REGisfERED COMPANY NUMBER.. 09271770 IEngland and Wales) REGISTERED CHARITY NUMBER.. 1161059 REPORT OF THE TRUSTEES AND ftADLE￿ REFORM SYNAGOGi •AB5LR021' OMPANIES HOUSE Nagler Simmon$ Chartered Accountants and Statutory Auditcrfs 5 Beavmonl Gate Shenley Hill Radlett WD7 7AR IIADLrrr REFORM TS OF THE FINAN IAL TA R ENDED 31ST DECEMB Page Reptyt ol ihe Tnjstees R*p•t ol the Indep¢nden¢ A￿lIt￿$ Stat4m•nt of Financial Aetlvltles Balanee Sheet 10 to 11 Cash How Statemenl Notes to th¢ Cash Flow Slatem Notes to the Finw¢ial Stat•m•nts 14 to 22 4A The trustees who are also directors of ihe charrty for the pul[￿eS of the Companies Act 2006. present their report with Ihe ftnancial statements of the chanty lor the year ended 31 sl December 2021. The tru5tee5 have adopted the provisions f Accounting and Reporting by Chariliès". SlatemÈnt of Recommended Practice applicable to charities Preparing their aecounts in accordance ￿th the Finanual Reporting StaNlard applieèble in the UK and Rèpublie of Irèland (FRS 1021 (effective l January 20191. OBJECTIVES AND ACTIVITIES Objectives The Synagogue was established in 1971 as a Congregaiion professing the Jewish Religion. with the obje￿$ of providing and maintaining a Synagogue for the purpose of public worship and advancing rdrgious. educational and ¢har¢table activities. We carry out Ihese objects ￿ many ways. The Synagogue is a member of the Movement for Refom Judaism. What follows are only examples ol wthal we do in the community. Slgnrfieant a￿1¥111￿$ In planning the charity's athivrties.lhe irv￿eeS have had regard to the Chanty Commission guidance on publ1¢ benefit. The continuing impact of Covid-19 has been fell during 2021 with a continual review of pracltces via an Operational group io ensure that our Community, Clergy and Slaff ¢￿tInUe to be able lo access the Synagogue for services as appropriate whilst maintairmng a safe and secure en￿rOnMent. We have taken leaming frorn how we have been offering services virtually and will move forward wf(h best practice in this area recognising the changing needs of our Community as welransttion fLIty rrtrt of the pandemi We conlinue to (Jeliver Shabbal services. festivals. lrfwcle event& cheder and barlbat mitzvah preparation etc., by variety of methods including Z(x)m. Faceb(x& and YouTth. During 2021 we saw ¢hange5 to our cler￿ team wtth Rabbi Celia Surget moving to America to lake on her own Community and Cantor Sarah Gra￿"ner take up a prestigious rolt In Israel. Recruitment activities have led to the lormal offèr of D Y Slem as our next Rabbi (subject lo ordination in July 20221. Rabbi Paul Freedman has been supported by members of ihe Community iaking on lay leader roles io assist wilh services and iakin9 on broader role5. So mary people - too many to name - have assisted with and enabled les50n$ (be they in yroups or on a ontrlcFone basi51, social activities for both athjlts children and frequent successful. inventive events. Despite hawng limited access and vsage of our buildings. thanks largely to the efforts of our excellent staff. volunteers and clergy. we have ¢OMinued io prrjvide the seM¢es needed. We continue lo work to ensure Ihal Ihe condtlion of ihe Synagogue is maintained and during 2021 Lmdertook a very comprehensive buildings survey from which we have been able to prioriiise key repair and building work to en$ure ihat the buildings remain fit for v5e going fi)rward and in line with our Community needs and requirements. As the year has progressed. we have been able to open our buildings and retum to providing a range of activities including Scouts. Cub5. Beavers, bridge. lable tenni$. Thursday Club for senior member5. Baby and Toddler Group. Kaddishim and Chavurah suppers. We are aware that since the Start of the pandemic there have been fewer aclivitTres Ihan we would have liked that span the wider community. We will continue tryi.ng to cemerrt these relatlollships by offering ¢ro55%omrnunal and interfaiih aclivities. Page 1 AT ACHIEVEMENT AND PERFORMANCE Charitable act4Vities Members ol ihe community gave generousty in support of the annual High Holy Day appeal, raising £3.992 for JAMI, £3.649 for Leo Baeck Educalion Centre. £3.710 for Sebbls Comer and £4,549 for Radlett Reform. The lotal raised was £15,9)O {compared to £34.777 in 2020)_ These figures are indusive of tax refunds on the donations. A¢hle¥ements The achievernen15 of ihe year owe much io the effons of a very large number of people who give their tKne paid and unpaid to ihe Community. Thanks goes to Rabbi Pavl who has