YOUTH ALIYAH - CHILD RESCUE
SCHOLARSHIP AND MAINTENANCE FUND
Report and Financial Statements
For the Year Ended 31 March 2023

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
INDEX
FOR THE YEAR ENDED 31 MARCH 2023
CONTENTS
Charity inforination
Triistee 5 Repoi'l
Auditor's Report
Stateinenl ot Financial Activities
Balance sheet
10
Notes to the Accounts

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
CHARITY INFORMA TION
Corporate Trustee
Youth Aliyah- Child Rescue (a company limited by guarantec)
The Directors of which are
Mrs B S Curtis
A D Curtis Esq
P Diamond
B Leaver Esq
M F Robinson Esq (Chairman)
H Soning Esq
S M Sti'auss Esq
A J Taylor Esq
G Spital (Appointed on 20 October 2021)
Principal Address
235 Regents Park Road
London N3 3LF
Charity Number
1087468
Bankers
HSBC
69 Pall Mall
London, SWIY SEY
Auditor5
Goldwins Limited
Chartered Accountants and Registered Auditors
75 Maygrove Road
London
NW6 2EG
Solicitor5
Martin Paisner CBE
Payne Hi¢ks Beach
10 New Square
Lincoln's Inn
London WC2A 3QG

YOUTH ALIYAH - CHILD RESLUE SCHOLARSHIP AND MAINTENANCE FUND
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 MARCH 20?3
The Trustee presents its Report together wilh the Audited Accounts of clie Charity for the
year ended 31 March 2023.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Instrument
The Charity is an unincorporated association governed by a Charity Commission Scheme
adopted on 31 May 2001.
Trustee5
The Corporate Truscee is Youlh Aliyah - Chi Id Rescue. a c.ompany l.imited by guarantcc
Lindcr Coinpany nuiMbci- 3845916 aiid Charity nuinbei. 1077913. Tl)e dii"eLiOlS and trustees of
Youili Aliyah Cliild Rescuc are named on PaiJe l.
OBJECTS AND ACTIVITIES
Principal Activity
Yoiiih Aliyali - Child Rescu¢ Scholarsliip and Maintenance Fund is elTeclively a subsididry
of Yoiith Aliyah Cliild Rescue and the sole activity of the Charity is lo Inanagc thc
S¢holarship endowment funds and to utilise tlie income arising iherefrom io provide
s¢liolarship to students iii the Youth Aliyah Villages in Israel.
Review of Activities
Youth Aliyah Child Rescue Scholarship and Maintenance Fund is responsible for
disbursing grants to individual children in the village5 in ih¢ fonn of s¢holarships.
commit(ee meets once a year and receives recommendations from the Directors of the
Villages. Many of the scholarships given have specified criteria, and the Committee tries to
match these with the most needy children. The Children then receive a small Stipend for the
year.

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
STATEMENT OF RESPONSIBILITIES OF THE TRUSTEE
FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF RESPONSIBLITIES OF THE TRUSTEE
The trustee is responsible for preparing the trustee's anrjual report and the financial
statements in accordance with applicable law and United Kiiigdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Charity law requires the trustee to prepare financial statements for each financial year which
give a true and fair view of the slate of affairs of the charity and of the incoming resources
and application of resources, including thc income and expcnditure, of the charity for that
period. In preparing Ihese financial 5tstements. the Irustee is required to..
Select suitable accounting policies and then apply them consistently
Observe tlie methods and principles in the Charities SORP
Make judgements ai)d estimates Ihat are reasonable and prudent
State whether applicable UK Accounting Standards and statements of recommended
praetiee have been followed, subject to any material departures disclosed and
explained in the financial statements
Prepare the financial staiements on the going concern basis unless it is inappropriate
lo presume that the charity will continue in operation
The trustee is responsible for keeping proper accountiiig records that disclose with reasonable
acciirdcy al any time the financial position of the charity and enable them to cnsure that Ihe
financial stateinenls comply with the Charities Acl 2011. It is also responsible for
safeguarding the assets of the ¢harity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
The trustee is responsible for the maintenance and integrity of the corporate and fit7ancial
information included on th¢ ¢harity's website. Legislalion in the United Kingdom governing
th¢ preparation and dissemination of financial statement5 may differ froin Icgislation in odier
jurisdictions.

