REGISTERED COMPANY NUMBER: 04443267 (England #nd Wales)
REGISTERED CHARrrY TrlUMBER.. 1095796
TRUSTEE
' REPORT AND
AUDITED FIL¥ANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2024
FOR
YAVNEH FOUNDATION TRUST
A COMPAIYY LIMI'I"kD BY GUAIL4N'fEE
Sieiii Richards
Chariered Accounlantg and Sta￿l0ry Audilor
10 Londoii Mews
Paddinglon
LONDON
W2 114Y

YAVSYEH FOUNDATION TRUST
TRUSTEES, REPORT
FOR THE YEAR EIYDLD 31ST AUGUST 2024
The trlislees wlio urc a15() dircLlor5 of Yavneh Foiindation Tnist (Ibe charitablc con)p8ny) for the purposcs of the Companies
Act 2006, present Ihcir i'eporl ii'iih the financial slaienienls ofil)e Charity for the year ended 31 Aug¢isl 2024.
Tlie tnist¢¢s Iiav¢ adi)i)led Ilie piovisionb of Aeeoiinling and Repoiliii¥i by Cliarilies.. Stateniei)t of R¥Lominended Practice
applicablc to chai'ilies pr¢paiiiig iheii. accounts in accordance wlth thc Financial Reporting Siandard applicablc in the UK
and Rcpiibli¢ (It Ir¢land IFRS 102) (efteclive l J&vtiiary 2019}.
OBJfi CTIVES AND ACTIVITIES
ObjectlVLS lind aLtSvStSes for tlie public benefit
Tlie Charity's principal activity is Ihc udvancemcni of religious and secular education.
The objccls of the Charily nre to ¥tpply the Charl￿S funds und incom¢ theTeof for such Cl￿nIable purposes ¢onneclcd with
Yaviich College Acadeiny I'rust IYCAT) Ilie triislecs shall from liine lo tiin¢ delennine and primurily for the
moinlcrtaiice und siipport of YCAT.
Th¢ Ii'iisl¢es Lonfirm ihal they hnve r¢f¢￿ed lo the guidance ¢oniAined iii the Cllarily Con)mission's geiieral giiidur)Lc un
public ben¢fit and iii parlicular lo 115 supplen)cnlary piiblic benefil 8uidan¢¢ on Jdvancii)g education ivlicii reviewing Ilie
Cliai'ily's ainis aiid objcclivcs aiid in planning fuliwe aclivili¢$.
S'I'IIATEC.IC REPORT
Achlevemcnt Aiid p¢rformaftce
Cl)Mrilable aLlivities
The Cliarilable ilctivity is Ili¢ pivvibion of fiinding lo assist the advanccmciil Of religioiis and seculur cducalion.
Thc Churiiy made contribiilions io Yavncli C(bllege Ac¥demy Trust (YCAT) of £1,202,517 (2023: £1,155.608) which
relalr(I Iv voliinlary donation5, Yavneh Givin&i, ITI order 10 SilPPOrt Ilie pupil8' foni)Jl and inlomial Jewisli Stiidies, learning
pi'o¥i'4iiiiiies and sccurity costs.
I diieatlon performance
At Yavneh Collegc. GCSE and A Level resiilts for the siimincr of 2024 iver¢ awArd¢d by ivay of piiblic cxaminuiions. The
resLilrs iverc 01118tandin¥ iviil) 85 % ol piipils bein¥ award¢d 8 Lil'dde 5 or above in English and Mail)s al tli¢ ¢tid of Ks4. The
piogi'¢ss 8 scor¢ was 0.97. and the Atlaitunciit 8 Score is 61.62 ai KS4.
In YAviieli Primaiy School. 930/y of pupils achicvcd the required standard in KSI Phonic5 Tesis.
Flnoncial rei'ieiy
Flnaiicixl posiilon
Tl)e tinancial stalcincnls 81)oiv Ihe lolal incon)ing rcsourc¢s f(?r il)¢ year of £1,213,279 (2023.. £1,456,582). Tlie prin¢ipal
8oul.ces of iii¢oin¢ ur¢ voluntary donations and graiils received as shoivn ui)der Notes 2, 3 aiid 4 of the fiiiai)cial slalemei)Is,
Tlie balance shcet sl)OWS satisfactory position iviih undistributed funds amounting to £493,829 (2023.. £839.134). TIIC
i'es'li'icied fuiids lolalliii&i £237.037 (2023-. £588,502) for particular projects or a¢tivities are sel out and explained tn Note 13
of the tinancial stalenienfs.
Investment policy And objecllves
T]ie Cllai'ity is Coininitted lo meeting the funding Tequiremenls of YCAT lo enable it to continue to provide a lligli standard
of rclig¥ioiis and secular ¢ducalion.
Resei've5 poIi¢y
The Inislees do not maintain a reserves policy and monitor available reswrccs a¥ apprvprial¢.
Page I

