2025-03-31-accounts

REGISTERED REGISTERED CHARITY CHARITY NUMBER: NUMBER: 515009 515009

BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

REPORT REPORT OF OF THE THE TRUSTEES[TRUSTEES] AND AND FINANCIAL STATEMENTS FINANCIAL STATEMENTS FOR FOR THE YEAR THE YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

INDEX INDEX TO TO THE THE FINANCIAL[FINANCIAL] STATEMENTS[STATEMENTS] FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

	Page Page
Legal and Administrative Details Legal and Administrative Details	1 1
Trustees' Report Trustees’ Report	2-4 2-4
Independent Examiner's Report Independent Examiner’s Report	5 5
Statementof Financial Activities Statement of Financial Activities	6 6
Balance Sheet Balance Sheet	7 7
Notes to the Financial Statements NotestotheFinancialStatements	8-9 8-9

BETH BETH HATALMUD HATALMUD[SCHOLARSHIP] SCHOLARSHIP FUND FUND

LEGAL LEGAL AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS AT AT 31[31] MARCH MARCH 2025 2025

Trustees Trustees

M. M. Bodner Bodner A. A. Gluck Gluck B. B. Joseph Joseph

Other Other[Officers] Officers

Principal: Principal: Rabbi Rabbi S[S] Steinhaus Steinhaus

Address Address

1 1 Ashgrove Ashgrove Terrace Terrace Gateshead Gateshead

Tyne Tyne and and Wear Wear NE8 NE-8 IRL 1RL

Legal Legal Status Status

The The charity charity was was established established by[by] constitution constitution dated[dated][21] 21[February] February 1984 1984 and and is[is][registered] registered[with] with the the Charities[Charities] Commission Commission — — Registration Registration Number Number 515009. 515009.

Independent Independent Examiner Examiner

Atkinsons Atkinsons Bloom Bloom Mayer Mayer Mistral Mistral House House Flamingo Flamingo Way Way Silverlink Silverlink Business[Business][Park] Park Wallsend Wallsend Newcastle-upon-Tyne Newcastle-upon-Tyne NE28 NE28 9NX[9NX]

Bankers Bankers

Lloyds Lloyds Bank Bank 15 15 West West Street Street Gateshead Gateshead Tyne Tyne & & Wear Wear NE8 NE8 1DP IDP

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP[SCHOLARSHIP] FUND FUND

F

TRUSTEES’ TRUSTEES' REPORT REPORT FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

The The Trustees Trustees present their present their report report together together with with the the financial financial statements statements for for the the year year ended ended 31 31 March March[2025.] 2025.

The The financial financial statements statements have[have] been been prepared prepared in in accordance accordance with with the the accounting accounting policies policies set set out out in in

note note[1] 1 to[to] the the financial financial statements statements and and comply comply with with the the charity's charity's Trust Trust Deed, Deed, the the[Charities] Charities Act Act 2011 2011 and and the the Statement Statement of of Recommended Recommended[Practice] Practice "Accounting "Accounting and and Reporting Reporting[by] by Charities" Charities" issued issued in in March March[2005] 2005[(SORP2005).] (SORP200S).

REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS Reference Reference and and administrative administrative details details are are shown shown in in the the schedule schedule of[of] trustees trustees and and professional professional advisers[advisers] on on page page 1[1] of of the[the] financial[financial] statements. statements.

STRUCTURE, STRUCTURE, GOVERNANCE GOVERNANCE AND AND MANAGEMENT MANAGEMENT

Governing Governing Document Document

The The charity[charity] is is governed governed by by a a trust trust deed deed dated dated 21 21 February February 1984, 1984, in in which which its its objects objects are are set set out. out.

Management Management Structure Structure

The trustees The trustees who who served served throughout throughout the the year were: year were: Mr Mr[Michael] Michael[Bodner] Bodner

Mr Mr Avigdor[Avigdor][ Gluck] Gluck

Mr Mr[Bernard] Bernard[Joseph] Joseph

There There is is no no chief chief executive executive officer officer employed employed in in the the charity. charity. The The day day to to day day affairs affairs are are undertaken undertaken by by the the Principal Principal Rabbi[Rabbi] Solomon Solomon[Steinhaus.] Steinhaus. The The trustees trustees oversee oversee all[all] activities activities and and ensure ensure the the efficient efficient

and and proper proper conduct conduct of[of] the the charity.[charity.] Rabbi[Rabbi] Steinhaus Steinhaus[gives][gives] of[of][his][his] time time without[without] any any monetary monetary compensation. compensation.

