SERET INTERNATIONAL LIMITED
(ISRAEU FILM FESTIVAL LONDON LIMrrED)
REPORT AND FINWICIAL STATEMENTS
31st JanuJry 2021
COMPANY REGISTRATION NUMBER: 7920225
LacTrwnafi Smlth Assoclates Um6tsd
16b North End Road
Golders Gre•n
NW117PH
wii
4A4FOJRSZ4
2211012021
COMPANIES HOUSE
A14
#294

318t January 2021
Cornpwy Register&1 Numbw
Registwl Charity Numbw
1148131
Regislered Officg
16b Ncrti End Ro*1
NW117PH
Directo
Nurit Karol
irt•d 18th March 2021
Twstees
lit Kw
poiniwj 18th kqarch 2021
16B North End Rr
NW117PH
Bgnkws
897 Finthlty Ro•J
Goldws Grg8n
NW17NX

DIIECTORS. AND TRUSTEES. REPORT
D&RECTORS' RESPoNs￿lL11*s
obseNg m8thyts aThl prir* in ts Chatttw SORP
reasona￿9 accuracy at any Iwne tr* firHiwl of thè tt¥npany to er￿b￿ ttyn to
arKI deteclion of fraud otr*r iWitie&
PRINCIP￿ ACTIVITY AND CHARfTpBLE OBJECTIVE
The advancement ￿ ed￿811)n offfte art& in parth]Aar15f8eli flm arlt UK.
Th8 promot%>n of Israeli CLAlure as reweserrted in ts m•Jba rA fthi aTwJ tekntyyc￿.
rthnes¥ atwj d￿er￿ty of Israeli life ar¥J 12thure It¥wJh the of Fkn & IV.
ORGANISArnN AND CONSTrruT
arn I[mit￿ ts £1.
The compary ks a regi51wed charty, NThber 1148131.
to act a5 wssary n onler for ts o)mpary to I￿r￿1 fts Dvedors may b8 appcw*ed by thg

SERET WTERNATK)14*1
I)IRECTORS' AND TRUSTE&8' REPORT
ACHIEVEMEIITS AND PERFORMANCE
best of Israeli fealure films doc{m￿las. slx)rts •NI TV to tho UK past ten Y￿rn. we have
We ftha to tsgl we play a *¥ital rolg tn athyiwkxs a of hKNati?￿. dJThmic •vJ
passwats flm aThd TV in Iwl.
We also brfNJ Israel's top actors. dyeclors mak•rs b ¢)w Feth* fty fathl¥y Q&A 58sshyB to slwg
th8ir insight ￿ our aLKliwKe&
relKJi)ns and sooal backgrourKJs, to rEtlw* T*A rnake you lawh. ilj
SERET UK rLn 21 JthB- 28 2021 .
Th8 managers of the Israeli Fli m & f+1 Feslpml. 00gla Harw*. ¥KI Patty Hcthn•)), arn tYhuirvJ a m¢ye
eX￿en￿8 Festival than e%*r b8fore.
At this yeafs Festiwal. wg haN* selected cream wodLth)ns tsknrted Ilm and TV
makers. We have awart1￿¥1nrm￿j deimts Irom ftrst-tkne tealwe fkn makers. ar¥J bvJ mo¥￿S fft)m 9)me of
Feslival programme deb￿ wlo Israeli ￿11￿1 M￿￿10￿$ fractur85: eyamww ts effrfts of li¥¥YJ arpj
change.
SERET lrtematti)nal is deiuht*d to bè stti4￿r￿J Work d mary nww lknm8ke@ a relleckn of supwt
tho lsraeb. fam ff￿￿81ry gT¥es to fwJrluriThJ rm¥ taknt.
ft's an lThJLtsty that has beo)me more thrtwar￿￿, c4eal#YJ great (arwna a￿1 IV ljwt Trfiects themes that
of eourrtry.
Due to the current parnlemic wJurKI worhj. we ha￿ mawèd to an {￿Ing Twli
festival 21-281612021
Even thow thg owias arouThl th8 wc¥kl are cbsed th to ts Ixrnrt&lE*tA)n. we de(xled to brkw the
cingma kn ¢xtr atwJ1e￿ trffiie free of dprge in Ihe weeks leadw¥ to thB DU￿ ths p8fK*I. wo Witi t*

