Charty ￿gIstratIon numbèr 1187505 HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) LEGAL AND ADMINISTRATIVE INFORMATION Trustees M Sonnenberg Mithael Freedman J Scharfer Charity numbèr 1187505 Auditor Harold Evefett Weford LLP Chartered accountants & stalulory auditor 2nd Floor 38 wa￿en Street London W1T6AE HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) CONTENTS Page Trustees. report IndeperKlent auditorfs ieport Statement of finan￿81 activities Balance Sheet Statement of cash flows Notes lo the financial ststements 9-16 HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 The trustees present their annual report and financial statements for the ended 30 June 2022. The financial slalemenls have been prepared in accordan￿ the accounting poli¢T¢s set out in note 1 to the financial slalements and comply wlh the charity's consbtution. the Charities Acl 2011 and "Aeeounting and Reporting by Chanties.. Siatement of Recommended Practice applicable to chanties preparing their accounts In accordance with the Financial ReportiThJ Stsndard applicable in the UK and Republic of Ireland IFRS 102)" (October 20191. Objectives and activities The objectives ol the CIO are lo provide faalities for the advancement of the orthodox Jewish faith by the provision of Kosher Food, facilities. care and amentlies to Jewsh pabenls in hospitals or other sick, poor cw ¢onvalesryng people. The objective is achieved by delivering kosher food to hospitals and other institutions throughout Greater London. The Trustees, strategy Is lo raise funds from the Jewsh community to supplement lh8 amounts receivèd from hospitals in payment for meals. The Tiustees measure their success in fulfilling the Charity's objectives by monitoring palienls. satisfacb'on with the Icx)d supplied and hospilals. satisfaction wilh the seNicÉ prowded. The trustees have paid due regard lo guidanrE i55ued by the CharTty Commission irtr deading what activities the charity should undertake. Public Benefrt The trustees have paid due regard to the putlic benefrt gUIdar￿ issued by the Charity Commission in deciding the allocation of funds. Achievements and pÈrfom)ancè The CIO provides Kosher meals lo and neety Jvmsh persons. those hospitalised. Financial review The CIO operates from a sound financial base. At the year end. free reserves held by the Charity amounted lo £247,447. It is the policy of the charity that unfestricted fu￿lS which have not been designated for a specific use should be maintained at a level to meet annual provision of meals and services for the foreseeable fiJture. The trustees consider that reserves at this level wll ensure that. in the event of a significant drop in funding, they wll be able to continue the charty's Cur￿nt activities while consideration is gtven to ways in which addtional funds may be raised. This level of reserve5 has been maintained throughout the year. Principal fvnding sources Donations together with the sale of meals lo h05pilals and Oth￿ institutions provided the funds needed to carry out the Service's charitable activities. Ri$k review The Trustees have examined the major strategic business and operational risks which the charity faces and confimi that systèms have been established to enable regular reports to be made so that necessary steps can be taken to lessen these risks. The 5perific risks identiffied are.. - a downtum in the UK economy which would make rt harrler to raise lun¢Js. - contamination of food supplie¢J to the hOs￿al$ - breakdown of the Charivs freezer equipmenl - financial failure of one of the Charrty's Iwo foc>d supplie¥ HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Strueturo. gOv•Man￿ and managemtrnt The charity is a charitable incorporaW organisatlon arKI was established under a 'Foundation' model constitutson. The Trustees determina the generd policy of the charity and a￿ reSFonsible for it5 day lo day runnng. They mo81 regularty and vthen they deem ti a￿l$able. they add to their ly)dy. New Trustees are recruited from personal contacts of the e￿stIng TnJstee#. Induction arKI trainirKJ is carTied out by the existing Trustees ub'li5ing their knowledge and expellence. The