Charity number: 1163790 CAMPAIGN AGAINST ANTISEMITISM TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
CAMPAIGN AGAINST ANTISEMITISM CONTENTS Page Reference and Administrative Details of the Charity. its Trustees and Advisers Trustees. Report 2-12 Independent Auditors. Report on the Financial Statements 13-16 statement of Financial Activities 17 Balanco Sheot 18 Statement of Cash Flows 19 Notes to the Flnanclal Ststements 20-33
CAMPAIGN AGAINST ANTISEMITISM REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees The charity has been granted dispensation by the Charity Commission for England and Wales not lo name ils trustees. This dispensation has been granted so as to preserve the safety of all those involved with the charity. Charity reglstered number 1163790 Prlnclpal offlce PO Box 7393 London W1A 5XQ Independent audltors BKL Audit LLP 35 Ballards Lane London N3 1XW Bankers Lloyds Bank 33 Old Street London EC2N 3AH Page 1
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their annual report together with the audited financial statements of the charity for the year January 2023 10 31 December 2023. Objectives and activities a. Polieies and objectives Campaign Against Antisemitism ICAAI is 8 volunleer-led charity dedicated to exF)osing and countering 8ntisemilism through educab'on and a zero-loleranee enforcement of the law. It is the UK'S leading organisation fighting anlisemitism. The eharily's objectives are to promote racial harmony for the public benefit between Jewish people wherever in the world and other members of society by the elimination of antisemilism, including ising awareness of the occu[nCe of antisemitism and providing 8dvoe8cy, assistance, care and relief in lalion to those affected by anlisemitism," and to advance education as regards the history, causes, effects and prevention of 8ntisemitism for the public benefit. The charity's oveoll objective is reflected in our motto". Justice, justice you shall pursue" which is drawn from well-known verse from Deuleronomy116."201. The repetition of the word justice in the verse ean be understood simply as 8 means of emphasis", however, some believe that it denotes two types ofjustice". justice for ourselves and justice for others. Others propose that it means that we must seek justice by just means alone. Together, these inlerprelations capture the ethos of the charity. In adopting "Justice, justice you shall pursue" as our motto, we unify all that we do under the universal value of the pursuit and realis8tion of justice. We envision a society in which antisemitism is univers811y understood and abhorred. Our mission is to secure justice 8gainsl antisemites and strive for a more unified and harmonious society. The trustees have had regard to the Charity Commission's guidance on public benefit. b. Strategies for achieving objeetives We expect the authorities, professions and political parties to take firm aelion to address manifestations of antisemilism, and we work closely with them. However, when they do not defend the rights of British Jews, we 18ke action ourselves in Courts and tribunals, and through the media. This has become 811 the more critical since the horrific attack on 7th October by Hamas, in the aftermath of which, there was an increase in anlisemilic incidents of 1,3500A according lo the Mètropoli18n Police Service. We are at the forefront of the battle to deter antisemitic crime and pursue justice for victims and the Jewish community. To this end, we deploy innovative legal strategies against those who express or propagate antisemitism, and our liligalion continues to set landmark legal predents. Our sm811 team of staff works with the thousands of volunteers who have signed up to Contribute their considerable talents to the fight against antisemitism. In the long history of the fight against the wodd's oldest hatred, every accomplishment of note started with a small, plucky, single-minded group using every ounce of their determination and ingenuity to achieve an objective that everyone else said was too ambitious. Page 2
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Objectives and activities leontinuedl c. Activities undertaken to achieve objeetives During the period, the charity's activities have included". Campaigning against antisemitism wherever it arises, including on the streets and online, as well as in media, public life, the professions, and civil society, by highlighting the problem and demanding action. We regularfy appear on the UK'S main television and radio stations, and work closely with every mainstream newspaper. Enforcing zero tolerance of antisemitism by working with the authorities lo investigate and prosecute hale crimes toward Jews. When the authorities failed to act, we successfully launched litigation. Over the years, this has included private prosecutions using our own lawyers and bringing judicial review proceedings against the Crown to force the stale to prosecute offenders. These techniques have resulted in criminal convictions and even custodial sentences in cases when the Crown Prosecution Setvice initially refused lo prosecute. Working closely with legislators lo ensure that regulations, laws and penalties are suitably tough, that the right laws are in place lo deter antisemitic hate, and that those laws are enford. Holding educational events for school pupils, Ljniversity students and adults, both within the Jewish eommunily and beyond, as well as through the provision of training to profession81 regulators and other organisations in the private and public sectors, to promote the knowledge, recognition and deterrence of antisemilism. Raising awareness of antisemitism through the provision of reSoUrS and the publication of research, ranging from historical resources and in4eplh investigations of contemporary manifestations of antisemitism lo national polls, and stalistics-galhering. These research projects Inform our work and also equip the authorities, the media and the general public with vitsl Infomialion that contributes to their understanding of antisemitism and how to counter it. We also publicise antisemitic incidents on our website and social media platforms, which allract a substantial and growing domestic and international readership. Promoting the widespread adoption of the International Definition of Antisemilism. In 2016, the UK was the first country in the wodd to adopt the definition, something for which the charity worked hard over many meetings with officials at Downing Street. Since then, we have promoted the adoption of the definition by public bodies, criminal and judicial bodies, local authorities, universities and others. d. Soclal Investment pollcles The charity did not engage in social investment or grant-making, nor did it hold funds as custodian Iruslee on behalf of others Page 3
