The Garden Tomb
(Jerusalem) Association
(A c(ryany limitgj by guarantee)
Year eThJed". 31 De(￿thr 2021
Charity no.. 1144197
Cc¥np8ry number 7591911
2018 Lrmited IStsbJW Auditors)
3 Wey C(yJi
Mary Ro•J
Guil(1rc￿d
SuTTey
GU14QU

The Garden Tomb (J•rusalem) Association
Corrt•nts
Report of Ihe Ttustees
24
Report of ts IndeFendent Auditry5
&7
Statement of FinwKial Actsvibes
Balar￿ Sheet
10
Notss forming part oflhe Financ4al Stateme
11-16

Trusta0¥ and Councu Memb8rn: Revd. P C Weaver (Fetired as Chainnan on 13 July 2022)
P Keeys (appK4nt8J as Chairman 13 Juty 2022)
E Aldridge
S D lfjng {￿gned 26 Selknber 2020 and rwwnt8J on 18 January 2022}
Ms. A LaiThJ
PWM
KJRyan
MFS F T Saunderson
B G Str&ther (reGvJn&l 13 Juty 2022)
Company Secrelary P R V (Trthsurer)
Jerusalem Dlrector. S Br￿ge
Charlty Number. 1144197
Company Number. 7591911
Ch•rty Offic•: PO Box 19462
Israel 91193
and SollcltoTr: 65 Le•Jenhall Stre8t
EC34 2AD
UK Corre8pondence Addyess: rjo C Bxon
A J Benne*ith & Co
3 cr￿1( Mary Roal
Guildf￿d
GU14QU
Bankw8: Bwclays Bank P
11AQ
3 Wey c￿1[ Mary Ro•J
Guild
Surrey GU14QU
Investment managers: Bord￿ & C* (UK) PLC
22 lfjng Street
st J￿eS'S
London
SW1Y 6QY

The Gavden Tomb lknlem) As80clatlon
e Dirnctornrr
•nded 31 Decem
The T￿￿. wFbJ are also Dire(knrs of the Charity for the wrpo88s cl ts c￿npanIeS Act 2rx6, present their rerL)rt
along wf(h the financial staterr￿ts of the Charity for the year ended 31 D￿￿nber 2021. The Ccthpany is limited by
Guarantee and also a registertsd Charity. The Trustees have adop￿1 ts pro¥isiw of Accxwntiro and Rep)rting by
Charities.. Statement of Recommended Practice applicable to d￿r￿eS preparing th4r &(xMJnts in accordan￿ with tha
Financial ReFtiling Standard in th8 UK a￿1 Republic d IrelwKI {FRS 102} {effectNe 1 January 2015}. The Trustees have
had regard to the guwJan¢e publi¢ ter*ft w￿lIStied ty the Chty CiJmmi8sion in exercisirwJ their [￿￿er8 or dut￿.
What Is The Garden Tomb?
Sints 1894. the Garden Tomb. in J8rus*i. h&8 teen maintaingj ty The Garden Tc4nb (Jerus8lgn) Association.
UK Charitable TrusL as a pl*e of Christian ￿rth1p. withess to arnl reftedKJn ofthe lÉfe. death and wurrecIh￿ of Jesus
the Messiah. Whilst many tel￿e this to be the garden and tomb in whKh Jesus of Nazareth was buried after his
crucÉfixion arKI frorn where he was raised fr¢￿ the de&J, we do ncrt kn(yw this for certain. However. ￿e committed to
presemng the sile as a plxe wthere can refleLt ffi the Messiah's sxTif￿ a￿1 victh se8n in His death aNJ
resurrection, with the b￿uty cl the garf￿ beirwJ a F￿￿erful visual remirvjw rfthe8e evenis.
Constftutlon
The Garden Tomb {Jerusalwnl AssLxi*ion was WKI rwJister8J *ith ￿ Charity Ccthmi8SKm in 2011 arKI
commenwj tr*ing on 1st January, 2013 having tsken over business. assds and underta(ing of an unincorporated
regi8tergJ charty Inurr*er 1CK)4(E2). of thg same name. Th8 Trust&9 transfer￿1 the busines8. assets and undertaking
of the previous Charity into this ChaTty to mainlan the op￿at￿ d The Garden Tcfflb in Iwe with Gurrent Charity
govemance and legislation. Both Charities have the same 0￿￿￿ve$.
OurAAn
To d￿laTe the m8swe of Jesus Chri￿$ death and ￿surred￿)n to everyone who the garden arKI to proclaim the
victory of His Sacrifi￿ in Lwiing the vray for all people to receive ￿￿ene$S aiKI r￿Or￿lIk?￿on v￿th God the Father. To
this eThJ, The Garden Tomb is Maintain￿ as a Wrtne￿ and VI￿h1p, the teauty of the garden and th8
integrity olthe message wort toJeth¥ to a plxe encounterthe presence ofthe risen Christ.
. Tours: our multi-natb)nal tean of guides i8 avaiwjle to prcwhde t￿r$ around ￿ Gar￿ to all visrtor5 - wherever
possible in a visitorfs first langu•3e, or thrtyjgh tran￿ation. Leafiets are also freely avaiLqble in over 30 languages for
the benefft of visitors wtho we are unable to gukJe in their knJuaae. During a typKal twr. vtsitors will be sh¢)wn a
rock f¥e known as Skull Hill. or Gordon's Gowha. beirffJ a P￿sIb￿ I(*￿10n for the Cruci￿On of Jesus Christ,
together with a r￿rbY rollintrstone lomb into the rlxk where His may have lain and. if so, frcm where He
triumphantly rose from tha dead.
. M••ting Areas: followng a lour. Christian groups are offer•J the oppyiunlty to l¥)Id a c￿mUnN￿ setvice, or a rr￿eting
in a d8signabJ area set a$￿e for refieLtion arwj L*kntion.
. A Quiet Place: for indivbjual vtsitors, or those requiring a Meet"ng Am. thw8 are numerous place5 around the
Garden where it is possible to tske tirrn to rdlec* on the beauty cl the garden and c￿ the swJnifunce of the messtye of
salvation in Christ Jesus.
Our Toam
The ministy of The Garden Tomb 15 brought to lrfe by a mulli-national tewn d IrAxI staff 8nd overseas volunteers led by
Stephen Bridge who was 4)pointed Dire(kn in Sept￿ber 2015. 8d]e￿5 frcm Iswl and Pdestine work alongside
Christian believers from around the world in liwng ts IrFe of'unty in m￿lah J￿us. and in presentirKJ the'Gcd NeAs' of
Christ Crucff￿d and raised to life.
H¢M We Operate
During 2018. the day4Trd8y opwth'on of the Gard￿ Tomb was b>nsferrèJ to an Israeli registeral notFprofft organisation.
The Director (appointed by the UK Chaiity) is supwt&J by a man4emenl t￿￿. empbyed in ￿Sa*n.
The g0Veman￿ ofthe Chanty 18 ¢￿￿V¢t￿# by the TntsteesftD1r￿IOFs. ￿ narn6 are set on page 1. The Board of
Trustees meets fomialty every quarter. wilh ad hcK meth.ngs as n￿S￿. Trustees are apwinted by the Board of
Truslee8 and hold office for three yws. after nw seek rfrele¢kn for a maximum of iwo *lditKK￿l lemis of