trustees who sepied during the year and up to the date 0f￿nalure ofth8 ftnancial statemants were: M Sonnenberg Michael Freedman J Scharfer None of the trl￿tee8 has ary benef￿￿ interest in the (tharity. Investment powe The constitution authorises the trustees to rth and insbnents ￿ng the general ftmds ofthe tharÈty. ststement of trustè•s' responslbiMgs The trustees are ￿sponSIble for pr&paring the Tnth. Rep￿1 the finanrAal slatemerrts in aceordance ￿th applica￿￿ law and Uniled ￿ryd0M AccoLrfirg Standards (Unlled lfjngdom Generdlly Accepted Accounting Practice). The l&v apF4icable lo tharibes in England and ￿leS requires the trustees lo p￿pare finan￿al sl*emenls fr the year ended 30 June 2022 which comprise the slatemenl of financial aclivrties, the balan￿ sheet, the statement of cash flows and notes to the financial ststements. induding ￿gn[ficant accounb.ng polioes. The finanual reporting framework that has been applied in their preparats.on is applicable law and United lthngdom Accounting Stsndards. induding Financial Reporting Stsndard 102 The Financial Reporting sfandard applicable in Ihe UK and Republic ol I￿land (United Kingdom GenerallyAc¢epted Ac¢ounting Practice). In our opinion, the financial slalemenls". give a true and fair view of the stste of the ¢hartty's affairs as al 30 June 2022 and of its incoming resourc8s and application of ￿$0￿ree$, tor the year Ihen ended. have been properly prèpaied in accordance with United Kingdom Generally Accepted kcounting Practi￿. and have been Prepared in accordance wth the requirernents of Ihe CharitiesAct 2011. Basis for opinion We conducted our audit in acc¢ydance Intemational Standards on Atjditing IUK) IISAS IUKII and applicable law. Our responsibilities undei those standards are further described in the Audilorfs responsibffjlities for thè audit ol Ihe financial stalements section of our rep)rt_ We are independent of the c*arity in accordance wlh the ethical requirements that are relevant to cwr audit of Ihe finan￿al statements in the UK, induding the FRC's Elhi¢al standard, and we have fulfilled our other ¢thical responsibilrties in accordan￿ wth these Tèquirèments. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a ba515 for our opinion. Conclusions relating to going concem In auditing the financial statements, we have th)dud￿l that the trustees. use of the going concem bass of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have n(rt identifie(l any material uncertainties relab.ng lo events or conditions that, individualty or collectivety. may cast significant doubt on the charity's ability lo continue as a going concern for a period of al leasl ￿]ve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibiltties of the tnjstees respect to going concern are described in the relevant sections of this report. other Infomiatlon The other infom)ation Comprises the inft)tmation induded in the annual report other than the fina￿la1 slalemenls and our auditor's report thereon. The trustees are responsible for the other information contained wthin the annual report. Our opinion on Ihe finanaal statements does not cover the other infomiation we do not express any form of assurance conclusion the¥eon. Our responsibility is to read the other inlormation and, in doing so, consider whether the other information is matèrially inconsistent wtth the financial stalements or our knowledge Obtain￿ in the course of the audit, or otherwise appears to be materially m5sslaled. If we identify such matefial inconsistencies or apparent material misststements. we are tequired to delemine whether this gives rise lo a malerpl misstatement in the financial slalemenls themselves. If. based on the woth we have perfomied. we ¢on¢lude that there is material misstatement of this other information, we a￿ required to report that fact. We have nothing lo ￿port in this regard. Matters on which we are required to report by exception We have nothing lo report in respect of the followng matters in relab.on to whith the Charities (Accounts and Reports} Regulation5 20Q8 require us to report to you rf, in our opinion= the information given in the finanaal slalemenls is