REGISTERED COMPANY NUMBKR: 113391872 (Ettits*d Wal¢s
REGISTERED CHARITY NUMBER: 1963815
NANCIAL S
Ef4TS
EYEARE
l AUCUS
FO
Xeinadin Audit Limi¢¢d
Statutory Auditor
8th Floor. Becket Hws¢
36 Old Jewry
EC2R 8DD

KEREM SCH
CONTEP4TS
FTHE FINAN
IAL
ttded 31 A
TATEME
st 202S
TS
P￿t
Report of the Trusiees
Report Of the Indepe•d¢At Audltors
7 to 10
St4teJneTrt of Flnaxclal Acllvltles
B*latsee Shttt
12
C•sh FlowSt•tement
13
NoteB to the CAsh Flow St*tement
14
Notes to th¢ Ft•An¢lJl Stst¢m¢nt6
IS to 22

st20
The tru5teei who are also dirtttors ofthe charity for the prposts of ihe Cornpanies Act 2CO6, pAsetti their report with
th¢ financial statements of the charity for the ¢nd¢d 31 Augus12025. The tru*ee5 have adopted the provision¥ of
Ac¢ounlinB and Reporting by Charities.. sts*meThi of ReComm￿led Pr4cli¢e appli￿ble to ¢hariti¢5 preparing the4r
attouiit8 in accordance wilh the Financial Rryortin8 Standard applieabÉe in the UK and Republic of Irelirtd (FRS 1021
(c￿￿lIve l JOnu￿ 20191.
OBJECTIVES AND ACTIVrnES
ObJe¢tlv¢s And Alms
. Pollcki *#d objetdv
The Chuity was founded in June 1997 to take over the operation of B kifftduyrt￿ (Kerem Hou*) and a prirn&ry
school kt)own a$"K¢r¢m sch￿L8.. 8 mod¢rn orthodox J¢wish day Sch￿>1. It ¢ommen¢td its operation on I S¢p*mb¢r
1997 it a¢quir¢d the 4s5di qnd liabKlili¢s of the Trust which h&d p￿viOuSlY op¢rat¢d the Ket¢m sch￿1.
l. The prin¢1￿1 a¢iivity of the charity is providinB education at primary kv¢l.
2. The proM￿lOn and deyelopmtttt of A balAts¢ed modem orthodox ¢du￿(lOn for Jewish ¢hildren is i cornemone of the
In sdting objectives ind planning for activiti¢5, the Truskes have 8iv¢n consideraiw)n to Bert￿01 guidatL¢e
pwblithed by th¢ Charity Commi55ion relaling ¢0 public b¢nefiL
Strate8ks for A¢hl¢vlmK objectlv
Th¢ charity ensures that ils Tewurces are fo¢used towaTth th¢ r￿ruItment a￿l retention of high quality Stsff en$yrin8
thA¢ th¢ ¢thos of th¢ s¢hool is coniinu¢d &Thd ihat the children rKeiv¢ a very 8￿d educo1ioTh withirt a onhodox
barkyround.
L Aetlvlties un¢lertakeo to *¢hteve obJe¢tlve$
Th¢ Promotion md d¢veloprn¢rti of a bal￿¢¢0 orthodox ¢dU￿tion for J¢wish childrn is the key81on¢ of th¢ chority.
This is the m•in aetivity whith li urthrtthn to furtlwth¢ Charitys purpx¢s for the public berttfit.
d. *¢tlvkl¢• ulldtrt•k¢u tty further th¢ Clatlty'i puryow for the publk be*efil
The ehlrity Oporntes the I￿￿1 knowfi as Kerem sdthl mttinly forthe benefit of Ioc41 ¢hildr¢n.

ACHIEVEMENTS AND PERFORMANCE
A¢hlev¢me•ts and Ptrffjrm•Dce
•. Maln s¢hl¢vern¢Ats gf tl¢Ch*TIty
The dmrityoperaks ihe s¢FM)ol krtown as K¢rem for the benefit of many ¢hildren.
b. Key perforni•n¢e Indkito
The key perfo￿8n¢t ittdi¢ators used by the cjmrity ar¢..
At*ndance ai th¢ school.
Resultg of regulatory inspections.
- ID¢ome in the y¢ar r¢laiiv¢ tQ ¢x[￿ltyr¢.
- Adequw of it8 resetveg.
¢. Revlew t)f aetlvllles
The ch4Thty continued in Éli pursuil In the provision of an exceptional orthrknx eth￿110n, Jnd ynt £2,511.640 dirrftly
towards that end I2￿24- E2.325.4211. Of th15 amouThL £1.783.062 12024- £I,668.376) r¢l8t¢d directly to stsff. Tr
¢harity made a small accounting deficii and was st511 able to h&v¢ nei reseNes of £912J71 {2024- £1,016.221). The
chwity 15 making plan5 to ensure that this Position 18 reversd in subyequent years.
F*thn relev#tttto *ehltve •bJtttlv
The rnain fa¢torJ relevant to the Charity's ability to achieve its objectives are as follows..
- The ad¢qu8cy of its fin￿¢141 rtsetves.
- The ability ofth¢ Khool lo rKwit and relain ¢omW¢nt and ¢xp¢ri¢nc¢d Staff m¢mber8.
-The ability of the sch￿1 to ¢ontinue to rtteive ex¢epiional feedb￿k from its re8ulator.
e. FundrAliln8 actlvltles And gen¢r•tlon
The rnain income generation of the sdLooI is via fees.
r. l¥JvestmeAt poll¢y perfornan¢e
Any surplus fvnds al any lime are held in an int¢r¢3t b¢8Tin8 deposit in onl¢r IQ 8¢n¢T•t¢ funds to help fund
¢han'thbl¢ artivitieB And ony fvlurt projects.
FINANCIAL REVIEW
l*veitment Ind •bJtt¢lves
UTrJ¢r its M¢moiandum of ASS￿l4t10￿ the charity has lh¢ ￿￿wer to invesl in any way th¢ tn￿te¢S wish.
The ffsmi¢s policy of the s¢hool 1$ driven by ihe need to ensure the ability to coniinue providing a modern Jewi8h
education lo thc pupils. Report5 followin8 recent re8ulatory in8peclions have been excellent. The trustees continue to be
fortifi¢d in the knowled8¢ thil Kerem Sdloob offer high quality ¢￿￿tion in 8 Btimulating modem environm¢ni.
The trwt¢¢s have established the level ofTeserv¢s (th￿ i8 th08e ¢I￿t are freely available) that the chariry ought ¢0
have. ReseNes are needed to bridge the fvnding gaps between spending on a¢¢ivities #nd ￿e[￿ll￿ resourtes through
donations and parental contributions. The twstees ¢on$id¢r the ide41 level of res￿¢5 at 31 Au8USt 2025 would be three
months ofresources whi¢h would be Approximaiely £650,IXKI.
The free reserves {tothl reserves less regtriekd funds r￿ed ￿$t￿)#S at 31 A￿8￿ 2025 were £815,406.
FUTURE PLANS
The charity plans to Tun th¢ Khool at its ¢urr¢nt pupil levels. ¢oniinuin8 to enswe the Current hi8h sthtKlards at the
school. We delighted to arttthnee the launch of Little Grapts Nursery for Children from 9 tnonth5+ from Autumn
2026. Offers ￿ve already been oyt ￿ our first ¢ohort, and w¢ look fonv•rd to w¢icomin8 them in Aulumn 2026.
A plan was made lo a matched funding campaign . Ihis w8s in 2026, the ¢hority ran a suctts$fvl tnai¢hed
ding campaign raising over £375.IKIO. Fund5 will be used to bolster the charitys reserves thd to grow ihe ¥ch¢w)I by
inves¢in8 in rnaTketin8. the Littl¢ Gra￿5 nutsery and th¢ provisiott of buNri¢s to Inc￿￿¢ our hethount.
Page 2

