**Charity registration number 1162101**
## **MUSALAHA UK**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2024**
## **MUSALAHA UK**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Tina Clay||
|---|---|---|
||Roisin Jackson|(Appointed 2 October 2023)|
||Mark Pearson||
||Jo Smith||
||Tony Peck (Chair)||
|**Charity number**|1162101||
|**Address**|c/o Compass||
||The Barn, St James' Square||
||Wadhurst||
||East Sussex||
||TN5 6AP||
|**Bankers**|Barclays Bank||
||8-10 Calverley Road||
||Tunbridge Wells||
||Kent||
||TN1 2TB||
|**_We rely on donations._**|||
|**_Donations may be made to our bank account:_**|||
|**_Sort Code:_**|**_20-88-13_**||
|**_Account number:_**|**_3668940_**||
|**_Account name:_**|**_Musalaha UK_**||
## **MUSALAHA UK**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the accounts|6 - 10|
## **MUSALAHA UK**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 MARCH 2024**_
The trustees present their report and financial statements for the year ended 31 March 2024.
The Trustees want to thank our faithful supporters who have, over challenging times, kept faith with the vision planted of God so many years ago. Thank you.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply 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) (effective 1 January 2015)”
## **Objectives and activities**
The charity's objects are the promotion of religious and racial harmony for the public benefit by:
- (a) Promoting reconciliation between Israelis and Palestinians as demonstrated in the life and teaching of Jesus
- (b) Encouraging and advocating reconciliation amongst Palestinian and Israeli believers and then beyond to their respective communities
- (c) Facilitating bridge building amongst different segments of Israeli and Palestinian societies according to biblical reconciliation principles
- (d) Advancing education and raising awareness in the UK of the barriers to peace in the Holy Land and of the biblical principles of reconciliation
- and
- (e) In particular by supporting the ministry of reconciliation of Musalaha,
- a non-profit organisation, registered in Israel.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements, performance and plans**
Activities have continued to be be limited because as we were looking to restart following covid, the war in Gaza since October 2023, restricted what could be done.
We have sent grants of £34,250 to Musalaha in Jerusalem, being £9,000 for Summer camp, £14,000 for Women's Work, £10,000 for relief and £1,250 for books
## **Financial review**
The charity received £ 20,632 (2023 £9,671) in unrestricted income, and £13,935 (2023 £15,300) in restricted income in the year. Expenses were incurred of £23,549 (2023 £10,825) from unrestricted funds and £12,788 (2023 £15,000) from restricted funds. These expenses include the £34,250 donated to Musalaha in Jerusalem to assist with the funding of its programmes.
At the end of the year, the charity had unrestricted reserves of £6,429 and £7.688 of restricted reserves of which £2,964 is for Musalaha in Jerusalem, and £4,724 is for the Women's Tour.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Structure, governance and management**
The charity was established by a charitable trust deed on 29th August 2012, and an amending deed dated 22nd May 2019 changed the charity name.
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## **MUSALAHA UK**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
The trustees who served during the year were: Tanas AlQassis Tina Clay Roisin Jackson Mark Pearson Jo Smith Tony Peck (Chair)
(Resigned 27 July 2023) (Appointed 2 October 2023)
The trustees' report was approved by the Board of Trustees.
