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The Interlink Foundation Annual Report & Accounts
Year ending March 2025
## **Contents**
Statement from the Chair ........................................................................... 3 ....................................................................................4 Interlink's Objectives .....................................................5 Structure, Governance & Management The Year in Numbers ................................................................................... 6 The Year in Media .........................................................................................7 ........................................................................... 9 Supporting Organisations ............................................................................................... 14 Partnerships ..................................................................................................... 21 Advocacy Future Plans ................................................................................................ 28 ....................................................................................29 Acknowledgements Financial Review ......................................................................................... 30 ................................................................. 32 Independent Auditor's Report Statement on Financial Activities ............................................................. 36 Balance Sheet ............................................................................................. 37 Statement of Cash Flow ............................................................................ 38 Notes to the Financial Statement .............................................................39 Reference and Administrative Details ..................................................... 50
## **Statement from the Chair**
I am pleased to present Interlink’s Annual Report and Accounts for 2024/2025, which aptly convey a year well-spent – a year in which we rose to the occasion when it mattered most. Amid ongoing struggles like economic pressures, rising antisemitism and growing demand on community services, Interlink supported the community and its charitable sector in delivering much-needed services.
Interlink's work continued to revolve around its three core approaches: Support, Partnerships and Advocacy. Hundreds of community organisations, and thereby, thousands of individuals were impacted by Interlink's far-reaching work, whether through improved youth improvision, food vouchers, culturallynuanced healthcare, and other areas of importance.
This year also saw changes to Interlink's Board. We thank two long-serving trustees, Mr M. Posen and Mrs S. Schmerler, who stepped down after many years of valued service, and are honoured to welcome the newly appointed Mrs C. Spitz and Mrs M. Davidovitz, elected by local organisations AIHA and Sunbeams, respectively. We are positive that their fresh insight and commitment will guide Interlink in a positive direction through future years.
I sign off with gratitude to Interlink's many partners, members and supporters.
**Mr J M Grosskopf** Chair of Trustees
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## **Interlink's Objectives**
## **Charitable Objectives**
Our charitable objects, as stated on our governing document, are:
To promote any charitable purpose primarily for the benefit of the Orthodox Jewish community and, in particular, the support of voluntary activity, the relief of poverty, and the promotion of health, social welfare and education.
## **Interlink’s Mission**
Our mission is to strengthen the Orthodox Jewish community by:
- Supporting community organisations
- Bringing the voice of community organisations to policy and decision-makers
- Supporting the development of new services to meet community needs
## **History**
The Interlink Foundation was initially founded as a charitable trust in 1993 to provide capacity-building support to Orthodox Jewish community organisations.
As services were developed and the charity was called upon to provide a voice for and leadership to the charities it served, the trustees resolved to change to a membership structure. In 2000, a new charitable company - The Interlink Foundation - was established.
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## **Structure, Governance & Management**
## **Legal Structure**
## **Legal Structure**
Interlink’s Board of Trustees (the Board) has collective responsibility for everything the charity does, including legal responsibility to ensure that Interlink is properly controlled and managed. In carrying out their collective responsibility, the trustees:
The Interlink Foundation is a registered charity and a company limited by guarantee. It is a membership organisation, with full membership open to Orthodox Jewish organisations that meet the criteria, and associate membership open to any organisation or individual that supports its goals and activities. Full members have the right to vote at general meetings and to nominate members for election to the board of trustees.
- Pursue the charitable objectives and use their powers in accordance with The Interlink Foundation’s Memorandum and Articles of Association, other legal requirements, and the principles of good governance.
- Act in the best interest of the organisation and its charitable objectives.
## **Composition of the Board**
- Ensure that there are suitable financial controls and management, and that the charity is and will remain solvent.
Trustees are elected by Interlink’s membership, with elections held each year by postal ballot prior to the Annual General Meeting. One third of the trustees retire and elections are held for the vacant places on the Board. Induction and training are provided for new trustees. None of the trustees are paid for services provided to the Charity. Trustees may be paid for expenses relating to their governance role at Interlink. Expenses paid in any year to any individual trustee have not exceeded £250.
- Agree Interlink’s strategic plans and budgets, and monitor and evaluate its progress against planned objectives and financial targets.
The Board meets regularly so that it can fulfil its role effectively. The Board delegates responsibility for operational management to the chief executive who leads the Interlink employees (‘the team’). Most of the organisation’s plans, policies and processes are developed by the chief executive along with relevant team members, with the Board’s advice and approval.
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-,> THE YEAR IN NUMBERS
Generated an estimated
Delwered
ENgaged with
£2.365.425
240
forthe community. through charityfundraising
and community advocacy
health engagetnent
events nationally
member organisations
Approved a tDt31 of
163
437
Consortium projects
benefitted
Provided
development
supportto
3ccreditÈd feguardIng
certificate5
org3n15atlQn5
6,363
individuals through
partner OrganitionS
Distributed a total of
Oversèw
£202,950
tothe communitythrough GLAfunding siheme
consortium projects.
addressing Meeds like
5POrt5, Vouth & mental health
Raised
profÈssional
5tandard5 of
152
organisations,
including cotnpliance
advice and policies
Nation31 health events
engaged with
Community consortia had a value of
£549,435 1,980
Delivered 3
total of
Cultural and
diver5itytrainings
>>6
## **The Year in media**
## **August 2024**
CWHA participation in annual Shomrim event
## **April 2024**
SEND Awareness event in Hackney
**June 2024** Safeguarding Training
## **July 2024**
SEND Awareness event in North West London
## **November 2024**
**September 2024** Fundraiser's induction course
**September 2024** Safeguarding Training
310 bus route consultation launch
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## **The Year in media**
## **November 2024**
Safeguarding Training
**January 2025** Women’s Health event in Golders Green
**January 2025** Family Health event in Gateshead
## **November 2024**
Women’s Health event in Stamford Hill
## **January 2025**
Family Health event in Manchester
**January 2025** Safeguarding Training
## **February 2025**
Before You Start training
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## **Supporting Organisations**
_Charedi children at a community event hosted by Shomrim, August 2024_
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## **Supporting Organisations**
Supporting Organisations with high quality information, training and consultancy
## **Consultancy**
Interlink’s charity services team serves a wide range of organisations, from those starting out and requiring introductory advice to the established long-running charities needing more strategic solutions.
