2024-01-31-accounts

REGISTERED COMPANY liUMBER: CE011473 (England and Wales) REGISTERED CHARITY NUMBER: 1174968 R¢Trtbrt of the YTUStees IIDd Audited Financial Statements for the Year Ende41 JI Jinuary 2024 for Turkey Mouik Found*lioTh (A Complny Limlted by Guarnntee) Alton & Co Chartered Accountants & Statutory Auditors 239-241 Kennington LJn¢ London SEII SQU

Turkey Mo7aik Foundatio Contents of the Flttattelal Statements ror the y￿r ended 31 JAMUary 2024 Page Reference And AdminlJtr•tlve Detai Report of the Trnstees 2 to 6 Report of tbe Independent Auditors 7 to 10 Stal¢menl of Flnnell Aetlvltles BalHnce Sli¢et 12 Cash Flow Statement 13 Notes to the Cmh Flow Stalernent 14 Notes to the FlnanelAI Sttemtnl$ 15 10 21 Detalled Statement of Flnan¢ll Aclfvltl

Turkey Moz4ik Foundation Relerence and Administrative Detai for tb¢ year ended 31 January 2024 TRUSTEKS Mrs N Atslay TnLStee Mr E S Tohltmcu Trustee Ms l G UTganci Trustee Mr Y l Kurtaran Trustee. Chainnan M5 0 TO￿ Trt￿ee REGisfERED OFFICE 239-241 Kennington Lane ndon SEII SQU REGISTERED COMPANY NUMBER CEOI1473 (Engiond and Wdes) REGISTF,RED CHARITY r4UMBER 1174968 AUDITORS Alton &Co Chartered Accountants & Siaiulory Auditors 239-241 Kenningion Lane London SEI 15QU BANKER Naiwest Bank Page I

Turkey Mor￿[k Ft¥undatio Report of the Trustees ror the year eThded 31 January 21124 The trtjstees who are also directors of the charity for ihe purw)ses of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees liave adopted the provisions of Accounting and Reporting by Charities: Statement of R￿0￿[￿ended Practice applicable to charities preparing their accounts in accordance with the Financid Reporting Standard &pplicable in the UK and R¢publÈe of Ireland {FRS 102) (effective l Janw 2019). owEcrivES AND ACTIVITIFS ObjectlV¢S And &imy To relieve the charitable neeils of disadvantage0￿ grOur￿ in Turkey by providing funds and gronts to I￿al ¢harities and oiher organisations who relief such needs. Signific*nl actlvlties The devaststing earthquake5 of February 6. 2023. which impACted over I I Provinces In Turkey. shaped the prioriti¢$ of Turkey Mozaik Foundation for this accounting year. Mosi wiivilies and 8Tants focused on supporting relief efforts and aiding Survivors in th¢ AITeded regions. Earthquake Emergency Reli¢f Fund.. Wiiliin lioiirs of the tragedy, Tiirkey Mozlik Foll￿18110￿ launched thc Kal)rarnai)maixs Eailliqiiake Ein¢rg¢n¢y Relief Fund. aecompanied by a fuTrJTai5ing c4mpaign to address ur8ent needs. This Cainpaign attracted significant attention, wilh ¢overoge on the BBC News, SkyNews, radio shows, and various websiies. The Trustees engaged in both online and in-￿I50n panels and conferences, Intr￿u¢ln8 our fund and showcasing the impa¢iful work of our grantee Through thls fund, Turkey Mozaik Foundation provided targelea grants addressing ur8enl. mid. and long-temi needs, posiliv¢ly impa¢iing over 720,CK>O lives in the affected regions. The grants supported a wide range of initiatives, including.. o Provision of food, water, shelter, hygiene products. and ¢sseniial supplies. o Psych050cial support for survivors. o Rebuildin8 livelihoods in affected communilies. o Creating safe spaces for women and child￿n and preventing g¢nd¢r-bawJ Viole￿e, o Support for acces5 to education and healih¢8re services. o Envir(>nmental Jrsloralion in atTected Areas. o Support for vulnerable groups such as people wilh disabilitie5. migrani& aThl Jrfugee o CApacity-building for I{￿ chaTities to enhan¢¢ iheir impact. Publlc benetit In setting out the objectives and planning the activilie4 the ThLsiees have given careful consideration, to complyin8 Wlth the duty in Seciion 17 of the Charities Act 2011. This report ouilines how our achievements during the year have benefited the public. either dire¢tly or indi￿CtlY. Page 2

