BRrrisH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
REPORT OF THE GOVERNING BODY
AND
THE uNAUD￿ED FINANCIAL STATEMENTS
FOR THE YEAR ENDÉD 31 DECEMBER 2024

BRMSH FRIENDS OF NEVE SHALOM - WAHAT AL-SALAM
INDEX
FOR THE YEAR ENDED 31 DECEMBER 2024
coMrENTS
Page5
Legal and administrative infomation
Annual Report of the Governing Body
Independent Examiner's report
io
Statement of Financial Activities
li
Balance Sheet
12
Notes to the financial statements
13-21

BRMSH FRIENDS OF NEVE SHALOIIA- WAHAT AL-SALAM
LEGAL AND ADMINisfRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Judge Laurence Bra55 {Chairl
5irAndrew Burn5 KCMG
Lady Burns JP
MrTony Hyams IHon T￿asUrer)
Mrs Jenny Nemko
Mr Ghanem Nuseibeh
Mr Anthony Warshaw {Hon Secretary)
Dr. Jack Omer-jackaman
Ms Liz Silman
Mr David Attaras
MI Justin Cohen
Mr Edoardo El-Attrache
Patrons
Ms Ahlam Akram
Lady Dyson
Mr John Bowers KC
Mr Rob Rinder MBE
Dame Louise Ellman
Ms Margaret Fingerhut
Rabbi Helen Freeman
Sir Michael Morpurgo OBE
Ms Sa'ida Nusseibeh
The Baroness Perry of Southwark
Rabbi Dr Norman Solomon MA Ph.D. Bmus
Dr Terry Waite CBE
The Lord Woolf of Barnes
Rabbi Alexandra Wright
Charity registtred number
1171524
Prlnclpal offl¢e
124 fy Road,
London,
ECIV 2NX

BRITISH FRIENDS OF NEVE SHALOM - WAHAT AL-SALAM
LEGAI AND ADMINisfRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Executl¥e Dlrector
Tal Arrow5mith
Independent Examiner
M Koureas FCCA
Hetherington and Co
Chartered Certified Accountants
289 Green Lanes.
Palmers Green
London N13 4XS
Bankers
CAF Bank knmited
25 Kings Hill
West Mallin8
ME19 4JQI

BRITISH FRIENDS OF NEVE SHALOM - WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees (hereinafter referred to as the Governing Body) submit the annual report and the
unaudited financial statements of Oasis of Peace UK (the Chartyl forthe year ended 31 December 2024,
The Governing Body confirm that the annual report and financial statements ofthe Charity comply wlth
the Charities Art 2011, the ￿qUirements of the Charity's 8oveming document and with the provisions
of 'Accountlng and Reporting by Charities,: Statement of Recommended Prattice applicable to Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 102) effertive I" January 2015- (Charities SORP {FRS 10211.
The Charty operates underthe nameof Oasis of Peace UKand British Friendsof NeveShalom~Wahat
al-salam.
STRucfuRE. GOVERNANCE AND MANAGEMENT
Constltutlon and management
Oasis of Peace UK 15 a Charitable Incorporated Organisation (CIO) and has a Constitution 1.the
Constrtution") approved by the Charity Cornmi55ion. It is managed by the Governing Body which meets
not less than four times a year.
Method of appointment and recruitment of Trustses
Under the term5 of the Constitution. trustees are nominated and elected at general meeting.
The Constitution allow5 3 minimum of three trustees. In accordance with the Constitution, one third of
the trustees lor the number nearest) retire each year but are entitled to stand for re-election.
Trustees may be removed at a general meeting by a majority of two thirds, pursuant to a re501ution in
accordance wlth the Constitution and provided that 14 days notice has been given.
Polkles adopted for the Induction and trainirvd of Governin8 Body members
Normally, the Chairper50n meets or othenArise communicate5 With the candidate and discusses with
them th￿r application or invitation to join the Goveming Body. These people are usually al￿adY
familiar with Oasis of Peace UK, having attended events or by havi ng been introduced by another
5UPPOrter. If the candidate is in agreement, the Chairperson will recommend the person to the
Governing Body and will invite him or her to attend a committee meeting as a guest. The candidate is
given a copy of the Constitution and is afforded full access to all financial information. If the candidate
expresses the willingness to join. and if a majority of the Governing Body votes affirmatively. the person
join5the Governing Body ès a co-opted Member. to be presented for election at the next annual general
meetin&
New members of the Governing Body are encouraged to visit the village of Neve Shalom I Wahat al-
Salam Iherelnafter referred to as NSWaSI, erther by joining one of the annual visits organi5ed by the
Charity or by attending the annual meeting of the international Friends, Associations (the counterparts
of the Charity in other countries in Europe and North America), which usually takes place at NSWaS.
Alternatively. they can make their own private arrangements to visit if they are in Israel. Relevant
emails and other communications are exchanged amongst the Governing Body and the staff, enabling
all to participate in deliberations.

