Shoresh Education Manchester Charity Accounts

COMPANY REGISTRATION NUMBER: 14085056

CHARITY REGISTRATION NUMBER: 1206004

Shoresh Education Manchester

Company Limited by Guarantee

Unaudited Financial Statements

31 May 2025

Shoresh Education Manchester

Company Limited by Guarantee

Financial Statements

Year ended 31 May 2025

	Page

Trustees' annual report (incorporating the director's report)	1

Statement of financial activities (including income and expenditure account)	5

Statement of financial position	6

Notes to the financial statements	7

Shoresh Education Manchester

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 May 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2025 .

Reference and administrative details

Registered charity name	Shoresh Education Manchester

Charity registration number	1206004

Company registration number	14085056

Principal office and registered	2nd Floor - Parkgates
office	Bury New Road
	Prestwich
	Manchester
	M250TL
	England

The trustees

	R Springer	(Resigned 10 October 2024)
	A Brodie	(Resigned 10 October 2024)
	M Bamberger
	B Friedman	(Appointed 27 September 2024)
	Y Jacobs	(Appointed 27 September 2024)

Accountants	Haffner Hoff Ltd
	Accountants
	2nd Floor - Parkgates
	Bury New Road
	Prestwich
	Manchester
	M25 0TL

Structure, governance and management

Governing Document

Shoresh Education Manchester is constituted by Memorandum and Articles of Association and is a company limited by guarantee. It was incorporated on 04 May 2022 as a company and the company number is 14085056 . It was registered as a charity on 01 December 2023 with a charity number being 14085056 .

Governing Body

The trustees of the Charity are legally responsible for the overall management of the school. The day to day running of the charity is undertaken by the trustees.

The Trustees are aware of the need to follow best practice and are actively reviewing the organisational structure of the charity and the method by which new trustees are appointed. This ongoing review has concluded that the organisational structures in place are sufficient and robust to take the charity into the future.

Recruitment and appointment of new trustees would be in line with the Memorandum and Articles of Association and with the consent of the trustees. The criteria set for the suitable candidate would be someone who is sensitive to the needs and demands of the organisation.

There is no chief executive officer. The day to day affairs are undertaken by the trustees. All major decisions are taken collectively by the trustees and all the trustees give of their time freely. The trustees are unpaid and details of any related party transactions are disclosed as applicable in the notes to the accounts.

Training and induction of trustees is applied as applicable.

Risk review

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to manage our exposure to the major risks.

The risks faced by the charity are principally operational risks from ineffective running of the operations. These risks are managed by the trustees ensuring the right personnel are utilised and the right policies are implemented.

Report back and review procedures strengthen these safeguards to ensure public benefit is achieved from all aspects of the charity's management.

Risk Management

The process of examining the risks to which the Charity is exposed is ongoing and the trustees are planning to further develop systems to monitor and control these risks in order to lessen their potential impact on the Charity.

Public Benefit

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education when reviewing the charity's aims and objectives and in planning future activities.

Objectives and activities

Charitable Objects

The Charity's objects, as set out in the Memorandum and Articles of Association, are the advancement of education and development of children and young people.

Aims

Shoresh Education Manchester aims to provide specialist educational intervention and workshops to children.

Objectives for the year

This year, the focus has been on establishing the charity and widening the pool of children helped.

Principal Activities of the year

During the year, Shoresh Education Manchester has assisted and facilitated training help and assistance to teachers mentors and children. This has granted children a better chance to grow up, emotionally healthy, and educationally successful.

Children involved have ranged from many schools within the local community.

Grant making policy

The charity would give out grants in line with the above objects.

The trustees consider they have met the public benefit test and outline these achievements below.

The trustees consider the shorter term aims to be similar to the longer term aims and assess the achievement of the charity in the same way.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

The charity recorded £500 (2024: £1,500) in donations and grants receivable.

The charity paid out £8,355 (2024: £3,218) on educational activities and support costs.

The charity has low support and governance costs comprising professional fees and sundry other costs.

Grants over £1,000 made during the year to institutions are as detailed in the accounts

There were no investments made during the year.

Related party transactions in the reporting period are as disclosed in the notes to the accounts.

There was an overall net expenditure and net movement in funds for the year amounting to £7,855 of which £2,595 attributes to the unrestricted fund and £5,260 to the restricted fund.

Financial review

Results for the year

Reserves Policy

The trustees have reviewed the level of reserves held by the charity. The review has concluded that to allow the charity to be managed efficiently and to provide a buffer for uninterrupted services the level of free reserves, being those not tied up in fixed assets, needs to be maintained at not less than six months expenditure.

The free reserves stand at £970 (2024: £8,825),all of which are unrestricted.

