Chavityrewstvatitin nuMr 1195729 (England and Walesl Conwany reelstratlom number 12746123 BNJC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
BNJC LEGAL AND ADMINIRATIVE INFORMATION Trustees JAOohm EJ Estrin (Appointed 13 July 20241 (Appointed 27 November 20251 S Goodman M R Isèat Rsimon M Sugarman R Wenstone (Appointed 13 July 20241 (Appointed 24 Mèrch 20251 (Appointed 3 December 20251 CrIty number 1195729 Company number 12746123 Re8lstered office Maria House 35 Miller5 Road Bri8hton BNI 5NP En8lènd Audltor HW Fisher Alit Acre House 11-15 Williom Road London MWI 3ER Llnited Kingdorn
BNJC CONTENTS Trustees. report Statement of trustees. re5poThsibilities Independent auditor'5 report Group statement offinanclal acte5 8alance sheets io Group ststement oftèsh nows li Note5 to the linan¢ièl 5tatemehts 12-24
BNJC TRUSTEES. REPORT IINCLUDING DIREoR5. REPORT) FOR THE YEAR ENDED 30 JUNE2025 The tru5tee5 present their annual Teport and financial 5talernertsfor the yearended 30June 2025. The financial 5tatement5 have been Pfepared in accordarKe with the acu>untin8 policie5 Set out in note I to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 20r and "Accountin8 and Reportin8 by Charities.. Staternent of Recommended Prathce appliCae to charities preparin8 their a¢Lount5 in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffec l January 20191" The charSty's oblertlves are to benefit the residents of Brighton and Ho¥e and the suffoundln8neighbourhood. In partictslar but not excluslvelythose residents who profess the Jewish faith. the provisien of early yearseducation through piowdin8 nursery faciliDe the relief of unemployment or financial hardship through the provision of eLlucation, trainin8 and co-working spaces to enable IndNiduals to generate a 5ustsinable income and be self.styfficient. The policie5 adopted are in furtherance of these objecbve5. and there ha5 been no chan8e in the5edurin8the year. The Tru5tee5 confirm they hwe complied with Ihe duty in Ihe Charitles Art 2011 to have regard to the Charity Cornmi55ion'5 general guid3nce on public benefit,'Charities and Public 8enefiV. Jewlsh Ctsmmufilty Hub The year ended 30 June 2025 ¥Yas one of ¢onsistent o)mmunity athity and deliberate fountlation-buildin8 for BNJC IBri8hton & Hove Jewish Comrnunity Hub). Throu8hout the year. the OrganisaOn brought people tO8ether aroufid Jewish lits, leamin& and celebrètton, while Strenhenlng Its operèiional struttures and financièl sustainability. Our Puvpose, Mlsslon •nd Wslon BNJC'S foundin8 purpose was centered on building and opening a community hub with the infrastrutture to support lewlsh Ilfe In Bri8hton & Hove. Twe years on, with the doors open and the community 8rowin& the organlsafjon turned its èttentton to what comes next. Ouring the year, BNJC reviewed and rewrote its foundational statements of purpose, mlssion. and vision to reflect thls next chapter. These now gulde stratewc directJn and oFeratSonal delweryacross theor8anisatr"on. Our purpose Is to enrich Jewish Ilfe In 6righton & Ho¥e. empMrin8 indi¥val$ to explore their Jewish identity, connect wlth others, and become actrve members of 3 vibrani communi1¥. We bring people of all background5 togeth to celebrate. learn, and Brow. Our m155ion 15 to 5tren8¢hen Jewish lrfe irb 8ri8hton & Ho% by offerin8 the space& 5ervice5. and experience5 0 Jewish communlty eeds to thriwe. We do this through purposelul pro8rammin& outstsndin8 k05her food, and welcoming places to gather, leHrn, and elebrate. By making Jewish life more visible and accessible, we empower people lo find their place and play an active role in the story o16righton'5Jewith community. Our vision 15 for Bri8hton & Hove to be a city whereJewi5h life 15 vibranL accessible, efflbrLed by a connected camrnunity. We aspire to be a place of belon8iThg for Jewish people locally. nationally. and internationblly, and a cuttural and educational resource ft)r thewider comtnunity. Community Life and Pro8Nmmin8 Community programrning refflained the steady heartbeat of the organi5ation throughout the year. Weekly activities, including UIp3n Hebrew c1355e5 for children and larnilies, youth clubs acr055 a8e 8roups, children's Shabb3t 5LYvice5, and regular open evening5 for jewish student5 through JSOC, gave the cornmunity ConStent and reliable reason5to gather. Festival pro8rèmming tontinued to brin8 pÈoplÈ tO8ÈthÈr * key moments in thÈ Jewish calendar. Atr055 R05h H85h3nah, Sukkot, Chanukah, Tu 8'Shvèt, Puritn, and Pe5ach, the organisknon oftered acce55ible, intergenerationèl ielebration5 thèt drew both re8ular parbcipant5 and families who ionnect primarily afound fethal moment5. Sukkot Shalom brou8ht together local kith and civic leaders for an afternoon of interfaith connethon. The Chatty Calé offered a relaxed, open weekty space for the whole neighborhood threuÉhout theyear.
