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← Brighton & Hove Reform Synagogue

2025-03-31-accounts

BRIGHTON AND HOVE REFORM SYNAGOGUE

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Charity Registration No. 1155461

BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report For the Year Ended 31 March 2025

The Board present their Annual Report, together with the unaudited financial statements, for the year ended 31 March 2025.

Structure Governance and Management

The Synagogue became a Charitable Incorporated Organisation (CIO) on 13th 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 2024.

The 2024 constitution determines the powers and activities of the Trustees, which it describes as members of the Board, also known as the Council. It also sets out how the Trustees and Honorary Officers should be elected and how long they may serve. The re-election process 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 only serve in that office 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:

Achievements and Performance during the year

Adult membership was 362 at end December 2024 (2023 - 364) and child membership was 90 (2023 -104). During the year we gained 25 new adult members (calendar 2023 - 19) and lost 27 (2023 - 29), of which 13 (2023 - 10) were as a result of death and the others mostly moved away or lapsed membership for financial reasons. This was the ninth 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 1

BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2025

All services continue to be available on Zoom and attract a regular congregation which rarely falls below 30.

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 and an Israeli member of the Board leads a 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 take place regularly. Welfare activity continued mostly by phone, and there is a dedicated team placing calls to elderly and less mobile members.

The choir, renamed the BHRS singers, now sings from the centre of the congregation and numbers between three and five in regular services and peaked at seven or more on the High Holydays. These 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 45 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 during term-time directed specifically at their needs. Our Youth Leader from a local University 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 fourth year. We have greeters for Shabbat services and Befrienders for new members. We also have a 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.

The Synagogue Administrator Caroline Mackay is now assisted by a volunteer in the office which is usually open three mornings a week. We have again updated our website this year and communicate with the large majority of our members by email, which is quicker, cheaper and requires less effort than using post.

The Board continued to meet monthly in person and meetings have been rescheduled to early evening which gets a better attendance. Having elected four new trustees at last year’s AGM, we now have eleven trustees which is just one short of a full complement and has enabled us to fill all the major roles.

Financial Review

Our total income in 2025 was £300,668 (2024- £307,706) down 2.3%. Excluding funerals in both years (there were no legacies) we derive our controllable “operating income” which was £209,955 (2024: £204,026) up 2.9%. There was a £7,860, 6.5%, rise in subscription income, which is the most for several years. It results probably from the end of the special concessions for Covid. We also had improvements on income from High Holyday tickets and social events. However, the exceptional Kol Nidre appeal for repair of the scrolls which raised £16,143 in 2024, the previous year, was not repeated and we raised only £5,143 in 2025 year. Funeral related income also fell by £12,967, but for obvious reasons this is a volatile number without much trend.

Expenditure was £352,322 (2024- £386,402) down 8.8%. On a controllable “operating expenditure” basis, so excluding funerals and redevelopment fees, it was £263,797 (2024 – £282,322) down 6.6%. Staff costs comprise 51.5% of these costs and despite giving inflation-based pay rises, were down 14.1% as a result of concerted efforts to save costs and mobilise volunteers (thank you!) in place of paid staff. We also reduced utility costs by making much less use of the heating, saving £14,144 and we cut the exceptionally high building maintenance costs incurred in in 2024 by £34,540. Unfortunately, we have built quite a backlog of repairs for 2026.

The net operating deficit as shown in these accounts, before investment losses, was £51,654 (2024 - £78,696). The 2025 deficit included £18,825 (2024-£31,986) of legal costs largely to ensure the removal of legal covenants on the use of our site. On a consistent "repeatable" basis, before those elements of income and cost which are one-off or uncontrollable (funerals, legacies and redevelopment costs), the deficit in 2025 was £53,842 (2024- £78,296). This consistent basis is what we use internally to track our activity, and so it really was a major improvement.

Non-controllable items in 2025 included a very small loss in investment valuations of £848 following a gain in 2024 of £48,460. We had to withdraw cash of £75,000 (2024 - £50,000) from our long-term investments during the year to cover the cash outflow resulting from the continuing deficits, and this withdrawal was reflected in the closing portfolio valuation down to £701,580 (2024- £777,431).

Page 2

BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2025

Reserves

Cash balances increased this year to £40,350 (2024 - £24,689) benefitting from some of the cash withdrawn from the investment portfolio. Free (General) reserves after deduction of fixed assets yet to be depreciated have increased to £698,977 (2024 - £668,059) as a result of a thorough review of the restricted reserves which have decreased to £30,952 (2024 – £113,786). We have reclassified £55,690 held for future JJBS payments as General reserves as payments are now made in a timely fashion. Our reserves are obviously far above the safety-net level which the Board believes should be more than £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.

