Docusign En%*l)pe ID.. 051E77E>SBBfA6C1.AC4>4C246B04Fe6F Charity rtgistration number 1082137 Company registration nwnber 039S2150 (England and Wal￿) ROSH PINAH JEWISH PRIMARY SCHOOL TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 11111 "AW2BP5* 3010512024 COMPANIES HC4JSE #16 Oocuslgn ErNdope ID.. 051E77E>5B8tk4e£1-AC4>4C246B04F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST LEGAL AND ADMINISTRATIVE INFORMATION Twstses N D Boonin B Kaplan SRHunt N Krarner A Myers A Simble Charity number 1082137 Company nymbe 039521 Registered oifie¢ Glengall Road Edgware iddksex HA8 8TE 1ndt￿ndent examiner Jeffw ￿.ft￿"n FCA F M C 8 Chartered A￿ntants Hathaway House Popes Dii¥e F￿ChleY London N3 1QF Bankers HSBC Bank PLC 101 - 103 Station Rc Edgware Middlesex HA8 7JJ Royal Bank of Scoland PLC 19- 21 cla￿ndOn Road Watford Hertfordshiie WD1 1HD National Weslminster PLC 72- 74 H￿h Street Waiford Herffordshire WD17 2GZ DDcuSign En¥?10￿ ID.. 051EnEMBBD46CIAC4&4C246B04F16F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST CONTENTS Pag• Trusiee's report Independent examine¢s report Statement of financial actmt Balance sheel state￿nt of cash flows Notes lo the fjnanaal stalements 8-15 D¢¢u&gn En¥eloFe ro.. 051E77É3.5BBD46C1-AC4>4C246BOrfF86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST TRUSTEE'S REPORT IINCLUDING DIRECTOR'S REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 AUGUST 2023 The trnstees who are also the directors of Ihe Charily for the purposes of the Companies Act. present their annual report and financAal slatements for the year eThJed 31 August 2023. The finanrial statements have been prepared in accordance wrth the accounts.ng policies set out in note 1 to the rinantyal ststements and c()mply with Ihe eompanVs Memorandum and Artides of Asswation, the Companies Act 2006 and Accounting and Repoth'ng by Charities.. Siatemenl of Recommended Pract*ce applicable lo charities preparing their accounts in accordance with ihe Finanual Re[￿￿)g Standard applicable in the UK and Republic of Irelan¢J IFRS 102)" leffective 1 January 20191. This report also represenls the direclors. repori as reqimred by S417 01 Companies Act 20C6. Objects"¥es and activities The object5 of the Charity are lo advar*ce thè education and development of pupils at Rosh Pinah Jewish Primary Sd)ool with particular ￿gard to the advancement of the educabon of such pupils in the Jewish religion and Jewish faith. Rosh Pinah is a Scopus Jewish Day School. The ￿ligIouS characler of Ihe School is that of Modem Orthodox Judaism Ythich 15 a voluntary aided school wilh pupils from a wide range of le1￿louS and socio-e¢onomic backgrounds. They are an inclusive school, catering to the needs ol all pupils. Jewish Education underpin$ all that 15 tau9ht. The school imbues pupils with a love ol Jewish lile, study ski115 which enhance all their leaming, resped for others and a love ol Israel. The school has specialisl leachers and teaching assistants for je￿$h stud*s and the Hebrew lan9uage. and timetables dedicated lessons to these subiecxs. There is a broad Jewish Stud￿$ ¢uiriculum covering text based Torah sludy. weekly Torah portion lessons, general knowledge, Hebrew Reading and a rnodem Hebrew language programme. The school has daily prayers, regular relMJiou5 a5semblie5 and Celebrat￿tin$ of festivals to which pafents and members of Ihe wider community are bnviled. Public benefif In accordance with Sèction 17 01 the Chanries Ad 2011, Ihe Truslees have 9iven care￿1 consideration lo the Charily Commission's general guidarTrce on Publ￿ benefrf and in particular lo continue maintaining 115 principal objects for the advancemènt ol education and development of pupils at Rosh Pinah Jewish Primary School. with pa￿"cUlar focus on the Jèwish religion and fath. Activii?es The Charily raisès fund5 and recei￿$ contribukn.ons by way of subsuiptions and donations. Thè trustees are empowered to acl as they see best lor the fvrtherance of the Charity's objects. Strntegic report The description under the headings"Achie¥ement5 and performance" and"Finanaal re¥1￿ meel the cornpany law requirements for the Irustees to present a stralegic repori. Achieven7ents