STRUCTURQ COVERNANCE AND MANAGIMENT
Gov¢rnln8 ￿￿￿￿ellt
The charity is A ¢ompony limited byguarlntee without share ¢apithl I￿0￿￿Tated tyj 25 Jtsne 1997 •nd re8iSt¢r¢d as
a Charity ort 6 Au8USt IW.
The ¢omp8ny established under a MemornDdum of Asso¢iation whi¢h ¢stablished the objec¢s and powers of the
chari¢8bl¢ ¢ompny and is 8overn¢d under lis Articles of Associaiion.
Rttrnltm¢ut 8ppolDtm¢Dt of trusttts
The mhnag¢meni of the ch￿lty is the respM$ibility of the Trnstees who are ¢I¢¢t￿ and w-opled under the t¢rnw of¢he
Trust deed. All new trustees are subject to a r¢cryitm¢nt induction PToces5 attd en Sek¢￿ with a view to ensurin
that the board has an appropriatc bakn¢c Of experience relevant lo Kerem Se1￿15 StTale8ic and operational
re4Utrements.
Trusiees may b¢ appoin*d by the ¢xis¢in8 at any iirne. elther ¢0 fill * ￿$ll•l w8￿ney or ms art &4dition to the
exirtittg trn￿ees. Any trn￿te$ w appointed will hold otTi¢¢ only until th¢ next Annual fjen¢T41 Meeling and will then
be eli8ible for r¢-elKtirffi. No tNstee any bet)eficial interesi in any ¢onir8Ci With th¢ ¢h8rit8blc eThtity durin8 the
The school was nm durin8 the year by an excellent learn of kachers led by Naorni Sim¢ML The Cjovemorn d¢t¢rn)ine the
8eDerol policy of the S¢hty)l. The d*y to day Nttnirtg of the School is delegaied to the He*l, wported by ¥¢nior $laff.
Th¢ Chgrity ond its xlwol ar¢ odminimred by it$ board of llwttts and vaNOUS sub•eommittees includttt8 the board of
8ov¢mors. The mfftjor risks to whi¢h the ¢knrity 1$ exP￿d hwve btett reviewed by fh¢ tru$t¢¢J and $y8l¢ms are in pla
to minirnise tksc ri8k8.
IndurtlDn and ttilnlng of truste
All new trustees are subj¢ci to a r¢cNiim¢n¢ and ￿￿u¢ll0￿ proces$ and are geleeted with a View ty en•]rin8 that the
board has an approprÉiie bilarEce of experierKe Televant to Kerern Sthools str8tr8ic and operational r¢quir¢ments.
Pa8e 3

STRUCTUR& GOVERNANCE AND MANAGEMENT
Rlik mana8ement
Prl*¢lp81 rliki **d thtsctrt*lntlu
The TTus¢¢es reBularfy u[￿¢rtakt a review of ihe major risks to which the Chaiity is exposrf $￿emS degigned
rniti8ate those ri¥k$ Me consider¢d on an tyL80in8 basis.
The Trustees reCo￿ls¢ the Absolute t￿*S$lty of ensuriti8 the proiectiort athd saf¢ty of all Ihose li￿¢ ihe Cknrity serve&
This me￿$ that th¢ trwt¢¢s, employees of th¢ s¢hool and all thos¢ who work or vofvnt¢¢r for th¢ 5th001 and work with
children must oblftin ¢kAra￿t from ihe Disclosurn and Barring Seryiee. The school his developed J s&ft8uArdin&
licy and one of th¢ twstee8 is T¢5prfflsible for eDsurin8 this poli¢y is 8dh¢r•J to. safe8￿rdIn9 training 1$ Compulsory
for ill sthff.
The key Id¢ntlll¢d by m*nAg¢Jn¢•l gre Ag rdkns:
- R¢puthtion.Th¢ s¢hool'$ su¢¢ess is buil¢ on lis r¢puiation for the edu￿¢10￿ and w¢ll b¢in8 of pupils. Risk is mat
throu8h various policie5 includin8 s&fe8uardin8* StatTrecruitment And health and sAfety. mttta8emeTht of the school
e ¢ontinu81ty inv¢sli88tin8 •ddiiion?I ways to (￿h 4t)d implem¢nlinB them 45 sorn as they are available.
- Pupil numbers. Tr trustees re¢o8nise ihthl pupil numbers a key driver of the Sch￿]* fin•n¢ial susminibility and
OV¢T411 perfornwK¢. A $￿tained f411 in enrolment coyld adversely 8ff¢¢i the school's inwm¢. makir8 this a signif￿4￿¢
area of strategic iisk. To miti88¢e th¢ risk th¢ 6chool Mon1￿1$ ¢twolrn¢nt ¢rends closely and mfiintsin$ a stron8 foc
on pupil ttcrnitmeTrt and retention. Marketing initlllives are regularly reviewed and ￿rined.
FundinB-The ability for the s¢hool to ¢ontimie is rdiant on pupil fee$ and the ability of the school to poy bills 8$ tIKy
fall due. The risk is managed by controls put in place by the mana8emertt and tntsteei #nd a modern orthodox ethos in
the school.
F1m*v1￿ rlsk mAA4¢m¢nt obJ¢cthu and polltlos
The tN$tees •r¢ r¢sponsible for the management of risks r￿ed by the school. The governors routinely ¢onsider any
perceived ri5k5 faced by the school 4Thd are a555Sted in this by the htad atMI other key membEf5 of thc schoo]5 5enioT
ma￿gement ¢¢am. Key ¢￿tro￿ used lo identify and ¢ontrol fiNn¢ial risks during th¢year include:
- Fonnal agenda iterns forBovernors eommiltee meetiThB$.
Estsblished or8anisational stnKiur¢ and llnes of rep)riin8.
M8iMaining appropriaie insurnnce.
- R¢8ular review of budgets a8ainst acthal perfornwDCe.
- Comprehensive strniegie pl•nnin& budgeting and mmgemeni ac¢ounlin&
Prlndp*l fuRdlng
The principal sowce of fvndin8 is fees forihe school y￿.
REFERENCE AND ADMINISTRATIVE DETA113
Re￿5$¢re0 CompAlly llumber
03391872 {EttBland And WAles)
ReRlstered Ch•rlty Aumber
lQ63815
R¢Blitrred office
Kerem S¢h¢Jol
Norriv L¢a
Lortth)n
N2 ORE
Truit¢¢s
Mr5 S AbrAham8
Mr A D Miller
Mrj D Taylor
Compgny Séeretary
Mr A D Miller

