Charity registration number 1102612 (England and Wales)
THE BRITISH FRIENDS OF ZICHRON MENACHEM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE BRITISH FRIENDS OF ZICHRON MENACHEM
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees Mr. E. Seliger Mr. B Resnick Mr. R Green Mr. W Salkinder Charity number 1102612 Principal address 30 Brookside Road London NW11 9NE Independent examiner Mike Haberfeld BSc FCA Landau Morley LLP 325-327 Oldfield Lane North Greenford Middlesex UB6 0FX Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ Solicitors RadcliffesLeBrasseur 5 Great College Street Westminster London SW1P 3SJ
THE BRITISH FRIENDS OF ZICHRON MENACHEM
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 13 |
THE BRITISH FRIENDS OF ZICHRON MENACHEM
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply 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 2019)
Objectives and activities
The ultimate purpose of the charity is to increase the quality of life of children with cancer and their families.
The charity achieves its objectives by organising or contributing towards summer camps in the UK or other countries for young cancer patients. In addition, the charity similarly organises or contributes to annual "respite holidays" for the parents of children suffering from cancer. A secondary objective is to provide intermittent financial support to Zichron Menachem in Israel to assist it with its broad activities. These funds have played a role in growth and development of Zichron Menachem in Israel, helping make it the first support organisation that families turn to for support and advice after a child is diagnosed with cancer.
The charity raises funds to support its charitable activities by holding specific events to increase awareness of the charity as well as specific fundraising activities. An example of a specific campaign is the hair cutting campaign where young women are encouraged to grow their hair and raise sponsorship. The hair is then cut and used to make wigs for the cancer patients in Israel and the UK.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its activities for the year and, as can be seen from this Report, the charity's aims are for the public benefit.
Achievements and performance
Once again, we were pleased to host four flagship hair parties in London and Manchester. Participants were cheered on by family and friends The hair collected is used for custom-made wigs for sick children. Hair donors are encouraged to raise funds to help defray the costs of making the wigs and other projects to enhance the lives of the sick children and their families.
In the year 2024-25 we hosted and contributed to four Zichron Menachem camps in the UK and Europe for both the children and their parents. ZMUK ran the first ever camp for teenage girls approaching the end of their treatment, giving them the tools required to face the future with positive energy.
ZMUK contributed additional funds to Israel in the financial year in support of its charitable objectives.
Financial review
A summary of the charity's transactions and of its financial position is shown in the financial statements together with the accompanying notes.
The charity had income of £152,006 (2024: £156,905)
Current account bank balance £2,145 (2024: £17,222 )
Savings account bank balance £62,381 (2024: £213,455)
The policy on reserves is to build up funds, in particular to meet camp expenses and specific requests from Zichron Menachem in Israel.
At the year end, the Charity had free reserves of £62,369 (2024: £213,333).
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.
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
The British Friends of Zichron Menachem is governed by a Trust Deed, dated 21 January 2004.
The charity is informally affiliated to Zichron Menachem, an Israeli charity which provides support and assistance to Israeli children who have cancer, and their families. Therefore, locally the charity works closely with Zichron Menachem in Israel to ensure that the UK activities and contribution are focused and relevant.
The trustees who served during the year and up to the date of signature of the financial statements were: Mr. E. Seliger
Mr. B Resnick Mr. R Green Mr. W Salkinder
The trustees have complementary skills that help run the charity effectively. Mr Seliger is the day-to-day manager of Zichron Menachem UK and is the primary liason with Zichron Menachem in Israel; Mr Resnick is an accountant by profession and oversees governance and finance; Mr Green founded the emergency response and ambulance service Hatzola and he brings an understanding of health and wellness to the charity.
The power of appointing trustees is vested in the existing trustees. New trustees are recruited from personal contacts of existing trustees. Induction will be carried out by discussion with existing trustees and training will depend on their previous knowledge and experience.
The trustees determine the general policy of the charity. Mr. E. Seliger acts as Chairman and is responsible for overseeing the day to day running of the UK activities.
The trustees' report was approved by the Board of Trustees.
Mr. E. Seliger Trustee
22 January 2026
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE BRITISH FRIENDS OF ZICHRON MENACHEM
I report to the trustees on my examination of the financial statements of The British Friends of Zichron Menachem (the charity) for the year ended 31 March 2025.
Responsibilities and basis 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.
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 145(5)(b) of the 2011 Act.
Independent examiner's statement
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 that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements 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.