BNJC TRUSTEES. REPORT IINCLUDING DIREoR5. REPORTI (CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 One moment in the yeaT stsnd5 apart. In October 2024. BNJC h05ted 'Remernbering With One Heart,, an evening of communhl remembrance marking the first anniveTsary of 7 October. cer 130 people carrbe together. It was one of the most significant 8atheririgs the or8ani5ation has h05ted, and a remiThder ol the Tole a comrnunity hub plays at mornents that go beyond programming. N0•1 Proflle and Sh•bbatonlm BNJC continued to develop its prolile as a destination for national JevJi5h or8anisations. The ShabbatonirTI programme welcomed residential 8roups from 3cro5S the country through0 the year. providing irnmer5we experiences of Jewish life in Bri8hton Visitors of all age5 and back8round5. Or8anisJtions h05ted included those a550ciated with the Office of the Chief Rabbi and Seed. alongside others repre5entin8 the breadth ofjewish life and practi. YOFI Rèstaurant In 2026, 6NJC's kosher restsurant and deli was repositioned as YOFI. a Thame, a refined menu, 3rd 3 sharper Identrty built around Jewish food tradition5 from across the diaspora. Thi5 15 a signihcant addibon to jewish life In Brighton & Hove, and to the organisation's offer. YOFI draws on Jew5h food tradibons from across the diaspora, with a menu inspired by Ashkena2i, Sephardi and Middle Eastern cookin8, rooted in history and made for 5harin8. The restsurant operates under KLBD license. It has quickty become 3 space for the kind of informal connecilon that communty lile run5 on, ano a fvller public launch 15 planned for the year ahead. Shoresh Nursery Shoresh Nursery continued to offer children trorn 9 month5 to S years an environment where care and earw years education 51t alongside a Jewish curriculum desi8ned thovghtfulw for this stsBe of lrfe. The nursery team brings genuine dedication and con5i5tency to every day. and the atmosphere is one larnilie5 often comment on before they mention anything else. Shoresh 15 bulldinB Steidily, and remain5 a valued and trusted part of the hub. An OFSTED ins(tion in March X126 ha5 IndlcJted 5tron& improvements in 3113reas asse$5ed. Syrwgolue and Mlk¥•h BNJC Is home to a Syna6ogue and Mivah, bh operad IndependeTht by 0rl8htoTh and Ho¥e Hebrew coreathOn, Durln8 2025, the Mlkvah opened for the fi.rst time. a meaningful development for Jewish communal life in the city. ReBular minyanim tske place in the Synagogue. prowdlng space for daity prayer. The wider centre remains oFen and welcomin8 to eweryone, whatever thelr relatton5hip with Jewlsh prathce. Goverrwnce and Compltsnce The or8anisatton conttnued to stren8then its 8overnance framework threu8hout the year. with on80in8work across sèfe8uèrding, health and safety, and food hywene. This work was a deliberate priorTty. prowdin8 the operafjonalf0unda0n on which sustèinable 8rowth can be built. The Trustees ha¥e maintsined acfNeoversi8ht throv8hout. LoolThg Ahead The year èhea(J repre5ent5 a 5tÈp for¥vard. The foundètions put in place during thi5 period. in operons, financial management, and community pr¢8rammin& have created the tondition5for8rowlh wilh confiden. Since the close of the financial year, that momentum has already be8un to show. Fethal pro8rèmmin8 has cenfjnued to 8row In reach and warmth.. Chanukah celebratbons drew over 2(Kl people ècross mvltsple community events in December 2025. Purlm breuÉht more than 70 people to our community tsif in March 2026 and our Ulpèn classes and youth clubs confjnue to grow year on year. The Shabbatonim programme hès e¥panded. with naDonal orBanisatw)ns indudinE the Office of the Chief Rabbi. Seed, Jewish Care. and ICC Global brinwn8 residenDal Eroups to BriEhion. YOFI is preparing frjr Its fullw public launch. The organisation is a150 Investing in its communicarons and brand. so ihat what has been built here can be seen and reached by the people it existsto serve. The next chapter Is already underway.
BNJC TRUSTEES. REPORT IINCLUDING DIREoR5. REPORTI (CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Flnanclal review For the year ended 30 June 2Q25. the Eroup gei)erated income of £4,088.88112024". £2.987,303I. Totsl empendlture for the year was £4,152,30012024.' £3,139,745>. For the year ended 30 June 2025. the group had net expenditure of £63.41912024.. £152.4421 which resulted in re5erwe5 at the year*nd of £2,626,77112024.. £2,69?.ITr. Re5er¥es pollcv It is the policy of the charity that unrestricted fund5 which have not been designated for 3 5pecrfic use should be maintained at a level equivalent to between three and six-month5' expenditure. The Trustees con5ider5 that reserves at this level will ensure that, in the event of a 5ignific3nt drop in fundin& they will beable to Contin thecharity's current acb¥itie5 while con5iderhtion is wven to Way5 in which additional funds m4v be rhised. Stvurture. Bo¥errwnce and man1Ment The charity 15 a private company limited by guarantee. incorF¢yated under the CoMnieS Act 2¢YJ6 with a re815tratiw number 12746123. It is a150 registered with the CharityCommis5ion 119S729. The tru5tee5, who 3re a150 the dirertor5 lor the pU>Se ol compary laY antl who Seed dvringtheyear and up to the date of Si8nèture of the linancial 5tatementswere.' JABohm Y Breuer R F Comer (Appointed 13 July 2024 and re518ned 30June 20251 (Resigned 14January 20251 (Reygned 27J3nuary 20261 (Appointed 13 July 20241 IAppDinted 27 N¢)vernber 20251 M P Davld5 S Goodman N R Isaac R Simonwn M Sugarman R Wenstone (Appoifited 13 July 20241 (Appointed 24 March 20251 (Appointed 3 Oecember 20251 Twstees are èppointed for a three-yearierm, and atihe end of each term they shall re from offi. but are eli8lble for reappolntment. Nene of the Trustees has any beneficial interest in the cOmn¥. All of thÈ Trustees #re members of the entity and guarantee to Contribute £1 in thee¥entof a windin8 UP. The or8anisational structure consistsof a CEO supported by a team to ensurÈsmooth runnin8 olthef3cilityand to furtherthe 8oals of the charity. olst1osu of information toaudtt Each of the trustees have conlirmed that there is no inforrnation of whi£h they are aware which t5 relevant to the audit, but of which the 3uditor 15 unaware. They have further confiTmed that they have takn appropriate step5 to identify such relevant inform3tion and to e5tabli5h that the auditof is aware o15uch informatiDn. The tru5tee5' report wa5 approved by the Board olTru5teek M Su8arma Trustee Dated.. 25 Jun 2026
BNJC ATEMENT OF TRUEE5. RESPONSIBIUTIES FOR THE YEAR ENDED 30 JUNE2025 The trustees, who are a150 the director5 of BNJC for the purw5e of cornpany law, are re5POn5ible br preparin8 the Trustees. Report and the linancial staternent5 in accordanCeth aPicable law and Untted King(kn Accountingstandards (United knngdom Generally Accepted Accounting Practice). Company law requlrÈs thÈ trustÈes to prepare flnancial ststements for each flnancial ar which a true and fair vl@w of the state of affairs of the charity and of the in£omina resourtes bnd applicaOn of resourtes, includin8 the income and expenditure, of the charitsble companyfor th* year. In preparSng these financial statements, the trustees are required to- select Sultable accounting policies and then apply them cot)sistently. observe the methods and principles in the CharitiesSORP- make judgements and estimates that are reasonable and prudent.- - State whether applicable UK Accounting Standards have been followed. sufyect to any material departures disclosed and exaIned in the financial 5tatement5' and prepare the linancial Statements on the 80in8 concern basis unless it 15 inappropriate to presuffe that the charity will conne in operation. The tru5tee5 are re5pon5ible for keepInglequate accounting record5thatdi5c105e with reasonable accuracyat any Vme the financial Position of the charity ond enable them to ensure that the linancial 5tatement5 comply vlith the Cornpanie5 Act 2Tr)6. They are hlso re5pon5ible for sHfe8uarding the o55ets of the charity Jnd hentt for tsking rea50nable Steps for theprevention and detection of fraud and other irre8ularitbe$.
