## **Trustees’ Annual Report for the period** **From Period start date:** 1 April 2024 **To Period end date:** 31 March 2025 ## **Charity name: Refugee Employment Network** ## **Charity registration number: 1196168** ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the
purposes of the
charity as set out in
its governing
document|Para 1.17|The objects of the Refugee Employment
Network CIO as set out in our governing
document:
3.1.1. the relief of unemployment and
underemployment of Beneficiaries, by:
a. the provision of effective vocational and
skills training, advice and support, both to
Beneficiaries and, more commonly, the third
parties with which they come into contact,
including without limitation local authorities,
central government departments, non-
governmental organisations, prospective
employers and charities;
b. the provision of advice and guidance to
employers seeking to train and recruit
Beneficiaries; and
c. the dissemination, to local authorities,
central government departments, non-
governmental organisations, prospective
employers, charities and any other relevant
organisation, of guidance and best practice
regarding employment and self-employment
as they affect Beneficiaries;
3.1.2. to advance the education and training of
Beneficiaries and in each case their
dependants, so as to advance them in life and
enable them to adapt and thrive within a new
community;| 1 |||3.1.3. to advance the education of employers
and the general public around issues relating
Beneficiaries, in order to better enable such
Beneficiaries to build their lives in the United
Kingdom; and
3.1.4. to relieve financial hardship amongst
Beneficiaries, particularly by the provision of
legal and practical advice and guidance
relating to employment and self-employment;
and
3.1.5. the relief of unemployment generally, in
each case for the public benefit.
"Beneficiaries" means (a) individuals who have
at any time been granted legal refugee status
in any country who are resident in the United
Kingdom, (b) individuals granted leave to
remain in the United Kingdom having fled
conflict, persecution or any other actual or
potential humanitarian crisis in another
country, (c) to the extent such individuals are
permitted to work in the United Kingdom,
those seeking asylum in the United Kingdom,
and (d) individuals who hold British citizenship
but who have met one or more of these
criteria in the past.| |---|---|---| |Summary of the
main activities in
relation to those
purposes for the
public benefit, in
particular, the
activities, projects
or services
identified in the
accounts.|Para 1.17
and 1.19|At the Refugee Employment Network (REN),
our mission is to ensure that all refugees in the
UK can access appropriate, fulfilling, and paid
employment. Rebuilding a life in a new country
is challenging; we make rebuilding a career
easier. REN is the UK’s national network
dedicated exclusively to refugee employment.
The three key pillars of REN’s strategic focus
and activities are:
**1.Equitable Access to Employment**
**Resources and Opportunities:**Connecting
refugees and employers with essential
guidance, tools, resources, and opportunities
for sustainable employment in the UK.
**Activities:**
We connect refugees to job opportunities and
employers and employers to a skilled,
motivated displaced talent through:| 2 **Refugee Jobs Board -** The Refugee Employment Network (REN) is the UNHCR’s UK partner in their network of European Refugee Employment Platforms. The Refugee Employment Platform initiative has been designed in collaboration with partners and refugees across Europe to enhance employment prospects for forcibly displaced people. REN’s Jobs Board features live job vacancies from employers spanning industry and sectors, connecting refugee job seekers with employers. **Mentoring programmes** Our mentoring programmes focus on addressing the under employment and unemployment of professionals, looking to rebuild their career in the UK. We work with partners to match qualified and skilled refugees with mentors working in equivalent roles and industries. We also work with employers and industry bodies, to identify, understand and remove or lower barriers to specific professions for refugee professionals. **Job Fairs** We work with local and regional members in the Refugee Employment Network to codesign local/regional job fairs that connect refugee job seekers directly with local employers and live vacancies and employment support from local refugee support organisations. We also connect local and regional employers to a refugee talent pipeline and provide training in creating inclusive hiring practices for refugees. **2. Systemic Change & Collective Impact:** Collaborating with our network and across sectors, including refugee charities, industry bodies, businesses, employers, and local authorities we share best practices and work together to advance refugee employment through joint initiatives. **Activities: We strengthen the refugee employment ecosystem through: Partnerships with