OpenCharities

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2021-06-30-accounts

WelcomefromtheChair 3
StrategicReport 7
WorldJewishRelief'sStrategicPriorities 7
Whowehelp 10
LivelihoodProgrammes 11
HumanitarianProgrammes 20
OlderPeopleProgrammes 24
CriticalSuccessFactors 28
Safeguarding 29
Partnership 30
FuturePlans 31
RiskManagement 32
FinancialReview 35
Structure,GovernanceandManagement 42
IndependentAuditor'sReport 46
StatementofFinancialActivities 52
BalanceSheet 53
StatementofCashFlows 54
Notestotheaccounts 55
LegalandAdministrativeInformation 67

Country Numberof Numberof Numberof
Programmes Partners Participants
Mozambique 4 2 33,963
India 1 1 26,746
Ukraine 61 30 13,048
Bangladesh 2 1 10,906
Rwanda 3 2 9,313
Nicaragua 1 1 6,232
Philippines 1 1 4,770
Turkey 1 1 2,232
Indonesia 1 1 2,073
Moldova 10 8 1,805
Nepal 2 2 1,144
Poland 3 2 795
Georgia 6 3 789
UK 2 7 423
Russia 1 0 390
Belarus 3 1 330
Greece 2 1 134
Uganda 1 1 92
Bosnia 3 2 72
Kenya 1 1 30
Kazakhstan 1 0 12
Total 110 68 115,299

Risk ActionTaken ActionTaken
ImpactofOperations Selectionoflocalpartnerbasedontechnicaland
Thedesignofprogramme, deliverycompetence.
intervention,qualityofthe Scrutinyofprogrammedesignandplanto
partner,appropriatenessof maximiseimpact.
resourceallocationorother MELframeworktoensurepartnerisfocusedon
areaswithinourcontrol,has Impactasameasureofperformance.
noornegligibleimpact,on
thetargetparticipants.
FinancialSustainability Buildanarrayofrevenuestreamsthroughgood
Runningastructuraldeficit, fundraising,strongdonorcare,compellingissues
overcommittinganticipated andacceptableROI's.
income,
orpoorfundraising Strongfinancialcontrols,accuratebudgetingand
performanceofkeyrevenue regularre-forecastinglimitingtheovercommitment
streamsaffectslong-term ofuncertainincome.
futureoforganisation. Applicationofourreservespolicy.
ManagingthebalanceofGeneralFundincometo
RestrictedFundincome.
Efficiency Focusedattentiononinvestinginourpeople
Underinvestmentinpeople, throughpositiveculture,professionaldevelopment,
systemsortechnologyleads T&C'sandbuildingofreputation/credibility.
tounderperformance. ImplementationofaGrantManagementSystemto
significantlyreduceoperationalgrantmanagement
time,riskoferrorandimproveaccessto
managementinformation.
UpgradeofCRMtoensureitisfitforpurposeand
integrateswithothersystems.
UpgradeofphoneandIToperatingsystemsto
strengthenlongtermhomeworking/virtualoffice
capabilities.
Safeguarding Robustsafeguardingframeworkfocusingonrisk,
Severesafeguardingincident whistleblowing,CodeofConduct,HR,Policyand
inanyformbystaff,volunteer Governance/accountability.
ofWorldJewishReliefor Continualupgradingofsafeguardingcapabilities
downstreampartner andunderstandingofpartners.
personnel. Focusonopenandsafeculturewithinthecharity.
Reputation Partnermitigationmeasuresabove(ImpactRisk).
Partnerperformance,legalor Stronginternalfinancialcontrolsandprocedures,
financialnon-complianceor strongincomemanagementparticularlyrestricted
cultureofcharityadversely funds,highdonorcare/reportingstandards.
impactreputationof Annualboardappraisal,staffsurvey,quarterlystaff
organisation. reviews,whistleblowingandotherpolicies
proactivelyunderstood.