We support and strengthen community charities so that they can achieve their social missions and respond to community need.
Our charity is firmly on the map… Interlink has been instrumental in helping us get to this point, so I would like to thank you all.
_Mrs B., fundraiser for a local charity_
Thank you for being so helpful and patient throughout the process of getting it all right. Your service has added real value to our policies.
_M.G., local charity director_
## **Services include:**
- Charity registration
- Business plans and strategic planning
- Financial/accounts advice
## **Compliance**
Our compliance offer aims to promote good governance and compliance amongst our member charities.
- Governance guidance
- Monitoring
- Fundraising assistance
## **We provide:**
- Customised policies
- •One-on-one policy handover sessions
- •Free online charity compliance health-check
- Expert over-the-phone advice
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## **Supporting Organisations**
Supporting Organisations with high quality information, training and consultancy
## **Advice, Information & Resources**
Reliable and relevant information is essential for a charity's success. Interlink provides accessible, tailored information and resources to support the diverse needs of community charities, including:
• A monthly newsletter featuring sector updates and funding opportunities, as well as informative e-bulletins whenever interesting opportunities arise mid-month
- Expert over-the-phone advice
- An online resource library
- An on-site library with a wide range of charity publications
## **Premises**
Centrally-located within the community, Interlink’s boardroom plays host to a variety of charity meetings, consultations and networking events.
## **Safeguarding Children**
Interlink is the longstanding main provider of Safeguarding training for the Orthodox Jewish community, training hundreds of practitioners and organisations every year. In the reporting year, as a result of all training delivered, a total of 437 qualification certificates were issued.
All content and presenters of the trainings are approved and accredited by the City and Hackney Safeguarding Children Partnership. The sessions have been praised by statutory and charitable groups as culturally-sensitive, highquality and well-suited for the community’s needs.
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## **Supporting Organisations**
Supporting Organisations with high quality information, training and consultancy
## **Trainings delivered in 2024-2025**
## **Trainings**
Interlink provides a comprehensive range of training programs designed to strengthen charities by enhancing their governance, compliance, and operational capacity. Through these tailored trainings, charities can build the knowledge and skills needed to improve their efficiency, effectiveness, and overall impact. This year, over 457 individuals collectively attended Interlink trainings.
## **Trainings offered include:**
- Before You Start
- Financial Management
- Understanding Accounts
- Equality and Diversity
Safeguarding
Fundraising Governance
- Fundraiser’s Induction course
- Governance and Regulatory Compliance
**95%**
of training attendees were satisfied with the quality of training facilities
Clear, interactive and informative _T.S., training attendee_
A very informative and detailed training which I enjoyed throughout. _Mrs R., training attendee_
Thanks for another excellent training, on the high standard we’ve come to expect – professional yet nuanced, generic and specific, informative, practical, clear and useful.
_Rabbi S., training attendee_
**91%**
**92%**
of training attendees said delivery of information was clear and helpful
of a safeguarding training attendees confirmed they now understood different levels of Safeguarding concerns
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## **Supporting Organisations**
Supporting Organisations with high quality information, training and consultancy
## From Small Idea to Big Impact
How Interlink grows and empowers grassroots initiatives to deliver vital community services
Local group or Meeting activists come up attendees, after with a good idea all information to fill a has been community need, clarified, choose but are unsure to go ahead with about next steps opening a charity
Case is handed over to a member of Interlink’s staff, who registers the organisation as a charity, taking into account cultural nuances and
An Interlink Team member delivers to the group a free initial consultation, providing insight, guidance, and clear steps forward
community needs
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> clarifying robust funding fundraise
> procedures and best opportunities practice independently
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## **Partnerships**
between statutory and community organisations, to deliver best outcomes for all
_Presenting local organisations and their work to the Mayor and CEO of Hackney, November 2024_
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## **Partnerships**
between statutory and community organisations, to deliver best outcomes for all
## **Consortia**
Interlink offers community charities the opportunity to participate in partnership bids for public sector contracts and large grant funding opportunities, enabling them to partner with other community organisations and access new sources of funding for their work.
**S Pinter Youth Project** provides out-of-school **Refreshing Minds** empowers and supports young recreational clubs for children, which include people to improve their social and mental wellbeing. sporting activities like boating , featured here. Here is a creative group activity for young girls.
This year, Interlink led 5 consortia with a value of £549,435, delivering services via 54 local community charities. The consortia delivered a range of youth work, holiday activities, food aid, physical activity, and mental health provision.
## **Some of the local charities we have partnered with to deliver consortium projects:**
Gardening and recreational clubs for mainstream and special-needs children are delivered by **Sonshine Club** .
**Teen Action** provides training and skilldevelopment for young people. Here is a career guidance workshop in session.
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## **Partnerships**
between statutory and community organisations, to deliver best outcomes for all
## **Public Health**
The Charedi Women’s Health Alliance (CWHA), a project of Interlink, links up statutory health partners with community stakeholders. Work includes regular, frank discussions with key partners, informative presentations at local events, and the cascading of important health messaging to the community. CWHA has been recognised by community and statutory health organisations as the culturally-nuanced gobetween for effective messaging.
