2020-12-31-accounts - British Friends Of Kishorit

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

British Friends of Kishorit

Charity Accounts For the Year ended 31 December 2020

British Friends of Kishori#

----- Start of picture text -----
|||||| |---|---|---|---|---| |Contents:| |Aa| |Page| |Reference and administrative|details|of the charitv.|its trustees and advisros|=| |Trustees’ Report|od| |ndevendent|Examiner's Report|4| |‘meome and|Expenditure Account|6| |Balance Sheet|Uy| |Notes|to the Financial Statements|8|

----- End of picture text -----

Pe We

British Friends of Kishorit

Reference and administrative details of the charity, its trustees and advisors “or the vear ended 31 December 2020 a Charity number 1089108 Charity address 4 Firecrest Drive London NW3 78a Trustees F Franklin R Gote D Haze> R Cs A Podtjse: S Bloom (passed away 28 July 202+: Independent examiners Harris & Trotter LLP Chartered Accountants 64 New Cavendish Street London W1G 8TB

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |British|Friends|of Kishorit| |Trustees'|Report| |For the|year ended|31|December 2020| |7H trustees present their statutory report of the|British|Friends of Kishorit for the year ended 31 December 2020.| |Objectives|and Activities|of the Trust| |The British Friends of Kishorit is established|by a deed of trust, dated 25 May 2001 and|is registered under the Charity Act 2011, charity Registration No 1089108.| |The trust was set up to assist children and adults in|Israel who have special needs resulting from|inter alia; development|retardation problems;|learning disabilities:| |and emotional and behavioural problems and in particular those residents at Kishor Village.| |The trust deed gives the trustees the power to apply the funds in such a manner as they think will further the obiects of the charit:| |Structure, Governance and Management| |The following trustees have held|office during the year are:| |F|Franktiz.| |R|Goian| |D|Hazan| |R|Coe| |A|Podrjski| |S|Bloom|(passed|away 28|July 2021)| |A requirement for new trustees was identified and appropriate individuals|appointed by the existing trustees. The chair of trustees|is responsible for the induction|of| |mew trustees which involves awareness of a trustee’s|responsibilities,|the history and the administrative procedures of the charity.| |The trustees annually review the|risks that the charity faces. The best ways to mitigate these|risks are then put into|place.| |Achievements|and|Performance| |The net movements|in funds for the year amounted|to £7,139 — (2019|- £(331)).| |During the year,|British|Friends of Kishorit have raised funds for the general objectives of the charity.| |Grant Making|Policy| |To assist children and adults|in Israel who have special needs resulting from inter alia; development retardation|problems; learning|disabilities; and emotional and| |behavioural problems and|in particular those residents in|Kishor|Village| |Reserves|Policy| |Except for such funds as the trustees consider prudent to maintain for the purposes of management and administration|of the charity for the foreseeable future,|all| |unrestricted funds are used for the purpose of|general|charitable|objects of the charity.| |The adequacy of the reserves|is reviewed|annually.| |Trustees’|Responsibilities|Statement| |The trustees are responsible for preparing the Annual Report and the financial statements|in accordance with applicable law and regulations.| |The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial|year in accordance with United Kingdom| |Generally Accepted Accounting Practice|(United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements|unless| |they are satisfied that they 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.| |'n|preparing these financial|statements,|the trustees are|required|to:| |a) select suitable|accounting|policies and apply them consistently;| |b) observe the methods and principles|in the|Charities SORP:| |c) make judgments and accounting estimates that are reasonable and prudent;| |d) state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained|in the financial statements;| |e) prepare the financial statements on the going concern|basis unless it|is inappropriate to presume that the charity will continue to operate.| |The trustees are responsible for keeping sufficient 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, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the| |trust deed. 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| |Approved by the trustees and signed on their behalf by:| |R|Coe| |Date:|1|October|2021| |Fe|

----- End of picture text -----

----- Start of picture text -----
g@,| CHARITY COMMISSION | Independent examiner's report on the |
ea} FOR ENGLAND AND WALES accounts
: Section A Independent Examiner’s Report
Report Peer
tothe trustees/ {| _ ‘ a
members of | British Friends of Kishorit |
On accounts for theended year || 31 December 2020 | Charity(if any) no | 1089108
Set out on pages| 1-2 |
| report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31 / 12/2020.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the
basis of report accounts in accordance with the requirements of the Charities Act 2011
(‘the Act”).
| report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, |
have followed ail the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
Independent | have completed my examination. | confirm that no material matters have
examiner's statement come to my attention in connection with the examination which gives me
cause to believe that in, any material respect:
e the accounting records were not kept in accordance with section 130
of the Charities Act: or
----- End of picture text -----

the accounts did not accord with the accounting records; or
e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
| 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.

