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||||Page|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
auditor's||report to the members||
|Statement|offinancial|activities||
|Statement|offinancial|position|10|
|Statement|ofcash flows|||
|Notes to the financial||statements|12|
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|Registered|charity|name|BNOIS JERUSALEM|BNOIS JERUSALEM|BNOIS JERUSALEM|BNOIS JERUSALEM|SCHOOLS||
|---|---|---|---|---|---|---|---|---|
|Charity registration||number|312568||||||
|Principal office|||79 - 81 Amhurst||Park||||
||||London||||||
||||N16 5DL||||||
|The trustees|||||||||
||||J Wider||||||
||||Mrs C Grunfeld||||||
||||A Lebrecht||||||
||||IJ Eckstein||||||
||||J D Domb||||||
|Auditor|||Brindley Goldstein|||Limited|||
||||Chartered|accountants|||&statutory|auditor|
||||103 High|Street|||||
||||Waltham|Cross|||||
||||Herts||||||
||||EN8 7AN||||||
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||||||2023||2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds|funds
f|Total funds|Total funds
f|
|Income and endowments||||||||
|Donations
and legacies|||4|1,649,059|759,360|2,408,419|2,293,940|
|Charitable
activities|||5|30,000||30,000|72,000|
|Investment
income|||6|780||780|53|
|Total income||||1,679,839|759,360|2,439,199|2,365,993|
|Expenditure||||||||
|Expenditure
on charitable|activities||7,8|2,385,336|2,597|2,387,933|2,355,893|
|Total expenditure||||2,385,336|2,597|2,387,933|2,355,893|
|Net income and net movement||ln|funds|(705,497)|756,763|51,266|10,100|
|Reconciliation
offunds||||||||
|Total funds
brought forward||||(2,265,789)|2,497,989|232,200|222,100|
|Total funds carried forward||||(2,971,286)|3,254,752|283,466|232,200|
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|31 March 2023||||||
|---|---|---|---|---|---|
|||||2023|2022|
||||Note|6||
|Fixed assets||||||
|Tangible fixed assets|||14|259,500|266,614|
|Current assets||||||
|Debtors|||15|11,300|34,271|
|Cash at bank and in|hand|||90,253|53,813|
|||||101,553|88,084|
|Creditors: amounts|falling|due within one year|16|77,587|78,798|
|Net current assets||||23,966|9,286|
|Total assets less current||liabilities||283,466|275,900|
|Creditors: amounts|falling|due after more than one year|17||43,700|
|Net assets||||283,466|232,200|
|Funds ofthe charity||||||
|Restricted funds||||3,254,752|2,497,989|
|Unrestricted
funds||||(2,971,286)|(2,265,789)|
|Total charity funds|||19|283,466|232,200|
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||||2023|2022|
|---|---|---|---|---|
||||6|6|
|Cash flows from operating|activities||||
|Net income|||51,266|10,100|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||15,692|16,423|
|Government
grant income||||(7,300)|
|Other interest receivable
and similar income|||(780)|(53)|
|Accrued (income)/expenses|||(7,200)|5,400|
|Other operating
cash flow adjustment|||1||
|Changesin:|||||
|Trade and other debtors|||22,971|(34,271)|
|Trade and other creditors|||(37,712)|27,385|
|Cash generated
from operations|||44,238|17,684|
|Interest received|||780|53|
|Net cash from operating
activities|||45,018|17,737|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(8,578)|(34,759)|
|Net cash used
in investing
activities|||(8578)|(34759)|
|Cash flows from financing|activities||||
|Government
grant income||||7,300|
|Net cash from financing
activities||||7,300|
|Net increase/(decrease)
in
Cash and cash equivalents|cash and cash
at beginning|equivalents
ofyear|36,440
53,813|(9,722)
63,535|
|Cash and cash equivalents|at end ofyear||90,253|53,813|
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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 le|gacies|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||6|6|B|
|Donations||||||||
|Donations|||||723,617||723,617|
|Childcare|and fees||||925,442||925,442|
|Grants||||||||
|Restricted:||Hackney|Education: Early|Years Funding||555,891|555,891|
|Restricted:||Hackney|Education: EHCP|||203,469|203,469|
||||||1,649,059|759,360|2,408,419|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2022|
|||||||E|E|
|Donations||||||||
|Donations|||||383,086||383,086|
|Childcare|and fees||||745,477||745,477|
|Grants||||||||
|Restricted:Hackney|||Education:Early|Years Funding||835,357|835,357|
|Restricted:Hackney|||Education:EHCP|||322,421|322,421|
|Restricted:||Milk Scheme||||299|299|
|Government||grant|income||7,300||7,300|
||||||1,135,863|1,158,077|2,293,940|
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|5.|Charitable
a|ctivities|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2023|Funds|2022|
||||6|6||E|
||Rental income||30,000|30,000|72,000|72,000|
|6.|Investment|income|||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds
f|2023