Date: 13 October 2021

FORTHEYEARENDED30JUNE2027
Unrestricted Restricted
funds funds Total2021
£ £ £
Notes
Incomefrom
Donationsandlegacies 2 2,794,591 4,552,932 7,347,523
Investments 3 12,640 7,043 19,683
Totalincome 2,807,231 4,559,975 7,367,206
Expenditure 4
Expenditureonraisingfunds 943,803 201,571 1,145,374
Expenditureoncharitableactivities 1,129,035 4,892,530 6,021,565
Totalexpenditure 2,072,838 5,094,101 7,166,939
Netgainsoninvestments 6 101,405 40,319 141,724
Netincome(expenditure) 835,798 (493,807) 341,991
Transfersbetweenfunds 14 -
Netmovementinfunds 835,798 (493,807) 341,991
Fundbalancesat1July2020 4,232,640 2,582,017 6,814,657
Fundbalancesat30June2021 5,068,438 2,088,210 7,156,648
Unrestricted Restricted
funds funds Total2020
£ £ £
Notes
Incomefrom
Donationsandlegacies 2 3,540,649 2,737,823 6,278,472
Investments 3 20,052 11,761 31,813
Totalincome 3,560,701 2,749,584 6,310,285
Expenditure 4
Expenditureonraisingfunds 1,201,199 134,568 1,335,767
Expenditureoncharitableactivities 1,965,928 3,778,692 5,744,620
Totalexpenditure 3,167,127 3,913,260 7,080,387
Netgainsoninvestments 6 119,477 80,527 200,004
Netincome(expenditure) 513,051 (1,083,149) (570,098)
Transfersbetweenfunds 14 (56,455) 56,455
Netmovementinfunds 456,596 (1,026,694) (570,098)
Fundbalancesat1July2019 3,776,044 3,608,711 7,384,755
Fundbalancesat30June2020 4,232,640 2,582,017 6,814,657
2021 2020
Notes £ £
FixedAssets
Intangibleassets 7 13,800
Tangibleassets 7 1,105,793 1,116,402
Investments 8 2,829,314 1,173,840
3,948,907 2,290,242
CurrentAssets
Debtors 9 634,069 400,112
Cashatbankandinhand 2,808,772 5,182,904
3,442,841 5,583,016
Creditors:amountsfallingduewithinoneyear 10 (235,100) (1,058,601)
Netcurrentassets 3,207,741 4,524,415
Totalnetassets 7,156,648 6,814,657
Thefundsofthecharity
Restrictedfunds 12 2,088,210 2,582,017
Designatedfunds 13 1,925,901 1,911,551
Generalunrestrictedfunds 3,142,537 2,321,089
Totalfunds 7,156,648 6,814,657
CENTRALBRITISHFUNDFORWORLDJEWISHRELIEF
(ACOMPANYLIMITEDBYGUARANTEE)
STATEMENTOFCASHFLOWS
FORTHEYEARENDED30JUNE2021
2021 2020
£ £
Cashflowsfromoperatingactivities:
Netexpenditurefortheyear(asperthestatementoffinancialactivities) 341,991 (570,098)
Investmentincome (19,683) (31,813)
Depreciationoftangiblefixedassets 14,840 14,001
Amortisationofintangibleassets 1,320 246
Lossondisposalofintangibleasset 2,833
(Increase)decreaseindebtors (233,957) 51,904
(Decrease)increaseincreditors (823,501) 674,735
Gainsoninvestments (141,724) (200,004)
Netcashusedinoperatingactivities (860,714) (58,196)
Cashflowsfrominvestingactivities:
Investmentincome 19,683 31,813
Exchangeratevariances (12,640) 2,010
Paymentstoacquiretangiblefixedassets (4,231) (18,893)
Paymentstoacquireintangiblefixedassets (15,120)
Paymenttoacquireinvestments (1,554,020) (835,270)
Proceedsfromsaleofinvestments 479,894 4,551,219
Netcashusedininvestingactivities (1,086,434) 3,730,879
Changeincashandcashequivalentsintheyear (1,947,148) 3,672,683
Cashandcashequivalentsatthebeginningoftheyear 5,340,729 1,668,046
Cashandcashequivalentsattheendoftheyear 3,393,581 5,340,729
Analysisofcashandcashequivalents
Cashinhand 2,808,772 5,182,904
Cashheldbyinvestmentmanagers 584,809 157,825
Totalcashandcashequivalents 3,393,581 5,340,729

Freeholdland notdepreciated
Freeholdbuildings 2%straightline
Computerequipment 33%straightline
Fixtures&fittings 25%straightline

