Reglstered number: 10237698
Charlty number: 1169323
THE DEBRA REISS FOUNDATION
(￿cOmpan￿-LlMlted by Guarante6) --
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
CONTENTS
P8ge
Reference and Administrative Details of the Company, its Trustees and Advlsers
Trustees, Report
Ind_ependent Audltors, Report on the Flna_nclal s.tate_ments
7-10
Statement of Flnanclal Activlties
Balance Sheet
12
Not68 to the Financial Statements
13-22

THE DEBRA REISS FOUNDATION
(A Company Limlted by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 JUNE 2024
Trustees
D, A. Reiss
D. R. Reiss
Company reglstered number
10237698
Chartty raglstered numbar
1169323
R8gistered office
First Floor, White Lion House, 64a Highgate High Street, London, N6 5HX
Independent audltors
Wild8r Coe Ltd, 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL
Page 1

THE DEBRA REISS FOUNDATION
IA Company Limited by Guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 JUNE 2024
The Truste68 pr8s8nl Iheir annual report together with the audited financial statements of The Debra Reiss
Foundation (the 'Company') for the year 1 July 2023 to 30 June 2024. The Annual Report serves the purposes
of both a Trustees, Report and a Directors, Report under company law. The Trustees confirm that the Annual
Report and financial statements of the charitable company comply with the current statutory requirements, the
requirements of the charltsble companvs governing document and the provisions of the Statement of
Recommended Practice ISORP) applicabl& to charities preparing thgir accounls in aC￿rdance with th8
Financial Reporting Standard applicable in the UK and Republic of Ir81and (FRS102) (effective 1 J8nuary 2019).
Since the Company qualifi@s as small under section 382 of the Companies Act 2006, the Strat8gic R8POrt
requlred of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
Objectives and activltles
. POLICIES AND OBJECTIVES
The principal obj8Ctivg8 of the charity as set out in the governing document are..
To asBl8t in such ways as th8 charity thinks fil any charity whose aims include advancing education of
persons in the UK or worldwide by developing their individual capabilities, competences, skills and
und8rst8nding in subjects of education81 value or in developing their mental, physical and moral capabilities
through leisure lime activities.
To relieve poverty or financial hardship in the UK or worldwide by providing grants, items and services lo
individuals in need andlor charities or oth8r organisations working to r8lieve poverty.
To develop the capability and skills of Socially disadvantaged communities in the UK in such a way that they
are better able to identify and help meet their needs and to partl¢lP8te more fully in society by the support of
and providing grants and donations to charities whose objectives include these aims.
To promote public health in the UK and worfdwide for the ben￿lt of the public by providing assistanc8 and
grants to other charities and organisalions working in the field of medical research and advancement. and
To promote humane behaviour tawards animals by assisting or providing donations or grants to charity or
organisation which is providing donations or grants to any charity or organisation which is providing
appropriate care, protection, treatment and security or animals which are in need cf care and attention by
reason of sickness, maltreatment, poor circumstsnces or ill usage and to educate the public in matters
pertaining lo animal welfare and the prevention of cruelty and suffering among animals.
b. PUBLIC BENEFIT
The Trustees confirm th8t they have, in the administralion of the charity, paid due regard to the public benefit
guidance published by the Charity Commission under section 4 of the Charities Act 2011,
Page 2