network members** to pilot refugee employment initiatives that improve employment outcomes for refugees and work 3 locally and regionally to co-design refugee employment opportunities. **Convene Network Meetings** Bringing together network members to share best practice, insights and share solutions and challenges around refugee employment. These including online bi-monthly meetings, member welcome sessions and issue specific groups **Network Newsletters** We share news, insights, reports, opportunities and live vacancies and programmes with our network via the REN Newsletter **Refugee Employment Summit** We run an annual Refugee Employment Summit, bringing together key stakeholders including employers, businesses, policy makers, local authorities, charities and displaced people to share learning, build partnerships and connections and leave with practical actions they can implement. **3. Employer Education, Guidance & Best Practice** We advance employer understanding and share evidence-based guidance on refugee employment, to better enable refugees, and asylum seekers with the right to work to rebuild their lives in the United Kingdom. **Activities: Training for employers, HR and talent professionals** We provide training, advice and practical guidance for employers, hiring managers and business leaders on implementing inclusive recruitment and employment practices for refugees **Roundtables and shared learning** We convene employers, industry bodies, local authorities, charities and other partners to share learning, guidance and best practice on refugee employment, supporting consistent and effective approaches across sectors. 4 |||**Dissemination and public education**
We work with industry publications, media
and partners to disseminate evidence,
guidance and case studies that improve
understanding of refugee employment among
employers and the wider public, supporting
more informed dialogue and practice.
**Delivering public benefit through our work**
Access to meaningful employment offers
forcibly displaced people hope, dignity, and
the chance to rebuild their lives after fleeing
war, conflict, or persecution. By supporting fair
access to career opportunities and removing
barriers that can limit the potential of displaced
talent, REN helps refugees participate fully in
society and contribute their skills and
experience. Economic inclusion reduces
reliance on public resources while
strengthening community connections and
social cohesion.
By enabling refugees to enter the workforce in
roles that reflect their abilities, REN also
supports employers to benefit from a wider
range of talent, increase workplace inclusion,
and address key labour shortages. These
outcomes create advantages for individuals,
businesses, local communities, and the wider
UK economy.
Our network of almost 400 members,
including businesses, local authorities,
education providers, and refugee
organisations, ensures our impact reaches
across sectors and communities. The key
activities delivering public benefit include:
● Enabling the economic and social inclusion
of refugees
● Fostering greater inclusion and diversity in
workplaces across industries.
● Advancing the broader public interest by
reducing unemployment and
underemployment among refugees and
strengthening community cohesion.| |---|---|---| |Statement
confirming whether
the trustees have
had regard to the
guidanceissued by|Para 1.18|The Trustees have referred to the guidance
contained in the Charity Commission's
guidance on public benefit when reviewing the
Charity's aims and objectives and in planning| 5 the Charity its activities. The Trustees have specifically Commission on considered how the Charity’s activities deliver public benefit identifiable public benefit in line with its purposes. ## **Additional information (optional)** ## You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant
making|Para 1.38|| |Policy on social
investment
including program
related investment|Para 1.38|| |Contribution made
by volunteers|Para 1.38|This marks the fourth year of partnership
between EY and the Refugee Employment
Network. A cornerstone of this collaboration is
the support provided by EY volunteers. During
the financial year, we had a team of EY
volunteers support our REN organisational
development, day to day operations, events
and one full-time secondee between April
2024 - July 2024 who contributed to the
operational running of REN in lieu of paid staff
prior to ourCEO joiningin July2024.| |Other||| ## **Achievements and Performance** SORP reference 6 |Summary of the
main achievements
of the charity,
identifying the
difference the
charity’s work has
made to the
circumstances of
its beneficiaries and
any wider benefits
to society as a
whole.|Para 1.20||**1.Equitable**
**Access**
**to**
**Employment**
**Resources and Opportunities:**
We supported**1447 refugees and people**
**who have been forcibly displaced**looking to
enter employment and find meaningful work
through our job fairs, mentoring programme
and employment initiatives.
