Charity registration number.. 1157330
THE ALBERONIVS FOUNDATION
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2024 TO 31 MARCH 2026
Inam & Co Ltd
Chartered Certified Accounlanls
459 Green Lane
Goodmayes
Essex
IG3 9TD

The Alberonius Foundation
Contents
Page
Tru8lees' Report
Indep6ndenl Examiner's Report
statement of Financial Aclivrtles
Slalemenl of Financial Position
Notes to the Financial Statements
15
The lollomring pages do not lorrn part of the ststulory accounts.,
Oetsiled Slalement ol Financial Activities
16

The Alberonlus Foundation
Trustees, Report For the Period 1 January 2024 to 31 March 2025
The trustees present their report and the financial statements for the peiiod ended 31 Mar¢h 2025.
Objectives and Activitie5
Aims and Objectives
The aims and objectives are lo promote ￿ucation including Social and physlcal Iralning in the United Kingdom in such VrfBy5 as the charity
trustees think fil. inclLJding by..
To promote education and provide financial and physical support lo student seeking further and huher educallon.
To provide vocational skill to young people,
To provide affordable student accommodation,
Significant Actlvltles
assistance in providing Ihelr education including to undertake travel in furtherance of that educallon, or lo prepare for entry lo any
occupation or trade or profession on leavino any educational establlshment.
lo advance the education of young people by providing and assisting In the provisSon of facilities for educatlon al the school.
Publlc Beneflt
A8 a charlty. we are asked by the Charity Commission lo consider whether our actwilies provide "a public benefit." The tru81ees have
considered this matter. in accordance wlh the lalesl guidance. The 8oard of Iruslees believes The Alberonius Foundation's Services do
provide a public benefit and Iher&fore justify our charitable slalu8. We have complied with the duty in section 17151 ol the 2011 Charrties Act to
have regard lo guidance published by lh& Charity Commisgion and in pianning lulur8 activities.
The Iruslees conliim that they have complled with the requlrements ol Sectlon 17 of the Charrties Act 2D11 to have due regard to the Chafily
Commlssion's guldance on publi¢ benefll.
Achlevements and Pertormance
Maln AchleveFnenls
Charitabl• actlvltles
The charily ha$ provided accommodation lo male and female students flndlng difficult lo Ilve In London and to attend hlgher educallon. On
average 2312023.'1018ludenls have benefited from the programme.
Fund ral$lng
All funds raised were from Indrildual8, and donations from a charlly, Hasene Inlernallonal e.v.. Germany.
Golng Concern
The Iruslees have a88e68ed the charity's ability lo continue ptssl balance sh¢el date and concluded that there are no material ri8k. and the
harily wi51 be able lo meet ils liability as they fal5 due.
Long accountlng perlod$
Th$ financial statements presented cover an extended accounting period of 15 months ending 31 March 2025. This longei reporting peiiod
was adopted due to alignment wlh operational cycles. As a result. the comparalbve figures shown lor the prior period reflect a standard 12-
month period and are therefore not directly comparable w4lh the current perlod's results. The trustees acknowledge this difference and advise
readers lo consider the length DI thè reporting perlott when reviewing income. expend(ture. and other performance Sndicalors.The Iruslees ale
satisfied that the accounts provide a true and fair view ol the charity's financial position and performance, and that apprvpriate di8e105urès
have been made lo ensure transparency.
Firbancial Revlew
Flnancial Position
The financial resLJlts ol the charity lor the period ended 31 March 2025 are fully reflected in the attached Flnancial Statements together vlth
the Notes thereon.
Income from donations and charitable activities for the year amounted to £180,75912023'.£191.4811.
Total resources expended wa8 £192,62312023'£161.8371 resulting Sn a net deficit lor the year by £11,86412023'. Surplus £29,844).
..CONTINUED
Page 1