Charedi Women's Health Alliance table at the Menucha Big Talk Event, May 2024
The Charedi Women's Health Alliance presenting at the annual Shomrim Event, Aug 2024
I am …. proud to be part of the Charedi Health Alliance, which comes under the Interlink Foundation banner. Mrs Sarah Weiss, Public Health Lead and Policy and Compliance Officer, is one of the most inspirational women I have been privileged to meet. When I joined, I thought it would be a few women … not achieving much. To say I was wrong is a complete understatement; there is so much fantastic work being done on behalf of the charedi community, it astounds me… these fabulous women need to be celebrated….
_Chani Shreibhand Founding Editor of The Uplift Magazine, certified Menopause Support Coach_
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## **Partnerships**
between statutory and community organisations, to deliver best outcomes for all
## **Local Engagement around:**
- Safeguarding and child protection
- Planning policy
## **Local Area Partnerships**
Interlink's team actively participate in public and voluntary sector networks, and are often the sole Charedi voice at public forums. Sharing intelligence and information, Interlink serves as the interface between external agencies and the Charedi community.
- Children's therapy services
- Children's mental health services
- SEND provision
- Maternity provision
- Public health messaging
- Childhood immunisation support
In the reporting year, Interlink worked with local/central government on many varied issues of importance, including health, education, safeguarding, welfare and SEND.
- Youth services
- Free School Meals
- Public transport provision
- School sufficiency planning
## **National Engagement around:**
- Antisemitism and Security
- Hospital Kosher meals
- VAT and Business Rates on independent schools
- SEND provision
- Housing challenges
- Employment and training opportunities
Hosting Hackney Moayor Caroline Woodley and Hackney CEO Dawn Carter McDonald at Interlink, to introduce them to local small organisations, Nov 2024
- Free School Meals
- Research and data
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## **Partnerships**
## **NHS England Immunisations Project**
## **Aims**
In September 2024, NHS England commissioned the Charedi Women’s Health Alliance, a project of Interlink, to deliver a national health initiative targeting Charedi communities. The project aimed to improve uptake of childhood vaccinations and enhance vaccine confidence and health literacy, via a three-pronged approach: face-to-face engagement events, varied print publications, and a newly established National Working Group comprised of national partners to oversee the project.
## **Outcomes**
The project, completed in the reporting year, was a resounding success. 5 health engagement events were delivered nationally, attracting a total of 1,980 attendees. During these events, 135 vaccines were administered, demonstrating direct engagement with the community. In addition, 12 health publications were produced and distributed across various locations, reaching a total of 16,978 homes nationally.
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## **Partnerships**
## **NHS England Immunisations Project**
8
16,978
English Health Publications Households 2 11,140 Yiddish Health Publications Households 2 2,800 Health Features Readers of National newspapers
12,300 London
4,000 Manchester
678 Gateshead
6,640
North London, NW London, Canvey Island, Westcliff, Manchester, Antwerp
## 4,500
North London, NW London, Canvey Island, Westcliff
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## **Partnerships**
NHS England Immunisations Project
## National Health Engagement Events
**Stamford Hill, London, 19 November 2024**
**Manchester, 25 November 2024**
**Northwest London, 14 January 2025**
## **Gateshead, 21 January 2025**
The event consisted of a structured health information exchange which focused on healthy lifestyles and choices for women of childbearing age and mothers of teenagers, attracting **120** attendees from the Charedi community.
The engaging agenda covered health and public health topics, including an interactive health quiz on immunisations.
Interlink collaborated with The Hershel Weiss Centre to organise the Manchesterbased events. The Manchester Big Vaccination Catch-Up and Family Fun Day was a resounding success, attracting nearly **1,000** visitors from the Charedi community. The event featured family activities like a bouncy castle, petting farm, and takeaway healthy pizzamaking for children, as well as multiple health and support stands, plus an onsite vaccination clinic. 34 childhood vaccines were administered at the event.
Interlink ran this event in conjunction with CHANA (a Northwest London Jewish charity specializing in reproductive health). Attendees received a resource pack containing health materials, a healthfocused recipe book, and an immunisation schedule fridge magnet. Healthy refreshments were available, alongside co-produced health resources on vaccinations from community and statutory agencies, including the NHS.
The event was hosted in purpose-built facilities at the Bewick Centre. Health and support stands, refreshments and activities were easily accessible in the large and well-equipped hall. Stalls were manned by Health Visitors, Midwives, NHS Vaccination Promotion Team as well as offering baby weighing and fire safety information. Stalls had flyers and resources focusing on immunisations, and health. There was soft play equipment available for the children as well as arts and crafts stations facilitated by the Family Hub team. This event attracted **315** attendees, and vaccinations were administered to 21 children.
**3**
**4**
**2**
**1**
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
_Sarah Sackman MP, visiting Sage Nursing Home in NW London, December 2024_
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **Information and Training about the Community**
People in the public sector make decisions which affect the lives of Charedi people and the work of community organisations.
Interlink works with the public sector to increase knowledge and understanding, targeting organisations and departments which have significant levels of interactions with the community, through the following:
## • Cultural awareness trainings
- Community walkabouts and immersive tours, providing an authentic, on-the-ground glimpse into the Charedi community's way of life and its incredible voluntary sector
- Data collection and publication of reports about the community
Thank you so much for an a fascinating and very insightful interactive training session …the group was so clearly engaged with the discussion.
_Walkabout Attendee_
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **Notable Engagements**
At Hatzola headquarters with Andy Lord, TfL Commissioner, May 2024
A community visit with Colin Shingler, HMRC Assistant Director, Jun 2024
Visiting Sage Nursing Home in NW London with Sarah Sackman MP, Dec 2024
Touring Side By Side School with Lord Mike Katz MBE, With Jack Lubner, Parlimentary Researcher, Feb 2025 Feb 2025
At MARS Medical Advocacy Group with Lord David Wolfson, Shadow Attorney General, Feb 2025
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **Notable Engagements**
Viewing local schools with Tim Waters, SpAd to the Secretary of State for Education, Feb 2025
With Sir Stephen Timms MP, at Hatzola's headquarters, Mar 2025
With Mete Coban, Deputy Mayor of London, March 2025
Charedi Evidence Session – meeting with Commission on Antisemitism, Mar 2025
Visiting NW London with David Pinto-Duschinsky, MP for Hendon, Mar 25
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **Strategy Groups**
Interlink manages and hosts strategy groups, bringing together public sector officials with Jewish community organisations.
