Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
CHARITY REGISTRATION NUMBER: 1091510
MENORAH HIGH SCHOOL FOR GIRLS
FINANCIAL STATEMENTS
31 MARCH 2025
COHEN ARNOLD
Chartered Accountants New Burlington House 1075 Finchley Road LONDON NW11 0PU
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
| Pages | |
|---|---|
| Trustees' annual report | 1 to 3 |
| Independent auditor's report to the members | 4 to 7 |
| Statement of financial activities | 8 |
| Statement of financial position | 9 |
| Statement of cash flows | 10 |
| Notes to the financial statements | 11 to 15 |
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS TRUSTEES' ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
The trustees present their report and the financial statements of the charity for the year ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name Menorah High School For Girls Charity registration number 1091510 Principal office 105 Brook Road London NW2 7BZ
THE TRUSTEES Mr D Landau Mr Z Jacobson Mr J Adler Mr B Rabinowitz Auditor Cohen Arnold Chartered Accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 0PU
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity was established by a charitable Trust Deed on 10 March 2002.
Appointment of trustees is governed by the Trust Deed of the Charity. The continuing trustees are authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
All trustees on first being appointed/elected to the board will have an induction training programme coordinated by the trustee D Landau. All trustees will have an annual meeting with the chairman or vice-chairman where any individual training requirements will be reviewed.
The Trust Deed authorises the trustees to invest trust monies as they in their absolute discretion shall think fit.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that the systems are in place to manage those risks.
- 1 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
TRUSTEES' ANNUAL REPORT (continued)
YEAR ENDED 31 MARCH 2025
OBJECTIVES AND ACTIVITIES
The charity's objects are the advancement of the education of the public and in particular but not so as to limit the generality of the foregoing to advance the education of the pupils in the Menorah High School for Girls by providing and assisting in the provision of such facilities for education at the school to foster closer relationships between staff, parents and others associated with the school and to support the school and to advance the education of the pupils attending it.
The main activities for the year are to obtain donations from individuals and institutions and utilise these funds to enable the charity to pursue its objectives.
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.
ACHIEVEMENTS AND PERFORMANCE
The charity is satisfied with its overall achievement and performance during the year and has continued to meet its objectives with regard to the level of donations made during the year to The Menorah High School For Girls Foundation Trust for the furtherance of educational purposes.
FINANCIAL REVIEW
It is the policy of the charity to maintain unrestricted funds at a level which the trustees consider is sufficient to ensure that the Charity maintains a continuous positive fund balance.
As at Balance Sheet date the charity had unrestricted funds of £42,496.
Investment policy
The trustees are authorised under the Trust Deed to invest in such assets as they see fit. The charity has a policy of keeping any surplus liquid funds in a low risk current or deposit account which is not subject to the volatility experienced in other sectors such as equities and property.
PLANS FOR FUTURE PERIODS
The charity plans to continue to raise donations from individuals and institutions and utilise these funds to pursue its objects of the advancement of education.
TRUSTEES' RESPONSIBILITIES STATEMENT
The trustees 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).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each 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, of the charity for that period.
- 2 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
TRUSTEES' ANNUAL REPORT (continued)
YEAR ENDED 31 MARCH 2025
In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the applicable Charities SORP;
-
make judgments and accounting estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue 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 at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. 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.
The trustees' annual report was approved on 29 January 2026 and signed on behalf of the board of trustees by:
Mr J Adler Trustee
- 3 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MENORAH HIGH SCHOOL FOR GIRLS
YEAR ENDED 31 MARCH 2025
OPINION
We have audited the financial statements of Menorah High School For Girls (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, statement of financial position, statement of cash flows and the related notes, 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 FRS 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:
-
give a true and fair view of the state of the charity's affairs as at 31 March 2025 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 with the requirements of the Charities Act 2011.
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.
- 4 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MENORAH HIGH SCHOOL FOR GIRLS (continued)
YEAR ENDED 31 MARCH 2025
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. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine 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 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
In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees' report.