The Alberonius Foundation
Trustees, Report (continued)
For the Period 1 January 2024 to 31 March 2025
Flnanclal Posltlon - continued
As menlioned above, the charity has recorded a deficit of £11,864 in ils general lunreslrictedl funLI. This outcome reflects use of our reserves
to sustain the Core charitable activities amid fluctuating income streams. The key cost drivers Mthich led to incre&sed expenditure were,
particularly in sludent support and outreach activities and one-off costs of £4.160 as compliance upgrades and infraslruclure improvements.
absorbed by the general fund.
As al 31 March 2025, the charity has total unrestricted funds 01 £33,02912023'.£44,8931.
Al the major activities of the ¢harty were carried out by the volunteers and Iruslees.
Reserves Pollcy
The Iruslee5 consider, the reserves held are sufficient tts conllnue the charllies activty In future years and any shortfall is supported by
Hasene International e. V. Germany.
Taxation
The Trustees are Of the oplnion that as charf(y, the organlsalion Mll be exempt from taxats'on under the provlsions ol the income and
corporation Taxes act 1988.
Golng Concgrn
The trustees have assessed the charity's financial position and fLrture plan5 and conslder that there are no material uncertainties about the
charity's ability lo continue as a going concern. The accounts have therefore been prepared on a going concern basis. In making thi5
as8essmenl, the trustees have revlewed the charity s reserves. cash ffow forecasts. and expected Income and expendrture for the next 12
months. They are satisfied that the charity has sufficient resources lo meet its obligallons and continue its activi118S.
Future almj and plan$
Tho charity aims lo broaden Ils educational and oulreaGh athvllles over the coming year.. building on ils commftment lo public benefit and
knO￿edge dis$eminalion, the Iruslees intend lo.,
Ctsnlinue our commitment to empowerina youno people in their educational journey. The Alberonius Foundation is proud lo provlde
accommodation 8UPPOrt lo students. We recognise that stable hou81ng is essential lor aoademic success. personal wellbein9, and long-lerm
pportunity. Through our sludenl accommodation inrtialive, we offer,, subskdised housing for students from low-income backgrounds and
prlority placements for those experienclng hard8hip or displacement.
Organlse workshtsps and public talks lo promote dialogue, learnlng. and community engagement around key themes relevant to the charity's
mission,
Establish outreach programme wqlh UK universili&s to foster sludenl inlera¢tion. including gueEt leclureÈ, collaborative events, and
opportunitles for volunleerlng or research engagement.
Explore partnerships with aoademic In81ilulions to CO•hosl events and contribute 19 curriculum enrlchmenl wherè appropriate.
These ini1181ives are designed to enhance the charlty's Impact, support rt$ strategic goals, and 6trenclhen ils presence wlhin the academlc
and student communities across the UK.
structure, Governance and Management
Governlng Document
The Alberonlu8 Founrsation 16 a Charrtable Incorporated organlgation ICIOI and registered wrth the charrty commlssion on 5 June 2014.
The charity trustees are responsible for the general ¢onlrol and management tsf the charity. The trustees give Ihelr time freely and receive no
remuneration or other financlal benefit8.
The Iru8lees meet together as a body when and as requir$d and are responsible for all decislons taken in relation lo running the activities
provided by the charlly. To assist in the smooth running of the charity the IrLJslees have sel up a lead team of volunteers that help oversee
¢ert3in aspects of the charrty's work. Currenuy the lead team is responsible for running various weekly adult classes and lectures, seminars.
workshops. mentoring progiammes elc. mainly from a hired community hall. Regular feedback is given to the trustees for review and
approval.
Recrultment and appointmerbt of new trustees
The existing trustees are responsible lor the re¢rurtmenl of new Iruslee5 are selected from the respecterj members of the faith who are
active in the local Community and the work that the trust does and who ensures that good relaliong are f0tsteredbet￿en the charrty and the
people of the Icical community that il Se￿ets.
..CONTINUED
Page 2

