Charity Registration No. 1176439
SHALSHELES
Trustees, Report and
Financial Statements
For the year ended 31 August 2024
SEFfoN YODAIKEN & CO. LTD
CHARTERED ACCOUNfANTS
Fairways House
Prestwich
Manchester
M25 9WS

•Shalsheles•
CONTENTS
Page
Trnstees, report
Statement 0£ flnancial activities
Balance sheet
Notes to the accounts
7-10
Independent examiners report
li

•ShaLsheles"
Annual Report of the Trn8tees
For the year ended 31 August 2024
The Trustee￿ present their amiual report for the year ended 31 August 2024 under the
Chatities Act 2011, together with the unaudited accounts for the year, and eonfirni that the
lattet comply with the reqUiren￿Thts of the ACL the Trnst Deed and the Charities SORP
FRSIO2.
REFERENCE AND ADMINISTRATIVE ll¥FORMATION
The charity registsation nunkner is 1176439
Mr Aryeh *honberg
Trustees:
Mr Zvi Abenson
Clwity office:
4 Middleton Road
Manchester
M8 SDS
Accountants:
Sefton Yodaiken & Co. Ltd Fairways House George Street M25
9WS
STRUCTiIRE GOVERNANCE AND MANAGEMENT
Governing Body and Appointment of Trustees
The structure of the charity consists of one set of trustees. The board of trustees is auth￿iSed
to appoint new trustees.
Risk Manasement
The trustees are responsible for the manageinent of the risks facedby the charity, The trustees
meet regularly every month to review the risk management processes.
Firwicial and operational risks are considered ateach ll￿nthlY n￿tIng andmiti8ating actions
have been put in place where necessary.
Objects, aims, objectives and activities
The charity is constituted by trnst deed and its objects are to provide the choice of 7 A levels
and 4 level 3 qualifications foT girls lkneen the ages of 16-18. A variety of vocational courseB
offered hairdressing, aerobics, nutrition etc.
Nurtures their physAcal and emotional development. Small in numbers 80 can provide
individual help and can follow caTefully their standard. Gives them an understanding and
appreciation of thellr heritage. Teaches girls life skills to prepare them for their fiLture careers
and lifjegoals. Provide extra curricula activities including trips both in the UK and abroad to
develop the girls in all areas. Teaches them to reach out and feel responsible for the wider
community. Includes aC￿￿tieS that our students offer for younger girls (&13) to help them
overcome social challenges.
Encourage 8irls to think independently and develop their critical thinking skills. Personal and
en￿tional deVelOpn￿nt improving their characters to help them become capable responsible
adults and outstanding members of ￿lety.

•Shalsheles'
Annual Report of the Trustees
For the year ended 31 August 2024
Statement of Trustees, Responsibilities
The Trustee's are required under the Charities Act 2011 to Prepare finattcl￿ statements for
each financial year which give a true and fair view of the charitys financial activities during
the year and its financial position at the end of the financial year. In preparing those financi
statements giving a true and fair view, the board of trustees should follow best practice and:
Select suitable accounting policies and then apply them consistendy;
Make Judgements and esIin￿teS that are reasonable and prudenL'
State whether applicable accounting stsndards and statements of recommended
PTactAce have been followed. subiect to any departures disdosed and explained in the
financial statements;
Prepare the financial statements on the 8oing co￿ern basis unless it is inappTopriate
to PTesume that the charity will continue to operate.
The trustees are also responsible for keeping proper accounting records which disclose with
reasonable accuracy the financ￿ position of the charity and which enable them to ascertain
the financial position of the charity to ensure that the financial statements coniply with the
Tequirements of appltcable law and regulations. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the preventionand detection
of fraud and other irregularities.
The report was approved by the trustees on and signed on their lA￿lf.
Mr A Posen
Trustee

