**Company registered number: 03328487 Charity registered number: 1061661** ## **B'NAI B'RITH UNITED KINGDOM** **(A company limited by guarantee and registered charity)** ## **UNAUDITED** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2022** **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **CONTENTS** ||Page| |---|---| |**Reference and administrative details of the Charity, its Trustees and advisers**|1| |**Trustees' report**|2 - 5| |**Trustees' responsibilities statement**|6| |**Independent examiner's report**|7| |**Statement of financial activities**|8| |**Balance sheet**|9| |**Notes to the financial statements**|10 - 20| **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2022** |**Trustees**|Mr Alan Miller, National President| |---|---| ||Mrs Eve Swabe| ||Mr Paul Solomon CA, Treasurer| |**Company registered**
**number**
03328487
**Charity registered**
**number**
1061661
**Registered office**
Shield House
18 Harmony Way
London
NW4 2BZ
**Company secretary**
Wendy Fireman
Lynne Lucas
**Independent Examiner**
Yogan Patel
MHA
Chartered Accountants
2 London Wall Place
London
EC2Y 5AU
**Bankers**
CAF Bank limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ|| Page 1 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** The Trustees, who are also Directors of the Charity for the purpose of the Companies Act 2006, present their annual report together with the financial statements of B’nai B’rith United Kingdom for the year 1 January 2022 to 31 December 2022. The Annual Report serves the purposes of both a Trustees' report and a Directors' Report under company law. The Trustees confirm that the Annual Report and financial statements of the Charitable Company comply with the current statutory requirements, the requirements of the Charitable Company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted. ## **Objectives and activities for the public benenfit** ## **a. Purpose and objectives** The purpose and objectives of the Charity, as per its Memorandum and Articles of Association, are: - The defence of human rights and the fight against anti-Semitism, racism and xenophobia. - Support for the State of Israel. - Humanitarian relief for the needy in Eastern Europe and in Israel. - Welfare work in the UK and action to develop Jewish identity, culture, and heritage. In setting objectives and planning for current and future activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'. ## **Activities and achievements** ## **a. Main activities undertaken to further the Charity's purposes for the public benefit** The main activities undertaken in relation to Charity’s purpose as per its governing document and in the furtherance of public benefit are reviewed below. Since gaining independence from B'nai B'rith Europe, the Charity has returned to its pre 1999 status of being District 15 of B'nai B'rith International, based in Washington DC, USA. Founded in 1843 and with members in over 50 countries, B’nai B’rith is recognised as one of the world’s largest organisations focusing on defending human rights, encouraging community action and carrying out humanitarian work. B'nai B'rith UK (BBUK) acts as an umbrella organisation for its eight Lodges plus the National Members that do not belong to individual Lodges, resulting in approximately 500 members. Most Lodges are now back to their pre-pandemic level of activity. Additionally, BBUK runs a monthly programme of online Zoom meetings, the Bureau of International Affairs is planning many in-person events and the Heritage and Culture programme has been very active across the UK. These events are for all members. Fundraising during 2022 reached record levels as the Charity gave specific aid to the refugees created by the war in Ukraine. Page 2 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **Activities and achievements (continued)** ## **b. Main acheivements** The main acheivements of the Charity in the year have been discussed below: ## London Bureau of International Affairs The Bureau has continued to engage with diplomats via the zoom platform and has brought a number of high level diplomats to the membership via on-line talks with Q&A sessions. ## Humanitarian work in Israel