IM irwinmitchell REG STERED CHAR TYNO 11541 EME (Ref: A80950421 JUSOOR U REGISTERED CHARITY NO.1154168 Conten for the o Financia Sta ear ended 30 June 2024 emen Annual R8POrt of the Tnjstees Independent Examine¢s Report Balanc6 Sheet Slaiemenl ol Financial Activiltes Noles to Financial Slalements Pago 1 JUSOOR UK REGISTERED CHARITY NO.1154168 REGISTERED COMPANY NO. 08574289 REPORT OF THE TRUSTEES {INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDEO 30 JUNE 2024 The Iruslees who are also directors of the charity for the purposes of the Companies Act 2006, present their reporl with the financial statements of the charity for the year erKled 30 Junè 2024. The actLJunls have been prepared in accordancA with the acLounting policies sel out in note I to the accounls and comply with Ihe charilvs governing document. the Companies Act 2006 and"Accounling and Reporting by Chaiilies.. Statèment of Recommended Practie£ applicable lo charitiès Pfeparing Ihair accounts in aeLordancÈ wilh the Financial Reporting Standard applica￿8 in the UK and Republic of Ireland (FRS1021. REFERENCE AND ADMINISTRATION DETAILS Regl8ler•d Company number Q8574289 IEngland and Wales) Reglstgrod Charlty numbor 1154168 Reg18ter8d 0ffl¢o Riveiside Easl, 2 Mills8nds Sheffield S3 80T Tru8teè8 Ms R Succar R Z8yal Indepondant examlnèr Claire Norwood 8sC FCA ATII ca￿enter Box Piper House. 4 Duke8 Court Bognor Road, Chichester Wesl Sussex P019 8FX Sollcltorn INJin Mitchell LLP Riverside East. 2 Millsands Sheifield S3 8DT B8nk8rs CAF Bank Ltd 25 Kings Hill Avenue Kings Hill, Wésl Malling Kent. ME19 4JQ STRUCTURE, GOVERNANCE AND MANAGEMENT Gov8rnlng documont Jusoor UK is a eharilable company limited by guarantee and its Goveming D¢xument is its Memorandum and Article8 ol Associalion adopted on Incorporation on 18 June 2013. The Gharily was registered wilh the Charity Commi38ion in Eng18nd and Wales. 88 an Inco￿oraled charity on 11 Oclober 2013. The Gharily is governed by Iwo ￿ard members (Rania Sucur and Rami Zay8t} who have expertise at running projects and nonproliis programmes. Rgcrultment and appolntment of new trustee8 Al present there are trustees. Ihe minimum allowed in the Articles of Association. with an unlimited maximum. The trustees are appointed by Ihe members at the Annual General Meetin9 and one-lhird ol the number of trustees musl reliTO al the following Annual Gener81 Meeknng. The Irustees lo relire by lolalion are Ihose who have been in Offi￿ Ihe longest. Risk management The trustees have a duty lo identify and review the risks lo ￿1¢h the charity is exposed and to ensure appropriate conlrols are in pla￿ lo provide reasonable assvrance against ffaud and error. As the aclivllles are based on the funds received the trustees do nol anticipate any risks. Page 2 REG STERED CHAR TY NO 11S416 EG STERED C MPANY REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2024 OBJECTS AND ACTIVITIES Obj8ctivés and alm8 The charilsvs obj8cls as sel out In Ihe Memorandum Artides olAssocialion are.. To provlde and advants èducallon of Syrians liviThJ In the UK and abroad In wration wth olher organisalions through vallous programs, Inilialives and scholarships al unversilies around the world. PuhlSc b8n61St The Iruslees confirm that they have referred lo the guidancL contained in the Charity Comml8slon8fs general guidanc* on public benelil when reviewing the charitys aims and 0￿.ectIVeS and in plannino future aclivili8& The trustees aro salisfied Ihal lh8 charity continues lo meet tho public bgnefil lesl through ils objectives and aclivil¢es. ACHIEVEMENT AND PERFORMANCE Charllablè actlvltlès The financial iesulls for the perlod are de1811ed in the Statement of Flnanu81 Aclivities. During the year the charity has fulfilled ils objectives by provitling sponsofship Io Several Syfian sludeni8 for their education al a Canadian university. FINANCIAL REVIEW Funds received are used lo support slLKl6nls al universlty based on donations rec￿1ved. FLtnding Is recéived from Individu818 and private companies. 