REGISTERF.D CIIARITY NUMBER: 277141
Report of the Trnste¢s And
Unaudited Finan¢ial Ststements for the Yeir Ended 5 ApTiI 2025
for
The Daniel Fglkner Charitable Trust
Grant HaTrod LcrinaD Davis ilP
Chartered Accountants
Second Floor, Kirkiand Hovs¢
11-15 Peterborough Road
Elarrow
Middlesex
HAI 2AX

The Daniel Fllltner Chxritablc TTUSt
Contents of the Financial Statements
for tb¢ ye*r eaded 5 April 2025
Page
Report oftbe Trt￿tees
I to 2
Ind¢p¢ndent Eiaminer's Report
ststement of Financial Activities
Balanee Sheet
Note5 to the Fin8nciil StAtemeDts
6 to 10
DetAiled Stittmtnt of Financial A¢tlvltles

The DaDtel Fall(ner Charitable I'ru5t
Retmbrt of the Trustees
for the yeAr ended S April 2f125
The Trustees present their report with the fin￿Cial statements of the charity for the y&qr ended 5 April 20?5. The
Trustees hav¢ adopt¢d the provisions of Aecounling and Reporting by Charities= Slatemeni of Re¢omm¢Jded Prd¢tiee
applicable to charitl¢s prewing their ac¢outLts in ar¢ordan¥¢ with th¢ financial Reporting Standard applicable ID the
atsd R¢publi¢ of Ireland IFRS 102) {effective l January 20191.
OBJECTIVES AND ACTivrtlES
Objectives a￿d *ims
Th¢ Charity gives grants to such Charities or for such Charitable pu4X)scs and in such proportions and in such manner
artd subjeci ro su¢h tenns and conditions as (he Tn]stees may from time to lime at th¢ir uncontrolled discrttion
dcierniine. In setting our objectives, the TNst¢¢s s¢le¢t the causes to benefit from donalions after carefjjl cullsideraiion,
and speculative appli￿ationS are unlikely to be 5UCCe55ful.
Significant activities
Th¢ Trust ￿ainlY makes grants to individual scientific researchers pritnarily in Israel. and the UK and to other simi18r
organ15ations supw>rtiThg scientific research. such as BeD Guriort Universtty in Israel. In addition thc Trustees give 8rants
to other charitable organisations with non ￿l¢ntifiC objects.
Publlc benefit
In sethng our objeciives and planning our a¢tiviti¢s th¢ Trustees have given care￿[ consideraiion w the Charity
Commission's g¢nera] guidan¢¢ on public benefit, and are satisfied that ihey comply wth that guidance.
GrgntmalKlThg
Grants are made a¢cordan¢e wth the Tn￿t Deed govcrning the Danicl Falkner Charitable Tnt5t, and focu5 primarily
ot> scientific rescarch in Israel and the UK. In addition donations are made to other chaxithble iM)dies and individual.%.
ACHIEVEMEfiTS AND PERFORMATrICE
Charitable #ttivities
The charity ffiade grants appropriate to the aims of suptrfTrrting scientific research and other grants as noled above during
the yeartotslling £42,687 (2024 £54.256).
FJNANCIAL REVIEW
Inv¢$tmttyt poll¢y And objectives
The investment objective is to maximise the investments return through active mAnagemcnt in the Stock market using an
experienced Fund M8na8er, Barclays Wealth Management. and this is reviewed ai regular intervals. The charity also
holds & number of smaller investments, Mryth recognised invcsttnenr Mal￿gerS. for example Htnderson, a medium to high
risk investtnent approach has been taken as the focus is on capitsl grouth.
Ru¢rwes poli¢y
The Charirys lunds w¢re larg¢ly provided by the late Daniel Falkner who hupcd that the Trust would be maitstained long
tenn as a grant makin¥ budy. and therelorc hi5 Icga¢y is all Expendable F.ndoMrynent. The Tru5tee5 consider that a 5UTll
no less than three years commitments as an appropriate level of reservES.
The re%erve5 policy and level of reseryes required are reyiewed on a regular basis by the Trnstees during their meciings.
The Tnjstees have reserves ¢arri¢d fonvard ￿rythin the unrcstricted fund of £1,027,865 which is 5uffici¢nt to ￿rtd thre¢
STRUCTiIRE, GOVERNANCE AND MANAGEMENr
Governing doturnent
The charity is controlled by its governing documenl a Trust Deed dated 13 December 1978, and conEtitut¢5
uninGorpordted charity.
Recruitment appointment of new tnjstees
The ¢UTrertt tNstees ¢hLry)se individuals with the appropriate skills. knowledge and exp¢ri¢nre netdd for th¢ eff¢c¢iv¢
administration of thc charity.
OrgADi5stion*l strneture
The TTUStees manage the Gharity.
Pag¢ I

