COMPANY REG13TRATION NUMBER: N1636289
CHARITY REGISTRATION NUPJIBER." NIC104886
Integrated Education Fund
Company Limited by Guarantee
Financial Statements
31 March 2025
Finegan Gibson Ltd
Chartered accountants & statutory auditor
Causeway Tower
9 James Street South
Belfast
BT2 8DN

Integrated Education Fund
Company Llmited by Guarantee
Statement of Flnanclal Activities
(including income and expendlture account)
Year ended 31 March 2025
2025
Restricted
funds Total lund5 Total funds
2D24
UnrestrFCted
funds
Note
Ineome and andowmgnts
Donations and legacies
Charitable activities
Other trading activities
Investment income
165,629
9,994
19,655
51,150
246,428
229,068
1,347,607
50
394,697
1,357,601
19,705
51,150
278,080
1,541,180
120,149
43,272
Totsl Incoma
1,578,725
1,823,153
1,982,681
Expendlture
Expenditure on ralsing funds..
Costs of raising donations and
legacies
Expenditure on charitable activllies
other expendlture
Total èxpenditure
(98,543)
(28,2021 (126,745}
1210.048)
1192.655) {1,671,1 $11 {1,863,846) (1,654,585)
(68)
(S8)
{2791
1291,2661 {1,699,3931 11,990,e59) (1,864,912)
io
12
Net {losses}Igalns on Investment5
13
(10,127)
110,127)
26,741
Net {expondlturo)Ilncoma and not
mov•m•nt In funds
(54,965) 1122,668)
(177,633)
144,510
Reconciliation of funds
Total ftjnds brought forward
Total funds carrl&d foThvard
1.588,573
715,394
592,728
2,303,967
2,159,457
1,533,608
2,126,334
2,303,967
The statement of flnan¢ial acllvitl8s Includes all 9ains and losses recognised in the year
All income and expenditure derive from continuing activities.
.i'ar..:

Integratad Education Fund
Company Llmlted by Guarantse
Statament of Flnancial Posltion
31 March 2025
2025
2024
Note
Flxed as58ts
Tangible fixed assets
Investment8
18
7.1B3
19 1,218,273
1,225,456
9,645
1,228,400
1,238,045
Current assets
Debtors
Cash at bank and In hand
20
28,036
1,371.672
1,399,708
74.233
1,399,208
1,473,441
Creditors: amounts falllng due within onè yèar
Net current ags8t5
21
(467,309) (301,491)
932,399
1,171,950
2,157,855
2,409,995
Total assets108s currnnt liabllllleg
Credltors: amounts falling due aftèr moro than ono yoar
Net a$8•ts
22
131,5211 (1 a6,0281
2,126,334
2,303,967
Funds of the charlty
Restrlcted funds
Unrestrlcted lunds
592,726
1,533,608
2,126,334
715.394
1,588,573
2,303,967
Total charity funds
24
These financial statements have been prepared in accordance with the provl8ion5 applicable to
companies subject to the small companies, regime.
These financial statements were approved by the board of trustees and authorised for issue on 20
August 2025, and are signed on beha￿ ofthe board by..
S Diver (Treasurer)
Trustee
30

Integrated Education Fund
Company Limlted by Guarantee
Statement of Cash Flows
Year ended 31 March 2025
2025
2024
Cash flov￿ from operatlng actlvities
Net (expenditurellincome
(177,833)
144,510
Adjustments for
Depreciation of tangibl8 fixed assets
Net {losses}Igaln5 on investments
other Inte￿5t receivable and slmilar income
Loss on disposal of tangible fixed assets
Accrued expeTTrses
2,394
1a,127
151,150)
68
86,026
3,215
(26,741)
(43,272>
279
214.412
Changes In..
Trade and other debtors
Trade and other creditors
46,197
5,285
178,688)
{47,813)
124,373
368,963
Cash generated from operations
Interest recelved
51,150
127,536)
2,894
Net cash (used in)lfrom operating activlties
371,857
Cash flows frorn Inv•stlng actlvltles
Purchage of tangible a5$et8
Purchases of other Investments
Proceeds from sale of other investments
Other investing cash flow adjustment
Net cash from investlng activities
{3,780)
1804,825)
794,827
40,378
26,600
Net (decrease)lincrease In cash and cash equlval8nts
Cash and cash equivalants at beginning of yoar
Cash and cash equlvalonts at end of year
(27,536)
1,3g9,208
1,371.672
398,457
1,000,751
1,399.208

