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2020-09-30-accounts

Trustees Report and Audited Financial Statements 1[st] October 2019 – 30[th] September 2020

Chana Charity Ltd

Registered Charity Number: 1172957 Registered Company Number: 10751229 

CHANA CHARITY LTD

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020
Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 9
Statement of Financial Activities 10
Balance Sheet 11
Cash Flow Statement 12
Notes to the Cash Flow Statement 13
Notes to the Financial Statements 14 to 19

CHANA CHARITY LTD (REGISTERED NUMBER: 10751229)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2020

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 30[th] September 2020. 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).

Chana continues to ensure it has funds available to be able to help all those that required. Also, that the charity is able to operate at a professional level and implement new services when a significant need has been identified.

As a charity that is funded solely by private donations and grants, Chana takes responsibility to ensure all funds are in place before launching any new initiatives.

OBJECTIVES AND ACTIVITIES Objectives and aims

Chana supports married Jewish couples (as defined by the Office of the Chief Rabbi of the UK) with fertility related concerns and issues. This covers a wide range of areas from the inability to fall pregnant, re-occurring miscarriages, complications with birth, fertility preservation for newly diagnosed cancer patients, supporting couples with genetic issues to have children and many other areas that cause a couple issues which prevent them from having a child.

With fertility complications affecting 1 in 6 couples, Chana provides important services to allow couples to access the help they need and facilitates what can sometimes be a long, complicated and emotional journey. With the NHS provisions for fertility related matters down to its lowest in decades, and in some cases non-existent the number of couples turning to us for help is higher than ever. The cost of treatments is increasing and on average, it can cost a couple £28,000 to have the baby they always dreamt of.

Chana supports these couples and ensures the process is as easy for them as possible.

1

Chairman Report

This year has been a challenging due to Covid-19 for the world in general but in particular for those challenged with fertility problems. For a while, fertility clinics throughout the UK were closed. However, once they reopened there was and remains a backlog of work in the NHS clinics. Some couples have had to wait up to a year to have their preliminary investigations completed.

Throughout the lockdowns and the aftermaths we continued to support and care for our clients online through zoom. Service users received our support through videos, webinars, support groups and therapeutic sessions, alongside our core services. Fortunately, client feedback has been that we have been able to make a real difference to their lives.

We are always assessing new avenues for funding and working towards helping those who need it. This year we further developed our use of social media to support and provide educational material to our service users. We are currently developing our social media strategy to reap the benefits of that medium both for service users and fundraising purposes.

Our medical panel led by our in-house Scientific Officer has expanded. Our Scientific Officer has worked collaboratively with her colleagues on Government quangos, voluntary bodies and other charities to ensure our clients’ needs are heard. All contributing to Chana staying informed and up to date with advances in medicine and developing medical guidance.

We have an excellent management team and office staff who are constantly striving for the highest levels of professionalism, in both the care that we offer and the day-to-day running of Chana.

Along with my fellow trustees and management team, we have planned clear strategic growth for the short, medium and longer term and look forward to seeing the continued success.

Public benefit

The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing their aims and objectives, planning future activities and setting their grant making policies for the year.

Services

Chana offers clients a range of services based on their needs:

2

Grant making

The grant making policy is based on the trustees' decision following investigation of applicants' circumstances and with special reference to low income. This is always following full review of the couple’s medical history by the Medical Advisory Panel.

STRATEGIC REPORT

Achievement and performance 2020 Year in Review

The Covid 19 global pandemic has had an impact on everyone both professionally and personally. The shutting down of all medical services as we knew them overnight had a tremendous impact on all using services not least couples in the midst of fertility treatments. This left couples in anxious, distressed and bewildered states as no one could anticipate how long the closures would last or what services would be offered once the clinics reopened.

All our support services continued with everyone continuing to receive their therapy sessions on zoom or over the phone. We found the numbers of clients increased sharply this included new clients and some who had used our services previously were now returning in need of further emotional support. We took the opportunity to introduce some new initiative which were direct responses to the clinic shut downs and the implications of this. A support group for those directly impacted was introduced with great success.

Our special projects teams also had to adapt to new working ways in particular to having all fundraising and awareness events cancelled with neither warning or knowledge of how long it would be before these events could resume. We were able to produce a series of “wellbeing “videos for social media with the express intention of giving information on how people could look after themselves during the Lockdowns as well as reminding them that Chana services continued to be on offer. We were able to launch our newly updated website.

3

Throughout the pandemic our in-house Scientific advisor has been busy with providing up to the minute information on clinic services and closures and then assisting all with navigating the reopening of clinics. Much has changed in primary care and accessing GPs. The introduction of the Covid 19 vaccines has highlighted the need for information for different age groups and circumstances.

Fundraising

As a charity which is reliant solely on private donations, we ensure that we have the funds in place for all activities.