YAVNEH FOUNDATION TRUST
TRI),S'I'F.F.S' REPORT
FOR THE YEAR Ef*DED 31ST AUGUST 2024
STRA TEGIC REPORT
Flnaneiol Yevleiv
Golllg cojicer
Alier Inaking appr(Jpriale enqi)iries, Ilie Inislees have a reasonable expcclali(In thdl Ihe c.harity lias adeq1￿1¢ resources lo
coiitiniie in operational existei?ce for the foreseeable fuDJFe. For tliis reason, it continues to adopl the going cot)ceTn basis iii
prcpai'in&T Ihe financial slalemeiils.
Prlnelp#l rlsks And uiitertalntles
The ChAI'ily has seeii a decrease in Yavn¢li Giving (voluntary doiialions). The Inistees of Ihe Cliarity alon¥ wilh Ille I￿81eeS
of YCAT have beeli working to ij)crea￿ the level of donations.
The trustees together witli rhc 5cnior Iclldcrs of YCAT continually review the financial position of tlic Cliarity, and ihe Chair
of Yavn¢h Foiindalion Trust rcLCiVCS moi)tl)ly Lasli floiv slalemenls whicli are inoni1o￿d #l regular Inistee ineetillgs.
itttiire plans
The triistees coiilii)u¢ to u¢liv¢ly work Iv maintain and develop the etlios of ili¢ Iwo Ydvneli Schools and io appoint Ilie
n)ajority of iriislees of YCA T. T]i¢y al'e also responsible for fundrdising, working logeiher willi ihe Itwlees of YCAT and
anagc Ili¢ Loll¢¢tion (If Yavn¢li Giving.
STRIJCTUIIL, GOVLRNANCL AND MANAGEMENT
Governlng docuiiient
Tlie organisalion is a cl)aritable coii)pany liiiiited by guardntee, incorpornlcd on 21 May 2002 and regisl¢i'¢d Js n Chol'ity on
21 May 2002. Tli¢ Cliarity W¢iS ¢¥lablisli¢d as Ihe Herfsmere Jewisli Higli Schuol Ti'iist attd later changed ils name lo
Yavncli Collcge Ti'usl 01) ?0 Mar¢li 2(K16 and Iheii lo Yavncli foundalion Tru81 on 16 Jun¢ 2015. Tl)¢ Cliai'ity ivgs
eylablished iindei. a Memorandiim of Associaliun thdf Cstdblislied Ihe objecis and powers of the Churilable Coiiipany and 15
governed linder ils Meiii()randiiiii and ArtiLl¥s ol'AbS0¢ialion.
ReLrultmcnt And Rppoinlmcnt of Trciv trMstee5
Tlie Dii'ectors ot. Ilie Cliai'ity are also tr1151ees for Ilic pU￿oSe of Charity law and und¢r ilie Charity'% Articles of Association
are known as m¢mbei's ol. the Maiiagemeiii Con)miiiee. The power io oppoint ii¢w biisl¢¢s is ve$led in ihe conliniiing
Iriislee5. Undcr th¢ rcqiiir¢ni¢nlb uf the Memorandiin) and Ailicles of A&%oLIAlion the Iruslees ale elected lo serve iii)lil
they i'¢sigii. At #ll liii)¢s tliei'¢ lias io be a niinin)um of Ihit¢ trnstces.
Inlliiction and trainiTrg of neiy triistees
Followin&. Jppointmenl, new Iriislees are intr(Klucd iv tli¢ir n¢w role ￿}d given copies of Il)e trust dccd Jnd # giiidc to tlie
policies and proG¢diires udopl¢d by Ilie Chai'ily. A niimber of publications froin ille Cl)arity Con)n)issioi) are also provid¢d
iiicliidiiig the guidai)ce oil charllies and public bcncfit ¥nd on th¢ advancenienl of educalioii for piiblic bencfil. This
cnsiiit& Ilial new tnislees are all'arc of Ilic %cc)pc uf Ihcii. rcsponsibilities iulder (lie CliaTltics Acl.
RelalL,d
Tlie following entities are related parlies to (he Charity (scc Nolc 14):
Yavneh College Acadeiiiy 'fnLsI- A rcbtrislci'¢d charily in ivhich tliere are certain frtislvcs who a￿ also Iruslees of Ilie
Charity namely Mr Mi¢l)a¢l Fir¢ston¢ (resigned 7 Oeiober 2024), Mr Ricllard Gilbert and Mrs Roz Levin.
Risk ni4nngenient
The tiiistees arc rcsponsible for the overseeing of the risks fac¢d by ili¢ Chdrity. Risks are ideiitified, assessed alld conts'ols
eslablislied Iliroiigilii>iil tl)L year. A fornial review of Ilie Cliarity's risk mana¥¢menl process is undertaken on an annual basis.
Thc trustees 1)ave Conducted a review of th¢ niajor risks lo ivhich ihe Charity is exp05cd, in particular tl?0se relating to its
operations and tinan¢¢s and are salisfied Iliat syslcms are in place lo mitigate exposure to the major I'isks.
Page 2

YAVJNEH FOUNDATION TIIUST
TRUSTEES, REPORT
FOR THE YEAR LNDLD 31ST AUGUST 2024
REFfRfiNCE AND ADMINISTRATIVE DETAILS
Registei'ed Conipxny number
04443267 {En&Fl<111d uiid Wales)
Re#istei'ed Cliai'ity number
1095796
R¢gtsteri.d i)ffice
l O Loi)don Mews
LONDON
W2 IHY
Trugtces
Mr5 S Nyinaii {rcsigned .311512024)
B F. Pcrl (r¢sigFncd 221512024)
J S Reback (resigned 41312025)
Ms J Gros¢
Mi's S P Isaacs (rcsign¢d 2511112024)
Rabbi A Chapper
M Firestone (resigned 711012024)
R M Gilbert Cliair
Mr& R Levin
J Pyzer {appoiiited 51312025)
Mr¥ C Goldstein (appointed 41212025)
Comp8iiy SecretAry
Ms 1.1 Frasci.
Audltors
Stein Richards
Chuitcrcd AccoLinlants and Sratiitory Auditor
10 London Mew
Paddii)gton
LONDON
W2 IHY
Baiikers
Lloyds TSB Bank
296-302 Higpli Holborn
Londoii
WCIV 7JH
STATEMENT OF TRUSTKES, RESPONSIBILITIES
Tlie Irust¢¢s (wlio are dlso Ilie directors uf Ymyneh Fuuiidalion Trusi (or the pU￿OseS of company laiy) al'e responsible fTrr
pr¢pai'in8 th¢ Trusle¢s' R¢porl and the finaiicial slatemenls li) accoi'dance wilh applicable law and United Kingdom
A¢¢oiinling Standards (United Kingdon) Generally Accepled Accouniing Practice).
Page 3

