Habonim Dror
Trustees, Report and Unaudited Accounts
For the year ended 31 August 2024
Charity number 1088803
Company registration number 4273482

Habonim Dror
Contents
Page:
Legal and administrative inforrnation
Report of the Trustees
Report of the Independent Examiner
Staternent of financial activities
10
Balance sheet
11
Statement of cash flows
12-23
Note forming part of the financial statements

Habonim Dror
Legal and administrative information
Trustees/Directors:
Anthony Ashworth-steen
Antony Berg
Cassie Ozer (ResEned on 21 May 20241
Gary Sakol
Adam Wagner
Hannah Weisfeld
Charity number
1088803
Company number
4273482
Executive director
Adi Rothman Berman
Principal address and
registered office
Lady Ruth House
Gabriel Mews
Crewys Road
London
NW2 2GD
Independent examlner..
Anthony Epton
Goldwins Limited
75 Maygrove Road
West Hampstead
London
NW6 2EG

Habonim Dror
Report of the Trustees
For the year ended 31 August 2024
The Trustees are pleased to present their annual report and fTnancial statement5 of Habonim Dror for
the year ended 31 August 2024. The financial statements comply with the Charities Act 2011, the
Companies Act 2006, the Articles of Association and Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 effective l January
2015.
Structure• governance and management
The Charity is a company limited by a guarantee. The Members of the Charity are the Trustees. In the
event of the Charity being wound up the liability In respett of the guarantee is limited to £10 per
Member.
The Trustees, who are also the directors for the purpose of company law and who served during the
year were:
Anthony Ashworth-steen
Antony Berg
Cassie Ozer IReslgned on 21 May 2024)
Gary Sakol
Adam Wagner
Hannah Weisfeld
Trustees are recruited as and when necessary.
The Board are mindful of their requirements to undertake necessary and relevant training.
The man8Eement of the Charity is undertaken by the Trustees who meet regularly. The Trustees are
mindful of the need to have adequate controls and procedures to identify and mitigate areas of
potential risk. The Trustees delegate the day-to-day responsibilities to the Charit¢s employees.
Objectives and activitie5
The Charity's objectives are to educate Jewrsh young people especiallyp but not exclusively, through
leisu re time activitie5 in the UK and abroad, so to develop their physlcal, mental, socia l and spiritual
capacities that they may grow up to full maturity as Individuals and members of society; to educate
Jewish young people in the history, traditions, culture and faith of the Jewish people; and to provide,
in the interest of social welfare, facilities for recreation and other leisure time occu pation of young
people. The policies adopted in furtherance of these objects are raising funds and receiving
contributions by way of subscriptions, donations and grants. The Trustees are empowered to act as
they see best forthe furtherance of the Charit¢s objects and there has been no change in these during
the year. The Charity aims to enhance the lives of Jewish youth across the entire United Kingdom
through a process of informal Jewish education. Habonim Dror aims to strengthen the Jewish and
Zionist identity of the participants, encourages them to take responsibility for socia l issues in British
and Israeli society and educate5 them about the core value5 of leadership.. H3bonim Dror engage5
Jewish youth throughout the year on residential and non-residential activities to Instil the aims of the
movement within participants. The Trustees have paid due regard to guidance issued by the Charity
Com mission in decid ing what activities the cha rity should undertake. The Charity is indebted to its long
list of volunteer5 who help with all actNities. Each year, there are over 100 volunteer leaders for
summer camps and weekly actlvlties. The monetary value of their efforts is difficult to calculate but
would exceed £IOO,000. Without them the Charity would not exist.

