REGISTERED CHARITY NUMBER: 236663
Rewbrt of the Trustees and
Alldit￿ Financial Statements for the Year Ended 31 December 2023
for
South West E55ex and Settlement Reform
SyD#gogue
Prestons & Jacksons Partnership LLP
Stsiulory Auditors
364- 368 Cranbrwk Road
Ilford
Essex
JG2 6HY

South West E$sei and Setllement Reform
SyDagogu¢
Contents of the FinaDcial Statem¢ttts
lor the Year Ended 31 Deeember 2023
P*8e
Report of the TrM$lees
I to 6
Report orth¢ IDd¢pendent A•dl¢ors
St*tement of Fin*Delal Aetfvltks
10
St*temeD¢ ol Flnancknl P￿1110￿
Notes ¢0 tbe FiDIIDcial S¢#temtnts
12 10 24
Detall¢d st4lem¢Dt of Fln*ncl*l Actlvlt
25 10 26

South West Essei and Settlement Refonn
Synagogue
Report of the Trustees
for the Year Ended 31 December 2023
The trustees present their report with the fjnancial statements of the cbarity for the year end¢d
31 December 2023. The In￿1¢¢$ have adopied the provisions of Accounting and Reporting by Charities:
Statement of Recommended Practice applicabl¢ to charities preparing their a¢counts in a￿orda￿e with the
Financial Reporting st￿dard applicable in the UK and Republic of Ireland (FRS 102} (effective l January
2019).
P8ge I

Sovth Wat Essex and SettkmeDt Reforni
Synagogue
Report of the Trnstees
for the Ye*r Ended 31 D¢tembtr 2023
0￿￿CTIVEs AND ACllVITIES
Rtview ofaetivities during tbe year
2023 was a y¢ar of stabilising the charity and starting to plan for growth in membership numbers for
SWESRS. Its staff and members were involved in various activities. much of which supwrted other
SWESRS ￿ernbers, the I￿al and wider Jew'ish community and the wider local community. Below is a list of
some key activities in alphabetica] OTder'.
Adult Educ8¢ion: Activilies hav¢ included the Access to Judaism and Hebrew classes. The majority of these
s¢ssions were run via Zoom.
AHADA: The synagogu¢ ¢n¢ourages those who have Tecenily been bereaved to use the services of AHADA
Bereavement Counselling Service. AHADA also enwmp&sses Empathy Couns¢lling for those affected by
sepaNion and divorce.
Bnel Mltzvah Progr*mme: For our younger memb¢rs in xhool years 7 and 8 - supporting them and their
families through the process and education io be¢ome Bar or Bai Mitzvah at 131 Some of the young people
have used iheir knowledge and Hebrew skills lo help lead our Family Services. Several of our posi bar and
bat mitzvah students have gone on io be excellent peer meniots and help run ihe programme.
C*re4Cal*ts: Care4Calai$ ts 8 charity run by volunteers, delivering essential aid SUpp￿rt to refjJ8ees.
including those living in the UK. When asylum-seekers arrive in the UK, they are often hO￿d in large
hotels whilst waiting for their claims to be processed. An estimated 10.000 people are housed in 100 such
properties around the UK as ihe len￿hY backlo8 in &sylum processing and lack of suitsble housing
exa¢erbale$ the issue. Here at SWESRS, we support Care4Calai5 by opening our buildin8 to provide social
connection and mental wellness for refugees. C4re4Calais gathers 30 adults and many ¢hildren fTom three of
Ihe neorby hotels for sames and activities.
Care Team: A small bul caring l¢am of volunteers wrho a5SiSt with p￿tor8] support for some of our more
n¢¢dy cOn￿egants and, in some cases, non-member5 of SWESRS.
Cholr: The Choir sin8 al most Shabbal morning services other festivals. holding rehearsals on TuesdAy8.
They are looking to recruit more members.
ECAMPS: In partnership with other local, Progressive Masorti synagogues, SWESRS have been
involved with several joint ser¥i¢es and events such as Tu B'shvat Seder, Yom Hashoah, Shavuoi and Tisha
b'Av Servic¢ and more recently Friday Night Services.
Festlvils for F*mllles: Chanukah and Purtm were led by fantastic young family volwiteers who helped
bring in over a hundred families io Celebra￿ wilh us.
Masonle I￿ges. Sv￿SRs hosts local ma50ni¢ Ii>d8es.
NEMS: hold their fortnighily Shabbat morning and festival services in the Seminar R￿)M and hav¢ had a
couple of Bar Mitzvahs where they used SWESRS prayer hall for th¢m.
Passover Seder Serviee: SWESRS again held Communal Seder Services - th¢ first w&$ a family
friendly seryice and ilk second was a tr&diiional service.
Page 2

