Registored wmbeT: 0903XleO Charlty numb•r: 116S398 KESHET DIVERSITY UK (A Company Limited by Guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 *AE3JVS* 2810512025 COMPANIES HOUSE P4ell KESHET DIVERSITY UK IA Company Llmlted by Guor¥nteel CONTENTS Ret¢fyn¢e •nd IAlministralive Delails of the Compwry. its Trustees •nd N41¥is*r$ Trust••$' R•port 4-10 Inde￿￿￿ Examln•f$ R•p(xl Stslem¢rt of FIna￿l91 Activities 12 Balance Sheet 13 lo th¢ Fknanclal Slalemw 14-24 P￿e12 KESHET DIVERSITY UK (A cOry￿nY Llmiied by Guarant•81 REFERENCE AND ADMINISTrATIVE 0￿￿JL$ OF THE COMPANY, rrs TFIVSTEES AND ADVISERS FOR THE YEAA ENDED 31 AUGUST 2024 Tru$ts•$ S Saifer E Rose E Berteen (res￿1*￿ 1 May 20251 S &AorTV)n R IAoss Dr J bff laFg)oTnted S 2024) L￿15, laprKJinted 18 June 20241 Jacobs IreswJned 5 December 20231 S Shashoua Ire&gn&J 17 Sepieml*r 20241 Conwny rngistèr•d number Charily rogistfjr¢d number 1163399 R•9istsred ¢)th¢e D￿￿ShITe Hou $82 HMeypot Lane HA7 1JS Accountants Simia Wall LLP Chartered ArTh￿nIan15 582 Honeypol Lane Stannv)re HA7 1JS Pa8e13 KESHET DIVERSITY UK IAConyany Limiled by Guarnrrt¢e) TRUSTEES. REPORT FOR ThE YEAFI ENDED 31 AUGUST 2024 The Trustees prèsent thèir annual reF￿ tog•1￿¥ wrfh Ihe finrtial statements of Keshet DNersity UK for the financial year 1 September 2￿23 to 31 August 2024. Th? Annual Rep)rt Se￿eS the pu￿OseS of btsth a Trustees, rekyjrt arxl a Directors, report urkler Company law. Thè Trustees confirm ihat thè An￿al Rèport and financial statements ol the charitable company comF4y wih tho currént Statutory requirernènts. tl requirèmènts of the CharItab￿ conyany's governing thxument the wovisions of the Statement of Retommènded Practice ISORPI a￿￿Kab￿ to charibes wepanNJ their accounts in accor¢Jance with the Financial AtFrting StaThYard aFF41Cab￿ in the UK and Repuuic ol I￿land IFRS1021 Isecond edrtion etlective 1 January 20191. Swica the CLynpany qualrfies as small under section 3B2 of the Comparn*s Act 2C#)6, the strateg￿ Report required ol me(lium and large conwies under the CoMpan￿S Act 20[6 Istraiegic Report and Directors. Fleportl Regulat￿n$ al13 has been ornitted. I￿￿CtIves and a¢tivili¥s •. Pollcies and oblect1￿$ The Charit￿s principal wms arkj otfjectfvps durffw the per•)d were lo promote equality and diversity, to a*Jvance education and eliminatè disrximinatK)n in relalion to lesb¥n, gay. bisexual a￿1 tranSge￿Yer ILGBT+l wopltt in partiwlar LGBT+ Jews wrthin the Jèwish wthr communrty. These ams were made possib* by the irwmg tharilatsle acb'¥ities pertormed and &￿atr"OnS re￿￿￿. In shapng tho otiectives ol the chanty. the Trustees have cl￿S￿l￿e￿ the Charity CommissTh)'s gux1at)¢e on publ￿ benefit. b. Volunts•r$ The charity is grateful for the ¢Jedi¢atb)n ￿ ¢¢n￿￿tineN ol it$ 15 volunteers who were invow in training 8nd education duri￿ the period. Achlevemenls and perfornwce a. Revlew of acllvStles Donation$, Giti Ai(J receNed and othar Ir￿ in the period totallad £197.207120fJ.' £183,255). É203,831 12023.. £187.8061 was paxl out on charitatAè adswti.