2022-12-31-accounts - Israel Guide Dog Centre UK

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Israel Guide Dog Centre UK

Charity No. 1188449

Company No. CE021058

Trustees' Report and Unaudited Accounts

31 December 2022

Israel Guide Dog Centre UK Contents

	Pages
Chairman's Report	2
Trustees' Annual Report	4 to 5
Independent Examiner's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Notes to the Accounts	9 to 13

Page 1

Israel Guide Dog Centre UK

Chairman's Report for the Year Ended 31 December 2022

Achievements and Performance

The focus of the Israel Guide Dog Centre remains producing guide dogs for the visually impaired, meeting the needs of both new clients and those whose dogs are retiring after many years of faithful service. This can seem like a never-ending challenge, but with every guide dog that completes its training and forms a successful partnership, a life is transformed and a person with sight loss can live independently once more. The aptitude and ability of each guide dog is essential to the safety and wellbeing of our clients. Since the very high training standards set by the Centre cannot be compromised, some dogs inevitably don’t make the grade to be guide dogs but they are now paired in increasing numbers with clients with different needs. Two programmes in particular make this possible; our PTSD programme and that for matching therapy dogs with children with autism. In both cases, although in different ways, a therapy dog can break through the barriers that PTSD and autism can place between the sufferer and the outside world. They provide companionship, they don’t judge, and they give unconditional love, but also a sense of purpose and responsibility for another sentient being. For someone with PTSD, this can mean a reason to get up in the morning and to leave the house, whilst providing a calming influence when stress or anxiety strikes. And for the families of sufferers, they know that their loved one is never left to face these struggles alone. This is how the incredible team at the Centre continues to help Israelis with sight loss lead independent lives, but also to make the world less frightening for those with other, perhaps less obvious, challenges.

To reflect this area of the Centre’s work, we were joined in the autumn by Benzi and his dog Lugo and Yariv Melamed from the Centre. Benzi lives with PTSD and spoke movingly about his experiences and the life-changing help that Lugo gives him, and Yariv spoke of the work he does with clients with PTSD and the dogs trained to support them. Our fundraising over the course of two night raised sufficient funds for two PTSD support dog partnerships when matched with funding from the Israeli government.

Earlier in the year we held our first Supper Quiz and welcomed an enthusiastic crowd to a sell-out event, including many new faces among the 140 participants.

Despite the challenges we have all faced during the last three years, the Israel Guide Dog Centre has met those it has faced during the pandemic head on, and we are proud of the part we in the UK have played in this. The generosity of our donors, including those who have remembered us in their wills, has meant that we have been able to maintain and grow our support for the Centre and fund programmes and partnerships whenever the need has arisen. Income in 2021 of £796,635 resulted from particularly high legacy receipts, and although it was lower in 2022, at £398,403, this actually represents our highest ever level of non-legacy income and demonstrates how the work of the Centre resonates with both individual supporters and with trusts and foundations. Our donations to the Centre also fell in 2022 from £608,610 (2021) to £307,973, but this again was the result of being able to fund the Centre considerably over and above our usual level of commitment in 2021 and returning to more normal levels in 2022.

Page 2

Israel Guide Dog Centre UK

Whether it’s the stories of those helped by the work of the Centre, or long-term projects that enhance the ability of the Centre to reach more clients, the appeal to our donors is evident and their growing support is greatly appreciated.

Jon Benjamin Chair of Trustees

Page 3

Israel Guide Dog Centre UK Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 December 2022.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. CE021058

Charity No. 1188449

Registered Office

25 Beech Drive Borehamwood Herts WD6 4QU

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

M.J. Benjamin A. Blake M.H. Bloom A. Krais (Resigned 23 February 2022) G. Seal T.M. Son M. Stoller P.S. Ward

Accountants

Pollock Accounting Ltd 3 - 4 Sentinel Square London NW4 2EL

OBJECTIVES AND ACTIVITIES

The CIO's charitable Objects are set out in its Constitution and are for the relief of visually impaired people and others with physical or mental disabilities by supporting and promoting the work of the Israel Guide Dog Centre for the Blind and such ancillary activities as are charitable and consistent with these purposes.

FINANCIAL REVIEW

Income received decreased this year to £398,403 from £796,635 in the previous year when a large legacy had been received. Whilst, for the same reason, funding to the Centre also decreased from £608,610 to £307,973, this still exceeded our target commitment and allowed us to fund additional partnerships and projects. The deficit of £110,534 (2022) compared to a previous surplus of £34,762 (2021) was due to this high level of support for the Centre funded both from income and from the reserves of £460,707 brought forward at the beginning of the year, leaving reserves of £350,173 carried forward at the end of the year.

Page 4

Israel Guide Dog Centre UK Trustees Annual Report

Reserves Policy

It is the policy of the charity to maintain £85,000 of unrestricted funds to cover administration and event costs that will arise.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a CIO is controlled by its governing document, a Constitution dated 20 February 2020 which was registered with the Charity Commission on 10 March 2020. The charity is managed by its trustees.

Signed on behalf of the board

M.J. Benjamin Trustee 05 May 2023

Page 5

Israel Guide Dog Centre UK Independent Examiners Report

Independent Examiner's Report to the trustees of Israel Guide Dog Centre UK

I report to the charity trustees on my examination of the financial statements of Israel Guide Dog Centre UK for the year ended 31 December 2022 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act).

Having satisfied myself that the financial statements of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Chartered Institute of Management Accountants.

