CHARITY REGISTrATION NUMBER: 1202568 Friends of the Holy Land Financial Statements 31 March 2024 BSN ASSOCIATES LIMrrED Chartered accountants & ststutory auditor 3B SvRllowfield Coutyard Wolverhampton Road Oldbury West Midlands 869 2JG
Friends ofthe Hoty Land Trustees. Annual Report Perlod from 1 May 2023 to 31 March 2024 The trustees present their rwt and th8 fIrkgr181 Statem of the charrty for Ihe Period end8d 31 March 2024. Refernnce and admlnlstratlve detalls Reglsterad charlty namo Charlty reglstratlon numb•r Prln¢lpal ofNc• Fiiends of the Holy Lar¥J 12028 Faw Ward Road Warwickshire CV8 2DH Thg trustO08 Rt Rev William Kennoy Liam Allma Gail Brown Rt Rev James Cury Rev Canon Davij Long8 Susan Oliver Chades Read Davld Ryall Michaet Sw1ntr[ Petsr Rand Anthony Stokes James Quinn (Appointed 18 Apr 241 (Redred 29 Jun 231 {Retlred 29 Jun 231 {Relred 18 Apr 241 Patrons His EMInCe Cardlnal Wincent Ntcho18, Archblshop of Westmlnsier The Right Roverend Chri$toph•r Chessun, Blshop of Southwark The RKdht Raver8nd Doctor Mlchatsi Langri$h. rellred 8i8hop of Exeter The Most Reverend Bemard Longley, Archbl$hop of Birmingham The Most ReVerd Malcolm Mcmahon, Archbishop of Liverpool The Rlght RevereTrJ and Rlght HOnOurab Loryl Wllli8m8 of Audttor BSN Assoraates Umited Chartered aCCntsnts & stsbjtory alItar 3B Swallowfield Couty8rd Wofverhampton Road Oldbury West Mtdlands B692JG ID: 2116419598Td6b95alc897o125daec3385618870
Friends ofthe Holy Land Trustees. Annual Report Period from 1 May 2023 to 31 March 2024 Structure, govemance and managernl CreatFon, Constitutlon and Governlng Document The charity was created by a deed of trust dated 26th January 2023 arKI registered as a Charitsble Incorpoyate Org8nisabon {CIO) hth the Charity Commissk)n of Er¥Jland & Wales on 30th March 2023, th rIStered charity number 1202568. This new Charity was created in order to take over the woth of an existing Charity. also called Friends of the Holy Land. registsred number 1130054, {whKh had been establrshed in 20091, using the logal structure of 8 CIO. which the Trustees nSidered to be a more appropriate fomi of organisation within which to conduct its &tivibes. On application by the new Charity. the Charity Commission granted an order on 19 April 2023 authorising the transfer of the assets a1 &abli ities from the old to the new Charity and authorising the graniiThJ of an indemntyfrom the CIO to the Trustees ofthe old CharÈty. This IraTh%fer of assets and liabilities took pla on 1st May 2023. The old Charity produced its last accounts for the 1&month period to 30th Awil 2023. It then c8ased its activities. and th8 CIO look over all 8Cttvity pr8vK•usly conducted by the old Chartty on 1st May 2023. The Trustees of the CIO. 8t the time of tts creation. were the same indNlduals who at the time were semng as Trustee8 of the old Charity. The CIO has the same objective5 as the old Charity, namely". - the advancement of religion and advanrnet of education in each se in Israel. Palestine, Jordan and Cypnvs {together the 'H(ly Land'l by nprOv)g the qudtty of education and training In. and prowding financi support to. schools, educational establishments and Parishes, prinapally, but r¢ot exclusively. run by thg Latin Patharch of Jerusalem. for member5 of the Christsan C(munity in the HG4y Land. and - the prevention of rel of poverty and sickness in the Hdy La1 by financral support, organisation of self-help projects, purchase of goods and artefacis of 811 kinds from members of the Chrlgtian community for re-sale by the Chartty and Ihrough any other means by which their qualty of life can be improved. Organisational StTUCture Day to day running of the Charity is conducted by a Managemenl Committee consisting of the Chief Executive Brendan Metcalfe. supported by Michael Swinbume, who is a Trustee and the Honorary Treasurer, and by Jen Hill. the offi Manager. Hoty Land Commfttee Wrth the approval o the Trustees Management Committee has appoin a Ial C(xnTnittee in Bethlohem. Its members are: Revd Dr Fadl Diab IChalTman) Father Fadi is the Rector of St Andrews Episcopal Churth, Raftnah and St P9tsfs BirzeiL He is Diocesan Secretary of th8 Epwjpal Diocese of Jerusalem. Mrs Lalla Asfoura Laila is a founder member of the FHL Hoty LaThJ Committee. She as a Director of St Martha's House. one of the major proierts funded by the Clwrity. Rt Rev Jamal Khader Daibes Bishop Jamal is a Bishop of the Latin Patri8rdte. Ihe P8trtarchal Vur for Jordan, he has Tecentty been apFointsd Head of the Dioceses of Djibouti and Somaiia.
