COMPANY REGISTRATION NUMBER.. 02831224
CHARITY REGISTRATION NUMBER: 1049458
Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Financial Statements
31 August 2025

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Financial Stalements
Year ended 31 August 2025
Page
Trustees. annual report {incorporating the directorfs report)
Independent auditoffs report to the members
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Statement of cash flows
10
11
12
Notes to the financial statements
13

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Directorfs Report)
Year ended 31 August 2025
The IrusteÉs, who are also the directors for the purposes of company law, present their report and the financial
stslemenls of the charity for the year ended 31 August 2025
Reference and adminlstratlve details
Registered charity name
Charity registration number
Company registration number
Principal office and rggistered 103 High Street
office
Waltham Cross
Bels Chinuch Lebonos Limited
1049458
02831224
EN8 7AN
England
The truslees
N Spitzer
E Spiller
A Schechter
Rabbi C Teitelbaum
Company Secretary
Auditor
Neil Spilzer
Brindley &)Idstein Limited
Chartered accountsnls & ststutory auditor
103 High street
Waltham Cross
EN8 7AN

Structure. govemance and management
Governing docurnent
The charity is a company limited by guarantee and accordingly does not have share capital. The charity is
governed by ils Memorandum and Articles of Assoryalion dat￿1 29 June 1993.
Every member of the company undertakes lo contribute such an amount as may be required, not exceeding £1, to
the assets of the charitable company in the event of ils being wound up while he or she is a member, or within one
year after he or she ceases lo be a member.
The trustees. who we also directors for the pJrpose of CoMp￿Y law, and who served during the year and up to the
dale of signature of the financial statements were.. N￿1 Spitzer Esther Spitzer
Rabbi Chanoch Teilelbaum
Abraham Schechler
The board of trustees may elect or remove tre Chair or any other Offi￿rS that It wishes. Officers shall be appointed
from amorbg the Iruslees, by a majority vote.
None of the Iruslees have any beneficial interest in the company.
None of the Iruslees are entitled lo any remuneration for their services.
The company's current policy concerning the payment of trade creditors is to follow the CBI'S Prompt Payers C(xle
The company's policy is lo..
Settle the terms of payment with suppliers when agreeing Ihe terms of each trangaction.. Ensure th21 suppliers
are made aware of the terms of payment by inclusion of the relevant terms in contracts- and Pay in accordance
with the company's contractual and other legal obliga￿OnS.
Organisational structure
The charity's activity is the running of a C￿che. nursery and schcK>l for the Orthodox Jewish cornmunity. The charity
is under the direction ol the Iruslees who are appoin'.ed al the annual general meeting. The charity has a full-lime
administrator as well as office staff, in addition to teachers and volunteer assistants. No remuneration 15 taken by
any trustee. All decisions made on behalf of Ihe charity are made by tre trustees.
The school OGcupies premises owned by a connected charitable company called Forty Limited. and rent is paid at a
levèl as agreed with Forty Limiled. The school also has an asg(￿12ted charity called Kids N, Action. which provides
essential sports, arts. and both on- and off-site acbvities for disadvantaged local young people. Kids N. Action
programmes have improved the attainment levels. social skills. and motivation of the children who allend Ihe
school.
Details of transactions with relaled parties are disclosed in the noles to the financial statements.
Disclosure of information lo auditor
Each of the trustees has confimied that the￿ is no infomiathon of which they are aware which is ￿levant lo the
audit, but of which the auditor is unaware_ They have further confimied that they have taken appropriate steps to
idenlrfy SLJch relevant information and to establish that the auditor is aware of such infornalion.

0￿.ectiveS and activities
The charity's objects are to provide a full and well-balanced education to members of the Orthodox Jewish
community, enabling the pupils lo b￿me functK)ning and contributing MeMb￿S of soryety.
In furtherance of this objective, Ihe charity 0F￿rateS an independent orthodox Jewish cfftche, nursery and school in
North London providing chil¢jCa￿ and educat'on for approximately 860 pupils, aged from 3 months lo 16 years.
The Schod is funded through voluntary donats.ons and government granls for education. Additional Income is
generated through nursery r)rovision and ctr.il¢Jcare services. including breakfast and after-school clubs. Nursery
places for children aged 2 10 4 are subsidized by the local authority for between 15 and 30 hours per week.
The s¢hool's policy is to accept all eligible children regardless of their parents. financial circumstances- any shortfall
is covered by donations from charitable trusts, foundkn"ons. ard local philanthropists.
The trustees confirm that they have referred to guidan￿ conlained in the Charity Commission's general guidance
on public benefit when reviewing the Trusl's aims and objectives, and in planning future activities and setting Ihe
grenl-making policy for the year.
The charity's main Income is generated from a combination ol voluntary donation Income and from the government
In the form of grants in respect of e(Jucalion. The aim of the charity is lo maintsln a stable flow of Income. SLfficlenl
to Cover the costs of running the gehool.
The principal objeclive of the charity is to provide a full and well-balanced education in a safe and supportive
learning environment. The trustees also aim to expar)d Ihe Scho[￿ as necessary, as demand for places increases
due lo population growth in the l(xal are2.
The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what aclivities Ihe
charity should undertake.
The charily maintained its s¥Jnificanl activities in Ihe year. This consisted of maintaining ils income flows lo fund its
activities. lo enable high-qualily educalion Ic be provided on an ongoing basis. When considering which pupils to
admit. the school does not discriminate on the basis of the personal circumstances of their parents.
The charity pays rent to Forty Limited. Forty Limited owns the building that the charity uses as the school and
nursery. The funds received are used to help maintain the bulding and extend it as required. The charity's policy is
to distribute excess funds in assists'ng with the upkeep of the school building.
Strategic report
The following sections for achievements and perIOrman￿ and financial review fomi the strategic report of the
chanty.

