CHARITY REGISTRATION NUMBER: 1109229
BRITISH FRIENDS OF IGUD HAKOLELIM
B'YERUSHALAYIM
Financial Statements
30 June 2023
G A HARRIS & CO LIMITED
Chartered accountants & statutory auditor
B wlimar House
Jubilee Road,
Middleton,
Manchester
England
M24 2LX

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Financial Ststements
Year ended 30 June 2023
Page
Trustees, annual report
Independent auditor's report to the members
Statement of financial activities
Statement of financial position
statement of cash flows
10
11
Notes to the financial statements
12

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Trustees, Annual Report
Year ended 30 June 2023
The trustees present their report and thè financial statements of the charity for the year ended
30 June 2023.
Reference and admlnlstratlve detalls
Registered charity name
BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Charlty reglstralion number
1109229
Principal office
15 Alba Gardens
London
NVV119NS
The trustees
Julian Bamberger
Joel Aaion R3binowitz
Abigail Bamberger
AudEtor
G A HARRIS & CO LIMITED
Chartered accountants & slalutory auditor
Brulimar House
Jubilee Road,
Middleton,
Manchester
England
M24 2LX
Bankers
National Westminster Bank PIC
PO Box 12263
1 Princes Street
London
EC2R 8PH

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Trustees, Annual Report{¢ontlnued)
Year ended 30 June 2023
Structure, govemanee and management
British Friends of Igud Hakolelim B'yerushalayim is a registered Charity, registration number 1109229,
and is governed by a éeed dated 4th April 2005. The day lo day affairs of the charity are run by the
tM)ard of trustees which is chaired by Rabbi Joel Aaron Rabinowitz.
Objectlve8 and actlvltlè8
The objectives of the chaiily are the furtherance of Jewish religion and Jewish religious educalion an
the alleviat￿n of poverty among the Jewish community throughout the world.
How our aclivibes achieve public benefrfc '.
The Charity carries out a range of activities in pursuance of its charitable aims. The Trustees wnsider
that these 8cbvities, surnmarised below, provide benefit ID the communities in which they are Involved.
The main activity of the charity is the upkeep and maintenance of a number of registered charities in
Israel. These charities are all involved in supporting individual families lo advance their Jewish feligious
education. These families are in dire need of financial assistance and proposed recipients are assessed
in Ofdef lo meet these needs. Help is also given lo those who require medical assistance.
The Trusts main souree of income is from donations.
The Trusfs policies have remained the same throughout the year.
Achlevements and performance
During the year the charity received donations of £1,201,32312022'. £849.2481 and donated £1,062,714
12022.. £,835.8161 to institutions in Israel that support families lo advance their Jewish religious
education. This has enabled Inslilulions lo carry on iheir charitable acbvilies and significantly improve
the lives of their beneficiary and students.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Trustses, Annual Report (contlnued)
Year ended 30 June 2023
Financial review
Reserves policy
It is the policy of the charity lo maintain unrestricted funds, which are the free reserve of the charity. al
a level which the trustees think appropriate after Considering the future commitments of the charity and
the likely adminislrah.ve costs of the charity for the next year.
The Ituslees believe that reserves of £312.309 12022.. £176,141) are sufficient as it has very little
administrative expenses and does not have any binding future commitments. As al 30 June 2023 the
charity had £312.309 unrestricted funds.
Risk Policy
The trust has assessed the major risks to which Il is exposed in particular those relating lo the operation5
and fInan￿S of the Trust, and is salish.ed the systems are in place lo mitigate its exposure to those
risks
Plans For Future Periods
The charity will continue lo further ils objeelives of acjvancing and furthering Jewsh religion and Jewish
religious education by offering financial assistance to various institutions in Israel which have the same
objectives.
The tr(Jstees are most grateful lo all their regular donors and hope that they will continue lo support this
charity The trustees are also hoping that the current donors will introduce new potential donors.
Disclosure of Informalion lo Auditors
So far as each Iruslee al the date of approval of this report is aware.. there is no fftlevant audit information
of which the charity's auditors are unaware, and the Iruslees have taken all steps that they ought lo
have taken lo make themselves awar6 of any relevant audit information and lo establish that the auditors
are aware of the informalion.
Tru5tees' responslbllltles statement
The Iruslees are responsible for preparing the Iruslees, report and the financial slalemenls in
accordance with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally
Ac￿pt￿ Accounting Practs"cel.
The law applicable lo charrties in EnglanLI and Wales requires the charity Iruslees to prepare financial
slalemenls for each year which give a true and fair view of the slate of affairs of the charity and of the
incoming resources and application of resources. ol the charity lor that period.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Trustees. Annual Report(contlnu
Year ended 30 June 2023
In preparing these financial stalementg, the trust¢es are required lo.
select suilsble accounting poli¢ies and then apply them wnsistenlly,.
observe Ihe methods and principles ITr the applicable Charities SORP.,
make jLidgmenls ano accounting eslimales th81 are reasonable and prudent.,
state whether applrable U K Accounting Standards have b&en follow*3d, subject lo any Material
departurès disclosed and explained in the financial statements,
prepare the financial 5ts1em&nls on the going concern basis unless il is inappropnale lo presume
Ihal the charity will continue In business.
Iruslees are responsible lor keeping adeqiiale accounting r6cords that are suffiuenl Ic> show aNJ
explain the ¢harity's tiansactions aia disclose with reasonable accuracy at any bme the financial
[￿Sition of the charity and enable them to ensure that the financial statements comply with the Charities
Act 2011, the applicable Charities (Accounts and Reportsl Regulalk)ns, and the provisions ol the Trust
Deed They are also resp(￿sible for safeguarding thè assets of the charity and hence for tsking
re850nable steps for the prevention and detection DI fraud and other Iiregularittes.
The trustees, annual report was epproved on 10 September 2025 and signed on behalf of th¢ board of
Iwstees b
Jul
Tr
an Bam
slee
er

