Do¢u*gn Enbtw ID.. 23FE(WC.5B4F470&AO12iLX￿SM￿c BERNARD LEWIS FAMILY CHARITABLE TRUST TRUSTEES, REPORT AND FINANCIAL STATEMEYTS YEAR ENDED 31 DECEMBER 21)LI REGI&4TERED CHARITY NUMBER 1125035 CwtsbJn Ernftknpe ID.. 23FEc8D￿w47&trA042￿cIJC￿ BERNARD LEWIS FAMILY CHARITABLE TRUST Trus￿F￿ Caroline Grain8e Clive ttwis REGISTERED ADDRESS Seymour Mews House 2&27 Seymour Mews London WIH6BN AUDITOR KMX Cropper LLP Fk￿r 5 65 ixadenhall Stred EC3A 2AD BANKERS Ba￿1¥y$ Bank Pl¢ Strand Lei¢¢ster L¢i¢e$tershi LE87 2BB INVESTME￿ MANAGERS Stonelw Flcrning Investsnent Management Limit 15 Suffolk Strcrt IATrn&>n 5WIY4HG t)orulgn Erweky10.. 23FE¢JetL-WF47O>A042-CQLE)￿c BERNARD LEWIS FAMILY CHAIUTABLE TRusr TRUSTEES, REPORT AND FtNANCIAL STATEMEKrs forth¢ yur ended 31 D¢eembeT 2023 Contents Statement of Trumees. resrthsiTr*ilities in res￿ of the Tn￿te¢s. annual ryrt the financial statements Irwjwdent auditor's rep)rt S) the Tru5teesofthe Bernard LAwi5 Tr•mily Charitable Tru Slat¢mEnt o(financi41 ￿1vIll¢S 10 Sts*ment of financial Fvsition Ststrm¢m of e4sh tlows 12 Notes forniing pan of the fin•n¢soJ sw¢m¢nts Docu¥vJn Envekjpe ID.. 23FEOBt￿584F47o>￿12-c￿D58&4SBEc BERNARD LEWIS FAMILY CHARITABLE TRusr TRUSTEES, AIYNUAL REPORT for the yeAr ended 31 DeCe￿ber 2023 The tTUSttts present theiT retK>rt and financial st￿eMentS of the charity for the year e¥yled 31 December 2023. The financial statemen¢s have been p￿rATed in aCCOTdance with the ￿0Un11ng w)licies Set out in Nk)te I to the accounts and comply with the chariiy's tThst deal. the Charities Act 2011 and Accounling and KeFX)rting by Charitie$'. Stmemem of Recommended Practice applicable to charÈties prepuing their xcounts in a￿Ord￿nCE with ihe Financial Reporting Standard applic8ble io the UK and R¢publi¢ of Ir¢land (FRS 1021 effectiv¢ l January 2019. Strutture? cov¢rn4n¢¢ aud m•Trageme*t The B¢rnard L¢wi$ Farnily Chuitsble Tru￿ nhe Tr￿-) is a r¢8iStered chtrity. number 1125035 and is ¢onslitut¢d by a Deed of TrnI￿ dated 12 June 2008. The Tntst does Th)t inviic donalions from m¢rnb¢￿ gf the general public. The TnL51 athi¢ves its objeaives maiftty by m•king grants ty othtr th￿]￿ble institijtiong and deg¢rvin8 cau5e5. New tru$ie¢$ are Bppointed by thc 5ettlorofihe Trusi BrAfwd txwis, during his lifetime, &nd thereaft¢rby unanimou5 approval of the twst¢es. On apwjintment of the new tru￿¢¢& one of th¢ ¢xis1inÉ trustees explains to the new trustee thc dcci5ion-making proc￿5 of th¢ Trust #nd provides an overviewof the adrninistyative procedures employed by the Trull. Th¢ Irugtees mea ￿ regular intervals kn di5CU55 and C￿sId￿ the of th¢ Trust's funding. re5crvcs. risks, inveslmcnts and grant making. The administration of 8rnnts thc processing and handlingofapplieations is carried out by ¢rnployee5 of Lewis Trusi Group Limita and RÉver Island Clothin8 Co. Limited. The s¢rvic¢s provided by thes¢ employerf Art included in the TnLSt &8 a gifl in kind. Th¢ Trust Iw only one paid ernpioyee. The trU￿te3 list¢d below held offi¢¢ during the year and to the datr of this re￿rt.. Bernard Ltws Caroline Grain¥e Cli%'e Lewis Leonard L¢wis Objedlves ind Afliviti The Trust was established to exprr5s the clwitable intrMion5 of nKmbers Of the family of Bunard Lewis l*h¢ setilof.), which includes Bernard Lcwi5. Clivc Lcwi% L¢onard L¢wi& Caroline Grnin8e and certain comp￿Ie$ thAi they own iosether wilh other ffl¢mbews of the Lewi$ Family. Inwme ond capital of the Tru￿ is to be usoj. in whol¢ ff P•TL exclusively for the bNJefft of ¢haritsble purp05¢5 St the disuetion of th¢ trustees. The thJst¢¢$ have referred to the Charity Commission's guid2nce on Public Brncfrt with due reg￿d Mthen T¢vi¢wing lh¢ iypr of artLVities the TTUSt slK)uld undcrtakc. The Tft￿ lin￿ to Fffovide support for * range of ¢haritsbl¢ cuuse5 in th¢ publi¢ b¢nefi( in¢ludin8 Ln the aru8 described in the Achievements ￿rfOrn￿￿t section below. Th¢ lelally pern)itted objectives we wide and 8eDernlly accepted dwi¢able objeclivcx. Grsnt mgkini pol The main ar￿ the TTUSI funds are child health, child developrneffl and disability, m¢ntsl health, racial equity, displattd pu)ple. ￿￿e#ll0n the Jewish communily. Bui new #reas are consideTpJ regularly. The Tryst h& established its grant maknng policy to ￿hl¢ve its obj¢¢iivu for the public btnefiL Various ¢harities submit their request for ¢on5ideration of a grani io the Trus¢ atMI decis￿n$ of approval of yants att made at trustee me¢rib)gs, wilh consideration of whetherthe requests meet the Tr￿￿¢,5 aims arbd obj¢ciives. Gr8n(5 provided may ￿ 5in8le payments. or for 2Q years. A large number of ￿ants sre unrc5trirtcd. whilst some arc restrictd to specific pro8rarnme5 or areas of rnedical restarch to ertsure that funds are be￿ targeted to rnect the ¢I￿n￿b]e objective5 ofthe Tn]st. DopJsb3n En¥tloFe ID.. 23FE0BL￿sB4F4703-AO42-CC￿￿sq8BEC BERNARD L£WJS FAMILY CIIARITABLE TRUST TRUSTEES, ANNUAL REPORT for the year eTrded 31 December 21￿ (ton11nTA￿) Aeblevements and wrfonn•Thce The main Charitsble a¢tiviiies fiJTh4a by th¢ Trust by of gr8Jtts activili¢s undertaken directly (l￿1￿11n$ A]Ioc8t¢d support costs And governance costs) durhng the year a￿.. £762,212 for medical 8cneral supTxJr4 £46,056 for child and social care: £50.924 for support for the elderly: £2.301.786 for educ￿10￿0] support.. £242,41JJ for Jewish community 5UPIKJr4 th4 £2.737,977 for general funding. The list of provided durin8 ihe year is included in the analysi$ of chwitsble activities (Note 4). Th¢ objectives of beneficiaries of the grants are in line with ￿ objeA042iCrf)L￿￿ BERNARD LEWIS FAMILY CHARITABLE TRusr TRUSTEFS. ANIYUAL REPORT forthe ye•r ended 31 Dtcernber 2•23 (continued) Investrnent perfornMfjee Return on inveS￿ents for th¢ year was in line T￿1 expects￿S and the c•pitsl Wal￿ of th¢ p)rtfolw wnlinued tt> Plang for futur¢ p¢riods The Tntst has an adequate fund balance to meet the T￿￿,9 ¢ommitsKnts forihe fDlkJwin8yegr. ThE Truste¢s inttnd to increase steadily over the next few year5. Reserves are Sd io cover the commylments rn￿e and opcrating eost$ for the period of committed tqsuming no further iticome is receiv￿. The Trustees intend to maintain T￿erVeS levels. The investments ue rtviewed re8ularly with a vin¥ to rnaintsin th¢ income level without unwtable investment risk. Rl•ks •nd prln£lpAI uncertlllmtks Rlsk maffj*yJnent The primary risks fa¢ed by the Th￿1 are perfornwKe of investh)ents and c8pT£ity of the TN51 to mak¢ ¢ffKIiv¢ grants. The major finAnciE41 risks of ¢he Tnw we the UTK¢rfainty of the donthion from L¢wiB Tnth Group Limitd and the vari￿11¢ry of inveslmem retunL8. The irullees re8ularly hold di5CUSSiOM to c4)nsid¢r 88r¢e •ction plans to mwe mitigale the risks relaling lo in¢om¢ and th¢ value and natUTC of 115 invCslm￿ts. Prnfessional advice with regtrds to investments is sou8ht from Stonehage Fl¢rning Investrn¢m ￿￿￿eMent Limited. Reserves Polky Given the expected flu￿Y8t1QIL8 in don￿lon5 TEetiTrtd and investhiem inwme, the TnL8t's policy 15 to Tttain • suificicnt Icvcl OffU￿1$ as a me•swe of wntinyity in 511PPOrtin8 the elwi18ble bodi¢5, to which 8rants #re givert. Th¢ y￿U¢ of fvnds held by ihe Tn￿ for ihe financial y¢•r 1$ £4.900 351 {2022: £4J86,073). This level of funds enables the Trustees lo ￿hl¢ve the Aims ar￿ objKiivw of th¢ Trhtst Witho￿ being wlK)Ily reliant on th¢ r¢c¢ipl of fuiur¢ donations. Reserves ve set to wer the commilTnent5 made and opernting costs for the period of wmmitted wts, as8umin8 tK) further income is received. Th¢ Trustees inteT¥J to rnwintain reserves levels. Cliv¢ Lxwis- Trustee S¢ymour Mew5 H0￿C 26-27 Seymour M¢ Lonth)n WIH 6BN Date: 26 September 2024 Dc•)J$￿￿ E￿￿CPe ID.. 23FEOBD&5B4F470>AD¢2-CWD5&5￿E¢ BERNARD LEWIS FAMILY CHAIUTABLE TRusr srATEMENf OF TRUSTEES. RESPONSIBILTfi&s IN R&SPEcf OF THE TRUSTEES, AI¥NUAL REPORT AND THE FIN.4NCIAL sfATEMET (or the yur ended 31 Deztmbtr 2023 The TNstee$ are Ttspx)nsible for prepamg the Ann￿￿ re￿[ and the fin￿￿]8] stthrne￿ in a￿ordANce with appIl￿ble law at)d regulaiions. Ch￿lty law requirts the Trusttts to prtpare firwKiai statements for eath year in aCWTda￿C with United Kingdom Genw￿]Y A￿¢PIed Acwunting Prartice Iunitcd Kingdorn Awunting Standards And applicable law). Under ¢harity lawth¢ Trustees rn￿1 ￿1 approv¢ the fi[￿￿]￿1 $￿ernents unle5sth¢y are satisfied they 8iv¢ atye and fairview ofthe stateof affairs of tbecharity al￿Or the incornin8resources and applicationof resoure4 includin the incom¢ 8nd exptnditwe. of the charity forth* period. In weparin8 these fin8rKial ststemcn￿ ihe TnL8te¢s •re TequiMI kn: sele¢1 $yitable Ac¢ohtnling plieies And then 8pply them eonsistently* make jud8ements wl eJrim*$ tht are Tewonable and WLxknL' stste whether appli￿1¢ UK A￿WIlln8 StaDdards aTrJ the Ststement of Recommende41 Practice