Reglstered number. 10237098
Charlty numb8r: 1169323
THE DEBRA REISS FOUNDATION
{A Company Limited by Guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021

THE DEBRA REISS FOUNDATION
IA Company Limited by Guarantee)
CONTENTS
Pag8
Rofgrence and Admlnlstratlve Dètails of the Cornpany> rts Trust99s and Adylsers
Trustees, Report
Independent Audltors. Report on the Flnanclal Statements
7-10
Stat8ment of Financial Actlvltle8
11
Balance Sheet
12
Notes to the Financlal Stataments
13-20

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guaranleel
REFERENCE AND ADMINISTRATIVE D￿￿Ls OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 JUNE 2021
Trusteeg
D. A. R&ss
R. J. Rei8S
D. R. Reiss
Company reglstsred numbor
10237598
Charlty reglstsred number
1169323
Registor8d offlce
First Floor, White Lion House. 64a Highgate HKJh Str& London, N6 5HX
Independont audltors
Wilder c￿ Ltd, 1st Floor Sackville House. 14&149 Fenchurch Str￿l LoThJon. EC3M 6BL
Pag8 1

THE DEBRA REISS FOUNDATION
{A Company Limited by Guarantsg)
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 JUNE 2021
Thé Trustees present th*r annual report together with the audited ftnancial statements of the Company for t
year 1 July 2020 to 30 June 2021. The Annual Report serv8S the purposes of both a Truste8s' report and a
directors. report under company law. The Trustees confim that the Annual Report and financial slalements of
thè Ghaiilable company comply wrfch the current slatirtory requirements. the requirements of the charitable
company's goveming document and the promsions of the Slatemenl of Recommended Pr￿lee ISORPI
applicable to charitEs preparing their accounts in ￿CordanCe wtih t1￿ Finanaal Reporting Standard applicable in
the UK and Republic of Ireland IFRS1021 (effective 1 January 2019}.
Since Company qualtfies as small under section 382 of the Companies Act 2006, the Strategic Rep¢)rt
required of mediurn and large companies urmler the Companies Act 20r￿ (strategic R@port and DirectOTS'
Report} Regulakn'ons 2013 has been omitted.
Objectlves and actlvllles
a. POLICIES AND OWECTNES
The prin¢ipal objedNes of the chanty as et out in thè goveming d￿Ument are..
To assist in suth ways as the chanty thinks frt any charrty those aims include advancing education of
persons in the UK or worfthw'de by deveEoping their indi￿ld￿31 capabilities, comp8tences. skills and
understanding in subjects of educational value or in dèveloping their mental, physi￿1 and moral eapabililies
thiouyh leisure time ath"vities.
To relieve pov8rty or financial hardship in the UK or Worfth￿de ty providing grants, rtems and servic@s to
individuals in need an(Vor tharitie5 or ¢)ther organisations wothing to rdieve poverty.
To develop the ¢xpabilty and skills of s(Kialty disadvantaged communtties in the UK in such a way that Ih8y
are better able lo identrfy and help meet their needs and to participate more fully in society by the support of
and prowding grants and donations to charitios whose objectives include these aim8.
To promote public healih in the UK and worldwwje for the benefrt of the public by provpjing assistance an
grants lo other charities arKI organisations working in the fidd of medical research and advancernenl., and
To promote humane behaviour towards animals by assisting or providing donations or grants lo charity or
organisalion I￿1¢h is providing donations or grants lo any Charty or organisation which is providing
appropriat& ¢ar8, prot8Ction, treatment and security or animals which are in need of care and 8tt@nlion by
reason of sickness, maltreatment, poor circumstances or ill usage and to educate the public in matters
pertaining to animal welfare and the prevention of crudty and suffering S[￿ng animals.
b. PUBUC BENEFIT
The Trustees confirm that they have, in the administratr)n of the chartty, paid due regard to the public benefit
guKl8nce published by the Charity Commission under ￿tion 4 of the Charities Act 2011.
Page 2

