2021-12-31-accounts - Bridges For Peace UK Ltd

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			Pages
Trustees' Annual Report			2to 6
Independent Examiner's Report
Statement of Fina ncia	I Activities
Summary Income and	Expenditure	Account
Balance Sheet			10
Notes to the Accounts			11to 18
Detailed Statement of	Financial Activities		19to 20

for the year	ended	31Decem	ber 2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2021	2021	2021	2020
			Notes	f	f	f	f
Income and	endowments
from:
Donations	and legacies			127,964	200,733	328,697	321,627
Investments				451		451	539
Total				128,415	200,733	329,148	322,166
Expenditure	on:
Raising funds				21,082		21,082	22,366
Charitable	activities			1,948	173,985	175,933	205,344
Other				87,641		87,641	85,274
Total				110,671	173,985	284,656	312,984
Net gains on	investments
Net income				17,744	26,748	44,492	9,182
Transfers between		funds		52,227	(52,227)
Net income before gains/(losses)		other		69,971	(25,479)	44,492	9,182
Other gains and losses
Net movement in funds				69,971	(25,479)	44,492	9,182
Reconciliation offunds:
Total funds brought		forward		34,151	32,250	66,401	57,219
Total funds carried		forward		104,122	6,771	110,893	66,401

			2021	2020
			f	f
Income			328,697	321,627
Interest and	investment	income	451	539
Gross income for the year			329,148	322,166
Expenditure			284,271	312,470
Depreciation	and charges	for
impairment	offixed assets		385	514
Total expenditure for the year			284,656	312,984
Net income	before tax for the year		44,492	9,182
Net income	for the year		44,492	9,182

Bridges For Peace Balance Sheet at 31December	U.K. Ltd. 2021	U.K. Ltd. 2021	U.K. Ltd. 2021
Company No.	02728884			Notes	2021	2020
					f	f
Fixed assets
Tangible assets					1,153	1,538
					1,153	1,538
Current assets
Stocks				12	9,653	10,581
Debtors				13	2,247	500
Cash at bank and		in hand			102,854	59,091
					114,754	70,172
Creditors: Amount	falling due within one year			14	(5,014)	(5,309)
Net current assets					109,740	64,863
Total assets less current			liabilities		110,893	66,401
Net assets excluding		pension asset or liability			110,893	66,401
Total net assets					110,893	66,401
The funds ofthe charity
Restricted funds				15
Restricted income		funds			6,771	32,250
					6,771	32,250
Unrestricted funds				15
Genera I funds					104,122	34,151
					104,122	34,151
Reserves
Total funds					110,893	66,401

Income
Recognition		of		Income is included in the Statement of Financial Activities (SoFA) when the				charity
income				becomes entitled to, and virtually certain	to receive, the income and the		amount			of
				the income can be measured with sufficient reliability,
Income with		related		Where income has related expenditure the income and related expenditure				is
expenditure				reported gross in the SoFA.
Donations	and			Voluntary income received by way of grants, donations		and gifts is included		in	the
legacies				the SoFA when receivable and only when	the Charity has unconditional		entitlement
				to the income.
Tax reclaims		on		Income from tax reclaims is included in the SoFA at the		same time as the
donations	and		gifts	gift/donation to which it relates.
Donated services				These are only included in income (with an equivalent		amount in expenditure)
and facilities				where the benefit to the Charity is reasonably quantifiable, measurable and
				material.
Volunteer	help			The value of any volunteer help received	is not included	in the accounts.
Investment		income		This is included in the accounts when receivable.
Gains/(losses)			on	This includes any gain or loss resulting from revaluing investments to market value
revaluation		of	fixed	at the end ofthe year.
assets
Gains/(losses)			on	This includes any gain or loss on the sale	of investments.
investment		assets
Expenditure
Recognition		of		Expenditure is recognised on an accruals	basis. Expenditure includes any		VAT which
expenditure				cannot be fully recovered, and is reported	as part ofthe expenditure to which				it
				relates.
Expenditure		on		These comprise the costs associated with	attracting voluntary income, fundraising
raising funds				trading costs and investment management	costs.
Expenditure		on		These comprise the costs incurred by the	Charity in the	delivery of its activities			and
charitable	activities			services in the furtherance of its objects,	including the	making ofgrants and
				governance costs,
Grants payable				All grant expenditure is accounted for on	an actual paid	basis plus an accrual for
				grants that have been approved by the trustees at the end ofthe year but not					yet
				pa ICI.
Governance		costs		These include those costs associated with	meeting the	constitutional and	statutory
				requirements ofthe Charity, including any audit/independent examination				fees,
				costs linked to the strategic management	ofthe Charity, together with a		share		of
				other administration costs.
Other expenditure				These are support costs not allocated to a particular activity.

