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2024-07-31-accounts

Ajyal Foundation for Education

Report and financial statements

For the year ended 31 July 2024

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)1865403131 | Email: info@ajyalfoundation.org

https://ajyalfoundation.org

Contents

For the year ended 31 July 2024

Reference and administrative information ........................................................................................................... 2 Trustees’ annual report ......................................................................................................................................... 3 Independent examiner’s report ......................................................................................................................... 10 Statement of financial activities (incorporating an income and expenditure account) ..................................... 11 Balance sheet ..................................................................................................................................................... 12 Statement of cashflows………………………………………………………………………………………………………………………………….13 Financial statement notes .................................................................................................................................. 14

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)1865403131 | Email: info@ajyalfoundation.org

https://ajyalfoundation.org

Ajyal Foundation for Education

Reference and administrative information

For the year ended 31 July 2024

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:
Caroline Rooney
Kanwal Abdulhameed Resigned 17 October 2024
Tariq Azzam Appointed 13 March 2024
Sonia Boulos Appointed 11 April 2025
Emma Holland Appointed 11 April 2025
Company Secretary Awatef Sheikh
Advisory Board Advisers do not have any formal legal responsibilities. The advisers who onlyoffer advice
and support are as follows:
Kanwal Abdulhameed Adviser, former trustee and co-founder
Jasr Kawkby Adviser, former trustee and co-founder
Toufic Haddad Advisor, former trustee and co-founder
Najat Armaly Advisor, former trustee and co-founder
Neil Serougi Adviser
Terry Webber Adviser
Key Management Caroline Rooney Chairperson
Awataf Sheikh Co-founder, CEO & Company Secretary
Peter Treganna Financial Manager
Bankers The Co-operative Bank p.l.c.,
P.O. Box 101, 1 Balloon Street, Manchester M60 4EP

2

Ajyal Foundation for Education

The trustees present their report and the financial statements for the year ended 31 July 2024.

Reference and administrative information set out on page 2 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 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Ajyal Foundation for Education’s vision and mission

Our vision is for children and young people impacted by war, violence, and displacement to have access to mental health support and 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 and mental welfare support for disadvantaged children and young people with a particular focus on Palestinian and refugee communities.

Ajyal Foundation for Education’s aims

Ajyal Foundation for Education’s Objectives and activities

Ayjal Foundation for Education is established for the promotion of charitable purpose; including:

To achieve its objectives, the Foundation works to improve access to high quality, innovative and researchled education and mental welfare support at all levels for disadvantaged communities with a particular focus on Palestinians and refugee communities, regardless of gender or faith, in particular, but not exclusively by researching, developing and supporting projects that enable education mental welfare support that is respectful, inclusive, safe, engaging and innovative.

Our work and practice are guided by the values and principles of the United Nation’s Universal Declaration of Human Rights. We situate our work within the context and the realm of the United Nations Universal Declaration of Human Rights. Our work is based on the fundamental values of human rights as set out in the Preamble, including the recognition of equal and unalienable dignity and rights to freedom, justice, and peace for all human beings.

The Foundation puts children’s mental and emotional well-being at the core of education, which we consider as novel in relation to young learners (Y1-9), particularly in context of war, violence and displacements, where we have focused our key programming.

The Foundation develops and supports 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 4. The Cultural Programme.

3

Ajyal Foundation for Education

Research – Framing our work is research to help identify the underlying factors affecting disadvantaged children’s wellbeing, educational achievements, and development. Through partnerships with academics, universities and research institutions, our research will enable us, and other organisations, to focus on and implement impactful solutions to the identified needs, gaps in support services, and challenges facing the communities we seek to support.

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 war, occupation, violence and displacement on children’s wellbeing and educational attainment, young Palestinians and refugee children will continue to fall behind and they will be more likely to face considerable 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. This programme was paused due to the war on Gaza.

Ajyal also has a Cultural Programme which aims to develop cultural projects in the UK to engage with the community, enrich the local cultural scenes, celebrate Palestinian and Arab culture and to help create opportunities and spaces for education, collaborations, and fruitful discussions.

How we work

Our work is based on partnership and collaboration with local organisation in our target areas, with whom we develop projects in response to identified needs of the communities we strive to support and gaps in the support services. We bring to the process our own and external expertise to enhance and improve projects.

We raise funds for the projects and oversee the implementation process supporting our local partners as they navigate decision-making and overcome challenges. We help build local capacities as we collaborate on each project.

