2025-01-31-accounts

REGTSTERED COMPANY NUMBER: CEO 11473 (England and Wales) REGISTERED CHARITY NUMBER; 1174968 Report of tlie Trustees and Ullaudited fiillancial S'tatemenl5 tor the Year Ended 31 Januaiy 2025 for TurkLy MoL4lk Foundation (A Coihpany Linifted by Guai'antee) Alton & Co ch￿'tCrca ALlA)UnL￿tS 239-241 Ke]ll]i1￿011 LAiie London SEII .SQU

Turkey Mfjzalk FTriindation Conteiits ol, the Financial Skntemeiils foi. tbe >ear ended 31 JAnuAry 202$ Page Reference and AdrnillistrAtive Details Repoi't of tlle Trustees Independent E.¥aminer's Repoi't Statement of Financial Actlvllles BalanLe Slieet Nfites to the Financfial Statements 10 10 1.5 DetAlled Statement of FlnuMclRI Activltles 16

Turkey M￿Z￿lk Foundation Reference Admlnlstrative Details for the yeAr ended 31 January 2025 TRUSTEES MTS N Atalay Trustcc MTS E S Tohuincii Tiustee Ms I G Urganci Trustee Mr Y T Kiirtar8n Tnistee - Cliaiim)an M8 O Tabag TrI￿tee REGTSTLRED OFFICE 239-241 Kenningion Lane London SEI15QU REGISTERED COMPANY NUMBER CBn 11473 (England and Wales) REICISTCRED CHARITY NUT*lBER 11749C) INDEPENDII NT EXAMINER Alton & Co Chartered Accuullldnts" 239-241 Kttillillllrtoll Lalle London SEI15QU BANKER NatW¢&t Bank Page I

Turkey Mozaik Foundatiun Repoi't of the Triistees foi. the yeai. ended 31 January 202£ The tru.%tees who are also director.8 of the charity for the piityoses of tlie Coi7)panies Act 2006. pre.%ent their rq)ort ivith tli¢ financial stat¢m¢nts of tlie chai'ity for th¢ y¢ar ended 31 January 2025. '1'he trustees have adoptcd thc piDvision8 of Accoulllit]g and Rcporfing by Chaiitic8'. StatctnL'lll of RccollllncndLd Practicc applicable lo charities prepaiillg their accounts in accoidance with tlie finaiicial Repoitillg Standaid dpplicabEe ill ihe IJK Lind Republic of Ir¢l¢ind (FRS 102) (¢ff¢ctive l Jaiiiiilry 2019). OBJECTIVFS AND ACTIN'ITllI S ObjeeÉiTros and aiins To I'elieike tlie chai'itable needs of disadvantageous groups in Turkey by pmviding funds and grants to local charities and otlier organisation8 who iEIA¢f such needs. si￿1]rIcant activities In 2023, tlic previous accounting yeai., &ll of Turl<ey Moznik Foundation's actiiiities and grants Iiad focussed on supporting relief effoi'ts and aidirtg survivors tolloviing tlie devastating earthquakes of February 6., 2023, Ivhicli impacted oilcr I I provillccs in Tui'lciyc. W¥ had i'aiscd ovci 4 illillioll GBP and cau'jcd ova. pait of thL fi￿d5 to 2024 to addrcb-s Eollgeikntern] needs. IM 2024, we provided this additional support and grants to charities working specifically on region<il re¢oiie ¢tfoit4 on Tssues relilted to gender equality, cliildren's rights, youlli inclusion, thrts and culture. Tlies¢ grants Aui)ported a wide rallge of illitiatives, inLluding o PsychosoLial and mental hultb sllppoi't t"oi' cliildren, youth an(I t"amilies o ReL)uildingF livelihoodb" in affected Loilununiiie o Creating safe spaccs for women and childien and prevenling g¢nder-based wolencc. o Supporting art and culture activities ÉOT comniunity resilience o Capucity-building for local cliarities to enliance th¢ir impact. 1 2024, w¢ Teillstated ovi. progratmnatic grdJ]t makiiig beyoiid ¢niei¥eiicy i'eli¢f support, includink: for hildr¢n'b rI￿t￿, gend¢r ¢qil4ility, culture and <lrts, in5titution¢il siippuit. Two fiiitb¢r Icey ￿'e¢l& of llt)te are ¢nviroiim¢ntal conservation in cooperation Ivith Conservation Collertive's. Tiiiqiioise Coast Environinent Fuiid And 8 new, Animal Rights flind to additss aniin&l welfare ¢hall¢nges in Tiirkiye. Ill 2024, Ive also laimched a llew video sei'ies capuiriiig the liansformative efforts ot our ￿'allteeS, bringing their llnpactfiiL woik io life. Our social media coiitellt reached ov¢i' 400K people acius& various platforms, s.1￿}1r[CAntIY bioadelling oiir audience while highlighting the powerful coiitributioÈis of oill donoi's and the impactfiil work of our grantee partners. Public benefit sctting oiit the obj¢ctives and planning the actiArities, the Tnistees have given carefiil considerdtion, to compl)iing with the duty iii Sectioii 17 of tlie Chai'itics Act 2011. Tliis report outlines how our achievemenls during tl)e }year Iiave benefiied tlie publiv, ¢itliei- dii'ectly oi. indirectly. Puge 2

