CHARrrY REGISTrATION NUMBER: 1141474 Sephardi Voices UK Unaudited Financial Statements 31 March 2024 A I GROMAN FCA Chartered accountants Groman & Company 5 Violet Hill St. John's Wood London NW8 9EB
Sephardl Voices UK Trustees, Annual Report Year ended 31 March 2024 The trustees present their report and the unaudrt•J IlnaThiat ststsnxnts of the charity for the year end8d 31 March 2024. Referenee and admini8tratlv• dètalls Reglsl¢Trd charfty name Charity ragistratlon numb•r Sephardi Votces UK 1141474 PrlnGipal office The tntstoos A l Nacamuli E Shuker E Chilton VRAarc S Dangoor E LN1ngstce E Marcus Indopendont examiner l. GrDman F.C.A Groman & Company 5 Vh3let Hill St. John's Wd London NW8 9EB structure. governance and management The charity w88 established by a Trust Deed. The TTUSt d8rives its income from the donations and interest on the funds held. Objectlves and aclivltles Th& Trustees must appty the incom& ofthe Charity in futhring the fdlcwiir*J CleCts fThe ObJects"l.' A} The Obje of Sephardi Vow UK is to adVar educalion for the public benefft by carrying out a unique digital atm1io•wsual history proj8Ct which ain to docunknt. preserve and archive, for tho future generations, the testimonE$ of the Jews originating from the Middle East, North Africa and Iran who settFed in the United Kingdom during the 20th Century aTrJ builtP new lives there. With memories fading 8j elledy peoF4e passing away day, this prq.ect WOVKles the last oppothnity lo capluro this irretrFevabl8 8ra of Jewish hbstory. B) The other Obje of Sephardi V0S UK to advance education for the publlc beneffl by the provision of resources for tgathlng programm88 at unwersities and 3choots cal&ring to the hlsiorl¢al need for more UnderStaling and knowtedge of these Jewish rA)mmunrties.
Sephardl Voices UK Trustees. Annual Report I Year ended 31 March 2024 Objectives and activitles Risk Managament The board of trustees has coThJucted a review of the major risks lo whth the charity is exposed. The major risks identified were current funding. ckntaining new funding. financial procedures and heah and safety. A healih and safety FX)licy will be produced and financial procedu9 will be written. The board of tnjstees will review the risks annually to ensure new risks are identrfied and measures are tsken to mitigate both curnt and rew risks. Publlc ben•frt We have referred to the guidance contained in the Charity C(Mnmissh)n's general guidance on public benefit when reviewng our aims and obiecbves arKI in planning our future services. In particular the board of tnjstees consider IKJW (xjr plaFd Servi will contribute to the aiffl5 arKI oblt¢ve$ they have set. Achiw4•m&nts and perfornh The past year has been a SUcS for chanty as we have made Signifnt progress towards achieving our key objectNes. We have now compteted a total of 120 interviews with 124 individuals. We continue to diligently transcribe our interviews, bringing the total nUmr transcribed and edited to 100. Additionalty. we have created a featsjre film that showcases the stories and experiences shared in Ihese intetmews. Our f8 on education has been a priority this y&v. as we have laid the grourKJwork for an educational programme that aims to introduce thè iieh Sephardilmizrahi curture and history into schools. We have hosted several events ar¥J made our material accessible lo searCherS and Televanl public org8nizations, ensuring thal this important hlstory is preserved and shared for generations to come. Our soaal media inFbative, Nthlch was launched last year. has o>itinued to thrsve, wovidirwJ us wilh Increased exposure and roathing a wider and youThJer audience. In addition to our interviews and education effcrts. we havg produc a totsl of 13 Lives in F($ films, each based on a different inlwi8W, 8$ well as 12 themat that defve deeper into important tO¢S and themes. These fims serve as [rfvI tlS for storytdling and sharing the experiences of our interviewees. We are grdteful for the supFw3rt of our donors. volunteers. communtty menknrs. We hjok foNRrd to continuing our work in the coming years. Flnanclal revlow The Ststement of FinancTral Activiiies shows a total InMe of £42.182 (2023 - £46.2721 and tot81 expendtbjre of £36.64012023 - £36,025). The surrAus for the year was £5.542 {2023 - £10,247). The charity has £17.161 {2023_ £16279) of Unrestricted FurKIs 28 at the year end. The trustees. annual report was approved on 22 kn14and signed on behatl of the t*)ard of trustees by..
