2021-02-28-accounts - Borehamwood Kosher Food Group Limited

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REGISTERED COMPANY NUMBER: 10598969 (England and Wales)
REGISTERED CHARITY NUMBER: 1175446

`REPORT OF THE TRUSTEES AND`

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2021
FOR

BOREHAMWOOD KOSHER FOOD GROUP LIMITED

Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road

London
N3 1DH

BOREHAMWOOD KOSHER FOOD GROUP LIMITED

`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021`

		`Page`
`Report of the Trustees`	`1`	`to`	`2`
`Independent Examiner's Report`		`3`
`Statement of Financial Activities`		`4`
`Balance Sheet`		`5`
`Notes to the Financial Statements`		`6`

BOREHAMWOOD KOSHER FOOD GROUP LIMITED (REGISTERED NUMBER: 10598969)

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2021`

ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended28February2021.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).

The charity is also known as BKFG.

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

Thecharity'sobjectiveistoalleviatepovertyintheBorehamwoodarea,throughtheprovisionoffreekosherfood parcels
tolocal,primarilyJewish,familieswhocouldnototherwiseaffordthemandarereferredbylocalagencies, professionals
and charities.

`Significant activities`

Duringtheyearthecharitymadefoodparcelsavailabletoindividualsandfamiliesinpovertytotalling£20,058 (2020:
£13,934).

`Public benefit`

TheTrusteesconfirmthattheyhavereferredtotheguidancecontainedintheCharityCommission'sgeneralguidance on
publicbenefitwhenreviewingthecharity'saimsandobjectivesandinplanningfutureactivitiesandsetting the
grantmaking policy.

`Volunteers`

Duringtheyearthereweretwovolunteerswhopurchasedthefoodparcelsandninemorevolunteerswhodelivered the
food parcels to needy families.

`FINANCIAL REVIEW`

`Principal funding sources`

The principal funding sources are donations from individuals.

`Reserves policy`

Thecharityaimstomaintainreservesinorderthatitisinapositiontocontinueitsactivitiesataconsistentleveland to
covercontingenciesofadditionalcallsbeingmadeuponthecharityforsupportofneedyfamiliesorindividualsintimes of
need.

`Covid-19`

TheTrusteeshaveconsideredthepotentialimpactoftheCovid-19pandemic,whichhasbeenspreadingsince early
2020,onthecharity'sactivities.Likemanyothercharities,theoutbreakhascausedandisgoingtocause some
disruptiontothecharity.TheTrusteeshavetakenappropriateactiontomitigatetheeffectsofCovid-19onthe activities
and finances of the charity.

`FUTURE PLANS`

Thetrusteesplantocontinuetopursuethecharitableobjectivesofthecharityandensurethattheabilityto generate
sufficient income is maintained to achieve that end.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.

`Organisational structure`

The charity must have a minimum of 2 directors. The directors meet regularly to manage the business of the charity.

`Induction and training of new trustees`

Membershipisopentoindividualsororganisationswhoapplytothecharityintheformrequiredbythetrusteesand are
approvedbythetrustees.Thetrusteesmayrefuseanapplicationformembershipiftheyconsiderittobeinthe best
interests of the charity to refuse the application.

Page 1

BOREHAMWOOD KOSHER FOOD GROUP LIMITED (REGISTERED NUMBER: 10598969)

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2021`

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Risk management`

Thetrusteeshaveassessedthemajorriskstowhichthecharityisexposedandaresatisfiedthatsystemsareinplace to
mitigate exposure to major risks.

`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`

10598969 (England and Wales)

`Registered Charity number`

`Registered office`

51 Oakwood Avenue
Borehamwood
Hertfordshire
WD6 1SS

`Trustees`

Mrs J Radomsky
Mr A Radomsky
Mr D Schogger

`Independent Examiner`

Mr Aryeh Melinek, FCA
Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

Approved by order of the board of trustees on 13 September 2021 and signed on its behalf by:

Mr A Radomsky - Trustee

Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BOREHAMWOOD KOSHER FOOD GROUP LIMITED (REGISTERED NUMBER: 10598969)

Independentexaminer'sreporttothetrusteesofBorehamwoodKosherFoodGroupLimited ('the
Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2021.

`Responsibilities and basis of report`

Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccountsas carried
outundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Aryeh Melinek, FCA
Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

14 September 2021

Page 3

BOREHAMWOOD KOSHER FOOD GROUP LIMITED

`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 28 FEBRUARY 2021`

`2021` `Unrestricted` `fund` `Notes` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `30,110` `EXPENDITURE ON` `Charitable activities` `Charitable activities` `218` `Food parcels` `20,058` `Total` `20,276` `NET INCOME` `9,834` `RECONCILIATION OF FUNDS` `Total funds brought forward` `3,646` `TOTAL FUNDS CARRIED FORWARD` `13,480`	`2020` `Total` `funds` `£` `16,310` `-` `13,934`
	`13,934`
	`2,376` `1,270`
	`3,646`

The notes form part of these financial statements

Page 4

BOREHAMWOOD KOSHER FOOD GROUP LIMITED (REGISTERED NUMBER: 10598969)

`BALANCE SHEET 28 FEBRUARY 2021`

`2021` `Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Cash at bank` `13,480` `NET CURRENT ASSETS` `13,480` `TOTAL ASSETS LESS CURRENT LIABILITIES` `13,480` `NET ASSETS` `13,480` `FUNDS` `Unrestricted funds` `13,480` `TOTAL FUNDS` `13,480`	`2020` `Total` `funds` `£` `3,646`
	`3,646`
	`3,646`
	`3,646`
	`3,646`
	`3,646`

ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 28 February 2021.

Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
28 February 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon13September2021 and
were signed on its behalf by:

Mr A Radomsky - Trustee

The notes form part of these financial statements

Page 5

BOREHAMWOOD KOSHER FOOD GROUP LIMITED

`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.

`Income`

AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.

`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.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. 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.

`Legal status of the charity`

Thecharityisacompanylimitedbyguaranteeandhasnosharecapital.Liabilityofeachmemberintheevent of
winding-up is limited to £1.

`2. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended28February2021norforthe year
ended 29 February 2020.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended28February2021norfortheyear ended
29 February 2020.

`3. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 28 February 2021.

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