RECISIERED COMPANY NUMBER: 08825132 (England 8lld WAIM) REGISTERED CHARITY NUMBER: 1157109 R¢port of the Trllst¢e$ And UDaudited Thanelal Ststements for the Yur Ended 31 Dttember 2023 ror Mwalc Jthisk Commwnlty Llmlted Grant Harr(xl LerAWth Davis LLP Chartered Accountants 1st Floor Healthaid House marlborou) Hill Harn)w Middlesex HAI IUD
Mos•l¢ Jewish Commuthity I1¢¢ Contents of the FiDantial St#temettts for the yeArended 31 December 2023 Page Report of ihe Trustees Indeptndent Exathiner's Report Statement of Fingn¢i*l Aclivitie8 B8lallct Sheet Notes to th¢ FInalI1 Ststety#ts 7 to 9
MO1¢ J¢wisb Community Limite R¢port of the Trust•¢s for th¢ year ended 31 De¢embor 2023 Th¢ tru5¢e¢s who are also dir¢¢tors of the ¢harity for th¢ purposes of th¢ Companie5 Act 2006, present their report with the financial ststements ofthe charity for the year ended 31 December 2023. The trLLse5 havc adopted the PIOV15LI)ns of Accounting aT¥J Reporting by ClJaritie5.' Ststement of Reconunendtd Practice appliGablt to ihatitses preparing th¢ir aGLounts in accordance with the Financi Rwrting Standard applicable in th¢ UK atxl R¢public of Ireland (FRS 102) (effe¢tiv¢ l January 2019). 0ECTIVEs AND ACTIVITIES Objt£tives gims Objectlves The principal objectsv&s of the charity are to advance the bclicfs and value8 of PTogr¢s5iv¢ Jud4ism forthe benefit of the public and to provide, maintain und w on a plac¢ or plac¢& of worship tsn behalf of the member synagogues and to ndwt aciiviti¢s wnsist¢nt with the obj¢&iv¢s of the three member syrtagogues. Acthrfties The charity provides a Tge af reli8iOUS 8nd LxdturAI activiti¢s. Public belleflt Th¢ ¢harity ¢arri¢5 Out a wide rang¢ of activiti¢s in pursuan of its tharitable ain. The trustees consider that these activities provide benefit to both community members and the wid¢r ¢ornmuDiti¢s of Stanmore. Pinner, Bushey. Harrow and sum)undin8 are&s. These activities include the provision of for its constituent synagogu¢s for religious worship, reli8sous education forlK)th childr¢n alld adults, inteTrfaith dialogue. a wide range of ¢u]thral activities such as music perfom)ances, iM)ok and film ¢lub¥ art and Fthotography Up5, community care and supwjrt for the welfare of members of commuruty FINANCIAL REVIEW FiDan£ial pItiO The position of Mosaic Jewish Connnunity Ltd (MJC) &4 at 31 Decetnber 202.3 is sd out in ihe atiached balance sheet on pa8e 4 and financial results for year e[ed on that date are set in the sthtement of financial adivilies on page 3. Followng the completion of new PT¢mises at Halsbwy Close, Stanmore, at the end of October 2022, and the recnJithKnt of additional staff in order to ffleet the ed5 and requiremtnts of the thret ¢ommunities making up MJC, there has E¢¢n a signifirt Erease in expenditure. However, expenditure is allocated to and recov¢Ted from the thr¢¢ ¢ommunilies th m&k¢ up MJC 8nd therefore, only minimal in¢xM]¢ or ¢xpenditur¢ 15 r¢flKLed iTh the accounts and no surplus or deficit is g¢ner¢d by its finan¢ial adivitie5. FUTURE DEVELOPMEN15 Th¢ charity will continu¢ to rnatntsin and extend its relationship with Mosaic Refornj. Mosaic Masorti and Mosai¢ Liberal Syna8ogues RUCYURE, GOVERNANCE AIYD MANAGLMENT Govrning document The charity is controlled by it5 8ovemin8 dtKurnen¢ a deed of trusL and ¢Onstit¢S a limit Company. limited by guararrtce, as defined by the Companies Act 2006. Recruitment 8ppointDTent of ttew trnste Trustees are iecruited from existing members of the three synagogues make up the ch8riry. Organi110] strnctsr¢ The