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
ANNUAL REPORT OFTHE GOVERNING BODY
FOR THE YEAR ENDED 310ECEMBER 2024
The Charitvs office regularly receives information on courses organised by the Directory of Social
Chan8e {DSC}, Charfcies Aid Foundation ICAF) and other professional organisations. The Governing Body
is circulated on any that are relevant; many of them are created especlally for the governing bodie5 of
charities,
Thetrustees who held office duringthe year were as follows:
Ms Sima Awad- Resigned 07/10/2024
Judge Laurence Brass (Chair)
Sir Andrew Burns KCMG
Lady Burns J P
M r Tony Hyams {Hon Treasurer)
Mrs Jenny Nemko
Mr Ghanem Nuseibeh
Mr Anthony Warshaw (Hon Secretary)
Dr. Jack Omer-jackaman
Ms Liz Silman
Mr David Altaras- Appointed 01/04/2024
Mrjustin Cohen -Appointed 08/10/2024
Mr Edoardo El-AttrachÈ- Appointed 02/12/2024
RISK MANAGEMENT
The major risks, to which the Charity is exposed, as identified by the Governing Body, have been
reviewed. The Register of Risks and the systems and safeguards established via the Risk Management
Plan have been regularly reviewed and updated by the Governing Body. The risks identified under the
following headings continue to be:
The environment in which we operate
Our premises. records, and equipment
Our people
Our operations
Our finances
The Risk Management Plan document can beobtained by interested partie5 on requestto the Executive
Dirertor.
OBJECTIVES AND AcrivmES
Summary of objectives
The Charlty's objects a￿t0-.
To advance the education of the public in general. but with particular reference to
NSWaS in Such ways as shall be thought frt but in particular by the provision of the
followin8-
lal Educational projects of both Jews and Arabs about NSWaS ar)d the subjects of soclal
equality, cohesion and unity and diversity;
Ibl Financial or other support of the maintenance. repairor provision of educational or
other artivities in NSWaS'

BRITISH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THEYEAR ENDED 31 DECEMBER 2024
Icl Scholarshlps and other financial a55iStance for both Jews and Arabs to enable them to
attend course5 or seminar5 at NSWaS.
The promotion of rKial and religiou5 harmony for the public benefit by educating the
public about NSWaS and how its work has br￿Jght together the Jewish and Arab
communities in peace and harmony.
Ob]ectlves and Artlvities for the Public Benefft
The Governing Body confirms that it5 members have had due regard to the guidance i55ued by the
Charity Commission on public benefit and that they will continue to ensure that each year they will
consider how the members of the Governing Body continues to meet the public benefit objectives
outllned in Sertion 4 of the Charitie5 Art 2011. The achievements are set out in more detail on page 7
of this report.
Mi55ion Statement
To benefit the public interes¢ by supporting NSWaS's schoo15 and educational activities financially. and
to raise public awareness in the UK of NSWaS and the values for which It stand5. To achieve this, the
Charity..
Supports NSWaS'5 educational institution5 financially through donations and bequests from
individuals, grant5 from Trusts and Foundations, and fundraising events.
Is in regular contart with NSWaS's educational institutions and Secretariat.
Communicates with Friends associations in other countrie5 to a55ure that financial support for
NSWaS is Co-ordinated:
Raises public awarene55 by communicating Information about NSWa5 and its methods to a wide
audience in the UK,.
Co-operates with other UK charities in support of the Charivs objertAies:
Organises educational tours in the UK. bringing over representatives from the NSWaS village to
speak throughout the country: and
Arranges accompanied visits to NSWaS
Main objectives for the year
The Charity's main goals for 2024 continued to be raising funds (both restritted and unre5tritted) in
order to support chosen educational programs and projetts at NSWaS.
Our efforts continued to focus on raising awareness amon8 the British public about the unique mission
of NSWaS (the Village). It is the only place in Israel where Jews and Arabs of Israeli citizenship, including
Christians and Muslims. live together hamioniously as friends. neighbours. and equal participants in
the Villagés 8ovemance. The Village aims to demonstrate that in Israel, it 15 POS5ible fr)r Israeli Jews
and Israeli Arab5 to coexist in the same community as equals and work towards raising their children
tO8ether.