been very dedicated io ￿sUrIng ihai ihe needs of the Comrrrtjnity remain priortthsed in the absence of further Clwgy. Thanks alsolo our very dedicated office staff, leaching Staff and caretakers. We are. however. very much a volunteer organisation. and we are indebted io a great many people, those on the Executive Committee and Board and many others rmjmerous to name herè. who have given up their time to further the activilies ol the community. The Synagogue will continue to go from strength to Slfength and aims to be a beacon for Refomi Jewish life In South Hertfordshire and ensuring that the community remains true to rts values of caring for each of its members as they pass along their Jewish journey. Radlett Reform Synagogue is the community for South Hertfordshire. FINANCIAL REVIEW Financial position fvlure plans The Trusteps reporl an overall profit fortheyear amounliru lo £84.070 (2020: £85.048). The principal Source of fundirb3 is subscription ncome, which deC￿aSed by 1.f4 (2020.. increased by 1.9%}. We are eonstantly endeavouring to maintain and idtrally improve our eollerfion rai•. h¢)wèvtr. as èxpeci*d tIN"s has btcomè more difficult during the Covid-19 year. Once again, a number of rnembers were unable lo pay their subscriptions in full during the year due to atherse personal ircum5tan¢es. The Synagogue's poliw for collecting subscriptions is ihal where we are made aware ol circumstances of financial difficu￿Y. we are as helpful as we can be. Most members pay their subscriptions ihrough Gift Aid. We are aware that members who are higher rate taxpayws eould recovef more lax than standard rate taxpayers. This gives rise to an afiomaly thal members. who might be presumed to be better off. end up paying lèss. We continue io address this anomaly by asking higher rate taxpayers to pay a subscription donation Ihat, after the recovery of lax. means that ihey and standard rate taxpayers pay ihe same net amount. At the 2021 AGM. it was re5dved that Nagler SimwwK•ns be reappointed audrlors on a fetrpawng bas15. Reserves The tru5tees' poli¢y 1$ to ulilise any reserves fty f￿￿e ¢ommrtments arKI proie¢is. whi¢h irn¢lude.' Work its the labri¢ of the building. lollowing the bLHldir¥J survey report. Cre￿￿ng a fund for I￿Ure trmjilding works." funding resources for our youlh clubs and Cheder. It is not the irustees. practice to keep maierial reserves. as this W￿1￿ impath on subscrioion levels and possibly have an adverse effect on membership numbeis. Shon-temi liquidity is monitofed on a monthty basis by the Treasurer and Finance Committee and Iseparalety) the Honorary Officers to ensure that potents.al cash-fiow issues are identified well in advance. The company had tolal reserves of £319.511 as al 31 December 202112020." £250.1381. Page 2 DLETf REFO RT F THE TRUSTEES ND mucTURE. GOVERNANCE AND MANAGEMENT Governing dO￿lMent The Synagogue 15 a company limited by guarantee wth Ihe company registration number 09271770 which is govemed by the Memorandum arKI Article5 on incorporation on 20th October 2014 as amended in General Meeting from time to time. Management of the Synagogue's affairs is vested in the Synagogue's Board and day-104ay management is delegated to the Honorary Officers. Each member of the Council is a trustee and director of the Charity. The trustees in 2021 are named on page 4. The Laws of the Synagogue govern appointmenl of truslees. Ordinarily, Injstees are elected at the Annual General Meeting ('AGMI. There is also poww to c¢Tropt members of Council. This enables the tru51ee5 to fill vacan¢ie$ arising through the resignation IN death ol an exisiiny trusiee. Council members receive an induction pack at the time of their election or ciwtion. including a summary of their responsibilities as trustees. Rlsk management The Council of the Synagogue is responsib￿ fof the managemeni of the risks faced by ihe SynagDgue. Detailed consideration of risks is delegated to the Honorary Officers. assisted by other Council members and members of staff. Risks are identified and assessed throughout Ihe year and controls are established lo manage the risks. A formal review of the Synagogue's risk managernenl pr￿e$S has continued during the year. and will remain under conts"nuous review. The Council of the Synagogue has adopted the following Risk Policy.. Tre Synagogue exists lo wovide religityJs. educaiional and social services for rts ft￿Mbets and ihe wider eommunrty. To avoid risk. it will carry out its aclNities in such a waythat.. It follows the moral and ethical principles of the