THE DEBRA REISS FOUNDATION
{A Company Umited by Guarantsg)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2021
Achlevements and performance
a. REVIEW OF ACTIVITIES
Historic (knnations and subsequent income receNed was invested auoss 4 investment funds during 2Q21.
There are 3 investment funds in place at the year end. In addition. funds have ￿en invested into brKlging loan
facilibes of which there are 2 in place at the year ervj.
Donations lo other chariti8s lotalkl £15,559 {2iY20.. £70,345). It is expeded that further donations will be mad8 in
2021 for the furtherance of the chartils objectives.
b. INVESTMENT POUCY AND PERFORMANCE
The Trustees have considered the cptions available and have d&ided lo invest the fijnds they have received by
way of donations in commercial common inv8Stm8nt funds as wdl as other funding solutKsns to obtain long term
retum on investments.
Financial revi8w
a. GOING CONCERN
After making appropriate enquiri88, the Trusle8s have a reasonable 8xpectation that th8 company has adequate
resources to continue in cyerakn'onal existence for Iho foreseeable fLrture. For this reason they continue to adopt
the going concem basis in preparing the financial statements. Further details regarding the adoption of th8 going
concern basis can be found in the accounliThJ policEs.
b. RESERVES POUCY
The current reserve policy is to prOt￿t the c¢Jnpan¥s charitable property. including the investments held and lo
seek to ensure the s￿VencY of the company. The Trustees continue to follow a resèrves policy which refiects the
precise risks and olheT circumstances of the time.
The totsl funds held al the year end aFe £7.484,589 (2ff20." £6.604,4251. All ftjnds are unrestricted.
c. PRINCIPAL FUNDING
The principal fijnding gf the company has the investment income re￿Ned on funds arising from donations made
in earlier periods. It is intended that these funds shoukl assist wlh the charitable purpose of the charity for a
number of years.
d. MATERIAL INVESTMENTS POLICY
The material investments of the company are its investments in various share portfoli95. The policies relating
thereto and their perfom)an¢e is dealt ￿th in the aw)unting policies and notes to the ￿lUntS.
PaJe 3

THE DEBIIA REISS FOUNDATION
{A Company Limited by Guarnnteel
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2021
structurep govemance and management
. CONSTITUTION
The cornpany is wislered as a charitabl8 company limited by guaranlee and was set up by a Memorandum of
AssociatKJn on 17 June 2016.
The compan￿5 charitabl8 number is 1169323 an(J its regislered company nurnber is 10237698. The company18
registered at the following addr6ss'.
First Floor
While Lion House
$4a HigI￿ale High Street
London
N6 5HX
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the company is the responsibility of the Trustses who are eknted and ca>opled under the
temis of the Articles of Association.
Trustees are appointed at the dÉscretion of the acting trustees at the Annual Genèral Meètlng.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
There is no sel policy in pl￿ for the irKJucti)n and training of new trustees and this is arrang8d as requirpAI.
d. PAY POLICY FOR SENIOR STAFF
All directors, who are also tNstees of the charity, give their time arKI no dIr￿tOr received remuneration in
the year.
e. ORGANISATFONAL STRUCTURE AND DECISION MAKING
The board of Trustees wrfch a minimum of￿0 rnembers. administer the charity.
The Tnjstees served during the year were as follows:
D. A. Reiss
R. J. Reiss
D. A. R&ss
The companls auditors are Wikler Coe Ltd, Chartered Accountsnts & Statutory AuditorB, 1st Floor SaGkville
House, 14>149 Fenchurch Street. London, EC3M 6BL.
f. RISK MANAGEMEKr
The Trugtees have assessed the major risks lo which the company is exposed, in partlcular th08e retaled to the
operations and finances of the company, and are satisf￿d th81 systems and procedure5 are in place lo miligale
exposure to the major risks.
Page 4

