Charity Registration No. 270733 THE UNIVERSITY OF HAIFA UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 ## THE UNIVERSITY OF HAIFA UK ## LEGAL AND ADMINISTRATIVE INFORMATION |Trustees|Sir Walter Bodmer FRC Path, FRS| |---|---| ||Mrs Hana Smouha| ||Mr Peter Kadas| ||Professor Simon Baron-Cohen| ||Dr Efrat Sopher| ||Mr Russell Jacobs| ||Lady Irene Hatter| |Charity number|270733| |Independent examiner|Julie Mellowes FCCA| ||UHY Hacker Young| ||Quadrant House| ||4 Thomas More Square| ||London| ||E1W 1YW| |Bankers|Metro Bank| ||One Southampton Row| ||London| ||WC1B 5HA| THE UNIVERSITY OF HAIFA UK ## CONTENTS ||Page| |---|---| |Trustees' report|1 - 3| |Independent examiner's report|4| |Statement of financial activities|5 - 6| |Balance sheet|7| |Notes to the financial statements|8 - 16| ## THE UNIVERSITY OF HAIFA UK ## TRUSTEES' REPORT ## FOR THE YEAR ENDED 5 APRIL 2021 The trustees present their annual report and financial statements for the year ended 5 April 2021. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Trust 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)". ## Charity Registration Number: 270733 Registered Office: University of Haifa UK, PO Box 75919, London, NW3 9YP ## Objectives and activities The object of The University of Haifa UK is to raise funds for the advancement of education in association with and relating to the charitable educational activities of The University of Haifa. The funds raised are to promote and assist building development of classrooms, lecture rooms, laboratories, library, halls of students residence; to promote and assist the endowment and provision of scholarships, bursaries, prizes, exchanges, travel fellowship, research, explorations, or other educational awards; for the establishment and promotion of research centres and institutes; to provide funds and join in the administrative provisions for the establishment of fellowships, professorial chairs and lectureships and generally promote or assist in the training of academic teaching staff; to assist in or promote research into the diverse charitable fields of learning and assist in the publication of educational material. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## Grant making policy ## Donations and transfer of funds to the University of Haifa All earmarked funds raised in the UK for specific objects and projects at the University are transferred in full to the University normally within less than one month from receipt by the Charity. Sundry nonearmarked donations are earmarked by the charity according to priorities set by the Charity and the University, and transferred to the University as well. The administrative costs are covered by the University and working capital is transferred from the University to the Charity on a quarterly basis. ## Public benefit The trustees have complied with section 17(5) of the 2011 Charities Act, having due regard for the Charity Commission’s guidance on public benefit when reviewing the trust’s aims and objectives, when setting the grant making policy and in making awards. ## Trustees' Insurance The trustees have decided to renew the Trustees Indemnity Insurance as part of the Charity’s risk management strategy. Insurance cover is in force up to a limit of Indemnity of £500,000 for any one claim. - 1 - THE UNIVERSITY OF HAIFA UK TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 ## Achievements and performance With the severe impact of the pandemic affecting all fundraising activities, the Trustees decided to end the employment of both fundraisers while the challenging circumstances continued. The operation therefore was scaled down to a holding situation until circumstances changed; keeping the charity extant to ensure pledged instalments were paid on a regular basis. Income was managed and recorded by Financial Assistant, Rachel Msika, who transferred the funds to the University and kept them updated with financial matters. A large gift was received from the Davis Foundation to support the wild seed gene bank; the final payment of a four-year pledge from the Foundation. The Polonsky Foundation gave their final grant supporting Ethiopian origin students’ scholarships. A number of lower-level regular payments continued