Reglstered number: 04094203 Charity number. 1084272 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Limited by Guarantse) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company LIMIt￿ by Guarantee) copirENTS Page Roforence and Administrative Details of the Clmnpany. Its Truste•s and Advlsers Truste6s' Report Independent Audltors. Report on the Flnanclal Stalements 7-10 Stat•ment of Financial Activit 11 Income and Expenditure Accounl Balan¢• Sh••t 12 13 Slatsment of Cash Flows 14 Notes to the Flnanclal Statements 15-27 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company L5mlted by Guardntee) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees Shachor M. G. Abadi J. E. Swdler R. J. Kemp Company reglstered number 04094203 Charlty reglgt•r•d number 1084272 Registered office 1 st Fbx)r Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL Prlnclpal operatlng offic• Unit 7. 56b Crewys Road, Lmdon, NW2 2AD Independent auditors Wibjer Coe Ltd, Chartered AcccNJnlants & Statutory Audith. 1 st Floor Sxkvile House, 14>149 Fenchurch Street, London, EC3M 68L Page 1 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Llmtted by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 202S The Twstees (who are also directors of the charity fcK the purpose of the C￿1panIeS Act) present their Annual Report together wrth the audited financial statwnents of UK Friends Of The A550aation For The Wellbeing Of 15rael's Soldiers (the charitable Company) for the year 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Tnjstees. rewt and 3 directors, report under company law. The Trustees confimi that the Annual Report and financial statements of the charrtable c￿1panY comply wrth the currenl statutory requirements. the requirements of the charrtable Companys goveming document and the provisions of the statement of Rec￿rnended Practice {SORP} applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and ReputAic of Ireland (FRS102) (effective 1 January 2019). Since the CcThpany qualrfies as smal urKler $￿tIOn 382 of the Companies Act 2006. the Strategic Report required of mediLNn and large C￿npanIeS under the CcThpanies Act 20(￿ (Stralegic Report and Directors, Report) Regulat￿￿5 2013 has been wirtted. Objectlveg and actlvltles . FY)UCIES AND OBJECTIVES The princtpal (*'ectives d the chanty as set oui in the goveming dcKuments are: 1. The relief of need and suffering of serving and discharged Israeli soldiers and their f￿1￿les. 2. The advancement of education of serving and discharged Israeli soldiers, and 3. To proV￿e Of assist in the prO￿S￿n d faulrties f￿ recreatK)n or cAher lasure ts'me tXCUP8tions in the interest of s￿181 vlelfare. There hw4e been no changes in the *'ectives since the last Annual Report. b. STRATEGIES FOR ACHIEVING 08JECmVES The strategw empbsed to achieve the chanvs ams and rt¥'ectrdes include undertaking fundraising activities 8nd events lo raise money lo be able to donate to Israel ihrough the connected charty The Associali¢)n for the Wellbeing of Israel's Soldiers in Israel other approved organisations so that the funds can be spent to meet the above c*)jectives. c. PUBLIC BENEFIT The Trustees ¢(￿rI[M that they have, in the admintstraicffi of the charity, paid due regard lo the public benefit guidance published by the Chanty Commission uThJer $￿tion 4 of the charrt￿ Act 2011. Achlevements and performance . REVIEW OF AcnwnES In pursurt cl the cknj'ectwes listed above, the charty and ts subsidiary undwtook the following activities during the periLXI: The Charty did not hc*J any fund4aising activrties during the year ended 31 March 2025 vthile enquiries InSt￿ated by the Charty Commission were continuing. The Charty Commissii)n had communicated with the Trustees in December 2023, advising that they had receNed c(xnplaints and would be undertaking enquiries. following which, the Twslees vduntanty agreed to suspend the majorty of the Charitys cperation5. Thanks to the support from the Chanty's e￿StIng donor3. the Charty ￿e1Ved donatsons induding gift aid in the year totalling £361,443 {2024. £760. 