COMPANY REGISTRATION NUMBER: 03561612 CHARITY REGISTRAnON NUMBER: 1074439 BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Financial Statements 31 May 2024 G A HARRIS & CO LIMITED Chartered accountsnts & statutory auditor Brulimar House Jubilee Road, Middleton, Manchester England M24 2LX BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Financial Statements Year ended 31 May 2024 Page Trustees. annual report (incorporating the directors, report) Independent auditorfs report to the members Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows 10 11 Notes to the financial statements 12 BEIS RUCHEL SCHOOL LTD Company Limlted by Guarantse Trustse8' Annual Report (Incorporating the Directors. Report) Year ended 31 May 2024 The trustees, who are also the directors for the purposes of company law, present fheir report and the financial statements of the charity for the year ended 31 May 2024. Reference and admlnlstratlve detsiis Registered charlty name BEIS RUCHEL SCHOOL LTD Charity regi8tratlon number 1074439 Company regl8tratlon numb•r 03561612 Prlnclpal offlce and reglstèred Rico House offlce George Street, Prestwich. Manchester, M25 9WS The tru6tee8 Berusch Krausz Chaim Shimen Lebrecht Paul Rothschild Audltor G A HARRIS & CO LIMITED Chartered accountants & statutory auditor Bwlimar House Jubilee Road, Middleton, Manchester England M24 2LX Structiirei governance and m•nag•mont New trustees a￿ appointed as and when they are needed. They are usually appointed from those already working, as volunteers, lo assist the school. BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors. Report) (¢onllnu•d) Year ended 31 May 2024 Objectlve8 and actlvltlès The advancement of education in accordance with the doclrines and principles of Orthodox Judaism, in particular by the provision of a School. For such other charitable purposes as the trustees shall from time to time decide. During the year, the charty continued its operab'ons of running a girls school. The trustees confinn that they have referred to guidance contained in the charity commission's general guidance on public benefit and in particular to supplementary public benefit guidance when reviewing the charity's aims and objectives and in planning future activrties, and setting the grant policy for the year. Achlevemonts and perfomianc• The building is rented from another charity. The G￿8t Club Charitable Trust Ltd which has provided the building including the majority of the fiX￿reS and fftbngs needed to run a school. During the year the trust has expanded its curriculum and included an enhanced timetsble due to tt)e new facilities that the school has recentty moved into. These include a newly renovated playground, modernised classrooms and group and soon to be opened art, sewing and science lab. The trustees have once again extended themselves extensivety to be able to complete these projects and offer this extensive leaming package to the students of the school The charity receives donations during the year from which xhool expenses were paid out. The trustees would like to record their appreciation for the fmancial support received from benefactors during the course of the year. Total charitable incoffe, grants and bank interest for the year totalled £1,692,238. Expenditure on school and charitable activities totalled £1,646.789 resulting in a surplus of £45.449. The Trustees of the charity extend themselves selflessly to raise the necessary funds for the continued running of Ihe school and to ensure all provision includ4ig extra provision is provided where needed. The vast majority of pupils in the school are from disadvantaged backgrounds whose frdmilies are receiving state supporL The wider society has also benefited from the charity, whose activrties provide an education and promote ethical values to those reached and affected by the school. The school runs a program to provide extra support to those children with special needs during and after school. The trustees are satlsfied that the balance of the unrestricted fund Is an ac￿ptable level of reserves, given the nature of income and ass(Kiated expenses that the charity incurs. The trustees Intend to maintsin a minimum reseNe. being enough to cover all liabilrties as they fall due. The retained level of reserves reflects the assessed risk of the charity. BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Trustses, Annual Report (Incorporating the Directors. Report) (wrflnuedj Year ended 31 May 2024 Financial revlew The trustees consider the financial perfo￿anCe by the charity during the year to have been satlsfactory and the surplus of £87,449 reported is in lign with their expectations. The trustees have conts'nued to ensu￿ that this charity is in a stable posltion to continue providing education and support to its pupils for the future. Tru8tee8' respon81bllltle8 Statement The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees, ￿pOrt and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the chanty trustees to prepare financial ststements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources. including the income and