,JJL LANTERN OF KNOWLEDG EDUCA TIONAL TRUST Charity Registration Number: l 111331 Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 September 2025
ConteDt5 of the fiiDaDciAI Stfitcment$ for the Year Ended 30 September 2025 P8g¢ Rcporl of the Trustees 3to6 Independent Eiamlner's Report Stgt¢mellt of FIDAn¢lal A¢tlvltles Balance Sheet Cash Flow St#t¢mtnt 10 Notes to the Cash Flow Stateent Notes to the Flnanclal Slatemellls 12 to 17 Detailed Statement of Flllatselal Activities 18 to 19
LANTERN OF KNOWLEDGE EDUCATIOIYAL TRUST Charity Registration Number.. l 111331 TRUSTEESI REI PORT For the Year Ended 30 September 2025. The Trustees of Lantern of Knowledgc Educational Trust {"the Trust") present their annual report and financial statements for the year ended 30 September 2025. The report has been prepared in accordance with Part 8 of the Charities Act 2011 and the Statement of Rccommcnded Pra¢ti¢e.' Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Rcporting Standard applicable in the LfK and Republi¢ of Ireland (FRS 102). I. OBJECTIVES Af4D ACTIVITJES The principal objectives of the charity are.'_ To advallce cducation, both secular and religious (Islamic). To advance the religion of Islam in accordarLCC With the doctrines of Sunni Islam. - To promote religious harniony between differing cultures, faiths and conununilies. To advancc a greater understanding of the Islamic faith alld its true values of mercy> compa8sioTh and peace. The Trust operates through two kcy projects.. - Lantern of Knowledge Boys, Secondary School Jamia Siraj ul Uloom (Islamic tnstitute) TFLe Trustces confirn) that they have referred to the guidance contained in Ibe Charity Comms88iOn'8 gelleral guidance on public benefit whcn rcviewing the Trust's aims and objectives and in planning fvture activilics. The activitics undcrtakcn during Ihc year Continue to demonstrate clear public benefit through education, cotnmunity engagement, and religious and moral dcvclopm¢nl initiatives. The Trust's services are open lo people of all backgrounds and actively promote comtnullity cohesiots and the values of mutual respect and tolerallce. 2. ACHIEVELVIENTS AND PERFORMANCE Throupjout thc year, Lantern of Knowledge Educational Trust continued to lfIl its charitable objectives by providing high-quality srcular and Islami¢ education through Lantern of Knowledge Boys, Secondary School and Jamia Siraj ul Uloom. The Trust remaincd committed to advancing education, promoting Islamic values, fostering good citizenship and supporting Ihc spiritual, moral, social and eultural development of Éts pupils in accordance with its charitable purposes. The Trustees are pleased to report another successful year of educational delivery despite an increasingly challcnging financial environment. The Trust continued to provide all inclusive Icarniug cnvironment that enabled young people from diverse baekgrounds to achieve academically> develop confidcncc and resilicnce, and contribute positively lo Ihcir communities. During the academic ycar, thc s¢hool ¢du¢ated more than one hundred pupils. with sixteen students succcssfully ¢ompleting their GCSE studies. Pupils achieved po.qitive outcomes across a broad range of academic subjects, reflecting the dedication of staff and Ihc committn¢nt of sdentS and their families. Alongside academic a¢hi¢vement, four students successfully compl¢lcd Hifz programm¢s and three studenls graduated from the Alimiyyah programtne, demonstrating the Trust's continued ¢ommitment to excellence in both secular and Islamic education. The Trust delivered a comprehensive progratnmc of enrichment 4¢1ivities designed to broaden pupils, educational experiences beyond the classroom. ThrouOUt Ibe year* pupils participated in educational yisits to universities, mus¢ums, cultural institutions, science centres and Icading organi¥ulion$, together with eareers events. sporting competitions. environmental initialivcs and pcr80nal dcvclopment programmes. These activities enhanced acad¢mic learning, encouraged aspiration towards highcr education and pi'ofesstonal careers, promoted healttiy lifestyles, and strengthened pupils, understanding of British values, citizenship. diversily and community r¢sponsibility.
