DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 Charity registratioll number 01141733 Company registration llumber 07542283 (England and Wales) THE ADNAN JAFFERY EDUCATIONAL TRUST ANNUAL REPORT AND ULYAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST LEGALAND ADMINISTRATIVE INFORMATIOIY Trustees Mr Ria/. Shah Mr Asif Godall Mr Louis Huwell Mr Toby Hurlslone Ms Sarah Caton Charity number 01141733 Compony number 07542283 Prlnelpal xddress 52 A%hlin Roud Londo E152AP Re%i5tered 0]ce 52 Aqhlin Road London E152AP Independent examlner Siobhan CJlcni%ler IAC'AI Diivid Hi)wiird C'hurlLrLd Accounlanls 5 The Squdre hc)I Surr¢y United Kingdom GU19 SAX Bmnkcrs HSBC Bank plL. C'aiiddd Squar¢ Loiidon E14 5HQ
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST CONTENTS Page Trustees, report Independent examiner's report Statcmcnt ot financial activiti¢s Baldncc sh¢ct Note% to the accounts 7- 14
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Trustees present their annual report and financial statements for the year ended 30 September 2024. The finanLidl Statements have beeii prepared in dLcorddnLe with the UCLounting pi)IiLies set out in note I to the findnLidl slul¢menls and L(Trmply with the tru%t'5 Meinc?randuin and ArtILles c)f A%%()Liatiun, the CompaniLs ALI 21111h and 'A¥LC)ulliin¥ aiid RLponin¥ by ChariliLs'. SiaiLmLnt of RLLommLiidLd PraLlice appliLable to Lhariiies prcparing thcir accounts in accordancc with the Financial Reporting Standard applicable in thc UK and Rcpublic of Ircland {FRS 1021" (ellective l January 2019). Objectives and activities The charily'q objects are specifically restricied lo the following as sel out in the company'.q Arlicles of AssoLialii)n.' lo advance ediicalii)n by proviqion of educational Inenli)rinb pri)1ramMC8 lo children <lnd youngy JduliN from di%adviinl¢lbYLd baikbyrounds. The Adnan J#ffLry EduLiiliun£il Trust havL paid duL fLb(Ird lo gbuidJnLC issued by Ihc Charily Commission in dLiidingTr whal acliviti1S th¥ Lharily shoiild iindLnuk¢. Thc Adnan Jaff¢ry Educationol TNSI ¢mpow¢rs GCSE sludcnts from disadvanlagcd backbyrounds by mcnlorin&F Ihcm lo d¢v¢lop thcir sclf-b¢li¢fand transform Ihcir ocadcmic pcrformancc. Our stud¢nts b¢n¢fil Irom.. b¢tt¢r ¢xain gTrad¢5 a spring?board to higyhcr ¢du¢ation a new scnsc ol'sclf-bclicl'and sell'.worth incrcased Icvcls of molivation and ambition an increased nclwork ol. mcntor% and prulc.%sional oppurtunities In 2014. The Adnan Jdtlcry Educatiuiidl Tru%i expanded it% aLtivilic% lo incliidc an auluinn programme of c%%ion%. Thi% incrca%ed tl)e prugTrainme day% to a total ol. up to 25 %c.%%ion% ai)nually. In 2016, The Adnan Jaffery Educational Trust expanded its activities to include a scrie5 of Summer career works1)op5 aimcd at bTraduatin&? alumni. In 2019, The Adnan Jaffery Educational Trust expandcd its activities lo include an Online Mcntoring Platform cnabling sludcnls lo access acadcmic and pcrsonal dcvclop support in-bctwcen scs5ion5 and progTrainincs. In 2n2()-2021, The Adnan Jdffcry F.duLalii)nal Tru%1 cc)iiiplclcd il% fir%1 fully ()nlinc programmc ho%lcd on its i)wn Lubloin-buili Inlnluring pldtfumi. A IrLmLndou.% in IhL LirLum%lani¢%. In 2024, thi ()nlin¢ mcnt()ring platfi)rm laiinlhid a built-in b()()king ¢al¥ndar Jlli)win¥ students lo book l- on-l Incntor %lo15 7-day% a w¥ck bu%¥d on thLir avuil#biliiy und our ni¢nli)r %ihLdul¥s. With these rcccnl innovations, The Adnan Jaffery Educational Trust is now able to offer 2417 virtual support and allow mentors and students lo access the One Degree Mentoring Programme from their home in addilion to any in-person programmes the charity runs.
