Brldges For Peace U.K. Ltd.
Charlty No. 1014411
Company No. 02728884
Trustees, Report and Unaudited Accounts
31 December 2023

Brldges For Peace U.K. Ltd.
Contents
Pa8e5
2to5
Tru5tees' Annual Report
Independent Examiner's Report
Statement of Flnancial Actlvltles
Summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
IOto17
Detailed Statement of Flnanclal Activities
18to19
Page I

Brldges For Peace U.IL Ltd.
Trustees Annual Report
The trustees, who are also dlrectors of the charlty for the purposes of the Companies Act 2006,
present their report with the unaudited financial statements of the charlty for the year ended 31
December 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 02728884
Charlty No. 1014411
Prlnclpal Office
Office 18 Maesteg Buslness Centre
Heol Ty Gwyn Industrlal Estate
Maesteg
CF34 OBQ
Registered Office
Office 18
Maesteg Buslness Centre
Heol Ty Gwyn Industrial Est.
Maesteg
CF34 OBQ
Directors and Trustee5
The Directors of the charitable company are its Trustees for the purposes of charity law.
The ft)Ilowing Directors and Trustees served durlng the year.
R. Bowyer
R. Brlmmer
P. Fast
R. Hlll
D, McDonald
S. Southall
J. Woodford
(Reslgned 28 AuEUSt 2023)
(Resigned 28 August 2023)
Accountsnts
Robert Cole & Co
Off ice 2 Uynfi Ent. Centre
Heol Ty Gwyn Ind. Estate
Maeste8
CF34 OBQ
Bankers
Barclays Bank PIC
48 Ststlon Road
Port Talbot
SA13 IU
Page 2

Brldges For Peace U.K. Ltd.
Trustees Annual Report
OBJECTWES AND AcfiviTIES
The purpose of the charity, as set out in its governing document. to maintain. advance and promote the
Christian Faith and for the advancement of educatlon by such means as the Company shall in its absolute
dlscretlon think fit, In furtherance of the foregoing objects but not further or otherwise the Charity shall have
the following powers: to promote the teachings of the Holy Scriptures as set out in the Bible with respect to
the speclal and contlnulng relatlonshlp between God and HIS chosen people Israel,. to promote and bulld
frlend5hlp between the Chrlstlan Church and the Jewlsh people and Israel and thereby bulld 'Brldge5 for
Peace" between them; and to show Chrlstian love by practical deeds done in the name of Jesus forthe
Jewish people and Israel.
The main activities undertaken in relation to those purposes was buildin8 relationships between Christian
and Jewlsh communltles and encouraglng concern for Israel. Th15 Wa5 achleved durlng the perlod under
review through the various Adoption and Rescue schemes. Project Tikvah and Ezra has continued to see
Christlans respondlng to the needs of European people of the Jewlsh falth wlshlng to return to Israel. In
addition we have supported the food bank in Jerusalem which supplles food and other necessities to families
in need. We distributed the bi-monthly magazine "Dispatch from Jerusalem" to over 900 subscribers, and the
monthlyteaching letter to Chr15tians on our mailing Ilst who Joln us to bless the Jewlsh people.
The maln actlvltles undertaken to further the charlty's purposes for the publlc beneflt.. The Charlty supports a
number of projects for the beneflt of the Jewlsh people and Israel, and some of the publlc benefits of these
projects are detailed below. The Trustees have had regard to the Charity Commi55ion's guidance on public
benefit in managing the actlvitles of the charity.
We have ralsed £338,065 In the UK, the majorlty of whlch was used In support of our Ezra Projects:
Feed a Child- This programme currently meets the needs of 340 children1200 in Belt Shemesh, 80 in Karmiel,
30 In Klrlat Ekron and 30 In Jerusaleml in 11 different schools (8 in Belt Shemesh, l in Karmiel, l in Kiriat
Ekron and I In Jeru5alem}.
Adoption Pro8ramme- During 2023 we assisted 5,051 familie5 and individuals in crisis through this
programme. Half of the families helped were from Karmiel while the remainder and all of the individuals
Iprimarlly Immlgrant students wlth no support system) were from Jerusalem. The adoptlon programme
provide5 a much needed safety net for new Immlgrants who are 5trug8llng to become fluent in Hebrew and
become established inlsrael. Each month we averaged 625 participants.
Food Bank. In 2023 BFP purchased and distributed 451.103 kg. of food, feeding an average of 24,240 people
per month. We gave direct aid through the Adopt an Israell Town Programme to 23 towns. We asslsted 61
agencles that distributed food for the needy in communities all over Israel, as well as six Christlan Arab
organisations. In addition, we distributed 1,108 blankets, 2,995 cheer baskets, 614 kitchen gifts. 1,051 Jewish
blbles and 2,144 school klts.
Immigrant Welcome Programme- In 2023, we dlstributed 1,108 blankets, 614 kitchen glfts, 2,144 school kits
and 1,051 Bibles, all as welcome gifts to new immlgrants as they made Israel their home. Since the inceptlon
of this programme in 2002, we have served 40,000 families, During 2023, Bridges for Peace welcomed 7,840
new Immigrant families, bringing the total who have come through Project Rescue, in conjunction with our
partner Ezra International, to 109,376.
Home Repair- Since the inception of the programme, over 1,688 jobs have been completed. The people who
work in the home repair team have had a unique opportunity to work in the Jewish community.
Page 3

