DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Trustees, Report and Unaudited Accounts For the year ended 31 August 2025 Charity number 1088803 Company registration number 4273482
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Contents Page: Legal and administrative information Report of the Trustees Report of the Independent Examiner Statement of financial activities Balance sheet io Statement of cash flows 11-22 Note forming part of the financial statements
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror For the year ended 31 August 2025 Legal and administrative information Trustees/Directors: Anthony Ashworth-steen Gary Sakol Adam Wagner Hannah Weisfeld Karen Ackerman (appointed on 12 May 20251 Fiona Blakey lappointed on 12 May 20251 Dr Tessa Davis lappointed on 12 May 20251 Harrison Engler lappointed on 12 May 20251 David Russell (appointed on 12 May 202SI Jonathan Synett (appointed on 12 May 20251 Antony Berg (resigned on 23 May 20251 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 examiner.. Anthony Epton Goldwins Limited 75 Maygrove Road West Hampstead London NW6 2EG
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Report of the Trustees For the year ended 31 August 2025 The Trustees are pleased to present their annual report and financial statements of Habonim Dror for the year ended 31 August 2025. 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 effective l January 2015. Structure* governance and management The Charity is a company limited by a guarantee. The Memk)ers of the Charity are the Trustees. In the event of the Charity being wound up the liability in respect 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 Gary Sakol Adam Wagner Hannah Weisfeld Karen Ackerman lappointed on 12 May 20251 Fiona Blakey lappointed on 12 May 20251 Dr Tessa Davis lappointed on 12 May 20251 Harrison Engler lappointed on 12 May 20251 David Russell (appointed on 12 May 20251 Jonathan Synett (appointed on 12 May 20251 Antony Berg (resigned on 23 May 20251 Trustees are recruited as and when necessary. The Board are mindful of their requirements to undertake necessary and relevant training. The management 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 Charivs employees. Objectives and activities The Charity's objectives are to educate Jewish young people especially, but not exclusively, through leisure time activities in the UK and abroad, so to develop their physical, mental, social 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 occupation 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 for the furtherance of the Charity's objects and there has been no change in these durinE 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 social issues in British and Israeli society and educates them about the core values of leadership. Habonim Dror engages 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 Commission in decidinE what activities the charity should undertake. The Charity is indebted to its long list of volunteers who help with all activities. Each year. there are over 100 volunteer leaders for summer camps and weekly activities. The monetary value of their efforts Is difficult to calculate but would exceed £lOO,000. Without them the Charity would not exist.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Report of the Trustees For the year ended 31 August 2025 Artivities and performan The Charity is pleased to report a successful year for its activities, Wlth summer participants at its highest for 15 years. We received strong feedback from both participants and parents on the quality of the camps including our programming and organisation. We anticipate a further strong summer in 2026 with high signups post launch. Faced with a shifting operational landscape, the Charity remained resilient, adapting its programming to ensure no loss of impact. We are proud to have delivered high-calibre programmes for all ages, with several areas of our work outperforming original projections. A particular highlight is our residential summer activities. This includes our annual leadership training residential seminar, where we train over go leaders during ten intensive days, providing high quality leadership training and education. This included Safeguarding training lour leaders are also DBS checked), basic First aid and 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 toBether young people from across 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 completed a successful recruitment drive which saw the implementation of a new structure for the Charity's trustees. We are very pleased to now have 10 trustees with specialist remits added, enhancing governance robustness and furthering strategic oversight. The Charity continues to benefit from the expertise and dedication of our team of Trustees who have provided the Charity with high-quality and sensitive oversight and direction and acted with care and skill throughout. Our President, Ruth, Lady Morris of Kenwood continues to take an active interest and provides 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 thanks for the many years of hard work and dedication of Antony Berg, who stepped down from his role of Trustee this year. The Charitv Is extremely grateful for the commitment and support of all the Trustees as well as the staff, volunteers and our incredible Movement Workers.