Registered charity number 250006
FEDERATION OF JEWISH RELIEF ORGANISATIONS
Report and Unaudited Accounts
For the Year Ended 31 March 2024
FEDERATION OF JEWISH RELIEF ORGANISATIONS Report and accounts Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' report | 2 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the accounts | 9 - 14 |
| Income and Expenditure Account (For Trustees Only) | 15 |
FEDERATION OF JEWISH RELIEF ORGANISATIONS Legal and administrative information
| Charity name: | Federation of Jewish Relief Organisations | Federation of Jewish Relief Organisations |
|---|---|---|
| Nature of governing document: | Deed of Trust establishing unincorporated charitable trust | |
| Charity number: | 250006 | |
| Trustees: | Mr A M Garfield FCA | (Hon. Treasurer) |
| Mrs H J Garfield | ||
| Independent Examiners | Winston Hazelton & Co Ltd | |
| Chartered Certified Accountants | ||
| 34 Arlington Road | ||
| London | ||
| NW1 7HU | ||
| Bankers: | Barclays Bank plc, | |
| Hampstead Branch | ||
| Principal office and charity address: | 120 Salmon Street | |
| London | ||
| NW9 8NL |
1
FEDERATION OF JEWISH RELIEF ORGANISATIONS
Trustees' Report
The trustees of the charity, present their annual report and accounts for the year ended 31 March 2024.
The trustees confirm that the financial statements comply with the current statutory requirements and the Statement of Recommended Practice - Accounting and Reporting by Charities SORP applicable to charities preparing their accounts in accordance with FRS 102 effective 1 January 2019.
Principal Objective and Aims
The principal objectives and aims of the Charity during the year continued to be:
-
To relieve Jewish victims of war and persecution.
-
To relieve poverty and sickness among, and to advance the education of, the Jewish people.
These objectives may be carried out in the UK, Israel or elsewhere. Many of these services are provided through the provision of grants and donations in conjunction with various public sector bodies and non governmental and non profit making organisations.
The trustees are satisfied that the objectives of the Charity have been met through the various activities during the year and ongoing. The charity continues to explore new ways of rendering its services and programs to fulfil its principal objectives and aims.
The manner in which these objectives are achieved is set out in these accounts and trustees' report.
The trustees have had due regard to the guidance issued by the Charity Commission regarding the public benefit and consider this charity to be in the public benefit through the grants and donations being made to the various organisations that the charity makes and facilitates.
Structure and organisation
The Federation was established in 1919. It is an unincorporated charitable trust governed by its Constitution as amended on the 8 August 2004 replacing the previous Constitution.
The Charity is under the overall control of the trustees who meet each year to manage the charity's affairs, to set the policy and overall direction. Decisions are taken by agreement of all the trustees. Day to day responsibility of running the organisation is delegated to the Honorary Treasurer who manages the administration and supervises the services rendered by the Charity, assisted by one paid staff member.
The trustees are the only members of the charity.
The Charity has an open recruitment procedure for new trustees who are appointed if they have the appropriate skills and experience to meet the needs of the organisation. The Charity is encouraging the implementation of policies and procedures for the induction and training of both new and existing trustees. The power to appoint new trustees vests in the existing trustees. The Trustees comprise a minimum number of two and a maximum of ten.
2
FEDERATION OF JEWISH RELIEF ORGANISATIONS Trustees' Report
Principal activity review and future developments
The Federation's income during the year was derived from restricted and unrestricted donations.
Unrestricted donations include £12,238 (2023: £8,560) from the Christadelphians. Other unrestricted donations amounted to £143,721 (2023: £93,890), including £124,000 (2023: £80,000) from Leon Kossoff Artistic Estate, £9,900 (2023: £11,000) from Juliet Hartley and various other donations amounting to £9,821 (2023: £2,890)
The charity received no unrestricted legacies in the year or previous year.
Gift aid and related interest of £2,374 (2023: £5,426) was claimed in the year.
Restricted donations comprise from Maurice Wohl Charitable Foundation £12,000 (2023: £10,000), Juliet and James Hartley £Nil (£8,000), Christadelphians £Nil (2023: £450), other donation of £Nil (2023: £300), for specific activities.
The Federation continues to make donations to various individuals and organisations in accordance with the objects in its Constitution. This has continued after the year end.
