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2021-04-30-accounts

Charity Registration No. 1131109

Company Registration No. 06893224 (England and Wales)

BEIS BRUCHA LIMITED

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021

BEIS BRUCHA LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr S Sinitsky
Mr R Hochhauser (Appointed 1 November
2021)
Mrs C Moskovitz (Appointed 27 January
2022)
Mrs N Weiss (Appointed 27 January
2022)
Mr A Levison (Appointed 27 January
2022)
Charity number 1131109
Company number 06893224
Principal address 208 Lordship Road
London
N16 5ES
Registered office 325-327 Oldfield Lane North
Greenford
Middlesex
UB6 0FX
Independent examiner Berish Hoffman ACA
Landau Morley LLP
325-327 Oldfield Lane North
Middlesex
UB6 0FX

BEIS BRUCHA LIMITED

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 - 12

BEIS BRUCHA LIMITED

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2021

The trustees present their annual report and financial statements for the year ended 30 April 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 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 objects are:

  1. To preserve and protect the good health of women and their children, particularly from the Jewish Community, from across England, by providing:

  2. access to a facility of supported accommodation offering physical and emotional support;

  3. education in, and the health benefits, of breastfeeding;

  4. information on child-rearing topics including healthcare and nutrition;

  5. opportunities for new mothers to socialise and participate in social activities with other new mothers in a similar situation;

  6. links to mainstream health services

  7. To promote any other exclusively charitable objects and purposes as the trustees see fit, provided that they are regarded as charitable by the law of England and Wales.

In line with its objectives the charity provides supported residential care for disadvantaged, vulnerable women post-birth, particularly those contending with physical disabilities, domestic abuse, mental health issues & PND. Babies are cared for in a dedicated nursery whilst mothers recuperate. Qualified nursery staff support mothers in acquiring necessary skills to care for their newborn and themselves despite their limitations.

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

Achievements and performance

The charity derives its income from donations, grants and fees charged to mothers attending the home.

The activities of the charity were reduced during the year as the home was closed for 8 months due to the Covid-19 pandemic.

Financial review

During the year there was a 20% reduction in income. Expenditure decreased overall by 39%, with a larger decrease in staff costs, rent & rates and food & kitchen consumables. The reduction in activity was due to the closure of the home for 8 months due to the Covid-19 pandemic.

Incoming resources during the year totalled £453,901 (2020: £573,136) and expenditure for the year totalled £409,088 (2020: £665,633).

At the year end unrestricted reserves were nil and the unrestricted fund was in deficit.

The trustees have appointed a team of two to proactively seek out grants that are available for organisations such as Beis Brucha Limited. The trustees have also changed the staff managing the office - the new team have been tasked to examine all expenses and seek out more economical buying processes.

BEIS BRUCHA LIMITED

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021

Plans for future periods

The ongoing Covid-19 pandemic created circumstances beyond the control of the charity. The charity was forced to close entirely from mid-March 2020 until November 2020. As per Government guidelines a partial reopen was permitted under strict health settings from mid-November until April 2021, when the home was able to fully reopen.

Other than any Covid restrictions the trustees anticipate that the charity will continue its work in the foreseeable future subject to satisfactory income.

Structure, governance and management

The charity is a company limited company and is governed by its Memorandum and Articles of Association dated 30th April 2009.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr A Edel (Resigned 1 November 2021)
Mr R Spitzer (Resigned 1 November 2021)
Mr S Sinitsky
Mr A Klein (Resigned 18 January 2021)
Mr R Hochhauser (Appointed 1 November 2021)
Mrs C Moskovitz (Appointed 27 January 2022)
Mrs N Weiss (Appointed 27 January 2022)
Mr A Levison (Appointed 27 January 2022)

The power to appoint new trustees is vested in the continuing board. New trustees are appointed based on personal competence, skills, local availability and are given, in the view of the board, sufficient training to understand the nature of the charity and its working. They are required to read the Charity Commission's 'The Essential Trustee' and are encouraged to read other Charity Commission publications. The day to day running of the home is delegated to a manager with qualified staff on the nursery side.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Risk management

The charity has identified and assessed the major risks to which it is exposed, in particular those of safety and protection of the vulnerable whilst in the Charity's care as well as the finances of the charity. The charity is satisfied that systems are in place and routinely assessed including procedures for Child Protection, Health and Safety, Vulnerable Adults Policy and Financial Management and Controls.

