International Federation Of Training And Development Organisations Limited(The)

	Page
Reference and Administrative Details	1
Trustees' Report	2—4
Accountant's Report	5
Statement of Financial Activities (including Income and Expenditure Account)	6
Balance Sheet	7
Notes to the Financial Statements	8—13

Independent Examiner Nasa Accountants Limited

5th Floor Blok

1 Castle Park

Bristol

BS2 0JA

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International Federation Of Training And Development Organisations Limited(The)

Company No. 01829725

Trustees' Report For The Year Ended 31 December 2025

Trustees' Report

The trustees present their report and the financial statements for the year ended 31 December 2025.

Objectives and Activities

Aims and Objectives

IFTDO is the most multinational, multicultural Training and Development organization in the world with a truly diverse Board of Directors leading the organization. Our members form a highly diverse network of human resource management and development organizations globally, linking HR professionals in HR societies, corporations, universities, consultancies, government organizations and enterprises. IFTDO currently represents more than 500,000 professionals in about 25 countries. IFTDO's vision is to be a unique and effective resource to the HRD profession working globally for the betterment of life. IFTDO has as its fundamental and driving mission, to promote the concept of HRD as an effective tool, across all sectors of society, in order to increase personal and organizational effectiveness. The main object of the Charity is the development and maintenance of a worldwide network of information and HR dedicated to developing, expanding, and transferring the knowledge, technology, and impact of HR development throughout national and multi-national professional, educational, government and commercial organisations and their members.

We intend to continue operating in accordance with the current reserves policy and to maintain our programme of organising one international conference each year through host organisations.

Significant Activities

The development and maintenance of a worldwide network of information and human resources dedicated to developing, expanding and transferring the knowledge, technology and impact of human resource development throughout national and multi-national professional, educational, governmental and commercial organisations and their members.

The main activities of the charity to support of its objectives are an annual World Conference held in different parts of the world, IFTDO News and IFTDO Journal for members, a web site to enable exchange of knowledge, annual awards to recognize and promote outstanding HRD practices. In addition, the IFTDO participates in Training and Development events and provides a forum for the exchange of ideas and experiences. It also participates in activities of concerned UN agencies.

Public Benefit

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Achievements and Performance

Main Achievements

51st IFTDO World Conference and Exhibition, Jakarta

This was held successfully on 17-19 June 2025, at the International Convention Centre, Jakarta, Indonesia. on the Theme: The Future of People and Adaptive Organisation in the Digital Era Two Minsters from Indonesian Government were the Guests at the opening session on the first Day - June 17. There were 430 delegates, including complimentary and foreign delegates. There were over 20 sessions with about 34 speakers/moderators over the 3 days. The total no. of participants was about 350, including 50 foreign from 11 countries. The Cultural Program and the Gala Dinner was held on second day where IFTDO Awards were presented. The Conference was a great success.

The costs of hosting the conference were largely met by local organising partners and supporting government organisations.

Chapters: A new Chapter ASEAN was launched during the year, in addition to the existing IFTDO-AFRICA Chapter

Webinars: 14 Webinars were organized during the year

Website: A new Hub was added to the website.

Newsletter: Four Newsletters, edited by Dr. A C Joshi were released during 2025.

Women Empowerment Project in Nigeria - Third International Conference on ‘Women, Youth, Spirituality, Success Trio for Sustainable & Peaceful World’ Empowerment and Gender Equality Conference, was held on March 24-25, 2025, at New Delhi. As a part of third IFTDO-TOTAL Energies Project, monitoring of the 59 women so far empowered was undertaken, Approval to empower 15 more widows has been granted. Training was conducted for over 150 farmers on SAFE FARMING SAFE FOOD on July 17th, 2025, in Nigeria

IFTDO continues to have consultative status with ECOSOC of UN. It continued to participate in United Nations activities, including the UN Global Compact Program which is aimed at corporate citizenship in which over 10,000 organisations are participating in over 130 countries.

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International Federation Of Training And Development Organisations Limited(The)

Trustees' Report (continued)

For The Year Ended 31 December 2025

Financial Review

Reserves Policy

IFTDO's policy is to maintain reserves at around US$400,000 to ensure continuity of operation under all circumstances and to demonstrate sound financial management practices.

As at 31 December 2025, the reserves stood at US$408,068.

