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← Forward Thinking

2025-07-31-accounts

Charity registration number 1105206 (England and Wales)

FORWARD THINKING ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

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FORWARD THINKING

LEGAL AND ADMINISTRATIVE INFORMATION

Tee Tee Tee
Trustees WSieghart
S Holland
S Mordant
C Bake		 (Appointed 8August2025)
(Appointed20January 2025)
: D May
J Greenstock
L. Dowley
F Campbell
M Holland
C Donnelly
Charity number(England andWales) 1105206
Principal address 1 QualityCourt
ChanceryLane
London
Greater London
WC2A 1HR
Auditor XeinadinAudit Limited
36 Old Jewry
London
GreaterLondon
EC2R8DD

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FORWARD THINKING

TRUSTEE'S REPORT

FOR THE YEAR ENDED 31 JULY 2025 TTT

The trustees present their annual report and financial statements for the year ended 31 July 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP “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)".

Objectives and activities

The charitable trust was established on the 29th of July 2004.

The trust deed gives the trustees the power to apply the funds for the benefit of any charitable objectives. The trust's charitable objectives are to promote racial and religious harmony by such charitable means and in such parts of the world as the trustees determine from time to time, in particular but not exclusively by promoting more informed dialogue and understanding between different factions with same faith communities and between different faith and racial groups.

The focus of charitable activities has been to promote a more inclusive peace process in the Middle East, to reduce the potential for conflict across the Gul- MENA region, and to address the problem of social isolation of the Muslim community in Britain.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives The delivery of charitable activities rests with the Director, the Director of Programmes, and programme assistants. Over the course of the year the charity utilised the services of several interns and consultants.

Overview

During the year, we held a total of 507 meetings in our programmes. The number ranges from bilateral meetings to large conferences. We held many of our meetings and activities overseas, with expenditure rising accordingly. Despite the complex challenges facing the region, we have continued to work to implement the charity's core objectives, maintaining active engagement with our political, civil, and academic networks in Israel, Palestine, and the wider region through regular visits and daily communication. it is through this engagement that we have been able to respond to the needs of our interlocutors and ensure our analysis of developments in the region is accurate.

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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 in

Middle East Programme

We continued to engage a group of eight PA ministers, primarily from Gaza, in Ramallah through in-country visits. These ministers, including the Ministers of Justice, Labour, Health, and Education, sought assistance in governance, technical expertise, and connections with our international network of parliamentarians and policymakers.

in August, we successfully connected Dr. Sharhabeel Al Zaeem (Minister of Justice) with a South African legal expert involved in drafting South Africa's post-apartheid constitution. This online discussion shared concepts for rebuilding Gaza's legal system, with plans for an in-person seminar to follow.

In October, an introductory online session was held between Dr. Majed Abu Ramadan (Minister of Health) and the UK-based charity IDEALS, whose surgeons have extensive experience in Gaza. This aims to inform the Ministry of Health's efforts to address on-the-ground challenges.

On 23-24 February 2025, we convened a conference in Cairo, co-hosted with the Egyptian Ministry of Health and Population and the SHAF Centre, under the auspices of the League of Arab States. The PA Ministers of Social Development, Justice, Health, and Education presented their immediate priorities. International experts then developed actionable solutions in workshops to support Palestinian-led planning for restoring Gaza’s essential health, legal, education, and economic infrastructure and avert involuntary displacement.

A follow-up workshop was hosted in Amman on 9 April by HRH Prince El Hassan bin Talal to continue this dialogue with senior Jordanian officials and experts. A cross-party delegation of influential political advisors from the Knesset visited the UK and Sreland from 28-31 October. The visit, which was delayed and faced challenges due to the ongoing conflict, aimed to explore the relevance of the 1998 Belfast/Good Friday Agreement process to the Israeli-Palestinian context. Participants met with key figures, including former Irish Taoiseach Bertie Ahern, and UK, Irish, and US government officials. Conversations revealed profound post-7 October trauma and an increased focus on "total victory,” perceiving the conflict as a struggle against “radical Islam" and citing a lack of viable Palestinian peace partners. Delegates showed little interest in meaningful Palestinian self-governance. A follow-up meeting in the Knesset in November ied to the decision to convene a future conference in Jerusalem with Irish/Northern Irish leaders and alumni of our Irish Peace Process Programme.

