Charity registration number 01141733 Company registration number 07542283 (England and Wales) THE ADNAN JAFFERY EDUCATIONAL TRUST AI%NUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEwfEMBER 2025
THE ADNAN JAFFERY EDUCATIONAL TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustee5 Mr Asif Godall Mr Louis Howell Mr Toby Hurlstone Ms Sarah Caton Charitv number 01141733 Company number 07542283 Principal address 52 Ashlin Road LondL)n E152AP Registered office 52 Ashlin Road LondL)n E152AP Independent examlner Siobhan Glenisler IFCA) David Howard Chartered Accountants 5 Th¢ Squa Ba&?shol Surrcy United Kingdom GU19 SAX Bankers HSBC Bank plc. 8 C'anada Square London E145HQ
THE ADNAN JAFFERY EDUCATIONAL TRUST CONTENTS Page Trustees. report Independent examin&s report Statement of financial activities Balance Sheet Noles lo the accounts 7-14
THE ADNAN JAFFERY EDUCATIONAL TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPOR FOR THE YEAR ENDED 30SEPTEMBER 2025 The Trustees present their annual rewyrt and financial statements for the year ended 30 September 2025. The financial statemcrkts have bccn prepared in accordance with the accounting policies set out in note I to the Iinancial statements and comply with ihe trust's Memordndum and Articles of Association. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" {effective l January 2019). Objectii'es and activities The Lharity's objccts are specifically restricted to the following as set out in the company's Article5 of Association: to advan¢c education by provision of cducational mcntoring progrdmmcs to children and young adults from disadvantagcd backgrounds. The Adnan Jaffery Educational Trust have paid duc regard to guidancc issucd by thc C"harity Commission in deciding what activities ihc charity should undcrtakc. Thc Adnan Jaffcry Educational Trust empowers GCSE students from disadi'antagcd backgrounds by mcntoring Ihcm to dcvclop ihcir self-belief and transfomi iheir academic perforniance. Our students benelit Irom.. better ex41rn grades a springboard io higher educaiion a new sense ofself-beliefand seif-worth increased levels of motivation and ambition acLes5 ¢0 a network of mentors from diverse industries and career p8ih5 The trust has continued to expand its onlinc mcnloring activities. having invested significantly in developing their digital platfurm sinLL. 2019. Thc development of ihis custom onlinc platfomi has dlluwcd ihc tru5110 olti'r u murc flcxiblc and largcr scalc cducaiional mcnioring scrvice. Wilh thc launch of ihc bookinbT systcm in 2024 students can now book one to one mentoring sessions on the areas of the GCSE syllabus they wish lo cover, based upon the availability of mcntors up to 7 days a week. With these recent innovalion5. Thc Adnan Jaffery Educational Trust is now able lo otTer 2417 virtual support and alluw mentors and students to access thc Onc Dcgrce Mcntoring Programmc from thcir home in additiurt lo any in-pcrson programmes ihc charity runs. In 2025, the Adnan JalTcry Educational Trust partnered wilh ihrce new schools. as well as aft academy Iru8t spanning multiplc schoo15 across England. Whilc our student nUmrS remained similar to 2024, cngagcincnl and mentoring increased significantly. These partnerships also opened the door to severdl additional schoo15 joining for thc 2025126 school ycar. 2025 also marked the start of a parlnership with Mizuho Bank. which has provided the charily with increased and 51able funding for the next three years.
