REGISTERED CHARrrY NUMBER: 1083433 REPORT OF THE TRiisfEES AND FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FOR THE KHAYAMI FOVNDAnON Hartley Fowler LLP artered Attountants 4th Aoor Tuluon House 27-37 st G8)rge's Road Wmb London SW19 4EU THE KHAYAMI FOUNDATION CONTENTS OF THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2025 Page I to 3 Ind•pendert Examlnerfs Report ststement of Flnandal Artl¥ltleg B•lanco Shoet Note• to the Flnandal Statsments 7 to 10 THE KHAYAMI FOUNDATION REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 2025 The trustees present thelr report wth the finandal statements of the chadty for the year eThJed 31 December 2025. The trustees have adopted the provisions of AccourbUng and Reportin9 by Charstie5'. Ststement of Recommemdeij practi￿ appl[￿ble to tharI￿e$ preparlng their accoun15 in accordan￿ with the Financbal ReportJng Standard ap￿ICable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJEcfivES AND AcnvmES Objectives and alms The prlncbpal activities of the charfty are to &lvance the education of chIkI￿n and adults, to advan￿ rn8Jital research, ￿la1 welfare, the rellef of ne&J, hardship and dtstress and the adwdncement of rdlgion. The Khayarnl Foundatlon was establish8J as a UK-based tharltable tnjst In NOv￿ber 2000. The objects of the Foundatk)n are deIIb￿atety expressed Sn the broadest tern￿1 provldlng Its trustees wlth the wldest mandate to offer aid and a5555ta￿e where ￿ Ls felt to be most needed. However, It Is nonethele￿, the wlll of Its Trvstee5 th3t the FwndaUon should ￿m)rIlY focus ￿ attentlon on ts ethos that Feace and tol&art￿ arnongst na￿OnS can be achieved through the prornotlon of education and mutual understandlng btheen Feople of all races and religions. Slgnlflcant artlvltte5 Major activiues undertaken In 202S were to provide donatsDns In support of e(lucaUon and scr whkh The Klwaml FouTraatlon has been set up. Indurtlon and tralnlng of Thew trustees New trustres a￿ glven an lThluthon klt IndLk4lng: Charfty Commlsslon of Ery)land arKI Wales Tre Essentlal TrLtstee' that s&s out the rule5 and ￿ul3t￿On5 on the role, dutles, and Ikbilitles of trustees. The appJ4ntm￿t of trust&s Is conflrmèd only after they show understsndkng of a tfusteds role, duues and lIa￿lIti Related p•rtle• These are dlsclosed In the note to the flnanclal slat￿￿ents'Re1ated Party Transactlons,. Rlsk management The twstees have a duty to Identify and revlew the rw to vthkh the charlty Is expJsed and to ensure approprlate controls are In place to pryJvlde rea￿nable assuran￿ agalnst fraud and emr, The trustees have a r15k management polty, whlch encompasse5 finandal, OFeraUonbl, legallregulatoryi strateglc and YeputatK)n and publlc Interest. There Is an annual revlew of the dsks the (harlty may face. Although the charity face5 few rlsks this revlew has allowed the trustee5 to lden￿fy these ￿SkS and set up necessary pro￿￿reS. ThE KHAYAMI FOUNDATION PEPORT OF THE TRik%tEES FORniE YEARENDED 31 DE¢ETrIBBi 20 REFERENC£ AND ADMINIsfRATI¥E DET Ch•rlty numl lQ83433 prf￿1Pal addr•88 4th Fk)or Tthn HLwse 27-37 st G￿e5 Road WIInb￿￿0rt SW19 4BJ A Khayaml H A S Grdmlaft H B PÉteTS Indip•btht Ex•mln•r J¢rwthan FG4 Hartley Fowler LLP 4th Pljor Tu￿On HoL￿e 27-37 StGenr92'5 Iload Wimbled SWL9 4EV STATEMENT OF TRUSTEES IiESPONSIBI Tre tr]stees are respm4ble for prepa￿ng the law and un￿ ￿ty￿d0M ktounung Stsndar SiandJTd 102 Yhe Finon41al Rep￿ Report of the TN*ees and the finandal statwr*nls In xcordance wlth applca s {UnltwJ Wngdom Geoeralty ￿￿pied Ac¢th]ntw Prx¥￿> Rnanrlal Stsndard applIC3b￿ th the UK and Republlc of Irèknd". nclal statsmnts for oach ffr*ndal year. Under that kiw, the tru5tÉes have