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Independent Auditor's Report to the Members of BRITISH FRIENDS OF IGUD
HAKOLELIM B'YERUSHALAYIM
Year ended 30 June 2023
Opinion
We have audited the financial statement5 of BRITISH FRIENDS OF IGUD HAKOLELIM
B'YERUSHALAYIM (the 'charity'} for the year ended 30 June 2023 which comprise the stslement of
financial aclivilies, statement of financial position. statement of Cash flows and the relaled notes,
including a summary ol signrficant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS
102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iuniled Kingdom
Generally Accepted Accountsng Praclieel.
In our opinion the financial statements.
give a true and lair view of the slate of the charity's affairs as at 30 June 2023 and of ils incoming
resources and application of resources, including its income and expendlture, lor the year the
ended",
have been properly prepared in accordance with United Kingdom Generally Accepted Aceounling
Practice".
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Stsndards on Auditing IUKI IISAS (UKII and
applicable law. Our responsibilib'es under those standards are further described in the audilorts
reswnsibilities for the audit of the financial slalements section of our rewrt. Vve are independent ol the
charity in acco¥dan¢e with the ethical ￿ quiremenls that are felevanl to our audit of the financial
slalemenls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in 3ccord3nce with these requirernents. We believe that the audit evidence we havè
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating ¢0 going concern
In auditr'ng the financial slalemenls, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial slalemenls is appropriate.
Based on the work we have performed. we have not identified any material uncertainties relating to
events Dr conditions that, individually or collectively, may cast signrficant doubl on Ihe charity's ability to
continue as a going concern for a perio(J of al least twelve mnlhs trom when the financial statements
are authorised lor issve.
Our responsibilities and the responsibilities of the trustees wth respect to going concern are described
In the relevant sections of this report.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Independent Auditor's Report to the Members of BRITISH FRIENDS OF IGUD
HAKOLELIM B'YERUSHALAYIM (conrtlnu6d)
Year ended 30 June 2023
Other info￿atIOn
The other information comprises the information included in the annual report. other than the financial
slalernenls and our auditor's report thereon. The Iruslees are responsible for the other Information. Our
opinion on Ihe financial statements does not cover the other information and. except lo the exlenl
otherwise explicitly slated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the fi'nancial slalemenls, our responsibility is lo read the other information
and, In doing so. consider whether the other informab'on is materially inconsislenl with the financial
slalemenls or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If
we identify such material inconsistencies or apparent material misslalemenls, we are required lo
determine whether there is a material misslalemenl in the financial stslemenls or a material
misstatement of the other lnfomial￿n. If, based on the work we have performed, we concludé that there
is a material misslalemenl of this other Infomialion, wè are required lo report that fact.
Vve have nothing to report in this regard.
The accounts for the previous year, 30 June 2022, did not require an audit, as the donations received
were below the prescribed threshold
Matters on whlch we are required to rèport by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the course
of the audit, we have not identified material misslatèmenls in the Iruslees. report.
We have nothing lo report in respect ol the following matters in relalion to which the Charities (Accounts
and Reports) Regulations 2008 requires us lo report lo you if, in our opinion..
the information given In the trustees, report is inconsistent in any materral respeel with the financial
stalemenls," or
adequate accounting recoids have not been kept,. or
Ihe financial slalemenls are not in agreement with the accounting records and retums., or
we have not received all the information and explanations we require for our audrt.
Re8pons5bS1itigs ol trustees
As explained More lully in the Iruslees. responsibilits'es slalemenl, the trustees are responsible for the
preparation of the financial statements and lor being satisfied that they give a true and fair view, and for
such internal control as the trustees dètermine is necesg2ry to enable the prèparatr.on of linancial
statements that are free from materi21 misstalemenl, whether due lo fraud or error.
In preparing the financial stalemenls, the Iruslees are responsible for assessing the charity's ability lo
continue as a going concern, disclosing. as applicable, mallers related to going concem and using the