Intagrated Education Fund
Company Llmited by Guarantea
Notes to the Financial Ststements
Year ended 31 March 2025
General information
The charity is a public benefit entity and a private company limited by guafanlee, fegistered in
Northern Ireland and a registered charity in Northern Ireland. The address of the registered Dffice
s Foresfvlew, Purdy's Lane, Belfast, BT8 7AR.
statsrnont of compllance
These financial statements have been prepared in compliance with FRS 102. 'The Flnancial
Reporting Standard app5icable In the UK and the Republlc of Ireland,, the Slaternent of
Recommended Practice applicable to charities preparing their accounts in aG¢ordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) {Charlties
SORP (FRS 102)) and the Companias Act 2006.
Accounting poli¢i88
Basls of prnparatlon
The financial statements have been prepared on the hlstorlcal cogt ba$l$, as modlfied by Ihe
revaluation of certain financial assets and liabilit183 and investment propertigs measured at fair
value through income or expenditure.
The financial statèments are prepared in sterfing, which is the fvnctional currency of the entiiy.
Going concorn
The￿ are no material uncertainties about the charity's abllity to continue.
Judgemonts and key Sources of estlmation uncertalnty
The preparation of the linancial statements requires management to make judgements,
eslimales and as5UrnPtions that affect the arnounls reported. These eslimales and judgements
are continually reviewed and are based on experience and other factors, induding expectations
of future events that are believed to be reasonable under the circumstsnces.
Fund aGcountlng
Unrestricted funds are avallable for use at the discretion of the tru51ees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
qsb5:.ric+#d funds arè subjected lo rastricliens ?r.. laair expeilditurts dO￿lar￿d by Trhe donor or
'.hrough Ine lertfii or an. 30p￿31 and Fail inl.) ona cf Iiil"Q iub-pla>.>•i r
al,"Irred Iricom• fu'nd> or
P."l.)'JvryarP funa?
32

Integrated Education Fund
Company Limited by Guarantse
Notes to the Financial Statements f¢ontinuedJ
Year ended 31 March 2025
Accounting policies {et)ndnuedJ
InGoming rèsourceg
All incoming resources are Included in the ststemenl of financial activib'e$ when èntitlem8nt has
passed to the charty,. It Is probable that the èconomic benefits assoclated with the transaction
will flow to the charity and the amount can be reliably measU￿d. The following specific policies
are applied lo particular categories of income..
income from donations or grants Is recognised when there is evldence of entitlement to the
gift, recelpt is probable and its amount can be measured reliably.
legacy Income 1$ recognised when recelpt is probable and enttuement 18 egtabllshed.
income from donated goods is mea5ur8d at the fair value of the goods unless this is
Impractical to measure reliably, In which Gase the value Is dertved from the cost to the donor
or the estimated resale value. Donated facilitles and services are recagnised in the
accounts when received if the value can be rellably measured. No amounts are included for
the contribution of general volunteers.
income from contracts far the supply of services is racognised with the dellvery of the
contracted se¢vice. This is classified as unrestricted funds unless ther8 18 a contractual
requirement for it to be spent on a particular purpose and returned If ungpent, in whlch case
it may be regarded 85 restricted,
Resources expfrnded
Expenditure is recogni88d on an accruals basis as a liability is incurred. Expenditu￿ includes any
VAT which cannot be fully recovered, and is classlfled under headings of the statement of
financial activities to which it relates..
expenditure on raising funds Includes the costs of all fundraising activities, events,
non-charitable Iradlng actlvitles, and the sale of donated goods.
expenditure on charitable activities includes all costs inGurred by a charity in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, Including those
support costs and costs relating to the governance of the charity apportioned lo charitable
activities.
other expendlture includes all expenditure that is neither related to r8ising funds for the
charity nor part of ils expenditure on charitable a¢livitl8S
All costs arts 311ocaled lo expendilur? cal￿gar1e5 rJflecling the use or the resource Direct costs
al4110.Jiable 10 3 aingla acliiiiiy ar: allo,:
-d dir!CLIy
O tha,, ar;I'.1114/ ahared coslJ ars aoogrrioie
a,=r. 'Iie> t,i-'I
Opera'.in.g leaJ"
33