Th• Gardon Tomb {Joruul•n) As8o¢latlon
Flnanclal Revlew
The financsal resulis for 2021 a￿ as set out in this reForL This is ts third full year vthen the Ch¥ity has mov￿1 from full
operational control to oversight of the Garden T￿rtI site. Inc(ffne in 2021 wa5 £834.1K2 {£254.550:20201. and
expenditure was £351,593 1£408,974'.2020) Wing to ￿ rescurces inc¢xning of £482,569 (£154,424 expeThJed..2020).
There were realise•J gains on dispc6al of irWe5tff￿ of£71.5(K) in 2021 (£13.475.'20201.
In 2021, the Charity received an exceptKN7al On￿ grfl of EUR 500.C(Q. The Charity is rwmburs•J for some of costs
ofsupplying management a￿1 other relev8rrt extwtse to the cfw*oFLS basgj in East Jerusalem.
These accounts r￿ect the freehold she &)d bu1hj1r￿ at The Garden Tcffib in Jerusalem a5 well a5 our portlolio of
investments. In 2019. the Trustees ap[Xint￿ Bordier & C* as the rvw investment &Jvisers to Charity- they attend
Trustees, meeting On￿ a year to report on the pthmarKe of the l￿f01￿) against certain ￿(L9n¢8ed benchmarks. In
the ptytFolio.
Loc*ional Chalbng•s
The Tfus19es have aw rwised that the Icrakn of the Garden Torrt*, in East Jerusatem has meanl Ihat there are
vulnerabilities and fisks to global fxtors that mvJht nc* Ot￿se be wdent in the UK. On Occasic￿$ wIrt￿al issues in the
neighbourhcoa have resutted in gatherings ￿ groups sometime5 disC￿￿￿Y, and C￿ violence can erupl. We have
pr(K&Jures in p*e for Certain ￿entUall1168.
Impact of COVID-19
The operalions in Israd in eaty 21Y20 w￿e strhyhirKJ Str￿ grrmth wilh the prcqject of furth￿ record VFSitOTs numbers
en the Covid pandemic in the dosure of all t0￿r￿M in Israel linduding the Garden Tomb) in m¢d-March 2020.
Whilst there have brief pericrtls of limi￿ ¢)pening in the reminder of 2020. trÉ Ga￿ T(xnb h05 effectivety been closed to
overseas visrtors for the remainder of 2020 the miority crf 2021. A w limtted number of Small ttyjr groups came to
the Garden Tomb in the quarter of 2￿1. The numbers of ￿p￿e$ in Israd have been significantly reduced after
the state empwee support schemes conduded in 2020. Some third paty SUPFKYt fu￿lIng has obtained for gome
employees. These details are shNn in the IS￿11 acc￿nts (rf the Amutah.
During 2020, the Charity made use of the Govern￿$ futlwh scheme in 2020 - this hdp&l in sc¥ne part with t
reduced management fe8 irKome frcffi Israel. The Chariiy has been ab￿ to operale throLsghout 2020 2021 WFih some
Future Plans
We continue to kok ahe&J to the future Y•ith that The have a unique mle. pfivilgge and responsibilty to
contsnue to proclaim the meswe of the death and resurredkin CA Jesus Christ through The Garden T￿b. The Board of
Trustees continues to revvw opp(Ktunil*s to èxtthl th8 rexh ￿ the Ganlen T(¥nb'$ ministries in Li￿ Wbth Our Atyms, s
out above.
Regèryeg Pollcy
11 is the policy of the Charity to mantain unle8tric￿1 funds. *thich ¥e the free re5w¥es of the Ch*ity. at a level that
equates to rbjt less than six months Unrestric￿ expenditure to provth ad4u* funds to L))ver all reguw in￿1[r￿￿
expendrture. as well as any uiweded cc6ts that may orw frcrfn time to time.
Structuro, Governan￿ and Iknaggm•nt
Rlsk Management
The Trustees have ex*rtineA the mw strabJio and vthich the Chaiity f￿. ar￿ Lxnfimi that
8yStems have been eslablished to enable regul¥ reP￿ts to be pr￿ so that the nece8sary • can be tak￿ to
mitigate those risks.
Trdlnlng and Appolntmwrt of Trustgfjs
The Trustees. ￿lcY is to #Jentify committed Ch￿traI￿$ sensftNe to mintsty and who have particJJ18r expert18e
or applic*ion ttrot ￿￿Uld lurlher the olThe Garden Tc¥nb $0 88 to ensure a 8nKxth intgjrakn of Board memt¢r¥ ag
others retire.