Bridges For Peace U.K. Ltd.
Trustees Annual Report
Project Rescue- We helped 7,840 Jews Immigrate to Israel. bringing the total number of Jewish people we
have rescued" to 109,376. We also support soup kitchens in Ukraine and Siberia and provlded heaters,
medicine, clothing, and other needs for destitute Jewish people who cannot emigrate.
UK volunteers in Israel - Durlng 2023, we had one full-time volunteer In Israel.
Chr15tlan and Jewlsh relations in the UK. We were agaln able to attend and facilitate events through 2023,
attending speclal events, Jewlsh festlvals and Jewish Chrlstlan conferences.
aridges for Peace depends on the support of Its volunteers, which is much appreciated. Bridges for Peace had
I volunteer in Israel who donated 2,200 hours volunteering in the offices and food banks. The 3 UK
volunteers undertook 150 hours representlng, attendlng and marshalllng events on behalf of the Charlty over
the year. It is estimated that without the help of volunteers and representatlves, Brldges for Peace would
need to flnd £22,000 to obtain similar sekvices. The arrangements with volunteers are difficult to value
precisely in monetary terms and have not been recogni5ed in the Statement of Flnanclal Actlvltles. The
volunteers and the charity accept and agree that no contract of employment is created by these activities.
ACHIEVEMENTS AND PERFORMANCE
A summary of the maln achlevements of the charlty, Identifylng the dlfference the charlty's work has made
to its beneficiaries and society a5 a whole: During 2023 Bridges for Peace has endeavoured to promote the
Charlty across all parts Df the United Klngdom.
Feed a Chlld Programme currently meets the needs of 625 children in 11 schools. We are now in our second
decade of bringing hope to the Israeli children. UK donors help support on average 42 children each year. The
programme provides a hot meal every school day) textbooks, backpack, dentistry. school supplies and
partlclpatlon In all school outings, events and after school programmes.
The Adoption Program provldes a much-needed safety net for 98 families who are currently on the adoption
programme, including 45 students who are struggling to become fluent in Hebrew and established in Israel.
UK donors currently support 28 families and individuals in Israel.
In 2023, we distributed 2,995 cheer baskets in the land of Israel. The breakdown is as follows: 193 to children
and famllles on the programme, 469 Holocaust survlvors on their birthdays, 211 at Purim, 23 to mothers and
new-borns, and 1,582 welcome cheer baskets. UK donors have sent 100 cheer baskets to Israel.
In 2023, our food banks purchased and distributed a total of 451,659 kg1994,511 Ibs) of food, feeding an
average of 24,240 people per month. Direct aid was given to 23 communities through our Adopt an Israeli
Town Programme. The UK has 3 donors who support a town, and we asslsted 61 organlsations that distribute
food to the needy in communities all over15rael, as well as six Christian Arab or8an15atlons. UK donors
contributed £21,480 towards the programme.
FINANCIAL REVIEW
The Trustees consider the financial performance of the Charity during the year to have been satlsfactory.
Specific changes in fixed assets are detailed in the notes to the accounts. The board of trustees is satisfied
that the charity's assets In each fund are available and adequate to fulfil its obllgatlons in respect of each
fund. In 2023, Bridges for Peace wa5 able to sustaln our reserves and exceed our commltments to Brldges for
Peace International. We were able to transfer donations for the Ezra Projects in Israel and fulfil our donors
request.
Page 4

