REGISTERED COMPANY NUMBER: 12116147 (England and Wales) REGISTERED CHARITY NUMBER: 1198630
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
FOR
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
Parker Russell UK Chartered Accountants Level 30 The Leadenhall Building 122 Leadenhall Street City of London EC3V 4AB
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 July 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 to 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 14 |
| Detailed Statement of Financial Activities | 15 to 16 |
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
REPORT OF THE TRUSTEES for the Year Ended 31 July 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
12116147 (England and Wales)
Registered Charity number
1198630
Registered office
Parker Russell, Level 30 The Leadenhall Building 122 Leadnehall Street City of London London EC3V 4AB
Trustees
P Kurath Director S Z Roiter Jesner Student
Company Secretary
J N Keisner
Page 1
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
REPORT OF THE TRUSTEES for the Year Ended 31 July 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Jason Parker MA, FCA Parker Russell UK Chartered Accountants Level 30 The Leadenhall Building 122 Leadenhall Street City of London EC3V 4AB
Approved by order of the board of trustees on 30 April 2026 and signed on its behalf by:
Patrik Kurath (May 6, 2026 20:01:57 GMT+1)
P Kurath - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
Independent examiner's report to the trustees of Cambridge Middle East and North Africa Forum Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for 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 accounts to be reached.
Jason Parker MA, FCA
Parker Russell UK Chartered Accountants Level 30 The Leadenhall Building 122 Leadenhall Street City of London EC3V 4AB
30 April 2026
Page 4
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 July 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 88,549 Investment income 2 6,534 Total 95,083 EXPENDITURE ON Raising funds 3 128,878 NET INCOME/(EXPENDITURE) (33,795) RECONCILIATION OF FUNDS Total funds brought forward 107,772 TOTAL FUNDS CARRIED FORWARD 73,977 |
2024 Total funds £ 50,999 - 50,999 101,802 (50,803) 158,575 107,772 |
|---|---|
The notes form part of these financial statements
Page 5
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
BALANCE SHEET 31 July 2025
| 2025 Unrestricted fund Notes £ FIXED ASSETS Investments 8 32,000 CURRENT ASSETS Debtors 9 2,488 Cash at bank 53,813 56,301 CREDITORS Amounts falling due within one year 10 (14,324) NET CURRENT ASSETS 41,977 TOTAL ASSETS LESS CURRENT LIABILITIES 73,977 NET ASSETS 73,977 FUNDS 11 Unrestricted funds 73,977 TOTAL FUNDS 73,977 |
2024 Total funds £ - 78,705 39,716 118,421 (10,649) 107,772 107,772 107,772 107,772 107,772 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
continued...
Page 6
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
BALANCE SHEET - continued 31 July 2025
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 April 2026 and were signed on its behalf by:
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Patrik Kurath (May 6, 2026 20:01:57 GMT+1)
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P Kurath - Trustee
The notes form part of these financial statements
Page 7
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 July 2025
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
1. ACCOUNTING POLICIES - continued
HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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 in the period to which they relate.
2. INVESTMENT INCOME
| Deposit account interest Curr asset inv income |
2025 £ 41 6,493 6,534 |
2024 £ - - |
|---|---|---|
| - |
3. RAISING FUNDS
RAISING DONATIONS AND LEGACIES
| Trustees' remuneration etc Consultancy IT and computer expenses Travel and subsistence Insurance Advertising Accountancy Postage and stationery Writer and researcher costs Legal fees Support costs |
2025 £ 75,040 12,389 924 23,601 314 3,047 8,675 420 1,648 1,106 1,714 128,878 |
2024 £ 47,073 15,414 798 22,567 314 3,680 6,355 157 3,760 1,640 44 |
|---|---|---|
| 101,802 |
continued...
Page 9
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
4. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Consultancy IT and computer expenses 5. TRUSTEES' REMUNERATION AND BENEFITS Trustees' salaries Trustees' social security Trustees' pensions paid |
2025 £ 12,389 924 2025 £ 72,774 652 1,614 75,040 |
2024 £ 15,414 798 |
|---|---|---|
| 2024 £ 46,004 - 1,069 |
||
| 47,073 |
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| Administration | 2 | 2 |
No employees received emoluments in excess of £60,000.
continued...
