Brlghton & Hove Jewish Communty Foundation Annual report and unaudlted financial statements For the year ended 31 December 2024 Charity Registratlon No. 269474 Brighton & Hove Jewish Community Foundation Legal and adminlstratfve information Tru9t￿# Mr R Abraham8 Mr P Sirnon$ Mr S Samu¢l$ rs L Walker Charfty numb•r 269474 Prin¢ipal addrn•• Ralli Hal 81 Oenmark Vila¥ Hove East Sussex BN3 3TH Ind•p•nd¢nt oxamln•r Ayres 8nght ￿￿erS Limited Bishopstone 38 Cr¢sc8nt Road WorthirvJ West Sussex BN11 1RL Natb)nal Westrninstèf Bank PIC 103 Church Ro8 Hove BN3 28F SollellOf* Penina Shepherd Acum?n Law Reg¢nt House Street Hove East Sussex BN3 2DW Brighton & Hove Jewish Community Foundation Contents Pa Twsteés, r8POrt Stslement ofTruste•s' responsibilrtEs Independent examinefs report Statement of finanekgl acb"Y￿e$ Balance sheet Notes to the accounts 8-13 Brighton & Hove Jewish Community Foundation Trustees. report For the year ended 31 December 2024 The Tru8tee$ prèsent iheir report and accounts for thé y8ai ended 31 December 2024. The a¢￿untS have been prepared in ackxJfdanc& wth the accounting poI￿leS set out in notè 1 to accounts and ￿mplY with Charity's constitubon. the Charitiès Ad 2011 and 'Accounting and Reportin9 by Char¥tses'. St8t8mant ol Recomrnended PraCt￿e applicab￿ to chanties preparing their a￿Unts In accordance with the Finanrial R?portsno Standard applicabk In the UK and RepublK of Ireland IFRS 1021 lettectNe 1 January 20351" Obi8Ctiv•8 and actlvltle• The Chaiity's objects are.. al to promote the benefit of the 8nghton and Hove Jewish comrnunity by associating together it5 inhabitants and local authority. voluntary and Other organisations to advance education. recreabon and leisure actNities In the interests ol the soual weltsre of the Jewish communty as a whole and. In particular Iwilhout Iimrtation to the generality of the loregoingl. lor the benefft of those Jewish rnernber$ of the community generalty who are In conditions of need. hardship. or distress. by reason of their socual. physical or ecofiomic circumstances, bl to help and educate people throLJgh their leisure actNrtie5 30 as to deveknp their physical. m￿tal and splntual capacit¢es'. cl to develop and maintain a communty centre for the benefft of rts members and the general community. A¢tl¥ltle• al to run social and Inendships dLtbs for J￿$h rssidents ol Brighton and Hove so a5 tts provtrde them with reueational and cuttural activitiès". bl ¢0 p￿v￿￿e faesithes lor all ages. to engage in leisu￿ actIvrt￿s". cl to provide and maintain a buildin9 Surtable for use as an all indusive Comrnunity Centre and to facilrtate culiural. artistic. educational and leisure actsvities for the general Jewish community. The Trustees have paid due regard to 9uidance issued by th¢ Chanty Commission In deciding what activrties the Charity should undèrtake. A¢hl•v•m•nts and perforni•nco Incorne was sustsined by. al Receiving rgntal income from our Commeraal tenants who trade in their own $&lf contained units of the building. bl Mernbership fèes from our'FrEnds ol Rami Hair 8cheme. cl Revenu¢ from ad-hoc room hire from the general public. local communty and busmesses for meetings, Conferences. weddings. theatrical perfomances. funerals and soaetiesldubs. Brighton & Hove Jewish Community Foundation Trustees. report (continued) For the year ended 31 December 2024 Financial r•vl•w For the year, the Chanty had a ¢J¢ficrt of £10.54712023 - defirit £11.0051. UnrestrKted re8erv•s at the period end wefe £261,25612023- £271.8031. The first half of the yèar was qurte tough. but then rt picked up in the second ham wrth a flurry of enquin$s for 2025. Membership renewals were better than expected. due to increased attendance at some ol our smaller Ralli Hall club$ wh￿h encouraged parbcipartts to bècome mernbers and attend morel General expenses were still high with unexpe¢tèd maintenance projects creathn9 hoher expenditure, but which were essentia. Unftsrtunately, expenditure exceeded income again. bLrt our cash reseThes are still extrèmely healthy wrth £125.655 held in current and deposrt ac£ounts. Nèxt year is again promising due to a very busy booked diary. We have an extra member of stsN to help us push forward. and Improved social media exposure and website presence will