THE ADNAN JAFFERY EDUCATIONAL TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Achievements and performgn¢e The Adnan JatTery Educational Trust works with students at the GCSE lei'el which is a pivotal stage in their eduLation. The Trust selects student5 typically prcdictcd not to dchiei'e at least a Grade C l Lci'el 4 or above in their English and Mathematics GCSE examinations. By failingy to achieve at Icast a Gradc C l LcN'cl 4 in thcsc subjects. studcnls arc oftcn unable to progyrcss to A Levels or other rther education courses. Many students leave ihc cducational systcm altogcther bccoming clas5ificd as Not in Education, Employmcnt or Trdining INEET}. Young ddulis who bccome clas5ificd as NEET e55eniially pcrpetumie their disadvantaged siatus and coniinue io bL' pLrLL'ivcd as an cconomic burden on the resi of society. Thc Adnan Jaffery Educaiional Trust mcniors arc posilivc rolc models who help siudcnis wilh their GCSE exam revision. Achieving the necessary grades allows students to slay within and progress through the educational system for as long as wyssible, Ihereby greatly improving iheir life chances. The Adnan Jaffery F.ducational Trusi meniors also benefii from the opporiunity lo give back io society and help young people overcome iheir disadvantaged siaius. Fin4n¢i41 review During thL period the charity had in¢om¢ r¢sour¢es of £130.615 {2024 £69.4451 and a total ¢xpenditure of £79.511812024 £62.9581 r¢suliing in net surplus of £51.027 (2024 £6.4871. The Trust r¢li¢s on gyills and donations to fund its a¢tivitics. Most of tho charity's income is derived from 'unrestricted' donations with 'restrictcd' donations beiii& designaled for prog¥rdmme aclivities within a tim¢fram¢. There are no special funds or reserves in place for any specific purpose. The financial activities of the charity during the period <lre summarised in the Stateinenl of Financial Aclii'iti¢s on page 4. Th¢ trustc¢s aim to ¥¢nerdte a reasonable surplus in each n(KI. to increase reserves for future invcstmcnt in the compans s educational programs and to maintain sufficient work'ing capital that will enable th¢ company to m¢ct it.s financial obligyations as th¢y fall duc. The TThsl¢¢s hav¢ addr¢%s¢d h¢ funding? shortfalls ¢xperienced in prior years and in particular the partnership with Mizuho has significanily improved the ¢ompany'5 finanLial tK)%ilion. The Irii%tees hai'¢ a55e5sed CashflO forthe next finanLial year and df¥ Sdli4ficd that the company has sufficient cash flow to maintain 0ratIonS and meet any liabilities as they fall due. The trustecs havc assesscd ihc major risks to which the company is exposed and are satisficd that 5yslcms and controls are in pla¢c to mitigat¢ exposur¢ to thes¢ risks. Structure? governance and mgnagement Governing document The organisation is a charitable company limited by guardntee. incorpordted on 24 February 2011. The company was established under a Memorandum of Association which established the objectives and power5 of the charitable company and is governed under it5 Articles of Association.
THE ADNAN JAFFERY EDUCATIOIYAL TRUST TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Board of trustees The trustees , who are also the dIrecrS for the PLtrpose of company law, and who served during the year were: Mr Riaz Shah Mr Asif Gudall Mr Louis Howell Mr Toby Hurlstone Ms Sarah Caion (Resigned 4 June 2025) Recruitment and appointmont of trustees The Trustees are appointed by ordinary resolution of the mernbers. This report has been prepared in accordance with the special provistons relating lo small companies wiihin Part 15 of the Companies Act 20(kn. Statement of Trustees, responslbllltles The Trustees, who are also ihc directors of The Adnan Jaffery Educational Trnsl for the pun)ose of company law. are rcsponsible for prcparing ihe Trnsiees, Repon and ihe financial sialemcnis in accordancc with appliLable law and Uniicd Kingdom Accouniinb, Siandards (Uniicd KingTrdom GenLrally Acccplcd Accounting? Practice). Company Law requires the Trusiees to prepare financial sthiements for each financial year which give a irue and lair view of the sialc of affairs of the irusi and of ihe incoming resources and application of resources, including Ihc income and expenditure, ofthe charithble company for ihal year. In preparing these financial statements. the Trusiees are required to: select suiiable accounting policies and then apply ihem consistently: observe the methods and principles in the Charities SORP: - make judgemenls and eslimales Ihal are reasonable and prudent; and prepare thc financial statemenls on the going concern basis unless il is inappropriale to presume that the truqt will continu¢ in op¢ration. The Trustees are responsible for k¢¢ping adequate accounting records thai di10$¢ with reasonable a¢¢uracy at any lime the financial wsition of Ihe Irust and enable them to ensure ihat the financial slaiements comply with the Compani¢s Act 2006. They ar¢ also r¢sponsible for safeguarding th¢ assets of the Irust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. The Trustees, report was approved by the Board orTnle¢S. Mr Tob). Hurlstone 916r2026 Dated= ..............-..........
