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2024-04-05-accounts

Charity registration number 802351 (England and Wales)

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

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
Susan Partridge (Deputy Chairman)
Said Shehadeh
Abir Tuqan
Beckett Vester
Nicholas Vester
Kim Ingleby
Sara Bristow
Connie Musallam
Sophia Lopresti
Lucy Lopresti
Charity number (England and Wales) 802351
Principal address Elizabeth Court
17 Tryon Crescent
London
E9 7RY
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 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7 - 11

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

TRUSTEES' REPORT

FOR THE PERIOD ENDED 31 MARCH 2024

The trustees present their annual report and financial statements for the period ended 31 March 2024.

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 for children in East Jerusalem and the Old City.

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 Administrator, all the work is done by committee members and volunteers 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

As we approach the Centenary of SCC, we have been reminded, all too dramatically, that the “Spafford” has survived and indeed responded to terrible events in the past. The appalling Gaza war, now after 15 months halted by a fragile ceasefire, has been a huge challenge for our human and financial resources. I would like to record on behalf of all Trustees and Friends of SCC our unreserved thanks and admiration for the way our Jerusalem staff, our fundraisers and our donors have dug deep and once again responded in their own ways to help the children of East Jerusalem.

This report covers the period from April 2023 through to March 2024. Our fundraising efforts kicked off in May in North Wales with a glorious lunchtime event and speaker in the lovely garden of hosts Virginia and Michael Cunningham. The happy occasion was the brainchild of long-time Friend and revered tour guide, Zara Fleming. Due to the generosity of the 58 guests and others who could not attend, the event raised over £4,000 and extended our mailing list into a new area. The delicious Mezze lunch was once again prepared by new Vice Chairman, Susie Partridge, and brought up to Wales by Sara Bristow.

In July, FSCC made its ring-fenced (donor-designated) donation to SCC to enable the popular Summer Camp to go ahead as usual. In September, Susie Partridge hosted at her Club an informal lunch for Trustees to bid a fond farewell to Jane Colling and Louise Sheridan on their retirement and warmly welcome Magda Bilska-Pereda as the new Administrator.

Special mention should go to Rob Williams and his team who for some time now have been running twice a year in the Bath Half Marathon (October and March) and raising money for FSCC; in 2023/24 the total has passed £4,000, a magnificent effort. Kim Ingleby also completed a sponsored open water swim in the South West.

In the autumn, the horrific events of October 7th, followed by the invasion of Gaza, required the Trustees to make a rapid decision to postpone a fund raising event planned for November 15th in London to the spring. However, the gravity of the situation and the financial pressures on the Spafford Center necessitated an urgent response. It was decided to launch a Crisis Appeal, backed up by the printing of a special Christmas card with a dove of Peace. The simply wonderful response from our generous donors and friends brought in over £10,000.

In November, we received a surprise invitation to have a fund raising table outside SOAS (London University) on the day designated "Day of Solidarity with the Palestinian People". A small team braved the elements and raised £800 from the sale of merchandise and donations.

The postponed fund raising event took place on 6th March in the Essex Church in Notting Hill. David Causer had found us another great speaker, former foreign correspondent Roger Hardy, who presented his new book: “The Bride: an Illustrated History of Palestine 1850 – 1948”. His engaging talk on his concise and easy to read book proved popular, illustrated by many early photos from the American Colony Archive. The sales tables did well again, Susie’s Mezze Supper was as good as ever. This very successful event was well supported by friends, old and new, and grossed over £10,000.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

TRUSTEES' REPORT (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

So ended another financial year in which we significantly increased our fundraising. Our level of support for SCC in Jerusalem was down as we had exhausted our reserves in the previous year. Many thanks to all for their hard work and generosity.

There were no changes in the Trustees during this year; however Magda agreed to take on the additional duties of Secretary previously carried out by Trustee Pippa Sentance.

Financial review

Total income for the year showed a healthy increase from £67,811 to £74,135. We held a number of successful fundraising events including a talk at the Essex Church in London by Roger Hardy. Once again we benefitted from runners sponsored in the Bath Half Marathon. There was an extremely generous response to our Crisis Appeal in the winter of 2023/24 as our services in Jerusalem were desperately needed.

