REGISTERED CHARITY NUMBER.. 251172 Report of the Trustees and Flnancial Statements for the year ended 31 December 2023 for Mosaic Llberal Synagogue
MOSAIC LIBEIiAL SYNAGOGUE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTEiirs Page Report ol the Trusts&s Independent Examlnefs Report statamenl of Financlal ActrtIeS Balance Sheet Notes to the Ilnancial ststsmenls 7-13
MOSAIC LIBERAL SYNAGOGUE Report olthe Truste lorthe yw ondgd 31 D¢¢omb•r 2023 The twstee5 present their report with the fin8na8151atements ol the ¢harity for the yeor ended 31 DKember2023. The tru31ees have adopted the provisions of the Stslemenl of A¢¢ounlin9 Jnd R&portirvJ by Charstios.. Statem&nt of Recomrn8nded Practice applicable lo charities preparing their 8ccoLmts in Bccord8nc& with th8 Financial RewtlrKJ Stsndar(l applKJle the UK ?nd RepulAi¢ of treld {FRS 102118ffth8 1 Janvary 2019). REFERENCE AND ADMINISTRATIVE DETAILS Reg15tered ¢harlty NumboT 251172 Prfnclpal addr•$s la Halsbury Close 65 Stanmore Hill Middles•x HA7 3DY Trustus Icouneil M•mb•rg) Mr. A Cohen (Chaimanl Mr D Brown MrPHart Mrs 8 Le¥An Mrs M Lubert Ms L Paice Mr S SaTrJerson Mr. K No o)uncll member receed any remunwalion fcy services as a member of counc¥l. Independent Examiner Grant HaT Lerrnan Daws LLP Custodlan Trustee$ Mr. M Shelton Mr. A Solomon (Appointsd 18th JarvJary 20241 Mr. P Z8tz Honorary Pr•sld•nt Mr. H Sandgrson Honorary Vlce Presldents Mr. A Cohen Mr. S Sanderson V Shreir Mr. A Sdomon Rabbl Rabti Rachel Benjamin STRUCTURE, GOVERNANCE AND MANAGEMENT Governln9 document The tharlty B corbtrdled ty ils govemiro docurnenL a deed of Irusl. and nstitUteS an unincorporeted chowity. Rgcruilment and appointment of new trustees Trustees 8r recrult8d from 8XiSting fflembe¥5 of thè Synagoguq. No m8mber can be nornlnalfd lor Counrll unless he QF she has L*en p Memb8r for at least one year. Al poiential tr¢Jstees musl stand lor eledion 01 Ihe Annuol General klegting of the Synagoyuè. Each olèded memberof the Covncil shall serve for a m8xirnum perN)d of 2 years and must then retira at the next AGfv1. but 2 retlrlng member of the Council shan bè eligible for re4ecticx). Induetlon and tralnlng of n•w tru$t•O8 Followlng el8ction Ènd apptsntmenL new trustees are introduced to their 105e and given ¢oples of the Synagogue's Constrtullon. and guldan¢e on the poh'des and procedures adopled by thè Synagogue. They 8re nom)ally glven a role on Councll lo represent B par10¢utar aspect of synagogue ectfvity-
MOSAIC L18ERAL SYNAGOGUE R•pvrt ollhv Trust••s for th• yvar •nd•d 310e¢•mber 2023 Icontlnuedl Or9anlstlonal $lru¢iur• The charity Iwustees are responsi& for the general ccfitml ond m•na9ement ofthe tharhy. The trustses olve thelr tTh8 Iety ano recelve no remuneTalDTr oroth8r fina8% bongfrt6. The trustees meeltOg•lher 8$ 8 body monlhly a8 a Cwndl. exc8Pt Augusl. In addition. irt Aprll or May the charflls Annual General M&8tSw I'AGWI Is norrnal held. The CovThdl l¥ fgSFonslble all d8¢+sion$ t8k•n in f•latn lo wnnSng the Syna909 Ils ÉcMlles. To a58isI in th8 srnoolh rumkng ol the charty. the trust88s hav8 58t up a nuffll of sub-tr)mmittees that help them oversee certain aspects ol Ihe sagOgu.