Sollth West K88ex 2nd Settltment Rtform
Synagogue
Report of the Trustees
for the Year Ended 31 December 2023
S¢bool Vuits: Again, a programm¢ of ￿h0o1 visits w&s put iog¢th¢r for th¢ 2023r24 academic yeor and 3
weeks were blocked out to h05t school visits - November, March, and June. By the end of 2023y just over
200 pupils. stsff and par¢nts had attended s¢$sions, with ai least 650 mor¢ ix)ok¢d for ihe following sessions.
Some schools asked for vislts by the Rabbini¢ t¢am which weTe accommodated where w￿1b1¢.
Servie¢s: With n¥0 futi-time rabbis, we have be¢n holding our regular Shabbat Moming S¢rvi¢es. We also
hold themed Shabbats. Kol Hamishpachot - Family Service& Musical Services, Erev Friday Nighi ser¥ices
and joini services with other ECAMPS ￿mmu1)it1t$ for vwious festivals. Almost all of these including our
High Holy Day services have been Tun as hybrid services from the synagogue building so that they can be
in-person and via Zwm. We also hold Weth￿SdaY evening worship, especially for ihose saying kaddish for a
loved one. This worship would not be possible without ihe dedicated wardening and technology teams. &%
well as our Choir memt*rs.
Strwtegle PIADDIDg: This is Itd by Sue Jack50n and ha5 conlinued building on previous years, work.
SWESRS So¢knl •lld Communlty Group: This group coniinues to offer a wide variery of in-person and
Zoom events for a wide-ranging audience.
Table Tennlj: A weekly tabl¢ lennis group meets at the sYna8og￿.
Tots Toys: A week]y gathering for toddlers has been held ai Clore Tikva Primary School on Friday
mornings and run through SWESRS. Average attendance is around ten parents with little ones. Each
morning end$ with a practice Shabbal, complete with Bim Bam and challah. Thank you to Laura Davis and
Samantha Bendon for helping lead these experie￿¢5.
TMtJd4y Lmneh Club: Lunches are held approx. 18 weeks a year with a speaker/entet1ainer programme
organised for the Community's senior m¢mb¢TS - this is open to the wider community and SWESRS
members. This is highly popular with the numbers some weeks reachin8 over 60 and advanced booking is
essentiall
U3A: U3A (University of the Third Age) is a UK movement of retired and semi-retired people who come
together to continue educational. social and creative interests in a friendly and inforn)al environment. U3A
grovps have met and used SWESRS facilities for many years providing activiiies for SWESRS members
and many others from the wider Redbridge community and Iwond. They ar¢ steadily incre￿Ing Ihe
a¢tivilies ihey offer having moved almosi all iheir Redbridge U3A wups lo Oaks Lane.
Public Benefi¢
Th¢ Trust¢es confinn th41 th¢y have complied with lh¢ diity in $￿tion 4 of ihe Charities A¢1 2011 lo have
due regard to public benefil guidance published by the Commission in deterniining the activities undertaken
by the Charily.
Page 3

South West Essex and Settlement Refor
Synagogut
Report of the Trustees
for the Ye4r Ended 31 Detember 2023
FINANCIAL REVIEW
Financial Position
The board of trustees is satisfied that the charity's assets in each fund are 4v8ilable and adequate to fvlfil its
obligations in respect of each fund.
The financial statements have been prepared implem¢nling the Charities Act 2011 and the Charities
Finan¢ial Reportin8 Standard SORP FRS 102. As stated in the introdu¢tion io this report. the trustees
consider th¢ financial performance of the charity during the year to have been satisfactory.
The Statement of Financial Activities shows in¢oming resources for the year of £408.248 (2022.. £417,335)
and outgoing resources of £374.607 (2022: £370,286), making a net overnll sLtrplus of £33.64] (2022:
£47.049). Unrestricted funds amounted 10 £3,241,557 {2022.. £3210.276) while restricted funds amounted to
£98.194 (2022.. £95.834). Total reserves carried forward as at 31 December 2023 were £3.339.751 (2022:
£3,306,110).
STRucfuRL GOVERNANCE AND MANAGEMENr
Gover￿1￿$ do¢umeDt
The charity is controlled by its goveming document. a deed of trust and constiiules an unin¢orporat¢d
charity.
REFERENCE AND ADMINisfRATIVE DETAILS
ReglJl¢red CbArlty numb¢r
236663
Prln¢lp•l Addre
Oaks Lane
Newbury Park
Ilford
Essex
IG2 7PL
Page 4

South West Essex and Settlemettt Reforni
Synagogue
Report of the Trustees
for the Year Ended 31 December 2023
Truytees
Ptrm*Dent Trustees
The pernian¢nl trustees are Farrel Igielman, R￿h Cann and Karen Janice Dalton. The pernianent trustees
have the power to vest property on behalf of th¢ synagogue ar￿ are the only trustees who can. for example,
sign le￿eS with i¢nant$ on beholf of South West Essex & Settlemeni Reforni SynaBogue.
Elected Trust¢eJ •J of 31 D¢¢ember 2023
Lee Goldsmith
David Lawson
Paul Flanagan
Claire Hartley
Farrel Igielman
Ruth Konzon
Steve Robbins
Robert Young
Raina Dalton (sadly passed away 21 February 2024)
Preildent as of 31 December 2023
Valerie Garnelas
Llfe Vlee PreJld¢Dts •$ of 31 D¢¢ember 2023
Sheila Chiat
Evelyn Dalton (Trustee)
BernArd Davis
Lucille Leaf
Hugh Noble
officer￿￿8¢¢¢1 ￿ of 31 De¢ember 2023
Lester Allen (Chair)
Mi¢hael Dalton (Vice Chair)
Sue Jackson {Hon. Secretary)
Sue T¢rpilowski (H(rfJ. Tr¢asurer)
Audl¢ors
Prestons & jackso￿ Partnership LLP
stat￿Ory Auditors
364 - 368 Crdnbrook Road
Ilford
Essex
IG2 6HY
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are reS￿nSIble for preparing ihe Report of the TTU5tees and the financia] statements in
a¢cord&nce with applicable law and United Kingdom A￿O￿nting Siandards (Uniied Kingdom Generally
Accepted Accounting Practice) including Financial ReF￿Ing Siandard 102 "The Financial Reporting
Siat)dard applicable in the UK and Republic of Ireland".
Page 5

