2024-03-31-accounts

REGISTERED CONIPANY NUIIIBER: 074iS606 (England and Il'ales) REGISTERED CHARITY NUfvIBER: 1146507 Re ort of thc Triist¢¢s and l. inanLiuI %tdtcmeiils lor th Year I',nd<d 31 m￿cli 2024 for Kiii ￿ David and I larold I lousc I'i)undu(ion Statutory Auditor 3rd Floor Paiific c.hambers 11-13 Viciorid Sircct Liverpool lerseJsid¢ L2 5QQ

David and Harold l.lousc foundation Contcnts of the Financial %tatctncnts lor ihL Year Ended 31 March ?1124 Page Report of th¢'l'rusiees Ileporl (Trfihe Indepcndcnt Auditors Stsi(emLnt orr.inancial Activities Statcmcnl of l inancial P051tion Noies io thc l.'inancial Stdlcmcnis 9 to 15

Kin David and Harold House Foundation ort ofthc Trustccs for the Year Ended 31 March 2024 'I'he trustees whu dfL ¢ilso dircctors of ihe charity for thc purposes of the L(?mpanies Aci 2006, preseni iheir report with the financial statemLnls of tlie cliaritj. for th¢ y'car cndcd 31 March 2024. -rhe trusice£ hai'e adopiLd ihe proTrisions of Accounting) and RLp()rting by Chariiics.. Staiemenl ol. R¢coiiiincnd¢d I'ru¢liL¢ <ippIic<1blc io Ch￿1t]e.% preparing ihcir accounts in accordance with the financial Reporling Standard applicable in the IIK and Republic of Irel￿)dI1..Rs 102} (elyective l January 20191. OBJECTIN'ES AND ACTIVITIES Objectii'e5 and Ain15 'rhL (IbjeLil￿eS ofihe I'uundation arc to.. l)roi'idL ur tnaintain or io LlSSl8t in ihL pr()Visivn or maintcnan¢c ofsLhuols in which rcligious insiruLlion shall bc given wilh ihe principlcs ofihL J¥wish r(iilh,. Promote the education of pLr50ns undLr Ilii ag¢ of 25 years, whu urc or havc al any time be<n in allL'ndan¢e ai an) b¢h()()I pri)vided. miiiiilain¢d, ar J%%i.%lid by ihL l.oiiiidiltian or ￿h() urL (Il'ilic JLivish faith and whil arc in nccd of financial a%%iq[￿LL, b}, cncoiirag)ing sucli pcr.%()n% io %tudy Ihc history, cul(urL and rLligion of lh¢ Jcivish PLopI¢ 4ind thi I 1cbrty￿. lÉinguagc 1( nd lit¢ri( turc, or in (IthLr i¥'ay' 'I'o priiniulL the Lducational, pli}'qi¢al anLI 4VLial dcvelopmenl ofJLi¥i%h y()uth,. 'I'o pri)vid¥ or as%i%t in ihL provision of f£i¥iliiiL% in IhL inlLrcsls of SOCi<il IlLifurL for rccrealion or oihcr IciburL limc OCCLipati', lindnLiiil h4￿dShip ()r.%i)Ci¢il LifLumstdiices with thL objLcl i)I' iii)pruving their ci)ndiliuns 01- lile. ¥'iihoul prLjudicL lu ihL gLnLralilJ of ihc abi)vL in Pn JLM'i%h LLluLati()n and to L(Inlribut¢ lil thL mdllltLnanL¢ i)r thL nLw King l)avid C£impub.'I'hL 'oundcilioii ho¥Trcv¢r di)¥5 m()rL th￿ ihi5 and a150 pr()N'id¢s liinilb thut cnabli Ihc schools In providL a(Iditiondl t¥aLhing IdPaLiIy ' £165,000 t() ¥vN'ir Lmlrgciicy silualion% that mdy arisc from timc lo limi. 'I'he balancc of unruslriLlid lunds al ihc pcriod ciid did n()1 m¢¢1 thib largct. Going concern 'I'hL KindLi&7arten Lontiniics lo m1( ke a profil which cnablcs thc Foiindalinn lo iontiniic to honour ils r¢spi)nsibilitiC5 to the %¢hool% despite ihc gradual rcduction in par¢nlul vuluiilaTI' coiilribuli()ns. 'I'h¢ iiitroductioii ol (il)l?R IILguliilions has impacled ihe Foundation's ability io suslain the level ofconiribulions prcviolisly received. SlRUQTURE,.GO.VIRNAiyI￿1DID￿￿AGKfv1EN Governing document Thc cliarit). is controllcd by ilg gvverning document. a deed of trust. and conslitules a limiled cotnpany, limited by guÉirantcc, as dcriiicd by the Lamp¢inies Act 2006. Recruitment and appointment of neiv trustees In thc Cvint that a tru£lLe PLrmanLntlw rctircs or cldditional neiv Iruslec5 arc required, Ihe 14oard 5Cts up a nominalions sub-committcc to recruit the neiv Iruslee{sl. Page I

