COMPANY REGISTERED NO: 07240029
BETH SHALOM REFORM SYNAGOGUE
CHARITY REGISTERED NO: 1136605
STATEMENT OF ACCOUNTS
for the year ended
31 August 2024
BETH SHALOM
72i¥v n* J
REFORM SYNAGOGUE CAMBRIDGE

BETH SHALOM REFORM SYNAGOGUE
Contsnts Page
for the year ended 31 August 2024
INDEX
PAGE
Legal and Administrative Information
1to2
Trustees. Annual Report
3to7
Independent ExaminePs Report
Statement of Financial Actwities
Balance Sheet
10
Notes to the Accounts
11to22

BETH SHALOM REFORM SYNAGOGUE
Legal and Administrative Infonnation
for the year ended 31 August 2024
Board of Trustees and Dlrnctors
David Karat
Honorary Chair
Honorary Secretary
Honorary Treasurer
Danielle Ross
Mike Frankl MBE
Aurore Karat
Chair- Buikling Committee Resigned 14 April 2024
Council Member
Peter Goldstein
Prof. Anna SapirAbulafia
Simon Gallant
Council Member
Council Member
Prof. Daniel Weiss
Council Member
Glenn Richer
Dr. Nicholas Shenker
Council Member
Appointed 14 April 2024
Appointed 14 April 2024
Appointed 14 April 2024
Appointed 14 April 2024
Council Memb
Mark Ryten
Sarah Stacey
Council Member
Council Member
Aga Cahn
Antoinette Fox
Council Member
Resigned 14 April 2024
ReS￿ned 27 November 2023
Resigned 14 April 2024
Council Member
Sheila Levy
Council Member
Registered Offlce
Auckland Road
Cambridge
CB5 8DW
Mambor3 Of:
Movement for Reforni Judaism
80 East End Road
London
N3 2SY
Jewish Joint Burial Society
Bulls Cross Ride
Cheshunt
Waltham Cross
EN7 SPF
Independent Examiner
K J Maggs
H￿krnan Way
Spalding
Lincolnshire
PE113HE
Reglstered in England & Wales as a company Ilmlted by guardntee wlth No. 07240029
Page 1

BETH SHALOM REFORM SYNAGOGUE
Legal and Administrative Information (continued)
for the year ended 31 August 2024
Solicftors
Ward Hadaway
Sandgate House
102 QuaysKle
Newcastle upon Tyne.
NE13DX
Bankers
HSBC
63-64 St Andrews Street
Cambridge
CB2 3BZ
Insurance Brokers
Astonlark
Ross House
Kempson Way
Bury St Edmunds
Suffolk
IP32 7AR
Registered in England & Wales as a company limrted by guarantee with No. 07240029
Page 2

BETH SHALOM REFORM SYNAGOGUE
Annual Report
for the year ended 31 August 2024
The Trustees present their report and financial statements for the year ended 31 August 2024.
The financial statements compty with current statutory requirements, v￿th the Memorandum and Articles of
Association and with Accounting and Reporting by Chartties.. Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard appluble in the UK
and Republic of Ireland issued in October 2019.
BSRS, a prwate limTted company by guarantee (company number 07240029). is governed by its
Memorandum and Articles of Association. The liabilty of the Members in the event of the company being
wound up is limited to a surn not exceeding £1 each. The management and affairs of BSRS are managed by
Council which is elected at each Annual General Meeting. It has no related parties. see note 13.
Beth Shalom Reft)rm Synagogue (hereinafter - BSRS) was registered as a charitable company (charty
r6gistration number 1136605) on 28 June 2010. with the purpose of provKJing a Refomi Synagogue for the
purposes of public worship and advancing ￿ligiouS and educational activiti'es for the residents and students of
Cambridge and its environs. On 14 April 2024 new objects were adopted to advance the Jewish religion for
the benefit of the public by providing a place for worship and advancing of the Jewish fath and by raising
awareness and understanding of Jewish religious beliefs and practices through social, cultural, humanitarian,
communty and educational activities in connection with the practice of the Jewish faith through the provision
and maintenance of a Refonn Synagogue.
The current actlvftles of BSRS include:
Religious services, which are held regularly in the s￿agogUe. The hybrid facility to enable those who
cannot get to the synagogue to parbcipate in services from home has been continued;
Religion school (Cheder) for members. children aged 5 to 12 years. held weekty in the synagogue during
school tem time;
Following the receipt of a grant, a new programme for teenagers stsrted in September 2024.
Adult Hebrew and bible study classes;
Social, educational and cultural activities"
Supporting local social action prc¥ects. and assisting other charities working to support homeless people.
• Funeral services for members, their non-Jewsh partners and children under the age of 18"
The Wednesday lunch club for our members and other local people, an event supported by a National
Lottery grant"
Welfare care and assistance;
Distribution of a weekly el8ctronic newsletter. maintaining our website and updating members on Jewish
community related events in Cambridge and its Nrycinty.
Providing a 'Gateway to Judaism, programme for those considering becoming Jewish"
Outreach activf(ES for schools and other non￿ewiSh organisations about Judaism and Reform Judaism (all
run by volunteers).
Co-ordinating wth and supporting the Israeli communty in Cambridge in ￿luC￿lOn and social activities.,
Achlevements and highlights for 202312024
We have continued to offer an extended range of services in synagogue and via Zoom including Kabbalat
Shabbat, Havdalah, Shabbat morning and Festival Servi￿$. We have had to recognise the increased risk
to Jewish communities and have taken steps to employ professional securty to protect our community.,
We continued to involve a wide range d people in the delivery of our services and try wherever possible to
engage new members.
There YRre Six Bnei Mitzvah durin9 the year.
There were two weddings.
Psge 3

