ unless the arrangement ĐŽŶƐƟƚƵƚĞƐ�Ă�ĮŶĂŶĐŝŶŐ�ƚƌĂŶƐĂĐƟŽŶ͕�ǁ ŚĞƌĞ�ƚŚĞ�ƚƌĂŶƐĂĐƟŽŶ�ŝƐ�ŵ ĞĂƐƵƌĞĚ�Ăƚ�ƚŚĞ�ƉƌĞƐĞŶƚ�ǀĂůƵĞ�ŽĨ�ƚŚĞ�ĨƵƚƵƌĞ�ƌĞĐĞŝƉƚƐ�ĚŝƐĐŽƵŶƚĞĚ Ăƚ�Ă�ŵ ĂƌŬĞƚ�ƌĂƚĞ�ŽĨ�ŝŶƚĞƌĞƐƚ͘�&ŝŶĂŶĐŝĂů�ĂƐƐĞƚƐ�ĐůĂƐƐŝĮĞĚ�ĂƐ�ƌĞĐĞŝǀĂďůĞ�ǁ ŝƚŚŝŶ�ŽŶĞ�LJĞĂƌ�ĂƌĞ�ŶŽƚ�Ăŵ ŽƌƟƐĞĚ͘

�ĂƐŝĐ�ĮŶĂŶĐŝĂů�ůŝĂďŝůŝƟĞƐ

�ĂƐŝĐ�ĮŶĂŶĐŝĂů�ůŝĂďŝůŝƟĞƐ͕�ŝŶĐůƵĚŝŶŐ�ĐƌĞĚŝƚŽƌƐ ĂŶĚ ůŽĂŶƐ�ĂƌĞ�ŝŶŝƟĂůůLJ�ƌĞĐŽŐŶŝƐĞĚ�Ăƚ�ƚƌĂŶƐĂĐƟŽŶ�ƉƌŝĐĞ�ƵŶůĞƐƐ�ƚŚĞ arrangement ĐŽŶƐƟƚƵƚĞƐ�Ă�ĮŶĂŶĐŝŶŐ�ƚƌĂŶƐĂĐƟŽŶ͕�ǁ ŚĞƌĞ�ƚŚĞ�ĚĞďƚ�ŝŶƐƚƌƵŵ ĞŶƚ�ŝƐ�ŵ ĞĂƐƵƌĞĚ�Ăƚ�ƚŚĞ�ƉƌĞƐĞŶƚ�ǀĂůƵĞ�ŽĨ�ƚhe future receipts ĚŝƐĐŽƵŶƚĞĚ�Ăƚ�Ă�ŵ ĂƌŬĞƚ�ƌĂƚĞ�ŽĨ�ŝŶƚĞƌĞƐƚ͘�&ŝŶĂŶĐŝĂů�ůŝĂďŝůŝƟĞƐ�ĐůĂƐƐŝĮĞĚ�ĂƐ�ƉĂLJĂďůĞ�ǁ ŝƚŚŝŶ�ŽŶĞ�LJĞĂƌĂƌĞ�ŶŽƚ�Ăŵ ŽƌƟƐĞĚ͘

�Ğďƚ�ŝŶƐƚƌƵŵ ĞŶƚƐ�ĂƌĞ�ƐƵďƐĞƋƵĞŶƚůLJ�ĐĂƌƌŝĞĚ�Ăƚ�Ăŵ ŽƌƟƐĞĚ�ĐŽƐƚ͕�ƵƐŝŶŐ�ƚŚĞ�ĞīĞĐƟǀĞ�ŝŶƚĞƌĞƐƚ�ƌĂƚĞ�ŵ ĞƚŚŽĚ͘