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
STATEMENT OF RESPONSIBILITIES OF THE TRUSTEE
Conlinued
FOR THE YEAR ENDED 31 MARCH 2023
Statement as to disclosure to our auditors
In so far as the Iriislee is aware=
There is no relevant audit information of which the charily's auditors are unaware;
and
The trustee has taken all steps ihat it ought to have laken lo make itself aware of any
levant audit information to establish that the auditors are aware of that
information.
Auditors
Goldwins Limiled have expressed their willingness to continue in otTice as Auditors.
resolLltion proposing their re-appointinent will be submitted at the Annual General Meeiing.
Tlic ti'uslec's <l111)ual repoii has beeii appi-c)ved by tlie trustee on
and sigftcd on its b¢half by.
M Robinson Esq- (Chairman)

INDEPENDE￿ AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE Fuf4D
Opinioll
We have audited the financial statements of Youth Aliyah - Child Rescue Scholarship and
Maintenance Fund (the 'Charity') for the year ended 31 March 2023 which comprise the
Sta(ement of Financial Activities, the Balance Sheet and notes to the financial 5tatement5.
including a summary of significanc accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting
Standard5, including Financial Reporting Standard 102: The Financial Reporting Standard
applicable in Ihe UK and Republic of Ireland (United Kingdom Generally Accepted
Accounting Practi¢e).
In our opinion, the financial statements-
give a true and fair view of the state of Charity's affairs as at 31 March 2023 and of
the 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 Charities Act 2011
Basis for opinion
We condueted 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 rcport.
We arc independent of the Charity in accordance with the ethical requirements that are
relevant io our audit of the financial statcments in the UK, including the FRC'S Ethical
Standard and we have fulfilled our other ethical responsibilities in accordance with these
i'equirements. We believe that the audit evid¢nc¢ 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 wn¢luded that the trustee's use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have pcrfonned, we have not identified any material uncertainties
relating to events or conditions Ihat, individually or collectively, may cast significant doubt
on the Charity's ability to continue as a going concern for a period of at least 12 month5 from
wlien the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are
described in the relevant sections of ihis report.

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND (Continued)
Other information
The other infomiation comprises the information included in the annual report, including the
triistee's report, other than the financial statemenls and our auditor's report thereon. The
ti'ustee is responsible lor the other information contained within the annual report. Our
opinion on the financial staicments does not Cover the other information and, except to the
extent otherwise explicitly slated in our report, we do not express any fom) of assurance
conclusion thereori.
Our reswnsibility is to read the other infomiation and, in doing so. consider whether ihe
oilier information is materially inconsistent with the financial statements or our knowledge
obtained in the course of tlie audit, or othenvise appears to be materially misstated. If we
identify siich material inconsistencies or apparent material Inisstatements. we are required to
deterinine whether this gives rise to a Ina(erial misstatement in the financial statemcnts
thcmselves. If. based on the work we have perloriT)ed, we conclude that there is a material
Imisstateiment of this other information, we are required to report thai fact
We hgve noihing to IEpoit in this I'egard.
Matters on Ivhich we are required to report by exception
In tlie light of the knowledge and understanding of Ihe Charity and ils environment obtained
in the course of the aiidit. we have not identified material misstatements in the Trustee's
Annual Report.
We have nothing to report in rcspect of the following Inatters in relalion to which the
Charities Act 201 I requires us to reporl to you if, in our opinion..
the infomation given in the trustee's report is inconsistent in any material respect
with tlie financial statem¢nls,' or
suffieienl accounting records have not been kept; or
the financial stdtemenls are not in agreemen( wilh the accounting records; or
we have not received all the information and explanations we require for our audil.
Responsibilities of the trustee
As explained more fully in the trustee's responsibilities statement. the trustee is responsible
for the preparation of the financial staleinenls and for being satisfied that tliey give a true and
fair view, and for such internal control as li deicrmilles is iiecessary to enable (he preparation
of financial statements tlial are free from material misstatement, whether due io Iraud or
error.

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENAf4CI FUND (Continued)
n preparing the financial slatements, the trustee is responsible for assessing the Charity's
abilily to continue as a going concern, disclosing, as applicable, matters related to going
concern and Ltsing the going concern basis of ac¢ounting unless Ilie trustcc cither intend to
liquidate the Charity or lo cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial staten)ents
We have been appointed as auditor under the Charities Act 201 l and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are Irce 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 Icvel of assurance,
but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always
detect a maierial 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 us¢rs 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
misstateiments in respect of irregularities, iTtcluding fraud. The extent lo which our procedures
are capable of detecting irregularities, iiicluding fraud is detailed below..
We enquired about management, whi¢h included obtaining and reviewing supporting
docuinenlation, coiicerning tlie charity's policies and procedures relating to..
o identifying, evaluating, and complying with laws and regulations and whether
they were aware of any insiances of non-compliance
Detecting and responding to the risks of fraud and whether they have
knowledoe of any actual, suspe¢ted, or alleged fraud
The internal controls cslabli5hed to mitigate risks related to fraud or non-
compliance with laws and regulations
We inspected the minutes of meetings of those charged with governance.
We obtained an understanding of the legal and regulatory framework that the eharily
operates in, focusing on those laws and regulations that had a material effect on the
financial statements or tliat had a fundainental effect on the operations of the charity
from our professional and seclor experience
We reviewed Ihc financial stateinent disclosures and tested these to supporting
documentation to assess compliance with applicable laws and regulations
We perfomied analytical procedures to identify any unusual or unexpected
relationships that inay indicate risks of material misstatement due to fraud
In addressirtg the risk of fraud through management override of Controls. we tested the
appropriateness of journal entries and othcr adjustments, assessed whether the
judgements made in making accounting estimales are indicative of a poteniial bias
and iested significant transactions that are unusual or those outside the normal course
of business

