OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Z906099

Liberal Judaism (ULPS)

Annual Report and Financial Statements

31 December 2022

Company Limited by Guarantee Registration Number 08281223 (England and Wales) Charity Registration Number 1151090

Contents

Reports
Reference and administrative details 1
Report of the trustees 2
Independent auditor’s report 21
Financial statements
Statement of financial activities 26
Balance sheet 28
Statement of cash flows 29
Principal accounting policies 30
Notes to the financial statements 35

Liberal Judaism (ULPS)

Contents

Trustees Ruth Seager (Chair)
Janet Berkman (resigned 19 July 2022)
Rabbi Rebecca Birk
Alexandra Boyd (appointed 19 July 2022)
Rosalind Clayton
Alex Kinchin-Smith
Leslie Moss (appointed Treasurer 19 July 2022)
Karen Newman
Owen Power
Paul Silver-Myer (resigned 19 July 2022)
Hannah Stephenson (re-appointed 19 July 2022)
Susanne Szal
Registered office The Montagu Centre
21 Maple Street
London
W1T 4BE
Company registration number 08281223 (England and Wales)
Charity registration number 1151090
Auditor Buzzacott LLP
130 Wood Street
London
EC2V 6DL
Principal bankers National Westminster Bank Plc
Baker Street Branch
PO Box 2BA
69 Baker Street
London
W1U 6AT
United Kingdom

Liberal Judaism (ULPS) 1

Report of the trustees 31 December 2022

The Trustees present their report and financial statements for the year ended 31 December 2022.

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 2022

In formulating the charity’s aims and in planning the work of the members of the Community, the trustees have had regard to the general guidance published by the Charity Commission on public benefit.

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 to both 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.

Overview of achievements and performance in 2022

Celebrating the movement’s 120[th] anniversary, Liberal Judaism, its leadership and communities continued to excel in making sure members’ spiritual, human, intellectual and pastoral needs were met – both back in person after the pandemic and via online and hybrid services, events and activities.

Highlights included the movement’s first ever online Crowdfunder, a successful Day of Celebration and various anniversary events.

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

Day of Celebration

Liberal Judaism’s leaders and rabbis outlined “big dreams of what is possible” at the Day of Celebration 2022 – the first in-person event for three years. More than 150 people took part at The Liberal Jewish Synagogue in St John’s Wood, with 100 others taking part via live streaming.

In her opening remarks, Liberal Judaism CEO Rabbi Charley Baginsky outlined our many recent successes and urged delegates to continue to help our movement develop and grow as we celebrate this 120[th] anniversary year.

Liberal Judaism (ULPS) 2

Report of the trustees 31 December 2022

Day of Celebration (continued)

Charley said: “Today is all about exploring the past and beginning to think about the future.

At the start of the pandemic, we made a commitment. We committed to collaboration, to raising up a multitude of voices and to ensuring that Liberal Judaism met the needs of those on the margins. But we also committed to ensuring that we were not seen as a marginal part of Judaism, but rather a central place in the beautiful spectrum of what it means to be Jewish.

This creative fulcrum where Liberal and Judaism meet now needs to be nurtured. We have such big dreams of what is possible and now is the time to bring them to fruition.”

Liberal Judaism President Rabbi Dr Andrew Goldstein also laid down a challenge, saying: “In its 120 years, Liberal Judaism has faced several eras of change and challenge and has come out stronger, has often led the Jewish way and has been creative and outward looking, yet inwardly inclusive. Our next challenge starts now with this conference. Let us renew our enthusiasm and increase our commitment.”

The Day of Celebration’s keynote presentation was given by Sara Nathan, Co-Founder of Refugees at Home, and World Jewish Relief CEO Paul Anticoni. They outlined what role Liberal Jews can play to assist in the many refugee crises currently unfolding around the world.

Other speakers and presenters at the event included JW3 CEO Raymond Simonsen and the Church of England’s first Minority Ethnic Vocations Officer Rosemarie DavidsonGotobed, as well as Liberal Judaism Chair Ruth Seager.

Record amount raised

An online fundraiser for Liberal Judaism raised over £200,000.

More than 1,100 people made donations in the 36-hour online fundraiser. These included members of Liberal communities all around the UK, as well as Reform, Orthodox and Masorti Jews.

The money will be used for a series of initiatives to build Liberal Judaism for the future, with many focussed on supporting youth and communities.

The centrepiece will be a new online hub to throw our doors open as widely as possible and support people wherever they are. The money will also fund a Progressive Jewish Chaplain in universities, a social justice department and b’nei mitzvah and Kabbalat Torah programming for smaller communities.

It will support families in need by providing bursaries for children wanting to attend LJYNetzer youth camps and events, as well as sending Shabbat boxes to elderly members of the community living in non-Jewish care homes.

Liberal Judaism CEO Rabbi Charley Baginsky was blown away by the response of communities and members, of all ages and parts of the country, who really got behind the campaign.

Liberal Judaism (ULPS) 3

Report of the trustees 31 December 2022

Record amount raised (continued)

She said: “This has been an incredible achievement – five times more than we have ever raised before. What makes me most proud is that we had a whole army of people giving small amounts.

This was about raising money to do more, but that has not been the bit that has really affected me. It has been the number of people who engaged, the stories I heard, the messages I received and the love that has surrounded us. I think we really might be bringing Judaism home.”

Open House Shabbat

The Open House Shabbat initiative saw each Liberal Judaism congregation hold at least one Shabbat during the 120[th] anniversary year for which they thew open their doors – whether in-person, online or both – to the rest of the Liberal Jewish world and beyond.