to be made, but no pro-active fundraising was undertaken. The Trustees remain engaged and committed and, looking to the future, when the situation allows, they look forward to scaling activities of The University of Haifa UK back up. The Trustees, with the University, are making plans to bring in new leadership to The University of Haifa UK as the University begins to plan for its 50th anniversary celebrations and activities. ## Financial review Incoming resources of the charity for the year amounted to £274,474 (2020 - £1,034,585). Total resources expended for the year decreased to £210,826 (2020 - £1,110,617) which includes charitable donations paid to the University of Haifa of £104,867 (2020 - £845,674). Of the charity's reserves the unrestricted funds have a balance of £121,604 (2020 - £54,451) and can be used in accordance with the charitable objectives at the discretion of the Trustees. ## Reserves Policy ## Reserve funds The policy of The University of Haifa UK is to retain in the Charity’s bank in London a sum equivalent to 10-12 months’ administrative costs. ## Structure, governance and management The Charity has been established as a Charitable Trust under a Trust Deed dated 31st December 1975 as amended on 1 October 2017. As per the Trust Deed and the Trustees' Resolution dated 20 September 2018, the number of trustees shall be no less than three and no more than 10 at any given time. Induction and training of trustees are at the discretion and judgement of the trustees themselves on changing needs, and under no set policy. - 2 - THE UNIVERSITY OF HAIFA UK TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED S APRIL 2021 The tru5tc¢s who served during the y¢ar and up to the date of signaturc of the financial siat¢m¢nts were.. Sir Waltcr Bodmer FRC Path. FRS Mrs Hana Smouha Mr P¢ter Kadas Professur SiTnon Baronlohen Dr Efrat Sopher Mr Russell Jacobs Lady Irene Haller Statement of t￿$1¢¢5, responsibilities The trustees ar¢ r¢5ponsiblc for preparing th¢ Trust¢¢s' Report and the financial statements in a¢¢ordan¢¢ witli applicabl¢ law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢eptcd Accounling Praclice). The law applicable to chariiies in F.ngland and Wales requires the trustccs to prepare finaiicial stat¢ments for ¢ach financial year which giv¢ a true and fair view of th¢ state of affairs uf th¢ charity and of the in¢(Trming resources and applicalion of rcsources of the charity lor that year. In preparing these financial Statemen￿ the tNst¢¢s ar¢ r¢quired to-. select suilable accounting policies and then applv them consistentlv- obSe￿e the m¢ihods and principles in th¢ Charilics SORP- Inak¢ judgcments and estimates that ar¢ rca50nable and prudenL stat¢ whether applicable accounting slandards have l*en followed. subject to any mat¢rial departures disclosed and explained in the financial staiemenis: and prepare the financial stat¢m¢nts on the goin8 con¢¢rn basis unless it is inappropriate to presume that the charity will continu¢ in operation. The trusiccs are responsible for kccping suificient accoutlling records that disclose with reasonable accuracy at any time the financial position of the Lharity and ¢nabl¢ them io ensure that the finai?cia ststcm¢nts comply wilh the Charili¢s Act 2011. the Charity (Accounts and Reports) R¢gulations 2008 and thc provisions of ihe trust d¢¢d. The). are also responsible for safe.￿uard1ng the ass¢ts of the charity and hence for taking r¢asonable steps for th¢ p￿Y¢nI10n and detection of fraud aiid other irregularitie5. The trustees, repo prov¢d by the Board of Truslc¢s. Mr Ru8S Ctpchair of the ard of Trustees Date.. 2 FebNary 2022 Hackeryoung Qu*Jrani House 4 ThoTrk4s Mote Squar Lty%k)n EIW IYW ¢TharterwJ b£c(yJntsnts TO THE TRUSTEES OF THE UNIVERSITY OF HAIFA UK I report to the tr￿Stee$ on my examination of the financial statements of The University of Haifa UK (the charity) for the year ended 5 April 2021. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in ac¢ord&n¢e with the requirements of the Charities Act 2011 {the 2011 Act). I report in respect of my examination of the charity's finar￿jaI stst¢m¢nts carried out under s¢¢tion 145 of the 2011 ACL In carrying out my examination I have followed all dle applicable Directions given by the Charity CoMmi￿10n under section 145(5Xb) of the 2011 ACL Independent exAmi•er's ststement Since the charity's gross income ¢xceed¢d £250.