||||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|number offull time equivalent|employees|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|