COiKPANY REGISTRATION NUTrtBER: 873750
CHARITY REGISTRATION NUMBER: 248708
Beth Jacob Grammar School for Glrls Limlted
Company Linjfited by Guarantee
Financlal Statements
For the yeAr tllded
31 Auguat 2024
COHEN ARNOLD
Clwt¢red accountants & statutory auditor
New Burlington House
1075 Finchley Road
London
NWII OPU

Betb Jacob Grammvdr School for Girls Limited
Compydny Limited by Guarantee
Finanelal Statements
Year eoded 31 August 2024
Pages
Trustees, annual report (incoTporating the directovs rewrt)
Ito4
Independent auditor's report to the memkrs
5t09
Statement of financial activities (including incom¢ and expenditure
account)
io
ststement of financial position
li
Staiement of cash flows
12
Notes to the fmancial statements
13to21

Beth Jacob Grgmmar School for Girls Limited
Company Limited by Guv4rantee
Trusteey, Annual Report (tneorporating the Director's Report)
Year ended 31 August 2024
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 August 2024.
Referenee and admlnistrAtive de¢Ai18
Beth Jacob Grnmmar S¢h(K)I for Girls Limited
Registered ¢hArity name
Charity regis¢ration number
Company reg19trn¢ion number 873750
Prineipal offlee And registered Freshwater House
office
158-162 Shafiesbury Avenue
Indon
WC2H 8HR
248708
The truyteeg
Mr B.S.E Freshwater
Mr D. Davis
Mr J. Ellinson
Company secretary
Audltor
Mr J S Southgate
Cohen Arnold
Chartered accountants & stawiory auditor
New Burlington House
1075 Finchley Road
London
NWI I OPU
BAnker8
Barclays Bank Pl
l*icesler
LE87 2BB
Struclure? governxn¢e And management
The d8y to day affairs of the Company are administered by an ExecutiY¢ Committee who receive no
r¢mun¢ration for their seryices and the Chairnian of which is Mr BSE Freshwater.
The Truslee5 will apply suilable recruitment And training procedure5 should the Charity d¢cide to
appoint new Trustees.
As the Charity is a Company limit¢d by guarantee. ils governing documents are its Memorandum and
Articles of Association.
The Articles of Association of th¢ Company do nol require the Governors (Trustees) to retire by
rotstion.

Betb Jaeob Grammar School for Girls Limited
Company Limited by Guarnntee
Trustees, Annual Report (IneorporYdtlDg the Direetor'B Report) (coHliMued)
Year ended 31 August 2024
Structure? govern*Dce attd management{cMllrnied)
Risk Management
The Charity has assessed the major risks to which the Chhrity is exposed, in particular those lo the
operations and finances of the Charity. and is satisfied that systetns are in place to tnitigate its
exposure to those risks.
It is recognised that syst¢m5 Can only provide reasonable but not absolute assurance that major risks
have been adequately managed.
Related Pydrty Transactions
During the year the Charity received use of its premises rent fre¢ (market value rent of £400,000)
from Mayfair Charities Limited, a charitable Company of which Mr B S E Freshwal¢r (a Govemor of
this Charity) is a Governor. li Also received £1,850,000 as donations towards th¢ General Fund from
The R&phael Freshwater Memorial Association Limited, a charitable company of which Mr B S E
Freshwater is & Governor.
Obje¢tlveJ activitieg
The Company is established for Charilable Purposes. its objects being lo advance religion in
accordance with the Orthodox Jewish faith and for such other purposes as are recognised by English
law as charitable.
The Charity operates the B¢th Jacob Grammar Sch¢)ol for Girls. which is based in North West London
and aims to provide its pupils with a sound education of the highest order. providing r¢ligious
instruction and trainin8 therein in acoordance with ihe doctrines and principl¢s of Orthodox Judaism.
The Governors (Trustees) in conjunction with senior slaff oversee the strategy. performance and day
to day operations of the Beth Jacob Grammar School for Girls.
The Governors (Truslees) eonfimi their eompliance with th¢ duty to have due regard to the public
b¢nefit guidance published by the Charity Commission when reviewing the Charity's aims and
objectives and in planning future activilie5.