BETH SHALOM REFORM SYNAGOGUE
Annual Report (continued)
for the year ended 31 August 2024
Achievements and hlghlights for 202312024 (contlnued)
We have continued to offer a wide range of study opportuntties. talks and social events, and in conjunction
with other Cambridge Jewish Groups these include a Book Group. Lost Tribes hikes, Drama Group
performances and a Women's Spiritual Group"
Our work with other faiths has continued and we contribute to plan and participate in ongoing events,.
We parttcipated in a mutti faith blessing at the new Air Ambulance Centre.
• We have continued to offer conversion classes which have been held on Zoom (with a growing number of
new candidates). Three candidates have been accepted into Judaism by the Bett Din during the year,.
Rabbi Dr Lary Hoffrnan spent a weekend with the communty. teaching in services on Friday evening and
Saturday morning, and talking to parents on Sunday morning alx)ut Bnei Mitzvah:
New adutt leaming activtties included Tikkun Leyl leaming sessions on Shavuot with coordinated activities
with the local Israeli communty.
We continue to support the Cambridge Churches Homeless Project {CCHP) at Crossways house, providing
volunteers throughout the wtnter.
Our High Holy Day appeal raised £4.913 for East Anglian Children's Hospi￿ and £5,064 for Mylsrael which
is dedicated to supporting vulnerable people in Israel:
Our web site has been revwj and improved:
We continued our OLrtreach programme visits to schools. and recommenced school visits to the
synagogue"
The changes to our Articles of Associats'on were approved by the Charity Commission and were adopted at
the AGM in April.
Memborship numbers
Membership as at 31 August 2024 consisted of 222 households comprising 456 members made up as
follows:
Adu￿ members
Associate members
Friends
Students
Children under 18
An overall total of
293
15
16
39
93
456
Financial review
Unrestricted income at £167,546 was higher in 2024 compared to 2023 (£134.448). Membership
subscriptions increased to £94,667 (2023 £87.819). grft aid received was higher at £18.354 (2023 £17,912).
Improved interest ratos and the trustees policie8 1&7d to an increase in investment income to £6,200 (2023
£580).
Restricted income Inc￿Sed to £102.789 (2023 £49,757). mainly due the level of grants received for our
Warm Space and Youth Work projects. See note 11 to the financial statements for details. The trustees are
grateful to The National Lottery for their grant amounting to £15.200 arKI other grant makers to further the
development and education of young Jewish people in CambrKlgeshire.
Unrestricted expenditure increas￿1 to £144.701 (2023 £121.286) mainly due to Inc￿Sed maintenance and
repair costs and the requirement for additFonal professional security. Restrthd expenditure slightly decreas
to £72,403 (2023 £78,896).
Page 4

BETH SHALOM REFORM SYNAGOGUE
Annual Report (continued)
for the year ended 31 August 2024
Flnancial review (continued)
The Unrestricted Fund surplus increased to £22,845 {2023 £13.162). The Restricted Funds increased to
£30,386 (2023 £29,139) due to grants received.
Total cash reserves increased to £164,467 (2023 £77.539) during the year.
Future Plans
We plan to continue with a full range of regular Shabbat and Festival services. while looking for a variety of
ways to encourage more people to attend.,
Ten b'nei miizvah are scheduled between Autumn 2024 and Summer 2025,.
• The new youth and teenage programme will continue to be developed:
We will continue to reach out to members of the communty in need of support.,
We are planning on participating in the Cambridge Churches Homeless Pr(¥ect again and we will continue
our efforts to make a posrtive contribution to the wder community;
• We will continue to be an active participant in the interfath programme led by the Wwlf Institute and will be
hosting an event in January 2025"
Increased number of study sesssons are planned to augment our adult education programme.
Reserves and Investmont Pollcy
The reserves and investsnent polry of BSRS is to keep available resetves equal to one half year of nomial
expenditure. Our unrestricted cash reserves are £97.873 at 31 August 2024 of which. the trustees have
designated funds for buikling refurbishment of £16.250.
The free resep4PS are therefore £81.623. which represents a surplus of £10,083.
Risk Assessment
Major risks facing BSRS have b*n identffied as far as possible and steps taken to mitigate them.
Grant Making Policy
BSRS holds an annual H￿￿h Holy Day appeal, raising funds for {1) BSRS, (li) an Isra81i charity, and {iii) a local
Cambridge-based communty charity.
Going Concorn
The synagogue has now returned to full pr￿pandeM￿n0ckdOwn activities, putting on regular weekly services,
celebrating all of the Jewish festivals and offering a wide range of activities to our members. We have
adequate reserves to ensure continuty over the next year.
Page 5