and perforn)an¢e Swnifi¢anl aGhvilies and a¢h￿VeMentS against otyectiv•s The Trustees consider that the achievemenls of the principal objecis have been met and continue to support improvemenl in perfomance and overall slandafds. Financial review ThÈ Iru5tees ujnsidèr that the reserves arè Sufficient to support Ihe maffttènantr* of cufrènt fÈstyJrce5. Oo¢uSign En￿ope ID.. 051E77E>S88046CIAC4>4C246B04F88F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST TRUSTEE'S REPORT (INCLUDING DIRECTOR'S REPORT AND STRATEGIC REPORT) ICONTINUED} FOR THE YEAR ENDED 31 AUGUST 2023 ReseNes policy The reserves are sel oui in Ihe Balance Sheet and accompanying notes. The Trustees ￿gu1arfY review the level ol cash reservés maintained. In addition, the Trust holds lunds lor restricted purposès In separately designated funds as shown In note 17. The accounts for the period are Sel out in the attached documewts. The statement ol Financial Activities is set out on pa9e 8 and show5 a nel defi¢rt movement in total fund$ of {£76.405} (2022'.£27,956 surplu$l and our ftJnd5 stand al £319.360 {2022." £395.7671 in totsl. The iestricted lund5 are shown in note 15. The trusteès ¢onsider Ihal reserves at thi5 level wll ensure that, in the event tsf a signfftanl drop tn lunding. they will be èble to continue the charity'5 current adiwlie5 Whi￿ consideration 15 given lo ways in which addilional funds may be raised. Thi5 level of reserves has been maintained throughoul the year. Inv&stmentpolKy Under thè Mèmorandum & Ariides of A550cialion. the tharity has the p¢)wer to makè any invesiment whith the Tnjstees see ffit. Aside from retaining suffiryent lunds to meet the ￿serveS policy. there ale some funds for longer terrn investments. Thè Trustees have therefore dec￿ed to place the amounts av311ablè in interesl bearing accounts with their bankèrs. The retums are considered acceptsbte bèaring in mind GurTenl interest rate levels and practical altematives. The Irusl¢e$ have a duty lo identify ancl review the risks to whi¢h the cornpany is expo$ed and are satisfieil that appropriate controls are in plaeè Io Pfovide rea50nabie assurn)ce against fraud and effor. Plans for futur• p•riods The Trustees will maintain and support the existin9 prinopal objects of the Trust. structurè, govemance and management Rosh Pinah Jewish Primary School Trust is a company limited by guarantee governed by it5 Memorandum and Artic￿5 ofAssocialion dated 2151 Marth 20C(l arnended by special resolut￿ dated 28th May 2006. The trustees. who are also the directors lor the purpose of company law. and who served during the year and up to th¢ date of signature of the finanoal statements were.. N D Boonin B Kaplan SRHunt N Kramer A Myers A Simbfè Rfr¢nJilmenl and appointfflent ollwstees Trustees are appointed each year al the Annual General Meeting of the company and the first meeting of the Board is called shortly thereaftef at which TrustÈès receive speafic responsibilities and appropriate induction and training. The Board meets at least once per school temi to discuss lurthernnce ofthe Charity's obiects. None of the tru$lees has any beneficial intere$1 ¥) the ¢¢ynpany. All of the truslees are member$ ol the company and guaranteè to contribute £10 ￿ the event ol a ￿ndIng up. QUali￿ng thi￿party indemnityprowwns The company has taken out Ihird party indemnty insuran¢e on behaw of ts director5. Docusign Ernffjlope ID.. OSIE77E&SBB￿6cI-AclM246S0IFa6F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST TRUSTEE'S REPORT {INCLUDING DIRECTOR'S REPORT AND STRATEGIC REPORTI (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 The trustee's report, induding the Strategic report. was apFxoved by the Board of Trustees. B Kaplan A Myers Date.. 29 May 2024 D¢xu&'gn En¥ebFe ID.. 0SIE77E&58BD46CIAC434C246B04F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ROSH PINAH JEWISH PRIMARY SCHOOL TRUST I report to the trustees on my examination of the financial statements of Rosh Pinah Jewsh Primary Sehool Trust (the charity} for the year ended 31 Augusl 2023. Responsibilities artd basis of report As the trustees of the tharity land also its directors for the purposes of company