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Achievements and perfomianc@
a. REVIEW OF ACTIVITIES
Historic donations 8nd subsequent income re￿iVed wa8 invested across 3 investment funds during 202412023..
There are 3 investment funds in
lace at the year end. In addition, funds have been invested into brid
faGilitl8s of which th6r8 are 2 in place at the year end.
In
Donations to other charities totalled £8,500 (2Q23.- £9, 075). It is expected that further donation8 will be made in
2025 for the furtherance of the charitys objectives,
The charity also undertook charttable activities directly including donating items to a local homeless shelter
through the Synagogue Food Bank as well as donating fO0￿ear to various schools in Brent, Barnet and
Harringay. Costs incurred relating to this activities lota118d £26,254 (2023.. £58, 176)
b. INVESTMENT POLICY AND PERFORMANCE
The Trustees have considered the options available and have decided to invest Ihe funds they have received by
way of donations in commercial common investment funds as well as other funding solutions to obtain long term
return on inv88tments,
Trustees Glosely monitor the performance of investments and make changes as neessary, Risk profiles are
agreed with each investment fund in advance.
Financlal revlew
a. GOING CONCERN
After making 8ppropriale enquiries, the Trustees have a reasonable expectation that the Company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue to adopt the going concern basis in preparing the financial statements. Further details regarding the
adoption of the going concem basis can be found in the accounting policies.
b. RESERVES POLICY
The current reserve policy is to protect the Companls charitable property, including the investments held and to
séek to ensure th8 solvency of the company. The Trustees continue to follow a rese￿e8 policy which reflects
Ihe precise risks and oth8r circumstances ofthe time.
The total funds held al the year end are £7,727,330 (2023.- £7,067,494). All funds are unrestricted,
c. PRINCIPAL FUNDING
The principal fvnding of the Comp8ny has the investment income received on funds arising from donations
made in earlier periods. It is intended that these funds should assist with the charitable purpose of the charity for
number of years.
d. MATERIAL INVESTMENTS POLICY
The mal8rial investm8nts of the Company ar@ its inv8Stments in various share portfolios. The policies relating
thereto and their performance is dealt with in the accounting palici88 and not6S to tha accounts.
Page 3

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Structur&, governance and management
. CONSTITUTION
The Company is registered as a charit8ble company limited by guarant8e and was set up by a Memorandum of
Association on 17 June 2016.
The Company's ch8ritable number 18 1169323 and its r8gist@r8d company numbgr is 10237698. Th8 Company
is registére
att
owing 8ddress',
First Floor
White Lion House
64a Highgate High Street
London
N6 5HX
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the Company is the responsibility of the Trustees who are elected and ¢o-opted under the
t8rms of th8 Articl8s of Association.
Trustees are appointed at the discretion ot the acting trustees at the Annual General Meeting.
c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
There is no set policy in place for th8 induction and training of new trustees and this 18 arranged as required.
d. PAY POLICY FOR SENIOR STAFF
All directors, who are also trustees of the charity, give their time freely and no director re￿iVed remuneration in
the year.
e. ORGANISATIONAL STRUCTURE AND DECISION MAKING
The board of Trustees with a minimum of Iwo members, administer the charity.
The Trustees who served during the year were as follows.,
D. A. Reiss
R. J. Reiss (de￿aseC1 22 January 2024)
D. R. Reiss
The Company's auditors are Wilder Coe Ltd, Chartered Accountants & Stalutcry Auditors, 1st Floor Sackville
Hous8, 143-149 F8nchuroh Street, London, EC3M 6BL.
f. RISK MANAGEMENT
The Trustees have assessed the major risks to which the Company is exposed, in particular th08e related lo the
operations and finances of the Company, and are satisfied that systems and procedures are in Pla￿ to Mitigate
exposure to the fflajor risks.
Page 4

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
TRUSTEES, REPORT ICONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Plans for future periods
a. FUTURE DEVELOPMENTS
Th8 Debra Reiss Found8tion predominantly donates brand n6w clothing essentials to underprivileg6d primary
school children in the local 8reas. For exarnple, In previous years we gave out over 2,500 keep warm kits which
included a hat, snood, thermal vest, gloves, all In a re-usable bag. We also donat8d thousands of brand new
trainers, plimsolls and fleece lin8d winterjackets d&p8nding on the need of the schools.
Additionally, 18St year we gifted a charty hundreds of winter jackets which were sent to different locations for
those in need.
In the future we are looking to expand the amount of don8tions and give out more essential clothing15hoes to
those in need, This SummerlAutumn we have, so far in the schedule, a plan to donate thousands of winter
jackets and sh08S.
W8 our working more directly with charity organisations, such as GIFT, Sebbls Corner, various Food Banks
and other UK based charities. Additionally, we will keep working with both Bam8t and Haringey Councils and
primary schools directly in the local area in-line with the charitabl8 objectives.
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for
pr8paring th8 Trustees, Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice)
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the
Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view
of the stsle of affairs of the Company and of its incoming resour￿$ and application of resources, including ts
incom8 and expenditure, for that period. In preparing these financial statements, th8 Trustees are requir8d to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP (FRS 1 D21-
make judgments and accounting estimates that are reasonabl6 and prudent.,
state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any
material departures disclosed and @xplained in th& financial statetn8n15-, and
prepare the financial slatements on the going concern basis unless tt 18 inappropriate to pr8sum8 that the
Company will continue in business.
The Trustees are responsible for keeping adaquate accounting records that are sufficient to show and explain
the Company's transactions and disclose with reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financial slatemenls comply with the Companies Act 2006, They
are also responsible for safeguarding the assets cf the Company and henca for tsking reasonable steps for the
prevention and detection of fraud and other irregularities.
DISCLOSURE OF INFORMATION TO AUDITORS
Each ofthe persons who are Trustees at the time when this Trustees, Report is approved ha8 confinned that,,
so far as that Twstee is aware, there is no relevant audit information of which the charitls auditors are
unaware, and
- that Trustee has tsken 311 the steps that cughl lo have been taken as a Trustee in order to be aware of
any relevanl audit information and lo establish that the charitls auditors atE aware of that information.
Page 5

