Charity Number: 1119430
North Cheshire Jewish Nursery Education Trust
Annual Report and Unaudited Financial Statements for the financial year ended 31 August 2025
North Cheshire Jewish Nursery Education Trust
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Information | 3 |
| Trustees' Report | 4 - 6 |
| Statement of Trustees' Responsibilities | 7 |
| Independent Examiner's Report | 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11 - 17 |
2
North Cheshire Jewish Nursery Education Trust REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Charity Number in England and Wales
Principal Address
Independent Examiner
Principal Bankers
Victoria Dale Sara Crane Jessica Saknaee-Fox Jeremy Bolchover Penelope Toubkin (Appointed 2 April 2025)
1119430
St Ann's Road North Heald Green Cheadle SK8 4RZ UK Steven Nixon BSc (Hons) FCCA Chartered Certified Accountants and Registered Auditors 8-10 Gatley Road Cheadle Cheshire SK8 1PY
Nationwide Building Society Kings Park Road Moulton Park Northampton NN3 6NW
Lloyds TSB 223 Finney Lane Heald Green Cheadle SK8 3PY
3
North Cheshire Jewish Nursery Education Trust TRUSTEES' REPORT
for the financial year ended 31 August 2025
The trustees present their Trustees' Report and the unaudited financial statements for the financial year ended 31 August 2025.
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 Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) 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 Education Trust present a summary of its purpose, governance, activities, achievements and finances for the financial year 31 August 2025.
Mission, Objectives and Strategy
Objectives
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.
Structure, Governance and Management
Structure
The charity is constituted as an unincorporated charity, established by Trust Deed. The governing document of the charity is the Trust Deed, dated 20 November 2006, 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.
Governance
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 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.
4
North Cheshire Jewish Nursery Education Trust TRUSTEES' REPORT
for the financial year ended 31 August 2025
Review of Achievements and Performance
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 results for the financial year and additional notes show income and expenditure in greater detail.
The Nursery had an Ofsted inspection this year and was rated as a “good” Nursery. Recommendations made by Ofsted have been reviewed and put in place.
We have supported children with SEN and have taken on several social services cases.
Pupil numbers remain low. 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 looking at ways to attract children outside the Jewish faith to increase the numbers.
Financial Review
Incoming resources totalled £439,105, the major part being nursery fees which, including grants, totalled £391,549. Total resources expended amounted to £402,209. Therefore the result for the period was a surplus of £36,896.
Net assets at 31 August 2025 amounted to £240,851.
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Results
At the end of the financial year the charity has assets of £255,905 (2024 - £228,415) and liabilities of £15,054 (2024 - £24,460). The net assets of the charity have increased by £36,896.
Review of the Financial Position
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.
Reserves Position and Policy
Reserves Policy
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. Target reserves are set at £80,000. This amount is held in a separate bank account balance being £78,541 at the 31[st] August 2025. This bank account attracts interest so the balance will increase over time, at the 31st March 2026 the balance was £81,297 which is above the target figure.
Principal Risks and Uncertainties
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.
Compliance with Sector-Wide Legislation and Standards
The charity engages pro-actively with legislation, standards and codes which are developed for the sector. North Cheshire Jewish Nursery Education Trust subscribes to and is compliant with the following: ▪ The Charities SORP (FRS 102)
5
30/06/2026
North Cheshire Jewish Nursery Education Trust TRUSTEES' REPORT
for the financial year ended 31 August 2025
Approved by the Board of Trustees on ________ and signed on its behalf by:
________Jeremy Bolchover Trustee
6
North Cheshire Jewish Nursery Education Trust STATEMENT OF TRUSTEES' RESPONSIBILITIES
for the financial year ended 31 August 2025
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 at the financial year end date and of the surplus or deficit of the charity and otherwise comply with 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 that are reasonable and prudent;
-
state whether the financial statements have been prepared in accordance 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 statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees confirm that they have complied with the above requirements in preparing the financial statements.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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.
