The charity has objects to promote the Jewish faith amongst Jewish girls and women between the ages of 15 and 25 by providing religious education for such persons in accordance with traditional Judaism, and to provide instruction to enable students to enter a trade or profession.

It was previously part of the commission’s ‘double defaulter’ class inquiry into charities in default of their statutory obligations to meet reporting requirements as it failed to submit annual accounts for the financial years ending 31 July 2013 and 31 July 2014 by the due dates.

These were submitted on 25 November 2015, when the charity’s representative informed the commission that the reason for the trustees not complying with their statutory accounting requirements was due to the fact that the charity had changed its correspondence postal address but had not updated the details on the register, and as a consequence the commission correspondence regarding the charity’s accounting requirements was issued to the wrong postal address.

Now the commission reports that a subsequent scrutiny of the accounts and other information obtained by the earlier inquiry raises serious concerns as to whether the charity’s accounts provided to the commission present an accurate picture of the charity’s financial activities and whether assets currently, or previously, belonging to the charity have been adequately accounted for.

The latest inquiry will look at, among other issues, the charity’s financial management, transactions and controls; the nature and value of assets previously and currently held by the charity; and whether there has been any misconduct and/or mismanagement by the trustees.

The charity’s accounts for the year ended 31 July 2015 are now overdue. Income for the previous two years was £214,000 and £270,000.

The Charity Commission will release a report once its inquiry is finished.