REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 FOR BROMLEY & DISTRICT REFORM SYNAGOGUE LIMITED (A company limited by guarantee Company Number . 04583645 {England and Wales} Charity Registration Number: 1098431 Illl 'AE43C•ZL* #37 COMP￿lEs H(JJSE Harris & Trottef LLP 1st FlcKJr South 101 New Cavendish Street London W1W6XH Bromley & Distrf¢t Reform Synagogue Limited Charity Nurnber 1098431 FOR THE YEAR ENDED 30 NOVEM8ER 2024 Contents Legal and Administrative Infomiati Re￿ of ￿ Board and Trustees Independent Examinerfs Report 10 Slalement of Fina￿la1 ActM"tEs 11 Balance Sh*t 12 Notes to Ihe financial statements 13 Bromley & District Refomi Synagogu? Limited Charity Numtser 1098431 FOR THE YEAR EMDED 30 NOVEMBER 2024 LEGAL AND ADMINISTRATIVE INFORMATION Directots and Trustees L de Lange (Chairl T Allin (WK&Chairl E Fry {Secretaryi S Hurley rrrea5urerl M Abrahams S Alberti Z Bates Fisher G Harris S Hyams G Lthnhals A Penn H &nall S s￿OrnOn N Springer J Taylor $8crelary EFry Registered Office and Principal Address 28 HTryhland Rs)ad Bromley Kent BR14AO Company Number 04583645 (England and Wales) Charity Registration Number 1098431 Independent Examiner Harris & Trotter LLP 1st Floor South 101 New Cavendbsh Slreet London W1W6XH Bankers HSBC pk 184 HKJh Street Bromley Kent BR1 1HL Page 1 Bromley & District Reform Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEM8ER 2024 REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024 structure Govemance and Man ernent The Trustees, who are also the directors of the charity for the Purposes of the Companies Act 2c￿, present their report and the independently examined linancial statements for the ypar ended 30 November 2024. The Iruslees confimi that the Annual Report and financial statements of the company compty with the current statutory requirements. the requirements of the compan￿$ goveming docun￿nt an¢J the proMston$ of the Statement of Recommended Practi￿ (SORPI, appl￿ble lo charit*s p￿paring their accounts in accordance with the Financial Reporting SlarKlards apylicable in the UK and Rewknb'c of Ireland IFRS 102) (effective 1 January 20191. Since the Chanty qualthes as small under seclKJn 382. the Strateg￿ rewrt fequired of medium and large companies urKler The Companie5 Act 20C6 (Strategic Report and Directorf5 Repjrt) Regulat￿n5 2013 15 not required. Governin Document The Synagogue was previousty an Assocthn which incwated on 6 NoNEmber 2CKJ2 and registered as a harity on 8 July 2￿3. 11 is a chartsble company limrted ty guarantee and established under a Memorandum of Association which established the objects and powers of the charilable C￿MPanY and is govemed under Articles of Association. In the event of the company being wound up members are wuired lo contnbute an amount not exceeding £1.00. Recruitment and ntment of Nthy Twstees The directors of the ccffjpany are a150 charty trustees for the Purposes of eharty law and under the cornpanvs Articles are known as members of the Board of Trustees. Under the requirements of the Memorandum and Articles of Asso¢talion the members of Ihe Board ol Trustees are elecled to serve for a period of one year after which they must be re-e*led al the next Annual General Meebftg IAGMI. Al membets are circulated with invitations to nominate trustees prior to the AGM thising them of retiring trustees and requesting nominatKJns fortheAGM. Inducti and Traini Trustees are already famdiar the chanty's obj'ectives. *tiVit￿$ and praci¢es as all Board members must be Synagogue members. Board Iruslees are usualty Membe￿ of the Synagogue for some time prior to Ih&r Board electk)n. At their first Board meeling, they are prowded vthh a note pertaining to performance expect- alions and guidelines. Since the Board is relatwely small. and actMI￿S tend to centre on the Synagogue, Board members act wilhin an active Teligious institution and community. This provides many owortunities for infomal dissemination of appropriate infomalion ￿ardIng Board fu￿11￿$ and structu￿. Trustees familiarisa￿)n with the Board and Commrtiee structure, pracltces and actm1￿5 arise through these infomial meetings and discussions, as well as commitiee membership, participation in Board meeiings aThJ Synajogue events. Or ani5alional Structure The Board ol Trustees administers the chanty directty, through an ExecLrtive Committee and through vari￿$ sub-committees. The Board meets a minimum of ewjht times annually. 