704). The decrease In donat￿nS the year to 31 March 2025 Vfds because of the tpJnporary suspension of normal actsvLtie$. Page 2 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and perfomianu (contsnued) Donations are made ai the full discretion of the trustees of UK Friends of the Ass(￿latIon of Israel's Soldiers fuK Friends of AWIS"), and are given only to support prqects that the Tnjstees deem to be consistent with the L*'ectives of UK Friends of AWIS. The Twslees regularty travel to Israel to ensure that the funds sent from the UK a￿ apPl￿d consistentty wrth the charrtvs objectives. The chanty does not undertake prc¥ects directly themselves but provides funding for prqects ba'ng undertaken by other organi&itions primanly though AWIS Israel that have been pre-approved by the Trustee5. The total level of donati￿￿ made to crther charities lo support our wtrwroved prcyects lotalled £331,003 (2024.. £497,316). Example of projects that were funded and the lebEI of funding provided during the current ye8r are: £62. 380 for injured soldiers in hosprtal or rehab homes. £75.000 for vouchers for bereaved families £209,884 for AWIS Isr￿1 for warious weffwe projects includirKJ the Seaside KKIS Club in the Olga Resort Village for wounded soldiers and bereaved famdies. All of the donati(ms made were for prcyects consistent the atins and objectives of the Chanty. A revithv of costs shows a decline from 2024 mainty to lower legal costs in the current accounts'ng penc•J and which b%Ere incurred for support in connection wrth the Charty Commission er￿UlneS. li is anticipated these wil be further reduced In the 202&2026 accounting year. b. FUNDRAISING ACTivrriES AND INCOME GENERATION Although there was no specific fund-raising act￿lty during the xcounting p￿, Ihe charty continues to have the ongoing support of a number of regular dcmors and supp(xters who donate ￿ an annual basis for the variou5 causes the charty supports. Trustees rn￿110r the (xrtcome of all furKlraising eff￿15 by revE•4ing the knl of (knnat1c￿S ￿1ved and the costs invol¥td to assess vthether this has been effective. The trustees m*le a decision during the year to pay t(wards the vc4untary Fundraising Regulat(x Lthry now that they are more act]￿lY fundraising in this way as they understand the importance of followng the Code of Fundraising Practice. During the year, the Twstees have conb'nued to pay t￿rdS the voluntsry Fundraising Regulator Levy and to folknv Cc#Je of Practice. The Tnjstees also adcpted new policies consistent with the requirwnents of the Charty Commission. Some of these were finalised dunng 2025. As reported In the 202>2024 T￿￿tee$ Rewi, a c(xnplaint Was raised ￿ryth the Charity Commi55ion in relation to scrne of the support made for the welkbeing of Israel's soldiers. The Charty Commission issued an interim report in Juty 2024 and concluded that there was no fault in the general fundraising or in the distribulion of funds by the Charty to prqects in Israel. but were yet to make findings on the video that had been shovm on the website and the Swords of Iron appeal launched in October 2023. In September 2024 the CL¥nmission wrote giwng notice of intention to issue an 0￿￿￿al waming because rt was not satisfied about the video and said it was continuing ￿1th enquiries. In June 2025 the Commission rep(xted that it had found the video was distressing in nature and showing rt V4BS in the Chanws best interests, and it was proceeding to issue an off￿181 Wafnin9. That *3rning wtll remain cm the register of Chanlies for one JEar. On the advice of our legal representatives. the Trt￿teeS decided to suspend the transfef ￿ donations to Israel pending the outcome of the enquiries. This resulted in the charty hawng a much higher level of funds in its bank account Ihan rt would normally wish to hold. Fc41owng an interwn report fr￿n the Charity Ccfflmission in July 2024 the transfer of furKls lo Israel donated to UK Ffiends ￿ AWIS by donors has been resumwj. Page 3 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Cixnpany Limit￿ by Guarantee TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financial rovlew . RESERVES POUCY The chanty had tcrtal funds of £480.217 as * 31 March 2025 (2024.. £￿.?on. The chartys subsidiary undertaking, UK AWIS TradirMJ knmrted had equity shareholders. funds of £2 as at 