1.12

dŚĞ�ĐŽƐƚ�ŽĨ�ĂŶLJ�ƵŶƵƐĞĚ�ŚŽůŝĚĂLJ�ĞŶƟƚůĞŵ ĞŶƚ�ŝƐ�ƌĞĐŽŐŶŝƐĞĚ�ŝŶ�ƚŚĞ�ƉĞƌŝŽĚ�ŝŶ�ǁ ŚŝĐŚ�ƚŚĞ�Ğŵ ƉůŽLJĞĞ͛Ɛ�ƐĞƌǀŝĐĞƐ�ĂƌĞ�ƌĞĐĞŝǀĞĚ͘

dĞƌŵ ŝŶĂƟŽŶ�ďĞŶĞĮƚƐ�ĂƌĞ�ƌĞĐŽŐŶŝƐĞĚ�ŝŵ ŵ ĞĚŝĂƚĞůLJ�ĂƐ�ĂŶ�ĞdžƉĞŶƐĞ�ǁ ŚĞŶ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŝƐ�ĚĞŵ ŽŶƐƚƌĂďůLJ�ĐŽŵ ŵ ŝƩĞĚ�ƚŽ�ƚĞƌŵ ŝŶĂƚĞ�ƚŚĞ Ğŵ ƉůŽLJŵ ĞŶƚ�ŽĨ�ĂŶ�Ğŵ ƉůŽLJĞĞ�Žƌ�ƚŽ�ƉƌŽǀŝĚĞ�ƚĞƌŵ ŝŶĂƟŽŶ�ďĞŶĞĮƚƐ͘

1.13 Pensions

The charity contributes towards employees personal pension schemes.

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

Ϯ �ƌŝƟĐĂů�ĂĐĐŽƵŶƟŶŐ�ĞƐƟŵ ĂƚĞƐ�ĂŶĚ�ũƵĚŐĞŵ ĞŶƚƐ

/Ŷ�ƚŚĞ�ĂƉƉůŝĐĂƟŽŶ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ͛Ɛ�ĂĐĐŽƵŶƟŶŐ�ƉŽůŝĐŝĞƐ͕�ƚŚĞ�ƚƌƵƐƚĞĞƐ�ĂƌĞ�ƌĞƋƵŝƌĞĚ�ƚŽ�ŵ ĂŬĞ�ũƵĚŐĞŵ ĞŶƚƐ͕�ĞƐƟŵ ĂƚĞƐ�ĂŶĚ ĂƐƐƵŵ ƉƟŽŶƐ�ĂďŽƵƚ�ƚŚĞ�ĐĂƌƌLJŝŶŐ�Ăŵ ŽƵŶƚ�ŽĨ�ĂƐƐĞƚƐ�ĂŶĚ�ůŝĂďŝůŝƟĞƐ�ƚŚĂƚ�ĂƌĞ�ŶŽƚ�ƌĞĂĚŝůLJ�ĂƉƉĂƌĞŶƚ�ĨƌŽŵ �Žther sources. The ĞƐƟŵ ĂƚĞƐ�ĂŶĚ�ĂƐƐŽĐŝĂƚĞĚ�ĂƐƐƵŵ ƉƟŽŶƐ�ĂƌĞ�ďĂƐĞĚ�ŽŶ�ŚŝƐƚŽƌŝĐĂů�ĞdžƉĞƌŝĞŶĐĞ�ĂŶĚ�ŽƚŚĞƌ�ĨĂĐƚŽƌƐ�ƚŚĂƚ�ĂƌĞ�ĐŽŶƐŝĚĞƌĞĚ�ƚŽ�ďĞ�ƌĞůĞǀĂŶƚ͘ �ĐƚƵĂů�ƌĞƐƵůƚƐ�ŵ ĂLJ�ĚŝīĞƌ�ĨƌŽŵ �ƚŚĞƐĞ�ĞƐƟŵ ĂƚĞƐ͘

