COMPANY NUMBEIL. 06615331 CHARrrY NUMBER: 1126124 BRITISH FRIENDS OF REUTH (A COMPANY LIMTfED BY GUARANTEE) REPORT AfrfD FINANCIAL STATEMENTS FOR THE YEAR EI¥DED 30 JUNE 2024
BRIIISH FRIENDS OF REUTH (A COMPANY IJMITED BY GUARAiYfEE) FOR THE YEAR EIYDED 30 JUNE 2024 Ind Company Inforniation Report of Directors Independent Examin¢es Rewrt Statement of FAnancial Activitics Balanc£ Sh¢e¢ Notes to Financial Activities 7-11
(A COMPANY LIMrrED BY GUARANfEE) COMPANY INFORMATION 06615331 Cbarity NumtKr: 1126124 Dr N Ferber Mr R Somerston Mr S Jacobson Registered Offic¢: CIO Goldwins Ltd 75 Maygrove Road tA)ndon NW6 2EG
REPORT OF THE DIRECTORS The directors PSent their Report and Fillancl Statements for the year ended 30 June 2024. The financial sLqtements bave been prqwed in accor with Accounting and ReEx)rting by Charities: the Financial Rep)rting Stsndard applicable in the UK and Rybltc of htland (FRS102 . CbaritR&S SORP FRS 102) and the Companies Act 2006. British FrAends of Reuth is a mpaThY limited by guara gov¢rnd by its Memoran¢kn and Articles of Ass(Kiaiion dated 10 June 2008. It has no share capital. It is a charity registejrd with the Charity Commission and is therefore governed by the Compsni&g Act 21x16 and the Clwities Act 2011. The trustees dderniin¢ the genml policy of the cbarity and are reswnsli jle for its day to day nllthing. Objediveg xnd aethities The obJt of the charity is to W and promote the charitabk activities of ReutlL 8 Ilot for profrt organisation established under th¢ lawJ of the State of tsra¢L and through OT in association with Reuth to provide or promote the provision of nlIcal relie£ accommodation and lStanCe in kind to those An nerf including in particular (but without pjUdIl% to the generality of th¢ foregoing) the elderty. the Iwidicapped and the cbrnnically ill of all ages and also vlctims of traum& Services of Reuth include th¢ Reuth Rehabilitstion Hospital which is a neurologic4L rehabilAtstion and chronic care facilty. communty housinR for those in need and senior homes & day centres for the elderly. Achievements and perfonnance During the period the charity met its obJtive Public benefit The trustvs are awar¢ of the Charity Commission guidance on public benefit reporting as set out in Section 17 CharAties Art 2011. The trustKs believe that the charity h]eVeS a public benefit by providing th¢ relevant ServIS as detailed in this repmt Director8 *nd their Interests The directors who have served during the period are &s follows:_ Dr N Ferty¢r Mr M Blevs Mr R Som¢rs Mr S JaLX)bson Each of the directors Ills a limited liability of £1.
(A COMPANY LIMrrKD BY GUARANfETJ REPORT OF THE DIREcfoRS British Friends of Reuth"s LEserves p)licy is to create sufficient resVeS to enable the clwlty to cootinue its activitics and services at a Mcanlngfi ReveL should there b¢ a drop in income. As all income i derived from voluntary d(mthn8 the trustees Teview this FK>Sition on a regular basi& Company law requires the director& who serve as IJ7 for the purposes of charity law. to prepare Financial Statements for each financial year, which give a tn and fair view of the state of affairs of th¢ Company and of the profit or loss of the Company for that period. In preparing those Financial - select suitable accounting p)licies and then appty them eA)nsistentty: - make judgements and estimates that are reasonable and prudenL' - observe ilic methods and principles in the chariti SORP (FRS 102) the Company will Contin in business. The directors are res)nSI1)le for k¢¢ping proper accounting rerths which disclose with reasonable aCcUrY at any time the financial positRon of the Company and to enable them to ensure that the Financial Statements comply with the Companies Act 2006. They are also s}nSi]lle for safeguanling the assets of th¢ Company and h¢o¢¢ for iakiDg reag)nable • for the prevention and detection of fraud The D1ctOrS, Report is prepwed in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the Boatd of Directors on . f¥J (u Dr N Ferber Truste
