Reglstsrod numbgr: 10237698
Charlty number.. 1169323
THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

THE DEBRA REISS FOUNDATION
(A Company Llmtted by Guarnnlee
coprrENTS
Page
Ref8r8nc8 and Admlnlstratlve Datalls of th8 Companyi Its Trust8e5 and Adviserè
Trustses. Report
Independent Auditors. Rèport (In the Financlal Statem¢nts
7-10
statement of Flnanclal Actlvltles
11
Balance Sh8ot
12
Notes to the Flnancial Ststements
13-23

THE DEBRA REISS FOUNDATION
(A Company Umlted by Guarantee
REFERENCE AND ADMINISTRAnVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 JUNE 2023
Trustees
D. A. Reiss
D. R. Reiss
Company règi#ter•d numbor
10237698
Charity registered number
I18￿23
Registered <)ffice
First Floor, White Lion House, S4a Highgate H￿ah Slre6L London, N6 5HX
Independent ouditors
Wildor Coe Ltd, 1st FI￿r Sad(ville House, 14&149 Fènchurth Str*L LorKlon. EC3M 6BL
Page 1

THE DEBRA REISS FOUNDATION
IA Company Limlted by Guarantso}
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 JUNE 2023
The TnJstee8 present their annual ￿e￿rt together wilh the audit￿ financial statemerjts of The Debra Rei88
Foundation (Ihe'company) for the year 1 July 2022 to 30 June 2023. The Annual Report Serves the purposes of
both a Trustees, Report and a Directors, Report urKler company law. The Trustees confimi that the Annual
Report and financial statements of the tharilable company compty ￿th the current Statutory r8quirem8nls, the
requirements of the charitable ¢ompanYs goveming drLument and the provisions of the Statement of
Recommended Practice ISORP) applicable to charities preparing their accounts in accordance with the Fillancial
Reporting Stsndard applicabl8 In thé UK and Republic of Ireland {FRS11r2I leffective 1 Janu8ry 2019).
Since the Ccffipany qualif es as small undar seLtion 382 of the CLKnpanie8 Act 2006, Ihe Strategic Report
. reqUI￿lI ol medium and large companies under the Coryanw Act 2006 Islralegic Report and Dir8Ctors'
Report) Regulations 2013 has been omitted.
Obj$dv8s and actlvltles
a. POUCIES AND OBJECTIVES
The principal objectNes of the charity as sel c*rt in the goveming document are..
To 8SSiSt in such vtays as th8 charity thinks fft any tharity whose auns include ￿Vancing education of
persons in the UK or wor￿Ide by devekping their indmdual capabilib"e3, competences. skills 8nd
underBtanding in su*ects of educ2tional value or in develL)ping their mental, physical and moral capabilities
through leisure lime ac*vth8.
To rel*ve povety or financial hardship in the UK or worldwKle by pwding grants, items and 8ervlces to
indiwduals in need 8ndlor chariknes or other org8nisatK)ns worknng to relieve povety.
To develop the capabilty and skills of sttialty disadvantaged cc8nmuniti8s in th8 UK in such a way that they
are better able to identfy and help meet th￿r needs and to part￿pate more fvlly in 50¢iety by the support of
and providing grants and donations to chanknes whose objectives incluée these 8ims.
To promote public health in the UK and wodthvide for the benefft of the publ￿ by providing assistance and
g￿nIS to other charilies and organisations working the fiefd of fnedthl r&8earch and advancement., and
To pr￿MOte humane ￿havIour t(wards anwnals by assisting or provbjing donat￿6 or giants lo ch8rity or
organis*'on which is providiThJ donations or grants lo any charty or organisalion which is providing
appropriate care. protection, Ireatrnent and security or animals which are in need of care and attenliDn by
reason of sickness, mattreatment, pcK>r circumstanc8s or ill usage and lo educate the public in maiters
pertaining to animal welfare and the prevention of cn* and suffering anwng animals.
b. PUBLIC BENEFIT
The Trustees conffirm th81 they have, in th6 ￿MinIStrat￿)n of the tharty, paid due regard lo the public benefft
guidan￿ published by the Charty Commission under seC￿n 4 otth8 Chariti8s Act 2011.
Page 2

