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## Ajyal Foundation for Education
Report and financial statements
For the year ended 31 July 2025
**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**
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## Contents
For the year ended 31 July 2025 Reference and administrative information ........................................................................................................... 2 Trustees’ annual report ......................................................................................................................................... 3 Independent examiner’s report ......................................................................................................................... 12 Statement of financial activities (incorporating an income and expenditure account) ..................................... 13 Balance sheet ..................................................................................................................................................... 14 Statement of cash flows ..................................................................................................................................... 15 Financial statement notes .................................................................................................................................. 16
**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**
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## _Ajyal Foundation for Education_
## _Reference and administrative information_
## _For the year ended 31 July 2025_
|**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**|England & Wales||
|**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||
||Emma Holyoake|Appointed 11th April 2025|
||Sonia Boulos|Resigned15th September 2025|
||Tariq Addam Fedda|Resigned1st May 2025|
||Kanwal Abdulhameed|Resigned17th October 2024|
|**Advisory Board**|Advisors do not have any formal legal responsibilities. The advisors who only offer||
||advice and support are|as follows:|
||Kanwal Abdulhameed|Advisor, former trustee and co-founder|
||Jasr Kawkby|Advisor, former trustee and co-founder|
||Toufic Haddad|Advisor, former trustee and co-founder|
||Najat Armaly|Advisor, former trustee and co-founder|
||Sonia Boulos|Advisor, former trustee and co-founder|
||Selma Dabbagh|Advisor|
||Neil Serougi|Advisor|
||Terry Webber|Advisor|
|**Key Management**|Emma Holyoake|Chair of Trustees|
||Awatef Sheikh|Co-founder and CEO|
||Peter Treganna|Head of Finance|
||Maria Laguna|Head of HR and Operations|
|**Bankers**|The Co-operative Bank|p.l.c.,|
||P.O. Box 101, 1 Balloon Street,||
||Manchester M60 4EP.||
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The trustees present their report and the financial statements for the year ended 31 July 2025.
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 FRS 102.
## **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**
Improve access to context-rooted mental health support Improve the quality and the overall educational environment at all levels of education. Support the education of children with special needs and/or disabilities. 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:
- To relieve poverty and advance the education of disadvantaged people by providing and supporting educational and training initiatives regardless of gender or faith.
- To further such other exclusively charitable purposes according to the law of England and Wales as the Trustees in their absolute discretion from time to time determine.
To achieve its objectives, the Foundation works to improve access to high quality, innovative and research-led 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 Nations 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 the context of war, violence and displacement, where we have focused our key programming.
## **Statutory Declaration**
The Trustees have complied with their duty under Section 17 of the Charities Act 2011, as amended to have due regard to the public benefit guidance published by the Charity Commission PB1, PB2, and PB3.
The Ajyal Foundation for Education’s vision is to contribute to breaking the cycle of poverty and inequality faced by many Palestinian citizens in the occupied Palestinian territories. The Foundation believes strongly that access to education is the key to making this vision a reality.
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## **How we work**
Our work is based on partnership and collaboration with local organisations 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 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 Education’s 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.
The Trustees meet to govern and monitor the progress of the Charity at least twice 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 a 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 2024-2025. 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 Heads of Finance and HR. The work of the CEO is overseen by the Trustees.
## **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 movement and visits, by a representative of the Foundation. For sustainability of projects’
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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.
## **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:
- **Funding Dependency:** As a charity operating in a complex humanitarian context, Ajyal Foundation is exposed to the risk that income becomes concentrated in a small number of sources, whether institutional donors, grant-making bodies, or major individual supporters. Dependency on any single funding stream creates vulnerability: a change in donor priorities, a reduction in grant budgets, or a shift in the geopolitical landscape affecting humanitarian giving could materially impact the Foundation’s ability to sustain its programmes. This risk is heightened by the nature of Ajyal’s work in Gaza, where the urgency and scale of need often outpace the availability of restricted funding, and where the unpredictability of operating conditions makes multi-year funding commitments difficult to secure.
**Mitigation:** The trustees are actively working to broaden and diversify the Foundation’s income base, with a particular focus on growing public fundraising as a more sustainable and resilient source of unrestricted income. During 2024–25, significant progress was made in this area. The trustees recognise that growing public fundraising takes time and sustained investment and are committed to continuing to develop this area – including through repeat sports events, expanded cultural programming, online visibility and engagement, and the cultivation of a broader individual donor base – so that the Foundation’s work is increasingly underpinned by a diverse and resilient funding mix.
- **Programme Delivery in Volatile Operating Environments.** Ajyal operates primarily in Gaza, one of the most challenging and unpredictable humanitarian environments in the world. Rapidly shifting security conditions, destroyed infrastructure, large scale population displacement, and access restrictions mean that planned activities may be disrupted, delayed, or require significant redesign at short notice. This creates a material risk that funds are not utilised in the manner originally intended, that programme objectives cannot be met within agreed timeframes, or that resources committed to a specific intervention cannot be deployed effectively due to circumstances entirely outside the Foundation’s control. For donors with restricted funding conditions, this presents particular challenges, and for the trustees, it raises important questions of accountability, stewardship, and programme integrity.
**Mitigation:** The Foundation addresses this risk through a combination of close operational oversight, first-hand contextual knowledge, and an embedded culture of flexibility and rapid adaptation. Ajyal maintains active, ongoing communication with its team and partners on the
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ground in Gaza, enabling early identification of emerging obstacles and timely adjustments to planned activities. This proximity to the reality on the ground – including an intimate understanding of the political, social, and logistical landscape across Gaza, the wider Palestinian territories, and the region – allows the Foundation to make informed decisions quickly and with confidence. Rigorous programme monitoring and follow-up processes are in place to track the utilisation of funds and the progress of activities against intended outcomes, with regular updates to the trustees and donors. Crucially, Ajyal has adopted a flexible working ethos as a core operational principle: rather than treating programme plans as fixed, the Foundation actively expects and prepares for the need to adapt, pivot, or redesign interventions in response to fast-changing realities.
