ODEU9n Enwh)pe ID.. ODA75g34-27AD4C8e7D5-2s98ts8CAjEA CHARITY REGISTRATION NUMBER: 292611 YESODEY HATORAH NURSERY Flnanclal Ststements 31 December 2023 COHEN ARNOLD Chartered accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 OPU
DOCU9 Eftpa ID.. ODA75o34-27A04C8B7D5-2S9Bo8fjGA5EA YE80DEY HATORAH NURSERY Flnanclal Statements Yèar endod 31 December 2023 Pages 1to3 Trustees, annual report Independent auditor's report to the members Statement of financial activities 4t07 statement of financial position Statement of cash flows 10 Notes to the financlal statements 11to17
Docu*n Envdcs)e ID.. ODA75934-27A04CB87D5-2sp0D96CAfjEA YESODEY HATORAH NURSERY Trustees, Annual Report Year ended 31 December 2023 The trustees present their report and the financial statements of the charty for the year ended 31 December 2023. Refergnce and administratlve detalls Reglgtered charlty name YESODEY HATORAH NURSERY Charity reglstration number 292611 Prlnclpal office 2-4 Amhursl Park London N16 SAE The trustses Mrz Rabinowltt Mr S Sinitsky Cohen Arnold Chartered accountants & statutory auditor New Burlington House 1075 Finchley Road LONDON NW11 OPU Auditor 8tructurg, governance and management Yesodey Hatorah Nursery Is regislered wlth the Charlty Commlssion {Regi51ered Number 292611). Yesodey Hatorah Nursery Is governed by Its Trust Deed dated June 1984. It is not currently the inlentlon of the trustees of the charity to appoint new Irustees. Should the situation change in the future, the truste88 wlll apply suitable recruitment and training procedures. Risk Management The charity has assessed the major rlsks to which the charity Is exposed, in particular those to the operations and finances of the charlty, and is satisfled the systems are in place to manage its exposure to those rlsks. Objectlves and actlvltles The objectives of the charity are lo provlde chlldcare facillties for the under five year okls of the Orthodox Jewish Community regardless of sect, background and class struclur8 and especlally lo provide facilities for children of working mothers. The charty charges fees to parents but these can be waived In exceptional circumstances. The trustees confirm Iheir compliance wtth the duty to have due regard to the public benefrt guldance published by the Charity Commission when reviewlng the Charlty's aims and objectlves and In plannlng future activili8S.
Docuskjn En¥9pe ID.. ODA75934-27AD4C8047D5-2598036CA5EA YESODEY HATORAH NURSERY Trustees, Annual Report (tonlinvqd) Year ended 31 Decembar 2023 Achlevements and performance During the year the charity Continued with the provision of childcare facilities to the under five year olds ofthe Orthodox Jewish Community. The management committeè has successfully carried oul ils on responsibilities in the four key areas of Finance, Human Résourcès. Premises and Policylcurriculum. Thè sup8rvision of the Finance function is carried out by a member of the management commlttee and he has put direct controls in plac8. Flnanclal revlew Reserves policy It Is the policy of Ihe charlty to malntain unrestrlcted funds, whl¢h are the free reserve of the ¢harity, at a level which the Trustees think approprSate after considerlng the future commltments of the charity and the likely administrative costs of the charity for the next year. As at 31 December 2023 the charity had £580,898 Unrestri¢led Funds of which £559,429 was free reserves. Th8 remaining £21,489 was sitting in fixed assets. Investhient powers and pollcy Under Ihe Trust Deed, the charity has the power to mak8 any inv8Stm8nt, which the trustees S88 fil. The trustees regularly review the charity's posltion and n88ds in iespect of the investmènt pollcy. Plans for future perlods The charity wlll contlnue to provide childcare faclllties to the under flve year olds of the Orthodox JewSsh Community. Trustees, re3ponslbllltles 8totement The trustees are responsible for preparlng the trustees, rèport and the financi81 statements in accordance wrth applicable law and United Kingdom Accounting Standards (United Kingdom G8n8rally Accepted Accounting Pracllce). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of thè state of affairs of the charity and of the incoming resources and applicatSon of resources, of tha charity for that perlod. In preparing Ihese financial slatements, the trustees are required to.. select suftable accountlng pollcies and then apply them consistently., observe the methods arKI principles in the applicable Charities SORP., make Judgments and accounllng estimates that are reasonable and prudent; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in business.
