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|Trustees'|annual
report|||
|Independent
auditor's||report to the members||
|Statement|offinancial|activities|10|
|Statement|offinancial|position||
|Statement|ofcash flows||12|
|Notes to the financial||statements|13|
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|Reference|and adm|inistrative|details|details|details||||
|---|---|---|---|---|---|---|---|---|
|Registered|charity|name|BNOIS JERUSALEM|||SCHOOLS|||
|Charity registration||number|312568||||||
|Principal office|||79-81 Amhurst|Park|||||
||||London||||||
||||N16 5DL||||||
|The trustees|||||||||
||||JWider||||||
||||Mrs C Grunfeld||||||
||||M Schlesinger||||(Resigned|1 April 2020)|
||||A Lebrecht||||||
||||IJ Eckstein||||||
||||J D Domb||||||
|Auditor|||Brindley Goldstein||Limited||||
||||Chartered
accountants|||8 statutory|auditor||
||||103 High Street||||||
||||Waltham
Cross||||||
||||Herts||||||
||||EN8 7AN||||||
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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Totalfunds|Total funds|
|||||Note||E|E|8|
|Income and endowments|||||||||
|Donations
and legacies||||4|1,162,042|580,875|1,742,917|1,575,778|
|Charitable
activities||||5|12,000||12,000||
|Investment
income||||6|78||78|185|
|Total income|||||1,174,120|580,875|1,754,995|1,575,963|
|Expenditure|||||||||
|Expenditure
on charitable||activities||7,8|1,812,323||1,812,323|1,532,397|
|Other expenditure||||10||||99,446|
|Total expenditure|||||1,812,323||1,812,323|1,631,843|
|Net expenditure
and net||movement|in||||||
|funds|||||(638,203)|580,875|(57,328)|(55,880)|
|Reconciliation
offunds|||||||||
|Total funds brought|forward||||(479,609)|759,037|279,428|335,308|
|Total funds carried|forward||||(1,117,812)|1,339,912|222,100|279,428|
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|31 INarch 2021||||||
|---|---|---|---|---|---|
||||Note|2021
f|2020|
|Fixed assets||||||
|Tangible fixed assets|||15|248,278|257,396|
|Current assets||||||
|Cash at bank and
in|hand|||63,535|65,657|
|Creditors: amounts|falling|due within one year|16|49,713|3,625|
|Net current assets||||13,822|62,032|
|Total assets less current||liabilities||262,100|319,428|
|Creditors: amounts|falling|due after more than one year|17|40,000|40,000|
|Net assets||||222,100|279,428|
|Funds ofthe charity||||||
|Restricted
funds||||1,339,912|759,037|
|Unrestricted
funds||||(1,117,812)|(479,609)|
|Total charity funds|||19|222,100|279,428|
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|Year ended 31 March||202|1||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Cash flows from operating||activities|||||
|Net expenditure|||||(57,328)|(55,880)|
|Adjustments
for:|||||||
|Depreciation
oftangible
fixed assets|||||12,073|12,105|
|Government
grant income|||||(197,549)||
|Other interest receivable
and similar income|||||(78)|(185)|
|Accrued expenses/(income)|||||3,600|(1,500)|
|Changesin:|||||||
|Trade and other debtors||||||107,190|
|Trade and other creditors|||||42,488|(57,698)|
|Cash generated
from operations|||||(196,794)|4,032|
|Interest received||||||185|
|Net cash (used in)/from
operating|||activities||(196,716)|4,217|
|Cash flows from investing||activities|||||
|Purchase oftangible assets|||||(2,955)|(18,946)|
|Net cash used
in investing|activities||||(2,955)|(18,946)|
|Cash flows from financing||activities|||||
|Government
grant income|||||197,549||
|Net cash froin financing
activities|||||197,549||
|Net decrease
in cash and|cash equivalents||||(2,122)|(14,729)|
|Cash and cash equivalents||at|beginning|ofyear|65,657|80,386|
|Cash and cash equivalents||at end ofyear|||63,535|65,657|
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|value, over the useful economi|c
life ofthat asset as follows:|c
life ofthat asset as follows:|
|---|---|---|
|Long leasehold
property|2%straight
line||
|Plant and machinery|15%reducing|balance|
|Fixtures and fittings|15%reducing|balance|
|Equipment|33%straight|line|
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|Donations||and leg|acies|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2021|
||||||F|E|6|
|Donations||||||||
|Donations|||||414,656||414,656|
|Childcare|and fees||||417,950||417,950|
|Grants||||||||
|Restricted:||Hackney|Education: Early|Years Funding||460,428|460,428|
|Restricted:Hackney|||Education:EHCP|||120,231|120,231|
|Grants|||||131,887||131,887|
|Restricted:||Milk Scheme||||216|216|
|Government||grant|income||197,549||197,549|
||||||1,162,042|580,875|1,742,917|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2020|
||||||E|6||
|Donations||||||||
|Donations|||||213,335||213,335|
|Childcare|and fees||||601,840||601,840|
|Grants||||||||
|Restricted:Hackney|||Education:Early|Years Funding||566,064|566,064|
|Restricted:|Hackney||Education: EHCP|||194,539|194,539|
|Grants||||||||
|Restricted:||Milk Scheme||||||
|Government||grant|income|||||