**Jobs Fairs**
Refugee Jobs Fairs are a key activity we
deliver across the UK, designed specifically
around the needs of refugee job seekers to
ensure each event is relevant, accessible and
welcoming. We convene local members of our
network to form organising committees and
work collaboratively to plan and deliver each
fair. These events give refugees direct access
to employers with live vacancies across a
range of sectors, as well as tailored support to
navigate barriers to employment. They also
demonstrate the strength of REN’s network
model, bringing together local organisations,
government bodies and businesses to deliver
place-based solutions.
This year, working with our partners, we
delivered five Jobs Fairs in**Aberdeen,**
**London, Belfast, Bristol and Glasgow**.
Across these events, we engaged:
● **1,083 job seekers**
● **102 employers**
● **35 refugee support organisations**
● **29 network partners**involved in local
organising committees
Employers reported engaging with an
average of**63 job seekers per event**. The
attendance of the Lord Mayor of Belfast and
the Lord Mayor of Bristol signalled strong
civic support for the economic and social
inclusion of refugees in both cities. These
events strengthened local and regional
partnerships and demonstrated the collective
impact achieved when organisations work
together to reach more employers, engage
more refugees, and share best practice
across sectors.
**Mentoring**| |---|---|---|---| 7 |We
launched
two
Refugee
Mentoring| |---| |Programmes
designed
to
address
the| |underemployment of highly skilled refugee| |professionals seeking to re-enter their careers| |in the UK but facing significant barriers. These| |programmes matched 25 mentees with 25| |mentors working in equivalent roles, providing| |industry guidance to strengthen CVs and| |applications,
build
interview
confidence,| |expand professional networks, and gain a| |clearer understanding of UK recruitment| |practices within their profession.| |In partnership with Business in the| |Community, we delivered a mentoring| |programme with the Royal Household,| |training**27 Royal Household staff**in| |mentoring approaches tailored to supporting| |displaced professionals. We matched**17**| |**refugees with 17 mentors**working in| |equivalent professions for example,| |accountants, HR specialists, IT professionals| |and marketing leads ensuring relevant,| |industry-specific support for mentees.| |Mentees were referred through REN’s| |national network, ensuring they had ongoing| |holistic support alongside specialist career| |guidance from mentors.| |**Impact**| ● **100% of mentees reported professional growth** and significantly higher levels of confidence in job searching and career planning following the programme. ● Networking capacity strengthened with **66%** reporting strong professional networks by programme end. ● **100% gained a deeper understanding** of the UK job market, recruitment processes and how to present their experience effectively to employers. ● **73% left the programme with a clear career direction** , compared with 10% at the start. ## **Mentee feedback:** “The mentor sessions were successful; I found my first job in the UK and have now been working for three months. It was the most useful programmeof my 8 life. Thank you so much for the support.” **Mentee feedback:** “My mentor helped me refine my CV and prepare for interviews, but most importantly, to believe in my own skills and experience. I finally secured my dream job.” We also launched the **Refugee Engineer Mentoring Pilot Programme** in partnership with the Engineering Council. The programme received over 70 applications from professional engineers from the Institute of Civil Engineers, from which we trained and matched **8 mentors with 8 mentees** , pairing them by engineering specialism. Several mentors brought lived experience of forced displacement and rebuilding their careers in the UK, adding significant value to the programme. The pilot will run until **October 2025** . Mentors were strongly motivated not only to support refugee engineers to re-establish their careers in the UK, but also to help ensure their skills, expertise, and professional experience are recognised and contribute to the UK engineering sector. As one mentor explained: “I can imagine the difficulties individuals are facing when it comes to adapting to a new environment and a new employment market. I would like to contribute to help professionals bridge the gap, and hopefully manage to settle in and continue building their career so they do not have to compromise their passion and profession and be able to utilise their expertise” **Refugee Jobs Board** The Refugee Employment Network (REN) is the UNHCR’s UK partner within their network of European Refugee Employment Platforms. This initiative has been developed in collaboration with partners and refugees across Europe to strengthen employment opportunities for forcibly displaced and stateless people. 9 ||We focused on assessing and strengthening| |---|---| ||the potential of technology to improve| ||employment outcomes for refugees in the| ||UK. We worked with EY to undertake a full| ||digital audit and review to identify areas for| ||improvement, inform the development brief| ||for the next phase, and shape an income| ||strategy to support its transition into the UK’s| ||**Refugee Employment Marketplace**.