The Alberonlus Foundation
Trustees. Report (contlnued)
Forthe Period 1 January 2024 to 31 March 2025
Governing Document- continued
In sele¢tinu new trustees, we seek to identify people who are active and are willing to volunteer lo help in our broader community work.
Potential trustees wll be given more details of the chartlys aims and activities and followqng induction pericd. if all agree, they are then
proposed as new Iruslees at the subsequent Irusl6es' meeting. This process allovB due consideration of the person's eligibility, personal
competence, specialist knowledge and sknlls.
Induction and training of new trustees
Following appointment, new trustees wqll be introduced lo their new role and ar¢ requested to familiari8e themselves wrth contents of the
trusts constitution and lo the pO1￿cleS PFocedure5 adoplecs by the charrty. They are also iequesled lo read a number ol publications from
the Charity Commission lo ensure that they are aware ol the scope ol their responsibilities under the Charities Act. The new Iru$tees will work
with existing Iruslee assisting on particular activities and projects run by the ¢harily. Once ¢onlidenl they will then be given the task of leacllng
a perticular adlvily or project as necessary.
Rlsk Management
The Iruslees are responsible for ensurlng that the chanly identifies and manages the Major risks to whlch 1£ is exposed. To this end. the charity
has established 8 formal risk assessment process that is reviewed regularly lo ensure its effects'veness.
The trustee¥ have considered the prlncipal risks and uncertaintie¥ facing the charlly and have implemented appropriate systems and
procedures lo miligale these risks. These include financial controls, safeguarding policies, data protection measures. and governance
protoco15. Rlsks are assessed in terms of their likelihood and potential Impact. and miligalion strategies are developed accordingly.
The risk register ig revlewed at Iru$lee meetings and updated as nece55ary to reflect changes in the charity s operating environment. The
trustees are satisfied that the systems In place are adequate lo manage the charity's exposure lo risk and 8UPPQrt the achievement of its
objects'ves.
Volunteer8
The Iruslee8 wish lo expres$ their sincere gratitude lo the volunleers who have Contributed their lime, Skills, and commitment lo the charity's
work during the year. Volunteers play a vital role in supporting the delivery of our services, enhancing community engagement, and extending
the reach of our charitable aclivilies. During the year, volunteer8 assisted In a wqde range of functlons including such as 'evenl Coordination,
admSni81ralive support, rnenloring, fundraising, and QLJtreach. Their ¢ontribulion$ have enabled the charity lo operate more effectively and
eificienlly, often providing specialist knowledge and local insight that enrich our programmes. While the value of vtslunteer Ilme18 not reftecled
in the financial $lalem&nts, the tru51ees recognlse its 5ignilicanl impact on the charity's operations and oul¢omes.
Page 3

The Alberonlus Foundation
Trustees. Report (continued)
For the Perlod 1 January 2024 to 31 March 2025
Reference and Administrative Dgtails
Trustees
R Gokce
M Gungordu
U Bilaloglu
Charity Number
1157330
Prlncipal Addre$$
399-401 High Road
London
N176QN
Independent Examlner
M l Ullah FCCA
Inam & Co Ltd
Chartered Certified Accountants
459 Green Lane
Goodmaye$
Essex
IG3 9TD
B4nk8f
Barclays Bank plc
Leleeslei
Page 4

The Alberonius Foundation
Trustees. Report {contlnued)
For the Perlod 1 January 2024 to 31 March 2025
Post Balance Sheet Events
At the lime of approving this report, no other significant events have occurred that require adjuslmenl to the financial statements or further
disclosure.
statement of Trustees. Responsibilities
The Iruslees are responsible for preparing the Trustees. Report and the financial statements In accordance with applicable law and United
Kingdom Account1r￿ Standards (United Kingdom Generally Accepted A¢¢ounling Practicel.
The law applicable lo charities in England and Wales reouires the Iruslees tu prepare financial stslements for each financial year which give a
true and fair view of the slate gf affairs ol Ihe charity ancl of the inceming resources and application of resources ol the charity lor that period. In
preparing the financial statements the Iruslees are required lo.
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charity SORP.,
make judgrnents and accounting estimales Ihat are reasonable and prudent.. and
prepare the financlal statements on the golng concern ba518 unles8 il Is Inappropriate to presume that the charity V￿11 continue in
busine88.
The Iruslees are respon8ible for keewng adequate acctsunling record3 which disclose wth reasonable accuracy at anytime the financial position
ol the charity and to enable them to ensure that the accounts comply wllh the Charrties Act 2011, the Charity (Accounts and Report81
Regulations 2008 and the provisions ol the Irusl deed. They are also responsible lor saloguarding the assets csf the charity and hence for taking
reasonable steps for the prevenllon and detection of traud and other irregularilles.
The trustees, report was app
ved by the board ol Iruslees and 8lgned on Ils behalf by..
M Gungordu
Trustee
1211112D25
Page 5