THE ADNAN JAFFERY EDUCATIONAL TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ADt%AN JAFFERY EDUCATIONAL TRUST I report to the Twstees on my examination of the financial statements of The Adnan Jaffery Educational Trust (the trust) for the year ended 30 September 2025. Responsibilities and ba515 of report As the Twstees of the trust (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with ihe requiremenls of the Companies Act 2006 (the 2006 Act). Havingi satisfied myselt that the financial statements of the trust are not required to be audited under Part 16 ot the 2006 Act and are eligible for independent examination. I report in respect of my cxamination of the trust's financial statements Caled out under section 145 of the Charities Act 201 I (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145151(b) ofthe 201 l Act. Independent examlner's stAtemenl I have completed my cxaminalion. I confirni that no matlers have come to my att¢ntion in Connection with Ihc cxatnination giving mc causc to bclieve that in any malcrial rcspcct.. accounting rccords wcrc noi kcpt in rcspccl of thc In]sl as rcquircd by section 386 of thc 2006 Act; or rhe linanLial stalcmLn15 do noi accord wilh thosc records. or the financial staicments do noi comply with ihe accounting rcquireinenis of section 396 of the 2006 Act other than any requirement ihat the account5 giive a true and fair view which is not a Imatlcr considcrcd as part oran indcpcndent examination- or th¢ finan¢ial %tatem¢nt% have not b¢¢n pr¢par¢d in a¢¢ordanc¢ with th¢ meihods and prin¢ipl¢s of th¢ Siatcmcnt of RLiomm¢ndcd Pra¢ticc for ac¢ountingF and rcporting? by ¢hariti¢s appli¢abl¢ to charitics prLparingF th¢ir ac¢ount.s in accordance with ihc Financial R¢porlink Standard appli¢abl¢ in th¢ UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other rnatters in connection with the examination to which attention should b¢ drawn in this r¢port in QTder to ¢nabl¢ a prop¢r understanding of the financial statements lo be reached. Siobhan Glenister. FCA David Howard Chartered Accountants 5 The Square Ba¥shot Surrey GU19 SAX Unit¢d Kingdom 09-06-2026
THE ADNAN JAFFERY EDUCATIONAL TRUST STATEIENT OF FIN'ANCIAL ACTIIFITIES INCLUDING INColE,ND EXPEYDITURE ACCOUNT FOR THE YEAR ENDED 30SEPTEMBER 2025 2025 2024 Notes Income from: Donaiions and legacies Invesimenls 130,563 52 69,445 Total income 130.615 69.445 enditure on: Charitable aLiiviiies 79,588 62,958 Net income for th¢ yearl Net movement in funds 51.027 6.487 Fund balances at l October 2024 3.362 {3,1251 Fund balances At .10 September 2025 Thc Statement of financial activilics includes all gains and lo&ses rccognised in thc year. All income and expenditure derive frorn continuing activities. The staiemeni of financial aciiyilies also complies with the requirements for an income and expenditure accouni under the Companies Act 2006.
THE ADNAN JAFFERY EDUCATIOIYAL TRUST BALANCE SHEET AS A T 30 SEPTEMBER 2025 2025 2024 Notes Flxed assets Tangible assets 1.160 432 Current assets Debtors Cash al bank and in hand 3.504 53,385 1.883 4,419 56,889 6,302 Creditors: amounts falling due within one year li (3.660) (3,3721 Net current 4ssets 53.229 2.930 TotAI a5set5 less eurrent liabllitle5 54.389 3,362 Net Assets excludlng penslon Ilablllty 54.389 3,362 The funds of the trust Unr¢%tri¢lLd fund 54.389 3.362 54.389 3.362 The company is enliiled lo Ihe exemption from the audil requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2025. The directors acknowledge their responsibiliiies for complying with the requirements of the Companies Act 2006 with respect io accounting records and the preparation of financial sLltements. The members have not required the company lo obiain an audit of its financial statements for the year in question in accordancc with scclion 476 of the Companies Aci 2006. These finan¢ial stat¢ments have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 9ffjr2026 The financial statements were approved by the Trnslees on ......................... Mr Toby Hurlstone Company registration number 07542283 (England and Wales)
