Charity registration number 1129270 IEngland and Wales) GREEN ACADEMY TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 f?) xeinadin
GREEN ACADEMY TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees ArnarAi Abdullah Khan Mutiullah Khan (Appointed 15August 20251 Charity number IEnglartd and Vlalesl 1129270 Principal address GteenA¢ademy 2 Queensberry Street Nottingham UK G6 ODG Auditor XeinadinAL*Jrt Limrte¢J GrouThJ Hoor. Ctygate Longridge Road Preston Lanca5hire Untsj Tr&ngdom PR2 SBQ 8ankeT5 SlarfiThJ Bart Operations Team 5th Floor Brunel House 2 Frfzalan Road Car¢Jiff Wa$ CF24 OFG
GREEN ACADEMY TRUST CONTENTS Page Trustees, report Inéependent auditotrs report statement of finanual actsvibes 8aL8nr£ sheet statement of cash flows 10 Notes to the finanaal statements
GREEN ACADEMY TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2025 Tre trustees present their annual rewt financial slaternents for the year etKled 31 August 2025. The financial Statements have been prepare(l in accordanc£ the accounting policies set out in note 1 to the fin8ncial statements and COMP with the ¢hanVs goveming documen( the Charibes Act 2011. FRS 102 'The Financial Reporting Standard applicable in the UK aThJ Republic of Iland. and the ch8r.e5 SORP "Accounting and Reporting by Charities.. Statement of Recomrnended Piactice appliCae to charib.es preparing their account5 in attor¢Jance wrth tr Financial Reporting Standard appkn"cab in the UK and Republic of Ireland IFRS 1021" Objectives and activitiès The 04"ectives ofthe charity as set out in its govemirwJ drurneThtare as fdlm". 1. The advanMent of the Islamic religion sn UK in accordance with the accepted wew of Ahle Sunnah wal Jamah in accordance with the juristi¢ inlerpretalion of the GrarKI Mufti of Darul Uloorn Al Arabya lslarniya by.. a- ProldIng facilth.es for education. relwJious Servi and communty activiDe5. b- Promdiw other such ser$ to the Islami¢ communty as needed. 2. To promote Islamic awareness arnongst peop of UK 3. To establish secular academic education system cDmpliant with the faith and LEliets of the Muslim uxnmunity in awrdance ¢lau5e 3.1. 4. To e5tabtish academic and 1j10u5 Ènsbtutiorts in U 5. The promotion of rdigiou5 harmony for the public tenefft by fostering trEtter latiOnS betsveen the Muslim community and the wider community. 6. For such othei charitable purposes accordirg to Ihe law of EThJland and Wdles a5 may from "me to time the the trustees shall determine. The Trustee5 have reviewed the objectNes ofthe tharity to ensure that they prowde an overall benefit to the public. In cond(Jcting this remew. the Trustee5 have consKlered the Chanty Commission's general guidan of public benefit. Slr8tegi&s for8chiewng aims and otsjectives The charity runs a nursery and after-school dasw IMaJra5al in the Radford ar¥J a prirnary School. nursery and Mosque at the Basford area of Noth"ngham. Publicb8nfit The trustees have paid regard to guidan issued by Charrty Commission in deciding what actl"ÈS the charity should undertake. A¢hievements and performan¢È SignifiG8nl 8clivit18s and achievements against oojeclives Throughout the year the charity maintsined the njnning of the nursèry, primary sd1 and madrasa to achieve it5 objectives. Th& charity runs a nursery and after-sthool dasses (Madrasal in Ihe Radford aThJ a primary school, nursery and Mosque at the Basford area ol Nottingham. Throughout the year. the charity conb.nued to Suc$fUl operate its nursery, primary School and madrasa. ddivenno education and community Services in line its charitable obj'ectives. A significant acmievement during the yearwas the u¥npletion ol ihe (apitsl prq'ect to establish an 151amic secondary school for boys. The refuth'shment and fit-out works have now been completed. and the Charity 15 awaiting gislration fOre the school can Commen operations. This repTesents a major rnilestone in expanding the charity's e(Jucalional prowsion and 5upporbng wpils through thw'r secondary •YuG8bon within an Islamic enwronmenL
GREEN ACADEMY TRUST TRUSTEES. REPORT {CONTINUED) FQR THE YEAR ENDED 31 AUGUST 2025 The charity has contin(Ed io invest in its educational fac41ibe5 arKI infrastructure Whi maintaining its existing services. ensuring it remains well plac to meet the needs of the CA)rnmunities rt serves. Financial review Resekves policy charity's re5erve5 pdicy is to maintain a suffiu.ent ¥81 of untricted IU#j reserves to meet its Short-term obligations, manage uxpeCted expenditure and support Ihe continwl delwy of its tharitable activitses. Althe end of th8 financial year. unre5tricied liquid ServeS stood at £4.121. This was below the Trustees, long-term target as a direct result of the planned investment in compleb.ng the tharitys Secondary school Capital prq"ect. The Trustees were satisf that this temporary reducb.on in reserves was cons15tent wth the charrty's strategic ob5ectives and had been earefvlly conwder&J as part of overall fvndin9 cash fiow arrangements for the project. Followng the completvjn