Charity RegistrAtion Number 1135961
THF. EIGHTEE4 N FUND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

'rHE EIGIITEEfi FUND
FINANCIAL STATEMEN'rs
F()R THE YF.AR ENDED 31 MARCH 2024
l￿,1)￿:X
Page
I ruiteeb Report
IndepLndL'nt Examiner .4 Report
%ialLinLnl c)1" financial ALlii'ities
BalanLL Sheei
Nc)l¢s to Ihe financial Siaiemenls

THF, EIGHTEF.N FUND
FINANCIAL.STATEMF.NTS
FOR THE YEAR F.NDF,D.11 MARCH 2024
TRUSTFF.S' RF.PORT
Trustees
The trustees diiringF the pcriod wcre
Andrew Raslibass
Ja¢queline Raslibass
Llic Rashbass
"I'he addrcss ot. the trust is 17 Wj'keham Road, L()ndon NW4 2'rB.
Aiidrcth. Rashbass madL pcrsonal donations ol" £l1.189 (902.1.. £201.9171 to tlic iriisl
diiriijg tIIc PLri()d. .lacLiu¢linL' Rashbass ma(Ic pcrsonal d()iiaii()ii% i)I' LII.-3Y4 121)?.3..
£Nil ) t() thL' tru%1 diiringy IhL' peri()d. Elic Ela%hba%s Inadc pcr%iinal d()IialiOllS ()I' LNil
?1)?.3.. £1 .00(I ) t() tlIL Iru%i durin&) tlic period. l)i)nalii)ns ()1. £149.700 (20?3'. £N il } wcrc
madc tu ihL Lharily Iruni a liind ot" w'hich ihe threc trusiCCS arc also Irustees.
Structure, (¥OI'ern#nce and Management
I'hc trust V¥as sct up bs, a dcLd dated 9 Ma), ?0 l () and rcglistcred as a charity ii'ith Ilie
Cliarity Coinmis%ioii ()n 17 Ma). 2010 undcr tlie nanil Rashbass F'(ImilJ I rii%l. .1 IIL
charitN' changFed it% name t() "I'he Eigihtceii l.und on I l Marcli ?018.
The tnistces meet rcgiiilarly to reN'iew appliLalii)Ii%. ()versec the actiN'itics ()1" thL' tru41
and c()n%ider ii'heihL'r thL're are any risks lo whiLh ilic Lliaritv is exposed w'hich rcquirL'
tlic cstabli.%hment ot. s)'slems or proccdurcs nccLssaTh' In IllLinagie ihosc ri.sks.
Objectives and Actii'itie8
"I'he objcLts ol" the tru51 ¢ire
The prcN'cnti()n i)I" rcliel. ol. poverf),:
'rhe advancL'ment ()I' eduLalion:
The adv(IllLeincnt of rclig?ion:
'I"he adN'<incemcnt ()t' healih or the saving ol" liN'e8:
The rclict- nl" Ih()8e in iieed. b!, re¢lson of liouth. age. ill-he¢11th. disabilitN'.
finanLi(Il hard8hii) or oihcr disadvantagyc: and
An), otlier purposc.s currenil), r¢cognisLd as charitable and any lic￿ charitablc
purposes whi¢h are siniilar to another Lliariiable purpose.

