2023-09-30-accounts

WITNESSING THE STRENGTH AND RESILIENCE OF OUR YOUTH

ANNUAL REPORT 2023

CHARITY REGISTRATION NUMBER: 1147599

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TABLE OF CONTENTS
ABOUT KOL BONAICH 3
OUR GOAL / MESSAGE FROM OUR TRUSTEE 4
WHO ARE AT-RISK YOUTH? 5
WHAT WE DO 6
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OUR IMPACT
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FUTURE PLANS & STRATEGY
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TRUSTEES REPORT
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INDEPENDENT EXAMINERS REPORT
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STATEMENT OF FINANCIAL ACITIVITES
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NOTES OF THE ACCOUNTS
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ABOUT KOL BONAICH

Belief in Potential: Kol Bonaich believes in the inherent power and potential within each person.

Kol Bonaich has been a steadfast presence, providing outstanding support to vulnerable & NEET young people.

Focused on Empowerment: Kol Bonaich prioritises empowering children and teenagers who are in pain or at risk

Inclusive and Hopeful: No one is overlooked at Kol Bonaich

MEET KOL BONAICH

Creating Brighter Futures: Kol Bonaich helps kids believe in themselves and make their dreams come true, even when things are tough.

Comprehensive Support: Our mission goes beyond immediate needs, aiming to ensure that no one faces their troubles alone.

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Kol Bonaich's goal is to empower individuals facing challenges by providing holistic support and fostering their inner strength to build a brighter future. We strive to be a catalyst for change, not just a safety net, guiding individuals toward a hopeful and fulfilling life.

Kol Bonaich thanks its supporters for their generosity that empowered disadvantaged youth in London. Your donations provided essential services and instilled hope, enabling these young people to dream and build a brighter future.

At Kol Bonaich, we are dedicated to serving as a vital crash pad for at-risk NEET (Not in Education, Employment, or Training) youth, providing them with a temporary refuge where they can find safety, support, and hope. Our welcoming and informal environment offers more than just a place to rest; it creates a nurturing community where young people who feel alienated or excluded can find a sense of belonging. Our youthful and relaxed atmosphere emphasises accessibility and comfort, ensuring that all basic needs are met while fostering an environment of security and warmth.

Kol Bonaich embodies the spirit of a true crash pad, offering a space where young individuals can pause, regain their footing, and find the encouragement they need to face life’s challenges. Through our robust mentorship program, we assist these youth in transitioning back into education, training, or employment, empowering them with the skills and guidance necessary for building brighter futures. Our goal is to promote a sense of belonging and resilience, helping them navigate their paths forward in a supportive environment that genuinely cares for their well-being. Together, with the support of our donors, volunteers, and community partners, we are fostering a supportive community that empowers youth to not only survive but thrive.

Thank you for your continued support and commitment to our mission. Together, we are making a difference in the lives of these young individuals, offering them hope and a path to a better future.

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WHO ARE “AT-RISK” YOUTH that we help?

Trauma:

Antisocial Behaviour:

Teens exhibiting Teens who have antisocial behaviour, experienced trauma, such as substance whether physical, abuse or addiction, emotional, or leading to a range of psychological, may be challenges including at increased risk for health problems, legal various negative issues, and impaired outcomes. social functioning.

Rejection:

Youth who are NEET (Not in Education, Employment, or Training) often feel alienated and excluded due to limited access to educational and social opportunities, which increases their risk of isolation and mental health issues.

Impoverished & isolated:

Youth who are impoverished and isolated, coming from low-income backgrounds or facing financial difficulties, and who have conduct disorders or learning disabilities, may become involved in criminal activities

Suicidal Kicked out: Ideation:

Socially vulnerable Youth who have been expelled from their teens struggling with mental health homes or schools, often leading to disorders or homelessness or overwhelming stress involvement in risky experience suicidal behaviours. thoughts or behaviours, needing immediate intervention & support.

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WHAt WE DO Kol Bonaich provides a safe haven and vital resources for London's struggling youth.

We offer NEET teens at risk a comprehensive support system, including free meals, companionship, job training, and crisis assistance, significantly improving their wellbeing, enhancing their skills, and fostering resilience to overcome challenges and build a brighter future.

Your contribution helps us empower at-risk NEET teens with comprehensive support, driving significant improvements in wellbeing, job readiness, resilience, and future success.