ensure our Iisbng pos￿0￿ for online enquiries puts u$ ai th¢ top. It 1$ the policy of the Charty Ih•t ynrestridet1 funds which hav¢ not been designate(I for a specthc use Should bg maintained at a level equTvalent to bebveen three an¢J six month's expenditure. The TTustÉès consider that reserves at this level wll ensure that. In the event of a swjnificant drop in ftjndtng. they will be able io continue the Charity's current acbvitses whilé consideration is given lo way$ in whth addrtional fund$ may be raised. This level of reservts has been maintained throughoLrt the year. The Trustèes have assessed the major iisks to which the Charty 1$ exposed, and are 5ati$fied that systems afe in place to rnibgatt èxposure to the rnajor risk5_ Structurg. govèmance and man•9•ment The Charity was established by the creabon of a constitution whith was adopted in 1976 and modified in 2002. Trustees are electèd from the membership of 8righton and Hove Jewish Communty Found8b"on In accofdance with th¢ Charrty's constrtution. The Twstees, who sèrved dunng the year were". Mr R Abraharns Mr P Simon3 Mr S Samuels Mr8 L Wolker Officers are elected from the membefship ol Brighton and Hove Jewish Communrty Foundation in a¢cordance with the charity's conststutson. The Executlvg 8oardlTrust•es who m¥n•y th• eharlty •r? a• lollovA". Mr Roger M C Abrahams Hon Chairman Mr Philip Simons Hon Vice Chaimian Mrs Lesley Walker Hon Secretsry Mr Steven Samuels Hon Treasurer The Management Committw for the charlty •m a* lollow• IAr Paul Lovegrove Mfs NLola Hyman Mr Steven Walker Mrs Stephanie Anderson The tru5tee¥ have overall respon$ibilty fof en5urin9 that the charity has appropriate $ystems of controls. financial and otherwise. They are also responsibbe lor keeping propèr accounbng records which disclose with reasonable accuracy at any time the finoncjal posrtion of the chanty and enable thern to ensure thai the financial statements comply with appropriate regulatK)ns. They are als0 r¢sponsible for thè safeguarding of the assets of the charity and hence for taking reasonable steps lor the prevenbon and detecbon of fraud and oth$r irregularrti¢$. Brighton & Hove Jewish Communlty Foundation Trustees. report (contlnued) For the year ended 31 Decemb•r 2024 The Tfusttta. report wos approved by the Board of Twstees. P Slmom Trustee Dated.. Brighton & Hove Jewish Community Foundation Statement of trustees. responsibilities For the year ended 31 December 2024 Ttte Trustee5 are re$ponsibla for preparing the Trusieès. Report and the 8¢¢ounts in accordance wth applicab16 law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepi¢d Accountsr+g Practical. The law applicable to chanbes in Eng￿nd and Wakns requires the Trust¢¢s to prepare accounts for each financial year whieh give a true and fai¥ wew ol the state of aff8ifs of Ihe Charty ¥nd of the incoming resources and application of iesoufces of the Chanty for that yaac. In pr$parin9 these accounts. the Trustees are required to". - select Suitab￿ ac£ounbng policies and then appty Ihem ojnsistentty" - observe the methods an(J principles in th8 Chanbes SORP". - makè judgements and esbmates that are rea¥on#b￿ and pA￿ent.. - state whether applubbe accounbng standards have been followed. subject to any material depa￿Te8 disclosed and explainèd in the accounts., and prepare ihe ar￿UnIS on the going corKem basis unles5 it Is inappropriate to presume that the d)arity will continue In operathjn. The Trustees are r$$ponsible lor keepin9 $uffia"ent accounting r&¢ords that discjose wrth Tea3on8ble accuracy at any time the financial p05rt￿n ol the Charty and en?ble them to ensure that Ihe accounts comply with the Charit*s Act 2011, the Charity IAco)unts and R•portsl Regulatiorts 2008 and the provisK)ns ol the trust deed. They are also responsible for safèguarding the asset5 of th¥ Chanty and hen￿ for iaking reasonable steps for the prèvention and dètection ol fraud and ather Irregularibes. Brighton & Hove Jewish Community Foundation Independent examinerfs report To The Trustees Of Brighton & Hove Jewish Community Foundation I report on Ihe accounts of the Charity lor the yèar ended 31 December 2024, which are set out on pages 6 to 13. Respectiv¢ rèsponslblllties of Trwt••s and examlnor The thanty's Trustees are