RIGHT TO EDUCATION INITIATIVE
Rogi$tered Charity No. 1173115
REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
MYRUS SMITH
Chartered Accountants
Norman House
8 Burnell Road
Sutton
Surrey
SM14BW

RIGHT TO EDUCATION INITIATIVE
FOR THE YEAR ENDED 31 DECEMBER 2025
CONTENTS
Page
Reference and Administrative Details
Trustees, Annual Report
Report of the Independent Examiner
Statement of Financial Activities
10
Balance Sheet
11
Notes to the Financial Statements
12-16

RIGHT TO EDUCATION INITIATIVE
Registered Charity No: 1173115
REFERENCE AND ADMINISTRATIVE DET￿Ls
Board of Trustees:
D. Archer (resigned October 2025}
A. Hassan (Treasurer)
E. Martinez (Chairl
A. Taneja (resigned October 20251
D. Hashem (resigned May 2025)
N. Skipper
B. Patel
C. Coupez
l.sayz
S.Namusobya
Principal Offi¢e:
clo ActionAid Intemational
33-39 Bowling Green Lane
London
EC1R OBJ
Bankers:
CAF Bank Limited
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
Independent Examiner:
K.C. Fisher BA FCA CTA
% Kingston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
i([6 7AL

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDEO 31 DECEMBER 2025
The Trustees present their annual report together with the financial statements of R￿￿1 to Education
Initiative (the charity) for the year ended 31 December 2025. The Trustees confirm that the annual
report and financial statements of the charity comply with the current slatulory requirements, the
requirements of the charity's governing document and the provisions of the Statement of
Recommended Practice {SORPI, applicable to charfties preparing the1r accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (second
edition effective 1 January 2019).
Who we are
We are a nOn￿OVernmental intern211onal human rights organisation dedicated entirely to the
promotion and defence of the right to education.
Why we exist
We exist because the right to education is not fully Te81ised, is still violated and is under constant and
evolving th￿?1. The￿ is a demonstrable need within the human righls, education and development
sectors for a civil society organisation to be an expert on the right to education and act as its guardian.
We exist to promote and defend education as a human right at inlemational level, and lo support civil
society actors to understand and use human rights law and mechanisms lo advance the realisation of
the right to education at national level. holding stales accountable through monitoring, reporting,
advocacy and litsgation.
Our vision
Our vision is a world in which everyone can fully enjoy the right to education in all its dimensions from
birth lo adulthood and throughout life, regardless of their status and circumstanTrs, and where all
human rights in and through education are respected, protected and realised.
As sel in our constitution, our object is to promote the right to education, as defined by intemational
human rights law, by..
Sharing information, tools and resources on the right lo education.
Researching into right to education issues,.
Monitor abuses of the right to education.,
Raise awareness on right to education issues",
Providing te¢hni¢al advice to partner civil society organisations on right lo education issues.,
Intemational 8dvoc8cy of the right to edLJcation,' and
Promoting respect for the right to education among individuals and corporation
ACHIEVEMENTS AND PERFORMANCE
In 2025, we conts'nue to implement our 2023-2026 Strate
education in a transformin
world based on pillars..
Advancin
the realisalion of the ri
htto
Protecting and strengthening the intemational legal, political and institutional framework that
guarantee the right to educab'on and guide ils implementation al national level.
2. Strengthening civil society actors, capacity lo understand and effectively use human rights law
and mechanisms lo ad¥ance the realisalion of the right lo educolKfyn at all levels through
monitoring , reporting, advocacy and lib"gation.