Tomb (Jentsaleml Assoclatlon
Tru8tO08' R08POn81bllltles In rdatlon to the Flnan¢tsl
The Trustees Iwho are al￿ the diwlors of the Garden Tomb for the Fxffposes cl company law) are rosponsible for
preparkng the Report of the TTU8t*8 the ffinancial Slateft￿ in ￿¢￿dan￿ with applicable k74¥ and Unrted bfjwdom
The 18w applicable to charitses in EnglaThJ 8r¥J Waks Nuires the Trustees to prepare financial statements for each
nancial year which give a true orwj fair viww of the state of affairs of the Charitable cc¥npany and of the incoming
resources and application of resour￿, indLhJirYJ tr£ incATh expwKJiturq d th& c￿lIable C￿nPanY for that
In preparing these financial sL*ments, the Tntstees are TWUiTed to:
' setht su¢table ￿￿nting policies and then appty them consist*.
observe the methods and Pfinciples in the Charibes SORP..
' make1udgem￿ts and estimates that are reasonable
' pwaTe the financial staknents ￿ a wng corKxn unless it is inapprLwale to presume thai the Ch￿ty will
continue in bLtsiness.
The Trustees are re8p)rtsibl8 for kw'rwJ suffiwl ￿)Untir￿ that disd05e with reasonable aLxurw. at any
time, the financial pc6rtth of the Charity and enable th￿ to ensure that the financi81 statoments ￿Mpty with the
Companies Act 21x6. They are also respon8L*￿ for s8feguardiry the assets of the Charity and hen(* for taking
Statement a6 to dlsclosure of inft>rm•tion to Independent Auditor
So far as the Trustees are avrare, there is no relevant informatiw (as definaj by SeGlion 418 cl the c￿PanieS A¢t 20L%I
of which the Charitable companys auditors are Una￿￿re. and exh Tru5t* has tsken all th8 Steps they ought lo have
taken as a trustee in othr to make thwn wAwe rele￿t a￿lIt wrformalk)n ￿ to estknlish that th& auditors are
aware of that 1nf0rrnati￿.
Independent Audltor8
The auditors, Bennffrfilh 2018 Lunited Istslutory AwJilcws}, will be pr(p)wl for rwwintsment at the ftwthCc￿lng Annual
Genefal Meeting,
Approved by the Tnth and slgned on thelr beh* ty.
eeys. Chalmian
Dated.. 27 O¢tober 2022