Kol Bonaich: Support, guidance, and encouragement for a brighter future.

Empowering London's Youth on Their Path to Success.

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Empty stomachs can't dream big! Kol Bonaich's food programs keep young bellies full and minds sharp. Grub Up & Grow Fueling Young Minds & Bodies

The streets ain't a home. Kol Bonaich offers a safe haven for youth, giving them a chance to stand tall.

Crash Pad, Not Cold Pad Escape the Streets, Find Your Feet

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EDUCATION Stuck on Learn?

Kol Bonaich provides 1-1 specialised educational programs for exceptional individuals who learn differently.

We support NEET youth as well as individuals with learning disabilities and autism spectrum disorders.

Burdens Too Big? MENTAL HEALTH SUPPORT

We provide one to one counselling for young people facing trauma, abuse, or everyday challenges.

Kol Bonaich provides professional mental health support for young people facing trauma, abuse, or just needing a helping hand.

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beneficiaries 30 weekly hours of therapy 20 weekly hours of services 40

300 freshly cooked nutritious meals per week

volunteers

OUR IMPACT At Kol Bonaich, we transform lives by supporting at-risk youth with comprehensive services

including education, mental health support, and job training. Our dedicated team empowers NEET young people to overcome challenges and achieve their potential.

Your investment can shape brighter futures.

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Music Therapy Dance Classes
Gardening Swimming Sports
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Program Outcomes In SupportIng Teens at RIsk

Unconditional Transformation

Openness to Community change: love & support: Integration:

Overcoming Meals &

Adversity nutrition:

Engagement

Our recreational and Teens at risk benefit Kol Bonaich’s one-toOur career exploration vocational programs profoundly from the one mentorship programs helped these support teens in unwavering support of programs led by teens identify their adapting to positive Kol Bonaich coaches, positive role models interests and changes, embracing educators, and positive created substantial strengths, explore new experiences, and role models, who change which various career paths, developing the skills provide assistance demonstrated the and set goals for their and confidence without judgment. This significant benefits of future education and necessary for a supportive personalised guidance employment, successful future. environment helps in helping at-risk youthenhancing their overall them overcome return to education, prospects and challenges, reduce training, and integration into isolation, and feel employment. society. valued.

Safe social and Organising programs, Access to daily free interactive fun & and experiential nutritious hot meals in entertainment, learning opportunities a supportive, warm & enhances their social broadens the horizons, welcoming skills, boosts selfexposes them to new environment esteem, and fosters experiences, and significantly improves inclusion, thereby inspires at-risk youth the health, social improving their overall to navigate and connections, and well-being and succeed despite their future prospects of quality of life. difficult challenging NEET teens at risk. circumstances, leading to positive life changes.

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Charity Registration No. 1147599

