REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
EZER LEYOLDOS LIMITED |
(A COMPANY LIMITED BY GUARANTEE) |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
EZER LEYOLDOS LIMITED |
(A COMPANY LIMITED BY GUARANTEE) |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
EZER LEYOLDOS LIMITED |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Reference and Administrative Details | 1 |
Report of the Trustees | 2 | to | 5 |
Independent Examiner's Report | 6 |
Statement of Financial Activities | 7 |
Statement of Financial Position | 8 | to | 9 |
Statement of Cash Flows | 10 |
Notes to the Statement of Cash Flows | 11 |
Notes to the Financial Statements | 12 | to | 20 |
EZER LEYOLDOS LIMITED |
REFERENCE AND ADMINISTRATIVE DETAILS |
FOR THE YEAR ENDED 31 MARCH 2024 |
TRUSTEES |
COMPANY SECRETARY | M M Posen |
REGISTERED OFFICE |
REGISTERED COMPANY NUMBER |
REGISTERED CHARITY NUMBER |
INDEPENDENT EXAMINER | Sugarwhite Meyer HS Ltd |
First Floor |
94 Stamford Hill |
London |
N16 6XS |
BANKERS |
Finsbury Park |
London |
N4 2AW |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
REFERENCE AND ADMINISTRATIVE INFORMATION |
The information is shown on page 1 of the financial statements and forms part of this report. |
OBJECTIVES AND ACTIVITIES |
Objectives and aims |
Ezer Leyoldos aims to promote stability and security among families in need, giving children a better future. Our aim is to relieve difficulties, prevent problems developing and restore stability to troubled families. |
· Provide support to families that are experiencing difficulties. |
· Enable families with ongoing difficulties to function effectively. |
· Educate and empower parents by teaching and developing parenting and home management skills. |
· Provide support to vulnerable families, keeping children healthy and safe. |
The trustees confirm that they have given due regard the Charity Commission's guidance on public benefit. |
Background |
Ezer Leyoldos Ltd was established in 1981 to meet the needs of the Orthodox Jewish community in Hackney and Haringey, which now numbers over 38,000. Our particular focus remains to support vulnerable families. During the past year we have continued to provide a core offer of service for our target families.. |
In the last year we have succeeded in providing support to more than 59 families and approximately 335 children. This has been in no small way due to the dedication of our team and our managing director, Mr Irving Lichtman, who are constantly seeking ways to support parents who are struggling to raise families in deprived inner London boroughs. |
Typically, a family receiving support is living in cramped or poorly maintained accommodation, on a low income and receipt of benefits. Many of our service users have additional mental health needs and/or have one or more children with disabilities. The aim of our organisation is to provide support to vulnerable families and to intervene at an early stage, in order to prevent more complex and extensive problems from developing. |
CARE QUALITY COMMISSION |
We continue to be registered with the CQC (Care Quality Commission), providing a framework and inspection overview for our Home Care service. |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
Family Support |
CHILDREN WITH DISABILITIES |
Our small team of Family Facilitators, has continued to offer a culturally sensitive service. They provided practical and emotional home-based support to families facing difficulties such as mental ill health, illness, disability, or managing children with challenging behaviours, on as short- or long-term basis. Some also attended school or health meetings with parents to advocate on their behalf. |
In 2023-24, 19 families were supported by a facilitator. |
All our facilitators received regular supervision from the two experienced Client Services Coordinators and the Service Manager, resulting in a professional and well-coordinated service. |
Ezer continued to work in partnership with the professionals that make up the Multi Agency Team (MAT) at Oldhill and Woodberry Down Children's Centres in Hackney, to improve early help services delivered to families in the community. In the past year we supported 15 families, with 79 children. |