BETH SHALOM REFORM SYNAGOGUE
Annual Report (continued)
for the year ended 31 August 2024
Members of the Board of Trustees, who are directorn for the purposes of company law, who served
during the year and up to the date of this repor¢ are:
David Karat
Honorary Chair
Danielle Ross
Honorary Secretary
Mike Frankl MBE
Honorary Treasurer
Aurore Karat
Chair- Building Cornmittee
Mark Ryten
Council Member
Aga Cahn
Council Mern￿r
Dr. Nicholas Shenker
Council Member
Antoinette Fox
Council Member
Sarah Stacey
Council Member
Peter Goldstein
Council Member
Sheila Levy
Council Member
Prof. Anna Sapir Abulaf
Council Member
Simon Gallant
Council Member
Prof. Daniel Weiss
Council Member
Glenn Richer
Council Member
Resigned 14 April 2024
Appointed 14 April 2024
Resigned 14 April 2024
Appointed 14 April 2024
Resigned 27 November 2023
Appointed 14 April 2024
Appointed 14 April 2024
The Trustees (who are also the diwors of BSRS for the purposes of company law) are responsible for
preparing the Trustees. Annual Report and the financial statements in accordance with the applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pract￿e).
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
resour￿, including the net income and expendrture. of the chartlable company for the year. In preparing
these financial statements. the Trustees are required to:
select Suitable accounting polictes and apply them consistently,
observe the methods arKI principles of the Charilies SOP 2019 {FRS 102)..
make judgements and estimates that are reasonable and pwdent,.
state whether applrcable UK accounting standards have been followed, subject to any material departures
disclosed and explained in the financral statements". and
prepare the financial statements on the going concem basis unless rt is inappropriate to presume that the
charitable company will continue in operation.
The Trustees are reSpOns￿le for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that the
financial sLatements comply with the Companies Act 2006.
Page 6

BETH SHALOM REFORM SYNAGOGUE
Annual Report (continued)
for the year ended 31 August 2024
ststemgnt of Trustee's Responslbllltles (continued)
The Trustees are also responsible for safeguarding the assets of the charitable company and hence for tsking
reasonable steps for the prevention and dete￿n of fraud and other irregularities.
In so far as the Trustees are aNrdre'
there is no relevant infonnation of wh￿h the companys independent examiners are unaware" and
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
independent examination infomiation and to establish that the independent examiners are aware of that
information.
The Trustees have authorised the following Honorary Officers to s￿n this annual report on their behalf:
Approved on behalf of the Trustees on .
..2025.
avld Karat
hair
Mlke Frdnkl
Treasurer
anielle Ross
Secretary
Page 7

Independent Examinerfs Report to the Trustees of
BETH SHALOM REFORM SYNAGOGUE
for the year ended 31 August 2024
I report to the charty Trustees on my examination of the accounts of the charity for the year ended 31 August
2024 which are set out on pagés 9 to 22.
Responsibilities and basls of report
As the chanty Trustees of the company (and also its directors for the purpos8s of company law) you are
responsible for the preparation of the accounts in accordan￿ with the requirements of the Companies Act
2006 (Ihe 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audrted under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of your
company's accounts as Garried out under sedion 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out
my eXaMinat￿n I have foll0v￿1 the Directions given by the Charty Commission under section 145<5)(b) of the
2011 Act.
Independent examiners Statement
I have completaj my examination. I cOnfi￿n that no matters have come to my att8nb.on in connection with the
axamination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,.
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of sectron 396 of the 2006 Act other than
any requirements that the accounts give a Irue and fair which is not a matter considered as part of
an independent examination: or
the accounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance ￿th the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102).
I have no concems and have come across no other matters in conneth'on with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
K.J. Magg
Chartered
Spalding
.A., F.C.A.
ccountant
2025.
Page 8

BETH SHALOM REFORM SYNAGOGUE
statement of Financial Activity (including income and expenditure account)
for the year ended 31 August 2024
2023
Total
Notes
2024
Unrestrlcted Restrlcted
funds
funds
Total
Income from:
Donations and 18gacie3
Charitable activities
Other trading activities
Investments
38,911
120,118
2,317
6.200
13.166
89.623
52,077
209,741
2,317
6,200
42,826
139,595
1.204
580
Total Incomlng ro8ources
167.546
102,789
270.335
184,205
Expondlture on:
Raising funds
Other trading activrties
Charitable activitie8
350
274
199,558
1.620
143.081
1.620
215,484
72,403
200.182
Total expend￿ rosourcgs
144.701
72,403
217,104
(1 6,977)
Net Income l (expendlturn)
Transfers bebNe8n funds
30,386
53,231
11
53,231
(15,977)
Not movement In funds
22.845
30.386
Total fund8 brought forward
Total funds carrfed forward
401,465
1,520,265
1,921,730
1,937.707
11
424.310
1,550,651
1,974,961
1,921,730
All income and expenditure derive from continuing activit￿.
The Statement of financial activities in¢lude¥ all gains and losses reccrfJnised during the year.
Tha notes on pages 11 to 22 fomi part of these financi81 statements
Page 9

