REGISTERED COMPANY NUMBER: 03609638 (England and Wales)
REGISTERED CHA￿ NUMBER: 1071978
Report of the Trustees and
Financial Statements
forthe Year Ended 31 March 2024
THE UKI CHARITABLE FOUNDATION
Mellnek Fine LLP
Chartered Accountants
statutory Auditors
First Floor, Winston House
349 Regents Park Road
London
N3 IDH

THE UKI CHARITABLE FOUNDATION
Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024
Page
Reference and Administrative Details
Report of the Trustees
2 to 4
Report of the Independent Audltors
ststement of Flnancial Activities
Balance Sheet
Cash Flow Statement
io
Notss to the Cash Flow Statement
li
Notes to the Finandal Statements
12 to 20

THE UKI CHARITABLE FOUNDATION
Reference and Admlnlstrative Details
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEES
V Schimmel (resigned 28.10.24)
E Schimmd (resigned 6. 11.24)
J Schimmel
A Schimmel (resigned 6.11.24)
D Conick (appointed 6.11.24)
S Simns (appointed 6.11.24)
REGISTERED OFFICE
6 Prin￿5 Park Avenue
London
NWII OJP
REGISTERED COMPANY NUMBER 03609638 (England and Wales)
REGISTERED CHARITY NUMBER 1071978
AUDITORS
Melinek Fine LLP
Chartered Accountants
Statutory Auditors
First Floor, Winston House
349 Regents Park Road
London
N3 IDH
SOLICITORS
Maurlce Turnor Gardner LLP
15th Flwr
Milton House
Milton Street
London
EC2Y 9BH
BANKERS
Bardays Bank Hc
I Churchlll Place
London
E14 5HP
The Cooperative Bank
4th Fl(K)r
9 Pre5COt Street
London
EI 8AZ
Page I

THE UKI CHARITABLE FOUNDATION (REGISTERED NUMBER: 03609638)
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also dlrectors of the charity for the purposes of the Companies Act 2006, present their report wlth
the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reportlng by Charitles: Statement of Recommended practi￿ applicable to charities preparing their
accounts in accordance with the FinarKial Rewrting Standard applicable in the UK and Republic of Ireland (FRS 102)
{effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charltable company was established for charitable purposes which the Trustee5 ch005e to support, at thelr absolute
discretion.The charitsble purposes are for the public benefit.
The charity's strategy is to manage its investments over the long temi to produ￿ a sustainable income stream to fund
future grant making activity. The trustees recognise that this strategy may take several years and that in the meantlme,
charltable expenditure leve15 may be variable.
The trustees are satisfied that the grants made are wholly in pursult of its charitable alms.
Publlc beneflt
The trustees have considered the Charity Commission's general guidan￿ on public tenefit and have taken It Into account
when managing the charity's activities, reviewing the aim5 and objectives and plannlng for future activlties.
Investments
The Charity has invested In properties and other Investments to generate income to allow it to make grants to
organlsations to enable them to benefit th0￿ in need.
Grantmaking
The prlncipal object of the charltable company is to provlde grants to institutlons and Indivlduals as the trustees see fit.
Volunteers
The charlty does not have any volunteers.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Over the financlal year ended 31 March 2024, donations totslling £784,981 {2023:£155,500) were made.
The net Incoming resources for the year as set ￿t on the Ststement of Financial Activlties (SOFA) were a deflclt of
£2,680,326 (2023:£19,018),
FINANCIAL REVIEW
Reserves policy
The trustees reserve policy is to achieve and maintain an appropriate but not excessive level of reserves to support Its
activlties, taklng Into account the risks to which it is ex￿sed. The charity holds reserves in the form of funds that are
earmarked by the trustees a5 net curront assets.
At the year end the charty had unrestritted funds totalling £3,771,685 (2023:£6,452,011). By excluding fixed assets le55
long term liabilitie5 from the total funds, adjusted free reserves are a Surplus of £240,054 (2023:£364,102).
Fixed assets (property and investments) is valued at £4,603,008 (2023:£7.369,467).
The trustees have reviewed the ca5hflow projectlons of the charity and given the projected flow of rentsl and investment
income, the charlty has sufficient cash to meet its commitments as they fall due.
FUTURE PLANS
The charity's strategy is to manage its investments over the long term to kY0dU￿ a susL3inable income stream to fund
future grant-making activity.
Page 2