Turkey M(ky&lk Fo￿ndatIO Report of tbe Truste for the ytar ended 31 J*nuary 2024 STRATEGIC REPORT Achievement performanee Chai'ltable activities Since its ineeption. Turkey Mozaik FOU￿tatIOn'S strategy has been to grow the donor base and to fund more projects that support ihe disadvantaged gr0￿pS in Turkiye. The activities and th¢ ￿lated reporting in the fijst five years have built a strong reputatton in the cotnmunity &8 a reliable and trdnsparent pl&tform. The previoiis fundraising campaigns including emergency relief campoign5 after Elazig and Izmir earthquakes ond the wildfires of the Summer 2021 had demonstrated Turkey Mozaik Foundation's Capability as B grant-making organisation that supp)rts thos¢ in urgent need in an eificienl manner. As an outwme. the emergency relief CaEnpaign launched within hou￿ of the devastating earthqugkes of Feb 6, 2023 was ¢IMbixeed by the wider community as a reliable way to supwrt ihe rescue efforts and ihe survivors of tl)e e4rthquak¢. Thanks to ihe ouipour of support from the wider internalional community, coverage on news plaifomis and the personal and prof¢ssional networks of Turkey Mozaik Foundation 5UPPQrteis, earthqtjake ¢8inpaign attrdcled donations from over 20,000 individual and corporate donors as well a5 Otl)er cliarily organi5ation5. Turkey Mozaik Foundation team, in partnership with lo¢al partner Support Foundation for Civil Society (Sivil Toplum icin Destek Vakfi) worked hBrd lo provide 8rants in an efficient manner. The l¢am denioiislrftted how they directed the fund5 and ￿￿li10r1Y reported back to the donor base 01) tlic projecls and the organisotions supported. The social media channels and the c4mpaigi1 page urrtlaled followers frequently with infomialion from partners. The tearn m¢mb¢rs We￿ busy enabling the community with ways to support the campaign by providing information on how to fundroise. Examples include providing QR codes, becoming members to corporate giving and employee matching platfonns. liaising with ¢orpornie grant mgkers.TLirkish Mozaik Foundation provide th¢ plaifomi for grants to be sent from the UK lo the ¢hariil¢s working on issu¢5 r¢l¥ted lo ehildren,women,arts and culture,emergen¢y relief and similar issues. Page 3

Turkey Mouik FouDdation Report ofthe Trus¢¢ for the year ended 31 January 2024 srRATEGIC REPORT Aehievement and perfornianee Fundralslng aetivlties Turk¢y M(Fzaik Foundation's community came together and OTganised many fundraising events in 5UPPOrt the eanhquake relief campaign. From QR codes in cafés to bake•sales to mobili5ing ￿rpOrate philanthropy networks, Turkey Mozaik Foundation b￿arne a platfomj of solidarity. Some highlights from the evei)Is were.. o March 2023.. A concert in London feaiuring Mor ve Otesi. a famous Turkish band whi¢h represented Turkey in the 2008 Eurovision Song Contest. o April 2023.. A concert at th¢ Roykl Albert Hall, hosted by Communion Music Sounds of Solidarity, feaiiiring perfomiances by artists like Hozi¢r, D¢mioi Kennedy. ond James Bay. and appearan¢￿ by Olivia Colman, Gugu Mbatha-Raw, and Omid Djalili. o June 2023: An international ¢onf¢r¢nee and fuThJraiser named Cradle of Food at Old Billingsgate, ¢elebrnting the ¢ulinary heritage of the affected region5 and featuring a Collolx)rnlion Lunch by renowned chefs. Advocacy and AwaT¢n¢ss'. o May 2023.. TLirkcy Mozaik FouDdatioJi eo-hosted the UK premie￿ of t1￿ docuvienlttry My N8me Is Happy in partnership wlih Channel 4, spotlighting Mutlu Kaya, a gend¢r-b&sed violence survivor and advocate for women's empowemenl. o July 2023: The fifth Siudy Trip w&5 held in lsianbul, providing donors and our team wilh opportuniile8 10 engage directly with civil society experts and grantees. deepening iheir und¢rswiding of Turkiye's pressing issues and our irnpact. o SepteM￿r 2023.. Tut*ey Mozaik Foundaiion organised a gathering to share updates on the EArthquake Emergency Relief Fund and its a¢hi¢v¢m¢nts with ourdonors and SUPFQrters. Thanks ¢0 the SUPEK>rt of our community and many events ihai were owised to support our work, we were able to raise GBP 4,241709 and distributed GBP 2,861.1(K) primarily for the Kahramfjnmaras Eartliquake Emerg¢n¢y Fund. Fulur¢ plAn8 Turkey Mozaik Foundation will eontinue to grow the donor base and sUPlX>rt more 8rnntees that work lo help disadvantaged groups in Turkey. W¢ will aim to engage moTe with corporations and other grant giving charities to leverage more on ihe philonthropic Infi￿ruCtu￿ of both UK and international organisations. MAJOR CHANGES The￿ 8re no major changes in the op¢rali¢)n and objectives of the charity. STRUCTURE, GOVERNANCE AND MANAGEMENr