We start by piloting every project before scaling it up and are guided by the needs of the communities on the ground and the gaps in the support services available to them and are driven by evidence.

Every project must be centred around sustainability and localising knowledge and expertise within the communities we aim to support in order to empower them beyond the life of the project.

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

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. In April 2025, the charity appointed two new trustees, Sonia Boulous and Emma Holland, to strengthen the board’s capacity and governance oversight.

4

Ajyal Foundation for Education

The Trustees meet to govern and monitor the progress of the Charity at least three times 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 most Senior Manager at the Foundation for the year 2024. 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 CEO is supported by members of the Key Management including the Chair of the Board of Trustees and the Financial Manager. The Trustees oversee the work of the CEO.

The Trustees confirm that they have complied with the Charities Act 2006.

Grantmaking policy

The Foundation actively seeks to find potential partner organisations. These need 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 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 by the Foundation or 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, if circumstances allow safe movements and visits, 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 Foundation’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. The CEO visits the partner organisations regularly to verify that the project is being delivered according to the terms of the agreement and partner organisations are required to provide post-project reports detailing expenditure and project results.

Principal Risks and uncertainties

5

Ajyal Foundation for Education

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, Trusts and Foundations and community fundraisers. These funds are raised by Trustees, staff and Ajyal’s community of volunteers who organise or take part in fundraising activities in support of Foundation’s work.

Ajyal Foundation for Education is registered with the Fundraising Regulator and works in a way that is compliant with the Code of Fundraising Practice.

We have not received any complaints relating to fundraising. Should this happen, Foundation’s staff will record this digitally and discuss and review these with our trustees.

The staff manage and monitor the fundraising work undertaken by others. Any volunteer or freelancer that works with the Foundation is required to sign a Confidentiality Agreement as part of their contract. The staff also do an informal induction of activities to all new volunteers.

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

Project activities for 2023/24

Ajyal Foundation develops and collaborates on the delivery of high-quality research-led education and mental health for children impacted by war, violence, and displacement with a particular focus on Palestinians and refugee communities. Our interventions emphasize a context-rooted and child-centered approach and support compassionate and competent education staff to be aware of and appropriately deal with a child’s socioemotional needs.

6

Ajyal Foundation for Education

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. We aim to localise and enhance knowledge and expertise by implementing a sustainable approach so that educational staff can continue to benefit from, train others and share their newly acquired skills and approach.

Since October 2023, Ajyal has paused all its projects and focused its work on supporting emergency interventions for displaced children in Gaza impacted by the war and have supported over 30,000 displaced children and their families since. The Foundation centred its support on welfare of displaced children in Gaza and offered emergency support in addition to education and psychosocial support. Emergency support for displaced children included: warm winter clothing, food and vegetables parcels, female hygiene kits, general hygiene kits, toys and stationery, mattresses and bedding, sheltered classrooms, toilets, clothing for child cancer patients, and more.

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. Outside emergency support interventions for displaced children in Gaza, Ajyal’s 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.

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 and grow the Foundations team and capacities. Foundation’s primary focus remains the support for children impacted by the war in Gaza. Ajyal also plans to expand its research programme to support context-rooted and sensitive education and mental welfare for children impacted by experiences of war, trauma, and loss. The Foundation will gradually resume its work on its pre-war plans, namely its UK based cultural programme.

As we do so, the Foundation will continue to develop strategic partnerships with Trusts and Foundations, academics, universities, artist community, the private sector and major donor community whose generosity so far has enabled us to continue to offer meaningful, often lifesaving support for children impacted by war, starvation and displacement.

Financial Review

Since Oct 2023, the work on all UK projects were paused and efforts and resources were shifted to support children in Gaza. Since October 2023, the Foundation has raised over £490,000 for interventions supporting thousands of displaced children and their families in Gaza via its Emergency Support Interventions for Children in Gaza.

Total income for 2023/2024 amounted to £551,552. Charitable Activities were the principal source of income for the Foundation comprising 55%, with Donations through fundraising activities contributing 45%.

Total expenditure on charitable activities for 2023/2024 was £435,079. Projects that form part of the Emergency Support Interventions, mental welfare, and education for displaced children in Gaza remain the Foundation’s core and largest interventions, with the majority of project expenditure allocated to them. Governance and Support costs to operate the organisation amounted to £71,200.

