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2020-12-31-accounts

Page
Legal snd Pmfesslonal InlbrmeUon 1-2
Chslrrnsn's
Saremsnt
Report of the Directors 6-21
Report ofthe Independent Auditors 22-24
Statement ofFlnandal Actlvldes
Balance Sheet 26
Statement ofCash Flow 27
Notes to the FSMnolel Statements 2842

Ste hen Moss CBE (Chairman) (Chairman) a lnted 07/09/2010
Lord Leigh of Hurl (President a Inted 29/06/2015
David Karat ap Inted 29/10/2012 and retired 20/04/2020
Michael
Kar
a olnted 21/01/2015
Ellxabeth Crossick (a inted 29/06/2015
Shirie
Soskln
a olnted 29/06/2015 and retired 07/2020
ProfessorSer
o DellaPer
la a ointed 28 01/2019)
Professor Jonathan Haskei a olnted 28/10/2019)
Mlles Webber a olnted 17/04/2020
Hgda Worth (ap Inta d 06/07/2020
William
Ben(amln
(a pointed 06/07/2020)

Date Cgent Detag
January Dangoor Leadership Programme Presentation on
key
trends
In
UK
Jewish
(Lead, UK) community to
participants
On
UK
Jewish
communi
s leadership
tralnln
r
ramme.
Israel Ambassador to UK Presentation about antlsemltlsm
in the UKto malar
community leaders
and
donors
at
the
Ambassador's residence
ln London
UJIA Leadership Programme ILead, presentation on
key
trends
In
UK
Jewish
Manchesterl community to
participants
on the
Manchester
Jewish
community's
senior
leadership
training
o ramme.
South Manchester synagogues Presentation on key trends
In UK Jewish life to lay
and
professional
leadership
of
a
group
of
synagogues In south Manchester
working together
an a shared lan for the area.
Kenton Synagogue Presentation on key trends
In
UK Jewish
life to
synagogue
members
es part of the community's
adult education
r
ramme,
March south African Jewish leadership, Presentation of research
on
the
South
African
Johannesburg Jewish
population
to
help
Inform
community
lannln
across the coun
June European Commission working Presentation outgnlng
key
approaches
to
Group on Antlsemltlsm measuring
antlsemltlsm
as part of a pan-European
Initiative
by
the European
Commission
to Improve
research on antlsemltlsm
In all EU Member States.
July Jewish Medical Association Presentation of data
on Jewish
mortagty
from
COVID-1.9to medical practitioners
In the UK
september Central council of Jews In Germany Presentation of data
on
Jewish
mortality
from
COVID-19 In Germany,
with comparisons
to Jewish
populations elsewhere
around
the world, to help
Inform the German Jewish communl
s res
nse.
Jewish Leadership Council Presentation of early insights
from JPR's COVIU-19
survey,
attended
by
senior
leaders
of Jewish
crganfsatlons from across the community
to help
Inform the comrnu
s res
nse.
October ONce ofthe Chief Rabbi, UK Presentation of early Insights from JPR's COVID-19
su, attended
b the Chief Rabbi and his staff to

