CHARrtY REGISTRATION NUMBER: 1141474 Sephardi Voices UK Unaudited Financial Statements 31 March 2022 A I GROMAN FCA Groman & Company Chartered Accountants 5 Violet Hill St. John's Wd London NW8 9EB
Sephardi Voices UK Trustees. Annual Report Year ended 31 March 2022 The twstees present thoir réport and the unaudited finanry stst8ments of the charity for the year ended 31 March 2022. Refer•n¢e and admlnlstratlve detslls Registered ¢harlty name Sephardi VOKES UK Charlty rogistration number 1141474 Prlnelpal offico The truste•s A l Nacamuli E Shuker E Chitton V R Aaron S Dangoor E Jebreel Ind•pgndgnt oxaminer l. Groman F.C.A Groman & Copany, Chartered Accounlants 5 Violet Hill SL John's W(KxJ London NW8 gEB Structuro. gov•manc• and mana9em8nt The charity was estatrAished by a Tnjst t)eed. The Tmst d8riv&s ils income from the donations and Interest on the funds hebj. Objectives and activities The Trust88s must apply the ineome of th8 Charrty in fvrtherFng the fc41¢)wrng objects fThe Objects'l: Al The object of Sephardi Voices UK is lo advance edtIOn for the public benefrt by carying out a unique digital audio-visual history project which aims lo documen( preserve and archive. for the future generats"ons, the testimonies of Ihe Jews originating from the Middle Ea*, North Africa and Iran who setded in the United lQngdom during the 20th Century and built-up new Irves there. Wtth memories fIng and èldarly people passing away ea¢h day. this project provides the last opportunity to capture this irretrievable era of Jewsh hi$t(ry. Bl The other object of Sephardi V0S UK is to advance edu¢th"on for the public benefit by the provision of resources for leaching progfammes at universrtles and schcM)Is ten9 to the historical need for more understanding and knoedge of tsse Jewish communtties. Risk Management The board of trustees has conducted a review of the major risks to which the Cha is exposed. The major risks identffied were current fvnding, obtaining new funding. financial procedures and health and safety. A health and safety policy will be pjUCed and finanoal procedures will be written. The boar(I of trustees will review the risks annually to ensure new risks are identsfied and measures are tsken lo mitisate ts)Ih current and new risk5.
Sephardi Voices UK Trustees. Annual Report Year ended 31 March 2022 Public benefrt Wa have referred to the guidan ntaIn9d in tr Chanty Commission's general guidance on publÉc benefit when reviewing our aims and objectives and in planning our ftjture services. In particular the board of trustses consMJer how our plann&J services will conlritmjte to the aims and objectives they have sel. Achlevemerrts and perfommnce Summary of main achieventS ofthe charity durhng ts yèar. Since we started our actsvilies, we have been able to purchase equipment and sel up a small team of volunteers, which were trained to condLKt. record. archive and transcribe filmed and audio inteNiews as well as hisloll¢al documents and p10$. This has enabled us to film and record the life stories of 116 indNiduals, prepare the dats for arthiving wrposes. and start the proc¥ss of transcribing. The majOty of the interviews have been esIted al the Brttish Library (London} an¢J the ANU Museum of The Jewish People (Tel Aviv) for Wb1 access. For our Outreach and Educational PrrMJramme. we have so far produced 13 LNes in Fccus films leach baséd on one interyiew) and 10 th8matic films. which introduee some of the issues relevant to the Sophardmizrahl culture ano history. These films have been shown at publiG ev8nts. academic conferences and are available on our webstte I www.sephardrvoi.0rg.uk) and through all our Soual Medi8 channe&. Our interviews are regularfy featured in the Jewsh Renaissance magazine. We have launched our re-developed website whith allows the users more