2025-08-31-accounts - Beth Shalom Reform Synagogue

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COMPANY REGISTERED NO: 07240029

BETH SHALOM REFORM SYNAGOGUE CHARITY REGISTERED NO: 1136605

STATEMENT OF ACCOUNTS

for the year ended

31 August 2025

BETH SHALOM REFORM SYNAGOGUE

Contents Page

for the year ended 31 August 2025

INDEX	PAGE
Legal and Administrative Information	1 to 2
Trustees' Annual Report	3 to 7
Independent Examiner's Report	8
Statement of Financial Activities	9
Balance Sheet	10
Notes to the Accounts	11 to 23

BETH SHALOM REFORM SYNAGOGUE

Legal and Administrative Information

for the year ended 31 August 2025

Board of Trustees and Directors

David Karat Honorary Chair Danielle Ross Honorary Secretary Resigned 6 April 2025 Mike Frankl MBE Honorary Co-Treasurer Glenn Richer Honorary Co-Treasurer Mark Ryten Honorary Secretary From 6 April 2025 Prof. Anna Sapir Abulafia Council Member Kayla Friedman Council Member Appointed 6 April 2025 Simon Gallant Council Member Peter Goldstein Council Member Louis Klee Council Member Appointed 6 April 2025 Dr. Snezana Lawrence Council Member Appointed 6 April 2025 Michael Levy Council Member Appointed 6 April 2025 Shiela Levy Council Member Resigned 6 April 2025 Dr. Nicholas Shenker Council Member Sarah Stacey Council Member Resigned 6 April 2025 Orna Meir-Stacey Council Member Appointed 6 April 2025 Prof. Daniel Weiss Council Member

Registered Office

Auckland Road Cambridge CB5 8DW

Members of:

Movement for Reform Judaism 80 East End Road London N3 2SY Jewish Joint Burial Society Bulls Cross Ride Cheshunt Waltham Cross EN7 5PF

Independent Examiner

K J Maggs Hoekman Way Spalding Lincolnshire PE11 3HE

Registered in England & Wales as a company limited by guarantee with No. 07240029

Page 1

BETH SHALOM REFORM SYNAGOGUE

Legal and Administrative Information (continued)

for the year ended 31 August 2025

Solicitors

Ward Hadaway Sandgate House 102 Quayside Newcastle upon Tyne. NE1 3DX

Bankers

HSBC 63-64 St Andrews Street Cambridge CB2 3BZ

Insurance Brokers

Howden Insurance Unit 6 Hillside Business Park Bury St Edmunds Suffolk IP32 7EA

Page 2

BETH SHALOM REFORM SYNAGOGUE

Annual Report

for the year ended 31 August 2025

The Trustees present their report and financial statements for the year ended 31 August 2025.

The financial statements comply with current statutory requirements, with the Memorandum and Articles of Association and with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019.

BSRS, a private limited company by guarantee (company number 07240029), is governed by its Memorandum and Articles of Association. The liability of the Members in the event of the company being wound up is limited to a sum not exceeding £1 each. The management and affairs of BSRS are managed by a Council which is elected at each Annual General Meeting. It has no related parties, see note 14.

Beth Shalom Reform Synagogue (hereinafter - BSRS) was registered as a charitable company (charity registration number 1136605) on 28 June 2010, with the purpose of providing a Reform Synagogue for the purposes of public worship and advancing religious and educational activities 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 faith and by raising awareness and understanding of Jewish religious beliefs and practices through social, cultural, humanitarian, community and educational activities in connection with the practice of the Jewish faith through the provision and maintenance of a Reform Synagogue.

The current activities of BSRS include:

Religious services, which are held regularly in the synagogue. The hybrid facility to enable those who cannot get to the synagogue to participate in services from home has been continued;
Religion school (Cheder) for members’ children aged 5 to 12 years, held weekly in the synagogue during school term time;
Active engagement programme for teenagers;
Adult Hebrew and bible study classes;
Participating in and leading a variety of Interfaith meetings and events;
Social, educational and cultural activities;
Supporting local social action projects, and assisting other charities working to support homeless people;
Funeral services for members, their non-Jewish 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 electronic newsletter, maintaining our website and updating members on Jewish community related events in Cambridge and its vicinity;
Providing a 'Gateway to Judaism' programme for those considering becoming Jewish;
Outreach activities for schools and other non-Jewish organisations about Judaism and Reform Judaism (all run by volunteers);
Co-ordinating with and supporting the Israeli community in Cambridge in education and social activities;
Active engagement in the Cambridge Interfaith Project;