This allowed Liberal Judaism to showcase and amplify the work of our communities and gave everyone the chance to support each other.

It is fitting that the first Open House took place at the Liberal Jewish Synagogue, the movement’s founding and largest synagogue.

Support for Ukraine

Liberal Judaism, its communities and the World Union for Progressive Judaism (WUPJ) provided financial, spiritual and practical support for Jews and others in Ukraine.

Even before the Russian invasion, The Liberal Jewish Synagogue (LJS) hosted an Erev Shabbat service, broadcast worldwide, to show solidarity with the Ukrainian Jewish Community – organised by Rabbi Igor Zinkov.

The guest speaker was Rabbi Julia Gris, who serves the Progressive Community in Odessa, Shirat ha-Yam. She told us how the hundreds of letters of support she has received from congregations all around the world mean a great deal to her. Julia expressed her deep gratitude and ended her moving talk with a prayer for international understanding.

The service also included heartfelt contributions from Liberal Judaism’s Rabbi Dr René Pfertzel and WUPJ President Rabbi Sergio Bergman.

Rabbi Igor Zinkov also co-chairs the WUPJ’s Ukraine Crisis Fund, which has raised more than £2million to help those in Ukraine and Ukrainian refugees in other countries.

Fundraising concerts and events for Ukraine took place in many Liberal communities including The Ark Synagogue, Kingston Liberal Synagogue and Birmingham Progressive Synagogue.

A new President

Rabbi Alexandra Wright was elected as the new President of Liberal Judaism. The Senior Rabbi at The Liberal Jewish Synagogue (LJS) since 2004, she was the first woman to lead a major Jewish congregation in the UK.

Liberal Judaism (ULPS) 4

Report of the trustees 31 December 2022

A new President (continued)

She said: “I hope I can be a worthy successor to all my predecessors who did so much to disseminate our proud heritage and the significant message of Liberal Judaism – a Judaism that aspires to be sincere in its worship, incisive in its teaching and inclusive and caring in the work of its communities.”

Pride Celebration

Liberal Judaism celebrated Pride in style with a Pre-Pride Erev Shabbat Celebration hosted by The Liberal Jewish Synagogue (LJS). This was followed, after a chavurah supper, by a live concert by the Pink Singers.

The Pink Singers were delighted to be returning to the LJS and they put together a wonderful programme of songs from different genres.

Rabbi René Pfertzel, who was there when the Pink Singers performed at the LJS in 2017, said that watching them sing lent the Hebrew inscription above the Ark – which translates as ‘worship the Eternal One with joy’ – a new meaning.

The concert was preceded by the Pre-Pride Erev Shabbat Celebration created by Rabbi Indigo Jonah Raphael along with Rabbi Rachel Benjamin and Liberal Judaism Deputy Chair Karen Newman.

Speakers, both in-person and on video, spanned the wide spectrum of the Jewish LGBTQI+ community. They included Liberal Judaism’s Officer for Communities and Social Justice, Owen Power, and Rabbi Elli Tikvah Sarah, who has done so much to pioneer inclusion within Liberal Judaism.

High Holy Days ticket scheme

Liberal Judaism once again teamed up with the Movement for Reform Judaism to ensure that all students and young adults can attend Progressive High Holy Days services.

The High Holy Days 5783 Ticket Scheme enabled students and young adults to attend services for free at the Liberal or Reform synagogue of their choice – giving them access to more than 80 different communities covering almost every part of the UK – including major university towns and cities.

Visit from the World Union

The President of the World Union for Progressive Judaism (WUPJ) met with Liberal Judaism’s leadership as part of his first trip to the UK in the role.

In a day spent at Leo Baeck College, Rabbi Sergio Bergman - accompanied by WUPJ Chair Carole Sterling - spoke at length with Liberal Judaism CEO Rabbi Charley Baginsky and Director of Youth Becca Fetterman. They also met College Principal Rabbi Dr Deborah Kahn-Harris, Dean Rabbi Dr Charles Middleburgh and Acting Chair Mimi Konigsberg.

Discussions were centred around the vital role British Progressive Judaism can play in the global movement and exploring ways that skills and experiences can be shared.

Liberal Judaism (ULPS) 5

Report of the trustees 31 December 2022

Visit from the World Union (continued)

He said: “Our visit to the leaders of the Progressive movements in the UK was informal and with the intention of looking deeper into the local needs of the Liberal and Reform movements, their associated institutions, volunteer, youth and professional leaders.

This is just the beginning of a programme of collaboration over time, which will also include visits to other movements and inter-religious dialogue that are part of our worldwide agenda.”

Social action on Mitzvah Day

Mitzvah Day – the UK’s largest faith-based day of social action – allowed Liberal Judaism communities once more to reunite with friends and neighbours in social action.

Taking place in November, it saw Liberal Jews come together with those of all faiths and backgrounds to give their time, not their money, in projects that make a real difference to the community around them.

Press and social media

2022 was 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 such as the BBC.

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

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 livers 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

Liberal Judaism (ULPS) 6

Report of the trustees 31 December 2022

Strategic objectives (continued)

  1. Communications

  2. Israel

  3. 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 2022 have been assessed against these detailed objectives. 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 were kept, however, as they are a useful tool to develop and assess the impact of the organisation’s work.

In 2022 a new set of strategic objectives were set for the next five years. The work planned for 2023 is outlined against these new objectives.

