REGISTERED CHARITY NUMBER: 261341
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Moreah Teachers College
London Accounting Group Ltd
Moreah Teachers College
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 8 |
Moreah Teachers College
Report of the Trustees for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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 charity was formed for the advancement of the education and training of persons expressing the orthodox Jewish faith and advancement of orthodox Jewish faith.
Significant activities
There were no significant activities to report.
Volunteers
During the year the charity did not have any volunteers to help with the objective of the charity.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The trustees consider that the performance of the charity this year has been satisfactory. Funds have been granted to institutions during the period from rents received.
The Statement of Financial Activities shows total grants of £15,800 and the reserves stand at £758,712.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
261341
Principal address
Trustees
M Berger S Steinhaus (resigned 27.2.26) J Lewin Rabbi S Lederberger M Berger Mrs R Baddiel
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ M Berger - Trustee
Page 1
Moreah Teachers College
Statement of Financial Activities for the Year Ended 31 March 2025
| 31.3.25 | 31.3.24 | ||
|---|---|---|---|
| Unrestricted | |||
| funds | Total funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Investment income | 2 | 25,288 | 22,209 |
| EXPENDITURE ON | |||
| Raising funds | - | (1,440) | |
| Charitable activities | |||
| Donations made | |||
| 15,800 | 17,520 | ||
| Other | 5,289 | (3,900) | |
| Total | 21,089 | 12,180 | |
| Net gains on investments | 2,659 | 8,119 | |
| NET INCOME | 6,858 | 18,148 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 751,854 | 733,706 | |
| TOTAL FUNDS CARRIED FORWARD | 758,712 | 751,854 |
The notes form part of these financial statements
Page 2
Moreah Teachers College
Balance Sheet 31 March 2025
| 31.3.25 Unrestricted funds Notes £ FIXED ASSETS Investment property 5 290,460 CURRENT ASSETS Debtors 6 4,949 Investments 7 108,332 Cash at bank 365,469 478,750 CREDITORS Amounts falling due within one year 8 (10,498) NET CURRENT ASSETS 468,252 TOTAL ASSETS LESS CURRENT LIABILITIES 758,712 NET ASSETS 758,712 FUNDS 9 Unrestricted funds 758,712 TOTAL FUNDS 758,712 |
31.3.24 Total funds £ 290,460 3,576 105,673 361,869 471,118 (9,724) 461,394 751,854 751,854 751,854 751,854 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 3
Moreah Teachers College
Notes to the Financial Statements for the Year Ended 31 March 2025
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.
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.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.
Taxation
The charity is exempt from tax on its charitable activities.
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. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| Rents received Deposit account interest |
31.3.25 £ 20,015 5,273 25,288 |
31.3.24 £ 16,901 5,308 |
| 22,209 |
continued...
Page 4
Moreah Teachers College
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| funds | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Investment income | 22,209 |
| EXPENDITURE ON | |
| Raising funds | (1,440) |
| Charitable activities | |
| Donations made | |
| 17,520 | |
| Other | (3,900) |
| Total | 12,180 |
| Net gains on investments | 8,119 |
| NET INCOME | 18,148 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 733,706 |
| TOTAL FUNDS CARRIED FORWARD | 751,854 |
Page 5
continued...
Moreah Teachers College
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 5. INVESTMENT PROPERTY FAIR VALUE At 1 April 2024 and 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Agents Account Prepayments and accrued income 7. CURRENT ASSET INVESTMENTS Unlisted investments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Other creditors 9. MOVEMENT IN FUNDS At 1/4/24 £ Unrestricted funds General fund 751,854 TOTAL FUNDS 751,854 |
31.3.25 £ 2,119 1,605 1,225 4,949 31.3.25 £ 108,332 31.3.25 £ - 10,498 10,498 Net movement in funds £ 6,858 6,858 |
£ 290,460 |
£ 290,460 |
|
|---|---|---|---|---|
| 290,460 | ||||
| 290,460 | ||||
| 31.3.24 £ 22 2,329 1,225 3,576 31.3.24 £ 105,673 |
||||
| 31.3.24 £ 1 9,723 9,724 At 31/3/25 £ 758,712 758,712 |
31.3.24 £ 1 9,723 |
|||
| 9,724 | ||||
| 758,712 |
Page 6
continued...
Moreah Teachers College
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 25,288 | (21,089) | 2,659 | 6,858 |
| TOTAL FUNDS | 25,288 | (21,089) | 2,659 | 6,858 |
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | |||
| At 1/4/23 | in funds | At 31/3/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 733,706 | 18,148 | 751,854 |
| TOTAL FUNDS | 733,706 | 18,148 | 751,854 |
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 22,209 | (12,180) | 8,119 | 18,148 |
| TOTAL FUNDS | 22,209 | (12,180) | 8,119 | 18,148 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | |||
| At 1/4/23 | in funds | At 31/3/25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 733,706 | 25,006 | 758,712 |
| TOTAL FUNDS | 733,706 | 25,006 | 758,712 |
continued...
Page 7
Moreah Teachers College
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 47,497 | (33,269) | 10,778 | 25,006 |
| TOTAL FUNDS | 47,497 | (33,269) | 10,778 | 25,006 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
Page 8