$ work. suWmmlttèOS repDrt badl with tholr rKommendati(m$ to the Cwncil m8etings of th¢ trustees. Rlsk rnanagwngnt The Iw8tee5 have a duly to hlentlfy ttnd reviewthe risks to whlch thè charfty i% exFh)sed and to en$urg approwiate controls 8re In pl8ce to provide reasonable aSSUTarte ty3¢Dstlroud emjr. OBJECTIVES ANO ACTMTIES ObJèGtlves The pNKipo1 objecoves ofthe Synagogué arè to wovide, maintgth and cary rm a KAaca Of pfacas of worshlp and to advanL Llbwal and Progressive Judalsm. Actlvlti Th8 sagOgue provid¢s a rwe ol relvJious and cullural ath'vitios. FWANCIAL REVIEW Fh)•n¢l•l Poshlon The firsgncSal posltkjn ol the Sy)ag0gue as 0131 Dember 20231$ Bet out In tho 8tt8thed balan¢e shaol on page 6 8nd the financid resutts for the year ended on that Ilate are Set In the $t8tem8nt of finala1 tafvibes OTr 5. The twsteès ennshyer the ¢harity to b8 In a finan¢1811y healthy poslbon. Inveytment policy and obiedlve8 Following the sale ol lis freeho property in 2011 an STrvgsimgnt sub-¢tmmfjttee was formed. The purpose of the suMille Is to arrange, control and rnonllor Ihe Inv8slmerbl of the net proceuds ol sale. These prcr2èds have been Invested In professionalty mana98d knds e$12blthed for inve5trnent by charilles. The inv8Stm•nt polry Isubjtha to re¥iew bytha suttMMIttee from tim¥ tr) timel 1$ to invest ¥prmate 70% ofthe lunds ffixed e¥l Becurfles Bnd approetelY 30% In equSt50s lrnw fuThJsl. The sUL>amlI1a8. which n0rn7ally meets vIGe a year, rep¢y15 to Coun¢1 on rforMant or the chosen investments. Re8¢rv•s poll The Syna90gue holds 6ulfideni reserves lo en6we that it Can continue to OP8ral? and m$el lh¢ needs of membvr5 in thv ev¢nt of unforeseen and p)tenlialty damaging linarKial orcumstances. A rninimum of 12 monlh¥' operating ¢osis orè held In rèsèrvè. In addltion, the Sythagegue retalns suffic46nt r8serye6 to cover the lull costs ol lunerals for foroseeabb lubJro. Tho ¢osI of ts89 ccfflbed arncyJnt to circa £0.5m. A furthereonbngew reseN6 of£O.25m vlll be talittl. 7ho Trustees aor•• that th• curibt level ol reserves are suffiCt to cover a¥Ve. The levd of reseryes Is wlewed anThJ8lly by the Trustees in order lo ensure that the ¢harilablg purpostts ol SagOgue may ba CLffjllnued. Trlls poltywl be reviewed and updatocl in Ilne wth crItY CommY85ion 9uidance. FUTURE DEVELOPMENTS The Syn4Dgue 1$ part ofa 3-W8y eommtr)ity ealled'mosald. Mosalc Jewsh C?mmynity Lid, whlch comw¢&e5 Mosal¢ RefoTrn. Mosaic Ma30rb and Mps?ic Lberal Syna909u&s. is a MpanY1Mited by guarantee and a tharity regulated by th? Charty CommissK)n. The 3 SYnty0gL. now lOcated are part of a loinl rel10 school. w joint $erwces for minor fe$iNals, share admlnlstrabv• fund¢M gnd run rnuwe events together. Mosaic R8form Synagogug sold its prèmisos Bt 39 B$boroUgh Road in 2021. In Dgcemb8f 2022 completed th8 bulldlng of a new Synagoguè at 13 Hatsbury Ck%e, 65 St8nrnore 11. Thesè new MIseS are shared by the 3 Synagogues of Mosal¢ J¢wlsh Communlty. Mosaic Lb8ral 1$ 8 Ik8nBee to M05alc Jewish Ccthmunitywho thernse$ ka6& Ihe Irom Reforni SyTW9ogue.