THE UKI CHAIUTABLE FOUNDATION (REGISTERED NUMBER: 03609638)
Report of the Trustees
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a company Ilmited by guarantee, regtstered under the Companies Acts. The governing
document of the charity 15 the Memorandum and ArtKAe5 of A550Ciation establishing the company under company
legislation.
The governing document is dated 30 Juty 1998
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other
than those Imposed by Charlty Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charitie5
legislatlon and have responsibillties, as such, under b()th company and charlty legislation.
The trustees are all Indivlduals.
Recvuitment and appolntment of new trustees
New Trustees are appolnted by the existing board of trustees. Subsequent to the year end, new trustees were
appointed. Suitable recruitment and training procedures are being applied by the trustees. The day to day affalrs of the
charlty are administered by the Board of Trustees.
Decislon making
The trustees belleve that the best Interests of the charity are served by focuslng on the investment strategy In a￿a$
which they are familiar with. All approaches to the charlty for grants are considered carefully and dlscussed at trustee,
meetings to assess the sultablllty of the organisation maknng the request.
Rlsk management
The trustees have Identlfled and reviewed the major risks to which the Charlty Is exposed, in particular those related to
the operations and finance of the Trust, and are satisfied that sysians are in pla￿ to mitigate those risks.
STATEMENT OF TRusfEES' RESPONSIBILITIES
The trustee5 (who are also the director5 of The UKI Charitable Foundation for the purposes of company law) are
responsible for preparing the Report of the Trustees and the financial statements in accordance wlth applicable law and
United Kingdom Accountlng Standards (United Kingdom Generally Accepted Accounting Practi￿).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view
of the state of affair5 of the charitsble company and of the Incoming resources and application of resources, including the
income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees
are required to
select sultable accountlng policres and then apply them consistentlyi
obseNe the fflethods and prlnclples In the Charity SORP;
make judgements and estimates that are reasonable and prudent.
prepare the financlal Statements on the going concern basis unless It Is Inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keeplng proper accounting records which disclose with reasonable accuracy at any tlme
the financial position of the charitable company and to enable them to ensure that the financial statements comply with
the Companles Act 2006. They are also res￿nSIble for safeguarding the assets of the charltable company and hence for
tsking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
Information and to establish that the auditors are aware of that inf0mlati(￿.
AUDITORS
The auditors, Melinek Fine LLP, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Page 3

ThE UKI CIIARtrABLE FOIINDAIION (REGlSfERED NUMBBL. 113609638)
FOR THE YEARENDED 31 MARai 20Z4
This rE￿rt has pryaRd In the rydal 15 rftt* CompJnTe5PLt 2(K16 relalin9 to
11 ojmpank
ApprthBI by orderofl
Lr
•rd *n¢d ¢n Ilsl)ehDrr by:
) ￿mme1. Tru*ee

