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2023-04-05-accounts

Charity registration number 802351

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2023

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Djemila, Lady Cope of Berkeley
(Honorary Life President)
Frank Spencer-Nairn FCA (Chairman)
David Causer FCA (Treasurer)
Jacob Dajani (Deputy Chairman)
Rosie Ingleby
Tessa Ingleby
Dr Ahmed Massoud
Douglas Spencer-Nairn (Deputy
Chairman)
Pippa Sentance (Secretary)
Susan Partridge
Said Shehadeh
Abir Tuqan
Beckett Vester
Nicholas Vester
Kim Ingleby
Sara Bristow
Connie Musallam
Sophia Lopresti
Lucy Lopresti (Appointed 13 December
2022)
Charity number 802351
Principal address 24 Banyard Road
London
SE16 2YA
Independent examiner Clarkson Hyde LLP
3rd Floor
Chancery House
St Nicholas Way
Sutton
Surrey
SM1 1JB
Bankers Natwest Plc
PO Box 2162
20 Dean Street
London
W1A 1SX

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

CONTENTS

Page
Trustees' report 1 - 2
Independent examiner's report 3
Statement of financial activities 4
Balance sheet 5
Notes to the financial statements 6 - 9

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

TRUSTEES' REPORT

FOR THE YEAR ENDED 5 APRIL 2023

The trustees present their annual report and financial statements for the year ended 5 April 2023.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's governing document, the Charities 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 (FRS 102) (effective 1 January 2019)".

Objectives and activities

The charity’s objective is the advancement of the charitable work undertaken by the Spafford Children’s Center of Jerusalem, providing care, treatment and education to children, both in East Jerusalem and Palestine.

It does this by raising money in the United Kingdom on behalf of the Spafford Children’s Center. All the income is remitted except for the small proportion spent on administration and fundraising. With the exception of the Assistant Treasurer and one colleague, all the work is done by committee members who accept no remuneration for their time or expenses.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

2022/23 was a challenging financial year for the Spafford Children’s Center in Jerusalem. With the Covid pandemic under control, the programme of cultural, therapeutic and psychological support and remedial education was once again in great demand from the children of East Jerusalem and their families. Income from international aid programmes and our corporate donor slowly recovered but the assistance that FSCC and AFSCC in America provided was both invaluable and essential. The improving financial situation is now threatened by the terrible war in Gaza and its consequences.

Once again, we are very grateful to our wonderful supporters and donors, large and small, for their continuing generous response to appeals and fundraising activities. We can be particularly proud of our innovative and successful fundraising events which were greatly enjoyed and attracted many new supporters. These events require a lot of hard work and team effort. The voluntary input which goes into them is not to be underestimated and huge thanks must go to all concerned. Susie Partridge and Sara Bristow deserve to be singled out for being central to most events; Susie’s flair for producing mouth-watering Palestinian food under testing conditions and Sara’s efficiency and organisational skills are now legendary. Djemila Cope’s energy, networking and communication skills continue as ever while Pippa Sentance’s charity experience and attention to detail has kept us right and solved problems.

The big 3 events were the fundraising lunch at All Saints church in West Dulwich in June 2022 raising over £3,000; Sara provided the introduction to her church and spoke. We were delighted the Bishop of Southwark was able to attend along with the vicar, the Rev Alan Everett. Matthew Teller, author of “The Nine Quarters of Jerusalem”, gave fascinating talks and signed his book at the other two events, in Notting Hill in November and Bath in March, both accompanied by Palestinian food, raising £5,000 and £4,000 respectively. This formula has proved a success for author and charity alike and we hope to repeat it in the future. Sales tables for books and Palestinian products have featured successfully.

There were the usual appeals and newsletters during the year, put together by Sophia Lopresti helped by Djemila, her grandmother. There were some very generous donations, for which we are truly grateful, with one donation enabling the Summer Camp to go ahead again. One large donation, reported last year but received in this year (22/23) went towards the running of the IT Lab. Not to be forgotten, our thanks go to the 7 brave runners who took part in the Bath Half Marathon again and raised funds for us.

On the administrative front, we are deeply indebted to our Treasurer, David Causer, not only for all the usual work he does for us, but for heading up a Search committee of 5 Trustees, who gave up enormous amounts of their time, advertising, sifting through applications and interviewing in the quest for a new Administrator. This was successfully achieved in September 2023 when we welcomed Magda Bilska to that post. So final thanks go as always to our incredibly loyal and conscientious team of Jane Colling and Louise Sheridan for running our office in their final full year. An occasion will be found to enable supporters of FSCC to appropriately thank them following their retirement.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2023

Financial review

Total income for the year increased from £54,270 to £67,811, largely thanks to the successful series of fundraising events and some very generous donations. During the year, £68,275 was transferred to SCC in Jerusalem, down from the exceptional level of support of £127,000 in the previous year when external grant income dried up in the Covid lockdown period. We have now exhausted the timely legacy and our level of support to SCC in the foreseeable future will depend on our fund raising.