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
TRUSTEES, REPORT (CONTINUED>
FOR THE YEAR ENDED 30 JUNE 2024
AUDITORS
The auditors, Wilder Coe Ltd, have indicated their willingness to continue in office. The Designated Trustees will
propose a motion re-appointing the auditors at a meeting ofthe Trustees.
In preparing this report, the TTust688 have taken advantage of the small companies exemptions provided by
section 415A of the Companies Acl 2006.
This rapoit was approve
nd signèd on (heir b8half
ti. A. Relss
Trustee
Page 6

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
OPINION
We have audited the financial slatemenls of The Debra Reiss Foundation Ilhe 'charitable company'l for the year
ended 30 Jun& 2024 which comprise the Statement of Financial Activities, the Balance 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 'Tha Financial Reporting Standard applicable in the UK
ctRepu&li0of_IrB.lan£L(Unitg£lJ£lrJgdot￿&&ne.tajly￿aoORte￿AG0¢￿￿ljng_PtaC1IGR),
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 30 June 2024 and of its
incoming resources and application of resources, including its income and expenditure ft)r the year then
encled,,
h8ve been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice" and
have been prepared in accordance with the requirements of the Charities Act 2011.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our r6sponsibilities under those standards are further described in Ihe Auditors, responsibilities for the audit
of the financial statements se¢tion of our report. We are independent of the charitable company in accordance
with the ethical requirements that ar8 relevant lo our audit of the financial statements in the United Kingdom,
including Ihe Financial Reporting Council's Ethical Standard, and we have fulfilled our other elhical
responsibilities in accordance wilh these requirements. We believe that the audit evidence we hav8 obtained is
sufficient and appropriate to provide a basis for our opinion.
CONCLUSIONS RELATING TO GOING CONCERN
In auditing Ihe financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriale.
Based on the work we have performed, we have not identified any material uncertainlies relating to events or
conditions that, individually or collectively, may cast significant doubl on the charitable company's ability to
continue as a going concern for a period of at least Iwelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with r8spect to going concern are described in the
re18vant sections of this report.
Page 7