THE DEBRA REISS FOUNDATION
IA Company Limited by Guaranteel
TrUSTEES' REPORT IcopinNUEDI
FOR THE YEAR ENDED 30JUNE 2023
Achlevements and perfomiante
. REVIEW OF ACTIVITIES
Hislonc donations and subsequent income received w&s invested across 3 inveslment funés during 202312022.
31.
There are 3 investment funds in place at the year end. In aldition, fijnds have b88n invested into bridging loan
facilities of which there are 2 in place at tho year end.
Donations lo other chariiies tots11￿1 £9,075 {2022.' £8,286). It IS 8xpected that further donations will be mad& in
2024 for the furtherance of the charitys objectives.
The charty 8lso undertook charilable aCtNit￿ directty I￿ludIng donating It￿￿$ lo a k)cal horneless Sh&￿tr
through the Synagogue Fo￿j Bank as wdl as donating footsvear lo various sthools in Brerkt, Bamet and
Harringay. Costs ir￿Urred relating to this a¢tivitses totalled £58,178.
b. INVESTMENT POUCY AND PERFORMANCE
The Trustees have considered the options aval￿b￿ and have thided lo invest the frjnds they have receN6d by
way of donations in commgrcial common investment fijnds as well as other funding solutKJns to obtain long lerrn
retum on investments.
Trusle&s clos61y monitor th8 P8rformance of invesbnents and make changes as nees8ary. Ri8k profiles are
agreed with each iRveslmenl fund in advance.
Financlal review
a. GOING CONCERN
After making appropriate enquirie$, the T￿￿tee$ have a reasonable expeclation that the Company has adequate
resourc&s lo continue in operational exist8nca for the foreseeable future. For this reason, they continue lo adopt
the going concern basis in preparing the financial statements. Further delai15 regarding the adoption of the going
con￿rn basis can be found in the accounts'ng pdiues.
b. RESERVES POUCY
The current reserve policy is lo protect the Companls charitabk property. including the investments hekl and lo
seek to ensure the solvency of the company. The Trustees eontinue to follTh a reserves polt¢y which ￿fbe￿$ the
precise risks and other circuMstan￿S of the tim.
The total fvnds held al the year end are £7.C67.494 (2022.. £6.995. 769). All funds are unrestricted.
c. PRINCIPAL FUNDING
Th8 principal fuNling of the Company has the invesbn8nl income received on funds arising from dDnations
made in earlier periods. It15 Intendgj that these funds shoukl assist with the charrtable purpose of the charity for
8 nurrt>er of years.
d. MATERIAL INVESTMENTS POUCY
The material investhents of th8 Company are its investments in various share portfolios. The policies relating
thereto and their performance dealt with in the accounting poI￿leS arml notes to the acwunts.
Page 3

THE DEBPA REISS FOUNDATION
A Company Llmltèd by Guarantee)
TRUSTEES, REPORT ICOPfflNUEDI
FOR THE YEAR ENDED 30 JUNE 2023
Structure, govemance and management
. CONSTITWION
The Company registered as a Charitab￿ company limit￿ by guarantee and was 8et up by a Memorandum of
Asso￿9t10n on 17 June 2016.
The Companys chantable number 1169323 and ts registered company number is 10237698. The Comp8ny
is registered at the following address-
First Floor
While Lion Hous
64a Highgate High Street
London
N8 SHX
b. MEfHOD OF APPOINThIENT OR ELECTION OF TRUSTEES
The man¥Jement of the Corrpany ￿ the responsibility of the Trustees who are eleGted and co-op1￿￿ under the
lenns of the Articles of Association.
Trustees are appoinl&J at the discretion of the acbng tnjstees at the Annual General Meeting.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
Th8r8 is no s8t poI￿Y in pl￿@ for th& inductsjn and training of new tN8lee8 and thi8 is arranged as required.
d. PAY POUCY FOR SENIOR STAFF
All directors, who are also trustees of the charity. th￿r lime fr* and ￿ director receNed remuneration in
the year.
e. ORGANISATIONAL STRUCTURE AND DECISION IAAKING
The board of Trustees wih a minimum 0fty￿ member8, &Jministerthè chanty.
The Trustees who served during the were as foll￿..
D. A. Reiss
R. J. R￿sS (de￿sed 22 January 2024)
O. R. Reiss
The Companls auditors are Wildw Cce Ltd, Chartered AeLX)untanls & Statutory Audit￿, 1st Floor S8ckwll6
Hou8e, 14&149 Fenchureh Street, Londoft. EC3M 6BL.
f. RISK MANAGEMENT
The Tru81*8 have assessed the major risks to which the Company is expos￿. in partrcular those related to the
operations and finances of the Company. and are satisfied th* systems 8nd procedures are in Pla￿ lo miligale
exposur8 to the major risks.
P&ae4