Achievements in 2022

1. Leadership

In 2022 we:

Liberal Judaism (ULPS) 7

Report of the trustees 31 December 2022

Achievements in 2022 (continued)

2. Education and Learning

In 2022 we:

3. Theology and Liturgy

In 2022 we:

4. Membership

Liberal Judaism (ULPS) 8

Report of the trustees 31 December 2022

Achievements in 2022 (continued)

4. Membership (continued)

In 2022 we:

5. Community Care and Volunteering

In 2022 we:

6. Communications

Liberal Judaism (ULPS) 9

Report of the trustees 31 December 2022

Achievements in 2022 (continued)

6. Communications (continued)

In 2022 we:

7. Israel

In 2022 we:

8. Liberal Judaism as Political Judaism

In 2022 we:

Worked with Jewish and non-Jewish partner organisations on welcoming and supporting Ukrainian refugees.

Liberal Judaism (ULPS) 10

Report of the trustees 31 December 2022

Targets for 2023

2022 was an opportunity to celebrate 120 years of Liberal Judaism and begin a clear articulation of what has passed and what has been achieved. We completed a very successful fundraising campaign which was successful financially, but equally importantly it delivered on engaging our membership in thinking about the future and securing and celebrating their identity as proud Liberal Jews.

2023 offers us the opportunity to do three things:

  1. To plan with the community at large for the future and develop with them our next strategic plan

  2. To deliver on our fundraising goals and show substantive outcomes resulting from the financial growth and engagement

  3. To build on that fundraising to secure a sustainable fundraising income

2023 is about a concretisation of all that was achieved in 2022, positioning LJ as the leading Progressive movement in the UK with the ability to lead the others into the next generation.

1. We are ‘Rooted and Responsive’

Aim: We support, sustain and develop Liberal Jewish ritual and practice throughout the lifecycle

In 2023 we will do this by:

Providing a pathway for a Liberal Jewish journey through all stages of an individual’s life:

Liberal Judaism (ULPS) 11

Report of the trustees 31 December 2022

Targets for 2023 (continued)

2. We are ‘Inclusive and Diverse’

Aim: To raise up the multiplicity of Liberal Jewish voices

In 2023 we will do this by:

Being a leading player in social justice:

3. We are ‘Collaborative and Effective’

Aim: To nurture and create collaborative communities

In 2023 we will do this by:

Increasing the collaboration between communities and between communities and LJ and build collaborative partnerships with other organisations:

Liberal Judaism (ULPS) 12

Report of the trustees 31 December 2022

Targets for 2023 (continued)

3. We are ‘Collaborative and Effective’ (continued)

Supporting the pastoral and social needs of our communities and future members:

Developing and growing the Honeycomb Project

4. We are ‘Proud and Joyful’

Aim: To create future generations of proud and confident Liberal Jews

In 2023 we will do this by:

Increasing the link between LJY-Netzer and the LJ communities in order to strengthen both partners:

5. We are ‘Meaningful and Accessible’

Aim: To ensure that all those who seek the spiritual possibilities of Judaism have an accessible pathway into learning and community

In 2023 we will do this by:

Be the leading access point for Progressive Jewish education:

Promoting LJY-Netzer as leaders in informal Jewish education and their events as part of each community’s educational offer.

Liberal Judaism (ULPS) 13

Report of the trustees 31 December 2022

Targets for 2023 (continued)

5. We are ‘Meaningful and Accessible’ (continued)

Continuing to develop a robust funding portfolio:

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 £147,882 was recorded. This is compared to a surplus of £144,492 in 2021.

At the year-end reserves were £874,663 (2021 – £726,781) consisting of general unrestricted funds of £338,975 (2021 – £187,848), designated funds of £515,927 (2021 – £521,727) and restricted funds of £19,761 (2021 – £17,206).

Income

Total income was up by some £354,680 to £1,756,293 in 2022 (2021 – £1,401,613).

The most significant element of this was from donors, large and small – donations income increased from £80,907 in 2021 to £269,964 in 2022.

There were increases across all key areas of our work in 2022, including a steady increase in youth and kadimah income to pre-pandemic levels of £311,166 (£213,605 in 2021). We are now running in person events for all age groups and participation is increasing.

Liberal Judaism (ULPS) 14

Report of the trustees 31 December 2022

Financial review (continued)

Income (continued)

After a decrease below normal levels of income to £379,301 in 2021, cemetery and funeral scheme income reached £434,311 in 2022. The decrease in 2021 is very likely to have been due to short-term changes in the mortality rate of our members due to the pandemic.

There was also an increase in Congregational Affiliation Fees (CAF) to £518,067 (2021 – £498,228) partly due to continued repayments from communities who had a loan agreement in place with us due to loss of rental income in 2020.

There was a small increase in outreach and rabbinic services income of £9,369, from £164,115 in 2021 to £173,484 in 2022. This is likely to reflect an increasing amount of inperson rabbinic services.

Grants income also increased by some £13,528 from £109,688 in 2021 to £123,216 in 2022, including grants from The Ark and West Central Liberal Synagogue.

Expenditure

In 2022 total expenditure increased by £351,290 from £1,257,121 in 2021 to £1,608,411. Whilst income increased across all areas of the organisation’s work, so did associated spending.

Spending on LJY-Netzer activities increased from £127,708 in 2021 to £231,562 in 2022, due to further increases in the provision of in-person events, including the welcome return of the Israel tour for young people aged 16. There was also an increase in expenditure of £52,136 in the delivery of outreach and community services, again partly due to the return of more in-person working and community events.

There were increases in expenditure on cemetery running costs (£144,671 in 2022 compared to £126,987 in 2021) and funeral costs (£123,676 in 2022 compared to £75,314 in 2021). This reflects a return to typical levels of expenditure pre-pandemic in this area.

