Dowsign En¥¢loF¢10.. 61E3s824A17FF7.èDBE.AD2ADDé861B2 Charfty rng1¥tr4tlon numb•r: 1198443 JAMEEL EDUCATION FOUNDATION UK TRUSTEES'ANNUAL REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
DoDJwgn Enwlop¢ ID.. 61EB3624Al7CffjFF7.BD8E4D2DB86IB2 THE JAMEEL EDUCATION FOUNDATION UK CONTENTS Pag• L¢oal and adminlstratNe infonnation R•port olthe Trustees Indepgndant auditors roport Statement of FinonaalActivths Balanc• Sho•t Cash Fl)w Ststom•nl N¢)t•s to the FInaal Staternonts 10-14
Do¢ussn Envdope ID. 81EB3624A1704FF74D6E.AD2ADD8861B2 THE JAMEEL EDUCATION FOUNOATION UK REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 ¢h•rlty n•m• Th¥ Jame¥l E¢J.0n Found4titsn UK con•t1110n A Charitable IrKorporated Organi8ation R•gl•t•r•d Ch•rlty numbor 1198443 R•yl•t•r•d offlc• o VI1$ Real E$tst¥ 13 B¢rkèby Str•èl London W1J 8DU TnMt••• O Y Jamil M S H Farnswoth A l Bang•• Audltorn Azets Audit Services 2Té Floor. Rogis Hous• 45 King wIllrn Stml London EC4R 9AN
0ot¥wgn Envebpe ID.. 61EB3624-A17ts4FF7.BD8E-A02ADD8861B2 THE JAMEEL EDUCATION FOUNDATION UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustèès Psent their report abng with Ihe finanaal statements of thè chairty for the year ended 31 March 2025. Tha financial statements have been prepared based on the a¢UntIng policies set out in note 2 to the finanaal ststement5 and compty wrth the charity's conslitthon, the Charities Act 2011 and the Ststement of Recommended Pracbce applicable to charitres preparing their accounts in accordance with the Financial Rèporting Standard applicabl8 in the UK and Republ of Ireland. Structure, gov•rnanc• and mnag•m•nt The Foundation Is a regi5tere4 tharity. number 1198443. and was regi$t•rad 30 March 2022 under a ¢on5ttubon dated 7t Septemb8r 2021. The minimurn numbèr of trustees L8 two and the m8xirnum number is seven. Trustees are appointed for a tem) of 3 years by resoluts.on at propedy ¢onvenod meetings of the Trustee5. Trustee rnoetings are held on a quartedy basis atwhKh the minutes of the prewous meeting arè approved", finan$. fundin9 requirements and annual budgets are rewewed". currgnt and add'on& donations arg discussad". and any necessary r•solLrtions a passed. Rl$k management Th• Trustees have n5er8d the majorrisk$towhh the chanty isexposed and have rewewed Ihost risks and established systems and pr(redure$ lo manage thosè risks. Risk manag8mènt of donats.ons received 1$ through r8gular ewS of quarterly cash flow forecasts against the annual budget and contsnual discussn$ wrth the donors. Risk management olinstitutional use of fund5 is addressedthrough regularmmunitatK)n wth the institutK)ns and r)yIn ports on the usè ol donat'ons. Financial rkS ar8 rnanaged through standard a¢cgunb"ng processes. good record keeping and joint signatUS for all payments. Oblectlvg$ and ¢tlvltlo8 lor th• publ1¢ bonefit The Jameel Education Foundation aims to support aspiring Students In the UK and overseas COmptIng their studies In areas such as agn¢utture. horti¢uKure. suentific research. engineering and mediane. During the year the Foundaknon gave mainly postgraduate scholarship$ al a nurnber of Unir$it1es in the UK induding Oxforil, Cambridge. LSE. Cardiff 8n(J at three UnNer3ities in GermanylAustria and a number of Univ$rsth"es In Asia. Gront maklng pollcy The Foundation has èstablished its grant making policy wth the aims of meeting the 8bDve obj•ctive. Thi8 1$ done by partnering wth institution5, discussing the charity's objectives and drawing up agreernents that comply wrth the objective. Flnancial rnvi•w The Trustees hav• reviewe¢J b)e financial ststements for thè year and consider that they rèflèet the grants and d¢aOn$ made dunng the year and note that adtnin1stratVtr costs have been kept to a asOnab level The Foundth"on te7Ved unrestricted donations of £2,023.00012024". ,950.000) dunng th8 Period and generated a net expenditur8 of £380.536 12024 net income of £836,2231. The donations recèived were from Trlated companies under common directorship. All donations made We UnStriCted to be used to moet thè objects ol the Foundation as deemed surtable by the Tru$lee5 R•$•rve8 poII¢y The Trustees review funding for the ¢hority on a quartedy basis and consider that 3 rnontt)s ol resetves with fereThCe to th• annual budget is adequate. At 31 March 2025 the Foundation held total funds of £570.093, all Induded within the unrestricted fvjnd 12024 £950,629, all unrestricted). All reserved Income will be Spent in the next accoun*ng penod. All incomè is spent on grant making activit$. Plans for the future Thè Foundation aims to buikl on its èxisting network and estsblish scholarships aimin9 to benefits students from underprivileged backgrounds. The Foundation wll also continue to fvnd Scholarships to rt has commthents.