As a matter of policy the Charity does not refuse educotion to tho8e unable io contribute lo the cost
thereof and accepts studenis of mixed abilities. During the year parental contributions Covered
approximately IOO/o of the cost of running the school. The remaining balance was covered by
chariiable donations with Ihe major portion being provided by The Raphael Freshwater Memorial
Association Limnited. a charity with Governors (Trustees) in common with the Charity.
A¢bievemeDts and per(orm8nee
The Charity has ￿ntInued to provide a first class education to the pupils as borne out by th¢ school's
last Ofsted report on 14th March 2023. classifying il 8S '8ood' in the quality of education and
'out5tanding' in b¢haviour and attitudes of the students.
The financial results for the year under review we set out in the attached Financial Sthtements
tO8ether with the Notes thereon.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (conliKwed)
Year ended 31 August 2024
FinAnci%l revieiv
Reserves Policy
The Charity has £536,648 of free ￿S¢rY¢S at 31 August 2024. The Trustees further consider th&t an
adequate level of resources will be available to the Charity to fund charitable expenditure and the day-
to-day running costs of the School on the basis of continued support from The Rephael Fre5hwa¢¢r
Memorial Association and Mayfair Charities Limited.
Plans for the future
The Governors (Trustees) consider that the success of the s¢hool over the last few years indicates the
appropriateness of ihe Charity's slrategy. The Governors (Trustees) plan to ensur¢ that ihe standard of
edLi¢ation remains high.
Fixed Assets
The movements in fixed assets are fvlly reflected in Nole 14 to the Financial Siat¢ments.
Following the expiry of the lease grant¢d by Mayfair Charities Limited {Mayfair) on the land
occupi¢d by the School. Ihe Charity continues to hold-over as lessee of th¢ premises and remains in
occupation ihereof reni fre¢. In accordance with the Statement of Recommended Practice for
charilies, this has been reco8nised in the Financial Statements as both voluntary income and resources
expended. at the Govemor5' (Trustees,) estimat¢d annual rental market value of £400,000.
Tru8tee8' responsibilltles statement
Th¢ trustees, who are also directors for the purposes of company law. are responsible for preparing
the trustees, report and the financial statemenls in accotdance with appliL&ble law and United
Kingdom Accounting Standards (United Kin8dom Generally Accepted Accountin8 Practice).
Company law requires the charity trustees to prepare financial slatements for each year which give a
true and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources. including the income and expenditure. for that period.
In preparing these finan¢ial statement& the Iru$tees are required to:
s¢l¢ct suitable accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charities SORP.
make jud8m¢nts and accounting ¢stimales that are reasonAble and prudent.
prepare the financial statements on the going concern basis un1¢58 it is inappropriate to presume
that the charity will continue in business.
The tn15tees are responsible for keeping adequate accounting records that are sutYi¢ient io show and
explain the charity's trAnsaclions and di￿lOse with reasonable accuracy ai any time the financial
tK)sition of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of th¢ ¢harity and hence
for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Trustees, ADDual Report (Incorporating the Director's Report) (¢oJwlJwed)
Year ended 31 August 2024
Auditor
Each of ihe persons who is a trus*e at the date of approval of this report confirnis that..
so far as they are aware, there is no relevant audit inforn￿tIon of which the charity's auditor is
unaware. aT]d
they have taken all steps that Ihey ought to have taken as & trustee to make themselves aware of
any relevant audit information and to establish that the charity's auditor is aware of that
inforniation.
Sm411 eompAny provisions
This rep)rt has been prepared in accordancc with the provisions applicable to companies entitl¢d to
the small companies ¢x¢mption.
