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<iii of individuiill wh() neLd of 5ULh faLiliiic% b) rLas01) ofilicir yauih, agTL infirmily
or disubilit>', 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 P<wlILul￿ lo provid¥ f¢iLililies lor ihc JLwish Lommunily.
b)
dl
Significunt activities
'I'hL l.oiindatlllll'S LSSL'iiiial fiin¥lion is lo ruigL and administcr th¢ flind.% nLLdLd io siipport Ihc King David SLh(Ivls. 'I'h¢
riiiids rciiscd lo suppi>n 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 <ind hLlp with thL sh()rLfalls in ih¥ budgLI whcrLver possibl¢.
FINANCI.4L REVIEW
Finthncial position
'I'hL Lhdri15' madL dlficit in ihc ycar of £47,78712023.. dLficit of£16,8491, with ribLrvcs of£41,31 C),275
12()23'. £29,938,8n31 al the year eiid.
Principal funding sources
'I'hc princip(il lundiiig cotncs fr()m miinblrb ol. public in the ￿ea.
Reserves policy
li is policv to n)aintain a ba1￿ce on iurrint unrcslriclcd funds which ¢qualcs lo at leasi four m()nihs lolal cxpcndilurL,
LqUII'dlinl lo upproxitnalcl>' £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 <in>' 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<il¢menls, iIicludingF ¢1 suinmary of significant accounting policies. I'hc finanLi#l
rcporting framcii'ork that hds bLcn applied in iheir prcparatioii iq appliLdble law and United Kingdom A£¢()unling
Standard% Illniied Kiiigdoin CJ¢nerall> 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 charii<iblL Company in ￿ll￿ordance wilh (h¢
eihical requircni¢iils Iliat arL TcILvant to our audii ol. thc linan¢ial .4tdlLtnLnts iii th¥ IJK, includiiig tlic l.'RC.'4 l.-tliiLal
Standard, ai)d w¢ have fuifillLd our oih¢r ¥ihiLal rc5ponsibili(ics in aLL(IrdaiiLe i¥'ith IhL.%L roquirLmLiils. 11.'I bLIiLvc
Ihal Ihc audil Lvidcnce wc have obiainLd is surficicnl and appropriatc lo providc a basis for oiir opinion.
Conclusion5 relating to going colleern
In iiudilingi ihL l inilllLidl stdl¥niini%, IVL hGIIL ¢oii¢ludid ihut ihL trusl¥is' us¢ of thL going conccrn busis ofac¢ounlingJ in
Ihc prcparliiion i>f 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 <ind cxpldn2c lions i¥i rcquirL lor oiir aiidil. or
(he Irustces iverc not cntiilcd io lakc cidvanlage ()[ lh¥ sinall companiL.% exLtnplion from lh¢ requiretncnt to prepar¢ a
Strai¥giL Rcpori or iIi prcparinb Ihc Report ot'thc .1 ruslees.
Respon5ibilitie5 of trustees
As cxpldincd m(IrL fullj in th¥ Si¢lt¥n)Lnt (lf'i'riislLL￿, Ilc%pi)nsibililiLs. Ihe triislLL.% {Ivho also the dirLLlors of ihc
charitablL company r()r (hL purposes ofconipany. laivl arc rLspoiisibl¥ l()r thL prLpardlion ()r ihL I Iiidncial stal¢m¥ntg and
ror bLingi satisfi¢d that they gTiVL a Iruc and fi¢ ir i'll w, and Ivr such inlcrnal L()ntrol as th¢ ¢ru%tLL% dLtLrmiii¢ is llLCL.%.%klry
Iii cnablu ihc prL'p￿atIOn or rinaiicial s(alLn)cnts that arc free frotn malerial mis.qlaiLmcnl, M,Iicih¢r due to fraud or crror.
In prcparing Lhe financial slalcments, Ihc truslc¢s arL fLSPllll.%ible for ass¢s8inbT the Lliarilable comP￿Y'S abilily io
Li)nlinuL giiiiig) Loii¢¢n), dibLlI)4ing, as £ippli¢¢iblL, n)allLrs rLl<lt¢d lo goingj L()ncerii cind usingi ihL gi)iiig coiic¥m
basis lif aiciiuntinby unlLs% ihc tru%l¥is cithLr intLnLI to liqiiidalL thc LhilTilable Lonipany ur Lu LLase op¥r¢ilil)ns, or have
no rL'dlislic alt¥rnulivL bul to d() so.
Our responsibilities for the audit of the financiil statements
Our i)bjLLliv¢N JrL lu ()btain rLil.%(>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.%uf<illLL i.s a hig7h Icv¥l ()[ (i%%urc￿icc, bul 1.% ni>t ¢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
fr<illd;
UndLrbiandingJ holi ili()sc Lhar&Jid M'iih go)N'criiancL Li>n.%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<irildblL Lompaiiy's mcmbcrs bvd>'. 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 <iLLur(laiicc with ihL C.'hariliLs SORI, {I.'R% 102) 'ALcoiinlingT dnd Rcponing by ChariliLs.' SiJt¥mLnl
of ReLumniLnd¥d IlracLiLe applicablL li) LlidriliL.% pfLparing tlicir acLouiit.% in alL()rd￿ce willi Ihb l.inanLial
RLpi)rting Siandard ttpplicablL iii thL IIK Éind RLpubliL Dr IrLliind 11.'RS 1021 ILfiiLtIVL I J(Iniiary 20191,.
I'inancial RLportiiig Si'indard 102 '1-hc l.'iiian¢i(Il IILporling $114 ndard appliciL ble in IIIL IIK and RcpiibliL or
Irclaiid, (uid ihL Compillii¢S IILI 211116. '1'hL fiiiJn¢i¢il .%l¢ilLmcnts hav¢ biLn prLparLd uiidcr ihL hislorical ¢osl
Li)nvLnliun. as modifiLd by thL rLI'aluation ()fcLrlain asSCt.s.
Income
All ii)Lom¥ i.q rcLI)giniscd in th¥ %i#iimLnt ul. l.-inanci¢il Activities onc¢ ih¢ chdrily has cntiilLm¢nt lo ihc funds, il
is pr()bablc that lh¢ incomL will be rcLeiv¢d and thc atnuunl ¢<in bc mLasurLd rLliably.
Government gr#nt5
Ii)comL Iri)m gi{)vLrnmLnl ciiid othir bir(illi%, i%'hLthLf 'Ldpil¢il' ￿r￿n[S or 'r¢v¥niiL' gTrunt5. is fLL()giiiNI(l ii'hLn ihc
Lhariil, has LnliilLm¥iit li) thL funds, Jny p¢rli)rmancL L()ndilii)ng atlailiL.d Iii tIIL &>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<ibly. I',xpLndiliirL is d¢¥i)IintLd lor Dn an aLLfudls basis diid liJ.
biCII Llas.sifiLd Lindir 1ILiidiiig.s iliiil £igiLir¥biatc all co.%1 rLliilLd lo IhL CiltLL?ory. WhLrL Losls caiini>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)<ivid l.'und
Jcwish LnriLlinicni Neiv C.Ic mpus
3,617
3,617
4,117
4,117
TOTAL FUNDS
38,329,719
2,986,556
41,316,275
Nct miivemcnl in funds, includ¥d in tliL aboi'e arc a.% folloivs..
IiiLi>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