Charlty Reglstratlon No. 1040356
BOURNEMOUTH REFORM SYNAGOGUE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30JUNE 2024
BUSINESS
ADVISORS
& ACCOUMYANYS
10 Bridge Street
Christchurch
Dorset
BH23 IEF

BOURNEMOUTH REFORM SYNAGOGUE
cOMrEP￿s
Page
Company information
Trustees report
Statement of Trustees responsibilities
Independent examiner's report
Statement of financial activities
Balance sheet
io
Notes to the financial statements
11-22

BOURNEMOUTH REFORM SYNAGOGUE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A Marsh
S Sinkinson
D Tendler
S Elkins
A Mozer
PHart
Mr B Goldbart
Mr D Habel
Charity number
1040356
Independent examiner
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 IEF

BOURNEMOUTH REFORM SYNAGOGUE
TRUSTEES REPORT
FOR THE YEAR ENDED 30JUNE 2024
The Trustees present thelr report and financial statements for the year ended 30June 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the
fi'nancial statements and comply with the Charity's deed of trust, the Charities Art 2011 and 'Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Repothn8 Stsndard applicable in the UK and Republic of Ireland IFRS 1021" las
amended for accounting periods commencing from l January 20161
Objectlves and actlvltles
The objects, which are also the alms, of the Synagogue are to advance the Jewish religion. particularly by
providing and maintaining a Synagogue for the purpose of public worship and of advancing religious,
educational and such charitable activities as the members of the Council, together wlth the Rabbi, ffoy from
me to time decide.
The Trustees have paid due regard to guidance issued by the Charlty Commission in decldln8 what activities the
Charity should undertake.
The synagogue has one principle activity, that of providing a framework for the local Jewish community through
provision of a place of worship and the associated religious and communal activities. These associated activifjes
are broadly categorised into three types, pastoral, religious and communal. Religious activitie5 include the
provision of a place of worship. varlous reli8lous activities, religious eduCa￿On and religious SUPPOrt. Communal
activities include various communal events organised throughout the period, along with the pastoral and
welfare support of the members. As a result of having a large proportion of elderly members, we have a
community that has higher than average pastoral and welfare needs. The Rabbi, being the first point of contact
for members, works to ensure our members are looked after by the community. There is a support group to
assist with pastoral work. The Synagogue administration provides the required backup and Information
services. These services are utilised by the Rabbi. Council and appropriate volunteers, a5 well as all members of
the Synagogue. The Council continues to promote our activities to the wider Jewish Community in Dorset and
Hampshire with the hope of increasing our membership and raising awareness of Judaism.
Our main objectives are the promotion, preservation and observation of Jewish tradition, and these are set to
reflect our faith and community aims. Each year the Trustees review the objectives and activities to ensure they
confjnue to reflect our aims. In carrying out this review, the Trustees have considered the Charity Commission's
Buidance on public benefit and in particular, its supplementary public guidance on the advancement of religion
for public benefit.
The focus of our activities is the provision of a place of worship, religious activI￿eS and support, the provisSon of
plots and burial rites in accordance with tradition and arranging communal events and activities. We welcome
all persons who wish to follow the Jewish tradition, regardless of personal funds and thelr ability to meet our
subscription fees.

BOURNEMOUTH REFORM SYNAGOGUE
TRU5fEES REPORT (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
Achlevements and performance
Communal Passover Seder, monthly Chavurah Suppers and other activities are enjoyed by many throu8hout the
year.
8'nei Mitzvah online and face to face learning takes place largely with the Rabbi in preparation tjr BarlBat
Mitzvah children's special day.
Regular study sessions for 'Beginners Hebrew. and 'lntroduction to Judaism, along with Torah Studps and
Shabbat seprfices take place by video call and in the Synagogue.
The interest and welfare of our members is of paramount importance. The Rabbi's volunteers are suworted by
the administrative team to provide essential support to individual members of the community as required.
Referrals are made to Bournemouth Jewish Support Services who offer wide ranging support for individuals
with trained volunteers. As always, in additr'on to the paid staff, the Synagogue relies heavily on the invaluable
voluntary help from Council, Honorary Officers of the Synagogue and Synagogue members.
The Trustees are satisfied that all the achievements in the year are in line with the charity's aims and objectives.
The charity does not carry out significant fundraising activities but one major event thi5 year has raised funds
for emergency help to soldiers in Israel following the October 7 massacre.
The Synago8ue 15 affiliated to the Movement for Reform Judaism IMRJI. which gives guidance on our form of
worship as well as assistance with other practical matters. The Movement advises but cannot force the
Synagogue to follow a particular course if it does not wish to.
One of the benefits of membership of the Syna8ogue is the availability of the burial plan. A prop(rtion of
members, subscriptions are specifically levied in this respett: these levies are paid on to the Jewsh Joint Burial
Society, which in most cases is then solely responsible for the provision of the burial services. the servlces bein8
provided by the Synagogue.
The Synagogue is entitled to representation at the Board of Deputies. for which a per capita charge is levied on
the number of members.

