## BRIGHTON AND HOVE REFORM SYNAGOGUE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Charity Registration No. 1155461 ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Council Report For the Year Ended 31 March 2022** The Council present their Annual Report, together with the unaudited financial statements, for the year ended 31 March 2022. ## **Structure Governance and Management** The Synagogue became a Charitable Incorporated Organisation (CIO) on 13 July 2013. The Synagogue’s new constitution as a CIO was registered by the Charity Commission on 24 January 2014. The constitution determines the powers and activities of the Trustees, which it describes as members of the Council. It also sets out how the Trustees should be elected, and defines the duties of the Executive, which comprises the Honorary Officers. At every Annual General Meeting, all Trustees retire from office but are eligible for re-election. Any vacancies arising may be filled by the decision of the members at the Annual General Meeting. The Trustees may at any time decide to appoint a new Trustee, whether in place of a Trustee that has retired or been removed or as an additional Trustee, providing that the limit on number of Trustees set out in the Constitution is not breached. The Council generally meets monthly and considers a large variety of issues related to the Synagogue's administration. Administrative tasks are generally delegated to members of the Synagogue staff, but they at all times act under Council instruction. ## **Objectives and Activities** Under the Constitution: "The object of the CIO is to advance the Jewish religion, in particular, but not exclusively, by supporting and maintaining the Synagogue. Nothing in this constitution shall authorise an application of the property of the CIO for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 or section 2 of the Charities Act (Northern Ireland) 2008.” In practice, this means that the Synagogue prioritises the following areas: - Providing services for its members, including maintaining social/pastoral contact for those in need, providing religious services for lifecycle events and providing Jewish religious activities and services; - Provision of a building in which religious, educational and charitable activities can take place; - Provision of staff to organise and assist those activities, although the Synagogue is heavily dependent in all areas - on the voluntary activities of its members; and - Maintaining affiliations with a number of Jewish organisations including the Movement for Reform Judaism, the - Jewish Joint Burial Society, the Community Security Trust and the Sussex Jewish Representative Council. ## **Achievements and Performance during the year** Adult membership was down 9 to 391 during the 2021 calendar year and child membership was up by 18 to 93. This demonstrates the ongoing impact of the closure of the Synagogue building, which was closed due to the pandemic throughout the previous financial year. During the year we gained 27 (2021 - 16) new adult members and lost 36 (2021 - 35), of which 13 (2021 - 20) were as a result of death and the others mostly moved away or lapsed membership for financial reasons. This was the sixth consecutive year in which our adult membership declined, for reasons which are controversial, but certainly include demographic change in the Jewish population nationally. The Synagogue reopened for services with limited attendance late in 2020 but we have struggled to re-establish attendances at their previous levels. Congregants were certainly deterred by the ongoing pandemic risk, the need to wear masks and socially distance and our well-advised but often uncomfortable policy on ventilation. We brought in a pre-booking requirement for services to limit numbers and this was discontinued early in 2022. All services continue to be available on Zoom and attract a small but regular number of congregants. **Page One** ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Council Report (continued) For the Year Ended 31 March 2022** Our numerous activity groups continued to cater for a growing number of requirements. We had members and others studying religious texts under the Rabbi on-line, the book-club continued, and the group learning to "leyn" (chant in Hebrew from the Torah scroll) also worked online. We have not yet reinstated our popular teas for the elderly and most social events except for simchas held as socially distanced events after services