COMPANY REGISTRATION NUMBER: CE025471 CHARrrY REGISTRATION NUMBER: 1195140 TTBA BELZ Company Limited by Guarantee Unaudited Financial Statements 31 May 2024 BRINDLEY GOLDSTEIN LIMITED Chartered accountants 103 High Street Waltham Cross Herts EN8 7AN
BA BELZ Company Llmlted by Guarantee Financlal Statements Year ended 31 May 2024 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees Statement of financial activities (including income and expenditure 8ccount) ststement of fi'nancial position Statement of cash flows Noles to the financial statements
BA BELZ Company Llmlted by Guaranto• Trustees. Annual Report (Incorporating the Dlrector's Report) Year ended 31 May 2024 The trustees, who are also the directors for the purposes of company law, present their report and th8 unaudited financial statements of the charity for the y6ar ended 31 May 2024. R•feronce and admlnlstrntlve delalls Reglstsred charlty nam• Charity reglslratlon numb•r 1195140 Company règistration numbgr CE025471 PrincSpal ¢>ffke and reglstered 103 High Street offico Wallham Cross EN8 7AN Th• truste•9 Mr D. SpitZ8r Mr L. Benedikt Mr M. Rei¢hman Ind•p•ndent examln•r Charles Goldstein FCA 103 High Street Wallham Cross Herts EN8 7AN Structure. govamance and management Thè Charfty is con$liluled as a company limited by guarantee, and is Iherefore govemed by a Mèmorandum and Articles OfAsScjat10n. ObJ8¢t15 and activitigs The Ccmpany is a Charfty wlk)se objects are., the advancement in education and Iralning through the world. The relief of povety. oid age. illness. both mentsl and physical and the relief of persons SLJffering from any disabillty. Straleglc r•port The followng sectK)ns for achievements and perfomiance and financial review fo the slr8tegi¢ le[ of th& charity. Achiovoments and porformance The charity Tais6d donations of £696,309 {2023.. £683,309> during th¢ perlod and made charitable donatlons of £688,43412023: £824,435).
BA BELZ Company Limited by Guarantee Trustees, Annual Report (Incorporatlng the Directorfs Report) (¢ondnu•dJ Year ended 31 May 2024 Flnanclal revlew The financlal results of the Charltys activities for the year refiected in the attached finanGial $tslements together wlth the notes thereon. The truslee$' annual report and the strategic rewt were approved on 6 March 2025 and signed on behalf of the board of trustees by.. Mr L. Benedikt Trugtee
BA BELZ Company Limitod by Guarante• Independent Examiner's Report to Ihe Trustees of rrBA BELZ Year ended 31 May 2024 I report to the trustees on my examination of the financial statements of TTBA BELZ Phe tharity) for the year ended 31 May 2024. Responsibilitles and basls of roport As the trustees of the company (and also its directors for Ihe purposes of company 18wI you a responsible for the preparation of the financial statements in accordance wtth the requirements of the Companies Act 2006 (e 2006 Acfl. Having satisfied myself that the accounts of the company are not requlred to be audlted under Part 16 of the 2006 Act and are eligible for ind8p&nd&nt examination. I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charhles Act 2011 (the 2011 ACY). In ¢arrying out my examination I have followed the Directions given by the Chaiity Commission under se¢tion 1445}Ib> of the 2011 AGI. Indèpendent oxamln¢Vs statsment Since the charity's gross inwme exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confinn that l am quallfted to undertake the examination because l am a member of the Instituie of Chartered Accountants in England and Wa18s (ICAEW), which is one of the lisled bodies. I have completed my examinatlon. l ¢onfiThn that no matters have come to my 8tt8ntion in ¢IneGl10n with the examination gNing me cause to believe.. accounting rOrdS were not kept in respect of the charity as required by se¢tion 386 of the 2006 Act" or the financSal Ststements do not accord wtth those records,. or the financial statements éo rtol comply with the accounting requirnents of sectlon 396 of thg 2C106 Act other than any requlrement that the accounts glve a 'true and fai¢ vlew which is not a matter ¢onsidered as part of an independent examinallon,. or th& financial slatements have not been prepared in accordan¢e with ihe meth¢xls and principles of the Statement of Recommended Practice for accounting arKI reporting by charities applicable to charrties preparing their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102).
