## BRIGHTON AND HOVE REFORM SYNAGOGUE
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Charity Registration No. 1155461
## BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report For the Year Ended 31 March 2024
The Board present their Annual Report, together with the unaudited financial statements, for the year ended 31 March 2024.
## Structure Governance and Management
The Synagogue became a Charitable Incorporated Organisation (CIO) on 13 July 2013. The Synagogue's first constitution as a CIO was registered by the Charity Commission on 24 January 2014 and a new Constitution was registered on 13th April 2023.
The 2024 constitution determines the powers and activities of the Trustees, which it describes as members of the Board, formerly known as the Council. It also sets out how the Trustees and Honorary Officers should be elected and how long they may serve which is based on a third of the Board retiring each year. The maximum permitted length of service is three terms of office but within their terms as trustees, the Chair and Vice-chair may serve for two terms. The Board 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 Board generally meets monthly, either on-line or in person, 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 Board instruction.
In seeking candidates for the Board from among members, the Chair considers the skill mix already represented and whether new skills are required (e.g. Human Resources, Project management). Another focus is ensuring that that there is adequate diversity in terms of gender, age, specific activity interests (e.g. Cheder, religious services), lived experience and background.
## Objectives and Activities
Under the Constitution the object of the Synagogue is "... to advance the Jewish religion, in particular, but not exclusively, by supporting and maintaining the Synagogue.”
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 10 to 364 (calendar 2022- 374) during the 2023 calendar year and child membership was up by 8 to 104. During the year we gained 19 (calendar 2022 - 25) new adult members and lost 29 (2022 - 42), of which 10 (2022 - 22) were as a result of death and the others mostly moved away or lapsed membership for financial reasons. This was the eighth consecutive year in which our adult membership declined, for reasons which are not always known, but certainly include the passing of older members and demographic change in the Jewish population nationally.
Page 2
## BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2024
The Synagogue’s services now attract attendances close to their pre-Covid levels and Synagogue activity in other areas has also rebounded after a somewhat hesitant start in 2022. All services continue to be available on Zoom and attract a small but regular number of congregants.
Our numerous activity groups continued to cater for a growing number of requirements. We have had members and others studying religious texts under the Rabbi and the book-club is well supported. Following the terrible events in Israel in October 2023, we set up a support group for people affected by the atrocities which met with Rabbi, and an Israeli member of Council has led a new group, Israel in Focus, which has monthly meetings mostly with invited speakers from a variety of backgrounds Helping Hands, the local charity, have continued their popular teas for the elderly in our Ajex Hall. Simchas and other social events with food provided by our excellent catering team have been in place all year. Welfare activity continued mostly by phone, and there is a growing team placing calls to elderly and less mobile members.
The choir, renamed the BHRS singers, now sings from the centre of the congregation and is expanded to between three and five in regular services and peaked at ten or more on the High Holydays. High Holyday services again attracted a very full Congregation with on-line provision now restricted to congregants unable to attend in person.
Once again, our greatest achievement has been the burgeoning Cheder (religion school) which now has over 55 pupils in six classes or with one-to-one tuition where necessary. Teaching on-line has continued where it is useful, including for some Bnei Mitzvah students who have received one-to-one support and there is a monthly learning service directed specifically at their needs. "Kuddle-up" has continued to thrive for the youngest. We appointed a new Youth Leader from a local University who works in co-operation with RJ Netzer, MRJ's youth group, and provides youth activities for the 10-18 age group.
Our Membership Engagement project is now in its third year. We have greeters for Shabbat services and Befrienders for new members. We also have a new Small Groups West social team, for members who live in the Shoreham to Littlehampton coastal belt. This group has met monthly on a Friday evening at members’ homes as well as hosting occasional social events.
Sophia Poznansky continues as part-time Synagogue Administrator job-sharing with our Bookkeeper Caroline Mackay. The office is now open every weekday morning. We have launched a new website this year and communicate with the large majority of our members by email which is quicker, cheaper and requires less effort than using the post.
