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|CONTENTS|||PAGES|
|---|---|---|---|
|Members ofthe Board andprofessional|advisers|||
|Trustees Annual<br>Report|||2to 9|
|Independent<br>auditor's<br>report to the members|||10to 13|
|Statement offinancial activities (incorporating||the||
|income and expenditure<br>account)|||14|
|Balance sheets|||15to 16|
|Statement ofCash Flows|||17|
|Notes to the financial<br>statements|||18to 29|





## 

|Registered|charity name|charity name|Kisharon|||
|---|---|---|---|---|---|
|Charity number|||271519|||
|Company|registration|number|1259900|||
|Registered|office||First Floor|||
||||333Edgware Road|||
||||London|||
||||NW9 6TD|||
|Trustees &Directors|||Mr P Goldberg (Chairman)|||
||||Mrs ECastleton|||
||||Mr 3Coogan (Resigned||15February 2021)|
||||Ms 3Greenaway|||
||||Ms VHart (Appointed||15February 2021)|
||||Ms C Kaye (Appointed||15February 2021)|
||||Mr DKlein|||
||||Ms C Lerner (Appointed||15February 2021)|
||||Mr M Lerner|||
||||Mr RLevy|||
||||Mr A Lofius|||
||||Mr LNoe|||
||||Mr D Rasouly|||
|Secretary|||Mr P Darnell|||
|Kisharon|Leadership|Team|Chief Executive|||
||||Mr RFranklin|||
||||Director ofOperations|||
||||Mrs H Kessler|(from Sept 2019)||
||||Director ofFundraising|||
||||Ms H Newmark|(from Dec2019to Feb 2021)||
||||Director ofCorporate Services|||
||||Mr P Darnell|||
|Auditor|||Cohen Arnold|||
||||Chartered<br>Accountants|||
||||tk Statutory Auditor|||
||||New Burlington|House||
||||1075Finchley Road|||
||||LONDON|||
||||NW11 OPU|||
|Bankers|||Barclays Bank Plc|||
||||1250High Road|||
||||Whetstone N20|OPB||





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|||YE|AR ENDED 31|AUGUST 202|0||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total Funds|Total Funds|
||||Funds|Funds|2020|2019|
|||Note|g||||
|INCOME AND|||||||
|ENDOWMENTS|||||||
|Charitable<br>activities||4|4,239,175||4,239,175|4,062,539|
|Donations<br>and legacies||5|2,044,146|1,850,267|3,894,413|5,408,797|
|Other trading activities:|||||||
|Social enterprise||6|486,998||486,998|505,867|
|TOTAL INCOME|||6,770419|1,850,267|8,620,586|9,977,203|
|EXPENDITURE|||||||
|Expenditure<br>on charitable|||||||
|activities||7/8|(5,571,036)|(1,850,267)|(7,421403)|(8,642,266)|
|Expenditure<br>on raising|funds:||||||
|Costs ofraising donations|||||||
|and legacies||9|(352,929)||(352,929)|(572,661)|
|Social enterprise<br>costs||10|(603,549)||(603,549)|(639,078)|
|TOTAL EXPENDITURE|||(6,527,514)|(1,850,267)|(8,377,781)|(9,854,005)|
|NET INCOME AND|NET||||||
|MOVEMENT IN FUNDS|||242,$05||242,805|123,198|
|RECONCILIATION|OF||||||
|FUNDS|||||||
|Total funds brought<br>forward|||1,986,011||1,986,011|1,862,813|
|TOTAL FUNDS CARRIED|||||||
|FORWARD|||2,228,816||2,228,816|1,986,011|





## 


|||||2020||2019|
|---|---|---|---|---|---|---|
||||Note||||
|FIXEDASSETS|||||||
|Tangible Assets|||14||183,959|195,943|
|CURRENT ASSETS|||||||
|Stock||||34,131||30,714|
|Debtors|||16|1,952,364||2,076,623|
|Cash at Bank||||904,451||288,382|
|||||2,890,946||2,395,719|
|CREDITORS: Amounts|falling due within|one|||||
|year|||17|(846,089)||(605,651)|
|NET CURRENT ASSETS|||||2,044,857|1,790,068|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||||2,228,816|1,986,011|
|NET ASSETS|||||2,228,816|1,986,011|
|FUNDS|||||||
|Restricted Income Funds|||18||||
|Unrestricted<br>Income Funds|||19||2,228i816|1,986,011|
|TOTAL FUNDS|||||2,228,816|1,986,011|





