Trustees. Annual Report for the period Period start date Period end date 'fear From Year 2025 Augdst To 31st July Section A. Triist¥JR£f*enc& and @dministrab"on details Charity name London Education Foundation -s charity is known by Registsred ¢harity number (rfany) 1189000 Chaiity's principal address 28 Portland Place i London Postcode W1B 1LY Names of the charity trustees who manage the charity Trusteè name Dates acted if not forwlKile Office lif any) Chaimian Name of person lor body) er]titJed oirrt tru¥tee ifan Board decision Dr Lawrence James Watson Salmafauziah Zainal hole year Company Secretary ole year Board decision lan Pirie Founder Trustee Whole year Board decision Profosgor Chr,stopher John Haslam Trustee 2.9.2024 to 31.7.2025 Board decision 10 12 13 14 15 1 16 17 18 19 20: TAR March 2012 Names of the trustees for the charity. if any, (for example. any custodian trustees) Name Dates acted if not for whole ear Names and addresses of advrsers (Optional irrfomiation) e of adviser Name Address Legal TC Group 3 Acorn Business Centre, Northarbour. Cosham, Portsmouth P06 3TH Financial Chempney Myets Chartered Certified Accountants & Register#d AiIditors, l Third Floor. Grove House, 55 Lowlands Road, Harrow, HA13AW Charity NCVO Society Building, 8 All Saints Street, London, N1 9RL Name of chief executive or names of senlor staff members {Optional infomwtion) Section B Structure. overnance and mana ement Description of the charity's trusts Articles of Asso￿a￿'0n Type of goveming document How the charity is constituted Company limtted by guarantee Trustee selection methods Appointed by Board of Trustees Additional governance issues (Optional inforniatsonl You may choose to include additional informatiorb. where relevant, about: policies and procedures adopted for the iriduction and training of trustees; the charity's organisational structure and any wder network with which the charity works", relationship with any related parties., trustees, consideration of major risks and the system and procedures to Tnanage them. TAR March 2012 secti.pn C:; Ob ectives and activities The advan￿ment of education for the public benefil by providing full-time and part-time courses of higher education (as defined in Schedule 6 of the Education Refomi Act 1988) governing documont Courses provided: Certificate in Company Secretarial Course Corporate Govemance Qualtfying Programme Summary of the main activities undertaken for the public benefit in relation to these objects {include within this section the statutory declar<. -ti9n that tr';tr' ,,Ys have haj rv£,- r.: Issued t"..i- Cla.-its' CcrnmiSS".on en public r.*1 Additional detail$ of objectives and activities (Optional inforniation) TAR March 2012 You may choose to include further statements, where re5evant, about: policy on grantmaking., policy programme relat investment- contribution made by volunteers. Section D Achievements and performance TAR March 2012 Section D Achievements and performance LEF STRATEGIC REPORT 2025 In the Academic Year 20242025. London Education Foundation ILEFI f-?dinc ?¢ Knri Global continued to develop its mission of both providing excellonce ifj Governance ￿d￿tatIOn and i¥ide,Ti, education on a global basis. g *c-ess TO that Summary of tho main achievements of the charity during the year Studerrts As the aLiality of Its courses became increasingly widely known, almost | entirelii tb.-oL'LTh student ,"eferrals. the student numbers ￿OntinUed to iYcreG>e both from the UK and intemationally from 437 in 2024 to 539 in 2025. ',1 add',tivn, to widening access and enabling more students to achieve qLTelifi2+icns tlay would not have been able to afford to study, the JTber of scholarships given over the year increased from 15 to 29. odas, hen Lhe Foundation teaches 270A of the students preparing for ihe Chartered Governan￿ Instiluie [CGIUK and associated territoriesl exams with online delivery supporting this growth and our studenls pass rates exceed the national oass rate by 110A. Flnancials .4s a result, t'..e tncome of the Foundation increased from £379k to £425k '11I4ile 2xoend':ture increased from £515k to £531 k reducing the trading d-fjclt frow f135k to £105k and so by £30k, which is a small improvement. CGsh rs- -¢ was funded in bolh years by donations held in reserve and the -?erveti have decreased from t621k to £578k. 