Achievements and perfomiance
Review of activitie5 and achievements
The schi)ol was opened in 1987. trustees are gralified lo report a sustained increase in numbers lo a total of
860 pupils, with ages ranging from 3 months lo 16 years. BCL follov45 the national curriculum leading to GCSES.
The school has extremely high pass rates across a variety of subjects al GCSE level. which is very encouraging,
particularly considering the wide spectrum of abilily among pupils. including those who are statement or have
disabilities.
Fundraising via donations continued during Ihe year. helping ensure the objectives set by the charity were
achieved. The charity received donations and childcare income of £2,794,80312024.' £3.207.827).
The school occupies premises owned by Forty Limited. These premises conlinue lo be expanded and refurbished
to include new facilities lo cater for the growing number of applicants. The schcM)I continues to admit three classes
per year. equating lo approximately 70 thildren annually. As the sch)ol expands. further building work has been
agreed Up￿ to accommodate the inc￿SSIng intake. Rent is paid at a level ag￿ed wilh Forty Limited.
The charily will continue lo apply lor and secure govemmenl and local authority funding lor school places and for
its nursery and pre-schThJ services. Including a community drop-in crèche.
Reserves
The trustees en5urg that suffiaent reserves are available lo cover foreseeable wmmitments. In addition, the
trustees have received undertakings frorn lo(xl sUPP(Kters to cover any deficit should such a need arise.
Governance and intemal control
The Iruslees have assessed the major risks to which the charity is exposed and are sabsfied that systems are in
place lo mitigate those risks.
Risk Management Review
A review of the wlenlial risks faced by the charity 4as been underlaken. These are seen io be primarily in Ihe
areas of property safely and financial control. Appropriate and ieasonable systems are in place to cover
foreseeable eventualities. Further reviews wil be conducted periodically.
Financial revigw
The charty received income, Induding grants from the l(Kal authority. of £1,772.837. contributing to a lolal income
of £4,570,090 for Ihe year12024= £4,459.6791
The costs of running the school and charity for the year amounted lo £4,637,76412024.. £4.537,379), resulting in a
deficit for the year of £67,67412024.. £77,700).
The fund balance al the year*nd stands at a surplus of £116.72412024= £19,522 deficit).
Trustees. responsibilities ststernent
The truslees, who are also directors for the pUT￿SeS ol company law. are responsib￿ for preparing the trustees.
report and the financial statements in accordance wrth applicable la￿, and Uniled Kingdom Accounting Standards
(United Kingdom G&nerally AC￿pted Accounting Practice)- Company law requires the charity tmstees lo prepare
financial ststements for each year which give a true and fair view of the stale of affairs of the charitable company
and the incoming resources and application of resources. inc,uding the income and expenditure, for that period. In
preparing these financial statements. the trustees are required to=
select suitable accounting policies and Ihen
apply them consistently., - observe the meth￿S and prinoples in the appIl￿ble Charities SORP", make judgments
and accounlir)g estimates that are reasonable and Frudent-
state whether applicable UK Accounting Stsndard5
have been followed. subject to any material deparlLJres disclosed and eXp￿Ined in the financial statements.,
prepare the financial slalemenls on the goiry COn￿M basis unless il is inappropriate lo presume that the charily
will continue in business. The trustees are responsible ft)r keeping adequate accounting records that are sufficient
to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure thal the financial slalements comply with the Companies Act
2006. They are also responsible for safeguarding the assels of the charity arKJ hence for taking reasonable steps
for the prevention and detection of fraud and olher itregularities.