## 

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||||2020||2019|
|---|---|---|---|---|---|
|||Note||||
|FIXEDASSETS||||||
|Tangible Assets||14||28,793|16,750|
|Investments||15||I|1|
|||||28,794|16,751|
|CURRENT ASSETS||||||
|Debtors||16|2,102,265||2,238,055|
|Cash at Bank|||879,739||258,268|
||||2,982,004||2,496,323|
|CREDITORS: Amounts|falling due within one|||||
|year||17|(783,566)||(529,198)|
|NET CURRENT ASSETS||||2,198,438|1,967,125|
|TOTAL ASSETSLESSCURRENT LIABILITIES||||2,227,232|1,983,876|
|NET ASSETS||||2,227,232|1,983,876|
|FUNDS||||||
|Restricted Income Funds||18||||
|Unrestricted<br>Income Funds||19||2,227,232|1,983,876|
|TOTALFUNDS||||2,227,232|1,983,876|





## 

|||2020|2019|
|---|---|---|---|
|CASH FLOWS FROM|OPERATING ACTIVITIES|||
|Net income||242,805|123,198|
|Ajdustments for:||||
|Loss on disposal oftangible<br>fixed assets||548||
|Depreciation oftangible|fixed assets|38,177|27,022|
|Interest receivable and similar income||||
|Changesin:||||
|Stock||(3,417)|(5,889)|
|Trade and other debtors||124458|677,154|
|Trade and other creditors||240,438|(917,982)|
|Cash generated<br>from operations||642,809|(96,497)|
|Interest received||||
|Net cash from operating|activities|642,809|(96,497)|
|CASH FLOWS FROM|INVESTING ACTIVITIES|||
|Purchase oftangible assets||(26,740)|(54,355)|
|Net cash used in investing|activities|(26,740)|(54,355)|
|NET INCREASE / (DECREASE) IN CASH AND||||
|CASH EQUIVALENTS||616,069|(150,852)|
|CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR||288,382|439,234|
|CASH AND CASH EQUIVALENTS AT END OF YEAR||904,451|288,382|





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|INCOME||FR|OM|CHARITABLE|ACTIVITIES||||
|---|---|---|---|---|---|---|---|---|
|||||||||Total Funds|
|||||||Unrestricted|Total Funds|Unrestricted|
|||||||Funds|2020|2019|
|||||||8|4||
|Amounts|from||Local Authorities|||3,967,811|3,967,811|3,969,009|
|Parental Contributions||||||164,405|164,405|93,530|
|Covid-19|Funding|||||106,959|106,959||
|||||||4,239,175|4,239,175|4,062,539|
|DONATIONS|||AND LEGACIES||||||
||||||Unrestricted|Restricted|Total Funds|Total Funds|
||||||Funds|Funds|2020|2019|
|Donations|||||||||
|General Donations|||||710,852||710,852|703,960|
|Capital Donations||||(note 23)||1,850,267|1,850,267|3,625,000|
|Legacies|||||||||
|Legacies|||||5,000||5,000|1,000|
|Sponsorship|||||||||
|Sponsorship||Income|||25,448||259448|74,801|
|Other income|||||||||
|Appeals|||||134,296||134,296|132,274|
|Emergency||Appeal|||1,168,550||1,168,550|871,762|
||||||2,044,146|1,850,267|3,894,413|5,408,797|



## 



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||||||Total Funds|
|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|
||||Funds|2020|2019|
|Social|enterprise|income|486,998|486,998|505,867|



## 

||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|2020|2019|
|||||a|a||
|Educational|Services||365,104||365,104|478,674|
|Adult Day|Services||970,786||970,786|1,093,310|
|Supported|Living||2,997,893||2,997,893|2,465,396|
|Donations|transferred|(note 23)||1,850467|1,850,267|3,625,000|
|Support costs|||1,237/53||1,237,253|979,886|
||||5,571,036|1,850,267|7,421,303|8,642,266|



## 

## 

||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken|Support|Total Funds|Total Funds|
||||directly|costs|2020|2019|
|Educational|Services||365,104|90,140|455,244|908,615|
|Adult Day|Services||970,786|300,285|1,271,071|1,405,547|
|Supported|Living||2,997,893|831,828|3,829,721|2,690,766|
|Donations|transferred|(note 23)|1,850,267||1,850,267|3,625,000|
|Governance|costs|||15,000|15,000|12,338|
||||6,184,050|1,237,253|7,421,303|8,642,266|