31 March 2025 (2024.. £21. D￿atiOnS reCeI￿d by the chanty are applred for the purposes of the chwty as soon as it is practicable. The charity retains sufficient ￿SerVe funds to meet expenses. No reser¥es are designated. The usual reserves pc4ry of the chwity is to hokl funds to the equivalwrt cl 3 montrts of ongoing cost5 8S conknngency. In recent years, the level of reser¥es held has been significantly higher. In the present accountsng period h￿her resenies were mairrtained lo allthv for undetemined and future legal costs ansing frLYn the Charity c(￿nMiSsion enquirbes. Additionally. there were t4VO inp￿￿nt future projecls thal UK Fnend5 of AWIS had identified and agreed to support which *Thild be cjectr4es are to obtain reasonable assurance about whelher the financial statements as a Ithole are free frcTh material misststemenL %*thether due to fraud or error. and to ISSU8 an Auditors, Report that includes our opinion. Reasonable assurance is a high ￿Ve1 of assurance, but is not a guarantee that an audit conducte(l in accordance wrth ISAS (UK) ¥*ill ahvays detect a material misslatemenl when it exists. MiSstat￿entS can arise frcmn fraud or error and are conS￿ered material rf, indivTrdually or in the aggregate. they could reasonabty be expected to infiuence the economr deciS￿n$ of users taken the basis of these financ￿1 statements. lThegularrties. including fraud. are instances of nor￿c￿￿p1*ance with l&vs and regulations. We design procedures in line wrth our responsibilities, (xrtlined above, to detecl Material misstatements in respect of irregularities, including fraud. The extenl to which our procedures are capable of detecting irregulant￿. including fraud detailed belcw. Discussions wth and enquiries of management and those charged with govemance were held with a view to 1dent1￿.ng those laws and regulati￿$ Ihat could be expected to have a matenal impact on the financial slatements. Dunng the engagement team bTiefing. the outc(ynes of these discussions arKI enquiries VoEre shared with the le￿, as *rll as conSiderat￿n as to where and how fraud may occur in the entty. The fdlrmng and regulats(￿S were identffied as being of signfficance to the ents'ty: Those la*YS and regulations considered to have a direct effect on the financial stst￿ents include UK financial reporting standards. Company Law and Chanty L￿. Those l&vs and regulations for which nonpenditure 374,934 1544,924) 763, 163 (779,569) Net expendtture for the reporting pwiod 1169.990 (16.406) The notes on pages 15 to 27 f(xm part of these financial sL3temwts. Page 12 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Limited by Guarantee) REGISTERED NUMBER: 04094203 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed assets Tangible assets Inveslmerrts 10 725 727 Currenl as••ts Deblors Cash at bank and in har 12 60,639 426,873 29,963 683,926 487,512 713, 889 Current Ilabilities Creditors: amounts falh.ng due V￿thin one 13 18,022) (63, 684) Nat current assets 479,490 6￿,205 Net assets excludlng pen￿On asset 480,217 6￿.207 Total net assets 480,217 6&),207 Charfty funds Restricted funds 500 Unrestricted funds 479.717 6￿,207 Totsl funds 480,217 6￿.207 The Cc#npanrfs net movement in funds for the was a decrease of £169.990 (2024. £16.406). The Trustees acknoYAedge their responsibilities for complying with the Tequirements of the Acl *ilh respect to counts'ng records and preparat￿n of finanoal statements. The financia statements have been p￿pared in xcordance ￿1th the pThis1￿8 applKable to entities subject to the small companies regime. and signed on their behalf ty. 9/10./47oAr.......... The financial statements were approved and aulhmd for issue by Ihe Trustees on ......... . Shachor The note8 on pages 15 to 27 fomi part of these financial s&￿anents. Page 13 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OFISRAEL'S SOLDIERS (A Company Limit￿ by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 202S 2024 Note Cash flow5 from opernting activiti Net cash used in cper*ing activities 15 (269.8191 26, 709 Cash flowg from Investlng actlvftleg Purchase of tangible fixed assets Interest recerrfed (725) 13.491 2,459 Net cash provlded by Investlng actlvftles 12.766 2.459 Cash flows from financing activiti•s Net cash provlded by finanelng actlvftle• Change in cash and cash equivalents in the year Cash and c83h equivalents at the beginning of the year {257,063) 683,926 29.168 654. 