11 is responsible for the strategic diwlion and poli¢res of the charty. At present. the Board of Trustees has 16 members fri)m a variety of professional backgrounds. The Board Chair is elected by the membeys lo manage and oversee day-to-day actNilies of the charty. There are subTh of lunding and actwities. Inlemal ¢ontrd r￿kS a￿ muiimbsed ty the vnp*rnenw*￿ of w£*ethtrre$ f4¥ •Jthortsalion ol all tranSact￿n5 and pmieds are in 10 ￿SUre crAnph"ath￿ healh and safety of members. staff. volunieets and ¥isitots to the Synagogue inchjding o Stall haTrJbct*. These p¢1*￿8$ are perithjrally revie¥ved lo ensure that they conliwe to ￿ed$ of ￿ charty Anclher key *m8nl in Ihe manageTrnnl of financia ftsk Is the 5etlir¥J of a rese¢¥e pow. Objectiv95 and Actlvilips The Synagogue is a tongrega1v￿ lormed with Ihe c*pdS ol*fvartwYJ PwressNe Jutssm by the pro¥B￿n d Mainlenan￿ ol publ¢ w)rshy and for such Otherchartiab￿ wrposes as govemirYJ b)ty shall determine. The tw$tee$ regukrty revw the obsectib*s and aclThfit*S ￿ ensure tw continw lo rened rts atiTrs. In carryirwJ (xrt this revi￿ the trustees have coryside￿ Ihe Charty ccthm155￿ns gerEral gU￿an￿ tyenerd ar#J parttcuLii its supplementary pUbh"Cguh1an￿ on •J¥arwEnt of relhJKNI fty the publK terEfrt. In order lo furtherthose OLiects thE governry ha5." - procured premEe5 - empltyd a part-11￿ rabt - eslabli%hed sub-cwjmrtiees . Installed equipmenl lo alltyv w-11￿ slreamiry of seryKe5. •YLdl e¢AK*k)n and guesl ￿ake1 ses$KJ - establtshed a Sunday Schod for memter5' chiklren indu¢JirrtJ a"nw* wup (c￿[ & PT&(*ederEan' - employed a part-lime Head Teathr for the Sufvjay 5thcd - prO¥￿e professional secunty off￿er forthe Sunday $¢hfX - estsbii$hed a youth programmè . established a Libfary within Ihe wemise5 - ¢stabliS￿d a by-rnonthty Social Centre f￿0kler n*rnbe - produced a magazinewhich thlaA5 al s￿>909￿*.$ lTrlvJNohn - promote(J ￿ekty elecironr wnmunK*IM)ns of impernjing reknant lo IhÈ membership. - eslabI￿hed a￿j mainiainwl aw*site and a preSeTr￿ on other social m&Jia - In$la1￿d ancl Mairta￿ed securty aThJ dr¥)r entry 5yslems for Ihe of its rn￿bers and ¥$it￿ arKI provH*d training via It￿ CST for dc3ue hosted a coffee n￿rnIng as part of the Macmillan Trust annual fund raising evenl. Page 5 Bromley & Oistrict Refomi $￿a90￿￿ Limiied Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEIABER 2024 REPORT OF THE BOARD AND TRIJSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024 mmunicatb?ns Internal cornmunicati0￿ with ￿Ernbe￿ 15 very irywrtznt. The Synagogue put4ishes a magazine calkd HKJhlwJht. whith o (x)mpkn*nied by a ￿e￿Y email cal￿￿ È-lpht. HKJhlight 15 printed arNJ sent out in the p)51 or via email rf preleThed. Print dates are lo ojinckye wlh the main lestival$. The focx5 15 on new5 of member5." what Ihey have been doing orfind ol ntere51 and %that ¢5 Seen as the priorities relvjiously. socialty and educ4lh)nalty. rather thars Immediats dates. whth are better conveyed by &lNJhl befo￿ Ihey expire. The Synagogue also has an online presen￿ via a website and other social media. Membe hi Since mcsl funding corres from memters. subscripliorts. rnaintaining rnefflte￿1p numbers is fuThJ3mental to the Synagojue A growing membership ts essentN?I 10 $llPfK)rt arMI en￿ar￿ the ¢hanWs and rt5 continuing exsterKe. Therefore Ihe synagog￿ conbnues to fr￿5 b"rr* effort in Ihis area. During the year 21 peaple wtre •Jded tr> Ihe memt*rsh¥J. This *as offset by 11 losses through ￿$19Th0￿. 3 cancelled Mert>8￿h1p5 and 10 deaths. Prernises 8 Securi An important part ol ts Board ofTrusw 1$ ¢0 efftsu￿ that tt* synagog￿.