2023-06-30-accounts

INTRODUCTION FROM THE CHAIR	3
OUR STRATEGY	7
An Overview of Our Strategy	7
Our Four Areas of Operational Focus	9
Our Strategic Approach	10
Critical Success Factors to Achieve Our Strategy	10
AREAS OF IMPACT OVER THE LAST 12 MONTHS	12
Who we help	12
Humanitarian Action	13
Ukraine War Response	16
Supporting Sustainable Livelihoods	18
Refugee Resettlement in the UK	25
Life Changing Support for Vulnerable Jews	29
PROGRESS ON OUR 3 CRITICAL SUCCESS FACTORS	34
1. We Invest in Our team	34
2. We Grow Our Income	34
3. We Grow Our Supporter Numbers	35
PARTNERSHIP	37
SAFEGUARDING	38
FUTURE PLANS	39
RISK MANAGEMENT	40
FINANCIAL REVIEW	43
STRUCTURE, GOVERNANCE AND MANAGEMENT	48
INDEPENDENT AUDITOR'S REPORT	52
FINANCIAL STATEMENTS	58
Statement of Financial Activities	58
Balance Sheet	59
Statement of Cash Flows	60
Notes to the Accounts	61
LEGAL AND ADMINISTRATIVE INFORMATION	78

	Number of	Number of		Number of
Country	Participants	Partners		Programmes
Ukraine	109,341		27	46
Bangladesh	15,700		1	3
Afghanistan	12,938		1	2
Colombia	11,150		1	5
Pakistan	10,080		1	3
Turkey	8,664		1	6
Myanmar	8,054		1	1
Ethiopia	6,514		1	4
Kenya	6,160		2	5
Haiti	5,399		1	3
Moldova	4,099		4	8
Poland	3,478		2	3
Nepal	2,711		1	1
UK	2,506		18	6
Syria	2,500		0	1
Uganda	2,393		2	2
Rwanda	1,831		2	4
Philippines	1,620		1	1
Georgia	929		3	5
Ghana	875		1	1
Russia	494		1	1
Belarus	319		1	1
Bosnia	82		1	1
Total	217,837		74	113

Timely delivery	96%
Relevant to needs	94%
Quality of services and	97%
provision

Risk	Action Taken	Action Taken
Impact of Operations	•	Selection of local partner based on technical
The design of		and delivery competence.
programme, intervention,	•	Scrutiny of programme design and plan
quality of the partner,		to maximise impact.
appropriateness of	•	Monitoring, Evaluation and Learning (MEL)
resource allocation or		framework to ensure partner is focused on
other areas within our		Impact as a measure of performance.
control, has no or
negligible impact on the
target participants.
Financial Sustainability	•	Build an array of revenue streams through
Running a structural		good fundraising, strong donor care,
deficit, overcommitting		compelling issues and acceptable ROl's.
anticipated	•	Strong financial controls, accurate budgeting
income, or poor		and regular re-forecasting limiting the
fundraising performance		overcommitment of uncertain income.
of key revenue streams	•	Application of our reserves policy .
affects long- term future	•	Managing the balance of General Fund income
of organisation.		to Restricted Fund income.
	•	Increasing active donor numbers through
		proactive marketing campaigns.

Efficiency				•	Focused attention on investing in our people
Underinvestment			in		through positive culture, professional
people,					development, T&C's and building of
systems or technology					reputation/credibility.
leads to under				•	Implementation of a Grant Management System
performance.					for UK Programmes to significantly reduce
					operational grant management time, risk of error
					and improve access to management
					information.
				•	Ongoing development of Raisers Edge NXT
					and rebuild of website to ensure they arefitfor
					purpose and integrate with other systems.
				•	Head of Digital taking proactive lead on
					systems review, integration and digital
					transformation.
Safeguarding				•	Robust safeguarding framework focusing on
Severe safeguarding					risk, whistleblowing, Code of Conduct, HR,
incident in any form by					Policy and Governance/ Accountability.
staff, volunteer		of	World	•	Continual upgrading of safeguarding
Jewish Relief	or				capabilities and understanding of partners.
downstream	partner			•	Focus on open and safe culture within the
personnel.					charity.
				•	Participation on inter-agency safeguarding
					working groups.
				•	Regular staff training .
Reputation				•	Partner mitigation measures above (Impact
Partner performance, legal					Risk).
or financial non-				•	Strong internal financial controls and
compliance, culture of					procedures, strong income management,
charity or perceived					particularly restricted funds, high donor
underspending		against			care/reporting standards.
income adversely			impact	•	Regular board appraisal, staff survey and staff
reputation of	organisation.				reviews, training on key policies.
				•	Adherence to Ethical Fundraising Policy .
				•	Strong GDPR policy and processes .
				•	Regular updates to supporters on expenditure
					plans especially relating to Ukraine crisis.

