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← Israeli Scouts Western Europe

2023-12-31-accounts

Company Registration No: CE001825 (England and Wales) (Charity Registration No: 1156815)

ISRAELI SCOUTS WESTERN EUROPE

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

ISRAELI SCOUTS WESTERN EUROPE

CONTENTS

Page
Legal and administrative information 1
Report of the Trustees and Directors 2-3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7-13

ISRAELI SCOUTS WESTERN EUROPE

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees E Benyamini
E Sanderovich
M L Rathaus-Alper
A L K Dalgleish (appointed 24/07/2023)
D Amira (appointed 24/07/2023)
H J Daniel (resigned 23/08/2023)
S A Saunders (resigned 23/08/2023)
C C Cohen (resigned 23/08/2023)
Company Number CE001825
Charity Number 1156815
Registered Office Central House
1 Ballards Lane
London
N3 1LQ
Independent Examiner FKGB Accounting Limited
201 Haverstock Hill
Second Floor
London
NW3 4QG

1

ISRAELI SCOUTS WESTERN EUROPE

REPORT OF THE TRUSTEES AND DIRECTORS

The Trustees present their report and financial statements for the year ended 31 December 2023.

Objectives and activities

The charity's objectives include:

  1. to promote the development of young people, in particular but not exclusively Hebrew speaking young people, in achieving their full physical, intellectual, social and spiritual potentials, as individuals, as responsible citizens, and as members of their local, national and international communities.

  2. to help young people, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society.

  3. to promote equality and diversity for the public benefit by (for example):

(a) the elimination of discrimination on the grounds of race, gender, disability, sexual orientation or religion;

(c) promoting activities to foster understanding between people from diverse backgrounds;

(d) conducting or commissioning research on equality and diversity issues and publishing the results to the public;

(b) advancing education and raising awareness about different racial groups to promote good relations between persons of different racial groups;

The trustees confirm that they have referred to the public benefit guidance by the Charity Commission when reviewing the charity's aims and objectives and in planning future activities.

For the benefit of the public, activities have expanded and are available to the community through many different events we arrange throughout the year. For example, a large scale community event for the whole family to celebrate Purim. The event included activities for the whole family, food and a performance.

Achievements and performance

Substantial growth in our activities in the UK, with a successful branches in Manchester & West Hampstead, Cambridge and Borehamwood. We have also opened new groups in London to reach and engage more children, and established the Israeli Scouts as a leading organisation in planning events for the Community (such as - Hanuka event, Remembrance Day ceremony, Rabin memorial service). In order to improve professionally, there has been a rise in the quality of the training programme for our staff, who now receive special training from Israel.

2

ISRAELI SCOUTS WESTERN EUROPE

REPORT OF THE TRUSTEES AND DIRECTORS

Financial review

For details of the charity's financial position see page 5 of the financial statements. The charity does not aim to keep large sums of money in reserve. Some reserves may be maintained for specific periods, to be used as financial support for Aliya program participants who may require substantial amounts. The charity spends what is necessary and turns to Israel if there are any difficulties. At the year end the charity held free reserves totalling £247,805 (2022: £263,542), made up of £246,058 restricted and £1,747 unrestricted reserves. (2022 restated: made up of £150,378 restricted and £113,075 unrestricted reserves).

Structure, governance and management

The Charity is a Charitable Incorporated Organisation governed by a constitution dated 24 April 2014. The Trustees who served during the year and up to the date of signature of the financial statements were:

Eran Benyanimi Elad Sanderovich

Manuela Lea Rathaus-Alper Anat Lea Koren Dalgleish (appointed 24/07/2023) Daniel Amira (appointed 24/07/2023) H J Daniel (resigned 23/08/2023) S A Saunders (resigned 23/08/2023) C C Cohen (resigned 23/08/2023)

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution.

The Trustees administer the charity on a day to day basis making whatever decisions they consider necessary to enable it to meet its objectives.

