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← C.m.a. Community Nursery Ltd

2025-04-05-accounts

Charity registration number 1083392

Company registration number 03942879 (England and Wales)

C.M.A. COMMUNITY NURSERY LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

C.M.A. COMMUNITY NURSERY LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs B Ovitz Mr E Gottesfeld Mr A S Z Deutsch (Appointed 1 May 2025) Charity number 1083392 Company number 03942879 Registered office 32 Castlewood Road London N16 6DW Auditor Glazers 843 Finchley Road NW11 8NA Bankers Lloyds Bank Plc Highbury Corner BX1 1LT

C.M.A. COMMUNITY NURSERY LTD

CONTENTS

Page
Trustees' report 1 - 2
Statement of trustees' responsibilities 3
Independent auditor's report 4 - 6
Statement of financial activities 7
Balance sheet 9
Statement of cash flows 8
Notes to the financial statements 10 - 19

C.M.A. COMMUNITY NURSERY LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 5 APRIL 2025

The trustees present their annual report and financial statements for the year ended 5 April 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The charity was established to further the education of children in accordance with the tenets of the orthodox Jewish faith, and does this primarily through operating a pre school which is partly funded by the local authority and a primary school to provide Jewish religious education and education generally for ages 3 years and upwards.

The school strives to ensure that anyone seeking to educate their children according to the tenets of the orthodox Jewish faith is able to do so regardless of their financial position.

The trustees confirm their compliance with the duty to have due regard to the public benefit guidance published by the Charity Commission when reviewing the charity's aims and objectives and in planning future activities.

Grants on the unrestricted fund are made at the trustees' discretion from their knowledge of the various institutions, subject to the grants being both charitable and in accordance with the charity's objects.

Achievements and performance

Charitable activities

The charity continued to provide education for children aged 3 and upwards in purpose built premises and provided grants to institutions to promote the advancement of orthodox Jewish religious education.

In the year under review the charity generated income of £2,604,441 (2024: £2,767,089) and incurred expenses of £2,718,885 (2024: £2,828,225) resulting in net outgoing resources of £61,136.

Financial review

The trustees are satisfied with the financial results for the year under review, which are set out in the attached Financial Statements together with the notes thereon.

The trustees have increased their fundraising efforts post year end to reduce the shortfall.

It is the policy of the charity to maintain the charity's free reserves, at a level, which the trustees think appropriate after considering future commitments and the day to day running costs of the school. The amount on the Unrestricted fund at the year end was £215,805.

The charity also held £20,000 in restricted funds at the year end, designated for a specific activity.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The charity plans to continue to support the school and fund its activities for the foreseeable future subject to satisfactory income.

Structure, governance and management

The charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr I Feldman (Resigned 1 May 2025)

Mrs B Ovitz Mr E Gottesfeld Mr A S Z Deutsch (Appointed 1 May 2025)

C.M.A. COMMUNITY NURSERY LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

The power to appoint new trustees is vested in the current board. The trustees apply suitable recruitment induction and training procedures when appointing new trustees.

The nursery and school has a full time administrator and a Head of Unit. It has full-time and part-time staff as well as a domestic general assistant. All are answerable to the Trustees.

The nursery and school are subject to inspection by the Local Authority and Ofsted.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees. & Gortespeld

..............................

Mr E Gottesfeld Trustee Dated: ......................... Jan 27, 2026

C.M.A. COMMUNITY NURSERY LTD

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 5 APRIL 2025

The trustees, who are also the directors of C.M.A. Community Nursery Ltd for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

C.M.A. COMMUNITY NURSERY LTD

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF C.M.A. COMMUNITY NURSERY LTD

Opinion

We have audited the financial statements of C.M.A. Community Nursery Ltd (the ‘charity’) for the year ended 5 April 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International 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 statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

C.M.A. COMMUNITY NURSERY LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF C.M.A. COMMUNITY NURSERY LTD

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose 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 internal control as the trustees determine 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 statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, 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 audit 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 if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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 procedures are capable of detecting irregularities, including fraud, is detailed below. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:

1) Enquiries of management concerning the charity's policies and procedures relating to:

In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

C.M.A. COMMUNITY NURSERY LTD

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF C.M.A. COMMUNITY NURSERY LTD

We also obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act and the Charities Act 2011 .

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the charity's ability to operate or avoid a material penalty.

As a result of performing the above, we did not identify any key audit matters related to the potential risk of fraud or non-compliance with laws and regulations.