BOURNEMOLrrH REFORM SYNAGOGUE
TRusfEES REpoirr (CONTINUED)
FOR THE YEAR ENDED 30JUNE2024
Flnanclal revlew
Income of the Synagogue is primarily from subscriptions paid by members and gift aid reclaimed. It would be
desirable for the normal running costs of the Synagogue to be met from subscription income, but the effect of
the economic climate on our members. financial situation continues to preclude this.
Council is aware of the level of members who are unable to afford the membership fee, but once again has not
called upon TET for assistance this year, as it was agreed that BRS should attempt to manage independently.
Although it was agreed that TET should reduce its support, TET support is 5ti11 offered if necessary.
The Synagogue is still reliant on donations and legacies. but these funds cannot be relied on for the general
running of the Synagogue. A review of various aspects of the synagogue has taken place includln8 an
assessment of the long-term viability of remaining in the current building.
The Synagogue is the beneficiary of an endowment trust fund set up in 2002 under the will of the bte K R
Townsend and known as the Townsend Endowment Trust ITET}. The Townsend Endowment Trust ITETI is
registered as a linked charity to Bournemouth Reform Synagogue IBRSI. The financial statements of BRS
therefore Include the transactions of TET {under endowment funds) and the financial position and apwopriate
notes show the financial position of the BRS on its own and of the 8RS and TET combined. The Trustees of TET
had several zoom meetings during the year to discuss the investments and funding of BRS. TET capital and
Income of the fund are able to be used for the general charitable purposes of the Synagogue in respect of its
pastoral, welfare and educational work.
It is the Syna808ue's policy that where a member is unable to afford the full membership fee, the Treasurer
liaises with the member. A confidential discussion L3kes place and a mutually acceptable arrangement 15 arrived
at whenever possible. It is not the policy to remove membership rights where there is an inability to pay. Such
arrangements are at the sole discretr'on of the Treasurer and confidents'ality is maintsined.
It is the Synagogue's investment poliri to keep its general reserves on a low risk basis at the bst interest rates
it can reasonably achieve. In respert of the Townsend Endowment. the Trustee5 have invested funds, following
advice from the Investment Advisor. to provide a reasonable income with some capital growth. A review of the
investments is undertaken periodically. During the year ending 31 June 2019. the investment was trar6ferred to
new investment advisors as more confFdence was held by the Trustees with the advisors. The Synagogue has
also re-lnvested £85,0(Xi in a one year bond.
As can be seen in the financial statements, BRS has made a £23.903 surplus in the year. ExcludingTET. income
has reduced by 24% whereas costs have increased by over 40%. In particular, the costs of heating/li8hting has
risen from £8.089 to £15.730, an increase of over 94%.
Whilst currently there are still sufficient fvnds to operate and continue to meet the charitable objective, the
ageing demo8raphic of BRS will mean that membership subscription income will inevitably decline over the
coming years, whilst the ageing building means that maintenance costs could continue to increase. Ccuncil
continues to review the financial position on a ongoin8 basis and remains committed to the objectives and
activities as set out in the Constitution.
The Synagogue does not have a specific grant making policy, but small donations are made to various
organisations that the Trustees consider appropriate.