South West Essex and SettlemeDt Reform
SyDagogue
Report of the Trnstees
for the Year Ended 31 December 2023
STATEMEiYf OF TRU￿EEs, RESPONSIBJLITtES- ¢ontiDDed
The law applicable to ¢lwities in Engjand and Wales, the Charities Act 2011. Charity (Accounts and
Rep)rts) Regulations 2008 and the provisions of the tr￿1 deed requires the trustees to prepare financial
slatements for each financial year which wv¢ a tTue aThJ fair view of the state of affairs of the charity and of
the in¢omin8 resources and application of resources, including the income and expenditure. of th¢ charity for
that period. In preparing those fllwKiai slatements, Ihe trustees 4r¢ r¢quir¢d to
selecl suitable ac¢ouniing policies and then apply them consistenity.
obs¢rv¢ ihe methods and principles in the Chariiy SORP.
tnake judgements and estimai¢s that are re￿nable and Prudent.
prepare the financial statements on the 80in8 concern basis unless it 15 inappmpriate to presume the
charity will conlinue in business.
The trustee5 are responsibl¢ for kttpin8 pfoFcr accounting r¢¢ords which disclose with reasonable accuracy
ai any time ihe financial position of the chariry and io enable them to ensure ih41 th¢ financial statements
comply with ihe Chorities Act 2011. the Chariiy (Accounts and Reports) Regulations 2008 and th¢
provisions of th¢ trust deed. They are also r¢spon$ible for safeguarding the assets of lh¢ charity and hence
for taking re&50nable steps for th¢ prevenlion and delection of fraud aTrJ other irre8ularities.
14 July 2024
Approved by order of the IM)ard of trustees on ....................................
. and Si￿ed on its behalf by:
Trustee - Sue Terylow8ki
Page 6

Report of the Independent Auditors to the Trnstee5 of
South West Essei and SettlemeDI RefonD
SyDagogue
OpinioD
We have audiled the financial ststements of South West Essex and Settlement Reforni Synagogue (the
'¢harity') for ih¢ year ended 31 D¢¢¢mber 2023 whi¢h comprise the s￿ement of Financial Aclivilies, th¢
Statement of Financial Position and notes to the financial statements. including a summary of stgnificant
accouniing poli¢i¢$. The financial reporting framework thai has E*en applied in their preparation is
applicable law and United Kingdom Accountillg Siandards (United Kingdom Generally Accepted
A¢¢ounling Pracii¢e), in¢ludin8 Fina￿lat RerK)rting Standard 102 Tr Financial Reporting Standard
applicabl¢ in th¢ UK and Republic of Ireland..
In our opinion the financial slatements:
give a true and fatr view of ihe state of the Charity's affairs as at 31 December 2023 4nd of its incoming
resourc¢$ and application of resources. for the year then ended;
have been properly prepared in a¢¢ordance wilh Uniied Kingdom Genernlly Acceoed A￿oUnting
Praclice, including Financia] Reporting Standard 102 Tr FiDan¢ial Reporting Siandard applicable in the
UK and Republic of Ireland,; and
have been pr¢pared in a¢¢ordance with the r¢quir¢menis of the Charities Act 2011.
B*81s for oplDIott
We conducted our audil in accordance with International Siandards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibiliiies under those 5thndards are further described in the Auditors,
resporL8ibilities for the audit of the financial statements section of our r¢pori. We are Independent ol the
charity in accordance wilh the ethical requirements ihat are relevant lo our audii of the financial staiemenls
in ihe UK, including the FRC'S Ethical Standard, and we have fvlfilled our oih¢r ethical ￿spO￿81bIlit]eS in
accordance with these requirements. We believe the audil evidence we have obtained 15 su￿1clent and
appropriate lo pmvide a b￿15 for our opinion.
Conelu$lon$ relxtlog to goln8 ¢on¢¢r#
In auditing the financial slatements. we have CO￿lUded that the trwltts, use of th¢ going concern basis of
accountin8 in the preparaiion of the financial staiements is appropriate.
Based on the work we have perfornied. we have not identified 8ny ma*rial unceM8inties relating to events or
conditions that, individually or collectively, may clst significant doubt on th¢ chariry's ability to continue as
a going concem for a period of ￿ leasi ￿e1Ve months from when ihe financial stslements are auihorised for
Issue.
Ckn responsibilities and the responsibilities of the tr￿stees with re5￿cl to going wnc¢rn 8T¢ described in the
relevani sections of this report.
Otber iDform*lioD
The Irusle¢s ar¢ r¢sponsibl¢ for the other infomiation. The other infornlation comprises the inforn)alion
included in the Armual Report, other than the financial stslements and our Report of the Independent
Auditors th¢reon.
Our opinion on the financial statements does not cov¢r th¢ other inforn)ation and. ex¢¢pl lo the extent
otherwise expliciily stthted in our reFx)rL we do not express any form of assurance conclusion thereon.
In connection with our audil of the financial slatements. our responsibility is to Tead the other information
and. in doing so. COTLsider whether the other infonnalion is materially inconsistent with the financial
statements or our knowledge o￿alA¢d in th¢ audil or otherwise appears lo be materia]ly mi5Stated. If we
identify such material inconsistencies or apparent material misstatements. we are required to detern]ine
whether ihis gives rise lo a material misstatemeni in th¢ finan¢ial St￿ementS themselves. If. based on the
work we have perfomied. we conclude that there is a material misstalement of this other inforniation. we are
required to report fa¢t. We have nothing io rel￿ in this regard.
Page 7