THE DEBRA REISS FOUNDATION
(A Company Llmlted by Guarantee)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
ICONTINUED)
OTHER INFORMATION
The other information comprises th& information included in the Annual Report other than the financial
statements and our Auditors, Report thereon. The Trustees are responsible for the other information contained
within the Annual Report. Our opinion on the financlal statements doe8 not cover the other information and,
except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance
DnclUsion_Ih£tRon_Qur_r&spoJL%ib.ility_ido..iea_the..o.t￿e￿nb.rmatEan￿￿d,-1n_.d0lng_SO.,-CQ￿dOl￿Iher1be
other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the course
of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or
apparent material misstatements, we 8re required to determine whether this giv&s rise to a material
misstatement in the financial statements themselves. If, based on the work we have perfonned, we conclude
that there is a materi81 misstatement of this other infomiation, we are required to report that fact.
We have nothing to report in this regard.
OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2008
In our opinion, based on the work undertaken in the course ofthe audit,.
the information given in the Trustees, Report for the financial year for which the financial statements are
p￿pared is consistent with the financial statements., and
the Trustees, Report has been prepared in accordance with applicable legal requirements.
MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION
In the light of our knowledge and understanding of the charitable company and its environment obtained in the
course of the audÈt, we have not identified material misstatements in the Trustees, Report.
We have nothing to report in respect of the following malters where the Charities (Accounts and R6portsl
Regulations 2008 requires US to report to you rf, in our opinion..
adequate accounting records hav8 not been kept, or returns adequate for our audit have nol b8en received
from branches not visited by us; or
th8 financial statements are not in agreement with the accounting records and returns,. or
certain disclosures ofTruslees' remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit; or
the Trustees were not entitled to prepare the financial statements in accordance with the small companies
regime and take advantsge of the small companies, exempticns in preparing the Trustees, Report and from
the requirement to prepare a Strategio R8POrt.
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the Trustees, Responsibilities Statement, the Trustees {who are also the directors of
the charitable company for the purposes of company law) are responsible for the preparation of thé financial
stal8ments and for being satisfied that they give a true and fair view, and for such internal contro1 as the
Trustees determin8 is necessary lo 8nab18 the preparation of financial statements that are free from material
misstatement, whether due to fraud cr error.
In preparing the financial stslements, -the Trustees are responsible for assessing the charitable comp8ny's
abilty to continue as a going concern, disclosing. as applicable, matters related to going concem and using the
going concern basis of accounting unless the Trustees either intend to liquidate th8 charitable company or to
cease operations, or have no realistic alternative but to do so.
Page 8

THE DEBRA REISS FOUNDATION
{A Company Llmlted by Guarantee
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE DEBRA REISS FOUNDATION
(CONTINUED)
AUDITORS, RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
Our objectives are to obtain reasonable assurance aboul wh8th&r the financial statements as a who18 ar8 fr8e
from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our
opinion. Reasonable assurance is a high level of assurance, but 15 not 8 guar8ntee that an audit conducted in
accordance with ISAS (UK) will always detect a material mis8tat8ment whèn it 8XlSts. Misstatements can arise
rom fraud or error and are consifrnerial-ifindividually or in the aggrega
ere
ma
e hey could reasona
8XP8Cted to influence the economic deci8ion8 of users taken on the basis of these'financial statements.
Irrégularities, including fraud, are instance8 of non-complianc8 Wlth laws and regulation8. We design
procedures in line with our responsibilities, outlined above, to detect materlal misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of d8t8cling irregularities,
including fraud is detailed below..
Discussions with and enquiries of management and those charged with governance were held with a view to
identifying those laws and regulations that could be 8xpected to have a material impact on the financial
slatemenls. During the engagem8nt t&am bri8fing, the outcomes of these discussions and enquiries were
shared with the team, as well as consideration as to where and how fraud may occur in the entity.
The following laws and regulalions were identifi8d as being of significance to the entity,
Th08e laws and regulations considered to have a direct effect on the financial statements include UK
financial repcrting standards, company law, and charty legislation.
Those laws and regulations for which non-compliance may be fundamental lo the operating aspects of the
business and th@r8for8 may have a material effect on the financial stal8m8nts.
Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and
non-compliance with laws and regulations) comprised of.. enquiries of management and those charged with
govemance as lo whether the entity complies with such laws and regulations, enquiries with the same
Concerning any actual or potential litig8tion or claims. review of minutes. testing the appropriateness of journal
entries,. and the performance of analytical review to idenlify unexpected mov8ments in account balance8 which
may be indicative of fraud.
No instances of maleiial non-compliance were identified. However, the likelihood of d8t8cling irregularities,
including fraud, is limi18d by the inh6rent difficutty in detecting irregu18rities, the effectiveness of the entity's
controls, and the n8ture, timing and ext@nl of the audit procedures performed, Irregularilies that result from
fraud might be inherently more difficult to detect than irregularities that result from error. As explained above.
ther8 is an unavoidable risk that material misstatements may nol b8 det8cted, even though the audit has been
planned and performed in accordance with ISA5 (UK).
A furthèr dascription of our responsibilities for Ihe audit of the financial statements is located on the Financial
Reporting Council's website at.. www.frc.or
.uklaudilorsres
onsibilities. This description foms part of our
Auditors, 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 CoMpan￿S members, as a body, in accordance wth 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
1 st Floor Sackville House
143-149 Fenchurch Street
London
EC3M 6BL
29 April 2025
Page 10

