Seven Hills Educational Trust

	Page
Trustees' Report	1—3
Independent Examiner's Report	4
Statement of Financial Activities (including Income and Expenditure Account)	5
Balance Sheet	6
Statement of Cash Flows	7
Notes to the Statement of Cash Flows	8
Notes to the Financial Statements	9—14

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

Objectives and Activities

Aims and Objectives

The purpose of the charity as set out in its governing document is that of the advancement of education of pupils and students (in particular but not exclusively pupils and students from the Muslim communities or Non Muslim Communities who agree to take classes in curriculum) attending the Charity’s Schools known as “Seven Hills Trust Schools” including Seven Hills School, Marathon House, 1-9 Evelyn Street, London, SE8 5RQ and also at such other Schools and Nurserys In the United Kingdom as well as Schools and Nurserys in any part of the World established by the Charity or as may from time to time be determined by its trustees as worthy of support in which both national curriculum and Islamic instruction in accordance with the doctrines and principles of the Islamic faith are given and to promote any other charitable purpose connected with or otherwise associated with the Schools, and in particular but not exclusively, to assist in:

a) the provision of facilities for the training of teachers at the Schools;

b) the provision of facilities for exchange students from overseas countries;

c) the provision of facilities and equipment to support the education (including sports recreation, social physical training, arts and culture) of pupils and students in the Schools;

d) the provision of financial assistance towards the maintenance and development of the Schools;

e) raising money to be contributed to the Schools bursary fund for awards to pupils and students at the Schools whose parents or guardians are in need of financial assistance, for the education of such pupils and students at the Schools and for the training of teachers.

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.

The Trust furthers its charitable purposes for the public benefit through the following key activities:

1. Advancement of Education: Providing education to pupils and students, encompassing both the national curriculum and Islamic instruction, open to students from Muslim and non-Muslim communities.

2. Educational Support and Facilities: Supplying facilities and equipment to support the broader education of students, including sports, recreation, physical training, arts, and culture.

3. Bursaries and Financial Assistance: Operating a bursary fund to provide financial awards to pupils and students whose parents or guardians are in need of financial assistance, ensuring the schools remain accessible to economically deprived children.

4. Wider Educational Development: Providing facilities for the training of teachers and facilitating programmes for overseas exchange students.

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

During the year ended 31 October 2025, Seven Hills Educational Trust continued to deliver on its core objective of advancing the education of its pupils. Our main achievements for the year include:

Academic Provision: Successfully provided national curriculum education and Islamic instruction to 50 pupils across our schools.

Facilities and Extracurricular Development: Enhanced the educational experience of our students by investing in facilities and equipment to support sports, recreation, summer school and cultural training, notably £22,633

Teacher Training & Exchange Programmes: Facilitated training programmes for over 10 teachers to maintain high educational standards.

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Seven Hills Educational Trust

Trustees' Report (continued)

For The Year Ended 31 October 2025

Reference and Administrative Details

Trustees

Mr Ilker Parlak - Trustee

Mr Kamil Canbay - Chair

Mr Osman Kocak - Trustee (appointed 01/12/2024) (resigned 01/10/2026)

Mr Ali Kosar - Trustee (appointed 01/01/2026)

Mr Omer Faruk Demir - Trustee (resigned 01/10/2026)

Mr Ali Mercan (resigned 25/06/2026)

Charity Number

1128139

Company Number

06716163

Independent Examiner

Cem Kizilcik Chartered Accountant

C&M Accountants Ltd

ACMA, CGMA, ICPA

52 Chestnut Drive
Sale
Cheshire
M33 4HH

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Seven Hills Educational Trust

Trustees' Report (continued)

For The Year Ended 31 October 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' report was approved by the board of trustees and signed on its behalf by:

Mr Kamil Canbay

Trustee

30/10/2026

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Seven Hills Educational Trust

Independent Examiner's Report to the Trustees of Seven Hills Educational Trust

For The Year Ended 31 October 2025

Independent Examiner's Report to the Trustees of Seven Hills Educational Trust

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2025.

Responsibilities and Basis of Report

As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner's Statement

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Cem Kizilcik Chartered Accountant

29/10/2026

52 Chestnut Drive
Sale
Cheshire
M33 4HH

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Seven Hills Educational Trust

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 October 2025

Statement of Financial Activities (including Income and Expenditure Account)

		2025	2024
		Unrestricted funds	Unrestricted funds
	Notes	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	379,437	252,025
Charitable activities:
Education/training		10,235	58,812
Other trading activities	4	219,300	260,467
Other	5	4,480	10,517

		613,452	581,821

EXPENDITURE ON:
Raising funds	7	(9,980 )	-
Charitable activities:	7
Education/training		(577,873 )	(517,656 )
Other		(35,434 )	(42,867 )

		(623,287 )	(560,523 )

NET (EXPENDITURE)/INCOME		(9,835 )	21,298


NET MOVEMENT IN FUNDS		(9,835 )	21,298
RECONCILIATION OF FUNDS:
Total funds brought forward		133,685	112,387

TOTAL FUNDS CARRIED FORWARD	17	123,850	133,685

The notes on pages 8 to 14 form part of these financial statements.