The trustees, annual report was approved on 13 May 2025 &nd signed on behalf of the board of
tNslees by:
Mr B.S.E Freshwater
Trustee

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Independent Auditor's Report to tbe Members of Beth Jacob Grammar School for Girls
Limited
Year ended 31 August 2024
Opinion
We have audited the financial statements of B¢th Jacob Grammar School for Girls Limit¢d (the
'charity') for the year ended 31 Au8USt 2024 which comprise the statement of financial activities
{in¢ludin8 income and expenditure account), statement of financial position, statement of cash flows
and the relaled notes, including a summary of significant accounling policies. The financi&l reporting
frllmework that has been applied in their preparation is applicable law and Uniled Kingdom
Accountin8 Standards, including FRS 102 The Financial Reporting Standard applicable in the UK
and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial slalements:
give a true and fair view of the stale of the charity's affairs as at 31 August 2024 and of its
incoming resources and application of resources, including its income and expenditure, for ihe
year then ended.
have been properly prepared in accordance with United Kingdom Generally A￿epted
Accounting Practi¢¢'
have bcen prepared in aecordance with the requir¢m¢nts of the Compani¢s Act 2006 and the
Charities Act 2011.
BASIS for opinlon
We eonducied 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 audilor's
r¢sponsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the eihical r¢quirements that are relevant to our audit of the financial
statements in the UK, including ihe FRC.'s Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit eviden￿ we have
obtained is sulyieient and appropriate to provid¢ a basis for our opinion.
Conclu8loDy relailng ¢0 goiDg ¢oneern
In auditing the financial stalefflents, we h&ve concluded that the Iruslees, use of the going concern
basis of accountin8 Iri the preparation of the financial ststements 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 doltbt on the charity's
ability to continue as a going concern for a period of at least twelve months from when the financial
statements are auihorised for issue.
Our responsibilities and the responsibilities of th¢ trustees with respect to going concern are d¢scribed
in the relevant sections of this report.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Independent Auditor's Report to the Members of Beth Jacob Grammar School for Girls
Limited (cmlNied)
Year ended 31 August 2024
Other informadon
The other InfOrn￿lI0D Comprises Ihe inforniation included in the annual reporL other than the
financial statements and our auditor's report ihereon. The trust¢es are reswinsible for the other
inforniation. Our opinion on the financial statements does not cover ihe other infornialion and. except
to the extent otherwise explicitly staled in our report, we do not express any forni of assurance
conclusion thereon.
In connection with our audit of the financial statements, our res￿nsIbl11ty is to read the other
infotinalion and, in doin8 so, consider whether the other infornlalion is malerially inconsistent witl)
the financial statements or our knowledge obtained in th¢ audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material misstalements. we are
required to deterniine whether there is a material misstalemenl in the financial statetllents or a
material misstatement of the other infomiation. If, based on the work we hav¢ p¢rfornied. we
conclude that there is a material misstalement of this other information, we are required to report that
fact.
We have nothing to report in this re8ard.
Oplnions on oiber matters preserlbed by the Companles Act 2006
In our opinion. based on the work undertaken irt the course of ih¢ audit..
the infornlation 8iven irt the trustees, ￿pOrt for the financial year for which lh¢ financial
statements ar¢ pr¢p8r¢d is consistent with the financial sta¢ements- and
the trustees, report has been prepared in accordanc¢ with applicabl¢ legal requiremcnls.
Matters on wbich we Are required lo report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the followin8 matters in relation to which the Companies Act
2006 and the Charities Act 201 I requires us to report to you if, in our opinion..
adequate accounting records have not been kept, or returns adequale for our audit have not be¢n
received from branch¢s not visited by us. or
the financial statements are not in agreement with the accounting records and returns- or
ertain disclosures of trustees, remuneration specified by law are not made. or
w¢ have not received all the information and explanations we require for our audit; or
the trustee5 were not entitled to prepare the financial statements in accordance with the small
companies regime and take advanlage of the small companies, exemptions in preparing the
dIr￿tors, report and from the requirement to prepare a strategic report.

Beth Jacob Grammar S¢hool for Girls Limited
Company Limited by Guarantee
Independent Auditorls Report to the Members of Beth Jacob Grammar School for Girls
Limited (cortllmted)
Yeydr ended 31 Augusl 2024
Responsibilities of trustees
As explained more fully in the truste¢s' responsibilities statement, the trustees (who are also the
d1￿CtorS for the purposes of company law) are responsible for the preparation of th¢ financial
slalements and for being satisfied that they give a true and fair view, and for such internal control as
the tnjstees detemiin¢ is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due lo fraud or error.