Integrated Education Fund
Company Limited by Guarantee
Notes to the Financial Statements Iwrtinuedj
Year ended 31 March 2025
Accounting policies (¢ontinued)
Tanglble assets
Tangible assets are initlally recorded at cost, and subsequently stated al cost less any
accumulated depreciation and impairment losses. Any tangible assets carrled at ￿valued
amounts are recorded at the fair value at thè date of revaluation less any subsequent
accumulated depreGialion and subsequent aGcumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation, is recognlsed in other
recognised gains and losses, unless it reverses a Gharge for impaimient that has previously been
recognised as expenditure within the statement of finarnclal actlvlties. A decrease in the carrying
amount cf an asset as a r8suIt of revaluation, is recognised in other recognlsed gains and1055es,
except to which it offsets any previous revaluation gain, in which case the loss is shawn within
other recognised gains and lo$se5 on the statement of financlal activities.
Deprnciation
Depreciation is cal¢ulated so as lo wrlte off the Cost or valuation of an a$8et, le$8 Its resldual
value. over the useful economic life of that asset as follows:
Furniture
office equipment
25% reduclng balance
25% reducing balance
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured al fair
value. If fair value cannot be reliably measured, assets are measured at cost less impalrmenl,
Llsted investments are measured al fair value with changes In lalr value belng recognised in
income or expenditure.
Impalrmont of fixed assets
A review for indicators of impairment Is carried out al each reporting date. with the recoverable
amount belng estimated where such indicators exist. Where the carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible ￿VerSal al each reporting dale.
For the purposes of impaiTment lesting, when it is not possible to estimat& the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of the
cash-generaling unit lo which the asset belongs The cash-generating unit is the smallest
Iden;'"iable group OT asset> that includes the asset and generates cash infloiNS thai
largely
indepeLidenl of the cash inflows from other assets or groups ol assats
?1 iiypairmeni le?15no o,- goodiJiJjli
Che gOod￿Vill acquirtsd In a bu?ine>> Trombin3rion 1>. Iromi Ihe
3CIUl>irion dale allo,=
,y lo of lil è ¢asn-geD.era',ing iiniis Ibar ax 3"
-led LO ve*ie-i: ',rom
ihe a'in>rgies ai Ih
¢voinalion. irra jo#pliiia ol whether oliier a5ieTrS g..
3$8igr,ed lo Ino•e L,'nils
34

Integrated Education Fund
Company Llmlted by Guarantee
Notes to the Financlal Statements (¢onllnu•dJ
Year ended 31 March 2025
Accounting policl8s {continued)
Defined contrlbutlon plans
Contributions to defined contribution plans ar8 recognised as an expense in the pèriod in which
the related service is provided. Prepaid contributions a￿ recognised as an asset to the extent
that the prepayment will lead to a reductlon in future payments or a cash refund.
When contributions are not expected to be setued Wh￿lY withln 12 rnonths of the end of the
reporting date in which ltte employees render the related service, the liability is measured on
discounted present value basis. The unwinding of the discount is recoonlsed as an expense In
the period in whlch It arises.
Limlted by guarantse
Integrated Education Fund Is a company limrted by guarantee and accordlngly does not have
Sha￿ capital.
Every member of tre company undertakes to contribute such amount as may be requlred not
exceeding £1 to the assets of the charitable company in the event of Its being wound up whlle he
or she is a member, or wlthin one year after he or she ceases to be a mfjmber.
Don•tion$ and legaclos
Unrestricted
Fund8
Restricted Total Fund•
Funds
2025
Donations
McGralh Trust
Individuals & corporates
Integrated schools
153,291
12,338
228,612
456
381.903
12,794
185,629
229,068
394.697
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donatlons
McGralh Trust
Individuals & corporates
Inle9raled schools
125,000
106,140
7.042
125,000
146,038
7,042
39,898
238,182
39.898
278,080
35