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

accounting records were not kept in accordance with section 130 of the Act ; or
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of the Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

David Pollock FCMA

Chartered Institute of Management Accountants Pollock Accounting Ltd

3 - 4 Sentinel Square

London NW4 2EL 05 May 2023

Page 6

Israel Guide Dog Centre UK Statement of Financial Activities

for the year ended 31 December 2022

Unrestricted funds 2022 £ 245,203	Restricted funds 2022 £ 153,200	Total funds 2022 £ 398,403	Total funds 2021 £ 796,635
245,203 21,916 179,658 154,163	153,200 - 153,200 -	398,403 21,916 332,858 154,163	796,635 8,641 631,358 121,874
355,737 -	153,200 -	508,937 -	761,873 -
(110,534) -	- -	(110,534) -	34,762 -
(110,534)	-	(110,534)	34,762
(110,534) 460,707	- -	(110,534) 460,707	34,762 425,945
350,173	-	350,173	460,707

Page 7

Israel Guide Dog Centre UK Balance Sheet

at 31 December 2022

at 31 December 2022
Company No. CE021058 Notes 2022 £ Fixed assets Tangible assets 10 694 694 Current assets Cash at bank and in hand 358,181 358,181 Creditors:Amount falling due within one year 11 (8,702) Net current assets 349,479 Total assets less current liabilities 350,173 Net assets excluding pension asset or liability 350,173 Total net assets 350,173 The funds of the charity Restricted funds 12 Unrestricted funds 12 General funds 350,173 350,173 Total funds 350,173	2021 £ 926
	926 461,101
	461,101 (1,320)
	459,781 460,707
	460,707
	460,707
	460,707
	460,707
	460,707

Approved by the board on 05 May 2023

And signed on its behalf by:

M.J. Benjamin Trustee 05 May 2023

Page 8

Israel Guide Dog Centre UK Notes to the Accounts

for the year ended 31 December 2022

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable.

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 9

Israel Guide Dog Centre UK Notes to the Accounts

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Charity status

The charity is registered as a Charitable Incorporated Organisation (‘CIO’)

3 Statement of Financial Activities - prior year

Income and endowments from: Donations and legacies Total Expenditure on: Raising funds Charitable activities Other Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds 2021 £ 796,635 796,635 8,641 631,358 121,874 761,873 34,762 34,762 34,762 425,945 460,707	Total funds 2021 £ 796,635
		796,635 8,641 631,358 121,874
		761,873
		34,762
		34,762
		34,762 425,945
		460,707

Page 10

Israel Guide Dog Centre UK

Notes to the Accounts

4 Income from donations and legacies

Donations Legacies 5 Expenditure on raising funds Fundraising trading costs Event costs 6 Expenditure on charitable activities Expenditure on charitable activities Israel Guide Dog Centre Educational projects 7 Other expenditure Staff training and entertainment Motor and travel costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Professional support costs 8 Net (expenditure)/income before transfers This is stated after charging: Depreciation of owned fixed assets	Unrestricted £ 106,759 138,444 245,203 Unrestricted £ 154,773 24,885 179,658	Restricted £ 153,200 - 153,200 Unrestricted £ 21,916 21,916 Restricted £ 153,200 - 153,200 Unrestricted £ 246 - 232 68,097 85,588 154,163 2022 £ 232	Total 2022 £ 259,959 138,444 398,403 Total 2022 £ 21,916 21,916 Total 2022 £ 307,973 24,885 332,858 Total 2022 £ 246 - 232 68,097 85,588 154,163	Total 2021 £ 723,635 73,000
				796,635
				Total 2021 £ 8,641
				8,641
				Total 2021 £ 608,610 22,748
				631,358
				Total 2021 £ 5,069 2,358 308 52,584 61,555
				121,874
				2021 £ 308

Page 11

Israel Guide Dog Centre UK Notes to the Accounts

9 Staff costs

No employee received emoluments in excess of £60,000.

10 Tangible fixed assets

Cost or revaluation At 1 January 2022 At 31 December 2022 Depreciation and impairment At 1 January 2022 At 31 December 2022 Net book values At 31 December 2022 At 31 December 2021	£ 1,234 1,234 540 540 694 694	£ 1,234
		1,234
		540
		540
		694
		694

11 Creditors:

amounts falling due within one year

Accruals 12 Movement in funds Restricted funds: Restricted income funds: PTSD Service dogs Guide dog partnerships Train the trainer (Australia) Total Unrestricted funds: General funds Total funds	At 1 January 2022 - - - - 460,707 460,707	2022 £ 8,702 8,702 Incoming resources (including other gains/losses ) £ 72,000 45,000 36,200 153,200 245,203 398,403	Resources expended £ (72,000) (45,000) (36,200) (153,200) (355,737) (508,937)	2021 £ 1,320
				1,320
				At 31 December 2022 £ - - -
				-
				350,173
				350,173

Page 12

Israel Guide Dog Centre UK Notes to the Accounts

13 Analysis of net assets between funds

13 Analysis of net assets between funds
Fixed assets Net current assets 14 Reconciliation of net debt Cash and cash equivalents Net debt	At 1 January 2022 £	Unrestricted funds £ 694 349,479 350,173 Cash flows £	Total £ 694 349,479
			350,173
			At 31 December 2022 £
	461,101	(102,920)	358,181
	461,101 461,101	(102,920) (102,920)	358,181
			358,181

Page 13