kOL bONAICH

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2023

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11<3 KOL BONAICH TRL.STEFS REPORT TAR ENDED 311 SEPTEMBER 2023 KOL BOryAICH TRUSTEES REPORT YEAR ENDED30 SEvfEMBER 2023 IContinu¢d) Th¢ tnwl¢es PTts¢Di theiT wwual re[￿ and fwanci￿ of th¢ charity foT th¢ ytaT eJ4led 30 SewoDb¢T 2023. tht yyllr. the charity fEceived dOnrtI￿ of £461.61912022 . £495.689) alld expcnsed £460.94712022- £335.1201 through cban'tsble exptndilurc and Juli￿ cosi5. re inI￿rAt1 Det Mr L Y Sch¥irn Mrs M Shechtcr MrJ P Gluck R¢5crv¢s orV(M>,589{2022-£199.917) Tewe¥ent the available fu￿1¢ th¢ y¢ar¢rAL The PTeKni level of fimdin¥ is ulequrte thc wn11￿110rt of thc Eharity's adiviti(¥. Ulil th 1147599 Cbarity Law rLyuiru the truslees Io WP•Te • Tewt ard fllwxcial ilaiernents for each finaTkcial period which Bive true and fair view of the slatt of affairs of the charity ai thc end of the year. These MUA be in accord4mce with •ppli¢8bl¢18w and regulati￿ and in &¢onlan¢¢ with Uniled Kingd(xn Gezberally A¢¢¢pt¢d A¢¢ouniing Prn¢ii¢e IUK GAAPI Re￿￿ered Om¢e 19 Moundfield RLMd London N166DT l•d¢p¢Dd¢ryt E5amlDer Kyver & Dal¢ CoDwltsnts L Suiie 101. Pride Hou Shanklin Koad London Nl 5 4FB Thc trustees nwst not approye thc fuwial Jtatcments unless thcy arc satisficd they give a Ift￿ aThl fair view of thE #ate of of the cbarity •Dd of its surplusor dEfKit for thut period In they sialern¢nt& the tnut¢¢s •re r¢quir¢d to ¥l¢¢t suitabl¢ r¢ryJniing Tkilicies, and the apply them on a CO￿Allent bJsi4 making j￿￿nIs aDd ¢#im•tex thji ar¢ ￿￿￿d¢llt #nd r¢#son¥bl¢. Th¢ tntyl¢¢J 4110 pr¢paff tk fuwxcial stsi¢uwIts th¢ going con¢ern basis unl¢i$ it is mappropri•i¢ lo pr¢$um¢ th Thc clhan'ty li a Charitablc Tru¥t and controlled by its sovtttt1￿ documL The In￿ TEperl u a rhwity with ihc Charity Commission on 14 March 2012. Thc tslJ51tt5 arr responsiblc kecpitsg ad4uatc accounting rttonls which arr 5ufficicni to show llnd cxplain tht chan"ty'5 transaction5 and dijclose. with ￿•SOnable accurncy al any time. Ihc financial position ofihc chEn'ty aT41 tnable them to ensure that the ruw￿701 staternents comply Mith Chan'ty law. The trustecs arc Tcsponshblc ror Mfe8uaTth'ns the ass¢ts and activiti¢s of th¢ Chan'ty and henc¢ takin8 reawnable step for th¢ pr¢v¢ntio •Dd d¢t¢ctiOD of ￿￿d and oth¢r irr¢gulariti¢J. Thc abovc tntsivei Mrved thmuBhout tht wiod. The Boml the pow£r to thlitiontil Al ¢onsidcts fil. Nonc of thc tW51ccs hovc any b¢nrfiri81 itt¢crE￿ iti the rhlrity ￿ddid lloi rrfciv¢ any MiumrrniiorL Th¢ Irt iovofv¢d with in th¢ oftht ¢lwn"ty. Th¢ obj¢¢ls of the ¢h•rity Awovtd on 29 ]￿Y 2024 iipcd b¢1￿1[ o(the Bowd ofTrustsU'. l. To advan¢¢ in life And help young people in need or a¢ nsk $0 u io devel￿ their skills Cawiiiu aTrJ c•pabilili¢ts and imptov¢ th¢ir¢ondItio￿ of life Énord¢Tts ¢D•bl¢ them to 8wn eryylgymwt •nd ￿ pwti¢ipe Én iociety a5 indcpendent End responsible indivithth.. 2. To provide or assisl in the pmvision of educationaL recreatxjnal and leisure tim¢ frLiJiti¢s and actiyitses foT persons who have such necd by rcason of their youtlL a8c. disability poverty or social and trol￿M circumstanccs with a vicw ofirnproYin8 thc conditions of life of such pcrsons: 3. To provide hetP, SUPPOrt and couLcllin8 for yow¥ peqile wbo at risk of &4dictiOD or depeuiaKy dru8 4mdloT alcohol abusc and to hc]p rclicve distrrm of thcir f￿111¢$ fricnth. carm thr widcr community.. 4. Thc advanccmtth of ￿ctI other objeets •¥ for the bEnefit of th¢ Fwblic r d￿rItablE to the law of En8lllnd & Waki. Thc rlwity 5ct.up in thc intrfert of hclpll)% kids in pai￿ rith. them with * mule 10 I promising hdfjlling futtw¢ by prO￿dIng them with suprory s¢ryi¢e& tr¥ining o¢tiviti¢s. Th¢ tnts1￿$ •re pleascd to rerA)rt that the slNctured ￿tivItIeS during the year have been sueccssful have pmvitsl in more de¢&il¢d mm¢nt in th¢ ¢overpog¢s orth¢ 8nnuo1 r4o)unts. The tnutets consider thai the PcrfOrnw￿ of thechazity this puiod been rnoxt xtiifxtory. The tsusteu bave identified the risks LO which thc charity may be cxwJs¢d ard systaDS have beene5tablisbed ￿ mill￿e thtst risks. Thc trustccs havc had duc rc83rd to g￿nce publi5bed by the Charity Commission. including public bcncfit gukdanct. 13

