**Charity registration number 1186487 (England and Wales)** ## **THE LONG NIGHT FOUNDATION** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 30 JUNE 2024** ## **THE LONG NIGHT FOUNDATION** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Mr D A Lopian Dr N H Lopian Mr D B Black Lord D W Finkelstein **Charity number (England and Wales)** 1186487 **Principal address** 1 Park Lane Salford M7 4HT **Accountants** Lopian Gross Barnett & Co 1st Floor, Cloister House Riverside New Bailey Street Manchester M3 5FS ## **THE LONG NIGHT FOUNDATION** ## **CONTENTS** ||**Page**| |---|---| |Trustees report|1 - 2| |Accountants' report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 9| ## **THE LONG NIGHT FOUNDATION** ## **TRUSTEES REPORT** ## _**FOR THE YEAR ENDED 30 JUNE 2024**_ The trustees present their annual report and financial statements for the year ended 30 June 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". ## **Objectives and activities** The charity's objects are to advance the education of the public in the history and experiences of the holocaust through public speeches and other forums. ## _Public benefit_ The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** ## _Significant activities and achievements against objectives_ The principle objects of the charity is to advance the education of the public in the history and experiences of the holocaust through public speeches and other forums. The charity's incoming resources, totalling £335 (2023 - £1,550), comprise of voluntary contributions from companies and individuals in the United Kingdom, and royalties received. ## **Financial review** ## _Reserves policy_ It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. ## _Major risks_ The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Structure, governance and management** The charity is a charitable incorporated organisation (CIO) and was registered as a charity on 19 November 2019. The trustees who served during the year and up to the date of signature of the financial statements were: Mr D A Lopian Dr N H Lopian Mr D B Black Lord D W Finkelstein ## _Recruitment and appointment of trustees_ Any recruitment and appointment of new trustees would be in line with the Trust Deed and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts. - 1 - ## **THE LONG NIGHT FOUNDATION** ## **TRUSTEES REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2024**_ The Trustees report was approved by the Board of Trustees. Dr N H Lopian **Trustee** 29 April 2025 - 2 - ## **THE LONG NIGHT FOUNDATION** ## **CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE LONG NIGHT FOUNDATION FOR THE YEAR ENDED 30 JUNE 2024** In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of The Long Night Foundation for the year ended 30 June 2024, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation. This report is made to the charity's trustees, as a body, in accordance with the terms of our engagement letter dated 26 February 2021. Our work has been undertaken solely to prepare for your approval the financial statements of The Long Night Foundation and state those matters that we have agreed to state to the charity's trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Long Night Foundation and the charity's trustees as a body, for our work or for this report. It is your duty to ensure that The Long Night Foundation has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of The Long Night Foundation. You consider that The Long Night Foundation is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report. We have not been instructed to carry out an audit or a review of the financial statements of The Long Night Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. ## **Lopian Gross Barnett & Co** Chartered Accountants 1st Floor, Cloister House Riverside New Bailey Street Manchester M3 5FS 29 April 2025 - 3 - ## **THE LONG NIGHT FOUNDATION** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 30 JUNE 2024**_ |||**Unrestricted**|**Unrestricted**| |---|---|---|---| |||**funds**|**funds**| |||**2024**|**2023**| ||**Notes**|**£**|**£**| |**Income from:**|||| |Donations and legacies|**2**|-|650| |Charitable activities|**3**|335|900| |**Total income**||335|1,550| |**Expenditure on:**|||| |Other expenditure||(780)|780| |**Total expenditure**||(780)|780| |**Net income and movement in funds**||1,115|770| |**Reconciliation of funds:**|||| |Fund balances at 1 July 2023||867|97| |**Fund balances at 30 June 2024**||1,982|867| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 4 - ## **THE LONG NIGHT FOUNDATION** ## **BALANCE SHEET** ## _**AS AT 30 JUNE 2024**_ |**Notes**
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**7**
**Net current assets**
**Net assets excluding pension liability**
**The funds of the charity**
Unrestricted funds|**2024**
**£**
1,982
-|**£**
1,982
1,982
1,982
1,982|**2023**
**£**
1,647
(780)|**£**
867| |---|---|---|---|---| |||||867| |||||867| |||||867| The financial statements were approved by the trustees on 29 April 2025. Dr N H Lopian **Trustee** - 5 - ## **THE LONG NIGHT FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 JUNE 2024**_ ## **1 Accounting policies** ## **Charity information** The Long Night Foundation is a charitable incorporated organisation registered with the Charity Commission in England and Wales. The registered office is 1 Park Lane, Salford, M7 4HT. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. ## **1.4 Income** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 6 - ## **THE LONG NIGHT FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2024**_ ## **1 Accounting policies** **(Continued)** Expenditure is recognised 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 the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a 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 with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use. ## **1.5 Cash and cash equivalents** Cash and cash equivalents 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. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## **2 Donations and legacies** ||**Total**|Unrestricted| |---|---|---| |||funds| ||**2024**|2023| ||**£**|£| |Donations|-|650| - 7 - ## **THE LONG NIGHT FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 30 JUNE 2024**_ ## **3 Income from charitable activities** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2024**|**2023**| ||**£**|**£**| |Income generated from audio book|335|900| ## **4 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. None of the Trustees (or any persons connected with them) received any reimbursement of expenses from the charity during year. ## **5 Employees** The average monthly number of employees during the year was 0 (2023 - 0). ## **6 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **7 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**||| |---|---|---| ||**2024**|**2023**| ||**£**|**£**| |Accruals and deferred income|-|780| ## **8 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. ||**At 1 July 2023**|**Incoming**|**Resources**|**At 30 June**| |---|---|---|---|---| |||**resources**|**expended**|**2024**| ||**£**|**£**|**£**|**£**| |General funds|867|335|780|1,982| |**Previous year:**|**At 1 July 2022**|**Incoming**|**Resources**|**At 30 June**| |||**resources**|**expended**|**2023**| ||**£**|**£**|**£**|**£**| |General funds|97|1,550|(780)|867| - 8 - ## **THE LONG NIGHT FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2024**_ ## **9 Related party transactions** There were no disclosable related party transactions during the year. - 9 -