**Charity registration number 263003 (England and Wales)** **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025** ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Mr A Rogoff M.Com, FCMI Mrs I E Woolf-Elbaum Mr M Staszewski **Charity registration** England and Wales **Principal address** JCT UK Gallery House 28 Arcadia Avenue London N3 2TN England and Wales 263003 **Independent examiner** Sam Rogoff & Co Ltd 3rd Floor Great Titchfield House 14-18 Great Titchfield Street London W1W 8BD ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 4| |Independent examiner's report|5 - 6| |Statement of financial activities|7| |Balance sheet|8| |Notes to the financial statements|9 - 15| ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ The trustees present their annual report and financial statements for the year ended 30 September 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the trust's deed, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The trust's objects are to raise funds to support the activities of the Jerusalem College of Technology – Lev Academic Center (JCT) and increase public awareness about the college. Funds are raised for general operational expenses, scholarships and capital projects such as the building of the Tal Campus. The policies adopted in furtherance of these objects are direct and indirect solicitations from grant- making foundations and private individuals and there has been no change in these during the year. JCT provides a clear public benefit through its work as a Torah-observant institution of higher education, widening access to quality STEM degrees for underrepresented communities — including haredi and religious Zionist students — who might otherwise lack pathways into higher education and the professions. By funding JCT's operations, scholarships and campus development, BFJCT in turn provides a public benefit: enabling more students to access transformative education, enter the workforce, and contribute to Israeli society and the broader Jewish world. The trustees have had regard to the Charity Commission's guidance on public benefit in reviewing the trust's aims and activities. Success is measured by the amount of funds raised during the reporting period, the number of new donors and returning donors. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake. - 1 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **Achievements and performance** Rosalind Elbaum made 2 visits to London on behalf of the charity during which she successfully solicited gifts and attended a recruitment event. By funding academic frameworks, specialized infrastructure, and bursaries, The British Friends of Jerusalem College of Technology (BFJCT) directly alters the lives of its primary student beneficiaries while generating positive socio-economic ripple effects across broader society. ## Impact on the Circumstances of Primary Beneficiaries (JCT Students) The charity’s targeted grant distribution and financial interventions yield concrete improvements for JCT students: • Relief from Financial Hardship: Direct scholarships and bursaries alleviate the burden of tuition and living costs, ensuring that qualified students from economically disadvantaged backgrounds do not face financial exclusion from higher education. • Academic and Research Elevation: Grants distributed to JCT improve laboratory infrastructure, fund research fellowships, and supply advanced technological tools, raising the practical quality of the students' degree programs. • Integration of Underrepresented Groups: The funding specifically subsidizes specialized tracks that support the socio-economic mobility of religious or marginalized populations (such as ultra-Orthodox students and Ethiopian-Israelis) who encounter steep cultural and structural entry barriers to academia. • Enhanced Employability: Access to industry-standard tech programs funded by these UK donations helps students transition smoothly from isolation or poverty into highly sought-after engineering, software, and nursing careers. ## Wider Benefits to Society as a Whole The positive outcomes achieved within JCT expand outward to create measurable long-term value for the wider public: • Socio-Economic Inclusion: Subsidizing the education of marginalized demographics brings historically