In preparing the financial statements. the Irustees are responsible for assessing the charity's ability to
continue as a going ¢oncern, disclosing, as applicable, matters related lo going concern and using the
going concern basis of accounting unless the Irustees either intend to liquidate the charity or to Cease
operations, or hav¢ no realistic aliernaliv¢ but to do so.
Audlior's re$ponslbilitie8 for the audit of the financiAI gtAtemeDts
Our objectives ar¢ to obtsin reasonable ossurance about whether the financial statements Rs a whole
are free from material misslalemenL whether due to fraud or emr. and io issue an Auditor's report
that includes our opinion. Reasonabl¢ assurance is a high level of assurance, but is not a guarantee
that an audit conducted in aLLordan¢¢ with ISAS (UK) will always d¢t¢¢t a material misstatement
when it exists. Misstaiements can arise from fraud or error and are considered material if, individually
or in the aggregate. they Could reasonably be expecl¢d to influence the economic decisions of users
taken on the basi5 of these financial statements.
Irregularilies, including fraud. are instances of non-¢ompliance wilh 18ws and regulations. We desi8n
procedures in line with our responsibililies. ouilined above. to detect material misstatements in
respect of irregularities, including fraud. The exteftt to which our procedures arc capable of detectin8
irregularities, including fraud is detE4iled below..
We obtained an understanding of the legal and regulatory frameworks that are applicable to the
charity through disLussion with the trustees and identified fin8ncial reporting legislation and
charity legislation as b¢in8 most significant to these financial slatements.
We communicated these id¢ntified frameworks amongst our audit team aJ)d remv¢ined alert to
any indications of non-compliance throughout the audit. We ensured that the engagement team
had S￿￿1clent competence and capability lo identify or recognise non-compliance with the laws
and regulations.
We discuss¢d with the trustees the p)licies and prwedures regarding compliance with these
legal and regulatory frnmeworks.
We assessed the susceptibility of th¢ charity's financial statements lo material mi55tatem¢nt due
lo non-compliance with legal and r¢gulal0ry frameworks. including how fraud might occur. by
enquiry with the trustee5 during the planning and finalisation phases stages of our audit. The
Susceptibility to such material misstatement was det¢nnined to be low.
Based on this understanding, we designed our audit pr￿edureS to identify non-compliance with
the identified legal and regulatory frnmeworks, which w¢re part of our procedures on th¢ r¢lated
financial statement it¢ms.

Beth Jacob Grammar School for Girls Limited
Compydny Limited by Guarantee
Independent Auditor's Report to the Members of Beth Jaeob Grammar School for Gir
Limited (¢tsnllnMed)
Year ended 31 August 2024
As part of an audit in accordance with ISAS (UK), we exercis¢ professional judgment and m&intain
professional sceptiCi5m throughout the audit. We also:
Identify and assess th¢ risks of material misstatement of ihe financial statements. whether due to
fraud or error. design and perfonn audit procedures responsive to those risks. and obtain audit
evidence thal is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a nwt¢rial misstatement resulting from fraud is higher than for one resulting from
emr, as fraud may involve collusion, forgery* intentional omissions, misrepres¢ntstions, or the
override of intern81 control.
Obtain an understanding of internal control relevant to th¢ audit in order to design audit
procedures that ar¢ appropri&te in the circumstances, but not for the purpose of expressing an
opinion on the effe¢liv¢ness of the intemal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of a¢¢ounting
estiMA￿S and related disclosures m&de by the ttllStees.
Conclud¢ on the appropriateness of the trust¢es' use of the going concern basis of ￿cOuntIng
and, based on the audit evidence obtained. whether a material uncertainty exists related to events
or conditions that may cast significant doubt on the charity's ability to continue as a going
con¢ern. If we conclude ihat & material uncertainty exists, we ar¢ required to draw Rttenlion in
our auditor's report to the related disclosures in the financial s¢atetnent5 or. if such disclosures
are inadequate, lo modify our opinion. Our ¢onclusions are based on the audit evidence obtained
up to the date of our auditor's report. However. future events or ¢onditions may cause the charity
to ccase to continue as a going concern.
Evaluate the overall pres¢niation, structure V4nd content of the financi81 statements. including the
disclosures, and wh¢ther ihe financial statements represent the underlying Iransaclions and
events in a manner that achieves fair pr¢sentstion.