Habonim Dror
Report of the Trustees
For the year ended 31 August 2024
Activitie5 and performance
The Charity is pleased to report a successful year for its activities, with summer participants at its
highest for 14 years. We received strong feedback from both particlpants and parents on the quality
of the camps including our programming and organlsatlon. We anticipate a further stronE summer in
2025 with high signups post launch.
th
The Charity has taken its responsibilities since the horrors of the terrorist attack of October 7 very
seriously. It understands the need for thoughtfully designed and consistent programming for young
people in the Jewish communlty and ensured this was the case.
A particu lar highlight is our residential summer activities. Thi5 includes our annual leadership training
residential semina r, where we train over 90 leaders during ten intensive days, providing high quality
leadership training and education. This included Safeguarding training (our leaders are also DBS
checked), basic First aid a nd welfare, as well as intensive educational content relevant to the Camp
themes. These skills were used by the leaders on our residential summer camp, bringing together
young people from acr055 the country for a fortnight of education, personal growth and friendship.
The feedback from our Summer Camp was exceptionally strong and the Charity believes that our
engagement will continue to increase in the following year.
The Charity continues to benefit from the expertise and dedication of our team of Trustees who have
provided the Charity with high-quality a nd sensitive oversight and direction and acted with care a nd
skill throughout. Our President, Ruth, Lady Morris of Kenwood continues to take an active interest and
provldes counsel.
The Trustees and Staff continue to review and develop our Safeguarding arrangements, risk
management, financial management processes, confidentiality and privacy and management
procedures, The Charity would like to express its thank5 for the many years of hard work and
dedication of Cassie Ozer, who stepped down frorn her role of Trustee this year, The Charity Is
extremely grateful for the commitment and sUPPOrt of all the Trustees as well as the staff, volunteers
and our incredibSe Movement Workers.

Habonim Dror
Report of the Trustees
For the year ended 31 August 2024
Financial revlew
Whilst the Charity's activity year ran at a small surplus. the ChariW5 accounts report a deficit due to a
one-off item relating to a historic matterthat has been resolved (see financial note 8).
The Charity remains financially secure and resilient. It 15 the policy of the Charity to target a surplus
each year and has a strong asset position that allows the charity to withstand one-off events. It's the
charitWs policy that u nrestricted funds, wh ich have not been designated for a specific purpose, should
be maintained at a level equivalent to a minimum of six month's expenditure. The Trustees consider
that reserves at this level will ensure that, in the event of a significant drop in fundin& the cha rity has
sufficient reserves to operate and time to raise additional funds as required. This level of reserves has
been maintained a5 a minimum throughout the year. We are commltted to providing our Bursary
Scheme to SUPPOrt those who might otherwise be less able to afford to participate in our activities.
We currently hold funds from the sale of a property in Manchester and as a result continue to monitor
and assess the opportunities in Manchester. In due course we will take a view on a replacement
property or otherwise.
We are especially grateful to the many individual Donors, Trustees and Foundations who have been
willing to provide financial support for our charity.
Public Benefit
The Trustees have complied wlth their duty under the Charities Act 2011 and have paid due regard to
public benefit when preparing this report.
The benefit provided to the public is conslstent with the charitable aims of Habonim Dror and 15 in due
regard to the Charity Commisslon guldelines.
Reserves
The Board's reserves policy is to maintain a minimum level of operating costs consistent with the
predomina nt risks to the organisation, specifically a fall in income. The Board has reviewed the cu rrent
u nrestricted reseriies of the Charity and considers that the level is sufficient but not excessive. The
Charity has unrestricted reserves to cover 12 months operation costs.

Habonim Dror
Report of the Trustees
For the year ended 31 August 2024
Risk
The Trustees have undertaken procedures in orderto implement SORP 2015 as it is acknowledged best
practice for charities. They have undertaken a risk management process, which outline5 the key risks
of the Charity, relevant control procedures. responsibilities and future actions to be ta ken. Future
monitoring of risk is embedded within the overall agreed procedures of the Charity.
The Trustees are satisfied that all the major risks to which the Charity is exposed are bein8 reviewed
and systems of internal control are being established to manage those risks. It 15 recognised that
systems can only provide reasonable but not absolute assurance that major risk5 have been adequately
managed.
The Charity has a comprehensive Trustee Indemnity Insurance Policy.
The Charity continues to work with its broker on the provision of appropriate insurance cover- the
cover is reviewed annually or more often as required.
Trustees. responslbilltles in relation to the financial statements
The Trustees are responsible for keeping accounting records, which disclose with reasonable accuracy
at any time the financial position of the Charity and enable them to ensure that the financial
statements comply wlth the Charities Act 2011. They are 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 Diredors (who are also Trustees forthe purposes of charity lawl are responsible for preparing the
Trustees, Annual Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice), including
Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic
of Ireland"
Company law requSres the charity Trustees to prepare financial statement5 for each year, which give
true and fair view of the state of affairs of the charitable company and the group and of the incoming
resource5 and application of resources, including the income and expenditure, of the charltable grou p
for that period. In preparing the financial statements. the Trustees are required to,.
Select suitable accounting policies and then apply 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 have been followed subject to any
rnaterial departure5 disclosed and explained in the financial statements;
Prepa re the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.