Page 10
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 50,999 | |
| EXPENDITURE ON | ||
| Raising funds | 101,802 | |
| NET INCOME/(EXPENDITURE) | (50,803) | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 158,575 | |
| TOTAL FUNDS CARRIED | ||
| FORWARD | 107,772 | |
| 8. | FIXED ASSET INVESTMENTS | |
| Unlisted | ||
| investments | ||
| £ | ||
| MARKET VALUE | ||
| Additions | 32,000 | |
| NET BOOK VALUE | ||
| At 31 July 2025 | 32,000 | |
| At 31 July 2024 | - | |
| There were no investment assets outside the UK. |
continued...
Page 11
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 £ Other debtors 974 VAT 1,514 2,488 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 £ Trade creditors 3,174 Social security and other taxes 4,290 Other creditors 3,160 Accrued expenses 3,700 14,324 11. MOVEMENT IN FUNDS |
2024 £ 78,705 - |
|---|---|
| 78,705 | |
| 2024 £ - 2,827 2,576 5,246 |
|
| 10,649 | |
| At 1/8/24 £ Unrestricted funds General fund 107,772 TOTAL FUNDS 107,772 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 95,083 TOTAL FUNDS 95,083 |
Net movement At in funds 31/7/25 £ £ (33,795) 73,977 (33,795) 73,977 Resources Movement expended in funds £ £ (128,878) (33,795) (128,878) (33,795) |
|---|---|
continued...
Page 12
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/8/23 | in funds | 31/7/24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 158,575 | (50,803) | 107,772 |
| TOTAL FUNDS | 158,575 | (50,803) | 107,772 |
| Comparative net movement in funds, included in the above are as | follows: | ||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 50,999 | (101,802) | (50,803) |
| TOTAL FUNDS | 50,999 | (101,802) | (50,803) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1/8/23 £ 158,575 158,575 |
Net movement in funds £ (84,598) (84,598) |
At 31/7/25 £ 73,977 |
|---|---|---|---|
| 73,977 |
continued...
Page 13
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 July 2025
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 146,082 146,082 |
Resources Movement expended in funds £ £ (230,680) (84,598) (230,680) (84,598) |
|---|---|---|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2025.
Page 14
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 July 2025
| INCOME AND ENDOWMENTS Donations and legacies Gifts Investment income Deposit account interest Curr asset inv income Total incoming resources EXPENDITURE Raising donations and legacies Trustees' salaries Trustees' social security Trustees' pensions paid Consultancy IT and computer expenses Travel and subsistence Insurance Advertising Accountancy Postage and stationery Writer and researcher costs Legal fees Support costs Finance Bank charges Carried forward |
2025 £ 88,549 41 6,493 6,534 95,083 72,774 652 1,614 12,389 924 23,601 314 3,047 8,675 420 1,648 1,106 127,164 1,045 1,045 |
2024 £ 50,999 - - |
|---|---|---|
| - | ||
| 50,999 46,004 - 1,069 15,414 798 22,567 314 3,680 6,355 157 3,760 1,640 |
||
| 101,758 44 44 |
This page does not form part of the statutory financial statements
Page 15
CAMBRIDGE MIDDLE EAST AND NORTH AFRICA FORUM LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 July 2025
| Finance Brought forward Bank Revaluations Total resources expended Net expenditure |
2025 £ 1,045 669 1,714 128,878 (33,795) |
2024 £ 44 - 44 101,802 (50,803) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 16
CMNEF Ltd - YE Accounts 31/07/2025 - Client
Approval
Final Audit Report 2026-05-06 Created: 2026-05-06 By: Parker Russell (info@parkerrussell.co.uk) Status: Signed Transaction ID: CBJCHBCAABAATGgObNRtIPQetYDVHyegtbLXr-AQ3nhJ
"CMNEF Ltd - YE Accounts 31/07/2025 - Client Approval" Histor
y
Document created by Parker Russell (info@parkerrussell.co.uk)
2026-05-06 - 5:55:29 PM GMT- IP address: 109.73.121.116
Document emailed to Patrik Kurath (p.kurath@cmenaf.org) for signature
2026-05-06 - 5:55:56 PM GMT
Email viewed by Patrik Kurath (p.kurath@cmenaf.org)
2026-05-06 - 7:01:17 PM GMT- IP address: 66.249.93.76
Document e-signed by Patrik Kurath (p.kurath@cmenaf.org)
Signature Date: 2026-05-06 - 7:01:57 PM GMT - Time Source: server- IP address: 86.191.254.198 - Signature Appearance Selected: DRAW
Agreement completed.
2026-05-06 - 7:01:57 PM GMT