going concern basis of accounting unless the trustees either intend lo liquidate the charity or lo eease
operations, or have no realistic alternative bul to do so.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Independent Auditor's Report to the Members of BRITISH FRIENDS OF IGUD
HAKOLELIM B'YERUSHALAYIM (contlnuedl
Year ended 30 June 2023
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misslalemenl, whether due to fraud or error, and lo issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance. bul is not 8 guarantee that an
audit conducted in accordance with ISAS IUKI will always delecl a material misstalemenl when Il exists.
Misslalemenls Can arise from fraud or error and are considered material If, individually or In the
aggregate, they could reasonably be expected lo influence the economic decisions of users taken on
the basis of these financial slalemenls
Irregularities. including fraud, are Instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, lo detect material misslalements in respect
of irregularities. including fraud. The exlenl to which our procedures are capable ol deteeling
irregularities, including fraud is detailed below..
We obtsined an understanding of the legal and regu1210ry framework that the British Friends 01 Igud
Hakolelim B'yerushalayim operates in, and identified the key laws and regulations that had a direct affect
on the delerminalion of material amounts and disclosures in the financial slatemenls. These included
the UK Companies Acl and tax legislation, and do not have a direct affect on the financial slalemenls
but compliance with which may be fundamental to the charity's ability lo operate or lo avo￿ a a material
penalty.
As part of an audit in accordance wilh ISAS (UK), we exercise professional judgment and maintain
professional sceplicism throughout the audit. We also..
Identify and assess the risks of material misslalemenl of the financi21 staternenls, whether due to
fraud or error, design and perform audit prO￿dureS responsive 10 those risks. 2nd obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk ol not
detecting a material misslalermenl resulting from fraud is higher than for one resulting from error,
as fraud may involve collusion, forgery, inlentional omissions, misrepresentations, or the override
of internal control.
Obtain an understanding of Internal control relevanl to the audrt in order lo design audit procedures
that are appropriate In the circumslanees, bul not for the purwse of expressing an opinion on thè
effectiveness of the internal control.
Evaluate the appropriateness of accounbng policies used and the reasonableness of accounting
estimates and related disc105ures made by the trustees.
Conclude on the appropriateness of the Iruslees, use of the going concern basis of accounting
and. based on thè audit evidence obtained, whether a material uncertainty exists rèlated lo events
or condilions that may cast Signifi.￿nI doubt on the charity's ability to continue as a going COn￿M.
11 we conclude that a material uncertainty exists, we are required to dr3w attention in our auditor's
report lo the related disclosures in the financial statements or, if such disclosures are inadequate,
lo modify our opinion. Our conclusions are based on the audit evidence obtained up lo the date of
our auditor's report. However, future events or conditions may causè the charity lo cease lo
continue as a going concern.
Evaluate the overall presentation, structure and content of the financial slatemenls, including the
disclosures. ané whether the financial s18lemenls represent the underlying transactions and events
In a rnanner that achieves fair presentation.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Independent Auditor's Report to the Members of BRITISH FRIENDS OF IGUD
HAKOLELIM B'YERUSHALAYIM (eontlnu8d)
Year ended 30 June 2023
We communicate with those charged with govemance regarding, among other matters. the planned
gcope and timing of the audit and significant audit findings, including any significant deficiencies in
iTrlemal control that we identify during our audit.
U¥e of our report
This report is made solely to the charity's members, as a body, in accordance with Part 4 of the Charities
IAccoLJnts and Report5} Regulations 2008 Our audit work has been undertaken so Ihal we might stale
to the charity's members those matters we are required to stale to them in an audilorfs report and for no
other purp)se. To the fullest exlenl permitted by law, we do not accept or assume responsibility lo
anyone other than the charity and the charity's members as a body, for our audit work. for this report, or
for the opinions we have formed.
G A HARRIS & CO LIMITED
Chartered accountants & slalutory auditor
Brulimar House
Jubilee Road.
IAiddleton,
Manchester
England
M24 2LX
10 September 2025
GA Harris Limited is eligible lor appoinlrnent 2s auditor of the charity by virtue of ils eligibility for
appoinlrnenl as auditor of a company under section 1212 of the Companies Act 2006

