SllElKM NAZDI suri TRUST CLIRITY 110. 10417
Page I SBELKH IIAZIM SIIFI TrUST REPORT OT TRUSTEES YLIR KEIDZD 31ST J(ILY 2025 The trustee8 pr•$•nt thelr annual report togetber wlth tbe flllAtLelal statement8 of Shelkh NAzlm Sllfl Tru8t Itbe charlty) for the year ended 318t July 2025. The tru8tee8 eonflrn that the annu41 report 8Thd fln4ne141 8tAtevnts of tbe charlty comply wlth the requlremeTht8 of the Charltle8 Aet 2011. the charlty $ trust deed and Accountth8 and Reportkng by Charltle8: Statement of Recommended Practlce appllcable to eELarLtle8 preparlng thelr accowits aeeordAnce wlth the Flnanelal Report£n8 Standard8 appltcable ltt the Unlted Klngdom and Republ£¢ of Ireland IFRS 1021 le£fectlve 18t January 2015). ESTABLISHIIEIIT OF TRUST The Chartty w48 e8¢8bll•hed on 10th tl#y 1994. It 18 8overned by a Tru$t Deed attd w•8 re8I8tered as charlty number 1041754 on 18th October 1994. THE OBJECTS The object8 of ckn Charaty aré as £0ll¢)ws: lal ProUrIn8 the advancement of l$lBmlc falth In partlcular Imvolvln8 peopl• of Br£tl8h Andlor Europtart J4tlonAI orl81ll. Ibl Provldtng and malntalnln8 a plaee of t•mr6hlp. lel Provldln8 Iervlees to relleve sufferlng. 8lekThe88 And poverty Aeeordance wlth the pttt¢lplee and practleo of 1s14P. Idl EelplD8 to Improve tbè Ilvln8> Inental alld moral stAnd4rd of people. (el Carryln8 Out rell8lou8 $ervl¢e8 Such as covtssellln8. If l A$sl8t&n8 Iolarnlc tralnlng and edue4tlon. DEVELOF•IINTS ACTIVITIES AIID ACHIIVE141MTS It wa8 a 8ueee88flll yeAr wlth tbe Trust eontlnulng to Batl$faetorlly 8ehleve Its 8tated object8 and It £8 Intended that thls wlll CltInue for future yeAf8. aln achlev¢mettt gf the Charlty durln8 the year wa8 to provld• Its 801e propertytr located at 277 St. Aan's Road. London. 1115 5RG A8 a place of wor8blp and refu8e to those of the lslawlc falrh. Monetary funds t8t$ed rhrough rental IAe¢)me ar£$lng from the property h4ve beett sed In covetlttg the operatln8 C08t6 of the 8ub81dlAry Shelkh Ilazlm Sufl Cetttr¢ Ltslted. FiNANCL REVIEW Ilearly all tru8t flnancaal actlvltle8 have been catrled ¢)n through the subsLdlary ShelklL Nazth Sufl Centre Llmlted.