Kin David and I Idrold Housc Foundation arl of the I'ru5tee5 for thc l-car Ended 31 March 2024 STRLICTURE, GOVERNANCE AND ￿lANAGE1w1ENT OrgknisationJl structure Thc Board of ihl l.()unddtion consists of four Ordinary Trustccs and three Exoficio TrustLes, namcly the Chair of the Governors of the King Dai'id I ligh SLhool, Ihc Chair of ihL Govcrnors of the King David Primarn. 8¢h()ul and the Chair ol the l.iverpool Jcivish Conimiinilj, ('¥nlrc or ilicir nomineets. 'I'he Board m¢¢ts at leabi bi-monthly.They repon Dll any changcs to thcir s¢hn()I dnd busincss pllc ns and dLvLlupminls. Induetion and training of new trustees I'hL indiiclion proL¥%s for ' nLwly-clppoint¢d irusl¢¢ cotnpriscs an initial meLting ivith ihe Ch¢iir dnd the Board, rollowLd by a SLriLs of shorl m¥¢ling)% wilh ihL. Chief LxL¢Ulii'c. -I'hL ivelcomc pack inLludLs a bricf hi8lury ()f thc ¢ompilliy, copy 11()<ird <in(I siib-Lommitl¥L minulLs. a LOPY of ih¢ lasi Ihr¢e yLars' diillucll r¢port and accounts and a copy of the Mcmorandum and AniLILS ol. Association. REFERENCE AND AD￿1[￿1 ISTIL4TIlfE DETAILS Registered Compan}, iiunib¢r (1745560()11-.ngland <lnd Ill¢il¥sl Registered Charity number 114C)507 Registered office '<ill Ri)Jd I,ivcrpool L15 (Trw'u Trustees l.Lsin-DJvis A K l.eivis M I lai'ivard J RLui)¢n 'l'rca8urcr & Chairman NAdlLr J Leven.sohon Company Se¢retary S IILdPS Auditors I lain¢% Walls Sialutory iludilor 3rd F luor l)aLific Lhambirs 1-13 Victoria SireLI l.iverponl Mcrsc}'sid L2 5QQ PUBLIC BENEFIT REQUIREI¥IENT c_trustccs. nl.Kiiig. Daijid <lTiII I larvldJ{ousoEouud￿ll￿O￿rl￿n￿t11a¥lIi@￿ha¥￿rnpl1Cd-WIt￿1￿£Ir-d￿￿4É￿av1Trd rcgard to the guidance on public bcncfit published by the Charity Commis.%ion in excrcising their paivers or dutics. STATENIENT OF TRUSTEES, RESPONSIBILITIES Thc trustecs (ii,ho are a150 Ihc dircctors of King? l)avid and l-larold FIousL l.oundalion for the purposeb of company law) are responsible fi)r pr<paring Ilic Rcpori of the 'l'rust¥C5 the financial bl<ltciiiciits in 1< cCord￿In¢L Ivith applicable law and Uniled Kingdom Accounlinf) Siandards Iunitcd Kingdiim (iencrallv ilcceptLd ALcuunling Practice). Pag¢ 2

Kin nrt nf tliL J'ni.steL loi. IhL YLLir l-.iidLd i l MiifLh 2U?4 ST,ITF.￿IE.NT or TRllS-fETr:S' RESPONSIBILI'I-IF..%- continued statcmLiILs. tlie Iru%tc¢s arL' r¢quir¢d io .scIcLt suitalil¢ acc()unlinb puliLie5 and ihLli apply thLIII Lon%islenily', %(IRII. prepiifL ihL liiianLliil sliqtLmLiits on iIiL g()iiig coiiccrii hasi.% unlc%s it 1.% itiappr1)pria￿ to prL'sumL th£il tl)L LI7￿lri1dbl¢ coiiipan}' will c(Iiitiiiuc iii hu4incs5. 'hL IruslLL% arL fLSPOlI.%il)IL fi)r kLLping propLf dLLiiuiiliiigi rLLI)I'd% ivliicli disLII)%L iviih I'Li14011al)IL aLLufdL)' al (Iny iinil ,IIIDI'I'()IIS ApprovLd bj. i)rdir ()I' IIIL Ixiiird ()rtiuslLL¥ (In J IILubLn - 'l-ru%l¥¥