Jewsh faith "11 conforms io all relevant legal requirements wrth regard to finance. taxation. employThent, health and safety . It ensures the financial resources of the Synagogue are adequate 10 provide ihe serrices li wishes io provide, and balances incorne and expenditure from yearlo year . It is managed in accordance with good pra￿•ce in tems of control. ddegaiion and auihority levels ' those involved in the managemenl of the Synagogue. whether volunleers or paid. understand their responsibilil¢es . It provides security for staff. volunteers. mwnbers and the physical assets of the Synagogue ' it ensures etsminuity of operation by pfowding ahemative arrangemerrts for maJN disa#ers. 'Ri5ks will be regularly reviewed and thetr impact assessed_ Where there is a high risk of occurrence and the impact is great. immediate auion will be iaken io eliminate the risk by taking appropriate steps, changing procedures or providing adequate saleguards. Where the risk is lower. action will be taken to reduce or Iran5fer Ihe risL lor example through insurance. If the risk is h￿h. but the likeliht>od is low, then a￿10￿ will be taken to avoid ri. Low risks with a low likelihood of occurrence will be accepted unless simple sleps can be laken to lower the risk. In all cases. the action to be taken will have regard to whether the steps taken and asxKAated cost are prorKMiionale lo Ihe risk and likelihwd of occurrence.. The key controls used by the Synagogue are_. - Regular meetings of C0￿ClI and Honorary Officers, with formal agendas and minLrt*s." - Detailed lerms of reference for Honorary Officers. Counol and sutrfrcommsttees: - Annual budgets and regular rnanagemenl accounts., - Formal written rdi¢ies Inc￿dIng athhortty limit& Through the risk managemeni wocesses established f￿ thè Synagoguè. the members of Council, as Tr￿￿ee$, are salisfied thal Ihe major risks identified have been adequ*ety mitigated where necessary or are in ihe wo¢ess of being mitigated. It is recognised that systems can only prowde feasonable but not absolute assurance thal major risks have been adtquately ￿entifIed and addressed. Page 3 RADLErr REFORM SYNAGOWE STRUCTURE, GOVERNANCE A￿1 klANAGEMEMT Safeguarding The Synagogue fully recognises Ihe responsibility and duty ￿aCed upon them to safeguard all members. The synagogue omotes ihe welfare of children and young people èfflru￿Qd to iheir ure. as well as vulnerable adults. The Synagogue ensurès ihai safeguarding pracrice refle￿$ statutory resp)nsibilrties, governmèni guidance and complies with besi pfaciice. Ml staff and volunteers have a full and actNe part in proteciing children and vulnerable aduhs from hami. All of our leaching slaff (both adult and teenage clas5roryn aswstanlsl receive ag￿apprOprIate formal safeguarding training which 15 repeated every three year5 but reviewed annually before the beginning of ihe academic year. All ol our age 16+ staff are DBS cleared before working with the childrèn. We have Safeguardin9 policies in place which cover children and vulnerable adults - these are rewewed every 3 yeais. Ow Designated Safeguarding Lèad {DSL) is currenlty Katie Adam& our Corrffiuntty Support Worker wilh Carol Green (Head of Primary Education. YoLrth arKI Families) as Deputy Saftgvarding Lead. All lead members have undertaken DSL training. REFERENCE AND ADMINISTrATIVE D￿Alls Registered Company number 09271770 (England and Wales) Reglstered Charlty nwnb•r 1161059 Re9iStered office I IB Watling Street Radlett Hertfordshirè WD7 7AA Twstees The trustees serving during the year were as follows_. Hon¢Yary Olfleers Kathryn Michael Samantha Davis David Brown Daniel Shabetai David Reissner Chair Honorary Seryetary Honorary Treasurer Head of Ritual (Appointed 17 June 20211 IAF%Jointed 17 June 20211 Council Irene Blaston Julian Burman Wayne Morris David Martin Phil Lyons Carol Green Richard Burn Sacha Wingard Laurence Turner Spencer Grani David Giossman Oliver Shafer {Appoirfed 17 June 20211 {Appointed 17 June 20211 {Resigned 17 June 2021) {Resigned 17 June 20211 {Resigne(117 June 20211 {Apw"nied 17 June 20211 (Resigned 14 ￿lY 20211 Auithtors Nagler Sirrrfnons Chartered Accounlanls aThJ Statutory Auditors S Beaumoni Gale Shenley Hill Radlett WD7 7AR Page 4 RADLErr REFORM SYNAGOGUE REP TH FOR THE YEAR ENDED 31ST DECEMBER 2 21 REFERENCE AND ADMINISTRATIVE ￿AlL$ Bankers Bardays Bank PLC 22-24 Upper IAarborough Road St. Albans AL1 3AL STATEMENT OF TRIISTEES. RESPOMSIBILMES The Trustees are responsible for preparing the Report of the Tnjstees and the financial statements in