REGISTERED CHARITY NUMBER: 271466
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2022
for
CONFERENCE OF EUROPEAN RABBIS
Abigail Sayagh Chartered Accountant 12 Beverley Gardens London NW11 9DG
CONFERENCE OF EUROPEAN RABBIS
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
CONFERENCE OF EUROPEAN RABBIS
Report of the Trustees for the Year Ended 31 December 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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).
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Conference of European Rabbis (CER) has been heavily involved with assisting many communities throughout Europe, in relation to a variety of projects, including preservation of cemeteries, conversions, circumcision and shechita.
Donations were also made to the Institute for Freedom of Faith and Security in Europe (IFFSE). The organisation is a new ground-breaking multidisciplinary think tank based in Munich and Brussels that will serve to secure religious freedom across Europe. Unfortunately radicalisation is on the rise, and is being manifested into the hatred of others, including violent and deadly attacks on the public and on places of worship. These factors have served to influence the basic human right of religious freedom, which is coming under increasing pressure worldwide.
The CER's Lo Tishkach European Jewish Cemeteries Initiative has continued to record and collate all known data on Europe's Jewish burial grounds in an online database, so that it is readily available and easily accessible to everyone. The main purpose of this is to preserve the historical and physical record of the graves across Europe and determine any potential threat to their present and future existence. The database now stands at over 11,000 individual records of cemeteries and mass graves.
The CER looks forward to assisting in many more projects in Europe.
FINANCIAL REVIEW
Reserves policy
The present level of reserves is adequate to support the continuation of our activities and the trustees consider the financial position of the Charity to be satisfactory.
The Statement of Financial Activities shows a net deficit for the year of £155 and our reserves stand at - £24,070 in total.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
There has been 2 trustees throughout the period. Any new appointments are at the recommendation of the board.
Induction and training of new trustees
All new trustees are given, in the view of the board, sufficient training and have enough knowledge of their specific field to understand the nature of the charity and fully comply with the charity's objectives.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
271466
Principal address
The P R Office Highgate Studios 53-79 Highgate London NW5 1TL
Page 1
CONFERENCE OF EUROPEAN RABBIS
Report of the Trustees
for the Year Ended 31 December 2022
Trustees
R Kruskal Rabbi P Goldschmidt
Independent Examiner
Abigail Sayagh Chartered Accountant 12 Beverley Gardens London NW11 9DG
Bankers
Barclays Bank Plc Portman Square London W1H 6EU
Approved by order of the board of trustees on 18 October 2023 and signed on its behalf by:
Rabbi P Goldschmidt - Trustee
Page 2
Independent Examiner's Report to the Trustees of Conference of European Rabbis
Independent examiner's report to the trustees of Conference of European Rabbis
I report to the charity trustees on my examination of the accounts of Conference of European Rabbis (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Abigail Sayagh The Institute of Chartered Accountants in England and Wales
Abigail Sayagh Chartered Accountant 12 Beverley Gardens London NW11 9DG
18 October 2023
Page 3
CONFERENCE OF EUROPEAN RABBIS
Statement of Financial Activities for the Year Ended 31 December 2022
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 2 | 69,663 | 127,143 |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Preservation of European Cemeteries | - | 15,361 | |
| Grants to Institutions | 25,000 | 117,578 | |
| Developing ritual baths in Eastern Europe | - | 9,296 | |
| European projects | 42,880 | 36,732 | |
| Other | 1,938 | 2,434 | |
| Total | 69,818 | 181,401 | |
| NET INCOME/(EXPENDITURE) | (155) | (54,258) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | (23,915) | 30,343 | |
| TOTAL FUNDS CARRIED FORWARD | (24,070) | (23,915) |
The notes form part of these financial statements
Page 4
CONFERENCE OF EUROPEAN RABBIS
Balance Sheet 31 December 2022
| 31.12.22 | 31.12.21 | ||
|---|---|---|---|
| Total | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 2,087 | 2,842 | |
| CREDITORS | |||
| Amounts falling due within one year | 6 | (26,157) | (26,757) |
| NET CURRENT ASSETS/(LIABILITIES) | (24,070) | (23,915) | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | (24,070) | (23,915) | |
| NET ASSETS/(LIABILITIES) | (24,070) | (23,915) | |
| FUNDS | 7 | ||
| Unrestricted funds | (24,070) | (23,915) | |
| TOTAL FUNDS | (24,070) | (23,915) |
The financial statements were approved by the Board of Trustees and authorised for issue on 18 October 2023 and were signed on its behalf by:
P Goldschmidt - Trustee
The notes form part of these financial statements
Page 5
CONFERENCE OF EUROPEAN RABBIS
Notes to the Financial Statements for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
3.