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Seven Hills Educational Trust

Balance Sheet

As At 31 October 2025

Balance Sheet

		2025	2024
		Unrestricted funds	Total funds
	Notes	£	£
FIXED ASSETS
Tangible Assets	12	14,807	14,807

		14,807	14,807
CURRENT ASSETS
Debtors	13	363,334	373,909
Cash at bank and in hand		10,926	10,013

		374,260	383,922
Creditors: Amounts Falling Due Within One Year	14	(219,074 )	(247,528 )

NET CURRENT ASSETS (LIABILITIES)		155,186	136,394

TOTAL ASSETS LESS CURRENT LIABILITIES		169,993	151,201

Creditors: Amounts Falling Due After More Than One Year	15	(46,143 )	(17,516 )

NET ASSETS		123,850	133,685

FUNDS OF THE CHARITY
Unrestricted Funds		123,850	133,685

TOTAL FUNDS	17	123,850	133,685

For the year ending 31 October 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.

On behalf of the board

Mr Kamil Canbay

Trustee

30/10/2026

The notes on pages 8 to 14 form part of these financial statements.

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Seven Hills Educational Trust

Statement of Cash Flows

For The Year Ended 31 October 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash used in operations	1	(17,066 )	(217,057 )
Interest paid		-	(925 )

Net cash used in operating activities		(17,066 )	(217,982 )

Cash flows from financing activities
Proceeds from new bank borrowings		28,627	17,516
Proceeds from new other loans		50,000	114,012
Repayment of other loans		(60,648)	-

Net cash generated from financing activities		17,979	131,528



Increase/(decrease) in cash and cash equivalents		913	(86,454 )
Cash and cash equivalents at beginning of year	2	10,013	96,467

Cash and cash equivalents at end of year	2	10,926	10,013

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Seven Hills Educational Trust

Notes to the Statement of Cash Flows

For The Year Ended 31 October 2025

Notes to the Statement of Cash Flows

1. Reconciliation of (expenditure)/income to cash used in operations

	2025	2024
	£	£
Net (expenditure)/income	(9,835 )	21,298
Adjustments for:
Interest expense	-	925
Impairment of heritage assets	-	1,113
Movements in working capital:
Decrease/(increase) in trade and other debtors	10,575	(373,909 )
(Decrease)/increase in trade and other creditors	(17,806 )	133,516

Net cash used in operations	(17,066 )	(217,057 )

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	10,926	10,013

3. Analysis of changes in net debt

	As at 1 November 2024	Cash flows	As at 31 October 2025
	£	£	£
Cash at bank and in hand	10,013	913	10,926
Debts falling due within one year	(114,012 )	10,648	(103,364 )
Debts falling due after more than one year	(17,516)	(28,627)	(46,143)

	(121,515)	(17,066)	(138,581)

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Seven Hills Educational Trust

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

Seven Hills Educational Trust is a company limited by guarantee, incorporated in England & Wales, registered number 06716163 and registered charity number 1128139 . The registered office is .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

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

2.2. Incoming Resources

1. Purpose and Scope

This policy establishes the framework for the receipt, management, and recognition of all incoming resources for the Seven Hills Educational Trust (the "Trust"). As a charity dedicated to establishing independent schools that elevate the academic and moral achievements of bright, economically deprived children, the Trust relies on a robust and transparent financial framework to fulfil its charitable objectives.

This policy ensures compliance with the Charity Commission for England and Wales guidelines and the Charities Statement of Recommended Practice (SORP FRS 102). It applies to all Trustees, school administrators, finance personnel, and volunteers involved in generating or processing income.

2. Principles of Income Generation

All income-generating activities must align with the Trust’s core mission. The Trust will not accept funds if the source conflicts with its moral and ethical values, or if accepting the funds poses a reputational risk that could hinder the Trust's ability to operate its schools.

3. Primary Sources of Income

3.1. Tuition Fees

Whilst the Trust’s primary beneficiaries are children, tuition fees represent a vital income stream (either paid in part by families, or subsidised through bursaries and external sponsorships).

3.2. Donations and Voluntary Income

The Trust actively seeks philanthropic support to fund its operations, capital projects, and bursary programmes.

Gift Aid: The Trust will maximise income by claiming Gift Aid on all eligible donations from UK taxpayers. Donors must provide a valid Gift Aid declaration.

3.3. Grants

Grants from foundations, government bodies, or corporate trusts are essential for capital expenditure and targeted educational programmes.

Application and Approval: All grant applications must be reviewed by the finance team to ensure the Trust can meet the proposed conditions before submission.

