Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 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 2024 FOR MYISRAEL {A COMPANY LIMITED BY GUARANTE)
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Legal and Administrative Information Trustees R Taylor (Chair) L Berg (appointed 2 September 2024) M Carter (appointed 2 September 2024) P Charles (appointed 2 September 2024) C Fisher (appointed 18 March 2024) A Gerrard (resigned 22 July 2024) J Jayson (resigned 20 July 2024) N Someck (resigned 9 September 2024) S M Walton (resigned 14 July 2025) Company Number 06379943 Charity Number 1121960 Registered Office New Burlington House 1075 Finchley Road London NW6 2EG Auditors Goldwins Limited 75 Maygrove Road West Hampstead London NW6 2EG
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (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 2024. 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 by making grants of money for providing or paying for items, services or facilities. The charities we support help with education and those living with trauma, mental health and loneliness. poverty and homelessness. as well as supporting vulnerable children, youth and women-at-risk and those with special needs. We raise money to support our selected charities to fulfil our objectives for public benefit and for beneficiaries at the local level. FINANCIAL REVIEW The company registered as a charity with The Charity 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 the charity can direct their donations towards a specific project run by the charity. Apart from general donations, the charity organises events in order to raise funds to further the objects of the charity. The charity raised £1,844,852 (31.12.2023: £1,741,304) in total for the period under review as shown in the Statement of Financial Activities, and spent £1,786,960 (31.12.2023: £1,257,267). This left funds available of £956.469 (31.12.2023: £898,577) 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 I trustees shown below have held office during the period from 1st January to the 31 St December 2024. L Berg (appointed 2 September 2024) M Carter (appointed 2 September 2024) P Charles (appointed 2 September 2024) C Fisher (appointed 18 March 2024) A Gerrard (resigned 22 July 2024) J Jayson (resigned 20 July 2024) N Someck (appointed 24 July 2023 and resigned 9 September 2024) R Taylor S M Walton (resigned 14 July 2024)
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS The charity is organised so that the trustees meet regularfy to manage its affairs. The Board has power to appoint additional trustees as it considers fit to do so. PRINCIPAL FUNDING SOURCES The charity fvnds 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 for a period of not less than 3 months. STATEMENTOFTRUSTEES, 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; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. 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.
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES AND DIRECTORS This report has been prepared in accordan with the special provisions of Part Vll of the Companies Act 2006 relating to small companies. ON BEHALF OFTHE BOARD: R Taylor- Chairman Date.. 9/25/2025
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MYISRAEL Opinion Wc havc auditcd thc financial statcmcnts of MYISRAEL for thc ycar cndcd 31 Deccmber 2024 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom A¢¢ounting Standards, including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Opinion on financial statements In our opinion the financial statemenls: give a true and fair view of the state of the charitable company's affairs as at 31 December 2024 and ot.its income and expenditure for the year then ended.. havc bccn propcrly prcpared in accordance with United Kingdom Generally Accepted Accounting Practicc. and havc bccn prcparcd in accordancc with thc rcquircmcnts of thc Companics Act 2006. Basis for opinion We conducted our audit in accordance with Internalional Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those slandards are further described in the Auditor's responsibilities for the audit of the financial stateinents section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit ot. the financial statements in the UK, includingi ihe FRC'S Ethical Standard and we have fulfilled our other ethical responsibilities in accordance wilh these requirements. We believe that ihe audit evidence we have obtained is sufficient and appropriate to Provide a basis for our opinion. Conclusions relating to going concern In auditingy the financial statements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied. we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast Significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months froin when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concem are described in the relevant sections of this report. Other information The trustees are responsible for the other infonnation. The other inforniation comprises the information included in the annual report other than the financial slateinents and our auditor's report thereon. Our opinion on the financial statements does not cover the other infomation and, except to the extent otherwise explicitly stated in our report, we do not express any fonn of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other infonnation and, in doing so, consider whether the other inforn]ation is materially inconsistent with the financial statements or our knowledge obtained in ihe audit or othenvise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detennine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have perfornied, we conclude that there is a material misstatement of this other inforniation, we are required to report that fact. We have nothing to report in this regard.