The DAniel Falkner ChAritablt Trust
Report frf the Tru8tee5
for the year ended 5 Apri12025
STRucfuRE. C.OVERNANCE AND MANAGEMENT
Induction gnd traiDiDg of new trn5tees
The Tnjstces have thll knowledge of the Charity Cornmission's guidance. 'The Essential Trusiet: What you need
Related pArties
During the year ended S April 2025. there was one related patty transactions in the Daniel Faikner Cknitsbl¢ Trnst.
Donation to Ros¢tree Foundation totailing £15.251, whi¢h Ann Bergcr is th¢ CEO.
Risk mana8eJnent
The Trustee5 have a dury to identify and revicw the risks to which the charity is exposed and to ensure appropriate
controls are in pla¢e to provide rvasonable assuran¢¢ &gain5t fraud and etTOT.
The Trustees have c4)nsidered the risks to which tbe charity 15 exposed and are satisfied that they have procedures in
place to minimisc these.
REFERENCE AND ADMIP41STRATIVE DETAILS
ReEiStered ChArity number
277141
Principal address
177 Hampstead Way
tK)ndon
NWI 17YA
Trnsttts
Mrs A L J Ber¥er
R D Crdig (resig￿ed 7.10.2024)
G D Berger
Miss R J Berger
Independeyxt Examiner
Jeremy Harrod
Grant Hatrod L¢rntsnDavis LLP
Chartered Acrountrants
Second Floor, Kirkland House
11-15 Peterlh)rough Road
HaJTOW
Middl¢sex
HAI 2AX
Approved by order of the iK)ard of trustees on ......
. and signed on its behalf by-.
102
MrsA LJBerse
Trnstee
Page 2

Independent Eiarniner's Report to the TTUStees of
The Daniel Falkner Charitsble Tru$t
Independent txominer's report to the trust¢¢5 oTThe D8nitl Falkntr Chirltablt Trnyt
I report to the ¢harity trystees on my examination of ihe accowits of The Daniel Falkner C.harit&blc Trust (the Tn]5t) for
the yearthded 5 April 2025.
Responsibilities •lld b8sis of report
A5 th¢ charity trnstees of the Trusi you are responsible for th¢ preparation of the accounts in ac¢ordan¢¢ wkth the
requirem¢nL8 of the Clwitie5 Ad 2011 {Ihe Act).
I report itt respect of my exaniination of the Trust's account5 canied out under Section 145 of the Act and in carying out
my examination I have followed all applicabl¢ Directions given by the Charity Commission under SectiOE1 145{5)(b) of
the Act.
Independent ex&miner's ststeThenl
I have ¢OTnpleted my examination. I confinn that no material matters have come to my attentiot) in conneclion with the
vAaminalion giving me cause to believe Chat in any material respect..
accounting records were not kept in r¢spect of the Trnst as rcquired by Section IJO of thc Act., or
the a￿Oll￿t$ do not attord Mryth those records. or
the accounts do nol comply with the applicable requirements ¢on¢erning the forni Jnd content of accounts SEI out
ifi the Charities (A¢￿Unts and Reports) Regulations 2008 olher than any requÈTernent that the acwuttts give a
true and fair view which is not a matter considered as pan of an independeni examinatign.
I hjve no concerns and have come across no other matters in ¢onne¢iion w￿th th¢ ¢xamiDaiion to which attcntion Should
be draw) this. report in ord¢r to eJthl¢ a proper ullderstanding of the accounts to be reached.
Jeremy Harrod
Grdnt Harrod Lcrman Davis LLP
Chartered Awountants
Second Floor, Kirkland HO￿$¢
11-15 Pelerborough Road
Harrow
Middle5ex
HAI 2AX
Page 3

The Daniel Falkner Charit4bk Tn￿t
Statement of Fin8ncial Activities
fTrr the year ended 5 April 2025
2025
L.nrestrict¢d
fund
2024
Total
funds
Notes
INCOiWE AND ENDOWMENTS FROM
Illvestment income
34,129
33,942
EXPENDfnJRE O
RBising fiEnds
4,819
1,005
Ch#rltable #ttlvities
42,687
54,256
Totsi
47506
55,261
Net gain￿[loSSes} on investmet
19292
(13.496)
NET INCOMEJ(EXPEIYDITURE)
5,915
(34.815)
REcof4CILIATION OF FUNDS
Total fvnd5 brought fon
1,027,865
1.062.681
TOTAL FUNDS CARRIED FORWARD
1,033,780
1.027.866
surp1￿5 and Deficit A￿OUnt 968
Posting discrepancies wer¢ found (n the reserve Accounts listed below. This is be¢aus¢ the brou8ht forwdTd rM)stings in
th¢ ¢urrent year are not equal to the figures earried fon¥ard by IRJS at the end of IY45t year. Pltrase cheek your ty)stings i
the brought fonvard account for the SUTpIu5 and drfirit a¢¢ount 968.
UDr¢stricted
funds
Total funds
Brought foti¥ard- 96811
.027,865
1.027,865
Carried fonvard
1,027,866
.027,866
Diffcrencc
Post to r¢l¢vant accounts {se¢ UCkL4 chsrt of accounts forfurther details)
Th¢ notes fomi part of thes¢ fLnLn¢iai statements
Page 4