## **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 the 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, the Foundation’s staff will record it digitally and discuss with our trustees to review.
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.
## **Summary of Main Activities**
Following the outbreak of war in Gaza in October 2023, Ajyal Foundation made the decision to pause all of its programmes and activities and redirect its full efforts and resources towards supporting displaced children and their families in Gaza. This was a deliberate and considered response to an overwhelming humanitarian need – one that fell squarely within the Foundation’s charitable mission and for which its existing networks, partnerships, and first-hand knowledge of the Palestinian context uniquely positioned it to act. Since that time, the Foundation has continued to prioritise support for displaced children in Gaza as its primary focus, whilst beginning a gradual and measured resumption of UK-based activities, most notably through the Cultural Programme.
Throughout this period, the trustees and management have continuously assessed the most effective and responsible approach to supporting the Foundation’s target communities, particularly in light of the evolving humanitarian situation in Gaza and the practical constraints of offering support during an active war. This ongoing strategic assessment led to a deliberate decision to structure the Foundation’s Gaza programming across three distinct but complementary tiers.
First, the Foundation maintains a continuing Emergency Support Interventions Programme to meet the most acute and immediate needs of displaced children – providing essentials such as food, clothing, and hygiene supplies that are foundational to survival and welfare.
Second, alongside emergency relief, Ajyal delivers Short-Term Interventions designed to offer sustained support that goes beyond immediate crisis response – including education and psychosocial support – ensuring that displaced children retain access to care and learning amid the destruction of Gaza’s education system and infrastructure.
Third, the Foundation continues to actively work on long-term interventions intended to lay the groundwork for sustainable impact and to enable swift, well-prepared responses to the urgent needs and gaps that will emerge in the post-war period. This three-tier approach reflects the trustees’
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conviction that meaningful support for children in Gaza requires not only immediate relief but a commitment to being present, prepared, and responsive across the full arc of the war and its aftermath.
Throughout the 2024–25 fiscal year, this framework guided the Foundation’s work in practice. Designing and supporting the implementation of interventions and projects in an environment of active war and continuous displacement demanded exceptional flexibility and agility. Ajyal’s deep, first-hand knowledge of conditions on the ground in Gaza and the region enabled it to continuously adapt its interventions, responding to rapidly shifting circumstances and ensuring that support was always driven by actual community need rather than predetermined programming.
## **Emergency Support Interventions**
In the most acute phase of displacement, Ajyal delivered targeted emergency distributions to address immediate survival needs. These interventions were planned and revised in close consultation with local partners and guided by emerging needs of displaced communities, allowing the Foundation to pivot swiftly as access to supplies, safe access routes, and the continuous displacement of those in need required regular assessment and adjustments.
These emergency interventions delivered vital, lifesaving relief during horrific circumstances. This aid included distributing winter clothing and blankets to 4,000 displaced individuals and providing specialized warm clothing kits to 150 child cancer patients. Additionally, the support delivered fresh vegetables for 25,859 meals and supplied hygiene kits to 7,311 people, including dedicated female health packs.
## **Short-Term Interventions: Psychosocial Support and Education**
Alongside emergency relief, Ajyal sustained its psychosocial support (PSS) and educational programmes, adapting delivery models to the realities of displaced populations living in displacement camps and shelters.
Psychosocial Support: Ajyal’s PSS programme reached 2,132 people – including 1,830 children and 278 parents – across four centres in Deir el-Balah. In a context where every child has experienced profound loss, displacement, and exposure to violence, access to structured psychosocial support is not supplementary – it is foundational to children’s capacity to learn, relate, and recover.
Education: Ajyal supported education for children across 17 community-led, grassroots educational initiatives spanning North Gaza, Central Gaza, and South Gaza. These locally owned efforts are a testament to the extraordinary resilience of Palestinian educators and community members who have maintained a commitment to learning even in the most extreme circumstances. During 2024–25, these initiatives were run by 193 teachers and supported the education and mental welfare of 4,601 students, bringing the cumulative total to 9,921 students supported to date.
Shelter Educational Forums and Safe Toilets: To create safe and functional learning environments within displacement shelters, Ajyal established seven classrooms supporting the continuing education of 900 children and constructed five safe toilet facilities serving 1,120 children.
## **Long-Term Intervention: Trauma-Responsive Manuals**
Ajyal’s most significant long-term investment during this fiscal year has been the development of a suite of pioneering, context-rooted trauma-informed education and mental health manuals. This project grew from the Foundation’s Safe Spaces programme, which was redesigned following the escalation of the war in 2023. Recognising that conventional psychosocial frameworks are not adequate for communities surviving genocide, Ajyal convened an expert team to develop resources grounded in Palestinian cultural references, lived experience, and the specific psychological presentations seen in Gaza’s children.
Three manuals are in development and are expected to be completed and ready for publication in 2025/26:
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- **From Guilt to Duty of Survival** : A full manual for psychologists and community workers offering a new approach to psychological collapse interventions in Gaza. It draws on symbolic play, story-based tools, and local cultural references, and includes guidance on working with physically injured children, engaging parents, and using evaluation as a learning tool.
- **Pocket Field Manual** : A simplified, mobile-friendly version of the full manual, designed for use in shelters, clinics, and informal settings, offering ready-to-use tools and session structures adapted for frontline workers.