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
with the obje¢tive of protecting and strengthenlng the international legal, political and
nstitutional frameworks that guarantse thg right to educatlon and guide its implementation at
national level:
We co-led, during the year, the development of Guidin
Princi
les on the ri
ht to ea
childhood care and education and
resented them at CIES an intemational conference on
education, in March, and al a side event we co-organised in June during the UN Human
Rights Council.
We collaborated with UNESCO in developing an analytical framework for assessing early
childhood care and education (ECCEI policies and their implementation at national level. We
conducted desk research gnd
ana￿S1$ in three ￿￿ntrieS.. Tanzania. Keny8, and
Mozambique.
In February, we co-launched with the Public Education and Human Rights Coalition IPEHRC)
a policy brief and position paper on Dem
Education Public-Private Partnershi
s.. Vvhal
Eve
Polic maker Should Know. The online event gathered 113 people. In March, we
presented the paper in French at an event organised by Coalition Education on Financin
education s
stems challen
es and
ros
ecls, gathering 85 participants. In November, as part
of PEHRC, we also co-sponsor an online event at the World Summit for Social Development
on Re21isin
the Ri
hl lo Education.. Reclaimin
Public S sterns for E ui
and Inclusion.
In February, the UN Committee on Economic, Social and Cultural Rights rewewed the UK. As
we had submitted a re
dated information, we co-drafted a statement for the briefing
of the UN experts prior lo the interactive dialogue be￿een the Committee and the UK'S
representatives, which was delivered by Oxfam UK. The experts raised our issue during the
interactive dialo
ue. In March, the Committee published ils concluding observations. which
include specific recommendations regarding both the UK'S official development assistance
IODAI in the field of education and tax policies which hinder the ability of Slates to mobilize
the maximum available resources for the implementation of Covenant rights, including the
right to education. This is directly linked to the report we submitted. We published a
less
release.
In May, together with GI-ESCR, we submitted a
oint contribution to the OHCHR for the
preparation of the first session of the Open*nded intergovernmental wort(ing groLJP on an
optional protocol to the Convention on the Rights of the Child. Our joint submission specifically
responds lo question 3 outlined in the call for in uts and reaffimis the centrdl importance of
public education in the realisation of children's rights.
In June, we provided inputs for the draft of the HRC Resolution on the ri
hl lo education. Ati
were taken into a¢¢ount in the first version and all kept in the last version, with slight
adjustments in the wording.
In June, we co-organised a side-evenl on the im
session of Ihe UN Human Rights Council.
In September, for Intemational Day to Protect Education from Attack, we published a poliGy
brief in English, French, Spanish and Arabic on Monitorin
the ri
hl to education In conflict-
affected conlexls - Ke
hts and strate
ic recommendab'ons. The brief is mentioned in the
latest UN Special policy brief on the right to education in am)ed conflict. We also organised a
webinar on 'Documentin
the im
act of attacks on education,.
lementation of ECCE during the 59th
In October, we attended the UN Human Ri
ht Council 2025 Social Forum in Geneva. We
contributed to the panel on 'Educats'on for
olitical ri
hts- Partici
alion cilizenshi
and voice,
sharing our perspective on 'Education for the ri
ht to
artici
ate in
olili¢al life and ublic
affairs.. Democratic citizenshi
We also discussed 'Enhancin
the ri
ht lo education..
emer
challen
es and enablin
fa¢lors', in a round table organized by UNESCO, University
of Geneva and the Commission suisse pour I'UNESCO. Our organisation was mentioned in
UN Toda
and UN Geneva.

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
In December, we attended the UNESCO International S
osium on the Future of the Ri
ht
to Educalitsn and Gonlribuled to the parallel session on 'Hi
her education as a s
ace of
interseclin
human ri
hts,.
We also ￿vieWed UNESCO'S publi¢ation The ri
directions.
ht to education..
ast
resent and future
As part of collective effort lo advocate for the implemen18tion the right to education, including
through the provision of education as a public service, we issued in June, on the United
Nal'ons Public SeNices Day. and a few days before the Financing for Development
Conference IFF041 in Seville, together with more than thirty civil society organisations from
around the world. a
oinl slalemenl, calling on govemments to act collectively to reform the
international financial architecture and guarantee the right of all to quality public services,
including education. In October, we signed a Civil socie
collective statement on
ublic
services.
With the objective of strengthening civil society actors. capacity to understand and effectively
use human rights law and mechanisms to advance the realisation of the right to education at
all levels through monitoring* reporting. advocacy and litigation:
In April, we launched a new guide on M
orin
ECCE from a human ri
hts
ective
In May and June 2025, as a GPE EOL Global Learnlng Partner, we facilitated 17 online
Irainin
sessions for EOL Grantees across three language 5tream5'. English, French and
Portuguese on how lo use human rights law and mechanism to strengthen advocacy and
accountsbility. 53 gr8nlees were Irained and the overall appreciation of the training was very
positive.
In May and June, in partnership with the Global Campus of Human Rights, we facilitated 4
trainin
sessions for a group of 10 children and young people hailing. The aim was for them
to learn about. document and lake action regarding the risks, barriers and impacts of climate
change on the right to educab'on. We contributed to the design of the course and lo the
identrficalion of guest speakers for each session and coordinated all sessions. These sessions
are already a success with some participants having already plans lo take action. As part of
this project, they published
Iclures illustrating the issue.
In June, we published a new web
e on Ed cation and Environment.
In July, in partnership with the Global Carnpaign for Education IGCEI, a training session on
monitoring ECCE from a human rights perspective was conducted. The training was attended
by over 60 GCE participants, with more than 900/0 reporting that they found it highly useful and
relevant to their work.
In July, we supported partner organisations in Tanzania and Lesotho lo submit alternative
reports to the Committee on the Rights of the Child, with 8 focus on the right to early childhood
care and education.
Durtng the year, we supported human rights organisattons in Sahel in monitoring the right to
education in conflict-affecled contexts. We facilitated an online training on advocacy, reaching
11 people. We also provided guidance for them lo analyse the collected data at local level and
prepare their advocacy report. As part of this collaboration. we published the policy brief on
Monitorin
the ri
hl lo education in conflicl-affecled conlexls
Ke
hts and strate
recommendations and organised the webinar on 'Documentin
the im
act of atta¢ks on
education,. In September, we went lo Dakar with Amnesty Netherlands and the pathers from
Sahel to share the results of the research they conducted on the impact of the closure of
schools in the region with key actors, including UN agencies, States, and CSOS. The researoh
was very well received and the need for local monitoring was parb"cularly stressed. Linked to
the project, in March, we gave a presentation on the monitoring of the right to education in
conflict zones, in a training organised by Education Above All IEAAI and Sciences po on
education and conflict, reaching around 40-50 refugee students from different countries and
backgrounds.

