Company Registration No: 06379943 (England and Wales) (Charity Registration No: 1121960)
REPORT OF THE DIRECTORS AND TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
MY ISRAEL
(A COMPANY LIMITED BY GUARANTEE)
MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
CONTENTS
| Page | |
|---|---|
| Legal and Administrative Information | 1 |
| Report of the Trustees and Directors | 2-4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8-17 |
MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
Legal and Administrative Information
| Trustees | S M Walton |
|---|---|
| A Gerrard (appointed 1 December 2020) | |
| F C Raff | |
| R Taylor (appointed 7 December 2020) | |
| J Jayson | |
| M I Rubinstein | |
| S J Neerkin | |
| Company Number | 06379943 |
| Charity Number | 1121960 |
| Registered Office | 4 Prince Albert Road |
| London | |
| NW1 7SN | |
| Accountants | FKGB Accounting LTD |
| 201 Haverstock Hill | |
| Second Floor | |
| London | |
| NW3 4QG |
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND DIRECTORS
The trustees present their annual report and financial statements for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparing the annual report and financial statements of the charity.
PRINCIPAL ACTIVITY AND OBJECTS OF THE CHARITY
The charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.
The main object of the charity is the relief of hardship, either generally or individually, of people regardless of age, living in Israel and other countries by making grants of money for providing or paying for items, services or facilities.
FINANCIAL REVIEW
The company registered as a charity with The Charities Commission on 1 December 2007. The charity donates to various projects in Israel as summarised in the notes to the financial statements. The charity is organised so that people donating to charity can direct their donations towards a specific project run by the charity. In addition, there is a separate fund specifically for the administration of the charity from which all the running costs of the charity is expended.
Apart from general donations, the charity organises events in order to raise funds to further the objects of the charity.
The charity raised £575,404 (31.12.2019: £631,610) in total for the period under review as shown in the Statement of Financial Activities, and spent £567,742 (31.12.2019: £534,507). This left funds available of £415,997 (31.12.2019: £408,335) to be utilised in the future periods.
The Board of Trustees are grateful to all the people who have donated to the cause, and the hard work put in by volunteers.
ORGANISATION
The directors shown below have held office during the whole of the period from 1 January to the date of this report.
S M Walton F C Raff J Jayson M I Rubinstein S J Neerkin A Gerrard (appointed 1 December 2020) R Taylor (appointed 7 December 2020)
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND DIRECTORS
The charity is organised so that the trustees meet regularly to manage its affairs. The Board has power to appoint additional trustees as it considers fit to do so.
PRINCIPAL FUNDING SOURCES
The charity funds its operation from its reserves and the donations it receives from the general public, as well as organising various events.
RISK REVIEW
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
RESERVES POLICY
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level, which enables the charity to adequately support its activities. Unrestricted funds were maintained at this level throughout the period.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.
Company and Trust law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company 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 company and of the profit or loss of the company for that period. In preparing these financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material
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departures disclosed and explained
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prepare the financial statements on the going concern basis unless it is inappropriate to presume
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that the company will continue in business.
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND DIRECTORS
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD:
Simon Walton
S Walton - Chairman
Date: 25.11.21
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
We report on the accounts of the charity for the year ended 31 December 2020, which are set out on pages 6 to 17.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:
a) examine the accounts under section 145 of the Charities Act 2011,
b) to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act 2011;and
c) to state whether particular matters have come to my attention.
