Charity. registration number.. 1080082 Anjuman-E-Saifee (Leicester) Annual Rcwrt and Financial Statcmcnt5 for the Year Ended 31 December 2024
Anjuman-E-Saifee (Leicester) Contents (continued) Reference and Administratiwe Delails Trustees, Report 2to6 Statement of Trustees, Responsibilities Indctxndcnt Auditor5, Rcport 8t09 Sialement of Financial Aciii'ities 10 Balancc Shcct Notes to the Financial Statements 12to 19
Anjuman-E-Saifee (Leicester) Reference and Administrative Details Trustees Janab Amilsaheb Shaikh MUS17 I lashimi. Presidenl Shaikh Ibrahim Bhai Shaikh Ismail. - Vice-President Shaikh Ke7ar Bhai Jii'anji:- Secretarn, Shaikh Mustafa Bhai Nabco - Joint Sccrctary. Shaikh Aziz Bhai Sulcmanji - Trcasurer Shaik.h Shabbir Bhai Shaikh Mulla I lusein bhai Lsmail Mulla Dr. Husain Bhai Shakir Charity. Registration Number 1080082 Principal Office 12) LoughtKTrrough Road l.eicester Unitcd Kingdom LF.4 il.Q Tahas & Co Lid Chartered Certitied Accountant and Registered Auditors 760 Ea5tcrn Ai'cnuc Neiybun. Park Iirord Auditor IG2 7HU Bankers Lloi"ds TSB 7 1 ligh Streei Leicester Page I
Anjuman-E-Saifee (Leicester) Trustees, Report The irustees present the annual report gether with the financial slements ol Ihe charitv for the )ear ended 31 December 2024. The financial statements hai'e been prepared in accordance ivith the accounting policies set out in note I to the financial statcmcnls and compl). ii.ith thc Charits" 5 Trust dccd. thc CharitiC5 Act 2011 and Accounting and Reporting bi. Charities Smtement ot- Recommended pral¢e applicable io charities preparing iheir accounts in accordancc i%'"ith thc FinanLial Rcporting Standard applicablc to thc UK and Rcpublic of Ircland (FRS 102) (effective Irom l January. 2019). Objective5 and activities Thc Trustccs hold thc Trust Fund and its incomc trust to appl!- thcm for thc rcligious and charitablc purpose. particularl), to adminisier. manage and organi£e ihe atTairs of ihe Dai4oodi Bohra Jamaal of Leicester as per the -'12 Umoor Pro?ramme introduced b!- the i3rd al-Dai al Mutlaq.. His Holiness Dr SN'edna Mutaddal Saifuddin -l-LIS and particularl). for the fol10.1ng purtK)ses. To advancc and propagatc cducation and Icamino. including thc administration and organisation of rcligiou5 and temporal aftairs, of the Dam,dI Bohra Jamaal of London and to practise and obseTh'e Jslamic religion in conformit). ii'ith al-Quran: Islamic Shariat and thc Fatimi phi1050phN". culturc and tradition5, all as intcrprctcd by al-Dai al-mutlaq. To advance eduLaiion and learning including. bui not limited to. supp)rting religious schools, secular educational institutions and scholastic prizes and promoting literature and languages. especiallj the Arabic language and l.isan al-DaiYai -l-he reliefof need, hardship and distress -I'he provision and assislance in ihe proN"ision of lacilities for ihe recreaLion and oiher leisure lime OCLupations f the beneliciaries particularl!. for 'Omen and l.oung people in the interests of social M'elfare and so that their condition of life ma). be improi ed. To adN'ancc Islam to proi'idc othcr charitablc rclicf in accordancc ii'ith thc tCrn15 of thc Trust Dccd. Thc polic). ot thc Trust continucs to bc to 5cck- supwrt and providc for thc aims as statcd. Thc Trustccs confirm that thcl. hai"c paid duc rcgard to thc guidancc cuntaincd in thc C.harih. Commissiun's general guidance on public benefi1 ii.hen rei'ieii'ing Ihe Trusi's aims and objectii'es in setting ihe grant making FK)lic!, for the )'ear. The Tn]st has established its grant makino rxilic!. to achiei"e ILS objecLs for the public benefit for the advancement of religious and chariiable purposes of the Daiioodi Ilohra Jamaal of Leicesier in particular and the communitv at lar?e. CJrants are made at the discretion ot the Trustees in respect of anN' application from indii'iduals or insiilulions that maN appl!" for assisiance li iihin ihe objecis of the 'l-rusi. l.omial applicalions are required setting out the reasons for the grant. The licI. of the Trustees is to make large single grants rather than many smallcr oncs. Structurey governance and management Anjuman*-Saifee (l.eicester) ilas created bs. a Deed of Trust on l March 2000 by the donation of an initial corpus ot £786 b!. thc 52nd Dai al-mutlaq: His Holincs5 Dr Sl'cdna Mohammcd Burhanuddin IRA). Thc Trust's regisiered chariti status il'as confimed bi. Ihe ChariTh' Commission on 29 March 2000. Page 2
Anjuman-E-Saifee (Leicester) Trustees, Report (continued) Trusiees are appoinied by al-Dai al-muilaq for a or riie N"ears or as Ma be detemiined by al-Dai al-mutlaq. A DirectiN'e from His Holiness Dr Sl'edna Mufaddal Saituddin ITIJS} appointed a ne, knard ot tru5tLfS from I St Fcbruarv 2023 to 20th Dcccmbcr 2027. TrustCC5 ma}" bc rcappointcd at thc cnd of a tcrm of five years or ne. twstees ma!. be appointed as sei out in the iernis of the Trusi Deed. The Trustees hai'e the Pom'cr to managc. administcr and conduct thc da)"_tO-da!" busincss and aftair5 Ot thc Trust. Mcctings of thc Truslees are held ordinaril J. once ei'ery. tsio months ai iihich theN" aoree the broad straiegN' and areas of acti] for thc Trust, including thc considcration of grantlloan making.