accordance with applicable law and United Kingdr￿n Accounting Siardards {United Kingdom Generally Accepled Accounling Principles). The law applicable to charities in England and Wales. the Charities A¢t 201 l. Charity IA¢¢ounis and Reports) Regulatrons 2008 and the provisions of the injsi deed requires ihe iDJStees to prepare financial siaiemenis for each financial year which give a Irue and fair view of the stale of affairs ol the charity and of the incoming resources and application of resources, including the income and expenditure. ol the charity for period_ In preparing those financial Statements the Trustees are required to-. a) sèlect sUrta￿e aeetsunting poliues and apptythem consistentty.. bl observe the methods and principles in the Charrty SORP. cl makejudgements and estimates thai are reasonable and pn￿en[ d) Prepa￿ the financial si*ements on ihe golng concem basis unles$ li 1$ inapwopriaie to presume ihat the ¢hafr(y will continue in operation. The Trustees are reswnsible for keeping proper accowrting rec(wds ¥thich disdose with reasonable accuracy at any time ihe financial position of thè eharity and to enable Ihtm io ensure that the financial statements eompty wtth Charities Acl 2011. the Charity (Accounts and RepM)rtsl Regulaiions 200B and the provisions of the trust deed. They are also responsible for safeguaiding the assets of ihe charrty and htnct for Izking reasonable steps for the prevention and deteclion of fraud and other I￿egul￿[lies. AUDITORS The auditors, Nagler simmc￿S. will be proposed for rtrapwintmeni at the forth¢oming Annual Genwal Meeiing. Approved by ordw of the btsard of trustees on 261h May 2022 and Signed on its behalf by.. D Brown- Trusiee Page S THE INDEPENDENT AUDITORS TO THE STEES OF Opirrio We have audited ihe finanual ￿ateMentS of Radlett Refom Synagogue Iihe 'eharitable company) far thè year ènded 31st December 2021 which compnse the Statemerrt of Financial Aciiwities. the Balance Sheet. the Cash Flow Staiemeni aThJ notes to the financial statements. including a summary of significant accounting policies. The financial reporting frarnework thai has been applied in their preparation is applicable law and United Kingdom Accolmting Standards {Uniled Kingdom Gèneralty A￿epted A¢¢txJnting Pra￿l¢e1. In our opinion the financial statements.. give a true and fair view of the state of ihe charitable company's affairs as al 31 st December 2021 and of its incOm￿g resources and application of resources. including rts income and e￿endituTe. forihe year then ended,. have been properly prepared in accordance wtth Vniled Kingdom Generally Accepted Accounting Practice,. and have bten prtpared in accordanee wrth the requireme1￿ of the Companies Aci 2006. Basis for opinion We conducted our audtl in accordance with Intemalional Standards on Auditing {UK) IISAS (UKI) and applicable law. Our responsibilities under Ih05e standard5 are further described in the Auditors, responsibilities for Ihe audil of ihe financial statements section of our report. We are independem of ihe charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibllrties in accordance wilh these requirements. We believe that the audit ewdence we have obtained is suth"cient and appropriate to pro￿de a basi5 for our opinion. Conclusions relating to going ¢oncem In auditing the linancial slatements. we have ¢(*￿I￿ded that the trustees. use of ihe going concern basis of account￿g In the preparation of ihe financlal siaiemeffls is appropriate. Based on the Y￿rk we have performed we have identified any mateiial uncertainlies relating to events or conditions that, individually or collectively. may cast signtficant doubt on the charitable company's ability to continue as a going concern for a period of at leasl twelve months from when the financial statements are authorised fN issue. Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the relevarl sections of ilws report. Other Inf¢miatlon The trustees are responsible lor the olher information. The other information comprises the information included in the Annual Report. otherihan the linancial statements and our Report of the Independent Audrtors there￿. Ou¥ opinion on ihe financol statements doe5 rKrt cover the other information arHI. excepl to the extent otherwise explicitly s1aied In our repoo we do not express any fomi of assurance condusion ihereon. In eonnection wr(h our audrt of the financial staiements, ow respOnsi￿"1￿Y is to read the ￿her infomiation and. in dolng so, consider whether Ihe olher inftyrnation is materially inconsistent