Friends of the Holy Land Trustees. Annual Report Period from l May 2023 to 31 March 2024 Mr George Sa'adeh George rs Principal of the STrEtthards Greek H*Jh Schwl in Bett Sahour and a former Deputy Mayor of Bethlehem. Mr Husam Wahhab Husam is a Cert[ed Publtc Ac£ountant in PalestFne and th8 USA a board member of the Palestine Associalton of c8rt1fd Public A(tountants. Fr Rams AsakTieh OFM Fr Rami is a Franctscan Brother, the partsti pri8se of the Latin Church of St Catherine in Belhlehem. The purpose of this Commiilee Is to help manage the aclivitres of FHL in the Hoty Land, lo identify. recommend. admtnister and monitor the ofy'ects of the chartlable donations and to act on behalf of tt7e Management Committee as the active administration of the Charity wilhin the West Bank and Gaza. The Commiltee was instrumentsl in ensuting the Registration of the Charity with the Palestinian Authortty as a branch of an overseas NGO in Palestin8. granting tho Charity formal authority to conduct its charitablè activibes thrwghout the West Bank and Gaza. Support by the Charity to ChTtstians in Israel and Jordan És made direct from the UK or through other local institutions. The m8mbers of the Committee are all volunleers. A small TrThce has been made available and two part-lime members of staff have been em0 to cary (xrt the day-to-day administration, identification of beneficiaries and rrdg of the Chartvs acfr+Mes in the Holy LaTrJ. The Chief Executive of the charity ss cbsety invoFved with the Local Commiitee. often attending Ih8ir meetings by zoom. and supFMJrting their dev81opmerrt and e17ectiV8r. Revlew and Strategic Plan In April 2022 the Trustees of the original Charity ft)malty appn)ved an updated Strategic Framework and Plan for the next five years. Th8 CIO has adopted this fvfryear plan. Progress against the Plan Is monitored by Trusteès at their quarterly meeting8. and the Plan is to help direct and prSoAtise the work of the Management Committee. Recrultment, Appointment and Tralnlng of Trnstees Chang8S to TDJstees are noted on th8 first page of the reprt and bpjgraphicd detaits of Trustees are av&lable on the Chartty's website. A standing sub-committee of trust plus the Chief ExecutNe is tasked th identifying and interviewing prospective new trustees. wilh a view to maintsining an effective board of trustees and managing the retiremant of e$ting trustees. On appointment all new Trustees are issued a Yrtjstee Inforynakn Pac containing. amongst other things, c4Jpi8s of the Trust D, the latest nCIal Reports and the Tn5sfs policy documents. Govemanc9 and Intemal Controls The Trustees at their quartety meatings have a ctear focus on the corr&t governanc9 of the Charty. This includes the approval of the Charivs policy do¢uments and monitoring comFAlan therewith and receiving written reF¥Nts from the Chief ExecJJbve and the Treasurer. The Chartty operates urtrder an approved set of Standing Orders and a written Delegation of Powets. Since the year end. the Trustees have constituted a Finance & Administration SutpComlttee. consistiro of the Treasurer and three other Trustees. with restK¢nsibillty for supporting the ManwJaM c(Knmittee in I1e areas, and also for determining the remuner3tTon of the Chief Executrve. ID: 2116419598fJ6b95a1¢e97oJ25da8c338561887(
Friends ofthe Hoty Land Trustees. Annual Report{¥ Period from l May 2023 to 31 March 2024 Obi•ctives and acilvities The prime objective of FHL is to support the Christian Fe(We of aEI denominalions in th8 area of West Bank and Gaza. Lsrael and Jdan. knovm as the Hdy Land. This is athlev&g by raising awareness of the ¢hallenge$ they experienw encouraging prayers to Ik offered on their behalf. generating and channelling financial reswrces to provth a sustsinabk future and encouraging visits and pilgrimages to the Holy Land to meet kJ(l Christwns. Raising Awareness We have corrtinued to communicats wilh wilh news18tters and appeals during the year. We are expanding our SOCI medta c#)mmunicslions and issue regular virtual newsletters to cwr supporters via email. We are also 7wcking to extend our reach into other Clyistian communtties across the UK. Encouraglng Prayer At the heart of our ancouragement to prdyer are the rnonthly reltIonS that are posted to our webstie. The wide range of Ix)ntributors shows the breadth of our gjpport and hopefully will inspire readers to maintain their prayerful support for our actsvityes and the t))mmunities we aim to help. We have develord our prayer resour resFMJnding to Ihe (a)nflt in Gaza with a dedicated area of our website lor this purpose. This call to prayer echoed in our regular communications with supporters. Generatlng Funds Funds are generaled from a wide variety of s(wJr. Underpinning our income are monthly standing orders from a group of over 300 of our most loyal supporters. We have an active programme of pulpit appeals wf(h a growing nUMr of supporters who are wepared to stsnd up in th8ir local churches and advocate on beha of the Charity. We are gratefijl to many Bishops who rMmend FHL to their parishes as a destination for Christmas crib offerings. We subscribe to the Free Wills Network and hope that over time legacies will becorne an increasing source of income for the Charity. Following th8 Outbreak of hosttlities in the Gaza strip we appead directy to Christtan churches across the UK, highlighting that through our LX)ntacts in Palestine we could channel funds directly to the three main Christian institubons in Gaza. Thes8 8re St Porphyrius Orthodox Church and the Holy Family Catholic Churth, where many Christian families tfy)k refuge. and continue to shelter and also the af-Ahli Anglican Hospilal. Our emergency appeal attracted signthc8nt donations from Cathollc and Anglican dioceses across the UK, as wdl as many hundreds of individual donatiorkg. In total, within a relatively short space of time. we raised over £120,000. Our Christmas appeal. 0gairt the backdrop of th& war in Gaza raisèd over £220.( and tha LBnt8n appeal raised over £140.000, before the end of the (xwrent financial period. Over the years we have berpfftted from grants from a number of charitable trusts. and in a move to expand this source of income. we started in April 2023 to w(xk with an agency to help identify Potenttal grant-giving trusts and to submit suitable applications. During the perlod we wewed grants from trusts and foUndatiS totalling £77.81XI Ihanks to thi$ Initlive. Following the SucsS of the concert by the LoThJon Welsh Mate Voice Choir held at Westminster Cathedral in February 2023. we hekl a simdar 8verrt at Our Lady of Wictories in KerTrsington in December 2023. Once again this achieved the dual otiecttves of rai8ing funds for the Charity and spreading awareness of its wc*L Encouraglng Pilgrimaggs After the joy of seeing the return of pilgrimages to the Hoty Land after the pandemic reslricttons, the outbreak of war brougm once again an abrupt end to this 2diwty. The FHL wlgrimage organised jointty with the Catenian Assctiation for FetrKuary 2024 w8s regrettatY tpOned. The absence of PlrimS sevarely impacts those Christian communiti&s that work in the various ascts of the tourism sector. We have three aims in this area: to encourage pib3rimages to the Holy Land," to facilitate visits by groups of pilgrims to proj8cts funded by FHL" and tr) provide a d8stination for financial offerings for those who retuming from pilgrimage wi8h to allewate the ptight of Christians in the Holy Land.