THE DEBRA REISS FOUNDATION
(A Company Llmlled by Guardntsel
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
Plans for future periods
a. FUTURE DErfELoPmE￿rS
The Debr4 Reis$ FcNJndation predominantly donates brand new dothing essenliaL8 lo Underprivi￿ed prirnary
school chiklr8n in the loc￿ areas. For example, last Autumnlwirtsr we gave out over 2.5QD kgep warm kts
which included a hat, snood, themwl ves¢ gloves. all in a r&usable b4. We also donated thousands of brand
new Iralners, pllmsols and fie￿ lined wnt8rjackets depending on the n¢￿j of the %hools.
In the future we ara looking lo expand the am￿jnI of donations arKI give CMJI more essential clothing lo those in
need. This Autumn we have, so far in the schedu￿. a plan to donate ¢)ver 2.500 Winter Jacke18 and thousands
of trainers and plimsols. We are Iwking lo also gwe out our keep wami kits and now have a handful volunteers
who wll help us wth the packing.
We currently work with both Haringey and Barnet COUn￿lS and other local charitiès like Sebby's Corner, W8 are
looking lo expand the areas we donate to and are in talks with Camden councal to See where we can be of help.
In addition lo helping primary schools in the k¢al areas, we wll continue to donate lo olhw UK based charities in
line with the ctsritable c*jedives.
TRUSTEES. RESPONSIBILMES STATEMENT
The Truslees (who are also the direcaors of the c(￿panY for thè purposes of company lawl are responsible for
prèparing the Trustees, Rew)rt and the financial slatemwls in aC￿rdance wlh appli¢ab* law and United
Kingdom Accounting Standards {United Kingdijn General￿ Accepted Accounting Practice).
Company law requires the Trustees lo prepare financial statements for each financol year. Under company law,
the Tnjslees must not approve the fina￿131 statements unkss they are Satisfi￿ that they give a true and fair
view of the slate ol affairs of the Company and of its inc(Kning resources and applKation of resource8. including
ils incorne and expenditure, for that petiod. In preparing these financial stalemenls, the Trustee5 are required to..
select suitable acccwnling poliC￿S and then q)pty them consistently.
observe the methods and princip￿8 of the Chartii&s SORP {FRS 102}',
make judgments and accounting esiimales that are reasonable and prudent,.
stale whether applicable UK Accounting Standards IFRS 102} have tr*en followed, subject to any material
departures discloseé and explained in the financk?I statements" and
prepare the financial staternents on the gcrfng COn￿M basis unless f( is inapprcyriale lo prèsumè that the
Coinpany will ￿nts'nue in business.
The Twslees are responsibk for keeping adequate accounling records that are 8uffiGient lo show and explain
the Companls Iransactiolls and disclose vrith reasonable accuracy al any time the financial positK)n of the
Company and enable them to ensure that the financial statements cc¥nply with the Compani8s Act 2006. They
are also responsib￿ for safeguarding th8 assets of the Company arKI hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
DISGLOSURE OF INFORMATION TO AUDITORS
Each of the persons who are Trustees al the time when thi8 Trustees, Rem is approved has confimed that..
so far as that Trusteé L* aware, there Is no relevant Infomiat￿￿ of which the charitys auditors
unaware, and
that Trustee has taken all the steps that ought to have been laken as a Trustee in order to be aware of
8ny r818vanl audit information and to establish that the th81itys auditors are aware of that information.
Page 5

THE DEBRA REISS FOUNDATION
IA Company Llmited by Guarantsel
TRUSTEES. REPORT (Co￿riNUED)
FOR THE YEAR ENDED 30 JUNE 2023
AUDITORS
The auditors, Wildw Coe Ltd. have indicated their wsllingness lo conlinue in office. The Designatèd Trustees will
propose a motion re-appointing the auditor3 at a meeting of the Trustees.
In preparing this rewrt, the Trustees have taken advantage of the small companies exemptions provided by
section 415A of the Conwanies Act 21XE.
This report was approved by the Trustee¥. on ..........
01
. and signed on their behalf by..
D. A. Reiss
Trustee
Page 6

THE DEBRA REISS FOLINDATION
IA Company Limited by Guarantee)
INDEPENDENT AUDITORS. REPORT TO ThE MEMBERS OF THE DEBRA REISS FOUNDATION
OPINION
We have audited the financial Statements of The Debra Reiss FoutKlation Ithe'charitable compan￿) for the year
ended 30 June 2023 whith Comprise the Statement of Financial Athilies, the Balancè Sheèt, th& Slalement of
Cash Flows and th8 rglat8d notgs, including a summary af significant accounting policies. The financial reporting
framework that has been applied in their preparatK)n is appl￿b￿ law and unit￿ Kingdom Accounting
Standard5, including Financial Reports"ng Star￿ard 102 Yhe Financial Reporting Standard applicable in the UK
and Republic of Ireland, (United Kingdom GenerallyA¢ceptèd Acc(MJnling Praclice).
In our opinion the financial statements..
give a tru8 and lair of the state of the charilable companls affairs as al 30 June 2023 and of its
incoming resources and applicati￿ of resour￿. ind￿lIng its inwme and expenditure for the year then
ended.,
have pn)perfy prepared in ac￿)rdanC8 With Unrted lfjngdom Generalty Accepted Accounting
Practice,. and
have b*n prepared in wjrdance wrth th8 r8quir8ments of the Charities Act 2011.
BASIS FOR OPINION
We conducted our audit in ￿cOrdan￿ Intemational Standards ￿ Auditing (UK) IISAS IUKI) applicable
18w. Our responsibilities under those standard5 are further de￿ribed in the Auditors, responsibilities for the audit
of the financkql slalernents sectM)n of our report We are I￿￿P8nd￿nI of the charitable company in accordance
th the elhieal requirements that are fe￿yarrt to our audr( of the finanaal statements in the uftrt￿ ￿ngdom,
including the Fiftanci81 Reporting Council's Ethical Stsndard, 8nd we have fulfilled our other ethical
responsibilities in a￿rdance wth these reqLtiremenls. We believe that the audit evidence we h8v8 obtained is
sufficient and appropriate to provtde a basis lor our otNnkn.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing the financial statements. we have concluded that the Trustees, use of the g￿n9 concem basis of
ounting in the preparation of the financkgl stat￿nIS is 4)propriale.
Based on the work we have performed: we have I￿l identffied any material uncertainties re18ting lo gvenls or
condi(ion8 that. individu81Fy or collectivety, may cast significant doubt on tho charitable comp3ny's ability lo
ontinue as a going wnGem for a peritsd of at knt iwefve months when the finar￿181 statements are
authorised for issu8.
Our reswnsibilities and the r8sponsibilities of the Trustees S￿1h respect to going ￿n￿rn are desuibed in the
relevant sections of this report.
Page 7