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30SEPTEMBER 2025 Ac¢ounting policies Chxrltv Inform#tlon The Adnan Jaffery Educalional Trust is a private company limited by guarantee incorporaied in England and Wales. The registered office is 52 Ashlin Road, LA)ndon, El 5 2AP. 1.1 Accounting convention Thc tinancial statcmcnts have been prepared in accordance with the trust's governing document. the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recoinmcnded Practicc applicablc to charities preparing thcir accounts in accordance with the Financial Reporting Siandard appliLablc in ihe UK and Rcpublic of Ireland IFRS 1021 IcfTcctivc l January 2019}" Thc trust is a Public Benefit Entity as defined by FRS 102. The trust has taken advantage of the Provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Staiemeni of Cash Flows. The accounts ar¢ prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial statements arc rounded to the nearcst £. Thc financial slalcmcnts havc bcen prcparcd undcr the historical cost convcnlion. Thc principal accounting policic% adoplcd arc scl out bclow. .2 Gi)Ing Concern At ihL limL ol-approving ihe financial slatemenis. the Trusiees have a reasonable expectation that the trust has adcquatc rc.sources io coniinuc in opcraiional cxistence for the forcsccablc futurc. Thus thc Trustccs continue io adopi ihe going concern basis of accouniing in preparing the financial slaiemenis. 1.3 Ch#rit#ble (und5 Unrestriited funds are available for use al ihe discretion of the Trustees in furtherance of their charitable objectives. 1.4 Incoming re50urce5 All inLomingJ resources are included in the statement of financial activities when the charity Is legally entitled to the income and the arnounl can be quantified with reasonable accuracy. Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Cash donations are recognised on receipt. her donation5 are recognised once the trust has been notified ofthe donation. unless perfortnance conditions require deferral of the amount. Income tax recoverable in rclation to donations rcceii'cd undcr Gift Aid ordcc(ts of covcnant is rccognised at thc timc ofthc donation.
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Ac¢ounting policies (Continued) 1.5 Re50urce5 expended Exp¢nditur¢ is a¢count¢d for on an accn]als basis as a liability is incurred. Expenditure in¢lud¢s VAT which cannot rccovcr¢d and is rcportcd as part of th¢ cx]widitur¢ to which it rclatcs.. Costs of gcnerating funds ¢ompris¢ th¢ costs aswiat¢d with attrd¢ting voluntary inwmc and th¢ ¢osts of fundrnising. Charitable expenditure comprises those costs incurred by the charity in the delivery of ils activities and services for its beneficiaries. li includes both costs ihat can be allo¢ated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and includ¢ th¢ indep¢nd¢nt examination f¢cs and ¢osts linked to the strategi managTement of the charity. All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. other5 are apportioned on an appropriatc basis e.g. floor arcas, per capila or eslirnaiLryJ usage as approprialc. .6 Tanglble flxed assets Tangible fixcd asscls are initially measured al cosl and subsequcntly measurcd al cost or valualion, ncl of dcprLcialion and any impaimlcnt losscs. Dcprccialion is rccogniscd so as to wrilc off the cosi or valuation of asscis Icss thcir rcsidual values over their useful lives on the following bases-. Plant and ma¢hin¢ry 200/0 on ¢ost The gain or loss arising on the disposal of an asset is dcteTmined as th¢ diff¢rcnce betWn th¢ sal¢ procccds and the carrying value of ihc a5sei. and 15 recognised in ihc staterncnt of financial activities. .7 Impairment of fixed gssets At cach reporting end datc. the trust reviews the carying amounts of its tangible assets to deterniine whether th¢r¢ is any indication that thos¢ assets have suffered an impairnient loss. If any su¢h indication exists. the recoverable amount of the asset is estimated in order to d¢terniin¢ the extent of the impainnent loss lif any). 1.8 Cash and Cash equib'alents Cash and cash equiN'alenis include cash in hand deposits held at 1] wilh banks.