Report of the Independent Auditors to the Members of
The UKI Charitable Foundation
Opinion
We have audited the financial statements of The UKI Charitable Foundation (the 'charitable company,) for the year ended
31 March 2024 which comprise the Statement of Financial Acttvities, the Balance Sheet, the Cash Flow Statement and
notes to the financial statements, including a summary of significant accounting policies, The financial reporting
framework that has been applied in their preparation Is appllcable law and United Kingdom Accounting Standards (United
Klngdom Generally A￿pted Accounting Practice).
In our opinion the finanaal statements:
give a true and fair view of the state or the charitable companvs affairs as at 31 March 2024 and of Its incoming
resources and application of resource5, Including its income and expenditure, for the year then ended.
have been properly prepared In accordance with United Kingdom Generally Accepted Accounting Practi￿. and
have been prepared In accordance with the requlrements of the Companies Act 2006.
Basis for oplnlon
We conducted our audft in accordance with Intematlonal Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial
statements sectlon of our report. We are independent of the charitable company in accordance with the ethlcal
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard,
and we have fulfilled our other ethical respon5ibillties in accordance with these requirements. We believe that the audit
eviden￿ we have obtained is sufficient and appropiiate to provKJe a basls fr&r our opinion.
Concluslons relating to going conom
In auditing the financial statements, we have concluded that the trusteeg use of the going concern basis of accounting in
the preparatlon of the financial statements is appropriate.
Based on the work we have performed, we have not identified any materlal Un￿rtaIntieS relating to events or conditions
that, individually or collectivelyi may cast significant doubt on the charitable company's abillty to continue as a going
con￿rn for a period of at least twelve months from when the financial statements are authorlsed for iSSLte.
Our respon5ibllitles and the responsibllitles of the trustees wlth respect to going concern are described in the relevant
sectlons of this report.
Other Information
The trustees are responsible for the other information. The other information comprises the informatlon included in the
Annual Report, other than the financlal statements and our Report of the Independent Auditors thereon.
Our opinlon on the financial statements does not cover the other Information and, except to the extent otherwise
expllcitly stated in our report, we do not express any form of assurance conclusion thereon.
In connectlon with our audit of the flnancial statements, our responsibility is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained In the audit or otherwise appears to be materially misstated, If we Klentify such material inconsistencies or
apparent material misstatements, we are required to determine whether this glves rise to a material misstatement In the
financlal ststements themselves. If, based on the work we have performed, we condude that there is a material
misstatement of this other information, we are wuired to report that fact. We have nothing to report in thls regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the Information given in the Report of the Trustee5 ft)r the financial year for which the financial statements are
prepa￿d 15 consistent with the financial statements; and
the Report of the Trustees has ￿en prepared in accordance with a￿lcable legal requlrements.
Page 5

Report of the Independent Audltors to the Members of
The UKI Charitable Foundatlon
Matters on which we are requlred to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respert of the following matters where the Companres Act 2006 requires US to report to you
if, in our opinion:
adequate accounting records have not been kept or returns adequate f(Y our audit have not been re￿iVed from
branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns; c
certain dlsdosures of trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audlt. or
the trustees were not entitled to take advantsge of the small companies exemptlon from the requirement to prepare a
Strategic Report or in preparing the Report of the Trustees.
Responslbllltles of trustees
A5 explained more fully in the Ststement of Trustees, Responsibilities, the trustees (who are also the directors of the
charltable company for the purposes of company law) are responsible for the preparation of the financlal statements and
for being satisfled that they give a true and fair view, and for such internal control as the trustees determine is necessary
to enable the preparation of financlal statements that are free from material misstatement, whether due to fraud or error,
In preparing the financlal statements, the trustees are res￿nsIble for assessing the charltable company's ablllty to
contlnue as a going concern, disclosing, as applicable, matters related to going concern and using the golng con￿rn
basls of accounting unless the trustees elther intend to liquidate the charitable company or to cease operations, or have
no realistic alternative but to do ￿.
Page 6

Report of the Tndependent Audltors to the Members of
The UKI Charitable Foundation
Our responsibilities for the audit of the financial statements
Our objectlve5 are to obtsin reasonable assuran￿ atKJut whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to is￿e a Report of the Independent Auditors that includes
our opinion. Reasonable assurance is a high level of assuran￿, but is not a guarantee that an audit conducied in
accordance with ISAS (UK) will always detert a material misstatement when it exists. Misststements can arise from fraud
or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influen
the economic declslons of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, Includlng fraud is detsiled below:
We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial
statements from our sector experience through discussion with the trustees and other management ( a5 required by
auditing standards).
We had regard to laws and regulations in areas that directly affect the financlal statements including finanaal reporting
(including related legislatlon). We considered that extent of compliance with those laws and regulations as part of our
procedures on the related financial ststement items.
With the exception of any known or possible non-CrMnpllan￿, and as requlred by auditing standards, our work In respect
of these was limited to enquiry of the trustees.
We communlcated Identified laws and regulations throughout our team and remained alert to any indScatlons of
non-compliance throughout the audit.
We addressed the risk of fraud through management override of controls, by te5tlng the appropriateness of journal
entries and other adjustments; assessing whether the judgements made in making accounting e5tlmates are indicative of
a potentlal blas; and evaluating the business rationale of any signiflcant transadlons that are unusual or outslde the
normal course of business.
Our audit procedures were designed to respond to risks of material misstatement In the financial statements, recognlslng
that the risk of not detecting a material mlsstatement due to fraud is higher than the risk of not detecting one resulting
from error as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through colluslon.
There are inherent Ilmltatlons in the audit procedures performed and the further removed non-compliance with laws and
regulations is from the events and transactions refleited In the financial statements, the less Ilkely we are to become
aware of It.
A further description of our responslbilities for the audit of the financlal statements Is located on the Financlal Reporting
Council's webslte at www.frc.org.ukJauditor5respon5ibilities. This de￿riptIOn forms part of our Report of the Independent
Audltors.
Use of our report
This report is made solely to the charitable company's members, as a b(KIy* in accordance with Chapter 3 of Part 16 of
the Companles Art 2006. Our audit work has been undertaken 50 that we might state to the charitable company's
members those matter5 we are required to state to them in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assume responslblllty to anyone other than the charitable company and the
charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed,
Aryeh Melinek (Senior Statutory Auditor)
for and on behalf of Melinek Fine LLP
Chartered Accountants
ststutory Auditors
First Floor, Winston House
349 Regents Park Road
London
N3 IDH
Date..
Page 7