THE DEBRA REISS FOUNDATION
IA Company LimEted by Guarantee)
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
ICONTINUEDI
OTHER INFORMATION
The other information comprise5 the inf0M￿tt0n included in the Annual Report other than the financial
statements and our Audttors, Report thereon. The Trustees are responsible for the other information contained
w(thin the Annual Report. Our opinion on the financial stalements d(￿ not cover the other infomialion and,
ex¢ept lo the extent otherwise explicitty stated in our report, we do not expre88 any fom of assurance conclusion
th&r80n. Our responsibilty is to read the other infomialion and. in doing 80, consider whether the other
infonmation is materially inconsistent with the financial statem￿t8 or our kn¢)wledge obtained in the course of th8
audit, or otherwise appears lo be materialty misstated. If we wjentify such material inconsistencies or apparent
material mi8slalemenls. we are required to detemiine whether this gwes rise to a material misstat8menl in the
rinancial statements themselves. If. based on the woth we have perf0M￿l, we conclude that thore is a maleTral
misstatement ofth15 ¢)ther infomialion, we are r4uitsd to report that fact.
We have nothing to report in this regard.
OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the WOTk undertaken in the ¢ourse of the audL'
the inf0m￿l￿1n gwen in the TTUStees' Report lor the financial year for which financial 8talèmentS are
prepared is consistent with ￿ finanual ststements,. and
the Trustees, Report has boen prepared in a¢￿dan￿ with opplKabk legal Twuirements.
MArrERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of our knovAedge and understanding of the charitable company and its 8nvironmenl Obtain￿ in the
course of the audit, we have not identrfied material misststements in the Trustees, Report.
We have nothing lo report in respecl of the folhxing matters %there the Char((￿$ {Ac¢ounts and Report81
Regulations 2008 requires us to report to you if. in our opinion".
adequate atLounllng records have not been kept. or retums adequate for our audit have not beon received
from branches not visited by us", or
the financial Statements are not in agreement with thè a￿O￿nting records and returns." or
certain disclosures of Trustees. remuneration specffied by Law are not made.. or
we have not r￿eNed all the infomialion and eyplanalK)ns we wuire for our audit or
the Trustees were not entided to prepare the financial statements in accordance with the small companies
regimg and take athanlag8 of the small companEs' exempth)ns in preparing the Trustees, Rèport and from
the requirement lo prepare a Sltalegic Report.
RESPONSIBILtriES OF TRUSTEES
A8 exp18ined more fulty in the Trustees. Responsibilities Sfatement, the Trustee5 {who are also the directors of
thè charitable company for Ihe purposes of company lawl are responsible for the pr8paration of the financial
statements and for being satisfied that they give a irue and fair view, and for such inlemal control as the
Trustees delemiine is necessary to enable the preparatp)n of financial slalements that are free from m81eri81
mi8818tement, whether due to fraud or error.
. In preparing the financtal 3tale￿￿nts, the Trustees are responsible for assessing the charitable company's abilty
lo continue as a going con¢em, disclosing, as appluble. maiters related to going concem and using the going
concern basis of accounting unless the Trustees either intend lo liquidate the Charitab￿ company or to cease
cyeralions, or have no realist￿ aY(emative but to do so.
PaJe 8