YAVNEH FOUNDATION TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 31ST AUC.UST 2024
STATEIMENT OF TRUSTEES, RESPONSIBILITIES- coM¢lniied
Coinpany law reqiiires (lie trusiees lo prepare Iinancilil slaten?enls for each fjnancial year ivhich give a triie and fail. vi¢w of
the stale of affairs of Ihc charitable company and of tl)e incoming rcsourccs and dpplicalion of resources. incliiding the
incojiie and expenditure. of Ilie cliarilable conipaTry for ihal period. In preparing 11105e financial slalciDcnts, Il)e tyuslees arc
i'equii'cd to
select suiiablc ac¢ounling policics and then apply ihcm consisteiitly;
obseive t￿e incthuds and principlcs iii the Charity SORP.
Inake jLidg¢iiieiils aiid ¢bliin#les Il)al are redsunable and ptudenl.
PI'¢Pgrc th¢ fiiian¢ial sldt¢n)¢i)ts on the going con¢¢rn basis unl¢s¥ il is inappropriate to presume that thc chai'ilable
eoinplliiy will ci)iiliniic li) business.
Tlie li'iislees air r¢sponsible foi. keeping proper ac¢ounting records which disclose ivitkn r¢asonabl¢ t&￿t1￿cY at any liine the
rinancial posilion of the eharilable comparty and (o enable Ilieni lo ensiire that Ilic financial slalciiicnlts ¢()kMply willi Ihe
Conipanies Act 2006. Thcy arc also Tcsponsiblc for safeguurding ihc asseis of the charitable company and hence for lakin8
I'easonable slepb for Illc picvciiiion yn(I dclcclivn of fraiid i)n(l oihcr ii'regulai'ilies.
In so far as tl)c Irustc¢s ar¢ aware..
tli¢r¢ is no relevbnl audif inforniulion of whickn thc cbarilablc conipaiiy's Avdirors are unaware. and
Ilie Inislees liavc laken all slcp.8 Ilial th¢y oiiglil lo liavc taken to inake themselves aware of any Televant aiidit
inforiiiation and lo establish that Ilie Audiiors are aware of tllai infornialion.
AUDITORS
Thc aiidilvrs, Sieiii Richar<ls, will be propobed for r¢-appoinlmenl al the forthcoming Annual G¢Jierul Meeting.
Trustees, reporl, incorporaling a strategic report, approvcd by ordcr of Ihc board of trustees. as ihe coiiipany dii'¢¢loi's. on
21 st May 2025 and signed on the board's belialf by:
R M Gilbei'l - Tiuslee
Page 4

REPORT or THE INDEPENDENT AUDITORS TO THE MEMBERS OF
yAV￿,￿.}I FOUtIDA'I"ION 'I'RUST
Opiiiioii
We liavc aiidiled lh¢ tinancial slaletii¢nl% of Yavn¢h Foundation Tn￿1 (the 'charitable coimpany) for the yeai. ended
315t AiigLlSt 2024 wl)ich compi'ise Ilie Slalemenl of Financial Activiiies, the Stalcmcnl of Finaiicial Position, Ihe Statement
of C4511 Flows and notes to the finallcial staiemeiits, llicliidiDg a sumillary of sigiiificant accoui)ting policies. Tlie financial
reportiiig fi'aniewoi'k th¢lt lias been ¢tpi)lied iii tl)eir pi'epardlion is applicable law and United Kingdom ALcounling Siandards
(Uiiited King(lom Genei'ally Accepted Accounling Practice}.
li) our opinion the financial statements:
give ¢1 li'u¢ and t.air view of the slale of Ihe charitable company's affairs as at 3 Isl Au&rust 2024 and ot ils incoming
rcsoiirccs and applicalion of resources, incliiding its iii¢om¢ aiid exp¢ndilure. for ihe year then cnded.,
havc becll pi'vperly pi'epared iii ti¢cord31)ce iviih United Kiiig(lom Geiiei'ally Accepted Accounting Practice; and
l)ave been pi'Lpaied in accordance iviih Ilie reqiiircmenlg ol'ihe CornpttniLs Ael 2006.
Basls for oplnion
We conducted our audit in occordan¢¢ with Inl¢riiationo1 Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our
responsibilities Lindcr those s141ndaids are liirther described in the Aiiditoi's. responsibilitlcs for tbc uudil of Ilie financial
slalemenls section lif oiir r¢i)Iirl.
WL. are inclependenl of Ilie chariiable coinp&ny li) accoi'd#n¢¢ iyiih tlie eiliical
I'cquii'cInciils that are relevant lo our audii of the financial slatemeiits ITh ihe UK, includiiig th¢ FRC'.4 Iihicul Siaiidard, and
Ive Iiavc liilfill¢d uiiy oihcr eihi¢al responsibilities in accordance wilh Iliese requircinLnls. We believe Ihat the audit
cvidencc we liave obtained is siiljJ¢ieiil aiid appropriate to provide a basis for our opinion.
Concliision5 1'Llglin¥ to going ¢on¢¢rn
In audiling the fii)aiici81 stateiii¥t)ts, we have concluded that tli¢ truste¢s' us¢ of th¢ going Concern basis of accounling in the
pr¢paTllliurt ot"Ilie tinancial stalLinenls is appropriate.
Base<l on the ivork we llave pcrfonncd. wc littve nol idenlified any nial¢rial iincertainlies relating lo cvenls or Lonijilions
Ilial, individually oi. ¢oll¢¢lively, niay cast significanr doubi 01) the charilablc company's ability 10 eoniirtue as a goiiig
conccrn for a i)ei'iod of at leasl twelve n)onths from when Ihe financial sloiemcnlb air ¢iiiihoi'ised for issiie.
Oui. i'esponsibilities and the responsibilitics of Ihc InL¥lcey with respeci to going concern are de5crib¢d in Ihc rcl¢vanl
seLlior)s of this report.
Otlier Inforinalioii
Tl)c IruslL'es are respoiisibl¢ for Ili¢ oilier iiilorm8liun. The oiller inloimalion comprises Ilie infoniiatioii includcd in th¢
Ai)iiuo1 Report. othcr thai) Il)e fiiiaiicial stuieiii¢i)ts ai)d our R¢pori of ihe liidLpendeiii Audilors Ihercoii.
Oiir opinioi) on Ilic financial slalenienls does not cover ihe oiher infornialion 811￿ ¢x¢¢pl lo tlje extent oiliei'ivise explicitly
slal¢d in oiir rcport, wc do nul expr¢s¥ any forn] of assiirance conclusion tliercon.
In conii¢ctioii with our audil of the f￿ancIal slalcmcnt5, oiir responsibility is to read the other information and, in doiihg 50,
consid¢i' wlieilier (lie oilier inforilialioii is matcridlly inLonsislent with the financial slal¢i))¢nl.s or Diir kiiowl¢d&•¢ obtained in
tlie oiidit or othciTrvisc appears to be niaterially rnisstaied. If we idci)tify such materiol iiiconsisleiicies or appai'enl iliatei'ial
misslal¢i)i¢iils, we are required lo de¢erniine wheili¢r this givc% ris¥ lo a niaterimj misstalement in ilie financial stateinents
tlicmselve8. If, based oil tlie work we havc perfomicd. we conclude Ihal there is a nialcrial inisslalemenl of Illi5 ollier
infoi'niation, we are irqiiiicd to report that fact. W¢ have nothing lo rcport in this rcg#rd.
Opinioii¥ oil other Inatters prcscribed by the Conip9nles Act 20116
In oiii. opiijioii, based on tlle work uiidcrtdk¢ii in tlhe Col￿Se ol Ihe aiidil:
tlie iiiforination given in the TnT5tees' Report for ihe financial ye3r for which the financial statements are prepared is
consislcnt witli Il)e fill￿}Cial statements. and
Ilie Truble¢s' Report has been prepared iii accordancc wilh applicable legal requirements.
Page 5