th01
Oplnlon
We have audrted the financial statements ofthe Gar￿ Tomb Ohe'¢tharit*Ae ¢*mpanl) fcrf the Jpare￿Ied
31 December 2021 the S￿ement of Financaal Adi¥[t￿s. Ba￿[￿* SheeL the Cash Flow Statem￿1
rb)tes to the finanaal statements. induditwJ a summary of ￿gnIfI￿1 th¥￿ntIng poIKtes. ￿ financi￿ reTKJrting frame
that h8s been applied in their Fwaration is p4plKZ￿e and United lfjngdom AccryJnting Standanls IUnite(l KIn￿M
Generally A￿ptsd Ac(xunling Pra¢li¢e).
In our cyirmon the financaal Statem￿..
give a true and fairvie* of ￿ stats ofts d￿rtat￿e ¢x¥npaWs affairs as al 31 D¢￿rn￿er 2￿21 and of its intThliThJ
re8C￿r¢eS a¢wJ aFvlitXion of Tw￿r￿. i￿auding its ir¥)yr* and expenditure. for the year then wd￿￿..
have been property prepa￿d in with United G￿ralty A￿epted AuxNJnlirwJ Prac￿(*. and
have been prepared in ￿QydanCe with the ofthe Comparmes Art 2c￿.
Ba818 for opl
We conducted our audri in ao)Jrdants with Intemalional StaThJards on Auditing (UK) (ISAS (UK)) aThJ appli¢able law. Our
responsiknlibes under Ih¢)se stsndards arg further desaibed in the Audttors. Tesportsikn"lths for a￿lIt oflhe financAal
statements sedkm of our report. We are indep￿￿ of thg charIlab￿ company in a0￿rdance wth the ethical reqU1￿ments
that are relevant to Lxjr audit of the fman(aal statements in the UK irK4udwig the FRC'$ Ethical Standard. and we have fulfilod
our other ethical responsibilities in ?￿h these TeqLNremBnts. We belsève that the audrt evidenc* we hav8
O￿ained is 8uffKaent and apyowale to wbje a basi5 frrftwropintt￿.
Con¢lu8lons rthttng to golng conGem
In auditing the financial smements. we have ¢XstYj￿ trustees. ofthe goiry wJ¢em th￿18 of ao>)unting in the
prep8ration of the financ4al stateFnents is apwwiate.
Based on we have perfOrn￿d. ￿ have ¥Jenbf*d Materi￿ uncertainlies r*ting to events or ￿[KI￿lOn$ thaL
individually or collectivety, may Iwt sYJnif￿anI doubt the ch￿tth uxnPan￿S abilty to cx¥rtiw as o going cTh)cem for a
period of at teast mnths froffl when the finanLial statements are fr)r issue.
Our reSpO￿lbIlit￿S and the resFoMiblibes ofthè truskes with yes￿110 goiThJ 0)n(￿ are dewbed in the rdevant
tions of thi5 reFQrt.
Othèr Inforn￿1k)fft
The trustses arè responsible forthe otr￿ 1nfwm8￿. The other txmkyises the informalion w)thded in the
Annu81 Ret#yL otherthan the slatements *¥J (w Report IndeF￿￿ A￿litOrS th8reon.
In connectton vthh ￿Jr audrt of the finarxial $tatemerts. (￿r wkvffjibilty is to read the other %nfomwlion and. in doing so,
considerwhetherthe other is materialty in¢>Thislont WTth Ihe finarvial statements ￿ our knC￿edge otlained in
the audit or (rthewse appgars to te Mater￿ty misstated. If￿ thntify SLK* material inwnsisten(iès N apparent material
misstatements. ￿ aro [8qU￿ed lo detemine t*thether this give5 rise to a nN8terial misstatement in the financial statemerts
thwnselves. If. based on the we l)ave perfoThned. ￿ o¥)TvJtJde thatthwe i8 a fnaterial misstatement of Ihis other
information. a￿ requirod to report that faoa. We have nothiw rewt in thls regwd.
Oplnlom on oth8r matlpn5 preKrib•d by th• Companim Act 2006
In our opinion. ba$8d on the work Undertak￿ in the course of the authtr.
the inforThalion given in the Report ofthe fcrf the year Ihe finatmyal Stateme￿ are ￿ePar￿j is
)n5islent with the finar￿la1 statements; and
Matt•rn on whlch we arn required to rtyport by •xception
In the light of the knowledg8 and understaThliTr3 of the rtorilabl8 ojmpany *] its en4imnment ¢)btained in the ofth&
audit, we have not Identifi￿ matwial M[sstat￿ in the Rep￿t ofth& TrLth8S

