Charity Number: 1110468
North Cheshire Jewish Nursery Property Trust
Annual Report and Unaudited Financial Statements
for the financial year ended 31 August 2024

North Cheshire Jewish Nursery Property Trust
CONTENTS
Page
Reference and Administrative Information
Trustees, Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Stalements
10-13

North Cheshire Jewish Nursery Property Trust
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Ginette Esterkin
Philip Hodari
Anthony Wagner
Charity Number in England and Wales
1110468
PrSnclpal Address
North cheshi￿ Jewish Primary School
St. Ann's Road North
Heald Green
Cheadle
Stockport
Cheshire
SK8 4RZ
Independent Examlner
Steven Nixon Bsc (Hons) FCCA
Langers MN Ltd
Chartered Certified Accountsnts and Registered
Auditors
8-10 Galley Road
Cheadle
Cheshire
SK8 1PY
PrSnclpal Bankers
Lloyds TSB
223 Finney Lane
Heald Green
Cheadle
Cheshire
SK8 3PY

North Cheshire Jewish Nursery Property Trust
TRUSTEES. REPORT
for the financial year ended 31 August 2024
The trustees present their Trustees, Report and the unaudited financial statements for the financial year ended 31
August 2024.
The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charilies.. Statement of
Recommended Practs'ce applicable to charities prepanng their financial stalemenls in accA)rdanGe with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Truslees. Report contains the infomation reqUI￿d to be provided in the Trustees, Annual Report under the
Statement of Recommended Practice (SORPI guidelines. The trustees of the charity are also charity trustees for the
purpose of charity law and under the charity's constitution are known as members of the board of trustees.
In this report the trustees of North Cheshire Jewish Nursery Propety Trust present a summary of its purpose.
govemance, activities, achievements and finances for the financial year 31 August 2024.
The charity is a registered charity and although not obliged to comply with the Statement of Recommended Practice
applicable in the UK and Republic of Ireland FRS 102, the organisation has implemented its recommendations where
relevant in these financial statements.
Mission, Objectives and Strategy
Objectives
The Trust's objects, as laid out in the Trust Deed. are to provide facilities for the provision of education for children
under statutory school age and to enhance the development and education of children under statutory school age.
Structure, Governance and Management
Structure
The charity is constituted as an unincorForat8d charity, established by Trust Deed dated 2111212004, as amend8d
2210112013. The goveming document of the charity is the Trust Deed establishing the charity.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other
than those imposed by Charity Law.
Tho methods used to recrult and appolnt now charlty trustees
The trustees of the Trust were appointed by the trust deed from within the goveming body of the School with a proven
record of commitment to education, and in particular Jewish education.
Future appointments are by the trustees. All
Trustees serve for a period of 3 years. with the ex￿ptIon of the first trustees who have been appointed for terms of 3,
4 and 5 years, and are eligible for re*lection. The tnjslees have the appropriate knowledge of how a charity created
for educational purposes should operale. Nevertheless, consideration is currently being given to the most appropriate
form of training for Irustees.
The charity's organisational structure
The Trustees have a once yearly meeting lo discuss issues arising from the administration of the Trust. Because the
Trust employs no staff, further decisions in regard to the running of the Tru51 are made by the trustees by informal
contact.
Review of Activities. Achievements and Perforniance
The objects of the Trust have been achieved by the Trust entering into a 125-year lease with the foundation trustees
of the School of land on the campus of the School. On this land has been constructed a purp05e-designed
single-slory nursery building io provide 70 places. The Trust has also provided equipment within the nursery building.
The appropriate funds were raised through donations flowing from a fund-raising campaign managed by the trustees,
including activities managed through the subsidiary, NCJPS Promotions Limited.
A mortgage of £200,000 was oblained from Allied Irish Bank in order to provide funds lo pay the amounl due to the
building contractor and other cK)sts. This has now been discharged in fijll.
The majority of rent due from the North Cheshire Jewish Nursery Education Trust is to be donated back lo that trust,
retaining any amount needed to pay administration fees.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the
charity.
The Trust has undertaken no activities this year.