have been followed, subjeci ￿ any maleri81 departures dis¢losed and explained in ihe fiTMncial statements: state whether the finarKiai ststements cornply wilh the trNsi deed, subject to any m¥l¢rhal departure8 disclosed and explained in the financial statemit and prepare the fimncial stitern¢nti on the 8oin8 e4Jntern btlis ujltss il 1$ inappropriate to presume that the charity wll continue in business. The T￿$t￿5 ￿¢ resi¥)fLyibl¢ foT k¢¢pin8 ad¢qu*¢ xwwjting Tcwrd5 that ￿ 5ufficieni to sknw and explain ihe charity's trdnshciions and disclose wilh re4son8bl¢ Kcwacy ￿ any time ihe financÉal F¥)Sition of the Chrity and en8blt them io ensure th￿ fintttKiai $tslcm¢nts ¢omply with th¢Charitics Aci 2011. Thty ar¢ also re4￿nsible for sttfeguArdin8 the assets of the charity and hence for thkin8 rtag)nAble steps for the pr¢v¢niion ond deteeiion of fraud atml Other iTregulttrities. The Trusiees who held olYLce ￿ ihe dale of &PPToval of this Teport confimi ihok so far as ihey Are &wore. ihere 1$ no relevthi ludii infonmtion of which the charity'5 audiwr5 are unaware. E&ch I'rustee has taken all the steps that Ihey ought to have tokert to make them5elve$ 4waTe of any relevant audit infornotion and to establish the chaTity's I￿111L￿5 Ire aware of infonnatiott. Docu4rb Er￿￿knpe ID.. 22FEOBDC.5B4F4703.A0424IXID585A8BEC BERNARD LEWIS FAMILY CHARITABLE TRusr INDEPENDLNT AUDJTORS REPORT TO TRu￿EE5 OF BERNARD LEWIS FAMILY CHARTABLE TRUST for the ytsr tnded 31 December 2023 Opinion Wc h•v¢ audit&J the fimncial staternents of Bernard Lcwis Family Charitsbl¢ Trust {tht'tharity') ftsr the year ended 31 fkcember 2023 which comprise the Ststement of FinwKial Activities, Siat¢ment of FinaTKial Position. Statement of Cash Flow5 and rnle5 to financial stsi¢men￿ includin8 a summary of significanl awunting policies. Ttle ftnancial retM)rtin8 framework that has been applied in their preparation is applicable law and Unitd Kingdom Accounting Standards (United Kingdom Generdlly Accepted Ac¢ouniing Prxthcel, including Financill Rerthin8 Stsndard 102 Th¢ Finan¢ial Repjrting St*￿ard applicable tn the LK and Republi¢ ofireland,. In ouropinion the finamciaj 5tatements= give a In￿ and fair view of th¢ slate of the charity'5 affairs &s ￿ 31 Ikc¢mb¢r 2023 of its incoming resource5 and applicaliorb of resources, for tk year then ended. have been Pro￿rIY PTcparcd in a¢Gord8nce with Unttd Kingdom Gener8ily Accep1￿ A¢counlin8 Pr8clice. in¢ludin8 Financial Rewting sI￿d￿d 102 Tr Find￿141 RerA)rtin8 st￿l￿d appli￿le in the UK and Republi¢ of Ireland,: 4nd have been Prepar￿ in 8¢cordance with th¢ requirtMet￿ of Charities Act 2011. B*819 for oplnlo• We condurted our audit in wCOId￿¢t with It)*maiioDal Stinduds on Audiiing (UK) IISA5 (UK)) and applic&blé law. Our responsibilities under those staTwJ#rds 8re further d￿ribed in the A￿JItors. responsibilities for the oudi¢ of the financial siatements JKlion of our Teixjrt. We ue indepeTrJ¢ni of ih¢ charity in aceordan¢e with ihe eihical requirements thal are rtlevant to our4￿￿11 of th¢ financial 51atements in the UK. I￿ludIng th¢ FRC'5 Ethical Stond&rd, and we h¥ve fvlfilled our othcr rthicDi responsibiliri¢s in ¥cothnee wth requir¢m¢nts. We beli¢vt that the audit evid¢n¢e we have obtained is sufficieni ond appropripte to pmvide a basis for our opinion. ConcluJlon8 reladnl to iolDg VIDeern In auditlllg the financial siat¢ments. have COTKludrd tht the trustees. we of the 8oin8 concern b￿18 of ￿CoUntIng in the prtP&rniion of the fin8neial It￿MentS is thppropriate. B￿¢d on the work we have wforn)ed have identified any m￿erial un¢¢rtainlie5 relating to events or nditi¢)n5 that, individuaily or wlle¢tively, may ¢Jst Si8nifbcanl ￿tsu￿ on the charrry's ability to continue as a 8oin8 concern for a P¢Tiod of it leth iwèlve months from then the finkncial sial¢ments are •uthoris¢d for i￿￿e. Our resp)nsibiliti¢s aTMI the resFonsibilities of ih¢ tru5ttt5 with resped w going ¢on¢ern are d¢wib¢d in th¢ r¢levanl Se¢tio￿ of this repcKI. Oih¢r inform*tion The tNste¢5 or¢ r¢5w>nsible ftir the othtt information. The other inf0rn181iOt) comprises the infortnation ineluded irt th¢ Annu81 Rem other the financial siat¢m¢nis and our Rwrt of the Indep￿¥￿ent Auditors there￿n. Our opinion on the financial staterncnts docs cover th¢ other infonnatkon antl except to th¢ extent oth¢n¥is¢ explicitly Stated in our reFk)Ti w¢ do