REGISTERED CHAIUTY NUMBER: SCO52553
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
GLASGOW REFORM SYNAGOGUE SCIO
Arrnstrong Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 IHJ

GLASGOW REFORM syf4AGOGUE SCIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Report of the Trustees
Independent E¥aminer's Report
Statement of Finaneial Aetivities
Balance Sheet
Tr4ote5 to the Financial Statements
8 to 16

GLASGOW REFORM SYNAGOGUE SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The tru5tee5 present their report with the financial statern¢nts of the charity for the year ended 31 December 2024. The
Trust¢¢s have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recolllln¢nded Practic¢
(SORP) applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the United Kingdom and th¢ Republi¢ of Ireland (FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objeetives and aims
Glasgow Reforni Synagogue (GRS) is the home of Reforni Judaism in Scotland- inspiring individuals and communities
with Reform Jewish values and traditions. Our purpose is to maintain these goals for the benefit of our n]ember5 and
the local ¢OmTnunity. The objectives of the Chariry are to provide and promote Reform Judaism, both froin a religious
and cultural point of view. in Glasgow and throughout Scotl8nd and to promote any charitable purpose calculated to
furth¢r R¢form Judaism. There are plans to merge the movement with the allied Liberal movement to go forward under
Ihe banner of Progressive Judaisrn.
ACHIEVEMENT AND PERFORMANCE
Charitobl¢ 8¢tivities
We have ¢ontinued to plan and deliver serYice4 educotion, training and developTnent. Our Rabbi continues on a part
time basis and is a positiv¢ and unifying focus. There are weekly Shabbat services on a Saturday morning, in person and
online. We are supported by se¢urity personnel and Staff. Once a month there is a Supper led by the Rabbi which is an
opportunity for members to meet and socialise, together with monthly study sessions.
There have been many other religious and social events. su¢h 8$ Purim, our well attended cornmunal Passover seder, a
90th birthday lun¢h in June 2024 (sponsored by a wider community organisation), hosting Yom Hazikaron (day of
re]n¢mbran¢e), annual memb¢r5' bwbeque, the High Holy days, October 7th memorial and Chanukah. A number of
families have celebrated Bar or Bat mitzvah and have been 5UPPQrt¢d by the congregation and the catering ¢eam.
There has been a modest growth in members, and a conversion programme continues to be offered. Our ￿lIdIng is old
and requEres a significant amount of ongoing replacement and repair. There are plan5 in hand to replac¢ boilers.
Essential electricat work is underway. and upgrades to the alarni system, roof repairs, and streaming equipment are in
progress.
Our Designated Safeguarding Lead produced GRS policies and guidelines for staff, truste¢s and volunteers in line with
the OSCR and Movement for Refom) Judaisrn requiremertts. Trustees have C￿Tled out the appropriate training.
Comtnunication is made via weekly newsletters, education sessions and meetin85 Wlth meTnbers and pastoral support. A
survey of members ha5 highlighted areas to improve and we are tying to implement this with our small team of active
volunteers.
FINANCIAL REVJEW
Reserves policy and golng concern
The trustees have a target of ensuring that the unrestricted cash reserves remain above £50,(x)O and that the target is
monitored. This sum is intended to be SllffEcient to ¢ov¢r the operational tteed$ of the Synagogue for a minimum period
of six months.
Thanks to the efforts of our past Chair. one of our regular donors made an increased contribution, which was of
significant benefit. At 31 December 2024. the unrestricted reserves stood at £199.063 (2023 £176.503). The trnstees
expect the r¢serve5 t(Tr deorease in 2025 owing to the amount of expenditure, but haYEng reyiewed the likely outcome
for the next 12 months taking account of historic trends perfomiante and since the Balante Sheet date, they consider
that the Synagogue will be in a position to meet its financial liabilities as they fall due and will be able to do so for a
period of at least 12 months from the date the accounts are signed.
Pag¢ I

