REGisfERED COMPANY NUMBEIL. 08669613 (England and Wales) REGIsfERED CHARrrY NUMBEIL. 1157569 REPORT OF THE TrusrtES ANO UNAUDrrED FXNANUAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 FOR KBSP Partners LLP Chartered Accountants Hartlen House Harben Par&Je Finchley Road LONDON NW3 6LH coKrENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Réport ol the Trnste I to 3 Indopendent Examlner's Report Slat*m•nt of Fln4n¢lal ActsvEtI•s Balance Sheet Not4$ to the Plmnclal Stthm¢nts 7 to 10 Detailed Statsm¢nt of Flnandal Artivltles li ETGAR REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The TNstees, who a￿ also dlrectors under compjny iawi p￿Rnt thdr rep)rt and flnandal statements of EfGAR Clhe cha￿￿) for the year eThled 31 August 2024. OBJErnVES AND ACTIVZTIES Objectlves and alms The tharlty's objects are speclflcally re&rlcted to the followlrvj: To the ed￿atIon of the publlc In the sublect of Jewtsh 5tudles for people under the age of 18 years in such ways as the Tru#ees thlnk flt, IncI￿lIng by,. l. PronX)t￿ the educatl)n of the pU￿¥S at schools and other formal or Informal organtsatlgns by provTrJ6ng asslsty In the prO￿sk￿ of prcgrammes, mateilab,events and other leaml]YJ t¢Y)I 2. Ass15￿￿ In such ways as the Charfty Trustees thlnk nt, any QKrlty wh¢>se airns Indude adVa￿Ing education of rsons by ¢knloplTrJ thelr Jewlsh st(vJles knowled* and urNlerstandtrg. 3. Awardlng to wch persons xhokrshlps, rna1ntenan￿ allowatxes or grants tenabte af ary unlverslty, co[￿e or Instiiutlon of hbher or further edLfatlon; 4. Providlng thelr education (Including the study of musfrc or oiher arts) to undortake travel In furtherance ol that education or to prepare for entry to any occupath)n, trade or prof￿ on leavlng any educatlonal esiablishment. Publ1¢ benef The Tru&ees are corsdous of the Charlty Commlsslon's rullng on publK t*nefit and consider this nlirvJ when carrylng oth the tharftab￿ oblecttves of the Charty. ACHIEVEMENT AND PERFORMANCE Charltable artlvltles Durin9 the pertod 2023-2024 (Etgaffs twelfth year): 1100 Etgar handbooks were Printed and h'censed, for use In the UK and Oth￿ Jewlsh communitles ar0￿￿ the Wcfld. In the UK alone, 1000 ha￿EbOOkS were distrlbuted to chllthen In Year 5 In 28 Jew15h SCI￿015. . Bc(•ks were dlstributed to Jewlsh communltks In South Afrtca and to Indfvlduals In Australla & United StatEs The Etgar proyramme contlnues to take place In Cape Town, South AfTi¢a. D￿ssIon Is urKlerway to launch the programme In Parts, Ffance + The Etgar handbook has been transt3ted into Hebrew for use in Isrnell schools • A Jew15h studles currlculum based on the Etgar Handl1￿k has been wrliten and produced for a school In ￿blIn, • Etgar IsFael wa5 held in May 2024. Almost 100 students from year 9 (13.14 year dds) from 5 schools attended the event. The fcrmat of the event is an Interschool wiz based or) the Etgar Israel hand￿0k folk•wed by a trlebratory baibecue. • The Etgar Challenge took place In July 2024, Almort 1000 chlldren alorwJ wlth thelr teachers from 28 UK Jewish kyimary xhools t(iol part In the Challenge. Over 90 student volunteers helFed run the event, many of them Etgar alumnl. . A ￿10t Etgar debate tralnlng Proj￿ has been launthed for gxth forffl students, • Weekly challenges were sert out to all partklpabng xhools and Individval subscritrers, • Etgar work In parblershlp wlth The Jewlsh ChronKle who pub115h a vRekty