THE EIGHTEEN FUND
FINANCIAL 6iTATF.,MENT.S
FOR TIIF YEAR ENDF.D 31 ,MARCH 202.1
TRIISTb:Tr:S' RF.I)()RT (COh'TlIJ IIED)
I"hL prinLipal ilctivities ol. thc charit)- ￿'ere ilie L)ranlingi ol" donations to aLhiLve tlie
objL'CtiN'es abi)i'e. 'I'hc Iruslees are a￿,are ol. the Charili, Commissioii guidanLe ()n
publiL bLlIL I Il reportingj as SLt out in %¢Llioii 4 Charilies ..Ict ?0 I i . "rhe Irusiees belie￿.e
Ilicll Ihe Lli<iritN (ILhi¥l'LS a publiL bLiietit ihrougj li IhesL objLLlii'es.
l)urin&? IhL perilid. i()ial inLomingJ resourLes ￿'ere £189.?83 1?{)?3: £253.794) tr()m
hiLh gjrdnls ot"£?33 ?04 (?0?3: £?14.4?0) iiere mild¢.
I"hcrL' ¢ir¢ ni) desigJnalL'd resLri'es.
Plans f(Ir Tr uture Periody
The aLlii'ilies tor I'Liiure pL'riods will continue to be the gjrdnlingi ot. donaiion% iii
pursuaiiL¢ ()I' Ilie IrLisI' S c)bjeLliI'es.
SigpiiLd ()n g IyosLrf]¥er ?024
JAC'Q)I IF"LINI-' RASIIIIASS
()11 b¥hiil I. ()I' Ihe Trustces

THF. EIGHTEEN FUND
CHARITY NUMBF.R 1135961
INDb.PENDF.NT EXAMINER'S REPORT TO THF. TRUSTF.ES OF THr.
F,IC.HTF.EN FUND
I rep()rt i)n the aLLounts of Ihc trusl lor Ihc ycar ended 31 March 20?4. which are sel oiil on pages S lo
Rtspective Reyponsibili¢i¢s of Trustees and Indepcnd¢Dt Examiner
A.4 IhL iruslcLs ()f ilic Lharily.. )'()u are re%ponsiblc for Ihe prLparati()n of ihe financial s1<lteiiicntq in
acc()rdancL' with Ihc re4uircmcnls of thc Charili¢5 Acl 2011 I'ihe 201 l A¢t").
I report in respcct of m), cxaminatioll of Ihe cliaril) 8 accounts as carried oul undcr sccli()n 14.5 ol- Ihe
?01 l Act Jnd in cam'in¥i {iul In). e.iamiiiation I have followcd Ihc Dircclion.4 ¥iven b￿ Ilie Charilv
Coinmissi()n under %eLlion 1451 Smb) of IliL 201 l Acl.
IJ4sls Df independent exAmln¢r'* repTrrl
Mil examination ivaq carried i)ut in aLLnrdance ii'iih Ihe general l)ir¢ctions glii'en bs, the C.harilv
Cuiiiinis%i()n. An examinalion includes a reviciv of the accountingy records kepi by the charily and a
comparisori of Ihc acLoiin15 presenicd M'iih ihose reLords. li als() include5 con5ideralion of ans. iilliisLiuI
iILn)4 or di%LIo.SLires in tlie accoLinl%. iiiid se¢king¥ explaiiq¢ li(11)s from iou as Irii.4lces c()nccmii)LY an), siicl)
mallers. 'I'he procedures iinderlaken do not provide all IliL Ll'idcnc¢' Ihal M'oiild be rLquir¢d iii &in aii(lil
dnd c0115cqiieiiili no opinion is bj iveii as lo ii'hciher the accounts preseni a 'lrue arid fair viem aiid Ihe
r¢pofl is limited lo Ihosc matters scl oiil iii the 8iaiemenl belo￿.
Independent tx*miher's $14temenl
Since the charity's gross income exceeded £2$0.000 your cxaininer mu.41 be a meinbcr ol. R biKly lisled
ill 5eclioi) 145 0l-thL. 201 l Acl. I conlinn Ihat l quali ficd lo uiidcrt.Ik'e the cxani incqlion hucaii%e l am
a Ineinber of (h¢ Inslitulc of L'hartercd Accouiitanl% in Lnb,land aiid Walcs ( IL'AI.-W). whiLh 14 1)iiL' of
IhL l i%ted bc)di¢s.
I havL LoiiiplLILd m), cxaniinalion. I coiilim) Ilial no mallers hii I'c comc 10 my aiicnlioii in conneLlion
with the exani ination giving ML caiisc 10 bclievc Iliai in an). Inatcrial re5pccI'.
accounting? records were nol kepi in r¢speci of the Lhariiy as required b), 5¢clion 130 of Ihc
2011 Act: or
thc financial staiemenls do not accord with those records: or
the linaiicial 51alLmenls dii not LomplN H'iih tlic aL¢ounliiigy rcquircmci)Is coiiccming (he l()nn
and conlenl of ¢iccoiinl5 Set oul in the ('liui'iliL.s l..Ic'c'¢Jiiiil.s uiid RL'ix?i'l.il RL'AiiIILIlji?17.4 ?1}{)N (IihLr
Ilian aiiy rcquirement thai the accounis giive a 'lrLle ai)d fair, vi¢ii' which not a In(Illcr
Lonsidered as part of an Inde￿i)dent examination. or
I havc no concerns and have CnTne across no niher maiicrs in c(Inncclioii with the examinalion lo ivhich
alleniion slioiild bc draii'n in thi% rcp()rt in order lo cnablc a proper undcr4landing ()f the acc()iints l(Tr be
reached.
.lustin Cow&n, FCA
l)ale:
Q l(Lg
Albeck Limited
CharterL.d Accouni¥1nls
49 Moii'bruy Road
E*dgivare
MiddleSL'X FIAS 8JI.

