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← Ezer Leyoldos Limited

2024-03-31-accounts

REGISTERED COMPANY NUMBER: 06829662 (England and Wales) REGISTERED CHARITY NUMBER: 1132971

EZER LEYOLDOS LIMITED (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS

EZER LEYOLDOS LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Statement of Financial Position 8 to 9
Statement of Cash Flows 10
Notes to the Statement of Cash Flows 11
Notes to the Financial Statements 12 to 20

EZER LEYOLDOS LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024

TRUSTEES

I Lichtman Ms M Schleider Ms M Sternlicht

COMPANY SECRETARY

M M Posen

REGISTERED OFFICE

REGISTERED OFFICE Unit 2 2a Northfield Road London N16 5RN REGISTERED COMPANY 06829662 (England and Wales) NUMBER

REGISTERED CHARITY 1132971 NUMBER INDEPENDENT EXAMINER Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS HSBC Bank plc 312 Seven Sisters Road Finsbury Park London N4 2AW

Page 1

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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).

REFERENCE AND ADMINISTRATIVE INFORMATION

The information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Ezer Leyoldos aims to promote stability and security among families in need, giving children a better future. Our aim is to relieve difficulties, prevent problems developing and restore stability to troubled families.

The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit.

Background

Ezer Leyoldos Ltd was established in 1981 to meet the needs of the Orthodox Jewish community in Hackney and Haringey, which now numbers over 38,000. Our particular focus remains to support vulnerable families. During the past year we have continued to provide a core offer of service for our target families..

In the last year we have succeeded in providing support to more than 59 families and approximately 335 children. This has been in no small way due to the dedication of our team and our managing director, Mr Irving Lichtman, who are constantly seeking ways to support parents who are struggling to raise families in deprived inner London boroughs.

Typically, a family receiving support is living in cramped or poorly maintained accommodation, on a low income and receipt of benefits. Many of our service users have additional mental health needs and/or have one or more children with disabilities. The aim of our organisation is to provide support to vulnerable families and to intervene at an early stage, in order to prevent more complex and extensive problems from developing.

CARE QUALITY COMMISSION

We continue to be registered with the CQC (Care Quality Commission), providing a framework and inspection overview for our Home Care service.

Page 2

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENT AND PERFORMANCE Charitable activities Family Support

CHILDREN WITH DISABILITIES

Our small team of Family Facilitators, has continued to offer a culturally sensitive service. They provided practical and emotional home-based support to families facing difficulties such as mental ill health, illness, disability, or managing children with challenging behaviours, on as short- or long-term basis. Some also attended school or health meetings with parents to advocate on their behalf. In 2023-24, 19 families were supported by a facilitator.

All our facilitators received regular supervision from the two experienced Client Services Coordinators and the Service Manager, resulting in a professional and well-coordinated service.

Ezer continued to work in partnership with the professionals that make up the Multi Agency Team (MAT) at Oldhill and Woodberry Down Children's Centres in Hackney, to improve early help services delivered to families in the community. In the past year we supported 15 families, with 79 children.

Ezer continued to be commissioned by Hackney Children's Services as a preferred provider to deliver culturally appropriate, intensive family support services at Tier 3, to families living in the borough. This support has continued to bring about positive outcomes for the 6 families we were supporting, preventing family breakdown and ensuring the safety of children at risk and bridging the relationship with statutory services.

In September 2023, Ezer's contract with Haringey expired, but until a new strategic commissioner came into post in 2024, work continued. Since then, there have been various meetings with the commissioning team, to discuss whether a further family support service contract will be agreed.

Overall, the cost of running our Family Support Service in 2023-24 was £260k with only 21% funded by local authority contracts.

SHORT BREAKS

From April 2023- March 2024, Ezer provided 1:1 support in the community to 91 children aged 5-18. 27 new children were referred to the service in the year.

ADULT SERVICES

Ezer continued to be commissioned by Hackney Adult Services, on a spot purchase basis, to provide Family Support and Home Care services. We supported 3 families. Ezer provided support to the carer, ensuring that all required paperwork was completed for CQC inspection purposes.

THERAPEUTIC SERVICES

Ezer Leyoldos continued to offer culturally appropriate therapeutic service to vulnerable children and families within the community who would otherwise not avail themselves of this support. We have developed a data base of skilled and qualified therapists from within the community, including family therapists, child and adolescent therapists, and marital counsellors who support these clients on a sessional basis. In the last year, 200 sessions of counselling were provided by at a cost of £20,000.

