## **REGISTERED CHARITY NUMBER: 1133629** ## **REGISTERED COMPANY NUMBER: 05802582** ## **AMITY EDUCATIONAL FOUNDATION** (A private limited company by guarantee without share capital use of ‘limited exemption) ## **TRUSTEES’ REPORT AND FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED** ## **31 May 2025** Amity Educational Foundation. Registered in the UK. Registered office: 244 Chase Road, London N14 6HH Charity Reg No. 1133629 Website: http://www.amityeducation.org.uk/ E-mail: info@amityeducation.org.uk ## **AMITY EDUCATIONAL FOUNDATION** |**Contents**|**Page**| |---|---| |Legal and administrative information|2| |Trustees Report|3-4| |Accountant’s Report|5| |Statement of Financial Activities|6| |Balance Sheet|7| |Statement of cash flows|8| |Notes to the Financial Statements|9-17| 1 ## **AMITY EDUCATIONAL FOUNDATION** ## **Legal and administrative information** ## **Trustees** Davud Aktas Aydin Aktas Ercument Ozcan M I Sengel ## **Company Number: 05802582** **Charity Number: 1133629** ## **Registered Office address** 244 Chase Road, London, N14 6HH ## **Accountants** AA Accountancy Services 244 Chase Road London N14 6HH 2 ## **AMITY EDUCATIONAL FOUNDATION** ## **Trustees’ Report** This report has been prepared by the board of trustees of Amity Educational Foundation to present the activities, financial overview, and future plans of the charity for the period 1 June 2024 – 31 May 2025. ## **Objectives and Activities** The principal objective of Amity Educational Foundation is to increase access to quality education, particularly for disadvantaged groups, and to promote lifelong learning. In pursuit of this *purpose*, the foundation runs scholarship programmes, collaborates with educational institutions, and delivers teacher and student development projects. During the year, the foundation: - Provided scholarship support to primary and secondary level students. ‑ - Organised in service training seminars for teachers. - Delivered mentoring and career guidance programmes for students. All activities have been planned and carried out in accordance with the governing document of the foundation and the applicable legal and regulatory framework. ## **Main Achievements in the Year** ‑ During the reporting period, the foundation’s education focused work can be grouped under the following headings: - Scholarship Programmes: Annual scholarships were awarded to children from low ‑ income families, in line with transparent and predefined eligibility criteria. - Education Projects: In cooperation with schools and universities, the foundation organised ‑ workshops, summer schools, and exam preparation courses. - Infrastructure Support: The foundation contributed to improving the library, laboratory, and digital learning infrastructure of selected educational institutions. These activities have strengthened the foundation’s ability to fulfil its charitable aims and have increased its positive impact on beneficiaries. ## **Financial Review** In this reporting period, the foundation’s main sources of income consisted of donations, grants, and funds carried forward from previous years. Expenditure was primarily related to scholarship payments, project costs, and necessary administrative and governance expenses. The trustees confirm that the financial statements have been prepared in accordance with the relevant accounting standards and that income and expenditure have been recorded on a true and fair basis. An independent examiner/auditor has reviewed the financial statements and confirmed that they give a true and fair view of the foundation’s financial position. 