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2024-06-30-accounts

REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

Leading, Defending, Enriching Jewish student life on and off Campus

Registered company number 00546659, registered charity number 313503 (B’nai B’rith Hillel Foundation)

Contents

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A year
in review
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A note from the CEO

Dear UJS Members, Supporters, and Friends,

As I prepare to step down as Chief Executive Officer of UJS, I am filled with immense gratitude and pride for all that we have achieved together. Leading UJS has been an extraordinary privilege, and I want to take this moment to reflect on the journey we have shared.

Over the years, UJS has continued to grow as the collective voice of Jewish students across the UK and Ireland. We have worked tirelessly to support and empower our members, ensuring that Jewish life on campus remains vibrant, resilient, and inclusive. Through leadership initiatives, advocacy, and cultural programming, we have strengthened our community in the face of challenges, celebrated our diverse identities, and built lasting partnerships.

As I prepare to step down as CEO of UJS, I am filled with immense gratitude and pride for all that we have achieved together.

This past year has been no exception. We have expanded our impact, responding to the needs of Jewish students with innovation and determination. From defending our rights on campus to creating new opportunities for engagement, we have reinforced our commitment to making a real difference in the lives of our students. None of this would have been possible without the dedication of our student leaders, the support of our partners, and the unwavering passion of those who believe in the mission of UJS.

As I take my next steps, I do so with confidence in the future of UJS. The strength of this organisation lies in its people – in the students who lead, advocate, and shape our community. I have no doubt that UJS will continue to grow, evolve, and thrive under new leadership.

Thank you for allowing me to serve as your CEO. It has been an honour to stand alongside you, and I look forward to seeing UJS continue to flourish in the years ahead.

Arieh Miller, UJS CEO

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Finance Data

UJS continues our growth in both income generation and expenditure with success seen in renewed fundraising efforts in the year 2023/24.

Our activity and delivery continues to grow, ensuring that we are able to deliver significant and funded activities for thousands of Jewish students annually. We have committed to using our reserves to continue to deliver sustainable programmes that are longlasting and far-reaching.

Our priority is to ensure that we are delivering future Jewish community life that is vibrant, well versed in community issues, and willing and eager to step up and step in to key roles of leadership.

Income Expediture

£1,300,000

£1,200,000 £1,100,000

£1,000,000

£900,000

£800,000

£700,000

£600,000

£500,000

£400,000

£300,000

£200,000

£100,000

2017/18

2018/19 2019/20

2020/21

2021/22

2022/23

2023/24

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Finance

Data

Our expenditure is entirely dedicated to benefitting Jewish students and, due to diligent spending, UJS has been able to keep productivity high, delivering exceptional events, development and support, whilst ensuring our expenses are kept to a sensible and sustainable level.

80%+

Expediture directly on supporting students

6% fundraising 10% office costs and admin

5% digital engagement

14% student support by sabbatical officers

15% Israel engagement

12% leadership development and JSoc Training

8% student spaces (e.g. Hillel House) 14% celebrating Jewish life on campus

16% campaigning and combating antisemitism

Scan to hear about the impact of UJS on Campus from the students we’ve helped.

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Making a difference in 2024-25

Leading

This year, UJS has continued to empower Jewish students to step into leadership roles across campuses in the UK and Ireland. We have expanded our leadership training programmes, equipping students with the skills and confidence to lead in their Jewish societies, and beyond. Our UJS Leadership Fellowship has brought students together with influential figures in politics, media, and the wider Jewish community, providing unparalleled opportunities for growth and networking.

We have also deepened our investment in student democracy, ensuring that Jewish students have the platforms and support they need to advocate for their interests. From our annual UJS Conference to our engagement with national student bodies, we have strengthened our role as the representative voice of Jewish students at every level.

Defending

In the face of increasing challenges, UJS has remained unwavering in our commitment to defending Jewish students and ensuring their safety and well-being. We have worked closely with universities, student unions, and government bodies to combat antisemitism on campus, advocating for stronger policies and more effective responses to incidents of hate.

Our partnerships with key organisations have enabled us to provide legal and emotional support to students facing discrimination, ensuring that no one has to stand alone. Through campaigns, workshops, and direct interventions, we have empowered Jewish students to challenge misinformation, stand up for their rights, and contribute to a more inclusive campus environment.