TO THE TRUSTEES OF BRrnSH FRIENDS OF REIJTh FOR THE YEAR ENDED 30 JUNE 2024 I rewrt to the charity trustees on my examination of the accounts of the Company for the year ended 30 Jun¢ 2024. RespoDsibllitiu and basil of report As the charity's trustces (if th¢ Company (and also its dir¢ctor5 for the pur of wmpany law) you a resnsIble for the preparatlon of the aLXX)unts in accordance with the rwuimn¢nts of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the aUnts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for indeFKndent examIntho I rert in respect of my examination of your charity's accounts as carried out under section l45 of the Charities Act 2011 ('the 2011 Act.). In carryi out my ekqmination I have followcd the Directions given by th¢ CharAty Commission under section 145(5) (b) of the 2011 ACL IndepeDdeDt eurniner'8 slxtement I have completed my examination. I confirm that no matter5 bave come to rny attention in Com)tIOn with the eKrymination Rivin% me cause to boliev¢: l. accounting reLX)rds were not kept in respeKt of the Company as rwuireAI by section 386 of the 2006 Ac( or 2. the accollnts do not accord with those yerdS. or 3. the accounts do not compty with the a¢UntIng wuirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'tru¢ and fair view which is not a matter consid¢rnl as part of an indepent examinalion: or 4. the accounts have not been preparnl in accordw with th¢ methods and principl¢s of the Stateme of Recommended Practice for accounting and retthing by charities applicable to charAties prcpwing their acLX)unts in accordance wAth the Financial Rew)rtin8 Standanl applicable in the UK and Republi¢ of Ireland (FRS 102). I have no concerns and have come across Do other rnatt in (x)nnection with the ¢xaminthon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Antknuy Ep A FCA FCIE ChArternl AeeouDtants 75 Mxygrove Road West H2mpste*d W6 2EG
BRITISH FRIENDS OF REUTH (A COMPANY LI[TrD BY GUARANfEE) STATEMENT OF FINANCIAL AcrivrrIEs (INCLUDING INCOMF. AND EXPENDITIJRE AccoiJNr) FOR THE YEAR ENDED 30 JtTNE 2024 Totsl Funds Funds 2024 Funds Funds 2023 Note Income from: 84,283 42 89226 89226 Other Income 42 Tolxl ineome 84.325 84J25 89.226 89,226 Expendithre OR: Raising funds Charitable actAviti 374 374 670 670 93.557 9357 98.932 98.932 Total expendithre 93.931 93,931 99,602 99.602 Net (expenditure) for the year (9.606) (9.606) (10.376) (10.376) Net movement in funds (9.606) (9M (10,376) 31266 20,890 (10,376) Funds bronght fornyrd Funds carrie41 forward 20.890 11,284 20WO 11284 31266 20,890 The attached notes form part of these Financial Statements.
(A COMPANY LIMED BY GUARAiYfEE) BALANCE SHEET Company regtstratM)n no. 06615331 AS AT 30 JUNE 2024 21124 21Y23 2023 Note Cash at baDk and in Ind 13.774 21150 13,774 21150 CREDTORS (2.490) (1260) NET CURRENf ASSETS 11284 11284 20,890 I¥ET A&SETS 20,890 11284 20,890 TOTAL FUNDS 11284 20,890 For the financial year ended 30 June 2024. the charitable compaoy was entitled to exemption from awlit under Section 477 of the Companies Act 2006 The members have not required the clwitable company to obtain an audit of its financial stateMts for the year ended 30 June 2024 in acu)rdance with Section 476 of the Companies Act 2006. The directorn knOwledge their T¢Spon211tles for comptying with the r¢quirements of the Act with respect to aM)unting recorth and for the prepatation of a¢ts. The financial statements have been prqwed in with the special provisions applicable to Companies subjeKt to the small companies giMe. The Financi Statemwts werL appn)ved by th¢ Board on .. >d. .. Dr N Ferber
(A COMPANY LIMrrED BY GUARAiYfEE) Accounting poRicie8 Basi8 of preparatio Statement of Rec0mjnend Practice applicable to charities prepari their accounts in accordanex with the FinwKial ReportAng Standard applicable in the UK a1 Republic of Ireland (FRS I2 - (Clwities SORP FRS 102) and the Companies Act 2(M)6. The clwltable company meets the dcfmition of a public benefit entity under FRS 102. Assets and liabilities are initAally recognised at historical fA)St or transaction value unle&s otherwise stated in the relevant &CUnting TN)licy or note. The charAtabk company is exempted from preparing a cash fiow statemeth due to exemption available to charlties with inrne of le&s than £500,0. Going concern The trustees consider that there aT¢ no material uncereS alK)Ut the charitable company's ability to continue as a going concern. The trustees do not (x)nsider that there aze any sources of estimation uncertainty at the repothg date that have a significant risk of causing a nter1 adjustment to the Carryi anx>uuts of &ts and liabilities within the next re1 perio(L Income Income As recognised when the charity entitlanent to the any f0nDance conditions attxhed to the income have been mel it is probable that tbe income will be receiv¢d and that the amount can be m¢asureAI reliably. Income from government and other gra@ Wheth 'capitsl' grants or 'revenuc' grant% is [Cglsed been mel it is probable that the inu)me will be Teceived aThl the a[nOu can be reliably and is not deferred. IAle received in adVae for the provision of specified service is deferred until the criteria for incL)me recognition are meL Interest Reeeivable Interest on funds held on dep)sit is ]rluded when ceIvable a1 th¢ amount w be measured reliably by the clwity, this