Turkey Moz•ik Report of ibe Trustees ror the year ended 31 January 2024 STRUCTURE, GOVERNANCE AND MANAGKMENT Reerultment and appointment of llew tru5tee5 As set in the Articles of Association the tTUStees aTe apwinteil for a leTm of two yeats by a resolution passed at a pi'operly convened meeting of the charitys trttste￿. Trustees can be re+elected after their tern) e￿1$. In s¢l¢cting individuals for appointment as the chariWs In￿t￿ the charTtys tn]stees must have regard to the skills, knowledge and experience needed for the effective adminisir8lion of the Charity.The meinbers of the charily shall be its trustees for the time bein& The only persons ¢ligibl¢ lo be members of the charity are ils harity's tru5t¢e5. MembeTship of the charity canrrtit be iransfenrd to anyone else. Any m¢mb¢r and ¢harity trustee who ceases to be a charity truslee automatically Ce￿ to be a m¢mlxr of the charity. OrgAntsAtlonal structure lThe 'board of trll5tees' agrees on overall ￿rnte&V> F￿]1¢10 financial conduct. and 51affing ro4uir¢m¢nts for the ch&rity. The trustees ar¢ ￿ponSIble for ensuring the implementation of their decisions and oveTall poli¢les. Trusteess of the charity may also tske part in shaping any policy-making activity by passii)g re501utions at Ihe Annual General Meeting. Responsibility for operations, payments and m8n&g¢iMen¢ malters have been dclegaled lo the two tnisiees. This is mai)aged wiihin a clcarly uiidcrstood frainew0￿ of straiegic eoniiY)l. The Board of Trustees is involved in dei¢mining ¢OTpornle strate￿, including setting key Strategic objectives and iargels. and mgking major decisions involving the use of financial and other resoure¢s. Tlie trustees can delegate T¢sponsibility for specified maners to individual trustee5 or cominittees of the board. All actions are discussed and rtcorded in written minutes ihat are shared with the full board of truste¢$. Trusiees hold regular meetings on¢¢ a month and extra meding$ ar¢ held in between when necessary to r¢Ylew strate￿. polieyl Bnd perforn)ance. to set the managwnent plans. Additlonal $ub-¢ommittees are fomied for each proje¢1 io $up¢rvise and provide guidance for further developmenL srATEMENT OF TRUSTEES, RESPONSIBILITIES The ii'ustees (who are also ihe direclots of Turkey Mozaik Foundotlon for the purposes of company law) are responsible for preparing lh¢ Report of the Trustees and the financial statements iii accordance wlth applicable law and United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accounting Pra¢ticel. Coinpany law requires the twslees to prepare finan¢i81 statements for each finAncial yeAT which give a true and fair view of the state of affaits of the charitable company and of ihe inwming resources ènd 8pplicBtioi) of resources, including Ihe in¢om¢ ond ex￿nditU]E, of tlK charitable company for tliat period. In pr¢pw'ing those financial Statemen￿ the trustees are required to select SLlltable accoun¢ing policies and then apply them consistently• observe the methods and principles in the Charity SORP. make judg¢rnents and estimates that are re&8onable and prudent: state whether applicable a¢￿untIng standards have been followe￿ subjecl to any material depailures disclosed and explained in the financial statements; prepare the financial staiemenis on the going concem tosis unless it is inappropriate lo presume that the ch&rilable company will wntinu¢ Sn b￿lne￿. The tru51ee5 are responsible for keeping proper ￿OUnting record5 whi¢h disclose with reasoiiable accuracy at any time the financial Ex>sition of ihe charitable company and to enable them lo ensure that the financial statements comply with the Compani&s Act 2006. They are also reS￿nSIble for safeguarding the assets of the charitable Company and hence for tsking rea50nabl¢ steps for the prevention and detection of fraud and other irregularities. Page 5

Turkey Mozaik Report of the Trustees for the year ellded 31 January 2024 STATEMENT OF TRusfEES' RESPONSIBILITIES- cijntinved In so f&r &s the trustees are aware.. tliere is no relevant audit infomiation of which the dwitable wnplny's auditors are unawa￿. and the trustees have taken all steps that they ought to have taken to make them5elv¢s hware of any relevant audit informaiion and to establish that ihe auditors ar¢ aware of that infonnation. AUDITORS The auditors, Alton & Co. will be propos¢d for re-apwjintment at the forthcoming Annual GeJKrnl Meeting. Report of the tTU5tees. in¢orporaiing A stszte8ic Yeport. approved by ord¢r of the board of trustees, as the company direetors, on 2911112024 and signed on the board's behalf by.. Mrs N Atal8y- Trustee Page 6