BRITISH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2024
The Charity has continued to provide support tothe Children'5 Educational System at Neve 5halom-
Wahat al-salam INSWaSI, specifically the Primary School. which offers a bilingual, binational, and
multicultural education from nursery through sixth grade. This unique Setting Serves both Ar3b and
Jewish communities, fostering mutual understanding from an early age. While the School for Peace
ISfPI has continued it5 Vitèl work during thss extraordinarily difficult year in15rael, especially following
the tragic events of 7th October 2023 and the escalation of conflict in G32a. its programmes are
currently sustained by a range of international funders and therefrjre did not require additional
support from the Charity during this period.
Throughout the year, the Charity also pursued one of its key objertive5= to manage cutreach and
fundraising activities effettively while raising public awarene55 of NSWaS's educ3tional mission. This
included research into potential new donors. with particular emphasis on charitable foundations and
trusts, to ensure the Charitfs efftirts remain as efficient and impact￿1 a5 possible.
Governln8 BOd￿S Slrate8Y
The Charitvs strategy for achievin8 the above objectries c(￿tinUed to focus on its awareness and
fundrai5in8 programmes.
The awareness programmes are achieved as follows:
The Charity sends out a regular new51etter to around 2.(XIO people across the country via
email and hard copies where necessary. The ne•V51etter includes news updates about the
Village and information related to the Charvty. Additionally, Mailchimp emails are also sent
on a regular basis.
We have a webstte that is regularly updated and adheres to industry standards. It 15 equipped
with a variety of features that make it highly functional.
We have a150 implemented an expanded Social media strategy which has resulted in
Sl8nificantly increased engagement on Facebook, Twitter, and Instagram.
Our fundraising efforts Include submitting applications to foundations and trusts, as well a5
sendlng person31 letters and project reportsto all grant donors. We also produce annual
reports for trusts and foundations.
To sUPPOrt our fundraising initiative5. we plan events throughout the year.
Use of volunteers
The Charity benefits from the seNices of volunteers to achieve its objectives. Tasks carried out by
volunteers include:
Facilitating Introductions
Helping at the Charitrfs events
Policy and fundraising research

BRITISH FRIENDS OF NEVE SHALOM - WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2024
Grant pollry
The Governing Body is diligent to ensure that the Chorlty's funds are used in accordance with its
charitable objerts. Most programmes and projetts supported financially by the tharity aretime-limited
or one-off grants to named NSWaS educational institutions, for particular projects, rather than grants
to the institutions a5 general budgetary support. The grant5 are almost always in response to specific
budgeted applications from the institutiOn5, The Charity does not make grants whlch promise
continued funding in future years. {The exceptions which arise represent donations to the Charty of
restricted fund5 earmarked for mulb-.year projects.)
ACHIEVEMENTS AND PERFORMANCE
Revlew olperfvrmonce ogaln5t objertlves
During the year the Charity hdd a number of events which continued to raise awarene55 of the work of
NSWaS. The events included:
The Intemational Annual General Meeting {IAGMI for Friends Associations almost did not take
place this year. With rockets threatening from all directions and no end to the war in 5itht, the
leadership of the Vlllage's educational institutions made the difficult decision to cancel tt once
aE3in. The British Friends Association stepped in and hosted a very successful IAGM in London.
Our own 2024 AGM was held in the prestigious surroundings of the House of Lords. kindly
Sponsored by Baroness Janet Whitskw. with 45 attendees. Samah Salaime, the Willage's
communications director, was scheduled to speak but was unable to travel due to the situation
in15rael,
A fundraising film premiere VRS hdd in Soho. featuring Chiklren of Peoce by Village filmmaker
Maayan Schwartz- a moving portrayal of what it is like to grow up in Wahat al-salam - Neve
Shalom.
The Charity ensured that its supporter5 were kept well-informed about NSWaS and the prog￿$5 of the
educational programs that it supported. It published an expanded magazine both in hard copy and
electronic format, which was circulated to a mailing list of nearly two thousand recipients. Additionally,
it frequently sent emails to provide updates about events and make fundraising appeals. The Charity
also used social media to reach and engage a wider audience.
Through fundraising and awareness efforts. the Charity gained new mernbers and increased financial
resources while promoting NSWaS mission.

