,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 State￿ent
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 s￿dentS 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. Throu￿OUt 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 expendi￿re 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.

9. Prlncipal address
30-36
Lindlcy Road
London EIO 6QT
10. 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.
11. Independent Examlner
Salim Kala (Kala Atkinson)
KALA ATKINSON
Chartered Certifi¢d Accountants & Statutory Auditor8
43 Uplon Lane
London
E7 9PA
12. 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 Conn￿tion 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 fi￿d8
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¢ r￿ed 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 p￿￿oSeS 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 Septe￿￿er 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 Scptc￿ber 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 c￿P10Ye¢s received emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
tn]prov¢ments
Fixtures
Freehold
propety
Computer
equipment
pro￿rtY
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
fi￿d5
30.9.24
Total
funds
Unrestricted
Restri¢ted
fi￿d5
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
move￿ent
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 ts￿nths 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
2￿0
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¢¢
Li￿t and heat
Telephone
Postage and statiotlery
Sundrits
Educational Supplies
Supply Teaching & Consulian¢y
Busincss Rates at]d Water Rates
Staff Trairting
Hir¢ Expenses
Extsa cU￿tCU1arA¢tLViti¢S
s￿￿rity 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