Turkey Mozaik Foundatio Repoi't of the Tr115tees foi. the yeai. ended.31 Januai'y 202$ ACHtEVElVtENTS AND PERFORMANCE Choritablo activities Sin¢¢ its iDceptioii, Tui'key MuLiilc FoutLd¢LtIOll'S bfiJlegy h¥lS been to OJL)w the dvnor b¢ise {￿d to fund more proj¢cts that support the disadvantaged groiips in Tiirkiye. Th¢ activities and the related ttporting in the first fjve years h￿1 already biiilt a sti'ong i'eputation in the coinmunity as a reliable and trdnspaient plarfonn, Ivhich giEW 8ignifictsntly following Turlcey Iwozaik Foundation's timely aiid efficient IE.8poll.se to tlie Kalll'ainanDiaras Earthquak¢ in 2023. Tn 2024. Turkey M07aik Foundation distt'ibute.d GBP 1,26.1.720 10 ILS grant piDgramm¢s, of iyhich GBP 899. 950 were gr<lnts for 31 neNv pi-ojects and 5 iiew core 8UPPOIt activities. and the ￿nIaining were for pi'ojects that weir ¢omniitt¢d in the pr¢vious accounting yeai., Most of tlies¢ grants ivere distt'ibut¢d via a sei'ies of OPL'n calls tOT proposals lkn'ough a loJiTr t￿.1￿ p￿inc1shlp ivith oiu. local illtcrmcdLc1ry par￿cl. Sivil Toplutn icin Dcstek Vakfi (Support Foundatioii for Liiryl Society). Main charitable activities inbluded: Witliin Kaliraihanmard,. Eaitliquak¢ Emergency Relietr Flind (Regional Recow¢ry Support Pi'ogi'ani Tt). Ive eiraluiqted 105 appliLatiot18 and proi7ided ovei. GBP 500,000 iii gi'anLq to I I cliaritie8 lithin Institutional Fund in partne￿hIp wilh Dalyan Stiftuiig froin SiTriizerlalld, Ive evaluated 163 applicatioiis alld provided ovei. GBP 45,000 iii gi.￿￿ts to 4 clwities. These charÉties wfflr suppth'ted witb core tiinds as ivell as nientOTsbip. -Witliin C'iilture & Arts FunLt we evaluated 155 applications and provided over GBP 45,000 in grunts to 3 cl)ariti¢s. - Within our ChildrL'n'% Fund and thu nciv Aninial Rights Fimd, IVL proiiAdLd ovcr LrBP 30,000 clleh iii ￿n￿LS. Turkvy Mozaik Foiilld(itIOll teanL lll Pdl'tllVAship ivith oiir Iociil p￿'t￿er, worked h<lld to providc ¥L"ant% in ali efficient manner. The team deinon8trated how they diiect¢d the fiinds ajid regularly reported back lo the donor base on the projects and the organisatioiis supported. Tlie %o¢ial rnedia chRnn¢ls and neivslett¢TS upd&ted folloiv&3 fiequently MFith inforniatioii froin parlner8.