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Aehievements and performance a. Main achievements of the charity Over the course of the 2023, the charitls achievements and performance have included the following". CAA organised the national March Against Antisemilism, which assembled the largest gathering against antisemitism in Britain since the Ballle of Cable Street in 1936. 105,000 people marched shoulder lo shoulder with British Jews taking back the streets of London from weekly hate marches. The march was heavily featured in all major newspapers, including on the front pages. CAA launched the firstever national antisemitism billboard campaign, highlighting the fact that Jews are 5000/ts more likely to be the victims of a hale crime than any other faith group. These billboards we displayed across multiple cities, including London, Manchester, Leeds, Glasgow, Birmingham and Edinburgh. 11 included prominent locations such as Leicester Square, Heathrow Airport, Westfield Shopping Centre and Manchester One. Among the models shown on the billboards was a Holocaust survivor who has been left sickened by modern anlisemilism, and, it is believed for the first lime on a British billboard, member of the Chareidi Jewish community, which bears so much of the brunt of violent antisemitic crime. CAA prodUd a firsl-of-lls-kind Investigative film, looking Into allegations of antisemitism against notorious rock legend Roger Waters. The investigation, titled The Dark Side of Roger Waters was led by veteran journalist John Ware and was viewed hundreds of thousands of times, around the world and received large- scale international coveffige, causing further victims to come forward. Following our successful investigation into Mr Waters, CAA organised a series of protests and actions outside the Palladium Theatre, in the build-up to their hosting of Mr Waters. This resulted in the Palladium effectively muzzling Mr Waters during his performance, as he himself admitted, and has had a global impact, with protests against his subsequent tour in South America. The National Union of Students INUSI, the UK'S representslive body for all students, was finally fOrd lo reckon with its past. Following a report into antisemitism at NUS which CAA contributed to and which leaned on research undertaken by CAA found that NUS allowed the development of a 'hostile environment" for Jewish students, with instsnces in which Jewish students were subjected lo harassment likely lo be in breach of the Equality Act 2010, in addition to NUS'S code of conduct. It rightly recognised that there has been a °poor relationship" beeen NUS and Jewish students for a long time. As a part of this investigation, NUS look the unprecedented step of removing ils President Shaima Delali, who had previously eeted the chant Khaybar Khaybar Ya Yahud., The chant is an Arabic battle cry referencing the massacre and expulsion of the Jews of the town of Khaybar In northwestern Arabia, now Saudi Arabia, in the year 628 CE. CAA supported a young Jewish employee in suing his employer for unfair dismiss81 after he fired the employee for refusing lo remove his Kippah. CAA helped a teacher reach a settlement following multiple instanS of antisemitism at their school. CAA successfully intetvened in Ken Livingstone's High Court challenge to the EHRC report. Mr Livingstone withdrew his case, leaving the EHRC findings unimpeachable, in self-inflicted humiliation. A fomier barrister was found guilty of five communications offences after seven years of action by CAA. We have continued our educational offering for young people, including a major course at the largest Jewish day school in ELJrope, JFS, with more to follow in other schools next term and professional briefings at major global companies. Following a successful CAA investigation into the whereabouts of a wanted French fugitive, a Scottish court granted extradition for the Holocausl-denier. Following the 7th October Hamas atrocity, antisemitic hate crime in Britain rose by 1,3500kn. Our team has worked around the clock reporting cases to the police, regulatory aulhorilies, broadcasters elc. supporting students, leading the fight against antisemitism on social media, running campaigns, fielding an unprecedented number of queries from the public, supporting victims, delivering educational sessions lo everyone from children to professionals. Page 4
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Aehievements and performance Icontinuedl CAA co-sponsored a rally outside the BBC'S Broadcasting House, which was covered by the major broadcasters and newspapers. Subsequently, CAA returned to project onlo the building a video showing the consequences of the BBC'S Inflammatory reporting. For the first lime, a member of the BBC'S Executive Committee spoke al an open event for the Jewish community hosted by CAA and attended by hundreds. CAA was al the forefront of the campaign to pressure the BBC lo report accurately and impartially, including by calling Hamas what they a". lerrorists. This included CAA launching a Parliamentary Petib'on calling for terrorism legislation lo be amended to require all broadcasters regulated by Ofcom to describe all terrorist organisations proscribed in the UK and their operatives as "terrorists. and not by any other descriptor, unless il makes their lerrorisl nature clear. CAA hosted a rally outside New Scotland Yard. The rally called out the failure of poli lo make arrests over public support of terror organisations. Leading lawyers, including 15 KCS, signed a letter written by CAA calling on the police commissioner lo enforce existing criminal offences and use his section 12 powers to limit the weekly anti-lsrael marches through London. Following our protest outside Scotland Yard, CAA mel with the Home Secretsry to discuss issues affecting the Jewish community. Our focus remained on ensuring arrests and prosecutions materialise, and that the Met use their powers to impose conditions on marches. CAA volunteer teams have been sent to gather eviden of antisemitism al anli-lsrael demonslralions, contributing to pressuring the Government lo crack down on organisalions such as Hizb Ut Tahrir. In a similar vein, members of CAA went into anti-lsrael demonstrations lo record street interviews, lifting the veil on antisemitism within the regular London protests and CeiVIng widespread attention. CAA launched a billboard campaign around London featuring the faces of infants and children taken hostage by Hamas on 7th October as part of a campaign to ensure that the public does not so quickly forget not only those murdered by the lerrorisls bul also those still in their clutches. As part of this campaign, CAA also launched a campaign on digital billboard vans, displaying the faS of children taken hostage by Hamas, a proscribed lerrorisl group. The police decided lo shut down our rented vans forcing us lo adapt and purchase our own van, ensuring that the faces of the hostages cannot be forgotten or suppressed. CAA undertook new polling of the Jewish community in mid-November which revealed star1ng insights into the senb'ments of the Jewish community. CAA recorded a special episode of our podcast with a courageous and principled young sports journalist who quil the BBC in prolesl al its failure to describe Hamas as a lerrorisl organisation. In light of the 7th October atrocity, and the subsequent rise in antisemitism in the UK, CAA hosted special briefings for the community and professional groups on the current situation in the UK. CAA gave evidence al the House of Commons Home Affairs Select Committee on the impact of the weekly anti-lsrael prolesls. Page 5