Report orthe Independent Auditors to the Member5 of Turke), Mozaik Foulldat&on Oplnlon We have audited the financial ￿ateMentS of Turkey Mozaik Foundation (Ihe 'chwithble company,) for the year ended 31 JanuAry 2024 which comprise the Stoiemenl of Fin8neiAI Activities. the Balance Slieet, the Cash Flow Statement and notes to the financial sthiements, inclwiiTrg a summary of significajit a¢countiiig policies. The financial reporting framework that has been applied in their PTeparalion is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling Pracliee). In ouropinion th¢ financial statements: give a true and fair view of ihe slate of the charitsble company's affai]s as at 31 January 2024 And of its incoining resources and applicalion of resources including its income and C￿nditu￿, for the year theii have been prowly prepared in accordance with United Kingdom Genernlly Accepted A¢coun¢ing Practi¢¢' and have been prepared in a¢¢ordAnco with the requirement5 of the Compani&s Act 2006. BASIS for oplnlon We ¢ondLtet¢d our audit in accordance wilh Intemalional Standards on Auditing (UK) {ISAs (UK)) and opplicable law. OUT Tesponsibiliiies under ih05e 5tsndards ar¢ furth¢r described in the Auditors, r¢sponsibiliiies for the audit of the finon¢i41 statements section of our report. We are independent of the charitable company in aecord8nce with ihe ethical requir¢m¢n¢s that are ￿levant to our audit (Trf lh¢ financial slareinents in the UK, in¢liiding The FRCS Fthical Standard, and we have fiilfilled oiir otlier ¢il)ical re5ponsibililies in aecordance wilh these requir¢menis. We believe that the audit evidenc¢ we have obtained is sufficient and appropAale to provide a basis for ouropinion. Coneluglon5 relRtlng lo golng concern In oudiiing the financial statemenls. we have Conc[￿Jed that the tru51tts' we of the going concem basis of accounting in th¢ pr¢par81ioft of the financial stalernents is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to event5 or conditions that. individually or eolleclively, may c&st signifi¢snl doubt on the charitable cornpany's abillty to continue &8 8 80ing con¢em for 4 ￿riod of at le&st twelve months from when the financial 5talem¢nts Are authorised for issue. Our responsibilities and the responsibllilies of the trustces with re5pe¢l io golng cow are descriEtd in the relevant section5 of ihis r¢port. Other Informatlon The tn15tees are responsible for ihe thh¢r inforniation. The dher infomaiion eomprises the infomiation included in the Annual Report, other ihan the financial statements and our R¢port of the Independent Auditors the￿n. Our opinion on the financial statements does nol wyer the other infomiation and. ¢xc¢pl to the extent olheiTrvise explicitly stateil in our re]x)rt. we do not eXp￿$S any form of &%suratJce conclusion theTry)n. In connection with our audit of the financial stat¢rn¢nts, our r&%ponsibility is to read ihe other ii)forinalion and, in doing so. co1￿1der whether the other infomiation is materially inconsistenl with the financial statem¢nts or our knowledge obtained in the audit or ￿herWiSe appeaT5 lo be materially misstated. If we identify such rnaterial inconsistencie5 or apparent rnaterial mi&8latements. we are r¢quired io detemiine whether this giv¢5 rise to a material misstatement in th¢ financi81 statements themselves. If, based on the work we have performed, we ¢on¢lude that the￿ is a material mi551atement of this other lnfomialio￿ we we required to re￿rt that facl. We have nothing to in this regard. Audit was not requir¢d1&8t year. Page 7

