BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL44LAM
REPORTOF THE GOVERNING BODY
AND
THE UNAUDtrED FINANaAL STATEMEf4TS
FOR THE YEAR ENOED 31 DECEMBER 2023

BRITISH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
INDEX
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
Pages
Legal and administrative infom)atKsn
Annual Report of the Governing Bodv
3-9
Independent Exarninels ￿port
io
ststement of FinatTrcial Activtties
li
Balance Sheet
12
Notes to the financial statements
13-21
Patè not formln8 part of the financlal statement5
0et3iled Income and Expenditure Account
22

BRITISH FRIENDSOF NEVE SHALOM-WAHAT AL-SALAM
iEGALANDADMNISTrATIVE INFORMATION
FOR THE YEAR ENDED 310ECEMBER 2023
Trustees
Ms Sima Awad
Judge Laurence Brass (Chalrl
Slr Andrew Bum5 KCMG
Lady BurnsJP
Mr Tony Hyams (Hon Treasvrorl
Mrs Jenny Nemko
Mr Ghanem Nusèibeh
Mr Anthony Warshèw (Hon Secretsry
Dr. Jack Omer-jackaman
Llz Silman
Patrons
Ms Ahlam Akram
Or Margaret Breartey
Lady Dyson
Dame Louise Ellman
Maigaiet Fingerhut
Rabbi Helen Freèman
Slr Michael MorpurBo OBE
Ms Sa'lda Nusselbeh
The 8arone55 Perry of Southwark
Aabbi Dr Nctrman Solomon MA Ph.D. 8Mu5
DrTerry Walte CBE
The Lord Woolf of Barnes
Rabbl Alexandra Wrlght
Charlty reK15tered number
1171524
Prlndpal office
124 Uty Road,
London,
ECIV 2NX
E¥ecutl¥e Dlr•Ltor
Tal Arrowsmith

BRITISH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
LEGALAND ADMINISTRATJVE INFORMATION
FOR THE YEAR EfrIDED YI DE(fMBER 2023
IndependÈnt Exarnlner
M Koureas FCCA
Hetherington and Co
Chartered Certified Accountants
289 Grèen Lanes,
Palmers Green
London N13 4XS
Bankers
CAF Bank Limited
25 Kings Hlll
West MalllnE
ME19 4JQI

BRm5H FRIENDS OF NEVE SHALOM-WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees Ihèreinafter referred to as the Governin8 Body) subrnlt the annual report and the
vnaudited financial statements of Oas15of Peace UK (the Charltyl forthèyear ended 31 December2023.
Thè Governlng Body confirtn that the annual report and financial staternents of the Charity comply wlth
the Charitles Act 2011, the requirements of the Charity's goveming document and with the prov151ons
of 'Accounting and Reporting by Charltles,: Statement of Recommended Practlce applicable to Charitles
preparing thelr accounts In accordancè with the Financlal Reportlng St4ndard appIl￿ble In the UK and
Republic of Ireland IFRS 1021 èffertive Istjatiuary 2015- IChartt5es SORP IFRS 10211.
The Charfty operates under the name of Oasis of PeacE UK and Brltlsh Friends of Neve Shalom~ Wahat
al-salam.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Con5tttLrtlon and managemènt
Oasis of Pèace UK Is a Charitable Incorpoiated Organ15atlon ICIOI and ha5 a Constlttstlon 1.the
Con5titution"l approved bythe Charity Commission. It Is managed by the Go¥ernin£ Bodywhich meets
not less than fourtime5 o year.
Mèthod glappolntment and recrultmÉnt of Trustees
Under the terms of the Constitutltsn, trustees are nominated and elected at 8eneral meeting.
The Constitution allows a mlnimum of three trustee5. Sr* accordance with the Cofistltutlon, one thlrd of
thè trustÈés lorthe number nearest) retlre each year but are entttled to Stand for re-election.
Trustees may be removed at a general meetlng by a majorty of two thirds, pursuant to a resolutlon in
accordance with the Constitutlon atKI p<ovided that 14 days not1￿ ha5 been given.
Pollcles adopted forthe Induttitsn and tralnlng of Govemlng Body members
Normally, the Chairperson meets or otherwise communlcate5 With the candldatè and dlscusses wlth
them thelr applitation or Invltation to join the Governing Body. These people are usually alreadv
farniliar wlth Oa51s of Peace UK, havlng attended events or by having been Introduced by another
supporter. If the candidate is In agreemenL the Chalrperson wlll recommend the person to the
Governlng Body and wlll Invlte hlm or herto attend a tommittee meetlng as a guest. The candldate is
Iven a copy of the Constltution and Is afforded full acces5 to all financial inft3rrnatlon. If the candidate
expresse5 the wllllngness to joln. and If a majority of the Governing B(xlyvote5 affirmatlvely. the person
loinsthe Governlng Body as a co-opted Member, to be presentedforelection atthe nextannual 8eneral
meeting.
New member5 of the Goveming B¢Jdy are encouraged to vislt thè village of Neve Shalotn I Wahat al-
Salam Iherelnafter ¥eferred to as NSWaSI, elther by lolnlng one of thÈ annual vtslts organised by the
Charity or by attending the annual meeting of the Intèrnatioftal Friends. A5soc5atlon5 (the counterparts
of the Charity in Other countrles In Europe and North Americèl, whlch Lrsually takes place at NSWaS.
Altemat¢vèly, they can make their own private arrangements to visit If they are In Israel. Relevant
emalls and other communirations are exchanged amongst the Governing Body and the staff, enabling
all to partlclpate In deliberations.