The Daniel Falkner Churitable Trust
Balance She
S April 2025
2025
Unrestricted
fund
2024
Totsl
funds
Notes
FIXED ASSF,TS
Investments
996.738
1,009.626
CURREFrr ASSETS
Cash ai bank
38,002
19200
CREDITORS
Amounts falling due within onc year
(960)
(960)
NEf CURRENT ASSETS
37,042
1¥240
TOTAL kn￿F.Ts LE&S CURREP
LIABlI,rtlFS
1,033.780
1,027.866
NET ASSKTS
1,033,780
1,027.866
FUNDS
Unrestricted funds
1,033,780
1.027.866
TOTAL FUNDS
,033,780
1,027,866
The finallcial statcmrnts werc approved by th¢ Board of Trustees and authorised for issue
. and were signed on it5 behalf by:
on
T￿￿1¢¢
Th¢ not¢s fonn part of these firjameial statements
Page S

e Daniel FAlkner Charitobl¢ Trnst
l¥otes to the FinineSAI Statements
for the year ended 5 April 2025
ACCOUNTING POLICIES
Basis of pr¢p4ring the IlnaDclal 5titerneDts
The f￿￿la1 swemetrts of the Gharity, whiGb is a public benefii entity und¢r FRS 101 have ixen preparEd in
accordaDc¢ with the Charities SORP (FRS 102) 'A¢counting and Re￿rtIng by Charities.. St*ment of
Rccommended Practice applicable to charities preparing their accounts in accordance with the Financia
RepO￿tsg Standard applicable in the UK and Rcpubli¢ of tr¢land (FRS 102) {¢ftective l JaTJuary 2019),,
Financial Reporting Standard 102 'Th¢ Fitiancial Reporting Standard applicable in the UK and Republic of
Ireland. and the Charitie5 Act 2011. The financia] statem¢n15 have been prepared under the historical cost
convention, with the ex¢eptLOll of Knvc51m¢nt5 which are included at tnatket value.
IDtome
All incom¢ is reco8niscd in the Statement of Financial Activiti&4 once th¢ ¢hariry has entitlement to the fimds, it
is pmb8ble that the irtcome will be received and the 8mount can b¢ measured ￿liablY.
ExpeBditure
Liabiliti¢5 reCo￿lS¢d as ¢xpendiwre as soon as there is d legal or Constructive obligation Committing thc
l]arity to tha¢ ¢xpenditure, it is probable that a transfer of ¢conomic benefits Aryll be required in 5cttlement and
the amount of the obligation can be measured reliably. Expenditure is a￿0￿￿ted for on an a¢£n￿iS basis and has
beEn tl8ssified utlder headings that aggregate all cosi r¢lat¢d to thc category. Where ¢gsts caTtnot be directly
attributed to particular headings they have beert allocated to activities on a b&si5 COTiSiStent with the use of
resource5.
Taxation
Th¢ ¢harity is exempi from lax on its charitsble activities.
Fund accounting
Unrestricted fund5 can be used in accordance th¢ ¢haritable objectives atthe di5ttetion of the tyustee5.
Restrtcted fimds can only b¢ used for particular restricted purposcs within the objects of the charity. Re5trÉttions
aJis¢ when Specified by the donor or when fi]nds are raised for particular restrict¢d purposes.
Further explanation of the natr]rc and PUTPOSe of t￿h ￿nd is included in the not¢s to the financial stat¢ments.
INVEsfMENT INCOME
2025
2024
Inveslments
34,129
33.942
Page 6
continued...

The Danid Falkner Charitable Tnkst
Note5 to the Fillunci*l St•t¢m¢nts- continued
ror the ye9r ended S April 2025
RAISING FUNDS
IDYestment manage]n¢nt CO8ts
2025
2024
Supp)rt ¢osts
3,264
TRUSTEES, REMUNERATION AND BENEFrrs
There were no tNstees' remuneration or other benefits for th¢ year cndcd 5 April 2025 nor for the year ¢nd¢d
5 April 2024.
Trnstees, expenses
rhere were no trustees, exyeThses paid for the ycar ended 5 April 2025 nor for the ye8r ended 5 April 2024.
21123 COMPAIL4TtVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES
UnK%trict
INCOME AND Ef4DOWMF,PnS FROM
Inveslment income
33,942
EXPF,NDITIJRE ON
Raising funds
1.005
Ch4rit4ble aictiviLies
CFLiRtTY
54,256
Total
55261
Net gainsl{loss¢g) on investments
(13,496)
NET INCOME/{EXPEP4DITURE)
(34,815)
RECONCILIATION OF FUNiL
Total fvE]ds brou¥ht fonvard
1,062.681
T(wfAL FUNDS CARRIED FORWARD
1,027,866
Page 7
continued...

