2021-06-30-accounts - Bonei Olam Limited

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CONTENTS			PAGES
Members ofthe Board and professional	advisers
Trustees Annual Report			2to 8
Independent auditor's report to the members			9to 12
Statement offinancial activities (incorporating		the
income and expenditure account)			13
Balance sheets			14to 15
Statement ofCash Flows			16
Notes to the financial statements			17to 26

				Unrestricted	Restricted	Total Funds	Total Funds
				Funds	Funds	2021	2020
			Note
INCOME AND
ENDOWMENTS
Charitable activities				63&568		63,568	53,923
Donations and legacies Other income				1,406,134 20,093		1,406,134 20,093	697,108 9,279
Other trading activities: Nova Health Clinic limited				11,583		11,583	4,144
TOTAL INCOME				1&501,378		1&501,378	764,454
EXPENDITURE
Expenditure on charitable activities			7/8	(846,119)	(8,163)	(854,282)	(619,383)
Expenditure on raising		funds:
Costs ofraising donations and legacies Nova Health Clinic limited			9 10	(198,419) (99,026)		(198,419) (99,026)	(68,300) (78,741)
Other Expenditure				(6,058)		(6&058)
TOTAL				(1&149,622)	(8,163)	(1,157,785)	(766,424)
NET INCOME				351,756	(8,163)	343,593	(1,970)
RECONCILIATION		OF
FUNDS
Total funds brought	forward			27,518	73,474	100,992	102,962
TOTAL FUNDS CARRIED
FORWARD				379,274	65&311	444,585	100,992

	30JUNE 2	021
				2021		2020
		Note
FIXEDASSETS
Tangible fixed assets		16			127,396	123,913
CURRENT ASSETS
Debtors		18		1,000		1,000
Cash at bank and in hand				395,373		72,309
				396,373		73,309
CREDITORS: amounts	falling due within one
year		19		30&015		46,230
NKT CURRENT ASSETS					366,358	27,079
TOTAL ASSETSLESS	CURRENT LIABILITIES				493,754	150,992
CREDITORS: amounts	falling due after more
than one year		20			49169	50000
NKT ASSETS					444,585	100,992
FUNDS OFTHK CHARITY
Restricted funds			22		65,311	73,474
Unrestricted funds			23		379,274	27,518
TOTAL CHARITY FUNDS					444,585	100,992

					2021		2020
			Note
FIXEDASSETS
Tangible fixed assets Investments			16 17			127,396 100	123,913 100
						127,496	124,013
CURRENT ASSETS
Debtors			18		5,064		1,000
Cash at bank and in hand					388,609		70,613
					393,673		71,613
CREDITORS: amounts	falling due within	one
year			19		27,415		44,670
NKT CURRENT ASSETS						366,258	26,943
TOTAL ASSETSLESS	CURRENT LIABILITIES					493,754	150,956
CREDITORS: amounts than one year	falling due after	more	20			49,169	50,000
NET ASSETS						444,585	100,956
FUNDS OF THE CHARITY
Restricted funds				22		65,311	73,474
Unrestricted funds				23		379,274	27,482
TOTAL CHARITY FUNDS						444,585	100,956

	2021	2020
		f
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	343,593	(1,970)
Adjustments for: Depreciation oftangible fixed assets Interest payable and similar charges	18,674 105	15,223 1,423
Changes in: Trade and other debtors		(1,000)
Trade and other creditors	(16,215)	(13,547)
Cash generated from operations	346,157	129
Interest received	(105)	(1,423)
Net cash from operating activities	346,052	(1,294)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase oftangible assets	(22,157)	(8,609)
Net cash used in investing activities	(22,157)	(8,609)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from borrowing	(831)	50,000
Net cash from financing activities	(831)	50,000
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR	323,064 72,309	40,097 32,212
CASH AND CASH EQUIVALENTS AT END OFYEAR	395,373	72,309