| ||With organic engagement alone and no| ||active marketing or promotion during the| ||year, employers posted**160 roles**, and| ||refugee job seekers submitted**392**| ||**applications**, an average of two applications| ||per applicant. These engagement figures| ||demonstrate clear demand and validate the| ||platform’s potential ahead of the next stage| ||of development.| ||**2. Systemic Change & Collective Impact:**| ||**Strengthening the network**| ||The Refugee Employment Network’s priority| ||this year was to grow engagement and| ||strengthen the profile and impact of our| ||network.| ||This year we strengthened our understanding| ||of the network by completing a detailed| ||membership audit with support from EY. The| ||process reviewed all existing members,| ||removed inactive and duplicate entries, and| ||categorised organisations by sector and| ||industry. REN records**351 active member**| ||**organisations during this period**, reflecting| ||all organisations with confirmed member| ||status after excluding duplicates, closed| ||organisations, and rejected applications. Of| ||our updated**351 active members,**61% are| ||private
sector
organisations,
23%
are| ||charities and non-profits (including refugee| ||support
organisations),
14%
are
local| ||authorities or government bodies, and 3% fall| ||into other public or regulated sectors. This| ||enhanced insight has strengthened our| ||outreach and engagement and is helping us| ||tailor our support more effectively to the| ||needs of organisations across the network.| 10 ||This year we**strengthened local and**| |---|---| ||**regional partnerships**by working with| ||members in**Aberdeen, London, Belfast,**| ||**Bristol and Glasgow**to deliver Refugee Jobs| ||Fairs tailored to each area’s employment| ||landscape and refugee communities. By| ||convening local and regional employers,| ||refugee
support
organisations,
local| ||authorities and DWP, we supported more| ||joined-up, cross-sector working and helped| ||partners reach far more employers and| ||refugee job seekers than they could alone.| ||REN’s role as a convener continues to build| ||collective impact, enabling local and regional| ||networks to share best practice, deepen| ||collaboration and improve outcomes for| ||refugee communities locally and across the| ||UK.| ||**3. Employer Education, Guidance & Best**| ||**Practice**| ||**Refugee Employment and Mentoring**| ||**Forum**| ||**REN convened the Refugee Employment**| ||**and Mentoring Forum at Buckingham**| ||**Palace**, supported by our longstanding| ||partner EY. The forum**brought together**| ||**over 100 business and industry leaders**| ||from across sectors to increase| ||understanding of refugee employment and to| ||share evidence, learning and best practice.| ||The event provided a structured space for| ||employers and organisations to explore| ||practical approaches to improving| ||employment outcomes for refugees in the| ||UK. Discussions focused on common| ||challenges faced by employers, including| ||understanding employment rights and| ||responsibilities, navigating security clearance| ||processes, recognising overseas| ||qualifications, and supporting language| ||development. Participants also considered| ||practical actions that organisations can take| ||to improve recruitment and retention| ||practices.| 11 Speakers with lived and professional experience shared insights that helped deepen employer understanding of refugee experiences, while also highlighting the skills and expertise refugees bring to the UK labour market. **Dissemination and public education** REN supported public education and awareness by contributing evidence and case studies to national media coverage on refugee employment issues. During the year, we worked with The Guardian to support an article highlighting the employment challenges faced by Ukrainian refugees due to uncertainty around visa extensions. The article included case studies from refugees involved in REN programmes, helping to ensure accurate representation of lived experience and to improve public understanding of the barriers refugees can face when seeking work. ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements
against objectives
set|Para 1.41|| |---|---|---| |Performance of
fundraising
activities against
objectives set|Para 1.41|The fundraising objective for the year was to
secure multi-year and core support to lay
strong foundations for REN’s growth, impact
and long-term sustainability as a new
charity. This objective was achieved.
During the year, we received the second
instalment of a three-year grant from**This**
**Day Foundation**, originally secured in the
previous financial year. This funding
supported organisational capacity and
enabled the appointment of the charity’s
first member of staff.
We also received project funding from the
**Evan Cornish Foundation**to support
Refugee Job Fairs in the Northwest and
North Eastof England, deliveredin| 12 |||partnership with local and regional members
of REN.