Ezer continued to be commissioned by Hackney Children's Services as a preferred provider to deliver culturally appropriate, intensive family support services at Tier 3, to families living in the borough. This support has continued to bring about positive outcomes for the 6 families we were supporting, preventing family breakdown and ensuring the safety of children at risk and bridging the relationship with statutory services. |
In September 2023, Ezer's contract with Haringey expired, but until a new strategic commissioner came into post in 2024, work continued. Since then, there have been various meetings with the commissioning team, to discuss whether a further family support service contract will be agreed. |
Overall, the cost of running our Family Support Service in 2023-24 was £260k with only 21% funded by local authority contracts. |
SHORT BREAKS |
From April 2023- March 2024, Ezer provided 1:1 support in the community to 91 children aged 5-18. 27 new children were referred to the service in the year. |
ADULT SERVICES |
Ezer continued to be commissioned by Hackney Adult Services, on a spot purchase basis, to provide Family Support and Home Care services. We supported 3 families. Ezer provided support to the carer, ensuring that all required paperwork was completed for CQC inspection purposes. |
THERAPEUTIC SERVICES |
Ezer Leyoldos continued to offer culturally appropriate therapeutic service to vulnerable children and families within the community who would otherwise not avail themselves of this support. We have developed a data base of skilled and qualified therapists from within the community, including family therapists, child and adolescent therapists, and marital counsellors who support these clients on a sessional basis. |
In the last year, 200 sessions of counselling were provided by at a cost of £20,000. |
PRE AND POST NATAL SUPPORT |
The pre and post-natal support service included volunteer support, cleaning and the provision of hot meals. Unfortunately, as this service was funded solely by the community and donations had declined, we were forced to cut back on cleaning provided. Nevertheless in 2023-4 we supported 14 families, with 67 children, where the mother was incapacitated due to a pregnancy related illness or was convalescing following a new birth, as well as those who were overwhelmed and having difficulty in managing their large families. |
We continued to provide a meals service, sending out 5120 portions of food, although it became more of a challenge to get some basic items donated. |
VOLUNTEER SUPPORT |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
Volunteer support was also reduced this year as the local school was only able to provide a few students to help out and we were unable to attract any new more mature ladies. |
WORKING IN PARTNERSHIP |
Haringey Triangle Centre - In March 2023 Ezer appointed another community worker for the Orthodox Jewish Community of Haringey, commissioned by the Triangle Children's Centre, on a year's contract. Building on the success of the previous worker, a variety of play based and outreach services were offered. From April 2023 after-school play and stay sessions began and by the end of July, the number of Charedi families using the Children's centre services had increased. |
Ezer's Service Manager continued supporting the Triangle to strengthen our partnership working and remains part of the Triangle Management Advisory board. |
Hackney Family Hubs - Hackney family hub developments continued, bringing together a range of services to provide family support for children 0 to 19 years. Ezer's service manager continued to attend the monthly operational implementation groups. |
In addition, Ezer had an ongoing presence on the Charedi Women's Health Alliance, the Maternity Services group and The Haringey Children and Young People Strategy Group Meeting, all facilitated by Interlink. Ezer's Service Manager attended forums /workshops at Hackney Council for Voluntary Services and Ezer continued to support the delivery of Koach Parenting sessions, by hosting their Fathers Groups. |
Cultural awareness training - In September and November 2023 our Client Services Coordinators cultural awareness training to Haringey CAMHS and a Hackney Health Visiting team. |
RESCUING CHILDREN, SAVING FAMILIES (Lehatzel) |
Ezer Leyoldos has continued to assist specific cases relating to families who have been involved in legal claims. Substantial legal fees have been incurred to assist the families. |
FINANCIAL REVIEW |
Financial position |
