VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P 118 Foundatlon for the Advancement of Educatlon & Communlty Development Reglstered Charlty No 1180602 Receipts and Payrnents Account For the year ended 31 March 2025 VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P W6 Foundatlon for the Advan￿ment of Educatlon & Communlty Development Index Page Legal and Administrative Details Trustees Annual Report Accountants, Report Receipts and Payments Account Statement of Assets and Liabilities VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P Foundatlon for the Advancement of Educatlon & Communlty Development Legal and Admlnistrative Detalls Incorporation The Foundation for the Advancement of Education & Community Development was registered with the Charity Commission as a Charitable Incorporated Organisation on 7 November 2018. WorkinB Name FAECD Re8i5tered Charity Number 1180602 Trustees Kian Golestani Patrick O'mara Farnaz Trick Francis Farhang Sajed Robert Weinberg Prlnclpal Offlce 63 Montpelier Walk London SW7 IIH Accountants James Cowper Kreston 2 Communications Road Greenham Business Park Greenham Newbury RG19 6AB Bankers Natwest Knightsbridge Branch PO Box 6037 186 Brompton Road London SW3 IHL VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P416 Foundation for the Advancement of Education & Community Development Trustees Annual Report Forthe year ended 31 March 2025 The Trustees present their report along with the financial statements of the charity for the year ended 31 March 2025. Structure Governance and Management The constitution of the charity is set out on page l. The Trustees who have served during the year and since the year end are set out on page l. There must be at least three trustees and there is no maximum number of trustees. Any person who is willing to act as a trustee may be appointed by decision of the charity trustees. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a charity IPB21'. Oblects of the Charlty The objects of the CIO are for the public benefit to further any purpose which is exclusively charitable under the law of England and Wales. The main purposes include- -The advancement ofeducation The development of the capacity & skills of people in economically disadvantaged areas to better able them identify & help meet their needs & participate more fully in society Grants may be made to individual charitable beneficiaries, UK registered charities & other organisations lin the UK & abroad) that carry out activities that are charitable under English law. Review of the Year The charity received no donations in the year. On 26 March 2025 the trustees passed a resolution to award a grant of $50,000 to Kimanya for the purpose of funding projects which are aimed at strengthening the capacity of communities to improve their material and social conditions. The grant was paid on 27 May 2025 and will be recognised in the accounts at the point the donation is paid. The financial statements reflect the current financial status of the charty. Income from donations was £ntl 1202a.. £nill, there wa5 an exchange loss of £1.698 1202a-. £2,958) and the expenditure in the period amounted to £1,78112024- £6111 giving a deficit of income over expenditure. At the end of the period there were total funds of £69,43012024.. £72,9091. VYbJJk8un*L*7Tran5o￿1￿ Ref. 2RDx-B7J￿Kw 12 Jun 2tr25 f&..28..￿ 88TIUTC +110 111 P Foundation for the Advancement of Education & Community Development Trustees Annual Report Forthe year ended 31 March 2025 ststement of Trustees Responslbllltles The Trustees are responsible for preparing the Trustee's report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charitie5 in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resource5 of the charity for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently observe the methods and principles in the Charities SORP,. make judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concem 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 to 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 Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the as5et5 of the charity and hence for takin# reasonable Steps for the prevention and detection of fraud and other irre8ularitie5. Approved by the Trustees and signed on their behalf by: FthA(kThkn1zJ￿￿￿ZJ2￿.2F￿IE5rlirc*t) Patrick O'mara 12 June 2025 Date: ................................................ VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P 618 Foundatlon for the Advancement of Educatlon & Communlty Development Accountants, Report to the Trustees On the unaudlted Accounts For the year ended 31 March 2025 In accordance with our engagement letter we have prepared for your approval the financial information of the Foundation for the Advancernent of Education & Community Development for the year ended 31 March 2025 as set out on pages 5 to 6 from the accounting records and information and explanations you have given to us. As a member firm of the Institute of Chartered Accountants in England and Wales IICAEWI we are subject to its ethical and other professional requirements whith are detailed at www.icaew.com/en/membership/regulations-5tandards-and-guidance. Our report is made solely to the trustees of the Foundation for the Advancement of Education & Community Development. Our work has been undertaken solely to prepare for your approval the financial information of Foundation for the Advancement of Education & Community Development and state those matters that we have agreed to state to you in thi5 report in accordance with ICAEW Technical Release TECH08116AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the trustees, for our review, for our report, or for the opinion we have formed. You have approved the financial information for the year ended 31 March 2025 and have acknowledged your responsibility for it. for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for its compilation. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not. therefore. express any opinion on the financial information. fwo5 CoJ)poJ James Cowper Kreston Chartered Accountant5 2 Communications Road Greenham Business Park Greenham Newbury RG19 6AB Date.'16 June 2025 VYbJsk9un*urnTransorbc￿ Ref. 2RDX-B7JMIKSM 12 Jun 2W25 rJ..28..00 B8T(UTC +110 111 P 716 Foundatlon for the Advancement of Educatlon & Communlty Development Receipts and Payments Account for the year to 31 March 2025 Unrestricted Funds Year end 31-Mar-25 Unrestricted Funds Year end 31-Mar-24 Receipts Donations Exchange gain Total recelpts Payments Accountancy Bank charges Website Exchange loss Total Payments 624 241 916 1,698 3,479 600 li 2,958 3,569 ExcessllDeflcltl of recelpts over payments {3,4791 13,5691 Cash and bank balances at l April 2024 72.909 76,478 Cash and bank balances at 31 March 2025 69,430 72,909 VYbJJk8un*L*7Tran5o￿1￿ Ref. 2RDx-B7J￿Kw 12 Jun 2tr25 f&..28..￿ 88TIUTC +110 111 P W6 Foundatlon for the Advancement of Educatlon & Communlty Development ststement of Assets and Liabllities as at 31 March 2025 2025 2024 Assets Monetary Assets Cash at bank 69,430 72,909 Llabllltles Accountancy fees Grant commitment 1636) 138,5981 16241 Total assets 30,196 72,285 Approved by the Trustees and signed on their behalf by.. Patrlck O'mara 12 June 2025 Date.. Foreign currency balances are converted to sterling at the exchange rate on the Balance Sheet date and unrealised profits or losses are treated as a receipt or payment in the Receipts and Payments account.