DOGu9n Envelope ID.. ODA7593<27AIHC8D-87D&2598038CA5EA YESODEY HATORAH NURSERY Trustees. Annual Report (conthuodj Year ended 31 December 2023 The trustees are responsible for keeping 8dequate 8ccounllng records that are sufficient to show and explain Ihe charity's transactions and disclose with reasonable accuracy at any time the financial posilion of the charity and enable them to ensure that the financial slalements comp4y with the Charities Act 2011, the applicable Charities {Ac¢ounts and Reports) RegulatKJns, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity arKI hence for tsking reasonab16 Steps for the preventlon and detection of fraud and other Irregularities. Thè trustees, 8nnual report was approved on 30 Odober 2024 and signed on behalf of the board of trustees by.. 1830AEC&AC124U.. Mr S Slnltsky Truste8
DOoJ5 Envelopg ID.. ODA7692TAD4C8o-67Ds-2S9803ScAsEA YESODEY HATORAH NURSERY Independent Auditor's Roport to the Members of YESODEY HATORAH NURSERY Year ended 31 December 2023 Oplnlon We have audited the financial statements of Yesodey Halorah Nursery {Ihe 'charily'l for Ihe year énded 31 December2023 whiGh Comprise the statement of financial activities, slalement of financial posilion, statement of cash flows and the related notes, including a summary of significant accountlng policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting 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 statements,, give a true 8nd fair view of the slate of the charity's affairs as at 31 December 2023 and of Its incoming resources and application of resources, including Its Income and expenditure, for the year then ended., havè been properly prepared In accordance with United Kingdom Generally Accepted Accounting Practice., have been prepared in accordance wSth the requirements of th8 Charities Act 2011. Bas1$ for oplnlon We conducted our audit in accordance with International Standards on AudStlng {UKI1SSAs (UK)) and applicable law. Our responsSbiliti&s under those standards are further described in the auditor's responsibllllies for the audit of ltte financlal statements section of our report. We are Independent of the charity In aocordance wlth the ethical requirements that ar8 relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained Is sufficient and appropriate to provide basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have Concluded that the trustees, usè of the going concem basls of a¢¢ounting In the preparatlon of the financial statements Is appropriat8. 8ased on the work we havè performed. we h8v& not idontifled any material uncertainties relating to events or conditions that, Individually or collectively, may cast significant doubt on the charity's ability to continue as a going coneern for a period of at least e1ve months from when thè financial statements are authorised for issue. Our iesponsibilities and thè responsibilities of the trustees with respect to going concern ar8 desGribed in the relevant sections of this report.