Report of the Independent Auditors to the Trustees of
South West Essex and Settlement Reform
Synagogue
Matters on whieb wt are required to report by exeeption
We have nothing to Trport in resp¢¢t of the following matt¢TS wher¢ the Charities (Accounts and Rel￿)
Regulations 2008 requires LLS to report to you if. in our opinion:
the infomjation given in the Rel￿ of the Tn￿lee$ is I￿Or￿)Stent in any molerial respect with th¢
financial statements. or
suffi¢ienl a¢¢ounting r¢¢ords have not been kept. or
the financial statem¢nts are not in agreement with the accounling records and returns. or
we have not received all the inforn)alion and explanations we require for our audil.
Responsibilities of trusltts
As explained more fully in ihe Stwwn¢nt of Tn￿ttts, R¢sw)nsibiliti¢s. th¢ inLSt¢¢s or¢ T¢sponsible for the
preparation of the financial slatemenls which give a true and fair view. and for such internal ¢ontrol the
trU51e¢s detemiine is ne¢essary to enable the preparation or f￿4￿181 $thiements ih81 are fr¢e from material
misstatemenL whether due lo frdud or error.
In preparing ihe financial statemen15. the In￿lee5 are responsible for assessing the charity's ability to
continue &q a goin8 ¢on¢¢rn, disclosin& as applicable. matters r¢lated to going concern and using the going
concern basis of accounting unless the tntsiees either inlend io liquidaie the charity or lo ce4se operations. or
have no reali$li¢ aliernalive bui trj do 30.
Our reJponilbUltieJ for the #udlt Oftht Iln*o¢l*l #tstemeDts
W¢ hav¢ be¢n appointed Is a￿lItorS under Section 144 of the Charilies Act 2011 and report in a¢¢ordance
with ihe Act and releV￿t regul￿10n$ made or havin8 effe¢1 tlweunder.
OUT objectives are io obtain reasonable assurance aboui whether the financial sthiem¢nls &s a whole are free
from material misstatement, whether due to fraud or error, and io issue a Report of the Independeni Auditors
that in¢lude5 our opinion. Reasonable &ssurance is a high level of ￿sur#ll¢¢, but is not a guarantee that an
audit conducted in accordance with ISAS {UK) will always detect a materia] rnisstatemenl when il exists.
Misstaiemenls Can arise from fraud or error and ore ¢onsider¢d mwerial if, individually or in the ag8Tegate,
they could reasonably be expected io influence the ecL)nomic decisions of users iaken on the b&sis of these
financial staiements.
We obtained an und¢rs¢8nding of ihe legal and re8ulatory framework applicable to the enlity and how the
entity is complying with that fTamework by discussing with man&gernent and Checking compliance with
regulators.
A further description of our responsibilities for the audit of the financial stalemenls is located on the
Financial Reporting Court¢il's website at www.frc.or8.ukjaudiiorsresponsibilitie$. This description forni$
part of our Report of the Independent Auditor5.
Page 8

Report of the IDdep¢ndeDt Auditors to the Trustees of
South West Essex and Settlement Reforni
Synagogue
Use of our report
This report is made solely to th¢ charitys trustees as a body. in ac￿rdanCe with Part 4 of the Charities
(Accounts and R¢p)rts) Regulations 2008. OUT audit Work has been undertaken so that we mi
ght stste to th¢
charitys trustees those matters we ore required io slate to them in an auditors, report and for no other
purpos¢. To the fvllest ¢xtent permitted by law, w¢ do not accepi or assume r¢sponsibility to anyone oth¢T
than the Charity and the charitys trn￿etS as a Ix)dy. for our audit work for this repor4 or for the opinions we
Pr¢ston5 & Jacksons Partnership LLP
Statutory Auditors
364 - 368 Cranbrook Road
Ilford
Essex
IG2 6HY
Dat¢:.....-..
Page 9

South West Esw and SettkmeDt Reforni
Synagogue
Statement of FiDaDcial Activities
for the Year Ended 31 Deeember 2023
31112123
Total
funds
31112122
Total
funds
Unrestrlcted Re5tri¢*d
fund
fund
Notes
INCOME AI¥D EI¥DOWMENTS FROM
tlonalions and legacies
336252
19.905
3S157
341,921
Other trading activities
Investment income
Other income
153
51,938
153
51,938
130
52,987
22,297
Total
19,905
408248
417,335
EXPENDITURE ON
Raising funds
176J33
176J33
210.728
ChArlt*ble *c¢Svl¢l
Chariiable activilies
186J79
11.89S
198374
159.558
Tot*1
362.712
374,(J07
370,286
NE7 INCOME
Transfern be¢w¢¢n fundi
25.631
$650
&oio
(5,650)
33,641
47,049
18
Net movement In
31381
2J60
33,641
47.049
RECONCILIATION OF FUNDS
Total funds brought forward
3210276
95W4 3,306,110
3,259.061
TOTAL FUNDS CARRIED FORWARD
3341J57
9&194
3J39,7SI
3,306.110
The notes forn] part of these fmancial statemet
Page 10