During 2023-24 Ezer continued to significantly improve the lives of local Orthodox Jewish families. Feedback from clients about care provision has been consistently positive. The organisation remains a trusted provider of services for children and families, both amongst statutory providers and in partnership with other voluntary organisations. |
Reserves policy |
The trustees ensure that sufficient reserves are kept to cover foreseeable demands. |
FUTURE PLANS |
The charity plans to continue its activities subject to satisfactory incoming resources. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 25th February 2009. |
Recruitment and appointment of new trustees |
The power to appoint new trustees is vested in the board. It is not the intention of the trustees to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment induction and training procedures. |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 31 MARCH 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Organisational structure |
The Management Committee, which meets quarterly, has seven members, who in their professional capacities include a school principal/rabbi, community welfare adviser, psychotherapist and educational psychologist. Their combined experience as professionals in their working lives together with their roles as parents and grandparents in the community, helps us to remain focused and in touch with the needs of our service users. We present the report of the past year's activities. |
STAFFING AND ORGANISATIONAL STRUCTURE |
In 2023-24 there were no changes to our core staff team and the organisational structure remained the same. |
Risk management |
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. |
The trustees have put in place systems to identify risks and review the systems regularly. |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
EZER LEYOLDOS LIMITED |
Independent examiner's report to the trustees of Ezer Leyoldos Limited ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
E Meyer FCA BSc |
Sugarwhite Meyer HS Ltd |
First Floor |
94 Stamford Hill |
London |
N16 6XS |
9 January 2025 |
EZER LEYOLDOS LIMITED |
STATEMENT OF FINANCIAL ACTIVITIES |
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | fund | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
EXPENDITURE ON |
Raising funds | 3 |
Charitable activities | 4 |
Support costs | 280,314 | - | 280,314 | 283,231 |
Governance costs | 9,206 | - | 9,206 | 17,213 |
Care Package | 93,110 | 304,513 | 397,623 | 383,837 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | ( |
) | ( |
) | ( |
) |
TOTAL FUNDS CARRIED FORWARD | ( |
) | ( |
) | (92,867 | ) |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
STATEMENT OF FINANCIAL POSITION |
31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 10 |
CURRENT ASSETS |
Debtors | 11 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 12 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year | 13 | ( |
) | ( |
) |
NET ASSETS/(LIABILITIES) | ( |
) | ( |
) |
FUNDS | 16 |
Unrestricted funds: |
Charitable | - | (106,570 | ) |
General | (172,402 | ) | - |
( |
) | (106,570 | ) |
Restricted funds: |
Restricted Funds | - | 13,703 |
TOTAL FUNDS | ( |
) | (92,867 | ) |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
EZER LEYOLDOS LIMITED (REGISTERED NUMBER: 06829662) |
STATEMENT OF FINANCIAL POSITION - continued |
31 MARCH 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
EZER LEYOLDOS LIMITED |
STATEMENT OF CASH FLOWS |
FOR THE YEAR ENDED 31 MARCH 2024 |
2024 | 2023 |
Notes | £ | £ |
Cash flows from operating activities |
Cash generated from operations | 1 | 15,258 | 11,596 |
Interest paid | (8,087 | ) | (7,030 | ) |
Net cash provided by operating activities | 7,171 | 4,566 |
Cash flows from investing activities |
Sale of tangible fixed assets | (947 | ) | - |
Net cash (used in)/provided by investing activities | (947 | ) | - |
Cash flows from financing activities |
Loan repayments in year | (5,555 | ) | (5,556 | ) |
Net cash used in financing activities | (5,555 | ) | (5,556 | ) |
Change in cash and cash equivalents in the reporting period |
669 |
(990 |
) |
Cash and cash equivalents at the beginning of the reporting period |
2 |
(45,120 |
) |
(44,130 |
) |
Cash and cash equivalents at the end of the reporting period |
2 |
(44,451 |
) |
(45,120 |
) |
EZER LEYOLDOS LIMITED |
NOTES TO THE STATEMENT OF CASH FLOWS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
2024 | 2023 |
£ | £ |
Net (expenditure)/income for the reporting period (as per the Statement of Financial Activities) |
