CHAAITY REGISTRATION NUMBER- 1203511 Action For Languages CIO Unaudited Financial Statements 30 September 2024 Chartered accountants 1 Sun Street Finsbury Square London EC2A 2EP Action For Languages CIO Financial Statements Year ended 30 September 2024 Page Trustees, annual report Report to Action For Languages CIO on Ihe unaudited financial information statemenl of financial activities Statement of financial position Statement of cash flows Notes lo the financial slalemenls Action For Languages CIO Trustees, Annual Report Year ended 30 September 2024 The trustees present Ihelr report and the unaudlled Ilnanclal statements ol the charlty lor ltte year a￿ed 30 September 2024. Reference and admlnlstratlve detalls Reglstered charliy name A¢llon For Languages CIO Charlty iè91gtratlon numbgr 1203511 Prlnclpal offlce CIO Sldlkies 14 SUN STREET London EC2A 2EP The trustees Mr Jose Luis Gil del Palacio Mr ANinderjil singh Sandhu Mrs Jane Michele Telzlall Accountants Sldlklas Chartered accountanls 1 Sun Street Flnsbury Square London EC2A 2EP Slruclure. goveinance and management Slruclure.. This charily is governed by a trust deed dated 12 June 2023. Recruittnenl.. The charSty lakes into account experience, qualificallon and dedication lo charitablo causes whgn r&Grulllng and appointing ntsw Iruslees. The Iruslees have assessed the major risks lo whlch the eharSty are exposed and are salisf1ed that sysl8ms are in place lo miligal8 exposure lo these risks. Oblectlves and actlvliles The object ol the GIO is.. the advancement ol education lor Ihe benefit ol the public in north wesl India and sueh other parts ol the world as the Irustees shall from tlme lo lime determine, by.. lal tho pro￿5￿an ol linanclal assistance and olh8r gducalional resources lo schools to gnawg them to deliver free elementary education in their llalive languages lo children and young people from socially and economically disadvantaged backgrounds,. Ibl the pro¥ision ol support to registered dance schools lo lo enabl8 them lo provlde free classical ballet lessons lo ehlldren ancs young peotAe from $o¢lally and economically (Jisaévanlaged ba¢kgrounds. Action For Languages CIO Trustees, Annual Report Iconiinued) Year ended 30 September 2024 Achlevements and performance The oblecl ol the CIO is.. the advancement ol edueation lor the ben$lll ol the publi¢ In north wesl Indla and such oth8r parts ol th8 world as Ihg Iruslees shall from lime lo lime determine, by.. lal the provlsion of financial asslslance and other educational resources to schools to enable them to deliver free elementary educal¢on in their native languages lo ohildren and young peoplè from socially and eeonomieally disadvantaged backgrounds,. Ibl the provision ol support lo registered dance schLX)Is to 10 onable them lo provlde Iroe classl¢al ballet lessons lo children and young people from socially and economically disadvantaged backgrounds. Flnanclal revlew Tha charity had no Ilnancial Iransaellons In lh8 ￿ar. The trustees. annual report was approved on 27 August 2025 and signed on bèhalf ol Ihe board ol Irustees by.. Mr Jose Trustee uis Gil del Palacio Action For Languages CIO Report lo Actlon For Languages CIO on the Unaudited Financial Infomiatlon of Actlon For Languages CIO Year ended 30 September 2024 As described on the slalemenl ol Ilnancial posillon, the IrLJslees ol the charity are responsible lor the preparation ol the financial statements lor the year ended 30 Seplembèr 2024, which compiise Ihg slalemenl ol linancSal poslllon. slalemenl ol cash Ilows and the related notes. You conslder that the charity is exernpl from an audlt urKler Ihe Charilles A¢1 2011. In accordance with yOLJr instructions we have complled these financial statements in order lo assist you lo lullil your slalLJlory responsibilities, Irorn the accoullllng records from information and explanalSons 8upplled to us. SIDIKIES Chartered accounlanls 1 Sun Street Finsbury Sqtjare London EG2A 2EP Action For Languages CIO Statement of Financial Activities Year ended 