So•th West EJ•¢x and Settkment Reforn
Ststemenl of Financial P03itio•
31 Dethnber 2023
31112123 311IY22
FIXED A&SETS
Jntangible Ltsets
Tangtble u¥¢ts
915
2,956J03
14
1961,521
4957218
2.962,665
CURRE￿ A&SETS
D¢btors
Cosh ot bank and in hand
Is
26,719
384A74
73.842
319.673
411.193
393,515
CREDrroRS
Amounts falling due within 4Me yer
16
(S0.Q70)
NET CURR￿ ASSETS
382J33
343,445
LIABIL￿1￿9
3J39.751
3,306,110
3J39,75A
3,306,110
18
Unrestridtyj fimds
Restricied fvnds
3241A57
9&194
3,210276
95.834
TOTAL FUNDS
3J39,751
3,306,110
Tr rinan¢ial ststem¢nts *pwo¥ed by B(wd of Tru8tr¢s •nd wthorised for issue on
1.41Q.71.Q24.... .
and were $i￿d on its behalf by..
Tn]sl¢c - Sue Te￿1h)Y￿kl
Trustee - Lestor Allen
The notr4 forni prt of these financial 8tatem
P•ge li

South W¢qt Essex and Settlement Reform
Synagogpe
Notes to the Financial Statements
for the Year Ended 3] December 2023
AccouiYfiNc POiJClLS
Basis of preparing the Iln*D¢l*l s¢*tements
The finan¢ial siaiemenl$ of the charity, which is a public benefit entlty under FRS 102, have been
prepared in accordance with the Chariiies SORP (FRS 102) 'Ac¢ounling and Reporting by Charities..
Sialemeni of Re¢omm¢nd¢d Practice applicable to charities preparing their accounts in a¢cordance
wilh the Financial Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effeciive l January 20191,, Financial Reporting Standard 102 The Financial Reporting Siandard
applicable in the UK and Republi¢ of Jr¢land' and lh¢ Charili¢s Act 2011. The financial ￿ateMentS
have been prepared und¢r th¢ hi$tori¢al cost convention.
Going concern
The Board of Truslees have reasonable expectation that the Synagogue has sufficient reserves,
ongoing membeTship $ubs¢ripiions and good tenants lo continue in operationa] existence for the
foreseeable future. li is for thi$ reason Ihe accounts have been prepared on a going concern basis.
IDcome
All income is re¢ognis¢d in the Siatement of Financial Activities once ihe charity has entitlemenl to
the funds. it is probable that the income will be received and the amount un b¢ Me￿ured reli8bly.
ExpeDditur¢
Liabilities are re¢ognised as expendiiure as soon as ihere is a legal or constrnclive obligation
commilling the charity to that expenditure, it is probable thal a Iransfer of economi¢ benefits will
required in selllemenl and the amount of ihe obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been elassified under h¢adin8s thai aggregate all cost
related to the ¢ategory. Where costs ¢annot be direclly attributed io particular headings they have
been all￿at¢d lo activities on a basis consistent with the use of resources.
ChArlt*ble A¢tivltles
Expenditure is accounted for on an 4c¢ruals b&si$ ond b¢en ¢I￿SIfied under heudings that
aggregate all cosis related lo that category. Where costs cannot be directly attributed to particular
headings they have been alloc￿ed to activities on a basis ￿nsIstent with th¢ ofresources.
Religious books are written off in the year of purch￿.
Rellglois Artefaets
The synagogue ha5 a number of religio￿% art¢facts which are shown as religious appurtenan¢e5 in note
14. fixed assets at residual value. The insuronce value of these religious art¢facts are reviewed
annually.
Tangible fjxed assets
Depre¢iaiion is provided at the following annual ra*s in order ￿ wriie off each assel over its
estimated useful life.
Freehold property
S¢¢urity, fencing and lighting
Religious appurtenances
Fixtures and fittings
Compirter equipment
not provided
IOY• on cost
not provided
20Y• on reducing balar
21f/• on reducing bo1onc¢
Pag¢ 12
continued...

South West Essei and Settlement Reform
Synagogue
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
ACCOUNTING POLICIES- CODtlnue41
Tangible fixed I￿*ts
Freehold property is not depreciaied as ihe tr￿￿e¢S consider its useful lif¢ to be in excess of100 years
and the depreciaiion charge is iher¢for¢ ¢onsid¢red to be immateTial.
Tangible fixed assets ￿e capiialised at cost or revaluation basis Icss accumulated depreci￿10n and
any accumulated impairnlent losses. Historical CO￿ In¢l￿e$ expendiiure directly attributable to
bringing the assel to the l(Kaiion 4nd condition n¢¢¢ssary for it to be capable of operating in th¢
manner intended.
TaxatlOD
The charity is exempt from lax on its charitable aclivitie5.
Fund 8eeouDtlng
Utwe5tricted funds can be used in accordance with the charitable objectives ai ihc discretion of the
trustees.
Restricted funds can only be used for particular restricted purw)5es within the objttts of the charity.
Re51rictions arise when specified by the donor or when funds are raised for particular Testricled
Furthu eXpla[￿l10n of the nature and purpose of each fiuKI is included in the notes io the financial
stalemenis.
DONATIONS AND LEGACIES
31112123
31112122
Subscriptions
Donations
Gift aid
Legaci¢s
269J25
42,957
43,860
15
253.695
27,046
42.394
18.786
356,157
341,921
Page 13
continued...