Tuvkey Mdblalk F4>undation Repoi't of the Triistees foi. the yeai. ended 31 Janiiary 2025 ACHICI VEMEI NTS AND PCRFORM.INCE Fiindrjising. awai'elless rising #lld communily building aetivities Tiirk¢y Mozaik Foundation eveiits highlights include: Febivary 2024.- Turkey Mozaik Fouiidatioli lio.%ied an onlii)e di8CU.S.%iOII c2bout the cui'i-eiit situaiioii aftei. (Q year in the eaithqLiake regioll with spealceis Gul E4rdost (Woinen's C.o&litioii), Ula? Bayraktar (KidtULh&llc), alld Dr .llan .. ZGI (kn'giiideii G0V￿￿￿1Ce Acadeiny). March 9024: Turk¢y Mozailc Foundation hosted Ihe play "Sevgili ATS?z Olum - Dirmit" {Deai' Sham¢less Deatli), adapted and performed by Nczal<et Erden. based on LAtife Tekin's monumental iiovel, with following pan¢] discussion with Nezalcct Ei'deii, Senioi- (i¢ndor Consultant Sinem Hun eyplotring geiidei. cquality tbLnics. Jilly 2024: The sixth Study Tiip was held iii I￿t￿lbUl, biingiing togrtlicr ￿tee p￿ts1¢rS alld civil society experts. fosterillg dyIiamic dibCUtsSiOllS ￿[d collaboi~dtiire ledniiiig. Septeinber 2024: Turk¢y Mozaik Foundation Anniial Dinner at Battersea Arts Centt'e, teaturing pertoi￿1anceS by Ece Da'.'Istan, Jamal Aliyev, and Can Ai-: soy, ¢¢lebrating the collectiv¢ iinpact of our etyoi'ts. We also participated ill various evaits" oi'Lv8llised by partners. For exa]Dple, ill M￿th 2024 we participated ill a s¢ai'ch conference iti Istanbul, organised by local pa￿er Support Foundation for Civil Socivty, bringing togetlier expci1s. civil society actors, and st¢ikeholdei8 to cxplore strategies for increasin¥ Lollvctive ii)Ipact ajid strengthening grassi'oots 01-tsanisations. In May 2024 ive I'epresented WOW Istanbul at the Wolncii of tliL ¥ITorld WOW Alanchc.%tL'i' Fc%tii'al, 8bai.ing a bootli wAtli joutnaLigt Duygu Dcmii'da,, who% doL.umcntrary highlightcd thr i'¢silienLe of ivonicn Ill Hdtay dftci. thc c￿11]9￿akeS. Tiirk¢y Mozaik Foijndation's siipi)oiter.s also orgaiiised other fiindraiqing and comm(Inity bLiilding events. Some highlights include an auction to siipport oui work, a music festival as a creative tneans for coniinunity building, nnd team p￿ticipation alld fundraising iii spoits event8. Thallks to ouy wJJmunity aiid ll]aiiy ¢veiits that were OiLyaiused to support our ivorL lire raised GBP 328,476 in 2024. FUTURE PLANS Turkey Mozaik Foulldatioll will colltiiiue to I￿01V the donor base alld tswpport moir LTh]t¢es that work to help disadNii2ntaged ￿￿Up$ ill Turl(iye. We Ivill ailn to engage more ivith corporatioiis and othei grant giving charities lo leverage inore on tlie pliilanthi-opic iiifrasts'ucttire of both UK and inteniatioiial oi'ganisatioiis. and to invest in and div¢rsify oui. prograinine dev¢lopnierJt by pooling oiii. IEsources with various illdividu&ls, institutions and local parlllcrs. MAJOR CHANCCI S Their are no major cbaiiges iii the op¢ratiOll aiid objectiies of the chaiity. STRUCI'URE, COVERNANCE AND MAN.4CEMENT A neiv lvorlung name Tn 2074, 'furkey Mozaik Foundatiot) added a "worlcing name": Tiirkiye Mozaik Foundation" The otyicial num¢ of ih¢ cl)aritJ' rcinains us Turkey Mozaik f4oundation, witli tlie woi'kiiig iianie "Turkiy¢ Mozaik Foundation" to be used iii oui. L'ommunitiations dlle to an offiLial naiiie cliange ot"Turkey Lo Tiii'kiye. Page 4

