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2025-07-31-accounts

REGISTERED COMPANY NUMBER: 07327670 (England and Wales) REGISTERED CHARITY NUMBER: 1140161

BEIS YAAKOV GIRLS SCHOOL LIMITED (A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS

BEIS YAAKOV GIRLS SCHOOL LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 16

BEIS YAAKOV GIRLS SCHOOL LIMITED

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JULY 2025

TRUSTEES

J Leitner S S Sinitsky (resigned 13.4.26) A J Halpert (appointed 16.3.26) Mrs M H Lew (appointed 16.3.26) Rabbi M E Twerski (appointed 16.3.26)

REGISTERED OFFICE First Floor 94 Stamford Hill London N16 6XS REGISTERED COMPANY 07327670 (England and Wales) NUMBER REGISTERED CHARITY 1140161 NUMBER

INDEPENDENT EXAMINER Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS BANKERS Barclays Bank plc 278 Hoe Street London E17 9QE

Page 1

BEIS YAAKOV GIRLS SCHOOL LIMITED (REGISTERED NUMBER: 07327670)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 July 2025.

REFERENCE AND ADMINISTRATIVE INFORMATION

The information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are:

1) The advancement of Orthodox Jewish Religious Education;

2) The advancement of such other objects as are for the benefit of the public and are charitable according to the laws of England and Wales.

In this respect the trustees have set up a girls' school.

The trustees have considered the Charity Commission's general guidance on public benefit and in particular the guidance on advancing education and fee charging. Fees are to be charged but those in financial hardship will be given an allowance or be fully funded, according to circumstances. No child is refused education because of an inability to pay.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

There was a decrease in income of 12% mainly due to a reduced level of donations.School running costs fell by 7% and the charity was left with a deficit for the year.

FINANCIAL REVIEW

Reserves policy

The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end showed a deficit £165,311 (2024 - £55,099 deficit)

FUTURE PLANS

New trustees have been appointed who have indicated that they will give financial support to the school. They also intend to have a fundraising campaign.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 27 July 2010.

Organisational structure

The power to appoint new trustees is vested in the board. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity. They are also encouraged to read the Charity Commission's various publications on trustees. The day to day running of the school is delegated to administrators.

Risk management

The trustees have reviewed the major risks that the charity faces and confirm that they have established systems to mitigate them.

Page 2

BEIS YAAKOV GIRLS SCHOOL LIMITED (REGISTERED NUMBER: 07327670)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.................................................................

J Leitner - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEIS YAAKOV GIRLS SCHOOL LIMITED

Independent examiner's report to the trustees of Beis Yaakov Girls School Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I 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 accounts to be reached.

E Meyer FCA BSc

Sugarwhite Meyer Accountants Ltd First Floor 94 Stamford Hill London N16 6XS

Date: .............................................

Page 4

BEIS YAAKOV GIRLS SCHOOL LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
3
School fees
Total
EXPENDITURE ON
Raising funds
4
Charitable activities
5
School running costs
Grantmaking
Support
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
fund
£
356,785
508,054
864,839
4,556
966,775
-
3,720
975,051
(110,212)
(55,099)
(165,311)		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
-		 2025
Total
funds
£
356,785
508,054
864,839
4,556
966,775
-
3,720
975,051
(110,212)
(55,099)
(165,311)		 2024
Total
funds
£
427,893
532,601
960,494
36,666
981,882
9,470
3,391
1,031,409
(70,915)
15,816
(55,099)

The notes form part of these financial statements

Page 5

BEIS YAAKOV GIRLS SCHOOL LIMITED (REGISTERED NUMBER: 07327670)

BALANCE SHEET 31 JULY 2025

Notes
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS/(LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
15
NET ASSETS/(LIABILITIES)
FUNDS
18
Unrestricted funds:
General fund
TOTAL FUNDS		 2025
£
130,596
53,255
183,851
(328,025)
(144,174)
(144,174)
(21,137)
(165,311)
(165,311)
(165,311)		 2024
£
122,306
30,796
153,102
(181,550)
(28,448)
(28,448)
(26,651)
(55,099)
(55,099)
(55,099)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. J Leitner - Trustee

The notes form part of these financial statements

Page 6

BEIS YAAKOV GIRLS SCHOOL LIMITED

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Tax paid
Net cash provided by operating activities
Cash flows from financing activities
Loan 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		 2025
£
27,972
-
27,972
(5,514)
(5,514)
22,458
30,778
53,236		 2024
£
(37,193)
44,867
7,674
(5,514)
(5,514)
2,160
28,618
30,778

The notes form part of these financial statements

Page 7

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 JULY 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net expenditure for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Increase in debtors
Increase in creditors
Net cash provided by/(used in) operations
2.
ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one
year
Total cash and cash equivalents		 2025
£
(110,212)
-
(8,290)
146,474
27,972
2025
£
-
53,255
(19)
53,236		 2024
£
(70,915)
4,506
(5,997)
35,213
(37,193)
2024
£
175
30,621
(18)
30,778

3. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS

At 1.8.24 Cash flow At 31.7.25
£ £ £
Net cash
Cash at bank and in hand 30,796 22,459 53,255
Bank overdraft (18) (1) (19)
30,778 22,458 53,236
Debt
Debts falling due within 1 year (5,514) - (5,514)
Debts falling due after 1 year (26,651) 5,514 (21,137)
(32,165) 5,514 (26,651)
Total (1,387) 27,972 26,585

The notes form part of these financial statements

Page 8

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis.