Auditor
Each of the persons who is a trustee al the date of approval of this report confirms that:
so far as they are aware, there Is no relevant audit 1nfomiab.on of which the charil￿S auditor is unaware., and Ihey
have taken all steps Ihal they ought to have taken as a trustee lo make themselves aware of any relevant audit
infomiation and lo establish that the charivs audttor is aware of that infomation.
The trustees, annual report and the strategic report were approved on 20 May 2026 and signed on behalf of the
board of trustees by..
A Schechter
Trustee

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Bels Chinuch Lebon05 Limited
Year ended 31 August 2025
Opinion
We have audited the financial slalements ot Bels Chinuch Lebonos Limited (the 'charity') for the year ended 31
August 2025 which comprise the stalemenl of financial activities (including income and expenditure account),
statement of financial posits"on. statement of cash flows and the ￿lated notes. induding a summary of significant
accounting policies. The financial reporting framework that has been applied In their preparation is applicable law
and United Kingdom Accounting Standards. Induding FRS 102 The Financial ReportirKJ Standard applicable in the
UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice) In our opinion the financial
statements..
give z true and fair view of the state of the charity's affzirs a5 at 31 August 2025 and of 115 Incoming
resources and application of resources. inclLKling its income and expenditure, for the year then ended., have been
properly prepared in accordance wilh Uniled Kingdom Generally Accepted Accounting practi￿.,
have been
prepared in accord3rice with the requirements of the CompanEs Act 2006.
Basis for opinion
We cOndu￿ed our audit in accordance with Intemalional Standards on Auditing IUKI IISAS (UKII and applicable
law. Our responsibilities under those standards are further described in the audilorfs resF)onsibilib"es for the audil of
the financial slalements section of our repcwt. We are independent of Ihe charity in accordance wilh the ethical
requirements that are relevant lo our audit of the Inanci21 statements in the UK, Including the FRC'S Ethical
Standard, and we have fulfilled our ather eth￿1 resF)onsibilities in accordan￿ with these requiremen15. We believe
that the audit evidence we have obtained is sufficient and appropnate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements. we have concluded Ikat the trustees, use of the going concerrb basis of
accounting in Ihe prepamlion of Ihe finanaal slalements is appropriate.
Based on the work we have performed: we have not ident(Fied any rnaterial uncertainties relating to events or
conditions that, individually or collectively. may cast significant doubl on the charity's ability to continue as a going
concern for a period of al least twelve months from when the finanual ?tatemer)ts are authorised for issue.
Our responsibilities 2nd the responsibilities of Ihe trustees with respect to going concern are described in the
relevant sections of this report.

Other information
The other information comprises the infomiation incfuded in ihe annual report, olher than the financial statements
and our auditor's report Ihereon. The trustees are responsible for Ihe other infomialion. Our opinior) on the financial
statements does nal cover the other information and. except to the exlent otherwise expliciuy Stated in our report,
we do not express any fom of assurance conclusion thereon. In connection with our audit of the financial
stslemenls. our responsibility Is to read the other infomiation and. in doing so. consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in the audit or
otherwise appears lo be materially misstated. If we idenlify such material inconsistencies or apparent material
misststements, we are required lo determine whether Ihere is a material misstatement in the financial statements
or a material misstatement of the olher Informab"on. If. based on the work we have performed, we conclude that
there is a material misstatement of this other information. we are required to report that fact. We have nothing to
report in this regard.
OpNnion¥ on other matters prescribed by the Companies Act 2006
In our opinion, based on the work underlaken in the ￿urse of the audit-
the information given in the trustees, report for the financial year for which the financial ststements are prepared is
consislenl with the financial statements,. and
- the trustees. report has been prepared in accordance wth applicable legal requiremenls.
Matters on which WÈ are required to report by exception
In the light of the knowledge and understa￿lIng of Ihe charity and its environment obtained in the course of the
audit, we have not idenlified material misstatèments in the trustees. report. We have nothing lo report in respect of
the following mattets in relation lo which the Companies Act 2006 requires us to report to you if, in our opinion..
adequate accounting rècords havè not been kept. or retums adequate for our audit have not been received from
branches not visited by us", or - the financial stalemenls are nol in agreement wilh the accounling records and
relums,. or- ￿rtain disclosures of trustees, remuneration specified by law are not rnade. or - we have not received
all the information and explanations we require for our audit.
Responsibilitie3 of truste
As explained more fully In the trustees. restx)nsibilities statement. the trustees (who are also the directors for the
purposes ol company lawl are responsible for the preparation of the financial statements and for being satisfied
that they give 2 true and fair view: and for such intemal contrd as the trustees determine is necessary lo enable the
preparation of fillancial slalements that are free from material misstatement. whether due to fraud or error. I
preparing the firbancial slalements, the trustees are responsible for assessing the charity's ability lo conts'nue as a
going concern, disc105ing. as appli(xble. matters related to going con￿rn and using the goirig concem basis of
accounting unless the trustees either intend to liquidate the charity or to ￿ase operalioris. Dr have no realistic
altemative but to do so.