access to the individual slories and photographs and also provides more infoTrnakn"on on the history of the Jewsh communities in the Middle East. North Africa. and Ir8n. FLrth8m)or&, we have provided material to interested researchers and the public and supplied oral history Irdining to individuals and organi5at1ts example. to the Bevks Marks Heritage Foundation). In 2021-22, in spite of lockdowns and other restrictions. we ndUcted 5 inlervÉews and Produd 5 films. We also held regular ZcKsm events and parlicipaled in live events tealuring our uitervi8wees and cov8ring themes pertinent lo sephardmtzrahl herttage. We successfully submitted a major want 8ppli(3tion for the transcription of all our inteNews and for cataloguing, captioning and subsequent UoadIng of all photographs and documents. Financial rnvi•w The Statement of Financial Actimlies shows a lolal income of £28.742 12021 £26.2321 and total expenditure of£22,413 {2021 - £27.215}. The net nme for the year was £6.329 {2021 - £198311. The charity has £25.29512021- £18,966) of Unrestricted Funds as at the year end. The twslees. annu8] port was approved orb ...........J. i Izand signed on behalf of Ihe board of trustees by: £ui fe4J> (
Sephardi Voices UK Independent Examinerfs Report to the Trustees of Sephardi Voices UK Year ended 31 March 2022 I report lo the trustees on my examination of the finala1 statements of Sephardi vol UK Ilhe charity'l for the year ended 31 March 2022. Responsibilities and baslg of report As the trustees of the charity you are resportsible for the preparation of the financial statements in ac¢ordan¢e with the requirements of the Charittes Act 2011 Ilhe AcV}. I report respect of my examination of the charitS financial ststernents rArried out under section 145 of the 2011 Act and in carrying out my examination I have folk)wed all the aptAicable DirectHJns given by Ihg Charity Commission under section 145(5Xb> of th8 A¢L Indgpendgnt gxamlnerf$ sL*ement I have completed my examination. I confim that no material matters have come to my attention in connection with the examinatK)n giving me cause lo believe thal in any ITterial respecL accounting records were not kept in respect of the charity as wUlr by section 130 of the Act., or the financial slalements do not ac)r with those reds. or the ffinan¢i81 slalements do not com&ty with thg applicabl8 wuiremgnts conceming the forni and content of a¢¢ounts set out in the Charthe5 (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'true and fair, view which is not a matter (x)llsidered as part of an indepgndenl examination. I have no concems and have wme across other matters in connectlon wlth the examination lo which attention should b8 drawn in this rep(Ml in order to enae a tKoper UndSnd1[ of the accounts to be reached. A. l. Groman F.C.A Independent Examiner Groman & Company. Chartered Acc(MJnlants 5 Violet Hill Sl. John's Wc¢)d London NW8 gEB
Sephardi Voices UK Statement of Financial Activities Year ended 31 March 2022 2022 Unrestricted Restricted funds tunds Total funds Total funds 2021 IoMe and endowmgnts Donations and legaues Inveslment income 4.803 37 23.902 28,705 37 26.184 48 Total income 23.902 28.742 26,232 Expenditure Expenditure on charrtable athiiies Total eXnditre 20.217 2.196 22A13 22.413 27,215 20.217 2.196 27,215 Net incomellexpenditur•} and n•t movement in funds 115,377) 21,706 6.329 (9831 Reconclllatlon of funds Total funds brought foTh¥ard T¢tal funds ¢arried forward 18.966 18,966 19,949 3,589 21.706 25.295 18,966 The stat8ment of financial acttvititss indLKles all gains and k)ws reTrniSed in the year. All income and expeli1ure derNe from continuing act"viknes. The notes on paw 6 to 9 flxm p9rt ofts*s¢ financlal statsmen