During the year, £55,075 was transferred to SCC in Jerusalem, down from the previous year's figure of £68,275.

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 Susan Partridge (Deputy Chairman) Said Shehadeh Abir Tuqan Beckett Vester Nicholas Vester Kim Ingleby Sara Bristow Connie Musallam Sophia Lopresti Lucy Lopresti

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 Administrator, Magda Bilska-Pereda, was the only salaried employee, working part time.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

TRUSTEES' REPORT (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

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

Frank Spencer-Nairn FCA (Chairman) Trustee Dated: 29 January 2025

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 period ended 31 March 2024.

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.

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

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 3rd Floor Chancery House St Nicholas Way Sutton Surrey SM1 1JB

Dated: .........................

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE PERIOD ENDED 31 MARCH 2024

Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income from:
Donations and legacies
2
69,015
5,000
Investments
3
120
-
Total income
69,135
5,000
Expenditure on:
Raising funds
4
8,281
-
Charitable activities
5
50,075
5,000
Total expenditure
58,356
5,000
Net gains/(losses) on
investments
8
(152)
-
Net income/(expenditure) and
movement in funds
10,627
-
Reconciliation of funds:
Fund balances at 6 April 2023
48,271
-
Fund balances at 31 March 2024
58,898
-		 Total
Unrestricted
Restricted
Total
funds
funds
2024
2023
2023
2023
£
£
£
£
74,015
63,466
4,000
67,466
120
345
-
345
74,135
63,811
4,000
67,811
8,281
11,446
-
11,446
55,075
64,275
4,000
68,275
63,356
75,721
4,000
79,721
(152)
(291)
-
(291)
10,627
(12,201)
-
(12,201)
48,271
60,472
-
60,472
58,898
48,271
-
48,271

The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

BALANCE SHEET

AS AT 31 MARCH 2024

2024
Notes
£
£
Current assets
Debtors
10
5,000
Investments
11
-
Cash at bank and in hand
56,058
61,058
Creditors: amounts falling due within one
year
12
(2,160)
Net current assets
58,898
Income funds
Unrestricted funds
12
58,898
58,898
The financial statements were approved by the Trustees on 29 January 2025
Frank Spencer-Nairn FCA (Chairman)
David Causer FCA (Treasurer)
Trustee
Trustee		 2023
£
4,664
11,564
34,233
50,461
(2,190)		 £
48,271
48,271
48,271

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2024

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 Elizabeth Court, 17 Tryon Crescent, E9 7RY, London.

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 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

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 or grantors 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.

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

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.

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
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Donations and gifts 69,015 5,000 74,015 63,466 4,000 67,466

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

3 Investments
Unrestricted Total
funds
2024 2023
£ £
Income from unlisted investments 116 322
Interest receivable 4 23
120 345
4 Expenditure on raising funds
Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising and publicity
Support costs 8,281 11,446
5 Charitable activities
Donations to Donations to
Spafford Spafford
Children's Children's
Center Center
2024 2023
£ £
Donations to Spafford Children's Center 55,075 68,275
Analysis by fund
Unrestricted funds 50,075 64,275
Restricted funds 5,000 4,000
55,075 68,275
6 Net movement in funds 2024 2023
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements 2,160 2,040

7 Trustees

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

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

8 Net gains/(losses) on investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Revaluation of investments (152) (291)

9 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.

10 Debtors

10
Debtors
Amounts falling due within one year:
Other debtors
11
Current asset investments
Unlisted investments
12
Creditors: amounts falling due within one year
Accruals and deferred income		 2024
£
5,000
2024
£
-
2024
£
2,160		 2023
£
4,664
2023
£
11,564
2023
£
2,190

13 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 6 April 2023 Incoming Resources Gains and At 31 March
resources expended losses 2024
£ £ £ £ £
General funds 48,271 69,135 (58,356) (152) 58,898

FRIENDS OF THE SPAFFORD CHILDREN'S CENTER OF JERUSALEM

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE PERIOD ENDED 31 MARCH 2024

13 Unrestricted funds (Continued)
Previous year: At 6 April 2022 Incoming Resources Gains and At 5 April 2023
resources expended losses
£ £ £ £ £
General funds 60,472 63,811 (75,721) (291) 48,271