REGISTERED COMPANY NUMBER: 07327670 (England and Wales)

REGISTERED CHARITY NUMBER: 1140161

BEIS YAAKOV GIRLS SCHOOL LIMITED

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Cash Flow Statement

8

Notes to the Cash Flow Statement

9

Notes to the Financial Statements

10

to

17

TRUSTEES

J Leitner

S S Sinitsky (resigned 13.4.26)

A J Halpert (appointed 16.3.26)

Mrs M H Lew (appointed 16.3.26)

Rabbi M E Twerski (appointed 16.3.26)

REGISTERED OFFICE

First Floor

94 Stamford Hill

London

N16 6XS

REGISTERED COMPANY NUMBER

07327670 (England and Wales)

REGISTERED CHARITY NUMBER

1140161

INDEPENDENT EXAMINER

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

BANKERS

Barclays Bank plc

278 Hoe Street

London

E17 9QE

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

REFERENCE AND ADMINISTRATIVE INFORMATION

The information is shown on page 1 of the financial statements and forms part of this report.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the charity are:

1) The advancement of Orthodox Jewish Religious Education;

2) The advancement of such other objects as are for the benefit of the public and are charitable according to the laws of England and Wales.

In this respect the trustees have set up a girls' school.

The trustees have considered the Charity Commission's general guidance on public benefit and in particular the guidance on advancing education and fee charging. Fees are to be charged but those in financial hardship will be given an allowance or be fully funded, according to circumstances. No child is refused education because of an inability to pay.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

There was a decrease in income of 12% mainly due to a reduced level of donations.School running costs fell by 7% and the charity was left with a deficit for the year.

FINANCIAL REVIEW

Reserves policy

The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity. Reserves at the year end showed a deficit £165,311 (2024 - £55,099 deficit)

FUTURE PLANS

New trustees have been appointed who have indicated that they will give financial support to the school. They also intend to have a fundraising campaign.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 27 July 2010.

Organisational structure

The power to appoint new trustees is vested in the board. New trustees are appointed based on personal competence, specialist skills and experience They are inducted into the working of the charity by the current board and are given, in the view of the board, sufficient training to understand the nature of the charity. They are also encouraged to read the Charity Commission's various publications on trustees.

The day to day running of the school is delegated to administrators.

Risk management

The trustees have reviewed the major risks that the charity faces and confirm that they have established systems to mitigate them.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 31 May 2026 and signed on its behalf by:

J Leitner - Trustee

Independent examiner's report to the trustees of Beis Yaakov Girls School Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

E Meyer FCA BSc

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

31 May 2026

2025

2024

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

356,785

-

356,785

427,893

Charitable activities

3

School fees

508,054

-

508,054

532,601

Total

864,839

-

864,839

960,494

EXPENDITURE ON

Raising funds

4

4,556

-

4,556

36,666

Charitable activities

5

School running costs

966,775

-

966,775

981,882

Grantmaking

-

-

-

9,470

Support

3,720

-

3,720

3,391

Total

975,051

-

975,051

1,031,409

NET INCOME/(EXPENDITURE)

(110,212

)

-

(110,212

)

(70,915

)

RECONCILIATION OF FUNDS

Total funds brought forward

(55,099

)

-

(55,099

)

15,816

TOTAL FUNDS CARRIED FORWARD

(165,311

)

-

(165,311

)

(55,099

)

2025

2024

Notes

£

£

CURRENT ASSETS

Debtors

13

130,596

122,306

Cash at bank and in hand

53,255

30,796

183,851

153,102

CREDITORS

Amounts falling due within one year

14

(328,025

)

(181,550

)

NET CURRENT ASSETS/(LIABILITIES)

(144,174

)

(28,448

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(144,174

)

(28,448

)

CREDITORS

Amounts falling due after more than one year

15

(21,137

)

(26,651

)

NET ASSETS/(LIABILITIES)

(165,311

)

(55,099

)

FUNDS

18

Unrestricted funds:

General fund

(165,311

)

(55,099

)

TOTAL FUNDS

(165,311

)

(55,099

)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 31 May 2026 and were signed on its behalf by:

J Leitner - Trustee

Cash flows from operating activities

Cash generated from operations

1

27,972

(37,193

)

Tax paid

-

44,867

Net cash provided by operating activities

27,972

7,674

Cash flows from financing activities

Loan repayments in year

(5,514

)

(5,514

)

Net cash used in financing activities

(5,514

)

(5,514

)

Change in cash and cash equivalents in the reporting period

22,458

2,160

Cash and cash equivalents at the beginning of the reporting period

2

30,778

28,618

Cash and cash equivalents at the end of the reporting period

2

53,236

30,778

1.	RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

2025

2024

£

£

Net expenditure for the reporting period (as per the Statement of Financial Activities)

(110,212

)

(70,915

)

Adjustments for:

Depreciation charges

-

4,506

Increase in debtors

(8,290

)

(5,997

)

