**Charity Registration No. 1173602** **DIYA EDUCATION FOUNDATION (the "Charity")** **TRUSTEES' REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 30 JUNE 2025** Page 1 ## **DIYA EDUCATION FOUNDATION** |**CONTENTS**|| |---|---| ||**Page**| |**CHARITY INFORMATION**|**3**| |**TRUSTEES' REPORT**|**4 - 5**| |**INDEPENDENT EXAMINER REPORT**|**6**| |**STATEMENT OF FINANCIAL ACTIVITIES**|**7**| |**STATEMENT OF FINANCIAL POSITION**|**8**| |**NOTES OF THE ACCOUNTS**|**9**| Page 2 ## **DIYA EDUCATION FOUNDATION** ## **CHARITY INFORMATION** ## **Trustees Current** ## **Appointed** SANA AHMED 1 January 2016 NOORUR RAHMAN ABID 1 January 2014 FAROUK IQBAL CHAUDHARY 7 February 2019 WASEEM SADIQUE 1 January 2016 HAMZA SALMAN ABID 7 February 2019 NASEEM SADIQUE 1 August 2025 **Charity number** 1173602 ## **Registered office** 7 St. Christophers Court, Lower Road, Chorleywood, Rickmansworth, Hertfordshire WD3 5JZ Page 3 ## **DIYA EDUCATION FOUNDATION** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 30 JUNE 2025** The trustees present their report and financial statements for the year ended 30 June 2025. ## **Objectives:** The advancement of education among underprivileged students in Pakistan by supporting DIYA Pakistan, an NGO registered in Pakistan by such means as are exclusively charitable in accordance with the laws of England and Wales including but not limited to awarding scholarships, maintenance allowances or any other financial assistance to students studying in primary or secondary schools, colleges, institutions of higher or further education, vocational institutes or universities. ## **Governing Document:** The charity is controlled by its governing document and constitutes a charitable incorporated organization (CIO) by the Charites Act 2006 ## **Activities and performance during the Period:** The attached financial statements reflect the financial performance of the charity during the year. Donations received were transferred to Diya Pakistan to meet the charitable objectives. How our organisation stipulates how the funds should be used by DIYA Pakistan: - Diya Education Foundation will ask Diya Pakistan to provide a report on the areas where the funds are required. Diya Education Foundation will also be involved in local research to gather the information where funds are required for - Diya Education Foundation will scrutinise the information for eligibility criteria, standard operating procedures, control mechanism and monitoring methodology being exercised by Diya Pakistan. - After evaluating the report the trustees will decide to release the funds to Diya Pakistan. Diya Pakistan will receive the funds in different stages based on the completion of project. This is to ensure that Diya Education Foundation is fully involved in the project and the reporting would be requested at each stage before any further funds are released. - Diya Education Foundation will continuously monitor the process and would also be involved in direct supervision to ensure the funds are being utilised for objectives they have been remitted for. - Diya Pakistan will also be responsible to provide the completion report for the funds received and then utilised in Pakistan for the objectives confirmed by Diya Education Foundation. Page 4 **DIYA EDUCATION FOUNDATION** ## **TRUSTEES' REPORT (continued)** ## **FOR THE YEAR ENDED 30 JUNE 2025** ## **Grants** Diya Education Foundation will have an independent grant evaluation criteria based on the following principles: i) Eligibility of Beneficiaries / Impact Analysis ii) Policies and procedures iii) Equal Opportunity / No Discrimination Policy iv) Continuous Monitoring Mechanism ## **Continuous Monitoring Mechanism** In addition, Diya Education Foundation will deploy a multi-pronged continuous mechanism whereby the activities of Diya Pakistan would - i) Field visits and direct feedback ii)Quarterly management reports iii) External audit reports iv) Internal audit reports - v) Attendence in Diya Pakistan's Board meetings On behalf of the board of trustees' 16 April 2026 Naseem Sadique Waseem Sadique Treasurer Trustee **----- Start of picture text -----**
Noor Ur Rahman Abid
Trustee
