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2022-07-31-accounts

Ajyal Foundation for Education

Report and financial statements

For the year ended 31 July 2022

Ajyal Foundation for Education is registered in England and Wales under Charity Commission number 1186849 and Companies House number 11723326 Address:The Old Music Hall, 106-108 Cowley Road, Oxford,OX4 1JE,UK

Telephone: +44(0)1865655919 | Email: info@ajyalfoundation.org

www.ajyalfoundation.org.uk

Contents

For the year ended 31 July 2022

Reference and administrative information...........................................................................................................2 Trustees’annualreport.........................................................................................................................................3 Independent examiner’s report ...........................................................................................................................9 Statement of financial activities (incorporatingan income and expenditure account) ....................................10 Balance sheet .....................................................................................................................................................11 Financial statement notes ..................................................................................................................................12

Ajyal Foundation for Education is registered in England and Wales under

Charity Commission number 1186849 and Companies House number 11723326

Address:The Old Music Hall, 106-108 Cowley Road, Oxford,OX4 1JE,UK

Telephone: +44(0)1865655919 | Email: info@ajyalfoundation.org

www.ajyalfoundation.org.uk

Ajyal Foundation for Education

Reference and administrative information

For the year ended 31 July 2022

Company number 11723326
Charity number 1186849
Registered office Ajyal Foundation for Education
and operational The Old Music Hall, 106-108 Cowley Road,
address Oxford OX4 1JE
United Kingdom
Country of England & Wales
Registration
Country of United Kingdom
incorporation
Trustees Trustees, who are also directors under company law, who served during the year
and up to the date of this report were as follows:
Najat Armaly
Caroline Rooney
Kanwal Abdulhameed
Toufic Haddad
AdvisoryBoard Advisersdonothaveanyformallegalresponsibilities.Theadviserswhoonlyoffer advice
and support are asfollows:
Jasr Kawkby Adviser, former trustee and co-founder
Neil Serougi Adviser
Terry Webber Adviser
Key Management Najat Armaly Co-Founder & Chairperson
Caroline Rooney Trustee
Awataf Sheikh Co-founder and CEO
Bankers Metro Bank plc
1 Southampton Row
LondonWC1B

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Ajyal Foundation for Education

The trustees present their report and the audited financial statements for the year ended 31 July 2022.

Reference and administrative information set out on page 3 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Ajyal Foundation for Education’s vision and mission

Our vision is for disadvantaged children and young people to have access to high quality education that allows them to develop their talents, fulfil their potential and make a positive contribution to society, regardless of their circumstances or background. Our mission is to enable high quality, research-led education for disadvantaged communities with a particular focus on Palestinian and refugee communities.

Ajyal Foundation for Education’s aims

Support early childhood education. Improve the quality and the overall educational environment at all levels of education. Support the education of children with special needs and/or disabilities. Support innovation and technology in education. Ensure that educational challenges pertaining to gender are addressed. Improve access to arts, culture and music education.

Ajyal Foundation for Education’s Objectives and activities

Ajyal Foundation for Education’s objectives are to further exclusively charitable purposes according to the law of England and Wales as Trustees in their absolute discretion think fit and include the following:

Ajyal Foundation for Educations’ general areas of operation are the UK, Palestine and Israel.

The Foundation works to achieve its objectives via interventions beginning in early childhood education and continuing up to university. We do this via four programmes: 1. Research; 2. Educate for Life; 3. Transcending Borders; and 5. The Cultural Programme.

Research – Framing our work is research to help identify the underlying factors affecting disadvantaged children’s educational achievements. Through partnerships with universities and research institutions, our

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Ajyal Foundation for Education

research will enable us, and other organisations, to focus on and implement impactful solutions to the identified problems.

Educate for Life – The Educate for Life programme aims to improve children’s academic outcomes and enhance their personal development. In a fast-developing world, it is necessary for young people to have access to education that can equip them with the necessary skills, preparing them for the challenges of tomorrow. Without access to quality education that also considers the impact of occupation and violence on children’s wellbeing and educational attainment, young Palestinians will continue to academically fall behind and they will be more likely to face financial and social challenges.

Transcending Borders – In today’s increasingly connected world, the ability to obtain gainful employment is not limited to a person’s geographical location. Given this, we aim to equip young people with the knowledge and skills to gain remote work globally within tech and other industries.