ofthel
nd•ntAuditors
the Ikmlms of
iation
We h8ve nothing to rep)rt in resp8rt ofthe frAknkning mattets Twhere the Ad 21x6 requres us to re￿1 to you if, in
our opiniw..
not visited by us" or
. certwn disdosures of trustees, remur￿rat10n speufied by law we I￿1 made. or
we have not received all the informab.on and explanalions reqLMre for our audt or
. the trustees were not ent￿ed to take thantsge ofthè small conyanies exempts￿ from the wviretwtt to prepare
Strate&ic ReF￿rt or in prepariry the Rawt afthe Trustees
Rgspon$lbiliti•s of tru5t•os
As ewained more in the Slater￿t ofTrustees' ReSp￿Si￿r￿s, the {%tho are a150 the dir￿￿5 of
th8charitable company for the purposes of ￿MpaThy lav) are responsible for the prepaTrb'on of the finanual statements and
for being Satisffi￿ that they giv8 a true aThJ farv￿. forts￿ inlwnal c£rftt4 as the tnjstees deterrnine is nec*ssary to
enable the preparation of finar￿JaI stateff*nts that arg free frcrfn Materi￿ M￿518t￿￿, vA)ther due to fraud or ewor.
In preparing the fifian￿al Statements. the tnjstees ¥e reSE￿nth fcrfas8ess¥w ts itsilab19 ¢xrfnpanYs aLMlJty to t￿tinUe
as 8 goirvJ cMcem. dosdosing. as applKabk. rnatte￿ ￿k91ed lo goiThJ 1x)n￿rn and usirvJ the going basis of
accounting unless thg tA￿tee$ either vrtend to ￿1￿jate the (*¥Itst￿ cA)mp￿1 ￿ to (wse op￿at￿$, or have rn realistic
aKematsve to Ib $0.
Our mponslbllftles forthe autht of the fiMn¢l•l stst•n*
Our obl￿tiVeS are to obtain reasonable assuranc* at¥Jrt whethwlhe fffjatx?al stateF￿ts as a are free from matorial
misstatement, whether due to fraud or error. and to issue a Rekyjrt of the IndeFer￿ A￿lItorS that indudes our ¢Jpinion.
Reasonable assurance is a ￿gh level of assur8Thx. bul is not a guararrtee th81 an autht oy)ductgJ in accordance with ISAS
(UK) wtll a￿ayS detect a material misststement it exists. can fraLhJ or entst and are
)nsidered material rf. individualty w in ts aggregate. Ily be to ￿flUenCe the eoyxjmic
decisions of users 18ken on the basis of these fin8rKi81 slatenwnts.
The extent to our pft)cei1vres are capatde of d8tet*ng Iwukrlli8s. 1Th1￿11[￿j (￿d 15 detsiled telcw.
We obtswied an unde[sland￿g oflhe lega regw fram￿￿ thal ¥cable lo the entity arwj (*temined Ihe
We assessed risks of material Misstate￿nt in re¥*d offraud as f￿k¥￿.
Enquiries fflade of managemwt and Ihose tharged With govemw as well as the 8er¥i￿ fmganwlion Mi relation to
Analytical procedures were used to Id￿1￿ rf Ihere we any unusual or UneYpe(￿ relab￿shIpS
Dis￿$s1on$ vAth man•Jement to anyfraLJJ risk fa(*orn of rela￿￿ pgrty r8lathNthips aThl transathis
Based on the results of risk assessm￿ The wor*￿reS to nc￿N￿m￿l￿ 7hilh T4JL* laws
regulations identified ab)ve.
Enquiries ￿re made of m8nagem8nt and those ￿ryth g0vWnar￿. We c(￿rot￿)￿ rwr wquiries through the revitr
We 0)n￿dered the risk of fraud thft)ugh management override arxl. in reskK)nse. we incorporated lestEng of manual ioumal
entries into our audil approath. We tested year end Joumals ast*EII aspJum* ￿l￿e$ Ily(wghoul the year. Thère were no
transathons identified rmjtside Ihe normal I￿rse of business.
Based on the resuns ofour risk a&sessmerrt deSv￿ed our a￿rt Fxv￿du￿ to *1gntify aThl to address maten81
misstalemnts in rèla11￿ to fraud. We incorF#Nated an elerwrt of 4mwgdthbilty in the se1th￿ ofthe nature. timing. and
extent of audit PTocgJures
whe￿ transaL1ion meet￿g risk uiteria v￿rE idenliw. out furttrw such as athjiliorwl testiny to sour¢o
information.

ofth•ln
A fvrlher description of our resF(￿s￿l I￿eS forthe of ts fin￿la7 sl*emgnts is I￿*d on Ihe Financaal Reporting
Council's *Ebsite at w*w.frOorg.uklaudit(¥sresF￿n*b￿. This desul01￿ foms of Report of th& Independent
118e of our report
This report is made solely to the c*aritstrAe rxjmpanls membe￿. as a tsc￿. in a))xdarKe *ith Chapter 3 of P8rt 16 ofthe
com￿￿￿e$ 2(Th. Our audit work has been uThJertaken so that we might slate to the chwilable companys membe
those matters we a￿ rwired to stste to them tn 8n audrtors. repNI for no other purpose. To the funest extent p¢miilted
by law. we ijo not W (Y assuff* reSP)￿bIlty to any￿￿ dherthan the (*aritatAe and the tharrtabb companls
members as a tr￿dy, for ¢wr audf(work. fry thts reprf ortsthe o￿lDn$ ￿ have fo￿￿.
A J Benn&¥lth FCA.FCP& FFA. WA. FIP& FRSA (Sermor Stabjw
and on behalf of Bennwrith 2018 ￿mIted {Stsluty A￿Jitt¥s)
3 Wey Court
Mary Road
Guildford
Suffey
GU14QU
Daled". 28 October 2022