Achievements and highlights for 2024/2025

We continued to involve a wide range of people in the delivery of our services and try wherever possible to engage new members.
We have started to invite a different Rabbi to lead a Shabbat service once per quarter;
There were ten Bnei Mitzvah during the year;
There were two mixed faith blessings;

Page 3

BETH SHALOM REFORM SYNAGOGUE

Annual Report (continued)

for the year ended 31 August 2025

Achievements and highlights for 2024/2025 (continued)

We have continued to offer a wide range of study opportunities, 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;
2025 marked the tenth anniversary of our building and during the Spring a major redecoration of the building took place;
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 Beit Din during the year;
Continuing adult learning activities included Tikkun Leyl learning sessions on Shavuot with coordinated activities with the local Israeli community;
We continue to support the Cambridge Churches Homeless Project (CCHP) at Crossways house, providing volunteers throughout the winter;
Our High Holy Day appeal raised £10,830 for Cambridge City Foodbank and £10,439 for Tsad Kadima which focuses on developing personal abilities for children and adults with severe complex disabilities;
We have continued our Outreach programme visits to schools, and recommenced school visits to the synagogue;
We have continued to offer an extended range of services in synagogue and via Zoom including Festival and Shabbat services Kabbalat Shabbat, and Havdalah. We have had to recognise the increased risk to Jewish communities and have taken steps to employ professional security to protect our community;

Membership numbers

Membership as at 31 August 2025 consisted of 240 households, comprising 457 members made up as follows:

lows:
Adult members	298
Associate members	17
Friends	22
Students	37
Children under 18	83
An overall total of	457

Financial review

Unrestricted income at £160,209 was lower in 2025 compared to 2024 (£168,035). This was mainly due to lower donations. Last year, we received a large donation towards the refurbishment (not specifically) of the building. Membership subscriptions increased to £95,415 (2024 £94,667), gift aid received was higher at £21,531 (2024 £18,354). Reducing interest rates lead to a decrease in investment income to £4,583 (2024 £6,200).

Restricted income decreased to £66,053 (2024 £102,789). Last year, we received two large grants for our Lunch Club and Youth Work projects. These activities have continued during the year using up some of the funds. See note 12 to the financial statements for details. The trustees are grateful to The National Lottery for their support. This year we received a donation from a donor who wishes to support the writing of a new Torah scroll for the community.

Unrestricted expenditure increased to £176,723 (2024 £145,190) mainly due to costs of the building redecoration of £27,443. Restricted expenditure slightly decreased to £78,229 (2024 £72,403). See note 12 to the financial statements for details.

The Unrestricted Fund also decreased by £16,514, versus an increase of £22,845 last year. This was due to the expenditure on the building redecoration. The Restricted Funds decreased by £12,176, versus an increase of £2024 £30,386) due to grants received last year which we are now spending.

Total cash reserves increased to £174,956 (2024 £164,467) during the year.

Page 4

BETH SHALOM REFORM SYNAGOGUE

Annual Report (continued)

for the year ended 31 August 2025

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 mitzvah are scheduled between Autumn 2025 and Summer 2026;
The new youth and teenage programme will continue to be developed;
We will continue to reach out to members of the community in need of support;
We are planning on participating in the Cambridge Churches Homeless Project again and we will continue our efforts to make a positive contribution to the wider community;
We will continue to be an active participant in the interfaith programme led by the Woolf Institute and to work closely with the leaders of the Cambridge Muslim Community;
Increased number of study sessions are planned to augment our adult education programme.

Reserves and Investment Policy

The reserves and investment policy of BSRS is to keep available reserves equal to one half year of normal expenditure. Our unrestricted cash reserves (free reserves) are £90,197 at 31 August 2025, which represents a surplus of £1,850.

Risk Assessment

Major risks facing BSRS have been identified as far as possible and steps taken to mitigate them.

Grant Making Policy

BSRS holds an annual High Holy Day appeal, raising funds for (i) BSRS, (ii) an Israeli charity, and (iii) a local Cambridge-based community charity.

Going Concern

The synagogue continues to provide a full range of 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 continuity over the next year.

