Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F CHARITY REGISTrAIION NUMBER: 1121995 The Ecole Polytechnique Charitable Trust Unaudited Financial Statements 31 December 2025 WYArrs Chartered accountants York House 1 Seagrave Road London SW6 1RP
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Financial Ststements Year ended 31 December 2025 Page Trustees, annual report Independent examinerfs rewt to the trustees ststement of financial activities statement of financial position statement of cash flows Notes to the financial statements 10
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Trustees. Annual Report Year ended 31 December 2025 The Tte¢S Ffesent their reFLYt orKI the Un9j111 finer181 statements of the Trust for the year erKled 31 Decernber 2025. Chaimian's r•port The Trustees submit th"r annual reFJ( with the accounts of the Trust, for the year erKl&J 31 Decernber 2025. The accounts compty wrth (yjrrent ststutory requirements arKI are in the fcfmat presuited by The Chanty Commiss)n Ststerrttt of Re¢Qmtred Pr8th¢e {FRS 102). Refow•nc• and administraliv• d•l•ils Registered charity narn• The Eccde Polytechniqu8 CharItae Trust Chawity rngistrfion numbfrr 1121995 Principal offic• 1 Seogravo Road L1¢tyn SW6 1RP The Trustees Guillaume Cass. Chaimwn jUln Deleuze. Treasurer Marie C8illal Carmen CheValier-Fsc Pwre DeLYay Fr8rtisco Gu8varn Caice Pierre Laffrtto Laurent LarL8t Peul-AxKlte Rabate Tareck Safi Jean-PieTre Must Jean Paul Cottet (Appointed 7 May 2LK)SI lReWgd 4 Juty 2025) IResvJned 7 May 2025} Accountants Wyatts Charter•J 1Untants York House 1 Seagrave Road London SV16 1RP
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Trustees. Annual Report Year ended 31 December 2025 Obje1v•S and •ctivili•s for public 1n•fft The primary Laritable wrpc68 of the E¢Ie Polyt8thnique Charitth Trust is to SUFWt th& adVarment of scientific edUCatiC aThJ researth. The Trust shall hlave its otiects through. but mt be limrted lo. the folhjwry actMti8S at the Ecol8 PcAytechnNue. an engineerirwJ schocl of excellencè ktsted in Frnnca.. The award of sthlarships lo irrternational sludents The fin8nci81 support ol intomolloI ¢)utreach The grant ol financial assistsnce to research 8ThJ [dag{Jl wge(As The provision of aStanCe to Ecole PoMechnKlU8 in relation to its funding strategies for ensunng th8 ad8quacy of the promy. plant and equipri needed to carry out its education mission Structure. governance and mana9gThnt Constitution 8rNI Wyning do1Thnt The ot4.ects of the Trust are sel in th8 t)8dar8tion of Trust, dated 17 September 2(M)7. Tho Trustees hove agreed lo delegole the d8y-tTrtsy mgnagoment of th8 affairs of the Ecole PdytechnH4ue Chanlable Trust lo an 8mFdoyee of the Fond8tn de fEcole Pdytechnque. who acts as Trust Administrator. and is on free seccThYnt from F(XKlation de I'EcxAe Pdytochniqu8. a ch8nty based in Fr8nc8 which has tho sgmg Qt¥"ectiVO$ 8$ the Trust. Th Trust Administrotcy costs were upd81ed in 2025 to reflect the uJrrent18vels of services pyovwjed lo the Trust. Th8 Trust Administrator works 1.25 dayE per week. for approximat8ly 47 weeks of thè year. The valu8 of the work has been estimated at é ?6,5 per year. Th8 Board of tho Potytochniquo Chwrtabl8 Tnt meots at 10gst Iwo timos pgr annum. In addition to fvll Board me8tings the Chairman, and any other TNslees who are available. may m88t, when needed. by a video or le18phone confwerte c411 with the Campai9n Direclor Ixland her t8am. to review the 8Ctiviti8s of th8 Tnjsl. A new Trustee have the terms of the Trust exFAained to them arKI have a meetiry th8 exisb.ng Trustee5 to exFdain the aims arKI otyeth.ves of the Trust. There are no specific induction 8rrang8ments. Thè Trustees h)ok for an indivhjual wth an interest in thè ctyth'ves of Eco Pdytechnique Chantable Trust.