Report olthe Independent Auditors to the Members of Turke}. Mozalk Foundation Opinions ort othtr mAtters prescribed by the CompaDies Aet 211(16 In our opinion, bas¢d on the work undertaken in the course of the audil.. the infomiation given in th¢ Reptsrt of the Trustees for the financia] ye4r for which the financial statetnents are prepared is consistent with the financial sthtements. and the Rewrt of the Trustees h&% been prepared in accordance with 8pplic4ble legal Jrqui￿ment$. Matters on whlch w¢ aT¢ required to report by exceptlon In the light of the knowledge and understanding of the charttable company and its environment obtained in the course of th¢ a￿111. we have noi identified material mi55t8t¢m¢nts in Ihe Report of the Trustees. W¢ have nothing lo report in respect of the following matters ihe Companies Act 2006 requires us lo rewrt to you if, in our opinion: 8dequate accounting reconls hav¢ not been kept or returns adequa* for our audit have not been rtteived from branch¢5 not visited by us. or the financial statements ar¢ nol in ag￿eMent with the arxounling rewTds and returns. or Certain diselosures of trustees, remuneration S￿]ried by law are not made,. or we have not received all ihe infom1￿10rt aThJ explanations we require for our audit. Responslbllltles of trustees As explaI￿ed Inorc fiilly in the Statemeni of TA￿tee$, Re%ponsibilities, tl)e tr1151ee5 (who gtre gtlso the directors of the chari1obl¢ ¢oinpany for the Pu￿$ of company law) ore responsible for the preparation of th¢ financial statemenis and for ￿Ing satisfi¢d iht ihey give a true and fair Yiew, ai)d for such internal Control &s the irusiees detemiine is necessary to enable the pr¢paralion of financial stateinents that are free from material misstatement, wheiher due to fraud or error. In preparing the financial s¢alement& the trusteey are re4K)nsible for &&S￿ing the charitable comparty's ability to continue as a going ¢oncem, di￿lOSin& &8 applicable. matters related to goii)g ¢on¢ern and usin8 the going concern basis of accounting unles5 the iw$tees either intend to liquidate the charitable ¢ompany or to cease operations, or have no wlistic alternalive bul to do 50.

Report of the Independent Auditors to the Member5 of Turkey Mozaik Foundatio Our responsibilities for the audit of tbe financial st*ttmeThts Our objectives are to obtain reasonable &SSUTanee abotti wheiher the financial stat¢m¢n15 as 8 whole are free from materi#l misslaiemen( whether due to fraud or error, and 10 issue a Report of ihe ]nd¢peT￿ent Auditors that includes our opinion. R¢8sonable assurance is a high level of assuranee, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Mis5tat¢m¢nts can arise from fraud or error and ar¢ considered maierial if, individually or in the ag￿egate, Ihey could reasonably eX￿¢ted to influence the economic decision5 of users 18ken on ihe ba515 of these fin8ncial statements. The extent to which our prcKedures ore capable of detecting t￿egularItIeS in¢luding fraud is detailed below.. We obtained an Undustar￿[rtg of the legal and regulatory framework that are opplicable to the charity and deiermined that the most significant are th GDPR regulation, money laundering T¢gulaiion and anti bribery regulations. We understand how the company 15 complying wiih those regulations by Inaking enquiries of management and key peTSonel- we also reviewed correspondence fil¢s. We identified areas of laws and regulations that could reasonably be expecteil to have a material effect on the financial 51at¢m¢nls using our general commercial and s¢clor experience. through discussion with the dir¢¢lors And other management (85 required by auditing standards) and from inspeelion of the company's regulatory and legal correspondeiice. We discussed with the Iwslees and other management the w>li¢i¢s and procedures regarding ¢oit)pliance witlI IAWS and Irgiilation5. We Communicated iknse idenlificd laws and regulalions Ihroiighout oui. teain and reinained alert io any indications of non-compli8n¢e ihroughoul the audit. Auditing standayds limil the requireil Audit prcthlurts to identify non-comp11a￿e with ihe5e laws and regulations to enquiry of the directors and oiher monog¢ment and inspection of regulatory and legal Correspondence, If any. Thn)ugh ihese pYocedure4 we did noi b￿rne awwe of actual or su$pecied non-¢oinpliance. Owin8 to the inherent lirnitaiions of an audit, there is an unavoidable risk that we may not have detected some rnalerial missiatements in the financial $1oiemenis, even though we have properly planned and performed OUT audit in accordance with auditing $14ndards. For example. the further removed non-compliance with laws and regul8ti0rn8 (irregularities) is from the event5 and lrnnsaetions reflected in the financial slat¢ments, the less likely the inherently limited ￿￿edU￿ required by auditing standards would identify it. In ￿ld1110n, &8 wiih any audit, the￿ remained a higher risk of non4letection of irregularities. as these may involve collusion. forgery, inlention81 omission& misTepresentation5, or the override of intemol controls. W¢ ar¢ not responsible for preventing nowmpliance and cannot be expected lo detect non-eompli&nce with all laws and re8uIAiions. A further de%rlption of our responsibilities for the audit of the financial stalements is located on tl)¢ Financial Reporting Council'5 website at wWw.frC.o￿uk1audIloTsrgsp0n$iblliIi¢s. This description form5 part of our Report of the Independent A￿lItors. Page 9