law) you are responstble for the preparation of the ffinanaal ststements in aecordance with thè requirements of the Companies Act 2006 Ilhe 2006 Acti. H4￿n9 satisfied myself thai the financial 5talemenls of the tharty are not required to be aLKliled under Part 16 of the 20[￿ Act and arÈ èligible for independent eXaminat￿n. I report in rèspect of my examinatson of the charity's rinancial statements carr￿d out under section 145 of the Charities Acl 2011 {the 2011 Act). In carrying out my examination I have folbwed all the ap￿icable Oirediw5 g¥en by the Charity Ccknmission under section 14515llbl of thè 2011 Act. Independent examinee$ Statement Since the char￿$ gross inGome ex¢xede5B8D46C)-AC434C246B04F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2023 Unrestricted Restricted funds funds 2023 2023 Total Unrestr•¢tèd Restricted funds funds 2022 2022 Total 2023 2022 Notes Income and endowments from: Donations and legaries Inveslrnenls Other income 375.134 3.033 79.452 315 30.120 454.586 3,348 30.120 394.858 159 37.456 10 1.152 432,114 169 Total income 378,167 109,887 488.054 394.817 38,618 433,435 Exp•ndi￿re on: Raisin lun Other resources expended 30.120 30.120 1.152 1,152 ritable activities Charitable a¢tivities 425.409 108.931 534.340 365.207 39.119 404,326 Total expenditure 425.409 139.051 365.207 40.271 405,478 Net incomellexpenditurel 147.242) 129.1641 176.4(61 29.610 {1,6531 27.957 Transfers betsyeen nds 116.249) 16.249 14,993) 4,993 Net mgv•ment in fund$ (63.491) (12.915) (76.4C6} 24.617 3.340 27.957 Re¢on¢ilFation of lunds- Fund balances at 1 September 2022 211,442 184.323 395.765 186,826 180,983 367.809 Fund balances at 31 Augusl 2023 147,951 171.408 319.359 211,443 184.323 395,766 The statement of finan¢ial activities in¢ludes all gains and losses re¢ogntsed in the year. Ml income and expenditure derive from continuing actiwties. Docu&9n Envekjpe ID.. 051E77E>5BB046C1.AC4>4CZ4fjB04F06F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST BALANCE SHEET ASAT31 AUGUST2023 2023 2022 Notrs urrent assets Debtors Cash at bank and in hand 13 21.463 483.395 17.116 444.467 504.858 461,583 Creditorn.. amounts falling du• within one year 14 (185,499) 165.817) Net current assets 319,359 395.766 Net agsets ex¢luding p¢n$ion liability 319.359 395,766 Tho funds ofthe charity Restrided in¢ome lunds Unrèstncteil lunds 15 171.408 147,951 184,323 211,443 319.359 395,766 The company is entitled lo ihe exemption Irom the audit requirement contained in secb.on 477 of thè CornpaniesAct 2006. for the year ended 31 Au9USt 2023. The dirèctor acknowledges hi5 responsibilit￿$ for complying with the requirements of the Companies Act 2006 with resped to accounting records and the preparat￿￿ ol ffinancial ststements. The membefs have not requrred the oynpany to obtsin an audit of its financaal stalemenls lor the year in quests'on in accordancè with section 476. These financ￿ statèmènts have I￿en prepared in acconlance ￿th the provtsions apph"cabJe lo Companies subject lo the small companies regirne. 29 May 2024 The financial 51alemenls were approved by Ihe trustees on ..................... . . B Kaplan A Myers Company registration number 03952150 (Eng4and and Wales) Oocu&"gn En4*lope ID". 051E77E&S8BD46C1-AC4>4C246804F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2023 2023 2022 C•sh Ilows from operating activibes Cash generated frorn operations 19 35.581 76,489 Investlng aclfvllvJ Invèstmènt incomè received 169 Net cash generated from investing activities 169 Net cash used In financing activities Net Increase Sn cash and cash equivalents 38.929 76,658 Cash and cash equivalents at be9innin9 of year 444.467 367,809 C•sh and eash equivalents at end of ye•r 483.395 444.467 DO￿￿9n En%*knFe10.. 