W¢ communicate with those charged with governance regardin& among other matters. the planned
scop¢ and liming of the Vdudit and significant audit findin84 including any significant deficiencies in
internal control that w¢ identify during our audit.

Beth Jacob Grammar Sebool for Girls Limited
Company Limited by GuarYdDte¢
Independent Auditorls Report to the Member8 of Beth Jacob Gr¥dmDiar School for Girls
Limited (conllK#edJ
Year ended 31 August 2024
Cohen Arnold is eligibl¢ to act as an auditor in terms of section 1212 of the Companies Act 2006.
Use ol our r¢port
This report is made solely to the charity's members. as a body. in accordance with section l44 of the
Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
undertaken so that w¢ might state to the charity's members those matters we are required to state to
them in an auditorfs report and for no other purpose. To the fullest extent pern)itted by law. we do not
accept or assum¢ responsibility to anyone other than the charity and the charity's members as a body.
for our audit work, for this repoiL or for the opinions we have formed.
Mosh¢ Broner-cohen (Senior Statulory Auditor)
For and on behalf of
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
London
NWI I OPU
Date

Betb Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Statement of Financial Activities
(including ineome and expendilure account)
Year ended 31 August 2024
2024
2023
Unrestricted
funds
Restricted
funds Total funds Total funds
Note
Income endowmen¢8
Donations and lega¢i¢s
Investment income
3,177.929
177
106,438
3284?67
177
3,079.809
42
Total ineome
3,178.106
106,438
3,284,544
3.079,851
Expenditure
Expenditure on charitable activities
Totsl exp¢Dditure
70 (3,122.238) (106,438) (3228ffj76) (3.005,897)
(3,122.238) (106.438) (3,228,676) (3.005,897)
Net Income #nd net movement in funds
55.868
55.868
73.954
Reconeilia¢ion of funds
Tolal funds brought forward
Totsl funds tarrled forwydrd
616.954
616,954
672022
543.000
616,954
672,822
The stalemenl of financial activities includes all gains and losses r¢eognised in ihe year.
All income and expenditure derive from continuing activiti¢s.
The nots$ oft p*2es 13 to 21 form pgrt of thue fiThancig15tsttment&
io-

Beth Jacob Gramn)ar School for Girls Limited
Compydny Limiled by Guydrantee
ststement of Financial Position
31 August 2024
2024
2023
Nots
Fixed assets
Tangible fixed assets
Current Assets
Debtors
Cash at bank and in hand
14
136,174
144,535
15
16,949
585,116
602,065
12,236
524.510
536.746
(64,327)
472.419
616.954
616,954
Credliors: amounts f&lllD¥ due wlihin one yevdr
N¢t eurrent a￿t9
16
(65,417)
536,648
672,822
672,822
Total Assets le88 current Ilabili¢le8
Y4et fi￿ets
Fullds of ¢be chgrity
Unreslri¢t¢d funds
672,822
672022
616.954
616,954
Totsl ehArity funds
18
These financial statemenls hav¢ been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These finaneiAI ststemenls w¢r¢ approved by the board of trustees and authorised for issue on 13
May 2025, llrtd are signed on behalf of the board by:
Mr B.S.E Freshwater
Trusle¢
The notes OTh pa2e$ 13 to 21 form part of these financixl st*¢ement

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 August 2024
2024
2023
Cash flows from opernting activities
Net income
55068
73,954
Adjusimenisfor..
Depreciation of tangibl¢ fixed assets
Other interest receivable and similar incom¢
Interesl payable and simi18r charges
Accrued expenses
Changes in..