PRE AND POST NATAL SUPPORT

The pre and post-natal support service included volunteer support, cleaning and the provision of hot meals. Unfortunately, as this service was funded solely by the community and donations had declined, we were forced to cut back on cleaning provided. Nevertheless in 2023-4 we supported 14 families, with 67 children, where the mother was incapacitated due to a pregnancy related illness or was convalescing following a new birth, as well as those who were overwhelmed and having difficulty in managing their large families. We continued to provide a meals service, sending out 5120 portions of food, although it became more of a challenge to get some basic items donated.

VOLUNTEER SUPPORT

Volunteer support was also reduced this year as the local school was only able to provide a few students to help out and we were unable to attract any new more mature ladies.

Page 3

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

WORKING IN PARTNERSHIP

Haringey Triangle Centre - In March 2023 Ezer appointed another community worker for the Orthodox Jewish Community of Haringey, commissioned by the Triangle Children's Centre, on a year's contract. Building on the success of the previous worker, a variety of play based and outreach services were offered. From April 2023 after-school play and stay sessions began and by the end of July, the number of Charedi families using the Childre n's centre services had increased.

Ezer's Service Manager continued supporting the Triangle to strengthen our partnership working and remains part of the Triangle Management Advisory board.

Hackney Family Hubs - Hackney family hub developments continued, bringing together a range of services to provide family support for children 0 to 19 years. Ezer's service manager continued to attend the monthly operational impleme ntation groups.

In addition, Ezer had an ongoing presence on the Charedi Women's Health Alliance, the Maternity Services group and The Haringey Children and Young People Strategy Group Meeting, all facilitated by Interlink. Ezer's Service Manager attended forums /workshops at Hackney Council for Voluntary Services and Ezer continued to support the delivery of Koach Parenting sessions, by hosting their Fathers Groups.

Cultural awareness training - In September and November 2023 our Client Services Coordinators cultural awareness training to Harin gey CAMHS and a Hackney Health Visiting team.

RESCUING CHILDREN, SAVING FAMILIES (Lehatzel)

Ezer Leyoldos has continued to assist specific cases relating to families who have been involved in legal claims. Substantial legal fees have been incurred to assist the families.

FINANCIAL REVIEW

Financial position

During 2023-24 Ezer continued to significantly improve the lives of local Orthodox Jewish families. Feedback from clients about care provision has been consistently positive. The organisation remains a trusted provider of services for children and families, both amongst statutory providers and in partnership with other voluntary organisations.

Reserves policy

The trustees ensure that sufficient reserves are kept to cover foreseeable demands.

FUTURE PLANS

The charity plans to continue its activities subject to satisfactory incoming resources.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 25th February 2009.

Recruitment and appointment of new trustees

The power to appoint new trustees is vested in the board. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.

Page 4

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Management Committee, which meets quarterly, has seven members, who in their professional capacities include a school principal/rabbi, community welfare adviser, psychotherapist and educational psychologist. Their combined experience as professionals in their working lives together with their roles as parents and grandparents in the community, helps us to remain focused and in touch with the needs of our service users. We present the report of the past year's activities.

STAFFING AND ORGANISATIONAL STRUCTURE

In 2023-24 there were no changes to our core staff team and the organisational structure remained the same.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees have put in place systems to identify risks and review the systems regularly.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 9 January 2025 and signed on its behalf by:

I Lichtman - Trustee

Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EZER LEYOLDOS LIMITED

Independent examiner's report to the trustees of Ezer Leyoldos Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

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

Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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 accounts 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 accounts to be reached.

E Meyer FCA BSc

Sugarwhite Meyer HS Ltd First Floor 94 Stamford Hill London N16 6XS

9 January 2025

Page 6

EZER LEYOLDOS LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
EXPENDITURE ON
Raising funds
3
Charitable activities
4
Family Support
Provision of meals
Family Specific Assist-Professional Help
Short breaks
General grants
Support costs
Governance costs
Care Package
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
665,201
17,852
10,130
3,028
289,431
10,937
17,025
280,314
9,206
93,110
731,033
(65,832)
(106,570)
(172,402)		 Restricted
fund
£
332,759
-
-
-
-
41,949
-
-
-
304,513
346,462
(13,703)
13,703
-		 2024
Total
funds
£
997,960
17,852
10,130
3,028
289,431
52,886
17,025
280,314
9,206
397,623
1,077,495
(79,535)
(92,867)
(172,402)		 2023
Total
funds
£
999,352
21,077
28,667
2,945
178,210
57,919
15,808
283,231
17,213
383,837
988,907
10,445
(103,312)
(92,867)

