##
##
##
##
##
##
|||Page|
|---|---|---|
|Trustees' annua
I report|||
|Independent
auditor's|report to the members||
|Statement
offinancial|activities|12|
|Stateinent offinancial|position|13|
|Statement ofcash flows||14|
|Notes to the financial|statements|155|
##
##
##
##
|Reference||and administrative|and administrative|and administrative|details|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||Beis Chinuch||Lebonos||I imited|||
|Charity registration|||number||t049458|||||||
|Company||registration||number|02831224|||||||
|Principal|office and||registered||103High|Street||||||
|office|||||Waltham|Cross||||||
||||||EN8 7AN|||||||
||||||England|||||||
|The trustees||||||||||||
||||||N Spitzer|||||(Appointed|21 January 2022)|
||||||E Spitzer|||||||
||||||A Schechter|||||||
||||||Rabbi C Teitelbaum|||||||
|Company||secretary|||Neil Spitzer|||||||
|Auditor|||||Brindley Goldstein|||Limited||||
||||||Chartered|accountants|||&statutory|auditor||
||||||103High|Street||||||
||||||Waltham|Cross||||||
||||||Heris|||||||
||||||EN8 7AN|||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2022|2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|||
||||||Note|funds
f|Total funds
f|Total funds|
|Income and endowments|||||||||
|Donations
and legacies|||||5|4,207,908|4,207,908|4,170,319|
|Charitable
activities|||||6|7,530|7,530|7,975|
|Total income||||||4,215,438|4,215,438|4,178,294|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising|donations||and legacies||7|36,574|36,574|16,870|
|Expenditure
on chadtable||activities|||8,9|4,161,246|4,161,246|3,859,499|
|Total expenditure||||||4,197,820|4,197,820|3,876,369|
|Net income and net movement|||in funds|||17,618|17,618|301,925|
|Reconciliation
offunds|||||||||
|Total funds brought|forward as||previously|reported||36,991|36,991|809,069|
|Prior year adjustment||||||||(1,074,003)|
|Total funds brought|forward as||restated|||36,991|36,991|(264,934)|
|Total funds carried|forward|||||54,609|54,609|36,991|
##
##
##
##
|31August 2022||||||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|||
|Fixed assets||||||
|Intangible
assets|||15|42,105|50,700|
|Tangible fixed assets|||16|116,340|134,907|
|||||158,445|185,607|
|Current assets||||||
|Debtors|||17|517,623|358,235|
|Cash at bank and in hand||||57,122|6,960|
|||||574,745|365,195|
|Creditors: amounts|falling|due within one year|18|640,408|461,230|
|Net current liabilities||||65,663|96,035|
|Total assets less current||liabilities||92,782|89,572|
|Creditors: amounts|falling|due after more than one year|19|38,173|52,581|
|Net assets||||54,609|36,991|
|Funds ofthe charity||||||
|Unrestricted
funds||||54,609|36,991|
|Total charity funds|||23|54,609|36,991|
##
##
##
##
|||||2022|2021|
|---|---|---|---|---|---|
||||||f|
|Cash flows from operating|activities|||||
|Net income||||17,618|301,925|
|Adjustmen/s
for:||||||
|Depreciation
oftangible fixed assets||||31,136|36,741|
|Amortisation
ofintangible
assets||||13,695|12,675|
|Government
grant income|||||(83,456)|
|Interest payable
and similar|charges|||11,740|9,254|
|Accrued expenses/(income)||||5,100|(4,200)|
|Changes
in:||||||
