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← Bromley & District Reform Synagogue Limited

2023-11-30-accounts

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BROMLEY & DISTRICT REFORM SYNAGOGUE LIMITED (A company limited by guarantee)

Company Number : 04583645 (England and Wales) Charity Registration Number : 1098431

Harris & Trotter LLP 1st Floor South 101 New Cavendish Street London W1W 6XH

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

Contents
Page
Legal and Administrative Information 1
Report of the Board and Trustees 2
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the financial statements 13

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

LEGAL AND ADMINISTRATIVE INFORMATION

Directors and Trustees M Brooks-Evans (Chair)
L de Lange (Vice Chair)
E Fry (Secretary)
S Hurley (Treasurer)
M Abrahams
S Alberti
T Allin
M Freeman
G Harris
V Hart
G Liebenhals
A Penn
Dr J Posner
H Small
S Solomon
N Springer
J Taylor
Secretary E Fry
Registered Office and 28 Highland Road
Principal Address Bromley
Kent
BR1 4AD
Company Number 04583645 (England and Wales)
Charity Registration Number 1098431
Independent Examiner Harris & Trotter LLP
1st Floor South
101 New Cavendish Street
London
W1W 6XH
Bankers HSBC plc
184 High Street
Bromley
Kent BR1 1HL

Page 1

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Structure, Governance and Management

The Trustees, who are also the directors of the charity for the purposes of the Companies Act 2006, present their report and the independently examined financial statements for the year ended 30 November 2023. The trustees confirm that the Annual Report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Since the Charity qualifies as small under section 382, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

Governing Document

The Synagogue was previously an Association which incorporated on 6 November 2002 and registered as a charity on 8 July 2003. It is a charitable company limited by guarantee and established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.00.

Recruitment and Appointment of New Trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Board of Trustees. Under the requirements of the Memorandum and Articles of Association the members of the Board of Trustees are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting (AGM). All members are circulated with invitations to nominate trustees prior to the AGM advising them of retiring trustees and requesting nominations for the AGM.

Trustees Induction and Training

Trustees are already familiar with the charity’s objectives, activities and practices as all Board members must be Synagogue members. Board trustees are usually members of the Synagogue for some time prior to their Board election. At their first Board meeting, they are provided with a note pertaining to performance expectations and guidelines.

Since the Board is relatively small, and activities tend to centre on the Synagogue, Board members act within an active religious institution and community. This provides many opportunities for informal dissemination of appropriate information regarding Board functions and structure. Trustees familiarisation with the Board and Committee structure, practices and activities arise through these informal meetings and discussions, as well as committee membership, participation in Board meetings and Synagogue events.

Organisational Structure

The Board of Trustees administers the charity directly, through an Executive Committee and through various sub-committees. The Board meets a minimum of eight times annually. It is responsible for the strategic direction and policies of the charity. At present, the Board of Trustees has 17 members from a variety of professional backgrounds.

The Board Chair is elected by the members to manage and oversee day-to-day activities of the charity. There are sub-committees and special purpose committees covering religion and ritual issues, education, health & safety, security, building matters, social and fund raising matters and communication, which meet as required to further and attain their objectives. To facilitate effective operations, the Chair has delegated authority within terms approved by the trustees, for operational matters, including finance, health & safety, security and administration.

Page 2

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Related Parties

The following trustees and connected persons received remuneration under a teaching, Youth Worker, Head Teacher or Bookkeeper contract.

- A Ashmore £1,056 (2022: £479)
- J Ashmore £684 (2022: £209)
- R Ashmore £1,478 (2022: £1,398)
- S Hurley £3,911 (2022: £0)
- S Hyams £578 (2022: £108)
- A Penn £80 (2022: £0)
- I Posner £475 (2022: £0)
- H Small £1,531 (2022: £1,174)
- S Taylor £0 (2022: £23)
- N Wilkins £575 (2022: £0)

Data Protection Policy

The Trustees ensures that the Synagogue is in compliance with the Data Protection Act 2018 and General Data Protection Regulation 2016/679 (GDPR) and the Electronic Communication (EU Directive) Regulations 2003 (PECR).

Risk Management

External risks to funding have led to the development of a plan which will allow for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of members, staff, volunteers and visitors to the Synagogue including a staff handbook. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Another key element in the management of financial risk is the setting of a reserve policy and its regular review by the trustees.

Objectives and Activities

The Synagogue is a congregation formed with the objects of advancing Progressive Judaism by the provision and maintenance of public worship and for such other charitable purposes as the governing body shall determine. Each year the trustees review the objectives and activities to ensure they continue to reflect its aims. In carrying out this review the trustees have considered the Charity Commission's general guidance on public benefit and in particular its supplementary public guidance on the advancement of religion for the public benefit.