THE EIGHTEEN FUND (Charity Registration Number 1135961
STATENIENT OF FINANCIAL ACTIVITIES
FOR TFIE YFAR ENDED 31 .M.4RCH 2024
2024
2023
Incoming resources
Incoming resvurLe5 from generated funds
Donaiions receii'ed
Inland ReN'enu¢ ta.x repa)'menl
Bdiik inl¢r¢st receii'ed
189.?83
9.896
-396
199.i75
?0?.917
50.479
398
253.794
Re%uurLey expended
('IILii'il¢ihlL' .4L'Iii'iiiL'.%
C hiiritable gr£inls (Iii'arded
Adminislraiii'e expenses
ProlLssi()Iial lees
233.?04
96
360
?3).660
214.420
107
?14.887
Movement in funds
(34.085)
38.907
Total funds brought furn'ard
178.998
140.091
Total funds carried foni'ard
144.913
178,998

THE EIGHTEEN FL'ND (Chariti, Regi.stration Ni umber I1.1.$961
BALANCE SHEET
AG• AT 311 M ARCH 2024
2024
202.3
CURRENT ASSF,T6
Gitt Aid receivablc
9.896
Cash at Baiik
1.35.377
1 ?8.9.31
145.273
140.451
C.URRENT LIABILITIE(
ALLruals
(360>
(3C)n)
NET ASSETS
144.91.1
14().1191
FUND.S
Unrcslricted
144.91.3
14().()() I
Appr()N'ed bs. thc trustees on q t>ocLrn¥2024 and sig?ned on thcir behalf bi,
,Jacqueline Rashba53
Trustcc