Page 5

BETH SHALOM REFORM SYNAGOGUE

Annual Report (continued)

for the year ended 31 August 2025

Members of the Board of Trustees, who are directors for the purposes of company law, who served during the year and up to the date of this report, are:

The Trustees (who are also the directors 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 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 net income and expenditure, of the charitable company for the year. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SOP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible 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 statements comply with the Companies Act 2006.

Page 6

BETH SHALOM REFORM SYNAGOGUE

Annual Report (continued)

for the year ended 31 August 2025

Statement of Trustee's Responsibilities (continued)

The Trustees 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.

In so far as the Trustees are aware:

there is no relevant information of which the company's 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 information and to establish that the independent examiners are aware of that information.

The Trustees have authorised the following Honorary Officers to sign this annual report on their behalf:

Approved on behalf of the Trustees on 23 March 2026 .

David Karat Chair

Mike Frankl Mark Ryten Co-Treasurer Secretary

Glenn Richer Co-Treasurer

Page 7

Independent Examiner's Report to the Trustees of BETH SHALOM REFORM SYNAGOGUE

for the year ended 31 August 2025

I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 August 2025 which are set out on pages 9 to 23.

Responsibilities and basis of report

As the charity Trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the company are not required to be audited 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 carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the 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 section 396 of the 2006 Act other than any requirements that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4 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 with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

K.J. Maggs B.A., F.C.A. Chartered Accountant Spalding

Date: 30 March 2026 .

Page 8

BETH SHALOM REFORM SYNAGOGUE

Statement of Financial Activity (including income and expenditure account)

for the year ended 31 August 2025

----- Start of picture text -----
Notes 2025 2024
Unrestricted Restricted Total Total
funds funds
£ £ £ £
Income from:
Donations and legacies 23,402 47,209 70,611 52,077
Charitable activities 2 130,710 18,844 149,554 210,230
Other trading activities 1,514 - 1,514 2,317
Investments 4,583 - 4,583 6,200
Total incoming resources 160,209 66,053 226,262 270,824
Expenditure on:
Other trading activities 28 - 28 1,620
Charitable activities 3 176,695 78,229 254,924 215,973
Total expended resources 176,723 78,229 254,952 217,593
Net (expenditure) / income (16,514) (12,176) (28,690) 53,231
Transfers between funds 12 - - - -
Net movement in funds (16,514) (12,176) (28,690) 53,231
Total funds brought forward 424,310 1,550,651 1,974,961 1,921,730
Total funds carried forward 12 407,796 1,538,475 1,946,271 1,974,961
----- End of picture text -----

All income and expenditure derive from continuing activities.

The statement of financial activities includes all gains and losses recognised during the year.

The notes on pages 11 to 23 form part of these financial statements

Page 9

BETH SHALOM REFORM SYNAGOGUE

Balance Sheet

at 31 August 2025

----- Start of picture text -----
2025 2024
Note Unrestricted Restricted Total Total
Funds Funds
£ £ £ £
Fixed assets
Intangible assets 7 - 5,832 5,832 6,283
Tangible assets 8 317,599 1,427,373 1,744,972 1,779,744
317,599 1,433,205 1,750,804 1,786,027
Current assets
Debtors 9 27,906 - 27,906 35,664
Cash at bank 69,686 105,270 174,956 164,467
97,592 105,270 202,862 200,131
Creditors:
Amounts falling due within one year 10 7,395 - 7,395 11,197
Net current assets 90,197 105,270 195,467 188,934
Net Assets 407,796 1,538,475 1,946,271 1,974,961
Charity Funds 12
Unrestricted 407,796 - 407,796 424,310
Restricted - 1,538,475 1,538,475 1,550,651
407,796 1,538,475 1,946,271 1,974,961
----- End of picture text -----

The Trustees are satisfied that the charity is entitled to exemption from audit of the financial statements for the year under Section 477 of the Companies Act 2006 (the Act) relating to small companies and that the members have not required the company to obtain an audit in accordance with Section 476.

The Trustees acknowledge their responsibilities for:

(i) ensuring that the charity keeps proper accounting records which comply with section 386 of the Act, and
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 396, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the charity.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standards applicable in the UK and Republic of Ireland'.