Risk Risk Review Review The The trustees trustees have have assessed assessed the the major major risks risks to to which which the the[charity] charity is[is] exposed, exposed, and and are are satisfied satisfied that that systems systems are are in in place[place] to[to] mitigate[mitigate] exposure exposure to to the the major major[risks.] risks.

Objectives Objectives and and activities activities

The The charity's charity's objects objects are are the the advancement advancement of of Orthodox Orthodox Jewish Jewish education education and and to to alleviate alleviate poverty poverty

amongst amongst members members of of the the Jewish Jewish faith. faith. For For four four decades[decades] we we have have concentrated concentrated our our resources resources almost[almost] entirely entirely on on providing providing study study bursaries[bursaries] for for students students wishing wishing to to advance advance their their Talmudic Talmudic Studies[Studies] or or

Rabbinical Rabbinical courses. courses. By By so so doing, doing, we we have have achieved achieved both both objectives, objectives, as as these these students students are are invariably invariably in in dire dire financial financial need. need.

During During this this year year a a number number of of senior senior students students who who were were deemed deemed qualified qualified[to] to[teach] teach were were employed employed as as tutors tutors running running various various religious religious study study programs programs within within the the charity's charity’s premises. premises.

The The charity charity disburses disburses grants grants and and employs employs tutors tutors with with adherence adherence to to the the above above objects. objects. Such Such disbursements disbursements made made during during the the year year are are detailed detailed in in the the accounts. accounts.

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BETH BETH HATALMUD HATALMUD[SCHOLARSHIP] SCHOLARSHIP FUND FUND

TRUSTEES’ TRUSTEES' REPORT REPORT[(CONT.)] (CONT.) FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

The fund The fund raising raising[activities] activities have have continued continued throughout throughout the the year year to to enable enable the the charity[charity] to to meet meet its its objectives. objectives.

The The Trustees Trustees have have considered considered the the guidance guidance from from the the Charity Charity Commission on Commission on[public] public benefit, benefit, and and in in

particular particular the the specific specific guidance guidance for for charities charities for for the the advancement advancement of of religion,[religion,] and and believe that believe that these these

activities activities ensure ensure that that the the charity charity complies complies with with this this guidance. guidance.

ACHIEVEMENTS ACHIEVEMENTS AND AND PERFORMANCE PERFORMANCE

Results[for] the Results for the year year In In terms terms of of the the charity’s charity's objectives, objectives, we we are are once once again again pleased pleased to to report report a a satisfying satisfying year. year. The The students students have have continued continued to to immerse immerse themselves themselves in in their their Talmudic Talmudic research research with with great great dedication dedication and and the the tutoring tutoring programmes programmes have have met with met with much much success. success. Post Post Covid, Covid, we we have have managed managed to to reinstate reinstate a a full full range range of of programs programs and and activities. activities. In In the the year year ended ended 31 31 March March 2025 2025 the the charity's charity’s income income from from donations donations were were substantially substantially up up 36% 36% to to €157,372 £157,372 (2024: (2024: €115,567). £115,567). As As always,[always,] we we are are extremely extremely grateful grateful to to all all our our donors donors Grants Grants received received were were £5,100 E5,100[(2024:] (2024: €29,400). £29,400). Total Total income income received received was was E162,472 £162,472 (2024: (2024: £146,007). E 146,007). The The overall overall level level of of disbursements disbursements for for charitable charitable activities[activities] were were £168,722 €168,722 (2024: (2024: E £169,747). 169,747). The The charity charity continues continues to to maintain maintain tight tight controls controls over over its its costs costs whilst whilst maintaining maintaining efficiency efficiency - - total total support support costs costs of of are are only only 13% 13%[of] of total total expenditure. expenditure. Detailed Detailed information information about about the the nature nature of of these these disbursements disbursements is is provided provided in in note note[3] 3 to to the the financial financial statements. statements.

