CODVJJY T¢$¢10n tsumber. 06706212 The Friendship Circle (UK) IA ci>mparyy iirw"t¢d by wr8Dt¢¢l for the YearEth 31 DC223 Goth Levy BA. FCA GoTdoD Lewy Li]nital Suite 5. 4th FIr 3 Utiivetsal Squ&c Matt¢hestet. M12 6JH
The Frieud5bip Circle IUK) Contents 2to7 io Balance Sheet Notrs th¢ FillatKiai Statrttwnts 12tol9
The Frlend5hip Circle IUK) RefenCe and AdmilltIve Detalls TnEJte Mrs Mireille LJi)]LS (s18e 31 De£ember2023} Rthbi Antknny JoelJaffe Rabbi David Jth MrPhth"p Pjnk MrJeremy Colematt (atwillted I SeJkekn20231 Ziona (4y)illte411 September 20231 Setrttsry Prkndp Offlte 72 Smgleton RD Salford M? 4LU Suit¢ 5. 4tb Fk 3 Universal U3[e M12 6JH Con2Y R¢glstr2llon NuDther 067212 1135828 PO Box2027 PatkJalld5 D¢ Hailla Way HoM¢b BIA 4YiJ Jndependent Exather Gordon Levy B& FCA Suit¢ 5. 4th Fl( 3 UnÈver5a] Squat¢
The FrieDdship Cfirele (UK) Trn5tets' Report Referellce aDd admyJistrdtiv¢ details are slb)wll in the thdule of rnembct5 of th¢ trf)ard and prof¢ssioDai Trn$te Th¢ tDJst¢es the ¢barity d18 the pul] wue as follo.. Mireille LY0 IroigD¢d31 D2023} Rabbi Anth¢)Dy Jocl Jaffe Rabbi DavidJaffe Mt Philip Pink Mr Tirrf)thy DetllP5¢y Mr Jeremy colem {aAx*i]tsJ I Seffjem1r2o23) MI5 Zil HaTllller (app)iLtal I Sept¢mbu 2023) Structsr4 gOvernCe MaweDl registet•J at Co]JJp8uitt% Hts%e ¢)n 12 Febnwy 2012. AppoiDtsnent by TnLStees Cotwy limited by guaraDtee
The Friendsbip Ctrele IUK) Trnstees. Report Chlef Zie¢Dtfve Offl¢trSt#tethEnt 2023. we celebTated i>ur 15th the the "15 Years of FTi)dsbip' n1EDi tw ail Th¢ orgawswion bas m8intaxtied its Btowth tAj¢Ctory. witb t[bErshIP Iising to 174 and volurlteers to 160. in 2023. We coowjue to )batyce the lives of our maDbeT& ch8n8e perceptions, aDd in¢lusiv¢ inclusiviry by creaiiog optmItieS forthtr]nemkn to actively participate in 5)WO8ue life. We expalldAlow provisiorl for ella8us with anew teEll club tsiknredtothe neaL5 Of$ aged 13 to 18. At the etmi of 2022. we faced ormtiooaj cha]lrnges th to iDad4uth 5pxe. Thi5 SolVed ijj 2023 by our ability to de]iver proyarns sustainthly. In 2024, *t plall to continue thi5 Browth by eXths (N PDtential ¢xtaDal SUpr>rL Oblectlvey and actlvll Objects qnd47iArs Sunuw of the Objttts ofthe ChaTity&s set out ints8ov¢rnmg Objeu I To PTomoi¢. for th¢ b¢ttfi¢ of the iti]Jknitallts of Greater Mxnchester and the suThoundmg area th¢ provisi of facilities forrecre8tion orotb¢r1¢19Jre ¢me LK¢Wioll of iDdividua]s who bave need of such facilities by reason publi¢ ai in the intrrests of s(tia] vKIra a]Jd with the obj¢it of the condiooD of life of the said Obj¢ct 2 surrouoding aod ro pmvide relief f[0 fillallci hardsbip and social andlor economic disadvaDtsg¢ and to advaDce Ebe education of its ttsidellts of all ages and ill particu]&r to prnvide op[rt)rtitS for the &foentiO1 rIdellts to psrtictpatr fully in the ]ift of the cott[Dty in wbich addregs alld alJevi&te
