REGISTERED CHARITY NUMBER: 1163876
Report of the Trustees
Unludlted FinllDcAal Stitements for the Year Ended 30 April 2024
for
Brain Circle UK
Grnttt Harrod LcrtDan Davis LLP
Chartered Accountants
1st Floor
H¢althLid House
Marlborough Hill
Harrow
Middl&sex
HAI IUD

Brain Circle UK
Contents of th¢ Financial Statements
for the year eTr(kd 30 Aprll 2024
Page
Report of the Trustee5
I to 2
Independent Examlner's Report
Statement of FlnantlAI Aetivhies
Ba13nce Shett
C95h Vlow Statement
Notes to the Cash Flow Statement
Not&* to the FlnAnci41 Statements
8 to 11

Brain Circle UK
Report of the Trustees
for the yeAr ended 30 April 2024
The truste¢s preqent thetr report with the finan¢ial statemenls tsf the ¢harity for the year ended 30 April 2024. Th¢
t￿￿tee5 have adopt¢d the provision5 of Accounting and R¢porting by Charities.. St8tement of Retommettded Prd¢ti¢¢
applicable to charirie5 preparing Iheit accounts in ace<)rdanGe with the Financial Reporting Stond8rd applicable in the
Lry< and Republic of Ireland (FRS 102) (effectiv¢ l January 20191.
OBJEcfivES AND AcfiviTIES
Objectives aiJn5
To advan¥¢ ediication for the publi¢ btncfit in brdin sciertces in patti¢ular by..
PToviding financial and material assistsnce end support to 9￿d for the ¢8rryin8 on of th¢ brain and n¢uros¢i¢n¢¢
re4earch at the Edmot)d and l.ily Safra Centre for Brain S¢i¢nc¢5 at the Hebrew University of Jerusalem (ELSC)
{including fa¢iliiies, quipment for s￿dentS and scientists engag¢d in sueh researrh and also the provIsion of
scholarships for sttjdentsl and at any non-profit making educational institution of academic standing with which ihe
ELSC sha]1 at any time be attLalgamated or as50ciat¢d and al any oth¢r such institution anywhere in the world.. and
(21 developing s¢ieniific collaboration be(w¢¢n ELSC and other scientifi¢ iEtstitutions in Britain or ¢lscwher¢ in ihe
wurld condu¢ting brain and tLeur05Gi¢nce research.
Public beuefit
The principal asm5 of the Brain Circle UK are to undertake and promote. for th¢ publac benefit. res¢ar¢h iiito the
devclopmcnt ol th¢ neurosciences at th¢ Edmond & Lily Safra C¢ntr¢ for brain Sciences &1 th¢ Hebrew Univcnity of
Jcrns8lem.
ACHIEVEMENT AND PERFORMANCE
Fundraislng xttivities
Brain Circle UK organise atmual fundraising dinners and galas to 5UPPOrt PhD students ai ELSC. Thes¢ evenings
illvolve speakers from ELSC and rDt¢r(ainment. In 2022. Brain Clrcle UK were the hosts of a travelling Europ¢&n
Conference on Ihc ￿piC of Emotions. Following the c4)nferen¢e. BCUK organised a ￿ndraising dinner at the Royal
Academy of Art for 200 guc5ts. Prof Adi Mizrahi from El,SC. was thc principa] speaker.
FirriiRE PLANS
Wc aim to achieve more ¢oll&bor&tions with UK insti￿tiOnS such a5 Gatsby program IPart of the Sainbury fOu[￿atiOn
and our partncr in UK). We ￿$0 wish to go on fundraising for the Neurosciences PhD Pmgram and furLd5 in g¢n¢rdl for
ELSC 26 lalK)ratori¢s.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Gvv¢rning document
The charity is controll¢d by its governing do¢um¢nL a deed of trnst and constitutes a Charitsble Incorporated
Organisation.
REFERENCE AND ADMINisfiL4TIVE DETAILS
Registered Charity number
1163876
Prlneipal Addre58
213 Albany Street
London
NW14AB
TTUSt¢e$
D Rothenberg
M Salem
Pag¢ I