•Shalsheles•
Statement of Financial Activities
For the year ended 31 August 2024
Unrestricted
funds
2024
Restricted
funds
Total
funds '
2024
Total
funds
2023
Notes
Iffcome endoT4trnents
Donations and legacies
Other income
151,160
630,798
151,160
630,798 ,
50,000
467,859
Totsl income
781,958
781.958
517059
Expettdttsre
Expenditure on charitsble activities
Exceptlonal costs
Giants distributed
414,9(Ll
54.655
2,955
414,903
54,655
2,955
316,793
32.307
Totsl expenditure
472513
472,513
349,11
Net income and net nwvenwit infunds
Reconciliation offuNds
Totsl funds brought forward
309,445
309,445
168,759
380A78
580A78
411,719
Toial funds carried forward
689,923
2￿,000
889,923
580,478

•Shalsheles'
Balance Sheet
As at 31 August 2024
Notes
2024
Fixed a58ets
Tangible assets
iJ25*23
1,259,128
Current a88ets
Debtors
Cash in bank
io
36,235
163,485
33,997
32,150
199,720
(11,084)
66,147
(650),
Creditozs: due in one year
li
Net current assets
188ffl6
65,497
Totsl assets less current ]iabilities
1514A59
lJ24,625
Creditorn: due after one year
12
(624,536)
(744,147)
889,923
580A78
Funds of the charity
Restricted funds
Unrestricted f(mds
200,OLK)
689.923
2￿,0
380,478
889.923
580A78
The financlal statements were approved by the ix)ard of trustees and authorized for issue on
and are signed on behalf of the board by..
MT A Posen
Trustee

•Shalsheles'
Notes to the Financial Statements
For the year ended 31 Ausust 2024
General inforniation
The charity is a public benefit entity and a Tegistered ch￿lty in England and Wales
and is unincotporated. The Principal office is 4 Middleton Road Salford M8 SDS.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The
FInanL1￿ Reporting Standard applicable in the UK and the Repub]ic of treland,, the
ststement of Reconunended Practice applicable to charities Preparing their accounts
in accordance with the Financi￿ Reporting Standard applicable in the UK'and the
Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2010.
A¢counting Policies
Basi5 of preparation
The financ￿ statements have been prepared on the historical cost basis.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fmid accounting
Unrestsicted fimds are those available for use for general purposes at the discretion of
the charity trustees and governors in furtheran￿ of the charitys object8.
Incoming resouree8
All incoming resources are irduded in the statement of financial activities wh
entitlement has passed to the charity: it is probable that the economic bendits
associated with the transaction will flow to the charity and the amount can be reliably
measured. The following specific poliaes are applied to parttcu]ar categories of
Income from donations or grants is recognised when there 15 evldence ol
entitlement to the gift, Tec&pt i5 probable and its amount can be measured
reliably.
Fees and resistration fees relate to paTental contribution and are accounted
where there is eviden￿ of entitlement and can be measured reliably.
Resources Expended
Expenditure is recognised on an accruals basis as a liability is incurred.
Expenditure includes any VAT which cannot be fully recovered. All costs are
allocated to expendi￿re categories reflecting the use of the resource.
Tangible assets
Tangible assets are initially recorded at C05t and subsequently stated at cost less
any accumulated depreciation and impainnent Iosses.

•Shalsheles•
Notes to the Financial Statements
For the year ended 31 August 2024
Deprecxation
Depreciation is calculated so as to write off the cost or valuation of an asset less
its residual value over the useful economic life of that asset as follows:
Fixtures and fittings-15% reducing balan
Computer equipment- 15% reducing balance
De£lned Contribution plan8
Contributions t() defined contribution plans are recognised as an expense in the
period in which the related service is provided.
Donations and lesacxes
Unrestricted
funds
Restricted Total funds Total funds
bjnds
2024
2023
Donations
151,161
151,161
50,000
Other Income
Unrestricted funds
2024
Unrestricted funds
2023
Student fees
Government funding 2024/23
CST security grant
113,551
447,945
69302
183,818
263,189
20,852
630,798
467,859