The trustees report was approved by the Board of Trustees.

Mr R Hochhauser Trustee

26 February 2022

BEIS BRUCHA LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF BEIS BRUCHA LIMITED

I report to the trustees on my examination of the financial statements of Beis Brucha Limited (the charity) for the year ended 30 April 2021.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

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.

Berish Hoffman ACA

Landau Morley LLP 325-327 Oldfield Lane North Middlesex UB6 0FX

Dated: 26 February 2022

BEIS BRUCHA LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income and endowments from:
Donations and legacies
2
393,913
1,000
Residential care fees
3
58,987
-
Investments
4
1
-
Other income
5
-
-
Total income
452,901
1,000
Expenditure on:
Raising funds
6
1,298
-
Charitable activities
7
406,604
1,186
Total resources expended
407,902
1,186
Net income/(expenditure)
for the year/
Net movement in funds
44,999
(186)
Fund balances at 1 May 2020
(65,168)
196,810
Fund balances at 30 April
2021
(20,169)
196,624		 Total Unrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
394,913
436,789
6,399
58,987
128,831
-
1
10
-
-
1,107
-
453,901
566,737
6,399
1,298
426
-
407,790
658,588
6,619
409,088
659,014
6,619
44,813
(92,277)
(220)
131,642
27,109
197,030
176,455
(65,168)
196,810		 Total
2020
£
443,188
128,831
10
1,107
573,136
426
665,207
665,633
(92,497)
224,139
131,642

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

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BEIS BRUCHA LIMITED

BALANCE SHEET

AS AT 30 APRIL 2021

2021
Notes
£
Fixed assets
Tangible assets
11
Current assets
Debtors
12
3,434
Cash at bank and in hand
56,415
59,849
Creditors: amounts falling due within
one year
13
(145,291)
Net current liabilities
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
14
Net assets
Income funds
Restricted funds
15
Unrestricted funds		 2020
£
£
£
303,991
305,160
3,441
7,064
10,505
(184,023)
(85,442)
(173,518)
218,549
131,642
(42,094)
-
176,455
131,642
196,624
196,810
(20,169)
(65,168)
176,455
131,642

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 April 2021.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 26 February 2022

Mr R Hochhauser Trustee

Company Registration No. 06893224

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2021

1 Accounting policies

Charity information

Beis Brucha Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 325-327 Oldfield Lane North, Greenford, Middlesex, UB6 0FX.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, 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, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. 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.

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.

Income from care fees included in the year in which it is receivable.

Donations are included in full when received.

Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.

The value of services provided by volunteers has not been included.

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021

1 Accounting policies

(Continued)

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Costs include irrecoverable VAT.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings Nil Fixtures and fittings 15% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Donations and legacies

Unrestricted
Restricted
funds
funds
2021
2021
£
£
Donations and gifts
175,024
-
Other grants
218,889
1,000
393,913
1,000		 Total Unrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
175,024
371,549
(1)
219,889
65,240
6,400
394,913
436,789
6,399		 Total
2020
£
371,548
71,640
443,188

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2021

3 Residential care fees

4
5
6		 Residential
care fees
Residential
care fees
2021
2020
£
£
Residential care fees
58,987
128,831
Investments
Unrestricted Unrestricted
funds
funds
2021
2020
£
£
Interest receivable
1
10
Other income
Total Unrestricted
funds
2021
2020
£
£
Other income
-
1,107
Raising funds
Unrestricted Unrestricted
funds
funds
2021
2020
£
£
Fundraising and publicity
Advertising
1,298
426
1,298
426		 Residential
care fees
Residential
care fees
2021
2020
£
£
Residential care fees
58,987
128,831
Investments
Unrestricted Unrestricted
funds
funds
2021
2020
£
£
Interest receivable
1
10
Other income
Total Unrestricted
funds
2021
2020
£
£
Other income
-
1,107
Raising funds
Unrestricted Unrestricted
funds
funds
2021
2020
£
£
Fundraising and publicity
Advertising
1,298
426
1,298
426
426