responsib￿ for the preparation of the accounts. Tho chanty's Trustees consider that an audit is not required for this year under secbon 144121 of the Chanties Act 2011 (the 2011 Act) and that an independent examination is needed. It Is rny re3ponsibilty to" examine the accounts under section 145 of tr.e 2011 AQ". Iiil to follow the procedures laid down in thè general DirectK)n$ gr¥en by the Charrty Comrni5sion under section 14515llbl of the 2011 Art, and liiil to 518tè whether parbcuknr mattèrs have come to my attentKJn. Ba$i8 ol Independent •xamln•f• r•port My exafflinaiion was carried out In accofdance wrth the general Difèdions gtven by the Charity Commission. An exarnin8tion includes a review ol thè accountsng records kept by the charity and a comparison of the accounts presented wrth those fecords. It also Indudes consideration of any unusual itèms or discbosures in the account5. and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt and conseqL•entty no opinion is given as to whether the accounts present a 'true and fair wew. and the report Is limited to those matters Set tsut in the next stst8m¥Jni. Indep¥ndèni examlnerfs stat•m•nt In connection with my ttxaminabon. no ot￿r matter except that fèleired to in the PreV￿)uS paragraph has come to my attenb'on lal which gtves me reasonable cause to believè that in any m*rial iespect the requirements.. to keep accoun)ng records in accordance wrth sectK)n 130 of the 2011 Act." and lill to prepare a¢counts which accord wrth the ac£ounb"ng records. and comply with the accounting fequirernents of the 2011 ACL have not been met or Ibl to which, In my opinion. attention Should be drawn in order to enable a proper understanding of the accounts to be reached. Mr P A Stone FCA Ayres Bright Vicker5 Limite11 Chartered Accountants Bishopstone 36 Crescent Road Worthing Wesl Suss&x BN11 1RL Dated. 13MAY20 Brighton & Hove Jewish Community Foundation Statement of financial activities including income and expenditure account For the year ended 31 December 2024 Unre*tri¢tsd funds Tot•1 2023 Noteg Donations and legacbe8 Grants Room hire Membership subs¢riptions Other income Investments 109 4.150 4.884 193.463 5.140 208.417 3.647 2,531 343 282 Total Income 215.047 207.919 Ra18ing fvnds Gener81 expendrture 225.594 218.924 Totsi r••ources expend•d 225,594 218.924 Net expendlture for th¢ yèarl Net movement in funds {10,5471 111.0051 Fund balan¢e$ at 1 January 2024 271.803 282.808 Fund balane•• at 31 O•c•mber 2024 261.256 271,803 Brighton & Hove Jewish Community Foundation Balance sheet As at 31 December 2024 2024 2023 Notss Fixéd assets Tangible assets ¢urr•nt assets Debtor$ C85h at bank and In hand 148.291 148.291 3,￿7 125.655 2.720 136.880 129.562 139,600 Cr•dltorn: arnount• falling du• wlthln one ye•r 10 116.5971 116.0881 Net ¢urr8nt assets 112.965 123.512 Totol •89ets les• curr•rtt Ilabllltl•4 261,256 271,803 Ineom• fund¥ Unrestricted funds 261,256 271,803 261.256 271.803 The financial staternents wer• approved by the ol trustees and authorised for is$ue on .. are signed rts behaw by.. and Mr P Simons Tru$t•e Brighton & Hove Jewish Community Foundation Notes to the financial statements For the year ended 31 December 2024 Ac¢ountlng polkl•• Charity ineomiatlon BrKJhton & Hove Jewish Communrty Foundabon was estabhshed by the creatson of an association constitLrtion which was adopted on 28 Apnl 1975 lamended 25 June 20021 _ 1.1 Accountlng convention These accounts have beén prepared in accDrdan¢e wrth FRS 102 "The Financial Reporting Standard appIl￿bI• in the VK and Republ￿ of Ireland" fFRS 102.1. "Accounting and Réportsng by Ch¥flties' the Statement of Recommended Practice lor ¢harities apptying FRS 102. the Charlties Act 2011 and UK Gènerally Accepted Ac£ounb"ng Pracb"ce as rt applies from 1 January 2015. The Charity is a Public Benefit Endty 85 defined by FRS 102. The 8(xounts have departed from the Chanties IAccounts and Reportsl Regubtions 2008 only to the extent required to pfovide a true and raif vw. This departure has involved following the Statement of Recommended PraQice for chanbes apptying FRS 102 rather than the version of the Statement of Recommended Practice which is relerretj to in the Regulabons but which ha5 since been wrthdrawn. The accounts ara prepared In stertin9, whi¢h is the funcbonal of the company. Monetary arnounts in these financial ststements arè rounde¢J to the nearest £. The accounts have been prepared on the historical cost convenb"on. modffied to include the revaluation ol freshold properties and lo indude Investrnent propertiès and certain finanaal instruments at fair value. The principal aecounting ￿l￿e$ adopted are set OLrt below. 