THE UKI CHARITABLE FOUNDATION
Statement of Financial Activities
FOR THE YEAR ENDED 31 MARCH 2024
2024
Unrestricted
fund
2023
Total
fijnds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,245,874
Investment income
359,153
562,066
Total
1,605,027
562,066
EXPENDITURE ON
Raising funds
706,456
482,468
Charitable activities
Grants to organisatlons
784,981
155,500
Other
27,457
(8,109)
Total
1,518,894
629,859
Net gainsl(losses) on Investments
(2,766,459)
48,775
NET INCOMEI(EXPENDITURE)
(2,680,326)
(19,018)
RECONCILIATION OF FUNDS
Totdl funds brought fornard
6,452,011
6,471,029
TOTAL FUNDS CARRIED FORWARD
3,771,685
6,452,011
The notes fomi part of these financial statements
Page 8

THE uia CHAIUTABLE FCAINDATION (REfjZSWEReD NUMBEL. 03OL19638)
Balanc4 Sheet
31 MARIJI 2024
2024
Tthl
ffiJThJs
FJJED ASSErs
Inv•&tm•nt£
Investments
Investment prop•ty
13
14
978,IJ08
3fi25,1))O
994,467
6,315.0￿1
4,603
7P69,467
Debttys
Investrnents
Cath ot b•nk
298,026
276,083
184,565
16
199,355
63,182
526,570
758,674
CREDrroRS
AmoLmts f4lllng vlthln one year
17
(186,516)
(394,572)
NEf CURRErff ASSEf8
240.054
364,102
4,813,062
7,733,569
falUNJ after r￿re than ￿ Trir
18
(1.￿1,377) {1,281,558)
NEf ASSErs
3,771,685
6,452,011
PUNDS
21
3,771.695
6,452,011
TOTAL FUNDS
3.711.685
6,452WII
subJ&t to the small a)mpank5 rEgime.
ents were apwoved by the 8oJnl rf Tn&ges •nd •utlKrf*J for on
and Yrtre *i*d on Ils behBY ty:

THE UKI CHARITABLE FOUNDATION
Cash Flow Statement
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Note5
Cash flows from operating activlties
Cash generated from operations
Interest paid
63,157
(92,750)
(93,557)
(79,476)
Net cash used in operating activities
(29,593)
(173,033)
Cash flows from investlng activltles
Purchase of fixed asset investments
Interest received
(185,929)
105,300
118,391
Net cash provided by/(used in) investlng activities
118,391
(80,629)
Cash flows from financing activities
Loan repayments in year
(210,181)
(210,768)
Net cash used in financing activltles
(210,181)
(210,768)
Change in cash and cash equivalents In
the reportlng period
Cash and cash equivalents at the
beglnning of the reporting period
(121,383)
(464,430)
184,565
648,995
Cash and cash equivalents at the end of
the reportlng perlod
63,182
184,565
The notes form part of these finanaal statements
Page 10