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Aehievements and performance Icontinuedl b. Factors relevant to achieve objectives The dramatic risè in antisemitism and the subsequent demand for our services post-7th October has demanded that we dramatically increase our output. To this end, the expansion of our staff team during 2023, as well as f8St-Iracked recruitment of additional volunteers has been employed to greally increase the charity's ability lo rise to unprecedented challenges. Our hires have included an in-house legal counsel to work with our nelwork of pro-bono legal experts and external counsel, many of whom are counted amongst the very best in their professional specialisms, at the forefront of the fight against 8ntisemitism. We also expanded our communications team lo increase our output of journalistic quality articles, provide information and research to journ81isls", and manage our social media channels. We further overhauled our education team, appointing a full-lime Outreach and Eduealion Officer to focus our education work, increase student support- especially on c8mpuses- and build on our offerings for teachers. We hired a Development and Engagement Manager to improve our intemal processes and enhance our fundraising. This has helped lo procure additional resources to further our charitable objectives and safeguard the charity s future. c. Fundraising activities and income generation Donations were reIVed throughout the year through d1cl approaches to philanthropists. This efftjrt was supported by online fundraising, with our main fundraising event of the year being 8 erowdfunding appeal in October 2023. Financial review a. Going coneem After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. For this reason, they continue lo adopt the going concern basis in preparing the financial statements. Further details gardIng the adoption of the going concern basis ean be found in the aceounling policies. b. Reserves policy Unrestricted reserves are £3,773,378 at the year end. Due to factors including economic unrtainty, the unpredictable nature of much of the charity's fundraising, the fact that the charity undertakes lilig8tion which could result in adverse cost orders, and the fact that the charity may be qUIred lo react to unforeseen antisemitic incidents such as in the aftermath of the 7th October atrocity, il is the charity's policy to hold reseNes equivalènt to two years, operating costs. Additionally, the charity holds reserves which are eam)arked for planned expansion for which it conducts fundraising. There were no restricted funds during the ye8r. Page 6
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 c. Income Total income during 2023 amounted lo £2,607,43712022". £1,135,202). After deducting total expenditure in the year of £1,227,76312022. £617,217>, there was a net income of £1,379,67412022. £517,985>. d. Principal risks and uncertainties The principal risks of the charity, as identified by the trustees, are outlined below". Financial risks This is the risk that the eharity's fin8nci81 health could begin to deteriorate, and that the eharity would thefore be unable lo deliver ils vital services al the current level. Such a risk could arise through a number of eauses, such as a sudden shortfall in the donations received. The charity has 8 Variety of control measures in place so as lo countefftcl this risk - it regu18rly monitors the adequacy of ils financial returns so that it ean take immediate corrective action whenever required, and it ensures that il receives sound and professional advice when il comes to investment mallers. Governance risks This is the risk that the trustees li.e. those charged with governancel do not have the prerequisite skills or commitment to shepherd the charity effectively. This risk is subslanlially mitigated through the charity's rigorous training and truItment policies, as well as its gUlar review of those policies. Personnel risks This is the risk that the charity lacks the prerequisite staff so as to carry out ils charitable aims, and il would arise from both an inability to relain staff as well as difficulty in the recruitment of new s18ff. This risk has en mitigated through a variety of measures, such as geneml succession planning and the use of notice periods, lo allow the ch8rily adequate time to replace lost staff. Re ulato risk This is the risk that the charity does not comply with relevant laws and regulations, which could result in significant financial and reputational ramifications. The charity recognises the importance of compliance and 8S such has implemented appropriate measures. For instance, the charity has identified the laws and regulations that are levant to a charity of its size and nature, and it h8s alloealed responsibility amongst its staff for compliance with those laws and regulations. It has also implemented procedures for compliance monitoring and reporting, and where appropriate it has obtained compliance reports from gulatOrS. erational risk This is the risk that operational factors will impede the progress of the Charity. Such f8Ctors might indude decline in satisfaction amongst users of the charity's services. The charity has countered the risk of declining satisfaction through senior-level case management, so as lo ensure that the charity's services are avaYS to an appropriate standard. Environmental and extemal risks This is the risk that the success of the charity could be hampered by changes lo ils relationship with the public or its donors. 11 has countered this risk through the employment of dedicated communiealions and community engagement personnel, and by ensuring that il is adequately staffed at all times. Page 7