MOSAIC LIBERAL SYNAGOGUE R¢port of th• TtaeS for the year end 31 D•¢8rnb•r 2023 {contlnued) PUBLIC BENEFIT The charity carlles out a wide range of aclivsiies in pursuance of Sis charttable alms. The trust consider that these activities provide benefit lo bolh synagogue Members and the wider communitles of Harrow and Wembley. These activities include iebgious worship. MMeMor8110n and cel&braiion of fesllvals. 8 fun&r81 scheme, marriage ceremonies, religious educatbn for both children and adults, Inter-f811h dialogue. book and film clubs, art and pholography groups and dlscussnns about. and support I. the State ol Israel. STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees are ro$ponslblg for preparing the Report ol the Tru8tee8 8nd the financial slatem&nls In accordance with applicable law and Unll¢d lQngdom Accounllng Standards (United Generally Accepted AccoLtnthng Practice). The law applicable lo chariknes in England and Wales. the Charities Act 1993, Chority (Accounts arKI Reports) Regulations 2008 and the provlslons of the trust deed. rèqulres the trustees to prepare finaneiBI stslements for each financial yeai which give 8 tNe and falr vlew of the stale of affairs of the charity and of Ihe Incoming resources and application of resources, Including the income and expénditurg, of the charity for th81 pericd. In Fyeparfny those financlal statements the Iwslees are required lo: sèlect sullable accounllng pollcles and then apply them conslstenuy, observe the methods and prlndples In the Charities Statement of Recommended Piactiee ISORPI" make judgements and estimatès th8t gr8 r88$0nable and prudent; prepare the financSal stalernenls on the going concern basis unless It Is inappropriaie lo presume that the tharity will continue In bu8ines8. The Iruslees are responsSblè fur keeping proper accovnllng records which di5dose vAth rea8on8ble accuracy al any time the finanaal posllion of the charity and lo enable them to ensure that the fin8na81 stslemonts compty wth the Charitles Act 1993, the Charity (Accounts gnd Rgportsl Regulations 2008 and the provislons of the trusl deed. They ale also responsible for safeguarding the asgets of the charity and henGe for taking reasonable sleps for the prevention and detection of fraud and other irregularities. ON BEHALF OF T COUNCIL MrA Cohen- Twslee 27-M8r-24
MOSAIC LI8ERAL SYNAGOGUE REPORT OF THE INDEPENDENT LWIINER TO THE TRUSTEES OF MOSAJC LIBERAL SYNAGOGUE Ind•p•nd•nt examinevs report to th• trustèès of Mosal¢ Llberal Synagoguè I report to the charity Iruste8s on my examlnatlon ol the accounts of Mosaic Liberal Synagwue for thg yeBr gnd&l 31 Oe¢emb9r 2023. Re5ponsiblliti¢$ and bas1$ of rep¢rt As Ihe chartty tru3te95 of th8 rrttsl you are Tesponslble for lh8 preparaUt oflho aots In a¢¢ordance wllh the requiroments of th¥ Charlk$ Act 2011 fthe Act"). I report In respect ol my 9¥8minath)n of tha Trusl's accounts cwried out under sectbn 145 01 Ihe Ad and in catyng out my eKarnlnation I have folkn¥ed all appllcabl6 Dlrecuons glven bythe Charfty Commission under $8dton 14SI5} of the ACL Indèp•nd•nt •xaffllner's statem¢nl I have rnpleted ryy 8xaminaliDn. I confirm that M m8tarial mallers have lo my attenl¢on In rn with th8 ex#mation 9ivirvJ m8 tr*Jse to b81S&ve that In any mal8ral ie4)erl". actounting recrdS were not kept in re¥wl ofthe Trust M$ requlred by 8eclon 130 of the Act: or the accounts do nol accord wilh thise re¢ords'. or tho accounts do not comply th Ihe applicable requlr¢m9nts Concemlng the form ¥nd eontent of aCUnIS sel out In th? Chariti¢$ IAc(yJunt5 ond R•portsl Regulalion5 200B othgrthon ony requiremen18 tho1 th¢ a¢Unts give a trutr and fairview whlch is not a matter ¢on5klered as part of an IndependeAI eumholon. I have no cDn¢ems and havè com• auoss no other matlers in connection wrfh thè exaN4nation to whith attentton should b8 drawn in this rep)rt in order to enabke 8 Proper understAndSng of the aecounts to be Jerèmy Harrod FCCA Charter& Certified A¢untant Grant Harrc4J Lerrn Davis LLP Chartered Accountants 1st Floor Healthald House Marfborough Hlll HaoW Middjesex HAI 1UD D81e.' 11 LY