Integrated Education Fund
Company Limited by Guarantee
Notes to the Financlal Statements leontlnuéd)
Year ended 31 March 2025
Charitablè a¢￿vItIeS
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Leonard Family
Other trusts & foundations
Pears Foundation
Hagan Homes
Irish Department of Foreign Affairs and Trade
National Lottery Fund - Dormant Accounts Fund Nl
IFI- Communilie5 In Partnership Programme
Eighty Elght Foundation
Northern Ireland Office (NIO)
64,000
30,000
133,250
300,000
94,680
7,821
7,856
170,000
540.000
64.000
39.994
133,250
300,000
94.680
7,821
7,856
170,OQO
540,000
1,357,601
9,994
9,994
1,347,607
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Leonard Family
other trust5 & foundations
Pears Foundation
Hagan Home8
Irish Department of FO￿l9n Affairs and Trade
National Lottery Fund - Dormant Accounls Fund Nl
IFI Communities in Partnership Programme
Elghty Elght Foundation
Northem Ireland Office INIO)
60,000
120,669
40,000
300,000
94,964
17,207
41,429
185.000
540,000
1,399.269
60,000
212,580
40.000
350,000
94,964
17,207
41,429
185,000
540,000
1,541.180
91,911
50,000
141,911
Oth•r trading activiti88
Unrestricted
Funds
Restricled Total Funds
Fund5
2025
Fundraising events
Gift Aid
18,128
1,527
18,128
1,577
50
19.655
50
19,705
Unraslricted
'icled Total Fur.ds
Funds
2024
r parai51P,3 èw>nls
,,P. .41
1.J? 730
l J2,73
750C
112 513
1?0.149
36

Integrated Education Fund
Company Limited by Guarantee
Notes to the Financial Statements (¢onJnu•d)
Year onded 31 March 2025
Investment Income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interest recelvable
Dividends
39,518
11,634
39,516
11,634
31,638
11,634
31,638
11,634
43,272
51,150
51,150
43,272
Costs of ralslng donations and legacle8
Unrestricted
Funds
Restrfcted Total Funds
Funds
2025
Costs of raising donations and legacies - Donations
98,543
28,202
126.745
Unrestrict8d
Funds
Restricted Totsl Funds
Funds
2024
Cost8 of raising dDnalions and le9acies - Donations
149,789
60,259
210,048
10. expondlture on charltable a¢tivitig8 by actlvlty typo
Activitle$
undertaken Grant funding
directly
of acts'vilies Suppert costs
Total funds
2025
Total fund
2024
Development & Growth
of Integrated Education
Govemance costs
377,968
1,094,617
361,364
29,897
1,833.949
29,897
1,634,843
19,942
377,968
1,094,617
391,261
1.863,846
1,654,585
11. Analys1$ of Support costs
Development
& Growth of
Integrated
Education Total 2025 Total 2024
Staff costs
Premises
Cor)municalions and IT
Geieral orf.;
Human r3iourpes
-rnance cgsls
Advocacy Cosi
237,577
42,705
16,954
2,721
33.6i1
29.897
?7.756
237,577
42,705
4S,954
2.721
33.651
29,897
27,756
189,666
44,513
14310
19,942
331,201
?¥6 85j