'eadii "Lha financial positlDn has improved. LEF is not fully sustainable 'iJ.'Ihotr, dcn2t-:cns. but ;h.e Trustees aim is to continue to reduce the deficit t￿ Lh.E point where donations are no longer needed and reserves rr2int2iped: as quickly as possible. SJstairL3bili achieva ':ong term sustainability the Foundation has a number of 'r."t5at'.￿eS_ '.0 =ortinue to inc*ase its income organically which it is achieving, bir the qiialty of tts courses resulting in increasing student numbers each ',Itik.e 2rd I id,:. bil developiD.c cCurS￿$ with for example a Masterfs gree .7 Governan￿ from the University of Essex vglidated in October "?1 and '.a' lknhing in g-tober 2025. Pi?rnent maTketing initiatives wrth podcasts on topics ttriese students as well as publishing data on student success nd ivodd prize v.iinners_ A neiv Marketing man.ager has been te.J tJ davelop ar.d help implerr.ent a marketing plan. TS V..1 I ".tre- be supplemented by rneetings with employers to Ii'.-.derstard and then help satisfy their staff requiremeTr.ts. A new -.TplJsy ran-. L"'aison Officer has been employed TO develop industry wide . d +her. wth thos* inttiatives, the Foundation will be self- -8+2',ii.-, J Y5 ye2r ?326 ano iiijl, redu-e the need for donations in bi ncrtli UIIL g to r-dU￿ the Lr2ding deficit and SD maintaining the rasb. reseryes. stJrie TAR March 2012 Section E Financial review The policy is to maintain reserves to a minimum of one year's expenditure. Brief ststement of the charity's policy on reserves Details of any fvnds materially in deficlt Further financial reviww details (Optional infomiation) You may choose to include additional information, where relevant about.. the charity's principal sources of fLfinds (including any fundraisinE.I', how expenditure has supported the key objectives of the charity- investment po icii a- objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trus Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Salmafauziah Zainul Secretary Date 26 May 2026 TAR March 2012 Registered number 11368559 LONDON EDUCATION FOUNDATION Report and Accounts 31 July 2025 LONDON EDUCATION FOUNDATION Registered number: 11388559 Directors. Report The directors present their report and xcounts for the year ended 31 July2025. Principal actlvltles The companys principal actrvÉty during the year continued to be that of operating a Charty prowding higher education. Directors The followng persons seNed as directors durng the year. MrlRPirie Ms S Zainul Dr L J Walson Small Company provl$lons This report has been prepared in ￿ordanCe ￿th the provisiorts in Part 15 of the Companies Act 20(￿ appltcable to ccffipanies Subl￿t to the small companw regime. This re￿t was approved by the bo*d on 13 March 2026 and signgd on rts behalf. MrlRPirie Diredor /6W Pitie lan FlrE IApr 29. 2026 16."02".00 GMT+11 LONDON EDUCATION FOUNDATION Profit and Loss Aecount for the year ended 31 July 2025 2025 2024 Tumover 425,715 379.705 Cost of sales {66,2991 198.836) Gross profit 359,416 280.889 Administrative expenses licomp. frorn Donations 1464,774) 36,816 (416,371} 211,508 Operating Il¢)ssyprofrt {68.5421 76,000 Interest receivable 11.304 10,975 (Lossllprofit before taxalion (57,238) 86.975 Tax on Ilossljprofft {Lossllprofit for the financial year 157,238} 86,975 LONDON EDUCATION FOUNDATION Registered number: 11368559 Balance Sheet as at 31 July 2025 2025 2024 Current assets Debtors Cash at bank and in hand 71,741 578.722 650.463 63,028 621.241 684,269 CreditOTS." amounts falling due