Registered Charity Number :- 1135122 Registered Company Number 06962088 (England & Wales) BEIS TRANA SCHOOL OF LONDON LIMITED a Charitable Incorporated Organisation ## TRUSTEES’ REPORT AND ## FINANCIAL STATEMENTS FOR THE YEAR END 31 December 2023 **BEIS TRANA SCHOOL OF LONDON LIMITED 186 Upper Clapton Road** **London E5 9DH** **BEIS TRANA SCHOOL OF LONDON LIMITED** **CONTENTS** FOR THE YEAR ENDED 31 December 2023 TRUSTEES' REPORT ....................................................................................................................................................... 3 INDEPENDENT EXAMINER'S REPORT ....................................................................................................................... 6 STATEMENT OF FINANCIAL ACTIVITIES ................................................................................................................ 9 BALANCE SHEET ......................................................................................................................................................... 10 CASH FLOW STATEMENTS ........................................................................................................................................ 12 NOTES TO THE CASH FLOW STATEMENT ............................................................................................................. 12 NOTES TO THE FINANCIAL STATEMENTS ............................................................................................................ 12 2 **BEIS TRANA SCHOOL OF LONDON LIMITED** **TRUSTEES' REPORT** FOR THE YEAR ENDED 31 December 2023 ## BEIS TRANA SCHOOL OF LONDON LIMITED **REPORT OF THE TRUSTEES FOR THE PERIOD 01 January 2023 TO 31 DECEMBER 2023** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 01 January 2023 to 31 December 2023. The trustees have adopted the provisions of 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** ## **Objectives and aims** The charity's objects are set out in its governing document and are the advancement of education and training throughout the world, and such other charitable purposes as the trustees may from time to time authorise. ## **Significant activities** The main activity of the charity is the operation of Beis Trana School of London. Over the course of the year, the School continued to provide independent education for Orthodox Jewish girls in North London. With 268 pupils, the School plays an important role in local education provision. The school is regulated by Ofsted, and reports for the school are available on Ofsted's website. The school is also regulated by the local authority through which it receives Early Years payments for children in the Early Years department. ## **Public benefit** The trustees are aware of the requirement of the charity to meet its charitable objects in a way that provides a public benefit and are confident that the charity meets this requirement. ## **FINANCIAL REVIEW** ## **Principal funding sources** The school generates its income from donations, voluntary contributions from the community and the parent body and childcare fees. ## **Reserves policy** The trustees wish to achieve a position where the charity on an annual basis is able to generate enough income to at least cover expenditure. The trustees wish to achieve a position where there is a small reserve to cover contingencies, but acknowledges that it will be some time before this is achieved. The trustees are confident 3 **BEIS TRANA SCHOOL OF LONDON LIMITED** **TRUSTEES' REPORT** FOR THE YEAR ENDED 31 December 2023 that in the event of urgent unforeseen costs arising it is likely to be able to draw on charitable support from within the community. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity, which runs the Beis Trana School of London, is a charitable company limited by guarantee as defined by the Companies Act 2006 and is governed by its Memorandum and Articles of Association. There are three trustees who are responsible for governance, who also are involved in various operational aspects of the charity. ## **Recruitment and appointment of new trustees** The trustees may in time choose to elect new trustees as set out in the Articles of Association. The trustees are responsible for appointing the Head teachers who run the School, who in turn appoint frontline teaching staff and also contribute to long term planning and strategy of the charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 06962088 (England and Wales) ## **Registered Charity number** 1135122 ## **Registered office** 186 Upper Clapton Road London E5 9DH ## **Trustees** J Koenig D Berger Director Y M Ciment Trustee ## **Company Secretary** J Koenig ## **Auditors** Higgisons Chartered Accountants Higgison House 381-383 City Road London EC1V 1NW ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees (who are also the directors of Beis Trana School of London Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law 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 charitable company and of the incoming resources and 4 **BEIS TRANA SCHOOL OF LONDON LIMITED** **TRUSTEES' REPORT** FOR THE YEAR ENDED 31 December 2023 application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: - there is no relevant audit information of which the charitable company's auditors are unaware; and - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. ## **AUDITORS** The auditors, Higgisons Chartered Accountants, will be proposed for re-appointment at the forthcoming Annual General Meeting. Approved by order of the board of trustees on 18 September 2023 and signed on its behalf by: **J Koenig - Trustee 31[st] October 2024** 5 **BEIS TRANA SCHOOL OF LONDON LIMITED** **Report of the Independent Auditors to the Trustee of Beis Trana School of London Limited** FOR THE YEAR ENDED 31 December 2023 ## **Opinion** We have audited the financial statements of Beis Trana School of London Limited (the 'charitable company') for the period ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). ## In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its incoming resources and application of resources, including its income and expenditure, for the period then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 24 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. 6 **BEIS TRANA SCHOOL OF LONDON LIMITED** **Report of the Independent Auditors to the Trustee of Beis Trana School of London Limited** FOR THE YEAR ENDED 31 December 2023 Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or - the charitable company has not kept adequate accounting records; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. ## **Responsibilities of trustees** As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Our responsibilities for the audit of the financial statements** We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. "Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. 7 **BEIS TRANA SCHOOL OF LONDON LIMITED** **Report of the Independent Auditors to the Trustee of Beis Trana School of London Limited** FOR THE YEAR ENDED 31 December 2023 A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. ## **Use of our report** This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed. Ian Shillinglaw (Senior Statutory Auditor) for and on behalf of Higgisons Chartered Accountants Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Higgison House 381-383 City Road London EC1V 1NW 8 **BEIS TRANA SCHOOL OF LONDON LIMITED** **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 31 December 2023 |**Notes**
**Income and**
**endowments from:**
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Investments
5
**Total**
**Expenditure on:**
Raising funds
6
Charitable activities
7
Other
9
**Total**
**Net**
**income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought
forward
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Total Funds**
**2023**
**£**
**Total Funds**
**2022**
**£**
537,560
-
537,560
300,050
-
874,403
874,403
863,920
-
-
-
720
-
189,481
189,481
200,694| |---|---| ||**537,560**
**1,063,884**
**1,601,444**
**1,365,384**| ||36,226
8,567
44,793
-
482,347
975,882
1,458,229
1,327,783
6,098
-
6,098
-| ||**524,671**
**984,449**
**1,509,120**
**1,327,783**| ||**12,889**
**79,435**
**92,324**
**37,601**| ||**12,889**
**79,435**
**92,324**
**37,601**
110,516
3,950,256
4,060,772
4,023,171| ||**123,405**
**4,029,691**
**4,153,096**
**4,060,772**| 9 **BEIS TRANA SCHOOL OF LONDON LIMITED** **BALANCE SHEET** FOR THE YEAR ENDED 31 December 2023 |**Notes**
Fixed assets
Tangible assets
10
Investments
11
**Total fixed assets**
Current assets
Debtors
12
Cash at bank and in hand
13
**Total current assets**
Creditors: amounts
falling due within one
year
14
**Net current**
**assets/(liabilities)**
**Total assets less**
**current liabilities**
Creditors: amounts
falling due after one year
15
**Total net assets or**
**liabilities**
**Funds of the Charity**
Unrestricted funds
16
Restricted income funds
16
Endowment funds
16
**Total funds**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Total Funds**
**2023**
**£**
**Total Funds**
**2022**
**£**
24,393
2,000,000
2,024,393
2,019,410
-
2,335,000
2,335,000