- rcscr¥-c5 and risk managcincnt wlicics and perfom)ance. The daN'_to-da!' administration of gran1]OanS and the processing and handling of applications prior to their consideration bs. the Trustees (if appropriate). tooether ilith the general administration of the charilv has been delegated to i'arious subcommitiees. 'l-he "l-rustees hal'e assessed the major risks ihe -l-rusi faces and idenlified the major risks bl. area ofactiiwily. Ihe nature of those risks, the likelihood of the risks materialisino and the measures taken to manage them. The 'l-rusiees rewiew. these risks regularlN" at Iheir meeiings and theN are saiisfied thai sl'slems are in place lo manage Ihe risks that haN'e been identified. in panicular. controls oi'er Gqsh withdra..a]S and authorisation of invoices. Achievements and Performance Thc main sourccs ot- inLomc of thc Trust arL thc rcgular contributions from thc communitw 5uppILmcntcd by other donations from minor sources and connected charities. The Achievements and perfom)ance of Ihe Trust are highlighted as kr 12 Umoor Programme, classified into 12 main categories consisting the tollois"ing'. l. Umoor Deeniyah - Religious Affairs "I'he 'l"rustees N'ear round mainlain a suiiable eniironmenL bi" adherence lo the tenels of Islam. The Trusl nomallTr' has around 300 religious gatherings during the !'&2r to ii.hich all members of the Daii'oodi Bohra Communit). are ini'iled to. Since the inauguraiion Iirtiial of Burhani Masjid. Ihe 'l-rusl is pleased lo nole an increase in members attending the gatherin2s and speciall!" durino the dail!" pras'ers. The gatherin_os include a arieiv of lunctions Irom semions to hisiollcal i.ideo conieni eihibilions relating lo the Lommunily for ei'ery'one to partak-e. The Trustee.s assist the communits. throu?hout the )-ear personallv as i¥ell -.1th making sure Ci'c.0nc's housc h)'gicnc facilitics arc adcquatc and as pcr thc tcncts of151. Funcral arrangcmcnts wcrc madc by the Trust for members of the community who had passed aii'av during the ffar. 2. Umoor Taalimi)'ah - Educatio Thc Trust supportcd cducation to learncr5 of all agcs to cnablc thcm to facc thc Lhallcngcs of thc cutTcnt timc. Religious classes are proi'ided for children ni'ice a ii'eek-. The classes are administered bi, the Trust ivith assistance trom 13 teachers ii'ho teach oi'er 75 children trom age i to 16. This )'ear ..e have increased the number of teachers ihiLh has helped proi.ide greaier commiimeni and expertise along '1th enhancing the depih and resilience ot our teachino tacults.. In pM"ious l-ears. the trust made better prOls1onS tor a staty room for ieachers and this )'ear e hal'e improved/re-decoraied ihe communal areas and the hall along ii.iih an ongoing project tor the kitchen and outdrS for better facilities and eni"ironment for the students. This l'ear the car park and fencing w'ere renoi'ated. iteds and rubbish removed greaily improi"e the appearance of the froni and rear ol-the site. Regular exhibitions and competitions are held 10 motii'ate the children and engage the i4.ider community ivith thL aim to cncouragL CdUtion throughoul all our lii'c5. 3. Umoor larfIq Burhaniyah- M'elfare The Trust carried oui N'arious iniiiatii'es to ensure ei'eri. communits. membevs lii'ing standards. especiall>. their religious, economic. educational. household. health and food standards iirere uplifted. This Trear particular importance ivas gii'en to.ardS phj'sical and menial health and ivellbeing '1th the trust organi7.ing community 'alLs and group cxcrcisc 5cssions. 4. Umoor Maliyah- Budgeting and Accounts Page 3
Anjuman-E-Saifee (Leicester) Trustees, Report (continued) The Trust ensures that budgets are sei for all financial aspects of the Trusi. ensuring all income and e.xpenses are acc(iunted through proper maintenance of books ot. accounts. Workshoplseminars and practical lessons haTre bccn introduccd to instruct and hclp iyomcn and childrcn on Homc Bud£cting 14.hich arc ii'idclj promutcd 'ithin ihe community. 5. Ummor Mawarid Bash*riyab - Hutllan Resourees Thc Trust thruugh v.arious human rcsourcc pr02rammcs idcntifics thc rclcvant Skill scts of communitv mcmbcrs. This helps the Trust lo engage these '0]UnIecrS for offering iheir services in their relei'.ant field i.e Infomiation Technolog!., Accounts and Education. 6. Umoor Dhakheliyah - Internal Affairs- ITICommunicationlSt2tisties "I'he Umoor continued its role in implemeniing the folloii"ing: a) PA sN'stem for all tunctions. takin? on feedback and implementing neiN softmare to make the sN'stem better for b) AV - ensuring the ii"'ebsite is lii'e for all fvnctions as appropriate cl Assisting othcr tcams ii'ith IT assistancc d) Ensuring all members tolloii- the annual Data ulate DriiTe as per ITS Ll Prui'iding AIV support for 5cmin. quizLs and SPLiial cN"cnts D Providing Madrasa staff aJi' assistance for presentsiion or competitions g) Looking aftcr all broadcast mcssagcs t-or ci'cnts and functions so that appropriatc cooking arrangcmcnts arc made in order to minimi7£ ivaslage 7. Ummor Kharijiyah - Publie Relations Thc Trust continuously cngaocs iiith thc local communitics b)- organisinq cwcnts. During thcsc cvcnt5. infomiation and guidance Nvere pro"Ided to the people who aiiended and guesi speakers from differenl paris or the countrk. also attended. 