EDUCATION 4 CHANGE (A Charitable Incorporated Organisation) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Charity Registration Nurnber: 1200684 Company Number: CE030490 EDUCATION 4 CHANGE REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Contents Page Reference and adminislralive information Trustees, report Independent Examiners report 10 Slalemenl of financial activib'es Balance sheet 12 Notes to the financial stslemenls 13 EDUCATION 4 CHANGE REFERENCE & ADMINISTRATIVE INFORMATION YEAR ENDED 31 JULY ZQ25 Trustees Joan Deslandes Lando David Du Plooy Joanne Mackreth-Aylett Sonalee Sarkar Re9iStered OffiGe Centre foi Diversity, Equality and Global Citizenship Kingsford Community School Kingsford Way London E6 5JG A¢¢ountants Da-Silv8 and Associates Limitsd Chartered Certified Accountants 14 Farm Close Essex RM109TX EDUCATION 4 CHANGE TRUSTEES, REPORT YEAR ENDED 31 JULY 2025 The TtU61ees piesenl their rewrt logeth¢r willi the fiiiancial slaleinei)ts uf Eduuabuii 4 ClidiiyE IE4CI Itlie Ghaiityl for the year ended 31 July 2025. The Trustees confirm that the Annual Report and financial slalemenls of the charity comply with the currentstslutory requirements, the requirementsollhe charity's goveming document and the provIs￿nS of the Slalemenl ol Recornmended Pracb'ce ISORPI. applicable lo charities preparing their accounts in accordance with the Finanrial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (effective 1 January 20191 Structure, Governance and Management Education4Chang8 was (x)nslilu18d as a Charity Incorporated Organisation ICIOI by a ￿)nstitUtion adopted on 10 October 2022. Details of the Iruslees aNi professional advisors are shown on page1. Trusteo Appolntment Process: The first charity Iruslees have bèèn selected accKJrding lo their willingness lo make a difference in terms of the objectives and activities Educalion4Chanoe has sel out lo deliver,. this process look into account previous experien￿ within education and community work rnore widely. Apart frorn the first charity Iruslees. every Iruslee musl be appointed lor a term ol three years by a resolution passed al a properly convened meeting ol the charity trustees. In select'ng indiwduals for appointment as charity Iruslees, the charty Irusl88s rnust have regard to the skills, knol￿ed￿ and experience needed for the effeelive administration of the CIO. Governance ArTangemenls'. Educalion4Change is rnanaged by Iruslee meetings,. any deciswjn may be taken either at a rneeling ol the charity Iru51ees, or by resolution in writing or electronic fomi agreed by a majority of all ollhe charity Iruslees, which may comprise either a single document or several documents containing the lexl of the resoiulion in like form lo whith the majority of all of the charity Iruslees has signified their agreem9nl. Objectives and A¢tivities E4C's mission is lo promote racial hamony, equalty, and diversity particularly among Children, young people, and educators. We do this by.. Thè promotion of anti_raei$M and 01imination of discrirninalion on tha groundÈ of ra¢9, 99ndgr, disability. sexual orientation or religion., Working with schools lo pro(llote and develop education in racial harmony, equality and diversity and ants'4acisrn', Promotiny aGlivilies to loslei underslaiidiiig ￿￿[￿¥11 pvuyle IIuiTI dive15e baGkgiound5 or racial groups., Conducting or commissioning research on equality and diversity issues and publishing the resutts lo the public., Cultivating 8 sentiment in favour of racial ham)ony, anli-racism and equality and diversity. Main Activitie5 and Achievements.- E4C provides a powerful programme of resources (films, lesson plans, disp13yS, timelines, aecess lo archival resources, posters, assemblies, music, accredited research, reading lists, curriculum reviewsl from EYFS lo Further Education. There are opporbjnilies lo help educators, students and cornmunilies have the courage to act against inequ81ity, building understanding and ensuring every human being is valued. E4C is cornmitted lo prowding educators with the resources, ideas, training and education to build courage and confid8nce lo piovide an anti-raosl Gurriculutn and education and exposure lo knowledge and understanding on this issue. informed by research. Public Benellt.. The organisalion works with schools and other educational establishments who want lo obtain the training and information available on racial harmony and EDI. The teachers and pupils of those schools and organisalions benefit, as do the wider communities that they live in. Educators who have eng2ged with the E4C programrne will be able lo.. EDUCATION 4 CHANGE TRUSTEES, REPORT ltonllnuedl YEAR ENDED 31 JLILY 2025 1. Develop Confiden￿ in calling out unacceptsble behaviour relating lo ra￿ or other prolectsd characteristics, and that which undermines equalty., 2. Create inclusive and respectful workplaces and leaming communities,. 