Brldges For Peace U.IL Ltd.
Trustees Annual Report
Pollcy on reserves: As an organlsatlon we asplre to hold at least three-months operatlng costs in reserves.
These will ensure that the overheads can continue to be met for several months even if there is a substantial
drop In donations. Restricted reserves are maintained for expendlture, at the dlscretlon of the Trustees, on
such projects that further the objectlves and actlvities of the charity,
The Trustees are not aware of any material uncertainties that will affect the charlty's ability to contlnue a5 a
golng concern.
2023 was a continued significant year for the office concerning the ongolng war in the Ukraine wlth Russla.
The Influx of refugees has decreased by 500h in 2023 from the Ukraine and surroundlng nations Jewish
communltles. Donatlons for the projects remalned strong and allowed Bridges for Peace international to
meet all thelr commitments to project5 and agencles. The October 7th attack on Israel changed the
landscape of our response overnight, we were able to commit resources very qulckly wlthln the first week to
the southj providing food and essential items held at our Jerusalem food bank. The UK office was requested
to purchase first aid equipment and flythem via EIAI to Tel Avlv and deliver to the south In the flrst 2 weeks,
8 suitcases weighing 200kg were dellvered. Bridges for Peace UK were able to deliver another 16 sultcases of
aid, weighing 600kg over 3 mDre fllghts.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The charity is constituted as a company Ilmlted by guarantee, reglstered underthe Companies Acts and
Incorporated In England & Wales. The governing document of the charity is the Memorandum and Articles of
Association establlshlng the company under company legislation. The governing document is dated 6 July
1992. There are no restrictions in the governing documents on the operation of the Charlty or on Its
Investment powers other than those imposed by Charity Law. By operation of law, all trustees are dlrectors
under the Companies Act 2006 and all directors are trustees under Charities legislation and have
responsibilities, as such. under both company 2nd charlty legislatlon. The trustees are all individuals.
The methods adopted for the recruitment and appolntment of new trustees: The trustees seek to appoint
additional Trustees whenever necessary following recommendations from existing Trustees or the Dlrectors,
A potential Trustee would be Invlted to attend Trustees, meetings as an observer for a few meetings, before
any decision is taken concerning their ongoing involvement as a Trustee. Potential Trustees are provlded wlth
all the relevant guides from the Charlty Commission before any appointment.
The Trustees are responsible for keeping proper accounting records that dlsclose wlth reasonable accuracy at
any tlme the flnanclal posltion of the charity and to enable them to ensure that the financlal Statements
comply with the Companles Act 2006. The Trustees are also responsible for safeguarding the a55ets of the
charity and hence taking reasonable steps for the preventlon and detection of fraud and ather Irregularltles.
The above report has been prepared in accordance wlth the provisions applicable to companies subject to
the small companies reglme as set out in Part 15 of the Companles Act 2006 and in accordance. wlth the
Charitles SORP IFRS 102).
Signed on behalf of the board
J. Woodford
Trustee
02 September 2024
Page 5

Brldges For Peace U.K. Ltd.
Independent Examlners Report
Independent Examiner's Report to the trustees of Brldges For Peace U.IL Ltd.
I report to the charity trustees on my examlnatlon of the flnanclal statements of Brldges For Peace U.K. Ltd.
for the year ended 31 December 2023.
Responsibilities and ba515 of report
As the charity's trustees of the company (and also its directors for the purposes of company law) you are
responslble for the preparatlon of the flnancSal statements in accordance wlth the requlrements of the
Companies Act 2006 ('the 2Q>06 Act.
Havlng satlsfled myself that the flnancial statements of the Charity are not required to be audlted under Part
16 of the 2006 Act and are eligible for Independent examlnatlon, I report in respect of my examlnatlon of
your charlty's flnancial statements as carried out under section 145 of the Charlties Act 2011 {'the 2011 Act'l.
In carrying out my examination I have followed the Dlrectlons glven by the Charity Commission under Section
145(51 (b) of the 2011 Act.
Independent examlner's ststement
As the charity's gr055 Income exceeded £250,000 your examiner must be a member of a body listed in
sertion 145 of the 2011 Act. I confirm that l am quallfled to undertake the examlnatlon because l am a
member of - Associatlon of Chartered Certified Accountsnts. which is one of the listed bodies.
I have completed my examination. I can confirm that no material matters have come to my attentlon In
connection with the examlnatlon givlng me cause to believe..
accounting record5 were not kept in accordance wlth sectlon 386 of the 2006 Act . or
the flnancial statements do not accord with those records; or
the financial statements do not comply with the accountlng requirements under section 396 of the 2006
Act other than any requirement that the financial statements give a 'true and falr, vlew which Is not a
matter consldered as part of an independent examination. or
the financial statements have not been prepared In accordance wlth the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charltles
preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and
Republlc of Ireland IFRS 102).
I have no concerns and have come across no other matters In connectlon with the examinatlon to whlch
attentlon Should be drawn in thls report in order to enable a proper unLler5tanding of the financial
statements to be reached.
Robert Roger Cole- A55oclatlon of Chartered
Certified Accountants
Robert Cole & Co
Office 2 Llynfi Ent. Centre
Heol Ty Gwyn Ind. Estate
Maesteg
CF34 OBQ
02 September 2024
Page 6