Mike Haberfeld BSc FCA
Landau Morley LLP 325-327 Oldfield Lane North Greenford Middlesex UB6 0FX
Dated: 22 January 2026
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted Total Unrestricted Restricted funds funds funds funds 2025 2025 2025 2024 2024 Notes £ £ £ £ £ Income from: Donations and legacies 2 144,892 4,000 148,892 105,652 22,000 Other trading activities 3 - - - 25,037 - Investments 4 3,114 - 3,114 4,216 - Total income 148,006 4,000 152,006 134,905 22,000 Expenditure on: Raising funds 5 94,480 - 94,480 61,607 - Charitable activities 6 204,596 18,123 222,719 17,125 14,000 Total expenditure 299,076 18,123 317,199 78,732 14,000 Net income/(expenditure) and movement in funds (151,070) (14,123) (165,193) 56,173 8,000 Reconciliation of funds: Fund balances at 1 April 2024 213,858 14,123 227,981 157,685 6,123 Fund balances at 31 March 2025 62,788 - 62,788 213,858 14,123 |
Total 2024 £ 127,652 25,037 4,216 |
|---|---|
| 156,905 | |
| 61,607 31,125 |
|
| 92,732 | |
| 64,173 163,808 |
|
| 227,981 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Tangible assets 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Income funds Restricted funds 14 Unrestricted funds General funds 15 |
2025 £ 2,432 64,816 67,248 (4,879) 62,788 |
£ 419 62,369 62,788 - 62,788 62,788 |
2024 £ 214 231,717 231,931 (4,475) 213,858 |
£ 525 227,456 |
|---|---|---|---|---|
| 227,981 | ||||
| 14,123 213,858 |
||||
| 227,981 |
The financial statements were approved by the Trustees on 22 January 2026
Mr. E. Seliger Trustee
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
The British Friends of Zichron Menachem is an unincorporated charity, registered in England and Wales, whose principal address is 30 Brookside Road, London, NW11 9NE.
1.1 Basis of preparation
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 2019). 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 Statement of Recommended Practice which is referred to in the Regulations but which 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. 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 adequate 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 charitable 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.
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 donations 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.
1.5 Expenditure
Expenditure is recognised once there is a legal and constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Office equipment
20% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 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.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic 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 financial 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 financing transaction, where the transaction 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 at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Income from donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 144,892 | 4,000 | 148,892 | 105,652 | 22,000 | 127,652 |
3 Income from other trading activities
| 4 5 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Fundraising event - raffle - 25,037 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Fundraising event - raffle - 25,037 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Fundraising event - raffle - 25,037 |
Unrestricted Unrestricted funds funds 2025 2024 £ £ Fundraising event - raffle - 25,037 |
|---|---|---|---|---|
| Investments | ||||
| Unrestricted Unrestricted funds funds 2025 2024 £ £ Other investment income 3,114 4,216 |
||||
| Raising funds | ||||
| Unrestricted Unrestricted funds funds 2025 2024 £ £ Fundraising and publicity Fundraising events - other 22,354 22,208 Consultancy 24,797 7,950 Advertising, website and marketing 19,083 2,194 Support costs (see note 7) 28,246 29,255 Fundraising and publicity 94,480 61,607 |
||||
| 61,607 |
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
6 Charitable activities
| Unrestricted funds Restricted funds 2025 2025 £ £ Camp 20,506 14,123 Donations to Zichron Menachem Israel 168,000 4,000 188,506 18,123 Share of support costs (see note 7) 11,096 - Share of governance costs (see note 7) 4,994 - 204,596 18,123 Analysis by fund Unrestricted funds 204,596 - Restricted funds - 18,123 204,596 18,123 |
Total 2025 £ 34,629 172,000 206,629 11,096 4,994 222,719 204,596 18,123 222,719 |
Total 2024 £ - 14,000 |
|---|---|---|
| 14,000 12,553 4,572 |
||
| 31,125 | ||
| 17,125 14,000 |
||
| 31,125 |
Donations to Zichron Menachem Israel are in respect of contributions to running various camps which took place during the course of the year and providing support to that charity to assist it with its charitable activities.
