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2021-03-31-accounts

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Trustees’ Annual Report for the period Period start date Period end date From 01 04 2020 To 31 03 2021

Section A Reference and administration details

Charity name| Manchester Japanese School

Registered charity number (if any) | 1122679

Charity's principal address |C/O Lymm High School

Oughtrington Lane

Names of the charity trustees who manage the charity

‘ Name of person (or body) 1 [Hiroyuki Hatakeyama [haimman | 1Awra000-91Deez020 |an | 4 | Kezunisnyame |[————~(tAmrao20-a1mar2o2;[] 5 Chief Operating Officer | 1 Apr 2020- 31 Mar 2021 ee ee | 6 [iseoNoi [harman ——«ftamaozi| [masayostiNozva | —SS=«dtAmat a{vuinoda | —SSSS~d Anos 5 as ame OO Fs een eneeeenL om eeeeres | a See eens MA lo ee Seen eee (ENE Mees: (rote |) (i Pe Pe | Insta ap aaa ea aaa a cacencesdoccenste | (Ot eee ee re 2 Seeeiee ty Reins ee eS ieee ne Names of the trustees for the charity, if any, (for example, any custodian trustees) [Names SSC—~—“—*—sSCSC Dates tcted if not for whole year

TAR

1

April 2016

Names and addresses of advisers (Optional information)

Type of adviser Name Address
HW Chartered Bridge House, Ashley Road, Hale, Altrincham, Cheshire
Accountants WA142UT

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document Trust Deed

Trustee selection methods Appointed by existing trustees

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C

Objectives and activities

To advance the education of the pupils of Manchester Japanese School, in particular but not exclusively, to further their knowledge of Japanese Summary of the objects of the language and culture in order[to][assist][ the][Japanese][pupils][in] charity set out in its re-establishing themselves in their educational institutions and governing document communities upon their return to Japan.

TAR

2

April 2016

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Japanese and Arithmetic/Mathematics tuition carried out in Japanese on
Saturdays, 3 hours for Japanese and 2 hours for Arithmetic/Mathematics
per day. In planning the tuition, the trustees have paid due regard to the
guidance on public benefit issued by the Charity Commission.
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Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
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Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

TAR

3

April 2016

section D

Achievements and performance

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Summary of the main The School conducted its Japanese and Arithmetic/Mathematics tuition in
: ; Japanese in accordance with the curriculum stipulated by the Japanese
achievements of the charity
: Government , on 41 Saturdays though out the year for pupils between
during the year ages 6 and 15.
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TAR

4

April 2016

Section E

Financial review

Reserves are held to balance the funds required for the operation of the Brief statement of the school and for unforeseen circumstances arising from operating the charity’s policy on reserves school.

Details of any funds materially in deficit aie

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Section F

Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

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Position (eg Secretary, Chair, | [Chief] [Operating] [Officer]
etc)
Date 2 | - JRA- , 2O2SRoe
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TAR

5

April 2016

Charity Registration No. 1122679

MANCHESTER JAPANESE SCHOOL

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Haines Watts

Chartered Accountants

Bridge House 157 Ashley Road Hale Altrincham Cheshire WA14 2UT

MANCHESTER JAPANESE SCHOOL

LEGAL AND ADMINISTRATIVE INFORMATION

|Trustees|Mr
| Noji (Appointed 1 April 2021)| |---|---| ||MrM Nozawa (Appointed 1 January 2021)| ||Mr TYagi (Appointed 1 April 2021)| ||MrY Noda (Appointed 1 April 2021)| |Charity number|1122679| |Principal address|C/o Lymm High School| ||Oughtrington Lane| ||Lymm| ||Cheshire| ||WA13 ORB| |Independant examiner|Haines Watts| ||Chartered Accountants| ||Ashley Road| ||Hale| ||Altrincham| ||WA14 2UT| |Bankers|The Bank ofTokyo-Mitsubishi UFJ Ltd| ||Ropemaker Place| ||25 Ropemaker Street| ||London| ||EC2Y9AN|

MANCHESTER JAPANESE SCHOOL

CONTENTS

Page Trustees report 1-2 Statement of trustees responsibilities 3 Independent examiner's report 4 Statement of financial activities 5 Balance sheet 6

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Notes to the financial statements 7-14
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MANCHESTER JAPANESE SCHOOL

TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their annual report and financial statements for the year ended 31 March 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

The objectives of the charity are to advance the education of the pupils of Manchester Japanese School, in particular but not exclusively, to further their knowledge of the Japanese language and culture in order to help catch up on school life and the community in Japan when they move there.

The school provides Japanese and mathematics lessons in Japanese following the curriculum stipulated by the Japanese Government, on 41 Saturdays through out the year for pupils ages 6 to 15.

The trustees have paid due regard to guidance on public benefit issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

The charity continues to operate and achieve success in the management of Manchester Japanese School (The School) but not exclusively to further their knowledge of the Japanese language and culture in order to help catch up on school life and the community in Japan when they move there.

Financial review

In the current financial year, charitable income decreased from £85,293 to £82,773. Donations and tuition fees are the principal source of charity funding. Additionally, expenditure on charitable expenditure increased from £94,050 to £96,420, due to greater costs incurred as a result of the COVID-19 pandemic. As a result the charity operated at a deficit of £13,647 (2020: deficit £8,757).