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Achievement5 and performance The Adnan Jatycry Educational Trust works with students at the GCSE level which is a pivotal stagFC In thcir education. The Trust sclccts students typically predictcd not to achieve at least a Gradc C l Level 4 or above in their English and Mathematics GCSE examinations. By failingF to achieve at least a Grade C l Level 4 in these subjects. students arc often unable to progJrcss to A Lcvcls or other further education coursc.s. Many student.8 leave the educational systein altogjcther becoming classified as Not in Education. Einploymeiil or Traiiiing INEETI. Young adults who become classified a& NEET essentially perpetuate their disadvantaged status and continuc to bc pcrceived as an cconomic burdcn on the rest of society. The Adnan Jdffcry Educa¢iondl Trust meiiiors are positive rule niudels who hL'Ip 51udents with their GCSE L'xam rLvitsion. ALhiLVlI)g ihL nLLL.%%ary gJradL'% alli)ws sludLlli% lo Stay witl)in and pro¥ress through the L'duL<ilionul syStcm lur as ILingy us pussiblL', thL'rLby gJrL'atly impruvingF ¢hLir lilL LI)ui)LL'S. The Adndn JatTcry Educa(ii)ndl Truts¢ mcnl()r4 al%0 bLnefil Irom ihc opponunily to give back lo society and liclp yoiing, pcoplc ovcrL()Inc Ihcir disudvanlabied 8ialus. Flnthncl#l revlew t)iirinbi Il)L pLri()d IhL' Lharity had inLOli)c rc%uurLcs 01. £()9.445 121123 £82.4381 and a lulal expcndilure of £()2,()5X121123 £Y4,471 I rL'%ulting? in i)ct tsurplus of £(),4¥7121I23 dLfiLit Ll 2.0.331. Tl)L TrLi%I rLliL% c)1) and doi)iili()ii% tu fund 114 aLlivitiL'%. Mi)%1 uf thL Lharity'S 11)LomL 14 dLfivcLI froni 'unrL"%triL(Ld' donaliuns with 'rL%lriLtLd' duna(iun% bLinu dL%igii)alLd lur pro&?raininL aLtiviliLS wiihin li limclinme. Thcrc are no SPCLial lundb or rcSLrves in pluLC for uny 5PLLifiL pufpoSL. Thc finanLial aLliviiies of the charity during thc period arc summariscd in thc Sidtcmcnl of Financial Activities on pagc 6. Thc TrustLes aim to bieneratL a surplus in CaLII ULLounling pcriod und Ihub prL5crve d ILVLI of rcscrvcs and workin&T Lapilal that will cnablL Ihc coinpdlly lo InLLI il% findnLidl oblib?dp lions a5 thcy fdll duL. ThL Trust has I'CC()gTni%cd Ilic fundinb? %hc)rttall% in recent tuiidrdisinb I'()unds Ica(liiib t() le%% Ihdn fav()urable ()pcraling' rcvciiue. Opcrations too hav¢ been liinilcd to onlinc mcnloring lo rcduce expcnses and Trustees have a55¢55cd ca5hflow for next financial year with financial support available whcrc necc55ary. ThL Trust has d¢volLd Inor¢ liine #nd dC(iwily l()w#rd% fundrai%ing and diven%ifying ils revenue 51ream5 10 LnublL Ihc ¢h#rily li) ionlinuc ilb opirJlion inio Ihl forLSLLdbli lulur¢. The Adnan Jaffery Educational Trust asses.sed the major risks to which the tru.st is exposed and are satisfied that systems