In order to further those objects the governing body has:

The management of the Synagogue is laid down by the Governing Documents. Trustees are elected annually at an AGM by all members who are entitled to vote.

The Executive Officers are the Chair, Vice Chair, Secretary and Treasurer. Trustees appoint an Executive Committee consisting of the Executive Officers, the Chair of the Education Committee and the Senior Warden. In addition, the trustees appoint one of its members to be a representative of the trustees. All staffing during 2023 was via volunteers, except for the part-time Rabbi, part-time Administrator, part-time Bookkeeper, part-time Youth Worker and part-time Head Teacher. The cheder and pre-cheder teachers and classroom assistants receive a remuneration and other service providers are paid via invoice.

Page 3

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

A quorum for a trustees meeting is half of the Executive Officers plus a third of the remaining members.

The minimum number of meetings, the process by which they are to be called and any matters or situations which may invalidate such calling and the actions taken at meetings, are set out in the Governing Document.

Minutes are kept and are available for public scrutiny.

Trustees are kept fully informed of the workings and deliberations of sub-committees by the chair of each sub-committee who is directly answerable to the trustees.

All contracts of employment are approved by the Board of Trustees.

Subscriptions for membership are recommended by the trustees and are subject to approval by the members in the Annual General Meeting.

Board and the Trustees

The Board who are also the trustees and who served during the year were: M Brooks-Evans (Chair) L de Lange (appointed 22.03.2023 & to Vice Chair) H Small (resigned as Vice Chair 22.03.2023) E Fry (Secretary) S Hurley (Treasurer) M Abrahams S Alberti T Allin (appointed 22.03.2023) V Ashmore (resigned 22.03.2023) M Freeman R Green (resigned 05.07.2023) G Harris (appointed 22.03.2023) V Hart A Jackson (resigned 22.03.2023) G Liebenhals (appointed 22.03.2023) J Millis (resigned 22.03.2023) A Penn Dr J Posner S Solomon (appointed 22.03.2023) N Springer J Taylor

No trustees received any remuneration for services as a trustee during the year.

Page 4

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Achievements and Performance

The charity’s activities are within the overriding objective of providing an institution, organisation and premises to advance the practices of the Jewish faith within a progressive and egalitarian structure. Activities include charitable giving, education for all ages, development of its premises, social programmes for elder members, youth programmes, as well as reaching out into the wider community, in which the Synagogue exists and operates, for the public benefit.

Education & Other Events.

The Synagogue Sunday school ("Cheder") has operated successfully during the year and there are currently 50 under 16s involved with the Cheder of which 45 are students. Classes are run by a combination of teachers and class-room assistants under the overall supervision of the Head Teacher. The Gan (pre-cheder group) also meet on a Sunday morning and has a register of 15 children with 3 helpers under 16 years old.

Two courses ran through the year, namely, Gateway to Judaism and various levels of Adult Hebrew. In In addition there were on-line Torah and Talmud classes, security training sessions, defibrillator use training and the Book Club. There was a Quiz night in November. The Communal Seder was held on the second night of Pesach in the Garden Room.

Charitable Giving

Charitable giving is a Jewish value and commandment. This is expressed in part by supporting external charities. A number of charities are recommended by Board members and after discussion three are approved by the Board. There is no benchmark for this appeal. The Appeal this year resulted in a total fund of £10,673.

A Caring Community

The Synagogue prides itself on being a caring community. One aspect of this is the Social Centre which focuses on elderly members who are either physically or emotionally in need. The Centre provides a twice-monthly meeting and gathering for social purposes, including gentle exercises, lunch and varied lectures and programmes for members. The Social Centre is self-funded but assistance with transport costs is provided by the Synagogue via the Transport Fund set up in 2013. A number of the Restricted Funds shown in note 14 relate to caring community issues, namely 'Caring Community', 'Pauline Jeffree Fund', 'Rabbi Discretionary' and 'Transport'.

Youth

“YABS” - Young Adults of Bromley Synagogue was created during 2021 under a Youth Coordinator. Young adults themselves lead this new group for the 16 to 25 year olds of the community. The Synagogue employs a part-time Young Worker.

Burial ground at GreenAcres Kemnal Park

During 2020 the Synagogue established a Jewish cemetery in South London. This burial ground is the only active Jewish cemetery within the boroughs that make up South London. The designated lawn area has 50 double depth burial plots generously funded by a loan from the Jewish Joint Burial Society (JJBS). See note 12 to the Accounts.