Enriching

Jewish life on campus continues to thrive thanks to the dedication and creativity of our student leaders. Over the past year, we have signed up more people than ever before, expanded our cultural, religious, and social programming, offering a diverse range of opportunities for students to engage with their Jewish identity. From vibrant Shabbat dinners to dynamic speaker events and educational trips, UJS has fostered an inclusive and welcoming community for students of all backgrounds.

Interfaith and cross-communal initiatives have also played a central role in our work, helping to build bridges between different student communities and promote dialogue on complex issues. By facilitating meaningful conversations and shared experiences, we have strengthened relationships and enriched campus life for all students.

As we look ahead, UJS remains committed to leading, defending, and enriching the experiences of Jewish students across the UK and Ireland, ensuring that they continue to thrive in every aspect of campus life.

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Trustees’ Report for the Year 2023-24

Reference and administrative details for the year ended 30 June 2024

Registered office

Trustees

Amélie House, Golders Green Road London NW11 9DQ

C R Bogush

D E J Dangoor

S W Debson

E C Dwek

J Flacks

Registered company number

L Goldberg

00546659

The Trustees of the Union of Jewish Students (UJS) are pleased to present the Annual Report and Financial Statements for the year ended 30 June 2024.

The accounts have been prepared in accordance with the Charity’s Memorandum and Articles of Association and the accounting policies set out in note 1 to the accounts and comply with the small company regime (Section 477) of the Companies Act 2006, the Chanties Act 2011 and 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 (FRS102) (effective I January 2019).

B’nai B’rith Hillel Foundation is established as a charitable company limited by guarantee with company number 00546659 and is a registered charity with the Charity Commission (No 313503).The Charity’s affairs are governed by its Memorandum and Articles of Association which allows for any activities covered by the Charity’s objectives with no restrictions. The Charity is generally known as Union of Jewish Students (UJS).Its principal office is at Amelia House, 221 Golders Green Road, London, NWII 9DQ.

Objectives and Activities

UJS continues to serve as the representative body for over 9,000 Jewish students across the UK and Ireland. Our mission remains steadfast: to lead, defend, and enrich Jewish student life, ensuring that every Jewish student can proudly express their identity, participate in campus life, and access a supportive community.

J Horn

H Rose

A Rose

M J Simmons Resigned 6/7/2023

P Summerfield Resigned 31/8/2023

A Bloch D Grabiner L Shulman H Haskel Resigned 30/06/2023

H Isaacs Appointed trustee 1/07/2024

E Isaacs Resigned 30/06/2024 S Berkoff Appointed 1/07/2024

Registered charity number

313503

Independent Auditor

Goldwins 75 Maygrove Road London NW6 2EG

Bankers

Lloyds TSB Edgware Commercial Centre 105-109 Station Road Edgware Middlesex HA8 7JL

Throughout the year, UJS has delivered a diverse and impactful programme of activities, spanning leadership development, advocacy, and cultural enrichment. From our flagship Leadership Fellowship to campus-based initiatives, we have provided students with the tools, confidence, and opportunities to shape their university experience and the wider community.

12 B’nai B’rith Hillel Foundation (Also known as UJS/Hillel) (Registered number: 00546659)

Report of the Trustees for the year ended 30 June 2024

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Report of the Trustees

FINANCIAL REVIEW

Financial Review

UJS remains in a stable financial position, with prudent financial management ensuring that we continue to deliver for Jewish students across the UK and Ireland.

During the 2023-24 financial year, UJS received a significant one-off donation, which has provided a valuable opportunity to invest in the long-term future of Jewish student life. As with previous instances of such major grants, the Trustees are committed to ensuring that these funds create a lasting impact. To this end, we have allocated resources strategically, ensuring that this investment benefits Jewish students for years to come, rather than relying on it for ongoing operational costs.

Our income streams remain diversified, with funding from a combination of donations, grants, and event-based revenue. However, given the evolving landscape of charitable giving and the broader financial climate, UJS will continue to focus on sustainable fundraising strategies to maintain financial security.

“

In the face of increasing challenges, UJS has remained unwavering in our commitment to defending Jewish students and ensuring their safety and well-being.

Risk Register

The Trustees maintain a proactive approach to risk management, regularly reviewing potential challenges and mitigating actions. The key risks identified this year include:

Jacqueline Horn Treasurer, B’nai B’rith Hillel Foundation

Future Outlook

Looking ahead, UJS remains committed to supporting Jewish students in a rapidly changing environment. The challenges posed by October 7th and its aftermath have underscored the importance of our work in defending Jewish students’ rights and ensuring their safety and wellbeing. We will continue to advocate at the highest levels, expand our welfare support, and enhance our leadership and engagement programmes.

