IRAQI EDUCATIONAL TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 A CL¥npany limkedbyguaranl* R@wts1 Ab. 5446956 (E@and) REGIS7ERED CHARIThNO. 11150
IRAQI EDUCATIONAL TRUST INDEX Direthrn Rewl Statsrtory and Exp8nditure Acs)unt
IRAQI EDUCATIONAL TRUST DIRECTORS. REPORT The directors {management committee membepsl present their Report and the Financial Ststements for the Year Ended 31August 2025. Status The charity is a company limiied by guarantee and is registered *ryth the Charity Commission. Company Regi8tration No. Charity Registration No. 1115053 DiTrctorn The direGtors who held offKe during the year re as folkwK'. Dr Favz8 Hadi Thair Hussain Al Jumally Saad Saleh Bankers Natrst Bank.34 High Street.Cheadle.Cheshire,Sk8 1AF Accountsnts Zaheer & Co . Accountants . 63 lQngswdy, Bumage. Manchester.M19 2LL Principal Activibe8 The principal actNtty ofthe Company is to advance the education of children of iraqi origin by provKling equipment facililies and sernrices supplemerrtary to those provKled by the ILKal education authority.To provide or assist in the provision of facilities in the interest of sockil welfare for re¢reation and other lsure time ¢UPatIon with the objeGt of improving the condiltons of life of the said benthiaries. Organisational Structure The company is an independent charity. The direciots {managemenl commrllee members) are responsibbe for the overall management and control of the charity. Risk8 The directors have taken steps to establish the risks to which the charity i8 exposed and have pul systems in place to mitigats those risks.
IRAQI EDUCATIOK4L TRUST DIRECTORS, REPORT {cont...> Review of the Results Thè directors consider that the results set CArt on pages 4 to 9 are satisfactory. They are of Ihe opinion that the balance on the funds is sUfficnt to meet any firture commrtments under the terms of the funding . Fixod Assots The movement in fixed assets is set out in Note 9 to the Acurrts. Dlroctorg Responsibilities Company law requires the Directors to prepare accounts for each financial year {or other accounting period) which give a true and fair view of the state of affairs of the Company and of its surplus or deficii for that year. In preparing those financial statements, the Dire¢tors are required to: - $elect suitable accounting policies and appty thern consi8tenty' - make judgements and estimates that are reasonabty pnjdent., - pr&par8 accounts on a going concem basis unless it is inapptopriate to presume that the company will Gontinue in business. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts compty with the Companies Act 20C6. They are also responsible for safeguarding the assets ofthe company and hence for taking reasonable stsps for the prevention and detedmin of fraud and other irregukiities. In preparing the above report, the Directors have tsken advantage of special exemptions appliGabl8 to small clNnpan. Slqned on Behalf of the Board: Company Secretsry Thair Hussain Al Jumaity 2026