BR￿15￿ FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
ANNUAL REPORT OFTHE GOVERNING BODY
FOR TME YEAR ENDED 31 DECEMBER 2023
The CharlW5 office regularly re￿iVeS infurrnation on courses organised by the DSrectory of Social
Change IOSCI, Charltle5Aid Foundation ICAFI and other professlonal organTsatlons.The Governlng Body
is cireulate(J on any that are relevant,. rnany of them are creatÈd èspecially for the governing bodies of
¢haritles.
The trustees who held office durOn8 the year were as follows..
Ms Slma Awad
Judge Laurènce Brass (Chalrl
51rAndrew Burns KCMG
Lady Burns JP
Mr Tony Hyams (Hon Trea5urerl
Mr Michael Mitzman- Reslgned25/05/2023
Mrs Jenny Nernko
Mr Ghanem Nuselbeh
MT Anthony Warshaw (Hon Secretary)
Dr. Jack Omer-Jack3man-Appolnted 2Y05/2023
Liz S￿lMan-AppO1￿ted26/o9/2O23
Judge Laurence Brass replaced Sir Andrew Burns as Chair at the AGM on 25th May 2023. Slr Andiew
Burns remains a trustee.
The trustees who werè appointÈd durlnB the year end and whg have also reslgned during the year are
as follows:
Dr Sullman Boulous-Appolnted 25/05/2023 & reslgned 03/07/2023
Flyaz Mu8hal-Appolnted25/05/2023 & reslqned 06/07/z023
RISK MANAGEMENT
The malor risks, to whlch ihe Charity Is exposed, as identified by the Governlng Body. have been
revlewed. The Reglster of Risks and the systems and safeguards e5tabllshed vla thÈ Risk Mana8emeTrt
Plan have been regularly revlewed and updated by the Governing Body. The risks identlfled under the
followlng headinB5 contlnue to be..
The environment In which we operate
Our premises, ￿(￿rds, and equipment
Our people
Our operations
Ourfinante5
The Risk Management Plan documentcan beobtalned by Interested parties on requesttothÈ Executlve
Direttor.

BR￿15￿ FRIENDS OF NEVE SHALOM~WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2023
OÈIECTIVES AND ACTFVITIES
Summary of objectlves
The Charlty's objects are to-
To advance the education of the publlr In general, but wlth particular referell￿ to
NSWaS in such way5 45 shall be thought fit but In partrcular by the provlslon of the
followlng..
lal Educational projects of both Jews and Arabs about NSWaS and the subjects olsocial
equality. cohe51on and unity and diver51ty;
Ibl Financlal or othèr support of the maIntenan￿, repalr or provision of educational or
other activities in NSWaS,.
Icl Scholarships and other flnancial asslsiance for both Jews and Arab5 to enable them to
attend courses or semlnars at NSWaS.
ThÈ promotlon of racial and religiou5 harmony forthe publit benÈflt by educatiftB the
public about NSWaS Bnd how its wort( has brought togÈtherthe Jewish and Afab
communitles in peace and harmonv.
ObJerttves and Actlvltles lor thè Publk Beneftt
The Governlng 8ody confirms that Its members have had due regard to the guidance Issued by the
Charity Comrri5slon on publfc benefit and that Ihey will contlnue to ensure that each year they will
c¢nsider how the members of the Governin8 body contlnues to mèet the publlc benefit objectlves
outllned In Section 4 of the Charlties Act 2011. The achièvernénts 3re set out in rnore detail on page 7
of thls report.
Mlsslon Statement
To benefitthe public interest, by 5UPPOrting NSWaS's schoo15 and educatlonal art1v1tlesflnancial￿. and
to ￿lSe public awareness In thè UK of NSWaS and the valLtes for which it stand& To achieve thls, the
Charity..
Supports NSWaS's edutstronal Institutlons fftnanclally throu8h donatlons and bequests from
indivlduals. grant5 fiom Trusts and Foundations, and fundraising events-
Is in regular contact wlth NSWaS's educational Institutlons and Secretariat:
Communlcates with Friend5 aS50ciatlons In other countries to assure that flnancial support for
NSWa5 is CD-ordinated,.
RaisÈs publlc awareness by comrnunlcatin8 informatlon about NSWaS and Its methods to a wlde
audlence In the UK-,
Cwperates with other UX charltles In support ofthe Charl￿5 Object￿e$,.
OTgani5es educatlonal tours In thè UK, brlnglng over representatives from the N5WaS vlllage to
Speak throughoutthe country: and
Afranges accompanled vlsltsto NSWaS