GLASGOW REFORM SYNAGOGUE SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW (Continued)
Results
The main source of income of the Synagogue is annual subscriptions which increased t(F £66,313 from £59,920 last
year. This was due to a mid-year request for a IOO/a uplift 5ubs¢ription for 6 months. The forec&s¢ 5ubwiplions for
202512026 is £63,560.
Recurrent expenditure has shown an increase, as was forecasted, mainly in rabbinical and staff costs and an increased
l¢v¢l of propety repairs. The Synagogue's financial viability at current levels of expenditure is also highly dependent on
the level and continuity of support by way of donations, ￿ndraisIng and hall letting fees.
FUTURE PLAP4S
The Financial Committee and the wider Executive are tu￿entlY Considering a loan from a community organi5ation
which is b¢ing negotiat¢d, together with ways of increasing income including fundraising, and an increase in
m¢mb¢rship fe¢s. There is an ongoing legacy campaign as the Synagogue has greatly benefited from legacies of varying
amounts over the years. Th¢ Finan¢e ComTnittee and the wider Executive will continue to focus on ways to reduce
expenditure.
STRUCTURE, COVERNAP4CE AND MANAGEMENT
Governlng doeument
Glasgow Reforni Synagogue SCIO was established on 18 May 2023. The SCIO is registered at Companies House with
the reference number CS006321. The SCIO is also r¢gisl¢red with OSCR with the reference number SC052553. The
governing Document is a Constitution dated November 2023 approved by the members. On 31 December 2023, all the
assets and liabilities of the old Trust were transfetted ov¢r into the new SCIO. The old Trust has been dissolved.
The Synagogue 15 also Tecognised as a charity by HM Rev¢nu¢ and Custoujs and as a result, there is no liability to
taxation on any of it5 income.
Organlsational strueture
Trustees are appointed by the members at the Annual General Meeting and are entrusied with the goYernan¢e of the
charity throughout the period of their appointment. The Truste¢$ ¢ndeavour to meet monthly to review all operaiional
and strategic matters and react as appropriate.
Induction and training of new trustees
A process of regular Tneetings and other communications infonn and update both new tW5tees and existing tru$te¢s in
respect of the organisation's legal status, constitutional documents and other general information, in addition to a review
of the activities within the organisation.
Key m8n*gemertt remunération and r¢lated partie5
Key management personnel who are responsible for managing and ¢ontrolling the ¢harity are all the trustees who are all
members of the Executive Committee.
The truste¢s do not re¢eive rernuneration foriheir services.
In addition, the Board considers that the charity's related parties are its Ttrustees. There were no related paty
transactions during the year ended 31 December 2024 (2023.. none).
Page 2

GLASGOW REFORM SYNAGOGUE SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRucfuRE. GOVERNANCE Af4D MANAGEMENT {eontlnued)
Risk rnanA%e]nent
The Trustees have a duty to review the principal risk5 and uncertainties that the charity faces and to ensure adequate
ontrols are in place to provide reasonable assuranK against fraud and error and consequently, any wtential impact on
the charity. Thc Synagogue has continued to ¢mploy an independent bookkeep¢r. Our administrdtive pmcesses have
becn streamlined and improved and expenditure 15 reviewed on an ots80in8 basis.
The principal risk facing the charity is the generdtion of sufficient funds to provide the required l¢v¢l of seryices and to
rnaintain the Synagogue building and Cardonald burial ground. Although the level of re5erv¢ funds is sound at this tim¢,
there is an urgent need for a forward plan to rationalise expenditure and income for the next few years. With th¢ transfer
to a SCIO. a Financial Comrnittee was established, made of the Chair. the Treasurer, the Safeguarding Officer and the
ac¢ouT)t rnanager. Thi5 group has been tasked with closely rnonitoring the finances of the Synagogue, geeking ways to
incr¢￿¢ inwmc and rnanage expenditure.
REFI4 RENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC052553
Principal Address
147 Ayr Road
Glasgow
G77 6RE
Trustees
The Board of Trustees of the SCIO is as follows:
Iii a(iditiuIi ID Ilie Boai"d ol TIubl¢¢S. Ili¥ Iii¢¢Jib¢J¥ ufthe Executive are as follows..
Head of Religious Affairs
Membership ConveTLor
Safeguarding Convenor and Events Coordinator
Building Coordinator
Burials Coordinator
Security Convenor
Appointed 18 June 2024
Tiide
Armstrong Watson LLP
Caledonia House
89 Seaward Street
Glasgow
G41 IHJ
Pag¢ 3