3 ## **Governance, Risk Management and Future Plans** The foundation maintains appropriate internal control mechanisms to ensure that its operations are effective, transparent, and compliant. Financial, legal and operational risks are regularly reviewed, and mitigation measures are implemented where necessary. The trustees’ key priorities for the forthcoming period are: - Expanding scholarship programmes to reach a larger number of students. - Investing in digital education projects to support remote and blended learning. - Developing joint projects with national and international partners to broaden the foundation’s reach and impact. The board of trustees expresses its gratitude to all donors, volunteers, staff, and partner organisations whose support enables the foundation to continue its work in the field of education. ## **Approved by Davut Aktas on 9 December 2025** ## **Davut Aktas** 4 ## **AMITY EDUCATIONAL FOUNDATION** ## **INDEPENDENT EXAMINER'S REPORT TO TRUSTEES OF AMITY EDUCATIONAL FOUNDATION** I report on the accounts of the charity for the period ended 31 May 2025 which are set out on pages 10 to 20 ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Act 2005 and the Charities Accounts Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention other than disclosed below. 1.which gives me reasonable cause to believe that in any material respect the requirements: •to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations •to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 2.to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached **.** AA ACCOUNTANCY SERVICES Chartered Certified Accountant 244 Chase Road, London, N14 6HH Date: 09/12/2025 5 ## **AMITY EDUCATIONAL FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES** ## **(Incorporating income and expenditure account) FOR THE YEAR ENDED 31 MAY 2025** |**Unristricted**
**Notes**
**Funds**
**INCOME AND EXPENDITURES**
**£**
**INCOMING RESOURCES**
Incoming resources from generated funds:
Voluntary income
2
465087
Activities for generating funds
3
0
Investment income
4
20225
Incoming resources from charitable activities
5
18571
Other incoming resources
6
21308
**TOTAL INCOMING RESOURCES**
525191
**RESOURCES EXPENDED**
charitable Activities
7
474308
Governance Costs
8
48709
Other resources expended
9
0
**TOTAL RESOURCES EXPENDED**
11
523017
**NET INCOMING/(OUTGOING) RESOURCES**
**before transfers**
**21**
2174
**Transfersbetween funds**
-
**NET MOVEMENT IN FUNDS FOR THE YEAR**
2174
**Total Funds at 1 June 2024**
139920
Prior Year Adjustment (Note 20)
0
**Total Funds at 31 MAY 2025**
142094
=====|**Restricted**
**Funds**
**£**
0
0
9750
0
-
9750
9750
0
0
9750
0
-
0
0
0
0
=====|**2025**
**Total**
**£**
465,087
0
29975
18571
21308
534941
484058
48709
0
532767
2174
-
2174
139920
0
142094
=====|**2024**
**Total**
**£**
317,317
0
58650
52987
1851| |---|---|---|---| ||||430805| ||||353959
29505
0| ||||383464| ||||47341
-| ||||47341
92579
0
139920
=====| The notes on pages 9 to 17 form part of these accounts. 6 ## **AMITY EDUCATIONAL FOUNDATION** ## **BALANCE SHEET AS AT 31 MAY 2025** |**Notes**
**2025**
**₤**
15
27807
Programme related investments
**16**
0
27807
Debtors
**17**
11410
Stocks
21000
92955
125365
**18**
(6374)
**19**
(4704)
142094
**=====**
**21**
0
**21**
142094
142094
**=====**
Unrestricted funds
**CREDITORS:**Amounts falling due
within one year
**Total assets less current liabilities**
**Net current assets / (liabilities)**
**CREDITORS:**Amounts falling due
more than one year
**FIXED ASSETS**
Tangible assets
**CURRENT ASSETS**
Cash at bank and in hand
Restricted funds
**CHARITY FUNDS**|**2024**
**₤**
30307
0| |---|---| ||30307
78880
20500
21713| ||121093
(2199)| ||(9281)| ||139920
**=====**
0
139920| ||139920
**=====**| The notes on pages 9 to 17 from part of these accounts. Approved by the Board of Trustees on 9 December 2025 and signed on its behalf by Davud Aktas, Trustee. Davud Aktas Trustee 7 ## **Statement of cash flows** ||**Total**
**funds**|**Prior year**
**funds**|**Note**| |---|---|---|---| ||**£**|**£**|| |**Cash flows from operating activities:**|||| |**Net income/(expenses) for the reporting period**
**(asper the statement of financial activities)**|2174|47341|| |Adjustments for:|||| |Depreciation charges|2500|2000|| |(Gains)/losses on investments|0|0|| |Dividends,interest and rents from investments|0|0|| |Loss/(profit)on the sale of fixed assets|0|0|| |(Increase)/decrease in stocks|(500)|(20500)|| |(Increase)/decrease in debtors|31780|(76380)|| |Increase/(decrease)in creditors|39865|626|| |**Net cash provided by (used in) operating**
**activities**|75819|(46913)|| |**Cash flows from investing activities:**|||| |Dividends,interest and rents from investments|0|0|| |Proceeds from the sale of property, plant and
equipment|0|0|| |Purchase ofproperty, plant and equipment|0|(13900)|| |Proceeds from sale of investments|0|0|| |Purchase of investments|0|0|| |**Net cash provided by (used in) investing**