TrAde and other d¢btors
Trade and oiher creditors
40,105
{177)
64.851
1,077
40,096
(42)
27.768
135
(4,713)
13
(892)
(4.019)
137.000
Cash generated from operations
Interest paid
Interest re¢¢iv¢d
157,024
(64.851)
177
(27.768)
42
Net cash from operating activities
92J50
109.274
Cash floiv8 from Investing oetivitles
Purchase of ¢&ngible assets
Net cash used in investing activities
(31,744)
(31,744)
(22.545)
(22.545)
Net increA8e In cash And equlvalents
Cash and cA8h equivalent$ at beglnlling of year
Cash And cAgh equivalents at end of year
60.606
524,510
86,729
437.781
524.510
585.116
The notes oll pAges IJ to 21 form part of these financial statemen
12-

Beth Jacob Gr2mmar School for Girls Limited
Company Limited by Guarantee
Notes to Ihe Financial Statements
Year ended 31 August 2024
General inform*tion
Th¢ Charity is a public benefit erttily and a private company limited by guarante¢, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Freshwater House. 158-162 Shaftesbury Avenue, London. WC2H 8HR.
Ststement of complianee
These financial statements have been prepared in eompliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities pr¢paring their &ccounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities
SORP (FRS 102)) and ihe Companies Act 2006.
Aecounelng poli¢ieJ
B45ls of preparAtlon
The financial statements have b¢en prepared on the historical cost basis and the functional
currency of the charity is sterling, rounded to Ihe nearest whole pound,
The charity meets the definilion of8 public benefit entity under FRS 102.
Going concern
There are no material uncertainli¢s aiK)Ut the charity's ability to conlinu¢.
Judgements and key sourceg of esrfmAtion ullcertydlnty
The preparation of the financial statements requires manageTnenl to make judgements, estimates
and Rssumptions that affecl the amounts r¢pot1ed. These estim&t¢s and judgements are
continually reviewed and are based on experien¢¢ and other factors. including expectations of
future events that are believed to be reasonable under the circumstanc¢s.
There hav¢ been no material adjustments based on estimations and assumptions during the
finan¢ial year.
Fund aecountlDg
Unrestricted funds are availabl¢ for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earn]arked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure d¢¢lared by the donor or
through the ternis of an appeal. and fall into one of two sulFclasses'. restricted income funds or
endowment funds.
13-

Belh Jaeob Grammar School for Girls Limited
Company Limited by Guarydntee
Notes to the Financial Statements (coHtinriedJ
Year ended 31 August 2024
Accounting policies (cO￿￿￿￿e￿)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, rec¢ip¢ is probable and its amount caft be measured reliably.
legacy incom¢ is recognised when receipt is probable and entitlement is established.
income from donated goods is measur¢d at the fair value of the goods unless this is
impractical to m¢asure reliably, in which case the value is d¢rived from the cost to ihe
donor or the estimated resale value. Donated facilities and services are recognised in Ihe
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is reco8nis¢d with the delivery of the
contracted servi¢¢. This is classified as unrestricted ￿ndS unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be r¢8arded a5 restricted.
Resourees expended
Expenditure is reco8nised on an accruals basis as a liability is ineurred. Expenditure includes
any V AT which rannot be fully recovered, and is classified under headings of ihe statement of
financial activities to which it relates:
expenditure on raising funds includes th¢ costs of all fiindraisin8 activities. events, non-
charitable trading activities, and the sale of donated goods.
expertditure on charitable activities includes all cost5 incurred by a charity in undertaking
activities that further its Charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charit&ble
&Clivities.
other expenditure includes all expenditure that is neither related to raising funds for the
Charity nor part of its exp¢nditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of th¢ resource. Direct Cosls
attributable to a single activity are allocated directly to that activity. Shared Costs are
apportioned between the activities they contribute to on a reasonable, justifiable and consistent
basis.
TAngible assets
Tangible assets are initially recorded at cost. and subsequently slated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated
deprectation and subsequent accumulated impairment losses.
14-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the Financial Statements (CQnfflttu￿j
Yelr ended 31 August 2024
Accounting ptslieies fcvnlinutd)
Tangible 4&8¢tSlcontinued)
An increase in the Carrying amount of an asset As a result of a revaluation. is reCO￿lSed in oiher
recognised gains and losses. unless it reverses a chorge for impaimjent that has previously been
recognised as expenditure within the siatemenl of financial activities. A decr¢ase in the carrying
amount of an assel as a result of reyalualion, is recognised in other recognised gains and losses.
except to which it offsets any previous revalu81lion gain. in which case the loss is shown wiihin
other recognised gains and losses on the statement of financial activities.