GLASGOIV REFORM SYNAGOGUE SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
Bank of Scotland
110 Queen Street
Glugow
CII 3BY
Approved by ord¢r of the Board of Trustees on 23 May 2025 and sigrhed on its behalf by..
Page 4

JNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GLASGOW REFORM SYNAGOGUE SCIO
I report on the ac¢ounts for the year ended 31 Decemb¢r 2024 set out on pages six to s¢v¢nt¢en.
Respective re5ponsibilitie5 of trustees and examiner
The charity'5 tru5te¢s are responsible for the preparation of the accounts in aceordan¢¢ with the tern)5 of the Charities
and Trustee Investtnent (Scotland) Act 2005 and the Charities A¢¢ounts (Scotland) Regulation$ 2006 {a5 amended)- The
charity's trustees consider that the audit requirement of Regulation 10(l)la) to (c) of ttLe Aeeounts Reglllations does not
apply. It is my responsibility to examine the accounts as required undeT Section 44(1)(c) of the Act and to state wheth¢r
particular matters hav¢ ¢oTne to my attention.
Basis of the independent examin¢r'5 report
My examination was canied out in accordance with Regulation I l of the Charities Acwunts (Scotlandl Regulations
2006. An exarnination includes a review of the accounlin8 records kept by the charity and 2 comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in di¢ accounts, and
seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide alL
the ¢vid¢n¢¢ thai would be required in an audit. and Consequently I do not express an audit opinion on the view given
by th¢ a¢¢ounts.
Independent examlner's staternent
In connection with my examtnation, no matt¢r has come to my attention .
(l) whith giyes m¢ reasonable cause to believe th*t, in any material respect, the requirements
to keep accounting records in accordance with Section 44{IMa) of the 2005 Act and Regulation 4 of the 2006
Accounts Regulations., and
to prepare a¢¢ounts which accord with the accounting re¢ords and to comply with Regulation 8 of the 2006
A￿oUnts Regulations
have not been met. or
(2) to which, in my opinion, attention should be drawn in order to enable a proper und￿standing of the accouTLts to be
reached.
Armsirong Watson LLP
Caledonia House '
89 Seaward Stre¢t
Glasgow
G41 IHJ
23 May 2025
Page 5

GLASGOW REFORM SYNAGOGUE SCIO
STATEMENT OF FINANCIAL ACTIVJTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Tol81
funds
2023
Total
funds
Unrestrieted
funds
Restricted
fund
Note$
INCOME FROM
DtsT)ations and legacies
44,533
9,286
$3,819
48,914
Charitable 8Ctivili¢s
Charitable activity
96,232
96,232
73,905
Other trading activities
Other income
21,046
21,046
1.261
14.948
486
Total
163,072
9,286
172358
138,253
EXPENDITURE ON
Raising funds
2,630
2,630
1,149
Charitabl¢ activities
Charitable activity
137,882
18.923
156.805
171,946
Total
140 S12
173 095
NET INCOME/(EXPENDITURE}
22,560
(9,637)
12923
(34,842)
RECONCILIATION OF FUNDS
Total funds brought forward
176,503
245,776
422,279
457,121
TOTAL FUP4DS CARRIED FORWARD
199,063
236.139
435,202
422.279
CONTINUING OPERATIONS
All incolne and expenditure ha5 arisen from continuing activities.
The notes forni part of these financial statements
Page 6