Ajyal also has a Cultural Programme which aims to develop cultural projects in the UK to celebrate Palestinian and Arab culture and to help create opportunities for cooperation between individuals and organisations in the UK and overseas.

Trustees and organisational structure

Trustees of Ajyal Foundation for Education serve until they stand down. New trustees are nominated to fill specific gaps identified by the Trustees. When new Trustees are appointed, they are provided with the information they need to fulfil their roles, which includes information about the role of Trustees and charity law. Trustees receive updates, progress reports and publications on a regular basis.

The Trustees meet to govern and monitor the progress of the Charity at least once a year. They are in touch regularly through email and video conference calls. The policies and procedures are reviewed and updated annually. The Trustees delegate the day-to-day running of the charity to the Foundation’s office in Oxford.

Newly appointed Trustees undertake a series of meetings with the Foundation’s senior management to ensure they gain a full understanding of the Foundation and their responsibilities. All grants paid by the Foundation are independently agreed upon by the Trustees collectively following recommendations by senior management. Trustees with conflict of interest declare these in advance and do not participate in related decision-making.

Awatef Sheikh is the only Senior Manager at the Foundation for the year 2022. In her capacity as the Chief Executive Officer, she is accountable for the team’s performance and has overall responsibility to ensure proper management of the Foundation, so that its objects are met, and resources are well managed.

The employees’ work is overseen by the Trustees. The Trustees confirm that they have complied with the Charities Act 2006.

Grantmaking policy

The Foundation actively seeks to find potential partner organisations. These needs to be formally registered, non-governmental, well-established and reputable organisations that share the Foundation’s values of professionalism, transparency, accountability, inclusivity and commitment. The Foundation is always

Ajyal Foundation for Education

careful to avoid association or identification with any partisan, illegal, or other behaviour which is incompatible with its strictly educational and charitable status and policy.

The Foundation doesn’t accept unsolicited project proposals. Its current projects have been developed together with partner organisations. The Foundation drafts agreements that specify the responsibilities of its partners and the schedule of reporting. Partners provide regular progress reports and each project is visited at least once every year by a representative of the Foundation. For sustainability of projects’ achievements, the Foundation seeks to develop longstanding partnerships while maintaining rigorous monitoring and evaluation procedures.

Partner Due Diligence

As a grantmaking organisation, the Foundation works to achieve its objectives by supporting projects and charitable activities that are delivered by partner organisations. Before partnering with organisations, the Foundation evaluates the partner organisation’s credentials, processes and systems and follows Ajyal Foundation for Education’s formal due diligence policy which is designed to obtain a level of assurance of capacity and the capability of a partner to deliver the project prior to entering into a formal agreement. It allows the Foundation to identify and understand potential risks faced in providing funding to a specific organisation and ascertain if these can be mitigated and managed to ensure the funded activity/project is successfully delivered and that the Foundation’s funds are properly accounted for.

Principal Risks and uncertainties

The Trustees have assessed the major risks to which the Charity is exposed and are satisfied that systems are in place to reduce and mitigate the exposure to risks. The Trustees have identified the following principal risks facing the Foundation and have controls in place for their active management:

Fundraising Statement

Ajyal Foundation for Education raises funds for its activities and projects from a wide range of UK and international donors and Trusts and Foundations. These funds are raised by Trustees, staff and volunteers who have been supporting the Foundation since its establishment.

We communicate regularly with our supporters through newsletters, appeals, social media and emails to provide updates and comprehensive reports.

Project activities for 2021/22

Ajyal Foundation’s project aim to bring meaningful and lasting change to children and young people’s lives through our interventions. We promote high-quality education that takes into

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Ajyal Foundation for Education

consideration the impact poverty and conflict can have on educational outcomes and children’s wellbeing. Our interventions emphasize a child-centered approach to education and support compassionate and competent education staff to be aware of and appropriately deal with a child’s socioemotional needs.

The Foundation develops long-lasting partnerships with local partners on the ground that share Foundation’s vision and values. Alongside these partners, we develop well-planned projects that aim to achieve Foundation’s objectives. Ajyal Foundation takes the lead in sourcing funding for the projects on the ground, while continuing to provide comprehensive support, monitoring and evaluation to our local partners throughout the lifetime of projects to ensure maximum impact for each intervention. The majority of our projects are ongoing, and each one begins as a pilot project. Once a project is thoroughly evaluated and improved, we then scale it up to support a much larger group of beneficiaries.