BRinsH FRIENDS OF NEVE SHALOM- WAHAT AL.SAL4M
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2023
Maln obièttivès for theyear
The Charfty's rnain goals for 2023 contlnued to be rai51n8 funds Iboth rèstritted and unrestrlctedl In
order to support chosen educatlonal programs and prolects at NSWaS.
thjr eflorts contlnued to focus on ralslng awarenèss 8mon8the Brltlsh public about the unique mlssSon
of NSWaS Ithevlllagel. It Is the only placÈ in Israel where Jews and Arab5 of lsr?eli citiienshlp, Including
Christians and Musllms. Ilvè together harmonlously as frlends, neighbour5, and equal partlclpants in
the Vlllage's governance. The Villa8e alm5 tu demonstrate that In Israel, it is posslble for Israell Jows
and Israeli Arabs to coexlst In the same community a5 equa15 and work towards raislng thelr chlldren
together.
The Chprlty has contlnued to provlde support to the School ft)r Peace, the Plurallstlc 5plrltual Centre,
and the Children's Educatlonal System. Thi5 SUPPOrt Is provided from nursery and pre-school.
klndergarten up untll prlmary school sixth 8rade, In a bllingual, binatlonal, and multlcultur81
envlronment. It's uniquÈ in thÈ country and caters to both Arab and jewish communlties. NSW3S Is
dèdicated to educatln8 the Israeli public abtjut PEace and tolerance, regardless of thelT religlous or
ethnlc background. Thls is now seen as even more important than ever following the tragtc events on
7th October 2023 and the ensuing escalation of the confllct.
Dvrlngthe yearthe Charity continued to pursue one of rts keyoblettlves to manage Its outreach events
effectlvely. The aim was to comblne fundraisin8 with Increasln8 public awareness of NSWaS's
educational programmes that the Charity supports. To achieve this, the Charity continued to rèsearch
potentlal newdonors. plating particular emphasis on charitable foundations and trusts io enhance the
efficiencyand effertlvenes5 of Its activlties.
Govemlng Bodrfs Strategy
The Chariws strate￿fOr achieving the above objectives tontlnued to focus on its awareness and
fiJndraSsing programmes.
The awareness programmes ère athieved as follows:
The Charlty sends ovt a regular newslètterto around 2,OCX) people acr055 the muntry vla
email and hard coples whère nÈcessary. The newsletter Includes news updates about the
Vlllage and Informatlon related to the Charlty. Additionally, Maltchlmp emalls are also sent
on a regular basls.
We have a website that Is regularty updated and adheres to Industry Stsndard5. It is equlpped
with a varlety of feature5 that make it highly functlonal.
We have also Implemerted an expanded soclal media strntegywhlch has resulted in
518nificantly increased engagement on Facebi)oL Twitter. and Instagram.
Ourfundralslng efforts include 5ubfflltting applications to foundatlons and trusts, as well as
sending personal letter5 and projett reports to all Brant donors. We also produ￿ annual
report5 for trus15 and foundation&
To support ourfundraisir8 Inftlatlves, we plan events throughout the year.

BRITISH FRIEND5 OF NEVE SHALOM-WAHAT AL-SALAM
ANNUAL REPORT OFTHE GOVERNINfj BODY
FOR THE YEAR ENOED 31 DECEMBER ZOZ3
Use of volunteers
The Chartty berbefits from the servlces of voluntèers to achleve Its objectives. Tasks carrled out by
voltrnteer5 include-
Facilltarlng introductions
Helplng at the CharSVs events
Pollcy and fundfaising research
Grant pollry
The Governing Body is diligent to ensure that the Charlty's funds are ￿ed in attordance with its
charltable objert5. Most programmes and projectssupported financially by the Charty aretlme4imited
or one-off grants to named NSWaS e¢Jucational Institutions, for partltular projects, rather than grants
to the Institutlons as general budgetary 5UPPOrt. The grants are almost always in response to speclflc
budgeted applicatlon5 from the Instltutlons. The Charity does not make grants which promise
contlnued funding In fvture years. (The exceptSons which arlse represent don8tion5 to the Charlty of
restricted funds earmarked for multl-year prcje¢ts.I
ACHIEVEMENTS AND PERFORMANCE
Revlewofperf¢vmance ooolnstobjertfves
Durlng thè yearthe Charlty held a number of events which continue(I to ralse awarene55 of the work of
NSWaS. The events Irjcluded..
The annual Rueff Lecture was held atJack50ns Lane in Hi8h8ate on November 30th 2023. A
rÉcord 125 In-person attendees tuned In to hear Rob Rinder MBE speakon the topic"How
Storfes of Humanlty Change How We Hear and Move Us Toward5 Pe￿".
The 2023 AGM was held in the pre5tlEloussurroundlngs of thÈ House of Lords whlch was kind
sponsored by Baroness Janet Whltaker on 25th May 2023 wlth 45 people in attendance.
5amah Salalme, the Wllage's communications dirertor. came to thè UK In May and met wlth
representstlves of the FCDOJ parliamentarlans, and a number of religlous and academlc
leaders. She was also the keynote 5peakerat our annual 8enÈral meetlng.
The charity ensured that ￿5 supporters were kèpt well-lnformed about NSWaS and the progres5 of the
educational programs that It supportÈd. It publE5hed an expanded magazine both In hard copy and
elettronlc format. whlch was cirtulated to a malllng Ilst of nearlytwu thousand reclpients. Addltlonallyi
It frequently sent emails to provide updates about events and make fundralsing appeals. The Charity
also used social rnedla to reach and engage a wider audlence.
Throu8h fundraising and awa￿neSS efforts, the Charity galned nèw mèmbers and increased finar¢clal
resources while protnrrtlng NSWaS mlsslon.