were impossible, but welfare activity continued by phone, and there were additional calls to members old and new. Our choir returned to communal singing when it was permitted in Summer 2021, but they sung in the balcony well distanced from the Congregation. For the High Holydays in September 2021 numbers in Synagogue were limited to 75 on a pre-booked basis, which meant congregations were considerably smaller than usual. The services were also available simultaneously on YouTube. Once again our greatest achievement was to keep the Cheder (religion school) operating on-line returning to in-person teaching in September 2020. Teaching on-line worked well where it included the active participation of parents. "Kuddle-up" for the youngest and Cheder for school age children up to Bar/Batmitzvah age have both continued, with monthly learning service for the Bnei Mitzvah students, who also have received one-to-one support. We have a Youth Leader working in cooperation with RJ Netzer, RJ's youth group, who provided online and in person youth activities for the 8-13 age group throughout the year. We also started a Membership Engagement Project in connection with Reform Judaism. Our office staff continued their work, part of which they were able to do from home, which works well. Our bi-monthly magazine (Sha'are Shalom), and the colourful High Holy Day magazine appeared as usual. The Council continued to meet monthly on Zoom and the emergency weekly sessions were discontinued as the pandemic restrictions ebbed. ## **Financial Review** Our total income in 2022 excluding legacies and funerals in both years was £184,661 (2021: £190,752) down 3%. The decrease of £6,091 was mainly caused by the absence of any income from grants for furlough which were £12,585 last year even though subscription income increased by £5,884 after dropping in 2021 by £13,337. Unfortunately, there was almost no recovery in income from all those activities relying on the use of the Synagogue building such as social events, room hire and ticket sales. Funeral related income fell post-pandemic by £59,976 in the year to £67,504, and although this source of income does tend to vary substantially between years, this was the lowest for very many years. The net operating surplus as shown in these accounts, before investment gains, was £10,422 (2021 - £27,646 deficit). This included £30,927 of redevelopment related legal costs, offset by the large legacy. On a consistent "repeatable" basis before those elements of income and cost which are one-off or uncontrollable (funerals, legacies and redevelopment costs), the operating deficit in 2022 was £40,018 (2021- £63,861 deficit). This consistent basis is what we use internally to track our activity and the improvement results from a fall in “repeatable” expenditure of £29,934 to £224,679. We made savings from the staffing reductions made as a result of the pandemic which cut administrative and Cheder employment costs by £20,465 (24%) and caretaker/cleaning costs by £5,659. Employment costs had been offset by the furlough grant in 2021. Conversely utility costs increased as we reopened the building. The Movement for Reform Judaism cut its subscriptions by £6,915 or 28%. Non-operating items were again favourable in 2022 with investment valuations generating a further gain of £49,526 (2021 - £148,851) after a loss of £105,957 in 2020. We also received a legacy from the estate of Harry Zurich z’’l following the death of his widow of £80,635 for which the Council is extremely grateful (2021 – other legacies were £11,719). This was our second largest legacy for at least the last two decades. However, the large fall in funeral income meant a reduced profit on funerals of £732 was generated this year. ## **Reserves** Cash balances decreased this year to £83,449 (2021 - £95,832) despite some rebalancing between cash and investments to ensure adequate cash was held for operating needs. Free (General) reserves after deduction of fixed assets yet to be depreciated have increased to £839,525 (2021 - £788,539). The Council still considers that the Synagogue should retain cash reserves of at least £100,000 to cover emergencies and cushion against large swings and seasonality in income and expenditure, not least from unpredictable funerals and legacies which we have always experienced We expect that our redevelopment project, which is still in the planning stage but making better progress, will require us to spend some of these reserves but