We have nothing to report in respect of the following matters in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:
-
the information given in the trustees' report is inconsistent in any material respect with the financial statements; or
-
adequate accounting records have not been kept; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
we have not received all the information and explanations we require for our audit.
RESPONSIBILITIES OF TRUSTEES
As explained more fully in the trustees' responsibilities statement, the trustees 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 charity or to cease operations, or have no realistic alternative but to do so.
- 5 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MENORAH HIGH SCHOOL FOR GIRLS (continued)
YEAR ENDED 31 MARCH 2025
AUDITOR'S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS
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:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charity through discussion with the trustees and identified financial reporting legislation and charity legislation as being most significant to these financial statements.
We communicated these identified frameworks amongst our audit team and remained alert to any indications of non-compliance throughout the audit. We ensured that the engagement team had sufficient competence and capability to identify or recognise non-compliance with the laws and regulations.
We discussed with the trustees the policies and procedures regarding compliance with these legal and regulatory frameworks.
We assessed the susceptibility of the charity's financial statements to material misstatement due to non-compliance with legal and regulatory frameworks, including how fraud might occur, by enquiry with the trustees during the planning and finalisation phases stages of our audit. The susceptibility to such material misstatement was determined to be low.
Based on this understanding, we designed our audit procedures to identify non-compliance with the identified legal and regulatory frameworks, which were part of our procedures on the related financial statement items.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
-
Identify and assess 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 misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose 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 disclosures made by the trustees.
- 6 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MENORAH HIGH SCHOOL FOR GIRLS (continued)
YEAR ENDED 31 MARCH 2025
-
Conclude on the appropriateness of the trustees' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
USE OF OUR REPORT
This report is made solely to the charity's members, as a body, in accordance with section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charity's members 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 members as a body, for our audit work, for this report, or for the opinions we have formed.
(c DocuSignedBC6977A458CD499... by: Cohen Arnold Chartered Accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 0PU
29 January 2026
- 7 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 4 | 1,388,657 | 2,000 | 1,390,657 | 1,246,538 |
| Investment income | 5 | 11 | – | 11 | 1,020 |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ----------------------------------------------- | ||
| Total income | 1,388,668 | 2,000 | 1,390,668 | 1,247,558 | |
| =============================================== | ========================== | =============================================== | =============================================== | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | (1,366,129) | (2,000) | (1,368,129) | (1,382,261) |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ----------------------------------------------- | ||
| Total expenditure | (1,366,129) | (2,000) | (1,368,129) | (1,382,261) | |
| =============================================== | ========================== | =============================================== | =============================================== | ||
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ----------------------------------------------- | ||
| Net income/(expenditure) and net | |||||
| movement in funds | 22,539 | – | 22,539 | (134,703) | |
| =============================================== | ========================== | =============================================== | =============================================== | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 19,957 | – | 19,957 | 154,660 | |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ----------------------------------------------- | ||
| Total funds carried forward | 42,496 | – | 42,496 | 19,957 | |
| =============================================== | ========================== | =============================================== | =============================================== |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 11 to 15 form part of these financial statements.
- 8 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
STATEMENT OF FINANCIAL POSITION
31 MARCH 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Current assets | ||||
| Cash at bank and in hand | 51,496 | 28,507 | ||
| Creditors: amounts falling due within one year | 11 | (9,000) | (8,550) | |
| ------------------------------- | ------------------------------- | |||
| Net current assets | 42,496 | 19,957 | ||
| ------------------------------- | ------------------------------- | |||
| Total assets less current liabilities | 42,496 | 19,957 | ||
| ------------------------------- | ------------------------------- | |||
| Net assets | 42,496 | 19,957 | ||
| =============================== | =============================== | |||
| Funds of the charity | ||||
| Unrestricted funds | 42,496 | 19,957 | ||
| ------------------------------- | ------------------------------- | |||
| Total charity funds | 12 | 42,496 | 19,957 | |
| =============================== | =============================== |
These financial statements were approved by the board of trustees and authorised for issue on 29 January 2026, and are signed on behalf of the board by:
(S by:
Mr J Adler Trustee
The notes on pages 11 to 15 form part of these financial statements.