(KJO your examiner must be a member of a body listed in section 145 of the 2011 Act. l ¢onfirn] that I am qualified to undertake the exRmination because l am a member of the A$S￿latiOn of Chartered C¢rtifiedAccounlanty which is one of th¢ listed Wies. I have completed my examination. I confirm that no matters have come to my attention in cot)nection with the examination giving me ¢atw to believe that in ony materiat resp¢¢t: accounting records were not kw in respert of the charity as rwuired by s￿l0n 130 of the 2011 A or 2 the financial statements do ty)t accord with tlM)se Tecord4' or the financial statements do not C4)mply with the atvlicable requirements concerning the fonn and content of a¢￿Unts 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 p2rt of an independent examinatio I have no concerns and have come across no other matters in Conne￿0￿ with the examination to whKh attention should be drawn in this report in order to enable a proper ut¥lerstanding of the financial ststements to Ix re&ched. Julie Mellowes FCCA UHY Hacker Young 4 Thomas More Square London Elw IYW Dated: 2 February 2022 ## THE UNIVERSITY OF HAIFA UK ## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 5 APRIL 2021 |Current financial year|Current financial year||||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds||| |||||2021|2021|2021|2020| ||||Notes|£|£|£|£| |Income and endowments from:|||||||| |Donations and legacies|||2|29,802|100,947|130,749|765,913| |Funding received from the University of Haifa|||3|143,725|-|143,725|268,672| ||||||||| |Total income||||173,527|100,947|274,474|1,034,585| ||||||||| |Expenditure on:|||||||| |Raising funds|||4|105,959|-|105,959|264,943| |Charitable activities|||5|415|104,452|104,867|845,674| ||||||||| |Total resources expended||||106,374|104,452|210,826|1,110,617| ||||||||| |Net income/(expenditure) for the year/|||||||| |Net movement in|funds|||67,153|(3,505)|63,648|(76,032)| |Fund balances at 6 April 2020||||54,451|14,352|68,803|144,835| ||||||||| |Fund balances at|5 April 2021|||121,604|10,847|132,451|68,803| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. - 5 - ## THE UNIVERSITY OF HAIFA UK ## STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT ## FOR THE YEAR ENDED 5 APRIL 2021 |Prior financial year|Prior financial year|||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|| |||||2020|2020|2020| ||||Notes|£|£|£| |Income and endowments from:||||||| |Donations and legacies|||2|905|765,008|765,913| |Funding received from the University of Haifa|||3|268,672|-|268,672| |||||||| |Total income||||269,577|765,008|1,034,585| |||||||| |Expenditure on:||||||| |Raising funds|||4|264,943|-|264,943| |Charitable activities|||5|901|844,773|845,674| |||||||| |Total resources expended||||265,844|844,773|1,110,617| |||||||| |Net income/(expenditure) for the year/||||||| |Net movement in|funds|||3,733|(79,765)|(76,032)| |Fund balances at 6 April 2019||||50,718|94,117|144,835| |||||||| |Fund balances at|5 April 2020|||54,451|14,352|68,803| - 6 - THE UNIVERSITY OF HAIFA UK BALANCE SHEET AS AT S APRIL 2021 2021 2020 Note5 Current assets Debiors Cash ai bank and in hand 7$4 136.920 22.465 -$7.012 137.674 79.477 Credilors.. 8rnounts falling due 'ithin one year io (5.?23) {10.674) N¢t ¢urrent a55ets 132,451 68,803 Intome fund5 Resiricied funds Unresiric(ed tunds 12 10.847 14.35? 54,4) I 132.451 68.803 The financi aiements were approvcd by the T￿￿lee5 on ? Febnjar)" ?0?2 1155el Trusiee obs ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2021 ## 1 Accounting policies ## Charity information The University of Haifa UK is a Charitable Trust established under a Trust Deed dated 31 December 1975 as amended on 1 October 2017. ## 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's trust 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)". The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. 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 The University of Haifa will continue to support the charity to meet its liabilities as they fall due for the foreseeable future. At the time of approving the financial statements, the trustees therefore have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. 