In addition to the above, our procedures to respond to risks identified included the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

We note that our audit is not primarily designed to detect non-compliance with laws and regulations and the Trustees and other management are responsible for such internal control as the Trustees and other management of the Charity determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to errors or fraud, including compliance with laws and regulations. Additionally, owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Other matter

This report is made solely to the charity’s trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Jan 27, 2026
.........................
Mr Philippe Herszaft (Senior Statutory Auditor)
For and on behalf of
Glazers
Chartered Accountants
Statutory Auditor 843 Finchley Road
London
NW11 8NA

Glazers is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

C.M.A. COMMUNITY NURSERY LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 5 APRIL 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and
legacies
3
1,369,049
269,997
Charitable activities
4
943,020
-
Investments
5
22,375
-
Total income
2,334,444
269,997
Expenditure on:
Raising funds
6
2,068
-
Charitable activities
7
2,466,820
249,997
Total expenditure
2,468,888
249,997
Net (expenditure)/income
for the year/
Net movement in funds
(134,444)
20,000
Fund balances at 6 April
2024
350,249
-
Fund balances at 5 April
2025
215,805
20,000		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
1,639,046
1,521,482
241,253
943,020
980,479
-
22,375
23,875
-
2,604,441
2,525,836
241,253
2,068
26,748
-
2,716,817
2,560,224
241,253
2,718,885
2,586,972
241,253
(114,444)
(61,136)
-
350,249
411,385
-
235,805
350,249
-		 Total
2024
£
1,762,735
980,479
23,875
2,767,089
26,748
2,801,477
2,828,225
(61,136)
411,385
350,249

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

C.M.A. COMMUNITY NURSERY LTD

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 5 APRIL 2025

Notes
Cash flows from operating activities
Cash absorbed by operations
23
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash generated from investing
activities
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year
Relating to:
Cash at bank and in hand
Bank overdrafts included in creditors payable
within one year		 2025
£
(6,719)
22,375		 2024
£
£
£
(3,272)
(39,876)
(10,382)
23,875
15,656
13,493
-
-
12,384
(26,383)
(4,565)
21,818
7,819
(4,565)
7,819
9,476
-
(14,041)

C.M.A. COMMUNITY NURSERY LTD

BALANCE SHEET

AS AT 5 APRIL 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 15 79,822 89,718
Investment properties 16 262,500 262,500
342,322 352,218
Current assets
Debtors 17 14,572 39,123
Cash at bank and in hand 7,819 9,476
22,391 48,599
Creditors: amounts falling due within
one year 19 (128,908) (50,568)
Net current liabilities (106,517) (1,969)
Total assets less current liabilities 235,805 350,249
Income funds
Restricted funds 20,000 -
Unrestricted funds
General unrestricted funds 73,305 207,749
Revaluation reserve 142,500 142,500
215,805 350,249
235,805 350,249

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 5 April 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on ......................... Jan 27, 2026 .............................. is Gortespeld Mr E Gottesfeld Trustee

Company Registration No. 03942879

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025

1 Accounting policies

Charity information

C.M.A. Community Nursery Ltd is a public benefit entity and a private company limited by guarantee incorporated in England and Wales. The registered office is 32 Castlewood Road, London, N16 6DW.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity will continue for the foreseeable future notwithstanding that the statement of financial position is currently showing net current liabilities, based upon the continued financial support from the community. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment 25% Reducing Balance Method Fixtures and fittings 15% Reducing Balance Method Motor vehicles 15% Reducing Balance Method

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

No depreciation is provided in respect of investment properties applying the fair value model.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

1 Accounting policies

(Continued)

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Taxation

The charity is not liable to current tax on its income as it falls within the various exemptions available to registered charities,

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. 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.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Judgements made by the directors in the application of these accounting policies that have significant effect on the financial statements and estimates with a significant risk of material adjustment in the next year are as follows.

Property valuation

The valuation of the charity's investment property is subject to a degree of uncertainty, as the value depends on various factors including the nature of the property, its location and expected future net rental values, market yields and comparable market transactions, at times of difficult market or economic conditions the assumptions used may not prove to be accurate.

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
852,030
-
Local & Government
Grants
517,019
269,997
1,369,049
269,997		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
852,030
1,034,214
-
787,016
487,268
241,253
1,639,046
1,521,482
241,253		 Total
2024
£
1,034,214
728,521
1,762,735

4 Charitable activities

Charitable Charitable
Income Income
2025 2024
£ £
Childcare services 943,020 980,479

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2025

5 Investments

**Unrestricted ** Unrestricted
funds funds
2025 2024
£ £
Rental income 22,375 23,875

6 Raising funds

**Unrestricted ** Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Staging fundraising events - 25,428
Other fundraising costs 2,068 1,320
Fundraising and publicity 2,068 26,748
2,068 26,748

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2025

7 Charitable activities

Teaching & Teaching &
Care of Care of
Children Children
2025 2024
£ £
Staff costs 914,880 750,739
Depreciation and impairment 16,615 17,336
Charitable expenditure 861,498 853,641
1,792,993 1,621,716
Grant funding of activities (see note 10) 887,379 1,153,485
Share of support costs (see note 9) 4,271 2,989
Share of governance costs (see note 9) 32,174 23,287
2,716,817 2,801,477
Analysis by fund
Unrestricted funds 2,466,820 2,560,224
Restricted funds 249,997 241,253
2,716,817 2,801,477