BNJC INDEPENOENT AUDITOR'S REPORT TO THE MEMBERS OF BNJC Oplnlon We have audited the h"nancial statements of BNJC Ithe'pareni charity'l and Tts SUbdIar1e5 Ithe'group'l for the year ended 30 June 2025 which comprise the statement of financial acti¥ities. the balance sheei. the statement of cash flows and notes to the financial statements. Including significant accounting policies. The financial repomng framework thar has been applied In their preparation Is applicable law and United Kingdom Accounting Standards. Including Finanoal Reporring Stsndard 102 The FiJ)onciol Repomn Stondardupplicoble in the UKondRepubli£ of Irelond (United knngdom Generally Accepted Accounting Practitrl. In our opinion, the financial ststernents.. Éive a true and falr view of the state of the group's and parent chariws alfairs as at 30 June 1125 and of the group's Incomlng resources and application of resources. including its income and peNdIture. for the year rhen ended,. hève been properly prepared in accordance with United Kingdom Generally Aciepted Aciounting Practice.. ond have been prepared in accordance with the fequirementsof thecompanies Act 2{and theCharitie5Att 2011. eaS for oplnlon We conducted our audlt In accordance wlth International stsndaids on Audi$ IUKI 11&4s IUKII and appllcable law. Our responsibllifjes under those stsndards are further Jescribed in the Auditors rewnsibilileslor the oudir ol thefinortciol stiements secfjon of eur report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the h-n8ncSal statemenis In the UK, includin8 the FRC'S Ethical standard. and we have fulfi-lled our other ethical responsibilifjes In accordance with these requlrements. We believe th the audit ewdence we hawe obtsined 15 5uffi"cierrt and approprlate to provlde a basis for our opinion. Concluslon5 rela&to8n1 wicern In audifjng the h"nèncial statements, we hawe concluded that the trustees, use ol the goln8 concem basls of accoUnn8 in the prepiratton of the financial statements isappropriate. Based en the work we hève performed, we hève not Identffied any mètsrial uncertalnfjes relan6 to events or condlfjons that, individually or collectively, may cast signifi.cant doubi on the group's and parent charity's abillty to conttnue as a gelng concern for a perlod of at least twelve months from when the h"nancial statements areauthorised for issue. Our responsibil[e$ and the responsibilitles of thetrustee5With resFe£t to 80in8 concem are descrlbed In the relewant sectbons of thls report. Other Informadon The other infermafjon Cemprises the informatson included in the annual report other than the financial statements ènd our auditor's report thereon. The trustees are responsible for the other infomiafjon wntèined within the annual report. Our opinion on the financlal statements does net cever the other Infomiation and. except to the extent otherwise explicitly stèted In our report, we do not express èny form of assurance conclusion thereon. Our responsibility is to read the other Inforwtion ènd. In doing so, conslder whether the other Informanon Is materially inconsistent wilh the financial statements or our knowledge obtèined In the course of the udlt, or otherwise appears to be materiall¥ misstated. 11 we identyfy such material Inconsistencies er apparent material misstaternents. we are required ro ddermine whether rhis gNes rise to a material misstatement in financial ststements themselves. If. based on the work we have Ferformed. we condude that there is a material misststement of this other inform3thon, we are required to report rhat fact. We have nothing to report in this regard. Oplnlons on other matters presulbed bythe CompanSesArt 2L In our opinion, based on the work undertaken In the course of our èudlt-. the information wven in the tru5tee5' report for the financial year for which the financial 5tatetnent5 are prepared, which include5 the director5. report prepaTed for the purpose50f company law. 15 consistent with the linancial 5tatement5', and the director5, report induded within the trustees, report has been prepared in accordance with applicable legal requirements. Matters on whlch we are requlredto repwt by excepti In the light of the knowledge and understsndinE of the group and parent charity and their environment obtained in the course of the ud, we have not Identhed material misst*ements in the direttors. report induded within thetrustees, report.