Brldges For Peace U.K. Ltd.
Statement of Financial Activities
for the year ended 31 December 2023
Unrestrlrted
funds
2023
Restrl¢ted
funds Total funds Totsl funds
2023
2023
2022
NDtes
Income and endowments
from:
Donations and legacles
Investments
84,477
765
252,823
337,aOO
765
322,440
486
Total
85,242
252,823
338,065
322,926
Expendlture on:
Raising funds
Charitable activities
other
34,359
13,611
93,459
34,359
203,143
93,459
26,256
212,979
100,676
189,532
Total
141,429
189,532
330,961
339,911
Net gains on investments
Net in¢ome/lexpenditure)
Transfers between funds
(56,1871
54,796
63,291
154,7961
7,104
116,985}
Net income/(expenditure)
before other galns/{losses)
(1.391}
8,495
7,104
116,985)
Other galns and10sses
Net movement In funds
11,391)
8,495
7,104
(16,985)
Reconclllatlon of funds:
Total funds brought forward
93.041
867
93,908
110,893
Total fvnds carrled forward
91.650
9,362
101,012
93,908
Page 7

Brfdges For Peace U.K. Ltd.
Summary Income and Expendlture Account
for the year ended 31 December 2023
2023
2022
Income
337,300
322,440
Interest and Investment income
765
Gross income for the year
Expenditure
338,065
322,926
330,744
339,622
Depreciation and charges for
Impalrment of flxed assets
217
289
Totsl expenditure for the year
Net income/lexpendlture) before tax
for the year
330,961
339,911
7,104
{16,9851
Net Income l(expendlture )for the year
7,104
{16,9851
Page 8

Brld8es For Peace U.K. Ltd.
Balance Sheet
at 31 December 2023
Company No. 02728884
Notes
2023
2022
Fjxed assets
Tanglble assets
11
647
647
864
864
Current assets
Stocks
Debtors
Cash at bank and In hand
12
11,678
3,770
103,302
118,750
{18,385)
100,365
9,524
6,845
84,876
101,245
18,2011
93,044
13
Credltors: Amount falllng due withln one year
Net current assets
14
Totsi assets less current Ilabllltles
101,012
101,012
93,908
Net assets excluding pension asset or liablllty
93,908
Total net assets
101,012
93,908
The funds of the charity
Restrlcted fvnds
Restricted inconie funds
15
9,362
9,362
867
867
Unrestrl¢(ed funds
General funds
15
91,650
93.041
91,650
93,041
Reserves
15
Total funds
101,012
93,908
These accounts have been prepared In accordance with the speclal provlslons of Part 15 of the Companies
Act 2006 relating to small companies.
For the year ended 31 December 2023 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audlt In accordance wlth sectSon 476 of the
Companies Act 2006,
The directors acknowledge their responslbllltles for complying with the requlrements of the Companles Act
2006 with respe¢( to accounting records and the preparation of accounts.
Approved by the board on 02 September 2024
And signed on Its behalf by:
R. Bowyer
Trustee
02 September 2024
Page 9