3. Seek lo address and tackle racism by embedding a diverse and indusive approach lo everyday work and educational practices. Achievements and Pgrforman¢9 During the financial year, Educalion4Change IE4CI has made progress in expanding its reach, slrenglhening partnerships. and enhancing the quality ol its educats'onal ofFtsr. A key mi16slone has been ￿e implemerntalion of Str8n9th4Change across educational settings in Newharn, following 115 launch last year and the developmenl of E4C Conversation Cafes to support schools lo strengthen their engagement wlh parent and carer communities. E4C has continued lo build national engagement with schools and trusts, alongside hosting its Annual Headleachers conferen￿ and deepening collaboration with partners across the country. The organisalion's team ol expert conlenl curators has also maintained and refreshed the E4C Curriculurn Resour￿5 Plaffom, ensuring that educators have access lo high-quality, relevant, and up-l048le rnaterials. In addition, E4C has delivered ils four core training mdules lo schools and educators nationwide, supporting professional development and inclusNe practi￿. Autumn 2024: E4C hosted a visit for Newham schools al one ol E4C's founder school, Dersingham Primary School. enabling leaders lo observe the programme in practice. We engaged wth Newham Pupil Referral Units IPRUSI lo start work on new Irdining conlenl focused on inclusion and racial Iraullla (October 20241. This work is ongoing and wll shape the delivery ol our core training modules moving forward. E4C lounders presented al Ihe"Incluswe London" event In Lroydon as part ol the vio*n￿ F embed equality, diversity, and inclusion IEDII across whole-school syslerns. This approach has enabled the charity to extend its reach beyond indivKlual settings and support sustainable, systemic change across groups of schools. Fosterlng un(ierstandlng be￿Cen dlverse communities Educalion4Change conb'nues to create and support spaTrs for meaningful dialogue on complex and. at limes, sensitive issues affecting school communities. OurAnnual Headleachers, conferen￿ prowded a valuable lorurn for sckjol leaders lo engage with a wde range of topics, from racial literacy and disparth.es such as r8¢isrn in healthcare, to practical considerations around work experience, access lo high-quality opFx)rtunilies, and raising aspirations for young people. These discussions support educators lo approach ¢hallonging issues from an informed perspective, while recognising the impact ol trauma and lived experien￿ on pupils, stsff, and wider schod communthes. In addition, our'conversalion Cafes rnodel brings together parents, carers, and CL)mmunty members in safe, inclusive environments. These sessions foster open dialogue, prornole mutual EDUCATION 4 CHANGE TRUSTEES, REPORT Iconlinuedl YEAR ENDED 31 JULY 2025 understanding, and strengthen relationships between schools and the diverse communities they serve across Newham. Together, these inilialives reflecl the charity's commitrnenl lo addressing not only individual attitudes bul also the wider soaal dynamics that shape school environmerits and young people's experiences. Contrfbullng to public understanding through profes$lonal development A central part ol Educalion4Change s work is supporting the people whc> work most dosely with young people. Over the past year, the ¢h8rity has delivered ils core training and continuing professional development ICPDI sessions lo educators across London and the UK rnore widely. This work has covered areas such as recognising and addressing racism, responding lo discrimination, and creating more inclusive school environments. Rather than foDJsing onby on diieGI delivery lo pupi15, this