Strategy groups meet regularly and provide a space where information can be exchanged, problems raised, and solutions explored.
**In the reporting year, the following strategy groups were conducted:**
- Maternity Services
- Haringey Children & Young People
- Hackney Education
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **Engagement with the Public Sector**
Throughout the year, Interlink facilitated constant engagement with public sector organisations and officials, through meetings and community visits. More than 266 meetings were conducted in the reporting year, covering a range of issues across health, education, and youth.
## **Some Notable Outcomes**
The removal of the two-child cap represented a monumental impact for families living in poverty. Interlink, alongside CPAG, the Church of England, and other early campaigners, opposed the implementation of the cap nearly ten years ago. Sustained advocacy from multiple organisations has now ultimately brought about this change.
Interlink joined the advisory group for the NHS Race and Health Observatory’s work on health communications with Jewish communities. There is now an available toolkit for NHS practitioners.
This year saw the implementation of the new 310 bus route, which has, for the first time, linked Stamford Hill to Golders Green, both predominantly Jewish neighborhoods. This change has been well-received with locals, supporting people in their daily commutes and other travel needs.
Interlink collaborated with the Independent Schools Council to support the VAT legal challenge, helping to make suitable schooling accessible for the Orthodox Jewish community.
Interlink played a pivotal role in shaping the Stamford Hill Area Action Plan (AAP), working closely with the local authority over several years. Through sustained collaboration and negotiation, Interlink was able to broker agreements which ensured the specific housing needs and priorities of the Charedi community were fully represented and embedded in the final plan.
Building on strong relations with Hackney Council, Interlink was invited to contribute to the borough’s research into Charedi school sufficiency. This enabled Interlink to provide real-time, on-the-ground data and intelligence, ensuring the research accurately reflected local needs.
In advance of the July General Election, Interlink took on an important role in encouraging political participation within the Charedi community.
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## **Advocacy**
for community needs, and helping influence policy-makers to work collaboratively and equitably with the community
## **GLA Funding**
Interlink, with funding from the GLA, successfully distributed £202,950 in food support vouchers to Hackney residents during the reporting year. Maximising on its expertise in deep community reach, Interlink worked with local schools, charities and organisations to form a comprehensive distribution network and allocate this funding to families in greatest need of the support. The project was staggered over three tranches, to allow for best delivery.
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## **Future Plans**
## **Building upon its successes, in the future Interlink aims to:**
• Engage in targeted advocacy to address key challenges facing the Orthodox Jewish community in light of the new Labour manifesto. This includes responding to proposals such as the removal of VAT exemption for independent schools and any other policy changes which may disproportionately impact the community.
• Strengthen and broaden the existing Children and Young People’s Strategy Groups by expanding their remit to include adult services, creating a more comprehensive, cradle-to-adulthood support framework for the Charedi community.
• Work proactively with NHS England to develop a nationwide health initiative for the Charedi community, focused on reducing health inequalities and improving outcomes across the three main Charedi population centres in the UK.
• Commission and undertake detailed research to identify priority areas of need within the Charedi community, helping to build an evidence base that
guides policy, service development, and longterm strategic planning.
## **Output Targets 2025-2026**
Engage with 210 community organisations
Provide development support to 120 organisations
Provide training to 100 organisations.
Provide leadership to 3 consortia tenders or projects.
Work with local/central government on 13 issues of importance to the Orthodox Jewish community, including health, education, safeguarding, welfare and SEND.
Engage with public sector organisations and leaders through community visits, strategy groups and meetings.
Work across communities and faiths to achieve common objectives and foster good relations.
## **Outcome Targets 2025-2026**
Generate at least £1 million for community organisations and services.
Help 80 community organisations/charities raise their professional standards and/or develop new services.
Generate £400,000 for members through participation in consortium tenders.
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## **Acknowledgements**
The Interlink Foundation extends heartfelt thanks to its funders and supporters. Your generosity enables Interlink to maximise its impact across communities.
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## **Financial Review**
The economic environment of the voluntary sector and particularly second-tier organisations continue to be hit hard. Through dedicated focus on income generation, after several years of decreased income, trustees are pleased to report that Interlink’s income increased to £1,133,549 (2024 £886,694).
Expenditure for the year was £1,044,676 (2024 £952,049), resulting in a surplus of £88,873.
Interlink continued to attract healthy levels of funding for partnerships and consortia, which increased over the year to £603,752 (2024 £416,635).
## **RESERVES POLICY**
The trustees aim to hold free realisable reserves equal to at least 3 months, but no more than 12 months, running costs, in order to protect services when there are uncertainties as to whether funding will continue and to ensure adequate cashflow for the organisation’s needs.
As at 31 March 2025, the organisation’s reserves (net current unrestricted assets) available for ongoing core activities was £327,441 which equal to 4 months core running costs. The trustees are satisfied that this is consistent with the reserves policy.
The charity has improved its debtor-management mechanisms over the last year, however there are still some challenges with committed funding income that is paid in arrears. Delays in drawing these funds may cause cash levels to dip, and the trustees continue to aim for further improvement.
## **RISK MANAGEMENT**
The charity produces a risk register that sets out the operational and
strategic risks to which the charity is exposed, and how these risks are managed and controlled. There is a process for internal audit which provides checks that controls are working effectively and that risk is managed in a proportionate way. Internal audit arrives at ratings for each area of risk management and identifies actions for improvement where appropriate.