1.2 Gobng ¢one•rn At the time ol approving the accounts. the Trustees have a reasonable expeciation Ihat the Charity ha$ adequate rasources to continue in operath.onal existen¢e for the foreseeable future. Thus the Trustees, continue to adopt th? goin9 concern basis of ac¢fjurthng in p￿paring the accounts. 1.3 Chorlt*bl• funds Unrestricted fvsnds are available for use at the discretion of the Tru$tses in bJrtheran¢• of their charitable obiecbves unless the fijnds have been designated lor other purposes. Restricted funds are subject to specthc cOnd￿onS by (Jonors 85 to how they rnay be used. The purposes and uses of the restricted ￿1ndS are set OLrt in the r￿te$ to ihe accounts. Endowrnont lunds are subjecl to ¥peCrf￿ condtrins by donors that th& (¥pital must be maintained by thg Charity. 1.4 Incomlng r•sour¢•• Income Is recognised wh¢n the Charity is bgalty entslled to rt ofter any performance ￿ndItionS have been met. Ihè amounts can ￿ m¢a$ured ￿1vab￿. and rt is probabk th* income ￿11 b¢ rèceived. Cash donabons are recognised on rKeipL Other donations are recognised once the Charity has been notifi'ed of thè donation, unle$$ perforrnanc£ condrtKsns ￿Quire defèrral ol the amount. Income tax recoverabb In relatson to donations receNed under Gift Aid or deeds of covenani is ￿cOgnISed at the time of the donation. Legacies are recognised on ￿CeIpt or otherwise rf the Chanty ha5 been notified of an irnpending distributs'on. the amouni Is known, and receipt Is expeded If the amount is not known. the begacy Is treated a5 a contingent assèt. Brighton & Hove Jewish Community Foundation Notes to the financial statements {contlnued) For the year ended 31 December 2024 A¢eountlng pollcle• l¢antlnuedl 1.5 Rè*ourees expended Liabilities are recognised as soon as there is a legal or con$tructNe obligation ¢ommitting the charty to pay out re3our¢os. 1.6 Tanglble frx¢d as*•ts Tangible fixed assèts are inrt¢alty rneasur¢d at cost and subsequenty measured at ￿$t or valuation, net of depfeaation and any impaimient losses. Depreciation Is ￿CogniSed 50 as to wnte off the cosl or valuakn.on of assets les$ their residual valu&$ over their useftjl lives on the folhjwing bases.. Freehold land and building$ Nil depreck4tion The g¥in or loss arising on the dssposal ol an a38et is t18termined a$ the difference b¢￿een the sale proceed8 and thè carrying value of the a$saL and is recognised in net incomellexpendrtufel for the year. 1.7 Impalrn￿nl of fix¢d ass•ts At each reporting end date, the Charity rèviews the carying amounts ol rts tan9ible and Intan9ible assets to detefmine whether there Is any IThji￿bon th8t those assets have $ulfefed an impairment loss. If any sueh Indication exists. the recovefablè amount of the a$sÉt is estsmated In order to determine the extent ol the impairrn¢nt bss lif any. Recoverab￿ arnount 1$ the h￿her ol fair value be$s costs Io sell and value in use. In assessing value In use, the estirnaied future cash flows ar• discounted to their present value using a pre-tax discount rate that reflects current market assessments ol the bme value ol money antj the nsks specifi¢ to the asset for wh￿h the estimotes ol lubjfe c88h Ik)w$ have not been adju$ièd. If the recoverable amount of an asset Is estimated to be bess than ts carrying amoLtnt. the carryin9 amount of the asset Is reduced to its recoverabk amount An impairment loss is recognised Immediately In Incomel (expenditure for the year. Un￿$$ the rekvant asset bs carried at a ￿valued amount. in which case the impairment tOS5 IS treated as a revaluatlon decrease. Recognised irnpairment losses are reversed rf. and onty rf. the reasons for the irnpaiment loss have ¢eased to apply. Where an irnpairrnent lo$$ subsequenty revefSeS. the carryin9 amount ol the asset Is increased to the revised estimate of tts recoverable •mount. but so thal the increased c8rrying amount do¥$ not e