CENTRALBRITISHFUND FORWORLDJEWISHRELIEF CENTRALBRITISHFUND FORWORLDJEWISHRELIEF CENTRALBRITISHFUND FORWORLDJEWISHRELIEF CENTRALBRITISHFUND FORWORLDJEWISHRELIEF
(ACOMPANYLIMITEDBYGUARANTEE)
NOTESTOTHEACCOUNTS
FORTHEYEARENDED30JUNE2021
Unrestricted Restricted Unrestricted Restricted
2DonationsandLegacies Funds Funds Total2021 Funds Funds Total2020
£ E £ £ £ £
Donationsandgrants 2,589,650 4,552,932 7,142,582 2,995,042 2,737,823 5,732,865
Legacies 204,941 204.941 545,607 - 545,607
2,794,591 4,552,932 7,347,523 3,540,649 2,737,823 6,278,472
Theestimatedvalueoflegacies,forwhichWorldJewish Reliefhasbeen informed,but whichhavenotbeenincludedin theStatementof FinancialActivities
becausetheconditionsforrecognitionhave notbeenmet,is£130,000(2019/20:£130,000).
Unrestricted Restricted Unrestricted Restricted
3Incomefrominvestments Funds Funds Total2021 Funds Funds Total2020
£ £ £ £ £ £
Incomefromlistedinvestments 7,191 6,737 13,928 5,038 10,563 15.601
Interestfrombankaccounts 5,449 306 5,755 15,014 1,198 16,212
12,640 7,043 19,683 20,052 11,761 31,813
Grants Support Grants Support
4Expenditure awarded
E
Directcosts
£
costs
£
Total2021
E
awarded
E
Directcosts
E
costs
£
Total2020
£
Expenditureonraisingfunds
Restricted 137,598 63,973 201,571 95,742 38,826 134,568
Unrestricted 644,265 299,538 943,803 854,624 346,575 1,201,199
TotalexpenditureonraisingFunds 781863 363,511 1,145,374 950,366 385,401 1335,767
Charitableactivities
Grantstopartners 4b 5,278,061 509,297 234,207 6,021,565 5,002,796 503,308 238,516 5,744,620
Restricted 4,416,511 326,071 149,948 4,892,530 3,350,257 290,682 137,753 3,778,692
Unrestricted 861,550 183,226 84,259 1,129,035 1,652,539 212,626 100,763 1,965,928
Totalcharitableactivities 4b 5,278,061 509,297 234,207 6,021,565 5,002,796 503,308 238,516 5,744,620
Totalexpenditure 5,278,061 1,291,160 597,718 7,166,939 5,002,796
1,453,674
623,917 7,080,387
4aSupportcosts
Raising Charitable Raising Charitable
funds activities Total2021 funds activities Total2020
£ £ £ £ £ £
Governance 25,011 21,762 46,773 25,240 20,888 46,128
Finance 137,278 86,365 223,643 160,682 97,891 258,573
InformationTechnology 92,736 58,342 151,078 75,239 45,838 121,077
HumanResources 32,451 19,902 52,353 41,050 23,217 64,267
Officefacilities 76,035 47,836 123,871 83,190 50,682 133,872
363,511 234,207 597,718 385,401 238,516 623,917
4bGrantsawarded
2021 2020
£ £
Olderpeople
HomeRepairs 328,300 477,279
Homecare 1,454,691 1,557,200
ActiveAgeingandStayingConnected 486,382 505,426
Totalolderpeople 2,269,373 2,539,905
Securingsustainablelivelihoods
Sustainableemploymentopportunities 677,135 718,400
UKRefugees 1,084,759 195,114
Entrepreneurialopportunities 435,733 324,155
Totalsustainablelivelihoods 2,197,627 1,237,669
Responsetointernational
disasters
BangladeshCyclone 20,000
BeirutAppeal 70,098
Covid-19Response 258,724 184,882
Cyclone'dalAppeal(Mozambique) 52,000
DisasterFund/DisasterPreparednessInitiative 20,104 33,378
IndonesiaEarthquake&TsunamiAppeal 88,810
Philippinestyphoons 40,000
RefugeeCrisisAppeal 24,800 44,700
STARTFundInitiatives 196,898 656,043
UkraineCrisis 30,000
UyghurCommunityinTurkey 109,384
Totalinternationaldisasters 720,008 1,109,813
Community 71,538 84,393
Other programmecosts 19,515 31,016
Totalgrantstopartners 5,278,061 5,002,796
4cGrantfunding
Total2021 Total2020
£ £
Totalvalueofgrantsawardedinexcessof£100,000 2,965,788 3,264,886
Othergrants 2,312,273 1,737,910
Totalgrantspayabletoinstitutions 5,278,061 5,002,796