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUND
FOR THE YEAR ENDED 30 JUNE 2024
Unrestrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Nota
INCOME FROM:
Donations and legacies
Investments
72,740
3S8,061
412,224
TOTAL INCOME
412,224
412,224
440, 801
EXPENDITURE ON:
Fiaising funds,,
Expenditure on Other activities
Investment management
Charit8ble 8Ctivities
9,780
107,316
36,254
9,780
107,316
36,254
70,023
49, 068
176,488
TOTAL EXPENDITURE
153,350
153,360
235, 579
NET INCOME BEFORE NET GAINSI(LOSSESI ON
INVESTMENTS
Net gainsl{losse81 on investm8nls
258,874
400,962
258,874
400,962
205, 222
(133, 497)
NET MOVEMENT IN FUNDS
659,836
659,836
71, 725
RECONCILIATION OF FUNDS:
Total funds brought forward
Net movement in funds
7,067,494
659,836
7,067,494
659,836
6,995, 769
71, 725
TOTAL FUNDS CARRIED FORWARD
7,727,330
7,727,330
7,067, 494
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 1310 22 form part of th8s8 financial statements.
Page11

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarante8)
REGISTERED NUMBER: 10237698
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Note
FIXED ASSETS
Investments
.URRENIA&SET&_
11
7,221,164
5, 833,034
Debtors
Cash at bank and in hand
12
298
522,668
298
1,250,459
522,966
1,250, 757
Creditors: amounts falling due within one
year
13
116,800)
(16,297)
NET CURRENT ASSETS
506,166
1,234,460
NET ASSETS
7,727,330
7, 967,494
CHARITY FUNDS
Unrestricted funds
14
7,727,330
7, 067,494
TOTAL FUNDS
7,727,330
7, 067,494
The Trustees acknowledge their responsibilities for complying with the requirem8nts of th8 Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provision8 applicable lo entities subj8cI to
thè small companies regim8.
The financial statements were approved and authorised for issu8 by the Trust9￿ on .
and signed cn their behalf by..
D. A. Reiss
Trustée
The notes on pages 13 to 22 form part of these financial statements,
Page 12

THE DEBRA REISS FOUNDATION
(A Company Llmlted by Guarantee
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
GENERAL INFORMATION
The Debra R6iss Foundation (company number.. 102378981, having its registered office and principal
place of business at First Floor, White Lion House, 64a Highgate High Street, London, United Kingdom,
Ne 5HX, 18 a private charitable company limiled by guarantee incorporated in England and Walès,
ACCOUNTING POLICIES
2.1 Basis of preparatlon of flnanclal statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 1 D21
Accounting and Reporting by Charities,. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard appliGable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006.
The Debra Reiss Foundation meets th8 d8finition of a public benefit entity und8r FRS 102. Ass8ts
and liabilities are initially recognised al historical cost or transaction value unless othe￿iSe stated in
the relevant accounting policy.
2.2 Company status
The Company is a company limtted by guarantee. The members of the Company are the Trustees
named on page 1. In the event of the Company being wound up, the liability in respect of the
guarantee is limited to £10 per member of the Company.
2.3 Income
All incom8 is recognised once the Company has entitlement to th8 income, it 18 probable that the
income will be received and the amount of income receivable can be measured reliably.
Donated professional S6￿1ceS and facililies are recognised on reciept, on th8 basis of the value of
the gift to the Company which is the amount it would have been willing to pay to obtain the servic8s
or facilities of equivalent economiG benefit on the open market,. a corresponding amount is then
recognised in expanditure in the period of reciept.
2A Expendlture
Expenditure Is r8cogni5ed once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and Ihe amount of the obligation can be measured reliably. Expenditure is classified by
activity The costs of each activty are made up of the total of direct costs and shared costs,
including support costs involved in undertaking e8ch activity, Direct costs attributable 10 8 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 wtth the use of resources. Central staff costs are allocated on the
basis of time spent.
Fundraising costs are those incurred in $68king voluntary contributions and do not includ8 the costs
of diS￿minatIng infomation in support of the charitable activities.
Costs of generating funds are costs incurred in al1￿CtIng voluntary income, and those incurred in
trading activities that raise funds.
Page 13