Thc Trustees continiied lo invest in improving tlie ediicmtional environiiienl and opei'ational infrasti'iictiire. DLiring the year, enhan¢eiDenls wei'e Inade to tlie Trust's iiifoi'malion leclinology syslei))s, incliidiiig iiiiprovements lo Ilie IT laboialoiy> wireless nelwoi'k and cloiid_based services, ¢i)suring Iliat piipils and staff benefited fi'oin I'eliable and Iiiodeln digital I'esoiir¢¢s. Ongoing I'epairs and iiiainÉenance ivei'e also undertaken aci'oss the preniises lo piovide a safe, se¢iire and effective leai'iiing eiivii'onillcnl. Coinpi'ehensive liealtli aiid safety ari'aiigenienls remaii)ed in place, suppoi'led by I'egulai. slatutoi'y inspections, iiiainlenance progi'ainines and coinpliance oniloring. The Trust ivas partlCLilarly pleased to I'¢¢eive Transpoit for London Gold Acci'edilalion in i'ecognition of its coiilii)Iie(I coininiliiient to Ploinoting siistaii)able Ii'avel, road safety, envii'oniiiental awai'eness and healil)y lifestyle5. Tliis awai'd reflecls the Ti'llst's widei. coinmitineiil lo educating i'esponsible and active cilizei)5 wliilst siipportii)g the wcllbeing of piipils and tlie local coiiiiniinity. The Trustees believe that the charity conliniies to deliver significant Pliblic benefit Ihi'oiigh ihe provision of ac¢essible education, faiil) devclopmcnt and coini))unity engageinent. In planning and Irviewing the Trust's activities, the TrLlStees Iiave had due regai'd lo the Charity Commission's giiidance on piiblic benefit and remain satisfied that tl)e chai'ity's activities continue to advance ils cllaritable piii'poses for the benefit of ils pupils. tlieii. fainilies and tl)e wider coinmiinity. Looking al)ead. Il)e Trustees reii)ain coi))Initted to i))aintaining high ediicalional standards, investing in teaching and learning, strengthening coiiiii)unity engdg¢inent and ensui'ing Ihe loiig-lerin SLlStainability of tl)e Triisl so that it Inay conlit)iie to serve futiii'e gei)ei'ations. 3. FINANCIAL REVIEI W Tlie cl)ai'ity's total incoin¢ for the year amoiinted to £611,835 {2024'. £590.681) whilst expenditure increased to £671.654 (2024.. £601,568), Irsiilting in a net deficit of £59,819 for the yeai.. Despite this operating deficit, the Ti'iistees are satisfied that Ihe ¢harity continiies lo have a sli'ong asset base, with nel assets of £1.13 million, including freeliold property assets of £1.50 Inillion. Tlie deficit ai'ose principally from significant ii)creases in operating costs resiilting froin cl)anges iii the economic and legislative eiivironinenl rather than any I'ediiction in demand foi. the Ti'iist's edu¢ational services. During the year. staffing costs increased as a conseqlience of increases in Il)e National Living Wage together witli chai)ges to etnployeis, National Insui'ance contribiitions, iiiclliding both the rediiclion in the eai'nings tlii'esliold at which employer National Insiii'ance becomes payable and th¢ increase in the employei. conti'iblltioi) l'ate. As staffing costs repi'esent the Trust's larg¢st area of expeiiditiire, these cl)anges had a significaiit impact on the charity's operating costs. In addition, the withdrawal of charit8ble business lates relief from April 2025 IEsiilted in a substantial increase in property-i'elaled expenditure, placing fui'ihei. presslire on the Ti'LlSt's financial resoiii'ces diiring the year. The Trustees are also Inindfiil of tlie widei. financial pi'essures affecting the families served by the Trust. The Inajority of pupils coi))e froin woi'king and loivei'_incoine holiseliolds whose parenls make considei'able financial sacrifices to provide their childi'en witl) a liigli-qualily education within an Islainic environiiieiit. Tlie ii)trodiiclion of VA T on indepei)dent school tuilioi) fees has inci'eased the financial burden on Inany of these faniilies, pai'liciilai'ly those witli moiE Il)an one cl)ild attending the school. The Trusl¢es I'einain coniinitted to keeping ediicalion as ac¢essible and affordable as possible whilst Inaintaining the quality of edu¢alion and pastoral care provided by the Triist. The ¢0inbiiied effect of these inci'eased operating costs l)as placed pressiii'e on the Ti'ust's operatii)g casli flow. Tlie Ti'LlStee5 lllollltor Cash flow closely tl)I'ough regiilai. finai)cial repoi'ling, biidgeling and foiEcasling lo ensure tliat tl)e cliarily conliniies to Ineet its fiiiancial obligations and Inaintain tlie deliveiy of ils cl)aritable aclivilies.