Etgar qulz In the e￿catIOn segment of the paper and online. S4FEGUARDING The Trustees have put In pl¥e a Safeguardlng pollcy and adhere to the processes lakl out therfn. Page I REPORT OF TrIE TRusfEE5 FOR THE YEAR EfqDED 31 AUGUST 2024 FINANCIAL REVIEW nanclal p051tlon A summary of the results for the year and resources dethed at 31 August 202415: 2024 164,579 {166,799> 2023 14k,905 (154,138) Unrethcted Income Chak1tsble ActNitles Net ExpeThJSture transferred from totd fuYKJs To131 Funds broughl fowdrd Total Funds at 31 August 2024 (2,220) 51,575 49,355 <12,233) 63,80B 51,575 Re￿￿e3 pollcy The Board's reserves Fdl¢y is to m*nLaln free re￿ sufficient to cover 3 months of operatlon& The Board has reviewed the current free Ilquhj ￿seNe$ of t￿ Cha￿ty Bnd conlders that the tevel Is sum¢lenL STRiiclliR4 GOVERNANCE AND MANAGEMENT TRusfEES' RESPONSI8ILrriES Company law requlres the TNstees {who are DIr￿Or$ under Compay law) to prepare finarKial ststements for eath flnancial year whlch gfve a true and falr vlew of the stste of the affalrs of the Q)arity and of the Surp1￿ or deficlt lor that perNJd. Tr Trustees have agreed to adopt the Statement of RecommeThded Prncknce - Account(ng by Char*ks. In PTeparfng tl* flnanctal statements, t1￿ Trustees are rtiuired to.. - Selert sultable accounting pol[C￿ and then apFty iknem conthndy. - Make I￿￿nts estlmates that are rea>)nable and pnJdenL - State whether appllcable accountlng stsTrJards have been followed, 9JbJert to ary materlal departures dlsdosed arKI e¥plalned In the flnandal statements, and pr￿)a￿ the fi￿1r￿la1 statements on a golng cotKem bals unless li Is approprtate to presume that the Charfty wlll contlnue In buslrtss. The Trusiees are responlble for keeping propel accountlng records whlth d15cbJse wlth rea￿natIe accuracy at any tkne the finandal po%tion of the Charty arKI enatle them to erLsure that rinanclal StateM￿ts ¢(￿p1¥ wlth the Companles Act 2006 and the requtrements of the Charlues Act 2011. They are al￿ respcwslble for safeguardlng the assets of the Charlty hen￿ for taklro reawnable steps for the prevertlon and detection of fraud and other Irregularftle5. REFERENCE AND ADMXNisfRATniE DEfAILS Reglstered Company number 08669613 (England and W*s) Reglstered ChaTIty numb¢r 1157569 Reglgterod offi¢e 44A Albert Road London NW4 2SJ S 8lumgart B Frankfurt A Josse S Melnick J R05enfeld A Taub Page 2 REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 AUGvsf 2024 REFEREfKE AND ADMINrsfiu4TIVE DEfAXLS Independent Examln¢r KBSP Partners LLP Chartered Accoun&ints Hartlen House Hartjen ParnJt In order to enabk a ￿derS￿ndIng of the Kcounts to t* reached. k61 /kn crf Davld Myemn KBSP Partners LLP Chartered Accountants Harben HJ)use Harl)en Parnde Flnchky Road LONDJN NW3 6LH 22 January 2025 Page 4 STATEMENT OF FINANCIAL ACTxvTfiES FOR THE YEAR ENDED 31 AUGUST Z024 2024 Ilnrestrirted fund 2023 Total funds INCOME AND ENDQWMENTS FROM Donations aTh3 155,227 138,512 Other tradlng actlvltles 9,352 3,393 Totsl 164,579 141,905 EXPENDxfuRE ON Charltable artlvitles Charitable events 104,941 90,131 61,858 64,007 Totsl 166,799 154,138 NET INCOMei(EXPENDXVURE) (1220) (12,233) RECONCILIATION OF FUNDS Total funds brwght forward 5¥57S 63,808 TOTAL FUNDS CARRIED FORWARD 49,355 51,575 The twjtes ft)rm part of these financlal Statements Page 5 ETGAR BALAf4CE SHEET 31 AUGUST 2024 2024 Unrestrlrted fund 2023 Totsl