| CONTENTS | PAGES | ||
|---|---|---|---|
| Members ofthe Board and professional | advisers | ||
| Trustees Annual Report | 2 to 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 27 |
| YEARENDED | 30J | ||||
|---|---|---|---|---|---|
| Reference | and administrative | details | |||
| Registered | charity name | Bonei Diam Limited | |||
| Charity registration | nuinber | 1163637 | |||
| Company | registration | number | 09649856 | ||
| Principle | office and registered | 130aNorthwold | Road | ||
| office | London | ||||
| E5 8RA | |||||
| UK | |||||
| The trustees | Mr JEnglander | ||||
| Mr C Reichberg | |||||
| Mrs EWeissman | |||||
| Mr AJSprung | |||||
| Mr AD Leitner | |||||
| Mr BRudzinski | |||||
| Mr IMoskovitz | |||||
| Company | secretary | Mr C Reichberg | |||
| Independent | auditor | Cohen Arnold | |||
| Chartered Accountants |
|||||
| &Statutory Auditor | |||||
| New Burlington | House | ||||
| 1075Finchley Road | |||||
| LONDON | |||||
| NW11 OPU |
| Y | EAR ENDED 3 | 0JUNK 2023 | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||||
| Funds | Funds | 2023 | 2022 | ||||
| Note | g | g | |||||
| INCOME AND | |||||||
| ENDOWMENTS | |||||||
| Donations and legacies |
1,197,183 | 50,000 | 1,247,183 | 1,171,232 | |||
| Charitable activities |
78,610 | 78,610 | 100,402 | ||||
| Other trading activities: | |||||||
| Nova Health Clinic | 21,357 | 21,357 | 12,984 | ||||
| Rental income | 4,550 | 4,550 | 8,725 | ||||
| TOTAL INCOME | 1,301,700 | 50,000 | 1,351,700 | 1,293,343 | |||
| EXPENDITURE | |||||||
| Expenditure on raising |
funds: | ||||||
| Costs ofraising donations | |||||||
| and legacies | 7 | 114,639 | 114,639 | 213,070 | |||
| Expenditure on charitable |
|||||||
| activities | 8/9 | 1,040,114 | 8,163 | 1,048,277 | 1,239,177 | ||
| Nova Health Clinic | 10 | 186,895 | 186,895 | 118,085 | |||
| TOTAL | 1,341,648 | 8,163 | 1,349,811 | 1,570,332 | |||
| NET (DEFICIT) / | |||||||
| SURPLUS | (39,948) | 41,837 | 1,889 | (276,989) | |||
| Transfers between | funds | 50&000 | (50,000) | ||||
| NET MOVEMENT IN | |||||||
| FUNDS | 10,052 | (8,163) | 1,889 | (276,989) | |||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought | forward | 110,448 | 57,148 | 167,596 | 444,585 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 120,500 | 48,985 | 169,485 | 167,596 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| Note | |||||||
| FIXEDASSETS | |||||||
| Tangible fixed assets | 16 | 208,372 | 175,429 | ||||
| Cl)RRENT ASSETS | |||||||
| Debtors | 18 | 3,500 | 20,000 | ||||
| Cash at bank and in hand | 33,576 | 103,343 | |||||
| 37,076 | 123,343 | ||||||
| CREDITORS: amounts | falling due within | one | |||||
| year | 19 | (42,010) | (91,893) | ||||
| NET CURRENT ASSETS | (4,934) | 31,450 | |||||
| TOTAL ASSETSLESS | CURRENT LIABILITIES | 203,438 | 206,879 | ||||
| CREDITORS: amounts | falling due after | more | |||||
| than one year | 20 | (33,953) | (39,283) | ||||
| NKT ASSETS | 169,485 | 167,596 | |||||
| FUNDS OFTHE CHARITY | |||||||
| Restricted funds | 22 | 48,985 | 57,148 | ||||
| Unrestricted funds |
23 | 120,500 | 110,448 | ||||
| TOTAL CHARITY FUNDS | 169,485 | 167,596 |
| BALANCE | BALANCE | SHEET | ||||
|---|---|---|---|---|---|---|
| 30JUNE | 2023 | |||||