BNJC INDEPENOENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BNJC We have nothin8 to report in respect ol the following matters in relati¢)n to which the Cornpanies kt 2Tr)6 requires u5 to report to you if, in our opinion.. adeouate accounDng records ha¥e not been kept by the parent charity, or returns adequate for our audSt have not been received from branches net visited b¥ us.- or the parent tharity'sfinancial ststÈfflents are not in agrÈemÈntwith thè attountin8 retordsand returns.. or certsin disclosures of tru5tee5' remuneration speufied by laware not made; or we hève not recelved all the informatton expl3nattonswe requirefor our èudit., or the tru5tee5 were not entitled to prepare the financial ststements in accordan with the 5rnall cJnpanie5 regime and take athiantage of the small companies. exemption5 in preparing the tru5tee5' report and from the requirement to prepare a str3tegi£ report. Re5ponslblllt6es oltru5tees As explained more fully in the statement of trustees. resF4Jnsibility"e5. the trustees, who are also the director5 of the charity for the purpose of company law, are responsible for the prepararion of the financi31 ststements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparatron of linanci31 ststements that are free from material mi55tatement, whether tlue to fraud or error. In preparing the financial ststements, the trustees are re5pon5ible for a55e55in8 the 8roup s aThd pant chariVs ability to contirbue a5 a 80in8 concern. disclosin8, as applicable, rnatters related to 8oin8 concern and usin8 the goin8 concern basis of accovntiThg unle55 the tru5tee5 either intend to liquidHte the grovp or pèrent charitsble company or to cease operations or have rbo realistic alternatwe Imjt to do 50. Audltor'5 r¢5ponslbllltlesfor the •udll of Ih¢fftnan¢lal stalemw Our objectbves are te obtain reasonable assurance about whether the financlal statements a5 1 whole are free from materlal mlsstaternent. whether due te traud or error. and to issue an auditor's report that includes our Dri00. Reasonable assurance 15 a high level of assurance but Is not a guarantee that an audit conducted in accordance with I5 IUKI will always detect a Material missiaternent when It e¥i5ts. mItatementS can arise from fraud or error and are considered material if, Indiwdually or In the a86regate, they could reasonably be expected to infiuence the econornic decisions of users taken on the basis of these financial ststements. The extent to whlch our procedure5 are capable of detethTr8 irreBularit*s. includin8 froud. 15 detailed below. A5 part of our pl3nnin8 pr(Ke$5'. WÈ enquired of management Ihe systems and ¢ontrds the group has ih 4¢e. the areas of the finan¥415tatement5 that •re most 5usreptible to the risk of irre8ularityes and fraud, and whether there was ary known, suspected or alleged fraud. The charity did not inform us of any known, siispe£ted or allwd frbud. We obtainÈd an urider5t3ndin8 of thÈ le8al ènd re8ulatory Irameworks applitablè to the charity. WÈ dètÈrminÈd that the followin8 were m05t rÈlÈvant'. thÈ Charity SORP, 102, Charsties Art 2011. Comp3niÈ5 Att 2006 and Ofsted. One of the 5ub5idiÈrie5 must a150 tomply with the Food SafetyA(t I9 ènd the General Food Lèw Re8ulètion IECI 17812002. We considered the incethves ènd opportunittÈs that exist in the chbrity, includin8 the Èxtènt of mèna8ement bias. which present a potential for irre8ularittes and fraud to be pÈrwuatÈd. and tailored eur risk assessment èccordin81y. Usin8 our knowledge of the charity, tO8her wTth the discussions held wTth the chèrity at the plannin8 stsge. we formed a conclusion on the risk of misststement due to irre8ularifjes includin8 fraud and tailored our procethres accordin8 to thls rlsk assessment. The key precedures we undertook to de£l Irre8ularffjes Includin8 fraud durin8 the course of theaudit included.. IdenJfyinzand tesfjnglournal entriesand the owerall accounting records. in r)cular thosethar were significant and unusual. Reviewingthe Anancièl statement disclosures and derermininB whether accounting polioes have been appropriately applied. Reviewing and challenwnethe aswmpttons andjudgements used by managemenr in their signikant xcountrng estimates. ASSeIng rhe extent of compliance. or lack of. vjiih rhe rdevant laws and regulations. ASSeIng the validity of the dassifficatron of income. expenditure, assets and liabilibes betwe unrestricted and restricted funds. Testing key income lines, in particular cut-off, for eviden of management bias Performing a physic31 verification of key assets. Obtaining third-party confirmation of material bank balafi. Documenting and veritw'ng a115ignfficant related partyand con50Tidated balances and tran5aciion5. Reviewing docurnentation such as the charity board minutes foT di5CU55ion5 of irre8ularitie5 includingfraud. Te5tingall material consolidation adjustments.
BNJC INDEPENOENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF BNJC Owing to the inherent limitation5 of an audit. there is an vnavoidable risk that we may not have iÈterted some material isstaternents in the financial statements even though we have properly planned and performed Dur audit in accordance with audthng stand3rd5. The prirnary responsibility for the pfevention and deteition of irre8ularthes and fraud rest5 Wlth the trustees of the charity. A further destription of our rÈswnsibilitiÈS is avaitsble on the Finarial Reporting Countil's wèbsite at.. https../lwww.frc.or8.uV 3uditorsresponsibililes. This description forms of OUTauditoT's report. Use of our report Thi5 report 15 rn3de solelytothe charitsble company'5 members. asa body, in accordance with Chapter 3 of Part 16 ofthe Companie5 Act 2006. Our audit work h35 been undertaken 50 that we might state to the charitable company s members those rnatters we are required to state to them in 3n auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or a$5ume re5pon5ibility to anyone other than the charitable company and the charitaNe cornpany 5 memb5 a5 d body, for our audit work, for thi5 report. orfor the opinions we h•veft)rmed. Orthn Chaudhury (Stfilor SttutwALthorl for and on tself of HW Flsher Audlt Chartered Accountant5 Ststutory Auditor Arre House 11-15 WS11iam Road London NWI 3eR Unitsd Kingdom 25 Jun 2026
BNJC GROUP ATEMENT OF FINANCIAL A1VITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE2025 Current financial year uThreArfc rellned Re5tr1rted thjnds lund5 fund5 8eneral delzna 2025 Totsl Total 2025 2025 2024 Donations and1È8aties Charitable activities Other tradin8 athIle$ 2.891.563 183.325 862.440 151.553 3,043,116 183,325 862,440 2,296.208 53.172 637.923 Total Intome 3.937.328 151,553 4,088,881 2,987,303 Raisin8funds 2.86183 2,861,883 1,794.570 Charitable activitie5 918.320 220,544 151.553 1,290,417 1,345,175 Tot•1 r•wur¢e5 expended 3.7.203 220,544 151.553 4,152,30D 3,139,745 Nei Incomlnglloutwngl resourEestsefwe iransler5 157,125 1220,5441 163,4191 1152,4421 Gros5tr3n5fers between lunds 166.269 176,633 1342.9121 Net rnovtrnent In lunds 323.394 143,9111 1342.gY121 163,4191 1152,4421 Fund balances èt i July 2024 1276A761 2,624,164 342.gY12 2,6gYI,190 2,842,632 Fund b•lantesat 30June 2025 46.518 2,580,253 2,626,771 2,690,190 The statement of financial a¢hwties indles¥ll gainsand losses rt¢O8nised in the year. All income and expenditure dÈrwÈ from t0ntinuin8attltiQ$. The statÈment of financial artitIeS èlso complies with the requirements lor an income and expenditure èccount under the Companies Art 2W6.