MOSAIC LIBERAL SYNAGOGUE Statemènt of Finsn¢ial Activtties for the y•ar èndod 31 0•C¢mr 2023 2023 Tot81 Funds 2022 Total Fund3 Vnrestrkled Funds R•strtcl8d INCOMING RESOURCES In¢oming resources from g¢nerat•d fund5 Voluntsry incL)me Investmont Income Other incoming Rsottrtes Totsl In¢vmlng R8sOlI 110,651 66.847 12,628 123.278 66,847 132,570 56.819 177.498 12.628 190,126 189.389 RESOURCES EXPENDED Charltsblp acllvltle$ Dlwl charftabk 8xpendituro Adminlstratlon costs other reBour3 expended Total resourc •xp8ndod 20,782 207,045 40.336 61.119 207.045 54.522 151,645 227,827 40.336 268.163 206.167 NET INCOMINGIOUTGOING RESOURCES 40.329 .27,708 .78.038 -16.778 RECONCIUATION OF FUNDS Totsl fvnd¥ brought forward 1,448,098 307,615 1.755.7f3 1,772,491 TOTAL FUNDS CARRIED FORWARD 9.90 1,677.6 The note$,form part ofth¢s• Inandal slatements
MOSAIC LIBERAL SYIIAGOGUE Balancg Sh¢ At 31 D•mber 2023 2023 Total fuTrJs 2022 Total funds Unr¢¥trkted funds Rgstrfcted funds Notes FIXED ASSETS Tang19 assets Investrnents 9,407 1,330,120 9,407 1,604.055 10,881 1.695,Q)O 273,936 1,339.527 273,936 1.612463 1705 881 GURRENT ASSETS Debtors Cosh at bank 10 2,000 64,256 2.OfJ) 70,227 4.616 51,093 5.9Y1 66,256 5,971 72.227 55,609 GREDrroRS Arnounts falling due thIn one year 18,0141 1&0141 15.7771 NET CURRENT AsseTS 58,242 5.971 64,213 49,832 TOTAL ASSETS LESS CURRENT LIABIUTIES 1.397.769 279.907 1.677,675 1.755,713 CREDITORS Amoynts lalllng aftermor• than one year NET ASSETS 1,397.769 279.907 1.677,675 1,755,713 Fund$ Unr6$trkted Re51rfdod 12 12 1,397,769 279,907 1.448.098 307.615 1,677.675 1.755.713 n¢Sal stalem 'wère approved ty Ihe Board olTruste•s on 27th MaTeh 2024 and wprè Sign on its behalf by MrA Cohen- Twustee Ch8im)an not•$ftyx) pqrt ofthgsq financial alat0men16
MOSAIC LIBERAL SYNAGOGUE Not•s to th• Flnanclal Statsm•nt8 for the y•ar •nd•d 31 D•c•mbor 2023 ACCOUNTING POLICIES Basis of pr8parlng th• finan¢lal $tatem•nrs The ffinand81 slalgmonis h8ve b1 wepared under the historic85 cost convtrnlion. The finanual slatgmgnls have been prepared in accordance wllh the Statement of Recommended Pfacllce on Charity Accounts. Accountlng conventlon Tho finan¢lal stslements hove been prep818d under th8 hislorlcal cost convenllon. Incomlng Rasourc•s Subscriptlons are 8hown in Ihe Accounts as the cash Is recelved. Traatment of ¢Jtpendlture All expendSlure is accounted for in the perk4J for which il is incurred. Tanglbh fixed assèts Depretyallon Is provid8d on all tangible ftxed assets al rates calcuted lo write e8ch 8sset down to its estimated residual value evenly over its expectad u$&ful lifg as folk)ws.' Fltlings and equlpment CompLtlers 12.5% on a reducing balance 33 113Vo of cost Taxation The charity 1$ ex8mpt from tax on Sts ch8ritable adivities Fund accountlng Unrestrfcted funds can ba us8d In accordan¢9 wlth Ihg ¢h8ritsblg oblodvgs at thg dlscr9tlon of Ihg Twslees. Reslricled funds can On be use(1 for partlcular reslrfcted purposes wlthln the objects of the charlty. Reslriclions arise when $Ified by the donor or when funds are raised for partlcLtlar restrieted purposes. Further explanation of the nalvre and purpose of each fund is included in the rKstes to the finantial Stalements. Pension costs and other pOstet1reM¢nt beneflt¥ The charity opeiales a ¢Yefined ¢¢trIbutiOn pension stheme. Contriblon5 p8yobie to the charills pension scheme 8re charged to the Slalement of Financial Activities in the per to which they relate. Investments Investments are stated ot the lower ol c051 and market value in 8ggregale at the year end dale.