apwoach ensures that teachers and sthcol leaders feel beller info￿ed and rllore prepared lo engage with these issues in their day-l(￿daY practice, taking into account the impact of lived experience on pupils and school communities. By building confidence and shared understanding across the workfor￿, this model helps embed change more sustainably within schools and extends the charity's reach beyond indNidual sessions. Cultivating support for ra¢ial harmony and equality l of Educalion4Change's activities ar8 underpinned by a commitment lo fostering inclusive, equitable. and supportive school culture5. Through its partnerships, training programmes, and resour￿ development, the charity has continued lo promote values of respect, care, and social justice. ImtY)rtanlly, the organisalion has sought lo centre Ihe vol￿S and expenences of young people and educators in shaping ils work. Trustees conshjer that the progress made this year represents a meaningful contribution toward longer-lem systernic chang9, whilo wognising that this remains an ongoin9 priority for fijlure development. Please see below feedback collected from teaGhers and school leaders who haye attended Educalion4Change IE4CI events, as well as events where our founders have presented. Feedback is gathered through forms circulated io all attendees following each event. E4C Presentation at VRU- Noyember2024 "Ilwas really impacttul lo qround the morning in the important issues that E4C seeks to taC￿e and constructive approaches that colleagues across London can learn from. The introduction from Sharon was also a great demonslralion for colleagues in the room of how boroughs can be thinking aboulworking with Iheireducation community to reflecland challenge practi￿$. Thank you for so generou51y sharing your expertise.. Ella Ki19y and Cordlyn Burge, London's Violence Reduclon Unil E4C AnnualHeadleachers Conference Feedback- Janua General feedbaek". Really fab event- rnusl continue. Aways interesting and thought provoking.. 'Well done. Great job organising." 'Thanks lo tearll bul in parts"¢ul8r Joan and Lando- you keep Ihe balloon in the air and flwng lo Whe￿ il needs lo 2025 "Insighfful and clear rnessages lo digest lor implementation. "E4C is always excellent- great lo hearlhe inlroduclory speeches al the start.. EDUCATION 4 CHANGE TRUSTEES, REPORT Iconlinuedl YEAR ENDED 31 JULY 2025 'An excellent way to start the year. A (xjnference well organised. Speakers were engaging and rnolivating. The day inspired me. Thank you. 'Ex￿lIent. many actions lo tske away and I liked how the book induded space for Ihal.. 'A really good day. Very thought provoking, excellent speakers covering a wide range of topics. Not emugh lime in the dayl Thank you lor a really great day.. 'There was a lol of emphasis on black bias and representation- when holdiro a diveNty event il wrxjld be nice to discuss a broader group-'P90pl8 of ￿lOUr,_ as for example, the bias experienced by south Asian people varies. The general principles apply however, ft woukl be a lol more inclusive for other ethnic minorthes, if the language was adapted.. 'Wonderful, as ever, thank you to all involved." hank you for this valuable and itnportant day. I have much lo reflect on and tske forward with my team. Session 1.. Dr. Claudine Matthews (Consultant Dietician), 'Heath, Race and Leadership, 'Excellenl. Excellent- Sickle Cell info irnportanl bul even more so lessons from her joumey.. "Inleresling presentation and some key information lo think about back in school. "Il was interesting- il would have been nic6 il the aciual part on sidile cell didn't have to ￿ rushed. This was interesting and relevant.. "Claudine was very informalNe. I would like lo see Health and school nurses more invofved in schools.. "More lo¢us on the health aspect would have been beneficial as we were a room lull of leaders.. 'Very informative and clear actions lo follow up with. 'She was interesting lo listen to. I would have liked more of a focus on SCD rather than the leadership angle which I fell was less well presented." "Excclbnl ￿pCakcr. Would havc prclcrrcd thc talk lo bc wcighled more towards Sickle Cell than Leadership. 