A trauma expert was introduced to senior political advisors in Likud to discuss historical, community, and individual trauma in Israeli society, with the idea of developing a ‘trauma-informed Knesset' to support societal healing. We met with the newly elected Ashkenazi Chief Rabbi of Israel, Rabbi Kalman Meir Ber, who reaffirmed his commitment to peace and decreasing tensions at the Temple Mount/Haram Al Sharif (TM/HAS). He sent a positive message on interfaith relations to HRH Prince El Hassan bin Talal of Jordan. We continued to convene online discussions to allow our international network of diplomats and political figures to hear diverse perspectives from key figures. These included academics from the Iranian IPIS think tank, Dr. Mustafa Barghouti (Palestinian National Initiative), and opposing viewpoints on stalled ceasefire negotiations from Dr. Basem Naim (former Gaza Health Minister) and Ariel Bulshtein (former special advisor to Benjamin Netanyahu). Oliver provided commentary to over 130 national and international television and radio programmes, including BBC's HARDTalk, to share analysis of developments in the conflict. We facilitated connections between media, such as the BBC, and local organisations like SEEDS in Nablus.

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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

eee UKProgramme

Three members of the UK programme took part in the WSF conference held in Belfast in January 2025. These roundtable discussions created opportunities for engagement with government ministers, a cross-party group of Members of the Legislative Assembly (MLAs), and senior representatives of the Police Service of Northern Ireland (PSNI). Conversations focused on the rise of Islamophobia, far-right mobilisation, and broader social pressures affecting diverse communities.

Additionally, a series of online roundtables with women parliamentarians from across the WANA region and Europe has addressed growing concerns about escalating !slamophobia and far-right extremism in Europe.

We have also continued to hold regular bilateral meetings with members of our network, including in-person engagements with parliamentarians in the House of Lords. Women for a Sustainable Future (WSF) Network

Over the current financial year, the WSF network has held nine online meetings addressing a range of critical issues, including the effects of water scarcity on women’s livelincods in Europe and the West Asia and North Africa (WANA) region, the gendered impacts of rising Islamophobia in Europe, and the ongoing humanitarian crisis in Sudan. The WSF has also convened twice in person this year. in January 2025, members met to discuss the rise of Islamophobia and far-right extremism in Europe, as well as the public health implications of increasing water scarcity. In July 2025, the network met in Amman under the Patronage ofHis Excellency Mr Faisal Al-Fayez, President of the Jordanian Senate, and with the support of Jordan’s Minister of Social Development, H.E. Wafa Bani Mustafa. Discussions centred on developing effective care-economy policies and identifying policy responses to water scarcity in both the WANA region and Europe.

Plans for the future period

We will continue to work on supporting the restoration of Gaza's social fabric in the legal and education sectors to prevent the involuntary displacement of Palestinians and to support the development of a Palestinian-led recovery effort, Additionally, we wili engage our network of influential political and religious leaders from across the spectrum in Israel and the oPt to support dialogue on the challenges and potential opportunities that they face in leading their constituencies towards a durable, just, and realistic settlement to the conflict.

We will continue to engage at the international level to share analysis of the challenges and opportunities facing the Gulf-MENA region. In the coming year, the WSF will build on its recent discussions by strengthening collaboration between women leaders in the WANA region and Europe and by supporting the development of practical, gender-responsive policy solutions. The network will continue to convene regular exchanges and help translate shared insights into meaningful action at national and regional levels,

Moving forward, the UK Programme will expand opportunities for constructive dialogue between British Muslim communities and policymakers, with a focus on addressing rising Islamophobia and social exclusion. We will continue to support young people's political and civic participation, strengthen relationships across our diverse network, and create trusted spaces where concerns can be openly discussed and solutions developed.