The Frfendshlp Cir¢le IUK) Trustees, Report of tht rnaiii attivities ID relation tothe5e 4jects We work ¢]([Y with th£ Tidential care orgsDiWiOll5 in th¢ Gr¢atrr MaDcbcsr¢r area w fill any gaps they may Spor¢ FItDes5 and WellbelDg . a fulty indu5ive plycai gaivity pmgr8m0 ettab]itiB our members to get active and itDprove theirhea]th alld welibcing. SO¢1 2nd R¢creatIon. Fun days aDd rughts ou¢ forow Menli w lty)k fotwrd ro. Skllls and Hobbies. a bolisuc progr w be]p to fityj jtieatiitig attd pw alld allow them to express thoughts alld feelings th find difficu]t to put into words. Jewish Ijfe nd Ob5ervallce. our are able to fully [iCiptr in Cotntll aDd religio Dts•blllty Edu¢lknD. Inspi Cbildreo to see ityoud disability alld becoll accotillg. Tttn Provljloll. A weekly trp)ys alld $ tets Club whith provides a s1&1 and 5&fe sPe fortttnage aDd Birls with th"sabi]ities try ttew activiti¢& bave full a[ forn friendshw. One to One Boddy Prograllulle . Pai wkn may be less confident ill a wup setting to comtllUDity voltter$ to develop a ]lleaDillg fricthp oll a 0[L(>e level. they tlli8bt fxe fiDdin8 a job. Volunteerthg Pro2rm]ne. to eDba]Ke the QDBoin8 g[ub (kv¢]opment of ¢)urvoluntea5. Advoty. to ¢n¢fjuJag¢ OUT ttL¢tlllxt5 to advoL forthell1ve5 al have a Oice. ill society EMotIoD and Pra¢tlcal sppOrt. hclpiD8 0MembS ¢0 naviBa their daily lives atsd thents] health ttetyjs. skilJ5 well as rnake llew friends and have We ue contirLu8lly diversifying w offtrirlg to s]it different
The Friendship Circle (iJK) Trustees, Report 2023 mark¢O a signifiL tillDing p)itit ftr Tr Friellthhip Citrle. After an exten5tve 5e4Ech for suitsble premise4 the ¢haTity relocared its offices kn the eo]JJtttUDal IH]ilding by Bnei Akiwa oll SiDgleton Road. This buildiJ8 is ideally sitU81ed for tyjr bEDpficiaTie5. provid atllple office space and all on-site h&ll fi>r tADgdot4 BnM>kvaiq {¢&¢1 and Th¢ FOunl0 SUprting their sideJ)ts from both social attd througb our d(N)r& frequency of panicipation have ir6r¢a%d Frti¢u]ar]y for out day trips aud weekly daytitije dtopitis. Of o 174 membeTh. half attend activiti¢s Nicc a w¢¢K 8nd ODC-third attend over row times a weeL reinforcitig their The dema for practical alld ernotionBI sw ris ¢spe¢i8]ly amth)8 not asl8d with [bets. We work c105ely with The Fe(L Paperweigbl Jewisb A¢tioD for mtal H¢4]t aad locaj ¢ounsellor5 VoluDteet5 TEZllain lat to our service pmvis10 with 160 vol1¢[8 &g¢d 16 Aod 75, supp)rtin8 our tivititt8 attd p5. This year. 44 Dew vohmteer5 joined The Friendsbip cle Cornjnurrity, a record The quth.ty aryi suppon provided by ow volullteers