dŚĞ�ĞƐƟŵ ĂƚĞƐ�ĂŶĚ�ƵŶĚĞƌůLJŝŶŐ�ĂƐƐƵŵ ƉƟŽŶƐ�ĂƌĞ�ƌĞǀŝĞǁ ĞĚ�ŽŶ�ĂŶ�ŽŶŐŽŝŶŐ�ďĂƐŝƐ͘�ZĞǀŝƐŝŽŶƐ�ƚŽ�ĂĐĐŽƵŶƟŶŐ ĞƐƟŵ ĂƚĞƐ�ĂƌĞ�ƌĞĐŽŐŶŝƐĞĚ ŝŶ�ƚŚĞ�ƉĞƌŝŽĚ�ŝŶ�ǁ ŚŝĐŚ�ƚŚĞ�ĞƐƟŵ ĂƚĞ�ŝƐ�ƌĞǀŝƐĞĚ�ǁ ŚĞƌĞ�ƚŚĞ�ƌĞǀŝƐŝŽŶ�ĂīĞĐƚƐ�ŽŶůLJ�ƚŚĂƚ�ƉĞƌŝŽĚ͕�Žƌ�ŝŶ�ƚŚĞ�ƉĞƌŝŽĚ�ŽĨ�ƚŚĞ�ƌĞǀŝƐŝŽŶ�and future periods where the revision affects both current and future periods.

dŚĞƌĞ�ǁ ĞƌĞ�ŶŽ�ĐƌŝƟĐĂů�ĂĐĐŽƵŶƟŶŐ�ĞƐƟŵ ĂƚĞƐ�Žƌ�ũƵĚŐĞŵ ĞŶƚƐ�ĚƵƌŝŶŐ�ƚŚĞ�LJĞĂƌ͘

ϯ �ŽŶĂƟŽŶƐ�ĂŶĚ�ůĞŐĂĐŝĞƐ

Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
�ŽŶĂƟŽŶƐĂŶĚŐŝŌƐ ϱϭ͕ϴϳϵ ϴϰ͕ϲϱϴ
�ŽŶĂƟŽŶƐĂŶĚŐŝŌƐ
�ŽŶĂƟŽŶƐͲ' ĞŶĞƌĂů ϱ͕ϭϵϰ ϭϬ͕Ϯϭϭ
Council of Patrons 46,685 61,950
Friends - 4,009
Other - 8,488
51,879 84,658

(t

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

;�ŽŶƟŶƵĞĚͿ

For the year ended 31 December 2019

Cemetery
scheme income
Youth and
Kadimah income
�ŽŶŐƌĞŐĂƟŽŶĂů
ƐƵďƐĐƌŝƉƟŽŶƐ
Outreach and
Rabbinic services
Other incoming
resources
£
£
£
£
£
Income derived from charitable
ĂĐƟǀŝƟĞƐ
ϰϱϯ͕ϯϮϰ
Ϯϵϯ͕ϲϰϮ
ϱϬϭ͕ϳϲϴ
Ϯϲϭ͕ϳϭϲ
ϵϮ͕ϱϱϴ
Analysis by fund
Unrestricted funds - general
453,324
241,585
501,768
229,081
92,558
Restricted funds
-
52,057
-
32,635
-
453,324
293,642
501,768
261,716
92,558		 Total
2019
£
ϭ͕ϲϬϯ͕ϬϬϴ
1,518,316
84,692
1,603,008

5 Investments

Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
Interest receivable 44 92
ϲ KƚŚĞƌĂĐƟǀŝƟĞƐ
Unrestricted Total
funds
general
2020 2019
£ £
CJRS Income 28,872 -

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

7 Raising funds

Unrestricted Unrestricted
funds funds
general general
2020 2019
£ £
Council of Patrons
Other fundraising costs 7,026 14,237
7,026 14,237

