B'nai B'rith Hillel Foundation Union of Jewish Students Report of the Trustees and Unaudited Financial Statements For the year Ended 30 June 2022 •.1919 R￿15t￿ed(yXrp2nYDVrn￿ R￿ls1￿8dC￿arifyN￿rntr￿[ 31W3 (B'nai B'rith Hillel Foundation) **Contents of the Financial Statements for the year ended 30 June 2022** ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ||**Page**| |---|---| |**Reference and Administrative Details**|| |**President's Statement**|**2**| |**Report of the Trustees**|3to14| |**Independent Examiner's Repor**|15| |**Statement of Financial Activities**|16| |**Balance Sheet**|17| |**Cash Flow Statement**|18| |**Notes to the Cash Flow Statement**|19| |**Notes to the Financial Statements**|**20**to31| Trustees, Report and Statutory Accounts for the year ended 30/06/2022 'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLELI LEGALAND ADMINISTRATIVE INFORMATION Trustees: M 8arnett C R Bogush D EJ Dangoor SW Debson ECDwek J Flatk5 N Freedman UIS President lappolnted ty712021. re￿gned 3016120221 L Goldberg T M L Kunin (appointed in12021, resigned 819120221 H Aose A Rosè M J Simmon5 P Summerfreld J Rosen lappointed 117120221 Edward Isaacs (appointed 819120221 Charlty Number: 313503 Company Numbèr. J546659 Re8lstered Office: New Derwent House 69-73 Theobalds Road London WCIX 8TA Independent Examlner: Haines Watts London LLP New Derwent House 69-73 Theobalds Road London WCIX 8TA BankerL' Lloyds TSB Edgware Commercial Cèntre 105-109 5tstfon Road Edgware Middlesex HA8 7JL Pa￿1 UJS UNION OF JEWISH STUDENTS From the UJS President the year 8heAd. which will bring tremendous opportunities for UJS. Having reconnected with Jewl8h studènts acr088 the UK 8nd Iroland in the wake of th8 pandemic l am inspired by the increa80 in ang8gam•nt with UJS and our Jso Wo have seen sustainable growth in Scotland and Ireland and welcomed saveral now Jewish societies into our national student communty already. This includes Cork Jsoc in Iraland at which thirty p￿p1a attended a Succot 8vont shortly after the society was founded. Our sabbatical t88m are proud lo be reviving somg of the bost programmes and events fvom UJS history including tlw"JownNersity Challengo" quiz show that brings drffarentJSo¢8 together. theJewish student joumal"Alfrph"that is back in print aftera kw docadas in hib9rnation and tho"Loswn$ from Auschwitz- Unrrforsities" projtsxt which this yearwill brin9 hundrad$ of uniwrsity lead¢rs to the concentration camp as part of an 8ducational initiative to educate about Contemporary and historical antisemitism Ourteam are also working on now pmjects Ir￿l￿dIng Wsix our flagship stxth from progrnmmo. shabbatonim bringing regional JSrKs together, numerou$ speakers tour8 and sports programming thatoffors a new entryway into Jewish lifo on ¢ampu$. It 1$ an incredib Privi￿98 to lead WS into 2023.1'm ¢onstantly anergised by my vi$it$ to campuses which bring home to ma tha praciou$ nature ofJewish student activty. l am proud toload a team. and union th8t will have a truly si9nrficant impact this year- one that will be felt for many years tocome. Joel Rosen, UJS President 2022123 Pago2 . UNION OF JEWISH From the Trustees The UJS Trustees are as proud as ever to be enabling the student leader5hlp of our entlre jewish community. Thi5 is a role we Continue to believe in with vigour and continue to be inspired by each and every student and student leader we have the pleasure of working with and for. With almost 9,Th)O Jewish students at university, the need fw UJS is clear, now more than ever before. Whether it is creatin8 a home away from home by supporttng every Isoc event on campus, or by tKoviding spaces for Jewish students to spend time together, or supporting Friday Night dinners, or speaker tours, or trips to Israel and Europe. or our game-ch3ngin8 antfsemitlsm awarene5S trainin8 reathin8 nearly 2,500 campus staff and leaders. As Trustees we are proudly embracin8 the challen8e put before us-5ecurin8 the future of this vital or8anisation to ensure generations of future leadership for the jewish community. In summer 2022 UIS launched a Mèw 3 year strategy. The strategy, developed by Trustee5 in consultatton with staff and students. laid out exactly where UIS is now, and where we will seek to be. It covered foLtr primary and three addittonal priorlties for the organisation: Strenqthen Ujs'wovlslon olservlces ond reputotlon on compus wlth Jewlsh students undjewlshsodelles,. Create a pathway from Slxth Forn? to unlverslty by ￿￿rkIng wlth school Jewlsh socletlts ond Jewlsh schools to en511re thut UJS1s a Presen￿ before the sixthfomiers orrfve on campus., Engage UJS qlumnl In order to grow robust support fvr Jewtsh students and UJS through networks to support emplgymentaftergrnduqdon ondincre05e ow donor ba5e.' Secure long tenn ondsustalnttblefvndingfvrthefvture VAUJS by the endol2025." Intreuse the UJ5 stuff teiun on I￿th the subb(rtlcalqndpem7unent51de to supportlncrecse5 In adlvlty.. ii. Enoble physkul. dlglto4 ond hybrld spotes wfthln whl¢h students (kfine thelr own JudalTh ond cort￿ out thelr own pothls wlthln ojewlsh ¢ommunlty they canftel comfvrtoble In,. Contlnue to Increase andexpandour Israel engogement wlth o clewlocus on trlps (mdedu¢ollonul landlmmersfve experlences. You will see from thls re￿eW of the year that Jewlsh student Ilfe Is th￿VIng and, with the generous support and assistance of