- 9 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
STATEMENT OF CASH FLOWS
YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net income/(expenditure) | 22,539 | (134,703) |
| Adjustments for: | ||
| Other interest receivable and similar income | (11) | (1,020) |
| Interest payable and similar charges | 3,097 | 2,074 |
| Accrued (income)/expenses | (300) | 1,500 |
| Changes in: | ||
| Trade and other creditors | 750 | 2,850 |
| ------------------------------- | ------------------------------------- | |
| Cash generated from operations | 26,075 | (129,299) |
| Interest paid | (3,097) | (2,074) |
| Interest received | 11 | 1,020 |
| ------------------------------- | ------------------------------------- | |
| Net cash from/(used in) operating activities | 22,989 | (130,353) |
| =============================== | ===================================== | |
| Net increase/(decrease) in cash and cash equivalents | 22,989 | (130,353) |
| Cash and cash equivalents at beginning of year | 28,507 | 158,860 |
| ------------------------------- | ------------------------------------- | |
| Cash and cash equivalents at end of year | 51,496 | 28,507 |
| =============================== | ===================================== |
The notes on pages 11 to 15 form part of these financial statements.
- 10 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2025
1. GENERAL INFORMATION
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 105 Brook Road, Dollis Hill, London, NW2 7BZ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in Sterling which is the functional currency of the charity.
The charity meets the definition of a public entity under FRS102.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
There are no judgements, estimates and assumptions that affect the amounts reported.
Fund accounting
General unrestricted funds comprise the accumulated surplus or deficit on income and expenditure account. They are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity.
Restricted funds are funds subject to specific restricted conditions imposed by donors. There are no restricted funds as at the Balance Sheet date.
Designated funds are funds which have been set aside at the discretion of the Trustees for specific purposes. There are no designated funds as at the Balance Sheet date.
Incoming resources
These are included in the statement of financial activities (sofa) when:
-
the charity becomes entitled to the resources;
-
it is probable the charity will receive the resources; and
-
the money value can be measured with sufficient reliability
- 11 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
3. ACCOUNTING POLICIES (continued)
Resources expended
Expenditure is charged on an accruals basis, inclusive of VAT which cannot be recovered and allocated to the appropriate headings in the accounts.
Governance costs
Governance costs are associated with the governance arrangements of the charity and relate to the general running of the charity. These costs include audit, legal advice for Trustees and costs associated with meeting constitutional and statutory requirements such as the cost of Trustee meetings and the preparation of the statutory accounts.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
4. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2025 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 122,863 | 2,000 | 124,863 |
| Parental contributions | 1,265,794 | – | 1,265,794 |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | |
| 1,388,657 | 2,000 | 1,390,657 | |
| =============================================== | ========================== | =============================================== | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 76,467 | 10,550 | 87,017 |
| Parental contributions | 1,159,521 | – | 1,159,521 |
| ----------------------------------------------- | ------------------------------- | ----------------------------------------------- | |
| 1,235,988 | 10,550 | 1,246,538 | |
| =============================================== | =============================== | =============================================== |
- 12 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
5. INVESTMENT INCOME
| INVESTMENT INCOME | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2025 | Funds | 2024 | |
| £ | £ | £ | £ | |
| Bank interest receivable | 11 | 11 | 1,020 | 1,020 |
| ================ | ================ | ========================== | ========================== | |
| EXPENDITURE ON CHARITABLE | ACTIVITIES BY FUND TYPE | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2025 | ||
| £ | £ | £ | ||
| Grants to institutions | 1,361,029 | 2,000 | 1,363,029 | |
| Support costs | 5,100 | – | 5,100 | |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ||
| 1,366,129 | 2,000 | 1,368,129 | ||
| =============================================== | ========================== | =============================================== | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2024 | ||
| £ | £ | £ | ||
| Grants to institutions | 1,364,511 | 10,550 | 1,375,061 | |
| Support costs | 7,200 | – | 7,200 | |
| ----------------------------------------------- | ------------------------------- | ----------------------------------------------- | ||
| 1,371,711 | 10,550 | 1,382,261 | ||
| =============================================== | =============================== | =============================================== |
6. EXPENDITURE ON CHARITABLE ACTIVITIES BY FUND TYPE
7. EXPENDITURE ON CHARITABLE ACTIVITIES BY ACTIVITY TYPE
| Activities | ||||
|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||
| directly | Support costs | 2025 | 2024 | |
| £ | £ | £ | £ | |
| Grants to institutions | 1,363,029 | – |
1,363,029 | 1,375,061 |
| Governance costs | – | 5,100 |
5,100 | 7,200 |
| ----------------------------------------------- | -------------------------- | ----------------------------------------------- | ----------------------------------------------- | |
| 1,363,029 | 5,100 |
1,368,129 | 1,382,261 | |
| =============================================== | ========================== | =============================================== | =============================================== | |
| AUDITORS REMUNERATION | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Fees payable for the audit of the financial | statements | 5,400 | 4,200 | |
| ========================== | ========================== |
8. AUDITORS REMUNERATION
9. STAFF COSTS
No salaries or wages have been paid to employees during the year.
