Charity registration number 1095850
THE ERNEST HECHT CHARITABLE FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE ERNEST HECHT CHARITABLE FOUNDATION
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Ms B Jungr
Mr R Ward
Mr B Barkow
Charity number
1095850
Independent examiner
Glazers
843 Finchley Road
London
NW118NA

THE ERNEST HECHT CHARITABLE FOUNDATION
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balan￿ sheet
Notes to the financial statements
7-14

THE ERNEST HECHT CHARITABLE FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual report and financial statements for the year ended 31 December 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 110 the accounts and
comply with the charity's governing document, the Charities Act 2011 and Reporting by Charities; Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard for Smaller Entities published in July 2014.
Objectives and activities
The charity's objects are to raise and distribute funds for the following purposes.,
The advancement of education, the relief of poverty and the advan￿rnent of religion with the primary object of
providing help to a variety of disadvantaged people in need of support, including the mentally and physically
disabled and the aged, to help them live a full and satisfying life in the community.
The charity carries out these objectives by making grants to charities in the sectors of advancement of education.
sports, the arts, and towards the relief of poverty and advancement of religion throughout England and Wale5, and
there has been no change in these policies during the year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
The trustees have continued to 5UPPOrt a wide range of charities by awarding grants that benefil the disadvantaged
and promote the advancement of the arts and education.
Achievements and performance
The trustees are confident that their activities as detailed above in 2022 have 'made a difference" to the vulnerable,
young and elderly.
Financial review
The transactions and financial position of the Charity are as set out in the attached financial statements and in the
opinion of the trustees the slate of the Charity's affairs is satisfactory.
It is the policy of the trustees to maintain reserves at an adequate level in order to meet the cost of management, to
meet agreed commitments for grants and to be able to respond to additional requests for assistance as received.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in
place to mitigate exposure to the major risks.
Structure, governance and management
The charity was established by a charitable trust deed dated 18 November 2002.
The trustees who seNed during Ihe year were..
Ms B Jungr
Mr R Ward
Mr B Barkow
Trustees are appointed in accordance with the Charity's trust deed, A new trustee may be appointed by a resolution
of the trustees recorded in the minutes and signed by a trustee.

THE ERNEST HECHT CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Application5 a￿ made to the Charity using an application fom available on its website. The applications are
summarised and circulated to the trustees monthly. The trustees meet quarterly to agree which grants should b8
made.
The trustees intend to continue to make grants in the manner described on the Charity Commission's website.
There are no connected charities.
The trustees, report was approved by the Board of Trustees.
/1
MsBJun
Trustee
Mr R Ward
Trustee

THE ERNEST HECHT CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE ERNEST HECHT CHARITABLE FOUNDATION
I report to the trustees on my examination of the financial statements of The Ernest Hecht Charitable Foundation
(the charity) for the year ended 31 De￿rnber 2023.
Responsibilities and basi5 of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011 (the 2011 Act)-
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 14515)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordan￿ with 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) in preference to the Accounting and Reporting by Charities: Statement
of Recommended PractlGe issued on 1 April 2005 which is referred to in Ihe extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in a¢cordance
with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. l confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act,. or
the financial statements do not accord with those records. or
the financial statements do nol comply with the applicable requirements concerning the fom and content of
accounts set out in the Charities (A¢¢ounts 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.
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 financial statements to be reached.
Glazers
843 Finchley Road
London
NW118NA

THE ERNEST HECHT CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
Total
funds
2023
2022
Notes
Income from:
Donations and legacies
Investments
200.000
11,074
111,619
Total income
111,619
211.074
enditure on:
Charitable activities
894.219
377,720
Net expenditure for the yearl
Net movement in funds
1782.600) (166.646)
Fund balances at 1 January 2023
5,234,310
5,400,956
Fund balances at 31 December 2023
4.451.710 5,234,310
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

THE ERNEST HECHT CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Investments
11
471.645
612,792
Current assets
Debtors
Cash at bank and in hand
12
780
4,622.423
3.980,490
3.980,490
4,623,203
Credltors: amounts falllng due within
one year
13
(1,200)
(1.680)
Nel currenl assets
3,979.29fi
4,621,523
Total assets less current liabilities
4,450.935
5.234.315
Creditor5: amounts falling due after
more than one year
14
(5)
15)
Nèt assets excludFng penslon liability
4,450.930
5.234,310
Nel assets
4.450.930
5,234.310
The funds of the charity
Unrestricted funds
4,450.930
5.234,310
4.450,930
5.234,310
The financial statements ware approved by the trustees u
Ms B Jungr
Trustee
Mr R Ward
Trustee

THE ERNEST HECHT CHARITABLE FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operating activities
Cash absorbed by operations
18
(894,699)
(177,720)
Investing activities
Proceeds on disposal of investments
Investment income received
177,339
75,427
61.598
32,984
Net cash generated from investing
activities
252.766
94,582
Net Ga5h used in financing activities
Net decrease in cash and cash equivalents
(641,933)
(83,138)
Cash and cash equivalents at teginning of year
4.622.423
4,705,561
Cash and cash equivalents at end of year
3,980.490
4,622,423

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
Charity information
The Efflest Hecht Charilable Foundation is an unincorporated charity, established by a charitable trust dated
18 November 2002, and with a principal address of 843 Finchley Road, London NW11 8NA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document. the
Charities Act 2011 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 (FRS 102)" (as amended for accounting periods commencing
from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial statements 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 the Statement of
Recommended Practice for Charities applying FRS 102 rather than the version of the Slatement of
Recommended Practice which is referred to in the Regulations but whiGh has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and to include investment properties and certain financial instruments at fair
valuel. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements. the trustees have a reasonable expectation that the charity
has adequale resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their ch8ritsble
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment lunds are subject to specific conditions by donors that the capilal must be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met.
the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. other donation5 are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or othe￿iSe if the charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
contingent asset.