BNJC GROUP ATEMENT OF FINANCIALA1VITIE5 ICONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE2025 Prfor finandal year rellrfaed Unrestrirted lund5 fund5 general desl8nated 2024 2024 Re#rfued lunds Tthl 2024 2024 Donations and1È8aties Charitable activities Other tradin8 athIle$ 2.186,365 53.172 637,923 109,843 2,296.208 53.172 637.923 Total Intome 2.877,460 109,843 2,987,303 Raisin8funds 1.794,570 1,794.570 Charitable activitie5 1,179,458 55,874 109,843 1,345,175 Tot•1 r•wur¢e5 expended 2.974,028 55.874 109,843 3,139,745 Net Incomln8llout8vln81 r¢¥ovr¢¢sbtlry¢transl¢ 196.5681 155.8741 1152.4421 Net lexpendlturelllncryne for theye•rl Net mo¥ement In lunds 196,5681 155.8741 1152,4421 Fund balances at l Jul¥ 2023 1180,XWI 2.680.038 342,902 2,842,632 Fund lanCe$t 30June 2024 1276,8761 2.624.164 342,902 2,690,190 The statement of financial athwttes indudesall 83insand losses recognised in the year. All Income and expendlture dert¥e from COnn1n83C1tie$. The statement of financial actwitbes also complies with the requirements lor an income and empendlture account under the Companie5 Act 2CQ6.
BNJC BALANCE SHE ASAT30 JUNE2025 Grwp 2025 Charlty ZOZ5 Z024 2024 Flxed Tangible èssets Investments 3,416,C05 3,653,998 40,314 2,262,779 49,567 2,716,931 3,416,085 3,653,998 2,303,093 2,766,498 Current assets Stocks Debtors Cash It bonk and in hand Is 28,552 825,804 228,887 60,169 350,608 34,839 7CQ,601 209,473 140,438 4,190 1,083,243 11,872,557) 445,616 11,409,424) 910,074 1517,0151 144,628 1220,8411 Credltor5'. amounts lallln8due wlthln one al 17 Net current liabilitie5 1789,3141 1963,8081 393,059 Tot•1 •ssrts l•ss ¢yrr•nt Il•blll¢S•s 2,626,771 2,69),19J 2,696,152 2,690,285 Income fvnd5 Restricted funds 19 342,902 342,902 Desi8nated funds Gènèral unrestritted funds 2.$80,253 46,518 2,624,164 1276,8761 2,624,164 1276,7811 2,696,152 2,626,771 2,347,288 2,696,IS2 2,347,383 2,626,771 2,69J,19J 2,696,152 2,69J,285 The Charity'5 net incomè for thÈyear wa5ES.86712024'. liÈteXndl1Ure of £S58.2361. 25 Jun 2026 The financial statÈmÈnts were èpprovÈd by thÈTru5teeson......................... M Sugarman Trustee Company Registration No. 12746123 10-
BNJC ATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE2025 2025 2024 Notes Cash flows from operatln8 aCtl¥llle5 Cash 8enerètÈd from operatkns 24 261.971 87.078 In¥estlni ath¥Mes Purchase of tangible fixed 355et5 Proceeds from disposal of tangible lixed assets 179.8341 11.911 1152.4731 1.080 Netash used ID Irwe5tin8 actie5 167.9231 1151,3931 Net rash seneratsd from fin(Ing¥tIO$ Net In¢reas¢lld¢rye•sel In and ush w4¥al¢nts 194.048 164,3151 Cash and ¢ash equivalents at bÈ8Snnln8 of y¢ai 34.839 99,154 Cash and tash equlvalents It end of 228,887 34,839 11
BNJC NOTE5 TO THE FINANCIAL ATEmENTs FOR THE YEAR ENDED 30 JUNE2025 Ac¢ountin8 poll¢ies Charity irTrlormatioTr BNJC Is a privare company limited by Ruarantee incorporated in England and Wales. The rew5tered offitr 15 Maria House. 35 Millers Road, Brighton, BNI 5NP. EnOand. 1.1 Accountin8 Convention The fi.nancial statements have been prepared under ihe hlsiorlcal cost con¥enfjon. The prlncipèl accounfjnE pollcies adopted are set out below. The h"nancial statements have been prepared it) accordance with the Charity's RovwninE document, the Companies Act 2W6. the Charities Act 2011 and'AccounDngand ReporDfiRby Charities." Statemenr of Recommended Prathce applicable to charities preparing their accounrs in accordan with ihe Financial ReporDng Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective l January 20191". The Charityis a Public Benefit Entity asdefined by FRS 102. Con501idated financi31 statements have been prepared for the charity aThd it5 trading sub51dièrie5, Trading Limited and Novellino Brighton Limited. The resutts of the subsidiaries have been consolidated on a line by line basi5. The charity has taken athantage of 5.408 Companie5 Act 21Y)6and has not prepared a Separate Ststement of Financial Acbvities for the ch3ritv. 1.2 Goln4 concern At the of approvin8 the financial 5t3tements. the trustees have 4 reasonable expectation that the chjrity has adequate resources to tontlnut in operaottl exi5tÈnte for the fores¢eabl¢ futuo. Thus the trus¢e¢s wntlnue t¢ adopt the 80ing ¢oncern basis of actountin8in prepbring the linan¢ial statements. uMatelY, the tnttty will be supported by The 8loom Foundatton, a fonnected charity, who h8¥e confirmed thelr support to cover any financial shortfalls for èt least 12 months from the approval date of these financial statements. The Trustees hève a reasonable expectatton that the Chèrity and its subsidiarieswill be able to contlnue in OPerèon for the foreseeable future. 1.3 Ch•rlt*ble lunds Unrestritted funds are avallable for useatthe discretlon of the trustees In fvrtheranceof thelrcharStsble oblecttves. Restricted funds are stsbjert to speciftc conditSons by donors as to how they mty be used. The purposes and uses of the restritted funds are set out in the notesto the financial statements. Oesl8nated funds are subjeci to specific conditSons for use. asset thetrustee 1.4 Income Income Is reco8nlsed when the tharit¥ Is legalty enty.tled to it after any perfwfflan condibons hwe been met, the amounts an be me35vred reli3bty. and it is probable that income will be recei¥ed. Cash donations are reco8nised on receipt. Other donations are recognised once the charity has been notihed of the donafjon. unless performance condittons require deferral of the amouni_ Income tsx recowerable in relatson todonatsons recelved undei Gift Aid or deeds of covenant 15 recogni5ed at the Dme of the donation. Trading activity income. includingincome from 5hort-term letbng and hi of tscilities, is recognised In the period in which the goods or seNi£es are provided. Income is ststed netof VAT and di5COUn Amounts received in athance are delerred and recognised ¢rthe period to which they relate. 