REGISTERED COMPA]YY NUMBEK.113339V97 (England andwwlea) REGISTERED CHARTfY NUMBEIL. 11162191 Report ofthe Trn8te¢• Ststements for the Year E•d 31 M*rch 2025 ror UK FRTENDS OF THE PERES 1NSTrrtE FOR PEACE (A COMPANY LIMITEDBY GUARANTEE) BBK Partnership Chartered Aco)untants & Stal0ry Auditors J Beauthamp Court 10 Victors W Barntt Hertfordshirc EN5 5TZ
UK FRIENDS OF THE PERES INSTITUTE FOR PEACE ConteDts of the Fineral Statements FOR THE YEAR ENDED 31 MARCH 2025 P& Report of tb• Trn•te I to 2 bJd¢ptad¢nt Eximlller'i Report ststememt OrnAnCIal Atdvltlel BalAnc• Sh¢•t Notsj to the Flnanell Stternents 6 to 9 D•tall•d Stt¢ment of Fln•nell A¢tfvkl 10
UK FIUENDS OF THE PERLS INSTITUTE FOR PEACE Report of tht Trustee5 FOR THE YEAR ENDED 31 MARCH 2025 The tnmtew present their report ond 8¢¢ounts for the year ended 31 Mar¢h 2025. The accounts havg been wepared in acGordwK¢ with the a¢¢ounting policies set out in note l ttl th¢ accovnts qnd conyly with the charitys goveming documenl the Companies Art 2006 and 'Ae¢ounting and Reporting by Charitie5: Statement of ReGommendBd Practice appli¢Able to Chariti preparing their L)llnts in aOrd8Ce with the Financial R¢portitl8 Standard applicatble in the UK and Republic of Ireland (FRS 102)" (fts &m8nded for accounting periods ¢ommencing from l January 2016). OBJECTIVES AND AcllviTIFS ObJ¢tthp¢s And wlmJ The charity's objectives aro the advancement of education Bnd such other tharitable purposes 8s the charity may from time to time de¢idc. PBbllc beneflt The charitys Aims were carried out for the publ1¢ benefiL Thls was achieved by maklng grants to the Peres Centre for PeaGe in Israel. In approvin8 thosc donatlons, th• trustee5 have pald due r¢8ard to 8uidance Issued by the Charity Commission in dldIng &t vItIeS the ¢harfty should undert4k¢. FINANCIAL REVIEW FlniThd*l revlew The charity received donattons of £26,125 (2024: £34.855). During the ccw8e of IhE year donatlons tot4111ng £]6,)0 werB mada (2024. £46,000). The trustees hav¢ ¥sse88ed the major Tlsks to vthich the ch•rity i¥ exwBed, Al are satlsfled that systen78 #re in plac¢ to mitigaie exposure to the mlljor risks. STRUCTURE, GOVERNA]YCE AND MANAGEMENr Governlmg document The ¢h8rity TS a company Ilmltsd by guarantee esiablished by memornndum and articles in¢orporated on 25 Marth 1997. REFERENCE AND ADMINISTRATIVE DETAILS Reglitered Company number 03339097 (England Wales) R¢gl$t¢red Charity nurnber 1062191 Reglstsr¢d office l Beauchamp Court 10 Victors Way Barnet Hertfordshirr EN5 5TZ Truste Mr S Saffer Director Mr D J Buthler Director Page I
UK FRIENDS OF THE PERLS INSTrruTE FOR PEACE Rwort of the Trnsttes FOR THE YEAR ENDED 31 MARCH 21125 REFERENCE AND ADMINIsTRATE DETAILS Indep¢ndent Exmlner BBK Partnership Chart¢tr Accounlarts & Ststutory Auditors l Beauchan]p Court 10 Victor8 Way Barnet Hertfordshir¢ EN5 5TZ None of th¢ trustees have any b¢n¢fici interest in thc Gofflpany. All of th¢ trust¢Cs are members of the ¢umpAny and 8uaraiite to cojrtribute su¢h aD]ount as may be requir>l. not exceeding £10. In the ev¢nt of A windin8 141. Approved by order of the board of trllstees on ,,.... and signcd on its by: MrDJ Ir. TruBtee Page 2