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Report of the Trustees For the year ended 31 August 2025 Financial review Due to changes in programming as a result of the war in Israel, in order to ensure that activities could go ahead this summer, the Charity made the strategic decision to use a portion of its reserves to safeguard programming. Whilst this resulted in a reported operating deficit, we are pleased that the team was able to significantly reduce the expected shortfall thanks to the success of its operational infrastructure and strong programming- The Charity remains financially secure and resilient, with total free reserves of £430,358. The charity also retains tangible fixed assets of property amounting to £1,282,500, and £268,327 in endowment funds. It is the policy of the Charity to target a surplus each year and the Charity has a strong asset position that allows the charity to withstand one-off events. It's the charity's policy that unrestricted funds, which 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 funding, additional funds may be raised. This level of reserves has been maintained as a minimum throughout the year. We are committed to providing our Bursary Scheme to SUPPOrt those who might otherwise be less able to afford to participate in our activities. Our free reseNes include funds from the sale of a property in Manchester and as a result we 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. Publlc Beneflt The Trustees have complied with 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 consistent with the charitable aims of Habonim Dror and is in due regard to the Charity Commission guidelines. ReseNes The Board's resetves policy is to maintain a minimum level of operating costs consistent with the predominant risks to the organisation, specifically a fall in income. The Board has reviewed the current unrestricted reserves of the Charity and considers that the level is sufficient but not excessive. The Charity has unrestricted reserve5 to cover 12 months, operational costs. Rlsk The Trustees have undertaken procedures in order to implement SORP 2019 as it is acknowledged best practice for charities. They have undertaken a risk management process, which outlines the key risks of the Charity. relevant control procedures, responsibilities and future actions to be taken. 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 being reviewed and systems of internal control are being established to manage those risks. It is recognised that systems can only provide reasonable but not absolute assurance that major risks 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.
DoGusign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Report of the Trustees For the year ended 31 August 2025 Trustees, responsibilities 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 with 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 Directors (who are also Trustees for the 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 requires the charity Trustees to prepare financial statements for each year, which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group 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 material departures disclosed and explained in the financial statements,. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the Board of Trustees/Directors and signed on their behalf by: F426134eÈm2A Jonathan Synett TrusteelDirector 2710512026
DoGusign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 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 2025. Responsibilities and basis of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 ACYI. 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 respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying Out my examination I have followed the Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Independent examlnerfs 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 irb respect of the Company as required by section 386 of the 2CM)6 Act,. or 2. the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination,. or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 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. 2710512026 Anthony Epton BA FCA CTA FCIE Goldwins Chartered accountants 75 Maygr¢)ve Road West Hampstead London NW6 2EG
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Statement of flnanclal actlvltles (Incorporatlng an Income and expendlture account) For the ear ended 31 Au ust 2025 2025 2024 Unrestricted Endowment Fund funds Total Fund Total Fund Note Income from.. Donations and legacies Charitable activities Investments Other 25,004 609.631 49.328 25.004 609,631 49.328 19,030 815.500 51,725 Total Income 683.963 683.963 886,255 Expenditure on: Charitable activities Other 715.118 715,118 875.518 Total expenditure 715.118 715.118 875,518 Net Income l (expendlture) for the year 131 1551 (31,155) 10,737 Exceptional items 1100,2001 Transfers between funds Net Income l (expendlture) before other recognlsed galns and losses 131 1551 (31,155) 189,4631 Net movement In funds 131 1551 (31.155) 189,4631 Reconclllatlon of funds: Total funds brought foNard 1,744,013 268,327 2.012.340 2,101,803 Total funds carried forward 1,712,858 268,327 1.981.185 2,012,340 All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disc105ed in Notes to the financial 5tatemeNts.