d¢ttoJ ce wlth Unw ifjngdom l&nerally Paepted knuntlng Prathce {UnttEd K5ng¢cm Charity low requlres the tn&ees to prepare fln to prepare the finan¢ia( statwnts 1¢) accorda *ndJrd5and ap￿1￿ab￿ law). Under Char￿ law the tru*ees nwst not appr vlew of the *ate of affJlrs of the tharlty and expendtture, ofthe tharty forthat ￿rknd. In 5ekct sultsNe accounllng pollcles aThl the obserye the meth￿S prlnclpie5 kn the make judgements and estimaro5 fhat are prepare lh¥ flnanckil skterRents on the gol IrL business. the finatt*l tht￿efits ￿1¢$5 they ère ￿1Sfied that they glve a true and falr thè Intornlng reswrts and appllcthn of rwurces, Includlng the kncome parlw those thandol 5ttheTts the tnthe5 are req￿r•I to awlythwn cOn￿￿endy. ariues SORP,. sonable and pnId￿t., conwx unkss tt LS Inapprowlate to presume thit the charfty wlll cu￿ntse are ￿0￿SItIe for keeping pro fl[on￿al p05iiion of the and to enable The Chatlty {A￿oll[￿ and Repo¥ls) Rt9ula h•rts fcr tsk￿9 rea9)nab￿ steps forthe pr proved by udÈr ofthe board of tru*eesx)n r HtrJwnUr¥J rerThd5 whtch d￿loSe with teasonabk acojrw at any Yme the em to ensure thatthe finandal thtements ts)mpty the Charties Act 2011 and $ 2008. They are atso rw•ble lor safeguardkn9 the ass#s cl the c￿ty wd nlN)n and offraud arKI olher irroguk4rlile& 19 2026 and *reJ lis behjlf by: Khayaml. fn INDEPENDENf EXAMINER'S REPORT TO THE TRusfEES OF THE KHAYAMI FOUNDATION Independent examinetrs report to the trustee$ of The Khayaml Foundatlon I report to the charity trustees on my examlnatlon of the ￿coUnts of The Khayam5 Foundation (the Tnjst) for the year ended 31 D￿rnber 2025. Responslbllltles and bas1$ ol report As the d)a¥lty trustees of the Trl￿ you are re5pJnsitAe for the prepardtion OF thè accounts In accordan￿ with the requirem￿lS of the Charitie5 Act 2011 ('the Acv). I rep)rt In reyrt of my ex￿nIna￿￿ of the Trusvs accounts carrl&J out under Section 145 of the Act and in Car￿n9 cAJt my xamlnation I have followèj all applicable Directl)ns glven by the Chadty Commission under Section 145(5}(b) of the kt. Independent eumIne￿$ statement I have completed my examination. I conflrrn that no material matters have come to my atterbyon In conne£Uon the examination gfvin9 me cause to believe that In any materlal rw.. aCtr￿ntkn9 r￿ordS were not kept In resp￿ of the Tr￿ as ￿luIred by Sectlon 130 of the Act; or the accounts do not accord wlth th¢)se records,. or the accounts do not cornpty with the appllcable w￿ra￿ents corKernlng the fomi and of accounts *t out In the Charltles (kcounts and Rephjrts) Regulatbons 2008 other than any requlrement that the accounts glve a true and falr vlew whlch 15 not a matter conskiered as part of an independent examination. I have no concems and have come across no other matters In connectlon wlth the examlnaibn to whlch attentlon should be drawn In thls report In order to enable a proper understsndlng of the accounts to reached. Jonath Askew FCA Hartley Fowler LLP Charter￿1 Accountants 4th Floor Tuition House 27-37 St G￿r9e'S Road mbledon London SW19 4EU 18 July 2026 THE KHAYAMI FOUNDATION srATEMENT OF FINANCIAL ACTIvrrIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Unr*lrted fijnd 2024 Total funds INCOME AND ENDOWMENTS FROM Donations and le9ades 43,750 270 272 Investment Income 25,270 44,022 Totjl EXPENDITURE ON Charftsble actlvltl•# Charttabk aCtfvit￿s 37,006 46,000 (11,736) (1,978) NEf INCOMEI(EXPENDrnIRE) RECONCZUATION OF FUNDS Ti)tsl fund$ brought fornard 20,996 22,974 20,996 TOTAL FUNDS CARIUED FORWARD 9,260 rths form partofthese finarKlal statvnerts THE KIIAYAMI FQUNDATION ALANCE SHÉEr 31 DECEMBeR2025 202S Tut fuThas 2024 Toial fijnds Notss CURRÉNT AgSErs Cath at