will eventually provide a cash benefit from reduced expenditures to aid recovery of our reserves. **Page Two** **BRIGHTON AND HOVE REFORM SYNAGOGUE Council Report (continued) For the Year Ended 31 March 2022** ## **Going Concern** The Trustees have considered the impact of the coronavirus pandemic, and the measures taken to contain it, on the synagogue and its ability to continue as a going concern. Although the ultimate impact cannot be finally determined, the Synagogue reopened in June 2021, and is now operating virtually as normal. The Trustees have concluded that due to various factors including the Synagogue's level of cash and investments, there is a reasonable expectation that the Synagogue has adequate resources to continue in operational existence for the foreseeable future. Consequently, the financial statements are prepared on a going concern basis. ## **The Coming Year** The Council have prepared a preliminary budget for 2022-23 and expects to incur an operating deficit. We know that elements of our income such as legacies, funerals and investment performance are anyway uncertain, but we plan to focus on: - Adult Education - a review and updated programme of events and Shiurs (study sessions) - Avodah - a review of our services and issues around attendance - Cheder (Religion school) and Young People- continued support and focus of our thriving and vibrant Cheder. Including ongoing support for youth programme - Constitution Review – including introducing term limits for all Council members - Eco Synagogue - for BHRS to be a member of the Eco Synagogue and review of our relevant practices and procedure - Membership Engagement - Introduction of a Befrienders Programme and events around welcoming and new member - Redevelopment of our building - Social Activity - to increase in person activities and events ## **Public Benefit** The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit and the specific guidance relating to bodies for the advancement of religion. We are constitutionally required to prioritise the provision of Jewish religious services, and the Council performs that duty through the employment of a Rabbi, the training of lay readers, and the provision of a large, beautiful and appropriate Sanctuary. In addition, in normal times the Council fulfils its duty for "other charitable activities" through active dedication to: - Pastoral care, both to members and on occasion to other Jewish people in the Sussex area. - Education both for adults and children in topics both specifically Jewish and of general Jewish interest; and - Perpetuation of the Jewish community, fulfilled through fundraising as well as other social and pastoral activities. Our activities are popular amongst both members and other people in the community. ## **President and Trustees** The Honorary President is Michael Harris. The Trustees who were Members of Council throughout the Year were: **Executive Council: Other Council Members:** Chair Sharon Rose Bryan Huberman Vice Chair Debra Goodman Roger Berlin Vice Chair Anthony Rosenfield Jason Lever Hon. Treasurer Peter Vos Michelle Kay Hon. Secretary Noah Gerstman **Page Three** BRIGHTON AND HOVE REFORM SYNAGOGUE Councll Report (Continued) For the Year Endod 31 March 2022 The Synagogue 45 a CIO and 18 register8d 8s a chty bythe Charty Commi8sion. Nrrthr 1155461. Thy Synagogue before it b8c8me 8 CIO was w[ste￿) 0$ 8 ch8rity n￿mL￿r 1132661. The Synagogue 1$ a wtslttJ8nt rnarrthf of R8forni Jud8i5rn. is ￿90 8 WSt8rad tharity. These 8ccwnts have been drawm up in accordwx* Stal8ment of RecJJmrMr¥knJ Pr*b"(* ArLcAJnt"r¥J R8rxYts"ng by Chadlles. 2015. Rlsk Manag•m•ni The Counral CC￿￿￿18rB bbat t￿ Synautyjuts Is b￿0Th￿ng r8lherrArtdated wOw•l-wcrfn due tolts 899 8nd18 ttn8kS8rtTra measures Ind￿d￿ rthèknp￿•ntoftho sts to I￿8 risk. Flx•d As••ts The movements kn FW knets duriThJ thè Jew *• 8•t out kn Nots 10 of Iha ffinandd sM•monts. Stal•m•ntol th• Coundl'• R•wnslblOM The Courril are respon￿bkI ftr rnpanThJ Ihe Coundf8 RerAIrt th• 8tatsnKgnts In artudan¢e Wlh sp￿1￿￿￿8 Lgw 8nd United KlTrJdorn AccuJniJn9 Siw￿P4￿s IUthJ Klnojom Ger¥Jr#ltyAttept8d Pr8c*"f*l. Th• law otwtabkn l) In E￿9a￿l & Wtha Mquhs tho fin8wKW 5tat•ments fu each finarKlal ye8r whlch È Iruo •rxl f8ir wew of stale of the affw8 01 tho Syn8wa of the incomiry r08tyJTce5 and 8ppIIc81ion of ro8ourc•$ of ts s￿49c9ul fe< thèt pwknj. In w8pwlr¥J st8témonts, the Councu 8r• r•qulr•d Sact su118b￿ Old•8 Ihern con6kn*. ¢bs•rv8 the rnelhod$ and in the C￿1•8 SORP.. makèludgomonts and e$lrn8¢98 Ihal are reBec1￿tle 8TrJ stale ￿ther 8ppIicBble Aeec*Jnthva S￿￿e•￿s. I￿U￿1￿a FRS 102. h•v• bMn fc4rm￿. 