THE DEBRA REISS FOUNDATION
{A Company Limit6d by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES (CONTINUED}
2.4 Expenditure (contlnuedl
Charitable activities and governance costs are costs incurred on th& Company's operations,
including support costs and costs relating to the governance of the Company apportioned to
charitsble activities.
2.$ Investments
Fixed asset investments are a form of financial instrument and are initially recognis8d at their
transaction cost and sub88qU8ntly measur8d at fair value at the Balance Sheet dat8, unless the
value cannot be m8asured reliably in which case it is measured at cost less impaimient. Investment
gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses)
on investments, in the Statement of Financial Activitias,
2.6 Interest receivable
Interest on funds held on deposit is included when r8C8ivab18 and the amount can be measured
reliably by the Company., this is normally upon notification of the interest paid or payable by the bank,
2.7 Debtors
Trade and other debtors are recognised at the settlement amount afler any trade discount offered.
Prepayments are valu8d at th8 amount prepaid net of any trade di8count8 du8.
2.8 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 date of acquisition or opening of the deposit or similar
account.
2.9 Liabilities and provlsions
Liabilities are recognised when there is an obligation at th8 Balanc8 Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably. Liabilities are recognised al the amount that the
company anticipates it will pay lo settle the debt or the amount it has received as advanced
payments for the goods or services it must provide.
2.10 Financlal Instruments
The Company only has financial assets and financial liabilities of a kind that qualify 8s basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequentty measured at their settlement value.
2.11 Taxatlon
The Company is considered to pass the tests set out in Paragraph 1 Schedule 8 of the Finance Act
2D10 and therefore it meets the definition of a charitsble company for UK corporation tax purposes.
Accordingly, the Company is potentially ex8mpt from taxation in r&sp6Ct of income or capital gains
received within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Aot 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains 8re
applied exclusively to charitable purposes.
Pag8 14

THE DEBRA REISS FOUNDATION
IA Company Limitod by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ACCOUNTING POLICIES (CONTINUED)
2.12 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of Ihe general objectives of the Company and which have not been designated for other
purposes.
2.13 Statement of Cash Flows
The charltable company 18 exempt from the requirement to produce a Statement of Cash Flows on
the grounds that it is a small charily.
INVESTMENT INCOME
Unrestrlcted
funds
2024
Total
funds
2024
Investment income - dividends from listed investments
Investment income - local cash
Investment income - interest on other investments
239,011
6,341
166,872
239,011
6,341
166,872
412,224
412,224
Unrestricted
funds
2023
Total
fvnds
2023
Investment income- dividends from listed investments
Investment income- local cash
Investmgnt income- interest on other investments
238,266
1,667
128, 128
238,266
1,667
128, 128
368,061
368,061
Page 15

THE DEBRA REISS FOUNDATION
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ANALYSIS OF EXPENDITURE ON FUNDRAISING ACTIVITIES
Unrestricted
funds
2024
Total
funds
2024
Investment m8na
ement fees
Amounts written off investments
Support costs (note 5)
Governanc& costs (not8 5)
37,874
69,442
960
8,820
37,874
69,442
960
8,820
117,096
117,096
Unrestricted
funds
2023
Total
funds
2023
Investment management fees
Support costs (note 5)
Governance costs (nole 5)
49,068
1,623
8,400
49,068
1, 623
8,400
59,091
59,091
P8g8 16

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ANALYSIS OF SUPPORT AND GOVERNANCE COSTS
General Governance
support
function
2024
2024
Total
funds
2024
Auditors, remuneration
Bank charges
Subscriptions
Sundry
8,820
244
962
(246)
962
(246)
960
8,820
9,780
General
support
2023
Govemance
function
2023
8,400
Total
funds
2023
8,400
302
Audilors, remungration
Bank charges
Subscriptions
Sundry
302
869
452
869
452
1, 623
8,400
70,023
Pag8 17