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Trustees. Annual Report Year ended 31 December 2025 Achievornonts and pgrfonTb4nc• Roviow of Activtties The 8Ctivrties of the Trust in 2025 reinfc¥ced its commitment lo a¢fvancing scientific exc8llenc8 and strengthening ties with the intemal¥)nal ccnmunity. Notable events hosted during th8 year ind. A launch event for the -Servir la scieru" campon for ÈCO polytechnKiu8, hèhj at the French Ambassadc¢s Residence in London. A Master Class in London entrljed "MatheMatUe5 appliquées et cakul haute perfomience au ¢urde I'innovatfvx scientffique et technoltyique." A Videoconferen between an EPCT Tte? 0j the President of tho Fondots'on dg I'Écolo PctytechnKiue Fundraising efforts durirvJ the year I10d thrne appeals for funding distrbuled to FWSFCtive d(S in the London area. The Trust secured four Maicy Donat and Teceived renewed fvnding from Major DonoTS. The majority of donations rewved durirwJ the year were rA)ntrilxrted by alumni of Écob polytechnw rosJ1ng in the Unrtod Kiwm. GrJt-MldnE Atlmlles During 2025, the Tt mgde grarrts to FoTrJgtion de rÉcdo Polytochniquo followirwJ prciocts.. £420,000 for scholarships of oxcellenee the intematM)nal students of the cyde Ingani8ur of Écolo polytschnw]ue £407,500 for Research prryect.. Pdarima. IASE+E 8nd orooir#J res8arch activiti'88 and prJramS of Écde KM)lyle¢hnN £140,000 to suppc*t caryus imFYovements a1 Campoign Axis at Écokn potytechn4ue £6.5Qj in unrestricted fiJndiThJ £1(M) to SUPFth students from Brazil Financial review Tnjsys inwme and expJitur8 is as folkm.. 2025 2024 INCOME Donations HMRC Grfl Aid received Inv8Stmenl income Gffts in kind (Trust PAministrator) 778,241 81.718 334.958 80,445 EXPENSES Grants dislributed Support costs Opwating costs 974.11KI 1,144,126 22,240 1012 661 118345
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Trustees. Annual Report Year ended 31 December 2025 Plans for future periods Th8 Trust aims lor 2025Th arg to rtIO to mgkg gr8nts in pursuanco of the chgrrt8ble obigcts. Risk manag•m•nt The major risks. to which the Ecg)18 P(yt•nN]ue Charitable Tnjst is expwd. as identified by the Truste8s and others, have been reviewed and cf)ntrol systeff est8bl1slI to mitsgale those risks. These risks are review&J aThJ ffK)nit(ThJ cffl an (ryHng bafAS. Inv•stment policy Recognising their resFM)nsibility for ensuring ttt fijnds raised by Trust are safeguardeJ. maximized and used in accordance wth the organisakn"on's charrtable PUfFose5 - and given a150 that the Tnjst needs relalrvely ready $S to its fuThJs f( tis Larit8ble acknvty - the Trustees keep the Tnjst's assets in interest4)earing ants with CAF Bank. The Trustees will ravi8w this Inv6stmant from tima to tim8 and At lèast annually. Benefrt statement The Trustees confirm that they have referr to the guKlance contained in the Chanty Commi88ion'8 gener81 guidance on public benefft wh&n r8vitrirKJ the aims and otyects and in plannirKJ futur6 activities and settbThJ pcdicy for thè yaar. Reserve policy The Trustees do not intend lo keep funds in excess of tho Trusys requirements. Given thg Trusys operatKns, the Trustees have agroed that a reserve of £10.CIXI is sufficient to ensure the day-ldaY oper8tiono1 m8nogemenl of the Trust. Trustees wish to opply the charitable frJnds received by th8 Trust wrthin a reasonable time of receiving donatnS and at the mm8nl see particular reason to build up mal8r181 reserves an endowment. Tr Trusto8s at present have there1ce delemined that grants will usu81ty bo made by Twst to bengfti8rios twiL¥ por year, in the spring 8nd in the fall.