In response lo these finan¢ial challenges, the Trustees havc commcn¢ed a programme of financial sustainability and cost managemelll. This illcludcs reviewing expendire across all areas of Il)¢ Trust. identifying operational ¢fficiencies. strengthening fundraising activities. pursuing grant funding opportunitics. increasing the utilisation of the Trnst's facilities to generate additional income and maintaining prudent financial controls. The Tru81¢¢s' obj¢¢tive is to reduce futhre operating defi¢i18, improve cash generation, rebuild unrestricted reserves and ensure the long-lerni financial sustainability of thc charity while continuing to fulfil its charitable objectives. Whilst the Charity reported a deficit during the y¢ar and experienced a reduction in ¢88h reserves, the Trustees remain satisfied that the Charity has 8uffi¢ient 118sets and support to continue its activities and meet its obligations. The Tru81 ha8 the option to approacb supporters for short lerni inter¢st-free loans to help for liquidity as and when required. 4. RESERVES POLICY Thc Trustces have adopted a reserves policy aimcd at building and maintaining free rcscrvcs Sufficient lo cover essential opcrating cxpenditure. At the year end, the charity's l¢v¢l of fr¢e reserves was below this largcl bccause of the operating dcficit and redu¢lion in cash balances. The Trustees are implementing measures to improve liquidity and rebuild free rcserve8 progressively. The charity's llnrestricted funds al 30 S¢plember 2025 were £1.130.228, substantially ffpre8enled by tangible fixed ass¢ls. After excluding fixed assets and taking account of ¢urrent assets and liabilities, Ihc charity did not hold positive frcc reserves at the year end. The Truslecs recognise the resulting liquidity risk and hayc priorilised rebuilding accessible unrestricted reserves through cost control, fundraising including temporary intcrcst-free loans and improved caskn gcncration. 5. INVfi STMENT POLICY The Trust does not hold any long-lerm investments but receives rental income from the hire of ils premises during wcckend8. Th¢ Trustees keep inveslmcnt options under review with the aim of safcguarding Capital and acbieving an appropriatc return ¢ongistent with the charity's objcclive8 and risk profile. 6. RISK MANAGEI MENT The Trustees asscss Ihc Inajor risks facing the charity, includiug cdu¢2tional. financial, operational and reputational risks. These arc mitigated through ongoing review of poli¢ie8, regular compliance checks, and engag¢ment with independent school improvement partners. The charity maintains safeguarding protocols, fin8n¢ial controls, and health and saf¢ty fr8m¢works to ensure robust govcrnan¢e and compliance with legal aThd regulatory obligations. 7. STRUCTURE, GOVERNANCE AI¥ID MANAGEI MENT The Lantem of Knowledge Educational Trust is govcrn¢d by a trust deed dated 20 September 2004, amended by supplemental dccd dated 14 September 2005. The Trust is a registered charity (No. l 111331) and is managed by a board of Trustees who tncct regularly and delegate operational rcsponsibility to the Head Teacher and senior staff. TFUSt¢es receive inducliotl and ongoing training as needed to fulfil thcir governan¢e duties. The organisalion is supported by a team of approximately 34 staff members and several volunteers. The Trustees are responsible for setting the strategic dircction asld ensuring eompliance. wliile day-to-day operations are led by the Head Tcachcr and administrative team. 8. PLANS FOR THE FUTURE Stralcgkc developinents plallllcd includ¢.' Appointment of a Fundraising Manager to lead and strengthen incomc generation and external engageinent. Expansion of prayer and worship fa¢ilities to meet 0will8 community n¢eds. Conlinued etthancement of educational provision, facilities and dig?ilal inftastruclure. Strengthening of alumni rclation8 and donor engagement through improved communications.
- Prlncipal address 30-36 Lindlcy Road London EIO 6QT
- TRUSTEE INFORMATION The Trustees during the year wcre.. Imran Sidyol Farooq Ismailjee Ismail Sidyol
- knneer Badsha No Trustee received any remuneration or expcnses during the year. There were no related party transactions.