The Board continued to meet monthly in person, and we stopped the dual-format meetings (in person and on Zoom) mid-year. The return to real in person meetings definitely facilitated our work. We thank Noah Gerstman for his excellent, effective and dedicated service to the Shul as Head of Security, as a former Hon Secretary and as a trustee for more than a decade. We are delighted to have four new candidates for the Trustee board (also referred to as the Council) this year and although Noah is standing down at this year’s AGM, we should have eleven trustees after the AGM, just one short of a full complement.
## Financial Review
Our total income in 2024 was £307,706 (2023- 299,344) up 3%. Excluding legacies and funerals in both years we derive our controllable “operating income” which was £204,026 (2023: £191,732) up 6%. The increase of £12,294 includes a reduction of subscription income by £1,074 mainly as a result of increased concessions and despite a successful campaign to sign up more gift-aid subscribers . This was offset by donations for the very successful Kol Nidre appeal for repair of the scrolls reached its target bringing in £16,143, compared with £4,477 for the appeal in 2022.
Funeral related income also rose by £5,149, 5%, somewhat less than inflation in the sector. These gains were offset by a fall in legacies as there were none in 2023, and other donations were also rather low.
Expenditure was £386,402 (2023- £372,432) up 4%. On a controllable “operating expenditure” basis, so excluding funerals and redevelopment fees, it was £282,322 (2023 – 252,411) up 12%. Staff costs comprise 58% of these costs and increased 6% in an environment of high inflation. We also incurred much higher utility costs and repair costs for our ageing building, together up £16,764. Telephone costs increased £6,691 after a big refund in 2023.
Page 2
## BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2024
The net operating deficit as shown in these accounts, before investment gains, was £78,696 (2023 - £73,088) of which included £31,986 of redevelopment related legal costs. On a consistent "repeatable" basis before those elements of income and cost which are one-off or uncontrollable (funerals, legacies and redevelopment costs), the controllable deficit in 2024 was £84,877 (2023- £60,679). This consistent basis is what we use internally to track our activity. The reason why the published “operating deficit” is somewhat better than the controllable basis is primarily that the published deficit includes the benefit from the JJBS “moratorium” on burial cost subscription fees for the calendar year which saved us £13,745.
Non-controllable items in 2024 included a gain in investment valuations of £48,460 (2023 - £59,727 loss). We had to withdraw £50,000 from our long-term investments during the year to cover the cash outflow resulting from the deficit, but this withdrawal was offset by the gains, so the investment portfolio closed almost unchanged at £777,431 (2023- £778,971).
## Reserves
Cash balances decreased this year to £24,689 (2023 - £31,694). Free (General) reserves after deduction of fixed assets yet to be depreciated have decreased to £650,156 (2023 - £765,464) although restricted reserves have increased to £113,786 (2023 – 46,664). The Board 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.
## Redevelopment
Following an Extraordinary General Meeting in February 2023, the Board signed an Option Agreement with Perth Securities and Investments Limited to allow them to redevelop our site. In summary, and subject to satisfactory planning permission, they will buy two-thirds of our site to build a block of flats. In exchange, they will build and pay for fitout of a new Synagogue which will display our iconic John Petts windows. It will be a somewhat smaller building on the remaining land which we will continue to own freehold. The Redevelopment Committee is continuing to work with Perth to obtain satisfactory planning permission and to advance the project.
## Going Concern
The Board has 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 Board have prepared a preliminary budget for 2024-25 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 again to focus on:
- Adult Education: An ongoing programme of events and Shiurs (study sessions)
- Avodah: Ongoing support of our committee to support Lay Leaders and to review and address issues around attendance and Shabbat and HHD services.
- Cheder (Religion school) and Young People: Continued support and focus on our thriving and vibrant Cheder, including ongoing support for youth programme.