Re ort ol the Indc indcnt Audilors lo thc Members or Kin Dai'id and I Idrold House Foundation Opinion 'u liavc auditcd the financial statements of King David aiid I larold Flousc fouiidati()n lih¢ chari(able compan) I for Ihe )'ear endcd 31 ￿larCh 20?4 w'hicli comprise ihe Siatumcnt of l--inanLial ActiN'itie8, the Statcmcnt of FinanLiai Po.qition and n()l¢s to the financi¢il 5t ALCLPted *lcc()unting Practiccl. In our opinion ihc finaniidl stdlcJnenls'. give a irue and lair vic￿. of ihe .%tdt¢ ol. thc charitable Lumpany's affairs as at 31 March 2024 and iTrf ils incoming rcsources and applicaiion uf rLsourccs, iniliidingj it5 income aiid ¥xpLndilure, for th¢ ycar then cndcd., have bcen propcrly pr¢parcLi in acLordc2ncc wilh lJniied Kiiigdom CIincrally Acccplcd AccounlinuJ PraLticc,' and hai'¢ bc¢n pr¥P(IrLd in acLordi< nL¢ ￿￿'11h ihi rcquiremciits ol IhL Lumpanies Aci 200(1. B#sis for opinion Ill¥ ¢i)IiduLt¥d ()ur audit in accordance wilh Inlcrnational Standards on Audiiing IIJKI {ISAs {UKII and tspplicL1blc laiv. Our rL5puiisibiliti¥s undLr tlii)sL slaiidards arc fiirthLr deSLribLd in (hL Audilors, r¢spon8ibililiLS IL)r IhL audil ()f the rinJn¢i&l 8laiLmLn15 SLLlioi) of ()ur rLpurt. IN'C arl ind¥pLndLnt of the chariif ihL IinaiiLial slal¥iTILnls is approprialo. 13d%Ld on IIiL ￿ork IVL h&lV¥ pirf()rmLd, IVL hi1￿¢ n()1 idintiliLd ciny Inal¥riiil unLLrtainlics r¥l¢ilinb l() evlnls or Londilions Ihdl. indi￿lJi)dI1Y ()r Loll¥Ltik'ily, may cdsl sigiiifildnl di>iibt 011 ihL ¢hJril(IblL Ll)mpdlll S Libili(y til Lvnlinuc as a guin LOIILLni for £1 p¥ri()Ll i)I' di ILil.%l Ii¥'LIvL Iniinil)% fri)iii i%'lTrLii tIiL financial %tiilLmLiils arc ¢iuihuri5Ld foT ISSUL. Our rcgpon%ibililic.% and th¢ rL'sponsibilities of ihc truslcls with rcspcct lo gi)ing conccrn arc d¥bLrihcd in ihL r¢l¥vani s¢iliiin.4 ()[ Illi% rLporL. Other information 'I'hL iru.%t¥¥b arL fL.%ponsiblc for IhL oihcr infnrmalion. 'fh¢ oihcr inlormaliiin c()mpriscs the information includLd in Ihe Annuiil Il¥port, uihcr tliaii thL finan¢i(1151alcmciits ￿ld our IILport of tlie IndLpLndLnl Audilor.s ihcrciin. Our opinion on ihc fin(Iniial bl£l(cmcnts d()¢s not Lovcr thc oihcr infiirmation nd. ex¢¢pi lo Ihc cxtenl oihcrii'isc ¢xpliLiily statcd in our rLpiirt, WL do nut Lxpress iiny fvrm ofassurancL c()nilusioii IlicrLoii. In connection with (iur dudil of ihc finanLi¢il slatcmcnts, our respon5ibilily is io rcad Ihc (Ithcr inforniation and, in doing SU, Loll5idcr whcihcr ihL i>ih¢r inloriiiation ]% mal¥ridlly inconsislenl ivith ihL lini£ ncial %lal¥m¢nl% or oiir knowl¥dgc vbi<Linid in ihL Eiiidit or oiherivisc appLar5 lo bL mcltLriJll }' mi551dled. If wi idciilil )' such malLridl inL0115iStcnLieb or IppJr¥nl mJl¥rial InisslatLmLnls, w¢ rcquircd io dLl¥rminL whcthcr Ihis giv¥b risc lo a Inalcrial mi%%latLlllClIt in th¢ rindncial slatemiiits IhcmsclN'cs. If, basLd on thc ivork H'¢ hai'l pLrlormed, WL ¢vnLliidL thal IhLrL is a malLrial mi5Slal¢m¢nl ofthis other inlornialion, M'c are required io rcporl that fact. IVL hai'c nothing lo r¢porl in ihis reg￿d. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, basLd i)n the ii'ork ui)dcrtakLn in Ihc Louf5c of the audit". Ihc inlortnatioii givLn in the Rcpori of the 'l'rubleLs for ihc financial year for ii'hich the financial stalemenls arc prcpii r.cd_is.con.%iSL"nLwi￿Lth0[1llaDelaL5.ia1ClIiCIits the Report of the'frustccs has been preparcd iii accordan¢¢ with applicable legal requir¢mcnls. Pagc 4