within one year 162.786) 139.3541 Net current assets 587.677 644,915 Net assets 587.677 644,915 Capital and re5erwe5 Profrt and loss account 587,677 644,915 Reserves 587.677 644,915 Th8 directors are satisfied that the c(xnpany i8 Wtttled to exemption from the requirement to obtain an audtt under sectK)n 477 of the c￿npan￿S Act 20¢￿. The merntEr5 have not required the c(¥nparry to ct*tain an audit in *eordance sertion 478 of the Act. The direclot5 aCknO￿edge their re5FNJnsibilities for complw.ng with the requirements of the Companies Act 20C6 with re5peLI to accounting r￿l￿S 8lld the preparation of accourrts. The accounts have been prepared and delNered in a¢¢ordance wth the special provisions applicable to companies subject to the small Gompanies regtme. The piofft arKI k)ss account has not been deltvered to the Registrar of Companies. MrlRPille Director Approved ty the board on 13 March 2026 Ms S Zainul Dr L J Watson 1674 Pikie lan Pine IApr 29. 2026 16'.02".00 W+11 DrL D¥ LJ ￿tstsn IA￿29. 2026 15.'42.16 GMT+1) LONDON EDUCATION FOUNDATION statement of Changes in Equity for the year ended 31 July 2025 Share Shar¢ Profft ¢apttal premium valuation and loss reserve account Total At 1 August 2023 551,940 557,940 Profit for the year 86,975 86,975 At 31 July 2024 644,915 644,915 At 1 August 2024 644,915 644,915 Loss for the financial year (57.238) 157.2381 A: 31 July 2025 587,677 587,677 LONDON EDUCATION FOUNDATION Notes to the Accounts for the year ended 31 July 2025 l Accountlng policies Basis ofprePa￿On The accounts have been prepared under the historical cost Conventic￿ and in accordance FRS 102, The Financi41 Reporting Standard 4>pl￿ble in the UK and Republic of Ireland las applied to small entities by section 1A of the standard). Turnover Tumover is measured at the fair value of the ¢on5ideration r￿&Ve0 or receivable, net OT (iiscounis and value added taxes. Tumover includes revenue eamed from the sale of goods and from the Tendering gf services. Turnover from the sale of goods is recognised when the signfficanl risks and rewards of ownership of the gools have transferred lo the buyer. Turnover from the rendering of servic8s is rÈwnised by reference lo the stage of completion of the contract. The of completion of a contraGt is n7easured by c(Nnparing the costs Incurr￿ for work performed to d*e to the total estimat￿ contract costs. TangiTble fixed assets Tangible r￿ed assets are measuTed at Cost less a¢¢umulatwe depreciation ancl any accumulatkve impaimient bsses_ DeprecEtion ss provkled on all tangible fixed assets. other than freehold land, at rates catculated lo wrrte off the cost. less estim*ed residlsal value. of each asset evenly over its expeGted useful lrfe, as follows". Plant and machinery Fixtures. fittings. tods and equipment 20% on r￿SUcing b8￿nce 20% on roJucing baknce Stocks St¢xks are measured at the lower of cost and eskn"mated selling pri￿ less costs lo compldie 2nd sell. Cost is detemiined using the first in first out melh(Kl. The CA￿￿ng amounL of stock sol¢ IS re¢ognised as an expense in the petic¥J in the ￿lated revenue is recognised. Short temi debtOTS are measured * transaction price (wh￿￿ is usualty the invotr price), less any impaitrnent losses for bad arKI doubtful debts. Loans and other financk41 assets are inrtialty recognised at transaction Pri￿ including any trans&tion costs and subsequen.lv ￿Su,-e¢, amortised cost delemiined USHig the eff￿Ne interest melh¢JJ. less any impaimient Icsses iJ-, and doubtful debts. Credkors Short leim credrtors are measured at transactb)n price {which is usually the invoice pri¢el. Loans and other financial liabilibes are initially recognised at tranS￿tIon Pri￿ net of any transaction costs and subsequently measured at amortBed cost determined tjsing the effective interest method. LONDON EDUCATION FOUNDATION Notes to the Aceounts for the year ended 31 Juty 2025 ent tax liabilty is re¢ognised for the tax payable on