THE DEBRA REISS FOUNDAnON
(A Company Limiled by Guarantael
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
{CONTINUEDI
AUDITORS. RESPONSIBIUTIES FOR THE AUDIT OF THE FINANCIAL STATEMEpirs
Our objectiV85 ar8 to obtain rea8onaNe assurance about whether the financial slatements as a whole are Iree
from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our
opinion. Reasonab￿ assumnts is a high of assurance. bul i8 not a guarantee that an audit conducted in
accOrL1an￿ wrth ISAS IUKI will ah¥ays detect a material misstatement when it exists. Misslalements can arise
from fraud or error and are considered material rf, I￿lIVidua[1Y or in the aggregate, they could ￿8$o￿ablY be
expected to influence the econom￿ decisions of usets taken on the basis of these financial stslemenls.
Irregularitiès, including fraud. are instances of non•cLmiplianc£ with lawB and fEgulalions. We design procedur&8
in line with our resp¢)nsibililEs, ouuined above. to delect material misslatemen15 in respect of irrègularilk8s,
including fraud. Tho extent to wh￿h our pr￿dureS are capablo ol detecling iwularities, induding fraud is
detailed below..
Discussions with and enquiries of manapnent and th￿e char9èd wth govemancé were held with a viaw to
id8ntrfying thos@ laws and r￿ulationS th* coukl be expect￿1 to hav8 a matarial impact on the financial
slalemenls. During the engaJemenl team briefing. the outcoms of these discussions and enquirie8 were
shared with the team, as well as consitferalion as to where and fraud my tKzur in the entty.
The following laws regulations wero identifie4J as being of sunfficance to the enbty..
Those laws and regulations considered lo have a direct effect on the financial slalemènts include UK
financial reporting standards, company ￿, and chanty ￿lsIatiOn.
Those laws and regulations for which non-compliance may be fundan￿tal to the operydting aspects of the
bu8ines8 and therefore may have 8 material effect on the financial statements.
Audit procedures undertaken in response to the F(*ential risks relating to irregularfties (which include fraud and
non-compliance wth laws and regul8tions} comprised of." erlquiries of management and those charged wlth
govemanee as tts whether the entity complw with sueh laws and regulations., enquiries with the same
conceming any adual or potential litigation or claims,. review of minutes., testing the appropriateness of journal
entries., and the perfo￿ar¢¢e of analfftal review lo Kjentify unexpected movements in account balances wh￿h
may bg indicative of fraud.
No instances of Materi￿ nonthccqnpliance were Klentrfl￿. Hchyever, the likelihc¥)d of detecting irregularities,
including fraud, is limited by the inherent drfr￿U1tY in detecting irwularities, the effectNeness of the ent￿3
conlrols, and Ihg natur8, liming and extenl of the audit pr(tedures perfOrn￿d. Irregularrties that result from fraud
might be inherently more dtfficuli to detect than irregularities that resu￿ from error. As explained above, there 18
an unavoidable risk that mat8rial misstatements may not be detected. 8ven though th8 audit has b88n planned
and perfomied in accordance with ISAS (UK).
A further de8CriPtion of our responsibilities for the audit of the financial statements 18 located on the Financial
ReFIDrting Council's websrte at www.frG.o
.ukJaudilorsres
nsibilrties. This description forms part of Our
AudttOTS' Report.
Page 9

**THE DEBRA REISS FOUNDATION** 

## **(A Company Limited by Guarantee)** 

## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF  THE DEBRA REISS FOUNDATION (CONTINUED)** 

## **USE OF OUR REPORT** 

This report is made solely to the charitable company's members, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. 

## **Charlotte Willmore BFP ACA (Senior Statutory Auditor)** 

for and on behalf of 


## **Wilder Coe Ltd** 

Chartered Accountants & Statutory Auditors 

1st Floor Sackville House 

143-149 Fenchurch Street 

London 

EC3M 6BL 

9 January 2025 

Page 10 



THE DEBRA REISS FOUNDAlloN
{A ¢¢)mpany limited by Guarant¢el
STATEMENT OF F5NANCIAL ACTEVITtES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 30 JUNE 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
INCOME FROM..
Donations and legacaes
Investments
72,740
368,061
72,740
368,061
237.599
TOTAL INCOME
440.801
440,801
237,599
EXPENDITURE ON:
Raising funds=
Expenditure on other actNities
Investment man4ement
Charitable act(vities
10,023
10,023
49,068
176,488
9,516
64,2TO
51,242
176,488
TOTAL EXPENDITURE
235,579
235,579
125,028
NET INCOME BEFORE LOSSES ON
INVESTMENTS
Net losses on investments
205,222
(133.4971
205.222
1133A97)
112,571
(601,391J
NET MOVEMENT IN FUNDS
71.725
71,725
(488,820)
RECONCILIATION OF FUNDS..
Total funds brought foNard
Net movement in funds
6,995,769
71,725
6,995,769
71,725
7,484,589
(488.820)
TOTAL FUNDS CARRIED FORWARD
7.067.494
7.067.494
6,994 769
The Statement of Finan¢ral indudeg all gains and bsses rwniwj in the yaar.
The notes p￿e5 13 to 23 fomi part of these finan(aal statemgnts.
Page11