Frfends ofthe Hoty Land Trustees. Annual Report (¢onlinue Period from 1 May 2023 to 31 March 2024 Achievements and performanc• The Chartiy fvnds a range of ongoing and ad hoc acthwtses acr the Holy Land. Grants paid in the period amounted to £671,751 and are set oth bdryK. Emèrgency Rèsponse to Gaxa £144,879 to help relieve the situatp)n in Gaza. W& provided assistan tr) the communrbes shettering at the Latin Church of the Hcty Family and the Greek Orth(thx Church of St Porphyrius as well as tre -ANi Hospital run by th8 Lhocese of Jerusalem Medical and Ad.Hoc Support £121,173 for our Tnonlhly 8d-hC and medical requests. Our budget started the year al £6,000 per m(Inth but was swiftly doubled after the onset of th8 war. This covers urgent mlIe31 cases and medications. funding a wide range of treatments from OFerations. invests"gations and tests through to asthma medic8b.on or buying denlures. We also help people wilh utIty debts and rent arrears. Famlly Support £119,182 for vulnerable f8milies arKI elderly peopla who hava LEen kyenbffed as needirvJ regular income who have no other way of supporkng themselves. School of Joy £72.626 to run the school th rune teachers and to provide support to families induding transport tr) and from school. The School of Joy at Belt Sah(yJr, just outside Bethlehem. is almost wholly supFwJrted by funds from FHL. The schooi offers children wth educational. emotional or beh8viour81 difficulties a ¢hance to fvjtfii thair potential in a saf8 and SUPF¥Jrb've envIrment. W8 were ab to increase support from 60 to 78 children. Education and Tralning £68,659 to provide education for young peoe. We provided grants for over 200 children to attend Christian schools, universty fees to train four young peWe in nursing at Bethlehem University. ten vocational scholarships at the Bethlehem Salesian Techni1 Cole. and eight studerrts in Hol81 Management at the Episcop Tn0g1 & voCatMy Trnining Centre in Ramallah. St Martha's House £52,984 for St Martha's Hou$8, the first day care centre for eldwty wornen in Bethlehem. The centr& is attended by 30 women, the majority of whom are Christian widows liwng alone with no one to care for them, either because their families have emigrated, or they simply cannot afford lo help. We provide our ladies with comparuonship, enrichment actÉvities for a healthy mind and body, nutribonal care and some healthcare seThices and check-ups. Water Projects £48,921 lo replace old water tanks and sdar pane19 wilh new ones which should last for 20 year3. We fitted 48 tanks in homes in Bethlaham and began i)ur water proiect in Zababdeh to dig SÉX new shallow wells. Progress on this woiect was slow8r than we had hoped but is continuing into the new finana81 year. Community Support £43,325 for other communty projects. TrKluding buyirrg new sheep for the Ilock in Jordan to pn)duce milk for the cheese project wth Iraqi refugees,- helping the Nazareth S( with refiArbishing Ihelr headquarters to make tt habitable for thiidren; arKt mentorir¥J and buslness support for ycdjng people to help them gain employment. Charftablè Adlvities - Outlook ft+r 202445 In addilion to maintaining our jong-sland1 comments. we are developing new initiatives i emptoyment SUPW and small busines5 creation to hdp deveiop economic IndendenCe, removing tkjc ID: 21l641959823fjb95a1f97cd2sdaeC338567887o
Friends of the Holy Land Trustees. Annual Roport (Ctrf Period from 1 May 2023 to 31 March 2024 rellance on tourism to ing In an income. We are increasing th8 numb8r of students we support on vccational courses. investing in our young people. We continue to work on water projects, providing access to safe water storage for those who need il. We are puttlrKJ more support into East Jenjsalem, an aa that is often overlooked. We have also inrnsed the a&lKK grnnl budget to help with the growir¥J need. Flnanclal rovlow Flnanclal Perfomian Income was derived from indivldual do110 and 18gaci8s. tharttab18 trusts & fodatIonS, through lo¢al support groups. from appeals in parishes ar%1 dioceses and through specific apwals launched during the year. We also g8nwate a small amount of income through the 6ale of olive wood products, crafted in Bethlehem, 8nd through the sale ot Christmas rds. W8 saw an Immedlate and sustaln8d increaso In donakn lollowlng the outbraak of hostilities in Gaza. Thls continued through the subsequent Christrnas and Lenten 8PP8als. As a result of th8 ncredlble generosFty of our donors. the accounts the 11 months to 31st March 2024 report income of £1,292.108. excluding the tranth of the fund$ from the fomier charlty whlch amounted to £393,289. Thls is ovgr £4CNJ,O(Kl more Ihan Inr4)me a¢hleved by our predec888or chartty in the 1&months to 30th Aprll 2024. Charitable gr8nts dlstrlbuled in the perfod amounted to £671.750 compared to £510.794 distrlbuted by our predecessor Charity in the 1knonths to 30th April 2024. The relatively low 18vo1 of distribution ¢omp8r8d lo Income generated reflects tho 8lgnlficant challenges we have b88n faclng In tha ar88S within whlch we operate. In Gaza it became pn)gressiv8ly rrKxo and mre difficult lo get funds to th6 three InstRution8 we h8d bogll sUPPOrting. In the W8st Bank. tho ¢)ccupying Israeli authorities Instituted a v8ry lockdown, maklng daily life extremely chaINJing and slowng down progr8mme$ such ag our water initiative. Res•rv•• Poll¢y As the Charity develops. It Is th& polity of the Trusle8S to hoFd a flnandal ra8eN6 lo LDver 6 months administrallon expenses together wlth a conting&ncy to énsure wnunuity of 0ratIon for key 8re8s of our charitsble activty in ¢lrcumstanc8s where incom& may be lemporarfly Teduced and to respond lo any funding emergoncy that may arise. At th8 ond of th& Current financial perfod w8 h8ve subsl8ntl8l "excess" reserves which we plan to dlsburse over fo11n9 12 to 24 mcmths. subl8cl alayS to thg operating circumstances on the ground. The Charity contrfbLrtes to a Defined contributi behalf of it8 employea& sallsfylng the Ch8Fity'8 obllg8Uons under Ihe AUtEnrolMent regulatlon& Going Concem Whilst the Trusiees are mlndful tst the Charity Is dePt Up Incomo and ¢%)nallons from