Our key partner on the ground in Palestine is the Teacher Creativity Centre, with whom we implement a number of projects. One such project is the Socio-Emotional Learning (SEL) intervention. These interventions work with all education staff across a number of schools in Palestine, providing training in the SEL approach to education, a way to take into account a child’s extra socioemotional wellbeing needs and thus, leading to higher educational outcomes for many children.

Future Plans

Ajyal continues to work to achieve its objective of expanding its beneficiary base and future plans include scaling up a number of projects to ensure the greatest impact as possible. We aim to achieve this through developing our fundraising strategy and enhancing our pool of regular supporters.

We will continue to develop strategic partnerships with Trusts and Foundations, universities, the private sector and our individual donors whose generosity so far has enabled us to continue our journey in creating long lasting change in education provided to communities impacted by conflict.

Financial Review

Total income for 2022 amounted to £123,573. Charitable Activities were the principal source of income for the Foundation comprising 52%, with Donations through fundraising activities constituting 48%.

Total expenditure on charitable activities for 2022 was £101,977. Projects that form part of the Educate for Life programme remain the Foundation’s core and largest programmes, with the majority of project expenditure allocated to them. Governance and Support costs to operate the organisation amounted to £30,543.

Reserves Policy and Going Concern

Ajyal Foundation for Education is currently dependent on a range of sources of income to sustain its activities, primarily donations and grants. Ajyal receives donations from a few foundations and several individual donors.

The Foundation plans its fundraising in advance having a 12-month view of cash flow.

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Ajyal Foundation for Education

The Board of Trustees has agreed that the Foundation needs to grow its reserves to a level to ensure that should all funding sources cease its main operations could continue for a period of 3 months, to allow for an orderly wind down.

The Foundation’s consolidated balance sheet has current assets of £41,703. The trustees have reviewed the circumstances of the Foundation and consider that adequate resources continue to be available to fund its activities for the foreseeable future. The trustees are of the view that Ajyal Foundation for Education is a going concern.

Remuneration policy for key management personnel

The Trustees consider the board of Trustees and the CEO the key management personnel of the charity in charge of directing and controlling, running and operating the Charity on a day-to-day basis. All trustees give of their time freely and no trustee received remuneration or expenses in the year 2022. There is currently one full-time employee and two part-time employees and their pay is determined by the Key Management of the Foundation. Statement of responsibilities of the trustees

The trustees (who are also directors of Ajyal Foundation for Education for the purposes of company law) are responsible for approving the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for takingreasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

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Ajyal Foundation for Education

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees on 31[st] August 2022 was 4. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

The trustees’ annual report has been approved by the trustees on 28[th] April 2023 and signed on their behalf by

Najat Armaly Chair of Trustees

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Ajyal Foundation for Education

Independent examiner’s report to the trustees of Ajyal Foundation for Education Charitable Company (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st] July 2022.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Name: Peter Treganna, Tregannas Consultancy Address: 175 Chatsworth Road, London, NW2 5QS Date: 24[th] April 2023

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Ajyal Foundation for Education

Statement of financial activities(incorporating an income and expenditure account)

For the year ended 31 July 2022

----- Start of picture text -----
2022 2021
Unrestricted Restricted Total Unrestricted Restricted Total
Note £ £ £ $ $ $
Income from:
Donations and legacies 2b 46,232 46,232 26,630 13,516 40,146
Charitable activities
Gaza UNRWA SEL Project 2a 63,764 63,764
Other projects 2a 7,639 7,639
Government Corona Virus Job Support grants 2c 5,938 5,938 28,872 28,872
Total income 52,170 71,403 123,573 55,502 13,516 69,018
Expenditure on:
Raising funds 8,358 - 8,358 12,167 - 12,167
Charitable activities
Projects 31,021 70,956 101,977 39,421 5,000 44,421
- - - -
3a &
Total expenditure 3b 39,379 70,956 110,335 51,588 5,000 56,588
Net (expenditure)/income before other
recognised gains and losses 12,791 447 13,238 3,914 8,516 12,430
Transfers - - - (1,484) 1,484 -
Net movement in funds 12 12,791 447 13,238 2,430 10,000 12,430
Reconciliation of funds:
Total funds brought forward 18,015 10,450 28,465 15,585 450 16,035
Total funds carried forward 30,806 10,897 41,703 18,015 10,450 28,465
----- End of picture text -----

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 12 to the financial statements.