ThE DEBRA REISS FOUNDATION
(A Company Limited by Guarantse)
TRUSTEES. REpoKf {CONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2021
Plans for future perlods
. FUTURE DEvELOPmE￿rS
The charty plans to continue sUPPOrting the ¢)bjectNes outlined above in the forthcoming years subject lo
8atisfactory funding arrangem￿ls_
TRUSTEES, RESPONSIBILITIES STATEMENT
Tha Trust88s (who ar8 also the diredors of th8 Company for the purposes of company18wI are r&sponsible for
preparing the Trustees, Report and the financk81 slatements in accordance wilh applicable law and United
Kingdom A￿UntIng St8ndards {United Kingdom GeneraltyAccepted Acwunting practi￿).
Company law requires the Trustees lo p￿pare financAal slalemenls for each financial year. Under company law,
the Trustees must not approve the financial statements unkss they are satisfied that they gwe a true and fair
Vi8w of th8 slate of affairs of th8 Company and of ts incoming resou￿8 and application of resourc8s, including
ils income and expenditure, for that p￿icKl. In preparing these financial statements. the Tnjslees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and princip￿$ ofthe Charilw SORP {FRS 102).,
make judgments and accounting estimates Ihat are reasonab￿ and prudent.
slate whether 8ppIic8ble UK Accounting Standards (FRS 102) have been followed. subjeca to any material
departures disclosed and explained in the financial statements-
prepare the financial ststements on the going concem basis unless il is inappropriate to presume that the
Company will continue in business.
The Trustees are responsible lor keeping ajequate ￿nUnting records that are sijfficienl to show and explain
the COrnpan￿8 l¥ansactions and disdose with ￿asOn0bk accuracy al any time the financial position of the
Company and enable them lo ensure that the financial statements comply wlh the Companies Act 2006. They
are also responsible for safeguarding the assets of the CLYnpany and hence for takiryd reasonable slep8 for the
prevention ar￿ detsction of fraud and othei ittegularitses.
DISCLOSURE OF INFORMATION TO AUDITORS
Each of the pwsons who 8re Trustees at the lime when this TnJstee5' Report is approved has Conffir￿d that..
so far as that Trustee is aware, there is no relevant aud5t inf0m￿tIOn of which the charitys auditors are
unaware, 8nd
that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of
any relevant audit infomiation and lo establish that the charws audf(ors are aware of that infomi8tion.
Pwde 5

THE DEBRA REISS FOUNDATION
IA Company Limit8d by Guaranle8
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 30 JUNE 2021
AUDITORS
The auditors, Wilder Coe Ltd, have indvted Iheir wllingness to continuè in offits. The Designated Trustees will
prowse a motion wppoinling the auditors al a meets'ng ofthe Trustees.
In preparing this report. the Ttuslees have taken thantsge of the small companies exemptions provided by
sedion 415A of the Companies Act 20C6.
2..8..-0.4.- 2o£L
This report was approved by Ihe Trustees, on ..
and signed on their behalf by.
Trustee
Page 6

THE DEBFiA REISS FOUNDATION
(A Company Llmit8d by Guarant801
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
OPINION
We have audfced the financial statements of The Debra Reiss Foundation {the'charitable company'l for the year
endèd 30 June 2021 which comprise the Statement of Financwl Activitias, the BaL4nca Sh8818nd the related
notes. including a summary of s￿nIfICant accounting policks. The financial reporting framework that has been
appli9d in their preparation is applicable law and Unrted Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Fin8nci85 Reporting Standard applicable in the UK and Republic of Irela￿, Iunited
lfjngdom Generally Accepted Accounting Practic8}.
In our opinion the financial statements=
gwe a true and fair vitrw of the slate of the charrtable ccmpan¥s affairs as al 30 June 2021 and of its
incoming resources and application of resources. induding rts income and expenditure for the year then
ended;
have been property prepared in ￿1rdance wth United King(*)m Gener81ty A￿pted Accounting
Practi￿., and
have been p￿pared in accordance with the Nuirem￿lS of the Charitiès Act 2011.
BASIS FOR OPINION
We conducted our auéit in attOrdan￿ WTth International Standards on Auditing (UK) IISAS (UlQl and applic3ble
law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit
of the financial slalements section of our report. We are independent of the charitable company in accordan
with the 91hical reqU1￿MentS that are relevant lo our audrt of the financAI statements in the United Kingdrxn,
including the Financial RekK)rting C(yJncil's Ethi¢01 Stsndard, and we have fulfilled our olhor ethical
responsibilities in accordan￿ wlh these requiram&nls. We bèli8V& that the audr( evidence w8 have (l)lained is
sufficient and appropriate to provide a basis for our winion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial stslements. we have CO￿lUded Ihal the Truslees. use of the going concern basis of
accounting in the preparation of the financial stat￿@nts És appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties re￿tIng lo events or
conditions that, individually or collectivety. may cast signrficanl doubl on the ¢harilable company's abilty lo
continue as a going con￿rn for a period of at ￿t tsyelve months frorn when the financial statements are
gulhorised for issue.
Our responsibilikn'es and the responsibilities of the TnJst*s with respect to going concem are described in the
relevant 8ections of this report.
Page 7