THE DEBRA REISS FOUNDATION
{A Company Limlted by Guarantee)
REGISTERED NUMBER: 10237698
BALANCE SHEET
AS AT 30 JUNE 2023
2023
2022
Not•
FIXED ASSETS
Invgstm8nls
CURRENT ASSETS
12
6.833.034
8, 710,618
Debto
Cash at bank and in ha￿1
13
250.298
642.685
1.250N59
1,250,757
892,983
CREDITORS.. amounts falling due within o
year
14
116.297)
(7,832)
NET CURRENT ASSErs
1.234.460
885, 151
NET ASSErs
7.087.494
6,995,769
CHARITY FUNDS
Unrestricted funds
15
7.067.494
6.995,769
TOTAL FUNDS
7,067.494
6,995,769
The Trustees thna￿edge their responsbiltses for ¢c￿P￿.￿g wrth tha requirements of the Act with respect to
accounting records and preparation of financid siat8m8nts.
The finanaal ststements have been preparèj in accordance with the provisK)ns applicable to entities su*oCt to
the small companios regirre.
The financial statements were apprDved and authorised for issue by the Trustees on ...
and Signed on their behaw by.
D. A. R&is$
The notes on pgJes 1310 23 form part ofthese finanoal st*ments.
Page 12

THE DEBRA REISS FOUNDATION
IA Company Umlted by Guardnteg)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
GENERAL INFORMATION
Th? Debra Reiss Foundation (company number. 10237698), having its wistered office and principal
place of business at First FkK)r. White Lion House. 64a Highgate High Street, London, United Kingdom,
N6 5HX. is a private charitable ¢t￿npanY limited by guarantee incorporated in England and Wales.
ACCOUIMNG POLICIES
2.1 Bas15 of proparatlon of financlal statements
The financial statements have been prepared in accordan￿ with the Charities SORP IFRS 1021-
Accoullting and Reporting by Charitm.. Stalemenl of Recommended Praetice applicable lo charities
preparing thèir &counts in attordance with the Financial Reporti￿ Standard applicable In the UK
and Republic of Ireland {FRS 1021 leff&tive 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republ￿ of Ir&Land IFRS 1021 arKI the Companies Act 2006.
The Debra Reiss Foundation meets the defintknon of a public benefit entity under FRS 102. Assets
8nd liabilities are initidly recognised at historical cost or transaction value unles5 otherwise stated in
the relevant accounting poly.
2.2 Company ststus
The Company i8 a cempany limit&Y ty guarantee. The members of the Company are the Trustees
named on p8ge 1. In the event of the Company being wound up, the l¢abilty in resp8Ct of the
guarantee is limited to £10 per memtk8r of the C(Mnp8ny.
2.3 Income
l income is recognised once the Cornpany has entrtlemenl to the income, it is probable that the
Income will be receiv￿ and Ihe amount of inC￿e receivable Can te measured reliably.
Donated professional Se￿iC£S and facilths ale rwognised on reciepl, on the basis of thè value of
the giftto the Company which 1$ the amLtnl it woukj have been ￿lling to pay lo obtsin the servi¢es or
faciliLies of equNalenl economic ￿nerrt on the cyen market,. a corre4)onding amount is th8n
recogni$ed in èxpenditure in the period of reciept
2A Expend5ture
Expenditure is recognised ortt thern is a legal or constnKtive obligation to tmnsfer economic benefil
lo a third party, it is probable that 8 transfer of economic benefrts will be required in settlement and
the amount of the obligation Can be measured reliably. Expendtiure is classrfied by activity. The costs
of each activty are made up of the toial of dirvLt costs and shared costs, including support costs
inVo￿ed in undertaking each ￿lIVIty. Direct costs attribthabk lo a single adimty are allocated directty
to that activity. Shared costs whth c)Jntn"bute lo mote than one activity and support costs which are
not attributable lo a single activity are apportioned be￿eern those activities on a basis consi51ent with
the use of (esour￿. Central staff costs are alk)cated on the basis of lime spent.
Chaiitable adivibes and govemance costs are c08ts incurred on the Companls operations, induding
support costs and costs r8lating to the governance of the CL¥npany apportioned lo charitable
activfties.
Pag8 13