REPORT OF THE INDEPF.NDF.NT AUDITORS TO THE MEMBERS OF
I'AVNEH FOUNDATION TRUST
Mattei'.% ivhich we are reqvlred to report by exception
Iii Ilie liglit of Ilie knowled8e aiid understandÉng of the ¢harilable company and ils environm¢nl obtaincd in tl)e course of ihc
audil, we havc not É(leiilified malcrial misslat¢iiients in the TDJStCC5' Report.
We have nothing to i'eport in respect of the followillg mallers wherc the Cornpanies Act 2006 l'eqiiiros us lo repoi't to you if,
in our opinion..
ad¢quate accounting records liave not been kcpl or re￿rnS adequate for our audit havc not been received fi'oin braTh¢hes
nol visil¢d by us. or
tlic financial slatenients arc not in agreeinenl witli the accounting records and retums: or
certain disclosiii'es of1Yiist¢¢s' retniirteraiion specificd by law ar¢ iiol made. or
w¥ liave not receivcd All Ihe information and explll nalions we require for our audil.
Rc5PDnslbllltles off tJ'uste¢s
As expla7ned iiiore fiilly ii) Ilie Statement of TrUstcC￿, Ilespoiisibilities. th¢ ttuslees (who are also ihe diTectors of il)e
Lhai'ilable company for the piiry)oses of Loiiipany l#w) ure responsible fui. Ihc preparaliun of ilie financial stJt¢meiits and for
bcingy salislied Ilial Ilicy bFiV¢ 3 Iiiie and fair vicw. aiid for such inleriial conlrol as the Ini8l¢es delerminc 15 iiecessary lo
¢Tiable the prcpai'alion of financial sthlcnicnls Ilial al'e free from niaierial n)i8slalemenl. wliether due lo fi?ud or ¢nor.
In i)repa¥it7g Ili¢ fii)ancial staicincnrs. Ilie Irusl¢es are responsible for assessing Ilic cliaritable company's ability lo continue
as a going LOI)¢ein. dis¢losing, ds applicable, Inatlers rcldfcd to going conccin and using thc goiiig ¥onc¢rn basis of
a¢Luui)liiig iinles% Ihe Iriislees vitliei intend lo liciiiidaie ili¢ charilable Lompany or io cease operaiioiis, or have no realistic
altei'nalivc bul to do so.
Oui. re¥ponslbilitie5 roy Ilie aiidit o( the finallci#l slatements
Our objcLlives #i'e lo obtain r¢dsoiiable assuyance about whether Ihe financittl slalen)enls as A ivhulL are free from mal¢rial
misslaleii)ei)t. whciher due io fraiid or error. and io issue a Report of ili¢ Independenl Audilofs tli81 includcs our opinion.
Reabonablc 4lS511rance is a high level of assiirance. biit is not a gL1411'411)t¢e that an 4jiiJit LondiiLled in a¢¢oi'dance with JSAS
(UK) will #lways detecl a n)aleri#l ii)isslaten)¢iil ivl)¢n il exisis. Misstalcmcnls can arise froi)I Iraud or errol. and are
considei'ed n)atei'ial if, individiially or in the aggreLiat¢. they could reasonably be cxp¢cled lo influeiicc Ihc ccoi)omi¢
dcLi$ions ol. Iiser5 Idkcn un Ihe basis of Ill¢￿ finilnLial sialemenls.
The ext¢nt lo ivhich oiir proccdurcs are c&1)able of dctccling ir￿gI11&r1fIcs, including fraud is detailed beloiv..
Ii'iE8iilaiities, including fraud are inslaiices of Thon-coiiipliaiice wilh laws and regulatio1￿. W¢ designed proccdurcs ii) lil)¢
will) oiir responsibilities oiiilined abovc. lo detecl mot¢Tial 1ni58lilemenls in r¢.%peci of irtegularilics, in¢liiding fi'aiid.
Aiidit proL¢diir¢s iindei1llkcn in response lo tl)¢ putential risks relating io I￿gI11￿ri11¢s Iwl)ich incliidc fi#Eid and
n()i)-conipliaii¢¢ wilh laws and regulalicins) Loiiiprised of.. inqiiiries ofmangg¢iiienl and ihose cliarged with govemance as to
whethci. the Chtsi'ity compli¢s with SLich laws and r¢giilations- enquiries with the sanic conceinin&' any a¢tuol oi. poleiitial
liligalii)n or claim5. inspcLtiun ol. relevaiit legiil correspondencc; revieiv of Mislecs minules; testing Ilic approprialeness of
ciiiries in thc noiiiiTial l¢dger, iiicludiA)g jounial eiitries- rcviewing transactioiis aroLind Ihe end of lh¢ r¢poi'lii)g pei'iod; aild
the i)ei'fonnanLC of Analytical procedurcs lo idenlify iincxpected nioveinenls in acco¢ini balaDces wliich Inay be indicativc of
rraud.
No instances of ii)ul¢riiil non-cotnplianc¢ iver¢ iderÈlified. Howeyer. Ilie lik¢lil)oi?d of delecling irr¥8ulai'ilie5, incliiding
fi'aiid, is limited by Il)c inl)erenl ditriculty in delecling irrcgularilies, Ilie effcclivcnesq of Ilie entity'5 Colitrols, and Il)e nahire.
liiiiii)g and ext¢nl of th¢ audit procedur¢s pejfomied. Irrcguliirities ihal rcsiilt from ftaiid niigl)I bc inh¢i'¢ntly rnoi'e diffiLult
to detect Élian irregiil&rities Ilwt T¢siilI tTom error. As explained al)ove. there is an iinavoidable I'isk that matei'ial
misslulem¢iits may not bc d¢tect¢d, even though the audit bcen plant)ed and perfonned in accordance with ISAS {UK).
A further description of our responsibilitics for the audit of th¢ financiul slal¢n)¢nts is located on the Fiiiancial Rcporting
Coiii)cil's website ill www.fTC.org.uk/audtlorsr¢sponsibilities. This description fomis part of our Rq)ort of the Independent
Aiiditors.
Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
I'AVNF.H FOUP*'DA TION TRUST
Use of our report
T]iis i'eport is made 501cly lo tlic chaiitablc company's mernbcrs. as a body* in accordaJi¢e ivitli Chapter 3 of Part 16 of tlie
Cotnpanies Act 2006. audit ivowk has bccn undei1akcn so tl)at w¢ Iijigiht state 10 Ilie cliarilablc con)pai)y's iiieinbeis
Ili()s¢ in#tl¢i¥ ￿ are i'¢qiiii'ed to slale to ih¢ni iii an Judilors, reporl and Eor iio oilier piirpose. To tl)e liillesl exlenl pemiilled
by laiv, we do not a¢¢epl or assiime responsibiliry lo anyone oih¢r than the chariiablc company and the charitable ¢ompuny'8
illctnbers body, tiTrT UIIT audil work. I'or this r¢purt. or lor ih¢ upinions we have forjjied.
Robei'l Ni,%s¢n F.C.A. (Senior Siatulory Auditor)
for and on behalf of Sleiii Richards
Ch(Irl¢i'ed Accoiiiilanls and Siallilory Aiiditor
l O Londoii Mews
Paddingtoii
LONDON
W2 IHY
2151 May 2025
Pag¢ 7