Achievements Achievements Our Our ever-growing ever-growing list[list] of of graduates graduates who who have have moved moved on on to[to] assume assume prominent prominent[positions] positions in in Jewish Jewish Education Education or or the the Rabbinate[Rabbinate] world-wide, world-wide, continues continues[to] to[be] be a a source source of[of] great great pride[pride] and and gratification. gratification. These[These] positions positions demand demand not[not] only only intellectual intellectual expertise[expertise] and and theoretical theoretical qualifications qualifications but but[also] also the the application[application] and and communication communication of of[such] such knowledge. knowledge.[The] The success success of of our our graduates[graduates] is[is] evidence evidence of of our our institution's institution's achievement achievement in in promoting promoting these these abilities. abilities.

Reserves[[Policy]]

Reserves Reserves[[Policy]] Policy

It It is is the the policy policy of of the the charity charity to to maintain maintain unrestricted unrestricted funds funds at at a a level level sufficient sufficient to to cover cover unforeseen unforeseen major major expenditure expenditure and and shortfalls shortfalls in in income. income. The The Trustees Trustees have have reviewed reviewed the the level level of of reserves reserves held held by[by] the the charity charity and and have have has has concluded concluded that[that] the the current current level level of[of] reserves reserves is is sufficient sufficient to to allow allow the the charity charity to to[be] be managed managed effectively effectively and and to to continue continue to to provide provide uninterrupted uninterrupted services[services][for] for the the foreseeable foreseeable future. future.

AIMS AIMS FOR[FOR] THE THE FUTURE FUTURE

Our Our aim[aim][is] is to to maintain maintain and and consolidate consolidate our our position[position] as as a a centre centre[of] of educational educational excellence excellence in in the the training[training] of of[Rabbis,] Rabbis,[teachers] teachers and and[youth] youth[leaders.] leaders.[As] As a a well-established well-established and and respected respected institution institution of of 37 37 years years standing, standing, we we are are confident confident that that our our many many long-standing friends long-standing friends will will maintain maintain or or perhaps perhaps increase increase their their generous generous support[support] to[to] allow[allow][us] us[to] to[continue] continue on on[to] to[further] further successes. successes.

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BETH BETH HATALMUD HATALMUD[SCHOLARSHIP] SCHOLARSHIP FUND FUND

TRUSTEES' TRUSTEES’ REPORT REPORT[(CONT.)] (CONT.) FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

STATEMENT STATEMENT OF TRUSTEES' OF TRUSTEES’ RESPONSIBILITIES RESPONSIBILITIES Charity Charity law law requires requires the the trustees trustees to to prepare prepare financial financial statements statements for for each each financial financial year year which which give give a a true true and and[fair] fair view[view] of of the[the][state] state[of] of affairs[affairs] of of the[the][Charity] Charity and and[of] of its[its][ financial] financial activities[activities][for] for that[that] period,[period,]

together together with with its its assets assets and and liabilities liabilities at[at] the the end end of of the the[period,] period, and and adequately adequately distinguish distinguish any any material material special special trust trust or or other other restricted restricted fund fund of[of] the the Charity. Charity.[In] In preparing preparing those those financial financial statements statements the the trustees trustees are are required required[to:] to:

(a) (a) select select suitable suitable accounting accounting policies policies and and then then apply apply them them consistently; consistently; (b) (b) make make judgements judgements and and estimates estimates that that are are reasonable reasonable and and prudent; prudent; (c) (c) state state whether whether the the policies policies adopted adopted are are in in accordance accordance with with the the appropriate appropriate Statements Statements of of Recommended Recommended[Practice] Practice on on Accounting Accounting by[by] Charities[Charities] and and the the Accounting Accounting Regulations Regulations and and with with

applicable applicable Accounting Accounting Standards, Standards, subject subject to to any any material material departures departures disclosed[disclosed] and and explained explained in in the the financial financial statements; statements; and and (d) (d) prepare prepare the the financial financial statements statements on on the the going going concern concern basis basis unless unless it it is is inappropriate inappropriate to to assume assume that that the the Charity will Charity will continue continue in in business. business.

The The trustees trustees are are responsible responsible for for keeping keeping proper proper accounting accounting records records which which[disclose] disclose with with reasonable reasonable

accuracy accuracy[at] at any any time[time][ the] the[financial] financial position[position] of of the[the][Charity] Charity and and enable enable[them] them to to ensure ensure that[that][ the] the financial financial statements statements comply comply with with applicable applicable Accounting Accounting Standards Standards and and Statements Statements of of Recommended Recommended

Practice Practice and and the the regulations regulations of of the the Charities Charities Act Act 2011. 2011. They They are are also also responsible responsible for for safeguarding the safeguarding the assets assets of[of] the the Charity Charity and and hence hence for for taking taking reasonable reasonable steps steps for for the the prevention prevention and and detection detection of of fraud fraud or or other[other] irregularities.[irregularities.]