of the caprtal prqec( the Trustees exr*d the charity to strerythen its reserves through its n(h7nal operab"tvJ actiwties whik continuing to maintain sufficient IV4uty to meet its firtanryal cThmmitments_ Pmcipal funding sources During the period the ch8rty raised a total of £2.030.120 of irtoming resources before chariU)le expenditure. Mosl ol the funds raised were through voluniary donations from within the loral corntnunity. nuery fee5. school fees, m3drasa fees and through a number of fuThJraising prOgrme$ al the insb¢ute in ordei to furtherthe objectives. Maiorrisks The Truste85 have ass855ed the major rtsks to which the thanty is expos&Y and are satisfied that systems and procedures are in pla to rnitvJaie oui exposure to the major risks. Plans forfuture periods The charity remains commrtied to expandirrtJ ts edurational prowi5ion lo meet thè growing needs of the community. During the year, the renovation and conversion of Ihe secondary sclK)ol premises were ¢c¥Mpbted. creating a purpose-built educational facility for boys. The charity is now awaiting registrabon of the school before it Can commence operation5. Looking 8head. the Trustees will fooJs on securiNJ registration. wuitin9 additional 51aff where required. and pparing the schwl for its first intake of pupils. Along$e this. the thanty VMII continue to invest in its existing nutsery. primary school and madr2sa. ensuring that hvJh standards of luCliOn. safeguardir¥J and govemance are maintained across all areas of its educational provision. The TDJStees remain eommitte¢l to delivering hIgqa11ty l$lamic ac2dernic education while 8n5uring the long- iemi finanrial sU5tainability of the charity and supports.ng the needs ol the locJ oynmunity. Structure, goveman¢e and management Green Academy Twst is a charity govemed by its consliiubon dated 19th FebnJary 2009 and was registered wth the Charity C(mmission on 23rd April 2009. The trustees who sewl during the year arKI up to the date of SNjnatU ofthe finanoal statements We.. AmarAII Abdullah Khan Muharnmad Bilal Bawa MutiulLah Khan IRe5igned 15Augu5t 20251 (Appointed 15 August 20251
GREEN ACADEMY TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 R8cmilment and appointment of bvslees 1. The Charity and its property shall managed and administered by a c(mmittee cornprisiry the Officers, Trustees and other members e¢ted in accordance wth Ihis CofSIt00n. 2. The Charity shall have the foll(ywiThJ Offir$.. A¢thaw. secretary aThJ one treaSur 3. A Trustee must be a Metnber ofthe Chanty 4. No one rnay be appointed a Trustee if he or she would dwualified from athr¥J urKler the prowsions of dause 19. 5. The nurnber of Trustees shall be three. 6. A Trustee may apptynt anyone to aci on his or her behaw at rneeb.ngs ofthe Trust. Appointment of Trustees 1. The trustees may appoint anyone who is willing tts act as a Tnjstee. they may also appoint Mernbers to aci as Officeis. Organisational structUf8 The Management board oversee the running of the chanty on a day to day basis. operational decisions a made at manageMt board meeting5 which a hekj frequently throtyjh the year. The tsustses oversee the overall project wrth involvement in key decision making. olh8rnpa11815 Risk Management The Trustees have assessed the major risks to which the chanty is exposed and are satisfied that systems and procedures are in Pla to mibgate our exposure to the major risks. Statement of trustees. responsibilities The trustees are responsible for prepariNJ the Trustees. Report and the financial statements in accordance wth applicable law and United ngdorn Accounting Standards (Unrted lQ"ngdom Generally ACpted Accounting PractiC81. The law applicable to char5tses in England and Wales reouires the trustees to prepare financial statetnents for eath finanaal year which give a true ard fail ¥W of Ihe State of affaits of the charty and of the InCnIng re50urce5 and application tsl sOur9 of the thaiity for that year. In pparIng these financial 5tstements. the tru5tee5 are requi to. seled surtable awounting po11rie$ 8nd tn apply them consistenuy.. obseNe the [neth(S and pnnuples in the Chartties SORP. - make judgements 3nd estimates that are ¥sonable and prudenl - state whether applicable accounb.ng siandard5 have been followed. subj.ect to any material (Separtures d15clo%d explained in the finanaal slatsments. and - prepare the financial statements on the going concem basis unless it is inappfopriate to pume that the charty will continue in operatK)n. The trustees are responsible for keeping suffiuenl aecounting recA>rds that disdose with aSonable accuracy at any "me the financial posrtion of the charty and enable them to ensu that Ihe financial statement5 Cotnply with the Charities Act 2011. the Charity (Accounts and Reportsl Regulab"ons 2008 and the provisions of ihe trust deed. They are also responsible lor safeguarrJirKJ the assets of the tharity and hence for takiThJ reasonable steps for the prevention and detectson of fraLJd and other irregularityes.
