## **Israel Guide Dog Centre UK** **Charity No. 1188449** **Company No. CE021058** **Trustees' Report and Unaudited Accounts** **31 December 2025** **Israel Guide Dog Centre UK Contents** ||Pages|| |---|---|---| |Chairman's Report|2 to 3|| |Trustees' Annual Report|4 to 5|| |Independent Examiner's Report||6| |Statement of Financial Activities||7| |Balance Sheet||8| |Statement of Cash flows||9| |Notes to the Accounts|10 to|16| |Detailed Statement of Financial Activities|17 to|18| Page 1 **Israel Guide Dog Centre UK Chairmans Report** Israel Guide Dog Centre UK Chairman's Report for the Year Ended 31 December 2025 ## **Financial Review and Reserves Policy** Income received increased this year from £626,061 in 2024 to £695,492 in 2025. This, together with utilising our reserves, allowed us to send an unprecedented £771,343 to the Centre. On paper this resulted in a deficit of £237,163, but this was due to the trustees’ decision to put our accumulated assets to the best possible immediate use. At the end of the year we retained £322,902 in reserves, in line with our reserves policy of maintaining sufficient funds to cover approximately six months of overheads and six months of planned operational remittances to the Centre in Israel. ## **Achievements and Performance** After two long years, 2025 saw the release of the last hostages held in Gaza and the repatriation of the remains of those killed, but ongoing conflicts on several fronts continued to present the severest of challenges to all Israelis, both emotionally and physically. As always, the Israel Guide Dog Centre has risen to these challenges, providing practical and emotional support to clients living with sight loss, PTSD or children with autism or dealing with trauma, all the while contending with air raid sirens and the disruptions that are now a part of everyday life. Sustaining the team in Israel, and those of us in the diaspora supporting their vital work, is the knowledge that the guide dogs and service dogs produced by the Centre will continue to make a life changing difference to many hundreds of clients for years to come. Due to the increasing demand for the Centre’s services, and the development of a new, state-of-the-art Veterinary Clinic generously supported by so many donors in the UK, we have been delighted to be able to send an incredible £771,343 to the Centre in 2025. This has not only funded the day-to-day operations of the Centre but also structural improvements, such as the installation of solar panels that will significantly cut both the Centre’s energy bills and its carbon footprint. Increasing the number of dogs produced by the Centre to meet the ever growing demand is itself a challenge, as the Centre’s own highly trained guide dog trainers only have finite capacity to train new trainers. We have been pleased to be able to help address this problem by funding a personnel training programme at a guide dog school in Australia, which will begin in 2026, and also the training of three dogs at a guide dog school in the Czech Republic, who learned the commands they need in Ivrit before completing their training in Israel. The ongoing collaboration with the UK continued, with the supply of a new breeding dog, Bessie, collected last August by the Centre’s Founder and Co-CEO Noach and Orna Braun, who leads the puppy breeding and development programme. Bessie is part of the European Breeding Cooperative scheme, which aims to improve the supply and quality of guide and assistance dogs. Page 2 **Israel Guide Dog Centre UK Chairmans Report** This all helps the Centre to maintain its lifelong support for those who already have a guide or support dog which, when it earns its well-deserved retirement, needs to be replaced, as well as the new clients who come to us for help. All of these services are provided free of charge to the Centre’s clients, and this is only possible due to the incredible generosity of donors in the UK. To raise awareness of our work and to raise funds, we held our most popular ever Supper Quiz in May, the fourth of this annual event. In September, we held a parlour event in Manchester, generously hosted by a good friend of the charity, as we work to increase our outreach to different communities in the UK. In November we welcomed a client-guide dog partnership from Israel for our Annual Reception, and the pair also travelled to Oxford for a community event and visited Jewish schools. We are also grateful for the support of fundraising campaigns and events independently organised by supporters, including the parents and community of Jake Marlowe, murdered at the Nova Festival on 7 October 2023, who have sponsored the naming of three puppies in his memory, Jake, Marlow and Woody. Other supporters have raised funds through a Bridge Day and Simcha and B’nei Mitzvah fundraisers. We are very grateful to them all. We were delighted to welcome our new Executive Director, Karen Brosh, in March, who took over from interim Executive Director, Hazel Kaye, following the tragic passing of Martin Segal in January 2024. 