YAVNEH FOUNDATION TRU,ST
STATEfvIENT or FtNANJ CIAL ACTIIIITIF.S
INCORPORATIING INCOiIIE AYD EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31ST AUGLST 2024
31.8.24
Totgl
funds
31.8.23
Tolal
nds
UDreslricled
fiind
Re5trictcd
fimds
Notcs
IF4COME AND ENDOWMENTS fROM
Donations and legacies
6.160
891,439
897,599
947,331
Cliarilablc Mctlvlties
Dei)artmenl ot Ediicaiiun
96,761
96,761
217,340
Other inci)iiie
218 919
218 919
421,911
Total
6,160
1,207,119
1213 279
14S6 582
I XPLNDITURE ON
ClIAritable actlvSt5es
Yaviieh Coll¢ge Academy Tiusl
YRvn¢h Fouiidalion TNst
1.$50,124
1,550,124
1,624,331
10,860
$58,S84
1558 584
1,635,191
NVT INCOMEI(EXPENDITURE)
6.160
(351,463)
{345,305)
(178,609)
CONCILIATION OF FULYDS
T(Ital funds broiighi fonvard
250,632
588,502
839,134
.017.743
TOTAL FUNDS CARRIED FORWARD
256 792
237,037
493 829
839,134
Tlie notes forn) part of thes¢ finanLial s141cm￿lIS
Pagc 8

YAVNEH fouNDATION TRUST
REGISTERED NUMBER: 04443267
STATEMENT or FINANCIAL POSITIOT4
31ST AUGUST 2024
31.8.24
Total
funds
31.8.23
Total
ruiids
Unrestricte(I
fund
Restticlcd
fiinds
Nolcs
FIXED ASSII TS
Tangiblc assets
io
25U,(M)iI
250,000
250,000
CURREI NT ASSETS
Debtors
Casli at bank
70,996
316,U64
70,996
322,856
68,047
835,259
792
6.792
387,060
3413.852
903,306
CREDITORS
Amouiils falling duc iviihin oi)¢ year
12
(150,023)
(150,023)
(314.172)
NET CURRENT ASSETS
237,037
243 829
589.134
TOTAL ASSETS LESS CUIiRENT
LIABILITIES
256.792
237,037
493,829
839.134
IYET ASSETS
256 792
237 037
493 829
839 134
FUNDS
13
Uiii'esti'icted fuiids
ReslKicled fiinds
256,792
237 037
250,632
588,502
TOTAL FUNDS
493 829
839.134
Tl)e linancial stwlemenls w¢r¢ Jpprvvcd and aiiihorised for issii¢ by Ihe Bo4rd ot Trustees and aiitllorised for issiie i)n
21st May 2025 aiid were sigiied on ils behalf by=
R M Gilbei'l - Tru$lee
Thc iiolcs forn) part of th¢se financial statements
Page 9

Y AVNEH FOUNDATION TRUST
STATEMEIN'T OF CASH FLOMIS
FOR THE YEAR ENDED 3 1ST AUGUST 2024
31.8.24
31.8.23
Notcs
C#sli floivs froni operatiiig attlvitles
Cash generated Ironi operalions
15
512,403
95,469
Net cash u5cd in operating actiiritics
512,4113
ChAng¢ In Cash and cash equiv41ent$ In tlie
repnrling pcriod
Casli Ind casli equlvilents at tl)e beginnlng
of tlie I'eportlng period
(512,403)
(95.469)
930.728
Cash and cash cqiiiv#len¢s at the end of the
reportiiig period
322 856
835 259
The notes fol￿ part of these fmancial bldlements
P&g¢ 10

