YOUTH ALIYAH- CHILD RESCUE
SCHOLARSHIP AND MAINTENANCE FUND
Report and Finaneial Statements
For the Year Ended 31 March 2024

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
INDEX
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Pa
Charity information
'I-rLislee s Ilepoi't
Auditor's Report
Statement of Financial Activities
Balance sheet
10
Notes to the Accounts

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
CHARITY INFORMATION
Corporate Trustee
Youth Aliyah - Child Rescue (a company limited by guarantee)
The Directors of which are :_
M F Robinson (Chainnan)
A J Taylor
A D Curtis
B S Curtis
H Soning
P Diamond
S M Strauss
E Eytan Alvarez (appointed 15 July 2024)
N Winters (appoÈnted 15 July 2024)
S Kaufmann (appointed 15 July 2024)
V Kisilevsky (appointed 15 July 2024)
B Leaver (resigned 30 November 2023)
G Spital (resigned 30 November 2023)
Principal Address
235 Regents Park Road
London N3 3LF
Charity Number
1087468
Bankers
HSBC
69 Pall Mall
London, SWIY SEY
Auditors
Goldwins Limited
Chartered Accountants and Registered Auditors
75 Maygrove Road
London
NW6 2EG
Solicitors
Martin Paisner CBE
Payne Hicks Beach
l O New Square
Lincoln's Inn
London WC2A 3QG

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FLND
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustee presents its Report together with the Audited Accounts of the Charity for the
year ended 31 March 2024.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Instrument
The Charity is an unincorporated association governed by a Charity Commission Scheme
adopted on 31 May 2001.
Trustees
The Corporate Truslee is YoLltlI Aliyali
Child Rescuc. a Coinpaiiy l.iniited by guarantee
undci- Conipaiiy IlLiiiiber 3 845916 aiid Chai-ilj iiuiiibei- 107791). I'lie d ireLIoi's (Trnd trustees ot"
Youtli Aliyali- Cliild Rescue ￿"C n￿ned on Pagse l.
OBJECTS AND ACTIVITllI S
Principal Activity
Youth Aliyah - Child Rescue Scholarship and Maintenance Fund is effectively a subsidiary
of Youth Aliyah Child Rescue and the sole activity of the Charity is to manage the
Scholarship endowment funds and to utilise the income arising therefrom to provide
scholarship to students in 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 villages in the form of scholarships.
committee 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 2024
STATEMENT OF RESPONSIBLITIES OF THE TRUSTEE
The trustee is responsible for preparing the trustee's annual report and the financial
statements in accordance with applicable law and United Kingdom 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 state of affairs of the charity and of the incoming resources
and application of resources, including the income and expenditure, of the charity for that
period. In preparing these financial statements, the trustee is required to".
Select suitable accounting policies and then appIy 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 and statements of recommended
practice have been followed, subject to any Enaterial departures disclosed and
explained in the financial statements
Prepare the financial statemcnts on the going concem basis unless it is inappropriate
to presume that th¢ charity will continue Én operation
The trustee is responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011. It is also responsible for
safeguarding the assets of the charity 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 financial
Information included on the charity's website. Legislation in the United Kingdom governing
the preparation and dissemination of financÉal statements may differ from legislation in other
jurlsdictions.

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
STATEMENT OF RESPONSIBILITIES OF THE TRUSTEE
Continued
FOR THE YEAR ENDED 31 MARCH 2024
Statement as to disclosure to our auditors
In so far as the trustee is aware..
There is no relevant audit inforniation of which the charity's auditors are unaware.
The trustee has taken all steps that it ought to have taken to make itself aware of any
relevant audit information and to establish that the auditors are aware of that
information.
Auditors
Goldwins Limited have expressed their willingness to continuc in office as Auditors.
iesolution proposingy their re-appointment will be submitted at tlie Annual General Meeting.
The IrLlStee's <liinu£21 rcport has bccn appi-oiied bs1 tlie trLlStee on
and signed on its behalf by;
M Robinson Esq- (Chairman)

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
Opinion
We have audited the financial statements of Youth Aliyah - Child Rescue Scholarship and
Maintenance Fund (the 'CharÉty') for the year ended 31 March 2024 which comprise the
Statement of Financial Activities, the Balance Sheet and notes to the financial statements,
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 Financial Reporting Standard 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 Charity's affairs as at 31 March 2024 and of
the income and expenditure for the year then ended
have been properly prepar¢d in accordance with United Kingdom Generally Accepted
Accounting Practice"
have been prepared in accordance with the requirements of the Charities Act 2011
Basis for opinlon
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 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 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 12 months from
when the flnancial 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 this report.