ϴ �ŚĂƌŝƚĂďůĞ�ĂĐƟǀŝƟĞƐ

zŽƵƚŚĂĐƟǀŝƟĞƐ KƵƚƌĞĂĐŚĂŶĚ
community
work
Lifecycle and
cemetery
services
Rabbinic
development
2020
2020
2020
2020
£
£
£
£
Staf costs
139,066
194,083
99,640
49,820
�ĞƉƌĞĐŝĂƟŽŶĂŶĚŝŵ ƉĂŝƌŵ ĞŶƚ
ϰ͕ϮϱϬ
ϱ͕ϲϲϲ
Ϯ͕ϴϯϯ
ϭ͕ϰϭϲ
Children's Aid
10,627
(274)
116
58
Local projects
-
14,303
-
-
Youth expenditure
52,135
-
-
-
Funeral costs
-
-
137,127
-
Cemetery running costs
-
-
152,428
-
Other costs
-
20,713
-
13,808
206,078
234,491
392,144
65,102
' ƌĂŶƚĨƵŶĚŝŶŐŽĨĂĐƟǀŝƟĞƐ;ƐĞĞ
note 9)
-
8,130
-
175,953
Share of support costs (see
note 10)
69,954
93,274
46,637
23,319
Share of governance costs (see
note 10)
6,724
8,965
4,482
2,241
282,756
344,860
443,263
266,615
Analysis by fund
Unrestricted funds - general
224,849
344,860
443,263
253,515
Restricted funds
57,907
-
-
13,100
282,756
344,860
443,263
266,615		 Total
2020
£
482,609
ϭϰ͕ϭϲϱ
10,527
14,303
52,135
137,127
152,428
34,521
897,815
184,083
233,184
22,412
1,337,494
1,266,487
71,007
1,337,494		 Total
2019
£
562,861
ϭϱ͕ϯϳϵ
-
15,809
267,179
109,348
149,408
66,545
1,186,529
232,415
281,396
15,288
1,715,628
1,630,936
84,692
1,715,628

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

ϴ �ŚĂƌŝƚĂďůĞ�ĂĐƟǀŝƟĞƐ

;�ŽŶƟŶƵĞĚͿ

For the year ended 31 December 2019

zŽƵƚŚĂĐƟǀŝƟĞƐ KƵƚƌĞĂĐŚĂŶĚ
community
work
Lifecycle and
cemetery
services
Rabbinic
development
£
£
£
£
Staf costs
156,676
228,393
114,197
63,595
�ĞƉƌĞĐŝĂƟŽŶĂŶĚŝŵ ƉĂŝƌŵ ĞŶƚ
ϰ͕ϲϭϰ
ϲ͕ϭϱϭ
ϯ͕Ϭϳϲ
ϭ͕ϱϯϴ
Local projects
-
15,809
-
-
Youth expenditure
267,179
-
-
-
Funeral costs
-
-
109,348
-
Cemetery running costs
-
-
149,408
-
Other costs
-
44,510
-
22,035
428,469
294,863
376,029
87,168
' ƌĂŶƚĨƵŶĚŝŶŐŽĨĂĐƟǀŝƟĞƐ;ƐĞĞŶŽƚĞϵͿ
Ͳ
ϯϮ͕ϮϬϳ
Ͳ
ϮϬϬ͕ϮϬϴ
Share of support costs (see note 10)
84,419
112,558
56,280
28,139
Share of governance costs (see note 10)
4,586
6,115
3,058
1,529
517,474
445,743
435,367
317,044
Unrestricted funds - general
465,417
445,743
435,367
284,409
Restricted funds
52,057
-
-
32,635
517,474
445,743
435,367
317,044		 Total
2019
£
562,861
ϭϱ͕ϯϳϵ
15,809
267,179
109,348
149,408
66,545
1,186,529
ϮϯϮ͕ϰϭϱ
281,396
15,288
1,715,628
1,630,936
84,692
1,715,628