our donor5 and patrons, UIS continues to be at the forefront of this life, making a significant and tangible difference to every part of Jewish life in the UK and Ireland. Paul Summerfleld joel Rosen Chair of Trustees UIS President 2022123 UJS UNION OF JEWISH STUDENTS TRUSTEES, REPORT: REFERENCE AND ADMINISTRATIVE INFORMATION The Trustees present their report together with the financSal ststements of B'nab B'rbth Hillel Foundation 1.the Charitsble Compan¢ or.the Chariv) for the year ended 30 lune 2022. The accounts have been prepared in accordance with the Charivs Memorandum and Articles of Association and the accounting policies set out in note I to the accounts and comply wlth the small ¢ompany regime (Section 4771 of the Companies Act 2006, the Charities Act 2011 and Accountrng and Reportin8 by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts In accordance with the Financial Rep￿ng Standard applicable in the UK and Republic of Ireland IFR51021 (effective l January 20191. B'nal B'rith Hillel Foundation is established as a charitable company limited by 8uarantee with company number l￿546659 and is a registered charity with the Charity Commission (No 3135031. The Charl￿5 affairs are governed by its Memorandum and Arhcles of Association which allows for any 3ctivits.es covered by the ChariVs objectives with no restrictfjons. The Charity is generally known as Union of Jewish Students IUISI. Its principal office is at Amelie House. 221 Golde15 Green Road, London, NWII 9DQ The Trustees, who are also Directors for the purpose of company law, and who served during the year were: Paul Summerheld Ichairl Mark Barnett Carolyn Bogush SPen￿r Debson Mitchell Simmons Adam Rose Hannah Rose Nina Freedman (appointed I july 2021, resigned 30 June 20221 Joel Rosen lappointed July 120221 Toby Kunln (appointed l July 2021, resigned 8 September 20221 Louise Goldberg Ivdith Flacks Elan8 Dwek Daniel Dan8oor Edward Isaacs lappolnted 8 September 20221 Outgolng UJS President, Nlni Freedman was reF4aced by ir￿0mlng UIS Presldent joel Rosen on l July 2022. Recrultlngl appolntlng and Inducdon of Trustee5 A new trustee may be nominated by a sitting trustee or proposed by a Senior Staff member. The nominee needs to be agreed by the Chair and ratified by the full Board. The induction process for any newly appointed trustee includes an in￿￿01 meetin8 With the Chair and the Board, together wlth meetin85 Wlth the Chief Executive on fundraisin& deployment of charitable resources, the grant making process, and powers and ￿spOnSibl11tieS of thè 8oard. PagÉ 4 UJS UNIONOF JEWISH STUDENTS FINANCIAL REVIEW Reserves Poli¢y In view of the historic deficit in previous years, the Trustees conslder it necessary to retaln existtng reserves amounting to at lezst 6 months expenditure in order to maintain and further develop the current levels of charitable actlvitles. The Trustees aim to achieve this by judicious management of resources. In addition, as reported previously. the Trustees have increased the effectiveness of the fundraising activity of the charity with the objective of increasing the reserves. The total funds held by the charity at 30 June 2022 are £1,243,92312021.. £1,237,734), of which £106,24112021: £214,770) are restricted funds and £1.137,68212021- £1,022,964) unrestritted funds available for the general purposes of the charity. This 15 consistent with the above policy. Results The results for the year. as shown in the Statement of Financial Activities on page 16, show a surplus of £6,189 12021- surplus £155.2981. In recent years strenuous efforts were made to reduce and eliminate year on year deficits. Given the ongoin8 impacts of COVID, the Charity originally made a provision for a deficit in 2021-22 if necessary, In order to provlde an approprlate level of provislon for the students. In the event, careful control of expenditure, which nevertheless increased to reflert post-COVID related activity on campus. resulted in a small surplus. Total income fell to £666.83412021: £674,236), and donation income to £645,67612021.. £649,983). We have cononued our focus on Increased donatfons from trusts and foundadons. Total costs increased to £660,64512021- £518,936). as following COVID, activlties of the Charlty began to pick up as Indlcated in notes 4,5 and 6 to the financial statements. Details of changes in the fixed assets are shown in Note 13. 14 and 15 to the financial statements. In the balance sheet, net assets increased to £1,243.92312021.. £1,237,734) following the Small surplus enjoyed in the year. UJS UNION OF Pa￿5 JEWISH STUDENTS STRUCTURE, GOVERNANCE AND MANAGEMENT Or8antsatlonal Stwcture The Charity is administered by the Board of Trustees which is its governing body. The Board meets regularly to discuss and formulate policy whith is then Implemented by the professional team. Trustees are appointed to the Board in accordance with the Articles of Association. Pay and remuneration of the charit￿$ key management personnel is set each year by the Board of Trustees. The starknng salary was benchmarked considering the sector (similar communal charities. London Students, Unions and the National Union of Students). Pay increases are in line with expanding responsibilities and perfomance. Any increases are a150 considered alongside overall budget constraints. Relatlonshlp wlth Related Partles and Other Charltles The