Charlty registration number 1058068 (England and Wales EBENEZERAID FUND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Caladine Chartered Certified Accovntants EBENEZERAID FUND LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr N Coates Mr J Holloway Mr P Newdick Charity number (England and Wales) 1058068 Prlnclpal addres8 Ebenezer House 5a Poole Road Boumemouth BH2 5QJ Independent oxamlner John Caladine FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN211BF Banker8 Lloyds Bank plc 45-57 Old Christchurch Road Boumemouth Dorset BH1 1ED CAF Bank Ltd 25 Kings Hill Vlest Malling Kent ME19 4JQ Kingdom Bank Ltd Media House Padge Road Beeston Nottingham NG9 2RS Sollcltors Lester Aldridge Mountbatten House Grosvenor Square Southampton Harnpshire S015 2JU EBENEZERAID FUND CONTENTS Page Trustees, report Independent examinerf8 report statement of financial actlvities ststement of financial position Notes to the financial statements 6-14 EBENEZERAID FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's trust deed, the Charities Act 2011 and "Accounts'ng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). ObJ8ctlves and actlvftles The objects of the trust are.. a) To advance religion by means of promotlng awareness among Christs'an people of their Jewlsh heritage and of God's ongoing purposes for the Jewish people, and of Christian involvement in the fulfilment of those purpos8s and other ways to promote the Christian faith, with particular regard to its Jewish heritage and origins as the trustees may from time to time think fit both in the United Kingdom and elsewhere. b) To relieve persons in conditions of need or hardship who are aged or slck and to relieve the distress caused thereby particularly (though not exclusively) amongst Jewish people in the former states of the Soviet Union and elsewhere a5 the trustees may from time to time think fit. c) To assist Jewish people in the territories of the former Soviet Union {fSU) and elsewhere to emigrate to the State of Israel thereby relieving need and improving living conditions of such persons and also fulfilling the religious purposes within sub-clause (a) hereof and to assist such persons with their estsblishment within the State of Israel. d) To assist Jewish people in the territories of the former Soviet Union and elsewhere who are eX￿rIencing racial, religious, or other oppression or persecution to emigrate to and be established in the state of Israel. In order to fuffil these objectives, the Ebenezer Aid Fund works closely with the associated Ebenezer Emergency Fund, and a not for profrt company, Ebenezer Emergency Fund International, both of which are activety involved in assisting the Jewish people to immigrate to the State of Israel. Public benefit The trustees have paid due regard to guidance on public benefit issued by the Charty Commission in deciding what activities the charity should undertake. The trustees always ensure that the programmes undertaken are in line with the charitable aims and objectives, and meet the public benefit requirements. Achlevèments and performance During the year Ebenezer Aid Fund contributed £239,312 to Ebenezer Emergency Fund International (2023: £200,000) for distribution to various humanitarian causes. The remainlng £30,000 of grants awarded In the year were made to Youth Aliyah Child Rescue (2023.. £30,450). Flnancial revlew Totsl income during the year amounted to £298,502 (2023.. £340.630). Total spending was £310,735 (2023: £261,839. Total unrestricted funds at the year end amounted to £329,060 {2023". £341,273). Reserves polKy It is the policy of the charity to retain sufficient free reserves of approximately £50.000 and to create a designated fund of around 6 months of the proceeding years budget for 'Grants payable for EEFI,. Unrestricted funds were above this level at the end of the year. Structure, governance and management The charity was fomied as an unincorporated trust under a trust deed dated 18 August 1996 registered with the Charity Commission on 16 September 1996 (charty number". 1058068). EBENEZERAID FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees who served during the year and up to the date of signature of the financial statements were.. Mr N Coates Mr J Holloway Mr P Newdick Mr R Langston (Resigned 28 August 2024) Recruitmant and appointment of Imstees Under the terms of the trust deed there must be a minimum of three trustees. As set out in the trust declaration new trustee may be appointed by a resolution at a trustee meeting. The trustees may also from time to time appoint Some persons to act as honorary secretary or treasurer of the trust and such persons may be (but not need be) trustees. OnJanis8tional stwcture The trustees delegate day to day management of overseeing the finances to Alison Eastwood alongside Elizabeth Webb. Alison Eastwood is the UK National Director and employee of Ebenezer Emergency Fund and Elizabeth Webb is a registered member of the AAT. Induction and trdining oftrnstees New trustees are given the appropriate training and guidance to enable them to fulfil their role and are informed of all necessary obligations. Relationship with relatedparties The charity has a close relationship with both Ebenezer Emergency Fund and Ebenezer Emergency Fund International who have similar objectives. Through these relationships we have been able to develop the work within the UK and effectively assist in the provision of humanitarian aid in the fsu, Isrdel and elsewhere in line with the charity's objectives. Related party transactions are detailed In note 20. The trustees. report was approved by the Board of Trustees. Trustee 21 May 2025 EBENEZERAID FUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EBENEZER AID FUND I report to the trustees on my examination of the financial statements of Ebenezer Aid Fund (the charity) for the