Docusign Envelope ID. 61EB362&trA1704FF7-8D8E-AD2AD0886182 ThE JAMEEL EDUCATION FOUNDATION UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2026 St•lernenl of Tnwtse•' re3pon$ibili¢ie8 The trustees are responsible for preparing the Trustsès, Report and the financjal statements In accordance wth applicabK• law and Unrted Kingdorn Accounting Standards Iunited ngdorn GeneraItyAtpted AccountiThJ Practical. The law applicable to charibos sn England and Wales requires the tru5tges to prepare financial statements for each finanaal ya8r which gNe a true and f8ii view of the stste of affairs of the charity and ol the income resources and applicatson of resour of the charity for that period. In prèparing thas• financial statements, the tru5tee5 are required to. SeCl suitaNe accouth.ng policies and than app thom ¢onsistsnUy', Obs• thè rnethods and principks ofthe charit$ SORP.. make judgements and ests"mates Ihat ar• rèasonab and prudtnt," statè whèthèr appIlble 8c¢oiinting Standards have been followed, sulect to any ¢Jepartures disdtss•d and explained In the financial statements., and pr8par• th• financial statèmènts on the going concem ba515 unbss it 1$ inappropriate to presume that the charity will contlnU8 in business. The trustees are responsible for keeping accounting rècords which dis¢bs• wth rea3on8bb accuracy the financial posth.on ol the charrty and enable thèm to ascertsin to ensure that the finanaal staiements ¢omply with the Charities Act 1993. the Charity IAccounts and Report$l Regulations 2008 and the provisions ol the charity's constrtution. They are also ie5ponsible lor safeguarding the assets of the charity and hence for taking reasonable steps for l+)e prevèntion dètectson of the charity and financial Infom)ation Includèd on thè charity's wab$itè. Approved by the trustees on 26 November 2025 and syned on their behalf by $19nDdby.' 8C7A5EFLWB51DF Omar Jamil Trust8e IChaim)anl
00sjn Envdope ID.. 6lEB3824-A1704FF7_BD8E-2ADD888lB2 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE JAMEEL EDUCATION FOUNDATION UK Opinion havè audited the finanval state1Tnts of The Jameel Educatitsn Foundab"on UK (the 'tharitable incorporated organis8tson'l for the year ended 31 March 2025 which comprise the Staternont of Financial ActiWts, the Balance Shoat, the Cash Flow Statemont and notes to the financial statements. indLJding significant accounting policies. The finana81 reporting frarnework that h8s been applied in their preparats"¢)n is applicable law and United Kingdorn AcUntiNj Standards. including Financial Reporbng Standard 102 The Financial Rèporting Standar(l applicable in the UK and Rèpublic of Ireland (United "n9d(M Generally Aepted Ace¢uth"ng Pracb"cel. In our opinion the financial ststèments.. give a true and fair view of the state of the charitabb ineorporated organssal'on's affairs a$ at 31 March 2025, and of the incoming resouT¢SS and appIatiOn ol resources, indudiNJ its income and expenditurè, lor th• year then end•d, have be8n properfy prepared in accordan wth United Kingdom Generally Accept Accountiry Practice.. and have beon prgpar8d in accordance with the requiremènts of the Charib'es Act 2011. Bo$1B for opinion è conducted our audit In accordance with Intemational Standards on Audthr¥J IUKI IISAS IUKII and applicable law. Our r&sponsibilities under those stsndards are fvjrther described in the Auditor's responsibiliti85 for the audrt of the financial statements section of our report. We a independent of chaity In accordance with the ethical requirements that afe relevant tts our audit of the financial statèments In the UK. including the FRC s Ethical Standard. and we