Brain Cirele UK
Report of ¢he Trustees
for th* year ended 30 April 2024
REFERENCE AND ADMINISTRATIVE DETAILS
IndependeTht Examiner
Grant klarrod Lerman Daw5 LLP
Charrcrcd A¢¢ounlanis
IstFloor
Healthaid House
Marlborough Hill
Harrow
Middle5CX
HAI IUD
Apptvved by order of the knard of tn￿te¢S on
and signcd on its behalf by..
M Sal¢m- Truste
Page 2

Ind¢pendeTht Examiner's Report to th¢ Trnsteej of
Br4in Circle UK
INd¢p¢ndeDt examiNer'5 report to the trustee5 of Brsin Cirele UK
I r¢port to the chariiy trustees on my examination of the accounts of Brairt Circle UK (the TTU5tI for th¢ year eiided
30 April 2024.
Responsibilities 2nd ba$is of rtport
As the Charity t￿￿tte5 of the Trust you are resPOtLsible for th¢ preparation of lh¢ a¢counts in aG¢ordan¢¢ the
requiremcnts of th¢ Clthrities A¢t 2Q I l ('th¢ Act.).
I report in respect of my examination of the Tru5t'5 a¢counts ¢arried out under Section 145 of the Act and Én carrying out
my examination I hav¢ followed all applicabl¢ Directions given by the Charity Cotnmission under Section 145{5)(b) of
the Act.
IndepeDdertt examiner'5 Statement
I have complet¢d my examination. I confimi that no ma¢¢rial matters have come to my an¢niion in conn￿tioN With th¢
cxaminaiion giving me cause to bEliev¢ that in any tll8t¢rial respect..
a¢¢ounting reeords w¢r¢ not kept in rcspcrt of the Trust as rcquired by Section 130 of the A¢t' or
the accounts do not accord with those records,. or
the accounts do not ¢omply with the applieable requiremcnts Cortceming the forn] and c4)nt¢nt of accounts set out
in the Charitics (Accounts and R¢ports} Rcgulations 2008 other than any r¢quir¢ment that the acCol￿t$ 8ive a
true and fair view which is not a matter considered as part of an indep¢nd¢Tht ex￿n]naTIoN.
I have no concerns and have com¢ across no other matters in ¢onncctiov with the examination to which attention should
be drawn in this report in order to enabl¢ a proper understanding of thc accounts to be reached.
J¢remy Harrod FCCA
Grant HarrDd Lcrman DavL5 LLP
Chartered Accountants
l%t Floor
Healrhaid House
Marlborough Hill
Hamw
Middlesex
HAI IUD
Date.. .,
s.. | 11.t.ZD.24
Page 3

BraiM Circle UK
Stgtement of Vinanci81 Attivities
for the year ended 30 April 2024
2024
UnTC5trieted
ttd
2023
Total
fund5
Notes
INCOME AND ENDOWMENTS FROM
Donatiolls and l¢ga¢i¢s
51,245
418.736
EXPENDITURb ON
Rwsing ￿ndS
1.560
1,560
Ch*rlt4bl¢ 4ctivitie5
Charitable activities
102.584
386,753
Total
104.144
388,313
NET JNCOMEI(EXPENDITURE)
(52,899)
30,423
RECONCILIATION OF FUP4DS
Total funds brought forward
210,734
180,311
TOTAL FUNDS CARRIED FORWARD
157,835
210,734
Th¢ note5 form part ofthese financial statements
Pag¢ 4

Brsin Circle UK
Balanee Sheet
30 Aprll 2024
2024
UnrrstrKCted
nd
2023
Total
funds
Notes
CURRbNf A&SETS
Caih at bank
159.395
210.734
CREDITORS
Amounts falling due within year
{1,560}
NET CURREP4T ASSETS
157,835
210,734
TOTAL ASSETS LESS CURRENI.
LIABILITIES
157.835
210.734
NEf ASSETS
157.835
210,734
FUNDS
Unrestricted funds
10
157,835
210.734
TOTAL FUNDS
157,835
210,734
The flnancial statements were approved by the Board of Tru5tee5 and authorised for issue
on
..f.l.i.ILVAZ L
and were sisned on its behalf by..
M Salem- Trustee
The ntstcs fomi part of these financial statements
Page 5