THE UKI CHARITABLE FOUNDATION
Notss to the Cash Flow Statement
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Net expenditure for the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Losses/(galn) on investments
Interest received
Interest paid
Decrease in debtors
Decrease In creditors
{2,680,326)
(19,018)
2,766,459
(118,391)
92,750
110,721
<108,056)
(48,775)
(105,300)
79,476
152,235
(152,175)
Net cash provided byl(used in) operatlons
63,157
(93,557)
ANALYSIS OF CHANGES IN NET DEBT
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank
184,565
(121,383)
63,182
184,565
(121,383)
63,182
Llquld resources
Deposits included in cash
Current asset Investments
276,083
(76,728)
199,355
276,083
(76,728)
199,355
Debt
Debts falling due wlthin l year
Debts falling due after l year
(220,000)
(1,281,558)
(220,000)
(1,071,377)
210,181
(1,501,558)
210,181
(1,291,377)
Totsl
(1,040,910)
12,070
(1,028,840)
The notes ftKm part of th&5e financial statements
Page 11

THE UKI CHARITABLE FOUNDATION
Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable companyi which is a public Eenefit entty under FRS 102, have been
prepared in accordance with the Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charitie5.' Statement of
Recommended Practi￿ applicable to charities preparing their accounts in accordance wlth the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Ret)orting
Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The flnancial statements have been prepared under the historical cost convention, wlth the exception of
investments which are included at market value, as modified by the revaluation of certain assets.
Income
All income is recognlsed In the Statement of Financial Activities On￿ the charity has entitlement to the funds, it is
probable that the Income will be recelved and the amount can be measured rdiably.
Gross income consists of Investment Income arising from the charity'5 assets.
Income is categorised as income from investment and other income and is recogni5ed in the statement of
financial activitie5 (SOFA) on a recelvable basis, when a transaction or other event results in an increase in the
charity's assets or a reductlon in its liabllities and only when the charlty has legal entitlement, the income is
probable and can be measured reliably. All income is accounted for gross, before deducting any related fees or
costs.
Expendlture
Llabilities are recogni5ed as expenditure as soon as there is a legal or construttive obllgatlon committlng the
charity to that expenditure, it is probable that a transfer of economic benefits wlll be required in settlement and
the amount of the obligatlon can be measured reliably. Expenditure is accounted for on an accrua15 bas15 and has
been dassified under headings that aggregate all cost related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to actlvities on a basis consistent wlth the use of
resourtts.
Allocating costs to actlvlties
Direct costs that are spcclfically related to an activity are all￿ated to that artivlty.Shared direct costs and support
costs are apportioned between activities.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment
but not accrued as expenditure.
Fixed asset investments
Fixed asset Investment properties and slmilar investments are shown inltially at cost upon acqulsition and at thelr
market value at the balance sheet date, at the end of the financial period. Investment propertles are not
depreciated.
The main investment propety is carried at fair value with referen￿ to the trustees valuation. The change in fair
value ha5 been recognised in the year.
Taxation
The charity Is exempt from corp)ration tax on its charltable activities. The Trustees consTrder that the charity
satisfies the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 for UK corporation tax purposes.
Accordingly, the charityls wtentially exempt from taxation in respect of income or capltal gains re￿iVed wlthin
categories
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the disc￿tIOn of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when speclfied by the donor or when funds a￿ raised for particular restricted purposes.
Further explanation of the nature and pUr￿Se of each fund 15 irKluded in the notes to the financial statements.
Page 12
continued...