BRMSH FRIENDS OF P4EVE SHALOM- WAHAT AL-SAIAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR TrIE YEAR ENDED 31 DECEMBER 2023
PrI￿1p011￿ndlng sowcesondhow expendltuKe hus511PPOrted keyobJe¢tl¥es
NlneTrusts and Foundatlons 511PPOrted the Charity's wofk in 2023. Of these. tsvo Trusts and a number
of othèr donofs restrlrted thelr 8rants to 5peclffic projects to be carried out at N5Wa5. These are..
Prlmary School.. Operatlonal c05t5
School for Peace- Rebuilding Prolect & General Fund5
In the customary way, the donor5 have recehed reports on the complÈtèd projects In the course of
2023. Voluntarydonatlons Include ￿sOurceS gained. both rèstricted and unrestricted, a5 follows:
Major Trusts & Farnlly Trusts
Legacies
6S.850
179.786
Flnan¢lal posltlon
The results for the year are Set out on page 11. The Chèrr(v ènded the 2023 year wtsh an unrestricted
fund balance of £254,156 and a restrlcted fund balance of £119,384. The Charity provided grants
totalling £176,(K)O to NSWaS12022.. £125,2591 for the specrflc educational projects and programmes
Ilsted on Page 21. Durin¥theye3rthe Chartty ralsed £214,45512022-£52,77510l unrestrlcted revenues.
The Charlty also raised £112,94212022-E60,8061 of restricted revenue which were donated for speclflc
prolÈtts and programmes conslstentWTth the ChariiV5 m15sion. The totsl funds generated in 2023 were
£327,397 compared to £113,S81 in the previous year.
The Increase in expenditu￿ in the year was mainly due tts thè intrease In grants the Charlty provided
to NSWaS. The Charity ended 2023 wlth no long-term liabilitles, or wlth any fund5 in deflcit.
The Governlng Body was satlsfled with thè rÈsults and Is confldent in its capacity to cover Its runnin8
costs and provide sufficfjÈnt rÈserves as well as to provlde funding to meet its 5tsted oblectivÈs.
Reserves Pollcy
The workln£ fapltal rpserve pollry projects the amounts reqL*irÈd to achleve an orderly wlndlng up of
the Charlty In the event that its Incomln8 resources wÈrÈ InsufAclent to continue 5UPPOrting these
projects. Thls has been estimated by the Q>mmltree atsixmonths, worth of adrnin15trative and support
costs of the current operaiions. amounting to approxlmately £35,0￿. As noted above. the Charity
ended 2023 wEth un￿$trtCted fund reserves In excess of th15 level.
The resources of the Charlty ale always kept at h relatlvely modest level. Hente the Governing Body
considers It prudentto keep all funds In lowrlsk Interest-bearin8 bankaccounts, prlmarllyat the Charity
Ald Foundations BènL The Charlty has no intention toaccumulate lar8e re5erve5 byholdingon to fvnds
that were donated to support the Charlt¢s mission.

BRITISH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER Z023
STATEMENT OF THE GOVERNING BODY'S RE5PONSIBIUTIES
The trustees are responslble for preparingthe Trustee5' Annual Report and the linancial statements In
accordance wlth applicable law and Unlted Klngdom Accountln8 Stsndards Iunlted Klngdom General
Accepted Accounting Practice).
The law applKable to ¢haritie5 in Englalld and Wales requlres the twstees to prepare financial
atements for each financial year which 8ive a tiue and faFr view of the state of affalrs of the Charity
and of the incomlng resources and appllcatlon of resource5 of the charlty for that period. In preparlng
these financlal statements, the trustees are required to=
•select sultable accountlng pollcles and applythem conslstently,.
bserve the methods and prfn¢iples in the char￿leS 50RP-
•makelLtdgements Jnd estimates that are reasonable and prudent;
•5tate whether applicable accounting standards have been followed, subject to any deparbJie5
d55c105ed and explained in the ffnancial Statements; and
'prepare the accounts on a golng concern basls unless it is Inapproprlate to presume that the
charlty wlll contlnue In buslness.
The trustees are re5pon5ible for maintainlng proper accovnting records which disdosewith reasonable
accuracy at anytime the flnanclal position of the charityand to enable them to ènsurÈthat the account5
comply w￿h the Charttles Act 2011, the Charity (Accounts and Reports) Regulations 2008, and the
provislons of the trust deed. They are 3150 responsible for safeguardlng the assets of the charity and
hence for tsklng reasonable Steps for the preventlon and detection of f￿ud and other irre8ularltie5.
This report Wa5 approved bythe GovernlnB Body on 23 August 2024 and signed on Its behalf. by..
irflfv
MrTony Hyams IHon Treasurer and frusteel

INDEPENDENT EXAMINER'S REpoifT TO THE TRUSTEE5 OF THE
BRMSH FRIENDS OF NEVE SHALOM-WAHAT AL-SALAM
I report to the charlty trustee5 on my examination of the accounts of the Brltlsh Frlends of Nev
Shalom~ Wahat Al-salarn for the year ended 31st December 2023. which are Set out on page5 11
to 21.
Responslbllltles and basls of report
As the trustees of the Charityyou are responsible forthe pieporatlon of the accounts in accordance
Wlth the iequlrement5 of the Charltles Act 20111'the Att'l.
I report In respettgf my examlnatlon of the Charlty's accounts as carrled out under section 145 of
the 2011 Act. In carrylng out my examlnatlon I havefollowèd all appllcable Oirections given by the
Charity Commlsslon under sectlon 14515llbl of the 2011 Act.
Independent examlnerfs statement
Since the charltf gros5 Income exceeded £250.c￿ your examiner must be a member of a Ilsted
body in section 145 of the 2011 Act. I confirm that l arn qvalified to undertakè the examlnatlon
because l am a mÈmber of the Association of Chartere¢S Certified Accountants. which Is one of the
list￿ bodies.
I have completed my examination. I conflrrn that no material matter5 have come to my attÈntion
in connectlon wtth my Èxamlnatlon whlch gives me cause to belleve that In any material re5pert:
accountlng records were not kept In accordance wlth settion 130 of the 2011 ￿ or
the accounts do not accord wlth thè actountin8 records.. or
3. the accounts do not cornply wlth the applicable requlrements concernln8 Ihe forrH and
content of accounts set out in the Charities IAccount5 and Reports) Regul3tiort5 2008
other than any requiremènt that the accounts £iwe a'true and fair view whlch is not a
matter consldered as part of an Independent exarnination.
I have no concems and have come across no other matters In connection wlth the examinatlon to
whlch attention should be drawn In this report In order to enable a p¥oper understandlng of the
accounts tD be reached.
M Kou￿a$ FCC4
Hetherin8ton & Co
Chartered Certlfled Accountants
Second Flwr.
289 Green Lanes.
Palmers Green.
London N13 4XS
Dated- 23 August 2024
io

BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL-&4LAM
STATEMENT OF FINANCIAL ACtNITIES
FOR THE YEAR ENDED 31ST DECEMBER Z023
General
Fund
Restrirted
Funds
Total
2023
Total
2022
Note
INCOME AND ENDOWMENTS
Incomln8 resour¢Ès frLWn generated funds
Donation5 and legacies
192,888
112.942
305,830
107.172
OtherTradlng Attivities
8,050
8,050
4,525
Investment Income
13.517
13,517
Total
214,455
112,942
327 397
113.581
EXPENDITURE ON
Raising Funds
47,730
47.730
44,211
Charltable e¥penditure=
33,962
176,000
209,962
160,024
Total
I76.0￿)
257,692
204,235
Net Incomel lexpendfturel tor theyear
Transfer be￿en funds
132,763
163,0581
69,705
190,6541
Net Movement In ftinds lor the year
132,763
163,0581
69,705
190.6541
Total funds brought forward
121.393
182,442
303,835
394.489
Total Funds tarrled foTh¥ard
254,156 £
119.384 £
373.540 £
303,835
The note5 form part ofthese ftnanclal statements
li

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
BALANCE SHE
S AT31ST DECEMBER 2023
2023
2022
Note
FIXED ASSErs
Tanglble Assets
io
284
CURRENT ASSETS
Debtor5
Cash at and in hand
li
11,427
378,258
4,928
389,685
316,370
CREDITORS: Amt)unts fallln¥
du@ within one year
12
116,1461
12,819
NETCURRETrTh ASSETS
373.539
303.551
NET ASSETS
373.540
303.835
REPRESENTED BY-.
General Fund
Restrlcted Fund
15
15116
254,156
119,384
121.393
182.442
373,540
303,835
Approved on behalfofthe Governing 8udy on 23 August 2024 by..
. MrTorry HyJm5-HonoraryTreasurarand Trustee
The notes form part of these flnanclal statements
12

BRITISH FRIEND5 OF NEVE SHALOM-WAHAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENTS
fOftTHE YÈAR ENDEO 51ST DECEMBER 2023
ACCOUNTING POLiaES
The princlpal accountSng pollcles adooed In the preparatlon of tbe financial statements were as follows..
1.1 Bosls olArrountln
The flnancial statements have been prepared In accordance with thè Accountin8 and fleporting bycharltles..
Statement of Recommended Practlce applicable to Ch31itles preparing thelr accounts in accordance with the
Flnanclal Reporting Standard appllcable in the UK and Republicof Ireland IFRS 1021 leffectl¥e IstJaDuary 20151.
The Charities Art 2011 and appllcable regulations.
The flnancial ststements have been p￿pared underthe hlstorlcal c05¢ conventlon with items re(¢¥nised at c¢)st
ortran5artlon value unless otherwise ststed In the relew7nt notelsl to these accounts.
The Charlty meets the definltlon of a public bènefftt entlty. The flnanclal 5Eatements have been prepared underthe
historical cost conventlon with itern5 reco8nised at cost or transaction value unless otherwlse statÈd in the
relevant nDtelsl tothese accounts.
The Trustees have assessed whetherthe use of the 8olng concern basls is appropriate and have con51dered
P￿[blE events orcondltlons that might tast doubt on the abilityof the Charityto contlnue as a going concern.
The Trustees have assessed the impact the downturn In the 8lobal economy (including the cost of Iwing and
eneigy crlsisl may have on its forecast and prolertlons and have made thls assessment fora period of at least
¢*ne yearfrom the d#te of approving these financial statements.
The Charity has conclu¢Jed that It has Sufficient resources to continue in operatlonal existence for the
foreseeable future and consequentty it appioprfate to continue to adopt the golnÈ concern basis In prep3ri
its financial statemen
1.3 lftmme
Voluntary Income includlng donat(ons, 81ft& legacles or grants from varlous Indlvkluals. corporatlons and
charitable foundations are recognSsed where there is entitlemenL any tondition5 attached to the Itemlsl of
Income have been met. it Is probable thatthe Income wlll be ￿ceIved and the amount can bè measured rellabty-
Such Income is only deferred whefi..
al The danor spethe5 that the 8rant or donatlon rnu5t only be used In future atc¢untln8 period5.
bl The donor has Imposed condttlons whkh must be met beforethe charlty has uN￿nd[tIonal entltlement.
Income generated from fund ralsln8 events is recogn15ed when earned.
Incorne tsx recoverable In rela￿On to donations recel¥ed underBIft ald ordeeds of covenant Is recognlsed atthe
time of the donation.
l incornlng resources are ￿ported gross before expense&
For Legacles, entStlement Is taken as the earlier ￿the date on which etther. the charity Is aware that probate has
been sranted, the e5tste has been finalised and notiflcatlon has been made, orwhen a dlstribution15 recelved
from the estate. Receipt of a legacy In whole or in part Is only considèred probable when the arnount can be
measured rellabty and the tharity has been notllled of the executor'5 intention to make a dlstrlbutlon. Where
legacies have beer notrfied to the charTty. or the charity is aware of the 8rantlng of probate and the criterla for
Income recogn￿110￿ have not been met, then the le8acy is treated as a contlngent
13

BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL-￿lAm
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
ACCOUNTING POLICIES
IA Dontrted 5Erwl¢es ¢7ndJorllRles
Donated 5ervlces and donated f8cilities are recogn15ed a5 Income when the charity ha5 control over the
Item, any conditions a550clated wlth the donated item have been m*. thè recelpt of economlc benefit
from the use by the charity of the item 15 probable and that economlc benefit can be measured ￿lIablY by
the Governlng Body of Trustee5 U5in8 best estlmates..
1.5 lrterestrnreivoble
Interest on funds held on deposll Is Included when recÈivabl? and the amount can be measured rellably
by the charlty.. this is normally upon notift￿tIon of the Interest paid QT payable by the bank
1.6 Expendlture ondlffecovèmble VA T
Expenditure 15 recognised once there is a legal or constructlve obligation to make a payment lo a third
party, It Is probable that settlement wlll be requlred and the amount of the oNlgatlon Can bÈ Measured
reliably. Expendlture is (l￿51fied underthe followlng headlngs..
Cost of raising funds are those tosts incurrÈd in attractlng voluntsry intome.
Expendituré on charltable activltles Includes all dlrect Costs Incurred to furtherthe purpose of the
charitytogether wlth associated support costs.
Other expendlture represents those items not falllng Into any other headlng.
Grants payable refer to payments made to third partles In furtherancè of the charitable gblettive5 of the
Charity. Gr4nt5 are accounted for when elther the recipient ha5 a reasonable expeuation that they wlll
recelve a grant and the Governlng Body have agreed to pay the 8rant wlthout condltlon, or the reciplent
has a reasDnable expertation that theywlll recelve a grant and the condltlon attachlng to the grant Is
outside the control of the Goveming Body.
Pro¥lslon fwgrants are made when the intention to rnake a 8rnnt has bÈen ¢ornmunlcated to the
recipient unless there Is uncertainty abolrt elther the tlmingof the grant orthe amount of the grant
payable.
Irrecoverable VAT Is char8ed as a cost agalnstthe actlvlty forwhich the expenditure was Incurrèd.
1.7 faxotlon andmlscelluneotss
As the charity is a reglstered charity it is not Ilabl? to Intomètax on Its charltable acti￿tIeS land it
does not undertske any non<harltable tradlngl. The charity15 unable to recDver VAT, and all expenditure
Isthu5 Stated Inclu51ve of VAT where appll¢able.
Other policies are explained within the notes on specmc aspects of the accounts.
1.8 Allorutl¢M ofsupportcosts
Support costs are those functlons that 3551st the work of the charfty but do not directly undertake
tharltsble actlvities. Support ciJsts include Offi￿ costs, finance, personn21. payroll and governance costs
whlch 5UPPOrt the charity's activitlÈX. ThèsÈ costs have been allocated between cost of ralslng fund5 and
expenditure of charltable activities and the bases on whlch the support have been allocated are set out
in note 5.
14

BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENT5
FOR THE YEAR ENDED 31sr DECEMBER 2023
ACCOUPITING POUCIES
L9 Tanglblefixed ossets
All tangible fixed asset expenditure Is capita115ed at cost. PrO￿$10n is made for depreclatlon on all
tan8lbl@ fixed assets, at fates calculated to write off the cost orvaluation less resldual Wdlue of each
asset over its expected useful life as follows:
Office equlpment and furniture 25%.
1.10 Impo1m￿nt offved o55ets
At each reporting end date, the charlty revlews the carryin8 amounts of its tangible assets to detefmlne
whetherthere Is any tndication that those assets have suffered an impairment los& If any such indlcatlon
exlsts, the recoverable amount of the asset ts estlmated In orderto determlne the extent of the impairment
loss lif any).
1.11 ¢g5h 0ndc<￿h equfvolents
Cash and cash equlvalents Indude tagh In hand, deposlts held at call wlth banks, othershort-term Ilquld
investments wlth orlglnal maturitles of three rnonths or less, and bank overdrafts. Bank overdrafts 8re
shown wlthln borrt)win8s in Current Ilabllities.
1.12 Fln(vndollnstruments
The tharity ha5 elerted to apply the provlsions of Section Il'Baslc Flnancial Instruments, and Section 12
'Other Flnantlal In*ruments Issues, of FRS 102 to all of It5 financial instruments.
Financi31 Instruments are recognlsed In the ¢haritV'5 balance sheet when thp charfty becomes party to the
contractual provisions of the Instrument.
Flnanclal assets and Ilabilities are offseL wlth the net amounts presented In the financlal statements, when
there is a legally enforceable tight tQ Set off the recognised amounts and there is an Intentton to settle on a
net basis 01 to realise the asset and settlè the liability simultaneously.
1.13 Buslcjlnonclalossets
8asi¢ financial a55ets, whlch include debtors and cash and bank balances. are initially measured at
transaction PTire Including transactlon costs and arÈ subsequeTrtty carrled at amort15ed c05t uslngthè
tffertfve Interest method unless the arrangement constltutes a firtanc4n8 transactlon, where the transactlon
15 measured at the present value of the future receipts dlscounted at a market rate of interest. Financial
assets classiffted as recelvable withln one year are not amortised.
1.14 8trsltflnundplllablllUes
Basic flnancial liabilities, including creditors and bank loans are initially recognised attransattron prSce
unle5S the arrangement constitute5 a financlng transactlon, where the debt instrument is measured at the
present value of the future payments discounted at a market rate of Interest. Financial Ilablllties cla551fied
a5 payable wlthln one yearare not amortised.
Debt instruments are subsequently carrled at amorti5ed c05t, uslng the effertlve Interest rate method.
Trade (redltors are obligatlons to pay forgoods or senrfces that have been acqulred In the ordinary course
of operations from supplleis. Amount5 payable are classified as current liabilitrÈs If payment is due within
one year or less. If not. they ate presented a5 non<urrent liabllitiÈs. Trade credStors are recogni5ed inltlally
at transactlon prlcè and Subsequently measured at amortl*d c05t usln8 the effectlve Inte￿st method.
15