BOURNEMOUTH REFORM SYNAGOGUE
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
The total combined reserves at the year-end were £791,864 of which £259,728 were endowment funds FEld bv
Townsend Investment Trust ITET} and £36,385 were restricted reserves.
At the year end the level of free reserves is £309.500 which represents unrestricted funds excluding fixed
tangible assets. The endowment funds has certain criteria attached. The reserves policy 15 to maintain reserves
equal to around 3 months expenditure. Any reserves in exce55 of this are invested to help the long term future
of the community, which includes overdue maintenance and upgrades within the building. Excess rese￿$ wlll
also help avoid any cash flow difficulties which could arise in the event that membership income suffers from
substantr'al reduction in membership number5. The Strategy Committee are in place to discuss the long term
future of the Charity. Current reserves are in line with the policy.
The Trustees are aware of the debt to the MRJ for annual assessment fees which the Synagogue has not been in
position to fully clear1£22,290 at the year-endl. Acceptable arrangements for the clearing of the debt over a
period of time have been negotiated with the MRJ and are in place. Current liabilitles to the MRJ are being met
whilst the debt is being paid off. Council has considered clearing the balance with the MRJ but have agreed to
wait. The Trustee5 are tontinually working on a strirt programme of cost-cutting to ensure the annual income
once again exceeds annual out8oings.
As such, and on the basis of the contlnued support of TET and MRJ, the Trustees consider it approkyiate to
prepare the fi'nancial statements on the 8olng concern basls.
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfled that systems are in
place to mitigate exposure to the major risks.
The plans for the forthcoming year are to contlnue to promote, preserve and observe the Jewish religion,
provide communal and pastoral Services and increase membership where posslble and hold fundraising events
for both the Synagogue and the wider Jewish community. The Synagogue will continue to identify and
encourage new members to join BRS and find other ways of raising funds from events held during the year.
Strurture• 8overnance and management
The charity Is controlled by its governing document, a deed of trust and constr'tutes an unincorporated charity.
The Trustees who served during the year and up to the date of signature of the financial statements were:
A Marsh
S Sinkinson
D Tendler
S Elkins
S Faust
A Mozer
PHart
R Turze
Mr B Goldbart
Mr D Habel
IResigned 26 November 20231
(Resigned 17 November 20231

BOURNEMoirfH REFORM SYNAGOGUE
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 30JUNE2024
The Synagogue is governed by its Constitution dated June 1947. last amended on 29 December 2020, and the
Synagogue operates in accordance with the guidelines set out in this document. Monthly Council meetings are
held at which matters are discussed and decisions made, providing there is a quorum of five Council members
present. Additional Council meetings are held as required. The Honorary Officers hold regular meetings prior to
Council meetings.
The Trustees of the Synagogue are Council Members who are elected by the general membership in open
meeting. The Council members are elected for a one year term after which time they may stand for re-election.
Additional Trustees may be appointed by the Council. There are two permanent Trustees who hold the title of
the Synagogue's property- New Trustees are trained on an individual basis by current, sitting Trustees.
All significant operational decisions are made by Council. taking appropriate external advice where necessary.
The Constitution requires certain key decisions to be approved by the membership in open meeting, and these
include the appointment and termination of rabbinic contracts as well as salary review. The trustees therefore
considerthemselves the only key management.
Rlsk management
The major risk to the Synagogue is if membership income does not cover its expenses. For this rea￿n, Council
continues to keep a careful control on expenditure. It endeavours to set subscriptions at a realistr level
sufficient to meet routine expenditure. and donatr"ons, whilst not guaranteed, are an essential part of
Synagogue income. When setting membership subscription levels, Council also bears in mind that many
members are on low lixed incomes. Council has examined the major operational risks which could be faced by
the charity. They continue to monitor on a regular basis and this will be an oTrgoing as of Council's
mana8ement of the Synagogue.
The Trustees report was approved by the Board of Trustees.
Mr B Goldbart
Trustee
Dated..