The Ganlen Tomb (J•nNlemTr Asso¢l•llon
tatement of Flnancial Activlti
forthe Yèar Ended 31 Decem
Totsl
2020
F￿￿ts
21r21
INCOMING RESOURCES
Incomlng reSoU￿e$ from chwltabl• acti¥it*s
Vduntsry income- Donations and gifts
Incoming resources from genwatod funds
Activities for generating furKIs
Investment incLNne
Other Incornlng r•sourGos
Fudough grant
516.303
516,303
188,046
132
5,728
41,114
19.530
3.881
281,1￿1
32,917
3.881
281,1￿1
32,917
T¢)lal Incomlng r•sourc
834,162
834,162
254,550
RESOURCES EXPENDED
Charltable acttvltlfjs
Charttable 8CtiVfty
Govorn•nce costs
323.263
28,330
323,263
28.330
389.979
18,995
Totsl rgsourco5 oxp•nd
351,593
351.593
408,974
Net r￿￿urG•S Incomlngllexpendedl
(154,424)
Net galn¥l(Ios8es) on Investsmnts
Realised
Unrealised
71.
14,920
71.536
14,920
13.475
29.401
Net movemont In funds
569.025
569,025
111.548)
Fund baLaneey broughtfoThvard atstsrt of year
3.043.282
3.043.282
3.154.830
Fund balancos wrlgd fomnl at end of year
£ 3.612.307
£ 3.612.307
£ 3.043,282

Balanee Sheet
at 31 0ocomb•r 2021
2020
Flxod assets
Tangible ass
Investments
1.385.1JJ3
688.815
2.073.818
1.462.890
821.845
2,284,735
10
Current a¥s•
Debtors.. amounts falliNJ due within one ye
Cash deposits at brokers
Cash at bank and in hand
11
1.099.131
225.981
256.174
1.581.286
380.103
226.515
176.212
782.830
Cr￿lt0￿
Arnounts faling due wtthin one y
12
41797
24.283
Net curroTrt a889ts
1.538,489
758,547
Total assotslgss currwrt li•biliti
3.612,307
3.043,282
Credrto
Amounts falling due after m(Ye tkn one
.612.307
£ 3.043.282
Unrestrlcted fijnds
General fund
Revaluation reserve
13
3.124,010
488.297
2.￿,905
473,377
Total funds
3,043.282
The Direcaors t￿r re5F￿￿s1bIlity ts cixnplyiFYJ with rs4uirwnwts ofthe Acl with respect to
accounting reJ))rds arHI forth8 preparatIC￿ of the ￿)unts.
small ccfflpanigs rgjime.
The financial statements appro¥ed bythe Bowd ￿ Tnffjlees on OdL*er 27th 2022 ￿ were signed ¢)n its
behaw ty P Keeys- Ch*rman
On behaff oftho tru#fjw;
P K￿S (Chainn)
27th Octcthr 2022

Tho Gardon Tomb {J•nffjalem) Ass(￿18110
Year Ended 31 t)ecember 2021
2021
2020
C•$hflows from opgrallng actlvltles
Net expwKliture for the year (fr(￿ statem￿ of Financ4d pth1￿)
9.025
(111.548)
AdJ￿tod for.
Depreciatlon
Gains on inveslments
Dividends and bank inlerest
Decreasel(Increase) in t)ebtors
(Decreaseylncrease in Creitit
TT,887
186.456)
13.881)
1719.028)
18.514
100,571
{42.876}
{5.728)
{24.454)
11,844}
{143.939)
{85.8791
OivKlend$ bank inter8St
Net proceeds frcrfn sale of inveskn
Acquiwb'on of invesknents
3.881
512.694
(293,208)
5.728
367.055
{110,0291
Net cash us•d In lTrv•stlng acUvlilo8
223.367
262.754
Not c•#h (uthh￿Y9•nOrat•d In the yw fr4xn au acllvid
79.42
176.875
Cash and cash equl¥alents brought foThYavd •tthe beglnnlng of the y
Cash at brokers
Cash at bank and in Fond
226.515
176.212
£ 402.727
13259
212,593
£ 225,852
Cash and ush fjqul¥al•nts carrl•d fomrd •nd of th• year
Cash at brokers
Cash at bank and in hand
225.981
256,174
£ 482.155
226,515
176,212
£ 402,727
Net {docreaseVlnCr￿e In cash and cash •qulval•nts 4Y•Trtho year
9,428
10