Habonim Dror
Report of the Trustees
For the year ended 31 August 2024
Trustees, responsibilities in relation to the finantlal statements {continued)
The Trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable companvs website. Legislation in the United Kingdom
governing the prepa ration and dissemination of financial staternents may differ from legislation in
other jurisdictions.
Approved by the Board of Trustees/Directors and signed on their behalf by:
Antony Be
Trustee/D'
ector
1610512025

Independent Examiner's report to the Trustees of Habonim Dror
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 August 2024.
Re5ponsil)illties and basls of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('the 2006 ACVI.
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination. I report in respert of my examination
of your charit¢s accounts as carrled out under section 145 of the Charities Act 20111'the 2011 Act'l.
In carrying out my examination I have followed the Direction5 given by the Charity Commission under
section 145151 {bl of the 2011 Act.
Independent examinerfs statement
Since the Company's gross income exceeded £250,000, I confirm that l am qualified to undertake the
examination because l am a member of the ICAEW, which is one of the listed bodies,
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by section 386 of the
2006 Act; or
the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of sectlon 396 of the 2006 Act
other than any requlrement that the accounts give a 'true and falr vlew which is not a matter
considered as part of an independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practlce for accounting and reporting by charltles applicable to
charities preparing thelr accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021.
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.
1610512025
Anthony Epton BA FCA cfA FCIE
Goldwins
Chartered accountants
75 Maygrove Road
West Hampstead
London NW6 2EG

Habonlm Dror
Statement of financlal actlvltles Ilncorporatlng an Income and expendlture account)
For the year ended 31 August 2024
2024
2023
Unrestricted Endowment
Fund
funds Total Fund Total Fund
Note
Income frorn:
Donations and legacie5
Charitable activlties
Investment5
Other
19,030
815,500
51.725
19,030
815,500
51.725
36,393
628,891
43,625
Total Income
886,255
886,255
708,909
Expendlture on..
Charitable activities
Other
875,518
875,518
707,944
Total expendlture
875,518
875,518
707,944
Net income l (expendlture) for the year
10.737
10,737
965
Exceptional ite ms
(100,200)
(100,200)
Transfers between funds
Net income I lexpendlture) before other
recogn15ed galns and losses
(89.463)
(89,463)
965
Net movement In funds
(89.463)
(89,463)
965
Reconclllatlon of funds..
Total funds brought forward
1,833,476
268.327 2.101,803 2,100,838
Total funds carrled forward
1.744.013
268,327 2.012,340 2,101,803
All of the above results are derived from continuing activitie5. There were no other recognised gains or 105se5
other than those stated above. Movement5 in fund5 are disclosed in Notes to the financial statements.

Habonim Dmr
Balance sheet
Company no. 4273482
Asat31Au
ust 2024
2024
2023
Note
Flxed assets..
Tangible assets
1,311,313
1,287,054
1,311,313
1,287,054
Current assets:
Debtors
Cash at bank and in hand
129,197
786,899
150.201
793,959
916.096
944.160
Liabilities:
Creditor5'. amounts falling due within one year 15
1199.236)
{103.655)
Net current assets
716,860
840,505
Total assets le55 current liabilitie5
2.028,173
2,127.559
Creditors-. amourbts falling due after one year 16
(15,833)
{25,756)
Total net assets
2.012,340
2,101.803
The funds of the charity:
Endowment funds
Unrestricted fund5-.
Propertie5
General funds
268,327
268,327
1.282.500
461,513
1.282,500
550,976
Total unrestricted funds
1,744,013
1,833.476
Total charlty funds
2.012,340
2,101.803
The Trustees consider that the company is entitled to exemption from the requirement to have an audit
under the provisions of section 477 of the Companies Act 2006 and members have not required the
charitable company to obtain an audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act
2006 with respect to accounting records and for preparing financial statements.
The financial statements have been prepared in accordance with the special provision5 relating to
companies subject to the small companies regime within Part 15 of the Companie5 Act 2006 and in
accordance with 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 l January 20151.
Approved by the trustees on
and signed on their behalf by
Antony
Trusree
erg