Integrated Education Fund
Company Limited by Guarantse
Notes to the Financial Statements (Cone￿I￿¢4)
Year ended 31 March 2025
12. Other expendlture
Unrestricted Total Funds Unrestricted Totsl Funds
Funds
2025
Funds
2024
Loss on disposal of tanglble fixed
assets held for charlty'8 own use
68
68
279
279
13. Not (lossosVgaln• on InvoStm•nts
Unrestrlcted Totsl Funds Unrestrlcted Total Funds
Funds
2025
Funds
2024
Galnslllos3es) on other investment
assets
110,127}
{10,127}
26,741
26,741
14. Net lexponditure)lincome
Net (expenditure}Ilncome 18 slated after Gharglngl{cr&diting):
2025
2024
Depreciation of tangible fixed as88ts
Loss on disposal of tangible fixed assets
2,394
68
3,215
279
15. Audltor5 remuneratlon
2025
2024
Fee5 payable for the audit of the financial statements
6,300
4.524
16. Staff Costs
The total staff costs and employee beneffts for the reporting period are analysed a5 follows-.
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefits
529,349
53,538
34,884
3,757
519.935
43,963
40,653
3,482
621,528
808,033
38

Integrated Education Fund
Company Limitsd by Guarantee
Notes to the Financial Statements (cgnihwed)
Year ended 31 March 2025
16. Staff costs (continufjd)
The average head count of employees during the year was 15 (2024.. 15), The average number
of full-time equivalant employees during the year is analysed as follows..
2025
2024
No.
Grant maklng
Fundraising
Advocacy
Governance
Parental Engagement
1S
15
The number of employees whose remuneratlon for the year fell withln the followin9 bands, We￿..
2025
2024
No.
£60,000 to £69,999
K•y Management P•rnonn•l
Key management personnel Include all persons that have authority and responsibility for
planning, directing and controlling the a¢tivStles of the charlly, The lotal compensatlon paid to key
management personnel ft)r services provided to the charity wa5 £335,491 {2024'.£319,230).
17. Trustee remuneration •nd expon509
The charily trustees did not receive any Income from employment with the charlty12024'. Nil} and
expenses of £165 were reirnbursed or were paid by the Fund during the year {2024: £200). No
trustee received payments for professional or other services supplied to the charity 12024.'Nil).
Donations of £24012024.'£330) were received from trustees.
39

Integrated Education Fund
Company Limited by Guarantee
Notes to the Flnanclal Statements (continuéd)
Year ended 31 March 2025
18. Tanglblé fixed assets
Fixtures and
fittlngs
Equipment
Total
Cost
At 1 April 2024
Dlsposals
At 31 March 2025
1,784
26,851
{897)
25.954
28,635
1897)
27,738
1,784
Depreclation
At 1 April 2024
Charge lor the year
Disposals
At 31 March 2025
1,456
82
17,534
2,312
(829)
19,017
18,990
2.394
(829)
20,555
1,538
Carrying amount
At 31 March 2025
246
6,937
9.317
7,183
9.845
At 31 March 2024
328
19. Inv••tm•nts
Cash or cash
Listsd
other
equivalents inve8trnents investments
Total
Cost or valuatlon
At 1 April 2024
Additsons
Fair value movements
410,998
413,577
403,825
1,228,400
(10,1271
403,450
{10,127)
1.218,273
At 31 March 2025
410,998
403,825
Impairment
At 1 Aprll 2024 and 31 klarch 2025
Carrylng amount
At 31 March 2025
410,998
403.450
403.825
1,218.273
At 31 March 2024
410,998
413.577
403.825
1,228,400
All investments shown above are held at valuatson.
Financial assets held at lair value
Tola,, ir.Yti-
',tyentS 3j 31 11113rch 202) iolallad £1218 273 ljiijrh L4a3.4oa of t￿,..5 balan￿
.3ld ar vaiua.ion iNi1￿. INIIC.=C Thts ramaining balance ip. iniieslmranli a￿> mad3 up .3f 14 b, 938 or
a >h,orP. Fr•a51Jry ,'xed Icbfri deposit accouil. with a malurily daie OT 3..3 Sep.."
ber 2Q2? and
a rllrtria: 1 19ar lixpd bond wJith a malurily dale OT 1 st Feoruary F4,34.825 Tbafe are no plans lo
iiinds irom ailher the deposit arcounl or 1 yaai
a.J bofjd wi ￿ Furd? being
-d Iwe'i both maL￿re.
40