3 Statement of F	inancial	Activities - prior year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2020	2020	2020
Income and endowments		from:
Donations and	legacies		76,120	245,507	321,627
Investments			539		539
Total			76,659	245,507	322,166
Expenditure on:
Raising funds			22,366		22,366
Charitable activities			9,231	196,113	205,344
Other			85,274		85,274
Total			116,871	196,113	312,984
Net income			(40,212)	49,394	9,182
Transfers between	funds		28,823	(28,823)
Net income before gains/(losses)	other		(11,389)	20,571	9,182
Other gains and losses:
Net movement in funds			(11,389)	20,571	9,182
Reconciliation offunds:
Total funds brought	forward		45,540	11,679	57,219
Total funds carried	forward		34,151	32,250,	66,401

Income	from don	ations	and legacies
				Unrestricted	Restricted	Total	Total
						2021	2020
Ministry (Israel)	Greatest	Need			200,733	200,733	245,507
Ministry	Greatest	Need	(UK)	127,964		127,964	76,120
				127,964	200,733	328,697	321,627

						Unrestricted	Total	Total
							2021	2020
	Interest received					451	451	539
						451	451	539
6	Expenditure	on raising funds
						Unrestricted	Total	Total
							2021	2020
	Costs ofgenerating		voluntary
	income
	Ministry Greatest		Need (UK)			21,082	21,082	22,366
						21,082	21,082	22,366
7	Expenditure	on charitable		activities
					Unrestricted	Restricted	Total	Total
							2021	2020
	Expenditure	on charitable
	activities
	Ministry Greatest (Israel)		Need			173,985	173,985	196,113
	Promoting	BFP			1,948		1,948	9,231
	Governance	costs
					1,948	173,985	175,933	205,344

8	Other expenditure
			Unrestricted	Total	Total
				2021	2020
	Employee costs		48,170	48,170	46,509
	Motor and travel costs		3,077	3,077	4,104
	Premises costs		5,196	5,196	4,245
	Amortisation, depreciation,
	impairment, profit/loss	on	385	385	514
	disposal of fixed assets
	General administrative	costs	16,772	16,772	15,998
	Legal and professional	costs	14,041	14,041	13,904
			87,641	87,641	85,274
9	Net income before transfers
			2021		2020
	This is stated after charging:		f		f
	Depreciation ofowned	fixed assets	385		514
10	Staff costs
			2021		2020
	Salaries and wages		46,389		44,958
	Pension costs		652		691
			47,041		45,649

The average	monthly	during the year was as follows:
		2021	2020
		Number	Number
Management	&
administration

11	Tangible fixe	d assets
					Office
						Total
					equipment
	Cost or revaluation
	At 1January	2021			10,349	10,349
	At 31December 2021				10,349	10,349
	Depreciation	and impairment
	At 1January	2021			8,811	8,811
	Depreciation	charge for	the		385	385
	year
	At 31December 2021				9,196	9,196
	Net book values
	At 31December 2021				1,153	1,153
	At 31December 2020				1,538	1,538
12	Stocks
				2021		2020
				f		f
	Finished goods			9,653		10,581
				9,653		10,581
	Carrying value analysed		by activities	2021		2020
				f		f
	Ministry Greatest Need		(Israel)	9,653		10,581
				9,653		10,581
13	Debtors
				2021		2020
				f		f
	Other debtors			800		500
	Prepayments	and accrued income		1,447
				2,247		500
14	Creditors:
	amounts falling due within one year
				2021		2020
				f		f
	Trade creditors			589		757
	Other taxes and social security			3,249		3,376
	Accruals			1,176		1,176
				5,014		5,309