have akn ill]pTO eDb2nci]Jg the exccllEllce of our scrvites. Many volwJers go aknve aud on their initiattve to offer the SLLPPDrt and care D¢eded. about disability, proJtr)t¢s a¢¢e&sibiJity. a]NJ encourages i]Jclusioll. Feedback frotD st)xIen parents. a[ teacheT5 has b¢eD ovcrWb¢1lls1y p)sitive. with all te4¢ILets bejievillg dLe objertives were MCL A biBbJigbt of the year our iD8UWB] interDariona] trip to LisbtyK ow-a]l abilities- footba]l tra Th£ Maccabi Thunder4 parb¢Jpad in the Spxia] CbDpioDs League F(x)tball ToutD2menL This rnony ofwhom wisb to paTtt¢ipa ID Ju$h ¢(0D))U life bkn.t ktthv IM)w. Our colialx)Tative work wtth sywo8ue5 CQDtinued into 2023. Tbe habb Togetherf. tniwYG Tolle4 oui
The FrieDd5bip Circle IUK) Trustees, Report 87Yo reI¢d feelitig sigoific4Ltiy itss louely si]Jce joiDtD8 the atKI at least 98% notd 5l8ll1fi¢t FIM#hce nearly £445,(Ml) of incoTllC. & cojjsiderable ]rTe&se frotn the previous year, aDd holding reserves of £252,(. whictrL raise¢J Over£75.( ID NoveoJè¢r. The theme of "J5 Ye4rs of Frielldship. vrt8 cellttal to all our fillthiS iDiti•tives. We cn8a8tyJ I(1 $¢bls. shu]s, aod busin¢sxs iti various adivittts to SUP1 out effort5, cubLiDatiDg tD a bigbiy 5UCLX55ful fullthaisiti8 dinn¢r at¢Dd¢d by over loya] ¢knor¥ attd volu]]teets. The diuller ptoided ex¢¢ikni txposuK for donor& Trustecs hav¢ b¢ell encoutaged by thr iti¢re•sill8 8]Iwattce and loyalty. won xheme continues to provide lon8.te SSta7lilty. witb pledged regu]ar tDWtn¢ in¢rwing y¢aron y¢ar. EKP¢LditUT¢ on dwi"tpbl¢ 1VIll¢S ros¢ by £57,LMX) w £479.(XXb. Key facwrs i]udJ the Telocau¢)DaDd fit-out Exp¢n4Jitw¢ ¢w¢d to lis¢ agaw in 2024. Nottthel¢ss, the remain vi1¢ V¢ th¢ unpr¢diuabl¢ Pmbllt bwe The thLStces confirtn that they bavt cotDplied with the requients of secuon 4 of the Chariri¢s Act 2011 to hav¢ due regard to thc publi¢ b¢ll¢fit 8wd8DC¢ publid by the Cbarity CooynissioD forEngland and W8]¢5. Use VolullteeT5 colltinue ttk be W to service pr()vision and as rnBlly &5 150 voluDt¢¢r5. 8gedbenveeD 16 and 75. aTe thc aclivities and proBt3mw. 31 n¢w voluntr¢rs b2vc joine4 Thc Fri¢nd5bip Circle c{>rnTnuty with a stady of voluntea5 ovcrthe oge of 50. giviDg thetn a rw Set of puw and me4Dtng. Historically our aim atway5 b¢¢u ty hold 3 rwnths Trxrv¢s ID our gcncrn] fts ty cov¢r at least three clill]Rte. This will provide the level of CODfi(kn we need to ensure we are able to contiDue with the provisiorl of our regu]ar Threkly progranll and COV our siaffin8 atsd voluoteer exFxos¢$ 8Dd offi¢¢ costs. It will a150 allow for the Owth of th¢ ¢hBriry. Rtppokntllllt of llldepethdeDt eLqmiller
The Friendship Circle (UKI Trustees, Report The all]Juai arorDvcd bythc ofthe ¢harity on 12 swDber 2024and SId OD its Lbalf by.. MrPhilip Pi MrTitN)thy D¢iDF Trust¢¢