REFERENCE AND ADMINISTRATIVE DETAILS
lor ststhtsry Audltot
Mr Yedidya 7athJ. FCCA
Alldltori
Xeinadin A￿JIt Limi*d
Swuiory Auditor
8th FI￿r, Bxket Hou8e
36 Old Jewry
London
EC2R 8DD
PUBLIC BENEFIT REPORT
Th¢ m¥t#s h4V¢ rtferred tts the 8uidance cOntait)￿ in Ihe Charity CDmmi55ion'5 general 8uidanrx on pybli¢ Ixnefii
artd Advancement of Religion for the F￿blIC Benefit, in parti￿12r. Wh￿ reviewing the atm and objectives and in
planning th¢ charitys a¢tivitiC5. In psrticular. the twstees ￿MIder how plinned adivities will contribul¢ lo the
ims and obje¢tÈveyset. The charity will Contin￿ ￿ do this in fvhjreyurt
STATEMENT OF TRUSTEES, RESPONSIBILITIF
The ttustees (who are also the dirtttois of Kerern Schools for the of ￿MPatty law) Yesponsible for
PTwing the Repm of the Trnstees and the fi￿nCIal statements in accordanee with applicable law and Unitsj
Kingdom Accounting Stsnthrds {UniRd Kingdom Crtrterajly Atw*d Accountin8 Prnci1￿).
Company l*w requires th¢ tn¥tee8 to pr¢paff finan¢i81 sthtenwnts for exh financial year. Under that law, lh¢ truslces
have ejected to prepai¢ the fMwi¢ial statements in aecordanv with Uniied Kin8dom Gen￿llY AcrKptrd Accountin8
Practi¢¢ (Unil¢d Kingdthn Accountin8 Stsndarth and applicable law).
Und¢r compony law the irnsttes mu$t not approve the finaThci81 $iat¢m¢nts unless iky are satisfied that thry 8ive 8 Iriie
Ind fair view of the slate of alTaiTs of the ¢h4ritsble company and of the incomin8 r¢sour¢es and appli￿tiOn of
resourcts. includin8 th¢ itKom¢ Ind expetsJi￿re, of the charitable company for thal period. In prep•ring those fjnancial
8tht¢m¢n￿ ihe thtstees aTe required to
select suitable ac¢ountin8 ￿lICieS and Ih¢n appty them ¢onsistettt]y:
observe th¢ rnethods and prin¢iples in the ChArities SORP;
make jud8¢m¢nis ind estimates that are reasonable atjd wud¢Dt;
prepa￿ the financial statemenls on the 8oin8 ¢onc¢m basis unks5 it is inappToprial¢ to pr¢swn¢ that ¢h Chariiable
company will conlinue in business.
The In¥t¢es ar¢ respoThsibl¢ for keepi￿ proper accountins T￿OrdS which di￿108¢ with re￿nable at¢uracy at any tim¢
Ihe financi¥l position of ihe charitable cornpany and to enable them to ettsure that the finincial stal¢m¢nt$ comply with
the Compan￿5 Act 2006. They or¢ Also responsible for safeguardin8 the assets of the ¢h4rithbk ¢1)n4￿MY hence for
king rnso¢>able sr¢ps foTthe prevention and detection of fraud and other tn8ularities.
In so fAT as the thths aware..
there 18 no r¢kvAnt audit infomwtion of whith the ch￿l￿ble compatty￿ auditors ￿e uhawar. and
the trus*es have taken all steps thAt they ought to have thken to ffl￿¢ themselves aware of any relevant ludii
ittforniaiion and to establith thal the ayditors are aware of thAt Inforn￿lI0n.
AUDITORS
The auditor¥. X¢iDadin Audit Limited. will be proposed for Te-a￿InIrne￿l at the forthcoming Annual G¢n¢rnl
Page 5

KEREM SC
This report has IxeD prepared in accordance with the special provhsioos of Part 15 orth¢ Corn￿￿1¢5 Aci 2006 relatin8
to sm811 cornplnies.
ApprovoA by onkr of ihe of¢Nstees ort.... ....
- and signed on its behalf by..
Mr A D Mtller- Trustee
Page 6

Oplnlon
We have audited the flnancial ￿ateMentS of Kerem S¢hools (the 'ch3rilabte companl) for th¢ y¢4r ended
31 Au8USt 2025 which ￿mprIse the Stttement of Finan¢iAI Activiiies, the Bthnce Sl*¢i, the Cash Flow Statement and
note5 lo the financial staternents. includU￿ a summary of SL8nificant a¢¢ountkn8 poli¢i¢5. The fllJan¢ial Teponing
framework that ha5 been applied in their preparation is applicable law and UDited Kingdom A¢¢oun¢ing Standards
(United Kingdom G¢n¢r4lly A¢c¢pted A¢¢o￿ting Pra￿1¢¢).
In our opinion th¢ financial 6**m¢nis:
give a thje artd fair view of the stllte of the tharitable comp￿y￿ affatrs a5 at 31 August 2025 and of its i￿¢)ming
resources and application of resou￿¢$. I￿1¥din8 its inwne and exp¢ndiiure, for the yur then ended.
v¢ b¢en properly prepared tn ￿cordanCe with United Kingdom Genernlly Accepted Accouftti￿ Pr￿1¢¢,. aTMI
have been prepared in iecordanrx with th¢ r¢quir¢m¢nts of th¢ Cornpfiies A¢1 21KI6.
B*$h for opknloA
W¢ cOt￿u¢l¢d our audit in xcordan¢¢ with IntemaiioMI Standards ¢M Audiiing (UK) (ISAS (UK)) and 8pplicnble law.
Our responsibililies under those standards are ￿rther described in ihe Auditorg responsibilities for the audi¢ of th¢
ruwKsal stBtwnents section of our report We are In&F￿&￿t of the c￿r1¢8b1e Mmpany in J¢¢ordan¢¢ wilh lh¢
ethical EeqyiremeDts that are rel¢v•nt to our audit of ihe fin&ncial stsiements in ihe UK, in¢ludin8 the FRC'S Ethi￿1
Siftnd&rd, and we h&ve fvlfilled our other ethical re5ponsibililie5 in attordane¢ with the¥e reqviremenls. W¢ b¢li¢v¢
t￿1 the audit evid¢nee we have obtatn¢d 18 wffKi¢nt appropriRt¢ to provide a basis for our opinion.
Con¢lusloM rel*tl*R to golrytottcern
In 4￿j111￿& th¢ finan¢i¥l slatements, we hav¢ concluded the truste¢s' us¢ of the 80in8 concern ba6is of acco￿tIng in
the prep#Alion of the tlnarteial sthtemettts is appropriate.
B￿¢d on the work we ￿ve wfomied. wt have not identifled any miterial uneertainties relatin8 to ev¢nts or¢onditions
that. individually or collecliv¢ly, nuy ¢•st $i8nifiunt doubi on th¢ ¢hari¢able Company's abiliry ￿ ¢oniinu¢ as • Boin8
con¢¢rn for o p¢ricd of 41 leasi Nv¢lve months from when the finth¢ial statemenis ar¢ iuthortsed lor issue.
OUT responsibilities gnd the responsibilities of the ttl￿e¢S with Ye4)ect 10 80ing ¢on¢ern ￿¢ des¢ribed in the relevani
St￿10￿$ of this report.
Other knfonn•tloN
The truskes are responsible for the other infornjation. The other iofornutton ¢ompris¢s th¢ inf¢)rniation in¢luded in the
Amual R¢poTL other than the financial s¢atemenl$ and ow Report o(the Indep¢nd¢ni Auditors th¢reon.
Our opinion on the financial statements does not cover the other infomkaiion artd. except to the extent otherwise
¢xpli¢itly stated In our fEP)rt. we do not express thny fornj of assurance conclu5Lon thereon.
In ¢onne¢¢ion wilh our audii of the finan¢ie] thtements, our respon8ibility 1$ to read the other infomietiM and. in doin8
so, consider whether Ihe other information is materially in¢on$iJt¢nt with th¢ fina￿1￿1 st¥tem¢nts or our knowledge
obthined in the audi¢ or otherwise app￿1$ to be materially rnissthted. Ifwe identify w¢h material incon5iStencie5 or
apparnit material mis6tstements. we are reqvir&l to det¢rniine whether thi$ 8ive$ ri¥e Io 8 mat¢rial misstatement it) ihe
rinarKial 5tat¢m¢nts th¢mselves. If. based on the WO￿ we have p¢rfom)ed, we ¢onclude that there is a material
missiatement of this other infonnatioii. we 8re required to report that fact. We have Tthhin8 to report tn this re8￿.
OplAIou o# t)ther mattem prnerlbed by the Comp*Ales 20•6
It) OUT opinion, b8sed on the work undertaken in theeourse of ihe hudil:
the inf0m￿tIon 8iven in the Rep)rt of the Trustee5 for th¢ fuwicial year for whi¢h ¢h¢ fiuancial statsments are
prepared is consi$lent with ihe fitwn¢ial sta¢em¢nts: and
the Rewi of the Trustees has beEn pr￿ared in accoTdan¢¢ with •pplicable le881 rawiremenl8.
P88¢ 7