12-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Accountins policie5 Icontinuedl 1.5 Expendlture RÈsour(es expended arÈ retO8nisÈd in the period to which they rel*e. Olrett charltable expenditure comwises all the expenditure relatfng to the acisviifes carried outto achieve the chèritèble oblectbves. Support costs represent costs that cannoi be directly attributed toacD¥ities. These costs have teen allocated acre55 the charitable activines on the basis olgr3nt expenditure. Governance Includes the costs of compliance with constitutional and 5tstutory requirements and ha5 been allecated ècr055 the charitable acts¥e5 In the same pToWrtns as support costs. Wages and 5alarie5 h3ve a150 been allocated across thecharitsbleactivities on the basis of time. 1.6 Tan8Sble flxed ass$ Tangible Axed 355ets are In111Y measured at tost and subsequentty measured at ¢osi of valuaiion, ntt of depreciatfon and any Impalrment losses. Depreciatton is reco8nised 50 as to write off the c05t or valuatk>n ol a55ets le55 their residLwI value5 Dr their useful lives on the following ba5e5'. Le35ehold land and buildlngs Equipment and Machinery Fixture5 ènd fitting5 Educafjonal Resources Str3iBht line over the term of the lease
S yearson a straight line basis 7 ye3rson a 5trai8ht line ba515 3yearson a strai8ht line basls The gain or loss arisin8 011 the disposal ol an asset is determified as the thne* between the sale proceeds and the earryina value of the asset, and is recognised in the statement of fimncial act11& 1.7 lrnpalrmenl olflxed 49s•t$ At each reportin8 end date. the charily reviews the carryin8 amounts of its tatl8ible assets to determlne whether there Is anv indication that those assets ha¥e suffered an impairment loss. 11 any such indication exists, the reco¥erable amount of the asset15 esttmated In order to determlnethe extent of the Impalrment loss Ilf anyl. 1.8 Stocks Stocks are ststed at the l¢)wer of c05t and rbet reali5ablevalue. Net reali5able value 15 the estimated Selling price less all estimated costs of completion and cost5 to bp incurred in marketin& sellin8 and distribution. 1.9 Cash and cash eguivalents Cash and cash equivalent5 include rash in hand. depoyts held at rall with banks. other 5hort-term liquid investments with original maturitie5 of three month5 or less. and bank overdrafts. Bank ¢)verdrafts are shown within rrowIng5 in current 13-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Accountins policie5 Icontinuedl 1.10 Flnanclal Instrumerfs ThÈ charity has elected to appty the provisions of SÈthon 11 'Basic Finantsal Instruments, and Section 12 '0ther Finantial Instruments Issues. of FRS 102 to all of itsflnancièl instrument& FSnèn£ial Instruments are reco8nSsed the charlty's balano sheet when the chartty be£omes pèrty to the contractual previsions of the instrument. Financial assets and liabilities are olfset. with the net amounts presented in the financial statements. when there is 3 legallv enforceable right to set off the recognised 3mountsand there is an intenmn to settle on a net bags or to realise the a55et and settle the liability 51multaneol. Basic fi"nèncial assets, whlch Include debtors and cash and bank balances. afe inifjally measured at transèthon prlce Includlng transacnon costs ènd are Subsequent carried at amorDsed cost un8 the ellectwe interest method unless the arrangement consntutes a hnanclng transactton. where the transacDon Is measured at the present value of the future receipts dlKounted at a market rate of interest. FSnancial assets classifi.ed as rec•vable within one year are not amorfsed. Bèsic flnancial liabille$, Includin8 creditets are iniifally reco8nised ai transathon price Un$$ the 8rran8ement consfjtutes 8 financing transaction. where the debt instrument is measured at the present value of the future KByments discounted at a market rate of interest. Financial liabilleS classified as payable within one year are not amorttsed. Trade credltors ère obli8èttons io pa¥ for 8oc4s or services that ha¥e been xoulred In the Ordin course ef operafjons from suppllers. Amounts payable are classifi-ed as current liabilines Il payment is due within one year LY less. If not, they are presented as non-£urrent liabilities. Trade creditors are recognised Ininally at transaction prl£e and subsequently measured at amorttsed cost U5in8the effective interest method. Dwe¢ognlllon otrAln4mdollloblllhes Finèncial lièbilittes are dreco8nised whenthe chartvs contrattual obliwons expireorare dlschar8ed or cèncelled. 1.11 Employee beneffts The cost of any Unus holidoy entitlemefit is re¢o8Nised ifi the period in which the employee'5 semces a reIved. Termination benelits are reco8fiis immediately a5 Èxpense when the tharity is demonstrably tommitted to tÈrminatè the employment of an employÈe orto termination benefits. 