IM irwinmitchell USOOR UK REGISTERED CHARITY NO.1154168 REGISTERED COMPANY NO. 08574289 NANC AL STATEMENTS For the ear ended 30 June 2025 IRef: A80950421
JUSOOR UK STEREO CHARITY NO.1154168 TE EDC EG Contents to Financia statements for the ear ended 30 June 2025 Annual Report of the Truslees Independent Examinerfs Report Balance Sheet Slalement of Financial Activities Notes to Financial Slalemenis
Page 1 JUSOOR UK EGIS EDCH RITY NO 11541 REGI TERED COM ANY NO. 0857428 REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 30 JUNE 2025 The twslees who are also directors ol the charity for the purposes of the Companies Act 2006. present their report with the financial statements of the charity lor the year ended 30 June 2025. The accounts have been prepared in accordance with the accounting policies set out in note 110 the accounts and comply wilh the charity's governing document. the Companies A¢t 2006 and"Ac¢ounling and Reporting by Charities.. Statement of Recommended Practice applicable to Charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. REFERENCE AND ADMINISTRATION DETAILS Registered Company number 08574289 {England and Wales) Registered Charlty number 1154168 Registered office Riverside East, 2 Millsands Sheffield S3 8DT Trustees Ms R Succar R Zayat Independent examiner Claire Norwood BSC FCA ATII Carpenter Box Piper House, 4 Dukes Court Bognor Road. Chichester West Sussex P019 8FX SollcStor8 INin Mitchell LLP Riverside East, 2 Millsands Sheffield S3 8DT Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill, West Malling Kent. ME19 4JQ STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document Jusoor UK is a ch8Tilable company limited by guarante8 and ils Goveming Document is ils Memorandum and Articles of Association adopted on incorporation on 18 June 2013. The ¢harity was registered with the Charity Commission in England and Wales, as an incorporated charity on 11 October 2013. The charily is governed by iwo board members (Rania Succar and Rami Zayall who have expertise al running projects and nonprofits programmes. Recrultment and appolntment of new trustees Al present there are Iruslees, the minimum allowed in Ihe Articles of Association, with an unlimited maximum. The trustees are appointed by the members al the Annual General Meeting and one•lhird of the number of Iruslees musl retire al the following Annual General Meeting. The Iruslees lo retire by rotation are those who have been in office the longest. Rlsk management The Iruslees have a duly lo identify and review the risks lo which the charity is exposed and lo ensure appropriate controls are in pla lo provide reasonable assurance against fraud and error. As the aclivities are based on the funds reiVed the trustees do not anlicipale any risks.
Page 2 JUSOOR UK REGISTERED CHARITY NO.1154168 EGISTERED COMPANY NO. 08574289 REPORT OF THE TRUSTEES (INCLUDING DIRECTORS. REPORTI FOR THE YEAR ENDED 30 JUNE 2025 OBJECTS AND ACTIVITIES Objectives and alms The charilvs objects as set out in the Memorandum 8nd Articles of Association are: To provide and advance education of Syrians living in the UK and abroad in cooperation with other organisalions through various programs, initiatives and scholarships al unversilies around the world. Publlc benefit The Iruslees confimi that they have referred to the guidance contained in the Charity Commissionevs general guidance on public benefit when reviewing the charily's aims and objectives and in planning future aclivilies. The Iruslees are satisfied that the charily continues lo meet the public benefit lesl through its objectives and aGlivilies. ACHIEVEMENT AND PERFORMANCE Charitable activities The financial results for the period are detsiled in the Ststemenl of Financial Aclivilies. Due lo finan¢al conslrainls and programmic shifts, there was no sponsorship this past year. FINANCIAL REVIEW Funds received are used to support students at unlversity based on donations recelved. Funding is received from individuals and private companies. 