Support costs overall increased during the year from £276,641 in 2021 to £309,842 in 2022. Whilst staff costs overall decreased slightly, to £527,336 (2021: £538,073), the cost of maintaining some office space and resources, as well as increased costs for transport, increased movement of staff and access to communities and events has had an impact on spending in this area.

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. Increased costs for resources overall has had an impact on budgets.

Liberal Judaism (ULPS) 15

Report of the trustees 31 December 2022

Financial review (continued)

Expenditure (continued)

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. Fundraising is overseen by the Chief Executive Officer, Rabbi Charley Baginsky, with support from the Events Manager, Tom Rich; fundraising consultants were also used during the year to plan and deliver a major fundraising event.

In 2022 a 36-hour matched funding event was a significant fundraising success, with 120 ambassadors raising funds that were matched by pledges from major donors and funds. This event raised a significant amount of funding, and, as importantly, increased and improved connections between Liberal Judaism and our members and friends. Some work to develop regular donors also took place in 2022, mainly through the Friends scheme and linked to the 36-hour fundraiser.

The key regular elements of the fundraising strategy are a Patrons’ scheme for donors paying £2,500 per annum and above, a Friends scheme for donors giving less than £2,500 per annum, one off donations and grant funding from a range of sources. The cost of fundraising in 2022 was £32,159 (2021– £11,103). This increase was due to investment in a major fundraising campaign.

All donors, whether regular or one off, 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 2022, although a robust complaints process is publicised. Liberal Judaism is registered with the Fundraising Regulator and complies with the regulator’s code of practice.

We continue to be fortunate to have the generous support of our Patrons and Friends.

We have received grants from a number of funders and continue to develop positive and mutually beneficial relationships to deliver a range of projects. This year we have received support from the North London Trust for Progressive Judaism to support a range of

projects, including bursary support for our summer events and support for our Day of Celebration. West Central Liberal Synagogue awarded a grant to cover the cost of reprinting our siddur from their funds on dissolution, and the Ark made a grant from their Yom Kippur Appeal Fund. We have also received grants from the Jewish Youth Fund, the Children’s Aid Committee and UJIA to support the essential work of LJY-Netzer for both core and project work. We are hugely grateful to all of our funding partners for their engagement with our work.

Liberal Judaism (ULPS) 16

Report of the trustees 31 December 2022

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:

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 Officer, Rabbi Charley Baginsky.

The Board of National Officers met seven 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.

Liberal Judaism (ULPS) 17

Report of the trustees 31 December 2022

Structure, governance and management (continued)

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.

In addition to the generosity of our Patrons and donors, a number of specific grants were received from a range of grant making bodies and trusts. These grants totalled £123,216 in 2022.

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 £,2500 per annum. 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 is a risk that the relationship between donors and the organisation may become stale or that a lack of connection may lead to a loss of donors; the Chief Executive Officer works with the team on stewardship to ensure that donors receive regular communications and opportunities to engage with the work of the organisation.

  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. Where difficulties arise a support package is offered, including development support and the reduction of fees as a loan repayable over an agreed time period. This has been a successful strategy so far.

  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). 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. In 2022 work continued on search engine optimisation for non-member funeral services, helping families who may need our services to find us.

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

Fraudulent activity – the organisation has a range of internal audits and controls for payment, approval and payment. These are tested annually and subject to constant review and improvement.

Reserves – a reserves policy was developed in 2017 that aims to set aside £20,000 per annum. This was achieved in 2022.

Liberal Judaism (ULPS) 18

Report of the trustees 31 December 2022

Risk – significant events, risk and uncertainties (continued)

Stock – stock levels are reviewed against sales and gifts every 6 months.

There are no additional major risks, uncertainties or events anticipated or forecast for 2023.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained as a reserve fund. The purpose of this reserve fund is to ensure that the organisation can continue to deliver our strategic objectives in the event of a loss or gap in income; the fund exists to enable Liberal Judaism to continue to operate whilst alternative sources of funding are identified. The reserve fund also enables the funding of capital projects and could cover expenditure to deliver strategic projects that Liberal Judaism would otherwise be unable to fund.

The trustees consider that reserves at a level equivalent to between three and six months’ expenditure 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 reserve target is £250,000 which is based on operational outputs, partnership arrangements and HR commitments. This amount will be reviewed in 2023 against the risk assessment process that is in place and with consideration of increasing costs and ongoing economic uncertainty.

Statement of trustees’ responsibilities

The trustees, who are also the directors of Liberal Judaism (ULPS) for the purpose of company law, are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Liberal Judaism (ULPS) 19

Report of the trustees 31 December 2022

Auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

In preparing this report, the trustees have taken advantage of the small companies’ exemptions provided by section 415a of the Companies Act 2006.

The trustees’ report was approved by the Board of Trustees.

Trustee

Date: 29/08/2023

Liberal Judaism (ULPS) 20

Independent auditor’s report 31 December 2022

Independent auditor’s report to the trustees of Liberal Judaism (ULPS)

Opinion

We have audited the financial statements of Liberal Judaism (YLPS) (the ‘charity’) for the year ended 31 December 2022 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Liberal Judaism (ULPS) 21

Independent auditor’s report 31 December 2022

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider, whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained during the course of the audit, we have not identified material misstatements in the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Liberal Judaism (ULPS) 22

Independent auditor’s report 31 December 2022

Trustees’ responsibilities

As explained more fully in the statement of trustees’ responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole 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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

Liberal Judaism (ULPS) 23

Independent auditor’s report 31 December 2022

Auditor’s responsibilities for the audit of the financial statements (continued) We assessed the susceptibility of the charitable company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Liberal Judaism (ULPS) 24

Independent auditor’s report 31 December 2022

Use of this report

This report is made solely to the charitable company’s trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s trustees those matters that we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company’s and the company’s trustees as a body, for our audit work, or the opinions we have formed.