h8va lulfilled our other ethical respons1knlrtS In aCrdanCe with th8se reqU1MentS. We believe that the audit 6viden(e we have obt8ined Is sufficient and approprkatè to provide a basis for our opinion. Conclu¥itsns r•latlng to going concèm In audThg the financial statements. we have concluded that the trustees, use of th• going concem basi5 of a¢unting In the preparab'on ofthe finanual ststements is 8ppropri8tè. Basad on the wort we have perfom)ad, we have not identified any material uncertainties relating to events or conditions that. individually or collecbvety, may cast signifitant doubl on the charity's ability to continue as a going concern lor a pènod ol at least fvrfelve months from when the frnancial 5tataments are authorised for i5SU8. Our responsibilrties and Ihg ponsibIlit$ ol Ihe truste85 Wlth SpaCt to goin9 COnM are dèscribad in the relevant section5 of this report Oth•r Inforniation The other information ¢ornprisas the infom)ation induded in th• Trustees, annual report. othèf than the financial statements and our auditor's report thereon. The trustees are sponSIb for the othar InfOa"On contain&l within thè atEnual report. Our opinion on the finanual statements does not Cover the other inforrn8b.on and, except to the extent othorwi5è Èxplicrtly stated in our report. WÈ do not express any forn of assurance conclusion thereon. (Xjr résponsibility is to read the other infomiats.on and. in dging $0. consider whether the otr information Is mat•rially incon51Stent with the financial ststernents or our knowledge obtained in the course of the audit or otheTWiS• appears to be materialty misstated. 11 we identsfy such material inconsistencies or apparent rnaterial Misstat•ments. we are required to detemiine whether this gives rise to a material misstatement In the financial statements thefflsèlves. 11, based on the work we have rfOrmed. we con¢lude that there is a material mi55tatement of this other infomiation, we are rUIred to report that fact. We have nothing to report in this regard. lkntt•fS on whl¢h we rgqulr•d to report by ¢x¢optJon We have nothing to report in respect of the followng matters in relab'on to which the Charthes (Accounts 8nd Rapottsl RegulatlOn5 2008 require us to report to you if. in our opinion.. the inforrnation gNen In the finan¢ial Statements Is Inconsistent in any material rèsptd wrth the trustees, report,. or the charity has not kept adequate accounting word5,' or the finanaal ststemerits are not In agreement with the accounting records and returns.. or we have not rèceived all the information and explanations we requits for our audrt.
DorAJsign Envelope ID." 61E8362M17(HFF7.8D8E-AD2ADD686182 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE JAMEEL EDUCATION FOLINDATION UK R•sponslbiliti•s of trustees As explaine¢J more fully In the trustees. responsibilrts sl8tament. thè trustees are responsiblg for the preparation ol the finanrjal statements and for being satisfied that they give a true and fair view, and for such Internal controls as Iht trust8t5 determine is nècèssary to enable the pieparation of financial statements that are free from matènal misstatement. whether duè to fraud gr error. In pparirn9 the finanual statèmènts. the trustee3 are responsible for assessing the chanty's abilty to continue a5 a going onc8rn, disclosing. as applicable. rnatters related to going coThrn and using the going concèm basi$ of acwunting unless the trustees either intend to liquidate the chanty or to ase operab"ons. or havè no realistic altematwe but to do so. Audltor'l rè#pon¥lbllltles forth• audit of the Ilnancial statsments We have been appointed as au(Jrtor