ond•d 31 tl•c¢mbw 202
1. Prlnclpal accounllng polkles
a. Basls of prgparfng the fin•ndal stat￿￿nts
prepared in aCCordar￿e with the Charknes SOiiP IFRS 11)2) 'A￿￿JnIing and ReporbNJ ty Charitses..
ststement of ReComMerKI￿ Pra¢*￿ applicable to chaiibes wepariThJ the￿ accounts in accordance with the
Finanryal ReWing Standard in the UK and Rewblic of Irdand {FRS 102} {efftttsve 1 January
2015).. FinancAal Re[￿kn.ng Standard 102 Tr FirwKial Rewtirg St￿13rd applicable in the UK * Republic
of Ireland. and the Companw Act 2C(6. Tr finarbial Statem￿ have been prepared under the historic c¢￿t
con¥entk)n.
b. Incomlng re•ources
All incoming resources are i￿luded in the SOFA the Charity is legaty entiued to the inLxJme and the
amount can ￿ quantifiod th reasonabbe ac￿r8¢y. Ir￿e$t￿ income is induded when 11 is receivable by
the Chanty.
AJI expendiiure is accourrted lor on * acc¥u818 basis •KI has been classbf*d uThJer he•Jings that aggregate
all costs related to a ¢xtegory. Go¥emane£ o)sts are those In￿Thed for the runnirwJ of the Cl￿ itself as an
ganisati￿.
d. Tangible fixed a*￿ts and deprnciatFon
Tangible r￿ed assets are Ca￿taliSed and i1￿l￿￿d * cost any rx)sts ofaL>4uiS￿"0n.
Depreuation 15 pfD¥ided at the rates so a to ￿lte off larwJilJle fixed asset ovw its useful
economic life..
10% on Lxst
redwng balal
20% redwng balafKe
33.33% on cost
25% redwng baiarKe
Land has not been ca￿ksed ¢kn to Ihe swtsnt of vabjry the ￿m]ue JW5a1￿ srte. The cost of
the land purchased ￿ 1894 was £2.IXK).
FreeP￿Id buiklings at the JerLtsalwn site are stabj at 1994 Valuati￿ and have not been *reuth. F￿ana81
Reporting StaFxlard 17 requires freel￿ property tr> be depreciate(l. The s*arKlard has not been cL¥nplied wlh
In this ￿se as the TFUStees consider the usefvl &orMJnic lrfe of the ljuiklings to te such that the deprecsation
Garden equipment
Apartment & offi￿ funwlure
Computer electronk
Motor vehides
In¥¢6tmonts
Investsnents are st*d at Ma￿et value at tr balan￿ sheet ¢Jate. The SOFA irKJiths Ihe net gal￿ and
losses arising rewaluations arKI di8P)8als ItYwgFKXrt the ￿.
f. Forgign ¢urrencie*
Speufic transactions in fw UJTrencies are translated slwfing at the exthange rate in OFeration at the
date of the transaction. TranS￿￿On$ thrwut are trartsL*d at the average exchange rates for the
year. Monetary assets aNI liabilities *e r*ranslatsd * the rake of eXrtW￿ NlThJ et the balarKe sheet date.
I drfferences are taken to the SOF
g. Taxation
h. Fund ac¢ountlrwJ
UnrestriGXed funds can be Lwd in a￿OrdanCe with the charit*e Obi￿trYes at the di8ueti.on ofthe Trustees.
Restri￿¢￿ fvnds can only be use(J for particular restricted purposes within fv objects of the Charity.
Restrictions arise when spthd by the wthen fijnds are raised for partw* restricted purposes.
statements.
11

Ganlen Tomb (Jerusalem) Asgoclatlon
UK
2021
2020
I Incomlng res¢Jurcgs fr(￿ charftablg aGll¥lU
Donatlons and glfts
Other donations and gifts
516,303
516.303
188,046
£ 516.303
£ 516.303
188.046
Incoming resources from generatod fvrbd5
Acdvltl•s for geneAtlng funds
Shop sdes
132
132
3. Investrnnt Income
Bank interest
Dividends and fixed intW8St
24
3.857
24
3,857
285
5,443
3.881
3.881
5,728
othor Intomlfig r•sour¢o8
Management fees from Amut
281.1%1
281.061
41,114
£ 281.(￿1
£ 281,061
41,114
12

Tho Gardgn Tomb (Jorusal•m) Association
Total
2021
UK
21r20
6. Dlrect charltable exwndknre
Accountancy and payroll prepwation
Allowances for Vdunteers
Bank charges
Deweciabon
Aparbnent fumibJe
Garden equipment
Office equipment
Computers and electronic
Motcf vehtdes
Excharoe rak (￿In$)110$Ses
Insurance
Invesbnent l)roker fees
IT costs
Legal and professional fees
Property rentsl
Repair8 and maintenar
Salary and pension cosls
Shop purchases I¢￿8￿ of sales)
Sundry expenses and staff grfts
Travel- volunteers. staff
Utilities
264
42.432
3.521
314
55,391
2,748
42.432
3,521
11.894
6,734
11.894
14.868
8.418
17,894
531
(5,6621
2,905
12.619
23,792
(62491
(6.1961
1.622
9,184
29.112
9.184
29.112
29.076
29,076
31.655
1.463
141.*8
1.970
5,469
14.608
126.043
2.295
2.033
5.847
126,043
2,295
2,176
5.847
143
£ 202.748
£ 120.515
£ ￿23,263
£ 389.979
Governanc• costs
Audit
Indeper*Jent Examination
Counal and staff tra¥d expgnses
Legal fees
Honoraria
Donations
14.4tx)
975
$87
14.400
975
587
2.200
4.795
12,0
200
12.C
200
12,000
£ 28,330
28,330
18,995
Total rawur￿ axwthd
231.078
120,5
13