Redevelopment and Listing of the Synagogue Building

On 3rd March 2025 the Board was informed by Historic England that the building had been listed Grade 2. The decision was made almost a year after a visit by Historic England and followed considerable efforts by the Board to avoid listing. However, there was a well-publicised campaign by the Twentieth Century Society and others which was successful. The Board appealed the listing in April and is awaiting a final decision. Obviously, all redevelopment plans and our Option Agreement with Perth Securities and Investments Limited to allow them to redevelop our site has been put on hold pending the results of our appeal, and Members will be informed as soon as we have further information. In the meantime, the Redevelopment Committee is examining other options for future improvements to the building, whether or not the Listing remains in place.

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 2025-26 and again expects to incur a reduced 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:

Page 3

BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees' Report (continued) For the Year Ended 31 March 2025

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:

President and Trustees

The Honorary President is Michael Harris who is also a Trustee. The Trustees who were Members of Board and served throughout the Year unless stated were:

Honorary Officers Other Council members Chair Sharon Rose Michelle Epstein (Appointed 28th July 2024) Vice Chair Debra Goodman Noah Gerstman (Retired 28th July 2024) Secretary Michael Harris Michelle Kay (Appointed 28th July 2024) Senior Warden Anthony Rosenfield Adam Ma'anit (Appointed 28th July 2024) Treasurer Peter Vos Erez Peer Elizabeth Shaw Paul Wiltshire (Appointed 28th July 2024)

Page 4

BRIGHTON AND HOVE REFORM SYNAGOGUE Trustees, Report (continued) For the Year Ended 31 March 2025 Legal and Administrative Information The Synagogue is a consliluent member of Ihe Movement for Reform Judaism. which is also a registered charity. These accounts have been drawn up in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities,. Risk Management The concerns of the Board include the additional costs which listed stslus will bring for future maintenance and repairs. The long-lerm decline in membership numbers also remains a major focus. with much of our activity intended lo bolster recruilmenl and encourage member families to maintain their membership in the long-term. Fixed Assets The movements in Fixed Assets during the year are sel out in Note 10 of the financial statements. statement of the Board's Responsibilities select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP.. make judgements and estimates thal are reasonable and prudenl., slate whether applicable Accounting Standards. including FRS 102. have been followed, subject to any material departures disclosed and explained in the financial stslements., prepare the financial statements on the going concern basis. unless it is inappropriate lo presume that the Synagogue will continue in operation. The Board are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Synagogue and which enable them to ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deeds They are also responsible for safeguarding the assets of the Synagogue and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By Order of the Board Palmeira Avenue Hove East Sussex BN3 3GE Sharon Rose Chair Date: 11th August 2025 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 2025, 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:

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

James Saunders (FCCA, DChA) On behalf of Moore Kingston Smith LLP Chartered Accountants

57 - 65 Station Road Redhill Surrey RH1 1DL

Date: 14 August 2025

Page 6

BRIGHTON AND HOVE REFORM SYNAGOGUE Unaudited Statement of Financial Activities For the year ended 31 March 2025

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
£
10,214
39,318
225,813
22,771
298,116
-
1,922
1,922
324,880
326,802
(28,686)
(848)
59,866
30,332
834,257
864,589		 Restricted
Funds
£
1,355
1,197
-
-
2,552
7,722
-
7,722
17,798
25,520
(22,968)
-
(59,866)
(82,834)
113,786
30,952		 2025
Total
£
11,569
40,515
225,813
22,771
300,668
7,722
1,922
9,644
342,678
352,322
(51,654)
(848)
-
(52,502)
948,043
895,541		 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

Page 7

BRIGHTON AND HOVE REFORM SYNAGOGUE Balance sheet As at 31 March 2025 Note 2025 2024 Fixed Assets Tangible Assets Investments 10 11 165.612 700.718 866.330 166,198 777,431 943,629 Current Assets Judaica Shop Stock Funeral Plots Debtors and Prepayments Cash at Bank and in Hand 1,806 372 20.896 40.350 63.424 1,841 372 28,803 24.689 55,705 12 13 Current Liabilities Creditors: Amounts falling due within one year 14 (34.213) (51.2911 Net Current Assets 29.211 4,414 Total Net Assets 895.541 948.043 Accumulated Funds Restricted Funds Unrestricted FLJnds - Designated Unreslricled Funds - General 15 30,952 113,786 165.612 698.977 166.198 668,059 864.589 834.257 16 895.541 948.043 Approved by the Synagogue Council on IlthAugust.2025.......... and signed on ils behalf by Sharon Rose - Chair Peter Vos- Treasurer Page 8

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements For the Year Ended 31 March 2025

1. Accounting Policies

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 2025

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 - nil Fixtures and Fittings - 25% per annum on a reducing basis Office and Computer Equipment - 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 for impairment.