Habonlm Dror
Statement of cash flows
For the
ar ended 31 Au
ust 2024
Note
2024
2023
Cash flows from operating attlvltles
Net cash provlded by l (used In) operatlng activltles 18
36.727
(71,427)
Cash flow5 from investing actlvltles:
Purchase of fixed assets
(33.864)
Net cash provlded by l (used in) investing activities
(33,864)
Cash flows from flnancing activities-
Repayments of borrowing
Cash Inflows from new borrowing
Receipt of endowment
(9,923)
Net cash provided by l (used in) financlng actlvltles
(9,923)
(9,5711
Change in cash and cash equivalents in the year
(7,060)
180, 9981
Cash and cash equivalents at the beglnning of the
vear
793,959
874,957
Cash and cash equivalents at the end of the year
786,899
793,959

Habonim Dror
Notes to the financlal statements
For the
ear ended 31 Au
ust 2024
l Accounting policies
a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts
in acccrdance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102
effective l January 2015) - (Charities SORP FRS 102) and the Companies Act
2006.
The charitable company 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) Golng concern
The trustees consider that there are no material uncertainties about the charitable company's
ability to continue as a going concern. The trustees do not consider that there are any 50urce5
of estimation uncertainty at the reporting date that have a significant risk of causing a material
adjustment to the carrying amounts of assets and liabilities within the next reporting period.
c) Income
Income is recogni5ed when the charity has entitlement to the funds, any performance
conditions attached to the Income have been met, it is probable that the income will be
received and that the amount can be measured reliably.
Income from government and other grants. whether 'capital' grants or 'revenue' grants, 15
recognised when the charity has entitlement to the funds, any performance conditions attached
to the grants have been met, it Is probable thai the income will be received and the amount can
be measured reliably and is not deferred.
For legacies, entitlement is taken as the earller of the date on which either.. the charity is aware
that probate has been granted, the estate has been finalised and notification has been made by
the executor(s) to the charity that a distribution will be made. or when a distribution Is received
from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the
amount can be measured reliably and the charity has been notified of the executor's intention
to make a distribution. Where legacies have been notified to the charity, or the charity is aware
of the granting of probate, and the criteria for income recognition have not been met. then the
legacy 15 a treated as a contingent asset and disclosed if material.
Income received in advance of the provlsion of a specified service is deferred until the criteria
for income recognition are met.
dl Donatlons of gift5, services and facilities
Donated professional Services and donated facilities are recognised as income when the charity
has control over the item or received the service, any conditions associated with the donation
have been met, the receipt of economic benefit from the use by the charity of the item is
probable and that economic benefit can be measured reliably. In accordance with the Charities
SORP (FRS 102), volunteer time is not recognised so refer to the trustees, annual report for
more information about their contribution.
On receipt, donated gifts. professional services and donated facllitles are recognised on the
basis of the value of the gift to the charity which is the amount the charity would have been
wllling to pay to obtain services or facilities of equivalent economic benefit on the open market.,
a corresponding amount is then recognised in expenditure in the period of recelpt.
e) Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity. this is normally upon notification of the interest paid or payable by the
bank.

Habonlm Dror
Notes to the flnancial statements
For the
ear ended 31 Au
ust 2024
l Accountlng policies (continued)
fi Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure
which meets these criteria is charged to the fund.
Endowment funds are specific fund5 provided to the charity following the disposal of a property
several years ago.
Unrestricted funds are donations and other incoming resources received or generated for the
charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
g) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
a third paty, it Is probable that Settlement will be required and the amount of the obligation
can be measured reliably. Expenditure is classified under the following activity headings:
Costs of raising funds relate to the costs incurred by the Iharitable company in inducing
third parties to make voluntary contributions to it. as well as the cost of any activitie5 With
a fundraising purpose.
Expen d iture on charitable activitie5 includes the costs of delivering services. undertaken to
further the purposes of the charity and their associated support costs.
Other expenditure represents those items not falling into any other heading
Irrecoverable VAT Is charged as a cost against the activity for which the expenditure was
incurred.
h) Allocation of support costs
Re50urce5 expended are allocated to the particular activity where the cost relates directly to
that activity.
1> Tanglble fixed assets
Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation.
Depreclatlon is provided at rates calculated to write off the cost of valuation less estimated
res id ual value of each asset over its expected useful life.
Depreciation is provided at rates calculated to write down the cost of each asset to its
estimated residual value over its expected useful life. The depreciation rates in use are as
follows..
Freehold building
Fixture5 and Fittings
Office equipment
4 years
4 years
The charity's freehold property comprises land and building5 including subsequent
improvements to the property. Depreciation is not charged on the land element, which is
instead subject to impairment review. No depreciation charge is made against the building and
improvements as it is considered that the residual value of these is at least as great as the
carrying value and not materially different to cost. The charity operates a rolling repairs and
malntenance programme to prolong the useful Ilfe of the property and to ensure that the above
policy continue5 to be appropriate.