The Daniel FAll￿er Charitable Trnst
P4otv to the Financial StatemeDt$- continued
for the year ettded S April 2025
FIXED ASSET INVESTMENTS
Unlisted
investrnents
MARKET VALUE
At 6 April 2024
Disposals
1,007.880
111,1421
At 5 April 2015
996,738
NET BOOK VALU£
At 5 April 2025
996,738
At 5 April 2024
1.007,880
Ther¢ w¢r¢ no investment Assets outsid¢ the UK.
CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Other creditors
960
960
MOVEMEIYT IN FUNDS
Net
movement
in ￿ndS
At
5.4.25
A¢ 6.4.24
UDre5tTicÉed fund8
Genernl fi]nd
1.027.865
5,915
1,033,780
TOTAL FUNDS
1,027.865
5.915
1.033.780
Net movement in fiJnd5. included in thv al)ov¢ are as folloms".
Incoming
re50urc
Resources
expended
Gain5 and
Ios5eS
Movement
in fi￿dS
Unre&tritted fvDds
General fund
34.129
(47.5061
19,2Y2
5.915
TOTAL FUNDS
34,129
{47,506}
19.292
5,915
Page 8
continued...

The Daniel Falkner Chxritablt Trust
Notes to the Fingn¢ig1 Statements- CLiiI¢iDued
(or ¢be year ended 5 April 2025
MOVEMETIT TN FUNDS- coDti￿￿ed
Cumparative5 for movement in fundg
Net
movement
in fjjnds
At
5.4.24
At 6.4.23
Unrestricted fund5
General fvnd
1,062,681
134,815)
1,027,866
TOTAL FUNDS
1,062,681
134,815)
1,027,866
Comparative net rnovement in funds, included in the alx)vt are as follows..
Incomin8
resourGcs
ResOu￿¢S
¢xpend¢d
Gains and
losses
Movement
in funds
Ilnrestrided funds
Generat fijnd
33.942
(55,2611
(13,4961
(34,815)
TOTAL FUNDS
33,942
(55,2611
113,4961
{34.815)
A cumt year 12 rnonths and prior year 12 months combined position is as follows.-
Nct
movemen¢
in fiEnds
At
5.4.25
Ai 6.4.23
Unrestricted fuDd5
Gcnerdl fund
1,062,681
(28yIO)
1,033,781
TOTAL WUNDS
I.1￿2,681
(28.￿)01
1,033,781
A curren¢ year 12 month¥ prior year 12 month5 combined tjd mQVEmcnt in fvnd5. includcd in the above are
as follows..
In¢oming
resources
Re5our¢es
expended
Gains and
Ios5e5
Move￿¢nt
in fi]nds
￿n￿StrI£ttd fund5
General fund
68,071
(102.767)
5,796
(28,900)
TOTAL FUI¥DS
68,071
(102,767}
5,796
(28,900)
Pag¢ 9
continued...

The Ihnitl Falkner Charitable Trn5t
Note5 1• the FinAnciAI St8l¢ments- eontlnlled
ror tbe yexr ended 5 April 21125
REIATED PARTY DISCLOSURES
During the year ended 5 April 2025, there one relatcd party transactions in the Dani¢i Fa]kner Charitable
T￿￿. Don*ion to Rosetree Foundation totaIling £15,251, which Ann B¢rg¢r is the CEO.
Page 10

The D￿￿1￿ Fglkner Charitable Trnst
Detsiled St8teThent ofFin8DCi81 Acllvltl¢8
for the yeAr ended S April 21)25
2025
2024
IIYCOME AND ENDOWMENTS
Investment income
Investments
34.129
33.942
Total incomlng Te50urees
3i.942
EXPENIDITURE
Chwr5t*ble activities
Supporting and encourage S￿dents in
uttdertaking s¢i¢ntific resear¢h
42.687
54,256
Support costs
Other 2
Supwrt costs
4,819
1.005
Tota] r¢sources expended
47,506
55,261
Net e4bendithre before yins and 10&4e$
(13J77)
(21.3191
Rtslised reeognised and knsses
Realis¢d gain￿(loSSeS) on fjxed asset iDv¢5unents
19292
{13,496)
Net ineomeJ(expend1tu￿)
5,915
134,815}
This page does not fonn part of the statt]tory financial statements
Page I