- **Teaching with Care – Play-Based and Trauma-Informed Education** : A practical guide for educators integrating trauma-informed and play-based pedagogy, using interactive methods including role play, storytelling, and games to support children’s academic achievement and psychological well-being simultaneously.
These manuals represent a significant contribution not only to Ajyal’s own programming in Gaza but to the broader field of trauma-responsive education and mental health support for children affected by experiences of war, loss and displacement.
## **UK-Based Cultural and Fundraising Programmes**
In parallel with its Gaza operations, Ajyal gradually resumed and expanded its UK-based cultural programme, which featured a number of sold-out film screenings and grew its community of supporters through sporting events.
## **Key Achievements During the Year**
The trustees are pleased to report on the following key achievements during the year ended 31 July 2025:
Despite operating under extraordinarily challenging conditions – an active genocidal war with damaged infrastructure, restricted access, and continually shifting population movements – Ajyal Foundation delivered meaningful impact across every one of its programme areas during 2024–25.
Emergency interventions reached a total of 17,084 people during the fiscal year;
Psychosocial support programmes served 2,132 beneficiaries; shelter-based classrooms and safe toilet facilities created safer, more dignified learning environments for a further 2,020 children.
One of the most significant achievements of the year – and a powerful demonstration of Ajyal’s ability to sustain and grow meaningful programming even in the most extreme circumstances – is the continued expansion of education through community-led initiatives. Across 17 locations in North, Central, and South Gaza, Ajyal supported grassroots educational programmes that provided continuous, structured learning to displaced children who would otherwise have had no access to education. Far from being a short-term emergency measure, this programme has proved enduring and scalable: Ajyal continued to support and expand these initiatives well into 2026, and the number of children benefiting has doubled since the programme’s inception. This trajectory – growing reach during an active war, through community-owned models – reflects Ajyal’s core conviction that local knowledge, trust, and leadership are the most resilient foundations for meaningful support. It is a particular source of pride that the Foundation has been able to grow this programme at a time when so many other forms of support have contracted or ceased entirely.
In the United Kingdom, Ajyal successfully re-introduced its cultural programme and is working on expanding it further.
## **Performance Against Objectives**
The 2024–25 year presented conditions that no programme planning process could have fully anticipated. As the war in Gaza intensified and the humanitarian situation deteriorated, Ajyal continuously reviewed and revised its interventions to ensure they remained responsive and appropriate. Rather than adhering rigidly to pre-set targets, the Foundation operated with the agility
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that emergency contexts demand – pivoting resources towards the most urgent needs while sustaining its longer-term commitments in education and mental health support.
## **Future Plans**
Ajyal continues to expand its programmes supporting displaced children in Gaza with a focus on education and mental health, while offering pioneering, context-rooted approaches relevant to the lived experiences of Palestinian communities, particularly in Gaza, but across the wider region. The most immediate priority is the completion and publication of the three Trauma-Responsive Manuals. These resources, developed by an expert team over more than a year, will fill a critical gap in support for child survivors of the genocide in Gaza, and have the potential for wider application across waraffected contexts regionally.
In Gaza, Ajyal will continue to offer emergency support interventions as needed and will maintain and expand its educational and mental health support for displaced children guided as always by the evolving needs on the ground. The Foundation is acutely aware that the situation in Gaza will continue to shift in unpredictable ways and remains committed to maintaining the agility and responsiveness that has characterised its work throughout this period.
The Foundation has expanded its cultural programme linking UK-based projects with overseas initiatives and artists.
The trustees recognise that working in Gaza presents ongoing and potentially intensifying challenges. Funding unpredictability, access constraints, partner capacity, and the psychological toll on both beneficiaries and frontline workers are all areas of concern that Ajyal monitors closely and addresses through its programme design, support structures, and partnership relationships. The Foundation’s greatest asset in navigating these uncertainties is its deep embeddedness in the communities it serves – a presence and a trust that cannot be replicated by organisations without such first-hand knowledge.
## **Financial Review**
Since October 2023, the work on all UK projects was paused and efforts and resources were shifted to support children in Gaza. Since October 2023, the Foundation has raised over £1,463,000 for interventions supporting thousands of displaced children and their families in Gaza via its Emergency Support Interventions for Children in Gaza.
Total income for the year was £991,737, compared with £551,552 in 2024, an increase of approximately 80%. In addition, the charity recognised a foreign exchange gain of £261.
Total expenditure for the year was £493,552, of which £406,686 was applied directly to charitable activities. 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 £132,105. Due to the ongoing and unpredictable nature of the situation in Gaza the Unrestricted funds as at the year-end were higher than previously projected. In 2025/26 it means that interventions providing aid to Gazans can be made quickly as the month-to-month situation changes.
The Foundation maintains a lean operational structure, with the aim that the majority of resources reach our partners in the field.
Overall the results for the year exceeded the budget.
## **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 streams for income from fundraising including donations from the general public, events and public fundraisers, Trusts and Foundations, and individual donors.
The Foundation plans its fundraising in advance having a 12-month view of cash flow.
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As at the year end the actual free reserves of the charity were £147,047. The trustees aim to maintain free reserves sufficient to allow the charity’s core operations and committed projects to continue for approximately six months if all significant funding sources were to cease, and to permit an orderly wind-down if necessary. The trustees have agreed that for the coming year such reserve should be set at £95,000, this being based on the projected overheads for the charity for the wind-down period. Actual free reserves exceeded this amount by £52,047. This amount will allow the Foundation to consider new projects both in the UK and Gaza in the year ahead.
The Foundation’s balance sheet has net current assets of £628,268. 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, the CEO, the Heads of Finance and HR & Operations to be the leading 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 2024/2025. In her capacity as the Chief Executive Officer, she is accountable for the performance of the Foundation’s employees 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 the Foundation continues to grow.