rM)t express any fomi of ossurance wnclusion thereon. In cotmection with our audit of th¢ financial staiements, our rtsp)nsibilil)' is W Te4d the other infomatioll and, Lll doing so. con$ider whefh¢r the other infornjation 15 materially iwnsistent with the financial staternet￿ or our knowled8c obtained in ihe audit or otherwise appcars to bc mtterially misstst¢d. If we identify such material inconsistencies or YippaTtiit material missial¢ment& we are required to ddemiine whether this gives rise to a material MISSt￿¢m¢nl in the financtal statrments themselves. IC based onthe work we have perfOrn￿d, w¢ ¢on¢lud¢thg¢ iheTe is a material Miss￿eMent of tlus othEr inforniation. awe required to rwrt that fact. We hve nothing to report in this regard. DouJs¥n Ervd￿e ID.. 23FE0BEC-5B4F470>A￿-cOOD￿I8Ec BERNARD IIWIS FAMILY CHARITABLE TRUST INDEPEIYDENT AUDITORS REPORT TO TrUSTEES OF BERNARD LEWIS FAMILY CHARTABLE TRUST for the yur ended JJ Deeembtr 2023 M8rteTS on which w¢ AT¢ req￿lTed to r¢port by u<¢ptwu We have nothing lo report in iesF¢¢t ofthe following matter5 wbere the Cbarities (Accounts 8JMI Rem) Regul￿10n$ 2008 requires us to report to you 1£ in our opinion.. Ihe inforn￿tIOn 8iYen in the Report of thc Trustets is I￿0￿5•5￿1 in wjy ti￿CTi￿ respect ￿ the financial stÉtcments- or sufficienl aw)untin8 rwords kne Try been kew" or the f￿a￿l81 slat¢m¢nts ar¢ noi in agrttm¢nt with the WI￿ntIng r¢￿d5 and reiums: or we have noi received all the infommion and explanations we wuire for ow ¥Jlit. RtAptsn#lbllltlo• of truth A5 explained Th)TC fully in the Statcmcnt of TT￿￿teCS. Rewn5ibilttie5. the trustees are Tesponsible for th¢ prtparntioJJ orth¢ fiJwi¢ial slatements whi¢h Biv¢ 8 fair view, for such internttl eontml ￿ the tru￿rts dc¢crmine 15 n¢c¢Jsary ¢0 enabl¢ the weparation of fina￿111 Stat￿nents that ar¢ frc¢ fmm rnNt¢Ti•I misstat¢menL whether due to fraud or error. In preparin8 the fit)anCI￿ ststements, the trus*es are responsible for assessing the Charity's ability io wntinue 8$ going concern, disclosin8, as appli￿b￿ matters rel￿￿ to going Co￿¢rn aNI using ihc 8oin8 ￿nCern basis of aCeOLmting unless the tr￿￿e¢S either intrnd w liquid￿¢ the charity or to ceue operntions or hav¢ no realistic tern￿1ve but to do so. Our resptsmlbllStlts for th* th￿dIt of the fubAthd*l rt#temeuJts ' We hwve been apwjinted ￿ audiioT5 undcT se￿iDn 144 of the Chfiriiies ALM 2011 knd reixmt in accoTdance with th¢ Act and relevant regul*ions mad¢ or hlving ¢ffed th¢T¢und¢r. r objectives are to ottsin reasonable wuranc¢ alMii whether the financial ststements as a wknk Brc free from material mi5s1a*meni. whdher due ￿ fraud or errc¢. and ￿ issue 8 R¢wJrf of th¢ Indepcndcnt Auditors that includes our opinton. Re&8on8ble ossurance is • high level of Bssuranee, is Mt a 8uarsntre th&t an atyjit in ac￿rdance wilh ISA$ (UK) will dways detrct a Maw1￿ mi5Ma*m¢Di wh¢D it exists. Misstakmenis vise from fraud oreYYor and are con$id¢red mjteriai if. indiwdwllly or in the ag8re88t¢. they could reasonably bc expectcd to influence the ec0￿MI¢ decisions of users taken on the basis of thcse financial stsiements. Irregularities. including fraud, vt insthtKes of rV)nd￿MplIanCe wth laws and ￿gUlatIonS. We design pn)cedure$ in lirte with our reswn5ibilits¢s. o￿lIfted a￿¥¢, ￿ dricct makriai missiatements in rEspeet of irrt8ul&ritie& including fraud. The exterbt to which our pn)cedurts eapable of det¢ain8 irregulariiies, in¢l￿1n8 frBud is ddailed below: W¢ obtsined an undeTsthndin8ofthe legal and regulatory fr4mework5 thal ¥r¢ gpplicable to the Charity deterni1￿d that the rnost 5i8nificant aTe the Financiaj ReTX>rtin8 Ststmlard 102 The Finon¢i&l ReFoAins Standard applicable in the UK and Republi¢ of Ir¢land' (Unikd Kingdom Gener￿lY Accepted AccouniinB Pradi¢e). We undeNood how the Charity 1$ ￿mplyIng With those frnmew)Tks via conwnunication with thos¢ ¢h8Tg¢d with govemance. together with the review of th¢ Clwil￿3 th¢wn¢nted policies ty] PTocrdure5. We we55cd the Susceptibility of the Charity's financial S￿eMents mis5tsternent. including how fraud might ¢xcur by considering the key risks impxting the finan¢ia] 5tlltements. These includgj riskg associated with Revrnue Recognition and MaMgemeN override of Contro15. which werc disCUS5ed and a8reed by the audil team (lur approach includ¢d a8r¢eing the clwity's wition of income to underlyin8 SUPPOrt the review