Report of the Independent Audltors to the Member5 of Turkey Mozaik Foundation Use of our report This report is made solely to the charitable company's ls a l￿dy, in accordance with Chapter 3 of Part 16 of the Compani&% Act 2006. Our audit work has trten undertaken so that we might slate to the charitable Company's members th05¢ matters we are required to state to them in an allditots, report and for no other purpose. To the fullest extent p¢rmitr¢d by law. we do not accept or assume Tespon5ibility to anyone other than the charitable company and ihe charithble companys m¢M￿rn &$ a body for our audit WOTL for this report, or for the opinions we have fortned. Altan Kemal FC nior Statutory Auditor) for and on behalf of Alton & Co Chartered Accountants & Siatulory Auditors 239-241 Kennlngion Lane London SEI15QU Dote.. zQZ Page 10

Turkey Mwuik FoMnd8tion Statement of Financi*l Activities for the ye8r ended 31 JA 2024 2024 Total funds 2023 Tot81 funds Unresiricted funds Restricied futkts Notes INCOME AND ENDOWMENTS FROM Donations and legacies 369,719 3,811.660 4.181,379 179,105 Other trading activitie5 Investment income 7.153 13,318 40.859 48,012 13,318 14,375 TotAI 390.190 3,852.519 4,242.709 193.480 XPENDITURE ON Raising fvnds 15.754 43,420 59.174 40.104 Ch4rllgble 4¢1fv111es Charitable activitie5 21,S(J) 2.839,600 2.861.IIM) 152,095 Other 4.309 4,309 Total 41,563 2,883.tr20 2.924,583 192,199 NET INCOME Tr4rt$fer# between funds 348,627 807,792 969,499 {807.792) ,318,126 1.281 14 N¢1 mov¢ment In fund8 1,156.419 161,707 1.318.126 1,281 RECONCILIATION OF FUNDS Total funds brought forward 52,590 52,590 51,309 TOTAL FUNDS CARRIED FORWARD 1,209,009 161.707 1.370,716 52,590 The notes fomi part of these finat]cial siatements

Turkey Mo72ik Found#titin BalaDce Sheet 31 JAnuary 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds fuThls Notes CURRENT ASSETS Cash at bank 1.213J18 161,707 1,375,025 52.59) CREDITORS Amounis falling due within year 13 (4J09) (4.309) NET CURRENT ASSETS 1.209.W) 161,707 1,370,716 52,590 TOTAL ASSETS LESS CURREiYr LIABILITIES 1209.009 161,707 1.370,716 52.590 NFT A,8SETS 1.209.(K)9 161,707 1,370,716 52,590 FUNDS Unr¢5tri¢led fund$ Restricted fund5 14 1209.(M)9 161,707 52.590 TOTAL Fuf4DS 1,370,716 52,590 The financial statements were approved by th¢ Board of Thjstees and auihorised for issue on 2911112024.. and were si8n¢d on its behalf by: Mr Y l Kurtar8n- Trustee Mr3 N Atalay- Trl The notes forn part of these financial slatements Page 12

Turkey Moz4ik Fouttdatlon Cash Flow Statement for the year ettdtd 31 J4nuAry 2024 2024 2023 N￿e5 Cash tlows from operatlng activities Cash generated from 0￿rationS 1.309,117 1.281 Net ¢a5h provided by orrtrBting activities 1.309,117 1.281 Cash floM¥ from Inyesling Aclivilks Interest received 13,318 Net c4sh provided by investing activiti 13.318 ChRnge In ¢oJh e*sh equlYaleDtJ In th¢ r¢portlng perlod CA15h lind ensli cquii'alents xt the beglnnlng of the reportln8 perlod 1.322.435 1,281 52.590 51,309 Cash And eash equfvalents ¥¢ the end of the reportlng period 1.375.025 52.590 The notes fonrj Imrt of these finan¢ial statetnents Page 13

Turkey MozAik Found2tioD Not£s to the Cash Trlow Statement for the year ended 31 J#nuary 2024 RECONCILIATION OF f4ET INCOME TO NET CASH Flnw FROM OPERATING AcrrviTIES 2024 2023 Nel income for the reportlng period (85 tbe StA¢emen¢ of Financial Actlvltles) Adjustmettts for: Interest received Increase in credito 1.318.126 1.281 (13,318) 4,309 Net f8sh provlded by operallons 1,309,117 1.281 ANALYSIS OF CHANGES IN NET FUNDS At 112r23 Cash flow Ai 3111124 Net cHsli Cosh at bank 52,590 1.322,435 1,375,025 52,590 1.322,435 1.375,025 Total 52,590 1.322.435 1,37S,025 The notes form part of these financial sUements Page 14