30/06/2026
Approved by the Board of Trustees on ________ and signed on its behalf by:
________Jeremy Bolchover Trustee
7
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North Cheshire Jewish Nursery Education Trust STATEMENT OF FINANCIAL ACTIVITIES
for the financial year ended 31 August 2025
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|Funds|Funds|Funds|Funds|Funds|Funds|
|2025|2025|2025|2024|2024|2024|
|Notes|£|£|£|£|£|£|
|Income|
|Donations and legacies|3.1|31,290|13,024|44,314|30,287|9,550|39,837|
|Charitable activities|
|Nursery|3.2|391,549|-|391,549|318,616|-|318,616|
|Investments|3.3|3,242|-|3,242|2,569|-|2,569|
|Other income|3.4|-|-|-|45|-|45|
|───────|───────|───────|───────|───────|───────|
|Total income|426,081|13,024|439,105|351,517|9,550|361,067|
|───────|───────|───────|───────|───────|───────|
|Expenditure|
|Charitable activities|4.1|389,185|13,024|402,209|342,848|9,550|352,398|
|───────|───────|───────|───────|───────|───────|
|-|-|
|Net income/(expenditure)|36,896|36,896|8,669|8,669|
|Transfers between funds|-|-|-|-|-|-|
|───────|───────|───────|───────|───────|───────|
|Net movement in funds for|36,896|-|36,896|8,669|-|8,669|
|the financial year|
|Reconciliation of funds:|
|Total funds beginning of the|15|203,955|-|203,955|195,286|-|195,286|
|year|
|───────|───────|───────|───────|───────|───────|
|Total funds at the end of|240,851|-|240,851|203,955|-|203,955|
|the year|
|═══════|═══════|═══════|═══════|═══════|═══════|
----- End of picture text -----
The Statement of Financial Activities includes all gains and losses recognised in the financial year. All income and expenditure relate to continuing activities.
The notes on pages 11 to 17 form part of the financial statements
9
North Cheshire Jewish Nursery Education Trust BALANCE SHEET
as at 31 August 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed Assets | |||
| Tangible assets | 9 | 5,138 | 6,165 |
| ─────── | ─────── | ||
| Current Assets | |||
| Debtors | 10 | 14,147 | 18,532 |
| Cash at bank and in hand | 236,620 | 203,718 | |
| ─────── | ─────── | ||
| 250,767 | 222,250 | ||
| ─────── | ─────── | ||
| Creditors: Amounts falling due within one year | 11 | (15,054) | (24,460) |
| ─────── | ─────── | ||
| Net Current Assets | 235,713 | 197,790 | |
| ─────── | ─────── | ||
| Total Assets less Current Liabilities | 240,851 | 203,955 | |
| ═══════ | ═══════ | ||
| Funds | |||
| General fund (unrestricted) | 240,851 | 203,955 | |
| ─────── | ─────── | ||
| Total funds | 15 | 240,851 | 203,955 |
| ═══════ | ═══════ |
The financial statements have been prepared in accordance with the provisions applicable to charities and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
30/06/2026
Approved by the Board of Trustees and authorised for issue on ________ and signed on its behalf by
________Jeremy Bolchover Trustee
The notes on pages 11 to 17 form part of the financial statements
10
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
1. GENERAL INFORMATION
North Cheshire Jewish Nursery Education Trust is a charity incorporated in England. The registered office of the charity is St Ann's Road North, Heald Green, Cheadle, 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 the functional currency of the charity.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies 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 concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared 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 Ireland FRS 102", applying Section 1A of that Standard.
The Charity is public benefit entity.
Statement of compliance
The financial statements of the charity for the financial year ended 31 August 2025 have been prepared on the going concern 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 Ireland FRS 102", applying Section 1A of that Standard.
Fund accounting
The following are the categories of funds maintained:
Restricted funds
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.
Unrestricted funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Income
Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attached to the item(s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity.
Income from charitable activities
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.
Investments
Income from investments is included in the year in which it is receivable.
Expenditure
Expenditure is analysed between costs of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past event, a transfer of economic benefits is required in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of the charity but cannot be attributed to one activity. Such costs are allocated to activities in proportion to staff time spent or other suitable measure for each activity.
11
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:
Long leasehold property
Straight line over life of lease
Debtors
Debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Income recognised by the charity from government agencies and other co-funders, but not yet received at financial year end, is included in debtors.