30 September 2024 2024 Total lund8 Nola Total Incomè Total expenditure Net income Fleconclllatlon of funds Total funds broughl forward Total ￿ndS ¢arrled forward Thè nole$ on page$ 7 to g totm part ol theso Ilnanclal $tst¥ments. Actlon For Languages CIO Statement of Financial Position 30 September 2024 2024 Note These Ilnan¢ial slalemenls were approved by the board ol Irust¢es aulhorlsed lor issu$ on 27 August 2025, and are signed on behalf ol the board by.. Mr Jose Luls Gll d81 Palacio Trus18e The noles on pages 7 10 9 IOTM part ol these flnanclal stalements. Action For Languages CIO Statemenl of Cash Flows Year ended 30 September 2024 2024 Net decrease In cash ond cash 8qulv8lent$ Cash and cash equivalents at beglnnlng of year Cash and cash equivalents at end ol year The notes on pages 7 to 9 torm part of these Ilnan¢lal statements. Action For Languages CIO Notes to the Financial Statements Year ended 30 Seplember 2024 Genèral Inlormailon The charity is a publlc benefit entlly and a regislored charlly In England and Wales and Is unincorpoiated. The address ol th8 principal ollice is CIO Sidikies. 1-3 SUN STREET, London, EC2A 2EP. statement of compllance These IlnancSal slalemenls have been prepa¥ed In ¢ompllan¢e with FRS 102, 'The Financbal Reporting Standard applicable in Ihe UK and the Flgpublic ol Ireland,, Ihe Statement ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Flnanclal t4eportlng Standard appllcable In the UK and R6publl¢ ol Ireland IFRS 1021 Icharitles SORP IFFIS 10211 and the Charlli¢8 Act 2011. A¢¢ounllng poll¢le$ Basls ot preparatlon Th8 linallcial slalerHenls have been prepared on tha historical cost basis, as modified by the rèvaluallon ol certain financial assets and liabililies and Inveslm$nl propertles rneasured al lair value Ihrouoh income or expendilure. The linanclal statements are prepared In $18rlina, whkh Is the functional currency ol the entity. Golng concèrn There are no material uncertalnlie8 about the charitys abillty to continue. Statement of financial activities Judgements and key sources ol estlmatlon un¢erl8lrEty The charity not undertake any acliwt18s and there were no receipts or payments during th& year. Fund accounllng Unrgslrlcled funds are avallable lor use al the dSscrellon ol tha Irusle68 lo lurlh8r any ol the charitls purposes. Designated funds are unreslricled funds eaimark8d by th8 Irusl88s lor particular lulure project or commilment. Restricted funds are subjected to reslriclions on their expendiluye d8clared by the donor or through the terms ol an appeal, and fall Into one ol two sub-classes.. reslrFcled Income funds or endowm8nt funds. Action For Languages CIO Notes lo the Flnanclal Slatemenls (contlttuedl Year ended 30 September 2024 Accountlng pollcSes iconiiNJu￿J Incomlng resource$ All Incomlng resources are included in the slal8m8nl ol Ilnancial a¢livilies whtsn enllllemenl has passad lo thè charity., il is probable Ihat the economic benefits associated with the transaction will tlow lo the charily and the amount can be reliaNy measured. The following spec11￿ polloles are applied lo particular categories ol income.. Income from donations or grants Is recognlsed when there Is 8vi(Jence of e￿￿tlement lo the gill, recelpl is probablg and ils amount can be measured reliably. legacy income Is recognised when receipt Is probable and enlllltrmenl Is eslaljished. Income from donated goods is measured at the lair value ol the goods unless thls 1s impyactical lo measure r8llably, in which case the value is darived from the cost lo the donor or the eslimaled resale value. Donaleé lacililles and sarvlces are recognised In th6 accounls when received il the value can be reliably measured. No amounts are included lor tho conlilbulSon ol genoral volunteers. income from oonlracls lor the supply ol servicgs is re¢ognlsed with the dellvery ol the ¢onlraeted servl¢e. This Is classllied as unr9slricled funds unless there is a contractual requir8m8nl lor il lo b8 SP8nl on a pariicular PLJrpose and returned il unspent, in