Turkey Muzaik Foundation Repoi't of the Triistees foi the yeai" ellded.31 Jgniiaiy 202$ S'TRUCfURE,COVERNANCE AND IIIAN.4CEMEINT Re¢ruitment and appointn]eiit of truslees As set in the Articles of Association the ITUSteeq are appointed for a temi of tivo )iears by a resoliition passed at a propei'ly convened meetiiig of tlie cliai'ity's kn'ustees. TJ'ust¢cs ¢Nn be i'e-elccted after tlieir tcrni ciids. Jn selecting individiuds for appoiiitsiieiit as the cli￿7ty'S knistee, the charitys ttustees niust have reg￿￿ to the ski115, knowledLwc ¢iiid experieiice llLcdcd foi. the effectivc admiiiists?tioii of th¢ Chority. Thc inLJ]IbeL%' of the charity shall be itb Ii'u%te¢s for the time b¢ing. The oiily peiBons ¢ligible lo bc metnbeiE of the charity. aye its charity's truslees, Meinbership of tlie ehat'ity cannot be tranqferred to anyone e18e. An), member and cl)ai'ity trnstce who ceases to be a oliarity trustee automatically L¢ases to be a member of tlie cliai-ity. Based on and lli accordaiice with the Guidance on "PayiThg a trLiStee oi a collnected PaEon for pi'oviding goods oi seivices to the Gh(llity" of the Ch￿￿tY Coinmission t'or Elig1￿￿ (uid W¢il¢s, the Boaid of Tiiistee5 decided to coinpensate tl)e financial loss ot. one of the TYugte¢s, due to the additional services and working liours tlie Tiiistee allocated to thc Foundation. Tlle Tnjstee has developed and is ftow leading tl)e implenienlation of the Foundation's nei47 divei'tr*itluation .2nd relatioiiql)ip niaiiagenient strategy widi cui-l'ent and new illstittitioiial and iudividual doiioi's alld all stakeholders also includinTr grantees alld parthers. In 2024, the Ti￿stee ivas coinpeilbated undu. a coiisultancy agreemeiit. OrgnDi5alional structui'e The ￿02rd ot t￿￿'re¢s, agrees on oileiall sts'aL¢gy, policies, t-￿AnCial conduct, and slatim¥y ieqiiircments toi. th¢ Ch￿'ity. The ttustees are rcSpO￿ib1e for cnsuriiig the impleinentatio]i of their deLibiOllb and overall policies. T￿￿t¢¢S of the charity rnay also take p￿t in sliapiiig ony policsF.making activity by passing iesolutions at the AnniTrl G¢n¢ral Mccting. Rcsponsibility foi" opcrations, paymcnts and mallagcmcnt mattcLS h&vc bcc delegat¢d to tlic two ttiislccs. This is malla￿¢d wifhin a clcai'ly iijideistood framework of stt'at¢gi¢ coll1L￿1. Th¢ Bv<ird of TiLEbtees ib invulved in deteiiniiiing curporute slrdtegy, incliidiu¥ ¥etting Ic¢y strat6¥i¢ objectives and targets, and making major decisions ii)volving th¢ iise of financial and other re8oiir¢es. The trnstees can delegate re,%poI￿lbLlity toi. .specified Jnatters to indiiiidual tilL8tee$ oi" conitnittees of the board. A]l actions are discussed and recoided iij written n]iniit¢S that al'e shared ivith thc tull board of lluste6S. Trust¢¢s hold regiilar me¢tin8s once a montli and extra Ineetings are li¢ld in between ii,lien necessary to Itvicw stiategy, policy, and perfonT)&nce, to set the rnanagement plans. Addirional sub-Lotnmittees are foTmcd tor cach projcct lo supcrvisc and piovidc guidajicc toi tiuthci dL"vclopmcnt. This i'epDrt I￿5. been piep¢wed ill dccorddnce with the special provisioib of PJrt 15 of the Comp￿￿1]85 Act 2006 relating to small coinpanies. Tlii% i'eport Ilas been prepared in 8LL'ordance witli the Special proiriqioiix of Part 15 of the Coiiipanie8 Act 2006 itlalii)g to sinall companies. Approved by order of the board of ts'uslees ott... . and gigned on its behaEt by: N Atalay- Tr￿Stee Pu¥e 5