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MYISRAEL Opinion on other matter prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: thc infonnation givcn in thc trustccs, rcport (incorporating thc directors, rcport) for thc financial year for which the financial statements are prepared is consistent with the financial statements; and the trustees, report (incorporating the directors. report) has been prepared in accordance with applicablc legal rcquircmcnts. Matters on which we are required to report 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 misstatements in the Trustees, Annual Report. We have nothing to report in rcspcct of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion- adcquatc accounting rccords havc not bccn kcpt or rcturns adcquatc for our audit havc not bccn received from branches not visited by us- or the financial statemenls are not in agreemeni with the accounling records and returns. or certain disclosures of trustees, remuneraiion specified by law are nol Inade. or we have not received all ihe infomiaiion and explanaiions we iequire for our audit. Responsibilities of the trustees As explained more fully in the Trustees. Responsibilities Siatement, the trustees (who are also the directors of'the charitable company for the purposes of company law) are responsible for the preparation ot.the financial statements and for being satisfied that they give a true and fair view and for such iniernal control as they detennine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing. as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations. or have no realistic alternative but to do so. Our 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 mis.statement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high leNel of assurance, but is not a guarantee that an audit conductcd in accordance with ISAS (UK) will always dctcct a matcrial misstatcmcnt whcn it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect material misstateinents in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. In identifying and assessing rTSks of material misstatement in respect of iegUlaties, including fraud and non-compliance with laws and regulations, our procedures included the following:
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MYISRAEL We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to: idcntifying, cvaluating. and complying with laws and rcgulalions and whcthcr thcy were aware of any instances of non-compliance; Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud- The internal controls established to mitigate risks related to fraud OT non-compliance with laws and regulations. We inspected the minutcs of meetings of thosc chargcd with governance. We obtained an undcrslanding of the legal and regulatory framework that thc charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from OUT professional and scctor experience. We reviewed the financial statcmcnt disclosurcs and tcstcd thcse to supporting documcntation to assess compliance wilh applicablc laws and regulations. We perfomied analytical proccdures to idcntify any unusual or unexpected relationships that may indicate risks of material rnisslatement due to fraud. In addrcssing the risk of fraud through managcment override of conlrols, we tested the appropriateness of journal entries and other adjustinents. assessed whether the judgeinents made in making accounting eslimates are indicative of a potential bias and tested signiticant transactions that are unusual or those outside the norn]al course of business. A further description of our responsibilities for the audit of the financial slalements is located on the Financial Reporting Council's website at: [www.frc.org.uk/auditorsresponsibilities]. This description fornis part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 ot" Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we migiht state to the charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, t.or this report, or for the opinions we have fornied. Anthony Epton (Senior Statutory Auditor) for and on behalf of Goldwins Limited Statutory Auditor Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG 25 September 2025
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Statement of financial activities (incorporating an income and expenditure account) For the year ended 31 December 2024 Unrestricted Restricted funds funds 2024 2024 Totsl funds 2024 Total funds 2023 Note Income from: Donations receivable and income from events Interest Income 273.589 1,555,316 1,828,905 1,738,158 15,947 15,947 3,146 Total income 289,536 1,555,316 1,844,852 1,741,304 Expenditure on: Central operating costs Charitable activities: 87,857 87,857 149,856 Direct contributions towards administration expenses Conduit contributions towards charitable project Direct contributions towards charitable projects Totsl expenditure 205,919 205,919 136,337 302,031 302,031 328,556 1,191,153 1,191,153 642,518 293,776 1,493,184 1,786,960 1,257,267 Net income l {expenditure) before net gains I (losses) on Investments (4,240) 62,132 57,892 484,037 Net (loss} on investments Net Income l {expendlture) for the year (4,240) 62,132 57,892 484,037 Reconciliation of funds: Total funds brought forward 384,919 513,658 898,577 414,540 Total funds carried forward 12 380 679 575 790 956 469 898 577 All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE Balance sheet As at 31 December 2024 2024 2024 2023 2023 Note Current assets: Debtors Cash at bank and in hand 604.672 375,402 980.074 290,566 623,781 914,347 Liabilities: Creditors: amounts falling due within one year 10 23,605 15,770 Net current assets 956,469 898,577 Total net assets 956 469 898 577 Funds Restricted funds 12 575,790 513,658 Unrestricted funds.. General funds Total unrestricted funds 380,679 384.919 380,679 384,919 Total funds 956 469 898 577 21/9/2025 Approved by the trustees on ....................................and signed on their behalf by: R Taylor Chair Registered Charity no. 1121960 Company Registration No: 06379943 (England and Wales) The attached notes form part of the financial statements.