underemployed sectors into the productive workforce, reducing state reliance on social welfare systems. • Advancement of Public Health: JCT houses one of the largest nursing schools in the region. UK-backed capital projects for campus facilities directly address systemic shortages of highly trained, multilingual medical personnel in the public healthcare sector. • Technological and Economic Innovation: Graduates enter the global technology ecosystem as developers, engineers, and high-tech entrepreneurs, actively driving economic growth and creating downstream job markets that benefit society as a whole. ## **Financial review** During the year, funds were raised for the general objectives of the charity. The net movements in funds for the year amounted to £538. Due to the current low monthly expenses, the charity has adequate resources to continue through 2025 and 2026. They have concluded that the charity can continue as a going concern for the foreseeable future. The principal uses of donations made to the charity (to support our key objectives of supporting the activities of the college and increasing public awareness) were as follows: GBP 44,501 gift for the Nursing Course GBP 15,350 - gift for nursing scholarships GBP 252,560 gift for entrepreneurship center - 2 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the trust’s current activities while consideration is given to ways in which additional funds may be raised. There was a total of £24,879 of unrestricted funds at year’s end. This is higher than in previous years, as the charity has been seeking legal advice on its policies and procedures and these expenses are due to be paid in the coming financial year. A total of £302,305 was transferred to the Jerusalem College of Technology in Israel for support of entrepreneurship activities, nursing programmes and other JCT projects. There were total expenses of £30,982. The trustees have assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. ## **Structure, governance and management** The trust is an unincorporated charitable trust. The trustees who served during the year and up to the date of signature of the financial statements were: Mr A Rogoff M.Com, FCMI Mrs I E Woolf-Elbaum Mr M Staszewski To appoint new trustees recommendations are received from the community. The trustees then make enquiries as to the background and other factors. The potential trustee is then asked to send his/her current cv and other information for consideration by the trustees. A meeting is held with the candidate and a decision is made by a majority of the trustees Mr. Shraga Zalzman MBE was appointed trustee on May 4[th] 2026. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. _**Reference and Administrative Details** Charity name_ _**:** The British Friends of Jerusalem College of Technology_ _Charity number: 263003_ _Address: JCT UK, Gallery House, 28 Arcadia Avenue, Finchley, London, N3 2TN Phone: 020 3889 5678_ _Email: elbaum@jct.ac.il_ _Website: www.jctuk.org_ - 3 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ The trustees' report was approved by the Board of Trustees. E8D60000-9D7A-021D-D214-08DEC86145D3 ~~.............~~ ................. Mr A Rogoff M.Com, FCMI **Trustee** 12/06/2026 Date: ............................................. E8D60000-9D7A-021D-D216-08DEC86145D3 - 4 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** I report to the trustees on my examination of the financial statements of The British Friends of Jerusalem College of Technology (the trust) for the year ended 30 September 2025, which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this 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 opinions I have formed. ## **Responsibilities and basis of report** As the trustees of the trust you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the trust’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. As permitted by Direction 2, issued by the Charity Commission the firm for which I work has provided the Company with bookkeeping services during the year ended 30[th] September 2023. As a consequence I have followed the requirement of the FRC’s Ethical Standard when undertaking this assignment. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement. ## **Independent examiner's statement** Since the trust’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the trust as required by section 130 of the Charities Act 2011. - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. E8D60000-9D7A-021D-D1F1-08DEC86145D3 Mrs Emily Brown BSC (Hons) FCA Sam Rogoff & Co Ltd - 5 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **INDEPENDENT EXAMINER'S REPORT (CONTINUED)** ## **TO THE TRUSTEES OF THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** 3rd Floor Great Titchfield House 14-18 Great Titchfield Street London W1W 8BD Dated: 12/06/2026 E8D60000-9D7A-021D-D208-08DEC86145D3 - 6 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **(INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ |**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**2**
40,085
293,740
**Total income**
40,085
293,740
**Expenditure on:**
Raising funds
**3**
13,318
-
Charitable activities
**4**
17,664
302,305
**Total expenditure**
30,982
302,305
**Net income/(expenditure) and**
**movement in funds**
9,103
(8,565)
**Reconciliation of funds:**
Fund balances at 1 October
2024
15,776
27,099
**Fund balances at 30**
**September 2025**
24,879
18,534|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
333,825
49,595
260,167
333,825
49,595
260,167
13,318
2,137
-
319,969
41,841
260,000
333,287
43,978
260,000
538
5,617
167
42,875
10,159
26,932
43,413
15,776
27,099|**Total**
**2024**
**£**
309,762| |---|---|---| |||309,762| |||2,137
301,841| |||303,978| |||5,784
37,091| |||42,875| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 7 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **BALANCE SHEET** ## _**AS AT 30 SEPTEMBER 2025**_ |**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**12**
**Net current assets**
**Total assets less current liabilities**
**The funds of the trust**
Restricted income funds
**13**
Unrestricted funds
**14**
The financial statements were approved by the trustees on ....|**2025**
**£**
349
47,858
48,207
(4,794)| |---|---| ~~...........~~ E8D60000-9D7A-021D-D21D-08DEC86145D3 ................... Mr A Rogoff M.Com, FCMI **Trustee** - 8 - **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **1 Accounting policies** ## **Charity information** The British Friends of Jerusalem College of Technology is a Charitable Trust. ## **1.1 Basis of preparation** The financial statements have been prepared in accordance with the trust's deed, the Charities Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016). The trust is a Public Benefit Entity as defined by FRS 102. The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the trustees have considered a period of 12 months, and have a reasonable expectation that the trust has adequate resources to continue in operational existence for at least this period. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. ## **1.4 Income** Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **1.5 Expenditure** - 9 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **1 Accounting policies** ## **(Continued)** ## **1.6 Tangible fixed assets** Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. ## **1.7 Impairment of fixed assets** At each reporting end date, the trust reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). ## **1.8 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.9 Financial instruments** The trust has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the trust's balance sheet when the trust becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. - 10 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **1 Accounting policies** **(Continued)** ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the trust’s contractual obligations expire or are discharged or cancelled. ## **1.10 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.11 Foreign exchange** Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss. ## **2 Income from donations and legacies** ||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**| |---|---|---|---|---|---|---| ||**funds**|**funds**||**funds**|**funds**|| ||**2025**|**2025**|**2025**|**2024**|**2024**|**2024**| ||**£**|**£**|**£**|**£**|**£**|**£**| |Donations and gifts|40,085|293,740|333,825|49,595|260,167|309,762| ## **3 Expenditure on raising funds** ||**Unrestricted**|**Unrestricted**| |---|---|---| ||**funds**|**funds**| ||**2025**|**2024**| ||**£**|**£**| |**Fundraising