ThE DEBRA REISS FOUNDATION
(A Company Llmitgd by Guarantse)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
(CONTINUED)
OTHER INFORMATION
Th8 Oth8r infarnation comprises the information induded in the Annual Report othgr than the financial
slatemonts and our Auditors. Report the￿n. The Trustees are resFy)nsible for the other infomiation contained
within the Annual Report. Our opinion on the financial statements does not cover the other inforTnation and,
except lo the extent otherwise explicitly stated in our report, we do not express any fom of assurance ¢onclusion
Ihereon. Our responsibilty is lo read the other inlonnalion and. in doing so, consider whether the other
information is materially inconsistent with the financial statements or Dur knowledge oblained in the course of the
audi(. or othemise appears lo be materialty misstated. If we identify such rnaterial inconsistencies or apparent
malerial misstatements. we are required lo determine whether this gwes rise lo a material misslatemenl in the
financial statements thems@￿s. If, based on th8 work we have perfomied. V￿ conclude that there is a material
misstatement of this other infornabon, we are requir￿1 to report Ihat f￿t.
We have nothing to report in this regard.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
We have Th)thing to report in respect of the followng matters where the Chariiies (Accounts and Fieport51
Regulations 2rK)8 requires us to report to you if, in our (pinion:
the information gwon in the Trustees. Report is inconsistent in any material respect with the financral
8ts1emenls'. or
sufficient accounting records have not been k8Pt,' or
the financial statements are not in agreement with the accounting r￿rdS and retums,. or
we have not received all th8 information and expkqnalions we require for our audr(.
RESPONSIBILITIES OF TRUSTEES
As explained mor8 fvlty in the Trustee5' Responsibilities Statement, th8 TnJsl88s {whD ar8 also the directors (rf
the charf(able company for the purposes of company are responsible for the preparation of the financigl
statements and for being satisfied that they gNe a true and f￿r view. and for such inlemal control &s the
Trustees deteTmine is necessary lo enable the prepardtion of financial statements thal arp free from material
misstatement, whether due to fraud or error.
In preparing the fi'nancial stalenpnts, the Trus188s 8re r8sponsible for assessing the charitsble company's ability
to continue as a going concern. disclo￿ng. as appl￿ble, mattets related lo g(Mng concem and using the going
concem basis of accounting unless the Trustees either Intend to liquidale the charitable company or to cease
operat*)ns, or have no realistic alterr￿￿e but to do so.
Page 8

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
ICONTINUED)
AUDITORS. RESPONSIBIUTIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
We have been appointed as auditor under section 145 of the Charilies Act 2011 and report in accordanc8 wf(h
the Act ?nd relevant regulations made or ha￿n9 ekt Ihereunder.
Our objeclwes are to obtsin reasonablo assurance about whether the financial slalgmenls as a who* are free
from material misstatement, whether éue to fraud or error. ané to issue an Auditor8. Report that includes our
opinion. Reasonable assurall￿ is a high level of assurance. but is not a guarantee that an audit Conduct￿ in
accordance with ISAS IUKI VMII a￿ayS detect a material misstatement when it exists. Misstatement8 can ari8e
from fraud or error gnd are consKlered material rf, indmdualty or in the aggregale, they could reasonabty be
expected to influence the economic deusions of users tsken on the b8sis ofthese financial statements.
Irregularities, induding fraud. are instances of non-complianc* with laws and regulations. Wa design prctedures
in line wrfch our rBsponsibililEs. oullined above, to det￿t material misstatements in respeLI of irregularities,
including fraud. The exlent to which our procedures are capabb of detecting irregularities, including fraud is
detailed bel¢M:
Discussions vvith and erquiries of management and those charged with g0veMan￿ were he￿ wth a view to
identfyiro those laws and regulations that could be eXp￿t￿ to have a material impact on the financial
slatèmenls. During the engag8ment team bri&firrfJ, the outcome5 of thes& discussions and enquiries were
sharad with the team, as well as consideration as lo wthere and fraud may ¢xLur in thè entty.
The followiro laws and regulats'ons were idenlrfied as being of sKJnifieafft to the entity..
Those Faws and regulations considered to have a direct effect on the financial slalements include UK
finan￿91 reporbng stsndards, company law, and charity legisL4lion.
Those laws and regutations for wh￿h non-complianee mty be fundamèntal to the op8rating aspect8 of the
business and therefore may have a material eff￿ on the finanual statements.
Audit procedures undertaken in response lo the potential risks reLgbng to irtegulatities Iwhith include fraud and
non<0mplian￿ with kws and regulalionsl ￿mPrised OF. enquiries of management and tknse charged wl(h
govemanc8 as lo whether the entity cc%npli8S Wtth such laws and regulations; &nquiri8s with the same
concerning any actual or potential litigation or claims,. inspedKJn of relevant legal Corresponden￿,. testing the
appropriateness of joumal entries.. and the performance of analyt￿al review to identfy unexpected movemènts in
account balances which may be indicatNe of fraud.
No instances of material norKompl1an￿ were Klentifi&l. Hwver, the likelihood of detecting irr8gularities,
including fraud, is limrted by the inherent difficulty in det￿b"ng irregularities, the Èffèctiveness of the entty's
controls, and the natur8, liming and extent of the audrt procedures perfOrn￿d. IrTegularities that result frum fraud
might be inherently more difficult lo detect than irwularities that resutt from error. As explained above, there is
an unavoidable iisk that material misstatements may not be deterAe(l. even though the audi( has been planned
and performed in a￿rdance with ISAS {UKI.
A further description of our responsibilfcies for the audit of the financial statements is located on the Finaneial
Reporting CoUn￿1,S website 81. vwM.frc.o
.ukJauditorsres
sibil￿e5. This description fom)s part of our
Auditors, Report.
Page 9