As UJS prepares for a transition in leadership, we do so with confidence in the strength of the organisation and the students we serve. The commitment of our student leaders, staff, and supporters ensures that UJS will continue to thrive, making a lasting impact on Jewish student life for years to come.

11 April 2025

B’nai B’rith Hillel Foundation (Also known as UJS/Hillel) (Registered number: 00546659)

Report of the Trustees for the year ended 30 June 2024

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INDEPENDENT AUDITOR’S REPORT

Report of the Trustees

Opinion

We have audited the financial statements of B’nai B’RITH HILLEL Foundation (the ‘Charity’) for the year ended 30 June 2024 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Opinion on financial statements

from when the financial statements are authorised for issue.

In our opinion the financial statements:

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

We have nothing to report in this regard.

Opinion on other matter prescribed by the Companies Act 2006

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months

In our opinion, based on the work undertaken in the course of the audit:

Report of the Trustees

INDEPENDENT AUDITOR’S REPORT

(incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the Trustees’ Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of noncompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

B’nai B’rith Hillel Foundation (Also known as UJS/Hillel) (Registered number: 00546659)

Report of the Trustees for the year ended 30 June 2024

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Independent Auditor’s Report

TO THE TRUSTEES OF B’NAI B’RITH HILLEL FOUNDATION (ALSO KNOWN AS UJS/HILLEL)

from our professional and sector experience.

• In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: [www.frc.org.uk/ auditorsresponsibilities]. This description forms part of our auditor’s report.

Anthony Epton (Senior Statutory Auditor)

Signature:

11 April 2025

Date:

for and on behalf of Goldwins Limited Statutory Auditor Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG

Statement of financial activities for the year ended 30 June 2024

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Statement of financial activities

FOR THE YEAR ENDED 30 JUNE 2024

Notes Unrestricted Restricted Total Funds Total Funds
Funds £ Funds £ 2024 £ 2023 £
Income and endowments from
Donations and legacies 3 1,758,807 44,369 1,803,176 821,830
Charitable activities 4 10,627 - 10,627 20,555
Other income - - - -
Total Income 1,769,434 44,369 1,813,803 842,385
Expenditure on
Raising funds 74,291 - 74,291 50,819
Charitable activities 6 985,712 86,123 1,071,835 905,085
Other 608 - 608 608
Total Expenditure 1,060,611 86,123 1,146,734 956,512
NET INCOME / (EXPENDITURE) FOR
THE YEAR		 9 708,823 (41,754) 667,069 (114,127)
Transfer between funds - - - -
Net income / (expenditure) before other
recognised gains and losses		 708,823 (41,754) 667,069 (114,127)
Net movement in funds 708,823 (41,754) 667,069 (114,127)
Reconciliation of funds
Total funds brought forward		 1,016,759 113,037 1,129,796 1,243,923
Total Funds carried forward 1,725,582 71,283 1,796,865 1,129,796

Balance sheet

FOR THE YEAR ENDED 30 JUNE 2024

Notes £ 2024 £ £ 2023 £
Fixed assets
Tangible assets 14 801 1,409
Investments 15 517,176 517,176
517,977 518,585
Current assets
Debtors 16 87,976 62,266
Cash at bank and in hand 1,234,732 591,372
1,322,708 653,638
Liabilities
Creditors:
amounts falling due within one year		 17 (43,820) (42,427)
Net current assets / (liabilities) 1,278,888 611,211
Total assets less current liabilities 1,796,865 1,129,796
Creditors: - -
amounts falling due after one year
TOTAL NET ASSETS / (LIABILITIES) 1,129,796
796,865		 1,243,923
129,796
The funds of the charity: 19
Restricted income funds 71,283 1,016,759
Unrestricted income funds:
General funds		 1,725,582 113,037 113,037
Total unrestricted funds 1,725,582
Total funds 1,796,865 1,129,796

The financial statements have been prepared in accordance with the special provisions for small companies under Part15 of the Companies Act 2006.

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 19 to the financial statements.