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Page 5 Iswenta l•%l•i Cmt P•rfl••d Tetr. +447181•92911 'IM JrF INDEPENt*NT EXAMINER REIKIRT TO THE TRUSTEES, OF DIYA EDUCATK)N FOUNDATION FOR THE YEAR ENDED 30JUNE 2025 We rwrton the attOUntsfor￿ YtarèTrJpd 3(TrJw* 2025 54t P3ge5 7tD 9. The thanry's trustees are Tespcwble tr* yeparatson cl tr* The ctrty's tsijstees consthi an al￿￿t ￿ nor required fof thi5 year Iwder 1421 of tr* charts5 Act 20111tt* 2011 Attll èrdl an independEnt exarninats)n ￿ requir It is my re5ponybilty to-. ¥aminé the xcounts under Secith 145 01 2011 Att to fdhyw the yocethres lattl in the Gewdl Oirecbons given by tr* Charrty carnrnss￿n (under SettMM L451Sllbl of the 2011 Attl., and to stste whet par￿lIar matters hove cow*to nry attents My examinatron was carried in aCCQfdance the General Directity￿ gryen by tt* Charity cornm￿$1￿. An exarninaDon inclth a revw of the accounDfig rec￿d5 keo by the charry and a Compari￿n of the cLwnts presented wrth th￿e rKorits. R 0150 includes consthraDon of any unusual iteffl5 or di5ckt5ure5 in the aicounts, aThJ 5eeknng wlanaticffl5 frDrn yau as trustee5 concerning any s￿h matt&T5. Thp wocedures undèrtaken do not pr￿je èll evIdè￿Q that *ouk1 té rnquired •) •) aud¢ consequèrtty no o￿n￿n is given as to whether ihe accoJnts wesenr a hir fft, the rep)rt ￿ limrted to those maners Set out in ihe 5taiements tekJw. connettion wth my examination, no matrer ha5 CQTreto my Ille￿n.. ill Yknich gwes mé ￿asonab￿ tause to that, ￿ any mitènal resr*rt, thè rewrements to keep Kcouniir% reccrfds m xcNd3nce Sectim tso c4 the 20111tt; ar￿ to wepare w￿h tcrfd with Kcwnlir¥ rKord5 to with ￿ accwnvni requw?n*nts 2011 Att hm not MÈL" c 121 lo thKh. in my cpIn￿n, èttents)n ￿U￿j be orts io enable a pyuper Lr¥JerX¥￿lry ol tt twnts to LY reach8d. Mr5. fvlehreen thalid thrertor Swerna IFA Merntership ￿269191 lfj Awl 2016 Page 6 ## **DIYA EDUCATION FOUNDATION** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 30 JUNE 2025** |**Income and Endowments**
Donations - (Unrestricted funds)
Profit on Investment
**Total incoming resources**
**Resources expended**
Pakistan education projects
**Total resources expended**
**Surplus / (Loss) funds for the year and carried forward**|**30-Jun-25**
**30-Jun-24**
**£**
**£**
61,152
37,645
3,080
-| |---|---| ||**64,232**
**37,645**| ||26,000
30,000| ||**26,000**
**30,000**| ||| ||**38,232**
**7,645**| Page 7 ## **DIYA EDUCATION FOUNDATION** ## **STATEMENT OF FINANCIAL POSITION** |**AS AT 30 JUNE 2025**
Cash in hand
Investment (Waqf)
Accrued Profit on Investment
**Net assets**
**Reserves**
Unrestricted Funds
Restricted Funds (Waqf)
**Total funds**|**30-Jun-25**
**30-Jun-24**
8,348
93,196
120,000
-
3,080
-| |---|---| ||**131,428**
**93,196**| ||11,428
93,196
120,000
-| ||**131,428**
**93,196**| Page 8 **DIYA EDUCATION FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **AS AT 30 JUNE 2025** ## **1. Reporting entity** Diya Education Foundation (the "Charity") is a registered charity and operates from 7 St. Christophers Court, Lower Road, Chorleywood, Rickmansworth, Hertfordshire, WD3 5JZ. The charity was incorporated on 28 June 2017. ## **2. Basis of preparation** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 01 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. These financial statements are presented in Pound Sterling, which is the Charity's functional currency. Except as otherwise indicated, financial information presented has been rounded to the nearest pound sterling. ## **3. Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds and it is probable that the income will be received and the amount can be measured reliably. Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objective of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ## **4. Investment** The investment is held as an endowment (Waqf), subject to restrictions whereby the principal must be maintained in perpetuity and only share of profit derived from may be expanded. ## **5. Tax** The charity is exempt from tax on its charitable activities. ## **6. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits or expenses paid for the year ended 30 June 2025. Page 9