(79,535 |
) |
10,445 |
Adjustments for: |
Depreciation charges | - | 2,210 |
Loss on disposal of fixed assets | 947 | - |
Interest paid | 8,087 | 7,030 |
Decrease in debtors | 178,603 | 81,026 |
Decrease in creditors | (92,844 | ) | (89,115 | ) |
Net cash provided by operations | 15,258 | 11,596 |
2. | ANALYSIS OF CASH AND CASH EQUIVALENTS |
2024 | 2023 |
£ | £ |
Notice deposits (less than 3 months) | 4,519 | 70,410 |
Overdrafts included in bank loans and overdrafts falling due within one year |
(48,970 |
) |
(115,530 |
) |
Total cash and cash equivalents | (44,451 | ) | (45,120 | ) |
3. | ANALYSIS OF CHANGES IN NET DEBT |
At 1.4.23 | Cash flow | At 31.3.24 |
£ | £ | £ |
Net cash |
Cash at bank | 70,410 | (65,891 | ) | 4,519 |
Bank overdrafts | (115,530 | ) | 66,560 | (48,970 | ) |
(45,120 | ) | 669 | (44,451 | ) |
Debt |
Debts falling due within 1 year | (5,556 | ) | - | (5,556 | ) |
Debts falling due after 1 year | (34,722 | ) | 5,555 | (29,167 | ) |
(40,278 | ) | 5,555 | (34,723 | ) |
Total | (85,398 | ) | 6,224 | (79,174 | ) |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Critical accounting judgements and key sources of estimation uncertainty |
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose. |
Support costs are those incurred to assist the work of the charity but are not direct charitable activities. |
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Financial instruments |
The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. |
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. |
Current assets and current liabilities are subsequently measured at the amount expected to be received or paid and not discounted. |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | ACCOUNTING POLICIES - continued |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
Going concern |
There are no material uncertainties about the charity's ability to continue. |
2. | DONATIONS AND LEGACIES |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
£ | £ | £ | £ |
Donations | 646,521 | 301,514 |
Grants | 18,680 | 31,245 |
665,201 | 332,759 |
Grants received, included in the above, are as follows: |
2024 | 2023 |
£ | £ |
Grants- Family support | - | 22,837 |
Other Grants | 1,540 | 65,549 |
London Borough of Haringey | - | 26,914 |
Other grants | 48,385 | - |
49,925 | 115,300 |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
3. | RAISING FUNDS |
Raising donations and legacies |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
£ | £ | £ | £ |
Consultants and fund raising costs | 17,068 | - | 17,068 | 20,016 |
Advertising, brochures and leaflets | 784 | - | 784 | 1,061 |
17,852 | - | 17,852 | 21,077 |
4. | CHARITABLE ACTIVITIES COSTS |
Grant |
funding of |
activities | Support |
Direct | (see note | costs (see |
Costs | 5) | note 6) | Totals |
£ | £ | £ | £ |
Family Support | 500 | - | 9,630 | 10,130 |
Provision of meals | 3,028 | - | - | 3,028 |
Family Specific Assist-Professional Help |
289,431 |
- |
- |
289,431 |
Short breaks | 41,950 | - | 10,936 | 52,886 |
General grants | - | 17,025 | - | 17,025 |
Support costs | - | - | 280,314 | 280,314 |
Governance costs | - | - | 9,206 | 9,206 |
Care Package | 385,699 | - | 11,924 | 397,623 |
720,608 | 17,025 | 322,010 | 1,059,643 |
5. | GRANTS PAYABLE |
2024 | 2023 |
£ | £ |
General grants | 17,025 | 15,808 |
The total grants paid to institutions during the year was as follows: |
2024 | 2023 |
£ | £ |
General purpose | - | 1,000 |
Advancement of religion | - | 7,910 |
Social welfare | - | 5,288 |
Relief of poverty | - | 1,110 |
Advancement of education | - | 500 |
The total grants paid to individuals during the year was as follows: |
2024 | 2023 |
£ | £ |
Social welfare | 17,025 | - |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | SUPPORT COSTS |
Governance |
Management | Other | Other 2 | costs | Totals |
£ | £ | £ | £ | £ |
Family Support | 9,630 | - | - | - | 9,630 |
Short breaks | 10,936 | - | - | - | 10,936 |
Support costs | 248,660 | 1,050 | - | 30,604 | 280,314 |
Governance costs | 146 | - | 947 | 8,113 | 9,206 |
Care Package | 11,924 | - | - | - | 11,924 |
281,296 | 1,050 | 947 | 38,717 | 322,010 |
Support costs, included in the above, are as follows: |
Management |
Family | Short | Support |
Support | breaks | costs |
£ | £ | £ |
Wages | 4,553 | 10,936 | 215,361 |
Social security | - | - | 1,390 |
Pensions | - | - | 1,586 |
Rent,rates and water | - | - | 16,500 |
Insurance | - | - | 5,242 |
Light and heat | - | - | 620 |