28 April 2022 



THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantso)
STATEmETr￿ OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 30 JUNE2021
Unrestrictod
lunds
2021
Total
funds
2021
Total
fvnds
2020
Note
INCOIAE FROM:
Inve81ment8
198,650
198,650
261,031
TOTAL INCOME
198,650
198,650
26f,031
EXPENDITURE ON:
Raising fund5'.
Expenditure on other actmlies
Investment management
Charitable acliwties
8,281
35￿17
Is￿59/
8,281
35,817
16,559
28,435
40,307
70,345
TOTAL EXPENDITURE
59,657
59,657
139,087
NET INCOME BEFORE INVESTMENT
GAINSIILOSSES)
Net gain81llossesl on investments
138.993
741.171
138.993
741.171
121,944
(94,435)
NET MOVEMETrif IN FUNDS
880,164
880,164
27,
RECONCILIATION OF FUNDS:
Total funds brought foThvard
Net movement in funds
6.804.425
880.164
6,604,425
880.164
6,576,916
27,509
TOTAL FUNDS CARRIED FORWARD
7,484,589
7W,589
6,604,425
The Statement of Fingncigl A¢trth"es Ir￿ude¥ all gains and bsses recognBed in the year.
The notes on pages 13 to 20 forTn part of these fin8n(yal staternerts.
Page11

THE DEBRA REISS FOUNDATtON
{A Company Llmlted by Guarantee)
REGISTERED NUMBEIL. 10237698
BALANCE SHEEr
AS AT 30 JUNE 2021
2021
202Q
Note
FIXED ASSETS
Inv8stment8
CURRENT ASSETS
5.299.635
3,953,234
Debtors
Cash at bank and in hand
10
1,6TT,959
514.655
2, 130.904
526,887
2,192.614
2,657, 791
CREDITORS: amounts falling duewithin
one year
11
17,6601
(6,6CIg)
NET CURRENT ASSETS
11H954
2,651, 191
NET ASSETS
7,484,S89
6,604,425
CHARITY FUNDS
Unrestricted funds
7.484.589
6,604,425
TOTAL FUNDS
7A84.589
6,604,425
Th8 Trus188s acknowledge their responsibilrties for ctxnplyng with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance Y￿th the prov[S￿nS applicable lo entit68s subject tr)
the small companies r8gimg.
The financial statements were approved and authorised for issue by the Trustees on ........ ............
and signed on their behalf by.
D. A. Reiss
Trustee
The notes on pages 13 to 20 foTh part of these finanrial statements.
Pa3e 12

