REGISTERED COMPANY NUMBER: 00546659 (England and Wales) REGISTERED CHARITY NUMBER: 313503 Reporl of the Trustegs and Unaudited Financial Sttytoments for the Year Ended 30 June 2021 lor B'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI UJS UNIONOF JEWISH STUDENTS Haines Watls (Cllyl LLP Charlered Accounlanls New Dgrwenl House 69-73 Theobalds Road London WC1X STA
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Contents ot the Finan¢lal Stalements for the year ènded 30 June 2021 Page Flelerence and Adminislralive Details R9porl ol the Trustees 2 10 9 Independent Examiner's Report Statement ol Financial A¢llvilies Balance Shtsel 13 Cash Flow Slalemenl 14 Notes lo the Cash Flow Statement 15 Notes lo the Financial Slalemenls 16 to 27
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Reference and Admlnlstratlve Detalls for the ygar ended 30 Jung 2021 Tru8ta¢s M 8arng11 CR Bogush D E J Dangooi lappolnted 1915120211 SW Debson EC Dwek lappoinled 1915120211 J Flacks lappoinled 2818120201 N Freedman lappoinled 117120211 L Goldberg lappoinled 2818120201 TM L Kunin lappoinled 117120211 H Rosè A Rose M J Simmons P Surllmerlield R8glstered offlc New Derw8nl House 69-73 Th80balds Road London WC1X STA Reglstergd company numb•r 00546659 (England and Wales) Raglstered charlty number 313503 Independent examlner Haines Walls Icilyl LLP Char18red Accounlanls New D8rwenl House 69-73 Theobalds Road London WC1X STA Bankers Lloyds TSB Edgware Gommer¢ial C8ntre 105_109 Station Road Edgwarg Middlesex HAS7JL Pag&11
Looking back Looking forward Jis Over a y8ar on, and the pandemic still looffls. Not only despite the pandemic, bul also because ol it, Jewish students ale more vocal, pa8sionat8, and ereallve than ever belor8 about thelr advocacy and engag8m8nl with IheSr Judaism. J8wish students In the last year have shown how Jewish life on campus 18 not slmply suiviving, bul This year at UJS will be like no olhei. We aro faced with the incr8dible oppoftunily ol reconnecting with thousands ol students in a new, exciting way. The past year has lell a vacuurn ol loneliness and anxi81y thal w8 ar8 uniquely able lo lill. As the represenlalive voice ol Jewish slud8nls, we oan help them find th8ir feel in this evei-changing world provide the tailor8d support that they n98d. UJS has taken, and continues lo lake, an activ8 role in nurturing Ihe next land currentl leaders ol our community, who continue 10 bravely sland up to delend th& rights and religlous freedorlls ol J8wish student5 al universities acros8 Ihe UTriled Kingdom and Ireland. Our Students have begn pion88ring bold new campa1ons from Israel advocaoy and engagement lo social aclion and liberation. Taking forward th8 lessons w& have learnt Irotn the pandeffiic, we will be looking al a hybrld model that combines our strong onllne presen¢@ with the quallly of in- p8150n events. This wi11 allow us to engag& more students Ihan ev8r b8fore, wSlh the polenlial lor both national events and IoGali8ed cominunily action. It is so Important thal we tnaxlrnise all ol resourc8S I order to reach as many students as posslble. This past year hasshown that our studenls nèed UJS lo be a guiding force lor good on campu8'. A Union of Jewish Students, and a Union FOR Jewlsh Studenls. l am so honoured to b818ading UJS into ils ngxt y8ar ol work and to have the opportunity to enrlch the Ilves ol Jewish slud8nts. My Jewish sludenl exp8118nce was so heavily shaped by my involvem8nt with UJS and this is something I hope lo pass on to th8 next generation of Students. The corning year will focus on reinlroduclng the in- person eornmunily thal we have all been rnisslng1n our year ol Isolation. As w811 a5 FiSday Night Dinners and social evenls Ilhe bread and butter ol J-So¢ lifel we will bring a vivid range ol programmes and campaigns that hope to inspir8 and excite our students. Th8 greatest thlngs are yel lo com81 Jame5 Harris WS Pr8sldent 2020-2021 Nina Freedman UJS Pr88idenl 2021-2022 Page12
'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI From th8 Trustees The UJS Trusl88s ale proud lo ¢onlinug to b8 entrusted as Ihe guardians ol the Union ol Jewish Sludenls on behalf of the entire Jowish community. ThSs is a iole wo lak8 on, knowing Ihg potential ol this pillar organisalion of our community, and underslandlng the irnpacl if we fail In our task. In any one year, we sland by the 8,500 Jewish slud8nls on campus and w8 supporl the small, professional t8arn. Equally, we ensurg th8 long-leim slabilily ol UJS. not only to suppoil the students of today, but 10 8nsure UJS is in a strong position to assist Jewish students in future years. In turn, this wlll benefit th8 futur8 01 Ouf oommunily. Oovid had a significant irnpacl on Jewlsh studen18, all8cling their mental health as well a5 Ihelr physical h8allh.The impact ol Covid a180 led to significant culs lo our 8clivitie5, closure ol Hi1181 Houses and the Iransilion to an online provision ol services. As it happ8n8, in 2019 Ibelore Covidl, UJS Trustees had r8comrn&nded the UJS team become digitally proficient and lor UJS lo be¢om a 'digital liisl. organisation. Nobody could have lore888n the absolute need lor this, b1 il led lo a veiy quick and easy pivot as Covid hil. Ind8ed, durlng Ihis ygar, w8 8ngaged a million individuals from across the globe and across Ihe spectrum ol Jewish engagemenl and belief in our online content. UJS produced 2,000 hours ol video ¢onl&nl, hosted 250+ live 8V8nls, and even in a year ol fully onlin8 8ngagemenl, UJS signed up over 1,100 new m8mbers. Entgring this year, the piospe¢l ol fundraising seemed lovgh. Chari118s were struggling and in some cases Closing their doors, and philanlhropis18 W8re slruggling to keep up with the demand. UJS gxp8cled a year where we had lo Thake some exceptionally tough declsions. But, thanks to the incredibly hard work of the UJS professional teaffl, supported by the Truslees, UJS was not only abl8 to suivlve, bul lo excg8d our fundraising largel whilst deliverlng superb cont8nt and programming al less cost than proj8ct8d. You will sge, as w8 review the year that UJS was absolutely central and vital IQ the su¢¢ess of the 70+ Jewish societies and their activities In this pasl year. We are proud to be able lo showcase just a small parl of our work in this revi8w, and lo be able lo show you lust some ol Ihe highlights ol a year that, whilst being fraught with Chall8geS, was neverlh8le88 a year where we al UJS were proudly leading. defending and enriching Jewlsh sludenl life. k41 Paul Summtifj8ld Chwr ol Trustees Nlna Freedtnan UJS Predenl 2021B2 Page13