7

Ajyal Foundation for Education

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 has diverse funding stream for income from fundraising including public funds, event and public fundraisers, Trusts and Foundations and individual donors.

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

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 balance sheet has current assets of £129,822 of which £9,560 are restricted and do not form part of the free reserves. 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. In the case of an orderly winddown over 3 months, administration costs are projected to be £29,577, an amount covered by free reserves. 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 of the charity in charge of directing and controlling the running and operations of the Foundation. Awatef Sheikh is the most Senior Manager at the Foundation for the year 2024. In her capacity as the Chief Executive Officer, she is accountable for the Foundation’s employees’ performance and has, together with Key Management, overall responsibility to ensure proper management of the Foundation, so that its objectives are met, resources are well managed, and Foundation continues to grow. The Key Management includes the Chair of the Board of Trustee, the CEO and the Financial Manager. All trustees give of their time freely and no trustee received remuneration or expenses in the year 2023/24. There are now currently two full-time and three part-time employees and their pay is determined by the Trustees 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:

8

Ajyal Foundation for Education

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 taking reasonable steps for the prevention and detection of fraud and other irregularities.

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 2024 was 2. 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 22[nd] April 2025 and signed on their behalf by

Caroline Rooney Chair of Trustees

9

Independent Examiner’s Report

to the Directors and Members of Ajyal Foundation for Education

for the year ended 31 July 2024

I report on the accounts of Ajyal Foundation for Education for the year ended 31[st] July 2024, which are set out on pages 11-19.

Responsibilities and basis of the report

As the charity’s trustees of the Company (who are also directors of the company 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 for this year 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

The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants for Scotland (ICAS).

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

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.

Hannah Flook CA

Egia Financial Limited 4 Galachlaw Shot, Edinburgh, EH10 7JF

22 April 2025

10

Ajyal Foundation for Education

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

For the year ended 31 July 2024

Note
Income from:
2b
2a
3a &
3b
12
Reconciliation of funds:
Donations and legacies
Charitable activities
Net income before net (losses)/gains on
investments
Total funds carried forward
Other projects
Raising funds
Total expenditure
Charitable activities
Projects (inc research)
Total income
Expenditure on:
Net (expenditure)/income before other
recognised gains and losses
Transfers
Net movement in funds
Total funds brought forward		 Unrestricted
£
304,671
-		 Restricted
£
239
246,642		 2024
Total
Unrestricted
£
$ 304,910
31,593
246,642
-		 2024
Total
Unrestricted
£
$ 304,910
31,593
246,642
-		 Restricted
$ -
9,560		 2023
Total
$ 31,593
9,560
304,671 246,881 551,552
31,593		 9,560 41,153
61,349
56,960
-		 -
316,770
-		 61,349
20,053
373,730
39,454
-
-		 -
10,000
-		 20,053
49,454
-
118,309 316,770 435,079
59,507		 10,000 69,507
186,362 (69,889) 116,473
(27,914)		 (440) (28,354)
186,362
(68,992)		 (69,889)
68,992		 116,473
-		 (27,914)
-		 (440)
-		 (28,354)
-
117,370
2,892		 (897)
10,457		 116,473
(27,914)
13,349
30,806		 (440)
10,897		 (28,354)
41,703
120,262 9,560 129,822
2,892		 10,457 13,349

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.

11

Ajyal Foundation for Education

Balance sheet

Balance sheet
As at 31 July 2024 Company no. 11723326
Note
Current assets:
9
Liabilities:
10
12

Cash at bank and in hand
Debtors
Total charity funds
The funds of the charity:
Creditors: amounts falling due within one year
Net current assets
Total net assets / (liabilities)
Restricted funds
Unrestricted funds		 £
£
£
£
23,619
20,304
340,009
20,619
363,628
40,923
233,806
27,574
129,822
13,349
129,822
13,349
9,560
10,457
120,262
2,892
129,822
13,349
2024
2023
13,349
10,457
2,892
13,349

For the year ending 31st July 2024 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 22/04/2025 and signed on their behalf by