Date: 26 October 2023

		Unrestricted
		funds	Restricted funds	Total 2023
		£	£	£
	Notes
Income from
Donations and legacies	2	5,424,882	10,397,354	15,822,236
. Investments	3	35,682	61,134	96,816
Total income		5,460,564	10,458,488	15,919,052
Expenditure	4
Expenditure on raising funds		1,552,682	592,232	2,144,914
Expenditure on charitable activities		2,095,583	11,990,048	14,085,631
Total expenditure		3,648,265	12,582,280	16,230,545
Net losses on investments	6	(93,992)	(51,881)	(145,873)
Net income (expenditure)		1,718,307	(2,175,673)	(457,366)
Transfers between funds	14
Net movement in funds		1,718,307	(2,175,673)	(457,366)
Fund balances at 1 July 2022		6,297,100	7,723,266	14,020,366
Fund balances at 30 June 2023		8,015,407	5,547,593	13,563,000
All of the above results are derived	from continuing activities. The		charity has no gains or losses other than
those shown above.
		Un restricted
		funds	Restricted funds	Total 2022
		£	£	£
	Notes
Income from
Donations and legacies	2	3,344,255	14,465,486	17,809,741
Investments	3	21,806	7,074	28,880
Total income		3,366,061	14,472,560	17,838,621
Expenditure	4
Expenditure on raising funds		547,048	973,195	1,520,243
Expenditure on charitable activities		1,774,757	7,876,402	9,651,159
Totalexpenditure		2,321,805	8,849,597	11,171,402
Net gains on investments	6	184,406	12,093	196,499
Net income		1,228,662	5,635,056	6,863,718
Transfers between funds	14
Net movement in funds		1,228,662	5,635,056	6,863,718
Fund balances at 1 July 2021		5,068,438	2,088,210	7,156,648
Fund balances at 30 June 2022		6,297,100	7,723,266	14,020,366

		2023	2022
	Notes	£	£
Fixed Assets
Intangible assets	7	40,840	12,120
Tangible assets	7	1,100,405	1,095,794
Investments	8	3,812,699	2,938,951
		4,953,944	4,046,865
Current Assets
Debtors	9	728,061	828,565
Cash at bank and in hand		8,515,624	9,697,862
		9,243,685	10,526,427
Creditors: amounts falling due within one year	10	(634,629)	(552,926)
Net current assets		8,609,056	9,973,501
Total net assets		13,563,000	14,020,366
The funds of the charity
Restricted funds	11	5,547,593	7,723,266
Designated funds	12	2,826,433	2,382,586
General unrestricted funds		5,188,974	3,914,514
Total funds		13,563,000	14,020,366

	2023	2022
	£	£
Cash flows from operating activities:
Net (expenditure)/ income for the year (as per the
statemen;t of financial activities)	.(457,366)	6,863,718
Investment income	(96,816)	(28,880)
Depreciation of tangible fixed assets	17,015	13,320
Amortisation of intangible assets	9,680	6,000
Decrease/ (increase) in debtors	100,504	(194,496)
Increase in creditors	81,703	317,826
Losses/ (gains) on investments	145,873	(196,499)
Net cash (used in)/provided by operating activities	(199,407)	6,780,989
Cash flows from investing activities:
Investment income	96,816	28,880
Exchange rate variances	(19,621)	77,249
Payments to acquire tangible fixed assets	(21,626)	(3,321)
Payments to acquire intangible fixed assets	(38,400)	(4,320)
Payment to acquire investments	(1,001,635)	(4,130,166)
Proceeds from sale of investments	368	3,556,237
Net cash used in investing activities	(984,098)	(475,441)
Change in cash and cash equivalents in the year	(1,183,505)	6,305,548
Cash and cash equivalents at the beginning of the year	9,699,129	3,393,581
Cash and cash equivalents at the end of the year	8,515,624	9,699,129
Analysis of cash and cash equivalents
Cash at bank and in hand	8,515,624	9,697,862
Cash held by investment managers		1,267
Total cash and cash equivalents	8,515,624	9,699,129