The Alberonius Foundation
Independent Examlnerfs Report to the Trustees of The Alberonlus Foundatlon
For the Period 1 January 2024 to 31 March 2025
I report to the trustees on my examination of the accounts of The Alberonius Foundation Ilhe Trust) forthe period ended 31 March 2025.
Re$pon$ibllltfe$ and Bas1$ ol Report
As the charfly INslees ol the Trust you are responsible for the preparation of the accounts in accordance wth the requirements of the Charf(ies
Act 20111"Ihe Acl'l.
I report in re8pect of my examination of the Trust's accounts carried out Ljnder section 145 of the 2011 Ael and In c8rrySng out my examlnation. I
have followed the applicable Direcliohs given by the Charity Cornmission Lknder sedion 14515llbl ol the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connedion wth the examinallon giving me
cause to believe that in any material respect..
accounting record8 were not kept In respect of the Trust as required by section 130 of the Act., or
2 the accoLinls do not accord with those records., or
I the accounts do not comply wlh the applicable requlremenls ¢oncerning the form and contents ol a¢counls set out in the Charities
(Accounts and Reports) Regulations 2008 Other than any requirement that the accounts give a 'lrue and fair view wthich is not a matter
Cons￿&re￿ as part of an indfypgndenl gxaminalion.
I have no concerns and have come across no other matters in connection with the examinallon lo whlch attention should be drawn in this report
in order to enable a proper understanding of th8 accounts lo be reached.
M l Ullah
CCA
1211112025
Inam & Co Ltd
Chartered Certifieol Accounl8nl$
459 Green Lan8
Goodmayes
Essex
IG3 9TD
Page 6

The Alberonlus Foundation
Statement of Financial Activities
For the Period 1 January 2024 to 31 March 2025
31 March
2025
31
De¢embei
2023
Unresti5¢led Unrestricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Charitable actwilies..
20.789
36,677
Turtion fees
Charilablg activity
17,262
142,707
26,5
128.298
180.758
191,480
EXPENOITURE ON..
Raising funds
Charitable actlvilies..
Charitable activity
Others
16,e791
15,5001
120.8021
126,5691
1164.9411 1129,7681
1192,6221
1161,8371
NET IEXPENDITUREIIINCOME
111.8641
29.643
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS..
Total funds brought fopNard
111,8641
29,843
44,893
15,250
TOTAL FUNDS CARRIED FORWARD
15
33.029
44,893
The notes on pages 9 to 15 fom part of Ihe¥e fj'nancial sl8tements.
Page 7

The Alberonius Foundation
Statement of Financial Position
As At 31 March 2025
31 March
2025
31
December
2023
Unie$trl¢ted Total fund$
funds
Notes
FIXED ASSETS
Tangible Assets
12
15.416
23,702
15.416
23,702
CURRENT ASSETS
Cash al bank and in hand
22.107
23,691
22,107
23,691
Credltors.. Amounts Falllng Due Within One Year
13
14,4941
12,5001
NET CURRENT ASSETS ILIABILtTIESI
17,613
21,191
TOTAL ASSETS LESS CURRENT UABILITIES
33.029
44,893
NET ASSETS
33,029
44,893
FUNDS OF THE CHARITY
Unreslricled Funds
33,029
44,893
TOTAL FUNDS
15
33,029
44.893
On behalf of the board
J/IM
M Gungtsrdu
Trustee
1211112025
Thè notes on pages 9 10 15 form part of thes? financial stalemants.
Page 8