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 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. CE021058** ## **Charity No. 1188449** ## **Registered Office** 25 Beech Drive Borehamwood Herts WD6 4QU ## **Directors and Trustees** The following Trustees served during the year: M.J. Benjamin A. Blake M.H. Bloom 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. ## Reserves Policy It is the policy of the charity to maintain reserves sufficient to cover approximately six months of overheads and six months of planned remittances to the Centre in Israel ## **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. Page 4 **Israel Guide Dog Centre UK Trustees Annual Report** 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 Companies Act 2006. 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 as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board M.J. Benjamin Trustee 11 May 2026 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 2025. ## **Responsibilities and basis of report** As the charity's you are responsible for the preparation of the financial statements. 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, 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; or - the financial statements do not accord with those records; or - the financial statements do not comply with the accounting requirements 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 11 May 2026 Page 6 **Israel Guide Dog Centre UK Statement of Financial Activities** ## **for the year ended 31 December 2025** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
**Total**
**Expenditure on:**
Raising funds
8
Charitable activities
9
Other
10
**Total**
Net gains on investments
**Net (expenditure)/income**
11
Transfers between funds
**Net (expenditure)/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**
**2025**
**£**
682,787
6,511
4,917
1,277|**Total funds**
**2025**
**£**
682,787
6,511
4,917
1,277|**Total funds**
**2024**
**£**
626,061
-
-
-| |---|---|---|---| ||695,492
12,810
784,983
134,862|695,492
12,810
784,983
134,862|626,061
31,303
340,772
135,261| ||932,655
-|932,655
-|507,336
-| ||(237,163)
-|(237,163)
-|118,725
-| ||(237,163)|(237,163)|118,725| ||(237,163)
560,065|(237,163)
560,065|118,725
441,340| ||322,902|322,902|560,065| Page 7 **Israel Guide Dog Centre UK Balance Sheet** ## **at 31 December 2025** |**Company No.**
**CE021058**
**Notes**
**2025**
**£**
**Fixed assets**
Tangible assets
13
292
292
**Current assets**
Cash at bank and in hand
327,700
327,700
**Creditors:**Amount falling due within one year
14
(5,090)
**Net current assets**
322,610
**Total assets less current liabilities**
322,902
**Net assets excluding pension asset or liability**
322,902
**Total net assets**
322,902
**The funds of the charity**
**Restricted funds**
15
**Unrestricted funds**
15
General funds
322,902
322,902
**Reserves**
15
**Total funds**
322,902|**2024**
**£**
390| |---|---| ||390
570,654| ||570,654
(10,979)| ||559,675
560,065| ||560,065| ||560,065| ||560,065| ||560,065| ||560,065| Approved by the board on 11 May 2026 And signed on its behalf by: M.J. Benjamin Trustee 11 May 2026 Page 8 **Israel Guide Dog Centre UK Statement of Cash flows for the year ended 31 December 2025** |**Cash flows from operating activities**
**Net (expenditure)/income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
(Decrease)/Increase in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Dividends, interest and rents from investments
**Net cash from investing activities**
**Net cash from financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**
**Components of cash and cash equivalents**
Cash and bank balances|**2025**
**£**
(237,163)
98
(6,194)
(5,889)
(249,148)
6,194
6,194
-
(242,954)
570,654
327,700
327,700
327,700|**2024**
**£**
118,725
-
-
2,018| |---|---|---| |||120,743
-| |||-| |||| |||-| |||| |||120,743| |||449,781| |||570,524| |||| |||570,654| |||| |||570,654| Page 9 **Israel Guide Dog Centre UK Notes to the Accounts** ## **for the year ended 31 December 2025** - 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 10 **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 11 **Israel Guide Dog Centre UK Notes to the Accounts** ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. ## **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 **Company status** The company is a private company limited by guarantee and consequently does not have share capital. ## 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**