Auditorfs responsibilities for the audit of the financial statements
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material misstalernenl, whether due to frdud or err(Y. and to issue an audilor's report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always detect a material misstatement when il exists. Misstatements can arise from fraud or
error and are considered material if. individually or in the aggregate. they could reasonably be expected to
influence the economic decisions of users taken on the b8sis of these fi'nancial slalements. Irregularities. including
fraud, are instances of nonlompliance with laws and regulations. We design procedures in line with our
responsibilities, outlined above. to detect material misstalemenls in respect of irregularities. including fraud_ The
extent to which our procedures are capable of detecth.ng irrewlarities. including fraud is detailed below.. Identifying
and testing journal entries and the overall accountins records. particularfy those that were significant and unusual.
Reviewing Ihe financial statement disclosures and determining whether accounting p)licies have been
appropriately applied. Assessing the extent of compliance. (x lack of. with relevant laws and regulab'ons. Testing
key revenue lines, lor evidence of management bias. Verification of key assets. Obtaining Ihird-party confimialion
of malerlal balances. Documentlng an¢J verifying all significart relate¢ party tjalances and transactions, Revlewlng
doeumenlation such as the eompany board minutes. ￿)rresPOndenCe with solieitors, for discussions of Ir￿guI￿rItieS
including fraud_ As part of an audit in accordance with ISAS {UKI. we exercise professional judgment and maintain
professional sceplicism throughout the audit We als0= . Idenbfy and assess the risks of material misstalemenl of
the finaNci81 statements. whether due to fraud or errJr, design 2nd perform audit procedures responsive to those
risks, and obtain audit evidence that is suffioent and appropnate to piovide a basis foi our opinion. The risk of not
delecling a material misslalement resulting from fraud is higher thar) for one resulling from error. as fraud rnay
involve collusion. forgery. intentional omisslc￿s. misrapresentations. or the override of internal control. Obtain an
understanding of inlemal control relevant lo the audit in order lo design audit procedures that are appropriate in Ihe
Circumstances. but not for the purpose of expressing an opinion on the efiecliveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonaileness of accounting estimates and
related disclosures made by the trustees.
Conclude on the appropriateness of the trustees. use of the going
concern basis of accounting and. based on the audit evidence obtained, whether a material uncertainty exists
related to events or Gondi11011s that may cast signtfiGant doubt an the Gharilrfs ability to continue as a going COnGern.
If we conclude that a material uncertainty exists, we are required lo draw attention In our auditor's report to the
related disclosures in the financial statements or, if such disclosures are inadequate, to modify OLJr opinion. Our
conclusions are based on audit evidence obtained up lo the dale of our auditor's ￿pOrt. However, future events
or conditions may cause the charity to cease lo continue as a going COn￿rn.
Evaluate the overall presentation,
structure and content of the fillan￿al statements. including the disclosures. and whether the financial statements
represent the underlying transactions and events in a manner that achieves fair presentation. We communicate
with those charged with govemance regarding. among other matters. the planned scope and timing of the audit and
significant audit findings. induding any signfficant deficiencies in intemal control that we idelllify durin9 our audit.
Use ofour report

This report is made solely to the charitys members, as a body. in accordance with Chapter 3 of Part 16 of the
Companies Acl 2006. Our audit work has been undertaken so that we might state to the charity's members those
matters we are required lo state lo them in an aucilor's report and for no other purpose. To the fullest extent
permitted by law, we do nol a¢￿p1 or assume responsibilrty lo anyone other than the charrty and the charity's
members as a body, for our audit wrxk. for this rewrt. or for the opinions we have fom)ed.
C.H. Goldstein FCA
{Senior Statutory Auditor)
For and on behalf of
Brindley Goldslein Limited
Chartered accountants & statutory auditor
103 High street
Waltham Cross
EN8 7AN
20 May 2026

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Staternent of Financial Activities
{Includlng Income and expenditure account)
Year ended 31 August 2025
2025
2024
Unreslricted
funds Total funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
4.567,640
2.450
4,567.640
2.450
4,443,313
16,366
Total income
4.570.090
4.570.090
4.459,679
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies
Expenditure on charitable activities
29,758
4,608.006
29,758
4.608,006
12.594
4.524,785
Total expenditure
4,637.764
4,637,764
4.537,379
Net gxpenditure and net rnovement in funds
(67,fj741
167,674)
{ 77,700)
Reconciliation of funds
Total funds brought forward as previously reported
Prior year adjustment
(19,5221
203.920
I19,5￿)
203.920
58,178
Total funds brought forward as restated
184.398
184,398
58,178
Total funds carried forward
116.724
116,724
119.522)
The statement of financial activikn.es includes all gains arKI Ir)sses recognised in the year.
All income and expenditure derive from continuing ar.ivities.