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Statement of cash flows For the ear ended 31 December 2024 Note 2024 2023 Net cash provided by l {used in) operating activities 12 {248,379) 267.110 Change in cash and cash equivalents in the year (248,379) 267,110 Cash and cash equivalents at the beginning of the year 623.781 356.671 Cash and cash equivalents at the end of the year 14 375,402 623.781 10
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the year ended 31 December 2024 Accounting policies a) Basis of preparation The financial statements have been prepared in accordance with 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 - effective 1 January 2019) - (Charities SORP FRS 102) and the Companies Act 2006. The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. b) Going concern The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting dale that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the nexl reporting period. c) Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. d) Donatlons of glfts, servlces and facllltles Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance wilh the Charities SORP (FRS 1021, volunteer time is not recognised so refer to the trustees, annual report for more information aboul their contribution. On receipt, donated gifts. professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. e) Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. fj Fund accountlng Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricled funds of the charity which Ihe trustees have decided al their discrelion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or ft)r specific projects being undertaken by the charity.
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the year ended 31 December 2024 Accounting policies (continued) g) Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluniary contributions to it, as well as the cost of any aclivities wilh a fundraising purpose. Expenditure on charitable activities includes the costs of delivering services to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expendilure was incurred. h) Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back Offi costs. finance and govemance costs which support the Trust's charitable activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. J) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. k) Cash at bank and In hand Cash at bank and cash in hand includes cash and short temi highly liquid investments with a short maturity of three months or less from the date of acquisilion or opening of the deposit or similar account. l) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. m) Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value wilh the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 12
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Detailed comparatives for the statement of financial activities Unrestricted Restricted funds funds 2023 2023 Total funds 2023 Income from: Donations receivable and income from events Interest Income 300.513 1,437,645 1,738,158 3.146 3,146 Total income 303,659 1,437,645 1,741,304 Expenditure on: Central operating costs 149,856 149,856 Direct contributions towards administration expense Conduit contributions towards charitable project Direct contributions towards charitable projects 136.337 136,337 328,556 642,518 328,556 642,518 Total expenditure 286,193 971,074 1,257,267 Net expenditure for the year 17,466 466,571 484,037 Reconclllation of funds: Total funds brought forward 367,453 47,087 414,540 Total funds carried forward 384 919 513 658 898 577 13
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 3 Income from donations Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Conduit funds 7 Plus Belt Ruth Ashkelon Foundation Barzilai hospital Central Library for the Blind Collier Community Centre Committee for Ethiopian Jews in Safed Gav Boys Heal the Children Ichud Shivat Zion IDFWO Israel Tennis Centre Kehillat Moriah Keren Olim Keren Raanana Kesher Kibbutz Alumim MUSE Alert Make a Wish Israel Metiv Netanya Foundation Reut Sderot School Supplies Sha'ar HaNegev Shlomi Council Shuva Brothers Soldier Welfare Sport Sderot Therapeutic Riding Centre 13,553 38,025 13,553 38.025 54,337 10,000 10,500 62,000 5,122 975 2,807 7,613 2,000 20,150 3,875 5,525 950 19,000 47,687 606 10,500 87,000 3,327 10.500 87,000 3,327 (146) 1,719 9,750 9,800 (146) 1,719 9,750 9,800 11,751 11,751 19,000 10,330 19,000 10.330 475 475 475 475 9,800 44,172 7,981 8,395 16,048 64,515 11,344 10,351 12,500 438,253 1,545 44 1,545 44 614 16,660 2,619 614 16,660 2,619 237,041 237,041 14
