.
British Friends of Kishorit
Charity Accounts
For the Year ended 31 December 2021
British Friends of Kishorit
Contents
| Page | |
|---|---|
| Reference and administrative details of the charity, its trustees and advisors | 2 |
| Trustees' Report | 3 |
| Independent Examiner's Report | 5 |
| Income and Expenditure Account | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 |
- 1 -
British Friends of Kishorit
Reference and administrative details of the charity, its trustees and advisors For the Year ended 31 December 2021
Charity number 1089108 Charity address 4 Firecrest Drive London NW3 7ND Trustees F Franklin R Golan D Hazan R Coe A Podrojski S Bloom (passed away 28 July 2021) Independent examiners Harris & Trotter LLP Chartered Accountants 64 New Cavendish Street London W1G 8TB
- 2 -
British Friends of Kishorit
Trustees' Report For the Year ended 31 December 2021
The trustees present their statutory report of the British Friends of Kishorit for the year ended 31 December 2021.
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 objects of the charity.
Structure, Governance and Management
The following trustees have held office during the year are:
F Franklin R Golan D Hazan R Coe A Podrojski S Bloom (passed away 28 July 2021)
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 £4,221 – (2020 ‐ £7,139).
During the year, British Friends of Kishorit have raised funds for the general objectives of the charity.
The closing reserves at the year end amounted to £12,222 (2020: £8,001) which are all unrestricted funds.
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.
- 3 -
Brttlsh Frl•nds ol Kl#horit Tru8ts•8' R•port leontinuedl British Friends of Kishorlt Trustees, Responslbilitses StatsmÈnt The trusteÈs are responsible for preparingthe Annual Report and the financial statements in accordarKe with applicable law and regulations. The law appliiable to charthes in England & Wales requires the twstees to prepare financial ststements for each financial year in accordance with United Kingdom Generèlly Accepted AccountFng Practice (United Kingdom Accounting Standards and applicable lawl. The trustees must not approve the financial statements unless they are satisfied thatthey give a true and fair view of the st8te of affairs of the charity and of the incoming re50urce5 and application of resources. includingthe income and expenditure. of the charity for thai period. In preparing these finala1 stateme1. the trustees are required to= al Select 5Ultable accounung policies and applythem consisrentlv.. bl observe the methods and prineipie5 in the Charities SORP- cl make judgrnents and accounting estimates that are reasonable and prudent- dl state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.. el prepare the financial statements on the goingconcern basL5 unless it is inappropriate to presume that the charity will continue to operate. The trttstees are respoftsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to efi$u that the financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulation5 21Q8 and the provisions ofthe trust deed. They are also responsible Approved bythe trustees and signed on their behalf by.. Rcoe Date..
CHARITY (OMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report lo the trusteo81 memb8rs of Brttish Friends of Kishorit On accounts for the year ended 31 December 2021 Charity no (If any 1089108 Sot out on pag•s I report to the trustees on my examination of the accounts of the above charity (Yhe Trust") for the year ended 3111212021. Responslbilitias and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan¢e with Ihe requirements of the Charities Act 2011 {'the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination. I have followed all the applicable Directions given by the Charty Comrnission under section 14515)(b) of the Act. Independent I have completed my examination. l confimi that no material matters have examinerf8 statement come lo my attention in connedion with the examination {other than that disclosed below ') which gives me cause to beliève that in, any material respect.. the ac¢ounting CordS were not kept in a¢¢ordance with section 130 of thé Charities Act., or the accounts did not accord with the accounting records,. or the acGounts did not comply with the applicable requirements conceming the fomi 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 mattér considered 8s part of an independenl examination. I have no conce s and have come across no other matters in connection with the ex tion to which attention should be drawn in this reFOrt in ordèr to e a proper understanding of the a¢counts to be reached. Signed: Dats: 0210812022 Name: Neville Newman Relevant professional qualification(s} or body Chartered Accountant Address: Harris & Trotter LLP 64 New Cavendish Street London, W1G 8TB
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).
Give here brief details of any items that the examiner wishes to disclose .
6
British Friends of Kishorit
Statement of Financial Activities For the Year ended 31 December 2021
| INCOME Donations and grants Interest received EXPENDITURE Donations paid Advertising Financial expenses Event meeting wih supporters Bank charges Net movement in funds Balance brought forward Transfer of funds ACCUMULATED FUND CARRIED FORWARD |
£ £ 41,953 2 41,955 35,000 193 108 2,398 35 (37,734) 4,221 8,001 - 12,222 2021 Unrestricted |
£ £ 105,207 - 105,207 98,000 - - - 68 (98,068) 7,139 862 - 8,001 2020 Unrestricted |
£ £ 105,207 - 105,207 98,000 - - - 68 (98,068) 7,139 862 - 8,001 2020 Unrestricted |
|---|---|---|---|
| 35,000 193 108 2,398 35 |
98,000 - - - 68 |
||
| 7,139 862 - |
|||
| 8,001 |
- 7 -
Brftlsh Friends of Klthortt Balan¢e Sho•t A¥ at 31 tlecember 2021 2021 2020 CuThent Assets Cash at bank Grfl aid debtor 6.097 6.125 8.LXJ1 11222 8,tQ1 12.222 8.001 Unrestrtcted general funds UnrestriGteil fun¢J$ 12,222 8,001 The frnanoal statements on pa9Ès 7 to 9wer& approved by the TrLtstees on ....... . .... and signed ¢)n the5r tRhalf by.. Rcoe
British Friends of Kishorit
Notes to the Accounts For the Year ended 31 December 2021
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) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only 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) published in October 2019 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 receivable.
-
(c) Interest receivable is included when received 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 (2020: £nil). No trustee received any expenses from the charity during the year (2020: £nil).
- 9 -