are in place to mitigate exposure lo the major risks. Strueture* governAnce and management Governing doeument The organisation is a charilablc company limitcd by guardntee, incorpurated on 24 Fcbruary 2011. The company wa5 established undcr a Mcmorandum of Association which cstablishcd the objectives and powcrs of thc charitablc company and is gTovcrncd undcr its Articlcs of Association. Board of trustees The trustees , who are also the directors for the purpose of company law, and who served during the year were:
DOCJ Envèl(w10." 3D9877D&50724DCC-A3D4.7668BB77EED5 THE ADf*AN JAbTrERY LDUCAI"IONAL TRUSI. TRLISTEES, REIY)RT{INCLUDII%C DIRECTC)RS' REPURT) (CONTINUED) FOR THE YEAR Etl'D£D 30 SEPTEMBER 2024 Mr Sy¢d JafY¢ry Mr Rikv. Shall Mr Asir(i¢11l M% M4iilil)a Khiin Mr Li)ui% I li).¥11 Mr-loby Flurlstone Ms Sarah Cdiun l Rcsi¥ncd 30 May 2024 IResignLd 30 May ?0?4) Recrul¢nien¢ and app4)Inlment of trustee8 I'IIL 'fru_4lLL% iifi iippuinl¥d b>. vrdiiiJr)' r1501ution of ihe members. Tlii% rLPOn hab iK'Ln prLparLd in cLOrdance wilh the special provisions rclatinB io small companiLs within Pth 15 01. dlc CoiiipaniLs ALI 200(). ,4tA¢emi'n¢ of'fru$ti'eJ' re$ponsibllitles Tl)c TrLi%IL¢s, wl)n arl uls<) thc dirccli)rs i)I' Thi Adnllii Jthll¥iy I:'diiLJii(>iial Tni%i l()r Ihc purpi)sc i)r Lcimpuny I41w %ifL' fL%kxin%ibli for prL'pdrinbi IhL TruslLi%' RL'PUrt itnd IhL linui)Lial 4laiLinLnl% 111 dLLurdJnLL' 'iil) JppliiablL law and Ilniied Kingdi)In Accouniinb, SiJndJrd% IllnilLd Kinb¥di)m (Icncrally Acceplcd A¢Lounling Pr4icIiLLI. Company Law qUireS the Tntstees lo prcpmrc financiiil 51atem¢nl$ for cuch financiAI ycar whicli give Iruc and fair viLw' i)r IhL SWIL. ol- of IhL' Irii%i lind of ihc in¥iyining rL'%i)urLL'S and appliLalii)n of rLsourcc5, including thc incomc and cxpcnditure. ofihc charitable compaiiy lor iliai year. In prcparin&i ihe%c linancial slaiemcnl¥. Ihc Truslecs arc required io.. sL'lecl suilable aLLounling policies and ihcn apply ihcm ci)nsi%lcnily; - observc Ihe mLih(MJs and principlcs in ihe ChariliL% SORP: makL' judgLmenls and Lsiimaies Ihdl are rLasonablc dnd prudL'nl.' and prepare the finiinLial siaiemen15 on the goin¥ cvnLern babis unlesb il is inapprvpriaie lo presume ihal Ihe iru41 ivill L()iiiinuL in ()PLrJlllln. ThL Truslccs arL rcsponsiblc for kccping adcqualc accounlingi rccords Ihal disclosc with rLa5(Inablc accuracy at any timc ihe financial rknsition ot ihe tfU8t und cnable Iheiii to ensure thai the tin41neial 51aiiinLn15 Lomply wilh IhL Comp41lliLS ALI ?(M)O. Thcy arc also rLspiinsiblL for &'ilLgYlldrdin¥ ihc a5.SLls ol the Iru%l and hence for kIng re&sonablc 4teps tor die prevention and detection ol- traud and other ifft.gu141rilies. ThL Tru51LYS' report wax pPrOved by lh¢ Board of TrublLL'S. Mr Toh), Ilurlstone 09-Jun-25 Daic(l..