11 is hoped lo expand Jusools partnership with UK universlties to increase the number ol students supported each year. Thérè was no known income or expenditure al 30 June 2025 that is not shown in the accounts. Resetves policy The Iruslees regularly review Ihe18vel of reserves to ensure that they are adequate for the current and proposed levels of charitable activity. The lolal rgsa*v8s al the year end ara £142,11512024 - £116,754) TRUSTEES RESPONSIBILITIES Legislation requires the Trustees lo prepare financial statements for each financial yearwhicl) show a true and fair view ol the slate of affairs of the Charity and of the income and expendiclure of the Charity for that period. In preparing those financial slatemenls, the Trustees are required lo.. select suitable accounting policies and then apply them consistently., make judgments and eslimales that are reasonable and prudent., stale whelher applicable accounting standards and slalemenls of recommended practice have been followed. subject lo any departures disdosed and explained in the financial statements.. and prepare the financial 818lements on the going concern basis unle88 1118 inappropriate lo presume that the charity will continue lo operate. The Trustées are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial poslion of the Charity and to ensure that the finanacial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets ol the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularilles Approved by order of the board of Iruslees on And signed on ils behalf by.. R Zayat-
Paga 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF JUSOOR UK I report lo the charity Iruslees on my examination of the accounts of Ihe Company for the year ended 30 June 2025 Responsibilities and basis of report As the charivs trustees ol the Company land also 118 directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirement of the Companies Act 20061'lhe 2006 Act"). Having sa118fied myself that the accounts of the Company are not required lo be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in r&spe¢t of my examinalion of the Trust's accounts carried out under section 145 of the Charities Act 20111"Ihe 2011 Act"). In carrying out my examnination I have followed the Directions given by the Charity Commission under section 14515llb) of the 2011 Act. Independènt ExaMineS Statement I have completed my examination. I confim that no material matters have come to my attention in connection with the examination giving me Cause lo belleve that in any material respect.. accounting records were not kept in respect ofthe Company as required by section 386 of the 2006 A¢t- or the accounts do not accord with those records, or the accounts do not comply with the accounting requirements conceming of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair Vie which is not a matter considered as part of an independent examination or the accounts have not been prepared in accordanee with the methods and principles of the Slalemenl of Recommended Practice for accountlng and reporting by charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland IFRS1021 I have no concerns and have come across no other matters in connection with the examnialion lo which allenlion should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Clalre Noood Bsc FCA ATII Chartered Ac¢ountsnt Ca¥penler Box Piper House 4 Dukes Court Bognor Road Chichester Wesl Sussex P019 8FX 0610312026 Dated .
Page 4 JUSOOR UK REGISTERED CHARITY NO.1154168 TERED COMPANY NO. 08574289 ancè Sheèt as at 30 June 2025 Ba Note Asa at 30.06.24 Curront Assots Cash at bank 165,929 121,832 Liabilities falling due within 12 months Creditors (23,8141 15.0781 Net Current Assets 142,115 116,754 Total Assats lèss Currant Llabllltles 142,115 116,754 Net Assets 142.115 116,754 Fund Balance as at 30.06.25 Reslricled Unrestricted 103,079 39,036 142,115 86.494 30,260 116,754 The charitable company is enlilled to exemption from audit under Section 477 of the Companies Ad 2006 for the year ended 30 June 2025 The members have not required the charitable company lo obtain an audit of ils financial 8t8tements for the year ended 30 June 2025 in accordance with section 476 of the Companiès Act 2006. The Iruslees acknowledge their reponsibililies for.. la) ensuring that the charitable company keeps accounting records that comply with Section 386 and 387 of the Companies Act 2006 and preparing financial slalements which give a true and fair view of the stale of affairs of the charitable company as al the end of each financial year and of ils surplus or deficit for each financial yèar in accordance with the requirements of Sections 3S4 and 395 and which otherwise comply wlh the requirements of the Companies Act 2006 relating to finanaal slalements, so far as applicable to the charitable company. Ib) Thase financial statements have been prepared in accordance wlh the speeial provisions of part 15 of the Companies Act 2006 relating to small charitsble companies. The ncial 8tatsments were approved by the b08rd of Iruslee8 on . -and signed on their behalf by R Zayal-Truslee The notes on pages 6-9 form part of these 8ccounls.