BOURNEMOUTH REFORM SYNAGOGUE
STATEMENT OF TRusfEES RESPONSIBILITIES
FOR THE YEAR ENDED 30JUNE 2024
The Trustees are responsible for preparing the Trustees Report and the financial ststements In accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England and Wales requires the Trustees to prepare financial 5tstements for
each fi'nancial year which give a true and fair view of the state of affairs of the Charity and of ttE incoming
resources and application of resources of the Charity for that year,
In preparSn8 these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them conslstently;
observe the methods and Pf inciples in the Charitie5 SORP;
make judgements and eS￿rnateS that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed
and explained in the fi'nancial statements. and
prepare the financial statements on the golng concern basls unless it is inappropriate to presurre that the
charity will continue in operation.
The Trustees are responsible for keepln8 sufficient accounting records that disclose with reasonaLle accuracy at
any time the flnanclal posltlon of the Charlty and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charity IAccounts and Reports) Re8ulatlons 2008 and the provision5 of the trust
deed. They are also responsible for safeguarding the assets of the Charlty and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.

BOURNEMOUTH REFORM SYNAGOGUE
INDEPENDENT EXAMINER'S REPORT
TO THE TRusfEES OF BOURNEMOUTH REFORM SYNAGOGUE
I report to the Trustees on my examination of the financial statements of Bournemouth Reform Synagogue
(the Charity) for the year ended 30 June 2024.
Responslblllties and basls of report
As the Trustees of the Charity you are responslble for the preparation of the fi'nancial statements in
accordance with the requirements of the Charities Art 2011 (the 2011 Act}.
I report in respect of my examination of the Charity's financial statements carried out under 5ertion 145 of
the 2011 Att. In carrying out my examSnatlon I have followed all the applicable Directions glven by the Charity
Commission under section 14515llbl of the 2011 Act.
Independent examlner's statement
I have completed my exaMIna￿On. I conflrm that no matters have come to my attentlon in connection with
the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by sethon 130 of the 2011Act: or
the financial statements do not accord wlth those record5,' or
the financial statements do not comply with the applicable requirements concerning the fom and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than anv
requirement that the accounts give a true and fair view which is not a matter considered a5 part of an
Independent examination.
I have no concerns and have come across no other matters in connection with the examination to whrh
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached,
f / If Fu4
Dean Pullen FCCA
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 IEF
Dated.. 1911112024

BOURNEMOUTH REFORM SYNAGOGUE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30JUNE 2024
Unrestrlcted Restrlcted Endowment
funds
funds
funds
2024
2024
2024
Total
Total
2024
2023
Notes
om
Donations and legacies
Charitable activities
Other trading actr'vitr'es
Investments
147.278
73.524
390
4,536
147,278
90,653
390
5,952
245,324
73,501
555
2,288
17,129
1,416
Total Income and endowments
225,728
17,129
1.416
244,273
321,668
Raising funds
1,745
1,745
1,613
Charitable attivities
231,021
8,917
239,938
171,214
Endowment funds
io
1,380
1,380
480
Total resotsrces ejtpended
231.021
8,917
3,125
243,063
173.307
Net gains/llossesl on investments
li
22,693
22,693
9,578
Net {out80Sn8)Ilncomlng resources
before transfers
15,2931
8.212
20,984
23,903
157,939
Gross transfers between funds
7,476
17,4761
Net movement In funds
2,183
736
20,984
23,903
157,939
Fund balances at l July 2023
493,568
35,649
238,744
767,961
610.022
Fund balances at 30 June 2024
495,751
36,385
259,728
791,864
767,961
The Statement of financial activities includes all gains and losses recogni5ed in the year.
All income and expenditure derive from continuing activities.

BOURNEMOUTH REFORM SYNAGOGUE
BALANCE SHEET
AS AT30JUNE2024
2024
2023
Notes
Flxed assets
Tangible assets
Investments
12
13
186,250
255,176
192,881
232,814
441,426
425,695
Current assets
Debtors
Cash at bank and in hand
15
55,442
353,458
110,120
307,086
408,900
417,206
Credltors: amounts fallln8 due wlthln
one year
16
158,4621
174,940}
Net current a55ets
350.438
342,266
Total assets less current Ilabllltles
791.864
767,961
Capltal funds
Endowment fund5- general
Income funds
Restricted funds
Unrestritted fund5
17
259.728
238,744
18
36,385
495,751
35,649
493,568
791,864
767,961
The financial statements were approved by the Trustees on ...
Mr B Goldbart
Trustee
10-