Turkey Mozaik Foundation Notes to the Financial St&t¢ments ror the year ended 31 2024 ACCOUNTING POLICIES Basis of preparing tbe Ilnanclal sttements The financial 5tatetnents of the chariiable company, which is a public benefit entity uJid¢r FRS 102, have been prepared in accordan¢e with Chariiies SORP (FRS 1021 'Accounting aiid Reporting by Charilies.. Statement of Recommended Pra¢ti¢e applicable io eharities Preparing their aceounls in accordance with the Financial Reporting S￿rtdard appli¢abl¢ in th¢ UK 8nd Republic of Ireland (FRS 102) (eff¢¢tive l January 2019),. Financia] Reporting Standard 102 'The Finan¢ial R¢porting Standard applicable in th¢ UK and Republic of Ireland, and ihe Companies Act 2006. The fiiian¢ial slat¢inents have been prepored under ihe higtori¢al eost convenlion. IDfome All income 15 recognis¢d in the Statement of FinaN¢ial Aclivilies once the cl)arity has entitlement lo the funds, il 15 probable that the income will be received and the amount can be Ineasured ￿lIablY. Expendlture Liabilities are Te¢ognised aq expenditure as soon Is there is a legal OT constructlve obligation committing the charity to that eX￿nditure, it is probable ihat a transfer of ¢¢onomic benefits will be Irqiiired in settleii)ent and ihc ainouni of the obligatioii cai) be Ineasurcd reliably. Fxpeiiditure is accounted for on an A¢¢nwls basis and has been Classifi￿ under headin8S that aggregate all ¢osl related to the category. Where costs ¢annoi ￿ directly attributed to particular headings they have been all￿aled to a¢liviiies on a basis consislenl with the of ￿sOurces. Grants offered subject lo condition5 which have Th)t been met al the year end date are noted as a commitmen¢ but not #¢¢rued as expenditure. Tfixatlon The charity is exempt from corpiNalion lax on its charitable activities. Fund ge¢ountlng Unreslricled funds can be used in accordanc¢ with th¢ charithble objeeiives at the di￿re110n of the trustees. Restricted furKls can only be used for particular r¢strid￿ PUryM)ses within the object5 of the ¢harity, Restrictions arise when specified by the donor or when funds are rai1 for particular restricled purpose5. Further explanation of the nalur¢ and puryx)se of each fund is inclutsl In the notes to the financial statements. Page IS continued...

Turkey Mozaik Foundatio Notes to tILe Flnaneial St•ttmethts- contillu for the y¢8r ¢nded 31 Jattu#ry 2024 DONATIONS AND LECACIES 2024 2023 Donations 4,181.379 179,105 OTHER TRADING ACTIVITIES 2024 2023 Other Irnding Activities 48,012 14.375 INVESTMENT INCOME 2024 2023 Deposii aceount interest 13.318 RAISING FUNDS RAtslng doThfitlons ind k8#eles 2024 2023 Fundraising event5 Postage and siaiionery Advertising & Markding IT & Intemel expenses Bank charges 7.281 178 550 5.134 46.031 36.722 1.334 525 715 808 59,1?4 40,104 CHARITABLE ACTIVITILS COSTS Grnnl funding of (ye¢ note 7) Charllable activities 2,861,1(X) Pag¢ 16 continued...

Twrkey MozAik Foundation Note5 to the FiD8n¢ial Statements- ￿ntinUed for the year ended 31 January 2024 GRAf+rrs PAYABLE 2024 2023 Charitable activiti¢5 2,861,IL 152,095 The total grants paid to institutioM during the year w*$ follows.. 2024 2023 Grants 2,861,1( 123,250 SUPPORT COSTS Govemance co$1$ other resources exp¢nded 4,309 NET INCOMEI(EXPENDITURE) Nel incomel(expenditur¢) 1$ slated after chargin￿{Crediti￿￿). 2024 2023 Auditors, remuneration Auditors, Jrmunerdtion for non a￿￿]1 wo 3.709 600 10. TRUSTEES, REMUNEtL4TION AND BENEFITS Th¢re were no tNslees' remunerntion or oiher t￿nefIts for the year ended 31 January 2024 nor for the year ended 31 January 2023. Trustees expen There wer¢ no t￿￿te£S, paid for the year ended 31 January 2024 nor for the year ended 31 January 2023. Page 17 continued...