||||||815,175|760,603|1,575,778|
|5.|Charitable|activities|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||E|8|E|E|
||Rental income||||12,000|12,000|||
|8.|Investment|income|||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||8|6|E|E|
||Bank interest receivable||type|1|78|78|185|185|
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|Expenditur|e
on charitable
activities|by fund type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||E|K|K|
|Charitable|activities|653,575||653,575|
|Supportcosts||1,158,748||1,158,748|
|||1,812,323||1,812,323|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Charitable|activities|531503|1,566|533069|
|Support costs||999,328||999,328|
|||1,530,831|1,566|1,532,397|
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|Expenditu|re|on charitable
ac|tivities
by activity type||||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken|Support|Total funds|Total fund|
||||directly|costs|2021|2020|
||||6|6|8||
|Charitable|activities||653,575||653,575|533069|
|Supportcosts||||1,155,148|1,155,148|995,729|
|Governance||costs||3,600|3,600|3,600|
||||653,575|1,158,748|1,812,323|1,532,397|
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|Analysis ofsupport costs|||||
|---|---|---|---|---|
|||Analysis
of|||
|||support costs|||
|||activity
1|Total 2021|Total 2020|
|||E|E|6|
|Staff costs||1,155,148|1,155,148|995,729|
|Other expenditure|||||
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2021|Funds|2020|
||8|8|E||
|Loss due to theR|||99,446|99,446|
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|11.|Net expenditure|||||
|---|---|---|---|---|---|
||Net expenditure
is stated|after charging/(crediting):||||
|||||2021|2020|
||Depreciation
oftangible|fixed assets||12,073|12,105|
||Operating
lease rentals|||15,847|18,919|
|12.|Auditors
remuneration|||||
|||||2021|2020|
|||||6||
||Fees payable
for the audit ofthe financial||statements|3,600|3,600|
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|There were no trustees'
re
Tangible fixed assets|muneration
or other|benefits for|the year ende|d 31 March 2|020.|
|---|---|---|---|---|---|
||Long|||||
||leasehold|Plant and|Fixtures and|||
||property|machinery|fittings|Equipment|Total|
|||F|F|F||
|Cost||||||
|At 1 April 2020|250,901|65,103|43,354|930|360,288|
|Additions||||2,955|2,955|
|At 31 Nlarch 2021|250,901|65,103|43,354|3,885|363,243|
|Depreciation||||||
|At 1 April 2020|32,526|44,648|25,408|310|102,892|
|Charge for the year|5,018|3,068|2,692|1,295|12,073|
|At 31 Nlarch 2021|37,544|47,716|28,100|1,605|114,965|
|Carrying
amount||||||
|At 31 Nlarch 2021|213,357|17,387|15,254|2,280|248,278|
|At 31 March 2020|218,375|20,455|17,946|620|257,396|
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|Creditors: amounts|falling due within one year|||
|---|---|---|---|
|||2021
f|2020
f|
|Trade creditors||42,513|25|
|Accruals and deferred|income|7,200|3,600|
|||49,713|3,625|
|Creditors: amounts|falling due after more than one year|||
|||2021
f|2020
f|
|Other creditors - Loans||40,000|40,000|
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|Government|grants|||||||
|---|---|---|---|---|---|---|---|
|The amounts|recognised
in|the financial||statements|for government|grants are as follows:||
|||||||2021
f|2020
f|
|Recognised|in income from|donations|and legacies:|||||
|Government|grants income|||||197,549||
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|Unrestri|cted
funds|||||||
|---|---|---|---|---|---|---|---|
||||||||At|
||||At|||31 INarch|20|
|||1|April 2020|Income
f|Expenditure
f|f|21|
|General|funds||(479,609)|1,174,120|(1,812,323)|(1,117,812)||
||||||||At|
||||At|||31 March|20|
|||1|April 2019|Income
f|Expenditure||20|
|General|funds||335,308|815,360|(1,630,277)|(479,609)||
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||Restricte|d funds|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||At|
||||||At|||31 March 20|
||||||1 April 2020
f|Income
f|Expenditure|21
F|
||Restricted|Fund|||759,037|580,875||1,339,912|
|||||||||At|
||||||At|||31 March 20|
||||||1 April 2019
F|Income
f|Expenditure
F|20
f|
||Restricted|Fund||||760,603|(1,566)|759,037|
|20.|Analysis|of net assets between funds|||||||
||||||||Unrestricted|Total Funds|
||||||||Funds
f|2021
f|
||Tangible|fixed assets|||||248,278|248,278|
||Current assets||||||63,535|63,535|
||Creditors|less than|1|year|||(49,713)|(49,713)|
||Creditors|greater than||1 year|||(40,000)|(40,000)|
||Net assets||||||222,100|222,100|
||||||||Unrestricted|Total Funds|
||||||||Funds|2020|
||Tangible|fixed assets|||||257,396|257,396|
||Current assets||||||65,657|65,657|
||Creditors|less than|1|year|||(3,625)|(3,625)|
||Creditors|greater than||1 year|||(40,000)|(40,000)|
||Net assets||||||279,428|279,428|
|21.|Analysis|ofchanges||in net debt|||||
|||||||||At|
|||||||At 1 Apr 2020
F|Cash flows
F.|31 Mar 2021
f|
||Cash at bank and||in hand|||65,657|(2,122)|63,535|