20 September 2023

Edward Finch (Senior Statutory Auditor) For and on behalf of Buzzacott LLP, Statutory Auditor 130 Wood Street London EC2V 6DL

Liberal Judaism (ULPS) 25

Statement of financial activities (including and income and expenditure account) Year to 31 December 2022

Notes Unrestricted
general
funds
£		 Unrestricted
designated
funds
£		 Restricted
funds
£		 Total
2022
£		 Total
2021
£
Income and endowments from:
Donations and legacies
1
Charitable activities
2
Investments
3
Other activities
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net income (expenditure) before
transfers
Gross transfers between funds
Net movement in funds
Fund balances at 1 January 2022
Fund balances at 31 December 2022		 269,964
1,362,478
635
-		 -
-
-
-
-

123,216

-

-		 269,964
1,485,694
635
-
80,907

1,303,979

9

16,718
1,633,077 -
123,216		 1,756,293
1,401,613
32,159
1,455,591		 -
-
-

120,661		 32,159
1,576,252
11,103

1,246,018
1,487,750 -
120,661		 1,608,411
1,257,121
145,327
5,800		 -
(5,800)		 2,555
-		 147,882
-		 144,492

-
151,127
187,848		 (5,800)
521,727
2,555

17,206		 147,882
726,781
144,492

582,289
338,975 515,927
19,761		 874,663
726,781

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

Liberal Judaism 26

Statement of financial activities (including and income and expenditure account) Year to 31 December 2022

Notes Unrestricted
general
funds
£		 Unrestricted
designated
funds
£		 Restricted
funds
£		 Total
2021
£
Income and endowments from:
Donations and legacies
1
Charitable activities
2
Investments
3
Other activities
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net income (expenditure) before transfers
Gross transfers between funds
Net movement in funds
Fund balances at 1 January 2021
Fund balances at 31 December 2021		 70,208
1,194,291
9
16,718		 -
-
-
-
10,699

109,688

-

-		 80,907
1,303,979
9
16,718
1,281,226 -
120,387		 1,401,613
11,103
1,136,937		 -
-
-

109,081		 11,103
1,246,018
1,148,040 -
109,081		 1,257,121
133,186
3,299		 -
(3,299)		 11,306
-		 144,492
-
136,485
51,363		 (3,299)
525,026
11,306

5,900		 144,492
582,289
187,848 521,727
17,206		 726,781

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

Liberal Judaism 27

Balance sheet 31 December 2022

Notes
2022
£’000		 2022
£’000		 2021
£’000		 2021
£’000
Fixed assets
Tangible assets
11
Current assets
Stocks
12
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due
within one year
14
Net current assets/(liabilities)
Total net assets less current
assets/ (liabilities)
Income funds
Restricted funds
15
Unrestricted funds
Designated funds
16
General funds

25,376

141,345
313,097		 520,059

354,604		 14,660
69,760
164,211		 581,023
145,758
479,818

(125,214)


515,927
338,975		 248,631
(102,873)
521,727
187,848
874,663 726,781
19,761
854,902		 17,206
709,575
874,663 726,781

Approved by the trustees and signed on their behalf by:

Trustee

Approved on: 29/08/2023

Company Registration Number: 08281223 (England and Wales)

Liberal Judaism 28

Statement of cash flows Year to 31 December 2022

Notes
2022
£		 2021
£
Cash flows from operating activities:
Net cash provided by operating activities
A
Cash flows from investing activities:
Investment income received
Net cash provided by investing activities
Cash flows from financing activities:
Repayment of borrowings
Net cash (used in) financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 January
B
Cash and cash equivalents at 31 December
B

148,251		 62,364


635		 9
635 9


-		 (2,500)
- (2,500)

148,886


164,211
 59,873
104,338

313,097		 164,211

Notes to the statement of cash flows for the year to 31 December 2022 A Cash flows from operating activities

A Cash flows from operating activities Cash flows from operating activities
B 2022
£		 2021
£
Surplus for the year
Adjustments for:
Investment income recognised in statements of financial activities
Purchase of tangible fixed assets
Loss on disposal of tangible fixed assets
Depreciation of tangible fixed assets
(Increase) decrease in stocks
(Increase) decrease in debtors
Increase (decrease) in creditors
Cashprovided by operations		 147,882
(635)
(3,505)
52,121
12,348
(10,716)
(71,585)
22,341		 144,492
(9)
(1,225)
245
14,444
2,974
(18,655)
(79,902)
148,251 62,364
Analysis of changes in net debt
At 1
January
2022
£’000		 Cash flows
£’000		 At 31
December
2022
£’000
Cash at bank and in hand 164,211 148,883 313,094
164,211 148,883 313,094
Analysis of changes in net debt
At 1 At 31
January
2022		 Cash flows December
2022
£’000 £’000 £’000
Cash at bank and in hand 164,211 148,883 313,094
164,211 148,883 313,094

Liberal Judaism 29

Principal accounting policies 31 December 2022

Company information

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 practices of Liberal and Progressive Judaism.

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

Accounting Convention

The financial statements have been prepared in accordance with the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommend 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)”. The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is also the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

Going concern

In response to the coronavirus pandemic, Liberal Judaism moved all of its events, services and festival celebrations online whilst continuing to provide education, religious and community services to its constituents and to wider Anglo Jewry. From 2021 onwards this moved to a hybrid model of service delivery, with some increase year-on-year in in-person events and a continued focus on hybrid service delivery as a minimum standard to support engagement and inclusion. Based on post-year end analysis, income has been maintained, and changing work patterns have not drastically changed the profile of the expenditure.