BRrrisH FRIENDS OF NEVE SHALOM-WANAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENYS
FOR THE YEAR ENDED 31ST DECEMBER 2023
AccOUP￿1￿6 POUCIES
1.15 Dere¢oynltion oAfin¢7nciDIIAabMltles
Flnancial Ilabllitle5 are derecogni5ed when the Charity's contrartual obligatlons explre or are dlscharged Dr
cancelled.
1.16 Leoses
Renta15 paid under operatlng leases are charged to the Statement of Flnanrial Actlvltles In the period to
which they relate.
L17 Employee benellts
The cost of any unltsed holidayentltlement Is recognlsed In the perlod in whlch the employee's servlces are
recelved.
Terminatlon beneffts arè retognlsed Immedlately as an expErise when the charity is demonstrably commlttèd
to termlnate the émployment of an employee or to provlde termlnatlon benefits.
Rgtlrementbenefits
Payments to defSned contributlon retirement benefit schemes are charged as an expense as they fall due.
1.18 FundaKountlno
Unrestrlcted funds are avallable to spènd on activltles thatfurther any of the purposes of the charity-
De51gnated funds are unrestrlctèd funds of the charlty which the Trustees have declded attheir discretlon to
Set astde to use for a specifi¢ purpose.
Restrlcted funds are donations which the donor has specified awe tg be Sole￿ used for particular areas ot
the charity's work or for specific prajÈcts belng undertaken by the charity.
1.19 Crftlcalottountlftg esumotes andludgements
In the appllc4tlon of the charlty's accountlng policles. the trustees are requlred to makelud8ements,
estirnate5 and assumptlons about the carrying amounl of assets and Ilablllties that ore not readily apparent
from other sources. The estlmates and associated assumptions a￿ based ofi historlcal experience and other
factois th* are consldered to be relevant. Actual results may dlfferfrom these estlmates.
The estlmates and undedySn8assumptlons are reviewed on an ongolng basis. Rev151ons to accounting
estimate5 pre recogni5ed In the period in which the estimate Is revlsed where the revlslon affects only that
peilod. or in the period of the revlsion and future perlods where the revision affects both current and future
perlods.
1.20 Fortlgn exrhqnge
Assets and Ilabllitles In forelgn currencies are are translated into stefling at the ratss of exchange rullng at
the balance sheet date. Transactlons in forelgn currencie5 are translated into sterflng at the rate of exchanEe
ruling at the date of transaction. Exthange dlfferences are taken into account In arrlvlng at the operating
result.
16

8RITtSH FRIEND5 OF NEVE 5HALOM-WAHAT AL-SAiAM
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
DONAnONS AND LEGACIES
General
Fund
Restrirted
Funds
Total
2023
Totsl
2022
Donatlons from
Ind]￿dy31$, charltable tr￿tS
nd other Instltutlons
63,102
62,942
126,044
97.172
Le8acles
129,786
50,QOO
179,786
10,000
192,888
112,942
305.830
107,172
TRAIXNG ACTIVlnES
General
Fund
Restrftted
Fund5
Total
2023
Total
2022
Events, concert, v151ts etc.
8.050
8.050
4,525
4,525
8.050
INVESTMENT INCOME
General
Fund
Restrkted
Funds
Total
2023
Totsl
2022
Bank Interest
13,517
13,517
13,517
13,517
1.884
17

8RttlSH FRIENDS OF NEVE SHALOM.WAHAT AL-SALAM
NOTESTO THE FINANCIAL STATEMENTS
YEAR ENDED 315T DECEMBER 2023
ALLOCATION OF SUPPORT COSTS (INCLUDING GOVERNANCE COSTS)
The charlty Inltlally identifies the cosls of its support functlon> It thèn identifies those costs whlch relate
to the governance funrtion. Havlng Identified Its govern4nGe ¢ost5. the remalnlng support costs are
apportioned between charltable attwfties undertaken In the year. Refer to the table below for the b8sSs of
apportlonment and the analysis of support and 8overnance costs.
Basls of
IlocatiDn
Support
Costs
Total
2023
Total
2022
Governance
staff c05t5
Independent examiners fee
Trustees meetlngs
Communitation
Printin& posta8e and stationery
Premlses costs
Oepteclation
Bookkeeping
Travelling costs
Other costs
Time
15,171
7,482
5,150
766
22,653
5,150
766
5,898
572
4,666
193
2,676
388
994
43,956
2L042
4,830
i.iii
4,955
47
10,463
94
2,370
142
1.043
46,097
USa8e
usage
U5Hge
Usage
Usage
usage
Usa8
usage
usage
5,898
572
4.666
193
2,676
388
994
30.558
13.398
COST OF RAISING FUNDS
General
Fund
Restricted
Funds
Total
2023
Total
2022
DirÈtt staff costs
Dlrett costs of event5
Allocated 5UPPOrt costs
13A59
15,111
19,150
13,469
15.111
19,150
12,980
11,155
20,076
44,211
ANALYSISOF CHARITABLE EXPENDrniRE
Information
and
educatlon
Grant funded
activity
Total
2023
Total
2022
Grants-lsee note 91
Olrect costs- Staff
Dlrect C05ts- Other
Allocated support costs
176.ODJ
176,000
8,043
1.113
24.806
125,259
7.863
881
26,021
160,024
8,043
1,113
24,806
176.OCAI
33,962
209,962
For the year ended 31st December 2023. charltsble eXpendI￿re was £2CV).96212022.. E160,0241 ofwhlch
É17QCI)012022.. £125,259) was expen(lItu￿ from restricted funds.
18

