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|Reference and Administrative|Reference and Administrative|Details ofthe Company,|its Trustees and Advisers||
|---|---|---|---|---|
|Trustees' Report||||2-5|
|Independent<br>Auditor's|Report|on the Financial Statements||6-9|
|Statement of Fmancial|Activities|||10|
|Balance Sheet|||||
|Statement ofCash Flows||||12|
|Notes to the Financial|Statements|||13-29|





## 

|Trustees|||Mr H Sunada (resigned|25 March 2022)|25 March 2022)|||
|---|---|---|---|---|---|---|---|
||||Mr N Nishida<br>(resigned|1|March 2023)|||
||||Mr TYamana (resigned|1 April 2022)||||
||||Mr T'Aoki (resigned 19April 2022)|||||
||||Mr KYokomaku<br>(resigned||1 April 2022)|||
||||Mr KNakarnura<br>(resigned||8December 2022)|||
||||Mr K Nakamura|||||
||||Mr F Serizawa|||||
||||Mr H Mishirna|||||
||||Mr Y Katayama<br>(resigned||1 April 2022)|||
||||Mr k Uehara (resigned|20April 2022)||||
||||Mr H Ishiyama<br>(resigned||1 April 2022)|||
||||Mr I Nakarnura<br>(appointed||1 April 2022, resigned|8December 2022)||
||||Mr ATakada (appointed|1 April 2022, resigned 8 December 2022)||||
||||Ms SUsda (appointed 25 March 2022, resigned|||8|December 2022)|
||||Mr S Kuwata (appointed|8December 2022)||||
||||Mr TMorita (appointed<br>8||December 2022, resigned 10April 2023)|||
||||Mr D Mototani (appointed||19April 2022)|||
||||Mr KOzeki (appointed<br>8December 2022)|||||
||||Mr M Sato (appointed<br>1|April 2022)||||
||||Mr TSazaki (appointed|1|April 2022)|||
||||Mr SToda (appointed<br>8|December 2022, resigned|||1 April 2023)|
||||Ms YTsujirnura-Higaki<br>(appointed<br>1 June 2023)|||||
||||MrS Kato (appointed<br>10April 2023)|||||
||||Mr F Suzuki (appointed|1|April 2023)|||
||||Mr RTakaki (appointed|1|March 2023, resigned|1|June 2023)|
||||Mr J Otake (appointed 20||April 2023)|||
|Company|registered|||||||
|number|||01263742|||||
|Charity registered||||||||
|number|||271665|||||
|Registered||office|87 Creffteld Road|||||
||||London|||||
||||W3 9PU|||||
|Company|secretary||Mr KOkamoto|||||
|Independent||auditor|Haslers|||||
||||Chartered Accountants|||||
||||Old Station Road|||||
||||Loughton|||||
||||Essex|||||
||||IG104PL|||||





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|||||||As restated|
|---|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|Total|
||||funds|funds|funds|funds|
||||2022|2022|2022|2021|
|||Note|||||
|Income from:|||||||
|Donations<br>and legacies||3|1,194,686|414|1,196,000|f,f66,808|
|Charitable<br>activities||4|103,860|2,261,125|2,364,98S|2,f53,444|
|Investments||5||10,051|10,061|f82|
|Total income|||1,298,446|2,271,590|3,570,036|3,320,434|
|Expenditure<br>on:|||||||
|Charitable<br>activities|||1,288,721|1,976,165|3,264,886|3,32$,610|
|Total expenditure|||1,288,721|1,976,166|3,264,886|3,321,610|
|Net movement<br>in funds before other|||||||
|recognised<br>gains|||9,725|29S,425|305,150|(1,$76)|
|Other recognised|gains:||||||
|Gains on revaluation|offixed assets|||||8,038,667|
|Net movement<br>in funds|||9,726|295,425|305,150|8,037,491|
|Reconciliation offunds:|||||||
|Total funds brought|forward|||13,466,331|13,455,331|5,417,840|
|Net movement<br>in funds|||9,726|296,425|305,150|8,037,491|
|Total funds carried forward|||9,726|13,750,756|13,760,481|f3,455,33f|