under section 145 of tho Charibas Act 2011 and report in a9rdance wth regulations rnade under section 154 of thatAct. Our 0.CtiVeS are to obtain reasonable assurance about whether the financial ststements as a whole a frèè from material misstatement. whetherdue to fraud orerror, and to issu• an auditor'5 reportthat Include5 ouropinion. Reasonable assurance is a high level ol assurance. but Is not a guaranta6 Ihat an audit conducted In accordance with ISAS IUKI will ahvays deteet matèrial misstatement when it exists. Misstatements Can arise from fraud or •ttor and arè considered material rf. individuamy or in the aggregate. they could reaSonaY be expected to influèncè tha economic deci8it)ns of users taken on the basis ol these finanual statements. A furthèr description of our reSpsIbIlitS is available on the Financial Rtporttng Counc41s website at. htty)s'.I1W4.frc.Org.uk1adrtorssponsIb1IItIe$. This description fom)s part ol our auditor'$ rèp¢rt. Ext•nt to which th• audit was eonsidered capable of detscllng Irregularltle$, In¢ludln9 fraud Irregularities. including fraud. are inslaThS ol non-complian wrth laws and regulations. We dèsvJn prwdures in line with our responsibilities, outlined above and on the Financial Repo"ng Council's Mbsite. to detect material rni$statements in respect of Irregulanties. induding fraLKI. obtain and update our understanding of Ihe entity. its aC'Vits, its control environment. and likely ftjture developments. induding in latiOn to the legal and regulatory framewoth applicable and how the èntsty is complying with that framework. Based on this Understa1r), we identify and assess tha nsks of material tnisstatefflent of the financial ststements, whether due to fraud or error. design and perftsm audit procedures respon51ve to those risks. and obtain audit evidence that 15 s¢jffiCnt and appropriate to provide a basis for our opinion. This includes consideration oltt)e risk ol acts by the ontity that were contrary to applicable laws and gUlatiOns. including fraud. In response to the risk ol Irregulaiitses and non<ompli8n¢e wrth laws and r&Julats'ons. including fraud. we dèsigned pmcaduras which incjuded. Enquiry of management and those charged with govemanee around actual and potèntsal Iib"gabon and Claims as well as actual. suspected and alleged frau¢J." Assessing the extent ol compliance with tha law5 and regulation5 conshlered to have a direct material effect on the financial statements or the operations of the ¢ompany through enquiry and Inspection. Reviewing financial statement disdosures and testing to SL)POrting d¢)cumantation to a5ses5 cLpIlanCe with applicable laws and regulatsons". Perfom)ing audit work ov&r th8 risk of management bias and OVee of controls. including testin9 ofjoumal entries and othèr adiustrnènts for appropriate$. evaluats'ng the business rationale of significant transactions outside the norrnal course of business revwing accountirg estimates lor indicators of pot8ntial bias. Because of the Inherent Iimitsl'ons of an audit, the is a risk that wt will not det8Ct all irregularities, induding those leading to a material misstatement in the financial statsments or non-compliance with regulats'on. This risk in¢aSeS the more that tompliants with a law or regulation Is removed from the events and transaction$ reflected In the financial statements. as we will be less likely to become aware of nstanceS of non-compliance. The risk of not detecting a material mis$tatement reSUng from fraud is higherthan for one SuItIng from error, as fraud may involve collusion. forgery, Intènth)nal omissions. misrepres•ntatsons. or lh• ovèrride of int8rfial control.