the taxable PTofrt of the Current and past ?eriod5. A current tax asset is r￿Danised in respect of a tsx 105S that Can be ¢arried back to recover tax paid in a previous perim2inino tyalance of the liability- Leased assets are depreciated in accordance wrth the policy for tangible fixed assets. If there is no reasonable certainty that ownership wll be ohtainelq at the end of the lease tèm: the asset is deprec¢ated over the lower of the lease term dliQ useful lire. Operatin9 ￿se pa￿nents are recognised as an expense on a straight line basis O%IGf , lie l&.ase term. Ji:J Uution￿ to definecl contribut￿n plans are expens* in the p8ritKI to which they relate. rryployees 2025 Number 2024 Number All￿rG Je r.drribe-, of persons employed by the CL¥npany 3 Debtors 2025 2024 "r.7de debtors Oihe, debtors 71.741 62,578 450 71.741 63,028 LONDON EDUCATION FOUNDATION Notes to the Accounts for the year ended 31 July 2025 4 Credttors: amounts falling due within one year 2025 202.. Tra(Se credfÉors Other credrtors 13,552 49.234 62,786 39.354 39,354 5 Other infomiation LONDON EDUCATION FOUNDATION is a private ccynpany limtted by Guarant* and incorporated in England. Its register￿ Offi￿ is.. 28 Portland Place London W18 1LY Registered number 11368559 LONDON EDUCATION FOUNDATION Report and Accounts 31 July 2025 LONDON EDUCATION FOUNDATION Registered number: 11388559 Directors. Report The directors present their report and xcounts for the year ended 31 July2025. Principal actlvltles The companys principal actrvÉty during the year continued to be that of operating a Charty prowding higher education. Directors The followng persons seNed as directors durng the year. MrlRPirie Ms S Zainul Dr L J Walson Small Company provl$lons This report has been prepared in ￿ordanCe ￿th the provisiorts in Part 15 of the Companies Act 20(￿ appltcable to ccffipanies Subl￿t to the small companw regime. This re￿t was approved by the bo*d on 13 March 2026 and signgd on rts behalf. MrlRPirie Diredor /6W Pitie lan FlrE IApr 29. 2026 16."02".00 GMT+11 LONDON EDUCATION FOUNDATION Profit and Loss Aecount for the year ended 31 July 2025 2025 2024 Tumover 425,715 379.705 Cost of sales {66,2991 198.836) Gross profit 359,416 280.889 Administrative expenses licomp. frorn Donations 1464,774) 36,816 (416,371} 211,508 Operating Il¢)ssyprofrt {68.5421 76,000 Interest receivable 11.304 10,975 (Lossllprofit before taxalion (57,238) 86.975 Tax on Ilossljprofft {Lossllprofit for the financial year 157,238} 86,975 LONDON EDUCATION FOUNDATION Registered number: 11368559 Balance Sheet as at 31 July 2025 2025 2024 Current assets Debtors Cash at bank and in hand 71,741 578.722 650.463 63,028 621.241 684,269 CreditOTS." amounts falling due within one year 162.786) 139.3541 Net current assets 587.677 644,915 Net assets 587.677 644,915 Capital and re5erwe5 Profrt and loss account 587,677 644,915 Reserves 587.677 644,915 Th8 directors are satisfied that the c(xnpany i8 Wtttled to exemption from the requirement to obtain an audtt under sectK)n 477 of the c￿npan￿S Act 20¢￿. The merntEr5 have not required the c(¥nparry to ct*tain an audit in *eordance sertion 478 of the Act. The direclot5 aCknO￿edge their re5FNJnsibilities for complw.ng with the requirements of the Companies Act 20C6 with re5peLI to accounting r￿l￿S 8lld the preparation of accourrts. The accounts have been prepared and delNered in a¢¢ordance wth the special provisions applicable to companies subject to the small Gompanies regtme. The piofft arKI k)ss account has not been deltvered to the Registrar of Companies. MrlRPille Director Approved ty the board on 13 March 2026 Ms S Zainul Dr L J Watson 1674 Pikie lan Pine IApr 29. 2026 16'.02".00 W+11 DrL D¥ LJ ￿tstsn IA￿29. 