COMPANY REGISTRATION NUMBER: 873750
CHARITY REGISTRATION NUMBER: 248708
Beth Jacob Grammar School for Girls Limited
CompAny Limited by Guaranlee
Fin¥dncial Statements
For the year ended
31 Aygust 2023
COHEN ARNOLD
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
London
NWII OPU

Beth Jacob Grammar School for Girls Limited
Comp¥dny Limited by GUar￿tee
FiDY4ncial Statements
Year ended 31 August 2025
Pages
Trustees, annual report (incorporating the director's report)
Ito4
Independent auditorfs report to the members
5t09
Statement of fmancial activities (including income and expenditure
account)
io
Statement of financial position
li
Stat¢m¢nt of cash flows
12
Notes lo th¢ financial slatemenls
131021

Beth Jaeob Grammar Scbool for Girls Limited
CoD)pany Limited by Guarantee
Trustets, Annual Report (Incorporating the Director's Report)
Year ended 31 August 2025
The trustees. who are also the directors for the purposes of company law, sent th¢ir rew)rt and the
financial statements of the charity for Ihe year ended 31 Au8USt 2025.
Reference and Administrntive detslls
Regislered eharlty Dfdme
Charity registrntion llumber 248708
Company r￿lItratIon number 873750
Principal office and reglstered Freshwater House
offlce
158-162 Shaftesbury Avenue
London
WC2H 8HR
Beth Jacob Grammar School for Girls Limited
The trujtees
Mr B.S.E Freshwal¢r
Mr D. Davis
Mr J. Ellinson
(Di¢d l May 2025)
Company secretary
Audilor
Mr J S Southgale
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Fin¢hl¢y Road
London
NWI I OPU
B4Dkers
Barclays Bank PIC
Leicester
LE87 2BB
Struetiire9 governance and management
The day lo day affairs of the Company are administered by an Executive Committee who receive no
remuneration for their services and the Chairnian of which is Mr BSE Freshwater.
The Trustees will apply suitable recruitment and training procedu￿$ should the Charity d￿lde to Appoint
new Tnlstees.
A5 the Charity is a Company limited by guarantee. its goveming documents are its MemoranduTll and
Articles of Association.
The Articles of Association of the Company do not require the Governors (Trustees) lo retire by rotation.

Beth Jacob Grammar School for Gir15 Limited
Company Limit¢d by Guarantee
Trustees, Annual Report Uneorporating the Direetor's Report) fcMIiNte4)
Year ended 31 August 2025
Strnetiire? governanee mollagement feoniiffméd)
Risk ManAgement
The Charity has assessed the major risk5 to which the Charity is exposd, in particular those lo the
operations and finances of ihe Charity, and is satisfied that Systems are in place to mitigate ils exposure to
those risks.
It is recognised that systems can only provide reasonable but not absolute assurance that major risks have
been adequately tnanaged.
Related Party Tr¥nsAction$
During th¢ year the Charity received us¢ of its premises rent free (market valu¢ r¢nt of £400,000) from
Mayfair Charities Limiled. a charitable company of which Mr B S E Freshwater (8 Governor of this
Charity) is a Governor. It also received £1.650,000 as donations towards the General Fund from The
Raphael Freshwater Memorial Association Limited. a charitable Company of which Mr B S E Freshwater
is a Governor.
Objectives and aetivities
The Comp8ny is established for CharitAble Purposes. its objects being to advance religion in aecordartce
wilh the Orthodox Jewish faith and for such oth¢r purposes as are recognised by English IAW as
charitsble.
The Charity operates the Beth Jacob Grammar School for Girls. which is based in North West London
and aims to provide ils pupils with a sound educalion of the highest order, providing reli8ious insiruclion
and training therein in accordance with the doclrines and principles of Orthodox Judaism.
The Governors (Truslees) in conjunction with senior staff oversee the strntegy. perforniance and day to
duy up¥ruliuns ufili¥ Beili JuL¢Jb GrJIiiiiiur S¥livol for Girls.
The Governors (Trust¢¢s) confirm their compliance with the duty to have due regard to the public benefit
guidance published by the Charity Commission when reviewing th¢ Charity's aims and obj¢¢lives and in
plannin¥ future activities.
A5 & matter of policy the Charity does not r¢fus¢ education to those unable to contribute to the cost
thereof and accepts sludenls of mixed abilities. During the year parental contribution5 covered
approxitnately l 00/0 of the cost of running the school. The remainin8 b&lance was Covered by charitable
donations with the major portion being provided by The Raphael Freshwater Memorial Association
Limnited, a charity with Governors (Trustees) in common wilh lh¢ Chariry.
Acbievements And performgnce
The Chariry has continued to provide a first class education to the pupils as bome out by the school's last
Ofsted report on I Ith February 2025, classifying it as 'good' in the quality of education and 'outstanding'
in behaviour and attitudes of the students.
The financial results for the year under review set out in the attached Financial Statements together
with the Notes thereon.