Structure, Governance and Management

Governing Document

Memorandum and Articles of Association incorporated 3rd July 1984 as amended by special resolutions passed 21st August 1985 and 26th August 1986, as amended by special resolution registered at Companies House on 21 Mar 2018.

Trustee Selection Methods

The General Body of IFTDO consists of all Full members of the IFTDO and members of the Executive Board. The Board consists of a President, President- Elect, Past President, Chair, Chair Elect, Honorary Treasurer and ten Members at Large and four representatives of the Associate Members, one representing each Region. The General Body, at the Annual General Meeting (held at the time of the Annual Conference), (i) appoints the President and President-Elect and Past President for a term of about one year, from one Annual Conference to the next, and (ii) elects the Chair and Honorary Treasurer and ten Members at Large for a two-year term, beginning the following January. It also elects a Chair-Elect for a one-year term, who is normally elected the Chair in the following year. The four Associate Member Representatives are elected region-wise by the respective Associate Members in the region. The Secretary can be elected or appointed and is presently appointed. The Executive Board runs the affairs of the Charity. It has appointed several Committees to help in different areas of activity.

Charitable objects

The objects of the federation are to advance education for the public benefit throughout the world by promoting or assisting in the promotion of training and planned processes to achieve effective performance by individuals of tasks and activities designed to enable them to realise their abilities in coping with the work of life.

Statement of Trustees' Responsibilities

The trustees (who are also the directors of International Federation Of Training And Development Organisations Limited(The) for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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International Federation Of Training And Development Organisations Limited(The)

Trustees' Report (continued)

For The Year Ended 31 December 2025

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.The Trustees have adopted the provisions of the Statement of Recommended Practise (SORP 'Accounting and Reporting by Charities') issued in March 2005.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Raed KHANFAR

Trustee

14/05/2026

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International Federation Of Training And Development Organisations Limited(The)

Accountant's Report

For The Year Ended 31 December 2025

Accountant's Report

Accountant's report to the board of trustees on the preparation of the unaudited statutory accounts of International Federation Of Training And Development Organisations Limited(The) for the year ended 31 December 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of International Federation Of Training And Development Organisations Limited(The) for the year ended 31 December 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Balance Sheet and the related notes from the charity’s accounting records and from information and explanations which you have given to us.

This report is made solely to the board of trustees of the charity, as a body, in accordance with our letter of engagement dated 05 February 2026. Our work has been undertaken solely to prepare for your approval the financial statements of International Federation Of Training And Development Organisations Limited(The) , and state those matters that we have agreed to state to the board of trustees of the charity, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than International Federation Of Training And Development Organisations Limited(The) and its board of trustees, as a body, for our work or for this report.

It is your duty to ensure that International Federation Of Training And Development Organisations Limited(The) has kept sufficient accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus or deficit of the charity. You consider that International Federation Of Training And Development Organisations Limited(The) is exempt from the requirement to have a statutory audit or an independent examination for the year ended 31 December 2025.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

14/05/2026

Nasa Accountants Limited

B7 Kestrel Court

Harbour Road

Portishead

BS20 7AN

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International Federation Of Training And Development Organisations Limited(The)

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 December 2025

Statement of Financial Activities (including Income and Expenditure Account)

		2025	2024
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	4	27,695	31,706
Investments	5	15,362	13,680
Other	6	1,305	-

		44,362	45,386

EXPENDITURE ON:
Raising funds	7	(53,419 )	(57,518 )
Charitable activities:	7

NET EXPENDITURE		(9,057 )	(12,132 )

Other losses		(501 )	(480 )

NET MOVEMENT IN FUNDS		(9,558 )	(12,612 )
RECONCILIATION OF FUNDS:
Total funds brought forward		334,788	347,400

TOTAL FUNDS CARRIED FORWARD	13	325,230	334,788

The notes on pages 8 to 12 form part of these financial statements.