expenditure. for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistenty; obseNe the methods and principles in the applicable Charities SORP; make judgments and accounts'ng estimates that are reasonable and prudent" prepare the financial statements on the going concern basis unles8 it is inappropriate to presume that the charity will contlnue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy 8t any tj'me the financial position of the charity and enable them to ensure that the financial stalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking ￿asOnable steps for the prevention and detection of fraud and other irregularities. Audltor Each of the pensons who is a trustee at the date of approv81 of this report confinns that: so far as they are aware. there 18 no relevant audit infom)ation of which the charity's auditor is unaware,. and they have tsken all steps that they ought to have tsken as 8 trustee to make themselves aware of any relevant audit infomwtion and to establish that the charity's auditor is aware of that information. BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Trustees. Annual Report (Incorporating the Dlrector8' Report) (¢onUnu¢dJ Year ended 31 May 2024 Small Company prov181ons This report has been prepared in accordance wilh the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report (incorporating the directors, report) was apFYoved on 29 May 2025 and signed on behalf of the board of trustees by: 88rusch Krausz Direclor BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Independent Auditorfs Report to tha Member3 of BEIS RUCHEL SCHOOL LTD Year ended 31 May 2024 Oplnion We have audited the financial staterrents of BEIS RUCHEL SCHOOL LTD (the 'charity') for the year ended 31 May 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reports'ng framework that has been applied in their preparation is applicabk18w and United Kingdom Accounting Standards, including FRS 102 The Financial Reportj'ng Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Pr8Cts'ce). In our opinion the financial st8tements: glve a true and falr view of the state of the charity's affairs as at 31 May 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. have been prepared in accordance wlth the requirements of the Companlès Act 2006. Ba818 for oplnlon We conducted our audit in accordan￿ wlth Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial ststements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financlal statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibillties in accordance wfth these requlrements. We believe that the audlt evKlence we have obtained is sufficient and appropriate to provide a basls for our opinion. Coneluslons relatlng to golng concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis ol accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomed, we have not identified any material uncertainties relating to events or conditions that. individually or collecb'vely, may cast signifi'cant doubt on the charity's ability to conts'nue as a going Concern for a period of at least t4Yelve months from when the financial statements are authorised for issue. Our responsibilities and the r6sponsibilities of the trustees with respect to going concem are described in the relevant sections of this report. BEIS RUCHEL SCHOOL LTD Company Limlted by Guarantee Independent Auditor's Report to the Members of BEIS RUCHEL SCHOOL LTD (continued) Year ended 31 May 2024 Other Infomiatlon The other information comprises the infomation included in the annual report. other than the financial ststements and our auditorfs report thereon. The trustees are responsible for the other infomatlon. Our opinion on the financial statements does not cover the other informats'on and. except to the èxtent other*vise explicitiy stated in our report. we do not express any fomi of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other informatlon and. in doing so, consider whether the other information is materially inconsistent with the financial staternnts or our knowledge obtained in the audit or othe￿1$8 appears to be materially misstated. If we identify such material in￿nSiStenC1eS or apparent material mlsstatements, we are requlred to detemiine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If. based on the work we have perfonned, we conclude that there is a material misstatement of this other infomiation. we are tequired to rerort that fact. We have nothing to report in this regard. Opinion8 on other matter8 pre8crlbed by the Companles Act 2006 In our opinion, b8se(l on the work undertaken in the course of the audrt: the information given in the trustees, report which includes the directors, report prepared for the purposes of company law for the financial year for which the financial ststements are prepared is consistent with the financial statements,. and the directors, ￿port induded within the trustees, rewt has been prepared in accordance wtth applicable legal requirements. Matters on whlch we are requlrnd to report by frxcopt In the Ilght of the knowledge and understanding of the charity and its environment obtained in the Course of