**Tina Clay** Trustee Dated: 14 February 2025
- 2 -
## **MUSALAHA UK**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUSALAHA UK**
I report on the financial statements of the charity for the year ended 31 March 2024, which are set out on pages 4 to 10.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- (i) examine the financial statements under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as 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 financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
- have not been met or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
D Hanes
The Lodge 7 Lower Green Road Pembury Tunbridge Wells Kent TN2 4DZ
Dated: 14 February 2025
- 3 -
## **MUSALAHA UK**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations
**2**
19,664
13,935
Charitable activities
Other income
968
-
**Total income and endowments**
20,632
13,935
Charitable activities
**3**
23,579
12,788
**Total resources expended**
23,579
12,788
**Net (expenditure)/income for the year/**
**Net movement in funds**
(2,947)
1,147
Fund balances at 1 April 2023
9,376
6,541
**Fund balances at 31 March 2024**
6,429
7,688|**Total**
**2024**
**£**
33,599
968
34,567
36,367
36,367
(1,800)
15,917
14,117|**Total**
**2023**
**£**
24,860
110
24,970
25,825
25,825
(855)
16,773
15,918|
|---|---|---|
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## **MUSALAHA UK**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2024**_
|**Notes**
**Current assets**
Debtors
**8**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
Net current assets
**Income funds**
Restricted funds
**9**
Unrestricted funds|**2024**
**£**
3,290
11,227
14,517
(400)|**£**
14,117
7,688
6,429
14,117|**2023**
**£**
784
15,134
15,918
-|**£**
15,918|
|---|---|---|---|---|
|||||6,842
9,076|
|||||15,918|
The financial statements were approved by the board of trustees and authorised for issue on 14 February 2025 and are signed on its behalf by:
## Tina Clay **Trustee**
- 5 -
## **MUSALAHA UK**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **Charity information**
The charity was established by a charitable trust deed on 29th August 2012, and an amending deed dated 22nd May 2019 changed the charity name.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). 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 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. 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.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## 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.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## 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.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
- 6 -
## **MUSALAHA UK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **2 Donations**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
18,653
12,790
Gift aid recoverable
1,011
1,145
19,664
13,935
**For the year ended 31 March 2023**
9,560
15,300
**Charitable activities**
**2024**
**£**
Travel and subsistence
56
Stationery, postage and office costs
1,512
Independent Examination Fees
400
Trustee expenses
148
2,116
Grants made:
Musalaha (Jerusalem)
34,251
36,367
**Analysis by fund**
Unrestricted funds
23,579
Restricted funds
12,788
36,367
**For the year ended 31 March 2023**
Unrestricted funds
Restricted funds|**Total**
**2024**
**£**
31,443
2,156
33,599|**Total**
**2023**
**£**
24,341
519|
|---|---|---|
|||24,860|
|||24,860|
|||**2023**
**£**
1,861
1,079
-
497|
|||3,437
22,388|
|||25,825|
|||10,825
15,000|
|||25,825|
## **3 Charitable activities**
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## **MUSALAHA UK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **4 Grants Payable**
|**2024**
**2024**
**Unrestricted**
**Restricted**
Grants to Musalaha in Jerusalem for:
**£**
**£**
Summer Activities
7,432
1,568
Women's work
7,780
6,220
Relief
5,000
5,000
Books
1,250
-
21,462
12,788
**2023**
10,825
15,000|**2024**
**Total**
**£**
9,000
14,000
10,000
1,250|
|---|---|
||34,250|
||25,825|
## **5 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the year. Travelling expenses of £205 were reimbursed to three Trustees.
## **6 Employees**
The average monthly number of employees during the year was:
||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
|Total|-|-|
There were no employees whose annual remuneration was more than £60,000.
## **7 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **8 Debtors**
|**Amounts falling due within one year:**
Trade debtors
Gift aid recoverable|**2024**
**£**
350
2,940
3,290|**2023**
**£**
-
784|
|---|---|---|
|||784|
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## **MUSALAHA UK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **9 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
|||**Movement**|**in funds**||
|---|---|---|---|---|
||**Balance at 1**|**Donations**|**Resources**|**Balance at 31**|
||**April 2023**||**expended**|**March 2024**|
||**£**|**£**|**£**|**£**|
|Musalaha - Jerusalem|1,817|13,935|(12,788)|2,964|
|Womens tours UK|4,724|-|-|4,724|
||6,541|13,935|(12,788)|7,688|
## **10 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
|**At**
General funds
**Previous year:**
**At**
General funds
**Analysis of net assets between funds**
**At 31 March 2024:**
Current assets/(liabilities)|**1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
9,376
20,632
(23,579)
6,429
**1 April**
**2022**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2023**
**£**
**£**
**£**
**£**
10,231
9,670
(10,825)
9,076
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
6,429
7,688
14,117
6,429
7,688
14,117|
|---|---|
## **11 Analysis of net assets between funds**
- 9 -
## **MUSALAHA UK**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**11**|**Analysis of net assets between funds**|||**(Continued)**|
|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total**|
|||**funds**|**funds**||
|||**2023**|**2023**|**2023**|
|||**£**|**£**|**£**|
||**At 31 March 2023:**||||
||Current assets/(liabilities)|9,076|6,842|15,918|
|||9,076|6,842|15,918|
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