Friends ofthe Hoty Land Trustees. Annual Report (¢ttnrfn4I Périod from 1 May 2023 to 31 March 2024 indivKluals and Charitabie TrustslFc4JndatpJns. trw have a reasonable expectation that this wiu contlnue for the foreseeable future. FurthernJor8. grants are only made following the receipt of donation8 and for these reasons it has adopted the 'gcing conGem' basis in pparing the financial stsl8ments. sk Assessment and Managemont The Charity mwntains a Risk Register. revted anThty lry TTUStee5. The princlpal n8w rlsk that has arisen in the pericrtl is the impax of the war In Gaza and the restrictions imposed in the Ocujpied West Bank by tha Israeli authorities. whrch whilst incre8slng the need for our work, make dellvery of prcarammes and grants challenging. Trustses conllnue to b8 mindlul of the need at all times lo ensure Comlance with the Proscrtption of H8mas by HM Govemment In November 2021 as it relates to the ¢haritWs activities in Gaza. Trustees believe there arè no othar Signifint kS In th8 m8nagement of the charity and tho disburs8m8nl of fijnds ralsed. Invostment Pollcy Under the Con$tilutSon of th8 Charity. the Truste8s have p)wers to dewsrt and invest fvnd$. In accordance with this power. the charity has opened a 8h depostt ac>))unt wth the Epworth Cash Plus Fund for Charities. to manage surplu$ cash balanc85. The charlty has no investments other than the cash balanc8s wlth Ep¥Kth and the National Westmlnster Ban Publlc Bonefft Statemfjnt The Trustees consider they have cxJmp118d wfth the duty h Soction 17 of the Charlles Act 2011 10 havè due regard to public bgnefft guidance published by th8 Charity Commlsslon. The Charity's acliv6tles ¥alisfy the objeclives 86t In con8t61utlon and d¢bed on page one of the Annual R8POrt and Accounts. Trusts•$' rpOn$1b1llt1a8 8latonw The tru8tee8 are responsible for preparing the trustees. report and the financial statements in accordance wilh applicable law and United lfjngdom Accounting Standards (Untted ngdoM Generally Accepted Acnting Practic). The law applicable lo ¢hafTlies In England and Wa18s wulres the thartty trustees lo prepare financial slatemenls for each year which give a tru8 and fair view of the state of affairs of the charity and of the ncoming resources and application of resources. of the charity for that period. In prepanng these nn8nci statments. the trustees are ruj to: sefect sullabla ac¢cAJntlThJ p(41cles and then apply tM cx)nststonUy. obs• the mathods and prtncW85 In tha apptic¥bl• CharlE SORP; make Judgments and aCUntIng estlmates that are reasonabfe and PnKlenl" stste whether applicable UK fvLcountlr•J SYarMJard8 have been followed, subject to any material departures discloJ and eXplrd in tho fin8n¢ial ststements,. prepare the finar181 statements on the goirvJ cx)ncem b8sis unless it is inapFKcylat8 to presume that the charity WEII continue in iSIr. tjx ID: 21164195982W5a1ix97cd254aec3385618870
Friends ofthe Hoty Land Trustees. Annual Reportith Perlod from 1 May 2023 to 31 hlarch 2024 The tnJ8tees are responsible for keewng adequate accounting reccKds that are suffident to show and explain the charity's tranSaCtS and thsctose wilh reasonable accuracy at any time the financial Position of the charity and enabl8 them to ensure that the financial statements Comply with the Charities Act 2011, Ihe applicable Charities (Ace(nts aThl ReFK)rtsl Regutations. and th8 provisions of the Trust Deed. They are also responsible for saf8gu8rding the assets of the charity and honce for 18king reasonable Ste for thg prevent#)n and dthtion offrdud and other irr8guiarities. The trustees. annual report was appvoved on 27th Januay 2025 and $4gned behalf of the board of trustees by.. UL- /a, Rt Rgv William Kenney Trustee
Friends ofthe Hoty Land Independent Auditorfs Report to the Membars of Friends of the Holy Land Perlod from 1 May 2023 to 31 March 2024 Oplnion We have audited the fin8nc¢al statements of Friernts of the Hoty Land (the 'charity) for tho Period ended 31 March 2024 which comprise the statement of financial activities. statement of financial position, statement of cash flows and the related notes, cbdlng 8 summary of signfficant acr>)unting polies. The finanual rewrting framework that has apF4ied in th"r preparation is applicable law and Untt8d K5ngdom Accounting Standards, inctuding FRS 102 The Finanual Reporting Standard applicabte in the UK arKI Republic of Ireland (Untied Kingdom Generally Accepted Accounting Practice). In our opinion the fFnancL81 ststements-. give 8 true and fair view of the stste of the charitys affairs as 8t 31 March 2024 and of its Incoming resources and applKation of resou. iThSudirKJ tts income and expendlture, for the Period then ended., havg bean pr(yrty prepared in ac(r with Unitffty lfjngdom GenelY Accepted Accounting Practice" have tse prepa1 in wilh the Tequirements of the charis Act 2011. Basis for oplnlon W8 conducted our audit in accordance with Intemational Stsndards on Auditing (UK) {ISAs (UK)) and applicab law. Our responsti Jilttses under thos8 Standards are furthw described in tho auditorfs responsibilities for the audit of the financiai staterrtents section of our rom We are rndepgndgnt of Ihe charity in accordance with the ethical requirements th are relevant to our audrl of the financial statements in the UK, induding the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordan with these requirements. We beiieve that the audr( evidence we have obtained is suffiaent and appropriate to provide a basis for our opinion. Concluslons relatlng to going concgrn In auditing the financial ststements. we have conduded that the trustees. LL8e of the going c(¢8M basis of accounting irs the preparation of the finan¢ial sl8ments is appropriate. Based on the work we have rformed. we have not identified any material uncertainties relating lo events or condittons that. individually or collectivety, may cast signtficant doubt on the tharity's ability to continue as a going concem for a periobj of at least Iwefve months from when the financi81 ststemènts arp authorlstid for issue. Our responsibilities and the rpSponsl[llIeS of the trustees wtlh respect to g(Mng concem are described in the relevant sectiorts ot this reporL tk ID: 2116419598236Lsa19To125daQc338S6l887ts