Charity has a relationship with the Yorkshire and Humberside B'nai B'rith Hillel Foundation. Rlsk Management- addltlonal conslderatlons Additional risks are identified. assessed and controls established. Consequently. the Trustees are satlsfled that the major risks identified have been mitigated. The principal risks and uncertainties that the Trustees see as facing the Charity are- Financial- the need to secure maintain and grow a consistent donor base from year to year. Succession wlth most of the team changlng each year, and our work reliant on annually changing volunteer5 nationally. the Trustees are keen to ensure that the senior leadership and strategic continuity of the charity is maintained to deliver impart. The Trustees, plans for manoiin8 those risks In¢lude". Financial - generally, the need to secure our existing donations and identify a small number of new major donors. Specifically. to manage and mlnimise the anticipated operational deficits that rnay arise in future year5. Succession - the Trustees and the CEO have in place a planned transition process that allows for training new staff and retentlon of senlor staff to ensure that at each transition the stability of the organisation is maintained and secured. ObJectlves and Acthiltles The oblectlves for whlch the Charity is establlshed are the promotion in general of the educational and religious welfare of Jewish students ordinarlly or tempornrily resident in the United Kingdom and Ireland. Airns of the Charlty The aims of the Charity are to provide cultural support for Jewish students and spates that will allow for this activity to take place. The aim5 also include the provision of offices. facilities and silPPOrt for the Union of Jewish Students of the United Kingdom and Ireland. Page 6 UJS UNIONOF JEWISH STUDENTS Publlc Benefit The Trustees have complied with section 4 of the Charities Art 2005 and have paid due regard to guidance published by the Charity Commisslon Sn declding what athvities the Charity should undertake. The trustees have given due consideration to the Charity Commission's published guidance on the Public Benefit requirement under the Charities Act 2011. The main activities undertaken to further the Charity's purposes for the publlc beneflt are: Fulff Iling our charitable objectives to promote the education and religious welfare of Jewish students. This Include5 facilitating access to kosher food and accommodation, 5UPPOrt for Sabbath and Jewish Festfval activity, and funds, speakers and materials for educational activities. This contribute5 to the equality, inclusion and diversity of the UK'S Hlgher Education sector. Developing community and civic volunteers who are engaged in activities to promote community cohesion, challenge stigma surrounding mental health, and connect Students with volunteerin8 for local communities. Engaging hundreds of student volunteers and thousands of students with work expanding understanding of ratism and promoting positive alternatives to sometlmes divisive issues on campus and within society. Objectlves forthe Year Ahead The objectives for the year ahead and beyond are to continue it5 commitment to Jewish student life att055 the UK and Ireland bv.. Equipplng Jewish students to deliver a greater amount and range of peer-led and high-quality Jewish education, Including social athon and volunteering, insplred by Jewish value5. Enabling and empowering more Jewish students to take active roles within their local and national student unions. and through Interfaith artlvity and Social change projert, thus contrlbuttng to diverse and inclusive campus communities. Working with local communities, unlversity authorities and specific philanthropists to provide efficient and sustainable access to kosher and safe spaces for Jewish students and Jewish activity. This is our contribution to enabling campus communities to cater to diverse students. Further increasing our digital footprint and reach. Strategles for Achieving Objertives The Charity's strategy for achievlng these objectives 15 to continue to.. Promote student welfare and advance their interests national￿ and on campus. Create and deliver powerful campaigns: fighting prejudice that targets jewish people and other minorities advanclng the inclusion of Jewish people within wider soclety and of marginalised groups within our Jewish community and inspiring education and action on the issues that matter to us. Locally, natlonally and internationally, run diverse and dynamit programmes facilitate access to kosher food and accommodation proudly and passionately engage with Israel Initiate inspiring interfaith projects and spearhead ènd support social action itikkun olaml. Invest further in our digital output, P4É7 UJS UNION OF JEWISH STUDENTS Our Impact new students joined UJS n•*V Jsocs rai8ed to directly - support Jewish campus life 1,000+ Friday Night meals provided with funding from UJS comrn8nts. Ilkes and shares across our ￿la1 media platforms rnsidential o10¢ti 350 300+ 100+ participants in thè UJS conference attendees at Ihe UICS largest cro6s<(xnmunal student shabbalon rnotions submitted to the UJS Conferenco 50+ 40+ students nominated for aw8rd$ at the UJS Student Awards visits to campuses in Wales. Ireland, Northern Ireland and Scotland uJs' rikTd( channel was launched Pay&8 Our Work Pizza in the Park Bringing ftoarly 100 $tudent8 t￿ether to launch the y￿r and r•¢onn•ct aftor tho Isolation ot COVID. Antisemitism awareness weeks Throu9h stall8. tslks and w•n*y, ral•iftg awarnne$s amongsi tho wider Student populatton about the history and impA¢t of anti8emhi8m on ¢ampu8 Supporting Jewish Students Conference A conferon¢g of Kaderniw Vl¢• Chancellors and welhre Btaff were brought togelhar by UJS to I￿rn about Jewish sludent life, hoar from a panel of Jewish $tud•n16, and 4Jnd•rstand the day-to-day oxporionces of students on iheir campu8•¥. Page 9 UJS Convention R￿launChed g n#tlonBI weekend of learning¥ Jowi8h cros￿0Mmun81i6rn 8nd community bulkling ¢01ebration8 In thg ¢8ntrn of the ¢ouTrtry. Studonts frorn nearly 9very JSo¢ attgnded thg w•oknnd whore thoy heard from 8XCOPtianal speakers. had peer4ed 8e$8ion$ and Colobratsd thir Judaism logather in evgry arKI whiehaver way cho80. Chanukah on Ice Workin9 With our London JSoc8, Chanukah on s8W a sol1￿ut Crowd with a lengthy waiting list! Moro than 100 L*￿dOn 6*udents cama towhar to skato, oat doughnuts and cglebrats Chanukah acros8 Lcndon Jewish Societig8. UJS Policy Conference Wrth more than 100 pollcl05 to debatè and discuss, and more than 360 peoplo doing il, thi6 yoar's ¢onfgrencg was unlike any bgforfj. Ihtions from social 8¢tion, lo l$r801, to ZFoni8m, to LGBTQ+ rights, to fightin9 farjusti￿ and so much mor6 were discussod, dobatod And voted on in tho fir81 of its kind hybrid confor8n¢tt. VoicEOF HSTUDENTS Page 10 Uyghur Protest UJS led the community and tho worldwide student community in standing together with tho PorÈo¢ulod Uyghur minority in Chln8. From demon6tr8tion$, to htter writing campai9n8, to r•prosentation8 to Governmonts in tho UK and Europo. i V"ON¢' iJJc, Piece to Peace UJS r•lBunehad our R8ce to Pa8ee c8mpaign, hoBting $t•ll$ and gpgak8r$ 8¢roÈs tho country to engage a1161udent$, J0Wi8h and not. on thg pr￿Pects and hop0$ lor p•8 UJS Student Awards Wlth (wer 200 attondo68. mora than 20 award winnor6, esteomod UJS alumni and community leadgrs, th• evont wa a wonderful award8 evèning celobratin9 the exception81 work ol ¢>ur students across th8 UK and Ireland. Page11 Financial Review UJS has continued to slowly work its way back to the level of income we were able to project pr*pandemic. This year our income has once again surpassed our projections, and we continue to see success in our fundraising. no doubt due to the ongoing exceptional delivery and programming each UJS team has produced. Due to diligent spendingy UJS has bagn ablg to keep productivity high whilst ensurin9 spending is kept at a san$iblg1gvel without losing any qualtty. Tho pio chart bolow show$ the expenditure breakdown for 2021/22. Communieation, Training F*cUhlox Sfbd St4ffin9 36% Jowish Lifo. Enri¢hmant and Engagement 12% Studant Sorvi¢e$ and Spaces Fundraising Expenditure Breakdown for 2021/22 Israel Engagament 18% Leadership Development 5% Campai9ns 19Y. FPag8912 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees, who are a150 the directors of B'nai B'rith Hillel Foundatlon for the purpose of company law. are responslble for preparing the Report of the Trustee's and the financlal statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Prathcel. Company Law require5 the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the Incoming resources and application of resources. Includln8 the income and expenditure. of the Charitable Company for that year. In preparlng these financlal statements. the TrustÈes are required lo: selèct suttable accounting policies and then apply them consistently. observe the method5 and principle5 in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable UK Accountlng Standards have been followed. subject to any material departures disclosed and explained in the financial statements prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charlty will continue in operation, The Trustees are responsible for keeping adequate accounting records that dlsclose wlth reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable step5 for the prevention and detection of fraud and other Irregularities. Page 13 UJS UNION OF JEWISH STUDENTS ## **TRUSTEES' REPORT: LOOKING AHEAD-COMPLIANCE** ## **Fundraising compliance** The Charity is committed to best practice, as outlined by the Fundraising Regulator, in its approach to fundraising, No professional fundraisers are used by the charity. ## **Disclosure of information to the Independent Examiners** Each of the Trustees has confirmed that there is no information of which they are aware, but of which the auditors are unaware, which is relevant to the Independent Examination. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the Independent Examiners are aware of such information. This report was approved by the Trustees on 27 March 2023 and signed their behalf by: Spencer Debson (Treasurer) Page 14 ## **Independent Examiner's Report to the Trustees of B'Nal B'rlth HIiiei Foundation (Also known as UJS/Hlllel)** ## **Independent examiner's report to the trustees of B'Nal B'rlth HIiiei Foundation (Also known as UJS/Hlllel)** I report to the Charity trustees on my examination of the accounts of B'nai B'rith Hillel Foundation (''the Charitable Company" or ''the Charity") for the year ended 30 June 2022. ## **Responslblllties and basis of report** As the Charity's trustees of the Charitable Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACCA which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Daley Tyndale FCCA Haines Watts Chartered Accountants New Derwent House 69-73 Theobalds Road London WC1X 8TA Date: ..... .. . ..[J] **. .** 1.3 J. ;:? t9�'-:[3;. ] Page 15 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Statement of Financial Activities for the year ended 30 June 2022** |**Income and endowents from**
