``` REGISTERED CHARITY NUMBER: 1024814 ``` ## **`REPORT OF THE TRUSTEES AND`** ## **`UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 FOR`** ## **`BRITISH FRIENDS OF THE SARAH HERZOG`** ## **`MEMORIAL HOSPITAL`** ``` Nagler Simmons Chartered Accountants ``` ``` 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022`** ||`Page`| |---|---| |`Report of the Trustees`|`1 to 2`| |`Independent Examiner's Report`|`3`| |`Statement of Financial Activities`|`4`| |`Balance Sheet`|`5`| |`Notes to the Financial Statements`|`6 to 9`| |`Detailed Statement of Financial Activities`|`10`| ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022`** ``` Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended 31 December2022.The trusteeshaveadoptedthe provisionsof the Statementof Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS`** ## **`Registered Charity number`** ``` 1024814 ``` ## **`Principal address`** ``` 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ## **`Trustees`** ``` Mr. J. Lauffer Mr. S. Forman Ms R Goldberg Dr M B Fertleman ``` ## **`Independent examiner`** ``` Nagler Simmons Chartered Accountants 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` The BritishFriendsof the SarahHerzogMemorialHospital(the Charity)is constitutedby the Declaration of Trust executed on 8th July 1993. ``` ## **`Recruitment and appointment of new trustees`** ``` TheBoardofTrusteesisauthorisedtoappointneworadditionaltrusteesbydeeddated4th September 2003. ``` ## **`Risk management`** ``` Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandto ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` ItsobjectistopromoteandprovidefinancialassistancefortheworkcarriedoutbytheHerzog Hospital (theHospital)in Jerusalem.In planningthecharitiesactivities,thetrusteeshavehadregardtothe Charity Commission guidance on public benefit. ``` ``` Page 1 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022`** ## **`OBJECTIVES AND ACTIVITIES`** ## **`Significant activities`** ``` TheHospital,formerlytheEzrathNashimHospital,wasoriginaldesignedandbuilttoprovidefor the custodialcareof patientssufferingfrommentalillness.Overthe last4 decades,the growthin the number andpropositionofoldermembersofthecommunityhascreatedanincreasingneedfortheprovision of geriatric care as well as respiratory care. ``` ``` Thecalls,inrecentyears,ontheTraumaCentreasaresultofterroristattackshavealsobeena heavy burdenontheHospital'stherapistsnecessitatingexpansionoftheTraumaCentre.Becauseofthe growth in populationand increaseddemandson the hospital,overthe lastfew yearsthe Hospitalconstructed the new SamsonWing which was essentiallycompletedduring the year. The funding of the refurbishments and additiontothebuildingscontinuesandisdependentongrantsfromthecharityandother friends throughout the world. ``` ``` ThePeaceofMindProjectisdesigned,tohelptheresettlingintonormalcivilianlifeofformer soldiers discharged from army service. The Hospital operates this program through the Trauma Centre. ``` ``` Duetoincreaseddemand,theChildren'sRespiratoryCareUnitisnowoperatingatcapacityandcan no longeracceptanyadditionalchildren.WiththehelpoftheUKraisedfunds,wehavetargetedto enlarge the unit and help more children and their families. ``` ``` Approved by order of the board of trustees on 28 July 2023 and signed on its behalf by: ``` ``` Mr. J. Lauffer - Trustee ``` ``` Page 2 ``` ## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH FRIENDS OF THE SARAH HERZOG`** ## **`MEMORIAL HOSPITAL`** ``` I report on the accounts for the year ended 31 December 2022, which are set out on pages four to nine. ``` ## **`Responsibilities and basis of report`** ``` Asthecharity'strusteesyouareresponsibleforthepreparationoftheaccountsinaccordancewith the requirements of the Charities Act 2011 ('the Act'). ``` ``` I have examinedyourcharity'saccountsas requiredunder section145 of the CharitiesAct 2011('the Act'). IncarryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommission under section 145(5)(b) of the 2011 Act. ``` ``` My role is to state whether any material matters have come to my attention giving me cause to believe: ``` `1. that accounting records were not kept as required by section 130 of the Act; or` `2. that the accounts do not accord with those records; or` `3. that the accounts do not comply with the accounting requirements of the Act; or` `4. that there is further information needed for a proper understanding of the accounts.` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexaminationandhavenoconcernsinrespectofthematters(1)to(4)listed above and,inconnectionwithfollowingtheDirectionsoftheCharityCommissionIhavefoundnomatters that require drawing to your attention. ``` ``` Paul Simmons FCA ICAEW Nagler Simmons Chartered Accountants 5 Beaumont Gate Shenley Hill Radlett WD7 7AR ``` `Date: .............................................` 1st August 2023 ``` Page 3 ``` ## **`BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL`** ## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`INCOMING RESOURCES`**
**`Incoming resources from generated funds`**
`Voluntary income`
`473,808`
`-`
**`Other incoming resources`**
`92`
`-`
**`RESOURCES EXPENDED`**
**`Costs of generating funds`**
`Costs of generating voluntary income`
`2`
`11,490`
`-`
`Fundraising trading: cost of goods sold and`
`other costs`
`14,196`
`-`
**`Charitable activities`**
`Grants paid`
`753,497`
`-`
**`Governance costs`**
`1,320`
`-`
**`Other resources expended`**
`35`
`-`
**`Total resources expended`**
`780,538`
`-`
**`NET INCOMING/(OUTGOING) RESOURCES`**
`(306,638)`
`-`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`425,860`
`-`
**`TOTAL FUNDS CARRIED FORWARD`**
`119,222`
`-`|`31.12.22`
`Total`
`funds`
`£`
`473,808`
`92`
`11,490`
`14,196`
`753,497`
`1,320`
`35`
`780,538`
`(306,638)`
`425,860`
`119,222`|`31.12.21`
`Total`
`funds`
`£`
`508,100`
`-`
`11,591`
`-`
`189,881`
`1,200`
`384`| |---|---|---| |||`203,056`| |||`305,044`
`120,816`| |||`425,860`| ## **`CONTINUING OPERATIONS`** ``` All incoming resources and resources expended arise from continuing activities. ``` ``` The notes form part of these financial statements ``` ``` Page 4 ``` ## **`BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL`** ## **`BALANCE SHEET`** ## **`AT 31 DECEMBER 2022`** |`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`CURRENT ASSETS`**
`Cash at bank`
`120,542`
`-`
**`CREDITORS`**
`Amounts falling due within one year`
`5`
`(1,320)`
`-`
**`NET CURRENT ASSETS`**
`119,222`
`-`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`119,222`
`-`
**`NET ASSETS`**
`119,222`
`-`
**`FUNDS`**
`6`
`Unrestricted funds`
**`TOTAL FUNDS`**|`31.12.22`
`Total`
`funds`
`£`
`120,542`
`(1,320)`
`119,222`
`119,222`
`119,222`
`119,222`
`119,222`|`31.12.21`
`Total`
`funds`
`£`
`427,060`
`(1,200)`
`425,860`
`425,860`
`425,860`
`425,860`
`425,860`| |---|---|---| ``` ThefinancialstatementswereapprovedbytheBoardofTrusteeson28July2023andweresignedon its behalf by: ``` ``` Mr. J. Lauffer -Trustee ``` ``` Mr. S. Forman -Trustee ``` ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022`** ## **`1. ACCOUNTING POLICIES`** ## **`Accounting convention`** ``` The financialstatementshavebeenpreparedunderthe historicalcostconvention,the Charities Act 2011andtherequirementsoftheStatementofRecommendedPractice,Accountingand Reporting by Charities. ``` ## **`Incoming resources`** ``` AllincomingresourcesareincludedontheStatementofFinancialActivitieswhenthecharity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ``` ## **`Resources expended`** ``` Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedto particular headings they have been allocated to activities on a basis consistent with the use of resources. ``` ``` Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a commitment but not accrued as expenditure. ``` ## **`Taxation`** ``` The charity is exempt from tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the trustees. ``` ``` Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity. Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial statements. ``` ## **`2. COSTS OF GENERATING VOLUNTARY INCOME`** |||`31.12.22`|`31.12.21`| |---|---|---|---| |||`£`|`£`| ||`Support costs`|`11,490`|`11,591`| |**`3.`**|**`GRANTS PAYABLE`**||| |||`31.12.22`|`31.12.21`| |||`£`|`£`| ||`Grants paid`|`753,150`|`189,881`| ``` Page 6 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022`** ## **`3. GRANTS PAYABLE - continued`** ``` The total grants paid to institutions during the year was as follows: ``` ||`31.12.22`|`31.12.21`| |---|---|---| ||`£`|`£`| |`Ezrath Nashim Herzog Hospital`|`753,150`|`189,881`| ## **`4. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2022 nor for the year ended 31 December 2021. ``` ## **`Trustees' expenses`** ``` There were no trustees'expensespaid for the year ended 31 December2022nor for the year ended 31 December 2021 . ``` ## **`5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** ||`31.12.22`|`31.12.21`| |---|---|---| ||`£`|`£`| |`Other creditors`|`1,320`|`1,200`| ## **`6. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
`r`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement in`
`At 1.1.22`
`funds`
`At 31.12.22`
`£`
`£`
`£`
`425,860`
`(306,638)`
`119,222`
`425,860`
`(306,638)`
`119,222`
`Incoming`
`Resources`
`Movement`
`esources`
`expended`
`in funds`
`£`
`£`
`£`
`473,900`
`(780,538)`
`(306,638)`
`473,900`
`(780,538)`
`(306,638)`| |---|---| ``` Page 7 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022`** ## **`6. MOVEMENT IN FUNDS - continued`** ## **`Comparatives for movement in funds`** |**`Unrestricted Funds`**
`General fund`
**`TOTAL FUNDS`**
`Comparative net movement in funds, included in the above ar`
`r`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement in`
`At 1.1.21`
`funds`
`At 31.12.21`
`£`
`£`
`£`
`120,816`
`305,044`
`425,860`
`120,816`
`305,044`
`425,860`
`e as follows:`
`Incoming`
`Resources`
`Movement`
`esources`
`expended`
`in funds`
`£`
`£`
`£`
`508,100`
`(203,056)`
`305,044`
`508,100`
`(203,056)`
`305,044`|`31.12.21`
`£`| |---|---|---| |||`425,860`| |||| |||| |||| |||`425,860`| |||| |||| |||| |||`£`| |||| |||`305,044`| |||| |||| |||| |||`305,044`| |||| |||| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Net`
`movement in`
`At 1.1.21`
`funds`
`At`
`£`
`£`
`120,816`
`(1,594)`
`120,816`
`(1,594)`|`31.12.22`
`£`
`119,222`| |---|---|---| |||`119,222`| ``` Page 8 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022`** ## **`6. MOVEMENT IN FUNDS - continued`** ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in the above are as follows: ``` |`r`
**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`esources`
`expended`
`in funds`
`£`
`£`
`£`
`982,000`
`(983,594)`
`(1,594)`
`982,000`
`(983,594)`
`(1,594)`| |---|---| ``` Page 9 ``` ``` BRITISH FRIENDS OF THE SARAH HERZOG MEMORIAL HOSPITAL ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES`** ## **`FOR THE YEAR ENDED 31 DECEMBER 2022`** |**`INCOMING RESOURCES`**
**`Voluntary income`**
`Donations, grants, & legacies`
`Gift aid`
**`Other incoming resources`**
`Interest received`
**`Total incoming resources`**
**`RESOURCES EXPENDED`**
**`Fundraising trading: cost of goods sold and other costs`**
`Fund Raising Events`
**`Charitable activities`**
`Grants to institutions`
**`Governance costs`**
`Accountancy`
**`Support costs`**
**`Management`**
`Postage and stationery`
`Advertising`
`Consultancy fee`
**`Finance`**
`Bank charges`
**`Other`**
`Sundries`
**`Total resources expended`**
**`Net (expenditure)/income`**|`31.12.22`
`£`
`452,773`
`21,035`
`473,808`
`92`
`473,900`
`14,196`
`753,150`
`1,320`
`-`
`160`
`11,490`
`11,650`
`187`
`35`
`780,538`
`(306,638)`|`31.12.21`
`£`
`494,433`
`13,667`| |---|---|---| |||`508,100`
`-`| |||`508,100`
`-`
`189,881`
`1,200`
`178`
`144`
`11,447`| |||`11,769`
`171`
`35`| |||`203,056`| |||`305,044`| ``` This page does not form part of the statutory financial statements ``` ``` Page 10 ```