Friends ofthe Hoty Land Independent Auditorfs Report to the Members of Friends of the Holy Land Period from 1 May 2023 to 31 March 2024 Other infomiatlon The other information cuftprises the InfOrMth inclth in the annual rewt othw than the financial stements and wr auditorfs rewt thereon. The trustees are responsibbe fr)r the other information. Our opinior¢ on the financial statements does not cover the other infomlion and. except to the extent otherwise 8xpliciMy ststed in our report we do not express any fom of assurance conclusion thereon. In connection with our audlt of the fin8nctal statements. $nSIbil is to read the other information and. in doing so. GDnsider whethw the other Infca*10n is mateTialty inconsistent with the financial statements or knowledge obtsined in the audit or otherwise appears to be materially misstated. If we Klenlify such material Inc(lStenc1eS or apparent malerial migstatements, we are required to detemiine whether there ts a material misststement in the finanaal statements or a material misstatement ofthe other infomiatkm. If. based on the work we have performed. we conclude that there is a m8teriat misstatemenl of this other infom7atlon. we are required to report that fact. We have nothing to report in thÈs regard. Matters on which w9 ar9 requlred to rybort by exception In the light of the knowledge and undersianding of the chaiity and its environment obtained in the cwrse of the audiL we have not identtfied material m1sslatennts in the trustees. r8porL We have nothing to report In respect of the following matters in rejation to which thg Charities Act 2011 requires us to report to yw rf. in our opinion.. the infomi8tion given in the trustees. re is inconsistent in any material respect with the financial statements; or adequate accounting records h9ve not been kept or the financia ststements are not in agreeMt with the accLMJnting reccrds and retums., or we have noi received 1 the infmtion and explanaticms we require for our audTI. Responsibilities of trustées A5 explainèd mora fully in th• trust•g#' rggponsibiltliag gtstamgnt. tha tru8tèa$ arè rasponBibla for thg preparation or flnanuai sfaternents and fE)r bein9 aati•fi¢d that ttY give a trLtra 2nd fair viow, and for such intemal ntrol as the trustees detemline necessary to enae the preparation of financial statsmenls that are free from material missiatemenL whether due to fraud (Y error. In preparing the financial statements. the trustees resPjns1a for assessing the charity's ability to continue as a going concem. disdosiTrJ, as appficable. matters rekated to going concem and using the going concem basis of accounting unless the tsiJste8s etthar irrtend to IiquKJate the charity or to cease operation$. or have no realistic aliernatFve but to do so. 10
Frfends ofthe Hoty Land Independent Auditorfs Report to the Membars of Frlends of the Holy Land Perlod from 1 May 2023 to 31 March 2024 AudIt09 re8pon$lbllttlos forthe audlt of th• flnandal statemonts Our obj8ctive8 are to obtain reasonable awrance about whether the flnancial statements as 8 whole are free from matwial misstatgmenL wh8ther due to trdud or wror. and to issue an audttorfs report that Indudes our opinion. Reasonab aSsUrdn is a high lov81 of assur8nce, but is not a guaranteg that 8n audlt Conducted in accordance with ISK8 (UK) will aNvays detect a material misstatemgnt when it 8xisls. Misstatements can arise from fraud or error and are oNBidered matarial rf, individually or in the aggragale. they ¢ryJld reasonabty be expec to Inffuen tho eo)nomic dectsKTh of users tsken on th8 basls of these financiaf statements. Irregulartti88. including fraud. are rtstsnces of noTrcx)mpllance laws and regulallons. We design procedures in line with our resFonsibilltles, outlined at#)ve. to detect Materi misstatements in respect of Irregularle9. including fra1. The extent to ¥*hlth our procedur8s are c8p8ble of d8tectlng Irragularities. inciLKiing fraud is detalled belovr. Wa havo revlewed financl81 ststemont discbsures and tested ltre to supporting documenlatlon to assess ccvnpliance with applicable laws and regUlatnS. We have audited the risk of management override of controls. induding through testirwJ joumal entri85 and other adjustments for approprial&ness, and evaluating the busine8s rationale of significant transactions outslda the normal course of business. We have also made enqulries of entity staff In tax and compllance functlons to Identify any Instances of nonwcompliance wlth laws and regulatKw. As p8rt of an audr( In actnCe with ISAS (UK), we ox8rclse profess1[ judgment and maintaln professional $cepticism throughout the audit We also: Identify and 8SS888 the risks of matsrial mlsstst8ment of the financlal statemants. whether due lo fraud or error, design and perfonn audtt pnxedures resF4)nslve to those risks, and obtain audit evidence that IS Suffiaent and appropriate to provide a bas1$ for our opinion. The risk of not delecling a material mt$5tatement resulting from fraud is hlgher than for one resulting from error, as fraud may Invoive collus1, lorgery, Intentional omissions, mlsrepresenlations, or the override of internal control. Obtain an understsnding of intemal control refev8nt to the audit in order to do8lgn audit procedures that are appropriate In tha arCUmstan. but not for the purpose of expr8sslng an opinion on the effectiveness of the Intemal control. Evaluate the approprlat8nes8 of 8cYounting pollcles used and th8 reasonabloness of auntIng esllmates and related disdosuros made by the trust8aS. Condude on the appropriatents8 of Ihe truste8S' U8e of the golng conom b8sl8 of accounttng and, based on the audr( evkIere obtsined, whether 8 mat&rial un¢ert8lnty extsts related to events or conditions that may cast stgnificanl doubl on the ¢harTty's abilty to Continue as 8 going concem. If we conclud& that a material uncortainty exksls. we are required to draw attention in our aLtditorf$ report to the related dk%cfosures in the financial stslements or. rf such (lisclosur85 are in8dequat8. to modfy our opinlon. Our ndus1on$ are ba on the audit eviden¢e obtained up lo th8 date of our audttoffs roport However, fur9 events or c(Klti0ns may caus& the charity to cease to conllnue as a ncern. Evaluale the overall presentatFon, strUCre aThl content of the finandal ststements, includlThJ trtre disclosures, and whether the financial Statem represent the underlying transactions and gvents in a manner that 8tttieves fair presentation. 11 Dc¢ ID: 2116419598236b95alce97cd25daec3385618870