The key management includes the Chair of the Board of Trustees, the CEO, and the Heads of Finance and HR & Operations. All trustees give of their time freely and no trustee received remuneration or expenses in the year 2024/25. The financial year began and ended with three full-time employees and four part-time associates who are self-employed. The trustees approve the charity’s remuneration framework and the remuneration of the chief executive. Other staff remuneration is determined within that framework by the chief executive and head of HR, with reference to responsibilities, affordability and appropriate market benchmarks.
## **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:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
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.
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In so far as the trustees are aware:
- There is no relevant financial information of which the charitable company’s independent examiner is unaware
- The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information.
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 31st July 2025 was 3. 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 as at 31 July 2026 and signed on their behalf by
Emma Holyoake Chair of Trustees
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## **Independent Examiner’s Report to the Directors and Members of Ajyal Foundation for Education for the year ended 31 July 2025**
I report to the trustees on my examination of the financial statements of Ajyal Foundation for Education (the charitable company) for the year ended 31[st] July 2025.
## **Responsibilities and basis of the report**
As the charity’s trustees (who are also directors of the company for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the financial statements of the charitable 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 financial statements 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**
Since the company’s gross income exceeded £250,000, I confirm that I am qualified to undertake the examination by being a 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 in connection with the examination giving me cause to believe that in any material aspect:
- accounting records were not kept in respect of the charitable company as required by section 386 of the Companies Act 2006
- the financial statements do not accord with those accounting records; or
- the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirements that the financial statements give a ‘true and fair’ view, which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice: 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 financial statements to be reached.
## **Hannah Flook**
**Chartered Accountant Member of the Institute of Chartered Accountants for Scotland (ICAS) Egia Financial Limited Summit House, 4-5 Mitchell Street, Edinburgh, EH6 7BD 31 July 2026**
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Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
## Ajyal Foundation for Education
> Statement of financial activities (incorporating an income and expenditure account)
For the year ended 31 July 2025
|Note
Income from:
2b
2a
3a & 3b
12
Reconciliation of funds:
Gains on foreign exchange
Transfers
Net movement in funds
Total funds brought forward
Total funds carried forward
Donations and legacies
Charitable activities
Net (expenditure)/income before other
recognised gains and losses
Other projects
Raising funds
Total expenditure
Charitable activities
Projects (inc research)
Bank Interest
Total income
Expenditure on:|Unrestricted
£
667,282
-
4,231|Restricted
£
101,355
218,869
-|2025
Total
Unrestricted
£
£
768,637
304,671
218,869
-
4,231
-|2025
Total
Unrestricted
£
£
768,637
304,671
218,869
-
4,231
-|Restricted
£
239
246,642
-|2024
Total
£
304,910
246,642
-|
|---|---|---|---|---|---|---|
||671,513|320,224|991,737
304,671||246,881|551,552|
||86,866
146,178
-|-
260,508
-|86,866
61,349
406,686
56,960
-
-||-
316,770
-|61,349
373,730
-|
||233,044|260,508|493,552
118,309||316,770|435,079|
||438,469|59,716|498,185
186,362||(69,889)|116,473|
||261
(147,945)|-
147,945|261
-|-
(68,992)|-
68,992|-
-|
||290,785
120,262|207,661
9,560|498,446
117,370
129,822
2,892||(897)
10,457|116,473
13,349|
||411,047|217,221|628,268
120,262||9,560|129,822|
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.
13
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
## Ajyal Foundation for Education
## Balance sheet
|Balance sheet||||
|---|---|---|---|
|As at 31 July 2025||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
Designated funds
General funds|£
£
£
£
63,334
23,619
628,100
340,009
691,434
363,628
63,166
233,806
628,268
129,822
628,268
129,822
217,221
9,560
264,000
102,462
147,047
17,800
411,047
120,262
628,268
129,822
2025
2024|||
||||129,822|
||||9,560
102,462
17,800|
||||120,262|
||||129,822|
For the year ending 31st July 2025 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 31/07/2026 and signed on their behalf by
Emma Holyoake Trustee
14
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
## Ajyal Foundation for Education
## Statement of cash flows
For the year ended 31 July 2025
|Note
£
£
498,446
116,473
(as per the statement of financial activities)
Gains from foreign exchange
(261)
-
Interest income
(4,231)
-
(Increase)/decrease in debtors
(39,715)
(3,315)
Increase/(decrease) in creditors
(170,640)
206,232
283,599
319,390
4,231
-
4,231
-
287,830
319,390
340,009
20,619
628,100
340,009
Analysis of cash and cash equivalents
At 1 August
2024
Cash flows
Other
changes
At 31 July
2025
£
£
£
£
Cash at bank and in hand
340,009
287,830
261
628,100
Total cash and cash equivalents
340,009
287,830
261
628,100
Cash flows from operating activities
Net cash provided by / (used in) investing activities
Net cash provided by / (used in) operating activities
2025
2024
Cash flows from investing activities:
Dividends, interest and rents from investments
Net income/(expenditure) for the reporting period
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|Note
£
£
498,446
116,473
(as per the statement of financial activities)
Gains from foreign exchange
(261)
-
Interest income
(4,231)
-
(Increase)/decrease in debtors
(39,715)
(3,315)
Increase/(decrease) in creditors
(170,640)
206,232
283,599
319,390
4,231
-
4,231
-
287,830
319,390
340,009
20,619
628,100
340,009
Analysis of cash and cash equivalents
At 1 August
2024
Cash flows
Other
changes
At 31 July
2025
£
£
£
£
Cash at bank and in hand
340,009
287,830
261
628,100
Total cash and cash equivalents
340,009
287,830
261
628,100
Cash flows from operating activities