The Federation is cognisant of the terrible situation in Israel and Ukraine which is putting additional pressure on the Federation to raise charitable funds.
The trustees are satisfied that the charity's assets are adequate to fulfil its obligations. The level of incoming resources is dependent on grants and donations received which can be affected by the overall economic climate.
The results for the year are considered satisfactory by the Trustees.
Financial Review
There has been no material change in the Federation's activities during the year
During the year, the Federation had total incoming resources of £170,333 (2023: £126,626).
The resources expended were £87,843 (2023: £76,189). Details of these are set out in the notes to these accounts.
Restricted donations of £Nil (2023: £28,750) were paid in the year.
£Nil (2023: £30,363) was paid to the Israel office to support the objects of the charity which was closed in September 2023.
Staff and support costs during the year were met from the unrestricted funds.
The surplus of the net unrestricted incoming resources during the year of £70,490 (2023: £60,437) was added to, the accumulated unrestricted funds brought forward, which amounted to £296,185 (2023: £225,695) at the year end.
The surplus of £12,000 (2023: £10,000 deficit) of restricted incoming resources was added to (2023: deducted from) accumulated restricted funds brought forward leaving accumulated restricted funds of £12,000 (2023: £Nil) at the year end.
A restricted donation from Maurice Wohl Charitable Foundation of £12,000 was paid out after the year end, in April 2024 for medical expenses for an individual.
3
FEDERATION OF JEWISH RELIEF ORGANISATIONS
Trustees' Report
Reserves Policy
The trustees have resolved to maintain reserves at levels considered appropriate to provide for future activities of the organisation. The existing assets are retained to produce income and to meet any annual deficit or will be utilised for future grant making by the trustees depending on their assessment of the needs of the donee at the time. The trustees are concerned not to diminish the charity's assets in the short term as that would restrict their ongoing ability to fund projects as and when considered appropriate by the trustees. The net current assets at the year end are considered adequate as reserves.
The charity maintains unrestricted funds at a level which are more than adequate to meet ongoing management and administration costs. The current year unrestricted expenditure is financed out of unrestricted funds received during the year or from unrestricted funds available at the beginning of the year.
The level of free reserves are monitored and reviewed regularly by the trustees.
During the year the Charity received restricted funds and these were expended to meet the criteria specified by the donor(s).
Investment policy
The constitution authorises the trustees to make and hold investments. The trustees take a prudent view regarding the investment of surplus funds. Accordingly, all funds are placed on current account with the Federation's bankers. The return on bank deposits is being reviewed and considered if a suitable return can be achieved.
Risk management
The Trustees regularly review the major risks which the charity faces. Given the charity's financial controls, the trustees consider there are adequate resources and controls to address any major risks that may arise in the future. The trustees continually examine the operational and business risks likely to be faced by the charity and continue to improve the existing systems to deal with and mitigate any significant risk.
Cooperation with other organisations and bodies (both charitable and non charitable)
The Federation receives requests from other charitable and non charitable organisation for assistance and support. Such requests are reviewed by the trustees and assessed as to whether they are in accordance with the objects of the Federation.
The organisation works closely with an independent charity in Israel, the Israel office of the Federation of Jewish Relief Organisations through whom certain charitable donations are distributed in Israel.
The Charity receives various donations from charitable and non charitable organisations including donations from the Christadelphian community and the charity is grateful for all their support.
Fixed Assets
The changes in fixed asset investments are summarised in the notes to the financial statements.