North Cheshire Jewish Nursery Property Trust
TRUSTEES. REPORT
for the financial year ended 31 August 2024
Financial Review
Incoming resources, which relate wholly to unrestricted funds, tolalled £30,001. Total resources expended, again
wholly in respect of unrestricted funds. amounted to £34.238. Therefore the result for the year was a deficit of £4,237.
The net assets at 31 August 2024 amounted to £404,915. The value of tangible fixed assets, being the nursery
building amounted to £399,706. Total liabilities amounted to £924.
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Results
At Ihe end of the financial year the charity has assets of £405,839 (2023 - £409,608} and liabilities of £92412023
£4561. The net assets of the charity have decreased by £14.237).
Reserrfes Position and Policy
The view of the trustees is that there is no requirement to hold any significant cash reserves or other investments,
because of the main objeclives of the Trust. This statement has to take inlo account the main risk issue facing the
Trust as set out below.
Principal Risks and Uncertainties
The main risk facing the Trust is that its current tenant. the Education Trust, does not attract suffi¢ient pupil numbers.
In accordance with the Constitution. the twstees retire by rotation and. being eligible. offer themselves for re-election.
Compliance with Sector-wide Legislation and Standards
The charity engages pro-actively with legislation, slandards and codes which are developed for the sector. North
Cheshire Jewish Nursery Property Trust subscribes to and is compliant wilh the following..
The Charities SORP IFRS 102)
The charlty's relatlonshlps wlth related partles.
The Charity now operates in partnership with thè North Cheshire Jewish Nursery Education Trust, which provides
nursery care on a day-t¢>day basis in the c¢)mplex, the building of which this Trust was fomied to achieve.
The Trust also works in c¢)operation with North Cheshire Jewish Primary School in so far as its aim is to increase the
number of children in that school by providing a feeder nursery.
2710612025
Approvèd by the Board of Trustees on
and slgned on Its behalf by:
4 6 Sat4*•
Glnette Esterkln
Trustoe

North Cheshire Jewish Nursery Property Trust
STATEMENT OF TRUSTEES. RESPONSIBILITIES
for the financial year ended 31 August 2024
The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the assets, liabilities and financial position of the charity as al the
financial year end date and of the surplus or deficit of the charity and otherwise comply wilh the Charities Act 2011.
In preparing these financial statements, the trustees are required to=
select suitable accounting policies and apply them consistently;
make judgements and accounting estimates Ihal are reasonable and pnjdent.
state whether the financial statements have been prepared in accordan￿ with applicable accounting standards,
identify those standards, and note the effect and the reasons for any material departure from those standards,. and
prepare the financial slalemenls on the going concem basis unless it is inappropriate to presume that the charity
will continue in operation.
The trustees confimi that they have complied with the above requirements in preparing the financial st8lements.
The truslees 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 Charilies Act 2011. They are also ￿ sponsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
2710612025
Approved by the Board of Trustees on
and signed on its behalf by:
46&ta
Ginette Esterkln
Trustee

North Cheshire Jewish Nursery Property Trust
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES
OF NORTH CHESHIRE JEWISH NURSERY PROPERTY TRUST
I have examined the financial statements of the charity for the financial year ended 31 August 2024, which comprise
the Stalemenl of Financial Activities, the Balance Sheet and the related notes.
This rep¥Jrt is made solely to the charity's members. as a body. in accordance with section 145 of the Charities Act
2011. My work has been undertaken so that I might compile the financial statements that I have been engaged lo
compile, report to the Board of Trustees Ihal I have done so. and state those matters that I have agreed to state to
them in this report and for no other purpose. To the fullesl exlenl penY)itted by law, I do not accept or assume
responsibility lo anyone other than the charity and the charitys members. as a body, for my work, or for this report.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the financial statements in accordance with the
requirements of the Charities Act 2011. The charity's trustees consider that an audil is not required for this financial
year under Section 145 of the Charities Act 2011 and that an independent examination is required.
It is my responsibility to=
examine the financial stalemenls under section 145 of the Act;
follow the procedures laid down by the general Directions given by the Charity Commission under section 145{5)
of the Charities Act 2011.. and
state whether particular matters have come to my attention.
Basis of Independent examlner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An
8xamination includes a review of the accountsng records kept by the charity and a comparison of the financial
statements presented wilh those records. It also includes consideration of any unusual items or disclosures in the
financial statements and seeking explanations from the Injslees conceming any such mallers. The procedures
undertaken do not provide all Ihe evidence that would be required in an audit and consequently no opinion is given as
lo whether the accounts present a 'true and fair. viéw and thè report is limited to thos8 mattets set out in the
statèment below.
Independent èxaminèr's statement
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any
material respect..
accounting records were not kept in accordance with section 130 of the Charities Act 2011
the financial slalemenls do not accord with those accounting records
the financial slalemenls do not comply wth the accounting requirements of the Charities Act
the financial statements have not been prepared in accordance with the Slalemenl of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS102)
there is further infomialion needed for a proper understsnding of the ac¢ounts to be reached.
I have no concems and have come across no other matters in connects'on with the examination to which attention
should b8 drawn in this report in order to enable a proper understanding of the financial statements to b8 r8ached.
Steven Nlxon Bsc {Honsl FCCA
LANGERS MN LTD
Chartered Certified Accountants and Registered Auditors
8-10 Gatley Road
Cheadle
Cheshire
SK8 1PY
27 June 2025