Net cash provided by / (used in) investing activities
Net cash provided by / (used in) operating activities
2025
2024
Cash flows from investing activities:
Dividends, interest and rents from investments
Net income/(expenditure) for the reporting period
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|Note
£
£
498,446
116,473
(as per the statement of financial activities)
Gains from foreign exchange
(261)
-
Interest income
(4,231)
-
(Increase)/decrease in debtors
(39,715)
(3,315)
Increase/(decrease) in creditors
(170,640)
206,232
283,599
319,390
4,231
-
4,231
-
287,830
319,390
340,009
20,619
628,100
340,009
Analysis of cash and cash equivalents
At 1 August
2024
Cash flows
Other
changes
At 31 July
2025
£
£
£
£
Cash at bank and in hand
340,009
287,830
261
628,100
Total cash and cash equivalents
340,009
287,830
261
628,100
Cash flows from operating activities
Net cash provided by / (used in) investing activities
Net cash provided by / (used in) operating activities
2025
2024
Cash flows from investing activities:
Dividends, interest and rents from investments
Net income/(expenditure) for the reporting period
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|Note
£
£
498,446
116,473
(as per the statement of financial activities)
Gains from foreign exchange
(261)
-
Interest income
(4,231)
-
(Increase)/decrease in debtors
(39,715)
(3,315)
Increase/(decrease) in creditors
(170,640)
206,232
283,599
319,390
4,231
-
4,231
-
287,830
319,390
340,009
20,619
628,100
340,009
Analysis of cash and cash equivalents
At 1 August
2024
Cash flows
Other
changes
At 31 July
2025
£
£
£
£
Cash at bank and in hand
340,009
287,830
261
628,100
Total cash and cash equivalents
340,009
287,830
261
628,100
Cash flows from operating activities
Net cash provided by / (used in) investing activities
Net cash provided by / (used in) operating activities
2025
2024
Cash flows from investing activities:
Dividends, interest and rents from investments
Net income/(expenditure) for the reporting period
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|Note
£
£
498,446
116,473
(as per the statement of financial activities)
Gains from foreign exchange
(261)
-
Interest income
(4,231)
-
(Increase)/decrease in debtors
(39,715)
(3,315)
Increase/(decrease) in creditors
(170,640)
206,232
283,599
319,390
4,231
-
4,231
-
287,830
319,390
340,009
20,619
628,100
340,009
Analysis of cash and cash equivalents
At 1 August
2024
Cash flows
Other
changes
At 31 July
2025
£
£
£
£
Cash at bank and in hand
340,009
287,830
261
628,100
Total cash and cash equivalents
340,009
287,830
261
628,100
Cash flows from operating activities
Net cash provided by / (used in) investing activities
Net cash provided by / (used in) operating activities
2025
2024
Cash flows from investing activities:
Dividends, interest and rents from investments
Net income/(expenditure) for the reporting period
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|
|---|---|---|---|---|
|||||319,390
-
319,390
20,619|
||At 1 August
2024
£
340,009||||
|||||340,009|
|||Cash flows
£
287,830||At 31 July
2025
£
628,100|
||340,009|287,830|261|628,100|
Excluded from the total cash at bank held at the year end is £84,886. These funds are held as agent on behalf of C4G - see note 14
15
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
Notes to the financial statements
For the year ended 31 July 2025
- 1 Accounting policies
- a) Statutory information 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
- b) Basis of preparation
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.
- 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 recognition Income is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured reliably.
Income is deferred where the charity does not have entitlement at the reporting date because conditions attached to the income remain unfulfilled. Conditions are distinguished from restrictions imposed by a donor as to the purposes for which funds may be used. Donor restrictions do not prevent recognition of income where the recognition criteria have otherwise been met.
- Income received in advance of the charity becoming entitled to it is deferred and recognised as a creditor until the relevant conditions have been met.
Donations & legacies
- Donations and gifts are recognised when the charity has entitlement to the income, receipt is probable and the amount can be measured reliably.
Donations subject to a donor-imposed restriction are credited to restricted funds. Donations that may be used for any of the charity’s purposes are credited to unrestricted funds.
Where a donor indicates a preference rather than imposing a legally binding restriction, the income is accounted for as unrestricted income. The trustees may designate an equivalent amount for the preferred purpose where appropriate.
## Grants receivable
Grants are recognised when the charity has entitlement to the funds, receipt is probable and the amount can be measured reliably.
Where a grant is subject to conditions that require a specified level of service or output to be delivered, the charity assesses whether those conditions affect entitlement. Income is deferred where the conditions have not been met at the reporting date and the charity does not yet have unconditional entitlement to the grant.
- Where the charity has met the recognition criteria but the grant has not been received by the reporting date, the amount due is recognised as accrued income.
Grants received for a specific purpose are accounted for as restricted funds and are applied only for the purposes specified by the funder.
## Income from charitable activities
Income from charitable activities includes income earned from delivering services and activities that further the charity’s objectives, together with grants receivable for the provision of particular charitable activities.
Income arising from contracts for the supply of goods or services is recognised to the extent that the charity has provided the relevant goods or services at the reporting date. Amounts received in advance of performance are deferred until the charity has fulfilled the relevant contractual obligations.
Performance-related grant income is recognised by reference to the extent to which the specified service, output or performance conditions have been satisfied. Amounts received in advance of satisfying those conditions are deferred.
Non-exchange grants, under which the funder does not receive goods or services of equivalent value in return, are recognised in accordance with the grants receivable policy above.
Where an agreement contains both grant and contractual elements, each component is accounted for according to its
substance.