11<3 KOL BONAICU STATEMEKf OF FINAIICIAL ACnTrlTIFS YEAR EfDED 30 SEFfEMBER 2023 KOL BONAICH IYDEPLNDL%T EXAMIYERS REPORT TO THE TRLSTEES OF KOL BOYAICH YEAR EYDED 311 SEPTEIIBER 2023 2•23 2022 I r¢tMJn to th¢ tntyt¢¢g on my exami￿tion of th¢ fin¥D¢id of Kol Bo￿1¢￿ for th¢ y¢•r eoded 30 Sepiember 2023 wthicb comprise the Stalernent of Fir￿nc￿l Activiti￿ tht BalaDce Sbed and rela￿d nottt. Noies Funth Totsj F•nth Tolal FuDds tlvt R oDslbill ofthe and the Exrnln 33J.568 128,051 461.619 495,689 Thc tru¥tecJ ofthe chrity ue responsible for the prEpuioD ofthe accounts in XCOTdwMth the requiraDeDIs of thc Charitics Act 2011 I'thc ?01 l Act'l. 333 568 128 051 495 689 Having $ttttsfi¢d myself that thr lccowits of thc Charity aye not requittd ￿ be wdited uttder the Chritiu Ad ¢ elib•ibl¢ for tndcpctideni eKaminaiiM. I retM>rt Ln reswi of my ¢x#minaiion of your Lhaniy'5 a¢COllllls a5 carrLLd oui undcr seciion 145 of the (Thaniits Act ?01 I I'ihe ?01 I Aci'i. In (￿¢ rny examitiai￿ I l¥ followed the Dir¢ctiODX 8iV¢D by th¢ Tharity ComD)iuion x¢tion 145(5) (b) of th¢ 201 l A¢t. Expe#dh•rt Chariublc CXPEnditure 332.131 14.884 113.932 446.063 14.884 344.812 10,308 T•tsl ExptDdltur¢ 347015 113932 355 120 el lTh¢•me for the Year (13,447 14.119 140.569 Our examination w85 carried out in accordance the Gcnerai tknctions given by thc Clwity Commission. An cxamination includes a rrvicw of the accountin8 rrcord kept by thc charity and a CO￿ of the ac£ount5 prcscnled with th0￿ rccord5. li also includes con5idenhtion of any unusual ttcms or disclosuru in the xcounlj d thc sccking Orexpla￿tIo￿1 from thc Irusteu cortccmin8 such mattcr. Thc proc¢dwu undertaken Ik) not pnivid¢ all thc ¢videnrr thal would bc rcquwrd in wnscquffi¢Iy opinio# is to wb th¢ attounis prM¢nt a'irn¢ f•ir Vb¢W' 8Th1 tho¢ rLp)n 15 lttnit¢d t4) thox mattm 1 oul in th¢ below. TraDsfer betwern fundl el moveme•t l f•Ad• Re￿Well11t1￿M of fllnds IW.917 199.917 59,348 Tot•1 tvrltd f•rwrd 186470 199 917 Al your ¢xamin¢r must b¢ amemb¢r of • body listed tn se¢tion 145 of the 2011 A¢t, I confirni th8t l om qu•lified lo underthke the examination b¢in8 a f¢llow m¢rnb¢rof The AAJciation of Accountin8 T¢¢hni¢ians IAAT) which li one ofthe lithd both'eL Follow8 my cxamiThation. I confm that no lo my attmtirn ID with the xaThinatiOtt 8iYÈng m¢ causc to b¢licvr'. Accountin¥ wcr¢ not kLyi in rc4Xrt ofthe Clthrity U ftwiml by 130 ofthe 2011 Ad. The slatcmtnl of fuwKiai activitics includcs all Bains aTLd105scs rcco8nised in th¢ year. AII iDcomc cxpcnditure thrive from continuin8 activiiirs. 2. The xcounts do not K¢oTd with thox ffcorth: or 3. Th¢ A¢¢outsl$do noicomply with thr ￿OuntIng r¢quimnrntsofth¢2011 Ad otherthffj thai thc uccounts giv¢ • 'tN¢ and fair vi¢ ¢Oll51d¢ml of aD examtnatson. I bave no CIrfLcrf￿ have come llo othu in r0]the￿ll with the ¢A￿DInatio￿ to wbich atteDti ould be drnwn in this rfpDft in lo ell•bl¢ a prDW ofthc xwuftts ￿ bc ob j￿0b0¥51S FMAAT Inder￿dent Examincr For K>rycr & Dale Conwltants Ltd Suite 101, Pn"de House. ShaDklin Road LoDdon N15 4FB Datc= 29 July 2024 /14