REM
Mètters •n whkh we •r¢ reqylred to r¢p•rt by ¢x¢¢ptk)n
In Ihe lighi of the knowledg¢ thd undeTsiallding offhe charithbk company gtmt its environm¢ni obtaitted in the c￿r5e
of th¢ audit. w¢ have not identifi¢d ma¢¢rial misstat¢muLts in the Report of the Tnwt¢eB.
We have nothing to report in ￿pect of the following matters where the Compmnieg A¢t 2trf)6 Yequires us to ￿port to
you if. In OUT opinion:
Jequat¢ attouniith8 records hve be¢n kot or rEthrns ad¢4uDte for our hudii have not bttrt rec¢ived from
branchcs not Vi5ittd by us: or
the Fina￿la1 statements 8r¢ not in a8Teemenl with th¢ a¢¢ountin8 records Aftd rewms. or
certain dI￿10sUR$ of trusitts, remuneraliott specified by law are noi m&le' or
we have not recetved all th¢ infornwtion and ¢xplanatiOTkS we r¢quire for our audit: OT
the trtsstces were rtot enitded to thke advantage of the smll companies exemption fTom the rtquiremeni to preptre a
Strate8ic ￿e￿*rt or in Preparing the Report of the Truslees.
Rtspon￿bl￿tle5 o(trustte¥
As cxplained more fully itl the Statem￿t of Trustees. Responsibilities, the trus*es (who are also the directors of the
tharitable compAny for the p￿￿oseS of company lawl are re4)onsibl¢ for the prepAtation of the fmanckal stttements And
for beittg $#tisfied ihat ihcy give a trne and fair view. and for such irkternal control as the trustees deierniine is nece558ry
¢nabl¢ theprepBr8lion of financ4al #*meAts that aye free from rn?t¢rial misgtst¢men¢, wh¢th¢rdu¢ ￿ fnud or ¢ffor.
In prepaTin8 Ihc financial ¥latem¢nts. the In￿l¢t$ are responsible for assessin8 the charitable compaThy'8 ability to
continue as a going conc￿. disclosin& as appli¢able. m&tters related to going ¢on¢¢rn and using the going con¢¢rn
bAsi$ of accountin8 un1¢s5 the I￿Stee$ ¢iiher inlend to Itquid?¢¢ the ¢hgTitsbl¢ ¢ornp8ny or to vas¢ operations. or have
no reelisiic oltrrnAiive butio do so.
Page 8