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

9 Grants payable

Outreach and
community
work
Rabbinic
development
2020
2020
£
£
' ƌĂŶƚƐƚŽŝŶƐƟƚƵƟŽŶƐ͗
Leo Baeck College
-
116,500
�ŝƟnjĞŶƐh<
Ͳ
Ͳ
Other
930
620
European Union of Progressive
Jews
7,200
4,800
-
-
8,130
121,920
Grants to individuals
-
54,033
8,130
175,953		 Total
2020
Outreach and
community
work
Rabbinic
development
2019
2019
£
£
£
116,500
-
116,500
Ͳ
Ϯϭ͕ϳϯϳ
ϭϰ͕ϰϵϭ
1,550
-
-
12,000
7,200
4,800
-
3,270
2,181
130,050
32,207
137,972
54,033
-
62,236
184,083
32,207
200,208		 Total
2019
£
116,500
ϯϲ͕ϮϮϴ
-
12,000
5,451
170,179
62,236
232,415

Grants made to individuals consist of bursaries payable to Leo Baeck College Students.

10 Support costs

Support costs
Governance
costs
£
£
Staf costs
118,955
-
Ofce and general costs
73,052
-
Travel and subsistence
2,472
-
Other costs
38,705
-
Audit fees
-
19,320
Legal and professional
-
3,092
Accountancy services
-
-
233,184
22,412
Analysed between
�ŚĂƌŝƚĂďůĞĂĐƟǀŝƟĞƐ
Ϯϯϯ͕ϭϴϰ
ϮϮ͕ϰϭϮ		 2020
Support costs
Governance
costs
£
£
£
118,955
146,185
-
73,052
89,062
-
2,472
6,449
-
38,705
39,700
-
19,320
-
13,260
3,092
-
828
-
-
1,200
255,596
281,396
15,288
Ϯϱϱ͕ϱϵϲ
Ϯϴϭ͕ϯϵϲ
ϭϱ͕Ϯϴϴ		 2019
£
146,185
89,062
6,449
39,700
13,260
828
1,200
296,684
Ϯϵϲ͕ϲϴϰ

11 Trustees

�ƵƌŝŶŐ�ƚŚĞ�LJĞĂƌ͕�ŽŶĞ ƚƌƵƐƚĞĞ�ŝŶĐƵƌƌĞĚ�ƌĞŝŵ ďƵƌƐĞĚ�ĞdžƉĞŶƐĞƐ�ĨŽƌ�ƚƌĂǀĞů͕�ĂĐĐƵŵ ƵůĂƟŶŐ�ƚŽ�άϰϵ�;ϮϬϭϵ ͲƚŚƌĞĞ ǁ ĂƐ�ƌĞŝŵ ďƵƌƐĞĚ�άϯϴϭ for travel costs).

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

12 Employees

Number of employees

The average monthly number of employees during the year was:

Managerial
Professional
Support
Youth
Employment costs
Wages and salaries
Social security costs
Pension costs
�džŐƌĂƟĂƉĂLJŵ ĞŶƚ
dŚĞŶƵŵ ďĞƌŽĨĞŵ ƉůŽLJĞĞƐǁ ŚŽƐĞĂŶŶƵĂůƌĞŵ ƵŶĞƌĂƟŽŶǁ ĂƐάϲϬ͕ϬϬϬŽƌŵ ŽƌĞǁ ĞƌĞ͗
£80,000 - £90,000		 2020
Number
4
4
4
3
15
2020
£
502,386
49,417
33,789
ϭϱ͕ϵϳϮ
601,564
2020
Number
-		 2019
Number
5
4
4
4
17
2019
£
635,598
36,320
37,128
Ͳ
709,046
2019
Number
1