8ubW tl any rnateri81 depathre$ d￿d￿d 8TrJ ex￿￿nad In tha financw st8tem8nts', state wh8lh8r 8 Stalemont of ReccThF)￿e¢ Prac*ce ISORPI aWl•8 arn1 Sublect to y rnatsrk81 depBrbJres ar• In the #tat•ment8'. a prep8re Ihe flnBnci& slal8rn•nts cffj lh• gory fxrKem ba81s, It ll Inapprow1ate to Ihot the s￿agOgUe ￿11 ojntinuo in ¢)p•rntbn. The Council ar• responslble for k••t4ro acuyjnlrg recwd8 d￿d02• re880nobl8 ￿tUrn¢Y 8t 8nylr t￿ finoncbl rx)8llk)n of the Synagogue aTrJ wtrich onat4• to ensur8 Ihal the financ481 st8ternents CCrn￿Y the Charile6 A¢1 2011. Ihe Ch8rlty IAccwn18 and ReFortsl R•gukl*Th 2fJ)8 tho pro￿￿0￿ of th8 Tru8t de8d8. Thoy ar8 8180 respon8b￿ f￿ safegua￿1￿￿ tho ass•ts olthe Syyww for takw4 rtasLyth st•ps for Ihe prevention and L1etseOon ol fraud arKI Olher Irwlarib88. y Ord•r of the Cwndl P￿rn￿tra Avenue East Su888X BN3 3GE Sharon Ro CWr Date.. 16 Junè 2022 Pag• Four ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Independent Examiner's Report to the Members of Brighton and Hove Synagogue** I report on the accounts of Brighton and Hove Reform Synagogue for the year ended 31 March 2022, which comprise the Statement of Financial Activities, Balance Sheet and related notes. ## **Respective Responsibilities of Trustees and Examiner** The Synagogue's Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the Synagogue’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** Since the Synagogue’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies. 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: - 1) accounting records were not kept in respect of the Synagogue as required by section 130 of the Act; or - 2) the accounts do not accord with those records; or - 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination. 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. Betchworth House 57 - 65 Station Road Redhill Surrey RH1 1DL **Ian Matthews** (FCA, ICAEW) **On behalf of Moore Kingston Smith LLP Chartered Accountants** Date: 17 June 2022 **Page Five** ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Statement of Financial Activities For the Year Ended 31 March 2022** |**Note**
**INCOME AND ENDOWMENTS**
Donations, gifts and legacies
**2**
**Other Trading Activities**
Trading activities
**3**
**Charitable Activities**
**4**
**Investment Income**
**5**
**Total Operating Income**
**EXPENDITURE**
**Raising Funds**
Generating Voluntary Income
Goods sold and services provided
**Total cost of raising funds**
**6**
**Charitable Activities**
**7**
**Total Operating Expenditure**
**Net Operating Income**
**9**
**Unrealised gains on Investments**
**Net Movement in Funds**
**Total Funds Brought Forward**
**Total Funds Carried Forward**|**Unrestricted**
**Funds**
**£**
91,244
11,769
144,722
22,135
269,870
-
493
493
265,190
265,683
4,187
49,526
53,713
953,919
1,007,632|**Restricted**
**Funds**
**£**
2,871
1,411
58,648
-
62,930
3,831
-
3,831
52,864
56,695
6,235
-
6,235
97,227
103,462|**2022**
**Total**
**£**
94,115
13,180
203,370
22,135
332,800
3,831
493
4,324
318,054
322,378
10,422
49,526
59,948
1,051,146
1,111,094|**2021**
**Total**
**£**
25,422
57,644
225,116
21,769| |---|---|---|---|---| |||||329,951| |||||3,844
433| |||||4,277
353,320| |||||357,597| |||||(27,646)
148,851| |||||121,205
929,941| |||||1,051,146| **Page Six** BRIGHTON AND HOVE REFORM SYNAGOGUE Balance Shggt As at 31 March 2022 Flxgd A8sqts T•gtle Assets Invesbnents 10 11 1ffi,107 863,698 1,031.805 165,3P 817.715 983.095 Jud8L8 SW St￿* Funwal Acts 1.877 372 33.rffj1 83.449 118,779 1.701 372 17,036 95,832 114.941 12 13 Cash 4t IN HW Curmt U•NlItkn• Cr•dltors'. ArnryJnl8fdlwJ ¢kn ithin cne ye8r 14 Ngt Curr•nt*A••I* 68 051 YotAI N•t A•••t• 1.111.094 1051.148 Reslrtetsd Furds Unr•strbcl•J FuN18. De8W unrestr￿8¢ Fu￿. Geter 103,462 97.227 168.107 165.380 788.539 1051.148 AFpTh￿ by Ihe Syry>Je CcwTrSI cfft 16 J.uno.2022................. 