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Staternent of Financial Position
31 August 2025
2025
2024
Note
Flxed assets
Intangible assets
TangiLsle fixed assets
15
1,020
141,661
14.715
112,325
16
142,681
127,040
Current a55ets
Debtors
Cash at bank and in hand
17
621,065
31,917
441,988
16,558
652,982
677,089
458,546
592,459
Creditor5- amount5 falling due wilhin one year
18
Net current liabilities
24,107
133,913
Total assets less Current liabilitie5
118,574
1,850
{ 6.873)
12,649
Creditor5= amount5 falling due after more Ihan one year
19
Net assets
116,724
(19,522)
Funds oflhe charity
Unrestricted funds
116,724
119.522)
Total charity funds
22
116,724
119.522)
These financial stalemeTTts were approved by the board of trustees and authorised for issue on 20 May 2026 and
are signed on behalf of the board by".
A Schechter
Trustee

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Staternent of Cash Flows
Year ended 31 August 2025
2025
2024
Cash flows from operatlng actlvllies
Nel expenditure
Adjuslmenls for..
Depreciation of tangible fixed assets
Amortisation of intangible assets
Inte￿st payable and similar charges
Accrued income
167,674}
177,7001
25,805
28,893
13,695
13,695
6,007
10,396
1187,4881 1133,2801
203,920
Other operating cash flow adjustment
Changes in.-
Trade and other debtors
Trade and other creditors
8.471
{ 15.356
226,529
{ 67,5731
Cash generated from operations
Interest paid
(12,6201
16,0071
{ 10,3961
Nel cash used in operating activities
{ 18,627)
19,4361
Cash flows from Invèstlng actlvlti•s
Purchase of tangible assels
Proceeds from sale of tangible assets
(56,3311
1.1
{ 29,6831
Nel cash used in investing activities
{55,1411
129,6831
Cash flows from financing activities
Proceeds from borrowings
Payments of finance lease l￿bilL￿"e$
92,426
13,299)
{ 10,0001
13,2991
Nel cash fromllused in) financing aclivities
89,127
{ 13,2991
Net increasel(de¢rease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
15,359
16,558
152,4181
68,976
Cash and ¢ash equlvalents at end of year
31,917
16,558

Bels Chinuch Lebonos Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 August 2025
1. General infomiation
The charity is a public benefit entity and a private company limiled by guarantee, registered in England and Wales
and a registered charity in England and Wales. The address of the registered office is 103 High Street. Waltham
Cross, EN8 7AN. England_
2. Statement of compllanc•
These financial slalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard
applicable in the UK and the Republic of Ireknd.. the Statemenl of Recommended Practice applicable to charities
preparing their accounts in accordance with Ihe Financial Reporting Standard applicaLle in the UK and Republic of
Iroland IFRS 1021 (Charities SORP {FRS 102)) and the Companies Act 2W6.
3. Accounting policies
Basis of preparation
The finar)cial slalements have been prepared on the hislorical cost basis, as modified by the revaluation of cerlain
financial assets and liabilitie5 and investment properb.es measured at fair value Ihrough Income or expenditure.
The financial statements are prepared in sterting, which Is the functional cUrre￿Y of the entity.
Going concern
There are no material uncertainties about the chanty's ability tr) continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial ststements requires management to make judgements. estimates and assumptions
that affect the amounts fftported for assets arbd liabilbties as at the balance sheet date and the amounts reported for
revenues and expenses during the year. However, the natu￿ of estimation means that actual outcomes could differ
from those estimates_
Fund accountlng
Unrestricted funds are avaiL4ble for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unreslricted funds earmarked by Ihe truslees for particular fulure project or commilmenl.
Restricted funds are subjected lo restrictions on their expenditure dec'ared by the donor or through the terms of an
appeal. and fall inlo one of two sub-classes. restricted income funds or endowrnent funds_