For the first time, due to the need to fundraise without in-person events, Chana launched a major crowdfunding campaign in July. This campaign was named “Worth Every Donation” and with the help of a huge number of supporters coming together to form 133 team, we set out to raise the most amount of donations Chana had ever seen from a single event. Over 36hrs, with the generosity of our donors, £1,184,867 was raised to support those in our community who struggle with infertility.

The annual Chana Car Rally was planned and had already been organised to go ahead in 2020. Unfortunately, it needed to be postponed as we went into lockdown. The rally will recommence as soon as restrictions are lifted and travel is permissible.

Our total income was £1,371,346 (2019: £1,164,881) and expenses were £744,613 (2019: £1,063,727) a net income of £626,733 (2019: £101,154).

Efforts were made to ensure that costs were kept down in to ensure the Charity’s future. Chana did take advantage of the UK Furlough Scheme when it was introduced for several months. Chana's largest expenses were on support worker staff and on grants for treatments, something which remains unchanged year to year years.

Prior to the 2020 lockdown, Chana was able to run a successful 'Tea-Cember event' and other local initiatives.

We continue to look for new avenues of funding from both private donors and trusts as well as public grants that may be available to the charity.

4

Principal sources of funds are through fundraising events and the generosity of the public.

5

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk management

The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to manage these risks. The day to day affairs of the charity are administered by the Board of Trustees.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

10751229 (England and Wales)

Registered Charity number

1172957

Registered office

23 Ravenshurst Avenue, London NW4 4EE

CHANA CHARITY LTD (REGISTERED NUMBER: 10751229)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2019

Trustees

Mr U N Goldberg Mrs E Grosskopf Mr B Groszman Mr D P Rabson Mr M Stimler

Auditors

Melinek Fine LLP Registered Auditors Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 1DH

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Chana Charity Ltd 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).

6

28 June 2021

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CHANA CHARITY LTD (REGISTERED NUMBER: 10751229)

Opinion

We have audited the financial statements of Chana Charity Ltd (the 'charitable company') for the year ended 30 September 2020 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).

In our opinion the financial statements:

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

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

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 there is a material misstatement in the financial statements or a material misstatement of the other information. 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:

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:

Page 8

REPORT OFTHE INDEPENDENT AUDITORS TO THE MEMBERS OF CHANA CHARrrY LTD {REGISTERED NUMBER: 10751229) Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsiblllties, the trugtee5 (who are also the dlrectors of the charitable company for the purwses of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the trustees determine 15 nec*sary to enable the preparatiorn of financial stateFnents that are Iree from materlal misstatemenr whether due to fraud or emr. In preparing the fin3ncial statements, the trustees are responsible for assessing the charitable company's abillty to continue as a going concern, disclosing, as appluble, matters related to g)ing concern and using the going concern basis of accounting Un￿55 the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable a￿uranCe about whether the finantial statements as a whole are free from material tnisstatement, 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 assuran￿, but is not a guarantee that an audit conducted in accordance with ISA5 (UK) will always detert 3 material tnisstatement when it exists. Misstatements can arise frorn fraud or error and are considered material if, Individually or in the aggregate, they could reasombly be expected to influen the economic decisions of users taken on the basis of these financial statements. A further thscription of our resw>nsibilitie5 for the audit of the financial statemen15 is located on the Financlal Reportlng Council's website at www.frc.org.uklaudf(orsresponsibillties. This description Forms part of our Rewrt of the Independent Auditors. Use of our report This report is made solety to the charitable company'5 members, as a body, In accordan￿ with Chapter 3 of Part 16 of the Companies Att 2006. Our audit work ha5 been undertaken so that we might State to the charitable company's members tFK)se matters we are required to state to them In an auditors, report and for no other purpose. To the fullest extent perrnitted by IBW, we do not accept or assume responsibility to anyone other than the CharIta￿e company and the charitable company'5 rnembers as a body, for our audit work, for this retK)r¢ or for the opinions we have formed. Mr Aryeh Melinek, FCA {Senlor Statutory Auditor) for and on behalf of Nelinek Fine LLP Registered Auditors Chartered Accountants First Floor, Winston House 349 Regents Park Road London N3 IDH Page 9

CHANA CHARITY LTD

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2020

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
Income from charitable activities
Other trading activities
3
Total
EXPENDITURE ON
Raising funds
5
Charitable activities
6
Advice and support of couples dealing with
infertility
Support costs
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
439,968
21,866
891,012
1,352,846
114,366
578,898
27,719
720,983
631,863
192,865
824,728		 Restricted
fund
£
16,000
-
2,500
18,500
-
12,500
11,130
23,630
(5,130)
14,338
9,208		 2020
Total
funds
£
455,968
21,866
893,512
1,371,346
114,366
591,398
38,849
744,613
626,733
207,203
833,936		 2019
Total
funds
£
498,797
24,832
641,252
1,164,881
326,067
706,875
30,785
1,063,727
101,154
106,049
207,203

The notes form part of these financial statements

Page 10

28 June 2021

CHANA CHARITY LTD

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2020

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2020
£
600,755
600,755
(4,759)
(4,759)
595,996
256,686
852,682		 2019
£
138,415
138,415
(473)
(473)
137,942
118,744
256,686