11 is hoped to expand Jusoo¢s parlnèrship with UK unSver8llles lo Incf88se the numbef ol students supported each year. Theie was no known income or expendilure al 30 June 2024 that is not shown in the accAyJnts. R088rv•8 pollcy The Iruslegs iegularly revlew Iholovol of ré$ervo$ lo •n$uTe that Ihey are adequate lor the currenl and proposed lavèls ol chaiilable aclivity. The tolal iesentss al the year end are £116.754 {2023- £155.202) TRUSTEES RESPONSIBILITIES Legislalion requires Ihe Truslees lo prepare financial statements foT each financial year which show a true and rair view ol the slale ol affairs of the Charity and of lh8 income and exp8ndidur8 of the Charity for Ihal peri¢xl. In prèparing those financial slatemenls. the Truslees are required to.. select suitable accounting policies and then apply them consislenlly,. m8ke judgments and eslimales that are reason8ble and prudent: - stale whether applicable accounting standards and slalements of recommended practlcA8 have been followed, subject Io any departures disdosed and explained in the financial slalemenls.. and - prepare lh8 financi81 slalemenls on Ihe going concem basis unless il is in8ppropriaie lo pre8ume Ihal Ihe charity wll conlinue lo opefale. The Trustees ale responsible for keeping proper accounting records which disdose wilh reasonabl8 accuiacy al any time the financial poslion of the Charity and lo ansure that the finanacial slalemenls comply with Ihe Charities Ael 2011. They are also responsible lor safeguarding Ihe assets ol the Charity and hence for taking reasonable steps for the preventlon 8nd detectl¢)n of fraLKI and other Irregularitle8 Approved by order of Ihe board of trustees on ............ . And signed on lis behalf by.. Pago 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JUSOOR UK I report lo Ihe charity Irusiees on my examination of the accounls of Ihe Company for the year ended 30 June 2024 Responsiblliti8$ and basis of report As Ihe charity's Iruslees of the Company land also its difectors for the purposes ol company law) you are responsible for the preparation of the accounts in accordance wilh the requiremenl of the Companies Act 20061'lhg 2006 Acr'i. Having sali$fied myself that thè accounts of Ihe Company are not required lo be audiled under Part 16 01 the 2006 Act and are eligible for independent examinab'on. I report in respect of my examinalion ol the Trust's accounts carried out under seclion 145 of the Charities Act 20111.lhe 2011 Aefi. In earrying out my examninalion I have foll¢)wed th8 Directions given by the Charity Commission under section 145(Sllb) of the 2011 Act. Independent Examln•Vs Ststem•nt I have completed my examinalion. I confimi that no maleri81 Matte￿ have come lo my attention in connection v￿th Ihe examinalion giving me cause to believe Ihal Sn any material respect.. accounting records were not kepl in respect of the Company as required by sectlon 386 of the 2(K)6 Act" or Ihe accounts do not accofd wlh those Tecords. the accounts do not comply wilh the accounling requirements concerning of 8e¢tion 396 of the 2006 Act olher than any requirement Ihal the accounts give a'lfug and fair viev/ which is nol a mallgr nsidefed as parl of an independent examination or the aeeounls have not been prepared In aeeordance wilh the methods and principles of thè Slatemant of Recornmended Practice for accounllng and reporting by charilles prep8ring Ihelr accounts In 8ceordanG8 wilh the Flnanclal Reporting Standard applicable in Ihe UK and Ireland IFRS1021 I have no concerns and have cL*me acr¢)ss no other maitern in c￿nec110n wilh the examnialion to vA)ich aitention should be drawn In th18 report Sn order lo enable a woper Unde￿18ndIng of Ihe accounts to b8 reached. Clalro Nonvood B8c FCA ATII Chartered Accountant Carpenter 8ox Piper House 4 Dukes Court Bognor Road Chichester Wesl Sussex P019 8FX 0410312025 Page 4 JUSOOR UK REGISTERED CHARITY NO.1154168 