Donations and legacies
**Charitable activities**
Charitable activities
Other income
**Total**
**Expenditure on**
Raising funds
**Charitable activities**
Charitable activities
**Total**
**NET INCOME/(EXPENDITURE)**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
**Unrestricted**
**fund**
**Notes**
**£**
2
635,676
3
20,414
744
656,834
4
68,935
5
473,181
542,116
114,718
1,022,964
1,137,682|**Restricted**
**fund**
**£**
10,000
10,000
118,529
118,529
(108,529)
214,770
106,241|**2022**
**Total**
**funds**
**£**
645,676
20,414
744
666,834
68,935
591,710
660,645
6,189
1,237,734
1,243,923|**2021**
**Total**
**funds**
**£**
649,983
24,253
674,236
57,545
461,393
518,938
155,298
1,082,436
1,237,734| |---|---|---|---| The notes form part of these financial statements Page 16 ## **B'NAI B'RITH HILLEL FOUNDATION ([ALSO KNOWN AS UJS/HILLEL] ) ([REGISTERED NUMBER: 00546659] )** ## **Balance Sheet 30 June 2022** |**Fixed assets**
Tangible assets
Investments
**Current assets**
Debtors
Cash at bank
**Creditors**
Amounts falling due within one year
**Net current assets**
**Total assets less current llabllltles**
**NET ASSETS**
**Funds**
Unrestricted funds
Restricted funds
**Total funds**
**Notes**
14
15
16
17
19||**2022**
2,017
517,176
519,193
99,544
671,879
771,423
(46,693)
724,730
1,243,923
1,243,923|**2021**
**£**
3,233
517,176
520,409
1,923
768,748
770,671
(53,346)
717,325
1,237,734
1,237,734
1,022,964
214,770
1,237,734| |---|---|---|---| ||||| ||||| ||||| ||||| |||1,137,682
106,241
1,243,923|| ||||| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The financial statements were approved by the Board of Trustees and authorised for issue on 27 March 2023 and were signed on its behalf by: SW Debson - Trustee The notes form part of these financial statements Page 17 **B'NAI** B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL) ## **Cash Flow Statement for the year ended 30 June 2022** |**Cash flows from operating activities**
Cash generated from operations
**Notes**
Net cash (used in)/provided by operating activities
**Cash flows from Investing activities**
Sale of tangible fixed assets
Net cash provided by investing activities
**Change In cash and cash equivalents In**
**the reporting priod**
**Cash and cash equivalents at the**
**beginning of the reporing period**
**Cash and cash equivalents at the end of**
**the reporting priod**|**2022**
**£**
(97,613)
(97,613)
744
744
(96,869)
768,748
671,879||**2021**
**£**
177,606
177,606
177,606
591,142
768,748| |---|---|---|---| ||||| ||||| The notes form part of these financial statements Page 18 ## **B'NAI** B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL) Notes to the Cash Flow Statement for the year ended 30 June 2022 |**1.**|**Reconciliation of net income to net cash flow from operating activities**|**Reconciliation of net income to net cash flow from operating activities**||| |---|---|---|---|---| ||||**2022**|**2021**| ||||**£**|**£**| ||**Net Income for the reporting period (as per the Statement of Financial**|||| ||**Activities)**||6,189|155,298| ||**Adjustments for:**|||| ||Depreciation charges||1,216|1,216| ||Profit on disposal of fixed assets||(744)|| ||(lncrease)/decrease in debtors
Decrease in creditors||{97,621)
(6,653)|34,022
(2,930)| ||**Net cash (used in)/provided by operations**||(97,613)|177,606| |2.|**Analysis of changes in net funds**|||| |||**At 1/7/21**|**Cash flow**|**At 30/6/22**| |||**£**|**£**|**£**| ||**Net cash**|||| ||Cash at bank|768,748|(96,869)|671,879| |||768,748|(96,869)|671,879| ||**Total**|768,748|(96,869)|671,879| The notes form part of these financial statements Page 19 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements for the year ended 30 June 2022** ## **1. Accounting policies** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. The financial statement are prepared in sterling (£), which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. ## **Critical accounting judgements and key sources of estimation uncertainty** In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. In the opinion of the Trustees, there are no critical accounting estimates and judgements which require disclosure. ## **Incoming resources** Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance condition require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised on a regular basis. Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. ## **Resources expended** All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of resources. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out at Head Office. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements. Page 20 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Flnanclal Statements • continued for the year ended 30 June 2022** ## **1. Accounting pollcles - continued** ## **Resources expended** Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Government grants** Government grants, which include amounts received under the Coronavirus Job Retention Scheme, are recognised at the fair value of the grant received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. The income is recognised in other income on a systematic basis over the periods in which the associated costs are incurred, using the accrual model. ## **Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of restricted funds are set out in the notes to the accounts. Investment income, gains and losses are allocated to the appropriate fund. ## **Intangible fixed assets other than goodwill** Identifiable website development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated. Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Website Development Costs ## Over 3 years ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Short leasehold Straight line over the life of the original lease The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year. ## **Taxation** The Charity is exempt from corporation tax on its charitable activities. ## **Flnanclal Instruments** The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's Balance Sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic flnanclal assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Page 21 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **1. Accounting policies - continued** ## **Financial Instruments - continued** ## **Basic financial llabllitles** Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **Foreign currencies** Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. ## **Pension costs and other post-retirement benefits** The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. The Charitable Company operates a defined contribution pension scheme. Contributions payable to the Charitable Company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **Direct taxation** As a charity the company is generally exempt from income and capital gains tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. ## **Going concern** The Trustees have considered the effect of current economic conditions that continue to cause significant disruption to the Charity's operations. The Trustees have taken steps to reduce staff costs and expenditure on charitable activities and have utilised the Coronavirus Job Retention Scheme during the year. The Trustees are satisfied that the Charity has sufficient cash resources to enable it to continue operating for at least the next 12 months. Accordingly, at the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Page 22 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **2. Donations and legacies** |Donations and gifts
Grants
Other income|**Unrestricted**
**funds**
**£**
483,515
20,414
744
504,673|**Restricted**
**funds**
**£**
162,161
162,161|**2022 Total**
**2021 Total**
**funds**
**funds**
**£**
**£**
645,676
649,983
20,414
24,253
744
666,834
674,236| |---|---|---|---| ## **3. Income from charitable activities** |||||**2022**|**2021**| |---|---|---|---|---|---| |||**Activity**||**£**|**£**| ||Charitable income|Charitable activities||20,414|24,253| |**4.**|**Raising funds**||||| ||**Raising donations and legacies**||||| |||||**2022**|**2021**| |||**Unrestricted**|**Restricted**|**Total**|**Total**| |||**funds**|**funds**|**funds**|**funds**| |||**£**|**£**|**£**|**£**| ||Staff costs|33,532||33,532|30,060| ||Staging fundraising events|35,403||35,403|27,485| |||68,935||68,935|57,545| |**5.**|**Charitable activities costs**||||| ||||**Grant**||| ||||**funding of**||| |||**Direct**
**Costs (see**|**activities**
**(see note**|**Support**
**costs (se**|| |||**note 6)**|7)|**note 8)**|**Totals**| |||**£**|**£**|**£**|**£**| ||Charitable activities|491,667|53,295|46,748|591,710| |**6.**|**Direct costs of charitable activities**||||| |||||**2022**|**2021**| |||||**£**|**£**| ||Staff costs|||273,223|206,280| ||Jewish student centre expenses|||44,583|33,761| ||Leadership, development and|training||26,422|37,000| ||Conferences and events||||1,756| ||Conferences and events|||100,131|23,423| ||Educational trips and activities|||3,875|3,025| ||University society funding|||13,351|5,709| ||ICT and telecommunications|||5,129|6,663| ||Other expenditure|||18,453|5,873| ||Israel Fellows|||5,284|2,988| ||Depreciation|||1,216|1,216| |||||491,667|327,694| Page 23 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **7. Grants payable** |Charitable activities
The total grants paid to institutions during the year was as follows:
Welfare grant|**2022**
**£**
53,295
**2022**
**£**
53,295|**2021**
**£**
58,500
**2021**
**£**
58,500| |---|---|---| ## During the year, the entity made welfare grants of £53,295 (2021: £58,500) to individuals. The Charity has made use of the exemptions included in Charities SORP section 16.21 stating that details of the recipient of a grant are not required where grants are made to individuals or where total grants to a particular institution are not material in the context of institutional grants. ## **8. Support costs** |Charitable activities
Support costs, included in the above, are as follows:
**Other**
Repairs & maintenance
Printing, postage & stationery
Bank charges
Legal and professional costs
Insurance
IT expenses
Telecommunications
Other expenses
**Governance costs**
Accountancy and legal fees|**Governance**
**Other**
**costs**
**Totals**
**£**
**£**
**£**
38,589
8,159
46,748
**2022**
**2021**
**Charitable**
**Total**
**activities**
**activities**
**£**
**£**
707