<ĞLJ�ŵ ĂŶĂŐĞŵ ĞŶƚ�ƉĞƌƐŽŶŶĞů�ĐŽŶƐŝƐƚƐ�ŽĨ�ƚŚĞ��ŚŝĞĨ��džĞĐƵƟǀĞ�ĂŶĚ�^ĞŶŝŽƌ�ZĂďďŝ͕��ŝƌĞĐƚŽƌ�ŽĨ�^ƚƌĂƚĞŐLJ�ĂŶd Partnerships and KƉĞƌĂƟŽŶƐ��ŝƌĞĐƚŽƌ͘�dŚĞŝƌ�ƚŽƚĂů�ƌĞŵ ƵŶĞƌĂƟŽŶ�ǁ ĂƐ�άϭϱϲ͕Ϭϭϯ�;ϮϬϭϵ͗�άϮϮϭ͕ϱϰϲͿ͘�dŚŝƐ�ĮŐƵƌĞ�ŝŶĐůƵĚĞƐ�ĂĐĐƌƵĞĚ�ƐĂďďĂƟĐĂů͕�ŚŽůiday ĂŶĚ�ƉĞŶƐŝŽŶ�ĞŶƟƚůĞŵ ĞŶƚ͘

dŚĞ�ĞdžͲŐƌĂƟĂ�ƉĂLJŵ ĞŶƚ�ǁ ĂƐ�ŵ ĂĚĞ�ƚŽ�Ă�ĨŽƌŵ Ğƌ�ĐŚŝĞĨ�ĞdžĞĐƵƟǀĞ͘

�ƵƌŝŶŐ�ƚŚĞ�LJĞĂƌ�άϮϴ͕ϴϳϮ�ǁ ĂƐ�ĐůĂŝŵ ĞĚ�ŝŶ�ƌĞƐƉĞĐƚ�ŽĨ�ƚŚĞ��ŽƌŽŶĂǀŝƌƵƐ�:Žď�ZĞƚĞŶƟŽŶ�^ĐŚĞŵ Ğ͘�dŚŝƐ�ŝƐ�ƐŚowing under the heading KƚŚĞƌ��ĐƟǀŝƟĞƐ�;ƐĞĞ�ŶŽƚĞ�ϲͿ͘

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

14
Stocks
Finished goods and goods for resale
15
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Borrowings
KƚŚĞƌƚĂdžĂƟŽŶĂŶĚƐŽĐŝĂůƐĞĐƵƌŝƚLJ
Trade creditors
Other creditors
Accruals and deferred income		 2020
£
17,634
2020
£
24,082
1
27,022
51,105
2020
£
2,500
ϯϬ͕ϱϮϵ
89,809
26,130
36,307
185,275		 2019
£
23,288
2019
£
91,824
1,100
110,602
203,526
2019
£
10,000
Ϯϳ͕ϲϮϭ
219,411
21,897
104,840
383,769

�ĞĨĞƌƌĞĚ�ŝŶĐŽŵ Ğ�ŽĨ�άϮϰ͕ϮϴϮ�ƌĞůĂƚĞƐ�ƚŽ�zŽƵƚŚ��ĐƟǀŝƟĞƐ�ŝŶĐŽŵ Ğ�ƌĞůĂƟŶŐ�ƚŽ�ƚŚĞ�ŶĞdžƚ�ĮŶĂŶĐŝĂů�LJĞĂƌ�ďĞŝŶŐ�ŝŶǀŽŝĐĞĚ�ŝŶ�ĂĚǀĂŶĐĞ͘�

Deferred income brought forward from 2019 was £54,520, all of which was released in 2020.

Borrowings relate to loans for the purchase of Edgwarebury Cemetery Land.

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

17 Restricted funds

dŚĞ�ŝŶĐŽŵ Ğ�ĨƵŶĚƐ�ŽĨ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŝŶĐůƵĚĞ�ƌĞƐƚƌŝĐƚĞĚ�ĨƵŶĚƐ�ĐŽŵ ƉƌŝƐŝŶŐ�ƚŚĞ�ĨŽůůŽǁ ŝŶŐ�ƵŶĞdžƉĞŶĚĞĚ�ďĂůĂŶĐĞƐ�ŽĨ�ĚŽŶĂƟŽŶƐ�ĂŶĚ� grants held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds
Balance at Transfers Balance at Incoming Outgoing Balance at
1 January 2019 1 January 2020 resources resources 31 December
2020
£ £ £ £ £ £
Crawley land fund 29,213 (29,213) - - - -
Church urban fund 3,400 - 3,400 - - 3,400
UJIA - - - 56,557 (56,557) -
NLPS Trust - - - 14,450 (14,450) -
Jewish Child's Day - - - 2,500 - 2,500
32,613 (29,213) 3,400 73,507 (71,007) 5,900