## Donated goods, facilities and services
Donated professional services and donated facilities are recognised as income, with an equivalent amount recognised as expenditure, when the charity would otherwise have purchased the services or facilities and their fair value can be measured reliably.
Donated goods for use by the charity are recognised at fair value when receivable. Donated goods for distribution to beneficiaries are recognised as income and expenditure when the charity has control of the goods, any conditions associated with the donation have been met, receipt is probable and the fair value can be measured reliably.
Fair value is determined by reference to the price the charity would reasonably have paid in the open market for an equivalent item, service or facility.
The contribution made by general volunteers is not recognised in the financial statements because it cannot be measured reliably. The nature and significance of volunteer support are described in the trustees’ annual report where material.
16
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
Notes to the financial statements
## For the year ended 31 July 2025
- 1 Accounting policies (continued) f) Foreign currencies The financial statements are presented in pounds sterling, which is the charitable company’s functional and presentation currency. Transactions denominated in foreign currencies are translated into pounds sterling using the spot exchange rate at the date of the transaction. Where this is impracticable, an average rate for the relevant period is used, provided that exchange rates have not fluctuated significantly during that period. Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated into pounds sterling using the closing exchange rate at that date. Non-monetary assets and liabilities measured at historical cost in a foreign currency are translated using the exchange rate at the date of the original transaction. Exchange differences arising on the settlement or retranslation of monetary items are recognised in the statement of financial activities in the period in which they arise. Exchange gains and losses are allocated to restricted or unrestricted funds according to the fund to which the underlying transaction or balance relates.
- g) Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
- h) Fund accounting Unrestricted funds
- Unrestricted funds are available for expenditure at the discretion of the trustees in furtherance of the charity’s objectives. Restricted Funds
- Restricted funds are funds subject to specific conditions imposed by donors or arising from the terms of an appeal, which restrict their use to particular purposes. Expenditure that meets the relevant restriction is charged to the appropriate restricted fund. Designated funds
Designated funds are unrestricted funds that the trustees have set aside for a particular purpose. The designation does not create a legally binding restriction and the trustees may amend or remove the designation where circumstances change. Transfers to and from designated funds are recognised when authorised by the trustees. The purpose of each material designated fund and the movements on that fund are disclosed in the notes to the financial statements.
- i) Expenditure and irrecoverable VAT Expenditure is recognised when the charity has a present legal or constructive obligation resulting from a past event, it is probable that settlement will be required and the amount of the obligation can be measured or estimated reliably. Expenditure includes irrecoverable VAT and is reported as part of the expenditure to which it relates. Expenditure is classified under the following activity headings:
- § expenditure on raising funds comprises the costs of generating voluntary income and undertaking fundraising activities; and
- § expenditure on charitable activities comprises the costs incurred in delivering the charity’s programmes and activities in furtherance of its charitable purposes, including grants payable and the associated allocation of support and governance costs.
- j) Grants payable and grant commitments
Grants payable are recognised as expenditure when the charity has communicated an unconditional commitment to provide the grant to the recipient, creating a constructive or legal obligation that the charity cannot realistically withdraw from.
- Where a grant is subject to conditions that are within the charity’s control, the full amount of the grant commitment is recognised when the commitment is communicated to the recipient.
- Where payment of a grant is subject to conditions that are outside the charity’s control, expenditure is recognised only when those conditions have been satisfied.
Multi-year grants are recognised in full when the recipient has a reasonable expectation that it will receive the grant and the charity has no realistic discretion to avoid the commitment. Where the charity retains an unconditional right to cancel future instalments, only the amount that the charity is committed to pay is recognised.
- Amounts due for payment within one year are included within creditors. Amounts due after more than one year are disclosed separately as long-term liabilities, where applicable. Commitments that do not meet the criteria for recognition as liabilities are disclosed as funding commitments where material.
- k) Employee benefits The cost of short-term employee benefits is recognised as expenditure in the period in which the related service is provided.
- A liability is recognised for accumulated untaken annual leave and other short-term compensated absences to the extent that employees have earned entitlement to the benefit at the reporting date and the amount can be measured reliably.
- The liability is measured at the undiscounted amount expected to be paid in settlement, including the related employer’s National Insurance contributions and pension costs where applicable.
- Termination benefits are recognised when the charity is demonstrably committed to terminating an employee’s employment before the normal retirement date or to providing termination benefits as a result of an offer made to encourage voluntary redundancy. The charity operates a defined contribution pension scheme. Contributions payable for the year are charged to the statement of financial activities in the period to which they relate. Any unpaid contributions at the reporting date are included within creditors.
- l) Allocation of support and governance costs Expenditure that relates directly to a particular activity is allocated directly to that activity. Support costs are costs incurred in supporting the charity’s activities as a whole. They include central management, finance, human resources, information technology, premises and general administration costs.
- Support costs are allocated between raising funds and charitable activities on a basis that reflects the use of resources by each activity.
- The principal allocation basis is staff time. Where another basis more accurately reflects resource use, costs are allocated by reference to an appropriate measure, such as headcount, floor area, transaction volumes or direct expenditure.
The allocation methods used are reviewed periodically and are applied consistently from year to year. Where the basis of allocation changes, the reason for the change and its financial effect are disclosed where material.
Governance costs comprise the costs associated with the governance and constitutional requirements of the charity. These include the costs of preparing and independently examining the statutory financial statements, trustee meetings, legal advice relating to governance and an appropriate proportion of senior management and administrative costs attributable to governance.
Governance costs are allocated between the charity’s expenditure categories on the same basis as the activities to which they relate or, where this cannot be identified directly, by reference to staff time or another reasonable and consistently applied basis.