which case il may be regarded as restrlcted. Resources expended Expendilure is recognised on an accruals basls as a Ilabilily Is Incurr8d. Expondilure includes any VAT whlch cannot bè lulty recovered. and is classified under headings ol ihe stalemenl ol flllanclal acliwlies lo which it Yelales.. axpendilure on raising funds includes the costs ol all fundraising aclivilies, events, non- eharilable Iradlng aolivilies. and the sale ol donaled goods. expenditure on charllable acllvi119s Includes all costs Incurred by a charlly in undertaking activities Ihal further its charitable aims lor the benelll ol ils beneliclaries, includlng thosè support cosis and costs relating lo the governance ol the charity apportioned to charita￿8 aclivilles. other expenditure includes all expenditure Ihal Is nellher related lo raislng funds lor thè charily nor parl ol ils expendilure on charitable aclivilies. All costs are allocated to expenditure calegorles reNe¢ting the use ol the r¢8our¢e. Direct costs altrlbulable to a slngle activity are allocated dlrectly to that activily. Shared costs ar9 apportlon6d between th8 activitiès th8y contribute ID on a reasonable, jusliliable and consistent basis. Financi81 instrumenls A financial assgt or a linanclal liability is iecognised only when the Gharily becomes a party lo the conlraetual provisions ol the instrumgnl. Ba8lc Ilnan¢lal Inslrumenls ara initially r8cognlsed al the arllounl receivab￿ or payable including any related Iran5aclion costs. Action For Languages CIO Noles to the Flnanclal Statements (¢oniinuedl Year ended 30 Septemb8r 2024 Aeeounllng pollttle$ (cantlnuorl) Financlal Instrum&ntS (conllnued) Current assets and ¢urrtsnl Ilablli1Stss are subsequonlly moasurod al the cash or other conslderation expecled lo bg paid or received and not discounted. Dabl instrumonis are subsequently maasured al amortlsad cosl. Where investments in shares are publicly Iradad or Iheir lair valLJa can olhenmisa be measured reliably, the investment Is subsequently measured al l&lr value ￿th changes in lair value recognlsed In income and 8xpendilure. All other such investments are subsequently measured at cost less impairrnenl. Other financial inslrumenls, including derwalives, are initially recognised al lair value, unless payment lor an asset is deferred beyond normal business lerms or linanced al a rale ol interest that is not a maikel rate. in whSch Ca￿ th8 ass61 is maasurod al the prè5$nl value of the lulure payments discounted al a market rale ol interest lor a similar debt inslrumenl. Other Ilnanclal Inslrumenls are SLJbsequenlly measured al lalr vJue, wllh any changes ro¢ognised Iri the slalement ol linancial actiwlles, whh the exceplloll of hedging instruments in a designated hedging relationship. Flnan¢lal ass&ls that arts rlltrasured al Cost or amortlsed cost are revitswed lor objective evidence ol impairmenl at the end ol each reporting date. 11 there is objeclive evidence ol impairment, an lrnpairment loss is recognlsed under the appropriate heading in the slalemenl ol Ilnancial activities in which thè initial galn wa5 racognissd. For all equity instruments regardless ol signilieance, and othw financial assèts that ar individually signilieant, these are assèss8d individualty lor impalrmènl. Olh8r linanclal assets 8ra ¢ilher ass855ed indivldually or grouped on the basls tsl slmilar credit risk characteristics. Any reversals ol Impalrmenl are recognlsed Immedlalely, lo the exlenl that Ihg reversal does not r85uII in a ¢arryqng atnounl ol the liNan¢ial ass81 Ihal 8XC88ds what the carrwng amount would have been had the Impalrment not prevtously been recognlsed. Stalt costs Th& average head count ol employees durlng the year was Nil. No employee recelved employee benefits ol more than £60,(MJO durlng tho year12023.' Nill. Trustee remunerallon and expenses No remungraliofj or olh8r benefits Irorn etn ￿0yrne￿I with the charity or a related ell￿ty were received by the Iruslees. Analysls ot changes In not debt At Al l Oct 2023 Cash flows 30 Sep 2024