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 e. Financial risk management objectives and polieies The Iruslees have overall responsibility for the eharity's systems of intemal control that are designed by senior management to ensure effective and efficient operations, including financial reporting, and compliance with laws and regulations. In establishing and reviewing the system of intemal eontrol, the trustees and senior m8n8gemenl have regard lo the materiality of relevant risks, the likelihood of loss being incurred and the Cost of control. A risk assessment report and register of risks are produced and vieWed by the Trustees 8t least annually and key managers and staff have been consulted to ensure that 8118re8s of risk are identified and managed appropriately. The charity is committed to a policy of identifying, monitoring and managing the risks that might adversely affect the 8Ctivities in which it is involved. In this context, risk is defined as the potential for loss, financial and putalional, inherent in the environment in which the charity operates and the transactions undertaken. The Iruslees believe that an appropriate VIeW of risks is currenuy undertaken, with risks being ranked and periodically reviewed, and appropriate action being identified to miligale the risks. f. Principal funding The principal funding sources of the charity are shown in notes 3 and 4 of the accounts. The trustees monitor the charity's 8cb'vib'es 8gainsl its objectives. Structure, govemance and management a. Constitution The charity was registered as a ch8ri18ble incorporated organisation (CIO) on 1 st October 2015. The charity's governing document is its constitution. b. Methods of appointment or election of trustees New trustees are appointed by the existing trustees. Vetting and checks of Iruslees are carried out in line with Charity Commission guidanee. All new trustees te1ve information outlining their leg81 obligations under charity law, a copy of the previous year's annual reFX)rt and 8ccounls, a copy of the charity's constitution and Current information and literature og8rding the charity. Inductions take place with all staff. The board has a positive approach to its own training and development, regularly reviewing skills and neèds. All Iruslees ao encouraged to keep abreast of developments both in charity governance and in current issues. Page 8
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Structure, govemance and management Icontinuedl c. Organisational structure and deeision-making policies The small staff tèam works with an outstanding volunteer tèam of over 3,700 people who have signed up lo contribute their talents to the fight against antisemilism. It is th8nks to its many volunteers that the charity is able lo conduct such far-reaching campaigns and continue to expose and counter antisemitism nationwide. The charity consists of eight teams working closely together". Investigations and enforcement.. Delecls and investigates antisemitic incidents and seeks enforcement action by regulators and the criminal justice system Outreach and education.. Establishes allianS with other groups and educates the public about antisemitism and how lo fight it. While our work is naturally of ImportanTr to Jews, a considerable number of our volunteers are not Jewish, and we are proud lo be recruiting people from across society. Public affairs and research." Builds relationships with governmental bodies, police forces and other organisations involved in the fight against antisemitism in order lo advocate for the stste to adopt a zero- tolerance approach lo antisemilism. Awareness and communication.. Works to raise awareness of antisemitism amongst the British public by building and leveraging an extensive netsvork of senior journalists in mainstream media and conducting social media campaigns. Litigation. Provides expert legal advi and litigates directly against individuals or organisalions expressing or propagating antisemitism and also litigates against the authorities when they fail lo act. Mobilisation. Recruits, trains and coordinates our hundreds of volunteers, empowering them to take effective action against antisemitism and in accordance with our objects, and works to identify and satisfy resource requirements. Organisation and Finan.. Ensures that the charity operates effectively in Complian with the law. Fundraising.. Raises funds in order lo pursue campaigns and increase our capabilities. d. Pay pollcy for key management personnel The pay policy for key management is sel by the charity's remuneration committee. Key management personnel are not on the remuneration committee and do not allend the meetings. The remuneration committee comprises three Iruslees and independent members. The remuneration of key management is reviewed once a year. e. Related party relatlonshlps Campaign Against Antisemitism has no related paty relationships with any other organisations. Page 9
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Plans for future periods Since October 7th, Jews worldwide have faced the most Seve antisemitism seen in decades. But having spent nine years building CAA, as an organisation and as a community, we are ineomparably better placed to fight back. Standin for Jews The charity will build on relationships forged al rallies over 2023, including the March Against Antisemitism, when 105,000 of us British Jews and our allies from across the country assembled to March Ag8inst Antisemitism in what W8S the largest gathering ag8inst anb'semitism in almost a eentury. Furthermore, we will provide p18fforms for Jewish and non-Jewish victims of anlisèmitism, providing a platform to elevate their voices. This all gives a voice to the Jewish eommunily and its allies, maintaining pressure on the authorities and the public to stand with British Jews. Enforcement CAA'S analysis of Home Office statistics showed that an average of over three hale crimes are directed al Jews every single day in England and W81es, with Jews almost four times more likely per capita lo be targets of hale crime than any other faith group. This was the state of antisemib'sm prior to the p8radigm-shifting attack of 7th October, since then antisemitic hate crimes have increased by a further 1,3500A according lo the Metropolitan Police Service, to truly unprecedented levels in this eounlry. Despite our landmark legal successes, with the scale of antisemitic incidents and support for genocid81 antisemitic terror groups the Police and the CPS continue to fail lo prosecute hale crime on the streets and antisemitic incitement online to an adequate level. Government support has not translated into adequate policing and with the continued issues around support for Hamas during public protests, biases in reporting and social