Habonim Dror
Notes to the flnanclal statements
For the
ear ended 31 Au
ust 2024
l Accounting policies (continued)
J> Flxed asset Investments
Property investments are initially recognised at Cost and subsequently measured at fair value
unless fair value cannot be measured reliably in which case they are measured at cost less
impairrnent.
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised
gains and losses on investments are calculated as the difference between sales proceeds and
their opening carrying value or their purchase value if acquired subsequent to the first day of
the financial year. Unrealised gains and losses are calculated as the difference between fair
value at the year end and their carrying value.
k> Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayment5 are valued at the amount prepaid net of any trade discounts due.
l) Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the deposit or
slmilar account. Cash balances exclude any funds held on behalf of servlce users.
m) Creditors and provlslons
Creditors and provlsions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the
amount due to settle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recogni5ed at their settlement amount after allowing for any trade
discounts due.
n) Flnancial instruments
The charity only has financial assets and financlal Ilabiliries of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loans which
are subsequently measured at amortised cost using the effective Interest method.
o) Pensions
The charity operates a stakeholder pension scheme.

Habonim Dror
Notes to the flnancial statements
For the
ear ended 31 Au
ust 2024
Detailed comparatives for the statement of flnancial actlvltles
2023
Total
Unrestricted Endowment
Income from:
Donations and legacies
Charitable activ5ties
Invesrments
Other
36,393
628,891
43,625
36,393
628,891
43.625
Total Income
Expendlture on:
Raising funds
Charitable activities
708,909
708.909
707,944
707.944
Total expendlture
707,944
707.944
Net Income l expendlture before galns l (losses) on
Net gains l (losses) on investments
965
965
Net income l expenditure
Transfers beiween funds
965
965
Net movement in funds
Total funds brought forward
965
1.832.511
965
2,100,838
268.327
Total funds carried forward
1,833.476
268,327
2,101.803

Habonim Dror
Notes to the financlal statements
For the
ear ended 31 Au
ust 2024
3 Income from donations and legacies
2024
Total
2023
Total
Unrestricted
Restricted
Donations
Legacies
19,030
19,030
11,393
25,000
19.030
19.030
36,393
4 Income from charltable activities
2024
Total
2023
Total
Unrestricted
Restricted
Grant income
-youth grant5
-CST for security doors
Activity income
46,100
15,762
753.638
46,100
15,762
753,638
80,500
548.391
Total income from charitable activitie5
815,500
815,500
628,891
5 Income from investments
2024
Total
2023
Total
Unrestricted
Restricted
Rental income
Investment income
25.173
26,552
25,173
26,552
38,168
5.457
51,725
51,725
43.625