and publicity**||| |Advertising|13,318|2,023| |Other fundraising costs|-|114| ||13,318|2,137| - 11 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **4 Charitable activities** ||**Donations**|**Donations**| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Donations to Jerusalem College of Technology Israel|302,305|285,000| |Share of support costs (see note 5)|12,055|11,225| |Share of governance costs (see note 5)|5,609|5,616| ||319,969|301,841| |**Analysis by fund**||| |Unrestricted funds|17,664|41,841| |Restricted funds|302,305|260,000| ||319,969|301,841| |**For the year ended 30 September 2024**||| |Unrestricted funds|41,841|| |Restricted funds|260,000|| ||301,841|| - 12 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ |**5**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Depreciation
164
-
Insurance
731
-
Computer Software
5
-
Consultancy and
administration services
10,706
-
Telephone, Fax and
Internet
121
-
Travelling and Parking
expenses
99
-
Sundry costs
47
-
Bank Charges
182
-
Audit fees
-
4,794
Accountancy
-
815
12,055
5,609
Analysed between
Charitable activities
12,055
5,609|**2025**Support costs Governance
costs
**£**
£
£
164
165
-
731
707
-
5
-
-
10,706
7,984
-
121
263
-
99
1,958
-
47
33
-
182
115
-
4,794
-
3,900
815
-
1,716
17,664
11,225
5,616
17,664
11,225
5,616|2024
£
165
707
-
7,984
263
1,958
33
115
3,900
1,716| |---|---|---| |||16,841| |||16,841| Governance costs includes payments to the accountants of £4,794 for Independent Examination fees. ## **6 Net movement in funds** |||| |---|---|---| |**Net movement in funds**|**2025**|**2024**| ||**£**|**£**| |The net movement in funds is stated after charging/(crediting):||| |Fees payable for the independent examination of the charity's financial||| |statements|4,794|3,900| |Depreciation of owned tangible fixed assets|164|165| ## **7 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the trust during the year. ## **8 Employees** The average monthly number of employees during the year was: ||**2025**|**2024**| |---|---|---| ||**Number**|**Number**| |Total|-|-| There were no employees in the year. - 13 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ ## **9 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. ## **10 Tangible fixed assets** |**Cost**
At 1 October 2024
At 30 September 2025
**Depreciation and impairment**
At 1 October 2024
Depreciation charged in the year
At 30 September 2025
**Carrying amount**
At 30 September 2024
**11**
**Debtors**
**Amounts falling due within one year:**
Prepayments and accrued income
**12**
**Creditors: amounts falling due within one year**
Accruals and deferred income|**Fixtures,**
**Fittings &**
**Equipment**
**£**
658
658
494
164
658
164
**2025**
**2024**
**£**
**£**
349
349
**2025**
**2024**
**£**
**£**
4,794
3,900| |---|---| ## **13 Restricted funds** The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. |**At**|**1**|**October**|**Incoming**|**Resources**|**At 30**| |---|---|---|---|---|---| |||**2024**|**resources**|**expended**|**September**| ||||||**2025**| |||**£**|**£**|**£**|**£**| |||27,099|293,740|(302,305)|18,534| - 14 - ## **THE BRITISH FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 SEPTEMBER 2025**_ |**13**|**Restricted funds**||||**(Continued)**| |---|---|---|---|---|---| ||**Previous year:**|**At 1 October**|**Incoming**|**Resources**|**At 30**| |||**2023**|**resources**|**expended**|**September**| ||||||**2024**| |||**£**|**£**|**£**|**£**| |||26,932|260,167|(260,000)|27,099| ## **14 Unrestricted funds** The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. |**At 1**
General funds
**Previous year:**
**At 1**
Donations to JCT
General funds|**October**
**2024**
**Incoming**
**resources**
**Resources**
**expended**
**At 30**
**September**
**2025**
**£**
**£**
**£**
**£**
15,776
40,085
(30,982)
24,879
**October**
**2023**
**Incoming**
**resources**
**Resources**
**expended**
**At 30**
**September**
**2024**
**£**
**£**
**£**
**£**
5,000
20,000
(25,000)
-
5,159
29,595
(18,978)
15,776
10,159
49,595
43,978