ès as das(xibed in S to the financlal statements. Th& eharity'5 resoufces &XFx*M18<1 exc4eded if￿nItYj iesour¢ss by £6.625 (ln 20TJ resourcas expeThJ&J exceeded Incoming resources by £4,3511 The baLqTKe sheet 15 FQ5itNe during the main constituenl part contiwing to cash reserves. At the reporb'ng date. the Charity haj cash reserves of £38.431, wth ge￿ra1 funds of £68,601 a￿1 no restr￿ed lund& These reserves wll be used in the lulure the obieclwes ol the charity. specilicdly lo increase ¢apaoiy to develop and ddNer chariiaty¢ aclwibes. PaBe14 KESHET OIVERsrrY UK IA Compony Limited by Gu*r•rt¢•) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENOEO 31 AUGUST 2024 Achievements and ptrrfornw￿ l¢ortirwedl b. Swnmary ot charitablè •etl¥ities KeshetUK has a vigon of a Wor￿ whwe no one is fryced to choose between t￿1[ LGBT* and Jewtsh Kl8ntity. Our miss*)n is lo ensure 1hat Jewish LGBT+ people aTrY thwr farntlies are induded throughoul Jewish lrfe in the UK. We engage wilh 5chrds. youth and young adutt organisatK)ns. synagogues WKler communal organisations about Ihtr impY)rtaneè of LG8T+ inelusion aThJ thèn enablè thasè institutions to bJ•ntty their goals in tg becorng rn0￿ irxlusNe ol Jowish LGBT* arKI thgir lamilie& It has been an extremely challwoiThJ year fw Ihe Jewish commvnity. Last year was our first since 2019 with no pandemic impact. but the events of 7 Oclober 20fJ and the attem)ath meant that for much ol the year the Jewish cornmunity was processing hty¥ to SUPPOrt each otl*r, a￿1 this rreanl that some of KeshetUK's programming was slowed (hy￿. Given Ihis. we are 1rKxw*￿Y kxoud thal we have L*8n able tts athiove almost all our stralegic goals. In 202￿24. in ¥¢hool$ w8: Delivered wortshops and aSSeM￿leS lor over 3.9￿ pupls from INe Jewsh sec0Th￿ry schools, ten secondary school Jewish soueties. and fNe j￿iSh primary schools. Ran traning tor 73 secon(lary schod stalf, irtluding ten teathers Irom a nunknr of drfferent schools via a teacher trainiThJ rxogramme run by the Lor**sn &hool of Jewish Studies. Wthed wth a group ol Yèar 12 pupits ai JCOSS as part of thèir'Ambassador' twning prth)ramm8, Partnered wrth UJIA 10 ¢Jdiver workthops as part ol Ihe JAMS programme, using a menu ol KeshetUK worksws created speoficalty lor Jthvish sooth.es in non-Jewish secondary schools. We delivered JAMS woikshc4)s lo more than 220 pupils acr(6s ten schools. indudirwJ cw)e in Glasgow. Supported staff in a number ol schJoLs (both Jewish aThJ n(￿-Jewish) lo devekjp ￿SsOn ￿ntent and pastoral appro&thes to inprove I￿lU￿n for Jewish LGBT+ pupls. Wg also delNgred LGBT+ in¢lus*)n Iraining sessions to ninè youlh movèmènw 9roy. ￿cludIrVa.' 51 Habonim Dror leader5 as part of their pre-5umm8romp training. 64 FZY ￿aderS and 59 FZY partiupants as part ol iheir temi-time ￿Ung Wership prograrnme. 3 Noam stalf youlh ￿adets who rectivtd traiThng on a numL*r ol aspècts of LGBT+ inelusKJn as part ol a wK1er communal awarèness programme. and 25 lèaders as part ol their pre.summeroamp training_ S Bnei Akrva leaders as part of their trainir¥J fcrf kadiTr3 Israel Tour. 5 BBYO members as part of their trainiry lor leading Europe TOLW, aTrJ 10 members as part ol their prè•summw•camp trainry. Our work with synagogues. ￿)mrnUnrtI￿ awKI ralkn fft 20t3rd4 irKILKl&J IrainirwJ for.. 16 Norwood Stafl Members 13 Jewish Care senior le￿?rShp staff