These financial statements were approved by the Trustees on 23 March 2026 and are signed on their behalf by:

David Karat Chair

Mike Frankl Co-Treasurer Mark Ryten Secretary

Glenn Richer Co-Treasurer

COMPANY REGISTERED NO: 07240029

The notes on pages form part of these financial statements

Page 10

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements

for the year ended 31 August 2025

1. Accounting policies

The address of the registered office is Auckland Road, Cambridge, CB5 8DW.

The nature of the charity's operations and principal activities is the operation of the Beth Shalom Reform Synagogue for the related community.

Basis of Preparation of Financial Statements

Beth Shalom Reform Synagogue is a company limited by guarantee registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

The charity constitutes a public benefit entity 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 charities preparing their accounts 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 2006 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Public benefit

The charitable company's objectives and activities are in accordance with the Charity Commission's general guidance on public benefit.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

Tangible fixed assets

All tangible fixed assets are initially recorded at cost.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life 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

Intangible fixed assets

All intangible fixed assets are initially recorded at cost.

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Burial rights Straight line over 50 years

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Page 11

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

1. Accounting policies (continued)

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular 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 out in the notes to the financial statements.

Income recognition

All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions 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 charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

No amount is included in the financial statements for volunteer time in line with the SoRP (FRS 102). Further detail is given in the Trustees’ Annual Report.

Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.

Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset.

For legacies, entitlement is the earlier of the charity being 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 is earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charity’s right to receive payment is established.

Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Page 12

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

1. Accounting policies (continued)

Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, as this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.

Support cost allocation

Charitable expenditure comprises those costs incurred by the charity in the delivery of it's activities and services for its beneficiaries.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

Support costs include all those overhead costs for utility services, and other services and costs, which are in support of the activity. They have been allocated to activity cost categories on a basis consistent with the use of resources.

Leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against or credited to profits on a straight line basis over the period of the lease.

Employee benefits

When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, 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.

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BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

2. Income from charitable activities

3.	2025 Membership subscriptions Gift Aid relating to charitable activities Events held Tree of Life leaves Burial activities and JJBS levy Security levy Board of Deputies Voluntary levy Grants awarded - Institutional Grants awarded - Governmental Cost of charitable activities 2025 Activity costs Event expenditure Ukraine support costs Advertising and marketing Food and subsistence Tree of Life Wages and salaries Religious Affairs Hybrid tech operators wages High Holyday Appeal expenditure Other High Holyday expenses Movement for Reform Judaism Board of Deputies fees Seder expenditure Kiddushim and catering Purim celebrations Security costs Support costs (note 4) Burial Membership payments to JJBS Expenditure on burial activities Sub-total	Unrestricted Funds £ 95,415 21,531 4,884 300 - 6,040 - - 2,540 130,710 Unrestricted Funds £ 364 - 600 - - - - 360 - - 12,377 866 - 4,140 - 4,344 27,797 - - 50,848	Restricted Funds £ - - - - 18,844 - - - - 18,844 Restricted Funds £ - - - 4,916 179 1,844 - 21,268 - - - - - - - 15,687 20,205 1,999 66,098 2025 2025	Total £ 95,415 21,531 4,884 300 18,844 6,040 - - 2,540 149,554 Total £ 364 - 600 4,916 179 1,844 360 21,268 - 12,377 866 - 4,140 - 4,344 43,484 20,205 1,999 116,946	2024 Total £ 94,667 18,354 3,685 3,412 13,988 - 435 75,200 489 210,230 2024 Total £ 178 474 600 7,297 665 606 595 9,978 264 19,254 559 1,399 2,338 116 2,460 44,353 13,988 12,361 117,485

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BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