051ETIE3-58BN6C1.AC4S4C246804F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 Accounting pglici•s Charity information Roslr Pinah Jewish Primary School Trnst is a pnvate company limited by guarantee incorporated in England an¢J Wales. The re9iStere¢J office is Glen9all Road. Edg4vare. Middlesex. HA8 8TE. 1.1 Accounting convention The financial statements have been prepare¢J in a¢¢ordance with the Chari￿$ goveming document. the Companies Acl 200S. FRS 102 "The Financial Rerrtjrting Standard applicable in the UK and Republic of Ireland" I"FRS 102.1 and the Charities SORP "A¢¢A)unts"ng and Reporting by Charities.. Ststement of Recommended Pracb"ce appli(*ble to chaiities preparing theif accounts in accordan¢e with the Financial Reporting Standard applicable in the UK and RepuNic of Iretsnd {FRS 102)" {effective 1 January 20191. The chanly is a Public Benefit Entty as defined by FRS 102_ The financial slatemen15 are prepared in slefling, whtch is Ihe functional currency of the ¢harty. Monetary amounls in these finanraal 5talements are rounded to Ihe nearest pound. The finanoal statements have been prepared under the historical ¢osl (y)nvenlion. The principal accounting policies adopted are Set out below. 1.2 Going concern At the timè ol appro￿n9 thè financial statements. the trustees have a reasonable expèdat￿trn that the charity ha5 adequate re50urce5 lo wntinue in operational existen￿ for thè foreseeable fvture. Thus the trustees nlinue to adopt the going ¢on¢ern basts of a¢￿Unting in p￿paring the financial statements. 1.3 Charitable ￿ndS Unre51ricted funds are available for use al Ihe discret￿ of the trnslees in lurtherance of thèir tharitable objethves. Reslrictefl lunds are subject lo speufJ¢ ¢ondition$ by donors or grantors as to how they may be used. The purposes and uses ol the restricted funds are set out tn the notes to the financtal statements. Endowment fvnds are subject lo speaffic condition5 by donors thal ihe capital fflu5t be maintained by the charily. 1.4 Income Incornè is recognised when the chawty is legalty entrtl8d to il aftef any pwfoimancè condilions have been met, Ihe amounts can be measuret1 reliably. arml rt is probable that income Mll bè received. Cash donations are recognised on re￿p1. Olher donaiions are recognised On￿ the charity has been nolihed ol the donation, unless performance conditions require deferral of Ihe amount. Income tax recoverable in lation to donations ￿ceiVed un¢Jei Grft Aid or deeds of covenant is recognised al the time of the donalron. Legactes are fecognised on receipt or otheTh¥ise rf the charity has been nolified of an impending dtstrtbution, the amounl is known, and ￿ceipt is expected. If the amounl ts not known, the legacy is treated as a conlingent asset. DoDJ&gn Envelope ID.. 0s1E77E&￿NGCl.Ac4&4C246BO4F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Accounting policieg (Continued) 1.$ Expenditure Expenditure is re¢ognised once there is a kgal or ¢onstrnclive obligat￿n lo transfer e¢onomic benefit to third party. it is probable that a transfer of èfA)n¢)mie benefits will be required in settlement. and the amount of the obligation can be measU￿d reliabty. Expenditure is class7fied by acti￿ty. The costs ol each acliwty are made up of thè total of direct costs and shared wst$. including support costs invofved in undertaking each activty_ Direct costs attribulable to a single activity are allocated directfy lo Ihat adivity_ Sha￿d costs which contribute lo rn0￿ Ihan one activity and 5UPPOrt costs which are not altributable to a single actrwty afe apportioned between those actiwties on a bas¢s consistent wrth the use of resour¢es_ Cenlral staff costs are allocated on the basis of lirr* spenl, and eprÈciation charges are allocated on the kyjrtion of the asset's use. 1.6 Cash and cash equivalents Cash and cash equivalent5 indude cash ￿ hand. depo5rts held at call wilh banks, other short-temi liquid inve5trnents wilh original matLtritie5 of thrÈè months or less. aN1 bank overdrafts. Bank overdrafts are shown within borrowngs in current liabilities. 1.7 Financial instruments The rharity has elecied to apply the prwsions of SeclTron 11 'Basic Fina￿la1 Instruments, and Section 12 'Other Financial Instruments Issues. ol FRS 102 to all of its financial instruments. Financial instrumenls are recognised in the tharity's balance sheet when th8 thanty becomes party lo Ihe contraclual provisions of the instrument. Financial assets and liabilities are offsel. V￿th the nel arnounls presented in the financial stalemenls. when there is a legally enforceable Trght to set off the recognised amounts and there is an intentK)n to settle on a net ba$is or to realise the assel and setlle the liabilrty simLdtaneousty. 