9 Support costs

Support costs
Office Costs
Audit fees
Accountancy
Legal and professional
Bank charges
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
4,271
-
-
2,400
-
12,600
-
15,723
-
1,451
4,271
32,174
4,271
32,174		 2025
£
4,271
2,400
12,600
15,723
1,451
36,445
36,445		 Support
costs
Governance
costs
£
£
2,989
-
-
1,500
-
11,700
-
9,228
-
859
2,989
23,287
2,989
23,287		 2024
£
2,989
1,500
11,700
9,228
859
26,276
26,276

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2025

10 Grants payable

Grants to institutions:
CMZ Limited
Friends Of Beis Soroh Schneirer
Friends of Beis Chinuch Lebonos Trust
One Heart Lev Echod
Mifal Hachesed Vehatzdoko
Friends of Mercaz Hatorah Belz Macnivka
Yesamach Levav
Other
Grants to individuals
-
11
Net movement in funds
2025
£
Net movement in funds is stated after charging/(crediting)
Fees payable to the company's auditor for the audit of the company's financial
statements
2,400
Depreciation of owned tangible fixed assets
16,615		 2025
£
401,000
66,500
47,000
68,500
54,500
72,000
25,000
144,629
879,129
8,250
887,379
2024
£
1,500
17,336

12 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

13 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
96
2025
£
896,264
13,253
5,363		 2024
Number
91
2024
£
742,275
4,712
3,752

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025

13 Employees

(Continued)
914,880 750,739

14 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

15 Tangible fixed assets

Plant and
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
Cost
At 6 April 2024
-
113,196
28,400
Additions
2,319
4,400
-
At 5 April 2025
2,319
117,596
28,400
Depreciation and impairment
At 6 April 2024
-
39,098
12,780
Depreciation charged in the year
580
11,775
4,260
At 5 April 2025
580
50,873
17,040
Carrying amount
At 5 April 2025
1,739
66,723
11,360
At 5 April 2024
-
74,098
15,620		 Total
£
141,596
6,719
148,315
51,878
16,615
68,493
79,822
89,718

16 Investment property

Investment property
2025
£
Fair value
At 6 April 2024 and 5 April 2025 262,500

The fair value of the investment property is determined by the trustees based on their understanding of the property market and the specific property concerned, derived from recent comparable transactions on the market .

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2025

17 Debtors

Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2025
£
7,421
6,973
178
14,572		 2024
£
-
36,000
3,123
39,123

Other Debtors includes an amount of £3,000 (2024: £36,000) due from The Friends of Wiznitz Ltd, a connected charity of which Mr E Gottesfeld a trustee of this charity is also a trustee.

18 Loans and overdrafts

Loans and overdrafts
Bank overdrafts
Payable within one year
Creditors: amounts falling due within one year
Notes
Bank overdrafts
18
Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income		 2025
£
-
-
2025
£
-
20,322
99,397
2,949
6,240
128,908		 2024
£
14,041
14,041
2024
£
14,041
6,551
16,932
6,092
6,952
50,568

19 Creditors: amounts falling due within one year

20 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The charge to profit or loss in respect of defined contribution schemes was £5,363 (2024 - £3,752).

C.M.A. COMMUNITY NURSERY LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2025

21 Analysis of net assets between funds

Unrestricted
Fund
Restricted
Fund
Total
2025
2025
2025
£
£
£
Fund balances at 5 April 2025 are represented
by:
Tangible assets
79,822
-
79,822
Investment properties
262,500
-
262,500
Current assets/(liabilities)
(126,517)
20,000
(106,517)
215,805
20,000
235,805		 Total
2024
£
89,718
262,500
(1,969)
350,249

22 Related party transactions

During the year the nursery and school used rent free, a building provided by The Friends of Wiznitz Ltd, and also received donations of £49,500 (2024: £107,945) from The Friends of Wiznitz Ltd, a connected charity of which Mr E Gottesfeld is a trustee.

The charity also made grants of £Nil (2024: £33,000) to the above charity during the year.

The charity made charitable grants of £401,000 (2024: £348,000) to CMZ Ltd a charity in which a close family member of Mr E Gottesfeld is a trustee. The charity also received grants of £261,500 (2024: £314,989) from the aforementioned charity during the year.

During the year the charity paid £5,300 (2024: £17,850) for the provision of services to a company of which one of the trustees is also a director.

23 Cash generated from operations

23
Cash generated from operations
2025
£
Deficit for the year
(114,444)
Adjustments for:
Investment income recognised in statement of financial activities
(22,375)
Depreciation and impairment of tangible fixed assets
16,615
Movements in working capital:
Decrease in debtors
24,551
Increase in creditors
92,381
Cash absorbed by operations
(3,272)
24
Analysis of changes in net funds/(debt)		 2024
£
(61,136)
(23,875)
17,336
22,998
4,801
(39,876)

The charity had no debt during the year.