inconsistent ill any material respect wrth the trustees. report", or sufficient accoLJnting record3 ha¥e not been K¢pl". or the financial statemènts are not in agreement with the accounting records." or wè have not re￿iVed all the infom)ation and exFlanations we require for our audit. HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF HOSPITAL KOSHER MEALS SERVICE Responsibilities of trustees As explained more lully in the statement of trustees. responsibilitses. the tnjstees are responsible for the preparation ol the financial statements and for being satisfied that they give a true and fair wew. and lor such internal control as the Iru51ees determine is necessary lo enable the preparab.on of finanual ststements that are Iree from material misslalernent. ￿ether dlie to fraud or error. In Preparing the financial ststements, the trustees are responsible for assessing the chartty's abilrty to continue as a going concem. disdosing. as applicable, matters related lo going concem and using the going con￿rn basis of ac£ounling unless the twstees either intend to cease cyerations, or have no fealistic altemative but lo (Jo so. Auditor's responsibilltlÈs for the audit of the financial statements We have been appDinted as auditor under sac11(￿ 144 of the Chartties Act 2011 and rep)rt in accordance with the Act and relevant regulations made or having effect thereunder. Our objects.ves are lo obtain reasonable assuraft￿ about whethei the financial 51alemenls as a whole are free from matèrial misslalemenl, whether due to fraud or error, and lo issue an auditorfs report that indudes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI wll a￿ayS detect a m8lerial misstatement when it exists. Misslatemenls can arise from fraud or error and are considere(I maletial if. individualty or in the aggregate. they coul¢J ￿8$Onabty be expected lo influen the e￿nOMiC decisions ot Users taken on the basis of these financial statements. Irregularilie5, induding fraud. are instances of non-complian￿ with laws and regulations. Vve design procedures in line with our responsibilib"es., outlined above. to delect material misstatements in iespecl of irregularib'es, including fraud. The extent lo which our procedLtres are capable of (Eeleciing irregularities, induding fraud, is detailed below. Our approach to identifying and assessing the rÈsks of matwial misstaiement in respect of irregukrilies, including fraud and non-eompliance wth laws and regulations, was 8$ fdlows.. Review of the financial statement di5dosures trj underlying supporting doujmentab'on.. Enquiries ol management so far as they related to the financjal statements. and seeking represenlaions from thosè Charged wth governance. Testing of joumals and evaluating whether there was ewdence of bias by the Irustees that represented a risk ot material misststemenl due to fraud. Rewew of legal and professional expenses and trnstee meeting minutes.. We performed analytical procedures to identify any unusual or unexpected relationships. Because of the inherent limitations ol an audrt. Iheie is a risk that we wll not detect all Irregularities. including those leading to a material misstatement in the financial statements or nor￿cOmplIance with regulab'on. This r￿sk increases the more that Complian￿ with a law or regulab.on is removed from the events and transactions ieflecled in the financigl slalements, as we will be less likely to become aware of instances of n0￿COMplI8n¢e. The risk is also greater regarding irregularibes occurring due lo fraud rathe¥ than error, as fraud involves Intentional concealment. forgery. collusion, omission or misrepfesèntalion. A further descripts.on of our responsibilrties is available on the Financial Reporbng Counol's website at." https."