## **PUBLIC BENEFIT**
In planning activities for the year, the trustees took due heed of the Charity Commission’s guidance on the requirement to provide public benefit, as well as the requirements of the Equalities Act 2010. Trustees and staff undergo periodic training in both these areas.
The trustees are confident that the focus on the Orthodox Jewish community complies with all relevant legislation and guidance. Additionally, much of the organisation’s work is for the wider benefit, for example the inter-faith work and cross-community voluntary sector partnership work. Some of the charity’s work is considered exemplary, and influences services to the wider public and other communities.
## **RESPONSIBILITIES OF THE TRUSTEES**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable
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## **Financial Review**
## **RESPONSIBILITIES OF THE TRUSTEES** (continued)
company for that period. In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## which the charity's auditor is unaware; and
- each trustee has taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.
## **SMALL COMPANY PROVISIONS**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
By order of the board:
J Baumgarten Governor 22 December 2025
## **AUDITOR**
Cohen Arnold are deemed to be re-appointed under section 487(2) of the Companies Act 2006.
Each of the persons who is a trustee at the date of approval of this report confirms that:
- so far as each trustee is aware, there is no relevant audit information of
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## **Independent Auditor's Report** to the Members of the Interlink Foundation for the Year Ended 31 March 2025
## **OPINION**
We have audited the financial statements of The Interlink Foundation (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
## In our opinion, the financial statements:
• give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
- have been prepared in accordance with the requirements of the Companies Act 2006.
## **BASIS FOR OPINION**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical 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 responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **CONCLUSIONS RELATING TO GOING CONCERN**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **OTHER INFORMATION**
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial 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
32
## **Independent Auditor's Report**
## to the Members of the Interlink Foundation for the Year Ended 31 March 2025
## **OTHER INFORMATION** (continued)
records and returns; or
materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006**
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; and
• the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Trustees Annual Report and take advantage of the small companies exemption from the requirement to prepare a strategic report.
In our opinion the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements and the trustees' report has been prepared in accordance with applicable legal requirements.
## **MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION**
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
## **RESPONSIBILITIES OF TRUSTEES**
As explained more fully in the trustees' responsibilities statement, the trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
- the financial statements are not in agreement with the accounting
33
## **Independent Auditor's Report**
## to the Members of the Interlink Foundation for the Year Ended 31 March 2025
## **AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS**
We discussed with the trustees the policies and procedures regarding compliance with these legal and regulatory frameworks.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity through discussion with the trustees and identified financial reporting legislation and charity legislation as being most significant to these financial statements.
We communicated these identified frameworks amongst our audit team and remained alert to any indications of non-compliance throughout the audit. We ensured that the engagement team had sufficient competence and capability to identify or recognise non-compliance with the laws and regulations.
We assessed the susceptibility of the charity's financial statements to material misstatement due to non-compliance with legal and regulatory frameworks, including how fraud might occur, by enquiry with the trustees during the planning and finalisation phases stages of our audit. The susceptibility to such material misstatement was determined to be low.
Based on this understanding, we designed our audit procedures to identify non-compliance with the identified legal and regulatory frameworks, which were part of our procedures on the related financial statement items.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
34
## **Independent Auditor's Report** to the Members of the Interlink Foundation for the Year Ended 31 March 2025
## **AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS** (continued)
internal control.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
• Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
## **USE OF OUR REPORT**
This report is made solely to the charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed.
DAVID GOLDBERG (Senior Statutory Auditor)
For and on behalf of: COHEN ARNOLD Chartered Accountants & statutory auditor
New Burlington House 1075 Finchley Road, London NW11 0PU
22 December 2025
35
## **Statement of Financial Activities**
## for the Year Ended 31 March 2025 (incorporating an income and expenditure account)
|**Note**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total funds**
**2025**
**£**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total funds**
**2024**
**£**|**Note**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total funds**
**2025**
**£**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total funds**
**2024**
**£**|
|---|---|
|||
|**INCOME FROM**
**Donations and legacies**
**Charitable activities**
Support to organisations
Policy & public sector partnership
Funding partnerships and consortia
**Other**
**Investments**
**Total income**
**EXPENDITURE ON**
**Raising funds**
**Charitable activities**
Support to organisations
Policy & public sector partnership
Funding partnerships and consortia
**Total expenditure**
**Net income/ (loss) before transfer**
**Transfer between funds**
**Net income/ (loss) for year**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**
2
3
3
3
4
5
6
6
6
6|59,941
75,719
38,827
257,882
37,411
320
-
35,000
282,579
345,870
-
-
**59,941**
**110,719**
**321,406**
**603,752**
**37,411**
**320**
61,442
100,136
11,936
100,480
27,552
333
-
63,000
205,660
316,155
-
-
61,442
163,136
217,596
416,635
27,552
333|
||470,101
663,449
**1,133,549**
301,879
584,815
886,694|
||12,315
119,470
57,738
199,359
-
35,000
274,925
345,870
**12,315**
**154,470**
**332,663**
**545,228**
7,659
127,420
165,784
90,371
-
63,000
181,660
316,155
7,659
190,420
347,444
406,526|
||388,882
655,795
**1,044,676**
391,234
560,815
952,049|
||81,219
81,219
7,654
7,654
**88,873**
**88,873**
(89,355)
(89,355)
24,000
24,000
(65,355)
(65,355)|
||254,201
335,420
24,000
31,654
**278,201**
**367,074**
343,556
254,201
-
24,000
343,556
278,201|
All the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movement in funds are disclosed in Note 15 to the financial statements.
The notes on pages 39 to 49 form part of these financial statements.