Nine member5 01 seft￿r leadership stalf at Limrnud Ban training, a focus group and Sock￿ Spaces for over 80 pecpbe at Limmud Festival Nine members ol staff from New Stoke New1￿j10n Synagogue and len ￿e[rt)erS of slaff frorn New LoThlon SyrHgogue PaEe15 KESHET DIVERsrrY UK A Company Limltyd by Guarantee) TRUSTEES. REPOJIT (CONnNUEDI FOR THE YEAR ENDED 31 AUGUST 2024 Eight members of slaff and gave a talk to 19 Trustees of Belsize Square Synagogue 13 members of statt from Masorti Judasm and Noam Created a session fc( the Jwsh Leadership Counol's Intemational w0n￿n.5 Day event- th? second year in a row that we have t*en invited lo a part of this event In our wmmuniti8s across the UK. wè also: Conthnued our listening campaKJn. maklng cty)rwtions with Aabbis across the COLintry. inclLKling three comMun￿eS in Ma￿kneSter DelwèreLI a D'var Torah for East Lonthn Essèx Lthral Synagogue as part ol their Pride Shabbat as well as a¢ Edgware a￿1 He￿Ion Relorrn Synagogue Sup￿rted lrtasorti cofflmunittes to be mor¢ tndusNe of Jewish LG8T+ pecyle and th&r families, as part of Ihe third year of our parthership wilh Ihree years of funding from the Nabonal Lottery Ran our first session for six parents arKI carers in ScotlaThJ. t￿n￿lI¥J IG￿ther pW trom a range of religiuu5 affiliations li￿ng in arrtJ around Et1inburgh Ran a parenvcarer lastef. tiaiNrKJ session at Limmud. 13 part￿1Pants Aan ￿ onlir* &Jucational sess*)r6 for Iwo parents. carers aTrJ farT¥ly members of LGBT+ p8Oe Fin#n¢lal fy¥iew a. Going concem This year KeshetUK continued Io OFerate against the backdrop ol the 'cfJst of liwryJ utsis. cxjupled Mth SlgnifirAnt changes in the grani makirKJ laThYscape and the irnpa￿ of 7 o￿ober orn Jèwish eharit3ble giving. This resulted in sorne regular donatv)r￿ reducirwJ. grants beiry reduced or cut attggelher and inryea5ing staff salaries lo ensure stalt dKI not b5e oul in rèal terrns. Moro5kYe these challenges. like many tsrganisalions many other costs rose due io hwJh inflation. Wo continue ￿ take steps to mitigate Lhe rksks and m￿lMise the benefil to our benefi¢r&rigs this Pert￿. We have a knt of work to do in 2024125 as some of our ￿seryed fundwMJ is ccming to an end aThJ intlation ramans high, even though it is fafiw. Tho delivery ￿ 8ducatN)n and trainirvJ ¢s h￿￿er than wtrpandemic levets. and interest in our s*vicès Contin￿ to grow. We wil need to wcrfk hard to socajre lurther renewal ol luNIiTh3. as well as builJiThJ dc￿01 rekbonships. and bwng caul*)us with our 5peTrJir¥J. We have pLans in ￿￿ce to increase iTrJividual giving irKome via lurnjraising campaigns and rrKJnet6alKJn of somè wogramme elerwts to he*J CLJntribute toward our financial sustainabilty. We need to balan￿ this awoach to ensure that finartt is never a barrier to any organisatio wishing tg engage with u$. Thè Trusiees expect the charrty to have enough resources to remain in eXIster￿ lor the foreseeable futurè. For thi5 reason. they ¢onlwiue to a(k)pt the goiro cOr￿£M basi5 in preparing the finan(￿￿ statsments. b. Beserve$ policy Th8 eharity Fxw0u￿Y had a r8S8Nes pc4Ky of hokffiro lurthts ewNab8nt to mc*rths exp￿ltUre. The Directors have &sta￿lShe￿ a reseryes in Marth 2025 that requires