Nuestra Escuela Leeds
Charity number 1180223
Annual Report and Financial Statements
for the year ended 31 July 2024
Nuestra Escuela Leeds
Annual Report and Financial Statements for the year ended 31 July 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Receipts and payments account | 5 |
| Statement of assets and liabilities | 6 |
| Notes to the accounts | 7 to 8 |
Prepared by West Yorkshire Community Accountancy Service CIO
1
Nuestra Escuela Leeds
Trustees' report for the year ended 31 July 2024
Reference and administrative details of the charity, its trustees and advisors
| The trustees during the financial year and up to and including the date the report was approved were: | The trustees during the financial year and up to and including the date the report was approved were: | The trustees during the financial year and up to and including the date the report was approved were: |
|---|---|---|
| Name | Position | Dates |
| Juan Miguel Avila Zaragoza | Chairman | |
| Yolanda Perez Fernandez | Secretary | |
| Anna De Bolos Prat | Treasurer | |
| Patricia Marquez Mezquita | ||
| Jose Carlos Cantero Carralero | ||
| Cristina Martinez-Conde Gomez | ||
| Debora Cappell Terwisscha | ||
| Juan Victor Garcia Gil | ||
| Marco Felipe King | ||
| Maria del Rosario Gonzalez Capilla | ||
| Charity number | 1180223 | Registered in England and Wales |
| Registered and principal address | Bankers | |
| Century House | Barclays Bank | |
| 1275 Century Way | 1 Churchill Place | |
| Thorpe Park | London | |
| Leeds | England | |
| LS15 8ZB | E14 5HP | |
| Independent examiner | ||
| Rhys North ACA | ||
| West Yorkshire Community Accountancy Service CIO | ||
| Stringer House | ||
| 34 Lupton Street | ||
| Leeds | ||
| LS10 2QW |
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO) association formed on 8 October 2018.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
2
Nuestra Escuela Leeds
Trustees' report (continued) for the year ended 31 July 2024
Objectives and activities
The charity's objects
To advance the education of the public in Leeds and the surrounding areas in the Spanish language, culture and traditions by providing Spanish language classes and organising activities and events to educate the public in the culture and traditions of Spain and Spanish speaking countries.
The charity's main activities
To advance the education of the public in Leeds and surrounding areas in the Spanish language, culture and traditions.
We have managed to do that by running a Spanish supplementary school every week for children up to 18 years old.
We provide Spanish Language classes and organise activities and events to educate the public in the culture and traditions of Spain and Spanish speaking countries.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education.
Achievements and performance
We have managed to keep providing Spanish language and culture for young children in Leeds and other areas of Yorkshire to around 100 students.
We have also managed to provide and offer scholarship for some families.
Financial review
The net receipts for the year were £3,323, including net receipts of £8,014 on unrestricted funds and net expenses of £4,691 on restricted funds.
Reserves policy
The charity's free reserves, at the year end were £9,401.
The reserve fund is established to provide financial stability and security to NEL, enabling it to continue its charitable activities even during periods of financial uncertainty or unforeseen expenses
The reserve fund may be utilised in cases of emergency expenses, such as unexpected operational costs, urgent repairs, or other unforeseen circumstances that threaten the continuity of NEL's operations.
Reserve funds may also be accessed to bridge short-term funding gaps or to seize strategic opportunities that align with NEL's mission and goals.
NEL will aim to hold reserves of between £3,000 to £6,000 which equates to up to one term's running costs. In light of anticipated changes in student numbers from September 2025 due to the opening of a new Spanish school (ALCE), funded by the Spanish Government, which may lead to a drop in enrolment as some families may choose to transfer to this free, government-run alternative. The increased reserve is intended to provide a financial buffer to manage potential reductions in income.
Approved by the board of trustees on 29/5/25
Jose Carlos Cantero Carralero (Trustee)
3
Nuestra Escuela Leeds
Independent examiner's report to the trustees of Nuestra Escuela Leeds
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 July 2024, which are set out on pages 5 to 8.
Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.
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.
Rhys North ACA
29/5/25
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
4
Nuestra Escuela Leeds
Receipts and payments account for the year ended 31 July 2024
| Notes 2024 Unrestricted funds £ Receipts Grants and donations (2) 800 Student fees 11,093 Discounted student fees 14,057 Sales and fundraising 4,427 Total receipts 30,377 Payments Freelance staff 17,437 Insurance 118 Materials 101 Training - Phone and internet 142 Accountancy 360 Subscriptions 510 Rent and rates 2,551 Events and activities 950 Office and other expenses 194 Total payments 22,363 Net receipts / (payments) 8,014 Fund balances brought forward 1,387 Fund balances carried forward (3) 9,401 |
2024 Restricted funds £ - - - - - - - 432 - - - - 4,259 - - 4,691 (4,691) 4,691 - |
2024 Total funds £ 800 11,093 14,057 4,427 30,377 17,437 118 533 - 142 360 510 6,810 950 194 27,054 3,323 6,078 9,401 |
2023 Total funds £ 2,297 13,402 14,613 4,754 35,066 24,680 118 326 479 147 198 422 6,795 2,248 267 35,680 (614) 6,692 6,078 |
|---|---|---|---|
5
Nuestra Escuela Leeds
Statement of assets and liabilities
| as at 31 July 2024 2024 Unrestricted £ Cash funds Cash at bank 9,401 Total cash funds 9,401 Debtors and prepayments Debtors Assets retained for the charity's own use Books for teachers and children Digital camera Liabilities Creditors - Rent Accruals - Independent examination |
2024 Restricted £ - - |
2024 Total £ 9,401 9,401 2024 £ 364 364 2024 £ 1,348 396 1,744 |
2023 Total £ 6,078 6,078 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 29/5/25
Jose Carlos Cantero Carralero (Trustee)
6
Nuestra Escuela Leeds
Notes to the accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of accounting
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
7
Nuestra Escuela Leeds
Notes to the accounts continued
for the year ended 31 July 2024
| 2 Grants and donations Leeds City Council Other donations 3 Restricted funds Leeds City Council |
Balance b/f £ 4,691 4,691 |
2024 Unrestricted funds £ - 800 800 Incoming £ - - |
2024 Restricted funds £ - - - Outgoing £ 4,691 4,691 |
2024 Total funds £ - 800 800 Transfers £ - - |
2023 Total funds £ 2,277 20 2,297 Balance c/f £ - - |
|---|---|---|---|---|---|
Fund name Purpose of restriction
Leeds City Council
To support projects which will help improve our students’ reading skills.
4 Related party transactions
Donations from trustees and related parties
The total aggregate value of unconditional donations to the charity from the trustees or related parties was £800 (2023: £0).
Trustee expenses
No trustee received any expenses during this year or the previous year.
| Details of remuneration and benefits 2024 £ 2,475 2,441 2,169 No other trustees received any remuneration or benefit during this or the previous year. Other transactions with trustees or related parties 2024 £ 325 325 Maria del Rosario Gonzalez Capilla (Chary Gonzalez- Latham) Trustee Freelance worker Patricia García Villanueva Wife of Juan Victor Garcia Gil Teaching assistant Cristina Martinez- Conde Gomez Trustee Freelance worker Name of trustee or related party Relationship to charity Description of transaction Name of trustee or related party Relationship to charity Description of transaction |
2023 £ 3,000 1,803 4,803 2023 £ - - |
|---|---|
8