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Income from donations (continued) Project funds Unrestricted Restricted 2024 2024 Total 2024 Total 2023 Animal Angels Belt Daniella Bet Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel EAT (Pesia's Kitchen) Family Nest Forgotten People Fund Garage Home Base Imagine Jeremy's Circle Lemonade Fund Maslan Ml Campaigns Miriam's Dream Misholim Musicians of Tomorrow My Piece of the Puzzle PFIDF Respecs Shoham Sports Bridge to Education Sunrise Israel Susan's House Tikvot Unrestricted Income Yozmot Atid 6,810 8,215 6,810 8,215 3,089 21,848 188 11,609 21,713 15,866 15,866 3,577 3,577 261 261 2,225 2,225 17,309 17,309 3,479 3,479 10,005 10,005 6,108 6,108 568 568 3,926 3,926 50,411 50,411 9,829 9,829 10,500 10,500 193 193 1,079,541 1,079.541 8,046 16,515 7,185 27,622 11,459 3,063 5,908 4,878 9,046 513 810,823 188 4,618 3,873 6,020 3,628 18,083 10,742 15,154 282 1,658 4,959 9,700 108 25,138 3,628 18,083 10,742 15,154 282 1,658 4,959 9,700 108 25,138 273,589 5,396 2,035 9,750 2,714 408 300,513 36 273,589 1,318,275 1,591,864 1,299,905 273,589 Total Donations and Grants 273 589 1555 316 1828 905 1738 158 4 Income from investments Unrestricted Restricted Funds Funds 2024 2024 Total Funds 2024 Total Funds 2023 Bank interest 15,947 15.947 15,947 15,947 3,146 3,146 15
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL IA COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 5 Analysis of expenditure current year Basis of Cost of allocation raising funds Charitable Support and activities Governance costs Total 2024 Total 2023 Grants payable Campaign l Events General Office Insurance Marketing & fundraising Staff costs Bank charges and transaction fees Freelancing Travel costs Accountancy Auditors remuneration Sundry Direct Direct Direct Direct Direct Direct Direct Direct Direct Direct Direct Direct 1.584.184 1.584.184 1,107,411 537 4,404 7,355 9,783 426 518 73.539 63,125 63.950 48,035 20,123 11,577 24.593 1.746 381 6.000 6,000 4,126 4.235 6.426 1,786,960 1,257.267 537 7.355 426 73,539 63.950 20.123 24.593 1,746 381 2,179 6,000 4.126 1.699.103 81.431 Support costs 6.426 16,4261 Total expendituro 2024 87,857 1,699,103 1,786,960 Totsl expendituro 2023 144,787 1,112,480 1,257,267 Of the total 8xpendilure £1,493,184 was r8sITiCt8d12023.' £971,074) and £293,776 was unreslricled12023.' £286,193). 16
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Net income l (expenditure) for the year This is stated after charging l {creditingl-. 2024 2023 Auditor's remuneration 5,000 5,000 Analysls of staff costs, trustee remuneratlon and expenses, and the cost of key management personnel Stsff costs were as follows: 2024 2023 Salaries and wages 63,950 48,035 None of the employees received employee benefits in excess of £60.000 during the year {2023'. None). The total employee benefits including pension contributions of the key management personnel were Nil 12023- Nill. The charity Irustees were not paid or received any other benefits from employment with the charity in the year (2023- £nil) neither were they reimbursed expenses during the year (2023.. £nil>. No charity trustee received payment for professional or other services supplied to the charity (2023- £nil). Staff numbers The average number of employees (head count based on number of staff employed} during the year was 2 (2023: 2). Taxatlon The charitsble company is exempt from corporation tax as all its income is charitable and is applied for charitsble purposes. Debtors 2024 2023 Trade debtors Accrued income Prepayments and other debtors 41,101 97,763 151,702 290 566 53,356 551,316 604 672 10 Credilors: amounts falling due within one year 2024 2023 Trade creditors Deferred income Accruals 5.744 4.026 6,000 15,770 4,026 19,579 23,605 17