In addition, we secured two years of
organisational development support from
the**Lloyds Bank Foundation**and were
awarded a three-year unrestricted grant
from the**Rayne Foundation**in March 2025,
with grant payments commencing from April
2025.
Together, these outcomes demonstrate
strong performance against fundraising
objectives and reflect growing external
confidence in REN’s work, strengthening the
charity’s financial resilience and capacity to
plan for long-term impact.| |---|---|---| |Investment
performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the
charity’s financial
position at the end of
the period|Para 1.21|For the financial year 2024–2025, REN
received total income of £63,422, primarily
from trusts and foundations, along with
£800 in donations and £700 in earned
income. This represents a decrease from
£95,109 in the prior year, reflecting the
planned reduction of a key multi-year grant
that decreases year on year over its three-
year term.
Expenditure increased as we invested in
leadership capacity through the recruitment
of REN’s first part-time CEO. This resulted
in a surplus of £36,028 for the period,
reflecting the timing of grant income
received in advance of planned delivery,| |---|---|---| 13 |||which will be applied to costs in the next
financial year.
**Unrestricted reserves grew**from £26,321
to**£58,157,**representing approximately five
months of running costs and remaining
within the charity’s reserves policy target of
three to six months. These reserves position
the charity to continue strengthening
organisational capacity, extend impact, and
grow the reach of the network, while
managing a challenging fundraising
environment, rising costs, and increasing
demand for services.
Restricted funds at year end totalled
£84,572. The year-end balance reflects the
timing of expenditure, including £53,291
relating to CEO salary costs accrued in the
year and settled after the year end.| |---|---|---| |Statement explaining
the policy for holding
reserves stating why
they are held|Para 1.22|The trustees of the Refugee Employment
Network (REN) recognise the importance of
maintaining reserves to ensure financial
stability and safeguard the charity’s ability to
meet
its
obligations,
particularly
in
unforeseen circumstances. REN aims to hold
reserves equivalent to three to six months of
operating
costs.
Our unrestricted reserves are currently
sitting within this. These reserves provide
essential protection for core services, staff
salaries, and operational continuity during
periods of income fluctuation.
To achieve and maintain this target, the
trustees employ careful financial planning,
income
diversification,
and
prudent
expenditure management. This includes
securing
multi-year
grants,
expanding
corporate partnerships, and developing new
income streams such as paid training and a
charging model for the Jobs Board.
Reserves are monitored monthly, reviewed
at Board meetings every 6-8 weeks, and any
year-end surplus is allocated to reserves
until the target level is met.| 14 |||| |---|---|---| |Amount of reserves
held|Para 1.22|**Total reserves £142,726,**including
**£58,157 unrestricted**reserves and
**£84,572 restricted**reserves.| |Reasons for holding
zeroreserves|Para 1.22|| |Details of fund
materiallyindeficit|Para 1.24|| |Explanation of any
uncertainties about
the charity
continuing as a
going concern|Para 1.23|The trustees are satisfied that the charity
will continue to be a going concern for the
foreseeable future.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |The charity’s principal
sources of funds
(including any
fundraising)|Para 1.47|We successfully secured a three-year grant
from This Day Foundation to employ our
first member of staff, who will also serve as
CEO. Jenny Walton joined REN as Chief
Executive in July 2024.
We received project funding from the Evan
Cornish Foundation to support Refugee
Jobs Fairs in the North West and North East
of England, in partnership with local and
regional members of REN.
We secured two years of organisational
development support from the Lloyds Bank
Foundation, provided in the form of tailored
organisational development support rather
than a financial grant.