758 Cash and cash oquivalents at the ond of the year 16 426,873 683.926 The notes on pages 15 to 27 form part of these financpl statemerrts Page 14 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limitod by Guarant•o) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 GENERAL INFORMATION UK Friènds of the Association for the Well)eing of Israefs Soldiers (company number.. 04094203, charty number. 1084272). having its registered office at 1st Floor Sackvime House. 143-149 Fenchurch Street, London. EC3M 6BL and its trading address at Unrt 7, 56b Road. London. NW2 2AD, is a charitable ¢￿1panY limited by guarantee Inewr￿ed in England and Wales. ACCOUNTING POUCIES 2.1 Basis of preparation of financial stat•m•nts The financial statemenls have prepared in xcordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities. Statement of Recommended Praclice applicable to charities preparing their accounts m accordance wth the Financial Reporting Standard applicable in the UK and Republ￿ of Ireland {FRS 102) (effective 1 January 2019). Ihe Financial Reporting Standard applicable in the UK arKI Republic of Ireland (FRS 1(r2) and the C￿nPanieS Act 20C6. UK Friends of The AssoeJati￿ for the Welba'ng of Israel's Soldiers meets the definTrtion of a publ benefit entty under FRS 102. Assels and liabilities a￿ inrtBlly reccyJnised at historic81 cost or transaction value unless cliherwise staled in the r*vant xcounts'NJ poly. C(￿panY has taken adwanWe of the exemption allowed under section 408 of the Companies Act 20C￿ and has not presented its ¢y•m Stat￿ent of Financial Activrties in these financial stat￿ents. The SOFA of the company slKrK a net deficrt of £169.9SYI {2024.' £16,4Q6). 2.2 Company statu6 Cc¥npany is a company Iwnrted by guarantee. the manbers of ts c(xnpany are the Trustees named on page 1. In the event of the company being knThind up, the liabilty in respect of the guarantee is Imrted to £10 per member of the ccthpany. 2.3 Fornign currencies The CompanYs funCt￿nal WKI presentaticffial currency is Bntish PouThJ Sterling (GBP). Monetary assets and IBbilrt*s denominated in f￿e￿n currencies are translated into sterling at rates of exchange ruling at the Balance Sheet date. Transxtions in fO￿Ign currencies are translated into sterling at the rate ruling on trt date of the transacts1￿. ExchaThJe gains and losses are rwnised in the Statement CA Financial Activities. 2.4 Golng conc•m At the twne of approving the accounts. the trustees hw4e reasonable expectation that the Chanty has lequate resources to continue in operational existence for the foreseeable fLrture. Thus the trustees continue to adcyt the g(Mng concem ba&'s of accounting in preparing the accounts. Page 15 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Comp•ny Llmlted by Guarnntw) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES (contlnued) 2.5 Fund accountlng General funds are unrestrthd furKls ￿1th are awlable for use at the discrets'on of the Trustees in furtherance of the general c*"ectNe8 of Ihe Conpany and thich have not been designated for other pur[￿. Restrict&J furKls are funds are to be l￿ed in ￿rdance specific reStrictic￿$ imposed by donors or which have l)een raised by the Company for part￿ular purposes. The costs of raising and administering such funds a￿ charged against the specrfK fund. The aim and use of exh restricted fund is set out In the notes to the financd statements. 2.6 Income All income is rec(¥Jnised once the Ccxnpany has entiuement to the income. it is pr(4)able that the income will be receiv8J and the amount of income receivable can be rneasurgj reliably. For leg&ies: enlrtlemenl is laken as the earlier of the date on whth either. the company is aware that probate has been granted, the estale has be￿ finalised nolifulion has been made by the executorls) trj the Trust that a distnbub'm will be made. or when a distribution is recer4ed from the estate. Receipt of a legacy, in whole ly in part. is only considered probable when the amount can be measured relBbly and the company has been notrfied of the executorfs intention to make distnbution. Where legacies have been notified to the crxnpany, or the company is aware of the granting of probale, and the criteria for income recognrtion have not been met, then the legacy is treated as a contsngent assets and disdosed rf matenal. Inc¢Jne tax r￿0verable in relation lo receiv￿1 under Gift Aid ￿ deeds of covenant is recc¥3nised at the b'me of the donation. 