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.

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 2025

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 2025
Donations
Yahrzeit
Prayer Book Fund
Scroll repair fund
Welfare fund
Kol Nidre
Year to 31 March 2024
Donations
Renewal Fund (Representative Council)
Yahrzeit
Scroll repair fund		 Unrestricted
Funds
£
3,194
2,808
-
-
-
4,212
10,214
Unrestricted
Funds
£
800
-
819
-
1,619		 Restricted
Funds
£
-
-
57
1,105
193
-
1,355
Restricted
Funds
£
-
2,250
-
16,143
18,393		 Total
£
3,194
2,808
57
1,105
193
4,212
11,569
Total
£
800
2,250
819
16,143
20,012

Page 11

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

3. Trading Activities:

Year to 31 March 2025
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)
Board of Deputies
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
4.
Incoming Resources from Charitable Activities
Year to 31 March 2025
Subscriptions
Jewish Joint Burial Society
Income from Members for Funerals
Income Tax Recoverable on Subscriptions
and Donations
Stone Settings
Year to 31 March 2024
Subscriptions
Jewish Joint Burial Society
Income from Members for Funerals
Income Tax Recoverable on Subscriptions
and Donations
Stone Settings		 Unrestricted
Funds
£
14,331
8,015
11,209
1,369
1,130
-
3,164
100
-
39,318
Unrestricted
Funds
£
14,756
5,309
6,578
1,702
935
-
789
300
770
-
31,139
Unrestricted
Funds
£
129,082
60,487
12,795
20,349
3,100
225,813
121,222
-
-
20,055
4,000
145,277		 Restricted
Funds
£
-
-
-
-
-
1,107
-
-
90
1,197
Restricted
Funds
£
-
-
-
-
-
1,117
-
-
-
60
1,177
Restricted
Funds
£
-
-
-
-
-
-
-
61,317
23,607
-
-
84,924		 Total
£
14,331
8,015
11,209
1,369
1,130
1,107
3,164
100
90
40,515
Total
£
14,756
5,309
6,578
1,702
935
1,117
789
300
770
60
32,316
Total
£
129,082
60,487
12,795
20,349
3,100
225,813
121,222
61,317
23,607
20,055
4,000
230,201

Page 12

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

5. Investment income

Year to 31 March 2025
Dividends Received
Interest on Deposits
Year to 31 March 2024
Dividends Received
Interest on Deposits
6.
Raising funds
Year ended 31 March 2025
Costs of Generating Voluntary Income
Security fund
Fundraising: Costs of goods sold and services provided
Judaica Shop
Year ended 31 March 2024
Costs of Generating Voluntary Income
The Guild
Renewal fund
Security fund
Fundraising: Costs of goods sold and services provided
Judaica Shop		 Unrestricted
Funds
£
22,763
8
22,771
24,021
1,156
25,177
Unrestricted
Funds
£
-
1,922
1,922
109
-
-
333
442		 Restricted
Funds
£
-
-
-
-
-
-
Restricted
Funds
£
7,722
-
7,722
-
30
1,788
-
1,818		 Total
£
22,763
8
22,771
24,021
1,156
25,177
Total
£
7,722
1,922
9,644
109
30
1,788
333
2,260

Page 13

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

7. Expended charitable activities

Year to 31 March 2025
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 & scroll repair
Printing, Stationery and Advertising
Credit Card Charges
Computer Running Costs
Investment Management Fees
Depreciation
Water Rates
Motor Expenses
Telephone
Subscriptions and Donations
Social events and Catering
Legal costs		 Unrestricted
Funds
£
59,055
55,382
47,090
13,938
22,610
1,961
-
2,525
-
202,561
18,825
4,027
10,626
7,381
11,948
32,067
13,822
3,939
2,934
2,573
-
1,883
4,044
77
3,920
1,237
1,816
1,200
122,319
324,880		 Restricted
Funds
£
15,938
-
-
-
-
1,860
-
-
17,798
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
17,798		 Total
£
74,993
55,382
47,090
13,938
22,610
1,961
1,860
2,525
-
220,359
18,825
4,027
10,626
7,381
11,948
32,067
13,822
3,939
2,934
2,573
-
1,883
4,044
77
3,920
1,237
1,816
1,200
121,119
341,478

Page 14

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

7. Expended charitable activities (continued)

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
8.
Staff costs
Salaries
Social security costs
Pension and life insurance costs		 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
2025
£
127,189
3,895
4,888
135,972		 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
2024
£
148,167
4,168
5,658
157,993

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 (2024: 3). The total headcount comprised one full time employee, the Rabbi, and other employees who all work part-time. These comprise 2 in administration, a caretaker, and, on average, 9 adults in the religion school. The total headcount was 17 (2024: 13).