GREEN ACADEMY TRUST TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 The tstee5. report W8s approved by the Board ofTw5tees. Muliullah Khan Trustee Date.. 1010712026
GREEN ACADEMY TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF GREEN ACADEMY TRUST Quallfied opinion VkÈ have audited the finanrial statements of Green Academy Trust lthe'eharity'l for thè year ended 31 August 2025 which comprise the statefflent of finanoal adtwties. the balance 5heel the statement of cash flows and notes to the fin8n¢ial ststernenis. including significant accounting policS. The finanual reportiffj framework that has been apie in their preparation is appluble law and Unite(l knngdom Ac£ounting Standards. induding Financial Rep)rting Standard 102 The Fin8ncial Rep(>rtirw Standard apphcable in the UK and Republ of Ireland (United Kir¥Jdom Genera1tyAcpte(j AccountiTrJ Practice}. In our opinion. extept for the wssibk effects of the matter de5cnl)ed in the Basis for Qualified Opinion paragraph, thefinancial statements". give a true and fair view ol the state of the chartys aifair5 as at 31 August 2025 and of its ir1MIng resources and application of resources. for the year then ended.. have been properly ppared in acwrdance vth United lQ"rWom Generally Apted Ar£ounting PractbC&." and have been Ppad in accordan with Ihe CharibesALt 2011. Basis for qualified opinion Vve were appointed as audrtors of Ihe tharity for the year ended 31 August 2024 and we were unable to obtain sufficient appropriate audit eviden regarding the opening balan at 31 August 2024. as the finantyal statements for the preceding tenod nol been audited because the Chanty was exempl from audit. As a ie5uI( we we unable to dètermine whether any adjustments We neSary to opening balances. comparative information, or opening fund balanS for the year ended 31 August 2024. and this gave rise to a qualified au¢it opinion in our auditor's part for that period. This matter remains unresolved in the currenl year. Consequently. we have been un8ble to obtain suffiaent appropriate audit ewdern regarding the opening balances at 31 August 2025. and we were therefore unable to deterrnine whether any adjuslmenis mvjht have LEen Issary to the comparative fuure5 and openiTrJ fvnd balan$ induded In the finanoal statements for the year end•1 31 August 2025. We Conducted our audrfc In accordan wtth Intemational Standards Audthng IUKI IISAS IUKII and applirabl8 law. Our responsibilities undei those standards are further described in the Auditors sponsIbilItIeS lor Ihe autlit or the financNal statements sectson of our reporL are Independent of the charty in accordan wth the ethical requirement5 that a levant io our audit of the finanual statements in the UK. induding the FRC s Ethical Standard, and we have fulfilled our other ethical responsibilitses In accordance wth these requirements. believe that the audit eVenCe we have obtsined is sufficient and appropriate to provide a basis foi our opinion. Coficlusions relating to going ¢ort¢em In auditing the finanoal statements. we have conduded that the tnJstees' use of the going concem ba5 tsf a¢counb"ng In the preparab.on of ¢he finanrial ststernents 15 appropriate_ 8e on the work we have performed. we have not thftb.fied any materBI uncertainties Felaknng to events or CDThditions th3L indivKJually or colkctively. may G3St Slgnificant doubt on the Charity's ability to continue as a going conTrm for a period of at leasttwelve months from when the finanual statements a auihorised for issue. Our responsibilities and the ponsIbIl1e5 of tr trust&s with resrect to going concern arè deSbed in the rekvant sections of this report. Other informalion The other infomialion comprise5 the infonnation indude<l in Ihe annual report other than financial statements and our auditorfs report theOn. The trustees are responsible for other infom)ation contained wthin the annual report. Our opinion on the finanual 5tsternents does not a)ver the other Inforniation and we do not express any form of assuran ¢ondLJsion thereon. Our responsibility is to read tr* other infotrnabon and. in doing so. consider whether the olher 1nf0rn)atn is malenally incon%5tent with the finanoal statements or our knowledge obtained in the course of the audit, or otherwise appears to be matenally rnisstated_ If we identify such material inconsistenc$ or apparent material mi%slatements. we are requi to detemiine whether this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have perf0m1. we condude that ihere is a material misstatement of Ihi5 other infomab"on, we are required to report that facL We have nothing to report in this regard.
