REGISTERED COMPANY NUMBER: 07330341 (England and Wales) REGISTERED CHARITY NUMBER: 1138167
EZER BEKOVOID LIMITED (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS
EZER BEKOVOID LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Report of the Trustees | 2 | to | 3 |
| Report of the Independent Auditors | 4 | to | 6 |
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 16 |
EZER BEKOVOID LIMITED
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2023
TRUSTEES
A Langberg J A Ost J Teitelbaum B Goldstein
REGISTERED OFFICE 6 Grosvenor Way London E5 9ND REGISTERED COMPANY 07330341 (England and Wales) NUMBER REGISTERED CHARITY 1138167 NUMBER AUDITORS Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS BANKERS United Mizrahi Tefahot Bank Ltd 30 Old Broad Street London EC2N 1HQ
Page 1
EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023
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 October 2023. 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
Reference and administrative information is shown on page 1 of the financial statements and forms part of this report.
OBJECTIVES AND ACTIVITIES
Objectives and aims for public benefit
The objects of the charity are the advancement of the Orthodox Jewish Faith, advancement of education, relief of poverty and such other purposes as are recognised by English Law as charitable.
The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives. The charity carries out its objects by grantmaking.
Grant making policy
All applications to the charity for grants are considered carefully by the trustees at regular meetings. On most occasions, if the trustees feel that the application meets their approval in principle, they will meet applicants face to face and discuss with them details of the application. The trustees usually then have a further meeting before making a decision as to whether assistance should be granted, and if so, to what level. All grants must be approved by the unanimous agreement of the Trustees.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity receives its income from donations. There was a 48% increase in donations although the trustees reduced grantmaking by 18%. The main grant recipients were the Keser Malchus Girls' School and Bachatzros Kodshecho Boys' School. Grants were also provided to individuals who found themselves in particular financial hardship.
FINANCIAL REVIEW
Reserves policy
The trustees do not seek to maintain significant levels of reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end were £724,785 (2022 - £21,534).
FUTURE PLANS
The trustees anticipate that the charity will continue on a similar basis in the foreseeable future subject to satisfactory income and there are no plans for any major changes.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 29 July 2010.
Organisational structure
The day to day affairs of the charity are administered by the trustees. The power to appoint new trustees is vested in the trustees. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures.
Risk management
The trustees have reviewed the major risks to which the charity is exposed and confirm that they have established systems to mitigate them.
Page 2
EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2023
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Ezer Bekovoid Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charity SORP;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
-
there is no relevant audit information of which the charitable company's auditors are unaware; and
-
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
The auditors, Sugarwhite Meyer Accountants Ltd, will be proposed for re-appointment at the forthcoming Annual General Meeting.
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 April 2025 and signed on its behalf by:
J Teitelbaum - Trustee
Page 3
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF EZER BEKOVOID LIMITED
Opinion
We have audited the financial statements of Ezer Bekovoid Limited (the 'charitable company') for the year ended 31 October 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
-
In our opinion the financial statements:
-
give a true and fair view of the state of the charitable company's affairs as at 31 October 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
-
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 4
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF EZER BEKOVOID LIMITED
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
-
adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
certain disclosures of trustees' remuneration specified by law are not made; or
-
we have not received all the information and explanations we require for our audit; or
-
the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 5
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF EZER BEKOVOID LIMITED
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In performing an audit, we exercise professional judgment and maintain professional scepticism throughout the audit.
We also identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than one for one resulting from error, as fraud may involve collusion, forgery, intentional omissions misrepresentation or override of internal control.
We obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of charity's internal control.
We evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements
We concluded whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about charity's ability to continue as a going concern for a reasonable period of time.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
E Meyer FCA BSc (Senior Statutory Auditor) for and on behalf of Sugarwhite Meyer Accountants Ltd Chartered Accountants & Statutory Auditor First Floor 94 Stamford Hill London N16 6XS
9 April 2025
Page 6
EZER BEKOVOID LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 OCTOBER 2023
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds 4 Charitable activities 5 Grantmaking Support Total Net gains/(losses) on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2023 Unrestricted funds £ 1,757,447 46 1,757,493 8,151 1,006,326 39,585 1,054,062 - 703,431 21,354 724,785 |
2022 Total funds £ 1,185,165 11 1,185,176 10,569 1,204,589 43,515 1,258,673 (29,484) (102,981) 124,335 21,354 |
|---|---|---|
CONTINUING OPERATIONS
The statement of financial activities includes all gains and losses arising in the year.
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 7
EZER BEKOVOID LIMITED (REGISTERED NUMBER: 07330341)
BALANCE SHEET 31 OCTOBER 2023
| Notes CURRENT ASSETS Debtors 11 Cash at bank CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 13 NET ASSETS/(LIABILITIES) FUNDS 15 Unrestricted funds: General fund TOTAL FUNDS |
2023 Total funds £ 3,914,115 44,546 3,958,661 (837,878) 3,120,783 3,120,783 (2,395,998) 724,785 724,785 724,785 |
2022 Total funds £ 3,104,115 50,376 3,154,491 (837,527) 2,316,964 2,316,964 (2,295,610) 21,354 21,354 21,354 |
|---|---|---|
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 April 2025 and were signed on its behalf by:
J Teitelbaum - Trustee
The notes form part of these financial statements
Page 8
EZER BEKOVOID LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2023
| Notes Cash flows from operating activities Cash generated from operations 1 Interest paid Net cash used in operating activities Cash flows from investing activities Purchase of investment property Sale of fixed asset investments Sale of investment property Interest received Net cash provided by investing 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 |
2023 £ 19,096 (29,377) (10,281) - - - 46 46 (10,235) 50,276 40,041 |
2022 £ (911,283) (18,318) (929,601) (25,848) (29,484) 1,025,848 11 970,527 40,926 9,350 50,276 |
|---|---|---|
The notes form part of these financial statements
Page 9
EZER BEKOVOID LIMITED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2023
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Losses on investments Interest received Interest paid Increase in debtors Increase in creditors Net cash provided by/(used in) 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 FUNDS |
2023 £ 703,431 - (46) 29,377 (810,000) 96,334 19,096 2023 £ 44,546 (4,505) 40,041 |
2022 £ (102,981) 29,484 (11) 18,318 (880,069) 23,976 (911,283) 2022 £ 50,376 (100) 50,276 |
|---|---|---|
| At 1.11.22 Cash flow At £ £ Net cash Cash at bank 50,376 (5,830) Bank overdraft (100) (4,405) 50,276 (10,235) Total 50,276 (10,235) |
31.10.23 £ 44,546 (4,505) 40,041 40,041 |
|---|---|
The notes form part of these financial statements
Page 10
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023
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.
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.
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.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
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.
Going Concern
There are no material uncertainties about the charity's ability to continue.
Page 11
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| £ | £ | ||
| Donations | 1,757,447 | 1,185,165 | |
| 3. | INVESTMENT INCOME | ||
| 2023 | 2022 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| £ | £ | ||
| Deposit account interest | 46 | 11 | |
| 4. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 2023 | 2022 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| £ | £ | ||
| Fundraising costs | 296 | 487 | |
| Visit of Grand Rabbi | - | 1,881 | |
| Office expenses | 2,100 | 2,488 | |
| Travelling expenses | 3,671 | 726 | |
| Printing, postage and advertising | 2,084 | - | |
| 8,151 | 5,582 | ||
| Investment management costs | |||
| 2023 | 2022 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| £ | £ | ||
| Insurance | - | 447 | |
| Rates | - | 4,118 | |
| Property repairs | - | 422 | |
| - | 4,987 | ||
| Aggregate amounts | 8,151 | 10,569 |
Page 12
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023
5. CHARITABLE ACTIVITIES COSTS
| Grant funding of activities (see note 6) £ Grantmaking 1,006,326 Support - 1,006,326 6. GRANTS PAYABLE Grantmaking The total grants paid to institutions during the year was as follows: Advancement of education Relief of poverty Advancement of religion Bechatzros Kodshecho Keter Malchus Others under £14,000 The total grants paid to individuals during the year was as follows: Relief of poverty Medical |
Support costs (see note 7) £ - 39,585 39,585 2023 £ 1,006,326 2023 £ 241,077 13,380 708,051 962,508 497,617 451,316 13,575 962,508 2023 £ 42,740 1,078 43,818 |
Totals £ 1,006,326 39,585 |
Totals £ 1,006,326 39,585 |
|
|---|---|---|---|---|
| 1,045,911 | ||||
| 2022 £ 1,204,589 |
||||
| 2022 £ 1,051,171 - 24,394 |
||||
| 1,075,565 | ||||
| 2022 £ 129,024 - |
||||
| 129,024 |
Page 13
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023
7. SUPPORT COSTS
8.