- Independent Examlner Salim Kala (Kala Atkinson) KALA ATKINSON Chartered Certifi¢d Accountants & Statutory Auditor8 43 Uplon Lane London E7 9PA
- GOING CONCERN In rcaching their going-coneern coThclusion, the Trustees rcvicwcd ca8h-flow forecasts covering at least twelve months from Ihc dale of 8pproval of the accounts, includillg forccast pupil fee in¢ome, payroll and premises costs, loan repaymellls and Ihc aDli¢ipaled etyecls of VAT and business rates. The foreca81s are monilor¢d regularly, and mitigating actions are availablc whci'e actual perforniance differs from budget. Thi8 report w he Board of Trustees on 14th July 2026 and signed on its behalf by.. Signature Imrdn Trustee.
Independent Examlner's Report to the Trustee$ Indep¢nd¢nt examlner's report to tb¢ trustees ofLANTERN ofi KNOWLEDGE EDUCA'fioNAL TRUST I report to the charity trustees on my examinatioll of the accoullls of LANTERN OF KNOWLEDGE EDUCATIONAL TRUST (the Trust) for th¢ year ellded 30 September 2025. Respon$lbilltl¢s and b8s1s of report As the ¢harity trllstees of the Trust you are responsible for thc preparation of th¢ a¢¢ounts in accordance with the requ¥remellts of the Charities Act 2011 ('Ihe Acty. I report in respect of my examination of the Trllst'5 accounts ¢Htried out under S¢ctiot) 145 of thc Act and is) ¢anying ollt my examination I h&ve followed all applicable Directions given by the Charity CoD]mission wider Section 145{5)(b) of the Act. Independent ¢xAminer's ststement Since your chaiily's gross income exceeded £250,000 your examiner musl be a metnber of a listed body. I can conr that l am qualified lo undertake th6 examination because l atn a metnber of th¢ Association of Chartered Certified Accountaiits, Ivhicb is one of the listed bodies. I have completed my cxaTnination. l Confimi that no material mat¢ers have come to my attention in connection wi¢h ihe exajnination giving me cause to believe that in any material respcct.. accounting records were not kept in re5PE¢t of the Trnst as requircd by Section 130 of the Act. or the accounts do not accord with those records. or the account5 do not comply with the applicable requirements concerning the form and content of accounts set out in the CharitlC8 {Account5 and Reports) Rcgulations 2008 other thart 3tJy requirement that the accounts give a true alld fair view which is not a m8tter considered as part of an ind¢pendent examination. I have no concem5 and have com¢ across no other Tnatters in Conntion with thc examination to which att¢ntion should be drawn in this report ill order to ettable a proper undcrstallding of th¢ accounts to b¢ reached. tkinson KALA ATKtNSON Chartered CertificdAccountants & Statutory Auditors 43 Uplon Lane IA>ndon E7 9PA Date..
LAE4TKRN OF KNOWLEDGE EDUCATIONAL TRUST Statement of Flnanclal Activiti&s for the Year Ended 30 September 2025 30.9.25 Total funds 30.9.24 Total Unrestricted fund Restricted fi]nds Notes INCOME AND ENDOWMENTS FROM I)onations and 16gacies 74,316 74,316 47,377 Other trading activities Investment incom¢ 529,519 8,000 529,519 8,000 535.954 7,350 Total 611,835 611,835 590.681 EXPENDITURE ON Charitable A¢tivities 671,654 671,654 601,568 NET INCOME (59,819) (59,819) (10,887) RECONCILJATIOFI OF FUNDS To¢al fwids brought fotward 1,190,047 1.190,047 1,2QO,934 TOTAL FUNDS CARIUED FORWARD 1,130,228 1,130,228 1,190,047