The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The trustees have made this assessment in respect to a period of at least one year from the date of approval of these financial statements. At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Charitable funds

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the objectives of the charity and which have not been designated for other purposes.

Liberal Judaism 30

Principal accounting policies 31 December 2022

Charitable funds (continued)

Designated funds comprise unrestricted funds that have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are funds that can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cemetery scheme income includes ground fees, which relates to monies receivable for membership to the burial scheme, and funeral income, which relates to monies receivable from the charity’s performance of funeral services and burials.

Youth and Kadimah income relates to monies receivable for the services and activities provided.

Congregational subscriptions relate to monies receivable from member synagogues.

Outreach and Rabbinic services relate to monies received for providing rabbinic and outreach services in Liberal Judaism communities.

Other incoming resources relate to monies received for smaller, ad-hoc services including publications sales, charges for postage and packaging and other smaller sales of materials.

Income from charitable activities is included in income on a receivable basis.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount can be measured reliably and receipt is considered probable. Where legacies have been notified to the charity, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Expenditure

Expenditure is accounted for on an accruals basis and includes attributable VAT, which cannot be recovered. Costs have been directly attributed to one of the functional categories of resources expended in the statement of financial activities.

Liberal Judaism 31

Principal accounting policies 31 December 2022

Expenditure (continued)

Costs of raising funds consist of Council of Patrons expenditure.

Expenditure relating to the charitable activities are those elements of expenditure directly and indirectly incurred in performing these activities. Costs that are not directly attributable to a specific activity have been allocated on a percentage basis, according to the time the charity devotes to each of the charitable activities.

Governance costs comprise costs for the running of the charity itself as an organisation, including fulfilling its statutory obligations.

Grants payable are included in the statement of financial activities in the year when they are payable. There is no legal or constructive liability to pay these grants.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets over their useful lives on the following bases:

Freehold land Not depreciated; this includes cemetery land
Leasehold Period of lease
Computer equipment 3 years straight line
Fixtures, fittings & equipment 10% on a reducing balance
Scrolls Not depreciated as high residual value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income (expenditure) for the year.

Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct costs that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost.

Liberal Judaism 32

Principal accounting policies 31 December 2022

Cash and cash equivalents

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

Government grants

Government grants, which include amounts received under the Coronavirus Job Retention Scheme, are recognised at the fair value of the grant received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. The income is recognised in other income on a systematic basis over the periods in which the associated costs are incurred, using the accrual model.

Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Pensions

The charity contributes towards employees’ personal pension schemes. Contributions payable are charged to the statement of financial activities in the year they are payable.

Leases

Rentals payable under operating leases are charged as an expense on a straight line basis over the term of the relevant lease.

Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Liberal Judaism 33

Principal accounting policies 31 December 2022

Critical accounting estimates and judgements (continued)

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

There were no critical accounting estimates or judgements during the year.

Liberal Judaism 34

Notes to the financial statements Year to 31 December 2022

1 Donations and legacies

Donations and legacies
Unrestricted
funds
2022
£
Unrestricted
funds
2021
£
Donations and gifts
Donations and gifts
Donations – general
Council of Patrons
Friends
Other – legacies		 269,964 80,907


118,593
147,161
4,210
-		 -
57,380
5,802
17,725
269,964 80,907

2 Charitable activities

Charitable activities
Cemetery
scheme
income
£
Youth and
Kadimah
income
£
Congregational
subscriptions
£		 Outreach
and
Rabbinic
services
£		 Other
incoming
resources
£
Total
2022
£
Income derived from
charitable activities
Analysis by fund:
Unrestricted funds – general
Restricted funds		 434,311
311,166
518,067		 173,484 48,666 1,485,694
434,311
-
238,155

73,011


518,067

-

161,456
12,028
 10,489
38,177		 1,362,478

123,216
434,311
311,166
518,067		 173,484 48,666 1,485,694
Cemetery
scheme
income
£
Youth and
Kadimah
income
£
Congregational
subscriptions
£		 Outreach
and
Rabbinic
services
£		 Other
incoming
resources
£
Total
2021
£
Income derived from
charitable activities
Analysis by fund:
Unrestricted funds – general
Restricted funds		 379,301
213,605
498,228		 164,115 48,730 1,303,979
379,301
—
152,941

60,664


498,228

—

147,051
17,064
 16,770
31,960		 1,194,291

109,688
379,301
213,605		 498,228 164,115 48,730 1,303,979

3 Investments

Investments
Unrestricted
funds
2022
£
Unrestricted
funds
2021
£
Interest receivable 635 9

Liberal Judaism 35

Notes to the financial statements Year to 31 December 2022

4 Other activities

Other activities
Unrestricted
funds
2022
£
Unrestricted
funds
2021
£
CJRS income - 16,718

5 Raising funds

Raising funds
Unrestricted
funds
2022
£
Unrestricted
funds
2021
£
Other fundraisingcosts 32,159 11,103

6 Charitable activities

Charitable activities
Youth
activities
£
Outreach and
community
work
£
Lifecycle and
cemetery
services
£		 Rabbinic
development
£		 Total
2022
£
Staff costs
Depreciation
Loss on disposal of fixed assets
Local projects
Youth expenditure
Funeral costs
Cemetery running costs
Other costs
Grant funding of activities (see
note 7)
Share of support costs (see note
8)
Share of governance costs (see
note 8)
Analysis by fund
Unrestricted funds – general
Restricted funds		 126,561
3,704
15,637
-
231,562
-
-
-
168,748

