Charlty Registration No. 1197380 Project Rozana UK Annual report and finanaal statements for the year ended 31 December 2023 Project Rozana UK Charlty Reaistrathjn Number. 1197380 Reference and Admlnlstratlve Detslls Page Trustees. Report Independent ExamSnerf5 Report Profit and Los5 Account Balance Sheet Notes to the Financial Statements Oetailed Statement of Flnancial Actlvities io Prolert RO￿Tra UK Charity Re8islratlon Number: 1197380 Dr Saff AzzawS David Emin Michael Gale lappointed March 20231 Dame Anne Marie Rafferty Dr Katelin Teller (appointed March 20231 Charlty NUrn￿r 1197380 R•8lst•red Office 6 Bancroft Avenue LONDON N2 OAS Independent Ex•mln•r Pollock Accounting 34 Sentinel Square London NW4 2EL Project Rozana UK Charity Aeglstratlon Number. 1197380 Trustee< Report The trustees present their annual report and financial ststernents for the year ended 31 December 2023. Objecthies and actl¥ltles Oblerts ond olms The relief of those in need by reason of sickness or111 health. printipally ￿ facilitatlng acce$5 for hildren in the Palestinian territories to high quality medical care in Israel and through the improvement of medical provision In the Palestinian territories through cooperation between Israeli and Palestinian medical ser¥lces and personnel. Publk benefv The trustees confirm that they have cornplied with the requirernents of settTron 17 of the Charltles Act 2011 to have due regard to the pU￿1C ber*fit guidano published by the Charity Commission for England and Wales. Notuft of governlng document The tharity is a registered as a Charitable Incorporated Organlsatlon and Its goveming document is Its Constitution, dated 22 Decernber 2021. Project Rozana UK Charity Registration Number: 1197380 statement of Trustees, Responslbllitles The trustees are responsible for preparing the trustees, report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistentlv,. observe the method5 and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, sublect to any material departures disclosed and explained in the financial statements., and prepare the financial 5tatement5 on the going concern basis unless It is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees of the charlty on 7 January 2025 and signed on Its behalf by.. Michael Gale Chair of Trustees Project Rozana UK Charlty Re8lstratlon Number. 1197380 Independent Examlnerf5 Report to the tntstees of Prolert Rozana UK I report to the charity tru5tee5 on my examination of the accounts of the charty for the year ended 31 December 2023 which are set out on pages 6 to 10. Respectfve responslbllltles of tntstees and examlner As the charivs trustees of Project Rozana UK you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charitie5 Art 20111'the ACVI. I report in respect of my examination of the Project Rozana Ufs accounts tarried out under section 145 of the 2011 Att and in carrying out my examinatKTrn I have followed all the applicable Directions given by the Charity Commlsslon under 5ertion 14515llbl of the Act. Independent examlnerfs statement I have completed my examlnation and I have Th) concerns in respert of any of the matter5111 to {41 listed above and in connection wfch following the Direttlons of the Charity Comrnission I have found no matters that require drawing to your attention. Davld Pollock FCMA 7January 2025 Project Rotsna UK Charlty Reglstrnilon Number. 1197380 Statement ol Flnanclal Adl¥ltles For the year ended 31 December 2023 Total 2023 Totsl 2022 Income from: Donations 35,230 5,589 Investment Incorne Totsl Income 35,230 EXpendI￿re on: Charltable Actlvltles 128,795) 13751 Totsl Exp•ndftur• 128,795) 13751 N•t mov•m•nt In funds 6.435 5.214 R•¢on¢lll•tlon of funds Total funds brought forward 5,214 5,214 Totsl lunds ￿rrIed forward 11.649 5,214 Project Rozana UK Charity Registration Number: 1197380 Statement of Financial Position For the year ended 31 December 2023 2023 2022 Current Assets Cash at bank and in hand 11,649 11,649 5,214 5,214 Current Liabilities invoices not pald 101 Total assets 11.649 5,214 Funds of the charity". Unrestricted funds Restricted fund5 Total Funds 11,649 5.214 11,649 5,214 The financial statements on pages 6 to 10 were approved by the trustee5, and authorised for issue on 7 January 2025 and signed on their behalf by- Ichael Gale Chair of Trtssiees Projert Rozana UK Charlty Reglstratkn Number. 