The Charity Registration Number is :- 1119430
North Cheshire Jewish Nursery Education Trust
## Report and Accounts
31 August 2023
## **North Cheshire Jewish Nursery Education Trust**
## **Report and accounts for the year ended 31 August 2023**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Trustees' Annual Report**||1|
|**Statement of trustees' responsibilities**||5|
|**Independent examiner's report**||6|
|**_Funds Statements:-_**|||
|Statement of Financial Activities||7|
|Statement of Financial Activities - Prior Year statement||8|
|**Balance sheet**||9|
|**Notes to the accounts**||10|
## **North Cheshire Jewish Nursery Education Trust**
## **Trustees' Annual Report for the year ended 31 August 2023**
The Trustees present their Report and Accounts for the year ended 31 August 2023.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is:- North Cheshire Jewish Nursery Education Trust
## _**The charity's areas operation and UK charitable registration.**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1119430
## _**Legal structure of the charity**_
The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed establishing the charity.
Date of Trust Deed 20 November 2006
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.
The trustees are all individuals.
## **The principal operating address, telephone number, email and web addresses of the charity are:-**
North Cheshire Jewish Primary School
St Ann's Road North, Heald Green
Cheadle, SK8 4RZ
Telephone 0161 282 4901 Email Address ncjn@ntlbusiness.com Web address http://www.ncjps.org.uk/page/?pid=85
## **The Trustees who served in the year ended 31 August 2023 and were in office on the date the report was approved were:-**
Ginette Esterkin Simone Shammah Steph Cohen Sasha Hawkes - appointed March 2023 Victoria Dale - appointed March 2023 Sara Feddy - appointed March 2023
1
## **North Cheshire Jewish Nursery Education Trust**
## **Trustees' Annual Report for the year ended 31 August 2023**
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
The Trust's objects, as laid out in the Trust Deed, are
i) to provide education in an orthodox Jewish environment to children under statutory school age. ii) within an orthodox Jewish environment to provide necessary facilities for the daily care, recreation and education of children during out of school hours and school holidays with the object of improving their conditions of life.
iii) to advance the education and training of parents in the provision of childcare.
## _**The main activities undertaken during the year to further the charity's purpose for the public benefit.**_
The Nursery run by the Trust opened in September 2006. It initially opened in Yeshurun Synagogue in Cheadle and moved to the building leased for the NCJN Property Trust in October 2006.
Charitable status was awarded on 31st May 2007.
The Nursery employs a nursery manager together with a number of full-time and part-time teachers and nursery nurses to satisfy staffing demands in accordance with government regulations. Day-to-day decisions are made by the nursery manager although policy and planning decisions are made by the management committee.
The nursery has a commitment to safeguarding. A data protection policy is in place.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## **The main achievements and performance of the charity during the year.**
The Nursery had an Ofsted inspection in August 2018 and was rated as a “good” Nursery. Recommendations made by Ofsted have been followed.
Pupil numbers are continuing to decrease which is causing considerable concern. As a result of Covid more parents are working from home and have decided not to send their children into Nursery as often. Also there is a trend for many young families following the Jewish faith to move out of the area which means there is a decreasing demographic of children wanting a place at a Jewish nursery. The trustees are monitoring the situation and trying to find ways of enticing more children to join the Nursery.
2
**North Cheshire Jewish Nursery Education Trust**
## **Trustees' Annual Report for the year ended 31 August 2023**
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
The trustees of the Trust were appointed by the trust deed from within the governing 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 exception of the first trustees who have been appointed for terms of 3, 4 and 5 years, and are eligible for re-election. The trustees have the appropriate knowledge of how a charity created for educational purposes should operate. Nevertheless, consideration is currently being given to the most appropriate form of training for trustees.
## _**The charity's organisational structure.**_
The Trustees meet formally twice yearly to discuss issues arising from the administration of the Trust. Decisions about the running of the Nursery are made by the Nursery Management Committee who meet on a regular basis and report back to the Trustees.
## _**The personnel to whom day to day management is delegated**_
The management committee who served during the year under review were:
Simone Shammah Ginetter Esterkin Carol Lewis - Nursery Manager Stephen Abenson Steph Cohen
## _**The charity's relationships with related parties.**_
The Trust works in cooperation 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.
The Trust has entered into a 25 year lease with the North Cheshire Jewish Nursery Property Trust for the property in which the Nursery operates. Rent is £30,000 per annum.