THE DEBRA REISS FOUNDATION
{A Company Llmlled by Guarnntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ACCOUNTING POLICIES ICONTINUEDI
2.5 Inveslments
Frxed asset investments affj a fomi of finan￿al instrument and are initkglly recognised al their
transaction ￿st and subsequ8nUy rn8asur8d al fair value at tha Balance Sheet dale, unless the value
rAnnol be measured reliabty in whith case it is measured at cost less impai￿nent. Investment gains
and losses, whether reali5ed or unrEali8ed, are combined and presented as 'GainsllLossesl on
investments. in the Statement of Finaneial Adiviii8s.
2.6 Interest receivable
Interest on fvnds hekl on deposit is included wh￿7 recetvable 8nd the amount can b8 m8asured
reliabty by the Company, this is r￿miallY upon nclifirAtion of tho int8rest paid or payable by the bank,
2.7 Debtors
Trade and other debtors ar8 r￿nISed at the settlemerrt amount after any trade disC￿nt offergj.
Prgpayments aro v8lu&l at the amount pre￿ net gf any trade discounts du6.
2.8 Cash at bank and in hand
Cash al bank 8nd in hand indudes cash and sh¢Yt-Ie￿ highty liquid investrnents vAlh a short maturity
of three month8 or less the date of wuisitim or yning of the deposil or similar accounL
2.9 Liabiltties and provisions
Liabilities are recognised when there 1$ an o￿lga￿.0rt at the Balance Sheet dale as a resur( of a past
event. it is probable that a Irar¢sfer of econcffiic benefrt will be required in settlement, and the amount
f the setttemenl can be estimated rdk8bty. Liabilities are fecognised 8t Ihe amount that the company
anticipates it WTII pay lo settle the debt or the amwnl it has rweNed as advanced payments for the
9(￿dS or services it must provide.
2.10 Flnandal instruments
The Company only has financial a￿ts and financial Ikgbilrties cf a kind that qualify as basic financial
instruments. Basic financial instruments are initsalty recL¥Jnised attransaL*ion value and subsequentty
measured at their settlement value.
2.11 Taxatlon
The Ccxnpany 15 considered lo pass the tests set out in Paragraph 1 Schedule 6 Df the Finance Act
2010 and therefore it meets the definttion of a charitable company for UK corporation lax purposes.
According￿, the Cornpany is potenlrdlty exempt from laxation in respect of income or capital gains
recewed wl(hin Cat￿ories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of chargeab￿ Gains Act 1992, to the extent that such income or gains are
applied exdusively to tharitsble purposes.
2.12 Fund accountlng
General funds are unrestricted funds wh(ch are avaiL9ble for use al the discretion of the Trustees in
furtherance of th8 general objerAwes of the Corryjany and which have not been designated for other
purposes.
Page 14

THE DEBRA REISS FOUNDATION
IA Company Llmlted by GuaTantee
NOTES TOTHE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ACCOUNTING POLICIES IcoKfiNUED)
2.13 Statement of Cash Flows
Tha charilabb company is exempt from the requirement to produce a Statement of Cash Flows on
thè grounds that it is a Sm￿1 Charity.
INCOME FROM DONATIONS AND LEGACIES
Unrestrlcted
fundg
2023
Total
funds
2023
Total
funds
2022
Donalions
72,740
72,740
INVESTMEKf INCOME
Unrestrlct&d
fund5
2023
Totsl
funds
2023
Invastm8nt income- dividends from listed investments
Investment income- local cash
Investment in1￿me- interest on other investrnerrts
238.266
1.667
128,128
238,266
1,667
128,128
368,tE1
368,061
un￿s￿1cled
funds
2022
Total
fvnds
2022
Investment in¢ome- dividends from listed investments
Investment income- local Cash
Investment income- interest on other investm
89,590
89,590
147.440
147,440
23T,599
237,599
15

THE DEBRA RE]SS FOUNDATION
(A Company Llmlted by Guaranleg)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF EXPENDITURE ON FUNDRAISING ACTMTIES
Unrnstrlctsd
funds
2023
Totsl
funds
2023
Investment management fees
Amounts wiirten off investments
Supwt costs (note 5}
Gov8mance costs (note 5>
49,068
49.068
1,623
8,400
1.623
8.400
59,091
69,091
Un￿st￿Cted
fvnds
2022
Tol
funds
2022
Investment management fees
Amounts wrrLten off investsnerrts
Support costs Inole 5)
Govern8nc8 costs (note 5)
46,270
16,000
1,716
46,270
16,000
1, 716
71.786
71, 786
Page 16

THE DEBRA REISS FOUNDATION
(A Company Limlt•d by Guarantsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
General Governanc8
611PPOrt
functlon
2023
2023
Total
lunds
2023
Audit￿$, remuneration
Bank charoes
Subscriptions
Sundry
8,4QO
8,400
302
869
452
302
452
1,623
8,400
10,023
Gonwal Gov8m8nc8
support
functi()n
2022
2022
Tot
nds
2022
Audit￿, remuneration
Bank charges
Subscription8
Sundry
213
213
702
702
1, 716
9,516
P4e 17

THE DEBRA REISS FOUNDATION
IA Company Llmmed by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Grants to
Institution$
2023
Total
funds
2023
Advancing ￿luCation and personal development
RelEve poverty ¢y finawiol hardship
Supporting disadvgnlaged cornmunrbe5
Promotion of public hearth
6,575
1,000
1,500
6,575
1,000
1,500
9,075
9,075
Grnnts lo
InstituL(ons
2022
Tot81
fijnds
2022
Advancing ￿L￿*10￿ and person￿ devetoprnent
Relieve pov8rty or finar￿1￿ hardship
Supporting disadvanlrfed ccrfnmunibes
Promotion of public health
3, 788
3,788
8.288
8,288
Page18