Beth Jacob Grammar School for Girts Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢on¢iNied)
Year ended 31 August 2025
Financial review
R¢serves Pollcy
The Charity has £92,738 of free rese￿¢$ at 31 August 2025. The Trustees further Consider ihat an
adequate level of resources will be avai18bl¢ to the Charity to fund ¢haritable expenditure and the day-t
day running costs of the School on the basis of continued support from The Raphael Freshwater
Memorial Association and M&yfair Charili¢s Litnited.
Plans for the future
The Governors (Trustees) consider that the success of the school over ihe last few years indicates the
appropriateness of the Charity's strategy. The Governors (Truslce5) plan to ensure that the stand&rd of
education remains high.
Fixed A￿e(S
The movements in fixed a5set5 are fully reflected in Note 14 to the Financial Statements.
Following the expiry of the lease granted by Mayfair Charities Limited (Mayfair) on the land occupied by
the School, the Charity continues to hold-over as lessee of the premises and remains in occupation thereof
rent free. In accordance with the Sialement of Recommended Practice for charities. this has been
recognised in the Financial Statements as both voluntary income and resourc¢5 expended. at the
Governors, (Trustees'} estimated annual rental market value of £400,000.
Trustteg, responsibilities Statement
The trusl¢¢s, who are also directors for the purposes of company law, are responsible for preparing the
trustees, report and the financial stat¢ments in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted A¢counling Practice).
Company law requires the charity trust¢es to prepare financial statements for each yegr which give a tru¢
and fair view of the state of affairs of the charitable company and the incoming resour¢es application
of resources, including the incom¢ and expenditure, for thal period.
In preparin8 these financial slalemenls, the trustees are required to:
select suitable accounting policies and then apply them consist¢ntly J
observe the methods and principles in the applicable Charities SORP.
make judgments and accounting e￿lm￿leS that are reasonable and prudent.
prepare the finAnci&l statements on the going concern basis unless it is inappropriale to presume ihat
the charity will continue in busines5.
The trusle¢s are responsible for keeping adequate accounting records that are su￿1Clent to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial position
of the charity and enable them lo ensure that the finan¢ial statements Comply with the Companies Act
2006. They are also responsible for safeguarding the assets of the charity 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, Annual Report (Ineorpornting Ihe Director's Report)
Year ended 31 August 2025
Auditor
Earh of the persons who is a trustee at the date of approval of this report confim)s that:
so far as they are aware. there is no relevant audit inforniation of which the charity's auditor is
unaware. and
they have taken all steps that they ought to have t&ken as a trnstee to make themselves aware of any
relevant audit inforniation and to ¢$18blish thal the charity's auditor is aware of that infom]ation.
Small ¢ompAny provlslons
This report has been prepared in accordance with the provisions applicable to ¢ompanies cnlitl¢d to the
small companies exemption.
The trustees, annual report was approved on
trustees by..
ilrt
2U.6........ and signed on behalf of the board of
Mr B.S.E Freshwater
Trust¢¢