OR
ANDEPEND
IT
RST
Our TeJpoMlblUtle8 (or tkn Audlt of the flA*rttl•l ytitemeAts
Our obje¢lives are to obtsin reasonable ￿Surance about whether th¢ fimncial statements ￿ a wI￿le are free frtsrn
mat¢ri&l mi￿ateMen( wh¢th¢r du¢ to fraud or error, to issue a Re￿ of ihe Indep¢t)deni Auditors thit anclud¢5
our opittion. R¢a50nable assurAftce is a high l¢vel of assuranc¢, but is not 8 guarantee that an audit cthJdu¢fed in
accorthnc¢ with ISAS (UK) wtll always del￿t & matertal misstatement when it exisis. Mi5Sthtements can arise from
fraud or error and art Consider￿ rnat¢ri&l if. It￿1VIdUal￿ or in the •88re8at< they Could reasonably be expected t
intluenee the e¢onomt¢ decisions of users taken on the bftsi$ of theae financial slatements.
The exient to which ts￿r pro¢￿ur¢S are ¢•p4ble of0￿CetIng jrre8ularitie4 induding fraud 18 detailed below:
Our approath to ldthtir￿nB and assessiog the ri¥k8 of material misstAtem¢ni in respect of irrc8ularilie6. includiD8 fraud
nd non-compliance with law5 and re8ulatii)ns was as follows..
- th¢ engagement pArtner ¢nsured that Ihe enga8em¢nt team collethively had the appropri1* ¢ompel¢n¢¢. capllbiliiiel
and skills to idethttfy orrecognise noDa¢omplian¢e with appliuble laws and regulations;
we ideniifled th¢ laws and regulations applicable w the ¢h8rity throu8h dis¢ussions wilh In￿ and oth¢r
mana8¢m¢rtt. and from our ¢ommer¢ial knowledge and exp¢rien¢e of the eharÉty sector.
- We focused on swific law5 and regu￿10n$ whith we ￿nsIdered may have & dir¢cl mlterial effea on the a￿Ounts or
the a¢tiviiies of th¢ charity. Th¢6¢ i￿l￿ded but were not limitsd to the Chariti¢s Act 2011.. A¢¢ountin8 4nd Reportin8
by ChArities.' Statement of Recommend￿ Practice applicabl¢ ¢0 chorities preparin8 th¢ir ￿COUnts in accordan¢¢ wilh
the Financial Reporting Stsndard applEcable ￿ the United Kin8dom R¢publi¢ of IrEIBnd (FRS 102) {¢ffe¢tive I
Jinuary 2019). EmployTrenl Law. Data Protection L¢gtsl&tion.' The Code of FundAisin8 Prn¢tice" and Saftguardin8
ReBulations as Ih¢y affK¢ lh¢ dirxt ¢harit&ble a¢tiviti¢$ of th¢ ¢harity.'
- we assessed th¢ ¢xtent of complilnrx with ihE laws and regulations ideniified above through makin8 eTr4uirie5 of
niaiiigernen¢ and iw?¢ting legal CofT¢SP(th¢e where n¢¢¢ssAry.
We gsses8ed the suseeptibiliry of the clwiiys finan¢ial s¢atem¢nts th mar¢rial misstthtem¢DL iNeludtn8 obtaittin8 an
ufi4kntat￿1rtB of how fraud mi8ht o¢¢ur, by..
. rnaking enquiries of mana8¢m¢nt as to wh￿¢ they considewed th¢re was 3us¢¢ptibility lo fr8u¢ their kt￿led￿e of
actual. 5UWted &nd all¢8ed fraud; and
- ¢onsid¢rinB the int¢m&l controls in plac¢ to mitigate risks of frnud and tyJD-wmplianL% With laws and regulations.
To athlres$ the risk of fvaud iltrough management bi&s override of we..
. perfornwl ana1￿1ClI procedures to identify any unusual orUnex￿ted transo¢ttons'
- tested the appropii8tenes3 of journal entries:
. tested authorisition orex￿1￿￿t.
- assess¢d whether judgements and assLm?p¢ions mad¢ in deterniining the ¥¢ountill8 ￿tIm￿leS were indi¢&tiv¢ of
tentiol bias. and
- iiivesti8ated the rationale behind significant or￿￿￿ual transactions.
To tddress the risk that revenue could be misstated due to fraud we..
- we o￿aIned an utthrstsndin8 of th¢ compiny's T¢vthue r¢￿S￿Illon policies and ¢ompartd these lo the aecoun¢in
sland￿d..
. perforn%d a walkthrou8h to confimh oyrundetstst￿lng of the pro¢esse5 and ¢C￿trOl5 through which the busuw
initiates, records, prLVSS¢S 8t￿ report$ ffvenu¢ trgn$actions'
- test¢d 4 sample of revenue transadions to supportin8 evideiKe.
In response io the risk of irregul￿111¢3 non-¢ompliance with laws aTMI regulatio￿ we desi8h¢d pl(￿ed￿re5 whi¢h
included. bu¢ were not limited 10..
- a8r¢¢ing fil￿n¢la] ststement diselosyr¢s ¢0 underlyin8 SUPPXting 4ocum¢nlation:
- readins the minute5 of meetin8$ of those charged with 8ovemanc¢.'
- enquiring of manoBenMt ?$ to 8CbMI and ￿tentIal litigati¢)n aryl ¢laims.
Th¢T¢ Are irthereni limitalion5 in our audit pJr*edures d￿cribed above. The morn removed thai laws and re8uf&iion5 are
from finirtcial transactions, Ihe k&8 likely it is that we would knme awlre ofTwn-compliince. Auditing standards 8lso
limit the audit procedures r¢quired to ideniify n¢Jn-compliDnce with liws and r¢Bul￿10n8 lo ertquiry of the tru$iees and
other mana8em¢tK and ¢h¢ inspeciton ofre8ulatory and leyl corr¢4yond¢nc¢. if any.
Ma￿1￿1 misstatemetht# that arise due to fraud c•n be harder to detect than ihose that arise from ¢rror u th¢y may
ittvolve d¢libernte ¢ot)ceilment or collusion.

INDEPENDEN
A fvtther d￿ripl1￿ of our r¢spon6ibilities for ihe iudit of the finan¢i41 sta*ments 1$ IocA*d on the Fin8n¢iil
Reptsfling Council's w¢b8i* ai www.frc.orK.uk/auditOTsre4wibiliii¢s. This description forms Pari of our Report of ihe
Auditors.
U* ofour report
This repon 1$ m*de solety io the clwitabl¢ companys membets, as a in Jccordance wilh Chapter 3 of Part 16 of
the compani￿ Act 21M>6. Our audit work been undertak¢n so Ihat we might stste lo the charitable COM￿nY,#
b¢rs tho8¢ mailers we are required to slate ￿ them in an auditors, report and for no oiher purpose. To ihe fijllest
eKl¢nt pe
'Ited by law. wedo ￿t accept or Assume re5POll5ibility to anyon¢ oiher than the charitBble company and Ihe
dMAtabl
panls rnembus as a body. for our audit work for this report. or for thc opinion3 we hov¢ fornied.
edidya zaid￿, FCCA (Senior Staiulory Auditor)
for and on b¢hAlf of Xell￿din Audit Lirnited
Sthbjtory Auditor
8th Floor, Bttk¢t House
36 Old J¢wry
London
EC2R 8DD
Ptt8e 10

2025
Total
funds
2024
Total
nds
Unrestrid¢d
fvnd
Restricted
Not¢#
COME AND ENDOWMENTS FROM
Donations and legacies
18.468
37.650
56,118
58.985
Charltabk •¢¢Svldt8
Prnvi¥ion of ed￿&tIOn
1227.427
74.170
2JOI,597
2,330.430
Inveslmenl ineome
50
50
T•tal
111820
2431562
EXPENDITURE ON
Raising fvnd8
ChArltsble attlvlik5
Provision of education
2 325421
T•t*l
126693
2511640
2325421
NET INCOMEI(EXPENDITiIRE)
Transfers ljetheen
(88.777)
59
(14,873)
{103,650)
106.141
Net moveththt li funth
{29.466)
(74,184)
{103,650)
106.141
RECONCILIATION OF FUNDS
Total fi￿aS bmughi forward
942.037
74.184
.016.221
910,080
TOTAL FUNDS CARRIED FORWARD
912571
912571 ￿2]
COIYTINUING OPERATIONS
All incthne and expenditurt has arisen from ¢ontinuing aetiviti¢s.
The notes fomi portof the¥¢ financial SWements

EM
CE SHEET
2025
Tot81
funds
2024
Toknl
Unrc51rictrd
Re￿licted
FIXED A&SETS
Tangibk a6sds
97,165
97,165
121,456
CURRKiYfASSETS
12
344.183
1750 865
344.183
1750 865
377.646
1799 118
Cash at ￿nk and in hwnd
2.095.048
2,095,048
2.176.764
CR8DfToRS
Amounts fallin8due within one y￿1
13
(966,$84)
(966.584)
(945.(VJO)
NET CURRENT ASSETS
1 128464
1231674
TOTAL ASSETS L￿8 CURRENf
LIABILITIES
1225.629
1,225.629
.353.130
CRKDITORS
Amounts hlling •ftcr more than uje year
14
(313,058)
1313,058)
(336,909)
912571
912571 ￿21
FUNDS
UnrtstricteA fvT
R¢stri¢led fvnds
15
912.571
942.037
TOTAL FUNDS
912571 ￿221
Thu¢ finan¢ial stal￿nents hav¢ beerh prcpared in accordance wilh the provisions 4)plicabk to ¢haTitabl¢ comp8ni¢s
subjert to the mll eompanie5 re8hme.
rityatt
men15 were approval by the B04rd of Tntskes and authorised for issue on
. and wer¢ $i8t)ed on i¢$ behalf by:
Mr A D Miller- Tn￿1¢¢
The notes ftsmi part ofthesc fu￿nCIdE statements
Page 12