| 2023 | 2022 | |||||
| Note | f | |||||
| FIXEDASSETS | ||||||
| Tangible fixed assets investments |
16 17 |
155,879 100 |
175,429 100 |
|||
| 127,496 | ||||||
| CURRENT ASSETS | ||||||
| Debtors Cash at bank and in hand |
18 | 11,215 33,526 |
22,949 100,812 |
|||
| 37,026 | 123,761 | |||||
| CREDITORS: amounts | falling due within | one | ||||
| year | 19 | (38,890) | 87,733 | |||
| NET CURRENT ASSETS | 5,851 | 36,028 | ||||
| TOTAL ASSETSLESS | Cl/RRENT LIABILITIES | 161,830 | 211,557 | |||
| CREDITORS: amounts | falling due after | more | ||||
| than one year | 20 | (33,953) | 39,283 | |||
| NET ASSETS | 127,877 | 172,274 | ||||
| FUNDS OFTHE CHARITY | ||||||
| Restricted funds Unrestricted funds |
22 23 |
48,985 78,892 |
57,148 115,126 |
|||
| TOTAL CHARITY FUNDS | 127,877 | 172,274 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| CASH FLOWS FROM | OPERATING ACTIVITIES | |||
| Net income | 1,889 | (276,989) | ||
| Adjustments for: | ||||
| Depreciation oftangible | fixed assets | 32,673 | 21,017 | |
| Interest payable and similar charges |
904 | 1,229 | ||
| Changes in: | ||||
| Trade and other debtors | 16,500 | (19,000) | ||
| Trade and other creditors | (49,883) | 61,878 | ||
| Cash generated f'rom operations |
2,083 | (211,865) | ||
| Interest received | (904) | (1,229) | ||
| Net cash from operating | activities | 1,179 | (213,094) | |
| CASH FLOWS FROM | INVESTING ACTIVITIES | |||
| Purchase oftangible assets | (65,616) | (69,050) | ||
| Net cash used in investing | activities | (65,616) | (69,050) | |
| CASH FLOWS FROM | FINANCING ACTIVITIES | |||
| Proceeds trom borrowing | (5,330) | (9,886) | ||
| Net cash from financing | activities | (5,330) | (9,886) | |
| NET INCREASE / (DECREASE) IN CASH AND | ||||
| CASH EQUIVALENTS | (69,767) | (292,030) | ||
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR | 103,343 | 395,373 | ||
| CASH AND CASH EQUIVALENTS AT END OFYEAR | 33,576 | 103,343 |
| YEARE | NDED 30JUNK 2023 | |||||
|---|---|---|---|---|---|---|
| 4. | DONATIONS | AND LEGACIES | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2023 | ||||
| Donations | ||||||
| North London | 671,160 | 50,000 | 721,160 | |||
| Northwest | London | 402,268 | 402,268 | |||
| Manchester | 61,592 | 61,592 | ||||
| Gateshead | 62,163 | 62,163 | ||||
| Legacies | ||||||
| Legacies | ||||||
| 1,197,183 | 50,000 | 1,247,183 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| Donations | ||||||
| North London | 557,391 | 10,000 | 567,391 | |||
| Northwest | London | 383,207 | 383,207 | |||
| Manchester | 116,123 | 116,123 | ||||
| Gateshead | 104,511 | 104,511 | ||||
| Legacies | ||||||
| Legacies | ||||||
| 1,161,232 | 10,000 | 1,171,232 | ||||
| 5. | INCOME | FROM CHARITABLE ACTIVITIES | ||||
| Total Funds | ||||||
| Unrestricted | Total Funds | Unrestricted | ||||
| Funds | 2023 | 2022 | ||||
| f | ||||||
| Patient contributions | 78,610 | 78,610 | 100,402 | |||
| 6. | OTHER TRADING ACTIVITIES | |||||
| Total Funds | ||||||
| Unrestricted | Total Funds | Unrestricted | ||||
| Funds | 2023 | 2022 | ||||
| f | ||||||
| Nova Health Clinic income | 21,357 | 21,357 | 12,984 | |||
| 7. | COSTS OFRAISING DONATIONS | AND LEGACIES | ||||
| Total Funds | ||||||
