## ## ## ## ||||||||Page| |---|---|---|---|---|---|---|---| |Trustees'|annual
report (incorporating||the|director's|report)||| |Independent
auditor's
report to||the members|||||| |Statement|offinancial
activities|(including||income and expenditure||account)|| |Statement|offinancial
position||||||| |Statement|of cash flows||||||| |Notes to the financial statements|||||||10| ## ## |Year ended|Year ended|Year ended|31 August 2020|31 August 2020|31 August 2020|31 August 2020|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The trustees,|||who are||also the|directors|for the purposes|of company||law, present|||their report and the financial|statements|of| |the charity||for the year|||ended 31 August||2020.||||||||| |Reference||and administrative||||details|||||||||| |Registered||charity||name|||Keren Hayesod|- United|Israel Appeal|||UK|||| |Charity|registration|||number|||1175668||||||||| |Company||registration|||number||10332876||||||||| |Principal|office and registered||||||Third Floor||||||||| |office|||||||20 Old Bailey||||||||| ||||||||London||||||||| ||||||||EC4M 7AN||||||||| |The trustees|||||||||||||||| ||||||||Mr P E Fineman||||||||| ||||||||Mr D B Harris||||||||| ||||||||Mr R Marom||||||||| ||||||||Mr G J Masel|(Resigned 31|||January 2020)||||| ||||||||Mr G A Spiro||||||||| |Auditor|||||||Gibson Booth||||||||| ||||||||Chartered
Accountants||8 Statutory||Auditors||||| ||||||||New Court||||||||| ||||||||Abbey Road North||||||||| ||||||||Shepley||||||||| ||||||||Huddersfield||||||||| ||||||||HD8 88J||||||||| |Solicitors|||||||Withers
LLP||||||||| ||||||||20 Old Bailey||||||||| ||||||||London||||||||| ||||||||EC4M 7AN||||||||| ## ## ## ## ## ## ## ## ## ## ## ## ## Keren Hayesod- United Israèl Appeal UK Company Limitsd by Guarant•e Independent Audito￿$ Report to the Members d K¢rnn Hayesod- United l$rael Appeal UK {contlnuedJ Year ended 31 Au9USt 2020 Re5ponslbrllties of trust885 As explained more fulty In the tntstees. reswtsibilths **ernerrt las set out on pages 3 to 41, the tru5tee5 Iwho are a)$0 diredors of the ¢hartrtaWe wmpany for the pu￿se$ ol Cm material misslaterrEnL wheiher due to fiaud or error. lrn preparirffJ the fina￿￿11 statemenls, the tru4ees a￿ wrtsible for a58essry the Chartys abilty lo contin￿e as a 90ing concern. ¢is¢l¢sing. as appl￿ab￿. mattefs related to going COn￿M and using the g￿ng Ix>rK%m ba$* of aco)untin9 unle55 the Iruslee$ eithef Intend to I￿V￿Jate the tharfty orto cea5È *JPtratitins. orh*t no realistic altemthe butto do ￿. Auditofs respo￿lbilitIeS forthe audit of the flnanclal statements We have been appointed a5 autltor u￿le1 section 144 of the CharitE5A12011 report in accordarL￿ wth rtgul8tion$ made under section 154 01 that Act. Our obiB¢twes a￿ 10 obtain ￿0$0￿•01¢ 2$5urance about wlther U* finan¢bo1 Sialefflen15 a5 a whob are free material misstatement. whtrthet due to fraud or error. and to Issue an audrto¢s ￿ptsrt that irtlude5 our Lpinion. Reasonable assurance high level of assurance. but ts not a guaontee thai an audrt conthjcted ¢n accordan￿ wilh ISAS IUKI will aways detect material mksslatemenl when It exists. MwtaiÈrnenL% tan arise from fraud or error and are considered material rf. indiniidually or in the 399regale. they covky reasonably be expected to inflwnce the ecoThomic dects￿n5 of Use￿ tsken the basrs of thes? f￿ancISI stalwrents. A further desCry￿.0n of our responsibilit*S foi the a￿Irt of the finantial stateft*nts E Icraled on IhE Financial Reporting Councifs website ai" https frt ukJ0ur-WorklAuoitiA￿l*-arHj-aSsUidn¢el￿3ndards-and-9uK1art standards-and￿￿ldanCe-foJ-aUOIt0r51AUdrt0rs-reSp0rtslb1tsS-lor-au￿rf1De$crlF￿0n￿l-aUdrto1S-[eSP0n5lbArtle5-yOr-aud11.a5Px.. This descnpuon forrns part of our auditors ieporL Use tsf our report This report 1$ rnade solely to the Charitab￿ tompanys tru5tee5. as a body, ￿ a￿L￿dance wth Part 4 ofthe Chaibties (Accounts and Reportsl Regu1alh)ns 2008. Our au¢Jit weth has teen undertaken so that * MYJM state to the charitable company's trustees those matters we are required to $tsre to them in an audrtofs report and lor no other purpose. To Ihe fullest exieni pemiilled by law. vie do not a¢£ept or assurre responYb￿ty 10 anY￿e thr than the chantsb* crmpany and the charitable tompany's IrLL5tee5 as a body. for our audit work. for thi5 reFort. orforthe ¢)rAn*Trn5 hwe formed Gibson Booth Chartered Accourbtsnts & Statthry A￿littir$ New Court bbey Road North Shepky Huddersfiehj HD88 .r. Gibson Booth is elpjibk tO8cI as an athjitor in tswtns 1212 ofthe CompaTh*s 20￿. ## ## ## ## ||||||2020||2019| |---|---|---|---|---|---|---|---| ||||||Unrestricted||| ||||||funds|Total funds|Total funds| |||||Note|r|E|E| |Income and endowments|||||||| |Donations