South West Essex and Settkment R¢forni
Synagogue
Notes to the Finanei21 Statements- eontinyed
for the Year Ended 31 Deeember 2023
OTHER TIL4DING ACTIVITIES
31112123
31112122
Fundrnising events
153
130
INVESTMENT INCOME
31112123
31112122
Reni and selvice charges Teceivable
Deposit a¢¢ount interesl
50,741
1,197
52,864
123
51.938
52.987
IL4ISING FUNDS
R*lJlni doJb*tlow #Md legw¢les
31112r23
31112122
Premises upkeep
Office costs
Finance costs
Affiliation fees- RJ
Sundries
Office sthff cosis
Depreciation
Burial ¢o$ts- JJBS
Auditors remuneration
Professional fees
A¢¢ountan¢y
44313
9,268
2,122
33,629
3.912
71.572
10.179
(6,528)
25.686
8,141
1,686
33,776
1,206
72,414
11,300
49,052
5.250
.210
1.007
lJ77
1?37
176J33
210,728
Page 14
continued...

South West Essei and SettlemeDt Reform
Synagoglle
Iyotes to the FiDancial Statements- Continued
for the Year Ended 31 December 2023
CHARITABLE ACTIVITIES cosrs
Direcl
Costs (s¢¢
note 7)
Support
costs (see
note 8)
Totals
Charitable activiti¢s
154J57
43.917
198274
DIRE￿ COSTS OF CHARITABLE A￿1VITIEs
31112123
31112r22
Staff costs
Religious services
High holy day ￿$t3
Security costs
Education yO￿h & aduh study
124,918
4389
101.714
5.086
21
14.779
1,431
23,150
134J57
123,031
SUPPORT COSTS
Charilable ￿liVItieS
43,917
Support costs. included in the above, are as follows:
31112n3
Charitable
activilies
31112122
Total
activities
Caretskers and cleaners
Telephone
Printing, postage & stationery
Hire of office equipment
High holy day appeal
Jack Pelchey award scheme
B'nei Torah scheme
General refurbishment fund
Educaiion and youth
S¢f¢r Torah repair fund
T¢¢hnolo&y app¢al
Car park reserve fund
Community and youth
23372
3.872
4,702
176
4,907
2312
23,418
3A92
4339
30
100
176
309
3,400
495
4JlO
43,917
36,527
Page 15
continued...

South Wo8t Essex and Settlement Reform
Synagogue
Notes to the Financial StatemeDts - continued
for the Year Ended 31 December 2023
TRUSTEES. REMUNERATION AND BENEFrrs
Th¢r¢ w¢r¢ no irustees, remuneration or other benefits for the year ended 31 December 2023 nor for
the year ended 31 December 2022.
Volun¢eer8
The charity is dependent on the voluntary work of the tr￿8¢¢¢$ in ￿MinISte￿ng its funds and many
other aspects of Synagogue working. As this WO￿ has DO quantifiable vatue. this is nol re¢op)ised in
the financial statements.
Trus¢e¢s' expenses
There were no trU￿ees. expenses paid for the year ended 31 t)e¢ember 2023 nor for the year ended
31 December 2022.
10. STAFF COSTS
31112123
31112122
Wages and sa]aries
196.587
171.302
196,587
171,302
Th¢ avernge monthly numb¢r of employ¢¢s during the year was as follows:
31112n3
31112122
Ministerial
Adminisirativ¢
Education and youth
Other
10
The numb¢r of employees whose employee benefits (excluding employer pension costs) exceeded
£60,Iy)O was..
31112123
31112122
£60.001- £70,01)0
Pag¢ 16
continued...

South West Esstx And Settlement Reform
Synagoglle
Notes to the Financial Ststements- continued
for the Year Endtd 31 De¢ember 2023
AJ. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVIT￿ 31 DECEMBER
2022
Unrcstrictcd Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
332,866
9.055
341,921
Other trading activities
Inv¢simenl income
her incom¢
130
52.987
22.297
130
52,987
22,297
Total
408.280
9.055
417,335
EXPENDITURE ON
Raising funds
210,728
210,728
Ch)irit*ble *¢ifvliies
Charitable aclivities
155.044
4.514
159.558
Total
365.772
4,514
370,286
NET INCOME
42,508
4.541
47,049
RECONCILIATION OF FUNDS
Total funds broughi forward
3,167.768
91293
3.259.061
TOTAL FUNDS CARRIED
FORWARD
3,210276
95,834
3.306.110
12. KEY MANAGEMENT PERSONI¥EL
Th¢ ITUStees consider themselves lo be the key maw¢nt personnel An accordance with the
Synagogue's corLStitution.
Page 17
continued...

South West Essex and Set¢l¢m¢Dt Relorni
Synagogue
Notes to the Financial Statements- CODtiDued
for the Year Ended 31 DeCem￿r 2023
13. INTANGIBLE FIXED ASSETS
Website
COST
At l January 2023 and
31 December 2023
4,767
AMORTISATION
At l January 2023
Charge for year
3,623
229
At 31 December 2023
3,852
NET BOOK VALUE
Ai 31 tk¢¢mb¢r 2023
915
Ai 31 tk¢¢mber 2022
1,144
14. TANGIBLE FIXED ASSETS
Security,
fencing
and
Religious
li8htin8 apput1cnances
Freehold
property
cosr
Al l January 2023
Additions
2.91)O,IMIO
43￿59
7.535
At 31 December 2023
2,900,IMM>
43J59
7￿35
DEPRECIATION
At l January 2023
Charge for year
43,559
3,989
At 31 De¢emb¢r 2023
43J59
3,989
NET BOOK VALUE
At 31 December 2023
2.900,iKIO
3¥6
At 31 December 2022
2,900,(
3,546
Page 18
continued...