Bankers
Lloyds TSB, 223 Finney Lane, Heald Green, Cheadle, Cheshire, SK8 3PY Nationwide Building Society, Kings Park Road, Moulton Park, Northampton, NN3 6NW
## **Financial review**
## _**The charity's financial position at the end of the year ended 31 August 2023**_
The financial position of the charity at 31 August 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Total Funds**
**Net expenditure**
Unrestricted Revenue Funds available for the
general purposes of the charity|**2023**
**£**
(29,970)
195,286
195,286|**2022**
**£**
(8,186)|
|---|---|---|
|||225,256|
|||225,256|
3
## **North Cheshire Jewish Nursery Education Trust**
## **Trustees' Annual Report for the year ended 31 August 2023**
## _**Financial review of the position at the reporting date, 31 August 2023 .**_
Incoming resources totalled £298,592, the major part being nursery fees which, including grants, totalled £259,689. Total resources expended amounted to £328,562. Therefore the result for the period was a deficit of £29,970.
Net assets at 31 August 2023 amounted to £195,286.
The trustees consider the financial performance by the charity during the year to have been satisfactory.
## _**Policies on reserves.**_
The view of the trustees is that sufficient cash reserves should be accumulated to allow for future repairs and refurbishment of the building and renewal of resources.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## _**The major risks to which the Charity is exposed and reviews and systems to mitigate them.**_
The main risk facing the Trust is that revenue it receives from pupils should be insufficient to cover future rental obligations. The Trust has increased fees and seeks to increase pupil numbers in order to ensure sufficient funds are raised.
## **Details of The Independent Examiner**
Eric Langer BSc FCA Chartered Accountant 8-10 Gatley Road Cheadle Cheshire SK8 1PY
4
## **North Cheshire Jewish Nursery Education Trust**
## **Trustees' Annual Report for the year ended 31 August 2023**
## **Statement of Trustees's Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and 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;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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 are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
## **11/06/2024**
This report was approved by the board of trustees on ……………………………………...
**……………………………………...**
Ginette Esterkin Trustee
5
**North Cheshire Jewish Nursery Education Trust**
## **Report of the Independent Examiner to the Trustees of North Cheshire Jewish Nursery Education Trust on the accounts for the year ended 31 August 2023**
I report to the Trustees on my examination of the accounts of the charity on pages 1 to 18 for the year ended 31 August 2023.
## _**Responsibilities and the basis of the report**_
As described on page 5, you, the Charity's Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent Examiner's Statement**
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by with Section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
11 June 2024
………………………… **Eric Langer BSc FCA**
…………………………
## **Date**
Chartered Accountant
8-10 Gatley Road Cheadle Cheshire SK8 1PY
6
## **North Cheshire Jewish Nursery Education Trust - Statement of Financial Activities for the year ended 31 August 2023**
## _**Statement of Financial Activities for the year ended 31 August 2023**_
|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
**Income & Endowments from:**
Donations & Legacies
A1
30,190
Charitable activities
A2
259,689
Investments
A4
1,215
Other
A5
99
**Total income**
**A**
**291,193**
**Expenditure on:**
Charitable activities
B2
321,163
**Total expenditure**
**B**
**321,163**
**Net expenditure for the year**
**(29,970)**
**Net income after transfers**
**A-B-C**
**(29,970)**
**(29,970)**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
225,256
**Total funds carried forward**
**195,286**
**Net movement in funds**
**SORP**
**Ref**|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
30,190
259,689
1,215
99
|**Current year**
**Restricted**
**Funds**
**2023**
**£**
7,399
-
-
-|**Current year**
**Total Funds**
**2023**
**£**
**37,589**
**259,689**
**1,215**
**99**
**298,592**
**328,562**
**328,562**
**(29,970)**
**(29,970)**
**(29,970)**
**225,256**
**195,286**|**Prior Year**
**Total**
**Funds**
**2022**
**£**
43,178
275,528
318
217|
|---|---|---|---|---|
||**291,193**|**7,399**||**319,241**|
||321,163|7,399||327,427|
||**321,163**|**7,399**||**327,427**|
||||||
||**(29,970)**|**-**||**(8,186)**|
|||**-**||**(8,186)**|
||**(29,970)**
225,256|**-**
-||**(8,186)**
233,442|
||**195,286**|**-**||**225,256**|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
**The notes attached on pages 10 to 18 form an integral part of these accounts.**
7
## **North Cheshire Jewish Nursery Education Trust - Statement of Financial Activities for the year ended 31 August 2023**
|**Income from:**
Donations & Legacies
A1
Charitable activities
A2
Investments
A4
Other
A5
**Total income**
**A**
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