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ADNAN JAFFERY EDUCATIONAL TRUST I report to the Trustees on my examination of the financial statements of The Adnan Jaffery Educational Trust Ithc tn]stl tor the year endcd 30 Scpteinber 2024. Responsibilities and basis of report As thL Tru51LLs ol. thL trust land dlso its directors for the purposes of Lompany lawl you are responsible for the prLparatiun of thc fii)aiicial slatemcnts in acLordanLc with thc rLquirLmcnts ot thL CumpaiiiLs ALt 2006 {the 2006 Act}. Having sati5tied myself that thc Iinancial slatcmcnts of the trust are not requircd to bc auditcd under Part 16 ot'thc 2006 Act and arc eligFiblc for indcpcndcnt Cxdmination. I rcport in rcspcct ot my Cxdtnination of the trust's financial stdteinents carried out under section 145 of the Charities Act 201 I Ithe 2011 Act}. In carryiiigF Out Iny exdlllll)ation I have followed all ihe applicable Directions &Jiveii by tl)e Charity Coinmi%sion uiider section 14515)Ibl ot tlie 2011 Act. Independent examiner's statement I lidvL LuiiipILILd Iny L'xdinindlion. I confimi that no matters have come to my aiienlion in Connection with the examindtion gFivingT Ime Lau8e to bclieve tl)al in any matLrial rc8pcLI'. accouniing records were not kept in respect of the trust as required by section 3116 of the 2006 Act. or the Iinancial statements do not accord with those rccords; or thc finanLial s(alLmLnls do not Lumply with thc aLLounling rcquirLmLnls of 5CLtion 396 of thc 2006 ALI oihLr thun any rcquirLmLni thui ihc dLLounls givc a true and fair view which is noi a maricr con%idcrcd as part ol'an iiidependcnl cxamindiion,. or th¥ lin<illci<il %l¢ltcmcnt% hJvc not bLLn pr¢parcd in <i¢cordanc¢ with th¢ mcihods and principl¢s of the Stat¢in¢nl ol. R¥coinin¢ndcd Pra¢ti¢c lor accountingv dnd rcportinbi by chariti¢s appli¢ablc to churitics prepdringv their a¢¢()unts in a¥i()rdance with the Financial Reportin&F Standard #pplicable in the UK dnd RLpuhli¢ ()f Irel<ind (FR$ 1021. I havl no LolliLrn5 and havc coinl ULfoSb no oihLr mdllcrs in Lonnlclion willi ihc Lxaminalion to whiLh atlenlicin %hould be drawn in this report in order lo endbl¢ a proper undersldndiiibb of the finuncial talLinenls lo be reaihcd. Siobhan Glcnistcr. ACA David Howard Chartered Accountants 5 Tlic Square Bagshol Surrcy GU19 SAX United Kingdom Dated.. 09-Jun-25
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOML AIYD EXPLNDI"I"URE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2(P24 2024 2023 Notes Income from: l)onations and legacies Oth¢r income 69,445 67,538 14.900 Totol income 69,445 82,438 endlture on: Charitahl¢ activitieq 62,958 94,471 Net IneomL'I{L'XPI'ndlture) for the yearl Nct movcm¢nt in I'unds 6.487 (12.0331 Fund balances at l October 2023 13,1251 8,908 Fund balances 4t 30 Seplember 2024 3,362 13,1251 The slalemenl ()r rinanciul aclivilies include% all ¥ain% and10s%es reco¥ni4ed in the year. All income and cxpendilure derive from continuing aciivities. Th¢ stal¥ininl ()i- finan¢ial a¢tivili¥b also compli¢s wilh lh¢ rcquircmcnls for an incomc and Cxpcnditurc account undcr Ihc Conipani¢s Act 2006.