The Crawley land fund refers to monies received on the sale of land which was transferred to the charity by the trustees of the Crawley Liberal Jewish Community. The criteria for expenditure of the Crawley Land Fund was that it should be spent on ĚĞǀĞůŽƉŵ ĞŶƚ�ĂĐƟǀŝƟĞƐ�Ăƚ�>ŝďĞƌĂů�:ƵĚĂŝƐŵ ͕�ǁ ŝƚŚ�Ă�ĨŽĐƵƐ�ŽŶ�ĞĚƵĐĂƟŽŶ ĂŶĚ�ůĞĂƌŶŝŶŐ͘ �ƵƌŝŶŐ�ϮϬϭϵ�ƚŚĞ�ƌĞŵ ĂŝŶĚĞƌ�ŽĨ�ƚŚŝƐ�ĨƵŶĚ�ǁ Ăs ĚƌĂǁ Ŷ�ĚŽǁ Ŷ�ƚŽ�ĐŽǀĞƌ�ĞdžƉĞŶƐĞƐ�ƌĞůĂƟŶŐ�ƚŽ�ĞĚƵĐĂƟŽŶĂůĂĐƟǀŝƟĞƐ͕ ŝŶĐůƵĚŝŶŐ�ůĞĂƌŶŝŶŐ�ƐĞƐƐŝŽŶƐ͕�ƌĞƐŽƵƌĐĞƐ�ĂŶĚ�ƐƚĂĸ ŶŐ͘

dŚĞ��ŚƵƌĐŚ�hƌďĂŶ�& ƵŶĚ�ŐƌĂŶƚ�ŵ ŽŶĞLJ�ŝƐ�ďĞŝŶŐ�ŚĞůĚ�ŽŶ�ďĞŚĂůĨ�ŽĨ�Ă�Ɛŵ Ăůů�ůŽĐĂů�ƉƌŽũĞĐƚ͕��ĞůĞďƌĂƟŶŐ��Ămden Women and will be released on request when their project is complete.

The North London Trust for Progressive Judaism provided a grant to support the LJY-Netzer bursary fund during 2020, as well as awarding grants to cover the costs of an educator for our Kayitz tour, some of the costs of our annual teacher training ĐŽŶĨĞƌĞŶĐĞ�ĂŶĚ�ďƵƌƐĂƌŝĞƐ�ĨŽƌ�ƐƚƵĚĞŶƚ�ƌĂďďŝƐ�ǁ ŚŽ�ǁ ŝůů�ǁ ŽƌŬ�ŝŶ�>ŝďĞƌĂů�:Ğǁ ŝƐŚ�ĐŽŵ ŵ ƵŶŝƟĞƐ͘

UJIA awarded a grant to support the work of our youth movement, LJY-Netzer; whilst this grant must be spent on youth ĂĐƟǀŝƟĞƐ͕�ŶŽ�ĨƵƌƚŚĞƌ�ƌĞƋƵŝƌĞŵ ĞŶƚƐ�ĂƌĞ�ƉƵƚ�ŝŶ�ƉůĂĐĞ͘�

LJY-Netzer also received grants from the Jewish Youth Fund, to support leadership development and ƉƌĞƉĂƌĂƟŽŶ�ĨŽƌ�ƐƵŵ ŵ Ğƌ events and from Jewish Child’s Day to support the provision of bursaries.