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND (Continued)
Other information
The other information comprises the information included in the annual report, including the
trustee's report, other than the financial statemeiits and our auditor's report thereon. The
trustee is responsible for the other information contained within the annual report. Our
opinion on the financial statements does not Cover the other infom]ation and, except to the
extent otherwise explicitly stated in our report, we do not express any form of assurance
conclusion thereon.
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 course of the audit, or oth¢nvisc appears to be materially misstated. If we
identify such material inconsistencies or apparent material misstatements, we are required to
determine whether this gives rise to a material misstatement in the financial statements
themselves. If, based on the work we have performed, we conclude that there is a material
misstatement ot.this other information: we arc required to report thai fact
WL Iiave notl)iniJ to i-epoi-t in Iliis regFdl-d.
M2ttcrs on Ivhich Ive are requircd to rcport b} exception
In the light of the knowledge and understanding of the Charity and its environment obtained
in the course of ihe audit, we have nol idenlitied tnaterial misstatements in the Trustee's
Annual Report.
We have nothing to report in respect ol the following matters in relation to which the
Charities Act 2011 requires us to report to you if, in our opinion..
the infonnation given in the trustee's report is inconsistent in any material respect
with the financial statements; or
sufficient accounting records have not been kept. or
tlie financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
Responsibilities of the trustee
As explained more fully in the trustee's responsibilities statement, the trLlStee is responsÈble
for the preparation of the financial statements and for being satisfied that they give a true and
fair view, and lor such interiial control as it determines is iiecessary to enable the preparation
of tinancial statements that are free from material misstatement, whether due to fi'aud or
error.

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALIYAH -
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND (Continued)
In preparing the financial statements, the trustee is responsible for assessing the Charity's
ability to continue as a going concern, disclosing, as applicable, matters related to going
concem and using the going concern basis of accounting unless the trustee either intend to
llquidate the Charity or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under the Charities Act 2011 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 free from material mÈsstatement, whether due to fraud or error, and to issue an
auditor's report that includes our opinlon. Reasonable assurance is a high level of assurance,
but is not a guarantee that an audit conducted in accordance wÉth 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 influenc¢ 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
misstatcments in respect of irregularities, including fraud. The extent to which our procedures
are capable of detecting irregularities, including fraud is detailed below:
We enquired about management, which included obtaining and reviewing supporting
documentation, concerning the charity's policies and procedures relating to:
o identifying, evaluating, and complying with laws and regulations and whether
they were aware of any instances of non-compliance
Detecting and responding to the risks of fraud and whether they have
knowledge of any actual, suspected, or alleged traud
The internal controls established to mitigate risks related to fraud or non-
compliance with laws and regulations
We obtained an understanding of the legal and regulatory framework that the charity
operates in, focusing on those laws and regulations that had a material effect on the
financial statements or that had a fundamental effect on the operations of the charity
from our professional and sector experience
We reviewed the financial statement disclosures and tested these to supporting
documentation to assess compliance with applicable laws and regulations
We performed analytical procedures to identify any unusual or unexpected
relationships that may indicate risks of material misstatement due to fraud
In addressing the risk of fraud through management override of controls, we tested the
appropriateness of journal entries and other adjustments, assessed whether the
judgements made Én making accounting estimates are indicative of a potential bias
and tested signkficant transactions that are unusual or those outside the normal course
of business

