Israel Guide Dog Centre UK
Charity No. 1188449
Company No. CE021058
Trustees' Report and Unaudited Accounts
31 December 2023
Israel Guide Dog Centre UK Contents
| Pages | ||
|---|---|---|
| Chairman's Report | 2 to 3 | |
| Trustees' Annual Report | 4 to 5 | |
| Independent Examiner's Report | 6 | |
| Summary Income and Expenditure Account | 7 | |
| Balance Sheet | 8 | |
| Notes to the Accounts | 9 to | 13 |
| Detailed Statement of Financial Activities | 14 to | 15 |
Page 1
Israel Guide Dog Centre UK Chairmans Report
Chairman's Report
for the year ended 31 December 2023
Achievements and Performance
No report on our activities in 2023 can start without referring to two defining events for the charity; the horrific terrorist attack on Israel on 7 October, and the passing of our inspirational friend and colleague, Martin Segal, our Executive Director, on 5 January 2024.
Despite his declining health, the October atrocity galvanised Martin to even greater levels of commitment to the Centre, in anticipation of the inevitable surge in demand for guide and service dogs that the months and years ahead will bring. The fact that 2023 ended with an extraordinary income total of close to £500,000 was something that made Martin very proud, and rightly so. Our activities going forward will build on his remarkable achievements in raising the profile of the Centre in the UK and channelling ever greater funds to Israel for its operations.
In 2023 we sent £230,385 to the Centre to meet our annual commitment to its operational needs and to fund a number of special projects. A further £20,442 was expended on education programmes to inform audiences in the UK, including hundreds of schoolchildren, about the needs of blind and disabled people in Israel and how the Centre is helping them. The funds needed by the Centre will undoubtedly grow in 2024, and so we have agreed to commit to a target of NIS 1 million to meet operational costs, and also to fund elements of a new veterinary complex to help ensure that the Centre produces the highest quality, healthiest and happiest dogs possible. These increased commitments will in part be funded from legacy reserves, but also through a fundraising campaign in memory of Martin Segal.
The Israel Guide Dog Centre remains dedicated to providing 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. In expectation of many new clients injured in the Gaza conflict, the pressure to meet these demands will only become more acute, 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.
Some dogs inevitably don’t meet the very high training standards set by the Centre to be guide dogs, but those that don’t are now paired in increasing numbers with clients with different needs. Our PTSD programme, and that for matching therapy dogs with children with autism, mean that even more of our dogs are making a life changing, and sometimes a life-saving, difference. 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.
Page 2
Israel Guide Dog Centre UK Chairmans Report
The Centre provides these services at no cost to our clients, but with only limited funding from sources other than our generous donors, and so we remain enormously indebted to our supporters, whether they fund specific programmes or partnerships, name or sponsor puppies or attend our events.
Principal among these in 2023 were our second Supper Quiz and our Annual Reception. The Supper Quiz was again a sell-out, with over 140 participants coming together to compete for the highly prized winners’ mugs and cuddly labrador puppy toys, and vying for a selection of raffle prizes, whilst learning about the Centre’s vital work.
Our annual reception in November was understandably a more sombre affair, but the infectious optimism of Eden Taharani, with her guide dog Jema, lifted all of our spirits. Eden and Jema also visited three schools, Immanuel College, Yavneh College and Naima JPR, speaking to hundreds of children about her life and the achievements life with her dog has helped to make possible. We were joined by the Centre’s joint-CEO, Carmel Reiss, who described the impact of 7 October and its aftermath on staffing, logistics and rising to the challenges of visiting the injured and displaced, rescuing dogs and preparing for the demands the Centre will face in the future.
The generosity of our donors meant that our previous record for non-legacy income set in 2022 was exceeded by almost £75,000 (£472,013, up from £397,364). But as encouraging as these figures undoubtedly are, the task ahead is enormous if as many as possible of those needing the Centre’s help are to receive guide and service dogs in the coming months and years, and so the generosity of our supporters remains key.