2020
The a¥ew8￿*8kty nurrtJwof*npk4*es >wrtAps'.
Salaries and wAgts- UK
So(401 wurity ￿$ts. UK
Pons1c￿ UK
96,075
5.603
37,956
£ 139,634
s￿.750
5,731
39.487
£ 141.S
The Chanty rjJntrd￿J by are a*0 ils Cir8olots. NO￿ ofthg Trusto0s r￿￿eraknJ. Djring 2021. £487
12020-. £4.112I was ￿1mbUr8ej to 3 Trustees for<￿t-0￿e)￿•I￿oS the cour8e ofth8irwtyk forthe Gharity. No
wn¢unts*r• to Tnthes at 31st Dec•Yi* 2021.
Irs a&#￿ts￿, kèy mafiageftwst pers￿[￿ pabj £113.898 n rwnuner*bJn and F*nsix contrtirttr)ns during 2021
1£117,33420201. At 31$l Derynber 2W21, th• amounts NiThJ 41 resF*L# ¢)f key m8nag8rn8nl F4S￿ne1., £6,635
1202tr. £12,793> ill £gW 1202tr. £NILI inoJFrekl. Al th858
in thg rnonth.
9. Tangibl• Ilx•J ￿¥•ts
trMJibJrys
SW ¢qu4¥r￿t
frjmth g]UW8nt
1 January 2W21
th￿on5
DBposals
31 Decwn)er2021
973.818
5e4,803 2r2.401
154,467
2.226,597
971818
272.401
154,467
28.022 2,226.597
1 January 2021
Charg8 for yèar
Ekninabon on di8FwI
3108C8rnbar2021
1￿.287
149.814
11.894
2$9.n1
154,467
28,428
763,707
253,127
181.rn 245.465
154.467
26.827
B41,594
Ngt book valug
31 De￿mber2o2l
£ 973,818 £ 335,478 £ 47.578 £ 26.936
1.195
£1,385,OD3
31D8C￿L￿2020 £ 973.818 £394,336 £ 59.4n £ 33.670
1,594
£1,462.8
2021
2U20
Revaluaion in 1994
Subwuents>)st
443.7T3 443,rn
£ gn,818
£ 973,818
14

10. Investments
2021
2020
Market Value at start of year
Acquisitions at cost
Nel sale proceeds from disp(*￿S
Net realised gains on disposals
Net unrealised gainslllosses) on revalualM)n
Movement in exchange rates
Market value at end of ye
821.845
293.208
{512,694)
71.536
22.745
(7.825)
1.035.995
110,029
(367,0551
13.475
42.793
{13.392)
£ 688.815
£ 821,845
Hi8toricd cost at ￿)d of ye
£ 549,*8
£ 707,289
FÈxed interest secunties
UK equty shares
Non.UK equrty slwe8
Allemative fvnds
123.429
541
498,232
e6.613
132.851
PJJ8.418
79.754
688.815
£ 821,845
DuriThJ 2021, an aThvJunt of£218,071 I$3￿,￿)0) VAS (knMI fmm ￿)VeSt￿nIS to fund
Various projects at the Garden Tomb Site in Jerusalem.
11. Debtors: amounts falllng due wlthln on• ygar
UK
Loan to emFloyee
Loan to USA Friends of Ton
Loan to Amutah on formab.on
Covid loan to Amut8h
Management fee8.Amutah
8.744
12.311
4.674
358,518
365,616
482.142
238.629
£ 1.099,131
£ 380,103
12. cr￿ltory. amcbunts falllng wlthln one year
UK
42.797
24.283
42.797
£ 24.283
15

The Gavden Tomb {Jerugalem) A8goclatlon
13. PA0von￿t In fvnds
The movement on furth for 2021 Is as foknhs."
Balanc* a8 at
at 1 Jsnu
2021
2021
All fiThls a￿ Unrestr**d.
Gener81 ffiJrKI8
2.569.905
$54.105
£3.124.010
473.377
14.920
488.297
£3.043.282
£3,612.307
Net movement in furKts. i￿l￿ded is as folhyw&'
Movem8rrt in
funds
UntgstrIc￿ funds:
General funds
5.698
351.593
554.105
14.920
14.920
Total furnJ8
£920,618
£351,593
14. Comparatfve moveThnt In funds
The m0ven￿ on for 2020 was as fo1[tr￿.
Balance as at
31 December
2020
at 1 January
21Y20
JI fiThls are Unrestri¢W.
General fvnds
2.710.854
(140.949)
29,401
1£111.548}
£2.569,9)5
Revaluation tsswve
443.978
£3.154,830
473.377
Net movement In fixKls. findthkn1 above. k8 as ftlkMB.'
Incoming
Resou
Movmnt in
fvnds
UnreStrIc￿ funds:
General fvnd8
268.025
408,974
(140,9491
29.401
(£111,548)
29.401
Total funds
£297.426
16