of journal entries processed in accountin8 reLX)rds and the investigation of si￿]fiCant and unusual uansactions identified from our review of the accountin8 Tel￿. Based on this understhnding we designa our othlii prrKedures to identify nonvwmpiianc* with $u¢h laws and TEgulations. pYo¢edwes iDvol¥ed review of the reFrt)nin8 to the dir¢¢tor5 with respect to the application of the do¢LmieN¢d poli¢ies and t￿￿edureS and review of the fina￿18] ststernents to ensure ¢omplianc¢ wiib the r¢Fwting r¢quirem¢ntsof the C￿rity. En¥Ebpe ID.. 23FE0B￿sB4F47Ct￿AO42exr ended 31 December 2023 2023 UnT¢s¢ricted 2022 UnreJ¢rirted Futtds Ineomt from: Donations Invcstment ineorne Total 6.025,Crf)O 196.467 15.OJO 119953 134 953 Exp¢ndltur¢ on: Chariiable activities Totsl 6 141355 6 141355 5252 405 8aiThsI(losses) on inwertments N•t Inco￿tI(eX￿endhllTe) 234 166 314.278 (5.763,397) Re¢on¢ili•tion of funth: Total fvnds broyght forward TotAI thnd$ c•rrled forward 4 586 073 4.900 351 10349470 4 586.073 All amounts relate to continuing oFMions. All funds are unrestricted. All gains and lossts T¢¢0￿15¢d in th¢ ytsr ar¢ in¢luded in the St8t¢m¢nt of Finan¢ial Activities. The notes on pa8¢s 12 w 20 form part of these fllw*ial 1￿Mellts. DouJ*gn Envekpe ID.. 23FEOP￿.584F47o￿Ao42.c[1x)S BKRNARD LEWIS FAMILY CHAR￿ABLE TRusr STATEMENT OF FINAYCIAL POSITION •5 8t 31 Dettmber 21123 Note 2023 2022 Flxed ￿sets Fixed and variabl¢ intere8t sKurities SJ99,447 5.148.941 Curr¢nt assets Other debtors lOve￿mentS {bank de￿51t xcounts) Cash ot bznk 13.079 2.584.420 771.080 3 J68J79 20,520 1,193.104 .975.188 Credi¢t)r3: fAlllng due wlthlTr one yMr 2 7Y2 925 1 $98,056 Net eurrent *Mets 575 654 5.975.101 377 132 5526.073 Credlton: AmouTrts (Alllnt due ifttr mort th*n one yeAr Grants paywble (1,074.750) (940,000> Net 4 586 073 In¢ome funth UnT¢Stri¢icd funds The N¢¢5 on w8¢$ 12 to 20 fonn part of these finwKio1 ￿ern￿ts. The finan¢ia] statements ¥proTrfed by the iThste¢5 and ¥u¢1th)ri￿ for issue on 26 SeptemE¢r 2024. Clive Lewis TnL8tcc 10 Ooutyign Erhvew ID.. 23FEc￿￿5￿4F470￿I￿2￿CK¥J58 BERYI ARD LEWIS FAMILY CIIARITABLE TRUST STATEMEliT OF CASH FLOWS #S At 31 December 2023 2023 2022 liote Total funth Total fundi usb prnvlded byl{uxed itt) optrntinl *etivlti¢J 1.213.763 13.187.884) Cash llowa trom Invtathig *ethltkn: Divid¢nd5 aThd interests frorn investments Purchase of investments Procttds from sale of investM￿ty Net t*$h uled In InveJtlDg •etlvltks 203.406 (556.4771 540.140 187,069 124.268 (676J65) 537 953 (14,144) Ch*thgt In euh *ttd egsh equlvalents In th* year 1.400,832 3202.028) C.8yh snd cth equivalents at the beginnin8 ofihe yeor C￿h and c•sb ¢qulv*l¢nts *1 th¢ end of tbe ye4r 1954 668 5 156696 1954 668 IY13 The ￿t¢S on ￿8¢3 12 to 20 fomi pth of thcse fim￿le1 siatemen Doojsbn Ert•Wcw10.. 2SFE0B￿.S8IF47O￿2￿cKJD58&6ABEc BERNARD LEWIS FAMILY CHARITABLE TRusr NOTES FORMING PART OF THE FINANCIAL STATEMENIS for the yt*r ended 31 De¢¢mbtr 21123 A¢countin¥ poli¢1 The followin8 acuJuntinB policies have bcen wlicd in preparing the statements. B*sls of pre￿ratIon •nd Asxs$m¢ll¢ fjf golng conctrn The fjrtancial statements have been prekwed under the hÈslorit41 eost convention with items rxogniwj at Mst or transadion value unless otherwise ststed in relevant notes ￿ these accounts. The financial siatements have been prepared in ac£Ordw￿¢ with thc Ststtment of Re¢omm¢nd¢d Pra¢tice'. Accounting 8nd Reportin8 by Charities preparin8 th¢ir accounts in accordance with the FLnan¢L*I Rep)rting Stsndard oppliuble in the United Kingdom and R¢publi¢ of Ireland IFRS102) and the Charities Act 2011. The financial statements have been preptred to give 8 'vue and fair. view atkl hve depar￿￿ from the Charities {Accounts and Rep)rts1 R¢guJaiion5 2008 only kn the extent requiTrd to provide a 'lrue and fair view.. This dtrArture has involve4 followit)g A￿OUntIng and Reporting by C.hariiies prtparing their accounts in ac¢ordan¢¢ with the f"'inanci*l Reporting Stat)dard applicable in th¢ UK and Republic of Ireland {FRS 102) effective frorn l Januory 2019 rather than the Accouniing and Rep)rting by Chariiies.. s￿l¢M¢nI of ReeA)mmended Practice eff¢dive from l April 2(K)5 which $inct been withthawn. The Trust Constit￿e5 a public benefrt entity as defin>J by FRS 102. The Iru8te¢s cmsider th&t theT¢ are no mot¢ria] unco￿ntI¢l imwin8 the Tntst's ability to ￿ntInue Hs a going