Friends of the Holy Land Independent Auditorfs Report to the Members of Friends of the Holy Land Perfod from 1 May 2023 to 31 March 2024 We communicate wth ttKtse thaTged wilh wyae r&3arding. among other mattars. the anned scope and liming of the audit and signrficant audit findingg. inthdiroJ any signfficant deficlencies in intemal control that we Identify during our audiL Use of our rewt Thls report is made sololy to the charWs Thmtws. as a body, In xcordance wth sectlon 144 of the Charttles Act 2011 and regulations made under wtK)n 154 of that ACL Our audlt Work has begn undertaken so that We might state lo the chaTiVs m8mbers those matters we are raquired to state to them in an auditorfs report and for no other purF#)se. To the fullest extent permlttad ty law, we do nol accept or assume resportsibilrty to anyone other than the charity and the charitys members as a body, for our audit work, for this rem, LY for th8 oplnions wè have fomiad. Philippa Miller-Hawkes BA CA (Senior Statutory audibr} For and on behall of BSN As8oclate8 Llmlted Charter6d Accounts & Statutw Auditor 38 Sw811owfield Coutyard Wolvgrhampton Road Oldbury West Midlands B69 2JG 27th January 2025 12
Frfends of the Holy Land Statsment of Financlal Activities Period from 1 May 2023 to 31 March 2024 Period from 1 May 23 to 31 Mar 24 Unres1rted Restrict ftEnds funds Totsl funds Income and endowment5 Donations and lègacies other trading activities Investment InMe 1.256,056 377.793 1.633.849 6,104 1.307.604 6,104 Totsl tn¢ome 377.793 1.685.397 Expendlturg Expenditure on raising funds: Cosls of olher trading actsvi$ Expenditure on thafitable actmttes Total expondtture 26.073 671.569 26,073 937.996 964.069 266.427 697.642 266.427 Net income and net movement in funds 609,962 111.366 721,328 Reconcillation of funds Total funds brought foThvard Transfers between funds Total funds carried fonward (21,342) 588,620 21,342 132.708 721,328 The statement of finaal athitles indudes all gains aThJ losses reccsnlsed in the year. All incom8 and expeThJiture derive trcKn continuing activilies. The notss on pag•s 16 to 23 fomi part ofth•s•lh)an¢lal statement& 13 ID: 211PA19598236b9Sa17cxj2sdaeC338561887C
Friends of the Hoty Land Statement of FinancSal Position 31 March 2024 31 Mar24 Fixed a$$els Tangible fixed assets 15 1,019 Currnnt a88•ts Stocks Debtors Cash al bank and In harKI 16 17 2,F17 80.339 685.019 767.933 Credhors: amounts lalllng duo vAthln one year Net currnnt assets Total ass•ts1o98 current Ilabllltl•¥ Net au•ts 47.626 720,309 721.328 721,328 Funds of th• chartty Restrlcled funds Unrestricted funds Tolal charlty tund8 132,708 588,620 721,328 20 Thesg financial stslements wer& approved by the board of truste88 and aulhorlsed for Is$ue on 2Ph January 2026, and aro slgned on b8half of the board by. // Rt R6v William Kenney Trustee 14-
Frlends of the Holy Land Statement of Cash Flows Period from 1 May 2023 to 31 March 2024 31 Mar 24 Cash flows from operating actlvities Net income 721,328 Adjustments for Depreciation of tangib18 frgd assets Other interest r8cewable and similar incom& Accrued expenses Nel book value of assets tran5feTred to d7arity Changes in." Stocks Trade and other debtors Cash generated from operatio Intet received 288 16,104) 47,626 (2591 12,577) (80.339) 679.963 6,104 Nel cash from operatir¥J activilies 686.067 Cash flows from investing actsvtti05 Purchase of tangible assets Net cash used in investiro adivtbes (1,048) (1.048) Ngt Increase In cash and cash equlvalents Cash and cash equivalents at bBglnning of porlod Cash and cash oqulvalents at end of period 685.019 685.019 15 CkK ID: 21164l9598236b95a197cd2Sdae¢338s61887C
Friends of the Holy Land Notss to the Financial Statsmants Period from 1 May 2023 to 31 Aqarch 2024 Gen•ral Infomiatlon The tharity is a public benefit entity and a registéred thaiity England and Wales and is a Charltable Incorrated OrganalOn. The address of the prirKipd office is FaTher Ward Road, Keniiworth, Warwickshire. CV8 2DH. Slatennt of compliaD¢g These financlal ststements have been prepared in nplIanCe wlth FRS 102. The Financial Rewrting Standard applicable in the UK and Ihe Republic of Ireland,, the Statement of Recommend&1 Prath} applicab to cleS preparirKJ their accounts in aecordance with the Financial Rewrbng Standard appIable in the UK and Rybll¢ of Iland (FRS 102) {Charities SORP IFRS 102)) and the Charities Act 2011. Accounting pollclos Basis of preparation The financial statements have been prepared on the historical o)st basis. as modtfied by the revaluation of certain financial assets and Ibabile$ and investment properties measured at fair value through incx)me or exFThJtture. The financial ststeMts are prepared in stefvd. which is the functicmal currency ofthe entity. Going concem There are materFal uncertainties at)ut the thrÈWs abilty to conlnue. Dlsclosurè exgrnptlons The entity satisfies the criteria of being a qualrfying entity and 8s such, advantage has been taken of the following disclosure exemptions available under FRS102.' - Disclosures in respect of finarrial instrurnents have not been presented. Judgements and koy sources of &stlmatlon un¢•rtainty The preparation of the financial stalements requires management to make judgements. ostlmEtes end asgumptiong that aftert h& amoLmts reportsd. These estimates and jtsdgemènts are continually reviewed and are based on expersence and other factors, inclthying expectstions offuture events that are belrevwj to be reas(Thble Und the ¢wcumstances. Fund accountlng Unrgslricted funds are availabie usa * ts dig>etion of the trustees to futher any of the charity's purposes. Designated funds are unStrICted *Jnts earm8rk&l by the trustees particuLqr fvture project or commiknenL Restricted funds are subjected to restridtons on their expenditure declafed by the donor or through the tern of an apal. arKJ fall into one of ts¥o suthdasses: restricted income funds or endowment fijnds.