'Thoughl provoking. We need further support with health issues facing our communities. KEYNOTE.. Maggie Semple OBE and Jane Oremosu laulhors of My Little Black Book.. A 518cI(tionaryl,'Whal's in your Litue Black Book?, Ise5sion on racial lileracyl "Fantastic dclivcry and cn9agcrnonl. Thcir passion, cxpcrtisc and PCTsonalitics rcally shone through., "Very imwrtanl session and I will read the book and review documentation following. 'Ex￿l￿nI and thoughl-provoking. I would have like this session lo be longer as I fell there was much more they could have really usefully coveredll" Ex￿lIent1 Great delivery and conlenl. Language bias and the need for subue changes which wll have a big impact in the future was a good way to look al this topic.. 'Engaging and ch811enging. More speakers on getting the language right, please.. 'Greal in5ights.' Sgssion 3.. Abi Carberry IPWCI, 'EDI and Re¢ruilrnenl in yoursetting. "Ex￿lIent abDuI changing culture in a difficult situation. 'Greal session, bul very long. Would like lo look al recruitrnenl strategy. Aso made me think about mentoring for staff.. EDUCATION 4 CHANGE TRUSTEES, REPORT Icontinuedl YEAR ENDED 31 JULY 2025 "Good to hear the FEf50nal experten￿S In the corporate wortd. Good lo celebraie someone navigating the Sy51em.' 'Good- very interesting bul not sure how some of il linked lo schools.. 'Abi provided much food for IkK)ughl. A very positive speaker." 'EX￿lIent session and a real insight lo the corporate wodd. 'Very inleresling. Lols of good illuslralions lo back up what she was saying. She presented il very well., Another great speaker and interesting lo see how people of colour are represented in the prwale sector. Only improvement would be to reduce the length of lime as il did become 8 little repelilive.. Interesting to see how big business is trying lo do what we've been doing in educats'on for a while. The talk was, however, delivered as if we didn't know Ih85e things. Wwld love lo discuss fvrtherf, E4C Worksho 2-da with ExceedAeademies Trus Bradford- March 2025 'Thank you so much for your professional generosity in supporting our Equity, Diversty and Belonging joumey. Al our leaders thoroughly enjoyed visiting Dersingham and Lathorn and we have taken much from the two days lo enhance our provision. You planned a fants5tic two days for us and I don't doubl il will have a lasting impact.. Paul Butler, EX￿ed Academles TNSI Financial Review The statement of financial acknvilies shows a nel loss lor the year of £1,55012023.' £4SOI. Al 31 July 2025 the Charity had nel expenditure of £1,55012024'. £4501, of which unreslricled funds were £1,550 defic 12024.. £4501 and restricted funds were £-12024. £-1. Reserves Policy The trustees seek to thdl rj iesErve to Gover the fixed operallonal costs are rnalntalned at all tlmes, 10 protect from unforeseen contingencies. Plans for Future Looking ahead, Educalion4Change is focused on deepening ils impact within existing partnerships while continuing lo grow its reach across new regions. A key priority over the coming year is slrenglhening our work with the Lambeth Schools Partnership, building on early engagernenl lo forrnalise the relationship and deliver the phased pri￿ramme oulined in our proposal. This will support a growng number of schools across the borough lo embed E4C's approaches more syslemalically within their practice. with the longer-lerm aim of whole-borough engagement. We are also continuing lo slren9lhen strategic partnerships with local authorities and acaderny ttU5ts, including in Bradford. These relationships will be central10 scaling delivery, co-developing training and resources, and ensuring our work ￿M8]n$ c105ely aligned with the needs and priorities of diverse school communities. In Newham. we will continue lo develop and roll out our'conversakn'on Cafe5 model, expanding opportunib'es for parents, carers, and wider community members to engage in slruclured, facilitated csialogue with schools. Alongside this, we plan lo extend the model lo other areas where there is interest. supporting relats'onship-building beiween schools and the communits'es they serve in different local contexts. We are also developing new training content focused on misogyny and rts intersection with racism and other fomis of discrimination. This reflects a growing and well-evidenced concern within education settings about gender-ba5ed attitudes and behaviours among young people, highlighted both