OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Pages
Trustees'
Annual
Report
2to5
Independent
Examiner's
Report
Statement
of Financial
Activities
Summary
Income and Expenditure
Account
Balance Sheet
Notes tothe Accounts 10to 17
Detailed Statement
of Financial Activities
18to 19

for the year ended 31Decem ber 2022
Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
Notes f f E f
Income and endowments
from:
Donations and legacies 86,791 235,649 322,440 328,697
Investments 486 486 451
Total 87,277 235,649 322,926 329,148
Expenditure on:
Raising funds 26,256 26,256 21,082
Charitable activities 29,053 183,926 212,979 175,933
Other 100,676 100,676 87,641
Total 155,985 183,926 339,911 284,656
Net gains on investments
Net (expenditure)/Income (68,708) 51,723 (16,985) 44,492
Transfers
between
funds
57,627 (57,627)
Net (expenditure)/income
before other gains/(losses)
(11,081) (5,904) (16,985) 44,492
Other gains and losses
Net movement
In funds
(11,081) (5,904) (16,985) 44,492
Reconciliation
offunds:
Total funds brought
forward
104,122 6,771 110,893 66,401
Totalfunds
carried forward
93,041 867 93,908 110,893
2022 2021
E f
Income 322,440 328,697
Interest and investment income 486 451
Gross Income for the year 322,926 329,148
Expenditure 339,622 284,271
Depreciation and charges for
impairment offixed assets 289 385
Total expenditure for the year 339,911 284,656
Net (expenditure)/income before tax
forthe year (16,985) 44,492
Net (expenditure )/income for the year (16,985) 44,492

Bridges For Peac
Balance Sheet
at 31December
e U.K. Ltd.
2022
e U.K. Ltd.
2022
e U.K. Ltd.
2022
Company
No.
02728884 Notes 2022 2021
6
Fixed assets
Tangible assets 11 864 1,153
864 1,153
Current assets
Stocks 12 9,524 9,653
Debtors 13 6,845 2,247
Cash at bank and in hand 84,876 102,854
101,245 114,754
Creditors: Amount falling due within one year 14 (8,201) (5,014)
Net current assets 93,044 109,740
Total assets less current liabilities 93,908 110,893
Net assets excluding pension asset or liability 93,908 110,893
Total net assets 93,908 110,893
The funds ofthe charity
Restricted funds 15
Restricted
income
funds 867 6,771
867 6,771
Unrestricted
funds
15
General funds 93,041 104,122
93,041 104,122
Reserves 15
Total funds 93,908 110,893

s to the Acc
Income
ou nts
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 ofany 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
ofits 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
paid.
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.

Unrestricted Restricted
funds funds Total funds
2021 2021 2021
Income and endowments from:
Donations
and
legacies 127,964 200,733 328,697
Investments 451 451
Total 128,415 200,733 329,148
Expenditure
on:
Raising funds 21,082 21,082
Charitable
activities
1,948 173,985 175,933
Other 87,641 87,641
Total 110,671 173,985 284,656
Net income 17,744 26,748 44,492
Transfers
between
funds 52,227 (52,227)
Net income before
gains/(losses)
other 69,971 (25,479) 44,492
Other gains and losses:
Net movement
In funds
69,971 (25,479) 44,492
Reconciliation
offunds:
Total funds brought forward 34,151 32,250 66,401
Total funds carried forward 104,122 6,771 110,893

Income from don ations and legacies
Unrestricted Restricted Total Total
2022 2021
E E E
Ministry
(Israel)
Greatest Need 235,649 235,649 200,733
Ministry Greatest Need (UK) 86,791 86,791 127,964
86,791 235,649 322,440 328,697

Unrestricted Total Total
2022 2021
Interest received 486 486 451
486 486 451
6 Expenditure on raising funds
Unrestricted Total Total
2022 2021
Costs ofgenerating voluntary
income
Ministry Greatest Need (UK) 26,256 26,256 21,082
26,256 26,256 21,082
7 Expenditure on charitable activities
Unrestricted Restricted Tote I Total
2022 2021
Expenditure on charitable
activities
Ministry Greatest
(Israel)
Need 183,926 183,926 173,985
Promoting BFP 29,053 29,053 1,948
29,053 183,926 212,979 175,933