Indepelldent ExAmlMer's Report to the TnTStees UK Frienth of the Peres TnsiJtut• for peace Independtut ex%mlner'$ repoTt to tbe trusttV5 of UK Friemds of Peres Institute for peace ('the Compawy,) Y rcport to the charity tThStees on my cxamination of th¢ accounts of the Comwdny for the year ended 31 MarGh 2025. Responslbnltle8 •nd bagls of report As thc charity'5 tnsstees of the Cornpany (and also its dlrectors for the purpo5e5 of wmpany law) you ar¢ Te8ponslbl¢ for the prepaTation ofthe accounts in accordanoe with the rBquirern¢nts of the CompaniB5 Act 2006 l*he 2006 Act,). Having satisfi¢d mys¢lf that the accounts of the CoJryMny are not required to be audited under Pirt 16 of the 21)06 Act and are eligibl¢ for Independent ¢xamination. I report In respect of my ex8miT]&tion of your charity'5 aocounts as Carried out under Section 145 of the Charities Act 2011 ('th¢ 2011 Act). In carrying out my examination I b8v¢ followed the Directions given by the Churity Commission und¢r Section 145(5) (b) of th¢ 2011 ACL Independent examtner's 8t8tement I have cotnpletcd my cxamination. I c4)nfinn thèt no matttts have come to my attention In GonTrxction wth th¢ examination giving me cau8¢ to believe.. accountin8 records wer¢ not kept in respect of the Company as requir&1 by Section 386 of th¢ 2006 AGL or the accounts do not accord wlth those re£oTds; or the ae4ounts do not Comply with the accounting requirements of Section 396 of the 2006 ACÉ other than any requirement that the Le¢ounts Bive a tru¢ and fajr view 1¢h is not a matter considered As part of 8D independent examination; or the arcounts have not been pr¢p&red in accord4nce with the methods 4nd prlnclples of th¢ St&tsment of Recommelld¢d Pra¢ti for accountlDg and reportin8 by chariti¢5 (applicable to charitT¢S preparin8 their aLxounts in e0rdance with the Financial Reporting Standard applicable in thc UK and RepubliG of Ircland {FRS 102)). I have no concerns and hAve come across no other matters in connection wth the examination th thIGb attention should be drawTr in this report in order to enablr a proper understsnding of the ArLowits to Ix reached. MrAlan D Kaye FCA BBK Partn¢rship Chartcttd AcMuntants Statutory Auditor5 l Bcauthamp Court 10 Victors Way Barnet Hcrrfordshire ENS STZ Page 3
UK FRtENDS OF THE PERES INSTITUTE FOR PEACE Statement of Financial Activitles FOR THE YEAR ENDED 31 MARCH 2025 31J.25 Tot41 ndA 31324 Totsl Unrestricted fiwds Restricted fund Notcs INCOME AND ENDOWMENTS FROM DonAtions and Icgacies 26,125 26.125 34,855 EXPENDfTURE ON Charltable actfvltles GovernaTrcB Cost Donations 437 16,000 437 IAooo 66 46.000 I437 16837 46,066 NET INCOME1XPEDlTURE) 9W8 9,688 (11.211) RECONCILIATION OF FUNDS Totsl fuods brou8ht forward 4,861 4861 16,072 TOTAL FUNDS CARIUED FORWARD 14.549 14,549 4,861 The not fonn part of these financial statsmcnts Page 4
UK FRIENDS OF THE PERLS INsfiTtITE FOR PEACE Batance Sheet 31 MARCH 2025 31J.25 Total funds 31.3.24 Totsi ds Unrestrlthd funds Restricted nd Ntstss CURRENT ASSETS Cash at bank I449 14J49 4.861 NET CURRENT ASSETS 14.549 I449 4,861 TOTAL ASSETS LESS CURRENT LtABILITIES I49 14A49 4.861 NET ASSETS 14549 14,549 4,861 FUNDS UnrestrArt¢d funds 14,549 4,861 TOTAL FUNDS 14,549 4.861 The chArilable company is entitled to exemption from audil under Section 477 of thc Qjmpanies Art 20(6 for ycllr rndcd 31 March 2025. The men4)ers have not requircd the company to obtsin an audit of its fin4nciol statements for thc year ended 31 March 2025 in accordanco with Scction 476 of the Companies Act 2006. The