	Unrestricted	Restricted		Unrestricted	Restricted
2 Donations and Legacies	Funds	Funds	Total 2023	Funds	Funds	Total 2022
	£	£	£	£	£	£
Donations and grants	4,130,074	10,285,345	14,415,419	3,050,868	12,349,486	15,400,354
Legacies	1,294,808	112,009	1,406,817	293,387	2,116,000	2,409,387
	5,424,882	10,397,354	15,822,236	3,344,255	14,465,486	17,809,741

	Unrestricted	Restricted		Unrestricted	Restricted
3 Income from investments	Funds	Funds	Total 2023	Funds	Funds	Total 2022
	£	£	£	£	£	£
Income from listed
investments				15,230	6,814	22,044
Interest from bank accounts	35,682	61,134	96,816	6,576	260	6,836
	35,682	61,134	96,816	21,806	7,074	28,880

		Grants		Support
4Expenditure		awarded	Direct costs	costs	Total2023
		£	£	£	£
Expenditure on raising funds				4a
Fundraising and publicity costs			1,613,563	531,351	2,144,914
Restricted			445,521	146,711	592,232
Unrestricted			1,168,042	384,640	1,552,682
Total expenditure on raising	funds		1,613,563	531,351	2,144,914
Charitable activities
Programme expenditure 4b		12,003,917	1,589,923	491,791	14,085,631
Restricted		10,297,629	1,292,596	399,823	11,990,048
Unrestricted		1,706,288	297,327	91,968	2,095,583
Total charitable activities 4b		12,003,917	1,589,923	491,791	14,085,631
Total expenditure		12,003,917	3,203,486	1,023,142	16,230,545
		Grants		Support
4Expenditure		awarded	Direct costs,	costs	Total2022
		£	£	£	£
Expenditure on raising funds				4a
Fundraising and publicity costs			1,075,042	445,201	1,520,243
Restricted			688,196	284,999	973,195
Unrestricted			386,846	160,202	547,048
Total expenditure on raising	funds		1,075,042	445,201	1,520,243
Charitable activities
Programme expenditure	4b	6,754,791	2,526,849	369,519	9,651,159
Restricted		5,238,959	2,300,958	336,485	7,876,402
Unrestricted		1,515,832	225,891	33,034	1,774,757
Total charitable activities	4b	6,754,791	2,526,849	369,519	9,651,159
Total expenditure		6,754,791	3,601,891	814,720	11,171,402

4a Support costs
	Raising	Charitable		Raising	Charitable	Total
	funds	activities	Total 2023	funds	activities	2022
	£	£	£	£	£	£
Governance	26,609	41,067	67,676	:25,269	31,848	57,117
Finance	286,952	265,292	552,244	243,882	218,702	462,584
Information Technology	82,068	75,874	157,942	74,436	51,793	126,229
Human Resources	47,245	27,760	75,005	39,540	23,985	63,525
Office facilities	88,477	81,798	170,275	62,074	43,191	105,265
	531,351	491,791	1,023,142	445,201	369,519	814,720