eoncem. The most Si8nificant ayeas of jud8¢meni and key ￿Sum￿lOn9 alyed i*ms in the ￿coUnts are to do with e51itnatinB the liability from mulii-year grant wmmitments. With respea to the reponing p¢riod, Ihe m051 siBnifLcani areas of uncertainty ihw affect the t￿1Th8 value of assets hcld by the are the level of investment rcturn lh¢ perfoTmirtee of investment markets. At th¢ b8lJn¢¢ Jheet date, the Tnjst has lssrfs of £4,WJOJ5112022: £4.586.0731. including CUfTent &4sets of 75.63412022.. £377,132). The annual spend of the Trnst is wiihin the control of the Tru51ees and awards could b¢ reduced or slopp¢d if r¢quiYed. The Trustees consider Tn￿1 has more than ad￿￿1¢ financial resoyrce$ io cominue in operation for at Iwi Iwelve months following ihe issue of these fir•nciaJ s¢thm¢nts WKI as such tho¢ th¢ goin8 concern basis of prep8rgtion continu¢5 to r¢main ¥propri&te. Incomt recolnhlom tknnation income is accounted for when the chariry has eniitl¢rn¢nt to the income, it is wbable thatihe income will be rettiv¢d, and the wnount of income Yt¢eivoble ¢•n be measured reliably. IDt4X¢A on investments is a¢th)untrd for on a re¢eivabl¢ b&si& DonAted serylc¢s and fAdlttky Gift5 Ln kirtd are irKluded a$ in¢om¢ and ¢xpendittve to thc cxlcnt that i commercial value can be on such 8iftJ. Exptnditurt reeognltlon Liabilili¢s are reco8Thised L% expendiiwe os S￿)n as ihere is a legal orconslnKliv¢ obliyiion committingthe chartty to that expenditure, it 15 probable that 5tttlcment will be required, ond lh¢ amount of the obligalion w be measured reliably. All expenditure is accounted for on an accruals b&sis. All expcn5e5 in¢lwlinB $upp)rt ￿$ts and gov¢rnan¢e Costs are allocated or apportiona ￿ th¢ applicabl¢ expenditure he￿lIn8$. Fixed &¥$rt investment# Investhients are a forni of basic financial irtstnnnent and are initially r￿o￿nIS￿ ai their valu¢ ¥nd subsequently m¢&%ured at their fair value as ai the balan¢e shttt date ￿]ng the elosing rnarket mid-price. The stsiem¢ni of flnancial aetiviiies irKlths the nel gain5 and losses arisingon Tevalu•ion and di5P05als throu8hout the year. Othtr de￿or5 (hh¢r d¢btors are Intere￿ income which 1$ rwis¢d on an ba5i5. 12 Dcu5wJn EnN* ID." ZJFEOBOG5B4F470>A012-CCQD5￿C BERNARD LEWIS FAMILY C11ARITABLE TRUST NOTES FORMING PART OF THE FINANCIAL sfAIEME]YTS for the yur end￿ Jl Dtteth￿r 2023 {tottlltttsed) Aecountlng ￿lIdeS (com*lTrued) Cayh •nd (•sh ¢q￿•valents Cash and equivalents L¥Jrnprise Ix8b bkn$ 8Dd c8ll de￿Its. Creditorn Crediknrs fallin8 due within onc ycar and aficr more than ort year i￿l￿At granis paythble pttyrntnts made to third parties in furthcranct of the charitsble objectiv&% of the Tnst. Tn the case of the Lmc<)nditionJl grnnt olTer this is accrud once th¢ r¢¢ipi¢nt h&s b¢¢n notifi￿1 of the grant iward. The notifi¢*ion give5 the recipierjt a ￿$0M8b]e expectBlion that they will rtccive the one-yw or muhi-yellr m. GTHn15 aytrds ihat are subject to the recipient fuifjlling p¢rforn)ance ¢onditions are only xcrLKd when the reeipitnt hos been notifi¢d of the grAnt and any remaining unfulfilled condition atthchin8 granl is o*sid¢ of th¢ r¥)ntrol of th¢ Tn￿. Funds #¢counilDt Unrestri¢t•d art availknle for the dty¢￿￿)n of the tnJ*e¢s in fihTtheMc¢ of the 8eneral obj¢ctiv¢s ofthe Ch￿lty. Unrtstrided funds include a ￿￿a]￿lOn reserye representing ihe restlltem¢nt of investmcnt Hsscts ￿ m&rket valuES. 2. DoDatlons R¢¢¢fved All don￿lon5 r¢¢eived r¢lat¢ to Unrestri￿ fvnds. 2023 2022 Voluniwy dork&¢ion - Lewis TnLS1 Group Limited Donated servic¢$ and f￿lIlli¢S.. ILwis Tn￿1 Group Limiied md River IslaThl Clothing C£*. L4mited G3.. Social Impaci ParttKTS 6,000.0 15.0(Kl 15.IXN) A voluntary don￿lOn of £3,Or￿,¢Th was m￿¢ by Ixwis Tnut Group Limited in respect of th¢ ye4r ¢nd¢d 31 December 2022. A$ the donaiion was neither •gr¢ed, Mr confirmed nor paid urttil aft¢¥ the Period this donation has been recorded in the accounts forth¢ yearended 31 D¢¢¢mb¢r 2023. 