Docusign Enwlope ID.. QDA75g3447AD4c870S-259SQ36cAsEA YESODEY HATORAH NURSERY Independent Audltorfs Report to the Memb8rs of YESODEY HATORAH NURSERY (conlinuwll Year ended 31 December 2023 Other infomiation The other informalion comprises the infomiation included In the annual report, other than the financial statemenls and our auditor's report thereon. The trustees are responsible for the other infomiatlon. Our opinlon on the financlal statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any fomi of assurance conclusion thereon. In connection wlth our audit of tha financial statemenls, our responsibility is to read the olher infomation and, In doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained In the audR or othefwisg appears to be materially misstated. If wè idenlty such material in¢onsisler)cies or apparent material misstatements, we are required lo determine whether there is a material misstatement in the financial statements or a materlal misstatement of the other information. If, based on the work we have performed, we conclude that th8r8 Is a material misstalèment of this other Information, we are required to r8POrt Ih8t fact. We have nothing to report in thls regard. Mattor8 on whlch we are requlred to report by excgptlon In the Ilghl of the knowledge and understanding of the charlty and Ils envlronment oblalned in the course of the audit, we have not identified material misstatements In the trustees, report. We have nothing lo report in respect of the following matters in relatlon to which the Charities Act 2011 requires us to report to you rf, In our opinion.. Ihe Infomiatlon gwen In the truslees, report Is Inconslstent in any material respect with the financlal statements., or adequale accounting records have not been kept,. or the financlal statements are not In 8greem8nt th the a¢countlng records and returns; or we h8ve not recefved all the informatlon and explanats'ons we require for our audlt. Responslbllltleg of trustees As explalned more fully In the trustèes, responsiblllties statement, the trustees are responsSble for the preparation of the financial statements and for belng satisfied that they gfve a Irue and fair view. and for such internal control as the trustees determine is necessary to enable the preparallon of flnancial stalemenls that are free from material misstatement, whether due to fraud or error. In preparlng the finan¢lal statements. the trustees are responsible for assesslng the charrty's ability to continue as a golng concern, disclosing, as applicable, matters related to golng concern and using the going concern basis of accounting unless the trustees eilher intend to liquidate the charity or to cease operations, or have no realistlc alternative but to do so.
tknjwgn EnvBlopp ID.. ODA7S934-27ANc887DS-2Sg8o2ecASEA YESODEY HATORAH NURSERY Independent Audltorfs Report to the Members of YESODEY HATORAH NURSERY (¢ontlnuod) Year ended 31 December 2023 AuditOT'S responslbllltles for the audlt of the financial ststements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole ar8 free from material misstatement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonab18 assurance is a high level of assurancè, but Is not a guarantee that an audit ¢onduoted in accordanc8 Wlth ISAS {UK) will aayS detect a material misstatement when it exists. Misstatemenls can arise from fraud or error and are considered material If, individually or In the aggregate, they could reasonably bè expecled to influencé the economic declslon8 of users taken on the basls of these financlal ststements. Irregularities, includlng fraud, are Instances of non-compllance with laws and regulations. We design procedures In Ilne with our responslbllllies, outlined above, to detect m8lerlal misstatements in resp8ct of irregularities, including ftaud. The extenl to whlch our procedures are capable of detecting irregularities, Including fraud is detailed below.. We obtained an understanding of the legal and régulatory frameworks that are applicable to the charlty through discusslon wlth the trustees and Identified financial reporting legislation and charity legi81ation as being most slgnificanl lo these financial statements. We communicatèd thése Identified frameworks amongst our audit team and remained alert to any Indlcations of non-compliance throughout the audit. Wé ensured that the engagement team had sufficient competence and capability to Idenllfy or recognise non-compllance wrth th8 laws and regulations. We discussed with the trustees the policies and procedures regardlng compllance with these legal and regulatory frameworks. We assessed the susceptibility of the charity's financial statements to materlal mlsstatemenl due lo non-complSance with legal and regulatory frameworks, Including how fraud might occur. by enquiry with the trustees during the planning and finallsalion phases s18ges of our audit, The susceptibility to such material misstatement was delemiined to be low. Based on this underslgndlng, we designed our audit procedures to Sdentfy non-compliance with the identrfied legal and regulatory frameworks, whlch were part of our PfOC8dures on the related financial statement rtems. As part of an audit In accordance with TSAS (UKI, we exerclse professional Judgment and malnlaln professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is SLrfficienl and approprlate to providé a basis for our opinion. The risk of not detecting a malerlal mlsslalement resulting from fraud Is higher than for one resulting from error, as fraud may involve colluslon, forgery, intentional omissions, misrepr8S8ntalions, or the override of internal control. Obtain an understanding of internal contro5 relevant to the aLKlit in order to design audit procedures that are appropriate In the circumstances, but not for the purpose of expressing an oplnion on the effectiveness of the internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosurès made by the trustees.