4,335,000| |---|---| ||**24,393**
**4,335,000**
**4,359,393**
**4,354,410**| ||209,644
-
209,644
128,654
3,890
-
3,890
19,417
**213,534**
**-**
**213,534**
**148,070**
112,701
157,372
270,073
200,323
**100,833**
**(157,372)**
**(56,539)**
**(52,253)**| ||**125,226**
**4,177,628**
**4,302,854**
**4,302,157**| ||1,820
147,938
149,758
241,385| ||**123,406**
**4,029,690**
**4,153,096**
**4,060,772**| ||123,405
123,405
110,516
4,029,691
4,029,691
3,950,256
-
-| ||**123,405**
**4,510,864**
**4,153,096**
**4,060,772**| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023. The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements. 10 **BEIS TRANA SCHOOL OF LONDON LIMITED** **BALANCE SHEET** FOR THE YEAR ENDED 31 December 2023 The trustees acknowledge their responsibilities for - (a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The financial statements were approved by the Board on 29 October 2024 and signed on its behalf by: J Koenig Y Ciment Trustee Trustee 31[st] October 2024 11 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 |Notes
**Cash flows from operating activities**
Cash generated from operations 1
Interest paid
Interest element of hire purchase payments
Paid
Net cash provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
**Cash flows from financing activities**
New loans in year
Loan repayments in year
Capital repayments in year
Net cash used in financing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**2
**Cash and cash equivalents at the end of**
**the reporting period**2|Year Ended
Year Ended
31.12.23
£
31.12.22
£
73,327
41,802
-
-
(971)
(921)
72,356
40,881
-
-
-
-
(89,919)
(43,859)
-
-
(4,234)
(5,572)
(911,53)
(49,431)|Year Ended
Year Ended
31.12.23
£
31.12.22
£
73,327
41,802
-
-
(971)
(921)
72,356
40,881
-
-
-
-
(89,919)
(43,859)
-
-
(4,234)
(5,572)
(911,53)
(49,431)|Year Ended
Year Ended
31.12.23
£
31.12.22
£
73,327
41,802
-
-
(971)
(921)
72,356
40,881
-
-
-
-
(89,919)
(43,859)
-
-
(4,234)
(5,572)
(911,53)
(49,431)| |---|---|---|---| |||(18,797)
19,417

(19,017)|(8,550)
(51,579)
19,417| asd 12 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES** ||Year Ended|Year Ended| |---|---|---| ||31.12.23|31.12.22| ||£
|£| |Net income for the reporting period (as per the Statement of Financial||| |Activities)
|92,324|37,601| |Adjustments for:||| |Depreciation charges
|6,098
|4,853| |Interest paid|-
|-| |Interest element of hire purchase and finance lease rental payments|971
|921| |Increase in debtors
|(80,990)
|24,570| |Increase in creditors
|54,924|(26,143)| |**Net cash provided by operations**|73,327|41,802| ## **2. ANALYSIS OF CASH AND CASH EQUIVALENTS** 2023 2022 £ £ Notice deposits (less than 3 months) 3,890 19,417 - Overdrafts included in bank loans and overdrafts falling due within one year (22,907) Total cash and cash equivalents (19,017) 19,417 ## **3. ANALYSIS OF CHANGES IN NET DEBT** AT 31.12.22 Cashflow AT 31.12.23 £ £ £ **Net cash** Cash at bank 19,417 (15,527) 3,890 Bank overdraft - (22,907) (22,907) 19417 (38,434) (19,017) **Debt** Finance Leases (7,614) 4,234 (3,380) Debts falling due within 1 year (86,579) 1,086 (87,665) Debts falling due after 1 year (233,771) 85,833 (147,938) (327,964) 91,153 (238,983) **Total (** 308,548) (52,719) (258,000) 13 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **1 Accounting Policies** ## **1.1 Accounting Policies** The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.2 Basis of preparation** These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts have been prepared in accordance with “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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. ## **1.3 Going concern** The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. ## **1.4 Income from donations or grants** Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred. ## **1.5 Expenditure** Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered. Direct costs are those costs which directly attribute to its activities. Wages and salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members. Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities, and this is reflected in the allocation of payroll costs based on the percentage of time spent. All costs, including governance costs, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resources. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis. Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activities of the Charity. 14 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **1.6 Taxation** The organisation is a registered charity and has no liability to income tax or corporation tax on its charitable activities during the year. Value added tax is accounted for on an accruals basis. ## **1.7 Fund accounting** Unrestricted funds are those funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. ## **1.8 Tangible fixed assets** Tangible fixed assets, such as land and buildings, plant, vehicles and equipment, are held to provide an on-going economic benefit to a charity through their contribution, directly or indirectly, to the provision of goods or services by the charity. Tangible fixed assets, other than freehold land, are stated at cost or valuation, less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |**Name**|**Rate (%) Year**|**Rate (%) Year**|