Pa8e 3 SUEIKH NAZIM SUFI TRUST 1ST 277. S¢. Ann'8 RoAd. L¢>ndon. N15 5RG. Sant4nder UK ple• 2 Trlton Square Re8ent'8 PIAce• London. EITII 3AN. Nevron & Garner Ltd, Bulldln8 2, 30 Frlern Park. Ilortb Flnchley J London. 1112 9DA. Bartlett61 38 Wllloughby Road. tTra011. N8 OJQ. TRUSTEES I RXSPON51BILITIES Law 4pplleAble to charltleB n Ellsland & Wales requlre8 che trii8tee8 to prepare flnan¢lkil gtAtement8 for each flnAnelal year whleh glve a true Attd fAlr vlew of the charlty'8 flnanclal actlvltles durlog the yeLt of It8 flJ)Anel41 pos£tlo at tbe end of tbe year. In ptp4r£tt8 fln•ne141 statements 8lvlllg a true and falr vlew, the trnstees should follow best practlce and () Select sultable aeeolmtltsg pollele8 and then apply them con51stently. {11) Ilake Judgement8 and e6tlmates that are rea8¢)n&bl¢ And prudent. {111) Prepare the flnanclal 8tat¢m¢nt8 Qn the C4XLcern bas18 uDles6 It 18 InApproprl•te tts presume that the cbarlty wlll contlnue In operatton. The trustee8 are respoL8lble for keepln8 4CCOUlltlng records whleh dl8elo6e wlth reo$onoble eeurey the flnanclal posltlon 0£ tlLe cbarlty and wblch ellAbl¢ them to ensure tELat the flnanelal 8¢Atemeat$ comply wlth the tTh¥st deed. They are a180 respon8lble for $afe8ll*rdln8 the as8etB Ot the cbarlty and hence for tAkth8 re•son•ble 8tep6 for the preventlon and detectlon of fraud and other Irr¢8U1Art1es. Nev tru8cee8 Y be appolnted by a majorlty of tbe trustees In Theetln8. roved b Tr 2026 and 61 ed orl thelr behalf - TRUSTEE
Pale 2 NAzni SUFI TRUST REPORT 07 YHE CBARITT POLICIES Tbe Trust does not currenrly ¢JLgage IDve8tment acrivlry aud any lucb actlvLty would Involve the seekng of profe88onal advlce before Buch aetlvlty took place. The Trtysteeo revlew tbelr mRnagemetLt pollele8 on an annual ba816. They are of oplnlott that there Are no ajOr rtsks to whleh the ChArlcy 18 exposed and tberefore. systems to mltl8ate r8k Are ttot eonsldered nece88Ary. The Trnstees have not set a level 0£ ancome rèserves nece884ry to walntaln the Ch4rty because It Is not consldered Thece88&ry. The Tnx8tee8 select beneflclarles eeordln8 to the a8sesBed needs of Ind£vlduA16 and IDBtltuton8 And In accordance wlth the Stated object8 of the Charlty. Tlke Cbarlty truatees who havé 8•rved durln8 the year ¥erè:_ Cutteyt Yumakc Haj I Serkatt (re8l8tted) tthm¢az Taf taf Moballlllled Adll (appolnted 27.01. 26) The Trn8teeg ¢gnrluue to provlde thelr 8ervl¢e$ free of chatge to the Ch4r£ty,
PA8¢ 4 SHEIKH NAZIM siin TRUST 110. OT CHARITY - 10417 IIIDXPENDENT EXAMINERS REPORT TO THE TRusfEBS OF SHEIKK NAZIM siirI TRUST I report on the account8 of the TruBt for the year ended 318t July 2025. whlch Are set out on pa8e8 5 to 10. R¢¥ eettve re• oM•lb£llt£•• of tYu•t•e• Attd ex•mlD•r The eharlty's trustee8 are re$ponslble for the preparatlon of the aeeouttts. The eharlty 8 tru8tee8 con8lder that an audlt la not requlred for tlLl8 year under $ectlon 144121 of the ChArltle8 Aet 2011 It 2011 Aet} and tbAt a Independent examlnatloll Is Deeded. It 18 my respott$lblllty to: 11) ExaTrlDe the accounts wider $ecrlon 145 of the 2011 Aet. 12) To follrrA7 the procedure8 lald doTm In the General Dlrectlon8 8ven by the Charlty ColloDlssloner8 ullder sectlon l45151 Ib) of the 2011 Aet and 13) To 8tate whether partlcular matters have e¢)mt to my attelltlon. BaBI8 of Inde eudent exa£n•r • r• My wa8 carrled out In accordance wlth the General Dlr•ctlLTh8 glven by the Charlty CotDTrI881oners. kn exathlLAtlon Include8 a revlev 0£ tTrLe ACC01ATltln8 records kept by the charlty and a ¢omparl8on of the a¢counc8 preaented wLtkn those records. It aloo In¢lud¢¥ conslder4tlon of any unusual Item8 or d£8¢loaures tILe ALccpunta> and seekln8 explanAtlon$ from you as tru6tee6 