$ werntses are adequatety mainlained and secured. As well as ensuring there is seoJrity for Ser¥￿eS. cheder and other events. the Board maintsin security of the buikling and its surrwndings security L3rneras and ￿11 mainlair lighting. Ouring 2025 there will be a major asSeSs￿nI of the bU1￿￿￿j management as there are tssues with dary, gr￿nth￿rkS and the aging lÈft. Review of Financial Results STATEMENT OF FINANCLAL ACTivmES Inu)min Resourr*slRevenues Revenue for general ¢*arty purposes arises primarAyfrorn subwption$ paAI by ￿mbers. These nx)n are increased by tax cLi1￿d under Ihe &ft Scheme. Such revenue iota1￿ £173,940 compared to a budgeted fgure of E180.700. The 2023 amount VRS t186.593. The Varian￿ to budget of £6,750 15 mairty due to105s of revenue from resb3na￿n5. ren*)vzL% (for nonwyTr£ntl and death5. Other dona￿"on￿recoVerats1e tax lunrestrictedl toialled £13.325 verses a bUd￿t of £14.040. The total received for 2023 £16.785. A porDofi of Ihe mon￿5 receNed 9r3nted lo the R3bbis Di5uebonary Fund. Sales of Bunal Plols totalled £8.412 and reduce(I the loan payable to Ihe JJ8S. Grants rewvable a￿ £43.459 £32.393 was from tl* TrusL- £18.693 forthe aL#IKTrVi5ual upgrade". £8,000 towards the 60th Anniversary Party al the Brorn* Court Hotel" £4 433 lowarijs RSY-Netzer events., £590 lor Chagpjah Iithets". £517 for Hebrew ojrriculum wnsuiiancy and £160 10 refund new ￿rrt)er packs given out during the ye¥. £1.6￿ was from the Ccrnunity Seojty Trust ICSTI- £5.815 to assislwith the C051 of security 3nd £1.805 fof ProtectNe Window5 Fikn. £46was fr￿ll the Gohjman Trust to pay for Siddur Iprayei bookl to ￿ given lo yc￿n951erS *i their bar LY bal mitzvah year. £3.400 was Irorn the Jad( Petchey Foundation £2.4Tr) for the Athievernent Avdrtl Sckne arbd £1,OfKI lor the Leadership Award. The Gr8nts totsl for 2023 was £39.963. BequesVLega¢y- £73.235. One le9aGy was re￿Ned dthig the year. Th6 is not bwed. Olher Incon￿ of £18.308 in¢ludes a number of items whth arE netletl off against exper￿5 lo all¢rw a mparison lo budget. Categories over £10￿ are.. £6.185 from Hebrew aTrJ Gateway lo Judaism stthJeThts.' £3,881 for Relgion & Rilual o1ated purchases (mach￿Nn. mernorol plaques. seder b¢*et5 and non-memter HvJh Holy Days tid(etsl,' £2,683 from fund r31%ng events.. £2.480 from 60th AnTrive(sary Party lir￿t sales and £1.110 from School vtsrts. The afjusied total fof 2024 1$ £2.803 verses a budget of £3.2￿. This small small shortfall 1$ due to fe**r fund raisiThJ ￿n(S in the year th* eypected al Ihe I￿ ¢f seth.ng the budget The adjusled total for 2023 wa5 £2,229. Interest tol8lled £1.746 and was not Total Un￿striCted ￿￿nIng resour￿$1reWeThUes was £328.325 fort￿ year1£191.804 atlusted (xmnpa to a budgeted arTh)unl of £197.9401. The cornpar3b.ve r￿Ure fcr 2023 was £205.607 Bromley & District Reform Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 REPORT OF THE BOARD AND TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2024 R•sources Ex endedlEx nses 'Subscription to Religic4Js Organisab"on' of £25.190. This is a levy payn￿nI to the Movement for Reform J￿al$M {MRJI. The lewy for 2024 is ¢al¢ukted at 13.5% of pnor year subscripb.on incorne. other expenses ladju5te(I f￿ income aThJ cawtsl rtems) associate(I the Synagogue's activities and objectives a￿.. 'Minister and Religion & Ritual expenses'_ £12.122 versus a budget of £12,121. Spend during the year inclu¢Je¢J HHD Machzor sets (Synagogue CO￿es) £1,890 and 2 benches for the Kemnal Park-GreenAcres Cemetery £800. -Educat￿n expense'_ £5.701 verses a budget of £7,379 a favourable variance of £1.678. This is due to lo¥%er than budgeted cheder Costs including'._ Cheder security £950 below budget mainly due to an ex-grats"a payment of £570 form the CST.. Unbudgeted income of £433 frorn non-members. Publioty & Promoiion expense'_ £1.461 verses a budget of £2,520 a favourable variancE of £1.059. The Ixjdget was for 4 copies versus 3 actual. Printirrfj arKI t#)stage costs *Ere lower than budgeted and there was unbudgeted advertising irtcome. Adjusted costs associated (lay to day Synagogue administration inGlurJe." ?8 Highland Road expense. .of £42,257 versus a budget of £37.3SYS an adverse variance of £4,867. Ad hoc costs during the year ￿tre ndow fepairs £4.188, new oven range £4,854. call out fees £3.229. ekctrical related work £2,986 and gardening related £2,925. 