1197380 Notes to the Flnandal 5tstements Forthe Year ended 31 De¢ember 2023 l A¢eountln8 polldes ststement of compllance The financial statements have been prepared in accordance with kcountlng and Reporting by Charities: Ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Chartties SORP IFRS 10211. the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 1021 and the Charities Act 2011. Ba51s of preparatlon Project Rozana UK meets the definition of a public benefft entlty under FRS 102. Assets and liabllltles are recognised at historical cost or transaction value unless ststed in the accounting policy notes. Golng concern The trustees consider that there are M materlal uncertainties alx>ut the charty's ability to continue as a going concern. Income and eThlowm Voluntsry income including donatlons, gifts. legacies and grants that provide core funding or are of Beneral nature is recognised when the charity has entitlernent to the incorne, it Is probable that the in￿rne will be recepied arKI the amount can be tr￿asUred with sufficient reliability. Don*ions and legades Donation5 and legaties are recognised on a receivable basls when receipt is probable and the amount can be reliabfy measured. Expenditure All expenditure is recognised On￿ there is a legal or constructive obllgation to that expenditure. It is probable settlement is required and the amount can be measured reliably. All c05ts are allocated to the appllcable expenditure heading that aEgreEate similar costs to that category. Where costs Cannot be directfy attributed to particular headings, they have been allocated on a basis consistent with the use of rex>urces. with ￿ntral stsff costs allocated on the basis of time spent. Charltsble artivities Charitsble expenditure comprise5 those costs incurred by the charity in the delivery of its activities and services for its beneftciaries. It includes both costs that can be allocated directly to such actlvlties and those costs of an indirert nature necessary to support them. Govemance costs These include the costs attributable to the charitrfs compliano with constitutional and statutory requlrements, Including audit. strategic management aNI trustees. meetlngs and reimbursed expenses. Piolect Rozana UK Charlty Registration Number. 1197380 Notes to the Fjnanclal Statements {contlnuedl For the Year ended 31 December 2023 TanBlble fixed assets Tangible fixed assets are Inltially measured at cost and subsequently measured at cost or valuation, net of depreciatlon and any impairment losses. Depreclation Is recognised so as to wrlte off the cost or valuatlon of assets less thelr residual values over thelr useful Ilves on the followSng bases: T•x•tlon The charity Is consldered to pass the tests set out In Para8raph I Schedule 6 of the Flnance Art 2010 and therefore It meets the definltlon of a charltable company for UK corporation tax purpose5. Accordingly, the charity Is potentlalty exempt from taxatlon In respect of Income or capltal gains recelved wlthln categorles covered by Chapter 3 Part 11 of the Corporatlon Tax Art 2010 or Sectlon 256 of the Taxatlon of Chargeable Galns Art 1992, to the extent that such Income or galns are applled excluslvely to charltable purposes. Cash and cash equlval¢nts Cash and cash equlvalents comprlse cash on hand and call deposlts, and other short-term hlghly Ilquid Investments that a￿ readlly convertlble to a known amount of cash and are subject to an Inslgnlflcant risk of change In value. Fund strurture Unrestrlcted Income funds are general funds that are avèllable for use at the trustees, dlscretlon In furtherance of the oblectlves of the ¢harlty. Restrlrted Income funds are those donated for use In a partlcular area or for speclflc purposes, the use of whlch15 restrlcted to that area or purpose. 2 Incom• from Don•tlon$ and Le8acl•$ Oonatlons from Indlvlduals and trusts Glft Ald clalmed 2023 2022 35,230 5,589 35.205 3 Investment Income Interest ￿CeiVable on bank deposlts 5,589 4 Governan￿ costs Other governance costs 2023 2022 5 Trustee remuneratlon and expens•$ No trustee5. nor any per50ns connected wlth them. have recelved any remuneration from the charity during the year. No trustees have recelved any relmbursed expenses or any other beneflts from the charSty durlng the year. 6 T•xatlon The Charity Is a reglstered charlty and Is therefore exempt from taxatlon.