concernng any 8u¢h atter8. The pro¢edute$ undertaken do not provlde all the evdence that would be requlred an audlt• arLd con8equently I do ttot express an oudlt oplnlon on the vlev gtven by the account8. Ind end•at o¢r • •t•t•M•nt In conllectlon vtch my ex4mlnatlon> no matter bA8 come to my Attenttoni 11) SV¢S Jne rea80nable cause to belleve ¢ht In ny materlal respect th• r•qulremeTht8 t (11 fo keep aeeountltt8 recgrd• accordance wlth 8éet£on 130 of the 2011 Aet (11> To prepare ac¢ount8 whlch accord wlth tbe Ae¢QlUItIrt8 rÈeord8 and coxply wlth the aeeoulltlng requlrernts of the 2011 Act have not been met• or <21 To whlch. In my optnloa* &tt¢tttloA 8hould be dravTh In order to enAble a ptoper understandln8 of the 4eeountB to be reached. l¥- R. KEIIGHT FCCA ATII ACA. BUIU)ING 2, 30 FRIERN PARK. NORTH TINCHLEY, LOIIDON. NI2 DATE
Page 5 F FINAIICIAL ACTIVITIES Unre8¢rl¢ted fund8 GeneraL Property Re8trleted Funds TotaL Total Notes INCOIIING IZSOURCZS Don8tlon8 & glft8 Rental In¢ome 35.705 35,705 46,908 TOTAL IN NG SOURCES £35. 705 £35.705 £46.908 RESOURCES EXPENDED Dtreet cbarltable expertdlture M4nA8evnt & AdwlDl$tratloo e08t8 35,650 35,650 49,268 1.810 1,810 1.242 AL RES £37, 460 £37.460 £50,5IQ Iirr OUTGOING RESOURCES FOR YEAR Tr4n8fer between fundB 11,755) (1.755) 13,6021 11.755) (1.7551 13,6021 Balattee at 16t Au8u5t 2024 4,820,310 4,820.310 4.823,9I2 1ST JULY 202 £4,8l8,555 £4.818,555 £4.820,310
Page 6 SllKIKH NAZLII SUFI TRU AT IST JUL7 20 FIXED ASSETS Tan8lble 4o$et$ Inve8tment Inveotment property 83 loo 18.000.000 103 loo 10.475,000 18,000,183 10.475,203 CIIRREMT ASSITS Debtors Cash at bank & In hand 780 2,306 5,888 3,086 5.888 Credltors 433, 936 435,003 CUR2Ewf LIABI (430,850) (429,1151 ET £17,569.333 £10,046,088 BESTUCTED TUNDS General fund Revaluatlon re8erve 9 & 10 9 & 10 4,818.555 12.750.778 4.820,310 5.225.77B £l7.569,333 £10.046.088 roved b the Tru - 2026 and helr behal£ TRUSTEE
Pa8e 7 SEEIKH MAZIM surI TRtIST CASB FLOW STATEMKWI AT NET INCWNG ESOIJRCES FOR TIIE 7ZAR {1,755) (3,602) Depreclatlon IIThcre4$el Idecrea8e In debtors D•er•88• In credlcor8 20 17801 11,067) 20 15.353 (20.904) FRI ORDINARY TIVITIES 13,582) (9.133) Investment ptoperty addltlon Ftsed asset Addltlon6 Loan$ reeelved L¢AttS ]llade MET CASH DECREASE £(3,5821 £19.133) at baDk At 1st Au8USt 2024 Net cash decreaBe 5,888 (3.582> 15.021 (9.133> £2,306 £5.888
Page 8 NAZIH SUFI TRUST MOTES TO l. AccouYfiNG POLICIES The fln8nelo1 statements have been prepared In Aecord4nce wlth #pple4ble accountlng standards arLd The Statement of Recomnended Practl¢e> 46Accountn8 by CILarltles". The partlcular accountlng pollcles adopted are detalled below. The flnanclal 8tatwllent8 are prepared under the hlstoreal cost conventloll• Donaton• 4r• accounted for Tknn recelved. IlThexpended 8raatg In re8peet of UAeompleted 8peclal project8 are carrled foTh7ard a reotrlcted funt1 occouLt as opproprlaee. Ftsad a88•t8 Flxed a$set8 are stated 8t the lower of c08t and net reallsable valuè. raelatlon Dépteclatton l¥ calculated to wrlte off the c08t of tanglbl• flxed assets over thelr estthated useful Ilves ork a gtral8ht-Ilne bA818 48 follow8: F%tures1 f Ittln88 & equlpment 15Z No depreclatlon provlded on Investment propertle8. The Trust has madè the property known 88 the Shelkh NAZLM Sufl Centre ava£labl¢ to 8eTre As accoll0aatl0tt for otherwlse homele$s refugees. The rental £ne¢)me has been reeelv¢d by the operatln8 8ubsldlary J STrLelkh Nazlm Sufl Cetttre Ltd. 2. DIRECT CHARITABII EXPEIIDI Dreet expendlture In support of tlke Charlty'8 obJe¢tlve8 Donatlons Teacb*n8 expen8e8 32.950 2,700 46,568 2.700 £35,650 £49. 268 There were no st8nlfl¢attt beneflelat£es 0£ dlreet charltable expendlture In the year.