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%
17
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
Notes to the financial statements
## For the year ended 31 July 2025
- 1 Accounting policies (continued) m) Funds held as agent The charity may receive and hold funds as an agent on behalf of another organisation or third party. Funds held as agent are not recognised as income, expenditure, assets or liabilities of the charity because the charity does not have beneficial entitlement to the funds and does not control their application for its own charitable purposes.
- Receipts and payments made in the charity’s capacity as agent, together with any balance held at the reporting date, are disclosed separately in the notes to the financial statements.
- Cash held as agent is maintained separately from, or is otherwise identifiable within, the charity’s bank balances and is excluded from cash belonging beneficially to the charity.
Where the terms of an arrangement indicate that the charity has discretion over the use of the funds or is responsible for delivering the associated charitable activity as principal rather than agent, the receipts and related expenditure are recognised in the statement of financial activities.
- n) Operating leases Rental charges are charged on a straight line basis over the term of the lease.
- o) Tangible fixed assets Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation is charged on a straight line basis at 25%.
- p) 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.
- q) 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.
- r) 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.
- s) 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.
- t) 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
Gaza projects (Cycling 4 Gaza)
Training kindergarten teachers in Community
music & music making methods
Ajyal Foundation core costs - programmes &
fundraising (Arab Center)
Provision of a school library & teacher training for
Wadi Aljouz Girl's School
Hygiene kits in Gaza (NSCCT)
Education Through Community-Led Initiatives
(Galilee Foundation)
Safe Spaces – Psychological First Aid Support -
Children in Gaza (Asfari Foundation)|Unrestricted
£
-
-
-
-
-|Restricted
£
99,098
9,771
100,000
10,000
-
-
-|2025 Tota
£
99,098
9,771
100,000
10,000
-
-
-
-|l
Unrestricted
£
-
-
-
-
-
-
-
-|Restricted
£
-
-
-
-
5,000
7,992
-
233,650|2024 Total
£
-
-
-
-
5,000
7,992
-
233,650|
|---|---|---|---|---|---|---|
||-
667,282
-|218,869
20,899
80,456|218,869
688,181
80,456|-
304,671
-|246,642
239
-|246,642
304,910
-|
||667,282|320,224|987,506|304,671|246,881|551,552|
18
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
Notes to the financial statements
## For the year ended 31 July 2025
- 3a Total resources expended (current year)
|Raising funds
£
Staff costs (Note 6)
-
Consultancy fees
-
Independent examination and accountancy
-
Administration expenses
-
Grants to institutions (note 4)
-
Bank & foreign exchange charges
-
Fundraising costs
59,845
59,845
Support costs
26,421
Governance costs
600
Total expenditure 2025
86,866|Projects
£
-
36,294
-
-
262,308
-
-|Governance
Costs
£
-
-
3,000
-
-
-
-|Support
Costs
£
91,074
-
10,000
30,950
-
81
-|2025
Total
£
91,074
36,294
13,000
30,950
262,308
81
59,845|
|---|---|---|---|---|
||298,602
3,000
105,684
-
2,400
(3,000)||132,105
493,552
(132,105)
-
-
-||
||406,686
-||-|493,552|
- 3b Total resources expended (prior year)
|Raising funds
£
Staff costs (Note 6)
-
Consultancy fees
-
Independent examination and accountancy
-
Administration expenses
-
Grants to institutions (note 4)
-
Bank & foreign exchange charges
-
Fundraising costs
47,109
47,109
Support costs
12,731
Governance costs
1,509
Total expenditure 2024
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|
19
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
## Notes to the financial statements
For the year ended 31 July 2025
- 4 Grant making
|Grant making||
|---|---|
|Cost
Teacher Creativity Center - Safe Spaces Project
Teacher Creativity Center - Emergency relief in Gaza
Total grants for the year
Teacher Creativity Center - Safe Spaces – Psychological First Aid Support for Children in
Gaza
Teacher Creativity Center - Trauma Responsive Support|2025
Grants to
institutions
2024
Grants to
institutions
£
£
18,015
6,626
-
220,538
71,893
-
172,400
67,986|
||262,308
295,150|
The Teacher Creativity Center is a Palestinian non-profit, civic education organisation, based in the Palestinian Occupied Territories working to enable stakeholders in the teaching-learning process to achieve safe, stimulating, democratic school environments which embody human rights and civic education values. Emergency relief grants were made via TCC to provide food & clothing to displaced families in Gaza. No grants were made to related parties.
- 5 Net income for the year
This is stated after charging:
|||2025|2024|
|---|---|---|---|
|||£|£|
|Operating lease rentals:||||
|§|Property|12,209|6,811|
|Independent examiner's remuneration (excluding VAT):||||
|§|Examination fee|3,000|2,250|
|6
Social security costs
Total emoluments paid to staff were:
Staff pension costs
Staff costs and numbers
Staff costs were as follows:
Salaries and wages|2025
2024
£
£
86,506
44,500
2,350
2,100
2,218
-|
|---|---|
||91,074
46,600|
||86,506
44,500|
No employee earned more than £60,000 during the year.
The total employee benefits including pension contributions of the key management personnel were £52,100 (2024 £44,100).
The average weekly number of employees (head count based on number of staff employed) during the period was 3 (2024: 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 £478 (2024 £4,224). 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.