| Unrestricted | Total Funds | Unrestricted | ||||
| Funds | 2023 | 2022 | ||||
| f | ||||||
| Fundraising | costs | 114,639 | 114,639 | 213,070 |
| Unrestricted | Restricted | Total Funds | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| 4 | ||||||
| Patient advice | 295,242 | 295,242 | 289,892 | |||
| Patient advocacy | 22,213 | 22,213 | 39,812 | |||
| Medical | treatment | costs | 603,037 | 603,037 | 723,467 | |
| Infertility | education | &awareness | 11,316 | 11,316 | 70,118 | |
| Nova Health Clinic | 25,447 | 8,163 | 33,610 | 9,986 | ||
| Support | costs | $2,859 | 82,859 | 105,902 | ||
| 1,212,938 | 8,163 | 1,048,277 | 1,239,177 |
| 9. | COSTS OF | CHAR | ITABLE ACTIV | ITIES BYACT | IVITY TYPE | ||
|---|---|---|---|---|---|---|---|
| Activities | |||||||
| undertaken | Support | Total Funds | Total Funds | ||||
| directly | costs | 2023 | 2022 | ||||
| s | K | ||||||
| Patient advice | 295,242 | 18,504 | 313,746 | 309,826 | |||
| Patient advocacy | 22,213 | 1,392 | 23,605 | 42,550 | |||
| Medical treatment | costs | 603,037 | 44,624 | 647,661 | 780,120 | ||
| Infertility education |
&awareness | 11,316 | 709 | 12,025 | 74,939 | ||
| Nova Health | Clinic | 33,610 | 9,241 | 42,851 | 10,673 | ||
| Governance | costs | 8,389 | 8,389 | 20,000 | |||
| 965,418 | $2,859 | 1,048,277 | 1,239,177 | ||||
| 10. | COSTS OF | OTHER TRADING ACTIVITES | |||||
| Total Funds | |||||||
| Unrestricted | Total Funds | Unrestricted | |||||
| Funds | 2023 | 2022 | |||||
| f | |||||||
| Nova Health | Clinic | costs | 186,895 | 186,895 | 118,085 | ||
| 11. | NET INCOME FOR THE YEAR | ||||||
| This is stated | after charging: | ||||||
| 2023 | 2022 | ||||||
| Depreciation | oftangible fixed assets | 32,637 | 21,017 |
| 12. AUDITORS REMUNE | RATION | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Fees payable for the audit ofthe financial | statements | 5,400 | 9,000 | ||
| 13. STAFFCOSTS AND EMOLUMENTS | |||||
| Total staff costs were as follows: | |||||
| 2023 | 2022 | ||||
| f | |||||
| Wages and salaries | 134,283 | 107,171 | |||
| Social security costs | 7,618 | 8,989 | |||
| Employer contributions | to pension plans | 177 | |||
| 141,901 | 116,336 | ||||
| Particulars ofemployees: |
|||||
| 2023 | 2022 | ||||
| No | |||||
| Number ofFull Time Staff | 1 | 1 | |||
| Number ofPart Time Staff | 9 | 5 | |||
| 10 | 6 | ||||
| The number ofemployees | whose remuneration | for the year fell within the following | bands, were: | ||
| 2023 | 2022 | ||||
| No | |||||
| f60,000to f69,999 | 1 |
| TANGIBLE FIXED Group |
ASSETS | ||||
|---|---|---|---|---|---|
| Short | |||||
| leasehold | Plant and | ||||
| improvements f. |
machinery f |
Equipment | Sefer Torah | Total | |
| Cost | |||||
| At 30June 2022 | 86,197 | 1,813 | 113,785 | 53,500 | 255,295 |
| Additions | 65,616 | 65,616 | |||
| At 30June 2023 | 151,813 | 1,813 | 113,785 | 53,500 | 320,911 |
| Depreciation | |||||
| At 1 July 2022 | 29,445 | 1,383 | 47,968 | 1,070 | 79,866 |
| Charge for the year | 20,492 | 108 | 11,024 | 1,049 | 32,673 |
| At 30June 2023 | 49,937 | 1,491 | 58,992 | 2,119 | 112,539 |
| Carrying amount |
|||||
| At 30June 2023 | 101,876 | 322 | 54,793 | 51,381 | 208,372 |
| At 30June 2022 | 56,752 | 430 | 65,817 | 52,430 | 175,429 |
