THE SCHEHERAZADE FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
13038593 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 1 January 2025

End date: 31 December 2025

THE SCHEHERAZADE FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE SCHEHERAZADE FOUNDATION CIC

Balance sheet

As at 31 December 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,251 2,648
Investments:   0 0
Total fixed assets: 2,251 2,648
Current assets
Stocks: 4 0 800
Debtors: 5 2,050 0
Cash at bank and in hand: 1,985 14,271
Investments:   0 0
Total current assets: 4,035 15,071
Creditors: amounts falling due within one year: 6 ( 1,594 ) ( 3,500 )
Net current assets (liabilities): 2,441 11,571
Total assets less current liabilities: 4,692 14,219
Total net assets (liabilities): 4,692 14,219
Members' funds
Profit and loss account: 4,692 14,219
Total members' funds: 4,692 14,219

The notes form part of these financial statements

THE SCHEHERAZADE FOUNDATION CIC

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption 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 directors 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 21 September 2026
and signed on behalf of the board by:

Name: Timur Shah
Status: Director

The notes form part of these financial statements

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures, fittings and equipment - 15% reducing balance

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Tangible assets Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2025 3,116 3,116
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2025 3,116 3,116
Depreciation
At 1 January 2025 468 468
Charge for year 397 397
On disposals 0 0
Other adjustments 0 0
At 31 December 2025 865 865
Net book value
At 31 December 2025 2,251 2,251
At 31 December 2024 2,648 2,648

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Stocks

2025 2024
£ £
Stocks 0 800
Payments on account 0 0
Total 0 800

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

5. Debtors

2025 2024
£ £
Other debtors 2,050 0
Total 2,050 0
Debtors due after more than one year: 0 0

THE SCHEHERAZADE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 94 0
Taxation and social security 0 2,150
Accruals and deferred income 1,500 1,350
Total 1,594 3,500