CASH F
2025
2025
2024
Note$
Cmth t10￿ from opEr*llpE vtlvltles
Cish genetated from operatlons
Interest paid
(97.612)
916
(132.470)
971
Net cash ys¢d in op¢ratin8 8¢UViti¢s
98 528)
133 441)
Cash flows trom lThvestlNR l¢tlvltl
Purchase of tsn8ible fixed as8¢ls
INereM ￿¢¢l¥e￿
(14.188)
Nd L¥sh provided by inv¢8tin8 a¢iiviiie6
the reportlAR I￿10d
A#d t#*h t4￿1vIl*￿ts at the
belknHl￿ of the reportlng perlod
(48.253)
(105.482)
1 ?99 118
Calh and eash eq•lvak#ts #t the ehd of
the reporllDi pfflo
1750 865
1799 118
The not¢s fonn PArt of tlKs¢ financial statements
Pjge 13

RECONCILIATION OF (EXPENDITUREYINCOME TO NET CASH FLOW FROM
OPERATINC ACTIVITIES
2025
2024
Ne¢ (eXpendI￿rtY0Th￿me for the reporilmrt perl•d lai per the
St*teNent •fFln•#tlg1 Actlvltkn)
AdJustmtRts ffjr:
D¢pr¢¢iation ¢harB¢s
Interest received
lttterest paid
Decrease/{incTea8e) in debknrs
Decruse in rttdi¢oYs
(103.650)
106,141
24,291
{50.275)
916
33.463
57
26.818
(42.147)
971
(61,303)
Ne¢ ¢a•l wed In operatloAI
132 470
ANALYSIS OF CHANGES IN NET FUNDS
Al 1.9.24
Cash flow
At 31.8.25
N¢t
Cash at bonk and in hAnd
1799 118
1799 118
1750 865
Total
1799118 ￿ ￿865
The Tr)te5 forn) part of these fiThancial stat¢m¢nts
Pa8e 14

FIN
ACCOUNTING POLICIES
B*sts of prtp#rltti tht firtAnd*l 8t&tem¢Jts
The finBn¢iil stawnents of the ¢hAriiable company, which is a publi¢ btnefit entity under FRS 102, have b¢¢n
pr¢pgred in aeeorthr*e with fh¢ ChaTili¢s SORP (FRS 102}'A¢¢ouniing and Reporting by Chiritie$.. Ststsmetht
of Recomrn¢nil¢d Pra¢ti¢e appli¢abl¢ ￿ ¢hArities prtpttring iheir account5 in accordance with the Fioan¢ial
Reponing sts]￿ard applicable in ihe UK ard Rcpublic of Ir¢lAnd (FRS 1021 (¢ffKlive l January 2019).,
Financial Reportin8 Stand8rd 102 'The Fin8n¢ial Rtyortin8 Standard applicable in the UK and Republic of
Ir¢land' and the Companies 2006. The fimnciql ￿￿ter￿entS havc bccn pr¢pat¢d wthr th¢ historical ¢06t
Gokn8 Comrtr
Al the lime of approvin8 th¢ fInw￿l41 statement& the trustees hive a reasonable expectation that the ¢harity has
4d¢quate resourG¢5 to continuc in opcrational existence for the foreseeabk fvture. Thus the trysttts continue to
Adopt Ihe going concem basis of accountin8 in preparin8 the financial Btatem¢nts.
Lryal i¢atw of the Charlry
The t￿rity 18 a wivate company limited by 8uaraDt¢e in¢orporaRd in England and Wales has no share
pi¢al. In ihe eveni of the ¢harKty being Wou[￿ up. Ihe liability in r¢sp￿1 of th¢ 8uarant¢e 18 limited to £1 per
mernberof the durity.
In￿Me
Donation8 are recoBnised 8s Incon￿ when the charity h•s entiilemeni to the fvnds. the amouttt be mwured
reliably, and it 1$ probable that the income will be received. Donation$ 8iv¢n for $pe¢ifi¢ purpos¢s 4r¢ I￿41¢d as
restricted incom< while Ihose 8iv¢n for8¢ner81 use are rtto8nised a8 unffstrickd irt¢ome.
S¢hool fees irtcomt Is recognised on an attruals basis ov¢r the period ￿ which ih¢ relai¢. Ftts rtc¢ived i
advance of the acadernic perird are deferred and recognised as in¢om¢ in the ￿leY￿t fittan¢ial period.
InteTe8t in￿e from dwit a￿O￿Al$ is r¢w8ni%d on an AccNaLs bASi& Using the ¢ffe¢tivt interest rate
method. Income is inclyded in the Stskment ofFinan¢ial Aeiivitits wh*) it is probable that th¢ incorn¢ will be
received Irtd the imouot ¢•n be m¢asuted reliabty.
Expendltsre
Exp¢nditure 1$ wised once there is A legal or Conthuctive obli8ation to tsanBfer economic benef￿ to a third
pgrty, it 1$ probAbl¢ that a transfer of ttoThomic benefits will be requir&1 in settlem¢nt 8nd th¢ amount of the
obli8ation cttn be m¢a$ured reliably. Exp¢ndiwT¢ 18 classified by &¢iivity. The co￿$ of ea¢h activity are up
of th¢ total of ditt¢l ¢osts and shared costs, in¢ludittg support costs involved in undertakin8 each activity. Dire¢t
Costs aitributhble to a single activity are allrKRted diT¢cdy lo tht ￿lIVity. Shar￿1 Costs which contribute to mort
than one activity ond support costs which are not atlributsble ￿ a sin8le activity ar¢ apportioned be￿ those
activities on ll ba815 con5151ent with the use of resources. C¢ntral sthff Costs are allocated ott the b4$ig oftime
SP¢D4 and thpT¢ciation ¢har8es ailo¢a¢ed on ihe portion of the asset's use.
Expendilur¢ on charitable •ctivtli¢s is in¢wred on diKtttly Ul￿rtakIng ihe tctiyities which fyrther the Cfrarity
objectives, 8$ well 1$ any associated support CO811.
All eX￿din￿e is in¢lusive of l1T¢￿V￿abk VAT.
Ch•￿*ble *etlvltks
The cost of ¢h8ri18bl¢ adiwti¢s comprises those i]wJrrtd by the chdrity tn the delivery of its activiti&8 at
aervK*s for its benefichlries. It includes both costs Ihat ¢an be allo¢ated diTe¢tly to such ￿tIvItieS and those
costs of an indire¢t DI￿re necessiry to support them.
Covern*lltt ¢oiti
Governance cost$ comprise th08e costs as5ryi4led with rneeting the ¢onstiNiioDal and strat¢8ic reqU￿tments of
Ihe chBrity and the Audit ftts ¢osts linked to the strategi¢ managemertt of the eharity.
Page 15
continued..