DIRECTO￿ AND TRusfEES' REPORT
DIRECTORStrRUSTEES
Nurit Karor
Noah Shacl)Bm
Slwrit Kgjor App￿￿j 18th Moth 2021
RESERVES POLICY
The company endea¥¢￿$ to maSntyin o L* feseNe5 that it. ff the sItuats￿ that fimdkng Is to
faThy on Its aCtI￿tieS ¥thI￿t allematl¥e %Jurces Offi￿d[l¥j we obts1￿.
ACCOUNYANTS
0>77pany at Ihe fOr1hr￿1￿ AGM.
INVESTMENTS
The chgrlty has no investm*.
RELATED PARTIES
RISK MANAGEMENT
pollcies hrt workplace a￿1 **Mlsl pwfumiTrJ, *ilh (*1l(th.ffina￿l￿ affairn. pwsonn
pr8clI￿. ICT t9chnokgy.
RESERVES
Th& movem6nt in reserves k8 shv*n In 9 to the acrAXUts.
GOING CONCERN
The dlrectors are of tt* ¢)wiM It￿1 thè Ch￿ Is sofvent aThl that a 0)N￿n t￿lS ts 8pwiyiua¢* lor tho propavation
of these accounts.arKI that il can ccrfinuo opwaling tr *1* 12 ThK¥ths from the dato of thbs rwwl.
PUBUC BENEFrr
The Trust￿ confiffli that in complir¥J this Teport have hod r8gard lo the ￿ance on wblic benefft
issueo by tha Charfty CommissiC￿ in ¢(wnFliartt 7Ailh tho duty set ryrt in se£tOon 4 of ts Charities Act 2006.
This rnport has been prepared in acoJvtlan¢e with Ihe in Sedim 41￿3) <>fthe Ccrfnpani¢s 2(LK8
applbcable to charita1￿8 compani85 subj.ect tr) the small ts)mpanies wfflo.
Thls rwt Was 8pprov&J by Ihb tw)wd on 201h Ocl(ts 2021
arKf sign&t bthall by Noah

SERET INTERNATIONAL LMrrED
We rowl on th8 firHrKgal stateffle￿ for Ihg wwjed 31stJaThMy 2021 Ihe Statemont of Finwial
Activities, the BaFan¢e Sheet aNI tr¢ related rKrte&
The Trustees I￿ are also the dIrpth>￿ of ￿ &Witab￿ ¢<Knpary of company l¥w} are respomble
for the preparation of the aco)unl& Tr* Trwlees o)ns¥Jw Ihal an a￿Jit is rnl required for tr¥'s per*)d under seCt￿n
144(2) of ts Clorits5 Act 20111ts 2011 Act). arml ttmt an eyarnina￿n is rwjed.
Having satiSf￿d OU￿81¥eS that the cJHrlabkn compwry is Atfject to mlgr u)mpary law is elBlbl8 for
independent eY2rnInati￿. it 15 my to:
eyamlrn the accwts uThJer ￿tA)n 145 of lh8 2011 Art
sectK¥n 14515Xbl of thè 2011 ACL. ar•J
Basis of eyamlrfs slatement
of the finarKial statements presented with IPrf)se record& tt also ithjes c0rts1dora￿n of any unusual items or
disclosures in th8 firkinrial statementy aThJ s06kTr￿ e*arAlxTh from as Tntstees ary
matters. The Frocedures undortaken do rnt prov*Je all t1￿ thrydence tr*t be reqwed in an aud¢ and
COTwquenty ryj opir•)n 15 gNen as to whèther the a¢A￿nts pre*rt a aryj la￿ and the re[￿ is
limited to those matters set in thg statement belN.
Independerrt eyAminefs Stateme
• where accounts are pr8pared on an accruals b3si5. fal to compty with rel8v8nt accOu￿1r￿j
requirements urKIEr 8ectKJn 396 of ts Cornpanies Act 2006. or aro wth the Chaiities SORP
{FRS102>
• ary matter wt¥ch ts eyamwwr be dra*n lo tr* of tr* realer lo gawi a proper
KlerslaThJiYJ of lh8 acc4)un
On behaff of
Lachman Smiih A8$c￿1th Lwn*ed
lTrJependent Examirnr
201h O(lot¥er 2021
16b North End Road
London NW117PH