is nornMIIy UEM)n notification of the interest paid or payable by the bank Fund accounting Unrestricted funds are avaAlable to spend on aclivAties that fill*lr any of the purp of charity. Dlted funds are unrcstricted funds ot'tb¢ ¢harAty which the tsijstees have decided at their discretion to sct aside to use for a spccific purpose. Restricted fimds are donatio$ which the donor has specified are to solely used for particular areas of the clwity's WO OT for specific projects b¢inR Ulertell Expenditure Expendith is re£ognised 0C tlwe is a legal or cOnStrtive obliwion to make a payment to a third . it is probable tIMt sdtlell will be required and the amount of the obligation can be m&asured reliably. Costs of raising funds comprise the (knts associat WAth altracting voluntary income aThl the costs of trading for fundraising purls¢S. Charitable expenditure comprises those costs incunEd by the clwity in the delivery of its activilxes and services for its beneficiaries. It includes both costs that can I
FOR THE YEAR ENDED 30 JtJThE 2024 Tangible fred a&sets Tallgible fixed &sscts are statcd at cost less aLxumulated depwiatson. Depreciation is provided at rates calculated to write off the cost less residual value ()f each &sset over its exFcted useful life. Computer uipment is depreciated at 33 % on a straigbt line b&%is. Debtors Trade and other debtors are reiSed at the settknKnt amount due after any trade discount offernl. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at baok and ID haDd Cash at bank and cash in hand includes cash aThl short terni hlghly liquid investments with a sbort maturity of thTe¢ months or less from the date of acquisition or opening of the drysit or similar 2(A) Ineome from Donations and gr*nts 2024 Total 2023 Total Donations Grants 3.738 85,488 89,226 76,68J 7Q681 2(b) Other Ille 2024 Total 2023 Bank thterest 42 42 42 42 Totsj Illeome 89226
BRfrisH FRIENDS OF REUTH (A COMPANY LIMfrED BY GUARANfEE) PIOTES TO THE FINANCIAL STATFMENTS FOR THE YEAR ENDED 30 JUNE 2024 3. Analysis of eInditUTe Current ya Rillg cIltable Funds 2024 Totsl 2023 tk)nations to Reuth (tsrael) Bank Charges Advertising Subscriptions Fundraising C05t Telephone 86.950 147 92.550 150 463 1568 670 116 120 2.305 660 93931 7T602 147 2.045 21145 374 374 120 3,635 660 93¥7 120 3ffi35 Independent Examination Total expenditure 374 Of the totsl expenditure, £93.931 was ujwestrictsl (2023: £99.602) and £Nil was restricted (2023: £Nil). Anatysis of endItre Prior year Raising Funds Chwitable Activities 2023 Totsl 2022 Donati to Reuth (Israel) Bank Clwges Advertising Printin& postage and ststionery Subscriptions Fundraising Cost Telephone Computer and software Accountancy Independent Examination Totsl expeYJditure 92.550 l50 92.550 150 463 15,600 127 936 2.568 2.568 670 116 120 2.305 660 99ffj02 2.593 1,679 203 150 3.175 660 25,707 670 116 120 2305 660 98932 670 Of the total exditure, £99.602 w&$ Unrestri (2022: £25,70D and £Nil was restrictAI (2022: £Nil).
BRITIS.H FRIFrn)S OF REirrH (A COMPANY LIMrrED BY GUARANfEE) FOR THE YEAR ENDED 30 JUNE 2024 TaJalion The charitable company is exempt from corporation tsx as all its income is charitable and is applied for Creditorn: amounts falling due within oxe year 2024 2023 AC¢nlS 2A 2,490 1260 1260 Movement ID funds (CarreDt year) At start of the year At the end Ineome Expenditsre of the year Restricted fuDd8 20.890 84.325 (93.931) 11284 Totsl fundj 20 (93931) 11284 Movement IA fond8 (Prior year) At start of the year At the end Income EXFDdith of the year 31266 89226 (99,602) 20,890 Total fimds 31266 89226 (99,602) 20.890 10
BRITISH FRIEI¥DS OF REirrH (A COMPANY LIMfrED BY CUARANfEE) P40TES TO THE FINAI¥CIAL STATEMENrs FOR THE YEAR ENDED 30 JtrNE 2024 An8tysi8 of Net Assets between funds (Current Peiiod) Funds Tan1¢ fixed &8sets Net curffnt assets 11,284 11284 11384 11284 Net &8sets at the end of the year Angtysig of F4et Aets between hnds (Prior Perffjd) Totsl Funds Tangible fixed &ts 20.890 20.890 Net ass¢ts at the end of the year 20,890 20,890 & Staff key manwemt per8oHRel There wcr¢ no employe¢s in the year (2023:none). There w¢re no employK bmefits paymeDts to key rnana8cllt personnel in the year {7023:Nil). Emolumemts of the trte Trnstees did not receive remuneration during the year (2023: Nil). The tCeS were not reimbursed for expcnses during thc (2023: Nil).The charitable company is exempt from wmxation tax as all its income is clwitable and is applied for cl]aritabk purv. 10. Related Party Trawactions There are Th) related party transactions to disclose for 2024 {2023: no). arc no donati( from relatcd Parti which arc outside the nonnal course of business and no restricted