2023-08-31-accounts

							Page
Trustees' annual report (incorporating				the	director's	report)
Independent	auditor's	report to	the members
Statement	offinancial	activities	(including		income and
expenditure	account)						12
Statement	offinancial	position					13
Statement	ofcash flows						14
Notes to the financial		statements					15

Registered	Registered	charity	name	name	Beis Chinuch Lebonos	Beis Chinuch Lebonos	Beis Chinuch Lebonos	Limited
Charity registration			number		1049458
Company		registration		number	02831224
Principal	office and		registered		103 High	Street
office					Waltham	Cross
					EN8 7AN
					England
The trustees
					N Spitzer
					ESpitzer
					A Schechter
					Rabbi C Teitelbaum
Company		secretary			Neil Spitzer
Auditor					Brindley Goldstein		Limited
					Chartered	accountants		& statutory	auditor
					103 High	Street
					Waltham	Cross
					Herts
					EN8 7AN

				2023	2023		2022
				Unrestricted
				funds	Total	funds	Total funds
			Note			8
Income and endowments
Donations and legacies			5	4,181,135	4,181,135		4,207,908
Charitable activities			6	12,399		12,399	7,530
Total income				4,193,534	4,193,534		4,215,438
Expenditure
Expenditure on raising funds:
Costs of raising donations		and legacies	7	11,232		11,232	36,574
Expenditure on charitable	activities		8,9	4,178,733	4,178,733		4,161,246
Total expenditure				4,189,965	4,189,965		4,197,820
Net income and net movement		in funds		3,569		3,569	17,618
Reconciliation offunds
Total funds brought forward				54,609		54,609	36,991
Total funds carried forward				58,178		58,178	54,609

31August 202	3
					2023	2022
				Note
Fixed assets
Intangible assets				15	28,410	42,105
Tangible fixed assets				16	111,535	116,340
					139,945	158,445
Current assets
Debtors				17	532,297	517,623
Cash at bank and	in hand				68,976	57,122
					601,273	574,745
Creditors: amounts		falling	due within one year	18	657,916	640,408
Net current liabilities					56,643	65,663
Total assets less	current		liabilities		83,302	92,782
Creditors: amounts		falling	due after more than one year	19	25, 124	38,173
Net assets					58,178	54,609
Funds ofthe charity
Unrestricted funds					58,178	54,609
Total charity funds				23	58,178	54,609

				2023	2022
					6
Cash flows from operating		activities
Net income				3,569	17,618
Adjustments for:
Depreciation oftangible fixed		assets		27,639	31,136
Amortisation of intangible assets				13,695	13,695
Government grant income				(7,500)
Interest payable and similar	charges			16,953	11,740
Accrued (income)/expenses				(532,297)	5,100
Changes in:
Trade and other debtors				517,623	(159,388)
Trade and other creditors				17,758	172,969
Cash generated from operations				57,440	92,870
Interest paid				(16,953)	(11,740)
Net cash from operating activities				40,487	81,130
Cash flows from investing	activities
Purchase oftangible assets				(22,834)	(12,569)
Purchase ofintangible assets					(5,100)
Net cash used in investing	activities			(22,834)	(17,669)
Cash flows from financing		activities
Proceeds from borrowings				(10,000)	(10,000)
Government grant income				7,500
Payments offinance lease	liabilities			(3,299)	(3,299)
Net cash used in financing	activities			(5,799)	(13,299)
Net increase in cash and	cash equivalents			11,854	50,162
Cash and cash equivalents		at beginning	ofyear	57,122	6,960
Cash and cash equivalents		at end ofyear		68,976	57,122

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2023	Funds	2022
			E	E	F	E
Donations
Donations			689,295	689,295	965,693	965,693
Child Care	Fees		2,276,647	2,276,647	2,224,772	2,224,772
Grants
Grants funding		receivable	1,207,693	70,400	1,017,443	1,017,443
Government	grant income		7,500	7,500
			4,181,135	4,181,135	4,207,908	4,207,908

		Unrestricted	Total	Funds	Unrestricted	Total	Funds
		Funds		2023	Funds		2022
		E		E	E
Rental	income	12,399		12,399	7,530		7,530

Costs	of	raising	donations and	legacies
				Unrestricted	Total	Funds	Unrestricted	Total	Funds
				Funds		2023	Funds		2022
						E			E
Costs	of	raising	donations	11,232		11,232	36,574		36,574