bxnk 11,617 23,171 CRtorn Amcwnts falllrvJ due Vrtth￿ one year 11357) (2,175) 9.260 20,996 TOTALASSEfs iE5S aiRRENT UABZ 20,996 9,260 20,996 FUt4DS 9,26D 20,996 TOTAL FUNDS 9,260 20.996 The flnèndDI *aiernnbwere appr￿ed by th bthaff bv.. Boatd clTnthes aThl IDr Is&* on 19 May 2026 and were &grted M Its A Klwarnl. ie5fryrn part THE KHAYAMI FOUNDATION NOTES TO THE FINANCIAL STATEMErirs FOR THE YEAR ENDED 31 DECEMBER 2025 GENERAL INFORMATION The tharty Is a UK-based charltable tnJ5t. The address of its registered office Is 4th Hoor, Tuit￿￿ How, 27-37 St George's Road. Wlmbledon, London SW19 4EU. The reglstered number of the charfty is 1083433 The financial Information presented Is for the year ended 31 Derember 2025 and Is presented In 5terllng. ACCOUFUING POLICIES Basls of preparlng the flnandal Jtatements The financlal ststements of the tharfty, whlch Is a public bwlent entity under FRS 102, have be￿ prepared in accordan wSth the CharSties SORP (FRS 1021 'Accounting and Reporting by Charltles: Ststement of Recommended Pfacti appliCa￿e to charities prepadng their accounts In accordance with the Flnancial Reportlng Standard applicable Sn the UK and Republlc of lyeland IFRS 102) (effecbve l January 20191,, Financlal Reporting Stsndard 102 The Finanoal Reportlng Standard applicable Sn the UK and Republic of Ireland, and the CharStles Act 2011. The flnanclal statements have b prepared under the hlstoital cost convent*)n. Golng concern The trustees conslder that there are no material uncert3lnties about the charlvs ablllty to cononue as a goiThJ cOn￿M. In future years, the key rlsks to the charity are a fall In Income. The trustees have a serles of rneayjres to control, M￿gate and mlnlm15e the effects of a fall In Income, Indudlng a prudent reserve5 p)Ilcy. Hnanclal reportlng standard IOZ- reduced dlsdosure exemptlons Thè charlty ha5 tsken advantage of the followSrrfJ dlsclosure exemption In prepadng these ftnandal ststemenis, a5 ermltted by FRS 102 'The ￿nancIal Reportlng Stsndard appllcable In the UK and Republlc of Irdand,: the requIr￿ents of Sertlon 7 Statement of Cash Hows. Income All income Is recognlsed In the Ststement of Finandal Activitles 0￿ the charlty has ￿tI￿eM￿t to the fvnds, It is probatAe that the Income wlll be ieceNed and the amount can be mea5ureiJ rellably. The followln9 spedfic polldes opply to the caWorle5 of Income.. 11 Donauons and glft ald a￿ r￿nIsed when the charlty has been ￿tITi￿j In wrftlng of both the amount and settlement (L3te. 11) Inkrest on fund5 held on deposlt 55 Induded when recelvable and the amount Can te measured ￿lIablY by the chty,. thls is nomially upon noilfication of the Interest pald or payable by the bank. Expendlture liabilities are recognlsed as expenditure as soon as there Is a ￿al cf construthve obl￿atIon commitung the chwlty to that expendlture, 11 Is PTDbable that a transfer of economic benefits will be requlred In settlement and the arnount of the obligation can be measured reliably. Expendlture Is accounted for on an accruals basls and has been classifled under headin9S that aggregate all c(Ist related to the category. Whwe costs cannot be d￿re￿Y attributed to partiojlaf he&Jings they have been allocated to attlvitles on a basls consistent with the use of resou￿5. Grants offered subject to condI￿onS whlch have not been met at the year end late are noted as a commlknnent but not accrued as expendlbjre. Charltable actlvitles Charltable expendlbJre comprfses those costs incurred by the charity in the delivery of Its actlvities and seNkes for ts beneFicSarfes. It includes both costs that can be allocated to gxh acbvttles and those costs of an indi￿t nbbjre nwsary sUp￿rt