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
In October. we delivered ¥ short in person training in Paris on the right to education to young
volunteers as part cif a project on children rights organised by Paris City Hall. The training
covered the fundamentals of the right to education and main barriers lo the implementation of
this right. It was allended by 16 volunteers aged 1&24 years old. The volunteeTS are going lo
use the training to Prepare a series of interventions targeting students in primary and
secondary French schools with the aim lo raise awareness to the Convention on the Rights of
the Child.
In November, as part of the KIX EMAP Skills-slren
thenin
Vvorksho
Series, we facilitsled
two-day workshop on Monitorin
thè ri
ht lo education, gathering 88 participants from 8
countries across the Asia Pacific r￿lOn. Designed as a dedicated space for learning and
exchanging experiences, the worksho
combined presentslions with interactive activities,
discussions, and dedicated a&A time.
As GPE EOL Global Learnin
Partner, during the year, we developed a reF)Ort analysing
EOL'S strategic and programmatic docJJments through a human rights lens (to be published in
20261.
We also provided Inputs for the development of a
lementalion of the General Comment 26.
uidance for civil socie
on the

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
FINANCIAL REVIEW
Results for the Financial Year Endgd 31 Dgcembgr 2025
The Privalisalion in Education and Human Rights Consortium, now renamed 8s Public Education and
Human Rights Coalition IPEHRC) project, remained hosted by the Right to Education Initiative IRTEI
throughout 2025. Income and expenditure associated with the project are reported in the financial
statements as restricted income and restricted expenditure.
In 2D25, we were supported by the Amnesty International Netherlands, Oxfam Denmark, Global
Campus on Human Rights and by indivKlual supporters of RTE. It is the generosity of individuals and
organisabons that enables us to realise the right lo education for more learners across the globe.
Total Income for the year 2025 amounted to £265,110. which was signtficantly lower than prior year
2024 income and reSu￿ed in £160,641) deficit, of which £{54.297} relates to restricted funds.
Charities assets are held primarily in cash on deposit which on 31 December 2025 amounted lo
£290,756.
Principle risks and uncertainties faced by RTE is withdrawal of funding and impact it would have on
the Charity. Oijr main aim for 2026 is to fundraise and find new donors to broaden our funding base.
Rosorvgs Policy
RTE 8ims to maintain reserves 8t least equivalent to three months essential operational expenditures.
Reserves are established by either
saving the monoy RTE received for services or
Saving SOTne remaining money from grants - which is not aKvays possibte.
The trustees estimate the amount of reserves ft)r each yeavs budget and review il on a quarterty basis
at their executive board meeting.
Risk Management
RTE truslees established a number of policies and procedures to minimise the risks the charity can be
exposed to. RTE has also developed a detailed Risk Register which includes risk management and
which is discussed and updated al each boaTd meeting.
PLANS FOR FUTURE PERIODS
RTE is facing financial challenges in 2026 if additional funding is not secured. Therefore, the
organisation's main priority is lo increase and diversify its SoUr￿S of income.
We are actively seeking partnerships with other charities and organi5ations to enhance our visibility
and expand funding opportunities. Several potential donors have been identified, and several funding
applications and contracts are currently pending. We remain optimistic that these efforts will
strengthen RTE'S financial sustainability and support the continuation of our work.
In addition lo pursuing grants from traditional donors and funding opportunities for specific projects,
RTE conlinues to explore altemative income-generation opportunitie5. These include individu81
donations, crowdfunding initiatives, lollery funding, and the potential sale of products and Services that
align with the organisation's mission and values. Diversifying income streatns remain5 an ifflportanl
element of strengthening RTE'8 long-lemi financial sustainability and resilience.