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Statsment of Financial Activities
Year ended 30 June 2023
2023
Unreslricled
funds Total funds
2022
Total funds
Note
Income and endowments
Donations and legacies
Total income
1.201,323
1,201,323
849,248
1,201,323
1,201.323
849,248
Expenditure
Expendilure on ¢hari18ble activities
Total expenditure
1.065,155
1,065,155
837, 136
1,065,155
1,1￿5,155
837, 136
Net Income and net movement In fund8
136,168
136,168
12,112
R9conciliation of funds
Total funds brought forward
Total funds Carried forward
176,141
176,141
164.029
312,309
312,309
176,141
The statement of financial activrties includes all gains and losses recognised in the year.
l income and expenditure derive from continuing activities
The notes on pag•A 12 to 17 fomi part of these flnanclal statements.

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Statement of Financial Poslllon
30 June 2023
2023
2022
Note
Current assots
1nveslmenls
Cash at bank and in hand
11
200,OOLI
205.392
200,000
77,075
405,392
277.075
Credttors: amount8 falling due wSthln one year
Net current assets
12
3,120
2,640
402,272
274,435
Total ass8ts 1•$5 current IlabllItre$
402,272
274,435
Crodltors: amounts falllng due after morè than one year
Net assets
13
89,963
98,294
312.309
176,141
Funds ol the Charlty
un￿StrICted funds
312,309
176,141
Total charity fund$
14
312.309
176,141
These financial slalemènts were approve(J by the board of twslees 2nd aulhorised for issue on 10
September 2025, 8nd are signed on behalf of the board by..
Julian va
The notss on pages 12 to 18 fgmi part of these financial stalements.
10

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Statement of Cash Flows
Year ended 30 June 2023
2023
2022
Cash flows from operatlng actlvltles
Nel income
136,168
12,112
Changes in..
Trade and other creditors
Cash generated from operations
Nel cash from operating activities
17,8511
128,317
24.311
36,423
128,317
36,423
Net increase in cash and cash equlvalents
Cash and cash equlvalents at beglnnlng ofyear
Cash and cash equlvalents at end of yoar
128,317
77,075
36.423
40,652
205,392
77,075
The notes on page8 12 to 17 lonn part of these flnancial statements.
11