Integratad Education Fund
Company Limited by Guarantee
Notes to the Flnancial Statements (contlnuedj
Year ended 31 March 2025
19. Investments feontlnuedj
Priorperiod classificadon
During the yèar, an error was identified in the prior yea¢s accounting for investments. The
investment, whl¢h was classified as a current a<*i5et Investment should have been classified as a
fixed asset investmenl. The impact of this ￿clasSIfICation on the prior yearfs statement of
financial position is as follows..
Current asset investments-. Decrease of £814,823
Flxed asset investments.. Increase of £814,823
This reclassification has no impa¢t on the prior yeals statement of profft or loss.
20. Debtors
2025
2024
Prepayments and accrued income
Other dèbtors
11.829
16,207
53,639
20,594
74.233
28,036
21. Credltors: amounts falllng dua within one yoar
2025
2024
Accruals and deferred income
Social security and other taxes
Other Creditors
103,530
8,757
355,022
467,309
17,504
10,436
273,551
301,491
22. Credltor9: amounts falllng due after moro than one year
2025
2024
Other ¢redilors
31,521
106,028
23. Pensions and othor post retlrgmènt benefits
Defined contribution plans
Th- amount r?cogni5ecl in iilcome 91
pan.a',lur? 33 ai Axpefjs￿ in r?lalion to darined
Dqiribo'.ign. olans lilia> V3J 884 12024 =49 ?i 3.,
41

Integrated Education Fund
Company Limited by Guarante8
Notes to the Financlal Statements [c¢￿tinued)
Year ended 31 March 2025
24. Analysls of charltabl8 fundg
Unregtrlctsd lundg
At
1 Apr 2024
Gains and
At
losses 31 Mar 2025
Income Expendlture
Transfers
General funds
1,588,573
246,428
1291,266)
(10,127) 1,533,608
At
1 Apr 2023
Gains and
At
losses 31 Mar 2024
Income Expenditure
Transfers
General funds
1,384,894
536,014
{383,126)
4.050
26,741 1,588,573
Restrlcted funds
At
1 Apr 2024
Gains and
At
losses 31 Mar 2025
InGome Expenditur?
Transfers
Trust Programme
The Carson
Awards
Parental
Engagement
Campaign
other funds
Irlsh Dept. of
Foreign Affalrs &
Trade
Leonard Family
Lincoln Awards
Hagan Homes
Northem Ireland
Office INIO)
Natlonal Lottery
Fund- Oorrnant
Accounts Fund Nl
IFI - Communities
in Partnership
Programme
32,318
148,314
(81,613)
32,946
131.965
29,985
125,349)
4,638
143,525
39,507
245,000
117,391
1231,0521 {46,839}
{93,020}
(4,577}
110,634
59,301
3,943
194,500
24,261
56.378
94,680
64,000
50
329,484
183,292)
(250,000}
110,2001
(347,162)
15,331
8.500
14,111
77,095
38,395
219.243
540,000 1568,1651 (19,925)
171,153
1,719
7,821
19,5401
715,394 1,576.725 11,699,393)
592.726
42

Integrated Education Fund
Company Limited by Guarantee
Notes to the Financial Statements (conthuod)
Year ended 31 March 2025
24. Analysis of charitable funds f¢oftthiued)
At
1 Apr 2023
Gains and
At
losses 31 Mar 2024
Income Expenditure
Transfers
Trust Programme
The Carson
Awards
Parental
Engagement
Campaign
other funds
Irish Depl. of
Foreign Affairs &
Trade
Leonard Famlly
Lincoln Awards
Hagan Home5
Northern Ireland
Office INIO)
Natlonal Lottery
Fund- Oormant
Accounts Fund Nl
IFI - Communitles
in Partner5hlp
Prograrnme
54,349
65,000
(69,390) {17,6411
32,318
23,716
6,251
{29,967)
199,304
50,314
235,000
20,634
(258,3511 {32,4281
131,041)
16001
143,525
39,507
4,905
164,500
19,778
22,072
97,264
70,758
13,483
339,442
(98,226)
{4Q.758)
(9,0001
{460,464}
3,943
194,500
24,261
58,378
155,328
223,522
540,000
1435,413} (108,866)
219,243
2,602
17,206
(18,089)
1.719
9,501
41,429
151,087)
774,563 1,446.667 (1,501,786)
157
(4,0501
715,394
43