8. Ummor Qaza- Legal Affairs "I'he -1 rusi looks into ensuring all members of the communilv lii"e in hamonv and mulual understanding. li prO.IdeS suprx)rt and guidance lor support ivith marriage and dii'orce queries. 9. Umoor Faiz al Mawaid al Burhani)'ah and Niyaz- Meals from the community kitchen A groundbrcaLing initiatii'c that sail" thc c5tabli51imcnt ot communi. kitchcns in toilS and citics in diffcrcnt parts of- the I40rld K¥'here members of the Daivoodi Bohra community. reside. the Fai7 al-Mau.'aid al-Burhani!'ah IFMBI programmc was cstablishcd Isith onc oi'crarching objcctiN"c= to proN"idc at Icast onc ii"holcsomc and nutritious meal a day io ei'ery. communiti. household. The Trust proi'ides all communit). members nutritious and sufficient meals on a dail!. basis. There are around 140 dail!" meals prepared in communit).. kitchen for all members of the communitN'. "I"he ke! respK)nsibilitv of procuremenL lood preparaiion, qualilv checks and health and satetv is maintained on a reoular basis. l.'MlJ has managed to achiei"e its objeciives: w.ith a focus on proi'iding healih) and nutritious meals, strenothening communit! bonds, empK)ii'erin? women. prei'entino food waste and enabling spiritual as well as material enrichmeni. 10. Umoor Iqtesadiyah- Finanee and Business Development The Trust encourages business dei'elopmeni. counselling. skills dei'elopment and business startup help to communit}, mLmbL"r5. Thcrc arc NlOUS programmc5 during thc i.car to achici"L" this objcctiN'c ii'.hich particularly focussed on planning l.adies specific ei'ents. preparation for shoii'casing the manN, ladies lead business i'entures and profcssional scrviccs. There il'as a drii-e io spread aivareness of eyisting businesses and during the hol!. month of Ramadan. a specific program on business development li.as arran?ed lor the entire communiti". In particular to ensure partnerships in business ivere conducied as per the guidance of our communitv ii'ith clear partnership documentation: prcvcnting t"uturc di5PUtcs. 1 l. Umoor Amlaak - Properties Page 4
Anjuman-E-Saifee (Leicester) Trustees, Report (continued) The Trust ensured thai the mainienanLe of properlies. legal documenthiion and development is carried oul regularl).. The Trust provides necessar). tunds assisthnce tor the mainienance and upkeep of all the properties U5cd b). thc community. 12. Umoor Sehhat- Healtb and Hvgiene Acttvity We coniinue I4.'ith 'arIOuS aciii iiies as folloii's. a) Mcdical and Hcalth.. Opcn sur2crv was organi5cd b!. thc doctors and othcr hcalth profcssionals to havc a contidential consultation iviih a healih professional regarding an). health concerns mumineen ma), have. A first aid training program il'as arranged and health prolessionals attended io gil-e trainino to members. b) Cleaning: on daill. bases the Masjid cleanino of look place: including the main prai er hall, sehen: kitchen and thc outsidc. Morc cmphasis iyas madc on dccluttcring and discarding thc unilantcd itcms and arranging prOpr storage areas. A dril e clean program iyas organised before Ram1. Muharram and Milad dai al Maan, Ivhere younosters and ditlerent teams ot men and i%-omen ii.ere inN"ited to help clean the Masjid. Kabrastaan and mavN'ai room Lleaning and mainienanLe takes place on a regular basis. -I"his )'ear Masjid gardens and Ihe surrounding areas were given special attention ivhere iieeds and plant oTrergr0¢h M'as removed, seating and lighting improi'cd. c) £ports= Sei'eral countTr side is'alks is-ere aan0ed ii-here Buzurgo and voungsters participated. Football and crickL* gc5 arL organisLd on a ii'cckl!" monthli" basei. Ladiei arrangLd gamL"s othLI' yoga scssions. d) Phl'siotherap!.: Sessions for the i'oung and elderli. are arranged b!. phi'siotherapists on a quarterlN, basis. c) EnN'ironmcnt.' Ncw trccs and plantation around thc masjid il'as managcd in a bcttcr fashion than M'"as previousl). done. Bookhoor in the masjid is done on a regular basis. Financial review "I'he main regular source of income of Anjuman-e-saifee (Leicesler) are the regular donalions Isabeel ul Khair '"a Barakai) from the community. supplemented b!" donations from other sources. This provides the necessary, runds for the objeLts of ihe -l-rusl. lor ihe mainienance and upkeep of the i"arious properties used b), Ihe -l-rusl and tor the provision of tunds to other connected charities. 11 is the polic). of Anjuman-e-saifee (Leicester) Ihai unresincl funds iihich have noi been designaied for a specilic use should be maintained at an adequaie lei'el sufticient to coi-er anN" reduction in tunding so that they continuc thc Trust's currcnt activitlC5. Reserves policv The reseTh'es kX)licy is to hold funds to enable the Trusl lo ca. out its operaiions and at an adequate level to mcct its objcctii'cs. This proi.idcs for suffiLicnt funds to bc ai"ailablc for all managcmcnt and administratl.C cosis as well as ensuring adequaie tunds coniinue 10 be aK'ailable for Ihe costs of the Trust's charitable aCtIlties. The balance held as unrestricted funds at 31 December 2024 lias £347.940 (20?3 £29i.1231. the cash reserves of £900:4i8 {202J.' £49i.719) includes accessible funds of £192.6JO (2023 £197,270 }. l-he eurrenl level of resen'es is theretore considered adequaie to meet