DoGU9n En¥elope ID.. ODA7s934Q7AD4c8D-87259s036cASEA YESODEY HATORAH NURSERY Independent Audltor's Report to the Members of YESODEY HATORAH NURSERY {contlnuod) Year ènded 31 December 2023 Conclude on the appropriateness of Ihe trusteès, use of the going concern basis of accounting and. based on the audil evidence obtained. whether a material uncertainty exists related to evenls or conditions that may casl signfficant doubt on the charity's ability to continue as a going concern. If w8 conclude that a material uncertainty exists, we are required to draw attentlon in our auditor's report to the related disdo8ures in the financial statements or, rf such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the dat8 of our auditor's report. However, future events or conditions may cause the charily to cease to conlinue as a going concern. Evaluate the overall presentatlon, structure and content of the financlal statements, including the di5closure8, and wh&lher the financlal slalements r6present the underlying transactions and events in a manner that achieves falr presentatlon. We communicate wlth those Charged with governance regarding, among other matters, the planned scope and tlming of Ihe audrt and signfficant audit findings, includlng any slgnificant deficien¢ie$ In internal control that we Identfy during our audit. Use of our report This report is made solely to the Gharily's members, as a body, In accordan¢8 wlth sectlon 144 of the Charities Act 2011 and règulalions made under section 154 of that Act. Our audit work has been undertaken so that we might state lo Ihe charity's members those malleTS we are requlred to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responslbllity to anyon8 Other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have fomied. by.. BU91YA4&tseDIW. Cohen Arnold Chartered accountsnts & st81utory auditor New Burlington House 1075 Fin¢hley Road LONDON NW11 OPU 31 October 2023
Do¢usPJTh En%*low ID.. oDA75934-27ANC887D&2558O36cAsEA YESODEY HATORAH NURSERY Statsment of Flnanclal Actlvltles Year ended 31 D8cember 2023 2023 Unrestricted funds Total funds Total funds 2022 Income and endOrynents Charitable aclivities Other income 4 1,492,272 1,492,272 1,535,167 10,759 10,759 7,029 1,503,031 1,503,031 1,542,196 Total Income Expendlture Expenditure on charitable 8cllvltles Total expendlture 6,7 1,491,673 1,491,873 1.457,127 1,491,673 1,491,673 1,457,127 Net Income and nat movement In funds 11,358 11,358 85,069 Reconclllatlon of funds Tolal funds brought forward Totsl funds carrled forward 569,540 580,898 669,640 680,898 484,471 569,540 Thé statement of financial activitles includes all galns and losses recognised In the year. All income and expenditure derive from continuing activities. Thg notes on pages 11 to 17 fomi part of the6• financlal Statements.
DorJJ$ign Envolope ID.. Q0A75934-27A04C8D47-26O036GASEA YESODEY HATORAH NURSERY statement of FSnanclal Position 31 December 2023 2023 2022 Not• Flxed assets Tangible fixed assets Current assets Debtors Cash at bank and in hand 12 21,469 28,625 13 613,180 7,630 620,810 556,188 7.670 563.858 Crodltor3: amounts falling due wlthin one year Net current assets 16 61,381 22,943 540,915 569,540 569,540 659,429 680.898 680,898 Total assets 1988 eufront Ilabllldes Net 888ets Funds of the charlty Unrestrlcted funds 680,898 680,898 569,540 569,540 Totsl charlty funds 17 These fln8nclal statements were approved by the board of trustees and authorfsed for Issue on 31 Odober 2023, and ar8 81gned on behalf of the board by: Mr S Slnltsky Trustee Th• notss on pages 11 10 17 fomi part of th•8• financlal ststements.
