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BNJC

Registered charity 1195729 · accounts filings on the Charity Commission register

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Latest income
£4.1m
Latest spending
£4.2m
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a net expenditure of £152,442 for the year, resulting in total unrestricted reserves of £2,690,190. Per the trustees' report, this reserve level is considered adequate to meet the stated policy of maintaining three to six months' expenditure. The auditor confirmed that resources are adequate to continue as a going concern, supported by a commitment from The Bloom Foundation to cover any shortfalls.

What the accounts disclose

Reserves policy: three and six-months’ expenditure (held: £2.7m)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six-months’ expenditure.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants received from The Bloom Foundation, of which M Sugarman is a trustee.
“During the year, BNJC (Charity) received grants of £2,235,000 (2023: £3,472,940) from The Bloom Foundation of which M Sugarman is a trustee.” — page 27
“BNJC (Group) owed £651,100 (2023: £447,991) to AGB Reading LLP (a connected entity of which M Sugarman is a member) at the year end.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan owed to AGB Reading LLP, a connected entity of which M Sugarman is a member.
“During the year, BNJC (Charity) received grants of £2,235,000 (2023: £3,472,940) from The Bloom Foundation of which M Sugarman is a trustee.” — page 27
“BNJC (Group) owed £651,100 (2023: £447,991) to AGB Reading LLP (a connected entity of which M Sugarman is a member) at the year end.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Rent incurred and owed to AGB Hove Limited, a connected company of which M Sugarman is a director.
“During the year, BNJC (Charity) received grants of £2,235,000 (2023: £3,472,940) from The Bloom Foundation of which M Sugarman is a trustee.” — page 27
“BNJC (Group) owed £651,100 (2023: £447,991) to AGB Reading LLP (a connected entity of which M Sugarman is a member) at the year end.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Accountancy fees paid to CCI Accountants Ltd, of which R F Comer is a partner.
“During the year, BNJC (Charity) received grants of £2,235,000 (2023: £3,472,940) from The Bloom Foundation of which M Sugarman is a trustee.” — page 27
“BNJC (Group) owed £651,100 (2023: £447,991) to AGB Reading LLP (a connected entity of which M Sugarman is a member) at the year end.” — page 27
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: BNJC Trading Limited, Novellino Brighton Limited
“Consolidated financial statements have been prepared for the charity and its trading subsidiaries, BNJC Trading Limited and Novellino Brighton Limited.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by HW Fisher Audit. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/06/2025)

Total income
£4.1m
Total spending
£4.2m
Cost of raising funds
£2.9m
Reserves (reported)
£2.6m
Employees
53

Reported reserves equal ~7.6 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brighton And Hove

Income and spending

Financial year endIncomeSpending
30/06/2025£4.1m£4.2m
30/06/2024£3.0m£3.1m
30/06/2023£3.6m£933k
30/06/2022£301k£141k

Common questions

Is BNJC financially healthy?

The accounts state that the charity generated a net expenditure of £152,442 for the year, resulting in total unrestricted reserves of £2,690,190. Per the trustees' report, this reserve level is considered adequate to meet the stated policy of maintaining three to six months' expenditure. The auditor confirmed that resources are adequate to continue as a going concern, supported by a commitment from The Bloom Foundation to cover any shortfalls. Its FY2024 accounts were audited by HW Fisher Audit.