----- Start of picture text -----
Name: | Daniel Korn ACA
Relevant professional | Chartered Accountant
qualification(s) or body
(if any): |
----- End of picture text -----

----- Start of picture text -----
Address: | Harris & Trotter LLP
| 64 New Cavendish Street
London W1G 8TB
IER
~ he Oct 2018
----- End of picture text -----

Section B

Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

IER

Oct 2048

British Friends of Kishorit

Statement of Financial Activities far the Year ended 31 December 2020

----- Start of picture text -----
een
£ 2020 2020 2020 2019
€ £ £ £ £ £ 3
Unrestricted Restricted Total Unrestricted
INCOME
Donations and arants 105.207 - 105.207 133.082
interest recelyvad 2 = eee ere oo ns Ey
EXPENDITURE 105.207 - 105.207 433,089
Service charae
BankDirect charitable expenditure 57.283 40.717 98.000 133.000>
charaes 68 - 68 429
(57,351) (40.717) (98,068) (133,420)
Net movement in funds 47,856 (40,717) 7,139 (331)
Salance brought forward 862 - 862 1.193
Transfer of funds (40,717) 40.717 - -
ACCUMULATED FUND CARRIED FORWARD 8,001 - 8,001 862
eee —— — ——
----- End of picture text -----

BS eS

Sritish Friends of Kishorit

Balence Sheet As at 31 December 2020

----- Start of picture text -----
TTT
2020 2019
£ £ £ £
Current Assets
Cash at bank 8.001 862
8,001 862
Net current assets 8,001 862,
Unrestricted general funds
Unrestricted funds 8,001 862
The financial statements on pages 5 to 7 were approved by the Trustees on 1 October 2021 and signed on their behalf by:
----- End of picture text -----

R Coe

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |British|Friends of Kishorit| |Notes|to|the|Accounts| |For the|year ended|31|December 2020| |i| |1|Accounting|policies| |(a)|The financial statements have been prepared in accordance with the Statement of Recommended|Practice: Accounting and Reporting by Charities| |preparing their accounts in accordance with the Financial|Reporting Standard applicable|in the UK and|Republic of Ireland|(FRS 102) issued on 16 July 2014| |and the|Financial Reporting Standard|applicable|in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally| |Accented|Practice|as|it|applies from|1 January|2015.| |the financial statements have been|prepared to give a|‘true and|fair’ view and have departed from the Charities|(Accounts and|Reports) Regulations 2008| |oniv to the extent required to provide a ‘true and fair view’.|This departure|has involved following Accounting|and Reporting by Charities preparing their| |accounts in accordance with the Financial|Reporting Standard|applicable|in the UK and|Republic of Ireland|(FRS 102) issued on|16 July 2014 rather than the| |Accounting and|Reporting|by Charities:|Statement|of Recommended|Practice effective from|1 April|2005 which|has since been|withdrawn.| |The|charity meets the|definition|of a|public|benefit|entity under FRS102.| |(b)|Income from|donations and grants|is included|in|incoming|resources when these are receivabie.| |(c)|Interest receivable|is included when|receivabie by the charity.| |(d)|Resources|expended are included|in the Statement of Financial|Activities|on an|accruals|basis,|inclusive of any VAT which|cannot be recovered.| |2|Grants made and Accumulated|Funds| |All Direct Charitable|Expenditure|in the year comprises donations to|Kishorit,|a company registered|in|Israel for the public benefit, established for the| |running|of|Kishor Village.| |The fund|is to be applied for the objects of the trust which are mainly for assisting|adults and children|at Kishor|Village.| |The|funds|held|at the year|end|are|all|unrestricted.| |3|Other costs| |No trustee received any remuneration or any other benefit from the charity during the year (2019:|£nil). No trustee received any expenses from the charity| |during|the year (2019:|£nil).|

----- End of picture text -----