STERED COMPANY NO 8574 Balance Sheèt a$ at 30 June 2024 Currnnt Assets C88h at bank 121,832 158.886 Llabililies falllng due within 12 months Cfedilo(s 15.078> <3,6841 Not Currant A880ts 116,754 155,202 Total As8èts 188s Currènt LlabllStle8 116.754 155.202 Nat A888t8 116.754 155.202 Fund Balanca a8 at 30.06.24 Reslricled Unreslricled 86,494 30,260 116,754 92,638 62.564 155,202 The charilable company is enlilled lo exemption Irom audil under Section 477 01 the Comp8ni88 Act 2006 for the year ended 30 June 2024 The members have nol roqulr¢d tho charilable ￿mparty lo obtaln an audit oi its finandal $lalomènl$ for th8 year ended 30 Junè 2024 in accordancè with seclion 476 01 thé Companiès Acl 2006. The Irusiees 8d(nowledga Ihelr reponslbilillas for. {a) ensuring Ihal the charilable company keeps accounllng records Ihal Comp￿ wllh Sectlon 386 8nd 387 ol Ihe Companies Acl 2006 and preparlng financlal stslemenls whlch glve a Irug and fair vlew of Ihe stale of affalrs of Ihe charitable company Os al the end of each financial year and of ils surplus or deficit for each financial year in accordance with Ih requiiemenls of Sections 394 and 395 and which otherwise comply wlh the fequirements of Ihe Companies Act 20tsS relaling to finandal slalements. so far as 8pplic8ble lo the charitable company. {b) These finandal slatemenis have been prepared in accordanc* the special provisions of part 15 of the Companie8 Act 2006 relating lo small charitable companies. 1 $18 énirAErèapproved by the board of trtFsle8s on .. ... d slgned on Ihelr behalf by R Zayal-Truslee Thè nots$ on pago$ 6-9 forn port of th0$0 a¢¢¢un Page 6 JUSOOR UK REGISTERED CHARITY NO. 1154168 REGISTERED COMPANY NO. 08574289 Notes to the Accounts for the ear ended 30th June 2024 1 ACCOUNTING POLICIES The Jusoor UK Charitable Trust is a private company limited by guarantee incorporated in England and Wales, company number 08574289 and Charity Commission number 1154168. The registered address is Riverside East. 2 Millsands, Sheffield. S3 8DT. 1.1 ACCOUNTING CONVENTION These accounts have been prepared In accordance wilh Ihe charlty's Memorandum & Articles of Association. the Companies Acl 2006 and 'Accounting and Reporting by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reporiing Standard applicable in the UK and Republic of Ireland (FRS 1021'(as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefil Entity as defined by FRS 102. The Charity has laken advantage of the provisions in Ihe SORP for charities applying FRS 102 not to prepare a Statement of Cash Flows. The accounts are prepared In sterllng. whlch Is the functional currency of the charity. The principal accounting policies adopted are set out below. 1.2 GOING CONCERN At the time of approving the aeLounts, Ihe Irustees have reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus the trustees, continue to adopl the going concern basis of accounting in preparation of the accounts. 1.3 CHARITABLE FUNDS & FUND ACCOUNTING Unrestricted funds are available for use at the discretion of Ihe trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricled funds are set out in the notes to the accounts. 1.4 INCOMING RESOURCES All incoming resources are included on the Siatement of Financial Activities when the charity is legally entitled to the income, the amount can be quantified with reasonable accuracy and it is probable that income will be received. .5 GRANTS PAYABLE Grants payable are debited to expenditure within the Stalement of Financial Activlties in the period to which Ihey relate. Where a grant commitment is payable over a period of more than one year, a liability is recognised for the full amounl of the constructive obligation unless conditions are attached to future payments such that Ihe trustees effectively retain Ihe discretion lo avoid making such payments. Page 7 1.6 RAISING FUNDS COSTS The cost of raising funds comprise events costs and technology cost for online fundraising. 