Charity registration number 1131109
Company registration number 06893224 (England and Wales)
BEIS BRUCHA LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022
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 1 November | |
| 2021) | ||
| 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 FCA | |
| Landau Morley LLP | ||
| 325-327 Oldfield Lane North | ||
| Middlesex | ||
| UB6 0FX |
BEIS BRUCHA LIMITED
CONTENTS
| Page | |
|---|---|
| Trustees report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Statement of cash flows | 7 |
| Notes to the financial statements | 8 - 16 |
BEIS BRUCHA LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 30 APRIL 2022
The trustees present their annual report and financial statements for the year ended 30 April 2022.
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:
-
To preserve and protect the good health of women and their children, particularly from the Jewish Community, from across England, by providing:
-
access to a facility of supported accommodation offering physical and emotional support;
-
education in, and the health benefits, of breastfeeding;
-
information on child-rearing topics including healthcare and nutrition;
-
opportunities for new mothers to socialise and participate in social activities with other new mothers in a similar situation;
-
links to mainstream health services
-
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 postbirth, 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.
Our objectives are set to reflect our aims for the care and wellbeing of women and children. It is important to us that we maintain and enhance the care that we provide our residents.
This objective is, however, set in the context of the broader goals we set for Beis Brucha and its residents.
In setting our objectives and planning our activities, the trustees have given careful consideration to guidance issued by the Charity Commission.
Our key objectives for the year included:
-
to provide a high standard of care and support to every resident at our home.
-
to provide a safe, welcoming, nurturing, environment where our residents can gain maximum rest and relaxation during their stay.
-
to offer consistent, unconditional care, enabling residents to live in an environment that encourages positive relationships, mutual respect, trust, and consideration for others.
-
to ensure that every member of staff deliver an outstanding experience to our residents, throughout their stay, by displaying patience, attentiveness, and a can-do attitude.
-
to empower our staff to take a leadership role and make decisions in line with the objectives of Beis Brucha and in the best interest of mother and baby.
-
to recognise that many of our residents can be in a vulnerable state post-birth, and thus to display a sense of compassion and empathy at all times .
-
1 -
BEIS BRUCHA LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance
Beis Brucha has been overhauled since it’s reopening after the Covid-19 pandemic forced the closure of its doors for the first time. A new managing team have replaced the previous manager who retired after a quarter of century of service and a thorough examination of processes has been undertaken.
As part of the upgrade:
-
A new booking in system has been installed
-
New programmes for mothers have been introduced.
-
Upgrades to dining and kitchen products have been launched.
-
Introduction of a free 24-hour food and snack bar.
-
Additional voluntary training for staff and leadership has been offered.
Financial review
The charity derives its income from donations, grants and voluntary contributions paid by mothers attending the home.
During the year there was a 101% increase in income. Expenditure increased overall by 172%, with an increase in staff costs, rent & rates and food & kitchen consumables. The increase in activity was the result of the company operating at full capacity following the Covid-19 pandemic.
Incoming resources during the year totalled £914,323 (2021: £453,901) and expenditure for the year totalled £1,111,741 (2021: £409,088).
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 has been tasked to examine all expenses and seek out more economical buying processes.
Plans for future periods
The trustees anticipate that the charity will continue its work in the foreseeable future subject to satisfactory income.
Plans for the upcoming year include:
-
An overhaul of all purchases to include the opening of accounts with larger wholesale providers, allowing the organisation to buy astutely and with maximum value.
-
A full timetable for the redevelopment of the internal layout of the open area space on the ground floor of the organisation
.
-
Raising necessary funds for the building project, by visiting members of the community and to continue highlighting the importance of the institution.
-
Taking positive steps to increase the average occupancy of Beis Brucha, by introducing new and exciting programmes and increasing awareness of the benefit to all new mothers to become a resident at Beis Brucha.
-
2 -
BEIS BRUCHA LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
Structure, governance and management
The charity is a company limited by guarantee 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 R Hochhauser (Appointed 1 November 2021) Mrs C Moskovitz (Appointed 27 January 2022) Mrs N Weiss (Appointed 27 January 2022) Mr A Levison (Appointed 1 November 2021)
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 workings. 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
25 January 2023
- 3 -
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 2022.