In 2023 the Synagogue developed an area within the burial ground for the internment of ashes and installed 10 ash memorials. Each memorial can contain two urns of cremated remains and above is a place for the engraved commemoration. These were donated to us.

Involvement in the Wider Community

Another key area is involvement within the local community. The Synagogue has a Schools' visiting programme administered by a member of the Board. Schools and Cub Scout Packs request to visit the Synagogue to meet curriculum/Club badge requirements. The programme aims to introduce Jewish history, traditions, practices and activities.

The Synagogue continued its involvement with The Council of Christians and Jews, The Bromley Three Faiths Group, The 999 Club and the Bromley Food Bank. In addition the Synagogue hosted a coffee morning as part of the Macmillan Trust annual fund raising event.

Page 5

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Communications

Internal communications with members is very important. The Synagogue publishes a magazine called Highlight, which is complemented by a weekly email news letters called e-light. Highlight is printed and sent out in the post and also available on-line. Print dates are to coincide with the main festivals. The focus is on news of members; what they have been doing or find of interest and what is seen as the priorities religiously, socially and educationally, rather than immediate dates, which are better conveyed by e-light before they expire. The Synagogue also has an online presence via a website and other social media.

Membership

Since most funding comes from members' subscriptions, maintaining membership numbers is fundamental to the Synagogue. A growing membership is essential to support and enhance the charity's objectives and its continuing existence. Therefore the Synagogue continues to focus time and effort in this area. During the year 28 people were added to the membership. This was offset by 10 losses through resignation, 2 cancelled memberships and 5 deaths.

Premises & Security

An important part of the Board of Trustees role is to ensure that the Synagogue's premises are adequately maintained and secured. As well as ensuring there is security for services, cheder and other events, the Board maintain the security of the building and its surroundings with security cameras and well maintained lighting.

Review of Financial Results

STATEMENT OF FINANCIAL ACTIVITIES Incoming Resources/Revenues

Revenue for general charity purposes arises primarily from subscriptions paid by members. These monies are increased by tax claimed under the Gift Aid Scheme. Such revenue totalled £186,593 compared to a budgeted figure of £174,000; The 2022 amount received was £158,374. The variance to budget is due to the JJBS levy reduced to zero for 2023 and increase in membership ahead of budget.

Other donations/recoverable tax (unrestricted) totalled £16,785 verses a budget of £12,240. The total received for 2022 was £15,434. 2023 included one large donation of £4,000.

Sales of Burial Plots totalled £12,031 and reduced the loan payable to the JJBS.

Grants receivable are £39,983. £34,716 was from the Donor Trust: £23,440 GreenAcres cemetary costs; £9,994 towards Reform Judaism youth & education events for 24 children; £674 for a new members' party and to refund new member packs given out during the year; £608 towards the cost of developing a Hebrew curriculum and resources. £3,320 was from the Community Security Trust (CST) to assist with the cost of security for Shabbat and Festivals. £147 was from the Goldman Trust to pay for a new Siddur to be given to youngsters in their bar or bat mitzvah year. £1,800 was from the Jack Petchey Foundation's Achievement Award Scheme. The total for 2022 was £4,680.

Bequest/Legacy - £2,000. One legacy was received during the year. This item is not budgeted.

Other Income of £13,787 includes a number of items which are netted off against with expenses to allow a comparison to budget. Categories over £1000 are: £7,352 from Hebrew and Gateway to Judaism students; £2,302 for Religion & Ritual related purchases (memorial plaques, seder tickets and non-member High Holy Days tickets; £1,265 from visiting schools; £1,455 from fund raising events. The adjusted total for 2023 is £2,229 verses a budget of £3,100. This shortfall is due to fewer general fund raising events in the year than expected at the time of setting the budget. The adjusted total for 2021 was £332.

Total Unrestricted incoming resources/revenues was £269,179 for the year (£205,607 adjusted compared to a budgeted amount of £189,340). The comparative figure for 2022 was £220,319

Page 6

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Resources Expended/Expenses

'Subscription to Religious Organisation' of £21,381. This is a levy payment to the Movement for Reform Judaism (MRJ). 'The levy for 2023 is calculated at 13.5% of prior year Subscription income.

Other expenses (adjusted for income and capital items) associated with the Synagogue's activities and objectives are: 'Minister and Religion & Ritual expenses' - £8,432 versus a budget of £12,680 which is a favourable variance of £4,248. This is mainly due to moving the start date for a student rabbi to 2024. A light weight Torah scroll was purchased for £15,000. This was funded by donations from the membership. 'Education expense' - £5,115 verses a budget of £6,230 due to lower than expected cheder costs. 'Publicity & Promotion expense' - £2,122 verses a budget of £2,010. The small adverse variance is due to higher than budgeted printing costs.