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
(Continued)
1.5 Expenditure
ReSoUr￿S expended are accounted for on an accruals basis.
1.6 Fixed asset inveslments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at eaGh reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incu￿ed.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The charity has elected to apply the provisions of Section 11 'BasiG Financial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently Carried at amortised cost using the effective
interest method unless the arrangement constitutes a finanGing transaction, where the transa¢tion is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured al the present
value of the future payments discounted at a market rate of interest. Financial liabilities dassified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate tnethod.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are reGDgnised initially at
transaction price and subsequently measured at amorlised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Gharity's contractual obligations expire or are discharged or
cancelled.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's service5 are
received.
Tennination benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide temiinats'on benefits.

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumplions are based on historical experience and olher factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future peri(xls where the revision affects both current and future
periods.
Donations and legacies
2023
2022
Legacies receivable
200.000
Investments
Unrestricted
funds
Total
2023
2022
Income from listed investments
Interest receivable
36,586
75,033
(6,280)
17,354
111,619
11,074
Investment income includes £36,192 12022 £3.175) gain on disposal and £16,091 unrealised loss (2022
£25,085) on valuation.

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Charitable activities
2023
2022
Grant funding of activities (see note 6)
864.447
348,933
Share of support costs (see note 7)
Share of governan￿ costs (see note 7)
28,452
1,320
27,107
1,680
894,219
377.720
Analysis by fund
Unrestricted funds
894,219
377,720
10-

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Grants payable
2023
2022
Grants to institutions:
Adur Special Needs Project
Age UK
Ataxia
Astoi Community Arts Trust
Aylesbury Food Bank
BLESMA
British Dyslexia UK
Cardboard Citizens
Centrepoint
Chilterns Neuro Centre
Cliftonville Cultural Space
Corby Community Arts
Crisis UK
Cruse Bereavement Care
Dementia Carers Count
Electric Stomi Youth
Gillingham StreetAngels
Holocaust Centre North (HSFA
Lindengate
Little Angel Theatre
Lucy Cavendish College
Macmillan Cancer Support
Marie Curie Cancer Care
Mid Surrey Dementia Care Trust
Mildmay Mission Hospital
Mylor Sailability
National Dance Company Wales
Nightingale Hammerson
Nishkam Swat
Opera Circus
Paths Hardship Fund
Polka Theatre
RAF Benevolent Fund
React
Royal British Legion
Royal Hospital for Neur(Fdisability
RNLI
Ruth Hayman Trust
Salvation Amiy
St John Ambulance
St John & Elizabeth
st Mungo's Broadway
Salaam Shalom Kitchen
The Fire Fighters Charity
The Food Chain
Trinity Hospice
WinlerGomfort for the Homeless
Worlhing Food Bank
25.000
500
1,000
500
1.000
(28.743)
25,000
500
1,000
1,000
150,000
63.667
500
1,000
1,000
50.000
20.000
16.780
88.396
500
8.000
50,000
30,000
500
10,000
25,000
60,000
66,000
55,000
55,000
125.000
2.000
1,000
500
1,000
5,000
50,000
500
1.000
10,000
1.000
1,000
48.780
5,000
25.000
27,500
500
500
1,000
500
500
25.000
1,000
1,000
1,000
11,000
1.000
500
500
500
10,000
25,000
25,000
500
500
1,000
500
500
1.000
1,000
1.000
500
500
500
10,000
11

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Grants payable
(Continuèd)
864,447
348,933
Support costs
Support Governance
costs
costs
2023
2022 Basis of allocation
External administration costs
Investment management fees
Website costs
Bank Gharges
Sundry expenses
23,868
3,893
198
60
433
23.868
3,893
198
60
433
22.498
4.082
115
81
331
Independent examiners fee
1,320
1,320
1,680 Governance
28.452
1,320
29,772
28,787
Analysed be￿een
Charitable activities
28.452
1,320
29.772
28.787
Net movement in funds
2023
2022
The net movement in funds is stated after chargingl(crediting):
Fees payable for the independent examination of the charity's financial
statements
1,320
1.680
Trustees
None of the trustees lor any persons connected with them) received any remuneration during the year.
Expenses totalling £10 (2022 £47) were paid to the trustees in the year.
10 Employees
The charity had no employees during this or the previous year.
12-

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Fixed asset investments
Listed
investments
Cost or valuation
At 1 January 2023 & 31 December 2023
612,792
Carrying amount
At 31 December 2023
612.792
At 31 De￿rnber 2022
612,792
12 Debtors
2023
2022
Amounts falling due within one year:
Other debtors
780
780
13 Creditors: amounts falling due within one year
2023
2022
Accruals and deferred income
1,200
1,680
14 Creditors: amounts falling due after more than one year
2023
2022
Trustees, capital
15 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These include
designaled funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 January
2023
Incoming
resources
Resources
expended
At31
December
2023
General funds
5.234,310
111,619
1894,2191
4,451,710
13-

THE ERNEST HECHT CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Unrestricted funds
(Continued)
Previous year:
At 1 January
2022
Incoming
resources
Resources
expended
At31
December
2022
Geneial funds
5,400,956
211.074
(377.720)
5,234.310
16 Related party transactions
There were no disclosable related party transactions during the year (2022 - none).
17 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
18 Cash generated from operations
2023
2022
Deficit for the year
(782,600)
(166,646)
Adjustments for:
Investment income recognised in statement of financial activities
(111,6191
(11,074}
Movements in working capital:
(Decrease) in creditors
1480)
Cash absorbed by operations
(894,699)
(177,720)
14-