The Friendship Circle (UK) Stxtement ofTrustefs' Re5ponsibi]itie5 Th¢ trustccs also the of Tr Fritdsp cl1¢ (UK) for the Pftrpose& of cOztLPY 18wI a Kingdom A¢countiLg Sta]r&I (iJLited Killgthjn GenETaify Acceptal Accouming Ptactice) and applicable law al regulations. th¢ te¢S must oot approve the fitsaL¢ial statetuellts ullle5s they aTE 5atisfid that thEy BTve a true and fair view of the stst¢ of affairs of thc Cban'tsblt company atkl of its I[Koll atmi applicatioll of re50U requir w: Selt 5Uitable accounting wjiciesand appty thwn wnsiswrtlytr observe the tnethods and]nciPleS the Cbariti¢s SORP.. Th¢ 1Th5t¢¢s aT¢ Twiblc for k¢¢pJng adequaie that art v1ffici1 to show and explaitt the charit8bl¢ ¢omp3nYs transa¢tioDs atsd thl(e Je4$0]Jable aLfUW at aBy time the fillallcial wsitiojj of the charitable company and enable them to Ellsure that the fiDanci31 sratements cotDply the CA)tDPBDies Act 21)06. They are also tesp)Dsible for safegu3tdiDg the assets of the cbantabl¢ wtDPAlly 8Dd h¢n¢e for taking Apprnved bythe ttU5tCe5 of the thity on 12 Scpternb 2W2441 SI on IL5 b¢haif by. MT Philip Pink Ttee Trusttt
The Friendship Circle (UK) Independent Ex4miDer's Report to the trustees of The Frfendship Cirele (UK) I re[ on the accoutsts of the ¢haTity for the year er&kd 31 DnEr 2023 wbich are setow on pages 10 to 19 Respecttve respOn11tie oftrwtees •Dd exknr The trustees (who also the directOT5 of the comtny forthc pU[F of ¢ODVny ]awl arcTC4YOtt8ibl¢ for thc PTepatatioll of the accounts. The truste¢5 WDsid¢T thBt ao audit is not Tequir¢d for this ye4r serfion 144(2} of the ChaTits&s Act 2011 (the 2011 kn) &nd that an indtpetht exami00 is tseed•l The C1$ gross ICAEW. Having satisfied my8elf thai the cbtty i8 not Subj1t0 wlit uth ]aw and is elipble for Jndepentht examinatiw it is t))y ttsp)llsibility to.. exAll)iT the oca)ullts under 5ertion 145 of the2011 A¢r 14515Xbl of thc 2011 ACL and B15 of Independent ¢umlDer'g ret exllmination includes a review of the a<coutstirtB tet4)5 k¢pt by th¢ rlwity 4lld a Co]]]pati of the a¢¢fjunts PTtsented with those recorts. It also Wksidwi0n of any UsUal or di5¢1osures in the ac¢ouLts, and seeknDg expla]Jations frDtll you as mLgt¢¢S ¢QDc¢rnj any sh llwu¢rs. The pro¢e¢Jur¢s ULdertakell do llot PTovid¢ all the evi(knKe that would be requirtd ID &D thit and ¢oJwuently no opinion is vEn a5 to whethEr the accouuts txe5ellt fair viev4' aDd the repon is limir•J to those nwtters se¢ out itt the statetllent below. Ithdtpettd1 Ctr.5 statement of 5¢Ctioll 396 of the Cowies Act 2(M and with th¢ tn¢th(ts and priL¢iples of th¢ Styt¢mcDt of bave Dot been or 12) to Whic ill my opinithL atteutioll sh(x]Id be thHwn in ordcrto CDable a prr4VUDdus of the aceA)uDts Gordon Levy B& FCA ICAEW Gordon Levy LitDital Suite 5. 4th Fl(x 3 Utiivetsal Square D¢von5bir¢ Street Nonb M8D¢be4w. M12 6JH 12 Sepbe[ 2024 Page 9