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Ajyal Foundation for Education

Balance sheet

Company no. 11723326

As at 31 July 2022

----- Start of picture text -----
2022 2021
Note £ £
Current assets:
Debtors 9 73,882 140
Cash at bank and in hand 11,798 18,466
85,680 18,606
Liabilities:
Creditors: amounts falling due within one year 10 43,977 2,571
Net current assets 41,703 16,035
Total net assets / (liabilities) 41,703 16,035
The funds of the charity: 12
Restricted funds 10,897 450
Unrestricted funds 30,806 15,585
Total charity funds 41,703 16,035
----- End of picture text -----

For the year ending 31/07/2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Approved by the trustees on 28/04/2023 and signed on their behalf by

Najat Armaly Trustee

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Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2022

Ajyal Foundation for Education is a charitable company limited by guarantee and is incorporated in England and Wales.

The registered office address and principal place of business is The Old Music Hall, 106-108 Cowley Road, Oxford, England, OX4 1JE

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006/Charities Act 2011.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting

policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

The charitable company meets the definition of a public benefit entity under FRS 102.

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

e) Income Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when receivable.

Revenue grants are credited to the statement of financial activities when received or receivable whichever is earlier.

Where unconditional entitlement to grants receivable is dependent upon fulfilment of conditions within the charity's control, the incoming resources are recognised when there is sufficient evidence that conditions will be met. Where there is uncertainty as to whether the charity can meet such conditions the incoming resource is deferred.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

! Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose

! Expenditure on charitable activities includes the costs of educational activities undertaken to further the purposes of the charity and their associated support costs

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i)

Grants payable

Grants payable are made to third parties in furtherance of the charity's objects. Single or multi-year grants are accounted for when either

the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity. Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

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Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2022 1 Accounting policies (continued)

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where information about the aims, objectives and projects of the charity is provided to potential beneficiaries, the costs associated with this publicity are allocated to charitable expenditure.

Where such information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs are apportioned between fundraising and charitable activities on the basis of area of literature occupied by each activity.

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of

the amount attributable to each activity

! Raising Funds 20% ! Projects 80%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

Rental charges are charged on a straight line basis over the term of the lease.

l) Tangible fixed assets Items of equipment are capitalised where the purchase price exceeds £1,000.

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

o) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

p) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2 Income from Charitable Activities & Donations

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Unrestricted Restricted 2022 Total Unrestricted Restricted 2020 Total
£ £ £ £ £ £
2a Charitable Activities
SEL Project - 63,764 63,764 - - -
Teacher Creativity Center - Support Pack - - - 3,516 3,516
Wellbeing for teachers & children in Palestine 7,639 7,639
Education Gaza - - - - 10,000 10,000
- 71,403 71,403 - 13,516 13,516
2b General Donations 46,232 - 46,232 26,630 - 26,630
2c HMRC Covid Job Retention Scheme 5,938 - 5,938 28,872 - 28,872
52,170 71,403 123,573 55,502 13,516 69,018
----- End of picture text -----

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Ajyal Foundation for Education Notes to the financial statements

For the year ended 31 July 2022

3a Total resources expended (current year)

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Governance Support 2022
Raising funds Projects Costs Costs Total
£ £ £ £ £
Staff costs (Note 6) - - - 24,938 24,938
Consultancy fees - 6,587 - - 6,587
Audit and accountancy - - 2,000 - 2,000
Adminstration expenses - - - 3,555 3,555
Grants to institutions (note 4) - 70,956 - - 70,956
Bank & foreign exchange charges - - - 50 50
Fundraising costs 2,249 - - - 2,249
2,249 77,543 2,000 28,543 110,335
Support costs 5,709 22,834 - (28,543) -
Governance costs 400 1,600 (2,000) - -
Total expenditure 2022 8,358 101,977 - - 110,335
3b Total resources expended (prior year)
Governance Support 2021
Raising funds Projects Costs Costs Total
£ £ £ £ £
Staff costs (Note 6) - - - 39,375 39,375
Consultancy fees - - - - -
Audit and accountancy - - 1,250 - 1,250
Adminstration expenses - - - 8,626 8,626
Grants to institutions (note 4) - 5,000 - - 5,000
Bank & foreign exchange charges - - - 25 25
Fundraising costs 2,312 - - - 2,312
2,312 5,000 1,250 48,026 56,588
Support costs 9,605 38,421 - (48,026) -
Governance costs 250 1,000 (1,250) - -
Total expenditure 2021 12,167 44,421 - - 56,588
----- End of picture text -----