Incoming resources
All incoming resources are included in the ststemeit of financial activities when entitlement has passed lo the
charity.. it is probable that the economic benefits associated with the transaction will flow to the charity and Ihe
arrK)unl can be reliably measured. The following specific poI￿leS are applied to partiCLJlar categories of income..
income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable
and ils amount can be measured reliably. legacy income is recognised when receipt Is probable and entitlement is
established.
income from donated goods is measu.ed al the fair vaue of the goods unless this is impractical to
measure reliably, in which case the value is derived from tTre cost lo Ihe donor or the estimated resale value.
Donated facilities and ServI￿S are recognised in the accounts when received if the value can be reliably measured.
No amounts are included for the contributs.on of general vclunteers.
Income from contracts for the supply of
services is recognised with Ihe delivery of the contracted service. This is classified as unrestricted funds unless
th￿e is a conlraclual requiremenl lor il lo be spent on a particular purpose and returned if unsFEnl, in which case il
may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liabiliry is incurred. Expenditure includes any VAT which
cannot be fully recovered. and is da55rfied under heajings of the statement of financial activities to which il relates..
expenditure on raising funds indudes Ihe cosls of all fundraising activities, events. non-charilable trading
activities, and the sale of donated goods.
expenditure on charitaLle aetivilies includes all costs incurred by a
charity in undertaking activilies that ftjrther It5 charitable aims for the benefit of ils beneficiaries, including those
support costs and costs relating lo the governance of the charity apportioned lo charitable activities.
other
Èxpenditure includes 211 Èxpenditure that is neither related to raising funds ft)r the charity nor part of ils èxpenditLJrÈ
on charitable acb'vities.
All costs are allocated to expenditure categories refects'ng the use of Ihe resource. Direct costs attributable lo a
single activity are allocated directly to that activity. Shared costs are apportioned between the activities they
contribute lo on a reasornable. juslifiable and consislenl basis.
Intangible assets
Intangible assets are initially recorded at eost, and are subsequently stated 21 cost less any aceumulalÈd
amortisalion and impairment losses. Any intsngible assets carrieé al revalued amounts. are recorded at the lair
value al the date of revaluation, as determined by reference lo an active market. less any subsequent accumulaled
arYK)rtisalion and subsequent accumulated impairment losses. Intangible assets acquired as part of a business
combination are only recognised separately from goodwll when Ihey arise from contractual or olher legal rights. are
separable, ihe expected future ecorKJmic berEfits are probable and the cost or value can be measured reliably.

Amortisation
Amortisation is calcJJlated so as to write off the cost of an asset. less its estirnated residual value, over the useful
life of that asset as follows-
Software
20¥0 straight line
If there is an indicab.oll that there has been a s￿￿[ficant change in amortisation rate, useful life or residual value of
an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangiblè a$s¢ts
Tangible assets are initially recorded al cosl, and subsequenly stat￿￿ at cost less any accumulated depreciation
and impaimienl losses. Any tangible assets carried at revalued amounts a￿ re(xJrded at the fair value al the date
of revalualion less any subsequent accumul*ed depreciation and subsequent accumulated irnpairmenl losses. An
increase in the carrying aTTbount of an asset as a resurt of a revaluation, is recogrbised in olher recognised gains and
losses, unless il reverses a charge lor impaimenl that has previously been recognised as expenditure within Ihe
statement of financial activities_ A decrease in the carrying amourl of an asset as a re5uII of revaluation, is
recognised in other recognised gains and losses, except to thich it offsets any previous revaluation gain, in which
case the loss is shown wilhin other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciatit￿ is calculated so as lo write off the cost or valuation of an asset. less its residual value, over the useful
economic life of that asset as folli)ws'.
Planl and machinery
Motor vehicles
250A reducing balance
25% reducing balance
1 SOA reducin9 balan
Fixtures. fittings and equipment-

Impairnient of fixed assets
A review for indiEalors of impaiment is carried out al each reporting date, with the recoverable amDurit being
ests"maled where such indicators exist. Where the (zrying value exceeds the recoverable amount, the asset is
impaired accordingly. Prior impairments are also reviewed for possible reversal al each retK)rting date. For the
purposes of impaimenl lesling. when it is not possible to esth'mate the recoverable amount of an individual asset,
an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The
cash-generaling unil is the smallest Identifiable group of assets that ircludes the asset arbd generates cash inflows
thal largely independent of Ihe cash inflows from other assets or groups of assets. For impairment lesling of
goodwill, the goodwill acquired in a business combination is. from the acquisition date, allocated to each of the
ca5h-generating units that are expected lo benefft frJm the synergies of the cornbinat￿￿, ifTe5peclive of whether
other assets or liabililies of the charity are assigned to those units.
Finance leases and hire purchase contrads
Assets held under finance leases hire purchase contracts are recwnised in the stalemerbt of financial position
as assels and liabilities at Ihe lower of the lair value ol ihe assels and the present value of the mininum lease
payments, which is delemiined at the incept￿)n of the lease lerm_ Any initial direct costs of the lease are added to
the amount recognised as an asset. Lease payments are apportioned belween the finance charges and reduction
of the outstanding lease liability using the effective interesl method. Finance charges are allocated lo each period
so as lo produce a constant rate of intèrest on the remaining balance of the liabilty-
Construction contracts
Where the outcome of construction contracts can bè reliably estimated, contract revenue and contract costs are
re(x)gnised by reference to the stage of completion of the contract activty as al the period end. Where the OLJlcome
of construction contracts cannot be estimated reliably. revenue Is recognised to the extent of contract costs
incurred that il is probable will be recoveraNe, and contract costs are recognised as an expense in Ihe period in
which they are incurred. The entity uses the percentage of complet on method to determine the amounts to be
reo)gnised in the period. The stage of complets'on is measured by reference lo the contract costs incurred up to the
end of the reporting period as a percentsge of total estimated costs lor each contract. Costs incurred lor work
performed lo date do not include costs relating to future activity. sud) as for m21Èrials or prepayments.
Deflned contrlbLJtlon plans
contributs.ons to defined contribub.on plans are reeognised as an expense in the period in whieh the related service
is provided. Prepaid contributions are recognised as an as5el to the extent that the prepayment wll lead to a
reduction in future payments or a cash refuNJ. When conlributions are not expected lo be settled wholly within 12
m￿thS of the end of the reportir)g dale in which the employees render the related service. the liability is measured
on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in
which it arises.
4. Limited by guarant99
The company is limited by guarantee and has no share capital. Every member of the company undertakes lo
contribute lo the assets of the company. in the eveit of a winding up. such an amcxjnt as may be required not
ex￿eding £1.