GREEN ACADEMY TRUST INDEPENDENT AUDITOR'S REPORT {CONTINUED} TO THE TRUSTEES OF GREEN ACADEMY TRUST Motters on which we art requlred to report by ex¢eption We have nothing to pOrt in respect of the folkjwng rnattets in relab"cx) to whith the Charities IAccount5 and Report51 Regulations 2008 requires us to report lo yov if. in our osxnion." the Inlom)ation given in the financial statements 15 inconsistent in any material SpeCt with the trustees. report". or sufficient accounting records have not been kept." or the financial staternent5 are not in a9ment with accounting reawd5". or we have not receNed all the snformation and explanaliorts we requi lof our audit. Responsibilities of trustee5 As explained more fully In the statement of trustees, responsibiltbes. the trustees are fr>r the preparation of the financial statements and lor being satsfied that they give a true and fair Mew. and for such inlemal control as the trustees determine is necessary to enab the preparation of finanryal ststernents that are free trom material misstatement. whetmer due to fraud or error. In preparing the finanoal statements. the trustees are responsible for assessing the charity's ability to continue as a goiw conrn. disdosing. as app15cable. matters related to going concern and using the going concem basis of accounting unless the trustees either intend to cease operations, or have no realistic atternatwe but to do so. Auditorfs responsibilities for the audit of the financial staternents We have been appointed as auditor under section 144 of the chanb.es Act 2011 and report in accordan wrth the Act and relevanf regulations maiye or hawng effect thereunder. Our objecb'ves are to obtain reastsnab assuran aboui whether the financ slaternents as a whole a free fvom material ffli5StaterDent. whether due to fraud OT error. and to issue an audito¢s port that indudes our opinion. Reasonable 855urance is a high Ve1 of assuran but is nol a guarantee Ihat an aLKlit conducted in 8¢cordance with ISAS IUKI will asYS detect a material misstatement when it exists. Misstatetnents can anse from fraud or 8iior and are Conside material if. indmdually or in the aggregate. they coul(J 3$onablY be expected to influen the econornic detisions of users taken on the basis of these finanual statements. The extent to which our prorU[e5 are Capab ol delecb"NJ irwUritres. indling fraud. is detailed below. Our approach to identifying and assessing the risks ol malerial rni5Staternent in respect of irregularity'es. induding fraud and non-cornpliance with laws and ul8t10n$. was as foll(yws" the engagement partner ensured thal the engagement team Co1 had the appropriate competen. capabilities and skills to Identify or rewnise norpc0mpl1an with applicable laws and regulations". we identsfied the law5 aTrJ wulaknons applicable to the charity through disDJssions wrth trustees and other management, and from our comrnercial kedge and expenence of the relevant sector". we focused on speofic laws and regulabons whth we conskyered may have a direct material effect Dn the finanaal statements or the operations of the charity. induding the taxation legislats.on and data protection. anii- bnbery. employment and health and safety legislation.. . we assessed the extenl of cornpliar with the law5 awyj regulth.ons identifed above thrOJh rnaking enquiries of man8gernent and inspecting legal correspondence." and identifed laws and regulations We communicatsd wthin the audit team regularty and the team mained alert to inStanS of non-complian throughout aj assessed the suscepts"bilty ol the charty s finanoal ststements to rnateaal rnisstatement. induding obtaining an understanding of how fraud might occur, by. making enquiries of management as lo where they considered was $upbb11ty to fraud. their knovAedge tsf aciual, suspected and alleged traud." and wulations. To address the risk of fraud through management bias and override of controls, we performed analyb¢81 pro(Edure5 to entity any unusual or unexpected relationships" iested ioumal entries to identify unusual transactions. assessed whether jLKJgements aThJ ass¥mpbons made in detemiining the accounts.ro estimates were indicstive of potential bias.. and iftvestigated the rationa behind sgnificanl or unusual tranSan$.