It is the policy of FSCC that unrestricted funds should be remitted to SCC on a regular basis as and when approved by the Board of Trustees whilst maintaining adequate reserves to allow for the fluctuating success of fund raising and to meet current expenses in the UK.

The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

The charity was established by a charitable trust deed on 31 October 1989. The Charity's area of benefit is Israel and Palestine. It owns no property and has no liabilities. Financial decisions are made by the Board of Trustees.

The trustees who served during the year were: Djemila, Lady Cope of Berkeley (Honorary Life President) Frank Spencer-Nairn FCA (Chairman) David Causer FCA (Treasurer) Jacob Dajani (Deputy Chairman) Rosie Ingleby Tessa Ingleby Dr Ahmed Massoud Douglas Spencer-Nairn (Deputy Chairman) Pippa Sentance (Secretary) Susan Partridge Said Shehadeh Abir Tuqan Beckett Vester Nicholas Vester Kim Ingleby Sara Bristow Connie Musallam Sophia Lopresti Lucy Lopresti (Appointed 13 December 2022)

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company. They are also responsible for safeguarding the assets of the Charity and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

The Charity’s assistant treasurer Jane Colling and the administrative assistant Louise Sheridan were the only salaried staff, working part time only as the need arises.

The trustees' report was approved by the Board of Trustees.

Frank Spencer-Nairn FCA (Chairman)

Trustee Dated: 17 November 2023

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

I report to the trustees on my examination of the financial statements of Friends of the Spafford Children's Center of Jerusalem (the charity) for the year ended 5 April 2023.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act.

Independent examiner's 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 that in any material respect:

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 financial statements to be reached.

Andrew Seton FCCA

Clarkson Hyde LLP Chartered Accountants 3rd Floor Chancery House St Nicholas Way Sutton Surrey SM1 1JB

Dated: 17 November 2023

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2023

Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income from:
Donations and legacies
2
63,466
4,000
Investments
3
345
-
Total income
63,811
4,000
Expenditure on:
Raising funds
4
11,446
-
Charitable activities
5
64,275
4,000
Total expenditure
75,721
4,000
Net gains/(losses) on
investments
7
(291)
-
Net movement in funds
(12,201)
-
Fund balances at 6 April 2022
60,472
-
Fund balances at 5 April
2023
48,271
-		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
67,466
52,130
2,000
345
140
-
67,811
52,270
2,000
11,446
12,101
-
68,275
115,000
12,000
79,721
127,101
12,000
(291)
1,366
-
(12,201)
(73,465)
(10,000)
60,472
133,937
10,000
48,271
60,472
-		 Total
2022
£
54,130
140
54,270
12,101
127,000
139,101
1,366
(83,465)
143,937
60,472

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

BALANCE SHEET

AS AT 5 APRIL 2023

Notes
Current assets
Debtors
9
Investments
10
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
Net current assets
Income funds
Unrestricted funds
12		 2023
£
4,664
11,564
34,233
50,461
(2,190)		 £
48,271
48,271
48,271		 2022
£
4,220
11,855
46,437
62,512
(2,040)		 £
60,472
60,472
60,472

The financial statements were approved by the Trustees on 17 November 2023

Frank Spencer-Nairn FCA (Chairman) David Causer FCA (Treasurer) Trustee Trustee

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2023

1 Accounting policies

Charity information

Friends of the Spafford Children's Center of Jerusalem is an unincorporated registered charity in England and Wales. The registered address is 24 Banyard Rd, London, SE16 2YA.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

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.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

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 conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

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.

1.5 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 activity. 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 activity and support costs which are not attributable to a single activity are apportioned between 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 are allocated on the portion of the asset’s use.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2023

1 Accounting policies

(Continued)

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

1.7 Financial 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 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.

Basic financial liabilities

Basic financial liabilities 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2 Donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
£ £ £ £ £ £
Donations and gifts 63,466 4,000 67,466 52,130 2,000 54,130

3 Investments

Unrestricted
funds
2023
£
Income from unlisted investments
322
Interest receivable
23
345		 Total
2022
£
139
1
140

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2023

4 Raising funds

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Support costs 11,446 12,101
11,446 12,101

5 Charitable activities

Donations to Donations to
Spafford Spafford
Children's Children's
Center Center
2023 2022
£ £
Donations to Spafford Children's Center 68,275 127,000
Analysis by fund
Unrestricted funds 64,275 115,000
Restricted funds 4,000 12,000
68,275 127,000

6 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2023

7 Net gains/(losses) on investments

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Revaluation of investments (291) 1,366

8 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

9 Debtors

9
Debtors
Amounts falling due within one year:
Other debtors
10
Current asset investments
Unlisted investments
11
Creditors: amounts falling due within one year
Accruals and deferred income
12
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2023
2023
£
£
Fund balances at 5 April
2023 are represented by:
Current assets/(liabilities)
48,271
-
48,271
-		 2023
£
4,664
2023
£
11,564
2023
£
2,190
Total
Unrestricted
funds
Restricted
funds
2023
2022
2022
£
£
£
48,271
60,472
-
48,271
60,472
-		 2022
£
4,220
2022
£
11,855
2022
£
2,040
Total
2022
£
60,472
60,472