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Financial Statements
Year ended 30 June 2023
General infomiation
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address ot the principal office Is 15 Alba Gardens, London. NW119NS.
Statement of compllanee
These financial statements have been prepared in compliance with FRS 102. 'The Financial
Reporting Slandarrj applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice 8pplieable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) Icharities
SORP {FRS 102}l and the Charities Act 2011.
Accounting polieies
Basis of preparation
The financial stslements have been prepared on the historical cost basis.
Golng eoneern
There are no material uncertainties about the chaiity's ability to conlinue.
Judgements and key sources of estlmatlon uncertalnty
The preparalion of the financial st8lemenls dKI not require management to make judgements,
eslimales or assuMpt￿nS that affect th& amounts reported.
Fund aceountlng
Unres111cled funds are available ft)r use al the discretion of the trustees lo further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected lo reslriclions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of two sub-classe5." restricted income funds or endowrnenl
funds.
12

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Flnancial Statements (eontlnugdj
Yèar ended 30 June 2023
A¢counting pollcie8 (continued)
Incomlng resources
All incorning resources are included in the statement of financial activities when enlillemenl has
passed to the charity., it is probable that the economic benefits associated wrth the Iransaclion will
flow lo the charity and the amount can be reliabty measured. The following specific policies are
applied lo particular categories of Income..
income from donations or grants is recognised when there is evidence of enbtlemenl to the
grft, receipt is probable and its amount can be measured reliably.
legacy income is reeognised when receipt Is probable and enlitlemenl is established.
income from donated goods is measured al the fair value of the goods unless this is
impractical to measure reliably, in which case the value is dÈrtved from the cost to the donor
or the eslimaled resale value. tk)nated facilities and seNices are recognised in the accounts
when received if the value Can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This Is classified as unreslricled funds unless there is a conlraclual
reqtjiremenl for il lo be spent on a parh'cular purpose and relumed if unspent, in which case
il may be regarded as restricted.
Resources gxpended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classrfied under headings of the slalemenl of fin2ncial
a¢bvilies lo whieh il relates..
expenditure on raising funds includes the Costs of all fundraising activities, events, non-
charitable trading a¢iivilies, and the sale of donated goods.
expenditure on charrtable 8etivilies includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficianes, including those
s(Jpport costs and costs relating lo the governance of the charity apportionecl lo charitable
aelivilies.
other expenditure includes all expenditure that is neither related to raising funds for the chanty
noi part of its eX￿ndIt￿re on eharilable aclivilies.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable lo a single activity are allocated directly lo that activity. Shared costs are apportioned
be￿een the activities they contribute lo on a reasonable, justifiable and consislenl basis.
Flnanclal instruments
A financial asset or a financial liability Is recognised only when the Gharily becomes a paty to the
onlra¢lual provisions of the instrument.
Basic financial Instruments are initially recognised al the amount receivable or payable Including
any related Ifansaction costs.
13