5. Donations and legacies
unrestn.cted
Funds
Total Funds
Unreslricled
Funds
Total Funds
2024
2025
Donations
Donations & Child Care
Grants
2.794.803
2.794,803
3.207,827
3,207,827
Granis funding receivable
Grants.. Security Grant
Grants: Slatemenled students
825
825
120.328
463.399
1.188.285
120,328
463.399
1,188.285
113,356
272.292
849,838
113.356
272,292
849,838
Grants.- Under 5
4.567.640
4,567.640
4,443,313
4,443,313
6. Charltable actIvI￿e$
Unrestricted Total Funds
Funds
2025
Unrestricted
Funds
Total Funds
2024
Rental income
Sales
750
750
11.206
5.160
11,206
5,160
1,71)0
1.700
2,450
2,450
16.366
16,366
7. Costs ol raising donations and legacies
Unrestrrted Total Funds
Funds
2025
unrestn.cted
Funds
Tolal Funds
2024
Costs of raising donations and legacies-
Donations
29,758
29,758
12,594
12,594
. Expenditure on charitable activities by lund type
Unrestricted Total Funds
Funds
2025
Unreslricled
Funds
Total Funds
2024
Activity type 1
Activity type 2
Activity type 3
Activity type 4
Activity type 5
Support costs
1.628,263
257.552
1,628.263
257.552
120.702
28.035
33.977
2.539.477
1.511.180
281.242
132.965
24.793
6,419
2,568.186
1.511.180
281,242
132,965
24.793
6,419
2,568,186
120.702
28,035
33,9TI
2.539,4TI
4.608.006
4,61)8.006
4,524.T85
4.524,785
9. Expenditure on ¢harltabl• a¢tivltl¥$ by a¢tivlty typo
Activities
undertaken
directy Support costs
Total funds
2025 Total fund 2024
Activity type 1
Activrty type 2
Activity type 3
Activity type 4
Activity type 5
1.628.263
257.552
120,702
28.035
2,527,778
4.156.041
257.552
120,702
28,035
33.977
4,067,728
281,242
132,965
24,793
6,419
33.977

Governan￿ costs
11,699
11.699
11.638
2.068.529
2,539,477
4.608.006
4,524,785

10. Analysis of support costs
Analysis of
support costs
activity 1
Total 2025
Total 2024
Staff costs
2.527.778
2.527,778
2.556,548
11. Net expenditure
Nel expenditure is slated after chargIn￿(Credib"ng)..
2025
2024
Amortisation of intangible assets
Depreciation of tangible fixed assets
13.695
25,805
13,695
28.893
12. Auditors remuneration
2025
2024
Fees p¥y8ble for the audit of the fin8n¢ial staternenls
11,700
11,640
13. Staff costs
The total staff costs and employee benefits for the repothng period are analYs￿j as follows..
2025
2024
Wages and salaries
Employer o)nlribulions to pension plans
2.527,778
6.832
2,556,548
6.852
2.534,610
2.563,400
The average head count of employees during the year was 361 (2024. 310 ). The average number of full-lime
equivalent employees dLJring the year Is analwd as -￿loW$-
2025
2024
No.
No.
310
Number of staff - type 1
361
No employee received employee benefrts of more than £60,000 during the year (2024.. Nill.
14. Trustee remuneration and expenses
None ol Ihe Iruslees lor any persons connecteij wilh them) rvived any remuneration or benefiis from Ihe charily
during the year.