BR￿lS￿ FRIENDS OF NEVE SHALOM - WAHAT AL-SALAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 310ECEMBER 2024
Prfnclpolfundlng sources ondhow expendlture hos supported key objertlves
Eleven Trusts and Foundations supported the Charity's work in 2024. Of these. three Trusts and
number of other donors restritted their grants to specific projects to be carried out at NSWaS. These
were..
Primary School: Dperational costs
Primary Schod: Psycholo8ical Support
In the customary way. the donor5 have received reports on the completed projects in the course of
2024. Voluntary donation5 include resources gained, both restritted and unrestricted. as follows:
Major Trusts & Family Trusts
Legacies
92.650
4,390
Financtal position
The results for the year are set out on page 11. The Charity ended the 2024 year with an Un￿strICted
fund balance of £254,491 and a restrirted fund balance of £125,810. The Charity provided grant5
totalling £87,130 to NSWaS {2023'. £176.0001 for the specific educational projerts and pro8rammes
listed on Page 21. During the yearthe Charity raised £78.10012023: £214,455) of unrestritted revenues.
The Charity also raised £93.55612023: £112.942) of restrirted revenue which were donated for Specific
projects and programmes conslstent with the CharitV5 mission. The total funds senerated in 2024 were
£171.656 compared to £327.397 in the previous year.
The reduction in expenditure in the yearwas mainly dueto the reduction in grantsthe Charity provided
to NSWaS. The Charity ended 2024 wwth no long-term liabilities. or with any funds in deficit.
The Governing Body was satisfied wtth the results and is confident in its capacity to cover its running
costs and provide sufficient reseNes as well as to provide funding to meet its stated objettives.
Reservès Pollcy
The working capttal reserve policy projects the amounts required to achieve an ordedy winding up of
the Charity in the event that it5 incoming resources were insufficient to continue supporting these
projerts. This has been estimated by the Committee at six months. worth of administrative and support
costs of the current operations. amounting to approximately £35.OIXI. As noted above, the Charity
ended 2024 wbth unrestrbcted fund reserves in excess of this level.
The resource5 of the Charity are always kept at a relatively modest level. Hence the Governing Body
considers it prudent to keep all fund5 in low risk interest-bearing bank accounts, primarily atthe Charity
Aid Foundations Bank. The Charbty has no intention to accumulate large reserves by holding on to funds
that were donated to 5UPPOrt the Charl￿5 mission.

BRinsH FRIENDS OF NEVE SHALOM - WAHAT AL-SAiAM
ANNUAL REPORT OF THE GOVERNING BODY
FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF THE GOVERNING BODY'S RESPONSIBIUT]ES
The trustees are responsible for preparing the Trustees, Annu31 Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standants (United Kingdom Generally
Accepted Accountin8 Practice).
The law applicable to charities in England and Wales requi￿5 the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity
and of the incoming resources and application of resources of the charity for that period. In preparing
these financial statements. the tru5tee5 are required to:
•select suitable accounting policies and apply them consistently",
•observe the methods and principles in the Charities 50RP-
•make judgements and estimates that are reasonable and prudent;
•state whether applicable accounting standards have been followed, subjert to any departures
disclosed and explained in the financial statements: and
•prepare the accounts on a going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for maintaininE proper accounting records which di5dose with reasonable
accuracy at anytime thefinancial position of the charity and to enable them to ensurethat the accounts
comply with the Charriies Act 2011. the Charity (Accounts and Reports} Regulations 2008, and the
provisions of the trust deed. They are also responsible for safe8uardin8 the assets of the charity arid
hence for tsking reasonable step5 for the prevention and detertion of fraud and other irregularities.
This report was approved by the Governing Body on I September 2025 and signed on Its behalf, by..
MrTony Hyams (Hon T￿a$Urerand Trustee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
BRtrisH FRIENDS OF NEVE SHALOM- WAHAT AL-SALAM
I report to the charity trustees on my examination of the accounts of the British Friends of Neve
Shalom - Wahat Al-salam for the year ended 31st December 2024. vthich are set out on pages 11
to 21.
Responsibilities and basis of report
As the tru5tee5 of the Charity you are responsible forthe preparation of the ￿CoUnts in accordance
with the requirements of the Charities Act 2011 ('the Act,).
I report in re5pett of my examination of the Charity's accounts as carried out under section 145 of
the 2011 Act. In carrying out my examination I have followed all applicable Directions given by the
Charity Commission under section 145(5)Ibl of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention
in connettion with my examination which gives me cause to believe that in any material respect:
counting records were not kept in accordance with settion 130 of the 2011 Act; or
the accounts do not accord with the accounting record5.' or
the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
otherthan any r￿Uirementthat the accounts glve a 'true and fairview which is not
matter considered as part of an independent examination.
I have no concerns and have come across ￿ other matters in connection with the examination to
which attention should be drdwn in this report in order to enable a proper understanding of the
accounts to be reached.
M Koureas FCCA
Hetherington & Co
Chartered Certified Accountsnts
Second Floor.
289 Green Lanes.
Palmers Green.
London N13 4XS
Dated.. I September 2025
ID