|Trade and other debtors||||(159,388)|(186,644)|
|Trade and other creditors||||172,969|(46,983)|
|Cash generated
from operations||||92,870|39,312|
|Interest paid||||(11,740)|(9,254)|
|Net cash from operating
activities||||81,130|30,058|
|Cash flows from investing|activities|||||
|Purchase
oftangible assets||||(12,569)|(70,627)|
|Purchase
of intangible
assets||||(5,100)|(63,375)|
|Net cash used
in investing
activities||||(17,669)|(134,002)|
|Cash flows from financing|activities|||||
|Proceeds
from borrowings||||(10,000)|(2,500)|
|Government
grant income|||||83,456|
|Payments
offinance lease liabilities||||(3,299)|18,896|
|Net cash (used in)/from
financing||activities||(13,299)|99,852|
|Net increase/(decrease)
in
Cash and cash equivalents|cash and cash
at beginning||equivalents
ofyear|50,162
6,960|(4,092)
11,052|
|Cash and cash equivalents|at end ofyear|||57,122|6,960|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|5.|undertakes
amount as
Donations|to c
may
and|ontribute
to
be required
legacies|the assets of the compan
not exceeding Et.|y,
in the eve|nt of a winding|up, such an|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
f|2022|Funds
6|2021|
||Donations|||||||
||Donations|||965,693|965,693|658,565|658,565|
||Child Care|Fees||2,224,772|2,224,772|2,344,229|2,344,229|
||Grants|||||||
||Grants funding||receivable|1,017,443|1,017,443|1,084,069|1,084,069|
||Government|grant income||||83,456|83,456|
|||||4,207,908|4,207,908|4,170,319|4,170,319|
|6.|Charitable|activities||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds
E|2022
6|Funds
f|2021|
||Rental income|||7,530|7,530|7,975|7,975|
|7.|Costs ofraising||donations|and legacies||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
|||||E||E||
||Costs of raising||donations|36,574|36,574|16,870|16,870|
##
##
##
##
##
|8.|Expenditu|r|e|on charita|ble|activities by fund type||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||||Funds|2022|Funds|2021|
|||||||6|6|F|6|
||Charitable||activities|||2,200,019|2,200,019|2,012,450|2,012,450|
||Support costs|||||1,961,227|1,961,227|1,847,049|1,847,049|
|||||||4,161,246|4,161,246|3,859,499|3,859,499|
|9.|Expenditure|||on charitable||activities by activity type||||
|||||||Activities||||
|||||||undertaken|Support|Total funds|Total fund|
|||||||directly
f|costs|2022|2021|
||Charitable||activities|||2,200,019|1,952,527|4,152,546|3,855,899|
||Governance|||costs|||8,700|8,700|3,600|
|||||||2,200,019|1,961,227|4,161,246|3,859,499|
|10.|Analysis|of||support costs||||||
|||||||||Total 2022
f|Total 2021
f|
||Staff costs|||||||1,952,527|1,843,449|
|11.|Net income|||||||||
||Net income||is stated after charging/(crediting):|||||||
|||||||||2022|2021|
|||||||||6|6|
||Amortisation|||ofintangible|assets|||13,695|12,675|
||Depreciation|||oftangible|fixed|assets||31,136|36,741|
||Operating|lease rentals||||||23,808|23,014|
|12.|Auditors|remuneration||||||||
|||||||||2022|2021|
||||||||||6|
||Fees payable|||for the audit of||the financial statements||8,700|3,600|
##
##
##
##
##
##
##
|None
of the trustees
(or any
persons
connected
benefits
from the charity during the year.