The Alberonius Foundatlon
Notes to the Financial Statements
For the Period 1 January 2024 to 31 March 2025
1. General Informatlon
The Alberonius Foundab'on is a charitable incorwraled organisation registered wlh the Charity Commission. registered chaity number
1757330.
The principal addres8 Is 399401 High Road. London. N17 6QN.
2. Accounllng Pollcies
2.1. Basls ol Preparation ol Flnanclal Statemonts
The financial statements have been prepared in accordance wilh the Charrties SORP IFRS 1021 Accounting and Reporting by
Charrties.. Slalemenl of Recommended Praolice appllcable lo charrties preparing their accounts in accordance wqlh the Financlal
Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Éffective 1 January 20191 Financial Reporting Standard
102"The Financial Reporting Standard applicable in the UK and Rèpubllc of Ireland, and the Charities Act 2011.
The charrty is a Public Benefit Enlily 89 defined by FRS 102.
The presentation curren¢y of the financial Statements is the Pound Sterling (£1 which is also the functional currency.
2.2. Fund Accotsntlng
The chadlie8 funds are 5pIS1 be￿een reslricled and unrestricted.
Unre8lrlcled funds.. All general donallons are re¢ognised as unrestricted unless specifically staled by the donor. Unreslrieted funds
comprise the accumulated surplus or deficit on the slalemenl of financial activf(ies which are available for u8e al the dis¢relion of the
trustees in furtherance ol th8 objective¥ of the charrty.
Restricted funds.. These are assigned by the donor. or the lermB of the appeal. specified by a partl¢ular Country or prolecl. The donallon
and income derivin9 from them will be tJ$ed in accordance wlh the 8pe¢ifiG purposes.
Further explanation ol the nature and purpose of each fund18 Included in the notes to the linanclal 8lalements.
2.3. Incomlng Rosourceg
Inc¢me Reoognition
Income is recognised in the Statement of Financial Activities ISOFAI when the charity is enlilled lo the income. receipt is probable. and
the amount can be measured reliably. The foll10v￿ng policies apply lo each material income stream..
Donallons and Legacies
Recognition. Income 1$ recognlsed when received or when thè charlly has entitlement, recelpt 18 probable, and the amount can be
mea8ured reliably.
Legacles.. Re¢ogn18èd when probate is granted, the esl8le's value ¢an be rellably estlmated. and receipt is probable.
Grant Income
Restricted Grants.. Recognised as incomtt when the charty has entitlement and performance conditions are mel.
Unresliicled Giants.. Recognised when awarded and recelpl is probabl8.
Performance-relaled Grants.. Income 15 recognlsed as the charity earns the grant through service delivery or mlleslones.
Page 9

The Alberonius Foundation
Notes to the Financial Statements (continuedl
For the Perlod 1 January 2024 to 31 March 2025
2.4. Resources Expended
Liabilits'es are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure.
All expenditure is accounted for on an accruals basis and ￿ recognised where there is a legal or constrLJCtive obligation to
pay. Expenditure has been classified under headlngs that aggregate all costs related to that calegory.Granls offered subject lo
condrtions which have not been met 8t the year end dale are noted as a commitment bul not ac¢rued as expendf(ure.
Cost ol generatlng funds
Costs of generating voluntary income". The ctss15 Incurred in seeking voluntary income l fvndralsing. The costs incurred in seeking
voluntary donations,
Charltable actlvitles
These are costs asgociated wllh Ihg provision of educalionllinancial empowerment and development of humanitarian programme8.
2.5. Tangible Flxed Assets and Depre¢l8tlon
Tangible fixed assets are measured at Cost less accumulated depreciation and any accumulated impairment losses. Depre¢ialion 15
provided al rates calculated lo write off the cost ol the fixed assets, less their e8limaled residual value, over their expected useful lives
on the following bases..
Leasehold
Fixtures & Flttlngs
Slraighl line over 5 year8
20Vo on ¢951
2.6. Cash and Cash EqLblvalents
Cash ancl cash equivalents are basic financial assets and Include cash In hand and deposits held al call with banks, other short-lerm
highly liquid inveslmenl¥ that malLire in no more than three monlhg from the dale of acquisition and are readily convertlble lo a known
amount of cash wlh insignificant risk of change in value. and bank overdraft6.
2.7. Flnanclal Inslruments
The charlly hold8 financial instruments solely in the form of cash al bank. These are classified as basle flnancial assets under Section 11
of FRS 102.
Recognition and Mea8uremenl'.
Cash al bank is initially recognlsed at ils nominal valuo and ¥ubsèquenlly measured al amortised cost, whlch equates to face value due
lo smort-lerm and liquid nature.
Classification..
The Charity does not hold any cDmplex financlal instruments such as derivatives, inveslmenl8. or loans. Cash al bank is held in standard
urrenl and Savings accoLJnts with regulated financial institutions.
Risk Managem¢nl'.
The charity's exposure lo financial risks Icredil, liquidrty. and market riskl is minlmal due lo the nature ol ts financial holdings. Cash
balances are monrfLofed regularly to ensure sufficient liquidity for operational needs.
2.8. Forelgn Currencles
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of
financial p051tion date. Transactions In ftsieign Gurren¢ies ar& translated intts sterling at the rate ruling on the d8t8 of the transaction.
Exchange differences are taken into account in arriving al the operating s￿r￿U8.
2.9. Taxation
As a charity, the company is exempl from income and corporation lax to the exlenl that its income and gains are appli¢able lo charitaL)le
purposes only. Value added tax IVATI is not recover3ble by the company and Is therefore included in the relevant costs in the slalemenl
ol financial activities.
Page 10