COMMUNITY INTEREST ANNUAL REPORT

THE SCHEHERAZADE FOUNDATION CIC

Company Number: 13038593 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

In its fourth year of operations, The Scheherazade Foundation CIC continued to advance its three central aims: empowering women; building bridges between cultures; and unlocking the potential of folklore and traditional stories. The year was defined above all by the first anniversary of the World Story Bank, marked at Clarence House in an event hosted by Her Majesty Queen Camilla, and by the deepening of the Foundation's international partnerships in Morocco and Saudi Arabia. Key initiatives in this reporting period included: The World Story Bank: First Anniversary at Clarence House On 4 November 2025, the Foundation held an event at Clarence House, hosted by Her Majesty Queen Camilla, to mark the first anniversary of the establishment of the World Story Bank. Preparations for the event occupied much of the autumn. The event welcomed 50 guests, including designer Dame Zandra Rhodes, musicians Toyah Willcox and Robert Fripp, broadcasters Clive Myrie and Lyse Doucet, and Professor Geoffrey Hinton. The occasion gave the Foundation a prominent platform for its work to preserve, protect and rewild traditional stories, and affirmed the value of storytelling as a shared inheritance belonging to communities everywhere. Later in November, the Foundation met representatives of The Queen's Reading Room to establish a relationship between the two organisations, united by a shared belief in the power of books, reading and stories to enrich lives. Empowering Women and Girls The Foundation continued its support for women and girls with further donations to Too Young to Wed, which works to end child marriage, and to the Oliveseed Foundation, which develops education, literacy and livelihood programmes for women and young people in Kenya and rural Morocco. The Foundation also continued its collaboration with Hoopoe Share, the US-based female-led charity, with ongoing liaison and joint work to promote traditional tales through recorded story readings. Medal Initiative The Foundation continued to honour individuals whose work embodies its values. In 2025, medals were awarded to computer scientist and Nobel laureate Professor Geoffrey Hinton, singer-songwriter Loreena McKennitt, Nobel Prize-winning novelist Orhan Pamuk, musician Sir Roger Daltrey, photojournalist Sir Don McCullin, and photographer Steve McCurry. Spanning science, music, literature and photography, these awards celebrate cultural contribution, creativity and the pursuit of knowledge, and help to bring the Foundation's mission to new audiences. Storytelling and Traditional Knowledge In January, the Foundation took part in the Marrakech International Storytelling Festival, where CEO Tahir Shah gave a lecture on teaching-stories: tales used across cultures and centuries to convey wisdom and understanding. Held in one of the world's great centres of oral storytelling, the festival offered an opportunity to engage directly with storytellers and audiences, and to share the Foundation's approach to folklore as a living resource for learning and wellbeing. Cultural Diplomacy in Morocco In April, the Foundation hosted a reception at Dar Khalifa, its venue in Casablanca, for the British Ambassador to Morocco and members of the Embassy and Consulate staff. Building on the Casa Connect event held in partnership with the British Embassy in Rabat the previous year, the reception strengthened the Foundation's relationship with the diplomatic community and reinforced Dar Khalifa's role as a meeting place for dialogue between British and Moroccan cultures. Collaboration in Saudi Arabia In June, the Foundation held further discussions with the King Faisal Centre for Research and Islamic Studies (KFCRIS) in Riyadh on long-term collaboration, centred on the 1001 Stories project. In July, the Foundation held related meetings with Garen Moreno, representing the Diriyah Gate project. These discussions lay the groundwork for sustained work celebrating and preserving traditional Saudi folklore and heritage. Through these activities, The Scheherazade Foundation CIC has continued to demonstrate meaningful impact. It has empowered women and girls through its support for organisations tackling child marriage and expanding access to education and livelihoods, and through its continued collaboration with female-led partners. It has built bridges between cultures through cultural diplomacy in Morocco, developing partnerships in Saudi Arabia, and a new relationship with The Queen's Reading Room. It has also unlocked the potential of folklore through the World Story Bank and its public work on teaching-stories. Its medal initiative has meanwhile continued to celebrate those whose work enriches the shared cultural life of communities around the world.

Consultation with stakeholders

Our stakeholders this year included the storytellers, authors, readers and cultural organisations engaged with the World Story Bank. They also included the charities we support, including Too Young to Wed, the Oliveseed Foundation and Hoopoe Share; the recipients of our medals; and the institutions with which we are developing cultural partnerships in the United Kingdom, Morocco and Saudi Arabia. The event at Clarence House to mark the first anniversary of the World Story Bank was planned through close liaison with Clarence House throughout the autumn. It brought together 50 guests from the worlds of culture, science, broadcasting and the arts. The event also opened a dialogue with The Queen's Reading Room. In response, the Foundation held follow-up meetings with its representatives in November to establish a relationship between the two organisations. In supporting women and girls, the Foundation maintained dialogue with Too Young to Wed and the Oliveseed Foundation, so that its further donations were directed towards their continuing work. Ongoing liaison with Hoopoe Share guided our continued collaboration on the selection and presentation of traditional tales. With regard to the medal initiative, the Foundation was in direct communication with recipients or their representatives, ensuring the awards reflected shared values. Participation in the Marrakech International Storytelling Festival allowed the Foundation to engage directly with storytellers, organisers and audiences, and to share its thinking on teaching-stories with that community. In Casablanca, the reception at Dar Khalifa for the British Ambassador and members of the Embassy and Consulate staff built on the consultation begun with the Casa Connect event the previous year. It strengthened a relationship that continues to inform the Foundation's cultural programme in Morocco. In Saudi Arabia, further discussions with the King Faisal Centre for Research and Islamic Studies in June, followed by meetings with Garen Moreno of the Diriyah Gate project in July, focused on shaping long-term collaboration. These consultations are directly informing the development of the 1001 Stories project.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 September 2026

And signed on behalf of the board by:
Name: Timur Shah
Status: Director