rrBA BELZ Company Llmfted by Guarantee Indèpendent Examlnerfs Report to the Trustees of BA BELZ (eonthu•dJ Y•ar ended 31 May 2024 I have no concems and have come across no other matters in Gonnectron with the examlnatton to whlch attention shoukj be dravm in this report In order to enable a prop8r understanding ol the accounts to be Teached. Charfes Goldsteln FCA Independent Examir 103 High Street Waltham Cross Herts EN8 7AN
rrBA BELZ Company Llmited by Guarantee Statement of Flnancial Activities {includlng Income and expendlture account) Yoar ended 31 May 2024 2024 Restricted funds Total funds Totsl funds 2023 Unrestricted funds Incom• and •nd¢)wments Donations and legacl88 Total Income 678.309 20,000 20,000 696,309 696,309 683,309 676,309 683.309 Expondltur• Expendtture on charitabl8 actrvitie5 Total expendllur• 714,500 714,500 8.276 722.776 835.698 835,698 8.276 722,776 Not axp•nditure and net movement In fund8 138,191} 11.724 126,467) (152,389) Reconclllatlon of funds Total funds brought forward Totsl funds carrlod forward 41.028 41,028 14.561 193.417 2.837 11,724 41,028 The statement of financlal activities includes all gains and losses recognised in the year. All Income 8nd expenditure derive from continuing adivities. Tht notes on pag•$ 8 to 15 forni part ofth•se flnanclal $tstWlgnts.
rrBA BELZ Company Llmited by Guarantee Statemant of Flnancial Positlon 31 May 2024 2024 2023 Curr•nt ass•ls Debtors Cash at bank and in hand 13 5,¢WO 12.994 42,228 42,228 17,994 Crgdltors: amounts falllng wlthln one year N•t current assets 14 3,433 14.561 14,561 14.561 1,200 41.028 Totsl ass•t$ l•$$ Gurront Ilabiliti•s Not assets 41,028 41,028 Funds of the charfty Restricted funds Unrestricted fvnds 11,724 2.837 41,028 41,028 Total charlty funds 15 14.561 For the year ending 31 May 2024 the chartty wa8 entiued to exemption from audit under Sedn 477 of the Companies Act 2006 relaling to small companies. Directors, responslbilities: The members have not requlred the company to obtsin an audit of its finan¢ial statements for th year sn question in accordance with section 476. The dire¢lors acknowledge their respon8ibilllles for compIng with th8 requirements of the Act wSth respect to accounting records and the preparatSon of financial statements. These financial statements have been prepared In accordance wlth the provisions appllc8ble to companies subject to the small mpanies, regime. These financial Stalemenls were approved by the board of trustees and authorised for issue on 6 MarGh 2025, and are slgned on behalf of the board by: Mr L. Benedikt Trustee The not•s on pag•* 8 to 15 lorm part of these financl•l Jtatem•nts.
rrBA BELZ Company Llmlted by Guarantee Statement of Cash Flows Y•ar ended 31 May 2024 2024 2023 Cash flows from op•rating actlvllles Net expenditure {26,467) (152.389} Adjustments for.. Accrued expenses 1,440 Changgs in.. Trade and other debtors Trade and other credltors (5,0001 793 Cash generated from operations Net Ga5h used in op8ratlng advities 129,2341 1152,3891 (29.234) {152,389) Not doTh59 In cash and cash equivalgnts Cash and cash equlvalents at beginnlng of year Cash and ca$h equlvalonts at end of year {29,234) {152,3891 42,228 194,617 42,228 12,994 Th• not•8 on pagt• 8 to 15 forni part of tho$0 flnanclal statemonts.