'NAI B'RITH HILLEL FOUNDATION {ALSO KNOWN AS UJSIHILLELI TRUSTEES. REPORT.. REFEFIENCE AND ADMINISTRATIVE INFORMATION For the year ended 30 June 2021 The Trustees pr8S8nt their repoil together with the linancial slaternenls of the company lor th8 year ended 30 June 2021. The a¢counts hav8 b88n prepared In a¢¢ordan¢g with th8 charity'5 Memorandurn and Articles ol Associatlon and the a¢- counting pollcles sel out in note I to lh8 accounts and Comply with the small company ieglme Iseollon 4191 ol th8 Companies A¢1 2005, th8 Chaillles Act 2011 and Accounting and Reporling by Charilies.. Stal8m8nl of Recommended Pra¢lic8 applicable lo charities preparing their accounls in a¢¢ordance with th8 Financial Reporllng Standard applicable in the UK and Republic ol Ireland IFRS1021 lelle¢live l January 20151. B'nai B'rith Hillel Foundation is eslabllshed as a charitable company Ilmlled by ouaranlee with company number 00546659 and is a regislered charity with the Charily Commission (No 3135031. The charity's affairs are governed by ils M8morandum and Articles ol Association whlch allows lor any activities covered by the charity's objeetlV8s with no restrictions. Thg charity is generally known as Union ol Jewish Slud8nls IUJSI. Its prlncipal office is 1 Torriano Mews, London NWS 2RZ. The Trustees, who are also Directors lor the purpose ol company law, and who served during the y8ar w6re'. Paul Summerlield Ichairl Maurice Hellgoll Iresignod 7 July 20201 Mark Barn8ti Carolyn 80gush Sp8nc8r D8b8on Paul Koopman Ir88ign8d 14 July 20211 Mitch811 Sitntnons Adam Rose Hannah Rose Nina Sandler (resigned 7 July 20201 Nina Fr88dtnan lappoinled l July 20211 Jodie Franks lappoinled 1 July 2D20, iesSgned 19 May 20211 Louise Goldberg lappoinled 28 August 20201 Judith Fla¢ks lappoinl&d 28 Augu5120201 Elana Dwek lappoinled 19 May 20211 Dani81 Dangoor lappointed 19 May 20211 Outgoing UJS Pr85ident, James Harris was r8p18ced by incomlng UJS Prgsidenl Nina Freedman on 1 July 2021. Recyuitlng, 8ppolnllng and Induction of Tru$le&$ A new Irust6e tnay be nomlnated by a sitting tru8l&e or proposed by a S&nior Stafl tnemb6r. The nominee ne8ds to be agreed by the chair and ralili?d by the full Board. The Induction pro¢ess for any newly appolnled Iruslee includ88 an Inlllal meeting with th8 Chair and the 8oard, together with meetings with the Chi8f Execullve on fundraising, d8ployment ol Charitable resourc85, the grant making pro¢es$, and powers and r8sponsibS1itles ol the Board. UJS UNION OF JEWISH STUDENTS Page14
B'NAS B'RITH HILLEL FOUNDAT50N (ALSO KNOWN AS UJSIHILLELI FINANCIAL REVIEW For the year ended 30 June 2021 Reserves Policy In vlew ol th8 d8ficit In previous yeais the Trus18es consider il necessary to retain and11 possib18, Increase 8xisling reserv88 lo a minimuffl 016 months 8xpendilure to maintaln and further develop the current levgls ol charllable aclivilies. The Trustees aim lo a¢hi8ve this by judicious managernénl ol resources. In addilion, as reported prgViOU51y, the Tru8te8s havg increased lh8 elle¢liv8n8ss ol the lundraising a¢livily ol the ¢haiily with the oble¢live of increasing the reservES. The total funds held by the chaiily al 30 June 2021 ar8 £1,237,734, 01 which £214,770 are ieslri¢led lunds and £1,022,964 unreslri¢ted funds availabla for the general purposes ol lh8 eharily. This is in line with thé above policy. Results The results for the year, as shown in the Stat8menl ol Financial Actlvitlgs on page 10, show a surplus of £155,298 12020.. surplus £316,095). In r8C8nl years slienuous elfoils were made lo reduc8 and ellmlnat8 y8ar on year d8ficits. Over the last 2 years, 2019-20 and 2020- 21, the charity has be8n impacted significantly by Covid-19. In 2019-20 a dBlicil would have been reported bul this was then mor8 than of1881 by a subslanli81 unanli¢ipa18d legacy re¢eiv8d in June 2020 for which w8 are most grat81ul. For 2020-21. with th8 continued uncerlaint18s from Covid-19, the Charity orlglnally mad8 provision lor a dellcil il necessary, in ord8r to provid8 an appropriate level ol provislon lor 8lud8nt5. In the @vent, judlclous conlrol ol expgndilure more than olf5el reduced income resulting in a 8urplus. Total income fell to £674,23612020.. £1,082,861), and donalion income lo £649,983 12020.. £1,058,537). We have continued our locus on increasing donations from trusts and foundations In demanding cir¢umslanc8S. Total costs further decr8ased by 33%10 £518,93812020.. £766,766 already 35Y* down on prioryearl. ref1eoling th8 cost savings referred to above and indicated in notgs 4,5 and 6 to the financial slat8rnent5. D8tails ol changes in the fixed assets are shown in Notes 13,14 and 15 to th8 financial stat8rnents. In the balanc8 sheet, net ass8ts increased lo £1,237,73412020.. £1,082,438), as a result ol both cost savings and the legacy income r8f8rr8d to above. UJS UNION OF JEWISH STUDENTS Paoe15
B'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI STRUCTURE, GOVERNANCE AND MANAGEMENT For the year ended 30 Junè 2021 Organisational Structure The chaiily Is adminisleied by the Board ol Trustees which Is Ils governing body. The Boaid rneels regularly lo di8cuss and lortllulale pollcy which is then implgrll 8n18d by the professional team. Trustees are appoint8d to the 8oard in accordanc8 with Ihe Aflicles ol Association. Pay and remuneration of the chaiily's key managemenl personn81 is s8t each year bylhe Board of Trust888. Th8 slarting salary was benchmarked consid8ring Ih8 sector Isimllar communal ¢harilies, London siudenls, Unions and lh8 National Union ol Slud8nlsl. Pay increas85 are in line with expanding responsibilities and perlormance. Any incr8a8&s are also Considered alongside overall budget conslrainls. Relationship with Related Partles and Other Charities The charity has a ielationship wlth the Yorkshire and Humb8r8ide B'nal 8.rllh Hlllel Foundation. Rlsk Management - Impact of Covld-19 The Trustees have considered th8 POt8nlial ongoing impacl on in¢ome of Covid, which Gan be un¢erlain and consid8rab1e, and contlnue to ¢onsider Carefully all exp8ndilur8 and put in lo place ¢onlingency plans so that we oan oonlinue to repr888nl Jewlsh stud8nts