THE UKI CHARITABLE FOUNDATION
Notes to the Financlal Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES - contlnued
Going concern
As part of the trustees a5wsment of going COn￿rn. the trustees have revlewed the cash flow projection5 of the
charity. In light of the projected flow of rentsl income and the cur￿nt and future committed support from the
charity's lender, the Co-operative Banl it Is the opinion of the trustees, that the charlty has sufflcient cash to
meet its commitments as they fall due.
Future assumption continues to be that the income will contlnue from the charity's investments, and the risks are
subject to ensuring that lessees continue to be suitable for letting to tenants.
Debtors
Debtors are measured at their recoverable amounts at the balan￿ sheet date.
Creditors
A Ilability, and related expenditure, Is recognised when a legal or constructive obllgatlon exists as a resuSt of a
past event, and when it is more likely than not that a transfer of economic benefits will be required in seitlement,
and when the amount of the obllgation can be measured or reliably estimated. Short term credltors are measured
at transaction Pr1￿ (which is usually the invoice price).
Forelgn currencies
Transactlons in foreign currencies are recognised at the rate ruling at the date of the transaction. Monetary assets
and liabilitles denomlnated in foreign currencies are translated at the rate of exchange ruling at the balan￿ sheel.
date. All differences are taken to the profit and loss account.
Winding up or dissolutlon of the charity
If upon winding up or dissolution of the charity there remaln any assets, after the 5atfsfaction of all debts and
113bilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or
bodles havlng simllar objects to the charity.
Signlficance of financial Instruments to the charity's Posltion
The charlty only has financlal assets and financial liabilities of a kind that qualify as baslc financial Instruments,
Baslc financial instruments are Initially recognised at transartion value and subsequently measured at their
settlement value.
CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY
The charity makes certain estlmates and assumptions regardlng the future. Estimates and judgements are
continually evaluated based on hlstorical experience and other fattors, including expectation of future events that
are belleved to be reasonable under the arCumstan￿5. In the future, attual experientr may differ from these
estlmates and assumptions. The estimates and assumptions that have a slgnificant risk of causing a materlal
adjustment to the Carr￿ng amounts of assets and liabllities within the next financial year are discussed below.
Investment properties
Investment propertles are valued by the trustees with referen￿ to current market rents and yield5 for slmilar
properties, in addition to avallable information in respect of resale value5 and property speclfic factors such as
locatlon and condition of the property. Therefore the valuations are 5ubJert to a degree of Un￿rtainty, particularly
In periods of difficult market or economic conditlons.
Investments
The company makes an estimate of the fair value of unlisted Investmen￿ When assesslng fair value of such
investments, management considers factor5 includlng the current net assets and profitability of the investment.
Debtors
Debtors are measured at transaction pri￿, less any impaimient. Loans Notes re￿[Vable are measured initially at
fair value, net of transaction costs, and are measured subsequently at amortised cost using the effettive interest
method, less any impairment. The estimatii)n of impairments is such that actual outcomes could differ
significantly from those estÉmates.
Page 13
continued...

THE UKI CHARITABLE FOUNDATION
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
1,245,874
INVESTMENT INCOME
2024
2023
Rents received
Income from lease extensions
Interest received
Insurance reImbur￿ment
Commission received
232,233
3,667
118,391
4,617
245
435,085
21,325
105,300
356
359,153
562,066
RAISING FUNDS
Investment management costs
2024
2023
Property lettlng and management fees
other property outgoings
Insurance
Professional fees
Property rate5 and Serv1￿ charges
Interest payable and similar charge5
9,205
788
23,185
19,029
545,040
109,209
10,927
211
3,808
25,119
362,927
79,476
706,456
482,468
CHARITABLE AcfiviTIES COSTS
Grant
fundlng of
activities
(see note
7)
Grants to organisations
784,981
GRANTS PAYABLE
2024
2023
Grants to organlsatlons
784,981
155,500
Page 14
continued...

THE UKI CHARITABLE FOUNDATION
Notes to the Financial Statements - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
GRANTS PAYABLE - continued
The total grants paKI to institutions during the year was as follows:
2024
2023
KKL Charity Accounts
Asser Bishvil Foundatlon
Achisomoch Ald Company
Noa Girls
Britlsh Friends of Zaka
Quintessentially Foundation
Torah Chesed Refuah CIO
JNF Charitable Trust
426,481
79,000
9,000
2,500
15,900
5,000
44,100
358,5CrfJ
784,981
155,500
SUPPORT COSTS
Governance
COSt5
Other resourtrs expended
5,748
NET INCOME/(EXPENDITURE)
Net Incomel(expenditure) is ststed after chargingl(credlting):
2024
2023
Auditors, remuneratlon
Exchange rate varian
5,500
21,709
5,000
(13,269)
10. TRUSTEES, REMUNERATION AND BENEFrrs
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
11. srAFF COSTS
There were no staff costs for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Page 15
continued,..