36
## **Balance Sheet** As at 31 March 2025
|**Note**|**2025**
**£**
**2025**
**£**
**2024**
**£**
**2024**
**£**|
|---|---|
|||
|**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Debtors
Cash in bank and at hand
**LIABILITIES**
Creditors: amounts falling due
within one year
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**FUNDS**
Restricted income funds
Unrestricted income funds
**Total charity funds**
11
12
13
14
15|**7,979**
12,859|
||**153,375**
**287,529**
168,631
155,385|
||**440,904**
324,016|
||**81,809**
58,674|
||**359,095**
265,342|
||**367,074**
**367,047**
278,201
278,201|
||**31,654**
**335,420**
24,000
254,201|
||**367,074**
278,201|
These financial statements were approved by the members of the committee on 22 December 2025 and are signed on their behalf by:
J Baumgarten JM Grosskopf Governor Governor
The notes on pages 39 to 49 form part of these financial statements.
37
## **Statement of Cash Flow**
## For the Year Ended 31 March 2025
||**2025**
**£**
**2024**
**£**|
|---|---|
|||
|**CASH FLOWS FROM OPERATING ACTIVITIES**
Net income/ (loss)
Adjustments for:
Bank interest receivable
Depreciation
Gain on Disposal of Fixed Assets
Changes in:
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest received
Net cash from operating activities
**CASH FLOWS FROM INVESTING ACTIVITIES**
Purchase of fxed assets
Proceeds from sale of tangible assets
Net cash from investing activities
**NET INCREASE IN CASH AND CASH EQUIVALENTS**
**CASH AND CASH EQUIVALENTS AT BEGINNING**
**OF YEAR**
**CASH AND CASH EQUIVALENTS AT END OF YEAR**|**88,873**
(65,355)|
||**(320)**
**4,880**
-
(333)
5,832
-|
||**15,256**
**23,135**
63,009
(38,470)|
||**131,824**
(35,317)|
||**320**
**132,144**
**-**
-
333
(34,984)
(900)
-|
||**-**
(900)|
||**132,144**
(35,884)|
||**155,385**
**287,529**
191,269
155,385|
38
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
## **1. ACCOUNTING POLICIES**
performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
## **General Information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 4th Floor Offices, 97 Stamford Hill, London, N16 5DN.
Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **Statement Of Compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
## **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 bank.
## **Basis Of Preparation**
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, rounded to the nearest whole pound which is the functional currency of the entity.
## **Going Concern**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
## **Income**
Income is recognised when the charity has entitlement to the funds, any
## **Fund Accounting**
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## **Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
• Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any
39
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
## activities with a fundraising purpose
- Expenditure on charitable activities includes the costs of activities and services undertaken to further the purposes of the charity and their associated support costs
- Other expenditure represents those items not falling into any other heading
A detailed breakdown of support costs and their allocation to each activity is provided in Note 6.
## **Operating Leases**
Rental charges are charged on a straight line basis over the term of the lease.
## **Allocation Of Support Costs**
Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function (support costs), is apportioned on the following basis which are an estimate, based on the use by each activity of staff time or other overhead costs, of the amount attributable to each activity.
- Support to organisations 24%
- Policy and public sector partnerships 37%
- Support costs 25% • Funding partnerships and consortia 13% • Raising Funds 1%
Support and governance costs are re-allocated to each of the activities on the following basis, which is an estimate, based on staff, of the amount attributable to each activity.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **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. Cash balances exclude any funds held on behalf of service users.
## **Creditors And Provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
- Support to organisations 32%
- Policy and public sector partnerships 50%
- Funding partnerships and consortia 18%
Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity's activities.
## **Financial Instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
40
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
## **2. INCOME FROM DONATIONS AND LEGACIES**
|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**|
|---|---|
|||
|Shoresh Charitable Trust
Aberdeen Foundation
Other donations
CST
1,983
6,952
21,227
29,779
59,941
-
-
-
-
-
**1,983**
**6,952**
**21,227**
**29,779**
**59,941**
5,983
25,000
1,331
29,128
61,442
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**3. INCOME FROM CHARITABLE ACTIVITIES**
**2025**
**£**
**2024**
**£**
**SUPPORT TO ORGANISATIONS**|1,983
6,952
21,227
29,779
-
-
-
-
**1,983**
**6,952**
**21,227**
**29,779**
5,983
25,000
1,331
29,128|
||59,941
-
**59,941**
61,442|
|||
|Awards for All
City Bridge Trust
Maurice Wohl CF
Membership fees
Education and training
Consultancy
Fees for policies|-
-
-
8,911
12,200
49,106
5,502
-
25,000
10,000
-
-
-
-
-
**25,000**
**10,000**
**8,911**
**12,200**
**49,106**
**5,502**
10,000
53,000
-
7,778
15,136
68,980
8,242|
||75,719
35,000
**110,719**
163,136|
41
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**
**POLICY & PUBLIC SECTOR PARTNERSHIP**
**3. INCOME FROM CHARITABLE ACTIVITIES - continued**|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**
**POLICY & PUBLIC SECTOR PARTNERSHIP**
**3. INCOME FROM CHARITABLE ACTIVITIES - continued**|
|---|---|
|||
|City Bridge Trust Anchor Programme
Delapage Ltd