Adjusted costs associated with day to day Synagogue administration include: '28 Highland Road expense' of £75,353 versus a budget of £34,920 an adverse variance of £40,433. A number of important building maintenance and repairs were approved by the Board including a new boiler system, the replacement of three damaged windows and a replacement pump. ''Administration, Finance & Management expense' - £4,886 a budget of £4,935 a favourable variance to budget of £49.

Staff Costs & Teaching Salaries' - £102,980 versus a budget of £106,246 a favourable variance of £3,266. This is due to no Youth Worker payroll costs for most of the year and one month in between Administrators.

The Unrestricted SOFA net excess for the year of £32,268 gives, after adjusting for income and capital items an excess of expenditure over income of £13,376 versus a budgeted excess of £444.

Details of unrestricted funds movements are set out in Note 13 to the Accounts.

BALANCE SHEET

Fixed Assets

Details of capital expenditure are set out in Note 9 to the Accounts.

Restricted Funds

The New Building & Sanctuary fund ended the year with a balance of £573,448. This represents capitalised amounts. Other restricted funds totalled £31,542. Details are set out in Note 14 to the Accounts.

Subscription Rate Increase

These days everyone is facing higher costs and the Synagogue is no exception. Membership subscriptions are required to meet all the synagogue running costs, including staff salaries, utilities and building maintenance, together with membership of the Jewish Joint Burial Society (JJBS) and the Movement for Reform Judaism (MRJ)..

Subscriptions for Financial Year 2024 will therefore increase to £527 for a Single membership and £1,054 for a Community Family Membership. Those aged 21 to 26 do not need to pay a membership subscription but are required to pay their JJBS contribution which is £54 for 2024. From the age of 27 to 30 years subscription are on a sliding scale. Higher and Additional Rate Tax payers are encouraged to pay the appropriate higher rate of subscription, calculated to ensure that the net subscription is the same for everyone.

Page 7

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Reserves Policy

The Trustees have established the level of reserves the charity ought to have. Reserves are defined as unrestricted funds not designated for specific use. The level is set at 3-6 months operating expenditure available at any time during the year. Reserves are needed to bridge any gap arising from the seasonal nature of incoming resources versus the more even expenditure throughout the year. They are also needed to cover emergency or unexpected costs, or repairs to the premises, or other unplanned or unexpected but required expenditure. Finally, and significantly, they are required to ensure sufficient cashflow in the charity if there is a significant drop in funding. This last criterion is that the charity’s current activities can be maintained, whilst consideration is given to ways in which to address the nature of and solution to the funding situation.

Under this definition, adequate reserves at 30th November 2023 would be £55k-£110k and for 2024 (based on the budgeted expenditure) £49-£99k. Actual reserves at 30th November 2023 are £113,331 in line with the above definition. This level of reserves is as a result of continued cost control, as well as discipline regarding subscription and related monies.

Plans for Future Periods

Much of the charity’s efforts and programmes are in support of its core activity and objective of worship and practice of the Jewish faith. There are developments and programmes for the coming year arising from various sources, as well as a range of on-going activities derived from the core practice and worship.

Plans include the following:

Page 8

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023

Responsibility of the Trustees in relation to the financial statements

The trustees (who are also the directors of Bromley & District Reform Synagogue Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Board of Trustees

Members of the Board of Trustees, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 4.

In accordance with company law, as the company's directors, we certify that:

Approval

This report was approved by the trustees on 19th March 2024 and signed on their behalf by:

…………………………………

M Brooks-Evans (Chair)