## 

|||||||As resfafed|
|---|---|---|---|---|---|---|
|||||2022||2021|
|||Note|||||
|Fixed assets|||||||
|Tangible assets||||8,606,297||8,377,264|
|Investment<br>property||||3,250,000||3,250,000|
|||||11,856,297||11,627,264|
|Current assets|||||||
|Debtors|||264,902||248,830||
|Cash at bank and in hand|||2,164,425||2,086,022||
||||2,429,327||2,334,852||
|Creditors: amounts|falling due within one||||||
|year||13|(445,648)||(438,745)||
|Net current assets||||1,983,679||1,896,107|
|Total assets less current liabilities||||'I3,839,976||13,523,371|
|Provisions<br>for liabilities||||P9,495)||(68,040)|
|Total net assets||||13,760,481||13,455,331|
|Charity funds|||||||
|Restricted funds||16||9,725|||
|Unrestricted<br>funds||16||13,750,756||13,455,331|
|Total funds||||13,760,481||13,455,331|





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||||||As restated|
|---|---|---|---|---|---|
|||Restricted|Unrestricted|Total|Total|
|||funds|funds|funds|funds|
|||2022<br>f|2022|2022|2021|
|Donations||||414|3,107|
|Government|grants|1,194,586||1,194,586|1,163,701|
|||1,194,586|414|1,195,000|1,166,808|
|Total 2021|as restated|1,163,701|3,107|'l,166,808||



## 

||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2021|
||||E||
|Fee income||2,157,222|2,157,222|2,006,848|
|Other income||15,835|15,835|1,341|
|Rental income||59,171|59,171|64,650|
|Bus income||103,860|103,860|58,910|
|School Trip income||28,897|28,897|21,695|
||103,860|2,261,125|2,364,985|2,153,444|
|Total 2021|335,792|1,817,652|2,153,444||





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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2022|2022|2021|
|Bank|interest|10,051|10,051|f82|
|Total|2021|i82|182||



## 

|||Activities|||As restated|
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2022|2022f|2022<br>F|2021<br>E|
|Educational|operations|2,164,297|1,100,590|3,254,887|3,321,670|
|Total 202$|as restated|2, l72,340|7,209,270|3,321,610||





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|||||As restated|
|---|---|---|---|---|
||||Total|Total|
||||funds|funds|
||||2022|2021|
|Staff costs|||1,862,309|1,846,173|
|Educational|supplies|8 stationary|99,721|101,751|
|Healthcare|||34,147|30,724|
|School events|||8,856|5,061|
|Travel|||22,038|15,165|
|Carriage|||14,193|22,016|
|School Trips|||28,898|21,695|
|Bus fees|||94,135|69,755|
||||2,164,297|2,112,340|





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||||||As restated|
|---|---|---|---|---|---|
|||||Total|Tata/|
|||||funds|funds|
|||||2022|202$|
|Staffcosts||||319,735|317,664|
|Depreciation||||81,695|187,928|
|Equipment||leasing and rent||110,712|92,626|
|Maintenance||||147,524|$93,639|
|Sundry Expenses||||47,722|$9,975|
|Professional||Fees||68,299|68,215|
|Security||||52,560|43,676|
|Audit Fee||||16,230|$4,382|
|Light, heat|and water|||65,001|72,367|
|Cleaning||||34,649|35,666|
|Insurance||||48,800|3O,8OO|
|Rates||||21,136|3$,119|
|Postage 8|Telephone|||85,674|$00, 'f62|
|Entertainment||||212|7/|
|Food||||641|974|
|||||1,100,590|f,209,270|
|Auditor's|remuneration|||||
|||||2022|202$|
|Fees payable tothe Company's|||auditor for the audit ofthe Company's|||
|annual accounts||||19,000|f8,552|