Hrain Circle UK
Cash Flow Statement
for the yellr ended 30 April 2024
2024
2023
Ntstcs
Cash flows frnm operating gttivities
C&%h gencrated from operaiiotts
(51.339)
28,863
N¢t cash (used ir])Iprowded by opernting ac4iviii¢s
(5l.339)
28,863
Change in u$h and c85h equivalents I
the reptsrtlng perlod
Cash #nd LAsh equivalents at th¢
beg5nalng of the r¢portiDg period
{51.339)
28.863
210,734
181,871
C4$h athd cash equlvxlents gt tbe end of
the reporting period
159.395
210,734
Th¢ notes forn) part of rhese financial statements
Page 6

Briin Cirde UK
Notes to the C95h Flow Statement
for the ythr ettd¢d 30 April 2024
RECONCILIATION OF NET (EXPENDTfuRE)IINCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2024
2Q23
Net {expenditureyincome for the reporting perlod (as per th¢
Statement of Fin*thci*l Activities)
Adjusiments for:
Incre&se1(decre￿} in creditors
{52,899)
30,423
I,S60
11,560)
'¢1 c4$h {used inyprovlded by oper&tknn$
(51,3391
28,863
ANALYSIS OF CHANGES IN NET FUTr4DS
At 1.5.23
Cash flow
AI 30.4.24
Net eash
C￿h ot bank
210.734
{51,3391
159,395
210,734
(51.3391
159,395
TDlg1
210,734
(51,3391
159,395
The notes forni part of these financial statements
Pag¢ 7

Brain Cirde UK
Notes to the Vinanelal Siatements
for the year ended 30 April 2024
ACCOUNTING POLICIES
Basis of prcp*ring the financial state￿ents
Th¢ financial Statements of the Charity, which 15 a public benefit rlltity under FRS 102, have beeu prepared in
¢ordan¢¢ with the Charities SORP IFRS 1021 'A￿ounting and Reporting by Chaniits.. Statement of
R¢commend¢d PTaclic¢ applicable to eharitrc5 preparing their 3ccounts in accordanc¢ with the Finattctal
Reporting Standard applicable in thc UK 2nd Rcpublic of Ireland (FRS 102} (effe¢tive l January 2019),,
Financial Reporting Standord 102 '1Tht Financial Reportittg Standard applicable in the UK and Republic of
Ir¢land' and the Chgrities A¢t 2011. The finan¢ia] statements have been prepared under the histori￿[ ¢ost
collvention.
Income
All income is r¢cO￿l$ed in the Statcmcnt uf Financial Aciivities on¢¢ th¢ charity has entitlement ￿ the funds, il
is probable that the incom¢ will b¢ received and the amount can be measur¢d r¢liably.
Expenditure
Liabilities are recognised as expelldilure as soon ss there is a legal or ￿n$t￿Ctive obligation conmitting the
charity to that 2xpelldiittre, it is probable that a transfer of ￿0￿0￿1¢ benefits will be requircd in s¢ttl¢m¢nt and
the amoiint of the obligatiott ¢an be Ineasured reliably. Expenditure is a￿Ourtt¢d for on an accrua15 basi5 and has
been ¢lassified und¢r headings that aggregare kll cost related io ihe catsgory. Where costs banno( be di￿1[Y
attributcd to particular headings th¢y have be¢n allocated lo activi(ies on a basis consistent with the use of
resources.
Grants off¢r¢d subject to conditions which have noi been mrt at th¢ y¢ar end date are noted as 3 ¢4)mmitm¢nt bv¢
not accrued as expenditurr.
Taxation
The charity is ¢x¢mpt from tax on its charitable activÉties.
Fund Accounting
u[￿¢StriCted funds ¢an be used in ￿cOrdance with thc charitable objectives at th¢ discretion of the irustees.
Restricted funds can only b¢ used for particular restricted purposes within ih¢ objects of the charity. R¢stri¢tions
aris¢ when sp¢cifJ¢d by the donor or funds are raised for particular rcstrictcd PUTPOS¢S.
Further explanation of the naturc and purpos¢ of ¢a¢h fund is included in the not¢s to the fina]Kial statements.
DONATIONS AND I.F.GACIES
2024
2023
Donations and gaia tickets
51.245
418,736
Page 8
continucd...