Intangible assets|with
them)
received
any
remuneration
o|
|---|---|
||Intangible|
||asset|
|Cost||
|At 1 September 2021|63,375|
|Additions|5,100|
|At 31August 2022|68,475|
|Amortisation||
|At 1 September 2021|12,675|
|Charge for the year|13,695|
|At 31August 2022|26,370|
|Carrying
amount||
|At 31August 2022|42,105|
|At 31 August 2021|50,700|
##
##
##
##
##
|Tangible fixed asse|ts||||||
|---|---|---|---|---|---|---|
|||Plant and||Motor|||
|||machinery||vehicles
f|Equipment|Total
8|
|Cost|||||||
|At 1 September 2021||227,385||40,987|175,028|443,400|
|Additions||7,709|||4,860|12,569|
|At 31August 2022||235,094||40,987|179,888|455,969|
|Depreciation|||||||
|At 1 September 2021||174,362||11,565|122,566|308,493|
|Charge for the year||15,183||7,355|8,598|31,136|
|At 31August 2022||189,545||18,920|131,164|339,629|
|Carrying
amount|||||||
|At 31August 2022||45,549||22,067|48,724|116,340|
|At 31 August 2021||53,023||29,422|52,462|134,907|
|Debtors|||||||
||||||2022|2021|
|Trade debtors|||||517,533|358,235|
|Other debtors|||||90||
||||||517,623|358,235|
|Creditors: amounts|falling due within one year||||||
||||||2022|2021|
|||||||6|
|Bank loans and overdrafts|||||11,074|10,000|
|Trade creditors|||||275,351|237,569|
|Accruals and deferred|income||||8,700|3,600|
|Obligations
under finance leases and||hire purchase|contracts||3,850|3,815|
|Other creditors|||||341,433|206,246|
||||||640,408|461,230|
|Creditors: amounts|falling due after more than||one year||||
||||||2022|2021|
|Bank loans and overdrafts|||||26,426|37,500|
|Obligations
under finance leases and||hire purchase|contracts||11,747|15,081|
||||||38,173|52,581|
##
##
##
##
##
##
##
##
##
|Finance leases|Finance leases|Finance leases|and hire|purchase contra|cts||
|---|---|---|---|---|---|---|
|The total future|||minimum|lease payments|under finance leases and hire purchase|contracts are|
|as follows:|||||||
||||||2022|2021|
||||||Z|f.|
|Not later than||1|year||3,850|3,815|
|Later than|1 year and not|||later than 5years|11,747|15,081|
||||||15,597|18,896|
##
##
##
|contribution
Government|contribution
Government|plans was 6
grants|5,331|(2021:f4,|(2021:f4,|712).||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The amounts||recognised|in the|financial||statements|for|government|grants are as follows:|||
||||||||||2022|2021||
||||||||||f|||
|Recognised||in income from donations|||and legacies:|||||||
|Government||grants income||||||||83,456||
|Analysis|of|charitable|funds|||||||||
|Unrestricted||funds||||||||||
|||||At|||||||At|
||||1 September||||||Prior year|31 August|2|
|||||2021
f.||Income
f.||Expenditure
f|adjustments
f.|022||
|General|funds|||36,991||4,215,438||(4,197,820)||54,609||
|||||At|||||||At|
||||1 September||||||Prior year|31 August|20|
|||||2020
f||Income
f||Expenditure
f|adjustments|f|21|
|General|funds||809,069|||4,178,294||(3,876,369)|(1,074,003)|36,991||
##
##
##
##
##
|Analysis|of net as|se|ts between funds|||
|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|
|||||Funds
f|2022
f|
|Tangible|fixed assets|||158,445|158,445|
|Current|assets|||574,745|574,745|
|Creditors|less than|1|year|(640,408)|(640,408)|
|Creditors|greater than||1 year|(38,173)|(38,173)|
|Net assets||||54,609|54,609|
|||||Unrestricted|Total Funds|
|||||Funds
f|2021
f|
|Tangible|fixed assets|||185,607|185,607|
|Current assets||||365,195|365,195|
|Creditors|less than|1 year||(461,230)|(461,230)|
|Creditors|greater than||1 year|(52,581)|(52,581)|
|Net assets||||36,991|36,991|
##
|Analy|sis ofchanges
in net debt||||
|---|---|---|---|---|
|||At||At|
|||1 Sep 2021
f|Cash flows
f|31Aug 2022
f|
|Cash|at bank and in hand|6,960|50,162|57,122|
|Debt|due within one year|(13,815)|(1,109)|(14,924)|
|Debt|due after one year|(52,581)|14,408|(38,173)|
|||(59,436)|63,461|4,025|
##
##
##
##
##