BRITISH FRIENDS OF NEVE SH￿0￿ -WAHAT AL-SALAM
STATEMENT OF FINANaALA￿IVITIES
FOR THE YEAR ENDED 31ST DECEMBER 20Z4
General
Fund
Restricted
Funds
Total
2024
Total
2023
Note
INCOMEAND ENDOWMENTS
Incoming re50urce5 from generated funds
Donations and legacies
60.664
93,556
154.220
305,830
Other Tradin8 Artivitie5
2.164
2.164
8,050
Investment income
15.272
15,272
13,517
Totsl
78,100
93.556
171,656
327,397
EXPENDITURE ON
Raising Funds
44.540
44,540
47,730
Charitable expendrture-
33,225
87,130
120,355
209,962
Totsl
77.765
87.130
164,895
257,692
Net income/ (expendlture) for the year
335
6,426
6.761
69.705
Transfer between funds
Net Movement in funds fortheyear
335
6.426
6,761
69,705
Total funds brought forward
254,156
119,384
373,540
303,835
Totsl Funds carrled forward
254,491 £
125,810 £
380.301 £
373,540
The notes form part of these financial Statements
li

BRMSH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
BALANCE SHE
AS AT 31ST DE￿ MBER 20Z4
2024
2023
Note
FIXED ASSETS
Tangible Assets
io
CURRENT A￿5
Debtors
C￿h at bank and in hand
li
7.515
385.747
11,427
378,258
393,262
389.685
CREDITORS: Amountsfalling
due within one year
12
113.845}
116,1461
NEf CURRENT ASSETS
379,417
373,539
NET ASSETS
380.301
373.540
REPRESENTED BY:
General Fund
Restricted Fund
15
15116
254.491
125,810
254,156
119.384
380.301
373,540
Approved on behalf of the Governlng Body on I September 2025 by:
Arfil
. Mr Tony Hydm$-Honorary Treasurer and Trustee
The notes form part of these financial statements

BRITISH FRIENDS OF NEVE SHALOM-WAHAT AL-SALAM
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLiaES
The principal accountin8 policies a(k)pted in the preparation of the financial statements were as follows:
1.1 Basis of Accountlng
The flnancial statements have been prepared in accordance ￿th the Accounting and Reporting by Charlties:
Statement of Recommended PractKe applicable to Charities preparlng thelr accounts in accordance wlth the
Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffertive 1st January 20151,
The Charltles Act 2011 and applicable regulations.
The flnancial Statements have been prepared under the historKal c05t convention with items recognlsed at C05t
or transaction value unle55 Otherwise ststed in the relevant notelsl to these accounts.
The charity meets the defin¢tion of a public benefit entity. The financial statements have been prepared under the
historical cost convention wtth items fecognlsed at cost ortransaction value unless otherwise stated in the
relevant notelsl to these accounts.
1.2 Going concern
The Trustees have assessed whether the use of golng concern basis 15 appropriate and have considered
possible events or condltions that might doubt on the abilTty of the Charrty to continue as a going concem.
Having Èssessed the Charity'5 future cashflows and projections. the Trustees have concluded that it has
sufficient resources to continue in operational existence for the foreseeable future and tonspquently It
appropriate to contlnue to adopt the going tontern basis In preparlng its financial staternents.
1.3 Income
Voluntary income includin8 donatlons, gifts, legacies orgrdnts from varfous individuals corporations and
charitable foundations are recognlsed where there is entitlement, any conditlons attached to the item{sl of
income have been met, tt is probable that the income will be re￿Ived and the amount can be measured reliably.
Such income 15 only deferred when:
al The donor specifies that the 8rant or donation must only be used in future accounting periods.
bl The donor has imposed conditlons whlch must be met before the charlty has unconditiona5 entitlement.
Income 8enerated from fund ralslng events is recognised when eamed.
Income tax recoverable In relation to donation5 recelved under gift aid or deed5 of covenant 15 recoBllised at the
time of the donation.
All Incoming resources are reported gross before expenses.
For Leg3cie5. entitlement is tsken as the earlier of the date on which either: the charity is aware that probate has
been 8ranted. the estate has been finalised and rM)tification ha5 been made, or when a distribution is recelved
from the estate. Receipt of a legacy In whole or in part is only considered p￿)babIe when the arnount can be
measured reliably and the char]ty has been notified of the executor's intention to make a distribution. Where
legacies have been notifted to the chaiity. or the charity is aware of the granting of probate and the criteria for
incorne recognition have not been met, then the legacy Is treated as a contingent
13