4.	INCOME FR	OM CHARITABLE ACTIV	ITIES
					Total Funds
			Unrestricted	Total Funds	Unrestricted
			Funds	2021	2020
			K
	Patient contributions		63,568	63,568	53,923
5.	DONATIONS	AND LEGACIES
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
	Donations
	Donations		1,376,134		1,376,134
	Grants
	Legacies Legacies		30,000		30,000
			1,406, 134		1,406,134
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
	Donations
	Donations		637,108	50,000	687,108
	Grants		10,000		10,000
	Legacies
	Legacies
			647,108	50,000	697,108

6.	OTHER TRADIN	G ACTIV	ITIES
						Total Funds
				Unrestricted	Total Funds	Unrestricted
				Funds	2021	2020
					5
	Nova Health Clinic	income		11,583	11,583	4,144
7.	COSTS OF CHARITABLE		ACTIVITIES BYFUND TYPE
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2021	2020
				t.
	Patient advice		235,569		235,569	202,868
	Patient advocacy Medical treatment	costs	16,595 514,266		16,595 516,211	11,646 375,460
	Nova Health Clinic (note 1) Support costs		1,704 77,985	8,163	7,922 77,985	8,869 20,540
			846,119	8,163	854,282	619,383

COSTS OF	CHAR	ITABLE A	CTIVITIES BYACTI	VITY TYPE
			Activities
			undertaken	Support	Total Funds	Total Funds
			directly	costs	2021	2020
				K
Patient advice			235,569	18,256	253,825	212,648
Patient advocacy Medical treatment		costs	16,595 514&266	1,286 39,854	17,881 554,120	11,646 375,460
Nova Health	Clinic		9,867	765	10,632	8,869
Governance	costs			17,824	17,824	10,760
			776,297	77,985	854,282	619,383

					Total Funds
			Unrestricted	Total Funds	Unrestricted
			Funds	2021	2020
	Fundraising costs		198&419	198,419	68,300
10.	COSTS OFOTHER TRADING ACTIVITES
					Total Funds
			Unrestricted	Total Funds	Unrestricted
			Funds	2021	2020
	Nova Health Clinic costs		99,026	99,026	78,741
11.	NET INCOME FOR THE YEAR
	This is stated after charging:			2021	2020
					t
	Depreciation oftangible fixed assets (note Foreign exchange differences	16)		18,674 139	15,223 191
12.	AUDITORS REMUNERATION
				2021	2020
	Fees payable for the audit ofthe financial	statements		9,000
13.	INDEPENDENT EXAMINATION FEES
				2021	2020
	Fees payable to the independent examiner Independent examination ofthe financial	for: statements			7,200
14.	STAFF COSTS AND EMOLUMENTS
	Total staff costs were as follows:
				2021	2020
				K
	Wages and salaries Social security costs Employer contributions to pension plans			94,178 8,910 226	79397 6,889
				83,918	82,907

culars	ofemployees:
		2021	2020
		No	No
Number	ofFull Time Staff	1	1
Number	ofPart Time Staff	3	3
		4	4

The number ofemployees	for the year fell within the following bands, were:	for the year fell within the following bands, were:
	2021	2020
	No	No
660000to669999	1

Group and company
	Short
	leasehold	Plant and
	improvements	machinery	Equipment	Sefer	Torah	Total
	6		0		6
Cost
At 1 July 2020 Additions	64,509	1,813	97,766 11,077		11,080	164,088 22,157
At 30June 2021	64,509	1,813	108,843		11,080	186,245
Depreciation At 1 July 2020 Charge for the year	15,696 6,380	1,048 191	23,431 12,103			40,175 18,674
At 30June 2021	22,076	1,239	35,534			58,849
Carrying amount At 30June 2021	42,433	574	73,309		11,080	127,396
At 30June 2020	48,813	765	74,335			123,913
INVESTMKNTS
Movement in market value
				2021		2020
				g
Market value at 1 July 2020					100	100
Market value at 30June 2021					100	100
Historical cost at 30June 2021					100	100