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEE OF YOUTH ALJYAH-
CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND (Continued)
Because of the inherent limitations of an audit, there is a risk that we will not detect all
irregularities, including those leading to a material misstatement in the financial statements or
non-compliance with regulation. The risk is also greater regardiiig irregiilarities occurring due
to fraud rather than error, as fraud involves intentional concealment, forgery, collusion,
omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located
on the Financial Reporting Council's website at: [www.frc.org.uk/auditorsresponsibilities].
This description forms 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 sectÈon 144
of the Charities Act 2011 and the regulations made under section 154 of the Act. Our audit
work has been undertaken so that we might state to the Charity's trustee those matters we are
required to stale to them in an auditor's report and for no other purpose. "E o the fullcst cxtcnt
perniitted by law, wc do not acccpt or assume responsibility to anyoiie otlier than the Chai-ity
iiid ilie Cliarity s li-iistee as a body. for oiii- audit woi-L, t"oi- tliis repoil, oi- lor tlie opiiiiuns we
have loiii]ed.
1211212024
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
Goldwins Limited is eligible for appoiiitment as auditor of tlie charity by virtue of its eligibility for
appointment as auditor of a company under section 1212 of the Coinpanies Act 2006.

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Note
Income from:
Investments
31,999
31,980
Expenditure on:
Raising funds
(5,987)
(6,062)
CharitabIe Activities
(25,000)
(25,000)
1,012
918
Transfer from Youth Aliyah - Child Rescue
Transfer from Children and Youth Aliyah
Committee for Gr¢at Britain and Eire
NET INCOME/(EXPENDITURE)
1,012
918
Investment (Losses)/GaÉns
(24,904)
(79,182)
NET MOVEMENT IN FUNDS
(23,892)
(78,264)
Funds Brought Forward
731,524
809,788
Funds Carried Forward
£707,632
£731,524
The attached notes fonn part of the financial ststements.

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
BALANCE SHEET AS AT 31 MARCH 2024
NOTE
2024
2023
FIXED ASSETS
Investments
776,381
775,483
CURRENT ASSETS
Cash at bank
12,280
12,070
CREDITORS: amounts falling
due within one year - YACII
(81,029)
(56,029)
NET CURRENT (LIABILITIES)IASSE4 TS
(68,749)
(43,959)
NET ASSETS
£707,632
£731,524
FUNDS
Endowment Funds
£707,632
£731,524
£707,632
£731,524
and signed on its behalf by
M Robinson Esq (Chairman)
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 31 MARCH 2024
ACCOUNTING POLICIES
a) Basis of preparation of accounts
The financial statements have been prepared in accordance with Accounting and
Reporting by Charites: 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 l January 2015) -
(Charities SORP FRS 102).
The charÈty meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy or note.
b) Ineome
Investment income És credited to income on a received basis.
Pemianent endowmcnts are dealt with through the Statement of Financial Activities
when received.
c) Investments
Investments are stated in the Balance Sheet at market value. The statement of
Financial Activilies includes the net gains and losses arisÉng on revaluations and
disposals throughout the year.

YOUTH ALIYAH- CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED 31 MARCH 2024
Total
2024
Total
2023
CHARITABLE ACTIVITIES
Grants to Israel:
Scholarships
25,000
25,000
INVESTMENTS
Market Value as at l April 2023
Additions
Dispos1L Is
Transfer
Realised & Unrealised Gains / (I.osses)
775,483
31,789
(5,987)
863,786
31,934
(36.054)
(5,000)
(79,183)
(24,904)
Market Value at 31 March 2024
£776,381
£775,483
Investments may by analysed as follows
Cash
Investment funds and bonds
Equities
8,505
318,543
449,333
70,780
314,715
389,988
776,381
£775,483
12

YOUTH ALIYAH - CHILD RESCUE SCHOLARSHIP AND MAINTENANCE FUND
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED 31 MARCH 2024
TRUSTEE'S REMUNERATION AND EXPENSES
No remuneration was paid to the trustee in the year, nor were any expenses
reimbursed to it.
CONNECTED CHARITY
The charity is a subsidiary of Youth Aliyah - Child Rescue, a Company Limited by
guarantee, which is registered in England and operates within the United Kingdom.
The principal plac¢ of business of Youth Aliyah - Child Rescue is 235 Regents Park
Road, London, N3 3LF.
The ChÈldren and Youth Aliyah Committee for Great Britain and Eire is a fellow
subsidÉary of the charity Youth Aliyah - ChiId Rescue.
13