The notes form part of these financial statements

Page 7

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

STATEMENT OF FINANCIAL POSITION 31 MARCH 2024

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS/(LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
13
NET ASSETS/(LIABILITIES)
FUNDS
16
Unrestricted funds:
Charitable
General
Restricted funds:
Restricted Funds
TOTAL FUNDS		 2024
£
12,524
101,286
4,519
105,805
(257,234)
(151,429)
(138,905)
(33,497)
(172,402)
-
(172,402)
(172,402)
-
(172,402)		 2023
£
12,524
279,889
70,410
350,299
(416,638)
(66,339)
(53,815)
(39,052)
(92,867)
(106,570)
-
(106,570)
13,703
(92,867)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

Page 8

EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662)

STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2024

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

The financial statements were approved by the Board of Trustees and authorised for issue on 9 January 2025 and were signed on its behalf by:

I Lichtman - Trustee

The notes form part of these financial statements

Page 9

EZER LEYOLDOS LIMITED

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Sale of tangible fixed assets
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end
of the reporting period
2		 2024
£
15,258
(8,087)
7,171
(947)
(947)
(5,555)
(5,555)
669
(45,120)
(44,451)		 2023
£
11,596
(7,030)
4,566
-
-
(5,556)
(5,556)
(990)
(44,130)
(45,120)

The notes form part of these financial statements

Page 10

EZER LEYOLDOS LIMITED

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest paid
Decrease in debtors
Decrease in creditors
Net cash provided by operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
Total cash and cash equivalents
3.
ANALYSIS OF CHANGES IN NET DEBT		 2024
£
(79,535)
-
947
8,087
178,603
(92,844)
15,258
2024
£
4,519
(48,970)
(44,451)		 2023
£
10,445
2,210
-
7,030
81,026
(89,115)
11,596
2023
£
70,410
(115,530)
(45,120)
At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank 70,410 (65,891) 4,519
Bank overdrafts (115,530) 66,560 (48,970)
(45,120) 669 (44,451)
Debt
Debts falling due within 1 year (5,556) - (5,556)
Debts falling due after 1 year (34,722) 5,555 (29,167)
(40,278) 5,555 (34,723)
Total (85,398) 6,224 (79,174)

The notes form part of these financial statements

Page 11

EZER LEYOLDOS LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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.

Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

Taxation

The charity is exempt from corporation tax on its charitable activities.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the amount expected to be received or paid and not discounted.

Page 12

EZER LEYOLDOS LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

There are no material uncertainties about the charity's ability to continue.

2.

DONATIONS AND LEGACIES

Unrestricted
funds
£
Donations
646,521
Grants
18,680
665,201		 Restricted
funds
£
301,514
31,245
332,759		 2024
Total
funds
£
948,035
49,925
997,960		 2023
Total
funds
£
884,052
115,300
999,352

Grants received, included in the above, are as follows:

Grants- Family support
Other Grants
London Borough of Haringey
Other grants		 2024
£
-
1,540
-
48,385
49,925		 2023
£
22,837
65,549
26,914
-
115,300

Page 13

EZER LEYOLDOS LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

3. RAISING FUNDS

Raising donations and legacies

Unrestricted
Restricted
funds
funds
£
£
Consultants and fund raising costs
17,068
-
Advertising, brochures and leaflets
784
-
17,852
-		 2024
Total
funds
£
17,068
784
17,852		 2023
Total
funds
£
20,016
1,061
21,077

4. CHARITABLE ACTIVITIES COSTS

Grant
funding of
activities
Direct
(see note
Costs
5)
£
£
Family Support
500
-
Provision of meals
3,028
-
Family Specific Assist-Professional
Help
289,431
-
Short breaks
41,950
-
General grants
-
17,025
Support costs
-
-
Governance costs
-
-
Care Package
385,699
-
720,608
17,025
GRANTS PAYABLE
General grants
The total grants paid to institutions during the year was as follows:
General purpose
Advancement of religion
Social welfare
Relief of poverty
Advancement of education
The total grants paid to individuals during the year was as follows:
Social welfare		 Support
costs (see
note 6)
£
9,630
-
-
10,936
-
280,314
9,206
11,924
322,010
2024
£
17,025
2024
£
-
-
-
-
-
-
2024
£
17,025		 Totals
£
10,130
3,028
289,431
52,886
17,025
280,314
9,206
397,623		 Totals
£
10,130
3,028
289,431
52,886
17,025
280,314
9,206
397,623
1,059,643
2023
£
15,808
2023
£
1,000
7,910
5,288
1,110
500
15,808
2023
£
-

5. GRANTS PAYABLE

Page 14

EZER LEYOLDOS LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

6. SUPPORT COSTS

SUPPORT COSTS
Management
£
Family Support
9,630
Short breaks
10,936
Support costs
248,660
Governance costs
146
Care Package
11,924
281,296		 Other
£
-
-
1,050
-
-
1,050		 Governance
Other 2
costs
£
£
-
-
-
-
-
30,604
947
8,113
-
-
947
38,717		 Totals
£
9,630
10,936
280,314
9,206
11,924
322,010