in Ihe be81 way pos55ble whilsl being compliant with government reslri¢lions. Al th8 lime ol wilting these restrictions have been largely 8ased and student activity on campus is r8- turning lo pre-eovid near norrllal. Notwithstanding,there continues to be a signili¢ant impact on lundraislng. We continue to striv8 to d8liver our Core purpose of 18ading dofendillg and enri¢hing Jewish sludenl Iiv8s whilst rnaintainlng an adaptable approach to S8rvic8 delivery. Risk Managem&nt - addltlonal consideration5 Additional rlsks are Idenlilied, asss$s8d 8nd controls established. Consequently. th8 Trustees are satislled that thg major risks idgnlilied have been tnitigaled. The prin¢ipal risks and unc8rtainties that the Trustees see as lacing th8 charity are: Succession wlth most ol the leam ¢hanging each year, and oui work reliant on annually eh8nging volunteers natlonally, the Trust88S ar8 keen lo ensure that the senior leadership and stralegSc continully ol Ihe charily is tnaintained to dellver impact. TheTrustees' plansfor m8naglng those risks include.. Financial g8ll81ally, the need lo secure our gxisling ba88 of donors and Identify new rnajor donors. During the year we have expanded this remit lo include US based enlili9s,' specifically, lo tnanage through the impa¢l ol Covid-l g Isee above) and minimis9 the anlicipat8d op8ralional dellcits that may arise in luture y8ars. Succ855ion - the Tiuslees and the CEO hav8 in place a planned Iransilion process Ihal allows for training new stalf and ret8nlion ol senlor Slafl lo ensure thal al 8ach transition the stability ol th8 organisation Is malnlained and secur8d. UJS UNION OF JEWISH STUDENTS Page16
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI STRUCTURE, GOVERNANCE AND MANAGEMENT Icontinuedl For the year ended 30 June 2021 Oblectlves and Acllvities The oble¢lives for wh1¢h th8 charity1s established are the promollon in g8n8ral of the 8ducalional and relioious w811are ol Jgwish sludenls ordinarlly or l@rnporarlly resid8nt in the United Klngdom and Ireland. Alms of the Charity The aims of the charity are lo provide cultural support lor Jewlsh sludents and spac8S that willa11ow for this activity to take place. The aitns also includ8 the provision ol ollices, facilities and support for the Union ol Jewish Students of the Uniled Kingdom and Ireland. Publlc Beneflt Th8 Tiustees hav8 Cotnplled with secllon 4 01 the Chaiilies Act 2005 and have pald due r8gard lo guidance published by the Charily Commi8slon in deciding what activities the ¢harily should underlake. The trustees have given due con8ideialion lo the Charity Commission's published guidance on the Publ1¢ Bgnefil requirgm8nl under the Chaiilles Acl 2011 The maln activitles undertaken lo further the charity's purposes for tho publlc benefit are: Fulfilling our charitabl8 objeelives to promote the education and rellgious w81fare ol Jgwish students. Thls In¢lud8S lacililallng a¢¢ess 10 kosher food and accomtnodalion, Suppoil lor Sabbath and J8wish Feslival acllvily, and funds, speak8r8 and materials lor educational a¢livit188. Thls conlribut8S to the 8qU81ily, inclusion and diversity ol the UK'S Higher EducalSon sector. D8v81opSng community and Civic volunteers who are engag8d In a¢livitl&8 to promot8 community coheslon, ¢hallenge stigma surrounding mental heallh, and ¢onnect students with volun18ering lor local communit18S. Engaging hundreds ol sludent volunteers and Ihou8ands of slud8nls wllh work, 8xpanding und&r5tanding of iaclsm and promoting posilive alternatives lo sometimes divisiv8 issues on campus and within society. Oble¢tlves for the Year Ahead Thg obj8ctives lor the y8ai ahead and beyond arg lo conllnue its commitment toJewish $lud&nt Ille a¢ross the UK and Ireland by.. Equipping J8wish slud&n18 to deliver a greater amount and range ol peei-led and high-qualily J8wish education, Including social aotlon and volunteering, in5plied by Jewish values. Enabling and empow8ring more Jewish sludents to lake active roles within their lo¢al and national sludenl unions. and through Interfaith actlvlly and social change project, thus contributing lo diverse and incluslve ¢arnpus Communitie5. Working with local ¢ornMunities, university aulhori118s and spgcilic phllanlhropists to provide elflcienl and sustainabl8 access lo kosher and sale spa¢es lor Jewish students and Jewish actlvily. This is our ¢onlribulion to enabling campus cownmunilies to Cater lo diverse slud8nls. Further increasing our digital footprint and reach. UJS UNIONOF JEWISH STUDENTS Page17
B'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI STRUCTURE. GOVERNANCE AND MANAGEMENT Icontlnuedl For the year ended 30 June 2021 Strategies lor A¢hlevlng Obje¢tlv6s The ¢harity's strategy for achSeving th988 obleclives is lo.. Promote slud8nt wellare and advance their inleiests nalionally and on ¢ampus. Cieale and deliver powerful campaigns.. lighting prejudic8 that largets Jewish peopl8 and other minoiities., advancing the inclusion ol Jewish people within wider society and ol marginalised groups wilhin our J8wish communily., and Snspiring education and action on the issues that tnallei lo us. Locally, nationally and inl8rnalSonally, run diveise and dynami¢ progratnmes., facilitate access lo kosher food and accotntnodalion., proudly and passionately engage wllh lsra81', initiate inspiring interfaith projects., and spearhead and support soeial actlon Ilikkun olaml. Invest further Sn our digital outpul. STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trugt88s, who are al80 the dlre¢lors of B'nal B'rith Hillel Foundation lor the purpos& ol cornpany law, are responsible lor pr8paring the Trusl8es' Report and the Ilnan¢ial slaletnents in accordance with applicable law and Uniled Kingdom A¢¢ounling Standards Iuniled Kingdom Ggn8rally Aooepled Accounllng Praclicel. Cotnpany Law requires the Tru$le8S to prepare linanclal slal8m8nls lor each financlal year which glve a true and fair view of the slate of allairs of Ihe charity and ol the incotnlng resources and appli¢ation of resourc8s, including the income and 8xpendllur8, ol the charitable company for that year, In preparing tho89 flnancial stat&ments, thg Trustees arg required to: sele¢1 suitable accounting policles and th8n apply thern consi5tenlly', ob88rv8 the methods and prln¢iples in the Chari1188 SORP., makgjudg8tnents and @8timaies that ar8 reasonable and prudenl-, slal8 whether applicab18 UK Accounling Standards hav8 been followed. subject lo any material depailures disclosed and explained in lh8 financial slat8menls', and prepare the financial slatem9n18 on the going concern basi8 unless it is inappropriate lo pr8sume that the charity will ¢ontinu8 in operation. The Tru8tees are responsible for keeping adequale aceounting records that disc1088 Wlth reasonable accuracy al any Ilme the Ilnan¢ial p0511ion ol the charity and onab18 them to ensure that the financial slat8m&nt5 eornply with theCompani8s Ael 2QO6. They are also responsib19 lor safeguarding the assets ol the charity and henoe lor taking reasonabl8 Steps lor th8 prevention and det8Ction of fraud and other irregulari118S. UJS UNION OF JEWISH STUDENTS Page18