South West Essex and Settlement Reform
Synagogue
Notes to tb¢ Finan¢i*l StatemeDts- continued
for the Year Ended 31 December 2023
14. TANGIBLE FIXED ASSETS- collthiued
Fixtures Anniversary
and
Torah
fittings
Scroll
Computer
equipment
Totals
COST
At l January 2023
Additions
119,607
4,732
24,0(K)
11,468
3,106,169
4,732
Ai 31 December 2023
124J39
24,IMIO
11,468
3.110,901
DEPRECIATION
Ai i January 2023
Charge for year
80.170
8JJ4
6240
10,690
156
144,648
9,950
At 31 December 2023
89,004
72
10.846
154,598
NET BOOK VALUE
At 31 D¢¢ember 2023
35J35
16.800
622
2,956,303
Ai 31 December 2022
39,437
17,760
778
2,961.521
We have changed the basis of our accounting poli¢y and hav¢ now moved to a valuations basis for ihe
freehold properry. The buildings were lasi professionally valued by B Bailey & Co Lid Chartered
Surveyors and ValueTS on 2 July 2018. The valuation was based on the cost of acquiring a similar
property. as there is a r¢striciive covenani in place on the land. The historical cost of the freehold
property was £945,669 with hisioric depreciation of £148,IX)2. The Trustees are of the opinion that
the valuation above fairly r¢fl¢¢ts th¢ Current market value of the buildings. The buildings used by the
charity have noi been depreciated as ihe trustees consider their useful life lo be in excess of 100 years
and the depreciation ch8r8¢ is therefore considered to be immaterial. The freehold property is stated at
fair value.
IS. DEBTORS: AMOUNTS FALLtNG DUE WITHIN ONE YEAR
31112123
31112122
Trade debtors
Cther d¢btors
Prepayments and accnThl income
14272
10,999
1,448
20.657
51,914
1,271
2A7J9
73,842
Page 19
continued...

South West L8sei and Settlement Reforni
Synagogue
Notes to the Financial Statements- ¢ontinued
for the Year Ended 31 December 2023
16. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
31112123
31112122
Trad¢ Creditors
Taxation and social ￿UrIty
Other creditors
3228
25.425
1,833
22,812
25,432
2&660
50,070
Colltthgent Liability
There is a ¢onting¢nt liability to Reforn) Judaism (RJ) for 2023 in the sum of £54.905 (2022.. 54.905)
which would crystalli5e should the Synagogue leave ihe Movement for Refom Judaism.
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
31112ll3
Totsl
funds
31112122
Total
funds
Unrestricted Restricted
fund
fund
Fixed assets
Current assets
Current liabilities
2.957318
312,999
(2&660)
2,957,218
411,193
(2&660)
2.962.665
393,S15
(50,070)
9&194
3241J57
9&194
3J39,751
3,306,110
I& MOVEMENT IN FUNDS
Net
TTansf¢rs
movcmcnt between
in funds
funds
At
31112123
At i/1r23
Unr¢Jtrkted funds
General fund
33111276
25,63]
5,650
3241,557
Restricted funds
Reslricled Funds
8.010
(5.650)
9&194
TOTAL FUNDS
3JO&IIO
33,641
3J39,751
Page 20
continued...

South West Essex and SettlemeDt Reform
Synagogue
Notes to the Finaneial Stat¢ments- eontinued
for the Year Ended 31 December 2023
J& MOVEMENT IN FUNDS- ¢oM¢inued
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended
in funds
UDrestricted funds
Genernl fund
388J43
(362.712)
25,631
Re8tri¢ted funds
Restricted Funds
19.905
{11,895)
oio
TOTAL FUNDS
408248
(374,607)
33,641
Comp*ratives for movement ID fundi
Net
movement
in fund5
Ai
31112122
At 111122
Unrestricted funds
General furkd
3,167,768
42,508
3.210.276
Reslrle¢ed fundj
R¢stricl¢d Funds
91293
4J41
95,834
TOTAL FUNDS
3259.061
47,049
3,306.110
CompaTative nel n]ovement in fund& included in the above as follows:
Jn¢oming ReSOu￿¢S Movement
resources
expended
in funds
UnTe$tricted fuDds
General fund
408280
(365,772)
42.508
Restricted funds
Restri¢t¢d Funds
9.055
(4.514)
4.541
TOTAL FUNDS
417,335
(370,286)
47.049
Page 21
continued...