**Net expenditure for the year**
**Net income after transfers**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**Net movement in funds**
**SORP**
**Ref**|**Prior Year**
**Unrestricted**
**Funds**
**2022**
**£**
36,332
275,528
318
217
|**Prior Year**
**Restricted**
**Funds**
**2022**
**£**
6,846
-
-
-|**Prior Year**
**Total Funds**
**2022**
**£**
**43,178**
**275,528**
**318**
**217**
319,241
**327,427**
**327,427**
**(8,186)**
(8,186)
**(8,186)**
**233,442**|
|---|---|---|---|
||312,395|6,846||
||320,581|6,846||
||**320,581**|**6,846**||
||(8,186)|-||
||(8,186)|-||
||**(8,186)**
233,442|**-**
-||
||**225,256**|**-**|**225,256**|
**All activities derive from continuing operations**
8
## **North Cheshire Jewish Nursery Education Trust - Balance Sheet as at 31 August 2023**
|||**SORP**|**SORP**||||
|---|---|---|---|---|---|---|
||Note|**Ref**||**2023**||**2022**|
|||||**£**||**£**|
|**Fixed assets**||A|||||
|Tangible assets|10|A2||7,192||8,219|
|**Current assets**||B|||||
|Debtors|11|B2|18,619||17,808||
|Cash at bank and in hand||B4|194,043||223,480||
|**Total current assets**|||212,662||241,288||
|**Creditors: amounts falling due within**|**Creditors: amounts falling due within**||||||
|**one year**|12|C1|(24,568)||(24,251)||
|**Net current assets**||||188,094||217,037|
|**The total net assets of the charity**||||195,286||225,256|
|**The total net assets of the charity are funded by the funds of the charity, as follows:-**|**The total net assets of the charity are funded by the funds of the charity, as follows:-**||**The total net assets of the charity are funded by the funds of the charity, as follows:-**||||
|**Restricted funds**|||||||
|**Unrestricted Funds**|||||||
|Unrestricted Revenue Funds|16|D3||195,286||225,256|
|**Total charity funds**||||195,286||225,256|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts. The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 6.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
## **Ginette Esterkin**
Trustee **11/06/2024** Approved by the board of trustees on ……………………………………...
**The notes attached on pages 10 to 18 form an integral part of these accounts.**
9
## **North Cheshire Jewish Nursery Education Trust**
## **Notes to the Accounts for the year ended 31 August 2023**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
The charity constitutes a public benefit entity as defined by FRS102.
The charity is an unincorporated trust registered in England. The principal address of the charity is North Cheshire Jewish Primary School, St Ann's Road North, Heald Green, Cheadle, Stockport, Cheshire, SK8 4RZ.
## **Going Concern**
The Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements.
## _**Policies relating to categories of income and income recognition.**_
## **Income recognition**
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 with reasonable accuracy. The following specific policies are applied to particular categories of income:
Nursery fees are recognised in full in the statement of financial activities in the year in which they are receivable.
Grants are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
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 relates.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
10
## **North Cheshire Jewish Nursery Education Trust**
## **Notes to the Accounts for the year ended 31 August 2023**
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## _**Tangible fixed assets**_
Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over estimated useful lives.
Leasehold premises
straight line over life of lease
## **Financial instruments including cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **Pensions - defined contribution schemes**
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the chari
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Significance of financial instruments to the charity's position**
There are no significant implications of such matters.
## **5 Net (deficit)/surplus before tax in the financial year**
|Depreciation of owned fixed assets
Independent Examiners/Auditors' remuneration
The net (deficit)/surplus before tax in the financial year is stated after charging:-|**2023**
**£**
1,027
1,944|**2022**
**£**
1,027
1,944|
|---|---|---|
11
## **North Cheshire Jewish Nursery Education Trust**
## **Notes to the Accounts for the year ended 31 August 2023 6 Staff costs and emoluments**
|**_Salary costs_**
Gross Salaries excluding trustees and key management personnel
Employer's National Insurance for all staff
**Total salaries, wages and related costs**
**_Numbers of full time employees or full time equivalents_**
The average number of total staff employed in the year was
Employer's operating costs of defined contribution pension schemes|**2023**
**£**
211,616
10,098
2,473|**2022**
**£**
199,316
8,791
2,114|
|---|---|---|
||**224,187**|**210,221**|
||**2023**
15|**2022**
14|
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
## **7 Defined contribution pension schemes**
The charity operates a defined contribution pension scheme, the costs of which are shown above.