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Trustees. Annual Report Year ended 31 December 2025 Going concern The Trustees have a&ses5ed the impact of the cha5 finances arKI operations for the ojrning year. Cash Ilow forecast and ld981 rni8Ctitins have b88n T8view&l and thè BoBrd of Trust888 have a reasonable expectation that the Trust has adequate resources lo continue in operats.onol existence for the foreseeable future. For this rea#( rt C4Jntlrx to thpt the gcxng eoncem basi8 in prepariThJ thè financial statements Trustsos. r•sponsibilities slatement The trustees are re5ponsitAe for prepariThJ Ihe trustee5' reF and the finarKial statement5 in accThlance with applble law and United lQrylom ACCnting Standards {United lQn9dom Generally Accepted AccountirvJ PrtIl). The law appluble lo chariti.es in EThJland and Wal8s requires the ehanty trustees to prepare financial Statements for each year whth give a and f8ir view of the $tste ol aff8irs of the tharity aThJ of the incoming resc¥Jrces and applKa"on of rosow. of the chanty for that Peri1. In wep8nng these fin8nci81 st8tem8nts. th8 truste8s are r8quir•J to: select suitable acojuntiro pOIleS aThJ then appty them c4)nskstenty: observe the m&thods and rKIpIeS in thè applicablo Charities SORP.. make judgrnnts and aCcnI1g estima186 th81 8r8 reason0 and w10nt. state whether applicab UK IJntIng Standards have been lollth¥ed. subject to any material dep8rtur8s disdosad and èxplaingd in th& financial $t8tements,' prepare the financial statements on the going ¢x)ncem b8sis unless it is inapFwrKiate lo presume th8t the charity will continue in busirw. The trustees are responsible for keePir 8dtyuate acoJuntirvJ reLuds that sufficient to show aThJ explain the charity's tr8ns8ctions and disclctse wtth re8son8ble accuracy 8t any time the financial position of th8 charity and enable them to ensure thal the financial statements ccrfnF4y with the Chanties Act 2011, the 8pplic8ble Choritw {knJ)unls and Repyls) Regui8tions, arKI the provisions of the Trust Deed. They are also restKsnsible for safeguarding the assets of the charity and hence lor taking reasonable steps f(ff the Wevent and detection of traud and other irregu18ritses. The trustees. 8nnuo1 repyt was 8pwov•J 7 Awil 2026 0j SIgd on behow of the boord of truste85 by: S*ned b EUIBF3C6AI4442 Guillaume Cassou Chaimian. Écc4e Polytechniqu8 charitab Trust UL PLILV èl¥d¥ Treasurer. Ècole Polytechni¢we Charitable Trust
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Independent Examiners Report to the Trustees of The Ecole Polytechnique Charitable Trust Year ended 31 December 2025 I lo the trustees on my 8xamin8tth of the financial statements of The E( PnU& Chantable Trust Ilhe charity) for th8 year ended 31 2025. Responsibilities and basis of report As the trustees of the charty YC are responsible the preparat1 ol fina181 statements in aCCdanCe with Ihe requirents of the Chafi1 Act 2011 {'Ihe Act.). I report in respect of my ex8minatK)n of the ch8nVs fin8nci81 stslements camed out under section 145 ol the 2011 Act and in carying (Jt my exafftlnatn I have Idbwed all the appluble DirecticS given by the Charty Commiss#)n under Wlon 145(5Xb) ol the Act. Independent examinefs statement Since th8 charity's gross in¢xTh eXded £250.1 your oxaminer b8 a m8mb8r of 8 bojy list8d in Sect 145 01 the 2011 Act. I crI[M th81 1am qu8lthed to und8rtske the 8xamination because l om a member of the Ir6tituts of Ch8rtwed Acuwntonts in England and Wolgs IICAEW), which is ono of listed bodios. I have completed my examination. I confrni that no matsrial matters have o)me to my attention in COnn'0n wrth the examinatK)n giwrKJ me c4use to bel¥8 that in any material raspt.. accountiThJ were rK)t kept in resFa of thg chorty os rgquired by soction 1x1 of the th& finanual stat6m8nts do rMIt trd with those rOrds.. or thg financial statemonts do r compty th th9 opble roquirgmgnts conceming th? form and content of accounts set (yJt in the Ch8rrties (Accounts and Reports) Regulations 28 other than any requirement that the (a)UnIS give a 'true and fair view which not matter ConSer1 as part of an ind8p8fKl8nt examination. I have r concems and have come acTos8 fK> other matters in connection wrth the examination to which attention should drawn in Ihis r¢rtst in tydw to enat4e a understanding of tho accounts to be reached. kw Karen Wyatt FCA Independent Examiner York HcAJse 1 Se8gr8ve Road London SW6 1RP Date.. 7 A.1 2028
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust statement of Financial Activities Year ended 31 December 2025 2025 2024 funts Total funds Total funds Income and endovnnents Donations legBci8S Investment incomg 883,Crf)4 883,CW 428,963 Total income 883.448 883.448 428.963 Expendrfure Expenditure on charitable actsvIt (Grants & costs) other experKlthirW Operating Yotsl 8xp8ndituro 6.7 1.fJ)4.098 1.fJ)4.098 8,3 1.166.366 17,091 1.012.661 1,012.661 1,183,457 N•t oxp•nditur• and n•t mov•m•nt in fvnds {129.213) {129.213) 1754.4941 Reconciliation of funds Total funds brtyjghl fcmrd Tolal funds carri•d foThiard 364.930 364.930 1.119.424 235.717 235.717 364.930 The statement of financi81 actsvitses indJe5 all gains aTrJ k>s8es rwni8ed in the year. Al ine4)m& and expenditure d8rNe from o)ntinuing activit*s. The notes on pages 10 to 10 form pnrt of these flnanclal statem.