GREEN ACADEMY TRUST INDEPENDENT AUDITOR'S REPORT ICONTINUED) TO THE TRUSTEES OF GREEN ACADEMY TRUST In iesponse to the risk of irregularities non-complian wilh laws and reguLats"ons. designecl procedures which inCle. but were not limited to.. agreeing financial Statement disclosures to undedyirvj supporting documentation." reading the minutes of meetings of those charged wth g0veMan.. enquiring of management as to actual and potenttal lffj"gation and dJims." and reviewing CorsPonden with HMRC. thnt regulato induding the Heath and Safety Exewtive. and th8 charity's legal adwsors. There are inherent limitalon5 ln our audrt proureS ¢Jescribed above. Auditing standards also lirnit the aj11 prOOUre$ required to identify non-cofflpliano with laws and wulat>ons to enquiry of the trustees and other tnanagement and the inspection of regulatory and 81 cnden, if any. A fijrther descripts.on of our SponSibl1e$ is available on the Financial Reporting Counal'5 web51te at". htty)s".11 wMv.froorg.uklauditorsresFx)nsibilities. This descripts.on fomis part of our a(kYitoes pOrt Other matters Your attention is drawn to the fact that the Chanty has prepared finanryal statements in accotdance wth"Accountsng and Reportsng by Charities". Statement of Recommended practs applicable to charitses preparing their account5 in accordance with the Financial Reporting StatKlard aPIcable in the UK an¢ Republi¢ of Iand IFRS 1021 las arnendedl in weference to the Accounting and ReportirvJ by chareS Staternent of Recommended Practice issued on 1 April 2005 which is referred to in the extsnl regulabons b(rt has now been wthdiawn. This has been done in order for the finarrial ststements to womde a Irue aThJ lair viw in accordan wth current Generally Accepted Ac¢ountirg Practice. Use of our report This report Is made solely to the chanty s Iruslees. as a body. in accordane£ ¥Ath Part 4 of the charit5 (Accounts and Reports) Regulations 2CM)8. Our audit work has been uThJertaken so that we might state to the charity's trustees those matters we are wuired to state to them in an auditor'5 report 3nd for no other purpose. To the fUl$t extent pemitted by law. we do not acwt or assume pOnsIbIlity to anyone olhei than the tharity and charity's irustees as a body. for our audit work. for this port or for the opinions we have formed Farook Pat81 BEng FCA Isenior Statutory Auflitorl For and on behalf of Xeinadin Audit Limited. StatuloryAth1rtor Chartered Accountants Ground Floor, Citygate LorvJridge Road Preston Lanc8shire PR2 58Q Unrted Kin dom
GREEN ACADEMY TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Unrestricted Restricted fund5 fvnds 2025 2025 Total Untricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Ineome fmm: Oonations and legacies Ch8ritable actiwties Other trading adiwknes 1.058.136 954.406 17.578 1.058.136 954.4( 17.578 1.107,559 974,840 12.697 1.107,559 974,840 12,697 Total in¢ome 2.030,120 2.030.120 2.095.OS 2,095.096 Expenditure on- Charitable activities 1.742.265 1,742.265 1.851.750 1.851.750 Total expenditure 1.742.265 1.742.265 1.851.750 1,851,750 Net In¢ome 287.855 287.855 243.346 243.346 Transfers beeerS funds 228.695 {228,6951 Net movem8nt in funds 516.550 1228.6951 287.855 243.346 243,346 RecontiTiation of fund$= Fund balances at 1 September 2024 1.022.257 228.695 1.250.952 778.911 228,695 1.007.606 Fund balances at 31 August 2025 1.538.807 1.538.807 1.022.257 228.695 1.250.952 The statement ol finaral actIWt indL#Yes all gains and losses reJn1Sed in the year. Ail income and expenditu derive from continuing actiwties.
GREEN ACADEMY TRUST BALANCE SHEET ASAT 31 AUGUST 2025 2025 2024 Notes Fixed assets Tangible assets 11 1.758.108 1.088.221 Current assets Debtors Cash at bank and in hand 12 44.197 4.121 52.865 248.443 48.318 301.308 Creditors= amounts fa115ng due wthin one year 13 1267.6191 1138,5771 Net curmnt Illabll¢tiesVassets 1219.3011 162.731 Total assets less curr8nt liabilities 1.538.807 1,250.952 The funds of the charity Restricted incrrfne fvnd5 Ue51Cted funds 15 16 228,695 1.022,257 1,538.807 1.$38.807 1.250.952 1010712026 The financial statements wwe approved by Ihe trustees on ......................... Muliullah Khan Trustee
GREEN ACADEMY TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGusf 2025 2025 2024 Notes Cash flows from operating activiti•s Cash generated from operations 19 501.103 410.049 Investing activities Purthase of tangibk fixed assets 1745.4251 1507.7801 Nel ¢a$h used in investing activities 1745.425} 1507.7801 Net cash generated from financing activÈties Net decrease in cash and cash equivalents 1244.3221 197.731} Cash and cash eqllWantS at b8ginniThg ofyear 248.443 346.174 Cash and cash equivalènts at end of year 4.121 248.443