Support costs, included in the above, are as follows:

Management

Wages
Social security
Pensions
Rent,rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Repairs and renewals
Refreshments and staff welfare
Depreciation of tangible and heritage
assets
Governance
costs
£
Wages
-
Social security
-
Pensions
-
Rent,rates and water
-
Insurance
-
Light and heat
-
Telephone
-
Postage and stationery
-
Repairs and renewals
-
Refreshments and staff welfare
146
Depreciation of tangible and heritage
assets
-
146		 Family
Support
£
4,553
-
-
-
-
-
-
-
5,077
-
-
9,630
Care
Package
£
11,924
-
-
-
-
-
-
-
-
-
-
11,924		 Short
breaks
£
10,936
-
-
-
-
-
-
-
-
-
-
10,936
2024
Total
activities
£
242,774
1,390
1,586
16,500
5,242
620
4,098
1,743
7,197
146
-
281,296		 Support
costs
£
215,361
1,390
1,586
16,500
5,242
620
4,098
1,743
2,120
-
-
248,660
2023
Total
activities
£
251,941
(2,488)
1,466
48,084
4,839
632
4,460
2,156
25,417
133
2,210
338,850

Page 15

EZER LEYOLDOS LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

6. SUPPORT COSTS - continued Other

Sundries
Other 2
Loss on sale of tangible fixed assets
Governance costs
Independent examiner's fee
Independent examiner's other fees
General expenses
Motor and travel
Bookkeeping
Bank interest
Bank loan interest		 2024
2023
Support
Total
costs
activities
£
£
1,050
-
2024
2023
Governance
Total
costs
activities
£
£
947
-
2024
2023
Support
Governance
Total
Total
costs
costs
activities
activities
£
£
£
£
1,440
-
1,440
1,320
4,500
-
4,500
3,780
4,777
26
4,803
4,647
18,855
-
18,855
2,787
1,032
-
1,032
2,018
-
8,087
8,087
5,947
-
-
-
1,083
30,604
8,113
38,717
21,582

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Depreciation - owned assets - 2,210
Deficit on disposal of fixed assets 947 -

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

9. AVERAGE STAFF NUMBERS

Average number of staff in the year was 16 (2023- 45)

10. TANGIBLE FIXED ASSETS

COST
At 1 April 2023 and 31 March 2024
DEPRECIATION
At 1 April 2023 and 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Grants receivable
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Trade creditors
Social security and other taxes
NEST Penions
Net Wages control
Other creditors
Accruals and deferred income		 2024
£
22,862
78,424
101,286
2024
£
54,526
51,556
(4,451)
285
92,399
54,269
8,650
257,234		 Fixtures
and
fittings
£
46,526
34,002
12,524
12,524
2023
£
201,465
78,424
279,889
2023
£
121,086
153,875
-
-
29,828
104,039
7,810
416,638

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans (see note 14) 29,167 34,722
Social security and other taxes 4,330 4,330
33,497 39,052
14. LOANS
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year on demand:
Bank overdrafts 48,970 115,530
Bank loans 5,556 5,556
54,526 121,086
Amounts falling due between two and five years:
Bank loans - 2-5 years 22,222 22,222
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal 6,945 12,500
15. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024 2023
Unrestricted Restricted Total Total
funds fund funds funds
£ £ £ £
Fixed assets 12,524 - 12,524 12,524
Current assets 105,805 - 105,805 350,299
Current liabilities (257,234) - (257,234) (416,638)
Long term liabilities (33,497) - (33,497) (39,052)
(172,402) - (172,402) (92,867)
16. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£ £ £
Unrestricted funds
General (106,570) (65,832) (172,402)
Restricted funds
Restricted Funds 13,703 (13,703) -
TOTAL FUNDS (92,867) (79,535) (172,402)

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General 665,201 (731,033) (65,832)
Restricted funds
Restricted Funds 332,759 (346,462) (13,703)
TOTAL FUNDS 997,960 (1,077,495) (79,535)
Comparatives for movement in funds
Net
movement At
At 1.4.22 in funds 31.3.23
£ £ £
Unrestricted funds
Charitable (117,016) 10,446 (106,570)
Restricted funds
Restricted Funds 13,704 (1) 13,703
TOTAL FUNDS (103,312) 10,445 (92,867)
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Charitable 425,865 (415,419) 10,446
Restricted funds
Restricted Funds 573,487 (573,488) (1)
TOTAL FUNDS 999,352 (988,907) 10,445

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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

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