**Method**| |---|---|---|---| |Plant and machinery|20%|5|on reducing balance| |Motor Vehicles|20%|5|on reducing balance| |Fixture & Fittings|20%|5|on reducing balance| ## **1.9 Investment properties** Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties must be measured initially at cost and subsequently at fair value at the reporting date, except where that property is rented to another group entity. Depreciation is not provided on investment property measured at fair value. 15 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **2 Income from Donations and Legacies** ||**Unrestricted**|
**Restricted income**||**Total funds**|**Total funds**| |---|---|---|---|---|---| |**Analysis**|**funds**|**funds**||**2023**|**2022**| ||**£**|**£**||**£**|**£**| |Donation and gifts|69,880|||69,880|141,971| |General grants provided|||||| |by Government/other|467,680||-|467,680|45,846| |charities|||||| |LSA Received||-|-|-|112,233| ||537,560||-|537,560|300,050| |**come from Charitable Activities**|||||| ||**Total**|**funds 2023**||**Total funds**|**2022**| |**Analysis**|||||| |||**£**||**£**|| |General - Child Care||641,442|||669,258| |General - NEF / Early
Years funding||232,961|||194,662| |||874,403|||863,920| |**come from Other**|**Trading Activities**||||| |**Total**|**funds 2023**|**Total funds 2022**|||| |**Analysis**|||||| ||**£**|**£**|||| |Venue Hire|-|720|||| ||-|720|||| ## **3 Income from Charitable Activities** ## **4 Income from Other Trading Activities** ## **5 Income from Investments** |**Analysis**
Building Rent
Received|**Restricted income funds**
**Total funds 2023**
**Total funds 2022**
**£**
**£**
**£**
189,481
189,481
200,694| |---|---| ||189,481
189,481
200,694| 16 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **6 Expenditure on Raising Funds** |**penditure**|**on Raising Funds**| |---|---| |**Analysis**
Support Costs|**Total funds 2023**
**Total funds 2022**
**£**
**£**
44,793
57,939| ||44,793
57,939| 17 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **7 Expenditure on Charitable Activities** |**Analysis**
General Rent, rates &
water
General Office, postage
& stationary
General Insurance
Light & heat
School running costs
Building maintenance
General Telephone
Interest payable
Bank charges
Legal/professional fees
Wages and salaries
Advertising and
marketing
Support Costs|**Total funds 2023**
**Total funds 2022**
**£**
**£**
23,551
12,927
-
26,302
13,239
12,499
15,855
-
377,323
342,574
16,529
6,928
971
-
80
298
76,238
-
889,579
810,377
70
-
44,794
57,939| |---|---| ||1,458,229
1,269,844| 18 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **8 Support Costs** |**Analysis**
Support cost - Repairs &
Maintenance
Support cost - Light & heat
Support cost - Cleaning
Support cost - Sundry expenses
Support cost - Legal Fees
Depreciation of Plant &
machinery
Depreciation of motor vehicles
Hire purchase GENERAL
"Trustees' salaries Koenig Mr J
GENERAL"
Berger Mr D GENERAL -
Accountancy fees General
Berger Mr D GENERAL - Legal
fess General
Berger Mr D GENERAL -
Professional fees General
Printing and stationery|**Total funds 2023**
**Total funds 2022**
**£**
**£**
425
24,921
-
12,442
-
1,329
20,235
5,001
-
1,440
-
110
-
4,743
-
921
8,483
7,781
-
14,460
-
3,130
-
39,600
60,444
-| |---|---| ||**89,587**
**115,878**| 19 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **9 Other Expenditure** |**Analysis**
Depreciation Charge for
the Year - Plant &
Machinery
Depreciation Charge for
the Year - Motor
Vehicles
Depreciation Charge for
the Year - Fixtures &
Fittings|**Unrestricted funds**
**Total funds 2023**
**Total funds 2022**
**£**
**£**
**£**
88
88
110
3,794
3,794
4,743
2,216
2,216
-| |---|---| ||6,098
6,098
4,853| 20 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **10 Tangible Fixed Assets** ## **10.1 Cost or valuation** |At 01 January 2023
Additions
Disposals
Revaluations
Transfers
At 31 December 2023
**10.2 Depreciation**
At 01 January 2023