Fund raising has continued at previous levels to help disadvantaged individuals and families in the township of Qiryat Gat. ## Humanitarian work in Ukraine Due to our close personal contacts in Ukraine, we were able to prepare an emergency fundraising appeal as soon as the Russian invasion commenced. Record sums were raised and used as follows: **Kyiv** - Provide transport for elderly residents fleeing to safety in the western region. Provide medical support for the elderly residents too ill to become refugees. **Chernivtsi** - To help the B'nai B'rith Lodge of Chernivtsi cope with the vast numbers of traumatised refugees entering the city. Food, clothing, shelter, and general provisions. **Tikvah Children’s Home, relocated from Odessa to Romania** - Provision of 500 pairs of shoes for children (180 pairs in 2021). **Moldova** - To help the Jewish community provide food, clothing, and accommodation to the massive influx of refugees. ## Membership Although membership continues to decline, a number of other Lodges continue to flourish and attract new members. ## Younger membership During the pandemic it was decided to no longer support a paid worker to develop this area. No decision has yet been made to recommence. ## **Financial review** ## **a. Financial results** The Charity has a number of restricted and endowment funds, including the Schiff Fund and the Rothschild Fund. The use of the Schiff fund is unrestricted and is used to support and supplement the work of the Charity. The Rothschild Fund is restricted to helping Jewish undergraduate students. During the year to 31 December 2022, the Charity received income of £173,282 (2021: £76,288). Income was derived from donations and investment income received. Total expenditure was £156,503 (2021: £92,782). Investment losses were £56,920 (2021: gains of £67,408). The net loss for the year was £40,141 (2021: surplus of £50,914). As at the 31 December 2022, the Charity held unrestricted general reserves of £114,371 (2021: £137,466), restricted funds of £200,409 (2021: £178,933) and endowment funds of £291,562 (2021: £330,084). Page 3 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022** ## **b. Financial risk management** The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the operations and finances of the Charity and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. ## **c. Reserves policy** Reserves are needed to bridge the gap between spending and receiving income to meet commitments. The Trustees consider that an ideal level of unrestricted reserves is £60,000, being at least six months average expenditure. The Charity continues to monitor this position. ## **d. Going concern** The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern. ## **Structure, governance and management** ## **a. Constitution and organisational structures** The Charity was incorporated on 6th March 1997 and is a Company Limited by Guarantee registered with the Registrar of Companies for England and Wales (Registration number 03328487) and is a Charity registered with the Charity Commission (Registration number 1061661). The Charity is governed by its Memorandum and Articles of Association, updated 12 August 2021. In the event of the Company being wound up, members are required to contribute an amount not exceeding £1. Trustees’ liability and indemnity insurance was in force throughout the year to cover the trustees and officers of the charity against action brought against them in their personal capacity. Neither the insurance nor the indemnity provide cover where the individual has acted fraudulently or dishonestly. The names of trustees at the date the report was approved and the names of trustees who served in the year are detailed in the Charity Information on page 1. The Charitable Company operates in association with eight branches (lodges) throughout the United Kingdom, each with a President who reports on their activities. The Company itself has a President, Vice President (currently vacant), Honorary Treasurer and Mentor to the President, all of whom are Trustees. Further individuals provide leadership for the Charity’s operations covering the following areas: human rights, humanitarian