North Cheshire Jewish Nursery Property Trust
STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 August 2024
Unrestricted
Funds
2024
Total Unrestricted
Funds
Funds
2024
2023
Total
Funds
2023
Notes
Income
Donations and legacies
Charitable activities
Nursery
Investments
6,332
6,332
30.000
30,000
30,000
30,000
Total income
30,001
30,001
36,332
36,332
Expenditure
Charitable aclivities
34,238
34,238
34,226
34,226
Net Incomellexpenditurel
(4,237)
(4,237)
2,106
2.106
Transfers between funds
Net movement in funds for the financial year
(4.237)
(4,237)
2.106
2,106
Reconciliation of funds:
Total funds beginning of the year
10
409.152
409,152
407,046
407,046
Total funds at the end of the year
404.915
404,915
409,152
409,152
The Stal8m8nt of Financial Activities includes all gains and losses recognised in the financial year.
All income and expenditure relate to continuing actiwties.
The notes on pages 10 to 13 form part of Ihe financial statements

North Cheshire Jewish Nursery Property Trust
BALANCE SHEET
as al 31 August 2024
2024
2023
Notes
Fixed Assets
Tangible assets
399,706
403,476
Current Assets
Cash at bank and in hand
6.133
6,132
Credltors: Amounts falllng due wllhln one year
(9241
1456)
Net Currant Asséts
5,209
5,676
Total Assets less Current Liabilities
404,915
409,152
Funds
General fund (unrestricted)
404,915
409,152
Total funds
10
404,915
409,152
The financial staternenls have been prepared in accordance with the provisions applicable to companies subject lo
the small companies, regime and in accordance wth FRS 102"The Financial R8POrting Standard applicable in th8 UK
and Republic of Ireland" applying Section 1 A of that Standard.
2710612025
Approved by the Board of Trustees and authorlsed for Issue on
behalf by
and $Sgned on Its
4 6 Sdt¢¥&rf
Ginette Esterkin
Trustee
The notes on pages 10 to 13 form part of Ihe financial statements

North Cheshire Jewish Nursery Property Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
GENERAL INFORMATION
North Cheshire Jewish Nursery Property Trust is a charity incorporated in England. The reglstered office of
the charity is North Cheshire Jewish Primary School, St. Ann's Road North, Heald Green, Cheadle, Stockport,
Cheshire. SK8 4RZ, UK which is also the principal place of business of the charity. The financial statements
have been presented in Pound (£) which is also Ihe functional currency of ihe charity.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting pvjlicies have been applied consistently in dealing with items which are considered
material in relation to the charity's financial statements.
Basis of preparation
The financial statements have been prepared on the going concem basis under the historical cost convention,
modified to include certain ilems at fair value. The financial statements have been prepared in accordance
with the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities preparing their
accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland
FRS 102" applying Section 1A of that Standard.
As pemiitted by the Companies Act 2006, the charity has varied the standard fomials in that act for the
Statement of Financial Activities and the Balan￿ Sheet. Departures from the standard fornals are lo comply
with the requirements of the Charities SORP and are in compliance with section 4.7, 10.6 and 15.2 of that
SORP.
The Charity is public benefit entity.
Statement of compliance
Thè financial statements of the charity for the financial year ended 31 August 2024 have beèn prepared on
the going concem basis and in accordance with the Statement of Recommended Practice {SORP}
"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Irèland FRS 102. applying Sèction 1A of that Standard.
Fund accounling
The following are the calegones of funds maintained:
Unreslrlcted funds
Unreslricled funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity.
Income from charltable activlties
All incoming resources are included in the statement of financial activities when the charity is entitled to the
income and the amount can be quantified wilh reasonable accuracy. The following specific policies are
applied to particular categories of income.
Donated goods. facilities and servlces
Donated current assets are recognised at the current fair value. All such donations are recognised as
donation income, and debited to current assets.
Investments
Income from investments is included in the year in which it is receivable.
Expendilure
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it relales.
Charitable expendilure comprises Ihose cosls incurred by the charity in the delivery of ils aclivilies and
services for its beneficiaries. 11 includes both costs that can be allocated directly lo such activities and those
costs of an indirect nature necessary to support them.
Govemance costs are those incurred in connection with administration of the charity and compliance with
constilutional and statutory requirements.
10