the charity to hold reserves equivalent to 4-6 months. experttiture. At ts ￿e￿rt1"n9 t1ate. Lw)re**Xed ￿SerVeS are £68,601 and WL￿Id rA)ver over foyr months. eX￿n￿rtUre. PagelG KESHEf DNERsrrY UK {A Company Limited by Gu•ranlee) TRUSTEES. REPORT ICONTINUEDI FOR ThE YEAR ENDED 31 AUGUST 2024 c. Prlnclpal fuThllng The charrty is principally fuTh1ed by ¢Jonth"on Structur•. governance and managwnent . Consiiiullon The charity is registered as a ch*rtatA• cwipany lirr#ted by gvaranlee and was set up by a Memorandum of Association on 14 May 2014. The chwity is conslituted under a MernoraTrJum ol ASS￿1¥￿)n dated 9 May 2014 and is a registered charity number 1163398. The tharitab￿ u)mpany was 1rt0rpora￿d on 14 May 2014 at Cornpanies House. The pnncipal object ot the charity ￿ to provide to womote equalrty and (Jiversity, advan¢¥ education and eliminate th5criminat￿n in rélation to *th"an. gay. ￿"sexU￿ aThJ transgender ILGBTI people in parti¢ular LGBT Jgws wihin thg Jewish arKI WKler aynmuThty by such mèans as thè Trust*es from tim8 tv tiwng decide. b. Method5 of appolntrr*nl or d¢ctlon ol Truste•s The Trustees who seNed ￿ng the year were.. S Saffer E Rose E Berteen IreswJned l May 20251 S solor1￿n R Moss Dr J Ziff lappointed S Plarch 2024) M Lewis, lappointed 18 June 20241 M Jacobs Iresigned S Decernter 20231 S Shashoua Iresigwl 17 September 20241 The management of the ¢*arily is the re5wn5tbtlity ol thè Tfttsteès wtho are eleued and co-optod un(JBr Ihg tèrms of thÈ consi1￿110n. Urxler the constitution TrU￿eeS afe aFP)inted for thretr years. Ontr third of Ihtr Trusl•es rè*'ra annually a￿1 arè eligibl? for rtrapKx)¥*r￿t. M) Trusteè received any remuneration for services as a trustee Ouring year. No Trustee had any benelioal interest in any contracl wlh the charity during the year. ¢. Pollcks adopted lor the #Ylu¢iiM #nd tralninll ol Trvslees Existing Truslees trfiel new Trustees on the charitys airr6 arKI rti1￿liveS. They are given a copy ol the charrtls constitutton as well as the latest linarKial statements. They are also given literatu￿ at￿ul the charity, lamiliarised with our pol¢ies, and are directaj towards tl* charity's website. This enables the Trustees to fulfil their role in line with the Ch￿11185 2011. P•ge17 KESHEf DIVERSITY UK {A Company Limited by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2024 ql. Risk managem•nt The Trustees have assessed the major risks to the eharty 15 exposed. in particular those relale(I to the operations and finances of the charity. and are satisfied that systems and procedures are in ￿ace lo mitwate our exposure to the major risks. irKauding: Risk 1.. Rising demand oulstrips our capacity to deliver programming. This is miligaled through good ccrfnmunution Vdilh those we work ¥￿th. reviewin9 how we %w)rk lo ensure we are working effectively and fundraising lo add any necessary new capacity. and building volunteer capaaly. Risk 2.. Lack of sufficienl funds. This is Mil￿3aled I￿￿gh our fundraising strategy including priorilisiThJ bong- term regular donations. attracting major donors. expanding our ￿ant bwiting, exploring further opportunities lo increase trading income to ertsure our longer-tem