2.7 Glft Ald In the case of a Gift Aid payment made withln the Ccmpany. income is accrued when the payment is payable to the Parent Company under a legal obligth'on. Measurement is at ihe fair value receivable, vthith will nomialty be the transacti(m Value. whe￿ the nght to recei¥e Gift Aid has been established. the amount r￿e1Vable is recognised as inveslment incone in Ihe Statemenl of Finanaal Aclivities. 2.8 Interest recelvable Interest on furKls held on deposrt is induded %then r￿e(ra)le and the an¢JJrrt can be m&3sured reliaL4y by the Company; this is upon ncthation of the intefest paid or payable by the Bank. P89e 16 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENOED 31 MARCH 2025 ACCOUNTING POUCIES (contlnued) 2.9 Expenditure Expenditure is reccgnised 0￿e there is a legal or Constructi￿ obligation to transfer economic benefit to a third party, rt is prcthble that a transfer of eccffiomic benefits be required in settlement and the amount of the (*>lBation can be measured reliably. Expen(hture is classif￿d by actimty. The costs of &xh activty are rn￿le up of the total of direct costs and shared costs, induding support costs involv&J in undertaking each actNty. Direct costs attributable to a single actP¥ryty are allocated directy to that shar￿ costs vthich contribute to more than ¢￿e actibty and support costs which are n(* attributable to a single acttvrty are apportKJned bets￿en those activrties on a basis ¢￿sIstent with Ihe use of re￿)UrCeS. Central staff costs are allocated on the basis d time spert and depreciation charges allocated on the portim of the assevs use. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminatsng infomiation in support of the charitable activrties. supp￿ costs are those costs incurred directy in support of expendrture on the objects of the c(Thpany and indude project management carr*d out at Headquarters. Govemance costs are those incurred in connection wjth administraticm of the cunpany and c(xnpliance constrtutional and statutcwy requirements. Costs of generating funds a￿ costs incurred in attracling vduntary income, and Ihose incurred in trading acti¥iti'es that raise fund5. Charitable activrties and Governance costs are costs incurred on the companrfs educational operatsons, including support costs and costs relatsng to the governan￿ of the cwipany apportKJned to chantable aclivities. Expenditure on raising funds indudes all expenditure incurred by Ihe company to raise funds for its haritable purposes and irKludes costs of all fundraisiNJ activilies evenls and nDn-charitable trading. Expendtture on chantable actiwties is incuffed on directly undertaking the activities vthich further the c(xnpansls (*4eclives. as well as any associated Supwt costs. 110 Tanglble fixed a￿ts and depreclatlon All assets cosling more than £100 are c4)rtalised. Tangible fixed assets we inrtialty recognised at cost After recognrt]'on. under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into rts intended working condrtion should be induded In the measur￿ent of cost Depreciaticn is charged so as to allocate the cost of tangl￿e r￿ed assets less their residual value over their estsmated useful INes, using the straight4ine method. Depreciats'c￿ is provided on the fdlukning basis: Fixtures frtb'ngs Computer equipment 25'h straight-line 33% straight4ine Page 17 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Llmlted by Guarantee) IK)TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES Icontlnued) 2.11 Investments In the parent c(¥npany financol statthnents, investments in subsKliaTies are initialty measured at cost and subsequently measured at cost less ￿Y accumulated impairment losses. A subsidiary is an entty c(xrtrolled by Ihe grcwp. Control is the PCP••tr to govem the financial and operating pjliaes of the entty so as lo obtain benefrts fr(xn its activrties. 