Charity registration number 1203010 (England and Wal•sl SEEKER OF KNOWLEDGE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 SEEKER OF KNOWLEDGE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mohamed Lamine Alallaoui Khaled Ibrahim Ali Diafar Loffi Belouchrani Charfty rogl$tratlon England and Wales 1203010 SEEKER OF KNOWLEDGE TRUST CONTENTS Page report Independent examinerf5 report Slaternenl of financial activities Balance sheet Statement ol cash flows Notes lo the financial slalements 7- 11 SEEKER OF KNOWLEDGE TRUST REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and finanual slalements for thè ygar onded 31 March 2025. The finanaal statement$ have been prepared in accordance with the aco)unting Poli￿e5 Sel out in note 1 to thè financial slalemenls and comply with the Cha￿S governing documenl. the Charitie5 Act 2011. FRS 102 "The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charrtie5". Statemènt ol RÈeommende¢J Practice applicable lo charities preparirig their accounts in accordance with the Finanrial Reporb"ng Standard appIl￿ble in the UK and Rèpublic ol Ireland IFRS 1021 Oblactlvgs and activltle8 Public benefit The Tru51ees have paid due regard Io guidance issued by the Chartty Commission in derAding what activities the Charity should undertake. A¢hiev•m•nts and p•rfom￿nc• Signifi¢ant activitiès and a¢hiovemonts againsl obigclives Flnanclal rgvlow Rgseryes policy 1115 the policy el the Charity that unrestricted funds whKh hav8 nol been designaled fw a specific use should be rnaintained at a level equivalent lo befv4een three and Six month's expenditurè. The Trustees consider that reserves at this level will ensure that, in Ihe evenl ol a 51gnifi¢ani drop in fvnoing. Ihoy will ba abla to continue the Charity's current activities while consideration is given lo ways in which additional lunds may be raisod. Thi$1gvo1 ol raserves has been maintain8d throughoul Ihe y8ar. structure, governanc• and manag*m•nt The Charity is a company Iimiled by 9uaranleg .... . The Trustees who served during the yèar and up lo the dale ol signalure of the finanoal statements were.. Mohamed Lamtne Atallaoui Khalid Ibrahim Ali Ali R8eniilmG+nt and 8pwntm&nl of Imste&s IDetails of method of recruilmenl and appointment ol Iruslee$.I None ol the Trust￿$ has any benefiaal interest in the company. All of ihe Trustees are members of the company and guarantee lo contribute £1 in the ev￿1 of a windin9 UP. The company's ¢urr6nt policy concerning Ihe paymenl of trade creditors is lo follow Ihg CBI'S Prompt Payers Code (copies are avatlable from ¢h& CBI, Centre Point, 103 New Oxford Streel. London WC1A 1 DUI. The company's current policy ￿nCernIng the payment of trade uedrtors is to". settle the lemis of payment with Suppliers when agreeing the lerrn5 of each Iran$a¢tion', ensure that supplTèrs are made aware of the lerms of payment by indusion of the relevant lem5 in ctsnlracts., and pay in accordance with the companys ¢onlra(Jual and othe(18gal obligations. Trad& creditors of the company al Ihe year end were equNalenl to XX da￿5 purchases. based on the average daily amount invoiced by suppliers dufing the year. Ow8nisational stnjelurn IDetails of organisalional struGlure.I SEEKER OF KNoW￿E TRUST REPORT (CONTWUEDI - kL.IJ SEEKER OF KNOWLEDGE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEEKER OF KNOWLEDGE TRUST I report to the Trustees on rny examination ol the finanrAal statements of SEEKER OF KNOWLEDGE TRUST Ilhe Charity) lor the year ended 31 March 2025. Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparab.on ol the finanrial slatemenis in accordance with the re(7uiremen15 of the Charihes Act 2011. I report in respecl ol my examinatson of Ihe ChaW5 finanrial statements carried out under Section 145 of the Charities Act 2011. In carrying out rny examination I have folowed ihe Dire¢tions gNert by the Charity Commission under sedion 14515llbl ol the Charities Act 2011. Independent •xamingrfg statgm•nt Your allenlion 15 drawn to the lacl that the charity ha$ prepared the finanrAal statements in accordancè with the relevant version of the Slalernent of Rècomm$nd¥d Practice applicable to charities preparing their financial Slatemenls in accordance wtlh th& Finan¢ial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo tha Accounting and Reportjng by Charities.. Slalement of Rè¢ommended Practice issued on 1 April 200S which is referreil lo in the exianl regulations bul ha$ now be¥n withdrawn. l understand that this ha$ begn done in order for thè financial slalements lo prowde a Iwe and lair view in accordance with UK Genèrally Accepted A¢￿untIng PiactiGg. I have complet8d my gxaminalion. l ¢onfimi Ihal no matters have com9 lo my attention in ¢onnection with the examination giving me cause Its believe that in any material respeci.. accounting records wera not kept in respect of the Charity as required by section 130 of the Charitiès Act 2011. the financial slaternenls do not accord with thos& records.. or the finanual statements do not comply wilh the appli¢able wuiremenls conceming the fom and conlenl of financial statements sel OLrt in th6 Chariliès (Accounts and Reportsl Regulations 2008 olh&r than any requirement that the finanual $lalemenls give a Irue and fair wew. which is not a matter considered as part of an independent @xaminalion. I have no concems and have come across no other matters in ￿nneCtIon with the examination lo whS¢h attenllon Should be drawn in this report in order to enable a proper understanding ol the financial statem&nls lo be re8ched. A$hton & Co Accountants Llm5t•d 2 Crescent Parade Uxbridge Middlesex UB10 OLG United Kingdom 29 January 2026 SEEKER OF KNOWLEDGE TRUST STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrèstrieted funds 2025 Unrestricted funds 2024 Notes In¢ome from.. Donations and legacies 80.579 23,598 Total Incom• 80.579 23,598 Exp•ndltur* on: Charitablè a¢liwlies 8.037 4.700 Total èxpendlturn 8,037 4.7 N•t In¢omo ¥nd rnov•m•nt In funds 72,542 18,898 Reconcillatlon ol fund8- Fund balance5 at 1 April 2024 18,898 Fund balanc9$ at 31 March 2025 91.440 18,898 The slalemenl of financial activiti9$ indud&s all gains and ltssse5 reo)9nis8d in the year. All incorne and oxpgndllure cjerive from continuing aclivilies. •hV••MI•IDIILioai TIIU•T N•1 •uiMfil ••••l• Yh• lund• rf lth• ahilly Vfii••111ol•d lund• •lJ40 11,440 lh• fln•iKld il•tsm•rt• w•1• •w¢N•d ty lh• 29 J•Mry 2fAI Kh•l*d I￿INM kh.i.a SEEKER OF KNOWLEDGE TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notss Cash flows from operating actSvStSes Cash generated from operation5 11 72,$42 18,898 Net cash 9•ngrntgd from Investlng actlvltF•¥ Net cash gonerat•d from finan¢lng activ5ties Nat In¢r••so In ca¥h and cash •qulval•nts 72.542 18,898 Cash and cash equiva19nts al beginning ol year 18,898 Ca$h and ¢a$h equlvalgnts at •nd of y•ar 91.440 18,898 SEEKER OF KNOWLEDGE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollel•¥ Charity information SEEKER OF KNOWLEDGE TRUST is a INSERT CONSTITUTIONAL DETAIL. 1.1 84$1s ol preparation The financial slalements have been prepared in a¢¢ordance with the Charitls 9oveming document. the Charities Act 2011. FRS 102 Vhe Financial Rèporting Stsndard applicable in the UK and Republic of Ireland. and the Charrties SORP "Accounts'ng and Reporting by Charities.. Slalemenl ol Recornmended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021- The Charity is a Public Benefit Entity as dafined by FRS 102. The finanTral slalemenls have departed Irom the Charities (Acr￿Unt$ and Raport51 Regulations 2008 only lo the exlenl required to provide a true and fair view. This departur8 has involved following the Statement of Recommended Practice for charities appiving FRS 102 rather than the version of the Slal8menl of Recomm8ndgd Practice which is referred lo in the R8gulalions bul has sinGg been withdrawn. The financial statements are pigpared in slerfing. which 15 the fijnctional currency of the Charity. Monglary amounts in these financial $talements are founded lo the nearesl E. The financlal Slalemenls have been prepared under Ihe historical ¢tssl convenlion, Imodified lo include the revaluation ol freehold properties and to indude inv8$lmenl properties and certain financial instruments at fair valuel. The principal accounting polici8$ adopled ar¥ set out bèlow. 