BOURNEM0i￿H REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMENfs
FOR THE YEAR ENDED 30JUNE2024
Accountin8 pollcles
Charity information
The charity is registered charity in England and Wale5 and is unincorporated. The address of the principal
offi'ce is 53 Christchurch Road. Bournemouth, Dorset. BHI 3AP.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing document, the
Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reportin8 Stsndard
applicable in the UK and Republic of Ireland IFRS 102}" las amended for accounting periods commencing
from l January 2016}. The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Updat e Bulletln
I not to prepare a Statement of Cash Flows.
The financial statements are prepared In sterling. which is the fvnctional currenoi of the Charity. Monetary
amounts in these financial statements are rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention. with the exception of
investments which are included at market value. as modih'ed by the revaluation of certain assets,
1.2 Golng concern
At the time of approving the financial statements. the Trustees have a reasonable expertation that the
Charity has adequate resources to conts'nue in operational existence for the foreseeable future. Thus the
Trustees continue to adopt the 80in8 concern basis of accounting in preparing the h'nancial statements.
1.3 Charftable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitsble
objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purwses and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subjert to specific conditions by donors that the capital must be maintained l¥ the
Charity.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
1.4 Incomlng resources
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.
11

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL StATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
Accountin8 pollcles
(Continued)
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 is known. and receipt is expected. If the amount is not known. the legacy 15 treated
as a contingent asset.
Voluntary income (including membership subscriptions) is accounted for gross when receivable, as long as it
is capable offinancial measurement.
Income from the endowment fund investments is recorded 35 endowment income and is to be utilised n
particular for the synagogue's pastoral and educational work. The endowment capital can also be used for
these purposes and both income and capital can be used for the general charitable purposes of the
Synagogue.
1.5 Resource5 expended
Expenditure is recognised on an accruals basis as a liability is incurred.
Expenditure on raising funds includes the costs of managing the charity's investments.
Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that
further its charitable aims for the benefit of its beneficiaries. including those support costs and costs relating
to the governance of the charity apporknoned to charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable
to a single activity are allocated directly to that activity.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or Val￿tion, net of
depreciats.on and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual value5 over
their useful lives on the following bases-
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Library
Straight line over 45 years
15% on cost
15% on reducing balance
25% on cost and 15% on reducing balance
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 recogni5ed in net incomellexpenditurel for the year.
No depreciation is provided on the Library.
12-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMENfs (CONTINUEDI
FOR THE YEAR ENDED 30JUNE2024
Accountlng pollcles
(Continued)
1.7 Flxed asset Investments
Listed investments are measured at fair value with changes in fair value being reco8nised in profit or loss.
1.8 Impalrment of Ilxed 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 imp￿irment
loss {if any).
1.9 Cash and ush equlvalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other shortrterm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.10 Debtors and credltors