in re5eaTch and in wider public discourse, including recent media portrayals such as the Nefflix series Adolescence. This new strand ol work will support schools lo respo￿ in a way Ihat1S informed, preventative, and ro)led in creating sale and indusive environments for all pupil5. EDUCATION 4 CHANGE TRUSTEES, REPORT Iconllnued) YEAR ENDED 31 JULY 2Q25 Alviiybidv Iliib, will ¢uiiliiiu¢ Lv Ljuiltl uii uur ebl(ILilibhed progiatnme offei, indudlng CPD tralnlng, currtulurn resour￿$, ensuring that schools are suprorted not only through individual inlervenlions bul through sustsined engagement over lime. Frorn a sustainability perspedive, we will continue lo develop our school subscription model, which is being rolled out in Newham and expanded into olher regions. This model provides subscnbing schools wilh ac￿SS lo our curriculum resources, training prografflmes, and ongoing advisory support, enabling more consislenl and long.lern implementation of E4C approaches within school settings. These plans reftect Educalion4Change's commitment to supporting educators and school leaders to create environments that are inclusive. informed, and responsive lo tho complex social realthes affecting young people today. EDUCATION 4 CHANOE TRUSTEES, REPORT (Gonlinuedl YEAR ENDED 31 JULY 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Iruslees (who are also the directors of the Education 4 Change for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial slalements in accordan￿ wlh ap￿ICable law and United ￿ngdoM Accounting Standards (United TrQ'ngdom Generdlly Accepted Accounting Praclicel. CotTTrpany law requires the Iruslees lo prepare financial slalem8nls for each financial year whid) give a true and fair wew of the state of affairs ol the Charitable company 2nd of the incorning resources and application of resources, including the income and expenditure, of the charitable company forthal period. In preparing these financial ststsments the Iruslees are required lo- Select suitable accounting policies and then apply them consislenly., Observe the methods and principles in the Charities SORP- Makejudgements and estimates that are reasonable and prudgnl,. Slate whether applicable UK Accounting standards have been followed, sublect to any rnalerial departures disdosed and explained in the financial statements., Prepare the financial slalernenls on the going concem basis unless ills inappropriate lo presume Ihalthe charilab company will continue in business The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any lime of the finan(aal position of the charitable company and enable them lo ensure that the finanaal statements CoM￿Y with the Companies Act 2006. They are also responsible for safeguarding the assets ollhe Charitab￿ company and hence lortaking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as we are aware,. There is no relevant audit information of which the charitable company's auditor is unaware., and The Iruslees have taken all steps th31 they ought lo have taken lo make thernselves aware of any relevant audit information and to C￿tabli-.h that thc auditor is aware of that information. In preparing the Trkjslees Report, the Trustees, have taken advantage of the exemption available lo small Companies and have Not prepared a 51rdtegiG report. Approved by the Board on and signed on their behalf by.. Lando Du Plooy Chair of Trust?e$ INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EDUCATION 4 CHANGE I report to the Iruslees on my examination ol the accounts of Education 4 Change Ilhe Charity) for the year ended 31 July 2025. Responsibilities and basis of report Thp Inislpg.q of th9 oruxni8alion are r9.spnn.%iblp for Ihp prp.pAratirJn nf Ihp Aprniinlq in Ar.rx)rdanee with th8 rgquiremenls of the Charities AGI 20111'lhe AGII. They Gon5ider that an audit is not required for this year under tseGtion 144121 of Ilie Charities Act 2011 and that an Independent Examination is needed. I report in respect of my examination of the charity's account under section 145 of the 2011 Ad and in carrying out my examination I have followed all the applicable DireGlion3 given by the Charity Commission under section 14515llbl of the Act. Independent examinerf¥ atatement I have completed my examinalR)n. I confimi that no material matters have come tu my attention in connection with the examination giving me cause lo believe that in any material aspect.. accounting records were not kept in respect of the Charity as required by section 130 of the Act or the accounts do not accord with those records.. or the accounts do not comply wlh the applicable requirements con￿MIng the lom) and content of the accounts sel out in the Charities (Accounts md Reports) Regulations 2008 other than any requirement that ac£ounts give 3 true and lair vi9w which is not a Matter Gonvidered as part ol on indepcndcnl cxaminalion. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable proper understanding of thè accounts lo be rgachgd. Eileen Da.Silva FCCA Da.Silva and Associates Limited Chartered Certified Accountants 14 Farm Glose Ess•x RM10 9TX 27 May 2026 10 EDUCATION 4 CHANGE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 July 2025 Reslrlcted Funds Unrestrjcted Funds Totsl Total Year ended Year ended 31 July 31 July 2025 2024 2025 2025 Incomg Notes Income from Charitable activities Grant and donations Income from schools 7,260 7,260 4,540 40,000 550 Totsl income 11,800 11,800 40,550 Expenditure Expenditure on raising funds Fundraising Expenditure on charltable actlvities Education 112,9001 112,9001 141,0001 Total ?xp¢nditur¢ 112,9001 112,9001 141,0001 Net expenditure 11,1001 11,1001 14501 Fund balances as a131 July 2024 14501 14501 11.5501 11,5501 14501 FUND BALANCES AT 31 JULY 2025 The accompanying notes form an integral part of these finanei81 statements. All activities are continuing and there are no reccNJnised gains and losses other than as shown above. EDUCATION 4 CHANGE Company No.. CE030490 BALANCESHEET AT 31 JULY ZiIZ5 2025 2025 2024 2024 Notes CURRENT ASSErs Cash al bank and in hand 550 CREDITORS.. amounts falling due within one yeaT 11.5501 11,0001 NET CURREKf ASSETS 14501 NET ASSETS 11,5501 14501 Funds.. Reslricled Fund Unrestricted Fund 11,5501 14501 TOTAL NET LIABIUTIES AT 31 JULY 2025 11,5501 14YJI The financial statement have been prepared in accordance with the Statement ol Recorllmended Practice ISORPI, applicable to charities preparing their accounts in acmrdanee wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffe¢tive 1 January 20191. The financial statsments were approved by the Trustees on 2¥.US.26 La Chair ooy Joan Deslandes Trustee The accompanying notes lom an integral part of these finanaal stslements. 12 EDUCATION 4 CHANGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENttED 31 JULY 2025 ACCOUNTING POLICIES The principal accounting policies adopted, judgements and key sources ol eslimalion uncertainty in the preparation of the finana31 statements are as follows.. Accounting Basis The financial stalernenls have been prepared in accordan￿ with Accounting and Reporting by Charities.. Statement of Recommended Practi￿ applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 leffective 1 January 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Education 4 Change meets the definition of a public benefit entity under FRS 102. Assets and liabil￿e$ are inrtially recognised al historical cost or transaction value unless olhenNise slated in the relev3nl a¢counlin9 policy nolelsl. These financial slalemenls have been drawn up in the historical accounting basis. Th8 accounts are prepared in pounds slerfing, rounded lo the nearest pound. Preparation of accounts on a going concern basis The Iruslees consider there are no material uncertainties about the Charivs ability to continue as a going con￿rn. The review of financial position, reserves level and future plans gives Trustees confidence the charity remains a going con¢em for the foreseeable tuture. Income recognition Income from grants and donations are accounted lor when receivable. Grants are acc4)unled for when the charity becomes enlill8d lo the funding and donab'ons a￿ accounted for when received. Expendlture Expenditure is recognised on￿there is a legal or conslrudive obligation lo make paymenllo a third party, il is proballe that scttlcmcnl will bo rcquircd, and tho amount of the obligation can be Mea￿ured reliably. All expenditure is accounted for on an acwals basis and has been classified under heading5 that aggregate all cosis relaie(J 10 Ihai caiegory. Irrecoverable VAT is charged against the expendrtUTe heading for which il was accrued. 