SEND Partnership Project
LB Hackney
LB Hackney (WAMHS & Mental Health Network)
LB Hackney Culture
LB Haringey Health Champion
London Legacy & Health Equity Partnership
NHS England
Trust for London
The Bluston Charitable Settlement
Consultancy
Education & training
Reimbursement of expenses|-
-
-
-
-
-
-
-
-
15,630
1,500
21,697
130,305
50,000
7,875
38,500
-
5,000
3,249
28,000
-
19,650
-
-
-
-
**130,305**
**50,000**
**7,875**
**38,500**
-
**5,000**
**3,249**
**28,000**
**-**
**19,650**
**-**
**15,630**
**1,500**
**21,697**
69,000
-
-
38,500
3,242
-
-
35,000
10,171
39,750
9,997
-
5,750
6,186|
||38,827
282,579
**321,406**
217,596|
42
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
## **3. INCOME FROM CHARITABLE ACTIVITIES - continued**
|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**
**FUNDING PARTNERSHIPS & CONSORTIA**|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**
**FUNDING PARTNERSHIPS & CONSORTIA**|**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**2025**
**£**
**2024**
**£**
**FUNDING PARTNERSHIPS & CONSORTIA**|
|---|---|---|
||||
|Comic Relief - Changing Minds
GLA (via LB Hackney)
LB Hackney - Young Hackney
LB Hackney/Haringey/Barnet - HAF Programme
LB Hackney - AICS
National Lottery - Reaching Communities
NHS Health Programme
Sport England - Together Fund
Reimbursement of expenses
-
-
107,054
96,512
-
-
54,316
-
-
257,882
-
206,375
-
-
12,000
127,495
-
-
-
345,870
**-**
**206,375**
**107,054**
**96,512**
**12,000**
**127,495**
**54,316**
**-**
**-**
**603,752**
7,545
-
100,000
111,110
-
122,500
-
75,000
480
416,635
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**4. OTHER**
**2025**
**£**
**2024**
**£**|-
-
107,054
96,512
-
-
54,316
-
-
-
206,375
-
-
12,000
127,495
-
-
-
**-**
**206,375**
**107,054**
**96,512**
**12,000**
**127,495**
**54,316**
**-**
**-**
7,545
-
100,000
111,110
-
122,500
-
75,000
480||
||||
|Rent and service charge income
Other reimbursements||37,411
-
37,411
-
-
-
37,411
-
**37,411**
25,620
1,932
27,552|
43
## **Notes to the Financial Statement**
## For the Year Ended 31 March 2025
## **5. INCOME FROM INVESTMENTS**
||320
-
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**320**
333
**2025**
**£**
**2024**
**£**
**Raising**
**funds**
**£**
**Support to**
**organisations**
**£**
**Policy &**
**public sector**
**partnerships**
**£**
**Funding**
**partnerships**
**& consortia**
**£**
**Governance**
**costs**
**£**
**Support**
**costs**
**£**
**2025**
**£**
**2024**
**£**|320
-
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**320**
333
**2025**
**£**
**2024**
**£**
**Raising**
**funds**
**£**
**Support to**
**organisations**
**£**
**Policy &**
**public sector**
**partnerships**
**£**
**Funding**
**partnerships**
**& consortia**
**£**
**Governance**
**costs**
**£**
**Support**
**costs**
**£**
**2025**
**£**
**2024**
**£**|
|---|---|---|
||||
|Bank interest
**6. ANALYSIS OF EXPENDITURE**|**Raising**
**funds**
**£**
**Support to**
**organisations**
**£**
**Policy &**
**public sector**
**partnerships**
**£**||
||||
|Stafng costs
Premises costs
Ofce running costs
Staf development & training
Publicity
Training and events
Legal & professional fees
Accountancy & audit fees
Other expenses
CRM
Capital depreciation
Subcontracted services
**Total expenditure**
**Direct expenditure**|11,585
546
184
-
-
-
-
-
-
-
-
-
87,342
13,112
4,407
309
543
5,741
748
-
783
-
-
-
214,476
20,214
6,794
484
343
5,701
18,625
-
1,207
-
-
-|32,376
7,102
2,387
174
123
-
405
-
424
-
-
478,901
-
-
-
-
-
-
-
10,080
-
-
-
-
58,174
43,437
4,591
-
-
-
4,067
-
846
3,563
4,880
-
**403,954**
**84,412**
**18,363**
**967**
**1,009**
**11,442**
**23,845**
**10,080**
**3,260**
**3,563**
**4,880**
**478,901**
454,383
81,651
23,369
2,630
10,108
23,117
12,901
9,240
1,729
-
5,832
327,089|
||12,315
112,985
267,843|521,893
10,080
119,559
**1,044,676**
952,049|
44
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
|**6. ANALYSIS OF EXPENDITURE**
**continued**|**Raising**
**funds**
**£**
**Support to**
**organisations**
**£**
**Policy &**
**public sector**
**partnerships**
**£**
**Funding**
**partnerships**
**& consortia**
**£**
**Governance**
**costs**
**£**
**Support**
**costs**
**£**
**2025**
**£**
**2024**
**£**|
|---|---|
|||
|**Support costs**
Stafng costs
Premises costs
Ofce costs
Legal & professional
Other costs
CRM
Depreciation
**Governance costs**
**Total support & governance costs**
**Total expenditure**
(including support costs)|-
-
-
-
-
-
-
-
18,616
13,900
1,469
1,302
271
1,140
1,562
3,226
29,087
21,719
2,295
2,034
423
1,782
2,440
5,040
10,471
7,819
826
732
152
641
878
1,814
-
-
-
-
-
-
-
(10,080)
(58,174)
(43,437)
(4,591)
(4,067)
(846)
(3,563)
(4,880)
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
-
-
-|
||-
41,484
64,819
23,335
-
-
**129,639**
-|
||12,315
154,470
332,663
545,228
-
-
**1,044,676**
952,049|
|||
|**7. NET INCOME FOR THE YEAR**|**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|**This is stated after charging:**|||
|Depreciation|**4,880**|5,832|
|Auditors’ remuneration|**10,080**|8,400|
|Operating lease rental on building|**43,750**|43,750|
Depreciation Auditors’ remuneration Operating lease rental on building
45
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
|**8. ANALYSIS OF STAFF COSTS, STAFF NUMBERS, TRUSTEES REMUNERATION &**
**EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL**|**2025**
**£**
**2024**
**£**|
|---|---|
|||
|**Total staf costs were as follows:**
Staf costs
NI (er)
Pension (er)
**Staf numbers**|**390,774**
**10,095**
**3,085**
**403,954**
441,769
9,704
2,910
454,383
**2025**
**2024**|
|||
|The average number of employees during the year were as follows:
(head count based on number of staf employed)
Full time staf
Part time staf
**Total number of staf**|**1**
**11**
**12**
2
10
12|
No employee received remuneration of more than £60,000 during the year (2024 - £nil).