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust statement of Financial Position 31 December 2025 2025 2024 Current assets Debtors Cash at bank and in harKI 12 1,125 238.592 239.717 41,5C 327.430 368.930 Cwodilors: amounts falling due within ono y•a Not currnnt assets 13 235.717 364.930 Tolal ass•ts hss curr•nt liabiliti•s 235.717 364.930 Net assots 235.717 364.930 Funds of the charity Regtn'ctad funds 235,717 235.717 364,930 364.930 Total charity funds 14 These financial stslements were apwoved by th8 bofird of trusteos and authorised ISS on 7 April 2026. and are signed (¥) behaN of th8 brd by.. Shwtdby.. EC47BFX*4ts4442.. Guillaume Cassou Chairman, Écde Polytechniqug Charitable TnJst s&by.. F25Ae$73700249E JulieTr Deleuze Treasurer, Écolo Polytochniwe Charitable Trust The notes on pages 11 to 17 form pnrt of these flnanclal statem.
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust statement of Cash Flows Year ended 31 December 2025 2025 2024 Cash flows from oporating aclivili•s Net expenditure {129,213) (754,4941 Adj'ustments for. oth8r interest receNable aTrJ similar incom8 (4441 Changes in." Trade and other debtors Trade and other credftors 40.375 77.353 Cash generated from Operat {89.2821 (676.7411 Interest re1ved Net cash uwj in operats'ThJ activrties {88,8381 1676,7411 N•t d•¢r•as• in cash and cash •quival•nts Cash and ush •quivahnts at b•ginning of y•ar Cash and ush •quivahnts at •nd of y• {88.8381 1676.7411 327.430 1.rxM.171 238,592 327,430 The notes on pages 11 to 17 form pnrt of these flnanclal statem.
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 Gen•rJl infonnfjlion The L8rity r6 8 wblic benefft entity and a registwed charity in ErwJl8rMI and Wal86 and is unincorporated. The address of the w11paI offi( Yorf( Hwse. 1 Soagrave Road. London. SW6 1RP. Statement of cornplianc• These financial statements have been prepwed in rx)M&1iar with FRS 102, Tr Financial Rep)rting Standard opplicable in the UK OfKI tho ReputAic of Iron, the Stslement of Recommended PraCte aptAble to Charrts prepanng their accounts in accordance wrth the Fin8ncio1 Reporting SlarKlard 8ppluble in thg UK aryj Rowi of Iroland IFRS 102} {Charities SORP IFRS 102118nd tho Charities Act 2011. Accounting policies WheTr services 8re proyided lo the chanty as a donation, the contritxrtion is in¢lud&J in the financial Statents at an timate based on the voluo of Contn"bUtn to thorty. Basis of preparation The financial ststem6nls have wepared on th8 histOriC81 cost basis, as ffL*Jtfied by th8 revaluation of certain finanual assets and liats'lities investment Propert measured at fair value Ihr¢)ugh irthm8 or expendTiure. The financial statements are [ryar1 in st8rbirvJ. whth is the functhjnal currency of the entity. Going There are no material unc1neS about the charivs abilty to (xintinue. Gifts in kind IMere seThices are provided lo chanty as a donation. the conlritrMJtion is indud8d in the financial statemgnts at an estimate based on the value of th8 0)ntritArtK)n to th8 chanty. Fornign currency translation Monetary assets and liabilit derK)minabJ in thign (>Jrrenci&s are translated into British FM)und steding al the rates of exch8ng8 ruliTrJ at the balan(x sheet dale. Transactions in foreign ujrrencies are translated into British Pnd sterling usiThJ the average rate for the quartw in which the transaCtn was undertaken. Excharrfje gains and losses are recf)Jnised in StatoThnt of Financial Activibes. Judg•m•nts and k•y sourc•s of •stimation unc•rtainty The prep8rab.on of the fina181 staterrts r&4uires management to make judgefflents, estimates and assumptions that affecl the arrnts repted. These 85timate5 and judgements are continually revMved and are based on expenee and other factors, induding expectations of fubjre events that are to be reasonabbe uTrJer the cIrcutsnce8. 10