## 

## 

|9.|COSTS|OFRAISING|DONATIONS<br>AND LEG|ACIES|||
|---|---|---|---|---|---|---|
|||||||Total Funds|
|||||Unrestricted|Total Funds|Unrestricted|
|||||Funds|2020|2019|
||Fundraising<br>costs|||264,600|264,600|217,094|
||Sponsorships,<br>Appeals||and Events|88,329|88,329|355,567|
|||||352,929|352,929|572,661|
|10.|COSTS|OFOTHER TRADING ACTIVITES|||||
|||||||Total Funds|
|||||Unrestricted|Total Funds|Unrestricted|
|||||Funds|2020|2019|
||Social enterprise<br>costs|||603,549|603&549|639,078|
|11,|NET INCOME FOR THE YEAR||||||
||This is stated after charging:||||||
||||||2020|2019|
|||||||f,|
||Depreciation<br>(note 14)||||38,177|27,022|
||Auditor's|fees|||15,000|l2,340|
|12.|STAFF|COSTSAND EMOLUMENTS|||||
||Total staff costs were as follows:||||||
||||||2020|2019|
||Wages and salaries||||3,074,808|2,743,653|
||Social security costs||||277,381|251,913|
||Pension|costs|||156,518|101,745|
||||||3,508,707|3,097,311|
||Particulars ofemployees:||||||
||||||2020|2019|
||||||No|Nc|
||Number|ofFull Time Staff|||66|70|
||Number|ofPart Time Staff|||61|69|
||||||127|139|





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|The number ofemployees<br>whose remuneration<br>f|or the year fell within the following<br>b|ands, were;|
|---|---|---|
||2020|2019|
||No|No|
|f70,000to 879,999<br>f80,000tof89,999|1<br>1||
|$90,000to g99,999|||
|8100,000tof109,999|||
|6110,000to f,119,999|||



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|TANGIBLE FIXEDASSE<br>Group|TS||||
|---|---|---|---|---|
||Equipment||||
||and|Motor|Property||
||software|Vehicles|Improvement|Total|
||||6||
|COST|||||
|At<br>1 September 2019|25,000|147,373|394,501|566,874|
|Additions||26,740||26,740|
|Disposals||(7,293)||(7,293)|
|At 31August 2020|25,000|166,820|394,501|586,321|
|DEPRECIATION|||||
|At<br>1 September 2019|9,000|146,075|215,855|370,930|
|Charge for the year|5,000|7,936|25,241|38,177|
|Disposals||(6,745)||(6,745)|
|At 31August 2020|14,000|147,266|241,096|402,362|
|NET BOOKVALUE|||||
|At31August 2020|11,000|19,554|153,405|183,959|
|At 31 August 2019|16,000|1,298|178,645|195,943|
|Company|||||
||Equipment||||
||and|Motor|Property||
||software|Vehicles|Improvement|Total|
|||g|||
|COST|||||
|At 1 September 2019|25,000|140,080|169,513|334,593|
|Additions||24,455||24,455|
|Disposals|||||
|At 31August 2020|25,000|164,535|169,513|359,048|
|DEPRECIATION|||||
|At 1 September 2019|9,000|139,330|169,513|317,843|
|Charge for the year|5,000|7&412||12,412|
|Disposals|||||
|At31August 2020|14,000|146,742|169,513|330,255|
|NET BOOK VALUE|||||
|At 31August 2020|11,000|17,793||28,793|
|At 31 August 2019|16,000|750||16,750|
||24-||||





## 

## 

|INVESTMENTS|INVESTMENTS||||||
|---|---|---|---|---|---|---|
|Movement<br>in market value|||||||
|||||2020||2019|
|||||||5|
|Market value at 1 September 2019|||||1|1|
|Market value at 31August|2020||||||
|Historical cost at 31August 2020|||||||
|Analysis ofinvestments|at31August|2020|between funds||||
||Unrestricted||Restricted|Total Funds||Total Funds|
|||Funds|Funds|2020||2019|
||||5|5|||



## 

|totalled f1,5<br> DEBTORS|85.|The loss for the year tot|alled 511655k||||
|---|---|---|---|---|---|---|
||||Group||Company||
||||2020|2019|2020|2019|
|||||f.||5|
|Local Authority||debtors|938,903|694,475|911,870|694,475|
|Amounts<br>owed||by group undertakings|||196,948|238,450|
|Other debtors|||667,833|990,350|664,583|935,307|
|Prepayments|and accrued income||345,628|391,798|328,864|369,823|
||||1,952,364|2,076,623|2,102,265|2,238,055|



## 

## 

|CREDITORS: Amou|nts<br>falling due|within one year||||
|---|---|---|---|---|---|
|||Group||Company||
|||2020|2019|2020|2019|
|||5||||
|Trade creditors||201,187|213,985|180,833|171,524|
|PAYE and social security||88,959|77,137|77,377|67,388|
|Accruals and deferred|income|215,293|67,674|185,753|45,254|
|Other creditors||340,650|246,855|339,603|245,032|
|||846,089|605,651|783,566|529,198|