charity trustees are re5PODsible for the genern] control nmnagement of the a)lty. The trustees ¥iv¢ th¢ir tim¢ freely And receive no remuneration or other fin8JKial benefits. Th¢ trws1¢¢5 will nornwlly meet together as a body Te¥ularly AS a board. In addition, the chprity also holds fl General Nfreting of its Cornpany Memb¢rs arnl Congregont Members on atl anll1 basis. The board is responsible for all de¢isions taken in relation to nmnin8 the charity and its activitie5. To assist in the smoth running of the ¢harity. th¢ trwttts will appoint additional rnembers of the board who will help to oversee certain aspects of the charity's work. Page I
MosAie Jewish Commllnlty Limited RepDrt of the Trustees for tbe yur ended 31 Deeember 2023 STRUCTU1 GOVERNANCE AND MANAGEMENT kndu¢tioo #Dd ot n¢w ¢rnstees Following ele¢tion and appointm¢ni new trustees are introduced to their role and 8uidance on the tx)licies and pn)cedures adopted by the charity. They ar¢ given a role on the board to rcpre&ent a particular aspert of the chartty's activity. Ri4k mlllfigemellt The tnjstees have a duty to identify and revi¢w th¢ risks to which the charity is exposed and to ensure appropriate ntrols Ire in plaee to prowde reasortable A&surance ag&inst fraud and error. Thc Board is in the presS of revising its Risk Register to reflect the mat¢iial change in the charity's circwnstances in OCtor 2021 the charity tsN)k occiytion of its building at laHalsbury Clos¢. stanm¢ Hill. REVERENCE AND ADMINISTRATIVE DETAIts Registered CothpA#y Umber 08825132 (England and Wa]es) R¢glgt¢rnd Ch*rlty llber 1157109 Reghttred offlee la Halsbury Close St8nmor HA7 3DY Trust9 Ms A L Cohen E R Lucas (resigned 22.11.2023) L S Chadwi¢k A Cohen A H Grant Ms E P Glass D A Leiblin8 Mr5 R Hart (resi8ned 23.5.2023) J P F¢ldman (resigned 18.10.20231 MT5 M A I)re {resied 282.2023) D PollLk G Ross P Austin (appointed 22.1 I.2023) Mrs G Goldsrnith (appointed 18.10.2023) Company Secretary J Highfield dependent Roslmi Prajapati FCCA Grant Harrod Lernwn Davis LI Charrered Accountants 1st Floor Healthaid House Marlborouyh Hill Harrow Middlesex HAI IUD Approv¢d by order of the board oftrust¢es on.. Page 2
MoJait Jewlsb Commllnlty Limit¢d R•port ofthe Trnstees for tbe year ended 31 Detember 2023 D Poll8k Page 3
lodepelldeAt EMiner'S Report to tIL¢ Tntsteej of Mosaic Jewish C'omJDunity Limhed Indep¢nd¢nt ei¥rniDerf¥ rert to the trustees ofmotsic J¢wish Comrnunity Limited Cthe Cowp4ny') I r¢port the eharity trLtees on my ex8minatton of the accoutts of the Comparty for year ended 31 December 2023. Reyponsibiliti¢s •Dd basis of ryrt As th¢ charitys trugteeg of the Company (018] its directh for th¢ pu19¢S of rnPany 14w) you are r¢spoMibk f( the preparation of th¢ a¢¢(Huts in w¢ordattce Mith the rw4uirem¢nts ofthe C¢)mparties A¢t 21)06 (Ih¢ 2006 Ad). Having s8tisfi¢d my8elf th8t the of the Company are nc required to be audtted under Part 16 of the 2006 Acl aTKI are eligible for independent examination. I r¢port in respect of my examination of your ¢h8ritys cOunts as carried ou¢ ullder Section 145 of thr Chariti&8 Act 2011 2011 Act?. In canyin8 Qut rny ¢xarnination I have followed the Dir&xion$ givenby the Charity Conllnissic Lll¥J¢r Se¢tion 145(5) Ib) ofth? 2011 A¢L 14d¢p¢nd¢nt ¢K•mlB¢r'$ st•t¢m¢nt I have cornpleted rny examin&tion. I confirm that no matters have to my attention in coJu]rftion i*ith the examiltion 8iviDg tllc Cause to believe: accountin8 recor&8 were not kept in rw of the Company &s requi1 by S¢¢tion 386 of th¢ 2(X)6 A¢¢ or the accou[ do not accord those rccords,. or thr accoutts do not Comply with the accouthing requirenthts of Section 396 of 2(M)6 Act otkn than any Tequir¢m¢nt that the accounts give & INe and fair view Mthi¢h is not a mfftttet eonsidered as pirt of art independent examination: or the accounts have not been prepared in aecordance wtth the methi)ds and prirt¢ipl¢s of th¢ Statement of RMmended Prn¢tic¢ for acoountin¥ and rcporting by ¢lJariti¢s (applicable to cFAritiu PTq>aring their wowits in &r&t£ with the Financial Rewling Sts[ard &pplithl¢ in the UK and Republio of TrelaJMJ (FRS 102)). I h&ve no concerns and have come acro no other matters An connection wtth the ex2mitMtiottio wbl¢h attemion should be draw in this re in order to enable a proper Unde[thi of the accounts to be rehe R091mi Prajyti FCCA Grant HATrod Lernwj Davis LLP 1st Floor H¢althaid Hou5¢ Marlborou8h Hill Harrow Middl¢sex HAI IUD Date. ../0..$.1.2%Y . 8e4
Mos8]¢ J¢wiJh CommuNity Limited Sitem¢Dt of FIDnelal Actlvltles for tht year emdEd 31 DeCeber2023 2023 Unrestricted 2022 Total funds Notes INCOME AND ENDOWMENTS FROM Other actiTritie5 30.803 9.071 BAising fuDJs 9,362 6.476 Chgritsble ac¢lvltles Charitsble activiti 22,041 1595 TotAI 31.403 9.071 NET tNCOMEI(EXPKIWTfuRE) (600) RECONCILIATION OF FIJNDS Totsl thd5 brought forrd TOTAL FUNDS CARRIED FORWARD (6) The notes fomi part of these finJaI Page 5
Mosaie Jewish ColnmmIty L4Jnit¢d Balance Shttt 31 Decetnber 2023 2023 Unrestricted fimd 2022 Tots] ful$ CURRENT ASSETS Deblors Cash bank 2,413 28,810 10.661 7,474 31223 18.135 CREDrroRS AtWUDts falling due within one ye4r (31,823) (18,135) T CURRENT ASSETWIABILITIES) (6001 TOTAL ASSETS LLSS CURRENT (600) NET ASSETSI(LLIBILITIES) (600) (600) TOTAL FUNDS (600) The charitable Company is entLIl to excmption from audii der S¢¢tion 477 of the Companies Act 2006 for th¢ year endr4J 31 Dmber 2023. The mernberB have not requira the company tts obtain an audit of its fInala1 statements fur the year ended 31 Deccmber 2021 in accordance with Section 476 of the CornpanieB 2006. The bi]stee5 acknowledge their responsibilities for {a) ensuring that the ¢hari¢abl¢ comFally kreps a¢18 IordS that comp]y with SECtiotLs 386 and 3¥7 of the Companies A¢¢ 2006 and (b) preparing financial statements which giv¢ a aDd fair view of the st&tr of tffairs of the charitsble company &8 t the end of EaGh fhnan¢ial year and of its Surp1 or d¢fj¢it ft*r each financial year in aecordance with the requsrtments of Se¢tions 394 and 395 and whith othen¥is¢ compty wtth th¢ requirements of the Companies A 2006 relatins to finanoial 5tstements, so far as applib]e to the Charitable company. The8e financiftl statements have b¢en prepared in aecordance with the provi8igns applicable to charitsble compani¢8 subjeet 10 the small Companies regirne. The financial StateMts were approved by the Board of Trustees authori5vJ for issue IS...Vn%..lo2a-and We $i8d on its behalfby.. D Pollak- The llokes ftimi part of these fin8ncial stateTrKnts Pag¢ 6
Mo$4Rc Jewish Commwnlty Limited Noles to tbt Ffn8nti81 Statements for Iheye&r ended 31 Det¢mbtr2023 AccoiNnNG POLtaLs B&$ls of preparlng the fln$frttsl $lt¢m¢nts The financiai aternents of the charitable eompany. th1¢h 1$ A public b¢n¢fit entity uoder FRS 102, hove been PrePad ill a¢¢ordanc¢ with the Ctwities SORP (FRS 102)'Aecountin8 and R¢porbng by Charities: Statement of Recommended Practic¢ appl]ble to ch8rities prepBring thetr accounts in accordance wilh the Financial Reporting Standard applicable in th¢ UK 8nd R¢publi¢ of