media, the Jewish community is in a state of insecurity. We intend to build on our legal successes by bringing more cases and working with the authorities to bring those who exposs or propagate antisemitism lo justice. Incitement with impunity is emboldening anti-Jewish cists on the internet and on our streets, and only zero-lolerance enforcement of the law will deter future expressions of anlisemilism and secure the future of Britain's Jewish community. Media Social media and olitics With the notable rise of antisemilism, the charity will robuslly challenge expressions of antisemib'sm, and the downplaying of antisemib'sm, in traditional and new media. As well as holding major corpoffttions to account, and influencing policy changes, we will also achieve this through publicising incidents, including through protests, and working with technology companies to improve their processes and holding them to account when they fall short. The charity will look lo further build on our successful inveslig8tive film into the 811egalions of antisemitism against Roger Waters, ensuring that the stories of victims are told and that we are exposing and presenting evidence of alleged 8nlisemilism to the world. The charity will also continue to exFX)se, document and highlight antisemitism in political parties, publishing our case files, and endeavouring to ensure that antisemitic political 8clivisls are prosecuted wherever possible. Further and hi her education Antisemitism at universities has escalated signifieanlly since the horrific events of 7th October, following which we have seen open support for the perpetrators of the massacre, including Hamas, 8 proscribed terrorist org8nisation. This is 8 major concern for the charity and the Jewish eommunily. The past belief that, despite some anti-Jewish prejudice and hostile politics, Jewish life thrives on many campuses, no longer reflects ality. Page 10
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Plans for future periods leontinuedl Although well over 500/0 of universities have adopted the Intemalional Definition of Antisemitism, their failure lo curb the growth of antisemitism on campuses is extremely concerning. Where appropriate, we intend to bring legal proceedings lo force universities to defend their Jewish students and staff, and we will continue to offer antisemitism training to any university or campus body. We will develop new ambassador programme for university students, offering them 8 chance lo contribute to CAA'S work and make a tangible difference on their university campus. Jewish schools have, at points, requested that students remove visible signs of their Jewish identity for their own safety. We are engaging with Jewish schools and will Continue lo expand our further education, ensuring that Jewish students are better equipped to address antisemitism after leaving school. The expansion of our educational programming, which started in 2023, will greatly improve Jewish schools, offerings around antisemitism eduealion going forward, developing the next geneotion of Jèwish leaders, acb'visls and CAA amb8SS8dors. Office and staffin The charity will look to better achieve our goals by expanding its staffi'ng. This includes hiring a full-time Pamlegal and Casework Manager (both of which have been recruited since the year endl to supplement our in- house legal Counsel and work with them and our nelwork of pro-bono legal experts and extemal counsel, who are Counted amongst the very best in their professional specialisms, al the forefront of the fight against antisemilism," bringing private prosecutions against anlisemiles and challenging the Crown Prosecution Service when il fails lo prosecute antisemitic hale crime", subjecting inadequate decisions by public bodies lo judici81 view, submitting gUlatOry complaints", bringing defamation eases", and establishing a legal network. This will be supplemented by expanding our communications team, adding experience and specialist skills lo help CAA analyse trends, manage our social media channels and create engaging and relev8nl campaigns lo highlight the issue of antisemitism. With our rapidly%rowing volunteer team and staff. We will look al practlC81 options to expand the capacity of our office space and improve its amenities to attract volunteers to work from our volunteer hub, and better cater lo the needs of our growing staff. Page11
CAMPAIGN AGAINST ANTISEMITISM TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Statement of trustees. responsibilities The Iruslees are responsible for preparing the trustees, report and the financial st8temenls in accordance with applicable law and United Kingdom Aeeounting Standards Iunited Kingdom Generally Accepted Accounting Practice). The 18w applicable lo charities in England and Wales requires the trustees to prepare financial statements for each financial year which give 8 true and fair view of the slate of affairs of the charity and of ils incoming resources and application of resourees, including its ineome and expenditure, for that period. In pparIng these financi81 statements, the trustees are required lo". Select suitable accounting policies and then apply them consistently., Observe the methods and principles of the Charities SORP IFRS 1021., Make judgments and accounting estimates that are reasonable and prudent., Stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements,. and Prepare the financial statements on the going eoneern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial statements comply with the Charities act 2011 and the Charity IAccounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularitie5. Disclosure of infomiation to auditors Each of the persons who are trustees al the time when this trustees, report is approved has Confirmed Ihal.. So far as each trustee is aware, there is no relevant audit inft)rmalion of which the charity's auditors are unaware", and Each trustee has taken all the steps that ought to have been taken as a trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information. Auditors The auditors, BKL Audit LLP, have indicated their willingness lo continue in office. The designated trustees will propose a motion reappointing the auditors at a meeting of the trustees. Approved by order of the members of the board of trustees and signed on". Dale. 2911012024 Page 12