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarante81
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Summary by fund typg
Unrestrlcted
funds
2023
Total
2023
Advancing education and personal development
Relieve povety or fina￿181 hardshp
Supporbng disadvantaged communities
Promotion of public health
6.575
168,413
1.500
6,575
168.413
1,500
176.488
176.488
un￿51￿CIed
funds
2022
Tot
2022
Advancing education and pe￿Onal deveky￿nI
Relievè povety or financlal hardship
Surwrting disadvan￿￿￿ crmmunib.as
Prornotion of public health
8,270
36.684
2.500
3, 788
8,270
36,684
3, 788
51.242
5t,242
Page19

THE DEBRA REIS8 FOUNDATION
(A Company Llmlled Guardntsel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF EXPENDrruRE BY ACTivinES
Activit185
Grant
undertaken funding of
dlractty
activities
2023
2023
Total
funds
2023
Advancing education and person81 devekymenl
Relieve poverty or financi￿ hardship
Supwling disadvantaJed communiknes
6,575
1,0()J
1,SthJ
6.676
168A13
1,$00
167,413
167,413
9,075
176A88
undertaken Grant funding
diwlly
of 8Ctwities
2022
2022
Total
funds
2022
Advancing ￿lUcation and personal develc4)ment
Relieve povety or financial hardship
Supporting disadvantaged c(￿M￿n￿e$
Pr￿notion of public heatth
7,2TQ
35,684
8,270
36,684
2,500
3, 788
2,500
3,788
42,954
8,288
51,242
ANALYSIS OF DIRECT COSTS
Advanclng
education
and
Rellevg
parsonal
poverty or
developmen flnanclal
hardship
2023
Total
funds
2023
2023
Provision of gwdslseMce8
Rent
S8,176
72,740
34,827
1,670
58,176
72,740
34.827
1,670
Rates
Travel costs
167,413
167,413
P4e 20

THE DEBPA REISS FOUNDATION
IA Company Llmlted by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
ANALYSIS OF EXPENDITURE BY ACTIVITIES (contlnugdl
ANALYSIS OF DIRECT COST8 Icontinuod)
Direct costs- DiTrcl costs-
Advancing
Relie
education and poverty or
personal
rinancial
dev•nl hardship
2022
2022
Total
funds
2022
Consultancy
Provi8KJn of goodslserv
7.2TO
7.270
35.684
35, S84
7,270
42,954
10. AUDITORS. REMUNERATION
2023
2022
Feas payable lo the Comp8nls auditor for th8 audrt of th8 Companrfs
annual accounts
7,8LKI
11. TRUSTEES. REMUNERATION AND EXPENSES
During tha year. no Trustees rwed any r¢murterat￿n orother benefits12022,. £Nifj.
Duriro th8 year ended 30 June 2023, rK• TNstee expenses have teen incuTrd12022.' £N￿).
Page 21

TrIE DEBRA REISS FOUNDATION
IA Company Umlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
12. FIXED ASSET INVESTMEPUS
Othèr fixed
Trado
Investments Investments
Totsl
Cosi or valuatlon
Al 1 July 2022
Addlions
Diswsals
Revaluations
4.515,689
3,769,386
14.080,0941
185,8751
1.594.858
119,070
6,110,547
3,888,456
14,080,094)
185.875)
At 30 June 2023
4,119,106
1,713,928
5,833,034
Net book value
At 30 June 2023
4.119.106
1,713.928
5,833.034
At 30 June 2022
4,515,689
I,￿4,858
6, 110,547
13. DEBTORS
2023
2022
Due wlthln one year
Other debtors
Prepayments and accnjed income
250.C
298
250,298
14. CREDITORS: Amounts falling due vhthln one year
2023
2022
Other Gr￿ltorS
Accruals and (J8ferr8d inc￿&
32
16,200
16.297
7,832
Pwje 22

THE DEBRA REISS FOUNDATION
{A Company Llmlted by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
15. STATEPAIENT OF FUNDS
STATEMENT OF FUNDS- CURRENTYEAR
Balance at I
Juty 2022
Galnsl Balancè at 30
Expèndlturé (Losses)
Juno 2023
Income
Unrtsstrlcted funds
Reserves
6.995,769
440￿1
1235,579) 1133.4971 7,067,494
STATEMENT OF FUNDS - PRIOR YEAR
Balan￿ 81
l Juty 2021
Gain
Balanc8 at
(Losses) 30 June 2022
InL¥)me E¥pendilure
Unrgstrfctgd funds
7.484,589
237,599
(125,028) (601,391) 6,995, T69
16. RELATED PARTY TR4NSACTIONS
During th8 prior year, the charitabl8 Corrpany entered into a agreement with 8 conn&cted company
in order to access warehouse facilities to 8ssisI wth the sorbng of goods for donation lo other
organisations. This was for a peppercom rent. As this constitutes donated facilities, an adjustment ha8
been rnade lo recognise the donation and equNalent eypense of £72,74012022.' £Ni4.
The charitable Company has ncl entered into any relal&Y paty tranSaCt￿nS during the year, nor are there
any outstanding baLqnces cwing betrveen related parties arKI ihe charitable Company al 30 June 2023
{2022.. £Ni4.
Pago 23