/l www.frc.org.uklaudilorsresponsibilities. This description fomis part of our audilorfs report. Other matters Your attentitsn is drawn to the fact that the charity has p￿pared finanaal slatemenls in accordance with "Accotjnting and Reporbng by Charities". Statement of Recc¥nmended Practice applicable to charities preparin9 their accounts in accordance with the Financial Reporting Standard applrable in the UK and Republic of Ireland IFRS 1021" las amended) in preferen￿ to the Accounting and Reporting by Charities.. Slalemenl of Recommended Practice issued on 1 April 2005 which is referred lo in the extant iegulab.ons bul has fiow been v*ithdrawn. This ha* been ¢Jon¢ in order for th¢ finanGial statements to proYK1e a Itue arKI fair view in accordance with curient GenerallyAccepled Accounting Practice. HOSPITAL KOSHER MEALS SERVICE {A CHARITABLE INCORPORATED ORGANISATION) INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF HOSPITAL KOSHER MEALS SERVICE Use of our report This report is made solely to the charity's tnjslees. as a tody, in accordall￿ wrth part 4 of the Charities {Acwunts and Reportsl Regulab"ons 2008. Our audit work has been undertaken so that we might stale lo the charity's Iruslees those matters we are required to state to Ihem in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the tharily's trustees as a body, for our audit work, for this report. or for the opinions we have fom)ed. y¥ i,_l¥ LJw.-rX L- Harold Everett Wreford LLP 18 Awl 2(r23 Chartered Accountants Statutory Auditor Charte￿d accountants & statutory auditor 2nd Floor 38 ￿rren Street London W1T6AE Harold Everett Wtreford LLP is eligible for apwintmenl as audttor of the charity by virtue of ils eligibility for appointment as auditor of a company under 5edion 1212 of the Companies Acl 2006. HOSPITAL KOSHER MEALS SERVICE {A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022 Unrestricted Unrestrlcted funds fund5 2022 2021 Notes Donations and legacies Charitsble activities Investrnents 27.946 734,217 1,026 414,040 682,823 1,177 Total income 763,189 1,098,040 en Charitable activities 793,663 760,178 Net lexpenditEErelllncome for the yearl Net movernent in funds 130.4741 337.862 Fund balanees at 1 Juty 2021 337,862 Fund balan¢•s at 30 June 2022 307,388 337,882 The stslement of financial activities indudes all gains and losses recognised in the year. All income and expendrture derive from continuing aL*v"rties. HOSPITAL KOSHER MEALS SERVICE {A CHARITABLE INCORPORATED ORGANISATION) BAiANCE SHEET AS AT30 JUNE 2022 2022 2021 Flxed as$ots T8n9ible assets Investments 10 11 59.940 66.258 59.941 Curront 4¥sets st¢Gks Debtors Cash at bank and in hand 86,257 12 13 98.932 93,525 145.824 55.440 61,253 219.902 338,281 336,595 Credltoro: amounts falllng due vAthln one year 14 190.834) (64,990) Nel ¢urrenl assets 247,447 271,605 Total assats less currnnt Ilabllltles 307.388 337,862 Incom8 fun(ts UnrestrI￿ed funds 307.388 337.862 307.388 337,862 The ' I statements were approved by the Trustees on 17A￿l 2023 nberg Trustee HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2022 2022 2021 Notes Cash flows from operating activities Cash (absorbed byllgenerated from opeiations 17 (75,104) 292.917 Investing actlvlties Purchase ol tangible fixed assets Pur¢hase of investrnenls Investment income received 174,1911 1.026 1,177 Net cash generated froml{used inl investing activities 1.026 173,0151 Net cash used in financing activities Net {decreasellincrease in cash and cash equivalents (74.078} 219,902 Cash and cash equ5valents at beginning of year 219.902 Cash and cash equivalents at end of yèar 145,824 219.902 HOSPITAL KOSHER MEALS SERVICE {A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022 Accounting policies Charity information Hospital Kosher Meals Service is a charity incorw)raled in England and ￿les. 1.1 Accounting convention The financial ststernents have been prepared in 8¢{xjrdan￿ wrth the chartys constitutton, the Charities Act 2011, FRS 102 "The Financial Reporting Slandèrd applicable in the UK and Republic of Ireland. l°FRS 102.1 and the Charities SORP "Accounting and Rwrting by Charitses." Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). (October 2019). The charity ts a Public Benefit Entty as defined by FRS 102. The financial statements have departed from the Charities {Ac¢ourbts and Reports) Regulalions 2008 only to the èxtent reqLJired to provide a tnje and fair view. This departu￿ has involved following the Statement of Recommended Practice for Charities applying FRS 102 rather than the version ol the Ststement of Recommended Practice which is referyed to in the Regulakn"ons but which has since been withdrawn. The financial staternents are prepared in sterfing. which is the fijnthonal ￿tTencY of the charity. Monetary amounts in these Iinancial statements are rounded to the nearest L The linari￿al statements have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern Al the lime of approving the financaal slatements. the trustees have a reasonable expe(aation that the charity has adequate ￿sourceS to continue in operab'onal existence for the loresèèablè future. Thus the I￿￿teeS ¢onlinue lo adopt the going concem basis of accounb.ng in preparing the financial ststements. 1.3 Charitablè funds Unrestricted funds are available for use at the discretion of the trustees in furtherall￿ of theiT charitable objectives. Restricted lunds are subject lo specrfie ¢Jj￿ItIOnS by don0￿ as to how they may bg used. The purposes and uses of the restricted funds are set out in the notes lo Ihe finaneial 5tatemenls. Endowment lund5 are subject to speofic condibrxis by d￿)rS that the capital must be maintained by the charFty. 1.4 Income Income is recognised when the charity is legally entimed to rt after any performance eondilions have been met. the amounts can be measured reliably. and it is probable that income wll be received. C8sh donations are recognised on receipt. Other donations are recognised On￿ the charity has been notified of the donation. unless perfomiance conditions require delerrd of the aFnount. Incorne lax recoverable in relation to donations received under Gift or deed5 of covenant is recognise(l al the tirne of the donation. Legacies are ￿cogniSed on receipt or otherwise rf Ihe charity has been notified of an iTnpending dBlribution. the amount is known, and feceipl is expected. If the amount is not known. the legacy is treated as Contingent assèt_ HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Accounting policies {Continuedl 1.5 Expenditure Expenditure is recognised once theTe is a legal or conslructtve obligation to transfer economic benefit to 8 third party, il 15 probable Ihal a transfer of econ¢ynic beneffts wll be required in settlement. and the amount of the obligation can be measured reliably. Expenditure 15 classified by a¢bvity. The costs of each activity are made up of the total of dir￿ costs and sh8￿￿ costs, including support costs involved in urKlertakir¥J each activity. Direct costs attribUt3t￿e to a single activity are allocated directty to that aclivity- Shared costs which contn.bule lo more than one ath.vily and support costs which are not attributable lo a single acbvity are apportioned be￿een those activities on a basls consistent with the usè of reSoUr￿s. Central staff costs are allocated on the basis of lime spent, and deprecsation charges are all￿ated on the wrtion of the asset's use. 1.6 Tangible fixed assets Tangible fixed 8ssels are inrtially measured at cost and subsequenty measured at C05t or valuation, net of depreciation and any impaiment10sses. Depreciation is recognised so as to write off the cost or valuation of assets less Iheir residual values over their useful lives on the followng bases". Freehold Propety Refridgeralion plant EqLJipmenl Motor vehicles 2% straight line 15% reduung b81811ce 25% reduang balance and 33 113°A slraighl line 25% reducing balaTKe The gain or loss arising on Ihe disposal of an asset is detemiined as the difference be￿een the sale proceeds and the c8rrying value of the asset, and is reeognised in the statement of finanrjal aclivilies. 1.7 Fixed asset investments Fixed assel investments are inibally measured at Iransaction pri￿ ex¢ludin9 transaction costs, and are subsequentty measLJred at fair value at each reporting dale. Changes in fair value are recognised in nel incomellexpendilurel for the year. Transaction costs are expensetl as incu￿ed. 1.8 ImpalnnÈnt of fixed assets At each reporting end dale. the charity reviews the carrying amounts of rts tangible assets lo determine whether there is any indication that those assets have Suffered an impairtHenl loss. If any SLJch Ind￿atiOn exsls. Ihe recoverable amount of the asset is estimated in or(Jer to detemine the extent of the imp8irment loss lif any). 