for the year ended 31 D ecember 20 20
Permanent Total Total
Note Unrestricted Rsstrlcled Endowment Funds Funds
Funds Funds Fund 2020 2019
6 6 6 8 6
krcomlng
and endowments
from:
Donagons and legartes 2 260,908 280,906 123,804
Investments 3 110,681 110,681 153,347
Chsrkable
aokvltles
4 262,216 260,615 522,831 420,949
Total Income and endowments 833,603 260,616 ~694418 698 100
Expenditure
on:
Cost of generaUng
funds:
Ralslng funds 108,905 106,905 126,644
Chsrkable
acgvkles
426,951 282,611 22,928 732,490 612,268
Totalexpsndkure 5 633.866 ~282 611 22 928 ~839395 737,903
Inveslmenl
return;
net
of reagsed and
unresgsed
(gains)/losses
14
Net Income/(expenditure) 8 99,947 (21,996) (51,881) 26,070 237,364
Transfer between
funds
19 (21,998) 21,996
Net movement
In funds
77,961 (61,881) 26,070 237,364
Reconclgatlon
offrmds:
Total funds brought
forward
352,393 2,727,766 3,080,149 2,842,785
Total funda oarrled forward 20 430,344 2,675,875 3,106,219 3,080,149
as at 31 Decemb er 2 020
Notes 2019
6 6
Fixed assets
Intangible assets 12 6,810 8,640
Tangible assets
Investments
13
14
20,489 8,621
~2793,384
2,777,877 2,808,626
Current assets
Debtors 'IR 68,783 16,181
Cash at bank and In hand 342,108 347,136
400,891 363,317
Creditors: amounts falling due
wlthln one year 16 (72,549) (91,793)
Net current assets 328,342 271,624
Total assets less current
Rsbllltles 3,108,219 3,080,149
Nst assets 20 444
13
3 3
14
Furl de
General funds 280,344 362,393
Designated
funds
Total unreslricted
funds 17 133M
430,344
362,393
Permanent
endowment
funds 18 2,676,876 2,727,766
Reslrloted
funds
19
Total funds 20 13 3, 143
(ACompany
Umlted
by O
Statement ofCash Flow
as at 31December 2020
uarantes)
Note 2020 2019
Net cash flaw from operating
actlvltles
8
~HI
8
~70
5
Cash flaw from Investing aodvtdes:
Psymenta
to aoqulre tangible gxsd assets
(19,796) (4,426)
Income from Investments 100,000 168,760
Payment of Investment
managers
fees
22,928
Net cash flow from Investing
actlvhles
188,258
Net Increase
/ (decrease)
In cash and cash equivalents (6,028) 17,708
Cash and cash equlvalenbr at 1 January 347,136 329,430
Cash and cash equivalents et 31 December 84,1
Cash and cash equivalents consists of:
Ceah at bank snd h hend 342,108 347,136
Cash and cash equivalents at 31 December 347,136

Income from investments
Unrestricted Restricted 2020 2019
Funds Funds Total Total
E E E E
General bank Interost receivable eee 1,092
Income from MCA perrrenent endowment fund 110,116 110,116 152,266
110681 110,681 163347

Uraestrlotsd Resblctsd 2020 2019
Funds Funds Total Total
E F. E E
Research pm)sets snd sales ofreports 262 216 260616 622 831 420 949
(note 19)

Tohi expenditure
Activities
Undertaken
Dlrscuy Bupport Casts 2020
Total
E
Costs dtrectly allocated to actlvtdes:
Fund raising for dorarUons 69,203 37,702 106,906
Research project costs 263,769 28,822 282,811
Lectures alki ssnllhsm 24,637 2,872 24,537
Research and organlsatlonal development costs 309629 115713 425342
657 158 186,109 839 395
The fofowlng are the support coals allocated to actlvlUsrk
2020
Total
Bad debts 760
Database 2,156
Staffcosh 61,929
Premises 51,866
General offlce costs 29,163
DepredaUon
and leasehold
amorUsstlon 7,948
Bank charges end exchange rale dUference (128)
Legal and professional 6,509
Inveslment
manager's
fees 22,928
Audllors
rercunerstlon
11,168
Amorthatlon
oftrade rcarks
830

Expendhure
on
Charitable
Activl ties:
research,
Cm or pub g catt one,
Raising meetings
&
Funda dlasemlnstlon 2019
Total
6
Costs directly sgocated to actlvltles:
Fund ralslng for donaUons 87,542 87,642
Research pro)sct coals 229,307 229,307
Lectures end seminars 27,060 27,080
Webelte and ITcosts 10,927 10,927
Database 2,046 2,046
Support costs agocatsd to actlvltles,
Staff coats 8,566 85,650
Premlsee 4,947 44,527 49,474
Research and onlenlsalknel development costs 16,284 146,662 152,836
Geneml offlcs costs 3,048 27,428 30,476
Depredegon 221 1,988 2,209
Sank charges snd exchange rale differenc 237 2,134 2,371
Legal end pmfesskrnal 1,023 9,208 10,229
Investment manager's fees 2,393 21,640 23,933
Auditor'a
rsmuneraUon
1 311 11,802 13,113
AmorUe stion 83 747 830
125 644 812259 737903
Agocagon ofexpenditure accordhg tc funds:
2020 2019
Total Total
8 6
Unrestricted funda 533,866 481,912
Reetrtcted
funda (note
19) 282,611 232,058
Permanent endowment funds 22,928 23,933
839396 737,903