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 315T DECEMBER 2024
ACCOUNTIIYG POIICIES
IA Donoted services andfvcilities
Donated services and donated facilities are recogni5ed a5 income when the charity has control over the
item, any conditions associated with the donated item have been met. the receipt of economic benefit
from the use by the charity of the item is probabte and that economic benefrt can be measured reliably by
the Governing Body of Trustees using best estimates..
IS Interest recelvoble
Interest on funds held on deposit is included when recetvable and the amount can be measured reliably
bythe charty- this is normally upon notification ofthe interest paid or payable by the bank
1.6 Expenditure and irrecowemble VA T
Expenditure is recogni5ed once there is a le8al or con5truttive obligation to make a payment to a third
party. it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under the following headings:
Cost of raising funds are those costs incuThed in attracting voluntary income.
Expenditure on charitable activities includes all direct costs incurred to further the purpose of the
charrty together with assoaated sUPPOrt cost5.
Other expenditure represents those items r￿t falling into any other heading.
Grants payable refer to payments made to third parties in furtherance of the charitable objectives of the
Charity- Grants are accounted for when either the recipient has a reasonable expectation that they will
receive a grant and the Governlng Body have agreed to pay the grant wtthout condition, or the recipient
ha5 a reasonable expectation that they will receive a grant and the condition attaching to the grant is
outside the control of the Governing Body.
Provision for grant5 are made when the intention to make a grant has been communlcated to the
recipient unless the￿ 15 uncertainty about either the timing of the grant or the amount of the grant
payable.
Irrecoverable VAT is charged as a c05t against the artivity for which the expenditu￿ was incurred.
1.7 Taxatlon ond Mis¢elknneou5
As the charity Is a registered charity it is not liable to income tax on its charitable activities {and it
does not undertake any non-charttsble trading). The charity is unable to recover VAT, and all expenditure
is thu5 Stated inclusive of VAT Whe￿ applicable.
other policies are explained within the notes on specific aspects of the accounts.
1.8 Allocatlon ofsupport costs
Support costs are those functlons that a55i5t the work of the charity but do not directly undertake
charttable activitie5. Support Costs include office costs. finance. personnel, payroll and governance c05t5
which support the charity's artivities. These costs have been allocated between cost of raising funds and
expenditure of charltable activities and the bases on which the support have been allocated are set out
in note 5.
14

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES
1.9 Tanglblefixedassets
All tangible ftxed asset expenditure is capitalised at cost. Provision is made for depreciation on all
tangible fixed assets. at rates calculated to write off the c05t or valuation less residual value of each
a55et over it5 expected usefvl life a5 follow5:
Office equipment and furniture 25%.
1.10 Impolrmentoffixed055ets
At each reporting end date. the charity reviews the carrying arnounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss lif any).
1.11 Cash andcosh equivolents
Cash and cash eqLJivalent5 include cash in hand, deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.12 Flnanclollnstruments
The charlty has elected to apply the prowsions of Section 11 'Basic Financial Instruments, and Sertion 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial in5trumerts are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset. with the net amounts present￿ in the financial statements, when
there is a legally enforceable right to set off the ￿0g￿l$ed amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liability simultaneousty.
1.13 Basicfinonciol assets
Basic flnancial assets, which include debtors and cash and bank balances, are initially measured at
transaction price incl uding transaction costs and are subsequently carrled at amortised cost uslng the
effective interest rnethod unless the arrangement constitutes a financing transaction. where the tran5artion
is measured at the present value of the fUth￿ recelpts discounted at a market rate of interest. Financial
assets classified as receivable within one year are not a￿rtIsed.
1.14 Baslcflnanckil Ilobllltles
Basic financial liabilities including credttors and bank loans are initially recogntsed at tran5attion price
unless the arrangement constitutes a financing transartion, where the debt instrument is measured at the
present value of the future payments discounted at a market rate of interest. Financial liabilitie5 classified
as payable within one year are not amortlsed.
Debt instruments are Subsequently carried at amortised cosL using the effective Inte￿st rate method.
Trade creditor5 are obligations to pay for goods or services that have been acquired in the ordinary cour
of operations from sUppl￿r5. Amounts payable are classified a5 current liabilities if payment Is due within
one year or less. If not. they are presented as non-current liabiltties. Trade creditors are recognised initially
at transaction price and subsequently measured at amortised cost using the effettive interest method.
15