DOu19n Envdcg• ID. 61EP38217o4FF7.BD8E.ADlADo888lB2 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE JAMEEL EDUCATION FOUNDAnoN UK U•• of our r•pDrt This report mad• s¢21•ty to the chartys trugtees, 88 è tKéy. in accorfance wilh Part 4 of Iho Chariti'o9 IA¢counts and Reports) Regulation$ 2008. Our audit work has been und•rtak•n so that we rnight state to the ¢harity'$ tN$te•s Ihos• matters we are required to $tat• to th•m in gn alitor's repcrt and ttr no otr purpose. To the fUl$t extent Fermitted by law. we do not aept or 8s$umè r•sponsibility to anyone other than the ¢hanty and the charty s twstees as 8 b)dy. for our •uditwork, for this r•porL or for the opiniong we havo lom)8d. John Howrd IS•nSor stslutory Audltor) For aTrd on behaWofAzets Audlt S•Mc8s Statutory Auditor, Ch8rt¢rèd Aceovntants 2nd Floor. R9gls Hou50 45 Kin9 lILaM Streel London EC4R 9AN D•to Ir 2+>2
OrKu8ign Envelope ID.. 61ÈB3624A17o4FF7.BD8E.AD2D8afjlB2 THE JAMEEL EDUCATION FOUNDATION UK STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 RCH 2025 Unr••trlctsd funds 2025 Unr••lrlctsd fvnd¥ 2024 Note• INCOME D¢rnations. gr¥nts and1&gacies 2,023,000 2,950.000 Totsl In¢om• 2.023,000 2,950,000 EXPENDITURE Chrltabl• aetivltl Grants to Ofgan81ions Other ¥¥penditure 2.332,939 70,597 2.)7.754 106.023 Totsl •xp•ndltur• 2,403,536 2,113,777 NET IEXPENDITUREV INCOME 1380.5361 836,223 Tr¥rt$f*rs b¢tsv¢on fvnds 10 NET MOVEMENT IN FUNDS 1380.5361 836.223 Totsl funds browahl forward 950,820 114.406 Total h•nd• ¢arrf•d lonyard 11 570,093 gSO,62•
DovJsbJn Envelope ID.. 61EB3624A1704FF7-BD8E-AD2ADD8861B2 THE JAMEEL EDUCATION FOUNDAnON UK BALANCE SHEET AT31 MARCH 2026 T¢)tsl Fund¥ 2025 Totsl Fund$ 2024 Not•¥ CURRENT ASSETS Cash at bank in hand 656.809 1,020,722 6S6,809 1.020,722 CREDITORS Amounts falling due 1th1n ong year 186,7161 170,0931 NET ASSETS 570,093 960,629 FUNDS Unie5trthd lunds Restricted lunds 10 570.093 950.629 TOTAL FUNDS 11 570,093 950,629 The financial Statemènts were approved by the Board of Trustees on 26 November 2025 and were signed on its behalf by BC7A5EFDAL*64DF Omar Jamil Trusteè (Chairmanl Th& notes on paggs 10 to 14 fom part 0fth9 financial stat8m•nts.
DotrJ$ign Envejts ID. 61EB3624.A17ts4FF7.BD8E-AD2ADD886182 THE JAMEEL EDUCATION FOUNDATION UK CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2028 2025 2024 Nots¥ Ca¥h u•?d In op•ratlng acUvltl•• Cash labsorbed byv generatecl frem operations 12 1363,9131 857.274 N•t c•h u•ed In Imie•tlng •ctlvStle• N•t ¢a•h u••d In flnAneln4 •ctlvltl• N•t Id•cr•a••V IncrM•• In c••h ind c••h •qubvihnt• 1363.9131 857.274 Cg$h and e08h equfvalgnts al beginning of year 1.020.722 183.448 Ca•h and c••h •quFv•l•nts at •nd of y•ar 6S6,809 1.020,722 Thè notès on paga$ 10 to 14 form p•rt of th¢50 fjnan¢ial statern?nl8.
Doeign Envdope10." 61EB3624-A1704FF7-BD6E-A02ADD8861B2 THE JAMEEL EDUCATION FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 GENERAL INFORMATION The Jameel Education Foundation UK is a regtered Charitab inc0}ratsd or9ani5abt)n no. 1198443. The address ol the gistered offir is gwgn in the charity information and the nature of the charity's gperations and prinripal activitiès are set out on page 2 of thèsè ffinancial ststements. The Jameel Educabon Foundation registered as a tharitae inwrporated organisat'on on 30 M8Tch 2022. ACCOUNTING POLICIES The prinrApal aountsng policies adopted, judgements and kw sources ol estimatss unc8rtainty in the preparation of the financial statements are as follow5. lal Ba•h of ¥ccountlng Thè financial statements of the chanty. which Is a public benefit èntty under FRS 102. have be&n prepared in accordance wrth the Charitie3 SORP IFRS 1021 'Ac¢ounting and R•portsng by Charities.. Staternent of Recommended Prath"c app11cable to charitr'es prtparing their accounts in awnrdance with the Financial Reporting Standard applicable In th& UK and Republicof Irèland IFRS 1021 leffective l January 20151., Finanaal Reporting Standard 102 'The Financial