DOCJ Envèl(w10." 3D9877D&50724DCC-A3D4.7668BB77EED5 THE ADfAN JAbTrERY LDUCAI"IONAL TRUSI. BALANCE SHEET ASA T JO SEPTE,,VBER 2024 2024 2023 Notes ixed s%els TdngiblL' assets 432 648 Curr¢nl l)Lbiois C&4h al b8nk aiid in hand io 1.883 4.41Y 1,948 4.253 6,302 6.201 Creditors: •moynts fAllin% due wlthln nv yeyr 13.J721 19.9741 ,Net currcnt *s%etsl(114bilitii's) 2,930 (3.773) Total assels leys current Ilxbllltlei 3.362 <3.125) ,Nel Assets exelydlng penslon Ilthbllliy 3,362 13,125) The funds of the trust LlnrL'slriLILd lund 3.362 (3.125) 3.362 {3.1251 TIIL. Lompuny is L'ntiilLd iv Ihe exempiivn from the audil rL'4uifLmL'nl c1)niainL in sLtiOn 477 of Ihe Conipanies Act ?(M)6. frjr the year ended 30.Seplember 2024. Tlie dir¢¢lors acknowledxe their responsibilitiVD lor Lomplying with the requirements of the Coinpanies Act ?006 with rL'%PiLI lo 8¥¢1)Iinling rOrd% und IhL prLpardiion c)r rin8n¢ial slalLmLnl%. Tlie members hafv'c not requircd Ihc company to obtain audit of its financiul statements lor the yew in ciuLs1ion in aLLordanLi wilh SLL'lion 47h ofiliL CoinpiiniLt> ALI 211n6. Tliisc financial st&llin)ciits hAI'¢ bccn prcparcd in #ccordancc with th¢ provisions applicgblc lo companic8 subjLCt to th¥ %n)all ¥oiMpani¢s regim¢. 4 June 2025 Tlie finuncial .st&tement5 were approscd by the Trustees on Mr Toby Flurlslonc Company Tcgibiralion numbcr 07542283 (England and Walc%)
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies Charitv information ThL Adnan Jaffery EduLdtiondl Trusl is a privalL Lompany limilL'd by guaranice incorporated in En¥land and WdlL's. The rL'gistLrLd utliLc is 52 Ashlin Road, London, L15 2AP. 1.1 Accounting Conventio The financial stateincnts have bcen prepared in accordance with thc trust's gToverningT docuinent. the Coinplc nics Act 2006 1( nd 'AccoLinling ai)d Reporting by Charities.. Siateinent ol. Recoinmendcd Praclic¢ appliLiiblc to charilics pfcpclring ihcir accounts in accordancc wilh thc Fin£1nciic l Rcporiing St<liidard appliLiiblc in thc UK ancl RL'publiL ol. Ircland IFRS 102) Icffcctivc l January 20191" The trust is a PubliL Benetit Entity as dL.IinLd by FRS 102. The trust ha5 taken advantagyc ol. the provisions in th¢ SORP for charitics applying FRS 102 Updat¢ Bullctin I not to prepare a Statein¢nt ot Cash Flows. Thc accounts ar¢ prcparcd in stcrling¥. which is th¢ functional cUencY of thc charity. Monclary amounts in thcs¢ financial stgtcmcnls arc rounded lo Ihc ncarcsl £. The financial slalemenls have been prepared under the historical co.81 convention. The principal accounlinb policieq adopled are sel oul below. 1.2 GolnE Concern At ihL liink ()l- approving ih¢ finan¢ig1 slalcmcnts. Ihe Trustees have a rcosonable expc¢lalion ihal the trust ha4 ad¥qiial¢ rc%ourc¢s to ¢onlinu¢ in op¢ralional cxistcn¢¢ for thc for¢%¥cclbl¥ lutur¢. Thus lh¢ Trust¢¢s ¢ontinu¢ to adopt th¢ gFoingF cunccrn basis ol'accountinsT in pr¢parin&F thc Iinancial stat¢m¢nts. 1.3 Chxrltable funds Unreslrietcd fuiids are available for use al the di.scretion of the Trustees in furtherance of their charitable objeLtiveb. 1.4 Incoming resources All ii)Loming rLSuufLCS arc includcd in Ihc slalcmcnl or rinanLial acliviiics whcn Ihc charity is Icgally cnliilLd lo Ihc iniomc and thc amount ian bl qudnlilicd wilh rca50nablc aLLuracy. Voluntary inLomc ib rcccivld by Wdy of donations and giifts and is includcd in full in the Siatcincnl of FinanLial Activities when reLeivdble. Cash dunations are reco¥nised on rcceipl. Other donatiuns are reLogni5cd once Ihc trust hds been nolificd of thc donation, unlcss performaiicc condition5 rcquirc dcfcrral of thc amount. Incomc tdx rccovcrable in rclation to donations rcccivcd undcr Gift Aid or dccds of covenant is rcco&?niscd at the time of thc donation.