South Wesi Essex Vdnd Settkm¢nt Reforni
SyDagogue
Notes to the Finan¢l41 Statements- eoDtinued
for the Year Ended 31 Decembtr 2023
18. MOVEMEiYf IN FUNDS- eontlnued
At 01101123 Ne¢ movements Transferj Al 31112ll3
Unr¢3trkt¢d fun
General fund
Legaci¢s and bequ¢stS
Revaluation reseTve
1211089
25.616
15
(13,136)
18.786
1224.569
19,801
1.997,187
1,997,187
3310276
25,631
5,650
3241,557
Restrieled funds
Special burial fwid
Charitable trust fund
Bluementhal prize fund
Krasnador fund
B'nel Torah scheme
Education and youth
High holy day appeal
tsrael action group
Building fund
Community and youth
Jack Pet¢hey award s¢h¢me
S¢fer Torah repair furHI
Hurry Jassby grave maintenance
fund
Handrails prayer hall fLmd
General refurbishment fund
Car park re$erve furkd
Miriam Landsman pri￿ fwjd
Library fund
31.890
417
490
245
6.935
31,890
417
490
245
6,935
2,397
37,848
625
2,387
.554
12,244
25.604
625
2.363
4.510
6.962
1236
24
(4,510)
(1.312)
(5.650)
.236
210
3.929
210
3.929
(90)
5.OlXI
4.485
4.485
&oio
(5,650)
98,194
TOTAL FUNDS
3J06,110
33,641
3J39.751
Page 22
continued...

South West Essex and Settlement Reforni
Synagogue
Notes to the Financial Statements- continued
for the Year Ended 31 December 2023
18. MOVEMEiYf IN FUNDS- totttlnutd
Nel movement in f￿￿ts, included in the above as follows:
31112r23
Incoming
resources
31112ll3
31112n3
Resollrees
txpended
MovemtDt
in funds
Unrestrlcted funds
General funds
Legacies and bequests
388.328
15
(362,712)
25.616
15
{362.712)
25,631
R¢stri¢t¢d fuDdJ
High holy day appeal
J8¢k P¢tch¢y award scheme
Education and youth
Building fund
General refurbishment fund
Car park reserve fund
Community and Youth
17,151
(4,907)
(2,212)
(176)
12,244
(1.312)
,554
24
.730
24
{90)
(4,510)
(90)
(4,510)
19,905
(11,895)
8,010
TOTAL MOVEMENT OF FUNDS
408348
{374,607)
33,641
Res¢rl¢ted fujbds
Restricted funds are funds dona*d or sth L8ide for specific educational or religious projects such as
Harry Jassby grave mainienance fund or Sefer TorAh repair fund. Special burial fund repT¢s¢nts
payments of oveTage fees by members. to be utilised at their future burial.
High holy day appeal fund comprises donatio￿ from the membership. for the annual appeal for
specific selected charities.
Pag¢ 23
continued...

South West Erysex ¥nd S¢ttlerneDt Reform
Synagogue
Notes to the Financial Statements- Continued
for the Year Ended 31 December 2023
19. RELATED PARTY DISCIA)SURLS
The synagogue is a Constituent member of the Movement for Reforni Judaism. for which it pays a
embership le￿. The lely due for 2023 was £33,629 (2022.. 33,776) of which ii owed th¢ Movement
£1,959 as at 31 December 2023 (2022: £1.959).
The synagogue has eniered into a contract with the Jewish Joint Burial Society. The synagogue
collects burial f¢¢s from its members and pays these to the Burial Society. In return. the Buria]
Society PTovides 8 comprehensive funernl *rvI￿$.
Page 24

South Wesl Essex and Settkment Refonn
Synagogue
Detailed Statement of Financial Activit
for the Year Ended 31 December 2023
31112123
31112122
INCOME AND ENDOWMENrs
DoM•ti0ths abd kgaeiej
Subscriptions
Donations
Gift aid
Legacies
269J25
42.957
43,860
15
253,695
27,046
42.394
18.786
356,157
341.921
Other tradlng a¢¢lvlile8
Fundraising events
153
130
Investment Income
Rent nnd service charges receivable
Deposit ￿Count interest
50,741
1,197
52,864
123
51,938
52.987
Other IDeome
Insuranc¢ ¢laim proceeds
22,297
Total Ineomln8 resoir¢es
408248
417.335
EXPENDITURE
Rai5iDg donations and legacles
Premises upkeep
Office cO￿S
Finan¢e ¢051S
Affiliation fees- RJ
Sundri¢s
Office staff costs
Depreciation
Burial costs- JJBS
Auditors remuneration
Professional fees
A¢¢ountancy
44315
9268
2,122
33,629
3,912
71,572
10,179
(6J28)
5350
lJ77
lJ37
25.686
8.141
1,686
33,776
1,206
72,414
11.300
49,052
5,250
1.210
.007
176J33
210,728
This page does not fomi part of the ststutory fIna￿la1 ststements
Page 25

South Wesi E8sex and Settlement Refonn
Synagogue
Detailed Statement of Financial Activities
for the Yur Ended 31 Dteember 2023
3111Y23
31112122
Raislllg doD•llons *Jbd l¢84¢1¢8
ChArlt*ble actfvltles
Wages
Reli¥Tous services
High holy day costs
Security costs
Education youth & adult study
124,918
4.289
101,714
5.086
21
14.779
.431
25.150
154J57
123.031
Support costs
Other
Caretakers and cleaner5
Telephone
Printing, postage & stationery
Hire of office equipment
High holy dAy appeal
Jack Petchey award scheme
B'nei Torah sch¢m¢
Generai refwbi$hment fund
Education and youth
Sefer Torah repair fund
Technology appeal
Car park reserve fund
Cornmvnity and yothh
23J72
3,872
4,702
176
4,907
2212
23.418
3.492
4.539
564
30
180
309
3.400
495
176
4,510
43,917
36.527
Totsl resowces expended
374,607
370,286
Net ltt¢ome
33,641
47,049
This page does not forn) part of the stalutory financial statements
Page 26