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 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 charity 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 charity 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 charity 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. - 8 - ## THE UNIVERSITY OF HAIFA UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 ## 1 Accounting policies (Continued) Assets for distribution are recognised only when distributed. Assets given for use by the charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes. ## 1.5 Expenditure Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Charity to the expenditure. All expenditure is accounted for an accruals basis and has been classified under headings that aggregate all costs related to the category. Governance and support costs comprise all costs involving the public accountability of the Charity and its compliance with regulation and good practice, including all management and administrative costs. All governance and support costs are incurred in connection with raising funds and have been allocated accordingly. ## 1.6 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. ## 1.7 Financial instruments The charity 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 charity's balance sheet when the charity 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. - 9 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 ## 1 Accounting policies (Continued) ## 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. ## Derecognition of financial liabilities Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled. ## 1.8 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 charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## 1.9 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. - 10 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 5 APRIL 2021 ## 2 Donations and legacies ||Unrestricted|Unrestricted|Restricted||Total|Unrestricted|Unrestricted|Restricted||Total| |---|---|---|---|---|---|---|---|---|---|---| |||funds|funds||||funds|funds||| |||2021|2021||2021||2020|2020||2020| |||£|£||£||£|£||£| ||Donations and gifts|415|100,947||101,362||905|765,008||765,913| ||Coronavirus Job|||||||||| ||Retention Scheme|||||||||| ||grants|29,387|-||29,387||-|-||-| |||||||||||| |||29,802|100,947||130,749||905|765,008||765,913| ||Donations and gifts|||||||||| ||Donations|415|99,393||99,808||905|750,656||751,561| ||Gift aid|-|1,554||1,554||-|14,352||14,352| |||||||||||| |||415|100,947||101,362||905|765,008||765,913| |3|Funding received from the|University of Haifa||||||||| |||||||||2021||2020| |||||||||£||£| ||Funding received from the University of Haifa|||||||143,725||268,672| - 11 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 5 APRIL 2021 |4|Raising funds|||||| |---|---|---|---|---|---|---| ||||Unrestricted||Unrestricted|| |||||funds||funds| |||||2021||2020| |||||£||£| ||Fundraising and publicity|||||| ||Hospitality and networking|||-||1,096| ||Advertising|||1,099||-| |||||||| ||Fundraising and publicity|||1,099||1,096| ||Support and governance costs (see note 6)|||104,860||263,847| |||||||| |||||105,959||264,943| |5|Charitable activities|||||| |||||2021||2020| |||||£||£| ||Payments made by donors directly to the University of Haifa|||-||508,006| ||Payments from the charity to the University of Haifa|||104,867||337,668| |||||||| |||||104,867||845,674| ||Analysis by fund|||||| ||Unrestricted funds|||415||901| ||Restricted funds|||104,452||844,773| |||||||| |||||104,867||845,674| - 12 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) ## FOR THE YEAR ENDED 5 APRIL 2021 |6|Support costs|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||Support||
Governance||||2021||Support|