Reporting Stsndard applicable In the UK an¢J Republic of Iraland, IFRS 1021 an¢J the Charibes Act 2011. The financial statements ar• prepared on a gging cortèm basis under the historic81 cost eonvents"on. modnfied to include rtain items at f8ir value. The financial statemènts are prepared in 5tgrling which is the functional currency of thè charity. The significant accounting Pol•$ appld in the preparation ol th•s8 finanrial Statements are $•t out below. Thèsè poliaes have been con$i$tently 8ppld to all years presented unl•ss otheThwse ststed. Ib} Goln9 ¢on¢grn At the time of approvin9 the finanasl statements. the ¢rustees have a reasonable expectstion Ihat the d)anty has aJequ8te rèsour$ to continue in operational existence for the fOeeab luture. Thus, the tru5tee5 continue to adopt the going concem basis of 8ccounting in preparing financial ststèments. Icl Charltabl• funds Unrestricted funds are available for use at the diSCretn ol the trust8e$ in rtrarte of their charitatAe objectives. Restricted funds are subject io Specific conditions by donors as to how thèy may be used. The purp03es and uses of the rÈstneted fiJnds are set out in th8 notès to the financial statement$. Idl Income Inc¢)mè is recognk8wJ bthen the charity B lagally ents.ded to it after any rfoan¢8 condthons have teen mel the amounts can be mtrasured reliably, and it Is probable that inc4)me will bg recttwèd. Cash donats.ons a re¢ognised on receipt. other donations are recognised On the charity has beèn noknfièd ofthe donation, unless performance condifrons require deferral ofthe arnount. Income tax recoverable in relaton to donations recèived under GiltAid or deeds of covenant Is recognised at the tirne of tt)è donation. Legacies are recognised on recèipt 01 otheThwse ilthe charity has b$6n notffied ol an impending dtribUtion. the arnount is known. and receipt is expectad. If the amount is not known, the legacy is treated as a conbngent asset. 10
DorAtsign Envelope ID. 61E8362&A1704FF7_BD8E.AD2ADD8861B2 THE JAMEEL EDUCATION FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (•) Exp•ndltur• Charitable actsvities expendrture comprises grants and donations 8warded by thÈ Tru5tee5 in aCrdan wth lh• critena sèt out In the con5ts"tuts"on, together with grant related support expenditure. Grants are charged to the Statement of Financial Activities when a le9al or constructive oblion anses when the other party has • aSOnab expectab'on of receipt. Grant r•lat•d support costs repr858nt office and govemance costs incurred in managing the grant award programme. Ca8h At bank #nd In hand Cash at bank and cash in han¢J includes cash and short term highty Iuld investsnènts wth a $hort rnaturity of three months or less from the date ol acquisrtion or opening ofthè dèposit or similar accounts. Igl Crgditorn Creditors are recognised where the charity has a present obligation rèsulbng trorn a past event thalwill probably result in the transfer of funds to a third paty and the amount due to setue the obligation can be measurèd or •slirnatsd reliably. Other credrtors and accruals are recognisad at their sattlèmènt amount due. {hl Taxallon The Jameel Education Found*"on UK is conSided to pass tha tssts Set out in Paragraph 1 Schedule 6 Finan Act 2010 and therefore it meets the definition of a charitable company lor UK corporation tsx purposès. Accordingly. the charity is potentially exempt from taxation in respect of Income or capital gains recèivèd wthin categories covered by Chapter 3 Part11 Corporation Tax Act 2010 or Section 256 of thÈ Taxation of Chargeable Gains Act 1992, to the extent that such incomè or gain5 ar8 applied exclusively to charrtable purposes. lil Critic¥1 accounting •stlm¥tr8 and ludgwnents In the appltcation of the chaitys xcounting policiès, the tru$te8S are reqUred io make judgements. estimates and assumptions about thè carryiNJ amount of 85s8ts and liabilitEs that are not readily apparent from other sources The estimates and associated assurnptions are based on histoncal &x[l&n¢ts and other factor5 that are considered to be relevant. Actual results may differ from these ests"mates. The board ol trustses do not bel¥& that any accounting judgements or estirnaie8 have been appliecl to these financial statements that have a significant rk8k of causiryJ a matenal judgement to the carrying amount of assets and liabilitie5 Wlthin the rxt finanryal year. DONATIONS, GRANTS AND LEGACIES Unr•strl¢t•d lunds 2026 Unrnstritted fund8 2024 Donab"ons arnd gifts 2.023.000 2.950,000 11