SEREf INTERNATIONAL LNlrrED
For th• Y•ar Efftl•d 31•t 2021
Funds
2020
79.713
79.713 1314J8
Irwestmwrt irKome
11
Total lrtom•
79.715
79.715 133.499
82.6￿ U89D 118,591
Totsl •xp•ndldK•
82.690 82.W 118.591
12.975> R975)
14,908
RKoMlll*lon of funds
Furwts tsf￿ht f(Mwanl
31.537
31.537
16,629
28.562 28,562
31,537
The Th)tes ¢YE Pa￿ 8 to 10 Icvm part of II*sè xc(Mf

Balano Slw•t at 31•t Jarnwy 2021
2020
D8bl¢Y5
Cash at trank a￿1 ui haTra
29.174
27.549
29,174
33.049
Cr•dltors (*J• wllhln on• yw
612
1.512
31.537
28.W2
31,$37
Th• funds of th• ¢hxlty
31,537
28,562
31,537
For the year ended 31 Jar￿ry 2021 thB ¢xxnpary ¥rag to eMnplM)n under se(Xk>n
477121 ol the Comparri6s Aci 20(6.
No members have Tequirgd ts ¢￿panY to tibtswi an of ar•>Xrts ferthe year
queslion in acc￿*r￿e th sectTh 476 of the Compantes Act ￿.
li. preparry accounts wlxh wxl fwviw of the *ate of affavs of Ihe o)mpBny as at thè ernl
of the firwnctal year aThJ OF its wofrt and I(￿$ forthe yaar wi aC0)rd￿ vknh Its 393.
arKI whth cAhep*ige ￿m￿Yw￿h requrerne￿ of ts c(￿nParIesA¢t to aLtOLrt so far 88
applicable to the company.
companies $￿ect to the yna¥ t)ynpanw' regNne C<Nnpantes Act 2(h)6.

SERET INTERNAT￿￿lAL LI￿rED
P40tss to thg FI￿nCIal Statements
For th• Y•ar Endod 31st Jan￿ry 2021
1 Accountlng Pollc•s
ststemerit of Recommended Practice appltcabk to chafitss weparlrnj tr*ir accounts in accudance with
Financial Reportmg Stsndard appl￿ i? UK a￿1 Repubitc ol IrelaThl IFRS 102) (effectNe 1 January
20151 . (Charities SORP IFRS 102)), the FinarKial Siwtsd atpkablè in the UK aTrJ Republ￿ of
Ireland (FRS 102) the Comwigs Art 2￿.
Assets orKI liabilities are iniliaty reci*3nisad at Idstc*tsl cost or trar￿ar1￿M vkn wAess Oth￿ staled in
the rg18vanl pcAw rnts(sl
Ib) Incom•
Inc4)me is recognksed when ts tharity hès errt￿merrt to the finls, ary w10rn￿￿e ￿¥jIt￿n$ attached lo the items
of income tov8 been meL it E probabl8 that in¢cAxe wl be received ar#Y tr* amoLrt can be m8a5ured reliabty.
Income from grants. whetsr c4prtal or revern￿ grarts, is rBcc*3rMs&J wren ts thrity Y￿S entitlement to the funds. any
perforna￿e corrflitions attached to the grants beon me( it ig by0bab￿ that the irnThie be re¢ei¥ed aThJ
amount ￿ b8 measured relabty aThl 15 Tr)t deferred.
(c) Expendltur•
All 8yndiiur8 is acxourted for on an ￿￿015 basi& is orta tharn is a18gal or con5tnKti¥O
obligalK)n to make a payThert to a ttwd paty.11 is rrfobth th8t seltl8merrt wdl be reqirired af%1 ts amount of the
obligat¥)n Gan be measured rd*.
Costs are all￿ated to a calogory either becaw ￿ costs are dwe(* Nwred in ￿1)ft to th category, or
Support Costs of lrrfrastr￿le for salwTes, Nemise% thv*tsal#)n. S￿h costs are apportiortd
on a reasonable arKI con*ent basis to Ihg WdlT(Ats cate9)ries with a Yew to detem)inirKJ. as accuratety as F￿ble,
the total resources eVrKI￿ for each ￿te￿ry. The of appcrft¥￿rt Used is eitlw a fi￿lIOn of staff tim8
appllad to a actr¥ity. or an estimato of ts proptylkm of (xjsts a￿#atsd wilh ts sm. ¢x a o)mbinatK)n of both.
cost
(d) Taxatlon
The company as a registered thaiity ( rnmber 1148131) is eyfjmptfr￿n laXatX￿ ￿ most hftst
cawtal ga
(•) ￿l￿ord
Trade arvj otlw debtorn arn re(tyn￿ed at ts SetleM￿ after any trade dk8¢ourt offered.
PrepayTnents are Ydlued at pr￿¥11 rnt of anytrddè d￿.
fft Credltors and provlslo
will probaW result in thg transfer of fwbJ$ io a thld p*ty th8 amount due to seiug ts (1>1￿81￿ can ba
measured c* estimated re￿atsty. Cred*<x5 ar¥J rwm* re(xwJrdsed at their 8elUgm8nt amcAJrt sft
allowing for any trade dts¢ourls d￿.