BraiD Cirrle UK
r4ote$ to the Financial StsteTnents- continued
for the year ended JO April 2024
RAISING FUNDS
Raising donations •nd ItEAcies
2024
2023
Support costs
1.560
1,560
CHARITABLE ACTIVITIES cosrs
ftinding of
actLVItics
(Sec note
DirKt
Costs
5)
Tota]s
Charitable aelivities
2,458
100,126
102,584
GRANTS PAYABLE
2024
2023
Charitable a¢tiviiies
100,126
325,216
SUPPORT COSTS
Governance
osrs
Ratsill6¥ donations and legacies
1.560
TRusfEES' REMUNERATION AND BENEFITS
The￿ wcre no trustees, remuneruion or other bencfits for the year ended 30 ApTiI 2024 tlor foT th¢ year ¢nd¢d
30 April 2023.
Tru$tees' expenses
Th¢rc wcre no trustees. ¢xpense5 paid for the ye*r cnded 30 April 2024 nor for the year end¢d 30 April 2023.
COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTivrrILs
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
418,736
EXPENDrruRK ON
Raising funds
1.560
Chirttsble gCtivi¢le$
Charitable aGDvitJe5
386,753
Tc•141
388,313
NET INCOMK
30.423
Page 9
continued...

Brgin Circk UK
Notts to the Fin8ttdal Statem¢nts- continued
for the year ended 30 April 2024
COMPARATIVES FOR THE sfATEMENf OF FINANCIAL ACTIVITIES- ¢oDtinu¢d
Unrestricted
fund
RECONCILIATION OF FUNDS
Total funds brought forward
180.311
TOTAL Fuf4DS CARRIED FORWARD
210,734
CREDITORS: AMOUN15 FALLIIYG DUK WITHIN ONE YEAR
2024
2023
Other creditors
1.560
io.
MOVEMENf IN FUIYDS
Net
movement
in ￿Thds
At
30.4.24
At 1.5.23
Unrestricted (￿￿d5
Gtrteral fund
210,734
152,899)
157,835
TOTAL FUNDS
210,734
{52,899)
IS7,835
Net mov¢ment in fi]nds. included in th¢ above are As follows..
Incoming
resources
Re50iirces
expendcd
Movement
in funds
Unrestricted funds
General fund
51,245
{104.1441
(52,899)
TOTAL FUNDS
51.245
{104, 1441
(52,899)
Comp4rAtives for movem¢tst In thnds
Net
movemcnt
in funds
At
30.4.23
At 1.5.22
Unr¢stricted fvnds
General fvnd
180,311
30,423
210,734
TOTAL FUNDS
180JII
30,423
210,734
Page 10
continued...

Br%iR Circle UK
Notes to the Financial StaterNrnts- cootinued
for the year ended 30 April 2024
io.
MOVEMF.NT IN FUNDS- corttinutd
Comparative net movement in fi]nd5, included in the above are as follows:
tncoming
resources
R¢souTces
expended
Movememt
in fund5
Unrestricted funds
Gelleral fund
418.736
1388,313)
JO,423
TOTAL FUNDS
418,736
(388,3131
30.423
A current y¢aT 12 months and prior y¢ar 12 months combin¢d position is as follows..
Net
movernent
sn funds
At
30.4.24
At 1.5.22
Unrestricted fund5
General fi￿d
180,311
(22,4761
157,835
TOTAL FUNDS
180.311
(22,4761
157,8.15
A current year 12 months aJyJ prior year 12 months combined net movement in fimds, included in the abov¢ ar¢
&8 follows..
TncoTning
r¢sour¢es
R¢soiirce5
expended
Movement
in fvnds
Unrestricted funds
Gen¢ral fund
469.981
(492,457)
(22,476)
TOTAL FUL¥DS
469,981
(492,457)
122.476)
RELATED PARTY DISCLOSURES
There were no relar¢d paty transactions for th¢ year ended 30 April 2024.
Page 11