1.12 Retirtmert befieffts Paymentsio defined contribution retirnent benefftxheme5 are charged a5 an expense a5 theyfall due. 14-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Crlti(al occountins estimatesand judgements In the application of the chartty'5 accountin8 poIKie5, the tru5tee5 aTe Te4uired to rnake jud8ernent5, estirnate5 and assumptions about the Girrying amount of assets and liabilitie5 that are not adI1¥ apparent frorn other 50urce5. The estirnates and associated èssUmpts are based hi5torKal experierKe and other lactors that are considered to be relevant. Attual results may differ from theSeesMIlt$. The esfjmates and underlying asSuMp0n$3re feviewed an ongoing basis. Revisions to accounting eSMateS are recognlsed in the perlod In which the esttmate Is rl$ed where the revi0Th affects On that perfod. or In thè period of the and future periodswhere the rlon affects both current and future periods. crI(al ludiements Impalrment of Intercompany loan5 Icharlty The charity reviews its intercompèny loèns to Its stsbsldlarles for Impèlm)eni at each repotfjng date, emercislng judgement Sn assesslng whether the subsidiaries can geneiate sufficient futufe osh flows to repay the anCeS. This assessment conslders current tradin8, future prolethons, 3¥èSlat4e fundin8and the subshliary's rolewlthin the Group. Inrne Irom donatlons and legacles Unrestthted Re*rfrted nds nds Total Unvestrlrted Re5tr1rted nds nds Total 2025 2025 2014 1024 2014 D¢naon$ ènd glfts 2.891.563 151.553 3.043.116 2.186.365 109,843 2,296,298 Umestrfrted lunds 20 Unre5trlrted lund5 2024 En8a8ement Income 183,325 53.172 Inrne1r0m othertradln8atlS¥ltS Unrestrftted lund5 20Z5 Unrettrlrted fund5 ZOZ4 Trading activity income Trading activity income.. other Ilettin8incomel 595,979 266,461 553,574 84.349 Othertrading activthe5 862,440 637,923 15-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Expendlture on raln8 funds Unrestricted Unre5tritted fvnds 2025 fvnds 2024 Fundralslng and wblldty Seeking donation5. grant5 and lerIeS 29,904 4.124 Trdlng costs Operating trading company undertsking noTrtharitsble trading ac Stèff costs Support C05ts 571,592 30,877 2,229,510 250,161 64,924 1,475.361 2,831,979 1,790.446 Tot31 Costs 2,861,883 1,794.570 elpendlture on ¢h•rll•ble •¢llvltles 2025 2024 Dlrert 95 Depreciafjen and impairment Charilable and political donation5 Staff uniforms, clothin8and cleanin8 Hire of equipment Meettngs and conference costs 4,164 3,714 2,458 20,657 3,9rKJ 1,802 358 4,532 9,054 32,531 Share olsuppwt and Bovernan¢ec05ts lsee note81 Support Governance 1,169,304 112,059 1,259,544 53.1 I,2,417 1,345.175 alysls bylund Unrestricted funds- general UnrestrScted funds- desS8natsd Restricted fund5 918,320 220,544 151,553 1,179.458 55,874 109.843 I,2,417 1,345,175 16-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 Support ¢Q5tsallocated to actIe$ 2025 2024 Staff costs Depreciation Loss on disposal of assets Operatin8 lease charges Travel IT wftware, Consumables utile5 Insurance Licen5e5 and 5ub5criplions Repalrs and maintenance Printin8, PQ5t38e and st3ti¢nary Advertssing and marketin8 fjener31 expenses Rent and rates Governance costs 1,977,354 246,492 55.180 10,634 12.655 19,191 367,372 49,298 37,897 89,684 2,654 66.729 405,483 58,191 112,059 1,487,815 199,031 6,185 16.672 70,224 281,759 26,454 42,443 68,636 13,720 30,737 308,795 176,008 59,526 3,510,873 2,788,005 alysed bemeen: Tradin8 Charitsble actbvides 2,229,510 1,281,363 1,475,361 1,312,644 3,510,873 2,788,005 2025 2024 Go¥emnte to#s tomprl.' Audit fees Accountancy Le6è1 and professlonal 40,030 18,691 53,338 42,580 7,336 9,610 112.059 59,526 Governènce costs includes payments to the auditors of £40,030 IZ024.. £42,580> for audit fees, accountancy fees Include £18,69112024". £7,336) in relatbon to other services l¥ded bythe audiiors. 17-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 TSteeS The charityconsider5 its trustees to represent its key rnanagefflefit W50nnel. During thÈ year onÈ trustÈe, MaTt Su8arman. was seconded into an Èxecutive role as Intsfim Chief Exècutive Offit@r botwèon July 2024 to January 2025. The totsl remUnerOn pald to the trustee durin8theyear was £37,8LKII2024.. £66.322I. The amount comprlsed.. Gross salary.. £35.C#)J12024". E61.5221 Employer pension contributiefis". £l.05012024." £1.8tsJI No other trustees received any remuneration durin8theyear12024.' nlll. No trustees were reimbursed forany eKpense5durin8theyear12024.' nill. io employee5 The average monthly number of eMte5 durin8theyear w 2025 Number 2024 Number BNJC BWCTradSng Llmlted N¢)vellino arighton Limited 16 20 26 26 Totèl 53 46 employrnenl o75ts 2025 2024 Wages and salartes Social Security t05ts Other pen0 costs 1,807,176 162,303 38,752 1.3CYJ,453 117,414 88,866 2.0)8,231 1,515,733 The number of employees whose annual remunerathjn was £60.IXKlor morewere= 2025 Number 2024 Number £60,OLNJ. £70,L £70,0(M)- £80,(m £80.OLKJ- £90,LNJO £100,(Th¥£140,(KYJ li Taxation The chartty is exemptfrom taxation it5 activities because all it5 incorne isapplied forcharitable purp05e5. 18-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 T•n8lble fixed awt5 Group Total M•thinery Re51bur5 Cost At I july 2024 Addifjons 2.807.010 46,797 122.1221 895,543 15,484 167,8731 167,131 17.424 18,184 129 3.887.868 79,834 189,9951 At 30June 2025 2.831.685 843,iY 184,555 18.313 3,877.707 Depreclthon and Impalrnient At I july 2024 DepreciaOn chard in the year liminated in respect of disposals 26,X 29,410 169.251 178,217 122,9041 33,301 36,925 4,810 6.104 233,870 250,656 122,9041 At 30June 2025 55,918 324,564 70.226 10,914 461.622 At 30June 2025 2.775,767 518.59) 114,329 7,399 3.416.085 At 30June 2024 2,780,502 726,292 133,830 13,374 3,653,998 C1 lea5ehoh4 land EnInd Mxhlnery Educ•tkn•l lert*S Totil fl¢¢i Cost At I July 2024 Addifjons 16.C 704 720 27.649 9,139 18.184 119 62,537 9,988 At 30June 2025 16.COJ 1,424 36.788 18,313 72,525 DeprectsOn and lrnpalrrnent At I july 2024 Oepreclation charged in theyear 391 415 3.769 7.389 4,810 6,104 12,970 19.241 5.333 At 30June 2025 9,333 11.1S8 10,914 32,211 rrylns amount At 30June 2025 6,667 618 25.630 7,399 40.314 At 30June 2024 J2.