SERET WTERNATIONAL L•ArrED
l•t8• to th• Fln•nclal Stat•m•nls
or thg Y•ar End•d 31st Janvary 2021
2 Donallons and1ogad•s
Unrestrlcled
2020
2021
Donations aThJ SpornN*
Sg,308
125.406
T￿ket sales
20.405
8,082
79.713
79,713
133,488
3 Charitable adivity tosts
Support and
Support ond Charilabl•
C¢>sts *A*¥lty Costs Tatsl 2021 Costs
Tolal 2020
Dir•¢t ￿$ts
Event S8ctNty
Gala Night. Evert aThl
Productton c￿$￿
So¢ki1 Mèdkl ¢osIs
Artl*￿ Dire¢tor
Producovs afKI adm¥istrdt(X5
fees
288
17220
5.411
17,220
5N11
17.638
17.638
12.750
11750
20.132
451
20.132
451
31,178
31,178
Photogras*w
Filming aThl gdrtry costs
Adverti%ng
Brochure and banr
DesiJn costs
D¢stributK)n. FM*age arKI
courier costs
Screening Rytts
Hight tickets
Travol and sjbsis
Webhostry and dwn
Donalior
Accountant's fee
Professional fees
Irsuran¢
400
1.266
2.530
1,266
1977
19TI
730
5,736
5,736
1.428
14.680
1,428
14.680
2,349
16.331
16,331
135
12203
135
12,203
2,190
3257
353
2252
2,191)
353
587
Bank Gharges and eydw
rate change
76S
.1
7.152
111.439
118,591
The comparry had m ernthees in seor12020. N(Th)

8ERET NfERNATIONAL LIArrED
Notos to tho Financlal Statoments
For tho Year Endod 31st January 2021
4 00btorn
2020
Trade debtors
5 CREDITORS- AMOUlffS FALL14G DUE
wrrHIN ONE YEAR
2020
Trade credit
612
1,512
1,512
612
6 RECONCIUATION OF MOVEMEIITS
IN FUNDS
31st
31sl
January
2021
2020
Ur*estriGted FurKIs -
31.537
79.715
(82,690)
28.562
31.537
79.715
28.562
7 AN￿Ys15 OF NET *SSETS
BETWEEN FUNDS
Nat Cirrort
Total 2021 Total 2020
UnreslfKted
31,537
28,562
28,562
31.537
8 TRUSTEES