**activities**||(13900)|| |**Cash flows from financing activities:**|||| |Repayments of borrowing|(4577)|(3889)|| |Cash inflows from new borrowing|0|0|| |Receipt of endowment|0|0|| |**Net cash provided by (used in) financing**
**activities**|(4577)|(3889)|| ||||| |**Change in cash and cash equivalents in the**
**reporting period**|71242|(64702)|| |**Cash and cash equivalents at the beginning of**
**the reporting period**|21713|86415|(Table 1)| |**Change in cash and cash equivalents due to**
**exchange rate movements**|0|0|| |**Cash and cash equivalents at the end of the**
**reporting period**|92955|21713|(Table 1)| **Table 1: Analysis of cash and cash equivalents** ||Current
year|Prioryear| |---|---|---| ||£|£| |Cash in hand|92955|21713| |Notice deposits(less than 3 months)|0|0| |Overdraft facilityrepayable on demand|0|0| |**Total cash and cash equivalents**|92955|21713| **Table 2: Analysis of changes in net debt** ||At start
ofyear|Cashflows|Acquisition/
disposal of
subsidairires|New
leases|Fair
value
movem
ents|Foreign
exchange
moements|Other
non cash
changes|At end
ofyear| |---|---|---|---|---|---|---|---|---| ||£|£||||||| |Cash|21713|75946|-|-|-|-|-|97659| |Cash equivalents|0|0|-|-|-|-|-|0| |Overdraft facilityrepayable on demand|0|0|-|-|-|-|-|0| |||||||||| |Loans fallingdue within oneyear|(9281)|4577|0|-|-|-|0|(4704)| |Loans fallingdue after more than oneyear|0|0|0|-|-|-|0|0| |Lease obligations|0|0|0|0|-|-|-|0| |TOTAL|12432|80523|0|0|0|0|0|92955| 8 **AMITY EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **1. ACCOUNTING POLICIES** ## **1.1 Basis of preparation of financial statements** The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards. ## **1.2 Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allocated to the appropriate fund. ## **1.3 Incoming resources** All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability. Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable No income is recognised where there is no financial cost borne by a third party. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable ## **1.4 Resources expended** Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements. Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled, Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure. 9 ## **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **1. ACCOUNTING POLICIES (continued)** ## **1.5 Tangible fixed assets and depreciation** All assets costing more than £ _500_ are capitalised. Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures and fittings 25% reducing balance ## **1.6 Foreign currencies** Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange gains and losses are recognised in the Statement of financial activities. ## **1.7 Programme related investment** Programme related investments are stated at the cost of investment. |**2. VOLUNTARY INCOME**
Donations
Grants
**Voluntary Income**
**3. TRADING ACTIVITIES**
**Charity trading income**
Charity trading income-Domestic
Net income from trading activities|**Unristricted**
**Funds**
**£**
464107
980
465087
**Unristricted**
**Funds**
**£**
0|**Restricted**
**Funds**
**£**
0
**Restricted**
**Funds**
**£**
-
0|**2025**
**Total**
**£**
464107
980
465087
**2025**
**Total**
**£**
0
0|**2024**
**Total**
**£**
314319
2998| |---|---|---|---|---| |||||317317| |||||**2024**
**Total**
**£**
0| |||||0| 10 ## **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** |**4. INVESTMENT INCOME**