Cash at bank and in hand
Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal.
Taxation
No current or deferred taxation arises as the charity has been granted charitable exemption. Irrecoverable valued added tax is expensed as incurred.
Pensions
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Annual contributions payable to the charity's pension scheme are charged to the profit and loss account in the period to which they relate
| 3. | INCOME | ||||
|---|---|---|---|---|---|
| 3.1 | DONATIONS AND LEGACIES | Unrestricted | Restricted | 2025 | 2024 |
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| Small donations individually less than £1000 | 1,290 | - | 1,290 | 287 | |
| North Cheshire Jewish Nursery Property Trust | 30,000 | - | 30,000 | 30,000 | |
| Community Security Trust | - | 7,979 | 7,979 | 8,253 | |
| SEN Grant | - | 5,045 | 5,045 | 1,297 | |
| ─────── | ─────── | ─────── | ─────── | ||
| 31,290 | 13,024 | 44,314 | 39,837 | ||
| ═══════ | ═══════ | ═══════ | ═══════ | ||
| Prior year restricted income; Community Security | Trust £8,253. | ||||
| 3.2 | CHARITABLE ACTIVITIES | Unrestricted | Restricted | 2025 | 2024 |
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| Nursery: | |||||
| Nursery fees | 237,405 | - | 237,405 | 255,528 | |
| Assisted places discount | - | - | - | (644) | |
| Stockport MBC | 154,144 | - | 154,144 | 63,732 | |
| ─────── | ─────── | ─────── | ─────── | ||
| 391,549 | - | 391,549 | 318,616 | ||
| ═══════ | ═══════ | ═══════ | ═══════ | ||
| 3.3 | INVESTMENTS | Unrestricted | Restricted | 2025 | 2024 |
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| Bank interest | 3,242 | - | 3,242 | 2,569 | |
| ═══════ | ═══════ | ═══════ | ═══════ |
12
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
| 3.4 | OTHER INCOME | Unrestricted | Restricted | 2025 | 2024 | |
|---|---|---|---|---|---|---|
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| Recycling | - | - | - | 45 | ||
| ═══════ | ═══════ | ═══════ | ═══════ | |||
| 4. | EXPENDITURE | |||||
| 4.1 | CHARITABLE ACTIVITIES | Direct | Other | Support | 2025 | 2024 |
| Costs | Costs | Costs | ||||
| £ | £ | £ | £ | £ | ||
| Food | 11,922 | - | - | 11,922 | 11,376 | |
| Cleaning and hygiene | 18,267 | - | - | 18,267 | 15,474 | |
| Nursery equipment | 1,984 | - | - | 1,984 | 6,689 | |
| Gross wages and salaries - | 270,421 | - | - | 270,421 | 225,767 | |
| charitable trading activities | ||||||
| Employers' NI - charitable trading | 12,816 | - | - | 12,816 | 11,586 | |
| activities | ||||||
| Defined contribution pension costs - | 3,772 | - | - | 3,772 | 2,538 | |
| charitable trading activities | ||||||
| Staff costs other | 2,964 | - | - | 2,964 | 3,271 | |
| Rent | - | - | 30,000 | 30,000 | 30,000 | |
| Rates and water | - | - | 2,745 | 2,745 | 2,828 | |
| Light heat and power | - | - | 5,815 | 5,815 | 7,324 | |
| Premises repairs, renewals and | - | - | 7,445 | 7,445 | 3,938 | |
| maintenance | ||||||
| Security | - | - | 8,147 | 8,147 | 10,871 | |