Grant Conditions: Upon receipt, grant terms must be thoroughly reviewed. Monies must be ring-fenced as Restricted Funds where applicable, and the finance team will maintain a schedule of reporting deadlines to ensure full compliance with the grantor's terms.

4. Income Recognition (SORP FRS 102 Compliance)

Incoming resources will be recognised in the Statement of Financial Activities (SoFA) when the Trust meets the following three criteria:

(a) Entitlement: The Trust has explicit and verifiable control over the rights to the resource.

(b) Probable: It is more likely than not that the economic benefits associated with the transaction will flow to the Trust.

5. Know Your Donor (KYD) and Anti-Money Laundering (AML)

Given the potential for high-value donations or lump-sum fee payments, the Trust will remain vigilant against money laundering.

The finance team will conduct appropriate due diligence on any single donation or fee payment exceeding £5,000, or a series of linked transactions from an unknown source.

Anonymous donations over £5,000 will be reported to the Charity Commission as a Serious Incident if the Trustees cannot satisfy themselves as to the funds' legitimate origins.

...CONTINUED

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Seven Hills Educational Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.2. Incoming Resources - continued

6. Review and Oversight

This policy will be reviewed annually by the Board of Trustees (or the designated Finance & Audit Committee) to ensure it remains compliant with updated Charity Commission regulations and the evolving needs of the Trust's educational network.

2.3. Resources Expended

Basis of recognition: Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Charitable activities: Expenditure on charitable activities comprises those costs incurred by the Trust in the delivery of its educational activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Raising funds: Costs of raising funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Support and governance costs: All costs are allocated between the expenditure categories of the Statement of Financial Activities (SoFA) on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly; others are apportioned based on staff time, headcount, or floor area. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity, including the independent examination fees and costs linked to the strategic management of the Trust.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33.33% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	33.33% Reducing balance

2.5. 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 three 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. Income from Donations and Legacies

	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	178,243	252,025
Grants	201,194	-

	379,437	252,025

4. Income from Other Trading Activities

	2025	2024
	Unrestricted funds	Unrestricted funds
	£	£
Non-charitable trading activities	219,300	260,467

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Seven Hills Educational Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Other Income

	2025	2024
	Unrestricted funds	Unrestricted funds
	£	£
Other income type	4,480	10,517

6. Net Income/(Expenditure)

The net (expenditure)/income is stated after charging/(crediting):

	2025	2024
	£	£
Impairment/(Reversal of impairment) losses - heritage assets	-	1,113

7. Analysis of Expenditure

			2025
	Activities undertaken directly	Support costs (see note 8 )	Total
	£	£	£
Raising funds	480	9,500	9,980
Education/training	12,632	565,241	577,873

	13,112	574,741	587,853

			2024
	Activities undertaken directly	Support costs (see note 8 )	Total
	£	£	£
Education/training	43,222	474,434	517,656

8. Support Costs

			2025
	Raising funds	Education/training	Total
	£	£	£
Employee costs	-	411,738	411,738
Premises expenses	-	105,043	105,043
General administration	9,500	43,458	52,958
Governance costs	-	5,002	5,002

	9,500	565,241	574,741

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Seven Hills Educational Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

	2024
	Education/training
	£
Employee costs	367,298
Premises expenses	94,631
General administration	5,420
Governance costs	7,085

	474,434

Independent examiner fee: £1,500.00

Legal governance costs £13,502.00

9. Independent Examiner's Remuneration

	2025	2024
	£	£
Independent examination of the financial statements	1,500	1,500

10. Staff Costs

Staff costs were as follows:

	2025	2024
	£	£
Wages and salaries	401,268	357,259

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

11. Average Number of Employees

Average number of employees during the year was: 24 (2024: )

12. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 November 2024	8,395	14,600	98,229	121,224

As at 31 October 2025	8,395	14,600	98,229	121,224

Depreciation
As at 1 November 2024	-	11,048	95,369	106,417

As at 31 October 2025	-	11,048	95,369	106,417

Net Book Value
As at 31 October 2025	8,395	3,552	2,860	14,807

As at 1 November 2024	8,395	3,552	2,860	14,807

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Seven Hills Educational Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

13. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	363,334	373,909

14. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,800	-
Other loans	103,364	114,012
Other creditors	48,621	69,561
Taxation and social security	65,289	57,455
Accruals and deferred income	-	6,500

	219,074	247,528

15. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	46,143	17,516

16. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Other loans	103,364	114,012

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	46,143	17,516

17. Movement in Funds

	As at 1 November 2024	Income	Expenditure	As at 31 October 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	133,685	613,452	(623,287 )	123,850


Total funds	133,685	613,452	(623,287 )	123,850

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Seven Hills Educational Trust

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

	As at 1 November 2023	Income	Expenditure	As at 31 October 2024
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	112,387	581,821	(560,523 )	133,685


Total funds	112,387	581,821	(560,523 )	133,685

18. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

	2025	2024
	£	£

19. Related Party Disclosures

20. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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