LAIYTERN OF KNOWLEDGE EDUCATIONAL TRUST Balance Slieet 30 September 2025 30.9.25 30.9.24 Notes FIXED ASSETS Tangible assets 1,503,328 1,516.299 CURRENT ASSETS Debtors Casb atbank and in hand 10 3,716 12,057 3.716 64,308 15,773 68,024 CREDITORS Amounts falling due within on6 year (44.624) (20,527) NET CURRENT ASSETS (28.851) 47,497 TOTALASSETS LESS CURREiYT LIABJLITIES 1,474,477 1,563,796 CREDITORS Amounts falling due after rnorc tban one year 12 (344,249) (373.749) NET ASSETS 1,130,228 1,190.047 FUNDS Unrcslricted fid8 14 1,130,228 1,190,047 TOTAL FUNDS 1,130,228 1,190,047 stateinents wer¢ approved by the Board of TNstees and authorised for issue and were sigllcd on its behalf by: on
LANTERN OF KNOWLEI DGE EDUCATIONAL TRUST Cash filow St8t¢ment for tlie YeAr Elided 30 September 2025 30.9.25 30.9.24 Notes Cash flo)Ys from operatlllg 8ctivlties Casb generated from opEratiolls It]tcrest paid (29,525) (586) 7.329 (209) Net cash provided by opetating activitl¢S (30.111) 7,120 Cash flow5 from inve9tlng actlTAdes Purcba5e of thngibl¢ red assds (6,927) (37,689) Improvement to Property Prior Ycar Adjustment for VAT 7J60 Net Cash used in investing tiVitieS 7,360 (44,616) Cash flows from financlng actlvltles Loan repayments in year (29,500) {15,500} Net cash used in fiJJancin8 activities {29,500) (15,500) Changt in cash and cash equivalents In the reportlng period Cash And casli equivaltttts at the begiDnin¥ of the reporting period (52.251) (52,996} 64,308 117J04 Cash and cash equivalents at the end of the reporting perlod 12,057 64.308 10
LANTERN ofi KNOWLEDGE EDUCATIONAL TRUST Notes to thc CA$h filow Statemtnt for the Year Eiid¢d 30 September 2025 RECOIYCILIATION ofi NET INCOME TO NET CASH fiLOW FROM OPERATINC ACTtVITIES 30.9.25 30.9.24 Net ineomt for the rtportlng perlod {As per the Statement of Flnanclal Actlvltles) Adjustments for: Depreciation charges Bank ¢lwBes Incrcase ill creditors {59,819) (10,8871 5.611 7,014 209 10,933 24,097 Net Cash provlded by operations (29,525) 7.329 ANALYSIS OF CHANGES tN NET FUNDS At 1.10.24 Cjsh flow At 30.9.25 r4et cash Cash at bank and in hand 64,308 (52.251) 12,057 64 J08 (52251) 12.057 Total 64,308 (52,251) 12,057 The notes fonll part of thc5e fitkan¢ial s¢atem¢nts
LANTERN OF KNOWLEDGE EDUCATIONAL TRUST Notes to the Flnancl&l Statements for the YeAr Ended 30 September 2025 ACCOUNTINC POLICIES BASIS of preparlng the financial 5t#tements The finan¢ial stateinenls of the charity, which is a public bentfit entity wider FRS 102, have been prepared in accordanc¢ with the Charities SORP (FRS 102) 'A¢¢ounting and Reporting by Ch8rities'. Statetllent of Recommended Practic¢ applicable ¢0 charities preparing their a¢¢ounls in accordallce with the Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Finort¢ial Rcporiing Statldaid 102 'The Financial Rcporting SiandaTd applicable in thc UK and Rq)ublic of Ireland, and the ChArilies A¢t 2011. The financial slat¢ments have been preparcd under tbe historical cost convention. Income All income is recognised in the Slalement of Financial Activities once the ¢harity has enlitlettlent to the fimds, il IS PTobable that the income will bc received and the amount eau bc measured reliably. Expenditure Liabilities are reeogniscd as expcnditure as soon as there is a legal or consttu¢tive obligation con]mitting th6 chgrity to that expetmliture. it is probable that a transfer of economic benefits will be required in settlement and tbe atnount of tbe obligation can bc mca5ur¢d reliAbly. Expenditure is accounted foi on an 8¢¢ruals basis at)d has been ¢lassificd under headings that aggr¢gatc all c05t related to the category. Where costs caTmOt b¢ directly attributed to particular headings they have been allocated to A¢tiviti¢s on a basis consistent with th¢ use of Tanglble fixed a55Ct5 Depreciation is provided at the following annual rates in order lo write off each asset over its estimated useful life. Fixture and FittiDg5 Computer Equipment 20Yo on reducing balance IOO/o on