Fundraising activities The charity does not have any material fund raising activity objectives set. When needed, the trustee's and management will raise funds from trusts or individual donors who are invited to support the work. There are a few small donations from individuals who visit the charities website.

Financial review

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FORWARD THINKING

TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

The trustees who served during the year and up to the date of signature of the financial statements were: W Sieghart S Holland (Appointed 8 August 2025) S Mordant (Appointed 20 January 2025)

C Bake D May J Greenstock

L Dowley

F Campbell

M Holland ; C Donnelly

Recruitment and appointment of trustees There must always be at least three trustees, Apart from the first trustee, every trustee must be appointed for a term of three years by a resolution of the trustees passed at a board meeting.

In selecting individuals for appointment as trustees, the existing trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

The existing trustees must make available to each new trustee on their appointment:

A) Acopy of the Trust Deed B) A copy of charity's latest annual report and the financial statements C) Acopy of the charity's conflict of interests policy and a declaration of interests D) A trustee’s eligibility declaration form E) A copy of the charity's governance code F) A copy of the “Essential Trustee”

Organisational structure The board is made up of ten trustees who meet on a quarterly basis and who are responsible for the strategic direction and policy of the charity.

The trustees have delegated the daily running of operations to Oliver McTernan, who acts as the charity's Director.

Statement of trustee's responsibilities The trustees are responsible for preparing the Trustee's 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 and 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 year.

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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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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;

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 trust deed. 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.

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The trustee's reportepee by the Board of Trustees.
W Sieghart \
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J Greenstock
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INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FORWARD THINKING

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Opinion

We have audited the financial statements of Forward Thinking (the ‘charity’) for the year ended 31 July 2025 which comprise the statement of financial activities, the statement of financial position and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF FORWARD THINKING

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Responsibilities of trustees

As explained more fully in the statement of trustee's responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irreguiarities, including fraud, is detailed below.

As part of designing our audit, we determined the materiality level and assessed the risks of material missstatement in the financial statements, including how fraud may occur by enquiring of management of its own consideration of fraud. In particular, we looked at where management made subjective judgements, for example in respect of significant accounting estimates that involved making assumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. As part of this discussion we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor these processes, Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management.

Discussions with and enquiries of management and those charged with governance were held with a view to identifying those laws and regulations that could be expected to have a material impact on the financial statements. During the engagement team briefing, the outcomes of these discussions and enquiries were shared with the team, as well as consideration as to where and how fraud may occur in the entity. The following laws and regulations were identified as being of significance to the entity:

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FORWARD THINKING

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 JULY 2025

FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025 FOR THE YEAR ENDEDYEAR ENDEDENDED 31 JULY 2025JULY 20252025
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Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
Notes £ £ £ £ £ £
Income from:
Donations andlegacies 3 638,122 328,217 966,339 345,570 391,077 736,647
Total income 638,122 328,217 966,339 345,570 391,077 736,647
Expenditure on:
Charitable activities 4 80,235 617,943 698,178 73,373 527,149 600,522
Total expenditure 80,235 617,943 698,178 73,373 §27,149 600,522
Net income/(expenditure) 557,887 (289,726) 268,161 272,197 (136,072) 136,125
Transfers between
funds (350,000) 350,000 - (30,000) 30,000 -
Net movement in
funds 6 207,887 60,274 268,161 242,197 (106,072) 136,125
Reconciliation offunds:
Fund balances at 1 August
2024 243,768 19,758 263,526 1,571 ; 125,830 127,401
Fund balances at31 July
2025 451,655 80,032 631,687 243,768 19,758 263,526

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 11 to 19 form part of these financial statements.