'Administration, Finance & Management expertse'_ £8.209 versus a budget of £4.681 an unfavourable variance lo budget of £3,528. This variance is due to the pur¢hase of a CRM platform. approved by the 6oard dtlring the year. Stsff Costs & Teaching SalarEs'_ £109,790 vefSUS a trxjdget of £107.875 an unfavourable variance of £1,915. Finalised pay rises were higher than budgeted." Offset by lower ChederlGars payToII due lo lo*r than budgeted lea¢hing head count. The Unrestricted SOFA net excess for the yearof £77.416 gives. after a4'usting for income and capital items. is an excess of income over expenditsjre of £59.802 versus a budgeted excess of £289. Detsils ol unrestricled funds movements are set c4Jl in Note 13 to Ihe Accounts. BALANCE SHEET Fixed Assets Details ol capital expenLllure are set out in Note 9 to the Accounts. Reslrieted Funds The New Building & Sanctuary fund ended the year ￿ a balance of £554.671 and the S¢roll pur¢hased in 2023. £15,000. These represent caprtalised anw)unts. Other restricted funds totalled £17,170. Details are set out in Note 14 to the Accounts. Subscri lion Rale Increase These days everyone is facing hKJher costs and the Synagogue is no excepts'on. Membership subscrTrptions are requireunts ofthe Cornpany forthe year ended 30 Novemter 2024. Responslbllities anql 8as15 of Report As the Trustees ofthe Ccmnpany (and its directors for the purposes of company law) you are responsib￿ fortt* accounts In accordance wth the requirement5 ofthe Compan￿$ Act 20fA8 Ilhe 20Cfj Acri. Having satisfied mysett that Ihe accourts ol the Cornpany are nol required to be audtsj under Part 16 oflhe 2006 Act and are eligible for independent examination. l ￿pOrt in ￿pect of my examinati￿ of the Company5 8c£ounts carried out under seclion 145 of the Charits5 Act 2011 I'lhe 2011 Adl. In carrytng Out my examination I have followed the Directions given by the Charity Cofflmission under sectK)n 145{5llb) ol the 2011 Act. Independent Examinerfs Slatement Since the Companvs gross wicome exceeded £2SO,WO your examiner must be a member of a body listed in seC￿On 145 of the 2011 Act. I confirni that l am qualrf*d to undertake the examination because l affl a rnember of ICAEW. which is one of Ihe listed bodies. I have completed my examination. I ccffifim) that no matters have come to rry aitenlion in cwnection wlh the examination ving me cause to believe.. 1. accounting records were not kept in ￿Spect olthe Conwany as ￿qUired by secbon 386 of ihe 2(Kb Act.. or 2. the accounts do not accord vJilh Ihose records.. or 3. the accounts do not ￿mplY wth the accounting require￿￿nts of section 396 oflhe 2LM)6 Act other than any ￿qUireN￿nt tha¢ the accounts give a'true and fairf view which 15 not a matter considered as parl of an independent examination," or 4. the a￿￿unt5 have not been pfepared in accordance ￿th the meihods and principles ofthe Stalemenl ol Recommended Piactice fcw accounb.ng and reporting by charibes lapplicab￿ to tharitEs preparing their ac£ounts in accordance wilh the Finanual Re￿￿n9 Standard appl￿ble in the UK and Republic of Ireland IFRS 10211. I have no concern5 and havè come atYOSS other matters in connection vrith the examinats.on to attenlKJn should be drawn in ihi5 report in ￿der to enable a Pfoper understaTrding of the acwjnts lo be reached. This ￿pOrt is rnade sdety to the Companls Trustees. as a b￿ty. in accorda1￿ Part4 ofthe Chariknes (Accounts and Reports) Regulations 2(MJ8. My work has been undertaken so Ihat I mighl stste to the Company's Trustees those matters l arn