the ongoing oi"erheads of the Trust. Investment policy 'I'he -1 rust deed authorises the Truslees io mak-e and hold inieslmen(s using the funds of the charitv. The Truslees also hai.'e poiver to hold funds iyith bankers as necessary.. Due to Ihe tenets of ihe Da'00d1 Bohi? faith. intcrcst can ncithcr bc rcccivcd nor paid. and as a rc5uIL thc Trust is part of a nctwork of othcr cunncctcd charities that operate a pro£ramme related ini"estment made in the forni ol. InreSt tree loans (Qardan Hasana) to LaLh uthLr and othcr third partics t-or thc purposLS of furthcring thc objccts of thc Trust. Risk assessment The Trustees have assessed the major risks lo iithich the chariti. is exp)sed. in particular those related to the perations and finances ot the Trust. and are satisfied that si"stems are in place to mitigate their exposure to those risks. Future Plan5 The tollowing highlight some future plans for the Trust.. Page i
Anjuman-E-Saifee (Leicester) Trustees, Report (continued) lo increase the alareneSS, partlclwdlion and atiendance ai the irarious religious and social acLiviLies organised by the Tn]st to inCrcC thc scopc of Faiz il-mawaid al-Burhani)"ah to cn5urc that cN'cTr' community houschold rcccii'cs a freshl!, c(M)ked meal at leasi once a da). si¥ davs a ii"eek. to prowide the best wssible faL'ililies for ihe adi'ancemeni of eduLaiion especialli" for Lhildren attending the madrasa. The sile at 127 1.oughborough Road is noiv a self-contained madrasa building 'ith a look to the tulure towards building play and rccrcational t-acilitics and rcnting out thc facilitics to gcncratc small incomc. The Trustee5 consider the ard of Trustees as comprising the keN' management personnel of the Trust in charge of directing, running and controllino the "I rust. All "I ruse5 g]e their Lime freel! and no "I ruslee remuneration vas paid in thc Yar. The annual repx)rt approN'ed b!- the trustees of the charitl, on 29 October 2025 and signed on its behalf b>.: Aziz Sulemanji (Oct 29, 2025 14.21=53 GMT) Shaikh Aziz Bhai Sulemanji - Treasurer Trustee Page 6
Anjuman-E-Saifee (Leicester) Statement of Trustees, Responsibilities The Irusiees are responsible for preparing ihe irusiees, reporl and ihe financial sthiements in accordance ivith Ihe IInited Kingdom Accounting Standards Illnited Kingdom Generalls- Accepted Accounting Practice) and applicablc lam. and rcgulatiuns. The law applicable to charities require5 the trustees to prepare financial statements for each financial )'ear which giwe a irue and fair wie. of ihe sle of alTairs of the charili and of ihe incomin? reUrCeS and applicalion or resources of the charits, for that period. In preparino these tinancial statements, the trustees are required to= select suitable accounting poliLies and Ihen appli. Ihem consistenllv; obsc'C thc mcthods and principlcs in thc Charitics SORP= make jud2ements and estimates that are reasonable and prudent: state whether applicable accounting standards hai"e been folloi%".ed. subject io any malerial departures disclosed and e.¥plained in the tinancial statements= and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitv "1[] continuc in busincss. The trustees are resrK)nsible for keeping proper accounting records that disclose with reasonable accuracy at any lime ihe financial position of the charit> and enable ihem 10 ensure ihai ihe financial sialements compl), Ivith Ihe Charities Act 2011. Ihe Charilies (Accounts and RerM)rts} Regulaiions 2008. and the prOls1OnS of the cunstitution. Thc trustccs arc also rc5tK)n5iblc for 5afc2uarding thc as5cts of thc charit!. and hcncc for taking reasonable steps for the prevention and detection of fraud and other irregularities. 'I'he trustees are responsible lor the mainienance and inglI. of the cOr[x)ra and finanLial inforniaiion included on the charitable compan! % Is-ebsiie. Le?islaiion ooi-erning the preparation and dissemination ot finClaI statcmcnts maTr' diffcr from Icgislation in othcr jurisdictions. Approved by the trustees ot the charits. on 29 October 2025 and signed on its behalf by.. Aziz Su leiiianji (Oct 29, 2025 14..21.-53 GMT) Shaikh A£1£ Bhai Sulemanji - "I reasurer Trustcc Page 7
Anjuman-E-Saifee (Leicester) Independent Auditor's Report to the Members of Anjuman-E-Saifee (Leicester) Opinion Wc hai'c auditcd thc financial statcmcnts of Anjuman-E-Saifcc (Lciccstcr) (thc 'charity ) for thc vcar cndcd 31 December 2024, h1¢h comprise the Statement of Financial Actii'iiies, Balance Sheel, and Notes to the Financial Statements: including a summarl" of 5igniticant accounting FK>licies. The financial reporting rrameork ihat has been applied in iheir preparaiion is Uniied Kingdom Accouniing Stsndards, comprising Charities SORP - FRS 102 'The Financial RertIn0 Standard applicable in the IJK and Republic of Ireland, and applicable lam" {Uniled Kingdom Generall)" Accep1 Accouniing Praclice). Conclusions relating to going eoncern In auditing the financial statements. lye hai'e concluded Ihai the Iruslees use of the going concern basis of accounting in thc prcparation of thc fInCIal 5tatcmcnts is appropriatc. Based on the 'Or- li-e hai'e pertomed. li'e hai'e not identitied an!. material uncertainties relating to ei.ents or conditions that. indii"iduall)" or