the audit, we have not idents.fied material misstatements in the trnstees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us io ffjport to you rf, in our opinion: adequate accounting records have not been kept, or retums adequate for our audit have not been recelved from branches not visrted by us; or the financial ststernents are not in agreement with the accounling records and retums,. or certain disclosures of trustees, remuneration specified by law are not made" or we have not received all the infonnation and explanations we require for our audit: or the trustees were not entitled to prepare the financial statements in accordance with the small companies regirne and take advantage of the small companies, exemptions in preparing the directors, report and from the requirement to prepa￿ a strategle report. BEIS RUCHEL SCHOOL LTD Company Llmited by Guarantee Independent Auditor's Report to the Members of BEIS RUCHEL SCHOOL LTD (¢onllnued) Year ended 31 May 2024 Responsibllltles of trn8tees As explained more fully in the trustees. ￿ponsIbIlitIeS statemenc the trustees (who are also the di￿tOrS for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the trustees detemine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial ststements, the trustees are responsible for assessing the charity's abllity to continue as a going concern. disclosing. as applicable, matters related to going concem and using the going con￿rn basis of accounting unless the trustees either intend to liquida￿ the charity or to cease operations. or have no realists'c aftemative but to do so. Auditorfs respon8lblllties for the audlt of tho finan¢lal Statements Our objectives are to obiain reasonable assurance about whether the financial statements as a whole are free from material misststemen( whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audrt conducted in accordance with ISAS (UK) will always detect a material misstatement when It exists. Misstatements can arise from fraud or error and are considered material rf, individually or In the aggregate, they could reasonabty be expected to influence the economic decisions of users taken on the basis of these financial ststements. Irregularities, including fraud, are instances of non•compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our proCedU￿S are capable of detecting irregularities, induding fraud is detailed below.. We obtsined an understsnding of the legal and regulatory framework that the Bels Ruchel School Ltd operates in, and identlfied the key laws and regulations that had a direct effect on the determinatton of material amounts and disclosures in the financial statements. These included the UK Companies Act and tax legislation," and do not have a direct effect on the financial statements but compliance with which may be fundamental to the charitsble company's abilty to operate or to avoid a material penalty. As part of an audit In accordance with ISAS {UK). we exercise professlonal judgment and maintain professional scepts'cism throughout the audiL We also: Identfy and asséss the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misststement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery. intentional omissions. misrepresentats'ons. or the override of intemal control. Obtain an understsnding of intemal control relevant to the audit in order to design audit procedures that are appropriate in the circumstsnces. but not for the purrA)se of expressing an opinion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related discl¢)sures made by the trustees. BEIS RUCHEL SCHOOL LTD Company Llmited by Guarantee Independent Audito￿8 Report to the Members of BEIS RUCHEL SCHOOL LTD fc¢Mtlnu•d) Year ended 31 May 2024 Conclude on the appropriateness of the trustees, use of the going Concem basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast signrficant doubt on the charitls ability to continue as a going concem. If we conclude that a material uncertainty exists. we are required to draw attention in our auditor's report to the related disclosu￿5 in the financial statements or, rf such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. However, future events or conditions may cause the charity to cease to continue as a going concem. Evaluate the overall presentation. Structu￿ and content of the financial ststements, including the disclosures, and whether the financial statements represent the undedylng transactions and events in a manner that achivles fair presentation. We communicate wlth those charged wtth governance regarding, among other matters. the planned scope and timing of the audit and significant audrt findings, including any significant deficiencies in internal control that we idents'fy during our audit. Use of our rnport This report is made solely to the charitys members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charivs members those matters we are required to stste to them in an auditotrs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibllty to anyone other than the charity and the chantys members as a body, for our audit woth, for this report. or for the opinions we have