THE DEBRA REISS FOUNDATION
Company Lirnited by Guarnnt881
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
GENERAL INFORMATION
The Debra Reiss Foundatw)n (company nUM￿r. 102376981, having rts regisler6d offic0 and principal
place of busin8ss al First Flcor, Whf(e Lion House, 64a Highgate High Street. London. United Kingdom,
N6 5HK is a private company limi(￿ by guarant￿ irujrporaled in England anLI Wales.
ACCOUNTING POUCIES
2.1 Basls of preparatlon of Ilnanclal ststsments
The financial stslefflents have been prepargj in a￿rdance wrf(h Accounting and Reporting by
Charities.. Statement of R6commended Pwlice applicgble lo charities preparing their accounts in
gccordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102) (effective 1 January 20151- (Charities SORP IFRS 102}). the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) and the Companies AGt 2006.
The Debra Reiss Foundation meets the definrtion of a public benefit entity under FRS 102. Assets
and liabilities are in1b.al￿ recc¥Jnised at historical cost or transaciion value unless otherwise slated in
the relevant accounling policy.
2.2 Company status
The company is a company limTted by guarantee. The memL*TS of the company are the Trustees
named on page 1. In the event of the ￿rnPany being wound up, the liability in respect of the
guar4nlee is limited 10 £10 per member of the crynpany.
2.3 Income
All income is recognised once the Company has ent￿ement to the income, f( probabl& that Ihe
ineome will b8 received and the amount of Ir￿ne receivable can b8 measured reliably.
2.4 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benef((
to a third paty, il is Pr￿able that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be [r￿Sured reliably. ExpendFture is classified by aclmty. The costs
of each activty are made up of th8 total ol direct costs and shared costs, including support cost5
involved in undertaking each activity. Direct cosls attributable lo a single adivity are allocated directly
to that adivily. Shared costs whth ctsnlribule to more than one activity and support costs which are
not attributable lo a single activty are apporboned between those activf(ies on a basis consistent wlch
the use of resou￿5. Central staff costs are all￿ated on the basis of time spent, and depreciation
charges allocated on the wrtion of the 8sset's use.
Costs of generating funds are costs ir￿Urred in attracting vduntary irKome. and those i￿Urred in
trading actÉvities that raise fvrKIs.
Charitable activtties and govemane£ costs are costs incurred on the companls operations, in¢luding
support costs and costs relab.ng to the governan￿ of the company apportioned to charitable
activities.
P4e13

THE DEBRA REISS FOUNDATION
{A Company LimTted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
ACCOUNTING POUCIES {coKfiNUED}
2.5 Investmenls
Fixed asset investments are a forni of fin8ncial instrument and are inilialty r￿OgniSed at their
transaction cost and subsequentty measured at fair value at the Balance Sheet data. ￿￿￿$S the value
cannot be measured reliab￿ in which case ti is measur8d al cost less impairment. Investment gains
and losses, whether realised or unrealised. are combined and presented as 'GainsllLossesl on
inveslmenls, in the Sl*ement of Financial Activitie8.
2.8 Interest recefvable
Inl8r8St on funds h8kl on dep)sit is inctuded when r￿l¥ab￿ and the amwnl can t* measured
reliably by the company, this is nomwtly Up(￿ notrF*cati'on of the interest paid or payable by the bank.
2.7 Dgbtors
Trade and other deblors are recogni￿1 at settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short temi highly liquid invèstments s short maturty
of three months or ￿ from the date of a>4UiSithJn or opening of the deposit DT similar account.
2.9 Uabllltlo$ and provlslons
Liabilities are reccgnised when there is an ci)ligatK)n * the Balan￿ Sheet dale as a re8utt of a past
event, il is probable that a transfer of economic benefrt will be required in settlemènt, and the amount
of the settlement can be estimated reliably. Liabilities are recognis8d at the amount that Ihg company
anlicipales Ic will pay lo settle the debt or the amount it has received a8 advanced payments for the
goc*s or service8 It must provKIe.
2.10 Financtal instrum8nts
The company only has ffinanoal assets and financial liabilities of a kind that qualify a8 basic financlal
instruments. Basic financial inslnjmenls are in(tsa]ty re￿niSed al transaGtK)n value and subsequently
Measur￿ al Ih8ii settl8m8nt value.
2.11 Taxation
The company is considered to pas5 the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and the￿fore it meets the definilion of a challtable Gompany foi UK cotporation lax purposes.
Accordingly, the company is polentialty exempt from taxation in respect of incc*ne or capital gains
receNed wfthin categories covered by Chapter 3 Part 11 of th& Corporation Tax Act 2D10 or Section
256 of the Taxation of chargeab￿ Gains Act 1992, to the extent that s￿h income or gains are
applied exclusively to charitable purposes.
2.12 Fund accounting
General funds are unrestricted funds vthich are availab￿ for usè at the discretion of thè Trustees in
furtheran￿ of the general objectives of fhe company and which have not b￿n designated for other
purposes.
Page 14