Income

Donations are included in full in the Statement of Financial Activities when received.

Fee income and grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

Expenditure

Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT, which is reported as part of the expenditure to which it relates.

Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost Computer equipment - 33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Page 9

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

1. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern, notwithstanding the deficiency in net assets at the balance sheet date.

2. DONATIONS AND LEGACIES

Unrestricted
funds
£
Donations
91,348
Grants
265,437
356,785
Grants received, included in the above, are as follows:
Security grant
Local authority funding
INCOME FROM CHARITABLE ACTIVITIES
Fee income		 Restricted
funds
£
-
-
-		 2025
Total
funds
£
91,348
265,437
356,785
2025
£
28,223
237,214
265,437
2025
School
fees
£
508,054		 2024
Total
funds
£
167,553
260,340
427,893
2024
£
43,885
216,455
260,340
2024
Total
activities
£
532,601

3. INCOME FROM CHARITABLE ACTIVITIES

Page 10

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

4. RAISING FUNDS

Raising donations and legacies

Unrestricted
funds
£
Fundraising costs
-
Events, adverts & promotions
4,426
Credit card charges
130
4,556
5.
CHARITABLE ACTIVITIES COSTS
School running costs
Support
6.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rent, rates and service charge
Insurance
Light & heat
Telephone
Books and stationery
Staff training
Special needs and therapy fees
Cleaning
Repairs and maintenance
Educational equipment
Outings and activities
Security
Food
Professional fees
Loan interest
Administrative expenses
Depreciation		 Restricted
funds
£
-
-
-
-
Direct
Costs (see
note 6)
£
966,065
-
966,065		 2025
Total
funds
£
-
4,426
130
4,556
Support
costs (see
note 8)
£
710
3,720
4,430
2025
£
456,393
210,922
-
23,298
3,104
14,095
-
47,706
-
34,047
1,387
11,033
28,158
21,033
74,088
740
40,061
-
966,065		 2024
Total
funds
£
18,200
18,094
372
36,666
Totals
£
966,775
3,720		 2024
Total
funds
£
18,200
18,094
372
36,666
970,495
2024
£
460,556
204,141
7,808
19,329
3,358
12,958
2,200
32,338
4,500
34,055
3,617
13,108
44,286
28,503
61,124
880
44,615
4,506
981,882

Page 11

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

7. GRANTS PAYABLE

Grantmaking
The total grants paid to institutions during the year was as follows:

Advancement of education
Advancement of religion		 2025
£
-
2025
£
-
-
-		 2024
£
9,470
2024
£
7,470
2,000
9,470

8. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
School running costs 710
Support 3,720
4,430

Support costs, included in the above, are as follows:

Governance costs

2025 2024
School
running Total Total
costs Support activities activities
£ £ £ £
Independent examiner's fee - 1,440 1,440 1,080
Independent examiner's other fees - 2,280 2,280 1,800
General expenses 710 - 710 511
710 3,720 4,430 3,391

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025 2024
£ £
Depreciation - owned assets - 4,506

Page 12

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

11. STAFF COSTS

Wages and salaries
Other pension costs		 2025
£
453,763
2,630
456,393		 2024
£
459,250
1,306
460,556

The average monthly number of employees during the year was as follows:

Teachers
Office
Cleaning & maintenance		 2025
57
4
2
63		 2024
52
5
3
60

No employees received emoluments in excess of £60,000.

12. TANGIBLE FIXED ASSETS

Plant and
Computer
machinery
equipment
£
£
COST
At 1 August 2024 and 31 July 2025
9,420
14,760
DEPRECIATION
At 1 August 2024 and 31 July 2025
9,420
14,760
NET BOOK VALUE
At 31 July 2025
-
-
At 31 July 2024
-
-		 Totals
£
24,180
24,180
-
-

Page 13

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments and accrued income
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 16)
Trade creditors
Social security and other taxes
NEST
Teachers Pension
Other creditors
Accruals and deferred income
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 16)
16.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal		 2025
£
112,460
18,136
130,596
2025
£
5,533
78,576
30,511
717
1,596
68,636
142,456
328,025

2025
£
21,137
2025
£
19
5,514
5,533
5,514
15,623
-		 2024
£
112,460
9,846		 2024
£
112,460
9,846
122,306
2024
£
5,532
55,277
12,932
324
1,596
42,363
63,526
181,550
2024
£
26,651
2024
£
18
5,514
5,532
5,514
16,542
4,595

Page 14

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
fund
£
Current assets
183,851
Current liabilities
(328,025)
Long term liabilities
(21,137)
(165,311)
18.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
At 1.8.24
£
(55,099)
(55,099)
Incoming
resources
£
864,839
864,839
At 1.8.23
£
13,461
2,355
15,816		 2025
2024
Total
Total
funds
funds
£
£
183,851
153,102
(328,025)
(181,550)
(21,137)
(26,651)
(165,311)
(55,099)
Net
movement
At
in funds
31.7.25
£
£
(110,212)
(165,311)
(110,212)
(165,311)
Resources
Movement
expended
in funds
£
£
(975,051)
(110,212)
(975,051)
(110,212)
Net
movement
At
in funds
31.7.24
£
£
(68,560)
(55,099)
(2,355)
-
(70,915)
(55,099)

Page 15

BEIS YAAKOV GIRLS SCHOOL LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2025

18. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
926,454
34,040
960,494		 Resources
expended
£
(995,014)
(36,395)
(1,031,409)		 Movement
in funds
£
(68,560)
(2,355)
(70,915)

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2025.

Page 16