We were awarded a three-year unrestricted
grant from the Rayne Foundation, with grant
payments covering the period from April
2025 to March 2027.| |---|---|---| |Investment policy and
objectives including
any social investment
policy adopted|Para 1.46|| |||| 15 |A description of the
principal risks facing
the charity|Para 1.46|| |---|---|---| |Other||| 16 ## **Structure, Governance and Management** |Description of
charity’strusts:||| |---|---|---| |Type of governing
document
(trust deed, royal
charter)|Para 1.25|Charitable Incorporated Organisation
constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection
methods including
details of any
constitutional
provisions e.g.
election to post or
name of any person
or body entitled to
appoint one or more
trustees|Para 1.25|New Trustees will be appointed by the
Board when and if the need arises. All
new trustees have to be approved by the
Board of Trustees.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and
procedures adopted
for the induction and
training of trustees|Para 1.51|Training and induction of trustees is
undertaken as needed, including
safeguarding training and an introduction
to the REN’s policies, including
Safeguarding Policy.| |---|---|---| |The charity’s
organisational
structure and any
wider network with
which the charity
works|Para 1.51|| |Relationship with any
related parties|Para 1.51|| |Other||| 17 ## **Reference and Administrative details** |Charityname|RefugeeEmployment Network| |---|---| |Other name the
charityuses|| |Registered charity
number|1196168| |Charity’s principal
address|54 Crewys Road, London, NW2 2AD| |**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**| |---|---|---| |Janice Lopatkin|Chair|| |Douglas Ridley|Treasurer|| |Akeela Ahmed||| |Nour Eddin Al Talli||| |Elizabeth Bowles||| |Sally Bailey||| |Charlie Fraser||| 18 Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for**
**whole year**|| |---|---|---| |||| |||| |||| |||| |||| |||| 19 **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** **Name of chief executive or names of senior staff members (Optional information)** Jenny Walton, Chief Executive Officer ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** 20 **Declarations** ## **The trustees declare that they have approved the trustees’ report above.** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** 21 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** Charity Name **members of** Refugee Employment Network **On accounts for the year** 31/03/25 **Charity no** 1196168 **ended (if any) Set out on pages** 1 and 2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/03/25** . - **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Date:** 23/01/26 **Signed: Name:** FJ Wilde **Relevant professional** FCCA DChA **qualification(s) or body (if any): Address:** 4 Marigold Drive Bisley Surrey GU24 9SF 1 **October 2018** **IER** **Charity Name No (if any) Refugee Employment Network 1196168 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 01/04/2024 31/03/2025 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**58,450**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**58,450**
**-**
**-**
**-**
**58,450**
**6,250**
**21,144**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**27,394**
**-**
**-**
**-**
**27,394**
**31,056**
**-**
**27,101**
**58,157**|**Restricted**
**funds**
**to the nearest £**
**4,972**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,972**
**-**
**-**
**-**
**4,972**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**4,972**
**-**
**79,600**
**84,572**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**63,422**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**63,422**
**-**
**-**
**-**
**63,422**
**6,250**
**21,144**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**27,394**
**-**
**-**
**-**
**27,394**

**36,028**|**Total funds**
**to the nearest £**
**63,422**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**63,422**
**-**
**-**
**-**
**63,422**
**6,250**
**21,144**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**27,394**
**-**
**-**
**-**
**27,394**

**36,028**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Donations and legacies|**58,450**|||||**95,109**| |Charitable activities|**-**|||||**-**| |Other|**-**|||||**40,000**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**58,450**|||||**135,109**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_**
**A3 Payments**||||||| |||||||**135,109**| |||||||| |Raisingfunds|**6,250**|||||**5,424**| |Charitable activities|**21,144**|||||**27,784**| |Other|**-**|||||**40,000**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_ **|**27,394**|||||**73,208**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**73,208**| |||||||| ||**31,056**|**4,972**|**-**|
**36,028**||**61,901**| ||**-**|**-**|**-**|**-**||**-**| ||**27,101**|**79,600**|**-**|**106,701**||**44,800**| ||**58,157**|**84,572**|**-**|**142,729**||**106,701**| CCXX R1 accounts (SS) 23/01/2026 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|_J. Lopatkin_
Signature
**Details**
**Details**
Metro account
CAF account
PayPal
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**54,872**
**84,572**
**2,330**
**-**
**955**
**-**
**58,157**
**84,572**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Souleiman Lazrak
Janice Lopatkin|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Souleiman Lazrak|22/01/2026| ||_J. Lopatkin_|Janice Lopatkin|**23/01/2026**| CCXX R2 accounts (SS) 23/01/2026 2