Bridges For Peace U.K. Ltd.
Notes to the Accounts
for the year ended 31 December 2023
l Accounting policies
Basls of preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charitles preparing their accounts In accordance wlth
the Financlal Reportlng Standard appllcable In the U K and Republic of Ireland (FRS 1021 (effective I
January 20151 {Charitie5 SORP (FRS 102)), the Financial Reporting Standard applicable In the UK and
Republlc of Ireland (FRS 1021 and the Companles Act 2006.
Change In basls of accountlng or to prevlous accounts
The flnanclal statements are presented in Sterling which is the functional currency of the charlty.
Monetary amounts In these flnanclal statements are rounded to the nearest pound. The slgnlflcant
accounting policie5 applied in the applicatlon of these flnanclal statements are set out below. These
policies have been consistently applied to all years presented unless otherwise ststed. No significant
Judgements have had to be made by the trustees In preparlng these flnancial statements. The trustees
are not aware of any materlal uncertalntles about the charity's ability to continue as a going concern.
Fund accountlng
Unrestricted funds These are avallable for use at the dlscretlon of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for partlcular purposes.
These are unrestricted f unds which Include a revaluatlon reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrlctlons Imposed by the donor or through
terms of an appeal.
Designated funds
Revaluatlon funds
Restricted funds
Page 10

Bridges For Peace U.K. Ltd.
Notes to the Accounts
Income
Recognltlon of
income
Income is included in the Statement of Flnanclal Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufflclent reliability.
Income wlth related Where Income has related expenditure the Income and related expendlture is
expendlture
reported 8ross in the SOFA.
Donatlons and
egacles
Voluntary income received by way of grants, donatlons and glfts Is Included In the
the SOFA when receivable and only when the Charlty has unconditlonal
entitlement to the income.
Tax reclalms on
Income from tax reclaims is included in the SOFA at the same time as the
donations and glfts gift/donatlon to which it relates.
Donated services
These are only included in income Iwlth an equlvalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantiflable, measurable and
materlal.
Volunteer help
The value of any volunteer help ￿CeIVed Is not included in the accounts.
Investment Income Thls Is Included in the accounts when recelvable.
Gains/(losses) on
This Includes any galn or loss resulting from revaluing investments to market value
revaluatlon of flxed at the end of the year,
assets
Gains/{losses) on
Investment assets
This includes any gain or loss on the sale of investments,
Expenditure
Recognition of
expenditure
Expenditure is recognlsed on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and 15 reported as part of the expendlture to which it
relates.
Expenditure on
These comprise the costs associated wlth attracting voluntary income, fundraising
ralsing funds
trading costs and investment management costs.
Expenditure on
These compr15e the cost5 incurred by the Charity in the delivery of Its activitie5 and
charltable actlvlties services in the furtherance of its objects, includlng the maklng of grants and
governance costs.
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 of the year but not yet
paid,
These include those costs assoclated with meetlng the constitutional and statutory
requirements of the Charity, including any audit/independent examlnation fees,
costs linked to the strategic management of the Charity, together with a Share of
other admlnistration costs.
These are 5UPPOrt costs not allocated to a particular activlty.
Grants payable
Governance costs
Other expenditure
Taxation
The charity Is exempt from corporation tax on Its charltable activlties.
Page 11

Bridges For Peace U.K. Ltd.
Notes to the Accounts
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rate5 in order to write off each asset over its estlmated
useful life:
Office equipment
20% Stralght line
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognlsed at falr
value which Is the amount the charity would have been willing to pay for the Items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equlvalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of flnanclal posltlon, bank overdrafts are shown wlthln borrowlngs or current liablllties.
In the Statement of Cash Flow5, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an Integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligatlon resultlng from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowlng for any trade dlscount5 due.
Leased assets
Where the charlty enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the rlsks and rewards of ownership to charity are classifled
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at theSr falr value at the
Inception of the lease or, If lower, at the present value of the mlnlmum lease payment5. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reductlon of the lease obligatlon so as to
achleve a constant rate of Interest on the remaining balance of the liablllty. Flnance expense5 are
recognlsed Immedlately, unless they are directly attrlbutable to quallfylng assets, In whlch case they are
capitalised in accordance with the charity's policy on borrowing cost5.
Assets held under finance leases are depreciated in the same way as owned assets.
Operatlng lease payments are recognised as an expense on a straight-line basls over the lease term.
In the event that lease incentives are received to enter Into operating leases, such incentives are
recognised as a liability. The aggregate benef it of incentives is recognised as a reduction of rental
expense on a stralght-llne basls.
Page 12