P•8e 9 SllKIKH NAZDE surI TRUST NOTES TO ThE ACCOU$ YEAR ENDBD 3IST 3. IIAMAGKIIEwf AIID ADMINISTRATION Cleanthg & Tea boy & R•madan obopplrLg Intere$t Pald Aee¢xuit4Dcy f ee8 DepreclAt£on: Flrture81 flttlng8 & equlpment 523 331 936 20 382 840 20 £1.810 £1,242 Addltlon8 Dl8 0s418 F£xtures tr ftttlDgs & equlpmettt £43.085 £43,085 Depn. char L24 D16 TI osal8 Ftsture8? flttlttgg & equlpment £42,982 £20 £43.002 Flzture8 Tr £tttln88 & equlpment £103 £83 J. IIIVISIIIEITf Iii SUBSIDIARY CCXIIPAIIY 100 OrdlnAry 8hares of tl each In SIEelkh Ndzlm Sufl Centre Ltd. £100 £100 The 8ubBldlary earrles out the operatkng actlvltle8 of the trust provldlttg AeeonuDodAtlon and related Berwlee8. It8 re8erve8 were In deflclt by £18.611 at 31st July 2025 tbe last accountltt8 date. It had lTheooa 0£ £202,253 and A surplu6 of £9.586 for the year then ended. Its re8uLt8 have not been eon8olld8ted Into ttrAe8e £lrLanclal 8t*te•ent8.
Page 10 SHEIKH NAZlll SUFI TRUST MifIES TO ACCOUiITS 202 6. IEIVESIIIENT PROPER Shelkh Naztfy SufL Cetstre: At ¢08t 18e au8U•t 2024 Uttre•ll8ed surplu8 or revalu8tloD 5.249.222 12.750,778 5.249.222 5.225,778 At 31st Jul 202 £18,000,000 £10.475.000 property wa8 revalued at £10,475.000 In March 2008 by B4rket & A880elatès. mtmbét6 0£ the Royal In8tltlltlott of Cb4ttered SurYeyor6. ITh the trustee's oplnlon* tbe v4luAtl¢)n has Increased to £18,000,000 on 318t July 2025. Other debtor8 £780 8. CREDITORS Bauk Loan Loan AcerualB 11.567 420,593 l.776 13.948 419.435 1,620 £433.936 £435. 003 9. IINREST&ICTBD FUIIDS Balance oi. Move rAt Balance 31. General £und¥ Revaluatlon re$¢rve 4.B20.3IO 11,7551 5,225,778 7.525.000 4.818.555 12.750,778 £10.046.088 £7.523.323 £l7.569.333 io. YSIS OT llT Tanglble f Ixed Asset Int4ts8lble Elet f Ixed ¢urrettt I2& Ilabllltl¢8 ta re trlcted futtds Ceneral fund8 RevAluatlon reserve 5,249,305 12,750.778 loo 1430,850) 4.818,555 12,750,778 £18.000.083 £100 £(430,772} £17,569.333