**REGISTERED CHARITY NUMBER: 1186765**
## Report of the Trustees and
## Unaudited Financial Statements for the Year Ended 31 August 2024
for Rimon Jewish Primary School Charitable Trust
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
Rimon Jewish Primary School Charitable Trust
## Contents of the Financial Statements for the Year Ended 31 August 2024
||Page|
|---|---|
|Report of the Trustees|1|
|Independent Examiner's Report|2|
|Statement of Financial Activities|3|
|Balance Sheet|4|
|Cash Flow Statement|5|
|Notes to the Cash Flow Statement|6|
|Notes to the Financial Statements|7 to 12|
Rimon Jewish Primary School Charitable Trust
Report of the Trustees
for the Year Ended 31 August 2024
The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. 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 objects of the charity are to advance the education of the pupils at the Rimon Jewish Primary Schools by providing and assisting in the provision of funds and facilities.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust dated 14th May 2019 as amended 3rd December 2019, and constitutes and unincorporated charity.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1186765
**Principal address** 41A Dunstan Road London NW11 8AE
## **Trustees**
J M Zinkin D R Wolfin P Morland
## **Independent Examiner**
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
Approved by order of the board of trustees on .........12.06.2025............... and signed on its behalf by:
.......................................................... J M Zinkin - Trustee
Page 1
Independent Examiner's Report to the Trustees of Rimon Jewish Primary School Charitable Trust
## **Independent examiner's report to the trustees of Rimon Jewish Primary School Charitable Trust**
I report to the charity trustees on my examination of the accounts of Rimon Jewish Primary School Charitable Trust (the Trust) for the year ended 31 August 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the 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 Association of Chartered Certified Accountants, which is one of the listed bodies.
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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Delia Allott The Association of Chartered Certified Accountants
Two Rivers Accountancy 38 Eton Wick Road Eton Wick Windsor Berkshire SL4 6JL
Date: ..........12/06/25...................................
Page 2
Rimon Jewish Primary School Charitable Trust
|Statement of Financial Activities
for the Year Ended 31 August 2024
**INCOME AND ENDOWMENTS FROM**
Notes
Donations and legacies
2
**EXPENDITURE ON**
Raising funds
3
**Charitable activities**
Advancement of education
4
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31.8.24
Unrestricted
fund
£
31.8.23
Total
funds
£
340,217
601,771
-
10,869
385,167
383,299
1,301
1,439
386,468
395,607
(46,251)
206,164
457,643
251,479
411,392
457,643|
|---|---|
The notes form part of these financial statements
Page 3
Rimon Jewish Primary School Charitable Trust
## Balance Sheet
## 31 August 2024
|Notes
**CURRENT ASSETS**
Debtors
9
Cash at bank
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
**TOTAL FUNDS**|31.8.24
Unrestricted
fund
£
83,731
330,061
413,792
(2,400)
411,392
411,392
411,392
411,392
411,392|31.8.23
Total
funds
£
71,536
387,307
458,843
(1,200)
457,643
457,643
457,643
457,643
457,643|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ...........1..2....0..6.....2..0..2...5 and were signed on its behalf by:
.............................................
