FRIENDS OF THE ISRAEL SPORTS CENTRE FOR The D13ABLED TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 REGISTERED CHARITY NO. 1088205
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED REGISTERED CHARtrY NUMBER 1066205 CONTENTS Page Legal and adminlstrative informdon Report to the tnJst*s 4-6 Indepondenl Examinerfs R8port Statement of Financial Advlues Stslement of Assets and Liablllties Notès formlng part of Ihe accounts 11
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED TRUSTEES. REPORT AND ACCOUNTS TRUST INFORMATION Trusto8s B Harfg Chairman J Harris J C Juk8s H M Newman Princlpal Offl 1 ma&bone Hlgh Street London W1U4LZ Independ•nt Examinor Emma Benjamln Oliver Clive and Co Limit Chartered Accountants 14 David M84VS London W1U6EQ
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED TRUSTEES ' ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their report together with the aOuntS of the charity for the year ended 31 March 2022 Th8 financial statements have been prepared in ac¢ordanGe wllh the a¢xountsng policies set out in not9 110 the financial statements and cornpty with the charitS trust deed. the charits SORP IFRS1021'Accounling and Reporting by Char*ties'. Statamenl of R¢wmTnended Practe, (effective 1 january 20151 and the Charities Act2011. Structure. governance and managemont The Charity is constitutod by Deed of Trust dated 19th Decernber 2000. The powers of the eharty, which is nincorporaled, ar8 sel out in its Twst Deed and in the amendlng deed 151h March 2001. The ITUSt8es who served durfng th8 year vffjre: B Harris J Harris J C Jukes H M Newman The charlty trnstees ar8 responsibb ft)r the gengral control and management of the charity. Th8 truste8s glv& their tlme freely and ¢ve no remuneration or other financial benefjts. The existing ttuslees arg r8sponsibl8 for the recruibnent of new trustees. New trustees receive knfomiation as Liid down by th8 Charity Commission and induction by the Chair ol Trustees. Objoctlves and actlvltles The charivs objects continue to b8 Io raise money through application and personal requests and lo rai monies through investrnenls in sportlng activities for the disabled. There has en no change during the year in the policies adopted in furtherance ol th8S8 objects. In carrwng oul this review the trustees have considernd the Charity CommSsslon's general guldance on public Achlev•ment and parfomiancg The receipt of donation5 by the Charity have shMI an In¢r6as8 cOMpad to the prior year. The Charrty makes presentaoons to supportlng groups to raise awareness of the work that is undertak&n at the Sports Centre. Thls frequenuy r8suIts in the recept of donation5 and t they in lum donate to th9 ¢harSty. a organisatlons raising funds wh We have also 8stsblished relationships with grant making trusts that give, or commit to glving, annual financial support. The Charity also benefit5 from recoiving conlSnued support from some individual donors. Finan¢ial revlew and Invostment poll¢y The level of activilles this year is lower and consequenlly ftjn s rec8ived and donallons given were iower too. FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED TRUSTEES. ANNUAL REPORT {CONTI FOR THE YEAR ENDED 31 MARCH 2021 RerveS pollcy
It is the policy of the Charty that unrestrtcted funds which have not been d8signatod for a Specif use shoufd b8 malntsined al a levgl eqLtrlvalent tts be88n throe and six months expenditure. The tnjstees consider that funds al this levd wll ensLtr8 that in the event of a significant drop in fvnding they will be able to continue the Chamtws Ctjrrent actbvibes Whi consideratton is giv8n to ways In which addition81 funds may be raisgd. Tho level of r8seNes h8$ fallon balow thls level al thè year and. Risk manag•mont Th8 Iruslees have examlned the malor. strategic, busin68s and oporational risks that the charity faces and confirm that the systèms have b8en estsbllshed lo ensure that these risks are mlnlmised. lTrdepond•nt examlner The trustea5 inleThJ to ask the exng ind8pend&nt examiner to undertake the Independent 8xaminalion of the Trustees, r¢8pon$lbllltle¥ in r•l*ion to th¢ flnan¢ial statements The trustees are responslblg for preparlng thè Trustees, R&port and the ffnanrial statements in accordan¢e with applicable law and United