2.12 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered, Prepayments are valued at the ￿OUnt prepa￿ net of any trade discounts due. 2.13 Cash at bank and In hand Cash at bank and in hand includes cash and short4em highfy liquid investments wrth a short maturity of three months or less frcffl the date of xquistion or opening of the de[￿sit or similar account. 2.14 Credllors and provlslons Liabilities are recognised when there is an obligalicm at the Bal￿ Sheet date as a ￿Utt of a past event, it is pr3nrtion in the tsx 0mputats'c￿. A net deferred tax asset is rec(yJnised onty rf rt can be regarded a5 more likety than not that there wll be surtable taxable surpluses from which the future reversal of the urKlerlwng timing drfferences ct be deducted. Deferred tax assets and liabilrties are cakul&ed at the tsx rates expected to be effective at the time th8 twning drfferences are expec￿ to reverse. Page 18 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLtXERS IA Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES (contlnu•d 2.18 Operating leases Rentals paid under (yerating leases are charged to the Ststement of Financi81 ACtivrt￿5 on straight-line basis over the lease term. INCOME FROM DONATIONS. LEGACIES AND GRANTS Restrfcted Unrestrlcted funds funds 2025 2025 Total funds 2025 Donats'ons 123,710 237,733 361,443 ReSt￿ted Unrestricted lunds funds 2Q24 2024 fvnds 2024 Donations 48, 644 712,060 760, 704 INVESTMENT INCOME Unrestricted funds 2025 Total funds 2025 Interest recewable 13.491 13.491 UnTrstricted funds 2()24 Total funds 2024 Interest receivable 2,459 2,459 Page 19 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF EXPEN(XTURE ON FUNDRAISING ACTMTIES Fundraislng activities Unrestrfcted funds 2025 Total funds 2025 Fundraising platform fees & data)ase costs Advertising c(￿su1tanCY Suppcxt costs (note 6) Govemance costs (note 6) 19,248 7.520 37.132 40.822 90,633 19,248 7,520 37,132 40,822 90,633 195.355 195,355 Fundraising Unrestricted funds 2024 Total funds 2024 p￿￿ctKjn costs Fundraising platfom7 fees & database costs Advertising Consuttancy Support costs (ncle 6) G(ydern￿ce costs (note 6) 31,561 36.270 9, 962 34. 788 49.222 103,056 31,561 36,270 9, 962 34, 788 49,222 103,056 264, 859 264, 859 Page 20 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF SUPPORT AND GOVERNANCE COSTS Governance Support costs costs Unmlrlcled Unrestricted funds 2025 2025 Total funds 2025 Audrtorfs remunerati( Accountancy Legal and professicnal General off￿e expenses Holels and Iravel Bank charges Credit card charges Insurance Salaries. wa3es and associated costs 7,200 10,896 40,226 13.143 10,896 13,142 5.588 665 26,285 5,588 665 1.704 556 19.167 1,704 S56 38,335 19,168 40,822 90,633 131,455 Support costs costs Unrestrthd Unrestncted 2024 2024 Total runds 2024 Auditors, remuneratic 9,242 6,935 53.206 13, 714 9.242 6,935 53. 206 27,428 11.964 731 2.354 Legal and professKffial General offKe expenses Hotels arKI travel Bank charges Credit card charges Insurance Salaries. W￿e8 and assOc￿ted costs 13. 714 11.964 731 2.354 19,959 19,959 39,918 49, 222 103, 056 152.278 PaJe 21 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ANALYSIS OF EXPENtXTURE ON CHARITABLE ACTMTIES Restrict￿ Unrestricted lunds funds 2025 2025 Totsl funds 2026 Charitable aCtI¥￿e$ 183.607 165, 349,569 Re5￿ted Unrestricted fund5 fun(ts 2024 2024 Total runds 2024 Chafi13ble acti4ib.es 49,691 465,019 514, 710 SUMMARY BY EXPENtXTURE TYPE 2026 2024 Donations to The Associaticm for the Wettb￿.ng cl Israeli Sddiers Donats'¢)ns in respect of IMPACT scholarships Donati￿5 to tther (￿an￿ationS ConsLtsncy fees 331,003 468,625 16,261 12,430 17,394 18,566 349,569 514,710 AUDfTORS' REMUNERATION 2025 2024 Fees payable to the COMpan￿S audrtor for the audrt of the Companls annual accwnts 7, 142 Fees Pa￿ to the Companls auditcf in respecl ot. The auditing of xcounts of associates of the c￿npanY Accountancy and payroll servKes 2, 100 6. 935 10,896 Page 22 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS 2025 2024 Wages and s*rres Contribution to defined c0ntn.buts(￿ pensi￿ schemes 37,116 1,219 38, 652 1.265 38,336 39.917 The average number of persons emtAoyed by the Crxnpany during the ￿ar was as follows.. 