ACCOUNTING POLICIES-
Tanllble Ilxed imets •thd deprectitlon
Tan8ible fixed ass¢15 ¢oslinB £500 or MOR are C￿l￿]ISed and recoBni*d when fu￿re economic benefits aT¢
probable and the ¢0st or value of the asset can be measured reliably.
Tan8Ébl¢ fix¢d assffls are inilially recogrtised 91 c05t. After reCO￿AltI0￿ under the cost model, tangible r￿ed
iasets are m¢asurcd at cost less accumulatsd deprttiation and any ac¢umulated impainnent losses. All t05ts
in¢urr¢d to brin8 a tangible fixed &sset into Its intended workiL8 eondition should b¢ t￿luded in th¢
meuurnmrtt of co￿.
DeP￿latiOn is chorged so to allocate the cost of tsngible fix¢d as8¢1s Iws their Midual Yahrt over their
estimated use￿1 liv¢& on a r¢du¢in8 batonc¢ basis.
Depr¢¢iition is provided on the followin8 bases:
Long.t¢rni lewbold properry. Over lease terni
Impmemethis to property- 2¢Wo per aTuJum on r¢du¢ing balgnce (not in firm yeor)
PI8y8round equipm¢ni- 20% per anrtum on red￿Ing balaThee (not in firxt yeir)
Motor vehicle6- 25%per on re4lu¢1￿ ba]*
T•x•tlon
The conwany 1$ ton5id¢red to PBSS the tests set out in Sch. 6, para. l of the Fimrtte Aet 2010 And therefore it
m¢¢ls ihe definition of a chariiable coM￿nY for UK COryK*ration tax purpos¢s. A￿ordinglY. lh¢ company 1$
poteniially rxempt frorn taxation in reS￿t of incom¢ or upitsl 8ains re¢¢ived wiihin ¢•tegorit5 covcrd by Pt.
I l. Ch. 3 of th¢ CowTation Tax A¢1 2010 or s. 256 of the TIxAiion of Char8eable Gains Act 1992. to th¢ exI￿t
thai such income or84ins are lpplitrt ex¢lusively to ch•rit4bl¢
Fund A¢¢oundn8
General fimds are wirestricled fimth which 8Te ov8ilable for us¢ at the discretion of the Tnjstees in fi￿her￿nce
of ihe 8eneral objecliv¢s of the Charity and which hve not been desigttttted for other purpo8e5.
Re51ricted fvnd$ are fvnds which ar¢ to be used in ic¢ord&n¢e with specifK rt5thctio￿￿ 1rnpo￿ by dwrs or
which have been raised by the Cknrity for particular purpos¢s. The costs of rAisinB and ailmin1￿Crin8 su¢h fiu
or¢ ch8rg¢d ￿aInst the Specif￿ fijnd. The aim and use of ea¢h re5trieted fimd is s¢t oyl in the notss io ihe
fim4ncial swements.
Inv¢stm¢n¢ in¢ome, 88in$ and 106ses are all¢xated to ihe apprnpriate fund.
Pe4¥lon coth other POSt-retlrement benellts
The Charitable compkny operates a defined contribution pension s¢hem¢. Contsibuiion$ payabl¢ to the
charitable comp9n￿$ pension sch¢me ar¢ Ch￿Sed io the St#tement of Financial Aetivitie5 in the period to which
they relate.
DebtD
Debtors ore recoBnised at their sett]em¢nt mKW(1¢85 any PTovision for non-re¢ov¢rability. Prwrn￿ are
valued at ihe #mount prepaid.
C*sh Rt bank h*Nd
Cash at bank dnd cash in hand includes cash and short tenn hi8hly liquid inv¢stm¢nt$ with 4 short miwrity of
hvelv¢ months or INS from ihe date of acquisitiort oropening ofthe dwit or 5kmilar account.
Credltors and provlslons
CTediton are r¢co8niYd wh¢n ¢here 1$ gn obligolion at the balan¢e shttt date as a resutf of a p￿t event. il 1$
probable ihit * transf¢t of e¢onomie benefit will be Teguired in %ttlement. and the amount of 8eitlem¢nt can be
estimted reliably.
Pa8¢16
continued..

AT
ACCOUNTING POLICILS- ¢ontlAued
Flnindal In￿r￿me•￿
The chariry onty h15 financial assets and fimncial liabilTrlies of a kittd thai qualify as basir financial instrumMts.
Basic financial instruments Jrt initially re¢wised at transaction value And wbsqu¢mtly mea￿red at th¢ir
setilement value ¢xcept for bank lo•n$ which are subxquenrly measured ai the ￿rryIng value plLk$ accrued
inleresl l¢ss re￿yMent& The finan¢in8 ¢har8¢ to ¢xpendilure is at o ¢onstah¢ rate ￿]CUlated using the effective
interest method.
Crltle*l let0￿￿tlY estlm*te8 *#d JudymeTrts
Eslirnai¢s and jud8em¢nl$ are contiTruttlly evaluated 4nd 4re based on hislori¢al ¢xpeTience and oiher fa¢tor&
itKltyJing exp¢¢lotion$ of fu￿re events that ar¢ believed lo be reAsonable under the circumstAKes. The Charity
makes estimates and &5sumptiOn8 ¢onc¢min8 the future. The re5uliinB accowAtin8 ¢Stimiw thd assumptions
will, by definition. seldom eqlwl the related acfyal Ksulik
No jud8emenrs (apart from those involving e￿i￿aleS) hav¢ been mi& in th¢ process of &pplyin8 th¢ a￿¥¢
accounting policies.
P¢nslo
The ¢harity cwates tyvo pension s¢heThes. A d¢fined benefil 5ch¢m¢ with the T￿chers, P¢n3ion S¢heme ITPS).
which is onty available to teAclLill8 Staff. The adrnini51ralion of this *heme is dealt with by the Teath¢Ts'
Pension A8ettey. In Addition there 18 a P¢r8onal Pension Seheme which i8 available to #ll other employtts.
Contribuiion$ to both s¢h¢m¢s Ch￿ed dir¢¢ily to th¢ St*tement of Financial Activitles.
DONATIONS AND LECACILS
2025
2024
INVESTMENT INCOME
2025
2024
Lkposit accounl interesi
50
INCOME FROM CHARITABLE ACTivrriES
2025
2024
Adivity
PrOvt￿On of education
Provi9ion of dwalion
2 330 430
Page 17
¢otttinued...

NOT
CHARITABLE ACTIVITIES COSTS
Support
Costs (see
not¢6)
Cost9
Toial*
Provision of edwalion
2 238 679
SUPPORT COSTS
Mana8emtht
Totals
Provi5iOD of ed￿(1£
25
NET INCOMW{EXPENDITUREI
Nrt in¢ome/(expendi¢we) 15 sthted after d￿rging/{CredItITrS).'
2025
2024
Depr¢ci&iion- own¢d a¥Kt¥
AUDITORS. REMUNERATION
202$
2024
Ftts pay8bl¢ to the Charit￿ athlitors for th¢ audit of the charitys finvKial
sthtements
There were fees payable to Raffingets Htstdings Limited. 4 coinpaiby Withan the Xeinadin Group of £3,400
(2024: £3.6001 for non•audil Services.
TRUSTEESI REMUNERATION AND BENEFITS
There were no tn￿le¢S, remuneration or otl*r benefits for th¢ year ended 31 Au8tist 2025 nor for theyear ended
31 Augu512024.
Thi•teei' expeNks
There wer¢ no tsustees, expetws paid for the yetr cnded 31 Au8u81 2025 nor fw the yrnr ¢r¥led
31 Augusi 2024.
10. STAFF COSTS
2025
2024
Wa8¢6 and salariE5
Social Security costs
Other pension wsts
.375.977
l J3&922
125,819
112248
281
66 219 206
1783 062
1668 376
Page 18
continued...