| Insurance | - | - | 6,206 | 6,206 | 5,614 | |
| Telephone | - | - | 877 | 877 | 889 | |
| Photocopying | - | - | 3,778 | 3,778 | 3,590 | |
| Admin costs | - | - | 2,291 | 2,291 | - | |
| Registrations | - | - | 1,326 | 1,326 | 429 | |
| Software | - | - | 2,873 | 2,873 | 1,521 | |
| Charity donations | - | - | - | - | 80 | |
| Accountancy fees other than | - | - | 2,035 | 2,035 | 2,729 | |
| examination or audit fees | ||||||
| Consultancy fees | - | - | 2,280 | 2,280 | 1,530 | |
| Pension fees | - | - | 1,142 | 1,142 | 1,123 | |
| Bank charges | - | - | - | - | 32 | |
| HMRC Interest | - | - | - | - | 156 | |
| Depreciation & Amortisation in total | - | - | 1,027 | 1,027 | 1,027 | |
| for the period | ||||||
| Governance Costs (Note 4.2) | - | - | 2,076 | 2,076 | 2,016 | |
| ─────── | ─────── | ─────── | ─────── | ─────── | ||
| 322,146 | - | 80,063 | 402,209 | 352,398 | ||
| ═══════ | ═══════ | ═══════ | ═══════ | ═══════ |
| Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | Restricted expenditure; Gross wages and salaries - charitable trading activities £5,045 (2024 £1,297); Security | |
|---|---|---|---|---|---|---|
| £7,979 (2024 £8,253). | ||||||
| 4.2 | GOVERNANCE COSTS | Direct | Other | Support | 2025 | 2024 |
| Costs | Costs | Costs | ||||
| £ | £ | £ | £ | £ | ||
| Independent Examiner's fees | - | - | 2,076 | 2,076 | 2,016 | |
| ═══════ | ═══════ | ═══════ | ═══════ | ═══════ |
13
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
| 4.3 | SUPPORT COSTS | **Charitable ** | Governance | 2025 | 2024 |
|---|---|---|---|---|---|
| Activities | Costs | ||||
| £ | £ | £ | £ | ||
| Support | 77,987 | 2,076 | 80,063 | 75,697 | |
| ═══════ | ═══════ | ═══════ | ═══════ | ||
| 5. | NET INCOME | 2025 | 2024 | ||
| £ | £ | ||||
| Net Income is stated after charging/(crediting): | |||||
| Depreciation of tangible assets | 1,027 | 1,027 | |||
| Independent Examiner's remuneration: | |||||
| - independent examination services | 2,076 | 2,016 | |||
| - other non-independent examination services | 2,035 | 2,729 | |||
| ═══════ | ═══════ | ||||
| 6. | INVESTMENT AND OTHER INCOME | 2025 | 2024 | ||
| £ | £ | ||||
| Sundry income | - | 45 | |||
| Bank interest | 3,242 | 2,569 | |||
| ─────── | ─────── | ||||
| 3,242 | 2,614 | ||||
| ═══════ | ═══════ | ||||
| 7. | INTEREST PAYABLE AND SIMILAR CHARGES | 2025 | 2024 | ||
| £ | £ | ||||
| HMRC interest | - | 156 | |||
| ═══════ | ═══════ | ||||
| 8. | EMPLOYEES AND REMUNERATION |
Number of employees
The average number of persons employed (including executive trustees) during the financial year was as follows:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| Nursery | 17 | 14 |
| ═══════ | ═══════ | |
| The staff costs comprise: | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 270,421 | 225,767 |
| Social security costs | 12,816 | 11,586 |
| Pension costs | 3,772 | 2,538 |
| ─────── | ─────── | |
| 287,009 | 239,891 | |
| ═══════ | ═══════ |
No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.