786
1,921
4,120
4,060
1,273
605
515
10,800
12,198
11,276
17,172
8,733
12,658
487
67
38,589
48,789
**2022**
**2021**
**Charitable**
**Total**
**activities**
**activities**
**£**
**£**
8,159
26,410| |---|---| Page 24 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Flnancial Statements • continued for the year ended 30 June 2022** ## **9. Net income/(expendlture)** Net income/(expenditure) is stated after charging/(crediting): ||**2022**|**2021**| |---|---|---| ||£|£| |Depreciation - Owned assets|608|1,216| |Surplus on disposals of fixed assets|====(7=4=4)|=====| ## **10. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021. ## **Trustees' expenses** Trustees expenses of £835 (2021: £Nil) was paid for the year ended 30 June 2022. ## **11. Staff costs** |**Staf costs**||| |---|---|---| ||**2022**|**2021**| ||**£**|**£**| |Wages and salaries|273,661|214,364| |Social security costs|26,320|15,682| |Other pension costs|6,774|6,294| ||306,755|236,340| The key management personnel of the charity comprise the Trustees, CEO and Finance Manager. The total employee benefits of the key management personnel of the charity were £82,710 (2021: £86,979). The average monthly number of employees during the year was as follows: ## **12.** |||**2022**|**2021**| |---|---|---|---| |Charitable, administration & fundraising||10|8
=| |No employees received emoluments in excess of £60,000.|||| |**Comparatives for the statement of financial activities**|||| ||**Unrestricted**|**Restricted**|**Total**| ||**fund**|**fund**|**funds**| ||**£**|**£**|**£**| |**Income and endowents from**|||| |Donations and legacies|474,153|175,830|649,983| |**Charitable activities**|||| |Charitable activities|24,253||24,253| |**Total**|498,406|175,830|674,236| |**Expenditure on**|||| |Raising funds|57,545||57,545| |**Charltable activities**|||| |Charitable activities|389,683|71,710|461,393| |**Total**|447,228|71,710|518,938| Page 25 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Flnanclal statements• continued for the year ended 30 June 2022** |**12.**
**Comparatives for the statement of financial activities - continued**
**NET INCOME**
**Reconclllatlon of funds**
Total funds brought forward
**Total funds carried forward**
**13.**
**Intangible fixed assets**
**Cost**
At 1 July 2021 and 30 June 2022
**Amorisation**
At 1 July 2021 and 30 June 2022
**Net book value**
At 30 June 2022
At 30 June 2021
**14.**
**Tangible fixed assets**
**Cost**
At 1 July 2021
Disposals
At 30 June 2022
**Depreciation**
At 1 July 2021
Charge for year
Eliminated on disposal
At 30 June 2022
**Net book value**
At 30 June 2022
At 30 June 2021
**Unrestricted**
**fund**
**£**
51,178
971,786
1,022,964|**Restricted**
**fund**
**£**
104,120
110,650
214,770
**Total**
**funds**
**£**
155,298
1,082,436
1,237,734
**Development**
**costs**
**£**
15,332
15,332
**Short**
**leasehold**
**£**
42,900
{17,950)
24,950
39,667
1,216
(17,950)
22,933
2,017
3,233| |---|---| ||| ||| Page 26 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **15. Fixed asset Investments** |Shares
Loans
**Market value**
At 1 July 2021 and 30 June 2022
**Net book value**
At 30 June 2022
At 30 June 2021
At 1 July 2021 and 30 June 2022|**2022**
£
1
517,175
517,176
**2021**
£
1
517,175
517,176
**Investments**
**In**
**subsidiaries**
£
**Loans to**
**group**
**undertakings**
£
517,175|**2021**
£
1
517,175| |---|---|---| |||517,176| There were no investment assets outside the UK. The Charitable Company's investments at the Balance Sheet date in the share capital of companies include the following: ## **Union of Jewish Students Limited** Registered office: New Derwent House, 69-73 Theobalds Road, London, WC1 X BTA Nature of business: Dormant |
Nature of business: Dormant|||| |---|---|---|---| ||%||| |**Class of share:**|**holding**||| |Ordinary|100||| |||**2022**|**2021**| |||£|£| |Aggregate capital and reserves||1|1| Aggregate capital and reserves ## **The Yorkshire and Humberside B'nal B'rith HIiiei Foundation** Included in fixed asset investments is £517,175 which relates to that part of the refurbishment costs advanced by the charity for the Hillel House in Leeds, a property owned by The Yorkshire and Humberside B'nai B'rith Hillel Foundation. As agreed by the Trustees, a legal deed dated 29th June 2017 was signed expressing the view that if the Hillel House was to be sold at some future time, an amount equal to the amount of the refurbishment costs shall be paid by The Yorkshire and Humberside B'nai B'rith Hillel Foundation to B'nai B'rith Hillel Foundation, subject to The Yorkshire and Humberside B'nai B'rith Hillel Foundation retaining such proportion of the net sale proceeds of the property as may be required in order to maintain adequate provision for the Jewish students in Leeds at that time. Notwithstanding this, B'nai B'rith Hillel Foundation continues to financially support Jewish students in Leeds in terms of their activities, spaces to hold their activities and the provision of kosher food. Page 27 ## **B'NAI** B'RITH HILLEL FOUNDATION **(ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **16. Debtors: amounts falling due within one year** |||||**2022**|**2021**| |---|---|---|---|---|---| |||||**£**|**£**| ||Other debtors|||1|1,251| ||Prepayments and accrued income|||99,543|672| |||||99,544|1,923| |**17.