Trustees. Annual Report for the period Period start date Period end date From 01 2023 To 31 03 2024 Section A Reference and administration details Charity name Manchester Japanese School Other names charity is known by Registared charity number (if any 1122679 Charlty's principal address CIO Lymm High School Oughtrington Lane Lymm Postcode WA13 ORB Name8 of the charity trustee8 who manage the charlty Name of p•r•on lor body) ontitlgd to appolnt trustse Ilf Tru•te• nam& OfflGe Ilfany} Datss •cted if not for whol• year Keisuke Mori Chairman 1 Apr 2023- 1 Apr 2023- 31 Mar 2024 1 Apr 2023- 31 Mar 2024 1 Apr 2023- 31 Mar 2024 1 Apr 2024 - 1 Apr 2024 - 1 Apr 2024 - Shigeyoshi Horiike Yuta Takenouchi Katsuhiro Miyagawa Shigetoyo Kashiwazakl Chiori Yamamoto Chief Operating Officer Chairman Toru Osawa Chief Operation Officer 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for the charity, if any, (for example, any custodian trust•es) Name Dates acted if not for whole ear TAR April 2016
Names and addresses of advisers (Optional information) e of advlser Nama Addrass Accountants DJH Mitten Clarke Bridge House, 157 Ashley Road, Hale, Altrincham, Limited Cheshire WA14 2UT Name of chief executive or names of senior staff members (Optional information) Section B Structure, overnance and mana ement Description of the charity's trusts Trust Deed Type of governing document How the charity is constituted Trusl Trustee selection methods leg. appointed by. eiecteQ'bv'. Appointed by existing trustees Additional governance issues (Optional inforniation) You may choose to include additional infomiation, where relevant, about: policies and procedures adopted for the induction and training of trustees; the charty's organisational structure and any wider network with which the charity relationship with any related parties. trustees, consideration of major risks and the system and procedures to manage thern. Section C Ob ectives and activities To advance the education of Ihe pupils of Manchester Japanese School, in particular but not exclusively, to further their knowledge of Japanese language and culture in order to assist the Japanese pupils in re-establishing themselves in their educational institutions and communities upon their return to Japan. Summary of the objects of the charity sèt out in itg governing document TAR April 2016
Japanese and Arithmeticlmathematics tuition carried out in Japanese on Saturdays, 3 hours for Japanese and 2 hours for Arithmeticlmathematics per day. In planning the tuition, the trustees have paid due regard to the guidan on public benefit issued by the Charty Commission. 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 publlc benefit) Additional detsils of objectives and activities (Optional information) You may choose to include further statements, where relevant, about.. policy on grantmaking; policy programme related investment., contribution made by volunteers. TAR April 2016
Section D Achievements and performance The School conducted its Japanese and Arithmeliclmathematics tuition in Japanese in accordance with the curriculum stipulated by the Japanese Government , on 41 Saturdays though out the year for pupils between ages 6 and 15. Summary of the main achievements of the charity during the year TAR Aprll 2016
Section E Financial review Resenies are held to balance the funds required for the operation of the school and for unforeseen cirCumstanS arising from operating the school. Brief statement of the charity's policy on reserves Details of any funds materially in deficit None Further financial review details (Optional information) You may choose to include additional information, where relevant about.. the charity's principal sources of funds (including any fundraising). how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charlty's truste6S Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Toru Osawa Chief Operating Officer Date TAR Aprll 2016