collcctii"cli". ma!" cast $12nificant duubt on thc ch1t s abilit). to continuc as a going concern tor a period of at least ttYelTr'e months trom ii.hen the ori?inal financial statements iiere authorised ror issue. Our responsibilities and the resFM)nsibilities of the trustees ivith respect to going concern are described in the relei'anl seLlions ol Ihis retX)rt. Other infortllation The trustees are responsible for the other infonnation. The other infonnation comprises the information included in thc nUal rcport. othcr than thc financial statcmcnts and our auditor s rcwrt thL"rcon. Our opinion un thc financial statemenis does not CO.er the oiher infomiation and: eNcept to the extent otherwise explicitly stated in our rcport: IN"c do not cxprcss an!. t-orni of a55urancc conclusion thcrcon. In connection with our audit ot the financial statements. our responsibilitv is to read the other infomiation and, in doing so. consider "elher Ihe oiher inlom)aiion is maleriall! inconsisienl li ith the financial slalemenls or our knowledge obtained in ihe audit or other4%ise appears io be materiallN' missLqted. If we identifv. such material inconsistcncics or apparcnt matcrial misstatcmcnts: ii"c arc rcquircd to dctcnninc iNhcthcr thcrc is a matcrial misstatement in the financial statements or a maierial misstatemeni of Ihe oiher information. If. based on the 'urk M'c hai'c PLrformcd. M'"c concludc that thcrc 15 a matcrial mi5Statcmcnt of thi5 othcr information, wc arc required io rerK)n ihat fact. Wc havc nothing to rcport in thi5 rcgard. Matters on which we are required to report by exception In the light of our kno.ledge and understanding ol- the charits. and its eniiironment obtsined in the course ot-the audit: wc haw"c not idcntificd matcrial mi5Statcmcnts in thc TrustCC5' RcpK>rt. We have nothing to report in respect of the folloi%'ing matters 'here the Charities (Accounts and Report) Rcgulations 2008 rcquircs us to rcport to l-ou if: in our opinion= adequate accounting records have not been kept. or returns adequate for our audit haiTe not been received from branches noi i. isiied by us: or thc tinancial statcmcnts arc not in agrccmcnt ii.ith thc accounting rccord5 and rcturns. or certain disclosures of trustees remuneration specified b}. laiv are not made: or 'e have not receik'ed all the infonnation and explanaiions e require for our audil. Responsibilities of trustees Page 8
Anjuman-E-Saifee (Leicester) Independent Auditor's Report to the Members of Anjuman-E-Saifee (Leicester) (continued) As explained more full!. in the Statemenc of Trusiees. Responsibililies (sec out on page 7). the Iruslees are resp)nsible tor the preparation of ihe financial statemenis and for being satisfied thai ihe). gil'e a true and fair "icw., and for such intcrnal control as thc trustccs dctcrniinc is ncccssarl". to cnablc thc prcparation of finClaI statements that are free from material misslatemenL ivhether due to fraud or error. In preparing the financial SleMentS. Ihe iruslees are responsible lor assessing ihe LharilK s abilili lo continue as a going concern. disclosing. Ls applicable. matters related 10 going c4)ncern and using the going concern b&sis ot accounting unlcs5 thc trustCCS Cithcr intcnd to liquidatc thc charits" or to cCC upcrations. or haTrc nu rcalistic aliemaiii'e bui to do so. Auditor Responsibilities for the audit of the finaneill statements Our objLctii'cs to obtain rcasonablc assuranLC aLKJUt ii"hcthcr thc financial 5tatcmcnts as a ii'holc arc frcc from material misslalement. iyhether due io fraud or error: and to issue an audiior s rewrt that includes our opinion. Rcasonablc assurancc is a high ]'cl of assurancc. but is not a guarantcc that an audit conductcd in accordance ivith ISAS IUKI ii.ill ali%a) s delect a maierial missthtemenl i%hen il exisls. Misslalemenls can arise Irom traud or error and are considered material if: indii"iduall!" or in the a2reQa[e. the).. could reasonabl!, be expected to influence the economic decisions ot-users taken on ihe basis of these financial statements. Thc cxtcnt to N.-hich our proccdurcs arc capablc of dctccting irrcgularitics: including fraud i5 dctailcd bclow.. A further description of our resFM)nsibilities is ai"ailable on the Financial Reporting Council s iiebsite at= v.frc.org.ulJaudiiorsreswnsibililies. "l-his descripiion roms parl olour auditor s report. Use of our report This retM)rt is made solelv to the charitv trustees: as a tKIth'. in accordance ..Ith section 144 of the Charities Act 2011 and rcgulation5 madc undcr scction 154 of that Act. Our audit iiDrk has bccn undcrtak-cn so that ii'c might state to the trustees those matters lye are required siaie io irusiees in an audilors, report and for no oiher purposc. To thc fullcst cxtcnt pcrmittcd b!" laii": M"c do not acccpt or assumc rcspx)nsibilits' to anN'onc othcr than Ihe chariry and ils trustees as a both.. for our audit iiDrk. for this repxirt. or for the opinions li'e have fomied. Mustdfa (Oct 2 , 2025 14..30..27 GMT) M Poonail'ala (Senior Statuton. Auditor) l-or and on behalf of "l ahas & Co Ltd, Statuiory" Audiior 760 Laslem Avenue Newbury. Park Iirord IG2 7HU 29 Octobcr 2025 Tahas & Co l.td is eligible for appointment as auditor of the chariti. b), virtue of ils eligibilili.. for aptK)intment as auditor of a compani. undcr scction 1212 of thc Companic5 Act 2006. Page 9