Beth Jacob Grammar School for Girls Limited
Company Limited by Guv4rantee
Independent Auditor's Report to the Members of Betb Jaeob Grammar School for Girls
Limited
Year ended 31 August 202S
Opinion
We have audited the financial statements of Beth Jacob Grammar School for Girls Limited (the 'charity')
for the year ended 31 August 2025 which cotnprise the statement of financial activities (includin8 income
and expenditure account), statement of financial position, statement of cash flows and the related notes.
including a summary of significant a¢countliig policies. The financial reporting framework that has been
applied in their prcparation is applicable law and United Kingdom Accounting Standards, in¢luding FRS
102 Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practiee).
In our opinion the financial statements=
give a truc and fair view of the state of the charity's affairs as at 31 August 2025 Hnd of ils incoming
resources and application of resources. including ils income and expenditure. for the year then
have been prop¢rly prepared in accordance with United Kingdom Generally Accepted Accounting
PraLtice'
have been prepa￿d in accordance with the requirements of th¢ Companies Ac¢ 2006 and the
Charities Act 2011.
Basis for opinioll
We conducted our audil in accordance wilh Intem8tional Standards OD Auditii)g (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those siandards are further described in the auditor's
resp)nsibilities for the audit of the financial statements seLlion of our report. We are independent of the
harity in accordance with the ethical requirements that Are relevant to our audit of the financial
statemenls in tho UK, including the FRC's Ethical Standard, and we h&v¢ fuifille¢J our otlier etliical
responsibilities in Accordance with these requirements. We believe that the audit evidence we have
obtained is Slifficienl and Appropriale lo provide a basis for our opinion.
C0￿ClUSIOnS relating to going eottcern
In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial stalements is appropriate.
Based on th¢ work we have perfornied. we have not identified any material uncertainties relating to
events or condition5 that, individually or collectively? may ¢ast significant doubt on the cl)arity's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authoris¢d for issue.
Our r¢sponsibilitie5 and the responsibilities of the trustees with respect to goin8 concern are d¢￿ribed in
the relevant sectioris 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 Gir
Limited (Cmi￿ll￿¢
Year ended 31 August 2025
Other inforniation
The other information comprises the infomialion included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information. Our
opinion on the financial statements does not cover the other infornjation and. except to the extent
otherwise explicitly stated in our reporL we do not express any form of assurance con¢lusion thereon.
In connection with our audit of the financial statenients, our responsibility is to read the other infom)&tion
and. in doing so, Consider whether the other inforn)ation is materially inconsistent with the financial
statements or our knowledge obtained in ihe audit or othenvise appears to be materially misstated. If we
identify such material inconsistencies or appareiit material misstatements, we are required to determin¢
whether there is a material misstatement in ihe finat7cial statemen15 or a maleriBI mi5Stalement of the
other information. If, based on Ihe work we have performed, we concSude ihal Ihere is a material
misstatemeiit of this other inforniation, we are required to report that fact.
We have nothing to r¢port in this regard.
Opinio￿¥ on other matlers preytrlbed by ¢be Companles Act 2fM)6
In our opinion. bas¢d on the work undertaken in the course of ihe audit:
the inforniation given in the trustees, report for the financial year for which the financial statements
are prepared is consistent with the finan¢i81 statements. and
the trustees, report has been prepared in accordance with applicable legal requirements.
Matters oll wbich we are required to report by exceptlOD
In lh¢ light of the knowledge and understanding of the charity and its environment obtained in the course
of the audi¢ we have not identified material misstatem¢nls in the ttusl¢¢s' report.
We have nothing to report in r¢spect of the following matters in relation to which th¢ Companies Act
2006 and the Charities Act 2011 requires us to report to you if, in our opinion:
adequate accounting records have not been kept. or returns adequate for our audit have not been
received from branches not visited by us. or
the financial statements are not in a8reement with the accounting records and retums; or
certain disclosures of trustees, remuneration specified by law are not made. or
w¢ have not received all th¢ information and explanations we requir¢ for our audit. or
the truslee5 were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies, exemptions in preparing the director5,
repot1 and froin the requirement to prepare A strategic 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 (e•ttilnue
Y¢ar ended 31 August 2025
Respon$ibllltle8 of trnstee8
As explained more fully in Il)e trustees, responsibilities statement, the tNstees (who are also the directors