Charity Registration No. 1122679 MANCHESTER JAPANESE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
MANCHESTER JAPANESE SCHOOL Legal and administrative information Trustees Mr C Yamamoto (Appointed l April 2024) Mr S Kashiwazki (Appolnted l April 20241 Nr K Mori (Appointed l April 20231 Ch•rlty number 1122679 Prlnclpal address Clo Lymm High School Oughtrington Lane Lymm Cheshi WA13 OR8 Independant examlner DJH 8usine5s Advisers Limlted Ashley Road Hale Altrincham WA14 2UT Bankers The Bank of Tokyo-Mltsubi5hi UFJ Ltd Ropemaker Place 24 Ropemaker Street London EC2Y 9AN
Manchester Japanese School Contents Page Tn*stees report Statement of trustees responsibilltles Independent examlner's report Statement of flnanclal actlvltles Balance sheet Notes to the flnanclal statements 7-14
MANCHESTER JAPANESE SCHOOL Trustees report FOR THE YEAR ENDED 31 MARCH 2024 The trustees present thelr annual report and flnanclal ststements for the year ended 31 March 2024. The financlal statements have been prepared In accordance wlth the accounting pollcies set out in note I to the financial statements and comply with the charity'5 governing document, the Charitie5 Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to charitle5 preparlng their OCCOLtnts In accordance wlth the Financlal Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019)" Objectlves and actlvities The objectives of the charity are to advance the education of the pupils of Manchester Japanese School, in particular but not exclusivelyi to further their knowleége 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 mathematic5 lessons in Japanese following the curriculum stlpulated by the Japanese Government, on 41 Saturdays through out the year for pupi15 ages 6 to 15. The trustees have paid due regard to guidance on public benefit 15sued by the Charity Commisslon In decidlng what actlvltles the charity should undertake, Achlevements and performance The charlty contlnues to operate and achleve success in the management of Manchester Japanese School (The School) but not excluslvely to further thelr knowledge of the Japanese language and culture In order to help catch up on school Ilfe and the community In Japan when they move there, Flnanclal revlew In the current fSnanclal year, charltable Income decreased from £108,159 to £96,834. Donatlon5 and tultlon fees are the prlnclpal Source of charlty fundlng. Addltlonally, expendSture on charltable expendltu increased from £91,083 to £95,379. As a result, the charity operated at a surplus of El,455 (2023.. surplus £17,076). The charlty has kept sufflclent funds for the next flnanclal year, to meet the needs of the charlty and Its statutory obllgations. The results for the year are set out In the Statement of Flnancial Actlvitles on page 5. Reserves will be held to balance the funds required for the operatlon of the school and for unseen clrcumstances arlsing from operatlng the school. It 15 the pollcy of the charlty that unrestrlcted funds whlch have not been designated for a speciflc use should be maintained at 3 target level of £50,000. The trustees considers that reserves at this level wlll ensure that, In the event of a slgnificant drop In funding, they will be able to contlnue the charity's current actlvltles whlle consideratlon Is given to ways in which additional funds may be raised. Thi5 level Df reserves has been malntalned throughout the year. At 31 March 2024 the charlty's level of free unrestrltted reserves was £73,313. The total reserves as at 31 March 2023 was £73,858, whlch Is consldered sufficlent In accordance wlth the charlty's reserves pollcy. The trustees have assessed the major risks to which the charity Is exposed, and are satlsfled that systems are in place to mitigate exposure to the major rlsks. Plans for future perlods The charlty wlll continue to provlde essentlal educatlonal servlce5, to Japanese pupils currently resldlng In the Greater Manchester area.