Analysis ofinvestments at	30June 2021 betwe	en funds
	Unrestricted	Restricted	Total Funds	Total Funds
	Funds	Funds	2021	2020
Other investments
UK Group undertakings	100		100	100

	Group		Company
	2021	2020	2021	2020
	X
Amounts owed by group undertakings Other debtors	1,000	1,000	4,064 1,000	1,000
	1,000	1,000	5,064	1,000

See note 26for related party transaction CREDITORS: Amounts falling due	s included in other within one year	debtors.
	Group		Company
	2021	2020	2021	2020
	s
Social security and other taxes Accruals and deferred income	6,415 9,000	1,470 7,200	6,415 9,000	1,470 7,200
Other creditors	14,600	37,560	12,000	36,000
	30,015	46,230	27,415	44,670

2021	2020
49,169	50,000

RESTRICTED INCO	ME FUNDS
Group and Company
	Balance at 1July 2020	Incoming resources K	Outgoing resources	Transfers	Balance at 30June 2021 8
Restricted Fund	73,474		($,163)		65,311
	Balance at	Incoming	Outgoing		Balance at
	1 July 2019	resources	resources	Transfers	31 June 2020
Restricted Fund	81,637	50,000	(8,163)	(50,000)	73,474
UNRESTRICTED INCOME FUNDS
Group
	Balance at 1July 2020	Incoming resources	Outgoing resources	Transfers	Balance at 30June 2021
			8	K
General Funds	27,518	1,501,378	(1,149,622)		379,274
	Balance at	Incoming	Outgoing		Balance at
	1 July 2019	resources	resources	Transfers	30June 2020
General Funds	21,325	714,454	(758,261)	50,000	27,518
Company
	Balance at 1July 2020	Incoming resources	Outgoing resources	Transfers	Balance at 30June 2021
		8			K
General Funds	27,4$2	1,489,795	(1,138,003)		379,274
	Balance at	Incoming	Outgoing		Balance at
	1 July 2019	resources	resources	Transfers	30June 2020
General Funds	18,543	710,310	(751,371)	50,000	27,482

Group
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2021
Tangible fixed assets Current assets	62,085 396,373	65,311	127&396 396,373
Creditors less than 1 year Creditors greater than 1 year	(30,015) (49,169)		(30,015) (49,169)
Net assets	379,274	65,311	444,585
Company	Unrestricted Funds	Restricted Funds	Total Funds 2021
Tangible fixed assets Investments	62,085 100	65,311	127,396 100
Current assets	393,673		393,673
Creditors less than 1 year Creditors greater than 1 year	(27,415) (49,169)		(27,415) (49,169)
Net assets	379,274	65,311	444,585
Group	Unrestricted Funds	Restricted Funds	Total Funds 2020
	s
Tangible fixed assets Current assets	50,439 73,309	73,474	123,913 73,309
Creditors less than 1year Creditors greater than 1 year	(46,230) (50,000)		(46,230) (50,000)
Net assets	27,518	73,474	100,992
Company	Unrestricted Funds	Restricted Funds	Total Funds 2020
Tangible fixed assets Investments	50,439 100	73,474	123,913 100
Current assets	71,613		71,613
Creditors less than 1year Creditors greater than 1 year	(44,670) (50,000)		(44,670) (50,000)
Net assets	27,482	73,474	100,956

		At 1July		At 30June
		2020	Cash flows	2021
		6		6
Cash	in hand and at bank	72,309	323,064	395473
Debt	due after one year	(50,000)	831	(49,169)
		22409	323,895	346,204

SUMMARY OF M	ANCHESTER BRANCH
		2022
Income
Donations Received		320,676
~E* Cht
Patient Advice		5,728
Medical treatment	costs	96,121
Office Costs		17,245
Fundraising Costs		63,927
Total Expenditure		183,021