Anjuman-E-Saifee (Leicester) Statement of Financial Activities for the Year Ended 31 December 2024 Unrestricted runds General Restricted funds Total 2024 Note Ineome and Endowments from: Donations and legacies Charitable aL'lii'ilies Other income 172.061 195.1)3 32.293 500.000 672,061 232.586 32.293 Total Income J99.487 537.453 936,940 Expenditure on: Charitable actiN'ities (346.670) (346.6701 .1-0[ Lxpenditure lJ46.670) 1346.670} Net income 52.817 )J7.453 590,270 Nel moi'ement in funds 52.817 537.45) 590.270 Reconeiliation of funds .1 otal funds broughi fornard 295.123 141,07J 436.196 Total tunds carried torriard 15 347.940 678.i26 1,026,466 Unrestricted funds General Restrieted fund5 Total 2023 Note Income and Endowtnents from: Donations and leoacies Charitable activities Othcr incomc 177.068 166.624 26.428 177,068 193.373 26.428 26.749 Total Income 370.120 26.749 396,869 Expenditure on: Charitable activities (J47.872) (347.872) .1-0[ Lxpenditure lJ47.872) 1347.872} Net income 22.248 26.749 48.997 Net moi'ement in funds 22.248 26,749 48,997 Reconciliation of funds .1 otal funds broughi foniard 272.875 114.324 387.199 Total funds carricd fonward 15 29i.123 141.073 436,196 All of the charitv's actiN"ities deriN-e from continuing operations during the akniTe tti"o periods. 'I'he funds breakdoi%n A-or 202J is shomn in note 15. Thc notcs on pagcs 12 to 19 form an intcgral part of thcsc financial 5tatcmcnts. Paee 10
Anjuman-E-Saifee (Leicester) (Registration number: 1080082) Balance Sheet as at 31 December 2024 2024 2023 Note Fixed assets Tangible assets Debtors due I.]1h1n one vear - duc aftcr onc )'car Cash at bank and in hand 10 699,i71 661,276 1,240.914 957.445 900.458 ,120.4J8 9JO.004 495.719 12 J,098.817 2,546.161 Creditors." Amounts falling due within year 13 12.055:419} (1.821.238) Ne¢ eurrent assets 1,043.J98 724.923 Total assets less current liabilities 1,742.969 ,J86.199 Creditors: Amounts falling due after more ihan one year 14 (716.503) (950.003) Ne¢ assets 1,026.466 436.196 Funds of the eharity: Restricted income funds Restricted funds 678.526 141.073 Unrestrieted income funds lJnre8tricted tunds 347.940 295,123 Total fund5 15 1.026.466 4J6.196 Thc finClaI stalcmcnts on pagc5 10 to 19 M"crc approvcd b)" thc tru5tccs, and authori5cd for issuc on 29 October 2025 and signed on their behalf b!.: Aziz Su lernanji (Oct 29, 2025 14..21=53 GMT) Shaik-h Aziz Bhai Sulcmanji - Trcasurcr .1 rustee Thc notcs on pagcs 12 to 19 form an intcgral part of thcsc financial 5tatcmcnts. Paeell
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 l Accounting policies Statetllent of cotllpliance Thc tinancial statcmcnts hai'c bccn prcparcd in accordancc ii.ith thc sccond cdition ot.thc Charitics Statcmcnt of Recommended PractiLe issued in Ocic)ber 2019. Ihe l-inancial Repx)rting Sthndard applicable in ihe Uniied Kingdom and Rcpublic of Ircland {FRS 102) and thc Charitics Act 2011. Basis of preparation njuman-L-Saifee (Leicesterl meets the definition of a public benefil enlit) under l--RS 102. -1-he accounts (tinancial statements) hai'e been prepared under the historical cost coni'ention "1th items recognised at cost or Iransaclion value unless oiheniise sthied in ihe relei.ani notelsl these acLounts. Goillg concern The trustees consider thai there are no malerial uncertainties aEKiut the charit) s ability to continue as a going LunLLrn. Ineome and endowments Voluntary income including donations. gifts. legacies and grants that proi'ide core funding or are of a general naturc is rccogniscd il.hcn thc charits- has cntitlcmcnt to thc incomc. it 15 probablc that thc incoTnc ivill bc receiN ed and the amouni Lan be measured ivith sulTILieni reliabilil)". Donations and legacies Donation5 ILgacic5 arc rccogni5cd on a rccciN"ablc ba515 w."hcn rcccipt 15 probablc and thc amount can bc reliabl}, measured. Grants receivable Granis are recognised N%,hen Ihe charii!" has an eniiilemeni io ihe funds and an). condilions linked io ihe grants have been met. Where pertormance conditions are attached to the _orant and are Tret to be me¢ the income is recognised as a liabilili. and included on (he balance 5heei a5 deterred income be released. Expenditure All expenditure is recognised once there is a legal or constructii'e obligation to that expenditure, it is probable settlement is required and ihe amouni can be measured reliabli". All cos(s are allocaled io the appliLable expenditure heading that aggregaie similar costs lo ihat categoti.. Where costs cannoi be direcllN' attributed to particular hcadings thcv havc bccn allocatcd on a basis consistcnt M"'ith thc usc of rcsourccs, iiith ccntral staff cosis allocated on the basis ot- time speni. and depreciaiion charges allocated on the EKlrtion of the asset"s use. Other supwrt costs are allocated b&sed on the spread of staft costs. Charilable aelivilies Charitable expenditure comprises Ihose LosLs incurred b!- the charits- in the deliver5- Ot its activities and seTh'ices for it5 bcncficiarics. It includc5 both costs that can bc allocatcd dircctli" to such actii'itics thosc COSt5 of an indirect naiure necessaTr' to support them. Page 12