with the financial statemen15 or our knowledge obtained in the audit or otherwise appears io be materially misstated. If we identify such material inconststencies or pparent material misstatements. we are required to determine whether Ihis gi￿$ rise to a material rnisslatement in the financial Siaiemènis themsèhfes. If. based on ¥¥ork we have performed. wtr ¢on¢lude that thtrÈ is a material misstatement of this other iTrfonnation, we are required to report that fact. We have nothing to report in this regard. Mattws w whleh w¢ ¥¢ re4ulred to r¢portby excepii We have nothing to report in respect of the following matters where the Charities {Accounts and Reports) Regulations 2008 requires us to report to you il, in our opinion.. the information given in ihe Report of ihe Twslees is wKonsi5tent in any material respect with the financial siatèments", or the charitable company has rt)t keFrt adequate aeeounting reeords: or the financial slatements are not in agreemem with 1he accounting ￿ordS and ￿tL￿ns.. or we have not received all the information and explanations we require for our audit. Responslbllltles of trustees As explained more fully in the Statement of Tntstees, Responsibilrties. the trustees {who are also the directors of the charitable company for the F4Jrposes of company lawl are responsible for the preparation of the financial stalements arKI for being satlsfie(I that they give a true and fair view. and for such inlernal control as the trustees determine is necessary lo enable the preparation of financial siatements ihat are free from matefial MIS￿atemeNt. whether due lo fraud or error. In preparing the financial statemenls. the Irustees are responsible for assessing Ihe char¥lable ccfflpany's ability lo continue as a going concem, disclosing, ès applicable. matters related to going eon¢em and using the gging concern basis of accounling unless the trustees erther ￿end to liquidate the chairtable c(M))pany of to cease operations. or have no realistic aliernaiive but to do so. Page 6 PENDETr￿ AUD￿ORs TO THE RADLETT REFORM SYNAGOGUE Our r•spons•bilities forth• awdit of the financial ststements We have been appointed as audrtor5 under Section 144 of the Charttles Act 2011 and report in accordance with the Act and relevant regulalions made or having effectihereunder. Our objectives are to obtain reaSon￿e a$sUrar￿ at￿ul tAhether the financial statements as a whole are free from material misstatement. whelher due to fraud or error. and to issue a Report of the Independent Auditors ihat includes our opinion. Reasonable assurance is a high level of assurance. but is nol a guarantee that an audil conducted in accordance with ISAS IUKI wll always ddect a material mi5Statemenl when r¢ exi5t5. Mis51alernents can arise from fraud or error and are consider*d m*erial il. individually oi in ihe aggre9￿*. they could reasonably be expected to influence the Èconomic decisions of users taken on ihe basis of these financial statements. The extent to which our procedures are capable of detecting iThegulaTrt￿* induding fraud is delailed below.. Exp[w￿lOn lo ¥Jh* exterf the 4￿111 eon$idtted ¢apable of dei¢¢ling irrè9darities, induding fraud The objectives of our audit in respect of fraud. are.. to identify and assess the risks of material misstatement of the financial slalements dve lo fraud. to oblain svfficienl appropriate audit evidence Tegarding the assessed risks of material misstatemeni due to fraud, through designing and implemenling appropriate responses to those assessed iisks," and to rèspond appropriately to instances of fraud or sUspe￿e￿ fraud identified during the a¢Jdil. However, the primary respk)nsibility fof the pfevention and detection of fraud fests with both management and those charged with goveTnanee of the comparry. Our approach was as follows= We obtained an understanding ol the legal and iegulatory requiiements applicable io ihe charitable company and considered that Ihe most significant are the Ccrfnpanies Act 2006. Charities Act 2011. International Financial Reporting Standards. ar￿ UK taxation legislation. We o￿ained an Under￿anding of how the ¢harrtable e¢ynpany complte$ these reqU1￿MeNtS by dis¢us$ion$ wr(h managerneni and those charged with govemance. We assessed the risk of m￿ella1 missi*emert of the fi.nancial staiements. indudlng the rosk of material misstatement due lo fraud and how it rn￿ht occur, by holding discussions with management and those tharged with govemance. We inq¢Jired of management and those charged with govemance as to ary known inslances of non