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Financial Statements lconllnuedl
Year ended 30 June 2023
Aceounting policles (continuedj
Financlal Instruments (continuéd)
CLJrrenl assets and current liabilities are subsequenlly measured at the cash or other consideTabon
expected lo be paid or received and not discounted.
Debt Inslnjments are subsequently measured at 8mortised cost,
Where investments in shares are publicly traded or their fair value can olheNise be measured
reliably, the investmènt is subsequently measured al fair value with changes In fair value
recognised in income and expenditure. All other such investments are subsequently measured al
cost less impairment
Other financial inslrurnenls, including derivatives, are initially rec￿niSed al fair value, unless
payment for an asset Is defeired beyond normal business terms or fr"nanced al a rale ol interest
ihai Is not a marKei rate, in which case the asset is measured al the present value ol the future
payments discounted al a market rale of interest for a similar debt instrument.
Other fin8ncial instruments are subsequently measured al fair value, with any changes recognised
in the statement of financial activities, with the ex￿pIlo￿ of hedging instruments in a designated
hedging relationship.
Financial assets that are measured al cost or arnortised cost are reviewed for objective evidence
of impairment al the end of each reporting (Jale. If there is objective evidence of impairment, an
impaiimenl loss is recognised under the appropriate heading in the statement of financial aelivilies
in which the initial gain was recognised.
For all equity inslrufflenls regardlèss of significance, and other financial assets that are Individually
significant, these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basis ol similar credit risk characlerislics.
Any reversals of impairment are recognised immediately, lo the extent that the rever581 does not
result In a carrying amount of the financi81 asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Donations and legacies
Unreslricled Total Funds Unreslricled Total Funds
Funds
202)
Funds
ZOZ2
Donatlons
Donations
1,201,323
1,201,323
849,248
849,248
Expenditure on charltable actlvltles by fund type
Unrestricted Total Funds Unreslricled Total Funds
Funds
2023
Funds
2022
Furtherance of Jewish Religion an
education
Support costs
1,062,714
2,441
1,062,714
2,441
835,816
1,320
835,816
1,32Q
1,065.155
1.065 155
837. 136
837,136
14

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Financial Statements (conlinue
Year ended 30 June 2023
Expenditure on charftable activltlès by acttvity type
Activities
undertaken
directly
Support Totsl funds
costs
2023
Total ftjnd
2022
Furtherance of Jewish Religion and
education
Governance costs
1,062,714
1,062,714
2,441
835,816
1,320
2,441
2,441
1,062,714
1,065.155
837, 136
Audltors remuneratlon
2023
2022
Fees payable for the audit of the ff nancial slalemenls
2,160
Independent examinatlon fees
2023
2022
Fees payable to the independent examiner for..
Independent examination ot the financial Statements
600
Staff costs
No salar(es or wages have been paid lo employees, Including the members of the committee,
during the year.
10. Trustee remuneration and expenses
No trustees received any remuneration during the year.
11. Investments
2023
2022
Renslade Limited
200,000
200,000
The investment comprised 100'/0 ownership of the shares in Renslade Limited. a company holding
an investment property. The investment policy is lo show investments al their hisloiical value. The
shares were gifted lo the charity in 2016. The Investment property was sold in January 2025, with
pr(Keeds of £272,302 rernilled lo the charity prior lo the closure of the investment company
12. Creditors: amounts falling duè within one year
2023
2022
Trade creditors
3,120
2,$40
15

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Financial Statements Iconiinued)
Year ended 30 June 2023
13. Creditors- amounts falling due after more than one year
2023
2022
Other creditors
89.963
98,294
The loan to the charity is from a 1 OOQA owned subsidiary Renslade Limited. The loan is repayable
on demand and not interest bearing. In 2025 Renslade Limited sold the investment propety and
as part of its dissolution process did not pursue the charity for repayment of this loan.
14. Analysis of charltable funds
Unrèstricted funds
At
30 Jvno 202
At
1 July 2022
Income Expenditure
General funds
176,141
1,201.323 11,(65,1551
312,309
Al
1 July2021
Al
Income Expendilure 30 June 2022
General funds
164,029
849,248
1837,1361
176,141
15. Anatysis of net asset8 botween funds
Unre51ricted Total Funds
Funds
2023
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
200,000
205,392
13,1201
189,9631
312 309
200,000
205,392
13,1201
189,9631
312.309
ilnrestricled Totsl Funds
Funds
2022
Investrnenls
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net assets
200,000
77,075
12.6401
198,2941
176.141
200.000
77,075
12,6401
198,294}
176,141
16

BRITISH FRIENDS OF IGUD HAKOLELIM B'YERUSHALAYIM
Notes to the Financial Statements {conifvuedl
Year ended 30 June 2023
16. Analysls of changes In net debt
At
At 1 JLJI 2022 Cash flows 30 Jun 2023
Cash al bank and in hand
Current asset investments
77.075
200,000
277,075
128,317
205,392
200.000
128,317
405,392
17