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Support cosls Support Custs includc ccntral functions and hai'c bccn allocatcd to actiN'its' cost catcgorics on a basis consistcnt 'ith the use of resources. for example. allocaiing property costs b!. floor areas. or per capila. staff costs by the time spent and other costs b)" their usage. Governance costs 'I'hese include the cosis atthbutsble to the charili. s compliance "1th consiilulional and staiulorv requirements. including audit. strategic management and trustees meelings and reimbursed expenses. Taxation 'I'he charilN' is considered lo pass ihe lests sei out in Paragraph I Schedule 6 of the l.inance ALI 2010 and Iherefore it meets the detinilion of a charitable compani" for UK corw)raiion l&K purtK)ses. ALcordingl!'. the charit!. is wtcntiall). cxcmpt from taxation in rcspcct of incomc or capital gains rcccl.ed ii.ithin catcgorics coi'ered by Chapter 3 Part I l of the Corporation Tai Aci 2010 or Seciion 256 of the Taxation of Chargeable Gains Act 1992. to thc cxtcnt that such incomc or gains arc applicd cxclusii'cly to charitablc purpK>scs. Tangible fixed assets Freehold land and building are held at their purchased cost and are not subject to depreciation as the Trustees consider it is the open market i'alue and the land and buildings are being continuall)." maintained. Depreciation and amortisatio Depreciation is proi ided on thngible fixed assets so as io iirile ofT the cost or i alualion, less anv estimaled residual I'alue. oi'er iheir expected uselul economic life as tolloM's= A55et class Motor i'"chiclcs Depreciation method and rate 201 straight linc Trade debtors Tradc dLbtots arc amounts duc from cu5tomcrs for mcrchandisc sold or scrviccs pcrfornicd in thc ordinary course of business. Trade debtors are recognised iniiiall!. ai the Iransaction price. The!, are subsequentlN' measured at amortised cost using thc cftcctivc intcrcst mcthod. Icss pros'ision for impairmcnt. A proi'ision for thc impairnicnt ot tradc debtors is esblIshed N%,hen there is objeciii e ei'idence thai ihe chariLI" i%.ill noi be able io collect all amounls due according to the ori?inal ierms of the receiN-ables. Cash and cash equivalents Cash and cash equii'alenls comprise cash on hand and trall deposits. and oiher short-lemi highlN, liquid ini'estments that are readil!, coni'ertible to a knoiin amount of cash and are subject to an insignificant risk ot change in N'alue. Fund 5trueture Unrestricted income funds are general fvnds ihat are ai'ailable for use at the trustees discretion in furtherance of thc objcctivcs of thc chariti.. Restricted income funds are those donated tor use in a particular area or for specific purposes, the use of which is rLStriLtcd to that arLa or purposc. Page 13
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 2 Income from donations and legaeies Unrestricted funds General Reslrieted funds Total 2024 Total 2023 Donations kmd legaLies- Sabil ul Khair Wal Barakat Gift aid reclaimed Granis, including capital grants; Gtants from othcr charitics 152.815 152,81) 19246 170,168 6,900 19.246 iOO.000 500.000 172.061 500.000 672.061 177,068 3 Ineome from charitable activilies Unrestrieted funds General Restricted funds Total 2024 Total 2023 NIy-c-HU5aIn Faiz ul Maii'aid Burhanii'"ah Qardan Donations Shabab-ul-Lidii £ahabi Madrasa rcccipts Jamaatkhana Other Donations 15.147 117.890 15.147 117.890 37,453 3.271 17.82) 94,302 26.749 3.551 37.453 3.271 29.637 29.637 27.999 8.772 20.416 8,772 20.416 11,78) 11.162 19i.133 2J2.i86 193.373 4 Other income UDre5tricted funds General Total 2024 Total 2023 Rental income 32.293 26.428 Expenditure on eknaritable activities Unrestri¢¢ed funds General Total 2024 Total 2023 Iyote 349.240 349.240 (5.66)) 3.095 343,332 1.973 2.567 Allocaied support cos Gowcmancc costs 15.66)) 3.095 )46.670 346.670 347.872 Page 14
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Aetivity undertakell directlv 2024 2023 Taqarruban NiJ'az-e-Hus£ain Fai7. ul Maii'"aid Burhaniyah Talim). Imdad Darul Emarat expenses Marka7. and other related expenses Other Charlble expenditures DaM'at-C-Hadivah Trust UK Dcprcciation of tixturcs and fitting 42.997 42.997 27.478 12.296 12a96 11,143 90,622 41.802 13,144 101,657 6.902 48.392 2.192 94.147 40.940 16.393 94,147 40.940 80.677 12.968 46.630 2.192 80,677 12.968 46.630 2.192 J49.?40 J49.240 343.3J2 6 Trustee5 remulleratioD and expenses During the vear the charity made the folloii-ing transactions ivith trustees= During the )'ear salaried remuneraiion ivas paid Trustees or their immediafr famil> amounling to £Nil (2023 . £1,320}. During the j'ear ts%'o of the trustee5 immediate tamil!. and Trustee i¥'ere reimbursed for general eNpense5 incurred by the CharitN amouniing 10 £3,173 (202J = £):170) 7 Staff costs Thc aggrcgatc pa)'roll costs ivcrc as follows= The monthl!. average number of persons (including senior management I leadership team) emplol'ed by the charilv during the Near expressed as full time equii alenis Mas as folloii"s= 2024 No 2023 No Admin Staff Madrasa teachers 10 Oiher Statt 12 14 Staff costs are made up of wages and salaries ol£)6.808 (2023 . £31.666). No employee received emoluments ofmore ihan £60.000 during the )"ear Page li