6lgr*d ffi lty bghfitt by P8tsr VOA. Trthawrer **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022** ## **1. Accounting Policies** ## **(a) Accounting convention** The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Synagogue is a public benefit entity for the purposes of FRS 102 and a registered charity and therefore has also prepared its financial statements in accordance with the 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 (The FRS 102 Charities SORP) and Charities Act 2011. ## **(b) Going concern** The Trustees have considered the impact of the coronavirus pandemic, and the measures taken to contain it, on the synagogue and its ability to continue as a going concern. Although the ultimate impact cannot be reliably determined, the Synagogue was required to close as a result of containment measures and is expected to reopen in June. The Trustees took steps to mitigate the impact of the closure, including the introduction of regular services conducted online, as discussed in more detail in the Trustees’ Report. Due to the current situation it is very difficult for the Trustees to form reliable estimates of forecast income and expenditure and some by its nature, such as legacies, is inherently uncertain. However, the Trustees have concluded that due to various factors including the Synagogue’s level of cash and investments, there is a reasonable expectation that the Synagogue has adequate resources to continue in operational existence for the foreseeable future. Consequently, the financial statements are prepared on a going concern basis. ## **(c) Subscriptions** Subscriptions due for the current year are included, after making allowance for any amounts that are unlikely to be collected. ## **(d) Donations, legacies, etc** Voluntary income includes donations and legacies, grants and fundraising income and is included in full in the period in which it is receivable. Legacies are considered receivable when the amount can be reliably measured and receipt is reasonably certain. ## **(e) Resources expended** Expenditure is recognised on an accruals basis, gross of irrecoverable VAT. The financial statements distinguish between the following subheadings: ## _Cost of raising funds_ This category includes all expenditure relating to the cost of goods sold and services provided, along with the cost of generating voluntary income. ## _Cost of charitable activities_ This category includes all expenditure on activities in furtherance of the charity's objects together with expenditure on costs incurred in support of the charitable activities undertaken by the charity. ## **(f) Restricted and unrestricted funds** The accounts distinguish between restricted and unrestricted funds. The former are subject to restrictions on the purposes for which they may be used. Unrestricted funds are those where there are no externally imposed restrictions. They include those freely available to the Synagogue for expenditure or appropriation to reserves for internally designated purposes. The same basis is used for accounting for income in each of these funds. ## **(g) Designated funds** The Designated Fund relates to the costs involved with the purchase and depreciation of tangible fixed assets. **Page Eight** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **1. Accounting policies (continued)** ## **(h) Critical accounting estimates and areas of judgement** In the view of the Trustees in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements nor do any estimates or assumptions made carry any significant risk of material adjustment on the next financial year. - **(i) Burial plots** As in previous years, no depletion provision is considered necessary by the Board in respect of land used for burial. ## **(j) Stock** Stock is valued at the lower of cost and net realisable value. ## **(k) Tangible fixed assets** Tangible fixed assets of more than £100 are capitalised and included at cost. Provision is made for depreciation on tangible assets at rates calculated to write-off the cost over their expected useful life as follows: Freehold Property - nil Fixtures and Fittings - 25% per annum on a reducing basis Office and Computer Equipment - 33% per annum on a reducing basis The Board have reviewed tangible assets, which comprise land, buildings, fixtures and fittings. Where the Board consider that the expected useful life is in excess of 50 years and the carrying value in the financial statements is not more than the estimated recoverable amount, no depreciation has been charged. The Board have and will continue to carry out annual reviews of impairment. **(l) Fixed asset investments** The Synagogue owns 100% of the issued share capital of BHRS Development Limited and BHRS Residential Limited. These investments are held at cost. Other investments are held at fair value. ## **(m) Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities. ## **(n) Government grant income** Grants relating to revenue are recognised in