13 EDUCATION4CHANGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 202J Fixed Assets Assets are depreciated, in equal annual instalments, over their economic lives al the folLowing rates.. Electronic equipment 25% Financial instruments The charity only has financial assets and finan￿al liabilities of a kind that qualrfy as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised al Iransadion value and subsequently measured at their settlement value. Cash at bank and in hand Cash al bank and cash in hand indudes cash and short le￿ highly liquid investments kwth a short mabjllty of three months or less from the dale of acquisition or opening of the deposit or similar account. Debtors Trade and other debtors are recognised al the settlernenl amounL Prepayments are valued 81 the amount prepaid nel ol any trade discounts due. Credltors and provlslons Creditors and provisions are recognised where the charty has a present obligation resulting from a past event that will probably result in the transfer of funds lo a third party and the alllounl due lo settle the obligation can be measured or eslirnaled rdiably. Foreign curTency translation The charities functional and presentation currency is pound slerfing. Monetary assets and liabilities denominated in loreign currencies are Iranslal&d into sterling al the rates of exchange ruling al the balance sheet dale. Transactions in foreign currencies are recorded at the rats ruling al the dale of the Iransaclion. Ml dIfferen￿S are recognised in the Statement of Financial Activities. Fund ac¢ounting Funds hold by tho charity aro- Restricted funds These are funds subject lo specnlc Irusls generally dedared by the donor or fijnds raised for a specffic purpose. Unrestricted funds These are general funds which can be used in accordance with the charitable objects al the discretion of the Iruslees. 14 EDUCATION 4 CHANGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 202 1. ACGOUNTING PQLIGIES Icontlnued) Taxation The activities of the CIO, being a charty are exempl from income lax and corporation tax. The CIO is not registered for Value Added Tax. Expenditure in these financk?I slalements is therefore shown indusive of Value Added Tax suffered. LEGAL STATUS Education 4 Change is a Charitable Incorporated Organisalion, limited by guarantee and has no share capital. The members have no liability lo contribute lo its a&8els and no personal responsibility for settling its debts and liabilities in the event ol a winding up. 3. INCOME Year Ended 31 July 2025 Year Ended 31 July 2024 UK Income (Charitable activf(iesl Unrestricted lunds Grants and Donations 7,260 Restricted funds Grant5 and Donal'ons Local authority 40.000 7,260 40,000 EXPENDITURE Direct Co$t% Support Co$ts Total 2025 al Analysis of lotsl expenditure Charitable activities Unrestri¢ted funds Educalk)n 9,411 3,489 12,900 Restricted fun(Is Education Total expendilure 2025 9.411 3,489 12,900 Total expenditure 2024 34,809 6.191 41,000 15 EDUCATION 4 CHANGE NOTES TO THE FINANCIAL STATEMENTS Icontinuedl YEAR ENDED 31 JULY ZQ25 EXPENDITURE Icontinuedl bl Analysis of 5UPPOrt costs Admln Cost$ PubllcltyllT Costs Travel Costs Governance Total Unrestricted funds Educakn'on 1.268 1.668 550 3,489 Restricted funds Education Total support co$1$ 2025 1,268 1,668 550 3,489 Total support ¢osls 2024 1,289 3,061 841 1,000 6,191 Year Endod 31 July 2025 Y￿r Ended 31 July Z024 NET INCOME Nel incorne is staled after charging.. Independent Examiners fee 550 1,(X)O STAFF EMPLOYMENT No 5tsff were employed during the year 202512024.. nill. The Iruslees are the key management of the charity, No Iruslee received any remuneration or reimbursemenl of expenses12024'. Nil) in conneotion wlh work carried out in PerfO￿nanCe ol their duties. 16 EDUCATION 4 CHANGE MOTES TO THE FINANCIAL STATEMENTS Iconlinuedl YEAR ENDED 31 JULY ZOZ? CREDrroRS'. due within one year 31 July 2025 31 July 2024 Other creditors and accruals 1,550 1,000 1,550 1,000 FUNDS Movement in funds Balan¢e at 1Aug 2024 Balance at 31 July 2025 Income Expenditur6 Tran5f8rs Unrestricte(l Fund 14501 11,800 112,9001 11.5501 Restricted Funds 14501 11,800 112.9001 11,5501 RELATED PARTY TFiANSACTIONS There were no related paty transactions wlh individuals or trustees during the y@ar12024.' Nill. 17