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlng pollcles (Contlnued) 1.5 Resources expended Expenditure iq accounted for on an accruals basis aq a liability iq incurred. Expenditure includes VAT which caiinol be recovered and is reported as part of the expcndilure lo which it relates.. Costs of generating funds comprise the co.qlq associated with allracling voluntary income and Ihe cosls of fundraising. Charitable ¢xpenditur¢ ¢omprises those costs incurred by th¢ charity in the delivery of its a¢tivities and s¢rvic¢s for its b¢nclicicirics. It in¢lud¢s both cost.q that ¢an b¢ allocatcd directly to su¢h a¢livitics and Ihos¢ ¢osts of an indirc¢t nature ne¢essary to support th¢m. GovcrnanLc costs includc th05c Lusts assoLicltLd with Inceting the constitutional and statutory rcquircincnts ut. the charity and inLlude thL' indLpcndLnt cxdmination tccs and Lusts linked to th¢ stralcgFiL managTL'mcnt ol'thL' Lharity. All costs are dlluLatcd betwccn the cxpcnditurc catcg?Dricy ot ihc SOFA on a basis dcsigyncd to rcllcct the USC Ot. thc rcsuurLe. Costs relatingT tu a Pdrticular aLtivity arc allucatcd dircctly. othcrs arc apportioned on an appropriate basis e.g. floor area5. per capita or estimated usagle as appropriate. 1.6 T4nglble fixed assets Tung)iblL fixLd ¢1%s¢1% iirc inili¢illy m¥¢isiir¢d al cosl and subsequ¢nily measured al cost or volualion. nel ol-d¥prLiialion dnd uny imp¢iirni¢nl Iob5¢5. rjcprcciation is rccobyni4cd 50 lo wrilc off the cost or valuation of assets les% their residual values over Iheir u.%eful lively on ilie following bdbeb: Plant and machinery 20 /u on cost Thc giiin or loss arisingy on the di.8posal of an as5el is dctennined as the diffcrencc bclwccn the sale proLLL.d4 and thc Larrying? valuc ol'thL' asyct. is rcLogini4cd in thc slatctnLnt ol. IinanLial aLlivitics. 1.7 Impalrment of fixed Mssets Al LdLh rcportii)gJ cnd ddtc. thc tru51 revicws the carryingy amounts of 115 tangyiblc a55CtS to dcterniinc whcil)cr thcrc is any indication that thosc asSCts havc 5Utlcrcd ali impaim)cnt Ios5. If any such iiidicalion exists, thc rccovcrablc ainounl of the a5sel is esiimaled in ordcr to determine the extent of the impairmcnl loss (if any). 1.8 Cash and cash equivalent5 Cash and cash equivalents include cash in hand, deposits held at call with banks.
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountlng pollcles (Contlnued) 1.9 Flnanclal Instruments ThL' trust has clL'Lled to apply IhL pruvi5ions of SL'Ltion I I 'BasiL FinanLidl Instruments, and Section 12 'Othcr FinanLidl Instruiiicnts Issucs, of FRS 102 tu all of ils finanLidl instrumcnts. Financial instruiiients are recogTiii%ed iii the trust's balance sheet when the trust becoines party to the contraLtUdl provisions uf the instruincnt. FinanLial USSLItS dnd lidbilitiL's drc o1lsL¥t, with ihL nei ainounis prL'sLnlLd in thL findnLial stdlLnlLnl5, whL'n thLrL' is d ILgyully ciilorLLablL' ribiht to sLbt oll. the rLLLTrgFnisLd dmuullts and there is an inlLntion to sLbttle on a ncl basis or to realise the as5el and settlLb thL liability simultaiieously. 1.10 Employee benefits Thc Ll)sl ol. any unused holiday entiilemenl is recogni8ed in the period in which the employee's services are rLLLIVLd. Temiinuli()n benefit% are reL()&Yni%ed immedi¢ilely an expen%e when the Iru%t 14 demun%trubly LummiiiLd lo tLrininalL ihL LmployinLnl ol'an LniployLL or lo providL ILrmination bLllLfit.