BRFfisH FRIENDS OF NEVESHALOM.WAHAT AL-WM
NOTE5 TO THE FINANCtAL STATEMENTS
YEAR ENDÉD 31ST DECEMBER 2023
ANALYSIS OF GRANTS FUNDED
Restrlrted
Funds
GenÈtsl
Total
2023
Total
2022
Fund5
SFP General
21,673
Primo
school
Teachers Salaries
PS General
35.OLMJ
141,000
35,OC(S
141.0(X)
35.043
68,543
Pluorlistic
en
Pluarllsisc Splrltual Cèntre
176 000
176,Q)O
125,259
ANALYSIS OF STAFF cosrs
2023
2022
Salary
Recrultmeni Costs
Tr3iniTr8 costs
Penslon contrlbutlons
42,120
40,791
199
1.140
894
44,166
41,884
The aver38e number of employee5 durlng the year wa5 212022.. 21. No member of staff earned more
than £60,000. The Trustee5 did not receive any remuneratlon or beneflts In kind12022= £Nill.
Reimbursement of trustees expenses Is dlsclosed in note 17.
io TANGIBLE FIXEDASSETS
Office
Equlpment
Cost:
Balan￿ brought forward Istjanuary 2023
AdditlOll5 in the year
Di5posa15
At 31st December 2022
3.496
2,613
883
OepMd8tlon:
Balance brought fonvard lstjanuary 2023
Dlsposals In theyear
Charge for year
At 315t December 2022
3,212
12.3301
882
Net book value at 31st Decembér 2023
Net bookvalue at 31st Degmber 2022
284
19

BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL-5ALAM
NOTES TO THE FINANCIALSTATEMENrs
YEAR ENDED 31ST DECEMBER 2023
2Ct23
2022
li
DEBTORS
Taxation recoverable
Sundry debtors and prepayments
7.016
4.411
11,427
4,038
4.928
12
CREDITORS- AMOUNTS FALLING
DUE wrrHIN ONE YEAR
social security costs payable
Other credStots and acciuats
2023
2022
2,019
14,127
16,146
2,063
10.756
12.819
13
OPEMTING LEASE COMMITMENTS
At the reporting end date the charlty had out5tandlng commitments for future minimum lease
payments under nor-cancellable gperatin8 leases, whlch fall due Bs follows..
2023
2022
Withln one year
iii
iii
14
ANALYSIS OF NET ASSETS BETWEEN FUND5
Gènèral
Funds
Restricted
Funds
Total
Fixed assets
Current a55ets
Creditors
270,301
116,146
254,156
119.384
389.685
116.146
373.540
119,384
Is
FUNDS
Asat
1.1.2023
Incornlng
Resources
Outyoing
Resources
Inter-Fund
Transfers
31.12.2023
General fund5
121,393
214,455
181,6921
254,156
Restslcted
SthoolFor Peo
General
Graduates
RebuSld
2,500
2,500
2.3QO
2.300
Pl rllstic
irituulcentre
Progrnmmè for Rellglous Leader5
Prlma
Home teacherf5 Salary
General
Playground
Transportation
Psych Support
PS 2023 khorarships
729
181,457
250
35,(m
50,550
135,0001
1121.0001
735
111,007
250
20,000
2,592
120.0(N)I
2,592
303,835
327,397
1257,692
373,54Q
20

BRMSH FRIENDS OF NEVE SHALOM-WAHAT AL-5ALAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2023
16 RESTRicfED FUNDS
School For P
Generul SIP fund
Thi5 fijnd relate5 to donatlons restrictad to thÈ School for Peace but for no spedflc pro8ramme.
Rebulld Fund
ThÈ fund relates to monies specSflcally donated to aid the rebulld followFng the suspected arson attacks at
Neve ShalomMahat-al-Salam in 2020.
Pluarllstk Splrltual Cantr•
Th15 relates to the monles donated and Èxpended towards the Programme for Religious Leaders.
Prfmarysehool
PrftmqryschoolteachePssolury
The fund relatès to monles speclflcalty donated towards the c05t of teacher'$5alaries atthe prfmary school
in Neve Shalom- WahatAl￿Iam.
GenertilPS Fund
Thi5fund relates to donations restritted to the Primary School bLtt for no specrflc programme. Durlng the
vear the Charity éxpended £121.OW of the fulldlng.
Ploygrotsnd
The fund ￿lateS monle5 rece¢ved towards the cost of buildlng a new playground.
Psychologlcolsupport
The fund relates to monies re￿i￿ed from the Tolklen Trust towards psycholo8ical sUPPOrtfor Yaff and
parents at the primary school followlngthe 7th OLtober brutalltles.
PS2023Scholorshfps
The p￿Mary school secures ba51cfundSn8 from the Israeli Ministry of Educatlon- however, we conduct
targeted fundra151nB efforts to specflically support the bilingual education programme and the unlque
educational Inltlatlves.
17 RELATED PARTYTRANSACTIONS
During the yearthe charity pald £NII12022: £Nill for travel and accommodatlDn expenses.
Donatlons re¢eived from related parties (Trustees and connected parttesl forthe year totalled E2,620
12022= £1,142>.
21

BRinsH FRIENDS OF NEVE SHALOM-WAHAT AL-5A&AM
YEAR ENDED J￿r DECEMBER Z023
The followln8 supplementsry page does not form part ofthe fTnanclal statements

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