Friends of the Hoty Land Notes to the Financial Statsments {cortW Perlod from 1 May 2023 to 31 March 2024 Accounting policles Incoming resources AJI inD)ming resources are inctuded In the statement of finaal ¥tiwtl&¥ when entitlemertt has passed to the (*)artty; tt is proLwbte that trE economic benefits asswated with the transaction will flow to the charity and fhe alrnt ran be reliably nwsur&J. following specffic policies are apFdi&J to paitojlar rAtegori8s of income: income from donatic$ or grants 15 reLvJnksed when there is evidence of entitlement to the 9 reCpt is probable and its amount can be measured reliably. legacy income is rec(vJnised when recept is probable and entent is established. in)Me from ¢kMated grxjds is measurgd at the fair value of the goods unless this is impractical to measure reliably. in which case the value ts derived from the cost to the donor or the estimated resale value. Donated facilrbes and servic8s are r9cognised in the accounts when received rflhe vale Can be reliably measured. No amounts are inciuded for the contribution of general volunteers. income from contracts for Ihe suptAy of servtces is reccgnised with the dellvery of the nlracted servi. Thls is classified a$ unstricted funds unless there is a contractual requirement for it to be spent on a partKular purpose and rebJ[r if unspgnt. in which case it may be regarded as restricted. Resources exnded Expenditure is recognised ortr an aC(alS basts as a liabFIty is inJrred. Expenditure Includes any VAT which (znnot be fully recovered. and is ckssrfied under headings of the statement of financial acttvities to which it relates.. expenditu on raislng funds includes the (x>sts of all fvndryaising activfoes, events, non-charilable trading activrties. and the sale of donated goods. expenditure on charitable acbvrbes includes dl costs incurred by a charty in undertaking activities that fijrther its charitable aims for the benefit of Èts beneficiaries, including those SUPF)Ort costs and costs relating to the g0Veman of the tharity apporknoned to charitable activities. otrw exrenditure indudes a expenrfrtur8 that is D8ither related to raising funds for the charity nor part of its expenditure on charrtable activities. All costs are all(Thted to expenditur8 Cztegories reflecting the use of the resource. Direct costs attributable to a single activty are all¢Thted dir• to that activty. Shared costs ar& apportioned between the actNilt&s they &yrtrIIe to on a reasonable, justifiabEe and Cs¢stent basis. Tangible assets Tangible assets are inibaliy reccyded at cThL and subwuently ststed at st less any accumulaiefj depreciathm and impainnent losses. Any tangibie assets carxt&J at revaltsed amounts are recorded at the farr value at the date of revaluation less any subsequent accumulated depreclation and subwuent a(xuMUla impairment losses. 17 rhx ID.. 2116419598236b95a1ce97tsY25Jaec3385618870
Friends of the Holy Land Not•s to thè Financial Statsments (coTrthN Period from 1 May 2023 to 31 March 2024 Accountlng pollci•s Tanglblo assets fconnu An increase in the carrying anM)unt ol an asset 88 a result of a revalualion. 18 reo)gnised in other r8cognised galns and losses. unless It roversos a charge for Nnpalmisnt that has prevlously racognisèd as expenditure within the siatemenl of financial actlvities. A decreas8 in the carrying amount of an asset as a result of revaluatfion. 4 rects3nlsed in other r8cognl&ed gains and losses. except to which il offsets any prevU8 revatuation gain, in which case the h)ss is shown wthin other recognised gains and losses on the statement of finandal activitses. Depre¢lallon Depreclatlon Is calculated $0 as to wrlt6 off th& ¢cK81 or valuatlon of an asset, le88 It8 resldual value. over the useful econom Ilfe of that asset as follows.. Equipment 33% straight lir Impalrment of Ilxad a88•t8 A reoW for indicators of Impaiment is carrted out at eath reporting date. with the recoverable amount being estimat&J wher8 such indlcators exisL Where the carrying value exceeds the r8coverable amount. th8 asset is impalred accordingly. Prior impaiments are also r8viewed for Possible reversal al each reporttng dats. For the purposes of imp8im&nt t8stlng, when it not possibla to estimat• tha r8¢ov•rable amount of an Individual asset. an esUmat• Is mad? of the r8cover8ble amount of the cash-gener8ting unli to which the 8s$gt bebngs. The Casheneratrn9 unh 1$ the smallest denlifiable group of assets that Includ88 the agset and genwat8s cash irnlows that largely Independent of the c$h inflows from other assets or groups of assets. For impalrm8nl testing of gcodwlll. th8 goodwlll acqulred In a buslness combinatSon Is, from the acquisition dale, allocated lo each of the CaShanrating units that are expected to benefll from the synergies of the combination, wr8sp8Ctiv8 of whether other assets or liabilrties of tho charity am assigned to thos8 units. Stocks Stsxks are measured at Ine lower of (t and estlmated oelling prfGo I¢8 ooots to Gornplet• and s811. Cost indudes all costs of purcha88, costs of conve10n aThJ other costs Incurred in bringlng tho stoth to its present locatk)n and cxxrtllM. Flnanclal In¥truments A finan¢lal asset or a finandal Ilaknllty b rgcwn]sod onty Twh8n the 8ntty bècomeB a party to the ¢ontractual provtsions of the InslrumenL Basic financial instruments are irmtolly recCnSed at the r1vable or paabb including any related transaction c4Jsts, unless the arrangement C(Stitsrtes a financing transaction, where it is recognised at the present value of the future payments dtscounted at a markat rate of Interest for a similar debt instrume Current assets and Trent IFabilitieg arn subwu• Thasur•J 8t thg cash or 0th8r Debt Instruments are subsequenty measured at amortised (y)sL 18