1.2 Golng Gonc•m Al the lirne ol approving the ffinancial slalemenls. the Tnjslees have a rga$onable expectation that the Charity has adequate r8sources lo conlinue in operalional existence for the foreseeable future. Thus the Trustees continug to adopt Ihe going concern basis ol accountin9 in prgpanng the financAal statamgnls. 1,3 Charfiabl• lund• Unrestricted funds are available for use al ihe disu&tion of tha Tru$lees in furtherance of their Charflable objectives. Restricted funds are subject lo speafic conditions by donors or grantors as to how thèy may be used. The purposes and uses ol the reslrided funds are sèl out in Ihe note5 to the finanaal slalemenls. Endowment lunds are subject to SP8ufic ￿ndrtions by donors that the ￿pital musl be maintained by the Charity. 1.4 Income Incorne is recognised whgn the Charty is legalty entiffed to il after any perfomance conditions havg boen mel, the amounts can be measufed reh'ably. and il is probable that inv)me will be receNed. Cash donations a￿ recognised on ieceipt. Olher donations are recognised once the Charty has been notified of the donation. unless performance conditions r￿Ul￿ deferral of the amounl. Income lax recoverable in relation lo donations receNed under Gift Aid or deeds of covenant is recognised al the lirne of ihe donation. Legaue5 are recognised on ièeèipl or olherw5e rf the Chartty has been notified of an irnpending distribution. the amount is known. and receipt is expecled. 11 the amounl is not known. the legacy is treated as contingent asset. SEEKER OF KNOWLEDGE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icorhtinuodl 1.5 Expenditure Expenditure is recogni5ed once there is a legal or conslnjclive obligation to transfei e￿￿orniC benefit to a third party. il is probable that a transfer ol econom￿ benefils will bè required in setuement, and the arnounl ol the obligation can be measured reliab￿. Expenditure is ¢lassified by acti￿ty. The cos1$ of actiwty a￿ made up of the lolal of direct costs and shared costs. In¢ludin9 SUPPOrt C0515 involved in undertaking each aclivity. Oirect costs attributabl8 to a single activity are allocated directty lo Ihal actiwty. Shared c0515 which contribute to more than one activity and 5UPPOrt C0515 which are not attributable to a Single actiwty are apportioned belw¥en those a¢livilie5 on a basis consislenl with Ihe use of resources. Central staff costs ar9 allo¢ated on Ihe ba515 01 time spent. and depreGialion Gharges are allocaled on tha portion of ihe assel's use. 1.6 Cash and cash •qulval•nts Cash and cash equivalents include cash in hand. dep05rts hekl at ¢all with banks. other 5hort.lerm Ilquid investments with original maturities ol three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilibes. 84$1¢ flnan¢14115$9ts Basic finanaal as$g1$, which indudg debtors and ¢ash and bank balances. are initially measured at transaction pdce including Iransaclk)n cos15 and are svbsequenlly carried at amortisad cost using the effectiv8 interest method unless the arrangemenl constitutes a financAng Iransaclion, where the Iran$aclion is measured al the present value of Ihe future receipts discoun18d al a mark&l rale of interest. Financ4al assets classified as receivable within one year are nol aM0￿.Sed. Ba$1¢ Ilnan¢l•l114bllhl Basic financial liabilrties, induding ¢￿[tOrS and bank loans arè initsally recognised al transaction price unles5 the arrangement conslitules a financing Iransaction. where Ihe debt instrument is measured at the present value ol the lulure payrnen15 di5counled at a market Tale ol interest. Finanaal liabilitie$ Classified as payable within one year are nol amortised. Debt instrLtm•nts are subsequenlty carried