- Membership Engagement: Continue and grow our Befrienders programme, ongoing Small Groups activity and associated events.
- New Members: focused activity on attracting new members.
- • Outreach and Partnership working – in particular regard to Youth activity and social events.
- Redevelopment of our building
- Social Activity – maintain current groups and planned events and activities.
- Volunteering – ongoing support for existing volunteers and look to extend this whenever possible for all areas of Synagogue life.
Page 3
## BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2024
## 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 Board performs that duty through the employment of a Rabbi, the training of lay readers, and the provision of an appropriate Sanctuary. In addition, in normal times the Board 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 Board and served throughout the Year unless stated were:
## Honorary Officers
## Other Council members
Chair Sharon Rose Noah Gerstman Vice Chair Debra Goodman Rebecca Graber (Resigned 20th July 2023) Senior Warden Anthony Rosenfield Erez Peer (Appointed 20th July 2023) Treasurer Peter Vos Elizabeth Shaw (Appointed 20th July 2023) Secretary Michelle Kay (Resigned 28th April 2023) Secretary Michael Harris (Appointed 20th July 2023)
Page 4
BRIGHTON AND HOVE REFORM SYNAGOGUE
Trustees. Report (continued)
For the Year Ended 31 March 2024
Legal and Administratlve Inforniatlon
The Synagogue is a CIO and is registered as a charity by thè Charity Commission. number 1155461. The Synagogue
bèfore it becam8 a CIO was registered as a charity number 1132661.
The Synagogu6 is a conslttuent member of Reform Judaism. which Is also a registered charity. These accounts
have been drawn up in accordanc6 with the Statement of Recommended Practice 'Accounting and Reporting
by Charities..
Risk Management
The Council considers that the Synagogue is becoming rather outdated arKJ well-wom due to its age and is consldering
measures including redevelopment of the site to minimise this risk.
Flxed Assets
The movements in Fixed Assets during the year are set out in Note 10 of the finandal ststemants.
Statament of the Councll's RponsibIlItI8$
Tha Council 8r8 responsible for preparing the Council's Report and the finandal ststements in accordance Wbth
applicable law and United Kingdom Accountlng Stsndards (United Kingdom Generally Aepted Accounting PracltC8).
The law applicab16 to charitles In England & Wales requlres the Council to prepare financial st8tem8nls for each
financial year which give a true and fair view of the stsle of the affairs of the Synagogue and of the incoming resource$
end application of resources of the Synagogue for that ricl. In preparing these financial Statements, the Coun¢ll are
required to:
selèct sultable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP.,
make judgemenls and estimates that are reasonable and prudent.,
slate whethèr applicable Accounting Standards, including FRS 102, have bèen followed. subled to any
material départures disclosed and explained in the financial stat8ments:
pr8pare the financi81 slat8ments on the going concem basis, unless it is inappropriate to presume that the
Synagogue will contirwe in operation.
The Council are rèsponsible for keeping proper accounting records whlch disclose wth reasonable acGuracy at any time
the financial position of the Synagogue and vthich enable them to ensure that the financial statements comply with tha
Charitiès Act 2011, the Charty {Accounts and Reports) Regulations 2008 and the provisions of the Trust deeds. They
are also SponsI1e for safeguarding Ihe assets of the Synagogue and hence for taking reasonabl8 stsps for tha
prevention and rJelection of fraud and other irregularities.