Sephardi Voices UK ststement of Financial Position 31 March 2022 2022 2021 Current assets Cash at bank ar in hand 25.775 18,966 Credltors: amounts falllng dug Withln ono year Net current assets 10 480 25.295 18,966 Total assets less current Ilabllltles 25.295 18.966 N9t a$sets 25.295 18.966 Funds of thè charlty Restricted funds Unrestricted fvnds 21.706 3.589 18,966 18,966 Total Charlty funds 11 25.295 These financial statements were approved by the t#)ard of trustees outhorised lor issue on 21 SvfvY".".1T. and are signed on behalf of the board by: LLIÉ IL- ioA
Sephardi Voices UK Notes to the Financial Statements Year ended 31 March 2022 General Inforniatlon The charity is a public bènefft entity and a registered charity in England and Wales and is unincoiporated. The address of the principal office i8 15A Hendon Avenue. London. N3 1 UL. ststèmant of compliance These financAal statements have been prepared in cx)mpli8nce wth FRS 102, The Financial Reporting Stsndard applicaL4e in the UK and the Republic of Ireland., the Statemeftt of Recommended Practice ap1¢able to chanbes preparir¥J their accounts in accordance with the Financial Reporb"ng Standard appEab in the UK and Republic of Ireland {FRS 102} (Charities SORP IFRS 102)) and the Chartties Act 2011. Accounting pollcles Basis of preparatlon The finanaal statements have been prepared on the historical cost b8sis, as modrfied by the revaluation of certain financial assets and liabilrties and invèsknent properties measured at fair value through income or expeThlilure. The financial statements are wepared in sterling. which is the fvJn¢tional currency of the entity. Going coneem Thgrg are no rnaterial uncertainties atwt the (tharitys abiknty to contlnue. Judgements and key sources of gstlmation uncertalnty The preparation of the financial statements requires management lo make judgements. estimates and assumplK)ll5 that affect the arTK)unts reported. These estimates and judgements are continually reviewed and a based on expefFence and other factors. induding expectstions of future even15 Ihal are believed to be reasonable under the circumstances. Fund accountlng Unrestricted fvnds are available for use at the discretion of the trustees to fvrther any of the charity's purposes. Designated funds are unrestn.cted funds earrnath by the trustees for particular future project or commitment. ReStrd funds are subiecbj to restrictiorts on their expenditure declared by the donor c through the lemis of an appeal. and fall inio one of two sub-dasses". restricted incoma fvnds or endowment funds. Incoming resources All incorning resources are induded in the ststement of financial actNI1 when entillemenl has passed lo the charty.. il is probab* that the economic benefrts associated with the transaction will flow lo the charity and the amwnt can reliabty measured. The followng specrfic pc4ic18S are applied to particular tegOrieS of in(x¥ne.' income from donatnS or grants is recrniSed when there is evKlence of entiuemenl to the gfft, receipt is probable and its amount can be measured reliabty.
Sephardi Voices UK Notes to the Financial Statements Year ended 31 March 2022 Accounting polici9$ (¢onllnytydJ R•soure•s oxpgnd•d Expenditijre is recognised on an a¢cru8ls basis as a liability is incurred. Expenditure indudes any VAT which cannot be fvlly recovered. and is daSSif under headings of the ststement of finanaal actiwbes to which it relates.. exp8ndibJre on raisiw fvnds indudes the costs of all fvndraising activibes. events. non- charrtable trading aclNttres. and Ihe sate of donat&J gocth. expenditure on charttable activities indudes all u)sts inCUd by a charity in undertaking aclNilies that further tts chartiable aims for the benefft of its beneficiaries. including those support costs and costs relating to the govemance of the charity apportiolled to charitsble 8etMtses. other expenditure indudes all expendrture that