Jon Benjamin Chairman of Trustees
Page 3
Israel Guide Dog Centre UK Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Charities Act 2011, present their report with the unaudited financial statements of the charity for the year ended 31 December 2023.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE021058
Charity No. 1188449
Registered Office
25 Beech Drive Borehamwood Herts WD6 4QU
Trustees
The charity is a Charitable Incorporated Organisation run by its Trustees for the purposes of charity law. The following Trustees served during the year:
M.J. Benjamin A. Blake M.H. Bloom G. Seal (Resigned 19 January 2024) 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 increased this year from £398,403 to £494,513. Whilst, for the same reason, the charity achieved a surplus of £91,166 in the year compared to a deficit of £110,534 in 2022. This resulted in the charity's reserves increasing from £350,173 in 2022 to £441,340 by 31 December 2023.
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.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime in accordance with the Charities SORP (FRS 102).
Signed on behalf of the board
M.J. Benjamin Trustee 25 March 2024
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 2023.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the 2011 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 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, which is one of the listed bodies.
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:
-
accounting records were not kept in accordance with section 130 of the 2011 Act ; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements under section 130 of the 2011 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 methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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
25 March 2024
Page 6
Israel Guide Dog Centre UK Statement of Financial Activities
for the year ended 31 December 2023
| Notes Income and endowments from: Donations and legacies 4 Total Expenditure on: Raising funds 5 Charitable activities 6 Other 7 Total Net gains on investments Net income/(expenditure) 8 Transfers between funds Net income/(expenditure) 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 2023 £ 494,513 |
Total funds 2023 £ 494,513 |
Total funds 2022 £ 398,403 |
|---|---|---|---|
| 494,513 22,589 250,827 129,931 |
494,513 22,589 250,827 129,931 |
398,403 21,916 332,858 154,163 |
|
| 403,347 - |
403,347 - |
508,937 - |
|
| 91,166 - |
91,166 - |
(110,534) - |
|
| 91,166 | 91,166 | (110,534) | |
| 91,166 350,174 |
91,166 350,174 |
(110,534) 460,707 |
|
| 441,340 | 441,340 | 350,173 |
Page 7
Israel Guide Dog Centre UK Balance Sheet
at 31 December 2023
| Company No. CE021058 Notes 2023 £ Fixed assets Tangible assets 10 520 520 Current assets Cash at bank and in hand 449,781 449,781 Creditors:Amount falling due within one year 11 (8,961) Net current assets 440,820 Total assets less current liabilities 441,340 Net assets excluding pension asset or liability 441,340 Total net assets 441,340 The funds of the charity Restricted funds 12 Unrestricted funds 12 General funds 441,340 441,340 Reserves 12 Total funds 441,340 |
2022 £ 694 |
|---|---|
| 694 358,181 |
|
| 358,181 (8,702) |
|
| 349,479 350,173 |
|
| 350,173 | |
| 350,173 | |
| 350,173 | |
| 350,173 | |
| 350,173 |
Approved by the board on 25 March 2024
And signed on its behalf by:
M.J. Benjamin Trustee 25 March 2024
Page 8
Israel Guide Dog Centre UK Notes to the Accounts
for the year ended 31 December 2023
- 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.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
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.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
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. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 9
Israel Guide Dog Centre UK Notes to the Accounts
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.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Plant and machinery 25% Reducing balance
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.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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.
Page 10
Israel Guide Dog Centre UK Notes to the Accounts
2 Company status
The company is a Charitable Incorporated Organisation and consequently does not have share capital.