Jackie Horn (Treasurer)

11 April 2025

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FOR THE YEAR ENDED 30 JUNE 2024

Cash flow statement

Notes
Cash fows from operating activities
a
Net cash provided by / (used in)
operating activities
Cash fows from investing activities
Purchase of fxed assets
Net cash provided by / (used in) investing
activities
Cash fows from fnancing activities:
Repayments of borrowing
Cash infows from new borrowing
Net cash provided by / (used in)
fnancing activities
Change in cash and cash equivalents in
the year
Cash and cash equivalents at the
beginning of the year
Cash and cash equivalents at the end of
the reporting period		 2024 £
-		 £
643,360
-
-		 2023 £
-		 £
(80,507)
-
-
- -
-
643,360
591,372		 (80,507)
643
1,234,732 591,372

Notes to the cash flow statement

FOR THE YEAR ENDED 30 JUNE 2024

a. Reconciliation of net (expenditure)/income to net cash flow from operating activities

Net (expenditure)/income for the reporting period
(as per the Statement of Financial Activities)
Adjustments for:
Depreciation charges
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by / (used in) operating activities		 2024 £
667,069
608
(25,710)
1,393		 2022 £
(114,127)
608
37,278
(4,266)
643,360 (80,507)

b. Analysis of changes in net funds

Cash in hand
Total cash and cash equivalents		 At 1/7/23
591,372		 Cash fow
£
643,360		 Other changes
£
-		 At 30/6/24
£
1,234,732
591,372 643,360 - 1,234,732

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Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP FRS 102) and the Companies Act 2006.

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Going concern

The trustees consider that there are no material uncertainties about the charitable company’s ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

1. Accounting policies - continued

h) 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

i) Tangible fixed assets

Items of equipment are capitalised and depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

c) Incoming resources

ncome 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 conditions 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.

Short leasehold Straight line over the terms of the 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.

j) Basic financial 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.

d) Resources expended

All expenditure is accounted for on an accruals basis end 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.

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.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.

l) Basic financial liabilities

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.

f) Government grant s

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.

g) 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 cut in the notes to the accounts.

Investment income, gains and losses are allocated to the appropriate fund.

m) Pensions

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.

n) Taxation

The Charity is exempt from Corporation Tax on its charitable activities.

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.

o) 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.

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Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

2. Detailed comparatives for the statement of financial activities

Income from:
Donations and gifts
Grants
Other income
Total income
Expenditure Income
Raising funds
Charitable activities
Other
Total expenditure
Net income / expenditure before gains /
(losses) on investments
Net gains / (losses) on investments
Net income / expenditure
Transfer between funds
Net movements in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
Funds £
641,487
20,555
-		 Restricted
Funds £
180,343
-
-		 Total Funds
2023 £
821,830
20,555
-
662,042 180,343 842,385
50,819
731,538
608		 -
173,547
-		 50,819
905,085
608
782,965 173,547 956,512
(120,923)
-		 6,796
-		 (114,127)
-
(120,923)
-
(120,923)
1,137,682
1,016,759		 6,796
-
6,796
106,241
113,037		 (114,127)
-
(114,127)
1,243,923
1,129,796

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

3. Income from donations and legacies

Donations and gifts Unrestricted £
1,758,807		 Restricted £
44,369		 Total 2024 £
1,803,176		 Total 2023 £
821,830
1,758,807 44,369 1,803,176 821,830

4. Income from charitable activities

Charitable activities
Events and activities		 Unrestricted £
10,627		 Restricted £
-		 Total 2024 £
10,627		 Total 2023 £
10,627
20,555
10,627 - 10,627 10,627
20,555

5.Expenditure on raising funds

Fundraising and publicity
Staf costs
Staging fundraising events		 Unrestricted £
69,995
4,296		 Restricted £
-
-		 Total 2024 £
69,995
4,296		 Total 2023 £
43,149
7,670
74,291 - 74,291 50,819

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Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

6. Expenditure on charitable activities

Grant payable (see note 7)
Direct cost:
Staf costs
Jewish student centre expenses
Leadership, development and training
Conferences and events
Educational trips and activities
University society funding
ICT and telecommunications
Other expenditure
Israel Fellows
Ofce Equipment
Share of support and governance costs (see note 8)		 2024 £
-
308,666
108,846
194,888
287,406
31,168
7,149
6,193
42,608
84
510		 2023 £
36,820
305,891
72,710
84,273
146,421
4,038
12,620
10,637
47,212
116,317
1,690
987,518
84,317		 838,629
66,456
1,071,835 905,085

7. Grant funding activities

The total grants paid to institutions during the
year was as follows:
Welfare grant
uring the year the entity made welfare grants of £Nil (2023: 36820) to individuals		 2024 £
-
-		 2023 £
36,820
36,820

During the year, the entity made welfare grants of £Nil (2023: 36,820) to individuals.