hlOSAIC LIBERAL SYNAGOGUE Not•$ to the Flnan¢lal Ststemenls- ¢ontlnued fgr th9 yaar gnded 31 D¢cgmber 21123 2. VOLUNTARY INCOME 2023 2022 Grft Aid and Covenant RefurKFs othfjr Synagogue adiviti8s Funeral scheme income Subscriptions Charities fvnd donations Donaled servicts and fac41itie6 Other Donations 14.749 14,091 476 4.243 92.509 8.160 4,398 98.144 8.230 3,113 123,278 13.090 132,570 3. INVESTMEMT INCOME 2023 2022 Investrnènl Iorne 66,847 ,819 4. CHARITABLE ACTwinE8 COSTS Dtrecl cosls Support costs {Se8 note 51 Totals Direct charitable expenditure Administr81ion costs 61,119 61,119 207,045 268.163 207.045 207.045 61,119 5. SUPPORT COSTS Management Adminislralion costs 207.045 6. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remunerallon or other benefits th6 year ended 31 December 2023 nor lor the aT endod 31 December 2022. Trust8gs' Expenses During this perbd, a lotal of £291 was relmbursed lo 2 trustees for expenses Incurred.
MOSAIC LIBERAL SYNAGOGUE Notfrs to th¢ Flnanclal Statemonts . ¢ontinu for th• y•aT ended 31 December 2023 7. STAFF COSTS 2023 2022 Wages and salaries Social security costs Other pension costs 80.331 8.506 6,964 95.800 77,914 7.795 6,029 91.737 8. TANGIBLE FIXED ASSETS Fixtures and Fittings Computer Equipment Totals COST Al 1 January 2023 Addllions Disposals 12.194 454 12,647 At 31 December 2023 12,194 454 DEPRECIATION At 1 January 2023 Charge for year Dlsposa15 1.616 1.322 151 151 1,767 1.474 At 31 December 2023 303 NET BOOKVALUE At 31 December 2023 9.256 151 9,407 Al 31 December 2022 10,578 303 10.881
MOSAIC UBERAL SYNAGOGUE Not•s to the Flnanclal Statements - tontlnu•d forlhe y•ar •ndèd 31 Dec•mb•r 2023 FIXED ASSET INVESTMENTS Listed Inv8Stmenls COST At 1 January 2023 AddOn8 Disposals 1,695,0 {90,945) At 31 ernber 2023 1.604,055 NET BOOK VALUE At 31 December 2023 1.604,055 At 31 December 2022 1,695,000 There were no Investment assets outside the UK. The Investments had a markel value of £1,979,642 al 31 D¢cember 202312022.. £1,994,578) 10. DEBTORS. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Prepayments Other debtors 516 4,000 4,518 2.000 2.000 CREDITORS: AMOUNTS FALLING DUE MTHIN ONE YEAR 2023 2022 Ta¥ation and Social Security Olhei Cfedilors 1.944 6.070 8.014 2,202 3,575 5,777 10
MOSAI¢ UBERAL SYNAGOGUE Not¢5 to tho Flnan¢lal Statqmont•. conWnv•d for thg y•ar ¢nd•d 31 D¢¢¢mb¢r2075 12. MOVEhlENTIN FUND8 Net m0veffnt In lund5 Al 1.123 At 31.1223 UnrostTictgd Fund8 8neT81 ftjnd Youth 8nd Israd lund Trnnsporf ond aty8rylund Communiiydevèl(pmenl luDd 1,408,523 8,188 152,0351 1.356.488 7,168 395 33,718 31,112 1,448.098 150.3291 1.397.788 Restrktfrd Funds Chadtips furKI donationB Fuwal frNpenges %h8ffl8 11,775 295,840 16,8041 121,9041 5.971 273.936 TOTAL FUNDS 1 fj77,675 Net