Dow8ign Envglopg ID.. ODA759W27AD4C8N87DS-2598036CA5EA YESODEY HATORAH NURSERY ststement of Cash Flows Yaar ended 31 December 2023 2023 2022 Not• Cash flows from operatlng actlvltles Net Income 11,358 85,069 Adjustments for Depreciation of tangible fixed assets Interest payable and similar charges Accrued expenses Changes in.. Trade and other debtors Trade and other creditors 7,166 49 1,800 9,558 195 {46,2331 1145,802) 29,110 671 3,240 (50,309) {49) {195) (10,759) (7,029) (7,568) 157,533) Cash generated from operatlon$ Interesl paid Interest recelved Net ca6h used in operatlng actlvities Cash flow8 from Investlng actlvltle8 Purchase of tanglble 8$sets N8t cash used in invesling actlvities (11,740) (11,740) Net de¢rea80 In cash and cash oqulvalents Cash and cash equlvalents at beglnnlng of year Cash and Cash equlvalents at end ol year (7,588) (69,273) 1213) 69,060 (7,781) {213) 14 Thg nots$ on w9e¥ 11 to 17 form part of th050 financial 8tatemeThts. 10-
Docu*gn Envelope ID.. ODA76934-27Afk4C8D-87DS-25D8036CA5EA YESODEY HATORAH NURSERY Notes to the Flnanclal Statements Year ended 31 December 2023 Genoral Infomiation The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the princlpal office is 24 Amhurst Park, London, N16 5AE. Statement of compllance 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 Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (Charlties SORP {FRS 102)) and the Charities Act 2011. Ac¢ountlng poll¢le8 Basls of preparatlon The financlal statements have been prepared on the hlstorScal cost basls, as modlfied by the r8valuation of ¢ertain financlal assels and liabllities and investment properties measured at falr value through income or expenditure. The financSal slatemenls are prepared In 5t8rllng, which Is the functional currency of the entity. Golng concern There are no material uncertaintles regarding the charitys abS1ity to ¢ontlnue. Judgements and key sources of osllmatlon uncertalnty The preparation of the flnancial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These éstlmales and Judgements are continually revlewed and are based on experlence and other factors. Including exp8Ctations of future events that are believed to be reasonable under the clrcumstances. Judgements made by the directors in the application of thes8 accountiw pollcies that have significant effect on the financial statements and estimates wlth a significant risk of material adjustment in the next year are ag follows.. (i} Trade and other debtors Management uses details of the age of trade and other debtors and the status of any disputes together with external evidence of Ihe credit status of the counterparty In making judgements Concernlng any need to impair the carrylng value. Fund accountlng General unrestricted funds comprise the accumulated surplus or deficit on income and expenditure account. They are available for use at the discretlon of the Trustees in furtherance of the general objectlV8s of the Charity. Restrict8d funds are fvnds sublect to speciflc restricted conditions imposed by diorS. There are no restricted funds as at the Balance Sheet date. Designated funds are funds which have been set aside al the discretion of the Trustees for specific purposes. There are no deslgnated funds as at the Balance Sheet date. 11
Docustqn En%Elope ID.. ODA70B34-27A04C8D-87D5-2596036CA6EA ESODEY HATORAH NURSERY Notes to the Flnancial Statements {eonllnuedJ Year ended 31 December 2023 Accounting policiès (contlnufrd) Incomlng resources l incoming resources are included in the statement of financial activities when entitlement has passed to the charity,. it is probable thal the economic benefits associated wrth the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of In¢om8.' Income from donallons or grants is recognised when there is evidence of entitlement to th8 grft, rec6lpt is probable and its amount can be measured reliably. legacy income 18 re¢ogni8ed