Sta￿'bIty. Risk 3-. Insufficient Vofunleer recruitment and retentw)n affecting KeshelUK's ability to deliver its activities. This is mitigated through our volunteer recruilmenl. engagement and development activities, with a named volunteer coordinalor and considering a trustee wth Spe¢rf￿ responsibility for volunteer development. Risk 4: Volunteer or staff bumout at all levels in the organisation, induding leadership. This is mitigated by priorilising activities $0 non-essenliallnon-urgenl can be postponed or held, spreading workload across the widest team possible. and Ihrough (Jebriefing and support activibes. We also have one trustee who support5 on HR issues specifically. and have eontracted extemally for expert human resources support. Risk 5.. Inappropriate volunleer or staff behaviour ¢C￿ld resurt in ham to vulnerable people or create reputational risk. This risk is miniffli5ed through implemenling our safeguarding policy. regular training opportunities for volunteerslstaff. avoiding unsupervised working wlh polenlially vulnefable people.. volunteerslslaff working in pairslgroups wherever possitje., and supervision and mentoring of newer volunteerslslaff by more experienced volunteerslstaff. Risk 6. Impact of Ihe'cosl of living. crisis. This has become easier to quanlrfy as time has passed. However. we are still unsure about Ihe economic impacl on our fvnders arKI how this rnay affect us. We are trying lo manage this risk through ¢lose engagement with major donors and audiences for our work. and where posSi￿e adapting our content and delivery to the evofving situation. Page18 KEsH￿ DIVERStTY UK (A Comp•ny Llmiièd by Gu•rnnt••) TRUSTEES. REPORT (coi¥nNUED} FOR THE YEAR ENDED 31 AUGUST 2024 Plan$ for lulwo ￿rIOdS In 2023r24 we bejan to delwer w new INe-y¢ar stratygy. wekome members ol staff aNI new rnembers ol our Trustee Board. DuriTrJ 2023124 we saKI goodbye to Trustees. M￿helle Jacobs left us in December 2023 aft91 threè aThJ a hall yeats on our t(Jard aThJ Stephen Shashoua stepped (Jown in Sèptèmber 2024 arter four years. We Ihank Ihem Ix)th for thtyr d*11￿10￿ aThJ cYJmMrtn￿nt to KeshetUK throughout the time with us. We welcomed Dr Jo Zrtf and Matt L**is in March aTrJ June 2024 resFectwely, taking up thè rofes of Monitoring arKI Evaluat￿ Lead arKI Treasurer. Both brry substantial axpertise and *nhanced Ke5hetUK's g0vema￿e capacity. Our first Exeojlive Director. DJia Flemiry. left KeshetUK at the start ￿ thg summ*r. 0￿•a had been our Executive Director $i￿e 2017 and had W a voknnteer with us SI￿ we first started. even before we were a charity. in 2012113. was an inspi¥ing and exceptional leader of KeshetUK. Following an exten￿ve rgcnjitment proces5. ihe Board of Trustee5 apwintef the asset's use. Supwt costs a￿ those costs irrurred diredy in SUPF(fft ol eXpe￿Il￿re on Ihg objects ol the cornpany and incknle woiect management camed OLrt at Headquarters. Cknarilable ath"vrties Goverrwu costs arè cfjsts incLMfaJ on the companls educational OFeraiions. including Sup[￿ costs ￿ costs reL4thng 10 the goveman(% of the rnmpany aFW)rtione(I to ¢hariiabte adiviDes. Page114 KESHET DIVERSITY UK IA Conyany Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMEiirs FOFI THE YEAR ENDED 31 AUGUST %)24 A¢¢ountlng Wi¢ies (¢oniiNedl 14 Governmenl gr•nts Govemment granls relab"rKJ to ta￿1b* fixed assets are treated as delerred ino)m8 and r8l0asèd 10 the Statement ol Fin￿￿ over the expected usefvl lives of the assets concerned. Other grants are credited to the Statement of Fina[￿la1 Actm'ties as the related expe￿IltUre is incurred. IS Tangible fixed assets and depreclatlon Tar4Jde fixed assets are carr*d at cost, net ol depreciation aTrJ any provision for impaim)enL Oeweriation is charged so as lo all￿Ale ihe cost ol tangible fixed assets less their resmlual value ovei their estimated uselul INes. usw)g the straight-line methc¢J. Oeweoation is pwowded C￿ ts Ic4h)wirMJ bags: Olfice equiprnert - 3 Jpars strapJM li￿ ¢JeprerAalKJn 16 Debtors Trade aTrJ other debiors are recogni5￿1 at ts setllemw* amount after any trade discounl offered. ¢payments are valued at Ihe aff￿nI nei ol any trade di$¢￿nts ¢u*. 17 Cash at b)nk •nd In hond Cash at bank aThY in hand indth cash and short-terrn hI￿lY l*Juid investments with a short maturty of three months or bess Irom the date ol ac¥]uisition or OFeniro of the depwrt or similar a¢¢ount. 2A Liabilities and provisions Liatiilities are recO￿ls￿￿ when lh￿ 15 an cdjkgation at the BalarKe Sheet dats as a result ol a past ovent, rt is prOba￿e trat a transfer of econorn￿ ben6frt ￿11 be r￿U￿r￿j in settlement. aThJ the amount of the Sett￿rI￿nI can be estimated reliably. Liabilrti8s are r8eC4Jn￿j at th8 amount that Ihe Corwy 3￿cipal¥S It VMII pay to sellle Ihe debt or the amount it has recwgj as advanced ￿3Yrnents for the goods or services it rnust provide. Provisions are measured at Ihe test esi¥nate of the amwnts requyed lo selt* the obwtion. Where Ihe tlfect of time value ol money is malef￿, the provI￿n is based on Ihe present value of those amounts. ￿l$coUrted at Ihe prtrtax ¢f6cwnl rale thai refiects tl* risks swcrfic to the liaLylity. Th unwrnling ol Ihe ¢hcouM bs rwnised ￿ the Statement ol Financial AetMliBs as a h"nance cost. 29 ￿nSIOnS The Company operates a def*￿j contritxA¥)n pensK)n scheme aNJ th$ charge repr￿nIS the arM)unts payabSe by the Cryryany to the fwKI in reS￿t of th8 year. Page115 KESHET DIVERS￿ UK IA Company Llmlltd by Guarant••l NOTES TO THE HMANCIAL STATEMEPITS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcSes I￿ntInued> 2.10 Fund aeeountlng GenerJ IvrK*s are unrestriraed fU￿ts are aValab￿ for use at lh& distreiN)n ol Ihe Twstees in furth8fancè of the gerte￿ Obj￿￿$ of the Company and which have not been d8sbJnaled lof other rposes. RestrKled funds are fund5 whrh are to be used n aC¥ordar￿ with speolic reStr￿u)n$ imposed by do￿r$ or whth have been raised by the Company for part￿ular purposes. The costs of raisM)g and administtrin9 such funds arè Charg￿ against the speofic fund. The aim use ol each restri¢t¢d fund is set out in the notes to Ihe fina￿al statements. Irom don￿lOn$ and leg•¢ies Lh¢strKled luTrJs 2024 Restr￿ted fuTrJs 2024 Total funds 2024 Donaiitins grants Other incoming res￿ree$ Interesl on SU￿￿$ cash lunds 72.372 2.201 1.326 121.308 193.680 2,201 1,326 75.893 121.308 197.207 UrnestrKled fuTrJs 2023 R9StT￿gd furKIs 2023 Tolal