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STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2025

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2025 2024
Notes £ £ & £
Fixed assets
Property, plantand equipment 10 3,329 7,099
Current assets
Trade and other receivables 11 3,550 15,778
Cash atbankand in hand 595,218 276,992
598,768 292,770
Current liabilities 12 (70,410) (36,343)
Net current assets 528,358 256,427
Total assets less current liabilities 531,687 263,526
Thefunds of the charity
Restricted incomefunds funds 14 80,032 19,758
Unrestricted funds 15 451,655 243,768
531,687 263,526
The notes on pages 11 to 19 form part ofthese these financial statements.
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WSieghart JGreenstock

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FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Charity information

The charity is an unincorporated charity operating in the United Kingdom. The address of the registered office and principal place of business is Forward Thinking, 1 Quality Court, London, WC2A 1HR.

1.1. Basis of preparation The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)" ~~.~~ The charity is a Public Benefit Entity as defined by FRS 102 ~~.~~ The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows ~~.~~ The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view ~~.~~ This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn ~~.~~

The financial statements have been prepared under the historical cost convention ~~.~~ The principal accounting policies adopted are set out below.

1.2 Going concern

1.3. Charitable funds

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used ~~.~~ The purposes and uses of the restricted funds are set out in the notes to the financial statements ~~.~~

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received ~~.~~

Cash donations are recognised on receipt ~~.~~ Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation ~~.~~

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset ~~.~~

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably ~~.~~

Expenditure is classified by activity ~~.~~ The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources ~~.~~ Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use ~~.~~

1.6 Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses ~~.~~

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers

25%

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities ~~.~~

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any) ~~.~~

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments ~~.~~

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument ~~.~~

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously ~~.~~

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest ~~.~~ Financial assets classified as receivable within one year are not amortised ~~.~~

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FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

(Continued)

Basic financial liabilities

Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest ~~.~~ Financial liabilities classified as payable within one year are not amortised ~~.~~

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method ~~.~~

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers ~~.~~ Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non ~~-c~~ urrent liabilities ~~.~~ Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled ~~.~~

1 ~~.~~ 9 Employee benefits

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits ~~.~~

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due ~~.~~

2 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant ~~.~~ Actual results may differ from these estimates ~~.~~

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted Unrestricted Restricted Restricted Total Total Unrestricted Unrestricted Restricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 568,122 ~~-~~ 568,122 317,421 ~~-~~ 317,421
Grants 70,000 328,217 398,217 25,000 391,077 416,077
Other - - - 3,149 ~~-~~ 3,149
638,122 328,217 966,339 345,570 391,077 736,647

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FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

4 Expenditure on charitable activities

Programme Programme
s s
2025 2024
£ £
Direct costs
Staff costs 274,960 275,847
Martha memorial fund 1,008 5,787
Travel 64,937 61,684
Consultancy fees 906 ~~-~~
Workshop costs 25,259 23,821
Research, books etc 452 333
Accomodation 23,230 24,971
Subsistence 5,850 4,538
Passports & Visas 1,181 1,032
Flights ~~-~~ Delegates 113,679 29,305
Taxi, Train bus & coach~~- ~~ internal transport delegate
20,922		 19,704
Accomodation ~~-~~ delegates 73,276 25,758
Subsistence ~~-~~ delegates 2,886 4,988
Helsinki Policy Forum 1,238 13,305
HPF Steering Group 1,776 10,770
Other charitable expenditure 6,383 25,306
617,943 527,149
Share ofsupport and governance costs (see note 5)
Support 80,235 73,373
698,178 600,522
Analysis by fund
Unrestricted funds 80,235 73,373
Restricted funds 617,943 527,149
698,178 600,522
5 Support costs allocated to activities
Programmes Total
2025 2024
£ £
Governance 80,236 73,373

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FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

5 Support costs allocated to activities

(Continued)