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|Staffcosts||||||
|---|---|---|---|---|---|
||||||As restated|
|||||2022|2021|
||||||Z|
|Wages and|salaries|||1,885,172|1,86f,679|
|Social security costs||||208,521|2f3,f75|
|Contribution|to defined|contribution|pension schemes|88,351|88,984|
|||||2,182,044|2,f63,838|



||2022|202$|
|---|---|---|
||No.|No.|
|Leadership||f|
|Teachers|86|86|
|Admin staff|7|8|
||94|95|



|2022|2027|
|---|---|
|No.|No.|



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||Freehold|Office|Freehold||
|---|---|---|---|---|
||property|equipment|improvements<br>f.|Total|
|Cost or valuation|||||
|At 1January2022|8,250,000|1,730,762||9,980,762|
|Additions||5,728|304,999|310,727|
|Disposais||(1,514,955)||(1,514,955)|
|At 31December 2022|8,250,000|22'I,535|304,999|8,776,534|
|Depreciation|||||
|At 1 January2022||1,603,498||1,603,498|
|Charge for the year|37,000|42,153|2,542|81,695|
|On disposals||(1,514,955)||(1,514,955)|
|At 31 December 2022|37,000|130,696|2,542|170,238|
|Net book value|||||
|At 31 December 2022|8,213,000|90,839|302,457|8,606,296|
|At3fDecember 202$|8,250,000|127,264||8,377,264|



|2022|2021|
|---|---|
|K||
|3,312,689|3,46$,333|





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||Freehold|
|---|---|
||investment|
||property|
|Valuation||
|At 1January 2022|3,250,000|
|At 31 December 2022|3,250,000|



## 

|||2022|202$|
|---|---|---|---|
|Due within one year||||
|Other debtors||2,987|8ff|
|Prepayments|and accrued income|39,961|65,342|
|Grants receivable||221,954|f82,677|
|||264,902|248,830|





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||||||||Baiance at|
|---|---|---|---|---|---|---|---|
||Baiance at|1|||||31|
||January||||Transfers|Gains/|December|
||2022<br>f.||Income<br>E|Expenditure<br>f|in/out|(Losses)|2022f|
|Unrestricted||||||||
|funds||||||||
|General Funds|5,416,664||2,271,590|(1,976,165)|||5,712,089|
|Revaluation||||||||
|resefve|8,038,667||||||8,038,667|
||13,455,331||2,271,590|(1,976,165)|||13,750,756|
|Restricted funds||||||||
|Seconded staff|||910,527|(910,527)||||
|Aging Facility|||18,439|(18,439)||||
|Safety/Security||||||||
|Facilities|||19,784|(19,784)||||
|Security Staff||||||||
|Costs - Japanese||||||||
|School|||23,089|(23,089)||||
|Secudty Staff||||||||
|Costs - Saturday||||||||
|School|||12,114|(12,114)||||
|Teachers costs-||||||||
|Japanese School|||36,140|(36,140)||||
|Lecturers costs-||||||||
|Saturday School|||102,076|(102,076)||||
|School to be||||||||
|chosen project|||30,737|(30,737)||||
|Zaidan|||9,906|(9,906)||||
|Rent for Saturday||||||||
|School campus|||31,774|(31,774)||||
|Bus Fees|||103,860|(94,135)|||9,725|
||||1,298,446|(1,288,721)|||9,725|
|Total offunds|13~5,331||3,570,036|(3,264,886)|||13,760,481|