**|**Creditors: amounts falling due within one**|**year**|||| |||||**2022**|**2021**| |||||**£**|**£**| ||Trade creditors|||16,343|17,099| ||Social security and other taxes|||5,090|6,421| ||Amounts owed to subsidiary undertakings|||1|1| ||Other creditors|||11,602|775| ||Accruals and deferred income|||13,657|29,050| |||||46,693|53,346| |**18.**|**Analysis of net assets between funds**||||| |||||**2022**|**2021**| |||**Unrestricted**|**Restricted**|**Total**|**Total**| |||**fund**|**fund**|**funds**|**funds**| |||**£**|**£**|**£**|**£**| ||Fixed assets|2,017||2,017|3,233| ||Investments|517,176||517,176|517,176| ||Current assets|655,182|116,241|771,423|770,671| ||Current liabilities|(36,693)|(10,000)|(46,693)|(53,346)| |||1,137,682|106,241|1,243,923|1,237,734| Page 28 ## **B'NAI B'RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)** ## **Notes to the Financial Statements - continued for the year ended 30 June 2022** ## **18. Analysis of net assets between funds - continued** ## **Restricted funds** |28 campus project (Israel Fellows)
Real deal anonymous funder
UJIA funding
Reading
Kings college
Balance as at 1
July 2021
£
96,811
1,753
110,892
5,064
250
Income
£
10,000
-----
214,770
10,000
====|Expenditure
£
(5,884)
(1,753)
(110,892)
Balance as at
30 June 2022
£
100,927
5,064
250
(118,529)==10=6,241| |---|---| ||| UJIA funding - 75% of this went to core UJS operations, 25% was targeted at supporting our Israel Engagement programmes. These programmes provide educational experiences that enable Jewish students to develop personal and committed relationships with Israel as part of developing their Jewish identity. Real Deal Funder - a generous USA based charitable foundation is supporting UJS to provide educational experiences offering an introduction to Israel and an introduction to the Israeli- Palestinian conflict. These trips are for students from a diverse range of faiths and cultures. Israel Fellows - This programme provides funds, speakers and resources to enable Jewish Society and Israel Society volunteers to run events on Israeli history, culture and society with students from a wide range of backgrounds and faiths. Reading - These funds are restricted for funding activity by Reading J-Soc or activity that supports Reading J-Soc. ## **19. Movement in funds** |**Movement in funds**|||| |---|---|---|---| |||**Net**|| |||**movement**|| ||**At 1/7/21**|**in funds**|**At 30/6/22**| ||£|£|£| |**Unrestricted funds**|||| |General fund|1,022,964|114,718|1,137,682| |**Restricted funds**|||| |Restricted fund|214,770|(108,529)|106,241| |**TOTAL FUNDS**|1,237,734|6,189|1,243,923| Net movement in funds, included in the above are as follows: ||**Incoming**|**Resources**|**Movement**| |---|---|---|---| ||**resources**|**expended**|**in funds**| ||£|£|£| |**Unrestricted funds**|||| |General fund|656,834|(542,116)|114,718| |**Restricted funds**|||| |Restricted fund|10,000|(118,529)|(108,529)| |**TOTAL FUNDS**|666,834|(660,645)|6,189| Page 29 ## **B'NAI** B'RITH HILLEL FOUNDATION (ALSO **KNOWN AS** UJS/HILLEL) ## Notes to the Financial Statements - continued for the year ended 30 June 2022 ## **19. Movement In funds - continued** ## **Comparatives for movement In funds** |**Comparatives for movement In funds**|||| |---|---|---|---| |||**Net**|| |||**movement**|| ||**At 1/7/20**|**In funds**|**At 30/6/21**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|971,786|51,178|1,022,964| |**Restricted funds**|||| |Restricted fund|110,650|104,120|214,770| |**TOTAL FUNDS**|1,082,436|155,298|1,237,734| |Comparative net movement in funds, included in the above are as follows:|||| ||**Incoming**|**Resources**|**Movement**| ||**resources**|**expended**|**In funds**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|498,406|(447,228)|51,178| |**Restricted funds**|||| |Restricted fund|175,830|(71,710)|104,120| |**TOTAL FUNDS**|674,236|(518,938)|155,298| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||**Net**|| |||**movement**|| ||**At 1/7/20**|**In funds**|**At 30/6/22**| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |General fund|971,786|165,896|1,137,682| |**Restricted funds**|||| |Restricted fund|110,650|(4,409)|106,241| |**TOTAL FUNDS**|1,082,436|161,487|1,243,923| Page 30 B'NAI B'RJTH HILLEL FOUNDATION (ALSO KNOWN AS UJSIHILLEL) Noto9 to the Flnancl*l &atwn•nl¥- contlnued for the year onded 30 June 2022 19. Movemfjnl In lund$. contlnued A cUrr￿t yaar 12 months and prior year 12 rnonlhs cornbln&J net movemgnl In lund$ Induded in thè abcN8 ara as tollows.. Incomlng resources Ro8ources expended Movem•nl In funds Unrestrlcted funds General fund 1,155.240 1989,3441 165.896 ReStr1¢t￿ lund8 Restrict￿ fund 185.830 1190,2391 14.4091 TOTAL FUNDS 1,341,070 161,487 Related pwly dlsclosure9 B'nai B'rith Hillel Foundation shares common trustees wlh The Yorkshire and Humbgrslde B'nw B'rith Hillel Foundation. During Ihg year, the Foundation incurr&J 8XPgnses tolalling £nil 12021.. £nill on behalf of The Yorkshira ar￿ Humberside B'nai B'rith Hillel Foundation Mth raspecl lo prcperty held by the relat￿ paty. Plaase refer to note 13 lor d8talls r8lal&Y to expenditure at the Hillel House in Legjs. The bdance of £517.17512021.' £517,175), representing th8 refuriishrnent costs incurred in prior years, is included in inveslm8nts al tha year end. Please refer to notg IS lor details ol the recoveratilty of this ￿ancts. During the year trustees mad& donatiMs lotalling £1,35512021'. £2.6751- Page 31