8.	Expenditu	re		on charitable	activities	by fund type
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2023 F	Funds 6	2022
	Charitable		activities			2,079,789	2,079,789	2,200,019	2,200,019
	Support costs					2,098,944	2,098,944	1,961,227	1,961,227
						4,178,733	4,178,733	4,161,246	4,161,246
9.	Expenditure			on charitable	activities	by activity type
						Activities
						undertaken	Support	Total funds	Total fund
						directly f	costs	2023 6	2022 F
	Charitable	activities				2,079,789	2,090,244	4,170,033	4,152,546
	Governance		costs				8,700	8,700	8,700
						2,079,789	2,098,944	4,178,733	4,161,246
10.	Analysis	ofsupport costs
							Analysis of
							support costs
							activity	Tota I 2023	Total 2022
							6	6	6
	Staff costs						2,090,244	2,090,244	1,952,526
11.	Net income
	Net income		is	stated after charging/(crediting):
								2023	2022
								6	F
	Amortisation		of intangible assets					13,695	13,695
	Depreciation		oftangible fixed		assets			27,639	31,136
	Operating	lease rentals							23,808
12.	Auditors	remuneration
								2023 f	2022
	Fees payable			for the audit ofthe financial statements				8,700	8,700

Staff co	sts
The total	staff costs	and		employee			benefits for the reporting			period are analysed as		follows:
											2023	2022 f
Wages and salaries											2,090,244	1,952,526
Employer	contributions			to	pension		plans				13,572	5,331
											2,103,816	1,957,857
The average head		count			of	employees		during	the year	was	294 (2022: 304).	The average
number offull-time		equivalent				employees		during the year is		analysed as follows;
											2023	2022
											No.	No.
Number	ofstaff - type		1								294	304

None of the trustees (or any persons connected with them) benefits from the charity during the year. Intangible assets	received any remuneration o
	Intangible
	6
Cost
At 1 September 2022 and 31 August 2023	68,475
Amortisation
At 1 September 2022	26,370
Charge for the year	13,695
At 31August 2023	40,065
Carrying amount
At 31August 2023	28,410
At 31August 2022	42,105

16.	Tangible fixed asset	s
			Plant and		Motor
			machinery E		vehicles f	Equipment	Total 6
	Cost
	At 1 September 2022		235,094		40,987	179,888	455,969
	Additions					22,834	22,834
	At 31August 2023		235,094		40,987	202,722	478,803
	Depreciation
	At 1 September 2022		189,545		18,920	131,164	339,629
	Charge for the year		11,388		5,517	10,734	27,639
	At 31August 2023		200,933		24,437	141,898	367,268
	Carrying amount
	At 31August 2023		34,161		16,550	60,824	111,535
	At 31August 2022		45,549		22,067	48,724	116,340
17.	Debtors
						2023	2022
							F
	Trade debtors					235,000	517,533
	Prepayments and accrued income					297,297
	Other debtors						90
						532,297	517,623
18.	Creditors: amounts	falling due within one year
						2023	2022
						E	E
	Bank loans and overdrafts					10,824	11,074
	Trade creditors					364,272	275,351
	Accruals and deferred	income				8,700	8,700
	Obligations under finance leases and hire purchase			contracts		3,850	3,850
	Other creditors					270,270	341,433
						657,916	640,408
19.	Creditors: amounts	falling due after	more than one year
						2023	2022
							6
	Bank loans and overdrafts					16,676	26,426
	Obligations under finance leases and hire purchase			contracts		8,448	11,747
						25, 124	38,173

The total f as follows:	utur	e minimum lease payments under finance le	ases and hire purchase co	ntracts are
			2023 f	2022 f
Not later than		1 year	3,850	3,850
Later than	1 year and not later than 5years		8,448	11,747
			12,298	15,597

The amounts	recog	nised in the financi	al statements for governm	ent grants are as follo	ws:
				2023	2022
				6	6
Recognised	in income from donations		and legacies:
Government	grants	income		7,500

Unrestri	cted funds
			At					At
		1	September			31	August	2
			2022	Income	Expenditure		023
			F	F	6		6
General	funds		54,609	4,193,534	(4,189,965)		58,178
			At					At
		1	September			31	August	20
			2021 f	Income 6	Expenditure F		F	22
General	funds		36,991	4,215,438	(4,197,820)		54,609

Analysis	of net as	se	ts between funds
				Unrestricted	Total Funds
				Funds	2023
				E	6
Tangible	fixed assets			139,945	139,945
Current	assets			601,273	601,273
Creditors	less than	1	year	(657,916)	(657,916)
Creditors	greater than		1 year	(25,124)	(25,124)
Net assets				58,178	58,178
				Unrestricted	Total Funds
				Funds	2022
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

Analy	sis ofchang	es in net debt
			At		At
			1 Sep 2022	Cash flows	31Aug 2023
			5	6
Cash	at bank and	in hand	57,122	11,854	68,976
Debt	due within one year		(14,924)	250	(14,674)
Debt	due after one	year	(38,173)	13,049	(25,124)
			4,025	25,153	29,178