Draft financial statements at 30 January 2026 at 10:51:54 Charity Re9lStratlon No. 1122679 MANCHESTER JAPANESE SCHOOL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Draft flnanclal statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Legal and administrative informatlon Trustees Ippel Kondo (Appolnted l Aprll 2025) H15ashl Ota (Appolnted l Aprll 2025) Kento Maruyama (Appolnted l Aprll 2025) Shlgetoyo Kashlwazakl {01 Aprll 2024) Chjrlty number 1122679 Prln¢ipal •ddr•$s Brother House l Tame Street Audenshaw Manchester M34 5JE Independant examlner DJH Buslness Advlsers Llmlted Ashley Road Hale Altrincham WA14 2 Bankers HSBC Lancaster 35 Market street Lancaster Lancashlre LAI IJQ
Draft flnanclal stalements at 30 january 2026 at 10:51:54 Manchester Japanese School Contents Pag• Trustee5 report Statement of trustees respon51bllltles Independent examlnerfs report statement of flnanclal actlvltles Balance sheet Notes to the fln)nclal statements 7-15
Draft flnanclal statements at 30 January 2Q26 at 10:51:54 MANCHESTER JAPANESE SCHOOL Trustees report FOR THE YEAR ENDED 31 MARCH 2025 The trustees present thelr annual report and financlal statements for the year ended 31 March 2025, The flnanclal statements have been prepared In accordance wlth the accountlng polldes set out In note I to the financlal 5tstements and comply wlth the thadty's governlng d0Ment, the Charltles Art 2011 and "Accountlng and Reportlng by Charlties: Statement of Recommended Practlce appllcable to charltSes preparing thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FKS 102) (effectlve l January 2019)°. Objectlves and actlvltle9 The objecilves of the charlty are to advance the educatlon of the puplls of Manchester Japanese School, In partlcular but not excluslvelyi to further thelr knowledge of the Japanese language and Culture In order to help catch up on school Ilfe and the communlty In Japan when they move there. The school provldes Japanese and mathemaucs lessons In Japanese followlng tlie currlculum stlpulated by the Japanese Government, on 41 Saturdays through out the year for puplls ages 6 to 15. The trustees have pald due regard to guldance on publlc benefit Issued by the Charlty Commlsslon In deddlng what ucUvltl&s the charlty should undertake. Adbiévements and performanc• The chBrlty contlnue5 to operate and achleve success In the management of Manchester Japanese School (The School) but not excluslvely to fijrther thelr knowledge of the Japanese language and culture In order to help catch up on school life and the communlty In Japan when they move there, Financial revlew In the current flnanclal year, charltable Income Increased from É96,834 to £10 1,096. Donatlons and tultlon fees are the prlnclpal source of charity fundlng. Addltlonally, expendlture on charltable expendlture Increased from £95,379 to £96,930. As a result, the charlty operated at a surplus of £4,166, (2024: £1,455). The charlty has kept sufflclent funds for the next flnanclal year to meet the needs of the charlty and Its statutory obligations. The results for the year are set out In the Statement of Flnanclal Actlvltles on page 5. Re5erve5 wlll be held to balan the funds requId for the operntlon of the School and for unseen clrcurn5tan5 arfslng from operatlng the school. It Is the pollcy OF the charlty that unrestrlrted funds whlch have not been deslgnated for a speclflc use should be malntalned at a tsrget level of £60,000. The trustees conslders that reseNes at thls level wlll ensure that, In the event of a 51gnlflrAnt drop In fundlng, they wlll be able to contlnue the charlty's current actlvltles whlle conslderntlon Is glven to way5 In whl¢h addltlonal ftjnds may be ralsed. Thls level of reserves has been ma5ntalned throughout the year. At 31 March 2025 the charlty's level of free unrestrlcted reserves was £79,479. The total reserves as at 31 March 2025 was £79,479, whlch Is consldered sufficlent In accordance wlth the charSty's reserves pollcy, ana emen The trustees havo assossed the tnajor rlsks to whlch the charity Is exposed, and are satlsfled that Systems a In place to mltlgato exposure to the maJDI risks.