funds Notes CURRENT ASSETS Debtors Cash at bank 91693 60,233 91693 62,673 CREDITORS Amounts faI￿ng éue wfjthln i)ne year {43,338) (11,098) NEf CURREiif ASSErs 49,355 51.575 TOTAL ASSEfs LESS CURRENT UABIUTIES 49,355 51,575 NEf ASSETS 49,355 51,575 FUNDS Unrestrlcted funds 49,355 51,575 TOTAL FUNDS 49,355 Sl,575 The chhr*able company Is eTh￿l￿d to exemption from aud￿ under Sectbn 477 cl the Companles Act 2006 for year erKkd 31 ALtrJU5t 2024. The ￿MberS have nrt requi￿4 tl* C¢Mmpany to obtsin an audlt of Its flnanclal statements for the yeJr ended 31 August 2024 In Kcordwce wlth SeLthn 476 of the Companles Act 2￿6. The trtJst&s acknowledge thdr reSwI￿￿11lfes for (a) enwrlng that the charltsble cornpany keeps accovntlng record5 tlhit comply wlth S￿￿n$ 386 and 387 of the Ccrfnpanles Art 2006 aTrJ prepartThJ flnarKlal statemerts wNch glve a true and falr vlew of the state of affalrs of Ihe charttsble ccMr4iany as at the end of each fina￿{al year and of Its surp1￿$ or defldl for each finarKlal year In accordance w￿h the requlrements of SELtlons 394 and 395 and whlch otherwlse corn￿ wlth the r4uirements of the Crynles Act 2006 relaUivJ to flnandal ststements, so far as applkable trs the Charitsb￿ company. (b) These nnanclal statements hawe been prepared In accorthnce wtth ptDvlslons aptAkable to charltsbie companle5 subkrt to the small companle5 reglrrE, The flnarKlal Staten￿nts v¢ere apprurfed by the Boar(l of Tru#ees aTrJ authortsed for Issue on 22 January 2025 and were shJr*d on Its behalf by: dbe J G Rosenfelder- TnJ*e The notes ftTh part of these finanaal 51atements Page 6 NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 ACCOUNTING POLICIES Ba$ls of pr¢parlng th¢ flnan¢ial slatements The flnanclal statements of the charltable companyi whkh Is a publlc twRflt entlty under FRS 102, have been prepared In aCCordar￿e wlth the Charltles SORP (FRS 102) 'Accountlng and Reporting by Charitks,. Statement of ReCOm￿nded PraL1ke applkaNe to charitles preparfng thelr accounts In a¢cordarKe with the Flnèndal Repcxtlng Standard ap￿ICable In the UK and Republlc of Ireland (FRS 102) (effettlve l January 2019),, Flnanclal Reportlng standard 102 The Flnanclal Repr)rtlng Starnlard applicable In ihe UK Republlc of Ireland, a￿1 the Cwan Att 20￿. The fifiancial stskments have been p￿Pared under the hislixical cost conventi￿. Income All Income Is recC￿n￿d In the Statement of Hnandal Actmtles once the charfty has entltkn*nt tg the fuThJs, It Is probable that the Income will be recelved the amount can be measured reliably. Expendiivre Uabllii¢es are recojnised as expendlture as x)on as there 15 a kgal or construcuve obIlga￿0Th commlitiTYJ d)arfty to that expendllure, It Is probable that a transfer of economSc beneflts VAII be requlred In settlement and the amount of the obllgatlon can be m&isured relably. Expendlture Is accounted for on an accruals bals and has been dassif￿d under he•Jings that aggregate all cost rehted to the categcxy. Where costs cannot trt diredty attr1buted to partlcuiar headln9S they have been amocated to athvltks on a basls conslstenl wlth the use of resources. Taxatlon The charty Is exempt from corpordtkn tax on Its charttable att￿ltIes, Fund accounting Unre5tiicted funds can be used In KCOrdan￿ wlth the chadtable obJertI￿ at dlxreuon of the trustees. Restrlcted fund5 can onty t￿ Used for partlcular rethctexl purpose5 Withln the objects