DoGusign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Balance sheet Company no. 4273482 Asat31Au ust 2025 2025 2024 Note Fixed a55ets= Tangible assets 1.301,708 1.311,313 1.301,708 1,311,313 Current assets: Debtors Cash at bank and in hand 113,988 784,086 129,197 786.899 898,074 916,096 Liabilities.. Creditors.. amounts falling due within one year 15 1212.874> 1199,2361 Net current assets 685.200 716.860 Total assets less current Ilabllltles 1.986,908 2,028,173 Creditors". amounts falling due after one year 16 (5.7231 (15,8331 Total net assets .981,185 2.012,340 The funds of the charlty.. Endowment funds Unrestricted funds.. Properties General funds 268.327 268,327 1,282.500 430,358 1,282,500 461,513 Total unrestricted funds 1.712,858 1,744,013 Total charity funds 1.981,185 2,012.340 The Trusiees consider that the company is entiiled 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 Art. The Trustees acknowledge their responsibilities for complying with the reqLJirements 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 compaNie5 regime within Part 15 of the Companies Act 2006 and in accordance with Accounting and Reporting by Charities.. Statement of RecorNrNended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102 effective l January 20151. 2710512026 Approved by the trustees on and signed on their behalf by 1346È an Trustee ynett
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Statement of cash flows For the ar ended 31 Au ust 2025 Note 2025 2024 Cash flows from operatlng actlvltles Net cash provided by l (used in) operating activitie5 18 7,297 36.727 Cash flows from Investlng actlvltles.. Purchase of fixed assets 133,8641 Net cash provided by l (used in) investing activities 133,8641 Cash flows from flnanclng artlvltles.. Repayments of borrowing Cash inflows from new borrowing Receipt of endowment {10.1 10) 19,9231 Net cash provided by l (used in) financing activities iio.I 10) 19.9231 Change in cash and cash equivalents in the year 12.813) 17,0601 Cash and cash equivalents at the beginning of the year 786,899 793,959 Cash and cash equlvalents at the end of the year 784,086 786.899
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financial statements For the ear ended 31 Au ust 2025 Accounting policies a) Basls of preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5.' 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 IFRS 102 effective l January 20151- Icharities 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) Going 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 sources 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 recognised 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, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it 15 probable that the income will be received and the amount can be measured reliably and is not deferred. For legacies, entitlement is taken as the earlier 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 executorlsl 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 is a treated as a contingent asset and disclosed if material. Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met. d) Donations of gifts. 5ervice5 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 1021, 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 facilities are recognised on the basis of the value of the gift to the charity whiih is the amount the charity would have been willing 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 receipt. e) Interest recelvable Interest on funds held on deposit 15 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.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financial statements For the ear ended 31 Au ust 2025 l Accounting policies (continued) ft 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 funds 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 fund5 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 party, 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 heading5'. Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activitie5 Wlth a fundraising purpose. Expenditure on charitable activities includes the costs of delivering services. undertaken to further the purposes of the chariry 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 Resources expended are allocated to the particular activity where the cost relates directly to that activity. i) Tangible fixed assets Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation. Depreciation is provided at rate5 calculated to write off the c05t of valuation le55 estimated residual 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 Fixtures and Fittings Off ice equipment 4 years 4 years The charity's freehold property comprises land and buildings 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 maintenance programme to prolong the useful life of the property and to ensure that the above policy continues to be appropriate.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financial statements For the ear ended 31 Au ust 2025 Accounting policies (continued) J) Fixed 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 impairment. All gains and 1055es are taken to the Statement of Financial Activities a5 they arise. Reali5ed 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. Prepayments 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 include5 cash and short term highly liquid inve5tmentS Wlth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users. m) Creditors and provisions Creditors and provision5 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 provi5i0ns are normally recognised at their settlement amount after allowing for any trade discounts due. n) Flnanclal Instruments The charity only has financial assets and financial liabilities 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.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financial statements For the ear ended 31 Au ust 2025 2 Detailed comparatives for the statement of financial activities 2024 Total Unrestricted Endowment Income from: Donations and legacies Charitable activities Investments Other 19,030 815,500 51,725 19,030 815,500 51,725 Total income 886,255 886,255 Expenditure on: Raising funds Charitable activities 875,518 875.518 Total expenditure 875.518 875.518 Net income l expenditure before gains l (losses) on Exceptional items 10,737 10,737 Net income l expenditure Transfers between funds 10,737 1100,2001 10,737 1100,2001 Net movement in funds Total funds brought forward 189,4631 1,833,476 189,4631 2,101,803 268,327 Total funds carried forward 1,744,013 268,327 2,012,340