Bridges For Peace U.IL Ltd.
Notes to the Accounts
Penslon ¢osts
The charity operates a defined contrlbution plan for its ernployees. A def ined contrlbutlon plan is a
pension plan under which the company pays fixed contrlbutions into a separate entity. Once the
contrlbutions have been paid the company has no fvrther payments obligatlons. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown In accruals In the balance sheet.
The assets of the plan are held separately from the company In Independently administered funds.
2 Company ststus
The company is a private company limited by guarantee and consequently does not have share capltal.
The charlty Is a publlc beneflt entlty.
3 Statement of Flnancial Actlvltles - prlor year
Unrestrlcted
funds
2022
Restrlcted
funds Total funds
202Z
20ZZ
Income and endowments from:
Donatlons and legacies
Investments
86,791
486
235,649
322,440
486
Total
87,277
235,649
322,926
Expendlture on:
Ralslng funds
Charitable activities
26,256
29,053
100,676
26,256
212,979
100,676
183,926
Other
Total
155,985
183,926
339,911
Net income
168,708)
57,627
51,723
(16,9851
Transfers between funds
(57,6271
Net income before other
8alns/(losses)
Othergains and losse5:
Net movement In funds
111,0811
15,9041
(16,9851
111,0811
(5,9041
(16,985)
Reconclllatlon of funds:
Total funds brought forward
Total funds carrled forward
104,122
6,771
110,893
93,041
867
93,908
Page 13

Brldges For Peace U.IL Ltd.
Notes to the Accounts
4 Income from donations and legacles
Unrestrlcted
Restricted
Total
2023
Total
2022
Ministry Greatest Need
(Israel)
MlnSstry Greatest Need (UK
252,823
252,823
235,649
84,477
84,477
84,477
337,300
86,791
322,440
252,823
The above income Includes the following legacles recelved: 2023- R A Shaw (unrestricted funds) £1,000
& M Hutton (unrestricted funds) £5,06212022- £nil.
5 Income Irom Investments
Unrestricted
Totsl
2023
Total
2022
Interest received
765
765
486
765
765
486
6 Expendlture on raising funds
Unrestricted
Total
Total
2023
2022
Costs of generuting voluntary
income
Mlni5try Greatest Need IUKI
34,359
34,359
34.359
34,359
26,256
26,256
7 Expenditure on charltable actlvltles
Unrestricted
Restricted
Total
Total
2023
2022
Expendlture on choritable
activities
Mlnlstry Greatest Nèed
115raell
Promotlng BFP
Governance costs
189,532
189.532
183,926
13,511
13,611
29,053
13,611
189,532
203,143
212,979
Page 14

Bridges For Peace U.K. Ltd.
Notes to the Accounts
8 Other expenditure
Unrestrlcted
Total
2023
Total
2022
Employee costs
Motor and travel costs
42,044
10,84Q
6.286
42,044
10,840
6,286
55,474
9,527
6,353
Premlses Costs
Amortisatlon, depreclatlon,
impairment, profitlloss on
dlsposal of fixed assets
General administrative costs
217
217
289
23,227
10,845
93,459
23,227
10,845
93,459
17,100
11,933
I1)0,676
Legal and professlonal costs
9 Net income/(expendlture) before transfers
2023
2022
Thls Is stated after charEing:
Depreciation of owned fixed assets
217
289
10 Staff costs
2023
2022
Salaries and wages
Pension costs
40.415
673
53,460
852
41,088
54,312
No emplayee received emoluments in excess of £60,000.
No trustee, or persons connected with them, recelved any remuneration from the charity•
or any related entity.
The average monthly number of full time equivalent employees during the year was as follows:
2023
Number
2022
Number
Management &
administratlon
Page 15

Bridges For Peace U.K. Ltd.
Notes to the Accounts
11 Tangible fixed assets
Offlce
equlpment
Total
Cost or revaluatlon
At l January 2023
At 31 December 2023
Depre¢latlon and
impalmient
At l January 2023
Depreclatlon charge for the
year
At 31 December 2023
10,349
10,349
10,349
10,349
9,485
9,485
217
217
9,702
9,702
Net book values
At 31 December 2023
At 31 December 2022
12 Stocks
647
864
2023
2022
Finished goods
11,678
11,678
9,524
9,524
Carrylng value anal￿ed by actlvltles
2023
2022
Ministry Greatest Need115rael)
11,678
11,678
9,524
9,524
13 Debtors
2023
2022
Other debtors
Prepayments and accrued income
3,770
5,445
1,400
6,845
3,770
14 Credltors:
amounts falllng due wlthln one year
2023
2022
Trade creditor5
Other taxes and social security
Accruals
4,182
3,969
10,234
18,385
2,492
1,576
8,201
Page 16