(ALSO KNOWN AS UJSIHILLELI TRUSTEES. REPOFIT.. LOOKING AHEAD-COMPLIANCE For IhÈ year ènded 30 June 2021 Fundralslng compllance Th8 charity 15 Cotnmllled lo best practi¢e, as oullin8d by the Fundralslng Regulator, in ils approach lo fundralsing, No pro18ssional fundraisers are used by the chaiily. Disclosure ol Informallon to Independent Examiner During th8 y8ar, the charlly replaced loimer auditors HW Fisher LLP wllh Haines Walls LLP. Given th8 reduced level ol incomB, the Tiuslees ¢onsider8d it appropriate lo reduce the reporling $¢op8 from audit to Independent Exatninalion in accordanoe wilh the requirem8nls ol th8 Cotnpanies Act 2006. Each ol the Trustees has ¢onlirm8d Ihal ther8 18 no information ol which Ih9y ar8 aw8r&, bul ol which HW Flsher are unawar8, which 18 r818vant lo the Independent Examination. Th8y have further ¢onlirmed that they hav8 taken approprlale steps to id8nlily such relevant information and lo establish Ihal HW Fish8r are aware ol such in- lormalion. Thls report was approved by th8 Trust888 on 30 March 2022 and signed their b8hall by.. Sp&nc8r D8bson ITr8asuieil Page19
Indep8ndent Examln8r's Report to th8 Trustees of B'Nal B'rlth Hlllel Foundallon (Also known as UJSIHlllell Independent examiner's roporl lo the truslees of B'Nal B'rith Hi1Sel Foundalion (Also known as UJSIHillo11 I'lhè Company'l I reporl to the charlly trustees on my examlnailon ol th8 accounts ol the Company for th8 y8ar ended 30 June 2021. Responslbilities and basis ol repoyt As the charily's Iruslees ol the Company land also its directors lor th8 purposes ol cornpany lawl you are iesponsible lor the preparalion ol the accounts in accordan¢8 wilh the requir8menls ol Ihe Cofflpanles Act 20061.lhe 2006 Aol'l. Having sallslied mys811 that the ac¢ounlS ol Ihg Company are not required lo be audited under Parl fj 6 01 the 2006 Act and are gligible foF Independ8nt examination. I repoil in r98peci ol my examination ol your charity's ac¢ounts as carried oul under section 145 of the Chari118s Act 2011 1'lh& 2011 Acl'l. In carrylng out my 8xaminalion I have followed the DSreclions givgn by the Charily Cotnmlsslon und8r secllon 145151 Ibl ol Ihg 2011 Act. Independent examlner's statement- matters of concern idenllfled Slnce your charity's gross income ex¢e8d8d £250,000 your examiner must be a memb8r ol a listed body. l can conliim that l am qualilled lo undertake the examinatlon because l am a regisl8r8d rnember ol_ whlch Is one of the listed bodies. I have ¢offlp181ed my examination. In preparing th8 financial slalernents, we hav8 concluded that tho Iruslee$' use ol the going concern basis of accounting in the preparation of the Ilnancial statemenls 18 appropilate. Ouf iesponsibililigs and the responsibilltles ol th8 trustees with r8spect lo going concern are descilbed in th8 relevant se¢lions ol this report. We draw altentlon lo th8 8talemenl of linanclal activities whS¢h shows the Trust has incuiied nel income during th8 yèar end8d 30 June 2021 and the year 8ndad 30 June 2020. As ind@P8ndent examiners we have r8viBwed the charity's shoil and tnedium term plans, aclual resulls post year 8nd and Cash flows for the n9xI 12 months from the dale of signing Ihis reporl. As per the trust88 diieclors, not8 1, they indi¢at8 that they believe no ma18rial un¢eilainly 8xislS that may easl slgnlllcanl doubl on the charily's ability lo continue as a going concgrn. Ba$8d on our reviews dètailed abov8 we have no rea80n lo dlsagrge with thElI conclu810n. The liustees, vlew on Ihg impact ol Covid-19 18 dlsclosed in the Truslegs. r8porl. Page110
Independent Examlnpr's Heporl lo th8 Trustees of B'Nai B'rlth Hlllel Foundatlon IAlso known as UJSIHillell Our oplnlon is not rllodili8d in r88pecl ol thls or any olher rnaller. I confirm that no other mallers hav9 come lo my attention in ¢onne¢tion with the examlnalion giving m& reasonable ¢ausg lo believe that In any material r8sp8cI'. accounting records were nol k8pI in respect ol the Company as 18quiied by section 386 01 the 2006 Act., or the accounts do not accord wilh those r8cords'. 01 the a¢counls do not comply with the accounting requirements ol section 396 of the 2006 Act other than any requir8m&nl Ihal the a¢counls give a true and fair view whi¢h is not a Matl8r consideied as parl ol an independent examination., and Ihe accounts have not been prepared in a¢¢ordance with Ihe methods and principl88 ol the Slalemenl ol Re¢omm8nded Piactice lor accounting and reporllng by charities lapplicable to chari1Ses preparing their accounts In aocoidan¢e with the Financial Reporling Slandard applicable In the UK and Republic ol Ireland IFs 10211. I confirm that there are no olher tnaiiers lo whlch your allenlion should be drawn to enable a proper understanding ol th8 accounts to be reached. Davld Boosey BFP ACA Halnes Walls Icily) LLP Charleied Ac¢ounlanls New Derwenl House 69-73 Theobalds Road London WCIX BTA Dalg.. 30 March 2022 Pagel 11
B'NAI B'FIITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI Stalement of Financial Activities For tho year ended 30 June 2021 2021 Total funds 2020 Total funds Unrgslrlcted fund Restricted fund Notes Income and endowments from Donations and leoaaes 474,153 175,830 649,983 1,058,537 Charltable activlllès Charilable activities 24,253 24,253 24.324 Total 498,406 175,830 674,236 1,082,861 Expendllure on Raising funds 57,545 57.545 54,871 Charllable activities Charitable activitie5 389.663 71.710 461,393 711,895 Total 447,228 71,710 518.938 766,766 NET INCOME 51,178 104,120 155,298 316,095 Reconcili8llon ol fund5 Total funds brought forward 971,786 110,650 1.082,436 766.341 Total funds carried forward 1,022.964 214.770 1.237,734 1,082,436 Pagel 12
