| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| FOR |
| NASHIM ACADEMY LTD |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| FOR |
| NASHIM ACADEMY LTD |
| NASHIM ACADEMY LTD |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 | to | 6 |
| NASHIM ACADEMY LTD (REGISTERED NUMBER: 16120805) |
| REPORT OF THE TRUSTEES |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 5 December 2024 to 31 December 2025. The trustees have adopted the provisions of 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). |
| INCORPORATION |
| The charitable company was incorporated on 5 December 2024 . |
| OBJECTIVES AND ACTIVITIES |
| The objects of the charity, as set out in its Articles of Association, are restricted to the advancement of education for orthodox Jewish women in the UK by establishing, managing and supporting an educational establishment enabling such students to graduate with a university degree. |
| In setting the charity's objectives and planning its activities, the trustees have given careful consideration to the Charity Commission's general guidance on public benefit. |
| ACHIEVEMENTS AND PERFORMANCE |
| The charity was incorporated on 5 December 2024 and was subsequently registered with the Charity Commission for England and Wales under charity number 1218250. During the period to 31 December 2025, the charity was dormant and did not trade or undertake any charitable activities. No income was received and no expenditure was incurred during the period. |
| As the charity has not yet commenced its charitable activities, there are no achievements or outcomes to report for this period. |
| The charity did not undertake any fundraising activities during the period, as it remained dormant throughout. |
| The charity held no investments during the period and therefore there is no investment performance to report. |
| FINANCIAL REVIEW |
| Internal and external factors |
| As the charity was dormant throughout the period, the trustees do not consider that any internal or external factors had a material effect on the charity's financial position or performance during the period. The trustees will keep under review the operating environment relevant to the charity's objects as activities commence. |
| Reserves policy |
| As the charity was dormant throughout the period and held no funds, the trustees have not yet adopted a formal reserves policy. The trustees intend to establish an appropriate reserves policy once the charity commences its charitable activities and begins to hold funds, having regard to the charity's anticipated income and commitments at that time. |
| FUTURE PLANS |
| Having now been registered with the Charity Commission for England and Wales, the trustees intend to progress the charity's objects by establishing the educational provision described in the charity's objects. This is expected to include the development of a funding and operational plan and the commencement of educational activities in due course. |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Nashim Academy Ltd is a private company limited by guarantee, incorporated in England and Wales on 5 December 2024 under the Companies Act 2006 (registered number 16120805). The charity is governed by its Memorandum and Articles of Association and is registered with the Charity Commission for England and Wales under charity number 1218250. |
| Each member of the charity has undertaken to contribute a sum not exceeding £10 to the assets of the charity in the event of its being wound up. |
| The trustees, who are also the directors for the purposes of company law, are responsible for the overall management and control of the charity. The first trustees were those named in the application for incorporation, and any future trustees will be appointed in accordance with the Articles of Association. |
| No trustee received any remuneration or other benefit from the charity during the period. |
| NASHIM ACADEMY LTD (REGISTERED NUMBER: 16120805) |
| REPORT OF THE TRUSTEES |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Approved by order of the board of trustees on |
| NASHIM ACADEMY LTD |
| STATEMENT OF FINANCIAL ACTIVITIES |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| Total |
| funds |
| Notes | £ |
| NET INCOME |
| TOTAL FUNDS CARRIED FORWARD |
| NASHIM ACADEMY LTD (REGISTERED NUMBER: 16120805) |
| BALANCE SHEET |
| 31 DECEMBER 2025 |
| Total |
| funds |
| Notes | £ |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 3 |
| TOTAL FUNDS |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025. |
| The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 |
| NASHIM ACADEMY LTD |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| 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. |
| 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. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| 2. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the period ended 31 December 2025. |
| Trustees' expenses |
| There were no trustees' expenses paid for the period ended 31 December 2025. |
| 3. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| in funds | 31.12.25 |
| £ | £ |
| TOTAL FUNDS | - | - |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| TOTAL FUNDS | - |
| NASHIM ACADEMY LTD |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 5 DECEMBER 2024 TO 31 DECEMBER 2025 |
| 4. | RELATED PARTY DISCLOSURES |