GLASGOW REFORM SYNAGOGUE SCIO
BALANCE SHEET
31 DECEMBER 2024
2024
Total
funds
2023
Total
runds
Unrestricted
fund5
Restrieted
fund
Notes
FIXED ASSETS
Tangible assets
li
79,761
234,936
314.697
326,294
CURRENT ASSETS
Stocks
Debtors
Cash at bank
12
13
13,500
8.640
134.131
13,500
8,640
135J34
12,150
12,018
106,490
156,271
1,203
157,474
130,658
CREDITORS
Amounts falling due within one yor
14
136,969)
(36,909)
(34,673)
NET CURREf4T ASSETS
119302
120 $05
95,985
TOTAL ASSETS LESS CURRENT
LIABILITIES
199,063
236,139
435.202
422.279
NET ASSETS
199 063
236.139
435 202
422.279
FUNDS
Unrestricted funds
Restricted funds
15
199,063
236 A39
176,503
245 776
TOTAL FUNDS
422.279
The financial statements were approved by the Board of Twsws and authorised for issu¢ on 23 May 2025 and were
signed on its behalf by-
The note$ fom part of these fmanctal statements
Page 7

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basls of preparing the finoncial $t4tements
The financial statements of the ¢harity, which is a public benefit entity under FRS 102, have been prepared in
aecordance with the Chariti¢$ SORP (FRS 102) 'Accounting and Reporting by Charities.. StatemEnt of
Recommended Practice applicabl¢ to Charities preparing their accouttts in accoTdance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Chariti¢s and Trustee Investment (S¢otland) A¢1 2005.
Assets and liabilities are initially r¢cognised at historical cost or transaciion value unless otherwise stated in ihe
relevant accounting policy notes.
Th¢ finan¢ial statement5 are presented in Sterling {£).
Judgements
The charity ¢onsider5 on an annual basis the judgements that ar¢ made by management when applying its
significant accounting policies that would have the most significant effect on amounts that are recognised in the
fin3n¢ial stat¢m¢nts. The Trustees consider that there are no such signifieaot judgements.
Going eoneern
The financial statements have been prepared on a going concern basis. Having reviewed the charity's historic
trends and perfomiance and its performance sin¢e the balance sheet date, the trustees constder that the charity
will be able to meet its financial liabilitie5 when they fall due and will be able to do so for a period of at least 12
months from the date the accounts are signed. Consequently> the Trustees consider it appropriate to prepare the
financial statements on a going concern basi5.
Financial Reporting Standard 102- redueed diselosure exemptions
The charity h3S taken advantage of the following disclosure exemption in preparing these f]nan¢ial statements.
as pemitted by FRS 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland,:
the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statetnent of Financial Activities once the charity has entitlement to th¢ funds, it
is probable that the income will be received and ihe amount can be measured reliably.
For legacies, entitlement is taken as the earlier of the date on which either.. the charity is aware that probate ha$
been granted, the estate has been f￿alISed and notification has been made by the executor(s) to the Trust that
distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in
part, is only considered probable when the amount can be measured reliably and the charity has been notified of
the e¥ecutoVs intention to make a distribution. Where legacies have been notified to the charity. or the charity is
aware of the granting of probate, and the criteria for income recognition haye not been met. Ihen the lega¢y is a
treated as a ¢ontingent asset and disclosed if material.
ember5hip subs¢ription5, gift aid rewverable and burial in¢om¢ are r¢¢ogni5¢d iu the period to whieh they
relate and are includ¢d in income from charitable activities.
Incorne from government grants, whether a'capital, grant or 'revenue' grant, is recognised when the charity has
entitlement to the funds, any perforniance conditions attached to the grants have been met, it is probable that the
income will be received and the amount can be measured reliably.
Pag¢ 8
¢ontinued...