| any | |||||
| Short | |||||
| leasehold | Plant and | ||||
| improvements | machinery | Equipment | Sefer Torah | Total | |
| f. | 0 | ||||
| Cost | |||||
| At 30June 2022 | 86,197 | 1,813 | 113,785 | 53,500 | 255,295 |
| Additions | |||||
| At 30June 2023 | 86,197 | 1,813 | 113,785 | 53,500 | 255,295 |
| Depreciation | |||||
| At 1 July 2022 | 29,445 | 1,383 | 47,968 | 1,070 | 79,866 |
| Charge for the year | 7,369 | 108 | 11,024 | 1,049 | 19,550 |
| At 30June 2023 | 36,814 | 1,491 | 58,992 | 2,119 | 99,416 |
| Carrying amount |
|||||
| At 30June 2023 | 49,383 | 322 | 54,793 | 51,381 | 155,879 |
| At 30June 2022 | 56,752 | 430 | 65,817 | 52,430 | 175,429 |
| Movement in market value |
||
|---|---|---|
| 2023f | 2022 | |
| Market value at 1July 2022 | 100 | 100 |
| Market value at 30June 2023 | 100 | 100 |
| Historical cost at 30June 2023 | 100 | 100 |
| Analysis ofinvestments at |
30June 2023 betwe | en funds | ||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |
| Funds | Funds | 2023 | 2022 | |
| Other investments | ||||
| UK Group undertakings | 100 | 100 | 100 |
| Group | Company | |||||||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | 2023 | 2022 | |||||
| a | f | |||||||
| Amounts | owed by group | undertakings | 7,715 | 2,949 | ||||
| Prepayments | and accrued | income | 3,500 | 20,000 | 3,500 | 20,000 | ||
| 3,500 | 20,000 | 6,785 | 22,949 | |||||
| See note | 26for related party transactions | included in other |
debtors. | |||||
| CREDI | TOR | S: Amounts | falling due within | one year | ||||
| Group | Company | |||||||
| 2023 | 2022 | 2023 | 2022 | |||||
| Social security and other | taxes | 8,678 | 12,733 | 8,678 | 12,733 | |||
| Accruals | and | deferred income | 14,250 | 22,160 | 11,400 | 18,000 | ||
| Loan creditors | 18,812 | 57,000 | 18,812 | 57,000 | ||||
| 42,010 | 91,893 | 42,175 | 87,733 |
| CRE | DITO | RS: | Amounts falling d |
ue after more than on | e year | ||
|---|---|---|---|---|---|---|---|
| Group | Company | ||||||
| 2023 | 2022 f |
2023 f |
2022 | ||||
| Bank | loans | snd | overdraft | 33,953 | 39,283 | 33,953 | 39,283 |
| Group | ||||||
|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |||
| 1July 2022 | resources | resources | Transfers | 30June 2023 | ||
| 8 | ||||||
| Restricted | Fund | 57,148 | 50,000 | (8,163) | (50,000) | 48,985 |
| Balance at | Incoming | Outgoing | Balance at | |||
| 1 July 2021 | resources f |
resources f |
Transfers | 31June 2022 | ||
| Restricted | Fund | 65,311 | 10,000 | (18,163) | 57,148 | |
| Company | ||||||
| Balance at | Incoming | Outgoing | Balance at | |||
| 1July 2022 | resources | resources | Transfers | 30June 2023 | ||
| f, | ||||||
| Restricted | Fund | 57,148 | 50,000 | (58,163) | 48,985 | |
| Balance at | Incoming | Outgoing | Balance at | |||
| 1 July 2021 | resources | resources | Transfers | 31June 2022 | ||
| Restricted | Fund | 65,311 | 10,000 | (18,163) | 57,148 |
| UNRE Group |
STRICTED | INC | OME FUNDS | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |||||
| I July 2022 | resources | resources | Transfers | 30 | June 2023 | |||
| 8 | ||||||||
| General | Funds | 110,448 | 1,301,700 | (1,341,648) | 50,000 | 120,500 | ||
| Balance at | Incoming | Outgoing | Balance at | |||||