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

8. Support costs allocated to activities

Support costs
Repairs & maintenance
Printing, postage &stationery
Bank charges
Legal and professional costs
Insurance
IT expenses
Telecommunications
General expenses
Other expenses
Governance costs
Accountancy and legal fees
Analysed between:
Fundraising
Charitable activities		 2024 £
256
7,327
5,019
5,546
16,636
10,963
1,369
16,501
-		 2023 £
1,274
1,945
(86)
731
15,000
9,358
1,708
16,247
249
63,617
20,700		 46,426
20,030
84,317
-
84,371		 6,456
-
66,456
6
84,317 6,456
6

9. Net incoming resources for the year

Depreciation
Auditors’ remuneration (excluding VAT): Audit
This is stated after charging / crediting		 2024 £
608
8,500		 2023 £
608
-

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.

28

29

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

10. Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Salaries and wages
Social security costs
Employer’s contribution to defned pension schemes		 2024 £
344,797
25,992
7,872		 2023 £
310,933
29,699
8,408
378,661 349,040

No employee earned more than £60,000 during the year (2023: nil).

The key management personnel of the charity comprise the Trustees, CEO and Finance Manager. The total employee benefits including pension and national insurance contributions of the key management personnel were £103,903 (2023: £83,292).

Two charity trustees were paid or received above benefits from employment with the charity in the year.

Trustees’ reimbursement of travel and subsistence costs is £Nil.

11. Staff numbers

The average number of employees (head count=based on number of staf employed) during
the year was as follows:
Charitable, administration & fundraising		 2024 No.
12		 2023 No.
12
12 12

12. Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

13. Intangible fixed assets

Cost
At the start of the year
At the end of the year
Amortisation
At the start of the year
At the end of the year
Net book value
At the start of the year
At the end of the year
14. Tangible fxed assets		 Development
Costs £
15,332		 Total
£
15,332
15,332 15,332
15,332 15,332
15,332 15,332
- -
- -
Cost
At the start of the year
At the end of the year
Disposals in year
At the end of the year
Depreciation
At the start of the year
At the end of the year
Disposals in year
At the end of the year
Net book value
At the end of the year
At the start of the year
Development
Costs £
24,950
-
-		 Total
£
24,950
-
-
24,950 24,950
23,541
608
-		 23,541
608
-
24,149 24,149
801 801
1,409 1,409

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31

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

15. Fixed asset investments

Shares
Loans		 2024 £
1
517,175		 2023 £
1
517,175
517,176 517,176
Market value
At 1 July 2023 and 30 June 2024
Net book value
At 30 June 2024
At 30 June 2023
At 1 July 2022 and 30 June 2023
here were no investment assets outside the UK.
h ’ itt t th bl ht dt i th h itl f i ild th flli		 Investments in
Subsidiaries £
1
1
1
Loans to Group
Undertakings £
517,175

There were no investment assets outside the UK.

The company’s investments at the balance sheet date in the share capital of companies include the following:

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024

16. Debtors: amounts falling due within one year

Other debtors
Prepayments and accrued income		 2024 £
892
87,084		 2023 £
10,100
52,166
87,976 62,266

17. Creditors: amounts falling due within one year

Trade creditors
Social security and other taxes
Amounts owed to subsidiary undertakings
Other creditors
Accruals and deferred income		 2024 £
10,216
10,302
1
7,801
15,500		 2023 £
19,404
11,022
1
-
12,000
43,820 42,427

Union of Jewish Students Limited

Registered office: New Derwent House, 69-73 Theobalds Road, London, WC1X 8TA Nature of business: Dormant

% Holding Class of share: 100 Ordinary 2023 £ 2022 £ Aggregate capital and reserves 1 1

The Yorkshire and Humberside B’nai B’rith Hillel 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.