3. Cost of charitable activities

4.	2025 Sub-total Building costs Caretaker salary Cleaning Light, heat and power Water rates IT Repairs and renewals General premises expenses Printing, postage and stationery Telephone Education Adult education: Salaries Expenditure Books and Publication Cheder: Teachers' and helpers' salaries Books and materials Trip expenses Other expenses Support costs (note 4) Support costs 2025 Administration costs Administrative salaries Training costs Provisions for bad debts Bank charges Sundry expenses Subscriptions Insurance Book-keeping 28 Depreciation and amortisation Governance costs Legal and Professional fees Independent Examiner's fees Allocated between: Education (40%) Religious affairs (60%)	Unrestricted Funds £ 50,848 15,656 5,040 8,179 746 8,593 41,292 387 902 1,379 1,630 556 416 20,288 789 740 723 18,531 176,695 Unrestricted Funds £ 23,390 242 - 332 835 164 4,993 4,493 10,244 - 1,635 46,328 18,531 27,797	Restricted Funds £ 66,098 - - - - - 354 1,319 - - - - - - - - - 10,458 78,229 Restricted Funds £ - - - - - - - - 26,145 - - 26,145 10,458 15,687 2025 2025	Total £ 116,946 15,656 5,040 8,179 746 8,593 41,646 1,706 902 1,379 1,630 556 416 20,288 789 740 723 28,989 254,924 Total £ 23,390 242 - 332 835 164 4,993 4,493 36,389 - 1,635 72,473 28,989 43,484	2024 Total £ 117,485 9,677 3,029 9,250 - 8,037 15,145 647 888 1,059 1,163 840 55 16,979 693 939 518 29,569 215,973 2024 Total £ 16,755 249 288 331 465 114 4,281 5,047 42,949 1,968 1,475 73,922 29,569 44,353

Page 15

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

5. Employee Emoluments

Salaries Social security costs Pension costs There are no employees who received emoluments exceeding £60,000. Average number of part-time employees during the year	2025 £ 60,184 2,540 443 63,167 2025 11	2024 £ 36,355 - 121 36,476 2024 8

6. Trustees remuneration

There were no reimbursements made to trustees for expenses incurred during the year (2024 - £nil).

7. Intangible fixed assets

Cost At 1 September 2024 Disposals At 31 August 2025 Amortisation At 1 September 2024 Charge for the year At 31 August 2025 Net book value At 31 August 2025 At 30 August 2024	Burial Rights £ 10,300 (250) 10,050 4,017 201 4,218 5,832 6,283	Total £ 10,300 (250) 10,050 4,017 201 4,218 5,832 6,283

Page 16

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

8. Tangible fixed assets

Freehold land and buildings £ Cost At 1 September 2024 2,035,927 Additions - Disposals - At 31 August 2025 2,035,927 Depreciation At 1 September 2024 281,171 Charge for the year 31,313 Disposal - At 31 August 2025 312,484 Net book value At 31 August 2025 1,723,443 At 30 August 2024 1,754,756 9. Debtors Memberships and JJBS receivable Gift aid claimed Accrued income Prepayments 10. Creditors: falling due within one year Charity creditors Sundry creditors - JJBS Pension costs Taxation and social security Accruals	Furniture and Equipment £ 71,463 80 - 71,543 60,772 2,699 - 63,471 8,072 10,691	Torah Scrolls £ 13,200 - - 13,200 5,412 264 - 5,676 7,524 7,788	Prayer Books £ 13,301 1,364 (228) 14,437 6,792 1,912 (200) 8,504 5,933 6,509 2025 £ 377 24,823 - 2,706 27,906 2025 £ 699 - 64 - 6,632 7,395	Total £ 2,133,891 1,444 (228) 2,135,107 354,147 36,188 (200) 390,135 1,744,972 1,779,744 2024 £ 636 24,091 4,515 6,422 35,664 2024 £ 799 3,330 70 131 6,867 11,197

10. Creditors: falling due within one year

11. Financial commitments

Contractual commitments for the acquisition of tangible fixed assets contracted for but not provided in the financial statements amounted to £14,134 (2024 - £Nil).

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £5,840 (2024 - £Nil) and takes the form of repairs to be undertaken in the next period.

Page 17

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

12. Funds Unrestricted funds *Designated funds* Building refurbishment fund *General fund* Total unrestricted funds Restricted funds Air Conditioning Ridgefield and Rose-Marrow fund High Holyday Appeal Burial activities including Jewish Joint Burial Society Board of Deputies Voluntary Donations Building fund Cheder Children fund Memorial Tree of Life Warm Space Youth Work Defibrillator New Scroll Total restricted funds Total funds	At 1 Sep 2024 £ 16,250 408,060 424,310 1,466 8,910 - 8,153 - 1,458,124 1,561 533 11,904 60,000 - - 1,550,651 1,974,961	Incoming Resources £ - 160,209 160,209 - - 21,268 18,844 - - - - 750 - 1,441 23,750 66,053 226,262	Outgoing Resources £ (27,443) (149,280) (176,723) (367) - (21,268) (22,204) - (25,778) - (533) (4,639) (2,121) (1,319) (78,229) (254,952)	£ 11,193 (11,193) - - - - - - - - - - - - - - Transfers / designated	At 31 Aug 2025 £ - 407,796 407,796 1,099 8,910 - 4,793 - 1,432,346 1,561 - 8,015 57,879 122 23,750 1,538,475 1,946,271