4b Grants .awarded
	2023	2022
International Programmes:	£	£
Older people
Home Repairs	932,641	433,928
Homecare	1,000,000	1,320,000
Active Ageing and Staying Connected	2,249,554	651,167
Total older people	4,182,195	2,405,095
Securing sustainable livelihoods
Sustainable employment opportunities	4,488,813	773,562
Entrepreneurial opportunities	207,482	169,845
Total sustainable livelihoods	4,696,295	943,407
Response to international disasters
Afghan Refugee Appeal	83,408	248,200
Ethiopia Emergency	57,200
Covid-19 Response	11,610	44,733
Disaster Fund/ Disaster Preparedness Initiative	318,253	201,871
Haiti Earthquake Appeal	84,580	271,870
Pakistan Flood Appeal	190,711
Refugee Crisis Appeal		6,450
Rohingya Support	25,000
Turkey/Syria Earthquake	460,000
Colombia Programme	43,000
ST ART Fund Initiatives	375,253
Ukraine Emergency	264,888	1,846,825
Uyghur Community in Turkey	20,276	175,336
Total international disasters	1,934,179	2,795,285
UK Programmes:
UK Refugee Employment	1,052,095	523,714
Other programmes
Community	53,380	53,777
Other programme costs	85,773	33,513
Total grants to partners	12,003,917	6,754,791

4c Grant funding
	Total 2023	Total 2022
	£	£
Total value of grants awarded in excess of £200,000	7,731,287	3,255,897
Other grants	4,272,630	3,498,894
Total grants payable to institutions	12,003,917	6,754,791
Grants awarded in excess of £200,000
	Geographic	Total 2023
Name of Institution	Region
		£
American Jewish Joint Distribution Committee	Eastern Europe	1,050,000
Fund "Professional Development of Kryvyi Rih / Dnipro"	Ukraine	946,947
CF "Blagorob"	Ukraine	775,350
International Blue Crescent (IBC)	Turkey	754,395
All-Ukrainian Charitable Organisation: 2U "Zarady Tebe"	Ukraine	650,000
Dreamland	Ukraine	620,000
"Save Ukraine"	Ukraine	420,282
Transformations Platform	Ukraine	380,233
TLU "Turbota Pro Litnih"	Ukraine	359,000
Fund "Professional Development of Kharkiv"	Ukraine	304,600
Kharkiv Regional Charitable Jewish Fund "Hesed Shaare	Ukraine	284,871
Tikvah"
Bradford Base Social Enterprise (STEP projects)	United Kingdom	283,554
Hesed Haim in Sumy	Ukraine	265,106
Fund Vilni in Zaporozhye	Ukraine	226,606
Jewish Community Centre in Krakow	Poland	208,063
ICTPD Moldova	Moldova	202,280
		7,731,287
Grants awarded in excess of £200,000
	Geographic	Total 2022
Name of Institution	Region
		£
American Jewish Joint Distribution Committee	Eastern Europe	1,415,763
All-Ukrainian Charitable Organisation: 2U "Zarady Tebe"	Ukraine	502,250
International Blue Crescent (IBC)	Turkey	398,306
Fund 'Professional Development of Kryvyi Rih'	Ukraine	326,911
CF 'Dreamland'	Ukraine	322,920
Haiti Survie	Haiti	289,747
		3,255,897

5 Staff Costs	2023	2022
	Number	Number
The average number of employees during the year was:
Communications	5	2
Fund raising	8	9
International Programmes	11	7
UK programmes	14	6
Administration	11	9
	49	33
Employment costs	2023	2022
	£	£
Wages and salaries	2,048,256	1,376,148
Social security costs	220,516	156,044
Pension costs	138,883	87,313
Total staff costs	2,407,655	1,619,505
Temporary staff costs		6,018
Total	2,407,655	1,625,523
Direct staff costs	1,980,910	1,288,704
Support staff costs	426,745	336,819
	2,407,655	1,625,523

	2023	2022
	Number	Number
£60,000-£69,999	3	4
£70,000-£79,999
£80,000-£89,999
£90,000-£99,999
£120,000-£129,999

6 Gains and losses		2023	2022
		£	£
Realised gain on investments			210,101
Unrealised (loss) on investments		(126,252)	(90,851)
Foreign exchange (loss)/	gain	(19,621)	77,249
		(145,873}	196,499