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies 1.1 Ba$18 of preparation The financial 5tatetnents ha¥e been ppar in accordan with the charivs govemiro document. the Charrties Act 2011. FRS 102'The FinanLyal Reporbng Standard applicaue in the UK and Republic of Ireland" and the Charitie$ SORP 'A¢¢ountsng and Reporting by Charities." Ststetnent ol Recommended Practi applicable to charities prepariro their accounts In accordan with the Finanaal Reporting Standard applicable in the UK arKI Republ of IFRS 1021- The charity ¢ a Public Benefrt Entity as defined by FRS 102. The financial statements have departed from the chare5 IAccounts and Reportsl Regulath"ons 2008 onty to extent quIred lo promde a true fair view This (Separture has involved followng the Staternent of Recomrnended Practi for charib.es apptying FRS 102 rather than the version of the Statement of Recrynrnended Practce whith is referred to in the REgulab"ons but which has since been withdrawn. The financial statements a prepared in steding. which 15 the lunc1naL ojrrency ol the drity. Monetary amounts in these financial statements a rounded to the neat £. The ftnancial statements have been prepared under the historitsl cosl conventson. The prinopal awounting liaes adople(l are set out betow. 1.2 Going concern At the tirne ol approwng the finanoal statements. the biJ$tee5 have a 8$onable expectabon that the charity has adequate resour$ to continue in operatsonal existen for the foreseeable future. Thus the trustees continue to adopt the going concern bas of accounting in preparing the statements. 1.3 Charitable lunds Unrestricted funds are availab for use at the discretion of the trustees in tsjrtheran of their tharitable objectNes. Restricted funds are subject to speafic condit50ns by donots or granto[5 as tts how they may be used. The purposes and uses of the restricted fvjnds are set out in the notes to the fiTraal statements. Endowment fu$ are subject to speofic (xYlon5 by dorxjrs Ihat the capital must be rnaintained by the tharity. 1.4 Income Income is recognise(I vthen the charty is legalty enbtied to rt after any rErfornlan condibons have been rnet. the amounts can be measured llabty. and rt ts Fyobabk that ino)me VAII be receN. Cash don3tions are recognised on 1pL other rjonab.ons a recognise(l On the charty has been notified of the donation. unless performanTr Cot¥J0nS require deferral of amounL Income tax re¢overable in r£lab"on to donations re1Ve under GiftAid or deeds of covenanl Is recjniSed at the time of the donation. Legac¥85 a COgnised on rlpt or otherwise rf ch8rty has tr*en notified of an itnpending d15tribution, the amount is known. arKJ ceipt is expected. If Ihe amount LS not known. the IacY is treated as a contingent asset
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies Icorblinuedl 1.5 Expenditure Eypenditure is COgnised On Ihere a leg4 or constnth obligation to transfer econotnic benefit to a third party, it is probable that a transfer of econ(nic berefits will required In 5etUernent. and the amount of the obligation can be tneasured reliably. Expenditure is classified by actiwty. The costs of each acbvty a made up of the totsl of direct costs and shared costs. induding support costs involved in undertaknng each activty. Direct costs attribuiable to a single activity are allocated directly to Ihat acbmty. Shared costs vknich contribute to mole than one activity and support costs which are not attributaue to a single actmty a apportsoned between those actiwbes on a basis consistent with the use of resources. Central staff cost5 a allocated on the basis of time spent, and depreciaknon charges are allocaied on porbon of the asset's V5e. 1.6 Tanglbl fixed a$sets Tangible fixed assets are in"allY measured at cost and subsequentty measured at caist or valuab'on. net of deprecAation atxl any impaimient losses. Depreciation is recognised so as to write off the cost or Valuab.( of assets kss their resKlual values over their useful lives on the followiThJ bases.. Freehokl land and buildings Plant and equipment Fixtures and fittiTrJs Computers Motor vehides 2% straighl line methLyJ 10% Strah1 lirE rnethod 10% 5trayht line method 10% slrauht lire method 20% straight lire method The gain or bss arising on the disposal of an asset is deternined as Ihe differents between the sale prOed$ and the carrying value of the asset. and 6 recognised in statement of finaThial actiwties. 1.7 Impairment of fixed a55ets Al each POrts9 end dale. the charity review5 Ihe Ggrrying arnounts of its tsngible assets to cletemiine wheth&r there Is any indicatron that those assets have suffere<l an irnpairment loss. If any 5uth indiration exists, the recoverable amount of Ihe asset is esb"mated in order to detemiine the e)rtent of the impairrn8nt loss lif any). 