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES- eontSnued
Expenditure
Liabilities are recognised #s expenditure as soon as there is a legal or constructive obligaiion committing the
charity to that expenditure, it is probable that a transfer of economic benefits will b¢ required in settlement and
the amount of the obligation wi be measured reliably. Exp¢nditure is accounted for on an accnjals basis and ha5
been classified under headings that aggregate all ¢ost related to the category. Wh¢r¢ ¢osls ¢annot be directly
attributed to particular headings they have be¢n allocated to activities on & basis consistent with the use of
resources.
Raising funds
Raising funds includes all expenditure incurred by the charity lo raise funds for its charitable PUTposes and
includes costs of all fundraising activities and events.
Charitable aetivÈtie5
Costs of charitable activitie5 are incu￿ed on the charity's provision and promotion of Judaism. including the
support costs and costs relating to the governance of the charity apportioned to chaiitable activities.
Governanc¢ costs
Consists of the ¢osts of the accounts preparation and other f]nan¢ial services and any expenditure incuTred in
complianee with the l¢gal requirements of the charity.
Allocation and apportionment of costs
Support costs are those ￿nctiOnS that assist the work of the charity but do not undertak¢ charitable activitie$.
Support costs COn%15t of gov¢mance costs which support the charity's activities. The5¢ Costs have been allo¢at¢d
to expenditure on charitable activitie5.
T8ngible fixed assets
Depreciation is provided at the following aknnual rates in order to write off the cost less estimated r¢sidual value
of ea¢h asset over its estimated useful life.
Heritable property
Security equipment
Kitehen equipment
Office equipment
2/0 on cost
200/0 on reducing balance
150/• on reducing balance
33.30/y on cost
Fixed a55ets are included in the balance sheet at eost less ac¢u7nulated depre¢iation and impairment losses.
Exp¢n5¢s under £500 will not be capitalised.
Impairment ofnoD-fin4ncial xssets
At each reporting date, non-financial assets not carried at fair value, like plant, property and equipment. are
reviewed to detemitne whether there is an indication that an asset may be impaired. If there is an ]nd￿catiOn of
possible impairnient, the recoverable amount whith is th¢ higher of value in use and the fair value les$ cost to
sell, is estimated and compared with the tarrying amount. If the recoverable amount is lower, the carrying
amount of the asset is reduced to its recoverable amount and an impaimient loss is recognised itnmediately in
profit and Ios5,
Stocks
Stocks relate to the acquisition Of cemetery lair5. These lairs ar¢ being in¢lud¢d in th¢ balance Sheet at ¢0St.
Taxation
The charity is exempt from tax on its charitable activities.
Page 9
continued..

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS - eontinued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLJCIES- continued
Fund accounting
Funds held by the charity are either'.-
G¢n¢ral funds - fimds that can be used in accordanee with th¢ charitable objectives at the dis¢r¢tion of the
trustees,. and
Designated funds- fund5 5¢t aside by the twstees for specific future puryx)ses or projeet$.
or
Restricted funds - either fi￿dS that can be u5¢d only for that specific puwse as specified by the ¢k)nor or funds
that have been raised for particular purposes.
Further explanation of the na￿re and purpose of each fund is included Èn the not¢$ to the fmancial statements.
Pension costs and other post-retirement benefit5
The company operates a defined contribution pension 5chcm¢ and a150 makes contributions to the personal
pension plans of certain individuals. Contributions payable to these schemes are charged to the profit and loss
account in th¢ period to which they relate.
Financial iDStrum¢nts
The charity only enters into b05i¢ financial instruments trdnsactions that result in the recognition of finan¢ial
ossets and liabilities like other aceounts receivabl¢ and payable.
Debt instruments that are payable or receivable within one year, typically other accounts receivable and payable,
are measured, initially and subsequently. at the undiscounted amount of cash or other consideration expect￿ to
be paid or received.
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for
evidence ofimpairnient and if found, an impairnient loss is recognised in profit or loss.
Financial liabilitie5 are derecognised when the liability is extinguished, that 15 when the conlrn¢lual obligation is
discharged, cancelled or expires.
Cash and cash ¢quivaleDts includes c8sh in hand, deposits held ai call with banks, other short-temi highly liquid
investments with original rnaturities of three months or less and bat)k overdrafts. Bat)k ov¢rdrafts, when
applicable, are shown within boTrowings in current liabilities.
Creditors and provisions
Creditors and provisions are recognised where the charity has a presellt obligation Tesulting from a past event
that will probably result in the transfer of fvnds to a third paty and the amount due to settle th¢ obligation can
be measured or estimated reliably. Creditors and provisions are nom)ally recognised at their settlement atnount
after allowing for any trade discounts due.
P28e 10
continued...