IRAQI EDUCATIONAL TRU (A cornpluy li¥nit¢d by guar*Dtee) INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES We report on the accounts of the Iraqi Educational Tt. registered charity number l 115053 and company Registrdtion 5446956 for the accounts year ended 31 August 2025 set out on pages 4 to 9. PE TIVE RFSPONSIBILITIES OF The charity's trusiees are responsible for the preparation for the accounts in accordance with the rquiremer of the charity A¢t 2011 ( ' the Act" ). The chariws trustees consider thai un audit is nol required for this year (under sectton 43(2) of the Charities Act 1993 (the 1993 Act) 2nd that an independent ¢xAmination 15 needed It is our responsibility to: examine the accounts (under section 145 of the 2011 Act) - to follow the procedure5 laid doi%i) in the Generai Directions given by the Charity Commission (under section 145(5Xb) of the Act). and in accordance FRS 102 SORP. - to state whether particular matters have come to our attention. BASIS OF INDEPENDENT EXAMINER'S RE RT: Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. Ark examination includes the accounting records kepi by the charity and a comparison of the accounts presented with those records. It also includes considerntion of any unusual iiems or disclosures in the accounts and seeking explanations from you &$ trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently we do not expre55 an audit opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT: In connection with our examinatio no matter has come to our attention: (l) which gives us r¢&sonablc uuse to believe that in any materia] respect the requirements . to keep accounting COrdS in accordance with section 41 of the Act; and . to prepare accounts which accord with the accounting records and io comply with the accounling requtrements of the Act have not been met: or (2) to which. in our opinion, aitention should be drnwn in ord¢r to enable a proper understanding of the accounts to k reached. Mr. Fgrroukh Zaheer IFCCA) Zaheer & Comp4ny Chartered Certified Accountsnts 63 Kingsway Burnage Mancbegter M19 2LL Date:
IRAQI EDUCATIO TRUST INCOIAE AND EXPENDITURE ACCOUP OR THE YEAR EIIDED 31 A 202S 2024 Income and Endrrtnts Expenditure Net irKome lexpfjnditurel for ts peri(x1 12) 58.573 56,919 84,419 62,290 22,129 (3) Nel irwne lexpendriure) for the 1,654 22.129 Tax payable (4) Net ir*ome lexpenditur¥) after taxation 1,654 22,129 Total funds Brought FMvard 65.955 43.826 Total funds Carried FoThvatd {131 67,609 65.955 RECONCILIATION OF STATUTORY INCOME AND EXPENDMJRE ACCOUNT TO SOFA Total Nel inwre for the year per SOFA- Page 6 Total net income as above 1,654 1,654 22,129 22,129 ined in funds CIfvA per SOFA- Page 6 Retained fvnds Carried Forvtsrd as atrA>ve 67.609 67.609 65,955 65.955
IPAQI EDUCATIONAL TRUST HE AT 1A 2025 2024 FIXED ASSETS Taftgie Fixed Assets (8) 1.422 1,673 CURRENT ASss (9) 67.274 67.274 65,369 65,369 LIABILITIES.. Amounts falling due within one year {10) 1.087 NET CURRENT ASSErs 66.187 64,282 NET ASSETS 67,609 ACCUMULATED FUNDS Unrestricted Restricted {12) 07.609 65,955 67.609 65,955 The directors are satisfd that the comwy is entiiled to exemption under section 477 of tho companies Act 2006 and that no member have requested an audit pursuant to $tion 476 of The direcaors acknedge thar S3nsIltss for comth'ng with tt requirements ofthe of the companies Art 2006 ith respeL to aCcLwty records and tM wgparatbon of the accounts. The accounts have been prepared in a¢¢ordance wth the provision$ alcable to small companies Subject to smal ojmpanies regime arKi in aCcd with FRS 102 SORP. Approved on behalt of the Board l Diredor Ck Faiza Hadi l Dire¢tor Thaw Hussain Al Jumai Date: 2026 The ncles on pages 7 to 9 fcth part of these aco)unts.
