2025-12-31-accounts

REGISTERED CHARITY NUMBER: 1081887

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BRITISH FRIENDS OF SHALVA

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

BRITISH FRIENDS OF SHALVA

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Financial Activities	4
Balance Sheet	5
Cash Flow Statement	6
Notes to the Cash Flow Statement	7
Notes to the Financial Statements	8 to 11

BRITISH FRIENDS OF SHALVA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives for which the charity is established are to relieve the suffering of disabled children living in Israel by promoting and supporting the work of Shalva, particularly but not exclusively through the provision of funds and equipment not normally provided by the local authority/health authority and central government, respite accommodation and holidays where applicable and personnel to enable the children to receive medical service, education and employment training.

The charity operates throughout England and Wales and Israel.

Public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the grantmaking policy.

Volunteers

While the charity does not currently engage regular volunteers, events benefit from support by community members and patrons.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The Shalva National Centre in Jerusalem, Israel provides transformative care, education, and advocacy for children with disabilities and their families in Israel. British Friends of Shalva supports this work by raising funds and awareness in the UK. Programmes at the Shalva Centre include early childhood intervention, inclusive education, therapeutic frameworks, sports and arts programmes, respite and family support, vocational training, and research.

During the year, British Friends of Shalva contributed £360,000 (2024: £350,000) to programs that served over 2,000 children and young adults with disabilities every week. These funds helped expand therapeutic care and vocational opportunities, advancing Shalva’s mission of inclusivity and empowerment.

Fundraising activities

During the year the charity spent £132,603 (2024: £67,040) on fundraising events and a further £20,611 (2024: £63,112) on other fundraising efforts.

FINANCIAL REVIEW

Financial review

The charity is solely dependent upon donations from individuals and other charitable organisations.

The trustees present the financial accounts for the year which show income of £718,599 (2024: £534,201) and total expenditure of £654,733 (2024: £617,273). This left the charity with £171,352 (2024:£107,486) in unrestricted funds to support future charitable activity.

Reserves Policy

It is the policy of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level which the trustees think appropriate after considering the future commitments of the charity and the likely governance costs of the charity for the next year.

Going concern

The trustees have assessed the charity’s financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.

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BRITISH FRIENDS OF SHALVA

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

FUTURE PLANS

The charity plans continuing the activities outlined above in the forthcoming years subject to satisfactory incoming resources.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The official name of the charity is British Friends of Shalva. The charity is governed by its declaration of trust dated 21st December 1999 as amended by resolution dated 12th July 2000 as amended by resolution dated 7th July 2014.

The charity was registered with the Charity Commission on 7th August 2000.

Recruitment and appointment of new trustees

All current trustees are honorary members. The trustees administer the day to day affairs of the charity. New trustees undergo suitable recruitment training and induction procedures. None of the trustees have any beneficial interest in the charity.

Risk management

The trustees have identified and reviewed the major risks to which the charity is exposed, in particular those related to those operations and finance of the charity, and are satisfied that systems are in place to mitigate those risks.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1081887

Principal address

Suite 174 The Kinetic Business Centre Theobald Street Borehamwood Hertfordshire WD6 4PJ

Trustees

Mr J H Corre Ms D Fisher Mr R Kannor Mrs M Shemtob Mrs L Harris Mr S P Sterling

Independent Examiner

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

Bankers

Lloyds TSB PO Box 1000 Andover BX1 1LT

Approved by order of the board of trustees on 5 May 2026 and signed on its behalf by:

Mr J H Corre - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRITISH FRIENDS OF SHALVA

Independent examiner's report to the trustees of British Friends of Shalva

I report to the charity trustees on my examination of the accounts of British Friends of Shalva (the Trust) for the year ended 31 December 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Daniel Fine, FCA

Melinek Fine LLP Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

5 May 2026

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BRITISH FRIENDS OF SHALVA

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2025

2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 718,599 EXPENDITURE ON Raising funds 3 153,214 Charitable activities 4 Grants to Shalva Centre 360,000 Charitable activities 141,519 Total 654,733 NET INCOME/(EXPENDITURE) 63,866 RECONCILIATION OF FUNDS Total funds brought forward 107,486 TOTAL FUNDS CARRIED FORWARD 171,352	2024 Total funds £ 534,201 130,152 350,000 137,121 617,273 (83,072) 190,558 107,486

The notes form part of these financial statements

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BRITISH FRIENDS OF SHALVA

BALANCE SHEET

31 DECEMBER 2025

2025 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 9 422 CURRENT ASSETS Debtors 10 26,586 Cash at bank 147,824 174,410 CREDITORS Amounts falling due within one year 11 (3,480) NET CURRENT ASSETS 170,930 TOTAL ASSETS LESS CURRENT LIABILITIES 171,352 NET ASSETS 171,352 FUNDS Unrestricted funds 171,352 TOTAL FUNDS 171,352	2024 Total funds £ 695 22,070 89,195 111,265 (4,474) 106,791 107,486 107,486 107,486 107,486

The financial statements were approved by the Board of Trustees and authorised for issue on 5 May 2026 and were signed on its behalf by:

Mr J H Corre - Trustee

The notes form part of these financial statements

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BRITISH FRIENDS OF SHALVA

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by/(used in) operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash provided by/(used in) investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	2025 £ 58,629 58,629 - - 58,629 89,195 147,824	2024 £ (72,497) (72,497) (592) (592) (73,089) 162,284 89,195

The notes form part of these financial statements

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BRITISH FRIENDS OF SHALVA

NOTES TO THE CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW ACTIVITIES Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges (Increase)/decrease in debtors Decrease in creditors Net cash provided by/(used in) operations	FROM OPERATING 2025 2024 £ £ 63,866 (83,072) 273 274 (4,516) 16,960 (994) (6,659) 58,629 (72,497)

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash Cash at bank Total	At 1.1.25 £ 89,195 89,195 89,195	Cash flow At 31.12.25 £ £ 58,629 147,824 58,629 147,824 58,629 147,824

The notes form part of these financial statements

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BRITISH FRIENDS OF SHALVA

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

continued...

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BRITISH FRIENDS OF SHALVA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

2. DONATIONS AND LEGACIES Donations Gift aid 3. RAISING FUNDS Raising donations and legacies Event management Fundraising 4. CHARITABLE ACTIVITIES COSTS Grants to Shalva Centre Charitable activities 5. GRANTS PAYABLE Grants to Shalva Centre 6. SUPPORT COSTS Management £ Charitable activities 139,011	Grant funding of activities (see note 5) £ 360,000 - 360,000 Finance £ 460	2025 £ 692,013 26,586 718,599 2025 £ 132,603 20,611 153,214 Support costs (see note 6) £ - 141,519 141,519 2025 £ 360,000 Governance costs £ 2,048	2024 £ 512,120 22,081 534,201 2024 £ 67,040 63,112 130,152 Totals £ 360,000 141,519 501,519 2024 £ 350,000 Totals £ 141,519

continued...

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BRITISH FRIENDS OF SHALVA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

8. STAFF COSTS

9.

Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Employees No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS COST At 1 January 2025 and 31 December 2025 DEPRECIATION At 1 January 2025 Charge for year At 31 December 2025 NET BOOK VALUE At 31 December 2025 At 31 December 2024	2025 £ 94,200 2,622 4,139 100,961 2025 2

continued...

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BRITISH FRIENDS OF SHALVA

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025

10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Gift Aid repayments 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Taxation and social security Other creditors	2025 £ 26,586 2025 £ 2,080 1,400 3,480	2024 £ 22,070 2024 £ 3,074 1,400 4,474

12. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.

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