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International Federation Of Training And Development Organisations Limited(The)

Balance Sheet

As At 31 December 2025

Balance Sheet

		2025	2024
		Unrestricted funds	Total funds
	Notes	£	£
CURRENT ASSETS
Debtors	11	2,320	-
Cash at bank and in hand		378,094	393,326

		380,414	393,326
Creditors: Amounts Falling Due Within One Year	12	(55,184 )	(58,538 )

NET CURRENT ASSETS (LIABILITIES)		325,230	334,788

TOTAL ASSETS LESS CURRENT LIABILITIES		325,230	334,788

NET ASSETS		325,230	334,788

FUNDS OF THE CHARITY
Unrestricted Funds		325,230	334,788

TOTAL FUNDS	13	325,230	334,788

For the year ending 31 December 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees on 14 May 2026 and were signed on its behalf by:

Mr Raed KHANFAR

Trustee

The notes on pages 8 to 12 form part of these financial statements.

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International Federation Of Training And Development Organisations Limited(The)

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

International Federation Of Training And Development Organisations Limited(The) is a company limited by guarantee, incorporated in England & Wales, registered number 01829725 and registered charity number 326633 . The registered office is B7 Kestrel Court Harbour Road, Portishead, Bristol, BS20 7AN.

2. Statement of Compliance

The financial statements 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.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention.

The charitable company is a Public Benefit Entity as defined by FRS 102.

3.2. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than twelve months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3.3. Foreign Currencies

The results and financial position of an entity whose functional currency is not the currency of a hyperinflationary economy are translated into a different presentation currency using the following procedures (IAS 21.39):

assets and liabilities for each balance sheet presented (including comparatives) are translated at the closing rate at the date of that balance sheet. This would include any goodwill arising on the acquisition of a foreign operation and any fair value adjustments to the carrying amounts of assets and liabilities arising on the acquisition of that foreign operation are treated as part of the assets and liabilities of the foreign operation (IAS 21.47);

income and expenses for each income statement (including comparatives) are translated at exchange rates at the dates of the transactions; and

all resulting exchange differences are recognised in other comprehensive income.

3.4. Taxation

The directors are of the opinion that the charity is exempt from tax as all its income is charitable and applied for charitable purposes.

3.5. Conference contributions

The guaranteed minimum conference contribution is recognised as income in the conference year. Any conference surplus is not recognised as income until actually received unless its receipt is reasonably certain.

3.6. Subscriptions

Subscriptions are recognised when they are received. Any subscriptions relating to future periods are treated as deferred income.

4. Income from Donations and Legacies

	2025	2024
	Unrestricted	Total
	funds	funds
	£	£
Member subscriptions and sponsorships	27,695	31,706

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International Federation Of Training And Development Organisations Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investment Income

	2025	2024
	Unrestricted	Total
	funds	funds
	£	£
Interest on short term deposits	15,362	13,680

6. Other Income

	2025	2024
	Unrestricted funds	Total funds
	£	£
Commission	1,305	-

7. Analysis of Expenditure

			2025
	Activities undertaken directly (see note 8 )	Support costs (see note 9 )	Total
	£	£	£
Raising funds	9,309	44,110	53,419

			2024
	Activities undertaken directly (see note 8 )	Support costs (see note 9 )	Total
	£	£	£
Raising funds	22,457	35,061	57,518

8. Direct Costs

	2025
	Raising funds
	£
Fundraising activities:
Awards	155
Printing and publications	1,064
Website	5,699
Hub	2,391

	9,309

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International Federation Of Training And Development Organisations Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

	2024
	Raising funds
	£
Fundraising activities:
Awards	222
Golden Jubilee celebration	10,017
Printing and publications	4,327
Website	7,891

	22,457

9. Support Costs

	2025
	Raising funds
	£
General administration:
Sundry expenses	560
Travel - Admin	1,336
Governance costs:
Accountancy fees	9,483
Executive Director's fees	15,940
Management fees	14,346
Bank and service charges	2,345
Loss (gain) on currency exchange	100

	44,110

	2024
	Raising funds
	£
General administration:
Sundry expenses	378
Travel - Admin	1,433
Governance costs:
Accountancy fees	6,849
Executive Director's fees	9,578
Management fees	14,368
Bank and service charges	2,033
Loss (gain) on currency exchange	422

	35,061

10. Average Number of Employees

Average number of employees during the year was: NIL (2024: NIL)

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International Federation Of Training And Development Organisations Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,320	-

12. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	39	(16 )
Accruals	2,400	2,288
Deferred Income	52,745	56,266

	55,184	58,538

13. Movement in Funds

	As at 1 January 2025	Income	Expenditure	Gains and losses	As at 31 December 2025
	£	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	334,788	44,362	(53,419 )	(501 )	325,230


Total funds	334,788	44,362	(53,419 )	(501 )	325,230

	As at 1 January 2024	Income	Expenditure	Gains and losses	As at 31 December 2024
	£	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	347,400	45,386	(57,518 )	(480 )	334,788


Total funds	347,400	45,386	(57,518 )	(480 )	334,788

14. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

15. Related Party Disclosures

During the year, Dr Uddesh Kumar Kohli, Company Secretary, provided secretarial and other services to the company, for which total fees and expenses payable amounted to £14,346.