TFIE FIC.HTEEN FUND
NOTE.5 TO THE FINANCIAL 4iTATEMENTS
FOR THF. YEAR F.NDED.11 MARCH 2024
ACCOLINTIINC. POLICIES
(M) By¥iy of accounting
'rhese acc'()Iints hai'¢ been prepared Linder the hisiorical cost convention. with
itLiii% reLobJiiised ai Losi or IraiisaLiion i'alue. and in aLLurdancL il'ilh..
Ihe Siaiemeni ol" ReLommended PraLIiLe: Accouniin&i and Reporling, b),
Q'hai'itiLs.
the FinaiiLial Repi)rling Iiiandard appliLdblL in ihe UK and Republic ot"
Ireland i FRS I O?) issued on 16 Jul). 2014 and updated on ? Februar). ?016,
and
the C'hariiies Aci ?01 l.
The Lhariti. L()ns1itutes ¢1 public bcnelii eniitN' as defined b!, FRS 102.
(b) Chanxes to #ccounting puliiies
-rhere hai'e been no ch<ingyes io aLLoulliing policies. Ihe accounls preseni a irue
and tair i'i¢ii' and the ilLLounling' pulicies adopied are ihose L)uilined in the n(Iles
lo tIIL' aLcounis.
{c) Changes to accounting estimates
No changJe% lo aLL()unlingy eslimales Iial'e OLcurred in ihc repc)ning pLriod.
(d) Mulerial prior vear errurs
Ni) iiiai¢rial pric)r vear err(Ir% hai'e been idenlitied in Ihe repc)rti n& periud.
(e) ReLiignitiun of incomi.
InLC)IllL 1% r¢LL)giniscd in ihe sofA ii'hen:
il is Inore likelN' than noi thai ihe trusiL'LS M'ill reccil'e the resource.s: aiid
Ihe nioneiaTh i'alue L<in bc Ineasured Kiih sullilieni reliabilil)..
(D Tax reclaimed un donations and gifts
(iit"l Aid receii'able is includcd in inLome M'hen iher¢ is a i'alid deLlaralion t.roni
Ihe donor. An). Ciitl Aid iimoiint reLoi'ered on a donaiion is coiisidered io be part
of" Ihat glitt cind is Irealed as an addition io ihe same lund as ihe iniiial donation
unless the donor or ihe lenns ol. the appeal hav¢ specilied othcrii'ise.

THE EIGHTEE￿ FUND
NOTES TO THE FINANCIAL sTATEmE￿Ts
FOR THF. YEAR ENDED 11 MARCH 2024
I. ACCOUIN'TING POLICIF.,S (CONTINIIF.D)
(g) Grants
(irants av¥'arded are accounted for on a cash basis.
2. DONATIONS
2024
2023
l)onations and Gitts
189.283
202.917
3. CHARITABI.F. GRANTS
C'haritable grants and donations of £?33.024 (?023: £214.420) w'ere all made io
institutions or indii'iduals lor ihe folloii'ingF charitable purposes:
2024
The prei'ention of relief nf pniiert>
The adN'ancement ot"education
The advancemenl ol" religion
The aditancement of health or the sai'ing of
li￿eS
The reliet'of those in need. bj reason of l'outh.
age. ill-hcalth. disabilil!., financial hardship or
other disadi'antage
Other charitable purposes
116.569
11.876
84.020
110.458
44.61?
53.580
200
1,2?n
758
19.601
233.024
2.711
1.839
214.4?0
Details of material granis are available on request to the trustees.
There wer¢ no emplovecs during ihc period.

THE EIGHTEF.Y FLIND
NOTES TO THF. FINANCIAL.ST.4TE.ME,N'TS
FOR'fHTr: I'EAR EI%DF.D 31 ￿l.4RCH 2023
4. TRUSTFE.Si' RF.NIUYEIL4TIO
The Trusiees neither receii'ed nor ilaii'ed ani, emolumenis during the period.
During ihe period. Ihe 'frusiees ￿'ere reinibursed £N'il ( ?0? j £Nil) tor perbunal
expLll5Ls iiiLurred.
-4. Rb:LAI'ED PARTY TRAh'SACTIONS
Andreii. Rashba55 made personal don<ilions ot- £31.189 1 ?0?3.. £?01.917) to ihe
iru%t durinbi ihe period.
JaLqueline Rashbass made personal donalions of £8.394 (?0?3: £Nil) t(I th¢ irusi
dui'ii)gi lh¢ ￿rIOd.
Lli¢ R(IshbilSS made p¢rsonal doniilions ol. £Nil { ?0?3: £1,000) io the trust during
thL peri()d.
Donaiions ol'£149.700 {20?3'. £Nil) M'ere made 10 Ihe Lharii), from a tund ot'iihich
thL three iru4iees are also trustees.