8a$i¢ financialass•ts Basic financial assets, which indude debtors and cash and bank balances, a￿ initially measured al transaction pri￿ including transaCt￿Tr cosls and a￿ subsequenuy rarried al amortised cost Using the effective interest method unless the arrangemenl conslitutes a finanring Iransaclion, where the Iransaction is rneasU￿d al the present value of ihe future receipls discounled al a market late of interest. Financlal assets classified as ￿CeIvable wrfhin one year are not amorfised. Basic financial liabilities Basic financwl liabilrties, indudin9 credrtor5 and bank loans a￿ inrtially rec¥gnised al transacb.on price unless the arrangemertt consiitutes a financing transaction. Whe￿ ihe debl in$trurnent is measvred * the present value of Ihe future paymènts discounted at a markel rate of interest. Financial liabilrtie5 dassiffied a5 payable within one year are noi amortised. Debt instruments are sub5equenlly caryied at amorbsed c05t, Using Ihe eftedi¥e interest Tale methc4J. Trade creditors arè tsbligations to pay for goods or 5er¥ices that have been a0]ui￿d in the ordFnary course of operations Irom suppliers. Amounts payable are classified as current liabililies if payment 15 due within one year or le$5. If not. thèy arè presented as n0￿cUrrent liabilities. Tradè creditors are recognised initially at transaction price and subsequenuy meaSU￿d at amortised cosl u5in9 the effective interest method. Derecognition of financial liabilities Financiaj liabilitses ai¢ derecognised when the 9)ntra¢*Jal obligations expye vr are di5thar9gd or can￿lled. DocuSi9n EnvEIopE10". 051E77￿$8BD46C1thc434c246Bf$IF ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 AUGUST 2023 Critical accountlng estimates and judgemènts In the application of the charivs accounling pOI￿leS, the trustees are requ*ed to make judgements, estimates and assumptions 3tx)ut the carrying amount of assèts and liabilitiès thal are not readily apparent from olher sources. The estsmales and a55ooated as5UrnPtions ar¢ based on historiGal experience and other factors Ihat are considered lo be relevant. Actual results may differ from these ests"malÈs. e$timate$ and undety.ng assumptions are rwiewed on an ongoing basis. Revisi￿$ lo acc4)unling esbmatès are recognised in the period in which the esb.mate is rew5ed where the revision affects only that period. of in Ihe per￿ of the reviyon and bjture periods where the ￿￿slon affect5 both current and firturè periods. Income from donations and le9a¢ies Unrestricted Restricted nds funds 2023 2023 Total Unrestricted Restricted funds funds 2022 2022 Total 2023 2022 Donations and 9fft5 Grants Contributions 3.108 71,511 300.515 3.108 150,963 3CQ.515 3,092 106,516 322,506 79.452 69,(￿0 322.5( 37.456 375.134 79,452 454,586 394,658 37,456 432,114 Income from investments un￿￿trIcted Restricted funds funds 2023 2023 Tolal Unrestricted Restricted funds funds 2022 2022 Total 2023 2022 Interest receNable 315 3.348 159 10 169 Other income Restricted funds 2023 RÈstNcted funds 2022 Rosh Pinah Funday receipts 30.120 1,152 10- Oocu&"gn E￿￿¢ve ID.. 051E77E>5BB046C14C4>4C246804F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 Expenditure on rnising funds Rèstrlctèd funds 2023 Restrictèd funds 2022 Fundra•sing and publicity Rosh Pinah Funday payable 30,120 1.152 Expenditure on charitsble ¥ctivities Charitsble activities 2023 Charitable activities 2022 Direct costs Staff costs Profèssional an¢J educatsonal resource$ Premises costs Building refurbishments Caretaker Building Repairs Bank charges 228,541 108.742 44.041 93,371 IS,550 1.274 185.214 84,935 35.089 39,077 1,517 491,519 345,832 Share of support and governance costs (see not• 8} Support Govemance 40.392 2,429 50,973 7,521 534,340 404,326 Analy515 by fund Unrestricted funds Restricted funds 42S,409 108,931 365,207 39.119 534.340 404,326 Support costs alloeatÈd tts aetivities 2023 2022 staff costs OlfIce At1ministratitsn Govemance costs 37.567 2,825 2,429 48,346 2.627 7.521 42,821 58,494 Analys•d betwèèn: Charitable aclivities 42.821 58.494 11 DorJJ&"gn F￿￿oPe ID.. OS1E77E&S88D46C1.AC4>4C246B04F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 AUGUST 2023 Net movemenl in funds 2023 2022 The net movement in fund5 15 stated after chargi@(uedilingl'. Fees payable for the independent examination of ihe dJariVs finanrial staternents 2.340 10 Trustees None of the trustees lor any persons Con￿¢￿ with them) received any remuneration or beneffts from the charity durin9 thè year. Employees Thè avèragè rnonthty number of employees durir#J thè ytarwas." 