Page 9

Bromley & Dlstroct Reform Synagogue Llmlt•d Charlty Number 1098431 FOR THE YEAR ENDEO 30 NOVEMBER 2023 ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE UNAUDITED AccouNfs OF BROMLEY & DISTRICT REFORM SYNAGOGUE LIMITED I report to th charity Trustees on my exarnination ol the accounts ol Ih8 Company for the year ended 30 November 2023. Reponglbllltle• Ind Basis of Report As the Trustees of the Company land Sts directors for the purposes of company lawl you are responsiblg for thè accounts in accordan￿ wth the requirements ol the Compani•s Act 20061'lh8 2006 ACYI. Havlng 8alisfied myself Ih8t the accounts of the Company are rK)I requir8d to be audited under Part 16 01 the 2006 Act and are eligible for independent axarnination, I rèport In rèspact of my èxamlnation of tha Company's accounts carried out undtrr sects'on 145 of the Charities Act 2011 1.the 2011 Acfl. In carrying out rny èxaminabon I hav8 lollovAd the Directions gI￿n by the Ch8rity Comfnission under section 145ISllbl of the 2011 Acl. Indèpondont Exarnln•rfg Stat•m•nt Since the Gompany's gross income exceeded £250,000 your examin6r must b& a member ol a body listed in 6eth.on 145 01 the 2011 Act I confirm thal18rn qualified to undertake the examinatson because l am a member ol ICAEW, ￿lch is one of the li$led bodies. I have completed my 8xarnln¥t￿. l confirm that no matlers have come to my 8ttèntr.on in connection wlh the exgm1na￿'Qn gwing ma c8US8 lo belive". l acctsunting records ￿tre not kept in respect ol the Company as requlred by sadon 388 of th• 20Ce Act,. or 2 the 8ccounls do not accord with those records,. or 3. the accounts do not comply wth the accounting requirements of section 396 01 the 20G6 Acl other th8n any requlrement that the accounts glve a Irue 8NIJ tslf view whlch 18 not a rnatter considered as P8rt of an Independent ¥X8minalion,' or 4. the accounts hava not bèan prepof$d in ac￿rdance with Ihe methods and principles Cf th Stalgmant ol R8commend•d Practice for accounting and reporting by charities lapplicabl lo ¢h8ribes preparing their 8c¢ount& in accordanco wlh tho FSn8n¢i81 Reporting Standard applicable In the UK and Rèpublic ol Iraland IFRS 10211. I have no concerns and ttave Come a¢r0$8 no other matt8r8 in connection with tho examination to whi¢h attent￿n Should b drawn In this report in order lo enable a proper understanding of the accounts to be reached Thi8 report is made 8ol•ly to the Comp8ny's Tw$l•es, as a ￿y, in accordan￿ wSth Part 4 01 the Charftlès IAccounlB and Report31 Regulations 2008. My work has been undertaken so that I might state to the Company's Trustees those matters l am requiréd to slatè Its Ihem in an Independent Examine¢s Report and for no other purpose. To the fullest extent permitted bylaw, l ao not gc¢epl or assurne responsibility to anyone other than the Company and the Cornpany's Trustses as & body, lor my work or lor this r8POrt. Hugh Lask FCA CTA Harrls & Trottar LLP 1st Floor South 101 New Cavendish Street London W1W6XH Signed.. Dated. .i.g......M.QrLI ,.?.OL.,.....,.. Page 10

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Notes
£
£
£
£
INCOMING RESOURCES
Incoming Resources from Generated Funds:
Voluntary Income:		 Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Notes
£
£
£
£
INCOMING RESOURCES
Incoming Resources from Generated Funds:
Voluntary Income:		 Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Notes
£
£
£
£
INCOMING RESOURCES
Incoming Resources from Generated Funds:
Voluntary Income:		 Unrestricted
Funds
Restricted
Funds
Total
2023
Total
2022
Notes
£
£
£
£
INCOMING RESOURCES
Incoming Resources from Generated Funds:
Voluntary Income:
Subscriptions Rec'ble/Recoverable Tax 186,593
-		 186,593 158,374
Donations Rec'ble/Recoverable Tax
Sale of Burial Plots
Grants Receivable
2		 16,785
37,146
12,031
-
38,183
1,800		 53,931
12,031
39,983		 60,121
18,095
4,680
Activities for generating funds:
Bequest/Legacy
2		 2,000
-		 2,000 11,000
Other Income
2		 13,587
200		 13,787 14,396
Interest Income
2		 -
-		 -
Total Incoming Resources
RESOURCES EXPENDED
Costs of Generating funds
4
Charitable Activities
Subscription to Religious Organisation
4		 269,179
39,146		 308,325 266,666
2,417
-
21,381
-		 2,417
21,381		 1,624
21,427
Grants Made
4		 220
22,570		 22,790 20,430
Cost of activities in furtherance
4
of the Charity's Objects
Governance Costs
4		 212,827
20,327
-		 233,154
-		 201,272
-
Total Resources Expended 236,845
42,897		 279,742 244,752
NET INCOMING/(OUTGOING)
RESOURCES BEFORE TRANSFERS
Gross Transfers between Funds
5
NET MOVEMENT IN FUNDS
32,334
(3,751)
(66)
66		 28,583
-		 21,914
-
32,268
(3,685)		 28,583 21,914
Reconciliation of Funds
Total Funds brought forward
376,708
608,675		 985,383 963,469
Total Funds carried forward 408,976
604,990		 1,013,966 985,383

