Charity nurnr: 801096 THE JEWISH AID COMMirrEE UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS Page | I
THE JEWISH AID COMMirrEE CONTENTS Page Reference and Administrative Details of the Company, its Trustees and Advisers Trustees. Roport Independent Examlnerfs Report 10 Statement of Flnanclal A¢tlvitles 11 Balance Sheet 12 Notes to the Flnan¢ial Statornents 12-23 Pagel 2
THE JEWISH AID COMMIThEE REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 April 2024 Trustees J Aron R Eker E J Phlllps (reslgned 31 Dec 2021) Charhy registered number 801096 Reglst•red office 582 Honeypot Lane Stanmore HA7 1JS Accountants Simia Wall LLP Chartered Accountants 582 Honeypot Lane Stanmore HA7 1JS P3ge13
THE JEWISH AID COMMrrrEE TRUSTEES, REPORT FOR THEYEAR ENDED SAPRIL 2024 The charity is also known under the names One to One, One to One - Israel, One to One - The Project for Disadvantaged Families, One to One Project and One to One Treks. The Trustees present their annual report together with the financial statements of Ihe The Jewish Aid Committee for the financial year 6 April 2023 to 5 April 2024. The Annual Report serves the purposes of Trustees, report and confirm that the Annual Report and financial statements of the charitable Company comply with the current statutory requirements. the requirements of the charitable companvs governing document and the provisions of the Statement of Recommended PractiGe {SORP) applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of IrelarKI (FRS102) (second edition effective 1 January 2019). Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. ObJo¢tives and actlvltlos a. Policies and objectlves The charitls principal aims and objective5 during the year were to fund and maintain its co-existence projects, to financlally assist persons who are in conditions of need, hardship or distress, and lo asslst Children throughout the world without consideration of race or colour according to the teachings of the Jewish rellgion and to advance the Jewish faith in any part of the vnrld. These aims were made possible by the income from charitable activities performed and donations received. The twstees confirm that they referred to the guidance contained in the Charity Commission's general guidance on public benefit by revlewing the charity's aims and objectives and in planning future activities. b. Volunteers The charity invites applications for funding of projects through volunteers in Israel, who keep the trustees informed of immigrant5, Vlctims of terrorism and others in need of immediate assistance. Biographies of each family are made from detailed assessments compiled by our team of volunteers. Trustees then allot funds which are passed on to the families by the volunteer concerned. Achievements and performance Review of activities Donations. Gift Aid received and bank interest received in the period totalled £27,847 (2023: £320). £22,300 (2023: £NIL) was pald out as grants and donations. The charty's outgoing resources for the year came to £24,108 Includlng grants (In 2023 £14,375) The balance sheet Is positive at the end of the period with the main constituent part Gontinuing to be cash reserves. At the reporting date. the charity had cash reserves of £5.637 where most of It Is non-restricted fund. These reserves will be used in the future for the objectives of the charity, specifically to increas8 capacity to develop and deliver charitable actlvltles. Page 14
THE JEWISH AID COMMrrrEE TRUSTEES, REPORT (CONTINUED) FOR THEYEAR ENDED 5 APRIL 2024 Achievements and performance (continued) b. Summary of charitable activities During the past 12 months. we have On more been conntrating on our goal to help Jewish communty- We have Iransferred £20.300 to Israel thanks to Rabbi Barry Marcus and £2.000 to support family affected by cancer. Financlal review a. Going concern The Trustess have consldered the circumstan8 of the charity and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. b. Reserves policy It is the policy of the charity that unrestricted funds which have not be designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding. they will be able to continue the charitvs current activities while consideration is given to ways in which additional funds may be raised. This level of reserves unfortunately has not been maintained throughout the year. The Direciors acknowledge this and are seeking opportunities for the charity to generate additional reserves in the future. Princlpal funding The charity is principally funded by donations. Pagel 5