14
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
| 9. | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|
| Long | Total | ||
| leasehold | |||
| property | |||
| £ | £ | ||
| Cost | |||
| At 31 August 2025 | 21,574 | 21,574 | |
| ─────── | ─────── | ||
| Depreciation | |||
| At 1 September 2024 | 15,409 | 15,409 | |
| Charge for the financial year | 1,027 | 1,027 | |
| ─────── | ─────── | ||
| At 31 August 2025 | 16,436 | 16,436 | |
| ─────── | ─────── | ||
| Net book value | |||
| At 31 August 2025 | 5,138 | 5,138 | |
| ═══════ | ═══════ | ||
| At 31 August 2024 | 6,165 | 6,165 | |
| ═══════ | ═══════ | ||
| 10. | DEBTORS | 2025 | 2024 |
| £ | £ | ||
| Trade debtors | 2,536 | 5,550 | |
| Other debtors | 4,679 | 5,327 | |
| Prepayments and accrued income | 6,932 | 7,655 | |
| ─────── | ─────── | ||
| 14,147 | 18,532 | ||
| ═══════ | ═══════ | ||
| 11. | CREDITORS | 2025 | 2024 |
| Amounts falling due within one year | £ | £ | |
| Trade creditors | 5,340 | 4,172 | |
| Taxation and social security costs (Note 12) | 4,306 | 7,424 | |
| Other creditors | 1,908 | 3,132 | |
| Accruals and deferred income: | |||
| Pension accrual | 953 | 553 | |
| Other accruals | 2,547 | 9,179 | |
| ─────── | ─────── | ||
| 15,054 | 24,460 | ||
| ═══════ | ═══════ | ||
| 12. | TAXATION AND SOCIAL SECURITY | 2025 | 2024 |
| £ | £ | ||
| Creditors: | |||
| PAYE / NI | 4,306 | 7,424 | |
| ═══════ | ═══════ |
13. PENSION COSTS - DEFINED CONTRIBUTION
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately - from those of the charity in an independently administered fund. Pension costs amounted to £3,772 (2024 £2,538).
15
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
14. RESERVES
| 2025 | 2024 | |||||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| At the beginning of the year | 203,955 | 195,286 | ||||
| Surplus for the financial year | 36,896 | 8,669 | ||||
| ─────── | ─────── | |||||
| At the end of the year | 240,851 | 203,955 | ||||
| ═══════ | ═══════ | |||||
| 15. | FUNDS | |||||
| 15.1 | RECONCILIATION OF MOVEMENT IN FUNDS | Unrestricted | Total | |||
| Funds | Funds | |||||
| £ | £ | |||||
| At 1 September 2023 | 195,286 | 195,286 | ||||
| Movement during the financial year | 8,669 | 8,669 | ||||
| ─────── | ─────── | |||||
| At 31 August 2024 | 203,955 | 203,955 | ||||
| Movement during the financial year | 36,896 | 36,896 | ||||
| ─────── | ─────── | |||||
| At 31 August 2025 | 240,851 | 240,851 | ||||
| ═══════ | ═══════ | |||||
| 15.2 | ANALYSIS OF MOVEMENTS ON FUNDS | |||||
| Balance | **Income ** | Expenditure | Transfers | Balance | ||
| 1 September | between | 31 August | ||||
| 2024 | funds | 2025 | ||||
| £ | £ | £ | £ | £ | ||
| Restricted | - | 7,979 | - | - | 7,979 | |
| SEN and CST Grants | - | 5,045 | 13,024 | - | (7,979) | |
| ─────── | ─────── | ─────── | ─────── | ─────── | ||
| - | 13,024 | 13,024 | - | - | ||
| ─────── | ─────── | ─────── | ─────── | ─────── | ||
| Unrestricted funds | ||||||
| Unrestricted General | 203,955 | 426,081 | 389,185 | - | 240,851 | |
| ─────── | ─────── | ─────── | ─────── | ─────── | ||
| Total funds | 203,955 | 439,105 | 402,209 | - | 240,851 | |
| ═══════ | ═══════ | ═══════ | ═══════ | ═══════ |
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.
15.3 ANALYSIS OF NET ASSETS BY FUND
| Fixed | Current | Current | Total | |
|---|---|---|---|---|
| assets | assets | liabilities | ||
| - charity use | ||||
| £ | £ | £ | £ | |
| Unrestricted general funds | 5,138 | 250,767 | (15,054) | 240,851 |
| ─────── | ─────── | ─────── | ─────── | |
| 5,138 | 250,767 | (15,054) | 240,851 | |
| ═══════ | ═══════ | ═══════ | ═══════ |
16
continued
North Cheshire Jewish Nursery Education Trust NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 August 2025
16. RELATED PARTY TRANSACTIONS
North Cheshire Jewish Nursery Property Trust
During the year £30,000 (2024 £30,000) rent was paid to the Property Trust and £30,000 (2024 £30,000) donation was received from the Property Trust.
No trustees or persons connected with them received any remuneration or expenses from the charity, or any related entity.
17. POST-BALANCE SHEET EVENTS
There have been no significant events affecting the Charity since the financial year-end.
18. 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.
17