Dowwgn Enve*)pe ID." 61EB3624A1704FF7-BDBE-A02ADD8861B2 THE JAMEEL EDUCATION FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2026 CHARITABLE ACTIVITIES Unrestritt•d funds 2026 Unr•strlcled funds 2024 Grants to organisations (see ngte 51 Lègal lees IT support Professional fees Travèl Bank charges Exchange gains & losses 2,332,939 2.007.754 230 1,8LKI 61.362 5.701 645 5.365 58.217 112 928 2.392.J96 11,340 2.102.857 10.920 Sharè of gov•mance cost5 (see note 61 2,403,536 2.113,777 GRANTS TO ORGANISATIONS Unrestrlcled fund$ 2025 Unrestrlcted fund8 2024 Sumund Freud Univarsty Cambridge Univer5rty Cardiff University Oxftsid Universty Univ8rsity of Marburg Humboldt University Universrti Sain$ Islam Malaysia Univetsty ol West London UCL Iunivetsity College LoThYonl LSE (The London School ol Economics) Unisantiq Univernty ol Manchester AUC Fellowship Cambridge Muslim College BPP Vniversty Kings College London Kingston Universty Univer5ty of Portsmouth University of Istm1n$t0r NICMAR London Metropolitan UnNersity KSA Other organisatlOn5 361.369 426,765 411.815 179,345 155,940 99,595 111.167 685,991 554,924 194,995 134,093 85,281 74,487 45.250 125,234 68,454 21,459 53,960 53,871 38,000 14,250 26,208 18,500 19,200 60.550 37.065 30.5(KJ 24.990 79,628 113,807 2,332,939 2.007,754 GOVERNANCE COSTS Unr•strl¢t•d funds 2026 Unrestricted funds 2024 Auditor's remuneration Audit fee Non-audit feè 9,500 1,840 9.360 1.560 11,340 10,920 12
Doc41On Envelope ID". 61EB3624A1704FF7.BD8E-AD2ADD886182 THE JAMEEL EDUCATION FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 TRUSTEES None of the tru$iee$ reiVed any MUneratIon or beneffts from the chanty duriny thè year. Two trust••s w•fe r•irnbursed expenses amountin9 to £nil in the year12024." £3.4581 for trav•1 costs. CREDITORS: AIKSUNTS FALL114G DUE WITHIN ONE YEAR 2025 2024 Grants payable (See nots 91 Accruals and deferred Income 74.643 12,073 59.173 10,920 86,716 70,093 GRANTS PAYABLE 202S 2024 At beginning of year Grants approved Grants paid 29,5tM) 2.362.026 12.316,8831 29,500 1,998,204 11,968,531) Grants payab at end ofyear 74.643 59,173 10 MOVEMENT IN FUNDS At30 March 2024 At31 March 2026 Incorn• Expendlture Tr¥n$fers Unrestn'ctsd fvnds 950.629 2.023,000 12,403,536> 570.093 11 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unr•strict•d funds R•strictsd funds Total fund¥ 202S Totsl funds 2024 Cvrrenl asjets Current liabilibes 656,809 186,7161 656,809 186,7161 1,020.722 170.0931 Net assets 570,093 570,093 950.629 12 CASH GENERATED FROM OPERATIONS 2026 2024 Net lexpenditureifincome for the y•ar Adjusted for. (Decreasey increase in er•ditors 1380,5361 836.223 16,623 21.051 1363,9131 857.274 13
D(u9n En%dope ID.. 61E8362441704FF7-8D8E.AD2AOD8861B2 THE JAMEEL EDUCATION FOUNDATION UK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13 RELATED PARTY TRANSACTIONS D¢nalons rocebved of t2,0),00012o24. £2,950,(M)01 were from Telatod parti•s under comrnon dir•¢torship. All donation$ mad8 w•re unre$trp#e<l to b• used to Ineol tha obiacts of th• Found•tion as do8m8d suitabk by th8 Trustee$. During the year and in¢lud•d within grants pa*J, ar• payment6 rn0d¥ to lQng$ton University 01 £18,500 12024.. £18.50018nd lfjngs College London of £8.94812024.. £6.6161 for unNersity tuibtsn f••s. and £2S,71012024". £24.9901 lo KSA Two Ltd for acctsmmodation in respo of th8 wfe and son of onè tha Truste•s of the Foundation. Mr M Fam$worth. 14