8 Other expenditure
Unrestricted Total Total
2022 2021
Employee costs 55,474 55,474 48,170
Motor and travel costs 9,527 9,527 3,077
PremiSes costs 6,353 6,353 5,196
Amortisation,
depreciation,
impairment,
profit/loss
on 289 289 385
disposal offixed assets
General administrative costs 17,100 17,100 16,772
Legal and professional costs 11,933 11,933 14,041
100,676 100,676 87,641
9 Net (expenditure)/income before transfers
2022 2021
This Is stated after charging: f 6
Depreciation
ofowned
fixed assets 289 385
10 Staff costs
2022 2021
Salaries and wages 53,460 46,389
Pension costs 852 652
54,312 47,041
No employee
received
emoluments in excess off60,000.
No trustee, or persons connected with them, received any remuneration
from the charity,
or any related entity.
The average
monthly
number offull time equivalent employees during the year was as follows:
2022 2021
Number Number
Management
&
administration
11 Tangible fixed assets
Office
Total
equipment
Cost or revaluation
At 1January 2022 10,349 10,349
At 31December 2022 10,349 10,349
Depreciation
and
impairment
At 1January 2022 9,196 9,196
Depreciation
charge for
the 289 289
year
At 31December 2022 9,485 9,485
Net book values
At 31December 2022
At 31December 2021 1,153 1,153
12 Stocks
2022 2021
f
Finished goods 9,524 9,653
9,524 9,653
Carrying
value analysed
by activities 2022 2021
6 f
Ministry Greatest Need (Israel) 9,524 9,653
9,524 9,653
13 Debtors
2022 2021
6 f
Other debtors 5,445 800
Prepayments
and accrued income
1,400 1,447
6,845 2,247
14 Creditors:
amounts
falling due within one year
2022 2021
6 6
Trade creditors 2,492 589
Other taxes and social security 4,133 3,249
Accruals 1,576 1,176
8,201 5,014

Incoming
resources At 31
Resources Gross
At 1January (Including
other
expended transfers December
2022
2022 gains/losses)
6
Restricted funds:
Restricted Income funds:
Ministry Greatest Need
(Israel) 6,771 235,649 (183,926) (57,627) 867
Total 6,771 235,649 (183,926) (57,627) 867
Unrestricted funds:
General funds 104,122 87,277 (155,985) 57,627 93,041
Total funds 110,893 322,926 (339,911) 93,908
16 Analysis ofnet assets between
funds
Unrestricted
Total
funds
f
Fixed assets 864 864
Net current assets 93,044 93,044
93,908 93,908
17 Reconciliation ofnet debt
At 31
At 1January December
2022 Cash Rows 2022
f f f
Cash and cash equivalents 102,854 (17,978) 84,876
102,854 (17,978) 84,876
Net debt 102,854 (17,978) 84,876

for the year ended 31D ecemb er 2022
Unrestricted Restricted
funds funds Total funds Total funds
2022 2022 2022 2021
E E 6 f
Income and endowments from:
Donations
and legacies
Ministry Greatest Need (Israel) 235,649 235,649 200,733
Ministry Greatest Need (UK) 86,791 86,791 127,964
86,791 235,649 322,440 328,697
Investments
Interest received 486 486 451
486 486 451
Total income and endowments 87,277 235,649 322,926 329,148
Expenditure
on:
Costs ofgenerating donations and
legacies
Ministry Greatest Need (UK) 26,256 26,256 21,082
26,256 26,256 21,082
Total ofexpenditure
funds
on raising 26,256 26,256 21,082
Charitable
activities
Ministry Greatest Need (Israel) 183,926 183,926 173,985
Promoting
BFP
29,053 29,053 1,948
29,053 183,926 212,979 175,933
Total ofexpenditure
activities
on charitable 29,053 183,926 212,979 175,933
Employee costs
Salaries/wages 53,460 53,460 46,389
Pension costs 852 852 652
Conferences
and
hospitality 1,162 1,162 870
Staff training 259
55,474 55,474 48,170
Motor and travel costs
Travel and subsistence 9,527 9,527 3,077
9,527 9,527 3,077
Premises costs
Rent 4,741 4,741 3,852
Premises
insurances
461 461 433
Premises
repairs
maintenance
and 1,151 1,151 911
6,353 6,353 5,196

General administrative
cos
ts,
including
depreciation
and
amortisation
Depreciation
ofOffice equipment
289 289 385
Bank charges 2,853 2,853 2,371
Equipment
leasing and hire
charges
4,097 4,097 5,424
Software,
ITsupport
and
costs
related 2,368 2,368 1,532
Stationery
and printing
4,172 4,172 4,422
Subscriptions 146 146 240
Sundry expenses 1,994 1,994 2,032
Telephone,
fax and broadband
1,470 1,470 751
17,389 17,389 17,157
Legal and professional
costs
Audit/Independent
examination
fees
1,176 1,176 1,176
Accountancy
and bookkeeping
10,717 10,717 12,825
Other legal and professional 40 40 40
costs
11,933 11,933 14,041
Total ofexpenditure
ofother costs
100,676 100,676 87,641
Total expenditure 155,985 183,926 339,911 284,656
Net gains on Investments
Net (expenditure)/income (68,708) 51,723 (16,985) 44,492
Transfers
between
funds
57,627 (57,627)
Net (expenditure)/Income
other gains/(losses)
before (11,081) (5,904) (16,985) 44,492
Other Gains
Net movement
in funds
(11,081) (5,904) (16,985) 44,492
Reconciliation
offunds:
Total funds brought
forward
104,122 6,771 110,893 66,401
Total funds carried forward 93,041 867 93,908 110,893