2023 Number 2022 Number Tolal Employment costs 2023 2022 Wages and salaries 266,108 233,560 12 Taxation The charity 1$ exempl from taxab.on on its ath"bryties because all lis income 1$ app￿ed for chariiable purposes. 13 Dèbtors 2023 2022 Amounts falling due within one year. Other debtors Prepayrnents and accrued income 10,004 11.459 6,343 10.773 21,463 17,116 12- Docusign EnwekJpe10.' 05IE77E3-588N6C1-AC4>4C246804F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 14 Credltors: amounts falling due within one year 2023 2022 Trade creditors Other Cfeditors Accruals and deferred incoffle 135,697 6.884 42,918 25.435 5.145 35.237 185,499 65,817 15 Restricted funds The restricled funds of the charty compcise the unexpended ba￿n￿5 of donations and grants held on tTUSt subject to specific condttions by donors as to how they may be used. At1 S•ptember 2022 Incoming resources Resources expended Trnftsfers At 31 August (Trust 10% 2023 contribution) School Capilal AllocatiOr￿ SCA (LCVAPI Devolved Fomula c￿l81- DFC Rosh Pinah Funday 140.255 51,660 {87.273} 13,161 117,803 28.107 30.120 121.658} 130.1201 3.088 53,605 184.323 109.887 (139.051) 16.249 171.408 P￿ViouS yèar. Incoming September resou￿¢$ 2021 Resources Èxpended Transfers At 31 Augllst (Trust 10% 2022 contribution) 180.983 38,618 140.271} 4.993 184,323 Restricted income funds IDFC anil School Building Allocation- LC VAP} relate to fvndin9 by Department of Educats"tsn for speafic projects {indvding a 10% contribution by the Tnjsll. any kn¢)wn future expected capilal ¢ommilments and a wo(kin9 capital Lmffler. Vvhen expendituie takes place out of re5tn.ded In￿Me funds *) hne with the orbs¥nal grant. the expenditure is then reclassified by way of transfer behveen funds. 13- t)L(cuSign Envthpe ID.. 0SIE77E&588N6C1.AC4>4C246B04F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST2023 16 Unr•strittÈd fund$ The unrestricted flmds of thÈ charity eomprise Ihe unÈxpÈnded balances of donations and grants which are not subject lo specitc ￿ndrtIOnS by donors and grantors as lo how Ihey may bè used. These include designated funds whith have been set asrfje out ol unresliKted funds by the Irilstees for spècific purposes. At1 S¥pItm￿r 2022 Incoming $gur¢e$ Resources expended Transfers At 31 August 2023 General fuThJs 211.442 378,167 (425,4091 (16.2491 147.951 P￿VIouS year.. At1 Incoming September rnsources 2021 Resources expended Transfers At 31 August 2022 General funds 186,826 394,817 1365,20n {4,993} 211,443 17 Anatysis of r￿t assets between funds Unrestricted fund$ 2023 Restri¢ted funds 2023 Total 2023 At 31 Au9USt 2023- Current a5setsllliabililies) 147.951 171.406 319,359 147,951 171.408 319,359 Unre$tri¢ted funds 2022 RÈ$trieted funds 2022 Total 2022 At 31 August 2022: Current aSsetsl(liatilit￿SI 211.443 184.323 395,766 211.443 184,323 395.766 18 Relatsd party transactions Included in credilofs are amounls due to Rosh Pinah Primary School of £128,917 {2022. £48,670). Included in expenditure is £392,19312022." £320.472) invoicet1 by Rosh Pinah Piimary School to thè Tnjst. 14- Docusign Enwelope10'. 051ETTE>5BBD46C1.AC4>4C246801F86F ROSH PINAH JEWISH PRIMARY SCHOOL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2023 19 C4sh generated from opernlioms 21123 2022 {Deficrtllsurpus for the year 176.4061 27.956 Adju5tment5 for.. Investment income recognised in slalemenl of financial actmties 13.3481 (1691 MovèmÈnts in working Capital". Ilncrease}Idecrease in debtors Increa5elldecrea5el in ¢rgditors (4.34T) 119.682 11,869 {18,5781 Cash generated from oper•¢iofis 35,581 21.078 20 Analy$is of changes In net funds The charity had no m*erial debt during Ihe yew. 15-