The total employee benefits (including pension contributions and employer’s national insurance) of the key management personnel were £98,916 (2024 - £85,812).
The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024 - £nil). No charity trustee received payment for professional or other services supplied to the charity (2024 - £nil). None of the trustees were reimbursed for any expenses during the year (2024 - £nil).
46
## **Notes to the Financial Statement** For the Year Ended 31 March 2025
## **9. RELATED PARTY TRANSACTIONS**
## **12. DEBTORS**
There are no related party transactions to disclose for 2025 (2024 - £nil).
## **10. TAXATION**
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
||**2025**
**£**
**2024**
**£**|
|---|---|
|||
|Fees or grants receivable
Prepayments
Accrued income
Rent deposits|**18,496**
**10,937**
**121,255**
**2,687**
28,470
10,937
129,224
-|
||**153,375**
168,631|
|**Equipment**
**& furniture**
**£**
**11. TANGIBLE FIXED ASSETS**|**Equipment**
**& furniture**
**£**
**11. TANGIBLE FIXED ASSETS**|
|---|---|
|||
|**COST**
At 1 April 2024
Additions
**At 31 March 2025**
**DEPRECIATION**
At 1 April 2024
Charge for the year
**At 31 March 2025**
**NET BOOK VALUE**
**At 31 March 2025**
At 31 March 2024|135,045
-
**135,045**|
||122,186
4,880
**127,066**|
||**7,979**
12,859|
All of the above assets are used for charitable purposes.
Fees and grants receivable includes sums due for the year and invoiced for but not yet received. Small debtors for consultancy and training services are also included in this amount.
Accrued income includes monies, mostly grants, due for activity during the year, and not yet paid. The main accrual in this category is for funding commitments for Chinuch UK.
## **13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||**2025**
**£**
**2024**
**£**|
|---|---|
|||
|Deferred income
Accruals
Accounts payable
Payroll liabilities
Rent deposits|**25,655**
**32,173**
**9,076**
**12,218**
**2,687**
19,476
15,337
19,348
3,513
1,000|
||**81,809**
58,674|
47
## **Notes to the Financial Statement**
## For the Year Ended 31 March 2025
|**14a. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**(current year)**|**General**
**unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**|**General**
**unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**|
|---|---|---|
||||
|**14b. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**(prior year)**
Tangible fxed assets
Current assets
Current liabilities
**Net assets at 31 March 2025**|**General**
**unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**funds**
**£**
7,979
409,250
(81,809)
335,420
-
31,654
-
31,654
**7,979**
**440,904**
**(81,809)**
**367,074**||
||||
|Tangible fxed assets
Current assets
Current liabilities
**Net assets at 31 March 2024**
**15a. MOVEMENT IN FUNDS (current year)**|12,859
300,016
(58,674)
254,201
-
24,000
-
24,000
12,859
324,016
(58,674)
278,201
**At 1 April**
**2024**
**£**
**Income**
**£**
**Expenditure**
**£**
**Transfers**
**£**
**At 31 March**
**2025**
**£**||
||||
|Restricted funds
Unrestricted funds
**Total funds**|24,000
254,201
278,201
663,449
470,101
1,133,549
(655,795)
(388,882)
(1,044,676)
-
-
-
**31,654**
**335,420**
**367,074**||
48
## **Notes to the Financial Statement**
## For the Year Ended 31 March 2025
## **15b. MOVEMENT IN FUNDS (prior year)**
||**At 1 April**
**2023**
**£**
**Income**
**£**
**Expenditure**
**£**|**Transfers**
**£**
**At 31 March**
**2024**
**£**|
|---|---|---|
||||
|Restricted funds
Unrestricted funds
**Total funds**
**16. OPERATING LEASE COMMITMENTS**
The total future minimum lease payments under
non-cancellable operating leases are as follows:|-
343,556
574,815
311,879
(550,815)
(401,234)|-
-
24,000
254,201|
||343,556
886,694
(952,049)|-
278,201|
|||**2025**
**£**
**2024**
**£**|
||||
|Not later than 1 year
Later than 1 year and not later than 5 years
Later than 5 years||**43,750**
**21,902**
-
43,750
65,652
-|
|||**65,652**
109,402|
## **17. LEGAL STATUS OF THE CHARITY**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
49
## **Reference & Administrative Details**
## **CHARITY DETAILS**
## **PROFESSIONAL ADVISORS**
Registered Charity Name The Interlink Foundation Charity Registration Number 1079311 Company Registration Number 3852756 Country of Registration England & Wales Country of Incorporation UK Registered Office and operational address Fourth Floor Offices 97 Stamford Hill, London N16 5DN
## **Auditors**
D Goldberg, FCA DChA Cohen Arnold New Burlington House 1075 Finchley Road London NW11 0PU
## **TRUSTEES**
who are also directors under company law, who served during the year and up to the date of this report, were as follows:
Mr J M Grosskopf (Chair) Mr A Schechter Rabbi J Baumgarten (Treasurer) Mrs S Schmerler (Resigned 6 August 2024) Mr M Posen (Resigned 6 August 2024) Mr NM Halpern Mrs M Davidovits (Elected 6 August 2024) Mrs C Spitz (Resigned 6 August 2024)
**Solicitors**
Womble Bond Dickinson LLP 4 More London Riverside London SE1 2AU
Rook Irwin Sweeney 107-111 Fleet Street London EC4A 2AB
**Bankers**
## **LONDON OFFICE**
Fourth Floor Offices 97 Stamford Hill, London N16 5DN Tel: 020 8802 2469 Email: admin@interlink-foundation.org.uk
Barclays Commercial Bank PO Box 9359 Leicester LE87 2AE
50