Key management personnel comprise the trustees and the Rabbi.

During the year, the Trustees received remuneration of £nil (2024: £nil) and were not reimbursed any expenses.

During the year, the Rabbi received remuneration of £69,836 (2024: £69,836) and was reimbursed £13,242 (2024: £1,263) of expenses.

During the year, one employee received emoluments within the range of £60,000 to £69,999 (2024: one employee).

9. Net operating income

This is stated after charging:
Independent Examiner's fee
10. Tangible fixed assets
Cost
At 1 April 2024
Additions
At 31 March 2025
Depreciation
At 1 April 2024
Charge for Year
At 31 March 2025
Net book value at
31 March 2025
31 March 2024
11. Fixed asset investments
Cost or market value
At 1 April 2024
Disposal at cost
Withdrawals
Unrealised fair value loss
At 31 March 2025
Net book value at
31 March 2025
31 March 2024		 Freehold
Fixtures
Land and
and
Buildings
Fittings
£
£
161,281
77,796
-
-
161,281
77,796
-
75,710
-
521
-
76,231
161,281
1,565
161,281
2,086
£
2
-
-
-
2
2
2
Investment in
subsidiaries		 2025
£
9,072
Office and
Computer
Equipment
£
21,243
1,297
22,540
18,412
1,362
19,774
2,766
2,831
Other
investments
£
777,429
(74,907)
(1,806)
700,716
700,716
777,429		 2024
£
8,640
Total
£
260,320
1,297
261,617
94,122
1,883
96,005
165,612
166,198
Total
£
777,431
-
(74,907)
(1,806)
700,718
700,718
777,431

The historical cost of investments managed by Barclays is £752,615 (2024: £752,615)

Page 16

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

11. Fixed asset investments (continued)

Details of the Synagogue's dormant subsidiaries as at 31 March 2025 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
Funds
£
-		 Restricted
Funds
£
40,350		 2025
£
15,015
5,881
20,896
Total
Funds
2025
£
40,350		 2024
£
11,762
17,041
28,803
Total
Funds
2024
£
24,689
14. Creditors: Amounts falling due within one year
Other creditors and accruals
Deferred income
Social security and other taxes		 2025
£
28,327
1,195
4,691
34,213		 2024
£
46,409
653
4,229
51,291

Deferred income represents fundraising income received during the year for events taking place post year end.

2025 2024
Deferred income at 1 April 2024 653 1,277
Income deferred in the year 1,195 653

Page 17

BRIGHTON AND HOVE REFORM SYNAGOGUE Notes to the Financial Statements (continued) For the Year Ended 31 March 2025

15. Restricted funds
Jewish Joint Burial Society
Prayer Book Fund
Fit Out Fund
Youth Fund
Welfare Fund
Renewal Fund
Scroll Repair Fund
Security Fund
Memorial Board
Board of Deputies		 1 April 2024
£
55,690
12,958
8,901
7,036
7,489
2,410
17,921
1,104
217
60
113,786		 Incoming
£
-
57
-
-
193
-
1,105
1,107
-
90
2,552		 Outgoing
£
-
3,000
-
1,860
-
-
12,938
7,722
-
-
25,520		 Transfer
£
(55,690)
(7,000)
-
-
-
(2,410)
-
5,511
(217)
(60)
(59,866)		 £
-
3,015
8,901
5,176
7,682
-
6,088
-
-
90
30,952
31 March 2025

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.

Following clarification, the Council have concluded that the balances on the Jewish Joint Burial Society Fund (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 Memorial Board Fund if for contributions towards memorial plaques.

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 2025

16. Analysis of Net Assets between funds

Restricted Funds
Unrestricted Funds
General
Designated
Net Assets		 Tangible
Fixed
Assets
£ (Note 10)
-
-
165,612
165,612		 Investments
£ (Note 11)
-
700,718
-
700,718		 Cash at
Bank and
in hand
£ (Note 13)
40,350
-
-
40,350		 Other Net
Assets/
(Liabilities)
£
(9,398)
(1,741)
-
(11,139)		 Total
£
30,952
698,977
165,612
895,541

17. Related party transactions

David Turton,(son of the Chair, Sharon Rose) has been paid a total of £71 (2024: £651) in the year through the payroll.

Page 19