4
FEDERATION OF JEMSH RELIEF ORGANISATIONS Tru$tees' Report Trustees Th8 lollowing trustees ofthe Charity. who served during the year and had no trera1 Interest in the ftjnds of the charity at the begiAniThJ and eThJ of Ihe year were 35 folkMs'.- r A M Garfd FCA Mrs H J Garfield - Hon. TreJsurer. The trustees receNed remuneoiH)n dunrvj the year. A review of thè Fthralbjn's acMy durir¥J Ihe year is in the Ch8riiS Annual ReFOrt. Trustre8' rwdponsibllltles The trustees are respo18 prparirvJ reF#Nt aThJ acrtsmts in wlh applicable law and regulats"ons. The Charitres Act 2011 requires Ihe tnJ5tees to Wep3 actthmts lor each fiTharKial pgri(NJ whh give a true and fair view ol the slate of alfairs of the Charity as at the balan sheet date and of the statement ol financial activitles for incomiro and rt9)iTh resources fftcbJw¥J Inceme expeThlrture for that perKKI. In preparing Ih05e accounls, the trustees are requir&J to". - sdecl Stsbtab accounlityj then appty them uJnsi5tenty.' - make judgements and estimat8S that are feasorkoble and prud8nl.' - prepa the aceA)UThts on the going ¢oncem basis nS rt woppropnaie to pr8sum8 that the company will continue its adivth"es', state wthether applicab18 %¢ounling standards Indjirj the SORP requirements have been foknvgj subject to any material departure5 di5cbsed arKJ expkqined in the accounts. The trustees are resrIble for maintainry PTOter pnruntiro retords whh disckise wrth r8asonable accuracy al any tirne the finarKial positll of the Charity 8nabl& Ihern lo ensure that the a¢¢ounls comply with tr Chanties Act 201 l with the requir8mènts of Ihe Staternent of RecomrneThkd Practicè applicable in the UK and RepublK of Ind IFRS1021 leffeciw8 1 January 20191- Charrties SORP IFRS1021. the Financial Reporkn'ThJ Standard applicab in tt UK and Republic of Ilnd IFRS1021. They art akso responsible for safeguarding the assets of Ihe Chartty aryj h8nce foi taking reasonab steps for the pVenti)n and dat8th.¢ of frauj and Otr irreguLarthes. Approved by Ihe trust8es and their bd*Tr.- 31 January 2025 Mr A M Gatheld FCA Hon. Treasurer
FEDERATION OF JEWISH RELIEF ORGANISATIONS
for the year ended 31 March 2024
Independent examiner's report on the unaudited accounts to the trustees of the FEDERATION OF JEWISH RELIEF ORGANISATIONS
I report to the trustees of the Federation of Jewish Relief Organisations (the Charity) on the accounts for the year ended 31 March 2024, which comprise the Statement of Financial Activities, the Balance Sheet and the related notes. These accounts have been prepared in accordance with the Statement of Recommended Practice 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 (FRS102) (effective 1 January 2019) - Charities Sorp (FRS102) Second Edition, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
This report is made solely to the Charity's trustees, as a body. My work has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's trustees as a body, for my work, for this report or for the opinion I have formed.
Respective responsibilities of trustees and independent examiners
As described in the statement of trustees' responsibilities in the Trustees' Report, the Charity’s trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the Act)) and that an independent examination is required.
It is my responsibility to:
-
examine the accounts (under section 145 of the 2011 Act); and
-
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145 (5) (b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of independent examiners' report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners and the requirements of the Act. My examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts , and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination of the accounts of the Charity for the year ended 31 March 2024: I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
Monika Hazelton FCCA Independent Examiner Chartered Certified Accountant Winston Hazelton & Co Ltd Chartered Certified Accountants 34 Arlington Road London NW1 7HU January 2025 31
6
FEDERATION OF JEWISH RELIEF ORGANISATIONS
Statement of financial activities (Including income and expenditure account) for the year ended 31 March 2024
| Unrestricted Notes Funds £ Incoming Resources Incoming Resources from generated funds Donations and legacies Unrestricted legacies 2 - Unrestricted donations and grants 3 155,959 Restricted donations and grants 3 - Gift aid receivable 2,374 Investment Income UK Bank interest - Total income and endowments 158,333 Resources Expended Expenditure on raising funds 4 886 Expenditure on Charitable activities Restricted donations, grants and legacies - Unrestricted donations and grants 4 84,354 Other expenditure 4 2,603 Total expenditure 87,843 Net Income/expenditure 5 70,490 Transfers between funds - admin fee - Net movement in funds 70,490 Reconciliation of funds Total funds at beginning of year 10,11,16 225,695 Total funds at end of year 10,11,16 296,185 |
Restricted Funds £ - - 12,000 - - 12,000 - - - - - 12,000 - 12,000 - 12,000 |
2024 Total £ - 155,959 12,000 2,374 - 170,333 886 - 84,354 2,603 87,843 82,490 - 82,490 225,695 308,185 |
2023 Total £ - 102,450 18,750 5,426 - |
|---|---|---|---|
| 126,626 | |||
| 1,341 28,750 43,507 2,591 |
|||
| 76,189 | |||
| 50,437 | |||
| 50,437 175,258 |
|||
| 225,695 |
There were no recognised gains and losses for 2024 and 2023 other than those included in the statement of financial activities.