is neither related to rdising funds for the charity nor part of Its exp8nditure on charrtable acb"vities. All costs are allocated to expenditure categ(wies refiecting the use of th8 resour¢8. Dir8Ct costs attributable to a single activty a albcaled direLaly to that acbvty. Shared costs are apportion8d beeen the acbVIt to on a reasonable, justifiable and consistenl basis. Donations andlogacles Unrestrictod Restricted Total Funds Funds Fund¥ 2022 Currentyear Donations Donations Evèntbrite donatKJns Stripe online donalb)ns 3.445 3,445 45 1,313 1.313 Grants Rothschild Foundat*)n granl 23.902 23,902 4.803 23.902 28.705 Unreslricted Funds Restricted Total Funds FunQs 2021 Pri year tlonations Donalions 26.184 26,184 Invastment in¢¢>m¢ Unrostrictad Total Fund$ Unrestricted Total Funds Funds 2022 Funds 2021 Bank interest receble 37 37 48 48
Sephardl Voices UK Notes to the Financlal Ststements Year ended 31 March 2022 Expenditure on ¢haritable adivibes by fund type Unrestricted Restrided Totsl Funds Funds Funds 2022 Current year Principal Activity Support costs 18,921 1.695 501 20,616 1,797 20.217 1196 22.413 ExpendSture on ¢h•Yltsble actlvltles by actlvlty type Activitles undertak•n dire¢tty Support Total funds Total funds costs 2022 2021 Prinupal Adivity Governance costs 20.616 20.616 1.797 24,219 2,996 1.797 20.616 1.797 22,413 27.215 Staff costs The totd stsff costs and employee benefits for the reporiing period are analysed 8s follows: 2022 2021 Wages and salaries 18.853 21,200 The avwage head count of empk)yees during the year was 212021.. 2). No employee 1Ved efflployee beneffts of rnre than £60.000 durirg the year12021: Nil). TNstee remuneration and expenses SORP 2015 requires one of the following statements to be made: no remuneration or othar benefits from employment thg charity or a relatad entity were r1Ved by tha trustees. 10. Credltors: am¢)unts falllng duo Within one year 2022 2021 Accruals and deferred orne 480
Sephardi Voices UK Notes to the Financial Statsments Year ended 31 MarGh 2022 11. Analys1$ of ¢harltable funds Unrestricted funds At1 Awll 2021 At31 om• Exndit March 2022 Current year Unrestricted fund - General fvnds 18.966 120.21T} At 1 21r20 In(x)Tre Expenditure 31 March 2021 Prior year Unrestricted fund - General funds 19.949 26,232 (27.215) 18,966 Restrlctsd funds Atl Awil 2021 At31 Inrne Exponditurn March 2022 Current year Restricted Fund 23,902 {2,196} 21,706 At In(xxnè Expenditure 31 Marth 2021 At 1 Aprl 2tr20 Prior ye8r Restricted Fund
Sephardi Voices UK Management Information Year ended 31 March 2022 The followlng pages do not forni part of Ihe financial ststgments. 10
Sephardi Voices UK Detailed Statement of Financlal Activities Year ended 31 March 2022 2022 2021 Income and endowments Donations and l•gaelÈs Donations Eventbrite donations stn.pe online donations Rothschild Foundation grant 3A45 45 1.313 23.902 26.184 28.705 26,184 Investment incomg Bank interest receNable 37 48 Total Income 28,742 26,232 Expendlture Exp•ndltur• on eharitabl8 actlvltl Wages and salaries Other eslablishment Legal and professional fees Other Offi costs Production and event costs 18,854 646 21,200 1,922 300 774 3,019 1,151 1.762 22.413 27,215 Total expenditure 22.413 27,215 Net Incomellexpenditurel 6.329 19831 11
Sephardi Voices UK Not8S to the Detailed Statement of Financial Activities Year ended 31 March 2022 2022 2021 Expenditurè on charitable adMU¢s Activity type 1 Activities undertaken direetly Difect charitsble activity- wageslsalaries Direct charitable activity - PrLxluction and event (xk¥ts 18.854 1,762 21,200 3,019 20,616 24,219 Govemance costs Governan costs- Website and l.T.costs Governan costs- bookkeeping and acCOuntar fees Governance costs- other office costs 1,922 300 774 1.151 1.797 2,996 Expenditure on charllable acllvliies 22,413 27,215 12