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Balance Sheet 30 Junè 2021 2021 2020 Notes Flxed assot$ Tangle assets Invegtrnen15 14 3.233 517.176 4,449 517,176 520,409 521,625 Current assets Debtors Cash al bank 16 1,923 768,748 35,945 591,142 770,671 627.087 Creditors Amounts lalllng due within one year 17 153,3461 166,2761 Net current assets 717.325 560,811 Tol81 assèts less current liabilitles 1,237,734 1,082,436 NET ASSETS 1.237.734 1,082,436 Funds UNre51ri¢led funds Reslrioled lunds 20 1.022.964 214,770 971,786 110,650 Total funds 1 237,734 1.082,436 The ¢harilable company is enlilled lo exemption from audit under Section 477 01 the Companles Act 2006 for the year ended 30 June 2021. The members havenot required Ihecompany lo obtain an audit ol itslinancial slatemenls for Iheyear ended 30 Jkjne 2021 in accordance with Section 476 01 the Companies Act 2006. Thetruslotss aeknowledgo their responsibllilies lor lal ensuring that Ihe charItae ¢ompany keeps accounting records that comply with Sections 386 and 387 01 the Companies Act 2006 and preparing financial statements which give a true andlalr view ol the slate ol affairs ol the eharilable company as al the end ol each linanclal year and ol ils surplus or delicil lor each financial year in accordance with the requir6ynents ol Seclions 394 and 395 and which otherwise ¢omply with the reqLJirements ol the Companles Act 06 relating to linanad statements, so lar as applicable to the ¢harilable company. Ibl 30 March 2022 The financial statentS were approved by the Board ol Trustees andauthorised lorissueon and were signed on its behalf by.. S W Deb5tsn- Trustee Page113
'NAI B'FIITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI Cash Flow Statement for the year ended 30 June 2021 2021 2020 Notes Cash flows from operating activltles Cash generated from operations 177,606 295,881 N$1 cash provided by OPeTallng activities 177,606 295,881 Change in cash and cash equlvalenls In the reporting period Cash and cash eqvlvalents al the beginning of the roportlng period 177,606 295,881 591 142 295,261 Cash and cash equlvalgnts at the end of the reporting perio 768 748 591,142 Page114
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Notes lo the cash Flow Slatemenl lor the year ended 30 Junè 2021 Reconciliation ol net income to net cash flow from opertyllng activilies 2021 2020 Nèt Income for the reporting perlod las per th8 Slatement of Flnancial Actlvilies) Adjustments tor: Deprecialion ¢harges Decrease in debtors Drease in creditors 155.298 316,095 1.216 34,022 12,9301 5,049 73,697 98,960 Net cash provided by operalion5 177,606 295.881 Analysis of changes in nel lunds At 117r20 Cash Ilow AI 3016121 Nel cash Gash al bank 591,142 177606 768 748 591,142 177606 768,748 Total 591.142 177,606 768.746 Pagel 15
B'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI Notès to the Fin8n¢lal Statement$ tor the year ended 30 Jun¥ 2021 Accountlng policles Basis of preparing the financlal slatements The linan¢ial slal8m8nls ol the charitable ¢ompany, whlch is a public benefit enlily under FAS 102, have been prepared in accordance with the Charili8s SOAP IFRS 1021 'Accounling and Reporting by Charilie5.' Sla18tnenl ol Recommended PraclS¢e applicable to charilies pr8paiing their accounts in a¢¢ordance with Ihe Financial Reporting Standard appli¢abl8 in the UK and R8public ol Ireland (FAS 1021 lellgctive 1 January 20191,, Financial Reporling Standard 102'The Financial Repoiiing Standard appli¢able in the UK and Rgpublic ol Ireland. and the Companies Act 2006. The financial slalements have been pr8pared under the histoil¢al cost conv8nllon, with the exception of inveslm@n15 which ar8 included al mark8t value. Th8 financlal slalement are preparèd in sterling, which 18 the functional currency ol the charity. Monelary amounts in these financial slatemonls ar8 rounded lo th8 nearest £. Crltic818¢¢ounting judgements and kgy sources ol estlmation uncerlalnty In the application ol the charily's accounting polici8s, the Trusle9s are required lo make judgements, @stimales and assumption5 about the cariying amounl of assels and liabililles that are not readily apparenl from other 8our¢es. The eslima18s and a5s0¢ialed assumptions are based on historical experience and other laclors that are ¢on81d8red lo b8 relevant. Actual iesulls may dilf8r Iicm the$8 88timales. Thg 881itnales and und8rlying assumptions are reviewed on an ongoing basis. Flevisions to aecounling 8Stlmales are recogni88d in the period in whlch the estimate 15 revised where the revision allects only that perlod, or in the period of th& revlslon and fuluie perlods wh8re the revision alfe¢ls both ¢urr8nl and future p8riods. In the opinion of the trusl8es, thore are nocillal accounting esllmales and judgements which require disclosure. Incomlng resourcgs Incorne Ss iecognis8d when the chafily Is legally 8nlilled lo il a119r any perlormanc8 condSllons have been mgt, the amounts can be measured reliably, and il is probable that in¢om8 will be re¢8iv8d. Cash donations are recognised on re¢eipt. Olhei donalions are iecognised onoe the ¢harily has been notified ol th8 donalion, un185s peilormanc8 condilion require deferra1 of the amount. Income tax recoverable Sn relation 10 donations rec8ived undoi Gill Aid 01 deeds ol covenant is recognised on a regul8r basls. L9gacies are ie¢ognis8d on receipt or otherwise if th8 charlty has b8en nolllied ol an impendlng distribution, the amount is known, and re¢eipt is expected. 11 the amount is not known, the legacy 15 Iiealed as a conllngenl asset. Resources expgnded All expendilure is aeoounled lor on an ac¢rual8 basis and ha8 been includ8d under expens8 categories that aggregal& all costs lor allo¢alion lo aclivitlgs. Where Costs cannot be directly attributed lo particular a¢livili&s they have b88n allocated on a basi5 consistent with the use of resources. Fundraising costs ar8 Ihose incurr8d in seeking volunlaiy contributions and do not Snolude th8 Costs of dis88minaling information in suppoit ol the Gharilable activllles. Supporl costs are thos8 Costs In¢urr8d direolly in support ol expenditure on the objects ol the company and include project tnanagem&nt caiiled out at H8ad Olli¢e. Goveinanc8 costs are those incurred in connection with admlnislration ol the company and compliance wllh constitutional and slalulory requirements. Grants ollered subj8cI to conditions which have not been mel al lh8 yèai-end dale are noled as a commllmenl bul not accrued as expenditure. Government grants Governmgnl granlS,whi¢h include amounls r8ceived under th8Coronavirus Job Retention Sch8tne, areiecognised al the lali value ol the giant r9C9ived or receivable when there is reasonable a8suranGe that Ihe grant conditions wi15 be mel and the grants will be received. Th8 income is recognised In other incotne on a $ysl8fflatlc basis ov8r Ihe periods in which the associat8d costs ar8 incurred, using th8 accrual mod81. Pagel 16