YAVNEH FOUNDATION TRUST
NOTES TO THE FTNANCIAL STATEi¥.IENTS
FOR THE YEAR ENDED 31ST AUGUST 2024
ACCOUNTING POLICIEI S
Basis of preparing the financi#l s¢atemenls
Tl)e financial slatcmcnls of th¢ charitable ¢ompany, whtch is a public bencfil eiility imder FRS 102. 1)ave been
pi'epat'ed in accordance willi ihe Cl)arilic5 SORP (FRS 102) 'A¢¢outitin¥ and Reporting by Charilies: Staleinent of
Recon)mended Practice applicablc to ¢harilics preparing their aeeouiiis in accordance with the Financial Reportiiig
Slandllrd applicablc iii ihc UK aiid Rei>iiblii ol- Ireland {FRS 102} (effeclive l Jdniiary 2019),, Financittl Reporting
Slandai'd 102 'The Financial Rcporling SiandJrd applicable in Ilie UK and Republic of Ir¢land' 8nd die Compani¢s
Act 2006. Th¢ fin41u¢ial stat¢m¢nls have beeii pi'epareil under the historical cost convenlion.
Yav￿ch Foiii)daiion Tiusl constitutes M public bcnefit enlily as defined by FRS 102.
GoinE concei.
Tlie financial &tatenicnt¥ have bcen pi'epared on a going concern basis u5 Ihc Iriislees believe Iliat adequale casli
resolirces ivill bc availablc l() ¢aver I1)e Cl)arily's requiremenls lor working capilal ¢xp¢ndilur¢ low al least Il)¢ n¢xt
tw¢lvc nionilis froni ihe approval of these accounis.
Legal slAtiis of tlie chai'ilv
Tlie Cliartty is u coinp4111y liiiiited by g¥iiaranlee and has no sbar¢ capital. Liability of each trustee in tlie evenl of
winding-lip is liiiiiled lo £1.
Ineome
All inconie is reco8nised in Ihc St4tcm¢nl of Financial A¢tlVlli<8 once the charity has cnliilement lo the funds, il is
pi'objble Ihul Ihe income will be received and the amoiiiil can be ineasured reliably.
Thc fulluwin¥ spccific i)olicies are applied io porticiilar Categori￿ of income:
Graiils arc incliid¥d in tli¢ Siut¢iiienl of FinDI)cial Aeiivilies on a receivablc basis. The bolJn¢¢ of incot)i¢ I'eeeived
f(?r qi)cLitlL piiipo.%es bul nol expended diiring ihe period is shown iii Ilic rclevaiii liinds on Ilie Balance Sheet. Wl)ei'e
iii¢oIM¢ is received ii) advance of eniiilement of receipt. ils recu¥iiition is def¢￿ed and inclttded iii creditors as
defeiT¢d incomc. Wh¢r¢ ¢ntitl¢m¢nt O¢CLirs before ii)come is received, the incoinc is accrucd.
Voluniary iii¢onie is received by the ivay of donations is includcd in fiTII ii) the Siatemeiit of Finattcial A¢tiviiie$
wl)en i'eceivable.
Expendlture
Liabililies are i'ecognised as expeiidittire as sooii as Il)er¢ is a le¥&1 ur conslriictive obligation committing the Cliarity
lo that expendittiiT, it is probable tliat a tron5fer of economic benefils ivill bc rcquir¢d in s¢lll¢m¢nl aiid lh¢ amoiinl
ol ilie obligation can b¢ in¢#sur¢cl rcli8bly. Expendiliire is accoiiilled for on ail accriiii15 basi.s dnd l)as bccn clatssilied
ulldci. heL)dii)gs that hggregaie all Lost related lo Ihc calcEory. Where Costs cAiii)oi be diitcily allribuled lo pai'liculai.
h¢4dings they have been allocated lo aclivilie5 on a basis consisleiil will) Ihe lise ol'resoiirces.
All rcsuiirccs cxpendcil arc iiicliisive of irrecovel'able VAT.
Cliai'itable activities
Cliariiublc aLlivilies expciidititir includes all costs directly relating to the objcctivc of thc Charity and Ili¢ cobts
involved %1spporling that work.
Govei'nance costs
Govci'naiicc c05t5 relate to the cost of audit fees.
Tongible fiyed assets
Tlie tliT]gibl¢ fixed assets are held at C03t le&s accutnulated dcprecialivii Jiid in)painnent ¢harg¢s.
Pagell
contiiJLied...

YAVNEH FOUNDATION TRUST
NOTF.S Tn T7if. FINANCIAI, STATF.i¥.IENTS - continucd
FOR THE Y£IUi ENDED 31ST AUGUST 2024
ACCOUNTING POLICIES - eontÈnued
Tgngible fixed assets
Depreciation 18 pi'ovidcd Al the following annual rdles in order to wiite off the cost less estimated residiial valiie or
caLli as5cI uver ils estimated iisethl life.
Freehold property
2•/0 slralglit l•n¢
The IrLlStees deem thc rcsidiiJl Yalu¢ of the Freehold Property io bc ai least equivalcnt to ils cost and so no
depreciation lias been provid¥d.
TAxafion
Tile C.'liarity is exempi from Corporthtion Tax on its charilablc &clivilies.
Fund aceountlng
Unreslricled funds can bc used ii) g¢¢ordance iviih the chariiablc objcctives ai Ihe discrelioii of Ilie tl'LL%lees.
Rcstri¢l¢d fiinds clln only be used for particular rcslricled purposes iviihin Ihe objccls of Il)e cl￿1'1ty. R¢slriclions
arise wlien specified by Ihe donor or iyhcn fuIids ar¢ raised lor parliciilar rcsiriLl¢(i pU￿0$e8.
Fiirlhci. cxplanation of th¢ nature and purpose of cach fiind is included in the notes lo Ihc finai)cial slatenients.
Fin￿￿¢1#1 instriinients
Financilll in¥lnimenls are Ll<)ssified and a¢counl¢d for Js ¢iih¢r d¢bi inslmmenls or finan¥iul liabililies. Boih assets
and liobilities are all rtie8sured al amorlised cost.
DONATIONS AND LEGACIES
31.8.24
31.8.23
Donations
Gift Aid
784,368
113,231
820,194
127,137
897,599
947.331
In 2023 thc lolal ii)conie from donalions ond 8ifi Jid were lo restricted funds.
Page 12
continiied...