The notes on pages 12 to 20 form part of these accounts. The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

Page 11

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

BALANCE SHEET AS AT 30 NOVEMBER 2023

2023 2022
Notes £ £
Fixed Assets
Tangible Assets 9 984,952 973,353
Current Assets
Stocks in Shop 2,295 2,048
Debtors 10 58,189 34,323
Cash at Bank and in hand 240,364 258,215
300,848 294,586
Current Liabilities
Creditors: amounts falling due within one year 11 15,259 13,950
Non-Current Liabilities
Creditors: amounts falling due over one year 12 256,575 268,606
Net Assets 1,013,966 985,383
Represented by
Unrestricted Funds 13 408,976 376,708
Restricted Funds 14 604,990 608,675
Total Funds 1,013,966 985,383

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to small companies subject to small companies regime in accordance with FRS 102 SORP.

The financial statements were approved by the Board of Trustees on 19th March 2024 and were signed on its behalf by:

…………………………………. M Brooks-Evans (Chair)

…………………………………. S Hurley (Treasurer)

Page 12

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

1 ACCOUNTING POLICIES

1.1 Basis of preparation

1.2 Fund accounting

1.3 Incoming resources

1.4 Resources expended

Tangible fixed assets other than Freehold Land are stated at cost less accumulated depreciation. All assets costing more than £100 are capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which are as follows:

Extensive rebuilding work funded by the New Building Restricted Fund has resulted in larger Fixed Assets. Depreciation is therefore charged to the appropriate fund resources.

Page 13

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

1.6 Stock

Stock is valued at the lower of cost and net realisable value.

1.7 Pensions

The pension costs charged in the financial statements represent the contributions payable during the year in accordance with FRS 17.

1.8 Tax

The charity is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.

2 ANALYSIS OF TOTAL INCOMING RESOURCES

Voluntary Income:
Grants Receivable:
Community Security Trust
Donor Trust
Goldman Trust
Jack Petchey
Activities for generating funds:		 Total
Unrestricted Restricted
Fund
Funds
Funds
2023
£
£
£
3,320
-
3,320
34,716
-
34,716
147
-
147
-
1,800
1,800
38,183
1,800
39,983		 Total
Fund
2022
£
730
2,393
357
1,200
4,680
Cheder 100
100		 483
Adult Education
Fund Raising & Social Events		 7,352
7,352
1,455
1,455		 9,682
-
Hire of Garden Room
Highlight Advertising
Legacy		 -
-
295
295
2,000
2,000		 75
-
11,000
Religion & Ritual 2,302
2,302		 3,024
School Visits 1,265
1,265		 320
Other 820
200
1,020
15,587
200
15,787		 812
25,396

Page 14

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

3 SUPPORT COSTS

Allocation to activities on actual costs incurred:

3 SUPPORT COSTS
Allocation to activities on actual costs incurred:
Education Admin. Audit & Consult- Total Total
**Adult, Che- ** **& Estab- ** Account- ancy & Fund Fund
**der & Gan ** lishment ancy Prof'l 2023 2022
£ £ £ £ £ £
Cost of Generating Funds
Generating Cost of Voluntary Income 2,417 2,417 1,624
Charitable Activities
Services and Office Supplies 5,451 5,451 4,220
Education 23,594 23,594 24,121
Minister 2,562 2,562 10,663
28 Highland Road 9,472 9,472 6,605
Religious and Ritual 12,180 12,180 11,975
Governance Costs - -
Total Support Costs 23,594 32,082 - - 55,676 59,208
Education
Admin.
Audit &
Consult-
Total
Adult, Che- & Estab- Account-
ancy &
Fund
der & Gan lishment
ancy
Prof'l
2023
£
£
£
£
£
Cost of Generating Funds		 Education
Admin.
Audit &
Consult-
Total
Adult, Che- & Estab- Account-
ancy &
Fund
der & Gan lishment
ancy
Prof'l
2023
£
£
£
£
£
Cost of Generating Funds		 Education
Admin.
Audit &
Consult-
Total
Adult, Che- & Estab- Account-
ancy &
Fund
der & Gan lishment
ancy
Prof'l
2023
£
£
£
£
£
Cost of Generating Funds		 Education
Admin.
Audit &
Consult-
Total
Adult, Che- & Estab- Account-
ancy &
Fund
der & Gan lishment
ancy
Prof'l
2023
£
£
£
£
£
Cost of Generating Funds		 Total
Fund
2022
£
Generating Cost of Voluntary Income
Charitable Activities		 2,417
2,417		 1,624
Services and Office Supplies
Education
Minister
28 Highland Road
Religious and Ritual		 5,451
5,451
23,594
23,594
2,562
2,562
9,472
9,472
12,180
12,180		 4,220
24,121
10,663
6,605
11,975
Governance Costs - -
Total Support Costs 23,594
32,082
-
-
55,676		 59,208
**4 ** ANALYSIS OF TOTAL RESOURCES EXPENDED
Staff
Costs
£
Cost of Generating Funds
Generating Cost of Voluntary Income		 Total
Property
Support
Depre-
Fund
Maint.
Costs
Other
ciation
2023
£
£
£
£
£
2,417
2,417		 Total
Fund
2022
£
1,624
Cost of Generating Funds
Generating Cost of Voluntary Income
- -
2,417
-
-
2,417		 1,624
Charitable Activities
Subscription to Religious Organisation
Grants Made		 21,381
21,381
-
-
21,381
-
21,381		 21,427
- 21,427
Bromley 3 Faiths Group
Leket UK
Sadeh Ltd
Roundabout
British Friends of Rabbis for Human Rights
World Jewish Relief
St Christopher's Hospice		 452
452
3,188
3,188
4,352
4,352
3,133
3,133
-
-
-		 -
-
-
-
4,020
4,770
3,704
Other Charitable Donations, each up to £250 - 500
Other
Cost of activities In furtherance		 11,665
11,665
-
-
22,790
-
22,790		 7,436
- 20,430
of the charity's objects
Administration & Finance 22,238 22,238 20,898
Services and Office Supplies 5,451
5,451		 4,220
28 Highland Road
Catering & Housekeeping
Education
Funerals including JJBS		 29,947 38,305
9,472
47,777
5,870
5,870
23,594
53,541
-
-		 39,050
3,544
35,701
17,420
Minister 50,461 2,562
53,023		 37,862
Professional Fees
Religious and Ritual		 -
-
12,180
12,180		 -
11,975
Other 334 1,114
1,448		 728
Depreciation 31,626
31,626		 29,874
102,980 44,175
53,259
1,114
31,626
233,154		 201,272
Governance Costs
Total Resources Expended		 - -
-
-
-
-
44,175
55,676
45,285
31,626
279,742		 -
102,980 244,752

Page 15

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

5
6
7		 Unrestricted Restricted
Funds
Funds
£
£
TRANSFER BETWEEN FUNDS
Bank Charges
(66)
66
(66)
66
NET MOVEMENT IN FUNDS FOR THE YEAR
The net movement in funds for the
year is stated after charging:
Depreciation of tangible fixed assets -
for use by the charity
Independent Examiner Fee
EMPLOYEES
The average monthly number of employees
(all part time) during the year was:
Employment Costs		 Unrestricted Restricted
Funds
Funds
£
£
(66)
66		 2023
2022
£
£
-
-
-
-
2023
2022
£
£
31,626
29,874
-
-
Number
Number
19
15
19
15
(66)
66
(including teaching remuneration) £
£
Wages and Salaries
Social Security Costs (*)
Pension Costs
The number of employees whose annual emoluments
were £60,000 or more were:		 86,916
66,455
7,092
(3,476)
8,972
5,798
102,980
68,776
Number
Number
-
-
-
-

Page 16

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

8 TRUSTEES REMUNERATION AND EXPENSES

The trustees are directors of the company and received no remuneration, nor were they reimbursed any expenses in the year.

9 TANGIBLE FIXED ASSETS

COST
As at 01/12/2022
Addition
Disposal
As at 30/11/2023
DEPRECIATION
As at 01/12/2022
Charge for year
Eliminate on Disposal
As at 30/11/2023
NBV
NBV as at 30/11/2023
NBV as at 30/11/2022		 Leasehold
Land
£
326,510
5,200
0
331,710
3,481
2,654
0
6,135
325,575
323,029		 Freehold Property
& Improvements
£
990,772
0
0
990,772
364,238
19,452
0
383,690
607,082
626,534		 Furniture, Fittings
& Equipment
£
152,605
37,205
165
189,645
129,413
9,206
165
138,454
51,191
23,192		 Computer
Equipment
£
2,450
818
728
2,541
1,851
313
728
1,436
1,104
599		 TOTAL
£
1,472,337
43,224
893
1,514,667
498,983
31,626
893
529,715
984,952
973,354

Note:

  1. Leasehold land additions: Area for Ash Memorials Kemnal Park GreenAcres £5,200

  2. 2 FF&E additions: New Boilers £21,193; New Torah scroll £15,000; replacement kitchen freezer £754; Combi Drill £138; Medical Unlocked Internal Cabinet with Alarm £120

  3. 3 Computer equipemt additons: Replacement office computer £818

  4. 4 All tangible fixed assets are used for or to support charitable purposes.