income on a systematic basis over the periods in which the Synagogue recognises the associated costs for which the grant is intended to compensate. **Page Nine** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **1. Accounting policies (continued)** ## **(o) Pensions** The Synagogue operates a defined contribution scheme for the benefit of the Rabbi. Contributions payable are charged to the Statement of Financial Activities in the year they are payable. ## **(p) Cash flow statement** The charity has taken the exemption available in paragraph 7.1B of FRS102 and has not prepared a cash flow statement. ## **2. Voluntary income - donations and gifts:** |**Year to 31 March 2022**
Legacies
Donations
Yahrzeit
Kol Nidre
Renewal Fund (Representative Council)
Welfare Fund Donations
Prayer Book Fund
**Year to 31 March 2021**
Legacies
Donations
Kol Nidre
Yahrzeit
Renewal Fund (Representative Council)
Prayer Book Fund
Welfare Fund Donations
Memorial Board
Youth Fund|**Unrestricted**
**Funds**
**£**
80,635
4,822
3,024
2,763
-
-
-
91,244
11,719
3,885
3,411
2,983
-
-
450
-
-
22,448|**Restricted**
**Funds**
**£**
-
-
-
-
2,420
416
35
2,871
-
-
-
-
2,460
489
-
25
-
2,974||**Total**
**£**
80,635
4,822
3,024
2,763
2,420
416
35| |---|---|---|---|---| |||||94,115| |||||11,719
3,885
3,411
2,983
2,460
489
450
25
-| |||||25,422| **Page Ten** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **3. Trading Activities:** ## **4.** |**Year to 31 March 2022**
Non-Member Funerals
Catering team, Seder and Functions
Adverts & New Year Greetings
Security Fund
Judaica Shop Sales
Wedding Charges
Board of Deputies
Hall Hire (including students)
High Holyday Tickets
Government grant income
**Year to 31 March 2021**
Non-Member Funerals
Government grant income
Security Fund
Judaica Shop Sales
Adverts & New Year Greetings
Catering team, Seder and Functions
Board of Deputies
Hall Hire (including students)
High Holyday Tickets
Wedding Charges
**Incoming Resources from Charitable Activities**
**Year to 31 March 2022**
Subscriptions
Jewish Joint Burial Society
Income Tax Recoverable on Subscriptions
and Donations
Income from Members for Funerals
Stone Settings
Religion Classes
Grant Income
**Year to 31 March 2021**
Subscriptions
Income from Members for Funerals
Jewish Joint Burial Society
Income Tax Recoverable on Subscriptions
and Donations
Religion Classes
Stone Settings|**Unrestricted**
**Funds**
**£**
7,462
1,636
1,357
-
814
300
-
200
-
-
11,769
41,566
12,585
-
1,184
825
285
-
(105)
(80)
-
56,260
**Unrestricted**
**Funds**
**£**
123,450
-
18,001
-
3,100
-
171
144,722
117,621
-
-
17,946
3,635
1,800
141,002|**Restricted**
**Funds**
**£**
-
-
-
1,169
-
-
242
-
-
-
1,411
-
-
1,204
-
-
-
180
-
-
-
1,384
**Restricted**
**Funds**
**£**
-
40,901
-
17,747
-
-
-
58,648
-
60,022
24,092
-
-
-
84,114||**Total**
**£**
7,462
1,636
1,357
1,169
814
300
242
200
-
-| |---|---|---|---|---| |||||13,180| |||||41,566
12,585
1,204
1,184
825
285
180
(105)
(80)
-| |||||57,644| |||||**Total**
**£**
123,450
40,901
18,001
17,747
3,100
-
171| |||||203,370| |||||117,621
60,022
24,092
17,946
3,635
1,800| |||||225,116| **Page Eleven** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **5. Investment income** |**Year to 31 March 2022**
Interest on Deposits
Dividends Received
**Year to 31 March 2021**
Interest on Deposits
Dividends Received
**6.**
**Raising funds**
**Year ended 31 March 2022**
Costs of Generating Voluntary Income
Renewal Fund (Representative Council)
Security Fund
Board of Deputies
Fundraising: Costs of goods sold and services provided
Judaica Shop
**Year ended 31 March 2021**
Costs of Generating Voluntary Income
Renewal Fund (Representative Council)
Security Fund
Board of Deputies
Fundraising: Costs of goods sold and services provided
Judaica Shop|**Unrestricted**
**Funds**
**£**
32
22,103
22,135
80
21,689
21,769
**Unrestricted**
**Funds**
**£**
-
-
-
493
493
-
-
-
433
433|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
**Restricted**
**Funds**
**£**
2,420
1,169
242
-
3,831
2,460
1,204
180
-
3,844|**Total**
**£**
32
22,103| |---|---|---|---| ||||22,135| ||||80
21,689| ||||21,769| ||||**Total**
**£**
2,420
1,169
242
493| ||||4,324| ||||2,460
1,204
180
433| ||||4,277| **Page Twelve** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **7. Expended charitable activities** |**Year to 31 March 2022**
**Costs directly related to activities:-**
Rabbinic Costs and Expenses
Administration, Cheder and Welfare Costs
Funeral Costs
Jewish Joint Burial Society
Movement for Reform Judaism Affiliation