Sephardi Voices UK Independent Examiner's Report to the Trustees of Sephardi Voices UK Year ended 31 March 2024 I report to the trltslees on my examination of the financial statements of Sephardi Voices UK Ilhe charil*l for the year ended 31 March 2024. Responsibilitl•s and basis of rgport As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirnents of the Charities Act 2011 Ilhe AcY)- I report in respect of my examination of the charity's financial statements carrred out under section 145 ol Ihe 2011 Act anrl in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under seclion 145{5llb) of the Act. Independent gxaminerfs statement I have completed my examination. l ¢onfimi that no material matters have come lo my attention in connection with the examination giving me cause lo believe that in any materi81 respect.. accountsng records were nol kepl in respect of the charity as reqUId by section 130 of the Act., or the financial slalemenls do not accord with those records.. or the financial slaiemenls do not comply with the applicable qUirementS conceining the form and cont8nl of accounts Sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examinats"on. I have no concems and have come across no other matters in o)nnection with the examination lo which attention shoulo be drawn in this report in order lo enable a proper understanding of the acwunls bere hed. A. l. Groman F.C.A Independent Examiner ¥KI. Groman & Company Chartered Accounlanls 5 Violet Hill Sl. John's Wood London NW8 9EB
Sephardi Voices UK Statement of Financlal Activities Year ended 31 March 2024 2024 Unrestrid•d Restricted funds funds T¢)tal funds Total fvnds 2023 Incomg and ondowments Donations and legacies Investmenl income 18,824 21,920 40,744 1.438 45,889 383 Total Incom• 20.262 21.920 42.182 46,272 Expenditure Expenditure on charitable activilies Total &xpenditurg Q7 19.380 17.260 36,640 36.025 19.380 17260 36.640 36.025 Net Income and net movement in funds 10.247 Reconclliation of funds Total funds brought forward Totsl funds rrIed t0rd 16.279 19.263 35.542 25.295 17,161 23,923 41,084 35,542 The slatemÈnt of ffinancial aclivilles indLKles all galns and losses rwnised in the year. All InMe and expenditure derive from L¥)ntinuiThJ activities. The notes on pagè$ 6 to 11 forn) part al thèse financial staternon
Sephardi Voices UK Statement of Flnancial Position 31 March 2024 2024 2023 Curront ass•ts Cash at bank in hand 41.084 36,022 Creditors: amounts falling due wlthin one year N•t currant assets 10 41,084 35,542 Total assets less ¢urrent liabilities Net assets 41.084 41,084 35,542 35.542 Funds of the charity Restricted funds Unrestricted funds 23,923 17,161 19,263 16.279 Totsl charlty funds 11 41.084 35,542 These financial statements were approved by the board of trustees aTKI authorised for issue on ., and are sKJned on behalf of the board by. 22 jul )02* Trustee The notss 1)n paw 6 to 11 fomi part of thege flnancial statem•nts.
Sephardi Voices UK Notes to the Flnancial Statements Year ended 31 March 2024 General Infomiation The charity is a publlc benefft anbty and a rwJistw&J charity in England and Wales and is UnincofFIed. The address priAPa1 office is 15A H&)th)n Avenue. LoThJon. N3 1UL. Statement of compllanc• These financial ststets have been pPared in cornrliarK* wilh FRS 102. The Finan¢ial Reporting Stsndar(J applubte In the UK aThJ the Republic of Ireland,, the Statement of Recommended Practice ap[cable to charities preparing their accounts in accordance wth the Financial Reporting StaThlard apIclIe in the UK and Republic of Ireland {FRS 102) (Charities SORP IFRS 1021) and the Charl8 Act 2011. AccountSng poliei•s Basls of Paratk)n The financial slatements have b8en prepared on the historical cost basis, as mcMIiff by the revklualion of certain financial assets and liabilittes and inveslment properties measured at lair value through income or expeThditure. The financial slatements are tyepared in sterling, which is the functional cajrrency of the entity. Going concem There are no material UnrtaInli&S atxxrt the charitys abslty lo contirwje. Judgernents and key Sourc of 85tlmallon uncertalnty The preparation of the finanual statements requires managernent to mak& lud9ements, estimates and aswjmptions that affed the amounts reed. These estimates and judgements are continually reviewed ar¥J are based on experience and other factors. inctsjthng gxpectations of future events that are believed to be reasonable undér the circumstances. Fund accounting Unrestricted funds arè available use at the discretion of the trustees to furthw any of the chaty.$ purposes. Designated fijnds sre unrestricted fvnds earniathed by the trustees for partwlar fvture projed or commslmenL Restrthd fuThts a sutiiected to restri on their exFEndItU dedared by the donor or through the tem)s of an appeal, aThJ fall into ong of IM40 SUb41ass.' re$ted income funds or endownl funds.