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-5ALAM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POUCIES
1.15 Derecognition oAfinanclol Ilobllltles
Financial liabilities are derecognised when the Charity's contractual obligation5 expire or are discharged or
cancelled.
1.16 Leoses
Renta15 paid under operatin8 leases are charged to the Statement of Financial Activities in the period to
which they relate.
1.17 Employee benefits
The cost of any unused holiday entitlement 15 reco8nised in the period in which the employee's services are
received.
Termination benefrts a￿ recogni5ed immediatdy as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide termination benefits.
Retirement beneffts
Payments to defined contribution retirement benefit scheme5 are charged a5 an expense as they fall due,
1.18 Fvnd uccounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
Designated funds are unrestritted funds of the charity which the Trustees have decided at their discretion to
set aside to use for a specific purpose.
Restricted funds are donations which the donor ha5 specified are to be solely used for particular areas of
the charity's work or for spetific projects being undertaken by the chority.
1.19 Critical accountlnq e5rfmotesandJudgements
In the application of the charity'5 accounting policies, the trustees are required to make judgements.
estimates and assumption5 obout the carryin8 arnount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated a55uniptions are based on historical experience and other
factors that are considered to be relevant. Actual results rnay differ from these estimate5.
The estimates and underlying assumptions are reviewed on an 0￿d0[￿g basts. RevisIor￿ to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
1.20 Foreign eKhonge
Asset5 and liabilitie5 in foreign currencies are are translated into 5terlin8 at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into steAin8 at the rate of exchange
rulin8 at the date of transaction, Exchange differences are taken into account in arriving at the operatln8
re5uIt.
16

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL~SALAM
OTES TO THE FINANCIAi STATEMENTS
FOR ThE YEAR ENDED 31ST DECEMBER 2024
DONATIONS AND LEGACIES
General
Fund
Restricted
Funds
Total
2024
Total
2023
Donations from
individuals. charitable trusts
and other institutions
56,274
93.556
149.830
126.044
Legacies
4,390
4,3
179,786
60.664
93,556
154,220
305.830
TRADING AcfiviTIES
General
Fund
Restrftted
Funds
Total
2024
Total
2023
Events, concert, visits etc.
2,164
2,164
2.164
2.164
8,050
8,050
INVESTMENT INCOME
General
Fund
Restrirted
Funds
Total
2024
Total
2023
Bank Interest
15.272
15.272
15,272
15,272
13,517
13,517
17

BRITISH FRIENDS OF NEVE SHALOM -w￿AT AL-SALAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2024
ALLOCATION OF SUPPORT COSTS (INCLUDING GOVERNANCE co￿$)
The charity initially identifies the costs of its support function5. It then identifies those costs which relate
to the 8overnance function, Having identified its govemance costs. the remaining support costs are
apportioned between charitable attivities undertaken in the year. Refer to the tsble below for the basis of
apportionment and the analysis of support and governance costs.
Basis of
allocation
Support
Costs
Total
2024
Totsl
2023
Govemance
Staff costs
Independent examiners fee
Trustees meetin85
Communlcation
Printin& postage and stationery
Premises costs
Depreciation
Bookkeeping
Travellin8 costs
Other costs
Time
15.168
7,997
5,5&J
506
23,165
5.560
506
5.034
29
22.653
5,150
766
5.898
572
4,666
193
usage
usage
usa8e
Usage
5,034
29
2.395
2g4
usage
usage
usage
2,395
294
2,844
441
501
40,769
2,676
388
994
43,956
Usage
441
usage
501
26.706
14.063
COST OF RAISING FUNDS
General
Fund
Restricted
Funds
Total
2024
Total
2023
Direct staff costs
Dirert Costs of events
Allocated support costs
14.533
13,237
16,770
44,540
14.533
13,237
16,770
44,540
13.469
Is,iii
19,150
47.730
ANALYSIS OF CHARITABLE EXPENDITURE
Infomiation
and
education
Grant funded
activity
Total
2024
Total
2023
Grants-(see note 8)
Direct cost5 - Staff
Direct costs- Other
Allocated support cost5
87,130
87.130
8,632
594
23,999
176,000
8.043
1,113
24,806
8.632
594
23,999
87.130
33,225
120,355
209,962
For the year ended 31st December 2024. charitable expenditure was £120,355 (2023: £209,962) of which
£87.13012023'. £176.(X)O} was expenditure from restricted funds.
18