rrBA BELZ Company Llmlted by Guarantee Notes to the Financial Statements Year endod 31 May 2024 General information The charity 18 8 public benefrt entlty and a private o)mpany limited by guarantee, registered in England and Wales and a registered charlty in England and Wales. The addres$ of the registered office is 103 High Street. Wattham Cross, EN8 7AN. stat•ment of Compllan Thege flnancial statements have been prepared in eomplianco with FRS 102. The Financlal Reportlng Standard applicable In the UK and Ihe Republic of ITeland', the Statement ot Recommended Practice applicable lo charities preparing their aGcounts in accordance with the FlnancSal Reporting Standard appllc3ble in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 102)) and the Companles Act 2006. Accoundng poliGigs Basls of proparatlon The financial statements have been prepar8d on the historical cost basis, as modified by the revaluation of certaln finanryal assets and liabitilies and investment properties measured at fair value through income or expenditure. The financlal statements are prepared In 8terling, which is the functional curTrncy of the enttty- Golng ¢onc•rn There are no material uncertalntles about the charftys 2bllty to continue. Jud9•m•nts and k•y sourc6$ of tIMatIon uncortalnty There are no judgements aThJ e8llmates. Fund accountlng Unrestricted funds are av8llable for use at the discretion of the trustee$ to further any of the ChaliS purpose8. De$iqnaled funds are unrestriGted funds earn18rked by the trustees for particular fvture project or )mmitmenl. Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through the temis of an appeal, and fall into one of two SuIasseS. Testricled income funds or endowmenl funds.
TTBA BELZ Company Limited by Guarantee Notes to th8 Flnanclal Statements (c11{*d} Year ended 31 May 2024 A¢¢ounting policl•s (conllnu8¢1) In¢omlng resources AJI incoming resources are included In the statem8nt of financial activtties when entitlement ha8 passed io the charity" il FS probable that th6 economlc beneffts associated with the transaclic will fiow to the tharity and the amount can be reliabty measured. The followng speGific policAes are applied to partiwlar categK)ries of income.. income from donations or grants is recognised wh8n there is eviden¢e of entitlement to t gift, receipt ig probable and its amount can be measured reliably. legacy In¢ome is recognis8d when receipt 18 probable and entitlgment gstabh'shed. irKome from donated goods is measured 8t the falr value of the goods unless this 18 Impra¢lrcal to measure reliab. in which case the value rs derlved from the cost to the donor CK the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No 8mounts are Induded for the conlrlbuuon of general volunteers. Income from ¢ontraGts for the suppty of Services Is rec(ynl8ed wlth the defivery of the contracted serwGe. This is classified as unrestricted funds unless the Is a contractual requirement for it to be spenl on a particular purpose and returned unspent. in whi¢h case It may be regarded as restricted, R•sour¢•s expended Expenditure is recognlsed on an acuuals basls as a Ilablllty is in¢uTred. Expenditure includes any VAT which Ganrt be fulty recovered. 8nd Is classffled under headings of Ihe stslement of finanGial aGtivities to which it relatas.- expgnditure on raising funds Includes the costs of all fvndraising activilies. ever¢ls. non- haritable trading actfvllles, and the sale of donated goods. exp9nditure on charitable activrbes includes all Gosts inGurred by a charity in undertaklng activiti9S that fvrther ts charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the gov&mance of Ihe tharity apportioned to charitable activities. other expendlture Includes all expenditure that is neither reLated to raising funds for the charity part of expendllure on charitable activitS. Al costs are allocated lo expenditure calegoTies reflecting the use of the resource. Dire¢l costs attributable to a single activity are allocated directly lo that activity. Shared costs are apportimed between the actlvities they ¢onlribute to on a reasonable. justiffable and conslstent basL8. Llmlted by guarantee The company is limited by guarantee and has no shar8 capttal. Every member of the company undertakes to contribute to the assets of the company, in th& &v8nt of a wlndlng up. such an amount as may be required nol exGeeding £1.