Draft financial Statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Trustees report (continued) FOR THE YEAR ENDED 31 MARCH 2025 Plans for future perlods The charlty wlll contlnue to provlde essentlal educatlonal servlces, to Japanese Puplls currently re51dlng In the Greatèr Manchester area, Structurei governance and mana9•m¢nt The charlty was establlshed by a declaratlon of trust dated 22 January 2007. The trustees wlio served durlng the year were: Mr Shlgetoyo Kashlwozakl Mr Kelsuke Mori Mr Chlyorl Yamarnoto Mr Toru Osawa l April 2024 to 31 March 2025 l Aprll 2024 to 31 Marth 2025 l Aprll 2024 lo 31 March 2025 l Aprll 2024 to 31 March 2025 Method of recrultment and appolntmant of trustees Trustees are selected and appolnted by exlstlng trustees. The Trustees, report was approved by the Board of Trustees. Ippel Kondo Date: ae / / ..1.2021
Draft flnanclal statements at 30 January 2026 at 10:51:54 Manchester Japanese School Statement of trustees reponslbllltles For the year ended 31 March 2025 The trustees are responslble for preparlng the Trustees Report and the flnanclal statements In accordance with appllcable law and Unlted Kingdom Accountlng Standards Cunlted Klngdom Generally Accepted Accountlng Practlce). The law appllcable to charltles In England and Wales requlres the trustees to prepare financlal statements for each flnanclal year whlch glve a true and falr vlew of the state of affalrs of the charlty and of the Incomlng resources and appllcatlon of resources of the charlty for that year. In preparlng these flnancial statements, the tritstees are requlred to: select sultable accountlng pollcles and then apply them conslstently; observe the methods and prlnclples In the Charltles SORP,. make Judgements and estlmates that are reasonable and prudent; state whether appllcable accountlng standards have been followed, subject to any materlal departures d Isclosed and explalned In the flnanclal statements. and prepare the flnanclal statements on the golng concern basls unless It 15 Inapproprlate to presume that the charlty wlll contlnue In operatlon. The trustees are responslble for keeplng sufficlent accountlng records that dlsclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the charfty and enable them to ensure that the flnanclal statement5 comply wlth the Charftles Act 2011, the Charlty (Accounts and Reports) Regulatlons 2008 and the provlsion5 of the trust deed. They are also responslble for safeguardlng the assets of the charlty and hence for taklng asonable steps for the preventlon and detectlon of fraud and other Irregularltles,
Draft financlal statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Independent examiner's report TO THE TRUSTEES OF MANCHESTER JAPANESE SCHOOL I report to the tnjstees on my examlnatlon of the financlal statements of Manchester Japanese School (the chadty) for the year ended 31 March 2025. Responslbllltles and basls of report As the trustees of the charfty you are responslble for the preparatlon of tho flnandal statement5 In accordance wlth the requ1ments of the Charltles Act 2011. report In respect of my examlnatlon of the charlty's flnanclal statements carrled out under sectlon 145 of the Charltles Act 2011. In carrylng out my examlnatlon I have followed the Dlrertlons glven by the Charlty Commlsslon under sectlon 145(5)(b) of the Charittes Act 2011, Independeht axamlnar's statement I have completed my examlnatlon. J conflrm that no matters have come to my attentlon In connectlon wlth the examlnatlon glvlng me cause to belleve that In any materlal re5pecl: accountlng records were not kept In respect of the charlty as requlred by 5ettlon 130 of the Charltles Act 2011. the flnanclal stalements do not accord wlth those records. or the flnanclal statements do not comply wlth the appllcable requlrements concerning the form and content of flnanclal statements set out In the Charltles (ArLounts and Reports) Regulatlons 2008 other than any requlrement that the flnanclal statements glve a true and falr vlew, whlch Is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come acros5 no other matters In o)nnectlon wlth the examinauon to whlch attentlon should be drnwn In thls report In order to enable a proper understand1ng of the flnanclal statements to be reached. cc<4 DJH Buslnes5 Advlsers Llmlted Brldge House Ashley Road Hale Altrlncham WA14 2 Dated:
Draft financial Statements at 30 January 2026 at 10:51:54 Manchester Japanese School statement of financial actlvltles Includlng Income and expenditure account For the year ended 31 March 2025 Unrestrlcted fund$ 2025 Unrestrldoql funds 2024 Notes Income Iromi Donatlons and legacles Charltable actlvltle5 other tradlng actrjvltles 40,552 58,237 2,307 36,786 57.019 3,029 Total Income 101,096 96,834 Expend5ture on: Charltable actlvltles 96,930 95,379 Total expendlturo 96,930 95,379 Net Incorne and movement In funds 4,166 1,455 Re¢onclllatlon of funds: Fund balances at l Aprll 2024 75,313 73,858 Fund balances at 31 March 202S 79,479 75,313 The statement of flnancial actlvlties Includes all galns and losses recogn5sed In the year. All Income and expendlture derlve from contlnulng actlvltles.