when receipt is probable and entitlement Is established. incomè from donat8d goods is measured at the fair value of the goods unléss this 18 impractical to measure reliably, In whlch case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and Services ar8 recognised in the 8c¢ounls when received if the valuè can be rellably measured. No amounts are included for the contribullon of gener81 volunteers. incom8 from contracts for the Supply of services is recognised with the dèlivery of the contracted service. This is classlfied as unrestricted funds unléss there is a contractual requirement for it lo be spent on a particular purpose and returned if unspent, in which case It may be regarded as restricted. R080ur¢e$ exnded ni Liabilities are recognSsed as soon as there is a leg81 or constructlve obllgatlon committing the Charity to pay out resources. vernan Include costs of the preparatlon and examination of Statutory Accounts, the costs of trustee meetings and Cost of any lègal advice to Trustees on governanc8 or constitutional matters. an These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant whlch remain in Ihe control of the charty. Tanglblo assets All fixed assets are initially recorded at cost. Depreclatlon Depreclation Is calculated so as to write off the cost or valuatlon of an asset, less its resldual value, over the useful economic life of that asset as follows: Leasehold Improvements 250/0 slralghl line FSxtures & Fittlngs 254/0 reducing balance Equipment 250/0 reducing balance Portacabin 20Q/o Stralght Ilne 12-
Do9n Envelope ID.. ODA75934.27AD4C8D47D5-2598O3ecA5EA YESODEY HATORAH NURSERY Notes to the Flnancial Statsments (¢ontlnuod) Year ended 31 December 2023 Accounting policies (conllnu¢dJ Impalmient of flxed assets A review for indicators of impalrment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where Ihe carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the r8coverabl8 amount of an individual asset, an estimate Is made of the recoverable amount of th8 cash-g8nerating unlt to which the asset belongs. The cash-generating unil is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For Impairment t6Sting of goodwill, the goodwill acqulred in a business combination is, from the acqulsltion date, allocated to each of the cash-generaling units that are expecled to benefit from the synergies of the comblnalion, irrespective of whether olher assets or Ilabllities of the ¢h8rtty are as51gned to those units. Flnanclal Instruments A flnanclal asset or a financial liabllity is recognised only when the enlity becomes party to th8 contractual provlsions of the Inslrumènt. Basi¢ flnancial instruments are inltlally recognised at the amount receivable or. paable Including any related transaction costs, unless the arrangement constitutes a financing transaction, where il Is recognised at the present value of the fvtur8 payments discounted at a market rate of Interest for a similar debt instrumenl. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt Instruments ar8 subsequently measured at amortised cosl. Deflned contrlbutlon plan8 Contrlbutlons to defined ntrIbUtIOn plans are recognised as an expense in the p8riod in whi¢h the related service is provided. Prepaid contributions are recognlsed as an asset to the extent Ihat the prep8yment will lead to a reduGtion In future payments or cash refund. When contributlons are not exp8Cted to b8 settled wholly wilhln 12 months of the end of the reporting date in which the employees render the related s8Nice, the liability Is measured on a discounted present value basls. The unwinding of the discount is recognised as an expense in Ihe period in which it arises. CharSlable actlvltle8 Unrestrlcted Totsl Funds Unrestricted Total Funds Funds 2023 Funds 2022 statutory grants Parental contrfbutions 648,331 648,331 690,621 690.621 843,941 843,941 844,546 844.546 1,492.272 1,492,272 1,535,167 1,535,167 13.