Movement	in funds
			Incoming
			resources			At 31
				Resources	Gross
		At 1January	(including other	expended	transfers	December 2021
		2021	gains/losses)
			f
Restricted funds:
Restricted	income funds:
Ministry Greatest Need
(Israel)		32,250	200,733	(173,985)	(52,227)	6,771
Total		32,250	200,733	(173,985)	(52,227)	6,771
Unrestricted	funds:
General funds		34,151	128,415	(110,671)	52,227	104,122
Total funds		66,401	329,148	(284,656)		110,893

16	Analysis ofne	t assets between funds
				Unrestricted
					Total
				funds
					f
	Fixed assets			1,153	1,153
	Net current assets			109,740	109,740
				110,893	110,893
17	Reconciliation	of net debt
					At 31
			At 1January		December
			2021	Cash flows	2021
			f	f	f
	Cash and cash	equivalents	59,091	43,763	102,854
			59,091	43,763	102,854
	Net debt		59,091	43,763	102,854

for the year ended	31Dec	emb	er 2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2021	2021	2021	2020
				f	f	f	f
Income and endowments		from:
Donations and legacies
Ministry Greatest	Need (Israel)				200,733	200,733	245,507
Ministry Greatest	Need (UK)			127,964		127,964	76,120
				127,964	200,733	328,697	321,627
Investments
Interest received				451		451	539
				451		451	539
Total income and endowments				128,415	200,733	329,148	322,166
Expenditure on:
Costs ofgenerating	donations		and
legacies
Ministry Greatest	Need (UK)			21,082		21,082	22,366
				21,082		21,082	22,366
Total ofexpenditure funds	on raising			21,082		21,082	22,366
Charitable activities
Ministry Greatest	Need (Israel)				173,985	173,985	196,113
Promoting BFP				1,948		1,948	9,231
				1,948	173,985	175,933	205,344
Total ofexpenditure activities	on charitable			1,948	173,985	175,933	205,344
Employee costs
Salaries/wages				46,389		46,389	44,958
Pension costs				652		652	691
Conferences & hospitality				870		870	831
Staff training				259		259	29
				48,170		48,170	46,509
Motor and travel costs
Travel and subsistence				3,077		3,077	4,104
				3,077		3,077	4,104
Premises costs
Rent				3,852		3,852	2,864
Premises insurances				433		433	416
Premises repairs	and			911			965
maintenance
				5,196		5,196	4,245

Bridges For Peace U.K. Ltd. Detailed Statement of Financial Activities
Genera I administrative costs,
including depreciation and
amortisation
Depreciation ofOffice equipment	385		385	514
Bank charges	2,371		2 371	2,562
Equipment leasing and hire charges	5,424		5,424	5,909
Software, ITsupport and related costs	1,532		1,532	1,355
Stationery and printing	4,422		4,422	3,669
Subscriptions	240		240	200
Sundry expenses	2,032		2,032	594
Telephone, fax and broadband	751		751	1,709
	17,157		17,157	16,512
Legal and professional costs
Audit/Independent examination fees	1,176		1,176	1,176
Accountancy and bookkeeping	12,825		12,825	12,728
Other legal and professional	40		40
costs
	14,041		14,041	13,904
Total ofexpenditure ofother costs	87,641		87,641	85,274
Total expenditure	110,671	173,985	284,656	312,984
Net gains on investments
Net income	17,744	26,748	44,492	9,182
Transfers between funds	52,227	(52,227)
Net income before other gains/(losses)	69,971	(25,479)	44,492	9,182
Other Gains
Net movement in funds	69,971	(25,479)	44,492	9,182
Reconciliation offunds:
Total funds brought forward	34,151	32,250	66,401	57,219
Total funds carried forward	104,122	6,771	110,893	66,401