Governance|||2020| ||||costs|||costs||||costs||costs||| ||||£|||£||£||£||£||£| ||Staff costs||84,300|||-||84,300||140,492||-||140,492| ||Rent & rates||2,997|||-||2,997||25,920||-||25,920| ||Office expenses||522|||-||522||121||-||121| ||Bank charges &|||||||||||||| ||interest||120|||-||120||285||-||285| ||Travel||31|||-||31||4,354||-||4,354| ||Sundry expenses||1,046|||-||1,046||1,776||-||1,776| ||Computer expenses||1,919|||-||1,919||1,220||-||1,220| ||Independent examiner's|||||||||||||| ||fees||-|||1,800||1,800||-||-||-| ||Audit fees|||||||||||4,440||4,440| ||Accountancy||-|||4,007||4,007||-||4,620||4,620| ||Legal fees||-|||8,118||8,118||-||80,619||80,619| |||||||||||||||| ||||90,935|||13,925||104,860||174,168||89,679||263,847| ||Analysed between|||||||||||||| ||Fundraising||90,935|||13,925||104,860||174,168||89,679||263,847| All governance and support costs are incurred in connection with raising funds and have been allocated accordingly. ## 7 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. - 13 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 |8|Employees||| |---|---|---|---| ||Employment costs|2021|2020| |||£|£| ||Wages and salaries|82,338|131,025| ||Social security costs|1,268|8,634| ||Other pension costs|694|833| ||||| |||84,300|140,492| No employees had emoluments in excess of £60,000. The average number of full time equivalent staff in the year was 2 (2020: 3). |9|Debtors|||| |---|---|---|---|---| |||2021||2020| ||Amounts falling due within one year:|£||£| ||Other debtors|-||21,652| ||Prepayments and accrued income|754||813| |||||| |||754||22,465| |10|Creditors: amounts falling due within one year|||| |||2021||2020| |||£||£| ||Other taxation and social security|171||2,982| ||Accruals and deferred income|5,052||7,692| |||||| |||5,223||10,674| ## 11 Retirement benefit schemes ## Defined contribution schemes The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to profit or loss in respect of defined contribution schemes was £694 (2020: £833). - 14 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 ## 12 Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |||Movement in|Movement in|Movement in|funds|||||Movement in funds|Movement in funds|Movement in funds|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||Balance at||Incoming||Resources|||Balance at|||Incoming|
Resources|||Balance at| |6 April 2019|||resources||expended||6 April 2020||||resources|expended||5 April 2021|| ||£||£||£|||£|||£|£|||£| |Restricted|||||||||||||||| |funds|94,117||765,008|(844,773)||||14,352|||100,947|(104,452)|||10,847| |Analysis of net assets between funds|||||||||||||||| ||Unrestricted|||Restricted||||Total|Unrestricted|||Restricted|||Total| ||||funds||funds||||||funds|funds|||| ||||2021||2021|||2021|||2020|2020|||2020| ||||£||£|||£|||£|£|||£| |Fund balances at 5|||||||||||||||| |April 2021 are|||||||||||||||| |represented by:|||||||||||||||| |Current assets/|||||||||||||||| |(liabilities)||121,604|||10,847||132,451||||54,451|14,352|||68,803| ||||||||||||||||| |||121,604|||10,847||132,451||||54,451|14,352|||68,803| ## 13 Analysis of net assets between funds - 15 - ## THE UNIVERSITY OF HAIFA UK ## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2021 ## 14 Related party transactions During the year the charity received funding of £143,725 (2020: £268,672) from the University of Haifa (see note 3) and transferred donations of £104,867 (2020: £337,668) to the University (see note 5). The charity and the University of Haifa have trustees in common. ## 15 Donations made to the University during the year ended 5 April 2021 ||2021|2020| |---|---|---| ||£|£| |Donations of £5,000 or above||| |Wild Cereal Gene Bank - Storage rooms|48,500|48,430| |Medieval Arabic Medical Library (Genizah Research||| |Centre)|15,000|20,000| |Scholarships in Marine Geosciences|9,000|41,250| |Student scholarships|8,000|-| |Scholarships for Ethiopian students|7,727|71,331| |Neuroscience project|5,450|38,000| |Etgar scholarships|5,000|5,000| |Ezri Center for Iran and Persian Gulf Studies|5,000|2,281| |The Hatter Department of Marine Technologies|-|328,806| |Child Development Programme|-|105,030| |Jewish Culture Programme|-|50,237| |Scholarship - The Weiss Livna Program|-|15,760| |Student scholarship - Iran studies|-|8,173| |Living in multicultural society|-|5,000| |||| ||103,677|739,298| |Donations of less than £5,000||| |Holocaust studies|525|103,520| |General budget|415|900| |Prof. Edy Kaufman's anthem project|250|100| |Maritime strategy|-|1,456| |Dr Yvone Kozlovsky Golan Research|-|360| |Legal clinics|-|40| |||| ||1,190|106,376| |||| |Total of all donations|104,867|845,674| - 16 -