Re Kin ()rt Dr thc Indc ciidciii Audiiors to ihc Mcmbers of David and I larold House Found&iio .latters on which we are required to report b}. exceijtion In ihc light OF Il)c knO￿ledge dnd undcrslaiiding ill. IhL charitable company and its environmenl obtaincd in the ¢ourse of the audii. we have not idcntiFied mdlLrial misstaEemeni.% in thc Report of the'l'rusiccs. We have nothing to report in respect of ihe following matters where ihc Companies Aci 2006 requires us lo rcport to you if, in our opinion-. adLquatc accouiitinu reL()rds hdl'e iiot b¢en kept or rcturiis ad¢iiuute for our audit have nvt bcen rc¢¢i&¢d from bran¢he% nvl vi4ilLd by iis., or thc linancial statimenis not in agrccnient wilh thc dccounting r¢ci)rds and reiurns; or eri<iin disLIosurcs of Iru.sleL%' reniunLration spccifi¢d by laiv arc not m£id¥', or ¢ hai'L not rL¢LivLd dll the iiiform¢ltiVll ii'iblc 41%.%iiraiiLL ab(iul ivli¥ih¢r Ihc finanLial slal¢m¢nts as a whul¢ arc frLc fr()m malLrial misstaLLm¢nl, i¥hL(hcr dLIL to frdiid or Lrror, lind li) issu¥ a RLPOrt ()I' Ihc Iiid¢'p¥nilLnt Aiiditi)rs th(il iiiLlu(Ics i>ur ()piniiin. RcasoniiblL £lts.%uft ¢1 gu£ifiintLL thill dn audil LiinduclLd in IICL()rdanL¥ Wltli {IIKI ii'ill ¢ll￿.￿y5 dLlcLt d nial¥ri(Il mi%%latLIIILllt iTrhcn li cxi.%t%. Mi%slalcni¥iil% Lan arisc fT(Im rrauJ or Lrror and arc LoiisidLrcd mJlLriiil if. in(lividii<illy or iii IhL augrLgalL, th¥y L()uld rLasonably bL cxpcLlcd to inllucnLc tlie ccoiianiiL IiL¢i%itsn% vl. u.%Lr.4 laken on ih¢ babis of ihcsc finan¢iul stal¢mcniS. 'I'h¢ ¢xlenl lo which oiir procediir¢s are cdpablL ol. dctccling irrcgularitics, includingi fraud 1% delailed b¥luw'. Idcnlifying and &qS¢Sbilib Ihc design crr¢Lliv¢nL58 ofLontrol% mdnaglmcnt has in plac¥ lo prcvciil and dcl¢cl frn.%id¢rLd aiid addrLSSLd th¢ potcntial for ovLrrid¢ of c()ntr(11.s (Ir ()IhLr iiiappropriiltL inf]uiniL ui'cr ihc fiiidiiLl<il ripi)rliiig procc%s', Rcvicivii)g fiiiancial sl4ilLincnls disclosures and ILs1ing to 5UPPOrting) d()¢umcii(ation lo assebb cumpliancL Ii'iih appliLablL law £iiid rLL)ulatii)nb', ChallLnging assiiniptianN judgcmcnls made by mJna¥cmcnt iii its signifiLunl accounling eslimaiLs', l)Iprciidtion ol. fixLd assets.. ￿.¥ L<irriid oul a rci'ieifv and rLLalciilic tioii of d¢prLLiation', Prcpaymcnts.. M'e Ldrriid out a rcvicm, and rei<il¢ulalion of prcpaym¢nts' lo assess ils apprvpriatcncss for iniliision iviihiii thL finanLial 51dtctnciils' <ind AILrua15.' Ivc carriLd nul a riiJiLl￿. lind rcci£ Iculalion ofaccruals to assess ils appropri1c leness for inclusion Iviiliiii ihe Iinancial slatcnicnts. Idcntifl'ing aiid t¢slin¥ juunial ciilrie.s, in particular an), journal entries po%led ivith unusual acLount mbinillion5 Pagc 5