Brldges For Peace U.K. Ltd.
Notes to the Accounts
15 Movement In funds
Incomlng
resources
At31
December
2023
Resources
expended
Gross
transfers
lincluding
At l January
other
2023 galnsllosses)
Restrl¢ted funds:
Restrlrted Income funds:
Ministry Greatest Need
Ilsrael)
867
252,823
1189,532)
(54,796)
9,362
Total
867
252,823
1189,5321
{54,796}
9,362
Unre5triLted funds:
General funds
93,041
85.242
(141,429}
54,796
91,650
Total funds
93.908
338,065
{330,961)
101,012
Purpose5 and restriction5 in relation to the funds..
Restricted funds:
Ministry Greatest Need
115rael)
16 Analysls of net assets between funds
Designated soclal and humanitarian causes In Israel
Unrestricted
funds
Total
Fixed assets
647
Net currp.nt assets
100,365
101,012
100,365
101,012
17 Reconciliation of net debt
At31
December
2023
At l January
2023
Cash flows
Cash and cash equivalents
84,876
84,876
18,426
18,426
103,302
103,302
Net debt
84,876
18,426
103,302
18 Related party dlsclosures
Controlling party
The company is Ilmited by guarantee and has no share capital; thus no slngle party controls the company.
There were no traiisactlons with related partles in the year.
Page 17

Brldges For Peace U.K. Ltd.
Detalled Statement of Flnanclal Activities
for the year ended 31 December 2023
Unrestrlcted
fvnds
2023
Restricted
funds Total f unds
2023
2023
Totsl fund$
2022
Income and endowments from:
Donations and legacies
Ministry Greatest Need Ilsrael)
Mlnlstry Greatest Need (UK)
252,823
252,823
84,477
337,300
235,649
86,791
322,440
84,477
84,477
252,823
Investments
I ntere5t received
765
765
765
765
486
486
Total Income and endowments
85,242
252,823
338,065
322,926
Expenditure on:
Costs of generating donations and
legacies
Ministry Greatest Need (UK
34,359
34,359
34,359
34,359
26,256
26,256
Total of expenditure on ralslng
funds
34,359
34,359
26,256
Charitable activities
Mlnlstry Greatest Need (Israel)
Promoting BFP
189,532
189,532
13,611
203,143
183,926
29,053
212,979
13,611
13,611
189,532
Total of expenditure on charitable
artlvltles
13,611
189.532
203,143
212,979
Employee costs
Salaries/wages
Pension costs
Conferences and hospitality
40,415
673
40,415
673
956
42,044
53,460
852
956
42,044
1,162
55,474
Motor and travel costs
Travel and subslstence
10,840
10,840
10,840
10,840
9,527
9,527
Premises costs
Rent
Premlses Insurances
Prem15es repalrs and
maintenance
4,741
484
4,741
484
4,741
461
1,061
I,osi
1,151
6,286
6,286
6,353
Page 18

Bridge5 For Peace U.K. Ltd.
Oetalled Statement of Flnanclal Activities
General admlnlstratlve costs,
including depreciation and
amortlsatlon
Depreciation of Office equlpment
Bank charges
Equlpment leasing and hire
charges
Software, IT support and related
costs
217
217
289
2,879
2,879
2,853
10,341
10,341
4,097
2,313
2,368
2,313
Statlonery and prlnting
Subscriptlons
Sundry expenses
Telephone, fax and broadband
4,795
120
1,111
1,668
23,444
4,795
120
4,172
146
1,111
1,668
23,444
1,994
1,470
17,389
Legal and professional costs
Audit/lndependent examination
fees
1,176
1,176
1,176
Accountancy and bookkeeping
Other legal and professlonal
costs
9,629
9,629
10,717
10,845
10,845
11,933
Total of expenditure of other costs
Total expenditure
Net gains on investments
93,459
93,459
100,676
141,429
189,532
330,961
339,911
Net In¢ome/(expendlture)
Transfers between funds
{56,187)
63,291
7,104
{16,985)
54,796
154,7961
Net Incomellexpenditure) before
other galnsl(105ses)
Other Galns
11,3911
8,495
7,104
(16,985)
Net movement in funds
(1,3911
8,495
7,104
{16,985)
Reconclllatlon of funds:
Total funds brought forward
93,041
867
93,908
110,893
Total funds carrled forward
91,650
9,362
101,012
93,908
Page 19