**Charity registration number 1162101 (England and Wales)** ## **MUSALAHA UK** ## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 MARCH 2025** ## **MUSALAHA UK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**Trustees**|Tina Clay| |---|---| ||Roisin Jackson| ||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 2025**_ The trustees present their report and financial statements for the year ended 31 March 2025. 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** We have sent grants of £10,000 to Musalaha in Jerusalem for the Summer Camp programme. We also utilised restricted funds to finance the Women across the Divide tour. ## **Financial review** The charity received £ 19,598 (2024 £20,632) in unrestricted income, and £11,385 (2024 £13,935) in restricted income in the year. Expenses were incurred of £7,081 (2024 £23,549) from unrestricted funds and £10,231 (2024 £12,788) from restricted funds. These expenses include the £10,000 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 £18,945 and £8,842 of restricted reserves for Musalaha in Jerusalem. 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. The trustees who served during the year were: Tina Clay Roisin Jackson - 1 - ## **MUSALAHA UK** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ Mark Pearson Jo Smith Tony Peck (Chair) The trustees' report was approved by the Board of Trustees. **Tina Clay** Trustee Dated: 23 January 2026 - 2 - ## **MUSALAHA UK** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MUSALAHA UK** I report to the trustees on my examination of the financial statements of MUSALAHA UK (the charity) for the year ended 31 March 2025. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. ## **Independent examiner's statement** - I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. David J Hanes 7 The Frith Pembury Tunbridge Wells TN2 4EU 23 January 2026 - 3 - ## **MUSALAHA UK** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations
**2**
18,196
11,385
Charitable activities
Other income
**3**
1,402
-
**Total income and endowments**
19,598
11,385
Charitable activities
**4**
7,082
10,231
**Total resources expended**
7,082
10,231
**Net income/(expenditure) for the year/**
**Net movement in funds**
12,516
1,154
Fund balances at 1 April 2024
6,429
7,688
**Fund balances at 31 March 2025**
18,945
8,842|**Total**
**2025**
**£**
29,581
1,402
30,983
17,313
17,313
13,670
14,117
27,787|**Total**
**2024**
**£**
33,599
968
34,567
36,367
36,367
(1,800)
15,917
14,117| |---|---|---| - 4 - ## **MUSALAHA UK** ## **BALANCE SHEET** ## _**AS AT 31 MARCH 2025**_ |**Notes**
**Current assets**
Debtors
**9**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
Net current assets
**Income funds**
Restricted funds
**10**
Unrestricted funds|**2025**
**£**
4,852
24,898
29,750
(1,963)|**£**
27,787
8,842
18,945
27,787|**2024**
**£**
3,290
11,227
14,517
(400)|**£**
14,117| |---|---|---|---|---| |||||7,688
6,429| |||||14,117| The financial statements were approved by the board of trustees and authorised for issue on 23 January 2026 and are signed on its behalf by: ## Tina Clay **Trustee** - 5 - ## **MUSALAHA UK** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **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" 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)". 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 2025**_ ## **2 Donations** |**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
17,679
9,990
Gift aid recoverable
517
1,395
18,196
11,385
**For the year ended 31 March 2024**
19,664
13,935|**Total**
**2025**
**£**
27,669
1,912
29,581|**Total**
**2024**
**£**
31,533
2,066| |---|---|---| |||33,599| |||33,599| ## **3 Other income** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |Income from sale of books|1,402|968| - 7 - ## **MUSALAHA UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **4 Charitable activities** |Tour costs
Travel and subsistence
Stationery, postage and office costs
Books
Independent Examination Fees
Trustee expenses
Grants made:
Musalaha (Jerusalem)
**Analysis by fund**
Unrestricted funds
Restricted funds
**For the year ended 31 March 2024**
Unrestricted funds
Restricted funds|**2025**
**£**
4,795
-
1,678
840
-
-
7,313
10,000
17,313
7,082
10,231
17,313|**2024**
**£**
-
57
1,511
-
400
148| |---|---|---| |||2,116
34,251| |||36,367| |||23,579
12,788| |||36,367| ## **5 Grants Payable** |**2025**
**2025**
**Unrestricted**
**Restricted**
Grants to Musalaha in Jerusalem for:
**£**
**£**
Summer Activities
4,493
5,507
4,493
5,507
**2024**
21,462
12,788|**2025**
**Total**
**£**
10,000| |---|---| ||10,000| ||34,250| ## **6 Trustees** None of the trustees (or any persons connected with them) received any remuneration during the year. - 8 - ## **MUSALAHA UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ ## **7 Employees** The average monthly number of employees during the year was: ||**2025**|**2024**| |---|---|---| ||**Number**|**Number**| |Total|-|-| There were no employees whose annual remuneration was more than £60,000. ## **8 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **9 Debtors** |**Amounts falling due within one year:**
Trade debtors
Gift aid recoverable|**2025**
**£**
-
4,852
4,852|**2024**
**£**
350
2,940| |---|---|---| |||3,290| ## **10 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 2024**||**expended**|**March 2025**| ||**£**|**£**|**£**|**£**| |Musalaha - Jerusalem|2,964|11,385|(5,507)|8,842| |Womens tours UK|4,724|-|(4,724)|-| ||7,688|11,385|(10,231)|8,842| ## **11 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**|**1**|**April**|**Incoming**|**Resources**|**At**|**31**|**March**| |---|---|---|---|---|---|---|---|---| ||||**2024**|**resources**|**expended**|||**2025**| ||||**£**|**£**|**£**|||**£**| |General funds|||6,429|19,598|(7,082)|||18,945| - 9 - ## **MUSALAHA UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_ |**11**
**Unrestricted funds**
**Previous year:**
**At**
General funds
**12**
**Analysis of net assets between funds**
**At 31 March 2025:**
Current assets/(liabilities)
**At 31 March 2024:**
Current assets/(liabilities)|**(Continued)**
**1 April**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 31 March**
**2024**
**£**
**£**
**£**
**£**
9,376
20,632
(23,579)
6,429
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2025**
**2025**
**£**
**£**
**£**
18,945
8,842
27,787
18,945
8,842
27,787
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2024**
**2024**
**2024**
**£**
**£**
**£**
6,429
7,688
14,117
6,429
7,688
14,117| |---|---| - 10 -