THE JEWISH AID COMMirrEE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Structure, governance and managemont a. Constitution The charity is constituled under a Memorandum of Association dated g May 2014 and Is a reglstered charty number 801096.The principal object of the charity is to provide help to less fortunate Jewish community abroad. b. Mothods of appointment or election of Trustees The Trustees who served during the year were: R Eker MBE M Philips J Aron (resigned 31 Dec 2021) The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution. Under the constitution Trustees are appointed for three years. One third of the Trustees retire annually and sre eligible for re-appointment. No Trustee received any remuneration for services as a twstee during the year. No Trustee had any beneficial interest in any contract with the charity during the year c. Policies adopted for the induction and training of Trustees Existing Trustees brief new Trustees on the charity's aims and objectives. They are given a copy of the charitys constitution as well as the latest financial statements. They are also given literature akout the charty, familiarised wlth our pollcles, and are directed towards the charitls website. This enables the Trustees to fulfil thelr role in line with the Charities Act 2011. Pagel 6
THE JEWISH AID COMMirrEE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 6 Aprll 2024 d. Rlsk management The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity. and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks. induding: Risk 1: Rising demand outstrips our capacity to deliver programming. This is mitigated through good communication with those we work with, reviewing how we work to ensure we are working effectively and fundraising to add any necessary new capacity. and building volunteer capacity. Risk 2: Lack of sufficient funds. This is mitigated through our fundraising strategy including prioritising long- temi regular donatlons, attracting major donors. expanding our grant writing, exploring further opportunities to increase tradlng Income to ensure our longer-tem stability. Risk 3: Insufficient volunteer recrultment and retention affecting The Jewish Aid Committee ability to deliver its activities. This is mitigated through our volunteer recwltment, engagement and development activities. with a named volunteer coordinator and conslderlng a trustee wlth specific responsibility for volunteer development. Risk 4: Volunteer or staff bumout at all levels in the organisatlon, Includlng leadership. This is mitigated by prioritising activities so non*ssentiallnon-urgent can be postponed or held, spreadlng workload across the widest team possible. arKI through debriefing and 5UPPOrt activities. We also have one trustee who supports on HR issues specrftcally. and have contracted extemally for expert human resources support. Risk 5: Inappropriate volunteer or staff behaviour which could result in harm to vulnerable people or create reputational risk. This risk is minimised through implementing our safeguarding policy. regular training opportunities for volunteerslstaff. avoiding unsupervised working with potentially vulnerable people.. volunteerslstaff working in pairslgroups wherever possible: and supervision and mentoring of newer volunteerslstaff by more experienced volunteerslstaff. Plans for future perfods Lack of funding is restricting our plans for the future. Twe Is no shortage of need however. The situation in the Mid¢Jle East gives greater cause for anxiety than ever, and we would like to continue and expand our work with the many cross-culture groups. The dreadful sltuation In the Gaza Strip has of course made all our work more difficult. just as it has affected, for the worse, our efforts to ralse more Cash. Page17
THE JEWISH AID COMMIThEE TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 5 April 2024 Stat•m•nt of Trustoes. rospon8ibilities The Trustees are responsible for preparing Statement of Trustees, Report and the flnancial statements in accordance with applicable law and United Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financlal year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of its incoming resources and application of resources, includlng its income and expenditure, for that period. In preparing these financial statements. the Trustees are required to: select suitable accountlng pollcies and then apply them consistently,. obser4e the methods and principles of the Charities SORP (FRS 102),. make judgments snd 8ccounting estimates that are reasonable and prudent., stats materlal whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any departures disclosed and explained In the financial ststements; Prepare the flnanci81 statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explaln the ¢haritls transactions and disclose with reasonable accuracy at any time the financial position of the charlty and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on . /g and Signed on their behalf by: R Eker Trustee Page18