DOCU9 Enlope ID.. QDA75927AD4G887D2s98O86cASEA YESODEY HATORAH NURSERY Notes to the Flnanclal Statements {¢ondnu8dJ Yèar ended 31 December 2023 Oth8r income Unrestricted Total Fund8 Unrestricted Total Funds Funds 2023 Funds 2022 Other income 10,759 10,759 7,029 7,029 Expendlture on charltable acllvltles by fund type Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Chlldcare for under flve year olds Support Costs 1,477,973 1,477,973 1,449,327 1,449,327 13.700 13,700 7,800 7,800 1,491,673 1,491.673 1,457,127 1,457,127 7. Expendlture on charitable a¢tlvlt108 by actlvlty type Activities undertaken directly Support Total funds Tot81 fund costs 2023 2022 Childcare for under five year olds Governance costs 1,477,973 1,477,973 1,449,327 13,700 13,700 7,800 13,700 1,491,673 1,457,127 1,477,973 Net Income Net income Is 8tat6d after ch8rgingl{creditlng)'. 2023 2022 Depreciation of tanglble fixed assets 7.156 9,558 AudStOrn femuneratlon 2023 2022 Fee8 payable for the audlt of the financial statements 7,200 7,200 10. Staff costs The total staff Gosts and employ80 bonefrts for the reporting perlod are analysed as follows.. 2023 2022 Wages and salaries Social securlty costs Employer contributions to pension plans 838,871 1,848 1,182 841,901 767,891 1,347 1,240 770,478 14-
Docuslgn Envew ID.. oDA759W27AD4C88?DS-2598036eASEA YESODEY HATORAH NURSERY Notes to the Flnanclal Statements (eontlnu8dJ Year ended 31 December 2023 10. Staff costs (contlnuod) The average head count of employees during the year was 125 {2022'. 120). No employee received employee benefits of more th8n £60,000 during the year {2022.' Nil). 11. Trustee remuneratlon and expen8e8 The trustè8s did not rec61ve any emoluments from th8 Charity durlng the year nor in the previous year. The Charity has not mèt Individual expenses incurred by Truslees on behalf of the Charty. 12. Tanglble flxèd assets Land and Flxtures and buildings fittings Equipment Portacabin Total Cost At 1 January 2023 and 31 Decèmber 2023 41,000 281,660 56.099 145,767 624,626 DepreGlatlon At 1 January 2023 Charge for the year At 31 December 2023 41,OCIl 253,036 7,158 56,098 145,767 495,901 7,156 41,000 260,192 56,098 145,767 503,057 Carrylng amount At 31 DgGembor 2023 At 31 Oec8mber 2022 21,468 28,624 21.469 28,625 13. Debtors 2023 2022 Prepayrnent3 and accrued Income Other debtors 17,788 695,392 613,180 7,029 Y9.159 556,188 14. Cash and cash equlvalents Cash 8nd cash equivalents compnse the following: 2023 2022 Cash 8t bank and Sn hand Bank overdrafts 7,630 115,411) 17,7811 7,670 (7,883) (213) 15-
DOcu5n Envelope ID.. ODA75934-27A04C8N705_259e038CA5EA YES.O.DEY. H&EORAH NURSERY Notes to the Flnanclal Statements (contlnue Year ended 31 December 2023 15. Credttors: amounts falling due within one year 2023 2022 Bank loans and overdrafts Tr8de creditors Accruals and deferred Income Social security and other taxes Othér creditors 15,411 12,977 9,000 6,226 17,767 61,381 7,883 5,557 7.200 1.829 474 22,943 16. Pen8lon8 and other post ratlremènt bénéfits Deflnèd contrlbutlon plang The amunt recognised in Income or exp6nditur8 as an expense in relation to defined contribution plans was £1,182 {2022.' £1,240). 17. Analysls of ¢harltable funds Unrestrlcled funds At 1 January 2023 At31 Dgcember 2023 Income Expendltu General fvnds 569,540 1,503,031 (1,491,673) 580,898 At 1 January 2022 At31 t)Rcember 2022 Income Expenditure General fund8 484,471 1,542,196 {1,457,127> 569,540 18. Analy819 of net a8$etg between funds Unrestricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 21,469 21,469 620,810 620,810 161,381) 161,381} 580,898 680,898 Unrestricted Total Fund8 Funds 2022 Tangible red assats Cuent assets Creditors less than 1 year Net assets 28,625 28,625 563,858 563,858 (22,943) (22,943) 569,540 569,540 16.
u8&n En¥*lope ITr. ODA75934-27AD4C8047D&2598036CA5EA YESODEY HATORAH NURSERY Notes to tho Flnanclal Statements (conllnu8d) Year ended 31 December 2023 19. Analysis of changes In net debt At At 1 Jan 2023 Cash flows 31 Dec 2023 Cash at bank and In hand Bank overdrafts 7,670 (7,883) (213) (401 7,630 (7,528) (15,411) (7,568) {7,7811 20. Related partles There were no related party transactlons durlng the perfod under revlew. 17.