work in Israel, humanitarian work in Ukraine, Jewish culture and heritage and publicity. Page 4 B14A B'RITh UNITED KTr4GDOM (A comp•ny by wrnl•¢ •nd register￿ Gh•rfty TRUSTEES. REPORT ICONT14UEDI FOR THE YEfvJI ENDED 31 DECEMBER 2022 Struthr•• gov•rn•nc• and m•nag•m•irt (continu•d) b. R•crultm•nt and •ppolnlm•nl of Tru•t••s The Trustees are ele¢￿ed un(ier the Iwms of the ￿￿￿Y8nduffl d Associa11(￿. Trustees may 3er¥e With(￿ time r8strlct1c￿. until Ih8y are re￿ad. or reslgn. New Trustees are appointed by existing Tru8lee8 and would ￿ requlred io attend tralnlng cwrse$ and ¢c￿plete 8 relevant Induction pro¢e$8. The TnJstees C(￿S1der that the Truste8 board ￿￿prISeS an awwiate mix of individuah5 With complementsry skiN¥ and experi•￿* so as to rneei r*eds ol h Chwity. Th1$ rewl has boen prepwed taking advantage of small crMnp8nies' ex8rnpu(￿ of the Companies Act 21K)6. roved by or**Income from:**
Donations and
subscriptions
3
Investments
4
**Total income**
**Expenditure on:**
Charitable activities
5
**Total expenditure**
Net (losses)/gains on
investments
7
**Net (expenditure)/**
**income**
Transfers between
funds
10
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
Net movement in funds
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**2022**
**£**
**26,979**
**10,214**
**37,193**
**58,237**
**58,237**
**-**
**(21,044)**
**(2,051)**
**(23,095)**
**137,466**
**(23,095)**
**114,371**|**Restricted**
**funds**
**2022**
**£**
**131,367**
**4,722**
**136,089**
**98,266**
**98,266**
**(18,398)**
**19,425**
**2,051**
**21,476**
**178,933**
**21,476**
**200,409**|**Endowment**
**funds**
**2022**
**£**
**-**
**-**
**-**
**-**
**-**
**(38,522)**
**(38,522)**
**-**
**(38,522)**
**330,084**
**(38,522)**
**291,562**|**Total**
**funds**
**2022**
**£**
**158,346**
**14,936**
**173,282**
**156,503**
**156,503**
**(56,920)**
**(40,141)**
**-**
**(40,141)**
**646,483**
**(40,141)**
**606,342**|_Total_
_funds_
_2021_
_£_
_61,030_
_15,258_| |---|---|---|---|---|---| ||||||_76,288_| ||||||_92,782_| ||||||_92,782_| ||||||_67,408_| ||||||_50,914_
_-_| ||||||_50,914_| ||||||_595,569_
_50,914_| ||||||_646,483_| The Statement of financial activities includes all gains and losses recognised in the year. All income and expenditure relates to continuing activities. The notes on pages 10 to 20 form part of these financial statements. Page 8 NAI B'RifH UNITED KINGDO IA company Ilmltèd by warantee •nd registered Ghwlty) REGISTERED NUMBEIL" 03328487 BALANCE SHEEr AS AT 31 DECEMBER 2022 2022 2021 Flx•d aM•ts Investments Curr•nt au•ts 501,961 Debtcrfs Cash at bank al￿ in hand 3,813 144.429 151.392 151.392 148.302 Credi1ty8: amounts fall￿9 du8 *iihin one year (4658) (3,780) N•t curr•nl ••••ts 146.734 144,522 Total n•t •M•t• 646,483 Charlty fund• Endty4wnent fvnd• Restrlcted funds Unr8Strfcted fund8 10 10 291.562 21Y).409 330,084 178,933 137,466 10 To1•1 fund• 646,483 The Charity was wllued to ex•npticm frr#n audll under seC1k￿ 477 of Ihè Compan￿$ kt 2CM)6. The member8 have not required Ihe comp8ny to (l)taln an audit for the in question in accordanc8 wlth section 476 of Companles Act 2006. The Twstees ackn(Mledge thelr resp￿5[bIlIt19S for *llh the requlrwnwts of the Act vAth respect to accounting reu)rds and KYep8ration of financial slalwvwits. The financial ststements have be￿ wyed kn a(¥)Ydan￿ tAtylh the yovi8iC*)s appIl￿b￿ lo ents￿es sublect to the 8m811 ¢crfnp8ni8s rngim&. The financial SL￿•m8n￿ wgre approved ond authc*i8ed for issug by tho TNstè8s on on and sign8d Mr Paul Solomon CA Treasurer The notes on pages 10 to 20 1￿M part of these ffinancial statwnents. Page 9 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **1. General information** The Charity is a Company Limited by Guarantee registered with the Registrar of Companies for England and Wales (Registration number 03328487) and is a Charity registered with the Charity Commission (Registration number 1061661). The Charity is governed by its Memorandum and Articles of Association. In the event of the Company being wound up, members are required to contribute an amount not exceeding £1. ## **2. Accounting policies** ## **2.1 Basis of preparation of financial statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting 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) and the Companies Act 2006. B'nai B'rith United Kingdom meets the definition of a public benefit entity under FRS 102. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest pound. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **2.2 Going concern** The Trustees have assessed the use of going concern and have considered possible events or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The Trustees have made this assessment for a period of at least one year from the date of the approval of these financial statements. The Trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing these financial statements. ## **2.3 Income** All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation. Page 10 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **2. Accounting policies (continued)** ## **2.4 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 benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Staff costs are allocated on the basis of time spent. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. ## **2.5 Interest receivable** Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. ## **2.6 Taxation** The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## **2.7 Investments** Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities. As investments are revalued to fair value continuously, no realised gains or losses arise. ## **2.8 Debtors** Trade and other debtors are recognised at the settlement amount after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## **2.9 Cash at bank and in hand** Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 11 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **2. Accounting policies (continued)** ## **2.10 Liabilities and provisions** Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. ## **2.11 Financial instruments** The Charity only holds basic Financial Instruments. The financial assets and financial liabilities of the Charity are as follows: Debtors – trade and other debtors (including accrued income) are basic financial instruments and are debt instruments measured at amortised cost as detailed in Note 8. Prepayments are not financial instruments. Cash at bank - is classified as a basic financial instrument and is measured at face value. Liabilities - trade creditors, accruals and other creditors will be classified as financial instruments, and are measured at amortised cost as detailed in Note 9. Taxation and social security are not included in the financial instruments disclosure. Deferred income is not deemed to be a financial liability, as in the cash settlement has already taken place and there is simply an obligation to deliver charitable services rather than cash or another financial instrument. ## **2.12 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Expendable endowment funds can be used to provide income or capital for the Charity at the discretion of the Trustees. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 12 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **3. Income from donations and subscriptions** |**Unrestricted**
**funds**
**2022**
**£**
**Donations**
Subscriptions
20,829
Donations
249
Gift aid
5,901
**Total 2022**
26,979
_Total 2021_
_31,913_|**Restricted**
**funds**
**2022**
**£**
-
131,367
-
131,367
_29,117_|**Total**
**funds**
**2022**
**£**
**20,829**
**131,616**
**5,901**
**158,346**
_61,030_|_Total_
_funds_
_2021_
_£_
_22,562_
_34,595_
_3,873_| |---|---|---|---| ||||_61,030_| ||||| Of the total income from donations of £34,595 in 2021, £29,117 was allocated to restricted funds. All restricted funds were included within the Donations category above. ## **4. Investment income** |**Unrestricted**
**funds**
**2022**
**£**
Income from investments
9,845
Deposit account interest
369
10,214
_Total 2021_
_10,704_|**Restricted**
**funds**
**2022**
**£**
4,722
-
4,722
_4,554_|**Total**
**funds**
**2022**
**£**
**14,567**
**369**
**14,936**
_15,258_|_Total_
_funds_
_2021_
_£_
_15,233_
_25_| |---|---|---|---| ||||_15,258_| ||||| In 2021, all restricted funds from investment income were allocated to Income from investments. Page 13 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **5. Analysis of expenditure by activities** |Charitable activities