4,939

20,848

8,256

-

-

-

45,257
84,374

2,470

10,423

-

-

123,676
144,671

1,152		 42,185
1,235
5,213
-
-
-
-
19,806		 421,868
12,348
52,121
8,256
231,562
123,676
144,671
66,215
377,464
248,048
366,766		 68,439 1,060,717
-

93,202
7,967
12,421

123,989

10,623

-

61,584

5,311
166,714
31,067
2,657		 179,135
309,842
26,558
478,633
395,081
433,662		 268,876 1,576,252
405,622
73,011
359,459

35,622


433,662

-

256,848
12,028		 1,455,591
120,661
478,633
395,081
433,662		 268,876 1,576,252

Liberal Judaism 36

Notes to the financial statements Year to 31 December 2022

6 Charitable activities (continued)

Youth
activities
£
Outreach and
community
work
£
Lifecycle and
cemetery
services
£
Rabbinic
development
£
Total
2021
£
Staff costs
Depreciation
Local projects
Youth expenditure
Funeral costs
Cemetery running costs
Other costs
Grant funding of activities (see
note 7)
Share of support costs (see note
8)
Share of governance costs (see
note 8)
Analysis by fund
Unrestricted funds – general
Restricted funds		 129,138
4,333
-
127,708
-
-
-
172,183

5,778

(806)

-

-

-

18,577
86,091

2,889

-

-

75,314
126,987

10,230
43,046

1,444

-

-

-

-

3,093
430,458

14,444

(806)

127,708

75,314

126,987

31,900
261,179
195,732
301,511
47,583
806,005
-

72,366
8,785
3,272

96,512

11,713
-

55,304

5,857
160,099

23,177

2,928
163,371

247,359

29,283
342,330
307,229
362,672
233,787
1,246,018
282,273
60,057
270,705

36,524
362,672

-
221,287

12,500
1,136,937

109,081
342,330
307,229
362,672
233,787
1,246,018

7 Grants payable

Grants payable
Outreach
and
community
work
£
Rabbinic
development
£
Total
2022
£
Outreach
and
community
work
£
Rabbinic
development
£
Total
2021
£
Grants to institutions:
Leo Baeck College
Other
European Union of
Progressive Jews
Grants to individuals		 -
-
12,421
115,000

-

-
115,000

-

12,421
-

272

3,000
115,333

-

-
115,333

272

3000
12,421
-
115,000

51,714
127,421

51,714
3,272

-
115,333

44,766
118,605

44,766
12,421
166,714
179,135
3,272
160,099
163,371

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

8 Support costs

Support costs
Support
costs
£
Governance
costs
£
2022
£
Support
costs
£
Governance
costs
£
2021
£
Staff costs
Office and general costs
Travel and subsistence
Other costs
Audit fees
Legal and professional
Accountancy Fees		 105,467
115,720
13,391
30,446
-
29,938
14,880
-

-

-

-

26,558

-

-
105,467

115,720

13,391

30,446

26,558

29,938

14,880
107,615

81,232

897

40,645

-

16,968

-
-

-

-

-

16,500

12,784

-
107,615

81,232

897

40,645

16,500

29,752

-
309,842
26,558		 336,400
247,357
29,284
276,641

Liberal Judaism 37

Notes to the financial statements Year to 31 December 2022

9. Trustees

During the year, no trustees received any remuneration or benefits but two trustees (2021 – one) were reimbursed expenses for travel, totalling £271 (2021 - £9).

10 Employees

Number of employees

The average monthly number of employees during the year was:

2022
Number		 2021
Number
Managerial
Professional
Support
Youth		 4
3
4
3
14		 4
3
4
3
14

Employment costs

Employment costs
2022
£		 2021
£
Wages and salaries
Social security costs
Pension costs		 442,586
42,868
41,882		 456,209
42,245
39,619
527,336 538,073

The number of employees whose annual remuneration was £60,000 or more were:

2022
Number		 2021
Number
£70,000 - £80,000
£60,000 - £70,000		 1
-		 -
1

Key management personnel consists of the Chief Executive and Chief Operating Officer. Their total remuneration (including taxable benefits and employer’s national insurance and pension contributions) was £159,275 (2021: £149,251).

Liberal Judaism 38

Notes to the financial statements Year to 31 December 2022

11 Tangible fixed assets

Freehold
land
£
Leasehold
£
Computer
equipment
£		 Fixtures,
fittings &
equipment
£
Scrolls
£
Total
£
Cost
At 1 January 2022
Additions
Disposals
At 31 December 2022
Depreciation
At 1 January 2022
Depreciation charged in
year
Eliminated on disposal
At 31 December 2022
Carrying amount
At 31 December 2022
At 31 December 2021		 513,270
-
-
232,000

-

-

6,921

3,505

-		 156,333
-
(156,333)
1,014

-
-
909,538

3,505

(156,333)
513,270
232,000
10,426		 -
1,014
756,710
95,944
-
-
127,600

5,800

-


6,550

757

-		 98,421
5,791
(104,212)
-

-
-
328,515

12,348

(104,212)
95,944
133,400
7,307		 -
-
236,651
417,326
98,600


3,119		 -
1,014
520,059
417,326
104,400
371		 57,912
1,014
581,023

Following the coronavirus-19 pandemic and staff increasingly working from home, the fixtures and fittings balances has been reviewed. As the majority of assets were considered to have exceeded their useful economic life, the assets have been written down to nil.