Approved Approved by[by] the the trustees trustees and and signed signed on on its its behalf:behalf:-

— Michael Michael Bodner Bodner — Trustee Trustee

Date: Date: 24 24 April[April] 2026 2026

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER’S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES OF OF BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

, :

I | report report on on the the Financial Financial Statements Statements of of the the Charity Charity for for the the year year ended ended 31 31 March March 2025 2025 which which are are set set out out on on pages pages[6] 6 to[to] 9.[9.]

Respective Respective responsibilities responsibilities of[of] trustees[trustees] and and examiner examiner

The The charity's charity's trustees trustees are are responsible responsible[for] for the the preparation preparation of of the the accounts. accounts. The The charity's charity's trustees trustees consider consider

that that an an audit audit is is not not required required for for this this year year (under (under section section 144(2) 144(2) of of the the Charities Charities Act Act 2011 2011 (the (the Act), Act), and and

that that an an independent independent examination examination is is needed. needed.

• It It is is my my responsibility responsibility to: to: • ° examine examine the the accounts accounts (under (under section section 145(l)(a) 145(I)(a) of of the the 2011 2011 Act); Act); • e to to follow follow the the procedures procedures laid laid down down in in the the General General Directions Directions given given by by the the Charity Charity Commission Commission (under (under[section] section[145(5)] 145(5)[of] of the the 2011 2011 Act);[Act);][and] and • © to to state state whether whether particular particular matters matters have have come come to to my my attention. attention.

Basis Basis of[of] independent independent examiner's examiner’s report report

My My examination examination was was carried carried out[out] in[in][accordance] accordance with with the the[General] General Directions Directions given[given][by] by the the Charity[Charity] Commissioners. Commissioners. An An examination examination[includes] includes a a review review of[of] the the accounting accounting records records kept kept by by the the charity charity and anda[a] comparison comparison[of] of the the accounts accounts presented presented with with those those records.[records.][It] It also[also] includes[includes] consideration consideration[of] of any any unusual unusual items items or or disclosures disclosures in in the the[accounts,] accounts,[and] and seeking seeking explanations explanations from[from] you you as as[trustees] trustees concerning concerning any any such[such]

matters. matters. The The procedures procedures undertaken undertaken do do not not provide provide all all the the evidence evidence[that] that would would be be required required in in an an audit audit

and, and, consequently consequently no no opinion opinion is is given given as as to to whether whether the the accounts accounts present present a a 'true ‘true and and fair fair view' view’ and and the the report report[is] is limited limited to to those those matters matters set set out out in in the the statement statement below. below.

Independent Independent examiner's examiner’s statement statement

• In In connection connection with with my my examination, examination, no no matter matter has has come come to to my my attention: attention: e which which gives gives me me reasonable reasonable cause cause to to believe believe that,[that,] in in any any material material respect, respect, the the requirements: requirements: (a) (a) to to keep keep accounting accounting records records in in accordance accordance with with s130 s130 of of the the 2011 2011 Act; Act; and and (b) (b) to to prepare prepare accounts accounts which which accord accord with with the the accounting accounting records records and and to to comply comply with with the the accounting accounting requirements requirements of[of] the the[2011] 2011 Act Act[have] have[not] not[been] been[met;] met; or or

• e to to which, which, in in my my opinion, opinion, attention attention should should be be drawn drawn in in order order to to enable enable a a proper proper understanding understanding of[of] the the accounts accounts to to be[be] reached. reached.