BETH SHALOM REFORM SYNAGOGUE
Balance Sheet
at 31 August 2024
2024
Nots Unrestrlcted Restrlcted
Funds
Funds
2023
Total
Total
Flxed assets
Intangible assets
Tangible assets
6.283
1.453,307
326.437
6,283
1,779,744
6,489
1,814.575
Current a38ets
Debtors
Cash at bank
326,437
1,459.590
1,786,027
1,821,064
70.076
35.664
164,467
94,391
25,938
Tl.539
105.740
Credftors:
Amounts falling due within one year
Net current a886ts
Not A88ets
94,391
200,131
103,477
10
7,867
3,330
11,197
2,811
97,873
91,061
188,934
100.686
424,310
1,550,651
1,974.961
1,921,730
Charfty Fund8
Unrestrtcted
Restricted
11
424,310
424.310
1,550,651
401,465
1,520,265
424,310
1,550.651
1,974,961
1,921,730
The Trustees aro satisfied that the charty 18 entrtled to exemption from audit of the financial statem8nts for the
year under Section 477 of tha Companies Act 2006 (the Act) relating to small companie8 and that the
m8mber8 have not required the company to obtain an audit in accordance with SeCt￿n 476.
Tha Tru8tees acknowledge their responsibilth'es for
(i) en8uring that the charty keeps proper accountirKJ records which comply with section 386 of the Act, and
(li) preparing financial staternents which glve a twe and fair view of th8 State of affairs of the charity as at the
end of the financial year and of ts profit or loss for the financial year in accordance ￿1th the requirements of
section 396, and which otherwise comply with the wuirements of the Act relating to financial statements,
so far as applicable to the charty.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime and in accordarice with FRS 102 The Financial Reporting Standards
applicable in the UK and Republic of Ireland,.
1,550,651
The80 frnanclal statements wer8 approved by the Trustees on ................... ... ..............2026 and are 8igned
on their behalf by:
vld Karat
halr
Mlkè Frankl
Trea8urer
nielle Ross
Secretary
COMPANY REGISTERED NO: 07240029
Page 10

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststements
for the year ended 31 August 2024
l. Accountlno pollcles
The address of the registered office is Auckland Road. Cambrwjge, CB5 8DVN.
The nature of the charit18 operations and principal aCtivrt￿S is the operation of the Beth Shalom Refomi
Synagogue for the related communty.
Basis of Preparatlon of Flnanclal Statèments
Beth Shalom Refonn Synagogue is a company limited by 9uarantee registered in England and Wales. In
the event of the charity being wound up, the liabilty in respect of the guarantee is limrted to £1 per
member of the charity.
The charity constitutes a public benefft entty as defined by FRS 102. The financial statements have been
prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to chanties preparing their acKounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011,
the Companies Act 2008 and UK Generally Accepted AGGounting Practice.
The financial statements are prepared on a going concem basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which 18
th8 functional currency of the charity.
The significant accounting policies applbed in the preparat￿n of the8e financial statements are set out
below. These policie8 have been consistently appl￿d to all years presented unless othepNise stated.
Publlc bonefft
The charitable companys objeGts've8 and activities are in accordance wlth the Charity Commission's
general guidance on public benefit.
Golng concern
The financial 9￿8M8nts have been prepared on a going concern basis as the trustee8 bolieve that no
materi81 uncertainties exisL The trustees have considered the level of funds held and the expected level
of income and expenditure for 12 months from authorising these financial 8tatem•nts. The budgeted
income and expenditure is SUff￿lent with the level of reserves for the ch81ity to be able to continue as
going concern.
Tanglble flxed assets
All tangible fixed assets are initialty recorded at cost.
Depreciation is calculated so as to write off the cost of an ass8t, les8 ts astimated resKlual value, over
the useful economiG lrfe of that asset as follows..
Freehold land and buildings
Buildings straight line over 50 years, land not depreciated
Furniture and equipment
25% reducing balance
Torah scrolls
Straight line over 50 years
Prayer books
25% reducing balance
Intsnglblo fixed ass•ts
All intangible fixed assets are iniiially recorded at cost.
AMortiSat￿n is calculated so as to write off the cost of an asset. less its estimated rèsidual value. over
the us8ful economic lrfe of that asset as follows..
Burial rights
straight line over 50 years
Debtors and credvtors rnceivable I payabl• wlthln one yur
Debtors and creditors wilh no stated interest rate and recesvable or payable within one yoar are recorded
at transaction price. Any losses arising from irnpainnent ar8 recc*Jnised in expenditure.
Page 11