10. TRUSTEE REMUNERATION AND EXPENSES
There was no remuneration paid to the trustees. The charity did not meet any individual expenses incurred by the trustees for services provided to the charity.
- 13 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
11. CREDITORS: amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade creditors | 3,600 | 2,850 |
| Accruals and deferred income | 5,400 | 5,700 |
| -------------------------- | -------------------------- | |
| 9,000 | 8,550 | |
| ========================== | ========================== |
12. ANALYSIS OF CHARITABLE FUNDS
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | At 31 March | |||
| 1 April 2024 | Income | Expenditure | 2025 | |
| £ | £ | £ | £ | |
| General funds | 19,957 | 1,388,668 | (1,366,129) | 42,496 |
| =============================== | =============================================== | =============================================== | =============================== | |
| At | At 31 March | |||
| 1 April 2023 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| General funds | 154,660 | 1,237,008 | (1,371,711) | 19,957 |
| ===================================== | =============================================== | =============================================== | =============================== | |
| Restricted funds | ||||
| At | At 31 March | |||
| 1 April 2024 | Income | Expenditure | 2025 | |
| £ | £ | £ | £ | |
| Restricted Fund | – | 2,000 | (2,000) | – |
| ================ | ========================== | ========================== | ================ | |
| At | At 31 March | |||
| 1 April 2023 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| Restricted Fund | – | 10,550 | (10,550) | – |
| ================ | =============================== | =============================== | ================ |
- 14 -
Docusign Envelope ID: 1D03D7B4-CFC8-4AC2-B02D-D0A43F5D1A34
MENORAH HIGH SCHOOL FOR GIRLS
NOTES TO THE FINANCIAL STATEMENTS (continued)
YEAR ENDED 31 MARCH 2025
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Current assets | 51,496 | 51,496 |
| Creditors less than 1 year | (9,000) | (9,000) |
| ------------------------------- | ------------------------------- | |
| Net assets | 42,496 | 42,496 |
| =============================== | =============================== | |
| Unrestricted | Total Funds | |
| Funds | 2024 | |
| £ | £ | |
| Current assets | 28,507 | 28,507 |
| Creditors less than 1 year | (8,550) | (8,550) |
| ------------------------------- | ------------------------------- | |
| Net assets | 19,957 | 19,957 |
| =============================== | =============================== |
14. ANALYSIS OF CHANGES IN NET DEBT
| At | At | |||
|---|---|---|---|---|
| 1 | Apr 2024 | Cash flows | 31 Mar 2025 | |
| £ | £ | £ | ||
| Cash at bank and in hand | 28,507 | 22,989 | 51,496 | |
| =============================== | =============================== | =============================== |
15. RELATED PARTIES
Grants to institutions includes £770,532 (2024: £766,197) paid to The Menorah High School For Girls Foundation Trust which has common trustees with the charity.
Charitable donations include £5,200 received from a trustee.
No other transactions with related parties were undertaken such as are required to be disclosed under FRS102.
- 15 -