M M[J] J Bloom[Bloom] Atkinsons Atkinsons Bloom[Bloom] Mayer Mayer Mistral Mistral House, House, Flamingo Flamingo Way, Way,[Silverlink] Silverlink Business Business[Park,] Park, Wallsend, Wallsend, Newcastle-upon-Tyne, Newcastle-upon-Tyne, NE28[NE28] 9N4 9N4 24 24[April] April 2026 2026

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

STATEMENT STATEMENT[OF] OF[FINANCIAL] FINANCIAL ACTIVITIES ACTIVITIES FOR FOR THE THE YEAR[YEAR] ENDED ENDED 31 31 MARCH MARCH 2025 2025

a eee

STATEMENT[OF] [FINANCIAL] ACTIVITIES FOR THE [YEAR] ENDED 31 MARCH 20252025 STATEMENT OF FINANCIAL ACTIVITIES FORTHE YEAR ENDED 31 MARCH 2025
a eee	nee	ene	en
		2025 2025	2024 2024
		E £	£
	Notes Notes
INCOMING RESOURCES INCOMING RESOURCES
Incomingresources from generated funds Incoming resourcesfrom generated funds
Voluntary income Voluntary income
Donations Donations		157,372 157,372	115,567 115,567
Grants received Grants received		5,100 5,100	29,400 29,400
		162,472 162,472	144,967 144,967
Investment income Investment income
UK rent receivable UK rent receivable		1,040 1,040	1,040 1,040
UK interestreceivable UK interest receivable		-	-
		1,040 1,040	1,040 1,040
TOTAL INCOMING RESOURCES TOTAL INCOMING RESOURCES		163,512 163,512	146,007 146,007
RESOURCES EXPENDED RESOURCES EXPENDED
Costs ofgenerating funds Costs ofgeneratingfunds	2 2	1,537 1,537	1,257 1,257
Charitable activities Charitable activities	3 3	168,722 168,722	169,747 169,747
Governance costs Governance costs	4 4	840 840	696 696
TOTAL RESOURCES EXPENDED TOTAL RESOURCES EXPENDED		171,099 171,099	171,700 171,700
NET INCOMING RESOURCES NETINCOMING RESOURCES		(7,587) (7,587)	(25,693) (25,693)
RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS
Fund balances brought forward at 1 April 2024 Fund balances brought forward at 1 April 2024		81,714 81,714	107,407 107,407
FUND BALANCES CARRIED FORWARD AT 31 MARCH 2025 FUNDBALANCESCARRIEDFORWARDAT31MARCH2025		74,127 74,127	81,714 81,714

The The notes notes on on pages pages 8[8] to to[9] 9 form form part part[of these] of these financial financial statements[statements]

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

BALANCE BALANCE SHEET SHEET AT AT 31[31] MARCH MARCH[2025] 2025

		2025 2025	2024 2024
		£	£
	Notes Notes
FIXED ASSETS FIXED ASSETS	5 5	9,857 9,857	17,274 17,274
CURRENT ASSETS CURRENT ASSETS
Debtors Debtors	6 6	11,732 11,732	10,690 10,690
Cash at bank and in hand Cash at bank and in hand		54,959 54,959	55,208 55,208
		66,691 66,691	65,898 65,898
CREDITORS CREDITORS
Amounts falling due within one year Amounts falling due within one year	7 7	(2,421) (2,421)	(1,458) (1,458)
NET CURRENT ASSETS NETCURRENTASSETS		64,270 64,270	64,440 64,440
		74,127 74,127	81,714 81,714
FUNDS FUNDS
Unrestricted Funds UnrestrictedFunds		74,127 74,127	81,714 81,714

These These[financial] financial statements statements were were approved approved by by the[the] trustees trustees on on 27 27[April] April 2026 2026

and and are are signed signed on on[their] their behalf behalf by:[by:]

M M Bodner Bodner Trustee Trustee

The The notes notes on on pages pages 8 8 to to 9[9] form form part part[of ] of these these[financial] financial statements statements

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP SCHOLARSHIP FUND FUND

NOTES NOTES TO TO THE THE[FINANCIAL] FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED MARCH MARCH 2025 2025

.

1. 1. Accounting Accounting Policies Policies

The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention convention and and in in

accordance accordance with with applicable[applicable] United United Kingdom Kingdom accounting accounting[standards,] standards, the the Statement Statement of of Recommended Recommended Practice Practice "Accounting "Accounting and and Reporting Reporting[by] by Charities" Charities"[issued] issued[in] in March March[2005] 2005 (SORP2005) (SORP2005) and and the the Charities Charities Act Act 2011. 2011.

a) a) Incoming Incoming Resources Resources Gifts Gifts and and donations donations to to the the charity charity are are recognised recognised as as income income at at the the date date of of receipt. receipt. Income Income tax tax recoverable recoverable on on gift-aided gift-aided donations donations is[is] recognised recognised as as[receivable] receivable[at] at the the date date[of] of receipt receipt of of[the] the original original[gift] gift or or donation donation irrespective irrespective[of] of when when the the income income tax tax was was actually actually received. received.