(Ul 313 23MO 13,374 49.567 DurinE the year, the Charity eWed and updated Tts depreoation wlicy io ensure cOmpln wh FRS 102. whlch requlres deprecianon to reflect the asset's useful life. The revised policy has been applied proswrively. wilh the Impact refiected in the current year's depreciatien charge. 19-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 FIMed asset Inrtments Other Irwe5tments C05t or At I july 2024 Addition5 4,283,169 1,473.759 At 30June 2025 5,756,928 Imp•lrment At I july 2024 Impairment losses 1,566,238 1,927,911 At 30June 2025 3,494,149 Carryln8 amount At 30June 20ZS 2,262,779 At 30June 2024 2,716,931 2025 2024 Flxed a55et Investmentswmpri5e'. Note5 IDI 2,262.678 ioi 2,716,830 Loansto subsidiaries 2.262.779 2,716,931 14 Subsldlarles Details of the charity's sub5idlarlesat 30June 202S areaslollows.. Name of undertakl Re8iAered Natureof trwslr*s% aa ol shares held % Meld Dlretl Indlrert BNJC Tradin8 Limited En8land and Wales Lerrin8 and oFeng0f0wn or leased real estate En6land and Wales Licensed restaurants Ordinary iOO.LMJ Novellino Bri8hton Limited Ordinary ioo.(KJ 15 Stocks Group Z025 Charlty 2025 2024 2024 Raw materia15 and con5urnable5 28.552 60,169 -20-
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 16 Debtws Charlty 2025 2025 2024 2024 Amountslalllngdut wlthln one#[- Trade debtors Amount5 owed by 5ub5idiary uThdertakin85 Other debtors Prepayments ènd accrued intom¢ 159,504 117,743 105,699 69,277 24,186 501,439 98,370 93.323 572,977 186.785 16.813 25,255 825,804 350,608 7CQ,601 140,438 17 Credllor¥.' •moyntslallln8due wlthln one Group 2025 Chatlty 2025 2024 2024 Other taxation and soclal rity Trade creditors Other creditors Accruals and deferred income 95,241 165,633 980,216 631.467 42,298 131,922 187,939 1,047.265 44,358 53,126 163,224 256,307 22.426 32,637 102,058 63.720 1.872,557 1,409,424 517,015 220,841 18 Retlrement benefft sthemes 2025 2024 Deflned conlrfbudon 5(hemes Ch3rge to profit or1055 In respect of defined contributlw 5theme5 38,752 88,866 The chèrity operates a defined contiibution pension scheme for all qUalin8 employees. The assets of the scheme are held separately from those of the charity In an independently administered lund. 21
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 19 Restrlded fvnds The restricted fund5 of the charity comwi5e the unexpended balances of dorwtions and grant5 held on trust Subject to 5pecrfic condition5 by donors a5 to howthey may be used. At l July2024 TAhSlets Galnsand losses At 30Jume 2025 expefidÈd The Bloom Foundation Communitv Security Trust 242,912 1242.9)21 ICSTI 151.553 1151.553 I1(1).)> 342,YYJ2 151.553 1151.553 I342.2) The BloNn Foundatlon: Represent core costs fvrJin6 lor the buildin& enclosed within BNJC Tradln8 Llmited. Thi5 includes the construction of the ctrworin85pace and gym within the site. Communlty SecurltyTrust ICSTI.. RepresertsBrants towards ifflpro¥in8and enhancinB the Safety securlty of the 51te. 20 D•slBn•ted The intome funds of the Charity in¢lude the fdl¢)win8lesiBnatrd fvrS whi¢h W been set aside wt Of unrestri¢ted funds by the trustees for specifi¢ purposes.. Resources eynded TAnsfers Balance ai 301uThe IOIS lJutylOZ3 i Z024 Tanlble Fixed Assets 2,680.038 155A741 2.624.164 1220.$441 176.633 2.580,253 2.680.038 155.8741 2.624,164 1220.5441 176.633 2,580,253 Tanglble Fixed Assets.. Funds were set aside by the trustees. for consiruthon of the building ènd purchase ef speclhc assets within, 31 the fjme of first openlng ihe BNIC site Ishown in Note 121. Not èll of the assets have been paid for In full these amount5 are included within creditors and hwe therelore been net againstthe designated lund unfjl pald.
*1
BNJC NOTE5 TO THE FINANCIAL ATEmENTs {CONTINUED) FOR THE YEAR ENDED 30 JUNE2025 OperatinB lease commitsnents Lessee At the repomng end date the charity had outsrandinR cornmitments for luture minimum le35e poyments under non- cancellable oper3ting lea5e5, which fall due35follow5'. 2025 2024 Within one year Between two and five years 8.539 17.831 10.594 26,370 26,370 36,964 Rd•ted p•rtytrnns•thons During the year. 8NIC (Charityl re¢ei%*d grants £2.891.019 12024.. £2.235.(KX)l from The 81oom Foundatton of whl¢h M Sugarman is also è trustee. BNJC (Group) owed £437,392 12024.. £651,IC#)I to AGB Reading 2020 Mited la tonnected entlty of which M Su8èrman is a memberl at the yeèr end. AGB Reèdin8 2020 Limited are also a party to the lènd and buildin8$ asset featured in the statement of financial posiOn. BNJC (Group) owed £465,55912024.. £206.1841 to AG8 Hove Ltd la wnnected company of which M Sugarmèn Is a director) at the year end. Of this balance £Z41,C#)J1£131.3331 wasdue in rent for propertles leased from AGB Hove Ltd. Accountanc¥ fees of £8,31412024.. £7,5181 were pald to CCI Accountants Ltd Iformerly known as Chlsnall Comer Ismall & Col, of which R F Comer Is a rtner. 24 Cash generated frwn opew 2025 2024 Deficlt for the year 163.4191 1152,4421 Adlustsnentslor.. Los5118ainl on disposal of tsn8iblÈ fixÈd asset5 Oepreciation and imp3irrnent ol tanwble fixed assets 55,180 250.656 203,098 M(wements In worklng upl¢•l: Decreèsellincreèsel in stecks Ilncrea5el in debtors Increase In creditors 31,617 1475,1961 463.133 160,1691 179,6451 176.589 Cash generated from opevadws 261.971 87,078 Analysls of (hanw In funds The charity had no materièl debt duringtheyear. -24-