THE JEWISH AID COMMITTEE INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED S APRIL 2024 Indepandent Exarninerf8 Report to the Trustsos of THE JEWISH AID COMMrrTEE I report to the charlty Trustees on my examination of the accounts for the year ended 5 April 2024. Responsibilities and Basis of Report As the Trustees of the Company you are responsible for the preparation of the accounts in accordance with the quirements of the Companies Act 2006 {'the 2006 Act,). I report in respect of my examination of the charitvs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the 2011 Act. Independent Examinerfs Statement 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: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or the accounts do not accord with those record8. or the accounts do not comply with the accountlng requlrements 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 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting arKI reporting by charities [applicable to charities preparlng 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 examinatlon to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the Companvs Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Companrfs Trustees those matters l am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the Company and the Company's Trustees as a body. for my work or for this report. Nicholas Fisher Simia Wall LLP Chartered Accountants Devonshire House 582 Honeypot Lane Stanmore Middlesex HA7 1JS Simia Wall Devonshire HoLJse 582 Honeypot Lane Slanmore. Middlesex HA71JS Tel.. 0208 732 5500 Email.. mail@simiawall.conp Date: Pagel 9
THE JEWISH AID COMMIThEE STATEMENT OF FINANCIAL ACTMTIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 5 April 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Donations. legacies and other income 25,747 2,100 27,847 320 Total income 25,747 2.100 27.847 320 Expenditure on: Charitable activities 22,108 2.000 24,108 14,375 Total axpenditure 22,108 2,000 24,108 14.375 Net movement in funds 3,639 100 3,739 (14.055) Reconciliation of funds: Total funds brought forward Net rnovement in furKIs (1.886) 3,639 {1,886) 3.739 12.169 (14.055) 100 Total funds carriod forward 1,753 100 1853 (1,886) The notes on pages 12 to 23 form part of these financial statements. Pa8e | 10
THE JEWISH AID COMMIThEE BALANCE SHEET AS AT 5 April 2024 2024 2023 Note Fixed assets Tangible assets Current assets 288 Debtors Cash at bank and in hand 5,637 1,570 5,637 1,570 Creditors: amounts falling due within one year 10 {3,784) {3,744) Net current assats 1,853 {2,174} Total nat assets 1,853 (1.886) Charity funds Restricted funds UnrestriGted funds 11 11 1,753 100 (1,886) Total funds 1,853 (1,886) The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by: MBE Trustee The notes on pages 12 to 23 form part of these financlal statements. Page | 11
THE JEWISH AID COMMirrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2024 General Infornlatlon The Jewish Aid Committee is a charlty registered in England & Wales. Its registered office is Devonshire House, 582 Honeypot Lane. Stanmore. HA7 1JS. Accountlng poll¢i08 2.1 Basls of preparation of financial statements The financial statements 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 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The financial statements have been prepared to give a Yrue arxl fairf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities." Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The Jewish Aid Committee meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwlse stated in the relevant accounting policy. 2.2 Income All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receible basis. The balance of income received for Specific purposes but not expended during the period is shown In the relevant funds on the Balance Sheet. Where income is recelved In advance of entitlement of receipt. its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 2.3 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classiFied by actiwty. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activty and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Page112
THE JEWISH AID COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Support costs are those costs incurred directly In support of expenditure on the objects of the company and include project management carried out at Headquarters. Charitable activities and Governance costs are costs incurred on the company's educational operations. including support costs and costs relating to the governance of the company apportioned to charitable activities. Accounting policies (continued) 2.4 Government grants Govemment grants relating to tangible fixed assets are treated as deferred income and released to the Statement of Financial Activities over the expected useful lives of the assets cOnrned. Other grants are credited to the Statement of Financial Activities as the related expenditure is IUrred. 2.5 Tangible fixed assets and depreciation Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is charged so as to allocate the cost of tangible fixed assets less thelr residual value over their estimated useful lfves, using the straight4ine method. Depreciation is provided on the following basis: Office equipment at 15 % straight line 2.6 D•bfors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand indudes cash and short-temi 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. 2.8 Liabilities and provisions Liabilities are recognised when Ihere is an obligation at the balance sheet date as a result of a past event, it Is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estlmated reliably. Liabiliti8s are recognised at the amount that the charfty antlclpates It wlll pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of th8 amounts requlred to setue the obligation. Page | 13