Apart from the first charity trustees, every trustee must be appointed (for a term of three years) by a resolution passed at a properly convened meeting of the charity trustees.

The trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

Newly appointment trustees undergo induction training to brief them on their legal obligations under charity law.

Trustees are also are provided with a copy of the charity's constitution and a copy of the charity's latest financial statement, in order that they can obtain a sufficient level of knowledge to enable them to perform their roles effectively.

The Trustees' report was approved by the Board of Trustees.

…............................................. …..............................................

Name: Name: Eran Benyamini Manuela Rathaus-Alper Position: Trustee Position:Trustee

Dated: Dated: 31/10/2024 31/10/2024

3

ISRAELI SCOUTS WESTERN EUROPE

INDEPENDENT EXAMINER'S REPORT

We report on the accounts of the charity for the period ended 31 December 2023, which are set out on pages 5 to 13.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

….......................................................

Farley Kaye FCA FKGB Accounting LTD 201 Haverstock Hill Second Floor London NW3 4QG Date: …..............................................31/10/2024

4

ISRAELI SCOUTS WESTERN EUROPE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
INCOMING RESOURCES
Incoming resources from generated funds:
Donations and legacies
Charitable activities
Total incoming resources
2
RESOURCES EXPENDED
Charitable Activities:
3
Costs of Generating Funds:
Support costs
4
Total resources expended
NET MOVEMENT IN FUNDS
Funds balance 1 January 2022 (restated)
TOTAL FUNDS CARRIED FORWARDS
10
Charitable activities		 Restricted
funds
Un-restricted
funds
Total 2023
£
£
£
196,280
59,068
255,348
-
294,294
294,294
196,280
353,362
549,642
(111,477)
(426,706)
(538,183)
(2,395)
(16,937)
(19,332)
(113,872)
(443,643)
(557,515)
82,408
(90,281)
(7,873)
164,856
98,597
263,453
247,264
8,316
255,580		 2022
£
270,864
141,090
411,954
(374,583)
(12,832)
(387,415)
24,539
238,913
263,452

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

5

ISRAELI SCOUTS WESTERN EUROPE BALANCE SHEET AS AT 31 DECEMBER 2023

Notes
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Debtors
8
Bank
11
Creditors: Amounts falling due within
one year
9
NET CURRENT ASSETS/LIABILITIES
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS TO CHARITY
Restricted Funds
10
Unrestricted Funds
TOTAL FUNDS		 2023
2023
£
£
1,146
274,473
143,514
417,987
(163,553)
254,434
255,580
247,264
8,316
255,580		 2022
2022
£
£
-
182,702
163,612
346,314
(82,862)
263,452
263,452
150,378
113,075
263,452		 2022
2022
£
£
-
182,702
163,612
346,314
(82,862)
263,452
263,452
150,378
113,075
263,452
263,452
150,378
113,075
263,452

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The trustees acknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006.

(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.

These financial statements were approved and authorised for issue by the Board of Trustees on ……………………. and signed on their behalf by: 30/10/2024

…...........................

Name: Eran Benyaminiy Position: Trustee

…................................

Name: Manuela Rathaus-Alper Position: Trustee

6

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

Charity information

Israeli Scouts Western Europe is a Charitable Incorporated Organisation governed by a constitution dated 24 April 2014.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.

Restricted funds are funds subject to specific conditions imposed by the donors.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

1.5 Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

All expenditure is inclusive of irrecoverable VAT.