TTBA BELZ Company Limited by Guarantee Notes to the Flnanclal Slatements (co•rfthu8 Year ended 31 May 2024 UnStriCted Funds Restricted Total Fund$ Funds 2024 Donations Donations re¢elved 676,309 676,309 Grants Grants Income 20,000 20.000 20,¢X*) 696.309 676.309 Unrestricted Funds Restiicted Total Funds Funds 2023 Donations Donations received 683,309 683.309 683.309 683.309 ExpendFture on charitablo aGtivili•s by fund typo Unre5triGted Funds Restrioted Tolal Funds Fund$ 2024 Charitable Actiwlies Support 691,707 22,793 8.276 699,983 22,793 714,500 8,276 722,TT6 Unrestricted Funds Restricted Total Funds Funds 2023 Charitabl8 Actiwties Support costs 824,435 11,263 835,698 824.435 11.263 835,698 10
rrBA BELZ Company Limited by Guarantee Notes to tho Flnanclal Statements (conrfm Yèar •nd8d 31 May 2024 Expondltur• on charltablo actlvltl•$ by actlvlty typ• Total funds 2024 Total fund 2023 Wageslsalarles Education supEK)rt Expgndtture recreation Grants for educauon Grants to Religious institutions Grants lo sick & unwell Grants lo the disabled Grants to the poor 11.549 85.680 189,748 9.900 55.488 9.170 45,704 12,700 501.725 49,350 95.260 22,844 89,9 345,400 699,983 824.435 11
BA BELZ Company Llmlted by Guarantee Note$ to the Financial Statements (¢onOnu•dJ Year ended 31 May 2024 Anatysl$ of support costs Total Funds 2024 Total Funds 2023 AG¢ounlanGy Fees Fundralsing Expenditure Legal & Professh)nal Fees Office Experkse ststionery & Postage Due$ & subscriptions AdvertlslNJ & womotion 1,440 14,863 3,027 1,070 686 925 1,200 6.042 1,388 1,102 1,531 22.793 11.263 Anatysls of grants 2024 2023 Grants to Instltutlons Grants to institutions type 197,704 64,658 Grants to Individuals Grants to Indlvlduals type Tolal grants 405,050 602.754 560,129 624.787
rrBA BELZ Company Limlted by Guarantee Notes to the Financial Statémènts (cottthu Year ended 31 May 2024 10. Independent oxamination f 2024 2023 Fees payable to the independent examiner for. Independent examlnation of the flnancial statsments 1,440 1,200 11. Siaff costs The total staff costs and employee benefits for the reporting perh)d are analysed as folhJvs: 2024 2023 Wages and salaries 11,549 The average head Count of employees dung the year was 2 (2023.. NII}. The average number of full-tlme equlvalent employees durlng the year 1$ anatysed as follows.. 2024 No. 2023 No. Number ofstsff No employee received emthee benefits of more than £60.¢)00 during Ihe year12023: Nil). 11 Trustge remunoratlon and expenses There were no trustees, remunerallon or other beneffts for Iha year ended 31 May 2024. 13. Debtors 2024 2023 other debtors 13
TTBA BELZ Company L5mlted by Guarantee Notes to the Flnanclal Statements (¢ontt Year ended 31 May 2024 1& Crnditors". amounts falllng duo wlthln one y•ar 2024 2023 Trade creditors Aral$ and deferred Incom8 Olher ereditors 1,200 1,440 793 1.200 3.433 1,200 15. Analysls of charftable funds UnreStrI*d funds At 1 June 2023 At Income Expandliura 31 May 2024 General funds 41,028 676.309 (714.500) 2,837 At Incoma Expenditure 31 May 2023 1 June 2022 General funds 193,417 683,309 {835,698) 41.028 RtrIcted funds At 1 June 2023 At Income Expendlture 31 May 2024 R8strict8d Fund 20.000 18.2761 11,724 At 1 June 2022 Al Income Expenditure 31 May 2023 Restricted Fund 14
rrBA BELZ Company Llmited by Guarantee Notes to the Flnanclal Statements (¢onUnu•dJ Year ended 31 May 2024 16. Analysls of nel ass•ts b•tw•on fvnds Unrestricted Total Funds Funds 2024 Current assets cd[torS less than 1 year N•t assets 17.994 13,433) 14.561 17,994 13,4331 14,561 UnrestriGted Total Fund$ Funds 2023 Current a55ets Creditors less than 1 year Net as8els 42.228 11,200) 41,028 42.228 11.21)0) 41,028 17. Analysis of changes in not debt At At 1 Jun 2023 Cash flows 31 May 2024 Cash at bank and in hand 42,228 129,234} 12,994 15