Independent examiner's statement
In connection with our examination, no matter has come to our attention
- Which gives us reasonable cause to believe that in, any material respect, the requirements:
a) to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006; and
b) to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
- to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
FKGB Accounting LTD 201 Haverstock Hill
Second Floor London NW3 4QG
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
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Unrestricted Restricted
Funds Funds 31.12.2020 31.12.2019
Note £ £ £ £
INCOMING RESOURCES
Incoming resources from generated funds:
Donations receivable and income from
events 2 141,071 443,635 584,706 638,742
- - -
Community, appeals and campaign costs (2,555)
Event costs - (9,594) (9,594) (4,577)
Interest income 292 - 292 -
Total incoming resources 141,363 434,041 575,404 631,610
RESOURCES ALLOCATED
Charitable Activities:
Conduit contributions towards charitable
projects - 61,618 61,618 43,306
Direct contributions towards administration
- -
expenses 49,395 49,395
Direct contributions towards charitable
-
projects 387,472 387,472 379,065
3 49,395 449,090 498,485 422,371
Expenses of the charity
Due Diligence, mentoring and consultancy
- - -
to the projects 39,248
-
Central operating costs 69,257 69,257 72,889
4 69,257 - 69,257 112,136
Total resources expended 118,652 449,090 567,742 534,507
NET MOVEMENT IN FUNDS 22,711 (15,049) 7,662 97,103
Total funds brought forwards 329,929 78,406 408,335 311,232
TOTAL FUNDS CARRIED FORWARDS 352,640 63,357 415,997 408,335
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 31 DECEMBER 2020
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Notes 31.12.2020 31.12.2019
£ £
CURRENT ASSETS
Unrestricted Debtors 5 17,500 3,436
Restricted Debtors 5 20,519 22,862
Funds in bank 9 386,715 393,400
424,734 419,698
Creditors: Amounts falling due within
one year
Unrestricted creditors 6 3,946 11,363
Restricted creditors 6 4,791 -
8,737 11,363
TOTAL ASSETS LESS CURRENT
LIABILITIES 415,997 408,335
FUNDS TO CHARITY
Restricted Funds 7 63,357 78,406
Unrestricted Funds 352,640 329,929
TOTAL FUNDS 415,997 408,335
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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006. The director acknowledge his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The trustees acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
These financial statements were approved and authorised for issue by the Board of Trustees on ……………………. and signed on their behalf by: 23.11.21
S Walton Chair
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1 ACCOUNTING POLICIES
1.1 Accounting convention
The Financial Statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities and the Companies Act 2006.
The principal accounting policies adopted in the preparation of the financial statements are set out below.
1.2 Fund Accounting
Unrestricted funds comprise accumulated surpluses and deficits on general funds. They are available for use at the discretion of the Board of Trustees in furtherance of the general charitable objectives.
Restricted funds are funds subject to specific conditions imposed by the donors.
1.3 Incoming Resources
Voluntary income received by way of donations and grants is recognised when the Charity is legally entitled to the income, certain of receipt and the amount can be quantified with sufficient reliability. Income is deferred only when the charity has to fulfil conditions or the income relates to future periods.
Income from activities for generating funds is recognised on a receivable basis.
Investment income arises from interest bearing bank accounts and is recognised on a receivable basis.
1.4 Resources Expended
Resources are expended on the accruals basis and are inclusive of VAT.
Costs of generating funds are those costs incurred in attracting voluntary income and those that relate to the publicity of events run by the Charity.
Charitable activities include expenditure associated with the running of projects and include both direct costs and support costs related to relief of hardship.
Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
2 ANALYSIS OF CHARITABLE INCOME
| Conduit Funds Central Library for the Blind Collier Community Centre Committee for Ethiopian Jews in Safed Ezrat Achim JSPCA Kuchinate LEAD Young Israel of Poleg |
Unrestricted Restricted £ £ - 11,500 - 37,000 - 5,000 - 871 - 4,297 - 3,063 - - - - - 61,731 |
Total 31.12.20 Total 31.12.19 £ £ 11,500 11,500 37,000 - 5,000 - 871 9,800 4,297 - 3,063 - - 19,000 - 2,206 61,731 42,506 |
|---|---|---|
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
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2 ANALYSIS OF CHARITABLE INCOME (CONTINUED)
Total Total
Project Funds Unrestricted Restricted 31.12.20 31.12.19
£ £ £ £
Animal Angels - 55 55 90
Bet Kobi - - - 45
Bet Shean Foodbank - 929 929 1,894
Bet Yossi - 1,000 1,000 -
-
Building Hope 2,592 2,592 6,908
Click - 979 979 6,424
Crossroads - 3,895 3,895 1,128
Dental Volunteers for Israel - 16,630 16,630 16,638
-
Family Nest 8,467 8,467 9,818
-
Forgotten People Fund 8,561 8,561 16,701
-
Garage 5,698 5,698 5,063
-
Healing Hands 2,136 2,136 1,244
- -
Imagine 1,000 1,000
INTRA - 20,428 20,428 25,031
-
Jeremy's Circle 8,642 8,642 14,001
KAIMA - 1,714 1,714 6,404
Kickstart - 2,135 2,135 3,271
Lemonade Fund - 1,214 1,214 3,240
Maslan - 3,462 3,462 7,581
Miriam's Dream - 156 156 288
Misholim - 23,319 23,319 30,897
Musicians of Tomorrow - 22,572 22,572 20,050
My Piece of the Puzzle - 201 201 1,311
-
Project Fund 234,500 234,500 137,831
-
Respecs 11,557 11,557 4,330
Sunrise - - - 10,500
Tikvot - 63 63 230
- - -
Workability 33,461
-
381,904 381,904 364,378
Total income - 443,635 443,635 406,884
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
3 ANALYSIS OF CHARITABLE CASH EXPENDITURE
| Project Funds Animal Angels Ben Kobi Bet Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel Family Nest Forgotten People Fund Garage Healing hands INTRA Jeremy's Circle KAIMA Kickstart Lemonade Fund Maslan Miriam's Dream Misholim Musicians for Tomorrow My Piece of the Puzzle Project fund Respecs Sunrise Israel Ten Gav Tikvot Workability Total project expenditure |
Unrestricted Restricted £ £ - 55 - 1,375 - 9,920 - - - 49,529 - 28,732 - 32,059 - 27,148 - 32,550 - 26,927 - 7,196 - 4,401 - 23,697 - 8,925 - 7,733 - 18,279 - 19,992 - 10,846 - - - 39,594 - 18,836 - 1,245 - 9,594 - 18,429 - - - - - - - - - 397,062 |
Total 31.12.20 £ 55 1,375 9,920 - 49,529 28,732 32,059 27,148 32,550 26,927 7,196 4,401 23,697 8,925 7,733 18,279 19,992 10,846 - 39,594 18,836 1,245 9,594 18,429 - - - - 397,062 |
Total 31.12.19 £ 278 6,585 9,808 - 14,051 5,686 5,704 34,224 30,403 35,106 11,461 1,779 26,077 14,410 7,688 12,765 8,440 12,989 10,476 33,608 31,494 3,431 - 11,478 6,933 10,500 230 33,461 379,065 |
|---|---|---|---|
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
| 3 Conduit Funds Unrestricted Restricted £ £ Baghdadi Women's Project - - Central Library for the Blind - 11,500 Collier Community Centre - 37,000 Committee for Ethiopian Jews in Safed - 5,000 Ezrat Achim - 871 JSPCA - 4,297 Kuchinate - 2,950 Lead - - Young Israel of Poleg - - Total conduit expenditure - 61,618 Total charity expenditure - 458,680 4 The expenses of the charity are listed by heading for the individual amount Charitable Activities Governance £ £ Accountancy - 2,750 Bank Charges 2,466 - Campaign/Events 3,181 - Community - - General Office 3,319 - Foreign exchange loss (gain) 141 - Marketing & fundraising 11,042 - Meetings - - Salaries (See Note 4.2) 45,602 - Overseas travel 756 - Website - - Total 66,507 2,750 ANALYSIS OF CHARITABLE CASH EXPENDITURE (CONTINUED) EXPENSES OF THE CHARITY |
Total 31.12.20 £ - 11,500 37,000 5,000 871 4,297 2,950 - - 61,618 458,680 as follows: Total 31.12.20 £ 2,750 2,466 3,181 - 3,319 141 11,042 - 45,602 756 - 69,257 |
Total 31.12.19 £ 800 11,500 - - 9,800 - - 19,000 2,206 43,306 422,371 Total 31.12.19 £ 2,949 2,647 2,399 416 3,671 - 11,212 406 87,880 220 336 112,136 |
|---|---|---|
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
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4.1 The expenditures relate to the following cost centres maintained by the charity
Total Total
31.12.20 31.12.19
£ £
Central operating costs 69,257 44,854
-
Community outreach 28,034
-
Due Diligence, mentoring and consultancy to the projects 39,248
Total 69,257 112,136
4.2 ANALYSIS OF STAFF COSTS
Total Total
31.12.20 31.12.19
£ £
Staff remuneration 45,602 87,880
Total 45,602 87,880
The average number of employees during the period were 2 (2019: 3.)