3 Statement of Financial Activities - prior year
| 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 4 Income from donations and legacies Donations Legacies 5 Expenditure on raising funds Fundraising trading costs Event costs |
Unrestricted funds 2022 £ 245,203 245,203 21,916 179,658 154,163 355,737 (110,534) (110,534) (110,534) 460,707 350,173 Unrestricted £ 472,013 22,500 494,513 Unrestricted £ 22,589 22,589 |
Restricted funds 2022 £ 153,200 153,200 - 153,200 - 153,200 - - - - - Total 2023 £ 472,013 22,500 494,513 Total 2023 £ 22,589 22,589 |
Total funds 2022 £ 398,403 |
| 398,403 21,916 332,858 154,163 |
|||
| 508,937 | |||
| (110,534) | |||
| (110,534) | |||
| (110,534) 460,707 |
|||
| 350,173 | |||
| Total 2022 £ 397,364 1,039 |
|||
| 398,403 | |||
| Total 2022 £ 21,916 |
|||
| 21,916 |
Page 11
Israel Guide Dog Centre UK Notes to the Accounts
6 Expenditure on charitable activities
| Expenditure on charitable activities Israel Guide Dog Centre Educational projects Governance costs 7 Other expenditure Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 8 Net income/(expenditure) before transfers This is stated after charging: Depreciation of owned fixed assets 9 Staff costs No employee received emoluments in excess of £60,000. 10 Tangible fixed assets Cost or revaluation At 1 January 2023 At 31 December 2023 Depreciation and impairment At 1 January 2023 Depreciation charge for the year At 31 December 2023 Net book values At 31 December 2023 At 31 December 2022 |
Unrestricted £ 230,385 20,442 250,827 Unrestricted £ 174 128,077 1,680 129,931 2023 £ 174 |
Total 2023 £ 230,385 20,442 250,827 Total 2023 £ 174 128,077 1,680 129,931 Plant and machinery £ 1,234 1,234 540 174 714 520 694 |
Total 2022 £ 307,973 24,885 |
|---|---|---|---|
| 332,858 | |||
| Total 2022 £ 232 151,891 2,040 |
|||
| 154,163 | |||
| 2022 £ 232 Total £ 1,234 |
|||
| 1,234 | |||
| 540 174 |
|||
| 714 | |||
| 520 | |||
| 694 |
Page 12
Israel Guide Dog Centre UK Notes to the Accounts
| 11 Creditors: amounts falling due within one year Accruals 12 Movement in funds Restricted funds: Unrestricted funds: General funds Total 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 2023 350,174 350,174 |
2023 £ 8,961 8,961 Incoming resources (including other gains/losses ) £ 494,513 494,513 At 1 January 2023 £ |
Resources expended £ (403,347) (403,347) Unrestricted funds £ 520 440,820 441,340 Cash flows £ |
2022 £ 8,702 |
|---|---|---|---|---|
| 8,702 | ||||
| At 31 December 2023 £ 441,340 |
||||
| 441,340 | ||||
| Total £ 520 440,820 |
||||
| 441,340 | ||||
| At 31 December 2023 £ |
||||
| 358,181 | 91,600 | 449,781 | ||
| 358,181 358,181 |
91,600 91,600 |
449,781 | ||
| 449,781 | ||||
| 15 Related party disclosures Controlling party |
The charity has no share capital; thus no single party controls it.
Page 13
Israel Guide Dog Centre UK Detailed Statement of Financial Activities
for the year ended 31 December 2023
| Income and endowments from: Donations and legacies Donations Legacies Total income and endowments Expenditure on: Costs of other trading activities Event costs Total of expenditure on raising funds Charitable activities Israel Guide Dog Centre Educational projects Total of expenditure on charitable activities General administrative costs, including depreciation and amortisation Depreciation of Plant and machinery Bank charges Entertainment Training Marketing Advertising Consultancy fees Postage and couriers Software, IT support and related costs Stationery and printing Subscriptions Telephone, fax and broadband Legal and professional costs Audit/Independent examination fees |
Unrestricted funds 2023 £ 472,013 22,500 494,513 494,513 22,589 22,589 22,589 230,385 20,442 250,827 250,827 174 97 108 - 29,014 6,942 79,543 1,420 5,948 2,056 2,633 316 128,251 1,680 |
Total funds 2023 £ 472,013 22,500 494,513 494,513 22,589 22,589 22,589 230,385 20,442 250,827 250,827 174 97 108 - 29,014 6,942 79,543 1,420 5,948 2,056 2,633 316 128,251 1,680 |
Total funds 2022 £ 397,364 1,039 |
|---|---|---|---|
| 398,403 | |||
| 398,403 21,916 |
|||
| 21,916 | |||
| 21,916 307,973 24,885 |
|||
| 332,858 | |||
| 332,858 232 300 96 150 41,152 15,743 83,548 1,681 4,815 1,822 2,320 264 |
|||
| 152,123 | |||
| 2,040 |
Page 14
Israel Guide Dog Centre UK Detailed Statement of Financial Activities
| srael Guide Dog Centre UK Detailed Statement of Financial Activities |
|||
|---|---|---|---|
| Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
1,680 129,931 403,347 - 91,166 91,166 - 91,166 350,174 441,340 |
1,680 129,931 403,347 - 91,166 91,166 - 91,166 350,174 441,340 |
2,040 |
| 154,163 | |||
| 508,937 - |
|||
| (110,534) | |||
| (110,534) - |
|||
| (110,534) | |||
| 460,707 | |||
| 350,173 |
Page 15