The Friendship Circle {UK) Ststsmettt of Finn¢ial Activities for the Year Ended 31 Dttember 2023 n¢luding Income 4lld Expenditure Account and Statsment of Tot1 RecvgDi5ed G8ins
Dd tthses)
Unrutrltted fiLDds Tota] 2023 Nots Income •ud Eedowmtttts from: Donatious and legacies Tnvcstmeoi income 409.128 409,128 33.259 33.259 Total ltscomt 444,827 444.827 Cbaritable aCtities {478. 478.907 Total ETpeDditure {478,907 478.907 Net eXdi0jxe 34.080 34.080 Nrf rrK)v¢ni¢ni in 134.0801 134.0801 R¥ondllatloD of funds Totsi fiLrds brougbt forward 286247 286247 252.167 UDrtstrl¢tsd fuDds 252,167 Tot•1 2022 Note Ittto]lle #ttd Elldownts from: DonatiOD5 alld legacies 374.463 641 18.597 374,463 641 18.597 393.701 393.701 E4lendIre on: Cbatitable artIlieS 421.855 421.855 Total ExpcndJ"ft 421.8551 421,8551 28.154 28.154 (28.154} 128.1541 Total fujyjs brought fonvard 314.401 314.401 286247 286.247 Pigc io
The FrieDdship Circle (UK) (Rwstration number: 067116212) Balan¢¢ Sbeet 45 t 31 December 2023 202J 2022 Note CuTrent wets Casb atlLk attd ill band 252.167 321.894 Credhorj: ADllts flllDg dot witblrt one year 9,869 Totsl It$ tllrrtnt libilitses 251167 312.025 Credttors: ADKiunts flllD8 dDt after than one year io 125.778 f4et a¥¥ets 252.167 286.247 FuDds of the ebthty: UnreJtrl¢ted In¢ome funds UnresttiLd fimds 252.167 286.247 Tot1 funds 252.167 286.247 477 of the Cojwies Aci2(STe1atiDg to stDall comprie DiTXtor¢ r¢sp)Dsiffjiliiirs'. Ordance with se¢Don 476" artyj The directots aeknowledge their ilitics for Cryn8 with the rwirewts ofthe Act with resp1 Septernber 2024 3nd si1 onth¢irE¢baif by. T£¢ Mr TIOthYDpSeY TnLstre
Tbe FrleDdshlp Clrele (UK) Notes to the FJllancia] Statements for the Year Ended 31 December 2023 I ChTIty status The charsty is a charity Illed by 8uame a]Jd cOY d(yes llot bave Share capital. of the trte<S is liabl¢ to trIbUte allaiknoimtttot eKcetyJiti8£10 toTrI5 the &55ets of the cbaTity ill the event of Jiquidatio 2 Accounthig po]Icles Sujnmary of slgDIIIuDt •¢COllDtlng pJlldt8 kty itcowilthgtsthkntts The Prillcipal accoulltiDg tx)licies appbed in the prerArntion of these financial 5trtrtDts ar¢ s¢t out below. ststeitieDt of Coll1]1e The fiDaDciai siatements bave bcen pt¢par¢d In accordaoct with A¢coulltiDg 8JJd Rqy)rtinB by ajarities.. ststement of Rccornmended Prnctice yli¢8blc w ¢b8riti¢s pr¢witig th¢ir a¢¢outtts in aecordanc¢ with th¢ FirDClaI RepornDg SEaDdard appli¢abk in the UK RepJbli¢ of tyeland (FRS 1021 leffettive l January 20151 . IChaTitiO SORP IFRS 10211. the FiDgJKiai R¢tting St8th1ard 8pp]icable ID the UK and