i)rt of ihe Ind¢ ciidcni Audiiors lo th¢ M¢nibcrs of David and I Idrold FIou5e Foundation Kin Our audit did not identify an>. significant maiicrs relating to the deLeciion of irrcgularities including fraud. Flowevcr. d¢sPltc the audit being planned and conductcd in ac¢ordancc ipith ISAS (UK) thLrc remains an unavoidablc risk ihai maiLrial misstatcmcnts in the findnLial slatcmcnts may n()i b¢ dctictcd oi¥inL io inherent limitations (Il- Ihc audil, and that by iheir very naturL, any su¢h in.%l(InLLs of fraud or irregulariiy likcly involve collusion, forg¢ry, intcntional mi.sreprcscntations, or tlic override of internal controls. A furth¢r d¢scripii()n of our responsibilitie.% for ihe audit of ihe financial statements 1.% IoLdted on thc Financial Reporiing Couiicil's ￿ebsite ai wwiv.frc.org.uk/aiiditDrsrespunsibilitics. 'I'his desLriplion forms part of tsur Report orth¢ Indep¥ndLnt iludili)rs. Use of our report This r¢pon 1.% madL bolcl!. to ihe charitable ¢i>mp(Iny'5 mcmbers, a body, in ciccordancc with C'hapler 3 of l)arl 16 01. thc Companies Act 2006. ()ur audit ivurk has bLLn undLflaken so thal we mighi %late to lh¢ ¢hurildblL Colllpciny's mcmb¢r% th()sL mdtlLrs ive c1fL fLquifLd to 5tatL to them in ¢in au(litors' rLpoA and for no otl)Lr piirpos¥. .1 o IhL fullLst extciil P¥ftlliiiLd b}. lam,, wc do iiot dC¢¥pI or (18%umL rLspoiisibiliiy t() (inyonc other Iliaii thi ¢hdritiiblL company and ihe ch'. lor oiir Judil l¥l)rk. for ihis rLPOrt, or fi)r ihL ()piiiioiis iv¥ liavL li)rmc(l. Micha¢l FThr$￿a￿ 18Lni()r Siatulory Audili)r) ror and on hLliall' of I IJiiiL$ 11 all. Siuiutiiry Auditor 3rd l-.Ii)or I'a¥ilii C",hamb¢rb 11-13 ViLloriii 8ir¢¥l I,ivLrpool NILf5Ly5idL 1.2 5QQ Dalc.. Pagc 6

Kin David and H&rold I louse Foundation Statement of Financial Actii'itics ror the Year Endcd 31 MarLh 2n24 31.3.24 Total funds 31.3.23 Total fiinds as rcslalcd Unre5lrictcd funds Reslri¢ied runds Noles INCOIWIE AND ENDOIVIVIENTS FRO￿1 l)onatii)ns dnd ILgiciL. 46,878 46,878 74,566 Other trading activiii¢s 389,687 389,687 496.244 Total 436,56S 436,565 570.810 EXPENDITURE ON Raising funds 342J89 342,389 64,041 Charitable activities CharilablL dLlivilies 141,963 141,963 523,618 Total 484J52 484,3.$2 587 659 NET INCOI¥IEIIEXPENDJTUREI Other recognised gainslllossesl tiains ()n rev(iIu<ilion ol- lix¢'d £L8S¢IS (47,787) 47,7871 (16,8491 3,034,343 3,034,343 2,1)44,455 Net niovement in funds 2.986.$56 2.986,556 2,()27.C)06 RECONCILIATION OF FUNDS 'I'vt<il lund% bTOLigJlil forw. 38,32S,602 4,117 38,329,719 35,4112,113 TOTAL FUNDS CARRIED FORIVARD 41,312,158 4,117 41316,275 38.329 71 () Thc notes form part of these financial statements Pagc 7