5 DEBTORS
Total Total
Unrestircted Restricted 31.12.20 31.12.19
£ £ £ £
Trade debtors - Gift Aid 2,500 (202) 2,298 10,857
Accrued income 15,000 19,061 34,061 14,086
-
Prepayments 1,660 1,660 1,356
17,500 20,519 38,019 26,300
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
| 6 Unrestircted Deferred income - Other creditors - Tax and social securities 70 Accruals 3,876 Total 3,946 Creditors: Amounts falling due within one year |
Restricted 4,791 - - - 4,791 |
Total 31.12.20 £ 4,791 - 70 3,876 8,737 |
Total 31.12.19 £ - 874 115 10,374 11,363 |
|---|---|---|---|
7 RESTRICTED FUNDS CASH MOVEMENT
| Central Library for the Blind Collier Community Centre Committee for Ethiopian Jews in Safed Ezrat Achim JSPCA Kuchinate Conduit Funds |
At 1 January 2020 £ - - - - - - - |
Incoming Resources £ 11,500 37,000 5,000 871 4,297 3,063 61,731 |
Resources expensed and event costs £ (11,500) (37,000) (5,000) (871) (4,297) (2,950) (61,618) |
At 31 December 2020 £ - - - - - 113 113 |
|---|---|---|---|---|
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
7 RESTRICTED FUNDS CASH MOVEMENT (CONTINUED)
| Animal Angels Bet Kobi Bet Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel Family Nest Forgotten People Fund Garage Healing hands Imagine INTRA Jeremy's Circle KAIMA Kickstart Lemonade Fund Maslan Miriam's Dream Misholim Musicians of Tomorrow My Piece of the Puzzle Project Fund (Mi Campaigns) Respecs Roots for Generation Sunrise Tikvot Adjustment Conduit Funds Total restricted funds |
At 1 January 2020 £ - 109 669 - 1,732 5,677 935 106 2,556 1,131 279 145 - 1,252 189 38 1,001 667 132 37 8,341 2,011 125 47,743 3,424 80 18 9 1 78,406 78,406 |
Incoming Resources £ 55 - 929 1,000 2,592 979 3,895 16,630 8,467 8,561 5,698 2,136 1,000 20,428 8,642 1,714 2,135 1,214 3,462 156 23,319 22,572 201 234,500 11,557 - - 63 - 381,904 443,635 |
Transfer out from Project Funds £ - 1,365 8,484 - 45,475 22,076 27,229 10,412 21,527 17,235 1,345 2,120 - 2,017 94 6,145 15,143 18,111 8,996 - 7,934 112 1,045 (220,219) 3,448 (80) (18) - 4 - - |
Resources expensed £ (55) (1,375) (9,920) (49,529) (28,732) (32,059) (27,148) (32,550) (26,927) (7,196) (4,401) (23,697) (8,925) (7,733) (18,279) (19,992) (10,846) (39,594) (18,836) (1,245) (9,594) (18,429) - - - (4) (397,066) (458,684) |
At 31 December 2020 £ - 99 162 1,000 270 - - - - - 126 - 1,000 - - 164 - - 1,744 194 - 5,859 126 52,430 - - - 72 (2) 63,244 63,357 |
|---|---|---|---|---|---|
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
7 RESTRICTED FUNDS - CONTINUED
Name of Fund
Animal Angels Beit Eli and Beit Shean Foodbank Beit Kobi Bet Shean Foodbank Beit Ulpana Bet Yossi
Blue and White Future Building Hope Chanukah Gift Click Committee for Ethiopian Jews in Safed
Description, nature and purpose of the fund
Committed to healing and rehabilitating humans and animals Providing hot food for underprivileged families. Support for lone soldiers in the Givati unit. Providing hot food for underprivileged families. Assisting young families through housing and educational activities Centre that provides emotional therapy and support to families in crisis and distress
Seeking to resolve Israeli - Palestinian conflict. Urgent renovations for homes in distress. Donate a virtual gift in honour of a loved one. To create handicrafts for elderly peoples centre. Giving financial and social support to the Ethiopian community of Safed