7

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers 25% straight line

Motor vehicles 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

8

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

9

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

2 INCOME OF THE CHARITY

DONATIONS AND LEGACIES
Donations and gifts
Donations
UJIA Grant
Hagshama / WZO
Services from Tzabar Olami
Other income
CHARITABLE ACTIVITES
Programme revenue
TOTAL INCOME		 Restricted
Un-
restricted
Total 2023
Total 2022
£
£
£
£
-
26,568
26,568
36,939
-
32,500
32,500
32,500
48,657
-
48,657
45,685
145,000
-
145,000
154,530
2,624
-
2,624
1,210
196,280
59,068
255,349
270,864
Restricted
Un-
restricted
Total 2023
Total 2022
£
£
£
£
-
294,294
294,294
141,090
-
294,294
294,294
141,090
196,280
353,362
549,643
411,954

10

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

3 EXPENSES OF THE CHARITY

Staff costs
Programme expenses - General (Including
Shevet Halutz)
Programme expenses - Israel area
Advertising
Uniforms
Office expenses
Computer and software
Rent and rates
Programme Co-ordinator costs
Foreign exchange rate loss (gain)
Education costs (Komunah)
Insurance
Travel costs
Telephone
Charitable expenses
4
SUPPORT COSTS		 Restricted
Un-
restricted
Total 2023
£
£
£
4,818.0
118,196.0
123,014.0
17,101.4
150,669.6
167,771.0
(27.6)
(2,354.4)
(2,382.0)
257.0
936.0
1,193.0
1,206.0
1,493.0
2,699.0
-
1,306.0
1,306.0
-
2,540.0
2,540.0
244.9
37,077.2
37,322.0
80,735.4
11,138.6
91,874.0
13,399.9
(1,580.9)
11,819.0
-
5,438.0
5,438.0
16.6
8,421.4
8,438.0
(6,275.1)
90,852.1
84,577.0
-
2,574.0
2,574.0
111,477
426,706
538,183		 Total 2022
£
89,575.0
44,113.0
27,388.0
2,757.0
889.0
808.0
2,071.0
28,471.0
104,839.0
(362.0)
10,000.0
5,817.0
56,350.0
1,867.0
374,583
SUPPORT COSTS
Accountancy
Depreciation
Legal and professional
Gifts
Staff training		 Restricted
Un-
restricted
Total 2023
£
£
£
-
8,800
8,800
-
12
12
-
-
-
791
6,161
6,952
1,605
1,963
3,568
2,395
16,937
19,332		 Total 2022
£
9,800
-
-
884
2,148
12,832

11

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

5 TRUSTEES' REMUNERATION AND BENEFITS

None of the Trustees (or any persons connected with them) received any remuneration , benefits or reimbursement of expenses from the charity during the year (2022 - £NIL).

6 EMPLOYEES

Number of employees
The average monthly number of employees during the year was:
7
Tangible Fixed Assets
Cost
As at 1 January 2023
Additions/disposals
As at 31 December 2023
Depreciation
As at 1 January 2023
Charge for the year
As at 31 December 2023
Net book value
As at 31 December 2023
As at 31 December 2022		 2023
2
Computer
£
2,022
1,158
3,180
2,022
12
2,034
1,146
-		 2022
2
Total
£
2,022
1,158
3,180
2,022
12
2,034
1,146
-

12

ISRAELI SCOUTS WESTERN EUROPE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

8
Debtors
Other debtors
Prepayments and accrued income
9
Other creditors: amounts falling due within one year
Other creditors
Trade creditors
Accruals and deferred income
Tax and social security
10
Restricted funds movement
At 1 January
2023
Incoming
resources
Garin Tzabar program
164,856
129,500
Salaries
-
37,518
Uniforms
-
-
164,856
167,018
11
Cash funds breakdown
Description
HSBC
Paypal
Restricted
90,000
51,768
Unrestricted
795
857
90,795
52,625		 2023
£
241,828
32,645
274,473
2023
£
31,627
74,810
57,270
(154)
163,553
Resources
expensed
(76,354)
(37,518)
-
(113,872)
Petty cash
-
94
94		 2022
£
165,554
17,148
182,702
2022
£
11,872
25,887
44,973
130
82,862
At 31 December
2023
218,002
-
-
218,002
Total
141,768
1,746
143,514

13