THE DEBRA REISS FOUNDATION
IA Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Grants to
Institutions
2024
Total
funds
2024
Advancing education and personal development
Relieve poverty or financial hardshlp
Supporting disadvantaged communities
Promotion of public health
500
4,000
1,750
2,250
4,000
1,750
2,250
8,500
8,500
Grants to
Institufions
2023
Total
funds
2923
Advancing education and personal development
Relieve poverty or financial hardship
Supporting disadvantaged communities
Promotion of public health
6,575
I,OCRJ
1,500
6, 575
1, 000
1, 500
9,075
9,075
Page18

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Summary by fund type
Unrestricted
funds
2024
Total
2024
Advancing education and personal development
Relieve poverty or financial hardship
Supporting disadvantaged communities
Promotion of public health
500
31,754
1,750
2,250
500
31,754
1,750
2,250
36,254
38,254
un￿stricted
funds
2023
Total
2023
Advancing education and p8rsonal d8v8lopment
Reli8v8 pov8ty or financial hardship
Supporting disadvantaged communities
8,575
168,413
7,500
6,575
168,413
176,488
176,488
P8ge 19

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
ANALYSIS OF EXPENDITURE BY ACTIVITIES
Actlvlt18S
Grant
undertaken fundlng of
directly
activities
2024
Total
funds
2024
2024
Advancing education and personal development
Relieve poverty or financial hardship
Supporting disadvantaged communities
Promotion of public health
500
4,000
1,750
2,250
500
31,754
1,750
2,250
27,754
27,754
8,5QO
36,254
Activities
undert8kgn G￿nt funding
ditBcfly
cf aGtivrfies
2023
2023
Total
funds
2023
Advancing education and personal development
Relieve poverty or financial hardship
Supporting disadvantaged communities
6,575
1,000
1,500
6,575
768,413
1,500
167,413
167.413
9,075
176,488
AUDITORS. REMUNERATION
2024
2023
Fees payable to the Company's audvcor for the audit of the Company's
annual accounts
8,820
8,400
10. TRUSTEES, REMUNERATION AND EXPENSES
During the year, no Trustees received any remuneration or other benefits (2023.. £Ni4.
During the year ended 30 June 2024, no Trustee expenses have been incurred12023.' £Nil),
Page 20

THE DEBRA REISS FOUNDATION
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
11. FIXED ASSET INVESTMENTS
Other fixed
asset
Trade
investments investmants
Total
Cost_or_valuation
At 1 July 2023
Additions
Disposals
Revaluations
4,118,648
1,644,297
{653,173}
396,231
1,713,928
1,233
5,832,576
1,645,530
1653,1731
396,231
At 30 Jun6 2024
5,506,003
1,715,161
7,221,164
Net book value
At 30 June 2024
5,506,003
1,715,161
7,221,164
At 30 June 2023
4, 118,648
1, 713,928
5, 832,576
12. DEBTORS
2024
2023
Du8 Within on8 year
Prepayments and aGcrued income
298
298
13. CREDITORS.. Amounts falling due within one year
2024
2023
Other creditors
Accruals and deferred income
97
16,200
16,800
16,800
16,297
Pag8 21

THE DEBRA REISS FOUNDATION
{A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
14. STATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at 1
July 2023
Galnsl Balance at 30
(Losses)
June 2024
Incom8
Expenditure
Unrestrlctedfjunds
Reserves
7,067,494
412,224
(153,350)
400,962
7,727,330
15. RELATED PARTY TRANSACTIONS
During the prior year, th8 charitab18 Company entered into a le8se agr88m8nt with a connected company
in ord8r to access warehouse facilities to assist with the sorting of goods for donation to other
organisations. This was for a peppercom renl. As this constitutes donated faciliti8s, an adjustment has
was made to recDgnis8 the donation and equivalent expense of £Nil (2023.. £72,240).
The charitable Company has nol entered into any other related paty transactions during the year. nor ar8
there any outstanding balan￿$ owing b8Meen related parties and the charitable Company at 30 June
2024 (2023.. £Ni4.
Page 22