The funds are constituted as follows:

Fixed assets Debtors Cash at bank and in hand Creditors: Amounts falling due within one year	Unrestricted Funds £ 317,599 27,906 69,686 (7,395) 407,796	Restricted Funds £ 1,433,205 - 105,270 - 1,538,475 2025	Total £ 1,750,804 27,906 174,956 (7,395) 1,946,271	2024 Total £ 1,786,027 35,664 164,467 (11,197) 1,974,961

Page 18

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

13. Restricted funds

Building Refurbishment Fund - represents funds put aside by the trustees for the purpose of assisting with the expected refurbishment of the building in 2025 when it will be ten years old.

Air Conditioning Fund - was a fund used for the purpose of providing air conditioning in the building. The fund was supported by general funds and remains as an asset of the charity .

Ridgefield and Rose-Marrow Fund - This fund is to be used towards special synagogue projects .

High Holyday Appeal - This fund is used to support specific charities selected each year by the cheder. This year the High Holyday Appeal grants were made to:

Cambridge City Foodbank Tsad Kadima Myisrael East Anglia's Children's Hospices	2025 £ 10,829 10,439 - - 21,268	2024 £ - - 5,065 4,913 9,978

Cambridge Food Bank - This fund is used to support the foodbank which is an independent local charity and member of the Trussell food bank network. A Foodbank Welcome Centre provides emergency food and practical support to people who have been referred to the Foodbank.

Tsad Kadima - This organisation is a long-standing (since 1987) and unique non-profit organization in Israel that provides a continuum of educational-rehabilitative services to children, adolescents and adults with cerebral palsy and complex disabilities in Israel.

The Jewish Joint Burial Society - This fund provides funeral benefits for the members of the synagogue.

Board of Deputies Voluntary Donations - This fund is regarding voluntary donations that are collected with the annual subscription for passing to the Board of Deputies.

Building Fund - This fund was used for the construction of a synagogue at Auckland Road and remains as the asset in the charity.

Cheder Children Fund - This is made up of several donations to be used for projects to enhance the Jewish Education of our members' children.

Memorial 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 used for a plaque in memory of the donor's mother.

Warm Space Fund - relates to a grant received from The National Lottery following the cost of living crisis and made a positive impact on the people local 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 funds received to further the development and education of young Jewish people in Cambridgeshire. This fund is non-repayable and are to enable development and implementation of the Programme and to support BSRS’ efforts to reach out to and support young Jewish people in the area.

Defibrillator Fund - relates to funds received to purchase such a device and any surplus will be used to covered the required maintenance in future until all funds are used. Any deficit will be covered by general funds.

New Scroll Fund - was created to fund the creation of new Torah Scroll for Beth Shalom. Further funds are expected next year which will cover the full cost of writing the scroll.

Page 19

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

14. Related parties

At the year end, there were no outstanding loans from members.

The trustees consider that there are no other related parties to the charity requiring disclosure.

15. Fund comparatives

Statement of Financial Activities

Income from: Donations Charitable activities Other trading activities Investments Total incoming resources Expenditure on: Other trading activities Charitable Activities Total expended resources Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward Income from charitable activities Membership subscriptions Gift Aid relating to charitable activities Events held Tree of Life leaves Burial activities and JJBS levy Board of Deputies Voluntary levy Grants awarded - Institutional Grants awarded - Governmental	Unrestricted funds £ 38,911 120,607 2,317 6,200 168,035 1,620 143,570 145,190 22,845 401,465 424,310 Unrestricted Funds £ 94,667 18,354 3,685 3,412 - - - 489 120,607	Restricted funds £ 13,166 89,623 - - 102,789 - 72,403 72,403 30,386 1,520,265 1,550,651 Restricted Funds £ - - - - 13,988 435 75,200 89,623 2024 2024	Total £ 52,077 210,230 2,317 6,200 270,824 1,620 215,973 217,593 53,231 1,921,730 1,974,961 Total £ 94,667 18,354 3,685 3,412 13,988 435 75,200 489 210,230