IMdep¥ndent Eiaininer's Repoi't to the Trustees of Tui'lie.y Mozaik FDiiiidatlDn llldependent examiner's iepoit to the. tr115tees of Tllrkev Mozaik Foiindation (tthe Company,) I r¢poit to th¢ charity trust¢¢s oll iny exaniinatioii of the accoiiiits of tb¢ Conipany for tbe yeai end¢d 31 Janiiary 2025. Responsibilitie5 and b*lSiS of report As the ch￿Ity'S trustees of th¢ Compally (aiid also its dkiectors for th¢ piwposcs of cffliipwiy laiy) yoii responsible for the prepai'ation of the accouiits iii ￿cOrdanCe with the K¢qiiii'emellts of the Conipanies Aot 2006 Ctl)e 2006 Act,). Having 8Liti8ficd my.sclf tII2L t tlic accounl8 of Ilic c.ompany arc iiot rcquircd to bc auditcd undcr Part 16 of thc 2006 .4Gt and ￿'C cliLrible for llidcpclldeni eX￿1]inatIO1], I repoit in i'espcct of my exainination of yow" Ghaiitys i￿c￿lInts <lS Cli￿led oiit undei. Sectioii 145 of the C'haritic.% Act 2011 Cthe 2011 Act,). In ¢(￿y1]¥ Out y cxainination T hq4 ve folloived tlie DilECtions given by Ihe C'harity Cominission undei. Section 145(5) (b) ot thc 2011 Act, Illdependent examiner's statement Since your charity's gross income exceeded £250,OOD yovr exaininer must be a member of a listed body. T Clin confiirn that l am qualified to undertlc Ice tlie exiiniini?tion becL2use l <im a membei- ot tlie Institute of CliarteiEd AccouiitanL8 in Entrland and Wale8, wIIiLli 1% one of ￿7# ligted bodie%. I have completed iny eX￿ni￿atiO1l. I co1￿1￿7 that llo I]￿tterS have come to my attfflitioll ill coillieotioii with the examination giving me cause to believe: accounting rccords ivere not k¢pt in I'espect of the Company as requfrrcd by Section 386 ot. tlie 2006 the ￿cOl￿t5 do not aLLoid willi i'ecoidb". Dr th¢ aCLounts do not Lorni)ly iiryth th¢ <iLLountingr irquitemeiitb of Srctioii .396 of thr 200() ALt othcr than any requireinent that the accoiints give a triie and fair view ivhich 1% not a mattei. considered as part of an independent exainination; or the accounts have not been prepared iii accordance ii'ith the niethods ￿]d Prillciples of tlie Statement of RccoJ]micndcd Prarticc tor accoullting aiid rcporting by oharitics (applicablc to c]MitlCS PLrparing tkn¢ir accfflints ill arcordance witkL th¢ Fil￿ncIal Rcportiiig Standard applicable in the UK aiid R¢piibli¢ of Ii'eland (FRS 102)). I liavo no concaTJs and hav¢ conie across iio odier mtjtters in connection with tli¢ examination to ivhich atlc'nlion should bc drawn in thi4 icpoil ill OA'dcr to cnablc a piN)pcr undCT.Sl￿d1llg ot thc acLC)UlltS to bc reached. Mi. A Kemal FCA FCCA 'rhL hL8Litutc of ChartcrLd AccountanL8 in Eng1s￿d and WalLq Altoii & Co Chartered Accoui)tants' 239-241 Kennington Lan¢ LL)ndon SEII SQU Date.. Pu¥e 6

Turkey MozAik Foiindation stmteiiiellt of Financlftl Actlvlties foi. the yeftl" ended 31 Janiiary 202 2025 Total funds 2024 Total Unrestricted funds Restricted funds Notcs INCOIVIE AND ENDOIITrIENfs FRO￿ Donations and legacies 109,975 140,603 250,578 4,181,379 OthLr trnding aLtivi11&8 Jniiestnient income 49,398 11,322 17.178 48,012 I I,322 Total 170,695 157,781 32%,47C 4,242,709 EXPENDrruRE ON Rai8ing tunds 110,643 110,643 59,174 Chai'ltthble activities C;l)uritAble activities 178,051 1,085,669 1,263,720 2,861,100 Other 500 500 4,309 Total 289,194 1,085,669 1,374,86J 2,924,583 NET INCOIVtEI(EXPEND￿uRE) Transfers between funds (118,499) (766,181) (927,888) (1,046,387) 766.181 1,318,126 Net movement In ft'iinds (Ill14,6110) (161,707) (1,046,387) 1.3111,126 RECONCILIATION OF FUF4DS Total fiinds broiight forward 1,209,009 161,707 ,370.716 52,590 TOTAL FUNDS CARRIED EORWARD 324.-129 -124,329 1,370,716 Th¢ llotes foiin pait of Ihc8o flliaiicial stat¢Jnonls Pnge 7