_Total 2021_|**Activities**
**undertaken**
**directly**
**2022**
**£**
149,444
_84,336_|**Support**
**costs**
**2022**
**£**
7,059
_8,446_|**Total**
**funds**
**2022**
**£**
**156,503**
_92,782_|_Total_
_funds_
_2021_
_£_
_92,782_| |---|---|---|---|---| |||||| Of the total charitable activities expenditure in the year, £98,266 (2021: £34,610) has been allocated to restricted funds and £58,237 (2021: £58,172) to unrestricted funds. The Charity had no employees in the current or prior year. ## **Analysis of direct costs** |B'nai B'rith Young Professionals
Scholarships
Humanitarian aid
Advocacy
Jewish identity, culture and heritage
B'nai B'rith International|**Charitable**
**activities**
**2022**
**£**
-
20,000
78,266
31,574
16,642
2,962
149,444|**Total**
**funds**
**2022**
**£**
**-**
**20,000**
**78,266**
**31,574**
**16,642**
**2,962**
**149,444**|_Total_
_funds_
_2021_
_£_
_739_
_5,000_
_29,610_
_30,859_
_16,510_
_1,618_| |---|---|---|---| ||||_84,336_| Page 14 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **5. Analysis of expenditure by activities (continued)** ## **Analysis of support costs** |Bank charges
Administration expenses
Governance costs
IT
Subscriptions
Insurance
Advertising|**Charitable**
**activities**
**2022**
**£**
126
1,237
4,158
103
355
375
705
7,059|**Total**
**funds**
**2022**
**£**
**126**
**1,237**
**4,158**
**103**
**355**
**375**
**705**
**7,059**|_Total_
_funds_
_2021_
_£_
_252_
_1,629_
_4,475_
_1,986_
_104_
_-_
_-_| |---|---|---|---| ||||_8,446_| The governance costs above include the fee for the independent examination, being £4,158 (2021: £3,780), and other professional fees of £Nil (2021: £695). ## **6. Trustees' remuneration and expenses** The Trustees are considered to be the Charity's Key Management Personnel. During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL)_ . During the year ended 31 December 2022, Trustee expenses of £372 have been reimbursed _(2021 - £ 667)_ . Expenses in the year were reimbursed to 2 Trustees _(2021: 3 Trustees)_ for office expenses, IT, filing costs, subsistence and postage and stationery items. Page 15 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **7. Fixed asset investments** |**Valuation**
At 1 January 2022
Revaluations
Movement in cash accounts held within investments
**At 31 December 2022**
**Net book value**
**At 31 December 2022**
_At 31 December 2021_|**Listed**
**investments**
**£**
**501,961**
**(56,920)**
**14,567**| |---|---| ||**459,608**| ||**459,608**| ||_501,961_| ## **8. Debtors** |**Due within one year**
Prepayments and accrued income|**2022**
**£**
**-**
**-**|_2021_
_£_
_3,873_| |---|---|---| |||| |||_3,873_| ## **9. Creditors: Amounts falling due within one year** |Other creditors
Accruals|**2022**
**£**
**500**
**4,158**
**4,658**|_2021_
_£_
_-_
_3,780_| |---|---|---| |||| |||_3,780_| Page 16 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **10. Statement of funds** ## **Statement of funds - current year** |**Unrestricted**
**funds**
General Funds
**Endowment**
**funds**
Expendable
Endowment
Fund
**Restricted**
**funds**
The East &
Central Europe
fund
The Qiryat Gat
fund
Rothschild fund
Ukraine
Emergency
Appeal
**Total of funds**|**Balance at 1**
**January**
**2022**
**£**
**137,466**
**330,084**
**13,856**
**4,351**
**160,726**
**-**
**178,933**
**646,483**|**Income**
**£**
**37,193**
**-**
**31,498**
**9,304**
**4,722**
**90,565**
**136,089**
**173,282**|**Expenditure**
**£**
**(58,237)**
**-**
**(23,055)**
**(11,075)**
**(20,000)**
**(44,136)**
**(98,266)**
**(156,503)**|**Transfers**
**in/out**
**£**
**(2,051)**
**-**
**-**
**2,051**
**-**
**-**
**2,051**
**-**|**Gains/**
**(Losses)**
**£**
**-**
**(38,522)**
**-**
**-**
**(18,398)**
**-**
**(18,398)**
**(56,920)**|**Balance at**
**31**
**December**
**2022**
**£**
**114,371**| |---|---|---|---|---|---|---| |||||||**291,562**| |||||||**22,299**
**4,631**
**127,050**
**46,429**| |||||||**200,409**| |||||||**606,342**| Page 17 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **10. Statement of funds (continued)** ## **Statement of funds - prior year** |**Unrestricted**
**funds**
General Funds