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in expenditure.
1.11 Llnked charlty
The Townsend Endowment Trust is registered as a linked charity of the Bournemouth Reform Syna808ue.
These fi'nancial statements combine the result5 of the two branches on a line by line basis. The endowment
fund represents transactions of the Townsend Endowment Trust.
Donations and le8acles
Unrestrlcted
funds
Total
2024
2023
Donations and gifts
Legacies receivable
Membership fees
Income tax recoverable
26.813
25.701
76,160
18,604
9.432
143.299
74,766
17,827
147.278
245,324
13-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMENTS (coNfiNUED)
FOR THE YEAR ENDED 30JUNE2024
Income from Charltable Artlvltles
Jewlsh Jewish religious and
Ilglous and
communal activities
communal
activlties
2024
2023
Funerals invoiced
Members cont. to JJBS
Communal events
68,872
17,129
4,652
54,146
15,182
4,173
90,653
73,501
Analysis by fund
Unrestricted funds
Restricted funds
73,524
17,129
56,309
17,192
90,653
73,501
Other tradlng artlvltles
Unrestrfcted
funds
Total
2024
2023
Advertising
390
555
14-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMEKfs (CONfiNUED)
FOR THE YEAR ENDED 30JUNE 2024
Investments
Unrestricted Endowment
funds
funds
Total
Total
2024
2024
2024
2023
Income from listed investments
Interest receivable
1.416
1,416
4,536
1,014
1,274
4.536
Total
4.536
1,416
5.952
2.288
Raising funds
Endowment
funds
general
2024
Total
2023
Investment management costs
1,745
1,613
1.745
1.613
15-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMEKfs (co￿lNUED)
FOR THE YEAR ENDED 30JUNE2024
Expenses for Charitable Activities
Jewish
Jewish
religious and religlous and
communal
communal
activlties
activities
2024
2023
Dirett costs-
Minister expenses
MJR Assessment
JJBS levy
Funeral costs
Communal events
Grants to institutions
Wages
Wages
Insurance
Light and heat
Telephone and computer
Postage and stationery
Appea15
Sundries
Outreach expenses
Rent
Repairs and maintenance
Depreciation
Security
Synagogue
Independant examination
Leg31 fees
34.876
10.168
8.024
43,638
1,191
2.189
10.696
23,917
11,648
15,730
2,709
1,328
18,529
2,036
4.580
9.036
24.260
6,631
618
30,352
9,261
7,755
32.766
4.367
1,478
9,577
17,155
8,779
8.089
1.871
1,691
Grant funding of activities:
Support costs- finance-
Support costs - other..
5.062
2,757
6,922
10,015
6.811
3.149
5.100
(1151
1.251
4,950
305
Support costs - governance cost:
239,938
171.214
239.938
171,214
Analysis by fund
Unrestricted funds
Restricted funds
231,021
8.917
160,591
10,623
239.938
171,214
16-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
Trustees
Trustees, expenses
During the year four Trustees were reimbursed a total of £1.914 for catering costs and sundry items12023
£1,277).
Trustees, remuneratlon and beneflts
None of the Trustees lor any persons connected with theml received any remuneradon or benefits during
the year.
The Trustees consider themselves to be the only key management.
Employees
Number of employees
The avera8e monthly number of employees during the year was..
2024
Number
2023
Number
Admininstratlon
Propertv
No employees received emoluments in excess of £60,000.
There were no employees whose annual remuneradon was £60,000 or more.
10 Endowment funds
2024
2023
Book cost adjustment to investments
Accountancy
740
640
60
420
Total
1,380
17-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL 5fATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
11 Net 8alns/(losses) on Investments
Endowment
funds
Total
2024
2023
Revaluation of investments
22,693
9,578
12 Tanglble flxed assets
L••sehold land
•nd bulldln85
Pl•nt •nd
equlpment
Flxtures •rrfl
IItMng5
Compute
Llbr•ry
Cost
At l July 2023
241,478
1.170
43,636
20,565
633
307,482
At 30 June 2024
241,478
1,170
43.636
20,565
633
307,482
Depreclation and
Impalrment
At l July 2023
Depreciation charged in the
year
56,525
644
37,292
20.139
114,6C
5,440
176
952
64
6,632
At 30June 2024
61,965
820
38,244
20,203
121,232
Carrylng amount
At 30 June 2024
179,513
350
5,392
362
633
186,250
At 30 June 2023
184,953
526
6,343
426
633
192,881
All assets are held for charitable purposes. Leasehold property comprises the synagogue at 53 Christchurch
Road, Bournemouth.
18