15. Intangible assets
Intangible asset
user defined 1
Cost
At I September 2024 and 31 August 2025
68,475
Amortisation
At 1 September 2024
Charge for the year
53,760
13,695
At 31 August 2025
67,455
Carrying amount
At 31 August 2025
1.020
At 31 August 2024
14,715
16. Tangible fixed assets
Plant and
machnery Motor vehides
Equipment
Total
Cost
At 1 September 2024
Additions
235.094
67.387
20.220
206.005
36.111
11.4001
508,488
56,331
(1,4001
Disposa15
At 31 August 2025
235.094
87.607
240.716
563.417
Dèprèciation
At 1 September 2024
Charge for the year
Disposals
209,473
6.405
35,174
8,896
151.514
10,504
{ 2101
396,161
25,805
12101
At 31 August 2025
215.878
44.070
161.808
421,756
Carrying amount
At 31 August 2025
19.216
43.537
78.908
141,661
At 31 August 2024
25.621
32.213
54.491
112.325
17. Debtor
2025
2024
Trade debtors
4.471
433.517
4.000
Prepayments and accrued income
Other debtors
621.065
621.065
441.988
18. Credit¢rs: amounts falling due within one year
2025
2024
8ank loans and overdrafts
7,500
233.315
10.000
278,104
Trade creditors

Accruals and deferred incorne
Amounts owed lo customers on constmction contracts
Obligations under finance leases and hire purchase o)nlracts
Director loan accour)Is
11.700
5,376
3.850
102,426
312,922
11,640
3.850
Other creditors
288,865
677,08g
592.459

19. Creditors: amounts falling due after more than one year
2025
2024
Bank loans and overdrafts
7.500
5.149
Obligations under finance leases and hire purchase ￿nIraC1S
1.850
1,850
12,649
20. Finance leases and hire purchase contracts
The total future minimum lease payments under finance leases and hire purchase contracts are as follows..
2025
2024
Not later than 1 year
Later than 1 year and not later than 5 years
3.850
1,850
3,850
5.149
5.700
8.999
21. Pensions and other post retirement beneffts
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £
6,832 (2024.. £ 6,8521.
22. Analysis of charitable funds
Unrestricted funds
At 1 September
2024
Prior year
adjLJStmenls
At 31 Au9USt
2025
Income
Expenditure
General funds
119,5221
4,570.0
{4.637,764)
203.920
116,724
Al 1 September
20YJ
Prior year
adjustments
At 31 A￿￿$1
2024
Income
Expendrture
General funds
58.178
4,459.679
{4.537,379)
{19,522

23. Analysis of net a￿et$ between funds
Unrestricted Total Fund¥
Funds
2025
Tangible fixed assets
Current asse15
142,681
652,982
1677.0891
(1.8501
142.681
652,982
1677,089}
11,850}
Creditors less than 1 year
Creditors greater than 1 year
Net assets
116,724
116,724
Unre5tricled
Funds
Tola Funds
2024
Tangible fixed assets
Current assets
127,040
458,546
1592,4591
112.6491
127.040
458,546
{592,459
(12,649)
Creditors less than 1 year
Credilois grEalei than 1 yeai
Net assets
119.5221
(19,522)
24. Analysis of changes in net debt
At 31 Aug
2025
At 1 Sep 2024 Cash )lows
Cash al bank and in hand
16,558
113,8501
112.649)
15.359
(99,926)
10.799
31.917
(113,776)
11,850)
Debt due within one year
Debt due after one year
19.941)
{ 73.768)
(83,709)
25. Rèlated partles
Bels Chinuch Lebonos Limited is connected lo a charity. Brilish Fr￿ndS Of Mosdos Tchemobil. Iwo charitable
companies, Forty Limited and Kids N'Acliim,and Ic iwo Limited companies,Elyo Enterprise Ltd and Rostrevor
Estate Limited and asfollows".111 Mr R Spitzer.a trustee of Forty Limited.is the father of N Spitzer and husband of E
Spitzer , who are bDth trustees of Bels Chinuch Lebonos Limited _ 121 Mr A Schechter . the adminislralor of Bels
Chinuch Lebonos Limited isalsothe administrator of both Forty Limited and kids N'Aclion Limited.{31 Mr A
Schechter is the director of Elyo Enterprise LldandR(tstrevor Esl2teLimited. During the year, Bels Chinuch Lebonos
Limited paid Forty Ltd£806,348{2,024- £949,322) ￿nt in respect of ihe schTr)Ibuilding.Beis Chinuch Lebonos Lld
paid £12,345to Kids N'Adion Ltd for school supplies. Bels Chinuch Lebonos Limited owesElyo Enterprise
Ltd£50,000. Rostrevor Estale Limited£50.OOOarbd BrTLish Friends Of Mosdos Tchernobil £12,5001n aikjilion. Bels
Chinuch Lebonos Limited received a loan of£6,OOOfrc*n Mr Abrahamand Mrs Deborah Schechler.

This document was deliN'ered usillg electronic communications and authenticated in accordance with the
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the Compani¢s Act ?006.