Increase in creditors

146,474

35,213

Net cash provided by/(used in) operations

27,972

(37,193

)

2.	ANALYSIS OF CASH AND CASH EQUIVALENTS

2025

2024

£

£

Cash in hand

-

175

Notice deposits (less than 3 months)

53,255

30,621

Overdrafts included in bank loans and overdrafts falling due within one year

(19

)

(18

)

Total cash and cash equivalents

53,236

30,778

3.	ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS

At 1.8.24

Cash flow

At 31.7.25

£

£

£

Net cash

Cash at bank and in hand

30,796

22,459

53,255

Bank overdraft

(18

)

(1

)

(19

)

30,778

22,458

53,236

Debt

Debts falling due within 1 year

(5,514

)

-

(5,514

)

Debts falling due after 1 year

(26,651

)

5,514

(21,137

)

(32,165

)

5,514

(26,651

)

Total

(1,387

)

27,972

26,585

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. These estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis.

Income

Donations are included in full in the Statement of Financial Activities when received.

Fee income and grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.

Expenditure

Liabilities are recognised in the year in which they are incurred and includes irrecoverable VAT, which is reported as part of the expenditure to which it relates.

Raising funds comprise the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Computer equipment

-

33% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Going concern

The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern, notwithstanding the deficiency in net assets at the balance sheet date.

2.	DONATIONS AND LEGACIES

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

£

£

£

£

Donations

91,348

-

91,348

167,553

Grants

265,437

-

265,437

260,340

356,785

-

356,785

427,893

Grants received, included in the above, are as follows:

2025

2024

£

£

Security grant

28,223

43,885

Local authority funding

237,214

216,455

265,437

260,340

3.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

School

Total

fees

activities

£

£

Fee income

508,054

532,601

4.	RAISING FUNDS

Raising donations and legacies

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

£

£

£

£

Fundraising costs

-

-

-

18,200

Events, adverts & promotions

4,426

-

4,426

18,094

Credit card charges

130

-

130

372

4,556

-

4,556

36,666

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 8)

Totals

£

£

£

School running costs

966,065

710

966,775

Support

-

3,720

3,720

966,065

4,430

970,495

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

£

£

Staff costs

456,393

460,556

Rent, rates and service charge

210,922

204,141

Insurance

-

7,808

Light & heat

23,298

19,329

Telephone

3,104

3,358

Books and stationery

14,095

12,958

Staff training

-

2,200

Special needs and therapy fees

47,706

32,338

Cleaning

-

4,500

Repairs and maintenance

34,047

34,055

Educational equipment

1,387

3,617

Outings and activities

11,033

13,108

Security

28,158

44,286

Food

21,033

28,503

Professional fees

74,088

61,124

Loan interest

740

880

Administrative expenses

40,061

44,615

Depreciation

-

4,506

966,065

981,882

7.	GRANTS PAYABLE

2025

2024

£

£

Grantmaking

-

9,470

The total grants paid to institutions during the year was as follows:

2025

2024

£

£

Advancement of education

-

7,470

Advancement of religion

-

2,000

-

9,470

8.	SUPPORT COSTS

Governance

costs

£

School running costs

710

Support

3,720

4,430

Support costs, included in the above, are as follows:

Governance costs

2025

2024

School

running

Total

Total

costs

Support

activities

activities

£

£

£

£

Independent examiner's fee

-

1,440

1,440

1,080

Independent examiner's other fees

-

2,280

2,280

1,800

General expenses

710

-

710

511

710

3,720

4,430

3,391

9.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

-

4,506

10.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

11.	STAFF COSTS

2025

2024

£

£

Wages and salaries

453,763

459,250

Other pension costs

2,630

1,306

456,393

460,556

The average monthly number of employees during the year was as follows:

2025

2024

Teachers

57

52

Office

4

5

Cleaning & maintenance

2

3

63

60

No employees received emoluments in excess of £60,000.

12.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 August 2024 and 31 July 2025

9,420

14,760

24,180

DEPRECIATION

At 1 August 2024 and 31 July 2025

9,420

14,760

24,180

NET BOOK VALUE

At 31 July 2025

-

-

-

At 31 July 2024

-

-

-

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

112,460

112,460

Prepayments and accrued income

18,136

9,846

130,596

122,306

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 16)

5,533

5,532

Trade creditors

78,576

55,277

Social security and other taxes

30,511

12,932

NEST

717

324

Teachers Pension

1,596

1,596

Other creditors

68,636

42,363

Accruals and deferred income

142,456

63,526

328,025

181,550

15.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 16)

21,137

26,651

16.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year on demand:

Bank overdrafts

19

18

Bank loans

5,514

5,514

5,533

5,532

Amounts falling between one and two years:

Bank loans - 1-2 years

5,514

5,514

Amounts falling due between two and five years:

Bank loans - 2-5 years

15,623

16,542

Amounts falling due in more than five years:

Repayable by instalments:

Bank loans more 5 yr by instal

-

4,595