**2024**
**£**
626,061
626,061
31,303
340,772
135,261
507,336
118,725
118,725
118,725
441,340
560,065|**Total funds**
**2024**
**£**
626,061| |---|---|---| |||626,061
31,303
340,772
135,261| |||507,336| |||118,725| |||118,725| |||118,725
441,340| |||560,065| Page 12 **Israel Guide Dog Centre UK Notes to the Accounts** ## 4 **Income from donations and legacies** |Donations
Legacies
5
**Income from charitable activities**
Israel Guide Dog Centre
6
**Income from investments**
Interest Received
7
**Other income**
Event income
8
**Expenditure on raising funds**
_Fundraising trading costs_
Event costs|**Unrestricted**
**£**
619,107
63,680
682,787
**Unrestricted**
**£**
6,511
6,511
**Unrestricted**
**£**
4,917
4,917
**Unrestricted**
**£**
1,277
1,277|**Total**
**2025**
**£**
619,107
63,680
682,787
**Total**
**2025**
**£**
6,511
6,511
**Total**
**2025**
**£**
4,917
4,917
**Total**
**2025**
**£**
1,277
1,277|**Total**
**2024**
**£**
610,259
15,802| |---|---|---|---| ||||626,061| ||||**Total**
**2024**
**£**
-| ||||-| ||||**Total**
**2024**
**£**
-| ||||-| ||||**Total**
**2024**
**£**
-| ||||-| ||||| ||**Unrestricted**
**£**
12,810
12,810|**Total**
**2025**
**£**
12,810
12,810|**Total**
**2024**
**£**
31,303| ||||31,303| Page 13 **Israel Guide Dog Centre UK Notes to the Accounts** ## 9 **Expenditure on charitable activities** |_Expenditure on charitable_
_activities_
Israel Guide Dog Centre
Educational projects
_Governance costs_
10 **Other expenditure**
Employee costs
Motor and travel costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
11 **Net (expenditure)/income before transfers**
This is stated after charging:
Depreciation of owned fixed assets
12 **Staff costs**
Salaries and wages
Pension costs|**Unrestricted**
**£**
771,343
13,640
784,983
**Unrestricted**
**£**
37,834
3,217
98
56,187
37,526
134,862
**2025**
**£**
98
**2025**
35,947
1,887
37,834|**Total**
**2025**
**£**
771,343
13,640
784,983
**Total**
**2025**
**£**
37,834
3,217
98
56,187
37,526
134,862|**Total**
**2024**
**£**
309,744
31,028| |---|---|---|---| ||||340,772| ||||**Total**
**2024**
**£**
-
716
130
52,773
81,642| ||||135,261| ||||**2024**
**£**
130
**2024**
-
-| ||||-| No employee received emoluments in excess of £60,000. Page 14 **Israel Guide Dog Centre UK Notes to the Accounts** ## 13 **Tangible fixed assets** |**Cost or revaluation**
At 1 January 2025
At 31 December 2025
**Depreciation and**
**impairment**
At 1 January 2025
Depreciation charge for the
year
At 31 December 2025
**Net book values**
At 31 December 2025
At 31 December 2024
14 **Creditors:**
amounts falling due within one year
Other taxes and social security
Accruals
15 **Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
16 **Analysis of net assets between funds**
Fixed assets
Net current assets|**At 1 January**
**2025**
560,065
560,065|**2025**
**£**
875
4,215
5,090
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
695,492
695,492|**Plant and**
**machinery**
**£**
1,234
1,234
844
98
942
292
390
**Resources**
**expended**
**£**
(932,655)
(932,655)
**Unrestricted**
**funds**
**£**
292
322,610
322,902|**Total**
**£**
1,234| |---|---|---|---|---| |||||1,234| |||||844
98| |||||942| |||||292| |||||390| |||||**2024**
**£**
-
10,979| |||||10,979| |||||**At 31**
**December**
**2025**
**£**
322,902| |||||322,902| |||||**Total**
**£**
292
322,610| |||||322,902| Page 15 **Israel Guide Dog Centre UK Notes to the Accounts** ## 17 **Reconciliation of net debt** |**Reconciliation of net debt**|||| |---|---|---|---| |Cash and cash equivalents
Net debt|**At 1 January**
**2025**
**£**|**Cash flows**
**£**|**At 31**
**December**
**2025**
**£**| ||570,654|(242,954)|327,700| ||570,654
570,654|(242,954)
(242,954)|327,700| ||||327,700| ## 18 **Commitments** ## _**Operating lease commitments**_ Annual commitments under non-cancellable operating leases are as follows: |**2025**
**Land and**
**buildings**
**£**
Operating leases with expiry date:
**_Pension commitments_**
The pension cost charge to the company
amounted to:
19 **Related party disclosures**
**_Controlling party_**|**2025**
**2024**
**Other**
**Land and**
**buildings**
**£**
**£**
**2025**
**£**
1,887|**2024**
**Other**
**£**
**2024**
**£**
-| |---|---|---| |||| The charity has no share capital; thus no single party controls it. Page 16