2020 2019
Tetal Tots I
8 6
Legal and professional 6,609 10,229
Auditor's remuneraUon 11,188 13,113
17677 23342
7 Auditor's remuneration
2020 2019
Total Total
6 8
Audit of Ihe Charily's annual accounts 7,607 9,179
Other seNIces - pmparatlon ofUw Charitt4s annual accounts 3681 3,934
11188 13 113
8 Net Incomef(expenditure)
This ls stated after chBrglng'
2020 2019
6 6
DepreclaUon 7,948 2,209
AudUor's remurxxaUon 11,188 13,113
OperaUng lease rentals 43,470 43,470
Investment return: net of reaUsed and unreallsed (gains)tosses 28,963 (277,187)
AmorUsatlon 830 830
9 Trustees' remuneration snd ksy management personnel remuneration and expenses

Staff costs and employee beneftts
2020 2019
E E
Wages and sekuies 466,286 S94,306
Sodsl security costs 61,637 44,898
Pension costs (see note 11) 28 788 24 726
686911 483930
The number
of employees
who received total employee benefits (excluding employer pension caste of more than E60,000)
are as fogowa.
2020 2018
Number Nrsnber
E60,001 - E70,000 1 1
E70,001 - E80,000
E80,001 - 290,000
E90,001 - 2100,000
2100,001 - 2I10,000
E110,001 - 2120,000
The average number ofemployees during lhe year was:
2020 2019
Number Number
Average number
ofemployees
9 8

Amordsatlon
At 1 January 2020 1,680
Provkled
during
the year 830
At 31 December 2020
Net book value
At 31 December 2020 8 10
At S1 December 2019 6,640

13 Tangible fixed assets
Improvement
to leasehoki Fixtures and Computer
building fltungs equipment Total
6 6
Cost
At 1 January 2020 34,969 2,804 16,462 63,015
Addi6orw 17,449 2,347 19798
At 31 December 2020 52408 2 604 17799 72811
Deprechtgon
At 1 Jtmumy 2020 33,661 2,359 8,474 44,394
Charge for the year 1883 245 6 820 7,948
At 31 December 2020 2 604 14 62342
Nst book value
At 31 December 2020 18,984 3605 20469
At 31 December 2019 1,398 245 6978 8821
14 Fixed assets Investments In MCA permanent endowment fund
. 2020 2013
6 6
Fair value brought forward 2,793,364 2,668,826
investment
retunx dlvklends
snd interest 110,116 152,255
Inveshnent
rstunc Income
paid out (100,000) (168,760)
Investment
management
costs (22,928) (23,933)
Investment
return: net of malkred
and unreelised losses. (28,963) 277,167
Fair value carried forvmrd 2761 598 2793364
Historksl cost 2,217087 2 83385
Irwestmsnls
at fair value comprised,
'
Equity shares 2,239,978 2,242,602
Rxed Interest securities 392,728 218,192
Cash deposltslfunds 88,410 229,640
Properly funds 32,484 103,030
2761 698 2793,384

16 Debtors
2620 2019
6 6
Trade debtom
Prepeyrcsnts
300
6~8
1,200
1,738
Other debtors 30,890 13,243
Accrued
restricted
proJect Income 22,325
58 763 16 181
Other debtors Indudes 67,587 (20196ng) faglng due after cne year,
16 Creditors; amounts falling dus within one year
2020 2019
6 6
Trade creditors 4 487 3,811
Accrusls 12,058 19,680
Deferred unrestricted proJsct Income 10,417
Deferred
restricted
project Income (note 19) 43,483 35,148
Oker taxes snd sodal securtty costa 13,715
Other creditors 12 623 9,122
72 649 81 793
17 Unrestricted
funds
At 1 January 2020 352,393
Income 633,803
Expendltum
Transfer to restricted
fund (note 19) (533,066)
~1666
At 31 December 2020 430,344
6160,000Is designated for Project Study ofAnllsemltlc Attltudes .These funds are sxpeded lo be utllised in 2021,