During the year, Mr Peter Cosiamo Bavuso, Executive Director, received fees amounting to £15,940.

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International Federation Of Training And Development Organisations Limited(The)

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

16. Company limited by guarantee

The company is limited by guarantee and therefore there are no individual controlling parties. The company is controlled by the directors and its members.

17. Exceptional Items

Volunteers

The charity is dependent on the unpaid services of its Trustees in carrying out its activities. The Trustees do not receive remuneration for their services. No other volunteers were engaged during the year.

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International Federation Of Training And Development Organisations Limited(The)

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 December 2025

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2025	2024
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Membership subscriptions	27,540	31,484
Award income	155	222

	27,695	31,706

Investments

Interest on short term deposits	15,362	13,680

	15,362	13,680

Other

Commission	1,305	-

	1,305	-


	44,362	45,386
EXPENDITURE ON:
Raising funds
Awards	(155)	(222)
Golden Jubilee celebration	-	(10,017)
Printing and publications	(1,064)	(4,327)
Website	(5,699)	(7,891)
Hub	(2,391)	-
Sundry expenses	(560)	(378)
Travel - Admin	(1,336)	(1,433)
Accountancy fees	(9,483)	(6,849)
Executive Director's fees	(15,940)	(9,578)
Management fees	(14,346)	(14,368)
Bank and service charges	(2,345)	(2,033)
Loss (gain) on currency exchange	(100)	(422)

	(53,419)	(57,518)

	(53,419)	(57,518)

NET EXPENDITURE	(9,057)	(12,132)

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Trustees	Mr Ghalib AL HOSNI - Oman
	Mr Ahmed Mohamed ALZAYANI - Bahrain (appointed 19/06/2025)
	Mr Sheikh FALEIGH BIN SHEIKH MANSOR - Malaysia
	Dr Tayo Ola GEORGE - Nigeria
	Mr Ravi Ranjan Kumar GURU - India (appointed 01/01/2025)
	Dr Wafaa HAIDAMOUS - Lebanon
	Mrs Iyabo Janet Kofo JOLAOSO - Nigeria
	Mr Raed KHANFAR - Jordan
	Mr Mun Fatt LAI - Singapore (appointed 01/01/2025)
	Ms Sanja MIOVCIC - Bosnia And Herzegovina (appointed 18/06/2025)
	Dr Patricia PHILLIPS - United States
	Ms Olusesan Tayo ROTIMI - Nigeria
	Mr Atul SHAH - India
	Dr Mohammed Mahmood Mohammed SHAIKH - Bahrain (appointed 01/01/2025)
	Dr Chien Chung SHEN - Taiwan
	Mr Peter Cosiamo BAVUSO - United States (appointed 01/01/2025) (resigned 01/04/2025)
	Dr Vinayshil GAUTAM - India (resigned 08/01/2026)
	Mr Ayush GUPTA - India (resigned 31/12/2025)
	Ms Naveen LAKSHMAIYA - Fiji (appointed 01/01/2025) (resigned 16/11/2025)
	Dr Helmi Ibrahim SALLAM - Egypt (resigned 19/06/2025)
	Ms Teresa VALAIS - United States (appointed 01/01/2025) (resigned 22/11/2025)
	Dr Helmy Ibrahim Mohamed SALLAM - Egypt (appointed 01/01/2026)
	Ms Maria Eugenia Corrada WILLSON - United States (appointed 01/01/2026)
	Mr Pritam Singh MATTAN - Mauritius (appointed 01/01/2026)

Company Secretary	Dr Uddesh KOHLI

Charity Number	326633

Company Number	01829725

Registered Office	B7 Kestrel Court Harbour Road
	Portishead
	Bristol
	BS20 7AN

Accountants	Nasa Accountants Limited
	B7 Kestrel Court
	Harbour Road
	Portishead
	BS20 7AN