Habonlm Dror
Notes to the flnancial Statements
For the
ar ended 31 Au
ust 2024
6 Analysis of expenditure
Charitable
actlvities
Support
costs 2024 Total
2023
Total
Staff costs (Note 8)
Dlrect cost
Activity expense5
Travelling and seminars
Support costs
Rent and rate5
Light and heat
Insurance
Repal rs and renewals
Telephone
Computer & web51te
Printing, postage and stationery
Bank and credit card charges
General expenses
Independent examiner fees
Bookkeeplng & accountancy
Subscription
Legal and professional fees
Loan i nEere5t
Depreciation
Bad debr provislon
Exchange rate variance
85,314
52.477
137,791
126,477
611.099
10.283
611,099
10,283
486,875
18,606
1,629
10.693
28,631
3,118
4,443
4,263
534
6,546
2.027
3,000
7,668
595
18.680
860
9.605
14,294
1,629
10.693
28,631
3.118
4,443
4,263
534
6,546
2,027
3,000
7,668
595
18,680
860
9,605
14,294
(241)
875.518
6.109
2.459
27,322
2.770
4,471
6,170
489
4.813
1,479
3.000
6.907
630
9,367
1241)
706.455
169.063
169.063
(169,063)
707,944
Support C05t5
Total expendlture 2024
Total expenditure 2023
The total expenditure £875,518 was unrestricted 12023: £707,944) and £ Nil 1202 3.. £Nil) was
restricted.
Analysis of expenditure Iprior year)
875,518
707.944
875,518
707.944
Charitable
acrivities
Support
costs
2023 Total
Staff costs (Note 8)
Direct cost
Actlvity expenses
Travelli ng and seminars
Support costs
Rent and rate5
Light and heat
Insurance
Repairs and renewals
Telephone
Computer & website
Printi ng, postage and stationery
Bank and credit card charges
General expenses
Independent examiner fees
Bookkeeplng & accountancy
Subscri ption
Legal and professional fees
83.147
43.330
126,477
486,875
18,606
486.875
18.606
6,109
2.459
27.322
2,770
4,471
6,170
489
4,813
1.479
3,000
6.907
630
9.367
119.316
(119.316)
6,109
2.459
27.322
2.770
4,471
6.170
489
4.813
1,479
3,000
6.907
630
9,367
707,944
588.628
119.316
707.944
Support costs
Total expenditure 2023
707,944

Habonirn Dror
Notes to the financial statements
For the year ended 31 August 2024
Net incoming resources for the year
Thi5 15 stated after charging / crediting:
2024
2023
Depreciation
Independent examiners, remuneration lexcluding VAT):
Independeni examination
Foreign exchange gains or losses
9,605
2,500
(241>
2,500
Analysls of staff costs, trustee remuneratlon and expenses, and the cost of key
management personnel
Staff costs were as follows-
2024
2023
Salaries and wages
Soclal security costs
Employer's contribution to defined pension schemes
Other staff cost reversed
Staff training and recruitment
129,579
5,311
2,715
(2.317)
2,503
119,867
4,085
2.465
60
137.791
126.477
National minimum wage compensation
100,200
237,991
126,477
No employee earned more than £60,000 during the year (2023: nil).
The total employee benefits including pension and national insurance contributions of the key
management personnel were £47.614 {2023.' £42,417) and national minimum wages
conpensation of the key management personnel was £7,90012023: Nil) .
The charity trustees were noi paid or received any other benefits from employment with the
charity in the year 12023: nil) neither were they reimbursed expenses during the year (2023:
nll). No charity trustee received payment for professional or other services supplied to the
charity (2023= nil}.
Exceptional items
During the year, as part of governance processes the charity conducted a legal review of its
employment contracts which identified a legacy technical breach of the mlnlmum wage
guidelines. The charity had settled all amounts due to those current and former employees
impacted as well as any tax liabilities due to HMRC and was satisfied that this matter had been
resolved satisfactorily in line with the minimum wage guidelines. There are no further
implicati ons for the charity or its future accounts.
Staff numbers
The average number of employees during the year was as follows:
2024
No.
2023
No.
Activity workers
Administration and support

Habonim Dror
Notes to the financial statements
For the year ended 31 August 2024
l O Related party transactions
There are no donation5 from related parties which are outside the normal course of business
and no restricted donations from related parties.
I l Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is
applied for charitable purposes.
12 Tanglble flxed assets
Fixtu res,
Fittings &
Equipment
Freehold
property
Total
Cost
At the 51art of rhe year
Additions in year
Disp05als in year
1.282.500
4,554 1,287,054
33,864
33,864
At the end of the year
1,282.500
38,418 1.320,918
Depreciation
At the start of the year
Charge for the year
Eliminated on disposal
9,605
9.605
At the end of the year
Net book value
At the end of the year
9,605
9,605
1,282.500
28.813 1,311,313
At the start of the year
1,282,500
4,554
1,287,054
The freehold property comprises land and buildings including subsequent lrnprovements to
the property. Depreciation is not charged on the land element, which is instead subject to
Impairment review. No depreciation charge is made against the building and improvement5 a5
it is considered that the residual value of these is at least as great as the carrying value and
not materially different to cost.
All of the above assets are used for charitable purposes.
13 Cash at Bank and In hand
Included in the bank balance are the proceeds from the sale of the Manchester property which
inflates the perceived working capital. We continue to monitor and assess the opportunities in
Manchester and in due course wlll take a view on a replacement property or otherwise.