Grantsawardedinexcessof£100,000
NameofInstitution GeographicRegion Total2021
£
AmericanJewishJointDistributionCommittee EasternEurope 1,438,899
BradfordBaseSocialEnterprise(STEPproject) UnitedKingdom 301,847
SACCA Rwanda 276,967
RefugeeCouncil(STEPproject) UnitedKingdom 252,403
CoventryCityCouncil(STEPproject) UnitedKingdom 139,779
ADPP,Mozambique Mozambique 117,682
Fund'ProfessionalDevelopment'ofKrivoyRog Ukraine 116,000
InternationalBlueCrescent(IBC) Turkey 109,384
All-UkrainianCharitableOrganisation"ToYou" Ukraine 109,000
KharkovRegionalCharitableJewishFund"HesedShaareTikvah" Ukraine 103,827
2,965,788
NameofInstitution GeographicRegion Total2020
E
AmericanJewishJointDistributionCommittee EasternEurope 1,535,000
ADPP,Mozambique Mozambique 275,473
ActionAidUK UnitedKingdom 237,694
All-UkrainianCharitableOrganisation"ToYou" Ukraine 169,130
IBU(IndonesiaBhadraUtama)Foundation Indonesia 152,082
Fund'ProfessionalDevelopment'ofKrivoyRog Ukraine 125,130
KharkovRegionalCharitableJewishFund"HesedShaareTikvah" Ukraine 121,840
MettaDevelopment Myanmar 110,837
SACCA Rwanda 109,449
UyisengaNilmanzi(UNM) Rwanda 108,618
AmericanJewishJointDistributionCommitteeinDnipro Ukraine 108,206
InternationalCentreofTrainingandProfessionalDevelopment Moldova 106,595
PublicOrganisationFund"ProfessionalDevelopmentofKharkiv" Ukraine 104,832
3,264,886
CENTRALBRITISHFUNDFORWORLDJEWISHRELIEF
(ACOMPANYLIMITEDBYGUARANTEE)
NOTESTOTHEACCOUNTS
FORTHEYEARENDED30JUNE2021
5StaffCosts 2021 2020
Number Number
Theaveragenumberofemployeesduringtheyearwas:
FundraisingandCommunications 12 12
Programmes 10 11
Administration 9 9
31 32
Employmentcosts 2021 2020
£ £
Wagesandsalaries 1,165,805 1,107,921
Socialsecuritycosts 122,098 110,533
Pensioncosts 78,804 74,872
1,366,707 1,293,326
Directstaffcosts 1,063,509 995,296
Supportstaffcosts 303,198 298,030
1,366,707 1,293,326
Thenumberofemployeeswhoseannualemolumentswere£60,000ormorewere: 2021 2020
Number Number
£60,000-£69,999 2 1
£80,000-£89,999 1
£90,000-£99,999 1
£110,000-£119,999 1
6RealisedandUnrealisedgainsandlosses 2021 2020
£
Unrealisedgainoninvestments 63,638 301,328
Realisedgain/(loss)oninvestments 90,726 (103,334)
Foreignexchange(loss)/gain (12,640) 2,010
141,724 200,004