f|Funds|2022|
||Bank interest|receivable|780|780|53|53|
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|Expenditur|e|on charitable|activities|by fund type||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds|2023|
||||||||E|
|Charitable||activities|||937,272|2,597|939,869|
|Supportcosts|||||1,448,064||1,448,064|
||||||2,385,336|2,597|2,387,933|
||||||Unrestricted|Restricted|Total Funds|
||||||Funds|Funds
f|2022
f|
|Charitable|activities||||1,062,153||1,062,153|
|Support costs|||||1,293,740||1,293,740|
||||||2,355,893||2,355,893|
|Expenditure||on charitable|activities|by activity type||||
|||||Activities||||
|||||undertaken|Support|Total funds|Total fund|
|||||directly|costs
f|2023
K|2022
f|
|Charitable|activities|||939,869|1,442,664|2,382,533|2,350,493|
|Governance||costs|||5,400|5,400|5,400|
|||||939,869|1,448,064|2,387,933|2,355,893|
|Analysis ofsupport costs||||||||
||||||Analysis
of|||
||||||support costs|||
||||||activity|Total 2023|Total 2022|
||||||E|E|E|
|Staff costs|||||1,442,664|1,442,664|1,288,340|
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|Yea|r ended 31 March 2023||||
|---|---|---|---|---|
|10.|Net income||||
||Net income is stated after charging/(crediting):||||
||||2023|2022|
||||6|E|
||Depreciation
oftangible fixed assets||15,692|16,423|
||Operating
lease rentals||27,451|26,150|
|11.|Auditors
remuneration||||
||||2023|2022|
||Fees payable for the audit ofthe financial|statements|5,400|5,400|
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|There were no trustees'
re
Tangible fixed assets|muneration
or othe|r benefits fo|r the year ende|d 31 March 2|020.|
|---|---|---|---|---|---|
||Long|||||
||leasehold|Plant and|Fixtures and|||
||property|machinery
f|fittings
6|Equipment|Total
6|
|Cost||||||
|At 1 April 2022|250,901|82,742|60,474|3,885|398,002|
|Additions|||6,040|2,538|8,578|
|At 31 March 2023|250,901|82,742|66,514|6,423|406,580|
|Depreciation||||||
|At 1 April 2022|42,562|52,970|32,956|2,900|131,388|
|Charge for the year|5,018|4,466|5,034|1,174|15,692|
|At 31 March 2023|47,580|57,436|37,990|4,074|147,080|
|Carrying
amount||||||
|At 31 March 2023|203,321|25,306|28,524|2,349|259,500|
|At 31 March 2022|208,339|29,772|27,518|985|266,614|
|Debtors||||||
|||||2023|2022|
|||||6||
|Other debtors||||11,300|34,271|
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|Creditor|s: amounts
f|alling due within one year|||
|---|---|---|---|---|
||||2023|2022|
||||6||
|Trade creditors|||72,187|66,198|
|Accruals|and deferred|income|5,400|12,600|
||||77,587|78,798|
|17.|Creditors: amounts
falling due after|Creditors: amounts
falling due after|Creditors: amounts
falling due after||more than one year|more than one year|||
|---|---|---|---|---|---|---|---|---|
||||||||2023|2022|
||||||||6|F.|
||Other creditors
- Loans|||||||43,700|
|18.|Government|grants|||||||
||The amounts|recognised|in the financial||statements|for government|grants are as follows:||
||||||||2023|2022|
||Recognised|in income from donations||and legacies:|||||
||Government|grants
income||||||7,300|
|19.|Analysis of|charitable|funds||||||
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|Unrestri|cted
funds||||||
|---|---|---|---|---|---|---|
|||||||At|
||||At|||31 March 20|
|||1|April 2022|Income|Expenditure|23|
||||F.|F|F||
|General|funds||(2,265,789)|1,679,839|(2,385,336)|(2,971,286)|
|||||||At|
||||At|||31 March 20|
|||1|April 2021
6|Income
F|Expenditure
f|22|
|General|funds||(1,117,812)|1,207,916|(2,355,893)|(2,265,789)|
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|19.|Analysis
ofcharit
Restricted funds|abl|e
funds
(uontinuect)|||||
|---|---|---|---|---|---|---|---|
||||||||At|
|||||At|||31 March 20|
|||||1 April 2022|Income
f|Expenditure
6|23
f|
||Restricted
Fund|||2,497,989|759,360|(2,597)|3,254,752|
||||||||At|
|||||At|||31 March 20|
|||||1 April 2021
f|Income
E|Expenditure
F|22
6|
||Restricted
Fund|||1,339,912|1,158,077||2,497,989|
|20.|Analysis ofnet assets between funds|||||||
|||||||Unrestricted|Total Funds|
|||||||Funds
f|2023
8|
||Tangible fixed assets|||||259,500|259,500|
||Current assets|||||101,553|101,553|
||Creditors less than|1|year|||(77,587)|(77,587)|
||Creditors greater than||1 year|||||
||Net assets|||||283,466|283,466|
|||||||Unrestricted|Total Funds|
|||||||Funds|2022|
||||||||r|
||Tangible fixed assets|||||266,614|266,614|
||Current assets|||||88,084|88,084|
||Creditors less than|1|year|||(78,798)|(78,798)|
||Creditors greater than||1 year|||(43,700)|(43,700)|
||Net assets|||||232,200|232,200|
##
|Analy|sis|ofc|han|ges|
in net debt|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||At||
|||||||At|1|Apr 2022|Cash flows|31 Mar|2023|
|||||||||6|E||8|
|Cash|at|bank|and|in|hand|||53,813|36,440|90,253||