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststsments (continued)
for the year ended 31 August 2024
1. Accounting policies (continued)
Fund accounting
Unrestricted funds are available for use at the dI￿retIOn of the tru8tses in furtherance of the general
objectives of the charty and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific re8trictions imposed by
donors or which have been raised by the charty for particuLgr purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted fund
is set OLrt in the notes to the financial statements.
Income recognftlon
All incoming resources are included in the Statament of Financial Actiwti'es (SOFA) when the charity is
legally entrtled to the income after any perfomiance Cor￿lti.0ns have been met, the amount can be
measured reliably and it is probable that the income will be received.
For donations to be recognised the charrty will have been notff& of the amounts and the Settlement dat8
in writing. If there are condrtions attached to the donation and this requires a18vel of perfoman¢e before
entitlement can be obtained then income is deferred until those conditions are fully met or the fu￿[IM&nt
of those conditi'ons is within the contrd of thè charity and it is probable that th&y will be fulfilled.
Donated facilities and donated professional service8 are recogni8ed In income at their fair value when
their economic benefrt is probable, it can be measured reliably and the charity has control over the item.
Fair value is detemiined on the basis of the value of the gift to th8 charity. For example the amount th6
charity woukj be willing to pay in the opan market for such facilrties and services. A corresponding
amount18 recognised in expéndrture.
No amount 18 included in the financial Statements for volunteer ts'me in line with th8 SORP (FRS 102).
Further detail is given in the Trustee8' Annual Report.
Where practicable, gifts in kind donated for distribution to the benéficiaries of the charity are included in
stock and donations in thè financial Statements upon receipt. If it is impractlcable to assess the fair value
et receipt or rf the costs to undertake such a valuation outweigh any benefrts, then the fair value is
recognised 88 a Component of donations when rt is distributed and an equivalent amount recognised as
charitable oxpenditure.
Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not
deferred over the lrfe of the asset.
For legacies, entitlement is the earlier of thè chanty bein9 notified of an impending distribution or the
legacy being received. At this point income is recognised. On occasion legacies will be notified to the
charity however it is not possible to measure the amount expected to be distributed. On these occasions,
the legacy is treated as a contingent asset and disclosed.
Investment income 18 earned through holding assets for investment purposes such as shares and
propéty. It includes dividends, interest and rent. Where rt is not practs'cable to identify investment
management costs incurred Within a scheme with reasonable accuracy the invèstmènt income l•
reported net of these costs. It is ineludod Nvhen the amount can be measured reliabty. Interest income is
recognised using th8 effective interest method and dividend and rent income is recognised as the
chariV8 nght to receive payment Is established.
Taxatlon
The charty is an exempt charity within the meaning of schedule 3 of the Charib'es Act 2011 and 18
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets
the definition of a charrtable Gompany for UK corporation tax purposes.
Expenditurn rncognltlon
All expendrture is accounted for on an accruals basis and has been classified under headings that
ag9￿gate all costs related to the category. ExpendFture is recognised where there is a legal or
constructive obligation to make payments to third partie8. rt is probable that the settlement will be
required and the amount of the obl￿ation can be measured reliably.
Page 12

BEfH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststements (contlnued)
for the year ended 31 August 2024
1. Accountlng policies (continued)
Grants payable to third partEs are wthin the charttable objectives. Where unconditi'onal grants are
offered, this is accrued as soon as the ￿¢1Plent is nottfEd of the grant, as this gives rise to a reasonable
expe¢tation that the recipient will receive the grants. Where grants are Conditional relating to
perforynance then the grant is On￿ accrued when any unfuffilled conditions are outside of th8 control of
the charity.
Support cost allocatlon
Charitable expenditure comprises those costs incuThed by the charity in the delrvery of it's activities and
ServI￿S for rts beneficiaries.
Governance costs include those costs associated with meeb'ng the constitutional and statutory
requirements of the charity and include the audit fees and costs linked to the strategic management of
the charty.
Support costs include all those ovethead costs for utilty services, and other services and costs. which
are in support of the actswty. They have been allocated to ath'vty cost (ztegories on a basis consistent
with the use of reSoUr￿s.
Leases
Rentals applicable to operating leases where substantially all of the benefts and risks of ownership
remain with the lessor are charged against or credrted to profrts on a straight line basis over the period of
the lease.
Employee beneffts
When employees have rendered service to the charty. short-tem employee benefts to which the
employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for
that service.
The charty operates a defined contribution plan for the benefit of its employees. Contributions are
expensed as they become payable.
Judgements and kay sources of estlmation uncertainty
The preparation of the financial statements ra]uires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and jUdg￿nentS are conb'nually reviewed
and are based on experience and other factors, including expeGtsttons of fvture events that are believed
to be reasonable under the circumstances.
Loans and borrowings
Loans and borrowings are initialty recognised at the transaction price including transaction costs.
Subsequentty. they are measured at amortised cost using the effective interest rate method, less
impairment. If an arrangement constitutes a finance transaction it is measured at present value.
2. Income from charitable activitles
2024
Unrestricted Restricted
Funds
Funds
2024
Total
2023
Totsl
M8mbership subscriptions
Gift Aid relating to charrtable activities
Events held
Tree of Lrfe leaves
Buri212Ctivrties and JJBS I
Board of Deputies Voluntary levy
Grants awarded - Instrtutional
94,687
18,354
3,685
3,412
94,667
18,354
3,685
3,412
13.988
435
75,200
87.819
17.912
4,457
13.988
435
75,200
19,339
768
9,300
120,118
89,623
209,741
139,595
P8ge 13