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Ac¢ounting policies (Continued) 1.9 Financial in5trument5 Thc tru51 ha5 LILLILd to applv ihe provisions of Section I I "Basic Financial Instruments, and Section 12 '(hher Financial Instrumenls Issues, of FRS 102 10 all of lis financial insiruments. Financial instnllnenls are recognised in the uusi's balance sheet when the trnsi becomes party lo the contractual provisions of the insirumeni. Financial asseis and liabililics are otTsel, wilh the nci amounis prcscnicd in ihc financial Slements, whcn there is a legally cnforccablc righi io sci otT ihc rccognised amounts and ihcrc is an inlcntion lo scttle on a ncl basis or lo realisc Ihc asscl and settle ihe liabiliry simultsncously. 1.10 Employee benellts Thc cosi of any unused holiday entiilemeni is recognised in ihe peric41 in which the employee's services are received. Terniinalion benefits are recognised immediaiely as an expense when Ihe trust is demonqlrably commilled to lernlinale ihe employment of an employee or io provide iemlinalion benefits. .1 l Retlrement beneflts Payments lo defined coniribuiion rIrement benefii schemes are charged as an expense as they fall due. .12 TxAtlon The charily is exempt from corporation tax on its charitable activities. Crltlcal gccountlng estlmate5 Ind JudEement$ The preparation of the finaftcial stalemenis requires management to make judgements. eslimale5 and assumptions that affect the amounts rew>rted for &ssels and liabilities as al the balance sheet date and the amounts reported for rcvenue5 and cxpcnscs during the year. However, the nature of estimation means that actual outcomes could diffcr from those eslimales. Thcrc were no kcy judgcmcnts. The main accounting estimates are depreciation and accruals. Donation5 and legeie5 Total Total 2025 2024 Donations and gifts 130,563 69,445
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Income from investments Unrestrieted Unrestricted Cunds funds 2025 2024 Interesi rcccivable 52
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Charitable g¢tivitie5 Support costs Dir( Costs Total 2025 Total 2024 Staff ¢osts Depreciation and impaimienl Rent and programmc venue costs Insurance Computer consumables Transport cosis Lcgal and prufessional Consultancy f¢cs MurkLiing IT and online iraining platfomi costs Subscriptions Pro&Trramme costs and siatTtraining 5.560 452 3.298 980 1,194 50.046 55.606 48.762 452 216 3.298 3.260 980 965 1,194 1,239 54 26 569 535 .950 1,9XO 2.564 1,918 7,428 521 830 591 ,736 275 54 569 1,950 2,564 7,428 830 85 1.651 15,531 61.129 76.660 60.288 Gov¢rnanc¢ costs 2.928 2.928 2.670 18.459 61,129 79,588 62.958 Anxlysls by fund Unrestricted funds - generdl 18.459 61.129 79.588 18.459 61,129 79,588 For the vear ended 30 September 2024 Unre%lriLled funds - ¥eneral 16,340 46,618 62,958 16.340 46.618 62.958
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Support costs allocgted to gctii'ities 2025 2024 Governance costs 2,928 2,670 Anali'sed between: ALI()unt<inLy 2,928 2,670 2025 2024 Governanee costs comprlse: Accounlancy 2.928 2.670 2,928 2,670 Employees Number ofemployees 202.$ Number 2024 Number Emploj'ment Costs 2025 2024 Wage5 and salaries Social security costs Oihcr pension costs 53.474 92 2.040 45.999 775 1,988 55,606 48,762 Taxatlon The charity is exempl from tsxation on its activities iKcause all its income is applied for charitable purposes.
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 Tangible fixed assets Plant and machinery Cost At l October 2024 Addiiions 17.210 1,180 AI 30 September 2025 18,390 Depreclatlon and Impalrment Ai l OL"iober ?0?4 Depreciation charged in the year 16,778 452 At 30 Scplember 2025 17,230 Cgrrying Amount AI 30 Sepiember 2025 1,160 AI 30 September 2024 432 10 Debtors 2025 2024 Amounts f4lling due within one year: Oihcr dcbtors PrLpuymLn15 and accrued income 1.500 2.004 ,883 3.504 1,883 I Creditor5: amount5 fAlling due within one year 2025 2024 Other taxation and social security Accruals and deferred income 780 2,592 2,760 3.660 3,372
THE ADNAN JAFFERY EDUCATIONAL TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30SEPTEMBER 2025 12 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific condilions by donors and grdntors as to how they Inay be used. These include designated funds which have been sei aside out of unrestricted funds by the trustees for specific purposes. At l October 2024 Incomin% re50ur¢es Resources At30 expended September 2025 General funds 3.362 130.615 {79.588) 54,3%9 Prevlous vear: At l October 2023 Incoming r¢50ur¢e5 Re50urce5 At30 expended September 2024 General funds {3,125) 69,445 {62,958) 3,362 13 Relgted pArtv transactions There were no disclosable related party transactions during the year (2024 - none).