J M Zinkin - Trustee
............................................. D R Wolfin - Trustee
............................................. P Morland - Trustee
The notes form part of these financial statements
Page 4
Rimon Jewish Primary School Charitable Trust
## Cash Flow Statement
|for the Year Ended 31 August 2024
Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating
activities
**Change in cash and cash**
**equivalents in the reporting**
**period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the**
**end of the reporting period**|31.8.24
£
(57,246)
(57,246)
(57,246)
387,307
330,061|31.8.23
£
217,208
217,208
217,208
170,099
387,307|
|---|---|---|
The notes form part of these financial statements
Page 5
Rimon Jewish Primary School Charitable Trust
Notes to the Cash Flow Statement for the Year Ended 31 August 2024
## **1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**Net (expenditure)/income for the reporting period (as per**
**the Statement of Financial Activities)**
**Adjustments for:**
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash (used in)/provided by operations**
**ANALYSIS OF CHANGES IN NET FUNDS**
**Net cash**
At 1.9.23
£
Cash at bank
387,307
387,307
**Total**
387,307|31.8.24
£
31.8.23
£
(46,251)
206,164
(12,195)
12,244
1,200
(1,200)
(57,246)
217,208
Cash flow
£
At 31.8.24
£
(57,246)
330,061
(57,246)
330,061
(57,246)
330,061|
|---|---|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
The notes form part of these financial statements
Page 6
Rimon Jewish Primary School Charitable Trust
Notes to the Financial Statements for the Year Ended 31 August 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, 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 Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Donations**
Donations are received from parents of the children studying at the Rimon Jewish Primary School. They are recognised when the amounts have been received by either the Trust or the School directly.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Charitable activities Advancement of education**
Activities:
- To co-operate with the school's governors, staff and parents in encouraging parental voluntary contributions on a regular basis and in other ad-hoc fund-raising activities and
- To advance funds raised on this basis to the school for the stated objectives, within the constraints of the funds available and with a regularity agreed with the school administration and governors
## **Taxation**
The charity is exempt from tax on its charitable activities.
Page 7
continued...
Rimon Jewish Primary School Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **1. ACCOUNTING POLICIES - continued**
## **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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|Donations
Gift aid
**3.**
**RAISING FUNDS**
**Raising donations and legacies**
Fundraising campaign
**4.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Advancement of education
Costs
£
1,167|31.8.24
£
292,750
47,467
340,217
31.8.24
£
-
Grant
funding of
activities
(see note
5)
£
384,000|31.8.23
£
529,566
72,205
601,771
31.8.23
£
10,869
Totals
£
385,167|
|---|---|---|
Page 8
continued...
Rimon Jewish Primary School Charitable Trust
## Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **5. GRANTS PAYABLE**
|31.8.24
£
Advancement of education
384,000
The total grants paid to institutions during the year was as
follows:
31.8.24
£
Rimon Jewish Primary School
384,000
**SUPPORT COSTS**
Governance
Finance
costs
£
£
Other resources expended
101
1,200|31.8.23
£
382,564|
|---|---|
||31.8.23
£
382,564|
||Totals
£
1,301|
## **6. SUPPORT COSTS**
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|601,771|
|**EXPENDITURE ON**||
|Raising funds|10,869|
|**Charitable activities**||
|Advancement of education|383,299|
|Other|1,439|
|**Total**|395,607|
|**NET INCOME**|206,164|
Page 9
continued...
Rimon Jewish Primary School Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
|**8.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|
|---|---|---|---|---|
|||||Unrestricted|
|||||fund|
|||||£|
||**RECONCILIATION OF FUNDS**||||
||Total funds brought forward|||251,479|
||**TOTAL FUNDS CARRIED**||||
||**FORWARD**|||457,643|
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.8.24|31.8.23|
||||£|£|
||Prepayments and accrued income||83,731|71,536|
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.8.24|31.8.23|
||||£|£|
||Other creditors||2,400|1,200|
|**11.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.9.23|in funds|31.8.24|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|457,643|(46,251)|411,392|
||**TOTAL FUNDS**|457,643|(46,251)|411,392|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|340,217|(386,468)|(46,251)|
||**TOTAL FUNDS**|340,217|(386,468)|(46,251)|
Page 10
continued...
Rimon Jewish Primary School Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 August 2024
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.9.22
£
251,479
251,479|Net
movement
in funds
£
206,164
206,164|At
31.8.23
£
457,643
457,643|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|601,771|(395,607)|206,164|
|**TOTAL FUNDS**|601,771|(395,607)|206,164|
|A current year 12 months and prior year 12 months combined position is as follows:||||
|||Net||
|||movement|At|
||At 1.9.22|in funds|31.8.24|
||£|£|£|
|**Unrestricted funds**||||
|General fund|251,479|159,913|411,392|
|**TOTAL FUNDS**|251,479|159,913|411,392|
|A current year 12 months and prior year 12 months combined||net movement in funds,||
|included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|941,988|(782,075)|159,913|
|**TOTAL FUNDS**|941,988|(782,075)|159,913|
Page 11
continued...
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 August 2024.