required to state to ihem in an Independenl Examiners Report and for no other purpose. To the fullest extent permitted by law, l ¢Jo not accept or assume responsibilty to anyone other than the Company and the Companls Trustee5 as a body, for my work or for this report Hugh Lask FCA CTA Harris & Trolter LLP 1st Floor South 101 New Cavendish Street London W1W 6XH Signed.. Dated". P•3e 10 Bfomley & Distrlct Reforni Synagogue Limlled Cbarlty Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcled Restricted Funds Fund5 Total 2024 Total 2023 Notes INCOM114G RESOURCE Incomlng Resou￿¢$ from Generated Funds: Voluntary Income.. Subscriptions Rec'blelRee4)verable Tax Donations Rec'blelRecovefable Tax Sale of Burial Plots Grants Receivable 173.940 13.325 8.412 40,059 173.940 55,612 8,412 43.459 186.593 53,931 12,031 39.983 42.287 3.400 Activities forgenerating funds." BequesULega Other Income 73.235 17.608 73,235 18.308 2.000 13.787 700 Inleresl Income Totsl Incoming Resources 1,746 328.325 1,746 374.712 46.387 308.325 RESOURCES EXPENDEO Costs of Generatlng funds 1.7 1,796 2,417 Charitable Activities Subscription to Re1￿lOuS Organisat Grants Made Cost of activib.es in furtherance of the Char"ty's Objects Governance Costs Totsl Resources Expendgd 25,190 25,190 24,585 263.873 21,381 22,790 233.154 24.585 40,010 223,863 250,849 64,595 315.444 279.742 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE TRANSFERS Gross Transfers between Funrjs NET MOVEMENT IN FUNDS 77.476 60 77.416 {18.2081 60 118.1481 S9.268 28.583 59.268 28,583 Reconctliation of Funds Total Funds brought forward Total Funds carried forward 408,976 486.392 604,990 $86.842 1.013,966 1,073.234 985,383 1,013.966 The notes on pa9es 12 10 20 form part ol these accounts The staien*nl of finanual actm1￿5 irtI￿e$ all gaiThs and losses in Ihe year All ￿(om1r¥￿ resour￿5 and resources expended derive from continuing acti¥it*s. Page11 Bromley & District Reforni Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 BALANCE SHEET AS AT 30 NOVEMBER 2024 2024 2(Y23 Notes Fixed Assets Tangible Assets 975,376 984.952 Currenl Assets Stocks in Shop Debtors Cash at Bank and in hand 2,295 58,189 240.364 10 55.575 304.853 363.334 300.848 Current Liabilities Creditors.. wnounts fallirKJ due wrthin (M￿ year 11 17.313 15.259 Non-current Liabilities Creditors.. amounts falling due over one year 12 248.163 256.S75 Net Assets 1.073.234 1,013,966 Represented by un￿StrICted Funds Restricted Funds Totsl Funds 13 14 486.392 586,842 1.073.234 408.976 604.990 1,013,966 The charitable company is entitled lo exempti￿ from audit under SectK)n 477 of the Companies Act 2006 for the year ended 30 November 2024. The membefs have not required the charitable company to oblaTn an audit of tts financial statements for the year ended 30 November 2024 in accordance wlh section 476 of the Companies Act 2006. The trustees acknO￿edge their responsibilrtEs for {al ensuring that the charitable company keep5 accounting records that o)mply wrth section 386 of the cOmpan￿sACt 20￿ and Ibl preparing financial slalements which gNe a twe and fair vw of the stale of affairs of the charitable company as at the end of e&h financial year and of ils surplus or deficit for each financial year in accordance with the requirements of section 394 and 395 and wh￿h otherwise compty wrth the requirements of the Companies Act 20C6 relating to finan¢ral statements. so far as applicable to the Charitab￿ c(xnpany. These financial stslements have been prepared in accordan￿ wilh the provisKJns appluble lo small Compan￿ subject to small corYwan*s regime tr) accordance FRS 102 SORP. The financkal statements were approved by the Board of Truslees cffl 10th March 202S and.were sw3ned on ts behaW by. L de Lange Chairl udey (Treasurer) Page 12 Bromley & District Reforni Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS 1 ACCOUNTING POUCIES 1.1 Basis of preparation - The financial statements have been prepared in accordance wth the Charrties