Restricted
fu
nds
Transfer
(to)ifram At 31
Incoming Resources unrestricted December
e omm
sl
At 1January 2020
f
Resources
f.
Expended
f
funds
f
2029
f
Project: European Jswhh
Demography
Unit 121,107 (121,107)
ProJect. European
Jewhh Ressaroh
Archive 16,319 (28,820) 12,301
Commhslom European
Unkm
Agency for
Fundamental
Cornmhslon:
Rights (FRAI
Kaplan
Centre
for Jewish
Studies (1,713) 1,713
and Research, UCT 30,000 (40,561) 10,561
Commission: Jewish Blind end Dhabled (JBD) 2,705 (2,706)
Commission:
Commhslorr.
Lauder - School Pbrces Vienna
JW3
Monitoring
and
Evaluation
2,720 (141) (2,679)
Project 3,868 (3,686)
Commission: industrial
Dwsglnge
Boclsly (IDS)
12,274 (12,274)
Project Study ofAnlhemitlc
Atgtudes
Project: UK Jewish Research
Panel
71,824 (71,824)
Total projects end commlrugcns 260,616 282,611 21 996
Analysis
ofproject recelpbr.
Deferredl
(Accrued)
Defsrredf Income
(Aocru ed) carried
Income Project forward st
brought Income 31
forward at 1 Project receipts recogrdeed Deceraber
c
0
January 2020
f
In the
f
year In the year
f
2020f
Projech European Jewish Demography
Unit
Project: European
Jewish Research Archive
18,829
18,319
117,600 (121,107)
(16,319)
15,322
Commission. European
Union
Agenoy
fcr
Fundamental
Rights (FRA)
Commlsskn: Kaplan
Centre
for
Jewish Studies end
Research, UCT 30,000 (30,000)
Commission: Jewish Bgnd and Disabled (JBD) 6275 (2,705) 2,670
Commissions Lauder - School Places Vienna 2,720 (2,720)
Convnlsslom
Commission:
JW3 Monitoring
end Evaluation
Project
Industrial
Dwegings Society (IDS)
3,166
14,065
(3,666)
(12274)
(601)
1,791
Project
Study ofAntlsemmc
Attitudes
Project, UK Jewish Research
Panel
23,800
50,000
4 23,800
~624
35,148 246 626 260616 21,158

20 Analyshr ofnet as set s b etw een
fu
nds
Unrsstrkted Endowment
funds Restricted funds funds Total funds
E E E E
Intangible assets 6,810 6,810
Tangible assets 20,469 ~ 20,469
Invsstmenls 76,723 2,675,876 2,761,6gB
Current assets 367,408 43,483 - 4IM,891
Creditors: amounts falBng due within one year (29,066) (43,483) (72,648)
Total net assets 430344 876875 3,108219
21 Reconclgatlon
of
net expenditure to net cash flow from operating activities
2020 2019
Net expenditure 28,070 237,364
Income from investments
Amortlsatlon
of Intangible
fixed assela (110,115) (152~5)
830
Amortbagon
snd depreclagon
of tangible fixed assets 7,948 2,209
Investnwnt
retuno
net of reagsed and unreallsed (gains)llosees 28,963 (277,187)
(Increase)
ln debtors
(42,602) (8,423)
(Decrease)
/ Increase
In creditors (19,244) 24,890
Nsl cash Bow from operagng actlvlges 108180 170552
22 Leasing commitments
At Ihe year end the company had annual commitments under a non-cancellable property lease as set out below:
2020 2019
6 6
within
one year
14,404
wllhln
two lofive years
188,803
Later Ihan Ihre years 179212
Total leasing commitments 360419