Sephardi Voices UK Notes to th• Financial Stat•ments Year ended 31 March 2024 A¢¢ounting Polici [1uedj Incoming rgsourc•s JI incoming resources a included in the statement ol financFal activitFes when enkn"dement has passe(I to the charity" Jt is probab that the econom benefits associated the transaction will flow lo the charity and the arnjnt can be reltabty measured. The following specific policies are appli&1 to paibojlar ¢ategories of incorne: income from donations or grants Ès recognised when the is evider of entitlement to the gift. receipt is probable and its amount can be measured r81iably. legacy inoJJme is rec>)gnised wh&n lpt is prc4)ab5e and entitlement is established. income from donated goods is measured al the fair vaue of the goods unless this is impractical to measure reEably. in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated faulities and services are recognised in Ihe accounts when received if the value can be reliably measured. No annts are induded for the Contributi of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted servi. This is dassified as unrestricted funds unless is a contr8clual requirement for it to be spent on a PacUlar purpose and retumed rf unspen( in whith case it may be regarded as restricted. R9$oU85 expended Expenditure is recognised on an accruas basis as a liability incurred. Expendtture includes any VAT which cannot be fvlly recovered. and 1$ classified under headings of the statement of financial activities to whth it relatos: expenditure on rak8ing fvnds indudgs the costs of all fundraising activllles. events, non- charttable trading athrlies, arnj the s of donated gocmjs. expenditure on charitable aivities includes au costs in<xKrBd by a charity in undert8king activities that rther Fis charitable aims for the benefft of its benefKiaries, induding those support costs and costs relats'ng to the 9)VeMan of the Gharity apportioned to charltab activities. other exponditure indudes all expenditure that is neither related to raising funds for the charlty nor part of its expendibJe on charilabte lIvI9s. Al costs are alloc8ted lo expeThJiture categories rellectiThJ the use of the resource. Direct o)sts allribulable to a single activty are alloGated direcly to that activty. Shared costs are aptKKknoned between the activities they contritmrte to on a reasonable. justifiable and consigtent basis.
Sephardi Voices UK Notes to the Financial Statements Year ended 31 March 2024 Donatlons and legacles Vnrnstrlcted Restricted Total Funds Funds Fund¥ 2024 Donations DonatnS Eventbrtte donations Stripe online donations Trust Donation 7.591 1.103 7,591 1.103 222 6,500 Gift5 HMRC Grft AKI 3.408 3.408 Grants Rothschitd Foundation grant 21.920 21.920 18.824 21.920 40.744 Unrestricted Restricted Totsl Funds Funds Funds 2023 Donalk>ns Donations Eventbrite donations Stripe online donations Trust Donation 3,596 4.886 6,667 8.456 6,667 Glfts HMRC GiftAid Grants Rolhschild Foundalion grant 22.284 22.284 23.605 22,284 45.889 Invèstm•nt inc¢xn• Unrestrlcted Totsl Funds Unrestricied Total Funds Funds 2024 Funds 2023 k Intsrest recefvable 1.438 383
Sephardi Voices UK Notes to the Flnancial Statements (eti•thw Year onded 31 March 2024 Expenditure on chatitablo activltles ty fund type Unmtricted Restricted Totsl Funds Fundg Funds 2024 Principal Actiwty Support Costs 18.617 763 17,260 34877 763 19.380 17.260 Unrestricted Funds Restricted Total Funds Funds 2023 Principal Activity Support costs 10.469 829 24,727 35,196 829 11,298 24.727 36,025
Sephardi Voices UK Notes to the Flnancial Statements (¢tythxd) Year ended 31 March 2024 Expgndlture on ¢harftable a¢bvlties by actfvlty type undortaken dlrg Support Total funds 2024 Total fijnd 2023 Principal ActNity Govemance costs 35.877 35,877 763 35.196 829 763 35.877 763 36.640 36.025 Slaff costs The total staff $ts and empkjyee benefits for the reporbng period are anatys&J as follows: 2024 2023 Wages and sa18ries 17A60 24.729 The average head count of empty88s during the year was 212023: 2}. No employee r8ceNed ompkjyee beerts ol mcye than £60.Ixio during the year (2023: Nil). Trustee remunoralion and exponsos No remuner2Uon or other benefiis from empbyment with the chwity or a related entity were recVed by the tru8tee& 10. Credftors: amounts lalllng duo within year 2024 2023 Accruals and deferred income 11. Analysis ol ¢harital)lo funds Unrgstricted ndS At 1 April 2023 At 31 March 2024 Incomg Expendllure Unrestricted fijnd - General funds 16.279 20,262 (19.3801 17,161 At 1 April 2022 At 31 March 2023 Income Expenditure Unrestricted fund - General fiJn¢ts 23.988 (11.298) 16,279 10
Sephardi Voices UK Notes to the Financial Statements Year ended 31 March 2024 11. Analysis of Charltablfy funds Rostrfctad funds At1 April 2023 At 31 March 2024 Income Exp•ndrture Resiri¢ted Fund 19263 21.920 (17,260) 23,923 At 1 Aprll 2022 At 31 March 2023 Income Expendiiure Restricted FurKI 21,706 22.284 {24.727) 19,263 11