FOR THE YEAR ENDED	30 JUNE 2023
				Total	Total
7 Tangible & Intangible	Freehold	Computer	Fixtures &	Tangible	Intangible
assets	property	equipment	Fittings	Fixed Assets	Assets
	£	£	£	£	£
Cost
At 1 July 2022	1,199,662	41,401	36,727	1,277,790	87,033
Additions		18,944	2,682	21,626	38,400
Disposals
At 30 June 2023	1,199,662	60,345	39,409	1,299,416	125,433
Depreciation
At 1 July 2022	116,512	29,921	35,563	181,996	74,913
Charge for the year	7,196	9,259	560	17,015	9,680
Disposals
At 30 June 2023	123,708	39,180	36,123	199,011	84,593
Net book value
At 30 June 2023	1,075,954	21,165	3,286	1,100,405	40,840
At 30 June 2022	1,083,150	11,480	1,164	1,095,794	12,120
8 Fixed asset investments	at market value			2023	2022
				£	£
Value at start of year				2,937,684	2,244,505
Disposal proceeds				(368)	(3,556,237)
Additions at cost				1,001,635	4,130,166
Net realised investment gains					210,101
Net unrealised investment	losses			(126,252)	(90,851)
				3,812,699	2,937,684
Cash					1,267
Total				3,812,699	2,938,951
Historical cost:
Value at end of year				4,078,616	3,029,802
The following investments	are considered	material:		2023	2022
				£	£
Charity Assets Trust Account				3,812,699	2,937,300

9 Debtors	2023	2022
	£	£
Accrued Income	539,630	591,136
Gift Aid recoverable	80,452	145,628
Other debtors	26,951	12,139
Prepayments	81,028	79,662
	728,061	828,565
10 Creditors amounts falling due within one year	2023	2022
	£	£
Trade creditors	90,426	111,676
Other taxation and social security costs	73,316	53,146
Other creditors	7,748	6,810
Accruals - grants payable	408,158	263,534
Accruals - other	54,981	17,760
Deferred income		100,000
	634,629	552,926

							Balance at
		Balance at			Gains on		30 June
	Notes	1 July 2022	Income	Expenditure	investment	Transfers	2023
		£	£	£	£	£	£
Meeting immediate needs of the most
vulnerable
OSHA Fund	11.1	282,884		(282,884)
Morley Lawson Fund	11.2	292,165		(29,339)	(2,781)		260,045
The Ansel Harris Memorial Fund	11.3	31,067		(11,775)			19,292
ActiveAgeing & Homecare	11.4		961,217	(959,057)			2,160
Zambian Elderly Welfare	11.5	6,759					6,759
Home Repairs	11.6		437,652	(437,652)
Connections (student stipends)	11.7	84,144	6,989	(28,027)			63,106
Supporting sustainable livelihoods
Sustainable Employment Opportunities
Eastern Europe	11.8		254,199	(254,199)
Building Stronger Families, Eastern
Europe	11.9		90,001	(90,001)
Livelihood DevelopmentAfrica	11.10		132,854	(132,854)
UK Refugee Employment
UK Refugee Employment	11.11	217,619	2,072,566	(1,913,040)		75,233	452,378
Responding to international disasters
General Disaster Fund & Disaster
Preparedness Initiative	11.12		78,010	(80,165)		2,155
Haiti Earthquake Appeal	11.13	91,581		(91,464)		(117)
Pakistan Floods Appeal	11.14		222,394	(221,801)		(593)
Ukraine Emergency Funds	11.15	6,626,890	4,986,057	(6,974,194)	(49,100)	(75,233)	4,514,420
Afghan Refugee Appeal	11.16	90,157	1,597	(90,309)		(1,445)
Ethiopia Emergency	11.17		35,000	(35,000)
Turkey/ Syria Earthquake	11.18		782,821	(553,388)			229,433
ST ART Fund Initiatives	11.19		347,131	(347,131)
Colombia Programme	11.20		50,000	(50,000)
		7,723,266	10,458,488	(12,582,280)	(51,881)		5,547,593