Repub]ic of Irela1 (FRS 102}filldtr COME1"t5 Act2(MK BI of prtpar&tlon The Friend5bip Circle IUKI tDEets the definitioD of a publi¢ t%n¢fit ¢Dtity und¢r FRS 102. Awts aDd liabilities p)]i¢y llott& Th¢ tn consider thai th¢r¢ are J)Jawial wjcertattities lM)ut the ¢batitys ability to tolltinue as & 8Ottt8 coneern Lof8lly Si8tiifi¢801 are4$ ofullc#tiittty that afftt% the LwryiDg Val of ssets held by the charity. Eietuptioll from prep*riDg a ush now ststement The cbarity opted to early adopt Bu]letirL I publisw orl 2 Febnjy 2016 #Dd bave thycfore oot in¢lyJ¢d a casb tncome ADd endOWmts In the event that a doDation is subject to conditiors that r¢quir¢ a l¢v¢l ofFtrform8n¢¢ by the ¢h8rity roTe tbe barity is entitled to the fimds. the Itlle is defut¢d alld r¢coEDis¢d witil eith¢r thos¢ nditiOns are fully mel or the fiLlfi]rnl of those conditions is thill th¢ control of th¢ ¢barity it is probabk that tb¢s¢ conditioD5 will be filifiU in Ib¢ r¢FrperIOd gDi5ed a5 a li&biJity illclutsj ¢Juthc bAlarKe shed Is defeThed itKome to be release4L Pag¢ 12
The Frlendsblp Ctr¢l¢ IUK)
Notes to the FittaD¢ial StstetD¢Dts for the Year Ended 31 December 2023
Inve5bNentincorne
Expendhllre
Ail expeodiDtse is twogllised o]KY thaE is a legal or nstruVe obli8aDon w that eXwditte, li is probable
sBttI¢uL¢ZLt is requird a[ atr)[ carl be mcLwrd reliably. All ¢osts are all1¢e kn the applicable
p&ti¢ular beadiD85 they bave bEeD all¢Kad ¢m a b¥is ¢OTL4iStti wth the w of ttsourre4 with ccllttaj staff
costs all
The Frfelldshlp Clr¢le (UK) Notes to the FIDandal Statements for the Yetr Ended 31 Drfember 2023 Borrowingj rrowiDgs are subse4uentiy csnied at amortys¢d WSL with the differett¢¢ between the pmceeds. net of A¢tiviu¢s ovcr theIlr the levaDf ImDwi Born)Mryw gre C]]fied &$ ¢wr¢Dt liabiliti¢$ 4TDltss the ¢batity h&$ all ri8bt to defer settienttt of the Jiabijity forat le&sttwelve ttM)Dths ft¢T the r¢Fonillgdw¢. Fund #trllclu the obi#tives of the Charity. provisions of tbe iSUU0)eL Financial liabilities and tr4uity itLknts cIlfied accord8 to the substrnce of the contractu the ¢harity aftty ded18 all of its 1sabtJitiu. All fillcial assets atLd Jiabiliti&s arc iDitiaJly Tlleawral at IIansactioii rrfice (including Irallsaciiofl costs). except for thos¢ finan¢ia] assets ¢iasstfiJ &8 at fair vahje thTDugh profit or 1055. which are initially me&sured at fair liabiliry is measwed at the prtsent of th futsJTr p• at 8 ru•rk¢t Ta¢ of int¢r¢st for si1]z[ debt StrU0)ellL Fillati¢iti assets and Ji8bitts are onty offset the &tetncnt of fwarKial p(6ition and OD]y wb¢n there exists a le8aJly enforcrdbl¢ lo set off the recogn atnounts and th¢ ¢b8rity ¢itb¢r to s¢tti¢ on a netbasi4 orto rea]ise thE a]wJ 5¢tt1e the iiabijity simuitantOUs1y. FiDBncial &ssets ar¢ dcrxo8nised whett ottiy wbts a) the ri8bts to the cash flows from the fiDaDcial &55et ¢xpir¢ OT ar¢ bl the ¢batity trnjsfets to allother party substantially alt of the risks alld rewaTd5 of 0$bIP of the fillan¢ia] asseL or ¢) the cjwity. dtspite hillg retaine4] som4 but not alL Pagt 14