EREM
HO
LS
ES TO THE FINANCIAL STA
EMEN
- contln
ear
ftded 3
ust
25
io.
STAFF COSTS- ¢oNllnued
The #vera8¢ monthly number of ernployees during the year w•s as follows..
Teaching
Administratioo and 5uppon
2025
41
2024
41
48
48
The number of employees whose employee b¢nefits lex¢ludin8 employer pmsion costs) rxceeded £60.INX) wg5.'
£60.001- £70.000
£90,(￿1 - £1￿.000
2025
2024
TANGIBLE FIXED ASSETS
ImpTovem¢nts
lo
property
Long
I￿¢hOld
Playground
equipment
Totsls
COST
Ai I September 2024 and 31 August 2025
580.250
115465
DEPRECIATION
Ai I Septembcr 2024
Charge for year
580,250
9.817
33,276
623,343
At 31 Auguu 2025
580.250
647.634
NET BOOK VALUE
Ai 31 August 2025
Al 31 August 2024
121456
12.
DEBTORS: AMOUNTS FALLINC DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Oih¢r debioT5
Pr¢payment5 Ind accru¢d income
266,464
284.487
954
344 183
Pa8e 19
continued...

K£RE￿I SCHOOLS
NOTES TO THE FINANCIAL STA TEMENTS- contlnue
'egr e
ded
115t I
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditor5
Social s¢curiry and other Lqx¢$
VAT
Other Creditors
Accruals and deferred in¢ome
Accrued expenses
47,668
30,067
104,397
26.707
677,796
44,689
67.477
776.331
945.Ih)O
14.
CREDITORS: AMOUNTS FALLING DLIE A￿ER I¥IORE THAN ONE YEAR
2025
2024
D¢posit$
313 058
336,909
15.
MOVEMENT JN FUNDS
Nrf
Trartsf¢TS
between
funds
moTr'ement
in funds
At
31.8.25
At 1.9.24
Unre51rlcted funds
General fvnd
942,037
(88.7771
59,311
912,571
Re$tritted lu*d$
BL8 granl
Steam room
Staff 8ift5
54.139
20,000
45
110.828}
14.0001
451
143,311)
116.0001
74.184
14,8731
59,311)
TOTAL FUNDS
1.016.221
103 6501
912571
Net movement in funds, includcd in the above are as follow5.'
Incoming
resources
Resources
expertded
Mofvement
in funds
Unrestrltted funds
Gcnera] fund
2.296.171
(2,384,948)
188,777)
Restrl¢ted funds
Big grant
Steam room
S¢aff gifts
Security guards
SÈddurim
Ilebsite refresh project
Early Years Unit Equipment
{10,828}
14,0(Kll
145)
(105.868)
1503)
13.538)
1820}
110.8281
(4,000)
1451
105,868
503
3.538
820
126.6921
TOTAL FUYDS
103,6501
Page 20
continued...

KEREM SCHOOLS
YOTES TO THE FINANCIAL STATEMENTS - continued
for the
ear en
02
15.
MOVEMENT IN FIINDS- coTrtinu¢d
Comp#rathpe8 for movoment In funds
Nei
moi'emeni
in funds
At
31.8.24
Ai 1.9.23
Unrestrltted futtds
G¢neral fund
821,324
120,713
942,037
Restrk¢£d funds
Big grant
Steam room
Staff gifts
Sponsor¢d r¢adings
STP granl
Bikes
60.683
25.OlX)
16,5441
15.000)
167)
11.163)
1798)
54.139
20.000
45
1,163
798
14572)
74,184
TOTAL FUNDS
910.080
106.141
.016,221
Compardtive nei movemeni in ￿ttd$, included in the Al￿Ve are as follows..
Incoming
rcsources
Resources
expended
Moyement
in fund5
UDre$trl¢ted fund5
General fvnd
2,413,056
{2,292.343)
120,713
Re$trlcted f￿ndS
Bi8 grant
Sieam room
Stsff gifts
Sponsor¢d rcadin8S
STP grani
Bikes
Security ¥uards
SIdd￿ri￿
Actii'e wall
CCTV
4.189
110,733)
15,000}
{358}
11.1631
{7981
11.(K)o)
14,096)
1247
15.688}
16,544}
15,000}
1671
291
11,(K>o)
4,096
247
5,688
33,078
18.506 ￿ ￿14 5721
TOTAL FUNDS
2431.562
2.325.421
106.141
Unr¢strict¢d fuThds represeni funds available io the inkst¢¢s for ih¢ g¢neral p￿￿OseS olthe charity.
Restrl¢t¢d funds
During the yeay, the ¢h8riry re¢eii'ed donations and grants io be applied for $pecific putposes as listed below:
Blg gran¢- This fund i5 Used for the developmenl of u new playground.
IT equlpment- This fund is used for the pur¢has¢ of school JT equipment.
Stearn room- This fund is used for a classnwm iefurbi5hment.
Stsff 81ft$- This fund is used for staff gifts and refrcshmenls.
Page21
conti￿Utd...

KE
NOTES T
TH
or the
L STATEME.T*T
ear tnded 31
115t
Is.
MOVEMENT II¥ FLQYDS- tondtsued
School ¢qulpment- Thi5 fvnd is used for th¢ pur¢hase of school cquipmcni.
Spon$ortd readlngs - Thi5 fund is used for sponsorcd readin8S.
STP Grant- This fund is used for a school travel plan which encourages the children to walk lo school.
Bikes- This is a fund used to buy balaThce bike5 for the Early Years UTtit.
Security guards- This is a fund used io pay for extra securili. post the 7th O¢rob¢r ITagedy.
Siddvrim- This is a used to buy Jewish prayer books.
El'u - Thi5 r& a fund used for the purchase of s¢hutsl equipmcnt for the Early Years Unit.
Web$lie refresh pr•Je¢t- This is a used to update the virtual dcsign and content of the website.
Mlght). writer- This 1$ a fund used to proTr'ide a i'isual t¢a¢hing resour¢c u5cd in primary s¢hool$.
CCTV- This is a fvnd used for additional school $¢¢uriry.
16.
RELATED PARTY DISCLOSURES
There were no related pany tran￿lionS for the year und¢T review.
17.
RETIRED BENEFIT SCHEMES
The charity op¢rate$ a defined contribution pension schcme for all qualifyin8 employees. The asseis of the
schern¢ are held separaiely frorn those of th¢ ¢haTiry in an independently administered ￿nd.
The charge io profit or loss in r¢spe¢t of defined corttribution sch¢m¢s was £281,26612024.. £219.2061.
The charity has 2 pension %hemes. TeHrher5 Pension S¢h¢me ITPS) foi tea¢h¢rs and Nest for other staff.
The TPS is an unfunded schtme and coTrrribuuons are ealculatcd so as io spr¢ad ihe cost of pensions over
emploJ'c¢s' working liv¢5 Wlth ih¢ group in such a N'a). Ihai the pension cosi 1$ at a sub.sianiially lei'el percenta8¢
of curreni and fvbjre pensionable payroll. Thc conlributions are deiern)ined by the Goi'ernmenl Acluary the
basis of quadrennial i'aluations using a prospcciive unit Credii M¢th￿l. TPS 15 an unfunded mulii-cmployer
Scheme with no underlying assei io assign betwcen employers. Consequently. the TPS ts tT¢ated as a dcfined
contribution scheme for accouniirtg purpose and the coniribuiitsns recognised in the period to ￿'hICh ihey relaie.
Page 22