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Right to Education Initiative is a Charitable Incorporated Organisalion ICIOI registe￿d in England and
Wales on 19 May 2017 with the charity number 1173115. RTE is governed by its constitution.
Recruitment and appolntment of Members of the Councll
There were no new trustee appointments in 2025. 3 trustees, D. Hashem, D. Archer and A. Taneja
resigneil in May and October 2025 t)oard meeting. There are no immediate plans to apwinl new
trustees.
Organisational Structure
At the beginning of 2025, RTE'S Board comprised 10 trustees, reducing to 7 trustee5 by the end of the
year. The Board met quarterly and was responsible for the strategic direction, governance, and policy
oversight of the charity. Trustees brought a range of professional skills and experience re5evanl to the
charity's work.
The scheme of delegation is in pla￿ and day to day responsibility for the management of RTE'S work
rests with the Executive Director. Director overseas all parts of RTE work including finances and
admin as well as Policy making, overlooking programmes and Communication management. The
director reports directly to board members when needs arise and al board meetings.
staff
In 2025, the Right lo education initiative employed 3 staff member5. Juliana Lima joined the Right lo
Education Initiative in March 2025.
TRUSTEES RESPONSIBILITIES STATEMENT
The Trustees are responsible for preparing the Trustees, report and the financial statements in
accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Twstees to prepare financial
statements for each financial year which give a true and fair view of the stste of affairs of the charity
and of the incoming resources and application of resources of the charity for that period. In preparing
these financial statements, the Trustees are required lo..
select suitable accounting policies and then appty them consistently-
observe the methods and pr￿ncIpleS in the Charities SORP.,
make judgments and accounting estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject lo any
material departures clisclosed and explained in the financial stalemenls.,
prepare the financial statements on the going Goncern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient lo show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the Charity and enable them to ensure that the financial statements comply with the
Charittes Act 2011, the Charity {Accounls af￿ ReFX)rts) Regulalnns 2008 and the provisions of ltte
trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

RIGHT TO EDUCATION INITIATIVE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The Trustees are responsible for the maintenance and integrity of the charity and financial information
included on the chaTity'5 website. Legislation in the United Kingdom governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by tho Board of Trust995 on 24tll Jung 2026 and signed on its behalf by
Ayan Hassan
Treasurer

RIGHT TO EDUCATION INITIATIVE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31
December 2025 which are set out on pages 9 to 15.
Responsibilities and basts of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'the Act,).
I report in respect of my examination of the charity's accounts Ca￿led out under section 145 of the Act
and in carrying out my examination I have followed all the applicable Directions given by the Charity
Comrnission under section 14515}Ibl of the Act.
INDEPENDENT EXAMINER'S STATEMENT
Since the charTty's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the Act. I confirm that l am qualified lo undertake the examination because l am
a membei of the Institute of Chartered Accountants in England and Wales, which is one of the listed
bodies.
I have completed my examination. I confimi that no material matter5 have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting ￿COrdS were not kept in respect of the charity as required by section 130 of the Act-
or
the accounts do not accord with those records", or
the accounts do not ¢omply with the applicable reqL¢irements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considere(l as part
of an independent examination.
I have no concems and have come across no other matter5 in Connection with the exarnination to
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts to be reached.
Kevin Fisher BA FCA CTA
Yo lfjngslon Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
KT6 7AL
24 June 2026