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Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2022

4 Grant making

----- Start of picture text -----
2022 2021
Grants to Grants to
institutions institutions
£ £
Cost
SEL Project 63,317 -
Wellbeing for teachers & children in Palestine 7,639
Teacher Creativity Center "Learning & Support Pack (Covid)" - 5,000
Total grants for the year 70,956 5,000
5 Net expenditure for the year
This is stated after charging:
2022 2021
£ £
Operating lease rentals:
! Property 1,963 3,656
6 Staff costs and numbers
Staff costs were as follows:
2022 2021
£ £
Salaries and wages 23,750 37,500
Staff pension costs 1,188 1,875
Social security costs - -
24,938 39,375
Total emoluments paid to staff were: 23,750 37,500
----- End of picture text -----

No employee earned more than £60,000 during the year.

The total employee benefits including pension contributions of the key management personnel were £24,936 (2021 £39,375).

The average weekly number of employees (head count based on number of staff employed) during the period was 1.

The charity trustees were not paid or received any other benefits from employment with the charity in the year. No charity trustee received payment for professional or other services supplied to the charity.

There were no trustees' expenses relating to attendance at meetings of the trustees.

7 Related party transactions

Aggregate donations from related parties were £690 (2021 £3,725) Donations from A Sheik, the Chief Executive Officer and a related party, were £690. Other related party donations from Trustees totalled £0.

8 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

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Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2022

----- Start of picture text -----
2022 2021
£ £
Prepayments and accrued income 73,882 -
73,882 -
10 Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 2,158 3,638
Salaries 2,306 4,610
HMRC (PAYE/NI) (8) 1,387
Grants payable 39,521 -
43,977 9,635
11 Analysis of net assets between funds (current year)
General
unrestricted Restricted Total funds
£ £ £
Net current assets 30,806 10,897 41,703
Net assets at 31 July 2022 30,806 10,897 41,703
Analysis of net assets between funds (prior year)
General
unrestricted Restricted Total funds
£ £ £
Net current assets 18,015 10,450 28,465
Net assets at 31 July 2021 18,015 10,450 28,465
----- End of picture text -----

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Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2022 12 Movements in funds (current year)

----- Start of picture text -----
At 31 July Income & Expenditure
2021 gains & losses Transfers At 31 July 2022
£ £ £ £ £
Restricted funds:
SEL Project 450 63,764 (63,317) 897
Wellbeing for teachers & children in
Palestine 7,639 (7,639) - -
Education-Gaza 10,000 - - 10,000
Total restricted funds 10,450 71,403 (70,956) - 10,897
Unrestricted funds:
General funds 18,015 52,170 (39,379) - 30,806
28,465 123,573 (110,335) - 41,703
Movements in funds (prior year)
At 30 July Income & Expenditure
2020 gains & losses Transfers At 31 July 2021
£ £ £ £ £
Restricted funds:
SEL Project 450 450
Teacher Creativity Center "Learning & 3,516 (5,000) 1,484 -
Education-Gaza - 10,000 - - 10,000
Total restricted funds 450 13,516 (5,000) 1,484 10,450
Unrestricted funds:
General funds 15,585 55,502 (51,588) (1,484) 18,015
16,035 69,018 (56,588) - 28,465
----- End of picture text -----

13 Operating lease commitments

The charity's total future minimum lease payments under cancellable operating leases is as follows for each of the following periods:

's total future minimum lease payments under cancellable operating leases is
eriods:		 as follows for each of the as follows for each of the
ne year
years		 2
0
2
2
2
0
2
1
£
£
254
304
~~-~~
~~-~~
Property
2
5
 2
9
3

14 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

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