YAVNEH FOUNDATION I'RUST
NOTES TO THF FINAYCIAL STATEJTrlENTS - coiilinued
FOR TFIE YEAR ENDED 31ST AUGUST 2024
ItYCOMI FROM CHIIRITABLE ACTIVITIES
31.8.24
31.8.23
Activity
Deparlment ofiducalion
Grnnls
96.761
In 2023 ihe lolal incoI)IL froi)i Lhar&lubl¢ activities were to r¢stricted funds.
OTHER INCOME
31.8.Z4
31.8.23
Edii¢ational visils to Poland
Ediicational visit lo Isr41cI
Ediicalional visit lo Fraiice
86,369
81.320
340,591
J32.550
218,919
421911
CHARITABLE ACTIVITIES COSTS
Direct
Costs (se
nvlc 6)
Siipport
cosis Iscc
nol¢ 7)
Totals
Yavneh Collcgc ALadcii)y Tnist
Yuvnch Fuiii)dalion Trusl
,550,124
1.550,124
8.46
1 558 584
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.8.24
31,¥.23
EdLILalional visils lo Poland
Edu¢Jtionpl vi.$il to Isyael
F.diiLuliun1¢ I visit lo France
Siindry expen5CS
Conlribiilions lo YCAT
Doiiations in kind
Provision for bad d¢bts
85.U57
80,879
360,274
128,172
65
1,202,517
134,313
196
1,155,608
27,374
1.550,124
1624.331
lJ12023 11)e Lharilable aclivilies costs were froni restricted fvnds.
Page 13
conlinued...

YAVNEH FOUNDATION TRUST
OTES TO THE FINANCIAL STATEMENTS- (Trntinued
FOR THE YEAR ENDED 31ST AUGUST 2024
SUPPORT COSTS
Govei"nall¢e
Yaviieh Foimdalion TrLisI
8,460
Suppoi't Costs. included in tbe above, are as follows-
31.8.24
31.8.23
Yavnch
Fouiidation
Trust
Tolal
acliviiies
Aiidilors, reiniineralion
8,46
N[IT INCOMEI{EXPCI NDITVRE)
Nel iiiconiel(expendittire} is sialed after ¢hargingl(creditii)g)'.
31.8.24
31.8.23
Auditors, ren)Iineralioii
10,860
TRUSTEES, REMUNERATION AND BENEFITS
1.here iverc no trustees, rcinuncralion or oilier bcncfils for il)c ycar cndcd 3 1st August 2024 1)or for rf)c year ended
3 Isl Aiigusl 2023.
Tru8tees' expenses
Tliere were i)0 Iiuslees, expenses paiil for Ilie year ended 31 August 2024 nor for Ihe year ended 31 August 2023.
io.
TANGIBLE FIXED ASSETS
Fi'eehold
Prop¢rty
COST
Al Isl September 2023 and 31 sl Au8llSt 2024
250 000
NET BOOK VALUE
At 31 sl All￿151 2024
250 000
Ai 3 l¥t Aiigusf 2023
250,000
The Freehold Propety is occiipied by a rcsidenl sile manuger and caretaker of YCAT as parl of tlieir employment
agi'ecnicnt.
Page 14
conlinued...

YAVNEH FOUNDATION TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR TIIE YEAR LIYDLD 31ST AUGUST 2024
DEI BTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24
31.8.23
Other debiors
Prcpayimenls ¢ind aclrued income
63,530
61,069
6,978
68,047
12.
CRCI DITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24
31.8.23
Trade L'redilors
Other ci'editoi's
Acciiials und defcrred ii)comc
112,032
2,222
35.769
258,828
3.940
150 023
314,172
13.
MOVCI MENT IN FUNDS
Nel
movenienl
in funds
Transfers
bctwe¢n
nds
Ai
31.8.24
At 1.9.23
Uiires¢rlcted funds
Generftl fund
250.632
6,160
256,792
R¢5ti'i¢ted fund$
Jewisli Studies
Grants
F.ducalivnal visit% li) Pi)lund
Peiinies Willi Puiyos¢
Dr. D Col¢Dian M¢nivrial Fund
Yavi)el) C'ollcgc classroom
Y¥vn¢h Primary S¢hool dvnalion
Yavn¢h C()Il¢g¢ improY¢inenls
Educatioiial visit to Frail¢¢
374,371
6,978
{319,6V3)
96,761
1,312
101,963
(96,273)
(1,312)
156,731
7,466
1.358
4,765
4,9611
89,053
107.(b17
1,358
(4,765)
4,96U
65,834
688
(10,645)
(123,668)
(12,574)
17,339
$88 502
351465
237 037
TOTAL FUNDS
839 134
345JDS
493 X2
Page 15
colltiniicd...

YAVNEH FOUNDATION TRUST
NOTES TO I'IIE Fif4ANCIAL STATEi¥.IENTS - Lontiniied
FOR THE YEAR EINDED 31ST AUGUST 2024
13.
MOVEI MENT IN FUNDS - continued
Net movement in fiinds, incliid¢d in rh¢ abov¢ are as follows:
Incoiniiig
TCSOUTces
Resc)ur¢es
expended
Moveineiit
in ￿ndS
Unrc511'jLtLd
Genci'iil fiind
6,160
6.160
Restrlcte(I fiinds
Jcwish Siudi¢s
Grants
Ediicali01191 visits lo Poland
Yavneli Primai"y Schuol donatio
Yaviieh College iii)provcmcnt
Edlicalional visil In Fr#nLe
891,439
96,761
86,369
{1,211,042)
(319,603)
96,761
1,312
(10,645)
(123,668)
4.378
(8S,OS7)
(10,645)
(123,668)
128 172
132 $50
1207,119
15S8 584
351,465
'I'o'rAL FUNDS
1,213,279
(1,558,S¥4
345 3OS)
CoAnpMrAtlvey for movejnent in funds
Net
movcincnt
in fiiilds
Trni)sfers
b¢lween
fund5
At
31.8.23
Ai 1.9.22
Unrostricted funds
General fund
250.632
250,632
Resti'ictcd fuJid$
Jewish StLidies
Grant
Edu¢alional visils to Poland
Edii¢alioi)81 visil lo Isruel
Pennies Will) Thirpose
Dr. D Coleman Memorial FLind
Yavneh CollLgc Classroom
Yavneh Primary School donation
Yavtieh College iinprovcincnls
515.683
6.579
(219.334)
87,340
442
{19,683)
78,022
(86,941)
{442)
9.361
374,371
6,978
10,322
1,358
4,765
4,960
89,053
134 391
1.358
4.765
4,960
89,053
107017
27,374)
767.11
178,609
588 502
TOTAL FUNDS
1.017.743
178 609)
839 134
Page 16
conlinucd...