CAMPAIGN AGAINST ANTISEMITISM INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CAMPAIGN AGAINST ANTISEMITISM Opinion We have audited the financial statements of Campaign Against Antisemitism Ilhe 'charity'l for the year ended 31 Dember 2023 which comprise the Statement of Financial Aclivilies, the Balan Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practi}. In our opinion the financi81 statements". give a true and fair view of the stale of the charity's affairs as al 31 December 2023 and of its incoming sources and application of resources for the year then ended", have been properly prepad in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Charities Act 2011. 8asls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going concem for a period of al lesst twelve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in the relevant sections of this report. Page 13
CAMPAIGN AGAINST ANTISEMITISM INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CAMPAIGN AGAINST ANTISEMITISM ICONTINUEDI other information The other information comprises the information included in the Annual Report other than the financial slalements and our Auditors. Report thereon. The Iruslee are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material misstalemenls, we are required to determine whether this gives rise to a material misslatemenl in the financial statements themselves. If, based on the wort< we have performed, we conclude that there is a material misslalement of this other information, we are required to report that fact. We have nothing lo report in this regard. Matters on which are required to report by exception We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the information given in the Trustee's Report is inconsistent in any material respect with the financial slalements., or sufficient accounting records have not been kept,. or the financial statements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require for our audit. Responsibilitigs of trustegs As explained more fully in the Trustees, Responsibilities Statement, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Iruslees determine is e$Sary lo enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going conrn basis of accounting unless the trustees either intend lo liquidate the charity or lo cease operations, or have no realistic alternative bul to do so. Page 14
CAMPAIGN AGAINST ANTISEMITISM INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CAMPAIGN AGAINST ANTISEMITISM ICONTINUEDI Auditors. responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misslalemenl, whether due to fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assuran, bul is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delect a material misstalemenl when il exists. Misstalemenls can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the basis of these financial stalemenls. Irregularities, including fraud, are instances of non-complian with laws and regulations. We design procedures in line with our responsibilities, outlined above, to delecl material misstatements in respect of irregularities, including fraud. The extent lo which our procedures are capable of delecling irregularities, including fraud is detailed below.. Enquiring of management around actual and potential litigation and claims. Reviewing board meeting minutes of meetings of those charged with govemance. Reviewing financial statement disclosures and testing lo supporting documentstion with applicable laws and regulations. Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing accounting estimates for bias Because of the inherent limitstions of an audit, there is a risk that we will not detect all irregularities, including those leading lo a material misslalemenl in the financial stslemenls or non-complian with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial ststemenls, as we will be less likely to become aware of InStanS of non-compliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. As part of an audit in accordance with ISAS IUKI, we exercise professional judgment and maintain professional sptiCIsM throughout the audit. We also.. Identify and assess the risks of material misststemenl of the financial statements, whether due to fraud or error, design and perform audit procedures responsive lo those risks, and obtain audit eviden that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misslatemenl resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of Internal control. Obtain an Ljnderslanding of internal control relevant lo the audit in order lo design audit procedures that are appropriate in the circumstances, but not for the putpose of expressing an opinion of the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustee. Conclude on the appropriateness of the trustee's use of the going COnM basis of accounting and, based on the audit evidence obtained, whether a material UnrtaInty exists related lo events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we onclude that a material uncertainty exists, we are required lo draw attention in our Audilor3' Report lo the related disclosures in the financial statements or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors, Report. However, future events or conditions may cause the charity to cease to continue as a going concern. Page 15
CAMPAIGN AGAINST ANTISEMITISM INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CAMPAIGN AGAINST ANTISEMITISM ICONTINUEDI Evaluate the overall presentation, structure and content of the financial slatemenls, including the disclosures, and whether the financial statements represent the undedying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and liming of the audit and significant audit findings, induding any significant deficiencies in internal control that we identify during our aLJdil. Use of our report This report is made solely to the charity's Iruslees. as a body. in accordance with Part 4 of the Charities IAccounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might stale to the harity's trustees those matters we are required to slate to them in an Auditors, Report and for no other purpose. To the fullest exlenl permitted by law. we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work. fr)r this report, or for the opinions we have formed. BKL Audit LLP 35 Ballards Lane London N3 1XW Dale.. 2911012024 BKL Audit LLP are eligible lo act as auditors in terms of section 1212 of the Companies Act 2006. Page 16
CAMPAIGN AGAINST ANTISEMITISM STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Note Income from: Donations and legacies Charitable activities Income from investments 2,601.501 5.610 326 2,601.501 5.610 326 1, 132.630 2,572 Total income 2,607,437 2,607,437 1, 135.202 Exponditure on: Raising funds Charitsble activities 52.013 1,175.750 52.013 1,175.750 44,201 573,016 Total expenditure 1,227.763 1,227.763 617.217 Net movement In funds 1,379.674 1,379,674 517,985 Reconclllatlon of funds: Tot81 funds brought forward Nel movement in funds 2,393,704 1,379.674 2,393,704 1,379.674 1, 875, 719 517.985 Total funds carrled forward 3,773.378 3,773.378 2,393, 704 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 20 to 33 form part of these financial statements. Page 17