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financlal Statements (continued)
for the year ended 31 August 2024
3. Cost of charitable activities
2024
Unrestrictsd Restricted
Fund8
Funds
2023
Total
24
Totsl
Activity Costs
Event expenditure
Grants and donations - Charities
Ukraine support costs
Advertising and marketing
Food and subsistence
Tree of Lrfe
Other wages
Rellglous Affai
Hybrid tech operators wages
High Holyday Appeal expenditure
Other High Holyday expenses
Movement for Refom Judaism
Board of Deputies f￿8
Seder expendrture
Kiddushim and catering
Purim celebrations
Securty costs
Support costs (note 4)
Burial
Membership paynents to JJBS
Expendiiure on buri81 activities
Education
Adult education..
Salaries
Expenditure
Books and Publication
Cheder:
Teachers. and helpers. salaries
Books and materials
Trip expenses
Other expenses
Support costs (note 4)
Building costs
Caretaker salary
Cleaning
Light, heat and power
Water
178
178
1,758
1.633
17.577
1,056
6,403
6,950
1,977
474
474
600
7,297
665
600
7.297
67
606
598
595
595
9,978
1,020
10,950
541
15,046
2,962
1.466
2,169
246
1,320
45,778
9,978
264
19,254
124
1.399
2,338
116
2.460
28,305
19,254
559
1,399
2,338
116
2,460
44,060
435
15,755
13,988
12.361
13,988
12.361
3,991
1,513
1.163
1,163
1,634
55
55
42
16,979
693
16,979
693
939
518
29,373
10,547
107
939
518
18.870
449
30,519
10.503
9,677
3,02g
9,250
9.677
3,029
9,250
6,571
341
7.268
378
7.350
5,508
2,185
910
1.393
8.037
15,145
647
8,037
15,145
647
888
1.059
Repairs and renewals
General premises expenses
Prinb'ng. postage and stationery
Telephone
1.059
143,081
72,403
215,484
199.558
Page 14

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Statements (continued)
for the year ended 31 August 2024
Support costs
2024
2024
Unrestricted Restricted
Funds
Funds
2023
Totsi
Total
Administration costs
Administrative salaries
Training costs
Provisions for bad debts
Bank charges
Sundry expenses
Subscriptions
Insurance
Book-keeping
Mortgage interest
Depreciation and amortisation
Profit on disposal of Tangible Fixed Assets
Governance costs
Professional fees
Legal fees
Independent Examinerfs fees
16,266
249
288
331
347
114
4.281
5,047
16,266
249
288
331
465
114
4,281
5.047
10,660
418
1,708
794
1.166
107
4,001
9,645
1,518
41,926
248
118
16.599
210
26.140
42.739
210
150
1,818
1,475
150
1,818
1,475
100
2,556
1,450
47,175
Allocated between:
Education
Religious affairs
26,258
73,433
76,297
(40%)
(60%)
18,870
28,305
10.503
15,755
29,373
44,060
30,519
45,778
S. Employee Emoluments
2024
2023
Salaries
Pension costs
36.355
121
22,176
36,476
22,176
There are no employees who received emoluments exceeding £60,000.
2024
2023
Average number of part-ts'me employees during the year
6. Trustees remuneration
There were no ￿1mbUrSeMents made to trustees for expenses incurred during the year (2023 - £nil).
On8 trustee received remuneration durin9 the year for th￿'r work as a teacher.
The trustee received a t¢)tal of £4.500 (2023 - £4.35n in r￿nuneratIOn for the work undertaken outside of
their trustees, duties.
Page 15

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststements (continued)
for the year ended 31 August 2024
7. Intangible fixed assets
Burial
Rlghts
Total
Cost
At 1 September 2023, and at 31 August 2024
Amortisation
At 1 September 2023
Charge for the year
10,300
10,300
3,811
206
3,811
206
At 31 August 2024
4.017
4,017
Net book value
At 31 August 2024
At 31 August 2023
8. Tangible fixed assets
Freehold
land and
buildlngs
Fumlture
and
Equipment
Torah
Scrolls
Prayer
Books
Total
At 1 September 2023
Additions
Disposals
2,035,927
76.648
2,095
(7,280)
13,200
7,485
7,437
{1,621)
13,301
2,133,260
9,532
(8,901)
At 31 August 2024
2,035,927
71,463
13,200
2,133,891
Depreciation
At 1 September 2023
Charge for the year
Disposal
249.858
31,313
5,148
5,313
2.274
(795)
318,685
42,809
(7,347)
8.958
(6,552)
At 31 August 2024
281,171
60,772
5,412
6,792
354,147
Net book value
At 31 August 2024
At 31 August 2023
1779 744
1786 069
1814 575
9. Debtors
2024
2023
Memberships 2nd JJBS recesrdble
Gift aid claimed
Accrued income
Prepayments
636
24,091
4.515
6.422
306
21,434
4.198
35,664
25,938
Page16