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|Statement offunds|- prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1January|As restated|As n.stated|Transfers|Gainsr|December|
||2021|Income|Expenditure|infout|(Losses)|2021|
|||||E||E|
|Unrestricted<br>funds|||||||
|General<br>Funds|5,417,840|2,091,165|(2,081,496)|(10,845)||5,416,664|
|Revaluation<br>reserve|||||8,038,667|8,038,667|
||5,417,840|2,091,165|(2,081,496)|(10,845)|8,038,667|13,455,331|
|Restricted funds|||||||
|Seconded staff||893,477|(893,477)||||
|Aging Facility|||||||
|Safety/Security|||||||
|Facilities||22,258|(22,258)||||
|Security Staff|||||||
|Costs - Japanese|||||||
|School||17,556|(17,556)||||
|Security Staff|||||||
|Costs - Saturday|||||||
|School||8,536|(8,536)||||
|Teachers costs-|||||||
|Japanese School||63,182|(63,182)||||
|Lecturers costs-|||||||
|Saturday School||135,605|(135,605)||||
|School to be|||||||
|chosen project|||||||
|Zaidan||6,136|(6,136)||||
|Rent for Saturday|||||||
|School campus||23,609|(23,609)||||
|Bus Fees||58,910|(69,755)|10,845|||
|||1,229,269|(1,240, 114)|10,845|||
|Total offunds|5,4l7,840|3,320,434|(3,321,610)||8,038,667|13,455,331|





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|||||Balance at|
|---|---|---|---|---|
||Balance at 1|||3'I|
||January|||December|
||2022|Income|Expenditure|2022|
|||K|||
|General funds|13,455,331|2,271,590|(1,976,165)|13,750,756|
|Restricted funds||1,298,446|(1,288,721)|9,725|
||13,455,331|3,570,036|&3,264,886)|13,760,481|



|Summary offund|s -prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||31|
||1January|As restated|As restated|Transfers|Gain@'|December|
||2021|income|Expenditure|inlout|(Losses)|2021|
|||E||E|||
|General funds|5,417,840|2,091,165|(2,081,496)|(10,845)|8,038,667|13,455,331|
|Restricted funds||1,229,269|(1,240,114)|10,845|||
||5,417,840|3,320,434|(3,321,610)||8,038,667|13,455,331|



## 

|Analysis|ofnet assets|between funds - current|year|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2022|2022<br>E|2022f|
|Tangible fixed assets||||8,606,297|8,606,297|
|Investment|property|||3,250,000|3,250,000|
|Current assets|||9,725|2,419,603|2+29,328|
|Creditors|due within one year|||(445,648)|(445,648)|
|Provisions|for liabilities|and charges||(79,495)|(79,495)|
|Total|||9,725|13,750,757|13,760,482|





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|Analysis|ofnet assets|between funds - prior y|ear|||
|---|---|---|---|---|---|
||||Endowment|Unrestricted|Total|
||||funds|funds|funds|
||||2021|202$|2021|
|Tangible fixed assets|||4,788,667|3,588,597|8,377,264|
|Investment|property||3,250,000||3,250,000|
|Current assets||||2,334,852|2,334,852|
|Creditors|due within one year|||(438,745)|(438,745)|
|Provisions|for liabilities|and charges||(68,040)|(68,040)|
||||8,038,667|5,476,664|/3,455,331|



|19.|Reconciliation<br>ofn|et movement|in fun|ds to|net|cash flow|from|operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2022|202$|
||Net<br>income/expenditure<br>for the<br>Activities)||year|(as|per|Statement|of|Financial|305,150|(f,f76)|
||Adjustments<br>for:||||||||||
||Depreciation<br>charges||||||||61,696|187,928|
||Dividends,<br>interests|and rents from|investments||||||(10,061)||
||Decrease/(increase)|in debtors|||||||(16,072)|133,435|
||Increase<br>in creditors||||||||18,357|249,117|
||Net cash provided|by operating|activities||||||379,079|569,304|
|20.|Analysis of cash and cash equivalents||||||||||
||||||||||2022|202$|
||Cash in hand||||||||2,164,425|2,086,022|
||Total cash and cash equivalents||||||||2,164,426|2,086,022|





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|non-ca|ncell|<br>able<br>operating leases as follows:|||
|---|---|---|---|---|
||||2022f|2021|
|Operating||leases which expire:|||
|Within|1 year||13,366|38,320|
|Within|2-5|years|2,253|f8,803|
||||15,619|57,723|



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