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
2024
2023
Donations including legacies and bequests
Grants
46,738
7.081
43,861
Grdnts received, included in the above, are as follows:
2024
2023
CST Gov¢rnment Grant
7,081
5.053
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
Hall l¢tting fees
7,401
4.548
14.948
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Charitable activity
Charitable activity
Charitsble aciivity
Subscriptions- adults
Gift aid recoverable
Burial receipts
66.313
16,769
59,920
10,000
RAIsIf4G FUNDS
Raising donÉtions legacies
2024
2023
Costs of fundraising events
1.149
Pagell
continued...

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITABLE ACTIVITIES COSTS
Support
eosts (see
note 7)
Direct
Costs
Totals
Charitable activity
150 585
156,805
SUPPORT COSTS
Governance
costs
Charitable activity
6.220
Support costs, included in the above, are 35 follows:
Governanee eosts
2024
Charitable
activity
2023
Total
aetSvitie5
Independent examine￿$ fees
Book-keeping fee$
2,98
2,580
6,220
S,130
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remun¢ration or other benefits for the year ended 31 Decemb¢r 2024 nor for the year
ended 31 December 2023.
Trustees, expenses
During the year, no expenses were paid to the trustees of the charity (2023.. £nil).
STAFF COSTS
2024
2023
Wages and salaries
Other pension cg$ts
40.014
790
40,294
1,021
In addition to the above, there were payment5 for rabbinical 5¢rvi¢¢s of £31,035. which included payments to
personal pension plan of £2,000 and also payroll costs of £2,720, whi¢h ar¢ included in ¢du¢ational costs.
Page 12
continued...

GLASGOW REFoRL￿ SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
STAFF COSTS- contlnued
The average monthly number of employees during the year was as follows..
2024
2023
Numb¢r of management staff
Number of charitable services staff
No employ¢¢s received emoluments in excess of £60,000.
During the y¢ar, total remuneration of £nil (2023.. £nil) was paid to key management personnel.
io.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted
(unds
Restri¢ted
fund
Total
funds
INCOME FROM
Donation5 and legacies
43,862
5.052
48.914
Charltable attivitie5
Charitable activity
73,905
73,905
Other trading activities
Oth¢r in¢ome
14,948
486
14,948
486
Total
133201
138 253
EXPENDITURE ON
Raising fund5
1,149
1,149
Charitable actlvltles
Charitable activity
155 999
Total
157 148
173,095
NET EXPENDITURE
(23,947)
(10.895)
(34.842)
RECONCILIATION OF FUNDS
Total funds brought forward
200,450
256,671
457,121
TOTAL FUNDS CARRIED FORWARD
176 503
245 776
422.279
Page 13
ontinued...