THE JEWISH AID COMMrrrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2024 Accounting policies (continued) 2.10 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for partlcular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specrfic fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Income from donations and legacies Unrestricted funds 2024 Restricted funds 2024 Total fund5 2024 Donations and grants Interest on surplus cash funds 25.720 27 2.100 27,820 27 25,747 2,100 27.847 Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Donations and grants nterest on surplus Cash funds 320 320 320 320 PaBe114
THE JEWISH AID COMMirrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 April 2024 Analysis of expendlturo on charitabl• actlvltles Summary by fund type Unrestricted funds 2024 Restrlcted funds 2024 Total 2024 Charitable activities 22,108 2,000 24,108 Unrestricted funds 2023 Restricted funds 2023 Total 2023 Charitable activities 7,320 7,055 14,375 Analysls of expendlture by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Charit8ble activities 22.300 1,808 24,108 Actlvltles undertaken directly 2023 Support costs 2023 Total funds 2023 Charitable activities 14.375 14.375 Page115
THE JEWISH AID COMMIThEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Analysls of expendlture by actlvlties (continued) Analysis of direct costs Totsl funds 2024 Activities 2024 Staff and volunteer expenses Total funds 2023 Activities 2023 Staff and volunteer expenses 12.000 12,000 Analysis of 8UPPOrt costs Total funds 2024 Actlvltles 2024 Direct donation Depreciation Bank charges Accountancy Sundry 22,300 288 92 1,333 95 22,300 288 92 1,333 95 24.108 24,108 Page | 16
THE JEWISH AID COMMirrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Analysls of expendlture by actlvities (continued) Analysis of support costs (continued) Total funds 2023 Activities 2023 Staff costs Admin cost Sundry costs Accountsncy 12,000 150 12.000 150 52 2,173 52 2,173 14,375 14,375 Staff costs 2024 2023 W8ge5 and salaries (redundancy cost) 12,000 12.000 The average number of persons employed by the Company during the year was as follows- 2024 No. 2023 No. Employees No employee received remuneration amounting to more than £60.000 in either year. During the period. key management personnel received total emoluments of £ - (2023: £12.000) Page117
THE JEWISH AID COMMirrEE NOTES TO THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 5 APRIL 2024 Trustees. remuneratlon and expenses During the year, no Trustees received any remuneration or other benefits {2023 - £12,000). During the year ended 31 August 2024, no Trustee expenses have teen incUrd. Tangible fixed assets Office equipment C08t or valuation At 6 April 2023 1,823 At 5 April 2024 1.823 Depreciatlon At 6 April 2023 Charge for the year 1.535 At 5 April 2024 1.823 Net book value At 5 April 2024 At5 April 2023 288 Pa8e | 18
THE JEWISH AID COMmIEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Creditors: Amounts falling due within one year 2024 2023 Accruals and deferred income 3,784 3,744 3.784 3,744 10. Statement of funds Statement of funds - current year Balance at 6 April 2023 Balance at 5 April 2024 Income Expenditure Unrestrictod funds General Funds- all funds {1.886) 25,747 (22.108) 1,753 Restrlcted funds The Richard Lawson Trust 2.100 (2,000) 100 2,100 (2,000) 100 Total of funds {1.886) 27.847 (24,108) 1,853 Page119
THE JEWISH AID COMMITTEE NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 5 APRIL 2024 11. Statement of funds (contlnued) Statement of funds - prlor year Balance at Balance at 6 April 2022 5 April 2023 Income Expenditure Unrnstrleted funds General Funds- all funds 5,114 320 (7,320) (1,886) Restricted funds Restricted Funds - all funds 7,055 (7,055) 7,055 (7,055) Total of funds 12,169 320 (14,375) (1,886) 12. Summary offunds Summary of funds - current year Balance at 6 April 2023 Balance at 5 April 2024 Income Expenditure General funds Restricted funds (1,886) 25,747 2,100 (22.108) {2,000) 1,753 100 (1.886) 27.847 (24.108) 1.853 Page120
THE JEWISH AID COMMirrEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 13. Summary of funds (conllnued) Summary of funds - prior year Balance at 6 April 2022 Balance at 5 April 2023 Income Expenditure General funds Restricted funds 5,114 7.055 320 {7,320) (7,055) {1,886) 12,169 320 (14,375) {1,886) 14. Analysls of net assets batween funds Analysls of net assets between funds - current year Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 Current assets Creditors due within one year 5,637 (3.784) 5,637 (3.784) Total 1.853 1.853 Analysis of net assets between funds- prior year Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditors due within one year 288 1,570 (3,744) 1,570 (3,744) Total {1,886} (1.886) Pa8e | 21