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Notes to the Finan¢lal Stalemenls contlnu8d lor the year onded 30 June 2021 Accountlng poll¢le$- contlnued Charllable funds Unresiricled funds ar8 avallable lor use al the discretion ol the Trustees in lurlherance ol the charitable objectives unless the funds have been designated lor olher purposes. Restricted funds are subj9cI lo specific ¢ondilion8 by donois as to how they may be used. Thg purpos8s and uses ol reslrict8d funds are sel out in the notes lo the a¢¢ount8. Fund 8ccountlng Unreslrl¢led funds ar8 avallable lor use at lh8 discretion ol the Trust888 in lurlherance ol the g8neral objeclives of the company and which have 01 been designal8d lor other purposes. Restricl8d funds are available lor use In ac¢ordanc8 with the objectives of th8 company held on trust lor specifi¢ purpos8S. Investment In¢ome, gains and losses ale allocated lo the appropriat8 fund. Intangible fixed ¥ssÈts other than goodwlll Idenliliable website d8V81opmeni expenditur8 is capita115ed lo Ihg gxlent that the technical, comtnercial and linan¢ial feasibility can be demonslraled. Amoilisalion is r8cogn15ed so as lo write off the ¢osl oi valuation of assets less th8ir residual values ov8r their useful lives on th8 following bases.. Websile D8velopment Cosls Over 3 years Tangible fixed assèts D8precialion is provided at the lollowlng annual rates in order to write off each asset over ils 9Stimal8d useful life. Short18asehold Straight line over the life ol th8 lease The gain 01 loss arising on the disposal of an ass81 is determined as Ihe difference belwgen lh8 sa18 proceeds and the carrying value of the asset, and is r8cognlsed in nel incomallexpèndllurel lor th8 year. Taxation Thè ¢harily is ex8rnpt from corporation lax on ils charllable a¢tivili8S. Flnancial inslTurnenl$ The ¢harily has elected lo apply Ihe provisions ol Section 11 'Basl¢ Financial Instrutnenls. and Seclion 12 '01hèr Financial Instruments Issues, of FRS 102 lo all ol its financial Instruments. Financial instruments ale recognised in the ¢harity's balance sheet when th& charlty becomes paity lo the ¢onlra¢lual provisions tsf the inslrum8nt. Finanelal asse18 and liabilities are o11sg1. with the net amounts pres8nled in the linan¢ial statetnents, when thgre 18 a 18gally enlorceable right to set oll the recognised amounts and there is an intention to s81118 on a nel basis or lo rea1is8 the a5sel and setll8 the liabi1Sly slmullaneou81y. Basic financial a$sets 8asic linan¢ial ass8ls, whl¢h Include d8blor8 and ¢ash and bank balances, are initially tneasured al Iransaclion pri¢e including Iransa¢iion cosls and ale subseqvenlly carri8d at amorlised cost using the elfe¢live inler8sl melhod unless the ariangemenl ¢onstilules a financing transaction, where lh& transaction is measured al lh8 present value of the future ie¢eipls discounled al a mark8t rale ol interest. Financial assets olassili9d as receivable wilhin one year ar8 not atnorllsed. Basic financial Ilablllties Basic financial Ilabililies, including creditors, are initially re¢ognlsed at transacllon piico unless th8 arrangemenl conslilules a financing Iransaclion, wher8 the debt insliumenl is m8asuied at the present valu8 of the lulure re¢eipts is¢ounled at a mark81 ratè ol interest. Financial Ilabililigs cSas8ilied as payable wilhin year are not amorlised. Page117
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJ8IHILLEL} Notes to th8 Flnanclal Slatements- contlnued tor the year ended 30 June 2021 Aceountlng pollcles- conllnuad Flnanclal Instruments Dgbt inslrumenls ar& subsequ8ntly carried al atnorllsed ¢081, uslng the efl8Ctive Interest rat8 melhod. Trade creditors are obligalions lo pay lor goods or servlces that have been acqulied in lh& ordinary couise ol operations from suppliers. Amounts payable are classilled as curr&nl liabililifys il paymenl is due wllhin on8 year or less. 11 not, they are presented as non-curienl liabilities. Trade cr8dilors are recogni5ed iniltally 81 Iiansaction prlce and subsequently m888ured al amoilised cosl u8ing the ellecliv8 Interest m&thod. Forelgn ¢urr&ncles Assets and liabilities in lorelgn ¢urr8ncles are Iranslatad Into st8rling at the rates ol exchang8 fuling al lh8 balance sheel dale. Transa¢lion8 in lorelgn ¢urr&ncies are Iran8laled Inlo $18rling at the ralg ol exohang8 ruling al the date ol Iransaclion. Ex¢hang8 dillerences ar8 taken inlo 8ccounl In arriving al the op8raling result. Penslon costs and other post-retlrem&nt beneflts The ¢harilable company operates a defined ¢onlribulion pension scheme. Conlributlons payable lo the ¢haritable company's pension s¢hem8 are ¢harg8d to the Slat8m8nl ol Financial Aetivilies in tho period to whlch Ihey r8late. Dlre¢t laxatlon As a charity the Company Is gen8rally exempl Irorn income and capllal gains tax, bul not from VAT. Irr0Verable VAT is includad In the cost ol those items to which It relates. Golng Concern The Trus18es have considered the effect of Covid-19 outbreak that conllnues to cause significant disruption to the charlly's op8ralions. The Tru818es have lak8ll 51eps to reduoe stall costs and exp8ndilure on charitable aclivilie5 and hava utilised th8 Coronavirus Job Flelenlion SchEme during the year. Th8 Truslees are sallslied that tha Charity has sufficient cash resources lo enable il to ¢on11nU8 operating lor at least the next 12 month8. ac¢ordingly, al the litlle ol approving the Ilnancial statements, the Trustees have a reasonable exp8ciailon that th8 ¢haiily has adequate resources to continue in operational exislenoe lor th8 foreseeab18 lulure. Thus th8 Trustees conllnue lo adopt the going ¢oncern basis ol a¢¢ounling In preparing the financial statements. Donations and legacles 2021 Total Ivnds 2020 Total funds Unrgstrlcted fund5 Restricted funds Donations and gifts Grants 465,512 8,641 175,B30 641,342 8.641 1.043,063 15,474 474,153 175,830 649.983 1,058,537 Included within unrestrict8d donations and gllls is 18oacy Income ol £NII12020.. £400,0001 received In the y@ar. Grants recelved, included In Ihg above, are as follows.. 2021 2020 Other grants 8,641 15,474 Pagel 18