%. l. I l Retirement benefits Puyinlnlb io dLliiiLd contribution relircmcnl bcnclil schemes are charged as an cxp¢n%c as they fall due. 1.12 TAxation Thc charity is cxcmpl from corporation tax on ils charit&bl¢ aclivilics. Critical accounting e5timAtes And judgement5 Th¢ preparation of the financial statements requires management to make judgem¢nts, estimates and assumpli()n% thdl <itTeLt the dinoun14 reported for a4%els and 1ldbiliti¢i ai at (he balan¥¢ sh¢et date and the amoun1% reporied for reveniie% dnd expense% durinkF the y¢ar. However, th¢ nkitur¢ of estimation means that <lLtLial ()IitLOlne4 could ditTer from those e%tiin<ltes. There were no key jud&Fements. The main accounting estimates are depreciation and accruals. Donations and leg4cies Total Total 2024 2023 Donations and gifts 69,445 67,538
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Other income Total Total 2024 2023 F¢cs for scrvic¢s 14.900 10-
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Charitable activities Support costs Dlrect costs Total 2024 Total 2023 Staff ¢osts DcprcLidtiun and impainnenl Rent and programme venue costs In5urancc Compiilcr Lonsuinable5 Food <ind drii)ks Traii%port Losts TelLphone and fax TravcllingF cxpcn%cs LcgTal ai)d prolc%sional Con%ulidll¢y Iccs Mdrkcling Siipply ILIILhLr IT dnd onlinL tr<linin& platforni costs Ai)nual cvci)I cxpcn5CS Sub%cripli()n% Programme co.sts and stall'training 4.874 216 3.260 965 1,239 43,888 48.762 58.646 216 439 3,260 3,076 965 1.399 1,239 375 2.195 544 165 26 26 535 535 1.980 1,919 550 4.419 1,774 600 4.372 4,841 476 8.007 1.980 1,919 521 521 591 72 591 275 203 13.670 46.618 60,288 91,879 Governance costs 2,670 2.()70 2,592 16,340 46,618 62,958 94,471 Analysls by fund Unrcslri¢lcd lunds - gcncral 16,340 46.618 62.958 16,340 46,618 62,95¥ For the year ended 10 September 2023 Unrcstrictcd funds - general 16,851 77,620 94,471 16.851 77.620 94,471 11
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Support costs allocated to activities 2024 21123 Governance costs 2,670 2,592 Analysed between: A¢¢ountan¢y 2.670 2.592 2024 2023 Governance costs comprlse.. ALLounianLy 2,670 2,592 2.670 2.592 Employees Number ofemployees 2024 2023 Numl)¢ir Number Employment costs 2024 2023 WagFCS and salaries Social sLcuri(y Cobls Other pension co%ts 45.999 775 1,988 55.520 1,552 1,574 48,762 58,646 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 12-
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Tangible fixed assets Plant and maehlnery Cost Ai l October 2023 17,210 AI 30 September 2024 17,210 Depreclatlon And Impalrment Ai l Oclobcr 2023 Dcprcciation charged in the year 16,562 216 AI 30 Septeinber 2024 16.778 C4rryin% amount At 30 Scptcmber 2024 432 AI 30 Scplcmbcr 2023 648 10 Debtors 2024 2023 Amounts falllng due wlthln one year: Prcpaymcnls and aLLfuLd inLomc 1,883 1,948 I I Creditors: omounts falling due within one ye4r 2024 2023 Other tdxdtion and social security Oih¥r lrn'dilors Accruals and deferred income 780 794 6,588 2.592 2.592 3,372 9,974 13-
DoGusgn Envelope ID.. 3D9877D>50724DCC-A304.7568BB77EED5 THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMEIYTS (CONTIIYUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 12 Unrestricted funds ThL unreslricied funds of ihL chariiy comprise the uncxpended balanLLS of donalions and granls which arc not subjLcl to spccific coiidilions by donors and grantors as io how ihcy may bc used. Thcsc include dcsignated funds which havc bcen scl asidc out of unrLstrictcd funds by thc trustecs for SPL'cifiu purposes. At l October 202.1 Incomlng ri'sourcLS Resources I'xpi'nded September 2024 Gencral funds 13,125) 69.445 {62.958} 3.362 Prevlous year: At l October 2022 Incomlng rL'yourci's Resources expi'nded September 2023 G¢ncral funds 8.908 82.438 {94.471) 13.1251 13 Related party tr8n5aCtlons There were no di5closable relalcd party transaction5 during the year12023 - none}. 14-