Ddvid dlld l-liir()Id I Inu8L Foulldation SialLinenl nfFinai)cial Pnsitinn 31 MÉifLlI 211?4 31.3.24 TolAI Ilniibtric(Ld luiids IlestriLl¢d luiids luiids as resliL(¢d N()te5 FIXF.I) ,I,(%(iF.7-S Tang7iblL ii%scL LriiJgL asse15 41,2UO,IIOU 61).9ll7 iX.171,li7 64.407 69,907 41,261),907 41,261J,91J7 38.235,564 (:IIRRF,NI',I.SSF,TS 10 29.71)9 711,771 29,709 74,111)2 5,81(Tr 144.()59 4,117 4,117 104.GOI 1511.475 CRF.I)II'I)R*> 1$8.2331 1.58.2331 15().32UI 46,368 94.155 41.312,1$11 4,117 41,316,27S 311.-329.71 C) 41,312.1$11 4,117 41,316,275 3X.32().71() FIINII¢ 41.312.1511 4,117 3¥,325,()02 4.117 IIL%lriLtLd lund% 1'01'.41. b iINI).S 41,316.27$ -111.32l).719 'rhL fiiidncidl btcltLIIILiIIs WLI'L appfilVLd 1)>. tl)L f4i)di.d of Trustc¥s dnd duthoriscd for i&&UL 01) dnd ￿LfL. %ILTnLd oli ILS beliiill'hy.. J RLuhLii . '1 nislL I'li¢ iiolLS loiin pdi't ol. IhLse linanLicil NiatLiiienl

Kin David dnd Flarold Hou.%e Foundation N()leb to thc financial Statements for tlic Year Ended 31 Marcli 2024 STATUTORY INFoR￿lATIoN King Dai-id and l.lar()Id I lousc foiindation 1% d private conip¢in!,, limiled by guaranlee, Tegi5tcrcd in F.ngl¢md dnd Walls. 'I'hL Lompc1ny's rcgi%ter¥d numbLr ￿ld r¥gi.%terid orrice addrebs Ldn bl fouiid on the'l'ru5lccs RLPOn. -I'hL financial slatemLnts are prepdr¢d in sl¢rling. w'hich is ihL functional cU￿enCY of the company. M()nctdry ,Iniounlq in thcsL finaiicial slalemlnls arc round¥Li (() IhL nLarcsl £. King David and Ilarold I louse Foundation m¢et% thL dcfinition of a public benefii eniily under fRS 102. ACCOUNTING POLJCIES Basis of preparing the financial statements -I'hL linilllLldl slal¥mLn15 01. thL Lliaril¢iblL ¢(Inipany, iTrhi¢h is a public beii¢fil cnlily undcr l-.IIS I O? have been pr¢p<ir¥d in rJni% havL I?LLn m¢L it is pr(Ibublc Ihal IIIL iiicnni¥ ￿111 bL rLLciiLd ajid tli¥ ¢in)(iunt L￿1 bL mi¢l.%ufLd rcliably diid 1% n()t dLfcrrLd. Expenditure .ial)iliiiL% dfL fLC()gnibLd ab ixpLnditure as soon a% ihcrc is a IL'gal or coi)slructive Iibli&Jaiion commilting Ihc Lliarily io Ihal c.XPLiidiliirc, il 1% probablL tlial a irdn%lir of cciin(Iniic bLnclils w'ill be rLquir¢d in 5CtilLnicnl (ind thc £lm(Iiinl ()f IhL ()bligcltii)n ¢¢111 l)I i))LIlSLirLd rLli\i bi dirLctl> ullribulcd to Pl£ niculJr h¢udings ihcy hJv¥ biln ullociltLd iii (i¢liviiics a bdsi% c()nsistLnl with ih¢ u%c of rcsour¢¢s. Tangible fixed assets l)Ipf¥ii(ition is nol LhdrLILd vii ilic frLLh()Id priipirlN' a5 thL iriiblL¥b Liinbidcr Ilie a.%.%cl li) havc a liigh rL.%iJual valu¥ ivhiih rLinoi'c.f ihL n¢Ld lor dcprLLilL tion. Insl¢ad il is valiiLd rlbiularly li) liiie ii'ith Il)L Cl)1L riliL.s SI-11111 Ihis ensuris ihul Ihc carrying) amount docs iiol dilT¢r m¢ilLrially Irom th¢ lair ￿a]lIc. Vic Ilidlion ib LoinplLtLd hy ,LIIL5iaslicc21 and i.s bJ%¥d on an assc.%smciil ()i- thi dpproximalL ¢1151. usiiig tcchniquLs lind n)alcrials thal alloiy lh¢ buildiiigs to be s)'mpJihcliLall)' repairLd ()r rLpl¢iLLd in <1 simil<ir lorm to the Lxistin¥ btriicturc, using malerials that arc 5ubslanlially IhL samc as Ihc Iiriginal, but I￿.￿]C￿l ma) ni)I bL of thc sainc pLriod. Heritage a55ets I'.hcsL.,IsseLs..¢elaLQioJ 0RaLG4LL￿￿￿1Undat1OA4Rd-as6o￿1ln8wh incliidLd in Il)L bcilancc shLet al k'alualioii. li is IhL r()undation's policy li) mainlain the items in d good state or rcpair and cxpenliilurc incurred in order Iv prcscrvc such dSbet5 15 rccogni.%ed in (he 5tatctnent or rinancial activitics as il 1% incurrLd. Thc rcsidual bal(IncL of these assels is considLred ¢a¢h Jcar and dcprL¢I(Itiun is charged if requircd. Taxation The charity is exempi frotn corpor£ltion i&x on its charitable a¢li*iti¢s. Pagc 9 Continucd...