cost Taxation The cljarity is exempt from tax on its ¢hJritable activities. Fund accounting Unreslrictcd funds Gan be used in accordance ivith th¢ charitable obje¢tives at the discretion of the trustees. Restricted funds caD only be used for particular restricted poSeS within the objects of th¢ charity. Restrictions arise ivhen specified by the donor OT when funds ar¢ raised for particular restricted purposes. Further explanation of the nature aTLd purtK)se oleach fund is included in tbe notes to the financial statements. Pension eosts and other post-retlrement benefjts The ¢harity operates a defilled contribution pension scbeme. Contributions payable lo the charity'5 pension scheme are cbarged to the Statetllent of Financial A¢tiviti¢s in the period to which tb¢y relate. 12
LANTERN OF KNOWLEDGE EDUCATIONAL TRUST Note5 to tlie FinHncial Statement$ for the Year Ended 30 Septeer 2025 DONATIONS AND LEGACIES 30.9.25 30.9.24 Grants received Donations 2.250 72,066 47,377 74,316 47,377 OTHER TRADING ACTIvrrIES 30.9.25 30.9.24 Shop income Tuition and R¢gistration Fe 15,130 514,389 17,583 518,371 529,519 535,954 INVEI STMENT INCOr 30.9.25 30.9.24 Rents received 8,000 7,350 CHARITABLE ACTIVITIES Expendltllre on Charitable Activltles 30.9.25 30.9.24 Staff eosts Insur8n¢e Light and heat Telephone Piinting and stationery Swidries Educational Supplies Supply Teaching & Con5ultanoy Business Rates and Water Ra¢es Staff Training Hire Expcnses Extra CurricularActlVLties Sccurity and Safety Repair & maintenance DBS Check Exam fees Mcmbership IT and Computer Expenscs Subscription Inspe¢lorale Fee Dcprecialion Bank Charges Support Costs 423,035 4,916 15.304 629 247 424 9,538 117,775 36.901 1,662 6,167 8,688 2,951 2,938 528 16,869 3,834 5,389 2,389 2,200 5,611 586 3,073 380,859 5,171 18,204 550 273 892 4,998 113,479 13.000 1.794 8,903 7.577 2,507 985 1,019 11.676 2,531 5,113 6,029 4,400 7,014 209 4,385 671,654 601,568 13
LANTERN OF KNOWLEDGK EDUCATIONAL TRUST Notes to the fiinancl#l Stat¢m¢nts for thc Y¢Rr Kiided 30 September 2025 SUPPORT COSTS GovemAnce costs Rai5iTLg donations and le8a¢ies 3,073 TRUSTEES. RE[ul¥ERATIoN AND BEI NEifITS There were llo lrnstees, remwier8tioll or other benefits for the year ended 30 S¢ptemb¢r 2025 nor for the year ended 30 SeptenthEr 2024. Trustees, expense$ There were no twstees, exp¢llses P8id for thc year Ended 30 September 2025 nor for the year ended 30 Scptcber 2024. STAFF COSTS 30.9.25 30.9.24 Wagcs and salaries So¢ial security costs Othcr pcnsion costs 401,472 20,535 1.028 365,260 14.444 ,155 423,035 380,859 Th¢ average monthly number of employees during the yearwas as follows- 30.9.25 34 30.9.24 39 Average Numberof StatT No cP10Ye¢s received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS tn]prov¢ments Fixtures Freehold propety Computer equipment prortY fittings Tota]s COST At l October 2024 Adju5ttnent for VAT 1,289.813 198,431 (7,360) 154,643 9.603 1,652,490 (7,360) At 30 September 2025 1.289,813 191,071 154.643 9,603 1.645,130 DEPIIECIATION At l Octobcr 2024 Charge for year 126,589 5,611 9,602 136,191 5,611 At 30 September 2025 132,200 9,602 141,802 NET BOOK VAI,U AI 30 Seplembcr 2025 1,289,813 191,071 22.443 1,503,328 AI 30 Septemb¢r 2024 1,289,813 198,431 28,054 1,516,299 14