2025 2024 Administration No employee received remunerati(￿ am￿ntIng lo more than £60,000 in erther year. During the yew, the charty er#Jaged an overseas consuftant vkno received fees of £55.698 (2024.. £52. 182). Dunng the year. Trustees received any remunera1it￿, benefrts in kind ￿ reirnbursement of expenses (2024.. £N￿. 10. TANGIBLE FIXED ASSETS Fixtures and Computor ffttlngs equipment Total Cost or valuatlon At 1 Aprd. 2024 Additic 6.980 6,980 725 726 At 31 March 2025 6,980 726 7,706 Deprnclatlon At 1 Aprl 2024 and 31 March 2025 6.980 6,980 Net book valu• At 31 March 2025 725 726 Al 31 March 2024 Page 23 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Limited by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. FIXED ASSET INVESTMENTS Investments in subsidiary companies Cost or valuation At 1 Aprd 2024 At 31 March 2025 PRINCIPAL SUBSICWIIES The folkAMro was a subsidiary undwta(iry of the C￿npany. Name Company Registered office Principal Class of Holdlng number or prlnclpal place actlvlty shares of business UK AWIS Trading Limrted 04201043 Domiant Ordinary 101YA (i) 1st Fbor S&kville Hwse, 14&149 Fenchurch Street, L￿dOn, EC3M 6BL The 8ggreg8te of the eapitsl and resefves of the company as at 31 March 2025 was £2 (2024.. £2). The C￿1panY was dorniant during the year erKled 31 March 2025 (2024,, inccxne of £2,592) and made no expenditure ￿ profft in the currenl and prewous year. The uxnpany was dissolved on S August 2025. 11 DEBTORS 2025 2024 Due wlthln one year Other debtors Tax recoverable 223 60,416 29,963 60.639 29. 963 Page 24 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 13. CREDrroRS: Amounts falllng due wfthln one year 2025 2024 Tr&Je credrtors other credrtors Accruals and deferred income 192 48 25,473 38, 163 7,830 8,022 63, 684 14. ANALYSIS OF NEf ASSETS BEfwEEN FUNDS Anatysls of net assets between funds - cufrent year Rostrictod Unrestricted funds funds 2025 2026 Totsl funds 2026 T￿￿Ible fixed assets Fixed a55et investments Current assets Creditors due within one year 725 726 500 487,012 {8.022> 487,512 18.022) Total 500 479.717 480.217 Anatysls of n•t awts betweèn funds - prlor year UnreslrKted runds 2024 Total fvnds 2024 Fixed asset tnveslments Current assets 713,889 (63, 684) 713. 889 [63, 684) Credrtor due wrthin one yew Total 650, 207 6x1,207 Page 25 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS (A Company Limitod by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NEf MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 16. ACTMTIES 2026 2024 Net expenditure for the >tar (as per Statement of Financial Actmties) (169,990) (16,406) Adjuslments for. Interest received I￿rease in debtors (Deuease)Iincrease in credrtor5 (13,491) (30,676) (55,902) (2,459) (2,086) 47,660 Net cash lused Invprovlded by operatlng actlvftles (270,059) 26. 709 16. ANALYSIS OF CASH AND CASH EQUIVALEKrs 2025 2024 Cash in hand 426,873 683,926 Total cash and cash •qulvalents 426,873 683,926 17. ANALYSIS OF CHANGES IN NEf DEBT At 1 Aprll 2024 At 31 March 2025 Cash flows Cash at bank and in hand 683,926 1267.063) 428.873 683,926 (257,053) 426,873 18. OPERATING LEASE COMMITMENTS At 31 Mwch 2025 the Company had commitments to make future minimum lease payments under non- cancellable c4)erats'ng kases as follows.. 2025 2024 Not later than 1 >•ar 9. 504 Page 26 UK FRIENDS OF THE ASSOCIATION FOR THE WELLBEING OF ISRAEL'S SOLDIERS IA Company Umited by Guarnirtee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 RELATED PARTY TRANSACTIONS charity has a close relationship wth The Associats'on ts the Welbeing d Israeli Soldiers, a charity registered and operating in Israel. During the year to 31 March 2025 the company sent to The Associati￿ ts the WellbeiNJ of Israeli Soldiers donats.ons amcwntsng to £331,003 (2024. £468.625). There We￿ no tems and c￿drtlQn5 attxhed to Ihese amounts other than they must be ussj for the chantable purpose f￿ which they were d(￿ated. 20. ULTIMATE CONTROLUNG PARTY As at 31 March 2025 and 31 Mwch 2024, thefe was no single (Atwnate control￿n9 paty of the charty. Page 27