RIGHT TO EDUCATION INITIATIVE
STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating Income 8nd Expenditure Account)
FOR THE YEAR ENDED 31 DECEMBER 2025
Unrestricted
Funds
Restricted
Funds
Total
Funds
2025
Total
Funds
2024
Notes
Income from".
Charitable activities
Investments
Other income
102,053
212
147
162,698
264,751
212
147
380,521
310
2,089
102,412
162,698
265,110
382,920
Expendlture on:
Charitable Activitles
108,756
216,995
325,751
212,459
108,756
216,995
325,751
212,459
Net lexpenditureifincome
16,3441
154.2971
{60.641}
170,461
Net movemènt in funds
16,3441
154.2971
(60,6411
170,461
Reconciliation of funds
Balance brought forward
77.318
214,727
292,045
121.584
Balan¢9 carri9d forward
£70,974
£160,430
£231,404
£292,045
All income and expenditure are derived from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised during the year.
The Notes fom part of these Financial Statements.
10

RIGHT TO EDUCATION INITIATIVE
BALANCE SHEET
AS AT 31 DECEMBER 2025
Notes
2025
2024
Current Assets
Debtors
Cash al bank and in hand
248
290,756
311
346,279
291,004
346.590
Creditors: amounts falling due within
one year
59.600
54.545
231,404
292,045
NET ASSETS
10
£231.404
£292,(145
Represented by:
FUNDS
Unrestricted
Re$tri¢ted
10
70,974
160,430
77,318
214,727
£231,404
£292,045
Approved by the Trustees on 241h June 2026 and signed on their behalf by..
Treasurer
Ayan Hassan
The Notes fomi part of these Financial Stalemenls.
11

RIGHT TO EDUCATION INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
ACCOUNTING POLICIES
al Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance wrth Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities pffparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 issued in October 2019, the Financial Reporting Standard applicable in
the United Kingdom and Republic of Ireland IFRS 102), the Charities Act 2011 and UK
Generally Accepted Accounting Praclice.
The financial statements are prepared on a going concern basis under the historical cost
convention. The financial statements are presented in steding which is the functional
currency of the charity.
The significant accounting policies applied in the preparation of these financial statements
are sel out below. These policies have been consistently applied lo all years presented
unless otherwise stated.
b) Income recognition
Income is included in the Statement of Financial Activities when the charity is entitled to the
income after any performance conditions have been tnet, the amount can be measured
reliably and it is probable that the income will be received.
Grant income is recognised in 8ccord8nce with agreed budge15 and specifted timeframes.
Amounts received but which relate to future reporting periods afft accounted for as
deferred income.
In the case of multi-year grants, the aggregate amount of future
instalments not yet received or accrued and which are subject to satisfactory performance
is disclosed as a contingent asset.
c) Expenditure recognltlon
ExpendÉture is accounted for on an accruals basis and has been classified under headings
that agg￿ate all costs related to the category. Expenditure is recognised where there is a
legal or constructive obligation lo make payments to third parties, il is probable that the
settlement will be required ar¢d the amount of the obligation can be measured reliably.
Expenditure Is included under the heading 'Charitable activities, which includes all costs
directly associated wtth meeting the Charity's objectives and also those ￿$t$ necessary to
support such activitie$.
Irrecoverable VAT is charged as a cost against the asso¢i*d expense heading.
dl Debtors and creditors
Debtors and creditors with no stated interest rate and which are receivable or payable
within one year a￿ recorded at transaction pri￿. Any losses arising from impaimient are
re¢ognised in expendi￿re
e> Funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of
the general objectives of the charity and which have not been designated for other
purF)ose5. Designated funds comprise unrestricted funds that have been set aside by the
trustees for particular purpose. Restricted funds are funds which are lo be used in
accordance with specrfic restrsctions imposed by donors or which have b88n raised by the
charity for particular purposes.
12

RIGHT TO EDUCATION INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
l¢ont
ACCOUNTING POLICIESlcontd..
Pensiony
The charity operates a defined contribution pension stheme open to employees with an
Employer's Contribution fixed al 5.5Yo of gross salary. Employees can volLJnt8rity
contribute lo the scheme al a level decided by them. Employees wishing to opt-out may do
so. The board of trustees has agreed lo allow staff members lo operate an alternatnie
pension scheme to be agreed with the management at a Council meeting. Contributions
payable lo the scheme are charged as an expense in the period lo which they relate.
gl Operatlng Leases
Operating lease payments are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease_
h) Forelgn Currencie
Transactions in foreign currencies are recorded at the rate of exchange ruling at the date of
the transaction. In the case of mulli-year grants re￿IVed in instalmenls, exchange gains
and 1055e5 are calculated by reference to the exchange rate prevailing at the lime the grant
was awarded. Monetary assets and liaLiilities denominated in foreign currencies are
translated al the rale ruling at the balance sheet date. All exchange gain5 and losses are
recognised in the Statement of Financial Activities.
INCOME FROM CHARITABLE ACTIVlnES
Unreslricled
Funds
Restricted
Funds
Total
2025
Total
2024
Grant$ and Contracts
Global Campus of Human Rights
University of Oxford
Foreign Ministry of Portugal
Amnesty International Nethedands
Individual Donor
PEHRC
ActionAid
PEHRC (Hosting)
Oxfam Denmark
6,493
2,813
6,493
2,813
8,696
7,779
11,746
3,771
7,049
279,687
61,793
28,166
1,117
63,464
28,166
1,117
63,464
14.396
148,302
14,396
148,302
£102,053
£162,698
£264,751
£380,521
INVESTMENT INCOME
Bank interest
£212
£Nil
£212
£310
13