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|RESTRICTED INCO|ME FUNDS|||||
|---|---|---|---|---|---|
|Group and Company||||||
||Balance at|Incoming|Outgoing||Balance at|
||1Sep 2019|resources|resources|Transfers|31Aug 2020|
|||g|g||g|
|Restricted Fund||1,850,267|(1,850,267)|||
||Balance at|Incoming|Outgoing||Balance at|
||1 Sep 2018|resources|resources|Transfers|31 Aug 2019|
|Restricted Fund||3,870,895|(3,870,895)|||
|UNRESTRICTED INCOME FUNDS||||||
|Group||||||
||Balance at|Incoming|Outgoing||Balance at|
||1Sep 2019|resources|resources|Transfers|31Aug 2020|
||g|g|||g|
|General Funds|1,986,011|6,770,319|(6,527,514)||2,228,816|
||Balance at|Incoming|Outgoing||Balance at|
||1 Sep 2018|resources|resources|Transfers|31 Aug 2019|
|||8|8|8||
|General Funds|1,862,813|6,106,308|(5,983,110)||1,986,011|
|Company||||||
||Balance at|Incoming|Outgoing||Balance at|
||1Sep 2019|resources|resources|Transfers|31Aug 2020|
||8|8|g|g|g|
|General Funds|1,983,876|6,283,321|(6,039,965)||2,227,232|
||Balance at|Incoming|Outgoing||Balance at|
||1 Sep 2018|resources|resources|Transfers|31Aug 2019|
|||8|8||f.|
|General Funds|1,859,467|5,600,441|(5,476,032)||1,983,876|



## 



## 

## 

|ANALYSIS|OFNET ASSE|TSBETWEE|N FUNDS|||||||
|---|---|---|---|---|---|---|---|---|---|
|Group||||||||||
||||Tangible|Current||Current|||Total|
|||fixed assets|||assets|liabilities|||2020|
||||||||||8|
|Restricted Income Funds||||||||||
|Unrestricted|Income Funds||183,959|2,890,946||(846,089)||2,228,816||
|Total Funds|||183,959|2,890,946||(846,089)||2428,816||
|Company||||||||||
|||Tangible|||Current||Current||Total|
|||fixed assets|Investments||assets||liabilities||2020|
|Restricted Income Funds||||||||||
|Unrestricted|Income Funds|28,793||1|2,982,004||(783,566)||2,227,232|
|Total Funds||28,793||1|2,982,004||(783,566)||2&227,232|
|Group||||||||||
||||Tangible||Current||Current||Total|
|||fixed assets|||assets|liabilities|||2019|
|Restricted Income Funds||||||||||
|Unrestricted|Income Funds||195,943|2,395,719||(605,651)||1,986,011||
|Total Funds|||195,943|2,395,719||(605,651)||1,986,011||
|Company||||||||||
|||Tangible|||Current||Current||Total|
|||fixed assets|Investments||assets||liabilities||2019|
|||||I:||||||
|Restricted Income Funds||||||||||
|Unrestricted|Income Funds|16,750||I|2,496,323||(529,198)||1,983,876|
|Total Funds||16,750||1|2,496,323||(529,198)||1,983,876|





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||||2020|2019|
|---|---|---|---|---|
|Not later than||1 year|99,994|99,994|
|Later than|1 year and not later than 5 years||129,159|229,153|
||||229,153|329,147|



## 

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|||At 1Sep||At 31Aug|
|---|---|---|---|---|
|||2019|Cash flows|2020|
|Cash|in hand and at bank|288,382|616,069|904,451|
|Debt|due within one year|(188,741)|(137,334)|(326,075)|
|Debt|due after one year||||
|||99,641|478,735|578,376|



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|||||||2020||2019|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|||||
|Income and endowments|||||||||
|Donations<br>and legacies||||5|2,044,146|1,850,267|3,894,413|5,408,797|
|Charitable<br>activities||||6|4,239,175||4,239,175|4,062,539|
|Total income|||||6,283,321|1,850,267|8,133,588|9,471,336|
|Expenditure|||||||||
|Expenditure<br>on raising funds:|||||||||
|Costs ofraising|donations||snd||||||
|legacies||||7|(352,929)||(352,929)|(572,661)|
|Expenditure<br>on charitable||activities||8,9|(5,571,036)|(1,850,267)|(7,421,303)|(8,642,266)|
|Other expenditure||||10|(116,000)|—|(116,000)|(132,000)|
|Total expenditure|||||(6,039,965)|(1,850,267)|(7,890,232)|(9,346,927)|
|Net income and net|movement||in funds||243,356|—|243456|124,409|
|Reconciliation offunds|||||||||
|Total funds brought|forward||||1,983,876||1,983,876|1,859,467|
|Total funds carried|forward||||2,227,232||2,227,232|1,983,876|