| 1 | July 2021 | resources | resources f |
Transfers f |
30June 2022 | |||
| General | Funds | 379,274 | 1,283,343 | (1,552,169) | 110,448 | |||
| Company | ||||||||
| Balance at | Incoming | Outgoing | Balance at | |||||
| 1July 2022 | resources | resources | Transfers | 30 | June 2023 | |||
| 8 | ||||||||
| General | Funds | 115,126 | 1,280343 | (1,316,577) | 78,892 | |||
| Balance at | Incoming | Outgoing | Balance at | |||||
| 1 | July 2021 | resources | resources f |
Transfers | 30June 2022 | |||
| General | Funds | 379,274 | 1,270,359 | (1,534,507) | 115,126 |
| Group | |||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | |||
| f | |||||
| Tangible fixed assets | 159,387 | 48,985 | 208,372 | ||
| Current assets | 37,076 | 37,076 | |||
| Creditors less than | 1year | (42,010) | (42,010) | ||
| Creditors greater than | 1 year | (33,953) | (33,953) | ||
| Net assets | 120,500 | 48,985 | 169,485 |
| Company | Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2023 | |||
| f. | f | ||||
| Tangible fixed assets | 106,894 | 48,985 | 155,879 | ||
| Invesunents | 100 | 100 | |||
| Current assets | 44,741 | 44,741 | |||
| Creditors less than | 1 | year | (38,890) | (38,890) | |
| Creditors greater than | 1 year | (33,953) | (33,953) | ||
| Net assets | 78,892 | 48,985 | 127,877 |
| Group | Unrestricted | Restricted | Restricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2022 | ||||||||
| f | ||||||||||
| Tangible | fixed | assets | 118,281 | 57,148 | 175,429 | |||||
| Current | assets | 123,343 | 123,343 | |||||||
| Creditors | less than 1 year |
(91,893) | (91,893) | |||||||
| Creditors | greater than | 1 year | (39,283) | (39,283) | ||||||
| Net assets | 110,448 | 57,148 | 167,596 | |||||||
| Company | Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2022 | ||||||||
| Tangible | fixed | assets | 118,281 | 57,148 | 175,429 | |||||
| Investments | 100 | 100 | ||||||||
| Current | assets | 123,761 | 123,761 | |||||||
| Creditors | less than 1year |
(87,733) | (87,733) | |||||||
| Creditors | greater than | 1 year | (39,283) | (39,283) | ||||||
| Net assets | 115,126 | 57,148 | 172,274 | |||||||
| 24. | ANALYSIS OF CHANGES IN NET DEBT | |||||||||
| Group | ||||||||||
| At 1July | At | 30June | ||||||||
| 2022 | Cash | flows | 2023 | |||||||
| Cash in | hand and at bank | 103,343 | (69,767) | 33,576 | ||||||
| Debt due after | one year | (39,283) | 5,330 | (33,953) | ||||||
| 64,060 | (64,437) | (377) | ||||||||
| 25. | OPERATING | LEASE COMMITMENTS | ||||||||
| The total | future | minimum | lease payments | under | non-cancellable operating |
leases are as follows: | ||||
| 2023 | 2022 | |||||||||
| Not later | than | 1 year | 61,480 | 51,480 | ||||||
| Later than 1 year and |
not | later than 5 years | 139,920 | 133,920 | ||||||
| Later than 5 years | 27,480 | 54,960 | ||||||||
| 228,880 | 240,360 |
| SUMMARY OF | MANCHESTER BRANCH | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Income | |||
| Donations Received |
61,717 | 103,982 | |
| Other Income | 4,550 | 5,525 | |
| ~E* At |
|||
| Medical treatment | costs | 67,835 | 142,371 |
| Patient advice and | referral costs | 32,649 | 43,570 |
| Fundraising costs |
23,177 | ||
| Total Expenditure | 100,484 | 209,118 |