1.9 Stocks Stocks are stated at the lower of cost and estimated selling pri￿ less costs to completè and sell. Cost compnses direct materials and. where applicable. direGt labour costs and those overheads that have been incurred in bringing the stocks to Iheir prese¥)t l¢Katton and condition. Items heltl for distribution at no or nominal consideratson ale measured the lower of replacement cost and cost. Nel realisable value is the estimated selling price less all ests"mated costs of completion and costs to be incuired in marketing. selling and distribution. 1.10 Cash and cash equivalents Cash and cash equivalents include c8sh in hand. deposits held al call *Mth banks, other short-temi liquid investments with original maluritie5 01 three months or less, bank overdrafts. Bank overdrafts are shown within borrowin9s in fUTrent liabiliti￿. 10- HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Accounting policies IContinued} 1.11 Financial instruments The charity has elected to apply Ihe provisions of Sedion 11 'Basic Fin8nci81 Instruments, and Section 12 'OlheT Financial Instruments Issues. of FRS 102 to all of its finanaal instrumenls. Finanaal instruments are recognised in the tharty's balance sheet when the tharity become5 party to the contractual provisions of the instrument. Financial assets and liabil￿eS are offset, wth the net amounts presented in the finanaal slatemenls, when there 1$ 8 legally enforceable right lo set off the reGognised amoLJnts and there is an intention to setue on a nel basis or lo realise the asset and settle the liability simultaneously. B85ic financfflal assets Basic financial assets, whith indude debtors aThJ cash and bank balances, are initially measured at transaction PriGe including transaction costs and are subsequenuy carried at amortised cost u&ng the effective interest methocl unless the arrangement constitutes a finanong transadion. where the transaction is measured al the present valLJe of the future receipts discounted at a market rale of interest. Financial assets classified as recèivable within one year are not amotts"sed. Basic financial liabilitffes Basic financial liabilities. including creditors and bank loans are initialty recognised al transath.on pri￿ unless the arrangement conslilutes a finanang transaction, Whe￿ the debt instrument is measured at the present value of the future payments discounted al a market ￿te of iFrterest. Finanaal liabil¢ties dassified as paYa￿e within one ytrar are not amortised. Debt instruments are subsequently carrted at amortised cost. using the effective interest rate method. Trade creditors are obligations lo pay for goods or services that have been acquired in the ortjinary course of operations from suppliers. Amounts payable are dassified as current liabilities rf payment Is due within one year or less. If not, they are p￿Sented as non-current liabilities. Trade creditors are recognised initially at transaction and subsequently measured at amorttsed cost usÈng Ihe effecb.ve interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's eontractual obligations expire or are discharged or cancelled. 1.12 Employee benefits The cost of any unused holiday enb"IEement is recognised in the wiod in wthich the employee's services are received. Terminalion benefrts are rewgnised immediatety as an expense when the charity is demonstrably eomrnitted to terminate the employment of an employee OT lo provide terniinalion benefits. 1.13 Retirement benefits Payment5 to defined contribution ietirement benefit scheme5 are charged as an expense as Ihey fall due. 11 HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Critical accounting estlmate5 and judgements In the applicats.on of the charity's accounting policies, the trustees are required to make judgements. estirnales and assumptiDns about the carrying amount of assets and liabilities that are not readily apparent from other sources. The esb'mates and assoaated assumptions are based on historical experien￿ and other factors that are considered to be relevant. Actual ￿$V￿$ may differ from these