of the charfty, Restrktk)ns artse when spedfled by the donor or when funds are ralsed for partlcular residcted purposes. Further explanailon of the natuR aThJ purpose of each fund Is included in the notes to the financlal ststements. Hlre purchase and lea￿ng commltments Rentals pald under opwating leases a￿ charged to the Statement of Finanoal Activiues on a stralght line basis over the perlcd of the lease, Ptnslon costs and other p05t*rètirement beneffts The dbaritablE CoMp￿Y operates a defined contrfbutlon perth xherrt. Q)ntributlon$ payalAe to the d￿ritrdb￿ company's pen51on scheme are charged to the Statement of AnancEal ActIvI￿e5 In the perhjd to whlch relate, OTHER TRADING ACTxvmES 2024 2023 FuNlraislNJ events 9,352 3,393 NET lNCOMEI(EXPENDmiRE) Net Incomel{expendItu￿) Is slated after charglngl(creditlrKJ): 2024 2023 Other operaUrvJ leases 6,191 Page 7 continued... eTGAR NOTES TO THE FINANCIAL sfATEMENTS- Contlnued FOR THE YEAR ENDED 31 AUGUST 2024 TRUSTEES, REMUNERATION AND BENEFrrs There were ro trusteeg remnernuon or other beneflts for the year ended 31 August 2024 nor for the year erthj 31 August 2023. Trustees, expensos There were no trustees, exp￿￿ paid for the year ended 31 August 2024 nor tr the year end 31 August 2023, COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTivifiES Unrestrf¢ted fund INCOME AND ENDOWMENTS FRO DonaUL¥ts and legacles 138,512 Other tradlry actlvltks 3.393 Total 141,905 EXPENDITURE ON arftable actlvltles awrltable events 90.131 Other 64,007 Trtal 154,138 NEf INCOMEI(EXPENDmiRE) (12,233) RECONCILIATION OF FUNDS Total fuTrJs brought forward 63,808 TOTAL FU14DS CARIUED FORWARD 51,575 DEBTORS: AMOUNTS FALUNG DVE wfTHIN ONE YEAR 2024 2023 Trade debt￿3 Pag¢ 8 contlnued... ETGAR NOTES TO THE FINANCIAL sfATEMENTS- contlnuod FOR THE YEAR ENDED 31 AVGVST 20Z4 CREDITORSI AMouKfs FALUNG DUE wmiiN ONE YEAR 2024 2023 S)clal securfty and other taxes Accnjals arKJ deferred Income 41774 11,098 43,338 11,098 MOVEMENT JN FUNDS Net movement In funds At 31.8.24 At 1.9.23 Unr¢strict¢d funds General fuTh 51,575 (2,220) 49,355 TOTAL FUNDS 51,575 (1220) 49,355 Net moven*nt In funds, Irduded In the aiK)ve as follows: Incomlng Resources ex￿nded Movement in funds Unr¢strlrt¢d funds General fvnd 164,579 (166,799) (2,220) TOTAL FUNDS 164,579 {166,799) (2,220) Comparatlves lor movement In funds Net vement Sn fvnds At 31,8,23 At 1,9.22 Umrestrlrted funds General fund 63,808 (12,233) 51,575 TOTAL FUNDS 63,808 {12,233) 51,575 Comparatfve net movement In funds, Included In the atove are as follow5: Incomlng resources Resources Moverrent expended In funds Unrestrlcted funds General fund 141,905 {154,138) (12,233) TOTAL FUNDS 141,905 (IS4,138) (12,233) Page 9 conbnued... NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 AUGUST 2024 MOVEMENT JN F1Th4DS- continu¢d A ojrrent year 12 m￿thS and prlor year 12 mrmths combwied 6s as folb)ws: movement In funds At 1.9.22 31.8.24 Unr•strlcted funds G￿￿ra1 fund 63,808 (14,453) 49255 TOTAL FUNDS 63,808 (14,453) 49,355 A current year 12 months and wknr year 12 mcth comilned net moven%nt In funds, Ind￿led In the above o a5 foll¢)ws', IncorrAI¥J resources Re￿UrceS p￿ded Ntrlement ID funds Unrestrirted fundj Ge￿la1 fund 306,484 (320,937) (14,453) TOTAL FUNDS 306,484 (320,937) (14,453) RELATeD PAR7Y DISCLOSURES There were no rebted patty tra1￿ctIOnS for the year eTMled 31 AUg￿t 2024. Page io