Any liabilites and assets associated with the scheme are shown under debtors and creditors.
## **8 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration or expenses from the charity, or any related entity.
## **9 Deferred income - Unrestricted and Designated funds**
|Early Years Funding
**Total**
**These deferrals are included in creditors**|**Opening**
**Deferrals**
**£**
990|**Released**
**from prior**
**years**
**£**
990|**Received**
**less released**
**in year**
**£**
-|**Deferred**
**at year end**
**£**
-|
|---|---|---|---|---|
||990|990|-|-|
||||**2023**
**£**
-|**2022**
**£**
990|
## **10 Tangible fixed assets**
|**Cost**
At 1 September 2022
**At 31 August 2023**
**Depreciation**
At 1 September 2022
Charge for the year
**At 31 August 2023**
**Net book value**
At 31 August 2023
At 31 August 2022|**Land and**
**Buildings**
£
21,574
**21,574**
13,355
1,027
**14,382**
**7,192**
**8,219**|**Total**
£
21,574|
|---|---|---|
|||**21,574**|
|||13,355
1,027|
|||**14,382**|
|||**7,192**|
||||
|||**8,219**|
12
## **North Cheshire Jewish Nursery Education Trust**
## **Notes to the Accounts for the year ended 31 August 2023**
## **11 Debtors**
|Trade debtors
Prepayments and accrued income
Other debtors
**12 Creditors: amounts falling due within one year**
Bank loans and overdrafts
Trade creditors
Accruals
Deferred Income - Unrestricted & designated funds
PAYE, NIC VAT and other taxes
Other creditors
**13 Income and Expenditure account summary**
**At 1 September 2022**
Loss after tax for the year
**At 31 August 2023**|**2023**
**£**
5,431
7,594
5,594|**2022**
**£**
3,525
9,957
4,326|
|---|---|---|
||**18,619**|**17,808**|
||**2023**
**£**
**418**
**10,430**
**7,575**
**-**
**5,620**
**525**|**2022**
**£**
**644**
**10,815**
**7,831**
**990**
**3,512**
**459**|
||**24,568**
**2023**
**£**
225,256
(29,970)|**24,251**
**2022**
**£**
233,442
(8,186)|
||**195,286**|**225,256**|
## **14 Related party transactions**
North Cheshire Jewish Nursery Property Trust
During the year £30,000 (2022 £30,000) rent was paid to the Property Trust and £30,000 (2022 £29,950) donation was received from the Property Trust.
## **15 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 August 2023**
Tangible Fixed Assets
Current Assets
Current Liabilities
**At 1 September 2022**
Tangible Fixed Assets
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
7,192
212,662
(24,568)|**Designated**
**funds**
**£**
-
-|**Restricted**
**funds**
**£**
-
-
-|**Total**
**Funds**
**£**
**7,192**
**212,662**
**(24,568)**|
|---|---|---|---|---|
||**195,286**|**-**|**-**|**195,286**|
||**Unrestricted**
**funds**
**£**
8,219
241,288
(24,251)|**Designated**
**funds**
**£**
-
-
-|**Restricted**
**funds**
**£**
-
-
-|**Total**
**Funds**
**£**
**8,219**
**241,288**
**(24,251)**|
||**225,256**|**-**|**-**|**225,256**|
13
## **North Cheshire Jewish Nursery Education Trust**
## **Notes to the Accounts for the year ended 31 August 2023**
## **16 Change in total funds over the year as shown in Note 15 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**Total charity funds**|**£**
225,256
**Funds**
**brought**
**forward from**
**2022**|**See Note 17**
**£**
(29,970)
**Movement in**
**funds in**
**2023**|**£**
**-**
**Transfers**
**between**
**funds in**
**2023**|**£**
**195,286**
**Funds**
**carried**
**forward to**
**2024**|
|---|---|---|---|---|
||**225,256**|**(29,970)**|**-**|**195,286**|
||||||
||**225,256**|**(29,970)**|**-**|**195,286**|
## **17 Analysis of movements in funds over the year as shown in Note 16**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**_Restricted funds:-_**
SEN and CST Grants|**Income**
**2023**
**£**
**291,193**
**7,399**|**Expenditure**
**2023**
**£**
**(321,163)**
**(7,399)**|**Other**
**Gains &**
**Losses**
**2023**
**£**
**-**
**-**|**Movement**
**in funds**
**2023**
**£**
**(29,970)**
**-**|
|---|---|---|---|---|
||**298,592**|**(328,562)**|**-**|**(29,970)**|
## **18 The purposes for which the funds as detailed in note 16 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
Unrestricted 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.