Turkey Mnzaik Foiindation Bg18nce Sheet 31 JAnuary 2024 2025 Total funds 2024 Total fun(L8 Unrestricted Restricted funds fuiids NutL'.S CURRE,NT ASSEIS Cash at bank. 324,829 324,829 1,37.S,025 CREDrroRS Ainounts falling di1¢ within one y¢ai- (500) (500) (4,309) LNET CURRENT ASSETS 324,329 324,329 1,370,716 TOTAL ASSETS LESS CURRENT LIABILITtES 324,329 324,329 1,370,716 NEIT ASSEI TS 324,329 324,329 1,370,716 FUNDS Unrebtr£Ltea fLllids' Rcstric.ted fui)ds 124,329 1,209,009 161,707 TOTAL FUTr4J)S 324,329 I,q70,716 The charitsble coinpany is entitled to exeinptioii from audit und¢r Section 477 of the Companics Act 2006 t'or ihe year ended 31 January 2025. The In￿nbeL5 I￿[¢ not required the Com[1￿]Y to obtaill au audit of its fiiiaucial stat¢meiits foi. the year ¢llded 31 JaniTary 2025 in accoixlance with Sectloll 476 of the Cornpanies Act 2006.. The tnJ8tees acknowledge tlieir I'esponsibilities for (a) C￿Su11￿s that thc chai'itablc Lonipaoy IcLCP.s accounting rccor(L$ that con]ply ivith Section.$ 386 cind 387 of the Companics Act 2006 and (b) pirpaiw]g fftiaiicidl èytrdtcmcllts which give {￿d fair view of the sthte of aff'dirb of the ch(IITt<ibl6 coinpany as at the end of each financial year and ol" its sU￿]uS or delicit foi. each linartcial year in accordance ivith the i'equirements of Sections 394 and 395 and ivliicli otlienvise Loniply iyitli Ui requiiLnieiits of the Companies ALt 2006 relating to financial statemeiits, 80 fai- as applicable to tlie charitublL conipany. Thc notes form part of these financial statements Page 8 continiied.,.

Turkey M(Trzaik Foiindation Balftllce Sheet- contlnued 11 Januairy 2025 Thes¢ financial statements have beeAi pr4}￿'¢d in accoLdance with the pi'ovisions applieable to ch￿'itable ¢oniiianies siibject Éo the small comk)anies regiine. Thc finan ial sliitcfflcnLs WCIL llppruilcd by thc BLldrd of Trn8lLL'8 Iciid authoii%Ld for issuc on 2.751.i.ILfj . aiid wei-e signed on its behalf by: . Y l L(Eiiknaii- TnJst¢e Mrs N Atalay- Trustee The not¢s foiTll pait of thes¢ financial stat¢maits Page 9

Turkey Muzaik Foundation Note,5 to tlle Flnanclal Statements foi" the yeai. ellded 31 January 2025 ACCOUNTtNG POLICTES Basis fjfpreparillg tli¢ fthancial statements The financial statements of the cliai'ilable company, Ivhich is a piiblic benefit entity Linder FRS 102. hav¢ beeii prepared in accoi"dance with the C.haritics SORP (FRS 102) 'Accounting and Reporting by CliaTitie%.' St(itement of Ilecon]nieiided Practice applicable to cliarities preparing tlieir account8 in accorilance with the Fiiiancial Reporting Staiidard applicable in the UK aiid R¢piiblic of Iieland (FRS 102} (¢ffective I Saiiiiaiy 2019),, Fillaiic.ial RcportiiiLY St￿]dard 102 'The Fin￿1ClaI R¢poiliiiL, StaiidaTd applicabl¢ in the UK and Republic of Tt-cland, and the Companies Act 2006. The financial statemenls have been pi'epared ui)dei' the historical cost convention. Jn¢(bme All income is rccognised in the Statement of Financial Activities once the charity has entitlement to the funds, It is probable tl)at the inconie ivill be receivcd and the Rmount can be measured I'e.liably. Expendilllre Liabilities are reLognised as expenditure as soon ag tliere is a legal or Lonstructive obligatTOII coini)iitting the cliarity to that expeiiditui'e, it is pi'obablc that & transfer of economic benefits ivijll be reqiiired in settlenient and tlie amount of Il)e obligation Udn be meL2SUI'ed iEliably. ExpendifLife 18 aLLountLd for on ati aLL￿￿LS basis and has bLLll classifiLd Ulldcr hcaditLgs that aggLcgatL all Lost Irlated to the category. Wliere costs Co￿10t be dll'ectly attributed to p￿tiCUla1 lieadillgs they have been allocated to activities on a basis consistent with the use of irsoufces. Grants olietEd gubje¢t to conditions wliicl) Iiave not becii met at tlie y￿r end dats are noted as a conllnttsnLnt but not ucLrllcd LxpcndiftuL'. Tfixation The charity is exernpt frorn corporation tax oil its charitable activities. Fiind ftccoiinting Unrestrictcd funds can be Lised in accordance ivith th¢ Charitable obje¢tive8 at the discretion of the stees. Rcstticted fiwds can oiily be used for partia)lor restiicted piiiposes Th1th1￿ thc objects of the charlty, RestsiGti011S ¢WiS¢ ivhcn spccificd by the. doiioi ur when fiinds ¢lT¢ fdiscd fur P<lrticul¢ll re&tricted pU￿oses. Further explanation of the tiatui'e <2nd pui-po.8e of eaLh ￿nd is incLuded in the note8 to che finq?ncial slatements. Pd¥e 10 cuntllliied..