SORP IFRS 1021- A¢￿tAnts"￿9 and Reportir#J by Chanties." Statement of Recommended Practice appli¢able to charities preparirKJ their accounts rn accordance wth the Finanoal ReFM)rting Slandard a￿licat￿e in UK and Republic of Ireland IFRS 1021 leffeth.ve 1 January 2019). the FinarKial Reporting Standard appli¢aNe in the UK and Republic of I￿land IFRS 102) and the Cc¥npanies Acl 20C6. - Br￿leY & Disln'ct Reform Synagogue Limited rneets the definition of a pulJic benefit entty under FRS 102. Assets and liabilth.es ￿ iftth.alty recognised at htsttirieal tost L¥transa¢b"on value unless otherwise stated in the ￿tevant acccwjnbng pdy. 1.2 Fund a¢¢ounting - UNestricted fvnds are aVaila￿e for use at the discrebon of the Bowd oftrustees in fiJrtherarrE of the general objecb.vès af the chanty. - Restri¢ted funds are subjected to SFeufic restrictions on th￿'r eX[￿kn1e imp)sed by the donor or through the terms of an wal. The use5 01 the restric*ed lurKts set ¢xrt in the ngtes to trE financial ststements. 1.3 Incoming resourc¢s . D<)natK)ns, legacies. subscripts'ons ￿ other forn￿ of vc4untary income are recI￿lSed as irKoming resources vthen receiVa￿e, except insofar as Ihey are inrapalle of finartial measurement Income tax recoverable in lda11￿ to donab"on$ a￿1 subscriptions r￿1ved Lmider Gift ale also recognised receivable. 1.4 RÈsotsrc•s èxpended - Expenditure is recognised on ￿ accrual basis as a liats.lty is IrcUr￿d. Expèndrture indudes any VAT which are irrecoverable. arKI 15 repYJrted to the SOFA 3$ part of the expenditure to which it rdates. - Expenditure on grants is recorded orre the Trust has made an uncondib.onal commitmenl to pay the grant and thi5 is (x)mmunicated to the benefiaary or the grant has been paid, whithever is the earlièr. - Al eosts are alIc￿ted btheen the eX￿ndrtUre catewes of the SOFA on a basis designed to reflect the use ol the resource. Costs relatir4J to a partiojlar acaivity are all¢tstÈd dire¢Uy, others are oPPOrt- ioned on ￿ appropriate basi5 e.g. fl(x)r areas. per rAwta ￿ estimated usa9e. - Charitable expenditure comprises those cosls irKJJrred by the tharity in the ddivery of its ac*ivities and service5 for its benef￿aries. 11 indudes ￿)Sts that Can ￿ alktated directly to su(*) ath"¥￿e$. The value of serwces provKled by volunteers has not teen induded in these acrnunts. - Cost of generating funds comwse the rA>sts asswated attrath.ng vduntary in¢>)rne thè costs of trading for lundraisir¥J purF4)ses including chanty's shop. - Govemance CL*Sts indude those costs assoriated with wb"rwJ ts consbtub.tywl ststtrtory require- rnents of thè cJ)arty arKI in¢Jude the au¢Jrt fees and costs linked to the strategic management ol the arity. Administration expenditure indudes all direca expenditure not direcxly related lo the charitable activty or cost of genwattng funds. These indude ￿$ts of r￿ning office p￿rnISes and saiaTies for administr3kn.ve staff. 1.5 Tangible fixed assets and depreciation Tan9ible fixed assets other than Freehold Land are stated at cost less a¢oJmulated depreriation. Al assets Costing more than £100 are caprtalised. Depre(xab"on is provided at rates cakulated to write off the cost of each asset over rts exF*ded useful lrfe, a￿ as follows.. - Freehojd land aThY l)uildings Not depreciatèdlNil Freehold improvements Straighl line over 50 years - F￿t￿res, fittiryJs & equsK¥I)ent Straight line o¥er 7 years - Fixtlires. fitb"rvJs & eqUip￿en1- Scrolls Computer Equipment Straight line ovw 5 years - Leasehold Larnl - Kemnal ParklGreenAt7e5 Straight line ovèr 125 yÈars Extensive rebuilding work funded by the New Building RestrTrcted Fund has resurted in larger Fixed Assets. Depreciabon IS therefcrfe Charged to ts aptyowiate fvnd resources. Page 13 Brornley & District Reforni Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 P40VEM8ER 2024 NOTES TO THE ACCOUNTS 1.6 Stock Stock is valued al Ihe of ￿$1 and net realisable value. 