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 30JUNE2024
13 Flxed asset investments
Usted
Investments
Cash In
portFollo
Total
Cost or valuation
At l July 2023
Valuation changes
216,142
9,578
16.672
232,814
9.578
At 30June 2024
225.720
16,672
242,392
Carryln8 amount
At 30 June 2024
225,720
16,672
242,392
At 30 June 2023
216.142
16,672
232,814
There were no investment assets outside the UK.
All investments are held at valuation, measured at fair value throu8h net Income and expenditure. The
charity incurred net expenditure of £330 {2023 £5981.
14 Flnanclal Instruments
2024
2023
Carrylng amount of financlal assets
Instruments measured at fair value through profit or loss
238,834
216,142
15 Debtors
2024
2023
Amounts fallln8 due wlthln one year:
Membership debts
Other debtors
Prepayments and accrued income
2,925
14,852
37.665
2,133
l(K),088
7.899
55,442
110,120
19-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMENTS ICONTINUED)
FOR THE YEAR ENDED 30JUNE2024
16 Creditors: amounts fallin£ due within one year
2024
2023
Accruals and deferred income
58,462
74,940
Included in the above is deferred income of £22.287 {2023 £25.6661 representing memberships paid in
advance and monies paid into the Jewish Joint Burial Serrfice.
17 Endowment funds
Endowment funds represent assets which must be held permanently by the Charity. Income arising onthe
endowment funds can be used in accordance with the objects of the Charity and is included as unrestrirted
income. Any capital gains or losses arising on the assets form part of the fund.
Movement in funds
IrKomlbVd Resources
Trartsfers Rtv•luations
Aalns ¥hd 1055e5
8alan¢e •t
JO Jun¢ 2024
l Juty 2023
Permanent endowments
Townsend Endowment
fund
238.744
1,416
(3.1251
22,693
259,728
238.744
1.416
(3,125)
22,693
259.728
The endowment fund was set up in 2002 on receipt of a legacy from the late K R Townsend. The capital and
the income of the fund are able to be used for the general charitable purposes of the Synagcgue in respect
of its pastoral and educational work. The Townsend Endowment Trust is registered as a subsidiary charity
of the Synagogue.
-20-

BOURNEMOUTH REFORM SYNAGOGUE
NOTES TO THE FINANCIAL sfATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 30JUNE 2024
18 Restrlcted funds
The income funds of the charity include restricted funds comprising the following unexpended balan￿5 of
donations and grants held on trust for specifi'c purposes..
Movement in funds
In¢omln8
Rtsour¢es
e¥pend•d
bal4nce •t
l July 2023
Tr•nsl•
*lance at
30June 2024
Sefer Torah fund
Jewish Joint Burial Society
Outreach
Cemetery fund
Kitchen/Building fund
Rabbi Discretionary
395
741
395
741
15.379
17.9031
11,0141
17,4761
1,014
20,283
11,083
2,133
1,750
22.033
11,083
2,133
35.649
17,129
18,9171
17,4761
36,385
The Jewish Joint Burial Soclety fund reflects income from members and levies paid over to the Society. The
transfer seen this year reflects a slx month moratorium of the JJBS fees for the period July 2023 to
December 2023. This moratorium was in place for the whole of 2023. The Honorary Officer and Board of
the Society at JJBS hoped that this windfall would aid members who might be in financial need. Excess
funding received ha5 therefore been transferred to General Funds as the charity will be using it to offset
fees where members are finding it hard to pay.
The Outreach fund is to enable outreach work to increase the membership of the Synagogue.
The Cemetery fund is for the purpose of maintaining the cemetery.
The Kitchen/Building fund is being held to cover replacement and necessary improvement costs to the
kitchen and building.
The Rabbi Discretionary Fund is for cases that arise in the year.
The Sefer Torah fund is to enable repair5 to be made to the Sefer Torah.
21

BOURNEMOUTH REFORM SYNAGOGUE
NOTESTO THE FINANCIAL sfATEMEKrs {coNriNUED)
FOR THE YEAR ENDED 30JUNE2024
19 Analysls of net assets between funds
Unrestricted Restricted Endowment
funds
funds
funds
2024
2024
2024
Total
Total
2024
2023
Fund balances at 30 June 2024
are represented by:
Tangible assets
Investments
Current assets/lliabilitlesl
118,542
62,516
5,192
255,176
16401
186,250
255,176
350,438
192,881
232,814
342.266
377,209
126,1311
495,751
36,385
259,728
791,864
767,961
20 Operating lease commltments
At the reporting end date the Charity had outstanding commitments for future minimum lease payments
under non-cancellable operatlng leases, which f311 due as follows:
2024
2023
Within one year
771
2,606
21 Related party transactions
There were no disclosable related party transactr'ons during the year12023 - none).
-22-