Klngdcffi Accounting Standards (United Kingdom Generally ApIed Acccjunling Practice). The law applicable to Gharlties in England and requires the trustees to prepare financlal statements for each finan¢Sal year which give a true and fair V of the state of affairs of th& charity and of tha incoming resources and application of resoufC8S of the charity for Ih8t period. In preparfng these financial ststements the trustees are quIred lo: Selt suitable accounting policies and then apply them consStny. observe the methods and principles in the Charities SORP (FRS 1021- makè judgements and g51imates that are reasonable and prudent- stale wh8lher applicable accounting standard$ have been followed. subpct lo any malerlal departuras disclosed èxplained in the financial statgmgnts.- and prepare the financial statements on the going conoern basis unless fc is inappropriat8 10 presumg that the charily will contlnue in bu&ness. Trust¢9 The trustees are responsible for keq>ing proper accounting words which disclose wlh reasonable accuracy at I411 Approved by the trustees on ........ and signed on their behalf by aimian
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2Q21 I report on thg accounts of thè Trust for the yoar ended 31 March 2022, which are set on paggs 7 to 11. Resperffve re5ponslb1l1ti of truste•8 and amInerS Th8 Charitls trustees are r8sp9nslb for the pr9paration of the accounts. The charitvs truslges consider that an audit is not quired for this year undèr section 144121 of th8 Charili8s Act 2011 {Ihe Acll and that an independent &xamination Is need8d. It is my responsibility to.. examine the accounts under sectlon 145 of the Act to follow th9 procedures lald down in the General Dir8d(S giv8n by the Charity Commission (under S8cUon 14515Xbl of the Act.. and to stato whether particular matters have come to my attonuon B9818 of Indwnd•nt examlngrs, roport My examination was carried out in accordance the General Dir6ctions gSvèn by tho Charity Commission. An examillalion Includes a revlew of thè accounting records kept by thg charity and comparison of the accounts presented wlh those records. It also includ&s consideration of any unusual items or disclosures in the 8ccounls, and the s8eking of explanaligns fr¢Jn you as trustees concerning any such matters. The procedures undertakèn do not provido all the evidence that wcxjld be raquired In an audit, and cOnsequenY no opinion is given as to whether Ihg accounts present a 'lrue and f&r vw. and the report is lim¢ted to those matters get out in the stalamenl below. Indgpondont Oxomlners. statement In conn8Ctton wrth my examination. matter has come lo my attention: 18) svhich gives me reasonable cause lo beligve that in any material $pt th& requirements.. li) to keep accounting records in sccordanc8 with section 130 of the 2011 Act- and {lil lo prepare financial statements which accord whh the &counting records and comply with the accounung requiremerts of the 2011 A h8ve not been mat,. or Ibl to which, in my opinlon, attention should be dray In orderto enable a proper understanding of th& financial StateMts to be reached. Emma Beniamln CA Independènt Examln¢r Oliver Clive and Co Llmltod Chartered A¢¢ountanl$ 14 David M8WS London W1U 6EQ Dat•d..S.l..I.&/ZL..........
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED REGISTERED CHARITY NO. 1086205 STATEMENTOF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2022 Unrestrict•d Funds 2022 Total 2021 Total Funds Notss In¢oming Y•sourc8$ from u•neratsd funds Investment rnmm8 Ibankl fthations and events i)ther in(x)rne Gift aio reVed Total Incomlng r•sourc•s 34,81 98.558 34,806 34.808 96.558 R•sources axpgnded Cost of charttabl• actMlle# C¥Jn*'ons 31.500 31,500 100,671 ost of gen¢rating funds Managèment and administr81ion Total resourc85 exp•ndod 642 32,142 755 101.426 32.142 Net Surplu{doCrtj for th• yoar and nttt movement In funds {4,8881 Fund balan¢• at 31 March 2021 13,4S1 Fund balanc• at 31 March 2022 11,247 11247 8,583 Tha ststementoffinanclal IndUd all gain5 aThJ kjsses in the year and Ierefo 8 5eparalè stalgmènt of total recognisgd gairts aThJ low h&8 Thjt be8n ppar1. All ofthe Inctjrning rUrceS and SOul(lS &XPondwJ d¥rve from o)ntinuing activities. The on pagos 9- 11 fomi part ofthe8e finarAal statern8nl$.