**Unristricted**
**Funds**
**£**
Rental Income
20225
**5. INCOMING RESOURCES FROM CHARITABLE**
**Unristricted**
**Funds**
**£**
Educational Activities
18571
**6. OTHER INCOMING RESOURCES**
**Unristricted**
**Funds**
**£**
Other incoming resources
21308
**7. EXPENDITURE BY CHARITABLE ACTIVITY**
**SUMMARY BY FUND TYPE**
**Unristricted**
**Funds**
**£**
Charitable Activities
474308
Governance Cost
48709
523017
**SUMMARY BY EXPENDITURE TYPE**
**Staff**
**Costs**
**£**
Charitable Activities
110305
Governance Cost
17450
127755|**Restricted**
**2025**
**Funds**
**Total**
**£**
**£**
9750
29975
**ACTIVITIES**
**Restricted**
**2025**
**Funds**
**Total**
**£**
**£**
0
18571
**Restricted**
**2025**
**Funds**
**Total**
**£**
**£**
0
21308
**Restricted**
**2025**
**Funds**
**Total**
**£**
**£**
9750
484058
48709
9750
532767
**Other**
**2025**
**Costs**
**Total**
**£**
**£**
373753
484058
31259
48709
405012
532767|**2024**
**Total**
**£**
58650| |---|---|---| |||**2024**
**Total**
**£**
52987| |||**2024**
**Total**
**£**| |||1851| |||**2024**
**Total**
**£**
353959
29505| |||383464| |||**2024**
**Total**
**£**
0| |||0| 11 ## **AMITY EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** |**8. GOVERNANCE COSTS**
**Unrestricted**
**Funds**
**£**
Governance- Accountants fees
750
Governance - Premises costs for head office
28009
Governance expense - wages and salaries
12256
Governance expense - NI
5194
Governance - depreciation - tangible fixed assets
2500
48709
====
**9. OTHER RESOURCES EXPENDED**
**Unrestricted**
**Funds**
**£**
Loss((profit) on disposal of fixed asset
0
====
**10. DIRECT COSTS**
**Basis of Unrestricted**
**Allocation**
**Funds**
**£**
Premises
Direct
242330
Insurance
Direct
0
Consultancy fees
Direct
24976
Professional fees
Direct
3000
Printing, Postage and Stationary
Direct
0
Bursary and grants
Direct
74187
Telephone
Direct
0
Travel and substance
Direct
1150
Bank Charges
Direct
80
Miscellaneous
Direct
35
Advertising
Direct
0
Interest
Direct
0
Wages and salaries
Direct
110305
Purchases
Direct
18245
474308
====|**Unrestricted**
**Funds**
**£**
750
28009
12256
5194
2500|**Restricted**
**Funds**
**£**
0
0
0
0
0
0
====
**Restricted**
**Funds**
**£**
0
====
**Restricted**
**Funds**
**£**
9750
0
0
0
0
0
0
0
0
0
0
0
0
0
9750
====|**2025**
**Total**
**£**
750
28009
12256
5194
2500|**2024**
**Total**
**£**
750
18959
6061
1735
2000| |---|---|---|---|---| ||48709
====
**Unrestricted**
**Funds**
**£**||48709
====
**2025**
**Total**
**£**|29505
====
**2024**
**Total**
**£**| ||||0
====
**2025**
**Total**
**£**
252080
0
24976
3000
0
74187
0
1150
80
35
0
-
110305
18245|0
====
**2024**
**Total**
**£**
170432
1540
10970
2500
1400
63695
0
0
70
15
300
688
54544
47805| ||474308
====||484058
====|353959
====| 9 **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **11. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE** |**Staff Costs**
**Depreciation**
**Other Costs**
**2025**
**£**
**£**
**£**
**£**
Charitable Expenses
110305
0
373753
484058
Investment Income
0
0
0
0
**Charitable activities**
110305
0
373753
484058
**Governance**
17450
2500
28759
48709
**Loss on disposal of fixed assets**
0
0
0
0
127755
2500
402512
532767
**12. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES**
**Activities undertaken**
**Total**
**Directly**
**Support Costs**
**2025**
**£**
**£**
**£**
Charitable Activities
474308
0
474308
Investment Income
9750
48709
58459
**Total**
484058
48709
532767|**2025**
**£**
484058
0|**2024**
**£**
353959
0| |---|---|---| ||484058|353959| ||48709
0|17348
0| ||532767|371307| |||**Total**
**2024**
**£**
353959
17348| ||532767|371307| ## **13. NET INCOMING RESOURCES** This is stated after charging: |**13. NET INCOMING RESOURCES**
This is stated after charging:||| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Depreciation of tangible fixed assets: owned by charity|2500|2000| |Auditor's remuneration|0|0| |Governance Accountant fees|750|750| During the year, no Trustees received any remuneration (2024 -£NIL). During the year, no Trustees received any benefits in kind (2024 -£NIL). During the year, no Trustees received any reimbursement of expenses (2024 -£NIL). ## **14. STAFF COSTS** Staff costs were as follows: |Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:|**2025**