D¢pre¢i#tioll
D¢preciation is calculated so BS to write off the cost or v&luation of an asset, less lis residual
value, over the useful economic life of that asset as follow5-
Long leasehold property
IOO/o Straighi line
Fixtures & Fittings
150/0 redu¢in8 balanee
Equipment
200/0 slraighi lin¢
ImpairmeDt or rixed assets
A review for indicators of impairment is catyied out 4t each reporting date, with the recoverable
amount being estimated where such indicators exist. Whcre the carrying value exceeds the
recoverable amount, Ihe asset is impai￿d ac¢ordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purpos¢s of impairment testing, when it is not possible to estimate the recoverable
amount of an individual as5el, an eslimate 15 Inade of the r￿0ver#b]e amount of the cash-
generatin8 unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of Assets thai includcs the asset and generates cash inflow5 that largely independ¢nt of the
cash inllows from other assets or groups of assets.
For impairnjent testing of goodwill, the goodwill acquired in & business combination is, from the
acquisilion date, allocated lo each of the c&5h-generating units that are expected to benefit from
the synergie5 of the combination, i￿eSpeCtive of whether other assets or liabilities of the charity
are assigned to those units.
Finxnci#l instruments
Financial instruments are classified and 8eeounted for. according to the substance of the
contraclual arrangement, as either financial assets, financial liabililies or equity inslruments. An
equity insirumenl is any contract that evidences a residual int¢re51 in the assets of ihe Company
after deducting all of its liabilities.
Defined conlribulion plans
Contributioi)s to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid Coniribulions are re¢o8nised as an asset to the extent that
the prepaytnent will lead to a reduction in fvture payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of th¢ discount is re¢ognis¢d as an expense in the
period in which it arises.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarnntee
Notes to the Finaneial Statements (Con￿￿*¢1)
Year eoded 31 August 2024
Limited by guarantee
The official name of the Charity is Beth Jacob Qrammar School for Girls Limited, a Company
limit¢d by guarantee.
Its company r¢8iStrntion number is 873750 and its r¢gistered charity number is 248708.
DoDatiolls And legacies
Unrestricted
Funds
Reslri¢t¢d Total Funds
Funds
2024
DonAtions
Parenlal Voluntary Contributions
Donations- Gen¢rlll Fund
Grants
321.282
2,856,647
321,282
2,856,647
106.438
106,438
106,438
3,177.929
3,284J67
Unrestri¢ted
Funds
Restricted Total Funds
Funds
2023
Don4llonJ
Parental Voluntary Contributions
Donations- General Fund
Grants
343.357
2.676,536
343.357
2,676,536
59.916
59.916
59,916
3,019,893
3,079,809
IDveJlmellt income
Unrestricted Total Fundj Unrestri¢td Total Funds
Funds
2024
Funds
2023
Bank interest receivabl¢
177
177
42
42
16-

Beth Jacob Grydmmar School for Girls Limited
Company Limited by Gu¥draDtee
Notes to the Ffinaneial Statements ¢(￿{med}
Year ended 31 August 2024
Expenditure on eharitable activities by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable Activiry
Support costs
3.086.499
35,739
3.122.238
106.438
3,192,937
35.739
3,228.676
106.438
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Charitable Activity
Support costs
2.906.839
39.142
2.945,981
59.916
2,966,755
39,142
59.916 3,005,897
Expenditure on cbarltAble aeilvilies by activity type
Activities
undertaken
directly Support costs
Totsl funds
2024
Total fund
2023
Charitable Activity
Governance costs
3.192.937
2,126 3.193,063
33,613
33.613
35.739
2,974.084
31.813
3.005,897
3.192.937
3328,676
Analy$i$ of support Costs
Analysis of
support costs Total 2024 Total 2023
Finance costs
Governance costs
Legal and professional
2,126
33.613
2.126
33,613
2.086
31.813
5.243
39,142
35.739
35,739
JO. Net ineome
Net income is stated after charyingl(crediting)'.