The Alberonlus Foundation
Notes to the Financial Statements (contlnued)
For the Period 1 January 2024 to 31 March 2025
3. Income from Donations and Legacies
31 March 2025 31 December
2023
Unrestricted
UnTestrlcted
funds
funds
Donations and gifts
20,789
36,677
4. Income from Charltable A￿1vItIeS
31 March 2025 31 Decembpr
2023
Unrestrl¢tsd
funds
Unr&$trlctsd
funds
Tuition fees..
Education support
Charitable aclivily.
Hostel accommodation
17,262
26,505
142,707
128,298
159.969
154,803
5. Net IncomellExpendltui¢l
The net lexpendrtureyincome is staled aftor chorgingllcredi1Sngi'.
31 March 2025 31 De¢ember
2023
Depfeclatlon of tangible Ilxed a$¥ets- owned
Amorti8ation ol intangible fixed a55ets
3,286
5,000
1.925
4,000
6. Analys1$ of Expandlture
31 March 2025
Actlvitie$
undertaken
dlie¢tly
18ee nolp 71
Support costs
(see note 81
Total
Raislng funds
Charita￿e aclivty
Othe
6,879
20,802
6,879
20,802
164,941
164,941
27.681
164,941
192,622
Page 11

The Alberonius Foundation
Notes to the Financlal Statements (continued)
For the Perlod 1 January 2024 to 31 March 2025
31 December
2023
Actlvities
underlaken
directly
(see note 71
Suppoit Costs
Isee note 81
Total
Raising fund8
Charitable acllvrty
other5
5,500
26.589
850
5,500
26,569
129,768
128,918
32.919
128,918
161,837
7. Dlre¢t C0515
31 March 2025
Charltable
a¢tivlty
Ralsing fundg
Total
Fundraising activille8'.
Event adminlslrallve expenses
6,879
20,802
27,681
31 Decemb8r
2023
Charltablè
actlvlty
Ral$ln9 fund$
Other$
Tolal
Fundralslng aclSvlties',
Event admini8lralive expgn$e6
Employee cost8..
Wages and salaries
5,500
28,569
32,069
850
850
5.500
26.5e9
850
32,919
8. Support Co$ts
31 March 2025
Others
Employee costs..
Travel and subsistence expenses
Premises expenses..
student accommodations and lacilities
Secur((y and maintenance costs
General admlni$lralion'.
Telecommunications
Independent examinerfs lees
Accountancy lees
Depreciation..
Depreciallon ol fixtures and fittings
Amorts"salion
94
150,000
3,415
500
7SO
1,896
3,288
5.000
164,941
Page 12

The Alberonius Foundation
Notes to the Financlal Statements {continued)
For the Perlod 1 January 2024 to 31 March 2025
31 December
2023
others
Employee costs..
Travel and subsistence expenses
Premises expenses..
Student accommodallons and facilititss
General administration..
Printing. postage and stationery
Telecommunications
Independent examiner's lees
Bank charges
Depreciation,.
Depreciation ol fixtures and flttlng8
Amortisallon
1,233
120,000
123
578
1,044
15
1,925
4,000
128,918
9. Independent ExamlnOT'S Remuneratlon
31 Mafch 2025
31 Decomber
2023
Independent examination of the financlal stalemenl$
750
1,044
10. Statt Costs
Staff costs were as follows..
31 March 2025
31 December
2023
Wages and salaries
e50
No employees recelved employee benefits lexduding employer pension costs) for the reportin9 period Df more than £6D,000.
11. Averoge Number of Employees
Avera9e number of employees during the period wag.. NIL12023'. 11
12. Tangible Assets
Land &
PropeTty
Leasèhold
Fixture5 &
Flttings
Total
Cost
As at 1 January 2024
2Q,000
13,145
33, 145
As at 31 March 2025
20,000
13,145
33,145
..CONTINUED
Page 13