**£**
122561
23439
146000
**2025**
**No.**
20|**2024**
**£**
60605
1735| |---|---|---| |||62340| |||**2024**
**No.**
8| No employee received remuneration amounting to more than £60,000 in either year. 13 ## **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **15. TANGIBLE FIXED ASSETS** |**15. TANGIBLE FIXED ASSETS**|| |---|---| |**Cost**
At 01.06.2024
Additions
At 31.05.2025
**Depreciation**
At 01.06.24
charge for period
At 31.05.25
**Net book values**
**At 01.06.24**
**At 31.05.25**|**TOTAL**
**£**
38783
0| ||38783| ||-8476
-2500| ||-10976| ||27807| ||30307| ## **16. PROGRAMME RELATED INVESTMENT** |Market Value
At 1 June 2024
and 31 May 2025
At 31 May 2025|**£**|**£**|**£**|**£**|**Total**
**£**| |---|---|---|---|---|---| ||||||| Programme related investments enable other charities to further their charitable objectives as well as ours in advance of furthering the education of students throughout the UK. Total bank loans at the year end of …........ are owed in relation to the Programme Related Investments held. 14 ## **AMITY EDUCATIONAL FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **17. DEBTORS** |**EBTORS**||| |---|---|---| ||**2025**|**2024**| ||**£**|**£**| |Due after more than one year|**4704**|**9281**| |Other Debtors||**0**| |Due within one year||| |Trade debtors|10600|24700| |Other debtors|810|54180| ||11410|78880| ## **18. CREDITORS:** Amount falling due within one year |**2025**
**£**
Bank loans and Overdraft
Trade creditors
Other taxation and social security
6350
Other creditors
24
Accruals and deferred income
6374|**2024**
**£**
555
1644| |---|---| ||2199| ## **19. CREDITORS:** Amount falling due after one year ||**2025**|**2024**| |---|---|---| ||**£**|**£**| |Bank loans|4704|9281| |Other creditors||| ||4704|9281| |Creditors include amounts not wholly repayable within 5 years as follow||| ||**2025**|**2024**| ||**£**|**£**| Creditors include amounts not wholly repayable within 5 years as follows: Repayable by instalments Bank loans are secured by way of a charge over the freehold buildings of the charity. 15 ## **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **20. PRIOR YEAR ADJUSTMENT** There is no prior year adjsutment this year ## **21. STATEMENT OF FUNDS** |**Designated Funds**
**General Funds**
General Funds-all funds
**Total Unrestricted funds**
**Restricted funds**
Restricted funds-all funds
**Total of funds**
**SUMMARY OF FUNDS**
General Funds
Restricted funds|**Brought**
**Forward**
**£**
139920
139920
0
139920
**Restated**
**Brought**
**Forward**
**£**
139920
0
139920|**Incoming**
**Resources**
**£**
525191
525191
9750
534941
**Incoming**
**Resources**
**£**
525191
9750
534941|**Resources**
**Expended**
**£**
(523017)
(523017)
(9750)
(532767)
**Resources**
**Expended**
**£**
(523017)
(9750)
-532767|**Transfers**
**In/Out**
**£**
0|**Carried**
**Forward**
**£**
142094| |---|---|---|---|---|---| |||||0|142094| |||||0|0| |||||0|142094| |||||**Transfers**
**In/Out**
**£**
0
0|**Carried**
**Forward**
**£**
142094
0| |||||0|142094| 16 ## **AMITY EDUCATIONAL FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025** ## **22. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |Tangible fixed assets
Programme related investments
Debtors due after more than 1 year
Current assets
Creditors due within one year
Creditors due in more than one year|**Unrestricted**
**Restricted**
**Total**
**Total**
**Funds**
**Funds**
**2025**
**2024**
**£**
**£**
**£**
£
27807
0
27807
30307
0
0
0
0
0
0
0
125365
0
125365
121093
(6374)
0
(6374)
(2199)
(4704)
0
(4704)
(9281)| |---|---| ||**142094**
**0**
**142094**
**139920**| ## **23. RELATED PARTY TRANSACTIONS** There was not any related party transaction with any of the trustees this year and last year. 17