## _**Restricted funds:-**_
SEN and CST Grants
Grants received for specific purposes
14
## **North Cheshire Jewish Nursery Education Trust**
## **Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
## **19 Donations and Legacies**
|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
**Donations and gifts from individuals**
190
**190**
**Revenue grants from government and public bodies**
-
-
**-**
**Revenue grants and donations from non public bodies**
30,000
-
-
**30,000**
**Total Donations and Legacies**
**A1**
**30,190**
**Total donations and gifts from individuals**
Community Security Trust
Coronavirus Job Retention Scheme Grant
**Total public sector revenue grants**
North Cheshire Jewish Nursery Property Trust
Stockport Local Discretionary Grant Scheme
Small donations individually less than £1000
**Total private sector revenue grants**
Manchester Metropolitan University|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
190|**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
**-**
-
-
**-**
-
7,399
-
**7,399**
**7,399**|**Current year**
**Total Funds**
**2023**
**£**
**190**
**190**
**-**
**-**
**-**
**30,000**
**7,399**
**-**
**37,399**
**37,589**|**Prior Year**
**Total Funds**
**2022**
**£**
90|
|---|---|---|---|---|
||**190**|||**90**|
|||||5,000
742|
|||||**5,742**|
|||||29,950
6,846
550|
||**30,000**|||**37,346**|
||||||
||**30,190**|||**43,178**|
**The 2022 Community Security Trust income of £6,846 was restricted.**
**20 Income from charitable activities - Trading Activities**
|**Primary purpose and ancillary trading**
Nursery fees
**Total Primary purpose and ancillary trading**
Assisted places discount|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
212,040
(2,107)|**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
-
**-**|**Current year**
**Total Funds**
**2023**
**£**
**212,040**
**(2,107)**
**209,933**|**Prior Year**
**Total Funds**
**2022**
**£**
203,882
(1,296)|
|---|---|---|---|---|
||**209,933**|||**202,586**|
**All 2022 income was unrestricted**
**21 Charitable income from funders**
|**Charitable income from funders**||||
|---|---|---|---|
|**Contractual payments from public bodies to fund**
**All 2022 income was unrestricted**
**Total Charitable income from funders**
**Total contractual payments from public bodies**
Stockport MBC|**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
**charitable activities**
49,756
-
**49,756**
**-**
**49,756**
**-**|**Current year**
**Total Funds**
**2023**
**£**
**49,756**
**49,756**
**49,756**|**Prior Year**
**Total Funds**
**2022**
**£**
72,942|
||**49,756**||**72,942**|
|||||
||**49,756**||**72,942**|
|||||
15
**North Cheshire Jewish Nursery Education Trust**
## **Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP**
## **22 Total Income from charitable activities**
|**Current year**
**Unrestricted**
**Funds**
**£**
**2023**
Total income from charitable trading
209,933
Total Charitable income from funders
49,756
**Total from charitable activities**
**A2**
**259,689**
**23 Investment income**
**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
Bank Interest Receivable
1,215
**Total investment income**
**A4**
**1,215**
**All 2022 income was unrestricted**
**24 Other income and gains**
**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
Summary of Other income
99
**Total other income**
A5
**99**
**All 2022 income was unrestricted**
Recycling|**Current year**
**Unrestricted**
**Funds**
**£**
**2023**
209,933
49,756|**Current year**
**Restricted**
**Funds**
**£**
**2023**
-
-
**-**
**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
**-**|**Current year**
**Total Funds**
**£**
**2023**
**209,933**
**49,756**
**259,689**
**Current year**
**Total Funds**
**2023**
**£**
**1,215**
**1,215**
**Current year**
**Total Funds**
**2023**
**£**
**99**
**99**|**Prior Year**
**Total Funds**
**£**
**2022**
202,586
72,942|
|---|---|---|---|---|
|||||**275,528**|
||**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
1,215|||**Prior Year**
**Total Funds**
**2022**
**£**
318|
||**1,215**|||**318**|