All incoming resources and resources expended derive from continuing activities.
The notes on pages 9 to 14 form an integral part of these accounts.
7
FEDERATION OF JEWISH RELIEF ORGANISATIONS Balan¢• She¢t as at 31 March 2024 Not•s 2024 2023 Fixed assets Tangible assets Currènt assets Debtor5 Cash at bank 8n¢J in hand 7.602 . 304.235 311.837 10,178 218,822 229.000 Creditors: amounts falling du• wbthln on• y•ar 13.6531 (3,306} Net currènt assets 308,184 225.694 Totsl assots Igss curr•nt 308.185 225,695 Unrestricted funds Restricted fur$ 11 10 296,185 12.000 225.695 Totsl funds 12 308,185 225.695 The trustees are sat&sfied that thè Charity is eniiued exèmptKJn from seCn 14412101 thè Charrties Act 2011 The trustees ackrvAedge thetr responsibiltbe5 tr. lil ensuring ¢hal the Charity keeps proper accounting records whth cornpty wrth Section 130 of the Charitie5 Act 2011", and lill preparing accounts vkniGh gwe a true and fair of the Stale of affaiTS of the Charity as at the end of the financial year and of ts 5tstement of finanaal actNths for the financial year in accnrdance with the requirements ol sect 132 of the ChaIrt$ Act 2011. The aCcjnts We approved by the trustees tsn31January 2025 and signed on tts beh81r. Hon. Treasurèr) The notes on pages 9 to 14 fonn an inlegral part of ihe5e accounts.
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts for the year ended 31 March 2024
1 Accounting policies
a Basis of preparation of financial statements
The accounts have been prepared in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities: statement of recommended practice applicable to charities preparing their accounts in accordance with the Financial Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019), (Charities SORP FRS102) Second edition , the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), and the Charities Act 2011.
The charity is exempted from preparing a cash flow statement due to the adoption of the exemption available to charities with income of less than £500,000.
Assets and liabilities are initially recognised at historical cost or transition value unless otherwise stated in the relevant accounting policy or note.
b Public benefit entity
The charitable trust meets the definition of a public entity under FRS102.
c Going concern
The trustees consider that there were no material uncertainties about the charity's ability to continue as a going concern. The trustees do not consider that there are any sources of uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
d Income
Income comprise the total income receivable during the year which is recognised on an accruals basis of accounting.
Restricted income is matched directly with the relevant expenditure for which the restricted income was received.
Bank interest is included in the income and expenditure account on an accruals basis.
Tax refunds on gift aid donations are accounted for on an accruals basis.
The value of services provided by volunteers has not been included.
e Fund accounting
The Charity reserves have been allocated to separate funds for future application.
Unrestricted funds are incoming resources receivable or generated for the furtherance of the objects of the Charity without a specified purpose and are available as general funds. Resources expended which meet these criteria are charged to the funds, together with a fair allocation of staff and support costs. Unrestricted funds comprise accumulated surpluses on general funds and these are available for use at the discretion of the trustees in the furtherance of the charitable objectives of the Federation.
Restricted funds are those that can only be used for restricted purposes within the objects of the Federation. Restriction arises when specified by the donor or when funds are raised for particular restricted purposes. Resources expended which meet these criteria are charged to the funds.
9
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts for the year ended 31 March 2024
1 Accounting policies continued
f Expenditure
Resources expended and liabilities are recognised as soon as they are incurred on an accruals basis inclusive of any Vat. Expenditure which is directly attributable to specific activities is allocated specifically to the relevant activities for which it is incurred. Provisions are made for all known liabilities which exist at the year end based on the trustees best estimate as to the costs of settling those liabilities.
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-
-Costs of raising and generating funds which includes any fundraising costs incurred.
-Donations payable in furtherance of the charity's objectives. Donations are made to individuals and organisations in order to further the objects of the charity.
-Governance costs for compliance with charitable and statutory requirements.
- -Staff and support costs.
g Staff and support costs
These are management and administration costs and comprise expenditure not directly attributable to the generated funds, charitable or fund raising activities of the Charity, but relate to the furtherance of the charity's objectives. They are therefore allocated to the relevant category of resources expended based on estimates of the time devoted to each activity.
h Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Furniture and Equipment 25% reducing balance
i Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
j Taxation
As a registered charity, the organisation is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only.