THE UKI CHARrrABLE FOUNDATION
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrivrrIES
Unrestrirted
fund
INCOME AND ENDOWMENTS FROM
Investment income
562,066
EXPENDrruRE ON
Raising funds
482,468
Charltable activlties
Grants to organi5atlons
155,500
Other
(8,109)
Totsl
629,859
Net galns on Investments
48,775
NET INCOMEI(EXPENDITURE)
(19,018)
RECONCILIATION OF FUNDS
Total funds brought forward
6,471,029
TOTAL FUNDS CARRXED FORWARD
6,452,011
13.
FIXED ASSET INVEsfMENTS
Unlisted
Investments
MARKET VALUE
At l April 2023
Revaluatlons
994,467
(16,459)
At 31 March 2024
978,008
NET BOOK VALUE
At 31 March 2024
978,008
At 31 March 2023
994,467
All fixed a￿t5 Investment are held outside the UK.
Page 16
continued...

THE UKI CHARITABLE FOUNDATION
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
FIXED ASSET INVEsfMENTS - continued
Cost or valuation at 31 March 2024 is represented by:
Unlisted
nvestments
Valuatlon in 2022
Valuation in 2023
Valuation in 2024
Cost
5,965
48,775
(16,459)
939,727
978,008
In the oplnion of the trustees, the aggregate value of the investmentsls not less than the amount Included In the
balance Sheet.
14. INVESTMENT PROPERTY
FAIR VALUE
At l April 2023
Impalrments
6,375,000
(2,750,000)
At 31 March 2024
3,625,000
NET BOOK VALUE
At 31 March 2024
3,625,000
At 31 March 2023
6,375,000
The investment propertles has been valued by tnjstees at the year at £3,625,OCM).
The valuation of the investment property is ba*d on the market value in accordan￿ with the followlng definition:
The estimated amount for which an asset or liability should exchange on the valuation date btheen a willing
buyer and a willlng seller in an arm's length transaction.
15.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade debtors
Prepayment5 arKI accrued income
56,008
208,025
99,573
198,453
264,033
298,026
Page 17
continued..

THE UKI CHARITABLE FOUNDATION
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
16. CURRENT ASSET INVESTMENTS
2024
2023
other investments
199,355
276,083
17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 19)
VAT
Other credltors
Accruals and deferred Income
220,000
2,507
3,762
60,247
220,000
30,429
3,701
140,442
286,516
394,572
18. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 19)
1,071,377
1,281,558
19. LOANS
An analysis of the maturity of loans is glven below:
2024
2023
Amounts falllng due within one year on demand:
Bank loans
220,000
220,000
Amount5 falllng between one and IMO years:
Bank loans - 1-2 years
1,071,377
440,000
Amounts falllng due belNieen two and five years:
Bank loans - 2-5 years
660,000
Amounts falling due In more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
181,558
20.
SECURED DEBTS
The followlng secured debts are inclLtded within creditors:
2024
2023
Bank loans
1,291,377
1,501,558
Bank loans are secured on the charity's investM￿t properties.
Page 18
continued...

THE UKI CHAR￿ABLE FOUNDATION
Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
21.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
6,452,011
(2,680,326)
3,771,685
TOTAL FUNDS
6,452,011
{2,680,326)
3,771,685
Net movement in funds, included in the above are as follows:
Incomlng
resources
Resources
expended
Galns and
1055es
Movement
in funds
Unrestricted funds
General fund
1,605,027
(1,518,894) (2,766,459) (2,680,326)
TOTAL FUNDS
1,605,027
{1,518,894) (2,766,459) (2,680,326)
Comparatives for movement In funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
6,471,029
(19,018)
6,452,011
TOTAL FUNDS
6,471,029
(19,018)
6,452,011
Comparatlve net movement in funds, induded In the atK)ve are as folk)ws:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fijnds
Unrestricted funds
General fund
562,066
(629,859)
48,775
(19,018)
TOTAL FUNDS
562,066
(629,859)
48,775
(19,018)
Page 19
continued...

THE UKI CHARITABLE FOUNDATION
Notes to the Flnancial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024
22.
RELATED PARTY DISCLOSURES
During the year the year UKI Charitable Foundation received £460,000 (2023:£nil) In donations from a charity
with common trustees.
23.
ULTIMATE CONTROLLING PARTY
The charity is a company limited by guarantee. The members of the company are the trustees. In the event of the
company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.
Page 20