Draft financial ststements pt 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Balan sheet AS AT 31 MARCH 2025 2025 2024 Notes Curront assets Co5h ot b4nk and In hand 81.193 76,878 Credltor5: amounts falllng dua within one yéar 12 (1.7141 {1,565) Net current assets 79,479 75,313 Xncome funds Unrestrlcted funds 79,479 75,313 79,479 75,313 The flnanclal statements were approved by the Trustees on Ippel Kondo Trustee
Drnft flnan¢lal stateménts at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the flnancial statements FOR THE YEAR ENDED 31 MARCH 2025 Aecountlng pollcles Charity Informatlon Manchester Japanese School15 a charlty e5tabllshed under trust deed. l. l Accountlng conventlon The flnandal Statements have been prepared In accordan ¥¥lth the charlty's governlng document, the Statement of Recommended Practl¢e: Attountlng and Reportlng by Charltles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) Issued on 16 July 2014 and the Flnaiiclal Reportlng Standard appllcable In the Unlted Klngdom and Republlc of Ireland (FRS 102) and the Charltles Act 2011 and UK Generally Accepted Pracuce as It applles from l January 2015. The accounts (flnanclal statements) have been prepared to glve a 'true and falr, vlew and have departed from the Charltles {Accounts and Report5) Regulatlans 2008 only to the extent requlred to provlde a 'true and falr vlew,. Thls departure has involved followlng Accountlng and Reportlng by Charlues preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FPS 102) 155ued on 16 July 2014 rather than the Ac¢ountlng and Reportlng by Charttles: Statement of Recommended Practlce effettlve from l Aprll 2005 whlch has slnce been wlthdrawn. The charlty has taken advantage of the provlslons In the SORP for charities applylng FRS 102 Update Bulletln I not to prepare a Statement of Cash Flows, The flnanclal staternents are prepared In sterlSng, whlch Is the functlonal currency of the charlty. Monetary amounts In these flnanclal statements are rounded to the nearest £. The flnancial statements have been prepared under the hlstorlcal st conventlon. The prlndpal accountlng pollcles adopted are set out below. 1.2 Golng concern At the tlme of approvlng the flnanclal statements, the trustees have a reasonable expectation that the charlty has adequate resources to contlnue In operatlonal exlstence for the foreseeable future. Thus the trustees contlnue to adopt the golng concérn basls of accountlng In preparlng the flnanclal statements. 1.3 Charitable funds Unre5trlcted fund5 are avallable for use at the discretlon OF the trustees In furthernnce of thelr charltable obJectlve5. All funds are unre5trlcted and u ndeslgnated. 1.4 Incoming re$our¢¢s Income15 recognlsed when the charlty 15 legally entltled to It after any perforniance condltlons have been met, the aniounts can be measured rellably, and It Is probable that Incorne wlll be recelved. Cash donatlons are recognlsed on recelpt. Other donatlons are recognlsed once the charlty has been notlfied of the donatlcjn, unless performance condltlons requlre deferral of the amount. Income tax recoverdble In relatlon to donatlon5 reIVed under Gift Ald or deeds of covenant Is rocognlsed at the time of the donatlon. Legacles are recognised on reIpt or otherwlse If the charlty has been notlflod of an Impendlng dlstrlbutlon, the amount Is known, and recelpl is expected. If the amountls not known, the legacy Is treated as a contlngent asset.