1.7 CHARITABLE ACTIVITIES The cost of charitable activities consists of grants made and the apportionment of support and governance Costs. 1.8 GOVERNANCE AND SUPPORT COSTS Governance costs comprise all costs involving the public accountability ofthe charity and its compliance with regulation and good practi￿. These costs include costs related to accountancy, independent examination and legal fees. Support costs comprise consultancy fees and travel. 1.9 CASH AND CASH EQUIVALENTS Cash and cash equivalents include deposits held at call wilh banks. 1.10 FINANCIAL INSTRUMENTS The charity has elected to apply the provlslons of Section 11 'Basic Financial Instruments" and section 12 '0ther Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial assets and liabilities are offset, wilh the net amounls presented in the financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention lo settle on a net basis or lo realise the asset and settle the liability simultaneously. Baslc flnanclal assets Basic financial assets. which includes debtors and cash and bank balances, are initially measured at transaclion price including transaction costs and are subsequenlly carried at amorlised cost using the effective interest method unless Ihe arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipis discounted at a market rale of interest. Financial assets dassified as receivable within one year are nol amortised. Impalrment of flnanclal a88et8 Financial assets, other than those held at fair value Ihrough income and expenditure. are assessed for indicators of impairment al each reporting date. Financial assets are impaired where there is objective evidence that, as a resull one or more events that occurred after the initial recogniiion of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference beiween the carying amount and the present value of the estimated cash flows discounted at Ihe asset's original effective interest rate. The impairmenl loss is recognised in net incomel(expenditure) for the year. If there is a decrease in the impairment loss arising from an event occurring after the impalrment was recognised, the impairment is reversed. The reversal is such that the currenl carrying amount does nol exceed what Ihe carrying amount would have been, had the impairment previously been recognised. The impairmenl reversal is recognised in net incomel(expenditure) for the year. Page 8 Baslc flnanclal Ilabilities Basic financial liabilities, including Irade and other payables. are initially recognised at transaction price unless the arrangement conslilLJtes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debl instruments are subsequently carried at amortised cost. using the effective interest rale method. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Accounts payable are classed as current liabilities if payment is due within one year or less. If not. Ihey are presented as non-current liabilities. Trade payables are recognised initially at Iransaction price and subsequently measured al amortised cost using the effective interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are d8recognised when Ihe chaiity's conlraclual obligations expire or are discharged or cancelled. 2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of Ihe chaiily's accounting tM)licies, the Irustees are required to make ludgemenls, estimates and assumptions about the carrying amount of assets and liabililies that are not readlly apparenl from other sources. The estimates and associated assumptions are based on historical experience and other factors thal are considered to be relevant. Actual results may differ from these eslimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and fulure periods. & DONAT￿N¥*11DIEfjA oj •43 2¥ In I CH￿1￿1￿LEA¢lMM1 ij JJ • TRUITeEI' REIIWIEAATION•JIO%ENEIIrn )0￿202$ 7 EIAPiOYIE$ •CREwfoR8:￿MOLwf•FAill1o1¥JE¥l1TI￿•O1IE1Y*II • r¢ELAlEDp￿f*IR*A￿￿T￿JM¥ 10.RElIft￿vE0FuH 1*)2J 14 To Fw*¥*A4 4r*ripr*#rrttdtrf.