7 Support costs allocated to activities
| Charitable activities 2025 £ Staff costs 16,744 Premises costs 10,371 Office costs 8,339 Travel 2,373 Sundry 1,410 Depreciation 105 Governance 4,994 44,336 |
Total 2024 £ 16,744 10,709 8,633 3,053 2,538 131 4,572 |
|---|---|
| 46,380 |
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 7 Support costs allocated to activities Governance costs comprise: Independent examination |
(Continued) 2025 2024 £ £ 4,994 4,572 4,994 4,572 |
(Continued) 2025 2024 £ £ 4,994 4,572 4,994 4,572 |
|---|---|---|
| 4,572 |
Support cost are allocated between fundraising and charitable activities based on the usage of a resource or activity in terms of time taken, capacity used, requests made or other measure.
8 Trustees
During the year, one of the trustees was reimbursed a total of £2,320 (2024: £2,833) for travel expenses incurred for the objectives of the charity. No other trustees received reimbursement for expenses in the year.
None of the trustees (or any persons connected with them) received any remuneration of benefits during the year.
9 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| 1 | 1 | |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 16,438 | 16,438 |
| Other pension costs | 306 | 306 |
| 16,744 | 16,744 |
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 11 Tangible fixed assets Cost At 1 April 2024 At 31 March 2025 Depreciation and impairment At 1 April 2024 Depreciation charged in the year At 31 March 2025 Carrying amount At 31 March 2025 At 31 March 2024 12 Debtors Amounts falling due within one year: Other debtors Prepayments and accrued income 13 Creditors: amounts falling due within one year Other creditors Accruals and deferred income |
Office equipment £ 6,665 6,665 6,141 105 6,246 419 525 2025 2024 £ £ 623 214 1,809 - 2,432 214 2025 2024 £ £ 59 59 4,820 4,416 4,879 4,475 |
Office equipment £ 6,665 6,665 6,141 105 6,246 419 525 2025 2024 £ £ 623 214 1,809 - 2,432 214 2025 2024 £ £ 59 59 4,820 4,416 4,879 4,475 |
|---|---|---|
| 6,665 | ||
| 6,141 105 |
||
| 6,246 | ||
| 419 | ||
| 525 | ||
| 2024 £ 214 - |
||
| 214 | ||
| 2024 £ 59 4,416 |
||
| 4,475 |
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
14 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| Movement in funds | Movement in funds | Movement in funds | Movement in funds | Movement in funds | Movement in funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Income/ | Resources | Balance at | Income/ | Resources | Balance at | |||||||
| 1 | April 2023 | (Expenditure) | expended | 1 April 2024 | (Expenditure) | expended 31 |
March 2025 | ||||||
| £ | £ | £ | £ | £ | £ | £ | |||||||
| Parent | Camp | 6,123 | 22,000 | (14,000) | 14,123 | - | (14,123) | - | |||||
| Games | Room | - | - | - | - | 4,000 | (4,000) | - | |||||
| 6,123 | 22,000 | (14,000) | 14,123 | 4,000 | (18,123) | - |
The Parent Camp funds relates to money received from The Bluston Charitable Settlement to be used towards the cost of the Parents' Respite Trip.
The games room fund relates to a donation received for the purchase of sports equipment at the Zichron Menachem Dream Centre in Jerusalem.
15 Unrestricted funds
| Unrestricted funds | |||||||
|---|---|---|---|---|---|---|---|
| Movement | in funds | ||||||
| Balance at | Income | Expenditure | Balance at | ||||
| 1 April 2024 | 31 March 2025 | ||||||
| £ | £ | £ | £ | ||||
| General funds | 213,858 | 148,006 | (299,076) | 62,788 | |||
| 213,858 | 148,006 | (299,076) | 62,788 | ||||
| Analysis of net assets between funds | |||||||
| Unrestricted | Restricted | Total | |||||
| funds | funds | ||||||
| 2025 | 2025 | 2025 | |||||
| £ | £ | £ | |||||
| At 31 March 2025: | |||||||
| Tangible assets | 419 | - | 419 | ||||
| Current assets/(liabilities) | 62,369 | - | 62,369 | ||||
| 62,788 | - | 62,788 |
16 Analysis of net assets between funds
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THE BRITISH FRIENDS OF ZICHRON MENACHEM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 16 | Analysis of net assets between funds | (Continued) | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | |||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| At 31 March 2024: | ||||
| Tangible assets | 525 | - | 525 | |
| Current assets/(liabilities) | 213,333 | 14,123 | 227,456 | |
| 213,858 | 14,123 | 227,981 |
17 Related party transactions
During the year, a market value rent of £8,400 (2024: £8,000) was payable to E. Seliger, a trustee, by the charity for office space. Additionally, in relation to the occupation of the premises, amounts totalling £1,971 (2024: £2,709) were payable directly to third party suppliers for utilities.
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