Ireland (FRS 102) (effective l Jattuary 2019),, Financial Reporting StsThJard 102 The Finaw[ R¢portin8 Standard applicable in the UK and Republic of Ireland, aDd th¢ Cvmpanies Art 2006. The financial stat¢ments hav¢ be¢n pr¢par¢d under th¢ lustorical st ¢(ivcntion. IDcon A]1 it)com¢ is Te¢ognised in the StatErnent of Firwicial Activitses on¢¢ the ¢haTity has entit]¢n)ent to th¢ funds. it is probable that the income will be received and the amcrtmt can be m¢&8wcd reliobly. Espemdiknre Liabiliti¢5 are re¢0[$9 as expendIre as soon as there is a legal or constructive obligation cmnnuttin8 the charity to that expenditur4 it is probable that a transftt of economic benefits will be required in sdtlenrnt and the anLount of the obli8atiOll ean be me48urcd reliably. Expenditure is a¢VAted for on an &Tual$ basis )d has en ¢lassified under hcadin8s that awegate cost related to th¢ ¢&tegory. Where costs cannot b¢ dIrdY attributed to particular h¢adings they hv¢ beell allocatsd kn aLvitieS on a b85iS COll&tsteut with the of Tw¢lon The charty is exempt from wrporation tax on its charitable aciivities. Flllld *c¢ou#tirtg uteStricted funds Can be u5cd in accordance with the charitable objertiV¢5 at the discretion of th¢ trwte¢& Restricted hnds can only be used for particu18r restricted purp)ses within th¢ objecrs of the clwity. Restriiaions arise when $ified by the doTh)r or fimds are raised for particular restricted purpostg. Further explanation ofthe nature 8rhJ purpose of ¢ath fimd is included in the notes to the financial statement OTHER ACTIVITIES 2023 2022 Advertisin8 Lncome Fundraising activittes Donations H811 hire 1043 13.649 11281 3.830 75 7,903 1.093 30,803 9,071 Page 7 continu...
Mosalc Jewish L4mited Notu to the Stt¢nhwts- tontinued ror Ibe yur eded 31 Dttemb¢r 21 TRusfEE& REMUNERATION AND BENEFll3 Th¢re were no tN8te¢s' remuneration or oth¢r benefits for the year ended 31 December 2023 nor for the ycar ended 31 Decernber 2022. Trustees, exptths¢s Thur wer¢ no trustees, expenses paid for the year ended 31 DeCemr 2023 Mr for the year ended 31 Deeember 2022. STAFF COSTS The average monthly number of employees durin8the year was as follows: 2023 2022 Support staff No ¢mploy¢¢s rrx¢iv¢d emolumcnts in exce&s of £60.(K)O. COMPARATIVES FOR THE STATEMENT OF FINANCtAL ACTIVITIES Unrestric*d fimd INCOMF. AND ENDOWMEN]5 FROM Other a¢tivitie5 9,071 EXPENDITURE ON Raising 5Jnds 6.476 Charitable activitl Charitable activitie5 2.595 9.071 NET INCOME TOTAL FUNDS CARRIED FORWARD DEvfoRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 AUnts owed by group undertakings Other debtors Prepayrnents 1235 7.941 485 1.977 436 2.413 10.661 eontinued...
Mosaic Jewigb Cowmllthity L4mittd Not•s to the FlnAnclAI Ststennts- eotttliued for the yer ended 31 December 2023 CREDrroKS: AMOiJNT3 FALLING DUE WITHIN ONE YEAR 2023 2022 Trade Creditors Amounts owed th 8roup Undertakin85 So¢i81 security and other tsxe5 Oth¢r creditors ACced ¢xp¢nses 1.134 25.976 3.167 1.875 591 1,902 1680 31.823 18.135 MOVEMENT ll¥ FUIYDS Net movement in filnds At 1.1.23 31.12.23 Unre9triettd hlds General fimd (600) (600} TOTAL FUNDS (600) (600} N¢t mov¢m¢nt in fi]nd4 included in the above are as follows: Incoming Resources Movement expeThJed Uttrestricled funda Generni fund 30,803 (31,403) (600) TOTAL FUIYDS 30,803 (31.403) {6) RELATED PARTY DISCLOSURLS There were owin8 to th¢ wn8titsxnt metnbers of the charity totalling £25.976 {2022'. £12,633) and any)unts owing from cortstituent m¢mb¢rs of the charity of £NtL (2022.. £2235). Page 9