RIGHT TO EDUCATION INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Iconl
EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestr¢cted
Funds
Restricted
Funds
Totsl
2025
Tolal
2024
Direct Costs
Salaries, fees and related costs
Foreign exchange lossesllgainsl
Travel and subsistence
PEHRC costs
88,016
4,353
4,535
130,062
1,787
218,078
6,140
4,535
85,146
192,242
1871}
2,304
12,089
85,146
£96,904
£216,995
£313,899
£205.764
Support Costs
Office and administration costs
Website, computer and IT costs
Governants (see note 51
Insurance
Subscriptions
Advertising, printing & deslgn
1,521
3,570
1,980
2,941
1,571
269
1,521
3,570
1,980
2,941
1,571
269
232
1.351
1,890
534
1,315
1,373
11,852
11,852
6,695
£108,756
£216,995
£325,751
£212,459
All expenditure relates to the unrestricted funds.
GOVERNANCE COSTS
2025
2024
Independent examination
£1,980
£1,890
STAFF COSTS
2025
2024
Wages and salaries
Social security
Pension costs (defined contribution schemes)
151,452
29,263
11,610
127,804
19,357
10,046
£192,325
£157,207
The average number of employees in the year was 312024 '. 31. The average number based
on full time equivalents was 2 412024 '. 3}.
1 employee12024'. 11 received total employee benefits (excluding employer ￿nS￿n costs) in
excess of£60,000.
The Trustees were not ￿MUnerated during tho year. No Iruslees were reimbursed any
expenses during the year.
14

RIGHT TO EDUCATION INITIATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
l¢ont
STAFF COSTS l¢ont
The total amount of employee benefits received by key management personnel was £75,010
{2024.. £71,780). Under FRS102. employee benefits include gross salaries, employer's National
Insurance contributions and employer's pension contributions.
NEf INCOME
2025
2024
Net income is staled after chargingllcreditingl..
Independent examination
£1,980
£1,890
DEBTORS
2025
2024
Prepayments
248
311
£248
£311
CREDITORS." Amouftts falling du• wlthln one year
2025
2024
Accruals
Deferred income
Other creditors
3,870
49,434
6,296
3,690
49,434
1,421
£59,600
£54,545
Balance al
1 January
2025
Additions in
the year
Released to
income
Balan￿ at
31 December
2025
Analysis of doferred income
Oxfam Denmark
£49,434
£148,302
£148,302
£49,434
Deferr￿ income relates to grant income received in advance of the next finarlcial year.
15

RIGHT TO EDUCATION INrriATIVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Icont
10. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Funds
Total
2025
Total
2024
Current assets
Current liabilities
130,574
{59,6001
160.430
291,004
{59,6001
346.590
154,545)
As at 31 December 2025
£70,974
£160,430
£231,404
£292,045
11. MOVEMENT IN FUNDS
Balance
1 January
2025
Balance
31 December
2025
Income
Expenditijre
Transfers
Unrestricted funds
77,318
102,412
108,756
70,974
Restricted funds
PEHRC (Hosting
Oxfam Denmark
214,727
14,396
148,302
85,146
131,849
143,977
16,453
214,727
162,698
216,995
160,430
Total Funds
£292,045
£265,110
£325,751
£Nil
£231,404
12. RELATED PARTY TRANSACTIONS
There were no related party transactions in 2025 {2024 .. Nil)
13. TAXATION
The charity is exempl from taxation on income and gains to the extent that these are applied to
ts charitable objects.
14. LIABILITY OF MEMBERS
The charity is constituted as a charitable incorporated organisation. In the event of the charity
being wound up, members have no liability to contribute to its assets and no personal
responsibility lor settling its debts and1iabilities.
16