The Alberonlus Foundation
Notes to the Financlal Statements (continued)
For the Period 1 January 2024 to 31 March 2025
Depr￿latIOn
As al 1 January 2024
Provided during the peiiod
4,OOCI
5,000
5.443
3.286
9.443
8.286
As al 31 MaT¢h 2025
9.000
8,729
17,729
Net Book Value
As at 31 March 202S
11,000
4.416
15,416
As at 1 January 2024
16,000
7.702
23,702
13. Credltors.. Amoun1$ Falling Due Withln One Yeaf
31 March 2025
31 December
2023
Other ¢reditors
4,494
2.500
14. Other Commllmonts
The total of lulure mlnimum l¢ase payments under non-cancellable operating leases are as lollovdng..
31 March 2025
31 D¢eombèr
2023
Later than five years
120.000
120,000
120,000
120,000
The charity occupies premises under an operating lease agreement for the use ol rooms that support ils core charitable activities. The lease is
held in the charity's name and relates to its adminislrallve office spsce, hostel accommodalionè and meeting rooms used for programme
delivery and adminislralion.
15. Movement In Fund$
Asat1
JanLsafy 2024
As at 31 March
2025
Income
Expendlture
Unrestrlcted funds
General.,
General unrestricted fund
44.893
180,7S8
1192,8221
33,029
Totsl funds
44,893
180,758
1192,6221
33,029
Asat31
A¥at1
January 2023
DerembeT
Income
Expendityre
2023
Unrestrlcted tunds
General..
General unrestricted fund
15,250
191,480
1161.8371
44,893
Total funds
15.250
191,480
1161.8371
44.893
Page 14

The Alberoftius Foundatlon
Notes to the Financial Staternent5 (continuedl
For the Period 1 January 2024 to 31 March 2025
16. Post Balance Sheet Events
At the lime of approving this report. no other significant events have occurred that require adjustment to the financial 51alernent5 or further
disclosure.
17. Transactlons wlth Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charrty or a related entity during the current
or previous year,
No trustee expenses have been incurred.
18. Related Party Dis¢losures
During the period, the ¢harity paid lor le88ed ac¢ommod8tion8 and services facilitl8S to a Connected charity LICARS, amounting lo £150,000
12023.. £120.0001. There was £nil12023'. £nili amounts owed lo the charity.
19. Controlling Partlgs
The charity is controlled bylts 8oard ol Trustees.
P8ge 15

The Alberonius Foundation
Detailed Statement of Financial Activities
For the Period 1 January 2024 to 31 March 2025
31 March 2025 31 December
2023
Totsl
funds
Total
funds
INCOME AND ENDOWMENTS FROM..
Donations and lagacie$
Donations and grfts
Commilled Iregularl giving
2.082
34,595
20,789
20,789
36,677
Charltable A¢tlvltles:
Tultlon fee
Education support
17.262
26,505
17.262
26.505
Charltablo actlvlty
Hostel awommodallon
142,707
128,298
142,707
128,298
180,758
191.480
EXPENDITURE ON.,
Ralslng lunds
Event admlnislratlve expenses
16,8791
15,5001
16,8791
15,5001
Charltable A¢tlvltlgS;
Charltsblè a¢tlvlty
Event admiiiislralive expenses
120,8021
126.5691
120,8021
126,5691
others
Wages and Salaries
Travel and subsislen¢e expenses
Student accommodation6 and facilities
Security and maintenance costs
Prinlino, postage and stationery
Telecommunications
Independent examiner's lee5
Accountancy fees
Bank charges
Depreciation ol frAture8 and fitting8
Amortisation
18501
11,2331
1120,0001
1941
1150,0001
13.4151
11231
15781
11,0441
Isooi
17501
11,8961
1151
11,9251
14.0001
13.2861
15.0001
1164,9411
1129,7681
1192.6221
1161,8371
NET IEXPENDITUREIIINCOME
111,8641
29.643
Page 16