| Management £ Support 1,003 Support costs, included in the above, are as follows: Telephone Sundries Bank charges Interest payable and similar charges Auditors' remuneration Auditors' remuneration for non audit work General expenses NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Auditors' remuneration Auditors' remuneration for non audit work |
Governance Finance costs Totals £ £ £ 30,627 7,955 39,585 2023 2022 Total Support activities £ £ 996 1,416 7 13,929 1,250 1,452 29,377 18,318 3,480 3,480 3,720 4,200 755 720 39,585 43,515 2023 2022 £ £ 3,480 3,480 3,720 4,200 |
|---|---|
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 October 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2023 nor for the year ended 31 October 2022.
10. AVERAGE STAFF NUMBERS
The average number of staff in the year was Nil (2022 - Nil)
Page 14
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023
11. DEBTORS
| Amounts falling due within one year: Other debtors Amounts falling due after more than one year: Other debtors Aggregate amounts |
2023 £ 2,728,640 1,185,475 3,914,115 |
2022 £ 1,918,640 |
|---|---|---|
| 1,185,475 | ||
| 3,104,115 |
Other debtors falling due after more than one year comprise secured charitable loans made to Keser Malchus, a girls' school located in Israel.
| 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 £ Bank loans and overdrafts (see note 14) 4,505 Other creditors 824,732 Accruals and deferred income 8,641 837,878 13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2023 £ Other creditors 2,395,998 14. LOANS An analysis of the maturity of loans is given below: 2023 £ Amounts falling due within one year on demand: Bank overdrafts 4,505 15. MOVEMENT IN FUNDS Net At movement 1.11.22 in funds £ £ Unrestricted funds General fund 21,354 703,431 TOTAL FUNDS 21,354 703,431 |
2022 £ 100 820,627 16,800 837,527 2022 £ 2,295,610 |
2022 £ 100 820,627 16,800 |
2022 £ 100 820,627 16,800 |
|---|---|---|---|
| 837,527 | |||
| 2022 £ 100 At 31.10.23 £ 724,785 |
2022 £ 100 |
||
| 724,785 |
Page 15
EZER BEKOVOID LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2023
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Fair value reserve TOTAL FUNDS |
Incoming resources £ 1,757,493 1,757,493 At 1.11.21 £ (259,082) 383,417 124,335 124,335 |
Resources expended £ (1,054,062) (1,054,062) Net movement in funds £ 280,436 (383,417) (102,981) (102,981) |
Movement in funds £ 703,431 703,431 At 31.10.22 £ 21,354 - 21,354 21,354 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fair value reserve TOTAL FUNDS |
Incoming resources £ 1,185,176 - 1,185,176 1,185,176 |
Resources expended £ (1,258,673) - (1,258,673) (1,258,673) |
Gains and losses £ 353,933 (383,417) (29,484) (29,484) |
Movement in funds £ 280,436 (383,417) (102,981) (102,981) |
|---|---|---|---|---|
16. RELATED PARTY DISCLOSURES
Other debtors of £2,728,640 (2022 - £1,918,640), other payments of £29,377 (2022- £18,318) and other creditors amounting to £1,433,748 (2022 - £1,314,111) are due to companies of which certain trustees of this charity have significant influence.
Page 16