Crossroads Councillors for troubled teenagers. Dental Volunteers for Israel Dental care for under privileged children. Ezer Mizion The largest Jewish Bone Marrow donor registry. Ezrat Achim Dedicated to providing weekly food assistance. Family Nest Centre for women and families at risk in Ashkelon. Forgotten People Fund Relief for struggling Ethiopian families. Garage Art preparation course for adults with mental health problems HHD 2020 General fund for food Healing hands Physical and emotional therapies for cancer patients ILAN Israeli foundation for handicapped children IMAGINE Enabling children with all types of special needs to improve their lives through musical activities. INTRA Therapeutic horse riding for disabled. Jeremy's Circle Helping the children of families affected by cancer. Jerusalem Variety Center Treatment and diagnosis for children with special needs JSPCA Animal shelter organization preventing cruelty to animals KAIMA Organic farm which supports at risk teenagers Kuchinate African women's art collective in South Tel Aviv, helping asylumseekers earn a fair wage through their crafts. Lemonade Fund Financial grants to breast cancer patients experiencing financial difficulty. Little Steps To support children with Duchenne and Becker muscular dystrophy. Maslan Rape crisis centre. Miriam's Dream Independent living for adults with severe physical disabilities.
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MY ISRAEL (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020
7 RESTRICTED FUNDS - CONTINUED
Name of Fund
Description, nature and purpose of the fund
Small projects with less than £1,000 spent. Art therapy for children with communication problems. Provides tuition to musically gifted children living in the northern Israel.
Miscellaneous Misholim Musicians of Tomorrow
My Piece of the Puzzle
Camps and activities for youth-at-risk and children with special needs.
Providing holiday provisions to underprivileged families Allocated by team/trustees to projects most deemed in need at that time
Pesach Appeal 2019 Project Fund
Or Avner Rachashei Lev Respecs Roots for Generation
Jewish education and support for underprivileged youth. Raising the spirits of children fighting cancer Low cost glasses for people in need.
After school programme for elders to assist children with special needs.
Safed English Library English language library serving the community of Safed. Shikum Acher (Workability) Creative therapy for the mentally ill. Soccer for the Homeless (Kickstart) Supporting soccer activities for the homeless Summer Camp Appeal Supporting underprivileged family with summer camp Sunrise Holiday camps for the children with cancer. Ten Gav
Crowd-funding platform for donation of goods to families with modest needs Sports therapy for terror victims. Supporting elementary schools with pensioner volunteers Fund supporting building projects at Poleg Synagogue. Creative therapy for the mentally ill
Tikvot Yadid LaChinuch Young Israel of Poleg Workability
8 Share Capital
There is no share capital as the Company is limited by guarantee. The liability of the members is limited to £10 per member.
9 Cash funds breakdown
| Description Restricted funds Unrestricted funds |
BOJ NatWest Hapoalim NatWest Savings Total 1,238 50,069 - - 51,307 329 9,788 - 325,292 335,409 1,566 59,857 - 325,292 386,715 |
|---|---|
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