1.8 Cash and cash equivalents Cash and cash equivalents Include cash in hand. deposits held at call wth banks, other short-term liquid investments with original maturities of three rnonths or 5. and bank overdraft5. Bank overdrafts are shown within borrowings in current lobilities. 12-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies l¢ontinuedl 1.9 Financial instwments The charity has elected to appty the prowi5ions of Section 11 'Basic Financial Instnjments, and Section 12 'other Finanoal Instruments lssue5' of FRS 102 to all of its finawal in5trurnents. Financial instruments are Tecognised in the ¢hartys balan sheel vthen the tharity bècomes party to the r3)ntra¢tual prowsions of the instrument Financial assets arKI Iiabilites are offsel with the net amounts presented in the finanual statements, when there is a legally enforable right to set off the recognised amounis and there is an intents.on to settle on a net basis or to realis8 the asset and sellje the lthilty SIMUaneWSty. The d)arity only has finanual assets arKI liabilities of a kIj Ihat quality as ba$5c finanrial instruments. Basic finanual instruments a inth.ally recognise(J at transaction value and subsequenuy measured at amortised cost Finanoal assets held at amorbsed cost comprise cash and bank in harTrd trwje debtor5 and other debtors £48,318 12024." £301.3081. Financ4al liabilities hebj at ar0sed cost comprise all uedrtors expt sooal seojrity and other taxes £221.99512024.. £125.9421. Basic financial assets Basic financial assets. whith indude debtors arKJ cash and bank balances. are Initially Measu at transaction price induding transathon costs and are subseQnY Carried at amortised cost using the effective interest method Un3$ the arrangement con5tiiutes a finanung transaction. where the transaction 15 rneasured at the present value of the future reCapts dcOunted at a market late of Interest. Financial assets dassified a5 receivable wthin one year a not amorbsed_ Bas1¢ Ilnan¢lal Ilabllities Basic financial liabilities, InrJudirvJ creditor5 and bank loans are inib.alty rewnised at transaction price unless the arrangement constrtutes a financing tiansacbon. Whe the debt instrument is measured at the present value of ihe futu payments discounted at a market rale of inierest Finanual Iiaknlitie5 dassthed as payable thin one year are not arnortised_ Debt instruments are subseouenuy carried at amortised cost. Using Ihe elfective Interest rate method. Trade creditor5 are obligatKJns to pay for goods or 5erwces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are da5sified a5 cutnt Iiabilibes if payment is due vAthin one year or les5. 11 not. they are presente(l as norpcurrent liabilibes_ Trade creditots a OgnISed Initially at transaction pri and subsequentty rneasured at am0se<l cost using the effective interest method. Derecognition of financial liabilitles Financial liabilities are derecognised when the charty's contracbjal oblKJ3b"ons expl or are discharged or ncelid. 1.10 Employee benefits The cosl of any unused holiday enbuernenl is reccantsed in Ihe peri(AY in whith the employee's seNS a received. Temiination benefit5 are recogni5e(J immediately as an expense wknen the charity is demonstiably cotnmitted to temiinate the employment of an empbyee or lo pfovide terminabon benefits. 1.11 Retirement benefits Payment5 to defined contribution rebrement benefit schemes are tharged as an eynse as they fall d. 13-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Accounting policies (Continued) 1.12 Fund accounting Unrestrided funds can be used in arA)rdanc£ th Ihe tharitabl8 obJ"ectives at tt* discrets.on ol the trustees. Restncta funds can only be used for partubr trIcted purposes within the obj.ects of the chanty. Restrictions arise when Specified by the donor orwhen funds a raise(I for particular $trted purposes. Further explanab.on ol the n8re purpose of each fvnd is induded in the notes to tre financial statements. In¢ome from donations and legaci8S Unrestrfjcted Unrestricted funds funds 2025 2024 Donations and gifts Grants 237.