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2021

7 Charitable activities

Staff costs 2021
£
289,887
(14,943)
1,962
11,772
14,354
64,080
13,689
15,840
421
1,169
398,231
5,756
3,803
407,790
406,604
1,186
407,790
Support
costs
Governance
costs
£
£
2,462
-
2,102
-
3,529
-
580
-
-
-
-
3,000
-
770
8,673
3,770
8,673
3,770		 2020
£
366,141
28,474
2,359
20,489
22,745
144,304
18,087
48,594
196
1,375
Rent and rates
Insurance
Light and heat
Repairs and maintenance
Food & kitchen equipment
Nursery and home consumables
Agency staff
Staff training and recruitment
Depreciation
Share of support costs (see note 8)
Share of governance costs (see note 8)
Analysis by fund
Unrestricted funds
Restricted funds
Support costs
Support
costs
Governance
costs
£
£
Postage and stationery
924
-
Telephone
2,112
-
Sundries
1,609
-
Computer costs
1,111
-
Legal and professional
-
500
Accountancy fees
-
3,303
General expenses
-
-
5,756
3,803
Analysed between
Charitable activities
5,756
3,803		 2021
£
924
2,112
1,609
1,111
500
3,303
-
9,559
9,559
652,764
8,673
3,770
665,207
658,588
6,619
665,207
2020
£
2,462
2,102
3,529
580
-
3,000
770
12,443
12,443

8 Support costs

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2021

9 Trustees

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

10 Employees

The average monthly number of employees during the year was:

Charitable activities
Management
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2021
Number
29
1
30
2021
£
269,414
8,859
11,614
289,887		 2020
Number
29
1
30
2020
£
335,876
18,857
11,408
366,141

There were no employees whose annual remuneration was more than £60,000.

11 Tangible fixed assets

Tangible fixed assets
Freehold land
and buildings
Fixtures and
fittings
£
£
Cost
At 1 May 2020
297,364
33,659
At 30 April 2021
297,364
33,659
Depreciation and impairment
At 1 May 2020
-
25,863
Depreciation charged in the year
-
1,169
At 30 April 2021
-
27,032
Carrying amount
At 30 April 2021
297,364
6,627
At 30 April 2020
297,364
7,796		 Total
£
331,023
331,023
25,863
1,169
27,032
303,991
305,160

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2021

12 Debtors
2021 2020
Amounts falling due within one year: £ £
Prepayments and accrued income 3,434 3,441
13 Creditors: amounts falling due within one year
2021 2020
Notes £ £
Bank loans and overdrafts 7,906 27,183
Other taxation and social security 69,303 38,151
Trade creditors 60,628 95,205
Other creditors 3,954 20,000
Accruals and deferred income 3,500 3,484
145,291 184,023
14 Creditors: amounts falling due after more than one year
2021 2020
Notes £ £
Bank loans 42,094 -
15 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of
donations and grants held on trust for specific purposes:
Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 May 2019 resources expended 1 May 2020 resources expended 30 April 2021
£ £ £ £ £ £ £
Building 197,030 - (219) 196,810 - (186) 196,624
Interlink - 2,400 (2,400) - - - -
Tyseen
School - 4,000 (4,000) - 1,000 (1,000) -
197,030 6,400 (6,619) 196,810 1,000 (1,186) 196,624

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

BEIS BRUCHA LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2021

16
Analysis of net assets between funds
Unrestricted
funds
Restricted
funds
2021
2021
£
£
Fund balances at 30
April 2021 are
represented by:
Tangible assets
107,367
196,624
Current assets/
(liabilities)
(85,442)
-
Long term liabilities
(42,094)
-
(20,169)
196,624		 Total Unrestricted
funds
Restricted
funds
Total
2021
2020
2020
2020
£
£
£
£
303,991
108,349
196,811
305,160
(85,442)
(173,518)
-
(173,518)
(42,094)
-
-
-
176,455
(65,169)
196,811
131,642

17 Related party transactions

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

The charity received donations totalling £39,000 from The Union of Orthodox Hebrew Congregations, a charity with a common trustee.

At the year end, £nil (2020: £20,000) was due to The Union of Orthodox Hebrew Congregations.