continued
North Cheshire Jewish Nursery Property Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
Tangible fixed assets and depreciation
Tangible fixed assels are slated at cost or at valuation, less accumulated deprecialion. The charge to
depreciation is calculated to write off the original cost or valuation of tangible fixed assets. less their estimated
residual value, over Iheir expected useful lives as follows..
Long leasehold property
Straight line over life of lease
Cash at bank and In hand
Cash al bank and in hand comprises cash on deposit at banks requiring less than three months notice of
withdrawal.
Taxation and deferred taxation
No current or deferred taxatson arises as the charity has been granted charitable exemption. Irrecoverable
valued added lax is expensed as incurred.
INCOME
DONATIONS AND LEGACIES
Unrestrlcted Restricted
Funds
Funds
2024
2023
Gifts individually more than £1000
6.332
CHARITABLE ACTIVITIES
Unrestrlcted Restrlcted
Funds
Funds
2024
2023
Nursery:
Letting of propety for charitable purp)ses
30,000
30,000
30,000
INVESTMENTS
Unrestricted Restricted
Funds
Funds
2024
2023
Bank interest
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
Olhor
Cosls
Support
Costs
2024
2023
North Cheshire Jewish Nursery
Education Trust
Depreciation & Amortisation in total
for the period
Governance Costs (Note 4.2>
30,000
30,000
30,000
3,770
3,770
3.770
468
468
456
30,000
4,238
34,238
34,226
GOVERNANCE COSTS
Direct
Costs
Olher
Costs
Support
Costs
2024
2023
Independent Examinerfs fees
468
468
456
SUPPORT COSTS
Charitable Govemance
Activities
Costs
2024
2023
Support
3,770
4,238
4,226
11

continued
North Cheshire Jewish Nursery Property Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
NET INCOME
2024
2023
Net Income is stated after chargingl{crediting):
Depreciation of tangible assets
Independent Examiner's remuneration-
independent examination services
3,770
3,770
468
456
INVESTMENT AND OTHER INCOME
2024
2023
Bank interest
TANGIBLE FIXED ASSETS
Long
leasehold
property
Total
Cost
At 31 August 2024
463,704
463,704
Depreclatlon
At 1 September 2023
Charge for the financial year
60,228
3,770
80,228
3.770
At 31 August 2024
63,998
63,998
Net book value
At 31 August 2024
399,706
399,706
At 31 August 2023
403,476
403,476
CREDITORS
Amounts falllng due wlthln one year
2024
2023
Trade creditors
Accruals and deferred income
456
468
456
924
456
RESERVES
2024
2023
At the beginning of the year
(Deficilllsurplus for the financial year
409,152
{4,237)
407.046
2,106
At the end of the year
404,915
409,152
12

continued
North Cheshire Jewish Nursery Property Trust
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2024
10.
FUNDS
10.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted
Funds
Total
Funds
At 1 Seplember 2022
Movement during the financial year
407,046
2,106
407,046
2.106
At 31 August 2023
Movement during the financial year
409.152
14.237)
409,152
{4,237)
At 31 August 2024
404,915
404,915
10.2 ANALYSIS OF MOVEMENTS ON FUNDS
Balance
1 September
2023
Income Expendlturè
Transfers
between
funds
Balancé
31 August
2024
Unreslrlcted funds
Unreslricled General
409.152
30.001
34.238
404,915
Total funds
409,152
30,001
34,238
404,915
Unreslrlcted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities,
and, subject to charity legislation. are free from all restrictions on their use.
10.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charity use
Current
assets
Current
Total
Unreslricled general funds
399,706
6,133
1924)
404,915
399.706
6,133
1924)
404,915
11.
TRUSTEES. REMUNERATION
No Irustees or persons connected with them received any remuneration or expenses from the charity, or any
related entity.
12.
RELATED PARTY TRANSACTIONS
North Cheshire Jewish Nursery Education Trust
During the year £30,IKIO {2023 £30.000) rent was received from the Educalion Trust and a £30.000 (2023
£30,000) donation was paid lo the Education Trust.
13.
POST4ALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year*nd.
14.
WINDING UP OR DISSOLUTION OF THE CHARITY
If upon winding up or dissolution of the charity the￿ remain any assets, after the satisfaction of all debts and
liabilities. the assets represented by the accumLJlated fund shall be transferred to some other charitable body
or bodies having similar objects to the charity-
13