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 Accounting policivJ (¢tythM Taxation The Trust, being 8 ch8rty, rs mt liable for irrrn)e tax or corrxY8tion tax. Vdue 8ddod tsx is not recoverable and is induded in the relevant charges fc administration expenses. Fund accounling Unrestricted funds are available for use at th8 discretion of tha tntstees to further any of th& charty's wrwses. 0oswJnated fvnds ore unreslri¢Xed lunds ?80rked by the trustees parlicubr future woiect mmitrronl. Restricted funds are subjected to r0strMAior on their expendtture dedared by the do through the terms ol an appoal, aThJ fall into ono of SUa$s8$. restricted inc¢)rM funds or &n¢knYment fUrs. Incoming rnsourc•s All incoming resources are included in tho Ststent of finar181 xtivities whgn entidement has passed to the charty.. it is wobable that the economic tenefits associated vthh the tranSaCtn 11 flow to the charty and Ihg arrKwnt can bg reliabty wuled. The foll1ng SIC Fdicies aro opp1 to partKul8r of inLyJm8: income from don8tK)ns or grants is recojnised when ther6 is evidence of entitl8mant to th8 g. relp1 is prcthble and tts amnI can ba [rsU[8d r8lk4bly. l&Jacy ints)Th 18 r8tsJgnis8d wn r1p1 is wthble and entrtlaThnt is estsblished. irorne from th)nated g[ r& meesuied at the 18ir value of the unless this is imw8ctical lo measure relkqw. in which the vahje is derived from the &)st to th8 ¢knor or the estimated resale valu8. Donated facilities aThJ services are retxonised in th8 accounts when received rf the value cen be rdiqbly measured. No emounts induded for the ¢>)ntribulbon of neral volunteers. income from contrads for the supply ol services is recconised with the delivery of the contracted servth. This is dassthed as unr6stitted funds unless there is a cx)ntractual uiremenl for it to be sp8nl on a partiujar purw and retumed rf unsp8nt. in which case rt may b8 regarded as restricted. 11
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 Accounting policivJ (¢tythM R•sour¢es oxpend•d Exp8nditur8 is retrJnised on an 8ecft b88iS as 8 liabilty 18 incurred. Expenditure indudes any VAT cannot be fully recover&J. arKI is dassified urKler headings of the ststement of financial ath"vities to which it relates.. expendrture on r8isiThJ luTrJs indudes costs of all fundr8isiThJ activrties, events, non-tharitabbe tr&JiThJ aclmbos, orbj thg sglg of d¢yted gJod$. expendrture on charit8b 8CtNities IlLKI&S all (xssts incurred by 8 charity in undertaking activities thot fUrtr rts chgrilable thg benofit of its bgnefKi0ri0s, indudiThJ those suPt costs and costs rdaling to the govemance of th8 charity 8pporknoned to charitab18 actNities. other exp8ndrtur8 includes all exp8ndrtur8 that is n8rth8r related to raisirrfJ funds for th8 chanty nor part of its expgnditure (antable a(*viti8S. A]1 costs are allocated lo expendrture calewies refteth'ng the use of the resource. Direct costs attribut8ble to a single activity are 811(uted directy to that actrvity. Shared costs 8re appM)rtioned belween the 8Ctivrties they contn'bute to on a reascffi8ble. iustifiat4e and InsIStent basis. DOnlon$ and l•ga¢i Restitt&J Totsl Funds Funds 2025 R¢strict&J Total Funds Funds 2024 Donlon8 Sundry" donations Grfl Aid 778.241 81,718 778.241 81,718 334.958 334.95B 80,445 80,445 Gifts in-kind Tnjst Administrator 73.045 23.045 13.580 13.580 883,CK14 883,C4)4 428,963 428,963 Invoslrn¢nt incomo Restrthl Total Funds Rèstricted Tot81 Funds Funds 2025 Funds 2024 Bank int8r6st received 12