Page 20

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

15. Fund comparatives (continued...)

Cost of charitable activities

Activity costs Event expenditure Ukraine support costs Advertising and marketing Food and subsistence Tree of Life Wages and salaries Religious Affairs Hybrid tech operators wages High Holyday Appeal expenditure Other High Holyday expenses Movement for Reform Judaism Board of Deputies fees Seder expenditure Kiddushim and catering Purim celebrations Security costs Support costs (note 4) Burial Membership payments to JJBS Expenditure on burial activities Education Salaries Expenditure Books and Publication Cheder: Teachers' and helpers' salaries Books and materials Trip expenses Other expenses Support costs (note 4) Sub-total carried forward	Unrestricted Funds £ 178 - 600 - 598 - 595 - 264 19,254 124 1,399 2,338 116 2,460 28,598 - - 1,163 840 55 16,979 693 - 518 19,066 95,838	Restricted Funds £ - 474 - 7,297 67 606 - 9,978 - - 435 - - - - 15,755 13,988 12,361 - - - - - 939 - 10,503 72,403 2024	Total £ 178 474 600 7,297 665 606 595 9,978 264 19,254 559 1,399 2,338 116 2,460 44,353 13,988 12,361 1,163 840 55 16,979 693 939 518 29,569 168,241

Page 21

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

15. Fund comparatives (continued...)

Sub-total broguht forward Building costs Caretaker salary Cleaning Light, heat and power IT Repairs and renewals General premises expenses Printing, postage and stationery Telephone Administration costs Administrative salaries Training costs Provisions for bad debts Bank charges Sundry expenses Subscriptions Insurance Book-keeping Depreciation and amortisation Governance costs Legal and Professional fees Independent Examiner's fees Allocated between: Education (40%) Religious affairs (60%)	Unrestricted Funds £ 95,838 9,677 3,029 9,250 8,037 15,145 647 888 1,059 143,570 16,755 249 288 331 347 114 4,281 5,047 16,809 1,968 1,475 47,664 19,066 28,598	Restricted Funds £ 72,403 - - - - - - - - 72,403 - - - - 118 - - - 26,140 - - 26,258 10,503 15,755 2024	Total £ 168,241 9,677 3,029 9,250 8,037 15,145 647 888 1,059 215,973 16,755 249 288 331 465 114 4,281 5,047 42,949 1,968 1,475 73,922 29,569 44,353

Page 22

BETH SHALOM REFORM SYNAGOGUE

Notes to the Financial Statements (continued)

for the year ended 31 August 2025

15. Fund comparatives (continued...)

2024 Funds At 1 Sep 2023 £ Unrestricted funds *Designated funds* Building refurbishment fund 6,250 6,250 *General fund* 395,215 Total unrestricted funds 401,465 Restricted funds Air Conditioning 7,338 Ridgefield and Rose-Marrow fund 8,910 High Holyday Appeal - Burial activities including Jewish Joint Burial Society 20,514 Board of Deputies Voluntary Donations - Building fund 1,478,392 Cheder Children fund 2,500 Shoah Project 117 Ukraine Support 474 Memorial Tree of Life 600 Warm Space 1,420 Youth Work - Total restricted funds 1,520,265 Total funds 1,921,730 Fixed assets Debtors Cash at bank and in hand Creditors: Amounts falling due within one year	Incoming Resources £ - - 168,035 168,035 - - 9,978 13,988 435 - - - - - 18,388 60,000 102,789 270,824	Outgoing Resources £ - - (145,190) (145,190) (5,872) - (9,978) (26,349) (435) (20,268) (939) (117) (474) (67) (7,904) - (72,403) (217,593) Unrestricted Funds £ 326,437 35,664 70,076 (7,867) 424,310	Transfers £ 10,000 10,000 (10,000) - - - - - - - - - - - - - - - Restricted Funds £ 1,459,590 - 94,391 (3,330) 1,550,651	At 31 Aug 2024 £ 16,250 16,250 408,060 424,310 1,466 8,910 - 8,153 - 1,458,124 1,561 - - 533 11,904 60,000 1,550,651 1,974,961 Total £ 1,786,027 35,664 164,467 (11,197) 1,974,961

Page 23