Charge for year
At 31 December 2023|**Freehold**
**Land &**
**Buildings**
**Plant &**
**Machinery**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Totals**
**£**
**£**
**£**
**£**
**£**
2,000,000
4,767
34,300
-
2,039,067
-
-
-
11,081
11,081
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-| |---|---| ||
2,000,000
4,767
34,300
11,081
2,050,148| ||**Freehold**
**Land &**
**Buildings**
**Plant &**
**Machinery**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Totals**
**£**
**£**
**£**
**£**
**£**
-
4,328
15,329
-
19,657
-
88
3,794
2,216
6,098| ||
-
4,416
19,123
2,216
25,755| ## **10.2 Depreciation** ## **10.3 Net book value** |**10.3 Net book value**|| |---|---| |At 01 January 2023
At 31 December 2023|**Freehold**
**Land &**
**Buildings**
**Plant &**
**Machinery**
**Motor**
**Vehicles**
**Fixtures &**
**Fittings**
**Totals**
**£**
**£**
**£**
**£**
**£**
2,000,000
439
18,971
-
2,019,410| ||
2,000,000
351
15,177
8,865
2,024,393| 21 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **11 Investments** |**Carrying(fair) value at beginning of period**
Add: additions to investments during period*
Less: disposals at carrying value
Less: impairments
Add: Reversal of impairments
Add / (deduct):transfer in/ (out) in the period
Add / (deduct): net gain / (loss)on revaluation
Carrying(fair) value at end of year|**Investment Properties**
**£**
2,335,000
-
-
-
-
-
-| |---|---| ||2,335,000| ## **12 Debtors: Amounts falling due within one year** |Prepayments & accrued income
Trade debtors
Other debtors|**Total funds 2023**
**Total funds 2022**
**£**
**£**
1,240
-
208,404
117,925
-
10,728| |---|---| ||209,644
128,653| ## **13 Cash at bank and in hand** **Total funds 2023 Total funds 2022** ||**Total funds 2023 Total funds 2022**| |---|---| |Cash at bank and on hand|**£**
**£**
3,890
19,417| ||3,890
19,417| 22 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **14 Creditors: Amounts falling due within one year** **Total funds 2023 Total funds 2022** |Cash in Hand
Other Debtors
Wages & Salaries Control
Other Loan
Bank loans and overdrafts
Trade creditors
Obligations under hire purchase
Accruals and deferred income
Taxation and social security
Other creditors|**£**
**£**
22,907
-
6,639
-
4,469
-
14,000
-
73,665
86,579
54,924
22,678
1,560
-
-
2
844
(1)
91,066
91,066| |---|---| ||270,074
200,324| ## **15 Creditors: Amounts falling due after one year** ## **Total funds 2023 Total funds 2022** ||**Total funds 2023 Total funds 2022**| |---|---| |Bank loans and overdrafts
Obligations under HP/Finance leases|**£**
**£**
147,938
233,771
1,820
7,614| ||149,758
241,385| 23 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **16 Charity funds** ## **16.1 Details of material funds held and movements during the CURRENT reporting period** |**Fund names**|**Fund balances**
**brought forward**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund balances**
**carried forward**| |---|---|---|---|---|---|---| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Unrestricted**
**funds**|110,516|537,560|(524,671)|-|-|123,405| |**Restricted**||||||| |**income funds**||||||| |Buildings|3,597,719|189,481|-|-|-|3,787,200| |LSA|352,537|874,403|(984,449)|-|-|242,491| |**Total**|4,060,772|1,601,444|(1,509,120)|-|-|4,153,096| |**etails of material funds held and**||**movements during the**||**PREVIOUS reporting period**||| |**Fund names**|**Fund balances**
**brought forward**|**Income**|**Expenditure**|**Transfers**|**Gains**
**and**
**losses**|**Fund balances**
**carried forward**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Unrestricted**
**funds**|554,088|1,052,457|(1,496,029)|-|-|110,516| |**Restricted**||||||| |**income funds**||||||| |Buildings|3,397,025|200,694|-|-|-|3,597,719| |LSA|72,058|112,233|168,246|-|-|352,537| |**Total**|4,023,171|1,365,384|(1,327,783)|-|-|4,060,772| ## **16.2 Details of material funds held and movements during the PREVIOUS reporting period** 24 **BEIS TRANA SCHOOL OF LONDON LIMITED** **NOTES TO THE CASH FLOW** FOR THE YEAR ENDED 31 December 2023 ## **17. LEASING AGREEMENTS** Minimum lease payments under hire purchase fall due as follows: |**LEASING AGREEMENTS**
Minimum lease payments under hire purchase fall due as
follows:||||| |---|---|---|---|---| |Net obligations repayable:
Between one and five years
**SECURED DEBTS**
The following secured debts are included within creditors:
Hire purchase contracts
The loan is secured by way of a legal charge over the investment
property.||**2023**
**£**
3,380
**2023**
**£**
3,380||**2022**
**£**
7,614| |||||**2022**
**£**
7,614| |||||| ## **18. SECURED DEBTS** 25