The Frfettdsblp Clr¢le (UK) Notes to the FID¢11 Statements for the Year Ended 31 December 2023 ¢ffrxtiv¢ irLt¢t¢st ttL¢thLt. (al The contractual return to lh¢ bol¢kr is li) a fixJ anyJutiL Ill) a PItive fixtyj rate ora Ntsitive vaxiable ttte. or (iiil a combiJ]ariorL of pive or i Jwtive Y¥t¢ and ative variable Tatc. (bl Thc contract may pmvid¢ for of the ptill¢ipal ot the Tetsjtn to the holder Ibut uot Ix)thl to be lin1 to a single r¢lewt obsemble i]Jdex of geneAi wi¢e illtiation of the in which the debt (cl The contract tDay provide for a dern)inable vaTiion of the rebm to tlLe holder dutillg the ]iFe of the iDsm]men¢ tThvided that lil thc ll¢w rat¢ wisfirs ¢onditioD {al aod thc vari10 is Jjoi colliin8eDI on cverlts otherthaD11) R ¢bao8c of a variable ra"12) w pttrte¢t the boldet a8attist ¢rnJit thteriorntion of the issuer. (31 ¢han8¢s in l¢vi¢s appli¢d by 8 ¢etttra] bsok or arisitig from Cbaws itt relevwjt thlOtt or law,. or{ll) the new ERte isll Totket rnte of inwtst wisfies ¢ODditioo la). (dl Th¢re is no conttactuai provision that coul4 by its tetms. rtw]t tD th¢ holdcr losillg thc wincip81 amoullt or 8Uy tereS¢attributsb1Cto the cutrcnt pai or prÈorperiod {el ctra¢b]a1 provisio5 thatpenDit & issuer to prpy a dcbt instrll orpern]it th¢ boldertopllt it back to the i$5U¢t befotc atitIty are uot colltill8¢llt on future evellty other than to protect the holder against the credit deierioratiott of the i&sutr or a cbats8e ¢olltroI of the i55uer. or to Prot tbe holder or issuer against chÈD8es ID levies appbed bya Cetttralbak oristDg froTll ¢haDg&s in kntsxation orl&w. (Q Collttzctual provisions Jjjay penllit & extensi¢ of th¢ t¢rtn of th¢ O¢bt provided that th¢ r¢turn pxraN>lL% la) to {¢1. Dekn iDStnmwnts that are Classifi as pyable ceivable within one year on initsal rtOgDitioll wbith to be paid Trr tec¢iv¢¢L n# of atfairvaluc thrwgb profil orlc6s. (which may be titll I$ ¢ publicly ttad•J or tbeir fair value is reiiabty measurthle) are rneasur at fair value through profit or Ios5. a¢quited foT COJLsideTrtion includw the issue of sbares for ttwer re]ief. cost is 1]Ured by refeteDce to the nominal va]ue of thE shares i11 pl fair value of other considernioL Any premium is i8Dore Page IS