Caroline Rooney Trustee

12

Ajyal Foundation for Education

Statement of cash flows

For the year ended 31 July 2024

Note
£
£
116,473
(as per the statement of financial activities)
(Increase)/decrease in debtors
(3,315)
Increase/(decrease) in creditors
206,232
319,390
319,390
20,619
340,009
Analysis of cash and cash equivalents
At 1 August
2023
Cash flows
£
£
Cash in hand
20,619
319,390
Total cash and cash equivalents
20,619
319,390
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash flows from operating activities
Net cash provided by / (used in) operating activities
Net (expenditure)/income for the reporting period
2024		 Note
£
£
116,473
(as per the statement of financial activities)
(Increase)/decrease in debtors
(3,315)
Increase/(decrease) in creditors
206,232
319,390
319,390
20,619
340,009
Analysis of cash and cash equivalents
At 1 August
2023
Cash flows
£
£
Cash in hand
20,619
319,390
Total cash and cash equivalents
20,619
319,390
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash flows from operating activities
Net cash provided by / (used in) operating activities
Net (expenditure)/income for the reporting period
2024		 Note
£
£
116,473
(as per the statement of financial activities)
(Increase)/decrease in debtors
(3,315)
Increase/(decrease) in creditors
206,232
319,390
319,390
20,619
340,009
Analysis of cash and cash equivalents
At 1 August
2023
Cash flows
£
£
Cash in hand
20,619
319,390
Total cash and cash equivalents
20,619
319,390
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash flows from operating activities
Net cash provided by / (used in) operating activities
Net (expenditure)/income for the reporting period
2024		 £
£
(28,354)
53,578
(16,403)
8,821
8,821
11,798
20,619
Other
changes
At 31 July
2024
£
£
-
340,009
-
340,009
2023		 £
£
(28,354)
53,578
(16,403)
8,821
8,821
11,798
20,619
Other
changes
At 31 July
2024
£
£
-
340,009
-
340,009
2023
319,390
319,390
20,619		 8,821
8,821
11,798
340,009 20,619
Cash flows
£
319,390		 At 31 July
2024
£
340,009
20,619 319,390 - 340,009

13

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

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

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. c) Public benefit entity

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

d) Going concern 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.

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

h) Expenditure and irrecoverable VAT 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:

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.

14

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

1 Accounting policies (continued)

j) Allocation of support costs

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

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.

k) Operating leases

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.

q) Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities

2 Income from Charitable Activities & Donations

2a
Charitable Activities
Wellbeing for teachers & children in Palestine
Gaza projects (Cycling 4 Gaza)
2b General Donations
Training kindergarten teachers in Community
music & music making methods
Provision of a school library & teacher training for
Wadi Aljouz Girl's School		 Unrestricted
£
-
-
-
-		 Restricted
£
5,000
7,992
-
233,650		 2024 Total
Unrestricted
£
£
5,000
-
7,992
-
-
-
233,650
-		 Restricted
£
-
5,000
4,560
-		 2023 Total
£
-
5,000
4,560
-
-
304,671		 246,642
239		 246,642
-
304,910
31,593		 9,560
-		 9,560
31,593
304,671 246,881 551,552
31,593		 9,560 41,153

15

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

Staff costs (Note 6)
Consultancy fees
Audit and accountancy
Adminstration expenses
Grants to institutions (note 4)
Bank & foreign exchange charges
Fundraising costs
Support costs
Governance costs
Total expenditure 2024		 Raising funds
£
-
-
-
-
-
-
47,109
47,109
12,731
1,509
61,349		 Projects
£
-
21,620
-
-
295,150
-
-		 Governance
Costs
£
-
-
7,547
-
-
-
-		 Support
Costs
£
46,600
-
-
16,964
-
89
-		 2024
Total
£
46,600
21,620
7,547
16,964
295,150
89
47,109
316,770
7,547
50,922
-
6,038
(7,547)		 63,653
435,079
(63,653)
-
-
-
373,730
-		 - 435,079

3b Total resources expended (prior year)

Staff costs (Note 6)
Consultancy fees
Audit and accountancy
Adminstration expenses
Grants to institutions (note 4)
Bank & foreign exchange charges
Fundraising costs
Support costs
Governance costs
Total expenditure 2023		 Raising funds
£
-
-
-
-
-
-
10,810
10,810
9,083
160
20,053		 Projects
£
-
2,481
-
-
10,000
-
-		 Governance
Costs
£
-
-
800
-
-
-
-		 Support
Costs
£
38,588
-
-
6,778
-
50
-		 2023
Total
£
38,588
2,481
800
6,778
10,000
50
10,810
12,481
800
36,333
-
640
(800)		 45,416
69,507
(45,416)
-
-
-
49,454
-		 - 69,507