CAMPAIGN AGAINST ANTISEMITISM BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note Fixed assets Tangible assets 12 99,285 42.325 99.285 42.325 Current assets Debtors Cash al bank and in hand 59.376 3,688.665 56,998 2,337,554 3,748.041 2,394,552 Creditors.. amounts falling due within one year 14 173,9481 (43, 173) Net current assets 3.674.093 2,351,379 Total net assets 3.773,378 2,393, 704 Charity funds Unrestricted funds 15 3.773.378 2,393, 704 Total funds 3,773,378 2,393, 704 The financial statements were approved and authorised for issue by the Iruslee and signed on.. Dale: 2911012024 The notes on pages 20 to 33 form part of these financial statements. Page 18
CAMPAIGN AGAINST ANTISEMITISM STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Cash flows from operatlng actlvltles Nel cash used in operating activities 1.436,689 499.875 Cash flows from Investlng actlvltles Purchase of tangible fixed assets other 185,5781 (46. 736) (568) Net cash used in investing activities 85,5781 147.3041 Cash flows from financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 1.351,111 452.571 2,337,554 1, 884,983 Cash and cash equivalents at the end of the year 3,688,665 2,337,554 The notes on pages 20 to 33 form part of these financial statements Page 19
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General information Campaign Against Antisemitism is a Charitable Incorporated Organisation that was registered with the Charity Commission on the 1 st October 2015. Accounting policies 2.1 Basis of preparation of financial ststements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- 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 IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. Campaign Against Anlisemilism meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounb.ng policy. 2.2 Income All income is recognised once the charity has entitlement lo the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advan of entitlement of receipt, Its recognition is deferred and included in creditors as deferred Income. Where entitlement occurs before income is received, the income is accrued. 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. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo 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. ExpenditLJre is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs inVoed in undertaking each activity. Direct costs attributable lo 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 lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incLJrred by the charity lo raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable aclivib.es is incurred on dIreCY undertaking the activities which further the charity's obieclives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Page 20
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies Icontinuedl 2.3 Expenditure {continued) The charity has one main activity being that of campaigning against anlisemitism. 2.4 Tangible fixed assets and depreciation Tangible fixed assets costing £1,000 or more are capilalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into ils intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their eslimaled useful lives, using the slraighl-line method. Depreciation is provided on the following basis.. Leasehold improvements Motor vehicles Fixtures, fittings and equipment Computer equipment 20Q 20Q 20Q 20Q 2.5 Impairment of fixed assets Al each reporting end dale, the charity reviews the carrying amount of ils tangible assets lo 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 exlenl of the impairment loss lif any). 2.6 Debtors Trade and other debtors are recognised at the selllemenl amount after any trade discount offered. Prepayments are valued al the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the dale of acquisition or opening of the deposit or similar account. Page 21
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies Icontinuedl 2.8 Liabilities and provisions Liabilities are recognised when there is an obligation al the Balance Sheet dale as a result of a past event, il is probable that a transfer of economic benefit will be required in selllemenl, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount il has reiVed as advanced payments for the goods or services it musl provide. Provisions are measured al the best estimate of the amounts required to sellle the obligation. Where the effect of the lime value of money is material, the provision is based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Slalement of Financial Activities as a finance cost. 2.9 Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured al their settlement value with the exception of bank loans which are subsequently measured al amortised cost using the effective interest method. 2.10 Pensions The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity lo the fund in respect of the year. 2.11 Fund accounting General funds are unreslricled funds which are available for use al the discretion of the trustee in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes lo the financial statements. Investment income, gains and losses are allocated to the appropriate fvnd. Page 22
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Income from donations and legacies Unrestricted funds 2023 Total funds 2023 Donations Gift aid 2,527,785 73,716 2.527.785 73.716 2,601,501 2,601.501 A vast amount of lime, the value of which is impossible to reflect in these financial statements, is donated by volunteers. We would not have been able to achieve what we have done wilhoul their tremendous efforts. Unrestrictgd funds 2022 Total funds 2022 Donations 1,086, 125 46, 505 1,086,125 46.505 Gift aid 1.132,630 1, 132.630 Income from charitable aetivities Unrestricted funds 2023 Tot81 funds 2023 Sale of merchandise 5,610 5.610 Unrestricted funds 2022 Total funds 2022 Sale of merchandise 2,572 2.512 Page 23
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Income from investments Unreslricled funds 2023 Total funds 2023 Total funds 2022 Interest received 326 326 Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2023 Total funds 2023 Advertising Campaign fees 19,207 32,806 19.207 32,806 52,013 52.013 Unrestrictgd funds 2022 Total funds 2022 Advertising Campaign fees 35,359 8, 842 35,359 8.842 44,201 44,201 Page 24
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2023 Total 2023 Campaigning against antisemitism 1,175,750 1,175.750 Restricted Unrestricted funds funds 2022 2022 Total 2022 Campaigning against antisemitism 58,457 514,559 573.016 Analysis of expenditure by activities Acb"vilies undertaken direcuy 2023 Support costs 2023 Total funds 2023 Campaigning against antisemitism 1,006,829 168,921 1.175.750 Activities undertaken directly 2022 Support sts 2022 Total funds 2022 Campaigning against antisemitism 449, 114 123, 902 573,016 Page 25