3. Investmen¢ lrt¢ome 2023 2022 Bank interest Fixed and Vdri4bk int¢r¢sl x¢wili¢s 71,209 125258 196467 29,177 119.953 13 th￿l$KJn Errtope1Tr. 23FEoBD&584F47(¢>A￿z.cL￿s8548BEc BERYARD LEWIS FAMILY CHAIUTABLE TRusr NOTES FORMING PART OF THE FIP*AYCIAL sfATEMENrs for the year ended 31 December 2023 {comtinued) 4. Chlrltsble adlvitles 2023 by Adivity sUp￿rt tosts A¢¢iviti Grnfyts undertaken govtrna*te *w#rded dIr￿llY Total Ch*rltsblt •dlvltleJ Child and s￿18] we Medical general support General fvnding Suptx)rt for ihe elderly Jewish community support Edu¢4tion&l fundin8 45220 748 J75 2,602,6( 50.0 238,0(￿1 836 13,837 48.119 924 4.400 46,056 762,212 2.737.977 50,924 242,400 2 301786 6 141355 87258 5944 195 2022 Sumw8ry by Adlvlty Support eolts Aetlvltl Grnmts ¥nd¢rtakeJ zov¢rn*nee awsrded diredly Tol*l Ch#rbt4ble •tlivltl Child and wcial care Medi￿] gen¢r815UPlXIrt General funding Support for the elderly Jewish community sup Edueational fvnding 2,376.S(Kl 67,170 2,097,125 50,0 236,750 61.425 1.736 54205 1292 6.119 2,437,925 68,906 2,223,807 51.292 242.869 227.606 5 252 405 72,477 504942 4T1 130 508 The Charity undertook diTfCt charitsble ￿1vitieS a￿1 awarded grants to a number of institutions in fuftheranc¢ of its charithble artivities. Details of each xiivity aye a5 follows: 21123 2022 Child •Dd gorial Eare Just for Kids Law NEwlif¢ Ibe Chariiy for Disabled Children NSPCC Place2Be Tal¢ntEd The Professional Teaching ltt%iititte Ivhizzkids AlloGated support Costs govern￿ (x￿￿ 97.5( 804.0( 15Q,O 1,050.01 975 15,Otx> 162.500 61.425 2 437 925 220 25.￿0 20,( 836 14 BERNARD LEWIS FAMILY CHARITABLE TRUST NOTES FORMING PART OF THE FINANCIAL ￿ATEmE￿r5 ror the yur ¢Dded 31 December 2023 (continu¢d} 4. ChAritable *divitiu (continued) Detsils of each 4ctivity are as follow 2023 2022 Mediul grn¢r41 wpwrt Epilepsy Aciion Hope for PAediatri¢ Epil¢p5y- LoDdon Meath Epilepsy Myawore One More City SUDEP Aciion Youn8 Epilepsy AlkKatrd SUPFQrt eosts and govern￿ I20,￿0 35,000 25,000 5,000 250 I20,(￿0 443,125 67.170 762 12 Edueltlonal fuDdlng Foundation for Change Iridesccni Films Kitt8s College London Sl8d¢ Schwl of Fine Ari The Pears M8udsl¢y C¢ntre for Children and Yow* P&)ple UniY¢rsi¢y of Bedfordshire Univ¢Tsily of DU￿arn Will Hou8hton Foundation Allocated support costs and 8ovemanc¢ co#s IS,(￿10 5,000 1.140,000 78,000 I.0￿,000 120.000 9,37S 80,000 12.500 14,000 5,000 Jewlsh eommunlty iupport Community Security Trust {CSD Jewish Blind & tlisabled Jewish C&re Jewish Deaf A1￿Cla￿on Jewish Leadership CouncAI M88cn David Adom Norwood Westmimtcr Syn&808 World Jewish Relief Ywj Voshem Allo¢ot¢d 5YPIKx¢ costs and 8overnon￿ ￿515 50,(KKI 10,0 62.SlJ) 22,S(K> 12,500 2,5￿¥ 31.250 I2.5￿> 62,SIM> 3,OiX> 25,0￿¥ 2,5( I o,(KK) 25,(lYJ 30.OLY) 50,IXK) 13.0 50,0(K) 242 869 15 Lhxu8vJn En¥eW ID.. 2￿0Bo￿￿F47{k>A0l2-¢Tr)DS￿5lxBEC BERNARD LEWIS FAMILY CHARITABLE TRU NOTES FORMING PART OF THE FINANCIAL STATSMENTS for the ye•r ended JI Decernber 21123 (continued) 4. Charit*blt attiviliu (contiDu¢d) D¢tsils of each ￿tiVity are 8$ follow&. 2023 2022 GeDer81 fundlng A Band ofBrothers Breakin8 Barriers Britijh Refi]8ee Council C¢DtrJl Brilish Fund Choos¢ Lov¢ Compassion in Dyin8 tksignability Dignity in Dying European Lawyers in L¢5VOS For Refu8tes Gr¢enaway Foundahon Grief Encounter Hox1on Gord¢nwar¢ In￿univerSitY Magic Bu$ UK aiemal men1￿ Heaiih Allianee Mr and Mrs C and S Bro*Tb Off Ploy ()>en Arnis Partisan Community CIC Power the Fi8hi Prison Reforrn Truxt Pmject 507 Promise Foundation Refugtt Aciion Se&Qhang¢rs Spark Inside St Chri5tophcr' Switch Bllck The AMOS Bursary The Disabiliiy Foundaiion The H#rrington &hern¢ The Henry Jackson Society TimeGivers Warchild We Belon WildT¢8m A￿]vitieS undert8kcn dirtetly.. Kairos+ Allo¢4ted swrt ¢05t5 #nd governance costs 130.000 I20.￿￿• 130.000 6.250 I40,￿0 150.CQO S.[￿0 250.1￿0 I05,C￿0 102,500 62,500 30,000 10.0 7(XJ.(KX) 15.OCrfI 20,0 S0,OC 45.OCrt) 50.oc 162.500 3(Kl.C 189.000 12,600 I6,￿)0 10.o(x) 16,0(K) 13.0(hJ 20.OCwJ 80,0 97,5 21,875 I10.￿0 80,000 90,000 20,OLXI 18,750 50,0(M) 22,S¢X) 14,0(N) 2,500 146,250 7.SC 5,0(N) 3.750 31.250 225,0 61,0 185.olx 30.000 25,0(KJ 10.000 2,500 65,000 35.000 72,477 87.258 2 737 977 Support ftsr the elderty J¢wi5h Cw¢ All0¢￿ed sUp￿rI wsts aDJ 80Vtrnw￿ W5ts 50,0 924 50,0( 51 16 BERNARD LEWIS FAMILY CItARITABLE TRUST NOTES FORMIYC PART OF THE FINANCIAL *fATEmE￿T5 ror the year ¢nded 31 December 21123 (continued) Chgritsbk *etiwitid (toDtinued) 2023 21122 eral ort eojt Trnvel hnd sub$ist¢n¢e Administrative SUPFrf)rt Auditor'$ remuneration - audit fees Employee S￿ary Con5ultan¢y Fees Nortrcapital IT cost5 Other Inveslmen¢ mwweni f¢¢s Exchange rate Yarianc¢ 598 15.01 21,OiNJ 48,373 26,583 6.000 2,531 10,413 10 130 508 15.154 12,240 58,IX 4.850 7.789 3,537 8,654 332 Suppon costs and governance costs have been tttiTibuttd to ehaTitsble &tivilies arhd where these art not related to specific projc¢ts, th¢y h4vc be¢n apw)rtiop¢d p[￿rat4 to 8rnnts pfiyable based on th¢ s¢A]¢ of awarded. 