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |2025|2024| |Governance|costs|comprise:|£|£| |Audit|fees|9,000|9,000| |Accountancy|7,084|1,602| |Legal|and|professional|570|448| |Support|costs|63,582|62,323| |80,236|73,373| |6|Net|movement|in|funds|2025|2024| |£|£| |The|net|movement|in|funds|is|stated|after|charging/(crediting):| |Fees|payable|for the|audit|of the|charity's|financial|statements|9,000|9,000| |Depreciation|of owned|property,|plant|and|equipment|3,771|3,410|

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7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

8 Employees

The average monthly number of employees during the year was:

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|||||| |---|---|---|---|---| |2025|2024| |Number|Number| |5|5| |Employment|costs|2025|2024| |£|£| |Wages|and|salaries|251,374|249,444| |Social|security|costs|20,018|23,063| |Other|pension|costs|3,568|3,340| |274,960|275,847|

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~~-~~ 15 ~~-~~

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FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |12|Current|liabilities| |2025|2024| |£|£| |Other|taxation|and|social|security|4,519|7,337| |Other|payables|24,335|8,259| |Accruals|and|deferred|income|41,556|20,747| |70,410|36,343| |13|Retirement|benefit|schemes| |2025|2024| |Defined|contribution|schemes|£|£| |Charge|to|profit|or|loss|in|respect|of defined|contribution|schemes|3,568|3,340|

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The charity operates a defined contribution pension scheme for all qualifying employees ~~.~~ The assets of the scheme are held separately from those of the charity in an independently administered fund ~~.~~

14 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used ~~.~~

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |At|1|August|Incoming|Resources|Transfers|At|31|July| |2024|resources|expended|2025| |£|£|£|£|£| |Women|for|a|sustainable|future| |fund|19,758|137,434|(135,909)|-|21,283| |Middle|East|fund|-|155,783|(480,783)|350,000|25,000| |UK|Programme|fund|-|35,000|(1,251)|-|33,749| |19,758|328,217|(617,943)|350,000|80,032| |Previous|year:|At|1|August|Incoming|Resources|Transfers|At|31|July| |2023|resources|expended|2024| |£|£|£|£|£| |Women|for|a|sustainable|future| |fund|-|140,000|(120,242)|-|19,758| |Middle|East|fund|125,830|251,077|(406,907)|30,000|-| |125,830|391,077|(527,149)|30,000|19,758|

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~~-~~ 17 ~~-~~

FORWARD THINKING

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025

14 Restricted funds

(Continued)

The Middle East fund is for usage in conflict resolution across the Middle East area. The Women for a sustainable future fund is for usage in addressing the impacts of climate change, global health challenges, and economic instability on women.

The UK program is for usage in challenging UK policies that affect British Muslims ~~.~~

During the year the charity incurred significant expenditure on the Middle East programme work undertaken, to supplement the income of the fund the trustees transferred unrestricted income to this fund of £350,000 ~~.~~

15 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used.

At1August At1August At1August Incoming
Resources		 Incoming
Resources		 Incoming
Resources		 Incoming
Resources		 Transfers Transfers At 31 July At 31 July At 31 July
2024 resources
expended		 2025
£ £ £ £ £
General funds 243,768 638,122
(80,235)		 (350,000) 451,655
Previous year: At 1 August Incoming
Resources		 Transfers At 31 July
2023 resources
expended		 2024
£ £ £ £ £
General funds 1,571 345,570
(73,373)		 (30,000) 243,768
Analysis Analysis Analysis Analysis Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
2025 2025 2025
£ £ £
At 31 July 2025:
Property, plant and equipment 3,329 ~~-~~ 3,329
Current assets/(liabilities) 448,326 80,032 528,358
451,655 80,032 531,687
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
At 31 July 2024:
Property, plant and equipment 7,099 ~~-~~ 7,099
Current assets/(liabilities) 236,669 19,758 256,427
243,768 19,758 263,526

16 Analysis of net assets between funds

~~-~~ 18 ~~-~~

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