The Frlendshlp Clrele (UK) Notes to the Flnanclal Statements for the Yer EDded 31 DecetDber 2023 Derivatives lte initially recow¢d at fair val w the da a thriv8tive co]Its is eJIteA illto 8nd 2re subsequently re[[Ted to their fair value tel% dak. The Tesu]ting gaill or 1015 is TEWBlli5ed tn State[tllt of finBllcial acttvities tromaiatrly uo]ess the derivative i8 desigtatsd 2]Jd efftive 2 hedwg D8tur¢ of th¢ h¢d8¢ relatioLshtp. The b¢# cvid¢n¢e of fair vah]c is a qwted price hr all identical a&SeL in sn afflive DJatk¢L Wh¢n quoted wi¢¢s ar¢ unavaiiabie. the wi¢¢ of • retst trau$aCti for an IdEllti provides evidence of fair vaiuc as lorlg 85 there has not be a siBtiifi¢4ut cballge ill ecorC or a sigllificaDL ]w of tim¢ sittce the transactioD took place. If the 0)¢t is ttot artive a] TWellt tra&sKtioTLS of arl iderltical &SEet OL th£ir ovm are fnDd Totsl 2023 CeDtral 2022 370588 28242 370.588 28242 286.908 53,140 Gift aid reclaimed Grattts, ill¢]uditi8 ¢apits] tts. 10298 10298 34.415 409.128 41V).128 374.463 4 1DvesimeDt IDton Tot*i 20ZI Total 2022 Intcrest receivable aDd $tmil&r uJ¢(AJJ¢: 641 Page16
The FrlendshEp Cir¢le (UK) Notes to the FingD¢ial Staiements for the Year Ended 31 Deeember 2023 S Other Inco]ne Totsl 2023 Total 2022 GeDeTh] IS.(2 18.197 15.062 18.197 7.026 33259 33259 18.597 6 Ewdltsrn on ehrhbk xctlvllk¥ fllDds Totsl 2•23 Totsl 2022 Not¢ 446J29 32,578 446.329 32,578 421,855 478.SYI7 Acttvlty 478.907 421,855 TotAI 20 2022 Wages & sa]ar¢es 277J74 3.829 13, 6209 8,838 14.159 5(4) 3JgY 2.872 34.IX)i 479 98.081 785 14.490 277,374 3,829 13.9YK 6.209 8.838 14.159 5(N) 3,3 2.872 34.(X)I 479 98.081 785 14.4 274,648 3.167 11.6fr) 3,962 3214 Rent & tst Utilities Offic¢ r¢lotion cxpcnsrs Co]nputer & IT 8.445 i]JtillB. wstsBe & detivcry Fundraisitig & tllthtill8 BaDk charges 1,422 38.079 1,016 8.226 PEofesst4)lla] fees &¢01 478.907 478.907 421.855 P•8B I7
The FrieDd5hip Circle IUK) Notes ts the FiD#D¢ial Statements for the Year Ended 31 Deeember 2013 7 Th1gteeJ rtmuDtradoD abd Mrs Mlrtffillt Lyotts Mrs MI111e Lyolls rBceival of £36{2022. £39.6941 the [. the charity. Staff tosts The ]xx)uthiy avallge nuTnber of F¢rsons liocluditig senwx teatll) ewloyai by the cknrity (huwg 2023 2022 Totsl ¢mploy¢¢s 9 Credltor¥: moTAllts ldthe Tvithim One yur 2023 2022 Chber lo 9,869 10 Credltors: mourtts fllillgdue ft¢T OD¢ year 2023 2Q22 25.778 P4e 18
The Friendship Clrcle (UK) Notes to the Flnanclal Staternellts for the Yw Ended 31 December 2023 11 Futt B¢ at31 December BJ*llté xt i Jxlluary 2023 ruonr¢¢s eipended 2023 Unrestricted funth 28624 444.82 478,gYI7 1252,167) Bthnco at31 B•l•Dee I January 2022 rea0ceS twdtd 2012 Unreshlded fynds 314.401 393.701 421,855 286,24 12 Analysls of Det AJXty betweeD fllknds UDrestyl¢ted fuod• Totsj 252.167 252.167 13 A]lYsIS of net fu] At l At 31 December 2023 2023 Ch tiow C&th at bauk and inhaDd 321,894 (69,727) 252,167 Net debt 321,894 {69,727) 252,167 PaBc 19