Value added tax is not recoverable by the charity and as such is included in the relevant costs in the Statement of Financial Activities.
k Debtors
Debtors are recognised at the settlement amount due after allowing for any discounts and as per the terms agreed. Prepayments are valued at the amounts prepaid for services and accrued income amounts are valued at the amounts due per terms agreed and there is certainty of receipt.
l [Cash at bank and in hand]
Cash at bank and in hand includes bank balances kept in current and deposit accounts.
m Creditors and provisions
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 are normally recognised at their settlement amount after allowing for any discounts.
10
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts for the year ended 31 March 2024
2 Legacy
The amounts received during the year from unrestricted legacies was £Nil (2023: £Nil) and from restricted legacies £Nil (2023: £Nil)
3 Donations and grants receivable
Included in income of the charity is donations and grant income for unrestricted funds of £155,959 (2023: £102,450), restricted funds of £12,000 (2023: £18,750) and gift aid tax refunds and interest due of £2,176 (2023: £5,426).
There was a donation received of £124,000 (2023: £80,000) from Leon Kossoff Artistic Estate in which, Mr A Garfield is a trustee, included in the £156,108 (2023: 102,450) above. None of this remained outstanding at the year end.
| 4 Resources expended a) Analysis of total resources expended Cost of generating funds voluntary income Cost of charitable activities - Grants and donations include amounts towards clothing relief and kindergartens, youth centres, education and medical equipment Other Expenditure - Independent Examiner fees - Office, staff and finance costs |
Direct costs £ - |
Staff costs £ 740 2,590 2,590 - 370 370 3,700 |
Support costs £ 146 513 513 - 73 73 732 |
2024 Total £ 886 |
2023 Total £ 1,341 |
|---|---|---|---|---|---|
81,251 |
84,354 | 43,507 | |||
| 81,251 | 84,354 | 43,507 | |||
| 2,160 - |
2,160 443 |
1,920 671 |
|||
| 2,160 | 2,603 | 2,591 | |||
| 83,411 | 87,843 | 47,439 |
The direct costs of charitable activities - donations of £81,251 (2023: £38,814) includes an amount of £Nil (2023: £30,363) paid to the Israel office of the Federation of Jewish Relief Organisations for projects and costs carried out in accordance with the Federation's objectives. None of these remained outstanding at the year end. The Israel office was located in Tel Aviv, Israel and was closed down in September 2023.
Included in unrestricted donations and grants is £27,300 (2023:£nil) to The British Friends of the Jaffa Institute of which Mr A Garfield is a trustee.
| b) Analysis of support costs Staff costs Bank Charges Other costs |
- - - |
3,700 - - 3,700 |
2024 - 3,700 104 104 628 628 |
2023 4,400 27 2,278 |
|---|---|---|---|---|
| - | 732 4,432 |
6,705 |
Support costs includes all expenditure not directly related to the charitable activity. These are allocated to the relevant category of resources expended based on estimates of time devoted to each activity.
11
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts
for the year ended 31 March 2024
| 5 Net Incoming (Outgoing) Resources for the financial year are arrived at after charging:- Independent Examiners fees 6 Staff Costs Wages and Salaries There were no employees with emoluments greater than £10,000 The average monthly number of persons employed during the year was as follows:- Administration assistant Support assistant |
2024 £ 2,160 |
2023 £ 1,920 |
|---|---|---|
| 2024 £ 3,700 |
2023 £ 4,400 |
|
| 2024 Number 0.4 0.2 |
2023 Number 0.4 0.2 |
|
| 0.6 | 0.6 |
The trustees did not receive any remuneration for services to the charity in the year.
£108 (2023: £1,386) expenses were reimbursed to a trustee in the year for travel and sundry costs.
There were no related party transactions in the year (other than as mentioned in note 3 above) or the previous year.