(60 821.076 436.563 670.996 1.058.136 1.107.559 Income Irom charitable adivltle$ Unrestricted funds 2025 Unrestricted funds 2024 Charitable activities Nurs&ry and Schooling School meals Ancillary Irading income 898.452 38,932 17,022 921,573 31,634 21,633 954.406 974.840 Income from other trading activities Unrestri¢tsd Unrestricted funds funds 2025 2024 Fundraisng events Letting and linSing arrangements 13.353 4.225 12.697 Other trading activib'es 17.578 12,697 14-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 EXpendIre on charitable activities Charitsble activities Charitable activities 2025 2024 Dir8ct costs Staff costs Charitable donations School meal staff Iiaining Subcontractor labour BusIsS rate5 DBS Ched(s Ofsted lees School supplies School trips censes and subscriptions Event supplies 1.246,243 6.863 56.543 5.S83 18.343 10.745 1.227 2.720 33,660 8,016 28.739 1.952 1.236.412 13.664 49.119 3.422 65,573 7,580 2,015 5,190 66.875 10.878 19.624 10.845 1.420.634 1,491,197 Share of support and govemance costs (see note 61 Support 321.631 360.553 1.742,265 1.851.750 Anatysis by fund Vnrestricted funds 1.742.265 1.851,750 15-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support costs allocated to activiti*s 2025 2024 Depreaation Pfomobonal costs Bank charges Repairs an(J maintenanc Rates Printing. postage and stationary Cornputer and telecommunicati$ Equipment hire Motor and travel Other support costs Insuran Governan costs 75.538 79,347 2.455 313 103.786 29.612 12.514 8.454 16,297 13,728 43.455 17.287 33.305 41.560 37.125 16,427 33,130 258 24.442 45.680 12.930 33.373 321,631 360.553 Analysed bets¥een: Charitable a¢tivibes 321.631 360,553 2025 2024 Govemance Costs comprise: Audit fees Legal and professB)nal 8,0(K) 25.373 7.8CKJ 25.505 33.373 33,305 Net movement In funds 2025 2024 The net movernent in funds is stste(J after ChargIn(Cedrv4l'. Fees payable lor the audit of the charity's finanual statements Depreualion of owned tarvJible fixed assets 7,800 79.347 75.538 Trust8eS There were no trustees expenses paid for the year ended 31 AU$l 2025 nor for the year ended 31 August 2024 unng trE year. remuneration of £8.613 12024." £7.7311 was paid to Mr Maulana Abdullah Khan and rernuneration of £12.472 12024. £nill was paid to Mr MubulL4h lthan for semces promded to the charity in addition to their dLAies as trust&s. 16-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Employees The average monthly number ol employees during the year vra5". 20 Number 2024 Number Admin & Support 105 76 Employmènt eo$ts 2025 2024 Wages and Salaries Soaal security costs Other pension costs 1.174.236 68.337 3.670 1.193.924 39.318 3,170 1.246.243 1.236.412 There were no ernpltsyees whose annual rernUrration was more Ihan £60.(. 10 Taxation The thanty is exempt from taxabon on its aC'V5 tÉcause all Èls income is applied for tharitawe puOseS. 11 Tang¥blt lfjxed assets F¢hOt land and building pTrI ar1 and qquipTheilt rlttirbgs Computers Motor v¢hicIès TotAI Cost Al 1 September 2024 Additions 871.536 613.969 330.093 94.605 93.918 31.191 12.800 1.308.347 745.425 At 31 August 2025 1.485.505 5.660 424,698 125.109 12.8W 2.053.772 Depreciation and impairnient Al 1 September 2024 DepriatiOn tharged in the year 29.091 173.788 14.687 220.126 17.431 42,470 12.511 75.538 At 31 August 2025 46.522 216.258 27,198 5.120 295,664 Carrying amount At 31 August 2025 1.438.983 5.094 208,440 97.911 7.680 1,758.108 At 31 August 2024 842.445 156.305 79.231 10,240 1.088,221 17-
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 12 Debtors 2025 2024 Amounts falling due within on• y•ar: Trade debtors Other debtors 4,928 39.269 2.095 50,770 44.197 52.865 13 Creditors: amounts falling due within one yèar 202$ 2024 Olher taxation and wal securtty Trade edItOrS Other creditors Accrua15 and deferred income 45.624 756 199.483 21,756 12.635 113.654 12.288 267,619 138,577 14 Retirement benefit schemes 20ZS 2024 Defined contribution 5chÈmes Charge to profit or loss tn respect of defineij contribuiion sthemes 3.670 3,170 The charrty operates a defined conlribulion pension scheme for all qualifying employees. The asseis of ihe scheme are k1 separately from those of the charty tn an indepeThJentty administered fund. 15 Restricted funds The restricted funds of the d)arrty comprise the unexpended balan of donatr'ons and grants held on trust subject to speofic ¢ondition5 by donots as to how they may be used. The ie5tricted funds were raised speofically for the secondary project which has now been completed. As the purpose for whth the funds were restricted has been fulfilsed. the reslricbon has been satisfied. At1 September 2024 Transfers At 31 August 2025 R8slricted fun¢Js 228.695 1228.6951 Previous period= At1 September 2023 Transfers At 31 August 2024 Reslricted fvnds 228.695 228.695 18-
GREEN ACADEMY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
16 Unrestricted fun
GREEN ACADEMY TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 19 Cash generated from operation5 2025 2024 Surplus for the year 287,855 243.346 Adjustments lor. Depreciation and impaimient of tsngille fixed assets 75,538 79.347 Movements In working capital: DeCaSe/llncrease} in debtor5 Increase in creditors 8.668 129.042 144,3651 131.721 Cash g•ntrrated from operations 501.103 410.049 Anatysis of changes in net funds The charity had no material debt during the year.