BEfH SHALOM REFORM SYNAGOGUE
Notes to the Financial Statements (continued)
forthe year ended 31 August 2024
10. Creditors.. falllng due wlthln one year
2024
2023
Charty credrtors
Sundry credrtors - JJBS
Pension ¢osts
Taxation and social security
Accruals
799
3.330
70
131
6,867
1,350
1.461
11,197
2,811
11. Funds
At1Sep
2023
Incoming
Outgoing
Resources Resources Trdnsfer5
At 31 Aug
2024
Unrestrfcted funds
Designated funds
Building refurbishment fund
6,250
6.250
10.000
10.000
16,250
16,250
General fund
395,215
167,546
(144,701)
(10,000)
408,060
401,465
424,310
Restrlcted funds
Air Conditioning
Ridgefield and Ros&Marrow
fund
High Holyday Appeal
Burial activities including
Jewish Joint Burial s￿Iety
Board of Deputies Volurrtary
Donations
Building fund
Laptop fund
Cheder Children ftind
Shoah Project
Ukraine Support
Memorial Tree of Life
Warm Space
Youth Work
7.338
{5.872)
1,466
8.910
8.910
9,978
{9.978)
20.514
13.988
(26,349)
8,153
435
(435)
1.478,392
(20.268)
1,458,124
2,500
117
(939)
(117)
(474)
{6n
(7,904)
1,561
474
533
11,904
60,000
1.420
18,388
60,000
1,520,265
102,789
(72,403)
Total funds
1.550,651
1921730
270 335
1974 961
Page 17

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Statements {continued)
for the year ended 31 August 2024
11. Funds (contlnued)
The funds are constrtuted as follows..
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Total
1.821.064
25,938
77,539
Fixed assets
326,437
35.664
70,076
1.459,590
1,786,027
35.664
164,467
Debtors
Cash at bank and in hand
Creditors: Amounts falling due within one
year
94,391
(1,867>
(3,330)
(11.197)
(2,811)
424,310
1,550,651
1,974,961
1,921,730
12. Restricted funds
Bullding Rofurbishment Fund - represents funds put aside by the trustees for the purpose of assisting
with the expected refurbishment of the buik1ing in 2025 when rt will be ten years old.
Alr Condltionlng Fund - was a fund used for the purpose of provKling air conditioning in the building.
The fund was supported by general funds and remains as an asset of the Gharity.
Ridgef*ld and Ro*Marrow Fund - This fvnd is to be used tcwards special synagogue projects.
Hlgh Holyday Appeal - This fund is used to support spectfic charities selected each year by the cheder.
This year the High Holyday Appeal grants were made to..
2023
2024
Myisrael
East Anglia's Children's Hospices
World Jewish Relief
It Takes a Cty
5.065
4,913
5,482
5,468
9.978
10.950
ylsrael provides a platfomi for donors to connect with small but inspirational causes in Israel.
empowering donors to transform the I￿￿5 of Israel's most vulnerable peopl8.
East Anglla's ChlldTrn's Hospices delivers alléncompassing, lifelong care that includes a
comprehensive range of semces to support both bereaved and non-bereaved families. Their aim is to
ensure the best possible qualty of lrfe for babies. children and young people.
Homeless Inttiative - This fund is used to support the homeless people Icral to the synagogue.
The Jewish Joint Burial Society This fund pfovKles funeral benefits for the members of the
synagogue.
Board of Deputles Voluntary Donations - This fund is regarding voluntary donations that are collected
with the annual subscription for passing to the Board of Deputies.
Bullding Fund - This fund was used for the Gonstruction of a synagogue at Auckland Road and remains
as the asset in the charTiY.
Cheder Children Fund - This is made up of several donations to be used for projects to enhance the
Jewish Education of our members. children.
Shoah Project- Grant monies re￿iVed to st4e a show and exhibition al)out Holocaust lost families.
Page 18

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststements (continued)
for the year ended 31 August 2024
12. Restricted funds (contlnued)
Ukraine Support Fund
was set up to raise money to support a project to provide temporary
accommodation and support for Ukrainian Refugees coming to the Cambridge. The refugees are the
result of the people of the Ukraine, patriated in the area following the Russian invasion of Ukraine.
Memorfal Tree of Life Fund - relates to funds donated to provide a Tree of Life at the Synagogue. The
tree was acquired and remaining funds are to be uS￿j for a plaque in memory of the donorfs mother and
to assist in the costs towards a fomial memorial service in March 2024.
Wami Space Fund - relates to a grant recetved from The National Lottery following the cost of living
crisis and made a POSFtive impact on the people k)cal to the synagogue and members thereof. The funds
were given to provide a weekly warm space and lunch club for our members and other local people.
Youth Work Fund - relates to fvnds received to further the development and education of young Jewish
people in Cambridgeshire. This fund is non-repayable and a￿ to enable development and
implementation ol the Programme and to support BSRS. efforts to reach out to and 8UPPOrt young
Jewish people in the area.
13. Related parties
At the year end. there We￿ no outstanding loans from members.
The trustees consider that there are no other relat￿ partw to the charty requiring disclosura.
14. Fund comparatives
Statement of Financial Activities
2023
Unrestricted Restricted
funds
funds
Total
Income from:
Donations
Charitable activrties
Other trading activities
Investrnents
22,476
110,188
1,204
580
20,350
29.407
42.826
139,595
1,204
580
Total incoming resources
Expendlture on:
Raising Funds
Other trading activities
Charitable Acttvities
134.448
49,757
184,205
350
274
120,662
350
274
199.558
78.896
Total expended resources
Net Incom8 1 (expenditurn)
Transfer3 betrween funds
Net movement in funds
Reconciliation of funds:
Total funds brought fonward
Total funds carried forward
121,286
78,896
200,182
13.162
(969)
12.193
129,139)
(15,977)
(28,170)
(15,977)
389.272
1,548,435
1,937,707
401,465 1.520.265
1,921,730
Page 19