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33

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023

18. Analysis of net assets between funds

Fixed assets
Investments
Current assets
Current liabilities
Comparative for analysis of net assets between funds (FY 2023)
Fixed assets
Investments
Current assets
Current liabilities		 Unrestricted
Funds £
801
517,176
1,251,425
(43,820)		 Restricted
Funds £
-
-
71,283
-		 Total Funds
£
801
517,176
1,322,708
(43,820)
1,725,582 71,283 1,796,865
Unrestricted
Funds £
1,409
517,176
540,601
(42,427)		 Restricted
Funds £
-
-
113,037
-		 Total Funds
£
1,409
517,176
653,638
(42,427)
1,016,759 113,037 1,129,796

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023

19. Movement in funds

Restricted funds
28 campus project (Israel Fellows)
Singer (Real Deal)
GL Jubilee
Reading
Kings college
Leeds
Hostage Badge
MGB UJS Sports project
Bristol
UJIA
Ball's (Birmingham/Nottingham/
Manchester)
CST
Jewish Agency
Freshers
TOTAL RESTRICTED FUNDS
Unrestricted funds
General funds
Total Restricted fund
TOTAL FUNDS		 At the start of
the year
8,301
73,653
20,000
5,064
250
5,769
-
-
-
-
-
-
-
-		 Incoming
resources &
gains
-
-
-
-
-
-
4,079
5,415
1,000
10,222
4,501
18,792
290
70		 Outgoing
resources &
losses
(84)
(35,272)
(15,000)
-
-
(5,769)
-
(5,415)
(1,000)
-
(4,501)
(18,792)
(290)
-		 Transfers
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 At the end of
the year
8,217
38,381
5,000
5,064
250
-
4,079
-
-
10,222
-
-
70
113,037 44,369 (86,123) - 71,283
1,016,759 1,769,434 (1,060,611) - 1,725,582
1,016,759 1,769,434 (1,060,611) - 1,725,582
1,129,796 1,813,803 (1,146,734) - 1,796,865

34

35

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023

19. Movement in funds - continued

Comparative for movements in
funds (FY 2023)
Restricted funds
28 campus project (Israel Fellows)
Singer (Real Deal)
GL Jubilee
Reading
Kings college
Leeds
TOTAL RESTRICTED FUNDS
Unrestricted funds
General funds
Total Restricted fund
TOTAL FUNDS		 At the start of
the year
100,927
-
-
5,064
250
-
250		 Incoming
resources &
gains
23,691
130,883
20,000
-
-
5,769
250		 Outgoing
resources &
losses
(116,317)
(57,230)
-
-
-
-
250		 Transfers
-
-
-
-
-
-
-		 At the end of
the year
8,301
73,653
20,000
5,064
250
5,769
-
106,241 180,343 (173,547) - 113,037
1,137,682 662,042 (782,965) - 1,016,759
1,137,682 662,042 (782,965) - 1,016,759
1,137,682
1,243,923
 662,042
842,385
842,385
842,385
842,385
~~=====~~		 (782,965)
(956,512)
~~======~~		 -
-
~~=====~~		 1,016,759
1,129,796
~~==~~
~~=====~~
~~=====~~

Notes to the financial statements

(CONTINUED) FOR THE YEAR ENDED 30 JUNE 2023

20. Related party transactions

B’nai B’rith Hillel Foundation shares common trustees with The Yorkshire and Humberside B’nai B’rith Hillel Foundation. During the year, the Foundation incurred expenses totalling £nil (2023: £nil) on behalf of The Yorkshire and Humberside B’nai B’rith Hillel Foundation with respect to property held by the related party. The balance of £517,175 (2023: £517,175), representing the refurbishment costs incurred in prior years, is included in investments at the year end.

During the year trustees made donations totalling £22,664 (2023: £1,410).

21. Post balance sheet events

In light of the tragic events and loss of life in Israel on 7 October 2023, and related increase in campus based antisemitic incidents, the Charity launched an emergency fundraising appeal to support the additional needs of students on campus. The additional income raised will be included in the accounts for the current and following year.

21. Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

Purposes of restricted funds

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.

Kings College

These funds are restricted for funding activity by Kings College J-Soc or activity that supports Kings College J-Soc.

Leeds

These funds are restricted for funding activity by Leeds J-Soc or activity that supports Leeds J-Soc.

GL Jubilee

Donation for specific initiatives on social action and inclusion.

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Here’s to a fantastic 2025/26!

Get in touch

020 7424 3288[.] info@ujs.org.uk[.] www.ujs.org.uk UJS, Amelie House, 221 Golders Green Road, London, NW11 9DQ

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