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 Exponditur• on chfjrit•bl• aclivits•s by fund typ• Restrthj Total Funds Restrthj Total Funds FuThJs 2025 Funds 2024 sClarShips of excellence for th8 international students of cyde Inganwr program Turtion waNers for StJents of tho cycle IrwJanieur Re888ich woie(s Projects supportiTrJ campus imFYovements unrestrict fundirrfJ Solmjartté pN)ur Liban program PhD Ih8ses in Sustainabbe Development Project materiaux quantxiues Support costs 420.(MXI 420.CMJI 280,338 280,338 407.5(MI 407.5LMI 140,CLM) 140.OLM) 1(KJ 11XJ 4.097 4.097 10.505 849.186 22,240 10.505 849.186 22.240 1.004,CP38 1.004,098 1.166,366 1,166,366 Expondituro on ¢harit•bl¢ activitses by •¢tivity ty urthrtaken direcljy SupFYt o3sts Totsl funds 2025 Totsl fund 2024 Scholarships of exeell8ne8 for tho international students of cyde Ingènwr program Tultion W8Ners for stents of the cycle lTrJènieur Independent exominer fee Trust administrator Res88rch woiects Projects supportirvJ campus imwovements Unrostricled funding Sarrtè F*JUT le Liban proJram PhD Ih8ses in Sustain8ble Development Project materi8ux quantKiues Legal and wofessional fees 420,(#)) 420,C 280.338 4,300 13.560 4,260 23.045 407.5(KI 23.045 407. 140.(KKJ 140.(LKJ 1CKI 4.097 10,505 849.186 2.693 2.693 974.1C 29.998 1.004.098 1,166.386 13
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 Oth•r •xponditur•l op•r•ting costs Restrthj Total Funds Restrthj Total Funds FuThJs 2025 Funds 2024 Bank f88S ExcharvJe rate varian( Inswance 1.581 4.1 2.021 1.581 4.1 2.021 1.737 13.333 2.021 1.737 13.333 2.021 17,091 17,091 Independent examination f••s 2025 2024 Fees Payab to th8 indep8rKJ8nt examiner f(r. Independent examination of the fina181 statements 4.3cN) 10. Staff costs The 8verag8 head count of oThWoyo8s thxirwJ year was Nil12024'. Nil). No employee receiv&J employee berth of nwxe than £eA).IMI duriTrJ tha y8ar (2024: Nil). 11. Thists• r•muMrntion and •xp•ns•s No remunergtion cy othor beneffts from Y4th tho chgrity a relat entty were received by th8 truste85. 12. DebtOf5 2025 2024 other dgblorslHMRC Gift Aid reL¥vwebl8 1,125 41.5CIJ 13. Creditors: amounts falling due within one year 2025 2024 Accruals 14
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements Year ended 31 December 2025 14. Analysis of ¢h•rilablo fvnds R•strictod funds At 31 Decembor 2025 l Jawary 202 ExFwMJiture The Ecole Polytechnique Fund 364.930 &83.448 {1.012.6611 235.717 l JaNary 202 31 December 2024 Inc#)m8 ExFwMJiture The Ecole Polffthnique Fund 1.119.424 428.963 (1.183.457) 364.930 The Ecole Polytechnique Fund.. This furKI w85 establish&J to C4Jntribute to Ihe tharKement of adtion and kn(yM&Jge in th8 fields of scl8ntrf resewch at the Ecde PdytethnKIu8. 15. Analysis of n•t ass•ts tWn funds Restrictod Total Funds FurKIs 2025 Current assets Credilors16ss than 1 year Nol assots 239.717 14.1)JOI 235.717 239.717 {4.OWI 235,717 R66trict&J Tot81 FurKIs Funds 2024 Current assats Cr&Jitors less than 1 year 368.930 14.(M)01 364.930 368.930 (4.0) 364.930 assots 16. Analysis of chanq•s in n•t d•bl Ai At 1 Jan 2025 Cash flov 31 Dec 2025 Cash at bank arKI in harKI 327.430 {88.8381 238.592 15
Do¢u$ign Envek)pe ID 91019C6&2FAC4DB2A51&33C2eA52195F The Ecole Polytechnique Charitable Trust Notes to the Financial Statements (conth Year ended 31 December 2025 17. Related parties There are no other related party trans8Cti(Th to note. 18. Controlling party The TNst is controll&J by its Tntstees. 16