By Order of the Council
Palmeira Avenue
Hove
East Sussex
BN3 3GE
Sharon Rose
Chair
LLW*
Dal6'.
g Q02
Page 5
## 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 2024, 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 ACCA, 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 Date: 18 July 2024
James Saunders (ACCA, DChA) On behalf of Moore Kingston Smith LLP Chartered Accountants
Page 6
## BRIGHTON AND HOVE REFORM SYNAGOGUE Unaudited Statement of Financial Activities For the year ended 31 March 2024
|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/(losses) on Investments
Transfers between funds
15
Net Movement in Funds
Total Funds Brought Forward
Total Funds Carried Forward|Unrestricted
Funds
£
1,619
31,139
145,277
25,177
203,212
109
333
442
325,414
325,856
(122,644)
48,460
(23,174)
(97,358)
931,615
834,257|Restricted
Funds
£
18,393
1,177
84,924
-
104,494
1,818
-
1,818
58,728
60,546
43,948
-
23,174
67,122
46,664
113,786|2024
Total
£
20,012
32,316
230,201
25,177
307,706
1,927
333
2,260
384,142
386,402
(78,696)
48,460
-
(30,236)
978,279
948,043|2023
Total
£
22,015
28,298
224,560
24,471
299,344
4,893
1,062
5,955
366,477
372,432
(73,088)
(59,727)
-
(132,815)
1,111,094
978,279|
|---|---|---|---|---|
Page 7
BRIGHTON AND HOVE REFORM SYNAGOGUE
Trustees. Report (continued)
For the Year Ended 31 March 2024
Note
2024
2023
Flxed Assets
Tangiblo Assets
Investments
10
11
166,198
777,431
943.629
166,141
778.971
945,112
Currènt Assets
Judaica Shop Stock
Funeral Plots
Debtors and Prepayments
Cash at Bank and in Hand
1.841
372
28.803
24,689
55,705
1.779
372
38,696
31,694
72.541
12
13
Curront Llabllltles
Creditors- Amounts f811ing due
wlthln one year
14
51.291)
39,374
Nat Current Assets
4,414
33.167
Tot81 Net Assets
948,043
978.279
Aecumulatsd Funds
Restricted Funds
Unrestricted Funds - Deslgnated
Unrestricted Funds - General
15
113.786
46,684
166.198
668.059
166,141
765,474
834.257
931,615
16
948.043
978.279
8 diALy LOQL
Approved bythe Synagogue Council on........................................ and signed ils behalfby
Sharon Rosè- Chalr
Peter Vos - Treasurer
Page 8
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2024
## 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
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) Basis of preparation of accounts
The charity controls two subsidiaries. It does not prepare consolidated accounts since it does not meet the criteria in the Charities Act 2011 (and applicable regulations) which require preparation of consolidated accounts.
## (d) Subscriptions
Subscriptions due for the current year are included, after making allowance for any amounts that are unlikely to be collected.
## (e) 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.
## (f) 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.
## (g) 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.
## (h) Designated funds
The Designated Fund relates to the costs involved with the purchase and depreciation of tangible fixed assets.
Page 9
BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 1. Accounting policies (continued)
## (i) 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.
## (j) Burial plots
As in previous years, no depletion provision is considered necessary by the Council in respect of land used for burial.
## (k) Stock
Stock is valued at the lower of cost and net realisable value.
## (l) 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 Fixtures and Fittings Office and Computer Equipment
- nil
- 25% per annum on a reducing basis - 33% per annum on a reducing basis
The Council have reviewed tangible assets, which comprise land, buildings, fixtures and fittings. Where the Council 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 Council have and will continue to carry out annual reviews of impairment.
## (m) 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.
## (n) 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.
- (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.