| Donations GRANTS PAYABLE Grants to Institutions The total grants paid to institutions during the year was as follows: Institute for Freedom of Faith and Security Tatia Foundation |
31.12.22 £ 69,663 31.12.22 £ 25,000 31.12.22 £ 25,000 - 25,000 |
31.12.21 £ 127,143 |
|---|---|---|
| 31.12.21 £ 117,578 |
||
| 31.12.21 £ 50,000 67,578 |
||
| 117,578 |
Page 6
continued...
CONFERENCE OF EUROPEAN RABBIS
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
During the year trustees expenses amounted to £NIL (2021: £NIL).
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Computer | |||||
| equipment | |||||
| £ | |||||
| COST | |||||
| At 1 January 2022 and 31 December 2022 | 1,823 | ||||
| DEPRECIATION | |||||
| At 1 January 2022 and 31 December 2022 | 1,823 | ||||
| NET BOOK VALUE | |||||
| At 31 December 2022 | - | ||||
| At 31 December 2021 | - | ||||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
| 31.12.22 | 31.12.21 | ||||
| £ | £ | ||||
| Other creditors | 26,157 | 26,757 | |||
| 7. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.1.22 | in funds | 31.12.22 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General Fund | (23,915) | (155) | (24,070) | ||
| TOTAL FUNDS | (23,915) | (155) | (24,070) | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General Fund | 69,663 | (69,818) | (155) | ||
| TOTAL FUNDS | 69,663 | (69,818) | (155) |
continued...
Page 7
CONFERENCE OF EUROPEAN RABBIS
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General Fund | 4,979 | (29,601) | 707 | (23,915) |
| Restricted funds | ||||
| Preservation of cemeteries throughout | ||||
| Europe | 15,361 | (15,361) | - | - |
| Designated donations | 10,003 | (9,296) | (707) | - |
| 25,364 | (24,657) | (707) | - | |
| TOTAL FUNDS | 30,343 | (54,258) | - | (23,915) |
Comparative net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General Fund 9,565 Restricted funds Preservation of cemeteries throughout Europe - Designated donations 117,578 117,578 TOTAL FUNDS 127,143 A current year 12 months and prior year 12 months combined position is as follows: Net movement At 1.1.21 in funds £ £ Unrestricted funds General Fund 4,979 (29,756) TOTAL FUNDS 30,343 (54,413) |
Resources Movement expended in funds £ £ (39,166) (29,601) (15,361) (15,361) (126,874) (9,296) (142,235) (24,657) (181,401) (54,258) Transfers between At funds 31.12.22 £ £ 707 (24,070) - (24,070) |
|---|---|
continued...
Page 8
CONFERENCE OF EUROPEAN RABBIS
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General Fund | 79,228 | (108,984) | (29,756) |
| TOTAL FUNDS | 196,806 | (251,219) | (54,413) |
8. RELATED PARTY DISCLOSURES
Rabbi Goldschmidt is a Trustee of CER Munich and Institute for Freedom of Faith and Security (IFFSE).
During the year donations were made to IFFSE amounting to £25,000 (2021: £50,000).
Creditors include £24,657 due to CER Munich.
Page 9
CONFERENCE OF EUROPEAN RABBIS
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2022 | ||
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 69,663 | 127,143 |
| Total incoming resources | 69,663 | 127,143 |
| EXPENDITURE | ||
| Charitable activities | ||
| Preservation of European cemeteries | - | 15,361 |
| Developing ritual baths in Eastern Europe | - | 9,296 |
| European Projects | 42,880 | 36,732 |
| Grants to institutions | 25,000 | 117,578 |
| 67,880 | 178,967 | |
| Support costs | ||
| Finance | ||
| Bank charges | - | 6 |
| Exchange movements | - | (21) |
| - | (15) | |
| Governance costs | ||
| Telephone | 239 | 244 |
| Postage and stationery | 55 | - |
| Computer expenses | - | 105 |
| Accountancy and legal fees | 1,644 | 2,100 |
| 1,938 | 2,449 | |
| Total resources expended | 69,818 | 181,401 |
| Net expenditure | (155) | (54,258) |
This page does not form part of the statutory financial statements
Page 10