YAVNEH FOUTrIDATION TRUST
NOTES TO THE FINAN'CIIKL STATEMENTS - contlnued
FOR TUE YEAR ENDED 31ST AUGUST 2024
13.
MOVII MCI NT IN FUNDS - cuntinued
Coniparalive iiet movement in fiinds. included in tlie above are as follows..
Incoining
rebour¢es
Resourccs
cxpendcd
MDv¢nicrkt
tn funds
Restricted funds
Jewish Sftidies
Grants
Lducalional visits lo Poland
Ediicalioiial visit lo Isracl
Yavneli College improvenienls
947.330
87,340
81.321
340.591
{1,166,664)
1219,334)
87,340
442
119,C)83)
127,374)
{80.879)
(360,274)
27 374)
456 582
,635.191
178 609
TOTAL FUNDS
1456 582
Name urrund
Description, nalure And purpose of the fund
Jewish Studies and Yesl)iva Fuiided by voliiiitaiy contrftbulions fron) piipils towards Jewish Sttidies.
visits
Gi.￿71S
Giaiils were ttceived froni the Government's Jewish Comniunity Proleclivc
Seciirily IiTrwiir(15 11i¢.scLiirity c()st inLiirred by Ilie Yavneh College aiid Yavneh
Primary Scliool.
EdLicational visits lo Israel Educational visits ihat are funded either by bursllries or self funded by Ilie pupil5.
and Poland
PcnnicsWiihPurpose
Fund raising a¢livily led by the sludenis wiih Ihe aim of collccling six million
peniiies lo be donnied lo good eaiises.
Dr. D Col¢mJn M¢inoriul Fund raising activity will) th¢ aim of doiiating to good causcs.
Fiind
Yaviieh College classrooin Legacy doiiaiion r¢ceived lo piir¢l)ase inlcraclive iyliiie boards.
Yavneh Primdry School
Donalions from Yavneh parenlslgrandparenl aiid volunlary doners lowards Jewish
donation
Siiidies.
Yovneh College
lind roising aclivity willi th¢ aim olcgrrying oul rcpairs and muinl¢nance lo the
iniproveii)enli>
buildings owned by Yavneli College Acadeiiiy Trusl {YCAT)
Ti'Aik$fers between fuiids
Grunts rcccivabl¢ froni ihe Government's J¢wish Coinmui)ity Prol¢cliv¢ Security tot811ing £96.273 (2023.. £86,941)
were Iransl¢rr¢d lo J¢iYisl) Stiidies reslricted gtanls as these are the secuiity costs iDClllTed by YCAT.
Tlie siirpliis on Educational visil to Poland lolalling £1,312 (2023: £442) was lrnnsferrcd to Jewisli Studies restricted
graiil.% as previoiisly sliorifalls ivere ftinded from Jeivish Sttidies resiricled grants.
Tlie siirpliiy on Educalioijal visil lo France ioialling £4,378 (2023: £nil) was Iransf¢rr¢d lo JewTslI Stiidies reslricled
ants as previously shortfalls iverc funded from Jewish Studies i'esli'icled graiits.
Dr. D Coleinai) Meniorial Fund balance of £4,765 ivas Iransferred lo Yavn¢h College Improvements Fund to covei.
the shoi1fall as per the iialur¢ 8nd PUPT)ose of Ihc fund. this call bc used for any good cause.
FuYi)iture pui'chiiscd for tlic Yavneh PrIn￿ry scliool totallin8 £12,574 in ihe pi'evious yeai" should have been
¢ Ilocated againsi YavnLh Pi'iii)ary SLhool doiialion Fund and not against Yavneh Colleg¢ improv¢Tti¢nt Fund.Tliis
lias been amended.
Page 17
coiitinued..

YAVNEH FOUNDATION TRUST
NOTES TO THE FI.N'ANCIAL STATENIENTS - coiilinuod
FOR THE YEAR ENDED 31ST AUGUST 2024
14.
RELATED PARTY DISCLOSURES
YY4vneli College Academy Tr115t
YCAT received £1,202,517 (2023 £1.155.608) from ihe Charity. as rcslricted donations.
Incliidcd in othcr dcbtoi's is a balance £55,995 (2023.. £39.417) rcccivablc froin YCAT.
Thei'e arc cerlaiii common tNsiecs bctwcen YCA T and ihc Cliariry.
15.
IILCONCII.IATION OF NET EXPENDITUAIE I'O NET CASH FLOW FROM OPERA'A'ING
ACTIVITIES
31.8.24
31.8.23
Net expendIt￿re fnr lh¢ reportlng perlod (As per the Statement of
Financial Activities)
Adju5tmeiils for:
(Incr¢asc)/dcciea5c in dcbrors
(DeLI'ease)linLreus¢ in Ll'edit￿[3
(345,305)
(178.609)
(2,949)
164 149
37,470
45.670
Net cnsli used In opera¢lons
512 403)
95,469)
16.
ANALYSIS OF CHAf4GES IN NET FUIYDS
Ai 1.9.23
Cash tlow
At 31.8.24
Net cash
Casli al bank
835 2S9
S12,403
322 8S6
83$ 259
S12 403)
322 856
Total
835 259
512 41)3
322,1156
17.
IIIYANCIAL INSTRUMENTS
Tl)e finaiicinl dSs¢ls iDeasiii'ed dl ainortiscd cost as 4131 Augusl 2024 arc in tlie sum of £70.996 (2023.. £68,047).
Tllis ¢oniprises of oilier debtors and acci'ued incoijie.
The fiiiancial liabilili¢s measiir¢d al al￿OnIsed cosl as al 31 Augusl 2024 are in Ilie slim of £ISO,023 (2023..
£314,172). I'hi5 cojnprises of tradc creditor4 other creditors and a￿￿¢d expense5.
Page 18