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED REGISTERED CHARITY No. 1086205 STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2022 2022 2021 CURRENT ASSETS Debtors Cash at bank 11.247 8,583 TOTAL *2SETS LESS CURRENT LIABILITIES 11,247 8.583 FUNDS Re8triet8d funds Unrestricted funds 11.247 8,583 The financial slatemonts set out on pag88 7 to 11 were approved by the Trustses on 13112121 and were signed on their behaff by-. B Harr ChaÉmTan
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accwntlng Poll¢le¥ The prinpaI accountillg policies arg summarised bdow. The {)unt.n9 polkges have been appl+ed e4)n8lStenUy throughout the year and the pre1[3 year. Ba81s of aw)untin9 These financial stataments have be pyepared under the stOriCal c%Jst ra)nvention with items reColsed at rA)st or trdnsaction value utFle58 othenM8e stated. The financi81 statem&nLs hav8 been Prepar in accordance wfth Accounting and R8rK>rting by Charities.. Statement of Recommended Practice applicable to thariues prepamng their arthunts in accordance wth the Financial Reporting Standard applic8ble in ts UK and Republi¢ ol IreloTht IFRS 1021 leffectve 1 January 20151- (Charities SORP IFRS 10211. Incomlny ResouY¢•s All inecming resources are ITrdUd In thè statement of finartlal 8ctivili85 when the chadty entitl to th8 income and the amount can quanttfie(I wth reason&le a0r0¢y. The followo sp8cJts pc4io&s weaw)lied to parbcular categorfes of incom8.' volunt incom& is rVed by Way of donations arKI gffts and is induded in full in thg stalent offlnanrial aCtitE&S when v. The value of sarvices pftjvided by vojuntsers has not be8n inclJded. R•scMJrce8 Eynded All expwéiture is rvAgnised on an cnJal$ b851s. Expenditurg Indudes aty VAT which Gannot bg rwvered 8nd k8 induded in the relevant )Sts in tha 5t8twnent of financial 8ctMti&%. Direct expandre cornprise thè 8t of donauons m&J&". other expanditure Indudgs cctsts incJJrred by the charity in dèlivwy of its artiVe$ and SleeS for its beneficiaries. Governance st5 are those incurred in connection wth the administration of tho charty and Tr)MplIan with th& constitutal and statufory wutr8m8nts. Fund A¢cowbting Gen31 funds ara unrestricted funds are aIlable for use at the dlsc¥8tion of thÈ Tru3tee5 in the furtherance of ger91 ob8$ of the charity and whith have not been d*ign81ed for other purposes. Restricaod funds are funds 1¢h 8re 8ubjeLt to spwific condlu0 by donors 88 to how they May be use(J. Trusts None of the trustegs lor any p8rsons connected th thernl rAlv any rernuneration during thg y8ar, and nm of them were 1MbUrSed expen585. 10
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 Aeeountan Net deficit are stated after charging-. 2021 2020 Indtrrend8nt examiners fa8 Donations pald Tho Smount paid in th year eomprised of the followng ryants.: 2021 2020 DWons- Israel SFQrt Centrg for the Disabled Sundry 1W.671 1.500 30,00 Statoment of rostrlcted funds All fuFKls gen8rated In the year rled to unrestrkbj fi¢nds nc d&signated for parkncular purposes. Stat•mgnt of unrestrfcled funds 1 Aprfl 2021 In¢om4ng R¢sour¢e¥ 31War R•SoUr$ Expendèd 2022 Movemant in thè year 8,583 34, 132,142) 11.247 06 132.1421 1 Aryll 2020 InmFng R•Bourc•B 314ler R¢sourc¢¥ ExpgndBd 2021 Movernt in th8 year 13.451 96.558 1101.4261 8.583 13,451 96.$58 101,42 8.583 Analysts ot net u8ets bètween funds Unrestrlcted R8Strlctsd Funds Fund5 Totsl Prlor year Current aSSBts 11,247 11,247 8,583 47 10
FRIENDS OF THE ISRAEL SPORTS CENTRE FOR THE DISABLED NOTES FORMING PART OF THE FINANCW STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 R•sour¢B• expended- Expendl¢ur• on r•istng fund$ The pakl in Ihe yoarcA)mprised of the folk)wing.' 2022 2021 RestrKt¢dUnr8stdcted funds nd$ Totsl R•strbctedUnrestrirt•d nds fvnds funds Stroamlhe charges Just glv5ffj charges Sundry 390 216 36 642 216 216 35 755 642 Resources •xpgnd¢d. Exp•nthbJr8 on chaiitablo thiti•s 2022 funds funfls Totsl Restrktod Unr86ttlcted funds fvnds lunds Donadon8 11,247 11,247 8,583 11,247 11.247 8.583