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020

18 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Balance at
1 January 2019
£
Cemetery land
513,626
513,626		 Transfers
Balance at
1 January 2020
£
£
9,700
523,326
9,700
523,326		 Transfers
Balance at
31 December 2020
£
£
1,700
525,026
1,700
525,026		 Transfers
Balance at
31 December 2020
£
£
1,700
525,026
1,700
525,026
525,026

Designated funds relate to cemetery land designated by the trustees for funerals and maintenance of cemeteries. The fund balance at the year end represents the net book value of the cemetery land less the balance outstanding on the loan for the purchase of the land at Edgwarebury.

11 I

LIBERAL JUDAISM (ULPS)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2020

ϮϬ K ƉĞƌĂƟŶŐ�ůĞĂƐĞ�ĐŽŵ ŵ ŝƚŵ ĞŶƚƐ

�ƚ�ƚŚĞ�ƌĞƉŽƌƟŶŐ�ĞŶĚ�ĚĂƚĞ�ƚŚĞ�ĐŚĂƌŝƚLJ�ŚĂĚ�ŽƵƚƐƚĂŶĚŝŶŐ�ĐŽŵ ŵ ŝƚŵ ĞŶƚƐ�ĨŽƌ�ĨƵƚƵƌĞ�ŵ ŝŶŝŵ Ƶŵ �ůĞĂƐĞ�ƉĂLJŵ ĞŶƚƐ�ƵŶĚĞƌ�ŶŽŶͲ ĐĂŶĐĞůůĂďůĞ�ŽƉĞƌĂƟŶŐ�ůĞĂƐĞƐ͕�ǁ ŚŝĐŚ�ĨĂůů�ĚƵĞ�ĂƐ�ĨŽůůŽǁ Ɛ͗

Within one year
Between two and fve years
In over fve years		 2020
£
2,208
6,000
457,500
465,708		 2019
£
5,539
5,208
460,500
471,247

Ϯϭ ZĞůĂƚĞĚ�ƉĂƌƚLJ�ƚƌĂŶƐĂĐƟŽŶƐ

KƚŚĞƌ�ƚŚĂŶ�ĂƐ�ĚŝƐĐůŽƐĞĚ�ŝŶ�ŶŽƚĞ�ϭϭ͕�ƚŚĞƌĞ�ǁ ĞƌĞ�ŶŽ�ƌĞůĂƚĞĚ�ƉĂƌƚLJ�ƚƌĂŶƐĂĐƟŽŶƐĚƵƌŝŶŐ�ƚŚĞ�LJĞĂƌ͘

ϮϮ �ĂƐŚŐĞŶĞƌĂƚĞĚĨƌŽŵ ŽƉĞƌĂƟŽŶƐ ϮϬϮϬ ϮϬϭϵ
£ £
Surplus/(defcit) for the year 14,606 (42,107)
Adjustments for:
/ŶǀĞƐƚŵ ĞŶƚŝŶĐŽŵ ĞƌĞĐŽŐŶŝƐĞĚŝŶƐƚĂƚĞŵ ĞŶƚŽĨĮŶĂŶĐŝĂůĂĐƟǀŝƟĞƐ ;ϰϰͿ ;ϵϮͿ
�ĞƉƌĞĐŝĂƟŽŶĂŶĚŝŵ ƉĂŝƌŵ ĞŶƚŽĨƚĂŶŐŝďůĞĮdžĞĚĂƐƐĞƚƐ ϭϰ͕ϭϲϱ ϭϱ͕ϯϳϵ
Movements in working capital:
Decrease in stocks 5,654 -
Decrease in debtors 152,421 94,491
(Decrease) in creditors (190,994) (20,558)
�ĂƐŚ;ĂďƐŽƌďĞĚďLJͿͬŐĞŶĞƌĂƚĞĚĨƌŽŵ ŽƉĞƌĂƟŽŶƐ (4,192) 47,113
23 Analysis of changes in net funds
At 1 January 2020 Cash fows At 31 December
2020
£ £ £
Cash at bank and in hand 115,986 (11,648) 104,338
Loans falling due within one year (10,000) 7,500 (2,500)
105,986 (4,148) 101,838