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:
-
1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 FCA
Landau Morley LLP 325-327 Oldfield Lane North Middlesex UB6 0FX
Dated: 25 January 2023
- 4 -
BEIS BRUCHA LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 APRIL 2022
| Unrestricted Restricted funds funds 2022 2022 Notes £ £ Income from: Donations and legacies 3 882,851 31,470 Investments 4 2 - Total income 882,853 31,470 Expenditure on: Raising funds 5 21,543 - Charitable activities 6 877,104 213,094 Total expenditure 898,647 213,094 Net (expenditure)/income for the year/ Net movement in funds (15,794) (181,624) Fund balances at 1 May 2021 (20,169) 196,624 Fund balances at 30 April 2022 (35,963) 15,000 |
Total Unrestricted Restricted funds funds 2022 2021 2021 £ £ £ 914,321 452,900 1,000 2 1 - 914,323 452,901 1,000 21,543 1,298 - 1,090,198 406,604 1,186 1,111,741 407,902 1,186 (197,418) 44,999 (186) 176,455 (65,168) 196,810 (20,963) (20,169) 196,624 |
Total 2021 £ 453,900 1 |
|---|---|---|
| 453,901 | ||
| 1,298 | ||
| 407,790 | ||
| 409,088 | ||
| 44,813 131,642 |
||
| 176,455 |
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.
- 5 -
BEIS BRUCHA LIMITED
BALANCE SHEET
AS AT 30 APRIL 2022
| 2022 Notes £ Fixed assets Tangible assets 11 Current assets Debtors 12 5,106 Cash at bank and in hand 164,275 169,381 Creditors: amounts falling due within one year 13 (163,094) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after more than one year 14 Net (liabilities)/assets Income funds Restricted funds 16 Unrestricted funds |
2021 £ £ 5,633 3,434 56,415 59,849 (145,291) 6,287 11,920 (32,883) (20,963) 15,000 (35,963) (20,963) |
£ 303,991 (85,442) 218,549 (42,094) 176,455 196,624 (20,169) 176,455 |
|---|---|---|
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 2022.
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 25 January 2023
Mr R Hochhauser
Trustee
Company registration number 06893224
- 6 -
BEIS BRUCHA LIMITED
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 APRIL 2022
| Notes Cash flows from operating activities Cash generated from operations 19 Investing activities Investment income received Net cash generated from investing activities Financing activities Proceeds from new bank loans Repayment of bank loans Net cash (used in)/generated from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year |
2022 £ 2 - (7,410) |
£ 115,268 2 (7,410) 107,860 56,415 164,275 |
2021 £ 1 50,000 - |
£ 26,533 1 50,000 76,534 (20,119) 56,415 |
|---|---|---|---|---|
- 7 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022
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 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.
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..
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.
- 8 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
1 Accounting policies
(Continued)
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 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
- 9 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
3 Donations and legacies
| Unrestricted Restricted funds funds 2022 2022 £ £ Donations and gifts 589,760 - Grants 23,188 31,470 Residential care contributions 269,903 - 882,851 31,470 Grants receivable for core activities Other grants - 31,470 Coronavirus Job Retention Scheme Grant 23,188 - 23,188 31,470 |
Total Unrestricted Restricted funds funds 2022 2021 2021 £ £ £ 589,760 175,024 - 54,658 218,889 1,000 269,903 58,987 - 914,321 452,900 1,000 31,470 - 1,000 23,188 218,889 - 54,658 218,889 1,000 |
Total 2021 £ 175,024 219,889 58,987 |
|---|---|---|
| 453,900 | ||
| 1,000 218,889 |
||
| 219,889 |
4 Investments
| 5 | Unrestricted Unrestricted funds funds 2022 2021 £ £ Interest receivable 2 1 Raising funds Unrestricted Unrestricted funds funds 2022 2021 £ £ Fundraising and publicity Fundraising agents 12,881 - Advertising 8,662 1,298 Fundraising and publicity 21,543 1,298 21,543 1,298 |
Unrestricted Unrestricted funds funds 2022 2021 £ £ Interest receivable 2 1 Raising funds Unrestricted Unrestricted funds funds 2022 2021 £ £ Fundraising and publicity Fundraising agents 12,881 - Advertising 8,662 1,298 Fundraising and publicity 21,543 1,298 21,543 1,298 |
|---|---|---|
| 1,298 | ||
| 1,298 |
- 10 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
6 Charitable activities
| Staff costs Depreciation and impairment Rent and rates Insurance Light and heat Repairs and maintenance Food & kitchen supplies Nursery and home consumables Agency staff Staff training and recruitment Share of support costs (see note 7) Share of governance costs (see note 7) Analysis by fund Unrestricted funds Restricted funds |
2022 £ 366,898 298,358 50,726 3,113 20,007 51,784 200,544 17,142 40,356 835 1,049,763 33,297 7,138 1,090,198 877,104 213,094 1,090,198 |
2021 £ 289,887 1,169 (14,943) 1,962 11,772 14,354 64,080 13,689 15,840 421 398,231 5,756 3,803 407,790 406,604 1,186 407,790 |
|---|---|---|
- 11 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
7 Support costs
| Office costs Telephone Sundries Computer costs Bank charges Loan interest Consultancy fees Professional fees Legal and professional Accountancy fees Analysed between Charitable activities |
Support costs Governance costs £ £ 6,071 - 3,860 - 1,796 - 185 - 950 - 999 - 2,076 - 17,360 - - - - 7,138 33,297 7,138 33,297 7,138 |
2022 £ 6,071 3,860 1,796 185 950 999 2,076 17,360 - 7,138 40,435 40,435 |
Support costs Governance costs £ £ 924 - 2,112 - 1,609 - 1,111 - - - - - - - - - - 500 - 3,303 5,756 3,803 5,756 3,803 |
2021 £ 924 2,112 1,609 1,111 - - - - 500 3,303 |
|---|---|---|---|---|
| 9,559 | ||||
| 9,559 |
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 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 |
2022 Number 26 1 27 2022 £ 338,140 16,428 12,330 366,898 |
2021 Number 29 1 |
|---|---|---|
| 30 | ||
| 2021 £ 269,414 8,859 11,614 |
||
| 289,887 |
There were no employees whose annual remuneration was more than £60,000.