•Shalsheles•
Notes to the Financial Statements
For the year ended 31 August 2024
Analysis of expendlture
Support costs
2024
2023
Staff costs
151,200
34,774
586
23,820
7,097
12,877
35,582
26,￿1
677
8,747
818
47,9(A)
27,251
2,035
119,288
48,462
iio
17,919
2,083
700
48250
5,550
5,001
5,239
2,777
20,617
21,8
524
Advertising
aeaning and waste
Telephone, internet &
Repairs
ExtracurricuIar activities
Exam registration £ees
Insurance
Postagei printin& stationery
Rates
General office and supplies
Travel
Water
Governance costs
Bank and similar charges
Rental costs
Training costs
Equipment leasing
Legal & professional fees
Library costs
Heat and light- current
Heat and light- historic
Depreciation
Sundry
1,571
6,420
1,606
iJio
229
11,190
13,030
1,456
7,500
1,953
IAII
1,757
414,903
316,793
Exceptional e08ts
2024
2023
Consultancy fees
t£gal fees
CST security costs
Loss due fraud
975
20￿52
10,000
54,655
54h55
32.307

•Shalsheles•
Notes to the Financial Statements
For the year ended 31 August 2024
Staff costs
2024
2023
Wages and salaries
151136
34,744
116,465
48,462
Social security costs
Employer pension contributions
2,487
1,890
191,970
167,750
No employee received employee bendits of more than £￿,(￿)0 during the year
Particulars of employees
The average number of employees during the year was as follows:
2024
2023
Teaching and administrative staff
Trustee renwneration and expen8e8
No remuneration or other benefits from employment with the charity OT a related
entity were received by the Trustees.
Tansible Assets
Land & buildings Computer Fixtures and
Equipment
Fitting
Total
Cost B/F
Additions
Fencing
Portacabins
1248.057
29,161
31530
7,120
4.919
10832
641
I,263￿08
29A02
31530
7,120
lJ15068
4,919
11,473
I￿2260
Depreciation
B/F
Charge for the year
2251
2,329
1.372
4.680
1,757
3.701
6A37
Carrying amount
At 31 August 2024
1215368
2.183
iJ25fi23
At 31 AugLLSt 2023
1.248.057
2568
1259,128
io

•Shalsheles•
Notes to the Financial Statements
For the year ended 31 August 2024
io.
Debtors: amounts due in one year
2024
2023
Other debtors
36.235
33,997
ii.
Creditors: an￿Unts due in one year
2024
2023
Trade creditors
11,084
650
Iz
Creditors: amounts due after one year
2023
Bank loans
Other creditors and accrnaL8
18,155
606,381
28,026
716,121
624￿36
744,147
li

•Shalshdes•
Independent examiners report for the trustees
For the year ended 31 August 2024
I report on the accounts of the Trust for the year ended 31 August 2024 which are set
out on pages 7 to 8.
Respective responsibilities of trustees and exaniiner
As the chariws trustees you are responsible for the preparation of the accounts. You
onsider that the audit requirement of section 144 of the Charities Act 2011 (the Act)
does not apply. It is my responsibiIity to state, on the basis of procedures specified in
the General Directions given by the Charity Commissioners under section 145(5)(b) 0£
the Act, whether particular matters have come to my attention.
Basis of independent examAnerfs report
My examination was carried out in accordance with the General Directlons given by
the Charity Conimissioners. An examknation includes a review of the accounting
records kept by the charity and a comparison of the accounts presented with those
records. It also includes consideration ol any unusuaI items or disclosures in the
accounts, and seeking explanations from you as trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in
an audit, and consequently do not express an audit opinion on the view given by the
accounts.
Independent examlner's statement
In connection with my examil￿tio￿ no matter has come to my attention."
{1) Which gives me reasonable cause to believe that in any material respect the
requirements
to keep accounting records in accordance with section 130 of the Act; and
to prepare accounts which accord with the accounting records and to
comply with the accounting requirement of the Act
have not been met; or
(ll)
(2) to which, in my Opinio￿ attention should be drawn in order to enable a proper
understanding of the accounts to k reached.
Mr. Sefton Yodaiken
12