• b) b) Expenditure Expenditure e All All expenditure expenditure is is accounted accounted for for on on an an accruals accruals basis. basis.

• e Charitable Charitable expenditure expenditure includes includes all all expenditure expenditure directly directly related related to to the the objects objects of of the the charity charity in in accordance accordance with with the the SORP. SORP.

• e The The charity charity is is not not VAT VAT registered registered and and expenditure expenditure is is shown shown gross gross of of irrecoverable irrecoverable VAT. VAT. e Stipends Stipends[paid] paid to to individuals individuals[to] to support support their their[studies] studies[paid] paid to to[tutors] tutors are are recognised recognised at at the the date date of of actual actual payment. payment.

• e Wages Wages[paid] paid to to tutors tutors are are brought brought to to account account when when they they are are incurred. incurred. e Costs Costs[of] of Generating Generating Funds Funds are are those those costs costs[directly] directly[associated] associated with with fundraising. fundraising. e Governance Governance[Costs] Costs are are those those costs costs[associated] associated in[in][compliance] compliance with with[statutory] statutory and and[constitutional] constitutional requirements. requirements.

• e Support Support[Costs] Costs are are[general] general costs costs which[which] have[have] been been[incurred] incurred[in] in order order[that] that the[the] charity charity can can operate operate[effectively.] effectively.

c) c) Fund Fund Accounting Accounting

Unrestricted Unrestricted funds funds are are available available for for use use at at the the discretion discretion of of the the Trustees Trustees in in furtherance furtherance of of the the general general objectives objectives of of the the Charity. Charity.

d) d) Fixed Fixed Assets Assets The The Improvements Improvements to to leased leased premises premises are are reflected reflected at at cost cost and and amortised amortised over over it’s it's estimated estimated useful useful[life.] life.

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BETH BETH HATALMUD HATALMUD SCHOLARSHIP[SCHOLARSHIP] FUND FUND

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NOTES NOTES TO TO THE THE FINANCIAL[FINANCIAL] STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31 31 MARCH MARCH 2025 2025

a	a	a	a
		2025 2025	2024 2024
		£	£
2. 2.	Costsofgeneratingfunds Costs ofgeneratingfunds
	Fundraising expenses Fundraisingexpenses	1,537 1-53 /,	1,257 1,257
3. 3.	Charitable activities Charitable activities
	Student grants paid to individual students Student grants paid to individual students	80,264 80,264	91,765 91,765
	Wages paid to tutors Wages paid to tutors	66,160 66,160	59,266 59,266
	Support costs Support costs	22,298 22,298	18,716 18,716
		168,722 168,722	169,747 169,747
4. 4.	Governance costs Governance costs
	Accounting fee for independent examination Accounting fee for independent examination	840 840	696 696
5. 5.	Fixed assets Fixed assets
	Refurbishment& Improvements to Leased premises Refurbishment & Improvements to Leased premises
	At cost At cost	74,168 74,168	74,168 74,168
	Amortised over 10 years Amortised over 10 years	(64,311) (64,311)	(56,894) (56,894)
		9,857 9,857	17,274 17,274
6. 6.	Debtors Debtors
	Loans Loans	5,000 5,000	5,000 5,000
	Prepaid expenses Prepaid expenses	1,062 1,062	-
	Rent receivable Rent receivable	5,670 5,670	5,690 5,690
		11,732 11,732	10,690 10,690
7. 7.	Creditors Creditors
	Accruals Accruals	2,421 2,421	1,458 1,458
8. 8.	Staff costs Staff costs
	Wages to tutors Wagestotutors	66,160 66,160	59,266 59,266

No No employee employee received received emoluments emoluments of of more more[than] than[f60,000] £60,000 (2024:[(2024:][None)] None)

The The average average number number[of] of employees[employees] during[during] the[the] year year was was[7] 7[(2024:7)] (2024: 7)

1. 1. Trustees' Trustees' remuneration remuneration and and expenses expenses

The The trustees trustees received received no no remuneration remuneration nor nor[reimbursement] reimbursement of[of] expenses expenses during during the the year. year.

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