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 11 Analysis of net assets between funds Unrestricted Restricted Funds Funds Total funds Current assets Current liabilities Net assets at the end of the year 404,284 23,605 380.679 575,790 980,074 23,605 956,469 575,790 Analysis of net assets between funds for the previous year Unrestrl¢ted Restrlcted Funds Funds Total funds Current assets Current liabilities Net assets at the end of the year 400,689 15,770 384.919 513,658 914,347 15,770 898,577 513,658 12 Movements In funds for the current year Transfers 1 January Income and from Ml Expenses 31 December 2024 galns Campalgns and losses 2024 Restrlcted funds Condult funds 7 Plus Beith Ruth Central Library for the Blind Collier Community Centre Committee for Ethiopian Jews in Safe Heal the Children Ichud Shivat Zion IDFWO Israel Tennis Centre Keren Olim Keren Raanana Kesh8r Kibbutz Alumim Make a Wish Israel Metiv Reut Sderot School Supplies Sha'ar HaNegev Shuva Brothers Soldier Welfare Sport Sderot Total Conduit funds 13,553 38,025 10,500 87.000 3.327 (146) 1.719 9.750 9.800 11,751 (13,553} (38,025} (11,250} (87,000} (3,545} (2,661 } (5,282} (9,750} (9,800} (11,751} 1452} (19,000) 750 218 2.807 3.563 452 19.000 10.330 475 475 1,545 47.687 58,017 1475} 1475} (45,717) (4,281) (8,395} (1,432} {24,643} 4,544 (302,031) 44,172 4.237 8.395 818 7.983 1,925 123,007 614 16.660 2,619 237,041 58,017 18
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Movements in funds for the current year (Continued) Transfers from Ml Expenses 31 December Campaigns and losses 2024 1 January Income and 2024 gains Project funds Animal Angels Belt Daniella Bet Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel EAT {Pesia's Kitchen) Family Nest Forgotten People Fund Garage Home Base Imagine Jeremy's Circle Lemonade Fund Maslan Ml Campaigns Miriam's Dream Misholim Musicians of Tomorrow My Piece of the Puzzle PFIDF Respecs Shoham Sports Bridge to Education Sunrise Israel Susan's House Tikvot Yozmot Atid Total Projecl funds 71 5,543 376 2,403 6,810 8,215 75,401 16,773 (376} 22,769 45,196 51,553 40,223 17,039 28,670 16,288 29,604 24,598 53,159 50,507 (82,282) (30,531 } 15,866 3,577 261 2,225 17,309 3.479 10.005 6.108 568 3.926 50.411 9.829 10.500 193 1.079.541 (41,038} (48,773} (51,814} (42,448} (34,649} (32,149} (26,293} (35,712} (25,166} (57,085} {100.918} (9.988} 26.998 (37.498} 42.446 (42,639) (726,662} (212,493) 466 165 2.762 2,603 373.071 376 513,457 376 3.628 18.083 10.742 15,154 282 1,658 4,959 9,700 108 25,138 58,165 2,136 8,312 43,973 2,088 25,239 19,807 (61,793) (19,819) (24,111) (59,127} (2,088) (26,897) (24,766) (9,700) (26,238} (25,138} 481 5,057 881 282 26,130 36 390,651 36 1,318,275 11,191,153) 517,773 Total Restricted Funds 513,658 1,555,316 1,493,184 575,790 Unrestrlcted funds 384,919 289,536 293,776 380,679 Total funds 898,577 1,844,852 1,786,960 956,469 19
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 12 Movements in funds for the previous year Transfers from Ml Expenses 31 December Campaigns and losses 2023 1 January Income and 2023 gains Restricted funds: Conduit funds Ashkelon Foundation Barzilai hospital Central Library for the Blind Collier Community Centre Committee for Ethiopian Jews in Safe Ezrat Achim Gav Boys Heal the Children Ichud Shivat Zion IDFWO Israel Tennis Centre Kehillat Moriah Keren Olim Keren Raanana Kesh8r Kibbutz Alumim MUSE Alert Netanya Foundation Reut Sderot School Supplies Sha'ar HaNegev Shlomi Council Shuva Brothers Soldier Welfare Sport Sderot Therapeutic Riding Centre Total Conduit funds 54,337 10.000 10,500 62.000 5,122 (54,337} (10,000} (9,750} (62,000} (7,740} (10,473} 1975) 750 2,836 218 10,473 975 2.807 7.613 2.000 20.150 3.875 5.525 950 19.000 47.687 606 9.800 44,172 7.981 8.395 16,048 64,515 11,344 10,351 12,500 438,253 2,807 3,563 (4,050} (2,000} (20.150} (3.875} (5.525} 1498) (19,000) 452 47,687 1606) (9,800) 44,172 4,237 8,395 (3,744) (16,048) (63,697) (3,361) (8,426} 12,500 {328,555} 818 7,983 1,925 2,836 10,473 123,007 Project funds Animal Angels Belt Daniella Bet Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel EAT {Pesia's Kil¢hen) Family Nest Forgolten People Fund Garage PFDIF - Partners of Fallen Soldiers Home Base Imagine Jeremy's Circle 3,089 21,848 188 11,609 21,713 19,333 25,700 (22,351) (42,005) 71 5,543 376 2,403 188 24,337 28,136 23,373 13,110 (33,543) {49,849} (24,659} (59,258) (16,427) (31,495) (51,447) (12,050} (26,675) (2,107) (42,736} (32,962} (6,794} 437 38.102 378 8,046 16,515 7,185 27,622 11,459 3,063 466 24,310 23,825 591 23,612 2,107 36,828 28,084 5,908 4,878 9,046 510 2.762 20