The notes form part of these financial statements

Page 12

CHANA CHARITY LTD

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2020

1.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2020
£
Net income for the reporting period (as per the Statement of
Financial Activities)
626,733
Adjustments for:
Depreciation charges
1,744
(Increase)/decrease in debtors
(3,180)
Decrease in creditors
(24,542)
Net cash provided by operations
600,755
2.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.10.19
Cash flow
£
£
Net cash
Cash at bank and in hand
256,686
595,996
256,686
595,996
Total
256,686
595,996		 2019
£
101,154
158
58,243
(21,140)
138,415
At 30.9.20
£
852,682
852,682
852,682

The notes form part of these financial statements

Page 13

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020

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.

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.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

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.

continued...

Page 14

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2020

2. DONATIONS AND LEGACIES

Donations
Grants		 2020
£
358,150
97,818
455,968		 2019
£
498,797
-
498,797

During the year Chana Charity Limited received £40,018 from HMRC as part of the Job Retention Scheme.

3. OTHER TRADING ACTIVITIES

3.
OTHER TRADING ACTIVITIES
Fundraising events
4.
INCOME FROM CHARITABLE ACTIVITIES
Counselling
5.
RAISING FUNDS
Raising donations and legacies
Fundraising
6.
CHARITABLE ACTIVITIES COSTS
Advice and support of couples dealing
with infertility
Support costs
7.
SUPPORT COSTS
Support costs		 Finance
£
7,868		 Direct
Costs
£
591,398
-
591,398
Other
£
28,221		 2020
£
893,512
2020
£
21,866
2020
£
114,366
Support
costs (see
note 7)
£
-
38,849
38,849
Governance
costs
£
2,760		 2019
£
641,252
2019
£
24,832
2019
£
326,067
Totals
£
591,398
38,849
630,247
Totals
£
38,849

continued...

Page 15

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2020

8. NET INCOME/(EXPENDITURE)

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

Auditors' remuneration
Depreciation - owned assets
Other operating leases		 2020
£
1,800
1,743
21,536		 2019
£
1,500
158
27,104

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2020 nor for the year ended 30 September 2019.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 September 2020 nor for the year ended 30 September 2019.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Employees
No employees received emoluments in excess of £60,000.		 2020
£
254,150
23,614
4,702
282,466
2020
11		 2019
£
232,667
19,186
4,315
256,168
2019
12
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
405,229
Charitable activities
Income from charitable activities
24,832
Other trading activities
641,252
Total
1,071,313
EXPENDITURE ON
Raising funds
324,067
Charitable activities
Advice and support of couples dealing with
infertility
580,971		 Restricted
fund
£
93,568
-
-
93,568
2,000
125,904		 Total
funds
£
498,797
24,832
641,252
1,164,881
326,067
706,875

continued...

Page 16

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2020

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
£
£
Support costs
30,785
-
Total
935,823
127,904
NET INCOME/(EXPENDITURE)
135,490
(34,336)
RECONCILIATION OF FUNDS
Total funds brought forward
57,375
48,674
TOTAL FUNDS CARRIED FORWARD
192,865
14,338
12.
TANGIBLE FIXED ASSETS
Fixtures
and
Computer
fittings
equipment
£
£
COST
At 1 October 2019
473
-
Additions
-
4,759
At 30 September 2020
473
4,759
DEPRECIATION
At 1 October 2019
158
-
Charge for year
157
1,586
At 30 September 2020
315
1,586
NET BOOK VALUE
At 30 September 2020
158
3,173
At 30 September 2019
315
-
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
£
Prepayments and accrued income
3,180		 Total
funds
£
30,785
1,063,727
101,154
106,049
207,203
Totals
£
473
4,759
5,232
158
1,743
1,901
3,331
315
2019
£
-

continued...

Page 17

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2020

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2020
£
17,556
5,183
718
1,800
25,257		 2019
£
46,280
-
2,018
1,500
49,798

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 At
1.10.19
£
192,865
14,338
207,203
Incoming
resources
£
1,352,846
18,500
1,371,346
At
1.10.18
£
57,375
48,674
106,049
Net
movement
in funds
£
631,863
(5,130)
626,733
Resources
expended
£
(720,983)
(23,630)
(744,613)
Net
movement
in funds
£
135,490
(34,336)
101,154

At
30.9.20
£
824,728
9,208
833,936
Movement
in funds
£
631,863
(5,130)
626,733
At
30.9.19
£
192,865
14,338
207,203

continued...

Page 18

CHANA CHARITY LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2020

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
1,071,313
93,568
1,164,881		 Resources
expended
£
(935,823)
(127,904)
(1,063,727)		 Movement
in funds
£
135,490
(34,336)
101,154

16. RELATED PARTY DISCLOSURES

During the year £0 (2019: £63,161) was donated by Chana Charitable Trust, a charity controlled by the trustees of Chana Charity Ltd.

Page 19