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- eontlnlled
FOR THE YEAR ENDED 31 DECEMBER 2024
ii.
TANGIBLE FIXED ASSETS
Heritable
property
S¢¢urity
equlpment
Kitchen
equipment
Office
equipment
Totals
COST
At l January 2024 and
31 December 2024
546 479
6.084
11,640
591,367
DEPRECIATION
At l January 2024
Charge for year
224.366
10,629
3,960
423
25,777
208
10,964
337
265,073
11,597
At 31 De¢¢mber 2024
234,995
lJ,301
276.670
NET BOOK VALUE
At 31 December 2024
311,484
339
314 697
At 31 December 2023
322,113
2.118
1.387
676
326,294
Included in heritable propety is land costing £15,000 whi¢h i5 not depreciated.
11 STOCKS
2024
2023
Burial lairs
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Income tax recoverable
Prepayments and accrued income
2,515
10,000
2,018
12.018
Page 14
Continued...

CLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Oth¢r ¢r¢ditors
Accruals and deferred income
14,235
22,734
12,840
21.833
36.969
15.
MOVEMENT IN FUNDS
N¢t
movement
In funds
At
31112124
At 111124
Unrestricted funds
General fund
176,503
22,￿0
199,063
Restri¢ted funds
. Restricted ￿nd
245.776
(9,637)
236,139
TOTAL FUNDS
422 279
435 202
Net movement in funds. included in the abov¢ are as follow5:
Jncorning
resour¢e5
Resources
expended
Movement
n funds
Unrestriet¢d funds
General fund
163,072
(140,512)
22,560
Restricted funds
Restricted fund
9,286
(18,923)
(9,637)
TOTAL FUNDS
172,358
159,435)
12.923
Comparatives for movement in funds
F4et
movement
in funds
At
31112123
At 111123
Unrestrieted funds
General fund
200,450
(23,947)
176,503
Restricted funds
Restricted fund
256,671
(10.895)
245,776
TOTAL FUNDS
457 121
34 842)
422 279
Page 15
continued...

GLASGOW REFORM SYNAGOGUE SCIO
NOTES TO THE FIP4ANCIAL STATEMENTS- contlnued
FOR TH£ YEAR ENDED 31 DECEMBER 2024
15.
MOVEMENT IN FUNDS- continued
Comparative net movement in fund4 included in the aboye are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unre5tricled funds
General fund
133,201
(157.148)
(23,947)
Restricted funds
Restricted fund
5,052
(15,947}
{10,895)
TOTAL FUNDS
173 095
34.842)
The restricied ￿nd relate5 to funds received in respect of the acquisltion of the Synagogu¢ and security
equipment. Th¢ Synagogue property and the securiry equtpment are included in fixed assets in not¢ I l.
A restricted grant of £7,081 (2023.. £5,053) was received during th¢ y¢ar to be utilised on the provision of
security and this has been fully utilised during the year. Donations of £2.205 were T￿e1Ved in respect of
educational ¢osts and of these. £1,001 was utilised during the year, leaving a balan¢e of £1,204 to be catTi¢d
forward.
16,
EMPLOYEE BENEFrr OBLIGATIONS
Th¢ charity operates a defll)ed contribution pension s¢heme and makes payments to the p¢rsonal pension plans
of certain individuals, the assets of which are held in separate funds. The amount paid in the year and charged to
the Statement of Financial Activilies amounted to £2,790 (2023.. £4,021). At 31 December 2024, £nil (2023:
£nil) was due to the p¢nsion sGh¢mes by the charity.
17.
CONTIP4GENT LIABILrriES
Und¢r the conditions of a grant received from Glasgow Jewish Community Trust and Esterson Tn]st, a grant of
£50,000 will become repayable on disposal of the charity's premises at 147 Ayr Road, Glasgow unless th¢
proceeds of disposal are re-inyested in an alternative Synagogue site. The lernis of the grant also provide for a
pro-rata participation in profit over the completed project value by th¢ aforementioned Trusts, should the grant
be¢om¢ repayable.
i&
RELATED PARTY DISCLOSURES
There were no related paty transa¢tioDS for the year ended 31 De¢ember2024 (2023: none).
19.
ULTIMATE corrrROLLING PARTY
Ther¢ is no ultimate Controlling party.
Page 16
continued.