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Movements in funds for the previous year (Continued) Transfers from Ml Expenses 31 December Campaigns and losses 2023 2,084 (2,084} 16,594 (17,107) (427,825} (14,365} 1 January Income and 2023 gains Kaima Farm Lemonade Fund Ml Campaigns Miriam's Dream Misholim Musicians of Tomorrow My Piece of the Puzzle Sahar Shoham Sports Bridge to Education Sunrise Israel Susan's House Ten Gav Tikvot Yozmot Atid Total Project funds 513 810,823 188 4,618 3,873 6,020 4,438 188 373,071 376 26,902 1,183 16,202 10,473 26,222 19,173 (31,520) (4,575} (17,165} (10,473} (31,618} (21,208} (9,750} (22,253} (5,634} 1409} 481 5,057 5,396 2,035 9,750 2,714 19,539 5,634 10 408 36 999,392 36 390,651 44,251 (10,473) {642,519} Total Restrlcted funds 47,087 1,437,645 971,074 513,658 Total Unrestrlcted funds 367.453 303,659 286,193 384,919 Total funds 414,540 1,741,304 1,257,267 898,577 Purpose of restrlcted funds (Contlnued) Name of Fund Descrlptlon, nature and purpose of the fund Animal Angels Committed to healing and rehabilitsting humans and animals. Belt Daniella Rehabilitating young people with mental health challenges safely back into their families and communities. Providing hot food for underprivileged families. Centre that provides emotional therapy and support to families in crisis and distress. Urgent renovations for homes in distress. To create handicrafts for elderly peoples centre. Councillors for troubled teenagers. Dental care for under privileged children. Rescues produce from restaurants and supermarkets, to distribute to shelters and other needy populations. Centre for women and families at risk in Ashkelon. Relief for struggling Ethiopian families. Art preparation course for adults with mentsl health problems. Providing psychological and emotional support to the unmarried partners of fallen IDF soldiers. Support for a football team, women's choir, private lockers, and a street clinic for the homeless in Jerusalem. Enabling children with all types of special needs to improve their lives through musical aclivities. Helping the children of families affected by cancer. Organic farm which supports at risk teenagers. Belt Shean Foodbank Bet Yossi Building Hope Click Crossroads Dental Volunteers for Israel EAT {Pesia's Kitchen) Family Nest Forgotten People Fund Garage PFIDF - Partners of Fallen Soldiers Home Base Imagine Jeremy's Circle KAIMA Farm 21
Docusign Envelope ID.. 9AE09798-6CB9448A-B344-781 DDA078DD4 MYISRAEL (A COMPANY LIMITED BY GUARANTEE) Notes to the financial statements For the ear ended 31 December 2024 Purpose of restricted funds: Name of Fund Lemonade Fund Description, nature and purpose of the fund Financial grants to breast cancer patients experiencing financial difficulty. Rape crisis centre. Independent living for adults with severe physical disabilities. Art therapy for children with communication problems. Provides tuition to musically gifted children living in the northern Israel. Maslan Miriam's Dream Misholim Musicians of Tomorrow My Piece of the Puzzle Camps and activities for youth-at-risk and children with special needs. Project Fund Allocated by teamltrustees to projects most deemed in need at that time. Low cost glasses for people in need. Offering academic skills and training to Ethiopian youth-at-risk. Empowering youth-al-risk Ihrough tailor made sports programmes. Respecs Shoham Sports Bridge to Education Sunrise Israel Susan's House Runs various recreational programmes for children wilh Canr. Motivating and inspiring teens-al-risk through artistic & vocational training. Sports therapy for terror victims. Mentoring Yrnen from low socie¢on0miC situations to develop small Tikvot Yozmot Atid 13 Reconclllatlon of net Income l (expendlturel to nel cash flow from operatlng actlvllles 2024 2023 Net Income for tho reportlng perlod (as per the statement of financlal actlvltles) Increasel (decrease) in debtors Increasel (decrease) in creditors Net cash provlded by l (used In) operatlng actlvltles 57,892 484,037 {314,106} 7,835 248,379 (221,2491 4,322 267,110 14 Analysis of cash and cash equivalents Al the start of the year Cash flows Other At the end of changes the year Cash at bank and in hand 623,781 (248,379} 375,402 Total cash and cash equivalents 623.781 248.379 375.402 Cash at bank and in hand is represented by Unrestricted Restricted Funds Funds 66,192 (22,991 } 9,753 162,448 160,000 398 393 Total funds 2024 43,201 9,753 162,448 160,000 375 402 Natwest Natwest savings Natwest 95 days savings Israel bonds 15 Related party transactions The trustees made donations of for the year in the sum of £18,909 (2023: £20,107). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. 22