||**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
99|||**Prior Year**
**Total Funds**
**2022**
**£**
217|
||**99**|||**217**|
||||||
## **25 Expenditure on charitable activities - Charitable trading**
|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
11,746
15,944
3,328
211,616
10,098
2,473
1,469
Reallocated from support costs
_62,545_
**Total charitable trading costs**
**B2b**
**319,219**
Nursery equipment
Gross wages and salaries - charitable trading
activities
Food
Cleaning and hygiene
Defined contribution pension costs - charitable
trading activities
Employers' NI - charitable trading activities
Staff costs other|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
11,746
15,944
3,328
211,616
10,098
2,473
1,469
_62,545_|**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
-
-
-
-
-
-
_7,399_|**Current year**
**Prior Year**
**Total Funds**
**Total Funds**
**2023**
**2022**
**£**
**£**
**11,746**
10,611
**15,944**
16,924
**3,328**
5,569
**211,616**
199,316
**10,098**
8,791
**2,473**
2,114
**1,469**
3,352
**69,944**
_78,806_|
|---|---|---|---|
|||**7,399**|**326,618**
**325,483**|
**Excluding support costs all 2022 expenditure was unrestricted**
16
**North Cheshire Jewish Nursery Education Trust**
## **Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP**
## **26 Support costs for charitable activities**
|**26**
**Support costs for charitable activities**|**26**
**Support costs for charitable activities**|**26**
**Support costs for charitable activities**|||
|---|---|---|---|---|
|**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
**_Premises Expenses_**
30,000
-
2,729
-
6,463
-
3,478
-
1,773
7,399
5,188
-
**_Administrative overheads_**
1,011
-
3,350
-
-
-
425
-
1,517
-
105
-
**_Professional fees paid to advisors other than the auditor or examiner_**
2,546
-
1,464
-
1,118
-
**_Financial costs_**
32
-
319
-
1,027
-
**Support costs before reallocation**
**62,545**
**7,399**
**_Less support costs reallocated to specific activities_**
To charitable trading costs
(62,545)
(7,399)
**£6,846 of the 2022 security was restricted**
**27 Other Expenditure - Governance costs**
**Current year**
**Current year**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Independent Examiner's fees
1,944
-
Auditor's fees
-
-
**Total Governance costs**
**1,944**
**-**
Pension fees
Depreciation & Amortisation in total for the period
Software
Accountancy fees other than examination or audit
fees
Charity donations
Light heat and power
Premises repairs, renewals and maintenance
Security
Property insurance
HMRC Interest
Bank charges
Telephone
Registrations
Consultancy fees
Admin costs
Photocopying
Rates and water
Rent|||**Current year**
**Total Funds**
**2023**
**£**
**30,000**
**2,729**
**6,463**
**3,478**
**9,172**
**5,188**
**1,011**
**3,350**
**-**
**425**
**1,517**
**105**
**2,546**
**1,464**
**1,118**
**32**
**319**
**1,027**|**Prior Year**
**Total Funds**
**2022**
**£**
30,000
2,603
7,069
12,630
8,343
4,733
1,156
3,625
15
422
1,704
-
2,788
1,557
1,102
32
-
1,027|
|||**7,399**
(7,399)
**Current year**
**Restricted**
**Funds**
**2023**
**£**
-
-
**-**|**69,944**
**(69,944)**
**Current year**
**Total Funds**
**2023**
**£**
**1,944**
**-**
**1,944**|**78,806**
(78,806)
**Prior Year**
**Total Funds**
**2022**
**£**
-
1,944|
||**1,944**|||**1,944**|
**All 2022 expenditure was unrestricted**
17
**North Cheshire Jewish Nursery Education Trust**
## **Detailed analysis of income and expenditure for the year ended 31 August 2023 as required by the SORP**
**28 Total Charitable expenditure**
|**Total Charitable expenditure**|**Total Charitable expenditure**||
|---|---|---|
|**Current year**
**Unrestricted**
**Funds**
**2023**
**£**
Total charitable trading costs
**B2b**
319,219
Total Governance costs
**B2e**
1,944
**Total charitable expenditure**
**B2**
**321,163**||**Current year**
**Current year**
**Prior Year**
**Restricted**
**Funds**
**Total Funds**
**Total Funds**
**2023**
**2023**
**2022**
**£**
**£**
**£**
7,399
**326,618**
325,483
-
**1,944**
1,944|
||**321,163**|**7,399**
**328,562**
**327,427**|
18