trustees acknowled8¢ their responslbiliti¢s f (a) Insuring that the chAritable company keeps accountin8 records th•1 comply with Sections 386 and 387 of th¢ Componies A¢t 2CIJ6 and (b) prq)w'in8 finanGial statements ]Ch 8lve a tnx and tkir view of the state of affairs of the ¢h•rltAble company as 8¢ the end of eAch tlnancial year and of its surplus or deficit for each financia] year in arwrdpnce wth the requlr¢m¢nts of Sectlons 394 and 395 and which otherwise comply with the requircments of tk Companies Act 2006 relating to financial statements. so far as applicabl¢ lo thE charitable company. These financi statements have b¢¢n PTcparcd in accordanc¢ with the pr0Tr75ions applicable to charitable oornpanies subject to the small companies regime. cial staternents wcre approved by the Board of Ttustees aad authorised for issue . and were sigtscd on its behalf by,. Mr D J Buchler- Tn4t¢e The notss fom part of these financl&l statements Page 5
UK FRIENDS OF THE PERES INSTITiTfE FOR PEACE Notes to tbe Fln4ncfial Statements FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Jasls ofprtparlng the fiw4nel•l ststtThents The financial statements of the charitable company? which is a publlc benefit mtity und¢r FRS 102, have been pr¢p2red in aCrdanCe with the Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Re¢ommend¢d Practice oppli¢abl¢ lo ctiariti¢5 preping their accounts in a¢¢ordance with thc Finan¢ial Reporting Standord applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Stsndard 102 Thc Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fmaftcial statemcnts have been prep8red under the histOri¢81 cost convcjition. Incorrte All incom¢ is recognised in th¢ St&txent of Fin8ncid Activities once the charity has entitlement to the fids, it is probablc that the incom¢ will be received and thc amount can be Mured rcliably. Exp•Mdlthre Liabillties arc re¢o8nlsed as expenditsire soon 05 there is a legal or construetive obliga¢lon Committing the ¢huity to that expenditurr, it is probable that i transfeT of eLonomic benefits will bc required in $¢ttlcment and the amount of th¢ obligation can be measur¢d rcliably. Expenditu is COUnted for on an llccruals basis and I been ¢lasslfled under headings that aggr¢gak cost related lo th¢ ¢itesory. Where ¢osts cannot b¢ directly attributed to particular he&din8S they have bcen allocated to Actfvlties on a bAsis consistent wlth the uge of resource& Grnnts offered subject to wndition5 1¢h have not bccn met at the y¢ar end date are noted u a commitment but t accnjed ag exrnditi)re. TgX*tIo Th¢ ¢haTity 1$ exempt from corporation t&x on Its charitsble activili¢s. Fund g¢counthig Unr¢stri¢ted fvnds can be used in ao¢ordan¢e with the chAritable obj¢¢tiv¢s at the discretion of the trust$. Rcstrscted fiu)d3 gao only be used for particular r¢strieted Purpos within th¢ obj¢ct8 of the chArity. R¢strictioni arfse when specified by the donor or en funds arc raiscd for part11&r restri¢t¢d purposes, Further explanation of the nature And purpoge ofeoch fiuMI 15 included in thc notes to the financial atstements. TRusfEES' REMUNERATION AND BENEFITS ThcTe were no trustcc$' rcmuneration or other benefits for thc year ded 31 March 2025 nor for the year ended 31 ma 2024. There were no trustcEs' expenses paid forth¢ y¢ar ended 31 March 2025 nor for the y¢ar ended 31 Marth 2024. Pag¢ 6 ontinued...