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLEL Notes to the Flnanclal Stat8m8nt5 - contlnued for the year ended 30 June 2021 Income from charitable activities 2021 2020 A¢llvlty Charitable activities Charitable income 24,253 24,324 Raislng lunds Ralslng donalions and legacie5 2021 Total tunds 2020 Total lunds Unrèstrlcted funds Rgstrlcted funds Staff costs Staging lundraislng events 30,060 30,060 31.800 23.071 57,545 57,545 54,871 Charitable activities costs Grant funding ot actlvltl8s (see note 71 Dlrect Co$1$ (see note 61 Support costs (see note 81 Totals Charitable activities 327,694 58,500 75,199 461,393 Direct costs of charitable activities 2021 2020 Staff costs Jewish student centre expenses Leadership, developtnenl and Iraining Conferences and events Conferences and evenls Edu¢alional trips and aclivities Un1versily society funding ICT a1 l&leeommunicalions Other expenditure Israel Fellows Depreciation 206,280 33,761 37,000 1,756 23,423 3,025 5,709 6.663 5,873 2,988 1,216 281,449 76,479 39,600 2.268 51,132 28,444 8,710 7,923 17,130 64,721 5,049 327.694 582,905 Pagel 19
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Not85 to the Flnanclal Statements eontlnu8d lor the year ended 30 June 2021 Grants payable 2021 2020 Charilable activllles 58,500 56,250 Durlng the year, the enlily made welfare grants of £58,$0012020.' £56,250) to indlviduals. The charity has made use of the exernplions in¢luded in Charities SORP section 16.21 staling Ihal d8tails ol the reclpienl ol a grant are not required where granls are made lo individuals or where total gianls lo a parlkular inslilution ar8 not malerial in th8 context of inslilulional grants. Support costs Governance costs Other Totals Charilable activilies 75,199 75,199 Support costs, lrndud in the above, are as follows.. Other 2021 Charltable ¢tlvities 2020 Total a¢tivilies Repairs & ma1nlenance Printing, postage & stationery Bank charges Legal and prolessiond cosls Insurance IT expenses Telecc>mmunicalions Other expenses 786 4,120 1.273 26.925 12,198 17,172 12,658 67 281 1.412 3,347 10,128 11,08B 15,987 3,744 75,199 Governance costs 2021 Charllable actlvltles 2020 Total 8¢tlvities Auditors, remuneration Auditors, remLJneralion lor non audll work 13,950 4.950 18,900 Pagtr | 20
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Notes to the Flnancial Statements- continued for the year ended 30 Jun8 2021 Net incomel{expenditure) Net incom&llexpendilurel Is staled after chargingllcredilingl.. 2021 2020 Audit lees Other non-audil services Depreciation- owned assets Developmenl costs amortisallon 13,950 4,950 1,216 3,833 1.216 10. Trustees. remuneration and benefits There were no trusl885' iemuneraliDn ar oth8r benefits I the y8ar endd 30 June 2021 nor for the year ended 30 June 2020. Trustees. expenses Tru51ees expenses of E33212020.' £NIII was paid for the year endgd 30 Jun8 2021. 11. Staff costs 2021 2020 Waoes and salaries Social secLJrity Costs Other pension costs 214,364 15,682 6,294 273,959 30,619 8,671 236 340 313,249 Th8 key management P8rsonnel of the charity cornpri58 the Iruslees, th8 Executive DI1tOr and the Director ol Finance and Resources. Th8 total employee benefits of the key managem8nt por50nnel ol the charily were £86,97912020.. E85,9621. The averag8 monthly number of employees during th& y88r was as follows.. 2021 2020 Charitable, adminSslration & lundraislng The numb8r ol employees whos8 8tnployee benefits (excluding employer pension costs) exceeded £60,000 wa5.. 2021 2020 £60,001- £70,000 Page121
'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI Notes lo the Flnanclal Statements- contlnued for the year 8nded 30 June 2021 12. Comparatives for the slatement of financlal activities Unrestricted fund Beslrlcted fund Total funds Inoome and endowments from Donalions and legaoes 887,503 171.034 1,058,537 Charilable activi11o$ Charitable activities 24,324 24,324 Total 911,827 171,034 1.082,861 Expendllure on Raising lund5 54.871 54.871 Charitable a¢tlvltles Charitable acllvilies 513,583 198,312 711,895 Total 568,454 198.312 766,766 NET INCOMEIIEXPENDITUREI 343,373 1272781 316,095 Rgconciliation of funds Total funds brought forward 628,413 137.928 766.341 Total funds carrled forward 971,786 110,650 1,082,436 13. Intangible fixed assels Development coslg Cost Al 1 July 2020 and 30 June 2021 15.332 Amortisation At 1 July 2020 and 30 June 2021 15,332 Nat book value AI 30 JLJne 2021 At 30 June 2020 Not88 lo the Flnan¢lal Statements conllnued for the year end8d 30 Page | 22
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI June 2021 14. Tangible fixed assets Short leasehold Cost Al 1 July 2020 Dlsposals 177,577 134,6771 At 30 June 2021 42,900 D8precialion Al l July 2020 Charge for year Eliminated on disposal 173,128 1,216 134,6771 AI 30 June 2021 Net book value At 30 June 2021 3,233 At 30 June 2020 4,449 15. Fixed assel Investments 2021 2020 Shares LoarTrs 517 175 517.175 517,176 517,176 Investments in subsldlaries Maiket value At 1 July 2020 and 30 June 2021 Net book value AI 30 June 2021 AI 30 June 2020 Loans to g¥oup underlaking$ AI 1 JLJIY 2020 and 30 June 2021 517.17S Therg w8r8 no Investment assets outsid8 th8 UK. The company's investments al the balance sh8et date in the share oapital of companies incSud8 the following.. Page123