Habonim Dror
Notes to the financial statements
For the year ended 31 August 2024
14 Debtors
2024
2023
Activity debtors
Other debtors
Prepayments
Accrued income
94.402
14
17,924
16.857
86,113
36,018
28,055
129,197
150,201
15 Credltors: amounts falling due wlthln one year
2024
2023
Activity creditors
Other creditors and accruals
Bounce back loan due within one year
Deferred income
51,073
78,163
i 0,000
60,000
24,795
68,860
i 0,000
199,236
103.655
Deferred income includes a grant funding exclusively for the purposes of acquiring.
maintaining and upkeeping costs associated with the charity's properties.
16 Credltors: amounts falllng due after one year
2024
2023
Bounce back loan due after one year
15,833
25,756
15,833
25,756
20

Habonim Dror
Notes to the financlal statements
For the year ended 31 August 2024
17 Analysis of net asset5 between fund5
General
unrestricted Endowment
Restricted Total funds
Tangible fixed asset5
Current assets
Creditors
1,076,313
882,769
(215,069)
235,000
33,327
1.311,313
916.096
{215,069)
Net as5et5 at the end of the year
1,744,013
268.327
2,012,340
Unreali5ed gains Included in tangible fixed assets:
Ai the start of the year
17,005
117005
At the end of the year
117005
117005
18 Movements in funds
Incoming
At the start resources &
of the year
gains
Outgoing
resources &
losses
At the end
Transfers of the year
Endowment funds:
268,327
268,327
Total Endowment
funds
268,327
268,327
Unrestrlcted funds:
Propertie5
General fund5
1.282,500
550,976
1,282,500
461.513
886,255
(975,718)
Total unrestricted
1,833.476
886,255
(975,718)
1,744,013
Total funds
2,101,803
886.255
(975,718)
2,012,340
Endowment funds are specific funds provlded to the charity following the disposal of a
property several years ago.
21

Habonim Dror
Notes to the financial statements
For the year ended 31 August 2024
19 Reconclllatlon of net Income l (expendlrure) ro net cash flow from operatlng activities
2024
2023
Net Income l (expendlture) for the reporting period
(as per the statement of financial activities)
Depreciation charges
(Increase)Idecrease in debtors
Increasel(decrease) i n creditors
189,463>
965
9,605.00
21,004.00
95,580.96
(98,168)
25,776
Net cash provided by l (used in) operating activities
36,727
(71,427)
20 Analysis of cash and cash equivalents
At I
September
2023
At31
August
2024
Other
changes
Cash flows
Cash in hand
793.959
(7,060>
786,899
Total cash and cash equivalents
793.959
(7,060)
786,899
21 Legal statu5 of the charity
The charity is a company limited by guarantee and ha5 no share capital. The liability of each
member in the event of winding up is limited to £1.
22

Habonlm Dror
Notes to the flnanclal Statements
For the year ended 31 August 2024
Summary analysls of prevlous reportlng perlod
22 (a) Analysi5 of net a55ets between fund5 12023)
Unrestricted Endowment
Funds
Fund s Toial funds
Tang Ible fixed assets
Current assets
Creditors amounts falling due within one year
,076.313
882J69
1215,069)
235,000
33.327
1,311,313
916,096
1215,069)
Net asset5 at the end of rhe year
.744.013
268,327
2,012,340
Unrea115ed galn5 Included in tangible fixed assets:
At the start of the year
117,005
At the end of the year
117005
(b) Movement5 In funds (2023)
Incoming
At the start resources &
of the year
gains
Outgoing
resources &
losses
At the end
of the year
Transfers
Endowment funds:
268.327
268,327
Toral Endowment funds
268.327
268,327
Unrestrltted funds:
Revaluation reserve
117,005
117,005
General funds
.715.506
708,909
(707,944)
1.716,471
Total unrestricted funds
,832.511
708,909
(707,944)
1.833,476
Total funds
2.100.838
708.909
(707.9441
2.101,803
23