Turkey MoyAlk Foundatio Notes to tbe Finartelal Statements- CO￿tInUed for the year ended 31 Janwmry 2024 11. STAFF COSTS The av¢rage monthly nun11￿ of employ￿8 during the year w&8 &$ follows: 2024 2023 No employees received ¢moluments in ex¢¢ss of £60.CKM). 12. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL AcfrviTIES Unre5tri¢i¢d Restricted funds runds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 114.228 64.877 179,105 Other tradlnga¢tivities 14,375 14.375 Totnl 128,603 64.877 193,480 EXPENDITURE ON Raising fiinds 40,104 40.104 Chfirllablc 4ctlvltleJ Charitable 8clivilies 87,218 64,877 152,095 Tot#1 127,322 64.877 192,199 NET INCOME 1.281 1,281 RECONCILIATION OF FUNDS Total funds brought forward 51.309 51.309 TOTAL FUNDS CARRIED FORWARD 52.5Y) 52,590 Page 18 eontinued...

T￿rkeY M07Aik Found*tio Note5 to the Finan¢i81 StatemeDts- corttimued ror the year ettded 31 J8nuary 2024 13. CREDITORS: AMOUNTS FALLING DUE W￿HllN ONE YKAR 2024 2023 Accru¢d expenses 4.309 14. MOVEMENT IN FUNDS Net movement in funds Transfe between funds At 3111124 Ai Ir2f23 Unrejlrleted funds General fund 52,5 348.627 807,792 1.209,009 Rtltrlcted fundx Don&lions 969.499 (807,792) 161.707 TOTAL FUNDS 52,590 1.318,126 1.370,716 Nel movement in funds, inc1L￿ed In ihe above are ￿ follows: Incomin8 Resources urw expended Movement in funds Unrejlrlcted fundj General fund 390,190 (41,563) 348,627 Re8trlcted fund8 Donations 3,852.519 (2.883,020) 969.499 TOTAL FUNDS 4,242,709 {2,924,S83) 1,318.126 Comparitlves for movement In fund5 Net movement in funds Al 3111f23 Al It2J22 Unrestrleted funds General fund 51.309 1.281 52.590 TOTAL FUNDS 51,309 1.281 52,590 Page 19 continued...

Turkey MoL#lk FoMnd¥tion Notes to the IfiD8Dci#I St*tements- eottllnued for the year ended 31 JgDUAry 2024 14. MOVEMENT IN FUNDS- continued Comparative net movement in fvnds. included in ihe above are a5 follows: Incoming Resources re50urces expend¢d Movement in funds Unrestricted funds General fund 128.603 (127.322) 1,281 Rulrl£t¢d funds Donaiions 64.877 (64.877) TOTAL FUNDS 193.480 (192,199) 1.281 A currenl year 12 months and prioryear12 monthg combined p)Siiion is as follows.. Transfers between funds Net mov¢men¢ in funds At 3111r24 At If2r22 Unreytrleted thnds General fund 51J09 349,908 807.792 1,209.009 Restrlcted funds Dona¢ions 969.499 (807,792) 161,707 TOTAL FUNDS 51J09 1.319.407 1,370,716 A current year 12 months and prior year 12 monttK8 combined ne¢ movement in fund4 Includ￿ In th¢ above are as follows: Incoming Resour resources expended Movement in funds Unrestrleled funds General fuJKi 518.793 {168.885) 349.9)8 Re8trleted fuDds Donations 3,917.396 (2,947.897) 969,499 TOTAL FUNDS 4,436,189 (3.116.782) 1.319,407 Page 20 eontinued...

Turkey Moy4ik Found*tlon Note5 to the FinaTh¢i81 StMttmethts- coDtiDued for the year ended 31 January 2024 15. RELATED PARTY DISCLOSURES There were no related party transacti{M￿ forthe year eJxl¢d 31 January 2024. Page 21

Turkey M07th1k Foundatio Detailed Stalement of Financial Activltles ror tbe year Mded 31 ￿￿D￿ry 2024 2024 2023 INCOME AND ENDOWMENTS Donation5 and legeles D01121ions 4.181,379 179,105 Other tradlng ficlivitle5 Othei. trading activities 48.012 14.375 Investment Incorne D¢posil account interest 13,318 Total Incomlttg rejourtt 4.242,709 193.480 EXPENDITURE R#lytiig donatlons 4nd legaeles Fundraising events P05108e and stationery Advert15ing & Marketing IT & Internet expenses Bonk char8es 7.281 178 550 5.134 46,031 36.722 ,334 525 715 S9.174 40,104 ChRrltAble aetlvllles Gran15 Grants admln costs 2,861,ILN) 123,250 28.84S 2.861,1 152.095 Support c¢)sls Governance co8t8 Auditors, remuneratlon Auditols, remuneration for non audit Work 3.709 4,309 Total resource5 expended 2,924,583 192,199 Net incom 1.318,126 1,281 This page does not fomi part of the statutory finarKial statements Page 22