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Notes to the Flnanclal Statements - contlnued lor the year ended 30 June 2021 15. Flxed assel investments- continued Unlon ol Jewish Students Llmltèd Registered ol[e.. New Dgrw8nl House, 69-73 Theobalds Road, London, WC1X 8TA Nature ol business.. Dormant Class of share: Ordinary holding 100 2021 2020 Aggregatg capital and reserves Th& Yorkshlre and Humberside B'nal B'rlth Hlll81 Foundation Incled in fixed as881 inv8slments is £517,175 which relates to that part ol the relurbkshmenl costs advanced by the charity lor the Hillel House in L88ds, a properly owned by The York8hir8 and Hutnberside B'nal B'rith Hillel Foundatlon. As agreed by the truste*, a legal d88d dated th June 2017 was signed expr&ssing the viewthal il the Hillel House was to be 501d at some lulure lime, an amount 8qual to the amount ol Ihe refurbishment costs shall be paid by The Yorkshir8 and Humberside B'nai B'rith Hi1181 Foundalion 10 B'nai B'rilh Hillel Fwndation, subject to The Yorkshire and Hutnbe151de B'nai 8'rilh Hillel Foundalion relaining such proportion ol the nel sale proceeds ol the properly as may be requir8d in order lo rnainlain adequate provision lor the Jewish students in Leeds al that lime. Notwithstanding this, B'nai B'rith Hi1181 Foundation continues to linancially support Jish students In Leeds in terms ol th8ir activilies, spaces lo hold th8ir activitie5 and the provision ol kosh8r food. 16. Debtors: amounts falling due within one year 2021 2020 Other debtors Prepayments and accrued income 1,251 672 6,471 29,474 1,923 35,945 17. Creditors: amounts falling due within one year 2021 2020 Trade creditors Social security and other taxes Arnounts owed lo subsidiary Ljnderkkings Other creditors Accruals and deferred Income 17.099 6.421 24,958 4,987 775 29,050 36,330 66,276 Notes to the Flnanclal Stat8mentS - Contlnued for th8 year ended 30 June 2021 Page124
'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI 18. Leasing agreemenls Al the reporling end dale the charity had outstanding ¢ommilmenls lor future minimum lease payments under non- cancellable operating leases, which fall due as follows.. 2021 2020 Within one year Between two and five years 11,000 11.000 19. Analysis of net assets between funds 2021 Total funds 2020 Total funds Unrostrleted fund R8strlcl&d tund Fixed assets Investments Current assets Currenl liabilities 3,233 517,176 555,901 53 346) 3,233 517,176 770,671 53 3461 4.449 517.176 627,087 66,2761 214,770 1,022,964 214.770 1,237.734 1,082,436 Restrlctod lund8 Balance as al 1 JLJIY 2020 Balance as at 30 June 2021 Ineome Expendilure He5kel Setly 28 campu5 proje¢l1151ael Fellows) Fleal deal atDnyFnou5 lunder Welfare fund AJAIUJS UJIA funding R6ading Klngs college 3,000 51,432 1,753 13,0001 12,9881 48,367 96,811 1,753 56,250 68,714 156,2501 17,2231 49,401 5,064 110,892 5,064 250 250 110,650 173,581 69.461 214,770 H&%k81 Selly- To support'financially n88dy stud8nts' Wellare Fund AJAIWS-This is a partnership with the Anglo-Jewish As$ttiatlDn lo provide assi$tan¢e lor students experiencing linan¢ial hardshlp. JTS W8llare Grant- JTS provide assislancewith accommodation costs lorstud8nls who cannot afford Ihecosl of housing. JTS do not accept applications from individuals and work with UJS who apply on the stud8nls' behalves. UJIA funding - 75Ya ol this went to core UJS op8rations. 25% was targ8t8d al supporting our Isra81 Engag&m8nt programmes. These pragrammes provide educational expgriences that enab18 students to develop wrsonal and commilled relationships wilh Israel parl ol developing their Jewish idenlily. Rgal D&al Funder - a g8n8rous USA ba8ed charitabl& foundation supporting UJS to Provid8 educational 8XP8rionces ofl8ring an introduction lo Israel and an introduction lo th8 Isra81i- Pa1881inian conflict. Thes8 trips ar8 for studenls froffi a diverse range ol lailhs and cultures. 18ra81 F811ows This programme provid8s funds, sp8akers and r8sources to enab18 Jewish Society and Israd Swiety volunteers to run evgnts on Israeli hislory, cutture and society with stud8nts Irorn a wide rang8 of backgrourKls and failhs. Page125
B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLELI Note5 to the Flnanclal StHlements- conllnued for the year ended 30 June 2021 19. Analysis of net assets between funds- conlinued Readlng- Thes8 funds are ieslrlcted lor funding tIVitY by Reading J-soc or activty that supports Reading J-soc. 20. Movemenl In funds Net movement In funds At 117120 At 3016121 Unrestrlcted funds General lund 971,786 51,178 1,022,964 Restricted funds Restricted fund 110,650 104,120 214,770 TOTAL FUNDS 1082 436 155,298 1,237,734 Net rnov&m8llt in funds. includ8d in the above are as follows.. Incoming r8sources Resources 8xp&nded Movement in lunds Unrestricted funds General fund 498,406 1447,2281 51,178 Restrlcted funds Restricted fund 175,830 171,7101 104,120 TOTAL FUNDS 674 236 518.9381 155.298 Comparatlve5 for movement In funds Ngt movement In funds Al 117119 At 3016120 Unre$lrlcled lunds General fund 628,413 343,373 971.786 Restrlcled funds Reslrlcled fund 137,928 127,2781 110,650 TOTAL FUNDS 766.341 316,095 1,082,436 Page126
B'NAI B'RITH HILLEL FOUNDATION IALSO KNOWN AS UJSIHILLELI Notes to the Flnanolal Statement5- contlnued lor the year ended 30 June 2021 20. Movement In funds- continued Comparative nel movement in funds, induded In the above are as follows.. Incomlng resourcès Resources expended Movèment In funds Unrestrlclod lunds General fund 911,827 1568,4541 343.373 Restricted funds Reslricted fund 171,034 1198,3121 127,2781 TOTAL FUNDS 1.082,861 766.7661 316,095 A Current year 12 months and prior year 12 months combined position as follows.. Nel movement In lunds At 117119 At 3016121 Unrestricted funds General fund 628,413 394.551 1,022,964 Reslricted funds Reslrictecl fund 137,928 76.842 214,770 TOTAL FUNDS 766,341 471,393 1.237,734 A current year 12 months and prior year 12 months combin8d nel movement in funds, included in the above are as follows.. Incoming r8sources Resources expended Movement in funds Unrestrlcted funds General fund 1.410.233 11,015,682) 394,551 Restricted funds Reslricled fund 346,864 1270,0221 76.842 TOTAL FUNDS 1,757.097 11.285,7041 471.393 21. Related party dlsclosures 8'nai 8'rilh Hillel Foundation shares ¢ommon trustees with The Yoikshirg and Humber5ide 8'nai B'rith Hillgl Foundation. During the year. th8 Foundation incurred exp8nses totallro £nil12020.. £nill on behalf tsl The Yorkshir8 and Humberside B'nai B'rith Hlllel Foundation with respect to properly hold by the related paily. Please refer to note 13 for details related to expenclilure al Ihe Hi1181 House in Leeds. The balance of £517,17512020'. £517.1751, representing the relurbi8hmenl costs IrKurred in prior years. Is Included in inv8stmenls at the year ènd. Please r8f8r to note 15 for delails of th8 recoverability of this balance. During the yr trust88s wnade donations t(laling £2,67512020.' £8,350). Page | 27