movement In funds Included In tho above ¥e a$ follrws: Irromir¥ Rewjfces R250urGe5 expanded Movwnenl I lund5 UnrestflCt Fundg General Youih and l$ro¢1 Transport and libr8ryfuTrJ Communlty dWok)lt fund 174.892 1226.9271 11.0001 152.0351 11.Tr)0} 100 2.606 2.6( 177.598 P27.9271 150.3291 R•strfEted Fund5 Ghariiies lund donal06 Funer818xpens&$ schÈme 8.230 4,39a 114,0341 126,JD21 15.8041 121,9041 TOTAL FUNDS 190,226 1268.263.. Y8.03 Folkmlng a revi8¥Y by lh8 tw6leo8. tho ¥xpens•s $¢hme ha$ ten y&d8$ed from an UnreStrled to a Restrlcted Fund
IAOSAIC LI8EFIAL 8YNAfjOOUE Not05 toth? Flnendal Stalements-¢on¢lnued lorth• y04r #nd•d 31 Doc•mber2023 12. MOV6MEMT IN FUND8 Comparallves f+X mov•mnt In funds Net movernenl fvnds At1.122 N31.1222 Unr•strl¢ted Funds Gentsral furtd Youth and 18raelfund TransFQrt 8rKI library (und Crrnut)ity d¢¥¢topmenl fLnd 1,409.143 8.168 295 28.732 16211 1,408,523 8.168 295 31,112 2,380 1.780 1.448.098 Restrlrted Funds Charities fund donalb Funer31 exp8n68$ •m& 6,9C11 319,252 4.874 (23.4121 11.775 295,640 TOTAL FIINDS ,191 176.7781 1755 713 year 12 moTht and prforyoor 12 months cCffirt¥d noi movomefil kn hJttd$ inchJd8d In the above are as folh)vrts'. Incthno R8swr£8 Resowco eypendgd Movemeni In hjnds UnreBtrtcted Ftsnds General fvnd Yolth 8fK1 Israèl ld Transp)rtand Ilbroryfund cnmurdeveFffint1und 1T4.6D5 1175,2261 11211 2.380 176,986 1175,226 1.760 ReBlrleted Fund• charit$ donats.ons Funer •wen5•5 sthome 8,160 4,243 13.2861 127.6551 4.B74 123.4121 TQTAL FUNOS 1206.167 a Feviewbythe tW5tses, th¢ luneFJl expenses sthrr ha8 been Ttrd8s$1fd frrrtr #n Unrestr4#¢d tc+ 12
MOSAIC LIBERAL SYNAGOGUE Notes to the Flnan¢lal $totemgnts. eontlnu•d torth• y•ar •nded 31 D8MI)er 2023 12. MOVEMEKf IN FUNDS Net movement in fund3 At 1.1.22 At 31.12.23 Vnrestrlcted Fund¥ Gener81 fund Youth and Isr881 fund Tran5POrt and library fund Communlty development hjnd 1.409,143 8.168 295 26.732 152,656 11.0001 1.356,487 7,168 395 33,718 4.986 1.448,338 148.5701 1.397,769 Re•trlrted Fund5 Charitsès fund donalicns Fungral expen5 sch8mg 6,901 319.252 19301 145,3161 5.971 273.936 TOT•L FUNDS 1.772.491 194,816 1,677,67S A curranl ar 12 ThnthS and piior ar 12 morrths comtsned nel movement kn fun68 Included in Ihe abDVg 4re as fouows.. Ineomin9 Resources Resources KI0vent ID runds Unrostrl¢tod Funds General fund Youth ond Isra?1 fund Transport and 15brary fund Community develt¢)ment fund 349.497 {402,1531 11,0001 152,6561 loo 4,988 1C(I 354,583 {403.1531 148.570 R•5trl¢led Fund$ Charit5 lund donatMs Funeral expenses scheme 16,390 8.641 117.3201 153,9571 1930} 14S.316) TOTAL FUNDS 379.614 1474.4301 194,8161 FolkivAng a revlew bythe trustees. tt)e funef81 expenseB $therne has bpen rfrdassrf18d from an unrostl•d to Restrietd Fund 13