Kin David and Hartsld I Iuu5e Foundation Notcs to Ihc financial Statcmcnts- continucd for the Year Ended 31 MarLh 2024 ACCOUNTING POLICIES- continued Fund aecounting UnrLslricled fiinds Lan bc used iii a¢¢ord(Ince with lh¢ chariiable objectives al the discrctioii of ihe trustees. Rcstri¢ied funds can onl). bc u8ed for pariicular re%triLILd purpose.s iiiihin ihL objccis of lh¢ charity. Restriction5 arisL ivhcn SPLcifi¢d hy thL donor or ￿h￿n funds arL rais¢d fi)r particul2￿ r r¢stricied purposes. rurthcr explanaiion ofthe natiir¢ and purposc of ca¢h fund is incliidcd in Ihe n()tcs to the financial statemenis. OTHER TRADING ACTIVITIES 31.3.24 31.3.23 ab rLsiatcd Mi%LLllclllCI)us income Kind¢rbi<irlLn inLoiii¢ AppL(Il inLomL 12 389,SSS 120 2,397 493.727 120 389,687 496,244 NET INCONIEI{EXPENDITURE) Nei incom¥l(cxpinditurL) is stalLd aft¢r Lhargingil{Lr¢dilinb}'. 31.3.24 31.3.23 Js rLtsla¢¢d Aiidiii)rs' rLmuii¥r(ilii)n 6,9UI) 6.90U TRUSTEES, RE￿luNERATIoN AND BENEFITS 'I'hLrL WLrL nil trLlStccs' r¥mun¢ralion or ath¢r bencf115 for ihe y¢ar ciidcd 31 MarLh 21124 nor r()r ihL yiar cndL'd 31 Marih 2023. Tru5tee5' expenses -I'here iv¢rL no 31 MilrLh 2023. trustces, Lxp¥nsLS paid fnr thl ycar cndcd 31 Murch2024 nor for thc year L'ndLd STAFF COSTS The average monihlv number ofempli)y¢es duriiig the ye(Ir was a5 follows.. 31.3.24 31.3.23 as rcsi&l¢d Administration 15 16 No employecs recciTr'cd emalumenls in cxccss of £60,000. Page 10 coniinucd...

Kino David and Flarold Flousc Foundation Notcs to the Financial Statemcnrs - ¢()nlinu¢d ror ihe Ycar Indcd 31 March 2024 PRIOR YEAR ADJUSTiIIENT Flcritage musical instrumLnls previously lield at £15.000 H'erc dispi)%ed of in 2011. I'he%e hdve bcen remoi'ed from HLfii<ige (1Sbe(% on thL B<ilanLe ShcLt aiid I'otiil fund5 brouglii fttriN'<ird on ihL Sia(LmLnl of finaiicial Activities. Flcritagc rcligi()us .qcrolls il'erc valued ai £64,407 in priijr year and so Ihc value of £48,407 has been dcbited to l.IcritauTe A55Lts on thc B41dniL Shcct. £5,500 Lredilid to Statcm¢nt of i-.inaiicial ActiviliLs for in y¢ar valu<ilion incr¢asc and £42 ()07 credited lo 'l'otal funds brought l()rward. I'angkible asscls wcrL N'alucd ai £38.171,157 in prior year and so the value of £11,425,256 has bc¢n debiled to I.￿gIbIC A.88Ltq i)n the BJlanc¥ 8hLLI, £.3,028,843 Lr¢ditLIl io StcilcmLnl of l.'inan¢ial Aciivitics for in year valiiiili(In incrtyas¢ und £8,396,413 LriLlitLd to -l.otdl funds bruugjhi foni'ard. TANGIBLE FIXED ASSETS rrLchold pr()pLrly COST OR VALUATION Ai l April 2()23 Ilcvalukitions 38,171,157 3 028,843 Ai 31 fvlarch 2024 41,200.000 NET BOOK VALIIE At 31 NliifLh 21124 41,200,000 Ai 31 Nlarlh 2023 38,171.157 WhLrL' IhL IrLLlii)lJ priipLrty to bL C¢irriid ut historiLal Li)s1, IhL L05t altribulabl¥ io ihc pr()PLriy is £25.5411,000 121123.. £25,540.0001. Pagcll continucd...