- 12 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
10 Impairments
Impairment tests have been carried out where appropriate and the following impairment losses have been recognised in the statement of financial activities.
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| In respect of: | ||
| Land and buildings | 297,364 | - |
11 Tangible fixed assets
| Freehold land and buildings Fixtures and fittings £ £ Cost At 1 May 2021 297,364 33,659 At 30 April 2022 297,364 33,659 Depreciation and impairment At 1 May 2021 - 27,032 Depreciation charged in the year - 994 Impairment losses 297,364 - At 30 April 2022 297,364 28,026 Carrying amount At 30 April 2022 - 5,633 At 30 April 2021 297,364 6,627 |
Total £ 331,023 |
|---|---|
| 331,023 | |
| 27,032 994 297,364 |
|
| 325,390 | |
| 5,633 | |
| 303,991 |
More information on the impairment arising in the year is given in note 10.
| 12 | Debtors | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Amounts falling due within one year: | £ | £ | |
| Prepayments and accrued income | 5,106 | 3,434 |
- 13 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
13 Creditors: amounts falling due within one year
| 13 Creditors: amounts falling due within one year |
||
|---|---|---|
| Bank loans Other taxation and social security Trade creditors Other creditors Accruals and deferred income 14 Creditors: amounts falling due after more than one year Bank loans |
2022 £ 9,707 82,748 62,972 - 7,667 163,094 2022 £ 32,883 |
2021 £ 7,906 69,303 60,628 3,954 3,500 |
| 145,291 | ||
| 2021 £ 42,094 |
15 Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £12,330 (2021 - £11,614).
16 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 | Movement in funds | Movement in funds | ||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |
| 1 May 2020 | resources | expended | 1 May 2021 | resources | expended | 30 April 2022 | |
| £ | £ | £ | £ | £ | £ | £ | |
| Building | 196,810 | - | (186) | 196,624 | - | (196,624) | - |
| Grants | |||||||
| receivable | - | 1,000 | 1,000 | - | 31,470 | (16,470) | 15,000 |
| 196,810 | 1,000 | 814 | 196,624 | 31,470 | (213,094) | 15,000 |
- 14 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
17 Analysis of net assets between funds
| Unrestricted funds Restricted funds 2022 2022 £ £ Fund balances at 30 April 2022 are represented by: Tangible assets 5,633 - Current assets/(liabilities) (8,713) 15,000 Long term liabilities (32,883) - (35,963) 15,000 |
Total Unrestricted funds Restricted funds 2022 2021 2021 £ £ £ 5,633 107,367 196,624 6,287 (85,442) - (32,883) (42,094) - (20,963) (20,169) 196,624 |
Total 2021 £ 303,991 (85,442) (42,094) 176,455 |
|---|---|---|
18 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 £80,721 (2021: £39,000) from The Union of Orthodox Hebrew Congregations, a charity with a common trustee.
During the year, the charity received donations totalling £110,000 from the charity's trustees.
| 19 Cash generated from operations 2022 £ (Deficit)/surpus for the year (197,418) Adjustments for: Investment income recognised in statement of financial activities (2) Depreciation and impairment of tangible fixed assets 298,358 Movements in working capital: (Increase)/decrease in debtors (1,672) Increase/(decrease) in creditors 16,002 Cash generated from operations 115,268 |
2021 £ 44,813 (1) 1,168 8 (19,455) 26,533 |
|---|---|
- 15 -
BEIS BRUCHA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 APRIL 2022
| 20 Analysis of changes in net funds At 1 Cash at bank and in hand Loans falling due within one year Loans falling due after more than one year |
May 2021 Cash flows At 30 April 2022 £ £ £ 56,415 107,860 164,275 12,094 (1,801) 10,293 (42,094) 9,211 (32,883) 26,415 115,270 141,685 |
|---|---|
- 16 -