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure by activities Icontinuedl Analysis of direct costs Campaigning against anlisemilism 2023 Total funds 2023 Staff costs Travel 391,816 34,925 330 229,107 238,806 111,845 391,816 34,925 330 229.107 238,806 111,845 Staff training Professional fees Advertising Event costs and other direct expenses 1,006,829 1.006.829 Campawning against antisemitism 2022 Tot81 funds 2022 Staff costs Travel Staff training Professional fees 373.776 12,193 389 62, 758 373, 776 12, 193 389 62, 756 449, 114 449,174 Page 26
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure by activities Icontinuedl Analysis of support costs Campaigning against anlisemilism 2023 Total funds 2023 Depreciation Rent and rates 28,617 61,296 65,878 13,130 28,617 61,296 65,878 13.130 General offiTr expenses Auditors, remuneration 168,921 168,921 Governance costs are comprised entirely of the audit fee for the year. Carnpaigning against antisemitism 2022 Total funds 2022 Depreciation Rent and rates General office expenses Auditors, remuneration Accountancy Repairs and maintenance 12. 149 54,463 41.797 71,100 1,074 3,319 12, 149 54,463 41,797 17,100 1,074 3,319 123,902 123,902 Governance costs are comprised ents'rely of the audit fee for the year. Audltors. remuneratlon 2023 2022 Fees payable lo the Charitys auditor for the audit and preparation of the Charity's annual accounts 13,130 11,100 Page 27
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 10. Staff costs 2023 2022 Wages and salaries Social security costs Contribution lo defined contribution pension schemes 353,760 35,311 2,745 337.004 34.248 2,524 391,816 373,776 The average number of persons employed by the charity during the year was as follows.. 2023 No. 2022 No. Employees The number of employees whose employee benefits {excluding employer pension costs) exceeded £60,000 was.. 2023 No. 2022 No. In the band £100,001 - £110,000 In the band £170,001- £180,000 11. Trustees. remuneration and expenses During the year, no Iruslees received any remuneration or other benefits (2022 - £80, 750).In the prior year, one of the trustees received salary payments amounting lo £80,750 as aulhorised by the Charity Commission. The charity has an exemption from disclosing the names of its Iruslees. During the year ended 31 December 2023, expenses tolalling £2,775 were reimbursed or paid directly to 2 Iruslees (2022 - £1,087 to 2 Irusle8sJ. These expenses related to travel and other payments to suppliers. Page 28
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. Tangible fixed assets Leasehold improveme nts Fixtures, Motor fittings and Computer vehicles equipment equipment Total Cost or valuation At 1 January 2023 Additions 32,250 9,440 20,359 9,978 62,049 85,578 75.600 At 31 December 2023 32.250 75.600 9.440 30,337 147.627 Depreciation At 1 January 2023 Charge for the year 6,450 6,450 2.329 1,447 10,945 5,601 19,724 28,618 15,120 At 31 December 2023 12,900 15.120 3.776 16,546 48,342 Net book value At 31 December 2023 19,350 60,480 5,664 13,791 99,285 At 31 Detser 2022 25,800 7,117 9,414 42,325 13. Debtors 2023 2022 Due within ong ygar other debtors Prepayments and accrued income Gift aid recoverable 11,385 13,998 33,993 11.250 14,974 30,714 59,376 56.998 Page 29
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 14. Creditors: Amounts falling due within one year 2023 2022 Trade creditors other laxalion and social security Other creditors Accruals and deferred income 9,088 37,008 909 26,943 306 710 42,157 73,948 43,173 15. Statement of funds statement of funds - current year Balance at 31 December 2023 Balance at 1 January 2023 Income Expenditure Unrestricted funds General Funds - all funds 2,393.704 2.607.437 (1.227,7631 3,773.378 Page 30
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 15. Statement of funds (continued) statement of funds - prior year Balance at 31 December 2022 Balance al 1 January 2022 Incon7e Expenditure Unrestricted funds General Funds - all funds 1, 817,262 1,135,202 (558, 760) 2,393, 704 Restrlcted funds Restricted Funds- all funds 58.457 f58,457) Total of funds 1, 875, 719 1,135,202 (617,217) 2,393, 704 The restricted fund in 2022 was reserved entirely for the payment of the salary of one of the trustees. 16. Summary offunds Summary offunds - current year Balance at 31 December 2023 Balance at 1 January 2023 Income Expendlture General funds 2,393.704 2.607.437 11.227.763) 3,773.378 Summary of funds - prior year Balance 8t 31 December 2022 Ba18nce at l J8nu8ry 2022 Income Expenditure General funds Reslricled funds 1, 817,262 58,457 1,135,202 (558, 760) (58,457) 2,393, 704 1, 875. 719 1. 135,202 (617.217) 2,393. 704 Page 31
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 17. Analysis of net assets between funds Analysis of net assets between funds - current year Unreslricled funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year 99,285 3,748,041 173,9481 99.285 3,748.041 173,9481 Total 3,773,378 3.773.378 Anatysls of net assets between funds - prlor year Unrestricted funds 2022 Total funds 2022 Tangible fixed assets Current assets Creditors due within one year 42,325 2.394, 552 (43, 173) 42,325 2,394.552 (43, 173) Total 2,393, 704 2,393, 704 18. Reconciliation of net movement in fvnds to net cash flow from operating activities 2023 2022 Nel income for the year las per Statement of Financial Acliviliesl 1,379,674 517,985 Adjustments for: Depreciation charges Increase in debtors 28,617 12,3771 30,775 12.749 (4,850) (25,409) Increaselldecreasel in creditors Net cash provided by operating activities 1.436,689 499.875 Page 32
CAMPAIGN AGAINST ANTISEMITISM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 19. Analysis of cash and cash equivalents 2023 2022 Cash in h8nd 3,688,665 2,337,554 Total cash and cash equivalents 3.688,665 2,337.554 20. Analysis of changes in net debt At31 December 2023 Al 1 January 2023 Cash flows Cash al bank and in hand 2.337.554 1.351.111 3.688.665 2,337,554 1,351,111 3,688.665 21. Operating lease commitments At 31 December 2023 the charity had commitments lo make future minimum lease payments under non- CanlIable operating leases as follows.. 2023 2022 Within one year Between 1 to S years1£40,800 x 1.51 40,800 61,200 10,200 102,000 10.200 A deposit of £10,200 was paid in respect of this lease, recognised within debtors. 22. Related party transactions During the year, there have been no other related paty transactions other than those disclosed in note 11. In the prior year the Chief Executive made a donation of £10,000 to the charity. Page 33