funds 2023 Donations grants (Ahef resou￿eS 121.548 "4.916 .791 178.339 4.916 126.464 56.791 183.255 Page116 KESHET DIVEASITY UK {ACoffpany Limited by Guarant••l NOTES TO THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 AUGUST 2024 Anafy$l$ of expenditure on charllabl• Activities summary by fvnd ty Unrestrthd funds 2024 RestrKted fuThJs 2024 Total 2024 CharitatrAe activib¢S 63.952 139,879 203,831 UNe5trr funds 2023 Restri¢t¢d fuTrJ5 2023 Total 2023 Charrtat4e aaivit*s 140,526 47,080 187,606 Anotysls of oyndltur* by •cllvltles Actmbes uThYertak8n dire¢Uy 2024 Supp)rt 5ts Total funds 2024 CharitatAe a¢tivitios 6.628 197.203 203.831 Actwrties undertaken direcuy 2023 Support Total funds 2023 2023 4,637 182.969 187.606 P48e117 KESHET DIVERSITY UK (A Conyany Llmhted by Guarantwl NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Analysls of expendlture by acllvlt*s {continutd) Analysls of dlrtct eo*ts Total fuTrls 2024 Actmhes 2024 Stsff arKI volunteer eypgns¢5 6.628 6,628 Toial furKIs 2023 ActNities 2023 Swff arKJ volunieer ey&wws 4.637 4,637 Analysls of support costs Total funds 2024 ActivitEs 2024 Slaff costs DèprerialK)n Telepho￿ and internet sktionery and k¥intiThJ Subscriptions Irtsura Legal and prof$$$wJnal fa¢$ Accountancy Advertising ar*J marketiryJ Stsff tr&ning Rent 163,539 163,539 604 428 428 Y93 1,542 590 7.773 3,000 993 1,542 590 7.773 3,000 834 1,264 16.636 1,264 16.636 197,203 197.203 Pa8e118 KESHEf DNERSITY UK (A Company Limlted by Guorantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 An•lysls of expenditwe by a¢¢i¥ities {vJntirwdl Anolysls ol supp¢xl cosls {conti1N￿dI Tolal lunds 2023 Adivilies Statt costs Depreoat Telephone and inter Bank charg•s Sundry costs Sub5cription5 Insuran Legal aThJ prolessional lees Ac¢xJunIa￿Y Advertising rnark￿1ng IT Costs Staff train Rent 154.416 777 425 154.41 B 777 425 487 418 835 472 418 835 472 3.466 3.000 876 674 3,466 3.000 876 674 1.542 15,579 1.542 15.579 182,969 182.969 stsit costs 2024 2023 Wages and salaries Social 59oJrity ¢¥sts Pension o)sts 149,291 10.686 3,562 141,224 3,511 163.539 154,418 The average nUrn￿ of per$￿S by the Conyny i*Jrir¥J Ihe year was as Idlows= 2024 No. 2023 No. Errwoyees No employee I￿Ned r¢muwalK)n alT￿IntiN4 to than £f￿.000 in eI￿r year. thjring the p¢rieA. kèy managÈtr*rt Fef9JnW recweil total erTh)luments 01 £163.53912023'. £154,418) Pa8e119 KESHET DNERSITY UK {ACompany Limlted by Guararthe) NOTES TO THE FINANCIAL STATEMEirrs FOB THE YEAR ENDED 31 AUGUST 2024 Truslees. remuneratlon and expenses thjring the year, no Trustees receive(1 any rernunerats'on ry other be￿i[sI2023- £NILI. ring the year erkyed 31 August 2024. no Trus￿ exponses b8¢n in¢yrr¢d12023- £NILI. Tanglble Ilxéd gss•ts equipmont Cost or Voluatlon Al 1 Septelthr 2023 3,707 At 31 Augu$1 2024 3.707 r*roeiation At 1 SepteFrt)er 2023 Charge for thè yeaw 3,103 At 31 August 2024 3,707 t book At 31 August 2024 At 31 August 2023 Debtors 2024 2023 r*J• wllhin ong ye¥r Trade debt￿$ Prepayrnerts and aCUU￿ income 35,510 21,249 539 36,054 21,788 Page120 KESHEf DIVERsrrY UK IA Company Limited by G￿ra￿l NOTES TO TrIE FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 AUGUST 2024 11K Crtdiiors: Amounts l•lling wllhon on• y￿r 2024 2023 Olher taxab"c¥) $￿al s￿vrrtY Accruals aTrJ deferr&J Ir￿ome 2.370 3,514 3,549 43.500 5,B84 47,049 11. siat•mgni of fun Slat•ment ol lunds. curr•nt y•ar BaLance at 1 Sèptsmt*r Balance at 31 Augu$t 2024 lrtomè Expernliture Unrèsitlet￿ funds General Funds - lur¢ts $6.6S5 79,899 167.9531 68.601 R•strlet•d lund$ Shore5h l Aboard- Edutath Jewish Youth Fund Masorti Judaism The Chiklr*n's Aky Ccynmthee The ChiklwKJt Tw5t Oxford & St Georgo's Jewish Youih Trust Charle5 and Lynn Schusterman FWMIY Philanthro￿5 Greenbaum Family FoUr￿lab"C The Little Butterfy FouThJathon Olher restricted lu*•ls 3,481 1,981 2.000 15,4621 I2.[￿) 13,ry)01 11,93211 {13,3331 15.orxii 19.C#)01 13.333 48.562 148.5621 124.0451 14.OLX)I 123,5451 3.545 18.571 121.308 1139,8791 Tot•1 ot funds 75.226 197.207 1203.8321 68,601 Pa8e121 KESHEf DNERsrrY UK IA Company LIMOt￿ by Guaranto•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 AUGUST 2024 11. Statement of lund$ (eoniinyed) Statwnènl ol lunds- prior year Balance at ante 1 Sep*mber 2022 31 Augu51 2￿23 FI￿orne Expendilure Unr•siriet•d lunds Gtnèral Funds- all funds 70.717 126.464 1140,5￿) 56.655 Restricted funds Shoresh All Ab)ard- Ethcation Masorti Judaism LGBT Consortiurn The Chilt1wiL* Trust ford & St George's Jewsh Youth Trust Greenbaurn Farwbily Foul￿ati[y1 Other restricted luThJs 1.981 3,481 3,810 1,￿0 S,CQO 13.8101 11.IXK)I 5.000 3,000 3.545 3.545 11,OCK)I 120.6351 120.1351 3.680 3.680 .791 147,0801 18,571 Totsl ol lunds 79.577 1&3,255 1187,6061 75,226 12. SUMM￿ ot I￿￿$ Summary ol lunds. eun•nl y•w Balance at 1 September Balance at 31 Auoust 2024 Income Ex￿)ditur• Geneia) Ivnds Restr￿1￿1 lunts 56.655 18,571 75,899 121,308 163,9531 1139,8791 68,601 75,226 197,207 1203,8321 68.601 P•8e122 KESHET DIVERSITY UK IA Compony LlmSt•d by Guaran1••} NOTES TO THE HNANCIAL STATEIAENTS FOA THE YEAR ENDED 31 AUGUST 2024 12. Summary of fumls Icontinuedl Sum•nary ol prior y••r B￿ance at 31 August 2023 1 Seplemt*r 2022 lrtome E4)ènditur General fuThJs RestrKted funds 70.717 126.464 56.791 1140.5261 147.0801 56.655 18.571 79.577 183.255 1187.6061 75.226 13. Analysls of as*ts bet¥rteen lunds Analysls ot net •ss•ts b•tw••n lund$. eurrenl year Unrestr￿ed fu￿1$ 2024 Restrrl&J funds 2024 Total lunds 2024 Ta￿1b1* fixed a55ets Current assets CreditNs due within one year 74.485 15,8841 74,485 15,8841 Total 66.601 68,601 Analysls of r*t ass•ts b•twa•n lunds- prSty UnreStr￿$d fuThJs 2023 Restr￿ fund5 2023 Total funds 2023 Tangible fixed assets Current assets Cre(1ii¢ys within one ￿aT 604 121,671 147,0491 103.11X) 147.0491 18,571 Totsi 56.655 18,571 75,226 Pa8e123 KESHET DNEFISITY UK (A ¢ony•ny Llmlted by G￿rantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR E14DE0 31 AUGUST 2024 Th8 company wrates a definwj contr1t￿Ksn5 pension ￿h￿rne. Thè assets of the scheme are held Separatsiy from thosè of the company In an independenuy administèred fuThJ. The pensiorn Cost charge repre5ent5 Contributions Parab￿ by the company to lurKJ and amounted to £3,56212023." £3.5111. Contribul*Jns tolalling £514 12023.. £NILI werè payable io the luThl at the balarte sheet date and are inclu¢Je(l in cre(Ittors. Pa8e124