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31st DECEMBER 2024
ANAIYSIS OF GRANTS FUNDED
Restricted
Funds
General
Total
Total
Funds
2024
2023
School
orpeoce
SFP General
Prim17
school
Teachers Salaries
PS General
Psych Support
70.000
70.000
35,000
141,000
17.130
17,130
Pluarlistic S
irituol Centre
Pluarlistic Spiritual Centre
87.130
87.130
176,0(KJ
ANALYSIS OF STAFF COSTS
2024
2023
Salary
Recruitment costs
Trainin8 costs
Pension contribution5
45,356
42.120
1,140
974
46.330
44,166
The avera8e number of employees during the year was 212023: 2}. No member of staff earned more
than £60.000. The Trustees did not receive any remuneration or benefits in kind (2023: £Nil).
Reimbursement of trustees expenses is disclosed in note 17.
TANGIBLE FIXED ASSEfs
Off￿e
Equlpment
Cost..
Balance broughtfon¥ard Istjanuary 2024
Addition5 in the year
Disposals
At 31st December 2024
883
1.178
2.061
Depreciation:
Balance brou8ht forward 1st January 2024
Dlsposals in the year
Charge for year
At 31st December 2024
882
295
1.177
Net book value at 31st December 2024
Net book valueat 31st December 2023
19

BRITISH FRIENDS OF NEVE SHALOM -WAHAT AL-SALAM
NOTES TO THE FINANCIAI STATEMENTS
YEAR ENOED 31sr DECEMBER 2024
2024
2023
li
DEBTORS
Taxation recoverable
Sundry debtors and prepayments
2,528
4,987
7,515
7,016
4,411
11.427
12
CREDITORS- AfvIOUNTS FALLING
DUE WITHIN ONE YEAR
Social securtty costs payable
Other creditor5 and accruals
2024
2023
1,809
12,036
13,845
2.019
14,127
16,146
OPERATING LEASE COMMIThIENTS
At the reportin8 end date the charity hatl outstanding commitments for fijtu￿ minimum lease
payments under non-cancellable operating leases which fall due as follows:
2024
2023
Within one year
118
118
iii
iii
ANALYSIS OF ASSEfs BEtWEEN FUNDS
General
Funds
Restrirted
Funds
Total
Fixed assets
Current assets
Creditors
884
393,262
113,8451
380,301
267.452
113.8451
254.491
125,810
125,810
15
FUNDS
A5at
1.1.2024
Incoming
Resources
Outgoing
Resources
Inter-Fund
Transfers
Asat
31.12.2024
General funds
254.156
78,100
177,765)
254,491
Restrlcted
School For Peace
General
Graduates
Rebuild
2.500
2,500
2.3(Ki
250
2,550
Pluarlistic S
irituol Centre
Programme for Religious Leaders
Primo
School
Home teacher's salary
General
Playground
Psych Support
PS khorarships
735
111.007
250
70.000
(70.000)
735
111,007
250
1,878
6,890
380,301
19,008
4,298
171,656
{17.130)
2,592
373.540
1164,8951
20

BRITISH FRIEf4DS OF NEVE SHALOM -WAHAT AL-SALAM
NOTES TO THE FINANCIAL ￿ATEmENTs
YEAR ENDED 31ST DECEMBER 2024
16 RESTRicfED FUNDS
school For Peace
GenemlSfP Fund
This fund relates to donations restricted to the School for Pe￿e but for no specific pro8ramme.
Rebuild Fund
The fund relates to monies specifically donated to aid the rebuild folk)wing the suspected arson attacks at
Neve Shalommlahat-al-salam in 2020.
Pluarfisti¢ Splrltual Centre
This relates to the monies donated and expended towards the Programme for ReliEiOUS Leaders.
Prlmary 5¢hool
Primary school teochels solory
The fund relates to monies Specifically donated towards the cost of teacherfs salaries at the primary school
in Neve Shalom- Wahat Al-salam.
Generol PS Fund
This fund relates to donations restricted to the Primary Sch￿1 but for no specific programme.
Playground
The fund relates to monies received towards the cost of building a new playground.
P5ychologicolSupport
The fund relates to monies received towards psychological sUPPOrt for staff and parents at the primary
school following the 7th Ottober 2023 brutalitie5.
P5 Scholorships
The prlmary school secures basic fundin8 from the Isr￿11 Ministry of Education: however. we condurt
targeted fundraising efforts to specifically 5UPPOrt the bilingual education programme and the unique
educational initiatives.
17 RELATED PARTY TRANsA￿loN5
Oonation5 received from related parties ITru5tees and connected parties) for the year totalled £67012023..
£2,620).
During the year the charlty paid £Nil12023.' £Nill for Trustee travel and ￿CoMmodation expenses.
21