Total funds held by the charity at the year end were £970 (2024: £8,825), all of which were unrestricted.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgments and accounting estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees' annual report and the strategic report were approved on 18 May 2026 and signed on behalf of the board of trustees by:

M Bamberger

Trustee

Shoresh Education Manchester

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 May 2025

	2025			2024
	Unrestricted funds	Restricted funds	Total funds	Total funds
Note	£	£	£	£

Income and endowments

Donations and legacies	5	500	–	500	1,500
		----	----	----	-------
Total income		500	–	500	1,500
		----	----	----	-------

Expenditure

Expenditure on charitable activities	6,7	3,095	5,260	8,355	3,218
		-------	-------	-------	-------
Total expenditure		3,095	5,260	8,355	3,218
		-------	-------	-------	-------

	-------	-------	-------	-------
Net expenditure and net movement in funds	( 2,595)	( 5,260)	( 7,855)	( 1,718)
	-------	-------	-------	-------

Reconciliation of funds

Total funds brought forward	3,565	5,260	8,825	10,543
	-------	-------	-------	--------
Total funds carried forward	970	–	970	8,825
	-------	-------	-------	--------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Shoresh Education Manchester

Company Limited by Guarantee

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Current assets

Cash at bank and in hand	1,810	9,245

Creditors: amounts falling due within one year	12	840	420
		-------	-------
Net current assets		970	8,825
		----	-------
Total assets less current liabilities		970	8,825
		----	-------
Net assets		970	8,825
		----	-------

Funds of the charity

Restricted funds		–	5,260
Unrestricted funds		970	3,565
		----	-------
Total charity funds	13	970	8,825
		----	-------

For the year ending 31 May 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on 18 May 2026 , and are signed on behalf of the board by:

M Bamberger

Trustee

Shoresh Education Manchester

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 2nd Floor - Parkgates, Bury New Road, Prestwich, Manchester, M250TL, England.

2. Statement of compliance

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 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements did not require management to make judgements, estimates or assumptions that affect the amounts reported.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. 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 are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Limited by guarantee

Shoresh Education Manchester is a company limited by guarantee and does not have a share capital. In the event of the company being wound up, members are required to contribute an amount not exceeding £10.

5. Donations and legacies

Unrestricted Funds	Total Funds 2025	Unrestricted Funds	Total Funds 2024
£	£	£	£

Donations

Donations receivable	500	500	1,500	1,500
	----	----	-------	-------

6. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Educational Activities	2,552	5,260	7,812
Support costs	543	–	543
	-------	-------	-------
	3,095	5,260	8,355
	-------	-------	-------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Educational Activities	2,106	390	2,496
Support costs	722	–	722
	-------	----	-------
	2,828	390	3,218
	-------	----	-------

7. Expenditure on charitable activities by activity type

	Activities undertaken directly	Grant funding of activities	Support costs	Total funds 2025	Total fund 2024
	£	£	£	£	£
Educational Activities	5,812	2,000	124	7,936	2,797
Governance costs	–	–	419	419	421
	-------	-------	----	-------	-------
	5,812	2,000	543	8,355	3,218
	-------	-------	----	-------	-------

8. Analysis of support costs

	Analysis of support costs	Total 2025	Total 2024
	£	£	£
General office	124	124	301
Governance costs	419	419	421
	----	----	----
	543	543	722
	----	----	----

9. Analysis of grants

	2025	2024
	£	£

Grants to institutions

Kolyom Trust	2,000	–
	-------	----
Total grants	2,000	–
	-------	----

10. Staff costs

The average head count of employees during the year was Nil (2024: Nil).

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

11. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

12. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	840	420
	----	----

13. Analysis of charitable funds

Unrestricted funds

	At 1 June 2024	Income	Expenditure	At 31 May 2025
	£	£	£	£
General funds	3,565	500	(3,095)	970
	-------	----	-------	----

	At 1 June 2023	Income	Expenditure	At 31 May 2024
	£	£	£	£
General funds	4,893	1,500	(2,828)	3,565
	-------	-------	-------	-------

Restricted funds

	At 1 June 2024	Income	Expenditure	At 31 May 2025
	£	£	£	£
Restricted fund – grants receivable	5,260	–	(5,260)	–
	-------	----	-------	----

	At 1 June 2023	Income	Expenditure	At 31 May 2024
	£	£	£	£
Restricted fund – grants receivable	5,650	–	(390)	5,260
	-------	----	----	-------

14. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2025
	£	£	£
Current assets	1,810	–	1,810
Creditors less than 1 year	(840)	–	(840)
	-------	----	-------
Net assets	970	–	970
	-------	----	-------

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Current assets	3,985	5,260	9,245
Creditors less than 1 year	(420)	–	(420)
	-------	-------	-------
Net assets	3,565	5,260	8,825
	-------	-------	-------

15. Taxation

Shoresh Education Manchester is a registered charity and therefore is not liable to income tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.