Total Total
Freehold Computer Fixtures& Tangible Intangible
7Tangible&Intangibleassets property equipment Fittings FixedAssets Assets
Cost
At1July2020 1,199,662 51,437 54,485 1,305,584 67,593
Additions 4,231 4,231 15,120
Disposals (6,120) (6,120)
At30June2021 1,199,662 49,548 54,485 1,303,695 82,713
Depreciation
At1July2020 102,122 34,411 52,649 189,182 67,593
Chargefortheyear 7,195 6,409 1,236 14,840 1,320
Disposals (6,120) (6,120)
At30June2021 109,317 34,700 53,885 197,902 68,913
Netbookvalue
At30June2021 1,090,345 14,848 600 1,105,793 13,800
At30June2020 1,097,540 17,026 1,836 1,116,402
8Fixedassetinvestmentsatmarketvalue 2021 2020
£ £
Valueatstartofyear 1,016,015 4,533,970
Disposalproceeds (479,894) (4,551,219)
Additionsatcost 1,554,020 835,270
Netrealisedinvestmentgains/(losses) 90,726 (103,334)
Netunrealisedinvestmentgains/(losses) 63,638 301,328
2,244,505 1,016,015
Cash 584,809 157,825
Total 2,829,314 1,173,840
Historicalcost:
Valueatendofyear 2,686,118 1,091,959
Thefollowinginvestmentsareconsideredmaterial: 2021 2020
£ £
RufferSICAVFixedIncomeZGBPCap 424,140 262,522
0.125%TreasuryIndex-Linked22/03/2068 154,397 87,366
RufferMultiStrategiesFundLimited 143,934 130,388
RufferSICAVUKMid&SmallerCompaniesZGBPCap 118,481 40,375
0.125%TreasuryIndex-Linked22/11/2065 116,882
LFRufferGoldIAcc 100,773 124,254
2021 2020
AnalysisofInvestments £ £
Cashbalances 584,809 157,825
UKindex-linkedgilts 489,541 123,615
Overseasheldindex-linked&multistrategiesfunds 568,073 392,910
UKheldequities&otherinvestments 535,948 275,684
Overseasheldequities&otherinvestments 650,943 223,806
2,829,314 1,173,840
CENTRALBRITISHFUNDFORWORLDJEWISHRELIEF
(ACOMPANYLIMITEDBYGUARANTEE)
NOTESTOTHEACCOUNTS
FORTHEYEARENDED30JUNE2021
9Debtors 2021 2020
AccruedIncome 492,820 298,878
GiftAidrecoverable 35,625 40,025
Otherdebtors 13,232 4,904
Prepayments 92,392 56,305
634,069 400,112
10Creditorsamountsfallingduewithinoneyear 2021 2020
£ £
Tradecreditors 24,381 26,744
Othertaxationandsocialsecuritycosts 41,512 35,873
Othercreditors 2,202 1,346
Accruals-grantspayable 138,552 131,830
Accruals-other 18,453 27,808
Deferredincome 10,000 835,000
235,100 1,058,601