2026 15.'42.16 GMT+1) LONDON EDUCATION FOUNDATION statement of Changes in Equity for the year ended 31 July 2025 Share Shar¢ Profft ¢apttal premium valuation and loss reserve account Total At 1 August 2023 551,940 557,940 Profit for the year 86,975 86,975 At 31 July 2024 644,915 644,915 At 1 August 2024 644,915 644,915 Loss for the financial year (57.238) 157.2381 A: 31 July 2025 587,677 587,677 LONDON EDUCATION FOUNDATION Notes to the Accounts for the year ended 31 July 2025 l Accountlng policies Basis ofprePa￿On The accounts have been prepared under the historical cost Conventic￿ and in accordance FRS 102, The Financi41 Reporting Standard 4>pl￿ble in the UK and Republic of Ireland las applied to small entities by section 1A of the standard). Turnover Tumover is measured at the fair value of the ¢on5ideration r￿&Ve0 or receivable, net OT (iiscounis and value added taxes. Tumover includes revenue eamed from the sale of goods and from the Tendering gf services. Turnover from the sale of goods is recognised when the signfficanl risks and rewards of ownership of the gools have transferred lo the buyer. Turnover from the rendering of servic8s is rÈwnised by reference lo the stage of completion of the contract. The of completion of a contraGt is n7easured by c(Nnparing the costs Incurr￿ for work performed to d*e to the total estimat￿ contract costs. TangiTble fixed assets Tangible r￿ed assets are measuTed at Cost less a¢¢umulatwe depreciation ancl any accumulatkve impaimient bsses_ DeprecEtion ss provkled on all tangible fixed assets. other than freehold land, at rates catculated lo wrrte off the cost. less estim*ed residlsal value. of each asset evenly over its expeGted useful lrfe, as follows". Plant and machinery Fixtures. fittings. tods and equipment 20% on r￿SUcing b8￿nce 20% on roJucing baknce Stocks St¢xks are measured at the lower of cost and eskn"mated selling pri￿ less costs lo compldie 2nd sell. Cost is detemiined using the first in first out melh(Kl. The CA￿￿ng amounL of stock sol¢ IS re¢ognised as an expense in the petic¥J in the ￿lated revenue is recognised. Short temi debtOTS are measured * transaction price (wh￿￿ is usualty the invotr price), less any impaitrnent losses for bad arKI doubtful debts. Loans and other financk41 assets are inrtialty recognised at transaction Pri￿ including any trans&tion costs and subsequen.lv ￿Su,-e¢, amortised cost delemiined USHig the eff￿Ne interest melh¢JJ. less any impaimient Icsses iJ-, and doubtful debts. Credkors Short leim credrtors are measured at transactb)n price {which is usually the invoice pri¢el. Loans and other financial liabilibes are initially recognised at tranS￿tIon Pri￿ net of any transaction costs and subsequently measured at amortBed cost determined tjsing the effective interest method. LONDON EDUCATION FOUNDATION Notes to the Aceounts for the year ended 31 Juty 2025 ent tax liabilty is re¢ognised for the tax payable on the taxable PTofrt of the Current and past ?eriod5. A current tax asset is r￿Danised in respect of a tsx 105S that Can be ¢arried back to recover tax paid in a previous perim2inino tyalance of the liability- Leased assets are depreciated in accordance wrth the policy for tangible fixed assets. If there is no reasonable certainty that ownership wll be ohtainelq at the end of the lease tèm: the asset is deprec¢ated over the lower of the lease term dliQ useful lire. Operatin9 ￿se pa￿nents are recognised as an expense on a straight line basis O%IGf , lie l&.ase term. Ji:J Uution￿ to definecl contribut￿n plans are expens* in the p8ritKI to which they relate. rryployees 2025 Number 2024 Number All￿rG Je r.drribe-, of persons employed by the CL¥npany 3 Debtors 2025 2024 "r.7de debtors Oihe, debtors 71.741 62,578 450 71.741 63,028 LONDON EDUCATION FOUNDATION Notes to the Accounts for the year ended 31 July 2025 4 Credttors: amounts falling due within one year 2025 202.. Tra(Se credfÉors Other credrtors 13,552 49.234 62,786 39.354 39,354 5 Other infomiation LONDON EDUCATION FOUNDATION is a private ccynpany limtted by Guarant* and incorporated in England. Its register￿ Offi￿ is.. 28 Portland Place London W18 1LY