15,776| |---|---| ## **15 Related party transactions** ## **Transactions with related parties** During the year the trust entered into the following transactions with related parties: Insurance purchased in the year from Ashley Page Insurance Brokers Ltd (a related party) totalling £731 Ashley Rogoff (Trustee) has indirect control of Ashley Page Insurance Brokers. - 15 - Document electronically signed www.fusesign.com ## Document Details |Document ID|509b0000-46d8-e699-3ea2-08dec145299c| |---|---| |Document bundle ID|a1e80000-d411-f67b-619d-08dec1452be0| |Uploaded to FuseSign|2026-06-03 08:53 +01:00| |FuseSign subscriber|Sam Rogoff & Co Ltd| |Initiator email|nnagasuganthan@samrogoff.co.uk| |Document completed|2026-06-12 10:24 +01:00| ## Document Signers |Name
Ashley Rogoff
Email
ashley.rogoff@ashleypage.co.uk
Mobile
Not Provided
IP Address/es
195.224.211.54
Signed on Pages
7, 11
Verification Mode
Email Code|| |---|---| ||| |Name
Emily Brown
Email
ebrown@samrogoff.co.uk
Mobile
Not Provided
IP Address/es
213.1.239.202
Signed on Pages
8
Verification Mode
Email Code|| ## Document Audit Log |Date|||User|Transaction| |---|---|---|---|---| |2026-06-12|10:02|+01:00|nnagasuganthan@samrogoff.co.uk|Document Bundle Created by Nithuri Nagasuganthan| |||||(nnagasuganthan@samrogoff.co.uk)| |2026-06-12|10:02|+01:00|System|Access link: sending email to: ashley.rogoff@ashleypage.co.uk. (3| |||||Documents - 2 Signing Actions).| |2026-06-12|10:07|+01:00|Ashley Rogoff|Email Verification Requested to email| |||||ashley.rogoff@ashleypage.co.uk| |2026-06-12|10:08|+01:00|Ashley Rogoff|Code entered and verified| |2026-06-12|10:08|+01:00|Ashley Rogoff|Link opened from IP 195.224.211.54| Document electronically signed by FuseSign Document ID: 509b0000-46d8-e699-3ea2-08dec145299c |2026-06-12|10:09|+01:00|Ashley Rogoff|Document Signed: The British Friends Of Jerusalem College Of| |---|---|---|---|---| |||||Technology - Full Accounts - YE 30th September 2025 [FYI-| |||||160127084].pdf - on page 7 (SignatureID: e8d60000-9d7a-021d-| |||||d214-08dec86145d3, SignatureType: SignedByName)| |2026-06-12|10:09|+01:00|Ashley Rogoff|Document Signed: The British Friends Of Jerusalem College Of| |||||Technology - Full Accounts - YE 30th September 2025 [FYI-| |||||160127084].pdf - on page 11 (SignatureID: e8d60000-9d7a-021d-| |||||d21d-08dec86145d3, SignatureType: SignedByName)| |2026-06-12|10:09|+01:00|Ashley Rogoff|Form fields submitted for document: The British Friends Of| |||||Jerusalem College Of Technology - Full Accounts - YE 30th| |||||September 2025 [FYI-160127084].pdf| |2026-06-12|10:09|+01:00|Ashley Rogoff|Document Signed: The British Friends Of Jerusalem College Of| |||||Technology - Full Accounts - YE 30th September 2025 [FYI-| |||||160127084].pdf (SignatureType: SignedByName)| |2026-06-12|10:09|+01:00|Ashley Rogoff|Ashley Rogoff has completed bundle a1e80000-d411-f67b-619d-| |||||08dec1452be0| |2026-06-12|10:09|+01:00|System|Progressing bundle to signing group 2| |2026-06-12|10:09|+01:00|System|Access link: sending email to: ebrown@samrogoff.co.uk. (3| |||||Documents - 1 Signing Action).| |2026-06-12|10:11|+01:00|Emily Brown|Email Verification Requested to email ebrown@samrogoff.co.uk| |2026-06-12|10:21|+01:00|Emily Brown|Code entered and verified| |2026-06-12|10:21|+01:00|Emily Brown|Link opened from IP 213.1.239.202| |2026-06-12|10:24|+01:00|Emily Brown|Document Signed: The British Friends Of Jerusalem College Of| |||||Technology - Full Accounts - YE 30th September 2025 [FYI-| |||||160127084].pdf - on page 8 (SignatureID: e8d60000-9d7a-021d-| |||||d1f1-08dec86145d3, SignatureType: SignedByName)| |2026-06-12|10:24|+01:00|Emily Brown|Form fields submitted for document: The British Friends Of| |||||Jerusalem College Of Technology - Full Accounts - YE 30th| |||||September 2025 [FYI-160127084].pdf| |2026-06-12|10:24|+01:00|Emily Brown|Document Signed: The British Friends Of Jerusalem College Of| |||||Technology - Full Accounts - YE 30th September 2025 [FYI-| |||||160127084].pdf (SignatureType: SignedByName)| |2026-06-12|10:24|+01:00|Emily Brown|Emily Brown has completed bundle a1e80000-d411-f67b-619d-| |||||08dec1452be0| |2026-06-12|10:24|+01:00|System|Progressing bundle to signing group 3| ## More Information For more information on electronic signatures and to validate this document was signed by the parties listed above, please visit www.fusesign.com. To verify your document, visit: https://app.fuse.work/fusesign/verify/509b0000-46d8-e699-3ea2-08dec145299c Document electronically signed by FuseSign Document ID: 509b0000-46d8-e699-3ea2-08dec145299c