Page 10
BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 1. Accounting policies (continued)
## (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 2024
Donations
Renewal Fund (Representative Council)
Yahrzeit
Prayer Book Fund
Scroll repair fund
Year to 31 March 2023
Legacies
Donations
Renewal Fund (Representative Council)
Yahrzeit
Kol Nidre
Memorial Board
Welfare Fund Donations
Prayer Book Fund|Unrestricted
Funds
£
800
-
819
-
-
1,619
Unrestricted
Funds
£
9,081
5,672
-
2,233
2,161
-
-
-
19,147|Restricted
Funds
£
-
2,250
-
-
16,143
18,393
Restricted
Funds
£
-
-
2,410
-
-
217
216
25
2,868||Total
£
800
2,250
819
-
16,143
20,012
Total
£
9,081
5,672
2,410
2,233
2,161
217
216
25
22,015|
|---|---|---|---|---|
Page 11
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 3. Trading Activities:
|Year to 31 March 2024
Non-Member Funerals
High Holyday Tickets
Catering team and Functions
Seder tickets
Adverts & New Year Greetings
Security Fund
Judaica Shop Sales
Hall Hire (including students)
Wedding Charges
Board of Deputies
Year to 31 March 2023
Non-Member Funerals
High Holyday Tickets
Catering team and Functions
Seder tickets
Adverts & New Year Greetings
Security Fund
Judaica Shop Sales
Hall Hire (including students)
Wedding Charges
Board of Deputies
4.
Incoming Resources from Charitable Activities
Year to 31 March 2024
Subscriptions
Jewish Joint Burial Society
Income from Members for Funerals
Income Tax Recoverable on Subscriptions
and Donations
Stone Settings
Year to 31 March 2023
Subscriptions
Jewish Joint Burial Society
Income from Members for Funerals
Income Tax Recoverable on Subscriptions
and Donations
Stone Settings|Unrestricted
Funds
£
14,756
5,309
6,578
1,702
935
-
789
300
770
-
31,139
Unrestricted
Funds
£
14,170
5,125
2,842
1,844
1,541
-
752
350
300
-
26,924
Unrestricted
Funds
£
121,222
-
-
20,055
4,000
145,277
122,296
-
-
17,903
4,100
144,299|Restricted
Funds
£
-
-
-
-
-
1,117
-
-
-
60
1,177
Restricted
Funds
£
-
-
-
-
-
1,164
-
-
-
210
1,374
Restricted
Funds
£
-
61,317
23,607
-
-
84,924
-
52,270
27,991
-
-
80,261||Total
£
14,756
5,309
6,578
1,702
935
1,117
789
300
770
60
32,316
Total
£
14,170
5,125
2,842
1,844
1,541
1,164
752
350
300
210
28,298
Total
£
121,222
61,317
23,607
20,055
4,000
230,201
122,296
52,270
27,991
17,903
4,100
224,560|
|---|---|---|---|---|
Page 12
BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
5. Investment income
|Year to 31 March 2024
Dividends Received
Interest on Deposits
Year to 31 March 2023
Dividends Received
Interest on Deposits
Raising funds
Year ended 31 March 2024
Costs of Generating Voluntary Income
The Guild
Board of Deputies
Renewal fund
Security fund
Fundraising: Costs of goods sold and services provided
Judaica Shop
Year ended 31 March 2023
Costs of Generating Voluntary Income
The Guild
Board of Deputies
Renewal fund
Security fund
Fundraising: Costs of goods sold and services provided
Judaica Shop
Catering team, Seder and Functions|Unrestricted
Funds
£
24,021
1,156
25,177
24,419
52
24,471
Unrestricted
Funds
£
109
-
-
-
333
442
1,109
-
-
-
1,062
-
2,171|Restricted
Funds
£
-
-
-
-
-
-
Restricted
Funds
£
-
-
30
1,788
-
1,818
-
210
2,410
1,164
-
-
3,784||Total
£
24,021
1,156
25,177
24,419
52
24,471
Total
£
109
-
30
1,788
333
2,260
1,109
210
2,410
1,164
1,062
-
5,955|
|---|---|---|---|---|
## 6. Raising funds
Page 13
BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 7. Expended charitable activities
|Year to 31 March 2024
Costs directly related to activities:-
Rabbinic Costs and Expenses
Administration, Cheder and Welfare Costs
Funeral Costs
Movement for Reform Judaism Affiliation
Jewish Joint Burial Society
Education
Youth Fund
Kiddush & Chagim Costs
Welfare Assistance
Support costs allocated to activities:-
Redevelopment Fees
Repairs and Maintenance
Lighting and Heating
Caretaker Costs
Insurances
Accountancy
Sundry Resources Expended
Printing, Stationery and Advertising
Credit Card Charges
Computer Running Costs
Investment Management Fees
Depreciation
Water Rates
Motor Expenses
Telephone|Unrestricted
Funds
£
78,586
61,536
7,270
21,755
-
3,487
-
2,824
-
175,458
38,567
23,998
24,770
19,134
9,726
8,640
6,888
4,251
2,871
2,095
-
2,090
3,676
104
3,146
149,956
325,414|Restricted
Funds
£
-
-
52,616
-
5,627
-
485
-
-
58,728
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
58,728||Total
£
78,586
61,536
59,886
21,755
5,627
3,487
485
2,824
-
234,186
38,567
23,998
24,770
19,134
9,726
8,640
6,888
4,251
2,871
2,095
-
2,090
3,676
104
3,146
149,956
384,142|
|---|---|---|---|---|
Page 14
BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 7. Expended charitable activities (continued)
|Year to 31 March 2023
Costs directly related to activities:-
Rabbinic Costs and Expenses
Administration, Cheder and Welfare Costs
Funeral Costs
Movement for Reform Judaism Affiliation
Jewish Joint Burial Society
Education
Youth Fund
Kiddush & Chagim Costs
Welfare Assistance
Support costs allocated to activities:-
Redevelopment Fees
Repairs and Maintenance
Lighting and Heating
Caretaker Costs
Insurances
Accountancy
Sundry Resources Expended
Printing, Stationery and Advertising
Credit Card Charges
Computer Running Costs
Investment Management Fees
Depreciation
Water Rates
Motor Expenses
Telephone
8.
Staff costs
Salaries
Social security costs
Pension and life insurance costs|Unrestricted
Funds
£
75,815
64,739
6,942
22,611
-
3,362
-
1,424
30
174,923
41,496
17,214
14,790
10,218
10,137
8,250
5,814
4,354
2,577
2,463
2,430
1,966
176
153
(3,545)
118,493
293,416|Restricted
Funds
£
-
-
52,211
-
19,372
-
1,478
-
-
73,061
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
73,061
2024
£
148,167
4,168
5,658
157,993||Total
£
75,815
64,739
59,153
22,611
19,372
3,362
1,478
1,424
30
247,984
41,496
17,214
14,790
10,218
10,137
8,250
5,814
4,354
2,577
2,463
2,430
1,966
176
153
(3,545)
118,493
366,477
2023
£
140,363
4,293
5,154
149,810|
|---|---|---|---|---|
Page 15
## 8. Staff costs (continued)
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
The average numbers of full time equivalent staff employed during the year was 3 (2023: 3). The total headcount comprised one full time employee, the Rabbi, and other employees who all work part-time.
These comprise include 2 in administration, a caretaker, and, on average, 9 adults in the religion school. The total headcount was 13 (2023: 11). Key management personnel comprise the trustees and the Rabbi.
During the year, the Trustees received remuneration of £nil (2023: £nil) and were not reimbursed any expenses.
During the year, the Rabbi received remuneration of £69,836 (2023: £67,171) and was reimbursed £1,263 (2023: £963) of expenses.
During the year, one employee received emoluments within the range of £60,000 to £69,999 (2023: one employee).