11 Restricted Funds (continued)
							Balance at
		Balance at1			Gains on		30 June
	Notes	July 2021	Income	Expenditure	investment	Transfers	2022
		£	£	£	£	£	£
Meeting immediate needs of the most	vulnerable
OSHA Fund	11.1	1,082,946	5,248	(811,276)	5,966		282,884
Morley Lawson Fund	11.2	323,138	1,567	(38,667)	6,127		292,165
The Ansel Harris Memorial Fund	11.3	31,002	65				31,067
Active Ageing & Homecare	11.4	2,120	813,416	(765,842)		(49,694)
Zambian Elderly Welfare	11.5	6,745	14				6,759
Home Repairs	11.6	26,596	354,031	(380,627)
Connections (student stipends)	11.7	86,251	20,474	(22,581)			84,144
Supporting sustainable livelihoods
Sustainable Employment Opportunities
Eastern Europe	11.8		227,656	(227,656)
Building Stronger Families, Eastern
Europe	11.9	22,789	30,000	(52,789)
Livelihood Development Africa	11.10	16,644	70,952	(87,596)
UK Refugee Employment	11.11	228,340	872,673	(916,551)		33,157	217,619
Refugee Employment Network		1,166	94,619	(95,785)
Responding to international disasters
General Disaster Fund & Disaster
Preparedness Initiative		28,133	50,979	(82,474)		3,362
Haiti Earthquake Appeal			414,602	(323,021)			91,581
Ukraine Emergency Funds			11,109,321	(4,498,968)		16,537	6,626,890
Refugee Crisis Appeal		3,028	5,003	(7,325)		(706)
Uyghur Community in Turkey		184,666	6,151	(190,817)
Afghan Refugee Appeal			388,505	(298,348)			90,157
Covidl9 Response		44,646	7,284	(49,274)		(2,656)
		2,088,210	14,472,560	(8,849,597)	12,093	-	7,723,266

		Balance at	New	Utilised/	Balance at
		1 July 2022	designations	released	30 June 2023
		£	£	£	£
Property fund - functional property		1,083,150		(7,195)	1,075,955
Property repairs and refurbishment	fund	100,000	44,346	(44,346)	100,000
Programme support pledges		1,199,436	2,244,530	(1,793,488)	1,650,478
		2,382,586	2,288,876	(1,845,029)	2,826,433
		Balance at	New	Utilised/	Balance at
		1 July 2021	designations	released	30 June 2022
		£	£	£	£
Property fund - functional property		1,090,345		(7,195)	1,083,150
Property repairs and refurbishment	fund	100,000			100,000
Programme support pledges		735,556	1,937,649	(1,473,769)	1,199,436
		1,925,901	1,937,649	(1,480,964)	2,382,586

13 Analysis of net assets between	Unrestricted	Designated	Restricted
funds	funds	funds	funds	Total 2023
	£	£	£	£
Fund balances at 30 June 2023 are
represented by:
Tangible & intangible fixed assets	65,291	1,075,954		1,141,245
Investments	1,830,096	419,397	1,563,207	3,812,699
Debtors	363,839		364,222	728,061
Cash	3,148,352	1,331,082	4,036,190	8,515,624
Creditors: amounts falling due
within one year	(218,604)		(416,025)	(634,629)
	5,188,974	2,826,433	5,547,593	13,563,000
	Unrestricted	Designated	Restricted
	funds	funds	funds	Total 2022
	£	£	£	£
Fund balances at 30 June 2022 are
represented by:
Tangible & intangible fixed assets	24,764	1,083,150		1,107,914
Investments	2,204,213	440,843	293,895	2,938,951
Debtors	345,227		483,338	828,565
Cash	1,529,702	858,593	7,309,567	9,697,862
Creditors: amounts falling due
within one year	(189,392)		(363,534)	(552,926)
	3,914,514	2,382,586	7,723,266	14,020,366

Unrealised losses included above
On investments	(127,640)	(29,251)	(109,026)	(265,917)
Reconciliation of movements in
unrealised gains (losses):
Unrealised at 1 July 2022				(90,851)
Unrealised gain/ (loss) on share
portfolio				(126,252)
Unrealised gain/ (loss) on foreign
exchange				(48,814)
Unrealised at 30 June 2023				(265,917)