Ial EDUCAMONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES RTHEPE ENDED UST 202S Year Ended 31.8.25 Total Funds Year Ended 31.8.24 Total Funds UNeS RestrKted catal Funds FLtThls FUNIS INCOME AND EXPENDITURE Donations and legaS Donations , fees grfts Grfl aid 53,705 53,705 4,868 78738 5681 TOTAL INCOME AND ENDOVIMENTS 58,573 58,573 84,419 EXPENDITURE ON .. Expenditure on charilable athities (6) 56.919 56,919 62.290 TOTAL EXPENDrruRE 56.919 56,919 62.290 NET INCOMING {OWGOING) RESOURCES BEFORE TRANSFERS 1.654 22.129 Transfer Bets Funds NET INCOME (EXPENDITURE) NET INCOME FOR THE YEAR 1.654 22,129 Total Furth Brght Foward 65.955 65,955 43,828 TOTAL FUNDS CARRIED FIWID 1131 67.609 67,609 65,955
IRAQI EDUCATIONAL TRUST NOTES TO ThE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 ACCOUNTING POLICIES The accounts have been ppared un¢Jer the "¢#1 cost convenb.on and in accordance with the FinaAryal ReporbThJ Stsndard for Smaller EntitEs leffective January 2015) the Accounting * Rewrbng by charibes. Statement of Recommended practi applicable to ChareS wepariong their accourrts in aco)rdance wrth the Financial Reporting standard for Smal Entrbes pUished on 16th Juty 2014ISORP 20151 and the cahrities Act 2011 wnpani8s k¢ 2006. l income is rellected in the accwts the charity is enliued to the income. l expenditure has been reflected in the Statement of Financaal ActNihes on Accrual l)asis. ExFenditure indudes any VAT which can not be fulty r0Vered and rs fijlly reported as part ofthe eXPeThJre to it rektes. and De Fixed assets are induded in the accounts al nel bcty)k value. Depreuab"on 1$ prowded to write off the cost less the e$b"mated residual value of tangible fixed assets over their estimated useful Ir¥es as foll(x¥s'.- Office equipment SFQrts equipment 15%oncost 15%on¢ost The organisation is exem0 fr inco lax by reason of its charilable status. Inwne tax suffered on invesl]r*rt Snc is redwmgj in fi511. Reserves organisation aim to maintan SLEfficaent reSep to three m(xths running Costs. INCOME AND ENDOWMENTS This represents donth.on and fees receiveth for the wrydisi ol seNces to members. comparw is a nonwfft makiThJ. NET INCOME (EXPENDITURE) 2025 2024 Nel income {expenditure) stated aft rtwgiTrJ.' 251 TAX ON SURPLUS ON ORDITrL4RY ACTIVITIES
IRAQI EDUCATIONAL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 Icont...) Totsl 2025 Totsl 2024 FurKI$ 2.200 2,200 1,892 Exam fees Exlemal eXaMir 350 41 670 985 Kids activitses Food and subsistarKe Advertising and promoti Donations Support costs 785 1.136 139 785 1.136 139 808 51,311 56.919 51,311 56,919 54,786 62,290 Anatys of SupFQrt Costs Rent Prlnting, postage & statior Wages & paye DBS cost Accountancy Insurance 39.200 39.200 462 4.148 37,937 431 6,096 4.148 1,198 618 1,198 618 3,408 513 6,882 959 Telephone Cleaning Repair5 and maintenarKe Staff dinner sundry exFxnses Dep[eryaTr 11 83 520 25 296 251 51.311 251 50.811 DIRECTORS. (mAAGEMENT COMMITfEE) REMUNERATION AND EXPENSES No reimbursement of expenses has t*en made LY is due to be made lo any of the trustees in respect of the peritrj.
IRAQI EDUCATIONAL TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 {¢ont...I TANGIBLE FIXED ASSETS Total equiKKnent Equipment COST At 1 Sep 2024 At 31 AUSt 2025 16,144 16.144 354 354 16,498 16,498 DEPRECIATION At 1 Sep 2024 Charge for Year At 31 August 2025 14.485 249 14,734 340 14,825 251 15,076 342 NET B¢)OK VALUE At 31 August 2025 12 1,422 At 31 August 2023 1,659 14 1,673 CURRENT ASSETS.. 2025 2024 Cash at bank.unrestricted CasH in han&unrestricted 64.637 2.637 63.747 1,622 67,274 65,369 10 LIABILITIES.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Aceruals and creditors Paye 510 577 1.087 510 577 1.087 COMPANY STATUS The company is limrted by guarantee and has no share Calmral. All members have agreed to ccffjtrityute a sum not exceeding £ 10 { £1 for unwaged indi¥Klual$l in event of nding up. 12 RESERVES 2025 2024 8alance brought fowd Add.. Nel income 1expend1turey the year Balan¢e carried fophFr(I 65.955 1,654 67,609 43,826 22.129 65,955