Telephone | - | - | 4,098 |
Postage and stationery | - | - | 1,743 |
Repairs and renewals | 5,077 | - | 2,120 |
Refreshments and staff welfare | - | - | - |
Depreciation of tangible and heritage assets |
- |
- |
- |
9,630 | 10,936 | 248,660 |
2024 | 2023 |
Governance | Care | Total | Total |
costs | Package | activities | activities |
£ | £ | £ | £ |
Wages | - | 11,924 | 242,774 | 251,941 |
Social security | - | - | 1,390 | (2,488 | ) |
Pensions | - | - | 1,586 | 1,466 |
Rent,rates and water | - | - | 16,500 | 48,084 |
Insurance | - | - | 5,242 | 4,839 |
Light and heat | - | - | 620 | 632 |
Telephone | - | - | 4,098 | 4,460 |
Postage and stationery | - | - | 1,743 | 2,156 |
Repairs and renewals | - | - | 7,197 | 25,417 |
Refreshments and staff welfare | 146 | - | 146 | 133 |
Depreciation of tangible and heritage assets |
- |
- |
- |
2,210 |
146 | 11,924 | 281,296 | 338,850 |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
6. | SUPPORT COSTS - continued |
Other |
2024 | 2023 |
Support | Total |
costs | activities |
£ | £ |
Sundries | 1,050 | - |
Other 2 |
2024 | 2023 |
Governance | Total |
costs | activities |
£ | £ |
Loss on sale of tangible fixed assets | 947 | - |
Governance costs |
2024 | 2023 |
Support | Governance | Total | Total |
costs | costs | activities | activities |
£ | £ | £ | £ |
Independent examiner's fee | 1,440 | - | 1,440 | 1,320 |
Independent examiner's other fees | 4,500 | - | 4,500 | 3,780 |
General expenses | 4,777 | 26 | 4,803 | 4,647 |
Motor and travel | 18,855 | - | 18,855 | 2,787 |
Bookkeeping | 1,032 | - | 1,032 | 2,018 |
Bank interest | - | 8,087 | 8,087 | 5,947 |
Bank loan interest | - | - | - | 1,083 |
30,604 | 8,113 | 38,717 | 21,582 |
7. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
Deficit on disposal of fixed assets |
8. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
9. | AVERAGE STAFF NUMBERS |
Average number of staff in the year was 16 (2023- 45) |
10. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 April 2023 and 31 March 2024 |
DEPRECIATION |
At 1 April 2023 and 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
11. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
Grants receivable | 78,424 | 78,424 |
12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts (see note 14) |
Trade creditors |
Social security and other taxes | ( |
) |
NEST Penions | 285 | - |
Net Wages control | 92,399 | 29,828 |
Other creditors |
Accruals and deferred income |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans (see note 14) |
Social security and other taxes |
14. | LOANS |
An analysis of the maturity of loans is given below: |
2024 | 2023 |
£ | £ |
Amounts falling due within one year on demand: |
Bank overdrafts |
Bank loans |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
Amounts falling due in more than five years: |
Repayable by instalments: |
Bank loans more 5 yr by instal | 6,945 | 12,500 |
15. | ANALYSIS OF NET ASSETS BETWEEN FUNDS |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
funds | fund | funds | funds |
£ | £ | £ | £ |
Fixed assets | 12,524 | - | 12,524 | 12,524 |
Current assets |
Current liabilities | ( |
) | ( |
) | ( |
) |
Long term liabilities | (33,497 | ) | - | (33,497 | ) | (39,052 | ) |
(172,402 | ) | - | (172,402 | ) | (92,867 | ) |
16. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.4.23 | in funds | 31.3.24 |
£ | £ | £ |
Unrestricted funds |
General | (106,570 | ) | (65,832 | ) | (172,402 | ) |
Restricted funds |
Restricted Funds | 13,703 | (13,703 | ) | - |
TOTAL FUNDS | ( |
) | (79,535 | ) | (172,402 | ) |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
16. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General | 665,201 | (731,033 | ) | (65,832 | ) |
Restricted funds |
Restricted Funds | 332,759 | (346,462 | ) | (13,703 | ) |
TOTAL FUNDS | ( |
) | (79,535 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1.4.22 | in funds | 31.3.23 |
£ | £ | £ |
Unrestricted funds |
Charitable | (117,016 | ) | 10,446 | (106,570 | ) |
Restricted funds |
Restricted Funds | 13,704 | (1 | ) | 13,703 |
TOTAL FUNDS | (103,312 | ) | 10,445 | (92,867 | ) |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
Charitable | 425,865 | (415,419 | ) | 10,446 |
Restricted funds |
Restricted Funds | 573,487 | (573,488 | ) | (1 | ) |
TOTAL FUNDS | 999,352 | (988,907 | ) | 10,445 |
EZER LEYOLDOS LIMITED |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2024 |
17. | RELATED PARTY DISCLOSURES |