12 Stocks

13 2022
£		 2021
£
Finishedgoods andgoods for resale 25,376 14,660
Debtors

Amounts falling due within one year:

2022
£		 2021
£
Trade debtors
Prepayments and accrued income		 45,298
96,047		 35,265
34,495
141,345 69,760

14 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2022
£		 2021
£
Taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 13,937
45,815
4,062
61,400		 30,188
39,981
(1,467)
34,171
125,214 102,873

Liberal Judaism 39

Notes to the financial statements Year to 31 December 2022

14 Creditors: amounts falling due within one year (continued)

Deferred income of £8,950 relates to payments received for events that are due to take place in 2023.

Deferred income brought forward from 2021 was £2,096, all of which was released in 2022.

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.

Balance at 1
January
2021
£
Transfers
£
Balance at 1
January
2022
£		 Income
£
Expenditure
£
Balance at
31
December
2022
£
Heritage Lottery
Fund
Church Urban Fund
UJIA
Children’s Aid
Committee
Jewish Child’s Day
NLPS Trust
Jewish Youth Fund
Rosita Rosenberg
Legacy Fund
The Ark Yom
Kippur Appeal Fund
Chief Executive
Discretionary Fund
Maurice
Needleman
Settlement
West Central
Liberal Synagogue		 -

3,400
-
-
2,500
-
-
-

-
-
-
-		 -

-
-

-

(2,500)

-

-

3,107

-

-

10,699

-
-

3,400

-

-

-

-

-

3,107

-

-

10,699

-		 7,990
-
50,667
5,000
-
27,028
2,000
343
7,528
6,660
-
16,000
(7,990)

-

(50,667)

(5,000)

-

(27,028)

(2,000)

(343)

-

(2,640)

(10,699)
(14,294)
-

3,400

-

-

-

-

-

3,107

7,528

4,020

-
1,706
5,900 11,306
17,206		 123,216
(120,661)		 19,761

Funding from the Heritage Lottery Fund was received, late, for project work completed in 2021.

The Church Urban Fund grant money is being held on behalf of a small local project, Celebrating Camden Women and will be released on request when their project is complete.

UJIA awarded a grant to support the work of our youth movement, LJY-Netzer; whilst this grant must be spent on youth activities, no further requirements are put in place. UJIA also provided a grant for additional summer activities.

The Children’s Aid Committee provided funding which supported leadership development within LJY-Netzer.

The North London Trust for Progressive Judaism (NLPS Trust) provided grants to support our Day of Celebration, to assist us in offering bursaries to as many families as possible to support attendance on LJY-Netzer events, to support student packs and to support rabbinic student bursaries.

Liberal Judaism 40

Notes to the financial statements Year to 31 December 2022

15 Restricted funds (continued)

The Jewish Youth Fund provided funding which supported leadership development within LJY-Netzer.

The Rosita Rosenberg Legacy Fund was set up to honour the memory of Rosita Rosenberg z”l and is made up of donations in her honour. It is to be used for bursaries to support young people to engage with LJY-Netzer and Liberal Judaism.

The Ark Yom Kippur Appeal Fund was granted to assist with the development costs of special projects within Liberal Judaism.

The Chief Executive Discretionary Fund comprises money received for the work of the CEO when she provides consultancy to organisations outside Liberal Judaism. It is used to support bursaries and other ad-hoc needs of Liberal Judaism’s members.

The Maurice Needleman Settlement was a legacy received in 2021 for the purpose of advancing education and community development in Israel.

West Central Liberal Synagogue gave a grant when they disbanded to fund the printing of new copies of the Liberal Judaism siddur.

16 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
2021
£
Transfers
£
Balance at 1
January
2022
£		 Transfers
£
Balance at
31 December
2022
£
515,927
Cemeteryland 525,026
(3,299)		 521,727 (5,800)

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.

17 Analysis of net assets between funds

Unrestricted
funds
£
Designated
funds
£
Restricted
funds
£		 Total
2022
£
Fund balances at 31 December 2022 are
represented by:
Tangible assets
Current assets (liabilities)		 4,132
334,843
515,927

-

-

19,761		 520,059
354,604
338,975
515,927
19,761		 874,663

Liberal Judaism 41

Notes to the financial statements Year to 31 December 2022

17 Analysis of net assets between funds (continued)

Unrestricted
funds
£
Designated
funds
£
Restricted
funds
£
Total
2021
£
Fund balances at 31 December 2021 are
represented by:
Tangible assets
Current assets (liabilities)		 59,296
128,552
521,727

-
-

17,206		 581,023

145,758
187,848
521,727
17,206
726,781

18 Operating lease commitments

Operating lease commitments
2022
£		 2021
£
Within one year
Between two and five years
In over five years		 1,500
6,000
449,625		 1,834
6,000
456,000
457,125 463,834

19 Related party transactions

During 2022, payments to the value of £9,910 were made to Tigerpink, which is owned by Richard Bloom, partner of Rabbi Charley Baginsky. These payments were for the production of materials and resources used on and offline for fundraising and income generation in 2022.

During 2022, Rabbi Charley Baginsky and Karen Newman joined the board of Leo Baeck College. During the year, grants of £166,714 were made to Leo Baeck College for the purpose of training rabbis.

During 2022, donations totalling £2,788 were received, from nine trustees and two members of key management personnel.

20 Post balance sheet events

Following the year end, Liberal Judaism entered into a loan agreement for £110,000 in order to facilitate the purchase of 50 burial plots. The liability in respect of the loan will be reflected in the financial statements for the year ending 31 December 2023.

Liberal Judaism 42