The charity has kept sufficient funds for the next financial year, to meet the needs of the charity and its statutory obligations.

The results for the year are set out in the Statement of Financial Activities on page 5.

Reserves policy Reserves will be held to balance the funds required for the operation of the school and for unseen circumstances arising from operating the school.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a target level of £60,000. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. At 31 March 2021 the charity's level of free unrestricted reserves was £66,918. The total reserves as at 31 March 2021 was £66,918, which is considered sufficient in accordance with the charity's reserves policy.

Risk management

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Plans for future periods

The charity will continue to provide essential educational services, to Japanese pupils currently residing in the Greater Manchester area.

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MANCHESTER JAPANESE SCHOOL

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Structure, governance and management

The charity was established by a declaration of trust dated 22 January 2007.

The trustees who served during the year were:

Mr H Hatakeyama 1 April 2020 to 31 December 2020 Mr M Oda 1 April 2020 to 31 March 2021 Mr M Nozawa Appointed 1 January 2021 Mr K Ishiyama 1 April 2020 to 31 March 2021 Mr T Sato 1 April 2020 to 31 March 2021

Method of recruitment and appointment of trustees Trustees are selected and appointed by existing trustees.

The Trustees’ report was approved by the Board of Trustees.

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Mr T Yagi Dated:[wl] ‘ SOSo n,2 OVS

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MANCHESTER JAPANESE SCHOOL

STATEMENT OF TRUSTEES RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2021

The trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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MANCHESTER JAPANESE SCHOOL

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF MANCHESTER JAPANESE SCHOOL

| report to the trustees on my examination of the financial statements of Manchester Japanese School (the charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).

| report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

| 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 financial statements to be reached.

Haines Watts

Chartered Accountants

Bridge House Ashley Road Hale

Altrincham WA14 2UT

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MANCHESTER JAPANESE SCHOOL

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted Unrestricted
funds funds
2021 2020
Notes £ £
Income from:
Donations and legacies		 4 32,346 26,084
Charitable activities 3 49,965 58,523
Other trading activities 5 462 686
Total income 82,773 85,293
Expenditure on:
Charitable activities 6 96,420 94,050
Net expenditure for the year/
Netmovement in funds (13,647) (8,757)
Fund balances at 1 April 2020 80,565 89,322
Fundbalancesat31March2021 66,918 80,565

The statement of financial activities includes all gains and losses recognised in the year.

All funds are unrestricted.

All income and expenditure derive from continuing activities.

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MANCHESTER JAPANESE SCHOOL

BALANCE SHEET

AS AT 31 MARCH 2021

2021 2020
Notes 3 £ £ £
Fixed assets
Tangible assets 10 - 561
Current assets
Debtors 1 415 415
Cash at bank and in hand 67,775 80,915
68,190 81,330
Creditors: amounts falling due within
one year 12 (1,272) (1,326)
Net current assets 66,918 80,004
Total assets less current liabilities 66,918 80,565
Income funds
Unrestricted funds 66,918 80,565
66,918 80,565

The financial statements were approved by the Trustees on 21 NAR. 202 =

Mr T Yagi Trustee

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

All funds are unrestricted and undesignated.

1.4 Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

Resources expended are accounted for when paid. Expenditure is attributed to cost categories based on the amount expended during the year. The irrecoverable element of VAT is included with the item of expenses to which it relates.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include office costs, finance, personnel, payroll and governance costs which support the charity's activities. The bases on which support costs have been allocated are set out in note 7.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment 3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

4 Donations and legacies

2021 2020
£ £
Donations 32,346 26,084
5 Other trading activities
2021 2020
£ £
Trading activity income: other 462 686
6 Charitable activities
2021 2020
£ £
Staff costs 52,731 53,692
Materials - Japanese 15,681 6,825
Materials - Maths 3,345 1,843
Books 402 324
Rent 7,823 12,630
Insurance 1,493 1,508
Printing, postage and phone 1,795 1,579
Events 589 1,759
Sundry 1,693 3,296
Depreciation 561 577
Bank charges 1,243 1,014
87,356 85,047
Share of support costs (see note 7) 7,780 7,683
Share ofgovernance costs (see note 7) 1,284 1,320
96,420 94,050

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

During the year no trustees were reimbursed for expenses in relation to performance of their duties (2020: £0).

9 Employees

Number of employees

The average monthly number of employees during the year was:

2021 2020
Number Number
Equivalent full time teachers 9 9
Administration 1 1
Equivalent part time teachers 5 5
15 15
Employment costs 2021 2020
£ £
Wagesandsalaries 52,731 53,692

All employee time was spent providing either support to the governance of the charity or support services to charitable activities.

There were no employees whose annual remuneration was £60,000 or more.

10 Tangible fixed assets

Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 April 2020 7,316
At 31 March 2021 7,316
Depreciation and impairment
At 1 April 2020 6,755
Depreciation charged in the year 561
At 31 March 2021 7,316
Carrying amount
At31March2020 561

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MANCHESTER JAPANESE SCHOOL

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

11. Debtors
2021 2020
Amounts falling due within one year: £ £
Other debtors 415 415
12 Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors - 66
Accruals and deferred income 1272 1,260
1,272 1,326

13 Related party transactions

There were no related party transactions requiring disclosure during the current or previous year.

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