1.7 Pensions The pensK)n costs charged in the financial sL2tements represent the corrtributh￿s payable during the year in accordance wrth FRS 17_ 1.8 Tax The charrty is a wistered charity and accordiThJty ts exempt from taxatKJn on rts I￿orne and gains where they are applied for charitable purFK)ses. 2 ANALYSIS OF TOTAL INCOMING RESOURCES Total Unre5trithd Restricted Fund Funds Funds 2024 Total Fund 2023 Voluntary Income: Grdnts Recewable.. Ccmmunity Security TTUSt Don(y Trust Gobdman Trust Jack Pet¢hey 7,620 32.393 7.620 32.393 3,320 34,716 147 1,800 39,983 3,400 3,400 3,400 43.459 40,059 Actlvities for generating funds: Cheder EdL￿￿10n .' Adull Fund Raising & S(xial Events H￿hI￿ht Adverts"sing Legacy RelKJK>n & Ritual School Visits 60th Anniversary Paty Other 433 6.185 2.683 335 73.235 3.881 1.110 2.480 501 90.843 433 6,185 2.683 335 73.235 3,881 1,110 3.180 501 91,543 100 7.352 1.45S 295 2.000 2,302 1,265 7(K) 1.020 15,787 7C(J P*e 14 eromley & Olstrlct Reform Synagc*j￿ Umlted Charity Nurnbvr 1098431 FOR TrtE YEAR ENDEO 30 NOVEMeER 2024 NOTES TO THE ACCOUNTS 3 SUPPORT COSTS Allocation lo acbwbe5 ￿ xtual ¢osts incu￿&1". Education Admln. A￿Jrt & Consurt- AthIL Cho- & Estab- ACc￿n1- anty & der & Gan lishmert ancy Pro Total FurKJ Fund 2024 2023 Cost of Generain9 FuThts Gw8ralifjg Costof Vclunt•ryln¢( Charitable Activities SeNKe5 and Offi￿ E¢JLKatts)n Inist 28 Hb3hLand R4)ad Relig￿Lts RibAI 1.7 1.7 2.417 8.764 8.764 17.696 4.772 5,451 Zd,594 2,562 9,472 12,180 ,676 17, 4.772 16.637 41.602 16.637 T£lal Suppwt Costs 17.696 4 ANALYSIS OF TOTAL RESOLIiCES EXPENDEO Totsl FuThJ 2024 Tolal FUTKJ Staff P￿￿rtY Sy ciation 2023 C05t ol Genwallng Fw Generatmg Costof vo￿nIary Inco 1.7 1.7 1.7 1,7 2.417 2.417 CharitsbkActi¥iti•s 25,1￿> 25,1 25.1 21.381 21.381 Made Bribsh Friends of ￿e Shakyn St Chri51opherf$ Hosp￿* Ltd JewK5h CarelJarni y 3 Failhs GroLP Leket UK Sadeh Ltd RourKlaboul Other Charit*4e Donations, each up lo £250 4.272 3.917 4.4 4.272 3.917 452 3,189 4.352 3.133 11.916 24.585 11.916 24.585 11.e65 22.7￿1 Costofa¢b"vil￿s lurtlernrte ollhe charitys ¢)OJects ministr81￿)rI a FinarK8 SwKes arnl Office Sw>pl*s 28 HwjhIar￿ Road CateriNJ & Ho￿keep1￿j 23.282 8.764 36.151 4,714 50.159 18.779 58.447 22.238 5,451 47.717 5.870 53.541 8.764 9,633 26.518 4,TT4 17. Funerals 1￿u￿ryj JJBS Minster Profess￿￿81 Fee5 RdKJtous and Ritt￿1 Otl*r 18.779 53.675 4.772 53.W23 16,637 16,637 11.997 34,883 34.883 34.883 263.873 12.180 370 11.627 31.626 233.154 109.7 31.292 S7.9)2 Xl.4 109,79) 37.292 59.298 8D.181 34.883 315.444 279.742 P•3e15 Bromley & Oistricl Refom) Synagogue Limited Charity Number 1098431 FOR THE YEAR ENOEO 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS Unrestricted Resirthd Funds Funds 2024 2023 S TRANSFER BETWEEN FUNDS Bank Charges (801 601 2024 2023 6 NET MOVEMENT IN FUNDS FOR THE YEAR The net movement in fvn¢Js for the year is staled after charging: DeprecialK)n of tangible fvKed assets- for use by the charrty 34,883 31,626 Independent Examiner Fee 7 EMPLOYEES Number Numter The average monthty number of employees (all part lime) during the year was.. 24 19 Employrnent Costs (including teachftng remunerntion) Wages and Salaries Social Security Costs Pension Costs 94,917 4,701 10,173 109,790 88,201 5.808 8,972 102,980 ' Prior year line alk**KJs restated. No ch￿e to bottom line Number Number The number of employees vthose annual emoluments were £60.C4X) or more were". Page 16 Bromley & Dlstrlct Relomi Synagogue Limlted Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS 8 TRUSTEES REMUNERATION AND EXPENSES The trustees a￿ direclors of the company and ￿¢eNed no remuneralion, nor VoEre they reimbursed any expenses in the year. 9TAN IBLE FIXED AS Leasehold Freehold Property FurnItu￿. Fittings Land S Improvements & Equipment Computsr Equipment TOTAL co As al 01112r2023 Addition Disposal As al 3011112024 331.710 990.772 189.645 23.390 2.540 1,917 -692 3.765 1,514,667 25,307 -692 1,539.283 331.710 990.772 213,035 DEPRECIAMON As al 0111212023 Charge for year Eliminate on Disposal As al 30111r2024 6.135 2.654 383,690 19.452 138,454 12.080 1,436 897 692 1,442 529,715 34.883 692 563,907 8.789 403.142 150,534 N8V N8V as at 3011112024 322.921 687.630 61501 2.324 975,376 NBV as al 3011112023 325,575 607.082 51.191 1.104 984,952 Note: 1 FF&E additions". AV Project £17.387." Electn"¢ Free-Sts￿ling Induclion Oven RaThJe £4.854,' TvK> benches at GreenAcres £800. Wireless Bluetooth Speaker £349 2 COmp￿eT equiprrEnl addilions.. Replace￿￿￿1 Laplop for Head Teacher £729.. AV Project Laptop £1.188 3 All tangible fixed assets a￿ used for or to support charitable purwses. 