for the purposes of company law) are respoiisible for the preparation of the financial statements and for
being satisfied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements th&t are free from material misstatement.
whether du¢ lo fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charitys ability lo
continue as a going concern. disclosing. ag applicable. matters related to going concem and usin8 the
going ¢on¢ern basis of accounting unless the trustees either intend lo liquidate the charity or to cease
operdlions. or have no realislic ali¢rnaliv¢ but to do so.
Auditor's responsibilities for the audit of ¢he financlal statements
Our objectives are to obtain reasonabl¢ assurance about whether the financial statements as a whole are
free from material misslalement, wh¢ther due to fraud or error, and to issue an auditor's report thal
includes our opinion. Reasonable assurance is a high l¢v¢l of assurance, but is not a guarnnlee ihat an
audit conducted in accordance with ISAS (UK) will always detect & material misstatement when it exists.
Misstatements can arise from frdud or error and are considered material if, individually or in the
aggregate, they could reason&bly be expecied io influ¢n¢e the economic decisions of users taken on the
bASiS of these financial slalem¢nts.
Irregularities, including fraud, are instances of nOn￿OMpli￿nce with laws and regulations. We de51
procedures in line with our responsibilities, outlined above, to delect material misstatements in respect of
irregularities, including fraud. The extent lo which our procedures are ¢apable of dclecting irregularities,
including fraud is detailed below:
We obtained an underslanding of the legal and regulatory frameworks that are applicabl¢ to the
harity through discussion with the trustees and identified financial reporting legislation and charity
legislation as being most significant to these financial stalemcnts.
We communicated Iliese identified frameworks amon8St our audit team and remained alert lo any
indication5 of non-compliance throughout the audil. W¢ en5vred that the engagement team had
sufficient competsnce and capability to identify or recognise non-compliance with the laws 8nd
re8ulations.
We dis¢ussed with the trustees the policies and procedure5 regArding compliance with these legal
and re8ulatory framework5.
We assessed the susceptibility of the charity's financirll stalemenls to material misstatement due to
non-compliance with legal and regulatory frameworks, incliiding how fraud might occur, by enquiry
with th¢ trustees during the planning and finalisation phases sta8es of our audit. The susceplibility to
su¢h material mi5slatetnent was d¢lermined to be low.
Based on this understandin& we designed our audit procedures to identify non-compliance with the
identified legal and regulatory frameworks, which wer¢ part of our procedures on the related
financial statement items.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guvdrantee
Independent Auditor's Report to the Members of Beth Jaeob Grammar School for Girls
Limiled (¢oRhnue
Year ended 31 August 2025
As part of an audit in a¢¢ordance with ISAS (UK), we exercise professional judgment and maintsin
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misslatement of the financial slatements, whether due to
fraud or error. desi8n and perform audit pr￿edureS resFK)nsive to ihose risks, and obtain audit
evidence that is sufficient and appropriate to ptDvide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error, as
fraud may involve collusion, forgery, intentional omi5siofbS, misrepresentation4 or the overrid¢ of
internal control.
Obtain an understanding of internal control relevanl to Ihe audit in order to d¢5i8n audit procedures
Ihal are appropriate in ihe ¢ir¢umstances, but not for the purpose of expressing an opinion on th¢
effectiveness of the intemal control.
Evaluate the appropriateness of accounting policie5 used and the reasonableness of accounting
estimates and relaled di￿10$Ur¢S made by the trustees.
Conclude on the appropriateness of the trustees, use of ihe going concem basis of aecounting and,
based on the audit evidence obtsin¢d, whether a material uncertainly exists related to events or
Conditions that may cast significant doubt on the charity's ability to conlinue as a going concern. If
w¢ coiiclude thrlt a material uncertainty exists. we ar¢ required to draw altenlion in our auditor's
report to the related disclosures in the financial statements or, if such disclosures are inadequate. lo
modify our opinion. Our ¢onclLisions arc baqed on the audit evidence obtained up to the dale of our
aLiditor's repori. However. future events or conditions may cause the charity io cease to continue as
going concern.
Evaluate the overall Pre￿ntatIOn, structure and content of tlie financial statements, including the
disclosurcs, and wh¢th¢r the financi&l ststements ￿p￿5￿[lI ili¥ uiiJei'lyiii8 Ii'aiiwtioiis aiid eveiits in
manner that achi¢v¢s fair presentation.
We communicate with those charged with governance re8ardin& among other matters, the planned scope
and timii)g of the audit and si8nificant audit findings, including any significant deficiencies in internal
control that we identify during our audit.