11<3 KOL BofAICH NOTES TO THE ACCOUNTS YEAR LNDED 311 SEPTEMBER 2023 KOL BOLIAICH ATEME￿T OF FII%AI%CIAL POSITION YEAR LNDED JO SEVfEMBER 2023 Gtmtrl IBfonDAtlon Kol Bonaich is L clwi'table tnut 8overnedby itstrustdttd WMI is aTeBisteredcharity ID ED8knnd Theregiered office li loced ai 19 Mouthld Ror41 Lonth)n N16 6DT. 21123 Total Funds 2022 Total Notes P•lkl FJx¢d Axv¢s T4nwbl¢ 1$8¢ts 7.770 9.141 Thc accounts havc WLyarrd urdcr thc hisioriral cosl convcntion aTxI iti acrothct with thc Chuitic Ad and applirablc attouutit)8 5th1m1￿ includillg th¢ SORP (FRS 10215tsbj¢rt to the revalu￿10n of rcllain fixed ax•ets and the ￿n.￿0vIsion of dcprecialion thereorL Currtmt Aixll Dcbtots Cash at bank ￿ in h￿d 8.342 215.028 10.118 219.414 223J70 229J32 Crndlto Amowits fallin8 du¢ withiD 00¢ ye•T Gol4 Conetr The have be<D wqJ•rrd on i going COTWD basis u th¢r¢ aT¢ ￿ D¥terial ww¢rtainties about tho hanty s ability to ¢<￿t￿U¢. (iJoo) (1)￿ N¢t ¢urr¢nt ￿l¢tr TO1￿ Mtt# kB e#mnt Ihbliltlo• 237.173 All incomc is rcCo￿lS¢d in the StatcmcTht of Activitiu once the ¢lwity hu cntitlemottt to thc futsjs. It is pr￿)￿ble thc incom¢ rcctiwcd thc ran bc musurrd rcliably. Credlto Amounts fallin8 aft¢r moT¢ y¢4r 129.051) (37256 Ru••r(ts Exptmded Expcndiiurc is accounted for On an accrymls buil and be¢n classifi¢d under b¢4iDgi that asgregale all CO￿ ttlatrd ￿ the cat¢80ry. Where C￿01 be th"r¢rtly aitributed ￿ pvticulthr hcadings they havt b¢rn alkKa¢ed ￿ aaiviiies on 4 buis £onsisteni with the we orr¢you￿ts. Li8bilits¢ 4T¢ rrfogniJ¢d ￿ ¢xp¢ndiiure soon ¥ the￿ i¥ • leR•l OT ¢onstrudive obliKaiioa ¢ommittinR the ¢brity lo that eKp¢nditure, il is probabl¢ thai a tr￿8f¢r of cclthmir bEDrfits will bE iti sctt]em¢Dt WMI thc amount of thc oblioation ran be Awets 2(Kl.589 Re¢tsN¢Ul•tlon oi fuThd• Unr¢stri¢tcd tunds Rtjtricted Funds 186.470 14.119 199.917 Ttst￿ Fulldi 199,917 FuThd Ac¢ouil Unrcstrickd bE uxd in accordance with thc charithblc objeclives at thc discretson of Ihc tnLslees. R¢sInr￿d ran only be for paTh¢ulaT purpojts within th¢ objcds of thr Charity. R¢#n'rtioM arise when sp¢¢ified by the d￿0[ or when funth aTe nised for parti¢ular T¢styi¢i4MI pury$. Thcle f￿￿tIll ￿alemt￿ts were apFroved by the bowd of ￿ll￿ceS and wuthorised for ixue on 29 July 2024. wl rc ¥i8n¢d on tbeirbehalf ty.. TaDglbl¢ Awts Dcprccialion 15 Pro)Ided￿ the foilowiti8 aDttual in order kn write off cacb ovcr the u￿f￿] economie lifr of thr •Mci a¥ follo*' Fixtttres and fittth8s'. Equipmenl: Mr L Y S¢bapim Tn￿1¢¥ 15Y• on reducing ￿lance 15•/• on reducin8 balance I11C￿L /15