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financial statements For the ear ended 31 Au ust 2025 3 Income from donations and legacies 2025 Total 2024 Total Unrestricted Restricted Donations 25,004 25,004 19.030 25,004 25.004 19,030 4 Income from charitable attivities 2025 Total 2024 Total Unrestricted Restricted Grant income -youth grants -CST for security doors Activity income 63,330 63,330 46.100 15.762 753.638 546.301 546,301 Total income from charitable activities 609.631 609.631 815.500 5 Income from investments 2025 Totsl 2024 Total Unrestricted Restricted Rental income Investment income 25.151 24,177 25.151 24.177 25,173 26,552 49,328 49,328 51,725
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonlm Dror Notes to the financial Statements For the ear ended 31 Au U5t 2025 6 Analysis of expenditure Charltable activitie5 Support costs 2025 Total 2024 Total Staff costs (Note 8) Direct cost Aitivity expenses Travelling and seminars Support costs Rent and rates Lighi and heat Insurance Repairs and renewals Telephone Computer & website Printing, postage and Stationery Bank and credit card charges General expenses Independeni examiner fees Bookkeeping & accountancy Subscription Legal and professional fees Loan interest Depreciaiion Bad debt provision Exchange rate variance 83,233 62.024 145.2S7 137.791 467,848 10,261 467.848 10.261 611,099 10,283 2,320 4,190 32,224 2.320 4.190 32.224 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 12411 875,518 4.492 4,961 1,313 4,436 7,745 3,000 5,863 595 2,636 420 9,605 7,952 4,492 4.961 .313 4.436 7,745 3.000 5.863 595 2.636 420 9.605 7.952 561,342 153,776 153,776 1153,7761 715.118 Support costs Total expendlture 2025 Total expenditure 2024 715.118 875,518 715.118 875.518 The total expenditure £715, 118 wa5 unrestricted 12024.. £875, 5181 and £Nil 12024.. £Nill was restricted. Analysis of expendlture {prlor yearl Charitable activities Support cost5 2024 Total Staff costs (Note 8) Direct cost Activity expenses Travelling and seminars Support costs Reni and raies Light and heat Insurance Repairs and renewals Telephone Computer & website Printing, postage and stationery Bank and credit card charges General expenses Independent examiner fees Bookkeeping & accountancy Subscription Legal and professional fees Loan interest Depreciation Bad debt provision Exchange rate variance 85,314 52.477 137,791 611,099 10,283 611,099 10.283 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 12411 875,518 12411 706,455 169,063 875,518 169,063 1169,0631 Support cosrs Total expenditure 2024 875,518
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financlal statements For the year ended 31 August 2025 Net incoming resources for the year This is stated after charging I crediting= 2025 2024 Depreciation Independent examiners, remuneration {excluding VAT).. Independent examination Foreign exchange gains or losses 9,605 9,605 2.500 2,500 12411 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel Staff costs were as follows= 2025 2024 Salaries and wages Social security costs Employer's contribution to defined pension schemes Other staff cost reversed Staff training and recruitment 129,862 6.836 2.747 129,579 5,311 2,715 12,3171 2,503 5.812 145,257 137.791 National minimum wage compensation 100,200 145.257 237,991 No employee earned more than £60,000 during the year12024.' nil). The total employee benefits including pension and national insurance contributions of the key management personnel were £51,521 12024.. £47,614). The charity trustees were not paid or received any other benefits from employment with the charity in the year 12024.. nil) neither were they reimbursed expenses during the year 12024.. nill. No charity trustee received payment for professional or other services supplied to the charity12024.' nill. Staff numbers The average number of employees during the year was as follows.. 2025 No. 2024 No. Activity workers Administration and support
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financlal statements For the year ended 31 August 2025 l O Related party transactions There are no donations 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 Tangible fixed assets Fixtures, Fittings & Equipment Freehold property Total Cost At the Start of the year Additions in year Disposals in year 1,282,500 38,418 1.320.918 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 di5POsal 9,605 9.605 9.605 9.605 At the end of the year Net book value At the end of the year 19,210 19.210 1.282,500 19.208 1.301.708 At the start of the year 1,282,500 28,813 1,311,313 The freehold property comprises land and buildings 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. All of the above assets are used for charitable purpose5. 13 Cash at Bank and in hand Included in the bank balance are the proceeds f rom 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 will take a view on a replacement property or othenNi5e.