Turkey mo2￿1k Fuundation Notes to the Fillajicial St9teJnents- cojitiniied fol. the yeai. ended 31 J8nuary 2025 OTHER TRADING ACTI￿TtEs 2025 2024 Other tradinL* aclivitics 48,012 INVESTME( NT ITrICOM 2025 2024 Dbposit account interest ,322 13,318 NEI T TNCOlVtE/IEXPENDITURE) Nel income/(expenditui'e) is stated after Lliarging/(¢rediting): 2025 2024 AuditOlE' reimiiner(ItTon Auditors, remuneration foi. non audit work 3,709 600 500 TRUSTCI [1 Sl REMUNERATION AND BENEI Frrs Mr Yon]k Kw'Lir¢]n Iw4 bLL'lI I'L'munLL"afcd [£20,000] ll[￿¢r a cunsultancy ugr¢rmL'nt, tOL' rbL additi()￿1 eiiqces and tini¢ allocated to the Foundation as described in Trust¢e'S Teport, foi" th¢ year ended 31 Janu<lly 2025. There were no trustees, reinuneration or otlier ben¢fits for the y¢ur ended 31 January ?024. Triistees, expenses Ther¢ were no ti'l￿tees, expenses paid for the year endd 31 Janiiary 2025 nor for the year ended 31 Januaiy 2024. STAFF COSTS The avei?ge monthly numbei. of eniploye&s dui.ing the yecir ￿,$ follows: 202.5 2024 No employees iEceiiFed emoluinents in excess of £60,000. Pcige I I cimtilliied...

Turkey m￿za]￿ Foundation Notes to the Finaii¢lal State]nents- contlniied foi. the yeai. ended .11 JaThuary 202$ COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITILS Unre8tricted Restiieted ftllids funds Total hiiids INCOME AND ENDOWMEIYTS FROM Donation% aiid legacies 369.719 3,811,660 4,181,379 OthpA tt'adiiiLF actllritics Investment income 7,153 1.3,318 40,859 48,012 13,318 Total 390,190 1,8.52,519 4,242,709 XPEN])ITURE ON Raising funds 15,7.54 43,420 59,174 CharitAble activities CharitablL activitLLS 21,500 2,839,600 2,861,100 Oth 4,309 Total 41,563 2,883,020 2,924,583 NET INCOME Transfers behveen funds -348,627 1107,792 969,499 (807,792) .318,126 Net movement in funds 1,156,419 161,707 1,-318,126 RECONCILIATION OF FUNDS Total funds bi"ought fonvard 52,590 52,590 TOTAL FUNDS CARRIED FORWARD 1,209,009 161,707 1,170,716 <ige 12 untinued...