2024
2023
Depreciation of thngible fixed assets
40,105
40,096
17-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the FiDYdncial Statements (c•nliH¥ed)
Year ended 31 August 2024
11. Audliors remuner&tion
2024
2023
Fees payable for the audit of the financial statements
16,800
15.300
12. Staff costs
The total staff ¢osts and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social security costs
Employ¢r Contributions to pension plans
1,834,505
1311,091
38,822
2,011,418
1,700,310
131,691
37.238
1,869,239
The average head count of employ¢¢s during the year was 91 (2023.. 90). The average number of
full-time equivalent employe¢s during the year is analysed as follows:
2024
2023
Head Teachers
Teaching Staff
Admin Staff
46
12
46
61
57
The number of employees whose remuneration for the year fell within the following bands,
w¢r¢:
2024
No.
2023
No.
£60,000 to £69,999
13. Trustee remuDeration And expenses
No remuneration or other b¢nefits from employment with the charity or a Telated entity were
received by the trustees
18-

Beth Jacob Grammar School for Girls Limited
Company Limlted by Guarantee
Not¢8 to the Financial Statements (etrnrlMMedl
Year ended 31 August 2024
14. Tangible fixed ￿Sets
Long
le8sehold Fixtures and
property
fittings Equipment
Total
Cost
At I September 2023
Additions
35,130
320.677
28.443
410.460
3,301
413.761
766367
31,744
At 31 August 2024
Depr￿latIon
Ai I September 2023
Charge for th¢ year
At 31 August2024
C4rryin¥ amount
At 31 August 2024
At 31 August 2023
35,130
349.120
798,011
7,026
3,513
10,539
255.020
14,115
269,135
359,686
22.477
621,732
40,105
661037
382.163
24,591
28,104
79,985
65.657
31.598
136,174
144,535
50,774
IS. Debtor•
2024
2023
Prepayments accrued income
Other debtors
12J69
4J80
16,949
11,89
346
12,236
16. Credi¢orJ: Amounts fAlling due within one yeAr
2024
2023
Accruals and defetTed income
Other creditors
55,850
9,567
65,417
54,773
9.554
64.327
17. Penglons and other p￿t retiremeot beDefJts
Defined ¢OlltribytioD plans
The amount recognised in income or expenditure as an expense in r¢lation to defined
conlribution plans was £38.822 (2023.. £37,238).
19-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Iyotes to the Financial Statements (¢rtiKuedJ
Year ended 31 August 2024
18. Analysis of charitable funds
Unre8¢ricted fuDd8
Ai
I September
2023
At
31 August
2024
Income Expenditure
General funds
616.954
3,178,106 (3.122,238)
672,822
At
I September
2022
At
31 August
2023
Income Expenditure
G¢neral funds
543,000
3,019,935 (2.945,981 }
616,954
Re8¢ri¢ted funds
At
I Septcmber
2023
At
31 AM%ust
2024
Incom¢ Expenditure
Restricted Fund
106.438
(106.438)
At
I September
2022
At
31 August
2023
Income Expenditure
Restrict¢d Fund
59.916
(59,916)
19. Allalysl8 of net A88ets between futtd8
Uftrestricted TotAI Fundj
Funds
2024
Tangible fixed assets
Current assets
Creditors less ihan l year
Net assets
136,174
602,065
(65,417)
672,822
136,174
602,065
{65,417)
672.822
Unrestricted Totsl Funds
Funds
2023
Tangible fixed assets
Current assets
Creditors less th&n l year
Net assets
144.535
536,746
(64,327)
616.954
144,535
536,746
(64,327)
616,954
-20-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the Finydneial Statements (eothlmiedj
Yevdr ended 31 August 2024
20. Analysts of ¢bangeJ in net debt
At
At I Sep 2023 Cash flows 31 Aug 2024
Cash at b&nk and in hand
524.510
60,606
585,116
21. Relaied parties
During the year the Charity received £4QO.000 (2023: £400,000) as don&tions towards the
General Fund including the us¢ of its premises rent fr¢e (market valu¢ rent of £400,000) from
Ma)fair Charities Limited, a compw)y of which Mr B S E Freshwal¢r (a Governor of this
Charity) is a Governor. li also received £1.980,000 (2023: £1,850,000) as donations towards the
G¢neral Fund from Th¢ Raphael Freshwater Memorial Association Limited. a company of which
Mr B S E Freshwater is a fjovemor.
21