Beth Jaeob Grammar School for Girls Limited
Company Limited by Guarantee
lodependent Auditor's Report to the Members of Beth Jacob Grammar School for Girls
Limited (coniivNedJ
Year ended 31 August 2025
Cohen Arnold is eligible to act as aD auditor in ternis of s¢ction 1212 of the Companies Act 2006.
Use of our report
This report is made solely to the charity's members, as a Ix)dy. in accordance with section 144 of the
Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
underthken so that we might stat¢ to the charity's members those marters we are required to state to them
in an auditorfs report and for no other purpose. To the fiillest extent perniitted by law, we do not V4¢cept or
assume responsibility to anyone other th&n the charity and the charity's members as a body. for our audit
work. for this report, or for the opinions we have fonned.
/1
Moshe Broner-cohen (Senior Ststutory Auditor)
For and on behalf of
Cohen Arnold
Chat1¢red accountants & slalutory auditor
New Burlington I louse
1075 Finchley Road
London
NWII OPU

Beth Jacob Grammar School for Girls Limited
Compvdny Limited by Guydrantee
Statement of Financial Activitie8
(including income and expeDditure accoullt)
Year ended 31 August 2025
2025
2024
Unrestricted
funds
Restricted
funds Total funds Total fijnds
Note
Ineome and endowments
Donations and legacies
Investment income
2.940.297
167
110,941
3,051238
167
3.284,367
177
Total Income
2,940.464
110,941
3,051.405
3,284.544
Expendliure
Expenditure on chArilable aclivili¢s
Total expenditure
70 (3,409.789) (110,941) (3520.730) (3,228.676)
(3.409.789) (110.941) (3520.730) (3.228.676)
Net (expendi¢ure)IiDcome and net
movemejht In funds
(469,325)
(469J25)
55.868
ReeoneiliatlOD of fundA
Total funds brought forward
Total funds carried fonvArd
672.822
203,497
672022
203.497
616,954
672,822
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing a¢livities.
Th¢ nott$ on p￿t& 13 to 21 form pArt of these financial statemeNts.
io-

Beth Jacob Grammar Sehool for Girls Limited
Company Limited by Guarantee
Stalement of Financial Position
31 August 2025
2025
2024
Note
Fixed amets
Tangible fixed assets
Curren¢ auets
Debtors
Cash at bank and in hand
14
110.759
136.174
15
21045
150229
16,949
585,116
172,074
(79J36)
92,738
203,497
602.065
Credltors: amounts falling due wi¢biD one year
Nel Current ￿Set3
16
(65.417)
536,648
672.822
TotAI asgets less current liabllliies
Net a88et8
21b3,497
672,822
Funds of the chArity
Unrestri¢l¢d funds
203,497
672,822
Total cbarity fuDd$
18
203,497
672.822
These financial statements have been prepared in accordanc¢ with the provisions appli¢able to companies
subjec1 to the small companies, regime.
These financial statements ￿re approved by the board of trustees and authoris¢d for issue on
2•26...., and are signed on bclialf of ilie board by:
Mr B.S.E Freshwater
Trustee
The thot¢$ on pgges 13 to 21 form part ofthese tlnanc•&l ststements.

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 August 2025
2025
2024
Cash flows from opern¢iDg activities
(expenditureyincome
Adjuslmentsfor..
Depreciation of tangible fixed assets
Other interest receivable and similar income
Interest payable and similar charges
Accrued expenses
Change.w in..
Trade and other debtors
Tradc and oiher creditors
(469,325)
55,868
32,765
(167)
64,006
19,919
40,105
(177)
64,851
.077
(4,896)
(6,INIO)
(363,698)
(64,006)
167
(4,713)
13
Cash generated from operations
Interest paid
Interest re¢eiv¢d
157,024
{64,851)
177
Net cash (used in)Ifrom operating activities
{427J37)
92,350
C8ib nows from Investing aetivitie8
Purchase of tangible asscts
Net cash used in investing activities
(7JS0)
(7J50)
(31,744)
(31,744)
Net (deerease)Ilncrease in cash and cash equivalents
CAsb and Cash equivAleDts At btginnlng of year
C*sh eash equivAlentJ at end of year
{434087)
S85,116
150229
60.606
524,510
585.116
Tht notes on p￿¢S 13 to 21 form p4rt of tbtse flngntlAI State￿ents.
12-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarunlee
Notes to the Financial Statements
Year ended 31 August 2025
Gellerdl Inforniation
The charity is a public benefit entity and a private company limited by guarantee, registered in
England And Wales and a registered charity in England and Wales. The address of the registered
otTice is F￿$hWater House. 158-162 Shaftesbury Avenue. London. WC2H 8HR.
StatemeDt ofcompliance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Prdctice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK &])d Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
A¢¢ounting polieles
B4Jis of preparAtlon
The financial stat¢m¢nts have been prepared on the historical cost basis 8nd the functional Cu￿encY
of the charity is st¢rling, rounded to the nearest whole pound.
The charity meets th¢ definition of a public benefit entity under FRS 102.
Going concern
There are no material un¢¢rtainties about the charity'5 ability lo continue.
Judgements And key sourtts of estlmation uncertalnty
The preparation of the financial $l&temenls requires management to mak¢ judgements, estimat¢s and
assutnptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including exp¢¢tations of future events th&t
are believed to be reasonable under the C1￿UMStanceS.
There have been no material adjustments based on ¢stimations and assumptions during the financial
year.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's
purposes.
Designated funds are unrestricted ￿ndS earniarked by th¢ Irustees for particular future project or
comtnitment.
Reslricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one of two sub-classes.. restricted in¢ome funds or endowment
fui)ds.
13-