Kiddush & Chagim Costs
Education
Youth Fund
Welfare Assistance
**Support costs allocated to activities:-**
Redevelopment Fees
Insurances
Accountancy
Lighting and Heating
Repairs and Maintenance
Telephone
Caretaker Costs
Printing, Stationery and Advertising
Legal and Professional
Sundry Resources Expended
Investment Management Fees
Credit Card Charges
Water Rates
Depreciation
Computer Running Costs
Motor Expenses
Travel Expenses|**Unrestricted**
**Funds**
**£**
69,968
64,985
14,285
-
17,451
1,048
986
-
61
168,784
30,927
9,284
7,500
7,236
6,789
5,499
5,422
3,972
3,751
3,352
2,629
2,566
2,563
2,533
2,014
314
55
96,406
265,190|**Restricted**
**Funds**
**£**
-
-
32,993
19,494
-
-
-
313
-
52,800
-
-
-
-
-
-
-
-
-
64
-
-
-
-
-
-
-
64
52,864|**Total**
**£**
69,968
64,985
47,278
19,494
17,451
1,048
986
313
61| |---|---|---|---| ||||221,584| ||||30,927
9,284
7,500
7,236
6,789
5,499
5,422
3,972
3,751
3,416
2,629
2,566
2,563
2,533
2,014
314
55| ||||96,470| ||||| ||||318,054| **Page Thirteen** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **7. Expended charitable activities (continued)** |**Year to 31 March 2021**
**Costs directly related to activities:-**
Administration, Cheder and Welfare Costs
Funeral Costs
Rabbinic Costs and Expenses
Jewish Joint Burial Society
Movement for Reform Judaism Affiliation
Education
Kiddush & Chagim Costs
Youth Fund
Langdon Foundation appeal
Welfare Assistance
**Support costs allocated to activities:-**
Caretaker Costs
Insurances
Repairs and Maintenance
Accountancy
Lighting and Heating
Telephone
Legal and Professional
Water Rates
Printing, Stationery and Advertising
Computer Costs
Sundry Resources Expended
Investment Management Fees
Depreciation
Credit Card Charges
Travel Expenses
Redevelopment Fees
**8.**
**Staff costs**
Salaries
Social security costs
Pension and life insurance costs
Redundancy costs|**Unrestricted**
**Funds**
**£**
85,450
17,259
68,608
-
24,366
3,256
1,452
-
-
-
200,391
11,081
9,620
7,737
6,780
4,804
4,533
4,212
3,960
3,661
3,090
2,833
2,241
1,861
750
11
-
67,174
267,565|**Restricted**
**Funds**
**£**
-
60,467
-
25,258
-
-
-
30
-
-
85,755
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
85,755
**2022**
**£**
129,544
5,124
5,316
-
139,984|**Total**
**£**
85,450
77,726
68,608
25,258
24,366
3,256
1,452
30
-
-| |---|---|---|---| ||||286,146| ||||11,081
9,620
7,737
6,780
4,804
4,533
4,212
3,960
3,661
3,090
2,833
2,241
1,861
750
11
-| ||||67,174| ||||| ||||353,320| ||||**2021**
**£**
134,234
5,996
5,677
19,022| ||||164,929| **Page Fourteen** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **8. Staff costs (continued)** The average numbers of full time equivalent staff employed during the year was 4 (2021: 4). The key management personnel of the Synagogue are the Trustees and the Rabbi. During the year, the Trustees received remuneration of £nil (2021: £nil) and were not reimbursed any expenses. During the year, the Rabbi received remuneration of £62,896 (2021: £61,793) and was reimbursed £390 (2021: £210) of expenses. During the year, one employee received emoluments within the range of £60,000 to £69,999 (2021: one employee). There were no redundancy payments made during the year (2021 - £19,022). The amount from last year was paid monthly and at the balance sheet date £Nil (2021 - £11,094) is outstanding in relation to this. ## **9. Net operating income** |This is stated after charging:
Independent Examiner's fee|**2022**
**£**
7,500|**2021**
**£**
6,780| |---|---|---| During the year, the Synagogue also incurred fees of £1,500 (2021: £nil) in respect of tax advisory services and £420 (2021: £420) in respect of other accounting services from the Independent Examiner. |**10. Tangible fixed assets**
**Cost**
At 1 April 2021
Additions
Disposals
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for Year
Eliminated on disposals
At 31 March 2022
**Net book value at**
31 March 2022
31 March 2021
**11. Fixed asset investments**
**Cost or market value**
At 1 April 2021
Additions at cost
Disposal at cost
Unrealised fair value gains
At 31 March 2022
**Net book value at**
31 March 2022
31 March 2021|**Freehold**
**Fixtures**
**Land and**
**and**
**Buildings**
**Fittings**
**£**
**£**
161,281
75,032
-
3,550
-
(786)
161,281
77,796
-
73,900
-
974
-
(786)
-
74,088
161,281
3,708
161,281
1,132
**£**
2
-
-
-
2
2
2
**Investment in**
**subsidiaries**|**Office and**
**Computer**
**Equipment**
**£**
17,387
1,710
-
19,097
14,420
1,559
-
15,979
3,118
2,967
**Other**
**investments**
**£**
817,713