LANTERN OF KNOWLEDGEI EDUCATIONAL TRUST N(btes to the FinRncial Statemellts for the Year Elldtd 30 September 2025 io. DEB'foRS: AMOUNTS FALLING DUE WITHIN OP4E YEAR 30.9.25 30.9.24 Prepayments 3,716 3,716 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.25 30.9.24 Social security and VAT Ac¢ountdncy Wago8 40,928 3,696 4.890 3,739 11,898 44,624 20,527 12. CREDITORS: AMOUNTS FALLif4G DUE AFfER MORE THAN ONE YEAR 30.9.25 30.9.24 Interest Free Loan 344,249 373,749 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 30.9.25 Total fid5 30.9.24 Total funds Unrestricted Restri¢ted fid5 Fixed assets Current 885ets Cutrent liabilities Long tcrm liabilities ,503,328 15,773 (44,624) (344,249) 1,503,328 15,773 (44,624) (344,249) 1.516,299 68,024 (20,527) (373,749) 1,130,228 1,130,228 1,190,047 MOVEMENT fiUNDS Nel moveent in funds At 1.10.24 At 30.9.25 Unrestrfficted fund Gelleral fi]nd 1,190.(M7 {59.819} 1.130,228 TOTAL FUNDS 1,190,047 159.819) 1,130,228 Net movement in fi]nds, included in the above are as follows: Incorning resources Resources Movement expended Unrestrlcted fund$ General fi]nd 611,835 (671.654) (59,819) TOTAL FUNDS 611,835 (671,654) {59.819) 15
LANTERN OF KNOWLEDGE EDUCATIONAL TRUST Note5 to the Fin#nci#l Statetnents for the Year Ended 30 Septemb¢r 2025 14. MOVEMENT IN FUNDS- conrfnued CO[paratiVeS for movemettt fullds Net movement funds At 1.10.23 At 30.9.24 Unrestrlcted funds General fi]t 1,200,934 (10,887) 1,190,047 TOTAL FUNDS 1.200.934 (10.887) 1,190,047 Comparative net move¥nellt in fiLnd5. included in the above are as follows.. Incoming resources Resoiirces expended Movement in funds UDrestrl¢ted funds GeDeral fi]nd 590.681 {601,568) (10,8871 TOTAL Fuf+lDS 590.681 {601,568) (10,887) A currellt year 12 tsnths a[ prioryear 12 months combined position is as follows.. Net movement in ndS At 1.10.23 At 30.9.25 Unrestrlcted funds General fulld 1,200.934 (70.706) 1,130,228 TOTAL FUNDS 1,200,934 (70.706) 1,130,228 A current ycar 12 months and prior year 12 montbs combilled net movement in funds, iticluded in th¢ abov¢ are os follows.. Incoming R¢50ur¢es expended Movement in fund5 Unrestrleted funds General fiu .202,516 {1.273,222) {70,706) TOTAL FUNDS 1,202,516 11.273,222) {70,7061 16
LAf4TERP4 OF KNOWLEDGE EDUCATIONAL TRUST r4otes to the financlal Statements- contlnued for the Yefir Ellded 30 September 2025 15. RELATED PARTY DJSCLOSURES There were no related party transactions for the year ended 30 September 2025. 17
LANTEI RN OF KNOWLEDGE EDUCATIONAL TRUST Detslled StatemeRtof Financlv41 Activitie5 for the Year Ended 30 September 2025 30.9.25 30.9.24 INCOME AND ENDOWMENTS Dongtions and legacles Grant5 received Donations 20 72,066 47,377 74,316 47,377 other trading Actlvitle5 Shop income Tuilioll and Re8iStratioll Fees 15,130 514,389 17,583 518.371 529,519 535,954 Ittv¢stment illcome Rent$ re¢¢iYed 8,0(X) 7,350 To191 Incomlng resources 611,835 590,681 XPENDITURE ON Charltable Actlvltles Wages So¢ial security Pensiolls In5urart¢¢ Lit and heat Telephone Postage and statiotlery Sundrits Educational Supplies Supply Teaching & Consulian¢y Busincss Rates at]d Water Rates Staff Trairting Hir¢ Expenses Extsa cUtCU1arA¢tLViti¢S srity and Safety Repair & maintenance DBS Check Exain fres Membership IT and Computer Expenses Subscription In5PEGlorate Fee Fixtures and fitlings Bank Charges 401,472 20,535 1,028 4.916 15,304 629 247 424 9,538 117,775 36,901 1,662 6,167 8.688 2,951 2,938 528 16,869 3,834 5,389 2,389 2,200 5,611 586 365.260 14,444 1,155 5.171 18204 550 273 892 4,998 113.479 13,000 1,794 8,903 7,577 2,507 985 1,019 11,676 2,531 5,113 6,029 4.400 7.014 209 668,581 597.183 Thi5 pag¢ does not fomi parl of the statutory financial stalejnenls 18
LANT'ERN OF KNOWLEDGE EDUCATIONAL TRUST DetAlled St&temeiit of Fln8netal A¢tlvltles for the Year Ellded 30 September 2025 30.9.25 30.9.24 Support COSt5 GovernAnce Costs Accountancy tEgal and professional costs 3,073 3.629 756 3.073 4J85 Total resources expended 671,654 601,568 Net Deficit 59,819 10.887 This page docs not fomi part orth¢ slatutory financial statements 19