Beth Jacob Grammar School for Girls Limited
Company Limited by GuaraDt¢¢
Iyotes to the Financial Statements (eoNiln#ed)
Year ended 31 August 2025
Accounting pollcles (tonthiuedj
Incoming resourees
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 associat¢d with the transaction will
flow to the charity and the amount can be reliably measured. The following specific poli¢i¢s are
pplied to parliculor categories of income..
income from donrltions or gTants is ￿COgnised when the￿ is evidence of entitlement to the gift.
receipt is probable and its omount can be measured reliably.
legacy income is recognised when receipt is probable and entiil¢ment is established.
income from donat¢d goods is measured at the fair value of the ¥oods unless this is impractical
to measure reliablyj in which case the value is derived from ihe cost to the donor or the
estimaled r¢sale value. Donated facilities and services are re¢ognised in the accounts when
received if the value can be reliably m¢8sured. No 8mounls are included for the contribution of
general volunteers.
income from contracts for the siipply of services is recognised with the delivery of the
contracted s¢rvi¢¢. This is classified as unrestricted funds unless there is a ¢ontractual
requiremenl for it to be spent on a particular purpose and relurned if unspent. in which case it
may be re8arded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as A liability is incutTed. Expenditure includes any
V AT which cannol be fully recovered, and is classified under headings of the statement of financial
activities tn which it relates..
expenditure on raising funds includes the costs of all fundraising activities. evenls, non-
charitable trading activities. and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
aclivilies that further its Gharitable aims for the benefit of its beneficiaries, in¢luding those
support costs and costs relating lo the governan¢¢ of the charity apportioned to charitabl¢
activities.
other expenditure includes all expenditure that is neither related lo raising funds for the charity
nor PArt of its expenditure on ¢harilRble activities.
All costs are allocated to expenditure categorie5 reflectin8 the use of the resource. Direct costs
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 A8se18
Tangible assets are initially recorded al c05t, and subsequently stated al cost less any accumulat¢d
depreciation and impairment losses. Any l&ngible assets Ca￿led at revaliied amounls are r¢¢orded at
th¢ fair value at the date of revaluation less any subsequent accumulated depreciation and
subsequent accumulaled impairment losses.
14-