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financlal statements For the year ended 31 August 2025 14 Debtors 2025 2024 Activity debtors Other debtors Prepayments Accrued income 57.304 2.784 22.707 31.193 94,402 17,924 16,857 113,988 129,197 15 Credltors: amounts falllng due wlthln one year 2025 2024 Activity creditors Other creditors and accruals Bounce back loan due within one year Deferred income 15.904 126.103 io.000 60.867 51,073 78,163 i 0,000 60,000 212,874 199,236 Deferred income includes fu nding received exclusively for the purposes of acquiring, maintaining, and covering upkeep cost5 associated with the charity's properties. 16 Creditors: amounts falling due after one year 2025 2024 Bounce back loan due after one year 5.723 15,833 5.723 15,833
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financlal statements For the year ended 31 August 2025 17 Analysis of net assets between funds General unrestricted Endowment Restricted Total funds Tangible fixed assets Current assets Creditors 1.066.708 864,747 1218,5971 235.000 33,327 1,301,708 898,074 (218.597) Net assets at the end of the year 1.712.858 268.327 1.981.185 Unrealised gains included in tangible fixed assets: At the start of the year 117,005 117005 At the end of the year 117005 117005 18 Movements in funds Incoming At the start resources & of the year gains Ourgoing resources & losses At the end Transfers of the year Endowment funds: 268,327 268.327 Total Endowment funds 268,327 268.327 Unrestrirted funds.. Properties General funds 1,282,500 461,513 1,282,500 430.358 683,963 1715,1181 Total unrestrlcted 1,744,013 683,963 (715,118) 1,712,858 Total funds 2.012.340 683.963 1715.118) 1.981.185 Endowment funds are specific f unds provided to the charity following the disposal of a property several years ago. 20
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonim Dror Notes to the financlal statements For the year ended 31 August 2025 19 Reconclllatlon of net Income l (expendlture) to net cash flow from operatlng actlvltles 2025 2024 Net income l (expenditure) for the reporting period {as per the statement of financial activities) Depreciation charges Ilncreaselldecrease in debtors Increaselldecreasel in creditors (31.155) 189,4631 9.605 15.209 13.638 9,605 21,004 95,581 Net cash provided by / (used in) operating activities 7.297 36.727 20 Analysls of cash and cash equlvalents Atl September 2024 At31 August 2025 Other changes Cash flows Cash in hand 786.899 12,8131 784,086 Total cash and cash equivalents 786,899 12,8131 784,086 21 Legal status of the charlty The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. 21
DoGUSign Envelope ID." 1469197&7EC1.834F.827F_DDE5F5E11701 Habonlm Dror Notes to the flnanclal statements For the year ended 31 August 2025 Summary analysls of prevlous reportlng perlod 22 (a) Analysls of net assets between funds12024) Unrestricted Endowment Funds Funds Total funds Tangible fixed assers Current assers Creditors amounts falling due within one year 1.076,313 882,769 1215,0691 235,000 33,327 1,311.313 916.096 1215.0691 Net assets at the end of the year 1,744,013 268,327 2,012,340 Unreallsed galns Included In tanglble flxed assets. At the start of the year 117,005 At the end of the year Ibl Movements in funds (20241 Incoming At the starr resources & of the year gains Outgoing resources & losses At the end of the year Transfers Endowment funds: 268.327 268.327 Total Endowment funds 268,327 268.327 Unrestricted funds.. Properties 1,282,500 1,282.500 General funds 550,976 886,255 1975,7181 461,513 Total unrestrlcted funds 1,833.476 886,255 1975,7181 1,744.013 Total funds 2,101,803 886,255 1975,7181 2,012.340 22