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 8 Auditors, remuneration 2024 2023 Audit of the financial slaiemen 2.900 2.200 9 Taxation The charity is a registered charits. and is therefore exempt from taxation. 10 Tangible fixed assets Land and buildings Motor vehicles Total Cost At l Januars, 2024 Addiiions 6)6.61 i 40.487 10.964 667,579 40.487 At 31 Dcccmbcr 2024 697.102 10.964 708.066 Depreciation Ai l January 2024 Charge for the N'ear 6.303 2.192 6.303 At 31 December 2024 8.49) 8.495 Lyel book value At 31 Dcccmbcr 2024 697.102 2.469 699.571 Ai 31 December 2023 6)6.61 i 4.661 661,276 Included ii'ithin the nei book i'alue of land and buildings aLx)i'e is £697.102 (2023 £656,615) in respect or Ireehold land and buildings and £Nil (2023 - £Nil} in respect ot. leaseholds. The below properties are part of land and buildings= l. House situated at 123 Loughknrough Road LE4 iLQ 2. 1 louse situated at 9 Linlord Sireet Leicesier LL4 7QY I l Debtors 2024 2023 Other debtors 2.198.359 2.050,442 Page 16
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Debtors includes £9i7.44i12023.. £930,004) receivable after more than one s.'ear. Included .]thin other debtors is £2.019.708 12023 £1.879.i99) Qardan Hasana of which £957,445 {2023 £930.004) arc duc aftcr morc than onc }"car. 2024 2023 Othcr dcbtors 957.44) 9iO.004 12 Cash and cash equivalents 2024 2023 Cash on hand Cash at bank 3,406 897.052 4,350 491..769 900.458 49i.719 Balances beld b). the ebarity. that are not available for use by the eharity 2024 2023 Balanccs hcld bv thc charity that arc not ai-ailablc for usc bi" thc charits. 707.827 298.449 The above bank balances included in Cash at Bank is part of the Qardan Ha&qna Scheme operated by the Charity io give Interest free loans to communily mem[rS. -l-his amouni is resirlcd for use b the 'l-rusl io pav loil'ards Qardan Hasana. 13 Creditors: amounts falling due within one year 2024 2023 Oiher taxation and social security Other crediiors Accruals 610 2.Oi2.409 2.400 939 .807.600 12.699 2.055.419 ,821.2J8 Crcditors duc w'ithin onc y.car includc5 thc following liabilitics: on Nvhich 5ccurih" bccn givcn b}, thL" charits'= 2024 2023 Qardan Hasana- Hussain Scheme DaNvai-e-I ladiyah "I'rust {United Kingdom) Saifee l-oundation of Lurope 1,948.889 80,000 i 0.000 ,714,661 80,000 i 0.000 2,038.889 ,804.661 Page 17
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 14 Creditors: amounts falling due after one year 2024 2023 Other creditors 716.iOJ 9iO.OOJ Creditors amounts falling due after more ihan one )"ear includes ihe folloi4.ing liabilities. on Ivhich securil) has been gii'en b!, the charit!'= 2024 2023 Dawat-C-Hadiyah Trust {Unitcd Kingdom) Saifcc Foundation of Europc 676.iOJ 40.000 900.OOJ 50.000 716.iOJ 9iO.003 15 Funds Balance ai 31 December 2024 Balance at January 2024 Incoming resources Resources eipended Unrestricted funds General 295.123 399.487 (346.670) 347,940 Restricted funds 141.073 ))7.4)3 678.526 Total funds 436.196 936.940 (346.670) 1,026.466 Balance at 31 December Balance at I January 2023 Incoming resources Resources expended 2023 Unrestricted funds Gcncral 272.875 J70.120 {347.872) 295.12J Restricted funds 114.324 26.749 141,073 Total fund5 )87.199 )96.869 1347.872} 4J6.196 16 Related party transactions During thc s'car thc charity madc thc follow-ing rclatcd parts. transactions= Page 18
Anjuman-E-Saifee (Leicester) Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Daivat-e•Hadiyah Trust (Ullited Kingdom) (During ihe )'ear the Trust paid donations to Da112twfrHadi!"ah Trust IlJnited Kingdom) of £23.600 (2023 £23.6001 towards Tdqbban gcncral donations of £46.630 {2023 =£39.2841.1 Thc follois'-ing propcrtics N'cst in 'ihc Dai al-mutlaq {C.ortK)ration Solcl ii.ho is thc Solc Tru5tcc of DaKvat-e-Hadiyah Trust (Uniied Kingdom) (Reg. No. 2948071. The Sole Trustee has N'ide F.nlrustmeni Directive datc Octobcr 21, 2019: cntrustcd thc said PropcrtiC5 to Anjuman-c-saifcc {Lciccstcrl for its administration, supeThwision and management lo facililate religious. social. chariiable. educational and cultural actii'ities of the community and ii'here pertinent lo receii'e rental income. l. Building situated at 127 Loughborough Road. Leicesler. LL4 5LQ 2. House situated at 125 Lou?hknrough Road. Leicester: LE4 5LQ I louse situated at 74 Oi'erdale Road. Leicesler. LL2 JYI I 4. Building situated ic t 3-) 11 ellingion Sireet. l.eicester. LF.16HH i. Masjid situatcd 8-10 Bath StrccL Lciccstcr LE4 7QD Thc propLrtiLs bLlong to and arL sho1 in thc accounts of Daii"at-C-Hadii"ah Trust Iunitcd Kingdum). HOWCLr, as the}, ha'e been enirusted to Anjuman*-Saifee (l.eicesterl. rents and other income derii'ed from these Propcrtics and outgoings. utilitics. ratcs and taxcs in conncction m.ith thcsc Propcrtics arc not rcflcctcd in thc accounts of Dai¥al-e-Hadi>'ah Trnst (United Kingdom) but are inslead shoiNn in the accounts of Anjuman-e-saitee (Leicester). At thc balancc shcct datc thc amount duc to Daii?t-C-Hadi!'ah Trust {Unitcd Kingdom) £756.503 12023 £980.003). Saifee Foundation of Europe (During the )ear the "I rusi receii.ed from Saifee l.oundaiion of Lurope £500,000 knivards Qardan hasana aCti.1t1eS.) At the balance sheet date the amount due to Saifee Foundation of Europe ..aS £50.0(K) (2023 - £60.000)- Page 19