## 9. Net operating income
|This is stated after charging:
Independent Examiner's fee
10. Tangible fixed assets
Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for Year
At 31 March 2024
Net book value at
31 March 2024
31 March 2023
11. Fixed asset investments
Cost or market value
At 1 April 2023
Disposal at cost
Unrealised fair value loss
At 31 March 2024
Net book value at
31 March 2024
31 March 2023|Freehold
Fixtures
Land and
and
Buildings
Fittings
£
£
161,281
77,796
-
-
161,281
77,796
-
75,015
-
695
-
75,710
161,281
2,086
161,281
2,781
£
2
-
-
2
2
2
Investment in
subsidiaries|2024
£
8,640
Office and
Computer
Equipment
£
19,096
2,147
21,243
17,017
1,395
18,412
2,831
2,079
Other
investments
£
778,969
(1,540)
-
777,429
777,429
778,969|2023
£
8,250
Total
£
258,173
2,147
260,320
92,032
2,090
94,122
166,198
166,141
Total
£
778,971
(1,540)
-
777,431
777,431
778,971|
|---|---|---|---|
The historical cost of investments managed by Barclays is £752,615 (2023: £752,615)
Page 16
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 11. Fixed asset investments (continued)
Details of the Synagogue's dormant subsidiaries as at 31 March 2024 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
14. Creditors: Amounts falling due within one year
Other creditors and accruals
Deferred income
Social security and other taxes|Unrestricted
Funds
£
-|Restricted
Funds
£
24,689|2024
£
11,762
17,041
28,803
Total
Funds
2024
£
24,689
2024
£
46,409
653
4,229
51,291|2023
£
32,690
6,006
38,696
Total
Funds
2023
£
31,694
2023
£
33,646
1,277
4,451
39,374|
|---|---|---|---|---|
Deferred income represents fundraising income received during the year for events taking place post year end.
Page 17
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
|15. Restricted funds
Jewish Joint Burial Society
Funeral Expenses Fund
Prayer Book Fund
Fit Out Fund
Youth Fund
Welfare Fund
Renewal Fund
Scroll Repair Fund
Security Fund
Memorial Board
Board of Deputies|1 April 2023
£
-
7,800
12,958
8,901
7,521
7,489
-
1,778
-
217
-
46,664||Incoming
£
61,317
23,607
-
-
-
-
2,250
16,143
1,117
-
60
104,494||Outgoing
£
5,627
52,616
-
-
485
-
30
-
1,788
-
-
60,546||Transfer
£
-
21,209
-
-
-
-
190
-
1,775
-
-
23,174|£
55,690
-
12,958
8,901
7,036
7,489
2,410
17,921
1,104
217
60
113,786
31 March 2024|
|---|---|---|---|---|---|---|---|---|
||||||||||
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 Funeral Expenses Fund was set up to cover the costs of members' funerals.
Following clarification, the Council have concluded that the balances on the Jewish Joint Burial Society & Funeral Expenses Funds (excluding the estimated charges for funeral plots) should be treated as unrestricted.
The Prayer Book Fund was set up for the maintenance and replacement of the stock of liturgical books.
The Fit Out Fund is for contributions towards the new Synagogue's fit out.
The Youth Fund was set up to assist with the costs of youth activities, mostly in connection with Reform Jewish Youth.
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 Scroll Repair Fund was set up for the upkeep of the scrolls.
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.
Page 18
## BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2024
## 16. Analysis of Net Assets between funds
|Restricted Funds
Unrestricted Funds
General
Designated
Net Assets|Tangible
Fixed
Assets
£ (Note 10)
-
-
166,198
166,198|Investments
£ (Note 11)
-
777,431
-
777,431|Cash at
Bank and
in hand
£ (Note 13)
24,689
-
-
24,689||Other Net
Assets/
(Liabilities)
£
89,097
(109,372)
-
(20,275)||Total
£
113,786
668,059
166,198
948,043|
|---|---|---|---|---|---|---|---|
## 17. Operating leases
At 31 March 2024, 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||2024
£
-
-
-||2023
£
590
-
590|
|---|---|---|---|---|
The amount charged to the SOFA in respect of operating leases for the year amounted to £590 (2023: £786).
## 18. Related party transactions
David Turton,(son of the Chair, Sharon Rose) has been paid a total of £651 (2023: £1,581) in the year through the payroll.
Page 19