BETH SHALOM REFORM SYNAGOGUE
Notes to the Financial Ststsments (continued)
for the year ended 31 August 2024
14. Fund compardtives (continued...)
Incomo from charftable actlvitles
2023
Unrestricted Restricted
Funds
Funds
Total
Membership subscriptions
Gift Aid relating to charitable actNities
Events held
BurBI activities and JJBS levy
Board of Deputies Voluntary levy
Grants awarded - Institutional
87.819
17,912
4,457
87,819
17,912
4,457
19,339
768
9,300
19,339
768
9,300
110,188
29,407
139,595
Cost of charitable actlvities
2023
Unrestricted Restricted
Funds
Funds
Totsl
AGtlvlty Costs
Event expenditure
Grants and donations - Charities
Ukraine sUPPOrt costs
Advertising and marketing
Food and subsistence
Other wages
1,758
1,200
1,758
1,633
17,577
1,056
6,403
1,977
433
17,5T7
1.056
6,403
1.977
Religious Affairs
Hybrid tech operators wages
High Holyday Appeal expenditure
Other High Holyday expenses
Movement for Reforn Judaism
Board of Deputies fees
Seder expenditure
Kiddushim and catering
Punm celebrations
Secunty costs
Support costs (note 4)
Burial
Membership payments to JJBS
Expenditure on burial actrvities
Educatlon
Adult education".
Books and Publicaknon
Cheder:
Books and materials
Teachers, and helpers, salaries
Other expenses
Support costs (note 4)
Sub-total carried forward
1,020
1,020
10.950
541
15,046
2,962
1,466
2,169
246
1,320
45,778
10,950
541
15,046
2.962
1.466
2,169
246
1,320
30.094
15,684
3.991
1,513
3.991
1,513
1,634
42
1.634
42
107
10,547
449
20,063
107
10,547
449
30,519
10,456
88,758
71,946
180,704
Page 20

BEfH SHALOM REFORM SYNAGOGUE
Notes to the Flnancial Statsments (continued)
for the year ended 31 August 2024
14. Fund comparatlves (continued...)
2023
Unrestricted Restricted
Funds
Funds
Total
Sub-totsl broguht foThvard
88.758
71,946
160,704
Building costs
Caretaker salary
Cleaning
Light. heat and power
W*er
IT
Repairs and renewals
Tree of Lrfe
General premises expenses
Printing, postage and stationery
Telephone
6,571
341
7.268
378
7.350
5,508
6.571
341
7.268
378
7,350
5,508
6.950
2.185
910
1,393
6.950
2.185
910
1,393
120,662
78,896
199,558
Admlnistrdtion costs
Administrative salaries
Training costs
Provisions for bad debts
Bank charges
Sundry expenses
Subscriptions
Insurance
Book-keeping
Mortgage interest
DepreciatK)n and amortisation
Profit on disposal of Tangible Fixed Assets
Governance costs
Professional fees
Legal fees
Independent Examinerfs fees
10.660
418
1.708
794
1,166
1D7
4,001
10.660
418
1.708
1,166
107
4,001
9.645
1,518
41.926
1,518
15.786
248
26,140
1(K)
2.556
1,450
100
2,556
1,450
50,157
All¢xated between:
Education
Religious affairs
26.140
76,297
(40%)
(60%)
20,C63
30,094
10.456
15.684
30.519
45.778
Page 21

BETH SHALOM REFORM SYNAGOGUE
Notes to the Flnanclal Statsments (continued)
for the year ended 31 August 2024
14. Fund comparatlves (contlnued...)
Funds
At1Sep
2022
Incoming
Outgoing
Resources Resources Transfers
At 31 Aug
2023
Unrestricted funds
Designated funds
Building refurb￿hrnent fund
6,250
6,250
6,250
6,250
395,215
Genornl fund
389,272
134,448
(121,286)
(7,219)
389.272
134.448
(121,288)
(969)
401,465
Restrfcted funds
Air Conditioning
Ridgefiekl and Rose-marrow
fund
High Holyday Appeal
Homeless InitTrative
Burial activities including
Jewish Joint Burial Society
Board of Depukies Voluntary
Donations
Building fund
Cheder Children fund
13.210
(5.872)
7,338
8,910
8,910
10,950
(10,950)
{433)
433
6,679
19,339
(5,504)
20,514
1.225
(2,962)
1,498.660
(20,268)
1,478,392
2,500
117
117
Shoah Project
Ukraine Support
Memorial Tree of Life
16,701
1,350
7,550
9,800
(17.577)
(6,950)
(8,380>
474
600
Warni Space
1,420
1.548,435
49,757
178,896)
969
1,520,265
Total funds
1.937,707
184,205
(200,182)
1,921,730
23
Unrestricted RestrDcted
Funds
Funds
Total
Fixed assets
335.334
25,938
43.004
1.485.730
1,821,C64
25.938
77,539
Debtors
Gash at bank and in hand
Creditors: Amounts falling due wilhin one
year
34,535
(2,811)
(2,811)
1520 265
1921730
Page 22