Draft flnanclal statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the flnancial statements (continued) FOR THE YEAR ENDED 31 MARCH 2025 Arcountlng pollcles (Contlnued) L.5 Resources expendèd Expendbture Is recogfilsed On there15 a legal or constructlve obligatlon to trdnsfer economlc beneflt to a thlrd party, It Is probable that a transfer of economlc beneflts wlll be requlred In settlement, and the amount of the obllgatlon can be measured rellably. Expendlture Is classlfled by actlvlty. The CDsts of each actlvlty are made up of the total of dlrect costs and shared costs, Indudlng support costs Involved In undertaklng each actlvlly. Dlrect costs attrlbutable to a slngle actlvlty are allocated dlreetly to that actlv5ty. Shared costs whlch contrlbute to more than one actlvlty and support costs whlch are not attrfbutable to a slngle actlvity are apportloned between those actlvltles on a basss conslstent wlth the use of resources. Central staff costs are allocated on the basls of tlme spent, and depreclatlon charges are allocated on the portlon of the asset's Use. Resources expended are accounted for when pald. Expènditure Is attrlbuted to cost caiegorles based on the amount expended dur5n9 the year, The Irrecoverable element of VAT Is Included wlth the Item of expenses to whlch It relates, Support Costs dre those funrtlons that asslst the work ol the charlty but do noe dlrectly undertake charltable artlvltles. Support costs Include offlce costs, flnance, personnel, payroll and govemance cost5 Yihlch support the charfty's actlvltles, The bases on whlch support costs have been allocated are set out In note 7. l.fj Tanglble fixed assets Trnglble flxed assets are Inltlally measured at cost and subsequently measured at cost or valuatlon, net of depreclauon and any Impalrment losse5. Depreclatlon Is recognlsed so as to wrlte off the cost or valuatlon of assets l&ss thelr resldual values over thelr useful Ilves oft the followlng bases., Flxtures, flttlngs & equlprnent 3 years strdight Ilne The galn or loss arlslng on the dlsposal Df an asset Is determlned as tho dlfforence bct¥vcen the sale proceeds and the carrylng value of the asset, and Is recognlsed In the statement of finandal actlvitles. 1.7 Cash and cash equivalents Cash and cash equlvalents Snclude cash In hand, deposlts held at call wlth banks, other short-term Ilquld Investments wlth orlgSnal MarItIeS of three months or less, and bank overdrafts. Bank overdrnfts are shown wlthln borrowlngs In current Ilabllltles. 1.8 Flnanclal Instruments The charlly has elected to apply the provls5ong of Sectlon 11 'Baslc Flnancial Instruments, and SectSon 12 '0ther Flnanclal Instruments Issues, of FRS 102 to all of Its financlal In5trurnents. Flnanclal Instruments are recognlsed in the charlty's balan sheet w.hen the charlty becomes party to the contrdctual provlsions of the Instrument. Flnancial assets and liabilltles are offset, wlth the net amounts presented In the flnanclal statements, when there [5 a legally enforceable rlght to set off the recognlsed amounts and there 15 an Intentlon to settle on a net basls or to reallse the asset and settle the Ila blllty slmultaneously.
Draft financial statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the financial statements (contlnued) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles {Contlnued) Baslc financial assets Baslc flnanclal assets, whlch Include debtors and cash and bank balances, are Inltlally measured at trdnsactlon prlce Includlng transactlon costs and are subsequentty carrled at amortised cost uslng the effectlve Interest method unless the arrangement constltutes a flnanclng transactlon, where the transactlon Is measured at the present value of the future retelpts dlscounted at a market rate of Interest. Rnandal assets classlfied as recelvable wlthln one year are not amortlsed. Basic financlal ljabllltles Baslc financlal Ilabllltles, Indudlng credltors and bank loans are Inltlally recognlsed at transactlon prlce unle55 the arrangement constitutes a flnanclng transactlon, where the debt Instrument Is measured at the present value of the future payments d15counted at a market rate of Interest. Flnanclal Ilabllltles classlfled as payable wlthln one year are not amortlsed. Debt Instruments are subsequently carrled at amortlsed cost, uslng the effective Interest rnte method. Trade credltors are obllgatlons to pay for goods or servlces that have been acqulred In the ordlnary course of operatlons from suppllers. Arnounts payable are da551fled as current Ilabllltles If payrnent Is due wlthln one year or less. If not, they are presented as non-current Ilabllltles, Trade credltors are recogn15ed Inlt5ally at transactlon prlce and subsequently measured at amortlsed cost Uslng the effectlve Interest method, Derecognltlon of flnanclal Ilabilitlos Flnanclal Ilabllltles are derecognlsed when the charlty's contractual obllgatlons explre or are dlscharged or cancelled. 1.9 Employee beneflts The cost of any unused hollday enlltlement Is recognlsed in the perlod In whlch the employee's servlces are recelved. Termlnatlon beneflts are recognlsed Immediately a5 an expense when the charlty Is dernonstrnbly commltted to termlnate the ernployment of an employee or to provlde temilnatlon beneflts. 1.10 Retlremént benefits Payments to deflned contributlon retSrement benefit schemes are charged as an expense as they f)11 due. Critlcal accountlng estlmates and Judgements In the appllcatlon of the charlty's accountlng pollcles, the trustees are requlred to make Judgements, estlmates and assumptlons about the carrylng amount of assets and Ilabllltles that are not readlly apparent from other source5, The esllmates and assoclated assumpllons are based on hlstorlcal experlence and other factors that are consldered to be relevant. Actual results may dlffer from these estlmate5. The estlmates and underlylng assumptlons are revlewed on an ongolng basls. Revislons to accountlng estlmates are recognlsed In the pedod In whlch the estlmate Is rev15ed where the revlslon affects only that perlod, or In the perlod of the revlslon and future perlods where the revlslon affects both urrent and future perlods.