Beth Jacob Grammar School for Girls Limiled
Company Limited by Guarantee
Notes to the Financial Statements fem￿￿•e4)
Year ended 31 August 2025
Accounting polities
Tangible assets fcoRllnued)
An in¢rea5e in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses 8 Charge for impairnient that has previously ken
recognised as expenditure within the statement of financial aclivities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
¢xcept to which it offsets any previous revaluation gain. in which case the loss is shown within other
recognised gains and losses on the statement of financial activiti¢s.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of An asset, les5 ils residual value.
over the useful economic lif¢ of that asset as follows:
Long leasehold property
Fixtures & Fittings
Equipment
Imp4lrment of fixed assets
review for indicators of Impalm￿nI is carried out at each reporting date, with the recov¢rabl¢
amount being ¢51imated where such indicators exist. Where the carrying value exceeds the
reLuverable amount, the asset is impaired accordingly. Prior impairnients are also reviewed for
possible reversal at each reporting dal¢.
For the purpos¢s of impairment testin81 when it is not Possible to estimate th¢ recoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generatin8 unit to
which the asset belongs. The ¢ash-gener&ting unit is the smallest identifiable group of as%ts that
includes the asset and general¢s ¢ash inflows that largely independent of the cash inflows from other
assets or groups of assets.
For impairnient testing of goodwill, the goodwill acquired in a busines5 combination is. from the
acquisition date, allocated to ¢ach of the cash-generating units that ar¢ expected to benefit from the
synergies of the combination, ]￿espeCtive of whether other assets or liabilities of the charity are
assigned to those units.
Finanei*l instrument9
I￿/Tr Strai8ht line
15 /0 reducing balance
20Yo Straight line
Financial instruments are classified and accounl¢d for, according to the substance of the Contrac￿vIl
arrangement, as either financial assets, financial liabilities or eguity instruments. An equity
instrutnent is any ¢ontra¢t that evidences a residual interest in th¢ assets of the Company after
deducting all of its liabilities.
Defined contributlon plans
Contributions to d¢fin¢d contribution plans are recognised as an expense in the period in which the
rela(ed seTrice is provided. Prepaid coiitributions are recognised as an asset to the extent that the
pr¢paym¢nt will lead to a reduction in future payments or a cash refund.
When conlributions are not expected to be settled wholly witliin 12 months of the end of the
reporting date in which th¢ employees render the related servic< ihe liability is measur¢d on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which it arises.
15-

Betb Jaeob Grammar Sebool for Girls Limlted
Company Limited by Guarantee
Notes to the Finanelal Stalements (eonthued)
Year ended 31 August 2025
Limlted by gyarnntee
The offici81 name of the Charity is Beth Jacob Grammar School for Girls Limited, a Company
limited by guaraTrtee.
Its company ￿gIStration number is 873750 and its regislered charity number is 248708.
Donations And legAcle8
Unrestricted
Fund5
Restricted Totsl Funds
Funds
2025
Don4tlon$
Parental Volunlary Contributions
Donalions - Qeneral Fund
Grants
319,540
2,620.757
319.540
2.620,757
110,941
3,051238
110,941
110,941
2.940.297
Unrestricted
Funds
Restricled Total Funds
Funds
2024
DonAtiolls
Parental Voluntary Contribulions
Donations - General Fund
Grants
321,282
2.856,647
321,282
2,856.647
106.438
3,284,367
106,438
106,438
3,177,929
Investment income
Unrestricted Total Funds Unrestrictd Toi81 Funds
Funds
2025
Funds
2024
Bank interest receivable
167
167
177
177
16-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the Finaocial Statements (¢04th4erfJ
Year ended 31 August 2025
Expenditllre on eharltable activities by fund type
Unrestricted
Funds
Restricted Tot*1 Fullds
Funds
2025
Charitable Activity
Support costs
3.350.993
58.796
110,941
3,461,934
58.796
3,409.789
110,941
3,520,730
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Charitable Activity
SupF¥)rt costs
3,086.499
35.739
3.122.238
106,438
3.192.937
35,739
3,228,676
106,438
Expenditure on ebarilAble 4ctivitle$ by actlvlty type
Activities
undertaken
directly Support costs
Total fllndj
2023
Total fund
2024
Charitable Aclivity
Governance costs
3.461,934
1.532
57,264
58,796
3863,466
57264
3,520,730
3.195,063
33,613
3.228,676
3,461,934
AD4tysis of support ¢0St8
Analysis of
support costs Total 2025 Tot812024
Finance costs
Govern8n¢e costs
1.532
57,264
1532
57264
2,126
33,613
35.739
58,796
58,796
10. Net (expeDditure)/income
Net (expenditureyincome is ststed after ¢harging/(¢rediting):
2025
2024
Depreciation of tangible fixed assets
32,765
40.105
17-

Beth Jacob GrammAr School for Girls Limited
Company Limited by Guarantee
Notes to the Financial Statements (Co￿l￿me1)
Year ended 31 August 2025
11. Auditors remuneration
2025
2024
Fees payable for the audit of the financial st4tements
130(Kl
16.800
12. Staff costs
The loial staff costs and employe¢ benefits for the r¢porting period are analysed as follow5:
2025
2024
Wages and ￿larIeS
Social security costs
Employer contribulions to ￿nSiOn plans
2038,749
181 ￿55
43,061
2263 J65
1,834,505
138,091
38,822
2,011,418
Th¢ average head count of employees during ihe year was 99 (2024: 91). The av¢ra8e number of
full-time equivalent employee5 during the y¢ar is analysed as follows:
2023
2024
No.
No.
Head Tcachet
Teaching Staff
Admin Staff
50
io
46
12
63
61
The number of employees whose remun¢ration for the year fell within the following bands, were..
2025
2024
£60,000 to £69,999
£70,000 to £79.999
13. Trustee remunerAtlon and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees
18-