Integrated Education Fund
Company Limlted by Guarantee
Notes to the Flnanclal Statements (cortlinued)
Year ended 31 March 2025
25. Analysis of not 8898ts betr￿00n funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed asset5
Investments
Cu￿ent assets
Creditors less than 1 year
Credltors greater than 1 year
Not a8s•ts
7,183
7,183
1,218,273
1,218,273
420.439
979,269
1,399,708
{112,287) {355,022) (467,3091
{31,521)
(31,521)
592,726
2,12e,334
1,533,608
Unrestrfcted
Funds
Restrlcted Totsl Fund5
Funds
2024
Tangible fixed assets
Investments
Current assets
Creditors less than 1 year
Creditors greater than 1 year
Net as88ts
9,845
9,645
413,577
413,577
1,258,715
1,029,549
2,288,264
193,364) 1208,127) (301,4911
(106,028) (106,0281
715,394
2,303,967
1,588,573
26. Ethical 8tandards
In common with many othèr businesses of our Size and nature we use our auditors to prepare
and submit retums to the tax authorities and assist with the preparatSon of the flnanclal
statements.
27. Taxatlon
The Company is a registered charity, and as such is entitled to tax exemptions on income and
profits in furtherance of the ¢harily'S primary objeclives.
d4

Integrated Education Fund
Company Limitsd by Guarantee
Notes to the Financial Statements (eortdnued)
Year ended 31 March 2025
28. Financial instruments
Financial assets
2025
2024
Nl Cèntral Investment Fund
1 Year Maturity Bond
1 Year Maturity Deposlt
403,450
403,825
410,998
413,577
403,825
410,998
1,218,273
1,228,400
The income, expenseg, nel gains and losse8 attributable to the charity's f5nancial instruments are
summari5ed as follow5..
2025
2024
Income and expenses
Fixed a556t investments - Nl Central Investment Fund
11,634
11,634
Debt instrurnents measured at cost less impairment
Current assets investrn8nts - 1 year maturity bonds
Current asset Investments - 1 yéar rnaturity deposits
18,159
18,284
14,074
14,670
40,378
48,077
2025
2024
Net Ilossesl and gains
Fixed asset inve31menls - Nl C8nlral Investment Fund
(10,127)
26,741
The total inl8resl Income and interest expense for financial assets and liabilities was £51,150
(2024'.£43,372J and £Nil (2024.£Nill respectively
29. Contingèncles
A conlingenl liability exists to repay grants and Trust monies received should certain condllions
nol be fulfilled by the Gharity. In the opinion of the Tru51ees, the terrns of the Leller5 of Offers
have been, or will be. Complied with and no liabillty is expected.
30. A14 alysis of ch3ngp.8 in r.et debt

Integrated Education Fund
Company Limited by Guarantee
Notes to the Financial Statements fconlinu•dJ
Year ended 31 March 2025
31. Operatlng lea80 cornmilmènts
The total future minimum lease payments under non-cancellable operating leases are as follows:
2025
2024
Not later than 1 year
Later than 1 year and not later than 5 years
42,241
166,%4
40.292
17.394
209,205
57,686
32. Rolated partl
There were no r81ated paty transactlons incurred during the year 12024-.Nll}. Other than the
reimbursernent of expenses made lo trustees Ise8 Note 171.
33. Grant commitmen18
Tha Charity has grant cofflmltments of £518,OQO which r818tes to future grant payments which
will be made when the recipient has fulfill8d the grant conditions.