them. Governan¢e cogts Govemance costs Include those costs incurred In the g0veMan￿ of the charity and compri* the productbn of the statytory accounts and the Independent examinatlon. Taxatlon The charty Is e￿pt from tax on Its charitable acbvities. THE KHAYAMI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2025 AccouKfING POLICIES- contlnu Fund accountlng Unre5trscted furKls can be used in XCOrdan￿ wlth the tharitable objectives at the dlscretion of the trustee5. Restricted funds can only be used for particular r*lLted purposes Withln the objetts of the charlty. Restrfcdons arlse when speclfied by the donor or when fvnds are ra15ed for particular restricted purposes. Further explanatlon of the nature and ol each fund15 induded In the notes to the financlal ststements. Flnanclal Instruments The charity only has financlal Instruments of a kind that qualify as bast flnanclal Irsstrumwts. Ba￿¢ flnanclal instruments Jre Inltlally recognlsed at transarth)n value and subsequenty measured at thelr settlement V￿Ue. Cash •t bank Cash at bank indudes bank ijep051ts and short term hlghly Ilqukl Investments wlth a sh¢Jrt maturity of three months or l&ss from the dats of acqulsitSon or openlng of the dep055t or slmllar account. Debtor• Trade and other debtors ore ￿nised at the seiyement amount due. Prepayments we recoynlsed at the InvoSce(J cost prepald. Credltors Credliors are rKognlsed Wtr￿n the charfty has a present obllgatlon result5ng frcffl a past event that wlll p￿bablY results In the transfer of funds to a thlrd paty and the amount due to setue the obllgadon can be measured or estimated rellatrAy. Creditors are nomially recognL5ed at the settlement amount. DONATIONS AND LEGACIES 2025 2024 Donailons Glft ald 25,000 35,000 8,750 25,000 43,750 INVEsfMtNr IMCOME 2025 2024 DePO￿t occount InteTest 270 272 GRANTS PAYABLE 2025 2024 Charltsble actmties 35,000 41,500 The totsl grants pold to InsUtudon5 durlr@ the year was as follows: 2025 2024 Llbrnry for Iranian Studies Chelsea & Weslmlr￿r Hosp￿1 35,000 25,OlXI 16,500 35,C4)0 41,5C(I THE KHAYAMI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2025 SUPPORT cosrs GovfJnance charItsb￿ xtivities 2,OD6 gJpkXIrt C05t5, Included in the atove, are as follows: Governance ¢osts 2025 (￿rItab attivlues 2024 Total tivtbes Independent examlner fees 2,006 4,5CrfJ TRUSTEES, REMUNERATION AND BENEFITS There were no tru5tees' remUnerd￿0n or other benefits for the year end&J 31 December 2025 I￿r for the year ended 31 D￿mter 2024. Tru•t¢u' expenM• There were no trustees, expenses pald for the year ended 31 December 2025 nor for the year ended 31 December 2024. CREDrroRS: AMQUIITS FALLING DUE wrrHIN ONE YEAR 2025 2024 Other credltor5 2,357 2,175 MOVEMENT IN FUNDS Net movement In funds At 111125 31112125 Unregtrkted fund$ General fund 20,996 (11,736) 9,260 TOTAL FUNDS 20,996 (11,736) 9,260 Net movement In funds, Included In the above are as folbws: Incomlng Movanent fund5 expetvjed Unrestrkted funds General fund 25,270 (37,IxI6) (11,736) TOTAL FUNDS 25,270 (37,006} (11,736) THE KHAYAMI FouNDA￿oN NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR Et4DED 31 DECEMBER 2025 MOVEMENT IN FUP4DS- contlnued Comparrtlveg for moven*nt In funds Net At 31112124 At 111124 in fund5 Unrestrlcted funds General fund 22,974 (1,978) 20.996 20,996 TOTAL FUNDS 22,974 (1,978} Compar3tive net movement In fuTrJs, Included in the above are as follows: IncomlThJ resource5 Movement In fvnds exFended Unrejtrlcted fund• General fund 44,022 (46,000) (1,978) TOTAL FUNDS H,022 (46,000> (1,9781 io. RELATED PARTY DXSCLOSURES Durfng the year the Foundavon I￿1Ve￿ donatlons of £25,C#)D12024- £35,000) from a trustee. -i(