7 Tangible fixed assets
| Cost At 1 April 2023 At 31 March 2024 Depreciation At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 |
Furniture and office equipment £ 1 |
|---|---|
| 1 | |
| - | |
| 1 | |
| 1 |
12
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts
for the year ended 31 March 2024
| 8 Debtors Other debtors - gift aid tax recoverable 9 Creditors:amounts falling due within one year Accruals and deferred income 10 Restricted funds At 1 April 2023 £ Received and expended - After the year end, in April 2024, £12,000 was expended. |
Incoming resources £ 12,000 |
2024 £ 7,602 |
2023 £ 10,178 |
|---|---|---|---|
| 2024 £ 3,653 |
2023 £ 3,306 |
||
| Resources expended £ - |
At 31 March 2024 £ 12,000 |
||
| Received and expended | At 1 April 2022 10,000 |
Incoming resources 18,750 |
Resources expended (28,750) |
At 31 March 2023 - |
|---|---|---|---|---|
Restricted funds represents donations and funds received for a specific purpose.
| 11 Unrestricted funds At 1 April Incoming resources Resources expended At 31 March |
2024 £ 225,695 158,333 (87,843) |
2023 £ 165,258 107,876 (47,439) |
|---|---|---|
| 296,185 | 225,695 |
Unrestricted funds include earmarked amounts set aside by the trustees for specific projects and expenses and at the year end they amounted to £Nil (2023: £Nil).
| 12 Analysis of net assets between funds Unrestricted Restricted Fund Fund £ £ Fixed assets 1 - Current assets 299,837 12,000 Current liabilities within one year (3,653) - 296,185 12,000 |
Total Fund 2024 £ 1 311,837 (3,653) |
Total Fund 2023 1 229,000 (3,306) |
|---|---|---|
| 308,185 | 225,695 |
13
FEDERATION OF JEWISH RELIEF ORGANISATIONS Notes to the accounts for the year ended 31 March 2024
13 Presentation currency
The financial statements are presented in Sterling .
14 Legal form of entity
Federation of Jewish Relief Organisations is an unincorporated charity governed by its Constitution (as amended). Registered Charity Number 250006.
15 Principal place of business
The address of the charity's principal place of business and registered office is:
120 Salmon Street London NW9 8NL
16 Statement of financial activities (including income and expenditure account) - prior year
| Incoming Resources Incoming Resources from generated funds Donations and legacies Unrestricted legacies Restricted legacies Unrestricted donations and grants Restricted donations and grants Gift aid receivable Investment Income UK Bank interest Total income and endowments Resources Expended Expenditure on raising funds Expenditure on Charitable activities Restricted donations and grants Unrestricted donations and grants Other expenditure Total expenditure Net Incoming/(Outgoing) Resources Transfers between funds Net movement in funds Reconciliation of funds Total funds at beginning of year Total funds at end of year |
General Funds £ - - 102,450 - 5,426 - 107,876 1,341 - 43,507 2,591 47,439 60,437 - 60,437 165,258 225,695 |
Restricted Funds £ - - - 18,750 - - |
2023 Total £ - - 102,450 18,750 5,426 - |
|---|---|---|---|
| 18,750 | 126,626 | ||
| - 28,750 - - |
1,341 28,750 43,507 2,591 |
||
| 28,750 | 76,189 | ||
| (10,000) - |
50,437 - |
||
| (10,000) 10,000 |
50,437 175,258 |
||
| - | 225,695 |
14
FEDERATION OF JEWISH RELIEF ORGANISATIONS Schedule to the Profit and Loss Account for the year ended 31 March 2024
for the information of the trustees only
| Incoming Resources Unrestricted donations Restricted donations Interest Receivable Unrestricted legacies Gift aid receivable Donations and Costs Unrestricted donations Restricted donations and legacies Total Net Incoming Resources Resources Expended Governance costs Accountancy and independent examiner fees Staff cost Wages and salaries Support Costs Rent and cleaning Bank charges Other office costs Travelling expenses Light and heat Advertising and promotion General office expenses Support Costs Total Resources Expended Net Incoming/(Outgoing) Resources for the financial year |
2024 £ 155,959 12,000 - - 2,374 170,333 81,251 - 81,251 89,082 2,160 2,160 3,700 3,700 - - 104 200 - 320 108 628 732 6,592 82,490 |
2023 £ 102,450 18,750 - - 5,426 |
|---|---|---|
| 126,626 | ||
| 38,814 28,750 |
||
| 67,564 | ||
| 59,062 | ||
| 1,920 | ||
| 1,920 | ||
| 4,400 | ||
| 4,400 | ||
| - | ||
| - | ||
| 27 | ||
| 1,422 480 320 56 |
||
| 2,278 | ||
| 2,305 | ||
| 8,625 | ||
| 50,437 |
15