Friends of the Holy Land Notes to the Flnancial Statements (coDtt Pariod from 1 May 2023 to 31 March 2024 Accounting poII¢ioS Defined corrtrlbutlon plans Contributions to defined tcrtri11i0n play ar8 recogniwj as an expwe In the perfod in whlch the related s8rvice is provided. Prepaid contributions are rwgnised as an 8SS6t to the Èxtent that th& prepayment wll lèad to a r&Juction in fvtur8 payrnts or a cash refund. When contributions a not expected to be setued wholly within 12 months of th8 end of th& reporting date in whid) the employees render the relat service, the liability is measured on a discounted pres8nl v81ue ba818. The urmirvjlw of the discount is recognised as an expense in the period in which it arises. Donallonl and l•g•clo8 Unrestricted Restricted Total Funds Funds Funds 2024 Donallon$ Donations Donalior6- transfer from unlncorporated cjwrty 1,8,182 247,874 1.256.056 232,378 145,415 377,793 1,240,560 393,289 1,633.849 oth•r tradlng a¢tlvhle8 Unrestrictèd Total Funds Funds 2024 OINe WCxI products 45.444 Invmtmont Incomo Unr8strl¢ted Total Funds Funds 2024 Bank interesl recelvable 6,104 6.104 Colts ol oth•r Iradlng activltl•s Unre$eted Totsl Funds Funds 2024 OINe w(K)d prcKlucts 26,073 26.073 19 thx10: 2116419s98236th197cd2Sda8c33856l8870
Frlends of the Holy Land Notss to the Financial Statements (c Parlod from 1 Alay 2023 to 31 March 2024 Expendtturo on charltabl8 aGtlvltkn by fund typg Unrestricted Restricted Total Funds Funds Funds 2024 Grant making Support costs 405,324 266.245 286,427 671.751 266,245 671.569 266.427 937,996 Exp•ndltura on charltsbl• Ktlvltlos by athlty type Grant fvnding of activEtIos Support Total funds 2024 Grant maklng 671.751 266,245 937,996 10. Anatysl$ of •upport costs Analysis of support cosls Totsl 2024 Staff costs Communicatlons and Fundraislng Other Costs 105,041 107,007 54,197 105,041 107,007 54,197 266,245 266,245 11. Analysls of grants Perlod from 1M8y23to 31 Mar24 Grant• Gaza Emergency 144.879 121,1T3 119,182 72,626 68,659 52,984 48,921 43,325 671,751 Medical and Ad HOG SUPPOrt Family Support School of Joy Education and Tralnlng st Martha's House Water Proje¢ts Community support Total grants 12. Not Incomo Net income 1$ stated after chargingl{¢redibng): 31 Mar 24 Audrtors Remuneration Depreci8tlon of tsngible fixed assets 6.950
Friends of the Hoty Land Notes to the Financial Statements (Con1&K• Period from 1 May 2023 to 31 March 2024 13. Staff costs The total stsff costs and emFloyee tweffts for the reFQrting period are anatysed as follcms: Period from l May23to 31 Mar24 Wages and salaries Social security costs Employer contributions to pension plans 82.839 6,023 16.179 105,041 The average head count of emF4oy8es during the Pericxj was 4. The number OF employees whose reMurteioTr for the year fell within the foltowing bands, were: 31 Mar 24 No. £60,000 to £69.999 1& Trustse remuneralloft and expen¥es The trustees givè freety trlf time and expertise vrithout any fonn of remunerab.on or othgr banefit. During the peri(Kl. 2 truste8S Wgre reimbursed trdv811ing expenses aMfiting to £438. 15. Tangible fixed assets Equipment Total Cost At l May 2023 Addf(ions 5.010 1.048 5,010 1,048 6.058 At 31 March 2024 Deprociation At 1 May 2023 Charge for the period At 31 M•reh 2024 6,058 4.751 4751 288 5,039 5,039 Carrying amount At 31 March 2024 1.019 1,019 16. Stocks 31 Mar 24 Raw matertals and consumables 2,577 Oc* ID.. 211641959S236b95a1L%97cd25daec3385618870
Friends of the Holy Land Notes to the Financial Statements Perlod from 1 May 2023 to 31 IAarch 2024 17. Debtors 31 Mar24 Prepayments and accnjed irKsxne Other debtors 1,200 79.139 80.339 18. CraditOTS: •nounts falllng due within one y 31 Mar24 Accrual$ and deferred income 47,626 19. Pènsions and other post retirement benefits Definad contributlon plans The amount recognised in inconE or extendtlure as an eXSe In relation to defined contribution plans was £16.179. 20. Analysis of charltable funds Unrestrlcted funds At 31 March 20 At 1 May 2023 Irtcome Expenditure Transfers General ft¢nds Designated Funds 1.250.085 57.519 (292.319} {414.146) (405,3Y3) 392,804 (697,642) {21,342) 543.620 45,000 588,620 1.307,604 Restricted funds At 1 May 2023 31 MarGh 20 Irmne Exp*nditure Trarthrs Restricted Funds 377.793 {266.42n 21.342 132.708
Friends of the Holy Land Notss to the Financlal Ststements (condftu•dJ Perlod from 1 May 2023 to 31 March 2024 20. Anatysls of charftable fvnds Ra8lrlctsd funds Opening Incomlng Outgolng balanco resourc resour¢88 Trdnsf•rs Closlng balancfys Restricted fvnds transferred Gaza Appeal School of Joy Wal&r Appeal Total 145.415 123,S37 107.049 1.792 3TI.793 (145.415) 21.342 30.000 115,415 21.342 (144879) (72,626) 148,921) 1266A2 84.421 68.287 132,708 The balancas on rastrted furMJs rBpreswrt incorn from natio specifically givon and not spent by the year end. Thes8 funds Include donations received to be dlstrubuted over the next o years. The transfer5 from unrestrtted funds represent exp8ndltur8 OLrt of general fund8 not covered by specific don8tlon8. Dg8lgnal•d funds Op•nlng Incomlng Outgolng bftlanc• ro•OUr mour¢o• Tran8fors Closlng balance8 St Martha's Hous8 Family Sumjort Education Medical & Ad Hoc Community Support Total 15,421 5.947 36,151 (52,984) 1119,182) (68,659) (121.173) 143.323) (405,323) 15,000 30.000 143.235 32,508 121,173 43,325 392,804 57,519 45,000 The balances on the above designated funds represent Income from unr8$tricled funds Ihal has been set aside by th8 trust8è8. 21. Analy8ls of not a88Ots botWo•n lund• Unrgthctod Reotrtoted Total Fund Funds Funds 2024 Tanglble fixgd assets Current assets Creditors less than 1 year Nel •$sels 1.019 635.227 147.626) 588.620 1,019 767.935 147,626) 721.328 132,708 132.708 22. Anatysis of Changes In n•t d•bt At 1 May 2023 C88h ffows 31 Mar 2024 Cash at bank and in harKI 685.019 685.019 ID: 2118419598236b95217od2Sda8c538561B87(