  5. 5 Capital commitments contracted for as at 30 November 2023 were £Nil (2022 - £Nil).

Page 17

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

2023
2022
**10 ** DEBTORS
Income Tax Recoverable
Prepayments
Prepayments - Kemnal Park/GreenAcres
Subscriptions
Goldman Trust
CST
School visits		 £
37,174
33,172
475
556
18,240
-
930
86
-
189
1,110
240
260
80
58,189
34,323
**11 ** CREDITORS: Amounts falling due within one year £
£
Employment Costs
Prepaid Subscription monies
Prepaid Adult Education monies
Prepaid Funeral costs
Maintenance & Utilities		 7,219
7,823
1,263
1,654
1,230
670
1,450
-
3,748
3,519
Other Creditors, each below £500 350
284
15,259
13,950
**12 ** CREDITORS: Amounts falling due over one year £
£
Joint Jewish Burial Society (JJBS) 256,575
268,606
256,575
268,606

JJBS gave Bromley & District Reform Synagogue (BDRS) an interest free loan of £108,570 in July 2020 for the purpose of enabling BDRS to purchase a lease on 30 grave spaces at GreenAcres Kemnal Park Cemetery. An additonal loan of £72,380 was made in July 2022 for the purchase of a further 20 grave spaces. As at 30th November 2023, £66,316 has been repaid back to JJBS following the purchase of 18 grave spaces. The agreement with GreenAcres Kemnal Park grants BDRS a 125 year lease which is recorded in the Land Registry and covers the entire Jewish burial area of 50 burial plots for which BDRS will pay a rent of £1 per annum.

==> picture [507 x 51] intentionally omitted <==

Page 18

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

13 UNRESTRICTED FUNDS

13 UNRESTRICTED FUNDS
Balance as
at 1 Dec
2022
Transfer
Between
Funds
Realised
Gain on
Disposal
£
£
£		 Movements in Resources
Incoming
Outgoing
Depn
Balance as at
30 Nov 2023
£
£
£
£
Unrestricted Funds 376,708
(66)
-		 269,179
(223,997)
(12,849)
408,976

14 RESTRICTED FUNDS The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes.

Balance as
at 1 Dec
2022
Transfer
Between
Funds
Grants /
Donation
s
Received
£
£
£		 Movements in Resources
Interest
& Gift Aid
Received
or due
Outgoing
Depn
Asset
Balance
as at 30
Nov 2023
£
£
£
£
£
Board of Deputies
Burial Scheme
Caring Community
Cheder:Outings		 -
-
30
-
-
-
725
-
250
449
-
-		 8
-
38
-
-
-
63
(468)
570
-
(449)
-
External Charities:Donations
Jack Petchey Grant
Maintenance & Upkeep		 223
66
15,330
1,495
-
1,800
-
-
1,750		 1,986
(17,603)
2
-
(1,775)
1,520
350
(500)
1,600
Music Director/Teacher
Music for Services
New Building & Sanctuary
Pauline Jeffree Fund
Rabbi's Discretionary
Scrolls
Scrolls - Asset
Social Centre
Transport		 1,672
-
-
900
-
-
592,225
-
-
3,851
-
50
2,352
-
200
2,793
-
15,091
-
-
-
448
-
-
1,543
-
200		 -
-
1,672
-
(535)
365
-
-
(18,777)
573,448
13
(258)
3,656
50
(1,907)
695
1,851
(15,000)
4,735
-
-
-
15,000
15,000
-
-
448
125
(625)
1,243
608,676
66
34,701		 4,445
(39,120)
(18,777)
15,000
604,990

Page 19

Bromley & District Reform Synagogue Limited Charity Number 1098431

FOR THE YEAR ENDED 30 NOVEMBER 2023

NOTES TO THE ACCOUNTS

15 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund Balances at 30 November 2023 Unrestricted
Funds
Restricted
Funds
Total
2023
£
£
£
are represented by:
Tangible Fixed Assets
Current Assets
Creditors: amounts falling due within one year
Creditors: amounts falling due after one year		 411,504
573,448
984,952
269,306
31,542
300,848
(15,259)
-
(15,259)
(256,575)
-
(256,575)
408,976
604,990
1,013,966

Page 20