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RF.SCUE SCHOLARSHIP AND MAINTENANCF. FUND (Continued)
Because of the iiihercnt limitations of an audit, there is a risk that we will not detcct all
irregularities, includin(T those leading to a material misstatement in the financial slatemcnts or
non-compliance willi rcgulation. The risk is also greater regarding irregularities occurring due
to fraud raihcr than error, as fraud involves intentional concealment, forgery, collusion,
omission or misi'epresentalion.
A further desLription of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at.. Iwww.frc.org.uklauditoi'sresponsibililies}.
This description fonns part of our auditor's report.
Use of our report
This report is made solely to the Charity's trustee, as a body, in accordance with section 144
of the Charities Act 2011 ai)d the regulations made linder section 154 of the Act. Our audit
work lias been undertaken so that we might state to the Charity's trustee those niatters we are
required to state lo them in an audilor"s report and for no other purpose. To the fullest extent
permitted by law. H'e do not accepi or assumc rcsponsibilily to anyone nther tlian the Charity
and the Charity's trustee as a budy. lor our audil work. f(Jr this I'eport, or lor Ilie opinions we
have forined.
411212023
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
Goldwins Limited is eligible for appoiiitmeiit as auditor of the tliarity by virtu¢ of its ¢ligibility for
appoii)tmeiit a5 auditor of a coinpany under section 1212 of the Con)pgnies Ac¢ 2006.

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Note
Income from:
Invcstment5
31,980
33,116
Expenditure on:
Raising funds
(6,062)
(6,743)
Charitable Activities
(25,000)
(50,000)
918
{23,627)
Transfer from Youth Aliyah - Child Rescue
Transfer from Children and Youth Aliyah
Committee for Great Britain and Eire
NET INCOMEI(EXPENDITURE)
918
(23,627)
Investment (Losses}/Gains
(79,182)
18,356
r4ET MOVEMENT IN FUNDS
(78,264)
(5,271)
Funds Brought Forward
809,788
815,059
Funds Carried Forward
£731,524
£809,788
'I'he attached notes form part of the financial statements.

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
BALANCE SHEET AS AT 31 MARCH 2023
NOTE
2023
2022
FIXF.D ASSETS
Investments
775,483
863,786
CURRENT ASSETS
Cash at bank
12,070
21,002
CREDITORS= amounts falling
due within one year- YACR
{56,029)
(75,000)
NET CURRENT (LIABILITIES)IASSETS
(43,959)
(53,998)
NET ASSETS
£731,524
£809,788
Endowinent l--unds
£731,524
£809,788
£731,524
£809,788
Approved by the Corporaie Trusiee on
? QL3 and signed on its behalf by
M Robinson Esq {Cbairman)
A Taylor (Hon Treasurer)
The attached notes form part of the financial statements.
10

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED
I MARCH 2023
ACCOUNTING POLICIES
a) Basis of preparation of accounts
The financial statements have been prepared in accordance with Accounting and
Reporting by Charites.. Statement of Rccommended Practice applicable to charilies
preparing their accounts in accordance wilh the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102- effective l January 2015) -
(Charities SORP FRS 102)-
The Charity meets the definition of a public benefil entity under FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction value unless
othenvise ststed in the ￿levant accounting policy or note.
b) Income
Inv¢stmenl incoine is credited to income on a received basis.
Permanent endowments are d¢alt with through the Statement of Financial Activities
whcn rec¢ived.
c) Inve5tmeDts
Investments are stated in the Balance Sheet at market value. The slatemenl of
Financial Activities includes the n¢¢ gains and losses arising on revaluations and
disposals throughout ihe year.

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED 31 MARCH 2023
Total
2023
Tolal
2022
CHARIT ABLE ACTIVITIES
Grants io Israel..
Scholarships
25,000
50,000
INVESTfviENTS
Markct Value as at l April 2022
Additions
Disposals
Transfer
Realised & Unrealised Gains l (Losses)
863.786
31.934
{J6.0541
(5.0001
{79.183)
800,772
73.113
(?8.4i51
18.356
Market Value at 31 March 2023
£775,483
£863.786
Invesiments may by analysed as follows
Cash
Inveslmeni funds and bond5
Equities
70.780
314.715
389.988
29,090
302,643
532,053
£775,483
£863,786
12

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED 31 MARCH 2023
TRUSTEE'S REMUNERATION AND EXPENSES
No remuneralion was paid to the trustee in the year, nor were any expenses
reimbursed lo it.
CONNECTED CHARITY
The charity is a subsidiary of Youth Aliyah - Chi Id Rescue, a Company Limited by
guarantee, which is registered in England and operates within the United Kingdom.
The principal place of busines5 of Youth Aliyah Child Rescue is 235 Regents Park
Road, London, N3 3LF.
The Children and Youth Aliyah Committee for Girat Britain and Eire is a fellow
subsidiary of tli¢ charity Youth Aliyah- Child Rescue.
13