formed. Gary Harris (Senior Stalutory Auditor) For and on behalf of G A HARRIS & CO LIMITED Chartered account8nts & statutory auditor Brulimar House Jubilee Road, Middleton. Manchester England M24 2LX 29 May 2025 BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee Statément of Financial Activities (includlng income and expenditure account) Year end8d 31 May 2024 2024 Unrestricted funds Total funds Total funds 2023 Income and endowments Donations and legacies Charitable activities Investment income 1,664,062 25,128 3.048 1,664.062 25,128 3,048 1,692,238 1.637,376 18,090 407 Total Income 1.692,238 1,655,873 Expenditure Expenditure on charitable activits'es Total expendlture 8,9 1,653.932 1,653,932 1.653,932 1.653,932 1,513.471 1.513,471 Net Income and nèt movement In funds 38,306 38.306 142,402 Reconclllatlon of fund8 Total funds brought forward Total fvnds carrled fornard 663,245 701,551 663,245 520.843 701,551 663,245 The statement of financial activities Indudes all gains and losses reco9nised in the year. All income and expendlture derive from continulng activities. The notes on pages 12 to 20 fomi part of these flnanclal ststem•nts. BEIS RUCHEL SCHOOL LTD Company Limited by Guarantee ststement of Financial Position 31 May 2024 2024 2023 Note Flxed assets Tangible fixed assets Inveslments 12 13 131.342 195,417 326,759 147,946 95,985 243,931 Current a88et6 Debtors Cash at bank and in hand 14 230, 540 300.214 530,754 495,255 62,656 557,911 Credltor8: amounts falllng due wlthln om year Net current a88ets Is 129.104 401,650 728,409 106,637 451,274 695,205 Total assets less current IlablllUe8 Credltor8'. amounts falllng due after morn than one year Not a880ts 16 26,858 701,551 31,960 663,245 Funds of the charlty Unrestricled funds 701,551 701.551 663,245 663,245 Total charlty funds 18 These financial statements have been prepared in accordance with the provisions applicable to ompanles subject to the small companies, regime. These finandal ststements were approved by the board of trustees and authorised for issue on 29 May 2025, and are signed on behalf of the boar(I by: Bwsch Krausz Dlrectoi The nots8 on pages 12 to 20 forni part of thé80 blnanclal 8t•tem¢nts. 10 BEIS RUCHEL SCHOOL LTD Company Limited by Guarantse Statsment of Cash Flows Year ended 31 May 2024 2024 2023 Cash flow8 from operallng activltles Net income 38,306 142,402 Adjustments for.. Depreciation of tangible fixed assets Other interest receivable and similar income Interest payable and similar charges Loss on disposal of heritage assets Ch8nges in.- Trade and other debtors Trade and other creditors 19.843 (3,0481 163,339 87,427 31,206 {407) 124,471 79,823 264,715 22,467 593.049 (344.030) (64,973) (31,508) Cash generated from operations Interest paid Interest received {163.339) (124,471) 3.048 407 Net cash froml{used in) operating activities 432.758 (155,572) Cash flows from Inve8tlng a¢tlvftla8 Purthase of tangible assets Proceeds from sale of heritage assets Purchases of other Investmènts (3,239) (32,774) {87,427) {79,8231 (99,432) (95,985) (190,098) (208,582) Net cash used in investing activitie8 Cash flows from financlng actlvtties Proceeds from borrowings Net cash used in financing activities (5,102) (5.102) {1,592} (1,592) Net Increasel (Charities SORP (FRS 102)) and the Companies Act 2006. Accountlng pollcles 8a81s of preparatlon The financial ststements have been prepared on the historical cost basis. as n￿dified by the revaluation of certain financial assets and liabilrties measured at cost. The financial statements are yepared in sterling. which is the functional currency of the entlty. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sou￿68 of estlmatlon uncertalnty In the appllcation of the charity's accounts'ng pollcies, management and trustees are required to make significant judgments about the carrying value of assets and liabilities ihat are not readily apparent from other sources. Such judgeffEnts relate to the treatments of asset purchases and if they are of caprtal or revenue1rep1a￿rnent nalure. manage￿￿nt and trustees will use their knowledge and experience of the school to ensure such judgements are fair and consistent with previous judgements of the same category of assets and jiabil￿.es. They are also required to make signrficant ests"mates and underlying assumptions relating to depreciation, prepayments, accruals and bad debt provisions, which are reviewed on an on-going basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised where the revision affects onty that period. or in the period of revision and future periods where the revision affects both the Gurrent and future periods. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 12 BEIS RUCHEL SCHOOL LTD Company Limitsd by Guarantee Notes to the Flnancial Statements icondnuedj Year ended 31 May 2024 Accountlng policles (conllnued) Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds ea￿alked by the trustees for particular future project or commitmenL Restricted funds are subjected to restsicts'ons on Iheir expenditure deCla￿d by the donor or through the terms of an appeal, and fall into one of two sub