Belh Jaeob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the Financial Statements feoRliMtse4>
Year ended 31 August 2025
14. Tallgible fixed gssets
Long
leasehold Fixtures and
propety
fittings
Equipment
Total
C051
At I September 2024
Additions
35,130
349,120
718
413.761
6.632
420.393
798,011
7050
805J61
At 31 Augu8¢ 21125
Depreelatlon
At I S¢pt¢mber 2024
Charge for the year
At 31 August 2025
Carrying Amoynl
Ai 31 August 202S
Ai 31 Augu512024
35,130
349,838
10,539
3.513
269,135
12,105
281.240
382.163
17,147
399.310
661.837
32,765
694,602
14.052
21.078
24.591
68.598
21,083
31,598
110.759
136.174
79,985
15. Debtor8
2025
2024
Prepayments and accrued income
Other debtors
12,845
9,000
12,569
4.380
16.949
21,845
16. Creditord: Amounts f4lling due wltbln one year
2025
2024
Accruals and deferred income
Other ¢￿dItorS
75,769
3.567
55,850
9.567
79J36
65.417
17. Pensiolly and other po8¢ retirement benefits
Defjned contributlon plans
The aTnount r￿Qgnised in income or expenditure as an expense in relation to defined contribution
plans was £43.061 (2024: £38,822).
19-

Beth Jacob Grrdmmar School for Girls Limited
Compfiny Limited by Guarantee
Notes to the Financial Slatements (eonflnued)
Year ended 31 August 2025
18. Analysis of charit*ble funds
Unrestrlcted funds
At
I Sep*mber
2024
At
31 August
2025
Income Expenditure
General funds
672.822
2,940,464 (3,409.789)
203,497
At
I September
2023
At
31 Au8USt
2024
Income Expenditure
General funds
616.954
3,178,106 (3.122,238)
672.822
Restricted funds
At
September
2024
At
31 August
2025
Incom¢ Expenditure
Restricted Fund
110.941
(110,941)
At
I September
2023
At
31 August
2024
In¢ome Expenditure
Restricted Fund
106,438
(106.438)
19. An*lysiJ of thet *88ets between funds
Unrestricted Tot41 Funds
Fund5
2025
T&rtgible fixed assets
Current assets
Creditors less than l year
Net assets
110,759
168,507
(75.769)
203,497
110,759
168,507
(75,769)
203,497
Unrestricted Total Funds
Funds
2024
Tangible fixed assels
Current assets
Creditors less than l year
Net assets
136.174
602.065
(65.417)
672,822
136,174
602.065
(65,417)
672.822
20-

Beth Jacob Grammar School for Girls Limited
Company Limited by Guarantee
Notes to the Financial Statements (¢ondnMdJ
Year ended 31 August 2025
20. Financial instruments
The ¢anying avnount for ea¢h cat¢gory of financial instrument is as follows..
2025
2024
FillanclAI assets that are debt iDJtruments measllred at amortlyed eost
Financial ass¢ts that are debt instruments measured at amortised
cost
155,663
589,496
FIDanci&l liabilities meAsured at fair vwlue through income expeDdl¢ure
Financial liabilities measured ai fair value through incom¢ and
exp¢nditure
75,769
65,417
21. Analysls ofcbinges in net debt
At
At I Sep 2024 Cash flows 31 Aug 2025
Cash at bank and in hand
585.116
(434,887)
150229
22. Related partie8
During the year the Charity received £400,000 (2024.. £400,000) as donv4tions toivards the General
Fund including the use of its premises rent free (market value rent of £400,000) from Mayfair
Charitie5 Limited, a company of which Mr B S E Freshwater (a Governor of this Charity) is a
Gov¢rnor. It also received £1,650.000 (2024.. £1.980,000) as donations towards the Generdl Fund
from The Raph￿1 Freshwater M¢morial Association Limited, a company of which Mr B S E
Freshwater is a Governor.
21-