Kin D￿￿'id and l-larold Flouse l.'o)undation Nntes to thc financial 8iatcJncnts- coniinued for thc Year Ended 31 March 2024 HERITAGE ASSETS Total IARKET VALUE At l April 2023 Additions 64,407 5,500 At 31 fvlarLh 2024 69,907 NET BOOK VALUE Ai 31 Nlarch 2024 69.907 Ai 31 March 2023 Thcsc asbels rclat¢ lo rcligi()us scrolls, boaks and iiricfa¢ls. WherL th¢ hiriiugL ￿SLI& lo bc LdrriL.d at Iiisloriial Lost. thc ¢ost uiiribuldblc lo ihes¢ abSLis ivoiild bL £53,541 (2023.. £53.5411. 10. DEBTORS.. A￿lolINTs FALLING DIIE WITHIN ONE YEAR 31.3.24 31.3.23 as rL%tdicd PrcpaymLnts & oih¢r d¢bt()rs CIill (lid rLLluiniLd 27.910 1,799 2,4}74 29.709 5,816 Page 12 c()niinued...

Kin l)avid and Flarold Flouse Foundation Notes to thc financial Staietnents- continued ror the Year Ended 31 March 2024 CREDITORS: AIIIOUNTS FALLING DUE IVITHIN ONE YEAR 31.3.24 31.3.23 as resthted Oiher creditors Social security and other tLxes AciruLd Lxpciiscs 54,189 4,044 44.636 3.443 8,241 58,233 56.320 12. IOVETrIENT IN FUNDS Nct movLmcnt in funds At 1.4.23 At 31.3.24 Unrestricted funds General fund 38,325,602 2,986,556 41,312,158 Restricted funds IILth l)ming resourLib Rcs()urLIS cxp¢ndid Ciain% lind lo￿￿¢b Nlovcmcnt in fuiids Unrestricted funds tiLnLral fund 436,$65 1484J52) 3,034,343 2,986,$56 TOTAL FUNDS 436,56S 484J52) 3,034,343 2,986,556 Page 13 continued...

Kin Dai'id and I larold House Foundation Notes to the F inancial Stalemen15 - continued for the Year Ended 31 March 2024 12. IOVEIIIENT IN FUNDS- continued CompAratiTres for movement in funds Net movcmLiII iii fund5 At 1.4.22 Ai 31.3.23 Unrestrtcted funds tiLnLral lund 35,397,996 2.927,606 38,325,602 Restricted funds 14LtlI Dill'id l. und Jewish l-.nrichm¢iil Neiv Campus 3,()17 500 3.617 500 4,117 4.117 TOTAL FUNDS 35.402.113 2,()?7,()116 38,32().719 Lompar¢llivc nLt mov¢mLnt in liiiids, incliidLd in lh¢ abovL are as follows., InL()ming r¢s()IirLLS IIL5uufcLS ¥XPLndLd C¥aiiis and Iu.%SLS lov¢mcnt in funds Unrestri¢ted funds IF¢n¢r£il lund 5711,810 (587,659) 2,()44.455 2,927.C)OC) TOTAL FUNDS 5711,810 5117.()51)) 2,1)44,455 2 ()27.606 Analysi5 of net J$sets bel￿'Cen funds - Previous yeii r Unr¢slriilid funds Rcbtrictcd lunds -rotal ' ixLd d55Cts LurrLI)l assLI5 CrLdit(Ir% fdlling duc within onc >'C1£ r 29.$11,244 15(),1188 53,UU11 29,811,244 11)4.1105 53 0011 4.117 29918,131 4,117 21),922,248 Page 14 continued...

King David and Ilarold Flouse Foundation Notes to the Financial SialcTncnls - continued for the Year Ended 31 March 2024 13. RELATED PARTY DISCLOSURES Thcrc ivcr¢ no relaied party tTansactions for the year cnded 31 March 2024. 14. WINDING UP OR DISSOLUTION OF THE FOUNDATION 'I'he luundation is a ¢ompany limitcd by guaranlee has no shar¢ capital. In the event of the Lharity being wound up, the li¢ibilit> in respect of the guurdntce 15 limiled io £ I per mLmbcr of lh¢ Lharitv. 'I'his page docs not form part of thc statutory finaniidl slatcmcnts Page 15