Draft flnandal statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2025 Donations and legacles 2025 2024 Donations 40,552 36,786 other tradlng 4rtlvltles 2025 2024 Tradlng actlvlty Income.. other 2,307 3,029 Chwrltable a¢tiviti•s 2025 2024 Staff costs Materlals - Japanese Materlals - Maths Books Rent Insurance Prlntlng, statloneryi Postage and phone Events Sundry Bank Charges 50,421 11,586 3,270 200 51,743 6,615 3,031 225 14,678 14,117 1,063 J,268 1,532 3SS 2,167 1.965 1,625 1,210 86,601 85,078 Share of support costs (see note 7) Share of governance costs (see note 7) 8.585 1,744 6.537 1,764 96,930 95,379 li
Draft tlnanclal statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the financial statements (continued) FOR THE YEAR ENDED 31 MARCH 2025 Trustees None or the trustees (or any persons connected wlth them) recelved any remuneratlon or benefits from the charlty durfng the year. Ourlng the year no trustees were relmbursed for expenses In relauon to perf0rrnan of thelr dutles (2024: £0). Employees Number of employees The average monihly number of employees durfng the year was: 2025 Number 2024 Number Equlvalent full tlme teachers Admlnlstratlon Equlvalent part time teachers io 12 14 Employment Costs 2025 2024 Wages and salarjes other penslon costs 50,372 49 51,696 47 50,421 51,743 All employee tlme was spent provld ing elther support to the governance of the charlty or support servlces to charieable act5vltles. There were no employeeg whose annual remuneTrtlon was £60,000 or more. 10 Taxatlon The charfty Is exempt from tax on income and galns falllng wlthln sectlon 505 of the Taxes Act 1988 or sectlon 252 or the Taxation of Chargeable Ga5ns Act 1992 lo the extent that these Rre applled to Its charltable objects. 13-
Draft flnan¢i41 statements at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the financial statements (contlnued) FOR THE YEAR ENDED 31 MARCH 2025 11 Tanglblè flxed assets Flxtures, & iqulpm•ttt Cost At l Aprll 2024 7.316 At 31 Narch 2025 7,316 Depreclatlon and Impalrment At l Aprll 2024 7,316 At 31 March 2025 7,316 Carrylng amount At 31 March 2025 At 31 March 2024 12 Credltorsi amounts falllng due wlthln one year 2025 2024 Other taxatlon and soclal securlty Accruals and defcrred Income 24 li 1,554 1,690 1,714 L3 Retirement beneflt schemes 2025 2024 Defin•d Contribution s¢h•mes Charye to proflt or loss In respect of deflned contrlbutlon schemes 49 47 The charlty operales a deflned contrlbutlon pension scheme for all quallfylng employee5. The assets of the scheme are hold separately from those of the charlty In an Indeperbdently admlnlstered fund. 14-
Draft fInanclal statetnents at 30 January 2026 at 10:51:54 MANCHESTER JAPANESE SCHOOL Notes to the flnancial statements (continued) FOR THE YEAR ENDED 31 MARCH 2025 14 Unrestricted funds The unrestrlcted funds of the char]ty comprlse the unexpended balance5 of donatlons and grants hlch are not subject to speclflc condltlons by donors and grantor5 as to how they may be used. These Include deslgnated funds whlch have been set aslde out of unre5trlcted fijnds by the trustees for speclfic purposes. At l Aprll 2024 Incomlng rnSOus Resource$ At 31 M?rch expéndèd 2025 General funds 75,313 101,096 (96,930) 79,479 Pravlous yaar: At l Aprll 2023 fncomlng re50urco$ Re50urcas At 31 Marth expended 2024 General ndS 96,834 195,3791 75,313 15 Related party transactlons There were no related party tran5actlons requlrlng dlsclosure durlng the current or prevlous year. 15-