11<3 KOL BONAICH NOTES TO THE ACCOL'ITS. cowthryed YEAR ENDED 30 SEPTEMBER 2023 KOL BONAICH NOTES TO THE ACCOU.YTS. cDnthiotd YEAR EI4DED 30 SEPTEMBER 2823 UttMtriLX¢41 R¢rictyl Totsi Fw 2023 2•23 2022 Donations aDd 8raDts (KB) Doniong and (JCCI 3J3.568 75.5111 52.470 I?X051 409,149 52.470 461.619 8.342 10,118 333.5611 I￿5 2121 Funth 2•22 I JIKJ Donions IKBI Donions and Fants {JLCI 237J33 80.630 1771•6 25 356 317.963 177.??6 495.6119 237.333 CredllorA: m•••ts After more Ib•• •me ytAr 2•23 2422 Grants noted aF#)ve forJCC wtre FAThti received arbl expertsled for the JLC. All fi￿d$ wert held and recorded in a aeparaie bank accouni underthe chanty. (f￿11￿¥ befveEn two fve 29,051 37,745 202J 2•22 I•) Awtr¥t wnber •f •t•ff Th¢ avtM8c ttumbcr th¢ w¥ 3 {2022'. 3) 41 Ch•rttsble £xpendltsre Ed￿￿￿Onal. ¢wploymAI, m¢oth1 h￿th and w¢ll.b¢iog pro8r4¢hs Food pro8T4ms After J¢hool c￿ ￿pIt￿L￿ ¢0 187,036 186,773 72.254 108.861 194.608 41.343 h ix ihe pJlicy of thc chan'ty th I￿0¥¢ rextri¢ted to thvei¢ttd it b¢¢n Ip¢ Unrutrictsd Restricted T•t•l si Ad￿1n1VtyIdvt Indepcndenl Examine￿ f¢e¥ Ikpr¢¢iaiio11 1.371 9.738 841 1.613 6.732 463 AI 30 S¢sY¢mbef 2022 199.917 333.568 128.051 {347.015) {113.9321 199,917 461.619 {460.947} IrLt¢tMi Other co&ty Totsi fuTth 4viilthl¢ for ￿1￿1￿4$ AI JO Sept¢thr2023 io 180.470 14,119 2￿,5￿9 61 Fixtyj & Fittinp Trt Unrestrirted Restnrted Fun Cmt At 01 O¢tob¢r2022 AddiLion$ AI 30 Septenther 202J T•tAI lJ.490 At JO Sep¢ember2021 59,348 237,333 258.356 196,764) 1238.3561 59J48 495,689 {355,1201 Deprttl•th At 01 Ociober 2022 ch￿ge for the year At 30 September 2023 3J89 sss 4J49 1.371 816 Totsl anilthl¢ for ¥ti¥xii At 30 Stptettthtr2022 199,917 IW,917 Nrt BoDk Vthe At 30 S¢w¢nJbcT 2023 At 30 Septethr 2022 3.701 9.141 Donions rtteived and expeth i￿knde anmxtnts from compani&cbaritid with direcknr ustses in those ofthe Ch￿lty. 16

From Shadows to Sunlight Daniel's Story: Finding His Voice

Daniel, trapped in a silent world, found solace in Kol Bonaich. With compassionate guidance, he conquered his inner demons. Now, a symbol of resilience, he inspires others. Kol Bonaich transformed his life, proving it's more than a support system; it's a catalyst for change.

From Shadows to Spotlight David's Journey: From Street to Studio

David’s life was once a bleak canvas. The streets were his home until Kol Bonaich Youth Center became his sanctuary. Mentors guided him, and his hidden artistic talent flourished. With the center’s support, he transformed into a skilled graphic designer. David's journey is a testament to the center's power to transform lives.

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