4 Capitsl commitments contracted f￿ as 8t 30 Novernt*r 2024 *tre £Nil {2023- £Nil). Page17 Bromley & District Refom) Synagogue Limited Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS 2024 2023 10 DEBTOR Income Tax Recoveoble Prepayrnenls- Kemnal Park-GreeTrAcre5 Prepayrnents- Other CST Subscriptions- late paid Interest School vi5ts 34.072 18.240 1.079 1,475 441 37.174 18,240 475 1.110 930 80 $5.575 280 58.189 11 CREDITORS: Amounts fallin due within one Employment Costs PrepaKI SubscriptK)n Maintenance Adult Education. prepaKI n￿n Adult EduCat￿n.. Other 7.033 2.533 2.164 1.784 930 1.161 825 7,219 1,263 2,649 1.230 1.098 Security Prepamd Funeral costs Other Creditors. each belThv £500 1,450 350 15.259 883 17,313 12 CREDITORS: Amounts falli due over one ear Joint Jewish Burial Swiety {JJBS) 248.163 256.575 256.575 JJBS have given Bromley & District Reform Synagogue IBDRSI interest free kians totalliThJ £326,510 to enable BDRS to purchase a lease on 80 grave SPa￿S al GreenAcres Kemnal pa￿ Cemetery. As at 30th November 2024." £78.347 has been repaKI back lo JJBS following the purchase ot 21 grave spa￿. Seventeen at the original price of £3,619 and four al the current prKe of £4.2C6 The agreement with GreenAcres Kemnal Park grants BDRS a 125 year lease wh￿h is recorded in the Land Registry at a rent of £1 per annum. Page 18 Bromley & District Refonn S￿agogUe Llntied Charity Nurn￿r 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS 13 UNRESTRICTED FUNDS Movernents in Resources Balance as Transfer Reahstd at1 Oec Betsveen Gainon Incoming Outyoing Oepn 2024 Funds Di5pwI l•n¢¢ as at 30 Nov 2024 Unrestricted Fund5 408 976 60 328.325 234.743 16.1fk8 486.392 14 RE TRIC The Income funds of the charity indude r85tTKled fuTrJ5 Co￿vris￿ Ihe lo*xing u￿Xpended balan￿ ol dDnalions artd grants hekd on Iwst for spec4ft pU￿se$. Balan¢e as Trtnsfer at 108c e¢lween 2024 Funds Grants I Internst Donation & GIft￿d Outg￿9 Depn Balance as at 30 No¥ 2024 Receiv•d Board of Depu￿e5 Burial Scheme Caring Community External Charities Donations Events Jath Petchey Grani Jack Petchey Granl- Leadership Award Maintenance & Upkeep MUS￿ DiretlorlTeather Musr for Services New Building & Sancluary Pauline Jeffree Fund Rabbi's Discretionary Secunty Scro115 Scrolls- Assel Social Centre Transport 1381 18.779 118.7791 14401 119.7851 570 13 17.443 700 2.4Th) 700 2.549 11.3711 (l.L￿) 11,6WI 12401 13651 1.672 1.432 573.448 118.777) 554.671 3.631 1251 {1.0761 11901 695 2.379 2S0 1.060 4,735 15,000 448 394 586.842 I5.(￿M) 448 1.243 100 43 801 949 P4e 79 Bromley & District Refomi Synagogue Limiled Charity Number 1098431 FOR THE YEAR ENDED 30 NOVEMBER 2024 NOTES TO THE ACCOUNTS IS ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted Funds Funds Total 2024 Fund Balances at 30 November 2024 are represented by: Tangible Fixed Assets Current Assets Creditors.. amounts falling due wrthin one year Creditors". amounts falling due aftef one year 420.705 330.963 117,113) 1248,1631 486,392 554.671 975.376 32.371 363.334 (200) 117.3131 {248.1631 586,842 1.073.234 Unrestricted Restrkted Fund$ Funds Total 2024 Fund Balances at 30 November 2023 are ￿presented by: Tangible Fixed Assets Current Assets Credrtors.. amounts falh'ng due within one year Credilors.. amounts falling due after one ye 411,504 269,306 115,2591 1256,5751 408,976 573.448 31,542 984.952 31X).848 115,2591 {256,5751 604,990 1.013,966 Page 20