THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Company limited by guarantee

Company Registration Number:
04021015 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The Trust was set up with a charitable purpose to support the operations and activities of Mathilda Marks-Kennedy Jewish Primary School (the 'School') and to ensure the land and buildings held by Scopus Jewish Educational Trust ('Scopus') can be maintained adequately. The Trust continues to raise funds from various sources which enables it to make periodic donations to the School to fund the surplus costs not covered by state funding. The Trust also pays towards certain religious and educational materials, premises costs and capital investment incurred by the school.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Aaron Livingston
Richard Sultman
Kim Katz
Hayley Gershon


Secretary Aaron Livingston

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
28 November 2024

And signed on behalf of the board by:
Name: Aaron Livingston
Status: Secretary

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 350,192 382,528
Cost of sales: ( 285,918 ) ( 301,490 )
Gross profit(or loss): 64,274 81,038
Administrative expenses: ( 7,113 ) ( 7,672 )
Operating profit(or loss): 57,161 73,366
Profit(or loss) before tax: 57,161 73,366
Profit(or loss) for the financial year: 57,161 73,366

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 15,565 14,327
Cash at bank and in hand: 246,402 190,445
Total current assets: 261,967 204,772
Creditors: amounts falling due within one year: 4 ( 4,600 ) ( 4,566 )
Net current assets (liabilities): 257,367 200,206
Total assets less current liabilities: 257,367 200,206
Total net assets (liabilities): 257,367 200,206
Members' funds
Profit and loss account: 257,367 200,206
Total members' funds: 257,367 200,206

The notes form part of these financial statements

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2024
and signed on behalf of the board by:

Name: Aaron Livingston
Status: Director

The notes form part of these financial statements

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, and it is probable that the income will be received and the amount can be measured reliably. Where income has related expenditure (as with fundraising or contract income), the income and related expenditure are reported gross in the Statement of Financial Activities. Donations, grants and gifts are recognised when receivable. In the event that a donation is subject to fulfilling performance conditions before the charity is entitled to the funds, the income is deferred and not recognised until it is probable that those conditions will be fulfilled in the reporting period. Income from Gift Aid tax reclaims is recognised for any donations with relevant Gift Aid certificates and recognised in income for the year. Any amounts of Gift Aid not received by the year-end are accounted for in income and accrued income in debtors.

    Intangible fixed assets amortisation policy

    Financial instruments The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts, discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

    Other accounting policies

    Going concern Grants Donations Expenditure Fund structure

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

    Zero employees

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
£ £
Other debtors 15,565 14,327
Total 15,565 14,327

THE MATHILDA MARKS-KENNEDY JEWISH PRIMARY SCHOOL TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 4,600 4,566
Total 4,600 4,566