year ended 31 December 2024. Responslblllties and basls of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the CharitiesAct 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5>(b) of the Charities Act 2011. Independent examlnerfs statament Since the charity's gross income exceeded £250,000, the independent examiner must be a member of a body Ilsted in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. Your attention is drawn to the fact that the charty h85 prepared the financlal statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulalions but has now been withdrawn. l understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice. I have completed my examination. I confirm that no matters have come to my attenkn'on in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011, the financial statements do not accord with those records- or the financial statements do not comply with the applicable requirements concernlng the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which Is not a matter considered as part of an independent examlnation. I have no concems and have come across no other matters in connection wlth the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. John Caladlne FCCA CTA FCIE Caladine Limited Chantry House 22 Upperton Road Eastbourne East Sussex BN21 1 BF 21 May 2025 EBENEZERAID FUND STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrfcted Restrlctsd funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies Investments 261,705 6,425 30,372 292.077 6,425 295,570 2,336 42,724 338,294 2,336 Total Income 268,130 30,372 298.502 297,906 42,724 340,830 Expendlture on: Raising funds Charitable activities 508 279.855 508 310,227 1,970 216,945 1,970 259,669 30,372 42,724 Total expondlture 280,363 30,372 310,735 218,915 42,724 261,639 Net gain81(losses) on investments 11 20 20 20 20 Net Incomellexpendlture) and movement In funds (12,213) (12,213) 79,011 79,011 Reconclllatlon of funds: Fund balances at 1 January 2024 341,273 341,273 262,262 262,262 Fund balances at 31 December 2024 329,060 329,080 341,273 341,273 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. EBENEZERAID FUND STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 Notss Flxed assets Propety. plant and equipment Investments 13 14 1,300 2,070 3,090 3,931 3,370 Current assets Trdde and other receivables Cash at bank and in hand 15 17,788 313.588 20,321 322,049 331.376 (6,247) 342,370 (4,467) Current Ilabllltles 16 Net current assets 325,129 337,903 Total a8sets1088 current Ilabllltles 329,060 341,273 The funds of the charlty Unrestricted funds 18 329,060 341,273 329,060 341,273 The financial statements were approved by the trustee8 on 21 May 2025 Trustse EBENEZERAID FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policies Charity Infomiatlon EbenezerAid Fund is a charity (no. 1058068) registered with the Charity Commission for England and Wales. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charits'es: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a statanent of cash flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and falr vlew. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the verslon of the Statement of Recommended Practice which15 referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetsry amounts in these financial statements are rounded to the nea￿st £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees hav8 a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basls of accounting in preparlng the financial statements. 1.3 Charftable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of thelr charltable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless perf0mlan￿ conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies a￿ recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known. the legacy 15 treated as a contingent asset. EBENEZER AID FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic beneffts will be required in settlement, and the amount of the obligation can be measured reliably. Irrecoverable VAT is included as a cost wrthin the expenditure line it relates to. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but are not accrued as expenditure. 1.6 Property, plant and equlpment Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is r8cognlsed so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis.. Fixtures and fittings Computers Motor trailer 20% stralght line on cost 25 % straight line on cost 200/0 Straight line on cost The gain or loss arising on the disposal of an asset is detemiined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Non 20 224,060 5,000 100,000 341,273 268,130 (280,363) 20 329,060 Prevlous year: At 1 January 2023 Incomlng resources Resources expended Galns and losses At31 December 2023 Gener81 fund Special emergency appeal EEFI 157,262 5,000 100,000 297,906 (218,915) 20 236,273 5,000 100,000 262,262 297.906 (218,915) 20 341,273 Special emergency fund - this fund has been designated to use in times of crisis. EEFI a designated fund established to hold approximately 6 months of the proceeding years budget in respect of grants to EEFI (Ebenezer Emergency Fund International). 19 Flnanclal commitments, guarantees and contingent Ilabllltles The Trust has a rolling annual commitment for rent of premises of £9,600 per annum to 28 April 2025. 13- EBENEZER AID FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Related party transactions Ebenezer Aid Fund gave grants to Ebenezer Emergency Fund International (EEFI), an associated not for profit company of £239,312 (2023.. £200,000) Ebenezer Aid Fund owed £589 (2023.. £520) to Ebenezer Emergency Fund International at the balance sheet date. Ebenezer Aid Fund owed £848 (2023: £721) to Ebenezer Emergency Fund, an associated trust, at the balance sheet date. The trustees donated a total of £3,340 (2023: £3,256) to the EbenezerAid Fund. 14-