- 9 Debtors: amounts falling due within one year
|Debtors: amounts falling due within one year||
|---|---|
|Prepayments
Accrued income|2025
2024
£
£
304
304
63,030
23,315|
||63,334
23,619|
20
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
|Ajyal Foundation for Education|||||
|---|---|---|---|---|
|For the year ended 31 July 2025
Notes to the financial statements|||||
|10
11
Trade creditors
Creditors: amounts falling due within one year
HMRC (PAYE/NI)
Salaries
Net current assets
Net assets at 31 July 2025
Analysis of net assets between funds (current year)
Accruals|Unrestricted
£
147,047|Designated
£
264,000|2025
2024
£
£
314
10,961
1,369
2,307
986
-
60,497
220,538||
||||63,166
233,806||
||||Restricted
£
217,221|Total funds
£
628,268|
||147,047
264,000
217,221
628,268||||
Of the General Unrestricted Funds £264,000 are designated meaning that the charity has committed these funds to future projects & overheads.
|Net assets at 31 July 2024
Net current assets
Analysis of net assets between funds (prior year)|Unrestricted
17,800|Designated
£
102,462|Restricted
£
9,560|Total funds
£
129,822|
|---|---|---|---|---|
||17,800
102,462
9,560|||129,822|
|12
i
ii
iii
iv
v
vi
vii
viii
ix
Total restricted funds
Unrestricted funds:
Provision of a school library & teacher training for
Wadi Aljouz Girl's School
Wellbeing for teachers & children in Palestine
Safe Spaces – Psychological First Aid Support Children
in Gaza (Asfari Foundation)
Food support for Gaza
Education Through Community-Led Initiatives (Galilee
Foundation)
Warm Clothing in Gaza
Gazan projects (C4G)
Designated funds
Restricted funds:
General funds
Hygiene kits in Gaza
Movements in funds (current year)
Ajyal Foundation core costs - (programmes &
fundraising)|At 31 July
2024
£
5,000
-
-
-
-
-
-
4,560
-
|Income &
gains
£
13,711
99,098
9,771
10,000
100,000
7,188
-
80,456|Expenditure
& losses
£
-
(34,882)
-
(71,728)
(18,015)
(71,893)
(63,990)
-
-|Transfers
£
-
21,171
-
61,957
8,015
-
56,802
-
-|At 31 July 2025
£
5,000
-
99,098
-
-
28,107
-
4,560
80,456|
|---|---|---|---|---|---|
||9,560|320,224|(260,508)|147,945|217,221|
||120,262|671,774|(233,044)|264,000
(411,945)|264,000
147,047|
||129,822|991,998|(493,552)|-|628,268|
## Unrestricted funds
General funds are donations and other incoming resources received or generated for the charitable purposes of The Ajyal Foundation for Education. They are expendable at the discretion of the Trustees in furtherance of the charity's objects on projects, research and the overheads of the charity.
## Designated funds
Designated funds represent the value of future commitments to overheads and projects which do not meet the accounting criteria for inclusion as a liability, but which the charity is likely to need to pay out for ongoing current and future projects. £264,000 was transferred from General funds into Designated funds, representing an amount to cover 6 months of overheads in case of an orderly wind-down, and planned emergency interventions in Gaza.
The restricted funds are held for the following purposes:
> i Funds received from the Al Tajir Trust to support the provision of a school library & teacher training for Wadi Aljouz Girl's School (suspended due to the war in Gaza)
- ii Funds raised through donations to provide emergency food to families in Gaza
> iii Received from The Arab Center for Research and Policy Studies to support Ajyal's core costs (programmes & fundraising)
21
Docusign Envelope ID: C72E5F9A-10F2-897E-8326-CB0A3F5CE1AA
Ajyal Foundation for Education
## Notes to the financial statements
For the year ended 31 July 2025
- iv Funds raised through donations to provide hygiene kits to women & girls in Gaza
- v Received from the Asfari Foundation to support psychological first aid for children in Gaza
- vi Received from the Galilee Foundation to support education through community led initiatives in Gaza
- vii Funds raised through donations to provide warm clothing to children in Gaza
- viii Received from the Yaffa Foundation to support wellbeing for teachers & children in Gaza (suspended due to the war in Gaza)
- ix Funds raised through donations via C4G to support socio-emotional wellbeing & metal health of displaced children in Gaza
## Movements in funds (prior year)
|Movements in funds (prior year)||||||
|---|---|---|---|---|---|
|Total restricted funds
Unrestricted funds:
Restricted funds:
General funds
Supporting mental health of children
SEL/Safe Spaces Project
Kindergarten teachers in Community
Education Gaza -Wellbeing for teachers &
children in Palestine
Zakat - food support for Gaza
Provision of a school library & teacher
Safe Spaces – Psychological First Aid|At 31 July
2023
£
897
5,000
-
-
-
-
4,560|Income &
gains
£
-
-
7,992
5,000
239
233,650
-|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|
## 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:
|The charity's total future minimum lease payments under cancellable operating leases is
following periods:|as follows for each of the|as follows for each of the|
|---|---|---|
|Less than one year
One to five years|2025
2024
£
£
1,037
661
-
-
Property||
||1,037|661|
|14|Funds received as agent|Funds received as agent|||||||
|---|---|---|---|---|---|---|---|---|
||||Amount|received|Amount paid out||Balance held at period end||
|||Related|||||||
||Description /
name of party|party (Yes
or No)|2025|2024|2025|2024|2025|2024|
||||£|£|£|£|£|£|
||Cycling 4 Gaza|No
|117,195|124,347|(92,129)|(64,527)
|84,886
|59,820|
During the year, the Ajyal Foundation acted as an agent for C4G by collecting cyclist registration fees through the Ajyal online platform. At the year-end, the Charity held £84,886 under this arrangement. These funds are held within the Charity’s bank account, but the Charity has no beneficial entitlement to them. Consequently, this cash balance is excluded from the cash and cash equivalents asset line on the Balance sheet. There are no further obligations or financial risks associated with this agency arrangement.
## 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.
22