UK FRIKNDS OF THE PERES INSTITUTE FOR PEACE Notes to iht Flninclal St&itemtnts- colltlnued FOR THE YEAR ENDED 31 MARCH 2025 COMPARATTVES FOR THE STATEMENT OF FINANCIAL AcrivrriES UnTC5trict¢d funds Restricted fid Tot INCOME AND ENDOWMENTS FROM Donations and legacies 34.500 355 34.835 EXPENDITURE ON Chirltable actlylde 66 45,645 66 46.000 Don8¢ion$ 355 Total 45.711 355 46.066 NET ]NCOMKI{KXPENDITURE) (11.211) (11,211) RECOIYCILIATION OF FUNDS Totsl fimds brought for+wd 16,072 16.072 TOTAL FUNDS CARRIED FORWARD 4.861 4,861 MOVEMENT IN FUNDS Nct At 31.325 At1.4.24 Unr•strlcted thnds General fund 4,861 9ffj88 14549 TOTAL FUNDS 9,688 14A49 N¢t movement in fun(L8, includ¢d In the above are as follows: In¢omlng resourc¢s Resources expended Movemont in funds Unr¢strlcted funds General fijnd 26,125 (16A3T) 988 T(yfAL FUNDS 26,125 (16A37) 9,688 Page 7 tinu¢d...
UK FRIENDS OF THE PERES INSTITUTE FOR PEACE Notes to the Flnancial Statements- contlnued FOR THE YEAR KNDED 31 MARCH 21ll5 MOVEMENT IN FUNDS- COHthiued CompArAifv# for movement In Thtnds Net movement in fixKIs At 31.3.24 At 1.4.23 Unr¢slrl¢ted foDds G¢neral fund 16,072 (11,211) 4,861 TOTAL FUNDS 16.072 (11.211) 4.861 CnparatiVe net movement in fimds. included in th¢ abovc Are as follory. IneominB r¢sources Resour$ ¢xpthded Mov¢m¢nt in funds Unrtstrlcted fundB Gener4J fund 34,500 (45,711) {11,211) Re8trleted funds Donations 355 (355) TOTAL FUNDS 34,855 (46,066) {11,211) A L¥rrent year12 months And prior yeor 12 rnonihs comblned posltlon is as follows.. Net movement in funds At 31.3.25 At 1.4.23 Unrestrlited thDd• General fund 16.072 (1.523) 14.549 TOTAL FUNDS 16,Q72 (1,523) 14.549 Page 8 ontinued...
UK FRIENDS OF THE PERFS INSTrri¥TE FOR PEACE Notu to the Fln4n¢121 StaltmeMts- colltinu¢d FOR THE YEAR ENDED 31 MARCH 2025 MOVEME IN FUNDS. colltiniued A current year 12 months qnd prior yea¥ 12 months combined net mov¢mu* in fvnds, included In the above are follows: Incoming Resollr Mov¢m¢]rt in fllnds Unmtrkted funth G¢neral tlmd 60,625 (62,148) (1,523) Re8ts4cted fundi Donations 355 (35J) TOTAL FUNDS 60.980 (61503) {1.523) RELATED PARTY DISCLOSiTKES Thcrc Ire no reIatsd pty transl0t for the year Mded 31 Marth 21)25. Page 9
UK FRIENDS OF THE PERES INSTITUTE FOR PEACE Ihtalled Ststenwnt of FlnAnilal Activities FOR THE YEAR ENDED 31 MARCH 2025 31.325 31324 tNCOME AND ENDOWMENTS DoD•tl(*8 And legaele8 26,125 34,855 Totsl Incomlng YeAourett 2&125 34,855 EXPENDITURE ChaTJtable actMtI¢i Grants to the Peres C¢ntrc 16,000 46.000 Support absts 25 Other2 Adv¢rtising 180 Govern2nc¢ eoits A¢ut and l¢gal feeg 232 Totsl reAour¢es ¢xpended 16A37 46.066 Net IntoJnel{ezpendlture) 9h88 (11,211) This page does not fom] wt ofthe ststty finan¢ial statements Pllgc 10