**Endowment**
**funds**
Expendable
Endowment
Fund
**Restricted**
**funds**
The East &
Central Europe
fund
The Qiryat Gat
fund
Rothschild fund
**Total of funds**|_Balance at_
_1 January_
_2021_
_£_
_109,021_
_326,301_
_15,264_
_3,436_
_141,547_
160,247
_595,569_|_Income_
_£_
_42,617_
_-_
_13,152_
_15,965_
_4,554_
33,671
_76,288_|_Expenditure_
_£_
_(58,172)_
_-_
_(14,560)_
_(15,050)_
_(5,000)_
(34,610)
_(92,782)_|_Transfers_
_in/out_
_£_
_44,000_
_(44,000)_
_-_
_-_
_-_
_-_
_-_|_Gains/_
_(Losses)_
_£_
_-_
_47,783_
_-_
_-_
_19,625_
_19,625_
_67,408_|_Balance at_
_31_
_December_
_2021_
_£_
_137,466_| |---|---|---|---|---|---|---| |||||||_330,084_| |||||||_13,856_
_4,351_
_160,726_| |||||||_178,933_| |||||||_646,483_| Page 18 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **10. Statement of funds (continued)** ## The East & Central Europe fund The East & Central Europe fund comprises donations received and donations made to alleviate poverty and to encourage community regeneration in these countries. ## The Qiryat Gat fund The Qiryat Gat fund comprises donations received and donations made in connection with the alleviation of poverty and education projects in Qiryat Gat in Israel. A transfer of £2,501 was made in the year from unrestricted funds to meet expenditure in this fund. ## Rothschild fund The Max and Gladys Rothchild fund was set up to apply its income to establish and provide civil engineering scholarships for the benefit of third year Jewish students who may be in need of financial assistance to study as university undergraduates. ## Ukraine Emergency Appeal The Russian invasion of 24th February 2022 saw the temporary halt to our normal activities and the launch of our Emergency Appeal. This purpose of which was to provide additional support to our regular activities. The donations were most generous and allowed us to help assist with the refugee crisis throughout Ukraine and also in Romania and Moldova, which were receiving a flood of Refugees. Our connections in the city of Chernivtsi gave us accurate information about the immediate requirements to closely monitor distribution. ## Expendable endowment fund The Maxine Schiff fund is a trust fund set up under the will of the late Maxine Schiff to benefit B'nai B'rith United Kingdom. The Trustees have the power to accumilate income for a period of 21 years from the date of the gift and to advance monies to B'nai B'rith United Kingdom for the charitable objectives described in the Memorandum and Articles of Association. A transfer of £Nil (2021: £44,000) was made in the year to release funds to the unrestricted reserve to support the activities of the Charity. Page 19 **B'NAI B'RITH UNITED KINGDOM (A company limited by guarantee and registered charity)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** ## **11. Analysis of net assets between funds** ## **Analysis of net assets between funds - current year** |**Unrestricted**
**funds**
**2022**
**£**
Fixed asset investments
40,996
Current assets
78,033
Creditors due within one year
(4,658)
**Total**
114,371
**Analysis of net assets between funds - prior year**
_Unrestricted_
_funds_
_2021_
_£_
Fixed asset investments
11,151
Current assets
130,095
Creditors due within one year
(3,780)
**Total**
137,466|**Restricted**
**funds**
**2022**
**£**
127,050
73,359
-
200,409
_Restricted_
_funds_
_2021_
_£_
160,726
18,207
-
178,933|**Endowment**
**funds**
**2022**
**£**
291,562
-
-
291,562
_Endowment_
_funds_
_2021_
_£_
330,084
-
-
330,084|**Total**
**funds**
**2022**
**£**
**459,608**
**151,392**
**(4,658)**
**606,342**
_Total_
_funds_
_2021_
_£_
_501,961_
_148,302_
_(3,780)_
_646,483_| |---|---|---|---| |**Analysis of net assets between funds - prior**|||| |Fixed asset investments
Current assets
Creditors due within one year
**Total**|||| ## **12. Related party transactions** During the year reported, the Trustees made unrestricted donations of £410 (2021: £390) to the Charity. The Charity has not entered into any other related party transactions during the year (2021: £Nil), nor are there any outstanding balances owing between related parties and the Charity at 31 December 2022 (2021: £Nil). Page 20