estimates. The estimates and undedying assumption5 are reviewed on an ongoing basis. Revisions lo accounting estiwales are recognised Tn the period in vhhich the estimate is revised where the Tevision affects ￿lY that period, or in the period of the revision and bJture periods where the revisi¢￿ aflects both current and future periods. Donations and legaeies Unrestricted Unrestricted funds funds 2022 2021 Donations and gifts Post natal mothers servir 27.946 413.790 250 Charitable activities 2022 2021 contribub.ons from hospitals 734.217 682,823 Investments Unrèstricted Unrestricted funds funds 2022 2021 Interest receivable 1,026 1,177 12- HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Charitable activities 2022 2021 Staff costs Rent & rates Computer costs Insurance Motor & travel expenses Other office costs Opening stock Purchases Closing stock L￿31 costs 36,312 12,599 1,123 8,095 7,542 19,288 55,440 645,630 {98,9321 3,714 38,517 12,601 988 8,030 6,081 16,107 612,384 155.4401 690,811 637,268 Share of support costs {see note 71 102.852 122.910 793.663 760,178 Support costs 2022 2021 staff costs Depreryalion Leg81 and professional Telephone Other office costs Bank charges & interest 88.333 6.316 2,254 2.454 2,834 661 89,760 7,935 2,339 2,268 19,800 808 102,852 122.910 Analysed belweèn Chariiable activities 102,852 122,910 Legal and professional indudes GOVeran￿ costs of £750 payable to the 8udtiors for audit fees. Trustees None ol the Iruslees lor any persons connecled with them) receive(1 any remuneration or benefits from the charity during the year. 13- HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 Employees The average monthty number of employees during the year vrd5'. 2022 Number 2021 Number Employmènt costs 2022 2021 Wages and $8laries Social security Costs Olhef pension costs 113,497 7,268 3,880 114,333 8.026 3.918 124,645 126,277 There were no employees whose annual remunerati￿ was more than £60.000. 10 Tanglble fsxed assets Freehokl Refridgerntion Equipfflent Motor YehiG￿S Property plan¢ Total Cost At 1 July 2021 49.3(Kl 995 1.442 22,454 74,191 AI 30 June 2022 49.3(Kl 995 1.442 22,454 74.191 Depreciation and impalm)•nt Al 1 July 2021 Depreciation charged in the year 1.7C 1.7(Kl 149 127 473 279 5.613 4.210 7,935 6,316 AI 30 June 2022 3.400 276 752 9.823 14,251 Carrying amount AI 30 June 2022 45.900 719 690 12,631 59.940 At 30 June 2021 47.600 969 16,841 66,256 14- HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION} NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 11 Fixed asset investments Cash irt portfolio Cost or valuation Al 1 July 2021 & 30 June 2022 Carrying amount AI 30 June 2022 12 Stocks 2022 2021 Meals 98.932 55,440 13 Debtors 2022 2021 Amounts falling due within onè year Trade debtors Other debtors Prepaymen15 ar￿ 8c¢xJed income 86,063 6,408 1,054 55,221 2,298 3,734 93,525 61,253 14 Creditors: amounts falling due wlthin one year 2022 2021 Other taxation and social security Trade creditors Other Greditors Accruals and deferred income 4,486 84,775 338 1235 3,535 59,574 311 1,570 90,834 64,990 15 Retirement benefrt schemes (Defined Contribution Scheme) The charity operates a defined contn"buborh pen￿On scheme for all qualfying employees. The assets of the scheme are held separately from those of the chanty in an independen￿Y administered fund_ Th& tharge to profit or Ios5 in respect ol defined contribution ￿heme was £3.B8012021.. 23,918). 15- HOSPITAL KOSHER MEALS SERVICE (A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2022 16 Related party tran$a¢tlons There were no disctosable related party tranSa￿onS during Ihe year. 17 Cash generated from operations 2022 2021 IDefiuly5urpus for the year (30,4741 337,862 AL1justmenls for. Investment income ￿COgnised in statement of finarKial activibes Depreciation and impaimient of tsngible fixed assets {1,0281 6,316 11.1771 7,935 Movements in working capital: Ilncreasel in stocks Ilncreasel in debtors Increase in creditors 143,4921 132.2721 25.844 (55.4401 181,2531 64,990 Cash (absorbed byvgeneraled from operations 175.104) 292.917 18 Analysls of Ghanges in net funds The charity had no debt during the year. 16-