MANCHESTER JAPANESE SCHOOL Trustees report (continued) FOR THE YEAR ENDED 31 MARCH 2024 Structurei 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 Shigeyoshi Horiike Mr Keisuke Mori Mr Yuta Takenouchi Mr Katsuiro Miyagawa l April 2023 to 31 March 2024 l April 2023 to 31 March 2024 l April 2023 to 31 March 2024 l April 2023 to 31 March 2024 Method of recruitment and appolntment of trustees Trustees are selected and appointed by existing trustees. The Trustees, report was approved by the Board of Trustees. Mr T Osawa Date:
Manchester Japanese School Statement of trustees responsibilities For the year ended 31 March 2024 The trustees are responsible for preparing the Trustees Report and the flnancial statements In accordance with applicable law and United Klngdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practlce). The law applicable to charlties In England and Wales requires the trustees to prepare fSnancial statements for each financial year which give a true and fair view of the state of affalrs of the charity and of the Incoming resources and application of resources of the charity for that year. In preparlng these flnancial staternents, the trustees are requlred to: select Sultable accountlng pollcles and then apply them conslstently. observe the methods and prlnclples in the Charitles SORP,. make Judgements and estimate5 that are reasonable and prudent. state whether appllcable accounting standards have been followed, subject to any materlal departures dlsclosed and explalned In the flnancial *atements' and prepare the ftnanclal statements on the golng concern basis unless It Is Inapproprlate to presume that the charlty will contlnue In operatlon. The trustees are responslble for keeping sufflclent accounting records that dlsclose with reasonable accuracy at any tlme the financial posltlon of the charity and enable them to ensure that the financlal statements comply with the Charities Act 2011, the Charity (Accounts and Report51 Regulations 2008 and the provlsSons of the trust deed. They are also responsible for safeguardlng the assets of the charlty and hence for taklng reasonable steps for the prevention and detectSon of fraud and other Irregularitles.
MANCHESTER JAPANESE SCHOOL Independent examiner's report TO THE TRUSTEES OF MANCHESTER JAPANESE SCHOOL I report to the trustees on my examlnatlon of the financlal statements of Manchester Japanese School Ithe charlty) for the year ended 31 March 2024. Responslbllltles and ba$1$ of report As the trustees of the charity you are responslble for the preparation of the flnancial statements in accordance wlth the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examlnatlon of the charlty's flnancial statements carrled out under sectlon 145 of the 2011 Act. In carrying out my exarnination I have followed all the appllcable Dlrectlons given by the Charity Commission under section 14515)(b) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no matters have come to my attentlon In connectlon with the examlnatlon glvlng me cause to belleve that In any materlal $pert., accountlng records were not kept In respect of the charlty as requlred by sertlon 130 of the 2011 the financlal statements do not accord wlth those records. or the financial statements do not comply wittt the applicable requirements concerning the form and content of account5 set out In the Charltles (Accounts and Reports) Regulatlons 2008 other than any requlrement that the accounts glve a true and falr vlew whlch Is not a matter consldered as part of an independent examlnation. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to which attention should be drawn in thls port In order to enable a proper understandlng of the flnanclal statements to be reached, DJH 8uslness Advlsers LlmSted Bridge House Ashley Road Hale Altrlncham WA14 2UT Dated.,
MANCHESTER JAPANESE SCHOOL Statement of financial activities Including income and expenditure account FOR THE YEAR ENDED 31 MARCH 2024 Unre•trlcted Unrestrlcted nds funds 2024 2023 Notes Donatlons and legacSes Charitable attSvSties other trading activities 38,406 57,019 1,409 52,303 54,910 946 Total Income 96,834 108,159 Charitable activities 95,379 91,083 Net Income lor th¢ year/ Net movement In fund• 1,4SS 17,076 Fund balances at l Aprll 2023 73,858 56,782 Fund balances at 31 March 2024 75,313 73,858 The statement of financSal actlvltles Includes all galns and losses recogn15ed In the year, All funds are unrestricted. All Income and expenditure derlve from contlnulng artlvltles.