5. Trnslttg. remuntr•ilon •n41 st•lf ¢0 No fees were paid to trus¢¢es during the ￿rren1 w ww¢din8 year. Administtative supporL includin8 stsff lime, is pyovid￿ to the Tn￿ by the Lcwis Tnm Gmup Limited River Island Clothing Co. Limited. In accordan¢¢ with the Sthtement of Rewmmended Prnrtice for charilie8. an estimatt is mad¢ for such services which amunts to £15,00012022.. £15,IXYJI for thc yw and is included in th¢ sllltement of finan¢ial Activities as don￿10ft r¢¢eivable from Lxwi5 TnL¥ Group Limited and River Island Clothin8 Co. Limitrd (Noie 2k wilh a matrhing expense i￿1￿1¢0 in suppon Costs (Notr 41. The avcrnge number of p¢rsons ¢mployed by the Trust durin8 the yev amounted to l {2022.. 1). The payroll costs iKurred durin8 the year were &$ follows.. 2023 2022 Wa8ES and salaries cial security costs Defined witribution p¢nsion cos TDtsI 50.922 5.772 42.741 4,928 704 17 Dc￿￿5￿an E[￿￿￿10.. 23FE0Bt￿.sB4F470￿AO42.C(￿s8WBEC BERNARD LEWIS FAMILY CHARITABLE TRusr NOTES FORMING PART OF THL FTh AYCIAL STATEMENrs for the ye8r ended 31 De£emlxr 2023 (cotslinued) 6. Fixed asset IDVtJtments 2023 FIX￿ ind v•riable Interest iecurity OEIC4 Totlll Market value at the beginning of the year Addiiions Diswsals at carryin8 value Unre&lised profit during the year M4rk¢t value At th year end 4223.047 925.894 556.477 5.148.941 556.477 {542,606) 236 635 5 399 447 (542,606) 3841225 22 Hi5tori¢ ¢o$t atthe year end 4 135057 534 184 5669241 2022 VSxed *nd vari*blt interest ¢yrity OEI Tot•1 MaTkct V￿￿e ￿ the beBinninB of the year Addititsns Disp¢xals #t ¢•Tryin& Value Realis¢d10ss during th¢ y¢gr Unrealised loss during the y¢pr Markd value * the year end 4,990.874 355,357 (537.9591 114.3361 570 889 4 223 047 665.600 321.008 5.656.474 676.365 (537,959) 114,336} 631603 5 148941 925 894 Historic cos¢ ot the year ¢nd 5 698 41)0 Indiwduil inve5¢ments ￿ld At th¢ yw ¢rnl. which over 5% of the portfolio by mwrket vulue art". 2023 2022 BlueBay Glob￿ Invc51ment Grade Corpmte Bond FuThl BlackRock ICS Stcrlin8 Liguidity Fund Class Herits8e Dist iSh8res GBP Corp Bond O-SYR UCITS ETF PIMCO FuTrds Global Investors Series Pl¢- Income Fund HI GBP P Stonehage Fleming GkTrbal Equities Fund I Cl8$5 A UK Tr¢hsury 1.25% 2211112027 RPI Index Linkcd UK'freasury 1.5Yo 22107r2026 Van8u&rd Global Aggreg￿¢ Bond UCITS Clw Hed8ed Dist UK Treasury 0.5% 3110112029 389,420 374.622 344,154 393,271 474,607 1.832.939 322.946 288.083 26l.4l2 314.86S 381,330 312,603 1.946.(N)2 341.447 294.086 270,015 556,494 t*J¢u￿Tr Enyefcye ID.. 23FEOBCGSB4F470&AM2-CLX)DS8Y3BEC BERNARD LEWIS FAMILY CHARITABLE TRU NOTES FORMING PART OF THE FINAIYCIAL SfATEMENrs for the year 31 Deeember 21)23 (eonthiued) 7. Other debton: f*llinK due wl¢hth one year 2(123 21122 Awucd in¢cr¢sl Accrued dividend Prep&ymEnts Oth¢r debtors 6,779 6.300 4,175 5,742 500 13.079 20.520 8. Crtdlton: #mounts fAlthic dut wlthkn year 2023 2022 Grants payoblt A￿Tual$ 1686J75 106.550 2 792 925 ,488,375 109.681 598 056 9. Credlton: amounts fallknl due •fter mor• than one y¢•r 2023 21n2 GrBnts payable 1074 750 10. Rellted prty trI￿￿ttl0•S Th¢ ¢hwity on¢ ¢mploy¢¢' sthry q)5ts 4r¢ di*lowl in Note 5. The employe¢ is 4 ¢105¢ family member of Clive t£wis. I l. R¢toncillitl•tt Of net Sn¢omel(op¢*thtsre) t• *¢t uih Ilow fn)m operAtltt% i¢tlvities 2￿5 2022 Net IneomeJ(tipendlthrel for the ye*r per the st4tcrnent of IID*ntlal *etlvltles 314,278 (5,763,397) Adjustments lor. Dividends and inlerests frorn investment {Oainsy105s¢s on investments DecreaseIlin¢re￿I in p￿paYrneDts Increase in crediiors Net cish provid¢d byl(u3ed hb) oper•tiTrg *¢tivitle• (196,467) (234,166) 500 1329618 1119,953) 645.94S (9.803) 2 059 324 3 187884 19 Ekoj$￿nEnVe10pe ID.. 23FEOBDG5B4F470>A042-C(K(J505P8BEC BERNARD LEWIS FAMILY CHARITABLE TRU NOTES FORMING PART OF THE FINANCIAL sfATEMENrs for tht yur thded 31 Detember 1023 (tontinued) 12. ADI1￿Li of ush •lld tAsh equivalents 2023 2022 Investm¢nts Ib¥nk depisit accounts) Cash in hand Tot*1 and ujgh equiv*lents 2.584.420 771.080 3 355.500 1,193.104 761564 1954 668 13. Anal￿15 (tyf eh#tsgtt in nrt d¢b¢ C•Jh nows At31 Dtt 2(123 2023 Cash at bank and in hand 1954 668 1954 668 1400 832 1400 832 3 355 500 3 355 500