P49•5 JUSOQR U R•slrf¢Md UDFeslrkl• R•ilrkl¢d 21.802 i$.eoB 1$2.Q86 2.q16 8.370 kknkie 281 214 lao 2SO HMRC-Qfftzld 22.a R•*Fthhli 6,49J 8,49) 3$,$93 3223 ag.7 322) 25,J61 116,754 tb.494 ty2,638 Fdba1antreaTTdrthVardJOAl6.l5
Page 6 JUSOOR UK REGISTERED CHARITY NO. 1154168 REGISTERED COMPANY NO. 08574289 Notes to the Accounts for the ear ended 30th June 2025 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 with the charity's Memorandum & Articles of Association, the Companles Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'{as amended for accounting periods commencing from 1 January 2019), The charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 not to prepare a Statement of Cash Flows. The accounts are prepared in sterling, which 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 accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees, continue to adopt 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 the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specificconditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts. 1.4 INCOMING RESOURCES All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income, the amount can be quantified wilh reasonable accuracy and it is probable that income will be received. 1.5 GRANTS PAYABLE Grants payable are debited to expenditure within the Statement of Financial Activities in the period to which they relate. Where a grant commitment is payable over a period of more than one year, a liabilily is recognised for the full amount of the constructive obligation unless conditions are attached to future payments such that the trustees effectively relain the discretion to 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 accounlability of the charity and its compliance with regulation and good practice. 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 with banks. 1.10 FINANCIAL INSTRUMENTS The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments" and section 12 "Other Financial Instruments Issues" of FRS 102 to all of its financial instruments. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention lo settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc financlal assets Basic financial assets, which includes Ifebtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Impairment of financial assets Financial assels, other than those held at fair value through income and expenditure, are assessed for indicators of impairment at each reporting date. Financial assets are impaired where there is objective evidence that, as a result one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the differen beeen the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment 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 impairment was recognised, the impaimient is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment previously been recognised. The impairment reversal is recognised in net incomel{expenditure) for the year.
Page 8 Basic financial liabililies Basic financial liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instrumenls are subsequently carried at amortised cost, using the effective interest rate method. Trade payables are obligations to pay for goods or SeiceS 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 nol, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 2. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 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 future periods.
P4y9 JUSOORUX EDCHAR TEREDCOIIP O OB574289 ?. DDNITItsN$AFIDLEtsA¢IE8 Yraded]0&uol4 Unrq5tii<to R•slrfd4d Re<kl&d 21,402 162mS J7fj 284 281 2$0 HklRC.Offj& 4 R51 FUNDS 6,345 126 5 ¢HARNA8LEA¢YMlS Yiar•ndid 30.1.2025 Ye4rended3D&3014 3,22J Sh8rèolSupportcML% Ji,973 31,972 ei.163 50 14?3 J7S -A¢¢¢unthnty -Lega1 1.¥6Q sss 1.560 574 -Bk[jrge# S TAUSTEEg'REPJUIIERATION INDgFNEFrrs TWM¥ewr4•S 7EMPLOYEES BCREDnORS'.AMOUWtSFALLklfjDUEWWTrWI OTrIEYEJI Y4ar•rAéd Y&ar4Méd IWtndenlEYamlMMnl•is 1.580 t92 • RELATEDPARTYTRANSACTM)E15 1O.RE$lRyEOFuMD$ Ilts¥&m4nlkntund IIDVamQlltknfvnd P¢souittg 1 W2023 RewJr¢es $JJ12024 JQJune102S 54.514 as.491 3223 103,019 8EJ7Q as. AMtyAtsolnt141è1 tImen1Url Tth 2025 F41025 Fwd&2024 I)d$2024 2024 FUrlance518OJthie20l5 302M