74,105
(77,649)
49,527
863,696
863,696
817,713|**Total**
**£**
253,700
5,260
(786)| |---|---|---|---| ||||258,174| ||||88,320
2,533
(786)| ||||90,067| ||||168,107| ||||165,380| ||||**Total**
**£**
817,715
74,105
(77,649)
49,527| ||||863,698| ||||863,698| ||||817,715| **Page Fifteen** **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **11. Fixed asset investments (continued)** Details of the Synagogue's dormant subsidiaries as at 31 March 2022 were as follows: |**Name of undertaking**|**Class of**
**shares held**|**% Held**
**Direct**|**Capital &**
**Reserves**|**Profit for**
**the year**|**Principal**
**activity**| |---|---|---|---|---|---| ||||**£**|**£**|| |BHRS Development
Limited|Ordinary £1
shares|100|1|-|Dormant| |BHRS Residential Limited|Ordinary £1
shares|100|1|-|Dormant| The companies are both registered in England and Wales and have their Registered Office address as the Synagogue. |**12. Debtors and prepayments**
Other debtors
Prepayments and accrued income
**13. Cash at bank and in hand**
**Unrestricted**
**Restricted**
**Funds**
**Funds**
**£**
**£**
-
83,449|**2022**
**£**
23,484
9,597
33,081
**Total**
**Funds**
**2022**
**£**
83,449|**2021**
**£**
12,122
4,914| |---|---|---| |||17,036| |||**Total**
**Funds**
**2021**
**£**
95,832| |**14. Creditors: Amounts falling due within one year**
Other creditors and accruals
Deferred income
Social security and other taxes|**2022**
**£**
36,458
733
2,299
39,490|**2021**
**£**
44,456
-
2,434| |---|---|---| |||46,890| Deferred income represents fundraising income received during the year for events taking place post year end. **Page Sixteen** ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** |**15. Restricted funds**
Jewish Joint Burial Society
Funeral Expenses Fund
Prayer Book Fund
Youth Fund
Fit Out Fund
Welfare Fund
Scroll Repair Fund
Renewal Fund (Representative Council)
Security Fund
Board of Deputies|**1 April 2021**
**£**
27,442
29,975
12,962
9,312
8,901
6,857
1,778
-
-
-
97,227||**Incoming**
**£**
40,901
17,747
35
-
-
416
-
2,420
1,169
242
62,930||**Outgoing**
**£**
19,494
32,993
64
313
-
-
-
2,420
1,169
242|**31 March 2022**|**31 March 2022**| |---|---|---|---|---|---|---|---| ||||||||**£**
48,849
14,729
12,933
8,999
8,901
7,273
1,778
-
-
-| ||||||56,695||103,462| The Funeral Expenses Fund was set up to cover the costs of members' funerals. The Jewish Joint Burial Society is a central fund to which contributions are made towards the cost of members' funerals. Peter Vos is a Trustee of this charity as well as being a member of the Synagogue's Executive. The Youth Fund was set up to assist with the costs of youth activities, mostly in connection with Reform Jewish Youth. The Scroll Repair Fund was set up for the upkeep of the scrolls. The Prayer Book Fund was set up for the maintenance and replacement of the stock of liturgical books. The Welfare Fund was set up for donations given for a welfare purpose, mostly by the Rabbi. The Renewal Fund is for contributions to the Sussex Jewish Representative Council. The Security Fund is for contributions towards the Community Security Trust (CST), which is responsible for the Synagogue's Security. The Board of Deputies Fund is for contributions towards the representative body of the Jewish community in the UK. The Fit Out Fund is for contributions towards the new Synagogue's fit out. **Page Seventeen** ## **BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2022 (Continued)** ## **16. Analysis of Net Assets between funds** |**Restricted Funds**
**Unrestricted Funds**
General
Designated
**Net Assets**|**Tangible**
**Fixed**
**Assets**
**£ (Note 10)**
-
-
168,107
168,107|**Investments**
**£ (Note 11)**
-
863,698
-
863,698|**Cash at**
**Bank and**
**in hand**
**£ (Note 13)**
83,449
-
-
83,449||**Other Net**
**Assets/**
**(Liabilities)**
**£**
20,013
(24,173)
-
(4,160)|**Total**
**£**
103,462
839,525
168,107| |---|---|---|---|---|---|---| |||||||1,111,094| ## **17. Operating leases** At 31 March 2022, Brighton & Hove Reform Synagogue was committed to make the following payments under non-cancellable operating leases: |Due within 1 year
Within two to five years|**2022**
**£**
786
590
1,376|**2021**
**£**
786
1,376| |---|---|---| |||2,162| The amount charged to the SOFA in respect of operating leases for the year amounted to £786 (2021: £786). ## **18. Related party transactions** There have been no related party transactions during the year that require disclosure in the financial statements. **Page Eighteen**