THE DEBRA REISS FOUNDAnON
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
ACCOUNTING POLICIES (CONTINUED)
2.13 Statement of Cash Flows
Tha charitable wmpany k8 exempl from the wulr￿ent lo produce a Statement of Cash Flows on
the grounds that it is a small charity.
INVESTMEP￿ INCOME
Unrestricted
funds
2021
Total
funds
2021
Investment inwme - dividends frcTh listed investments
Investment income - local cash
Investment income - interest on other investmer
71.199
219
71,199
219
127,232
127,232
198,650
198.650
Un￿S￿cted
funds
2020
Total
funds
20
Investment income- dwidends from listed investsnents
Investment incon*- interest on other investments
94,575
166,456
94,575
166,456
261,031
261,031
Page 15

THE DEBRA REISS FOUNDATION
(A Company Umlted by Guarants8)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
ANALYSIS OF EXPENDITURE ON FUNDRAtSlNG ACTIVITIES
Fundraising
actEvities
Total
lunds
2021
Investment management fees
Support costs {Nole 51
vemance costs (Note Sl
35.817
781
35.817
781
7.500
7.500
44.098
44,098
Fundraising
acliviti&s
2020
Total
fvnds
2020
Inv8Stmenl management fees
Support costs {Note 51
G0veMan￿ wsts (Note 51
40,307
21,835
6.600
40,307
21,835
68, 742
68,742
Page16

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantsg)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
Gèneral Governanc6
support
function
Total
funds
Auditors, remuneration
Bank charges
Subscriptv)ns
7.500
7.500
191
590
191
590
781
7,500
8,281
General
support
2020
Govgnp2nc8
function
2020
Tol
funds
2020
Auditors, remuneration
Bank charg&
Subscriptions
Ac£ountancy
Legal and professional
Adverti'sing
6,6fJO
6,6(
296
239
1,200
12,C
8, 100
239
I,2(￿?
12,000
8. 100
21,835
6.6C
28,435
Pag817

THE DEBRA REISS FOUNDATION
IA Company Llmw by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
ANALYSIS OF EXPENDrruRE OM CHARITABLE ACTIVITIES
UnrestrEcted
funds
2021
Toial
funds
2021
Charitabl8 activl(ies
15.559
15.559
Unwtncted
fvnds
2020
Tot81
funds
2020
Charitable athibes
70,345
70.345
Summary by expenditure type
Total
funds
2021
2021
Donation8 to other charitable cal
15,559
15.559
Tolal
fuffKIs
2￿0
20
Donations lo other chatit8ble causes
70,345
7Q,345
AUDITORS. REMUNERATION
The auditors, remuneraion amounts to an auditor fee of £7,50012020- £6,6t￿.
P4e 18

THE DEBRA REISS FOUNDATION
IA Company Llmltod by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
EMPLOYEES
The average nLÉmb8rof persons employed by the Company during the year was as foltows..
2021
2020
Tru81ee8
No employe8 r8C8ived remuneration amounting lo mre than £60,000 in erf(her year.
During the year. no Trustees received any remuneration. boneffts in kind or reimbursement of exp8nses,
FIXED ASSET INVESTMENTS
Other
Investments
Cost or marftet value
At l July 2020
Additions
Disposals
R8valualion8
3.963.234
2,518,029
11,761.4231
589,795
AI 3D Junè 2021
5,299.635
Net book value
At 30 June 2021
5.299.635
At 30 June 2020
3,9￿,234
10. DEBTORS
2021
2020
Due wlthin one year
Other debtors
Pre￿yMentS and accrued incor
1.677,661
2. 130,606
298
1.677.959
2, 130,904
Page 19

THE DEBRA REISS FOUNDATION
{A Company Llmited by Guaranteo)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
11. CREDITORS: Amourrts falllng du8 vAthln one year
2021
2020
OtheT creditors
Accruals and d8ferr8d inccMn8
160
7.500
7.660
12. SUMMARY OF FUNDS
SUMMARY OF FUNDS - CURRENT YEAR
Balancg at 1 Incomlng Rgsourcos
July 2020 resources
expended
Gainsj
ILossgsI
Balance at 30
Jun& 2021
6.604,425
198.650
159,657>
741,171
7,484,589
Unrestricted funds
13. RELATED PARTY TRANSACTIONS
The Company has not entered into any reLatèY party trdnsactK)n during the year, nor are there any
outstanding balances Lwng betrRen related parties and the Company at 30 June 2021.
Paje 20