and|legacies|||5|2,700,852|2,700,852|8,576,293| |Total income|||||2,700,852|2,700,852|8,576,293| |Expenditure|||||||| |Expenditure
on|charitable|activities||6,7|(2,703,052)|(2,703,052)|(8,566,666)| |Total expenditure|||||(2,703,052)|(2,703,052)|(8,566,666)| |Net (expenditure)/income||and net movement|in funds||(2,200)|i2,200}|9,627| |Reconciliation|offunds||||||| |Total funds brought
forward|||||14,022|14,022|4,395| |Total funds carried forward|||||11,822|11,822|14,022| ## ## ## ## |||||||2020|2019| |---|---|---|---|---|---|---|---| ||||||Note|E|f| |Current assets|||||||| |Cash at bank|and
in|hand||||16,022|3,472,813| |Creditors: amounts||falling due within one year|||12|(4,200)|(3,458,791)| |Net current|assets|||||11,822|14,022| |Total assets|less current liabilities|||||11,822|14,022| |Net assets||||||11,822|14,022| |Funds ofthe charity|||||||| |Unrestricted|funds|||||11,822|14,022| |Total charity|funds||||13|11,822|14,022| |For the year|ending|31August 2020 the charity was entitled|to exemption|from audit|under|section 477 of the|Companies
Act| |2006 relating|to small|companies.|||||| ## ## ||||||2020|2019| |---|---|---|---|---|---|---| ||||||E|| |Cash flows from operating||activities||||| |Net (expenditure)fincome|||||(2,200)|9,627| |Adjustments
for.||||||| |Interest payable|and similar|charges|||100|156| |Accrued expenses|||||2,100|1,500| |Changesin:||||||| |Trade and other|creditors||||(3,456,691)|3,456,691| |Cash generated|from operations||||(3,456,691)|3,467,974| |Interest
paid|||||(100)|(156)| |Net cash (used in)/from
operating|||activities||(3,456,791)|3,467,818| |Net (decrease)/increase
in||cash and cash||equivalents|(3,456,791)|3,467,818| |Cash and cash|equivalents|at beginning||of year|3,472,813|4,995| |Cash and cash|equivalents|at end ofyear|||16,022|3,472,813| ## ## ## ## |Donations
and legacies||||| |---|---|---|---|---| ||Unrestricted|Total Funds|Unrestricted|Total Funds| ||Funds|2020|Funds|2019| |||E|E|E| |Donations|2,700,852|2,700,852|8,576,293|8,576,293| ## ## ## ## |Expendi|ture
on charitable
activi|ties
by fund type|||| |---|---|---|---|---|---| |||Unrestncted|Total Funds|Unrestricted|Total Funds| |||Funds|2020|Funds|2019| |||E|E|E|E| |Grants||2,700,852|2,700,852|8,563,810|8,563,810| |Support|costs|2,200|2,200|2,856|2,856| |||2,703,052|2,703,052|8,566,666|8,566,666| ## |||||||Grant|funding|of||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||activities||Support costs Total funds 2020||Total fund 2019|| ||||||||E||E|E||| ||Grants||||||2,700,852|||2,700,852|8,563,810|| ||Governance||costs||||||2,200|2,200||2,856| ||||||||2,700,852||2,200|2,703,052|8,566,666|| |8.|Analysis|of|grants|||||||||| |||||||||||2020||2019| |||||||||||E||E| ||Grants to|institutions||||||||||| ||Keren Hayesod|||HaMagbit|Ha Meuhedet|Lelsrael||||2,700,852|8,563,810|| ||Total grants|||||||||2,700,852|8,563,810|| |9.|Auditors|remuneration||||||||||| |||||||||||2020||2019| |||||||||||E||E| ||Fees payable||for the audit||ofthe financial|statements||||2,100||2,100| ## ## |Creditor|s: amounts
f|alling due within one year||| |---|---|---|---|---| ||||2020|2019| ||||E|| |Accruals|and deferred|income|4,200|2,100| |Grants payable||||3,456,691| ||||4,200|3,458,791| ## ## ## ## ||||||At|||At| |---|---|---|---|---|---|---|---|---| ||||||1 September 2019|Income|Expenditure|31 August 2020| ||||||E|E|E|E| ||General|funds|||14,022|2,700,852|(2,703,0527|11,822| ||||||At|||At| ||||||1 September 2018|Income|Expenditure|31 August 2019| ||||||E|E|E|E| ||General|funds|||4,395|8,576,293|(8,566,6667|14,022| |14.|Analysis|of net assets between funds||||||| ||||||||Unrestricted|Total Funds| ||||||||Funds|2020| ||||||||E|E| ||Current|assets|||||16,022|16,022| ||Creditors|less than|1|year|||(4,200)|(4,200)| ||Net assets||||||11,822|11,822| ||||||||Unrestricted|Total Funds| ||||||||Funds|2019| ||||||||E|E| ||Current|assets|||||3,472,813|3,472,813| ||Creditors|less than|1|year|||(3,458,791)|(3,458,791)| ||Net assets||||||14,022|14,022| |16.|Analysis|ofchanges||in net debt||||| |||||||At 1 Sep 2019|Cash flows
At|31 Aug 2020| |||||||E|E|E| ||Cash at|bank and|in|hand||3,472,813|(3,456,7617|16,022|