Balanceat Gainsand Balanceat
1July Losseson 30June
Notes 2020 Income Expenditure Investments Transfers 2021
£ £ £ £ £ £
Meetingimmediateneedsofthemostvulnerable
OSHAFund 11.1 1,828,858 5,666 (782,630) 31,052 1,082,946
MorleyLawsonFund 11.2 345,837 1,071 (33,037) 9,267 323,138
TheAnselHarrisMemorialFund 11.3 30,929 73 31,002
ActiveAgeing&Homecare 11.4 9,216 1,014,614 (1,021,710) 2,120
ZambianElderlyWelfare 11.5 6,730 15 6,745
HomeRepairs 11.6 - 337,129 (310,533) 26,596
Connections(studentstipends) 11.7 83,676 49,895 (47,320) 86,251
Supportingsustainablelivelihoods
SustainableEmploymentOpportunitiesEastern
Europe
11.8 428,157 (414,668) (13,489) -
BuildingStrongerFamilies,EasternEurope 11.9 10,000 (700) 13,489 22,789
LivelihoodDevelopmentAfrica 11.10 426,835 (410,191) - 16,644
UKRefugeeEmployment 11.11 60,293 1,308,261 (1,140,214) 228,340
RefugeeEmploymentNetwork 11.12 2,114 118,968 (119,916) 1,166
Respondingtointernationaldisasters
GeneralDisasterFund&DisasterPreparedness
Initiative
1113
.
13,752 41,462 (23,705) (3,376) 28,133
RefugeeCrisisAppeal 11.14 32,093 (29,065) 3,028
BeirutAppeal 11.15 84,391 (81,711) (2,680)
Philippinestyphoons 11.16 40,000 (46,056) 6,056
UyghurCommunityinTurkey 11.17 325,756 (141,090) - 184,666
STARTFundInitiatives 11.18 - 202,453 (202,453) -
Covid-19Response 11.19 200,612 133,136 (289,102) 44,646
2,582,017 4,559,975 (5,094,101) 40,319 2,088,210
Gainsand Balanceat
Balanceat Losseson 30June
1July2019 Income Expenditure investments Transfers 2020
£ £ £ £ £ £
Meetingimmediateneedsofthemostvulnerable
OSHAFund 3,028,476 9,423 (1,276,781) 67,740 1,828,858
MorleyLawsonFund 366,266 1,140 (34,356) 12,787 345,837
TheAnselHarrisMemorialFund 30,645 284 - 30,929
ActiveAgeing&Homecare 249,006 (239,790) 9,216
Zambianelderlywelfare 6,668 62 - 6,730
HomeRepairs (96,194) 454,307 (404,568) 46,455 -
Connections(studentstipends) 91,899 39,875 (48,098) - 83,676
CommunityProjects 15,006 (15,006)
Supportingsustainablelivelihoods
SustainableEmploymentOpportunitiesEastern
Europe 346,737 (346,737)
LivelihoodDevelopmentAfrica 169,928 (169,928)
UKRefugeeEmployment (46,489) 401,888 (295,106) 60,293
RefugeeEmploymentNetwork 58,815 (56,701) 2,114
Respondingtointernationaldisasters
GeneralDisasterFund&DisasterPreparedness
Initiative 40,299 46,003 (39,315) (33,235) 13,752
RefugeeCrisis 32,210 19,789 (50,461) (1,538)
IndonesiaAppeal 97,799 2,500 (98,014) (2,285)
CycloneIdai/Mozambique 57,132 4,766 (58,425) (3,473)
STARTFundInitiatives - 676,495 (676,495) -
Covid-19Response 293,134 (143,053) 50,531 200,612
3,608,711 2,789,158 0,952,834 80527 56,455 2582,017

Balanceat1 New Utilised/ Balanceat30
July2020 designations released June2021
£ £ £ £
Propertyfund-functionalproperty 1,097,540 (7,195) 1,090,345
Propertyrepairsandrefurbishmentfund 100,000 12,565 (12,565) 100,000
Programmesupportpledges 714,011 763,890 (742,345) 735,556
1,911,551 776,455 (762,105) 1,925,901
Balanceat1 New Utilised/ Balanceat30
July2019 designations released June2020
£ £ £ £
Propertyfund-functionalproperty 1,104,735 (7,195) 1,097,540
Propertyrepairsandrefurbishmentfund 100,000 10,921 (10,921) 100,000
Programmesupportpledges 952,000 903,356 (1,141,345) 714,011
2,156,735 914,277 (1,159,461) 1,911,551
Unrestricted Designated Restricted
13Analysisofnetassetsbetweenfunds funds funds funds Total2021
£ £ £ £
Fundbalancesat30June2021arerepresentedby:
Tangible&intangiblefixedassets 29,248 1,090,345 - 1,119,593
Investments 1,585,619 462,770 780,925 2,829,314
Debtors 287,904 346,165 634,069
Cash 1,326,314 372,786 1,109,672 2,808,772
Creditors:amountsfallingduewithinoneyear (86,548) - (148,552) (235,100)
3,142,537 1,925,901 2,088,210 7,156,648
Unrestricted Designated Restricted
funds funds funds Total2020
£ £ £
Fundbalancesat30June2020arerepresentedby:
Tangiblefixedassets 18,862 1,097,540 1,116,402
Investments 457,798 234,768 481,274 1,173,840
Debtors 218,431 181,681 400,112
Cash 1,707,457 579,243 2,896,203 5,182,904
Creditors:amountsfallingduewithinoneyear (81,460) (977,141) (1,058,601)
2,321,089 1,911,551 2,582,017 6,814,657
Unrealisedgainsincludedabove
Oninvestments 80,251 23,422 39,524 143,196
Reconcilationofmovementsinunrealisedgains(losses):
Unrealisedat1July2020 81,881
Unrealisedgain/(loss)onshareportfolio 63,638
Unrealisedgain/(loss)onforeignexchange (2,323)
143,196