at amortisgd co$1, using the effective interest rate method. Trade credilofs are obligation5 to pay for goods or serv￿3 that have been acquired in the ordinary course ol operation5 frorn suppliers. Amounts payable are dassified as currgnl liabilities if payment is due within one year or less. 11 not, they arè pfasènted as non-current liabilities. Trade uedilors are recogni5ed initially al transaction price and subsgquenlty measuced al amortised cost using the effective interest m8thod. Derecognifion olllnanclalliabllitles Financial liabilities ale dere￿gnised when the Charity's contraciual obligation$ expire or are discharged or cancelled. 1.7 Employee benefits The cost of any unused holrflay enlthemenl is reco9nised in the period in which Ihe employe&'s services are feceived. Termination benefits are recognisèd immediately as an expense when the Charity is demonstrably cornmilled to teminate tho employment ol an employee or tts wovide leimmalion benefits. SEEKER OF KNOWLEDGE TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Crltical accounting estlmat•s and Judgernents In the application ol the Ch8rity'5 accounting policaes. the Twslees are required to make judgements, estimates and assumption5 about the carying amount ol assets and liabilities that are not rèadily apparent from other 50urce5. The estimales and assoaated assumptions are based on historical experience and other factors that are considered to be rol&vant. Adual fgsulls may differ from these estimate$. The estimates and undedying assumplions are reviewed on an ongoin9 basis. Revisons to accounting estimates are recognised in the period in which the estimate is re￿$￿d where the revision affects only that period, or in thè period of the iew5ion and fvtU￿ periods where Ihe rtrvision affects both current and future periods. In¢ome from donatlons and l•gacl•$ Unrestrlct•d lunds 2025 Unrèstrfct•d funds 2024 Donations and gilts 80.579 23,598 Expondltuf• on ¢harttabl• actlvlt5 Charltsble Charltable •xp•ndlture expenditure 2025 2024 Dlr•ct ¢o$ts Staff costs Printing and stationary Repairs and maintenance Sundry Computer cost 2,160 3,500 244 24 368 2,207 3,381 8,037 4,700 Analysis by fund Unr¥slricted funds 8.037 4,700 Net movemènt In lund$ 2025 2024 The nel movement in funds rs stateil after ¢hargingll¢xeditingl'. Fees payabje for Ihe independenl examination ofthe charity's finanu slalemenls Trustees None of Ihe Trustees {or any persons Conneded with them) le￿￿&d any remuneT*ion or benefits trom the Charity during the year. SEEKER OF KNOWLEDGE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 Employees The a￿rage Month￿ nurnber of ern￿oYeeS durin9 U)e year was.. 2025 Numbor 2024 Number Total Employm•nt costs 2025 2024 Wagtt5 and salaries 2.160 3.500 There wero no amployees whose annual rernuneration was mofe than E60,(￿. R•munor•tlon of k•y managgm•nt p•r•onn•l The remun¢ralion ol key management personnel was as folk)ws'. Taxatlon The charity 1$ exempl from taxation on ils actiMtig$ because an it$ income is appliad for charitable purpos89. Unr•8trl¢t•d lunds The unrestricted funds of the charity cornprise the unexpended balances of donations and granls which are not subjed lo specific ¢ondrtions by donors and grantors as lo how they may ba u$gd. These include d8$ignaled funds which have be8n sel a$i4& oul of unrestricted funds by the Iwslees for sperAfic Pu￿$￿$. At l April 2024 Incomlng r•sourc•s R•sour¢o$ At 31 March •xp•nded 202S General funds 18,898 80.579 18,03n 91,440 Prevlous y•ar: At l Aprll 2023 Incoming fesources R•80ur¢e$ At 31 March oxpended 2024 General funds 23,598 14,7001 18,898 10 R•lated party transactions There wero no disclosable related party transaclions during the year12024- none). 10- SEEKER OF KNOWLEDGE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Cash generated from operdtlons 202S 2024 Surplu5 for the year 72,542 18,898 Cash g•norat•d from 0￿ratIOnS 72.542 18,898 12 Analysls of Chang￿ In n•t fund$ The Charity had no material debl during Ihg year.