MANCHESTER JAPANESE SCHOOL Balance sheet AS AT 31 MARCH 2024 2024 2023 Notes Current assets Cash at bank and in hand 76,878 75,209 Credltors: amounts falllng due within one year 12 11,5651 11,3511 Net current assets 75,313 73,858 fncome funds Unrestricted funds 75,313 73,858 75,313 73,858 The financial statements were approved by the Trustees on Mr T Osawa Trustee
MANCHESTER JAPANESE SCHOOL Notes to the financial statements FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Informatlon Manchester Japanese School Is a charity established under trust deed. 1.1 Accountlng convention The financial ststements have been prepared In accordance wlth the charlty's governing document, the Statement of Recommended Practice.. Accountlng and Reporting by Charities preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 Sssued on 16 July 2014 and the Financial Reporting Standard applicable in the Unlted Kingdom and Republlc of Ireland IFRS 102) and the Charltles Act 2011 and UK Generally Accepted Practlce as It applles from l January 2015. The account5 {financial statements) have been prepared to give a 'true and falr, vlew and have departed from the Charltles (Accounts and Reports) Regulatlons 2008 only to the extent requlred to provide a 'true and falr vlew,. Thls departvre has Involved followlng Accounting and Reporting by Charltles preparlng thelr account5 in accordance with the Flnanclal Reporting Standard appllcable In the UK and Republic of Ireland (FRS 1021 issued on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of Recommended Practice effectlve fmm l April 2005 whlch has slnce been withdrawn. The charlty has taken advantage of the provlslons Sn the SORP for charltles applylng FRS 102 Update Bulletln I not to prepare a Statement of Cash Flows. The financlal statements are prepared in sterllng, which Is the functional currency of the charlty. Monetary amounts Sn these flnanclal statements are rounded to the nearest £. The flnancial statements have been prepared under the hSstorlcal cost conventlon. The prlnclpal ac¢ountln9 pollcles adopted are set out below. 1.2 Golng concern At the tlme of approvlng the flnanclal statements, the trustees have a reasonable expectatlon that the charity has adequate resources to contlnue Sn operatlonal ex15tence for the foreseeable future. Thus the trustees continue to adopt the golng concern basls of accountlng In preparlng the flnanclal statement5. 1.3 Charltable funds Unrestrirted funds are available for use at the dlscretlon of the trustee5 In furtherance of thelr charltable objectlves, All funds are unrestrlcted and undesignated. 1.4 Incoming rasourcos Income is rectsgnised when the charity Is legally entitled to It after any performance condltlon5 have been met, the amount5 can be measured rellably, and it 15 probable that income will be received. Cash donations are recognised on receipt. Other donations are recognlsed once the charlty has been notified of the donatlon, unless performance condltions requlre 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. Legacles are recognised on recelpt or otherwise If the cmarlty has been notlned of an Impendln9 dlstrlbution, the amount is known, and receipt 15 expected. If the amount Is not known, the legacy is treated as a contingent asset.
MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued} 1.5 Resources expended Expenditure is recognised once there is a legal or constructlve obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be requlred In settlement, and the amount of the obligation can be measured reliably. Expendlture is classified by actlvlty. The costs of each actlvlty are made up of the total of dlrect cost5 and shared cost5, includlng support t05ts involved in undertaking each activity. Direct cost5 attributable to a single activity are allocated directly to that attivity. 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 tSme 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 C05t 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 a5515t 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 5UPPOrt costs have been allocated are set out In note 7. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recogni5ed so as to write off the cost or valuation of a55ets less thelr residual value5 over their useful lives on the following bases: Fixtures, flttings & 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 Cash and cash equlvalents Cash and cash equivalents include cash In hand, deposits held at call wlth banks, other short-terni liquid investments wlth original maturitles of three months or less, and bank overdrafts. Bank overdrafts are shown wlthin borrowlngs In current liabilities. 1.8 Flnanclal Instruments The charlty has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Sectlon 12 '0ther Flnancl?I Instruments 155ues' of FRS 102 to all of Its financSal Instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual prov15ions of the instrument. Financial assets and liabilities are offset, with the net amount5 presented In the flnancial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basls or ro reallse the asset ano settle Ihe Ilabillty slmultaneously.
MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policle$ (Contlnued) Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are inltially measured at transartlon prlce Inclucjing transaction costs and are subsequently carrled at amortised c05t using the effectlve interest method unless the arrangement corsstitutes a flnancing transaction, where the transactlon Is measured at the present value of the future receipts discounted at a market rate of Interest. Flnancial assets classlfled as recelvable wlthln one year are not amortlsed. Baslc flnanclal Ilabllltles Basic flnanclal liabi1Stles, Includlng credltors and bank loans are Snltially recognlsed at transactlon price unless the arrangement constitutes a financing transaction, where the debt instrument 15 measured at the present value of the future payments dlscounted at a market rate of inte$t, Flnanclal liabilities classified as payable withln one year are not amortlsed. Debt Instruments are subsequently carrled at amortlsed cost, uslng the effective Inte$t rate method. Trade credltors are obllgatlons to pay for good5 or services that have been acqulred In the ordinary course of operatior15 from suppllers. Amounts payable are cla5slfled as current Ilabilitles If payment is due wlthln one year or less. If not, they are presented as non-current Ilabilitie5. Trade credltors are recognlsed Inltlally at transactlon prlce and subsequently measured at amortlsed cost uslng the effectlve Interest method. Derncognltlon of flnanclal Ilabllltles Financlal IlabllltSes are derecognSsed when the charlty's contrartual obllgatlons explre or are discharged or cancelled. 1.9 Employee beneflts The cost of any unused hollday entitlement Is reco9nised In the perlod in which the employee, servlce5 are received, Termlnation benefits are recognlsed Immediately as an expense when the charlty Is demonstrably commltted to termlnate the employment of an employee or to provlde termlnatlon beneflts. 1.10 Retlrement beneflts Payments to defined contrlbutlon retlrement beneflt schemes a charyed as an expense as they fall due. Crltlcal accountlng estlmate• •nd Judgement$ In the applicatlon of the charlty's accountlng pollcles, the trustees are requlred to make Judgements, estimates and assumptions about the carrylng amount of assets and liabilltles that are not readlly apparent from other sources, The estlmates and associated assumptlons are based on historlcal experience and other factors that are consldered to be relevant. Actual results may differ from these estimates. The estimates and undedying assumptions are reviewed on an ongoing basls. Revislons to accountlng estlmates are recognlsed in the period in whlch the e5tlmate 55 revised where the revlsion affects only that period, or in the period of the revision and future periods where the revision affects both current and future perlods.
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MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2024 Donatlons and legacles 2024 2023 Donations 38,406 52,303 Other tradlng a¢tlvitles 2024 2023 Trading activlty income: other 1,409 946 Charltable actlvltles 2024 2023 staff costs Materials Japanese Materlals - Maths Books Rent Insurance Printingi Statlonery, postage and phone Events Sundry Bank charges 51,743 6,615 3,031 225 48,999 8,907 1,849 202 14,117 2, 180 2, 167 1,965 1,825 12,683 1,978 1,943 1,805 2, 124 - ji 1.210 1,200 85,078 81,690 Share of support costs (see note 7) Share of governance costs (see note 7) 8,537 1,764 7,989 1,404 95,379 91,083 li
MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2024 Trustees None of the trustees (or any persons connerted with them) recelved any remuneTrtion or benefits from the charity during the year. Durlng the year no trustees were reimbursed for expenses in relation to performance of their duties (2023.. £0). Employees Number of employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Equivalent fvll time teachers Administration Equivalent part time teachers io li 12 13 Employment costs 2024 2023 Wages and salarFes Other pension costs 51,696 47 48.968 31 51,743 48,999 All employee time was spent providing either support to the governance of the charity or support services to charitable attivitie5. There were no employees whose annual remuneration was £60,000 or more, 10 Taxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to Its charitable objects. 13
MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2024 11 Tanglble flxed assets VIMtur••¢ ffttlfigl & wulpm•nt Cost At l Aprll 2023 7,316 At 31 March 2024 7,316 Depreclatlon and Impalrment At l Aprll 2023 7,316 At 31 March 2024 7,316 Carrying amount At 31 March 2024 At 31 March 2023 12 Credltor8.' amounts falllng du• wlthln one year 2024 2023 Other taxatlon and soclal securlty Accruals and deferred income li 1,554 1,344 1,565 1,351 13 R•lated party transactlons There were no lated party transactlons requiring dlsclosure durlng the current or prevlous year. 14-