Turkey Muzaik Foundation Notes to tlie Fiuaiicial StateJnents- conilniied foi. the yeaR' ellded .3A JaThuar.I 2025 CREDITORS: AMouf+rrs FALLINC DUE ONE YEAR 2025 2024 Acciii¢d expei]s¢s 500 MOVEMCI NT rur4DS N¢t movement in funds Tiaiisfa belw¢en funds At 311112_S At112124 Unrestiicted funds General fund 1,209,009 (118,499) (766,181) 324,329 Resti'icted fvjids Donatioi Charilable activitieg 161,707 157,781 (1,085,669) (319,488) 1,085,669 161,7n7 (927,88%) 766,181 TOTAL FUNDS 1,370,716 (1,046,387) 324,329 Ncl iiiovenienL in li￿ds, inLluded in thc above are as tollows: Incoming resoiJrc&8 Resoiiices expended Moyement in fiinds Unrestricted funds G¢iieral fiind 170,695 (289,194) (118,499) RestiActed funds Don<itioi]s' Charitsble activities 157,781 157,781 (1,085,669) (1,085,669) 157.781 (1.085,669) (927,888) TOTAL VUNDS 328,476 {1,374,863) (1,046,387) P<i¥e 13 cvnlinued...

Turkey Muzaik Foundation Note5 to the Finaiicial StgteMents- contlnued foA' the yeai. ended 31 Janiiary 202$ MOYElVtENT TN FUNDS- continued Comparalives for movement in funds N¢t movemeiit in fi￿dS Transfei's between fullds At -1111124 At 11212_3 Unrestricted fiinds Gunc1￿1 fijiid 52,590 348,C)27 8a7,7g2 1,209,009 Restricted fiinds Donlltions 969,4)( 9 (807,792) 161,707 TOTAL fuNDS 52,590 1,318,126 1,370,716 Comparative iict molremellt ill fLllids", illclud¢d in the abovc as folloiiTS: Tncoming resources Resourc¢y expended Movement in tiinds Unrestrieted tunds General fiind 390,190 (41.563) 348.627 Restricted funds Donations 3,852,519 4,883.020) 969,499 TOTAL FUNDS 4,242.709 {2,924,583) 1,318,126 A CUiTent yeai. 12 months and prioi. }'ear 12 month5 coinbined position is ÉLS follows.. Transfa's betw¢en funds Net moiremekit in funds At 112123 3111125 Uni'estricted funds Geneial fund 52,590 230,128 324,329 Restricted funds Donations Charitablc activities 1,127,280 {1,085,669) (1,127,280) 1,085,669 41,61 (41,611) TOTAL fiUNDS 52,590 271,739 324,329 P¢i¥e 14 continii¢d...

Turkey M02aik- Fuundation Note5 to the Flnaiicial Statements- conhniied foi. the yeai" ended 11 January 2025 MOVEMENT IN FUNDS - continued A CillTcnt y¢ar 12 J]]onths and prior ycai 12 months conibincd iict movcmcnt in fwids, includcd in thc above ale as folloivs: Iiicotning resource8 Resources expended Movemenl in tunds Unrestricted funds CJeneiYl fund 560,885 (330,757) 230,128 Restrlcted funds Donations Charitable activiti¢s 4,010,300 {2,88.1,020) 1,127,280 {1,085,669) (1,085,669) 4,010,300 {3,968,689) 41,611 TOTAL FUNDS 4,571,185 (4,299,446) 271,739 10. REI LATED PARTY DTSCLOSURES Tliere weiE no relared party ti ansactionq toi. Ilie year elided 31 Januaiy ?025. Puge 15

Turkey Muzaik- Foundation Detfiftled Statement of Flnancial Actlvliles toi. the yeai" ended.11 January 2025 2025 2024 INCOTrICI AND NDOIVMIIYTS Donlltlons and legacies Doiiations 250,578 4,181,379 Other h'ading actiTrities Other trading activities 66,576 48,012 Investment Ancome Deposit accoiint Int¢￿st 11,322 13,318 Total illcomlllg resources 328,476 4,242,709 EXPENDITURK Ralslng doiilltions aiid legacies Futthiqing CSTcnt8 Postage and stationery Advertising & Markelllig Tnt¢rnet exPcns¢s Bank charges Consultancy tees 66,679 7,2111 178 550 5,134 46.031 3.464 20,000 110,643 Charitsbje activities Grants 1,2().3,720 2,861,100 Siipport costs Governance costs AiiditoJE' reJniin¢Tation AuditoiE' IEmunerntion for non aiidit wo&'k 3,709 600 500 500 4,309 Total r¢sources ¢xp¢nded 1,-374,863 2.924,583 Net (expenditure)litteome (1,046,387) 1,118,126 ThAS pagc doL% nL)t tc)i'An pai'l ot" thr 4latLitory fLnancAal 4lat¢niLnt PJge 16