16

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

4 Grant making

§
§
Independent Examiners remuneration (excluding VAT):
Examination fee
Staff costs and numbers
Staff costs were as follows:
Salaries and wages
Social security costs
Total emoluments paid to staff were:
Staff pension costs
Safe Spaces Project
Net income for the year
Emergency relief in Gaza (Teacher Creativity Center)
Wellbeing for teachers & children in Palestine
Total grants for the year
Safe Spaces – Psychological First Aid Support for Children in Gaza
Cost
This is stated after charging:
Operating lease rentals:
Property		 2024
Grants to
institutions
2023
Grants to
institutions
£
£
6,626
-
-
10,000
220,538
-
67,986
-		 2024
Grants to
institutions
2023
Grants to
institutions
£
£
6,626
-
-
10,000
220,538
-
67,986
-
295,150
10,000
2024
£
6,811
2,250		 2023
£
2,796
-
2024
2023
£
£
44,500
36,750
2,100
1,838
-
-
46,600
38,588
44,500
36,750

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

The total employee benefits including pension contributions of the key management personnel were £44,100 (2023 £38,588).

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 £4,224 (2023 £nil). There were no other related party transactions

8 Taxation

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

17

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

For the year ended 31 July 2024
9
Debtors: amounts falling due within one year		 For the year ended 31 July 2024
9
Debtors: amounts falling due within one year
10
11
12
At 1 August
2023
£
897
5,000
-
-
-
-
4,560
Total restricted funds
10,457
Unrestricted funds:
2,892
13,349
Supporting mental health of children
impacted by the war on the Gaza Strip
Provision of a school library & teacher
training for Wadi Aljouz Girl's School
Kindergarten teachers in Community
music and music making methods
Net assets at 31 July 2024
Net assets at 31 July 2023
Net current assets
Safe Spaces – Psychological First Aid
Support for Children in Gaza (Cycling 4
Zakat - food support for Gaza
Restricted funds:
General funds
SEL/Safe Spaces Project
Education Gaza -Wellbeing for teachers &
children in Palestine
Movements in funds (current year)
Analysis of net assets between funds (current year)
Net current assets
Accruals
Analysis of net assets between funds (prior year)
Trade creditors
Creditors: amounts falling due within one year
Accrued income
Prepayments
HMRC (PAYE/NI)
Salaries		 Income &
gains
£
-
-
7,992
5,000
239
233,650
-		 General
unrestricted
£
120,262		 2024
2023
£
£
304
304
23,315
20,000
23,619
20,304
2024
2023
£
£
10,961
1,108
2,307
2,307
220,538
24,159
233,806
27,574
Restricted
£
9,560		 Total funds
£
129,822
120,262
9,560		 129,822
General
unrestricted
£
2,892		 Restricted
£
10,457		 Total funds
£
13,349
2,892 10,457
13,349
Expenditure
& losses
£
(6,626)
-
(7,992)
-
(239)
(301,913)
-		 Transfers
£
5,729
(5,000)
-
-
-
68,263
-		 At 31 July 2024
£
-
-
-
5,000
-
-
4,560
10,457 246,881 (316,770) 68,992 9,560
2,892 304,671 (118,309) (68,992) 120,262
13,349 551,552 (435,079) - 129,822

~~1~~ 8

Ajyal Foundation for Education

Notes to the financial statements

For the year ended 31 July 2024

Movements in funds (prior year)

Movements in funds (prior year)
Total restricted funds
Unrestricted funds:
SEL Project
Kindergarten teachers in Community
Education Gaza -Wellbeing for teachers &
children in Palestine
Restricted funds:
General funds		 At 31 July
2022
£
897
-
10,000		 Income &
gains
£
-
5,000
4,560		 Expenditure
& losses
£
-
(10,000)		 Transfers
£
-
-
-		 At 31 July 2023
£
897
5,000
4,560
10,897 9,560 (10,000) - 10,457
30,806 31,593 (59,507) - 2,892
41,703 41,153 (69,507) - 13,349

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:

following periods:
14
Related
party (Yes
or No)
2024
2023
2024
2023
£
£
£
£
No
124,347 -
64,527
-
Cycling 4 Gaza
Funds received as agent
Amount paid out
Less than one year
One to five years
Amount received
Description /
name of party		 2024
2023
£
£
661
254
-
-
Property
661 254
2024
£
59,820
Balance held		 2023
£
-
at period end

15 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.

19